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Bungee Exchange Bungee Exchange logoReview

6.5 out of 10

Static drawdown. No time limit. No scalping.

Simulated perpetuals · One-step challenge · Bungee terminal

Checked November 12, 2026 · Next review December 12, 2026

Cheapest account
$45
Turbo, $10K, one-time fee
Profit target
9% to 12%
Turbo 9%, Classic 10%, Pro 12%. Challenge only
Max drawdown
3% to 6%
Static. Turbo 3%, Pro 5%, Classic 6%
Profit split
80%
Same on every track, paid in USDC
Daily loss
3%
From settled balance at 00:00 UTC
Payout processing
1 day
Business day target, not a guarantee. Minimum $50 after split
OfferNo PropFirmReviews code for Bungee Exchange
Prices shown are the list prices on the Bungee Exchange site.

We may earn a commission if you buy through our link.

Rules that close accounts

Account failsPayout held or capped
Payout held

Scalping ban with no threshold

No limitpublished for scalping

Scalping, HFT and bots are banned on challenge and funded accounts, and Bungee publishes no hold time or trade count that counts as safe. Confirmed scalping means the payout request is denied, and a denial is final.

Account fails

Midnight reset can breach you

3%daily loss floor

The 3% daily floor is set from settled balance at 00:00 UTC and live equity is checked against it at once. An open loss held across midnight can breach the account at the reset.

Account fails

Static drawdown, hard breach

3% to 6%static max drawdown

The floor is the starting balance minus 6% (Classic), 5% (Pro) or 3% (Turbo), so a $10,000 Classic account has a $9,400 floor. A breach is hard, with no reset or grace period.

Payout capped

$20,000 daily payout allowance

$20,000gross per UTC day

Payouts are limited to $20,000 gross per trader per UTC day, shared across funded accounts. A rejected request is final and still uses that day's allowance.

Payout held

KYC before funded trading

Sumsub KYCID and selfie

KYC is required after passing, before funded trading and payouts, through Sumsub with a government ID and a selfie. Incomplete KYC can slow or deny a payout.

Is it for me?

Best for, avoid if

Best for

  • Manual perps traders who hold positions for hours or days, want a static drawdown and a $45 to $900 entry fee, and accept simulated funded accounts.

Avoid if

  • You scalp, use bots or an API, or need independent payout reports and a named operator before paying.

Scorecard

Score out of 10 · weight in overall
Rules25%6.5
Payout terms20%6.5
Cost & value25%7.0
Platform & execution20%6.0
Support5%5.0
Transparency5%6.5
Overall 6.5

Provisional score. Public-source assessment. Not hands-on. How we score firms

How we got this score

Methodology & calculation

Provisional editorial score 6.5/10 under our published methodology.
Checked November 12, 2026.

Platform & account allocation

Rules and Cost carry 25 percent each, Payout Terms and Platform 20 percent each, Support and Transparency 5 percent each.

Rules rationale

Rules 6.5: one step, no time limit, no consistency rule and a static drawdown help, but the scalping ban has no published threshold and a hard breach has no reset.

Score caps & conditions

Payout terms 6.5: 80% split, $50 minimum, claim at any time and a 1 business day target, offset by a $20,000 daily gross cap, broad discretion to deny payouts and final denials.

Cost & value rationale

Cost 7.0: $45 to $900 one-time fees, 1.5 basis point trading fee and no subscription, but funding is never credited back.

Platform & execution rationale

Platform 6.0: own terminal with 30 markets and real order book fills, but no API, no bots and simulated accounts.

Support rationale

Support 5.0 is a neutral midpoint: in-app chat, Discord and Telegram are listed, none were tested.

Transparency rationale

Transparency 6.5: a long plain-language rulebook and public prices, but no named operator for the program and the program terms were not read.

Evidence limits & unresolved questions

No sourced payout complaint was found, so no trust tier applies.

Trust

What the documents read show
Payout conduct
Clear
No payout conduct issues on record.
Named company
Not named
No named operator for the program. The Funded Perps Terms were not read.
Independent payout record
Not reconciled
Dashboard lists $428,432.02 paid out in total on November 12, 2026. Not matched to outside reports, and no Trustpilot or Reddit reports found.
Payout currency
USDC
Payouts in USDC, minimum $50 after the split.
Funded capital
Simulated
Both accounts are simulated. Bungee may hedge, net exposure or execute externally.

