Account plans and saved pricing

The rulebook includes $100,000 risk limits, but its paid price is absent from saved cards. Do not confuse the free $100,000 demo with a verified paid $100,000 offer. The demo cannot receive payouts or convert into a funded account.

Loss rules and static-floor example

One-step simulated evaluation: 10% closed-balance target, 3% daily loss and 6% initial static maximum drawdown. 40% largest-profit-day consistency; flat account and no pending orders to pass. No evaluation time limit. Limits include unrealized P&L; touching a limit breaches. Trading day resets 00:30 UTC. Full daily reference formula requires confirmation. Funded stage retains loss limits and consistency, without profit target; margin caps require confirmation.

On a $25,000 starting balance, 6% maximum loss means a $23,500 initial static floor; the daily allowance is $750. A profitable run does not make the initial static floor trail upward. However, saved extracts do not establish the full daily reference formula or the withdrawal treatment of the floor. Do not infer either from the word static. Open losses and trading charges still matter.

40% consistency is not a loss cap

The largest profitable day must not exceed 40% of total profit. A $1,000 best day therefore requires at least $2,500 total profit to satisfy that ratio. This is an arithmetic illustration, not a new firm rule. The requirement remains in the funded stage. The saved demo card shows three profitable days; complete paid-account profitable-day requirements need confirmation rather than treating demo wording as universal.

From evaluation to simulated funding

• Choose account size and profit share; pay one-time evaluation fee.
• Reach 110% of starting balance on closed balance, while observing loss and consistency rules.
• Close positions and cancel pending orders; pass is subject to review.
• Sign funded trader agreement and receive simulated funded account at the same starting balance.
• Funded stage has no evaluation target or timer; loss, consistency and margin requirements still apply.

Profit share and payout release ceilings

80% standard share; optional paid 90% share, upgrade fee unverified. Published release ceilings: first request 4%, second 5%, third onward 6% of starting size. These are not guaranteed payments or verified net cash figures. Payout minimum, cadence, rails, processing and split/ceiling ordering require confirmation. Funded capital is simulated; independent payouts not verified.

For a $25,000 account the published ceilings are $1,000, $1,250 and $1,500 for the first, second and third-or-later requests. Do not equate these with net cash received: split ordering and all payout conditions are not captured. No payout speed, provider or minimum is assumed.

Evaluation fee is not total trading cost

One-time evaluation fee is non-refundable after activation. Saved rules say no monthly, platform, data or withdrawal fees. Entry and exit executions, including partial fills, incur instrument-specific costs on filled notional value, not margin. Funding is charged separately and is not credited back. Inspect the order ticket and execution history for actual rates.

A $25,000 label provides $1,500 initial overall loss allowance, not $25,000 of freely riskable cash. Its saved $282 reference fee is 18.8% of that initial loss budget, before execution charges and funding. This is a reference-price comparison, not a current purchase recommendation.

Terminal and market coverage

Terminal runs in a browser with charts, orders and positions. Hyperliquid market data is not evidence of a trader-controlled on-chain wallet or live capital. No latency, fill quality, platform uptime, leverage levels, API, EA or copy-trading permissions were tested or established. The free demo can help evaluate workflow, but simulated demo performance does not verify paid-account payouts.

Inactivity, trading permissions and limits

Saved rules describe automatic closure after 60 consecutive days without an opened or closed trade. Accounts holding an open position or pending order are not closed for inactivity. Closed-inactive accounts cannot reopen or receive later payouts. No inactivity fee is charged. No per-trade loss cap is stated, but margin and instrument leverage limits still apply; absence of a per-trade loss cap does not mean unrestricted sizing.

Bot, EA, API, copy-trading and multiple-account permissions remain unverified. Country eligibility, KYC and legal terms require human review. Do not borrow permissions or restrictions from 10FOUR Futures.

