The Futures Desk emerges as 2024's newest trader evaluation company that offers something unique - traders can receive uncapped payouts within six days after going live.
This prop firm caters to futures traders with flexible account options from $100,000 to $250,000 in trading capital. On top of that, traders can grow their accounts by getting more contracts for every $3,000 they earn.
The company's trader-first approach to risk management makes it stand out from competitors. Traders can create their own risk parameters, which include soft daily drawdown limits and individual-specific session lockouts. The platform tracks positions in real-time and automatically closes them when limits are reached.
The Futures Desk aims to become a revolutionary force in prop trading with competitive commission rates of $2.30 round-turn for NQ futures contracts and no trailing drawdown restrictions. This review will get into whether this new evaluation firm delivers on its promises effectively.
The Futures Desk is a forward-looking proprietary trading firm that gives traders access to substantial trading capital through regulated FCM brokers. The firm works exclusively with Dorman/Plus500 to ensure funded accounts meet NFA and CFTC compliance standards.
A flexible account structure sets The Futures Desk apart. Traders can customize their evaluation parameters and choose between end-of-day or static drawdown limits based on their style. The platform supports micro-scalping strategies while keeping some of the lowest commission rates in the industry.
The firm's reliable setup combines smoothly with advanced trading platforms through TFDX and Rithmic data feeds. Traders can use any compatible software package that connects to these feeds, which gives them freedom to pick their preferred trading interface.
Live journaling makes this platform stand out. It comes with advanced analytics and trade management tools. Traders get:
The firm has three account tiers:
Funded traders receive these benefits:
The Futures Desk serves futures traders who trade CME Group listed products. Active traders love this platform because it:
Offers daily trading opportunities and supports various trading styles, especially micro-scalping strategies. The platform follows CME guidelines strictly while offering competitive rates, like $2.30 round-turn rates on NQ contracts.
The platform promotes safe trading by limiting reset options to once per day. Changes take effect the next trading session. This helps traders stay methodical instead of taking aggressive risks.
Rise handles payments for international traders, while U.S.-based traders get direct wire transfers as trading partners. This makes fund distribution quick and easy no matter where traders live.
The Futures Desk stands out with its unique evaluation process. Traders can customize their challenge structure to match their trading style.
Traders start by picking their account settings. They need to choose between two main types of drawdown:
Traders can work with up to 12 contracts at first. They get chances to handle more contracts after they show steady results. The platform keeps traders safe with daily loss limits that stop accounts from crashing.
The Futures Desk handles profit targets differently than other prop firms. The platform adds extra profits to your target instead of penalizing you for going over daily limits. This lets traders:
Successful traders move up to the Associate Desk where their earnings go straight to their brokerage/payout balance. The platform moves traders to live brokerage accounts once their virtual balance matches their plan's drawdown amount.
Traders get more flexibility with timelines than industry standards. They can finish their assessment in as few as five days. The platform also offers longer evaluation periods with these features:
The platform supports traders with:
Traders who miss their targets can reset their evaluation account. Reset costs change based on account size and drawdown settings. Traders must start their chosen desk within 30 calendar days or face temporary suspension.
Traders need to master three areas to graduate:
This structure helps traders develop discipline. It gives them room to show their skills without strict rules getting in the way. The platform creates a balanced system that works for different trading styles.
The cost structure is a vital aspect to understand before you commit to any prop firm. The Futures Desk's pricing model breaks down into simple components.
The Futures Desk has three evaluation tiers that match different trading goals. The Starter package begins at $119 and gives you $100,000 in trading capital. The Popular tier costs $259 with $175,000 in capital, while the Premium package runs $569 and gives you $250,000 in trading capital.
You can save money through the firm's unique pricing structure. A higher upfront payment removes the activation charge and reduces your total costs.
The Futures Desk stands out by not charging monthly fees after you pass the evaluation. You'll need to think over market data costs that change based on your platform choice and data feed needs.
CME markets typically cost:
The platform supports TFDX and Rithmic data feeds, so you can pick your preferred trading solution. NQ contracts cost $2.30 round-trip for execution.
The Futures Desk keeps payouts simple with two main methods:
Your funded status lets you withdraw money daily. You can ask for payouts every day before 11 AM, Monday through Friday, and get same-day processing.
The Futures Desk's reset policies help traders grow. Failed evaluation accounts can be reset, but a few things affect the cost:
Your chosen desk needs activation within 30 calendar days to stay active. A suspended account gives you three months to renew through the User Section or by asking support.
The platform shows all costs upfront, so you know what to expect. This matches their trader-first approach and removes the hidden fees that other evaluation programs often have.
Live trader performance data gives us significant insights about The Futures Desk's effectiveness as a prop trading platform. The firm shows promising results for dedicated futures traders based on detailed analysis.
