Key terms at a glance

• Account sizes: $25,000 to $150,000, single-phase evaluation, with profit targets set at roughly 6% ($1,500 on a $25K account, $9,000 on a $150K) — per the firm’s published plan rules, 2026
• Activation fee: $0 on all three current plans (Rapid, Pro, Builder)
• Profit split: 90/10 on Rapid; 80/20 on Pro and Builder
• Drawdown: 4% intraday trailing (Rapid); 3% end-of-day trailing (Pro); $2,000 EOD trailing or $1,500 max-loss (Builder)
• Daily loss limit: none on any plan
• Consistency rule: none on Rapid or funded Pro; 50% on Builder’s sim-funded stage, lifting at live
• Payout frequency: daily on Rapid, 24 hours after the first trade; every 14 days on Pro; every 48 hours on Builder
• Payout mechanics: processed via Rise with a $15 fee per payout; minimum withdrawal $500 (Rapid, Builder) or $1,000 (Pro)

What My Funded Futures actually is

My Funded Futures LLC is a Texas-registered futures proprietary trading firm founded in 2023 by Matthew Leech, who remains chief executive. It sells single-phase evaluations on simulated accounts and, on passing, places traders on a simulated-funded account that can later transition to live capital. Trading runs on Tradovate by default, with NinjaTrader 8, Quantower, R Trader Pro and VolSys also supported.

That structure — sim evaluation, sim funded, then live — is now the standard shape of the US futures prop sector, and the interesting variation between firms is almost entirely in the drawdown mechanics and the payout gates. On both counts My Funded Futures sits at the permissive end.

The firm currently sells three plans. Rapid is the aggressive one: four account sizes, a 4% intraday trailing drawdown, no consistency rule at all, and a 90/10 split with daily payouts available 24 hours after the first trade. Pro trades some of that speed for a gentler floor, running a 3% end-of-day trailing drawdown against an 80/20 split and fortnightly payouts, capped cumulatively at $100,000 before the account moves to live funding. Builder is the smallest and most structured: a single $50,000 account, a 50% consistency rule during the sim-funded stage, $2,000 payout cap per cycle, and five sim payouts before live funding.

Two further plans, Core and Flex, appear in older documentation and are no longer sold to new traders. Core carried a $77 monthly fee, a $5,000 per-cycle payout cap and payouts every five winning days. Flex used a 4% end-of-day static drawdown — the only static floor the firm has offered — with payouts released per $500 of net profit. Traders comparing this firm against archived reviews should check which plan those reviews describe, because the terms differ materially.

The payout picture, and what could not be verified

Payouts are the reason this page exists, so here is what is documented and what is not.

What is documented: payouts run through Rise, the payments infrastructure most US futures prop firms now use, at a flat $15 per withdrawal. Minimums are $500 on Rapid and Builder and $1,000 on Pro. Rapid has no payout cap once the buffer is cleared, which is unusual — most competitors keep a per-cycle ceiling well past the first payout. Builder is capped at a flat $2,000 per cycle and requires five sim payouts before live funding, so the maximum a Builder trader can extract before reaching live capital is $10,000.

What is not documented: the firm does not publish audited payout data. There is no disclosed total paid out, no pass rate, and no independent verification of payout volume. That is not unusual in this sector — Earn2Trade publishing its own 8.89% pass rate is the exception rather than the rule — but it means the payout claims rest entirely on trader testimony.

What conflicts: published processing times do not agree. One widely circulated rules summary states payouts settle in six to twelve business days; another states Rise processes them in 24 to 48 business hours. Both cannot be right, and the firm’s own help documentation is the only authority that should settle it. Any trader selecting this firm specifically for payout speed should confirm the current figure directly before paying an evaluation fee. We could not reconcile the two.

On volume of sentiment rather than volume of payouts, the firm holds a 4.9 out of 5 Trustpilot rating across roughly 17,500 reviews. That is a large sample by prop-firm standards. It is also a channel firms actively solicit, so treat the rating as evidence of scale and of an absence of mass payout failure, not as independent verification of payout terms.

The rules that actually fail traders

Three mechanics deserve attention before anyone pays a fee.

The trailing drawdown follows your high, not your balance. Rapid’s 4% drawdown trails intraday, meaning the floor rises with unrealised profit during the session. A trader who goes $2,000 up on a $50,000 account and gives it back has moved the floor against themselves without ever closing a losing trade. Pro’s 3% end-of-day version is materially safer because the floor only recalculates at the close, which is the same distinction that separates Topstep from Apex.

There is no daily loss limit — and that cuts both ways. No plan imposes one. For a disciplined trader this removes the single most common cause of arbitrary account failure. For an undisciplined one it removes the only circuit breaker between a bad session and a breached account, because the trailing drawdown is then the sole constraint.

