Head-to-head

MyFundedPerps vs The Funded Trader

MyFundedPerps vs The Funded Trader covers the two firms side by side on the facts recorded in their profiles, profiled by proprietarytrading.com.

Profit splits, evaluation fees, payout cadence, supported assets, and trading rules for MyFundedPerps and The Funded Trader. Data pulled live from our firm listings.

Quick verdict

MyFundedPerps is best for

traders who prefer Evaluation and a USA-based firm.

Full MyFundedPerps profile →

Quick verdict

The Funded Trader is best for

news traders; swing traders holding overnight.

Full The Funded Trader profile →

Cost to first payout

Cost to first payout

What it actually costs to reach payout — a normalized estimate built from each firm's lowest published evaluation cost, monthly fees, and first-payout window. Estimates, not guarantees. Each card shows the assumptions used.

MyFundedPerps is roughly $54 cheaper to reach a first payout than The Funded Trader, based on published fees alone.

MyFundedPerps

estimate

Approx. total

$5

to reach first payout eligibility

Approx. time

—

from sign-up to first eligible request

Start cost
$5
Monthly fee
—
How we estimated this
  • Evaluation path: lowest published one-time evaluation fee.
  • Source — eval fee: $36 ($5K) to $371 ($50K); monthly: —; first payout: —.

The Funded Trader

estimate

Approx. total

$59

to reach first payout eligibility

Approx. time

24days

from sign-up to first eligible request

Start cost
$59
Monthly fee
None
How we estimated this
  • Evaluation path: lowest published one-time evaluation fee.
  • Adds ~10 calendar days for evaluation completion (most firms require ≥5 minimum trading days).
  • Firm advertises no monthly fee.
  • Source — eval fee: $59–$1,599 one-time; monthly: No monthly fee; first payout: 14 days after first funded trade.

Decision guide

Best for your trader type

AttributeMyFundedPerps

Evaluation · est. 2026

The Funded Trader

Evaluation · est. 2021

Cost
Evaluation fee$36 ($5K) to $371 ($50K)$59–$1,599 one-time
Monthly fee—No monthly fee
Evaluation requiredYesYes
Instant funding—No
Capital
Profit split90%90%
Max allocation$5K–$50K (max $300K allocation)$600,000
Account sizes$5K–$50K (max $300K allocation)$5K–$400K (scalable to $1.5M)
Scaling—25% scaling every 4 months at 10% gain; up to $1.5M.
Payouts
Frequency—Bi-weekly
First payout—14 days after first funded trade
Assets
Futures—No
Stocks—Yes
Options—No
Forex—Yes
CryptoYesYes
Trading rules
News trading—Yes
Overnight holding—Yes
Weekend holding—Yes
Copy trading—No
Technology
PlatformsHyperliquid, Lighter, Binance, OstiumMetaTrader 4, MetaTrader 5, DXtrade, Match-Trader
Data feed—Eightcap / liquidity providers
Company
HeadquartersUSAFlorida, USA

About MyFundedPerps

Crypto perpetual-futures prop firm from the team behind My Funded Futures, with 1-step evaluations traded on Hyperliquid, Lighter, Binance and Ostium.

Full MyFundedPerps profile →

About The Funded Trader

Remote prop firm offering scaling plans for retail traders.

Full The Funded Trader profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

Reputation

—canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
—monitoring status
Last change
—
Type
—
Sources monitored
—
Status
No changes detected in monitored sources

Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.

Reputation

—canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
—monitoring status
Last change
—
Type
—
Sources monitored
—
Status
No changes detected in monitored sources

Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.

Frequently asked

Common questions

Which has a higher profit split — MyFundedPerps or The Funded Trader?
MyFundedPerps pays 90%; The Funded Trader pays 90% of trader profits once funded. Both firms offer the same profit share.
Is MyFundedPerps cheaper to start than The Funded Trader?
MyFundedPerps: evaluation from $36 ($5K) to $371 ($50K). The Funded Trader: evaluation from $59–$1,599 one-time.
Which pays out faster — MyFundedPerps or The Funded Trader?
MyFundedPerps payouts: not published. The Funded Trader payouts: Bi-weekly. First-payout eligibility: MyFundedPerps — n/a; The Funded Trader — 14 days after first funded trade.
What's the maximum allocation at MyFundedPerps vs The Funded Trader?
MyFundedPerps scales up to $5K–$50K (max $300K allocation). The Funded Trader scales up to $600,000.
Can I trade news at MyFundedPerps or The Funded Trader?
MyFundedPerps: policy unconfirmed. The Funded Trader: permits news trading.
Can I hold positions overnight at MyFundedPerps or The Funded Trader?
MyFundedPerps: policy unconfirmed. The Funded Trader: allows overnight holds.

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