My Funded Futures, legally known as My Funded Futures LLC, is an innovative prop firm established in June 2023, headquartered in Texas, USA. With Matthew Leech at the helm as CEO, this firm has swiftly positioned itself as a key player in the trading world, particularly in the futures market. The company’s primary objective is to provide traders with the opportunity to manage capital up to $600,000, allowing them to showcase their trading prowess without risking their own funds.

What Sets MyFundedFutures Apart?

MyFundedFutures stands out in the competitive landscape of prop trading firms for several reasons. It offers a range of tailored plans designed to accommodate different trading styles and goals, focusing on futures, Forex, and stocks. The firm’s emphasis on user-friendly processes, swift funding, and flexible trading conditions makes it an attractive option for both novice and experienced traders.

Company Overview

• Legal Name: MyFunded Futures LLC
• Company Number: 2401134
• Country of Registration: United States
• CEO: Matthew Leech
• Support Email: [email protected]

• Website: MyFundedFutures.com

   

Types of Trading Challenges

MyFundedFutures offers several types of challenges that cater to different trading needs:

• One Phase Challenge: A straightforward evaluation process that allows traders to prove their skills with minimal hurdles.

• Types of Instruments: Traders can engage with Futures, Forex, and Stocks using platforms like Ninjatrader, Trading View, QuantTower, R Trader Pro, Tradovate, and Sierra Chart.

   

Trading Plans and Pricing

1. 50K Starter Plan

• Account Size: $50,000
• Pricing: $100
• Drawdown Type: Balance-Based Drawdown
• Profit Target: 6%
• Payout Period: Every 14 days
• Coupon Code: TRUSTED (20% discount)

• Conditions: Applicable as long as the referral link is used.

   

2. 50K Expert Plan

• Account Size: $50,000
• Pricing: $132
• Drawdown Type: Balance-Based Drawdown
• Profit Target: 8%
• Payout Period: Every 14 days
• Coupon Code: TRUSTED (20% discount)

• Conditions: Applicable as long as the referral link is used.

   

3. 100K Starter Plan

• Account Size: $100,000
• Pricing: $200
• Drawdown Type: Balance-Based Drawdown
• Profit Target: 6%
• Payout Period: Every 14 days
• Coupon Code: TRUSTED (20% discount)

• Conditions: Applicable as long as the referral link is used.

   

4. 100K Expert Plan

• Account Size: $100,000
• Pricing: $212
• Drawdown Type: Balance-Based Drawdown
• Profit Target: 8%
• Payout Period: Every 14 days
• Coupon Code: TRUSTED (20% discount)

• Conditions: Applicable as long as the referral link is used.

   

5. 150K Starter Plan

• Account Size: $150,000
• Pricing: $300
• Drawdown Type: Balance-Based Drawdown
• Profit Target: 6%
• Payout Period: Every 14 days
• Coupon Code: TRUSTED (20% discount)

• Conditions: Applicable as long as the referral link is used.

   

6. 150K Expert Plan

• Account Size: $150,000
• Pricing: $300
• Drawdown Type: Balance-Based Drawdown
• Profit Target: 8%
• Payout Period: Every 14 days
• Coupon Code: TRUSTED (20% discount)

• Conditions: Applicable as long as the referral link is used.

   

Trading Features and Benefits

Profit Target and Scaling

MyFundedFutures allows traders to achieve their profit targets with clear rules and offers scaling options up to $600,000. The scaling process is straightforward, ensuring that traders can increase their capital allocation as they demonstrate consistent performance.

No Daily Loss Limit

One of the standout features of MyFundedFutures is the absence of a daily loss limit. This provides traders with the flexibility to trade without the pressure of hitting a daily cap, allowing them to focus on long-term strategies.

User-Friendly Sign-Up and Funding

The firm has streamlined its sign-up process, enabling traders to get funded in as little as one day. This quick turnaround is ideal for traders eager to start trading with capital immediately.

Generous Payout Structure

MyFundedFutures promises that the first $10,000 of profit is entirely the trader’s to keep. After this initial amount, the profit is split 90/10, with 90% going to the trader. Payouts are processed within 24 hours after a 14-day period, providing traders with prompt access to their earnings.

Supported Platforms and Instruments

Traders at MyFundedFutures can use various platforms to execute their trades, including:

• Ninjatrader
• Trading View
• QuantTower
• R Trader Pro
• Tradovate
• Sierra Chart

These platforms offer access to a wide range of trading instruments, including Futures, Forex, and Stocks.

Trading Conditions and Rules

No Free Trials

Unlike some other prop firms, MyFundedFutures does not offer free trials. This policy ensures that only serious traders who are ready to commit to the process participate.

No Trading Competitions

MyFundedFutures focuses on individual trader performance rather than organizing trading competitions. This approach ensures that traders are evaluated based on their skills rather than their ability to compete in a high-pressure environment.

Micro Scaling

The firm’s top-tier plans include micro scaling, which allows traders to scale their trading operations gradually. This feature is particularly beneficial for traders who prefer a more measured approach to increasing their trading volume.

No Consistency Rules

MyFundedFutures does not impose consistency rules for both challenge and sim-funded accounts. This flexibility allows traders to adapt their strategies as needed without being penalized for varying their trading approach.

MyFundedFutures Support and Resources

24x7 Customer Support

MyFundedFutures provides round-the-clock customer support to ensure that traders have access to help whenever they need it. The average response time for support queries is under 100 seconds, making it one of the fastest in the industry.

Trader Dashboard

The MyFundedFutures dashboard is a powerful tool that allows traders to monitor their performance, track their progress, and manage their accounts. The dashboard provides insights into various metrics, such as:

• Best and Worst Trades
• Average Wins and Losses
• Trade Count, Contracts, and Win Rate
• Profit Factors and Net Profit/Loss
• Target Profit and Current Equity

These metrics are refreshed daily, allowing traders to stay informed about their trading performance and make adjustments as needed.

KYC and AML Policies

MyFundedFutures is committed to ensuring the security and compliance of its platform. The firm has implemented strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are mandatory for all users who request payouts.

Required Documents for KYC

To verify your identity, MyFundedFutures requires the following documents:

• Proof of Identity (PoI): Passport, National Identity Card, or Driving License.
• Live Selfie/Recording: A live selfie or recording showing your face, matching the PoI document.
• Proof of Address (PoA): Recent bank statement, utility bill, or government-issued correspondence.

These documents ensure that all users are verified, enhancing the security and trustworthiness of the platform.

Conclusion

MyFundedFutures is a prop firm that offers traders an excellent opportunity to manage significant capital without risking their own funds. With a range of trading plans, flexible conditions, and a strong support system, MyFundedFutures is well-suited to both new and experienced traders looking to make their mark in the trading world.