MFC Help center · 52 answers
Prediction Markets
Event-based trading. Exposure, settlement and program rules.
Which rules apply to my account?
Use the terms for your purchased program and account stage. Add-ons and older account versions may differ. Compare your dashboard with your accepted agreement; if they disagree, ask support before relying on a general example.
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Getting started
What is Prediction Market prop trading?
Prediction Market prop trading is a funded account style program where traders use an account balance provided through the program to take positions on event-based prediction markets. Instead of trading FX, CFDs, futures, or equities, traders buy “Yes” or “No” positions tied to whether a specific event will occur. Account progress, rule breaches, profit target status, and payout eligibility are calculated from account equity.
Link to this answer ↗What is a prediction market?
A prediction market is a market tied to a future event or outcome. Each market asks a defined question, such as whether an event will happen by a certain date. Traders take positions based on whether they believe a specific outcome will occur. The market price moves as participants reassess the probability of that outcome.
Link to this answer ↗What is an event, and how is it different from a market?
An event is the top-level prediction question or occurrence. An event may contain one market or multiple related markets. A market is the specific tradable outcome within that event.
For example, "Who will win the mayoral election?" may be one event, with separate markets for each candidate. Each market has its own Buy Yes and Buy No prices, but for risk control purposes all markets within the same event are grouped together: the event exposure limit and the Max Profit Per Event rule count them as one.
Link to this answer ↗What products can I trade?
You may trade the prediction markets made available on the platform for this program. Pricing and event data are sourced through Polymarket. Available markets may change from time to time based on platform availability, event status, liquidity, compliance settings, operational settings, or other restrictions.
Link to this answer ↗Are all prediction markets available?
No. Only the markets enabled for this program are available for trading, and the list changes over time.
- Sports markets are currently not offered.
- A market needs a live order book with a reasonable spread; markets with a very wide spread or no current prices are not tradable.
- Markets that end more than about 13 months out are not offered for new positions.
The Company may add, remove, disable, or restrict any market at any time.
Link to this answer ↗Are there restrictions on market resolution dates?
Yes. New positions can only be opened in markets that end within about 13 months. Markets with a later end date are not offered for new positions, even if they are available through the underlying market source.
New positions also stop 1 hour before a market's end time, because the outcome is often known by then. You can still sell a position you hold while the market trades.
The Company may remove, restrict, or disable markets based on resolution timing, market status, liquidity, compliance, operational, or risk considerations.
Link to this answer ↗Is there leverage or margin?
No. Prediction Market accounts do not use margin or leverage. The cost of a position is based on the price of the contract and the number of shares purchased. You cannot use borrowed buying power to increase exposure.
Link to this answer ↗Is Prediction Markets a live brokerage account?
MFC evaluation and funded accounts are simulated accounts using real market quotes. MFC is not a broker and does not accept client deposits. A program fee pays for access to the service; it is not money deposited into a brokerage account. Eligible performance rewards are subject to the program rules and review. Paying a fee does not guarantee passing, profit or a payout.
Link to this answer ↗How is Prediction Markets different from the FX programs?
Prediction Markets uses event contracts rather than FX/CFD positions. It has no leverage, equity-based drawdown and a Max Profit Per Event rule. The general 35% funded Challenge consistency calculation does not replace that event limit. Read the dedicated sections below before trading.
Link to this answer ↗Contracts, orders & prices
What is a “Yes” contract?
A “Yes” contract is a position that gains value if the market resolves to “Yes” on a particular event. If the market resolves to “Yes”, each winning “Yes” share is worth $1.00 at settlement. If the market resolves to “No”, the “Yes” shares expire worthless.
Link to this answer ↗What is a “No” contract?
A “No” contract is a position that gains value if the market resolves to “No” on a particular event. If the market resolves “No”, each winning “No” share is worth $1.00 at settlement. If the market resolves to “Yes”, the “No” shares expire worthless.
Link to this answer ↗What does Buy “Yes” or Buy “No” mean?
Buy “Yes” means you are taking the view that the event will happen or that the market will resolve “Yes”. Buy “No” means you are taking the view that the event will not happen or that the market will resolve to “No”. Both sides trade like positions, and their value can fluctuate before final resolution.
Link to this answer ↗Can I short a prediction market?
No. Short selling is not available in this program. To express the opposite view, you may simply buy the other side of the proposition. For example, if there are three potential candidates for Mayor in an upcoming election; Anne, Betty, and Carlos and you believe that Betty will lose, you would buy a “No” on Betty, as opposed to a “Yes” on both Anne and Carlos. In a binary proposition, like the likelihood of a single event occurring, if you do not think the stated event will happen, you’d buy “No” rather than shorting “Yes”.
