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Perps 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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  • Link to the written comparison
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Head to head

52 differences

No active discount right now.

5%off · Exclusive
Headquarters

Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands

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CEO
No data

Alex Miningham

Country

British Virgin Islands

United States

Foundation
No data

2023

Banned Countries
US, CN, HK, MO, CU, IR, KP, SY, RU, BY, VE, MM, SD, AF
Afghanistan, Belarus, Myanmar, Cambodia, Central African Republic, Cuba, Democratic Republic of the Congo, Ethiopia, Eritrea, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, Zimbabwe, Crimea, Donetsk, Luhansk
Assets
Crypto, Stocks, Indices, ETFs, Commodities
Crypto, Indices, Commodities
Brokers

No broker: in-house perpetuals terminal. Prices come from external feeds, but every order fills inside its own simulation, which controls pricing, execution and slippage.

Proprietary simulated engine using order book liquidity from external exchanges and market makers. Index and commodity prices come from Hyperliquid.

Refund
No

The fee and add-ons are non-refundable once the evaluation starts. Only if it cannot be activated due to a technical failure on their side, or if your local consumer law requires it.

No

No fee refund. Only active evaluations are refunded if KYC is rejected.

Platforms
Propietary Platform
Propietary Platform
Payout Methods
Crypto
Crypto
Payment Methods
Card, Crypto
Card, Crypto
Payout Frequency

No cycle: from 14 days after your first rewards account trade, whenever you like. All positions must be closed before claiming, and only one claim can be active at a time.

On demand, 24/7, from the first funded day. No open positions when requesting; the amount leaves the balance immediately and trading can continue.

Payout Guarantee

No guarantee with compensation. They pay in USDC through a smart contract within minutes once the reserve is ready; if a claim is held for review, you get a time estimate.

Approval within 12 to 24 hours, usually sooner. Paid in USDC (ERC-20) to the wallet provided.

Crypto Weekend Trading
No data
Yes
Maximum Withdrawal

No published cap: you claim your net closed profit.

No payout or profit cap.

Minimum Withdrawal

$30 per claim. The training mode page says $50.

USD 50, after the profit split.

Metals
5:1
5:1 - 10:1
Energies
5:1
3:1 - 5:1
Indices
5:1
10:1
Stocks
2:1
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Crypto

5:1 on BTC and ETH; 2:1 on other cryptos.

BTC 10:1; ETH, SOL, XRP, BNB, DOGE and other majors 5:1; HYPE, PEPE, NEAR and similar 3:1; others 2:1. Fixed, cannot be changed.

ETFs

5:1 on SPY; 2:1 on SOXL and KORU.

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Metals
0
0.02%
Energies
0.045%
0.02%
Indices
0.035%
0.02%
Stocks
0.045%
No data
Crypto
0.045%
0.04%
ETFs
0.045%
No data
Commission-Free Option
No data
No
Swap Free
No

Positions pay a 12% annual borrowing fee on every market, deducted from the net result.

No

Swap of 0.033% of notional per open position per day. On the Breakout terminal it is charged in six parts, every 4 hours.

Account Reset
No

No resets for sale. The Account Revival add-on revives the evaluation once.

No reset. After a breach, a new evaluation must be purchased.

Add-ons
Yes
  • 90/10 Profit Split: +10% of the price; raises the split from 80% to 90%.
  • Account Revival: +80% of the price; if you fail on drawdown, the evaluation is revived once with starting balance and stats.

A training mode promotion gives both free on your first evaluation.

Yes

90/10 split at purchase, permanent for that account. Cannot be added later.

Instant
No
No
One Step
Yes
Yes
Account scaling
No

No automatic scaling: to trade more capital you pass more evaluations.

No
Two Steps
Yes
No
Max Drawdown
  • 1-Step: static on the starting balance; it never moves.
  • 2-Step: measured from the highest equity the account reaches, rising with it.
  • Rewards account: the same percentage as the plan you passed, static on the starting balance; payouts do not move the floor.

Equity with open positions counts. Hitting it closes positions and permanently closes the account.

Static from the starting balance, also on funded accounts; it does not rise with profits. Measured against equity, including floating P&L: touching it closes positions and the account.

Profit Split

80%, or 90% with the 90/10 Profit Split add-on. The split is fixed when the rewards account opens.

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Free Trial
Yes

Free training mode with no expiry, on the same terminal and markets as the evaluation. No card needed.

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Daily Drawdown

Measured from equity at the 00:30 UTC daily reset. Hitting it closes positions and permanently closes the account.

Recalculated daily at 00:30 UTC from the closed balance at that time, excluding open positions, and monitored against equity. Requesting a payout widens that day's limit by the payout amount.

Three Steps
No
No data
Max Allocation

Up to 5 rewards accounts at once, up to $50,000 each: $250,000.

200,000
Maximum Accounts

One active evaluation at a time (or one order pending payment) and up to 5 rewards accounts. One user account per person.

Several evaluations and funded accounts at once, up to USD 200,000 combined across active accounts. Each account keeps its own limits.

Maximum Trading Days

No time limit.

No time limit.

Minimum Trading Days

None: you can pass with a single trade.

None. Once the target is hit, even with open positions, the account moves to funded after KYC and signing the agreement (12 to 24 hours).

Minimum Profitable Days

None.

No data
Expert Advisor (EA)
Limited

Bots and automation are forbidden unless pre-approved in writing, although the docs publish an API to trade the evaluation by code.

Limited

Third-party, off-the-shelf or pass-the-evaluation strategies are prohibited. Proprietary terminal only, no MetaTrader.

VPN
No

Using a VPN or proxy to hide your location is forbidden: account closure with no refund.

Limited

Allowed if it does not hide the real jurisdiction. KYC must be completed without a VPN.

Hedging
No data
Limited

Within one account, only once the open position has substantial profit or loss. Prohibited across accounts or with other traders: a first inadvertent case may get a warning; otherwise all accounts are closed.

Requires Stop Loss
No data
No
Scalping
Limited

Tick scalping and holding positions under one minute on average are forbidden.

No data
Martingale
No

Martingale, grid and averaging down to exploit drawdown limits are forbidden.

No data
Maximum Risk Limit
No data
Limited

No per-trade risk cap. Maximum size per instrument per the symbols page, with fixed leverage.

Copy Trading
No

Copying trades from another account, signals or social trading platforms is forbidden.

No

Copying trades between users and executing third-party ideas or signals is prohibited: communities, social media, analysts or reports.

News Trading
Limited

Trading exclusively or mostly around major news to exploit spread widening is forbidden.

Yes
Inactivity Rule

Evaluation: 30 consecutive days without logging in or open positions allow them to close the account. Rewards account: 30 days without a trade suspends it, and you ask support to reactivate it.

No data
Consistency Rule
No
No
Hold Weekend
No data
Yes

Overnight, weekends and holidays, with no forced close. Swap applies.

Prohibited Strategies
  • High-frequency trading and latency arbitrage
  • Statistical or correlation arbitrage
  • Tick scalping and trades under one minute on average
  • Grid, martingale and averaging down to exploit drawdown limits
  • Trading exclusively or mostly around major news
  • Exploiting pricing, data feed or platform errors
  • Copy trading and group trading with other traders
  • Manipulation, wash trading and front-running

Exploiting errors or latency, insider information, front-running, third-party or off-the-shelf strategies, switching strategy after passing, cross-account arbitrage, trades hard to replicate live (auto-deleveraging risk or extreme swings), copying others' ideas, account sharing or trading several accounts from the same household, device or IP, and hedging across accounts or traders. It leads to account closure and loss of profits.

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