The program rules that apply to every Perpify Instant Account.
Last updated: October 2026
This summary reflects the rules the Perpify platform enforces today. It must be reviewed by qualified legal counsel for each operating jurisdiction and may be replaced by a full agreement.
An Instant Account is access to a simulated trading account for a one-time fee. The account size is simulated buying power, not money deposited or held for you. The account is issued automatically after the payment provider confirms your payment. There is no evaluation or challenge phase.
All orders are simulated by Perpify using Hyperliquid market data and the published execution rules. No order is sent to an exchange. Perpify may halt markets or trading in abnormal conditions.
Each account has a static maximum drawdown of 4% of its starting balance. It is measured on equity (balance plus open profit and loss), never trails profits and is not changed by payouts. If equity reaches or falls below the threshold, open positions are closed and the account is permanently disabled for trading. There is no daily loss limit and no consistency rule.
Entry and exit fills, including partial and losing closes, pay market-specific commissions. Supported equivalent markets use scaled NinjaTrader Free-plan standard-contract benchmarks; unmatched perpetuals use disclosed maker/taker notional fees. These are simulated charges, not actual exchange fees. There is no 3% profit fee. The Fees page publishes the applicable schedule.
Eligible net profit is realized PnL minus trading commissions, plus or minus funding and disclosed adjustments, minus profit already paid out or reserved. Unrealized profit is never eligible. You may request payouts daily, with no fixed payout cap, for any amount up to your eligible net profit; you receive 90% and Perpify retains 10%. The requested amount is deducted from the simulated balance when requested and returned if the request is rejected or canceled. Requests are reviewed; a payout is paid only after the transfer is confirmed. The minimum payout and processing timeframe are stated in the Payout Policy.
The account must be active, with no open positions or pending orders, and only one request may be in progress per account at a time. You are responsible for providing a correct wallet address and network.
Perpify may refuse payouts and close accounts involved in fraud, abuse of platform errors or price-feed faults, account sharing, or activity that breaches the Terms of Service.
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No evaluation. One static rule. 90% of eligible profit is yours.