My Funded Futures has recently implemented several notable changes across its evaluation and funded account tiers, which could impact both new and existing traders. Here’s a breakdown of the key changes and how they compare to competitors like Alpha Futures and Lucid Trading.
25K Evaluation (Rapid Evaluation)
50K Evaluation (Rapid Evaluation)
100K Evaluation (Rapid Evaluation)
150K Evaluation (Rapid Evaluation)
These fee reductions may attract more traders looking for cost-effective options, especially when compared to competitors like Alpha Futures, which boasts a high Trustpilot rating of 4.9, and Lucid Trading at 4.8.
A significant shift in payout rules has been noted across several funded accounts:
For the 25K, 50K, 100K, and 150K funded accounts, the requirement for buffer clearance has changed from no to yes. This means traders will now need to maintain a certain buffer before requesting payouts, potentially affecting cash flow.
Additionally, the minimum profitable days before payout has been set to 2 for the 50K Builder accounts, which could add a layer of complexity for those looking to withdraw earnings quickly.
There have also been reductions in contract limits across various tiers:
This tightening of contract limits may restrict trading strategies for some traders, especially those who prefer higher leverage.
My Funded Futures has introduced new evaluation and funded tiers at the 25K level:
These new tiers provide additional options for traders looking to start with smaller capital, but they also come with restrictions such as temporary trading limits on certain contracts.
The recent changes at My Funded Futures reflect a strategic shift aimed at attracting more traders while implementing stricter payout and contract limits. While the reduced fees are appealing, the new buffer requirements and contract limitations may pose challenges for some traders.
In comparison, firms like Alpha Futures and Lucid Trading maintain high ratings and may offer more favorable conditions for traders seeking flexibility. As always, traders should carefully evaluate these changes against their trading strategies and risk tolerance.