See the sources and review limits

Pick your path

Different plans. Different risk.

Published pricing.

Classic 1-step

One-step simulated challenge, 10% target, 6% static drawdown, 80% split on the funded account

Fees and limits

  • $90 for $10,000, $240 for $25,000, $450 for $50,000 and $900 for $100,000. One-time fee, no subscription, paid in USDC on Base.

Risk & eligibility

Rules
One-step simulated challenge: 10% profit target, 3% maximum daily loss and 6% static maximum drawdown.
Timing & activity
No time limit, no minimum trading days and no consistency rule.
Rules
Daily loss floor is set from settled balance at 00:00 UTC and checked against live equity. Hard breach: no reset or grace period. No profit target on the funded account, which keeps the same limits.

Payout schedule

Payout terms
80% of eligible profit goes to the trader, paid in USDC. Minimum payout is $50 after the split. Claiming profit resets the funded account to its starting balance. Daily gross payout allowance is $20,000 per trader per UTC day, shared across funded accounts. Bungee targets 1 business day to process a valid request, which is a target and not a guarantee. KYC is required before funded trading and payouts. A payout can be denied for confirmed bots, HFT or scalping, and a denied request is final. Funded accounts are simulated.

Pro 1-step

One-step simulated challenge, 12% target, 5% static drawdown, 80% split on the funded account

Fees and limits

  • $70 for $10,000, $165 for $25,000, $300 for $50,000 and $600 for $100,000. One-time fee, no subscription, paid in USDC on Base.

Risk & eligibility

Rules
One-step simulated challenge: 12% profit target, 3% maximum daily loss and 5% static maximum drawdown.
Timing & activity
No time limit, no minimum trading days and no consistency rule.
Rules
Daily loss floor is set from settled balance at 00:00 UTC and checked against live equity. Hard breach: no reset or grace period. No profit target on the funded account, which keeps the same limits.

Payout schedule

Payout terms
80% of eligible profit goes to the trader, paid in USDC. Minimum payout is $50 after the split. Claiming profit resets the funded account to its starting balance. Daily gross payout allowance is $20,000 per trader per UTC day, shared across funded accounts. Bungee targets 1 business day to process a valid request, which is a target and not a guarantee. KYC is required before funded trading and payouts. A payout can be denied for confirmed bots, HFT or scalping, and a denied request is final. Funded accounts are simulated.

Turbo 1-step

One-step simulated challenge, 9% target, 3% static drawdown, 80% split on the funded account

Fees and limits

  • $45 for $10,000, $100 for $25,000, $190 for $50,000 and $360 for $100,000. One-time fee, no subscription, paid in USDC on Base.

Risk & eligibility

Rules
One-step simulated challenge: 9% profit target, 3% maximum daily loss and 3% static maximum drawdown.
Timing & activity
No time limit, no minimum trading days and no consistency rule.
Rules
Daily loss floor is set from settled balance at 00:00 UTC and checked against live equity. Hard breach: no reset or grace period. No profit target on the funded account, which keeps the same limits.

Payout schedule

Payout terms
80% of eligible profit goes to the trader, paid in USDC. Minimum payout is $50 after the split. Claiming profit resets the funded account to its starting balance. Daily gross payout allowance is $20,000 per trader per UTC day, shared across funded accounts. Bungee targets 1 business day to process a valid request, which is a target and not a guarantee. KYC is required before funded trading and payouts. A payout can be denied for confirmed bots, HFT or scalping, and a denied request is final. Funded accounts are simulated.

Challenge rules

Bungee Funded Perps challenge rules

Tracks
Classic, Pro and Turbo, all one-step
Profit target
Classic 10%, Pro 12%, Turbo 9%
Maximum daily loss
3% on every track
Maximum drawdown
Classic 6%, Pro 5%, Turbo 3%, all static
Time limit
None
Minimum trading days
None
Consistency rule
None
Passing
Balance plus eligible unrealized P&L reaches the target without a breach; positions are closed automatically and a funded account of the same size opens
Payouts in the challenge
Not allowed; challenge profit is not withdrawable
Account limits per trader
$300,000 combined active challenge size and $110,000 combined active funded size

Is the drawdown trailing or static at Bungee Funded Perps?

