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Perpify Review 2026

Simulated perpetuals · Perpify Terminal

Checked October 25, 2026
Next review November 24, 2026

Provisional score
5.3out of 10

Public-source assessment
Not hands-on

The short answer

Static floors. Conflicting terms need care.

Instant access and no funded consistency rule offer flexibility. Conflicting official evaluation terms and limited independent payout evidence prevent a stronger assessment.

See score & confidence limits ↓
Official site · Not checkout-tested

Check before buying.

Official direct link. No affiliate agreement or PFR code confirmed. Checkout not tested.

Check offer ↗
No confirmed affiliate entitlement or coupon. Direct official link. Check eligibility and final price.
01 / The scorecard

Where it earns its score.

Documented strengths, with confidence limits kept in view.

02 / Pick your path

Different plans. Different risk.

Published pricing. All plans remain available without JavaScript.

Instant $10,000

Simulated buying power, not live exchange capital

Other fees & limits

  • Official prices conflict: $299 on the pricing card versus $399 on other official Instant pages. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

Risk & eligibility

Other conditions
No evaluation target. 4% static equity loss floor; 3% daily loss default, optional paid removal. Daily reset 6:00 PM ET. Instant agreement says touching the floor permanently breaches; payouts do not move that floor.
Consistency
No funded consistency requirement.
Other conditions
Bots, EAs and hedging prohibited; copying only within published restrictions.

Payout schedule

Other payout terms
85% default; paid 95% option. Daily requests from 100 USD of eligible profit, no fixed cap under Instant agreement. Under-24-hour processing is company target, not guaranteed wallet receipt.

Instant $25,000

Simulated buying power, not live exchange capital

Other fees & limits

  • Official prices conflict: $599 on the pricing card versus $699 on other official Instant pages. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

Risk & eligibility

Other conditions
No evaluation target. 4% static equity loss floor; 3% daily loss default, optional paid removal. Daily reset 6:00 PM ET. Instant agreement says touching the floor permanently breaches; payouts do not move that floor.
Consistency
No funded consistency requirement.
Other conditions
Bots, EAs and hedging prohibited; copying only within published restrictions.

Payout schedule

Other payout terms
85% default; paid 95% option. Daily requests from 100 USD of eligible profit, no fixed cap under Instant agreement. Under-24-hour processing is company target, not guaranteed wallet receipt.

Instant $50,000

Simulated buying power, not live exchange capital

Other fees & limits

  • Official prices conflict: $1,199 on the pricing card versus $1,299 on other official Instant pages. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

Risk & eligibility

Other conditions
No evaluation target. 4% static equity loss floor; 3% daily loss default, optional paid removal. Daily reset 6:00 PM ET. Instant agreement says touching the floor permanently breaches; payouts do not move that floor.
Consistency
No funded consistency requirement.
Other conditions
Bots, EAs and hedging prohibited; copying only within published restrictions.

Payout schedule

Other payout terms
85% default; paid 95% option. Daily requests from 100 USD of eligible profit, no fixed cap under Instant agreement. Under-24-hour processing is company target, not guaranteed wallet receipt.

Evaluation $10,000

Simulated buying power, not live exchange capital

Other fees & limits

  • Official prices conflict: $69 on the pricing card versus $69.99 on the evaluation page. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

Risk & eligibility

Other conditions
10% net realized evaluation target; close positions to graduate to a fresh simulated funded account. Pricing comparison says 5% static loss and 80% funded share; evaluation page says 6% static loss and 90% share. 3% daily equity loss, including open losses and funding, resets 6:00 PM ET. Confirm purchased rules before trading.
Consistency
No funded consistency requirement.
Other conditions
Bots, EAs and hedging prohibited; copying only within published restrictions.

Payout schedule

Other payout terms
Evaluation gains cannot be withdrawn. Daily eligible requests after funding; funded share conflicts between 80% standard/up to 90% and 90%. Confirm before purchase.
Consistency
No funded consistency rule.
Other payout terms
Processing target is not payment proof.

