Crypto firms comparator

Hong Kong

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

Gianluca Pizzituti

Jakub Zeliska

Hong Kong

United Arab Emirates

2025

2023

No standard fee refund after passing. The terms exclude refunds once the platform is accessed or the first trade is placed, except where required by law.

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.

Variable network fee, deducted from the withdrawal and shown when requesting it.

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

First, after 14 calendar days from the first funded trade and completion of the required profitable days. Then weekly on request. Paid in USDC or USDT.

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.

Processing within 24 hours of approval. Trading is halted during the preceding review, which may take longer during busy periods.

First and second withdrawals: capped at 20 times the challenge fee actually paid. The excess is forfeited. No cap from the third withdrawal. Full withdrawals only; the starting balance is restored afterwards without moving the drawdown floor.

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.

USD 100

$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.

Evaluation / funded: majors 50:1 / 30:1; minors 30:1 / 20:1; exotics 20:1 / 10:1.

Forex perpetuals: up to 25:1

Evaluation 6:1; funded 5:1.

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

Evaluation 6:1; funded 5:1.

WTI and Brent crude: up to 8:1

Evaluation 6:1; funded 5:1.

Index perpetuals: up to 10:1

Evaluation 5:1; funded 3:1.

Stock and ETF perpetuals: up to 4:1

Evaluation / funded: BTC 10:1 / 5:1; ETH and SOL 6:1 / 5:1; XRP, HYPE, DOGE, BNB, BCH, SUI, XAUT and ADA 3:1 / 2:1; remaining crypto 2:1 / 2:1.

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

Evaluation 6:1; funded 5:1.

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.

Overnight funding is 0.05% of notional, the same for longs and shorts. Crypto, stocks, indices and commodities: 00:30 UTC, including weekends. Forex: 21:00 UTC, triple on Wednesday and no separate Saturday or Sunday charge.

No resets or standard free retakes. A failed challenge requires a new purchase.

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.

Profit-share upgrade available at purchase. Variants and their prices are shown in the challenges.

No published scaling plan. Increasing capital requires additional accounts within the maximum allocation.

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 against each phase's starting balance, including funded accounts. It does not trail profits or move with payouts. Balance and floor reset at the start of the second phase. Equity reaching or falling below the floor, including floating losses, closes the account.

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

Free read-only DXtrade guest access to view instruments and prices, without trading. Sprint offers challenge prizes, with award-specific profit splits and payout caps.

Recalculated at 00:30 UTC from the higher of balance or equity at that moment. Floating profit can raise the reference; the resulting floor is monitored against real-time equity. Reaching or falling below it breaches 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.

One registered profile and verified identity. Multiple challenges and funded accounts may sit under that profile; each is assessed separately and results cannot offset one another.

No completion deadline; the inactivity rule still applies.

Unlimited.

Five qualifying days, not necessarily consecutive, per evaluation phase. The count resets on funding and must be met again before the first payout, but not subsequent payouts.

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

A qualifying day requires net realised profit of at least 0.8% of the starting balance. Days run from 00:30 to 00:30 UTC. Holding a position open does not add days.

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

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

Self-built or publicly available commercial EAs, bots and AI are allowed in evaluation and funded accounts. REST and WebSocket API included without fee or approval; no FIX or L2/L3 depth through the API. MT4/MT5 EAs need a bridge or adaptation. Private, exclusive or bespoke signals are prohibited.

VPNs, VPSs and IP changes are allowed. Only the verified owner may trade; access sharing remains prohibited.

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

Only within the same account. Cross-account, cross-platform and cross-firm hedging is prohibited, including via copiers. First offence involving one trade: trades closed and a one-time warning per user; multiple trades or repetition: permanent closure.

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

Optional. A triggered Stop Loss exits at market and may slip. Stop Limit orders are disabled.

Ordinary scalping is allowed; tick scalping, HFT and pricing or latency exploitation are prohibited.

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 general numeric per-trade cap. Leverage, equity limits and the ban on abusive risk still apply. Single stocks have per-company and total exposure limits published on the platform, with possible short restrictions.

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.

Only between accounts owned by the same trader. Public signal services and commercial EAs are allowed without subscriber coordination. Copying other people's accounts, third-party management and private, exclusive or bespoke signals are prohibited.

Macro news trading is allowed. For single stocks, close from 24 hours before to 24 hours after earnings and ex-dividend events. Close before other corporate actions announced at least one day in advance; reopen when normal trading resumes.

Deactivated after 30 calendar days without valid activity, counted from assignment or the latest trade close. A trade held at least 60 seconds qualifies; open positions pause the timer and pending orders do not count. One support-requested reactivation is available within six months; afterwards it may be treated as a hard breach.

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

No cap on a winning day's share of profit; qualifying-day requirements and prohibited strategies still apply.

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

Allowed, including forex. Single stocks may have size limits, weekend bans or mandatory out-of-hours closure by instrument. Equity limits and overnight costs continue to apply.

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

Martingale, grid, arbitrage, tick scalping, HFT, latency or error exploitation, private or bespoke signals, account sharing, insider information, coordinated risk elimination and account rolling. Abusive overleveraging, correlated overexposure and repeatedly adding to losing positions are also prohibited. Profits may be removed, payouts withheld or accounts closed.

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.