Forex firms comparator

Algaroud Center, 2nd Floor, Office 101-05, Dubai, UAE

Singapore

Sean Bainton

James Glyde

United Arab Emirates

Singapore

2021

2024

Liquidity Provider

Not the classic free refund. It is the paid "Challenge Fee Refund" add-on (+10% of price).

• On passing the challenge, the fee is credited as profit balance on the funded account
• Not a refund to the card
• Available across all modes

• 1 Step Nano: up to weekly
• 2 Step Nano: bi-weekly
• Other products: 14 days

One Step Light

• Weekly payouts by default

Instant accounts

• Payouts every 7 calendar days

First Payout on Demand (add-on +10%)

• Request the first payout as soon as all eligibility requirements are met
• The selected payout interval applies after the first payout

Frequency (default and with add-on)

• Monthly: every 30 days (standard)
• Bi-weekly: every 14 days (add-on from +15%)
• Weekly: every 7 days (add-on from +30%)
• On Demand: no waiting interval between eligible payouts (add-on +50%)

Personal limit

• Only one payout every 7 days per trader, even across multiple accounts, except where an applicable on-demand benefit overrides the interval

Payouts processed within 24 business hours (Mon 9 AM – Fri 5 PM Dubai time). If they miss this window you automatically receive a 100% profit split on that payout (no Blue Guardian cut). Delays caused by compliance checks, risk reviews or pending KYC do not qualify.

• Manual review within 2 business days
• Sent within 2 business days after approval
• Total: paid within 7 days of request

2 Step Nano: 2% of the initial balance per payout ($500 on $25K, $1,000 on $50K, $2,000 on $100K and $4,000 on $200K).

One Step Light

• First payout cap: 3% of balance
• The cap increases by 1 percentage point after each payout, up to 6%

Other challenge-funded accounts

• First payout cap: 6% of balance
• The cap increases by 2 percentage points after each payout

Instant accounts

• First payout: 3%
• Second payout: 4%
• Third payout: 5%
• Fourth payout onwards: 6%

Hard cap

• $5,000 per payout (always, even if the percentage allows more)

$100 in crypto, $500 via Rise (bank transfer). On 1 Step Standard and Instant accounts, once you reach 6% profit and the trailing drawdown locks at breakeven, a 1% buffer must remain in the account.

Minimum by mode (% of balance)

• One Step Light: 1%
• Instant: 1%
• Consistency: 1%
• Endurance: 2%
• Classic: 3%

Minimum by method

• Rise / Skrill / USDT: $50

Rise

• Payouts under $500: $25
• Payouts of $500 or more: free

USDT / USDC

• $2.50 per payout

Skrill

• Subject to Skrill exchange rates

Standard

• Up to $5M exposure: 1:30
• $5M to $10M: 1:15
• Over $10M: 1:10

With Extra Leverage add-on

• Up to $5M exposure: 1:50
• $5M to $10M: 1:20
• Over $10M: 1:10

• Evaluation: 20:1
• Funded: 10:1

• Up to $250K exposure: 1:20
• $250K to $500K: 1:10
• Over $500K: 1:5

• Evaluation: 20:1
• Funded: 10:1

• Up to $100K exposure: 1:20 (1:25 with add-on)
• Over $100K: 1:5

• Evaluation: 20:1
• Funded: 10:1

• Up to $500K exposure: 1:20 (1:25 with add-on)
• $500K to $1M: 1:10
• Over $1M: 1:5

• Up to $100K exposure: 1:2 (1:3 with add-on)
• Over $100K: 1:1

Indices, crypto and energies are commission-free at all ranks. Forex and metals start at $6/lot and drop to $0 at Rank 6.

Paid add-on (10% of challenge price).

• Replaces swaps with a fixed daily admin fee
• 3-day grace period before the first charge
• Must be selected at checkout (cannot be added later)

Instant accounts from 19 August 2026

• Extra Max Risk: +1%, raising the limit from 1% to 2% (20% of base price)
• Extra Max Loss: +1% to the selected drawdown type (20% of base price)
• Extra Profit Share: +10 percentage points (20% of base price)

Standard challenges: benefits and rules

• Extra Profit Share: +10 percentage points across all ranks (20% of base price)
• Extra Max Loss: +1% to max loss (20% of base price)
• Extra Daily Loss: +1% to daily limit (10% of base price)
• Skip Minimum Trading Days: removes the minimum-day requirement (10% of base price)

Standard challenges: time and money

• Swap-Free: replaces swaps with fixed administration fees (10% of base price)
• Challenge Fee Refund: credits the paid challenge fee as funded-account profit after passing (10% of base price)
• Extended Time Limit: 180 days (+5%) or 360 days (+10%)

Standard challenges: payouts

• First Payout on Demand: removes the wait for the first eligible payout (10% of base price)
• Bi-weekly payouts: 14-day interval (from 15% of base price)
• Weekly payouts: 7-day interval (from 30% of base price)
• On Demand payouts: removes the waiting interval for every eligible payout (50% of base price)

Bundle discount

• Buying three or more qualifying add-ons applies a 20% discount to every qualifying add-on
• Extended Time Limit and payout interval add-ons (Bi-weekly, Weekly and On Demand) are excluded and do not count towards the three
• The bundle discount can be combined with a promotion code applied to the base account

Simple Scaling (all funded accounts since 9 April 2026).