Evaluation $25,000

Simulated buying power, not live exchange capital

Other fees & limits

  • Official prices conflict: $179 on the pricing card versus $139.99 on the evaluation page. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

Risk & eligibility

Other conditions
10% net realized evaluation target; close positions to graduate to a fresh simulated funded account. Pricing comparison says 5% static loss and 80% funded share; evaluation page says 6% static loss and 90% share. 3% daily equity loss, including open losses and funding, resets 6:00 PM ET. Confirm purchased rules before trading.
Consistency
No funded consistency requirement.
Other conditions
Bots, EAs and hedging prohibited; copying only within published restrictions.

Payout schedule

Other payout terms
Evaluation gains cannot be withdrawn. Daily eligible requests after funding; funded share conflicts between 80% standard/up to 90% and 90%. Confirm before purchase.
Consistency
No funded consistency rule.
Other payout terms
Processing target is not payment proof.

Evaluation $50,000

Simulated buying power, not live exchange capital

Other fees & limits

  • Official prices conflict: $359 on the pricing card versus $279.99 on the evaluation page. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

Risk & eligibility

Other conditions
10% net realized evaluation target; close positions to graduate to a fresh simulated funded account. Pricing comparison says 5% static loss and 80% funded share; evaluation page says 6% static loss and 90% share. 3% daily equity loss, including open losses and funding, resets 6:00 PM ET. Confirm purchased rules before trading.
Consistency
No funded consistency requirement.
Other conditions
Bots, EAs and hedging prohibited; copying only within published restrictions.

Payout schedule

Other payout terms
Evaluation gains cannot be withdrawn. Daily eligible requests after funding; funded share conflicts between 80% standard/up to 90% and 90%. Confirm before purchase.
Consistency
No funded consistency rule.
Other payout terms
Processing target is not payment proof.
03 / Know the boundaries

Read the risk, not just the price.

Complete published pricing and rules below. No plan hidden from initial HTML.

What is Perpify?

Perpify offers simulated perpetual trading across crypto, equities, indices, commodities and FX. Its own engine references Hyperliquid prices; orders are not executed on Hyperliquid. A funded balance is simulated buying power, not cash held in your name.

At a glance

  • Instant: $10K, $25K and $50K saved cards; 4% static maximum loss.
  • Evaluation: 10% realized target; conflicting 5%/6% overall loss and 80%/90% funded shares.
  • 3% daily loss default; Instant paid removal option.
  • No funded consistency rule; bots and hedging prohibited.

Verdict

Instant access and no funded consistency rule offer flexibility. Conflicting official evaluation terms and limited independent payout evidence prevent a stronger assessment.

This is a document-based review, not a trading or payout test. Confirm product terms in writing before paying.

Full reviewTrade-offs, questions & evidenceExpand full reviewCollapse full review

Account plans and pricing

Instant $10,000

Official prices conflict: $299 on the pricing card versus $399 on other official Instant pages. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

No evaluation target. 4% static equity loss floor; 3% daily loss default, optional paid removal. Daily reset 6:00 PM ET. Instant agreement says touching the floor permanently breaches; payouts do not move that floor. No funded consistency requirement. Bots, EAs and hedging prohibited; copying only within published restrictions.

85% default; paid 95% option. Daily requests from 100 USD of eligible profit, no fixed cap under Instant agreement. Under-24-hour processing is company target, not guaranteed wallet receipt.

Instant $25,000

Official prices conflict: $599 on the pricing card versus $699 on other official Instant pages. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

No evaluation target. 4% static equity loss floor; 3% daily loss default, optional paid removal. Daily reset 6:00 PM ET. Instant agreement says touching the floor permanently breaches; payouts do not move that floor. No funded consistency requirement. Bots, EAs and hedging prohibited; copying only within published restrictions.

85% default; paid 95% option. Daily requests from 100 USD of eligible profit, no fixed cap under Instant agreement. Under-24-hour processing is company target, not guaranteed wallet receipt.

Instant $50,000

Official prices conflict: $1,199 on the pricing card versus $1,299 on other official Instant pages. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

No evaluation target. 4% static equity loss floor; 3% daily loss default, optional paid removal. Daily reset 6:00 PM ET. Instant agreement says touching the floor permanently breaches; payouts do not move that floor. No funded consistency requirement. Bots, EAs and hedging prohibited; copying only within published restrictions.

