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Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Jakub Zeliska

2023

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

Live Hyperliquid order book and market data

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).

Challenge accounts qualify for a bonus equal to 200% of the entry fee after the third fully approved payout. It does not apply to instant funding accounts (Vanguard and Oracle).

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

Bank transfer: $19.90 + 2.49%. Cryptocurrency: $19.90 + 30%. Returned payouts: $30 reprocessing fee.

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.

Thunderbolt, Phoenix, Vanguard and Oracle: on demand when all requirements are met. Horizon and Odyssey: every 14 days. Qualifying days with at least 0.5% realized profit before each payout: Vanguard 5 (6 on accounts bought before 26 October 2026), Oracle 5, Horizon 3 to 5 and Odyssey 3 or 4 by size; Thunderbolt and Phoenix none. The counter resets after every payout.

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.

Perpetuals use the same progressive payout-cap ladder as CFD accounts. The cap increases with each fully approved payout and is removed from payout #8 onward. Profit above the applicable cap is forfeited at the end of the segment.

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 The Stage 1 reward can be withdrawn from $1.

$45 after applying the selected profit split.

At least 1% realized profit (3% on Horizon and Odyssey) since account start or the previous payout; all positions closed; drawdown compliance; completed KYC and signed Trader Agreement.

Gold and silver: up to 8:1. Copper: up to 5:1

WTI and Brent crude: up to 8:1

Index perpetuals: up to 10:1

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

Stock and ETF perpetuals: up to 4:1

BTC, ETH and SOL: up to 10:1. Other cryptocurrencies: up to 2:1

Forex perpetuals: up to 25:1

Crypto perpetuals: 0.015% maker / 0.045% taker. Stocks, ETFs, indices, commodities and forex: 0.003% maker / 0.009% taker. MSTR, PURRDAT and GOLD: 0.03% maker / 0.09% taker. No spread markup; $10 minimum order.

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.

Resets may be offered after a rule violation. A violation-related reset permanently caps future payouts on that account at 50% of the approved amount.

• +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.

Eligible funded accounts can scale by 35% every four consecutive months, up to $4,000,000, after achieving 15% cumulative growth, at least two payouts and a profitable final cycle.

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

Thunderbolt, Horizon and Odyssey: 6% trailing Dynamic Risk Shield that locks at the starting balance. Phoenix: 6% fixed maximum drawdown. Vanguard: 8% trailing maximum drawdown (7% on accounts bought before 2 November 2026). Oracle: 5% trailing maximum drawdown.

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

Thunderbolt, Phoenix, Vanguard and Oracle: 80% base split; 90% (checkout default) or 100% can be chosen for a higher price. Horizon and Odyssey: fixed 80%.

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.

Thunderbolt and Horizon: 3%. Phoenix, Vanguard, Oracle and Odyssey: 4%. Measured from the higher of equity or balance at 00:00 UTC.

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.

Current Perpetuals accounts are sold up to $400,000. Total funded capital across all Upcomers programs cannot exceed $1,500,000. Eligible accounts can scale to $4,000,000.

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.

No time limit.

Unlimited.

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

Thunderbolt and Phoenix: no minimum to pass. Horizon: 2 days. Odyssey: 2 days per phase. Vanguard has no evaluation.

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.

None.

Before each payout, days with at least 0.5% realized profit: Vanguard 5 (6 on accounts bought before 26 October 2026); Oracle 5; Horizon 3 up to $50K, 4 up to $200K and 5 from $200K; Odyssey 3 below $100K and 4 from $100K. Thunderbolt and Phoenix: none.

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

Not explicitly prohibited, but strongly discouraged. VPN or VPS use during KYC/AML verification is prohibited.

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

Prohibited, even within a single account, and across accounts.

Normal scalping is allowed. Tick scalping, HFT and latency exploitation are prohibited; trades repeatedly closed in under two minutes may be treated as tick scalping.

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.

Funded maximum loss per trade: 3% on Thunderbolt and Phoenix; 2% on Vanguard, Oracle and Odyssey; 1.5% on Horizon. Positions on the same instrument and direction count as one trade. Exceeding it is a hard breach.

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

The account expires after 35 consecutive days without closing a trade. A warning is sent 7 days before expiration.

20% Best Day Rule at payout for Thunderbolt, Phoenix, Vanguard and Oracle. It is a soft payout requirement and does not breach the account. Horizon and Odyssey: no consistency rule.

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

All Perpetuals markets trade 24 hours a day, 7 days a week.

• 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

Platform or feed exploitation, tick scalping, high-frequency trading, latency trading, arbitrage, grid trading, martingale, one-sided or all-or-nothing bets, reverse or group hedging, external signal or challenge-passing services, account sharing and coordinated trading are prohibited.