My Funded Futures is committed to providing traders with increased flexibility for faster payouts. The Scale Plan - Rapid Add-on introduces a daily payout option, enabling traders to access their profits more quickly. Traders can now request payouts on a daily basis, allowing them to realize their earnings as early as day one.
The Scale Plan is no longer offered. For traders with active scale evaluations and funded plans, please see below for information and parameters on the plan.
Evaluation
The evaluation stage for the Scale Rapid Add-on remains consistent with the current Scale Plan. Click here for Scale Plan evaluation rules and parameters.
Simulated Funded Rules
Intra-day Drawdown:
Your maximum loss limit increases based on your account's Equity High - Water Mark.
The maximum loss limit is $2,000, calculated based on your highest equity high, including unrealized profit. Click here for more information regarding intra-day drawdown.
Drawdown on the evaluation stage, remains end of day (EOD).
The maximum loss limit locks at $50,100.
How Does Rapid Add-on Payout Work?
Eligibility for Payout:
Eligible from Day One
Traders can request payout after market close
Required buffer: $2,100
Consistency: None
Payout Frequency: Daily, available after market close refresh
Minimum Payout: $500
Payouts are subject to an 80/20 profit split (80% to the trader, 20% to the firm)
News Trading
No T1 News trading allowed in the simulated funded stage.
Max Contracts
5 minis / 50 micros
Live Account Transition Parameters
Upon reaching a cumulative total of $10,000 in simulated profits, your account will be reviewed by the risk team. This milestone allows the team to assess trading performance and determine suitability for transition to a live account.
Note: Cumulative totals include both profits made and payouts. For example:
A trader earns $6,000 in profits and requests $2,000 in payouts. After the payout, the remaining profit is $4,000. However, the cumulative total remains $6,000. The trader then earns another $4,000, reaching the $10,000 milestone with $8,000 in profit.
Once the transition to a live account is initiated, profits up to $5,000 will be deposited into the live account. Any remaining profits are forfeited.
The risk team may contact a trader at any point during your Sim Funded journey for a transition to a Live account. Any profits on your account(s) will be transitioned, up to the max value per plan. Remaining profits are forfeited.