Perps firms comparator

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

British Virgin Islands

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.

Simulated capital using Hyperliquid prices and depth. Orders are not sent to the live venue.

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 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.

Instant: first request 120 hours after the first executed trade; thereafter, 120 hours after each received payout. Unlimited and Pro funded: on demand, without a waiting period or cooldown.

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.

Native USDC payouts on Arbitrum One, subject to available public-pool funds. Requests may queue when liquidity is unavailable. Close positions and cancel orders before requesting.

No published cap: you claim your net closed profit.

Instant: 5% of initial capital gross per payout. Each request resets the balance to initial capital; excess above the cap is forfeited on settlement. Partial withdrawals are unavailable. Unlimited and Pro: no such cap.

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

Instant: 1% of initial capital gross. Unlimited and Pro funded: USD 25 gross.

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

BTC, ETH and SOL: up to 10:1. Other crypto: up to 2:1.

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.

Hourly funding using Hyperliquid rates.

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

• 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.

• 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 floor based on initial capital; it does not trail profits or decrease after payouts. Checked against equity, including open P&L, fees and funding.

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.

Free USD 5,000 demo, one at a time.

After a loss-limit breach or Instant expiry, unrequested funded profit loses payout eligibility. Amounts reserved for previously submitted requests are not automatically forfeited.

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

Based on the opening balance at 00:00 UTC, after funding. Payout reserves and returns adjust cash and the daily floor equally.

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

Instant: USD 50,000 across unexpired accounts and pending purchases; up to USD 50,000 active. Standby accounts count and archiving does not free capacity. Unlimited and Pro: no evaluation allocation cap; up to USD 200,000 combined funded and active. Separate limits; a passed evaluation waits until capacity is available.

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

No time limit.

Instant: expires 90 days after first activation, even without trading. Unlimited and Pro: no expiration in evaluation or funded phases.

None: you can pass with a single trade.

No minimum.

Ice Points for eligible activity; the formula is variable and unpublished. 10,000 points: 5% discount; 18,000: 10% discount; 7,500: badge. Owner-bound codes, one use, valid for 90 days and non-stackable.

None.

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

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

Opposite positions in the same market across your accounts are prohibited.

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

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

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

Only between your own accounts. Copying between different users is prohibited.

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.

Overnight holding is also allowed when usable market data is available.

• 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

Account sharing, cross-account hedging, copying between users, latency arbitrage and tick-sniping. Breaches may lead to a ban; appeals through Discord.