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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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Full comparisonforTraders Perps vs Crypto Fund TraderThe written analysis: where each one wins, who each fits best and FAQs.Read the comparison
Head to head

54 differences

Headquarters

Goldcrest Executive Building, Office No. 1210, JLT, Cluster C, Dubai, United Arab Emirates

Bahnhofstrasse 21, 6300, Zug, Switzerland

CEO

Jakub Rož

Alan Sanchez

Country

United Arab Emirates

Switzerland

Foundation

2023

2022

Banned Countries
Pakistan, Iran, Syria, Myanmar, Bangladesh, North Korea, Russian Federation, Belarus, Cuba, Lebanon, Libya, Sudan, South Sudan, Crimea, Donetsk, Luhansk, United Arab Emirates
No data
Assets
Crypto, Stocks, Indices, Commodities, Forex
Crypto
Brokers

No broker: prices come from Hyperliquid or Binance, whichever has more liquidity for each market.

Bybit
Refund
No data
No
Payout Fee
  • Crypto ($100 to $399): $25
  • Rise ($400 or more): $50
No data
Platforms
For Traders Perps
ByBit
Payout Methods
Crypto, Rise
Crypto, Transfer
Payment Methods
Card, Crypto
Card, Crypto, PayPal, ApplePay, GooglePay
Payout Frequency

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.

1-Phase and 2-Phase: after at least 15 traded days or every 30 calendar days; the Weekly Payout add-on reduces this to 7 traded days. Break: on demand with no minimum traded days after passing, paying the activation fee and meeting the 40% consistency rule. Instant: Withdrawal & Upgrade at 10% profit with no minimum days; earlier withdrawals follow the standard conditions.

Payout Guarantee

48 hours: if not paid within 48h, 100% profit split

No data
Crypto Weekend Trading
Yes

Every market trades 24/7, weekends included: indices, gold and oil too.

Yes
Maximum Withdrawal

$10,000 per reward.

No data
Minimum Withdrawal

$100 to withdraw from the For Traders wallet.

No data
Metals

Gold: 20:1 in the help center, 10:1 in the instruments list. Silver, platinum, palladium and copper: 5:1.

No data
Energies

WTI and Brent: 8:1. Natural gas: 5:1.

No data
Indices

NAS100 and SP500: 12:1. JP225: 5:1.

No data
Stocks

NVDA, AAPL, MSFT, AMZN, META and GOOGL: 4:1. MSTR, COIN, CRCL, CRWV and BMNR: 2:1. Other stocks: 3:1.

No data
Crypto

BTC: 10:1. ETH: 8:1. BNB and SOL: 5:1. HYPE, DOGE, XRP, TRX and LIT: 3:1. Other crypto: 2:1.

Up to 100:1, depending on the instrument and the limits available on Bybit.

Commission
No data

Bybit evaluations use the native fees of the trader's connected Bybit account. Fees vary by trading pair, maker/taker status and volume tier. Crypto Fund Trader does not add a markup.

Swap Free
No

Fixed daily fee on position value, charged hourly and equal for longs and shorts: crypto 0.03%, forex 0.005%, other markets 0.015%.

No
Account Reset
No data
Yes

Resets apply only to suspended Final Stage accounts from 1-Phase and 2-Phase evaluations. Every trade must have used a stop loss, no trade may have risked more than 2%, and the reset must be requested within 30 calendar days.

Add-ons
No data
Yes

1-Phase: Weekly Payout (+20%) and 90% Profit Split (+20%). 2-Phase: Weekly Payout (+20%), 90% Profit Split (+20%), 6% Daily Drawdown (+15%) and 12% Maximum Drawdown (+25%).

Instant
No
Yes
One Step
Yes
Yes
Account scaling
No data
Yes

Instant accounts can double in size after reaching 10% simulated profit and requesting a Withdrawal & Upgrade. They can scale up to $1,280,000.

Two Steps
No
Yes
Max Drawdown

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.

1-Phase and Break use a balance-based trailing loss limit that locks at the initial balance after sufficient profit. 2-Phase and Instant use fixed maximum-loss limits. Exact percentages are shown in each challenge.

Profit Split

80%.

1-Phase, 2-Phase and Break start at 80%; 1-Phase and 2-Phase can select a 90% add-on. Instant starts at 50% and increases through its scaling levels.

Free Trial
No data
No
Daily Drawdown

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.

Daily drawdown is calculated from equity using the account balance at 00:05 UTC. Break accounts do not have a separate daily-loss limit. Exact limits are shown in each challenge.

Three Steps
No
No data
Max Allocation
No data

Standard Final Stage allocation is capped at $300,000. Instant accounts are separate and can scale to $1,280,000. Break accounts also have a separate allocation limit.

Merge Accounts
No data
No
Maximum Trading Days

No time limit.

Unlimited.

Minimum Trading Days

None.

No minimum trading days to pass 1-Phase, 2-Phase or Break evaluations. Instant has no evaluation phase.

Minimum Profitable Days

None.

No data
Expert Advisor (EA)
No

EAs allowed only as decision-support tools (alerts, partial management, predefined rules). Fully autonomous trading bots are prohibited.

Limited

Expert Advisors and automation are allowed when used for normal trading. EAs designed for high-frequency trading, tick scalping, arbitrage, reverse trading or exploitation are prohibited.

VPN
No data
Yes
Hedging
No

Cross-account hedging (opposing positions on the same instrument across accounts) is forbidden.

No

Hedging and opposite positions across accounts are prohibited. To reverse direction on the same instrument, existing opposite positions must first be closed and the applicable timing rules respected.

Requires Stop Loss
No data
No
Scalping
Yes

Manual scalping allowed with a minimum 5-second hold per trade. Tick scalping and HFT are forbidden.

Limited

Normal scalping is allowed. Tick scalping, high-frequency trading and latency exploitation are prohibited.

Stacking / Layering (DCA)
No data
Yes
Martingale
No

Martingale strategies (doubling position size after losses) are classified as gambling and forbidden.

No data
Maximum Risk Limit
No data
Yes

Simulated profit is capped at $10,000 per trading day and per trade. Trades closed in parts or opened together as one strategy may be treated as a single trade.

Copy Trading
No

Outbound copy trading (from your For Traders account to external accounts) is allowed. Inbound copy trading from external sources is strictly forbidden.

Limited

Break evaluations may be copied only between the same trader's own Break accounts. Copy trading is prohibited in Break Final Stage and between different traders, third parties or coordinated accounts.

News Trading
Limited

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.

Yes
Inactivity Rule
Yes

Close at least one position every 7 days, in the challenge and on the Master account. Breaking it is a hard breach.

No data
Consistency Rule
No
Limited

Only Break Final Stage accounts apply a consistency rule: no single trading day may represent more than 40% of total profits. It is checked only when requesting a payout and does not breach the account.

Hold Weekend
Yes

Positions can stay open overnight and over the weekend.

Yes

Crypto futures trade 24 hours a day, 7 days a week, and positions may remain open overnight and over weekends.

Prohibited Strategies
  • 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.

High-frequency trading, tick scalping, latency or price-feed exploitation, arbitrage, gambling or all-in trading, abusive hedging, reverse trading across accounts, coordinated trading, unauthorized deposits into the Bybit subaccount, modifying or disconnecting the API, spot trading, options and non-USDT pairs are prohibited.

Overnight positions
No data
Yes
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