MyFundedPerps Measured Firsthand | 3 Plans Are Rule-for-Rule Identical to Breakout Prop — the Difference Is Price and an Official API
※ This article reflects measurements taken from the official website, official documentation, and Trustpilot on September 23, 2026. It is not investment advice. Rules and prices change frequently — always confirm on the official site before buying.
I looked into MyFundedPerps, a crypto perpetuals (perpetual futures) prop firm. Almost immediately, something unexpected turned up.
The profit target, max DD, and daily loss on all three plans are identical to the three plans at Breakout Prop.
MyFundedPerps Select Target 9% / Max DD 3% / Daily 3%Breakout Prop Turbo Target 9% / Max DD 3% / Daily 3%
MyFundedPerps Prime Target 12% / Max DD 5% / Daily 3%Breakout Prop Pro Target 12% / Max DD 5% / Daily 3%
MyFundedPerps Signature Target 10% / Max DD 6% / Daily 3%Breakout Prop Classic Target 10% / Max DD 6% / Daily 3%All three plans match on all three numbers — target, max DD, and daily loss. This is hard to read as coincidence.
That leaves price, fees, and add-on features as the only things left to compare. And that's where the differences show up.
Conclusion: the short answer
| MyFundedPerps | Breakout Prop | |
|---|---|---|
| Operator | Funding Perpetuals Holdings, Inc. (MyFundedFutures family) | Payward Oceanic Ltd (Kraken group) |
| Track record | Trustpilot 4.7, 37 reviews (profile opened Sept. 2026) | Trustpilot 4.7, 1,096 reviews, $60M+ paid out |
| Fee, $100K | List $360 / $595 / $870 Sale $288 / $476 / $696 | $330 / $545 / $800 |
| Trading fee | Crypto: 0.03% one-way | 0.04% one-way |
| Swap | Crypto 0.03%/day (charged hourly) | 0.033%/day |
| Symbol count | 127 (crypto, stocks, FX, commodities, indices) | 63 (no gold) |
| Automated trading | Official REST API + sandbox | Not mentioned in rulebook |
| Execution | Fully simulated (never reaches a real exchange) | Similar disclosure |
| Japan | Not on the restricted-country list | Not on the restricted-country list |
Three key points.
- List price is a flat 9% markup over Breakout. All three plans, no exceptions, are +9% at list, and −13% only during the 20% sale. The cheapness comes from the sale — it's not a lasting edge
- There's an official REST API and sandbox. Breakout doesn't even mention an API in its rulebook. If you're running automated trading, this is the single biggest difference
- Track record is close to zero. 37 Trustpilot reviews, profile opened September 2026. No published payout data either
1. Who they are
What used to operate under the name Funding Perpetuals rebranded to MyFundedPerps in September 2026 and joined the MyFundedFutures family. The domain is myfundedperpetuals.com; the old fundingperpetuals.com now redirects here.
The operating entity is stated plainly in the official documentation.
The platform is operated by Funding Perpetuals Holdings, Inc., d/b/a MyFundedPerpetuals.
The parent brand, MyFundedFutures (MFFU), is a CME futures prop firm, and its Trustpilot is 4.9, 21,911 reviews (11,712 in the past 12 months, 95% five-star, 2% one-star) — very strong numbers on paper.
That number needs a caveat, though. The Trustpilot page shows both "Asks customers to review" (the company solicits reviews from customers) and "Hasn't replied to negative reviews." Invite-based reviews tend to skew positive, so it's safer not to take the 4.9 at face value.
Note also that this is a different brand from MyFundedFX (→ Seacrest, which disappeared in 2026). The names are similar, but the legal entities differ. This is laid out in the MyFundedFutures guide article.
MyFundedPerps' own track record
Trustpilot 4.7, 37 reviews, profile created September 2026. The reviews are mostly along the lines of "came over from MyFundedFutures" or "passed my first evaluation" — there's essentially no accumulated reporting on actual withdrawals yet.
The parent brand's track record belongs to the parent brand, not to this new product. It needs to be discounted accordingly.
