MyFundedPerps vs Tradeify Crypto: Perpetuals-Native Trading vs Mirrored Spot Pairs
If you are comparing MyFundedPerps vs Tradeify Crypto, the headline difference is not pricing or payout speed. It is what you are actually trading. MyFundedPerps is built around crypto perpetual futures, the instrument that dominates real crypto volume and runs 24/7 with the mechanics professional crypto traders already know.
Tradeify Crypto takes a different route. Despite the name, it does not offer perpetuals or CFDs. Its accounts give you USD-margined crypto pairs mirroring Binance, OKX, and Bybit liquidity through Gold-i, plus 30 tokenized stocks priced off Hyperliquid: a spot-mirrored product with no funding rates and a 5:1 leverage ceiling.
Quick take: If you trade crypto derivatives and want the instrument you actually know, MyFundedPerps is the natural choice. Tradeify Crypto is a legitimate alternative for instant funding or tokenized stock exposure, but its mirrored spot pairs, 5:1 leverage cap, and 0.04% commission per trade make it a different product for a different trader.
MyFundedPerps vs Tradeify Crypto at a glance
How MyFundedPerps works
MyFundedPerps is a crypto-native prop firm built specifically around perpetual futures. You pass a one-step evaluation on a simulated account, then trade a simulated funded account across 130 markets at launch (September 2026), with profits qualifying for real payouts. Account sizes run $10K to $100K, priced from $40 list for a $10K Select. The PERPS code takes 20% off through the end of September 2026, dropping entry to $32; a $100K Select runs $360 list, $288 with PERPS.
Three evaluation plans, each one step with no time limit and no minimum trading days:
- Select: 9% profit target, 3% daily loss, 3% static max drawdown
- Prime: 12% profit target, 3% daily loss, 5% static max drawdown
- Signature: 10% profit target, 3% daily loss, 6% static max drawdown
All rule percentages are measured on the starting balance, never trailing equity. The drawdown is static, and on your first funded withdrawal it locks permanently to the starting balance: a $100K account with a $94,000 floor moves its floor to $100,000 after the first payout. There is no consistency rule, and funded traders can request a payout every day, with a $100 minimum gross profit, delivered via Rise. The split is 80% standard, with 90% available as a +20% upgrade at checkout only.
Trading costs are transparent: 0.03% commission per side on crypto (a $10,000 round trip costs $6 total), an hourly swap fee of 0.03% per day on open notional, and a 0.1% liquidation penalty.
MyFundedPerps comes from the team behind My Funded Futures, an established futures prop firm with a multi-year payout record across thousands of traders. That backing means the payout infrastructure and risk discipline come from a team that has already run a funded trader program at scale.
How Tradeify Crypto works
Tradeify Crypto is the crypto arm of the Tradeify group, run by the same team behind Tradeify Futures under founder and CEO Brett Simberkoff, serving traders in the US and UK. It offers four tracks from $5K to $100K, all at an 80% flat split. Payouts are on-demand with a $100 minimum, processed within 24 hours via Confirmo (USDC) or Rise (bank plus 100+ cryptocurrencies). Scaling is allowed up to $200K aggregate per program.
The four tracks:
- 1-Step: 12% profit target, 3% daily drawdown, 6% static max drawdown, 5:1 leverage. Important: the drawdown floor locks permanently after your first payout, so the account can no longer build drawdown room as it grows.
- 2-Step: 10% target in phase one, 5% in phase two, 3% daily drawdown, 6% static max drawdown, 5:1 leverage, and no payout lock.
- Instant: No evaluation at all. 3% daily drawdown, 6% trailing max drawdown, 2:1 leverage, a 20% consistency rule, and the payout lock.
- APE-X: No daily drawdown, a 4% max loss trailing on balance, 6% target, 5:1 leverage, a 40% consistency rule once funded, and a separate activation fee.
Pricing with the AUG code starts at $36 for a $5K 2-Step, $42 for a $5K 1-Step, and $66 for a $5K Instant; at $100K those run $348, $420, and $600. APE-X pairs an evaluation fee with an activation fee, from $25 plus $69 at $10K up to $199 plus $329 at $100K.
Trading is on DXTrade only, with a 0.04% commission per trade and no swap or funding fees. Leverage is 5:1 on BTC, ETH, and PAXG and 2:1 elsewhere. The 30 tokenized stocks priced off Hyperliquid are a genuine differentiator for traders who want equity exposure alongside crypto.
