Overview:
My Funded Futures (MFFU), part of the “Funded Futures Family” (FFF), aims to provide futures traders with a clear path to simulated funded accounts through various evaluation programs. They emphasize transparency in their rules and offer support for multiple trading platforms. The company was established to cater to the growing demand for futures prop trading.
Key Points:
- Account Sizes (Simulated): Evaluation accounts typically range from $50,000 to $250,000.
- Year Started: Specific founding year not readily available on their website.
- Minimum Evaluation Days: 1-Step Evaluations: 2 days (Classic), 1 day (Elite/Premiere); 2-Step Evaluations: Generally no minimum day requirement per phase but other conditions apply.
- Maximum Accounts: Up to 5 Sim-Funded accounts per household, 1 Live Funded account per household (can scale up).
- Restricted Countries: Includes OFAC-listed countries (e.g., Cuba, Iran, North Korea, Syria, Russia, specific regions of Ukraine) and others based on payment processor restrictions.
- Straight to Funded: No, all paths involve an evaluation (1-Step or 2-Step).
- Swing Trading: Allowed by approval only in the Live Trading Program, with specific equity and contract size rules. Generally not permitted during evaluation or in Sim-Funded accounts without express permission.
- Trading Platforms: NinjaTrader (free license during eval), Tradovate, TradingView, Quantower, Volumetrica, ATAS, and others.
- Profit Split: 100% of the first $10,000 (Sim-Funded), then 90/10. Transition to Live Program after meeting specific criteria (e.g., $100,000 profit cap in Sim or 4 payouts).
Product Table (Example Evaluation Programs):
| Program Type | Account Size | Profit Target (Phase 1/Total) | Max Drawdown (Type) | Min Eval Days (Per Phase/Total) | Reset/Subscription Fee (Example) |
|---|---|---|---|---|---|
| 1-Step Classic | $50,000 | $3,000 | $2,500 (Trailing) | 2 | ~$175 (Monthly) |
| $100,000 | $6,000 | $3,500 (Trailing) | 2 | ~$300 (Monthly) | |
| $150,000 | $9,000 | $5,500 (Trailing) | 2 | ~$425 (Monthly) | |
| 1-Step Elite | $50,000 | $4,000 | $2,000 (EOD Trailing) | 1 | ~$250 (Monthly) |
| $100,000 | $7,000 | $3,000 (EOD Trailing) | 1 | ~$400 (Monthly) | |
| $250,000 | $15,000 | $6,000 (EOD Trailing) | 1 | ~$700 (Monthly) | |
| 2-Step Premiere | $50,000 | P1: $3,000 / P2: $3,000 | $2,500 (Static DD from initial balance for P1, $1,000 daily for P2) | No min days, specific rules apply | ~$200 (One-Time) |
| $100,000 | P1: $6,000 / P2: $6,000 | $5,000 (Static DD from initial balance for P1, $2,000 daily for P2) | No min days, specific rules apply | ~$350 (One-Time) |
Note: Fees and parameters are examples and subject to change. “DD” means Drawdown. “EOD” means End-of-Day. Static DD means it doesn’t trail.
Pros:
- Generous profit split (100% of first $10k, then 90%).
- Wide range of supported trading platforms with free NinjaTrader license during evaluation.
- Multiple account types (1-Step, 2-Step) with varying rules to suit different trading styles.
- Clear progression path from Sim-Funded to Live Funded accounts.
- Active community and generally transparent rules available in their extensive help center.
Cons:
- Year of establishment is not clearly advertised.
- Swing trading in Live accounts is subject to approval and specific conditions, potentially limiting for some strategies.
- Maximum of one Live Funded account per household might restrict some professional setups, though scaling is possible.