10% OFF ALL EVALUATION CHALLENGES
CODE: MAGICHFT
CODE: MAGICHFT
We risk while you receive up to 80% of the Profit.
We risk while you receive up to 80% of the Profit.
Magical Challenge
An Magical Challenge is the first step of the Evaluation Process. You need to succeed here to advance into the Verification stage. Prove your trading skills and discipline in observing the Trading Objectives.
Verification
You are becoming a trader of the Magical Proprietary Trading firm. Trade responsibly and consistently and receive up to 80% of your profits. If you consistently generate profits on your Magical Account, we can scale your account according to our Scaling Plan.
Magical Challenge
An Magical Challenge is the first step of the Evaluation Process. You need to succeed here to advance into the Verification stage. Prove your trading skills and discipline in observing the Trading Objectives.
Verification
You are becoming a trader of the Magical Proprietary Trading firm. Trade responsibly and consistently and receive up to 80% of your profits. If you consistently generate profits on your Magical Account, we can scale your account according to our Scaling Plan.
Choose one of our plans and get funded today
STANDARD
$ 250
Receive a funded account with a starting balance of $50,000 USD, have the potential to increase the account to $2M.
PROFESSIONAL
$ 480
Receive a funded account with a starting balance of $100,000 USD, have the potential to increase the account to $2M.
EXPERT
$ 900
Receive a funded account with a starting balance of $200,000 USD, have the potential to increase the account to $2M.
STARTER
$ 1750
Receive a funded account with a starting balance of $400,000 USD, have the potential to increase the account to $2M.
Evaluation Program | Phase 1 | Funded |
---|---|---|
Profit target | 10% | No profit target |
Daily Drawdown | 4% | 4% |
Max Drawdown | 8% | 8% |
Expert Advisors | Allowed | Allowed |
Trade Through News | Allowed | Allowed |
Profit Split 1 | 70% | 70% |
Profit Split 2 | 75% | 75% |
Profit Split 3 | 80% | 80% |
Refundable Fee | After first payout |
Choose one of our plans and get funded today
STANDARD
$ 250
Receive a funded account with a starting balance of $50,000 USD, have the potential to increase the account to $2M
PROFESSIONAL
$ 480
Receive a funded account with a starting balance of $100,000 USD, have the potential to increase the account to $2M
STARTER
$ 1750
Receive a funded account with a starting balance of $400,000 USD, have the potential to increase the account to $2M
EXPERT
$ 900
Receive a funded account with a starting balance of $200,000 USD, have the potential to increase the account to $2M
Evaluation Program | Phase 1 | Funded |
---|---|---|
Profit target | 10% | No profit target |
Daily Drawdown | 4% | 4% |
Max Drawdown | 8% | 8% |
Expert Advisors | Allowed | Allowed |
Trade Through News | Allowed | Allowed |
Profit Split 1 | 70% | 70% |
Profit Split 2 | 75% | 75% |
Profit Split 3 | 80% | 80% |
Refundable Fee | After first payout |
Oswaldo Jenkins
October 3, 2023
Magical is the another nice prop firm, thought I have started seeing 1 star reviews. It has tight spreads and low commission, I also got a payout from them. Thanks to Magical funding
Louie Kasmen
October 3, 2023
Magical is excellent propfirm. I received my profit sharing
Magical support is also great, helpful.
James Pantoja
September 28, 2023
Great Experience
HELLO, MY EXPERIENCE ABOUT THIS COMPANY IS GREAT, THE METHOD OF WORK IS GOING TO HELP A LOT OF PEOPLE BECAUSE THEY CONTROL YOUR RISK IN YOUR TRADING
Trustindex rating score:4.6 of 5,based on 162 reviews
Oswaldo Jenkins
August 14, 2023
Magical is the another nice prop firm, thought I have started seeing 1 star reviews. It has tight spreads and low commission, I also got a payout from them. Thanks to Magical funding
Louie Kasmen
August 14, 2023
Magical is excellent propfirm. I received my profit sharing
Magical support is also great, helpful.
James Pantoja
April 17, 2023
Great Experience
HELLO, MY EXPERIENCE ABOUT THIS COMPANY IS GREAT, THE METHOD OF WORK IS GOING TO HELP A LOT OF PEOPLE BECAUSE THEY CONTROL YOUR RISK IN YOUR TRADING
Trustindex rating score:4.6 of 5,based on 162 reviews
No minimum trading days.
Access your funded account within 72h of passing the evaluation.
No Time Limits, No Time Maximums.
Pass in 60 minutes, 8 days, or 3 weeks.
