Reviewed by PropFirm201 Research Team·At a Glance
Pricing & Challenge Types
1-Step Challenge
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $50 | 10% | 4% | 6% |
| $10,000 | $100 | 10% | 4% | 6% |
| $25,000 | $200 | 10% | 4% | 6% |
| $50,000 | $300 | 10% | 4% | 6% |
| $100,000 | $500 | 10% | 4% | 6% |
| $200,000 | $950 | 10% | 4% | 6% |
| $300,000 | $1399 | 10% | 4% | 6% |
2-Step Normal Challenge
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $50 | 8% | 5% | 5% | 8% |
| $10,000 | $100 | 8% | 5% | 5% | 8% |
| $25,000 | $200 | 8% | 5% | 5% | 8% |
| $50,000 | $300 | 8% | 5% | 5% | 8% |
| $100,000 | $500 | 8% | 5% | 5% | 8% |
| $200,000 | $950 | 8% | 5% | 5% | 8% |
| $300,000 | $1399 | 8% | 5% | 5% | 8% |
2-Step Max Challenge
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $70 | 10% | 5% | 5% | 10% |
| $10,000 | $135 | 10% | 5% | 5% | 10% |
| $25,000 | $250 | 10% | 5% | 5% | 10% |
| $50,000 | $375 | 10% | 5% | 5% | 10% |
| $100,000 | $575 | 10% | 5% | 5% | 10% |
| $200,000 | $1100 | 10% | 5% | 5% | 10% |
3-Step Challenge
3 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $50 | 6% | 6% | 4% | 8% |
| $25,000 | $100 | 6% | 6% | 4% | 8% |
| $50,000 | $200 | 6% | 6% | 4% | 8% |
| $100,000 | $300 | 6% | 6% | 4% | 8% |
| $200,000 | $500 | 6% | 6% | 4% | 8% |
| $300,000 | $950 | 6% | 6% | 4% | 8% |
Pros & Cons
Pros
- No maximum trading day limits on any challenge
- Competitive pricing with accounts starting at $50
- Profit split up to 92.75% with scaling
- Multiple challenge formats to suit different trading styles
- No consistency rules or lot size restrictions
Cons
- Firm has ceased prop trading operations as of February 2026
- Rebranded to SeacrestFunded then shut down prop trading entirely
- Trustpilot rating suspended due to fake review violations
- No longer accepts US-based traders
- Non-refundable fees on some account types
Trading Rules
About MyFundedFX
MyFundedFX was a proprietary trading firm founded in June 2022, headquartered in Dallas, Texas. The firm offered forex evaluation services with funded trading accounts, providing traders with capital ranging from $5,000 to $300,000 with the potential to scale up to $1.5 million. MyFundedFX distinguished itself in the competitive prop firm space by offering no time limits on challenges, no consistency rules, and a straightforward evaluation process.
The firm operated under a traditional evaluation model where traders completed one-step, two-step, or three-step challenges to prove their trading abilities before receiving a funded account. At its peak, MyFundedFX was considered one of the more popular US-based prop firms, attracting thousands of traders with its competitive pricing and flexible trading rules.
However, MyFundedFX underwent significant changes beginning in early 2025. The firm rebranded as SeacrestFunded and became part of South African licensed FX broker Seacrest Markets. As part of this transition, the firm stopped accepting US-based traders. In February 2026, Seacrest Markets announced it was ending all prop trading operations entirely, closing all active prop trading accounts and open positions as of February 6, 2026. Affected traders were given until February 28, 2026 to request refunds for unbreached challenge accounts or final payouts for funded accounts. Seacrest Markets has since shifted its focus entirely to CFD brokerage operations.
The firm's Trustpilot profile, listed under Seacrest Markets, accumulated 2,872 reviews but its rating was suspended by Trustpilot due to guideline violations involving fake reviews. The review breakdown showed 80% five-star reviews but also 14% one-star reviews, suggesting polarized trader experiences.