Statistical data shows that about 5-10% of traders achieve consistent profitability in futures trading. The Futures Desk reports higher success rates among their reviewed traders because of their well-laid-out approach and risk management tools.
Traders who stick to disciplined strategies perform better on the platform. Those who employ the platform's built-in risk management features show improved consistency in their trading outcomes.
There's another reason behind trader success that comes from the firm's focus on:
The Futures Desk requires six trading days as minimum duration to achieve funded status. Traders who show consistent performance can move to live accounts by a lot faster than industry standards.
Quality matters more than speed in the evaluation process, as shown by these requirements:
Successful traders who pass evaluations often share common traits:
The Futures Desk runs a quick payout system with clear processes. Funded traders can access:
The platform processes payments via Rise for international traders, which ensures reliable fund distribution whatever their location. U.S.-based traders get direct wire transfers as trading partners, making withdrawals simple.
The payout structure follows a systematic approach:
Traders receive 100% profit share on their first USD 25,000 earned per account. They keep 90% of profits after that, making The Futures Desk one of the most competitive platforms for profit-sharing deals.
Traders who advance to brokerage accounts enjoy:
The platform's steadfast dedication to transparent payouts shows in their policy against simulated fund withdrawals. This approach will give a trustworthy relationship between the firm and its traders since all capital earned reflects real market performance.
The Futures Desk platform offers innovative features, but traders should know about its limitations before investing their money. Our analysis of user experiences and platform data reveals several constraints that affect the service's performance.
The platform has strict rules to stop gambling-like behavior. Traders face these key limitations:
The firm retains control to decide what counts as prohibited conduct. They can remove transactions from trading history or end services without compensation if they spot such behavior.
The Futures Desk faces similar technical challenges as other digital trading platforms. The reliable infrastructure sometimes shows problems through:
Automated trading adds more complexity to the mix. Algorithms excel in specific market conditions but might struggle in others. Sometimes human judgment works better than automation, which leads to missed opportunities.
Quick customer service makes a big difference in trading operations. The data we collected shows these support patterns:
Standard issues take 15 minutes to 2 hours for first response. Resolution times change based on:
The platform tries to help right away with critical technical issues, such as:
Some traders say they get the same troubleshooting advice without finding real solutions. This becomes a bigger headache with complex technical issues that need expert help.
The platform's support team keeps traders informed about possible delays. Support times might run longer than usual during busy periods, which affects trading operations.
Looking at these limitations along with The Futures Desk's strong points helps traders understand what they're getting into. Traders who prepare well and know these constraints can better use the platform while keeping their expectations realistic.
The Futures Desk stands out as a great choice for serious futures traders. You retain control through its flexible evaluation process and uncapped payout structure. The platform shows its transparency with a straightforward fee structure and trading parameters you can customize. But traders should think about the technical limits and support response times before they commit.
The platform's success rates show better results than average, especially when traders use the built-in risk management tools well. On top of that, it takes just six days to complete the minimum evaluation - much faster than industry standards. This quick timeline doesn't compromise the safeguards against risky trading behavior.
Traders can test the platform with the promo code "FuturesPro" for their original challenge, which makes it more available to start. Your success depends on sticking to disciplined trading strategies and adapting to what the platform needs.
The Futures Desk works best for traders who want customization and quick funding potential, even with some technical challenges along the way. The competitive commission rates and profit-sharing structure, plus the option to withdraw money daily, make it perfect for dedicated futures traders ready to show their skills in real market conditions.
Q1. Is The Futures Desk a legitimate proprietary trading firm? The Futures Desk is a new but legitimate proprietary trading firm focused on futures trading. They offer flexible account options ranging from $100,000 to $250,000 in trading capital and partner with regulated FCM brokers to ensure compliance with NFA and CFTC standards.
Q2. How long does it take to get funded with The Futures Desk? Traders can potentially achieve funded status in as little as six trading days with The Futures Desk. This is significantly faster than many industry standards, though the actual time may vary based on individual performance and chosen account parameters.
Q3. What are the fees associated with trading through The Futures Desk? The Futures Desk has a tiered pricing structure for initial challenges, starting at $119 for the Starter package. There are no monthly fees after qualification, but traders must consider market data costs. Execution costs are competitive at $2.30 round-trip for NQ contracts.
Q4. How does the profit-sharing work with The Futures Desk? The Futures Desk offers a competitive profit-sharing structure. Traders receive 100% of the first $25,000 earned per account. After that, traders maintain 90% of profits, which is among the highest profit-sharing rates in the industry.
Q5. What are some limitations of The Futures Desk platform? The platform has some restrictions to prevent risky behavior, such as limiting resets to three within 24 hours. Traders may encounter occasional technical issues, and support response times can vary. Additionally, the platform reserves the right to determine prohibited conduct at their discretion.