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What Sets My Funded Capital Apart from Other Prop Trading Firms?
While many proprietary trading firms offer funded accounts, My Funded Capital distinguishes itself through its flexible challenge structure, high profit shares, and a transparent, trader-focused approach. The lack of strict timelines and competitive spreads make it ideal for traders who prioritize flexibility and want to grow steadily.
Modern Prop Trading Benefits
Prop trading with My Funded Capital allows traders to access greater capital while minimizing personal risk. With profit shares starting at 80% and scaling to 90%, traders can reap substantial rewards without risking their funds. Additionally, their broker partnership offers access to advanced trading platforms and tight spreads.
Creating the Best Environment for Traders
My Funded Capital provides a supportive trading environment where traders can leverage multiple communication channels, including live chat, email, and phone support. These accessible resources, combined with clear trading rules, foster a secure and growth-oriented atmosphere.
Why Traders Love Us
Traders appreciate My Funded Capital’s transparency, competitive profit-sharing, and well-designed challenges that genuinely prepare them for live market conditions. The firm’s focus on fair trading rules, such as equity-based drawdowns and daily loss limits, reflects a commitment to responsible trading.
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Account Funding Options
Options for Funded Accounts with My Funded Capital
My Funded Capital offers two primary funded account challenge options—the One-Phase and Two-Phase challenges. Each challenge assesses trading discipline, risk management, and profit consistency, making it suitable for different experience levels and trading styles.
One-Phase Challenge
The One-Phase Challenge provides a direct path to funding, requiring traders to meet a 10% profit target within a single phase. Although fast, this option requires strict adherence to the firm’s rules on daily drawdowns and maximum loss limits.
Details and Requirements
The One-Phase Challenge offers account sizes ranging from $5,000 to $100,000. With a profit target of 10% and a 5% daily drawdown limit, this challenge is well-suited for disciplined traders seeking quicker access to funding.
Two-Phase Challenge
The Two-Phase Challenge requires traders to meet profit targets across two distinct phases, making it more rigorous but offering the same reward. This challenge is ideal for traders who prefer gradual assessment and added risk management tests.
Details and Requirements
The Two-Phase Challenge starts with a 10% profit target for Phase 1, reducing to 5% for Phase 2. Each phase includes a maximum 5% daily loss limit, allowing traders to prove their consistency across multiple stages.
Scaling Plans and Max Allocations
My Funded Capital’s scaling plan allows successful traders to grow their accounts based on consistent profitability, with a maximum allocation currently capped at $100,000. This scaling option supports the continued growth of skilled traders within the firm.
Withdrawal and Payout Methods
Funded traders with My Funded Capital can withdraw earnings via bank transfers, PayPal, or cryptocurrency. Payouts are processed promptly, typically within five business days, after meeting minimum trading requirements.
Available Withdrawal Methods
The firm supports various withdrawal methods to accommodate traders globally, including traditional bank transfers, PayPal, and popular cryptocurrencies.
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Trading Information
What Trading Instruments Are Offered by My Funded Capital?
My Funded Capital supports a range of trading instruments, allowing traders to diversify and maximize opportunities in different markets. Available instruments include forex, cryptocurrencies, indices, commodities, and precious metals.
Types of Trading Instruments
Traders with My Funded Capital have access to major currency pairs, prominent cryptocurrencies, global indices, commodities like oil and gold, and various CFDs, enabling a robust trading experience.
Brokers and Platforms
My Funded Capital partners with Gooeytrade, offering access to DXTrade and MatchTrader trading platforms. These platforms provide reliable execution, advanced analytics, and customizable features suited for both new and experienced traders.
Trading Platforms Supported
DXTrade and MatchTrader are known for their real-time analytics, user-friendly interfaces, and powerful trading tools, empowering traders to make informed decisions in volatile markets.
Broker Information
Gooeytrade, the broker for My Funded Capital, is recognized for its competitive spreads, enabling traders to reduce trading costs and maximize profitability.
Leverage Options Available
My Funded Capital provides a leverage of 1:30, allowing traders to magnify their positions without exposing themselves to unmanageable risk.
Rules and Restrictions for Trading
To ensure a fair environment, My Funded Capital enforces rules on daily drawdowns and trading strategies. The firm disallows arbitrage, high-frequency trading (HFT), and any activity exploiting platform latency.
My Funded Capital Support and Help
Contact My Funded Capital
Email: support@myfundedcapital.com
Telephone: +971 58 528 9939
Social Media Profiles
Conclusion
Final Thoughts on My Funded Capital
My Funded Capital provides a robust environment for traders to prove their skills and earn a reliable income. By combining flexible challenges, high-profit sharing, and transparent practices, it has become a reputable choice in prop trading.
Summary of Key Features
With a range of account sizes, flexible profit sharing, and accessible support, My Funded Capital presents a balanced choice for traders seeking both growth and stability.
Is My Funded Capital Right for You?
Whether you’re a beginner or an experienced trader, My Funded Capital’s diverse options make it suitable for those serious about advancing in prop trading with consistent support and transparency.