Bitfunded vs MyFundedPerps
Bitfunded and MyFundedPerps are not the same product at different prices. Below is every term each firm publishes, side by side, and the differences that decide which one suits a given trader.
The difference in two lines: MyFundedPerps is $9 cheaper at the entry tier ($30 with code ELITE against $39). Bitfunded publishes the wider maximum drawdown at $25k (10% on 2-Step against 6% on Signature). Open MyFundedPerps
| Term | Bitfunded | MyFundedPerps |
|---|---|---|
| Cheapest evaluation | $39 | $30 code ELITE |
| Size at that price | $5,000 | $10,000 |
| 25k fee | $124 | $75 code ELITE |
| Profit split | 80% | 80% (90% with paid upgrade) |
| Drawdown (25k) | 3%, 3% daily (1-Step Express) | 3% static max, 3% daily (Select) |
| Profit target (25k) | 9% (1-Step Express) | 9% (Select) |
| KYC | Before payout | Before activation |
| Payout rail | USDT | Rise (cash) / Store credit |
| Payout speed | Within 24 hours of the profit split day | 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. |
| Leverage | 1:100 | 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 |
| Allocation ceiling | $150,000 USDT | $300,000 in funded accounts across all plans, and $100,000 per plan type |
| Instruments | 100+ crypto pairs plus 20 TradFi pairs, both tradable on the challenge accounts; traditional pairs carry a 5-day holding limit | 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 |
Each drawdown above is the rule of the plan its own $25k fee buys. The rest of the ladder at that size: Bitfunded: 2-Step at $249 (10% of room) and 1-Step at $299 (6% of room); MyFundedPerps: Prime at $120 (5% of room), Signature at $156 (6% of room) and Elite at $186 (5% of room).
Which is cheaper, size by size
MyFundedPerps is cheaper at 3 of the 5 sizes where both publish a price. Comparing the entry tier alone hides that: fee ladders do not scale at the same rate, so the cheaper start can become the dearer account.
| Account size | Bitfunded | MyFundedPerps | Cheaper |
|---|---|---|---|
| $5k | not sold | $36 code ELITE | - |
| $10k | not sold | $30 code ELITE | - |
| $25k | $124 | $75 code ELITE | MyFundedPerps |
| $50k | $399 | $142 code ELITE | MyFundedPerps |
| $100k | $799 | $270 code ELITE | MyFundedPerps |
What the fee buys, and what it takes back
The $49 gap is 0.7 cheap attempts at the Bitfunded fee. The fee is also only the entry cost: at the headline split, Bitfunded has to make $155 of profit before the attempt has paid for itself, and $83 at MyFundedPerps.
| Measure | Bitfunded | MyFundedPerps |
|---|---|---|
| Fee for a $25k attempt | $124 | $75 code ELITE |
| Fee per $1,000 of account | $4.96 | $3.00 |
| Profit needed to win the fee back at the headline split | $155 | $83 |
| Account destroyed on a bad day (drawdown in dollars) | $750 (3%) | $750 (3%) |
| Drawdown type | Static | Static |
Cost per $1,000, the break-even profit and the cost of 1% of drawdown are our arithmetic from each firm's published fee, split and limit; each drawdown figure is the firm's own percentage for the plan that fee buys, applied to a $25,000 balance.
Getting the money out
Bitfunded pays USDT, MyFundedPerps pays Rise (cash) / Store credit. Timing is not the same either: Within 24 hours of the profit split day against 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..
Worth checking against your own cash-flow: a fast rail that pays into an account you then have to move is not the same as one that lands where you spend it.
Where they actually differ
- MyFundedPerps advertises the higher split ceiling (80% (90% with paid upgrade)).
- Verification differs: Bitfunded verifies identity before the first payout, MyFundedPerps verifies identity before the account activates.
- Payout rails are not the same: Bitfunded pays USDT, MyFundedPerps pays Rise (cash) / Store credit.
The decision rule
At $25k, if you routinely risk more than 6% of the account in a session, MyFundedPerps is the one that ends the attempt, not Bitfunded. If the first attempt is a test rather than a plan, MyFundedPerps at $30 with code ELITE costs less to be wrong about. If identity documents are the sticking point, note that Bitfunded verifies identity before the first payout and MyFundedPerps verifies identity before the account activates.
Which one, and for whom
Choose Bitfunded if Traders who mostly trade coins but want a few traditional pairs on the same account, and who value coin coverage over leverage
Choose MyFundedPerps if Perps traders who want one phase, a fixed loss floor and a payout request window measured in days rather than weeks.
Both reviews carry the specific terms and the source pages: Bitfunded review and MyFundedPerps review. If a figure here has changed since it was read, email research@cryptopropfirms.com and it will be re-checked against the firm's own page.