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Delaware, United States

Prague

Peter Andreas

United States

Czech Republic

2026

2024

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

ByBit

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

After first payout, only Two-Step Pro

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.

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.

Crypto trades 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.

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.

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

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

No payout fees.

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

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

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

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

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

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

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 resets. After a breach you need to buy a new challenge.

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.

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 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.

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.

• 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%. 90% with the checkout 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%.

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

• 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%.

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.

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.

None.

• 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.

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.

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

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

None.

• 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.

$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.

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

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.

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

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

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

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

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.

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.

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

Copying or mirroring trades from other accounts, platforms, signal services or third parties is prohibited during both evaluation and funded stages.

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.

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

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

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

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

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.

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.

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