MyFundedFutures VS TickTickTrader

Overview

In this article, we’ll be looking at two prominent prop trading firms, MyFundedFutures and TickTickTrader, side by side, exploring the elements to consider when choosing which firm is likely to better suit your requirements. Both firms offer aspiring traders a platform to showcase their trading skills and earn funding, yet they cater to distinct requirements and experience levels.

MyFundedFutures gives you the chance to engage in futures trading using simulated funds, eliminating the need to risk your own money. If you succeed in the firm’s evaluation phase, you’ll be eligible to receive up to $600,000 in funding to trade in the futures market, with the option to withdraw profits once a fortnight.

Linked to the well-established MyFundedFX, which has a notable history in the forex market, MyFundedFutures seems poised to emulate not only the operational approach of its sister firm, but also its record of excellence.

From the specifics of funding allocations and account choices to the trading platforms they offer, MyFundedFutures emphasises clarity and transparency, aiming to ensure that its funding arrangements meet the needs of its traders. If you decide to partner with the firm, you’ll also enjoy a substantial 90% share of the profits (and 100% of your first $10,000 in earnings).

TickTickTrader, founded in 2022, is the brainchild of professional traders with over two decades of experience in the sector. Disillusioned by their experiences at other prop trading firms, they set out to create a platform free from the constraints and complexities they encountered elsewhere. This initiative has resulted in a highly transparent platform dedicated to aiding traders in achieving financial independence with clear, reliable rules.

The business philosophy at TickTickTrader places the success of its traders at the forefront, shifting away from the profit-driven models typical in the trading world. With a deep understanding of current market dynamics, the firm aims to offer cutting-edge services to contemporary futures traders. Customer support is exceptionally responsive, available around the clock, and the firm fosters a uniquely supportive and encouraging trading atmosphere.

MyFundedFutures is best for:	TickTick is Best for:
Aspiring futures prop traders	Experienced traders who’ve already had some success with futures trading.
Very fast payouts	Traders who would like to take home a significant profit share.
Simplified challenge with only one phase and close to 25% pass rate	Those seeking a wide range of challenge options and levels of funding.
Substantial 90% profit share	Traders who’ll appreciate a highly supportive trading community.
Responsive and effective customer support

TickTick vs. MyFundedFutures: A Comparative Table & Rules

MyFundedFutures and TickTickTrader are both excellent platforms, equipped with advanced features designed to maximise your trading potential. Each firm provides traders the opportunity to access markets without the need to invest their own capital. In the table below we provide a detailed comparison of the rules and features offered by the two firms.

Feature	MyFundedFutures	TickTickTrader
Challenge Types	Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures.	Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures.
Challenge Account Sizes	$30,000, $50,000, $100,000, $150,000	Different challenges between $25,000, $50,000 & $100,000
Challenge Cost	$100 – $500/month	$145 up to $285/month
Minimum Trading Days	1 Day	none
Max Daily Loss	none	$500 to $2,500
Max Drawdown	$4,500	$1,000 to $3,000
Payout Split	90/10 (trader/firm) Keep 100% on first $10,000 profits	100% payout the first 3 months of withdrawals. After that, TickTickTrader has a profit split of 90/10.
Profit Target	$3,000 to $12,000	$1,500 up to $6,000

Additional Points:

TickTickTrader: TickTickTrader’s Direct Accounts boast four main benefits: greater trading flexibility, more potential for profit, the ability to withdraw earnings instantly, and the option to begin trading straight away with a TTTPerformance Account, bypassing the evaluation stage altogether.

MyFundedFutures is the leading trading evaluation platform in the industry. The 30K Static Account offers traders a fixed drawdown that never changes, allowing full payouts after 60 days (minus $1) without losing the account. This unique feature is designed for traders’ benefit.

Types of Accounts in the 30K Static Evaluation Plan

• 30K Static Evaluation Pro Account
• 30K Static Evaluation Standard Account

MyFundedFutures: During the evaluation phase, there’s no consistency rule in place, but once you begin trading with simulated funding, a consistency rule of 40% is applied to Starter accounts (Expert accounts don’t have this rule). It means that profits from any single trading day mustn’t make up 40% or more of the total profits. If this rule is violated, you won’t be permitted to withdraw any profits. It won’t result in a breach of your account, but you will need to continue trading and making profits until the earnings of any single day constitute less than 40% of your overall profits.

MyFundedFutures Challenge key features: 

Starter:

• No activation fee
• Direct path to live
• Possibly weekly payout cycle

Expert:

• No activation fee
• No scaling plan
• No consistency rule
• No payout cap

Deeper Dive into MyFundedFutures vs. TickTick Trader

In the table below we give a more detailed examination of the rules implemented by both prop firms.

