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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- Only the differences in one click
- Link to the written comparison
44 differences
Delaware, United States
56 Alekou Konstantinou, Strovolos, 2024, Nicosia, Cyprus
Revin Zabala
United States
Cyprus
2026
2024
Simulated execution with real market data from Hyperliquid, Binance, Bybit, Lighter, Ostium and Veranta
The fee is not refunded with payouts. An unused challenge can be refunded within 48 hours of purchase, minus a $25 fee.
14-day money-back guarantee if you have not started trading and have not breached the terms. Not available for accounts migrated to another platform.
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.
Any day, weekends included, once the balance is at least 1% above the starting balance. No new profit is needed between requests.
Crypto trades 24/7, weekends included.
All markets trade 24/7, weekends included.
$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.
No cap per request: up to your full balance above the 1% threshold. No mandatory buffer.
Select, Prime and Signature: $100 of gross profit. Elite: $50, $100, $250 or $500 depending on size.
$50 per request.
Eligible payouts not processed within 24 business hours (Monday to Friday, 8 AM to 5 PM ET) are doubled. Doubling applies to payouts up to $1,000.
EUR/USD and USD/JPY 50:1; GBP/USD and AUD/USD 25:1
EUR and JPY: 50:1. GBP: 25:1.
Gold 10:1; silver, platinum, palladium and copper 5:1. Elite: gold 20:1
Gold: 10:1. Silver, platinum, copper and palladium: 5:1.
WTI and Brent 8:1; natural gas 5:1. Elite: oil 10:1
WTI and Brent crude: 8:1. Natural gas: 3:1. Heating oil: 2:1.
SP500, NAS100 and US30 12:1; JP225, QQQ and others 5:1. Elite: NAS100 and SP500 40:1, US30 25:1
S&P 500 and XYZ 100: 20:1. Japan 225: 5:1. KOSPI 200: 2:1.
From 2:1 to 5:1 depending on the stock
AAPL, MSFT, EWY, AMZN and SMH: 5:1. NVDA, GOOGL and META: 4:1. TSLA, AMD, PLTR and other listed names: 3:1. Other stocks and ETFs: 2:1.
BTC 10:1, ETH 8:1, SOL 5:1, BNB 3:1; most altcoins 2:1
BTC and ETH: 8:1. SOL: 5:1. HYPE, XRP, BNB, DOGE and TRX: 3:1. Other crypto: 2:1.
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.
0.025% of position value, charged only when opening. Closing is free. Same on every instrument.
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%.
No swap: holding a position overnight costs nothing extra. The opening commission is the only trading cost.
No resets. After a breach you need to buy a new challenge.
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.
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.
Static, measured from the starting balance, in the evaluation and until the first approved funded payout. That payout moves the floor to the starting balance, once and permanently. Touching it with balance or equity breaches the account.
80%. 90% with the checkout add-on.
80% on the first four approved payouts, 85% on the fifth and 90% from the sixth. A rejected request does not advance it.
3% of the starting balance, from start-of-day equity including open positions. Resets at midnight New York time. Elite No DLL has none.
Hard breach, floating losses included. The allowance is a percentage of the starting balance, subtracted at each daily reset from the higher of closing balance or equity. The program rules set the reset at 22:00 UTC; the FAQ says 5 PM ET.
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.
Up to 5 accounts per order, within the $100,000 combined allocation across both programs.
No time limit.
No time limit.
None.
None.
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.
Free trading competitions with funded accounts and reward cases as prizes.
None.
None.
Only through the official API (REST, WebSocket or MCP). Automation cannot be used for HFT or any other banned strategy.
Not available yet: API access for your own bots is announced as coming soon, under the same risk limits. Signal-copying services are excluded.
Not to hide your identity or location or to bypass restrictions. Access through VPNs, datacenter IPs or remote desktops may be reviewed.
Allowed as long as no connection from a prohibited country is detected. Purchases and KYC through a VPN or VPS are prohibited.
Hedging across accounts is banned. Each account can hold an instrument on only one venue at a time.
Allowed within a single account. Opposite positions across accounts are prohibited.
No minimum holding time. High-frequency trading is banned; up to 30 orders per minute and 250 per hour, half a second apart.
No minimum hold time.
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.
No lot size restrictions or margin rules.
Built-in copy trading only between your own challenge accounts. Sharing accounts or copying other traders is banned.
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.
Allowed on every plan, including CPI, NFP and FOMC.
Evaluation: at least one trade every 30 days. Funded: at least one trade every 7 days.
An account with no trading activity for 30 days is closed.
Yes on 24/7 markets such as crypto. On 23/5 markets, positions are closed automatically 15 minutes before Friday's close.
Positions can stay open overnight and through weekends.
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.
Exploiting pricing, platform errors or latency; insider information; front-running; third-party or off-the-shelf strategies marketed to pass challenges; passing with one strategy and using another on the funded account; arbitrage against other accounts or firms; hedging across accounts.
Martingale and layering allowed.



















