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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

60 differences

No active discount right now.

Headquarters
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Bahnhofstrasse 21, 6300, Zug, Switzerland

CEO
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Alan Sanchez

Country

United Arab Emirates

Switzerland

Foundation
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2022

Banned Countries
CU, IR, KP, SY, YE
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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.

Bybit
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
Payout Fee

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

No data
Platforms
Propietary Platform
ByBit
Payout Methods
Crypto
Crypto, Transfer
Payment Methods
Crypto
Card, Crypto, PayPal, ApplePay, GooglePay
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.

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

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
Maximum Withdrawal

$10,000 per account every 14 days.

No data
Minimum Withdrawal

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 The Stage 1 reward can be withdrawn from $1.

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

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

ETFs
5:1
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Metals
0.01% - 0.03%
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Energies
0.01% - 0.03%
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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
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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

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.

No
Account Reset
No
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
  • +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.

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
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

Static, measured on the initial account size. Equity with open positions counts; hitting it closes positions and fails 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 +10% Profit Split add-on.

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
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No
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.

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
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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.

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

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.

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Merge Accounts
No data
No
Maximum Trading Days

No time limit.

Unlimited.

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.

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

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.

No data
Minimum Profitable Days

None.

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Expert Advisor (EA)
No

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

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 data
Yes
Hedging
Limited

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

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
No
Scalping
Yes
Limited

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

Stacking / Layering (DCA)
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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.

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
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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
Yes
Yes
Inactivity Rule

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

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
Limited

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

Yes

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

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

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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