We passed a MyFundedPerps Elite 25K in one trade. Here are the 7 rules the funded account runs on.

The short answer

On 21 October 2026 our Elite 25K Challenge at MyFundedPerps passed with a single closed trade (+$2,517.01 net, 10.07%), and the dashboard dated the identity check, the customer agreement and the funded account the same day. The result is a Funded 25K (FP-32968005), a Sim Funded Elite account started on 2026-10-21: simulated capital, 80% split, a fixed floor at $23,750 and a 7-day clock. In the same Accounts tab sits the Elite 50K Challenge we bought on 15 October 2026: Failed, $29.56 under its floor. Both are on the screenshots below. No payout has been requested yet, so this article is about the rules, not about money received — our MyFundedPerps review keeps the firm at 70.3/100 for that reason.

1. Three accounts, two outcomes

The Accounts tab on 22 October 2026 lists everything we have done at this firm. The Elite 50K (FP-56084746) bought on 15 October 2026: Failed, $-2,529.56 realised, balance $47,470.44 against a $47,500 floor. The Elite 25K (FP-46089538) started on 2026-10-19: Passed, +$2,517.01, balance $27,517.01, trading closed. And the Funded 25K (FP-32968005): $25,000, no fill yet. We publish the failure with the pass because that is what the account shows, and because the floor that killed the 50K is the same rule that now governs the funded account.

2. The evaluation: one XPL long

The 25K started on 2026-10-19 at $25,000. The equity curve went the wrong way first: $24,770.84 at the close of 20 October, $229.16 under the start, with $1,250 of room to the floor. Then one position: XPL-USD perpetual long, 321,116 XPL at an average 0.07783, about $24,992 of notional — roughly 1x on a $25,000 account, since the ticket offers 2x at most on this market. Closed at 0.08577 on 21 October at 18:34 UTC: +$2,517.01 net, 10.07% of the starting balance, against a $2,500 target. Costs on the line: $15.76 of commission, $16.89 of hourly swap paid while the position stayed open, $3.21 of slippage (0.0061%).

The pass banner reads “You Cleared the $25,000 Evaluation — Every evaluation requirement was met on Oct 21, 2026. Your funded account is open.” Four steps, four identical dates: Challenge Passed, Identity Verification, Customer Agreement, Funded Account, all 2026-10-21. We did not time each step; the dashboard only shows the day. The page also offers a “Bronze Case” for posting the pass on X before 29 October, and a shareable certificate — a generated image, not a proof of anything.

3. The funded account and its 7 rules

This is the Constraints panel of the Funded 25K on 22 October 2026, completed with the Elite docs page and the payouts page, both re-read the same morning. In our own words, with the firm’s sentences quoted where the wording matters.

