Perps firms comparator
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56 differences
No active discount right now.
Prague
Peter Andreas
United Arab Emirates
Czech Republic
2024
No broker: in-house perpetual futures terminal. It does not say which exchange its prices come from.
ByBit
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).
After first payout, only Two-Step Pro
No fee: Hash Hedge covers the network fee of the USDT transfer.
No payout fees.
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.
72 hours: if a valid request is not paid within 72h, they pay triple.
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.
$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.
$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 The Stage 1 reward can be withdrawn from $1.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.
5:1. On the US Stocks account it is a buying power of 5 times the balance for all positions combined.
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.
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.
- +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.
- 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 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.
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.
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%.
$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.
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%.
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.
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.
No time limit.
No maximum time limit to complete the evaluation.
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.
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.
None.
In-house terminal with no API or EAs. The terms forbid bots, scripts and automation tools.
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.
Allowed within one account. Forbidden across accounts or between coordinated traders, correlated assets such as BTC and ETH included.
Recommended. During the funded stage, consistently trading without stop losses may be considered poor risk management.
Tick scalping performed with manipulative intent or to exploit execution conditions is prohibited.
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.
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.
Copying or mirroring trades from other accounts, platforms, signal services or third parties is prohibited during both evaluation and funded stages.
News trading is allowed. Daily and maximum drawdown limits and all other risk rules remain active during volatile events.
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.
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.
Yes on Crypto + TradFi. On US Stocks everything closes at 23:59 (UTC+4): no overnight or weekend holds.
Positions may be held overnight, through weekends and for as long as the strategy requires.
- 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.



















