Everything About the Challenge.
111 answers across 14 categories. If it is not here, ask on Discord.
Getting Started
5 questionsMyFundedPerps is a simulated perpetual-futures trading platform. Choose an evaluation, meet its targets while following its risk rules, and complete the funding requirements to receive a simulated funded account. Eligible funded traders can request payouts under their account’s terms.
All evaluation and funded trading is simulated. Prices and order books come from real markets, but your orders do not execute on an exchange. Challenge fees buy access to an evaluation; they are not trading deposits. Approved cash payouts are real payments.
You must meet the age and residency requirements in the Terms of Use and provide accurate account information. Use one personal login; you can manage multiple eligible challenge accounts within it. Registration and checkout enforce the platform’s current country restrictions.
Open the challenge selector, choose an available plan and size, and review its evaluation rules, funded payout terms, and final price. Complete checkout, then select the issued account from your dashboard. If purchases are unavailable, follow the availability message shown in the app.
MyFundedPerps comes from the team behind My Funded Futures. Read the current Terms of Use and Trading Disclaimer for the operating entity and service terms.
Challenge Plans and Pricing
7 questionsSelect, Prime, Signature, and Elite are all 1-Step evaluations. Select, Prime, and Signature each offer $10,000, $25,000, $50,000, and $100,000 accounts. Elite offers $5,000, $10,000, $25,000, and $50,000 accounts, each available with a 3% daily loss limit (3% DLL) or with no daily loss limit (No DLL). Compare the profit target, static maximum drawdown, fee, and optional profit-split upgrade before choosing a plan.
Select, Prime, and Signature come in $10,000, $25,000, $50,000, and $100,000 sizes. Elite comes in $5,000, $10,000, $25,000, and $50,000 sizes.
The fee depends on the plan, account size, and any profit-split upgrade. Check the challenge selector for current prices and review the final checkout total before paying. Challenge fees are one-time charges, not trading deposits.
Checkout applies the PERPS offer automatically when available. Another eligible discount or affiliate code replaces it; codes do not stack. The final total includes the selected upgrade and confirmed discount.
Select has a 9% profit target and 3% static maximum drawdown. Prime has a 12% profit target and 5% static maximum drawdown. Signature has a 10% profit target and 6% static maximum drawdown.
All three have a 3% daily loss limit, no consistency rule, no minimum trading-day requirement, and no evaluation time limit. Percentages use starting balance. The profit target and loss limits use equity, including open-position profit or loss.
The standard funded profit split is 80% to you, with an optional 90/10 upgrade at checkout. Eligible Select, Prime, and Signature funded accounts can request one payout per New York calendar day.
Elite works differently: a 10% profit target, a 5% static maximum drawdown, a choice of a 3% daily loss limit or no daily loss limit, and no consistency rule. Elite's split is 80/20 with an optional 90/10 upgrade at checkout, and funded Elite accounts can request payouts anytime, with no daily limit.
No. Select, Prime, Signature, and Elite evaluations have no completion deadline or minimum trading-day requirement. Reach the profit target in equity, including open-position profit or loss, while staying within your plan's loss limits. An evaluation must still record an executed trade at least once every 30 consecutive calendar days. If 30 days pass without a trade, the evaluation fails under the 30-Day Inactivity Rule.
Active evaluations: You can hold up to $100,000 in active evaluations per plan type: Select, Prime, Signature, and Elite. Evaluation sizes add together within each plan, so two $50,000 Prime evaluations use Prime's full evaluation allowance. Exactly $100,000 is allowed. Funded accounts: You can hold up to $100,000 in funded accounts per plan type and $300,000 in total across all plan types. Evaluation and funded limits are separate. Having $100,000 funded in a plan doesn't stop you from holding up to $100,000 in active evaluations of that same plan. Limits use original account size, not account count or current equity.
Passed and failed evaluations stop counting toward the evaluation limit. If a purchase would take you over a plan's limit, checkout blocks it and shows your remaining room. Choose another plan with room, or wait until an existing evaluation passes or fails. A passed account that would exceed a funded limit enters Funding Review after identity verification and agreement completion. Review does not guarantee funding.
The Reduced Fee add-on cuts your commission and daily swap fee in half. It's available at checkout on Select, Prime, and Signature for 10% of the challenge fee after any discount code (not counting the 90/10 upgrade), with a $10 minimum. Elite accounts are not eligible.
Trading Rules
14 questionsThe platform offers crypto, stocks, commodities, indices, and forex markets. Open Markets to see the current instruments, source venues, and availability. Trading and balances are simulated, using real market data.
Crypto trades around the clock. Forex (EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF, and AUD/USD) is quoted by Veranta, and some indices, such as US30, by Ostium. These markets follow scheduled sessions, including a weekend close. Other instruments can also have scheduled closures; check the selected market before placing an order.
No. Fills, positions, and balances are simulated using real market data. No order is sent to an exchange to open a real position.
