MyFundedFutures Rapid EOD launched as a new 50K evaluation with a $3,000 profit target, a $2,000 maximum loss limit, and no daily loss limit. The plan uses an end-of-day trailing drawdown in both the evaluation stage and the simulated-funded stage. However, traders must meet a 30% consistency rule during the evaluation.
Under that rule, a trader’s best day cannot make up more than 30% of total evaluation profit. At the $3,000 target, that caps the top day at $900. Therefore, a trader with a $1,200 best day would need $4,000 in total profit, while a $1,500 best day would require $5,000.
MyFundedFutures Rapid EOD Trading Rules
The new account allows three mini contracts or 30 micro contracts. By contrast, the standard Rapid 50K account allows five mini or 50 micro contracts. Rapid EOD also requires at least four trading days, while the standard Rapid account can be completed in two.
MyFundedFutures said the consistency rule ends once a trader reaches the simulated-funded stage. Several traders focused on that limit in replies to the launch. One user asked for a 50% threshold and said four evaluation days were too many. Another suggested a range of 35% to 40%.
Payout Terms and Live Transition
MyFundedFutures Rapid EOD requires traders to make $2,100 in realized profit before the first simulated-funded payout request. The minimum request is $500, and the trader receives 90% of the approved amount. After that, each new payout opens once the account adds another $500 in net profit.
The firm said it does not set a maximum payout per cycle. However, the plan includes a $10,000 daily profit cap. MyFundedFutures also said on X that traders can run three Rapid EOD simulated-funded accounts, which equals $150,000 in nominal buying power and a combined maximum loss allowance of $6,000.
Both stages use simulated capital, according to the company’s disclosure. Orders placed during the evaluation and simulated-funded phases do not go to live markets. Meanwhile, the product follows the same live-transition rules as standard Rapid. A trader can move automatically after making $10,000 in net profit in one session, or after a review by the company’s risk team.
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Source: Finance Magnates
