Founded in 2022, Purdia Capital has emerged as a fresh figure in the futures proprietary trading sector, and their attractive, innovative approach makes them well worth exploring. The firm provides qualified traders with the opportunity to access funded futures trading accounts.
For newer traders, what really sets this platform apart is its provision of complementary resets for beginner accounts, which is of particular value for traders who are just getting started – it spares them concerns around reset fees as they acquaint themselves with the world of futures trading.
For traders more familiar with futures or funding firms, some noteworthy aspects of Purdia Capital’s offer include their weekly payouts with no consistency rule, close cooperation with a dedicated risk manager, genuine live funded accounts, and a regulated broker partner (Tradovate) with true third-party liquidity.
Whether you’re a beginner trader seeking a supportive platform for growth, or simply in search of a platform alongside which you can evolve, we invite you to dedicate a few moments to this comprehensive review.
Let’s delve into the Purdia Capital’s core framework and parameters. The primary highlights we’ll examine include the availability of complementary resets with a starter account, the provision of a daily loss threshold, and the presence of a dedicated risk manager – a person who will help you assess your performance and with whom you can have detailed, interactive discussions about refining your trading strategy. Once you’ve demonstrated proficiency in a live account, you can take weekly payouts without worrying about minimum trading days or a consistency rule, which is a significant indicator of their commitment to your success. Further, the Live Funded Accounts are genuine live accounts, funded with Purdia’s own money, meaning that they have financial incentives to see you succeed.
The firm has crafted an environment grounded in reality, where guidelines are designed to strengthen rather than hinder your progress as a trader.
During the evaluation stage, you’ll aim to demonstrate to the proprietary trading firm that you possess the ability to generate consistent profits as a trader. Once you have passed an evaluation, you will be onboarded into the funding process, which starts with a brief time in a simulated live account before being transferred to a Live Funded Account.
Purdia’s evaluations are designed for all levels of trader, from beginner to professional.
Purdia Capital offers three multiple funding accounts, 10k 25K, 50K, and 100K with One-Step programs. As well as two instant funding programs for 50k or 100k buying power.
The Pro Evaluation utilizes an intraday trailing drawdown and offers traders the chance to earn a 90/10 profit split right from the start. Traders must be profitable for at least 5 days in the Pro Simulated Funded Account in order to progress to the Live Funded Account.
The Pro Evaluation is a more difficult yet more rewarding pathway for traders on their funding journey. Traders in the Pro account will be required to demonstrate a higher level of profitability in the Simulated Funded Account, and in return will earn an enhanced profit split once in the Live Funded Account.
By successfully completing the Pro Evaluation and Pro Simulated Funded Account, traders will earn a Live Funded Account that starts out with an enhanced 90/10 profit split. This means you keep 90% of your trading profits, while Purdia Capital retains 10%. This generous profit-sharing arrangement ensures you maximize your earnings from successful trades, and traders can take advantage of our industry-leading payout structure to withdraw profits on Day 1 of the Live Funded Account.
The key difference to the requirements is that while trading in the Pro Simulated Funded Account, traders must demonstrate a higher and more sustainable level of profitability. In order to pass the Pro Simulated Funded Account stage, not only must traders reach the profit target and trade for at least 10 days, but traders must additionally earn profits of at least $200 on at least 5 trading days. With this rule, traders can still make the vast majority of their profits in one trading day, the only difference is that traders are required to be profitable on additional days as well. There is no consistency rule or required percentage of profits. Please note that this profitability requirement applies only to the Pro Simulated Funded Account, not for the evaluation stage.
All other requirements, including profit target, risk parameters, and required minimum days are the same. This enhanced profit requirement rewards a more calculated strategy with day trading, encouraging a more sustainable approach. The futures prop firm wants to reward traders that can prove a more sustainable record of profitability with a larger share of the profits.
The Pro Evaluation is an attempt to offer a bit more choice and flexibility to the trading community. This new evaluation type is simply one option among several for aspiring futures traders.
The imposition of a daily loss limit ensures that no account losses will occur as a result.
The End of Day (EOD) Evaluations have a max drawdown that trails based on your end of day account balance. If the account balance reaches a new cumulative high, the max drawdown is updated accordingly.
The Max Drawdown is a minimum account balance that trails with your profits during the Evaluation and in the Sim Funded Account. If your balance passes below the Max Drawdown threshold at any time, your account will be lost. Reaching the Max Drawdown is the one of the few ways to fail or lose an account with Purdia Capital.
The Trailing Max Drawdown is an important piece of our evaluation process, because it discourages over-sizing, over-leveraging, and risky trading behavior. It rewards traders who lock in profits and actively manage their trades. We want funded traders that practice sound risk management, and the TMD is one way to distinguish sustainable trading behavior. In its simplest form, the Trailing Max Drawdown answers a very simple question: can you make profits without a large drawdown?
