My Funded Futures Review

My Funded Futures Ratings at a Glance

My Funded Futures Product Offering

MFFU allows experienced and beginner futures investors to showcase their trading prowess and generate consistent profits via effective risk management while following the evaluation rules. Upon completing the challenge or evaluation, the firm provides you with simulated funds to trade the futures market and withdraw your profits once per fortnight. This enables you to trade futures without risking significant capital. You can access up to $600,000 in funding. 

From funding amounts to account options and trading platforms, MFFU prides itself on its transparency and commitment to aligning its funding model with the core needs of its futures trading community. The profit payout share is also lucrative; initial profits up to $10,000 beyond the buffer zone are yours, followed by a 90% profit split. Here's a comprehensive breakdown of the firm's core offerings, including the tradable assets, account options and trading platforms. 

Futures Tradable Assets

MFFU offers you access to an impressive collection of futures tradable assets from globally renowned exchanges or clearing houses. For instance, you can access over 20 futures contracts on the Chicago Mercantile Exchange (CME). These include popular options like E-mini S&P 500 (ES), E-mini Nasdaq 100 (NQ), Nikkei 225 (NKD), Micro E-mini S&P 500 (MES) and Euro FX (6E). The firm grants you access to about 13 significant futures contracts, including the E-mini Dow Jones Industrial Average on the Chicago Board of Trade (CBOT), six contracts on Commodity Exchange, Inc. (COMEX) and seven futures contracts on the New York Mercantile Exchange (NYMEX). MFFU's diverse selection of futures contracts across these exchanges encompasses energy, metals, treasury bonds, forex and cryptocurrency futures. This comprehensive selection enhances flexibility in the choice of assets for beginners and experienced futures investors or speculators. 

Challenge Account Options 

MFFU offers two different challenge or evaluation models, each designed to suit various trading styles, objectives and financial situations, rewarding traders based on their performance. These include the Starter and Expert account models with similar multiple account sizes of $50,000 $100,000 and $150,000. The profit target needed to pass the evaluation and access funding varies among the three account sizes and across the two models. Unlike its competitors, MFFU has no daily loss limits; instead, there's a maximum trailing End of Day (EOD) drawdown of 4% across the various account sizes, which locks in at your initial balance plus $100 after making your drawdown amount plus $100 in profit. The 4% DD is only on 50K, 100K and 150K is 3% DD.

So, the $100,000 drawdown will lock in at $103,000 + $100, which is $103,100. However, an extra 1% max drawdown applies to the $50,000 account sizes, meaning it locks in at $52,100 (4% drawdown + $100). 

By eliminating the daily drawdown limit, MFFU enables you to navigate the evaluation process without hassles. No minimum trading day means you can pass the evaluation in just one trading day. Plus, you can complete the challenge at your convenience since there are no maximum trading days. Prop firms typically set a minimum number of trading days to prevent traders from fully capitalizing upon market movements and to make it harder to pass the evaluation. MFFU’s no minimum trading day requirement enables traders to efficiently attain a simulated funded account.

Comparing the Starter and Expert Accounts 

Suppose you're a beginner futures trader. In that case, consider the Starter account plan since this offers a lower profit target across the three account sizes. These range from $3,000 for the $50,000 account to $6,000 for the $100,000 account and $9,000 for the $150,000. In contrast, the profit targets for the Expert account vary from $4,000 for the $50,000 account to $8,000 for the $100,000 account and $12,000 for the $150,000 account. While the Starter plan is the cheaper option upfront, Expert unlocks unlimited withdrawal potential every 14 days. This, paired with the lack of an activation fee on the Expert plan, makes it considerably more popular. Starter plan offers 10:1 micro mini scaling

However, unlike the Expert plan, starter requires an activation fee to access your funding upon completing the challenge. Your bi-weekly profit share is also capped until after the first 2 months. There are consistency and scaling rules that you must abide by upon starting the simulated funded phase of the Starter account. The consistency rules stipulate that the profits you generate from a single trading day must not equal or exceed 40% of your total overall profit. Although breaching the consistency rule doesn't lead to account termination, you cannot withdraw profits. 

Note that a perk MFFU offers is that the consistency rule resets with every payout, so the highest profit day is only applicable to the current payout. The scaling rules stipulate that you cannot open more contracts than the allowable specified amount according to your EOD balance. MFFU's Expert account plan requires no activation fee, consistency rules or scaling. It is ideal for more experienced futures traders or those well-versed in the intricacies of the futures market and seeking more flexibility and advanced features.

