How to Trade the Big 3 News Events in Prop Firms
CEO Matthew Leech
Date Created 2023
MyFundedFutures
Years In Operation: 2
Date Created 2023
4.9 out of 5 Trustpilot

4.9

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4.9
5% Discount     6% Cashback
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Firm Overview

TRADABLE MARKETS:
Futures
PAYMENT METHODS:
Credit/Debit Card
Credit/Debit Card
Crypto
Crypto
PLATFORM:
ATAS
NinjaTrader
Quantower
TradingView
Tradovate
volbook
volsys
Volumetrica
Available Support Channels:
Discord
Discord
Email
Email
Live Chat
Live Chat
24/7 SUPPORT AVAILABLE
Payout Methods:
ACH

Leverage

Max Contract Size Allowed per Account Size
Scale
3 Contracts
6 Contracts
9 Contracts
Core
3 Contracts
Pro
3 Contracts
6 Contracts
9 Contracts

Commissions

Code Total Cost Round Trip
6A $5.04
6B, 6C, 6E, 6J, 6N, 6S $5.12
NQ, RTY, ES $4.68
HE, LE, ZC, ZS, ZM, ZL, ZW $6.12
M6A, M6E $1.36
MBT $6.04
MNQ, M2K, MES, MYM $1.74
MET $1.00
NKD $6.22
HG, GC, SI $5.02
MGC $2.04
PL $4.02
SIL $2.84
YM $5.58
CL, HO, NG $4.92
MCL $1.80
RB $5.92
QG $2.92
QM $4.32

Consistency Rules

  • Scale, Core, Pro Evaluation Accounts Only – 50%, meaning no single day’s profit can exceed 50% of your total profits.

Firm Rules

  1. News Trading – News Trading is allowed across all Evaluation accounts. News Trading is also allowed on the Scale and Core Plans for Funded Accounts. However, in the Pro Funded Account, there can be no open positions or orders 2 minutes before/after any Tier 1 Data Release.
  2. 2% Price Rule – Trading within a 2% Price Limit of a product is prohibited on Sim Funded and Live Funded accounts. You can find the Price Limits here: https://www.cmegroup.com/trading/price-limits.html
  3. Cross Instrument Trading – Orders that combine different instruments (minis and micros, for example) may execute even if they may exceed the overall limit for an account size, but this is not permitted.
  4. Inactivity Rule – Applies only to Sim Funded Accounts. Require at least one trade every 7 calendar days.
  5. Overnight Trading Rule – Not allowed. All trades can be held until the 4:10pm EST NY Session Close or they will be automatically closed. This will not result in the breach of your account.

Payout Policy

Scale
  • Profit Split – 80/20.
  • Earn up to $11,250
  1. Minimum Winning Days – 5 Winning Days with profit minimums by account size:
    1. $50k – $100 per day.
    2. $100k – $200 per day.
    3. $150k – $300 per day.
  2. Tiered Payout Limits – Maximum withdrawal amount Increases with each successful payout:
Payout$50k$100k$150k
1$1,500$3,000$4,500
2$1,750$3,500$5,250
3$2,000$4,000$6,000
4$2,500$4,500$6,750
5$3,500$5,000$7,500
  • Minimum Withdrawal – $250
  • Max Loss Limit Lock – MLL locks at your Starting Balance + $100 after your first payout.
  • Scaling Rule – Account balance determines how much leverage you can access.
    • $50k –
      • Below $1,000 – 1 Mini / 5 Micros.
      • $1,000-$2,000 – 2 Minis / 10 Micros.
      • $2,000-$4,000 – 3 Minis / 15 Micros.
    • $100k –
      • Below $1,000 – 2 Minis / 10 Micros.
      • $1,000-$2,000 – 3 Minis / 15 Micros.
      • $2,000-$4,000 – 4 Minis / 20 Micros.
      • $4,000-$6,000 – 6 Minis / 30 Micros.
    • $150k –
      • Below $1,000 – 2 Minis / 10 Micros.
      • $1,000-$2,000 – 3 Minis / 15 Micros.
      • $2,000-$4,000 – 4 Minis / 20 Micros.
      • $4,000-$6,000 – 6 Minis / 30 Micros.
      • $6,000+ – 9 Minis / 45 Micros.

