MyFundedCapital

MyFundedCapital offers a 2-Step challenge with a 10% profit target in Phase 1 and 5% in Phase 2, with a 5% daily drawdown and 10% static maximum drawdown. No time limits and no minimum trading days. Profit splits start at 80% scaling to 90%. Account sizes from $5,000 to $200,000. EAs are permitted and news trading is allowed. A stop-loss is required on all trades — enforced as a risk management standard. Payouts are processed on a 14-day cycle. MT4/MT5 platforms with Forex, indices, and commodities. Known for clear, accessible documentation and a straightforward evaluation path with no hidden metrics.

MyFundedCapital uses a static drawdown model. The 10% max drawdown floor is fixed at 10% below starting balance from day one — on a $100,000 account, the floor is $90,000. The 5% daily drawdown is calculated on equity including open floating positions. The mandatory stop-loss rule means every trade must have a protective stop, enforced by the platform — creating an additional layer of drawdown protection even in fast-moving markets. On funded accounts, the same 5% daily and 10% static drawdown parameters apply as during the challenge, ensuring no unexpected rule changes post-funding. The 10% static max drawdown is the industry standard and provides a familiar reference point for traders experienced with FTMO or FundedNext.

MyFundedCapital has built a reputation for simplicity and reliability. The mandatory stop-loss rule is seen as a positive professional standard that protects both trader and firm. Clear documentation and reliable 14-day payout processing are consistent positives. The 80-90% profit split is competitive for the parameters offered. MyFundedCapital's challenge structure closely mirrors the industry standard (10%/5% targets, 5% daily, 10% max), making it a safe and predictable choice for traders who prefer familiar rules without novel mechanics or surprises.