2. Pricing (measured September 23, 2026, during the 20% sale)
One step only, 3 tiers × 4 sizes, 12 combinations total.
| Size | Select | Prime | Signature |
|---|---|---|---|
| $10,000 | $40 → $32 | $60 → $48 | $90 → $72 |
| $25,000 | $100 → $80 | $160 → $128 | $225 → $180 |
| $50,000 | $190 → $152 | $300 → $240 | $430 → $344 |
| $100,000 | $360 → $288 | $595 → $476 | $870 → $696 |
Left is list price, bold is sale price. A flat 20% OFF across every size.
There's also a perk: purchases of $100+ get a free MyFundedFutures $25,000 Rapid evaluation (the code arrives by email after purchase).
3. Rules
| Select | Prime | Signature | |
|---|---|---|---|
| Profit target | 9% | 12% | 10% |
| Max DD | 3% (static) | 5% (static) | 6% (static) |
| Daily loss | 3% | 3% | 3% |
| Consistency rule | None | None | None |
| Min. trading days | None | None | None |
| Deadline | None | None | None |
| Profit split | Up to 90% | Up to 90% | Up to 90% |
| Withdrawal | Daily | Daily | Daily |
Everything is measured against the starting balance, not current equity. Max DD is static, and doesn't follow intraday or end-of-day highs.
Maximum drawdown is static and does not follow intraday or end-of-day highs.
The daily loss limit resets at midnight New York time (04:00 UTC in summer, 05:00 UTC in winter). In Japan time, that's 13:00 in summer and 14:00 in winter.
Combined cap is $300K, $100K per model. If a pass would exceed this, the account is not automatically funded and instead enters a "Funding Review."
4. Looking at the per-unit cost of drawdown room
Ranked by the metric this site always uses — "fee per $1,000 of drawdown room" ($100K, sale price).
| Plan | Fee | DD room | Per $1,000 of room | Target ÷ max DD |
|---|---|---|---|---|
| Select | $288 | $3,000 | $96 | 3.00 |
| Prime | $476 | $5,000 | $95 | 2.40 |
| Signature | $696 | $6,000 | $116 | 1.67 |
Select and Prime have almost the same per-unit cost ($96 vs. $95); only Signature is 20% more expensive.
But look at target ÷ max DD and the picture changes. This number captures "how much you have to win relative to how much you're allowed to lose" — the smaller it is, the easier the plan is to pass.
- Select comes in at 3.00. You can only lose 3%, yet you need to make 9%. This is among the harshest plans covered on this site. And since the 3% max DD equals the 3% daily loss, it effectively gives you only one day's worth of room (Breakout Turbo has the exact same structure)
- Signature comes in at 1.67. That's on par with Breakout Classic, Moneta 1-Step, and The5ers High Stakes Classic (1.63)
In other words, Select is cheap per unit of room, but is likely a bad deal once you factor in pass rate. Buying it just because it's cheap is a good way to get burned.
5. Price comparison against Breakout Prop
Since the rules are identical, prices can be compared directly. Comparing at $100K:
| Rule | MFP list | MFP sale | Breakout | List diff | Sale diff |
|---|---|---|---|---|---|
| Target 9% / DD 3% | $360 | $288 | Turbo $330 | +9% | −13% |
| Target 12% / DD 5% | $595 | $476 | Pro $545 | +9% | −13% |
| Target 10% / DD 6% | $870 | $696 | Classic $800 | +9% | −13% |
All three plans, with no exceptions, list at +9% over Breakout, and at −13% during the sale. A match this clean is naturally read as pricing deliberately pegged to Breakout.
In other words, "cheaper than Breakout" only holds during the sale. Once the 20% OFF ends, the same rules cost 9% more. If you're making a purchase decision, compare list prices, not sale prices.
6. Fees and swap
This varies significantly by asset class. Maker and taker are charged at the same rate.
| Asset class | Fee (one-way) | Round trip | Swap (daily, charged hourly) |
|---|---|---|---|
| Crypto | 0.03% | 6 bp | 0.03% |
| FX | 0.0025% | 0.5 bp | 0.005% |
| Stocks / commodities / indices | 0.005% | 1 bp | 0.015% |
The official formula is fee = notional value of the fill × fee rate ÷ 100, and entry and exit are charged separately. Opening and closing $10,000 of crypto costs $3.00 + $3.00 = $6.00.