1. Fixed floor at $23,750 — it never moves. Max drawdown $1,250 (5% of $25,000), measured on equity, open P&L included. The docs: “the same 5% static MLL and loss threshold, which does not move after a withdrawal.” Equity that reaches $23,750 fails the account and closes its positions. A payout deducts its gross amount from the balance, so it eats the room above the floor by the same amount while the floor stays put. Our 50K died exactly this way: $47,470.44 against a $47,500 floor, $29.56 too low.
2. No daily loss limit, no consistency rule, no minimum days, no target. Our account is the No DLL option: the Constraints panel shows no daily line at all. Elite has no consistency rule and no minimum trading days; a funded account has no profit target. What is left is the floor, inactivity and the news window.
3. 7-day inactivity: one executed trade every 7 days or the account closes. The panel reads “Trade by Oct 29, 3:54 AM” (our browser’s time, UTC+7) and “Any executed trade resets the 7-day window.” The docs pin it in code: 30 days in evaluation, 7 days funded, same for every plan. A placed-but-unfilled order, a cancellation or a liquidation does not count. This is the rule that closes the most funded accounts without anyone losing a trade.
4. High-impact news: a 10-minute lock-out that did not exist in the evaluation. Sim Funded only. More than 10 minutes before a release: trade normally, an open position can be held through it. From 10 minutes to 2 minutes before: no new exposure in the affected market (no opening, adding or reversing). From 2 minutes before to 2 minutes after: no manual trade of any kind. Events: everything red-folder on the calendar — FOMC, CPI, PPI, NFP, GDP, retail sales, employment reports, PCE, ECB/BOE/BOJ decisions — plus earnings for stock perpetuals. “Profit from trades that break the restriction can be excluded during payout review.”
5. Elite leverage and a $1,000,000 total exposure cap. NAS100 and SP500 up to 40x, US30 25x, gold 20x, oil 10x; the account’s total open notional is capped at 40x its starting balance — $1,000,000 on this account. Every other market keeps its normal maximum (XPL 2x in our case, BTC and ETH 10x). 15 open positions at most (“0 / 15” on the panel).
6. Payouts: 80%, on demand from day one, $250 gross minimum, one request at a time. The panel: “Daily · First Payout: Day one · Minimum Payout: $250 before split ($200 to you) · No daily request limit. Each new request waits until the previous one is decided, and submitted requests cannot be cancelled.” Before requesting: every position closed, resting orders cancelled, the gross minimum available in the cycle. Trading is locked while a request is reviewed. Profit left in the account when a payout is approved becomes a buffer you can never withdraw. Money goes through Rise (an invitation e-mail; the address cannot be changed afterwards), or as store credit with a +10% boost. Lifetime cap: $100,000 of payouts per user, after the split. New in the app’s own payout terms: “Reviews normally complete within two business days” — the docs still give no delay.
7. Platform rules: no account sharing, no VPN, no cross-hedging, no external copy trading. From the Terms and the firm’s blog: no sharing credentials or API keys, no third-party trading, no VPN or proxy location masking, no hedging between accounts (evaluation against funded included), no external copy trading or signal execution, no bots outside the documented public REST API, no HFT, spoofing, wash trading or “evaluation gambling”. Capital and execution are simulated: “Sim Funded accounts use simulated capital and simulated execution, like every funded account.” There is no Live stage on Elite.

4. The payouts tab, before any request

Available Payout: $0.00 — “Your 80% share of $0.00 in cycle profit.” Step one is Rise: you enter the e-mail you want paid to, Rise sends an invitation, and the app warns that the address “cannot be changed here afterwards”. Step two is the request form, locked until Rise is connected, with a slider to take part of the payout as store credit at +10%. The expanded Payout Terms repeat the panel and add the one sentence the docs never gave: “Every payout is reviewed before it is paid. Reviews normally complete within two business days.” We will measure that when we request one.

5. What we know and what we do not

• Known. The three account states, the trade that passed the 25K, the funded rules as displayed and as documented, the payout terms as displayed. All read on 22 October 2026, screenshots above.
• Not published. The prices paid for the 50K and the 25K: we have not opened Purchase History, so no figure here. List prices are on the Elite docs page.
• Not tested. Any payout — delay, currency, the Rise flow, whether the net is exactly 80%. Nothing has been received. Our review and Trust Score keep MyFundedPerps untested on money out until a payout is readable.
• Not explained. Why the 50K failed, beyond the number: its trade history is still unopened. We will add it.

6. FAQ

Want to try it?

If you want the same Elite rules — static floor, no consistency, no minimum days, boosted leverage on indices, gold and oil — you can open MyFundedPerps through us. The code ROYA gives −25% at checkout (read 17 October 2026); the firm sometimes runs a public code worth comparing, so take the lower price. Step by step: the MyFundedPerps promo code page.

18+ only. A prop firm evaluation can lose you the full fee you paid, and a passed evaluation is no promise of profit or of payouts. MyFundedPerps accounts are simulated. Nothing here is investment advice. Sources: our own dashboard on myfundedperpetuals.com (screenshots and reads, 22 October 2026), docs.myfundedperpetuals.com/guides/elite-accounts and …/challenge-lifecycle/payouts, both read the same day.