85% default; paid 95% option. Daily requests from 100 USD of eligible profit, no fixed cap under Instant agreement. Under-24-hour processing is company target, not guaranteed wallet receipt.

Evaluation $10,000

Official prices conflict: $69 on the pricing card versus $69.99 on the evaluation page. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

10% net realized evaluation target; close positions to graduate to a fresh simulated funded account. Pricing comparison says 5% static loss and 80% funded share; evaluation page says 6% static loss and 90% share. 3% daily equity loss, including open losses and funding, resets 6:00 PM ET. Confirm purchased rules before trading. No funded consistency requirement. Bots, EAs and hedging prohibited; copying only within published restrictions.

Evaluation gains cannot be withdrawn. Daily eligible requests after funding; funded share conflicts between 80% standard/up to 90% and 90%. Confirm before purchase. No funded consistency rule. Processing target is not payment proof.

Evaluation $25,000

Official prices conflict: $179 on the pricing card versus $139.99 on the evaluation page. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

10% net realized evaluation target; close positions to graduate to a fresh simulated funded account. Pricing comparison says 5% static loss and 80% funded share; evaluation page says 6% static loss and 90% share. 3% daily equity loss, including open losses and funding, resets 6:00 PM ET. Confirm purchased rules before trading. No funded consistency requirement. Bots, EAs and hedging prohibited; copying only within published restrictions.

Evaluation gains cannot be withdrawn. Daily eligible requests after funding; funded share conflicts between 80% standard/up to 90% and 90%. Confirm before purchase. No funded consistency rule. Processing target is not payment proof.

Evaluation $50,000

Official prices conflict: $359 on the pricing card versus $279.99 on the evaluation page. One-time USD base fee. Not a verified checkout quote. Confirm current total before paying. Paid upgrades excluded.

10% net realized evaluation target; close positions to graduate to a fresh simulated funded account. Pricing comparison says 5% static loss and 80% funded share; evaluation page says 6% static loss and 90% share. 3% daily equity loss, including open losses and funding, resets 6:00 PM ET. Confirm purchased rules before trading. No funded consistency requirement. Bots, EAs and hedging prohibited; copying only within published restrictions.

Evaluation gains cannot be withdrawn. Daily eligible requests after funding; funded share conflicts between 80% standard/up to 90% and 90%. Confirm before purchase. No funded consistency rule. Processing target is not payment proof.

Static loss floors and daily resets

A $25,000 Instant account has a $1,000 maximum loss allowance and a $24,000 equity breach floor. Open losses count. If equity rises to $26,000, the floor remains $24,000 rather than trailing upward. A payout does not change the floor but removes equity cushion. Touching or falling below the floor permanently breaches the Instant account.

The 3% daily allowance on $25,000 is $750. This allowance does not establish the complete reset baseline formula. Daily resets are stated as 6:00 PM ET; do not assume a fixed UTC hour across daylight-saving changes.

Evaluation and funded stage

Reach 10% net realized profit and close positions to graduate. Evaluation gains do not pay out; the funded account starts fresh at original size. The dedicated evaluation page specifies 6% static drawdown and 90% funded split, while the pricing comparison specifies 5% and 80% standard/up to 90%. Those differences are material. Neither version should be treated as a settled purchase agreement without confirmation.

Profit shares and payout conditions

85% default; paid 95% option. Daily requests from 100 USD of eligible profit, no fixed cap under Instant agreement. Under-24-hour processing is company target, not guaranteed wallet receipt.

Daily requests are not automatic daily payments. Eligibility, verification, compliance review and network confirmation remain separate. No independent payment record has been established for this assessment. Full network, fee and minimum treatment after split need confirmation.

Account fees, commissions and funding

The help page states no commission on new fills. That does not establish zero all-in cost: funding adjustments, conversion charges, network costs and paid upgrades may apply. Instant 95% share and daily-loss removal are paid options; their prices are not established here. Saved promotional prices differ across official pages, so compare final checkout totals rather than banner discounts.

Perpify Terminal and simulated execution

Perpify describes a browser terminal using reference market data and order-book depth for simulated fills. The help page describes a selectable demo. This review has not tested fills, slippage, uptime or execution quality. Confirm instrument-specific leverage before purchase; a universal leverage limit is not established.