KYC

  • Must complete your KYC before you can trade your Sim Funded account.

Restricted Countries

Afghanistan
Afghanistan
Albania
Albania
Algeria
Algeria
Angola
Angola
Bahamas
Bahamas
Barbados
Barbados
Belarus
Belarus
Botswana
Botswana
Bulgaria
Bulgaria
Burkina Faso
Burkina Faso
Myanmar
Myanmar
Burundi
Burundi
Cambodia
Cambodia
Cameroon
Cameroon
Central African Republic
Central African Republic
China
China
Côte d'Ivoire
Côte d'Ivoire
Ukraine
Ukraine
Croatia
Croatia
Cuba
Cuba
Congo (Democratic Republic)
Congo (Democratic Republic)
Ecuador
Ecuador
Ethiopia
Ethiopia
Ghana
Ghana
Hong Kong
Hong Kong
Iceland
Iceland
Indonesia
Indonesia
Iraq
Iraq
Jamaica
Jamaica
Kosovo
Kosovo
Kenya
Kenya
Lebanon
Lebanon
Liberia
Liberia
Libya
Libya
Mauritius
Mauritius
North Macedonia
North Macedonia
Mali
Mali
Mongolia
Mongolia
Montenegro
Montenegro
Mozambique
Mozambique
Namibia
Namibia
North Korea
North Korea
Pakistan
Pakistan
Panama
Panama
Papua New Guinea
Papua New Guinea
Philippines
Philippines
Qatar
Qatar
Romania
Romania
Serbia
Serbia
Senegal
Senegal
Slovenia
Slovenia
Somalia
Somalia
South Africa
South Africa
South Sudan
South Sudan
Sri Lanka
Sri Lanka
Sudan
Sudan
Syria
Syria
Tanzania
Tanzania
Trinidad and Tobago
Trinidad and Tobago
Tunisia
Tunisia
Turkey
Turkey
Uganda
Uganda
Vietnam
Vietnam
Venezuela
Venezuela
Yemen
Yemen
Zimbabwe
Zimbabwe

Frequently Asked Questions

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MyFundedFutures

You can have a maximum of 5 Sim Funded accounts per household. 

Your Maximum Drawdown is trailed to the highest account balance at the end of every trading day. This locks after your first payout at the Initial Starting Balance + $100. Also, note that open equity losses are taken into consideration for breaches of this rule. If your account balance dips below the minimum account balance because of an open position (unrealised losses), your evaluation attempt will still be breached. 

Yes, evaluation accounts can be reset, but there are no resets for Sim Funded accounts. 

Yes, you can copy trade across all account types. 

Provided you meet all the other rules and are within the consistency requirements, you can pass all evaluations in as little as 2 days.

MyFundedFutures Prop Firm Challenges

SIZE:
STEPS:
FIRM
PROFIT TARGET
DAILY LOSS
MAX LOSS
PROFIT SPLIT
PAYOUT FRE.
PRICE
$3,000
None
$2,000
80% i
After 5 Min. Winning Days
$ 120.65
$ 127.00
Month
$6,000
None
$3,000
80% i
After 5 Min. Winning Days
$ 253.65
$ 267.00
Month
$9,000
None
$4,500
80% i
After 5 Min. Winning Days
$ 358.15
$ 377.00
Month
$3,000
None
$2,000
80% i
After 5 Min. Winning Days
$ 73.15
$ 77.00
Month
$3,000
None
$2,000
80% i
Every 14 Days + Meet Buffer Targets
$ 215.65
$ 227.00
Month
$6,000
None
$3,000
80% i
Every 14 Days + Meet Buffer Targets
$ 326.80
$ 344.00
Month
$6,000
None
$3,000
80% i
Every 14 Days + Meet Buffer Targets
$ 326.80
$ 344.00
Month

Price History

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