MyFundedFutures CEO Matthew Leech

Matthew Leech didn't start MyFundedFutures to be another prop firm. He started it because he'd already built MyFundedFX, learned exactly what traders hated about the industry, and saw an opportunity to do futures funding the right way.

Today, MyFundedFutures operates as one of the highest-rated futures prop firms in the world, maintaining a 4.9/5 Trustpilot rating from over 11,000 reviews. The firm has grown to over 72,000 active traders since launching in November 2023, and the numbers tell a story: fast payouts, transparent rules, and a founder who actually listens.

But Matthew's path to becoming a prop firm CEO started long before MFFU. It started with stocks, options, and a degree in Information Systems from Texas Christian University that would shape how he approached building trading infrastructure.

From Stock Trader to Prop Firm Visionary

Matthew Leech began trading in 2017, focusing initially on stocks and options in the U.S. markets. His background in Information Systems from Texas Christian University gave him a technical edge that most retail traders didn't have. He understood systems, automation, and how technology could solve problems at scale.

As he developed his trading skills, Matthew noticed something: most traders weren't failing because of bad strategies. They were failing because they were undercapitalized. Even traders with solid edge couldn't scale because they were trading $5K or $10K accounts. The math didn't work.

This observation led him to the prop firm space. If he could create a system that gave talented traders access to capital while managing risk intelligently, he could solve the capitalization problem. But first, he needed to understand the industry from the inside.

Building MyFundedFX: Learning What Not to Do

In June 2022, Matthew launched MyFundedFX, a forex prop trading firm based in Dallas, Texas. The firm grew quickly, attracting traders who wanted access to capital without the bureaucracy and payout delays that plagued other firms.

But Matthew was taking notes. He watched how traders reacted to rules. He studied failure patterns. He analyzed what caused traders to blow accounts within three to four days (the industry average). And he identified the core problems:

News trading disasters — Traders were getting wiped out during high-impact news events because they overleveraged.

Leverage abuse — Access to high leverage was causing traders to take oversized positions relative to their skill level.

Inconsistent enforcement — Some firms changed rules retroactively or applied them inconsistently, eroding trust.

Matthew also did something unusual: he tested other prop firms before building his own. He went through their evaluations, experienced their support systems, and learned from both their successes and failures. This hands-on research informed every decision he made when building MyFundedFutures.

The Launch of MyFundedFutures: Futures-Only, Done Right

In November 2023, Matthew launched MyFundedFutures as a sister company to MyFundedFX. The strategic decision to separate forex and futures into distinct brands allowed each firm to specialize and optimize for its specific market.

MyFundedFutures was built on lessons learned from MyFundedFX, with several key differentiators:

100% on the First $10KMFFU offers 100% profit retention on the first $10,000 in payouts, then 90/10 thereafter. This structure incentivizes traders to get funded quickly and rewards early profitability.

No Activation Fees (as of July 2025)Matthew eliminated activation fees entirely on all new Core, Scale, and Pro plans, removing a major friction point that other firms still charged.

Single-Step EvaluationMFFU uses a one-step evaluation with no time limit. You can pass in as little as two trading days if you hit the profit target and follow the rules.

EOD DrawdownEnd-of-day trailing drawdown gives traders breathing room to trade through intraday volatility without getting stopped out by temporary drawdowns.

The Technology Edge

Matthew's Information Systems background shows up in how MFFU operates. The firm recently transitioned from Rithmic to DxFeed for market data, bringing higher-quality, more reliable data feeds to traders. This switch unlocked access to four new trading platforms: Quantower, ATAS, VolSys, and VolBook, plus the Volumetrica Trading web platform.

These aren't cosmetic upgrades. They're infrastructure decisions that improve execution quality, data accuracy, and trader experience. Matthew understands that in futures trading, milliseconds and data quality matter.

Navigating Regulation and Compliance

In 2025, Matthew made a bold move: MyFundedFutures announced plans to become a fully licensed Introducing Broker (IB) regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). This isn't required for prop firms, but Matthew sees it as a competitive advantage.

The firm posted a job opening for a "Director of Brokerage Operations – Futures Brokerage" to lead the IB registration and establish supervisory practices. This level of regulatory commitment is rare in the prop firm space and signals Matthew's long-term vision for MFFU.

He's also proactive about compliance. When regulatory concerns arose, MFFU suspended operations in 21 countries and overhauled its affiliate program to ensure compliance with evolving standards. Matthew publicly stated: "Ultimately, MyFundedFutures is responsible for how affiliates are advertising and promoting our company and our business model to consumers."

This transparency, while sometimes unpopular, builds trust with regulators and serious traders.

The Bottom Line

Matthew Leech built MyFundedFutures by doing what most prop firm founders don't: he actually traded with other firms first, identified their failures, and built a better model. He leveraged his Information Systems background to create superior infrastructure. And he's steering MFFU toward full regulatory licensing while maintaining a 4.9/5 Trustpilot rating.

From Texas Christian University to 72,000+ funded traders. From testing other firms to building the highest-rated futures prop firm in the industry. Matthew Leech didn't just launch MyFundedFutures — he engineered it to solve the problems he knew traders actually cared about.

And it's working.

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