Where you trade
The choice of platform defines your technical reach. Cashed operates through a Proprietary Platform, a custom-built environment designed to integrate both perpetual trading and prediction markets into a single interface. This setup centralizes risk management within the web browser, focusing on simplicity and direct execution without external bridges.
forTraders Crypto, on the other hand, offers a more traditional professional infrastructure by providing access to MetaTrader 5 (MT5) and TradeLocker. MT5 is the industry standard for advanced charting and technical analysis, while TradeLocker offers a modern, mobile-friendly alternative with TradingView integration. This dual offering allows traders to use familiar institutional tools and sophisticated third-party indicators.
Who executes your orders
Execution quality and transparency depend on the backend provider. Cashed manages its own simulated environment where execution costs are displayed directly within the platform and deducted from performance. There is no single published commission rate; instead, the cost of doing business is embedded in the live platform spreads and fees.
forTraders Crypto utilizes an external Liquidity Provider to mimic real-market conditions more closely. This results in a transparent commission structure of $25 per lot for crypto trades. For the trader, this means execution in forTraders Crypto feels more like a traditional brokerage environment, whereas Cashed functions as a closed ecosystem.
Leverage and margin
Risk is governed by the interaction between available leverage and the drawdown "floor." Cashed offers tiered leverage: up to 10:1 for BTC, ETH, and SOL, 5:1 for major cryptos, and 2:1 for the rest. Its risk model is based on a Static Maximum Drawdown (e.g., 6% or 7%), which is calculated against the starting capital and does not move upward with profits. This provides a clear, unchanging "hard stop" for the account.
forTraders Crypto provides 1:5 leverage on BTC/ETH and 1:2 on other pairs, though their Fast Pro plan boosts this significantly to 1:20. Unlike Cashed, forTraders Crypto primarily uses a Trailing Drawdown (from the highest balance), which means the liquidation point follows your profit peak. Additionally, they enforce a 3% maximum risk per single position and a unique Drawdown Protection trigger on Master accounts that automatically closes all trades if floating losses reach -2%.
Markets available
The instrument list dictates your strategy's volatility. Cashed provides a hybrid market experience: you can trade Crypto perpetuals alongside prediction markets. This allows traders to hedge crypto price action with binary outcomes on real-world events using the same balance.
forTraders Crypto focuses exclusively on a deep catalog of 70+ crypto CFDs against the USD. This specialization is better suited for pure technical traders who require a wide variety of altcoins to find specific setups across the entire crypto sector.
What the setup lets you do
Platform rules determine which trading styles are actually viable. Cashed is highly permissive: it allows fully autonomous Bots/EAs, Martingale strategies, and News Trading without restrictions. There is no minimum holding time, and they even offer a "no identity document" (No-KYC) onboarding process, prioritizing privacy and algorithmic freedom.
forTraders Crypto is much more restrictive to ensure "professional" behavior. Autonomous bots are prohibited; EAs can only be used for alerts or partial management. Martingale is classified as gambling and is banned. Furthermore, manual scalpers must hold trades for at least 5 seconds, and there are strict consistency rules (e.g., a single day cannot account for more than 15% to 35% of total profit depending on the plan).
What the setup costs
Entry and maintenance costs vary significantly. Cashed offers an extremely low barrier to entry with activation payments starting at just $5 for a $400 or $600 simulated account. They do not charge fixed commissions per lot but focus on platform-integrated fees. Payouts are handled via USDC on Solana with a low minimum of 20 USDC.
forTraders Crypto follows a traditional evaluation fee model, with prices like $129 for a $15,000 account. In addition to the $25/lot commission, traders face payout fees: $25 for crypto withdrawals under $400 and $50 for larger amounts via Rise. The minimum withdrawal is higher at $100. However, they offer a 48-hour payout guarantee, promising a 100% profit split if the transfer is delayed.
Better setup for
- Cashed is the better setup for algorithmic traders and high-risk strategists who want to use Martingale or bots without restrictions and prefer a low-cost, private entry into the markets.
- forTraders Crypto is the better setup for disciplined manual traders who value institutional platforms like MT5, require high leverage (1:20), and prefer the transparency of a liquidity provider-backed environment.
Frequently asked questions
Which firm is cheaper to start with, Cashed or forTraders Crypto?
Cashed is significantly cheaper for beginners, as it offers entry-level accounts for an activation payment of only $5. In contrast, the most affordable entry point for forTraders Crypto is approximately $49 for a $3,000 Instant account, making Cashed the more accessible option for those trading with minimal initial capital.
Which firm offers more freedom for automated trading, Cashed or forTraders Crypto?
Cashed offers much more freedom, as it allows the use of fully autonomous trading bots and EAs subject only to API limits. forTraders Crypto expressly prohibits fully autonomous bots, only allowing EAs to be used as decision-support tools for alerts or partial management, which limits the scope for algorithmic traders.
How do the payout frequencies compare between Cashed and forTraders Crypto?
Cashed provides faster access to profits, offering on-demand payouts for its Standard and Flex plans, and payouts every 48 hours for Instant accounts once the first 1% profit is secured. forTraders Crypto typically requires a 14-day waiting period for its Fast and Instant products, though its Fast Pro plan does allow for on-demand requests.
Does Cashed or forTraders Crypto have stricter risk management rules?
forTraders Crypto has much stricter rules, including a 3% maximum risk per position, a 5-second minimum holding time, and a ban on Martingale strategies. Cashed is more flexible, allowing Martingale, having no minimum holding time for scalping, and using a static drawdown that is easier to track than the trailing drawdown used by forTraders Crypto.
