REVIEW SUMMARY
My Funded Futures is a Futures prop firm, located in Texas, USA. It was founded in 2022.
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $150,000
Profit split: 90%
Cost: from $80/month
Platforms: Ninjatrader, Tradovate, TradingView, Quantower, Sierra Chart, ATAS
PROS & CONS
What I like:
What could be improved:
My Funded Futures is a prop trading firm located in the USA.
In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from My Funded Futures.
Here’s what you’re going to learn:
My Funded Futures is a prop firm located in Texas, USA. It was founded in 2022.
My Funded Futures is a prop firm that funds traders to trade Futures. You can trade all CME (CME, CBOT, NYMEX, COMEX) Futures assets, including the Micros.
Here’s a list of all of the instruments that you can trade with My Funded Futures:
My Funded Futures has three different account sizes that you can choose from. The balances available are $50,000, $100,000, and $150,000.
All of them can be traded using three different programs: Starter, Milestone, and Expert.
The costs start at $80 per month for the smallest account and go up to $665 per month for the bigger account size. You can get a discount of at least 5% if you use my coupon LFT during the checkout.
When you trade with My Funded Futures you can have up to 10 active accounts at once.
Every time that you fail the evaluation on one account, it won’t count anymore to the maximum number. You can easily start a new one again.
There’s no leverage, the trading account balance is the buying power, meaning that the leverage is 1:1.
Your limits are defined by the maximum number of contracts that you can trade, which depends on your account size and profit.
| Account Balance | Maximum number of contracts |
|---|---|
| $30,000 Static | 1 contracts |
| $30,000 Static Pro | 2 contracts |
| $50,000 | 5 contracts |
| $100,000 | 10 contracts |
| $150,000 | 15 contracts |
My Funded Futures has a profit split of 90/10. This means that the trader gets 90% of the profits and the prop firm keeps 10% of the profits to them.
There’s an exception for the first $10,000 of profits. They are entirely yours with a 100% profit split.
It doesn’t end there, what is even better is that payments are processed in less than 6 hours. Grab your account now:
According to Trustpilot, My Funded Futures is classified as excellent. It’s scoring 4.9/5.0 after 399 reviews.
Depending on the account size that you are trading, you have different profit target goals and maximum drawdowns to avoid.
These rules are the same regardless of the account size that you’re applying to:
Besides those rules, you also have a profit target to achieve while avoiding hitting a maximum trailing drawdown which is different depending on the account size and program chosen.
On the Starter challenge, you also have a maximum daily loss limit. It’s important to note that this maximum daily loss is a soft breach, which means that you won’t lose the account if you hit it. Instead, you’ll just be stopped from trading for the rest of that day.
Here are all the goals and losses to avoid:
| Starting Capital | Profit Target | Max Trailing Drawdown | Max Daily Loss |
|---|---|---|---|
| $50,000 | $3,000 (6%) | $2,500 (5%) | $1,200 (2.4%) |
| $100,000 | $6,000 (6%) | $3,500 (3.5%) | $2,400 (2.4%) |
| $150,000 | $9,000 (6%) | $5,000 (3.33%) | $3,600 (2.4%) |
| Starting Capital | Profit Target | Max Trailing Drawdown | Max Daily Loss |
|---|---|---|---|
| $50,000 | $3,000 (6%) | $2,000 (4%) | – |
| $100,000 | $6,000 (6%) | $6,000 (3%) | – |
| $150,000 | $9,000 (6%) | $4,500 (3%) | – |
| Starting Capital | Profit Target | Max Trailing Drawdown | Max Daily Loss |
|---|---|---|---|
| $50,000 | $4,000 (8%) | $2,000 (4%) | – |
| $100,000 | $8,000 (8%) | $3,000 (3%) | – |
| $150,000 | $12,000 (8%) | $4,500 (3%) | – |
Important to mention that this prop firm’s evaluation has one single step, unlike other firms that typically have two steps.
Unfortunately, automated trading bots are not allowed by My Funded Futures. This includes automated scalping, particularly systems that result in over 200 trades a day, as well as any kind of automated system where you never touch the trades.
Semi-automated systems are allowed though. As long as you understand the system and you need to manually monitor and manage your trades, you’re good to go using this kind of automation.
There are no free repeats. Make sure that you trade your strategy with proper risk management and don’t violate the prop firm’s rules.
There’s no free trial, but you can get a 5% discount if you use the link and code below.
My Funded Futures gave me a special code just for my readers, including you. When you use it, you get a 5% off on your purchase. Use the link below to get it, and if necessary, use the coupon code LFT during the checkout.
My Funded Futures supports the popular NinjaTrader to trade.
Besides that, My Funded Futures also supports the most popular futures trading platforms.
It supports:
Holding trades after the close of the day is not permitted. All positions must be closed before 4:10 PM EST, or earlier if the market close of that product is before that time. Trading can be resumed by 6:00 PM EST time.
Leaving positions open for the weekend is also not allowed.
As a side note, if you don’t close your trades before the time, the system will automatically close them for you. And even better, you won’t be penalized for this. It won’t count as a breach of the rules.
My Funded Futures is aligned with day traders and day trading strategies. If you have a different trading style, you may want to check an alternative (more below in this article).
Trading during news is not allowed. All positions must be closed 2 min before important news releases, more specifically: FOMC meetings, FOMC minutes, Employment Report, CPI, EIA (for Energy traders), and Agricultural Reposts (for Agricultural traders).
You can open positions starting 2 minutes after the news release.
If you like to trade news, then this may be a good prop firm for you if you can wait 2 min after the news releases. You just need to be careful and have good risk management. Learn how to calculate your maximum lot size wisely.
Yes, My Funded Futures is a legit company.
Here are their contacts:
There’s also live chat support on their website.
Here is a list of the best My Funded Futures alternatives:
For more alternatives check our alternative prop firm tool:
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