Purdia Capital - LIVE Instant Funding / No Evaluation
Finally.
An instant-funding prop firm where traders are:
NOT restricted by consistency rules, scalping/trading rules, profit objectives between payouts, or any other annoying policies
put on a LIVE account rather than a sim account and truly partnered with the firm (they pay for your market data!)
able to withdraw all of their profits at any time once live
Able to use NinjaTrader and Tradovate
Those features alone are enough to make all instant-funding traders switch to Purdia Capital, and this page is designed to help you pick the best account for your approach (and to get the best deal). They also offer traditional evaluations, so each unique plan will be explained.
Every topic will be covered, and all of your questions will be answered. All major firms are changing to get more traders on live accounts, and we’re in the biggest transitional phase the online prop-firm space has ever seen. However, Purdia has been ahead of this and funding traders with real money since 2023! But, they are a relatively smaller firm, so read below for notes on the major risks associated with that. Proceeding with Purdia means accepting those risks.
Exclusive high-discount code: Iman + click here
Specific codes for the highest discounts on each account will be listed below. Using my link supports me at no extra cost to you. Thank you.
Going with a newer firm is always a risk, so read the text below for some notes on that. Or, skip ahead and get started.
While I believe that Purdia and their unique model is the future (especially if regulation is coming with getting more traders on live accounts), going with smaller firms always comes at a great risk. I will update this review if there are any problems in payout delays or anything at all. The worst case scenario is obviously if the company shuts down, and I’ll be paying attention to major delays in account setup time as an early red flag (since you’re being funded with real money). You are always at risk when trading through a firm, but you’re at a far greater risk when choosing a newer one like Purdia. If safety is your #1 priority, then be smart and just go with established names like Topstep, MyFundedFutures, or TradeDay. Purdia has been around since 2023, but we will be watching in real time how they change and adapt to the growth that I expect will happen. Any changes or problems will be updated here as soon as possible. We’re all in an experiment together, so don’t join it if you aren’t willing to accept the risks. There are more in-depth notes on this topic at the bottom of this guide/review.
First, take a brief look at their instant funding accounts
Just glance at the table, and then we’ll get into how their funding model works. How much money would you have made from firms if you were able to withdraw the entire account balance after hitting the profit target on an evaluation?
| 50k account | 100k account | |
|---|---|---|
| Discounted price | check below | check below |
| Max Drawdown | $1,500 | $3,000 |
| Drawdown type | EOD | EOD |
| Profit target for first payout | $2,000 | $3,000 |
| Trading days for payout #1 | 10 | 10 |
| Minimum profitable days | 5 | 5 |
| Rules after first payout? | X | X |
| Max contracts | 5 minis, 50 micros | 10 minis, 100 micros |
| Profit Split | 90/10 | 90/10 |
| Withdrawable profit | ALL | ALL |
| Consistency rule | X | X |
| Activation fee | X | X |
How does the instant-funding plan through Purdia actually work?
Let’s say you’re trading the 100k account.
Once you reach the “profit target for first payout” (making +$3,000), have traded for at least 10 days, and 5 of those days were at least +$200, stop.
Purdia contacts you, and you start the onboarding process to be put on the live account.
The profit target you hit ($3,000) becomes the starting balance on the live account.
Once your live account is ready, you can continue trading and/or withdraw as much as you’d like.
Enjoy daily payouts and no annoying rules!
Which one is the best deal or/and easiest to pass? + Exclusive discounts
| 50k account | 100k account | |
|---|---|---|
| STARTING max drawdown | $1,500 | $3,000 |
| Profit target | $2,000 | $3,000 |
| Price with discount (below) | $449 | $699 |
| LIVE account balance | $2,000 | $3,000 |
| Cost per $100 in LIVE funding | $22.45 | $23.31 |
100k account (Iman’s #1 pick) - USE CODE Iman and click here for the highest discount (saves $50-$99 compared to other discounts!)
It has a $3,000 end-of-day max drawdown and a $3,000 profit target, which is quite literally unheard of. No other firm has a 1:1 drawdown to target ratio on an account that large… end of story. It’s by far the easiest account to pass and achieve live funding. In fact, I’m surprised it exists, and I’d be shocked if there aren’t changes to it at some point. Anyways, it’s the 2nd best in terms of pricing, but I think it’s #1 for being easiest to pass.