Trading Platforms 

MFFU offers multiple trading platforms to accommodate traders with diverse preferences and platform requirements. The available options include NinjaTrader, R | Trader Pro, Tradovate, TradingView, Quantower and Sierra Chart. NinjaTrader is a top choice for beginners and seasoned futures traders, thanks to its flexibility, compatibility, user-friendly interface and a host of powerful tools. However, if you seek speed and reliability, consider R | Trader Pro. Its fast data streams ensure you're in sync with the market movements. Tradovate boasts an intuitive interface that streamlines access to market information. So go for it if you value simplicity without compromising on features.

TradingView is your go-to platform if you prioritize charting, visual tools and direct market access. Sierra Chart is known for its advanced charting tools, robustness and depth. The platform guarantees a comprehensive trading experience. Overall, MFFU's broad spectrum of trading platforms ensures you'll find the ideal option that aligns with your trading goals, experience levels and preferred assets. These platforms are compatible with and seamlessly integrate with various third-party trading platforms. MFFU even provides detailed guidelines on downloading, installing and signing into some platforms in its FAQ section. 

Affiliate Programs 

Suppose you've got a reasonable media or online audience. In that case, you can earn substantially by endorsing or promoting MFFU to your audiences. For every trader that signs up and purchases either of MFFU's challenges via your referral link, you'll earn a 12% commission. You'll earn an 12% commission on subsequent reset purchases they make, while the traders will receive a 5% discount at minimum, otherwise you will receive the best offer at that time. You can withdraw your affiliate earnings upon reaching a minimum of $100 in total earnings. 

MFFU offers hassle-free customer support across multiple channels. The LiveChat at the bottom right of the company's website is your go-to channel for immediate account-related concerns. It is highly optimized for addressing all account-specific issues, from billing to account access and trading platforms. Conversely, you should consider its Discord channel for answers to questions regarding trading plans, platform functionalities, general guidance on futures trading and more. MFFU's Discord community is a versatile platform facilitating knowledgeable interaction and learning between the firm's future trading community. 

MFFU provides many resources to aid your trading journey Intercom FAQ Help Desk. This valuable repository contains a treasure trove of frequently asked questions with comprehensive answers, making it an excellent self-service resource for troubleshooting common issues. It offers you quick solutions to diverse inquiries and saves time by ensuring you have access to relevant information when you need it most. So, always consider checking the FAQ before seeking other support channels. MFFU has an excellent Trustpilot rating of 4.9/5 from over 180 reviewers. Reviewers' comments are overwhelmingly positive, reflecting a fantastic customer service experience and product offerings. 

MyFundedFutures is a futures proprietary trading firm and not a brokerage platform, so it requires no regulation or licensing by financial regulators to operate. Its trading platforms are provided by major financial technology companies, each with rules and regulations governing the protection of users' data and funds. The firm strictly follows Know Your Customer (KYC) procedures in customers' identity verification to mitigate the risk of identity fraud and illicit activities.

To eliminate possible unauthorized access to customers' data in transit and at rest, MFFU employs state-of-the-art encryption protocols. Although the company collects your personally identifiable information during registration and account setup, it is solely utilized for enhanced service delivery and marketing. My Funded Futures will not share or sell your data to third parties unless required by law or given consent to do so. You can carefully review the privacy policies to clarify further how the company handles your data.

MFFU's commitment to fee transparency is unparalleled. There are no hidden or surprise charges; everything is upfront. As shown in the table below, the applicable monthly fees vary among the different account sizes and across the two evaluation models. 

Once you pass the evaluation, you'll pay a one-off activation fee of $149 before you receive your funded account. However, this fee applies to only the Starter plan. Suppose you breach evaluation rules. In that case, you don't need to cancel your account and sign up again; instead, you can pay a $100 reset fee for Starter accounts (or the evaluation fee for Expert accounts) and continue the evaluation. MFFU offers free level 1 data as part of your subscription package. This data provides core market information for a specific futures contract and forms the foundation of profitable futures trading. 

