At MyFundedFutures, we believe that a trader's career hinges on their ability to progress without compromise. Our goal is to support this progression from simulated funding stages to live funding stages, ensuring every trader has the opportunity to succeed.
Introducing the new Starter Account at MyFundedFutures!
The Main Objective: Transition to Live Funding
Our primary objective is to guide traders toward stable income and promote them to a live funding environment. We are confident that our new offering can achieve this goal.
The Starter Plan is designed to nurture a mindset focused on steadily growing the account.
Note: In the evaluation stages there aren't any consistency rules. So, it is said to always be a one-day-pass evaluation.
Benefits of the Starter Account
Easiest Path to Live Funding: We seek consistent traders who can potentially be utilized for proprietary funding methods.
Potential Weekly Payouts: After five winning days, traders can receive payouts. 5 days of $100 (50K account), $200 (100K account), or $300 (150K account).
Daily Loss Limits: These limits ensure you have another day to survive in the markets. Daily Loss Limit does not disqualify your account
Competitive Pricing: We offer a low barrier of entry with some of the most competitive prices in the market.
No Buffer Zone: We are removing the buffer zone concept in our starter plans! As soon as you reach 5 profitable days you are eligible for a payout! Drawdown will move to balance +100 at payout request
Starter Account Parameters
Parameters | Starter 50K | Starter 100K | Starter 150K |
Profit Target | $3,000 | $6,000 | $9,000 |
Maximum Loss Limit | $2,500 | $3,500 | $5,000 |
Daily Loss Limit | $1,200 | $2,400 | $3,600 |
Price | $80 | $150 | $220 |
Reset | $80 | $150 | $220 |
Max Contract | 3 minis | 6 minis | 9 minis |
Scaling | Yes | Yes | Yes |
Consistency | 40% (Funded only) | 40% (Funded only) | 40% (Funded only) |
Qualification for Payouts | 5 winning days of $100/ possibility of weekly payouts | 5 winning days of $200/ possibility of weekly payouts | 5 winning days of $300/ possibility of weekly payouts |
Withdrawal Limit | Up to $1,200 for each payout until 30 winning days or $6,000 in payouts achieved. After the first payout, Maximum Loss Limit moves to $50,100 | Up to $2,400 for each payout until 30 winning days or $12,000 in payouts achieved. After the first payout, Maximum Loss Limit moves to $100,100 | Up to $3,600 for each payout until 30 winning days or $18,000 in payouts achieved. After the first payout, Maximum Loss Limit moves to $150,100 |
Live Funding | Static Account with $2,500 in balance. Eligible after 30 winning days or $6,000 in payouts | Static Account with $3,500 in balance. Eligible after 30 winning days or $12,000 in payouts | Static Account with $5,000 in balance. Eligible after 30 winning days or $18,000 in payouts |
Profit Split | 90/10 after $10,000 in withdrawals | 90/10 after $10,000 in withdrawals | 90/10 after $10,000 in withdrawals |
Activation Fee | None | None | None |
Withdrawal Limitations for Starter Sim Funded Plans
To ensure solid capital standing and a safety net for transitioning to live funding stages, there are limitations on withdrawals:
Account Size | Max Payout after 5 Winning Days |
50K Account | $1,200 |
100K Account | $2,400 |
150K Account | $3,600 |
After accumulating 30 winning days or reaching the maximum payouts in the sim funding stages you will be moved to a live account with even more freedom!
The Scaling Plan: Ensuring Safe Growth
The scaling plan is implemented to prevent over-leveraging and to promote consistent account growth. Known as the Piggy Bank method at MyFundedFutures, it allows you to scale micros, enabling easy partials and daily account growth.
Account Size | 50K Starter Plan | 100K Starter Plan | 150k Starter Plan |
Below $1,000 | 1 mini - 10 micros | 2 minis - 20 micros | 2 minis - 20 micros |
$1,000 - $2,000 | 2 minis - 20 micros | 3 minis - 30 micros | 3 minis - 30 micros |
$2,000 - $3,000 | 3 minis - 30 micros | 4 minis - 40 micros | 4 minis - 40 micros |
$4,000 - $6,000 | - | 6 minis - 60 micros | 6 minis - 60 micros |
Above $6,000 | - | - | 9 minis - 90 micros |
The Starter Plan aims to provide a solid foundation for your trading career. Achieving consistent success for 30 trading days with a starter account will qualify you for a live funding account, marking a significant milestone in your trading journey.
Frequently Asked Question:
Are there any consistency rules in the evaluation?
No, there aren't any consistency rules in the evaluation, the starter evaluation is said to be a one-day pass at all times.
Is scaling rule present in the evaluation?
Scaling rules are not present in the evaluation. But it is present in the Sim Funded stages.
Will hitting the Daily Loss Limit fail my account?
The Daily Loss Limit is said to be a soft-breach and stops you for the trading day to prevent traders from Tilt.
Are there any buffer zones in the Starter Account payout policy?
No, there isn't any buffer zone whatsoever on the New Starter Accounts. You will be able to take withdrawals after reaching 5 winning days as low as $250.
Are there any activation fees?
Our new starter accounts do not have any activation fees.
Can I trade on live and sim at the same time?
No, once you have a live account, you cannot trade on the sim and live environment simultaneously.
If you have any more questions, please contact our customer support team to know more about our program.