MyFundedPerps Challenges
MyFundedPerps runs 1 Step challenges with absolute equity drawdown. Account sizes range from $5K to $100K, with evaluation fees from $40–$889. Trading runs on MyFundedPerps Terminal.
MyFundedPerps challenge types and pricing
20 active MyFundedPerps challenges across 1 step tiers. Filter by account size and program type to find the right fit.
Challenges 20
| Account Size | Steps | Profit Target | Daily Loss | Max Loss | Profit Split | Payout Freq. | Rewards | Price |
|---|---|---|---|---|---|---|---|---|
$5KElite 3% Daily Limit | 1 Step | $500 | $150 | $250 | 80% | on-demand |  98 | |
$10KElite 3% Daily Limit | 1 Step | $1,000 | $300 | $500 | 80% | on-demand | 190 | |
$25KElite 3% Daily Limit | 1 Step | $2,500 | $750 | $1,250 | 80% | on-demand | 498 | |
$50KElite 3% Daily Limit | 1 Step | $5,000 | $1,500 | $2,500 | 80% | on-demand | 990 | |
$5KElite No Daily Limit | 1 Step | $500 | — | $250 | 80% | on-demand | 178 | |
$10KElite No Daily Limit | 1 Step | $1,000 | — | $500 | 80% | on-demand | 350 | |
$25KElite No Daily Limit | 1 Step | $2,500 | — | $1,250 | 80% | on-demand | 898 | |
$50KElite No Daily Limit | 1 Step | $5,000 | — | $2,500 | 80% | on-demand | 1,778 | |
$10KPrime | 1 Step | $1,200 | $300 | $500 | 80% | daily | 120 | |
$25KPrime | 1 Step | $3,000 | $750 | $1,250 | 80% | daily | 320 | |
$50KPrime | 1 Step | $6,000 | $1,500 | $2,500 | 80% | daily | 600 | |
$100KPrime | 1 Step | $12,000 | $3,000 | $5,000 | 80% | daily | 1,190 | |
$10KSelect | 1 Step | $900 | $300 | $300 | 80% | daily | 80 | |
$25KSelect | 1 Step | $2,250 | $750 | $750 | 80% | daily | 200 | |
$50KSelect | 1 Step | $4,500 | $1,500 | $1,500 | 80% | daily | 380 | |
$100KSelect | 1 Step | $9,000 | $3,000 | $3,000 | 80% | daily | 720 | |
$10KSignature | 1 Step | $1,000 | $300 | $600 | 80% | daily | 180 | |
$25KSignature | 1 Step | $2,500 | $750 | $1,500 | 80% | daily | 450 | |
$50KSignature Best Value | 1 Step | $5,000 | $1,500 | $3,000 | 80% | daily | 860 | |
$100KSignature | 1 Step | $10,000 | $3,000 | $6,000 | 80% | daily | 1,740 |
981904989901783508981,7781203206001,190802003807201804508601,740Key trading rules
The rules that shape every MyFundedPerps evaluation, condensed to one line per item.
Fee refund policy
MyFundedPerps does not refund the challenge fee. Treat the evaluation cost as a one-time purchase.
Why traders fail MyFundedPerps challenges
The most common failure causes are tied directly to MyFundedPerps's rule set — here are the ones to plan around before paying for an evaluation.
- 1
Breaching the absolute equity drawdown
MyFundedPerps measures drawdown on equity, so unrealized P&L counts against the limit while trades are open. Holding a losing position through normal volatility can trigger a breach even if it would have recovered.
Tip: Cap your risk per trade so a stop-out never approaches the daily or max loss line.
- 2
News trading violations
MyFundedPerps restricts news trading: Allowed during the evaluation. On funded accounts: no new exposure from 10 to 2 minutes before a high-impact release, and no manual trades from 2 minutes before to 2 minutes after. Company earnings count for stocks. A single trade open during the restricted window — even if it's profitable — can breach the rule.
Tip: Check the firm's stated window above against an economic calendar before every release. Don't rely on memory.
- 3
Running disallowed EAs or copy trading
MyFundedPerps restricts automation: Bots are allowed only through the documented API. HFT, latency arbitrage and quote stuffing are banned. Even a single forbidden bot trade can void the run.
Tip: Check the rule list before installing any tool that places trades for you. When unsure, trade manually until you've confirmed in writing.
Who MyFundedPerps fits
Good fit if you trade like this:
- Swing traders — positions can be held over the weekend.
- Traders who build profit unevenly — there is no consistency rule to penalize a standout day.
- Traders who prefer a single-phase evaluation over a longer 2-step process.
Look elsewhere if any of these apply:
- News-event traders — releases are off-limits or heavily restricted.
Want to see how real traders rate MyFundedPerps's rule set?
Read MyFundedPerps reviewsMyFundedPerps challenge FAQ
Quick answers to the questions traders ask before paying for a MyFundedPerps evaluation.
Still have questions?
See the full MyFundedPerps FAQ, rules, and payout policy on the main profile.