There is a question we keep seeing in prop trading forums right now: "What happened to MyFundedFX?" It is a fair question. With Bitcoin trading near $63,900 and the market waiting on FOMC signals, traders are actively hunting for the right prop firm to deploy capital through. And a firm that goes dark in the middle of that search is a problem.
This post covers two things. First, a clear head-to-head comparison of FundedXYZ and MyFundedFX based on their publicly known terms. Second, an honest look at what appears to have happened to MyFundedFX's website and what that means for traders who were relying on them.
We are not going to trash a competitor. We are going to give you the facts and let you decide.
About MyFundedFX
MyFundedFX was a prop trading firm that launched around 2022 and built a reasonable community following. They offered forex and index-focused funded accounts using MetaTrader 4 and MT5. Their primary appeal was a no-time-limit challenge structure — a meaningful differentiator at the time — combined with what they marketed as transparent rules and relatively fast payouts.
They operated primarily as a forex and CFD platform. Crypto was available in limited pairs but was not the main focus. Traders who joined primarily came from the forex community rather than crypto-native backgrounds.
Note on current status: As of mid-2026, the MyFundedFX website (myfundedfx.tech) is no longer directly accessible. The domain began redirecting to a third-party URL (fundedtech.seacrestmarkets.io) sometime in 2025, and that destination is now unreachable. We cannot confirm whether MyFundedFX is still operating, has rebranded, or has ceased operations. Traders with active accounts should contact their support channels directly to verify. The historical specs in this article are based on their last publicly available pricing before the site became inaccessible.
About FundedXYZ
FundedXYZ is operated by BIO LC PTE LTD, registered in Singapore. It is a crypto-native prop firm running entirely on Bybit-powered execution. The platform is built specifically for traders who operate in crypto markets — spot, perpetuals, and futures. No forex. No MetaTrader. Just crypto.
The single-phase challenge starts at $20 — one of the lowest entry points in the funded trading industry. Accounts scale up to $200,000, profit splits reach 90%, and payouts are processed in USDT within 1–5 business days. There is also Z Mode: a scholarship-style program that pays out 400% of your first withdrawal instantly.
Head-to-Head Comparison
| Feature | FundedXYZ | MyFundedFX (last known) |
|---|---|---|
| Challenge phases | 1-step | 2-step (Phase 1 + Phase 2) |
| Entry price ($10K account) | From $20 | ~$55 (last known) |
| Entry price ($100K account) | Scales competitively | ~$299 (last known) |
| Max funding | Up to $200,000 | Up to $200,000 (last known) |
| Profit split | Up to 90% | 75–90% (scaled) |
| Phase 1 profit target | 10% | 8% (last known) |
| Phase 2 profit target | N/A — single phase | 5% (last known) |
| Time limit on challenge | None | None (last known) |
| Daily drawdown rule | None | 5% daily drawdown limit (last known) |
| Max overall drawdown | 10% | 10% (last known) |
| Payout currency | USDT (crypto) | Crypto + fiat options (last known) |
| Payout speed | 1–5 business days | Varied by request (last known) |
| Trading platform | Bybit-powered | MetaTrader 4 / MT5 |
| Asset focus | Crypto only | Forex, indices, some crypto |
| Z Mode / instant payout | Yes (400% instant first payout) | No equivalent |
| Website accessible (July 2026) | Yes — fully operational | No — domain inaccessible |
| Simulated capital | Yes | Yes |
Where MyFundedFX Had Strengths
Being fair here matters. Based on their last known terms, MyFundedFX had genuine selling points:
No time limit. At the time, this was not a universal feature. MyFundedFX was early to remove trading deadlines. Traders who needed weeks or months to build a controlled track record benefited from this.
Multi-asset access. Forex traders, index traders, and commodity traders all had a home at MyFundedFX. If you trade EUR/USD and oil alongside crypto, they covered it. FundedXYZ does not.
MetaTrader familiarity. The majority of the prop trading world built their skills on MT4 and MT5. If that is your platform, their offering fit your existing workflow without relearning.
Reasonable Phase 1 target. An 8% Phase 1 profit target was lower than many competitors. Combined with no time limit, it was achievable for disciplined traders.
Where FundedXYZ Wins
Entry price. $20 versus $55 at the lowest tier. That difference is not trivial for traders who fail a challenge and want to retry. Lower entry cost means lower friction to keep going.
No daily drawdown rule. This is a big one. A 5% daily drawdown limit can knock you out of a challenge on a single bad hour, even if you are profitable on the week. FundedXYZ has no daily drawdown rule. Only the maximum overall drawdown applies. That gives you more room to trade through volatility without being disqualified on a technicality.
Single phase. Two phases mean two opportunities to fail before you ever see a funded account. MyFundedFX required you to hit 8% in Phase 1, then 5% again in Phase 2, under full drawdown rules throughout. FundedXYZ's single-phase structure cuts straight to the funded account. Pass once, you are in.
Crypto-native execution. FundedXYZ runs on Bybit-powered execution. That means the infrastructure is built for crypto markets — tight spreads on BTC and ETH, perpetual futures support, and pricing that reflects live crypto market conditions. MetaTrader running crypto CFDs is a workaround. FundedXYZ is the real thing.
USDT payouts. Every profit is settled in USDT. No bank transfer, no currency conversion, no waiting on fiat rails. If you operate in crypto, this is the cleanest payout structure available.
Z Mode. A 400% instant payout on your first withdrawal has no equivalent anywhere else in the industry. If you pass the challenge quickly and need capital fast, this is a category of its own.
Operational stability. FundedXYZ is active, accessible, and paying traders. That matters — especially right now.
The Stability Question: What Happened to MyFundedFX?
