Perpify

Funded Trader Agreement

The program rules that apply to every Perpify Instant Account.

Last updated: October 2026

1. What you purchase

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.

2. Plans

  • $10,000 account — $350 — $400 static maximum drawdown (breach at $9,600)
  • $25,000 account — $850 — $1,000 static maximum drawdown (breach at $24,000)
  • $50,000 account — $1,500 — $2,000 static maximum drawdown (breach at $48,000)

3. Simulated trading

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.

4. Static drawdown and breach

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.

5. Trading commissions

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.

6. Profit split and payouts

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.

7. Requirements for a request

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.

8. Prohibited conduct

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.

Your next chapter

Our Capital. Your Profits.

No evaluation. One static rule. 90% of eligible profit is yours.