Crypto / Firms / MyFundedPerps

MyFundedPerps review: rules, prices and payouts

United States·Founded 2026·★ 4.7 (209)

80% split, 90% with upgradeNo consistency ruleStatic drawdowns onlyDaily payouts, Elite on demand122 perpetual marketsMax loss only 3% to 6%Funded news window applies7-day funded inactivity rule

FromELITE

$40

From $40

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Cheapest start$40$10K · 1 Step

Daily / max loss3% / 3%static max loss

Trust score

Trustpilot

4.7209 reviews · 3% one-star

5★90%

4★5%

3★1%

2★1%

1★3%

Average stars per month (Trustpilot). Red points are months under 3.5. Source ↗

Our verdict

MyFundedPerps suits a perps trader who wants static drawdowns, no consistency rule and a wide market list of 122 perpetual markets across crypto, stocks, indices, forex and commodities. The trade-offs are tight maximum losses of only 3 to 6 percent, a funded news window, a 7-day funded inactivity rule and one-time fees from 40 to 965 dollars by plan and size. Payouts are daily, limited to one request per New York day, or on demand on Elite, with a 100 dollar gross minimum on Select, Prime and Signature, Elite minimums from 50 to 500 dollars by size, and a 100,000 dollar lifetime cap counted after the split. Trustpilot rates the firm 4.7 from 209 reviews, with only about 1 in 30 reviews at 1 star.

What traders likeReviewers describe responsive, helpful supportReviewers find the rules clear and trader-friendlyReviewers report fast, reliable payoutsReviewers say KYC and funded-account setup is quick and smoothReviewers praise the trading platform as easy to use or smooth and reliable to trade on

What traders complain aboutReviewers report slow KYC or a long wait for the live or funded accountReviewers report accounts banned or closed, sometimes right after a payoutReviewers report slow or unresponsive supportSome reviewers call the firm or its trading volume fake or a scamOne reviewer reports a delayed payout

True cost to get funded

One-time

$190

1-Step Select · no activation

1-Step Select is a one-time fee of $190, so the months slider does not change it.

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Summary

MyFundedPerps, run from Dallas in the United States under chief executive Matthew Leech and launched in September 2026, offers simulated perpetual futures on its own terminal, with price data from Hyperliquid, Binance, Bybit, Lighter and Ostium. Account sizes run from 5,000 to 100,000 dollars across Select, Prime, Signature and Elite plans, with funded allocation capped at 300,000 dollars and one-time fees from 40 to 965 dollars by plan and size. Profit targets run from 9 to 12 percent, with static maximum losses from 3 to 6 percent. Traders keep 80 percent by default, 90 percent with a paid upgrade, and can request payouts daily, or on demand for Elite, subject to minimums from 50 to 100 dollars.

Firm overview

CEOMatthew Leech

Where does price data come from?—

Where is the firm based?United States

Founded2026

Instruments and assets

Example symbolsBTC/USDETH/USDSOL/USDXRP/USDDOGE/USDADA/USDLINK/USDAAPLTSLANVDANAS100SP500GOLDWTI OilEUR/USD

Leverage

Crypto1:10

BTC and ETH1:10

Majors1:8

Altcoins1:5

DeFi1:5

Meme1:5

Tokenized stocks1:5

Tokenized forex1:5

Tokenized metals1:20

Tokenized energy1:20

Tokenized indices1:40

Commissions

Example A 10,000 dollar BTC position round trip costs about 6.00 dollars in commission: 3.00 dollars to open plus 3.00 dollars to close, excluding spread, slippage and swap. Holding that 10,000 dollar position for one day adds about 3.00 dollars in swap, charged hourly.

Consistency

Evaluationnone

Funded accountnone

Firm rules

Minimum trading daysNone on evaluation and funded, on all plans. An executed trade is still required at least once every 30 consecutive calendar days in evaluation, and at least once every 7 consecutive calendar days on a funded account, under the inactivity rules below.

News tradingUnrestricted in evaluation. On funded accounts, trading is restricted around high-impact news: more than 10 minutes before a release, normal trading and open positions may be held through it; from 10 minutes before to 2 minutes before, no new exposure may be added in the affected market; from 2 minutes before to 2 minutes after, no manual trades of any kind. Earnings announcements are also restricted for individual stocks and equity perpetuals. A violation is a soft breach and profit made inside the restricted windows is deducted.

Copy tradingAllowed only between accounts owned by the same person, using the built-in copy trading feature, with a lead account and followers sized from 0.1x to 2x. A funded account cannot follow an evaluation account, manual trading of a follower is locked while copying is active, and copying from external sources, signal services or other traders is prohibited.

