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Comparator

Futures firms comparator

Pick two prop firms and see them side by side: rules, plans, platforms, leverage, commissions and payouts, next to each one's discount.

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47 differences

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Headquarters

7901 4th St N Ste 300, St. Petersburg, FL 33702, United States

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Country

United States

United Arab Emirates

Foundation
No data

2025

Banned Countries
AF, AL, DZ, AD, AO, BS, BB, BY, BA, BW, BG, MM, BI, KH, CF, CN, CI, CU, CD, EC, ET, GE, GH, IS, ID, IR, IQ, JM, XK, LA, LB, LR, LY, MY, MU, MN, ME, MA, NI, KP, PK, PA, PG, RU, RS, SO, SS, LK, SD, SY, TT, TN, TR, UG, UA, VE, VN, YE, ZW
Afghanistan, Albania, Angola, Bahamas, Barbados, Botswana, Burkina Faso, Myanmar, Burundi, Cambodia, Cameroon, Central African Republic, Ivory Coast, Region of Crimea, Democratic Republic of the Congo, Ecuador, Ethiopia, Ghana, Gibraltar, Iraq, Jamaica, Laos, Liberia, Mali, Mongolia, Mozambique, Namibia, Nicaragua, Nigeria, North Korea, Panama, Papua New Guinea, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Tanzania, Trinidad and Tobago, Uganda, Venezuela, Vietnam, Yemen, Zimbabwe
Assets
Indices, Commodities, Metals, Forex, Agriculture
Equity Index Futures, Currency Futures, Metal Futures, Energy Futures, Agricultural Futures, Crypto Futures, Interest Rate Futures
Payout Fee
No data

Rise: $35

Platforms
Rithmic, RTrader Pro, WealthCharts, DeepCharts, Volumetrica, TradingView, Tradesea, MotiveWave, Bookmap, Sierra Chart
TradingView, DeepCharts, DeepDOM, Volumetrica, ATAS, TradeSea
Payout Methods
Rise, Dots
Rise, Crypto
Live Account
Yes

After the three Ascension cycles you move to a Live account with Midgard's real capital, starting at $1,000 to $4,000 by size. Minimum balance: 30% of the highest end-of-day balance, which only rises; if equity touches it, the account is liquidated. No targets or payout caps. It requires extra verification (proof of address, phone and tax ID) and the trader pays their own market data.

Yes

Standard programs use simulated accounts.

Top performers may be selected for a tailored Live Analyst plan.

Payment Methods
Card, PayPal
Card, Crypto, PayPal
Payout Frequency
  • Raid: once per CME session; after a payout, wait for the next session (6 PM ET).
  • Conquest: after 5 days at the minimum daily profit ($200, $250, $300 and $350 by size) and total profit of at least 5 times that minimum.
  • Ascension: one bounty each completed cycle.
No data
Payout Guarantee

Paid as soon as you confirm an eligible request. It can be held while your latest fills are checked (about 15 minutes) or while the account is under review.

No data
Maximum Withdrawal
  • Raid Light Armor: $1,000, $1,500, $2,000 and $2,500 per request (25K to 150K).
  • Raid Plated: $10,000 per request on every size.
  • Conquest: up to 50% of profit, capped at $1,000, $1,500, $2,000 and $2,500 on Light Armor and $2,500, $5,000, $7,500 and $10,000 on Plated.
  • Live: no cap.
  • 25k account: $1,100
  • 50k account: $2,000
  • 100k account: $3,000
Minimum Withdrawal

$250 per request on Raid and Conquest. Ascension pays fixed bounties.

