Prop firms / MyForexFunds style evaluations

MyForexFunds style evaluations trading journal

Short answer

Import your MetaTrader 4 history into TradeStack and you get a daily P&L calendar, drawdown tracking and consistency % — the three numbers that decide whether a MyForexFunds style evaluations account survives. It is free.

MyForexFunds style evaluations rules at a glance

Marketsforex
PlatformsMetaTrader 4 and MetaTrader 5
Profit target8% phase one
Daily loss5% daily
Drawdown12% trailing

Rules change between plan types and over time — always confirm the current terms on the firm's own rule page before you trade.

The rule that ends most MyForexFunds style evaluations accounts

Traders rarely fail because their strategy stopped working. They fail because of trailing drawdown moving up with equity highs. A journal makes that visible before it happens: log every trade the same day, watch the daily P&L calendar, and stop when the remaining buffer is smaller than one normal losing trade.

What the rules mean in dollars on a $100,000 account

  • Daily loss of 5% is $5,000. Three losing trades at 1% risk leave you $2,000 of room for the rest of the session.
  • Maximum drawdown of 12% is $12,000 — the total you can be down from the reference balance before the account is closed.
  • The 8% profit target is $8,000. At 1% risk per trade and a 1:2 payoff, that is roughly 8 net winning R.
  • The day that fails most accounts: a $5,000 red day taken after you are already $7,000 down. Both rules break on the same trade, which is why the calendar buffer matters more than any single setup.

Scale linearly for other account sizes — a $50,000 account halves every figure above.

Importing from your MyForexFunds style evaluations platform

Each platform exports a different file. These pages show exactly where the export lives and which columns TradeStack reads:

How to track a MyForexFunds style evaluations evaluation day by day

  1. Create a portfolio for the account and set its size, so percentages are calculated correctly.
  2. Export from your platform after each session and import the file — the format is auto-detected.
  3. Read the calendar: each day shows its dollar result against your daily loss limit.
  4. Check Consistency % weekly, since payouts are refused on one-big-day profit curves.
  5. Tag setups with playbooks so you can drop the ones that only work on paper.

Frequently asked

Is this MyForexFunds style evaluations journal free?

Yes. Every feature is free: unlimited trades, CSV import, the daily P&L calendar, playbooks and full analytics.

What ends most MyForexFunds style evaluations accounts?

In practice it is trailing drawdown moving up with equity highs. Tracking your remaining buffer daily is the cheapest way to avoid it.

Which platforms can I import from?

MetaTrader 4 and MetaTrader 5. Export your trade history and drop the file in — the layout is detected automatically.

Can I track several accounts at once?

Yes. Use a separate portfolio per account, each with its own account size, so evaluation and funded results never mix.

Common prop firm questions

Keep reading

Track your MyForexFunds style evaluations account free

Daily loss, drawdown, consistency and expectancy in one place.

Start free