Pros
- Access to firm-provided trading capital
- Comprehensive trader support programs
- Flexible trading conditions
- Opportunity to trade without risking personal funds
- Potential for high earnings with successful trading
Cons
- Challenging profit benchmarks
- Rigid risk management policies
- Upfront evaluation fees
- Limited trading instruments
- Less advantageous profit-sharing agreements
My Forex Funds: Company Overview
My Forex Funds is a proprietary trading firm that provides capital to traders in exchange for a share of the profits. Specializing in forex markets, the company allows traders to operate with firm-provided capital without requiring personal deposits.
My Forex Funds has gained attention for its unique trading conditions and supportive programs for traders. However, it has also faced controversies and regulatory issues, most notably an investigation by the CFTC, which has impacted its operations.
🙁 Next Prop Trading Firm out of business, read more: https://propranking.com/my-forex-funds-under-scrutiny-cftc-commissioner-exposes-staff-misconduct/