• Level up after 4 payouts or upon reaching the 12% scaling target
• Scaling increment by rank: 10% to 40% of initial balance
• Instant accounts do not scale

• Instant, Guardian X, 1 Step Standard, 1 Step Nano, 2 Step Pro, Crypto: Trailing
• 1 Step Pro, 2 Step Standard, 2 Step Classic, 2 Step Nano, 3 Step: Static

Instant accounts from 19 August 2026

• Equity Trailing: 6% at Rank 1, 7% from Rank 2
• EOD Trailing: 5% at Rank 1, 6% from Rank 2
• Payout Trailing: 4% at Rank 1, 5% from Rank 2

One Step Light

• Challenge: 4% End-of-Day trailing Max Loss on $5K to $50K; 3% on $100K and $150K
• Simulated Funded Account: 4% End-of-Day trailing Max Loss on every size
• Based on the End-of-Day high-water mark
• Experience Program rank benefits do not increase it

Standard 1-stage trailing

• 8% Balance Trailing Max Loss
• Rank 2+: 9%

Standard 1-stage static

• 6% Static Max Loss
• Rank 2+: 7%

Standard 2-stage static

• Classic: 9% (10% from Rank 2)
• Endurance: 8% (9% from Rank 2)
• Consistency: 8% (9% from Rank 2)

Add-on

• Extra Max Loss: +1% to the selected max loss type

• Existing 1, 2 and 3 Step programs: 85%
• 1 Step Nano and 2 Step Nano: up to 100%
• Instant: 80%
• Instant Starter: 90%
• With add-on: 90%

By rank (Experience Program)

• Rank 0: 70%
• Rank 1: 75%
• Rank 2: 80%
• Rank 3: 85%
• Rank 4: 90%
• Rank 5: 95%
• Rank 6: 99%

Extras

• Extra Profit Share add-on: +10% across all ranks
• Loyalty program: up to 109% total

Based on highest value between balance and equity

One Step Light

• No Daily Loss limit

Other Standard challenges

• 3%, calculated from the previous End-of-Day reference using the higher of balance or equity
• Rank 4+: 4%
• Extra Daily Loss add-on: +1 percentage point

Funded accounts (from challenges)

• Up to 5 accounts
• Max $300,000 combined

Instant accounts

• Up to 3 accounts
• Max $300,000 combined

Challenges

• No limit

Capital earned through scaling is exempt from these limits.

Same-type funded accounts can be merged up to $400,000 ($200,000 cap on Instant). Cross-merging different types (e.g. 2 Step Standard with 2 Step Pro) is NOT allowed. Both accounts must be at break-even (no profit, no loss) at merge time. Beyond the merge cap, the Scaling Plan can take total allocation up to $2,000,000. Guardian X and Instant accounts are NOT eligible for scaling.

Allowed to merge two funded accounts, provided all of these conditions are met.

• Same mode (Classic with Classic, Endurance with Endurance, Consistency with Consistency)
• Same currency
• Identical add-ons
• No open positions
• Instant accounts cannot be merged

No limit

Accounts from 9 April 2026 (per stage)

• 90 days (standard)
• 180 days (add-on +5%)
• 360 days (add-on +10%)

Earlier accounts

• 365 days per stage

1 Step Nano: no minimum during the evaluation; 5 days when funded.

One Step Light

• No minimum trading days during the challenge; it can be passed in one trading day

Classic

• 3 trading days per stage (a day = at least one close)
• Removable with the Skip Minimum Trading Days add-on

Endurance / Consistency

• No minimum days: each uses its own sustainability standard

• Instant, 2 Step Standard, Guardian X: 5 days with 0.5% profit or more
• 1 Step, 2 Step Classic, 3 Step, Crypto: 3 days with 0.5% profit or more
• 2 Step Classic: 4 days with 0.5% profit or more

One Step Light

• No Profitable Days requirement during the challenge
• 4 Profitable Days are required for each payout
• Each Profitable Day requires the End-of-Day balance to increase by at least 0.25% of the initial balance compared with the previous End-of-Day reference

Endurance

• One-stage: 4 Profitable Days
• Two-stage: 3 Profitable Days per stage
• The applicable requirement must also be completed for each payout
• Each Profitable Day requires the End-of-Day balance to increase by at least 0.5% of the initial balance compared with the previous End-of-Day reference

Instant accounts from 19 August 2026

• 5 Winning Days before a payout
• Winning Day = close with ≥0.5% from the start-of-day balance and above the initial account balance

Earlier Instant accounts

• 5 Winning Days before a payout
• Winning Day = close with ≥0.25% and above the initial account balance

Experience Program: earn XP through milestones and climb ranks (0 to 6).

• Pass challenges, receive payouts, scale accounts, complete quests
• Rank raises profit split, lowers commissions, grants more drawdown and leverage
• Consistency Mode earns double XP on most milestones

Allowed on all accounts, with your own strategy.

