MyFundedFutures Review 2024: How Does This Futures Prop Firm Stand Out? (2024)

External MyFundedFutures Reviews & Ratings

Site	Rating
TrustPilot
Online Prop Trading	4.5 out of 5

Although a relatively new prop firm, MyFundedFutures has already amassed lots of positive chatter online. MyFunded Futures has an excellent 4.8 out of 5 rating on TrustPilot. Here are some of the most telling reviews I uncovered online:

Patrick Kuijpers

NL

Best rules in the industry

My Funded Futures has the best rules in the industry, and it’s not even close.

I had an issue with trades not opening. They not only fixed the issue after reviewing it but they where fair enough to compensate me for the troubles.

Great rules, great support. All in all a good experience.

Date of experience: January 09, 2024

Team Redac

CH

Jan 1, 2024

Very happy with MFFU

I have been a long-time customer of MFFX (excellent CFDs prop firm) and when they created MFFU, I decided to test their services. Their offer on “Futures” solves many problems compared to the competition (Topstep, Apex, etc.) and is therefore extremely interesting and advantageous. The first asset of MFFU is their support chat (many thanks to Olivier and Dave), very professional and competent. No matter your question, you will have a precise answer. The second advantage is the support for more serious problems by the customer manager (Fytte). We had to resolve a problem together and Fytte was extremely understanding and attentive. Special thanks to Luvai too. Payouts are extremely simple and quick from the moment you verify on Riseworks. Finally, if you follow their Discord, you will be sure not to miss their great promotions. You will also have access to all the information necessary to optimize your trading. In summary, MFFU’s offer is complete and professional.

Date of experience: January 02, 2024

If you feel the need to dive deeper into users’ experiences with the platform, you could consider checking the My FundedFutures Reddit reviews. Since My FundedFutures is a relatively new platform, I was unable to find much useful information about My FundedFutures.

MyFundedFutures Features

Here are the positive features I found with MyFundedFutures:

• Simulated Funds: Provides traders with simulated funds for futures trading, reducing the risk of using personal funds.
• Streamlined Evaluation: Offers a more efficient qualification process for traders. Allowing members to start trading sooner.
• Account Size Options: Offers various account sizes, including Starter and Expert plans. The flexibility of varied plans caters to the diverse needs of experienced traders wanting a higher initial balance, as well as consistent traders looking to leverage other people’s money to profit in the futures markets.
• Profit Sharing: Traders keep 100% of the first $10,000 in profits and 90% thereafter. This is one of the better splits offered in the prop trading industry.
• Futures Contract Variety: Supports trading across a broad range of futures contracts.
• Real Capital Trading: Enables trading with real capital after passing a one-step evaluation and receiving a funded account.

MyFundedFutures Review: The One Step Evaluation

MyFundedFutures has simplified its evaluation to a one-step challenge, distinguishing itself from other firms that typically use two-step processes.

This challenge phase involves a minimum trading day, requiring traders to demonstrate profit generation and risk management skills. Successful traders are then eligible for funding, allowing them to trade with real money and withdraw profits bi-weekly.

The unique aspect is that there’s just one minimum trading day required, and during the challenge, consistency rules are not applicable.

However, in the funded phase, a 40% consistency rule is applied, which means that profits from a single trading day shouldn’t exceed 40% of total profits, but this won’t lead to account termination.

The evaluation has three key requirements:

• Profit Target: This is dependent on account size, such as a $3,000 target for a $50K account. It’s important to note that single trades exceeding 40% of the target do not contribute to this goal.
• Consistency Target: There’s no consistency rule during the evaluation or for Expert plans, but in the simulated trading phase, the consistency rule stands at 40%.
• Daily Drawdown: Unique to MyFundedFutures, there are no daily drawdown limits. Instead, a maximum End of Day drawdown of 3% is set, like a $1,600 limit for a $50K account.

MyFundedFutures Alternatives

If you have read this far in this MyFundedFutures review and have concluded it isn’t the right trading platform for you don’t worry, there are other futures prop firms out there that might be a better fit.

Take Profit Trader is a user-friendly futures prop trading firm offering flexible trading rules and advantageous educational resources. To see how they are setting themselves apart in the funded trading space, check out my Take Profit Trader review.

In this comparing futures proprietary trading firms article, I break down all of the leading futures prop firms.

Final Thoughts

MyFundedFutures presents an intriguing opportunity for futures traders. Its streamlined evaluation process, the attractive profit-sharing model, and the flexibility offered by expert accounts are noteworthy features.

While it focuses exclusively on futures trading and has higher costs for professional traders, the platform’s benefits like multiple account options and connection to an experienced forex prop firm add significant value. For traders looking for a platform that balances risk with potential rewards and offers substantial growth opportunities, MyFundedFutures is certainly worth considering.

Interested in exploring what MyFundedFutures has to offer? Click Here to learn more and take your trading journey to the next level.

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