10 days of trading required, including just 5 days of making $200+
50k account (#2 pick) - USE CODE IFA50 and click here for the highest discount (saves $5.30 compared to code Iman 😉)
While not being as easy to pass as the 100k account, the 50k account wins in the cost of funding category. That means it’s technically the best deal in terms of how much you’re paying in relation to the funding. However, the difference between accounts is very small and practically not worth comparing.
10 days of trading required, including just 5 days of making $200+
Putting Purdia’s absurdly good 100k account into perspective (comparison to Topstep)
Purdia’s 100k account is $699.30 after the discount with code Iman, but it’s $749 if you use the code on their website. Discounts aside, that’s a lot of money. But, think about this objectively;
Topstep’s 50k evaluation account has a $2,000 max drawdown and a $3,000 profit target with a 50% consistency rule. You need to make $3,000 to then be put on a funded account so you can then start to make money. You made $3,000, but you don’t get any of it. To get a payout, Topstep requires a minimum of 5 $200+ trading days, and then you can only withdraw 50% of what you made. The total cost for passing this evaluation on the 3rd attempt is $296.
If you pass Purdia’s target of making $3,000 (while having $1,000 more in drawdown and access to more contracts), you immediately have access to that entire $3,000 of earnings after getting put on the live account. Then, any money you make can be withdrawn every day. The value is quite absurd, but this is comparing apples to oranges. Topstep is still great. Plus, passing Purdia’s account takes a minimum of 10 days versus 2-3 days with Topstep, and it also shares Topstep’s 5 days of +$200 rule. There’s no right or wrong; it’s just some information and policies to think about.
Should you get an instant funding account?
Instant funding firms like Purdia are only for highly experienced traders. No matter how many times I say to only use prop firms once you’re ready, not everyone will listen. So, if you’re going to ignore me, then please at least use the most affordable evaluation firm (click here for my guide on MyFundedFutures). Purdia is an incredible opportunity and deal for those who are ready.
What happens once you’re on the live funded account (LFA)?
After hitting the profit goal, Purdia helps you get set up on their live account. Below, you’ll find information on the most important topics. One major factor that sets Purdia apart is that they want you to succeed, because they’ll be making money with you. That’s why you’ll see some unique features like a risk manager, which is a person that partners with you mostly to ensure that you’re being smart. Also, there’s no trailing drawdown once your live.
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There’s a scaling plan once live, but you still get to use more contracts than other firms like Topstep. So, it’s not that bad.
“Because we fund our Live Funded Accounts with real money, we are limited by the very real margin requirements of our broker. As a result, the max position size will start out smaller in the Live Funded Account, around 50% of the max position size of the evaluation. Generally, a 100k LFA will start out with a max position size of 5 contracts (50 micros), and a 50k LFA will start out with a max position size of 3 contracts (30 micros). As traders grow their account, they can scale up their trading.” - https://purdia.com/knowledgebase/scaling-plan
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There’s no max daily loss during the first phase of hitting the profit target. You get put on the LFA after that, and then there’s a max daily loss.
Every LFA with Purdia has a maximum daily loss limit of 33%, which means that you are protectively locked out of your account for the day if you lose 33% of the entire account. You do not “fail” anything. Remember, it’s actually a live account.
You can customize your max daily loss; it just can’t be over 33%.
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The following has been copied from Purdia’s site here: https://purdia.com/knowledgebase/funding-process-part-two
“All Purdia traders in funded accounts are assigned a risk manager. The job of the risk manager is to monitor and review the trader's performance, offer feedback on performance and plan, and assist the trader in making strategic decisions for the account, including adjusting risk parameters.
All traders in Live Funded Accounts are required to communicate regularly with their assigned risk manager. Most commonly, this communication takes the form of weekly one-on-one calls between the trader and risk manager. Risk managers are available to traders during the week as well, and traders are expected and required to be responsive when contacted by their risk manager.
