MyFundedPerpetuals Review (2026):
The New Perps Prop Firm From the MFFU Team — Rules, the $100K Payout Cap and the Fine Print
MyFundedPerpetuals (also called My Funded Perps or MyFundedPerps, and announced as "Funding Perpetuals") is a perpetual-futures prop firm from the team behind My Funded Futures. You pay a one-time fee from about $40, pass a single evaluation on simulated capital, and keep 80% of profit (90% with an upgrade) across 122 crypto, stock, index, forex and commodity perps. This MyFundedPerpetuals review draws on press releases, trackers, and a hands-on affiliate review that read the firm's docs on October 23, 2026. (The firm's own site blocked my automated request, so I couldn't read it directly.) The rules are trader-friendly: static drawdown, no consistency rule, no minimum days, no time limit. The honest catches are equally clear. Every account is simulated with no path to live capital, payouts stop at a $100,000 lifetime cap per trader, and on three of the four plans your first payout permanently locks your loss floor. It's also about seven weeks old, so there's little independent track record. India is not on the restricted list, but card payments aren't available there.
Quick Summary Box
Names: MyFundedPerpetuals, My Funded Perps, MyFundedPerps; announced July 2026 as Funding Perpetuals
Operator: Funding Perpetuals Holdings, Inc. (Delaware), d/b/a MyFundedPerpetuals; CEO Matthew Leech, COO Granger Davig
Launched: Payout requests opened September 11, 2026
Plans: 1-Step Select, Prime, Signature ($10K–$100K) and Elite ($5K–$50K)
Prices: About $40 to $965 one-time; no activation fee
Drawdown: Static (3–6%), never trails; no consistency rule on any plan
Split: 80% (90% with an upgrade about 20% of the plan price)
Payouts: Daily requests on Select/Prime/Signature, on demand on Elite; Rise cash or store credit
Biggest catches: Simulated only, $100,000 lifetime payout cap, payout lock on three plans
India: Not restricted; card payments unavailable, so crypto is the payment route
Table of Contents
What Is MyFundedPerpetuals?
My Funded Futures (MFFU) announced "Funding Perpetuals" on July 21, 2026, promising up to $500,000 in funding across crypto, stocks, forex, indices and commodities. The product that launched is branded MyFundedPerps and sold at myfundedperpetuals.com, with up to $300,000 funded per trader and a $100,000 largest account. The firm's own documents describe the platform as simulated: prices and order books come from real venues, but orders never reach an exchange, and it says it offers no pathway to live capital. It also says it is not a broker-dealer, futures commission merchant or investment adviser.
The same team previously built Funding Predicts, a prediction-market prop firm, and the homepage claims $250M+ in partner-firm payouts. That's the MFFU record, not this brand's. This MyFundedPerpetuals review treats the track record as seven weeks old.
Perps and 24/7 Trading in Brief
Perps are perpetual futures: derivatives with no expiry date, kept close to the underlying price by funding payments. Crypto perps trade 24/7. MyFundedPerps lets 24/7 markets be held all weekend, while 23/5 markets (stocks, indices, forex) close automatically 15 minutes before Friday's close. Holding costs are charged hourly: about 0.03% a day on crypto. Our Vest Markets review explains perps, funding and weekend gap risk in more depth.
The Four Plans Explained
All four are one-step evaluations with a static drawdown, no consistency rule, no minimum trading days and no time limit. The evaluation passes automatically when equity hits the target.
Plan | Target | Max drawdown (static) | Daily loss | Sizes | List price ($50K) |
|---|---|---|---|---|---|
Select | 9% | 3% | 3% | $10K–$100K | $190 |
Prime | 12% | 5% | 3% | $10K–$100K | $300 |
Signature | 10% | 6% | 3% | $10K–$100K | $419 |
Elite | 10% | 5% | 3% or none | $5K–$50K | $495 (3% DLL) / $965 (No DLL) |
Run the ratio before you buy. Select asks for 3× its drawdown, Prime 2.4×, Elite 2×, and Signature about 1.7×. Select is the cheapest, but its 3% drawdown equals its 3% daily limit, so a single bad day can end the account.
