Review
MyFundedPerps review: 16 challenges compared, from $30
MyFundedPerps sells four single-phase evaluations on perpetual futures, priced from $30 for a $10k Select account with its own public code, and it is the cleanest rule set in this set: one target, a static floor, no consistency rule and no minimum trading days. The catches are all on the payout side. Money leaves through Rise after a manual review rather than as USDT or SOL to a wallet, a $100,000 lifetime cap sits over every account, and the first withdrawal locks the loss floor to starting balance on three of the four plans. The operator is named and the simulated-account disclaimer is explicit, and Payout Junction's on-chain record is dated, so this is a firm you can price rather than one you have to take on faith.
Every figure below comes from MyFundedPerps's own published terms, linked at the foot of this page. We have not traded this account and this is not a rating out of five.
The four numbers
- Cheapest challenge$30 for a 10,000 account$3.00 per $1,000 at the $25k size
- Profit split80% (90% with paid upgrade)$83 of profit to clear the fee
- PayoutsOn request once funded: Select, Prime and Signature one request per New York calendar day, Elite at any time. Every request is reviewed by hand and no processing time is published.Rise (cash) / Store credit
- Drawdown and rules3% static max, 3% daily (Select)$750 of room on a $25k balance
With code ELITE at checkout: the 10,000 Select falls from $40 to $30.
Every figure in this panel comes from MyFundedPerps's own pages, linked in the sections below. Where a firm publishes nothing, this says so rather than filling the gap.
Key terms
| Challenge formats | 1-step |
|---|---|
| Price for a $25k account | $75 (Select, listed at $100) |
| Profit split | 80% (90% with paid upgrade) |
| Drawdown | 3% to 6% of room, depending on the plan. Each plan's own limit is in the table below. |
| Profit target | 9% (Select) / 12% (Prime) / 10% (Signature) / 10% (Elite) - all four set a pass mark. Per-plan table |
| Leverage | Set per market rather than per account: BTC 10x, ETH 8x, SOL 5x, gold 10x, oil 8x, NAS100 12x, and 2x to 4x on most altcoins and single stocks |
| Maximum allocation | $300,000 in funded accounts across all plans, and $100,000 per plan type |
| KYC | Before activation |
| Payout methods | Rise (cash) / Store credit |
| Payout speed | On request once funded: Select, Prime and Signature one request per New York calendar day, Elite at any time. Every request is reviewed by hand and no processing time is published. |
| Instruments | Crypto perpetuals around the clock (BTC, ETH, SOL, XRP, DOGE, HYPE, ZEC and more) plus gold, silver, oil, indices, single US stocks and six FX pairs |
| Platforms | MyFundedPerps web terminal, with a documented REST API and account stream |
| Restricted countries | Afghanistan, Belarus, Cambodia, Central African Republic, Cuba, Democratic Republic of the Congo (DRC), Guinea, Haiti, Iran, Iraq, Kenya, Libya, Mali, Myanmar, North Korea, Pakistan, Philippines, Puerto Rico, Republic of the Congo, Russia, Somalia, South Sudan, Sudan, Syria, Taiwan, Ukraine, Uzbekistan, Venezuela, Vietnam, U.S. Virgin Islands, Yemen |
All challenge prices
| Account size | Format | Fee |
|---|---|---|
| $5,000 | Elite | $36list $49 |
| $10,000 | Select | $30list $40 |
| $10,000 | Prime | $45list $60 |
| $10,000 | Signature | $65list $87 |
| $10,000 | Elite | $71list $95 |
| $25,000 | Select | $75list $100 |
| $25,000 | Prime | $120list $160 |
| $25,000 | Signature | $156list $209 |
| $25,000 | Elite | $186list $249 |
| $50,000 | Select | $142list $190 |
| $50,000 | Prime | $225list $300 |
| $50,000 | Signature | $314list $419 |
| $50,000 | Elite | $371list $495 |
| $100,000 | Select | $270list $360 |
| $100,000 | Prime | $446list $595 |
| $100,000 | Signature | $629list $839 |
List prices from the firm's own challenge selector, which prints a list figure and a sale figure beside every size. Sale rows are the code ELITE price, which the firm applies to the first two purchases on an account; from the third purchase on it takes 20% off instead. Select, Prime and Signature sell 10k, 25k, 50k and 100k; Elite sells 5k, 10k, 25k and 50k and comes in a 3% daily-loss variant (priced here) and a No DLL variant with no daily limit, which the selector does not price and this ladder does not quote.
Rows above that show a list figure are the amount MyFundedPerps charges with code ELITE, which it displays beside those prices; the list figure is what it charges without the code.
"List" is the firm's own advertised price for that row - a calculator figure, the regular price in its checkout, or the price a code it publishes is applied to - where the fee charged is different; the fee beside it is what its checkout takes.
