MyFundedFutures: The #1 Prop Firm - Full Guide/Review
MyFundedFutures is currently the cheapest and easiest path to funding in the entire prop-firm industry; all while being the gold standard for payout speed and customer service! Each of their trading accounts has unique variations (like starter vs expert), and this site will show you which one is best for you along with all of the evaluation and funding policies. Be sure to automatically get the highest available discount by clicking and using code Iman. You’ll need to pay via bank transfer to get the standard discount (if there’s no sale going on), but using my code if you’re paying with a card is still appreciated. Thank you. Let’s get started.
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 of a reset | $100 | $49 | $80 |
| Cost to get funded on first try | $271 | $198 | $76 |
| Cost to get funded on third try | $471 | $296 | $228 |
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 that we’ll cover below. Even if it takes you 3 tries, you’re still saving $68 compared to Topstep. That’s a great deal. So, let’s see how their different plans compare against each other (like which ones are easier to pass and get payouts).
MyFundedFutures’ starter vs starter plus vs expert trading plans
MFFU has three different versions of their 50k, 100k, and 150k trading accounts. These 3 versions (“plans”) have very different policies, so let’s take a look at just some the most important differences. After that, we’ll explore each plan in more detail to further help you decide which is best.
| 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 | $76 | $114 | $157 |
Which plan should you choose?
We’ll break down each plan and their unique payout policies even more after this. Personally, I exclusively trade the expert plans, but I would’ve used the starter plans in the beginning/middle of my prop-firm journey. Go with the starter plan unless you can take advantage of the expert plan’s better payout policies. Expert plans are harder to pass and more expensive, but payouts are far easier. Starter plans are cheap and easy to pass with just a couple of rules for getting payouts. 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. Below, I’ve gathered the most important information on each of the trading plans (including the newer plans).
Starter plans - evaluation parameters and payout policies
| Parameters | Starter 50K | Starter 100K | Starter 150K |
|---|---|---|---|
| Profit Target | $3,000 | $6,000 | $9,000 |
| Maximum Loss Limit | $2,500 | $3,500 | $5,000 |
| Daily Loss Limit | $1,200 | $2,400 | $3,600 |
| Price | $80 | $150 | $220 |
| Reset | $80 | $150 | $220 |
| Max Contracts | 3 minis | 6 minis | 9 minis |
| Scaling | Yes | Yes | Yes |
| Consistency | 40% (Funded only) | 40% (Funded only) | 40% (Funded only) |
| Qualification for Payouts | 5 winning days of $100/ possibility of weekly payouts | 5 winning days of $200/ possibility of weekly payouts | 5 winning days of $300/ 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 | Up 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 $100,100 | Up 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 |
The most important information about the starter plans
For the evaluation
No minimum trading days or consistency rule (can be passed in 1 day)
Max daily loss limits (soft breach; you don’t fail the evaluation)
Cheapest and easiest path to funding in the entire industry
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
Expert plans - evaluation parameters and rules
| 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 |
| Minimum Payout | $1,000 | $1,000 | $1,000 |
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.
The new “milestone” plan explained in two minutes
Their new plan is a type of instant-funding. The video below explains everything in just 2 minutes. It’s completely going away at the end of November, so make sure to grab some accounts before that happens (if you like this model). Code Iman gets you a special 10% off deal just for this plan.
Notes and important rules to remember
Account activity
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
Iman will always update to the best available discount (if there is one) for evaluations and resets. However, they recently changed it so that only paying via bank transfer gets you the standard 5% discount. This was obviously done to save money on the high fees that come from using credit cards. So, if you want that extra discount, use a bank transfer with the routing and account number. It’s actually very easy to do if you’re unfamiliar with how that works. Regardless, using my code is greatly appreciated.
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
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.