Comparative Analysis: MyFlashFunding vs. True Forex Funds (Quick Funding)

Comparisons

Comparing MyFlashFunding with True Forex Funds, specifically their Quick Funding program, is essential for traders looking to discern the best fit for their trading needs. This analysis outlines their key trading objectives and how they differ from each other.

Trading Objectives: MyFlashFunding vs. True Forex Funds (Quick Funding)

Here’s a detailed look at how these two firms compare in their trading objectives:

Phase 1 Profit Target: MyFlashFunding sets a 6% target, while True Forex Funds (Quick Funding) aims for 8%.
Phase 2 Profit Target: MyFlashFunding has a 6% target, compared to True Forex Funds’ 5%.
Maximum Daily Loss: MyFlashFunding imposes a 4% limit, whereas True Forex Funds allows up to 5%.
Maximum Loss: A limit of 8% is set by MyFlashFunding, while True Forex Funds sets it at 10%.
Minimum Trading Days: Neither firm requires a minimum number of trading days.
Maximum Trading Period: MyFlashFunding offers unlimited trading periods for both phases, in contrast to True Forex Funds’ 30-day limit for Phase 1 and 60-day limit for Phase 2.
Profit Split: Both firms offer an 80% profit split.

Conclusion

This side-by-side comparison provides a clear overview of the differences and similarities between MyFlashFunding and True Forex Funds’ Quick Funding program, assisting traders in making an informed choice that best suits their trading style and objectives, especially within the context of forex funded programs.

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