Head-to-Head Comparison

MyFundedFX vs Axi Select

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.

M

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.

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A

Axi Select

4.3

Free-to-join capital allocation program by Axi broker offering up to $1M in funding with live trading accounts.

Visit Axi Select

Side-by-Side Comparison: MyFundedFX vs Axi Select

Metric
MyFundedFX
Axi Select
Max Drawdown
8%
10%
Daily Drawdown
5%
5%
Profit Target
8%
5%
Profit Split
80/20 → 92.75%
40/60 → 90/10
Challenge Cost
$49 - $1,499
Free
Trading Period
Unlimited
Unlimited
Min Trading Days
3
0
Leverage
1:100
1:500
Instruments
Forex, Indices, Commodities, Crypto
Forex, Indices, Commodities, Crypto
Account Sizes
$5K, $10K, $25K, $50K, $100K, $200K, $300K
$10K → $1M (progressive)
Scaling
Scale up to $600K with consistent performance
Progress through stages up to $1M
News Trading
Allowed
Allowed
Weekend Holding
Allowed
Allowed
EA / Bots
Allowed
Allowed
Rating
4.4/5
4.3/5

The Verdict: MyFundedFX vs Axi Select

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

Best for Beginners
Axi Select

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

Best for Aggressive Traders
Axi Select

Axi Select provides 10% max drawdown allowance, giving aggressive trading styles more breathing room.

Best for Long-term Scaling
Axi Select

Axi Select offers better scaling potential: Progress through stages up to $1M.

Best for Overall Value
MyFundedFX

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

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

Axi Select Pros & Cons

Completely free to join
Real live trading accounts
Up to $1M funding
High leverage up to 1:500
Broker-backed reliability
Lower starting profit split (40%)
Slow progression through stages
Must use Axi as broker
Lower profit target limits growth
Less flexibility in platforms

Frequently Asked Questions

Which is better, MyFundedFX or Axi Select?
It depends on your trading style. MyFundedFX offers 8% max drawdown and a 80/20 → 92.75% profit split, while Axi Select offers 10% max drawdown and a 40/60 → 90/10 split. MyFundedFX has a higher overall rating at 4.4/5.
What is the cheapest option between MyFundedFX and Axi Select?
MyFundedFX challenges start at $49 - $1,499, while Axi Select starts at Free. Compare account sizes and what's included before choosing based on price alone.
Can I use EAs or trading bots with MyFundedFX and Axi Select?
MyFundedFX allows EAs/bots. Axi Select allows them. Always verify the latest rules on each firm's website.
What are the drawdown rules for MyFundedFX vs Axi Select?
MyFundedFX has a 8% max drawdown and 5% daily drawdown. Axi Select has a 10% 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 MyFundedFX vs Axi Select challenge?
MyFundedFX gives you Unlimited. Axi Select gives you Unlimited. Both require a minimum of 3 and 0 trading days respectively.
Which firm has a better profit split, MyFundedFX or Axi Select?
MyFundedFX offers a 80/20 → 92.75% profit split, while Axi Select offers 40/60 → 90/10. Higher profit splits mean more of your trading profits go to you.

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