During the last few decades, cold-formed steel (CFS) is extensively used in mid- and low-rise housing due to the increasing demand of rapid constructions along with its various advantages in comparison with other structural material. Cold-formed steel framed shear walls (CFSFSW) are most common and primary lateral load resisting system. However, adopting it in the seismic zone is difficult, especially because many design components remain open. In this research an effort has been made to design the shear wall system with both unperforated and perforated upright sections using nonlinear static analysis method. In ABAQUS, a general-purpose finite element analysis software, three-dimensional models using shell elements are used to simulate a shear wall system. A comparative study regarding the lateral load capacities with respect to maximum allowable lateral deflection including different parameters like column sections, thickness and perforation arrangements are presented here. It was found that increasing thickness and including Chanel stiffeners improves the lateral strength of original upright section. The developed modelling protocol helps to estimate its lateral performance under earthquake with reasonable accuracy.