Starter Accounts
Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Daily Loss Limit | Trailing Drawdown | Price | Discount |
---|---|---|---|---|---|---|---|---|
50K | 5 Contracts | 90%-100% | $3,000 | None | $2,000★ | $100 | No | |
100K | 10 Contracts | 90%-100% | $6,000 | None | $3,000★ | $200 | No | |
150K | 15 Contracts | 90%-100% | $9,000 | None | $4,500★ | $300 | No |
Notice: Resets cost $100 on all Starter accounts. There is a consistency rule and an activation fee of $149 for funded accounts. A scaling rule is mentioned but not explained in detail.
Expert Accounts
Prop Firm | Account Size | Max. Position Size | Profit Split | Profit Target | Max. Daily Loss | Trailing Drawdown | Price | Discount |
---|---|---|---|---|---|---|---|---|
50K | 5 Contracts | 90%-100% | $4,000 | None | $2,000★ | $165 | No | |
100K | 10 Contracts | 90%-100% | $8,000 | None | $3,000★ | $265 | No | |
150K | 15 Contracts | 90%-100% | $12,000 | None | $4,500★ | $375 | No |
Notice: Resets cost the full monthly amount, and there is no scaling rule, consistency rule or activation fee for evaluations and funded accounts.
Prop Firm
Name of the prop firm.
Account Size
Buying power of the account. Example: 50K equals $50,000.
Max. Position Size
The maximum position size of futures contracts (e.g., E-Mini S&P 500) allowed in the prop firm account challenge. Example: 5 Contracts = five futures contracts can be held at any given time.
Profit Split
The percentage of profits a trader can withdraw to his bank account. Example: 90% means the trader can withdraw 90% of the profits.
Profit Target
The defined profit target has to be reached to complete the challenge successfully and get funded. Example: A 50K account needs to get up to $52,000 in order to reach the profit target.
Daily Loss Limit
The daily loss limit value, which is based on the balance of the account on the morning of a trading day. Example: If the account balance in the morning is $53,500 and the daily loss limit is $1,000, then the account should stay above $52,500 on that day.
Trailing Drawdown
There are three types of "trailing drawdown" calculation methods:
End-of-day calculation (★): Whenever the account value at the end of a trading day (EOD) was higher than the value ever before in a challenge, the trailing drawdown value increases. Example: You trade a 50K account with an EOD trailing drawdown of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). After successful trading, you end the day with $1,000 in profits. Your account balance should now always stay above $49,000 ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Real-time intraday calculation (★): Whenever a new account balance high is reached (including unrealized profits), the trailing drawdown level increases. Example: You trade a 50K account with a trailing drawdown live limit of $2,000. At the beginning, the drawdown level is at $48,000 ($50,000-$2,000). You open a position that goes $1,000 into profits intraday (no matter if it is realized or unrealized profit). Now your real-time trailing drawdown moves to $49,000 intraday ($50,000 starting balance + $1,000 profits - $2,000 trailing drawdown).
Note: The drawdown trailing typically ends once the drawdown level reaches the account's initial balance. Example: Initial Balance = $50,000, drawdown amount = $2,000. The trailing of the drawdown amount stops once the account balance reaches $50,000 + $2,000 (EOD or real-time, depending on your prop firm). In some cases, the prop firm adds another $100 to the level. Make sure to check the exact parameters before you start trading.
Static (★): Static Accounts never trail the drawdown value. They remain at the level where you begin. Example: You start at a $100,000 static account with a max loss limit of $625. In the static account, your maximum drawdown level will stay at $99,375 at any given time, independently from your performance.
Profit Split Details of Funded Accounts
Traders can withdraw 100% of the first $10,000 in profits earned in their first funded account with My Funded Futures. Profits exceeding the $10,000 level will be split in the ratio of 90/10, where the trader can withdraw 90% of his profits to the bank account, and My Funded Futures keeps the remaining 10%.
Payout Details and Consistency Rules in Funded Accounts
Payout requests can be sent bi-weekly without minimum trading days or a certain profitable number of days. However, between each payout request, you have to wait 14 days.
The minimum withdrawal amount is $1,000.
My Funded Futures introduced a Buffer Zone, which is $2,000 in the 50K account, $3,000 in the 100K account and $4,500 in the 150K account. As long your profits are within the Buffer Zone, you can only withdraw 60% of your profits. Once you go beyond the Buffer Zone, you can withdraw the regular 90%-100%.
My Funded Futures Expert accounts don’t have a consistency rule.
My Funded Futures Starter Accounts have a 40% consistency rule, where the best day cannot be higher than 40% of total profits. If the best day is higher than 40% of the total profits made, a payout can’t processed.
Example 1: You trade for 10 days. One day, you make $5,000 in profits, and the other nine days, you make $100 in profits. The total profit is 1*$5,000 + 9*$100 = $5,900. Let’s say you want to withdraw the $5,900 now. In this case, the $5,000 profit day represents 84.75% of the profits you want to withdraw, which is above the 40% maximum.
Example 2: You trade 10 days. On your best trading day you make $1,000 in profit, the other nine days are $200 in profit each. The total profit is 1*$1,000 + 9*$200 = $2,800. Let’s say you want to withdraw the $2,800 now. In this case, the $1,000 profit day (your best day) represents 35.71% of the profits you want to withdraw, now below the 40% maximum so that you can process the withdrawal.
During our research, we did not find any details about the specific payout methods like wire and crypto.