MyFundedPerps has officially launched, bringing perpetual futures trading across crypto, stocks, commodities, forex and indices into the MyFunded ecosystem.
The firm is built by the team behind My Funded Futures and offers three 1-Step evaluation models: Select, Prime and Signature. Traders can access up to $300,000 in total funded allocation, with profit splits of up to 90%.
Unlike most crypto-focused perpetual platforms, MyFundedPerps is designed around a much broader range of markets, with hundreds of perpetual pairs available through its custom terminal.
In this article, I’ll explain how MyFundedPerps works, the three challenge models, pricing and what makes the launch interesting.
What Is MyFundedPerps?
MyFundedPerps is a retail prop firm focused on perpetual futures, commonly known as perps.
Perpetuals work similarly to traditional futures contracts, but they do not expire. This makes them particularly popular for 24/7 markets and removes the need to roll contracts into a new expiry.
MyFundedPerps supports hundreds of perpetual markets across:
- Crypto
- Stocks
- Commodities
- Forex
- Indices
The current instrument list includes markets linked to Bitcoin, Ethereum, Nvidia, Tesla, Meta, gold, oil and the S&P 500.
All Evaluation and Simulated Funded Accounts remain entirely simulated, with pricing referenced from third-party exchanges such as Hyperliquid, Binance and Bybit. MyFundedPerps currently offers no pathway to live capital.
MyFundedPerps Challenge Rules
All three plans are 1-Step evaluations with a 3% daily loss limit, static maximum drawdown, no minimum trading days and no evaluation time limit.
| Select | Prime | Signature | |
|---|---|---|---|
| Profit Target | 9% | 12% | 10% |
| Daily Loss Limit | 3% | 3% | 3% |
| Maximum Drawdown | 3% Static | 5% Static | 6% Static |
| Minimum Trading Days | None | None | None |
| Time Limit | None | None | None |
The main difference is how much drawdown you receive relative to the profit target.
Select is the cheapest option but also the tightest, with just 3% maximum drawdown against a 9% target.
Prime increases the drawdown to 5%, although the profit target also rises to 12%.
Signature offers the most generous overall risk allowance, with 6% static drawdown against a 10% target.
From a pure drawdown-to-profit-target perspective, Signature is the strongest of the three.
MyFundedPerps Pricing
Each model is available in $10K, $25K, $50K and $100K account sizes.
At launch, all three plans are currently discounted by around 20%.
Select Pricing
| Account Size | Original Price | Launch Price |
|---|---|---|
| $10K | $40 | $32 |
| $25K | $100 | $80 |
| $50K | $190 | $152 |
| $100K | $360 | $288 |
Select is the cheapest model, with the $10K account starting at just $32.
Prime Pricing
| Account Size | Original Price | Launch Price |
| $10K | $60 | $48 |
| $25K | $160 | $128 |
| $50K | $300 | $240 |
| $100K | $595 | $476 |
Prime costs more, but increases maximum drawdown from 3% to 5%.
Signature Pricing
| Account Size | Original Price | Launch Price |
|---|---|---|
| $10K | $90 | $72 |
| $25K | $225 | $180 |
| $50K | $430 | $344 |
| $100K | $870 | $696 |
Signature is the most expensive plan, but also offers the largest 6% static drawdown.
The $100K Signature challenge costs $696 at the current launch price, compared with $288 for Select.
Up To $300K In Funded Allocation
MyFundedPerps allows traders to hold up to $300K in total funded allocation, with a maximum of $100K per model type.
For example, you could hold:
- $100K Select
- $100K Prime
- $100K Signature
for a combined $300K allocation.
If another passed account would push you above either the total or model-specific limit, it enters Funding Review rather than being funded automatically.
Daily Payouts
MyFundedPerps has also launched with relatively simple funded payout rules.
Funded accounts can submit one payout request per day, with a minimum of $100 in gross profit before the profit split. There are no minimum trading days, qualifying-day requirements, consistency gates, payout-count caps or lifetime payout caps.
Payouts officially open on September 11, 2026, with requests processed through Rise.
One important rule is what happens after the first payout. Before your first withdrawal, the maximum loss floor sits below the starting balance according to your plan’s static drawdown.
After the first payout, that floor permanently locks to the starting balance. For example, a $100K Signature account initially has a $94K loss floor. After the first payout, the floor moves permanently to $100K.
That makes keeping a profit buffer important once you start withdrawing.
Why The Launch Is Interesting
The main attraction is the multi-asset perpetual model.
Most retail prop firms still fall into one of two categories: CFD firms offering forex and indices, or futures firms focused on exchange-traded contracts.
MyFundedPerps sits somewhere in between.
You can trade crypto alongside stocks, commodities, forex and indices through perpetual contracts, without needing separate prop accounts for each market.
The platform also supports algorithmic and agentic trading through REST, WebSocket, MCP and SDKs for languages including Python, TypeScript, Go and Rust.
That makes the launch particularly interesting for systematic traders as well as discretionary traders.
Backed By My Funded Futures
MyFundedPerps is built by the same team behind My Funded Futures.
The company says the wider group has paid more than $250 million to traders through over 100,000 payouts since 2023.
That gives MyFundedPerps a more established backing than many completely new prop firms entering the perpetual market.
It also suggests the MyFunded group sees perpetual futures as a major new growth area alongside traditional CME futures.
Is MyFundedPerps Competitive?
I think Signature is the most interesting plan from a rules perspective.
A 6% static drawdown against a 10% target gives traders considerably more room than Select, while still keeping the evaluation to one phase.
However, the higher pricing is significant. A $100K Signature account currently costs $696, compared with $476 for Prime and $288 for Select.
So the decision really comes down to whether the extra drawdown is worth paying for. Select is much cheaper, but a 3% drawdown against a 9% target gives a tight 1:3 drawdown-to-profit-target ratio.
Prime sits in the middle, while Signature offers the best risk allowance but at the highest cost.
Conclusion
Overall, MyFundedPerps is an interesting expansion for the MyFunded group.
The firm combines crypto, stocks, commodities, forex and indices through one perpetual-focused prop platform, with three simple 1-Step challenge models and up to $300K in funded allocation.
The three models also give traders a clear trade-off between price and drawdown. Select is cheap but restrictive, Prime sits in the middle, while Signature offers the strongest rules at a considerably higher price.
This isn’t the first firm to expand to perps, with E8 Markets recently adding Perpetuals, and Tradeify Crypto rebranding to Tradeify 247. With competition increasing, I expect these firms will be pushed to improve pricing, rules and payouts, which should ultimately benefit traders.
