Looking for the best futures prop firm? Here’s a quick breakdown:
- Topstep is ideal for traders who value structure, education, and community. It offers multi-step evaluations, strict risk management rules, and access to tools like TopstepX and TopstepTV™.
- MyFundedFutures suits experienced traders seeking flexibility, quicker funding, and fewer restrictions. It features a single-step evaluation, no daily loss limits, and faster payouts.
Quick Comparison
| Feature | Topstep | MyFundedFutures |
|---|---|---|
| Evaluation Process | Multi-step | Single-step |
| Profit Split | 100% (first $10K), 90/10 ongoing | 100% (first $10K), 90/10 ongoing |
| Account Sizes | $50K – $150K | $30K – $600K |
| Monthly Cost | $165 – $375 | $80 – $665 |
| Payout Speed | 1–3 business days | 6–12 hours |
| Risk Rules | Strict daily loss limits | No daily loss limits |
| Trading Platforms | TopstepX, NinjaTrader, more | NinjaTrader, Tradovate, more |
Bottom Line:
Choose Topstep for structured growth and educational tools. Opt for MyFundedFutures if you prefer fewer restrictions and faster payouts.
Main Features Comparison
Topstep Core Features
Topstep uses a three-step evaluation process to gauge traders’ skills. Their Trading Combine sets profit targets based on account size: $3,000 for $50K accounts, $6,000 for $100K accounts, and $9,000 for $150K accounts [3]. Daily loss limits are also clearly defined: $2,000 for $50K accounts, $3,000 for $100K accounts, and $4,500 for $150K accounts [3]. Here’s a quick breakdown of Topstep’s core features:
| Feature | Description |
|---|---|
| Trading Platforms | TopstepX and third-party platform compatibility |
| Educational Content | Includes TopstepTV™, coaching, and video tutorials |
| Community Support | Access to an 86,000+ member Discord community |
| Account Options | $50K, $100K, and $150K funding levels |
This structured approach provides clear benchmarks for traders to meet during evaluations.
MyFundedFutures Core Features
Unlike Topstep, MyFundedFutures simplifies the process with a single-step evaluation for quicker funding [4]. The platform offers three program tiers:
| Program Type | Account Sizes | Monthly Cost |
|---|---|---|
| Starter | $30K – $100K | $80 – $220 |
| Expert | $50K – $150K | $165 – $375 |
| Milestone | Up to $600K | $445 – $665 |
Key highlights of MyFundedFutures include:
- No trailing drawdown rules [4]
- Payouts available every 5 winning days [4]
- Greater flexibility in trading strategies [4]
- Support for multiple trading platforms [2]
This platform emphasizes fewer restrictions, making it appealing to experienced traders who value autonomy. Additionally, MyFundedFutures provides competitive commissions and essential educational resources. Both Topstep and MyFundedFutures prioritize trader support, with Topstep achieving a TrustPilot rating of 4.6 out of 5 stars based on over 5,500 reviews [3].
Evaluation Requirements
Topstep Trading Combine Steps
Topstep’s Trading Combine evaluates traders through a three-step process, focusing on specific metrics:
| Account Size | Profit Target | Daily Loss Limit | Maximum Loss Limit |
|---|---|---|---|
| $50K | $3,000 | -$1,000 | -$2,000 |
| $100K | $6,000 | -$2,000 | -$3,000 |
| $150K | $9,000 | -$3,000 | -$4,500 |
Traders are required to ensure their closed trade profits don’t exceed 50% of the profit target in a single trading day [1]. If this rule is violated, a reset is necessary, with fees of $49, $99, or $149, depending on the account size [1]. These reset fees are part of Topstep’s structured approach to risk management.
MyFundedFutures Testing Process
MyFundedFutures uses a simpler, one-step challenge system, evaluating traders based on two primary metrics:
- Profit Target: Varies depending on the account size.
- End of Day Drawdown: Fixed at 3% of the account value [7].
The platform reports a 25% success rate for its evaluation process [7]. Unlike Topstep, MyFundedFutures does not enforce daily loss limits or consistency rules during the evaluation.
These differences create clear distinctions in how each platform approaches trader assessments.
