Perps firms comparator
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57 differences
No active discount right now.
No active discount right now.
Craigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin Islands
Registered office: 9 St. Clair Road, Salisbury, England, SP2 8AE
British Virgin Islands
United Kingdom
2026
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.
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 refund for failing or breaching an account. Exceptions for duplicate charges, payment errors, non-delivery and applicable statutory rights.
Cashed intends to cover standard network fees where practical; exceptional costs disclosed in advance
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.
Standard, Flex and Build Your Own: on demand, with closed net profit and no open positions or orders. Instant: first payout after 1% closed net profit, without a waiting period; then every 48 hours. One pending request at a time. Shared-account payouts go to the owner.
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.
While the market remains tradable
No published cap: you claim your net closed profit.
Instant: first gross distribution capped at 5% of starting capital
$30 per claim. The training mode page says $50.
20 USDC net to the trader
5:1 on BTC and ETH; 2:1 on other cryptos.
BTC, ETH and SOL: up to 10:1. Major crypto: up to 5:1. Others: 2:1. The lower account or market limit applies.
5:1 on SPY; 2:1 on SOXL and KORU.
Positions pay a 12% annual borrowing fee on every market, deducted from the net result.
Recurring funding payments are not currently debited or credited; displayed rates are reference data
No resets for sale. The Account Revival add-on revives the evaluation once.
The rulebook provides for account resets and upgrades; only the owner purchases them on shared accounts. Pricing is not published.
- 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.
No automatic scaling: to trade more capital you pass more evaluations.
Level 1: 3 payouts and 10% lifetime net profit, capital at 125% of its original amount and split up to 85%. Level 2: 6 payouts and 20%, capital at 150% and split up to 90%. Each qualifying payout may require a 1% gross distribution of current capital. $500,000 aggregate cap; a higher starting split is not reduced.
- 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 against starting capital and enforced on equity, including floating losses. It does not rise with profits or reset after payouts. Touching the floor breaches the rule.
80%, or 90% with the 90/10 Profit Split add-on. The split is fixed when the rewards account opens.
Free training mode with no expiry, on the same terminal and markets as the evaluation. No card needed.
Measured from equity at the 00:30 UTC daily reset. Hitting it closes positions and permanently closes the account.
At 00:00 UTC, the percentage applies to the greater of starting capital and closed balance. Floating losses and costs count. A paid payout resets the allowance for the rest of the day using the remaining balance; the withdrawal is not a trading loss.
Up to 5 rewards accounts at once, up to $50,000 each: $250,000.
One active evaluation at a time (or one order pending payment) and up to 5 rewards accounts. One user account per person.
Unlimited evaluations; up to 2 active Instant accounts. The funded-capital cap includes Instant, scaling and shared capital attributed to each member.
No time limit.
No evaluation time limit; inactivity rules apply
None: you can pass with a single trade.
0 days in evaluation and funded accounts
100 XP = $1 account credit. Accounts with up to $10,000 capital may be paid entirely with XP. Above that: up to 50% of the price after coupons. Not withdrawable as cash.
None.
Bots and automation are forbidden unless pre-approved in writing, although the docs publish an API to trade the evaluation by code.
Bots and algorithmic execution allowed, subject to API limits; spam, overload and latency exploitation prohibited
Using a VPN or proxy to hide your location is forbidden: account closure with no refund.
Privacy or security use allowed; not to bypass restricted jurisdictions, sanctions, bans or account controls
Within the same account where supported by the engine. Coordinated opposite positions across accounts to guarantee passing or payouts prohibited.
Tick scalping and holding positions under one minute on average are forbidden.
No minimum holding time; exploiting stale prices prohibited
Martingale, grid and averaging down to exploit drawdown limits are forbidden.
No fixed risk-per-trade percentage or per-position margin-percentage cap; available margin, leverage, market limits and account-loss limits still apply. Up to 100 simultaneous positions in CAS-1.0.
Copying trades from another account, signals or social trading platforms is forbidden.
Between owned accounts and through the authorised built-in copier. One source per destination, no chains; unavailable on shared accounts. Never share credentials.
Trading exclusively or mostly around major news to exploit spread widening is forbidden.
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.
Possible closure after 90 consecutive days without trading in evaluation, funded and Instant accounts
Overnight and weekend holding allowed while the market remains tradable
- 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
Latency, stale-price, technical-error or impossible-fill exploitation; coordinated risk-free cross-account hedging, abusive account farming, wash trading, spoofing, manipulation, API-limit evasion and third-party management outside authorised features.





