Commissions are execution fees charged on every fill, including entry and exit. Each fee uses the filled quantity multiplied by the execution price, not just the margin you put up. Partial fills are charged only on the quantity that fills.
The commission is 0.03% for crypto, 0.0025% for forex, and 0.005% for stocks, commodities, and indices. Maker and taker rates are the same. A $10,000 crypto entry costs $3, and a $10,000 exit costs another $3, for $6 total.
Leverage does not change the fee on an otherwise identical fill. Hourly swap fees are separate holding costs; see “What trading fees do I pay?” for the current schedule.
Select, Prime, and Signature accounts bought with the Reduced Fee add-on pay half the standard commission and swap rates. See "What is the Reduced Fee add-on?"
Elite accounts pay a reduced 0.001% commission on NAS100, SP500, Gold, and WTI oil, and a 0.01% daily swap on NAS100 and SP500. Other markets use the standard rates.
The order ticket shows the leverage available for the selected market. Market caps, personal leverage settings, account limits, available collateral, and existing exposure can further restrict an order. Review a rejection’s explanation before changing or resubmitting it.
You pay a commission on each fill and an hourly swap fee while a position remains open. Both long and short positions pay swap fees. The schedule below shows the current rates.
Each hourly swap charge uses the position’s notional at the applicable mark price and one twenty-fourth of the daily rate. Charges continue during scheduled market closures using the latest valid closing mark. A position closed before the next hourly charge does not pay that charge.
Venue funding rates shown in the terminal are informational. They do not change your balance or replace the fixed swap fee. Spread and slippage can also affect execution prices.
Select, Prime, and Signature accounts bought with the Reduced Fee add-on pay half the standard commission and swap rates. See "What is the Reduced Fee add-on?"
An exposure cap limits the combined open notional on a market across accounts in the same challenge-product and account-size group. Long and short exposure both count. An increase that would exceed the cap is rejected; reducing exposure remains allowed. Caps can differ by market, product, and account size.
Elite accounts work differently: their exposure caps apply to each account separately rather than across a group. See "What is the maximum exposure on Elite accounts?"
Yes, during the evaluation. There are no restrictions on opening, holding, or closing trades around news events while you are in the evaluation stage. On funded accounts, trading is restricted (not banned) around high-impact news releases — see "Is news trading allowed on funded?" for the specific windows.
No. Your MyFundedPerps account is personal to you. The individual who completes account registration and identity verification must be the person making the trading decisions and controlling the account. You may not: Give another person access to your account. Allow another person to place trades for you. Have a friend, family member, employee, mentor, signal provider, account manager, or third-party trader operate your account. Sell, rent, lease, lend, transfer, or otherwise provide your account to another person. Purchase or operate an account on behalf of another individual. Complete an Evaluation for another person. Pay someone to pass an Evaluation or trade a Funded Account for you. Participate in an account-passing or account-management service. MyFundedPerps may request additional verification when activity suggests that an account may be controlled by someone other than the verified trader.
Accounts should ordinarily be accessed from devices and networks controlled by the verified account holder. Using the same device to operate accounts belonging to multiple people may result in additional review and may be prohibited where it prevents MyFundedPerps from determining who actually controls an account. Traders may not intentionally disguise, manipulate, or falsify device, browser, network, or location information for the purpose of avoiding MyFundedPerps security, compliance, or risk controls.
VPNs, proxies, remote-access tools, anonymization services, location spoofing, and similar technologies 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 other than the actual trader. MyFundedPerps may restrict or review account access involving VPNs, hosting providers, datacenter IP addresses, residential proxies, remote desktops, virtual machines, or other infrastructure that obscures the true origin of account activity.
No. Account credentials must remain under the exclusive control of the verified account holder. Sharing usernames, passwords, authentication codes, sessions, API credentials, authentication tokens, or other account-access information is prohibited. You are responsible for maintaining the security of your account credentials.
Yes, on 24/7 markets, you can trade throughout the weekend and hold positions over the weekend. On 23/5 markets, weekend trading and holding are not allowed. All open positions are automatically closed 15 minutes before the market closes on Friday. You can resume trading when the market reopens.
No. An account can hold each instrument on one venue at a time. To trade it on a different venue, close the existing position first.
Yes. Each account can hold up to 15 open positions and 20 resting orders at once, and each order must be worth at least $10. Orders on one account must be at least half a second apart, with up to 30 orders per minute and 250 per hour. An order that breaks one of these limits is rejected, and the message says which limit applied.
Drawdown and Risk Limits
5 questionsSelect uses 3% static maximum drawdown, Prime uses 5%, and Signature uses 6%, all measured from starting balance. On a $100,000 account, the initial maximum loss floors are $97,000, $95,000, and $94,000 respectively. Elite uses a 5% static maximum drawdown; on Elite $5K, $10K, $25K, and $50K accounts, the floors are $4,750, $9,500, $23,750, and $47,500.