The Trailing Max Drawdown trails with your profits in simulated accounts, always trailing to a set amount from your account’s highest balance. For example, in the 100k Pro Evaluation, the Trailing Max Drawdown is $3,000, meaning that it will always be $3,000 from your account’s highest balance. The Trailing Max Drawdown never decreases, and only increases when you set a new high for the account. As you can see in the diagram below, after setting a new high and then a losing day, the Trailing Max Drawdown remains at the same level until a new high is set.
Traders should be aware that open equity losses are taken into consideration when calculating whether or not the account failed on this rule. This means that if an open position dips your account balance below the minimum account balance, your evaluation will be considered failed.
There are two types of trailing drawdown: Intraday and End of Day (EOD).
End of Day Trailing – In our Beginner and EOD Evaluations, the TMD trails End of Day (EOD). This means that the TMD is updated at the end of each trading day, and only when your account balance is at a new high at the end of a day.
Intraday Trailing – In our Pro Evaluation, the TMD is calculated intraday. This means that the TMD trails your open equity, including unrealized gains in active trades. This type of TMD will always trail your the highest point of your unrealized gains in the account.
In all simulated accounts (including Evaluations and Simulated Funded Accounts), the TMD continues to trail your highest level of gains, even past the point of breakeven. If your initial maximum drawdown starts at $3,000, then it will always trail, staying $3,000 below the highest balance of the account.
In the Simulated Funded Account, the Trailing Max Drawdown behaves exactly the same as in the Evaluation.
In the Live Funded Account, the Max Drawdown does not trail, and is static at breakeven + $100. For more details on how the Max Drawdown works in the Live Funded Account, click here.
The Trailing Maximum Drawdown is in place to protect both the trader and Purdia Capital. The TMD acts as a limit on how much a trader can lose and/or how much profits a trader can give back to the markets. The intention is that our traders learn to manage risk properly and grow their account over time.
Purdia’s goal is to develop successful, sustainable traders. The biggest piece of this puzzle is risk management. Properly sizing trades, properly setting (and sticking to) stop losses, and avoiding overtrading are all crucial parts to good risk management.
Let’s take a look at Purdia Capital’s Beginner Evaluation, which is an excellent choice for those who are new to trading or proprietary trading. Purdia Capital provides competitive beginner accounts with a unique feature: complimentary resets in phase 1. These beginner assessments have stricter risk parameters compared with other assessment options, but they provide a more lenient environment in which beginners can familiarise themselves with the intricacies of the futures market.
Purdia’s beginner assessment consists of two stages, and during the initial stage, traders benefit from free resets. Traders are encouraged to engage in trading with small quantities of micro future contracts in order to foster responsible risk management practices and support consistent growth of trading accounts over time. It’s important to note that surpassing the daily loss limit should not cause undue concern – hitting this limit will only result in a temporary pause on your trading account for the remainder of the day. It will not jeopardise your account in the longer term.
These accounts are available in two sizes: 10K and 25K. This being the case, if you’re relatively new to futures trading or if proprietary trading is a fresh venture for you, we’d recommend these accounts as exceptional choices for beginners. Purdia’s free resets in phase 1 is an unprecedented offer – to the best of our knowledge, no other proprietary firms provide this benefit.
The Beginner Evaluation has two distinct steps that each must be passed in order to move on to the Funded Account. Each step will be treated like a separate, brand new evaluation, each with an identical profit target, max position size, daily loss limit, minimum required trading days, and max drawdown. The only difference between the two steps is that, while in Step 1, resets are free (once per day), and once in Step 2 resets carry the normal $99 price tag.
The idea behind this model is to give traders a safe environment during Step 1 where they can freely make mistakes without worrying about paying additional fees. Then, once the profit target is reached and the trader feels ready, they can proceed to Step 2, which has the elevated stakes of no free resets. After passing Step 2, a trader can move on to the Funded Account just like any other evaluation.
Purdia offers two options for Beginner Evaluations, each with a corresponding set of risk parameters, which you can view here.
As with any other evaluation, traders who complete a Beginner Evaluation will earn a funded account. The account size and parameters will start out very similar to the evaluation, and once the trader reaches the Live Funded Account, the risk parameters can be scaled up, like any other live account, according to the scaling plan. So even though the Live Funded Account would start out smaller with a Beginner Evaluation than some of the other options, you could scale it up to the same size as (or even larger than) any other Live Funded account.
The Beginner Evaluation can be a great choice for many traders, and not just those who are truly “beginners”. The free resets that accompany Step 1 offer an ideal environment in which to learn and make mistakes without fear of additional fees, and the opportunity for funding offers a path to truly sustainable profitability. For example, a few types of traders who may benefit from choosing the Beginner Evaluation include:
We’d recommend all beginners to consider these accounts for their funding goals.
