Who runs My Funded Capital, and where

MFC presents itself as a Dubai prop firm with an “operational hub” in Limassol, Cyprus. Its homepage names Bogdan Rubtsov as chief executive and founder. The same homepage says “licensed entities and payment operations” run through Dubai and Limassol. None of the firm’s legal pages names a Cypriot company, and none names a licence.

The legal pages name two companies. The terms, privacy and refund policies are issued by MFC Technologies LLC FZ (registration 2312107.01). The footer credits My Funded Capital – FZCO (DSO-FZCO-33417, a prefix associated with the Dubai Silicon Oasis free zone). Both give Business Center 1, M Floor, The Meydan Hotel, Nad Al Sheba, Dubai. We could not check either number on a public register, and the site does not explain how the two relate.

We found no sign that MFC is a white-label front brand. The terms name MFC’s own company, and the trader dashboard runs on dashboard.myfundedcapital.com with no third-party prop-technology API that we could see.

The two price lists

This matters most to anyone about to pay. The 2-Step page lists a “Cost” per account size; the homepage calculator that leads to checkout shows different US-dollar figures for the same program:

2-Step account	2-Step page “Cost”	Homepage calculator	Gap
$2,000	$19	$29	+53%
$5,000	$32	$149	+366%
$100,000	$429	$635	+48%

The site does not explain the gap; the 2-Step page may show sale prices or be out of date. The 2-Step page says the fee is refunded with the first payout, and that the refund is “the amount you actually paid, excluding any discount”. The terms say there are no refunds once login details have been emailed. Anyone who files a chargeback is “permanently banned”.

The two pages disagree on rules as well as price. The 2-Step page says overnight and weekend holding “is allowed”. The homepage calculator lists weekend holding for the same program as an “optional add-on (+10%)”. The 2-Step page does not mention a consistency rule at all, but the calculator and the payouts FAQ both apply a 15% consistency rule to funded 2-Step accounts.

The headline profit split

The homepage advertises a “Profit-split up to 100%”. Its pricing table opens on Instant Funding and reads “70% → 80% → 90%”, while the feature list lower down says “2-Step starts at 80%, rising to 100% through the Scaling Plan”. All three strings were live on 24 September 2026.

The figures describe different programs, so they are not strictly contradictory. Instant Funding pays 70%, rising to 80% after 10% profit and 90% after 20%, with an add-on worth ten more points. On 2-Step, 100% is a long way off. The split stays at 80% from $5,000 to $150,000 and reaches 100% only at $350,000, the 20th rung of a 23-rung ladder. Each rung needs a 10% gain plus three profitable days, so a trader funded at $100,000 needs seven consecutive steps before keeping all of the profit.

The ladder mirrors The5ers’ High Stakes plan rung for rung from $5,000, down to the $4,000 fixed monthly payment at $350,000 and $10,000 at $500,000. MFC’s news rule and 0.5% profitable-day definition match The5ers’ wording almost word for word. The main difference is MFC’s 8% first-phase target against The5ers’ 10% (see our The5ers review).

Prediction Markets: what the program actually is

MFC says almost no prop firm funds event traders. Its one-step evaluation uses simulated yes/no contracts on sport, politics and economics, and its Prediction Markets FAQ says “pricing and event data are sourced through Polymarket”. It claims no agreement with Polymarket and names no separate company, so the product sits under the same MFC terms as the forex programs. List prices run from $274 for $5,000 to $1,749 for $100,000 before a checkout discount.

The rule that decides who passes is the Max Profit Per Event cap: 0.5% of the account, counted across every market in the same event. On $100,000 that is $500 per event against a $10,000 (10%) target, so even a flawless trader needs at least 20 separate events inside 30 days (60 with the paid Double Time add-on). The 2% minimum withdrawal means at least four capped wins before a first payout, which must take the full eligible profit and pauses trading until approved.

Opening prices must sit between 0.20 and 0.80, each opening trade pays 1% commission, and only markets expected to resolve within 60 days are offered. The 6% drawdown trails the equity high-water mark with no lock, so an unrealised gain raises the breach level even if it later vanishes. Event trading also carries regulatory risk, as Ontario’s fine against Polymarket shows.

