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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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Head to head

52 differences

52.5%off · Exclusive
40%off · Exclusive
Headquarters

56 Alekou Konstantinou, Strovolos, 2024, Nicosia, Cyprus

Prague

CEO

Revin Zabala

Peter Andreas

Country

Cyprus

Czech Republic

Foundation

2024

2024

Banned Countries
Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, Cyprus, Myanmar, Belarus, Vietnam, Russia
No data
Assets
Crypto, Stocks, ETFs, Indices, Commodities, Forex
Crypto
Brokers
No data

ByBit

Refund
Limited

14-day money-back guarantee if you have not started trading and have not breached the terms. Not available for accounts migrated to another platform.

Yes

After first payout, only Two-Step Pro

Payout Fee
No data

No payout fees.

Platforms
FTM Terminal
ByBit, Cleo
Payout Methods
Crypto, Rise
Crypto, Transfer
Payment Methods
Card, Crypto, ApplePay, GooglePay
Card, Crypto, ApplePay, GooglePay
Payout Frequency

Any day, weekends included, once the balance is at least 1% above the starting balance. No new profit is needed between requests.

One-Step Pro, One-Step Lite and Two-Step Pro: first payout on demand once eligible; subsequent payouts 14 days after the previous payout is completed. Instant Pro and Instant Lite: first payout after 14 days from the first trade and reaching 5% profit; subsequent payouts every 14 days.
Nitro: first payout on demand once eligible, then every 14 days. Five qualifying profitable days are required each cycle.

Payout Guarantee

Eligible payouts not processed within 24 business hours (Monday to Friday, 8 AM to 5 PM ET) are doubled. Doubling applies to payouts up to $1,000.

No data
Crypto Weekend Trading
Yes

All markets trade 24/7, weekends included.

Yes
Maximum Withdrawal

No cap per request: up to your full balance above the 1% threshold. No mandatory buffer.

Each request is capped at 2.5%, 3%, 3.5%, 4%, 4.5% and 5% of the starting balance for payouts 1 to 6. No cap from payout 7; excess profit carries over to the next request.
Nitro: same caps, applied before the 80% reward share.

Minimum Withdrawal

$50 per request.

Instant Pro: USD 35. One-Step Pro and Two-Step Pro: USD 50.
Nitro: USD 50.

Forex

EUR and JPY: 50:1. GBP: 25:1.

No data
Metals

Gold: 10:1. Silver, platinum, copper and palladium: 5:1.

No data
Energies

WTI and Brent crude: 8:1. Natural gas: 3:1. Heating oil: 2:1.

No data
Indices

S&P 500 and XYZ 100: 20:1. Japan 225: 5:1. KOSPI 200: 2:1.

No data
Stocks

AAPL, MSFT, EWY, AMZN and SMH: 5:1. NVDA, GOOGL and META: 4:1. TSLA, AMD, PLTR and other listed names: 3:1. Other stocks and ETFs: 2:1.

No data
Crypto

BTC and ETH: 8:1. SOL: 5:1. HYPE, XRP, BNB, DOGE and TRX: 3:1. Other crypto: 2:1.

100:1
Commission

0.025% of position value, charged only when opening. Closing is free. Same on every instrument.

No data
Crypto
No data
0.02% - 0.05%
Swap Free
Yes

No swap: holding a position overnight costs nothing extra. The opening commission is the only trading cost.

No data
Account Reset
No data

A paid reset may be offered for failed evaluations, subject to the options available in the dashboard. It restarts the evaluation and all trading-day counters. A Two-Step Pro reset from Phase 2 returns the trader to Phase 1. Reset fees are non-refundable.

Add-ons
No data
Yes
  • Instant Pro and Instant Lite: increase the profit split from 70% to 80% (+25% fee).
  • One-Step Pro and One-Step Lite: increase the profit split from 80% to 90% (+25%).
  • Two-Step Pro: increase the profit split from 80% to 90% (+20%), lower the targets to 8% and 3% (+20%) or add 2% maximum drawdown (+20%).
  • Nitro: reduce the target from 5% to 3% for an extra $10 at checkout; activation fee unchanged.
Instant
No
Yes
One Step
Yes
Yes
Account scaling
No data
Yes
  • Instant Pro: after achieving 10% profit within 120 days, 5% is paid to the trader and 5% is used to double the account. Scaling is requested on demand and can reach $1,000,000.
  • One-Step Pro and Two-Step Pro: after achieving 10% cumulative profit within 90 days, the account grows by 25%, up to twice its starting size.
Two Steps
No
Yes
Max Drawdown

Static, measured from the starting balance, in the evaluation and until the first approved funded payout. That payout moves the floor to the starting balance, once and permanently. Touching it with balance or equity breaches the account.

  • Instant Pro: 10% Smart Drawdown. After reaching 5% profit, the loss floor locks at 5% below the milestone balance.
  • Instant Lite: 8% Smart Drawdown, with the same lock at 5% below the milestone balance after reaching 5% profit.
  • One-Step Pro: 6% static.
  • One-Step Lite: 4% static.
  • Two-Step Pro: 8% standard; 10% with the Extra 2% Drawdown Room add-on.
  • Nitro: 5% fixed throughout evaluation.
Profit Split

80% on the first four approved payouts, 85% on the fifth and 90% from the sixth. A rejected request does not advance it.

