Help & FAQ — Perps Fund

Getting started

What Perps Fund is and how to begin.

What is Perps Fund?

Is this real-money trading?

How do I get started?

Who can join?

Do I need trading experience?

Evaluation & challenges

Targets, sizes, and how the evaluation works.

What evaluation types are there?

What account sizes can I buy?

What's the profit target?

Is there a minimum number of trading days or a time limit?

What happens when I pass?

Can I try again if I breach?

Rules & breach

The loss limits, position caps, and what ends a phase.

What are the loss limits?

How does the daily loss limit work?

How does maximum drawdown work?

What counts as a breach?

Are there position limits?

What leverage can I use?

Funded accounts

What changes after you pass.

What is a funded account?

What's the profit split?

Do the same risk rules apply when funded?

Can a funded account be reset or revoked?

Payouts & withdrawals

Getting paid: thresholds, KYC, wallets.

How do payouts work?

What's the minimum payout?

When do I need to verify my identity (KYC)?

Which networks and asset can I withdraw to?

Why is my new wallet locked?

What's the high-water mark?

How often are payouts processed?

Is two-factor authentication required?

Trading terminal & markets

What you can trade and how fills work.

What can I trade?

Are fills real?

What are the trading fees?

Is there slippage?

Can I set a stop-loss or take-profit?

Billing, account & legal

Fees, support, data, and the legal basics.

Are evaluation fees refundable?

How do I contact support?

How is my data handled?

Is any of this financial advice?

What are the risks?

Still have questions?

Ask the team and other traders on Discord — that's the fastest way to reach us.

Join the Discord