Loss limits use equity, including open-position profit or loss. Before the first funded withdrawal, reaching the maximum loss floor breaches the account. On Select, Prime, and Signature, the first withdrawal locks that floor permanently to starting balance; equity exactly at the locked floor is allowed, but falling below it breaches. On Elite, the floor never moves, no matter how many payouts you take.
All plans, including Elite, use static maximum drawdown. The initial maximum loss limit (MLL) is starting balance minus the plan’s drawdown allowance. It does not follow intraday or end-of-day profit highs.
For example, a $100,000 Prime account starts with a $95,000 MLL floor. Growing equity to $110,000 leaves that initial floor at $95,000. On the first funded withdrawal, the MLL floor becomes $100,000 permanently. Later withdrawals never move it. On Select, Prime, and Signature, the separate daily loss limit continues to apply. Elite is different: its MLL floor never moves, even after withdrawals. Elite accounts bought with the 3% DLL option also have a 3% daily loss limit, and No DLL Elite accounts have none.
Yes, on Select, Prime, and Signature, and on Elite accounts bought with the 3% DLL option, which have a 3% daily loss limit. Elite accounts bought with the No DLL option have no daily loss limit; their only loss rule is the static maximum loss limit. The dollar allowance is 3% of starting balance, measured from the account’s start-of-day equity, including open-position profit or loss.
The trading day resets at midnight New York time. On a $100,000 account, the daily allowance is $3,000. If start-of-day equity is $102,000, that day’s loss floor is $99,000. Reaching or falling below the daily loss floor fails the account. A new day does not reopen a failed account.
No DLL Elite accounts have no daily loss limit, so this reset doesn't apply to them.
A risk-rule breach can fail the account, close its positions, and cancel its outstanding orders. Trading stops on that account. Review the failure reason and account history, and contact support if you believe the result is incorrect.
At 12:00 a.m. (midnight) New York time, using America/New_York with daylight saving time. This is 04:00 UTC during Eastern Daylight Time and 05:00 UTC during Eastern Standard Time.
The new trading day’s equity, including open-position profit or loss, becomes the daily-loss reference. The dollar allowance remains 3% of starting balance. The reset does not change the maximum loss floor or restore a failed account.
Passing an Evaluation
4 questionsReach your plan's profit target in account equity, including open-position profit or loss, without breaching its loss limits. Select requires 9%, Prime 12%, Signature 10%, and Elite 10% of starting balance. Select, Prime, Signature, and 3% DLL Elite accounts must stay within both the daily loss and maximum loss limits; No DLL Elite accounts have only the maximum loss limit. There is no consistency rule or minimum trading-day requirement.
Keep every requirement clear until the dashboard records the account as Passed. When equity reaches the profit target, the evaluation passes automatically and its open positions are closed. You do not need to close positions yourself, and closing fees or slippage cannot undo the pass. A passed evaluation stops accepting new trades and shows the next funding step.
No. There is no consistency rule on any plan. Your profits can come from any number of trades or trading days, as long as you reach the Profit Target without breaching your plan's loss limits (No DLL Elite accounts have no Daily Loss Limit, only the Maximum Loss Limit).
No. There are no minimum trading days required during the evaluation. You can pass as soon as you reach the Profit Target, provided you have not breached the Daily Loss Limit or Maximum Loss Limit.
Follow the dashboard’s funding path: complete identity verification through Sumsub, then review and sign the customer agreement. A current approved identity check can be reused across your accounts.
Eligible accounts receive a separate funded account. Some applications require Funding Review, including those that would exceed the allocation limits. Follow the status shown on the dashboard; do not repeat completed verification or signing steps. Confirm that the new account is Funded and Active before trading.
Funded Accounts
6 questionsNo. A funded account also uses simulated capital and simulated execution. Eligible profits can support a payout request under the funded account’s terms; an account balance is not itself cash available to withdraw.
A funded account has no further evaluation profit target or evaluation completion deadline. It still has risk rules, payout conditions, and the 7-Day Inactivity Rule: the funded account must record an executed trade at least once every 7 consecutive calendar days, or it may be closed. Review the account’s rules and agreement.
For Select, Prime, and Signature, requesting a payout requires at least $100 of available gross profit in the current cycle. There is no minimum trading-day count, qualifying-day requirement, or consistency gate for these plans.
For Elite, the minimum payout depends on account size: $50 on $5K, $100 on $10K, $250 on $25K, and $500 on $50K.
Yes. The trading rules continue to apply once your account is funded. You must continue to stay within all applicable risk limits and trading rules, including the Daily Loss Limit and Maximum Loss Limit (No DLL Elite accounts have no Daily Loss Limit, only the Maximum Loss Limit), to keep the funded account in good standing.
No. Keep your account personal and do not share credentials, sell access, or transfer it to someone else. Managing several challenge accounts through your own login is different from sharing a personal account.
No. A pending payout request locks trading on that funded account while the request is decided. Check the request status before resuming.