Traders who are unresponsive when contacted by their risk manager, or avoid communicating with their risk manager will have their accounts suspended until communications have resumed.”
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For traders in the LFA, margin requirements are increased during high-impact news events like FOMC (controlled by the broker, Tradovate).
Trading during the news is allowed.
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Account onboarding typically takes around 5 business days. There’s some paperwork to do, some KYC requirements, and other boring stuff. Remember. This is real.
All of the information is on their site here: https://purdia.com/knowledgebase/live-funded-account-onboarding
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All payout requests are processed within 24 hours, and you can withdraw money every day if you’d like. This happens once you’re on the live funded account.
As for the withdrawal methods, Purdia does direct bank transfers and Paypal. Bank transfers have no fees.
Any updates on that information will be here: https://purdia.com/knowledgebase/instant-funded-accounts
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Tradovate
TradingView
NinjaTrader
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As usual, the funding firm (Purdia) has no control over this - it’s based on US federal governmental regulations and policies.
Go here for the list of prohibited countries - https://purdia.com/knowledgebase/prohibited-countries
Clicking the image is Iman’s link to Purdia’s website.
If you’re an active prop firm trader, you should join my free Discord community called “Prop Firm Center.” Do it! https://discord.gg/dX8WEwUrvS
Do I think these extremely lenient and great policies will last?
The point of Purdia is that you’re truly trading through the firm, and they need you to succeed for them to succeed. Sure, they’ll still make revenue from evaluations and traders not making it to the live account, but they are relying on their great traders far more than any other funding company at the moment. The future of Purdia is exciting because it’s in their best interest for you to do well. I’m sure there will be changes, but they certainly won’t be as terrible as what we’ve seen from other “instant-funding” firms (since Purdia actually wants you to make money). Purdia makes money when you make money, whereas firms like Tradeify lose money when you make money (since their “instant funding” puts you on a sim account). Who would you trust more to maintain good policies and have your best interests in mind - a teammate or an opponent?
Regardless, Purdia is a relatively small company for now. So, we’ll see how everything goes once they start growing. As I said earlier, we’ll be able to tell if there are any growing pains pretty easily based on the simplicity of their funding model. So, once again, this is a riskier pick.
What about Purdia’s evaluation accounts?
Personally, I think Purdia’s greatest value is in the instant-funding accounts. However, they also bring a unique model to several different types of evaluations. Their website is a little confusing when it comes to the unique rules for each plan, so I’ve simplified this as much as possible. There are three different types: Pro, EOD (end-of-day), and Beginner. All three plans have a stinky $130 activation fee, but at least it’s less than some other firms. Before we start, there’s some language that you need to understand. Click the button below, or skip ahead if you already understand the difference between end of day vs intraday drawdown systems.
The most important thing to keep in mind to understand the evaluation model:
To avoid confusion and to understand how the evaluations work, remember this: when you pass the evaluation, you are put on a “funded” sim account like other firms. However, you do not get payouts on this account. You then need to hit a profit target, and then you go to the live account where you can withdraw whatever you’d like. Think of it like a 2-phase evaluation where you get full access to your “funded sim” profits at the end. “Full access” to your profits can’t be overstated - most firms don’t allow this. Plus, once you’re live, remember that there’s no rules. Let’s recap how this process works:
Pass the evaluation (5 minimum trading days)
Get put on a funded sim account (like other firms)
Hit a profit target on the funded sim account (with 10 minimum trading days and at least 5 +$200 days)
The profit target you hit becomes the starting balance on a live account
Withdraw as much of that starting balance as you’d like
Continue trading and enjoy daily payouts without any annoying rules
Now that you understand the general model, let’s get into the unique differences among each of the 3 evaluation plans. Max daily losses do not fail the account; you are just locked out of trading for the rest of the day. Purdia only allows 1 account, because you’re actually getting funded.
Pro evaluations - rules and policies
| 100k Pro Evaluation | |
|---|---|
| Profit target | $6,000 |
| Max drawdown | $3,000 |
| Max position size | 10 Minis / 100 Micros |
| Profit split | 90/10 |
| Price with code Iman | $69.30 |
General overview
The only bad part about the pro evaluation that it uses an intraday drawdown like Apex. As for the account parameters, it has the same drawdown, profit target, and max position size as Topstep. It’s $99, but you can get it for just $69.30 with the 30%-off code Iman. So, that’s $30 less than Topstep while also having a cheaper activation fee. That’s great.