MFFU restricts the number of futures contracts available for each account size. These range from 5 contacts for the $50,000 account to 10 contacts for the $100,000 and 15 contracts for the $150,000 account size. This limit uniformly applies to minis and micros and doesn't include scaling in the Expert accounts. The Starter Plan has a Scaling Plan for the contracts, starting with 2 contracts on a $50,000 account, then scaling up to 5. Starter Plan also incorporates a 1:10 scaling option for micros. Using the scaling contracts, you'd start with 2 minis and 20 micros and scale up to 5 minis and 50 micros. . Besides its commitment to transparency, the firm offers one of the most generous payouts. Typically, your initial profit is awarded up to $10,000 above the withdrawal threshold.

The withdrawal process is fast and hassle-free, and you can receive your profit in under 3 business days. The firm employs a 14-day or bi-weekly payout policy (from the date of the first trade made in the funded state), which slightly varies for each challenge option. The policy for the Starter plan stipulates that no withdrawal may exceed the dollar value of your max drawdown based on your starting balance in the first 60 days. For instance, when trading the $50,000 account, which has a 4% drawdown, you can only withdraw a maximum of $2,000 (4% of $50,000) biweekly until 60 days elapse. Subsequently, your account will qualify for uncapped withdrawal. There are no withdrawal restrictions for the Expert account. Your first $10,000 in profits is entirely yours and completely withdrawable, followed by a 90/10 split. 

You can seamlessly request withdrawal via the dashboard. However, before requesting withdrawal, ensure you've reached your first payout on your funded account and completed your KYC. The minimum withdrawal amount is $1,000, and the company processes payments via RiseWorks. In line with its commitment to fairness and transparency, MFFU can refund your subscription money if you change your mind within 14 days of purchasing a challenge account, given you don't initiate any trading activities on the account post-purchase. The refund equals the amount you paid minus $75, covering non-recoverable costs

My Funded Futures is a significant player in the future prop trading space, excelling in all aspects, including user experience. Its multiple challenge plans, account sizes and trading platforms make it accessible to futures traders or investors with diverse trading styles, goals, risk management strategies and financial situations. The potential to choose from multiple options enhances flexibility and boosts user experience. With MFFU, you already know what you'll pay upfront — no hidden fees or charges exist. This unparalleled commitment to price transparency reinforces trust among its community of future traders. 

Signing up is hassle-free, and you can quickly get funded by progressing through the single-phase evaluation — initial evaluation, simulated funding and then the live funded stage. The first stage uses virtual accounts to test your futures trading skills, risk management strategies, profit-earning consistency and adherence to trading rules. The simulated funded stage tests the consistency of your trading strategies, while enabling users to attain payouts. 

The live-funded option involves real money and is the pinnacle of your futures trading with MFFU. Since it involves real-world trading scenarios, it necessitates managing your emotions and leveraging advanced strategies for long-term success. This meticulously designed approach to funding prepares you for quick success in the futures market. Additionally, the firm offers one of the most generous payouts to traders. Moreover, MFFU's efficient 24/7 customer support further enhances the user experience. Benzinga considers the platform highly recommendable.

My Funded Futures vs. Competitors

MyFundedFutures has many competitors, including TopStep and Apex Trader Funding. Each of these futures trading prop firms streamlines fund accessibility for undercapitalized futures prop traders, enabling them to excel in the futures market. Like MFFU, these firms grant you access to cutting-edge trading platforms and comprehensive futures contracts and offer lucrative profit payouts. However, MFFU beats these firms in a few aspects, such as uncapped withdrawals on expert, one-day minimum trading requirements, no daily loss limit and excellent trailing max drawdown. Overall, MFFU stands out as one of the perfect choices for futures traders of diverse experience levels and risk tolerances because of its relaxed evaluation rules and competitive profit split.

MFFU is one of the best futures trading proprietary firms and is worth considering if you're a beginner or seasoned future trader seeking to achieve financial independence in the futures market through excellent risk management techniques. Its impressive features, including the single-phase evaluation with no daily loss limit and minimum or maximum trading days, solidify it as a compelling choice for all traders. MFFU offers a generous profit share, enabling you to retain a considerable amount of your earned profit and enhancing your overall experience. 

Its genuine commitment to pricing and program model transparency instills trust in the trading community. The firm's excellent customer service means your questions about futures trading and its core offerings will be addressed professionally. In addition, MFFU highly prioritizes data security and risk management, ensuring a safe trading experience. Nevertheless, the lack of educational resources might make it unattractive for some traders.

Frequently Asked Questions