MyFundedFX Alternatives - Better Prop Firms for 2024
Find out the major disadvantages of MyFundedFX Proprietary Trading Firms and alternatives with lower fees and more security. Unbiased MyFundedFX Alternatives reviews.
So which Proprietary Trading Firms are better than MyFundedFX? Want to jump straight to the answer? FunderPro is the best alternative prop firm to MyFundedFX for September 2024 .

Rating breakdown

Challenge Assessment
60%
3.0/5
Support
60%
3.0/5
Trading Fees
60%
3.0/5
Payout Scheme
80%
4.0/5

Things we didn't like:

 Limited Payment Options Available
 Minimum Account Size of $5,000
 Simulated Trading May Not Suit All Traders

Why would you want an alternative to MYFUNDEDFX?

You might want an alternative to MyFundedFX because of certain limitations that could affect your trading experience. For instance, if you prefer a wider range of payment options or if the minimum account size of $5,000 is too high for your budget, you might find these requirements restrictive. Additionally, if you're looking for real-market trading conditions rather than a simulated environment, you may want to explore other proprietary trading firms that offer live trading opportunities, as simulated trading might not suit all traders.

What other users do not like about MyFundedFX

MyFundedFX TrustPilot Customer Reviews, Feedback and Complaints

On Trustpilot, MyFundedFX has currently 1.7k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.20/5.00.

Main Complains according to the Users' Reviews
  • They are not respect your stop lose
  • manipulating entries and changing rules

What to look for in a MYFUNDEDFX Alternative?

When searching for a MyFundedFX alternative, consider the following factors:

  • Flexible Payment Options: Look for a platform that offers a wider range of payment methods to ensure greater convenience in funding and withdrawing your account.
  • Lower Minimum Account Size: If you have a smaller budget, seek a platform with a lower minimum account size requirement, allowing you to start trading with less capital.
  • Real-Market Trading Conditions: If simulated trading doesn't meet your needs, find a platform that offers live trading opportunities with real market conditions, providing a more authentic trading experience.

Best MYFUNDEDFX alternatives – Proprietary Trading Firms like (or better than) MYFUNDEDFX

Best MyFundedFX Alternatives

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
100%
5.0/5
Trading Fees
100%
5.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (20% Off Exclusive Offer)
 Minimal rules & unlimited time for completion
 Two-part assessment leading to $200,000 in funding
 Scaling plan & fast-track funding opt

Things we didn't like:

 A Relatively New player in the funded account offering

#1
FunderPro Overview

Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.

Rating breakdown

Challenge Assessment
80%
4.0/5
Support
80%
4.0/5
Trading Fees
80%
4.0/5
Payout Scheme
80%
4.0/5

Things we liked:

  Instant payouts with no minimum trading days.
 Own trading platform with a modern interface
 Competitive assessment costs

Things we didn't like:

 No high-risk instruments or cryptocurrencies to trade.
 Non-refundable assessment fee.

#2
SabioTrade Overview

SabioTrade burst into the industry with a number of unique features, thanks to which it immediately received positive feedback and is now actively expanding its base of traders. SabioTrade has a low barrier to entry due to cheap plans, a free 7-day Trial account, a 1-step assessment and a lot of free training materials. There is no time limit for assessment, and payments can be requested as soon as you make your first profit, with no minimum trading days or withdrawal amount restrictions.

3.9 / 5

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
70%
3.5/5
Trading Fees
70%
3.5/5
Payout Scheme
80%
4.0/5

Things we liked:

 FTMO charges a one-time fee only
 FTMO has generous conditions for its traders

Things we didn't like:

 Complaints about the platform freezing
 Complaints about lack of customer support

#3
FTMO Overview

FTMO is the latest in a burgeoning series of scouting programs. Propriety trading firms or “prop firms” put traders to the test (for a fee) through evaluations and challenges. The lucky few who pass are then funded with capital, and successful trades are split down a percentage with the broker. As scouting firms go, FTMO is an excellent all-rounder. Alongside a decent 80% payout for successful traders, FTMO equips users with webinars, workshops, and coaching.

MyFundedFX Alternatives Frequently Asked Questions (FAQs):

Are there any sites like MyFundedFX?
Yes, there are many sites offering similar services to MyFundedFX. These include FunderPro, UltraCap Trading, OspreyFX and many more. If you are looking for an alternative to MyFundedFX,  FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Who are MyFundedFX Top Competitors?
MyFundedFX 's top competitors in September 2024 are: FunderPro, SabioTrade, FTMO and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

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