Workable
MyForexFunds for ICT / SMC traders
8% static DD is workable for structure traders; pair with a primary firm to hedge operational risk.
Persona: 1h–4h discretionary on market structure (Inner Circle Trader / Smart Money Concepts).
Rules at a glance
MyForexFunds, the six numbers.
- Profit target
- 8.0%
- Daily loss cap
- 5.0%
- Max drawdown
- 8.0%(static)
- Payout cadence
- 14 days
- Recommended risk/trade
- 0.5%
- Status
- pending-relaunch
Persona context
How ICT / SMC traders think about prop firms.
ICT and SMC operators sit at 1h–4h timeframes with multi-leg setups (break-of-structure → fair-value-gap entry → liquidity-grab exit). Their cycle time means a single trade idea might take 8–48 hours to fully play out, so the rules that matter most are weekend-hold permissions, news-blackout windows that fall mid-setup, and the drawdown reference (trailing-DD firms penalise a paper-profit pullback that closes the open trade in your favour — but the floor moved). They tolerate a higher daily-loss cap better than scalpers do because they rarely take more than 2–4 setups a day. The consistency rule bites differently here: ICT/SMC trades tend to be larger and farther apart, so one outsized win can lock the account out of payout cycles for weeks.
- Weekend-hold rule
- Drawdown reference (trailing vs static)
- News window vs setup duration
- Single-trade size cap
- Multi-leg margin rules
The specific analysis
MyForexFunds × ICT / SMC traders.
For ICT/SMC operators, MyForexFunds is workable but should not be the only funded account. The static 8% drawdown is well-suited to multi-leg setups where a paper-profit pullback would breach a trailing-DD firm. The 5% daily cap is sufficient for the 1h–4h pace. The 8% target is reachable in 15–20 setups across a 30-day window. The genuine issue is the relaunch overhang: until the firm demonstrates 12 consecutive months of clean payouts post-relaunch, any meaningful capital at MFF carries operational risk that's not reflected in the eval price. The rational play is to take MFF as a secondary funded account alongside FTMO, diversifying across firms reduces the impact of any single firm's operational issue.
Workarounds
- Hold no more than 25% of total funded exposure at MFF until 12 months post-relaunch
- Use MFF for strategies that need static-DD specifically (multi-leg holds)
- Cash out at every payout window, minimise idle profit at the firm
Account killers
- Concentrating funded capital at MFF before the payout pipeline is proven
- Skipping FTMO because MFF is cheaper, the implicit cost of operational risk is real
Run the math
Three calculators pre-flight your strategy.
- Firm-rule drawdown calculator , project equity floor and breach distance under MyForexFunds.
- Firm-mode position sizing , recommended 0.5% risk-per-trade for a ICT/SMC.
- Prop firm vs self-funded cost , total cost to pass MyForexFunds given your realistic pass-rate.
FAQ
Questions about MyForexFunds for ICT/SMCs.
Is MyForexFunds a good fit for ICT/SMCs?
8% static DD is workable for structure traders; pair with a primary firm to hedge operational risk. For ICT/SMC operators, MyForexFunds is workable but should not be the only funded account. The static 8% drawdown is well-suited to multi-leg setups where a paper-profit pullback would breach a trailing-DD firm. The 5% daily cap is sufficient for the 1h–4h pace. The 8% target is reachable in 15–20 setups across a 30-day window. The genuine issue is the relaunch overhang: until the firm demonstrates 12 consecutive months of clean payouts post-relaunch, any meaningful capital at MFF carries operational risk that's not reflected in the eval price. The rational play is to take MFF as a secondary funded account alongside FTMO, diversifying across firms reduces the impact of any single firm's operational issue.
What's the biggest rule risk for a ICT/SMC at MyForexFunds?
Concentrating funded capital at MFF before the payout pipeline is proven
What risk-per-trade percentage do you recommend?
0.5% of equity per trade is the conservative starting point for a ICT/SMC at MyForexFunds. Use Glitch Executor's position-sizing calculator to confirm the lot size respects both your risk budget and the firm's drawdown cushion.
Does the firm permit trading through high-impact news?
MyForexFunds enforces a news blackout around high-impact releases. Plan entries either fully before or fully after the release.
How does the drawdown rule work specifically?
MyForexFunds uses a static 8.0% drawdown anchored to the starting balance, it doesn't follow your highs.
Compare and shortlist
Where this fits in the wider research.
- Best prop-firm challenges shortlist
- MyForexFunds, full rule + payout brief
- Current prop-firm partner offers
- MyForexFunds drawdown calculator
Authored and reviewed by Ryan Tran (Strategy Lead, Glitch Executor). Last reviewed . Rule values pulled from the firm-rule registry in this repo; verify with MyForexFunds directly before funding.
Same firm, different personas