Perps firms comparator
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Full comparisonforTraders Perps vs HypernovaThe written analysis: where each one wins, who each fits best and FAQs.Read the comparison 58 differences
No active discount right now.
Goldcrest Executive Building, Office No. 1210, JLT, Cluster C, Dubai, United Arab Emirates
George Town, Grand Cayman
Jakub Rož
Anar Bayramov
United Arab Emirates
Cayman Islands
2023
2025
No broker: prices come from Hyperliquid or Binance, whichever has more liquidity for each market.
Hypernova proprietary engine using Hyperliquid market data. Simulated trading; orders are not routed to Hyperliquid.
- Crypto ($100 to $399): $25
- Rise ($400 or more): $50
No platform fee. Hypernova sponsors gas for USDC payouts on Arbitrum.
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.
On demand, 24/7, with no waiting period. Close positions and orders before requesting a payout; settlement in seconds.
48 hours: if not paid within 48h, 100% profit split
Every market trades 24/7, weekends included: indices, gold and oil too.
$10,000 per reward.
$100 to withdraw from the For Traders wallet.
No minimum; the account must be in profit.
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.
Fixed daily fee on position value, charged hourly and equal for longs and shorts: crypto 0.03%, forex 0.005%, other markets 0.015%.
Hourly funding on open positions, using Hyperliquid rates.
Optional 90% payout split selected when purchasing a new account; costs 15% of the base assessment fee.
Scaling programme announced, not yet available. Nova Score is informational during beta.
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 floor based on starting balance. Enforced in real time on equity, including open positions. Touching the limit permanently closes the account.
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.
Recalculated at 00:00 UTC from the balance at that time and enforced on equity. Payouts adjust the daily loss budget so withdrawals do not count as trading losses.
Up to 2 ongoing assessments. Assessments and funded accounts share the capital limit; demos are excluded.
No time limit.
No time limit, subject to the inactivity rule
None.
No minimum
None.
EAs allowed only as decision-support tools (alerts, partial management, predefined rules). Fully autonomous trading bots are prohibited.
Self-built bots and strategies on a single account; no third-party signals or off-the-shelf evaluation strategies.
VPN use to bypass jurisdiction restrictions is prohibited.
Cross-account hedging (opposing positions on the same instrument across accounts) is forbidden.
Permitted within the same account in hedge mode. Hedging across Hypernova accounts or with other firms is prohibited.
Manual scalping allowed with a minimum 5-second hold per trade. Tick scalping and HFT are forbidden.
Martingale strategies (doubling position size after losses) are classified as gambling and forbidden.
Per-symbol leverage and notional position-size caps, published in Markets and the terminal.
Outbound copy trading (from your For Traders account to external accounts) is allowed. Inbound copy trading from external sources is strictly forbidden.
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.
Account freeze after 3 months without trades.
Positions can stay open overnight and over the weekend.
- 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.
Prohibited: cross-account arbitrage or hedging; third-party signals and copy trading; off-the-shelf evaluation strategies; account sharing or multiple accounts from one household, device or IP without approval; exploiting errors, latency or pricing; identity fraud; insider trading and front-running; materially switching strategy after funding; strategies that cannot be replicated in live markets or exploit simulation; conduct creating legal risk or breaching provider terms.

