Link to this answer ↗How are prices displayed?
Prediction market prices are generally displayed between 0 and 100. A price of 25 means the contract costs $0.25 per share. The price of 80 means the contract costs $0.80 per share. The closer a contract trades to 100, the more likely the market currently considers that outcome to occur. The closer it trades to 0, the less likely the market currently considers that outcome.
Link to this answer ↗How is my number of shares calculated?
Your number of shares is based on the dollar amount of the order divided by the contract price. If the price is displayed in cents, the calculation is: dollar amount divided by price in cents, multiplied by 100. For example, buying $1,000 of Yes at 25 cents gives you 4,000 shares. That is calculated as $1,000 divided by 25, multiplied by 100.
Link to this answer ↗How does a position gain or lose value before resolution?
Your open position is marked based on the current market price. If you own 4,000 “Yes” shares and the “Yes” price moves from 25 to 40, the position value increases from approximately $1,000 to approximately $1,600 before fees, spreads, and any execution differences. If the “Yes” price falls from 25 to 10, the same position value falls from approximately $1,000 to approximately $400.
Link to this answer ↗What happens if I hold a position until resolution?
If you hold a position until the market resolves, the final value depends on the official market outcome. Winning shares settle at $1.00 each. Losing shares settle at $0.00. For example, if you hold 4,000 Yes shares and the market resolves Yes, the gross settlement value is $4,000. If the market resolves No, those Yes shares settle at $0.00.
Link to this answer ↗Can I close a position before resolution?
Yes, you may close a position before final resolution by selling or closing all or some of the shares at the current market price. Your realized gain or loss will depend on your entry price, exit price, size, fees, and execution quality.
Link to this answer ↗What is liquidity and why does it matter?
Liquidity refers to the availability of buyers and sellers at current prices. Thin liquidity can result in wider spreads, partial fills, worse execution, or difficulty closing a position at the price shown on screen. Traders should understand that a displayed market price does not guarantee that the full order can be executed at that exact price.
Link to this answer ↗What is the permitted opening price range?
Opening orders are limited to the configured price range of .20 to .80. This means the platform may reject opening trades outside that range. This setting is intended to reduce extreme, low-probability or near-resolution trading and to keep traders focused on actively traded markets where price movement is more meaningful. The limit is ONLY applied to opening orders, positions may be closed at prices outside of this range.
Link to this answer ↗Are there commissions?
Yes. A 1% commission is charged on the total notional value of each opening transaction. There is no commission charged to close a position.
Link to this answer ↗Can I trade multiple markets at the same time?
Yes. There is no limit on the number of markets you trade at the same time, but your open positions are capped by what they cost, as a share of the account size:
- One market: at most 25%.
- One event, all its markets together: at most 40%.
- One series of related events: at most 40%.
- Max Profit Per Event: what the open positions of one event would win if they all resolved your way can be at most 0.5% of the account size, for example $500 on a $100,000 account.
An order that would go over a limit is refused before it fills. All other account-level rules still apply, including Daily Drawdown, Max Drawdown and market eligibility.
Link to this answer ↗Where do I track my account?
Account metrics, breach levels, profit target status, and payout eligibility are tracked through the trader dashboard. Because this product uses equity-based metrics, traders should monitor open position value and account equity closely.
Link to this answer ↗Can the Company limit products, prices, order size, or trading access?
Yes. The Company may limit available markets, restrict order size, restrict trading during certain conditions, reject orders, disable markets, or make other risk and operational changes in response to liquidity, pricing, market status, compliance concerns, technology issues, or program risk.
Link to this answer ↗What is a complete set, and why is it not allowed?
A complete set is a group of positions that pays the same whatever happens: Yes and No of the same market, or the same side of every outcome of one event. It carries no market risk, so it is not allowed: the terminal refuses the order that would complete it.
To take the opposite view of a position you hold, sell it instead of buying the other side.
Link to this answer ↗Events & settlement
What should I do if a market, price or settlement looks wrong?
Record the event/market name, position or order reference, exact issue and time/time zone. Check the market’s resolution conditions rather than relying only on a news headline. Send support a screenshot without credentials. Do not exploit suspected pricing or platform errors or assume that a disputed settlement guarantees an adjustment.
Link to this answer ↗Who determines whether a market resolves “Yes” or “No”?
