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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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  • Only the differences in one click
  • Link to the written comparison
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Head to head

60 differences

No active discount right now.

Headquarters

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

Bahnhofstrasse 21, 6300, Zug, Switzerland

CEO
No data

Alan Sanchez

Country

British Virgin Islands

Switzerland

Foundation
No data

2022

Banned Countries
US, CN, HK, MO, CU, IR, KP, SY, RU, BY, VE, MM, SD, AF
No data
Assets
Crypto, Stocks, Indices, ETFs, Commodities
Crypto
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.

Bybit
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
Platforms
Propietary Platform
ByBit
Payout Methods
Crypto
Crypto, Transfer
Payment Methods
Card, Crypto
Card, Crypto, PayPal, ApplePay, GooglePay
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.

1-Phase and 2-Phase: after at least 15 traded days or every 30 calendar days; the Weekly Payout add-on reduces this to 7 traded days. Break: on demand with no minimum traded days after passing, paying the activation fee and meeting the 40% consistency rule. Instant: Withdrawal & Upgrade at 10% profit with no minimum days; earlier withdrawals follow the standard conditions.

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.

No data
Crypto Weekend Trading
No data
Yes
Maximum Withdrawal

No published cap: you claim your net closed profit.

No data
Minimum Withdrawal

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

No data
Metals
5:1
No data
Energies
5:1
No data
Indices
5:1
No data
Stocks
2:1
No data
Crypto

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

Up to 100:1, depending on the instrument and the limits available on Bybit.

ETFs

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

No data
Metals
0
No data
Energies
0.045%
No data
Indices
0.035%
No data
Stocks
0.045%
No data
Crypto
0.045%
No data
ETFs
0.045%
No data
Commission
No data

Bybit evaluations use the native fees of the trader's connected Bybit account. Fees vary by trading pair, maker/taker status and volume tier. Crypto Fund Trader does not add a markup.

Swap Free
No

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

No
Account Reset
No

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

Yes

Resets apply only to suspended Final Stage accounts from 1-Phase and 2-Phase evaluations. Every trade must have used a stop loss, no trade may have risked more than 2%, and the reset must be requested within 30 calendar days.

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

1-Phase: Weekly Payout (+20%) and 90% Profit Split (+20%). 2-Phase: Weekly Payout (+20%), 90% Profit Split (+20%), 6% Daily Drawdown (+15%) and 12% Maximum Drawdown (+25%).

Instant
No
Yes
One Step
Yes
Yes
Account scaling
No

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

Yes

Instant accounts can double in size after reaching 10% simulated profit and requesting a Withdrawal & Upgrade. They can scale up to $1,280,000.

Two Steps
Yes
Yes
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.

1-Phase and Break use a balance-based trailing loss limit that locks at the initial balance after sufficient profit. 2-Phase and Instant use fixed maximum-loss limits. Exact percentages are shown in each challenge.

Profit Split

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

1-Phase, 2-Phase and Break start at 80%; 1-Phase and 2-Phase can select a 90% add-on. Instant starts at 50% and increases through its scaling levels.

Free Trial
Yes

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

No
Daily Drawdown

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

Daily drawdown is calculated from equity using the account balance at 00:05 UTC. Break accounts do not have a separate daily-loss limit. Exact limits are shown in each challenge.

Three Steps
No
No data
Max Allocation

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

Standard Final Stage allocation is capped at $300,000. Instant accounts are separate and can scale to $1,280,000. Break accounts also have a separate allocation limit.

Maximum Accounts

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

No data
Merge Accounts
No data
No
Maximum Trading Days

No time limit.

Unlimited.

Minimum Trading Days

None: you can pass with a single trade.

No minimum trading days to pass 1-Phase, 2-Phase or Break evaluations. Instant has no evaluation phase.

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

Expert Advisors and automation are allowed when used for normal trading. EAs designed for high-frequency trading, tick scalping, arbitrage, reverse trading or exploitation are prohibited.

VPN
No

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

Yes
Hedging
No data
No

Hedging and opposite positions across accounts are prohibited. To reverse direction on the same instrument, existing opposite positions must first be closed and the applicable timing rules respected.

Requires Stop Loss
No data
No
Scalping
Limited

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

Limited

Normal scalping is allowed. Tick scalping, high-frequency trading and latency exploitation are prohibited.

Stacking / Layering (DCA)
No data
Yes
Martingale
No

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

No data
Maximum Risk Limit
No data
Yes

Simulated profit is capped at $10,000 per trading day and per trade. Trades closed in parts or opened together as one strategy may be treated as a single trade.

Copy Trading
No

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

Limited

Break evaluations may be copied only between the same trader's own Break accounts. Copy trading is prohibited in Break Final Stage and between different traders, third parties or coordinated accounts.

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
Limited

Only Break Final Stage accounts apply a consistency rule: no single trading day may represent more than 40% of total profits. It is checked only when requesting a payout and does not breach the account.

Hold Weekend
No data
Yes

Crypto futures trade 24 hours a day, 7 days a week, and positions may remain open overnight and over weekends.

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

High-frequency trading, tick scalping, latency or price-feed exploitation, arbitrage, gambling or all-in trading, abusive hedging, reverse trading across accounts, coordinated trading, unauthorized deposits into the Bybit subaccount, modifying or disconnecting the API, spot trading, options and non-USDT pairs are prohibited.

Overnight positions
No data
Yes
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