On funded accounts, trading is restricted around every "high-impact" (red-folder) news event, based on how close you are to the release: More than 10 minutes before the release: normal trading. If a position is already open at this point, it can be held straight through the announcement. 10 minutes before to 2 minutes before: no new exposure. No new positions, no adding to existing ones, no reversing, and nothing else that increases exposure in the affected market. 2 minutes before to 2 minutes after: no manual trades of any kind. If you want to be flat for the release, close or reduce your position before this window starts. Restricted events include FOMC decisions and statements, CPI, PPI, Non-Farm Payrolls (NFP), GDP, Retail Sales, Unemployment/Employment reports, PCE inflation, and rate decisions from the ECB, BOE, and BOJ, plus any other event classified as "High Impact"/red-folder on our economic calendar. For individual stocks and equity perpetuals, company earnings announcements are restricted too, whether they land before market open (BMO), after market close (AMC), or during the trading session.
Payouts and Profit Splits
10 questionsSelect, Prime, Signature, and Elite accounts are 80/20 by default: 80% of profit to you and 20% to MyFundedPerps. You can choose the 90/10 upgrade during checkout on any of them; it cannot be added to an existing account.
Each eligible Select, Prime, and Signature funded account can submit one payout request per New York calendar day. The allowance resets at midnight America/New_York, including daylight saving time. It is not a rolling 24-hour wait. Separate funded accounts each have their own allowance.
Elite is different: Elite accounts have no daily request limit and can request payouts anytime, so there's no daily allowance to use up or wait for. See "When can I request an Elite payout?" under Elite Accounts.
A pending request must finish and all eligibility gates must be clear before another request can be submitted. If a request is rejected, that day’s allowance is restored, so you can submit a new request right away once all eligibility gates are clear. Submitted requests cannot be cancelled. The daily window is a request allowance, not a promise of same-day payment.
Yes. For Select, Prime, and Signature, the minimum is $100 of gross profit before the split. That pays $80 to you with an 80/20 split or $90 with a 90/10 split. The request form accepts your net share and shows the gross amount deducted from the account before you confirm.
Elite minimums depend on account size: $50 on $5K, $100 on $10K, $250 on $25K, and $500 on $50K.
Yes. The $100,000 lifetime cap covers all payouts on your entire MyFundedPerps account combined, across every account and model type, including Select, Prime, Signature, and Elite. It counts the actual payout amount received after the profit split. Purchasing new accounts or resetting existing accounts does not reset it. Once your combined payouts reach $100,000, you have graduated from the MyFundedPerps funded trader program and can no longer purchase new accounts. Your active funded accounts are not closed: you can keep trading them and taking payouts from them, even if those payouts take your total above $100,000.
The lifetime cap is separate from the per-request rules: each account's minimum payout still applies to every request. Select, Prime, and Signature remain limited to one request per New York calendar day; Elite accounts can request anytime.
Cash payouts use the connected Rise account. Complete the invitation and onboarding in the Payouts panel, and check the email carefully. You can also take store credit or split the request between cash and credit.
Payout requests are manually reviewed. Review and delivery can take longer than the daily request window; submitting a request does not guarantee an immediate transfer. Track the decision and delivery status in Payout History.
Your funded account must be active, with no pending payout. Select, Prime, and Signature accounts also need their daily request allowance available; Elite accounts have no daily allowance. Close every position, cancel resting orders, and wait for working orders, including TWAP orders, to settle. You need at least the account's minimum payout in available profit for the current cycle: $100 gross on Select, Prime, and Signature, or the Elite minimum for your account size.
Select, Prime, and Signature have no minimum trading-day or qualifying-day requirement, consistency gate, or payout count cap. The $100,000 lifetime cap still applies across all accounts; see "Is there a lifetime payout limit?" The form shows the first unmet condition and checks eligibility again when you submit. Requests remain subject to review.
The full gross payout is deducted from the funded account and a new payout cycle begins. On Select, Prime, and Signature, profit retained below the new cycle baseline becomes a balance buffer rather than profit available for another withdrawal. On Elite, profit you leave in the account stays available for a later payout.
On Select, Prime, and Signature, the first withdrawal locks the maximum loss limit (MLL) floor permanently to starting balance. Later withdrawals never move it. Equity exactly at that locked floor is allowed; falling below it breaches. The 3% daily loss rule still applies. On Elite, the MLL floor stays where it started no matter how many payouts you take. The 3% daily loss rule still applies on 3% DLL Elite accounts, and No DLL Elite accounts have no daily loss rule.
For example, receiving $3,200 at an 80/20 split deducts $4,000 gross. Withdrawing all $4,000 of profit leaves no buffer above the locked MLL floor. Review Balance After Payout before confirming.
Select, Prime, and Signature payout allowances reset at 12:00 a.m. (midnight) New York time: 04:00 UTC during Eastern Daylight Time or 05:00 UTC during Eastern Standard Time. The Payouts panel shows your next window in local and Eastern time. Elite is different: there's no daily allowance to reset, so Elite payouts can be requested anytime.
