Last updated: April 4, 2025
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At first glance, Take Profit Trader is more appealing. However, this may not be true for all traders and situations. Since trading behavior and strategies differ, you may need to prioritize certain plan features and not the overall comparison. It's important to put greater weight in key plan features like fees, drawdown rules and consistency requirements.
You've finally mastered your trading strategy and are consistently profitable while paper trading. Now, it's time to scale your account. Prop firms are great for making money, but if you're not careful the wrong plan will cost you hundreds of dollars in fees and payout limitations. We'll compare Take Profit Trader 100K and My Funded Futures 100K Expert to help you find the best plan for you to get started. I'll walk you through the pros and cons of each plan.
There are 4 key areas we'll compare:
As a reminder, here's how starting up your prop firm account will work. First, you'll need to pass an evaluation. In the evaluation phase, you'll be asked to demonstrate your proficiency. You must reach a profit target while following the rules of the evaluation to pass. You'll pay a fee (usually monthly, occasionally one time only) while in the evaluation phase. If you fail, most accounts will let you pay to try again but this can be come expensive fast. This is why understanding plan rules using Prop Firm Genius is so important.
After the evaluation, you will have to pay an activation fee (if required by the plan) and then you'll be funded with a certain amount of capital. Again, if you don't adhere to the risk rules laid out by the prop firm, your account will fail and you'll need to reset. Some firms may require you to start back at the evaluation phase.
During the funded phase, you finally have the opportunity to qualify for a payout on the profit you make. The payout rules between firms can vary and effect how much of the money you are entitled to and how fast you will receive them.
Let's walk through each of these areas and see how Take Profit Trader 100K and My Funded Futures 100K Expert compare.
Take Profit Trader requires 1 evaluation step with a profit target of $6,000 (6%), while My Funded Futures needs 1 step targeting $8,000 (8%). While a smaller profit target is better, Prop Firm Genius doesn't consider it a major factor. Most plans have similar targets and it's much more important to pay attention to the rules to hit that target than the target itself. Traders must complete 5 minimum trading days with Take Profit Trader compared to 0 with My Funded Futures.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Starting Balance | $100,000 | $100,000 |
Steps Required | 1 | 1 |
Profit Target | $6,000 (6%) | $8,000 (8%) |
Min Trading Days | 5 | 0 |
Time Between Trades | N/A | N/A |
Payouts Available Post Pass | Yes | Yes |
Drawdown rules may be the single most important rule. One of our key pieces of advice we give traders is pay attention to the drawdown type not just the amount.
Take Profit Trader allows a maximum drawdown of $3,000 (3%) with End of Day rules, while My Funded Futures permits $3,000 (3%) End of Day.
End of Day drawdowns are more trader friendly, as you have time to recover and stick through a trade.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Max Drawdown Amount | $3,000 | $3,000 |
Max Drawdown Rate | 3% | 3% |
Drawdown Type | End of Day | End of Day |
Drawdown Calculation | Trailing | Realized | Trailing | Realized |
Drawdown Timeframe | End of Day | End of Day |
Balance Buffer After DD | $0 | $100 |
Balance That Ends DD | $103,000 | $103,100 |
Take Profit Trader enforces a daily loss limit of $0 (0%) with None rules, while My Funded Futures allows up to $0 (0%) None.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Daily Loss Limit | $0 (0%) | $0 (0%) |
Daily Loss Limit Type | None | None |
Max Loss After DD | $100,000 | $100,100 |
Loss Limit Formula | Starting Balance
| Starting Balance + Buffer
|
DLL Auto-liquidation | No | No |
Take Profit Trader allows up to 12 full contracts and 120 micro contracts during evaluation, while My Funded Futures permits 10 full and 10 micro contracts.
The contract ratios are important to know based on your strategy. A higher max contract will give greater flexibility but also greater risk.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Max Full Contracts | 12 | 10 |
Max Micro Contracts | 120 | 10 |
Full:Micro Ratio | 1:10 | 1:1 |
Take Profit Trader requires 50% consistency and does not offer scaling, while My Funded Futures has no consistency requirements and does not offer scaling.
Consistency is one of the most common rules that causes evaluation failures.
My Funded Futures has a lower consistency rate, making it easier to pass evaluation. However, make sure to keep in mind 2 things. 1. The consistency requirement may be different in the funded phase (see our section below) and 2. The consistency requirement is a good measure of risk. If you don't pass consistency, it may be a good sign you're running a volatile strategy.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Consistency Required | Yes | No |
Consistency Rate | 50% | N/A |
Scaling Available | No | No |
Scaling Details | N/A | N/A |
Inactivity Limit | N/A | N/A |
Take Profit Trader charges monthly evaluation fees of $330, while My Funded Futures charges monthly fees of $344.
For evaluation resets, Take Profit Trader charges $100 for evaluation resets, while My Funded Futures charges $344 for evaluation resets.
Once funded, Take Profit Trader requires a $130 activation fee and charges no monthly fees. My Funded Futures charges no monthly fees.