Strengths and trade-offs

Strengths

• 6% static maximum loss rather than trailing drawdown
• One-step evaluation with no time limit
• Browser Terminal and free $100,000 simulation demo
• Public 3% daily loss, 10% target and 40% consistency framework

Trade-offs

• No independent perpetuals payout record verified
• 40% consistency persists after funding
• Payout release ceilings progress from 4% to 5% to 6% of starting size
• Execution fees and funding reduce profits; funding not credited back
• Incomplete saved payout and margin details; current checkout untested

Best for / avoid if

Best for

Patient manual perpetual traders who prefer static loss floors, accept 40% consistency and will verify payout terms before paying.

Avoid if

Traders needing verified payout history, no consistency requirement, live allocated capital or confirmed API/bot permission.

Methodology score: 6.0/10

Provisional score, approved October 25, 2026. Methodology v2.3 weights: rules 20%, payouts 20%, cost 20%, platform 15%, support 10%, transparency 15%. Raw weighted result 5.975, rounded 6.0. No commercial score adjustment.

• Challenge Rules: 7.0/10. Static overall floor and no time limit help planning; persistent consistency and missing full daily/margin detail prevent a high score.
• Payouts: 4.0/10. Published share and release ceilings provide structure; independent product-specific payout reliability is unverified.
• Cost: 7.0/10. Low saved entry reference fee and no recurring platform charges; checkout, upgrade fees and instrument charges remain uncertain.
• Platform: 6.0/10. Dedicated browser Terminal and free demo are documented; execution quality and operational reliability untested.
• Support: 5.0/10. No support channel, response time or resolution quality verified from saved extracts; neutral placeholder only.
• Transparency: 6.5/10. Headline pricing, risk limits, simulation and cost disclosures published; saved excerpts omit important payout and margin detail.

Payout cap of 6.5 applies because 12 months of verified product-specific payouts are not established; proposed payout score is already 4.0. Product age is unknown; no invented launch date. Proposed total stays below the first-year ceiling of 7.0 regardless. Eligibility/exclusion concerns remain unresolved; no rank is approved.

PFR code and commercial disclosure

Partner-supplied code PFR and /go/10-four are authorized for this candidate. PFR discount percentage is not verified. Public code 10FOUR and its saved 35% banner are separate evidence and do not establish any PFR percentage. Checkout was not tested. Shared /go/10-four destination must be checked for the perpetuals product before publication; it is not silently changed here.

<a href="/go/10-four" rel="nofollow noopener noreferrer">Check current partner offer</a>

Evidence and limitations

Saved official pages reviewed October 25, 2026. These extracts contain omissions, so this candidate does not claim a complete independently verified rulebook.

• Current checkout totals and PFR discount percentage not verified; public 10FOUR promotion is not evidence for PFR.
• Paid $100,000 price and all 90% upgrade prices absent from saved pricing extract; no invented prices.
• Full daily-loss reference formula and funded margin caps omitted from saved rules extract; 00:30 UTC reset alone does not establish reset baseline.
• Payout minimum, cadence, processing time, payment rails, KYC and country eligibility not established from saved excerpts.
• Whether release ceilings apply before or after profit split, withdrawal effect on loss floor, and complete profitable-day requirements need human confirmation.
• No independent perpetuals payout history, hands-on trading, support-response test or checkout test.
• Product launch date, legal operator and product-specific dispute terms not independently established.
• Bots, EAs, copy trading, API access, multi-account caps, leverage per instrument and numerical trading fee rates unverified.
• Saved rules include generic CME futures footer; ignored as evidence for perpetual instruments.
• Fresh automated browsing not attempted: task flags terms restriction; human-supplied full rulebook and checkout evidence needed.

<a href="https://10four.com/perpetuals" rel="nofollow noopener noreferrer">https://10four.com/perpetuals</a>

<a href="https://10four.com/perpetuals/rules" rel="nofollow noopener noreferrer">https://10four.com/perpetuals/rules</a>