Perps firms comparator

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

Delaware, United States

British Virgin Islands

United States

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.

Simulated execution with real market data from Hyperliquid, Binance, Bybit, Lighter, Ostium and Veranta

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.

The fee is not refunded with payouts. An unused challenge can be refunded within 48 hours of purchase, minus a $25 fee.

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.

Select, Prime and Signature: one request per New York calendar day. Elite: on demand. Requests need all positions closed, are reviewed manually and lock trading while pending.

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.

Crypto trades 24/7, weekends included.

No published cap: you claim your net closed profit.

$100,000 lifetime cap across all accounts, counted after the split. Once reached you cannot buy new accounts, but active funded accounts keep paying out.

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

Select, Prime and Signature: $100 of gross profit. Elite: $50, $100, $250 or $500 depending on size.

Gold 10:1; silver, platinum, palladium and copper 5:1. Elite: gold 20:1

WTI and Brent 8:1; natural gas 5:1. Elite: oil 10:1

SP500, NAS100 and US30 12:1; JP225, QQQ and others 5:1. Elite: NAS100 and SP500 40:1, US30 25:1

From 2:1 to 5:1 depending on the stock

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

BTC 10:1, ETH 8:1, SOL 5:1, BNB 3:1; most altcoins 2:1

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

EUR/USD and USD/JPY 50:1; GBP/USD and AUD/USD 25:1

Per fill, same for maker and taker: crypto 0.03%, stocks, indices and commodities 0.005%, forex 0.0025%. Elite: 0.001% on NAS100, SP500, gold and WTI. Liquidations add a 0.1% penalty.

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

Fixed daily swap charged every hour on longs and shorts, instead of venue funding: crypto 0.03%, stocks, indices and commodities 0.015%, forex 0.005%.

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

No resets. After a breach you need to buy a new challenge.

• 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.

90% split: +20% of the price, only at checkout. Reduced Fee: halves commission and swap for 10% of the fee (min $10); not on Elite.

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, measured on equity, never trails. Select, Prime and Signature: the first payout locks the floor at the starting balance. Elite: the floor never moves.

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

80%. 90% with the checkout add-on.

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.

3% of the starting balance, from start-of-day equity including open positions. Resets at midnight New York time. Elite No DLL has none.

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.

No limit on purchases. Up to $100K in active evaluations and $100K funded per plan, and $300K funded in total. Elite No DLL: up to $250K bought in any rolling 7 days.

None: you can pass with a single trade.

None.

FP Points from purchases and tasks, redeemable for reward cases; they expire after 90 days. Payouts taken as store credit get +5%; store credit expires after 45 days.

Free trading competitions with funded accounts and reward cases as prizes.

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

Only through the official API (REST, WebSocket or MCP). Automation cannot be used for HFT or any other banned strategy.

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

Not to hide your identity or location or to bypass restrictions. Access through VPNs, datacenter IPs or remote desktops may be reviewed.

Hedging across accounts is banned. Each account can hold an instrument on only one venue at a time.

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

No minimum holding time. High-frequency trading is banned; up to 30 orders per minute and 250 per hour, half a second apart.

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

Exposure cap per market, shared by your accounts of the same plan and size (Elite: per account, up to 40x the balance in total). Up to 15 open positions and 20 pending orders; minimum order $10.

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

Built-in copy trading only between your own challenge accounts. Sharing accounts or copying other traders is banned.

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

Free in the evaluation. Funded: no new exposure from 10 to 2 minutes before high-impact news, and no manual trades from 2 minutes before to 2 minutes after. Stock earnings count too.

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.

Evaluation: at least one trade every 30 days. Funded: at least one trade every 7 days.

Yes on 24/7 markets such as crypto. On 23/5 markets, positions are closed automatically 15 minutes before Friday's close.

• 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

Cross-account hedging; group or coordinated trading; sacrificial accounts and account cycling; all-or-nothing evaluation gambling; high-frequency trading; latency arbitrage; trading stale or wrong prices; exploiting execution, platform bugs or loopholes; spoofing, layering, wash trading and quote stuffing; risk-free setups; account sharing or passing services.