MyFundedPerps Review 2026: Plans, Rules, Leverage & Payouts

Updated October 14, 2026

MyFundedPerps offers four one-step evaluation plans: Select, Prime, Signature and Elite. Its main appeal is static drawdown, no consistency requirement and access to indices, crypto and other markets through one terminal.

For futures traders, Elite adds several useful features: lower commissions on selected markets, boosted indices leverage and a drawdown floor that stays unchanged after payouts. You can also choose between a 3% daily loss limit and No DLL.

This breakdown covers each plan first, followed by customization, markets, leverage, NQ/ES sizing and funded payout rules.

What is MyFundedPerps?

MyFundedPerps, or MFFP, comes from the team behind MyFundedFutures. It offers prop evaluations on perpetual markets using its own trading terminal.

All four plans have one evaluation stage, no consistency rule, no minimum evaluation trading days and no completion deadline.

WITH CODE KAGE: Elite gets 35% off your first purchase and 30% off later purchases. Select, Prime and Signature get 30% off every purchase. The tables below show standard 80% profit-split pricing.

1. MyFundedPerps Select plan

Select has a 9% profit target, 3% static maximum drawdown and a 3% daily loss limit. The standard trader profit share is 80%, with a 90% upgrade available.

Select keeps the initial purchase cost low. It is a straightforward option for traders whose position sizing fits a smaller overall loss allowance.

2. MyFundedPerps Prime plan

Prime has a 12% profit target, 5% static maximum drawdown and a 3% daily loss limit. The standard trader profit share is 80%, with a 90% upgrade available.

Prime provides more overall drawdown room than Select. The daily limit stays at 3%, while the larger maximum allowance gives the strategy more room across multiple sessions.

3. MyFundedPerps Signature plan

Signature has a 10% profit target, 6% static maximum drawdown and a 3% daily loss limit. The standard trader profit share is 80%, with a 90% upgrade available.

Signature has the largest initial loss allowance of the four models. It also has a lower target than Prime, making it worth considering if overall drawdown room is your priority.

4. MyFundedPerps Elite plan

Elite has a 10% profit target and 5% static maximum drawdown. It is available with a 3% daily loss limit or No DLL, and an 80% or 90% profit split.

Its standout benefit is the post-payout floor: Elite retains its original maximum-loss threshold after withdrawals. It also offers on-demand payout requests and lower commissions on NAS100, SP500, gold and WTI.

The 3% DLL version keeps the entry cost lower. No DLL removes the daily threshold while retaining the same 5% maximum-loss allowance.

What can you customize?

The selected profit split and Elite daily-loss option are fixed at purchase. Removing DLL does not change Elite’s target, static drawdown or exposure limits.

For example, the $25K Elite account lists at $249 with 3% DLL or $449 with No DLL. With a 90% split, those listed totals become $299 and $539 respectively. Apply KAGE to the selected checkout total.

Which markets can you trade on MFFP?

MFFP lists 134 markets as of October 2026.

Gold now trades under XAU. The retiring GOLD market is reduce-only.

NAS100, SP500 and XAU trade around the clock. Forex pairs trade 24/5 (Sunday 17:00 to Friday 17:00 New York time). US30 trades 23/5 with a daily 17:00–18:00 break, and positions on 23/5 markets are closed automatically 15 minutes before Friday’s close.

How much leverage does MFFP offer?

Selected standard market limits are:

Elite adds boosted leverage on specific markets:

NAS100 and SP500 consume the same index-group allowance. WTI and Brent share the oil allowance. Elite’s combined exposure across all markets is capped at 40 times starting balance.

Other market caps and available margin can reduce the usable size further. On Select, Prime and Signature, matching accounts of the same model and size share per-market exposure capacity. Elite accounts have separate market caps.

The No DLL option does not increase these leverage or exposure ceilings.

NQ contract size vs MFFP position size

MFFP’s index-point markets use $1 per point per asset unit.

A 25-point stop on 20 NAS100 units represents $500 of price risk before execution costs. Using two units gives the same $2-per-point exposure as one MNQ, with $50 of price risk over that stop distance.

The terminal also supports whole mini and micro futures-equivalent inputs, converting them into perpetual quantity and rounding down to the supported increment.

The mapping matches dollar exposure. Price feeds, execution and account rules remain those of MFFP’s perpetual environment.

How does MyFundedPerps static drawdown work?

The initial loss floor does not trail equity highs on any model. The withdrawal treatment differs:

On Select, Prime and Signature, this is a one-time floor adjustment, not an intraday or end-of-day trailing model. Subsequent withdrawals do not move it again.

Loss limits include unrealized P&L and account costs. Before the withdrawal lock, touching the initial floor breaches. After the lock, equity exactly at the starting-balance floor is allowed; dropping below it breaches. Elite’s original floor remains inclusive throughout.

First withdrawal: Prime versus Elite

Consider two $50K funded accounts at $54,000 with no open positions. Each takes a $2,000 gross withdrawal at an 80% split.

