Dive into an in-depth review of MyFlashFunding, where we explore how this platform is revolutionizing the way skilled traders access the financial markets with substantial funded accounts and attractive profit sharing.

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MyFlashFunding Review

MyFlashFunding is dedicated to empowering skilled and experienced traders by providing them with the opportunity to acquire a funded account. The company understands that triumph in the financial markets is often a function of adequate capital combined with a robust trading strategy. With MyFlashFunding, traders are offered an impressive 80% share of the profits and the chance to manage accounts as large as $200,000. This London-based company caters to those interested in trading a variety of instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Introduction to MyFlashFunding

MyFlashFunding, established on April 27, 2023, and commencing operations on August 2, 2023, is a forward-thinking proprietary trading firm. Led by CEO Blake Carter, the firm has its headquarters in the United States and extends its services globally. Specializing in offering funded trading opportunities, MyFlashFunding presents two distinct funding programs: a one-step and a two-step evaluation challenge. Traders collaborating with this prop firm have the unique advantage of being able to consolidate trading accounts up to $400,000 and potentially scale their accounts to a staggering $2,000,000. The company facilitates trading through the widely-used platforms MetaTrader 4 and MetaTrader 5, in partnership with ThinkMarkets as their broker. The official office of MyFlashFunding is located at 401 Pine Street, Saint Louis, Mo 63102.

The Driving Force Behind MyFlashFunding: CEO Blake Carter

Blake Carter, the Chief Executive Officer of MyFlashFunding, is a figure of inspiration and leadership within the company. His journey in the world of proprietary trading began in 2020, when he successfully managed his first funded account. This achievement ignited a passion in him, prompting an in-depth exploration of various prop firms. Through this journey, Blake garnered valuable insights into the multifaceted nature of the industry, including its strengths, weaknesses, and challenges. Utilizing this knowledge, he founded MyFlashFunding with a vision to offer traders a streamlined path to obtaining funding with minimal restrictions. Blake Carter is known for his steadfast commitment to transparency and delivering genuine value. He places great emphasis on meaningful interactions and aims to positively influence everyone he meets. This ethos is reflected in the culture of MyFlashFunding, which is characterized by its open feedback channels, bi-weekly CEO calls, guest speaker events, and other initiatives, all geared towards enhancing the professional development and well-being of traders. For those interested in gaining insights from Blake’s experiences and perspectives, following his Twitter account is recommended.

Funding Program Options at MyFlashFunding

MyFlashFunding provides traders with two distinct program options, catering to different styles and preferences:

• Two-Step Evaluation Accounts: This program is designed for traders who prefer a phased approach to secure funding.
• One-Step Evaluation Accounts: This option is tailored for traders seeking a more direct and expedited path to funding.

Two-Step Evaluation Challenge Account at MyFlashFunding

MyFlashFunding’s two-step evaluation challenge is meticulously designed to identify and reward consistent and disciplined traders. This evaluation program offers leverage up to 1:100 and presents various account sizes with corresponding prices:

• $10,000 account for $97
• $25,000 account for $187
• $50,000 account for $297
• $100,000 account for $497
• $200,000 account for $977

Evaluation Phase One: In this phase, traders are tasked with achieving a 6% profit target while adhering to a 4% maximum daily loss and an 8% maximum loss limit. There are no minimum or maximum trading day requirements in this phase. Progression to phase two is contingent upon reaching the 6% profit target without violating the loss limits. Evaluation Phase Two: Similar to the first, this phase also requires traders to reach a 6% profit target under the same loss constraints. Again, there are no trading day limits. Successful traders who meet the 6% profit target without breaching the loss rules advance to a funded account status. Upon completing both evaluation phases, traders are granted a funded account with no profit targets, bound only by the 4% maximum daily loss and 8% maximum loss rules. The first payout occurs 30 calendar days after the first trade in the funded account, with subsequent payouts on a weekly basis. Traders enjoy an 80% profit split on the earnings made in their funded accounts.

Scaling Plan for Two-Step Evaluation Accounts at MyFlashFunding

MyFlashFunding’s two-step evaluation accounts feature an enticing scaling plan. To qualify for scaling, traders are required to achieve a minimum profit target of 12% within a three-month period. Upon meeting this target, their account balance is boosted by 30% of the original amount. This scaling process follows a structured pattern:

• After 3 months: For an initial $200,000 account, the balance escalates to $260,000.
• After the subsequent 3 months: The new balance of $260,000 is further raised to $320,000.
• After another 3 months: The balance increases from $320,000 to $380,000.
• This pattern continues progressively with each successful three-month period.

