MyFundedFX Terms of Use
Understanding the rules of a service is not optional when real accountability is involved. That applies directly to MyFundedFX, which has a formal and enforceable framework in place under the label of the myfundedfx terms of use. The document outlines trader behavior requirements, prohibited activity, IP protection, payment conditions, trading limitations, and simulated trading disclosures. This breakdown follows the official terms published by MyFundedFX and restructured for easier comprehension and organization.
Legal Scope and User Representation
At the core, the myfundedfx terms of use form a binding agreement. Any trader accessing the platform must be over 18 years old, capable of entering a legal contract, and must not violate any applicable local or international law.
Users also represent that if they’re using the service on behalf of an organization or third party, they have full authority to do so and accept all obligations.
Clause | Summary |
Age Requirement | Minimum 18 years, legal capacity required |
Entity Binding | Users must have authority when registering on behalf of others |
Acceptance | Use of the service = acceptance of the agreement |
Service Access and License Conditions
Traders receive a limited, non-transferable, revocable license to use the platform. They may not scrape, crawl, reverse-engineer, or hack the site. Any such behavior results in access removal.
Prohibited Behavior Includes:
- Scraping or automated data harvesting
- Reverse engineering the software
- Sharing or selling access to accounts
- Reproducing platform content without consent
MyFundedFX retains all intellectual property and content rights, and users may not claim or copy any of its technology, trademarks, or logic.
Trading Activity Restrictions
The platform has outlined a category called “Prohibited Trading.” This includes, but is not limited to:
Restricted Trading Practices
- Latency arbitrage or exploiting pricing bugs
- Insider trading or use of non-public information
- Front-running activity
- Breaching broker relationships or regulatory compliance
- Switching strategies post-evaluation
- Use of pre-packaged challenge-passing strategies
If such practices are identified, MyFundedFX may deny live simulated accounts or cancel participation.
Refunds, Account Terms, and Identity Verification
The terms emphasize that purchases are non-refundable. In case the payment processor flags a user as high risk, additional documents may be requested. Failing to provide this within 24 hours may restrict or cancel account access.
Only one account per trader is allowed at each challenge level unless otherwise authorized. Account access must remain personal and confidential.
Educational Limitations and Financial Risk Disclosure
MyFundedFX does not offer financial advice, nor does it offer live trading or monetary compensation. It only evaluates simulated trading activity. Any data shown is for informational purposes.
Users are reminded:
- Past performance does not guarantee future success
- Leverage increases both potential gains and losses
- Demo environments differ significantly from live markets
Content Rights, Trademarks, and Usage Restrictions
All content on the MyFundedFX site—including logos, text, software, and downloadable content—is owned or licensed. It is provided only for personal, non-commercial use.
Traders may not:
- Modify or reuse website content
- Republish without permission
- Use company trademarks in metadata or domains
Any breach may lead to legal enforcement.
Termination, Liability, and Arbitration
The agreement may be terminated by MyFundedFX at any time. Users agree to arbitrate all disputes in Dallas, Texas. Liability is capped at the lower of $1,000 or the fees paid.
MyFundedFX disclaims all warranties. Traders use the services at their own risk.
Key Termination and Dispute Provisions
Topic | Condition |
Termination | May occur without notice |
Arbitration Location | Dallas, Texas |
Liability Cap | $1,000 or actual payment (whichever is lower) |
Warranty Disclaimer | Services are offered as-is |
Conclusion
The myfundedfx terms of use document is strict, precise, and leaves little room for misuse or misinterpretation. It defines the platform as a simulated trading environment, with no guarantee of earnings or employment. All content is proprietary, and all behaviors on the platform are closely monitored and regulated.
For anyone considering participation, reading and understanding these terms is not optional—it’s foundational. The terms show that MyFundedFX’s system is structured and rule-driven, and that user actions must align with clearly defined conditions to remain eligible.
FAQ:
No. All purchases are non-refundable.
Your account may be canceled, and you may lose eligibility for a simulated funded account.
Not unless you receive written approval from MyFundedFX. Only one account per challenge level is allowed.
No. Success only results in access to a simulated live account.
Disputes are resolved through arbitration in Dallas, TX.