The choice is yours.
Trade your desired system.
News trading, EA’s, and manual trading are all enabled.
Trade your plan, show consistency within the markets, and we handle the rest.
Compete for the top spots on our trader leaderboard.
Unlock higher profit split percentages and increase your payout frequency as you perform.
The trader with the highest payout will be displayed on the front page of our website on the “High Score” category.
No minimum trading days.
Access your funded account within 72h of passing the evaluation.
No Time Limits, No Time Maximums.
Pass in 60 minutes, 8 days, or 3 weeks.
The choice is yours.
Trade your desired system.
News trading, EA’s, and manual trading are all enabled.
Trade your plan, show consistency within the markets, and we handle the rest.
Compete for the top spots on our trader leaderboard.
Unlock higher profit split percentages and increase your payout frequency as you perform.
The trader with the highest payout will be displayed on the front page of our website on the “High Score” category.
You will be paid up to 80% of all earnings directly after you hit a 10% profit if you follow our trading rules. The payout happens automatically via your preferred payment method.
MagicalFunding offers the most flexible trading rules in the industry. We allow overnight positions, news trading, and trades over the weekend. The only thing that matters to us is that you follow the risk management rules.
We offer our funded traders an individual contact person, with whom they can ask questions and get immediate feedback. Our support is always here for you.
We offer live accounts from day one. We believe that the best way to challenge your trader psychology & evaluate your performance is to trade with a live account from the start.
It’s time to leverage your trading skills. After having the first profit split, we will continue to increase your account steadily until you reach $1.75M.
You will be paid up to 80% of all earnings directly after you hit a 10% profit if you follow our trading rules. The payout happens automatically via your preferred payment method.
MagicalFunding offers the most flexible trading rules in the industry. We allow overnight positions, news trading, and trades over the weekend. The only thing that matters to us is that you follow the risk management rules.
We offer our funded traders an individual contact person, with whom they can ask questions and get immediate feedback. Our support is always here for you.
We offer live accounts from day one. We believe that the best way to challenge your trader psychology & evaluate your performance is to trade with a live account from the start.
It’s time to leverage your trading skills. After having the first profit split, we will continue to increase your account steadily until you reach $1.75M.
Don’t see your question here? Connect with our live chat or leave a message in our contact form below.
After you sign up, you can beging your mission of “Funding Evaluations”. Select “Start now” under the account size you’d like to participate in. After you will be redirected to the billing page, there you will be able to purchase your challenge. After your purchased challenge, our system will send all credentials to your email address.
Unfortunately, we are unable to accommodate traders from Iran, Syria, North Korea, Libya, Sudan, and Somalia at this time due to restrictions imposed by the U.S. Government.
Trader Timeline: How the Process Works
Initiate the Evaluation:
Successfully Complete the Evaluation:
Submit KYC Documents and Sign Funded Terms of Use Agreement:
Add Payout Details to Your Dashboard:
Receipt of Live Account Credentials:
Begin Trading the Funded Stage:
Commencement of Payouts:
Please Note: Once you successfully pass the evaluation and complete your KYC, remember to add your chosen payout details to your dashboard. You have the option to select either BTC or Bank Wire for payouts.
Our system will recognize your readiness for the live stage once all required documents and details have been submitted. Once everything is in order, your funded account credentials will be dispatched within 72 business hours.
The brokers we use for all accounts on our platform are Eightcap and ThinkMarkets.
After successfully concluding the evaluation stage, but before our traders progress to the funded stage, we require a KYC/AML screening to confirm your identity.
The KYC process entails providing a photocopy of your ID or passport, proof of residency, and a selfie for verification purposes. Additionally, traders must submit a signed copy of the funded trader agreement. Once this verification is completed, you will advance to the funded stage.
Upon successful completion of the evaluation stage and the subsequent KYC process, the funded account will be processed and activated within three full business days.
Base leverage is set at 1:100 during the evaluation as well as the funded stage.
Traders have the freedom to take as much time as they need to complete the evaluation. Once they achieve a 10% profit, they can initiate the process to transition to a live account in as little as a single trading day. The duration of the evaluation period is determined by the viability of your trading strategy.
In the 1-Step evaluation phase, the objective is to achieve a 10% increase in the initial account balance. For instance, if your starting balance is $100,000, your goal would be to reach $110,000. It’s important to note that there is no profit target in the subsequent live funded stage.