The trading instruments available for the two-step evaluation accounts encompass forex pairs, commodities, indices, and cryptocurrencies, offering a diverse range of options for traders to engage with.

Rules for Two-Step Evaluation Accounts at MyFlashFunding

MyFlashFunding’s two-step evaluation accounts are governed by a set of clear rules to ensure fair and disciplined trading:

• Profit Target: This is the specific percentage of profit a trader must achieve to complete an evaluation phase, withdraw profits, or scale their account. The profit target for Phase 1 is 6%, and it remains the same for Phase 2. Funded accounts, however, do not have a profit target.
• Maximum Daily Loss: This rule caps the maximum loss a trader can incur on a daily basis before the account is considered violated. For all account sizes, the maximum daily loss is set at 4%.
• Maximum Loss: This is the overall maximum loss a trader can incur before their account is considered violated. Across all account sizes, the maximum loss is limited to 8%.
• Third-Party Copy Trading Risk: Traders intending to use third-party copy trading services should be aware that such services may already be used by other traders, potentially leading to identical trading strategies. Utilizing third-party copy trading services could risk account violation or denial of a funded account/withdrawal if it results in exceeding the maximum capital allocation rule.
• Third-Party EA Risk: Similar to copy trading, the use of third-party Expert Advisors (EAs) comes with the risk that other traders may be employing the same strategy. This could lead to the denial of a funded account/withdrawal if using a third-party EA results in exceeding the maximum capital allocation rule.

One-Step Evaluation Challenge Account at MyFlashFunding

MyFlashFunding’s one-step evaluation challenge account is crafted to identify and reward traders who demonstrate consistency and discipline in a single-phase evaluation period. This one-step evaluation program offers a leverage of 1:50 and includes several account options:

• $10,000 account for $97
• $25,000 account for $187
• $50,000 account for $297
• $100,000 account for $497
• $200,000 account for $1,007

The requirements for the one-step evaluation challenge are clear:

• Traders must achieve a profit target of 10%.
• The maximum daily loss is capped at 4%, and the maximum trailing loss at 6%.
• There is no time limit for trading, providing traders with the flexibility to reach their profit target without any minimum trading day requirements.

Successful completion of the one-step evaluation challenge leads to a funded account, where no profit targets are imposed. However, traders must adhere to the 4% maximum daily loss and 6% maximum trailing loss rules. The first profit split, which is 80% of the profits made, is awarded 30 calendar days after the first trade in the funded account. Subsequent payouts are processed on a weekly basis.

Scaling Plan for One-Step Evaluation Accounts at MyFlashFunding

MyFlashFunding offers an attractive scaling plan for its one-step evaluation accounts, designed to reward successful traders. To benefit from this scaling plan, traders are required to meet the following criteria:

• Achieve a minimum profit target of 12% within a three-month period.
• Upon meeting this target, the account balance will increase by 30% from its original amount.

The scaling plan operates in a structured manner, as illustrated in these examples:

• After 3 months: A $200,000 account is augmented to $260,000.
• After the next 3 months: The increased balance of $260,000 rises to $320,000.
• After another 3 months: The balance grows from $320,000 to $380,000.
• This pattern of growth continues with each successful three-month period.

Traders in the one-step evaluation accounts have the opportunity to trade a broad spectrum of instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Rules for One-Step Evaluation Accounts at MyFlashFunding

MyFlashFunding’s one-step evaluation accounts are governed by a comprehensive set of rules to ensure disciplined and fair trading practices:

• Profit Target: Traders are required to achieve a profit target of 10% to complete the evaluation phase, withdraw profits, or scale their account. Once traders transition to a funded account, there are no profit targets.
• Maximum Daily Loss: This rule limits the maximum loss a trader can incur on a daily basis before their account is deemed violated. For all account sizes, the maximum daily loss is set at 4%.
• Maximum Trailing Drawdown: This is the highest allowable drawdown, defined as the difference between the highest account balance achieved and the maximum drawdown. The maximum trailing drawdown for all account sizes is 6%.
• Third-Party Copy Trading Risk: Traders considering the use of third-party copy trading services should be aware of the risks. If the service is already being used by other traders, it could lead to identical trading strategies. Utilizing such services could result in the denial of a funded account/withdrawal if it breaches the maximum capital allocation rule.
• Third-Party EA Risk: Similar to copy trading, using third-party Expert Advisors (EAs) can pose risks. If other traders are also using the same EA, it could result in the use of identical trading strategies. This can potentially lead to the denial of a funded account/withdrawal if it exceeds the maximum capital allocation rule.

