What Fx Capital Am I Trading At MyPropFirmFunds?

You will trade with the same account balance that you traded in the Simulated MyPropFirmFunds Challenge. If you traded with $200,000 fx capital in the Challenge, you would also manage $200,000 in the Simulated Funded account stage to avoid any confusion. Please note that all funded trading accounts we provide to our traders are demo accounts with virtual funds. After a client becomes a funded trader, he/she is provided with login credentials for a demo account. Clients are entitled to up to 80% of simulated profits generated on the Simulated MyPropFirmFunds Account. This solution is much more administratively easier and gives us more freedom to manage risk actively. If you wish to trade with a higher account balance, you can simply apply for another Challenge and trade more accounts. Each Challenge needs to be traded from the beginning, irrespective of the progress on your other accounts. As we need to diversify our risk and exposure, we allow a maximum capital allocation of simulated $400,000 per IP address per household per trader, at any given time. This can be understood as 2 accounts – each with simulated $200k, or 5 accounts – each with simulated $100k for example. Please be careful not to get multiple accounts through various registrations. If we discover identical trade strategies throughout various accounts exceeding $400,000 in the allocated capital value, we reserve the right to suspend those accounts as per the T&Cs. On the other hand, if you are consistently profitable on the simulated funded account, we will be happy to allocate additional fx capital as per our scaling plan.