Rules to Keep in Mind While Trading with My Funded Futures

Trading with My Funded Futures (MFFU) offers a unique and rewarding opportunity for traders looking to grow their skills and profits without risking their own money. However, like any trading platform, it comes with its own set of rules and policies that are designed to protect both the traders and the firm. By understanding and adhering to these guidelines, you can ensure a successful and sustainable trading journey.

Relaxed Trading Rules

No Maximum or Minimum Evaluation Days

One of the standout features of My Funded Futures is the flexibility it offers traders. Unlike many other prop firms, MFFU does not impose any maximum or minimum evaluation days. This means you can take as long as you need to complete the evaluation phase without feeling rushed or pressured.

Unlimited Trading Days on All Plan Types

Another significant advantage is the unlimited trading days available on all plan types and phases. Whether you're in the evaluation phase or trading with a funded account, you have the freedom to trade at your own pace, making it easier to stick to your trading plan and avoid unnecessary risks.

Quick Funding Opportunities

If you're a skilled trader, you can get funded in as little as one trading day. This rapid transition from evaluation to funded trading allows you to capitalize on your trading strategy without delays.

Your Customizable Rules

No Maximum Request Amount

MFFU empowers traders by allowing them to request up to the full above-buffer profit after just 14 calendar days. This is particularly advantageous for those on the Expert plan, where you have complete control over how much you withdraw.

Profit Withdrawals After 14 Days

After 14 days, you can request your profits, which will be processed in Riseworks within 24 hours. This quick turnaround time ensures you have timely access to your earnings, enhancing your trading experience.

Benefits of Trading with My Funded Futures

Full Profit Allocation Up to $10,000

One of the most compelling benefits of trading with MFFU is the profit structure. Your initial profits, up to $10,000 above the withdrawal threshold, are entirely yours. This allows you to build a substantial profit base before sharing a percentage with the firm.

Generous 90% Profit Split Thereafter

Once you've crossed the $10,000 profit mark, you’ll still enjoy a highly favorable 90% profit split. This is a generous offer compared to many other prop firms, making MFFU an attractive option for traders looking to maximize their earnings.

Advantages of Trading with MFFU

Free Level 1 Data Access

Even after you've been funded, MFFU provides free access to Level 1 data. This ensures that you have all the information you need to make informed trading decisions, without any additional costs.

Flexibility in Payout Requests

MFFU offers unparalleled flexibility when it comes to payout requests. Unlike firms that have set payout days, MFFU allows you to request payouts at any time after the initial 14-day period. Your request is processed swiftly, usually within 24 hours.

Understanding the Payout System

Payout Every 14 Days

MFFU’s payout system is designed to be both fair and efficient. You can request a payout every 14 calendar days, ensuring that your earnings are never tied up for too long.

Minimum Payout Amount: $1,000

To streamline the process, MFFU has set a minimum payout amount of $1,000. This threshold is relatively low, making it easier for traders to access their profits regularly.

Available Payout Methods

MFFU offers a variety of payout methods, including Riseworks and Crypto. This flexibility allows you to choose the method that best suits your needs and preferences.

My Funded Futures Affiliate Program

Overview and Benefits of the Affiliate Program

The My Funded Futures Affiliate Program is an excellent opportunity for those looking to earn additional income by promoting the platform. Affiliates can earn a 12% commission on evaluation and reset fees from traders they refer.

Commission Rates and Promotional Methods

Affiliates are paid monthly, with a minimum payout of $100. Promotional methods include websites, social media, email marketing, and more. However, it's important to note that paid advertising and pay-per-click ads are prohibited.

KYC/AML Policies

Importance of KYC/AML Compliance

To ensure the security and compliance of its services, MFFU has established Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. These are mandatory for all users requesting payouts.

Required Documents for Verification

To verify your identity, you’ll need to provide proof of identity, a live selfie or recording, and proof of address. This thorough verification process ensures the integrity of the trading environment.

Futures Instrument List

Overview of Available Trading Instruments

MFFU provides access to a wide range of futures instruments across different exchanges, including CME, CBOT, COMEX, and NYMEX. This diversity allows traders to find opportunities across various markets.

Trading Hours and Tick Sizes

Each instrument has its own trading hours and tick sizes, which are crucial for traders to understand to optimize their trading strategies.

News Trading Policy

Prohibited News Trading Activities

To protect the integrity of the trading environment, MFFU has a strict news trading policy. Traders are prohibited from engaging in strategies that exploit immediate news bursts, such as straddles or strangles.

Guidelines for Safe Trading During News Releases

Traders should adhere to standard trading protocols during news releases, ensuring no open positions or orders are active two minutes before and after any major data release.

Managing Your Funded Account

Daily Management Tips

Effective daily management is crucial for maintaining a funded account. This includes setting a loss or win limit per day and journaling your trades to reflect on your decisions.

Ensuring Account Longevity

To ensure the longevity of your account, plan your withdrawals thoughtfully and maintain a buffer to manage market fluctuations. This approach helps protect your account and maintain financial stability.

2% Price Limit Rule

Explanation of the Price Limit Rule

MFFU enforces a 2% price limit rule to protect traders from high volatility. This rule ensures that traders do not participate in markets that are within 2% of a CME price limit.

How to Monitor and Comply with This Rule

Traders should monitor the % Net Change for the contracts they are trading to ensure compliance with this rule. This can be done via the trading platform’s quote board.

Platform Connectivity at MFFU

Supported Trading Platforms

MFFU supports a variety of trading platforms, including TradingView, Tradovate, and NinjaTrader. These platforms cater to different trading styles and preferences.

Steps to Connect and Activate Live Data

Connecting to these platforms is straightforward. Traders need to sign agreements for live market data access, after which their accounts will be updated with real-time data.

Who Can Trade with My Funded Futures?

Country Restrictions

MFFU has a list of restricted countries where traders cannot participate. These restrictions are in place due to regulatory and security concerns.

Eligibility Requirements

To trade with MFFU, you must be of legal age and able to verify your identity with KYC documents. Compliance with these requirements ensures a secure trading environment for all participants.

Conclusion

Trading with My Funded Futures offers numerous advantages, from relaxed trading rules to generous profit splits and flexible payout options. However, to fully benefit from these opportunities, it’s essential to adhere to the rules and guidelines set by MFFU. By doing so, you can enjoy a successful and sustainable trading journey, maximizing your profits while minimizing risks.