Elite retains an additional $2,500 of drawdown room in this example, while paying the same amount to the trader.

Withdrawing all $4,000 of profit would return both accounts to $50,000. Prime would have no cushion above its locked floor; Elite would retain its original $2,500 allowance.

On an Elite account with 3% DLL, the daily limit still applies independently.

Retained profit becomes a buffer

Each approved payout starts a new cycle. Profit retained below the new cycle baseline becomes a balance buffer and cannot be withdrawn in later cycles.

This lets traders deliberately allocate part of their profits to a larger trading buffer. Future withdrawal eligibility is then measured against the new cycle baseline.

Daily loss limits: hard breach or soft breach?

MFFP’s daily loss limit is a hard breach. Reaching or falling below the daily equity floor fails the account. It is not a temporary trading pause, and the account does not reopen at the next daily reset.

This applies in both evaluation and funded stages on accounts with DLL.

On every model with DLL, the daily threshold is:

Start-of-day equity − 3% of original starting balance

The reset is midnight New York time, with daylight saving adjustments.

A $50K account starting the day at $52,000 has a $50,500 daily floor. Open P&L is included in the starting reference and in ongoing monitoring. Reaching the daily floor breaches, even when the account remains above its static floor.

For positions carried across the reset, that equity reference matters. An overnight winner can establish a higher daily floor without changing the original dollar allowance.

MyFundedPerps payouts: frequency and payment methods

Elite has no daily request limit. Another request becomes possible after the previous one finishes and eligibility is clear.

There is no minimum trading-day or consistency gate for these payouts. Requests require current-cycle profit, a flat account, settled orders and no pending request.

Trading is locked during payout review. Submitted requests cannot be cancelled. The Select, Prime and Signature allowance resets at midnight New York time; it is not a rolling 24-hour wait.

The schedule provides regular access to payout requests; approval and delivery follow the review process.

Payment method

Cash payouts use Rise, connected through the payout panel’s invitation and onboarding process.

You can also allocate some or all of the payout to store credit. That portion receives a 10% boost: $100 becomes $110 in purchasing credit. It cannot subsequently be withdrawn as cash.

The account deducts the gross profit allocated to the payout. Receiving $900 at a 90% split therefore deducts $1,000 from the account.

Lifetime payout policy

The FAQ describes graduation at $100,000 in combined net payouts: new purchases stop, while active funded accounts can continue trading and receiving payouts beyond the threshold.

The separate payout documentation uses stricter cap wording, so the treatment of existing accounts above that threshold still needs clarification.

Trading commissions and holding costs

Elite’s lower commissions are particularly relevant for traders taking repeated NAS100, SP500, gold or WTI entries. The standard fee schedule is:

Elite reduces commission to 0.001% per fill on NAS100, SP500, gold and WTI. Its NAS100/SP500 daily swap is 0.01%.

At a hypothetical NAS100 price of 30,000, one NQ-equivalent position has $600,000 notional. At unchanged entry and exit notional:

This excludes spread, slippage and swap.

Swap is charged hourly at one twenty-fourth of the daily rate. Both sides pay it. Changing leverage does not change commission on an otherwise identical position.

In this example, Elite reduces round-trip commission from $60 to $12. Combined with the unchanged post-payout floor, that gives active index traders two concrete features to factor into their account choice.

News trading rules

Evaluation news trading is permitted. Funded accounts, including both Elite variants, follow these windows around relevant high-impact releases:

The policy covers red-folder events such as CPI, NFP and FOMC, plus relevant company earnings on stock markets.

The same funded news windows apply to both Elite variants.

Copy trading and automation

Native copying is restricted to accounts under the same owner. Funded accounts can lead funded or evaluation followers; evaluation accounts cannot lead funded followers.

Follower risk and margin checks remain independent. A valid lead order does not guarantee an identical outcome across the group.

Automation must use the documented public REST API. HFT, latency arbitrage, cross-account hedging, coordinated hedging, account cycling and platform exploitation remain prohibited.

Funded allocation and inactivity rules

Active funded allocation is capped at $300K overall and $100K per model. Elite’s DLL and No DLL variants share the same model allowance.

The previous $200K lifetime Elite purchase-size limit has been removed. Purchases remain subject to per-order and rolling limits, while funded capacity stays capped.

Passed accounts exceeding available allocation enter Funding Review after verification and signing, with any approval remaining subject to the allocation limits.

Platform-wide inactivity rules apply to funded accounts, so check the current requirement in your account rules before leaving an account untouched.

Elite Cases included with purchase

One sealed case is added per purchased Elite account. Rewards follow published drop rates; the case does not guarantee another account or a cash payout. Included cases are separate from any extra promotional case.

MyFundedPerps discount code: KAGE

WITH CODE KAGE:

• Elite: 35% off your first purchase and 30% off later purchases.
• Select, Prime and Signature: 30% off every purchase.

The pricing tables apply MFFP’s whole-dollar rounding rule. Your selected account options determine the checkout total. Elite purchases include the case assigned to the account size and DLL option.

View MyFundedPerps plans with code KAGE