Rule Category	MyFundedFutures	TickTick Trader
Allowed Instruments	Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures.	Allowed
Scalping	Allowed	Allowed
Day Trading	Allowed	Allowed
Swing Trading	Allowed	Allowed
Holding Positions Overnight	Not Allowed	Not Allowed
Holding Positions Over Weekends	Not Allowed	Allowed
News Trading	Allowed	Not Allowed

Max Daily Loss (MDL):

• TickTickTrader: At TickTickTrader, daily loss limits are tailored to the size of each account, establishing realistic risk management boundaries for every trader. Throughout the trading day, accounts are actively monitored to ensure that these daily loss limits aren’t exceeded.

• MyFundedFutures: None – MyFundedFutures emphasises the maximum End of Day Drawdown and Consistency Rule.

Max Drawdown (MDD):

• TickTickTrader: At TickTickTrader, drawdown is assessed at the finish of each trading day throughout the evaluation period. This assessment includes only the profits that have been officially secured by day’s end, and doesn’t account for any potential profits that were targeted but not realised within the day.

• MyFundedFutures: In contrast to lots of other prop firms, MyFundedFutures doesn’t enforce a daily drawdown limit, which helpfully removes the stress you might feel from day-to-day fluctuations affecting your account. The firm instead implements a maximum End of Day drawdown policy, fixed at 3% and limited to the initial account balance plus $100. A $50,000 account, for instance, has a max EOD drawdown of $51,600, and a $150,000 account would be capped at $154,600.

Withdrawals:

• TickTickTrader: At TickTickTrader, so long as you stick to the Maintain Consistency Rule within your TTTPerformance account, you’ll have immediate access to profits once your balance exceeds the necessary minimum and safety thresholds. The firm’s payout guidelines are as follows:
• The minimum amount eligible for withdrawal is €250.
• A safety threshold must be maintained, representing the minimum profit balance required in your account to continue making withdrawals.
• TickTickTrader commits to processing all withdrawals within five business days.
• For deactivated accounts, up to 20% of total profits can be withdrawn if they exceed the safety thresholds and comply with the Maintain Consistency rules, without a minimum withdrawal limit.

For those with Direct Accounts, there is the added benefit of potential increased profits and the possibility for immediate withdrawals, bypassing the typical 40-trading-day waiting period. Once the safety threshold is surpassed, you can request a withdrawal.

• MyFundedFutures: Withdrawals are initially capped by a maximum limit based on your starting balance and the maximum drawdown percentage during the first 60 days of the Starter funded programs. For example, a trader with a $50,000 account subject to a 4% maximum drawdown could withdraw no more than $2,000 every two weeks. After this initial two-month period, however, payouts become entirely unrestricted – a significant benefit of MyFundedFutures, especially since many other prop firms impose withdrawal limits based on drawdown for at least 90 days. For those on Expert plans, there aren’t any restrictions on the amount that can be withdrawn. The only stipulation is that withdrawals can only be made once a fortnight.

Leverage:

Leverage Futures	MyFundedFutures	TickTickTrader
Futures	1.1	1:1

TickTickTrader vs. MyFundedFutures: Pros and Cons

TickTickTrader:

MyFundedFutures:

Conclusion

Both MyFundedFutures and TickTickTrader present attractive options for traders looking to acquire external capital with which to trade. MyFundedFutures is recognised as a leading futures trading firm in the prop trading sector, making it an appealing choice for traders focused on achieving financial freedom through effective risk management techniques. The firm offers a favourable profit-sharing arrangement, giving traders a substantial share of their earnings. It also features a simplified evaluation process with no daily loss limits and restrictions on trading days, allowing traders to quickly qualify for a substantial level of funding. MyFundedFutures supports a wide variety of trading platforms and provides the potential to trade with up to $600,000, accommodating both highly experienced traders in need of considerable capital and newer traders seeking a trustworthy firm with competitive fees.

TickTickTrader‘s relaxed approach is particularly suitable for traders possessing at least some experience who can benefit from the freedom to trade with fewer restrictions, including larger daily limits and no mandatory minimum trading days. The firm’s pricing structure is designed to scale with increasing account sizes, while its risk management policies strike a careful balance between minimising risk and allowing traders the flexibility to pursue successful trading strategies. Like MyFundedFutures, TickTickTrader focuses exclusively on futures trading, and doesn’t support overnight holding or automated trading systems. Despite these limitations, TickTickTrader remains an excellent firm with a number of significant benefits.

In summary, therefore, traders who prefer a more structured environment to nurture their trading careers, along with access to a supportive trading community, might find TickTickTrader more appealing. Further details about the firm are available on our website. Alternatively, traders who value the straightforward and efficient approach of MyFundedFutures might choose to partner with them.

The information provided here should be thought of as an initial guide, but a deeper exploration of both firms’ offerings, including their programs, pricing, and regulations, is essential to identify the best match for your trading needs and ambitions.