Crypto firms comparator

George Town, Grand Cayman

Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Anar Bayramov

Jakub Zeliska

Cayman Islands

United Arab Emirates

2025

2023

Hypernova proprietary engine using Hyperliquid market data. Simulated trading; orders are not routed to Hyperliquid.

Live Hyperliquid order book and market data

Challenge accounts, including Thunderbolt and Phoenix, qualify for a bonus equal to 200% of the entry fee after the third fully approved payout. It does not apply to Vanguard Instant Funding.

No platform fee. Hypernova sponsors gas for USDC payouts on Arbitrum.

Bank transfer: $19.90 + 2.49%. Cryptocurrency: $19.90 + 30%. Returned payouts: $30 reprocessing fee.

On demand, 24/7, with no waiting period. Close positions and orders before requesting a payout; settlement in seconds.

Payouts are available on demand when all requirements are met. Thunderbolt and Phoenix have no profitable-day minimum. Vanguard requires 6 qualifying days with at least 0.5% realized profit each. The counter resets after every payout.

No minimum; the account must be in profit.

$45 after applying the selected profit split.

Perpetuals use the same progressive payout-cap ladder as CFD accounts. The cap increases with each fully approved payout and is removed from payout #8 onward. Profit above the applicable cap is forfeited at the end of the segment.

At least 1% realized profit since account start or the previous payout; all positions closed; drawdown compliance; completed KYC and signed Trader Agreement.

Forex perpetuals: up to 25:1

Gold and silver: up to 8:1. Copper: up to 5:1

WTI and Brent crude: up to 8:1

Index perpetuals: up to 10:1

Stock and ETF perpetuals: up to 4:1

BTC, ETH and SOL: up to 10:1. Other cryptocurrencies: up to 2:1

Crypto perpetuals: 0.015% maker / 0.045% taker. Stocks, ETFs, indices, commodities and forex: 0.003% maker / 0.009% taker. MSTR, PURRDAT and GOLD: 0.03% maker / 0.09% taker. No spread markup; $10 minimum order.

Hourly funding on open positions, using Hyperliquid rates.

Resets may be offered after a rule violation. A violation-related reset permanently caps future payouts on that account at 50% of the approved amount.

Scaling programme announced, not yet available. Nova Score is informational during beta.

Eligible funded accounts can scale by 35% every four consecutive months, up to $4,000,000, after achieving 15% cumulative growth, at least two payouts and a profitable final cycle.

Static floor based on starting balance. Enforced in real time on equity, including open positions. Touching the limit permanently closes the account.

Thunderbolt: 6% trailing Dynamic Risk Shield. Phoenix: 6% fixed maximum drawdown. Vanguard: 7% trailing maximum drawdown.

Recalculated at 00:00 UTC from the balance at that time and enforced on equity. Payouts adjust the daily loss budget so withdrawals do not count as trading losses.

Thunderbolt: 3%. Phoenix: 3.5%. Vanguard: 3%. The daily boundary is 00:00 UTC.

Current Perpetuals accounts are sold up to $400,000. Total funded capital across all Upcomers programs cannot exceed $1,500,000. Eligible accounts can scale to $4,000,000.

Up to 2 ongoing assessments. Assessments and funded accounts share the capital limit; demos are excluded.

No time limit, subject to the inactivity rule

Unlimited.

No minimum

Thunderbolt and Phoenix have no minimum trading days to pass their evaluations. Vanguard has no evaluation.

80%, 90% or 100%, depending on the checkout option. The base catalogue prices correspond to 80%; the checkout defaults to 90%.

Thunderbolt and Phoenix: none. Vanguard: 6 days with at least 0.5% realized profit each before every payout.

Self-built bots and strategies on a single account; no third-party signals or off-the-shelf evaluation strategies.

VPN use to bypass jurisdiction restrictions is prohibited.

Not explicitly prohibited, but strongly discouraged. VPN or VPS use during KYC/AML verification is prohibited.

Permitted within the same account in hedge mode. Hedging across Hypernova accounts or with other firms is prohibited.

Hedging across multiple accounts is prohibited. Hedging within one account is allowed under normal trading rules.

Normal scalping is allowed. Tick scalping, HFT and latency exploitation are prohibited; trades repeatedly closed in under two minutes may be treated as tick scalping.

Per-symbol leverage and notional position-size caps, published in Markets and the terminal.

Funded maximum loss per trade: 2% on Thunderbolt and Phoenix; 1.5% on Vanguard. Positions on the same instrument and direction count as one trade.

Account freeze after 3 months without trades.

The account expires after 35 consecutive days without closing a trade. A warning is sent 7 days before expiration.

20% Best Day Rule at payout for Thunderbolt, Phoenix and Vanguard. It is a soft payout requirement and does not breach the account.

All Perpetuals markets trade 24 hours a day, 7 days a week.

Prohibited: cross-account arbitrage or hedging; third-party signals and copy trading; off-the-shelf evaluation strategies; account sharing or multiple accounts from one household, device or IP without approval; exploiting errors, latency or pricing; identity fraud; insider trading and front-running; materially switching strategy after funding; strategies that cannot be replicated in live markets or exploit simulation; conduct creating legal risk or breaching provider terms.

Platform or feed exploitation, tick scalping, high-frequency trading, latency trading, arbitrage, grid trading, martingale, one-sided or all-or-nothing bets, reverse or group hedging, external signal or challenge-passing services, account sharing and coordinated trading are prohibited.