The consistency rule applies where it hurts most. Builder’s 50% rule means no single day’s profit may exceed half of total profit at the sim-funded stage. On a $3,000 target that is a hard ceiling of $1,500 from any one session, which effectively bars the news-day windfall that many futures traders rely on. It lifts at live funding, but by then the trader has already had to pass under it. Rapid carries no consistency rule at all, and that difference is the single most important distinction between the two plans.

Restricted jurisdictions are also broad: the firm excludes traders in more than 90 countries, including Iran, North Korea, Cuba, Syria and Russia. Check eligibility before purchase, because evaluation fees are generally non-refundable.

How the terms compare

Term	MFFU Rapid	Apex Trader Funding	Topstep
Profit split	90/10 from the first dollar	100% of first $10,000, then 90/10	Flat 90/10 for members joining after 12 Jan 2026
Drawdown type	4% intraday trailing	Choice of EOD or intraday trailing since 1 Mar 2026	End-of-day trailing
Daily loss limit	None	None	Applies
Consistency rule	None	None on the current structure	None
Minimum days before payout	1 (24h after first trade)	5 qualifying trading days	Varies by account
Payout cap	None once buffer cleared	Ladder applies	Applies early, lifts later

Read across that table and the trade is clear. My Funded Futures Rapid gives up the 100%-of-first-tranche sweetener that Apex still offers, and buys a materially faster payout clock in exchange — one qualifying day against Apex’s five. For a trader who compounds small withdrawals, that is the more valuable term. For a trader who wants the largest possible first payout, it is not. Apex’s ladder has its own ceiling, and Elite Trader Funding caps at $25,000 before live funding against My Funded Futures’ $100,000 on Pro.

Regulatory posture: the bid that is not finished

This is where My Funded Futures differs from almost every competitor, and where traders should read most carefully.

The firm is not currently registered with the CFTC or the NFA. Neither are most of its peers — the US futures prop sector operates almost entirely outside the registration perimeter on the argument that simulated accounts are not customer funds. What makes this firm unusual is that it has moved to change that. Following the collapse of the CFTC’s case against My Forex Funds, which a US court dismissed citing questionable practices in how the agency built it, My Funded Futures began pursuing registration as a fully licensed introducing broker supervised by the NFA and CFTC — reportedly the first application of its kind from a prop trading platform.

The evidence for that bid is a job posting rather than a regulatory filing. It sought a Director of Brokerage Operations to “lead our broker” infrastructure through IB registration and the establishment of supervisory practice. As of that reporting in July 2025, Leech had not responded to questions about the timeline. We could not independently confirm the current status of any application, and traders should assume the firm is unregistered until a BASIC record says otherwise.

Leech is at least publicly identifiable and active, which is more than can be said for several competitors — firm ownership is frequently opaque in this sector. On 2 December 2025 he posted: “Are you a passionate engineer interested in helping MyFundedFutures build the future of prediction markets?” — a recruitment post that signals the firm is looking beyond futures evaluations toward event contracts, a market that carries its own unresolved CFTC questions.

The practical read: an unfinished IB application is a positive signal about intent and no protection at all in practice. If the firm fails, traders hold a contractual claim against a Texas LLC, not a regulated brokerage account.

Frequently asked questions

Is My Funded Futures regulated?

No. My Funded Futures is not registered with the CFTC or the NFA. The firm has moved to register as an introducing broker supervised by both, reportedly the first prop firm to attempt it, but that application was not confirmed complete at the time of writing. Traders should treat the accounts as unregulated commercial products.

What is the profit split at My Funded Futures?

The Rapid plan pays 90/10 in the trader’s favour from the first dollar of profit. Pro and Builder both pay 80/20. Unlike Apex Trader Funding, there is no 100% tranche on the first block of profit, so Rapid’s advantage shows up in payout frequency rather than in the headline split.

How fast are My Funded Futures payouts?

Rapid allows a payout request 24 hours after the first trade, Builder every 48 hours and Pro every 14 calendar days. Withdrawals process through Rise at $15 per payout. Published processing times conflict between six to twelve business days and 24 to 48 business hours, so confirm the current figure with the firm directly.

Does My Funded Futures have a consistency rule?

Rapid has none, and Pro has none once funded. Builder applies a 50% consistency rule during the sim-funded stage, meaning no single day’s profit may exceed half of total profit, which lifts on transition to live funding. This is the clearest functional difference between the Rapid and Builder plans.

What drawdown does My Funded Futures use?

Rapid uses a 4% intraday trailing drawdown that follows the unrealised account high. Pro uses a 3% end-of-day trailing drawdown that only recalculates at the close, which is materially safer for intraday volatility. Builder uses a $2,000 EOD trailing drawdown or a $1,500 max-loss variant. No plan has a daily loss limit.

Are My Funded Futures accounts real money?

Not initially. Evaluations and the funded stage that follows are simulated. Accounts transition to live funding after meeting plan-specific conditions — five sim payouts on Builder, or a $100,000 cumulative ceiling on Pro. Funded capital remains the firm’s capital throughout, not the trader’s.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.