We offer two convenient payout options: Bank Wire Transfer and Cryptocurrency. Yes, you can have eligible payouts transferred directly to your bank account, which streamlines the process, eliminates intermediaries, and simplifies the transaction for everyone involved. Payout requests undergo review and are typically sent to traders within 24 to 72 hours of the request. When feasible, we strive to expedite payouts, aiming to process them as quickly as 8 hours after approval.
When the designated calendar days have elapsed according to your payout schedule, you will notice a button labeled ‘Close Period’ on your dashboard. Clicking this button will trigger a review of your account, and you will receive an email confirmation from us to verify the withdrawal request.
Should you encounter any difficulty locating the payout button, you also have the option to request a withdrawal through our live chat service once you meet the eligibility criteria.
We embrace a wide range of trading strategies, whether it’s Support/Resistance, Candlestick Patterns, EA’s, Supply/Demand, or Smart Money Concepts. Our goal is to work with traders who consistently deliver results. The most successful traders worldwide employ diverse strategies and backgrounds, and we acknowledge and respect that diversity.
While there are no restrictions during the evaluation stage, please note that the following strategies or approaches are prohibited during the funded stage and will be subject to review:
We aim to maintain openness regarding the trading styles our traders can employ. However, these strategies are prohibited during the funded stage because they either cannot be replicated in live market conditions, rely solely on demo environments, pose increased risk to our funding, or are designed to manipulate the system.
The maximum amount of funding a trader can have with us is currently $2,000,000.
You can purchase an evaluation through crypto such as BTC, USDT, ETH, or USDC.
When you make an evaluation purchase using cryptocurrency, please allow for a processing time of up to 30 minutes to ensure your payment receives multiple confirmations within the blockchain. Once confirmed, our system will automatically send your challenge credentials to your registered email address.
In case you do not find the email in your primary inbox, kindly check your spam or junk folder.
If, for any reason, you do not receive your credentials within 60 minutes, please feel free to contact our live chat support or reach out to us via email at [email protected]. We are here to ensure your setup is completed successfully.
Firstly, congratulations on your achievement! Please ensure that all open positions are closed, and you have attained a minimum 10% profit on the challenge account, while adhering to all challenge parameters. Once this is done, your challenge will be marked as ‘Complete.’
Once the challenge is complete, our system will promptly initiate the funded stage, which will be labeled as ‘Pending.’ This is the ideal time to submit your KYC information and the funded trader agreement through your dashboard.
Upon providing these documents, your funded account will be authorized for trading exactly three full business days later.
We offer two challenge options:
The 1-step challenge, consisting of a single phase, allows the use of HFT (High Frequency Trading) Robots and the registration fee will be refunded after first payout.
The 2-step challenge, featuring two phases, does not permit HFT Robot usage during the phases. However, the 2-step service becomes refundable upon transitioning to a funded account.
No, we don’t have any lot size restrictions. Our platform allows you the flexibility to trade with any lot size that suits your trading strategy and risk management preferences.
We have created a short tutorial about this, please follow the link below (CLICK HERE TO OPEN). If you want more help, contact us at [email protected] or via live chat.
To access your trader agreement, follow these steps:
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Get in touch with the team.
Supercharge your forex trading journey with our Elite Forex Signal Group. Access premium signals and expert insights to trade with confidence and boost your success. Don’t miss out – subscribe now for a winning edge!
Get in touch with the team.
© Magical Funding. All Rights Reserved.
DISCLAIMER: All information available on our site is intended solely for study purposes related to trading financial markets. Accordingly, we do not offer financial, investment, tax, or brokerage advice. Trading in the forex market is a high-risk activity, past performance does not guarantee future results. Do not risk more than you can afford to lose. Purchases of evaluations should not be considered deposits. Information on this website is not intended for any use that would be contrary to any local law of regulation. Magical Funding is not a broker and any payments are considered admission fees to participate in our demo evaluation. Magical Funding is a registered entity in New York, USA and is complaint with all necessary laws and regulations provided in accordance with local and federal jurisdictions.
© Magical Funding. All Rights Reserved.
DISCLAIMER: All information available on our site is intended solely for study purposes related to trading financial markets. Accordingly, we do not offer financial, investment, tax, or brokerage advice. Trading in the forex market is a high-risk activity, past performance does not guarantee future results. Do not risk more than you can afford to lose. Purchases of evaluations should not be considered deposits. Information on this website is not intended for any use that would be contrary to any local law of regulation. Magical Funding is not a broker and any payments are considered admission fees to participate in our demo evaluation. Magical Funding is a registered entity in New York, USA and is complaint with all necessary laws and regulations provided in accordance with local and federal jurisdictions.