MyFundedPerps review: rules, prices and payouts
Verdict: A low-cost, simple perps evaluation. It has one profit target, a fixed loss floor, no minimum days and a payout request every day. The trade-off is tight limits (Select allows only 3% total drawdown), and everything stays simulated because the terms rule out a live-capital stage.
Best for: Traders who want a low entry price, a single phase and frequent payouts, and who can trade inside 3–6% loss limits.
Key facts
- Challenge model
- 1-step
- Account
- $5K · $10K · $25K · $50K · $100K
- Profit target
- 9%–12%
- Daily loss
- 3%
- Max loss
- 3%–6% · Static
- Profit split
- 80% (90% with paid upgrade)
- Payouts
- One request per funded account per New York day. Elite has no daily limit.
- Platform
- MyFundedPerps terminal
- Markets
- Crypto, Stocks, Commodities, Forex, Indices
- Cheapest entry
- $28 · $10K 1-Step Select
- Discount code
- PERPSCOPE · 30% off
Verdict
MyFundedPerps sells 1-step evaluations on simulated perpetual futures across crypto, stocks, commodities, forex and indices. It comes from the team behind My Funded Futures.
What works
- Single-phase evaluation on every plan, with no minimum trading days and no time limit.
- Static max drawdown, so the loss floor never trails your profits.
- A payout request every New York day per funded account, from a $100 gross minimum.
- Hundreds of perpetual markets covering crypto plus stocks, commodities, forex and indices.
- Public REST API, WebSocket stream and MCP server for algorithmic and AI-agent trading.
Watch out for
- Tight loss limits. Every plan has a 3% daily limit, and max drawdown is 3% to 6% depending on the plan.
- Simulated accounts only. The firm states it offers no path to live capital.
- On Select, Prime and Signature the loss floor locks at the starting balance after the first withdrawal.
- $100,000 lifetime payout cap per trader across all accounts.
- Payout requests only opened on September 11, 2026, so the perps brand has a short track record.
Challenge rules
| Rule | 1-Step Select | 1-Step Prime | 1-Step Signature | Elite |
|---|---|---|---|---|
| Phases | 1-step | 1-step | 1-step | 1-step |
| Profit target | 9% | 12% | 10% | 10% |
| Daily loss | 3% of starting balance | 3% of starting balance | 3% of starting balance | 3% of starting balance |
| Max loss | 3% of starting balance | 5% of starting balance | 6% of starting balance | 5% of starting balance |
| Drawdown type | Static | Static | Static | Static |
| Minimum trading days | None | None | None | None |
| Profit split | 80% (90% with paid upgrade) | 80% (90% with paid upgrade) | 80% (90% with paid upgrade) | 80% (90% with paid upgrade) |
| Consistency / best-day rule | None | None | None | None |
| Account sizes | $10K, $25K, $50K, $100K | $10K, $25K, $50K, $100K | $10K, $25K, $50K, $100K | $5K, $10K, $25K |
Elite: You choose a 3% daily loss limit or no daily loss limit at checkout. Elite has its own payout rules and no withdrawal lock.
- Daily reset
- 00:00 New York time (04:00 UTC in summer, 05:00 UTC in winter)
- Minimum trading days
- None
- Time limit
- None
- Daily loss basis
- Start-of-day equity (incl. open P&L) minus 3% of starting balance
- Consistency rule
- None
- Max funded allocation
- $300K in total, max $100K per plan type
- News trading (Elite funded)
- No new exposure from 10 min before to 2 min after high-impact releases
- Live capital stage
- None. All accounts are simulated
Prices with code PERPSCOPE
List price, price after PERPSCOPE (30% off every challenge (Select, Prime, Signature and Elite)), and the dollar profit target and max loss for each account.
| Account | List price | With PERPSCOPE | You save | Profit target | Max loss |
|---|---|---|---|---|---|
| $10K | $40 | $28 | $12 | $900 | $300 |
| $25K | $100 | $70 | $30 | $2,250 | $750 |
| $50K | $190 | $133 | $57 | $4,500 | $1,500 |
| $100K | $360 | $252 | $108 | $9,000 | $3,000 |
| Account | List price | With PERPSCOPE | You save | Profit target | Max loss |
|---|---|---|---|---|---|
| $10K | $60 | $42 | $18 | $1,200 | $500 |
| $25K | $160 | $112 | $48 | $3,000 | $1,250 |
| $50K | $300 | $210 | $90 | $6,000 | $2,500 |
| $100K | $595 | $416 | $179 | $12,000 | $5,000 |
| Account | List price | With PERPSCOPE | You save | Profit target | Max loss |
|---|---|---|---|---|---|
| $10K | $90 | $63 | $27 | $1,000 | $600 |
| $25K | $225 | $157 | $68 | $2,500 | $1,500 |
| $50K | $430 | $301 | $129 | $5,000 | $3,000 |
| $100K | $870 | $609 | $261 | $10,000 | $6,000 |
| Account | List price | With PERPSCOPE | You save | Profit target | Max loss |
|---|---|---|---|---|---|
| $5K | $100 | $70 | $30 | $500 | $250 |
| $10K | $200 | $140 | $60 | $1,000 | $500 |
| $25K | $500 | $350 | $150 | $2,500 | $1,250 |
| $50K | Coming soon | ||||
Payouts
- Profit split
- 80% (90% with paid upgrade)
- Frequency
- One request per funded account per New York day. Elite has no daily limit.
