Funded Trader Markets vs MyFundedPerps
Funded Trader Markets 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: Funded Trader Markets is $10 cheaper at the entry tier ($20 against $30 with code ELITE). Funded Trader Markets publishes the wider maximum drawdown at $25k (10% on 2 Step Plus against 6% on Signature). Open Funded Trader Markets
| Term | Funded Trader Markets | MyFundedPerps |
|---|---|---|
| Cheapest evaluation | $20 | $30 code ELITE |
| Size at that price | $5,000 | $10,000 |
| 25k fee | $59 | $75 code ELITE |
| Profit split | Up to 90% | 80% (90% with paid upgrade) |
| Drawdown (25k) | 6% from the highest recorded balance, fixed at the initial size once 6% profit is reached, 4% of the initial balance (3% on the 300k) (1 Step Nitro) | 3% static max, 3% daily (Select) |
| Profit target (25k) | 10% (1 Step Nitro) | 9% (Select) |
| KYC | Before activation | Before activation |
| Payout rail | USDC / USDT / BTC / ETH / SOL / Rise | Rise (cash) / Store credit |
| Payout speed | 24-hour guarantee, average around 20 minutes | 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 | BTC/ETH 1:5, other crypto 1:2, FX 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 | $300,000 per account | $300,000 in funded accounts across all plans, and $100,000 per plan type |
| Instruments | 76 instruments including roughly 40 crypto CFDs | 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: Funded Trader Markets: Instant Standard at $97 (5% of room) and 2 Step Plus at $98 (10% 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
Funded Trader Markets 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 | Funded Trader Markets | MyFundedPerps | Cheaper |
|---|---|---|---|
| $5k | not sold | $36 code ELITE | - |
| $10k | not sold | $30 code ELITE | - |
| $25k | $59 | $75 code ELITE | Funded Trader Markets |
| $50k | $120 | $142 code ELITE | Funded Trader Markets |
| $100k | $249 | $270 code ELITE | Funded Trader Markets |
What the fee buys, and what it takes back
The $16 gap is 0.3 cheap attempts at the MyFundedPerps fee. The fee is also only the entry cost: at the headline split, Funded Trader Markets has to make $66 of profit before the attempt has paid for itself, and $83 at MyFundedPerps.
| Measure | Funded Trader Markets | MyFundedPerps |
|---|---|---|
| Fee for a $25k attempt | $59 | $75 code ELITE |
| Fee per $1,000 of account | $2.36 | $3.00 |
| Profit needed to win the fee back at the headline split | $66 | $83 |
| Account destroyed on a bad day (drawdown in dollars) | $1,500 (6%) | $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 Funded Trader Markets trails it - so a profitable run can leave the second account closer to its line than the balance suggests. At $25k there is $750 more room at Funded Trader Markets ($1,500 against $750), which is 3.0 percentage points of the account.
Getting the money out
Funded Trader Markets pays USDC / USDT / BTC / ETH / SOL / Rise, MyFundedPerps pays Rise (cash) / Store credit. Timing is not the same either: 24-hour guarantee, average around 20 minutes 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
- Payout rails are not the same: Funded Trader Markets pays USDC / USDT / BTC / ETH / SOL / Rise, MyFundedPerps pays Rise (cash) / Store credit.
- at $25k the target is 10% (1 Step Nitro) for Funded Trader Markets, 9% (Select) for MyFundedPerps.
- divide each fee by the limit that fee is tested against and Funded Trader Markets costs $9.83 per point of drawdown, MyFundedPerps $25.00: $59 over a 6% limit (1 Step Nitro) against $75 with code ELITE over a 3% limit (Select).
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 Funded Trader Markets. If the first attempt is a test rather than a plan, Funded Trader Markets at $20 costs less to be wrong about.
Which one, and for whom
Choose Funded Trader Markets if Cost-sensitive traders who also want weekend crypto CFDs.
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: Funded Trader Markets 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.