MFFU (My Funded Futures) lets futures traders use their money, but it has many fees that can cut into their profit. Here’s a simple list:
- Startup Fees: $149 one-time for Starter; free for Expert.
- Monthly Fees:
- Starter: $97/month for $50,000 accounts.
- Starter Plus: $127–$300/month, depends on account size.
- Expert: $227–$477/month, no day loss caps and more free room.
- Exchange Data Fees: $116–$132 for each exchange (CME, CBOT, NYMEX, COMEX).
- Reset Fees: $97–$375, based on account type.
Easy Look
| Type | Start Cost | Each Month | Key Points |
|---|---|---|---|
| Basic | $149 | $97 | Simple plan, quick money, some limits. |
| Better | $149 | $127-$300 | No cap on day loss, bigger accounts. |
| Pro | Free | $227-$477 | No cut-off on drawdown, trade free, money out every 14 days. |
| Best | $99 | $444-$1,332 | More free, no hold, get money often. |
MFFU has plans fit for all trade skills, mixing price and good parts. For new folks, Starter packs are cheap. Yet, Expert and Top Plans give more tools for traders who know their way.
1. Start-up Costs
Cost Range
MFFU makes it easy for traders by getting rid of usual start-up fees. For Starter accounts, there is just a one-time fee of $149 after the test phase, while Expert accounts have no start-up fees at all[5]. This method sets up the good things to come.
What Comes With It
With no start-up fees, MFFU lets users get on its site right away without costing more money. Traders also get to use strong help systems and an active Discord group, helping with teamwork and advice[4].
Money Talk
This way can save active traders a lot of money, from $500 to $1,500 every year[1]. Instead of asking for money first thing, MFFU’s plan is to share profits with traders who do well. This move cuts costs and also makes room for more money to go into making the site and trader help better. It clearly shows MFFU’s aim to put traders first.
2. Monthly Pay Plans
Cost Range
MFFU keeps it easy with its monthly pay plans for main account types. The Starter account is the cheapest, set at $97 each month for a $50,000 account, making it good for new traders[3]. The Starter Plus account begins at $127 each month, and the Expert account is $227 each month[3].
For the Starter Plus level, costs go up with account size. For example, a $50,000 account is $120 each month, a $100,000 account costs $200 each month, and a $150,000 account is $300 each month[6]. This setup lets traders fit their pay costs to their trading cash and goals.
What You Get
Each pay plan fits different trading needs. Starter accounts aim at new users, with simple profit goals and easy use. They also have fast payouts every 5 good days, letting new traders see money sooner[7].
The Starter Plus accounts go beyond by ending daily loss limits, giving traders more room to work with market ups and downs[3]. Both Starter Plus and Expert accounts also drop the consistency rule, giving traders more way in their plans[3].
For those who know trading well, Expert accounts give full free rein. They have no scaling rules, no stick-to-it rules in tests or paid stages, and no daily drawdown limits. Traders here enjoy regular payouts every 14 days with no set trading day needs[7].
All pay plans let you into top trading apps like NinjaTrader and TradingView, with learning tools and help. These help services include live chat, Discord group entry, and a full help place, making sure traders have what they need to do well[3][8].
Cost Check
When you look at costs, MFFU is a top choice for prop firms. Its monthly plans pull active traders with a profit-share setup where traders keep 100% of the first $10,000 in profits and 90% after that[3].
Restart fees are the same as the monthly pay cost. Say, if a trader with a $97 Starter account flunks a test, the restart cost is also $97[6]. Yet, the lack of start fees helps make up for these costs[1].
Even though the $227 Expert account may seem high at first, it offers open trading rules, often payouts, and major trading money. For traders who often get gains, this monthly fee is a small spend compared to what they can make.
3. Top Plans and Big Features
Fee Range
Top accounts have levels in pricing. They start at $444 for a $50,000 account, go up to $888 for $100,000, and top out at $1,332 for $150,000 [9]. Although the start fees are more than basic plans, Top accounts do not ask for the $149 start up fee [2]. There is a set fee of $99 no matter the account size [9], and the monthly fees for funded accounts are from $227 to $477, based on the account size [1].
