Head-to-Head Comparison

MyFundedFX vs XLTrade

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.

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

XLTrade

3.8

Offers pro evaluation programs with competitive pricing and multiple challenge formats for forex and CFD traders.

Visit XLTrade

Side-by-Side Comparison: MyFundedFX vs XLTrade

Metric

MyFundedFX

XLTrade

Max Drawdown

10%

Daily Drawdown

Profit Target

Profit Split

80/20 → 92.75%

80/20

Challenge Cost

$49 - $1,499

$79 - $449

Trading Period

Unlimited

Min Trading Days

Leverage

1:100

Instruments

Forex, Indices, Commodities, Crypto

Forex, Indices, Commodities

Account Sizes

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

$10K, $25K, $50K, $100K

Scaling

Scale up to $600K with consistent performance

Progressive scaling available

News Trading

Allowed

Weekend Holding

Allowed

EA / Bots

Allowed

Rating

4.4/5

3.8/5

The Verdict: MyFundedFX vs XLTrade

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

Best for Beginners

XLTrade

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

Best for Aggressive Traders

XLTrade

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

Best for Long-term Scaling

XLTrade

XLTrade offers better scaling potential: Progressive scaling available.

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

XLTrade Pros & Cons

Aggressive promotional discounts

Multiple challenge formats

No time limits

Reasonable pricing

Full instrument coverage

Lower brand recognition

80% max profit split

Fewer account sizes

Support varies

Less transparent data

Frequently Asked Questions

Which is better, MyFundedFX or XLTrade?

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

What is the cheapest option between MyFundedFX and XLTrade?

MyFundedFX challenges start at $49 - $1,499, while XLTrade starts at $79 - $449. Compare account sizes and what's included before choosing based on price alone.

Can I use EAs or trading bots with MyFundedFX and XLTrade?

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

What are the drawdown rules for MyFundedFX vs XLTrade?

MyFundedFX has a 8% max drawdown and 5% daily drawdown. XLTrade 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 XLTrade challenge?

MyFundedFX gives you Unlimited. XLTrade gives you Unlimited. Both require a minimum of 3 and 5 trading days respectively.

Which firm has a better profit split, MyFundedFX or XLTrade?

MyFundedFX offers a 80/20 → 92.75% profit split, while XLTrade offers 80/20. Higher profit splits mean more of your trading profits go to you.