Markets resolve according to the rules and resolution process applicable to the underlying market source. The Company does not create the underlying event outcome. Account calculations follow the available pricing, settlement, and resolution data used by the platform, subject to the Company’s terms, corrections, risk controls, and compliance requirements.
Link to this answer ↗What if a market is delayed, disputed, cancelled, or unavailable?
Prediction markets can involve event delays, disputed outcomes, halted markets, unavailable data, API interruptions, or other operational issues. If a market does not resolve normally or pricing becomes unavailable, the account may be adjusted, restricted, paused, or reviewed in accordance with the platform data, the applicable market outcome, and the Company’s terms and risk controls.
Link to this answer ↗Can market prices experience volatility?
Yes. Prediction market prices can move sharply when new information becomes available, when liquidity changes, as the event approaches resolution, or when market participants rapidly reprice the probability of an outcome. A position that appears profitable can lose value quickly before it is closed or resolved.
Link to this answer ↗Are prediction market prices the same as guaranteed probabilities?
No. Market prices can be read as approximate market-implied probabilities, but they are not guarantees. Prices also reflect liquidity, spreads, fees, market structure, trader behavior, and the risk of uncertainty around the final outcome.
Link to this answer ↗Why did the market not settle immediately after the news came out?
Markets settle according to their stated resolution rules. Some outcomes may require confirmation from a specific source, and some markets may take additional time if the result is unclear or disputed.
Link to this answer ↗Why did the price move if nothing official happened?
Prices can move as traders react to news, rumors, polls, data, odds, public statements, or changing expectations. The final result may not be known yet, but the market can reprice as expectations change.
Link to this answer ↗Can I use non-public or inside information?
No. Traders may not use inside information, manipulate markets, attempt to exploit platform or API errors, or engage in activity that violates exchange, market, platform, regulatory, or program rules. Any such activity may result in trade cancellation, account breach, denial of Funded account issuance, forfeiture of gains, or termination from the program.
Link to this answer ↗How are markets settled, and can I dispute a result?
When Polymarket's result is final, MyFundedCapital confirms it and every open position in that market settles at $1 or $0 per share, or 50¢ per share if the market resolved 50/50.
You can dispute a settlement by email to support within 7 days. If Polymarket changes the result inside that window, we correct the settlement; after that it is final.
Link to this answer ↗Evaluation & risk limits
How should I check the Max Profit Per Event limit?
Review the possible combined outcome of your positions and the platform’s event grouping before placing another order. Ask support if the grouping or potential-profit calculation is unclear; do not split positions to bypass the limit.
Link to this answer ↗What is the Profit Target?
The Evaluation phase has a 10% profit target. To pass the Evaluation, the account must reach the required 10% return while remaining compliant with all applicable rules. Funded accounts do not have a profit target.
Link to this answer ↗Is there a Daily Drawdown rule?
Yes. This Prediction Market program has a 3% Daily Drawdown calculated from the previous end-of-day closed balance. If account equity reaches or falls below the applicable Daily Drawdown threshold, the account is breached. The account is also subject to the Max Drawdown rule, which is calculated from equity. The day resets at 5PM ET every day.
Link to this answer ↗What is the Max Drawdown?
The Max Drawdown is 6% and is calculated using a trailing equity high-water mark. The Max Drawdown perpetually trails past the starting balance as equity reaches new highs. If account equity reaches or falls below the Max Drawdown threshold, the account is breached.
Link to this answer ↗How does the trailing equity high-water mark work?
The Max Drawdown begins 6% below the starting balance and trails upward as account equity reaches new highs. Because this product uses equity-based drawdown, open positions can move the high-water mark and can also cause a breach if the account later draws down from that higher equity level. For example, on a $100,000 account, the starting Max Drawdown level is $94,000. If account equity increases to $110,000, the drawdown threshold moves to $104,000. If equity later falls to that threshold, the account breaches.
Link to this answer ↗What does equity-based mean for this product?
Equity means the current account value including open position value. Because prediction market positions can move before they are closed or resolved, unrealized gains and losses affect account equity. Rule triggers are based on equity, not just closed or resolved profit and loss.
Link to this answer ↗What is the Max Profit Per Event rule?
This program uses the 35% consistency rule at payout: no single trading day may make up more than 35% of your total profit. It also uses a Max Profit Per Event rule to limit the maximum potential profit a trader can have on any single event.
The Max Profit Per Event is 0.5% of the plan size. That equals $25 on a $5,000 account, $50 on a $10,000 account, $125 on a $25,000 account, $250 on a $50,000 account, and $500 on a $100,000 account.
