MyFundedPerps runs a 1-step Select challenge, and this is the entry-size, $10,000. It’s built by the team behind MyFundedFutures, and it works the same way as their futures product: pass the profit target without breaching either risk rule, and you’re funded. It’s crypto, stocks, commodities, indices and FX perpetuals though, not CME futures, and payouts run daily rather than on a set cycle.

Key Facts

• Profit target: $900 (9% of the account)
• Daily loss limit: 3% of account balance
• Max drawdown: 3%, static, doesn’t move as your balance grows
• No consistency rule
• Hedging is not allowed on this account
• One step only. Pass it and you’re funded at the same $10,000 size

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Part of the Select model line, capped at $100K total funded allocation for this model (up to $300K total across all MyFundedPerps models combined). Cross hedging and group/coordinated hedging are prohibited.

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Daily payouts available, no minimum trading days, $100 minimum payout amount. Same daily loss and drawdown rules as the Evaluation carry over.

Things to Remember

• The Select model line caps at $100K total funded allocation. MyFundedPerps allows up to $300K combined across all its models, so Select isn’t your only route to scale.
• Hedging is off the table, cross hedging and group or coordinated hedging across accounts are both explicitly prohibited.
• Breaching the daily loss limit or the max drawdown closes the account.
• Funded accounts get daily payouts with a $100 minimum, no minimum trading days required first.
• The Funded Account carries the same 3% daily loss and 3% static drawdown rules as the Evaluation.
• Profit split is advertised as up to 90%, the exact split you land on isn’t confirmed to be a flat number across the board, check your dashboard for your specific rate.

Want the full picture on MyFundedPerps? See the MyFundedPerps Overview for every plan and how this one compares.