What happens after you pass the pro evaluation?
Once you pass, you are put on a “funded sim account” where you must hit a profit target to then be put on the live funded account. The profit target on the funded sim account is $3,000 (so this part is a 1:1 drawdown to profit target ratio), and you must have 10 minimum trading days with 5 minimum profitable days (making at least $200 on those days). Then, that $3,000 you made is transferred to a live account. Withdraw as much as you’d like, but leave enough in there to keep trading! This is probably their best overall evaluation account, and 100k is the only size that’s offered.
EOD evaluations - rules and policies
| 50k EOD Evaluation | 100k EOD evaluation | |
|---|---|---|
| Profit target | $3,000 | $6,000 |
| Max drawdown | $2,000 | $3,000 |
| Max daily loss | $1,000 | $2,000 |
| Max position size | 5 Minis / 50 Micros | 10 Minis / 100 Micros |
| Profit split | 70/30 | 70/30 |
| Price with code Iman | $125 | $209 |
General overview
Once again, 5 minimum trading days are required to pass the evaluation. The difference between this and the pro account is that it uses a far greater end-of-day drawdown. This type of drawdown is easier to pass, so the price reflects that. However, you’ll also notice that the profit split is 70/30 rather than 90/10. Once you’re live and begin to grow the account, they’ll eventually increase it to a 90/10 split.
What happens after you pass the EOD evaluation?
Once you pass, you are put on a funded sim account. The target for the 50k account is $2,000, and the target for the 100k account is $3,000 (again, very good 1:1 drawdown:profit targets). This stage requires 10 minimum trading days and at least 5 +$200 days. Once you hit that, the balance is transferred to a live account. Then, you can withdraw as much as you’d like and/or continue trading.
Beginner evaluations - rules and policies
Pay very close attention! There are two steps / evaluations to pass before getting put on the funded sim account. In step 1, resetting your account is free and can be done once per day. When you pass the first evaluation, you then have to pass the second evaluation. It is a nice idea to have an environment with free/unlimited resets, but, if you’re a beginner, you shouldn’t even be using prop firms. That’s just my opinion though. You have free will. Take a look:
| 10k beginner evaluation | 25k beginner evaluation | |
|---|---|---|
| Profit target | $1,000 | $2,000 |
| Max drawdown | $1,000 | $2,000 |
| Max daily loss | $250 | $500 |
| Max position size | 5 MICROS | 10 MICROS |
| Min trading days | 5 | 5 |
| Price with code Iman | $55.30 | $83.30 |
Pass the evaluation
Pass the evaluation again
Get put on the funded sim account
Hit the profit objective in funded sim
Get transferred to a live account
Withdraw as much as you’d like / continue trading
According to Purdia’s page here, the profit target on the funded sim account for the 10k account is just $750, and for the 25k account it’s just $1,000. So, this means you need to make $750 with a $1,000 drawdown (10k account), or make $1,000 with a $2,000 drawdown (25k account). These accounts are very low priced with extremely fair funding parameters. But, pay attention to those max position sizes. Plus, you do need to pass the evaluation twice.
General notes on the evaluation accounts
I am NOT 100% sure that I’ve gotten everything right when it comes to the policies/rules on each of the evaluation types. Click here to visit their “knowledge base,” which is a separate and more in-depth version of their rules and FAQ pages. The pro evaluation seems to be best, but I view their instant-funding accounts as the highest value.
Closing notes on risks and the longevity of Purdia
Why instant funding firms go bankrupt or become terrible
We’ve seen several instant funding firms pop up and go bankrupt in 2024. They didn’t actually fund you with a live account, and that’s how Purdia is different. Firms like Tradeify offer “instant funding” plans that keep you on a sim account, and it has absolutely horrendous rules. With Tradeify, you have to make a 150% gain just to withdraw a fraction of the money you made on your first payout, and subsequent payouts require additional absurd gains without full access to what you actually made. That’s how bad simulation “instant-funding” firms have to be in order to stay profitable/solvent, and I have a full review on Tradeify here (a firm I don’t recommend). Instant funding with sim accounts has been tested multiple times, and it just doesn’t work. The company either goes bankrupt or develops terrible rules to make it harder to get payouts.