- Payout minimum
- $100 of gross profit. Elite needs 1% of account size ($50 to $250).
- Payout method
- Cash through Rise, or 100% store credit
- Processing
- Every request is reviewed manually. No fixed processing time is published.
- Lifetime payout cap
- $100,000
- Max funded allocation
- $300,000
- A payout deducts its full gross amount from the account.
- On Select, Prime and Signature the max-loss floor locks permanently at the starting balance after the first withdrawal.
- The account must be flat (no open positions or resting orders) to request.
Platform and markets
Custom web terminal. Prices are modeled on public data from Hyperliquid, Binance and Bybit, and orders are simulated. Nothing is sent to an exchange.
- Platform
- MyFundedPerps terminal · Simulated accounts
- Price / execution venues
- Hyperliquid, Binance, Bybit, Lighter
- Markets
- Crypto, Stocks, Commodities, Forex, Indices. Hundreds of perpetual pairs. Crypto trades 24/7.
- Leverage
- Set per market on the firm's Market Exposure Caps page. Elite goes up to 40x on NAS100/SP500, 20x on gold and 10x on oil.
Trading costs
- Crypto commission
- 0.03% per fill
- Stocks, commodities, indices
- 0.005% per fill
- Forex commission
- 0.0025% per fill
- Swap (crypto)
- 0.03% per day, charged hourly on longs and shorts
- Swap (stocks, commodities, indices)
- 0.015% per day, charged hourly
Company
- Legal entity
- Funding Perpetuals Holdings, Inc.
- Jurisdiction
- Delaware, United States
- Website
- myfundedperpetuals.com
Built by the team behind My Funded Futures, a futures prop firm that says it has paid out $250M+ across 100,000+ payouts since 2023.
Frequently asked questions
Who owns MyFundedPerps?
MyFundedPerps is operated by Funding Perpetuals Holdings, Inc. (Delaware, United States). Built by the team behind My Funded Futures, a futures prop firm that says it has paid out $250M+ across 100,000+ payouts since 2023.
What is the MyFundedPerps profit split?
80%, or 90% with the optional paid upgrade at checkout to the trader on funded accounts.
What is the max drawdown at MyFundedPerps?
Max loss by plan, as a share of the starting balance: 1-Step Select 3% (static), 1-Step Prime 5% (static), 1-Step Signature 6% (static), Elite 5% (static). The daily loss limit is 3%.
Does MyFundedPerps have minimum trading days or a time limit?
There is no minimum number of trading days. There is no time limit on the evaluation.
How do MyFundedPerps payouts work?
One request per funded account per New York day. Elite has no daily limit. Minimum: $100 of gross profit. Elite needs 1% of account size ($50 to $250). Paid via cash through Rise, or 100% store credit. Every request is reviewed manually. No fixed processing time is published.
Which platform does MyFundedPerps use?
Custom web terminal. Prices are modeled on public data from Hyperliquid, Binance and Bybit, and orders are simulated. Nothing is sent to an exchange.
Is there a MyFundedPerps discount code?
Yes. Code PERPSCOPE gives 30% off every challenge (Select, Prime, Signature and Elite). PERPSCOPE always unlocks the best discount MyFundedPerps has available. Verified October 11, 2026.
PERPSCOPE or PERPS, which MyFundedPerps code should I use?
PERPSCOPE always unlocks the best discount MyFundedPerps has available, currently 30% off. PERPS is the firm's own public code. Only one code applies per order and codes never stack, so PERPSCOPE never costs you more, and using it supports PERPSCOPE at no extra cost.
Does the code also discount the 90/10 profit-split upgrade?
Yes. MyFundedPerps applies a valid code once to the list price, including the optional 90/10 upgrade you pick at checkout.
Is MyFundedPerps the same company as My Funded Futures?
MyFundedPerps is operated by Funding Perpetuals Holdings, Inc., a Delaware corporation, and is built by the team behind My Funded Futures.
Do MyFundedPerps accounts trade real money?
No. Evaluation and funded accounts are simulated. Approved payouts are paid out, but the firm states it does not offer a live-capital stage.
Sources
Every figure on this page comes from the firm's official site and checkout, last checked October 11, 2026. Terms change, so the checkout total is final.