Automated strategiesAutomated trading is allowed only through the official documented API. Bots, expert advisors, scripts and AI agents must follow all trading rules and may not be used for high-frequency trading, latency arbitrage, quote stuffing, platform exploitation, cross-account coordination or risk-limit circumvention. Accessing the website internal APIs through browser tools or network requests is not permitted.

InactivityEvaluation accounts fail under the 30-day inactivity rule if no executed trade is recorded for 30 consecutive calendar days. Funded accounts must record an executed trade at least once every 7 consecutive calendar days, or the account may be closed.

VPNVPNs, proxies, remote-access tools, anonymisation services and location spoofing may not be used to disguise the identity or physical location of the trader, circumvent geographic restrictions, bypass security controls, or make an account appear to be operated by someone else. Access involving VPNs, hosting providers, datacentre IP addresses, residential proxies, remote desktops or virtual machines may be restricted or reviewed.

Prohibited strategiesCross hedging across accounts, High-frequency trading, Latency arbitrage, Price-feed or data-feed exploitation, Execution exploitation, Quote stuffing and excessive order activity, Spoofing and layering, Wash trading and self-trading, Group hedging and coordinated trading, Account cycling and sacrificial accounts, Evaluation gambling and repeated maximum-risk attempts, Risk-free or near risk-free exploitation, Platform, bug or rule exploitation, Hedging across accounts, platforms or firms

Challenges

Program	Account	Price	Activation	Target	Max loss	Drawdown	Daily loss	True cost (1 mo) ↓
1-Step Select	$10K	$40 once	$0 (Free)	$900	$300	Static	3%	$40	Get
1-Step Select	$25K	$100 once	$0 (Free)	$2,250	$750	Static	3%	$100	Get
1-Step Select	$50K	$190 once	$0 (Free)	$4,500	$1,500	Static	3%	$190	Get
1-Step Select	$100K	$360 once	$0 (Free)	$9,000	$3,000	Static	3%	$360	Get
1-Step Prime	$10K	$60 once	$0 (Free)	$1,200	$500	Static	3%	$60	Get
1-Step Prime	$25K	$160 once	$0 (Free)	$3,000	$1,250	Static	3%	$160	Get
1-Step Prime	$50K	$300 once	$0 (Free)	$6,000	$2,500	Static	3%	$300	Get
1-Step Prime	$100K	$595 once	$0 (Free)	$12,000	$5,000	Static	3%	$595	Get
1-Step Signature	$10K	$90 once	$0 (Free)	$1,000	$600	Static	3%	$90	Get
1-Step Signature	$25K	$225 once	$0 (Free)	$2,500	$1,500	Static	3%	$225	Get
1-Step Signature	$50K	$430 once	$0 (Free)	$5,000	$3,000	Static	3%	$430	Get
1-Step Signature	$100K	$870 once	$0 (Free)	$10,000	$6,000	Static	3%	$870	Get
Elite 3% DLL	$5K	$49 once	$0 (Free)	$500	$250	Static	3%	$49	Get
Elite 3% DLL	$10K	$95 once	$0 (Free)	$1,000	$500	Static	3%	$95	Get
Elite 3% DLL	$25K	$249 once	$0 (Free)	$2,500	$1,250	Static	3%	$249	Get
Elite 3% DLL	$50K	$495 once	$0 (Free)	$5,000	$2,500	Static	3%	$495	Get
Elite No DLL	$5K	$99 once	$0 (Free)	$500	$250	Static	None	$99	Get
Elite No DLL	$10K	$194 once	$0 (Free)	$1,000	$500	Static	None	$194	Get
Elite No DLL	$25K	$482 once	$0 (Free)	$2,500	$1,250	Static	None	$482	Get
Elite No DLL	$50K	$965 once	$0 (Free)	$5,000	$2,500	Static	None	$965	Get

Payouts

Profit split80% to the trader

FrequencyDaily for Select, Prime and Signature, and on demand for Elite.

Minimum payout$100

Restricted countries

Restricted list is only. The official FAQ confirms restrictions exist and are checked at onboarding, checkout and funding, but does not publish the platform restricted list in fetched text. The current list adds Ukraine compared with the October 24 list, and that current value is applied per -wins. A separate official FAQ list of countries unavailable for card payments is not used as the platform restricted list and is not reproduced here.

Fully restricted (30):

AfghanistanBelarusCambodiaCentral African RepublicCubaDemocratic Republic of the CongoGuineaHaitiIranIraqKenyaLibya+18 more

Announcements

October 6, 2026 · Trade Cases giveaway launchedA giveaway of 100,000 free cases was launched, with every case paying a prize and prizes spanning evaluation accounts from 1K to 100K plus store credit.

October 5, 2026 · October Competition openedA competition running to October 31, 2026 offered three paths on one leaderboard ranked by account equity, with prizes for the top 100 finishers.

