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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.

30%off · Exclusive
Headquarters
No data

Delaware, United States

Country

United Arab Emirates

United States

Foundation
No data

2026

Banned Countries
CU, IR, KP, SY, YE
Afghanistan, Belarus, Cambodia, Central African Republic, Cuba, Democratic Republic of the Congo, Guinea, Haiti, Iran, Iraq, Kenya, Libya, Mali, Myanmar, North Korea, Pakistan, Philippines, Puerto Rico, Republic of the Congo, Russia, Somalia, South Sudan, Sudan, Syria, Taiwan, Ukraine, Uzbekistan, Venezuela, Vietnam, U.S. Virgin Islands, Yemen, Morocco
Assets
Crypto, Stocks, ETFs, Indices, Commodities
Crypto, Stocks, Indices, Commodities, Forex
Brokers

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

Simulated execution with real market data from Hyperliquid, Binance, Bybit, Lighter, Ostium and Veranta

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

The fee is not refunded with payouts. An unused challenge can be refunded within 48 hours of purchase, minus a $25 fee.

Payout Fee

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

No data
Platforms
Propietary Platform
Propietary Platform
Payout Methods
Crypto
Rise
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.

Select, Prime and Signature: one request per New York calendar day. Elite: on demand. Requests need all positions closed, are reviewed manually and lock trading while pending.

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

Crypto trades 24/7, weekends included.

Maximum Withdrawal

$10,000 per account every 14 days.

$100,000 lifetime cap across all accounts, counted after the split. Once reached you cannot buy new accounts, but active funded accounts keep paying out.

Minimum Withdrawal

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 The Stage 1 reward can be withdrawn from $1.

Select, Prime and Signature: $100 of gross profit. Elite: $50, $100, $250 or $500 depending on size.

Metals
5:1

Gold 10:1; silver, platinum, palladium and copper 5:1. Elite: gold 20:1

Energies
5:1

WTI and Brent 8:1; natural gas 5:1. Elite: oil 10:1

Indices
5:1

SP500, NAS100 and US30 12:1; JP225, QQQ and others 5:1. Elite: NAS100 and SP500 40:1, US30 25:1

Stocks

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

From 2:1 to 5:1 depending on the stock

Crypto
5:1

BTC 10:1, ETH 8:1, SOL 5:1, BNB 3:1; most altcoins 2:1

ETFs
5:1
No data
Forex
No data

EUR/USD and USD/JPY 50:1; GBP/USD and AUD/USD 25:1

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
Commission
No data

Per fill, same for maker and taker: crypto 0.03%, stocks, indices and commodities 0.005%, forex 0.0025%. Elite: 0.001% on NAS100, SP500, gold and WTI. Liquidations add a 0.1% penalty.

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

Fixed daily swap charged every hour on longs and shorts, instead of venue funding: crypto 0.03%, stocks, indices and commodities 0.015%, forex 0.005%.

Account Reset
No

No resets. After a breach you need to buy a new challenge.

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

90% split: +20% of the price, only at checkout. Reduced Fee: halves commission and swap for 10% of the fee (min $10); not on Elite.

Instant
No
No
One Step
Yes
Yes
Account scaling
No
No data
Two Steps
Yes
No
Max Drawdown

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

Static, measured on equity, never trails. Select, Prime and Signature: the first payout locks the floor at the starting balance. Elite: the floor never moves.

Profit Split

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

80%. 90% with the checkout add-on.

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.

3% of the starting balance, from start-of-day equity including open positions. Resets at midnight New York time. Elite No DLL has none.

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 limit on purchases. Up to $100K in active evaluations and $100K funded per plan, and $300K funded in total. Elite No DLL: up to $250K bought in any rolling 7 days.

Maximum Trading Days

No time limit.

No time limit.

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.

None.

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.

FP Points from purchases and tasks, redeemable for reward cases; they expire after 90 days. Payouts taken as store credit get +5%; store credit expires after 45 days.

Monthly Competition
No data
Yes

Free trading competitions with funded accounts and reward cases as prizes.

Minimum Profitable Days

None.

None.

Expert Advisor (EA)
No

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

Limited

Only through the official API (REST, WebSocket or MCP). Automation cannot be used for HFT or any other banned strategy.

VPN
No data
Limited

Not to hide your identity or location or to bypass restrictions. Access through VPNs, datacenter IPs or remote desktops may be reviewed.

Hedging
Limited

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

Limited

Hedging across accounts is banned. Each account can hold an instrument on only one venue at a time.

Requires Stop Loss
No
No data
Scalping
Yes
Limited

No minimum holding time. High-frequency trading is banned; up to 30 orders per minute and 250 per hour, half a second apart.

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.

Limited

Exposure cap per market, shared by your accounts of the same plan and size (Elite: per account, up to 40x the balance in total). Up to 15 open positions and 20 pending orders; minimum order $10.

Copy Trading
No data
Limited

Built-in copy trading only between your own challenge accounts. Sharing accounts or copying other traders is banned.

News Trading
Yes
Limited

Free in the evaluation. Funded: no new exposure from 10 to 2 minutes before high-impact news, and no manual trades from 2 minutes before to 2 minutes after. Stock earnings count too.

Inactivity Rule

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

Evaluation: at least one trade every 30 days. Funded: at least one trade every 7 days.

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.

Limited

Yes on 24/7 markets such as crypto. On 23/5 markets, positions are closed automatically 15 minutes before Friday's close.

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

Cross-account hedging; group or coordinated trading; sacrificial accounts and account cycling; all-or-nothing evaluation gambling; high-frequency trading; latency arbitrage; trading stale or wrong prices; exploiting execution, platform bugs or loopholes; spoofing, layering, wash trading and quote stuffing; risk-free setups; account sharing or passing services.

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