Midnight renews the daily request allowance. It does not approve or pay an existing request, and a pending request must finish before you can submit another.
Yes. Choose 100% cash through Rise, 100% store credit, or a split between the two. The store-credit portion receives a 5% boost: converting $100 grants $105 in store credit when the payout is paid. In a split, the cash portion must be at least $1.
Store credit cannot be withdrawn as cash. The full requested amount still counts toward the payout-cycle deduction; the boost increases the credit you receive without increasing the gross amount deducted from the funded account.
Store credit expires 45 days after it is issued.
No. A withdrawal never counts as a daily loss. On plans with a daily loss limit, a payout first uses up any profit you made earlier in the same trading day. That withdrawn profit no longer adds room under the daily loss limit, so the daily loss floor never drops below where it started that day.
Elite Accounts
17 questionsElite accounts are 1-Step evaluations in $5,000, $10,000, $25,000, and $50,000 sizes. Reach the profit target without breaching the maximum loss limit to receive a Sim Funded account with the same rules. Elite accounts use a static maximum loss limit and no consistency rule, and payouts can be requested anytime. Every size comes in two options: 3% DLL, which adds a 3% daily loss limit at a lower price, or No DLL, which has no daily loss limit.
The profit target and loss limits use equity, including open-position profit or loss. When your equity reaches the profit target, the evaluation passes automatically and any open positions are closed. Closing fees or slippage cannot undo the pass.
Static. The maximum loss floor is your starting balance minus the MLL, and it doesn't trail your profits. On a $10K Elite account, the floor starts at $9,500. If your equity grows to $10,800, the floor stays at $9,500.
It depends on the option you buy. Every Elite size comes as 3% DLL or No DLL. A 3% DLL account has a daily loss limit of 3% of starting balance, measured from the day's starting equity, including open-position profit or loss. It applies in both the evaluation and Sim Funded, together with the static maximum loss limit. A No DLL account has no daily loss limit; its only loss rule is the static maximum loss limit. The option is part of the account you buy and cannot be changed after purchase.
No. Your profits can come from any number of trades or days, as long as you reach the profit target without breaching the maximum loss limit.
Exposure caps apply to each account separately. Each Elite account is also capped at 40x its starting balance in total open exposure across all markets. Other indices keep their normal leverage.
During the evaluation, yes. There are no news restrictions. On Funded Elite accounts, the high-impact news restriction applies. See "Is news trading allowed on funded?" for the specific windows.
You receive a Funded account. Follow the funding steps shown on your dashboard. Funded accounts have no profit target. You keep trading under the same risk rules and can request payouts.
The rules stay the same as the evaluation. You keep the same starting balance, the same static MLL, the same exposure caps, and the same daily loss limit option: a 3% daily loss limit on a 3% DLL account, or none on a No DLL account. There is still no consistency rule. Two things are added: the high-impact news restriction, and the 7-Day Inactivity Rule, under which a funded account must record an executed trade at least once every 7 consecutive calendar days or it may be closed.
Elite follows the same allocation limits as the other plans: up to $100,000 in active Elite evaluations and up to $100,000 in funded Elite accounts, which also count toward the $300,000 total funded limit. Account sizes add together across all Elite sizes and both the 3% DLL and No DLL options. Elite No DLL evaluations also have a separate purchase limit. See "Is there a purchase limit on Elite No DLL accounts?"
Yes. You can buy up to $250,000 in total Elite No DLL account size in any rolling 7-day (168-hour) period. All No DLL sizes share this one limit, and it's based on account size, not price or number of accounts. Each purchase counts for 7 days, then that room comes back on its own. There's no fixed weekly reset. Failed, reset, or deleted accounts still count until 7 days after purchase. Abandoned or failed payments don't count. If a purchase would go over the limit, checkout shows how much you've bought in the last 7 days, how much room you have left, and a countdown to when your selected purchase becomes available. Elite 3% DLL accounts aren't part of this limit and stay under their usual limits.
No. This is different from Select, Prime, and Signature, where the floor locks to starting balance on the first withdrawal. On Elite accounts, the MLL floor stays where it started, no matter how many payouts you take.
80% to you and 20% to MyFundedPerps, or 90% to you with the optional 90/10 upgrade. You choose the upgrade at checkout, and it cannot be added to an existing account.
Anytime, on demand, with no daily request limit. You can request all of your profits, subject to the minimum payout for your account size. Close every position and cancel working orders first; only one request can be pending at a time, and trading on the account is locked while a request is pending. Elite payouts count toward the $100,000 lifetime payout cap; see "Is there a lifetime payout limit?" Payouts are subject to plan terms, eligibility, and review.
No. Elite accounts have no Live promotion. Accounts remain Sim Funded.
