Apex Trader Funding vs My Funded Futures: Detailed 2024 Comparison

Quick Comparison: Apex Trader Funding vs My Funded Futures

Account Sizes, Costs, and Structure

Apex Trader Funding

• Account sizes: $25K, $50K, $75K, $100K, $150K, $250K, $300K
• Evaluation cost: $147 (25K) to $657 (300K), one-time fee
• Monthly subscription after passing evaluation (varies by account size)
• Multiple funded accounts: Up to 20 at once

Apex offers the broadest range of account sizes in the industry. If you want to scale up or diversify strategies across accounts, Apex is hard to beat. However, the monthly subscription after passing the evaluation can catch traders off-guard, especially if you’re not actively trading every month.

My Funded Futures

• Account sizes: $50K, $100K, $150K
• Evaluation cost: $77 (50K) to $477 (150K), recurring monthly fee
• No one-time payment option—subscription only
• Pro plan: Progresses to live trading after $100K cumulative payout

My Funded Futures' pricing is lower upfront but becomes more expensive if you need several months to pass the evaluation. The lack of a $25K or $300K option may be limiting if you want the smallest or largest possible account. There's no scaling via multiple simultaneous accounts—scaling is based on cumulative payouts.

Drawdown and Risk Rules: Where You’ll Actually Get Stopped Out

Drawdown Structure

• Apex: 6% trailing drawdown (no daily limit)
• My Funded Futures: 4% trailing drawdown (no daily limit on Core/Pro, but Rapid has intraday trailing)

On a $100K account, Apex lets you lose up to $6,000 from your highest balance before you’re disqualified. My Funded Futures gives you only $4,000. Both have no daily loss limit, so you can manage risk your way. However, Apex’s trailing drawdown is more generous, especially for traders with volatile strategies.

Profit Target

• Both firms: 6% profit target (e.g., $6,000 on $100K account)

The 6% target is industry standard. Both firms require you to hit this before moving to a funded/live account.

Minimum Trading Days

• Apex: 7 minimum trading days
• My Funded Futures: 2 minimum trading days

This is a big difference. If you can hit the target in two days at My Funded Futures, you’re done. At Apex, you must spread your trades over at least a week, which can feel slow for high-frequency or short-term traders.

Payouts, Splits, and Scaling

Payout Structure

• Apex: 100% of first $25,000 in profit, then 90/10 split (trader/firm)
• My Funded Futures: 80/20 split initially, scaling to 90/10 on higher tiers

Apex is unique in paying out 100% of your first $25K in profit—no split with the firm. After that, you keep 90%, which is among the best splits in the industry. My Funded Futures starts at 80/20 but moves to 90/10 as you advance. If you’re looking for fast, early payouts, Apex is the clear winner.

Scaling Up

• Apex: Trade up to 20 funded accounts at once
• My Funded Futures: Pro plan: move to live trading after $100K in cumulative payouts (no multiple accounts)

Apex’s ability to run multiple funded accounts simultaneously is a major edge for traders who want to diversify strategies or size up fast. My Funded Futures focuses on growing your single account by progressing you to a live account after hitting payout milestones, but you can’t run several funded accounts at once.

Trading Rules and Flexibility

Allowed Instruments

• Both firms: US futures contracts (CME Group exchanges)
• No forex or crypto at either firm

Apex gives access to a slightly broader set of exchanges (CME, CBOT, NYMEX, COMEX), while My Funded Futures is CME Group only. For most traders, this makes little difference, but if you trade niche metals or energy contracts, double-check the allowed symbols.

News Trading & Weekend Holding

• Apex: News trading allowed, but no weekend holding
• My Funded Futures: Tier 1 news trading restricted, but weekend holding allowed

If your strategy relies on trading during major economic news releases, Apex is more permissive. My Funded Futures restricts trading during Tier 1 news events, which can be a dealbreaker for some. However, My Funded Futures is much more flexible for swing traders, allowing positions to be held over the weekend. Apex requires all positions closed by session end Friday.

