ImperialResearch

Imperial Research Futures prop firm

Futures prop firm: taking the Nasdaq setups to NQ

Most of the studies here are drawn on the Nasdaq. On a CFD account that is US100; on a futures account it is NQ or the micro MNQ, with one point worth a fixed number of dollars. The setups stay the same, the arithmetic and the rules change.

Checked 3 November 2026

The kill zones on the CME clock

WindowNew York timeWhat it means on a futures account
CME session opens18:00A new trading day starts for every rule that counts days
London kill zone02:00 to 05:00The first sweep of the Asian range; thin on NQ, so size down
New York kill zone07:00 to 10:00Cash open at 09:30, the main window for NQ setups
BrightFunded auto close16:45Every position closes; nothing is held overnight

Times in your own zone, with London and New York sessions drawn live: trading sessions board.

What a point costs

ContractOne point30-point stop, 1 contractCommission per side
MNQ, Micro Nasdaq-100$2$60$0.95
NQ, E-mini Nasdaq-100$20$600$2.88
MES, Micro S&P 500$5$150$0.95
ES, E-mini S&P 500$50$1,500$2.88

Point values from CME; all-in commissions from BrightFunded, 7 Nov 2026. A liquidity sweep on NQ often needs a 20 to 40 point stop beyond the swept high, so on a $50K account with a $2,000 limit the micro is where most traders start.

BrightFunded Futures

Futures prop firm

For trading NQ, ES and their micros on NinjaTrader, Tradovate or TradingView without a daily loss limit.

  • One evaluation, 6% target, $25K to $150K, one-time fee from $120, no activation fee
  • End-of-day drawdown (BrightCore) or intraday with daily payouts (BrightPlus); 80% split, 100% with add-on
  • Code BRIGHTFUTURES showed 40% off on 7 Nov 2026

Affiliate link. Facts from BrightFunded's futures help centre, 7 Nov 2026. Simulated accounts; not available in 55 countries including Russia, Turkey, Ukraine, Vietnam, Indonesia, Pakistan and Ghana.

BrightFunded Futures rules that matter for these setups

Futures or a CFD prop challenge?

A CFD challenge trades US100 on MT5 or cTrader with a daily loss limit and a trailing drawdown: the drawdown maths. A futures account trades the exchange contract on NinjaTrader, Tradovate or TradingView, closes every evening and has no daily limit. If your entries come from the New York kill zone, the futures rules fit the way you already trade.

Questions

What is a futures prop firm?

A firm that sells an evaluation on a simulated futures account. You trade CME contracts such as NQ or ES under its rules and, after passing, request payouts from a funded account. BrightFunded Futures uses real-time CME data with simulated execution.

How much is one point on NQ and MNQ?

$20 per point on NQ and $2 on MNQ (CME contract specifications). A 30-point stop on one MNQ is $60 plus commissions.

Does BrightFunded Futures have a daily loss limit?

No. The only loss rule is the Max Loss Limit, from $1,000 on a $25K account to $4,500 on $150K, measured on live equity (BrightFunded futures help centre, 7 Nov 2026).

Can I hold a futures trade overnight on a prop account?

Not at BrightFunded: every position closes automatically at 4:45 PM New York time, Monday to Friday. The auto close is never a breach.