Unique Features of MyFlashFunding Compared to Other Prop Firms

MyFlashFunding distinguishes itself from other leading proprietary trading firms in several key aspects:

• Unique Funding Programs: MyFlashFunding stands out with its two innovative funding programs – a one-step and a two-step evaluation. These programs are tailored to suit different trader profiles and preferences.
• Flexible Trading Rules: The firm is known for its straightforward and relaxed trading rules. Traders have the liberty to hold trades overnight and over weekends, and engaging in news trading is permissible. Furthermore, there are no restrictions on lot sizes or trading styles, offering traders significant freedom.
• Two-Step Evaluation Process: Unlike many other prop firms, MyFlashFunding requires traders to successfully complete two phases in their two-step evaluation program before qualifying for payouts. Each phase has a profit target of 6%, with a 4% maximum daily loss and an 8% maximum loss rule. Notably, traders have an unlimited period to trade with no minimum trading day requirement to achieve a funded status.
• Scaling Plan: The two-step evaluation accounts at MyFlashFunding include a scaling plan, which is an attractive feature when compared to other industry players. This plan allows for significant growth potential within the trader’s account.
• Lower Profit Targets and Unlimited Trading Period: The firm sets itself apart by offering exceptionally low profit targets and an unlimited trading period. This approach, which includes no minimum trading day requirements, is relatively rare among industry-leading prop firms.

These distinctive features make MyFlashFunding a compelling choice for traders seeking a prop firm that combines flexibility, trader-friendly policies, and growth opportunities.

Comparative Analysis: MyFlashFunding vs. Funding Pips

To provide a clearer understanding of how MyFlashFunding compares with another prominent prop firm, Funding Pips, here’s a detailed comparison based on various trading objectives:

This comparison reveals the unique aspects of each firm, helping traders to make an informed decision based on their trading goals and preferences.

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

To illustrate how MyFlashFunding stands in comparison to True Forex Funds, particularly their Quick Funding program, the following table outlines key trading objectives and their respective specifications in each firm:

This side-by-side comparison provides a concise overview of the differences and similarities between MyFlashFunding and True Forex Funds, aiding traders in making a decision that aligns with their trading approach and objectives.

Comparative Analysis: MyFlashFunding vs. FundedNext (Evaluation Program)

Comparing MyFlashFunding with FundedNext’s Evaluation Program offers insight into how each firm aligns with various trading objectives. Below is a detailed comparison:

In addition to the two-step evaluation, MyFlashFunding also provides a one-step evaluation program. This requires traders to complete a single phase with a 10% profit target, adhering to a 4% maximum daily loss and a 6% maximum trailing loss rule. Unique to MyFlashFunding, traders have the advantage of an unlimited trading period during the evaluation, with no minimum trading day requirements. The one-step evaluation accounts also include a scaling plan. Summarizing, MyFlashFunding differentiates itself from other industry-leading prop firms with its two unique funding programs, relaxed and straightforward trading rules, and an unlimited trading period. Features such as overnight and weekend position holding, trading during high-impact news releases, and no restrictions on lot size or trading style are notable benefits that set MyFlashFunding apart in the competitive prop trading landscape.

Realism of Obtaining Capital from MyFlashFunding

When evaluating the feasibility of obtaining funding from a prop firm like MyFlashFunding, it’s crucial to assess how realistic their trading requirements are in alignment with one’s forex trading style:

• Two-Step Evaluation Accounts: The prospect of receiving capital through MyFlashFunding’s two-step evaluation accounts is considered realistic. This is primarily due to the manageable profit targets set at 6% in both evaluation phases. Additionally, the maximum loss rules are moderately set (4% maximum daily and 8% overall loss). The unlimited trading period and absence of minimum trading day requirements further enhance the likelihood of success, coupled with the freedom of having no restrictions on trading style.
• One-Step Evaluation Challenge Accounts: Similarly, the one-step evaluation challenge accounts offer a realistic path to funding. These accounts require a reasonable profit target of 10% and maintain average maximum loss rules (4% daily and 6% trailing loss). The flexibility provided by an unlimited trading period, no minimum trading day requirements, and the freedom to adhere to any trading style also contributes to the practicality of these accounts.