Prohibited Trading Activity
17 questionsMyFundedPerps is designed to evaluate the trading ability and risk management of the individual who purchased and verified the account. Any activity intended to manipulate the evaluation, circumvent risk controls, exploit the platform, misrepresent the identity of the trader, or create risk materially different from ordinary discretionary trading is prohibited. Violations may result in trades being removed, profits being adjusted, payout requests being denied, accounts being breached or terminated, and, in serious or repeated cases, suspension or permanent restriction from MyFundedPerps.
Prohibited activity can lead to disqualification, removal of affected simulated gains, suspension, or termination. Funding and payout reviews can require additional information. Check the relevant notice and contact support about the decision; the Terms of Use and Trading Disclaimer govern enforcement.
The built-in Copy Trading settings let you create a lead-and-follower group from eligible active challenge accounts owned by your personal login. Followers undergo independent collateral and rule checks, so their fills and results can differ. Manual follower trading is locked while copying or stop cleanup is active. Account sharing and cross-account hedging remain prohibited.
No. Opening opposing or substantially offsetting positions across multiple accounts in order to reduce or eliminate economic risk is prohibited.
This includes cross hedging:
- Between two or more MyFundedPerps accounts.
- Between Evaluation and Funded Accounts.
- Between accounts belonging to different individuals.
- Between household members, friends, partners, employees, or affiliated traders.
- Through coordinated long/short positions where one account is expected to win as another loses.
- Across different account sizes, challenge types, or models when the positions are intended to offset one another.
- Through economically equivalent or highly correlated instruments when used primarily to circumvent this rule.
MyFundedPerps may evaluate the economic substance of the trades rather than only whether the exact same symbol was traded.
No. High-frequency trading strategies designed to generate unusually large numbers of orders, trades, modifications, or cancellations over very short periods of time are prohibited. This includes strategies intended to exploit execution speed, infrastructure differences, matching-engine behavior, price-feed delays, or similar technological advantages rather than directional market risk.
No. Trading based on delays or discrepancies between MyFundedPerps pricing and another exchange, broker, data provider, oracle, or price feed is prohibited. This includes trading stale prices or attempting to anticipate a MyFundedPerps price update using a faster external feed.
No. Traders may not intentionally trade prices they know or reasonably should know are stale, delayed, frozen, incorrect, mispriced, or otherwise erroneous.
No. Any strategy intended to exploit order-processing delays, fill logic, slippage calculations, liquidation logic, mark-price calculations, spread calculations, or other execution-system behavior is prohibited.
No. Submitting, modifying, or cancelling excessive numbers of orders for the purpose of stressing the system, obtaining an execution advantage, manipulating displayed liquidity, or otherwise exploiting platform infrastructure is prohibited.
No. Placing orders without a genuine intent to execute them, including orders intended to create a false appearance of supply, demand, liquidity, buying pressure, or selling pressure, is prohibited.
No. A trader may not intentionally or knowingly trade against themselves, directly or indirectly, or coordinate transactions that economically cancel one another for the purpose of generating volume, manipulating results, or satisfying account requirements.
No. Multiple traders may not coordinate trades, divide positions, mirror strategies, intentionally take opposing positions, or otherwise work together to manufacture passing accounts, protect funded accounts, guarantee payouts, or circumvent individual account risk.
No. Using one or more accounts as intentionally disposable accounts to protect, hedge, transfer risk to, or increase the expected return of another account is prohibited.
No. Traders may not repeatedly purchase or reset evaluations for the purpose of placing maximum-risk, all-or-nothing, or substantially binary trades in an attempt to pass through chance rather than consistent trading performance. This includes treating evaluation fees as “lottery tickets,” intentionally risking the account’s full allowable loss on one or a small number of positions, or repeatedly using the same high-risk strategy across new evaluations after prior failures. We may review activity across all accounts associated with a trader. Accounts exhibiting this behavior may be denied funding, breached, closed, or made ineligible for refunds, rewards, or payouts.
Strategies structured primarily to manufacture a nearly guaranteed outcome across accounts, platforms, instruments, markets, promotions, or platform rules may be prohibited when they defeat the purpose of evaluating genuine trading performance.
No. Taking advantage of software bugs, calculation errors, pricing errors, race conditions, API vulnerabilities, configuration mistakes, unintended platform behavior, or obvious loopholes is prohibited. If a trader discovers a potential platform error, the trader should report it rather than attempt to profit from it.
Automated trading must use the documented MyFundedPerps API. You must not attempt to access or call the internal APIs used by the website, including endpoints exposed through browser developer tools or browser network requests. The use of automation does not exempt a trader from any trading rule. Any algorithm, bot, Expert Advisor, API strategy, script, trading agent, or other automated system that engages in prohibited activity remains prohibited. Automation may not be used for HFT, latency arbitrage, quote stuffing, platform exploitation, cross-account coordination, risk-limit circumvention, or any other prohibited strategy. MyFundedPerps may impose additional limitations on automated strategies where they create excessive infrastructure usage or materially different execution behavior from ordinary trading.
