Complete The Futures Desk Prop Firm Guide

The Futures Desk offers customizable one-step evaluations with EOD or static drawdown, daily payouts, and a path to live brokerage accounts. Algorithmic trading is allowed. Connects to TradersPost via ProjectX.

The Futures Desk (TFD) is a futures prop firm founded in 2024 by Josh Schwartzberg¹. The firm offers customizable evaluations with EOD or static drawdown, algorithmic trading is explicitly allowed, and funded traders receive daily payouts with no caps².

TFD connects to TradersPost via ProjectX and Rithmic¹. This guide covers the firm's evaluation structure, pricing, rules, and automation capabilities.

Company Overview

Josh Schwartzberg founded The Futures Desk in 2024 after working at another prop firm¹. The firm positions itself as a proprietary trading desk rather than a funding company, emphasizing a path from simulated evaluation to live brokerage accounts².

Evaluation Structure

TFD uses a one-step assessment with a path to live funding²:

Stage 1: Assessment Desk

A single-phase evaluation where the primary fail condition is breaching the maximum drawdown². A 20% consistency requirement applies during the evaluation phase¹. Minimum 5 trading days to pass¹.

Stage 2: Sim Brokerage

After passing, traders continue under assessment rules while building a profit buffer. This bridge phase proves sustained profitability before transitioning to live capital².

Stage 3: Live Brokerage

Live account setup through regulated FCMs with real capital and daily payouts². TFD covers the first month's pro data fee (approximately $140 value)¹.

Account Sizes and Parameters

EOD Drawdown Accounts

$25K: $1,750 target, $1,000 drawdown, $400 daily loss limit, 1 mini / 10 micro¹
$50K: $3,500 target, $2,000 drawdown, $800 daily loss limit, 3 mini / 30 micro¹
$100K: $5,250 target, $3,000 drawdown, $1,200 daily loss limit, 5 mini / 50 micro¹
$150K: $7,900 target, $4,500 drawdown, $1,800 daily loss limit, 10 mini / 100 micro¹

Static Drawdown Accounts

$25K: $2,000 target, $1,000 drawdown, $400 daily loss limit, 1 mini / 10 micro¹
$50K: $4,000 target, $2,000 drawdown, $800 daily loss limit, 3 mini / 30 micro¹
$100K: $6,000 target, $3,000 drawdown, $1,200 daily loss limit, 5 mini / 50 micro¹
$150K: $9,000 target, $4,500 drawdown, $1,800 daily loss limit, 10 mini / 100 micro¹

Profit Split and Payouts

Profit split: 80% to trader¹
Frequency: Daily (Monday-Friday), uncapped²
Payout method: Rise (Riseworks)¹

Trading Rules

Drawdown type: EOD trailing or Static (trader's choice)¹
Daily loss limit: 40% of max drawdown — soft limit that pauses trading for the day, not a failure³
Consistency: 20% during evaluation, none on funded accounts¹
Minimum trading days: 5¹
Inactivity rule: One trade every 14 days³
News trading (live): Limited to 5 micro contracts within 1 minute before/after scheduled events³
Scalping: Allowed¹
Copy trading: Allowed¹
Algorithmic trading: Allowed¹
Swing trading: Not permitted¹

Supported Platforms

TFD-X: Proprietary web-based platform built on ProjectX (TradersPost compatible)¹
Rithmic: Professional data feed and execution¹
Sierra Chart, Quantower, ATAS, Jigsaw, Bookmap: Via Rithmic connection¹

Automation with TradersPost

The Futures Desk explicitly allows algorithmic trading¹. TradersPost connects via ProjectX for webhook-based automated execution. Traders can route TradingView or TrendSpider alerts through TradersPost to their TFD account.

No consistency rules on funded accounts means automated strategies can produce occasional outsized gains without penalty¹.

Comparison to Other Prop Firms

Evaluation: TFD uses a one-step assessment². Most competitors use one or two phases.

Customization: TFD allows customizable evaluation parameters (drawdown, contracts, type)¹. Most competitors offer fixed tiers.

Payouts: TFD offers daily uncapped payouts². Most competitors offer bi-weekly or monthly.

Profit Split: TFD offers 80%¹. Most competitors offer 80-90% or 100% on an introductory amount.

Pros and Cons

Advantages

Customizable evaluation parameters (drawdown, contracts, type)¹
One-step assessment with no consistency rules on funded accounts²
Daily uncapped payouts on live accounts²
Path to live brokerage accounts through regulated FCMs²
Algorithmic trading explicitly allowed¹
TradersPost compatible via ProjectX¹
CME member commission rates ($1.20/side for minis)¹
No activation fees¹
Soft daily loss limit (pauses, does not fail)³

Disadvantages

Very new firm (founded 2024)¹
80% profit split is lower than many competitors¹
Maximum 2 funded accounts¹
Swing trading not permitted¹
Static drawdown accounts have higher profit targets than EOD equivalents¹
News trading restricted on live accounts³
20% consistency rule during evaluation phase¹

Conclusion

The Futures Desk brings a customizable approach to futures prop trading with a one-step assessment², choice of EOD or static drawdown¹, and daily uncapped payouts on funded accounts².

For TradersPost users, the explicit allowance of algorithmic trading and ProjectX integration make TFD one of the more automation-friendly prop firms available¹. The 80% profit split is below industry leaders, and the maximum of 2 accounts limits scaling. Verify current evaluation options, pricing, and rules on The Futures Desk website before purchasing.

¹ The Futures Desk - Main Website
² The Futures Desk - How It Works
³ The Futures Desk - Knowledge Base

Ready to automate your trading? Try a free 7-day account:

Try it for free ->

DISCLAIMER:
Trading in the financial markets involves a significant risk of loss. The content and strategies shared by TradersPost are provided for informational or educational purposes only and do not constitute trading or investment recommendations or advice. The views and opinions expressed in the materials are those of the authors and do not necessarily reflect the official policy or position of TradersPost.

Please be aware that the authors and contributors associated with our content may hold positions or trade in the financial assets, securities, or instruments mentioned herein. Such holdings could present a conflict of interest or influence the perspective provided in the content. Readers should consider their financial situation, objectives, and risk tolerance before making any trading or investment decisions based on the information shared. It is recommended to seek advice from a qualified financial advisor if unsure about any investments or trading strategies.

Remember, past performance is not indicative of future results. All trading and investment activities involve high risks and can result in the loss of your entire capital. TradersPost is not liable for any losses or damages arising from the use of this information. All users should conduct their own research and due diligence before making financial decisions.