  • Beginner and HYPER: $250
  • Instant Pro Plus and Instant Flex: 1% of the starting balance
  • Instant Pro Plus Max: $500 / $750 / $1,000 for 25K / 50K / 100K
Other Payout Requirements
  • KYC with Sumsub (ID and facial check) before the first payout.
  • Payouts go through Rise or Dots, which ask for their own onboarding and tax forms.
  • Microscalping: at most 50% of trades or profit since the last payout can come from trades under 12 seconds.
  • Raid: the buffer must stay intact after each payout.
  • Light Armor: you can only withdraw profit made since the last payout. Plated: the same, but only after a payout taken while profit was above the cap.
No data
Commission
No data

Round-trip commissions vary by instrument.

The official instrument table publishes the exact round-trip cost for each contract.

Account Reset
Yes

Up to 3 resets per Trial account, bought manually. They restore the starting balance and erase the account history. Non-refundable.

No data
Add-ons
Yes

PLAT End-of-Day Drawdown boost: a Trial bought with it trails the highest end-of-day balance instead of intraday equity. Its price is not public.

Yes

Booster Tokens can erase eligible losses and restore account progress.

Instant
No
Yes
One Step
Yes
Yes
Account scaling
No data
Limited

Scaling is available on selected programs and account sizes.

The exact contract limits are shown in each challenge.

Max Drawdown

Intraday trailing: it follows the highest equity, unrealized profit included. On the Trial it locks at the profit target. Once funded it locks at the starting balance when profit reaches the buffer, which equals the drawdown. Losses and payouts reduce it dollar for dollar; at zero the account fails.

  • Beginner and Beginner Max: trailing End-of-Day drawdown
  • HYPER Intra: intraday trailing drawdown
  • HYPER Lite and HYPER Pro: trailing End-of-Day drawdown
  • Instant Pro Plus and Instant Pro Plus Max: trailing End-of-Day drawdown
  • Instant Flex: 4% intraday trailing drawdown; it moves to break-even after the first payout
Profit Split

80% on Raid and Conquest. Ascension pays fixed 100% bounties.

  • Beginner, HYPER and Instant Pro Plus: 90%
  • Instant Pro Plus Max: 70%
Free Trial
No data
No
Daily Drawdown

No daily loss limit.

  • Beginner: soft daily loss pause
  • Beginner Max: hard daily loss breach
  • HYPER Intra, Lite and Pro: no daily loss limit during evaluation or simulated funded phase
  • Instant Pro Plus: soft daily loss pause
  • Instant Pro Plus Max: hard daily loss breach
  • Instant Flex: no daily loss limit
Max Allocation

Up to 5 active accounts at once, Trial or funded: $750,000 with five 150K accounts.

1,000,000
Mandatory buffer
Limited

Raid only: the buffer equals the account drawdown and only profit above it can be withdrawn. Conquest has no buffer.

Limited

Beginner Max requires clearing a buffer before the first payout. The standard Beginner account has no buffer requirement.

Maximum Accounts

5 active accounts at once and no more than 20 new funded accounts in any 30 days.

  • Beginner Max: up to 10 accounts
  • Instant Pro Plus Max: up to 10 accounts
  • Standard programs, HYPER and Instant Flex: up to 3 accounts
Maximum Trading Days

No deadline, but you must trade at least once every 28 days.

  • Beginner Max: 30 days to pass the evaluation
  • Beginner and HYPER: no evaluation time limit
Minimum Trading Days
  • Trial: 3 days on Light Armor and 5 on Plated.
  • Ascension: 5 days per cycle, not necessarily in a row.

Beginner and HYPER have no additional minimum trading days.

The profit targets and applicable consistency requirements must still be met.

Funded Phase Pricing Model

No activation fee on purchased accounts. Free accounts (100% code, gift or giveaway) may pay a one-time activation when moving to funded: $49 on Light Armor and $99 on Plated.

No activation fee.

Points Reward Program

PLAT: points for purchases, milestones and promotions, which can also be bought. They cannot be withdrawn, have no cash value and are reversed if the purchase is refunded.

HTP is Hyperticks' internal loyalty coin for community rewards, services and discounts.