Payments, Refunds, Crypto Payments, and Points
9 questionsCheckout supports card and cryptocurrency payment options when available. Complete payment through the secure provider interface and use only the methods shown for your order. Check the final total before submitting.
Card payments are unavailable when your billing country or region is one of the 92 listed below. If you are eligible to use MyFundedPerps, please pay with cryptocurrency using the options shown at checkout.
We’re working on supporting card payments in more countries soon. We’ll update this FAQ as support becomes available.
Card-payment restrictions are separate from the platform’s country restrictions. If your country or region is restricted from using MyFundedPerps, you cannot purchase a challenge with either card or cryptocurrency. See “Restricted Countries and Regions” in this FAQ.
A–G
- Afghanistan
- Albania
- Algeria
- Andorra
- Angola
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Belize
- Benin
- Botswana
- Brazil
- Brunei
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Central African Republic
- Chad
- China mainland
- Colombia
- Comoros
- Cuba
- Czechia (Czech Republic)
- Côte d’Ivoire (Ivory Coast)
- Democratic Republic of the Congo (DRC)
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Grenada
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
H–N
- Haiti
- Honduras
- India
- Indonesia
- Iran
- Iraq
- Israel
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Lebanon
- Lesotho
- Liberia
- Libya
- Lithuania
- Madagascar
- Malawi
- Malaysia
- Malta
- Mauritania
- Mauritius
- Mongolia
- Morocco
- Myanmar (Burma)
- Niger
- North Korea
- North Macedonia
O–Y
- Oman
- Pakistan
- Philippines
- Republic of the Congo
- Romania
- Russia
- Rwanda
- Saudi Arabia
- Syria
- Taiwan
- Thailand
- Timor-Leste (East Timor)
- Turkmenistan
- Türkiye (Turkey)
- Ukraine
- Venezuela
- Vietnam
- Yemen
This list can change. Contact support before purchasing if you are unsure which payment methods are available for your billing country.
Yes, when the crypto option is available at checkout. Follow the provider’s displayed payment, network, amount, and expiry instructions. Wait for confirmed payment; a submitted or partial payment does not by itself issue a challenge.
You may request a refund within 48 hours of purchase only if the challenge has had no trading activity, including placing trades, opening positions, or accessing market data, and the purchase meets the other Refund Policy conditions.
Eligible refunds are the amount paid minus a non-refundable $25 fee and are returned to the original payment method. Purchases already consumed, transferred, replaced, credited, or refunded are not eligible. The policy includes exceptions where required by applicable law.
Contact support with your full name, account email, challenge or order number, and reason for the request. Submitting a request does not guarantee approval.
Your evaluation account is issued after successful payment verification. Find it in the dashboard account switcher and check Purchase History for the order status. If payment is pending or its status is unavailable, check the existing order before attempting another payment.
Checkout applies the PERPS offer automatically when available. To use another eligible discount or affiliate code, replace PERPS and wait for the confirmed discount and updated total before paying. Only one code applies; discounts do not stack.
Affiliate commission requires the affiliate’s code on the purchase. Opening an affiliate’s referral link (myfundedperpetuals.com/@CODE) fills in their code at checkout for you; if you remove or replace it, the purchase is not credited to them. Correct or remove a rejected code before payment.
After your first purchase, discounts above 20% apply to up to 3 orders in any 90 days. This includes PERPS, other discount codes, and affiliate codes. Once you have used all 3, those codes give 20% off until the oldest of those orders is more than 90 days old. Codes that give 20% or less are not affected.
Payment methods must comply with MyFundedPerps' payment and verification requirements. You may not use stolen, unauthorized, fraudulently obtained, or improperly shared payment information. MyFundedPerps may request verification where the name of the cardholder or payment-account holder differs from the MyFundedPerps account holder. Payment methods may not be shared across accounts for the purpose of concealing common ownership, circumventing account restrictions, creating duplicate accounts, abusing promotions, or avoiding fraud controls.
Store credit is a balance on your account that you can use to buy new accounts. You can earn it through payouts or by opening reward cases. At checkout, your available store credit is applied toward the purchase price by default. You can turn off Use Store Credit to save it for later, or use the slider to apply a smaller amount.
Store Credit expires after 45 days.
FP Points are rewards points that can be redeemed for cases on the rewards page. Points are earned via account purchases, affiliate revenue, or special tasks.
FP Points expire after 90 days.
KYC and Account Verification
6 questionsIdentity verification is part of becoming funded after you pass your evaluation. Follow the dashboard’s funding path, then complete the customer agreement. Affiliates also verify their identity before their first affiliate payout. An existing approved identity check may be reused; do not create another personal login to repeat verification.
Sumsub provides the identity check. Submit identity documents through its secure verification flow, not in a support message. Follow the dashboard status if additional information is needed.
The service collects account and contact information and the identity, billing, and compliance information needed for its workflows. Payment and identity providers handle their secure submission flows. Read the Privacy Policy for the details of collection, use, sharing, and retention.