This is the part of the comparison that nobody wants to write. But it is the most important.
In 2025, the MyFundedFX website began redirecting to a domain called fundedtech.seacrestmarkets.io. As of July 2026, that domain is no longer resolving. The original myfundedfx.tech domain is inaccessible. There is no active website.
We do not know exactly what happened. They may have rebranded. They may have changed ownership. They may have ceased operations. What we do know is that a trader searching for their prop firm's website right now cannot find it.
For traders who paid challenge fees and had accounts in progress, this is a serious problem. Funded accounts exist in simulated environments — the capital is not real — but the challenge fees are real money. If the firm goes dark, those fees are gone. If you had pending payouts, they are at risk.
This is not a criticism unique to MyFundedFX. The prop firm industry has seen multiple firms shut down, rebrand, or get acquired since 2022. FTMO, FundedNext, and a handful of others have maintained strong operational continuity. Many smaller and mid-size firms have not.
The lesson is straightforward: firm stability is a feature. It belongs in your checklist the same way profit split and challenge rules do.
How to Evaluate a Prop Firm's Stability Before Signing Up
Here is a short checklist we recommend running before paying any challenge fee:
1. Registered entity. Does the firm have a registered company? FundedXYZ is operated by BIO LC PTE LTD, Singapore. That is verifiable. If a firm does not disclose its legal entity, that is a red flag.
2. Active payout evidence. Not testimonials — actual proof. Screenshot-based payout evidence from the last 30 days. Active Twitter/X, Discord, or Telegram communities where traders discuss recent payouts. If the last visible payout evidence is six months old, be careful.
3. Working support channel. Send a support message before you pay. Does anyone respond? How fast? A firm that takes four days to answer a pre-sale question will not be faster when you need a payout.
4. Domain age and ownership. Tools like WHOIS can tell you when a domain was registered. Very new domains on established-looking firms deserve extra scrutiny.
5. Clear withdrawal terms. The fine print on payout conditions matters. Look for minimum withdrawal amounts, payout frequency restrictions, and what happens to your account if you request a withdrawal above a certain size. Ambiguous terms tend to favour the firm, not the trader.
Which Trader Is FundedXYZ For?
FundedXYZ is not trying to be everything for everyone. It is built for one type of trader: someone who operates primarily in crypto markets, wants a simple challenge structure, and needs fast USDT payouts.
If you trade BTC, ETH, SOL, and major altcoins using perpetual futures and spot on Bybit-powered infrastructure — FundedXYZ fits. The no-daily-drawdown rule gives you room to absorb volatility. The no-time-limit means you can take your time building a clean track record. The single-phase structure means you only need to prove yourself once.
If you are primarily a forex trader and you need MT4 access with multi-asset CFD coverage — that is a different product. FundedXYZ does not serve that use case and does not pretend to.
Bottom Line
The MyFundedFX comparison in 2026 is not really about which firm had better rules. It is about something more fundamental: is your prop firm still there when you need it?
On pure rule mechanics, FundedXYZ wins on entry price ($20 versus ~$55), challenge structure (one phase versus two), daily drawdown (none versus 5%), and crypto execution quality (Bybit-native versus MT5 CFD). The profit split ceiling is comparable. The payout speed is comparable.
The decisive factor right now is operability. FundedXYZ is active. Accounts are live, payouts are processing, and the platform is running on Bybit-powered execution. For a trader looking at where to start or restart their funded journey in 2026, that stability is not a minor detail. It is the whole point.
Frequently Asked Questions
Is MyFundedFX still operating in 2026?
As of mid-2026, the MyFundedFX website is inaccessible. Their domain began redirecting to a third-party URL (fundedtech.seacrestmarkets.io) in 2025, and that destination is now unreachable. We cannot confirm whether they are still operating under a different brand. Traders should verify independently before depositing challenge fees. FundedXYZ remains fully operational.
What were MyFundedFX's challenge fees?
Based on their last publicly available pricing, the Traders Challenge started at approximately $55 for a $10,000 account and scaled to around $585 for a $200,000 account. These were two-phase challenges. FundedXYZ starts at $20 for a single-phase challenge — significantly lower across all account sizes.
What is the key rule difference between FundedXYZ and MyFundedFX?
The most meaningful operational difference is the daily drawdown rule. MyFundedFX historically enforced a 5% daily drawdown limit. FundedXYZ has no daily drawdown rule at all. You only need to stay within the 10% overall maximum drawdown. This gives FundedXYZ traders significantly more flexibility to navigate volatile crypto sessions.
Does FundedXYZ pay out in crypto?
Yes. All payouts at FundedXYZ are settled in USDT. No bank transfer, no currency conversion, no fiat delays. Payouts are processed within 1–5 business days. This makes it the cleanest option for crypto-native traders.
What is Z Mode at FundedXYZ?
Z Mode is FundedXYZ's scholarship-style program that pays out 400% of your first withdrawal instantly. There is nothing equivalent at any other major prop firm. If you pass the challenge quickly and need capital without a waiting period, Z Mode is unique in the industry.
What should I look for when choosing a prop firm?
Beyond rules and pricing: check for a registered legal entity, active payout evidence from the past 30 days, a responsive support team, and a stable domain with verifiable ownership. The prop firm industry has seen multiple closures. Operational continuity is not optional — it is the baseline requirement.
Ready to Trade With a Firm That's Actually Here?
FundedXYZ offers single-phase crypto challenges from $20, no daily drawdown rule, no time limit, and USDT payouts within 1–5 business days. Bybit-powered execution across BTC, ETH, SOL, and major altcoins. Up to $200,000 in funded capital with a 90% profit split.
Trading simulated accounts involves risk. No profits are guaranteed. Always manage your risk within funded account parameters.
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