IQ Capital vs My Funded Futures
IQ Capital vs My Funded Futures: Key Differences
There is a modest pricing gap between these firms. IQ Capital comes in at $39 for the $50K evaluation while the other charges $77 — a $38 difference. That is roughly the cost of a reset at most firms, so it is worth factoring in if you budget for multiple attempts. Check available IQ Capital discount codes and My Funded Futures discount codes for additional savings.
The profit split gap is notable. IQ Capital returns 90% of your profits, putting $900 in your pocket for every $1,000 earned. The other firm's 80% split means you would receive $800 on that same amount — a $100 per-thousand difference that scales with every payout.
IQ Capital provides $3,000 of drawdown room compared to $2,000 — an extra $1,000 buffer that can be the difference between surviving a losing streak and blowing an account.
IQ Capital imposes no minimum trading days, so a skilled trader could theoretically pass in a single session, while My Funded Futures requires at least 1 days.
IQ Capital does not enforce a daily loss limit while My Funded Futures caps daily losses at $1,000. These operational differences can shape your day-to-day experience, particularly if your strategy depends on volatility around economic releases or requires more intraday flexibility.
View the full details on each firm's page: IQ Capital rules & pricing and My Funded Futures rules & pricing.
We have conducted full, first-person reviews of IQ Capital and My Funded Futures.
IQ Capital vs My Funded Futures: Prices & Rules
| IQ Capital | My Funded Futures | |
|---|---|---|
| Account | Core $50,000 | Builder $50,000 |
| Price | $39 ($195 before 80% off) | $77 ($153 before 50% off) |
| Activation fee | $129 | None listed |
| Profit target | $3,000 | $3,000 |
| Max drawdown | $3,000 (end-of-day trailing) | $2,000 (end-of-day trailing) |
| Daily loss limit | None listed | $1,000 |
| Min trading days | None listed | 1 |
| Funded profit split | 90% | 80% |
| Funded max drawdown | $3,000 (end-of-day trailing) | $2,000 (end-of-day trailing) |
Trading Rules: Side-by-Side
| Rule | IQ Capital | My Funded Futures |
|---|---|---|
| News Trading | Allowed | Allowed |
| Weekend Holding | Not allowed | Not allowed |
| Overnight Holding | Not allowed | Not allowed |
| Hedging | Not allowed | Not allowed |
| Copy Trading | Not allowed | Allowed |
| Expert Advisors (EAs) | Allowed | Allowed |
Rules shown reflect the $50K challenge account. Some rules may differ by account size or type.
Which Firm Is Right for You?
The best prop firm depends on your experience level, trading style, and priorities. Here is how IQ Capital and My Funded Futures stack up for different types of traders.
Budget-Conscious Beginners
New to prop firms and want to minimize risk while learning the ropes.
IQ Capital
- +Lower entry cost at $39 vs $77
- +More forgiving $3,000 max drawdown gives beginners extra room
Experienced Traders
Consistent track record, focused on maximizing earnings and scaling capital.
IQ Capital
- +Higher 90% profit split means more earnings per trade
Conservative Swing Traders
Prefer wider stops, lower risk, and the flexibility to hold positions longer.
IQ Capital
- +Larger $3,000 drawdown buffer for safer position management
Frequently Asked Questions
What does a $50K challenge cost at IQ Capital vs My Funded Futures?
IQ Capital charges $39 for their $50K challenge (plus a $129 activation fee once funded), compared to $77 at My Funded Futures. That is a $38 savings upfront. This already includes IQ Capital's 80% discount.
How do IQ Capital and My Funded Futures profit splits compare?
IQ Capital gives you 90% of your trading profits versus 80% at My Funded Futures. In practice, if you earn $2,000 in a payout cycle, you would receive $1800 from IQ Capital and $1600 from My Funded Futures — a $200 difference per $2,000 earned.
Which firm has easier drawdown rules for the $50K account?
IQ Capital provides a $3,000 max drawdown compared to $2,000 at My Funded Futures — $1,000 more breathing room.
Can I trade during news events at IQ Capital or My Funded Futures?
Both IQ Capital and My Funded Futures allow news trading. This is particularly valuable for traders who capitalize on volatility around FOMC announcements, NFP releases, and CPI data drops.
How quickly can I get paid at IQ Capital vs My Funded Futures?
My Funded Futures gets you paid sooner with just 2 minimum trading days to payout, compared to 4 at IQ Capital. My Funded Futures supports Rise.
Do IQ Capital or My Funded Futures have a consistency rule?
Yes, both firms enforce a consistency rule. IQ Capital requires 30% and My Funded Futures requires 50%. This means no single trading day's profit can exceed 50% of your total profits. The lower threshold at IQ Capital is actually stricter — a higher percentage means each day can contribute a larger share of total profit.
Which firm is better for beginner futures traders?
For beginners, IQ Capital has an edge thanks to lower challenge fee, more forgiving drawdown, no minimum day requirement. These features reduce the pressure while you are still developing consistency. That said, both firms are viable — the best choice depends on your specific trading approach and budget.
Related Comparisons
Related Resources
- IQ Capital Discount Codes — Current promotions and verified coupon codes
- My Funded Futures Discount Codes — Current promotions and verified coupon codes
- IQ Capital Instant Plans — Rules and sizes for Instant accounts
- IQ Capital Instant DLL Plans — Rules and sizes for Instant DLL accounts
- IQ Capital Core Plans — Rules and sizes for Core accounts
- IQ Capital Core DLL Plans — Rules and sizes for Core DLL accounts
- IQ Capital Rapid Plans — Rules and sizes for Rapid accounts
- My Funded Futures Builder Plans — Rules and sizes for Builder accounts
- My Funded Futures Pro Plans — Rules and sizes for Pro accounts
- My Funded Futures Rapid EOD Plans — Rules and sizes for Rapid EOD accounts
- My Funded Futures Rapid Plans — Rules and sizes for Rapid accounts
- Compare More Firms — Build your own side-by-side comparison
- How to Pass a Prop Firm Challenge — A step-by-step plan for the evaluation
- Cheapest Futures Prop Firms — Ranked by total cost to get funded
- Trailing Drawdown Explained — How EOD and intraday trailing drawdowns differ
- No Consistency Rule Prop Firms — Firms that don't cap your best day
- Best Instant Funding Prop Firms — Skip the evaluation entirely
- Trading Guides — Learn strategies for passing prop firm evaluations
Data is updated regularly but may not reflect the latest changes. Always verify current pricing and rules on each firm's official website before making a decision.
