My Funded Futures is a futures trading firm headquartered in Texas, USA, established in 2022. The company focuses on providing trading capital for traders and is widely recognized for its flexible trading rules and high profit-sharing ratio.

Company Features

• Trading Instruments: Includes stock index futures, forex futures, agricultural futures, energy futures, interest rate futures, metal futures, and cryptocurrency futures. Covers a variety of futures assets including those from the Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and COMEX.
• Maximum Account Balance: $150,000
• Profit Share: 90%
• Fees: Minimum $100 per month, with specific fees varying based on account balance and selected plan
• Supported Platforms: Includes NinjaTrader, R|Trader, Tradovate, TradingView, Quantower, Sierra Chart, Jigsaw Trading, ATAS, and other mainstream trading platforms

Pros and Cons

Pros

• Minimum Trading Days: Only 1 day required, significantly lowering the entry barrier.
• No Daily Loss Limits: Traders can trade freely without end-of-day loss limits.
• Prompt Payment Processing: Profit payments are processed within 24 hours, enhancing capital turnover efficiency.
• Simple Challenge Mode: The evaluation challenge requires only a single step, simplifying the process to obtain funding.
• Loss Limit Updates: Loss limits are updated only at the end of the day, helping traders better manage risk.

Cons

• Lack of Trading Education: The company does not provide systematic trading education resources, requiring traders to obtain this information independently from the internet or other sources.
• Smaller Discounts: Discount offers are smaller compared to other futures-focused firms.

Account Types and Fees

My Funded Futures offers three account balance options:

• $50,000 Account: $80 per month
• $100,000 Account: $250 per month
• $150,000 Account: $375 per month

Special Offer: Use promo code LFT to receive at least a 5% discount.

Leverage and Maximum Contracts

My Funded Futures does not provide leverage services; the account balance represents the buying power. The maximum number of contracts depends on the account balance and profit:

• $30,000 Account: Maximum 1 contract
• $50,000 Account: Maximum 5 contracts
• $100,000 Account: Maximum 10 contracts
• $150,000 Account: Maximum 15 contracts

Profit Sharing

My Funded Futures offers a profit-sharing ratio of 90/10, meaning traders receive 90% of the profits while the company retains 10%. Notably, the first $10,000 of profits belong entirely to the trader, with a 100% profit share.

Account Goals and Rules

Different account types have varying profit targets and maximum drawdown limits:

• Starter Challenge:

  • $50,000 Account: Profit target $3,000 (6%), maximum drawdown $2,500 (5%), maximum daily loss $1,200 (2.4%)
  • $100,000 Account: Profit target $6,000 (6%), maximum drawdown $3,500 (3.5%), maximum daily loss $2,400 (2.4%)
  • $150,000 Account: Profit target $9,000 (6%), maximum drawdown $5,000 (3.33%), maximum daily loss $3,600 (2.4%)

• Expert Challenge:

  • $50,000 Account: Profit target $4,000 (8%), maximum drawdown $2,000 (4%)
  • $100,000 Account: Profit target $8,000 (8%), maximum drawdown $3,000 (3%)
  • $150,000 Account: Profit target $12,000 (8%), maximum drawdown $4,500 (3%)

Supported Platforms

My Funded Futures supports the following major futures trading platforms:

• NinjaTrader: Free license available
• Tradovate: Free license available
• Rithmic R|Trader: Free license available
• TradingView: Free license available
• Quantower
• Sierra Chart
• Jigsaw Trading
• ATAS

Other Considerations

• Automated Trading: My Funded Futures does not permit fully automated trading systems, including high-frequency trading systems (e.g., systems with more than 200 trades per day). However, semi-automated systems are allowed as long as traders can manually monitor and manage trades.
• Free Trials and Discounts: My Funded Futures does not offer free trials but provides a 5% discount with promo code LFT. There are no free repeat opportunities, so traders must strictly adhere to trading rules and effectively manage risk.
• Trading Hours: All trades must be closed by 4:10 PM ET, with no overnight positions allowed on weekends. If positions are not closed within the specified time, the system will automatically close them, and it will not be considered a violation.
• News Trading: Trading during major news releases is not allowed. All positions must be closed 2 minutes before news releases. Positions can be reopened within 2 minutes after the news release. It is important to manage risk carefully when following news release strategies.

Summary

My Funded Futures is a futures-focused firm offering accounts with balances up to $150,000 and a 90% profit share. Traders can obtain funding through evaluation tests, with support for various mainstream trading platforms. The company’s rules are straightforward, making it suitable for traders looking to streamline their trading process and achieve high profit shares.