Funded Account Terms
These Funded Account Terms govern participation in the funded phase of the MyFXPocket program (the “Program”). They apply in addition to the general Terms & Conditions and prevail for funded or simulated funded accounts in the event of any conflict.
01Who We Are
MyFXPocket operates the Program as a provider of simulated trading services and performance-based reward programs. MyFXPocket is not a broker, investment firm, asset manager, financial institution or deposit-taking entity.
The trading platform used within the Program is Match-Trader, provided by Match-Trade Technologies LLC, acting solely as an independent third-party technology provider.
02Definitions
- Account — a simulated trading account provided to the user within the Program.
- Capital — the notional value of simulated funds assigned to an Account for simulated trading only; it has no monetary value.
- Challenge — an evaluation stage of the Program (Two-Step, One-Step or Instant Funding) during which the user performs simulated trading.
- Funded Phase — the stage during which the user is granted access to a simulated Account under predefined parameters, which may entitle the user to a Reward, but which does not involve real capital or a live trading account.
- Reward — a discretionary, performance-based monetary reward payable subject to fulfilment of the conditions set out in these Terms.
- Reference Period — the recurring period during which simulated trading performance is assessed for Reward eligibility.
- KYC — know-your-customer identity verification, completed at the first payout request.
03Nature of the Services
The Program provides access to simulated trading services only. Any trading activity, performance results or outcomes achieved within the Program are hypothetical in nature, do not constitute real market trading and do not represent or guarantee any future results.
Nothing in the Program consists of investment advice, portfolio management, brokerage services, execution of orders on behalf of the user, or an offer or solicitation of financial instruments. Any Reward payable is not linked to real market performance or real profit and loss.
04Program Structure
The Program may consist of one or more stages, including a Challenge and a Funded Phase. Progression is conditional upon compliance with trading parameters, risk limits, performance thresholds and these Terms. MyFXPocket reserves the right to modify Program parameters, suspend progression or terminate participation at any time at its sole discretion.
05Account
You shall keep all login credentials and authentication data strictly confidential. Accounts may not be shared, jointly operated, sold, assigned or transferred to any third party. Each Account must be used exclusively by the individual in whose name it is registered.
The Match-Trader trading platform is provided and operated by an independent third-party provider; its use is subject to that provider’s terms and privacy policy. MyFXPocket bears no responsibility for the content, operation, availability or performance of third-party platforms.
Access to the Account, website or trading platform may be temporarily limited or unavailable due to maintenance, upgrades or technical issues. MyFXPocket does not guarantee uninterrupted or error-free availability of the Program.
06Simulated Capital and Reset Mechanism
Capital is purely simulated and has no monetary value. You acquire no ownership rights, claims or entitlements in respect of the Capital. At the end of each trading cycle or Reference Period, simulated positions may be closed, Capital and risk parameters reset, and previous simulated profits or losses annulled, except for any Reward payable.
07Trading Rules and Forbidden Practices
You shall comply at all times with all trading rules, parameters, limits and requirements applicable to the Program as published on the website. Forbidden Trading Practices include, without limitation:
- Exploiting pricing errors, data inaccuracies, system malfunctions, latency issues or delays in price updates;
- Trading based on external, delayed or third-party data feeds or signals not intended for use within the Program;
- Manipulative, deceptive or coordinated trading, including hedging across related accounts or any form of account arbitrage;
- On Funded Accounts only: opening or executing trades within 5 minutes before or 5 minutes after major economic news releases, central bank announcements or similar high-impact events. Positions opened before the window and closed after it are not a violation;
- Front-running trades placed elsewhere, including with other brokers or venues;
- Using bots, scripts, EAs, AI tools, high-frequency or mass-order strategies, or off-the-shelf solutions marketed as designed to pass prop firm challenges, where used to manipulate or gain an unfair advantage;
- Employing materially different strategies or risk profiles between the challenge phase and the funded account;
- Allowing any third party to access, control or trade on your Account, or managing, copying or providing signal services in relation to other accounts.
08Consequences of Breach
Where MyFXPocket determines, acting reasonably and in good faith, that Forbidden Trading Practices have occurred, it may exclude the relevant trades from results, deny or cancel any Reward for the relevant Reference Period, suspend or terminate the Account, and terminate participation in the Program. Where such practices involve multiple accounts or coordinated activity, measures may be applied to all affected accounts.
09Use of Trading Data
MyFXPocket may use, process and analyse simulated trading data, including for use in real financial markets, whether directly or indirectly, at its sole discretion. No entitlement to profit, compensation or participation arises from such use.
10Rewards and Payments
The Reward is a discretionary contractual remuneration determined solely by reference to your simulated trading results during the Funded Phase and compliance with all Program rules. It does not constitute profit sharing, investment income or returns from financial instruments.
You become eligible for a Reward only if all Program rules, trading parameters and risk limits are fully complied with, the Reference Period closes with a positive simulated Profit, and all administrative, verification and documentation requirements are satisfied. The standard profit split is 80/20 in your favour, upgradable to 90/10 via the Profit Split Increase add-on.
Payouts may be requested every 5 days for Two-Step and One-Step funded accounts, and every 7 days for Instant Funding accounts. Instant Funding payouts are subject to the 20% Consistency Rule: no single trading day may account for more than 20% of total profits (Consistency % = Highest Single Day Profit ÷ Total Profit × 100).
