MyFundedFutures: The #1 Prop Firm - Full Guide/Review

Clicking the image is Iman’s link to MyFundedFutures’ website.

  1. Pay $92 to get funded on a 50k account

  2. Pass in 1 day without any activation fees

  3. Get your payout just minutes after the request

That’s MyFundedFutures, and this guide covers everything (ALL 4 evaluation plans, not just the starter plan described above)

Be sure to automatically get the highest available discount by clicking and using code Iman. By doing that, you’ll never miss out on a special sale, because the Iman code will automatically update! This page is essentially their entire website put into an easy-to-read format with all major rules and policies for each individual account.

I recommend viewing this on a computer so that you can see all of the charts correctly formatted.


A brief intro to MyFundedFutures’ different trading plans

MyFundedFutures has three different types of “trading plans” (evaluations). The chart here uses each plans’ 50k account to demonstrate these differences. After, we’ll explore each plan in more detail to further help you decide which one is best for you (as well as cover their “instant funding” plan).

Starter Starter plus Expert
Profit Target $3K $3K $4K
Max Position 3 Contracts 3 Contracts 5 Contracts
Daily Loss Limit $1.2K x x
Max Drawdown $2.5K $2K $2K
Drawdown Mode EOD EOD EOD
Activation Fee x x x
Consistency in Eval x 50% x
Consistency in Funded 40% x x
Scaling Rule x
Cost after code Iman $92 $121 $216

What are the major differences?

The biggest difference is how easy the evaluations are to pass, the consistency rules for evaluations and funding, the pricing, and the scaling rules. All 3 plans use an end-of-day drawdown, and all 3 plans have no activation fees.

Who should trade the starter plans?

  • By far the easiest and most affordable path to funding in the entire futures prop-firm industry

    • $2,500 drawdown with a $3,000 profit target

    • Just $92 for the 50k account

Who should trade the expert plans?

  • An expensive account that is harder to pass in order to have:

    • No scaling rule, consistency rule, or minimum trade days for the evaluation or funded account (for payouts)

…And what about starter plus plans?

The starter plus plan essentially the starter plan but with no daily loss limit or consistency rule for payouts. Below, I have gathered each account’s entire funding model and all payout policies from their website to save you some time. I’m trading through MFFU because I think they’re the best. If I thought there was a better firm, then I’d be trading through that firm. It’s really that simple.

Highest discounted trading plan and active sales

Clicking the image is Iman’s link to MyFundedFutures’ website


Full Breakdown of the Starter Plan - ALL Rules and Policies

The most important information:

  • For the evaluation

  • No minimum trading days or consistency rule (can be passed in 1 day)

  • No max daily loss limits

  • This plan only has a 50k account

  • Once you’re funded

    • Scaling plan

    • 40% consistency rule and 5 minimum winning days for payouts

    • Smaller profit threshold than the expert plans before you are moved to a live account

Parameters Starter 50K
Profit Target $3,000
Maximum Loss Limit $2,500
Daily Loss Limit $1,200
Price $92
Reset $92
Max Contracts 3 minis
Scaling Yes
Consistency 40% (Funded only)
Qualification for Payouts 5 winning days of $100/ possibility of weekly payouts
Withdrawal Limit Up to $1,200 for each payout until 30 winning days or $6,000 in payouts achieved. After the first payout, Maximum Loss Limit moves to $50,100
 

Just to demonstrate “cheaper and easier,” check out this 50k-account comparison;

TradeDay Topstep MyFundedFutures (STARTER)
Trailing max drawdown $2,000 $2,000 $2,500
Profit target $2,500 $3,000 $3,000
Drawdown to profit target ratio 2:2.5 (.8) 2:3 (.67) 2.5:3 (.834)
Activation fee for funding $139 $149 NO ACTIVATION FEE
Cost to get funded on first try $271 $198 $92

As you can see, choosing MyFundedFutures means paying less money to get funded on evaluations that are easier to pass. The starter plan has better drawdown to profit target ratios, better pricing, no activation fees, no consistency or minimum trading day rules unlike other firms, and so much more. Continue for more accounts.