Elite adds boosted index leverage (40x on NAS100 and SP500, 25x on US30, 20x on gold), on-demand payouts, and a floor that never moves. Every size comes in a 3% daily-loss version or a pricier No DLL version, and you can't switch after buying.
Rules and Costs
Daily loss: 3% of starting balance, measured from start-of-day equity including open P&L, reset at midnight New York time. (Elite No DLL has none.)
Max drawdown: Static, calculated from the starting balance, never trailing.
Payout lock: On Select, Prime and Signature, your first funded withdrawal moves the floor to exactly your starting balance, permanently. Withdraw everything and you have zero buffer. Elite has no lock.
Inactivity: An evaluation must trade at least once every 30 days; a funded account once every 7 days.
Fees: Commissions on every fill (0.03% crypto, 0.0025% forex, 0.005% stocks, indices and commodities), hourly swaps, and a 0.1% liquidation fee. A $10,000 crypto round trip costs about $6 in commission.
News: Unrestricted in evaluations. On funded accounts, no new exposure from 10 minutes before major releases and no manual trades from 2 minutes before to 2 minutes after.
Banned: Hedging across accounts, HFT, latency arbitrage, spoofing, coordinated group trading, VPNs that hide your location, and "evaluation gambling" — buying challenges to risk the whole allowance on one or two all-or-nothing trades. Bots work only through the documented API.
Refunds: Within 48 hours, only if there was no trading activity, minus a $25 fee.
Allocation limits apply too: up to $300,000 funded in total, with $100,000 per plan type.
Payouts and the $100K Lifetime Cap
Select, Prime and Signature allow one payout request per New York day, with a $100 gross minimum. Elite is on demand, with a minimum of 1% of account size ($250 on a $25K). You must be flat, and every request is reviewed, with the account locked until it's decided. Requests between midnight and 9 a.m. Eastern can take a few extra hours. Payouts go to your Rise account in cash, or as store credit with a 10% boost that expires after 45 days and can't be withdrawn.
You keep 80%, or 90% with the checkout upgrade, which costs about 20% of the plan price ($50 more on a $249 Elite 25K). Identity verification through Sumsub comes after you pass, before the funded account is issued.
The cap is the headline catch. Each trader can receive at most $100,000 in total payouts across all accounts, counted after the split. Hit it and you can't buy new accounts, though active funded accounts keep trading and paying. Compare that with July's "up to $500,000" funding announcement: the practical ceiling is much lower. The affiliate reviewer who documented all this reports a $401.59 payout on October 19, 2026 from an Elite $25K. That's one small, self-interested data point, but it's proof the pipeline works.
Is MyFundedPerpetuals Legit?
What supports it: A named Delaware entity, named executives, a parent team with a large, long-running record (MFFU's Trustpilot score is about 4.9 across roughly 17,000+ reviews), published rules, and documented early payouts. The firm is candid that the accounts are simulated.
What's unproven:
Age. Payout requests opened September 11, 2026. A Launch Competition ran September 15–28, with 13,000+ traders reported by the firm.
Review data conflicts. The affiliate review cites Trustpilot at 4.7 from 208 reviews (October 23). The older fundingperpetuals.com Trustpilot profile shows 4.2 from 6 reviews, and PropFirmMatch's listing shows fewer than 10 reviews. Treat all as provisional.
Sources lean commercial. Several articles I found are paid press releases, and the most detailed review comes from an affiliate with a discount code. I excluded the code.
Parent record isn't automatic. As with other new brands from established firms, MFFU's reputation doesn't transfer to a new product's payout history.
None of this suggests a scam. It suggests a launch, and launches deserve small first purchases.