Evaluation Process Comparison
Here’s a side-by-side look at the evaluation methods of Topstep and MyFundedFutures:
| Feature | Topstep | MyFundedFutures |
|---|---|---|
| Evaluation Steps | Multi-step process | Single-step challenge |
| Time Limit | None | None |
| Consistency Rules | Yes – daily profit capped at 50% of target | None during evaluation |
| Daily Loss Limits | Yes – strictly enforced | None |
| Drawdown Calculation | Daily and maximum loss limits | 3% End of Day drawdown only |
| Reset Options | Available – fees vary by account size [1] | Complete restart required |
Since 2020, Topstep has paid out over $16,000,000 to funded traders [1]. Their multi-step process focuses on building consistent, disciplined trading habits. On the other hand, MyFundedFutures offers a more relaxed evaluation with fewer restrictions. Choosing between these platforms depends on your trading style and risk tolerance, which will be further explored in the next sections on funding options and profit sharing.
Funding Options
Topstep Account Levels
Topstep provides three account sizes, each with its own pricing and trading parameters:
| Account Size | Monthly Cost | Activation Fee | Contract Limit |
|---|---|---|---|
| $50,000 | $165 ($49 w/discount) | $149 | Up to 5 |
| $100,000 | $325 ($99 w/discount) | $149 | Up to 10 |
| $150,000 | $375 ($149 w/discount) | $149 | Up to 15 |
These accounts come with a 70% discount on monthly fees and a one-time $149 activation fee after completing the Trading Combine [1][2]. Traders can hold up to five funded accounts, allowing them to diversify their trading strategies [2].
MyFundedFutures Account Levels
Unlike Topstep’s structured tiers, MyFundedFutures offers three flexible program types:
| Program Type | $50,000 Account | $100,000 Account | $150,000 Account |
|---|---|---|---|
| Starter (Monthly) | $80 | $150 | $220 |
| Expert (Monthly) | $165 | $265 | $375 |
| Milestone (Lifetime) | $445 | $555 | $665 |
The Expert program includes bi-weekly withdrawals, while the Milestone program offers lifetime access through a one-time fee [2][5].
Account Types Comparison
Here’s a breakdown of how Topstep and MyFundedFutures differ:
| Feature | Topstep | MyFundedFutures |
|---|---|---|
| Account Range | $50K – $150K | $30K – $150K |
| Maximum Accounts | 5 Express Funded | 10 Funded |
| Initial Profit Split | 100% up to $10K | 100% up to $10K |
| Ongoing Profit Split | 90/10 after $10K | 90/10 after $10K |
| Withdrawal Rules | 5 winning days required | 60-day initial limit (Starter) |
| Activation Fees | $149 one-time | None |
MyFundedFutures stands out with flexible pricing options and the ability to manage up to $600,000 in total capital [5]. On the other hand, Topstep focuses on a structured approach with specific contract limits [6]. To qualify for withdrawals, Topstep requires five profitable trading days with at least $200 profit per day [5].
These distinctions highlight the unique features of each platform, setting the stage for a deeper look at profit sharing and trader perks in the next section.
sbb-itb-7b80ef7
Topstep vs My Funded Futures – Honest Comparison
Profit Sharing and Payouts
Profit-sharing and payout processes play a key role in setting platforms apart. These structures directly affect traders’ cash flow and the overall value they get from the program.
Topstep’s Profit Rules
Topstep follows a tiered profit-sharing system. To withdraw funds, traders need to meet these conditions:
- Achieve 5 non-consecutive winning days with at least $200 net profit per day; an additional 5 winning days are required between withdrawals.
- Initially, traders can withdraw 50% of their account balance.
- Full withdrawal access is available after completing 30 non-consecutive winning days.
Payouts are processed daily, and the processing times vary by method:
| Payment Method | Processing Time |
|---|---|
| Wise | 1–3 business days |
| ACH | 1–3 business days |
| Wire Transfer/SWIFT | 3–5 business days |
| International Wire/SWIFT | 5–10 business days |
MyFundedFutures’ Profit Rules
MyFundedFutures offers payout structures that depend on the chosen plan, with differences in withdrawal frequency and minimum amounts:
| Plan Type | Payout Frequency | Minimum Payout | Processing Time |
|---|---|---|---|
| Starter | Every 5 winning days | $250 | 6–12 hours |
| Starter Plus | Every 5 winning days | $250 | 6–12 hours |
| Expert | Bi-weekly | $1,000 | 1–3 business days |
The Starter Plan includes a 40% consistency rule, but this requirement is removed in the Starter Plus plan. Expert plan traders can request payouts every two weeks, provided they maintain a buffer amount [8].
