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MyForexFunds replied Aug 28, 2023Hello Boulder, It shouldn't be an issue as long as your IP do not match with other traders. Wishing you a good trip. Sincerely, Yavuz Karadeniz Director - Customer Care url
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Aug 10, 2023Hello EuTrader2888 and forexhack, Thank you for contacting with us and bringing this concern up here for discussion. We have banned a group of people from Vietnam who were trying to bypass our KYC verification process, copy trading and an account ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jul 31, 2023Hello Rio, We only have consistancy rule in our Rapid CEA (Consistency Enabled Account). I am dropping a link below for you to read the program rules with examples. You may also check FAQs from our website. If you still have further questions ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jul 6, 2023Hello fellow Traders, We wanted to share a blog post we recently wrote titled "The Benefits of Trading with a Prop Trading Firm." Trading can be quite challenging and competitive, but we believe that partnering with a prop trading firm can ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jul 4, 2023Hello impltv, The consistancy rule only applies to CEA (consistency enabled account) Rapid model. We do not have consistency rule in our evaluation model. Edit: typo Sincerely, Yavuz Karadeniz Director - Customer Care url
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jul 2, 2023Hello nagstn, You can always contact with our website live chat to get help on your purchase. Our agents will happily guide you through the rules and checkout process. Sincerely, Yavuz Karadeniz Director - Customer Care url
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jun 15, 2023Hello, I am not sure if there was a typo but if you are wondering if you can use Ctrader with MyForexFunds, we are in the process of updating our dashboard. You will be able to use the Ctrader with our new dashboard when it is completed. After the ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jun 13, 2023Hello, As long as your IP doesn’t match with anyone else, you have nothing to worry about. We also check the IP during your KYC verification to see if people are using different ID’s to get an account. IE, if you are living in country A and your IP ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jun 8, 2023Hello vb98, As I said, drawdown limit is 5% of starting equity/balance for that day. It resets everyday. The losses don’t compound. Example: if you lost 3% in your first day, you will have another 5% of your starting balance/equity as your new ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jun 8, 2023Hello vs98, Of course I will gladly explain your questions. Our drawdown rule is 5% of your starting balance/equity of that day. If we are talking about booking $700 in a day, until that day ends your daily drawdown limit will be $19000. If you book ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Jun 6, 2023Hello sly497, Thank you for bringing this up. We will be updating our website to provide our customers a demo, read-only account to check our spreads very soon. Everyone will be able to login at any given time to check spreads. 0.5 points spread on ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied May 2, 2023Hello Nsak3y, Thank you for contacting with us. Below you may find our FAQ related to inactivity breach. Let me clear it out here. ''Your Funded Evaluation Account will start on the day you place your first trade. However, If you wish to start later ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Apr 18, 2023Hello ADiTheMan, Thank you for sharing your experience and arising this issue with us. I am very happy to see that the issue is resolved for you. Congratulations on the live account and wishing you best of luck for future trades! Awesome work there. ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Apr 9, 2023Hello cuchuflito, I have checked and couldn’t find any email from the email address you provided to us in DM. However, I will send you an email to see where you have contacted eith us and didn’t get an answer before. The scale ups are calculated ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Apr 9, 2023Hello cuchuflito, Thank you for contacting us. Your privacy settings do not allow me to send you a DM. Would you mind sharing the email address you comtacted with us or your ticket number so I can check why you didn’t get an answer from us and ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Apr 1, 2023Hello Ak386, Unfortunately, we do not provide demo trial accounts. We are planning to have them with our new dashboard. It is in the to-do list. However, you can always contact with our live chat and ask our agents about the spreads at any given ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Mar 27, 2023Hello Everyone, I think I have to clear what I wrote before to avoid the misunderstanding. The question was to have the same IP with a random person. The IP can be similar if the devices are in the same household-connected to the same router. Which ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Mar 22, 2023Hello readme, The proof I mentioned was the one which shows that 2 different individuals are related in a way to have the same IP. Regarding to the changing IP's you mentioned, they will be unique for an individual. No one will have the same IP just ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Mar 22, 2023Hello Nsak3y, Thank you for your suggestion. We are planning to have competitions on regular basis in the future. However, we are more focused on the tools, conditions and processes we have to provide a better service to our traders. As it was ...
My Forex Funds - Discussion/Q&A
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MyForexFunds replied Mar 18, 2023Hello again Razvan, Neither we nor metatrader is a crypto trading platform. We are a prop firm that offers crypto trading to those who would like to day trade them with the conditions we offer. Choosing to trade them or not is something up to you. ...
My Forex Funds - Discussion/Q&A