Apex Trader Funding vs. My Funded Futures

When stepping into the world of funded futures accounts, choosing the right prop firm can make a big difference in how you trade, grow, and profit. Apex Trader Funding and My Funded Futures are two of the leading firms catering to futures traders, but they differ in key areas: evaluation structure, cost, profit split, platforms supported, and rules around drawdowns and payouts.
Whether you value flexibility and high-funding-potential (as Apex emphasizes) or affordability and simplicity in entry (where My Funded Futures excels), understanding the trade-offs will help you pick the firm that aligns best with your trading style and goals.
What Is Apex Trader Funding?
Apex Trader Funding is a proprietary trading firm aiming to take a more customer-centric approach to change the trader payout model among prop firms. The company offers a range of accounts from $25,000 to $300,000, allowing you to choose your trading strategy.
Apex Trader Funding uses a one-step evaluation with realistic targets to help you get to a funded account. Focused on growing and empowering traders, Apex Trader Funding works to foster a community of successful traders.
Pros
- Keep your first $25,000 in profits
- 90/10 profit split later
- Single-step evaluation
- Simple rules
- Free real-time data
Cons
- Can only trade futures
- Limited education
- Limited payment processors
What Is My Funded Futures?
Whether you’re a beginner or experienced trader, My Funded Futures might be the prop firm you’re looking for if you want to trade large positions in the futures market without putting your own money at risk.
My Funded Futures presents an accessible path for beginners and experienced traders to get funded. The prop firm offers funded futures trading if you can successfully demonstrate trading and risk management skills in a one-step evaluation.
Pros
- Keep your first $10,000 in profits
- 90/10 profit split the rest of the way
- Transparent pricing
- An array of supported trading platforms
- Low costs for traders
Cons
- Limited to trading futures
- Lack of educational resources
- Must pay professional data feed costs
Here’s a direct comparison between Apex Trader Funding and My Funded Futures:
Feature | Apex Trader Funding | My Funded Futures |
---|---|---|
Funding Amounts | Accounts ranging from $25,000 to $300,000. | Accounts available at $50,000, $100,000, and $150,000. |
Profit Split | Keep 100% of the first $25,000 in profits; thereafter, a 90/10 split in favor of the trader. | Keep 100% of the first $10,000 in profits; subsequent profits are split 90/10 in favor of the trader. |
Evaluation Process | One-step evaluation with realistic targets and no time limit. | One-step evaluation with no time limit to reach profit targets. |
Trading Platforms | Supports NinjaTrader with Rithmic or Tradovate, among others (14 platforms available). | Offers platforms like NinjaTrader, Tradovate, TradingView, and others. |
Trading Styles | Allows various trading strategies, including scalping, day trading, and swing trading. | Supports scalping, day trading, and swing trading; prohibits high-frequency and fully automated trading. |
Payout Frequency | Bi-monthly payouts via bank wire transfer or ACH. | Payouts are available after achieving profit targets, with frequency varying by plan. |
Pricing | Monthly fees vary by account size; for example, $147 for a $25,000 account on Rithmic. | Monthly fees start at $97 for a $50,000 account under the Starter plan. |
Educational Resources | Provides educational resources, including a free 30-day course and one-on-one coaching. | Limited educational resources are available. |
Data Fees | Offers free real-time data. | Requires payment for professional data feeds. |
In summary, Apex Trader Funding offers higher initial profit retention and supports a broader range of trading strategies, making it suitable for traders looking for more flexibility and higher funding amounts. My Funded Futures provides a straightforward evaluation process with transparent pricing, which is appealing if you’re looking for simplicity and faster funding.
Comparing Apex Trader Funding vs. My Funded Futures
Apex Trader Funding and My Funded Futures are considered premier futures trading prop firms. When comparing Apex Trader Funding vs. My Funded Futures, it helps to take a closer look at what they offer.
Features
Apex Trader Funding allows you to use any trading strategy and trade up to 20 accounts. The platform provides tools to copy and automate trades, trade multiple accounts with a single click, and more. The prop firm also provides educational resources. You can get answers from the help center, through email support, and by telephone from customer service from 9 a.m. to 5 p.m., Monday through Friday.
