For Traders vs MyFundedPerps
For Traders 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 $11 cheaper at the entry tier ($30 with code ELITE against $41). Payout rails are not the same: For Traders pays Bank transfer / Crypto, MyFundedPerps pays Rise (cash) / Store credit. Open MyFundedPerps
| Term | For Traders | MyFundedPerps |
|---|---|---|
| Cheapest evaluation | $41 | $30 code ELITE |
| Size at that price | $3,000 | $10,000 |
| 25k fee | $116 code TRADE15 | $75 code ELITE |
| Profit split | 90% on Fast PRO | 80% (90% with paid upgrade) |
| Drawdown (25k) | 4% end-of-day trailing drawdown, no daily limit (Fast PRO Crypto) | 3% static max, 3% daily (Select) |
| Profit target (25k) | 6% (Fast PRO Crypto) | 9% (Select) |
| KYC | Before activation | Before activation |
| Payout rail | Bank transfer / Crypto | Rise (cash) / Store credit |
| Payout speed | Within 48 hours, guaranteed | 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 | Crypto up to 1:20 on Fast PRO, 1:5 BTC elsewhere | 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 | $300,000 total, $200,000 per account | $300,000 in funded accounts across all plans, and $100,000 per plan type |
| Instruments | 70+ crypto pairs, 24/7 including weekends, plus FX, metals, indices and futures | 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: For Traders: Fast Crypto at $228 (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 2 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 | For Traders | MyFundedPerps | Cheaper |
|---|---|---|---|
| $5k | not sold | $36 code ELITE | - |
| $10k | not sold | $30 code ELITE | - |
| $25k | $116 code TRADE15 | $75 code ELITE | MyFundedPerps |
| $50k | $169 code TRADE15 | $142 code ELITE | MyFundedPerps |
| $100k | $245 code TRADE15 | $270 code ELITE | For Traders |
What the fee buys, and what it takes back
The $41 gap is 0.5 cheap attempts at the For Traders fee. The fee is also only the entry cost: at the headline split, For Traders has to make $129 of profit before the attempt has paid for itself, and $83 at MyFundedPerps.
| Measure | For Traders | MyFundedPerps |
|---|---|---|
| Fee for a $25k attempt | $116 code TRADE15 | $75 code ELITE |
| Fee per $1,000 of account | $4.64 | $3.00 |
| Profit needed to win the fee back at the headline split | $129 | $83 |
| Account destroyed on a bad day (drawdown in dollars) | $1,000 (4%) | $750 (3%) |
| Drawdown type | Trailing | 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.
The rule that ends most attempts
MyFundedPerps measures drawdown from a fixed floor, while For Traders trails it - so a profitable run can leave the second account closer to its line than the balance suggests. At $25k there is $250 more room at For Traders ($1,000 against $750), which is 1.0 percentage points of the account.
Getting the money out
For Traders pays Bank transfer / Crypto, MyFundedPerps pays Rise (cash) / Store credit. Timing is not the same either: Within 48 hours, guaranteed 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
- For Traders wants 6% (Fast PRO Crypto) of profit at $25k before a payout, MyFundedPerps 9% (Select).
- divide each fee by the limit that fee is tested against and For Traders costs $29.00 per point of drawdown, MyFundedPerps $25.00: $116 with code TRADE15 over a 4% limit (Fast PRO Crypto) against $75 with code ELITE over a 3% limit (Select).
The decision rule
If the first attempt is a test rather than a plan, MyFundedPerps at $30 with code ELITE costs less to be wrong about.
Which one, and for whom
Choose For Traders if Crypto traders who need weekend access and leverage above 1:5.
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: For Traders 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.