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My Funded Futures: Comparing Flex, Rapid, and Pro Accounts

[HPP] Ed SimFebruary 16, 202616 min
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My Funded Futures Overview

  • πŸ’‘ My Funded Futures (MFF) is a successful prop trading firm that launched in the futures space in 2023, known for its fast and often instant payouts.
  • βœ… The firm is praised for its professionalism and lack of issues reported by traders, offering a reliable platform for futures trading.
  • 🌐 For the latest deals and detailed comparisons, the speaker recommends checking their website, cft.ca, which is regularly updated with promo codes.

Understanding Account Types

  • 🧩 My Funded Futures offers three distinct account types: Flex, Rapid, and Pro, each with varying rules for evaluation, funding, and payouts.
  • πŸ“ˆ The path to a full live account differs significantly: the Flex and Pro plans require 100K in total payouts or five consecutive payouts, while the Rapid plan moves to live after only 10K in payouts.
  • ⚠️ A common challenge is the complexity and varying rules across these plans, making it crucial for traders to understand the specifics of their chosen account.

Rapid Plan: Speaker's Recommendation

  • πŸš€ The speaker highly recommends the Rapid plan due to its ability to pass quickly (in two days), daily payout eligibility, and a higher 90% profit split.
  • πŸ’° With the Rapid plan, traders can be moved to a live account fastest after accumulating 10K in payouts, with no cap on withdrawal amounts per request (up to 10K).
  • πŸ“‰ A key distinction for the Rapid plan is its trailing drawdown in the sim-funded stage, unlike the end-of-day drawdown in Flex and Pro plans.

Flex and Pro Plan Details

  • πŸ’Έ The Flex plan is the most affordable option but comes with specific limitations, including a 50% requestable profit and payouts every five days.
  • πŸ—“οΈ The Pro plan features an initial 14-day waiting period for the first payout and an 80% profit split, requiring 100K in payouts to transition to a live account.
  • πŸ“Š Both the Flex and Pro plans maintain an end-of-day drawdown during the sim-funded phase, which some traders prefer over a trailing drawdown.

Key Features & Considerations

  • πŸ”„ Traders can manage up to five accounts across any plan types, though these are typically merged into a single live account upon transition.
  • 🏦 My Funded Futures facilitates instant payout approvals and offers alternative withdrawal methods like Wise for those unable to use Rise.
  • 🏷️ Frequent promotional offers are available, often providing significant discounts (e.g., 20% off Rapid, 50% off Pro plans) which vary by account type and timing.
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Transcript61 segments

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What’s Discussed

My Funded FuturesProprietary Trading FirmsFutures TradingAccount TypesTrading RulesPayoutsFlex PlanRapid PlanPro PlanSim Funded AccountsLive AccountsTrailing DrawdownEnd-of-Day DrawdownProfit SplitTrader Evaluations
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