MyFundedPerps vs Vest Markets vs My Funded Futures
MyFundedPerps | Vest Markets | My Funded Futures | |
|---|---|---|---|
Market | 122 perps (crypto, stocks, indices, FX, commodities) | Perps on stocks, indices, FX, commodities, crypto | CME futures |
Capital | Simulated; no live path | "Virtual" per its disclosure | Simulated; live path for top traders |
Drawdown | Static 3–6% | Static | Plan-dependent |
Consistency rule | None | None reported | Plan-dependent |
Payout cap | $100K lifetime | None reported | Per plan |
Payout rail | Rise cash or store credit | USDC to wallet | Rise |
Trust data | 4.2–4.7, thin and provisional | No Trustpilot reviews found | ~4.9, 17,000+ reviews |
If you want a US-run team with a track record behind a perps product, MyFundedPerps fits. If you want crypto-native USDC withdrawals, Vest is the alternative. If you want a long record, MFFU itself is the better-evidenced option.
Can Indian Traders Use MyFundedPerpetuals?
Likely yes on eligibility. The firm restricts 30 countries and regions, including Pakistan, the Philippines, Vietnam and Kenya, and India is not on the list. But card payments aren't available in 92 countries, India among them, so Indian traders would need to pay in crypto. That's the friction point.
It matters for Tradzu's usual framing. Funding an offshore broker's margin account is explicitly prohibited for Indian residents under FEMA and the RBI's LRS rules, while prop evaluation fees for simulated programs sit in a different, more permissible category, as service payments. MyFundedPerps fits the second category: accounts are simulated and there's no live stage. But a fee paid in crypto doesn't travel the same bank or card route, and may raise separate questions about how you acquire and send the crypto, plus India's virtual digital asset tax and reporting rules. Ask a qualified CA how it applies before you pay. Check the RBI's public Alert List yourself, and confirm Rise payout availability for India. Tradzu isn't a legal or tax advisor.
Pros and Cons
Pros:
Static drawdown and no consistency rule on every plan
No minimum days, no time limit, instant auto-pass at target
122 markets, including stock and index perps, plus 24/7 crypto
Daily payout requests; on-demand on Elite
Low entry from about $40; no activation fee
Built by the MFFU team; accounts are plainly labeled simulated
Cons:
$100,000 lifetime payout cap per trader
No live-capital stage
First payout locks the loss floor on Select, Prime and Signature
Only about seven weeks old; review data thin and conflicting
Funded accounts must trade every 7 days
Card payments unavailable in India; store credit expires after 45 days
Detailed coverage mostly comes from affiliates and paid press releases
Final Verdict
This MyFundedPerpetuals review lands on cautious optimism. The rulebook is genuinely loose in the ways traders like, the team has a real reputation, and the firm is honest that accounts are simulated. But a $100,000 lifetime cap, a payout lock on three plans, and a track record measured in weeks mean it's a product to test, not to build a plan around. Buy the smallest account that fits your style, take your first payout early, and watch it land before scaling. Compare it with Tradzu's coverage of My Funded Futures and Vest Markets first.
Tradzu CTA Block
Comparing perps and futures prop firms before you buy? Browse Tradzu's reviews and head-to-head comparisons, and use code TZU when you register with a confirmed Tradzu partner to earn TZU Credits — redeemable for Amazon gift cards, Netflix, Hotstar, JioCinema subscriptions, and travel deals. Trade smart, get funded, and get rewarded — only on Tradzu.
(Note to Abhay: MyFundedPerpetuals is not a confirmed Tradzu partner — the confirmed list is E8 Markets, Funding Pips, FTMO, and Funded Trader Markets — so this CTA is generic and promises no TZU Credits. Be aware: the firm's site blocked my request, so every rule, price and the restricted-country list comes from an affiliate review that read the firm's docs on October 23, 2026, plus press releases and trackers. Please spot-check against the live site before publishing. The firm is built by the My Funded Futures team; MFFU is also not a Tradzu partner, so I found no conflict with a confirmed partner. I excluded the affiliate's discount code. Refresh in 30 days — the Trustpilot figures and the $300K/$500K funding claims are moving.)