MyFundedFutures vs Vest: Inside the Plans Built to Take On Vest
Updated · 9 min read
In the first week of October 2026, the MyFundedFutures group launched two plans with the same rule sheet: Studio for futures traders and Elite on its perps arm, MyFundedPerps. Both offer a 10% target, a 5% static drawdown, no daily loss limit, no consistency rule and payouts marketed as on demand. That is the formula that made Vest Capital popular. Elite's $10K launch price is $140, which is $10 under Vest's matching plan. Our reading of the fine print: the headline matches Vest, but the details don't. Vest gives more room to lose (6% vs 5%), has no minimum payout and pays out in USDC that we can trace on-chain. The MyFundedFutures plans add a $100K lifetime payout cap (Elite), a daily profit cap with forfeiture (Studio), purchase limits, and, for Elite, payout docs that still say one request per day.
- Studio ($10K for $140, $20K for $280) and MyFundedPerps Elite ($5K/$10K/$25K, launch prices $70/$140/$350) share one template: 10% target, 5% static drawdown, no daily loss limit, no consistency rule, 80% split.
- Vest's closest plan (10% target, no daily limit, 80% split) costs $75/$150/$375 and gives a 6% static drawdown. Elite's launch prices sit just under it; Elite's list prices ($100/$200/$500) sit a third above it.
- Per dollar of drawdown room on a $10K account, Vest costs $0.25, Studio and Elite at launch price $0.28, and Elite at list price $0.40.
- MyFundedPerps caps lifetime payouts at $100,000 per user across every account. Studio forfeits profit above $5K/$10K a day in Sim Funded and allows one active Studio account at a time.
- Elite's challenge page says "On Demand". As of October 7 its payout docs still say "one payout request per day" for every account type.
- All three are simulated programs. Only Vest's payouts run through public withdrawal contracts we can count.
The tweet that set it up
On September 30, MyFundedFutures CEO Matt Leech posted a two-line pitch to his followers. It said a static plan was coming, and that if traders would pay premium pricing for anytime withdrawals, static drawdown and no daily loss limit, they could have it. The post passed 100,000 views.
Anyone who has watched crypto prop trading this year will recognise that list. Anytime withdrawals, a drawdown floor that never trails, and an option with no daily loss limit are the three features Vest Capital is known for. Vest is the prop program run by the Vest Markets exchange, and it is backed by names including Coinbase and Jane Street. The tweet never mentions Vest. It didn't need to.
A week later the plans arrived, on both sides of the business. MyFundedFutures launched Studio #001 and #002 for futures, calling them "the first plans of its kind in futures prop". Its perps arm, MyFundedPerps, added an Elite tier to its 1-Step challenges, marked "New" and "Limited Supply".
One rule sheet, two markets
Put Studio's rules next to Elite's and they are the same plan on different products. Both use a 10% profit target, a 5% static drawdown, no daily loss limit, no consistency rule and an 80% split. The $10K versions even cost the same at launch: $140.
| MFFU Studio #001 | MyFundedPerps Elite $10K | Vest Capital $10K (Gold) | |
|---|---|---|---|
| Market | CME futures (micros only) | Crypto, stock, FX, commodity perps | Crypto, stock, FX, commodity perps |
| Price | $140 | $200 list; $140 at launch | $150 with no daily limit ($142.50 with code XQPMX) |
| Profit target | $1,000 (10%) | 10% | 10% (20% option) |
| Max drawdown | $500 static (5%) | 5% static | 6% static |
| Daily loss limit | None | None | None (or 3–4% for a lower price) |
| Consistency rule | None | None | None |
| Profit split | 80% sim funded; 90% live | 80% | 80% or 90% |
| Payouts | "Anytime", no buffer or waiting period | "On Demand" on the challenge page; docs say one request per day | Claim any time; credited within 24h |
| Minimum payout | $250 gross | $100 gross | None |
| Caps | $5K daily profit cap, excess forfeited; one active Studio account | $100K lifetime payouts per user; $100K active funded Elite | No lifetime cap found in Vest's public docs |
| Paid in | Not stated in the Studio guide | Cash via Rise, or store credit | USDC on Base or Arbitrum |
Follow the price
Vest charges extra for removing the daily loss limit. A $10K Vest evaluation with a 10% target and 80% split costs $80 with a 3% daily limit and $150 with none. That $150 is the fair comparison for Elite and Studio, since neither has a daily limit.
