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Comparison · Crypto

Trading styles allowed at Cashed and FFOne Perps

Cashed offers a highly accessible entry point with accounts starting at just $5, utilizing a proprietary platform and static drawdown rules. FFOne Perps focuses on a specialized crypto experience via the TruTik/Hyperliquid ecosystem, with evaluations starting at $25 and daily payout requests. While both firms specialize in the crypto market, Cashed provides more flexibility for automated systems and news trading, whereas FFOne Perps offers higher leverage on specific perpetual markets.

Updated on

Scalping

Both firms allow for high-frequency price action trading, though they have different technical boundaries.

  • Cashed: There is no minimum holding time for trades. Traders can exploit small moves freely, provided they do not use strategies based on "stale prices" or latency. The proprietary platform supports up to 100 simultaneous positions.
  • FFOne Perps: While there is no published minimum holding time, the firm explicitly prohibits "High-frequency trading" (HFT). This creates a gray area for ultra-fast scalpers. Execution is handled through TruTik, reflecting Hyperliquid’s market conditions.
  • Risk and Costs: In both firms, scalping is affected by execution costs. FFOne Perps charges a flat 0.03% per fill (opening and closing), while Cashed deducts fees directly from performance, though they do not publish a single fixed rate.

Swing Trading

Holding positions over multiple days or weeks is permitted in both firms, which is essential for crypto traders.

  • Cashed: Overnight and weekend holding is fully allowed as long as the underlying crypto market remains tradable. The static drawdown is beneficial here, as the maximum loss limit does not move up with profits, giving positions room to breathe.
  • FFOne Perps: Since perpetual markets trade 24/7, positions can remain open indefinitely. However, swing traders must account for "funding rates" which are debited or credited periodically and directly affect the account balance and drawdown.
  • Drawdown impact: Cashed enforces drawdown on equity (including floating losses), meaning a large swing position in temporary drawdown could breach the account even if the balance is high. FFOne Perps also measures drawdown on equity, and reaching the floor results in a "hard breach" (account closure).

News Trading

The ability to trade during high-volatility events differs significantly between these two providers.

  • Cashed: Trading during news events is permitted without restrictions. This allows traders to capitalize on the sudden volatility common in crypto markets.
  • FFOne Perps: There is a contradiction in their rules. While news trading is allowed during the evaluation phase, the TruTik prohibited list for funded accounts bans news trading, subject to manual review. This makes FFOne Perps a risky choice for news-heavy strategies.
  • Alternative: If a trader is banned from news trading on a funded FFOne account, they would have to pivot to a trend-following style that avoids entry/exit during economic or crypto-specific releases.

Automated Trading (EAs and Bots)

This is where the two firms diverge most sharply in their technical offerings.

  • Cashed: Algorithmic execution and bots are allowed, subject to API limits. This is ideal for developers or users of automated signals. The firm only prohibits spamming the API or exploiting technical errors.
  • FFOne Perps: The website and help center explicitly ban bots and EAs. However, their technical provider (TruTik) mentions that bots are only allowed through their documented API. Because of this conflict, automated traders should proceed with extreme caution or assume it is prohibited.
  • Interaction with Payouts: Cashed allows bots but requires all positions and orders to be closed before requesting a payout (Standard/Flex accounts).

Copy Trading

Both firms allow copy trading but restrict it to the trader's own accounts.

  • Cashed: Features an authorized built-in copier. You can copy between your owned accounts, but "chains" (copying from A to B to C) are prohibited. It is not available for shared accounts.
  • FFOne Perps: Only allows copying between your own accounts. Copying or coordinating trades with other traders or using "account passing" services is a prohibited strategy that leads to a permanent ban.

Hedging and Stacking

  • Cashed: Hedging is allowed within the same account if the engine supports it. Stacking (adding to a winning position) and Martingale are also permitted. However, hedging across different accounts to guarantee a pass or payout is strictly forbidden.
  • FFOne Perps: Hedging across different accounts (e.g., your evaluation vs. your funded account) is prohibited. Martingale is not explicitly mentioned as allowed, but "sacrificial accounts" (gambling the whole account on one trade) is a banned strategy.

