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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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  • Link to the written comparison
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Head to head

56 differences

No active discount right now.

50%off
Headquarters
No data

Prague

CEO
No data

Peter Andreas

Country

United Arab Emirates

Czech Republic

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

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).

Yes

After first payout, only Two-Step Pro

Payout Fee

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

No payout fees.

Platforms
Propietary Platform
ByBit, Cleo
Payout Methods
Crypto
Crypto, Transfer
Payment Methods
Crypto
Card, Crypto, 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.

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

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.

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

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 The Stage 1 reward can be withdrawn from $1.

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

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
100:1
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%
0.02% - 0.05%
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.

No data
Account Reset
No

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
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 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
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
Yes
Yes
Max Drawdown

Static, measured on the initial account size. Equity with open positions counts; hitting it closes positions and fails 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%, or 90% with the +10% Profit Split add-on.

  • 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

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.

  • 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

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.

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

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

  • 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

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.

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

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.

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.

Hedging
Limited

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

No data
Requires Stop Loss
No
No

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

Scalping
Yes
Limited

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

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

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
Yes

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

Inactivity Rule

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

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
Limited

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

Yes

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

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

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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