The Trading MentorThe Trading Mentor

MyForexFunds Review — Prop Firm Trading with Pulsar Terminal

2/5
By Pulsar Research Team··
Protect your MyForexFunds account with Pulsar Terminal

Challenge RulesMyForexFunds

Profit Split80/20
Max Daily Loss5%
Max Total Loss12%
Phase 1 Target8%
Phase 2 Target5%
Min Trading Days5
Max Trading Daysunlimited
News Trading✅ Allowed
Weekend Holding✅ Allowed
EA / Bots Allowed✅ Yes
InstrumentsForex, Indices, Commodities, Crypto
MT5 Compatible✅ Yes

Challenge Prices

$5000 Account
$49
$10000 Account
$84
$20000 Account
$129
$50000 Account
$299
$100000 Account
$499

Pros

  • Was one of the cheapest challenge options available
  • Offered rapid evaluation and instant funding models
  • Had a very large trader community
  • Generous 12% max total loss limit

Cons

  • Shut down by regulators in September 2023
  • Traders lost access to funded accounts and pending payouts
  • Allegations of manipulating trader conditions

Trading Tools

Calculate your position size for MyForexFunds

Position Size Calculator

Calculate optimal lot size based on your risk management

Risk LevelMedium Risk
Recommended Position Size
0.40 lots
Risk $200.00
Per pip $4.00
Risk: $200184£158

Based on standard forex lot ($10/pip). Adjust for different instruments. Always verify with your broker.

Risk Disclaimer

Trading financial instruments carries significant risk and may not be suitable for all investors. Past performance does not guarantee future results. This content is for educational purposes only and should not be considered investment advice. Always conduct your own research before trading.

Pulsar Terminal — Advanced MT5 Trading Panel

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Pulsar Terminal protects your prop firm account with built-in risk management tools — daily loss limits, auto-close, and position sizing.

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