Rule #01
Slow and Steady – Wins the Race

My Forex Funds UK has developed this model to ensure that our serious traders can earn from the word go. Not only will we provide our traders with funding, we have also curated this model to enable our traders to scale up and scale up fast!

Rule #02
Bonus Disbursements:

A trader will be given 80% of all profits made on MFF UK’s Accelerated Accounts.
There are one of two ways a trader can request a payout.

1 – Trader of the day/week – We will pick the most profitable or most consistent trader of the day/week and allow him/her to request a payout. This method gives an incentive for traders to be profitable and get paid right away. If you impress us, we will get you paid fast.

2 – A trader may request a payout on a WEEKLY basis. Yes! Another industry first – MFF UK will allow for weekly withdrawal requests. They will be processed and paid out within 1-3 business days. Please note that it takes a minimum of 5 days between every payout unless the trader reaches the profit target.

Rule #03
Targets and Scale Up Program

My Forex Funds UK’s new and innovative scale up program ensures that a trader can trade up to 970K to 2M without having to worry about restrictions on lot sizes or news trading and having an amazing scale up plan with industry leading drawdown parameters.

NB: We are beholden to the liquidity providers. For larger accounts over 500,000 there may be leverage limitations that will be discussed PRIOR to you scaling up beyond that level. We will work with you as best we can to ensure the best trading conditions for that account size.

Rule #04
Drawdown

We have taken the guess work out of drawdown and given our traders one of the simplest drawdowns out there in industry, overall drawdown.The Acceleratted model will come with 10% overall drawdown.

In our accelerated program, overall drawdown will be calculated based on an accounts’ or the scale up phase’s starting balance.

For example, if a trader is starting with a 10K account, they will have an overall drawdown of $1,000.

However, that scales up to 20K in the next phase. The trader will now have 10% of the starting balance for that phase which equates to $2,000!

Rule #05
Restrictions

A trader must close all of his/her trades over the weekend.

This is to ensure and preserve capital, remove liquidity risk and prevent drawdowns larger than allowed. Traders who have a trade left open during the weekend will be automatically suspended from the program.

However, there are no restrictions when it comes to lot sizes, trading during major news events or holding overnight.

Rule #06
Instruments

We constantly are looking for the best products and best conditions for our traders. Currently you can trade FOREX, Crypto, CFD’s including index CFD’s as well as commodities like oil and metals.

Rule #07
Expert Advisers & robot usage

Yes, now you are permitted to utilize various trading strategies and styles at any time, including employing your own Expert Advisors (EAs) and indicators. (Updated 2024)

Rule #08
Account types, details and housekeeping

After your program registration, you will receive your login details within 1-2 hours. The account will be on read-only mode until we verify your KYC documents. You are not allowed to change the details of this account under any circumstances. Doing so will be a breach and your account will be suspended.

At My Forex Funds UK, we are looking for individual traders to grow with us long term. What this means is that we want YOU to be the trader. Its ok to learn your skills from other experts, however, use of signal bots or trade copiers of other traders will not be accepted. If we notice someone using these services, we will suspend their account. We can tell that this is happening by the magic number on the account.

We are constantly monitoring all accounts to make sure the rules are being followed.

You must send your required KYC documents and Independent Contractor aggreement to verification@mffuk.com

Proof of ID: You can send any official government issued identification such as the following: – Driver’s License – Birth certificate – Passport Proof of address: You can send any official document that provides your name and address such as the following: – Bank statement – Utility Bill – Phone Bill – Tax Documents

Rule #09
Losses

No trader at My Forex Funds UK will be liable for any trading losses. However, we encourage you to practice good risk management practices and engage in a trading plan to maximize your chances of not incurring a loss, allowing you to stay in the game long term and make as much as possible.

Rule #10
Refunds

Once trading has started, there will not be any refunds. However, if you have just registered and the account has not been traded on, we can refund your registration fees.

Rule #11
Account Credential Safety

You are responsible for making sure your account credentials are safe. We do not reinstate accounts that have been hacked or distributed to third parties for trading and lost. If your account has been hacked, get in touch with our team so we can lock the account and change the password and run you through security protocols. No reinstatements of accounts will occur so it is important for you to get to us as quick as you can if your account has been hacked.

Rule #12
Trading Behavior

Trading activities that are used to take advantage of the inefficiencies of Metatrader. Gap trading, latency arbitrage, Long short arbitrage, Reverse arbitrage, opposite account trading are all unacceptable trading methods with MyForexFunds. Anyone part-taking in such activities will have their trades adjusted to the executed fill price that we have received from the liquidity pool. Repeat offences will result in account termination.

Rule #13
Inactivity

If your account is inactive for 30 days it will be automatically breached. If you do not inform us within 10 days of the breach the reason for the inactivity, the account will be permanently suspended.

This rule is to prevent us having thousands of hedged trades on abandoned accounts. If you are planning to be away for a prolonged period of time, please inform us and we will make sure your account continues.