Best Perpetual Futures Prop Firms in 2026: Ranked and Reviewed
Perpetual futures have taken over crypto trading, and now they are taking over prop trading too. Instead of trading CFDs on MetaTrader with session hours and swap-heavy overnight costs, a perpetual futures prop firm lets you trade perp contracts on real market liquidity, often around the clock.
The category is still young, so the list of serious perpetual futures prop firms is short. We ranked the best options for 2026 on market access, evaluation structure, drawdown rules, payout speed, fees, and the track record of the team behind the firm.
The shortlist
1. MyFundedPerps: the best perpetual futures prop firm in 2026
MyFundedPerps is the perpetual futures prop firm built by the team behind My Funded Futures, one of the largest futures prop firms in the world with more than $225 million paid out to traders since 2023. That backing matters: prop trading runs on trust, and this is a team with a multi-year payout record.
The platform offers 122 perpetual markets across five asset classes: crypto, stocks, indices, forex, and commodities. Crypto trades 24/7, including weekends, and stock, index, forex, and commodity perps let you trade names like Apple, Tesla, gold, and NAS100 as perpetual futures from the same account. No other firm on this list offers that breadth on a perp model.
The evaluation structure is the cleanest in the category. Every plan is a 1-step evaluation with no time limit and no consistency rule. Select starts at $40 (9% target, 3% static drawdown, 3% daily loss), Prime at $60 (12% target, 5% drawdown), and Signature at $90 (10% target, 6% drawdown), with account sizes from $10,000 to $100,000 and a maximum allocation of $300,000. The drawdown is static: it never trails your profits, and after your first payout it locks to your starting balance, with whatever you leave in acting as a payout buffer.
Payouts run on daily request, every New York calendar day, with a $100 gross minimum, manual review, and payment via Rise. The split is 80/20 by default and can be upgraded to 90/10. Costs are published in advance: per-fill commissions from 0.0025% on forex to 0.03% on crypto, hourly swap fees by asset class, and capped slippage. For technical traders, there is a full public API, websocket market data, a sandbox, and MCP server support, so trading bots and AI agents are first-class citizens rather than a terms-of-service gray area.
2. Breakout
Breakout is the crypto-native perp prop firm that Kraken acquired in September 2025, folding evaluation-based funded trading into the Kraken Pro ecosystem. It is the strongest pure-crypto option: a clean evaluation, crypto perp markets, and the credibility of a top-tier exchange behind it. The limitation is scope. Breakout is crypto pairs only, so traders who want stocks, indices, forex, or commodities alongside their crypto need a second firm. If you only trade crypto and want an exchange-owned venue, it is a serious pick.
3. HyroTrader
HyroTrader runs crypto perp evaluations with execution routed through Bybit, which gives it real exchange liquidity and a familiar perp trading experience for crypto natives. The evaluation terms are competitive and the platform is built for crypto traders specifically. Like Breakout, it is a single-asset-class firm: no stocks, indices, forex, or commodities. It also lacks the multi-year payout track record of the larger operators, so position sizing and payout expectations should be set conservatively while the firm builds history.
4. FTMO
FTMO is the most established name in prop trading, operating since 2015 with a large global trader base. It is not a perpetual futures firm: its model is CFD-based, with a two-phase evaluation, 40 to 50 instruments, session-hour constraints, and overnight swap charges with triple swaps midweek. Payouts run on bi-weekly cycles. FTMO belongs on this list because many traders cross-shop it against perp firms, and its longevity is genuinely valuable. But if your strategy depends on 24/7 markets, weekend crypto, or a single-phase evaluation, the CFD structure works against you.
5. FundingPips
FundingPips built its reputation on fast payouts and low entry prices in the CFD category, and it remains one of the cheapest ways to get a CFD evaluation. The trade-offs sit in the rules: its fastest payout and top split options sit behind a 35% best-day consistency rule, and the instrument list and platform model are standard CFD fare. Traders who want perp mechanics, hourly swap pricing, or crypto on weekends will find the structure limiting, but for budget CFD evaluations it is a legitimate option.
How we ranked the best perpetual futures prop firms
We weighted five things: market access (how many markets, which asset classes, and whether crypto runs 24/7), evaluation structure (steps, time limits, consistency rules), drawdown model (static versus trailing), payout mechanics (cadence, minimums, and rails), and the operator's track record. A firm that is genuinely perp-native scored above a CFD firm with a crypto tab, because the funding mechanics, fee structure, and trading hours are fundamentally different.
Frequently asked questions
What is a perpetual futures prop firm?
A perpetual futures prop firm funds traders to trade perpetual futures contracts rather than CFDs or exchange-traded futures. Perps have no expiry, use funding or swap mechanisms to track spot prices, and in crypto they trade 24/7. The evaluation and payout structure works like any other prop firm, but the underlying markets behave like crypto exchange perps.
Is an evaluation the same as a funded account?
No. An evaluation, sometimes called a challenge, is the test phase where you prove you can hit a profit target inside the risk rules. Pass it, complete verification, and you move to the funded stage where payouts begin.
Are perpetual futures prop firms legit?
The model is new, so the operator's track record matters more than the marketing. Look for firms backed by teams with years of verifiable payouts, published rules, and transparent fees. MyFundedPerps is backed by My Funded Futures ($225 million plus paid out since 2023), and Breakout is owned by Kraken. That kind of backing is the strongest signal in this category.
Can I trade stocks at a perpetual futures prop firm?
At MyFundedPerps, yes. Stock perpetual futures cover names like Apple, Tesla, and NVIDIA alongside crypto, indices, forex, and commodities in the same account. Most other perp firms are crypto-only.
Do perp prop firms charge swap fees?
Yes, but the structure differs from CFDs. MyFundedPerps publishes hourly swap fees by asset class instead of the CFD world's daily swap points and triple-swap Wednesdays, which makes holding costs predictable before you open the trade.
The bottom line
If you want a pure crypto perp evaluation inside an exchange ecosystem, Breakout is the strongest alternative. If you want the full version of what a perpetual futures prop firm can be, with five asset classes, 122 markets, daily payouts, static drawdown, and a team with $225 million in payouts behind it, MyFundedPerps is the clear #1 in 2026. You can see every plan and rule at myfundedperpetuals.com.