MyFundedFX Launched New 1-Step & 2-Step Max Plans

MyFundedFX's new 1-step & 2-step MAX plans for enhanced trading opportunities with structured risk management.

By GI Team

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MyFundedFX, a leading trading platform, has recently introduced its latest offerings: the 1-step MAX and 2-step MAX plans. These plans are crafted to provide traders with amplified opportunities while upholding stringent risk management protocols.

MyFundedFX The 1-Step MAX Plan

Under the 1-step MAX plan, traders embark on a journey aimed at achieving an 8% profit target during Phase 1, with no predefined profit target for the funded phase. Phase 1 imposes a daily drawdown limit of 2%, a restriction that extends to the funded phase as well. Additionally, both Phase 1 and the funded stage enforce a maximum daily drawdown of 8%. Noteworthy is the prohibition of news trading in both phases, underscoring a disciplined trading approach.

The 2-Step MAX Plan

In contrast, the 2-step MAX plan introduces a nuanced strategy. Phase 1 sets a profit target of 10%, succeeded by a 5% profit target in Phase 2, with no explicit profit target designated for the funded stage. Daily drawdown thresholds are delineated at 5% for Phase 1, 4% for Phase 2, and the funded phase alike. Consistently, a maximum daily drawdown threshold persists across all stages, capped at 10% for Phase 1 and 8% for both Phase 2 and the funded phase.

Implications and Opportunities

These innovative MAX plans furnish traders with a well-defined roadmap towards success, equipped with transparent profit targets and risk management parameters. By emphasizing consistency and adherence to trading discipline, MyFundedFX endeavors to empower traders in realizing their trading objectives while prudently mitigating avoidable risks. Enthusiastic traders keen on exploring these fresh opportunities are encouraged to leverage the MAX plans, fostering confidence in their trading endeavors.

About MyFundedFX

MyFundedFX offers several noteworthy features for traders. With maximum drawdown scaling up to 14% (12% with One-step Challenge), traders have flexibility in managing risk. The first payout occurs after 14 days, followed by bi-weekly payouts, fostering a steady income stream. Traders benefit from a profit share ranging from 80% up to 92.75%, providing substantial rewards for successful trading. Additionally, the platform allows overnight and weekend holding, enabling traders to capitalize on extended market opportunities. Furthermore, balance-based drawdown ensures prudent risk management tailored to individual account balances.

Explore our in-depth review of MyFundedFX for details. Sign up and get 5% off with code SHINY5. Stay updated with prop firm news and forex updates!