Considering these aspects, MyFlashFunding emerges as a highly suitable choice for traders seeking funded accounts. The firm’s dual program options, realistic trading objectives, and favorable conditions for receiving payouts make it an appealing option for various types of forex traders.

Payment Proof and Payout Structure at MyFlashFunding

Understanding the payment proof and payout structure is vital when considering MyFlashFunding for trading opportunities:


MyFlashFunding, officially incorporated on April 27, 2023, and launched on August 2, 2023, offers funding through both a one-step and a two-step evaluation process. Upon attaining funded status, traders are eligible for their first payout after a 30-day calendar period. Subsequent payouts are then processed on a weekly basis. Traders are entitled to an 80% profit split from the profits earned on their funded accounts. Given that MyFlashFunding is relatively new in the proprietary trading firm landscape, there is currently limited information available regarding payment proofs from its traders. However, early indicators show that traders have already begun to achieve funded status with the firm. Moreover, there are emerging reports of the first payouts being successfully processed for their most successful traders. As MyFlashFunding continues to grow and more traders reach payout milestones, we expect to update this section with more concrete payment proof. This will provide a clearer picture of the payout process and the success rate of traders with the firm.

Brokerage Partner of MyFlashFunding: ThinkMarkets

MyFlashFunding partners with ThinkMarkets for its brokerage services, aligning itself with a reputable name in the online brokerage industry:

• About ThinkMarkets: ThinkMarkets is a distinguished multi-asset online brokerage, headquartered in London and Melbourne. The firm is recognized for its accessibility to a diverse array of markets and its provision of some of the most renowned trading solutions in the industry.
• Trading Platforms: ThinkMarkets supports trading via MetaTrader 4 and MetaTrader 5, two of the most widely used trading platforms. Additionally, ThinkMarkets offers its own proprietary trading platform, ThinkTrader, which has been developed in-house to cater to various trading needs and preferences.

MyFlashFunding’s choice of ThinkMarkets as its broker underlines the firm’s commitment to providing its traders with quality, reliability, and a broad spectrum of trading opportunities.

Trading Instruments Offered by MyFlashFunding

MyFlashFunding offers a diverse range of trading instruments, each with specific leverage options and a uniform commission structure:

• Leverage Details:
  • Forex Pairs: 1:100 leverage
  • Commodities: 1:20 leverage
  • Indices: 1:10 leverage
• Commission Structure: The commission for all trading instruments is set at $7 per round lot.

Below is a detailed list of the trading instruments available:

• Forex: Includes major pairs like USDCHF, GBPUSD, EURUSD, EURJPY, and USDCAD, along with a wide range of other currencies such as AUDUSD, EURGBP, CADJPY, NZDUSD, and more exotic pairs like EURHUF, EURCZK, and USDTRY.
• Commodities: Features precious metals like XAUUSD (Gold), XAGUSD (Silver), XPTUSD (Platinum), and energy commodities including NGAS, UKOil, and USOil.
• Indices: Offers trading on major indices like US30, SPX500, DAX, UK100, ESP35, and several others including NAS100 and EUSTX50.
• Cryptocurrencies: Provides a range of popular cryptocurrencies like BTCUSD, ETHUSD, LTCUSD, and lesser-known ones such as IOTAUSD, NEOUSD, and SHBUSD1000, among others.

This extensive selection of trading instruments ensures that traders associated with MyFlashFunding have access to a wide variety of markets to suit their trading strategies and preferences.

Trading Fees at MyFlashFunding

Understanding the trading fees is crucial for traders working with MyFlashFunding. Here’s a breakdown of the commission and spread details:

Trading Commission

The trading commission at MyFlashFunding is uniform across different assets:

• Forex: $7 USD per lot
• Commodities: $7 USD per lot
• Indices: $7 USD per lot
• Crypto: $7 USD per lot

Spread Details

To gain insight into the current live spreads, MyFlashFunding provides access to a demo trading account:

• Platform: MetaTrader 4 and MetaTrader 5
• Server: ThinkMarkets-Demo
• Login Number: 10600064 for MT4, 9000153 for MT5
• Password: testing_myff
• Download Platform: Accessible through provided links for MT4 and MT5

These details allow traders to familiarize themselves with the trading environment and fees at MyFlashFunding, facilitating informed trading decisions.

Education & Support for Traders at MyFlashFunding

MyFlashFunding’s approach to trader education and support is focused on practical tools and resources:

Educational Content: It’s important to note that MyFlashFunding does not offer educational content directly on its website. This means traders looking for learning materials, courses, or tutorials will need to seek these from external sources.