Elite's list prices are $100, $200 and $500 for $5K, $10K and $25K. At launch they were on sale for $70, $140 and $350. Vest's no-daily-limit prices for the same sizes are $75, $150 and $375. So at every size, Elite's launch price comes in about 7% under Vest. Even with our Vest code, Vest's $10K costs $142.50, and Elite at $140 still undercuts it by $2.50.
The sticker price leaves out how much room you get. Vest's 6% drawdown gives you $600 of losses on a $10K account. Elite and Studio give you $500. Dividing the price by the room gives a cost per dollar of drawdown:
| $10K plan | Price | Drawdown room | Cost per $1 of room |
|---|---|---|---|
| Vest Capital, no daily limit | $150 | $600 | $0.25 |
| MFFU Studio #001 | $140 | $500 | $0.28 |
| MyFundedPerps Elite (launch price) | $140 | $500 | $0.28 |
| MyFundedPerps Elite (list price) | $200 | $500 | $0.40 |
On that measure, Vest is still the cheapest of the three. The MyFundedFutures plans look cheaper because the account is a little tighter. Once the Elite sale ends, if it goes back to list price, Elite costs about 60% more per dollar of room than Vest.
What the fine print adds
Both MyFundedFutures plans copy Vest's headline features. Their rules then add limits that Vest's public docs don't have.
- A lifetime ceiling. MyFundedPerps' payout docs say each user can receive at most $100,000 in total lifetime payouts across every MyFundedPerps account, Elite included. Buying a new account does not reset it. On top of that, the Elite page limits each customer to $200,000 in Elite evaluation purchases and $100,000 in active funded Elite accounts.
- A daily profit cap that forfeits money. Studio #001 caps Sim Funded profit at $5,000 a day ($10,000 on #002). MyFundedFutures' guide says profit above the cap is "forfeited". With a 10-micro limit that is a high bar, but a single very good day can hit it.
- A minimum payout that is half your loss room. Studio's minimum request is $250 gross. On #001, that is half the $500 drawdown. Your first payout needs a cushion equal to half of everything you are allowed to lose. Elite's minimum is 1% of the account ($100 on $10K). Vest has no minimum.
- Limited supply. Studio has "a daily purchase cap" and allows one active Studio account at a time. Elite is labelled "Limited Supply". Vest sells its tiers without a stated quota.
- One platform. Studio runs only on Hyperprop, a newer platform marked "New" in the checkout. Tradovate (and with it NinjaTrader and TradingView) and Quantower are marked "Not available for Studio".
"On Demand", according to which page?
On-demand payouts are the main selling point. MyFundedPerps' Elite cards say "Payouts: On Demand". Its other three tiers are daily, which means one request per account per day.
The firm's payout documentation, checked on October 7, says something different. It states that each funded account "can submit one payout request per day". It mentions Elite several times, covering the split, the minimum and the floor, but it never says Elite is exempt from that limit. The words "on demand" and "anytime" don't appear in it.
Get it in writing
If on-demand payouts are why you are buying Elite, ask MyFundedPerps support to confirm in writing that Elite isn't limited to one request per day, and keep that message. If the challenge page and the rulebook disagree, the rulebook usually wins.
Studio's guide is clearer. It calls payouts "Anytime" with "No waiting period, buffer, or qualifying days". The $250 minimum is the real limit on how often you can withdraw.
The trade-off with on-demand payouts
All three plans combine anytime withdrawals with a floor that never moves. That works in your favour until you withdraw. Elite's docs spell it out: the floor "never moves, including after withdrawals". Every dollar you take out is a dollar less between your balance and that floor.