My Funded Futures allows several types of trading – scalping, day trading, and swing trading – but the prop firm prohibits high-frequency and fully automated trading. You can trade up to 10 live accounts.
My Funded Futures provides trading resources and risk management tools, and the supported trading platforms offer access to analytics and charting tools. A frequently asked questions section provides answers and live chat is available 24/7. However, no telephone support is available.
Payments
At Apex Trader Funding, you can pay for your accounts with Visa, Mastercard, or Discover. The prop firm offers payouts twice a month via bank wire transfer or automated clearing house (ACH).
My Funded Futures primarily accepts credit or debit cards for payments. Payouts depend on your account type. A Starter account allows payouts after five winning days. With an Expert plan, you can request a payout every 14 days. You must sign up for a Rise Works account to receive a payout.
Pricing
Apex Trader Funding provides several funding amounts to choose from, trading on either Rithmic or Tradovate. Here are the monthly fees and capital amounts for a Rithmic account:
- $147 for $25,000
- $167 for $50,000
- $187 for $75,000
- $207 for $100,000
- $297 for $150,000
- $517 for $250,000
- $657 for $300,000
- $137 for a $100,000 static account
On Tradovate, you can pay the same monthly fee as a Rithmic account for each capital amount from $25,000 to $100,000, and the $100,000 static account. However, the monthly fee drops to $167 per month for $150,000 to $300,000 with a Tradovate account.
Once you have passed your Evaluation Account, you pay a fee to move to the paid Performance Account. That fee is $85 per month (or a one-time fee from $130 to $340) for a Rithmic account or $105 per month (or a one-time fee from $150 to $360) for a Tradovate account.
My Funded Futures offers three levels of accounts: $50,000, $100,000, and $150,000. The $50,000 account is available across three plans for a monthly fee. The Starter plan is $97, the Expert plan is $227, and the Starter Plus plan is $127. A fourth plan, the Milestone, is available for a one-time fee of $445.
The Starter plan is not available at $100,000 and $150,000. The Expert plan costs $344 and $477 per month, respectively, and the Starter Plus plan costs $267 and $377 per month, respectively. The respective one-time fees for the Milestone plan are $555 and $665.
You don’t pay an activation fee on My Funded Futures.
Trading Platforms
The preferred trading platform on Apex Trader Funding is NinjaTrader with Rithmic or Tradovate. You have free access to Rithmic RTrader Pro, and Tradovate can only be used on Tradovate web or mobile, TradingView, or NinjaTrader (desktop or mobile).
My Funded Futures supports seven trading platforms, giving traders choices that align with their trading styles. These platforms are NinjaTrader, TradingView, Volsys/Volbook, Tradovate, Volumetrica, ATAS, and Quantower.
Funding Programs
Apex Trader Funding and My Funded Futures feature a one-step evaluation with no time limit. On My Funded Futures, you can reach the trading profit target in one day. The minimum trading days to reach the target profit on Apex Trader Funding is seven.
Once you pass the evaluation at Apex Trader Funding, you move from an Evaluation Account to a live funded account called a Performance Account. You can trade as often or as rarely as you like.
After passing the evaluation on My Funded Futures, you receive a Sim Funded Account. You are required to trade at least once a week. My Funded Futures will monitor your trading for consistency and decide when to move you to a live-funded account.
Apex Trader Funding vs. My Funded Futures: Your Choice
Apex Trader Funding and My Funded Futures are among the top futures funding evaluation firms that traders turn to. Both offer solid opportunities for futures traders to access firm capital, but the right choice depends on your priorities. If you value more flexibility and higher profit potential, Apex may be the better fit; if you want a straightforward, budget-friendly path to funding, My Funded Futures is a strong alternative.
Frequently Asked Questions
A
Yes, My Funded Futures appears legitimate, with many traders reporting successful evaluations and payouts.
A
Yes, Apex Trader Funding is specifically for futures trading. Their programs allow traders to use futures contracts, such as index futures (e.g., ES, NQ), commodity futures (e.g., CL, GC, SI), currency futures, interest rate futures, and other CME/CBOT/COMEX listed futures.
A
Apex Trader Funding’s 30% rule is a risk management guideline stating that your negative profit and loss on all open trades combined must not exceed 30% of your starting-day profit. The rule prevents traders from taking on too much risk that might wipe out their gains.