Automated Trading (EAs, Algos)

• Both firms allow automated trading

If you run EAs or other algorithmic systems, both firms are viable. However, Apex’s more generous trailing drawdown gives algos more breathing room, especially during periods of volatility.

Evaluation Process: How Fast Can You Get Funded?

Evaluation Structure

• Both Apex and My Funded Futures use a single-phase evaluation
• No multi-phase or "reset" steps

Both firms offer a straightforward, one-step evaluation. There’s no multi-stage process or simulated-to-real handoff. This minimizes surprises, but the details (drawdown, trading days, rules) still matter.

Minimum Trading Days: Speed Matters

• Apex: At least 7 trading days required, even if you hit the target early
• My Funded Futures: Only 2 trading days required

If you’re an aggressive trader or want to pass as quickly as possible, My Funded Futures is the clear winner. Apex’s 7-day minimum can feel slow, especially for scalpers or high-frequency traders.

Subscription Model: What’s the Real Cost?

• Apex: One-time fee for evaluation, then monthly fee after passing
• My Funded Futures: Monthly subscription for both evaluation and funded account

Apex is cheaper if you plan to pass on the first try and don’t want long-term subscription fees. My Funded Futures can be cheaper for fast, experienced traders but gets expensive if you need several months to pass or want to keep your funded account open for a long time.

Reputation, Support, and Community

Ratings and Feedback

• Apex: 4.4/5 rating
• My Funded Futures: 4.9/5 rating from over 11,000 reviews

My Funded Futures has the edge in reputation, with a near-perfect score from a large sample of traders. Apex is also well-regarded, but some users cite confusion over trailing drawdown or subscription charges.

Support and Transparency

Both firms are generally responsive and transparent with their rules, but Apex’s frequent discount promotions can sometimes lead to confusion about the "real" cost. My Funded Futures’ rules are more static, though you must watch for news trading and payout cap details.

Community and Resources

My Funded Futures boasts a large, active trader community, which can be helpful for sharing strategies and experiences. Apex’s community is smaller but still active, especially around discount and scaling strategies.

Hidden Trade-Offs: What the Marketing Doesn’t Tell You

• Trailing Drawdown Confusion: Both firms use trailing drawdown, but Apex’s moves in real-time, while My Funded Futures’ EOD version is less punishing. If you’re not careful, you can be stopped out by a single bad trade even after a big win.
• Monthly Fees After Passing: Both require ongoing fees even after you’re funded. If you take a break from trading, you’re still paying.
• Scaling Limitations: Apex lets you run up to 20 funded accounts, but each has its own fee. My Funded Futures only allows one, but you can move to live status after $100K in payouts.
• News Trading Rules: My Funded Futures prohibits trading around Tier 1 news—if you accidentally place a trade, you risk account closure. Apex allows news trading, but no weekend holding.
• Payout Structure: Apex’s 100% payout on first $25K is great for fast, aggressive traders. My Funded Futures’ 80/20 split is less attractive until you scale up.
• Account Size Range: Apex offers more flexibility, including small ($25K) and large ($300K) accounts. My Funded Futures is limited to $50K–$150K.

Bottom Line: Which Firm Should You Choose?

Both Apex Trader Funding and My Funded Futures are top-tier futures prop firms, but the right choice depends on your trading style, speed, and risk tolerance.

• Choose Apex if you want the broadest account sizes, ability to run multiple accounts, 100% first $25K payout, and full flexibility on news trading. Be ready for higher minimum trading days and to manage the nuances of real-time trailing drawdown.
• Choose My Funded Futures if you value a higher Trustpilot rating, want to pass evaluations as quickly as possible (2 days), prefer end-of-day trailing drawdown, and need weekend holding. Watch out for the monthly subscription fee and news trading restrictions.

If you’re a fast, consistent trader who avoids news events and wants to minimize evaluation time, My Funded Futures is likely your best fit. If you’re looking to maximize early payouts, scale aggressively, or trade news, Apex is the clear winner.

Whichever you choose, make sure to use PropSurvivalEngine’s challenge calculator and firm comparison tools to model your risk and costs before committing.