• cTrader Automate (cBots), plugins, Open API
• Trade copiers between your own accounts (TradersConnect, Duplikium, Heron, Tradesyncer)
• Forbidden: bots purchased from marketplaces (MQL5, cBot market)
• Forbidden: HFT and latency scalping

Hedging is allowed within a single account. Hedging across multiple accounts (yours or others') is NOT allowed.

Allowed

• Same instrument within one account
• Correlated instruments within one account

Forbidden (toxic trading)

• Same instrument across two or more accounts
• Correlated instruments across accounts
• Hedging with another PipFarm user

Minimum holding time of 2 minutes. Trades closed in under 2 minutes are flagged as tick scalping and count as a rule violation, whether closed manually or by automated systems. Average trade duration should stay above 1–2 minutes. Scalping itself is allowed as long as you stay above the 2-minute floor.

One Step Light

• Challenge Max Risk: 2%
• Simulated Funded Max Risk: 2%
• Absolute at both stages: reaching the limit closes open positions and breaches the account immediately
• No strikes, escalation or Pip Protector

Standard Simulated Funded Accounts

• Max Risk: 2%
• Pip Protector closes open positions and records a Strike when the limit is reached
• Strike 1 halves the limit; Strike 2 halves it again and permanently reduces the profit share by 50%; Strike 3 breaches the account
• Pip Protector does not apply during the challenge stages

Instant accounts from 19 August 2026

• Max Risk: 1% of starting balance
• Extra Max Risk add-on: raises it to 2%

Earlier Instant accounts

• Keep the Max Risk limit assigned when purchased

Manual copy trading is allowed ONLY between accounts legally owned by the same person (e.g. between your own Evaluation and Funded accounts, or between your Blue Guardian account and external accounts in your name). NOT allowed:

• Copying trades from other traders' accounts.
• Third-party copiers that involve accounts not legally yours.
• Having a third party manage your trades.

Instant Funding users may also use third-party copiers, provided all accounts belong to the same user.

• Between your own accounts: allowed (even to/from external brokers or prop firms)
• Copying another trader: forbidden
• Following signals or external services: forbidden

News trading is allowed on Challenge, Guardian X and Instant Starter.

It is NOT allowed on Instant Standard and Funded accounts. On those, do not open or close trades within 5 minutes before or 5 minutes after a red folder (high-impact) release. Profits made during that window or significantly influenced by the news will be removed, even without an account violation. Same 5-minute window applies around FOMC speeches, statements and news events on Funded accounts.

Note: Instant Standard accounts purchased after November 13, 2025 cannot do news trading at all.

30 days

• You must close at least one trade every 28 days
• Trade size and duration are irrelevant
• Email warning 3 days before the deadline

Consistency rule applies to: 1 Step Nano evaluation and funded (50%), 2 Step Nano funded (50%), 2 Step Pro funded (25%), Guardian X and Instant Standard funded (20%), Instant Starter funded (15%), $300K and $400K Instant funded (15%).

Does NOT apply to: 2 Step Nano evaluation, 1 Step Standard, 1 Step Pro, 2 Step Standard, 2 Step Classic, 3 Step funded accounts, nor to any other challenge phase.

Calculation: a single trading day cannot equal or exceed the threshold of total profits in the payout cycle. If exceeded, the payout button is blocked until the highest day drops below the threshold. Violating it does NOT terminate the account.

One Step Light

• Challenge: no Consistency Score requirement
• Simulated Funded Account: Consistency Score ≤40% to qualify for each payout

Consistency Mode: new checkout

• Consistency Score ≤40% across all formats
• Required to pass the challenge and qualify for payouts

Instant accounts from 19 August 2026

• Equity Trailing: ≤30%
• EOD Trailing: ≤25%
• Payout Trailing: ≤20%

Earlier Instant accounts

• Consistency Score ≤25%

Classic / Endurance Simulated Funded Accounts

• Consistency Score ≤50% to qualify for payouts
• Does not apply during challenge stages

• Platform or data freezing exploits (using a Demo Server error).
• Use of delayed data feed or trading on delayed charts.
• Tick scalping (trades closed under 2 minutes), high-frequency trading, arbitrage bots.
• Reverse arbitrage, latency arbitrage, hedge arbitrage and any emulators.
• Hedging between accounts (within one account is fine).
• Password changes (the password sent by email is the only one accepted).
• Gambling: any trading where margin usage exceeds 80% on running trades.
• Shared devices, VPS or accounts: each trader must use only their personal device. Shared usage across accounts results in payout disqualification, suspension or termination.
• Bypassing copy-trading or signal-trading rules using VPN/VPS.
• Account inactivity: at least 1 trade every 30 days (otherwise breach).

• High-frequency trading (HFT)
• Latency tick scalping
• Copying another trader or following signals
• Group trading / coordinated orders
• Account passing services (third parties trading for you)
• Cross-account hedging (same or correlated instruments)
• Account churning (buying many challenges to force a random pass)
• Artificial trades to manipulate rules without genuine intent