Drawdown type
Static, measured from the original starting balance, so it does not move up with profits
Drawdown floor
Starting balance minus 6% (Classic), 5% (Pro) or 3% (Turbo)
Classic example
On a $10,000 Classic account the drawdown floor is $9,400
Daily loss floor
97% of the settled balance Bungee Exchange saves at 00:00 UTC. The 3% floor does not trail intraday gains or losses
What is checked
Live risk equity, not only closed trades. It includes unrealized P&L and pending funding
Reset check
The breach check also runs at the reset itself
Breach
Hard breach: positions may be force-closed, the account may be disabled, no reset or grace period

Midnight risk: A trader holding an open loss through midnight can be breached at the reset.

How do Bungee Funded Perps payouts work?

Profit split
80% trader, 20% Bungee, on every track
Minimum payout
$50 after the split
Payout asset
USDC
Claiming profit
Claims all eligible settled profit above the starting balance and resets the account to its starting balance and default limits
Daily allowance
$20,000 gross per trader per UTC day, shared across funded accounts; unused allowance does not carry over
Processing
Target of 1 business day for a valid request, not a guarantee
KYC
After passing, before funded trading and payouts; handled by Sumsub with a government ID and a selfie
Min trading days
None
Slower or denied
Incomplete KYC, compliance or abuse review, thin-market profits, confirmed bots, HFT or scalping
Rejected request
Bungee Exchange says a rejected payment request is final and does not restore the daily allowance it used

Example: A $10,000 Classic funded account with $25,000 of eligible profit credits $20,000 to the trader at the 80% split, then resets to $10,000 with a $9,400 drawdown floor.

What can you not do at Bungee Funded Perps?

Applies to
Bots, API trading, high-frequency trading and scalping are banned on challenge and funded accounts
Bots, APIs, automation
Banned; plain stop-loss and take-profit orders are fine
Scalping and HFT
Banned; judged on the trading pattern, with no published numeric limit. Bungee Exchange publishes no hold time, trade count or profit share below which rapid trading is acceptable
Copy trading
Banned, as is account sharing, unless Bungee approves
Hedging across accounts
Banned, including opposite positions in different but related markets and against other platforms
News trading
Allowed
Overnight and weekend holding
Allowed
Minimum holding time
None, but Bungee may apply a platform control below which profit is not credited
Restricted countries
Includes Russia, China, Iran, Venezuela and about 30 others; full list in the Bungee FAQ

Quick exits: Bungee Exchange says it judges the pattern. A single quick exit, such as a stop-loss set at entry, does not by itself count as scalping.

Unlisted conduct: Bungee Exchange also reserves the right to review conduct that is not listed in the rulebook if it looks designed to exploit the program.

Our verdict

6.5 / 10 · provisional

Bungee Exchange is a crypto exchange that runs Funded Perps, a one-step perpetuals prop program with challenges from $45, no time limit, no consistency rule and an 80% profit split. Bungee Exchange bans scalping and bots, and both account types are simulated. Provisional score 6.5/10; it suits manual traders who hold positions for hours or days.

Bungee Exchange is a crypto exchange that also runs Funded Perps, a one-step prop program for perpetual futures. You pay a one-time fee for a challenge, trade a simulated account in the Bungee terminal, and move to a funded account with an 80% profit split paid in USDC if you hit the target without breaking a rule. Bungee Exchange also sells swaps and a terminal, and this review covers only the Funded Perps program.

Bungee Exchange says challenge and funded accounts are both simulated. Bungee Exchange may simulate trades internally, hedge some or all exposure, net exposure across accounts or execute externally, and the trader never owns or controls Bungee capital. The terminal lists 30 perpetual markets across crypto, stocks, indices and commodities, all on isolated margin.

Bungee Exchange also lists Instant Accounts, which its dashboard shows as sold out on November 12, 2026. The prices and rules below describe the three challenge tracks only.

We read the Bungee Exchange rulebook, FAQ, challenge page, markets page and payout feed on November 12, 2026.

Our verdict

Bungee Exchange has one of the simpler rule sets among perpetuals prop programs: a one-step challenge with no time limit, no minimum trading days and no consistency rule, plus a static maximum drawdown of 3% to 6% that does not trail profits. Challenges cost $45 to $900 as a one-time fee, and the funded account has the same size and an 80% profit split.

The main risk is the scalping rule. Bungee Exchange bans scalping, HFT and bots on challenge and funded accounts and publishes no hold time or trade count that counts as safe, so Bungee decides from the pattern. The rulebook lists a payout period where a substantial share of profit comes from rapid trades as an example, and a denied payout request is final.