For funded accounts, Take Profit Trader allows 3 funded resets at $999 each within a 0-day window, while My Funded Futures does not allow funded resets.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Evaluation Fee | $330 Monthly | $344 Monthly |
Eval Reset Fee | $100 | $344 |
Eval Resets Allowed | 0 | 0 |
Funded Activation Fee | $130 | $0 |
Funded Monthly Fee | $0 | $0 |
Funded Reset Fee | $999 | $0 |
Funded Resets Allowed | Yes | No |
Funded Reset Count | 3 | 0 |
Reset Recovery Window | 0 days | 0 days |
Payout rules affect both the amount you get paid and how fast that money gets to your bank account.
Take Profit Trader offers a 80% profit split requiring 1 trading days per payout, while My Funded Futures provides 90% with 10.5 trading days needed.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Profit Split | 80% | 90% |
Min Trading Days | 0 | 0 |
Trading Days Per Payout | 1 | 10.5 |
Min Winning Days | 0 | 0 |
Min Profit Per Winning Day | $0 | $0 |
First Payout Ends Drawdown | No | No |
Take Profit Trader requires a minimum account balance of $103,000 and minimum payout of $51, with limits of No per payout (short-term) and no limit (full-term). My Funded Futures requires $103,100 balance and $1,000 minimum payout, with limits of No per payout (short-term) and no limit (full-term).
You are entitled to $0 pre-split with Take Profit Trader and $10,000 with My Funded Futures before profit sharing is applied.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Min Account Balance | $103,000 | $103,100 |
Min Payout Amount | $51 | $1,000 |
Amount Pre-Split | $0 | $10,000 |
Max Amount (Short) | No | No |
Max Amount (Full) | No limit | No limit |
Max Payouts Per Month | 21 | 2 |
Before Drawdown Ends | $Ends Drawdown, closes account
| $60% Request-able, Ends drawdown
|
Take Profit Trader requires 0 days for short-term and 0 days for full-term payout requests, with 1 Day approvals needed for short-term and 1 Day for full-term payouts. Their deposit timeline is 1-2 days.
My Funded Futures requires 0 days for short-term and 0 days for full-term requests, with 1-3 Days approvals needed for short-term and 1-3 Business Days for full-term payouts. Their deposit timeline is 1-3 days.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Request Days (Short) | 0 days | 0 days |
Request Days (Full) | 0 days | 0 days |
Approvals (Short) | 1 Day | 1-3 Days |
Approvals (Full) | 1 Day | 1-3 Business Days |
Deposit Timeline | 1-2 Days | 1-3 Days |
Take Profit Trader allows 5 concurrent accounts, while My Funded Futures allows 3 concurrent accounts. Concurrent accounts are a great way to scale up your account. You'll pay more in fees but there's less trade management for a higher return potential.
A max risk:reward can limit your trading, make sure your backtest results are in line withe the plan's limits.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Starting Balance | $100,000 | $100,000 |
Concurrent Accounts | 5 | 3 |
Max Risk:Reward | N/A | N/A |
Drawdown rules may be the single most important rule. One of our key pieces of advice we give traders is pay attention to the drawdown type not just the amount.
Take Profit Trader has a Intra-Day drawdown limit of $3,000 (3%) with Trailing calculation, while My Funded Futures uses a End of Day limit of $3,000 (3%).
End of Day drawdowns are more trader friendly, as you have time to recover and stick through a trade.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Max Drawdown | $3,000 (3%) | $3,000 (3%) |
Drawdown Type | Intra-Day | End of Day |
Calculation Method | Trailing | Unrealized | Trailing | Realized |
Drawdown Timeframe | Intra-Day | End of Day |
Balance Buffer After DD | $0 | $100 |
Balance That Ends DD | $103,000 | $103,100 |
Take Profit Trader enforces a funded daily loss limit of $0 (0%) with None rules, while My Funded Futures allows up to $0 (0%) None.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Daily Loss Limit | $0 (0%) | $0 (0%) |
Daily Loss Limit Type | None | None |
Max Loss After DD | $100,000 | $100,100 |
Loss Limit Formula | Starting Balance
| Starting Balance + Buffer
|
DLL Auto-liquidation | No | No |
Take Profit Trader allows up to 12 full contracts and 120 micro contracts in funded accounts, while My Funded Futures permits 10 full and 10 micro contracts.
Higher max contracts means more potential return, but also more risk.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Max Full Contracts | 12 | 10 |
Max Micro Contracts | 120 | 10 |
Full:Micro Ratio | 1:10 | 1:1 |
Take Profit Trader has no consistency requirements and does not offer scaling, while My Funded Futures has no consistency requirements and does not offer scaling. Consistency is one of the most common rules that causes account blow ups.
My Funded Futures has a lower consistency rate, making it easier to pass evaluation.
Metric | Take Profit Trader 100KTake Profit Trader | My Funded Futures 100K ExpertMy Funded Futures |
---|---|---|
Consistency Required | No | No |
Consistency Rate | N/A | N/A |
Scaling Available | No | No |
Scaling Details | N/A | N/A |
Inactivity Limit | 7 days | 7 days |
Looking for alternatives? Here are some similar plans you might want to consider comparing:
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