MyFundedFX Review - Is the Platform Legit and Reliable? Is It Login Safe? - WikiFX

WikiFX | 2025-04-25 18:38

Abstract：MyFundedFX (SeacrestFunded) offers simulated funds and trading freedom globally, but there are risks and regulatory issues.

MyFundedFXReview Summary
Founded	2022-05-23
Registered Country/Region	United States
Regulation	Unregulated
Market Instruments (175+)	Forex/Commodities/Indices/Cryptocurrencies
Demo Account	✅
Leverage	Up to 1:30
Trading Platform	DXTrade/MatchTrade/cTrader(Web/Android/iOS)
Minimum payout amount	$50
Customer Support	Twitter/Discord/Instagram/Youtube
Customer Support	Live chat

MyFundedFX Information

MyFundedFX is a broker registered in the United States. The tradable instruments with a maximum leverage of 1:30 include forex, commodities, indices, and cryptocurrencies. The broker also provides a demo and four simulated accounts, whose minimum profitable day is up to 3 days. The affiliate program offers up to 8% commissions. MyFundedFX is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:30	Unregulated
Demo account available/Simulated fund support	Obvious geographical restrictions
Various tradable instruments	Strict requirements for simulated profit targets

Is MyFundedFX Legit?

MyFundedFX is not regulated, making it less safe than regulated brokers.

What Can I Trade on MyFundedFX?

MyFundedFX offers a wide range of market instruments, including forex, commodities, indices, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Cryptocurrencies	✔

Account Type

MyFundedFX has demo and simulated account types: 1-step, 2-step, 2-step-max, and 3-step. The demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	1-step	2-step	2-step-max	3-step
Sim Gain Target	10%	Step 1 8%	Step 1 10%	6%
Minimum Profitable Days	3 Days	3 Days	3 Days	1 Day
Daily Sim Loss	4%	5%	Step 1 5%/Step 2 4%	4%
Overall Sim Loss	6%	8%	Step 1 10%/Step 2 8%	8%
Trading Period	Unlimited	Unlimited	-	Unlimited
Sim Trading Leverage	1:30	1:30	1:30	1:30

Trading Platform

MyFundedFX provides the DXTrade, MatchTrade, and cTrader trading platforms available on the Web, Android, and iOS to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading Platform	Supported	Available Devices
DXTrade	✔	Web/Android/iOS
MatchTrade	✔	Web/Android/iOS
cTrader	✔	Web/Android/iOS

Deposit and Withdrawal

MyFundedFX accepts payments via credit card and cryptocurrency for deposits and withdrawals. After making a profit, traders can apply for a withdrawal once every 5 to 14 days, with a minimum withdrawal amount of $50.

Leverage Broker Dealer

Related broker

No Regulation

MyFundedFX

Company name：MyFundedFX

Score

1.38

Website：https://myfundedfx.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.38

FIBO Group Under the Lens: Disappearing Deposits & Withdrawal Problems Explained

FIBO Group has grabbed attention from traders for mostly the wrong reasons, as traders have accused the broker of causing financial losses using malicious tactics. Whether it is about withdrawal access, deposit disappearance, trade manipulation, or awful customer support service, the broker is receiving flak from traders on all aspects online. Our team accumulated a list of complaints against the FIBO Group broker. Let’s screen these with us in this FIBO Group review article.

Original 2026-01-09 21:13

GMO-Z.com Review: Do Traders Face Unfair Tax Payment on Withdrawals?

Do you have to pay taxes or margin when seeking fund withdrawals from GMO-Z.com, a Thailand-based forex broker? Do you witness heavy slippage when trading on the broker’s platform? These are some complaints traders have made against the broker. In this GMO-Z.com review article, we have explained these complaints. Take a look!

Original 2026-01-09 19:18