Reviews on Top Prop Firms

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Founded on April 27, 2023, and launched on August 2, 2023, My Flash Funding is a proprietary trading firm led by CEO Blake Carter, with offices in the United States. They provide global traders with two funding programs: a one-step and a two-step evaluation challenge.

Two evaluation programs: one-step and two-step
Achievable profit targets with 4% maximum daily drawdown and 6-8% maximum loss rules
Unlimited trading period during evaluations
Trading freedom: no restrictions on trading styles, including overnight and news trading
Account scaling opportunities
Competitive profit splits

MyFlashFunding is a reputable proprietary trading firm that provides traders with a choice between two funding programs: one-step and two-step evaluation accounts. What sets them apart are their straightforward and relaxed trading rules, combined with an unlimited trading period. Here are the key highlights of their offerings.

MyFlashFunding offers a level of trading freedom that’s not always common in the industry. You can hold trades overnight and over weekends, engage in news trading, and there are no lot size limitations or other restrictions on your trading style. This flexibility empowers traders to pursue their unique strategies without unnecessary constraints.

For those who opt for the two-step evaluation challenge, it follows the industry-standard two-phase evaluation structure. Traders must complete both phases before becoming funded and eligible for profit splits. MyFlashFunding sets realistic profit targets of 6% in both evaluation phases, aligning with a 4% maximum daily drawdown and 8% maximum loss rules. Importantly, there are no minimum trading day requirements, and you have an unlimited trading period in both evaluation phases. With this program, you can earn 80% profit splits and have the opportunity to scale your accounts.

The one-step evaluation challenge accounts offer a more streamlined path to funding. Traders only need to complete one phase before becoming funded and eligible for profit splits. The profit target here is 10%, which is achievable given the 4% maximum daily drawdown and 6% maximum trailing drawdown rules. Similar to the two-step program, there are no minimum trading day requirements, and you have an unlimited trading period in the single evaluation phase. With one-step evaluation accounts, you can earn 80% profit splits and have the option to scale your accounts.

In summary, MyFlashFunding stands out as a reputable and flexible proprietary trading firm, providing traders with the option to choose between two distinctive funding programs: the two-step and one-step evaluation accounts. Boasting straightforward and accommodating trading rules, MyFlashFunding allows an unlimited trading period, enabling traders to hold positions overnight and during weekends. The firm also permits news trading, imposes no lot size limitations, and offers the freedom to tailor your trading style without restrictions.

– Two-Step Evaluation Challenge:
– Industry-standard two-phase evaluation with realistic profit targets of 6% in both phases.
– Adheres to sensible rules with a 4% maximum daily and 8% maximum loss.
– No time constraints, providing unlimited trading periods with no minimum trading day requirements.
– Earns traders competitive 80% profit splits with the ability to scale accounts.

– One-Step Evaluation Challenge:
– Streamlined one-phase evaluation with a 10% profit target before becoming funded.
– Realistic trading objectives with a 4% maximum daily drawdown and 6% maximum trailing drawdown.
– Allows an unlimited trading period with no minimum trading day requirements.
– Offers traders 80% profit splits, coupled with scalability.

In my recommendation, MyFlashFunding is an ideal choice for traders seeking a legitimate prop firm with clear rules and achievable trading objectives. With excellent conditions tailored for a diverse pool of individuals with unique trading strategies, MyFlashFunding stands as one of the promising proprietary trading firms within the industry.

Achieve with just 6% profit targets
Access up to $400K in trading capital
Enjoy flexibility with no time limits or minimum trading days
Choose between one-step and two-step funding options
Benefit from refundable fees
Trade news events with confidence
Hold positions overnight and over weekends
Earn an attractive 80% profit split
Receive weekly payouts after the initial payout
Join a community-centered prop trading firm
Utilize leverage up to 1:100
Access a wide range of trading instruments, including forex pairs, commodities, and indices.