Swap is charged every hour. The daily rate is split into 24 parts, so a $10,000 crypto position costs $0.125 per hour ($10,000 × 0.03% ÷ 24). Holding for 24 hours is $3.00.
Comparison against Breakout Prop
- Fee: 0.03% vs. 0.04% → MyFundedPerps is 25% cheaper
- Swap: 0.03%/day vs. 0.033%/day → about the same
Compared to CFDs and futures, crypto is expensive
A round trip of 6 bp is an order of magnitude different from the other instruments covered on this site.
CME micro gold futures (MGC) round trip 0.68 bpFTMO CFD gold round trip 1.16 bpMyFundedPerps crypto round trip 6.00 bpThat said, this is a property of the crypto market itself. Given that real exchanges (Bybit, Binance, etc.) charge one-way taker fees of 0.05–0.055%, 0.03% is actually cheaper than the exchanges themselves. Make sure you're comparing against the right benchmark.
FX and commodities are a different story — the FX round trip of 0.5 bp is on par with FTMO's CFDs, and the commodities (GOLD) round trip of 1 bp is cheaper than FTMO's CFD gold at 1.16 bp. It's branded as a crypto prop firm, but it's effectively multi-asset.
7. Withdrawals: daily, with one trap
The conditions are fairly generous overall.
- Minimum $100 (based on total profit before the split)
- Once per day (resets at midnight New York time, calendar-day basis)
- No consistency rule, no minimum trading days, no withdrawal cap
- Paid via Rise
- All positions must be closed and pending orders canceled before requesting
- Trading is locked while a request is pending, and a manual review takes place
After your first withdrawal, the max-loss line locks to the starting balance
This is the single biggest thing to watch for. The official documentation states:
After the first withdrawal, the max loss limit becomes exactly the starting balance, permanently.
Here's a concrete example, for Signature $100K (max DD 6%).
Start Balance $100,000 Floor $94,000 Buffer $6,000Profit to $110,000 Balance $110,000 Floor $94,000 Buffer $16,000Withdraw $10,000 Balance $100,000 Floor $100,000 Buffer $0 ← Lose even a cent and you're outThe moment you withdraw, from then on, even one cent below breakeven is an instant fail.
The fix is simple: don't pull out all the profit. In the same situation, withdrawing only $4,000 leaves a balance of $106,000 and a floor of $100,000 — a $6,000 buffer remains.
This mechanism is identical to E8 Markets' E8 Pro (E8 Pro also permanently moves the static-DD line to the initial balance at the moment of your first withdrawal). Anyone who has dealt with E8 Pro will recognize this trap immediately.
8. Automated trading: the biggest differentiator
There's an official REST API. This is unusual for a prop firm — Breakout Prop's rulebook doesn't even mention an API.
The structure of the documentation shows how seriously it's been built:
Create API Key— issue, copy, and revoke credentialsQuickstart— creating an API key → fetching quotes → sending a market orderAuthentication— the authentication methodAPI Reference— the full v1 REST API specDevelopers GuideCopy Trading Guide— copy-trading groups under the same identity, leaders and followers, risk-multiplier settings
Keys carry permission levels; to place, modify, and cancel orders, you need to select "Read And Trade."
Having a sandbox matters a lot too. Test keys can only access sandbox accounts, while live keys access your challenge account. However, creating a test key requires a challenge purchase within the past 90 days.
For EA traders used to MT4/MT5, this is one of the rare prop firms where porting your strategy is actually realistic. Of course, MQL code won't run as-is — you'll need to rewrite a runner that hits the REST API.
9. Markets covered: 127 symbols
It's not just crypto. There are five categories: Crypto (Majors / Layer 1 / Layer 2 / DeFi / Meme / AI), Stocks, Commodities, FX, and Indices.
A sample of measured leverage and exposure caps:
| Symbol | Category | Max leverage | Exposure cap |
|---|---|---|---|
| BTC | Crypto · Majors | 10x | $1,000,000 |
| ETH | Crypto · Majors | 10x | $1,000,000 |
| EUR | FX | 50x | $1,000,000 |
| GOLD | Commodities | 10x | $1,000,000 |
| AAPL / AMD / AMZN | Stocks | 5x | $1,000,000 |
| ADA / AAVE | Crypto | 3x | $250,000 |
| ALGO / APT / AERO | Crypto | 2x | $100,000 |
Altcoin leverage is low, at 2–3x. The exposure cap applies to "combined position size across your own accounts for the same product and same size," and longs and shorts are added together, not netted. Orders that would exceed the cap are rejected, but reducing or closing a position is always allowed.
