MyFundedFutures (MFFU) is a proprietary trading firm giving traders access to simulated funds for futures trading. Traders can trade without risking their own funds, using the firm’s capital instead.
MFFU shares a business model and framework with its sister company, MyFundedFX. The firm’s history of empowering forex traders, marking it out as a prominent and successful player in the trading world, make its evolution into futures trading an obvious next step.
The MyFundedFutures evaluation process has been thoughtfully streamlined into a one-step challenge, enabling traders to quickly qualify for funding, and setting the firm apart from its competitors who generally offer two-step evaluations.
The evaluation requires traders to prove both their abilities to generate profit and also their risk management skills, over the course of a minimum of one day. Succeeding in this challenge makes traders eligible for funding, so they can begin trading with real money and withdraw their profits once a fortnight.
To pass the evaluation, traders need to meet the following three requirements:
MyFundedFutures offers three different account sizes. All come with the option to choose either Starter or Expert accounts, according to your needs. The profit targets for Starter plans are lower, and they offer scaling rules, whereas Expert accounts normally set higher profit targets with no scaling, meaning you can trade the full number of contracts from the outset.
The two plans also differ in that Starter accounts are cheaper when you begin, but they charge an activation fee, which Expert accounts do not. To establish which plan is most suitable for you, read more about them here.
Do note that in the first two months, maximum withdrawals on Starter accounts are capped. In contrast, Expert accounts are not. Take a look at the MFFU FAQ page on their website to find out about this in more depth.
Click here to start your career as a Funded Futures Trader and save 5% on any account size.
Once you have qualified for funding, you will need to pay the one-off activation fee before you’ll be given your funded account. This costs $149.
If you need to reset your account, for instance because you breach a rule during the evaluation, there’s no need to cancel your account and then sign up again. Instead, you can simply pay an $100 reset fee. This type of reset is distinct from the monthly account resets associated with your subscription. These resets are an alternative for traders who prefer not to wait for a reset until their subscription renews at the conclusion of their billing period
MyFundedFutures is the leading trading evaluation platform in the industry. The 30K Static Account offers traders a fixed drawdown that never changes, allowing full payouts after 60 days (minus $1) without losing the account. This unique feature is designed for traders’ benefit.
Types of Accounts in the 30K Static Evaluation Plan
30K Static Pro Account The 30K Static Pro version is now available. This account maintains a maximum static drawdown of $2500, providing traders with greater confidence during both the evaluation and Sim Funded stages.
30K Static Standard Account The Standard Static Account has been enhanced to better support traders.
These changes ensure traders are not limited by an end-of-day drawdown. The adjustments facilitate successful evaluation completion and a smooth transition to live accounts.
Why Choose the Static Account?
The Static Account offers the best growth potential in the industry. By trading conservatively to build a buffer, traders unlock compounding potential. With a fixed drawdown, traders can stay in the market longer without worrying about trailing drawdowns.
Keeping Payouts in Your Pocket
Static Accounts are designed for traders transitioning to Sim Funded accounts. Once traders reach Sim Funded status, they don’t need to worry about buffers or consistency rules. Traders can trade $1000 for 14 days and then be eligible for payouts.
Features of the 30K Static Account
30K Static Account Pro and Standard – Feature Comparison
| Feature | 30K Static Pro | 30K Static Standard |
| Profit Target | $4200 | $2500 |
| Static Drawdown | $2500 | $1500 |
| Contracts | 2 minis / 20 micros | 1 mini / 10 micros |
| Payout | $2500 every 14 days after 60-day cap removed | $1500 every 14 days after 60-day cap removed |
| Activation Fees | None | None |
| Profit to Drawdown Ratio | 8% DD / 14% Profit Target | 5% DD / 8% Profit Target |
| Pricing | $500/month | $300/month |
Permitted Products and Trading Times
Traders can trade the same products and times as other accounts in the program.