• Trader Dashboard: Despite the lack of educational content, MyFlashFunding provides a well-structured dashboard for all its traders. This dashboard is a crucial tool, enabling traders to manage risk effectively and maintain constant oversight of their trading objectives and the overall performance statistics of their trading accounts.

This setup indicates that while MyFlashFunding may not cater to educational needs in the traditional sense, it equips traders with essential tools to analyze and manage their trading activities efficiently.

Traders’ Comments and Feedback on MyFlashFunding

MyFlashFunding has garnered positive feedback from its community, as reflected in online reviews and comments:

• Trustpilot Rating: MyFlashFunding enjoys a high rating of 4.7 out of 5, based on 123 reviews on Trustpilot. This score indicates a strong level of satisfaction among its users and reflects well on the company’s services and offerings.
• Community Feedback: The trading community has expressed appreciation for the attractive trading objectives associated with MyFlashFunding’s evaluation accounts. These objectives are often highlighted as a significant factor in the positive reviews.
• Customer Support: MyFlashFunding is also commended for its reliable customer support. The support team is accessible via live chat and Discord, providing patient and helpful assistance. This service is especially beneficial for traders needing additional information or facing any queries related to the proprietary trading firm.

Overall, the positive comments and ratings from traders underscore MyFlashFunding’s commitment to offering quality services and robust support to its community.

Social Media Presence of MyFlashFunding

MyFlashFunding has established a noticeable presence on various social media platforms:

• Instagram: MyFlashFunding’s Instagram account boasts 603 followers, indicating a growing community interested in their updates and insights shared on this platform.
• Twitter: The firm enjoys a larger following on Twitter, with 5,118 followers. This platform is often used for sharing news, updates, and engaging with the trading community.
• Telegram: Their Telegram channel has over 37 members, serving as a platform for more direct and instantaneous communication with followers and traders.
• Discord: MyFlashFunding’s Discord channel is quite active, with over 4,500 members. This platform is commonly used for community discussions, support, and sharing of trading insights.

These social media channels not only help in building a community around MyFlashFunding but also provide platforms for information exchange, support, and engagement with the trading community.

Support Services at MyFlashFunding

MyFlashFunding offers a variety of support options to assist traders and visitors with their queries and needs:

• FAQ Page: Their FAQ page provides information on general details, account rules, and platform usage. This is a handy resource for quick answers to common questions.
• Social Media Support: The support team is actively engaged on their social media platforms, providing an additional avenue for assistance and interaction.
• Email Support: Direct contact can be made through their email at help@myflashfunding.com. This option is suitable for more detailed inquiries or specific concerns.
• Live Chat Support: For immediate assistance, their live chat support on the website is available, offering real-time help for queries regarding the company or its offerings.
• Discord Channel: MyFlashFunding also maintains a Discord channel where their customer support team is readily available to assist with any needs. This platform is ideal for quick, interactive support.

These support channels reflect MyFlashFunding’s commitment to providing comprehensive and accessible assistance to its clients and community.

Conclusion: MyFlashFunding Review

MyFlashFunding stands out as a commendable proprietary trading firm, offering a choice between two distinct funding programs: the one-step and two-step evaluation accounts. This flexibility allows traders to select the program that best aligns with their trading style and goals. Furthermore, MyFlashFunding’s trading rules are notably straightforward and relaxed, featuring an unlimited trading period, the allowance of holding trades overnight and during weekends, news trading, and no constraints on lot sizes or trading methods. The two-step evaluation challenge, aligning with industry standards, requires completion of two phases for funding and eligibility for profit splits.

With realistic profit targets of 6% in both phases, and manageable maximum daily (4%) and overall loss (8%) rules, the program offers feasible objectives, especially considering the unlimited trading period and absence of minimum trading day requirements. Participants in this program can earn 80% profit splits and have the opportunity to scale their accounts. Conversely, the one-step evaluation challenge necessitates completion of a single phase with a 10% profit target for funding and eligibility for profit splits.

This program is also marked by realistic objectives, given the 4% maximum daily drawdown and 6% trailing drawdown rules, combined with an unlimited trading period and no minimum day requirements. Here too, traders can earn 80% profit splits with scaling possibilities. MyFlashFunding is highly recommended for traders seeking a legitimate prop firm with clear rules and attainable objectives. The firm caters to a diverse range of trading strategies and offers conditions conducive to success for many traders. Overall, MyFlashFunding is poised to be a significant player in the prop firm industry, with promising prospects for the future.