My Funded Futures and TradeDay are two p firms focused on futures trading that offer funded accounts after a qualifying evaluation.
While they a similar goal — giving skilled traders access to capital and fit-sharing — they differ in account tiers, fee structures, risk rules, fit-splits, and trader support.
My Funded Futures is newer, with plans aimed at both beginners and experienced traders, emphasizing flexibility in evaluation and platforms.
TradeDay, by contrast, tends to have more established tiers, a subscription-style evaluation model, and stronger educational/community support.
Comparing both helps you decide which one fits your trading style, risk tolerance, and financial constraints.Table of ContentsWhat Is My Funded Futures?sConsSee All 17 ItemsWhat Is My Funded Futures?Headquartered in Dover, Delaware, My Funded Futures works to empower traders by offering funding after a one-step evaluation.
Simply pass the test and you’ll get funded in a simulated environment.
Demonstrate consistency in your performance and begin futures trading with someone else’s money.The company aims to support traders in growing and imving their trading ability.sOne-step evaluation Keep the first $10,000 fit90/10 fit split laterFlexibility with expert accountsConsConsistency rules Low payout frequency Limited customer support and training What Is TradeDay?TradeDay is a prietary trading firm headquartered in Chicago, Illinois.
It’s considered a premier p firm because of its emphasis on education, support, and funding to aid traders in building their skills.TradeDay touts its payout policy as the best in the .
It only has one rule: maintain a minimum fit amount.
Once you that buffer, you can request a payout at any time (with a minimum of $250) and cess it in 24 hours.Traders rave TradeDay’s customer service response and comprehensive resources, which support beginners and experienced traders.sPocket the first $10,000 fit Generous 90/10 fit splitFrequent payouts from the beginningSingle-step cess for fundingConsNo trading after specified releases of data No holding positions overnightHigher fees for bigger account sizes Side-by-Side ComparisonHere's a side-by-side comparison for My Funded Futures vs.
TradeDay: FeatureMy Funded FuturesTradeDayFunding OptionsUp to $150,000Up to $150,000fit Split80% up to $10,000; 90% after $10,00080% up to $10,000; 90% after $10,000PricingStarts at $97 for the $50,000 account$139 activation fee; monthly membership requiredEvaluation cessOne-step evaluationOne-step evaluationTrading PlatformsNinjaTrader, Tradovate, TradingView, othersNinjaTrader, Tradovate, TradingView, JigsawScaling PlansYes, based on performanceYes, based on performanceAccount Reset OptionsAvailable with a feeAvailable with a feePayout FrequencyAfter achieving fit targets, frequency variesDaily payouts after meeting the minimum fitLeverage1:1 for futures trading1:1 for futures tradingRisk ManagementSpecific daily loss limits and drawdown rulesSpecific daily loss limits and drawdown rulesTrading Styles AllowedScalping, day trading, and swing tradingScalping, day trading, swing trading, and algo tradingCustomer SupportLimited support; primarily online resourcesComprehensive support with educational resourcesMobile AppNo information availableYesTrial AccountsNo information availableYes, a free trial account is available Comparing My Funded Futures vs.
TradeDayHere’s a closer look at the similarities and differences between My Funded Futures vs.
TradeDay:InstrumentsThe financial instruments you can trade in might force you to choose between My Funded Futures vs. TradeDay.
Both have several futures available, but My Funded Futures carries a couple more than TradeDay.My Funded Futures allows you to trade in foreign exchange, equity, energy, agricultural, interest rates, and metals futures.
On TradeDay, you’ll find equity, foreign exchange, agricultural, and metals futures.Types of Funding gramsThe funding grams that make up My Funded Futures and TradeDay set them apart from other p firms.Most p trading firms require you to pass a two-step evaluation to get funded, but that’s not true with My Funded Futures and TradeDay.
Each firm has a one-step test to meet specific performance requirements for fit and risk management, and you get funded if you pass.Trading StylesYou may also favor one firm over the other based on your trading style.
My Funded Futures allows scalping and day trading.
You’re permitted the same on TradeDay but are also free to engage in copy and algorithmic trading.Trading HoursThe trading hours on My Funded Futures and TradeDay are similar.
The real difference is in the rules surrounding trading hours.On My Funded Futures, you can place a trade at 6 p.m. on the Globex Open and hold it until the 4:10 p.m. close in New York.
My Funded Futures automatically closes all trades at 4:10 p.m., so there’s no chance of breaching your account.On TradeDay, all open positions must close by the time the market for the specific futures closes – traders can’t hold positions overnight or over the weekend.
The p firm recommends that traders close out their positions 10 minutes before the daily closing to avoid a breach of the rules.TradeDay traders can fail their evaluation if they hold open trades beyond the close.
Funded traders receive a warning within 10 minutes of closing and lose their funded account if they hold open positions into the close.Trading PlatformsRegarding trading platforms, traders to use what they’re most comfortable with.
You may find one of your favorites on both My Funded Futures and TradeDay, along with others that might be worth a try.Both p trading firms support TradingView, Tradovate, and NinjaTrader.
TradeDay offers another option by supporting Jigsaw. If you choose TradingView on TradeDay, you’ll need your license.
You’ll also need a Jigsaw license to use that platform on TradeDay.PaymentsEach p firm has fairly straightforward payment methods, keeping with their apach to supporting traders.Both firms have a short list of payment methods they accept.
With My Funded Futures, traders can pay by wire transfer, crypto, or credit card, while TradeDay users can pay by wire transfer or PayPal.Trustpilot ReviewsBased on user reviews, both My Funded Futures and TradeDay have earned an “excellent” rating on Trustpilot.
However, since the devil is always in the details, these scores deserve a little more scrutiny.My Funded Futures traders posted a rating of 4.7 out of 5.0 based on 1,358 reviews.
The reviews for TradeDay come in right behind at 4.6 out of 5.0.
That said, TradeDay’s rating is based on only 723 reviews, slightly more than half the reviews posted for My Funded Futures.Choosing the Best p Firm for Your NeedsWhen comparing My Funded Futures and TradeDay, both are fairly young p trading firms with solid reputations for supporting traders in building their skills.Un many other p firms, My Funded Futures and TradeDay offer a one-step evaluation for traders to get funding, and both allow you to keep the first $10,000 you earn before sharing fits with a 90/10 split in your favor.
The low barrier to entry and relatively high-fit potential will appeal to traders of all skill levels.Based on this information, you should be able to choose the firm that best fits your trading style and goals.Frequently Asked Questions QDoes TradeDay payout?
AYes, TradeDay does payout, vided you meet their funding and withdrawal rules. QIs My Funded Futures trusted? AYes, My Funded Futures appears to be generally trustworthy.
Many people report being paid and satisfied if you strictly all of its rules and understand the terms. QDoes My Funded Futures payout?
AYes, My Funded Futures does pay out to traders who meet its rules and payout criteria.
Sarah EdwardsSarah Edwards is a finance writer passionate helping people learn more 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.