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Comparator

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

53 differences

No active discount right now.

Headquarters

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

No data
CEO

Jakub Rož

No data
Country

United Arab Emirates

No data
Foundation

2023

No data
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, Forex, Commodities, Indices, Stocks
Brokers

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

Simulated capital using Hyperliquid prices and depth. Orders are not sent to the live venue.

Refund
No data
No
Payout Fee
  • Crypto ($100 to $399): $25
  • Rise ($400 or more): $50
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Platforms
For Traders Perps
Propietary Platform
Payout Methods
Crypto, Rise
Crypto
Payment Methods
Card, Crypto
Crypto
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.

Instant: first request 120 hours after the first executed trade; thereafter, 120 hours after each received payout. Unlimited and Pro funded: on demand, without a waiting period or cooldown.

Payout Guarantee

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

Native USDC payouts on Arbitrum One, subject to available public-pool funds. Requests may queue when liquidity is unavailable. Close positions and cancel orders before requesting.

Crypto Weekend Trading
Yes

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

Yes
Maximum Withdrawal

$10,000 per reward.

Instant: 5% of initial capital gross per payout. Each request resets the balance to initial capital; excess above the cap is forfeited on settlement. Partial withdrawals are unavailable. Unlimited and Pro: no such cap.

Minimum Withdrawal

$100 to withdraw from the For Traders wallet.

Instant: 1% of initial capital gross. Unlimited and Pro funded: USD 25 gross.

Metals

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

5:1 - 8:1
Energies

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

8:1
Indices

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

10:1
Stocks

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

4:1
Crypto

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. Other crypto: up to 2:1.

Forex
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25:1
Forex
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0.003% - 0.009%
Metals
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0.003% - 0.009% - 0.03% - 0.09%
Energies
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0.003% - 0.009%
Indices
No data
0.003% - 0.009%
Stocks
No data
0.003% - 0.009% - 0.03% - 0.09%
Crypto
No data
0.015% - 0.045%
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

Hourly funding using Hyperliquid rates.

Instant
No
Yes
One Step
Yes
Yes
Two Steps
No
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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.

Static floor based on initial capital; it does not trail profits or decrease after payouts. Checked against equity, including open P&L, fees and funding.

Profit Split

80%.

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Free Trial
No data
Yes

Free USD 5,000 demo, one at a time.

Profit After Breach
No data

After a loss-limit breach or Instant expiry, unrequested funded profit loses payout eligibility. Amounts reserved for previously submitted requests are not automatically forfeited.

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.

Based on the opening balance at 00:00 UTC, after funding. Payout reserves and returns adjust cash and the daily floor equally.

Three Steps
No
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Max Allocation
No data

Instant: USD 50,000 across unexpired accounts and pending purchases; up to USD 50,000 active. Standby accounts count and archiving does not free capacity. Unlimited and Pro: no evaluation allocation cap; up to USD 200,000 combined funded and active. Separate limits; a passed evaluation waits until capacity is available.

Maximum Trading Days

No time limit.

Instant: expires 90 days after first activation, even without trading. Unlimited and Pro: no expiration in evaluation or funded phases.

Minimum Trading Days

None.

No minimum.

Points Reward Program
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Ice Points for eligible activity; the formula is variable and unpublished. 10,000 points: 5% discount; 18,000: 10% discount; 7,500: badge. Owner-bound codes, one use, valid for 90 days and non-stackable.

Minimum Profitable Days

None.

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Expert Advisor (EA)
No

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

No data
Hedging
No

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

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Requires Stop Loss
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No
Scalping
Yes

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

No data
Martingale
No

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

No data
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

Only between your own accounts. Copying between different users is prohibited.

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
No
Hold Weekend
Yes

Positions can stay open overnight and over the weekend.

Yes

Overnight holding is also allowed when usable market data is available.

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.

Account sharing, cross-account hedging, copying between users, latency arbitrage and tick-sniping. Breaches may lead to a ban; appeals through Discord.

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