  • Instant Pro: 70% standard; 80% with the profit-split add-on.
  • Instant Lite: 70% standard; 80% with the profit-split add-on.
  • One-Step Pro: 80% standard; up to 90% through performance progression or the add-on.
  • One-Step Lite: 80% standard; 90% with the profit-split add-on.
  • Two-Step Pro: 80% standard; up to 90% through performance progression or the add-on.
  • Nitro: 80%.
Free Trial
No data
Yes

$100,000 free trial lasting 7 days. It has a 5% profit target, 5% daily drawdown, 10% maximum drawdown and 2 minimum trading days. Successful completion provides a 20% discount on a paid challenge.

Daily Drawdown

Hard breach, floating losses included. The allowance is a percentage of the starting balance, subtracted at each daily reset from the higher of closing balance or equity. The program rules set the reset at 22:00 UTC; the FAQ says 5 PM ET.

  • Instant Pro: no daily limit.
  • Instant Lite: 3%.
  • One-Step Pro: 3%.
  • One-Step Lite: 3%.
  • Two-Step Pro: 5%.
    The daily limit is measured using equity and resets at midnight UTC.
  • Nitro: 3%.
Three Steps
No
No
Max Allocation
100,000
300,000
Maximum Accounts

Up to 5 accounts per order, within the $100,000 combined allocation across both programs.

Unlimited evaluation accounts may be purchased and operated simultaneously. Accounts that exceed the applicable total funded allocation are paused until allocation becomes available.

Maximum Trading Days

No time limit.

No maximum time limit to complete the evaluation.

Minimum Trading Days

None.

  • Instant Pro, Instant Lite, One-Step Pro, One-Step Lite and Two-Step Pro: no minimum trading days.
  • Two-Step Pro: 3 profitable days in Phase 1 and 2 in Phase 2 to pass.
  • One-Step Pro: 3 profitable days in each funded payout cycle.
  • One-Step Lite: 5 profitable days in each funded payout cycle.
  • Instant Lite: 7 profitable days in each payout cycle.
    A profitable day is a UTC calendar day with net closed profit of at least 0.5% of the starting balance.
  • Nitro: no minimum during evaluation; five profitable days of at least 0.5% of starting balance in each funded payout cycle, not necessarily consecutive.
Points Reward Program
No data

Payouts can be converted into Mubite Points for use within the platform.

Minimum Profitable Days

None.

No data
Expert Advisor (EA)
No

Not available yet: API access for your own bots is announced as coming soon, under the same risk limits. Signal-copying services are excluded.

Limited

Self-developed bots and EAs are allowed when the trader can prove ownership of the strategy. Public or third-party bots are prohibited. Cleo does not currently support external bots, although its built-in semi-assisted tools may be used.

VPN
Limited

Allowed as long as no connection from a prohibited country is detected. Purchases and KYC through a VPN or VPS are prohibited.

No data
Hedging
Limited

Allowed within a single account. Opposite positions across accounts are prohibited.

No data
Requires Stop Loss
No data
No

Recommended. During the funded stage, consistently trading without stop losses may be considered poor risk management.

Scalping
Yes

No minimum hold time.

Limited

Tick scalping performed with manipulative intent or to exploit execution conditions is prohibited.

Martingale
Yes

Martingale and layering allowed.

No data
Maximum Risk Limit
No

No lot size restrictions or margin rules.

Yes

Each trade must keep its realized loss below 3% of account equity at the time it was opened, both per partial close and cumulatively. In the funded stage, individual positions are capped at 1x account balance on Instant Pro and 2x on One-Step Pro/Two-Step Pro; cumulative exposure is capped at 2x and 3x respectively. The first position-size or exposure violation receives one five-minute correction window.

Copy Trading
No data
No

Copying or mirroring trades from other accounts, platforms, signal services or third parties is prohibited during both evaluation and funded stages.

News Trading
Yes

Allowed on every plan, including CPI, NFP and FOMC.

Yes

News trading is allowed. Daily and maximum drawdown limits and all other risk rules remain active during volatile events.

Inactivity Rule
Yes

An account with no trading activity for 30 days is closed.

Deactivation after 30 days without trading. Email warning after 14 days of inactivity.

Consistency Rule
No
Yes

Funded stage only. The best day must account for less than 25% of total profit on Instant Pro, 15% on Instant Lite, 30% on One-Step Pro, 20% on One-Step Lite and 40% on Two-Step Pro. Exceeding the threshold delays payouts until compliance; it does not close the account.
Nitro uses a Funded Score below 20%: best day profit divided by total profit from profitable days in the payout cycle. This delays payout until compliant and never closes the account.

Hold Weekend
Yes

Positions can stay open overnight and through weekends.

Yes

Positions may be held overnight, through weekends and for as long as the strategy requires.

Prohibited Strategies

Exploiting pricing, platform errors or latency; insider information; front-running; third-party or off-the-shelf strategies marketed to pass challenges; passing with one strategy and using another on the funded account; arbitrage against other accounts or firms; hedging across accounts.

Prohibited practices include latency or gap exploitation, external or delayed data feeds, arbitrage, manipulative HFT, group trading, account mirroring, cross-account hedging, account rolling, grid trading, manipulative tick scalping, disproportionate position sizing, unauthorized third-party account management and manipulation of Bybit API keys, balances or challenge parameters.

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