Some links on this page are affiliate links: we may earn a commission at no extra cost to you. It does not change the fee you pay or the terms described above.
Every plan, at every size
| Plan | Target | Daily loss | Max drawdown | $5k | $10k | $25k | $50k | $100k |
|---|---|---|---|---|---|---|---|---|
| Select | 9% | 3% | 3% static | - | $30 | $75 | $142 | $270 |
| Prime | 12% | 3% | 5% static | - | $45 | $120 | $225 | $446 |
| Signature | 10% | 3% | 6% static | - | $65 | $156 | $314 | $629 |
| Elite | 10% | 3% | 5% static | $36 | $71 | $186 | $371 | - |
A dash means the plan is not offered at that size. Fees are the firm's list prices, before any checkout discount.
Measured per percentage point of drawdown at the $25k size, Prime is the best value at $24 per point ($120 for a 5% drawdown), against $37.20 for Elite ($186 for 5%).
Select: Cheapest plan and the tightest floor: 9% to gain inside 3% of downside.
Prime: Two points more room for a higher target, at roughly 1.6x the Select fee.
Signature: The widest floor of the three standard plans, and the dearest of them at every size.
Elite: The only plan sold at $5k, and the only one with no daily payout limit. Every size is also sold as a No DLL variant at a higher price.
Every plan, its own rules
MyFundedPerps sells four models and the rules are not interchangeable. The same menu holds a 3% limit beside a 6% one.
| Plan | Profit target | Max drawdown | Daily loss | Split | Entry fee |
|---|---|---|---|---|---|
| Select | 9% | 3% static max | 3% daily | 80% (90% with paid upgrade) | $30 at $10,000 code ELITE |
| Prime | 12% | 5% static max | 3% daily | 80% (90% with paid upgrade) | $45 at $10,000 code ELITE |
| Signature | 10% | 6% static max | 3% daily | 80% (90% with paid upgrade) | $65 at $10,000 code ELITE |
| Elite | 10% | 5% static max | 3% daily | 80% (90% with paid upgrade) | $36 at $5,000 code ELITE |
Each of the four states its own daily loss limit beside the total drawdown.
Entry fee is the cheapest size each plan is sold at, the same rows the ladder above prices. Where a code cuts a fee, the code is named beside it. Every figure is the firm's own wording, read from the plan pages linked under Sources.
The rules that decide whether you pass
MyFundedPerps runs a 1-step evaluation: hit 9% (Select) before breaching 3% static max, 3% daily (Select). Leverage is Set per market rather than per account: BTC 10x, ETH 8x, SOL 5x, gold 10x, oil 8x, NAS100 12x, and 2x to 4x on most altcoins and single stocks and the account is traded on MyFundedPerps web terminal, with a documented REST API and account stream. Crypto perpetuals around the clock (BTC, ETH, SOL, XRP, DOGE, HYPE, ZEC and more) plus gold, silver, oil, indices, single US stocks and six FX pairs are available, so the instrument set is broad enough that position sizing matters more than the rules do.
Their own docs set the order: challenge passed, identity verification via Sumsub, customer agreement, funded account. Signup collects name and address only.
“Complete identity verification, sign the customer agreement, follow funding review, and open the issued funded account.”
Source: the firm's own page, read 2026-11-08. Our classification: Before activation.
Two practical warnings for this structure. A 3% static max, 3% daily drawdown (Select plan) is tighter than it looks: a 3% overnight move on a large position is normal in crypto and can end the account in one candle. And the profit split of 80% (90% with paid upgrade) applies to profit you withdraw, not to the account balance, so plan the first payout before you start rather than after you pass.
Payouts and verification
How it pays
Rails: Rise (cash) / Store credit
Timing: On request once funded: Select, Prime and Signature one request per New York calendar day, Elite at any time. Every request is reviewed by hand and no processing time is published.
Cash leaves through a Rise account; the store-credit route adds 5% and cannot be withdrawn as cash. A request needs $100 of gross profit on Select, Prime and Signature, or $50 / $100 / $250 / $500 on the $5k / $10k / $25k / $50k Elite. The full gross amount is deducted from the funded account, trading locks while a request is pending, and a $100,000 lifetime cap applies across every account, counted after the split.
Before you request
Verification: Before activation - Their own docs set the order: challenge passed, identity verification via Sumsub, customer agreement, funded account. Signup collects name and address only.
Restricted: Afghanistan, Belarus, Cambodia, Central African Republic, Cuba, Democratic Republic of the Congo (DRC), Guinea, Haiti, Iran, Iraq, Kenya, Libya, Mali, Myanmar, North Korea, Pakistan, Philippines, Puerto Rico, Republic of the Congo, Russia, Somalia, South Sudan, Sudan, Syria, Taiwan, Ukraine, Uzbekistan, Venezuela, Vietnam, U.S. Virgin Islands, Yemen
Support: what this firm publishes about its own support - channels, stated hours, any response-time claim in its own words.
