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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

56 differences

No active discount right now.

15%off · Exclusive
Headquarters
No data

Tbilisi, Samgori District, Besarion Chichinadze Street 12, Apartment No. 55, Georgia

CEO
No data

Kutay Aktaş

Country

United Arab Emirates

Georgia

Foundation
No data

2024

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.

Bybit, Cleo (Binance 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
Payout Fee

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

No data
Platforms
Propietary Platform
ByBit, Cleo Trading Platform
Payout Methods
Crypto
Transfer, Wise, Crypto
Payment Methods
Crypto
Card, 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.

Bybit Instant Pro & Cleo challenges: Daily on-demand withdrawals. Payouts processed in 4-24 hours (usually within 4 hours).

Bybit One Step & Two Step: Every 3-4 days due to Stability Rule.

Payout Guarantee

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

4-24 hours (usually within 4 hours)

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 The Stage 1 reward can be withdrawn from $1.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
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

Bybit challenges (One Step, Two Step, Instant Pro): Up to 1:100 for most tradeable coins on Bybit.

Cleo challenges (One Step, Flex): BTC and ETH up to 1:5, all other assets up to 1:2.

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%
0
ETFs
0.01% - 0.03%
No data
Commission-Free Option
No
No
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

Crypto markets are swap-free by nature.

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

Instant Pro only: make 10% profit on account balance, forfeit 50% of your profit share, and your account size doubles. Scaling up to $2M.

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.

Bybit challenges (One Step, Two Step)
Static drawdown calculated from initial balance. Customizable from 6% to 10%.

Bybit Instant Pro
Two drawdown types available (3-8%):

  • Smart Drawdown (6%): Trails upward with equity gains. Once account reaches +3% profit, drawdown locks permanently at -3% of starting balance.
  • Trailing Drawdown (8%): Trails the High Water Mark (highest of balance or equity). After first payout, resets to 4% trailing from the new balance.

Cleo challenges (One Step, Flex)
Static drawdown calculated from initial balance. Customizable from 3% to 8%. One Step: 5% default. Flex: 3% default.

Profit Split

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

Bybit challenges (One Step, Two Step, Instant Pro): Customizable from 60% to 90% depending on the plan selected.

Cleo challenges (One Step, Flex): Customizable from 60% to 90% depending on the plan selected.

Free Trial
No data
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.

Bybit challenges: Daily maximum loss is half of the total loss limit. Calculated from starting balance at 12:05 AM UTC and does not change during the day until next daily reset.

Cleo challenges: Daily drawdown varies by selected plan and configuration (3-4%).

Three Steps
No
No
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.

300,000
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.

No data
Merge Accounts
No data
No
Maximum Trading Days

No time limit.

No time limit. Trade at your own pace.

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.

Bybit challenges (One Step, Two Step): 3-4 minimum trading days due to Stability Rule.

Bybit Instant Pro: 3 trading days with at least 0.5% profit each (for payout eligibility).

Cleo challenges (One Step, Flex): No minimum trading days required. Pass the challenge at your own pace.

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.

No data
Expert Advisor (EA)
No

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

No
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.

Yes
Requires Stop Loss
No
No
Scalping
Yes
Yes

All trades must be held for more than 50 seconds. Tick scalping is prohibited.

Stacking / Layering (DCA)
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
Copy Trading
No data
No
News Trading
Yes
Yes
Inactivity Rule

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

Bybit API access period is 90 days. Reminder emails are sent starting 10 days before expiration. If not renewed within that period, the account will be restricted and cannot be reactivated.

Consistency Rule
No
Yes

Stability Score (Bybit challenges only): No single trading day's profit can be equal to or greater than the stability threshold of total profits.

  • Bybit Two Step: 45% stability score
  • Bybit One Step: 30% stability score
  • Bybit Instant Pro: No stability score

Cleo challenges (One Step, Flex): No Stability Rule.

Violating the rule does not breach the account. The trader must continue trading until the best day's profit falls below the threshold.

Hold Weekend
Limited

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

Yes
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
  • Arbitrage trading
  • Latency trading
  • High-frequency trading (HFT)
  • Hedging between accounts
  • Tick scalping
  • Holding trades less than 50 seconds
  • Spamming the order book
  • Group trading
  • Exploiting the demo environment
  • Expert Advisors (EAs) and automated trading systems
  • Copy trading (even between own accounts)
  • Front-running price feeds
  • Exploiting unrealistic prices or mispricing
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