The VIP status at MyFundedFX is determined based on meeting two specific criteria, both of which must be satisfied to advance to the next tier. These criteria ensure that the VIP program is fair and rewards traders who actively engage in simulated trading and demonstrate a commitment to their demo accounts.
To qualify for the first VIP tier, traders are required to fulfill the following conditions:
1. Minimum Number of Payouts: Traders must have made at least six withdrawals payouts based on simulated trading performance from their demo account. This criterion reflects the active use of the demo account and demonstrates consistent simulated trading activity.
2. Demo Account Maintenance and Standing: Traders must have maintained their demo account in good standing for a minimum of four months. This includes adhering to the rules and guidelines, meeting applicable simulated trading requirements, and avoiding any rule violations or breaches.
It's important to note that all-in strategies, which involve concentrating all simulated trading activity on a single simulated trade or high-risk strategy or approach, will not be considered for the VIP program. The program aims to reward traders who adopt prudent simulated trading practices and engage in diversified and balanced simulated trading activities.
Additionally, taking minimum payouts and passively maintaining the demo account solely for the purpose of attaining VIP status will not qualify for the program. The VIP program seeks to recognize traders who actively participate and contribute to the virtual trading community.
By ensuring that the VIP status is earned through genuine trading engagement in the simulated trading environment and responsible demo account management, we seek to maintain the integrity of the program and provide meaningful rewards to deserving traders.
Disclaimer:
All content published and distributed by MyFunded Solutions LLC out of Delaware, MyFundedFX, and its affiliates (collectively, the “Company”) provided for general informational and instructive purposes only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of, any security, investment, company, or fund. Leveraged products such as CFD’s and FX trading are complex instruments with a high risk of losing money. Please note; The information on the website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. Copyright (c) 2023. All right Reserved. MyFunded Solutions LLC out of Delaware.