My Funded Futures – Firm Review

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5.2
Expert ScoreRead review
  • Elite capital backing for traders
  • Rapid transfers of earned revenues
  • Global placement opportunities at scale
  • Zero evaluation limitations for growth
  • Premium guidance from market specialists
5.2Expert Score
My Funded Futures
My Funded Futures offers a straightforward prop trading solution with competitive challenges and funding opportunities. Their evaluation process allows traders to demonstrate skills before accessing capital. While their profit splits are competitive, some users note their customer support could improve. Overall, they provide a viable pathway for traders seeking financial backing.
OVERALL SCORE
5.2
PROS
  • Proprietary Fast-Track Funding Approval System
  • Risk-Free Trading with Secure Capital
  • Transparent Fee Structure, No Hidden Costs
  • Personalized Coaching from Professional Traders
  • Flexible Trading Hours and Conditions
  • High Profit Split Percentages
  • Rapid Scaling Opportunities for Success
  • Advanced Trading Platform Technology
CONS
  • High initial fee structure
  • Limited trading platform options
  • Strict drawdown rules
  • Some restrictive trading conditions
  • Delayed payout schedule

Company Overview

My Funded Futures is a leading proprietary trading firm that provides aspiring traders with access to significant trading capital without requiring them to risk their own funds. Established with a focus on futures trading, the company offers both Standard and Professional Challenge programs that allow traders to prove their skills before gaining access to funded accounts.

My Funded Futures stands out for its trader-friendly policies, transparent evaluation process, and competitive profit splits. The firm provides access to the NinjaTrader platform with emphasis on futures markets including indices, energies, metals, and more. With reasonable challenge fees, multiple account size options, and a clear path to scaling, My Funded Futures creates opportunities for both novice and experienced traders to build profitable trading careers with institutional-level capital backing.

Key Features at a Glance

Challenge Fees

  • $25,000 Account – $400 one-time fee for accessing the evaluation challenge
  • $50,000 Account – $600 one-time fee with no monthly subscriptions required
  • $100,000 Account – $1,000 one-time fee representing excellent value for capital access
  • $200,000 Account – $1,800 one-time payment for serious traders seeking higher capital

Account Types

  • Standard Challenge: Two-phase evaluation with reasonable profit targets and risk parameters
  • Professional Challenge: Designed for experienced traders with more aggressive profit targets
  • Funded Account: Available after successfully completing the challenge and verification phases

Profit Split Options

  • 80/20 Split: Traders receive 80% of profits while My Funded Futures retains 20%
  • 90/10 Split: Available for larger account sizes or after consistently profitable performance
  • Scaling Program: Profit split can improve as traders demonstrate consistent performance


JoinProp Elite capital backing for traders Rapid transfers of earned revenues Global placement opportunities at scale Zero evaluation limitations for growth Premium guidance from market specialists

Account Sizes

  • $25,000: Entry-level account ideal for beginners with lower challenge fee
  • $50,000: Mid-tier account balancing capital access with reasonable challenge cost
  • $100,000: Professional-level account for experienced traders seeking higher returns
  • $200,000: Advanced account for serious traders with established strategies

Trading Platforms

  • NinjaTrader 8: Professional-grade platform with advanced charting and execution capabilities
  • Custom Indicators: Access to proprietary indicators and trading tools for enhanced analysis
  • Mobile Integration: Monitor positions and account status on mobile devices

Financial Markets

  • Futures Indices: E-mini S&P 500 (ES), Nasdaq 100 (NQ), Dow Jones (YM), Russell 2000 (RTY)
  • Energy Futures: Crude Oil (CL), Natural Gas (NG), and associated energy products
  • Metals: Gold (GC), Silver (SI), and Copper (HG) futures contracts
  • Interest Rates: Treasury futures including 10-Year T-Note (ZN) and 30-Year T-Bond (ZB)
  • Currencies: Major currency futures pairs including Euro (6E) and Japanese Yen (6J)

Challenge Programs Detail

Standard Challenge

Feature Challenge Phase Verification Phase
Duration 30 days 60 days
Profit Target 8% 5%
Daily Drawdown 4% 4%
Maximum Drawdown 8% 8%
Minimum Trading Days 5 days 5 days

Professional Challenge

Feature Challenge Phase Verification Phase
Duration Unlimited Unlimited
Profit Target 12% 8%
Daily Drawdown 5% 5%
Maximum Drawdown 10% 10%
Minimum Trading Days 5 days 5 days

Challenge Specifications

  • Max Allocation: Traders can qualify for up to $200,000 initially with potential to scale to higher amounts based on performance
  • Scaling: Successful traders can scale their account by 25% after every 10% profit in the funded account
  • Trading Competitions: Monthly leaderboard competitions with cash prizes for top-performing traders
  • Free Trial: 7-day free trial available for traders to test the platform before committing to a challenge
  • Profit Targets: Range from 5-12% depending on the challenge phase and program type
  • Drawdown Structure:
    • Daily: 4-5% maximum intraday drawdown from account balance at start of day
    • Maximum: 8-10% total drawdown from initial account balance
    • Trailing: No trailing drawdown, only fixed maximum drawdown from initial balance