A less obvious point is the daily reset. Bungee Exchange sets the 3% daily floor from settled balance at 00:00 UTC and checks live equity against it at once, so an open loss held across midnight can breach the account at the reset. After each profit claim the funded account also goes back to its starting balance, so the drawdown buffer is 3% to 6% of the original size, not of the profits. Both accounts are simulated, and Bungee Exchange may hedge or net exposure behind them.

Bungee Exchange suits manual traders who hold positions for hours or days, want a static drawdown and a low entry fee, and accept simulated funded accounts. Bungee Exchange does not suit scalpers, bot or API users, or traders who need payout reports from outside the firm.

The Bungee Exchange dashboard lists $428,432.02 paid out in total on November 12, 2026. We could not match that figure to outside reports, because we found no Trustpilot or Reddit reports on Funded Perps payouts.

Overall, Bungee Exchange earns a provisional score of 6.5/10. Compare it with MyFundedPerps and Propr on the perpetuals prop firm list before paying, and read how we score in the methodology.

FAQ

Is Bungee Exchange a legit prop firm?
Bungee Exchange runs Funded Perps, a prop program with a published rulebook, public challenge prices and an 80% profit split paid in USDC. Its dashboard lists $428,432.02 paid out in total on November 12, 2026. PropFirmReviews did not test a payout and found no Trustpilot or Reddit reports on Funded Perps payouts. The accounts are simulated, and the program terms were not read.
Is Bungee Funded Perps real money or a demo?
Bungee Exchange says challenge and funded trading both use simulated accounts. The trader deposits no trading capital and owns no Bungee capital. Bungee Exchange may simulate trades, hedge, net exposure or execute externally, and results are set by the Bungee account ledger.
How much does a Bungee Funded Perps challenge cost?
Bungee Exchange charges a one-time fee from $45 for a $10,000 Turbo account to $900 for a $100,000 Classic account. Pro costs $70 to $600 and Classic $90 to $900. Fees are paid in USDC on Base.
Is the drawdown trailing at Bungee Funded Perps?
No. Bungee Exchange uses a static maximum drawdown measured from the starting balance: 6% on Classic, 5% on Pro and 3% on Turbo. The 3% daily loss floor is set from settled balance at 00:00 UTC and does not trail during the day.
Does Bungee Funded Perps allow scalping?
No. Bungee Exchange bans scalping, high-frequency trading and bots on challenge and funded accounts, and publishes no hold time or trade count that is safe. Bungee judges the trading pattern, and confirmed scalping means the payout request is denied.
How fast does Bungee Funded Perps pay out?
Bungee Exchange targets 1 business day to process a valid payout request, and says this is a target and not a guarantee. Incomplete KYC, compliance review, abuse review or thin-market profits can make it slower. The minimum payout is $50 after the split.
Do I need KYC at Bungee Funded Perps?
Yes, after passing the challenge. Bungee Exchange requires KYC before funded trading and payouts, handled by Sumsub with a government ID and a selfie. A trader does not need KYC to buy or trade a challenge.
Can I use bots or hold trades over the weekend at Bungee Funded Perps?
Bungee Exchange bans bots and API trading, but allows holding over the weekend and trading around news. Crypto markets run 24/7, and funding is charged hourly on open positions.
What happened to Bungee Instant Accounts?
Bungee Exchange shows Instant Accounts as sold out on its dashboard on November 12, 2026, with 7 markets listed: BTC, ETH, SOL, XRP, HYPE, BNB and gold. We could not read a price or rule schedule for them, so this review does not cover them.
More detail and sources

At a glance

Entry fee
$45
Turbo, $10K, one-time
Profit target
9% to 12%
Challenge only
Daily loss
3%
From settled balance at 00:00 UTC
Max drawdown
3% to 6%
Static, does not trail
Profit split
80%
Same on every track
Payout asset
USDC
Minimum $50 after split

7 pros, 6 cons

Pros

  • One-step challenge with no time limit and no minimum trading days
  • No consistency rule on the challenge or the funded account
  • Static maximum drawdown of 3% to 6% that does not trail profits
  • Challenges from $45 as a one-time fee, no subscription
  • No profit target on the funded account
  • News trading and holding over the weekend are allowed
  • Public payout feed on the dashboard listing recent payouts and a running total

