Note: The $100k and $150k Starter accounts are no longer available.
At MyFunded Futures, we understand that a trader's career hinges on their ability to progress without compromise.
To support this progression from simulated funding stages to live funding stages, we have introduced the Starter Account at MyFunded Futures.
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 the 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. Traders may pass the evaluation in a single trading day.
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, for examples on 5 days of $100 (50K 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: MyFundedFutures offers a low barrier of entry with some of the most competitive prices in the market.
No Buffer Zone: We have removed 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 | $97 | NA | NA |
Reset | $97 | $150 | $220 |
Max Contract | 3 minis | 6 minis | 9 minis |
Scaling | Yes | Yes | Yes |
Consistency | 40% (Funded only) | 40% (Funded only)
* Note: consistency rule resets after each payout. | 40% (Funded only)
* Note: consistency rule resets after each payout. |
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 5 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 5 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 5 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 5 payouts | Static Account with $3,500 in balance. Eligible after 30 winning days or 5 payouts | Static Account with $5,000 in balance. Eligible after 30 winning days or 5 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 are no consistency rules in the evaluation. The starter evaluation is a one-day pass at all times. The 40% consistency rule applies only to the funded stage. Important to note, the consistency rule resets after each payout.
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 of 100/200/300 depending on your account size and maintaining 40% consistency.
Are there any activation fees?
Our starter accounts do not have any activation fees.
What's the minimum amount for requesting a payout?
The minimum amount is $250 for a payout.
Do I need to be net positive in between payout cycles?
Yes, you need to be net positive by at least $500 to request a payout.
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 further questions, please contact MyFundedFutures customer support.
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