If you trade like this

  • Small-capital experimenters: Cashed is the best choice, offering accounts from $5 to $1,000 activation fees.
  • Pure automated/API traders: Cashed is the only reliable option given FFOne Perps' conflicting rules on bots.
  • High-leverage crypto specialists: FFOne Perps offers up to 40:1 on select markets, whereas Cashed caps the most liquid assets (BTC/ETH) at 10:1.
  • US-based traders: FFOne Perps is based in the USA, while Cashed is registered in the UK.

Frequently asked questions

Which firm is cheaper to start with, Cashed or FFOne Perps?

Cashed is significantly cheaper for beginners, as it offers "activation payments" starting at just $5 for small simulated accounts. In contrast, the cheapest evaluation at FFOne Perps starts at $25 for a $5,000 account. Cashed's flexible pricing allows traders to choose intermediate amounts up to $1,000, whereas FFOne Perps follows a more traditional evaluation price structure.

Can I use automated trading bots on both Cashed and FFOne Perps?

No, Cashed is the only one that clearly allows bots and algorithmic execution, provided you stay within API limits. FFOne Perps has conflicting information: while its website and help center ban all automated trading, its technical platform (TruTik) suggests bots might be allowed via API. For safety, Cashed is the better choice for EA users.

How do payout methods compare between Cashed and FFOne Perps?

Cashed handles payouts exclusively through crypto, specifically USDC on the Solana network, with a minimum net amount of 20 USDC. FFOne Perps uses the Rise platform for payouts, which requires identity verification before the first withdrawal and has a higher minimum of $100 gross ($80 to the trader at an 80% split).

Is the drawdown rule more restrictive on Cashed or FFOne Perps?

Both firms use static drawdown, which is generally friendlier than trailing drawdown. However, Cashed's drawdown is calculated against the starting capital and enforced on equity, including floating losses. FFOne Perps also uses a static floor based on equity, but on funded accounts, the floor moves up to the starting balance permanently after the first payout, which adds a layer of long-term risk not present in Cashed's "Flex" or "Standard" rules.

Field by field

Cashed and FFOne Perps, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

46 differences

No active discount right now.

Headquarters

Registered office: 9 St. Clair Road, Salisbury, England, SP2 8AE

Temecula, California, United States

Country

United Kingdom

United States

Foundation

2026

2024

Banned Countries
No data
Afghanistan, Algeria, Angola, Belarus, Burundi, Central African Republic, Cote d'Ivoire, Crimea (incl. Donetsk, Luhansk, Kherson, Zaporizhzhia), Cuba, Democratic Republic of the Congo, Ethiopia, Haiti, Iran, Iraq, Kosovo, Lebanon, Libya, Mali, Mauritius, Mongolia, Montenegro, Morocco, Nicaragua, North Korea, Pakistan, Papua New Guinea, Russia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Turkey, Uganda, Ukraine, Venezuela, Vietnam, Yemen, Zimbabwe
Assets
Crypto
Crypto
Refund
No

No refund for failing or breaching an account. Exceptions for duplicate charges, payment errors, non-delivery and applicable statutory rights.

Limited

Full refund within 14 days of purchase if no trade has been placed. No refund after trading, after 14 days or after a breach. Duplicate or mistaken charges are refunded.

Payout Fee

Cashed intends to cover standard network fees where practical; exceptional costs disclosed in advance

No data
Platforms
Propietary Platform
TruTik
Payout Methods
Crypto
Rise
Payment Methods
Crypto
Card, Crypto, ApplePay, GooglePay
Payout Frequency

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.

One request per day, from the first funded day. No payout windows or minimum days. The previous request must be paid before a new one.

Crypto Weekend Trading
Yes

While the market remains tradable

Yes

Perps trade 24/7. Positions can stay open over the weekend.

Maximum Withdrawal

Instant: first gross distribution capped at 5% of starting capital

All available profit, without going below the floor. The help center sets $10,000 gross per user per calendar month across all funded evaluation accounts; the website and the TruTik builder say no cap. After each payout, retained profit becomes a permanent buffer: only new profit above the new balance can be withdrawn later.

Minimum Withdrawal

20 USDC net to the trader

$100 gross per request ($80 to you at 80%). All trades and orders closed first. Rise verifies identity before the first payout.

Payout Guarantee
No data

No guarantee. Payouts need staff approval and are sent through Rise, usually within 24 hours.