Caps vary by product tier and account size, so check the official Exposure Caps page before buying.
10. Execution is fully simulated
The official documentation states this plainly.
real market data with simulated accounts, orders, fills, positions, and balances
Orders placed on the trading screen never go out to an external exchange. Only the price is real; the account, orders, fills, positions, and balance are all simulated.
Hearing "crypto perpetuals prop firm" might make you picture on-chain or live-exchange connectivity, but that's not what this is. Breakout Prop makes a similar disclosure, so this is standard for the category. Still, keep in mind: there's no guarantee that slippage or order-book depth matches the real market.
11. Is it usable from Japan?
Japan is not on the restricted-country list. The official Eligibility section only excludes countries under comprehensive U.S. sanctions (Cuba, Iran, North Korea, Syria, Russia, Belarus) and persons on the OFAC SDN list.
There's no Japanese UI or Japanese-language support. Documentation and support are both English-only, and the community is on Discord.
12. Summary of weaknesses
| Weakness | Detail |
|---|---|
| Track record close to zero | 37 Trustpilot reviews, profile opened Sept. 2026. No published payout data |
| Cheapness depends on the sale | At list price, Prime and Signature are 9% more expensive than Breakout |
| Select's room is harsh | Target ÷ max DD of 3.00. Cheap but hard to pass |
| Buffer disappears after first withdrawal | The floor permanently locks to the starting balance. Not leaving profit in the account puts you in instant-fail territory |
| Fully simulated | Never reaches a real exchange. Order-book/slippage fidelity is unknown |
| Low altcoin leverage | 2–3x. Even 10x on BTC/ETH |
| Crypto fees | Round trip of 6 bp. Expensive by CFD/futures standards (cheap versus exchanges) |
13. Who is this for
Good fit
- Anyone who wants to run automated trading via a REST API. Almost no other prop firm offers an official API with a sandbox
- Anyone considering Breakout Prop who wants to buy the same rules cheaper during a sale
- Anyone who wants to trade non-crypto assets (GOLD, FX, stocks) in the same account
Bad fit
- Anyone who wants a firm with a proven track record. 37 reviews isn't enough to judge by
- Anyone who wants to run an MT4/MT5 EA as-is. Rewriting a runner is a prerequisite
- Anyone who wants to withdraw every bit of profit every time. The buffer disappears after the first withdrawal
This site's general position is that we don't actively recommend crypto prop firms overall — the room tends to be narrow, fees tend to be high, and many of these operators have short track records. MyFundedPerps is no exception, and the single most important point is not to read the parent brand's reputation as credibility for the new product.
That said, the official API and sandbox alone are a practical value that no other firm here offers. If you're looking for a place to port automated trading to, buying the $32 $10,000 Select plan as a trial to poke at the API is a reasonable way to use this.
FAQ
Q. Is MyFundedPerps the same company as MyFundedFX (Seacrest)?
No. The names are similar, but they're separate legal entities. MyFundedFX disappeared in 2026, but MyFundedFutures continues operating as a separate entity, and MyFundedPerps belongs to that family.
Q. How do I get the 90% profit split?
The official documentation only states "80/20 or 90/10" — the conditions for reaching 90% aren't specified. It isn't confirmed whether it's a purchase-time option or something earned through scaling. Check with support before buying.
Q. Is there a deadline?
No. There's no minimum trading days requirement or consistency rule either.
Q. What time (JST) does the daily loss limit reset?
It's midnight New York time, so 13:00 JST in summer and 14:00 JST in winter.
Q. Can I use MT4/MT5?
No. It's a proprietary web platform plus a REST API only.
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Written by
Hosono P | the prop firm strategist
I buy challenges with my own money and record everything through to the payout. Recorded payouts: ¥6.1M in total from Fintokei, Fundora and Funded7, plus $4,776 from The5ers (as of September 2026). Author of the semi-discretionary EA "ELDRA".