Best Perps Prop Trading Firms (2026)
A perps prop firm funds you to trade perpetual futures — crypto contracts such as BTC and ETH perps that never expire and trade around the clock — with the firm’s capital once you pass a paid evaluation, and you keep most of the profit. Perps is the newest market FundedEnigma tracks, and more firms will be added as we verify them. Each links to a full review; the FundedEnigma code shown applies the firm’s current discount.
Last updated: October 3, 2026 · How the Enigma Score works
Bottom line
The best perps prop trading firm in 2026 is Vest Markets (accounts from $9.70, 80/20 or 90/10 (evaluation, chosen at purchase); 95% (Instant) profit split, Static (6% evaluation; 2-4% Instant, equal to the fee) drawdown, on demand (credited within 24 h, no cap) payouts). E8 Markets Perps is the closest runner-up. Every firm below honors its FundedEnigma code (shown in the table) for the current discount; the full ranked list and how the Enigma Score is calculated are shown beneath this summary.
| # | Prop Firm | Enigma Rating | Profit Split | Drawdown | From | Discount (code) | Updated |
|---|---|---|---|---|---|---|---|
| 1 | Vest Marketsperps | 9.6/10 (Elite) | 80/20 or 90/10 (evaluation, chosen at purchase); 95% (Instant) | Static (6% evaluation; 2-4% Instant, equal to the fee) | $9.70 | 2% off (SIFUNDEDENIGMA) | October 3, 2026 |
| 2 | E8 Markets Perpsperps | 9.1/10 (Elite) | 80% (E8 One up to 100%) | Dynamic (One) · Static (Pro) · EOD dynamic (Signature) | $109 | 50% off (Enigma) | October 3, 2026 |
| 3 | MyFundedPerpsperps | 8.1/10 (Excellent) | 80/20 (90/10 upgrade) | Static (3% / 5% / 6%), locks at the starting balance on the first withdrawal | $190 | — | October 3, 2026 |
| 4 | Tradeify 247perps | 7.9/10 (Strong) | 80/20 (95% add-on) | Static 6% (1-Step / 2-Step) / end-of-trade trailing 6% (Instant) | $350 | — | October 3, 2026 |
How perps prop firms work
The model mirrors futures and forex prop firms: you buy an evaluation, hit a profit target without breaching the loss limits, then trade a funded account and split the profits with the firm. The difference is the instrument — you trade perpetual futures, usually on crypto (BTC, ETH, SOL and other large coins), which have no expiry date and track the spot price through a funding rate.
Rules that matter more with perps than elsewhere: the maximum leverage per coin, which pairs are allowed, whether funding payments count toward your profit and loss, how weekend and overnight positions are treated in a market that never closes, and which exchange or platform the firm routes your orders through. Check these on the firm’s review page before you pay.
Why a 24/7 market changes the drawdown
Crypto perps trade every hour of every day, so a large move can hit while you sleep or over a weekend. A drawdown stated in dollars — and whether it is static, end-of-day or trails your peak intraday — decides how much leverage you can realistically carry before one move ends the account, and an end-of-day snapshot in a market without a close depends on the firm’s chosen cut-off time.
That is why the Enigma Score counts only the usable part of the loss buffer and weighs the real all-in cost (evaluation plus any activation fee, after the FundedEnigma discount). Perps plans are scored against our all-plan reference until we track enough perps plans to form a peer group of their own.
Frequently asked questions
- What is a perps prop firm?
- A proprietary trading firm that funds traders to trade perpetual futures — typically crypto perps such as BTC and ETH — with the firm’s capital. You usually pass a paid evaluation first, then trade a funded account and keep most of the profit.
- What is the best perps prop firm?
- By the Enigma Score, the top perps firm and the full ranking are shown in the table on this page. Perps is a new market on FundedEnigma, so the list will grow as we verify more firms.
- How is a perps prop firm different from a futures prop firm?
- The evaluation-then-funded model is the same, but perpetual futures never expire, trade 24/7 and carry a funding rate, while futures prop firms trade dated contracts (ES, NQ, CL) on exchange hours. Leverage limits, weekend holding and the drawdown cut-off time matter more on a perps account.
- Do I need a discount code for a perps prop firm?
- Use the FundedEnigma code shown next to the firm (FE for most firms, a firm-specific code for some) at checkout. It applies the firm’s current discount at no extra cost while attributing the sale to FundedEnigma.
How FundedEnigma ranks these firms
This ranking is ordered by the Enigma Score — a transparent, data-driven 0–100 rating built from each firm’s true all-in cost, payout reliability, drawdown fairness and trust signals. The exact inputs and weights are published in full on the methodology page; placement cannot be bought.
Firm data is captured original-source-first from each firm’s official website, with Trustpilot used for aggregate review signals, and refreshed daily — so the prices and discounts above stay current within 24 hours. Every customer-facing number is reviewed before it goes live.
Editorial independence & affiliate disclosure. FundedEnigma earns a commission when a trader signs up using code FE, which passes through the firm’s own currently-running public discount at no extra cost to you. Affiliate relationships do not influence the Enigma Score or a firm’s position — read more on our about page.
Reviewed by the FundedEnigma Editorial Team · Methodology · Editorial policy · Last updated October 3, 2026