MyFundedFutures Trades Intraday Drawdown for a 30% Consistency Rule

MyFundedFutures has introduced a 50K evaluation plan called Rapid EOD, featuring a $3,000 profit target, a $2,000 maximum loss limit and an end-of-day trailing drawdown in both the evaluation and simulated-funded stages. The plan has no daily loss limit and requires at least four trading days.

Founder and CEO Matt Leech previewed the product on X a day before launch, describing it as either the biggest thing to happen to the prop firm industry since sliced bread or a massive bust. The firm also published a comparison against its standard Rapid plan on X, noting that Rapid EOD carries a lower contract allowance and a stricter consistency requirement in exchange for the EOD drawdown model.

Rapid EOD allows three mini or 30 micro contracts, while the standard Rapid 50K plan allows five mini or 50 micro contracts and can be completed in two days. Evaluation profit is subject to a 30% consistency rule, meaning the best day cannot exceed 30% of total profit. At the $3,000 target, that caps the best day at $900; a $1,200 best day would require at least $4,000 in total profit, and a $1,500 best day would require $5,000. The rule no longer applies once the trader reaches the simulated-funded stage. Responses from traders were mixed: one asked for a 50% threshold, another suggested 35-40%.

The product puts MyFundedFutures alongside other firms with similar 50K evaluation economics. Tradeify's Select evaluation uses a $3,000 target and $2,000 EOD drawdown with a 40% consistency rule, while Topstep's 50K Combine has a 50% consistency target and allows up to five mini contracts. Tradeify pays 90% after a $2,100 buffer but applies a $1,000 daily loss limit and payout cap on the 50K plan; Topstep charges $49 per month plus $149 to activate Express Funded on its standard path, or $95 per month with no activation fee.

For payouts, Rapid EOD traders must first generate $2,100 in realized profit; the minimum request is $500, and approved payouts are 90%. Subsequent payouts unlock after each additional $500 in net profit. There is no maximum payout per cycle, although a $10,000 daily profit cap applies. Traders may hold up to three Rapid EOD simulated-funded accounts, giving $150,000 in combined nominal buying power with a total $6,000 maximum loss allowance. The product is limited-time, and one customer's email promotion displayed a 60% discount.

Both evaluation and funded stages use simulated capital, with the company disclosing that no orders are executed in live markets. Live transition follows the standard Rapid path: automatic after $10,000 in single-session net profit or after a risk-team review. The live 50K account has a $2,000 EOD loss limit, four mini contracts, a 90% profit share, and up to $5,000 of simulated-funded profit can be placed into reserve at transition. The launch follows strong payout growth: tracked crypto payouts reached $38.5 million in Q1 2026, up 160.6% year over year.