October 2, 2026 · Multi-asset perpetual futures expansion describedThe firm described a single funded account across 122 perpetual markets in five asset classes, with crypto trading around the clock and daily payout requests.

FAQ

What does a MyFundedPerps challenge cost?A one-time fee by plan and size, from 40 dollars for a 10,000 Select account to 870 dollars for a 100,000 Signature account, and from 49 dollars for a 5,000 Elite 3 percent DLL account to 965 dollars for a 50,000 Elite No DLL account at list price. No activation fee was found. The official FAQ directs traders to the challenge selector for the final checkout total.

What are the drawdown limits?Select: 3 percent daily and 3 percent static maximum loss. Prime: 3 percent daily and 5 percent static maximum loss. Signature: 3 percent daily and 6 percent static maximum loss. Elite: 5 percent static maximum loss, with a 3 percent daily loss limit on the 3 percent DLL option and no daily loss limit on the No DLL option.

Is there a consistency rule?No, on any plan, at evaluation or funded stage. Profits may come from any number of trades or trading days, provided the profit target is reached without breaching the plan loss limits.

What split do I get, and is there a minimum payout?80 percent by default, or 90 percent with the upgrade chosen at checkout, on all plans. Select, Prime and Signature require at least 100 dollars of gross profit per request. Elite minimums are 50 dollars on 5K, 100 dollars on 10K, 250 dollars on 25K and 500 dollars on 50K.

Can I hold over the weekend?Yes, on 24/7 markets, where trading and holding continue over the weekend. On 23/5 markets, weekend trading and holding are not allowed, and all open positions are automatically closed 15 minutes before the market closes on Friday.

Can I trade news?Freely in evaluation. On funded accounts, no new exposure may be added from 10 minutes before to 2 minutes before a high-impact release in the affected market, and no manual trades of any kind are allowed from 2 minutes before to 2 minutes after. Profit made inside the restricted windows is deducted as a soft breach.

Can I use bots or expert advisors?Yes, but only through the official documented API, and automation does not exempt a trader from any rule. High-frequency trading, latency arbitrage, quote stuffing, platform exploitation, cross-account coordination and risk-limit circumvention through automation are prohibited.

Which countries cannot join?The official FAQ confirms restrictions exist but does not publish the list in fetched text. The list used here names 30 restricted entries, including Afghanistan, Cuba, Iran, North Korea, Pakistan, Russia, Syria, Ukraine, Venezuela, Vietnam and Yemen, with eligibility checked at onboarding, checkout and funding.

Reddit corner

Public Reddit threads about this firm — titles and short paraphrased themes, not full posts.

r/PropFirmTester2026-10-20
MyFundedPerps is Tragically Bad
A trader who likes the same company's futures product says the new perps product is poor. A commenter says the daily loss limit cost them about $1.5k because it acts as a hard breach.
r/PropFirmTester2026-10-23
Read the fine print before trading A MyFundedperp Acc
Poster says the daily loss limit is a hard breach on non-elite accounts, so the drawdown behaves like an intraday trailing one despite being described as static. A reply says the rules page states the hard breach before purchase.
r/PropFirmTester2026-09-27
What's the catch with these perps prop firms that have started popping up?
Asker is puzzled by static drawdown, few funded-account rules and daily payouts. Commenters allege payouts get refused over rule violations and dislike a one-sided-betting rule. These are unverified comments.
r/PropFirmTester2026-10-25
My Funded Perps, good or bad prop firm?
New post from a trader who finds the 16 plan options confusing and asks for experiences. No substantive replies yet.

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Is MyFundedPerps legit?

MyFundedPerps publishes detailed payout terms, including daily request windows for most plans and on-demand requests for Elite. Its Trustpilot page shows 4.7 from 212 reviews as of October 2026, with no warning banner observed. A small review history does not establish long-term reliability. Its $100,000 lifetime payout cap and post-withdrawal loss-floor rules deserve attention before buying.

Founded: The program launch date is not confirmed by the official sources cited here.
Trustpilot: 4.7 from 212 reviews. No warning banner was observed. Checked October 2026.
Payouts: Select, Prime and Signature have a $100 gross minimum, paying $80 at 80/20 or $90 at 90/10, and one request per New York calendar day. Elite uses a 1%-of-account gross minimum and on-demand requests after the previous one finishes. All models share a $100,000 lifetime payout cap per user.
Watch out for: On Select, Prime and Signature, the first withdrawal permanently moves the maximum loss floor to starting balance. Elite is excluded. Some small prize accounts pay only store credit, not cash.
Our take: We would check the exact plan, cash eligibility and projected loss buffer before the first withdrawal.

Updated 2026-10-26

MyFundedPerps price history and rule changes

From our weekly snapshots of the firm's own site.

Cheapest $5K plan, list price

No plan changes since we started tracking.

MyFundedPerps review: rules, prices and payouts

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