Yes. You must be at least 18 and meet the legal-age requirement in your jurisdiction. Identity verification checks eligibility.
Yes. The platform restricts participation from certain countries and checks eligibility during onboarding, checkout, and funding. Restrictions can change. Contact support before purchasing if you are unsure whether your country of residence is supported.
No. Identity verification is personal to the account holder. You may not: Allow another person to use your identification documents. Use another person's identification documents. Complete KYC or identity verification on behalf of another trader. Allow another person to complete verification for you. Create an account using another person's identity. Falsify your age, residence, nationality, identity, or other account information. Submit altered, forged, borrowed, stolen, or misleading documents. Create duplicate identities or accounts intended to circumvent restrictions. Identity sharing or identity misrepresentation may result in permanent account restrictions.
Platform and Technical Questions
5 questionsReference prices and order books use the source venue shown for each market. Sources include Hyperliquid, Binance, Bybit, Ostium, and Veranta; forex markets use Veranta.
Execution, positions, and balances remain simulated. Your orders are not sent to these venues to open real positions.
No. You can trade in a supported web browser. You can also use the app’s install instructions to add it to your device where supported; installation options depend on your browser and operating system.
Open Support and search the published FAQ under Before You Contact Us. If you still need help, choose Message Support. Choose View Conversations to return to your Intercom conversations, and sign in to associate the conversation with your account.
Include your account ID, order or purchase reference, approximate time, and any error or support reference. Never share passwords or authentication codes.
If chat cannot open, email [email protected]. Phone support is also available at +1 (302) 219-3280.
Read the Terms of Use, Privacy Policy, Trading Disclaimer, Refund Policy, and Affiliate Terms on the website. Review the applicable documents before purchasing or joining a program.
MyFundedPerps does not permit users located in, residing in, or otherwise accessing the platform from restricted countries or regions. Users may not use a VPN, proxy, remote desktop, third party, false address, or other method to conceal or misrepresent their location in order to bypass geographic restrictions.
The following countries and regions are currently restricted:
- Afghanistan
- Belarus
- Cambodia
- Central African Republic
- Cuba
- Democratic Republic of the Congo (DRC)
- Guinea
- Haiti
- Iran
- Iraq
- Kenya
- Libya
- Mali
- Myanmar
- North Korea
- Pakistan
- Philippines
- Puerto Rico
- Republic of the Congo
- Russia
- Somalia
- South Sudan
- Sudan
- Syria
- Taiwan
- Ukraine
- Uzbekistan
- Venezuela
- Vietnam
- U.S. Virgin Islands
- Yemen
New registrations from Morocco are also closed. Users whose profile already lists Morocco keep their access.
Rule: Users from restricted jurisdictions may not purchase challenges, open or operate accounts, trade, receive funding, or request payouts through MyFundedPerps. Attempting to circumvent these restrictions through VPNs, proxies, location spoofing, identity sharing, third-party accounts, payment methods belonging to others, or any other means is prohibited and may result in immediate account closure, forfeiture of eligibility for payouts, and permanent restriction from the platform.
This list currently contains 31 restricted countries and regionsrestricted countries and regions and may be updated at any time based on legal, regulatory, compliance, payment-provider, or risk requirements.
Affiliates and Promotions
3 questionsApply from the Affiliates page or join through a team invitation. Approved affiliates receive a code and dashboard for attributed challenge purchases, commission, reward tiers, and payout requests.
The rate shown on Share & Earn applies to attributed purchases. Reward tiers do not change commission rates, although the team can assign an individual rate. Commission becomes available after the refund hold; refunded or invalid sales can reverse it.
Affiliate payouts are separate from funded trader payouts. Check the affiliate Payouts tab for available commission and the applicable minimum, which is at least $100. Affiliate payout requests are approved on the last Friday of each month and paid through Rise. You must complete identity verification before your first affiliate payout.
A purchase earns affiliate commission only when the affiliate’s code is on the purchase at checkout. Opening an affiliate’s referral link fills in their code at checkout automatically, so you don't need to type it; if you remove or replace the code, the purchase is not credited to them. Only one checkout code can apply.
Referral-link attribution uses the most recent affiliate link within the window shown on Share & Earn. Partner links use a separate seven-day attribution window when attribution cookies are allowed; they do not apply a discount or change affiliate commission.
Read the current Affiliate Terms before promoting the platform. Prohibited advertising, self-referrals, fraud, and other program violations can invalidate commission or end participation. Ask support if a proposed promotion is unclear under those terms.
Free 1K and 2.5K Select Accounts
3 questionsAll payouts on the 1K and 2.5K Select accounts are paid in store credit at a 90% profit split.
The usual +5% store credit boost doesn't apply to these payouts, since they're store credit only and already come with a 90% split by default.
These accounts follow the same news trading rule as our other funded accounts. For full details, see "Is news trading allowed on funded?" in the Funded Accounts section.
Still have questions?
Contact our support team for help.