Trading permissions and account limits

Hedging, trading bots and EAs are prohibited. Copying is permitted only within the other restrictions; permission to copy is not blanket permission for an automated system. Terms specify one user per household and up to five funded or five Instant accounts, but the combined cap is ambiguous. Ask support before opening another account. News, weekend and inactivity conditions need product-specific confirmation.

Own Capital is a separate product

Own Capital uses real deposits with a separate simulated trading balance. Simulated gains do not increase withdrawable deposited funds. It is not exchange trading or an Instant funded account; the funded profit share should not be applied to it.

Strengths and trade-offs

Strengths

  • Static overall loss floors do not trail profits
  • No funded consistency rule
  • Instant access or evaluation route
  • Published daily payout requests

Trade-offs

  • Conflicting evaluation prices and risk terms across official pages
  • No independently established payout history
  • Bots, EAs and hedging prohibited
  • Instant upgrades cost extra; final checkout totals need confirmation

Best for / avoid if

Best for

Manual perpetual traders who accept simulated execution and obtain written confirmation of product-specific rules before paying.

Avoid if

Automated traders, hedgers and traders requiring a verified payout history or a fully reconciled rulebook.

Methodology assessment

Weighted methodology v2.3 assessment: Challenge Rules 20%, Payouts 20%, Cost 20%, Platform 15%, Support 10%, Transparency 15%. This is not proof of payout reliability.

  • Challenge Rules: 6.0/10. Static floors and no funded consistency help; conflicting evaluation limits and copy/bot boundaries reduce certainty.
  • Payouts: 4.0/10. Published shares and daily requests are useful, but independent payment history is not established.
  • Cost: 6.0/10. Low advertised evaluation entry; conflicting prices and unpriced Instant upgrades limit confidence.
  • Platform: 6.0/10. Documented browser terminal and reference data; execution quality and reliability not tested.
  • Support: 5.0/10. Published live chat; no response or resolution test. Neutral evidence-limited assessment.
  • Transparency: 4.5/10. Simulation disclosed clearly, but conflicting commercial/risk terms and unfinished legal drafting are material.

Official link and commercial disclosure

Official direct link. No affiliate agreement or PFR code confirmed. Checkout not tested.

View official account options

Sources and assessment scope

Official product pages, help documentation and terms reviewed October 25, 2026. This assessment does not include hands-on trading, support, checkout or independent payout testing.

  • Instant/evaluation prices and risk terms disagree across official pages.
  • Full payout, refund and country-specific conditions require confirmation.
Original review introduction & disclosure

Perpify Review

5.3

Simulated perpetuals · Instant and evaluation accounts

Static loss floors and no funded consistency rule. Conflicting official terms need confirmation.

Alternatives to compare

MyFundedPerps

Compare perpetual risk and withdrawal rules separately.

HyroTrader

Compare platform access and its own funded conditions.

Breakout

Compare crypto-focused account costs and payout evidence.

Frequently asked questions

Is Perpify live exchange trading?

No. Orders are simulated internally using reference prices; they are not submitted to Hyperliquid.

What is Instant maximum drawdown?

4% of original size, static and equity-based. Touching the floor breaches. A payout does not move the floor.

Is there a daily loss limit?

Product cards and Instant agreement state 3% default, with paid removal. Generic terms say none; confirm the purchased product agreement.

Does Perpify require consistency?

Published terms say no consistency rule on Instant and evaluation-funded accounts.

What is the evaluation drawdown?

Official pages conflict between 5% and 6% static. Obtain written confirmation before paying.

Is the profit share 95%?

Instant defaults to 85%; 95% requires a paid upgrade. Evaluation-funded share is separately disputed between official pages.

How fast are payouts?

Daily eligible requests and under-24-hour processing are published, not independently verified settlement promises.

Can I run a trading bot?

No. Bots and EAs are prohibited. Conditional copy permission does not override that restriction.

Are Own Capital profits withdrawable?

Simulated Own Capital profits do not increase withdrawable real deposited funds.

Is there a PFR coupon?

No PFR code or affiliate agreement is confirmed. Use the official direct link and check current prices.

Public-source assessment · Not hands-on
No account purchase, trades, support test or payout request.