How MyFundedFX Worked
MyFundedFX operated a multi-phase evaluation model. Traders would purchase a challenge account, complete the required profit targets while staying within drawdown limits, and upon passing receive a funded account with an 80% profit split that could scale up to 92.75%.
- Choose a Challenge: Select from 1-Step, 2-Step Normal, 2-Step Max, or 3-Step challenges across various account sizes.
- Complete the Evaluation: Meet the profit target (ranging from 6% to 10% depending on challenge type) while respecting daily loss and maximum drawdown limits.
- Minimum Trading Days: Achieve at least 3 profitable trading days with a minimum profit of 0.5% each day.
- Get Funded: Upon passing, receive a funded account with the same balance as the challenge account.
- Earn Profits: Trade the funded account and receive 80% of profits, scaling up to 92.75% over time.
- Withdraw: Request payouts every 14 days.
Pricing & Plans
MyFundedFX offered competitive pricing across its challenge types:
1-Step and 2-Step Normal Challenge (identical pricing):
- $5,000 account: $50
- $10,000 account: $100
- $25,000 account: $200
- $50,000 account: $300
- $100,000 account: $500
- $200,000 account: $950
- $300,000 account: $1,399
2-Step Max Challenge (Pro pricing):
- $5,000 account: $70
- $10,000 account: $135
- $25,000 account: $250
- $50,000 account: $375
- $100,000 account: $575
- $200,000 account: $1,100
- $300,000 account: $1,600
3-Step Challenge: Pricing was comparable to the standard challenge tiers.
Rules & Restrictions
- Daily Loss Limit: 4-5% depending on challenge type
- Maximum Drawdown: 6-10% depending on challenge type
- Minimum Profitable Days: 3 days with at least 0.5% profit each
- Maximum Trading Days: No limit on any challenge
- News Trading: Allowed
- Weekend Holding: Allowed
- EAs/Bots: Allowed
- Scalping: Allowed
- Hedging: Allowed
- Copy Trading: Not permitted
- Leverage: Forex 1:70, Indices 1:20, Metals 1:20, Oil 1:10, Crypto 1:2
- Platforms: DXtrade, cTrader, MatchTrader
- Commissions: $6-7 per lot depending on broker (forex/metals); commission-free on indices and crypto
Payouts
MyFundedFX processed payouts every 14 days. The profit split started at 80% and could increase up to 92.75% through the firm's scaling program. Payout methods included cryptocurrency and bank transfer. The maximum funded capital a trader could manage was $600,000 across combined accounts.
Is MyFundedFX Legit?
MyFundedFX was a legitimate prop trading firm that operated from June 2022 until February 2026. The firm did pay out traders during its operational period, as verified by multiple third-party review sites and payout proofs shared by traders. However, its Trustpilot rating was suspended due to the removal of fake reviews, which raised transparency concerns.
The firm's closure and multiple rebrands (first to SeacrestFunded, then the complete shutdown of prop trading operations) left many traders frustrated, particularly those who had active challenges or funded accounts at the time of closure. While the firm offered refund and final payout processes, the abrupt nature of the shutdown damaged its reputation.
MyFundedFX is no longer operational as a prop firm. Traders seeking similar services should look at currently active alternatives.
FAQ
What is MyFundedFX?
MyFundedFX was a US-based proprietary trading firm founded in 2022 that offered forex evaluation challenges with funded accounts up to $300,000. The firm ceased all prop trading operations in February 2026 after rebranding as SeacrestFunded and ultimately shutting down.
How much does MyFundedFX cost?
MyFundedFX offered challenge accounts starting at $50 for a $5,000 account and going up to $1,600 for a $300,000 Pro account. The firm is no longer operational.
What is MyFundedFX's profit split?
MyFundedFX offered an 80% base profit split that could scale up to 92.75% through their scaling program.
Does MyFundedFX allow EAs/bots?
When operational, MyFundedFX allowed the use of Expert Advisors and automated trading bots on all challenge types.
Is MyFundedFX available in the US?
No. MyFundedFX originally served US traders but stopped accepting US clients when it rebranded as SeacrestFunded in early 2025. The firm has since completely shut down its prop trading operations as of February 2026.