Confirm the settlement route and the minimum withdrawal on the firm's dashboard before you trade to the target; this firm pays through the rails listed under How it pays rather than in a token you nominate, so the route, not the split, is what turns a payout into a delay.
Strengths and trade-offs
What it does well
- Four single-phase plans from $5k to $100k, with static floors and no consistency rule or minimum trading days
- Elite accounts can request a payout at any time, and the other three once per New York day
- The cheapest genuine entry in this set: a $10k Select evaluation at $30 with code ELITE, $40 without it
- A named operating entity (Funding Perpetuals Holdings, Inc., Delaware) and a terms page that says plainly the accounts are simulated and no live stage is offered
- A dated third-party payout record exists: Payout Junction shows $1,665,519 verified on-chain across 3,923 Rise payouts, most recent on 3 November 2026
What costs you
- Payouts leave through Rise after a manual review: no direct USDT or SOL to a wallet, and no processing time, currency or network published
- A $100,000 lifetime cap on payouts across every account, counted after the split
- On Select, Prime and Signature the first withdrawal locks the loss floor at starting balance, so profit you leave in is your only cushion
- The headline discount is first-purchase only: from the third purchase the code takes 20%, so the ladder's sale figures are not a standing price
- The brand and the domain are ten weeks old (registered 24 August 2026), so its payout record runs from September even though the team has run My Funded Futures since 2027
Who it suits, and who it does not
Suits: Perps traders who want one phase, a fixed loss floor and a payout request window measured in days rather than weeks.
Does not suit: Anyone who needs USDT or SOL straight to a wallet, a live-capital stage, or more than $100,000 of lifetime payouts from one firm.
How it compares with the rest of the list
At the $25k size MyFundedPerps sits at $75 for its Select account with a split of 80% (90% with paid upgrade) and a 3% static max, 3% daily drawdown (Select plan). The firms that undercut it charge less for the challenge but usually ask for a tighter drawdown or a one-step target, and the firms that publish wider room to trade ask more up front. If the deciding factor for you is the split rather than the fee, read the side-by-side comparison before choosing.
Sources
- Challenge selector: list and sale fee for every plan and size, with code ELITE in the banner
- FAQ: targets, static floors, daily limits, minimum payout, lifetime cap, KYC timing, news windows, 31 restricted countries
- Markets page: leverage and exposure caps per instrument
- Terms: Funding Perpetuals Holdings, Inc. (Delaware), simulated-only accounts, no live funded stage
- Payout Junction: $1,665,519 verified on-chain across 3,923 Rise payouts, last update 3 November 2026
Copied from the firm's own pages. If a term has changed since, tell us at research@cryptopropfirms.com and we will re-check it against the firm's own wording.
Head to head
- MyFundedPerps vs Crypto Fund Trader
- MyFundedPerps vs Bitfunded
- MyFundedPerps vs HyroTrader
- MyFundedPerps vs Breakout Prop Firm
- MyFundedPerps vs Upscale
- MyFundedPerps vs Fundedbit
- MyFundedPerps vs Kraken Prop
- MyFundedPerps vs Propr
- MyFundedPerps vs FXIFY
- MyFundedPerps vs Velotrade
- MyFundedPerps vs Funded Trader Markets
- MyFundedPerps vs Instant Funding
- MyFundedPerps vs FX2 Funding
- MyFundedPerps vs For Traders
- MyFundedPerps vs City Traders Imperium
- MyFundedPerps vs FundedNext
- MyFundedPerps vs DNA Funded
- MyFundedPerps vs Blue Guardian
- MyFundedPerps vs E8Markets
- MyFundedPerps vs AquaFunded
The rules that end accounts
Every firm here publishes a fee and a split. These are the terms that decide whether the account survives a bad week, taken from MyFundedPerps's own rules page and quoted verbatim under the table.
| Maximum drawdown type | Static |
|---|---|
| Daily loss limit | 3% |
| Consistency rule | No |
| Minimum trading days | None No minimum on the evaluation. An evaluation fails after 30 consecutive days without an executed trade, and a funded account after 7. |
| News trading | Blocked |
| Weekend holding | Allowed |
| Cap on a single payout | No cap published a $100,000 lifetime cap across all accounts applies |
Static. The maximum loss floor is your starting balance minus the MLL, and it doesn't trail your profits. On drawdown, from https://myfundedperpetuals.com/faq
Where a firm runs several plans with different rules, the field says so rather than picking the flattering one. "Not published" means the page we read does not say.
Other firms
- Crypto Fund Trader review - Two-step, no time limit
- Bitfunded review - Coins first, 100+ of them, plus 20 TradFi pairs
Related: what a $25k challenge costs · firms that pay in USDT · KYC at signup vs payout.