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Comparator

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

54 differences

No active discount right now.

No active discount right now.

Headquarters
No data

Registered office: 9 St. Clair Road, Salisbury, England, SP2 8AE

Country

United Arab Emirates

United Kingdom

Foundation
No data

2026

Banned Countries
CU, IR, KP, SY, YE
No data
Assets
Crypto, Stocks, ETFs, Indices, Commodities
Crypto
Brokers

No broker: in-house perpetual futures terminal. It does not say which exchange its prices come from.

No data
Refund
No

The fee is not refunded. Refunds only apply if Hash Hedge cancels the challenge before it starts or if you are charged twice by mistake (report within 7 days).

No

No refund for failing or breaching an account. Exceptions for duplicate charges, payment errors, non-delivery and applicable statutory rights.

Payout Fee

No fee: Hash Hedge covers the network fee of the USDT transfer.

Cashed intends to cover standard network fees where practical; exceptional costs disclosed in advance

Platforms
Propietary Platform
Propietary Platform
Payout Methods
Crypto
Crypto
Payment Methods
Crypto
Crypto
Payout Frequency

Every 14 days, with the account in profit and all positions closed. The commercial terms let you pick the payout day between 14 and 60 days after the first trade of the cycle.

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.

Payout Guarantee

72 hours: if a valid request is not paid within 72h, they pay triple.

No data
Crypto Weekend Trading
Yes

The Crypto + TradFi market trades 24/7, weekends included, gold, oil and stocks too. The US Stocks account only trades while the US market is open.

Yes

While the market remains tradable

Maximum Withdrawal

$10,000 per account every 14 days.

Instant: first gross distribution capped at 5% of starting capital

Minimum Withdrawal

$100. The Stage 1 reward can be withdrawn from $1.

20 USDC net to the trader

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

5:1. On the US Stocks account it is a buying power of 5 times the balance for all positions combined.

No data
Crypto
5:1

BTC, ETH and SOL: up to 10:1. Major crypto: up to 5:1. Others: 2:1. The lower account or market limit applies.

ETFs
5:1
No data
Metals
0.01% - 0.03%
No data
Energies
0.01% - 0.03%
No data
Indices
0.01% - 0.03%
No data
Stocks
0
No data
Crypto
0.01% - 0.03%
No data
ETFs
0.01% - 0.03%
No data
Commission-Free Option
No
No data
Swap Free
No

Variable funding between traders: when longs dominate they pay shorts, and the other way round. It hits the balance at once and counts toward the daily loss.

Yes

Recurring funding payments are not currently debited or credited; displayed rates are reference data

Account Reset
No

The rulebook provides for account resets and upgrades; only the owner purchases them on shared accounts. Pricing is not published.

Add-ons
Yes
  • +10% Profit Split: raises the split from 80% to 90%.
  • Daily Loss Protection: once per challenge, hitting the daily loss closes positions and resets the limit instead of failing. Also works when funded; it does not cover the total loss.

Both cost more on larger accounts.

No data
Instant
No
Yes
One Step
Yes
Yes
Account scaling
No
Yes

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.

Two Steps
Yes
No data
Max Drawdown

Static, measured on the initial account size. Equity with open positions counts; hitting it closes positions and fails 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.

Profit Split

80%, or 90% with the +10% Profit Split add-on.

No data
Daily Drawdown

Fixed amount on the initial size. Measured as current equity minus the start-of-day balance, open positions, fees and funding included. Resets at 00:00-00:13 (UTC+4) on Crypto + TradFi and 08:00-08:10 (UTC+4) on US Stocks.

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.

Three Steps
No
No data
Max Allocation

One funded account per size and market: up to $390,000 in Crypto + TradFi (5K to 200K). US Stocks count separately, up to $190,000.

500,000
Maximum Accounts

No limit during evaluation. Funded: one account per size and market; a 1-Stage and a 2-Stage of the same size count as the same.

Unlimited evaluations; up to 2 active Instant accounts. The funded-capital cap includes Instant, scaling and shared capital attributed to each member.

Merge Accounts
No data
No
Maximum Trading Days

No time limit.

No evaluation time limit; inactivity rules apply

Minimum Trading Days

3 on the 1-Stage challenge and 5 in each stage of the 2-Stage. Any day you open at least one position counts.

0 days in evaluation and funded accounts

Points Reward Program

HH Coins: cashback on purchases paid in USDT or USDC, at a rate Hash Hedge sets at each time. Only usable on challenges or add-ons; not withdrawable.

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.

Minimum Profitable Days

None.

No data
Expert Advisor (EA)
No

In-house terminal with no API or EAs. The terms forbid bots, scripts and automation tools.

Yes

Bots and algorithmic execution allowed, subject to API limits; spam, overload and latency exploitation prohibited

VPN
No data
Limited

Privacy or security use allowed; not to bypass restricted jurisdictions, sanctions, bans or account controls

Hedging
Limited

Allowed within one account. Forbidden across accounts or between coordinated traders, correlated assets such as BTC and ETH included.

Limited

Within the same account where supported by the engine. Coordinated opposite positions across accounts to guarantee passing or payouts prohibited.

Requires Stop Loss
No
No
Scalping
Yes
Yes

No minimum holding time; exploiting stale prices prohibited

Stacking / Layering (DCA)
No data
Yes
Martingale
No data
Yes
Maximum Risk Limit
Yes

Size limit per instrument, leverage included: BTC, ETH or SOL up to $250,000 per position and $500,000 in total; most altcoins $5,000. US Stocks: up to 10,000 shares per ticker.

No

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.

Copy Trading
No data
Limited

Between owned accounts and through the authorised built-in copier. One source per destination, no chains; unavailable on shared accounts. Never share credentials.

News Trading
Yes
Yes
Inactivity Rule

They may close the account if it is not activated within 30 days, after prior notice.

Possible closure after 90 consecutive days without trading in evaluation, funded and Instant accounts

Consistency Rule
No
No
Hold Weekend
Limited

Yes on Crypto + TradFi. On US Stocks everything closes at 23:59 (UTC+4): no overnight or weekend holds.

Yes

Overnight and weekend holding allowed while the market remains tradable

Prohibited Strategies
  • Arbitrage exploiting errors, latency or delayed prices
  • Manipulation (wash trading, spoofing, pump and dump)
  • Bots, scripts and APIs to gain an edge
  • Hedging across accounts or between coordinated traders
  • Sharing or selling the account

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.

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