Payouts: what is published and what is not

MFC’s homepage claims “1 000+ active funded traders” and a “24h average payout processing time”. It publishes no payout ledger or audited total, so we could not verify either. Its FAQ is more careful: an eligible date “is not a payment-processing guarantee”, and forex-program payouts are capped at $5,000 per cycle, or 5% of a $100,000 account per 14-day window.

Independent evidence is thin. On 24 September 2026 MFC’s Trustpilot profile showed 80 reviews and a 3.5 score, split 68% five-star and 19% one-star with almost nothing between. A one-star reviewer named Salah wrote on 11 January 2026 that MFC “refused to issue my funded account” after passing both phases. Answering a September 2026 complaint about resets, the firm replied: “MyFundedCapital has never offered a one-million-dollar account for £1,000 with unlimited resets.” Forex Peace Army lists zero reviews, and we found no dated first-hand payout reports on the main prop-trading forums, so payout speed remains unverified.

Rules that void accounts

• 15% consistency rule: this applies to funded 2-Step, funded 1-Step and all Instant Funding accounts. No single day can make up more than 15% of total profit. On $5,000 of profit, the biggest day must be $750 or less.
• News window: on 2-Step, no orders from two minutes before to two minutes after high-impact news. Instant Funding uses three minutes unless the news add-on is bought.
• Instant Funding strategy bans: the FAQ bans martingale, grid trading, high-frequency trading, “scalping, gambling, or ‘all-in’ trades” and accounts where 70% of trades or profits come from positions held under ten minutes.
• Strategy switching: the terms ban using “one strategy to pass an assessment and then utilizing a different strategy in a funded account”., as determined by MFC.
• Inactivity: any account with no trade for 30 days is breached.
• Hard breach: the FAQ says profit on a funded account at the time of a hard breach is not paid out “as default”.

How it compares

$100,000 two-phase account	My Funded Capital 2-Step	The5ers High Stakes	FTMO 2-Step
Fee	$429 (page) / $635 (calculator)	$405	€540 list
Phase 1 / Phase 2 target	8% / 5%	10% / 5%	10% / 5%
Daily loss / max loss	5% / 10%	5% / 10%	5% / 10%
Minimum days	3 profitable days per phase	3 profitable days per phase	4 trading days
Top profit split	100% at $350,000	100% at $350,000	Up to 90%

Sources: MFC, The5ers and FTMO pricing pages, pulled 24 September 2026. See our FTMO review for how its funded accounts are backed.

Regulatory posture

MFC is not regulated; its footer says it “does not carry out any regulated activities”. The same footer calls My Funded Capital – FZCO an “Introducing Broker” while stating MFC “is not a broker”, and says funded accounts “are not live trading accounts”. The terms still say successful traders “shall be allocated capital to trade in a live account”. Disputes go to one ICC arbitrator in Paris, with both sides required to attend, and liability is capped at the fee paid or $1,000, whichever is lower. Our prop firm regulation explainer covers why such structures usually sit outside the perimeter.

FAQ

Is My Funded Capital legit?

MFC is an unregulated Dubai business with a named chief executive and published rules. Its contracting company, MFC Technologies LLC FZ, differs from the FZCO named in its footer, it publishes no verified payout data, and its Trustpilot reviews cluster at five stars and one star. Check the checkout price against the program page before paying.

Does MFC really pay a 100% profit split?

Only at the top of the 2-Step Scaling Plan. The split is 80% up to $150,000, 85% from $175,000, 90% from $250,000 and 100% from $350,000, with each step needing a 10% gain and three profitable days. Instant Funding starts at 70%, and an add-on raises it.

How does the MFC Prediction Markets program work?

It is a one-step simulated evaluation on yes/no event contracts, priced from Polymarket data. The target is 10%, but profit on any single event is capped at 0.5% of the account. Passing therefore takes at least 20 separate events within 30 days. The profit split is 75%, or 90% with an add-on.

Are MFC funded accounts live?

The footer and FAQ say evaluation and funded accounts are simulated accounts using real market quotes. The terms, however, still say that traders who pass are given capital in a live account. Until MFC resolves that conflict in writing, we treat funded accounts as simulated.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.