My Funded FX Leverage

Understanding leverage is essential when assessing any proprietary trading firm. With My Funded FX, leverage plays a central role in risk exposure, account progression, and trading outcomes. Whether you’re testing strategies in a simulated environment or managing trades over multiple phases, knowing how My Funded FX leverage functions can significantly affect your decisions. This article takes a deep dive into My Funded FX leverage as outlined on their official website and through current program specifications. This is not a sales pitch—it’s a critical look from a trader’s point of view.

Leverage Across My Funded FX Programs

My Funded FX offers several trading paths: 1-Step, 2-Step, 2-Step Max, and 3-Step challenges. Each path applies leverage differently, depending on the account phase. Here’s a breakdown.

Simulated Leverage by Challenge Type

Program Type	Step	Sim Leverage
1-Step	All Phases	100:1
2-Step	All Phases	100:1
2-Step Max	Step 1	50:1
2-Step Max	Step 2+	30:1
3-Step	All Phases	30:1

As shown, My Funded FX leverage in the 1-Step and 2-Step programs is consistently set at 100:1. However, for the 2-Step Max and 3-Step programs, it gradually lowers as the trader progresses, highlighting a more conservative approach.

How My Funded FX leverage Impacts Evaluation Phases

Leverage affects position sizing, margin requirements, and overall exposure. Here’s how leverage aligns with the trading rules across different programs:

Program Objectives and Risk Parameters

Program	Step	Profit Target	Daily Loss	Overall Loss	Minimum Days
1-Step	Evaluation	10%	4%	6%	1
	Live Sim	None	4%	6%	7
2-Step	Step 1	8%	5%	8%	1
	Step 2	5%	5%	8%	1
	Live Sim	None	5%	8%	7
2-Step Max	Step 1	10%	5%	10%	3
	Step 2	5%	4%	8%	3
	Live Sim	None	4%	8%	7
3-Step	Step 1-3	6%	4%	8%	1
	Live Sim	None	4%	8%	5

Traders should consider how decreasing leverage in later stages (notably in 2-Step Max and 3-Step programs) influences their ability to hit targets, especially under strict loss thresholds.

Instruments and Trading Flexibility

All programs allow trading across instruments, but the leverage ratio affects margin per instrument:

Forex: Up to 100:1 (1-Step, 2-Step), reduced to 30:1 in final stages of other programs.
Indices, Commodities: No specific per-asset leverage listed, assumed proportional to overall account leverage.
Crypto: No leverage details; assumed under same account-wide cap.

Trading Condition Comparison

Feature	1-Step	2-Step	2-Step Max	3-Step
Max Leverage	100:1	100:1	50:1 → 30:1	30:1
News Trading	Not listed	Not listed	Allowed	Allowed
Trade Holding Overnight	Not listed	Not listed	Allowed	Allowed
Payout Eligibility	7 days	7 days	7 days	5 days

Risk Management and Strategy Implications

Leverage at My Funded FX isn’t extreme compared to some firms that offer 200:1 or 500:1. This design encourages discipline. Here are points traders should note:

Reduced leverage requires tighter entries. The less margin available, the less room there is for error.
Capital exposure is more controlled. This can reduce the temptation to over-leverage on volatile instruments.
Position sizing needs adjustment across phases. Especially when going from 50:1 to 30:1 in 2-Step Max.

Considerations for Traders

Adjust lot sizing per phase.
Account for lower leverage when trading during high volatility.
Use pending orders instead of market entries when close to limits.

MyFundedFX Leverage in Practice: Pros and Limitations

Pros:

Predictable leverage across most programs (especially 1-Step, 2-Step)
Structured to lower risk in advanced phases
Supports a wide range of instruments

Limitations:

Reduction in leverage can hinder aggressive short-term strategies
No dynamic leverage based on equity or drawdown

Crypto leverage not clearly defined

Conclusion

The implementation of My Funded FX leverage across trading programs is systematic and intended to moderate risk rather than enable high exposure. Most traders will find the leverage sufficient for Forex, but the shift in ratios between phases—especially in 2-Step Max—demands strategic adjustment. Whether you’re running a conservative or aggressive setup, adapting to phase-specific leverage rules is not optional—it’s essential. If you’re planning on participating, align your strategy with the available margin and don’t assume leverage will remain constant throughout your journey.

FAQ:

What is the maximum leverage offered by My Funded FX?

100:1, applicable in the 1-Step and 2-Step programs during the evaluation and live simulation stages.

Does leverage decrease during challenge phases?

Yes, especially in the 2-Step Max and 3-Step programs. It drops to 50:1 and 30:1 as traders progress.

Is there different leverage for different instruments?

While leverage is account-wide, Forex is implicitly prioritized. No explicit per-instrument ratios for commodities or crypto are listed.

Can traders hold positions overnight or during news events?

Yes, in most programs. Holding trades is explicitly allowed in 2-Step Max and 3-Step; others do not prohibit it.

Are there changes to leverage once in the live simulation phase?

Leverage typically remains the same as the final verification stage, especially in programs where it drops to 30:1.