When evaluating prop-trading options, FTMO and My Funded Futures stand out—but serve somewhat different trader profiles. FTMO is known for its multi-asset support (forex, commodities, indices, crypto), established track record, and structured two-phase evaluation. Meanwhile, My Funded Futures is more futures-focused, offers a one-step evaluation model and more flexible entry for certain traders—though with a shorter history.
In this comparison, we’ll explore how FTMO and My Funded Futures differ across costs, evaluation rules, payout structure, and risk controls—so you can determine which aligns best with your trading style and goals.
- What Is FTMO?
- Pros
- Cons
- See All 15 Items
What Is FTMO?
The idea for FTMO started with a 2015 project in Prague, Czech Republic, called Ziskejucet.cz. After securing funding in 2017, Otakar Suffner, CEO, and Marek Vasicek, Chief Technology Officer, launched FTMO as it is today.
Suffner and Vasicek began FTMO after recognizing a need among traders for improved discipline, better feedback, and more capital. They built FTMO to benefit traders and educate them, even if they don’t pass the evaluation.
Pros
- Free trial
- 80% to 90% profit split
- Automatic scaling
- 24/7 customer support
- Access to performance coaches
Cons
- Two-step evaluation
- High evaluation fees
- Minimum trading days
What Is My Funded Futures?
Matthew Leech founded My Funded Futures in September 2023 after starting My Funded FX in June 2022. My Funded Futures is a Dover, Delaware, company focused on futures trading. It receives strong reviews because its sister company is prominent among forex prop firms.
My Funded Futures is for beginning and experienced traders looking for a single-stage evaluation to start trading quickly with someone else’s money. Once you pass the evaluation, you trade in a simulated account. You get funded in a live account if you consistently trade over 30 winning days.
Pros
- Potential one-day evaluation
- Keep the first $10,000 earned
- 90% profit split
- No activation fee
- Flexibility in Expert account
Cons
- Consistency rules
- Restricted trading styles
- Transition to a funded account
>> Compare top prop trading firms
Side-by-Side Comparison
Here's a side-by-side comparison table for FTMO vs. My Funded Futures:
| Feature | FTMO | My Funded Futures |
|---|---|---|
| Funding Options | Up to $2,000,000 | Up to $150,000 |
| Profit Split | 80% - 90% | 80% up to $10,000; 90% after $10,000 |
| Pricing | Challenge fee varies; e.g., $10,000 for $200,000 account | Starts at $97 for the $50,000 account |
| Evaluation Process | Two-step process: Challenge + Verification | One-step evaluation |
| Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader | NinjaTrader, Tradovate, TradingView, others |
| Scaling Plans | Yes, based on performance | Yes, based on performance |
| Account Reset Options | Available with a fee | Available with a fee |
| Payout Frequency | Monthly | After achieving profit targets, frequency varies |
| Leverage | Up to 1:100 for CFDs; 1:1 for Futures | 1:1 for futures trading |
| Risk Management | Specific daily loss limits and drawdown rules | Specific daily loss limits and drawdown rules |
| Trading Styles Allowed | Scalping, day trading, swing trading, EAs/Bots/Algos | Scalping, day trading, swing trading |
| Customer Support | 24/7 support via chat and email | Limited support; primarily online resources |
| Mobile App | Yes | No information available |
| Trial Accounts | Free trial available | No information available |
Key Differences:
- Funding Potential: FTMO offers a higher funding ceiling, providing up to $2,000,000, whereas My Funded Futures caps funding at $150,000.
- Profit Split: My Funded Futures offers 100% of profits up to $10,000 and 90% thereafter, which can be more favorable for traders in the initial profit stages. FTMO's profit split ranges from 80% to 90%, depending on performance.
- Pricing: FTMO's pricing is based on the challenge size, with fees varying accordingly; for example, a $10,000 fee for a $200,000 account. My Funded Futures offers a more straightforward pricing model, starting at $97 for a $50,000 account.
- Evaluation Process: FTMO requires a two-step evaluation process, which may provide a more thorough assessment but takes longer. My Funded Futures offers a one-step evaluation, allowing traders to get funded more quickly.
- Trading Platforms: FTMO supports MetaTrader platforms and cTrader. My Funded Futures supports NinjaTrader, Tradovate, TradingView, and others, offering a broader range of platform choices.
- Leverage: FTMO provides leverage up to 1:100 for CFDs and 1:1 for futures, allowing for potentially larger positions. My Funded Futures offers 1:1 leverage for futures trading, aligning with conservative risk management practices.
- Payout Frequency: FTMO offers monthly payouts, providing regular access to profits. My Funded Futures' payout frequency depends on achieving profit targets, which may vary.
- Trading Styles Allowed: FTMO permits a wide range of trading styles, including the use of Expert Advisors (EAs), bots, and algorithmic trading. My Funded Futures allows scalping, day trading, and swing trading.
- Customer Support: FTMO provides comprehensive support through chat and email, ensuring traders have assistance when needed. My Funded Futures offers limited support, primarily through online resources.
Both FTMO and My Funded Futures offer unique advantages. FTMO is suitable for traders seeking higher funding, a structured evaluation process, and automated trading strategies if you're outside the U.S. My Funded Futures is ideal for those preferring a quicker path to funding, straightforward profit-sharing terms, and a variety of trading platforms.