Comparing Profit Policies
Here’s a quick comparison of the two platforms’ profit-sharing and payout features:
| Feature | Topstep | MyFundedFutures |
|---|---|---|
| Initial Profit Split | See evaluation criteria | See evaluation criteria |
| Ongoing Split | See evaluation criteria | See evaluation criteria |
| Fastest Payout Speed | 1–3 business days | 6–12 hours |
| Minimum Withdrawal | $200 per winning day | $250–$1,000 |
| Withdrawal Frequency | After 5 winning days | Depends on plan |
| Special Requirements | 30 winning days for full access | 40% consistency (Starter only) |
MyFundedFutures stands out with faster processing times for its Starter plan, while Topstep offers various payment options. For traders seeking predictable payout schedules, the Expert plan’s bi-weekly withdrawals might be appealing.
Trading Tools and Support
Available Trading Platforms
Futures prop firms offer trading platforms that meet professional standards. For instance, Topstep provides its proprietary TopstepX, which includes advanced charting tools, The Tilt™ Indicator, a built-in trade copier, livestream access, and commission-free trading [6]. Here’s a quick breakdown of popular platforms and their features:
| Platform | Key Features |
|---|---|
| TopstepX | Advanced charting, The Tilt™ Indicator, trade copier, livestream access |
| NinjaTrader | Custom indicators and automated trading capabilities |
| Tradovate | Cloud-based platform with mobile trading support |
| Sierra Chart | Technical analysis tools for detailed market insights |
| TradingView | Web-based charting with social trading functionality |
Learning Resources
Topstep also provides educational support through its Discord chatroom. This gives traders access to real-time advice from platform ambassadors and professional coaches, combining technology with hands-on guidance to help traders improve their skills.
QuantVPS Performance Benefits
Trading success often hinges on how fast and stable your platform is. QuantVPS boosts performance by offering features designed for seamless trading:
| Feature | Benefit |
|---|---|
| Ultra-low Latency | 0-1ms latency ensures quick order execution |
| Platform Compatibility | Works smoothly with NinjaTrader and other platforms |
| Dedicated Resources | Guaranteed CPU and RAM for consistent performance |
| Global Accessibility | Reliable trading access from any location |
| DDoS Protection | Keeps trading uninterrupted, even during high traffic |
For high-frequency traders using tools like NinjaTrader, QuantVPS’s Pro plan offers:
- 6 cores and 16GB RAM for handling multiple charts effortlessly.
- 150GB NVMe storage for fast data access.
- Dual monitor support to expand your trading workspace.
- 1Gbps+ network speed to reduce slippage during trades.
These features are designed to ensure smooth execution, stable connectivity, and an optimized trading experience.
Making Your Choice
After examining the features and processes of each firm, here’s how to align your trading style with the right platform.
Best Traders for Topstep
Topstep is ideal for traders who thrive with structured support and educational resources. It’s a great fit for:
- Traders who follow strict risk management rules and daily loss limits
- Beginners in futures trading who benefit from TopstepTV and coaching resources
- Those who value community and want to engage with an 86,000-member Discord group
- Traders who prefer established, well-tested platforms
Best Traders for MyFundedFutures
MyFundedFutures appeals to traders looking for faster evaluations and fewer restrictions. It’s suited for:
- Experienced traders who can manage risk independently
- High-volume traders seeking funding up to $600,000 [5]
- Traders who value quicker payouts, available every 5 winning days [4]
- Those who prioritize results and want minimal trading restrictions
Decision Guide
| Factor | Choose Topstep If You… | Choose MyFundedFutures If You… |
|---|---|---|
| Cost Sensitivity | Can handle $165/month for a $50K account | Prefer lower monthly fees |
| Payout Priority | Are okay with milestone-based withdrawals | Want payouts every 5 winning days [4] |
| Trading Style | Need structured risk management | Favor a more flexible trading approach |
| Platform Needs | Want access to TopstepX and multiple platforms | Are fine with basic platform options |
For enhanced performance with your chosen firm, consider QuantVPS’s Pro plan. Its 6-core, 16GB RAM setup ensures smooth execution and stable connectivity, essential for futures trading. The ultra-low latency helps you stay competitive while managing multiple charts.
"Comparing My Funded Futures vs. Topstep is like pitting the new kid on the block against a more experienced and tested foe. However, both are favorites among futures traders." [2] – Sarah Edwards, Contributor, Benzinga
The right platform depends on your trading style, risk tolerance, and capital needs.