The cap is based on the maximum amount the trader could profit if the position resolves favorably. It is not based on the amount paid to open the position or the current unrealized profit.
The cap applies at the event level. If an event contains multiple related markets, all positions tied to that event are aggregated for purposes of the Max Profit Per Event rule.
Link to this answer ↗What is the maximum time allowed in the Evaluation phase?
The Evaluation phase has a 30-day maximum time limit. If the account does not complete the Evaluation within the allowed time, the account will not pass. The optional Double Time add-on increases the Evaluation max time to 60 days.
Link to this answer ↗Is there an inactivity rule?
No. Prediction Markets accounts have no inactivity rule and no minimum number of trading days, so a quiet period on its own does not breach the account.
The Evaluation still has its time limit: 30 days, or 60 days with the Double Time add-on. If the 10% profit target is not reached in that time, the Evaluation does not pass and new positions can no longer be opened (open positions can still be sold). The Funded account has no time limit.
Link to this answer ↗What happens if I violate a hard breach rule?
A hard breach means the account has violated a terminating rule. On Prediction Markets these are the 3% Daily Drawdown (equity at or below the daily floor) and the 6% trailing Max Drawdown (equity at or below the overall floor), or another rule identified as a hard breach in the program terms.
In the Evaluation phase, a hard breach means the Evaluation is failed. In the Funded phase, a hard breach means the Funded account is closed and any gains may be forfeited unless otherwise stated in the applicable program terms.
Link to this answer ↗Add-ons
What add-ons are available?
The available add-ons are a Profit Split Upgrade and Double Time. The Profit Split Upgrade increases the funded profit split from 75% / 25% to 90% / 10%. Double Time costs 10% of the plan price and increases the Evaluation max time from 30 days to 60 days.
Link to this answer ↗Can I add an add-on later?
Add-ons can only be selected at the time of purchase.
Link to this answer ↗Funded stage & payouts
What should I check before requesting a payout?
What are the rules for the Funded account?
The Funded account follows the same trading rules as the Evaluation account. The key difference is that the Funded account has no profit target and no time limit.
The account remains subject to:
- Daily Drawdown: 3% of the previous day's closing balance, reset at 5 PM ET.
- Max Drawdown: 6%, trailing your highest equity.
- Max Profit Per Event: 0.5% of the plan size.
- Exposure limits: at most 25% of the account size in one market and 40% in one event or one series.
- Market eligibility, the 20¢ to 80¢ opening range and the other trading restrictions.
- The payout rules, including the 35% consistency rule.
What is the Profit Split?
Funded accounts are eligible for a 75% / 25% profit split. This means the trader receives 75% of eligible profits and the firm retains 25%. An optional add-on is available to increase the trader profit split to 90% / 10%. This split applies to Prediction Markets. 1-Step and 2-Step funded accounts start at 80% (90% or 95% with an add-on), and Instant Funded at 70% (80% with an add-on).
Link to this answer ↗When can I request a payout?
The initial payout delay is 7 days, and subsequent payout requests may be made every 7 days, provided all applicable payout conditions and program rules are satisfied.
Link to this answer ↗Is there a minimum payout amount?
Yes. For standard programs and account sizes, the minimum payout is $50; giveaway and promotional accounts follow their campaign terms and payout cap. One payout request can be up to $5,000; if your profit is larger, the rest is paid with your next requests. A payout request must satisfy these limits and all other applicable payout rules.
Link to this answer ↗What are the requirements to make a withdrawal from my Funded account?
To request a withdrawal from a Funded account, the account must be eligible for payout, remain compliant with all applicable rules, have no open positions when you request, and have eligible profits available. For standard programs, the minimum request is $50; giveaway and promotional accounts follow their campaign terms and payout cap. One payout request can be up to $5,000; if your profit is larger, the rest is paid with your next requests.
For example, if a standard account has less than $50 in eligible profits, no payout request may be submitted yet. If it has more than $5,000 in eligible profits, you can request up to $5,000 now; the rest is paid with your next requests.
While a payout request is pending, under review or approved but not yet paid, new positions are paused on that account. You can still reduce or close existing positions. New trading can resume after the request is paid, rejected or cancelled, provided the account is otherwise eligible.
The requested amount is reserved while the request is reviewed. A paid withdrawal lowers your balance but not your loss floors, and it does not itself cause a breach. The account must continue to comply with all drawdown and risk rules after the withdrawal is processed.
Link to this answer ↗Still need a hand?
For an account-specific issue, tell us your program and what happened. Never share your password or verification codes.