Tier 1Tier 2for Beginners

Apex Trader Funding vs My Funded Futures for Beginners

Verdict for Beginners

Recommendation: My Funded Futures is the better choice for beginners.

My Funded Futures is more beginner-friendly. The 1-step evaluation means fewer hurdles to clear.

Apex Trader FundingMy Funded Futures
Evaluation Type1-step1-step
Drawdown TypeTrailing Intraday (floor moves with every tick)Trailing EOD (floor moves up at end of day)
Consistency RuleNo single day > 30% of total profitNo single day > 40% of total profit
Min Trading Days7None
Daily Loss LimitNone2.5%
News Tradingrestrictedallowed
Cheapest Entry$147$150
Beginner Analysis

As a beginner, the most important factor is how forgiving the rules are. Apex Trader Funding uses trailing intraday (floor moves with every tick), which is harder to manage. The floor moves up with your profits, so a winning streak followed by losses can still breach you. My Funded Futures uses trailing eod (floor moves up at end of day).

Rule complexity matters when you are learning. Apex Trader Funding has a consistency rule (No single day > 30% of total profit), which adds another variable to track. My Funded Futures has a consistency rule (No single day > 40% of total profit). Apex Trader Funding requires 7 minimum trading days. Fewer rules means fewer ways to accidentally fail.

Start with the smallest, cheapest account to limit the cost of learning. Apex Trader Funding's entry point is $147 for $25,000. My Funded Futures starts at $150 for $50,000. Treat the first 1-2 attempts as tuition. Once you understand how the drawdown rules actually feel in practice, you can size up.

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Frequently Asked Questions

Is Apex Trader Funding or My Funded Futures easier for beginners?

For beginners, both firms use trailing drawdown, which requires more experience. Both have similar rule complexity.

Should beginners choose 1-step or 2-step evaluations?

A 1-step evaluation has fewer phases to pass, which means less time and fewer opportunities to fail. Apex Trader Funding uses 1-step, while My Funded Futures uses 1-step. For a first-time prop trader, fewer steps means a simpler path to funding.

What is the cheapest way to start as a beginner with Apex Trader Funding or My Funded Futures?

Start with the smallest account size to minimize risk. Apex Trader Funding's cheapest option is $25,000 for $147. My Funded Futures's cheapest is $50,000 for $150. A smaller account means smaller losses during the learning phase.

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