Broker Details
My Forex Funds is an online trading broker all the way from China. This broker is helping their clients to make money by trading.
My Forex Funds has three types of trading program which comes with different facilities and offers. Rapid, Evaluation and Accelerated are these programs are titled with. These three trading programs have different goals.
With the Rapid program, clients can see how a prop firm works. This has a low entry cost. Clients will get paid 12% of the profits that they earn in their accounts. There are four types of plans in the Rapid Account program. Each plan has different charges and a daily starting breakdown. The overall breakdown is also different in different plans. But, the leverage is the same at 1:500 on all plans under the Rapid account program.
Clients can prove their trading experience with Evaluation Program. This program has two different phases of profit. One is the evaluation phase, and another one is the establishment phase. This program comes with a minimum of 5 days of trading per week. The available leverage on this program is 1:100 on all plans. There are five different plans for this account. Each plan has a different level of the target. This program doesn’t need any monthly fees.
The Accelerated account program has two different sections. This program has five different plans and this. This one needs only one-time registration fees which are different for different plans. There is no daily drawdown limit on this plan and the overall drawdown is 10% of the starting account balance.
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