Comparison

Apex vs MyFundedFutures

Two of the most algo-friendly futures prop firms in the space. Both use static-style drawdown, both allow automation, and both have competitive pricing. Here's where they differ — and which rules matter more for a Pine Script strategy running on TradingView.

Rule-by-rule comparison — 50k accounts

What the key rule differences mean for Pine Scripts

Daily loss limit: Apex's biggest automation advantage

Apex has no daily loss limit during the evaluation. A Pine Script runs freely all session — there's no intraday floor that halts new entries after a string of losses. The strategy can take its full set of signals regardless of how the morning session went.

MyFundedFutures enforces a daily loss limit of approximately $1,500 on the 50k account. That means your Pine Script needs a session-level circuit breaker: track intraday P&L, and when it drops to the daily floor, stop opening new positions. At $150/trade risk, that's 10 losses before the daily limit kicks in — manageable, but it adds a logic layer the strategy must handle.

For pure automation simplicity, Apex's no-daily-limit structure is the easier rule set to code around. If you're already building a strategy that includes daily risk management (which you should regardless), MFF's $1,500 floor isn't a major obstacle — just an additional parameter to configure.

Drawdown structure: trailing threshold vs. static

Apex uses a trailing drawdown that starts following your peak equity from the moment the account goes live. However, once you gain $100 in profit, the trailing threshold locks in at that level and stops trailing further. This means after an early winning session, your drawdown floor is effectively fixed for the rest of the evaluation — behaving similar to a static drawdown after the lock.

MyFundedFutures uses a true static EOD drawdown: the floor is calculated based on your end-of-day balance and never moves against you intraday. Your Pine Script can be sized knowing the worst-case drawdown exposure is fixed and predictable.

In practice, both are much easier to code around than Topstep's pure EOD trailing drawdown (which follows every session's closing equity upward, continuously raising the floor as you profit).

Evaluation structure: one phase vs. two phases

Apex runs a single evaluation phase. You hit the profit target, meet the minimum days, and you're funded. The strategy only needs to perform in one context.

MyFundedFutures uses a two-phase evaluation. Phase 1 typically has a higher profit target; Phase 2 has a lower target and serves as a verification pass. If you're automating, the strategy needs to perform across two separate accounts in sequence — and the sizing considerations may differ between phases depending on how close you are to each target.

Consistency rule: both firms apply the 30% cap

Both Apex and MyFundedFutures enforce a 30% consistency rule: no single trading day should account for more than 30% of your total evaluation profit. This is an important constraint for algorithmic strategies that might generate outsized returns on high-volatility days (like FOMC or NFP sessions).

If a strategy signals heavily into a big macro move and books 40% of total profits in one session, the consistency rule can disqualify an otherwise successful evaluation. The fix is to cap daily profit targets at 28–29% of total as a safety margin, or to size down position counts during known high-volatility events.

MFF's two-phase structure: more data, more validation

The flip side of MFF's two-phase evaluation: it produces more data about the strategy's performance. If your Pine Script passes Phase 1 with consistent results, you already have statistical confidence going into Phase 2. Firms like MFF that require two phases also tend to have more institutional-feeling risk departments — which can mean fewer unexpected rule changes or policy updates compared to smaller, single-phase firms.

Pricing: Apex promos vs. MFF standard rates

Apex runs frequent promotional sales. A 50k evaluation regularly drops to under $50, and during peak promotional periods can go as low as $7. At those prices, multiple Apex evaluations can be purchased for the cost of a single MFF evaluation.

MyFundedFutures typically charges $60–$180 for a single evaluation depending on account size and whether it's a one-step or two-step program. MFF's pricing is more predictable since it doesn't fluctuate with promotional windows. If you prefer to plan costs in advance rather than waiting for a sale, MFF's pricing is more consistent.

Which firm should you choose?

Pine Script automation stack for both firms

Both Apex and MFF support TradingView + TradersPost as an automation pipeline. The general setup:

• Pine Script strategy fires alerts on TradingView
• TradersPost receives webhook alerts and routes orders to the prop firm broker
• Risk parameters (max position size, daily loss halt, drawdown floor) are configured in the Pine Script or enforced at the TradersPost layer

The key difference in the script configuration:

• For Apex: no daily loss limit variable needed; focus on the 30% consistency cap and trailing drawdown lock level
• For MFF: add a daily P&L tracker and circuit breaker set to $1,450 (slightly inside the $1,500 floor for buffer); track both phases separately if running two evaluations

Our Pine Script strategies include built-in drawdown management and daily floor logic that can be configured for either firm. See the Apex strategy page or MyFundedFutures strategy page for firm-specific setup details.

How does MFF compare to Topstep?

If you're also considering Topstep, the comparison shifts significantly: Topstep uses a pure EOD trailing drawdown (the floor follows your equity upward every session), which is harder for algo traders to manage. See our Topstep vs MyFundedFutures comparison for a full breakdown of that matchup.

FAQ

Does MyFundedFutures allow automated Pine Script trading?

Yes, MFF allows automated trading including TradingView/Pine Script setups connected via webhook automation (e.g., TradersPost). Automated trading is permitted on both evaluation and funded accounts.

Is Apex or MyFundedFutures cheaper?

Apex regularly runs promotions bringing a 50k evaluation to as low as $7. MyFundedFutures pricing is typically $60–$180 for a single evaluation. At promotion prices, Apex is significantly cheaper.

Which has better drawdown rules for algo traders — Apex or MFF?

Both use static drawdown, which is simpler for algorithms than trailing EOD drawdown (like Topstep). The difference: Apex has no daily loss limit during eval (simpler for automation), while MFF enforces a daily loss limit that your strategy must respect.