Full Breakdown of the Starter PLUS Plans - ALL Rules and Policies

50k Starter plus100k starter plus150k starter plus
Profit Target$3,000$6,000$9,000
Max Drawdown$2,000$3,000$4,500
Price with code Iman$120.65$253.65$358.15
________________________
EVALUATION RULES
Consistency50%50%50%
Max minis369
Max micros306090
________________________
FUNDED RULES
Micro scaling5:15:15:1
Consistencyxxx
Scaling ruleyesyesyes
________________________
PAYOUT RULES
Minimum days555
Minimum profit per day$100$200$300
Minimum payout$250$250$250

The most important information about the starter PLUS plans

  • For the evaluation

  • 50% consistency rule, so you can technically pass in 2 days

  • All max drawdowns and profit targets are the same as Topstep’s accounts

  • Max daily loss limits (soft breach; you don’t fail the evaluation)

  • Once you’re funded

    • Scaling plan

    • No consistency rule!

    • 50k account is technically the best deal in terms of how much it costs in relation to the funding you’re given. Paying $120.65 with no activation fee for $2,000 drawdown means paying $6.03 for every $100 in funding. That’s an excellent deal.

The Payout Policy for the Starter Plus Plan

50k starter plus100k starter plus150k starter plus
Withdrawal LimitUp to $1,200 for each payout until 30 winning days or $6,000 in payouts achieved. After the first payout, Maximum Loss Limit moves to $50,100Up to $2,400 for each payout until 30 winning days or $12,000 in payouts achieved. After the first payout, Maximum Loss Limit moves to $100,100Up to $3,600 for each payout until 30 winning days or $18,000 in payouts achieved. After the first payout, Maximum Loss Limit moves to $150,100
Live FundingStatic Account with $2,500 in balance. Eligible after 30 winning days or $6,000 in payoutsStatic Account with $3,500 in balance. Eligible after 30 winning days or $12,000 in payoutsStatic Account with $5,000 in balance. Eligible after 30 winning days or $18,000 in payouts
Profit Split90/10 after $10,000 in withdrawals90/10 after $10,000 in withdrawals90/10 after $10,000 in withdrawals

Full breakdown of the expert plans - all rules and policies

Expert 50K Expert 100k Expert 150k
Max Position Size 5 Contracts 10 Contracts 15 Contracts
Max Drawdown $2,000 $3,000 $4,500
Profit Target $4,000 $8,000 $12,000
Daily Drawdown x x x
Scaling Rule x x x
Consistency Rule x x x
Max Daily Loss x x x
Price with code Iman $216 $327 $453
Cost per $100 in funding $10.80 $10.90 $10.01
Minimum Payout $1,000 $1,000 $1,000

The most important information about the expert plans

  • For the evaluation

    • no daily loss limit

    • No minimum trading days or consistency rule (can be passed in 1 day)

    • More expensive with harder drawdown:profit target ratios

  • Once you’re funded

    • No scaling plan (immediate access to max position sizes)

    • No daily loss limit

    • No consistency rule

    • No minimum “winning days” rule

    • VERY high profit threshold

    • The 50k account has a $2,100 buffer. Before you reach it, you can make a one-time 60% withdrawal. For example, if you have $2,000 in profit, you can withdraw 60% of it ($1,200). Remember, the minimum withdrawal amount is $1,000, so your plan needs to be clear on whether to take that first payout before the buffer or to continue trading past it.


Full Breakdown of the Milestone Plan (“instant funding”)

50k100k150k
Profit target$3,000$6,000$9,000
Max drawdown$2,000$3,000$4,500
Max Contracts (minis)369
Max Contracts (micros)91827
Consistency rule20%20%20%
Max daily lossxxx
Drawdown typeEODEODEOD
Reward for hitting profit target$2,000$2,500$3,000
Total reward for passing all 4 phases$8,000$10,000$12,000
Live account given after 4th phase$4,000$5,000$6,000
Price after code Iman$423$527$632
any additional costs / activation fees?xxx

How does the milestone plan work? Think of it like evaluations you get paid to pass.

