Updated July 9, 2024
Minimum 1 trading day to pass
Reach profit target to move to sim funded account
End of day trailing drawdown. Account balance must be maintained above drawdown limit at anytime.
Do not exceed the maximum number of contracts for each trade
Close orders / positions before 4:10 p.m. EST, New York. System automatically liquidates at that time. On half trading days, the system does not close positions, and holding positions may lead to account failure.
News trading allowed only in evaluation
Starter Account
Crossing the daily loss limit shuts trading for the day. Can resume trading the next day
Free reset available on monthly renewal upon request irrespective of account status. Immediate reset available for $50 (50k), $70 (100k), or $100 (150k)
Expert Account
Micros are considered full size lots in Expert accounts (same number of max contracts for both minis or micros)
Free reset available on monthly renewal upon request irrespective of account status. Immediate reset available for monthly price of evaluation
When drawdown balance reaches initial balance plus 100, it stops trailing. For example, in a 50k starter account drawdown balance trails from 47,500 till it reaches 50,100 after which it stops trailing.
Free Trading Platforms: Tradovate connection (Tradovate, TradingView, Ninja Trader); Rithmic connection (RTrader Pro, Quantower). Paid platforms include Sierra Chart, Jigsaw Trading, ATAS. Level 2 data available for $39/month ($124/month for professionals)
Occasional offers: 30k Static Standard - Target 2500, Drawdown 1500, contracts 1/10, $300/month. 30k Static Pro - Target 4200, Drawdown 2500, contracts 2/20, $500/month. Payout for both accounts is every 14 days.
Multiple accounts: Up to 3 Sim funded and 1 live funded
Firm’s Expectations: Be consistent with position sizing, stops and targets. Avoid over-sizing. Stay away from dollar cost averaging and high frequency trading unless it aligns with your trading style. Avoid micro scalping - such as holding trades for less than 15 seconds, targets of less than 5 points, large number of trades within a short period of time, using tight stops and targets
Caution / Prohibited: Using automated trading systems. High frequency scalping resulting in over 200 trades / day. Not monitoring trades. Placing multiple limit orders at the same price. Trading gapped or illiquid markets. Utilizing tight bracket orders. Violating CME group rules. Trading in concert with others. Evaluations accounts not paid with your own payment card will be terminated.(refer MFFU website)
After reaching profit, account is verified and funded within 1-3 business days
No activation fee
Drawdown stops trailing as in evaluation
Do not trade or have open orders 2 minutes before and after major economic tier 1 releases. Do not utilize strategies that exploit immediate news bursts (e.g. straddles, strangles). Not adhering to these rules would lead to account termination. Use your regular trading strategy during news intervals.
Minimum 1 trade / week
No resets
Starter Account
Contracts scaling plan is calculated as per your accumulated profits (see table). For example, on a 100k account if your profit is between 1,000 and 2000, you can trade up to 3/30 (mini/micro) contracts and if it is less than 1,000 you can trade up to 2/20 contracts maximum
Daily loss limit closes session as in evaluation
Traders receive 100% of the first $10,000 and 90% thereafter
Payouts requested before 4:00 pm EST, will be processed within 24 hours and paid through Riseworks
Starter Account
Best day cannot be more than 40% of total profits. Will not lead to account closure
Request weekly payout after 5 winning days (see table)
Maximum withdrawal (see table). Minimum $250
After 1st payout, max drawdown limit moves to $50,100 (50k), $100,100 (100k), 50,100 (150k)
Move to live funded account: after 30 winning days or after accumulating profits of $6,000 (50k) | $12,000 (100k) | $18,000 (150k)
Expert Account
Request every 14 days
Minimum request $1,000
No cap on maximum withdrwal amount above buffer (see table). Below buffer you can withdraw up to 60% with a standard profit split.
Traders receive 100% of the first $10,000 and 90% thereafter
End of day drawdown
No activation fee
Up to 3 sim funded accounts
Starter account - Cheaper all in costs
Expert account - No cap on withdrawals above buffer