Purdia Capital offers two instant funding account types. There are no monthly fees; you pay a single cost, get a Simulated Funded Account (SFA), and trade for as long as it takes to move to the Live Funded Account (LFA).
| Purdia Capital Instant Funding | Cost | Contracts | Drawdown (EOD Trailing) | Withdraw Threshold |
| $50,000 | $649 | 5 | $1,500 | $2,000 |
| $100,000 | $999 | 10 | $3,000 | $3,000 |
Profits that you earn during this phase are transferred to your live account once you qualify for the move. However, any profits above $3,000 are not transferred; in other words, don’t bother overachieving in the Simulated Funded Account.
Once you are in the Live Funded Account, you are trading on an actual live account – the orders actually go to the market and fills are not guaranteed the way they are on simulated accounts. You are only allowed to have one of these live accounts at a time.
In the LiveFunded Account, there is a new Daily Loss Limit enforced. Regardless of the balance, you are not allowed to lose more than 33% in a single day. Upon losing this amount, your account is locked until the next trading day.
There are no data fees, platform fees, or other fees whatsoever.
The withdrawal process here is great. Once you get to Live Funded Account, Purdia Capital offers a 90/10 profit split, with no limits on withdraws whatsoever. You can withdraw everyday, as little or as much as you want. There are no consistency rules, and because the max drawdown is static, it’s as close to having your own personal account as it gets.
However, when you get to the Live Funded Account, the drawdown becomes the initial balance + $100. So on the $100,000 account, your Live Funded Account will start with a balance of $3,000 and a max loss of $2,900. This also means that if you withdraw enough of those initial profits to make your balance hit this drawdown, the account will be closed.
Profits are withdrawn through direct bank transfer.
While you can only have one Live Funded Account at a time, you have the opportunity to scale to higher contract sizes and daily loss limits, as you grow your account. This is done at the discretion of Purdia, so it would be assessed case-by-case.
Traders with Purdia Capital can trade with some the best trading platforms in the industry including Tradovate, TradingView, and NinjaTrader.
In all funded accounts at Purdia Capital, the initial profit-sharing ratio stands at 70/30, with 70% of the profits allocated for the beginners’ accounts as well as the EOD evaluations. However, the Pro Evaluation offers a 90/10 profit split.
Purdia Capital acknowledges that this ratio may appear lower compared to what some other futures trading prop firms currently provide. However, their distinctiveness lies in their commitment to a unique business model that isn’t contingent on traders experiencing failure. Purdia Capital’s overarching strategy is centred on cultivating long-term partnerships with all their funded traders while consistently delivering ongoing value to support their traders’ success.
Whatever the trading style and strategy, the ultimate goal of any trader is to make money. For some, this may mean simply growing an account while taking an occasional payout. For others, it may mean weekly payouts to establish a stream of income. In any case, the payout process with Purdia Capital is easy, fast, and straightforward.
Before taking their first payout, traders must trade for at least ten days in the Simulated Funded Account and reach a profit target based on account size (see below). After that, they will be moved to the Live Funded Account and can begin taking payouts immediately. Once in the Live Funded Account, payouts can be requested at any time. There is no trading day or profit requirement to request a payout.
Before taking their first payout, traders must trade for at least ten days in the Simulated Funded Account and reach a profit target based on account size (see below). After that, they will be moved to the Live Funded Account and can begin taking payouts immediately. Once in the Live Funded Account, payouts can be requested at any time. There is no trading day or profit requirement to request a payout.
There is no cap on withdrawals, ever. Traders can withdraw any percentage of their profits at any time, however this will affect your available drawdown. Because your profits in the Live Funded Account are also your available drawdown, requesting a payout can affect your available drawdown.
Purdia Capital emerged to address a significant void in the online prop trading sector: a genuine commitment to serving the best interests of its clients. Regardless of your level of experience, whether you’re a newcomer or a seasoned trader, we encourage you to consider giving Purdia Capital a chance and discover the difference first-hand.
Purdia Capital sets itself apart by adopting an innovative approach. Instead of penalising traders with reset fees for their mistakes, they view such incidents as opportunities for growth. Their proactive engagement with traders includes seeking feedback and opinions on account management and risk parameters. Purdia creates a true team environment with its traders, working together to grow together.
What truly distinguishes Purdia Capital is their novel revenue model, aiming to generate more income from successful traders than from those who may face challenges – a ground-breaking concept within the online funding industry.
Purdia Capital has fostered a nurturing environment for traders, regardless of their experience level. Thanks to wide variety of funding programs the prop firm offers. They are committed to providing novice traders with the time, space, and resources required for proper learning thtough their beginner evaluations while simultaneously empowering consistently profitable traders to elevate their trading skills with through the PRO evaluation. Ultimately, Purdia Capital aspires to set the benchmark as the premier online futures prop trading firm in the industry.
Please refer to the following pages of our website to read about similar other Prop Firms leading the industry such as: Topstep Review
