Funded Futures Network Launches FFN Perps: 24/7 Perpetuals Evaluations With Fixed Payouts and a Four-Payout Cap

What happened

Funded Futures Network (FFN), a futures prop firm, has launched a second brand called FFN Perps. It sells one-step evaluations on simulated perpetual contracts that trade 24 hours a day, seven days a week, including weekends.

The brand's X account @FFNPERPS posted "FFN Perps is live" on 17 October 2026 (14:47 UTC, 10:47 AM ET). Finance Magnates reported the launch on 20 October. The details below come from the FFN Perps website (rules and FAQ), checked on 20 October 2026. Checkout runs through FFN's existing app, and trading is on FFN's Nexus platform.

Markets

FFN Perps lists 134 perpetual markets in one account: 52 crypto, 58 stocks, 6 indices, 8 commodities and 10 forex pairs. The site says every market trades 24/7 under the same rules, and markets can be added or removed.

Leverage is set per market, up to:

• 100x on BTC and ETH
• 50x on forex, indices and gold
• 25x on other crypto, silver, oil and other commodities
• 10x on stocks and thinly traded crypto

Accounts use cross margin, and positions are liquidated at market if equity falls below maintenance margin. The trading fee is 0.01% per side (maker and taker). Funding payments are applied to the balance at each market's funding time, so they count toward the profit target, payout target and max loss.

The three plans

Prices are one-time fees with no activation fee. The evaluation has one step, with no consistency rule, no minimum trading days and no time limit. It passes as soon as closed trades take the balance to the target without touching max loss. On Core, max loss trails the highest end-of-day balance (the day ends at 00:00 UTC) and stops trailing at the cycle baseline. On Pro and Max, hitting the daily loss limit fails the account.

How payouts work

This is the part that's different from most prop firms. FFN Perps advertises a 100% profit split, but what you get paid is a fixed amount per target, not a share of your profit:

• Each funded cycle has a baseline (the account size on the first cycle). The payout target is 5% above the baseline.
• When the balance reaches the target, you get your plan's fixed payout. The balance left after the payout becomes the new baseline, and the next target and max loss reset from there.
• Example from the site (Core $50,000): the target is $52,500. The balance reaches $52,700 and $750 is paid. The new baseline is $51,950, the next target is $54,547.50, and max loss resets to $50,450, trailing up to $51,950.
• Payouts are on demand, one open request per account. Positions must be closed, and identity verification and the trader agreement are needed. Payouts are paid through Rise.

There are also caps:

• A funded account can take four payouts and then it closes.
• Each trader can receive up to $50,000 in lifetime payouts.
• Each trader can hold up to five funded accounts at a time. Evaluations are unlimited, and copy trading is allowed across up to five accounts.

What the numbers add up to

Using FFN Perps' published figures, the most a single funded account can pay out is four times its per-target amount:

Two things stand out. First, each target needs a 5% gain, but the fixed payout is smaller than that gain. On Core it works out to 2.5% of the account on the $10K size and 1% on the $100K size, so smaller accounts pay out a bigger share of each target. Second, the profit above each fixed payout stays in the account as the new baseline. The site doesn't describe any payment of the remaining balance when the account closes after its fourth payout.

Rules to know

• Short-hold trades: if more than 30% of the trades in a payout period are held for 5 seconds or less, the profit from the winning trades held 5 seconds or less is removed automatically after the payout. Losing trades stay. The site warns that this removal can breach the account, because the next target and max loss are based on the balance after the payout.
• Hedging opposite positions in the same or correlated markets is prohibited, within one account or across accounts. Account sharing and exploiting price errors are also prohibited.
• All accounts are simulated. "All evaluation and funded accounts are simulated," the site states. Prices are modeled on public data from third-party exchanges, and approved payouts are real payments.

The FFN Perps pages we checked don't list restricted countries. Check the firm's terms of use before buying if you're in the US or another country where restrictions may apply.

Context

Perpetuals on non-crypto assets are spreading in prop trading. Finance Magnates notes that My Funded Futures announced a multi-asset perpetuals brand in July (since renamed MyFundedPerps), and that Kraken added a 24/7 S&P 500 perpetual to its prop offering in August. On the regulated side, Kalshi has been offering perpetual futures in the US (our June report).

FFN Perps is the latest in a string of FFN product changes this month: an optional skip-the-eval path, the FFN Institution program and one-time Max pricing with no activation fee. In late September, when FFN announced it was acquiring PropEd Capital, it also said some payouts were running behind schedule (our report).

Funded Futures Network is listed in the ProprietaryTrading.com directory.