Explanation of Drawdown
| Day | PNL | Drawdown | Maximum Drawdown | Account Balance |
| 1 | $200 | $1700 | $28,500 | $30,200 |
| 2 | $700 | $2400 | $28,500 | $30,900 |
| 3 | -$500 | $1900 | $28,500 | $30,400 |
| 4 | $1000 | $2900 | $28,500 | $31,400 |
This table illustrates the trading conditions of the Static Account, showing how momentum is rewarded and how manageable drawdowns are during challenging periods.
Successfully passing My Funded Futures one-step evaluation will qualify you for funding, and you can start trading with real capital. The first $10,000 you generate in profits is yours to keep in its entirety, and your profit share thereafter is a generous 90%.
Traders placing orders on the exchange with real money have to pay for the real-time data feed, and are accountable for the data fees charged by the exchanges below:
The fee for each exchange usually starts at $116 and reaches as high as $132. As a result, the more exchanges you trade, the higher the associated costs. These expenses accumulate quickly because prop account traders are categorised as professionals. Under the contractual agreement with the exchange, you must pay the exchange fees from your personal account.
In line with industry norms, traders can choose between the Rithmic and CQG (Tradovate) platforms. While there are advantages and drawbacks to both, the differences between the two since NinjaTrader bought Tradovate are minimal. Some traders are partial to using NinjaTrader with a Rithmic connection, but most prop trading firms will recommend the CQG/Tradovate platform to those who are not sure which way to go.
Traders partnering with My Funded Futures are also allowed to make use of third-party software like Jigsaw DayTradr or Bookmap. These can be connected to both NinjaTrader/Rithmic and Tradovate/CQG, offering traders a range of options.
MFFU provides funded futures trading accounts that facilitate trading across a broad spectrum of futures contracts, including:
You can read the rules of the My Funded Futures evaluation in detail on their website, but the basics are:
Traders without much experience may find the rules a lot to get to grips with, so we suggest you read through the MFFU FAQ page to make sure you’ve fully understood everything.
Scaling plan for Starter accounts (Expert accounts don’t have a scaling plan):
| $50,000 | $100,000 | $150,000 | |
| $ Profit Made: | Contracts: | Contracts: | Contracts: |
| Below $1,500 | 2 | 3 | 3 |
| $1,500 – $2,000 | 3 | 4 | 4 |
| $2,000 – $3,000 | 5 | 5 | 5 |
| $3,000 – $4,000 | 5 | 10 | 10 |
| $4,001 and over | 5 | 10 | 15 |
The overall rules for funded accounts are listed below. You can find further information on the withdrawal rules in Withdrawal section of this review. In short, Starter accounts have a scaling plan and Expert accounts don’t. However, for both accounts, the End of Day drawdown is limited to your initial balance plus $100. To illustrate this, suppose you have a $50K account. Your max allowable EOD drawdown would be $50,000, regardless of how much profit you generate.
Starter Accounts:
Expert Accounts:
There is an $149 activation fee for each Starter account, irrespective of the evaluation size, while Expert accounts do not have this fee. When deciding on your account, consider that while Starter accounts have a smaller sign-up fee, you’ll incur the activation fee upon passing the evaluation.
In this section we examine the most important rules. These may take newer traders a bit more time to grasp, so we suggest you read through My Funded Futures’ FAQ page to give you the best possible chance at succeeding.
Consistency Rule
A consistency rule of 40% comes into effect once you start the simulated funded phase (there is no consistency rule before this in the challenge phase). It stipulates that the profits generated from a single trading day should not exceed 40% of your total overall profit. Do note that Expert accounts don’t have a consistency rule.
Traders who breach the consistency rule can’t withdraw any profits. Although your account won’t be terminated, you’ll have to keep trading and making more profits until each of your trading days is worth less than 40% of your overall profits.
Maximum Drawdown
A major drawback of many prop trading firms are the daily drawdowns they impose, which can be stressful for traders to have to continuously keep in mind. My Funded Futures removes this pressure, using a maximum EOD drawdown instead. This is set a 3% and kicks in at the initial starting balance plus $100.