Included Features
Besides pricing, Top accounts give key trading extras. These accounts allow quick and full cash outs, with no daily or max draw limits [2][10]. Traders gain from not having to stick to rules of how often they must trade during both testing and funded phases [2]. Also, Top accounts remove T1 news trading limits and give payouts every five wins. The straight shot to real trading adds more value and pull to these plans.
Cost Analysis
When looking at the costs, the worth of Top accounts is easy to see. For example, a $50,000 Top account at $444 works out to about $8.88 per $1,000 of trading cash [8]. With more contracts allowed (from 5 to 15 minis) [1] and getting rid of many fees and rules, these accounts stay money-smart – even with only a 25% win rate in games [10].
Starter Account Plans from MyFundedFutures – Full Guide
Good and Bad Points
Knowing the good and bad of MFFU’s fee layout is key to picking a plan that suits your trade style and money plan. Each fee type has its own good points and hard parts.
Look at activation fees. The $149 fee for Starter accounts can seem like a big first step for new traders starting out. It might make some traders trade too much to make the cost make sense. But, accounts with activation fees often have low monthly costs, which can look better in the end.
Now, let’s talk about monthly subscription costs. These fees pose a different problem. Starter accounts start at $97 a month, Starter Plus at $127, and Expert accounts at $227 [3]. While these fees keep coming every month to keep your trading access and help, they can stack up over time. The good thing? The steady nature of these costs helps traders plan their money [3].
Then, there are the Premier Plans (Expert accounts), which cost more but offer more benefits. With a $227+ monthly fee, traders have more freedom – no daily loss limits, no need to keep trade patterns, and payouts every 14 days with no need to trade a set amount [7]. These parts are great for skilled traders but could be too much for newcomers.
| Fee Type | Good Points | Bad Points |
|---|---|---|
| Startup Fees | Can cut down monthly spend; covers first set-up cost | Puts a cost first; could push too much trading |
| Monthly Subscriptions | Costs are known each month; makes sure tools and money are there | Costs pile up as time goes by |
| Top Plans | More room to trade; quick money pay out | Big monthly cost ($227+); hard for new ones |
Apart from the figures, how fees are set up can change how traders act and make choices. For example, firms that do not charge start-up fees usually aim to make money by taking a cut of the trader’s gains instead of charging fees right when they join. This might lead to good systems and better help. But, firms with no start-up fees might put in tough trade rules – like strict loss caps and daily loss limits – to keep their money flow steady.
Ending Thoughts
MFFU’s setup aims to help traders by making it easy to start trading without big costs at the start for some account types. They have a profit model that helps traders right from the start, providing a good choice for people with different levels of skill.
Look at the $97 a month fee for a $50,000 Starter account, for example. This plan is good as it lets traders make money fast, often paying off the monthly fee quickly by trading a lot[1][3]. For traders with a lot of experience, the Expert accounts, which cost between $227 and $477 a month, give the freedom and big account sizes needed for deep strategies – all without need to pay extra start or switch fees[1].
Not like other firms that may take up to $1,500 a year in extra fees[1], MFFU keeps it simple, letting traders focus on their plans without stress about extra costs.
For new folks, the Starter account is a low-cost way to join the market, needing just the monthly fee. Those who are more into it can go for Starter Plus accounts, which give bigger account sizes but still keep costs low. Top-level traders might like the Expert accounts more because they are flexible and pay out well. These accounts are worth it if your trading covers the higher monthly fees. Picking the right account is key – it should fit how you trade and what you aim for.
To use MFFU well, try starting with a smaller account to check the platform and make sure its rules work with how you trade[3]. This plan helps keep risk low and lets you see how the platform’s tools and help work from up close.
FAQs
How do exchange data fees change trading costs, and do all traders need them?
Exchange data fees can make trading costs much higher, mainly for traders who lean on live market data. These fees start at about $110 each month and can go up based on the exchange and the type of data needed. For those who must have data right away, these fees become a key part of how they trade.
But not all traders need to buy live data. Many places have free slow data or just basic market info, good enough for those who trade less often or don’t need fast news. Whether you need these fees or not depends on your trading style, how much you trade, and if live data is key to your plan.