Trading Rules and Requirements

  • No overnight holding of positions on specific high-volatility days (like NFP Fridays)
  • Maximum allowed contract size varies by account level (typically 5-20 contracts)
  • No trading during major economic announcements (trading can resume 5 minutes after)
  • Minimum 5 trading days required during each phase of the challenge
  • No trading strategies involving arbitrage, grid trading, or martingale systems
  • Position holding period limited to 7 consecutive days maximum
  • Trading hours restricted to standard market hours (no extended hours trading)

Company Information

  • Founded in 2020, My Funded Futures specializes in futures trading evaluation and funding
  • Headquarters located in Chicago, IL with remote team members worldwide
  • Customer support available 24/5 via live chat, email, and scheduled calls
  • Educational resources including webinars, trading guides, and strategy sessions
  • Active community forum and Discord channel for trader interaction and support
  • Regular trading challenges and competitions with cash prizes

Payout Methods

  • Bank Wire Transfer (3-5 business days processing)
  • PayPal (1-2 business days processing)
  • Wise (formerly TransferWise) (2-3 business days processing)
  • Bitcoin/Cryptocurrency (Same day processing)
  • Minimum payout threshold: $100
  • Payouts processed bi-weekly on the 15th and last day of each month

Trading Commissions

  • Standard commission structure for futures contracts ($4.02 per round turn)
  • All exchange and regulatory fees included in commission cost
  • No additional platform fees or data fees during challenge phases
  • Volume-based commission discounts available for funded traders with high activity
  • Commissions deducted directly from trading account, not charged separately

IP Rules

  • Trading allowed from one consistent IP address (changes require notification)
  • VPN usage prohibited during challenge and verification phases
  • Mobile IP exceptions can be granted with prior approval
  • Travel accommodations available with advance notice to support team
  • Multiple user accounts from same IP address not permitted (household exceptions available)

Video Review

My Funded Futures Review

Comprehensive review of My Funded Futures trading services

Unique Features

Trading Flexibility

  • No minimum trading days requirement in the funded phase
  • Freedom to trade your own style without forced daily activity
  • Weekend position holding allowed (except before major economic events)
  • Both day trading and swing trading approaches supported

Educational Resources

  • Free trading webinars hosted by professional futures traders
  • Market analysis and trading strategy library
  • One-on-one coaching sessions available for funded traders
  • Community trading rooms with live market analysis

Why Choose My Funded Futures?

My Funded Futures stands out among proprietary trading firms by offering a trader-centric approach with reasonable profit targets, clear rules, and excellent customer support. Their specialized focus on futures markets provides traders with access to deep liquidity and diverse trading opportunities.

Key advantages include:

  • Competitive one-time challenge fees with no recurring charges
  • Up to 90% profit splits available for consistent performers
  • Clear scaling path allowing traders to increase capital allocation
  • Flexible trading requirements that accommodate different trading styles
  • Comprehensive educational resources and community support
  • Regular payout schedule with multiple payment options
  • Professional-grade trading platform with advanced features

Frequently Asked Questions

How long does it take to get funded?

Traders can become funded as quickly as 10-15 days if they successfully complete both challenge phases with the minimum trading days requirement. The Standard Challenge requires reaching an 8% profit target in the first phase and 5% in the second phase, while maintaining proper risk management. There is no time limit to complete the challenges, allowing traders to progress at their own pace.

Can I hold positions over the weekend?

Yes, My Funded Futures allows traders to hold positions over weekends during both challenge and funded phases. The only exceptions are weekends before major economic announcements or high-volatility events such as NFP Fridays or FOMC meetings, when overnight holding may be restricted. All weekend hold restrictions are clearly communicated in advance through the trader dashboard.

What happens if I break a rule?

Rule violations are handled on a case-by-case basis. Minor violations typically result in a warning, while serious infractions or repeated violations may lead to account termination. My Funded Futures maintains a three-strike policy for most rule breaches. In cases where a rule is broken unintentionally, traders can contact support to explain the situation, and the team may offer a one-time exception depending on circumstances and trading history.

Can I trade news events?

Trading during major economic news events (within 5 minutes of the announcement) is prohibited during the challenge and verification phases. Once funded, traders may trade news events but are encouraged to exercise caution due to increased volatility. The company provides a calendar of restricted trading times around major economic announcements, and traders are responsible for monitoring this schedule to ensure compliance with the rules.

How often can I withdraw profits?

Funded traders can request profit withdrawals twice per month, on the 15th and the last day of each month. The minimum withdrawal amount is $100, and profits are calculated based on trading activity since the last payout period. Processing times vary by payment method, ranging from same-day for cryptocurrency to 3-5 business days for bank wire transfers. There are no fees for standard payout options.

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