Detailed Comparison

Detailed Comparison

Evaluation Process

Firm
Evaluation Steps
Minimum Trading Days
Evaluation Complexity

MyFundedFutures.com

1-Step

None

Flexible, can be quick

Topstep

2-Step

Varies (Minimum 5)

More comprehensive

Apex Trader Funding

1-Step

7

Simple and straightforward

TickTickTrader

None (Direct Funding)

None

Instant access to capital

Take Profit Trader

1-Step

5

Quick path to funding

Belunox

1-Step

Not specified

Standard evaluation

Pros and Cons:

  • Quick Funding: Firms like MyFundedFutures.com, Apex Trader Funding, and Take Profit Trader offer one-step evaluations, allowing traders to get funded faster.

  • Direct Funding: TickTickTrader provides instant funding without any evaluation, suitable for experienced traders who want immediate access.

  • Comprehensive Evaluation: Topstep's two-step evaluation may be beneficial for traders who prefer a structured and thorough assessment.

Account Options and Pricing

Considerations:

  • Variety of Account Sizes: All firms offer multiple account sizes to accommodate different trading styles and risk levels.

  • Fees Structure: Monthly fees are common during the evaluation phase. TickTickTrader stands out with one-time fees.

  • Discounts and Promotions: Some firms offer discounts or promotional codes to reduce costs.

Profit Split and Payouts

Firm
Initial Profit Split
After Threshold
Payout Frequency

MyFundedFutures.com

100% up to $10K

90% thereafter

Weekly

Topstep

Not specified

Not specified

Processed Daily

Apex Trader Funding

100% up to $25K

90% thereafter

Twice a month

TickTickTrader

80%-90%

N/A

Withdraw anytime

Take Profit Trader

80% (90% in PRO+)

N/A

Immediate

Belunox

100% of first $10K

Up to 90% thereafter

Not specified

Pros and Cons:

  • High Initial Profit Retention: Apex Trader Funding and Belunox allow traders to keep 100% of significant initial profits.

  • Frequent Payouts: Topstep and MyFundedFutures.com offer frequent payouts, beneficial for traders wanting regular access to earnings.

  • Immediate Withdrawals: Take Profit Trader and TickTickTrader provide flexibility with withdrawals, including from day one.

Trading Rules and Flexibility

Key Points:

  • Daily Loss Limits: Vary by firm; some have none (Apex Trader Funding) while others enforce strict limits.

  • Scaling Plans: Firms like Take Profit Trader and MyFundedFutures.com do not require scaling, allowing full contract sizes immediately.

  • Trading Times: Apex Trader Funding allows trading during news events and holidays, providing more opportunities.

  • Drawdown Types: End-of-Day (EOD) vs. Intraday Drawdown can impact trading strategies; EOD drawdown offers more intraday flexibility.

Pros and Cons:

  • Flexibility: Firms with fewer restrictions (e.g., Apex Trader Funding, TickTickTrader) may appeal to traders wanting more freedom.

  • Risk Management Focus: Firms like Topstep emphasize strict risk management, which can benefit traders needing discipline.

Trading Platforms Supported

Firm
Platforms Supported

MyFundedFutures.com

TradingView, NinjaTrader, Tradovate, etc.

Topstep

TopstepX™, NinjaTrader, TradingView, etc.

Apex Trader Funding

NinjaTrader, Tradovate (TradingView compatible)

TickTickTrader

Tradovate (TradingView compatible)

Take Profit Trader

NinjaTrader, TradingView, Tradovate, etc.

Belunox

Proprietary Trading Terminal

Pros and Cons:

  • Platform Variety: MyFundedFutures.com and Take Profit Trader offer a wide range of platform choices.

  • Proprietary Platforms: Topstep and Belunox have their own platforms, which may offer unique features but limit choice.

  • Compatibility with Popular Platforms: Apex Trader Funding and TickTickTrader support TradingView via Tradovate, appealing to traders who prefer this interface.

Customer Support and Resources

Considerations:

  • Live Support: Take Profit Trader offers 24/7 live support, providing immediate assistance.

  • Educational Resources: Topstep provides coaching and a trading community, beneficial for learning.

  • Community Engagement: Firms with active communities (e.g., MyFundedFutures.com with Discord) offer networking opportunities.

  • Support Availability: Varies by firm; important to consider if you anticipate needing assistance.

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