Crypto

BTC, ETH and SOL: up to 10:1. Major crypto: up to 5:1. Others: 2:1. The lower account or market limit applies.

BTC and ETH: up to 10:1. Other perps: up to 5:1, and up to 40:1 on select markets. Measured against account size. The TruTik builder states Hyperliquid's maximum for each market.

Commission
No data

0.03% of position value per fill, on opening and closing; same for maker and taker. Open positions also pay or receive funding.

Swap Free
Yes

Recurring funding payments are not currently debited or credited; displayed rates are reference data

Limited

No swaps. Open positions pay or receive the market's periodic funding rate, which affects balance and drawdown.

Account Reset

The rulebook provides for account resets and upgrades; only the owner purchases them on shared accounts. Pricing is not published.

No

No resets. After a breach, you need a new evaluation.

Instant
Yes
No
One Step
Yes
Yes
Account scaling
Yes

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.

No data
Max Drawdown

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.

Static, chosen at purchase, measured on equity including open positions. Touching the floor closes the account. On the funded account, the floor moves up to the starting balance for good after the first payout; TruTik says an accepted request already raises it, even if later rejected.

Daily Drawdown

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.

Hard breach: reaching it closes the account, in evaluation and in funded. Fixed amount by account size, measured from equity at the start of the day, open positions included. The help center resets it at midnight New York time; the TruTik builder shows 00:00 UTC.

Max Allocation
500,000
250,000
Maximum Accounts

Unlimited evaluations; up to 2 active Instant accounts. The funded-capital cap includes Instant, scaling and shared capital attributed to each member.

Up to 5 funded accounts at a time per the TruTik checkout; the help center says 10. Unlimited evaluations in progress.

Merge Accounts
No
No data
Maximum Trading Days

No evaluation time limit; inactivity rules apply

No time limit.

Minimum Trading Days

0 days in evaluation and funded accounts

None.

Points Reward Program

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.

No data
Add-ons
No data
Yes

90% profit split add-on at checkout. Its price depends on the build and it is never discounted.

Two Steps
No data
No
Profit Split
No data

80% included. 90% with the add-on, only at checkout; it carries over to the funded account.

Three Steps
No data
No
Minimum Profitable Days
No data

None.

Expert Advisor (EA)
Yes

Bots and algorithmic execution allowed, subject to API limits; spam, overload and latency exploitation prohibited

No

The website and help center ban bots, EAs and any automated trading. The TruTik prohibited list only allows bots through its documented API.

VPN
Limited

Privacy or security use allowed; not to bypass restricted jurisdictions, sanctions, bans or account controls

No data
Hedging
Limited

Within the same account where supported by the engine. Coordinated opposite positions across accounts to guarantee passing or payouts prohibited.

Limited

Opposite positions across accounts are prohibited: your own, evaluation against funded, or with someone else.

Requires Stop Loss
No
No data
Scalping
Yes

No minimum holding time; exploiting stale prices prohibited

Limited

No minimum holding time is published. High-frequency trading is prohibited.

Stacking / Layering (DCA)
Yes
No data
Martingale
Yes
No data
Maximum Risk Limit
No

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.

No

No position-size cap beyond each market's leverage limit.

Copy Trading
Limited

Between owned accounts and through the authorised built-in copier. One source per destination, no chains; unavailable on shared accounts. Never share credentials.

Limited

Only between your own accounts. Copying or coordinating trades with other traders is prohibited.

News Trading
Yes
Limited

Allowed in the evaluation. The TruTik prohibited list bans news trading on funded accounts, reviewed manually; the help center does not mention it.

Inactivity Rule

Possible closure after 90 consecutive days without trading in evaluation, funded and Instant accounts

No
Consistency Rule
No
No
Hold Weekend
Yes

Overnight and weekend holding allowed while the market remains tradable

Yes

24/7 market with no weekend close.

Prohibited Strategies

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.

Cross-account hedging; group or coordinated trading; sacrificial accounts; all-or-nothing evaluation gambling; high-frequency trading; latency arbitrage; trading stale or wrong prices; fill, slippage, liquidation or mark-price exploits; spoofing, layering and wash trading; quote stuffing; risk-free setups; account sharing or passing services. Consequences: trades removed, profits adjusted, payouts denied, accounts closed and bans.

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