Head-to-Head Comparison

For Traders vs MyFundedFX

An honest, data-driven comparison to help you pick the right prop firm. We compare drawdown rules, challenge costs, profit splits, trading conditions, and more — no bias, just facts.

For Traders

4.1

Accessible and beginner-friendly firm supporting forex, crypto, and futures with fast 48-hour guaranteed payouts.

Visit For Traders

MyFundedFX

4.4

Popular forex prop firm offering multiple challenge formats with competitive profit splits up to 92.75%. Flexible evaluation with unlimited trading periods.

Visit MyFundedFX

Side-by-Side Comparison: For Traders vs MyFundedFX

Metric

For Traders

MyFundedFX

Max Drawdown

10%

Daily Drawdown

Profit Target

Profit Split

70/30 → 90/10

80/20 → 92.75%

Challenge Cost

$9.99 - $499

$49 - $1,499

Trading Period

Unlimited

Min Trading Days

Leverage

1:100

Instruments

Forex, Crypto, Futures

Forex, Indices, Commodities, Crypto

Account Sizes

$3K, $6K, $10K, $25K, $50K, $100K

$5K, $10K, $25K, $50K, $100K, $200K, $300K

Scaling

Progressive scaling with milestones

Scale up to $600K with consistent performance

News Trading

Allowed

Weekend Holding

Allowed

EA / Bots

Allowed

Rating

4.1/5

4.4/5

The Verdict: For Traders vs MyFundedFX

The best choice depends on your trading style, risk tolerance, and goals. Here's our breakdown by trader profile:

Best for Beginners

For Traders

For Traders offers more forgiving drawdown rules, making it easier for newer traders to get started.

Best for Aggressive Traders

For Traders

For Traders provides 10% max drawdown allowance, giving aggressive trading styles more breathing room.

Best for Long-term Scaling

MyFundedFX

MyFundedFX offers better scaling potential: Scale up to $600K with consistent performance.

Best for Overall Value

MyFundedFX

MyFundedFX earns 4.4/5 in our analysis, with a strong balance of rules, cost, and trader experience.

For Traders Pros & Cons

Very affordable entry from $9.99

48-hour guaranteed payouts

Multiple asset classes

Beginner-friendly

No time limits on evaluation

Lower starting profit split (70%)

Some platforms exclude US traders

Less established brand

Limited educational content

Some programs have restrictions

MyFundedFX Pros & Cons

Multiple challenge formats (1-step, 2-step, 3-step)

Profit split up to 92.75%

Unlimited trading period

Starting accounts up to $300K

Low minimum trading days

Newer firm compared to industry leaders

Some plans have tighter drawdowns

Rules vary significantly between plans

Customer support response times vary

Scaling limited to $600K

Frequently Asked Questions

Which is better, For Traders or MyFundedFX?

It depends on your trading style. For Traders offers 10% max drawdown and a 70/30 → 90/10 profit split, while MyFundedFX offers 8% max drawdown and a 80/20 → 92.75% split. MyFundedFX has a higher overall rating at 4.4/5.

What is the cheapest option between For Traders and MyFundedFX?

For Traders challenges start at $9.99 - $499, while MyFundedFX starts at $49 - $1,499. Compare account sizes and what's included before choosing based on price alone.

Can I use EAs or trading bots with For Traders and MyFundedFX?

For Traders allows EAs/bots. MyFundedFX allows them. Always verify the latest rules on each firm's website.

What are the drawdown rules for For Traders vs MyFundedFX?

For Traders has a 10% max drawdown and 5% daily drawdown. MyFundedFX has a 8% max drawdown and 5% daily drawdown. Use our free Drawdown Calculator to find your safe lot size for either firm.

How long do I have to pass the For Traders vs MyFundedFX challenge?

For Traders gives you Unlimited. MyFundedFX gives you Unlimited. Both require a minimum of 3 and 3 trading days respectively.

Which firm has a better profit split, For Traders or MyFundedFX?

For Traders offers a 70/30 → 90/10 profit split, while MyFundedFX offers 80/20 → 92.75%. Higher profit splits mean more of your trading profits go to you.