Key differences
Perpetuals vs mirrored spot pairs. This is the core distinction. MyFundedPerps gives you actual perpetual futures mechanics: hourly swap fees on open notional, 24/7 derivatives pricing, the instrument that drives the majority of crypto volume. Tradeify Crypto is explicit that its product is not perpetuals and not CFDs; it is USD-margined crypto pairs mirroring spot liquidity via Gold-i. To its credit, Tradeify charges no swap or funding fees as a result. But if your edge is built on perpetuals behavior, the mirrored spot product is not the same market.
Leverage ceilings. Tradeify caps leverage at 5:1 on BTC, ETH, and PAXG, and 2:1 on everything else, with Instant at 2:1 across the board. For scalpers, these caps constrain position sizing, especially on altcoins. MyFundedPerps is built for perpetuals traders: at launch in September 2026, BTC and ETH traded at 10x, SOL, BNB, and XRP at 8x, and most altcoins at 3x. Those were launch-day settings and may have changed since, but the structure reflects how perp traders actually size positions.
Commission costs on every trade. Tradeify charges 0.04% commission per trade. That sounds small, but commissions compound fast: ten $50K round trips daily cost $400 at that rate. MyFundedPerps charges 0.03% per side on crypto, or $6 on a $10,000 round trip, maker and taker at the same rate. Weigh its hourly swap fee (0.03% per day on crypto notional) against Tradeify's zero swap structure: intraday traders see mostly the commission difference, while position holders should model the swap.
Drawdown after your first payout. Both firms use a similar mechanic. On Tradeify's 1-Step track, your static drawdown floor locks permanently after your first payout, so growth no longer buys breathing space; the 2-Step track avoids it. On MyFundedPerps, the static drawdown locks to exactly the starting balance on your first funded withdrawal: accumulated profit becomes a buffer, and the floor never trails your highs before that point.
Model variety vs rule simplicity. Tradeify deserves credit: four tracks, including a no-evaluation Instant option and APE-X with no daily drawdown, is one of the broader menus in crypto prop trading. MyFundedPerps counters with simplicity: three one-step plans, no time limit, no minimum days, no consistency rule, daily payouts, and allocation caps of $300K total and $100K per model.
"The question is not which firm pays out. Both do. The question is whether you want to trade the perpetual futures market itself, or a mirrored version of spot priced off it."
Which should you choose?
Choose MyFundedPerps if crypto derivatives are your market. You get perpetuals-native trading on 24/7 markets with broad altcoin coverage, higher leverage on majors, no consistency rule, daily payouts, and no time pressure, built by the team behind My Funded Futures. US traders are supported; the restricted list covers 30 other countries.
Choose Tradeify Crypto if you want an instant-funding path or tokenized stock exposure from an established operator. The Instant track removes the evaluation entirely, and the Tradeify Futures parentage plus US and UK availability make it a credible operation.
For everyone else, particularly traders whose edge lives in the perpetuals market, MyFundedPerps is the stronger fit.
Start Your MyFundedPerps Evaluation →
Frequently asked questions
Is Tradeify Crypto a real perpetuals platform?
No. Tradeify Crypto states its product is not perpetuals and not CFDs: it offers USD-margined crypto pairs mirroring spot liquidity from Binance, OKX, and Bybit through Gold-i, plus 30 tokenized stocks priced off Hyperliquid. With no perpetuals there are no funding rates; Tradeify instead charges a 0.04% commission per trade.
What leverage does each firm offer?
Tradeify offers 5:1 on BTC, ETH, and PAXG and 2:1 elsewhere, with Instant accounts at 2:1. At MyFundedPerps, BTC and ETH traded at 10x, SOL, BNB, and XRP at 8x, and most altcoins at 3x as of launch day in September 2026; these figures may have changed since.
What is the Tradeify 1-Step payout lock?
After your first payout on a 1-Step account, the static drawdown floor locks permanently, so drawdown room no longer expands as the account grows. The 2-Step track has no lock. MyFundedPerps uses a related mechanic: its static drawdown locks to the starting balance on your first funded withdrawal.
Who is behind each firm?
MyFundedPerps comes from the team behind My Funded Futures. Tradeify Crypto is run by the same team as Tradeify Futures, led by founder and CEO Brett Simberkoff, serving the US and UK.
Can US traders join MyFundedPerps?
Yes. The United States is not on the restricted list. The firm restricts 30 countries, including the Philippines, Vietnam, Taiwan, Ukraine, and Kenya, among others. Tradeify Crypto also serves US traders and the UK.
Which firm is better for altcoin traders?
MyFundedPerps, with 130 markets at launch and broad altcoin coverage on perpetuals running 24/7. Tradeify caps non-major pairs at 2:1 and prices crypto off mirrored spot liquidity, so active altcoin derivatives traders will find MyFundedPerps the closer match.