MyForexFunds Payouts
MyForexFunds payouts are processed no longer operational. Profit split starts at 75% and scales to 85%. This page reflects the payout policy reviewed on 2023-08-29.
Payout Overview
Payout Frequency
No longer operational
Starting Split
75%
Maximum Split
85%
Min Payout Threshold
Not disclosed
Processing Time
5-10 business days
Who Is This Payout Profile Best For?
Best Fit
- MyForexFunds makes more sense for traders who care about no longer operational withdrawals and want to optimize cash extraction rather than leave large balances sitting inside the account.
- The starting split is below the industry average, so this payout profile only looks strong if you expect to reach higher tiers or value other rules more.
What To Verify Before Buying
- A fast payout cadence does not help if the rules make it hard to stay funded long enough to request one. Always read the drawdown and holding terms together with the payout policy.
- The fee refund and first withdrawal terms matter as much as the headline split. Traders often compare percentages and ignore the timing conditions attached to the first payout.
- Even with a stronger trust score, you should still verify recent withdrawal reports because payout handling can change faster than legacy reputation.
How MyForexFunds's Profit Split Works
MyForexFunds starts at 75% and scales to 85%. Industry average: 79% starting, 90% max. MyForexFunds starts below average -- you need to scale up to get competitive. The 85% ceiling is below the 90% industry average.
Payout by Account Size
What you take home when you hit the profit target, calculated at both the starting and maximum profit split.
| Account Size | Fee Paid | Profit Target | Your Share (75%) | Your Share (85%) |
|---|---|---|---|---|
| $10,000 | $84 | $800 | $600 | $680 |
| $50,000 | $249 | $4,000 | $3,000 | $3,400 |
| $100,000 | $499 | $8,000 | $6,000 | $6,800 |
Assumes trader hits the exact profit target. Actual payouts depend on trading performance beyond the target and fee refund policies.
Is MyForexFunds Reliable for Payouts?
Trust score data for MyForexFunds is currently being compiled.
MyForexFunds processes payouts no longer operational. This payout schedule is typical for the prop trading industry. For a detailed breakdown of MyForexFunds's reliability and reputation, see the full trust audit and independent review.
How to Maximize Your Payout
1. Scale to the highest split tier. MyForexFunds's profit split ranges from 75% to 85%. The difference matters: on a $100,000 account with $8,000 in profit, the gap between 75% and 85% is $800. Focus on consistent, disciplined trading to unlock higher tiers faster.
2. Understand the fee refund policy. Most prop firms refund the challenge fee with your first payout. For MyForexFunds, this means the $84 to $499 challenge fee is returned alongside your first profit withdrawal, effectively making your first payout larger than subsequent ones.
3. Protect your profits with drawdown awareness. Your payout is only real if you keep the account. Traders who aggressively pursue higher profits often hit drawdown limits and lose everything. Review MyForexFunds's drawdown rules before requesting a payout window. Many experienced traders recommend withdrawing as soon as you meet the minimum threshold to lock in gains rather than risking them for a marginally larger payout.
4. Time withdrawals around your trading cycle. MyForexFunds processes payouts no longer operational. Plan your position sizing around the payout cycle. The gap between earning the profit and receiving it is time when your account is still exposed to drawdown.
5. Track every payout for your tax filing. Prop firm payouts are contractor income in most jurisdictions, not capital gains. In the US, this is 1099 income. Your challenge fee ($84 to $499 for MyForexFunds) and platform subscriptions are deductible business expenses on Schedule C. Keep a spreadsheet of every payout amount, date, and fee paid. You will need it.
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Frequently Asked Questions
How often does MyForexFunds pay out?
MyForexFunds processes payouts no longer operational. Once you request a withdrawal from your funded account, the payout is typically processed within 5-10 business days. The frequency may vary based on your account scaling level and the firm's current processing volume.
What is MyForexFunds's profit split?
MyForexFunds starts you at 75% and scales to 85%. The industry average starting split is 79%. Higher tiers unlock as you maintain the funded account and hit payout milestones.
How long does MyForexFunds take to process withdrawals?
MyForexFunds withdrawal processing typically takes 5-10 business days after you submit a payout request. The exact timeline depends on your payment method, verification status, and whether it is your first payout. First payouts may require additional identity verification which can add 1-3 business days.
Does MyForexFunds refund the challenge fee?
Most prop firms, including MyForexFunds, refund the challenge fee with your first successful payout from a funded account. This means the $84 to $499 you paid to enter the evaluation is returned alongside your first profit withdrawal. Check the official MyForexFunds rules page for the current refund policy.
Related Pages
Reviewed current rules dataset | Rules verified against official firm websites