After you purchase the account (make sure to use code Iman to save some money), you begin with phase 1. These are the following steps and how everything works:

  1. Hit the profit target for the account you chose

  2. Phase 1 is complete, and now you get paid (see “reward for hitting profit target” in the table for how much)

  3. Move onto phase 2 (new account, but same rules, max drawdown, and profit target)

  4. Hit the profit target

  5. Get paid

  6. Move onto phase 3 (new account, but same rules, max drawdown, and profit target)

  7. Hit the profit target

  8. Get paid

  9. Move onto phase 4 (new account, but same rules, max drawdown, and profit target)

  10. Hit the profit target

  11. Get paid

  12. Now, you get funded on a live account through the firm (for specific amounts, see “live account given after 4th phase” in table)

Sooooo…. basically;

The milestone plan is essentially just getting paid to pass an evaluation. If you pass phase 1, you get a payout, and then you go to the next phase. There are 4 total phases, and you can get a payout after passing each one. However, if you fail a phase, it’s over. If you pass all 4 phases, you are then funded on a live account through the firm. If you’re into instant funding, nobody does it better than Purdia Capital. Click here to read my review and full guide on them (they also offer traditional evaluations).

Pros and cons, who is this best for, and my general assessment

Since the accounts have the same drawdowns and profit targets as Topstep, this can be enticing to those who pass evaluations but don’t reach payouts. However, the price is reflective of this, so traders need to be smart. There is a 20% consistency rule, meaning one day’s profit can’t exceed more than 20% of the total profits. For example, the 50k account has a $3,000 profit target. If you wanted to make exactly $3,000 and pass in 5 days, then you’d need to make $600 on all 5 days (because 600 is 20% of 3000). Additionally, the 100k and 150k accounts mean you’re missing out on quite a bit of profit when you pass the phase. The target is $6,000, and you get paid $2,500 when you pass. Most people would be better off just trading an expert account at that point. In that regard, the 50k account seems to be the most enticing. Getting paid $2,000 to hit a $3,000 profit target on a sim account (up to 4 times!) is a pretty interesting deal.


Rules you need to follow + general information for MFFU

  • Account activity rule

    • MyFundedFutures requires 1 trade minimum per week to keep all funded accounts open

      • They say to reach out to them if you are unable to meet that requirement (like if you are about to go on vacation)

      • Check the graphic on the milestone plan for its own unique activity rules

  • Scalping policy

    • Trades on the Nasdaq need to be 5 or more points

    • Trades on the S&P 500 need to be 2 or more points

    • A few break even or small trades is fine. It only becomes an issue if ALL your trades are small scalps. Some people shockingly misinterpret this as not being allowed to move your stop to breakeven.

    • Click here to see their website’s up-to-date policy on scalping

  • Discounts and Coupons for MyFundedFutures

    • Iman will always update to the best available discount for evaluations and resets. That includes all special sales as well as standard discounts regardless of the payment method you choose to use.

  • Available trading platforms

    • NinjaTrader

    • Tradovate

    • TradingView

    • Quantower

    • Volumetrica

    • Volsys/Volbook

    • ATAS

If you’d like to join my free Discord server just for prop-firm traders to discuss firms, trading, or anything else, then click here! I’d love to have you join. I do announcements when MFFU does any special sales or changes.

RISK AND AFFILIATE DISCLOSURE - Never risk money you can’t afford to lose!

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Most traders do not succeed. The links on this site are primarily affiliate links, which financially supports me at no extra cost to you. I partnered with multiple firms, because I don’t see 1 firm that has it all. Not being exclusive to one firm also helps to reduce bias, because I’m partnering with the firms that I think are the best.

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Purdia Capital - LIVE Instant Funding / No Evaluation