For instance:
Contract Sizing
There’s a restricted number of contracts available for buying or selling at any given time for each account size, as outlined below:
The limits apply uniformly to both micro and mini contracts, across both contract types. It’s essential to note that this sizing doesn’t include scaling. Additionally, the Starter plan incorporates a 1:10 scaling option specifically for Micros.
Minimum Trading Days
MFFU require a minimum number of trading days, which is set at one day across all account types. This guarantees that every trader is committed to trading and actively engaging in the market. We explain this in more detail below:
Prop firms generally use minimum trading day requirements to motivate traders to actively engage in markets, analysing, executing trades and showcasing their abilities. It also gives traders the opportunity to assess their strategies and make any modifications needed to enhance their performance.
It’s important to be aware that while the minimum trading day requirement is set at one day, MFFU recommend traders trade more than this so that they gain experience and can hone their skills and strategies, thereby increasing the likelihood they can meet MFFU’s performance targets.
Traders partnering with My Funded Futures can have up to ten accounts simultaneously. This does not include accounts for which you do not pass the evaluations. To illustrate this, if you have ten accounts and fail one, you’ll be able to open another account.
You are limited to having a maximum of three simulated funded accounts and one live funded account simultaneously. If you successfully complete another evaluation when you already have the maximum of three simulated funded accounts, the new account will be created only when one of your existing simulated funded accounts either transitions to a live account, or fails
For the initial 45 days of Starter funded programs, withdrawals are limited based on your starting balance and the maximum drawdown percentage. For instance, a $50K account with a 4% maximum drawdown can only request withdrawals of up to $2,000 every two weeks. After the initial 60 days, there are no restrictions on withdrawals, allowing uncapped payout requests. Unlike most other prop trading firms that limit withdrawals based on your drawdown for 90 days, My Funded Futures sets this initial limit for the first 60 days only.
There are no withdrawal limits at all for the Expert plans, except that withdrawals can only be requested once every two weeks.
In summary:
Payout Amount:
100% of the initial $10,000 generated by the trader is theirs to keep. After this, the profit share is 90/10.
Starter Accounts:
For Starter accounts, the withdrawal amount is limited to the account’s maximum drawdown during the first two months. Taking a $50K account as an example, the maximum drawdown is $2,000, so withdrawals cannot exceed $2,000 for the initial 60 days. Payout requests thereafter are unlimited.
Expert Accounts:
Withdrawal amounts for Expert accounts are unlimited, with no restrictions and no cap. You can request a payout from the day you start as a funded trader.
Both Starter and Expert Accounts:
Withdrawals can be requested once every two weeks.
When measured against other leading firms in the prop trading industry, My Funded Futures stands out as a convincing choice. It caters well to experienced traders in need of substantial capital to advance their trading careers, as well as aspiring traders seeking a reputable firm with fair prices. My Funded Futures provides traders with a range of trading platforms and the potential to manage up to $600,000 in capital.
In summary, My Funded Futures has established itself as a professional futures prop trading firm, offering excellent conditions in the ideal trading environment.
Click here to start your career as a Funded Futures Trader and save 5% on any account size
Futures trading entails the buying and selling of contracts, called “futures contracts”, in financial markets. This can be done both by individuals and institutions.
These contracts represent agreements between two parties to buy or sell a specified quantity of an underlying asset at a set price on a predetermined future date. The assets range from financial instruments (like currencies and stock indices) to commodities (such as agricultural products or precious metals), and even include interest rates.
The premise of futures trading is speculating on potential price movements of the underlying assets. Traders will take either a long or short position based on how they think the value of the asset in question will change. For example, a trader who thinks the price of gold may fall will take a short position, i.e. they will sell the contract.
We take a more in-depth look at how futures trading works below:
It’s crucial to be aware that futures trading comes with substantial risk because of its inherent leverage. Managing a larger position with a comparatively smaller margin can yield significant profits, but it can also lead to bigger losses. This being the case, aspiring futures traders must ensure they have a comprehensive understanding of the market, establish a robust trading plan, and perhaps take guidance from financial experts.
Please refer to the following pages of our website to read about similar other Prop Firms leading the industry such as: TickTickTrader Review