Cons

  • Challenge and funded accounts are simulated, and Bungee may hedge or net exposure
  • Scalping, HFT and bots are banned with no published hold time or trade count
  • A denied payout request is final and still uses that day's payout allowance
  • Open losses carried across 00:00 UTC can breach the account at the daily reset
  • Funding is charged hourly and never credited back
  • No named operator for the program and no independent payout reports found

Why these alternatives

  • MyFundedPerps (6.5/10) Compare drawdown, consistency and payout mechanics for a perps challenge.
  • Propr (7.5/10) Compare execution model and payout terms for an on-chain perps firm.
  • E8 Perpetuals (6.7/10) Compare one-step perps tracks, static or trailing loss rules and payout request rules.
  • 10FOUR Perpetuals (7.2/10) Compare a static maximum loss with a consistency rule.

Check current terms before buying

PropFirmReviews has no code or affiliate deal with Bungee Exchange. This link goes straight to the Bungee Exchange Funded Perps page.

Visit Bungee Exchange

How much does a Bungee Funded Perps challenge cost?

Bungee Exchange charges a one-time fee per challenge, from $45 for a $10,000 Turbo account to $900 for a $100,000 Classic account. Fees are paid in USDC on Base. There is no subscription, and a trader who breaches an account buys a new challenge to continue.

Account sizeClassic / Pro / Turbo fee
$10,000$90 / $70 / $45
$25,000$240 / $165 / $100
$50,000$450 / $300 / $190
$100,000$900 / $600 / $360

Bungee Exchange charges trading fees of 1.5 basis points (0.015%) of executed notional on opening and again on closing, for maker and taker orders alike, so a $10,000 position costs about $3.00 to open and close. Funding is charged hourly on open notional, the minimum rate is 0%, and funding is never credited to the trader. Referral codes exist, but we have no code and did not test checkout.

Which markets can you trade at Bungee Funded Perps?

Bungee Exchange lists 30 perpetual markets: 19 crypto, 6 stocks, 2 indices and 3 commodities. All use isolated margin, and the maximum multiple of margin is fixed per market and the same on challenge and funded accounts. Bungee must approve each market before it can be traded, and it can cut position limits or remove a market in extreme conditions.

MarketClass, max multiple of margin, max position
S&P 500Indices, 20x, $1,000,000
Nasdaq 100 (XYZ100)Indices, 20x, $1,000,000
Bitcoin (BTC)Crypto, 10x, $1,000,000
GoldCommodities, 10x, $1,000,000
Ethereum (ETH)Crypto, 5x, $500,000
SilverCommodities, 5x, $500,000
Solana (SOL)Crypto, 3x, $250,000
XRPCrypto, 3x, $100,000
Hyperliquid (HYPE)Crypto, 3x, $250,000
BNBCrypto, 3x, $50,000
NEARCrypto, 3x, $250,000
Zcash (ZEC)Crypto, 3x, $250,000
Chainlink (LINK)Crypto, 2x, $20,000
Aave (AAVE)Crypto, 2x, $25,000
Litecoin (LTC)Crypto, 2x, $20,000
Cardano (ADA)Crypto, 2x, $20,000
Ethena (ENA)Crypto, 2x, $50,000
LITCrypto, 2x, $25,000
Bittensor (TAO)Crypto, 2x, $50,000
Pudgy Penguins (PENGU)Crypto, 2x, $50,000
Sui (SUI)Crypto, 2x, $50,000
Venice (VVV)Crypto, 2x, $25,000
Pump.fun (PUMP)Crypto, 2x, $50,000
Crude oilCommodities, 2x, $75,000
Apple (AAPL)Stocks, 2x, $25,000
Microsoft (MSFT)Stocks, 2x, $25,000
Alphabet (GOOGL)Stocks, 2x, $25,000
Amazon (AMZN)Stocks, 2x, $20,000
Nvidia (NVDA)Stocks, 2x, $50,000
Meta (META)Stocks, 2x, $20,000

Sources and review limits

Official pages describe Bungee Exchange rules and prices. They are not proof of payout reliability. Rules and prices can change. All pages were read on November 12, 2026.

Not verified: the legal operator of the program, the Funded Perps Terms, support quality, checkout, any payout and the Instant Account rules. The payout total comes from Bungee and was not reconciled by us.