Minimum Profitable Days
  • Conquest: 5 days at the minimum daily profit for its size.
  • Raid and Ascension: none.

The number of qualifying days depends on the program and payout.

  • Beginner: 5 winning days
  • HYPER: 5 winning days
  • Instant Pro Plus and Instant Pro Plus Max: 10 / 8 / 6 / 5 qualifying days from the first through fourth payout
  • Instant Flex: 6 qualifying days

The required daily profit varies by program and account size.

Position size scaling
No data
Yes
  • Beginner evaluation: contracts scale at 1:10.
  • Beginner simulated funded: contracts scale at 1:5.
  • HYPER: reduced contract limits apply in the funded phase.

Exact limits vary by program and account size.

Evaluation Phase Pricing Model

One-time fee per account, no subscription or rebills. You pick the platform at checkout.

One-time purchase.

  • No monthly subscription
  • No activation fee on the current catalog
Expert Advisor (EA)
No

Bots, AI execution and mass order entry are forbidden.

Limited

The trader must remain actively involved. The following are prohibited:

  • Fully automated bots
  • External execution APIs
  • External signal mirroring
VPN
No
No data
Hedging
No
No
Requires Stop Loss
No data
No
Scalping
Limited

Trades under 12 seconds count as microscalping and cannot exceed 50% of trades or profit. Tick scalping is forbidden.

Limited

Hyperticks considers repeated trades that are normally held for under 15 seconds and target fewer than 5 ticks to be prohibited microscalping.

Stacking / Layering (DCA)
No data
Yes

Scaling into positions is allowed within the program's contract limit. Splitting exposure across multiple instruments to bypass the applicable contract limit is prohibited.

Martingale
No
No data
Maximum Risk Limit
Yes

Contract limit by account size, in minis or micros.

Yes
  • Risk above 2% on a single trade idea is prohibited.
  • The contract limits of each account and program also apply.
Copy Trading
Limited

Only between your own Midgard accounts. Copying other traders or signal services is forbidden.

No
News Trading
Limited

Free on the Trial. Once funded, stay flat from 2 minutes before to 2 minutes after NFP, CPI and FOMC; other news is free.

Limited
  • No new trades from 5 minutes before until 5 minutes after a Tier 1 release.
  • Existing positions may remain open.
  • Stop-loss and take-profit levels cannot be modified during that window.
Inactivity Rule

At least one trade every 28 days, counted from purchase or the last reset. Otherwise the account is closed with no refund; they email about 5 days before.

No data
Consistency Rule
Limited

40% on the Trial only: the best day cannot exceed 40% of profit. You need the target or the best day divided by 0.4, whichever is higher. None once funded.

Limited
  • Beginner and Beginner Max evaluation: 35%
  • Beginner and Beginner Max simulated funded: 40%
  • HYPER Intra, Lite and Pro: no consistency rule
  • Instant Pro Plus and Instant Pro Plus Max: no consistency rule
  • Instant Flex: no consistency rule
Hold Weekend
No
No
Prohibited Strategies
  • Bots, AI or mass order entry
  • One- or two-tick tick scalping
  • Exploiting simulated fills: rapid-fire orders, gaps, slippage-free stops, tight brackets and auto-breakeven
  • Latency arbitrage or price errors
  • Hedging across accounts and opposite positions in correlated products (NQ and MNQ)
  • Martingale or averaging down
  • Copying other traders or trading for others
  • VPN, proxy or an external or slow data feed
  • Repeated microscalping
  • Fully automated trading
  • External signal mirroring
  • Price-feed, latency or fill exploitation
  • Simultaneous orders intended to manipulate queue priority
  • Hedging correlated instruments
  • Gambling or random trading
  • Risking more than 2% on one trade idea
  • Bypassing contract limits across instruments
Overnight positions
No

Everything is flattened automatically at 4:45 PM ET and you stay flat until the 6:00 PM ET reopen.

No
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