Crypto firms comparator

Registered address: Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands

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

Louis Regis

Jakub Zeliska

British Virgin Islands

United Arab Emirates

2023

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 withdrawal fee

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

On demand, with no minimum waiting period. Close all positions and withdraw all profit; balance returns to its initial amount.

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.

Within 24 hours

No limit

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.

20 USDC

$45 after applying the selected profit split.

Live Hyperliquid order book and market data

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: 8:1. Other commodities: 5:1.

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

CL and Brent: 8:1. Other commodities: 5:1.

WTI and Brent crude: up to 8:1

SP500 and XYZ100: 10:1. Other indices: 5:1.

Index perpetuals: up to 10:1

Stock and ETF perpetuals: up to 4:1

BTC, ETH and SOL: 10:1. Others: 2:1.

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.

Not available

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.

Target checked on equity, including floating profit.

Targets checked on equity. Balance carries over to the second step.

One step: fixed floor from the starting balance. Two steps: trails the highest equity, including floating profit, and stops at the starting balance. After a payout, balance and limits return to their initial reference.

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

Free terminal demo; passing it does not grant funding.

No payouts from accounts that have breached a limit.

Each plan's percentage of balance at 00:00 UTC. Enforced on equity, including floating P&L; touching either limit permanently closes the account.

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.

Multiple evaluations and funded accounts under one profile. The aggregate limit applies to initially allocated capital.

No time limit

Unlimited.

No minimum

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

Points earned on purchases, distributed on Fridays at 18:00 UTC. They are retained even if the evaluation breaches a limit.

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.

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.

Bots and agents allowed. They must not impair platform stability. On funded accounts, bots identical to other users' bots or without customization may be considered coordinated trading.

Allowed without bypassing geographic restrictions; actual identity and residence must match KYC.

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

Allowed within one account. Prohibited across Propr accounts or with external CEX/DEX accounts to eliminate risk.

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.

No fixed risk percentage per trade. Notional limits per asset and order appear in Asset Universe. Limits tied to open interest may change and Propr may require position reductions.

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.

Copying from an external account into one Propr account is allowed. Evaluation terms prohibit copying between your own accounts, although the website and rulebook allow it. Coordination to exploit limits is prohibited.

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.

Bug or latency exploitation, wash trading, collusion, account sharing, identity fraud, repeated evaluation purchases as bets, and manipulation of payout/drawdown interactions.

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.

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