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.
- Field by field, side by side
- Only the differences in one click
- Link to the written comparison

Full comparisonforTraders Perps vs CashedThe written analysis: where each one wins, who each fits best and FAQs.Read the comparison 51 differences
No active discount right now.
Goldcrest Executive Building, Office No. 1210, JLT, Cluster C, Dubai, United Arab Emirates
Registered office: 9 St. Clair Road, Salisbury, England, SP2 8AE
Jakub Rož
United Arab Emirates
United Kingdom
2023
2026
No broker: prices come from Hyperliquid or Binance, whichever has more liquidity for each market.
No refund for failing or breaching an account. Exceptions for duplicate charges, payment errors, non-delivery and applicable statutory rights.
- Crypto ($100 to $399): $25
- Rise ($400 or more): $50
Cashed intends to cover standard network fees where practical; exceptional costs disclosed in advance
On demand from the first day on the Master account, with positions closed. First reward after 1% profit on the initial balance; then 2% growth on the remaining balance between rewards.
Standard, Flex and Build Your Own: on demand, with closed net profit and no open positions or orders. Instant: first payout after 1% closed net profit, without a waiting period; then every 48 hours. One pending request at a time. Shared-account payouts go to the owner.
48 hours: if not paid within 48h, 100% profit split
Every market trades 24/7, weekends included: indices, gold and oil too.
While the market remains tradable
$10,000 per reward.
Instant: first gross distribution capped at 5% of starting capital
$100 to withdraw from the For Traders wallet.
20 USDC net to the trader
Gold: 20:1 in the help center, 10:1 in the instruments list. Silver, platinum, palladium and copper: 5:1.
WTI and Brent: 8:1. Natural gas: 5:1.
NAS100 and SP500: 12:1. JP225: 5:1.
NVDA, AAPL, MSFT, AMZN, META and GOOGL: 4:1. MSTR, COIN, CRCL, CRWV and BMNR: 2:1. Other stocks: 3:1.
BTC: 10:1. ETH: 8:1. BNB and SOL: 5:1. HYPE, DOGE, XRP, TRX and LIT: 3:1. Other crypto: 2:1.
BTC, ETH and SOL: up to 10:1. Major crypto: up to 5:1. Others: 2:1. The lower account or market limit applies.
Fixed daily fee on position value, charged hourly and equal for longs and shorts: crypto 0.03%, forex 0.005%, other markets 0.015%.
Recurring funding payments are not currently debited or credited; displayed rates are reference data
The rulebook provides for account resets and upgrades; only the owner purchases them on shared accounts. Pricing is not published.
Level 1: 3 payouts and 10% lifetime net profit, capital at 125% of its original amount and split up to 85%. Level 2: 6 payouts and 20%, capital at 150% and split up to 90%. Each qualifying payout may require a 1% gross distribution of current capital. $500,000 aggregate cap; a higher starting split is not reduced.
Static, measured from the initial balance, in the challenge and on the Master account. After the first reward the floor locks at the initial balance for good. Hard breach.
Static against starting capital and enforced on equity, including floating losses. It does not rise with profits or reset after payouts. Touching the floor breaches the rule.
80%.
Hard breach, open positions included. A fixed share of the initial balance, subtracted at 00:00 server time (CET/CEST) from the higher of balance or equity.
At 00:00 UTC, the percentage applies to the greater of starting capital and closed balance. Floating losses and costs count. A paid payout resets the allowance for the rest of the day using the remaining balance; the withdrawal is not a trading loss.
Unlimited evaluations; up to 2 active Instant accounts. The funded-capital cap includes Instant, scaling and shared capital attributed to each member.
No time limit.
No evaluation time limit; inactivity rules apply
None.
0 days in evaluation and funded accounts
100 XP = $1 account credit. Accounts with up to $10,000 capital may be paid entirely with XP. Above that: up to 50% of the price after coupons. Not withdrawable as cash.
None.
EAs allowed only as decision-support tools (alerts, partial management, predefined rules). Fully autonomous trading bots are prohibited.
Bots and algorithmic execution allowed, subject to API limits; spam, overload and latency exploitation prohibited
Privacy or security use allowed; not to bypass restricted jurisdictions, sanctions, bans or account controls
Cross-account hedging (opposing positions on the same instrument across accounts) is forbidden.
Within the same account where supported by the engine. Coordinated opposite positions across accounts to guarantee passing or payouts prohibited.
Manual scalping allowed with a minimum 5-second hold per trade. Tick scalping and HFT are forbidden.
No minimum holding time; exploiting stale prices prohibited
Martingale strategies (doubling position size after losses) are classified as gambling and forbidden.
No fixed risk-per-trade percentage or per-position margin-percentage cap; available margin, leverage, market limits and account-loss limits still apply. Up to 100 simultaneous positions in CAS-1.0.
Outbound copy trading (from your For Traders account to external accounts) is allowed. Inbound copy trading from external sources is strictly forbidden.
Between owned accounts and through the authorised built-in copier. One source per destination, no chains; unavailable on shared accounts. Never share credentials.
Free in the challenge. On the Master account, no new positions from 5 minutes before to 5 minutes after high-impact news; open positions can stay. Breaking it is a soft breach: those profits may be deducted.
Close at least one position every 7 days, in the challenge and on the Master account. Breaking it is a hard breach.
Possible closure after 90 consecutive days without trading in evaluation, funded and Instant accounts
Positions can stay open overnight and over the weekend.
Overnight and weekend holding allowed while the market remains tradable
- Arbitrage (latency, reverse, statistical)
- HFT (High Frequency Trading)
- Grid trading
- Tick scalping
- Fully autonomous bots/EAs
- Cross-account hedging
- Gambling behaviors (overleveraging, all-in trades > 70% of profit target)
- Martingale
- Inbound copy trading and signal services
- Group/signal trading from Telegram, Discord etc.
Latency, stale-price, technical-error or impossible-fill exploitation; coordinated risk-free cross-account hedging, abusive account farming, wash trading, spoofing, manipulation, API-limit evasion and third-party management outside authorised features.

