Comparing FTMO vs. My Funded Futures
Overviews of FTMO vs. My Funded Futures can help you see the differences between each prop trading firm. However, the details might tell you whether the FTMO prop firm or My Funded Futures is for you. Read about the features, payments, pricing, trading platforms, and funding programs to decide which one meets your trading goals.
Features
FTMO offers traders features to help them improve their trading skills. Once you prove yourself in the FTMO challenge, you can trade accounts from $10,000 to $200,000. FTMO also offers a free trial and tools for strategy planning, market analysis, account review, etc.
The program is known for its trading education through the FTMO Academy. FTMO welcomes any legitimate trading style and offers 24/7 client support.
My Funded Futures is known for its flexible evaluation. It offers a one-step challenge to getting funding with no minimum or maximum trading days to complete the evaluation. Account sizes range from $50,000 to $150,000, catering to new and seasoned traders.
You can trade futures across commodities, energy, equity indexes, foreign exchange, and interest rates, but My Funded Futures prohibits automated trading, scalping, and news trading. Customer support is available through live chat, a database of answers to FAQs, and the My Funded Futures Discord community.
Payments
FTMO accepts payment by bank wire transfer, credit or debit card, cryptocurrency, Skrill, or PayPal. However, bank wire transfers from Cuba, Sudan, Ukraine, or Venezuela are not allowed.
Once you are funded, FTMO offers a standard 80/20 profit split. However, if you meet FTMO’s scaling plan criteria – consistently earning a 10% profit over four months – you get to keep 90% of your earnings. The FTMO payout is processed biweekly each month.
You can pay your subscription to My Funded Futures by credit or debit card, an Automated Clearing House (ACH) transfer, or cryptocurrency. With My Funded Futures, you get to keep the first $10,000 you earn in profit and then get 90% of profits. You can request a payout every five winning days.
Pricing
On FTMO, you pay a one-time fee that gets refunded if you pass the two-step evaluation. You can purchase account sizes of $10,000, $25,000, $50,000, $100,000, and $200,000 across three account types – Standard, Aggressive, and Swing – that vary by profit targets and risk limits.
The one-time fee for each size is €89, €250, €345, €540, and €1,080, respectively. FTMO also charges commissions on trades.
My Funded Futures offers three account sizes: $50,000, $100,000, and $150,000. It charges monthly across two plans, Starter and Expert, and charges a one-time fee for its Milestone plan.
The monthly fees for the Starter plan are $80, $150, and $220. Under the Expert plan, the three accounts cost $165, $265, and $375 per month. The one-time fee for each level of account in the Milestone plan is $445, $555, and $665.
Trading Platforms
FTMO supports four trading platforms: MetaTrader4 (MT4), MetaTrader 5 (MT5), cTrader, and DXTrade. MT4 is a popular choice among forex traders and MT5 has been widely adopted among algorithmic traders in forex. The cTrader platform offers charting tools and fast trade execution, while traders use DXTrade to trade multiple assets.
My Funded Futures offers trading in only one asset: futures. However, it supports several trading platforms and software to accommodate its customers' trading styles and preferences. On My Funded Futures, you can use NinjaTrader, Tradovate, TradingView, Quantower, Volumetrica, Volsys/Volbook, and ATAS.
Funding Programs
FTMO has a two-step evaluation: FTMO challenge and verification. To earn a prop trading account, you must meet the objectives of a profit target, maximum daily loss, maximum loss, and balance and trade for at least four days, although not consecutively.
The second phase verifies your performance and consistency. FTMO also verifies your identity – you’re at least 18 without sanctions and a record of financial crimes. All trading is done in a simulated environment.
On My Funded Futures, you’re evaluated on consistency and meeting a profit target. You can pass the one-step challenge in as little as one day. You then get funded and trade in a simulated account called a Sim Funded Account. A risk team monitors your progress and once the team believes you’re ready, you are moved to a Live Funded Account. There is no set time before the move.
Which Works for You? FTMO vs. My Funded Futures
FTMO and My Funded Futures rank among the top prop trading firms but differ in many ways. Knowing how the two prop trading platforms differ can help you see how one might better align with your trading goals. Choose FTMO if you value reputation, diverse market access, and a robust scaling plan. Opt for My Funded Futures if you prioritize simplicity, futures trading, and quicker funding opportunities.
Frequently Asked Questions
Does My Funded Futures pay out?
Yes, My Funded Futures does pay out traders who meet its requirements. According to its payout policy, traders can request withdrawals as soon as they have 5 winning days for certain plans, and most payout requests are approved instantly or within 6-12 business hours.
Does FTMO allow futures trading?
Yes, futures trading on FTMO is allowed through contracts for difference (CFDs) – agreements for sellers to pay buyers the difference between an asset’s current price and its closing price.
Which is better than FTMO?
FTMO is a well-known prop trading firm. However, depending on your trading goals, you might find several alternatives, including My Funded Futures, The Trading Pit, Topstep, and Fidelcrest.
About Sarah Edwards
Sarah Edwards is a finance writer passionate about helping people learn more about what’s needed to achieve their financial goals. She has nearly a decade of writing experience focused on budgeting, investment strategies, retirement and industry trends. Her work has been published on NerdWallet and FinImpact.
