FundedFirm vs My Forex Funds: Which is Better for Forex Traders in 2025?

Introduction

In the evolving world of forex trading, proprietary trading firms (or prop firms) have become game-changers for ambitious traders. Among the most talked-about names in the industry are FundedFirm and My Forex Funds. Both provide opportunities for traders to access capital and trade without risking personal funds, but they operate differently. This article dives deep into their comparison — from funding models to payout systems — to help you decide which platform truly fits your trading goals in 2025.

What Is a Prop Firm?

A prop firm, short for proprietary trading firm, provides traders with access to company capital. Instead of using personal funds, traders pass an evaluation challenge to prove their skills. Once approved, they trade the firm’s funds and earn a profit split based on performance. This model allows talented traders to scale up quickly without the stress of financial risk.

Overview of FundedFirm

FundedFirm is a rapidly growing prop firm known for its transparent model, fair rules, and simple 1-step challenge system. The platform allows traders to prove their skills in one evaluation stage, making it easier and faster to access funded accounts. Traders appreciate its quick payouts, high-profit splits (up to 90%), and flexible trading conditions. FundedFirm has positioned itself as a modern, trader-first prop firm built for serious and consistent performers.

Overview of My Forex Funds

My Forex Funds (MFF) was one of the most popular prop firms in the world before it faced regulatory challenges. It offered multiple trading programs — Rapid, Evaluation, and Accelerated — catering to beginners and professionals alike. Known for low entry costs and flexible trading options, MFF gained a large trader community but later encountered trust issues following its shutdown. Still, its structure serves as a benchmark for comparing new prop firms.

FundedFirm vs My Forex Funds: Key Differences

From this comparison, it’s clear that FundedFirm offers a simpler and more streamlined experience, especially for traders seeking fast funding and higher flexibility.

Account Types and Trading Programs

FundedFirm uses a 1-Step Challenge model, where traders prove consistency in one phase only. This saves time and reduces stress compared to traditional two-step programs.

My Forex Funds, on the other hand, offered multiple programs like:

• Evaluation Program – A two-step process for risk-managed traders.
  
  

• Rapid Program – For beginners with smaller capital.
  
  

• Accelerated Program – For immediate funding with fixed drawdowns.
  
  

However, since MFF is no longer active, FundedFirm stands out as the better choice in 2025 for traders seeking funding.

Profit Split Comparison

Profit sharing is a major factor in choosing a prop firm.

• FundedFirm: Offers up to 90% profit share, one of the best in the market.
  
  

• My Forex Funds: Capped at 85%, though still competitive.
  
  

With FundedFirm’s flexible payout structure and faster withdrawals, traders can enjoy more liquidity and confidence while scaling.

Trading Conditions

Both firms support MT4 and MT5 platforms, but FundedFirm stands out for:

• Low spreads
  
  

• High leverage (1:100)
  
  

• Fast order execution
  
  

They also allow all trading styles, including EA trading, news trading, and scalping, giving traders complete freedom.

Scaling Plans

FundedFirm rewards consistency with its scaling program. Traders can grow their funded accounts up to $2 million, making it perfect for long-term professionals.
My Forex Funds had limited scaling options and less aggressive growth models.

Payout System & Withdrawal Speed

FundedFirm ensures quick and transparent payouts, often processed within 24–48 hours after approval. Payments can be received weekly or biweekly, depending on trader preference.
My Forex Funds typically had monthly payouts, which were slower and less flexible.

Rules and Restrictions

FundedFirm maintains fair rules:

• 5% daily drawdown limit
  
  

• 10% max drawdown
  
  

• No hidden consistency or lot-size restrictions
  
  

In contrast, MFF had multiple rules that confused beginners, especially around news trading and daily loss limits.

Support and Community

FundedFirm’s customer support is highly responsive through live chat and email. It also offers trading education resources, Discord community support, and personalized help for traders.
MFF had a large community, but after its closure, support channels were discontinued.

Pricing and Value for Money

FundedFirm’s challenge fees are affordable and refundable upon first payout, making it a cost-effective investment. Traders view it as high value for performance-based growth.
My Forex Funds also had low fees, but reliability became an issue after its regulatory halt.

Trust and Reliability

Trust is everything in prop trading. FundedFirm operates with transparency, open communication, and consistent payouts — all crucial for a trustworthy prop firm.
My Forex Funds, though once reputable, lost credibility after its closure and regulatory issues in 2023.

Final Verdict: FundedFirm vs My Forex Funds

In 2025, FundedFirm clearly emerges as the stronger choice. It offers an active platform, straightforward evaluation, high payouts, and strong trader support.
If you’re a serious trader looking to scale with confidence, FundedFirm is the best alternative to My Forex Funds — combining simplicity, speed, and sustainability.

Conclusion

Both FundedFirm and My Forex Funds have shaped the prop trading industry in unique ways. However, with My Forex Funds no longer operational, FundedFirm leads the way in 2025 as a trusted and transparent funding partner. Its 1-step evaluation, quick payouts, and high-profit splits make it ideal for traders who want to focus on trading — not rules or red tape.

FAQs

1. Is My Forex Funds still active in 2025?
No, My Forex Funds is no longer active after its 2023 closure due to regulatory issues.

2. Does FundedFirm offer instant funding?
FundedFirm provides a 1-step challenge for fast evaluation, allowing traders to get funded quickly.

3. What’s the profit split on FundedFirm?
Traders can earn up to 90% profit share, among the highest in the industry.

4. Can I use Expert Advisors (EAs) with FundedFirm?
Yes, FundedFirm allows EAs, scalping, and news trading strategies.

5. Why should I choose FundedFirm over other prop firms?
Because it offers transparency, quick payouts, a simple challenge, and strong trader support — everything a professional needs to succeed.