How Purdia and their model is different
Purdia funds you with a live account, which means it’s in their best interest for you to make money. Is the difference in live vs simulation funding enough to make Purdia long-term successful? I have no idea. I just trade through firms and make YouTube videos. I have 0 insight into the health of the company, their business plan or income, or any type of financial documents. You and I have no idea how they’re doing or if they’ll last. If this is alarming to you at all, open your own account or trade with a safer/established firm. While I believe that Purdia’s model is the future, I guarantee that there will be tweaks and adjustments to various policies to make it all work. Perhaps another firm will come along that takes Purdia’s best parts, adjusts a few rules, and becomes a better choice. We don’t know. We’re in the biggest transitional phase that the online prop firm industry has ever seen, and partnering/trading with Purdia means going with the “safest” risky choice.
Incoming prop firm regulation and Purdia’s perfect positioning for it
Prop firm CEOs keep talking about regulation and changing their firms, but they’re all trying to transition to a model that Purdia has been using since 2023. Every firm that wants to remain open is working on getting their traders to live accounts. This is probably because the actual futures exchanges are sick and tired of not getting their cut of commissions from traders! How is CME supposed to make their money if millions of traders are using “funded sim” accounts? Anyways, if we strictly look at the quality of Purdia’s instant funding accounts, there’s 0 reason why any other instant-funding firm (whether failed or current ones) were/are more popular. You have to be living in a different reality to choose Tradeify over Purdia if you’re basing it off of which one is a better deal, less restrictive on rules, more fair, easier to get payouts from, or any other metric that matters to traders. However, growth in this space isn’t strictly dependent on value in the eyes of traders, so it’s not surprising to see that Purdia is still a relatively small firm.
Anyways, remember this;
Don’t trade with any firms except for large/established names if safety is your biggest priority.
With that being said, here’s a major point about why I’m not worried about Purdia; the money you make as a trader is done on a live account and is real. You’re not exclusively depending on the evaluation purchases of other traders to fund your payout. If you make $500 on a live account, those orders were submitted to the actual exchange, and so that $500 is real. Previously failed “instant-funding” firms weren’t doing that. Either way, 2025 is going to be an extremely interesting year for Purdia and all other firms.
I would not be surprised if Purdia ends up not allowing traders to immediately withdraw their entire account balance on day 1 of the live account. Honestly, I’m surprised that this is even allowed. From an analytical/objective standpoint, the majority of their costs as a business will be due to allowing this, and so that policy might change in order to remain solvent. Perhaps it will change to allowing something like a maximum 50% withdrawal on day 1. It would still be more lenient than any other firm has ever been, but it would also protect the firm as well as ensuring that traders are actually trading (rather than farming evaluation-to-live payouts). But, I’m just speculating.
Don’t use prop firms until you’re ready, and don’t use newer firms if you can’t accept the risks.
RISK AND AFFILIATE DISCLOSURE - Never risk money you can’t afford to lose!
Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Most traders do not succeed. The links on this site are primarily affiliate links, which financially supports me at no extra cost to you. I partnered with multiple firms, because I don’t see 1 firm that has it all. Not being exclusive to one firm also helps to reduce bias, because I’m partnering with the firms that I think are the best. I personally trade through firms, and I think they’re an excellent way to manage risk. I also say not to use them until you’re ready as much as possible. They’re a tool to use, and it’s on you to use them responsibly. When it comes to Purdia, I really hope that this is the model that takes over the space - a mutual partnership between the trader and the firm, where it’s in the firm’s best interest for the trader to do well. If it doesn’t work out, I will add updates here immediately. Thankfully, there’s less risk with a live firm like Purdia when it comes to detecting insolvency. This is because things like payout delays will be detected immediately, rather than what we’ve seen from previous funded sim firms that went under. Does anyone read these?