Payment of any Reward is conditional upon successful completion of KYC verification and issuance of a valid invoice or an approved self-billing arrangement. Fiat and crypto payouts are made via independent third-party payment providers; MyFXPocket does not hold client funds and does not act as a custodian.
11Invoicing and Taxes
Rewards are paid on the basis of a valid tax document, whether issued by you or generated under an authorised self-billing mechanism. All taxes, duties and levies arising in connection with the Reward are borne exclusively by you. Any fees charged by payment service providers in connection with a payout are borne by you.
12Fees and Refunds
Fees paid for participation in the Program are non-refundable once access has been granted, except where required by mandatory consumer protection laws. The Program constitutes digital services commencing immediately upon access being granted; upon accessing the Account you expressly waive any statutory right of withdrawal to the extent permitted by law.
13Restricted Jurisdictions
The Program is not available in jurisdictions where participation would be unlawful or would expose MyFXPocket to regulatory or legal risk, including Afghanistan, Belarus, the Crimea / Donetsk / Luhansk / Kherson / Zaporizhzhia / Sevastopol regions, Cuba, the Democratic Republic of Korea, Gaza, Iran, Libya, Myanmar, the Russian Federation, South Sudan, North Korea, Syria and Venezuela. MyFXPocket may restrict or terminate access at any time due to jurisdictional limitations, without liability.
14Confidentiality and Data Protection
In connection with the Program, MyFXPocket may disclose confidential, proprietary or commercially sensitive information, including trading rules, methodologies, parameters and evaluation criteria. You undertake to keep such information strictly confidential and not disclose it to any third party, except as required by law.
Personal data is processed in accordance with applicable data protection laws, solely for legitimate purposes related to the operation of the Program, including onboarding, identity verification, compliance, fraud prevention, performance evaluation and customer support. Details are set out in the Privacy Policy and Client Privacy Notice, which form an integral part of these Terms.
15AML and KYC
MyFXPocket applies anti-money laundering, counter-terrorist financing and know-your-customer procedures. AML and KYC checks may be carried out at any stage of participation; completion of KYC verification is mandatory prior to any payout. A valid passport or national ID card is accepted globally.
Any attempt to circumvent geographical, regulatory or compliance restrictions, including through VPNs or proxy servers, constitutes a material breach. In the event of termination under this section, no fees are refunded and any accrued simulated profits or unpaid Rewards are cancelled and forfeited.
16Third-Party Providers
The trading platform is Match-Trader, provided by Match-Trade Technologies LLC as an independent third-party provider. MyFXPocket is not responsible for the operation, availability or performance of third-party systems.
17User Representations
You represent and acknowledge that: the Program does not constitute investment services within the meaning of applicable laws; your participation is lawful in your jurisdiction; all trading activity is simulated only; simulated Capital has no monetary value and may not be withdrawn or transferred; and past simulated performance does not guarantee or predict future results. All rights granted are personal, non-transferable and non-assignable.
18Limitation of Liability
The Program and all related content, tools and materials are provided “as is” and “as available”. To the maximum extent permitted by law, MyFXPocket shall not be liable for any indirect, incidental, special, punitive or consequential damages arising out of participation in the Program. Total aggregate liability shall be limited to the lesser of the total fees paid by you in the last three (3) months or USD 1,000.
19Termination
Participation terminates automatically if you fail to comply with any mandatory trading parameters or risk limits, or if your Account is inactive (no trades) for a continuous period of 30 calendar days. Either party may terminate these Terms at any time by written notice. Upon termination, the Account is cancelled and all simulated positions closed.
In the event of termination due to breach, no fees are refunded and any unpaid or accrued simulated profits or Rewards are cancelled and forfeited.
20Complaints
If the Program is not provided or does not correspond to what has been agreed under these Terms, you may submit a complaint by emailing admin@myfxpocket.com. MyFXPocket shall acknowledge receipt and use reasonable efforts to resolve the complaint no later than thirty (30) calendar days from the date of receipt.
21Governing Law and Final Provisions
These Terms are governed by the laws of England and Wales, and any dispute is subject to the exclusive jurisdiction of the courts of England and Wales. If any provision is held invalid, the remaining provisions remain in full force. These Terms may be concluded electronically and constitute the entire agreement between you and MyFXPocket in respect of the Funded Phase.
22Schedule 1 — Trading Parameters
- Profit targets — Two-Step: 10% (Step 1) and 5% (Step 2) · One-Step: 10% · Instant Funding: none (direct funding).
- Max daily loss (equity-based) — Two-Step: 5% · One-Step: 3% · Instant Funding: 3%.
- Max overall loss — Two-Step: 10% fixed · One-Step: 6% fixed · Instant Funding: 5% trailing until initial balance, then fixed.
- Minimum trading days — Two-Step: 5 per step · One-Step: 5 · Instant Funding: 7 (0 days once funded on challenge plans).
- Max leverage — Two-Step: 1:100 · One-Step: 1:50 · Instant Funding: 1:40.
- Payout schedule — Two-Step and One-Step: every 5 days · Instant Funding: every 7 days.
- Profit split — 80/20 standard, upgradable to 90/10 with the Profit Split Increase add-on.
- 20% Consistency Rule — applies to Instant Funding at payout: no single trading day may account for more than 20% of total profits.
- News trading — allowed during challenge phases; on Funded Accounts, no new trades within ±5 minutes of major news releases.
- Overnight holding allowed; weekend holding not allowed. KYC required at first payout only.