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:
- What Is My Funded Futures?
- What Can You Trade With My Funded Futures?
- What Are The My Funded Futures Account Sizes?
- What Is The My Funded Futures Leverage?
- How Much Is The My Funded Futures Payout?
- My Funded Futures Reviews
- My Funded Futures Programs Goals And Rules
- My Funded Futures EAs/Algos/Bots
- My Funded Futures Free Trial
- My Funded Futures Free Repeat
- My Funded Futures Coupon / Promo Code / Discount
- My Funded Futures Platforms
- My Funded Futures Trading Hours
- My Funded Futures News Trading
- Is My Funded Futures Legit?
- My Funded Futures Alternatives
- Recap
- Learn More
What Is My Funded Futures?
My Funded Futures is a prop firm located in Texas, USA. It was founded in 2022.
What Can You Trade With My Funded Futures?
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:
- Equity Futures
- Foreign Exchange Futures
- Agricultural Futures
- Energy Futures
- Interest Rate Futures
- Metals Futures
- Crypto Futures
What Are The My Funded Futures Account Sizes?
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 two different programs: Starter or Expert.
The costs start at $100 per month for the smallest account and go up to $375 per month for the bigger account size.
What Is The My Funded Futures Leverage?
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 |
|---|---|
| $50,000 | 5 contracts |
| $100,000 | 10 contracts |
| $150,000 | 15 contracts |
How Much Is The My Funded Futures Payout?
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.
My Funded Futures Reviews
According to Trustpilot, My Funded Futures is classified as excellent. It’s scoring 4.9/5.0 after 399 reviews.
My Funded Futures Programs Goals And Rules
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:
- Minimum days to trade: 1 single trading day
- Challenge duration: There’s no maximum time to trade, you can take the time that you want.
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. Here they are:
Rules for the Starter challenge:
| Starting Capital | Profit Target | Max Trailing Drawdown |
|---|---|---|
| $50,000 | $3,000 (6%) | $2,000 (4%) |
| $100,000 | $6,000 (6%) | $3,000 (3%) |
| $150,000 | $9,000 (6%) | $4,500 (3%) |
Rules for the Expert challenge:
| Starting Capital | Profit Target | Max Trailing Drawdown |
|---|---|---|
| $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.
My Funded Futures EAs/Algos/Bots
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.
My Funded Futures Free Trial
There’s no free trial, but you can get a 5% discount if you use the link and code below.
My Funded Futures Free Repeat
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.
My Funded Futures Coupon / Promo Code / Discount
My Funded Futures gave me a special code just for my readers, and this includes 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 Platforms
My Funded Futures supports the popular NinjaTrader to trade.
Besides that, My Funded Futures also supports the most popular futures trading platforms:
- Ninjatrader – free license
- Tradovate – free license
- Rithmic R|Trader – free license
- TradingView – free license
- Quantower
- Sierra Chart
- Jigsaw Trading
- ATAS
My Funded Futures Trading Hours
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).
My Funded Futures News Trading
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.
Is My Funded Futures Legit?
Yes, My Funded Futures is a legit company.
Here are their contacts:
- Email: support@myfundedfutures.com
There’s also live chat support on their website.
My Funded Futures Alternatives
Here is a list of the best My Funded Futures alternatives:
For more alternatives check our alternative prop firm tool:
Get Alternatives To Any Prop Firm
Recap
- My Funded Futures is a prop trading firm based in the USA.
- You can get a funded account with up to $150,000 in balance and a 90% profit split payout.
- To get access to a funded account you need to pass an evaluation, with different rules depending on the account size you want to apply to.
- You can trade Futures.
- The most popular Futures platforms are available to trade including NinjaTrader.
Learn More
- What is prop trading
- List of the best prop trading firms
- Compare any prop firm
- The best Futures prop firms