Withdrawing shrinks your cushion
- $10K account, 5% static floor = $9,500
- You make $800 → balance $10,800 → cushion to floor: $1,300
- You withdraw the $800 → balance $10,000 → cushion: $500 again
- One bad day of -$500 now ends the account, even though you were up $800
Vest works the same way. This isn't a trick by any of these firms. It is how a static floor plus anytime withdrawals adds up. Withdrawing often turns profits into cash. Withdrawing everything leaves you on a brand-new account's margin for error every time. Read our explainer on static vs trailing drawdown before you choose.
What we can and can't verify
PerpsMatch rates firms by how much of their payout record we can check ourselves. All three programs are simulated. Vest's Terms describe funded balances as notional. MyFundedPerps says plainly that its accounts are simulated. Studio's funded stage is called "Sim Funded", and it only moves to a live account after 5 approved payouts or $5,000 requested ($10,000 on #002), starting at 40% of the amount requested, capped at $2,000.
Where they differ is the payment trail. Vest pays USDC through public withdrawal contracts on Base and Arbitrum, and we count those withdrawals on our Vest payouts page. MyFundedPerps pays cash through Rise, or store credit with a 10% bonus. That is normal for a futures-style firm, but nobody outside the firm can audit it. MyFundedFutures' parent brand says it has paid $250M+ to futures traders, a figure we can't check ourselves. Its perps arm only opened payout requests on September 11, 2026.
The verdict
- If you trade crypto or perps and want the original: Vest still gives more room for the money (6% vs 5%), has no minimum payout, no lifetime cap in its public docs, and on-chain payouts we can count. See our Vest Capital rules guide.
- If you want MyFundedFutures' reputation on perps: Elite at launch price is about 7% cheaper than Vest and comes from a big futures firm. Before you buy, check whether payouts really are on demand, and remember the $100K lifetime cap. Full breakdown: MyFundedPerps Elite vs Vest Capital.
- If you trade CME futures: Studio really is new for futures prop: a static drawdown in both stages and anytime payouts. Size your plan around the $250 minimum, the 10-micro limit and Hyperprop. Full rules: MyFundedFutures Studio review.
The bigger story is that Vest's formula has become what traders expect. When the best-known futures prop firm copies it on both its products within a week, other firms are likely to follow.
Frequently asked questions
Is MyFundedFutures competing with Vest Capital?
Effectively, yes. MyFundedFutures has not named Vest. But its September 30 pitch (anytime withdrawals, static drawdown, no daily loss limit) and the Studio and Elite plans it launched in October match the features Vest Capital is known for, and Elite's launch prices sit just under Vest's matching plan.
What is MyFundedFutures Studio?
Studio #001 ($10K for $140) and #002 ($20K for $280) are MyFundedFutures futures plans with a 10% target, a static max loss limit of $500 or $1,000, no daily loss limit, no consistency rule, anytime payouts with a $250 minimum, and a daily profit cap in Sim Funded. They run only on Hyperprop.
Is MyFundedPerps Elite cheaper than Vest Capital?
At launch prices, slightly: $70/$140/$350 against Vest's $75/$150/$375 for a 10% target, no daily limit and 80% split. Vest gives 6% drawdown against Elite's 5%, so Vest is cheaper per dollar of drawdown room. At Elite's $100/$200/$500 list prices, Vest is cheaper outright.
Does MyFundedPerps Elite really have on-demand payouts?
The Elite challenge page says "On Demand", but MyFundedPerps' payout docs (checked October 7, 2026) still say each funded account can submit one payout request per day and don't exempt Elite. Get written confirmation from support before buying for that reason.
Is there a payout cap at MyFundedPerps?
Yes. Each user can receive at most $100,000 in lifetime payouts across all MyFundedPerps accounts, counted after the split, and new accounts don't reset it. Elite also limits each customer to $100,000 in active funded Elite accounts.
Sources
- Matt Leech on X
- MyFundedFutures Help Center — Studio #001 & #002: A Comprehensive Guide
- MyFundedFutures
- MyFundedPerps challenge page
- MyFundedPerps docs — Payouts
- MyFundedPerps docs — Challenges and rules
- Vest Capital docs — Overview
- Vest Capital docs — Claiming profit
- Vest Capital docs — Loss limits
- Vest Capital terms
Educational content, not financial advice. Perps and prop evaluations are high-risk; firm rules change, so check each firm's current terms.
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