Cashed and Velotrade at a glance

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

Hong Kong

United Kingdom

Hong Kong

2026

2025

Gianluca Pizzituti

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

No standard fee refund after passing. The terms exclude refunds once the platform is accessed or the first trade is placed, except where required by law.

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

Variable network fee, deducted from the withdrawal and shown when requesting it.

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.

First, after 14 calendar days from the first funded trade and completion of the required profitable days. Then weekly on request. Paid in USDC or USDT.

While the market remains tradable

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

First and second withdrawals: capped at 20 times the challenge fee actually paid. The excess is forfeited. No cap from the third withdrawal. Full withdrawals only; the starting balance is restored afterwards without moving the drawdown floor.

20 USDC net to the trader

USD 100

Processing within 24 hours of approval. Trading is halted during the preceding review, which may take longer during busy periods.

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

Evaluation / funded: BTC 10:1 / 5:1; ETH and SOL 6:1 / 5:1; XRP, HYPE, DOGE, BNB, BCH, SUI, XAUT and ADA 3:1 / 2:1; remaining crypto 2:1 / 2:1.

Evaluation / funded: majors 50:1 / 30:1; minors 30:1 / 20:1; exotics 20:1 / 10:1.

Evaluation 6:1; funded 5:1.

Evaluation 6:1; funded 5:1.

Evaluation 6:1; funded 5:1.

Evaluation 5:1; funded 3:1.

Evaluation 6:1; funded 5:1.

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

Overnight funding is 0.05% of notional, the same for longs and shorts. Crypto, stocks, indices and commodities: 00:30 UTC, including weekends. Forex: 21:00 UTC, triple on Wednesday and no separate Saturday or Sunday charge.

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

No resets or standard free retakes. A failed challenge requires a new purchase.

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 published scaling plan. Increasing capital requires additional accounts within the maximum allocation.

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 against each phase's starting balance, including funded accounts. It does not trail profits or move with payouts. Balance and floor reset at the start of the second phase. Equity reaching or falling below the floor, including floating losses, closes the account.

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.

Recalculated at 00:30 UTC from the higher of balance or equity at that moment. Floating profit can raise the reference; the resulting floor is monitored against real-time equity. Reaching or falling below it breaches the account.

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

One registered profile and verified identity. Multiple challenges and funded accounts may sit under that profile; each is assessed separately and results cannot offset one another.

No evaluation time limit; inactivity rules apply

No completion deadline; the inactivity rule still applies.

0 days in evaluation and funded accounts

Five qualifying days, not necessarily consecutive, per evaluation phase. The count resets on funding and must be met again before the first payout, but not subsequent payouts.

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.

Profit-share upgrade available at purchase. Variants and their prices are shown in the challenges.

Free read-only DXtrade guest access to view instruments and prices, without trading. Sprint offers challenge prizes, with award-specific profit splits and payout caps.

A qualifying day requires net realised profit of at least 0.8% of the starting balance. Days run from 00:30 to 00:30 UTC. Holding a position open does not add days.

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

Self-built or publicly available commercial EAs, bots and AI are allowed in evaluation and funded accounts. REST and WebSocket API included without fee or approval; no FIX or L2/L3 depth through the API. MT4/MT5 EAs need a bridge or adaptation. Private, exclusive or bespoke signals are prohibited.

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

VPNs, VPSs and IP changes are allowed. Only the verified owner may trade; access sharing remains prohibited.

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

Only within the same account. Cross-account, cross-platform and cross-firm hedging is prohibited, including via copiers. First offence involving one trade: trades closed and a one-time warning per user; multiple trades or repetition: permanent closure.

Optional. A triggered Stop Loss exits at market and may slip. Stop Limit orders are disabled.

No minimum holding time; exploiting stale prices prohibited

Ordinary scalping is allowed; tick scalping, HFT and pricing or latency exploitation are prohibited.

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 general numeric per-trade cap. Leverage, equity limits and the ban on abusive risk still apply. Single stocks have per-company and total exposure limits published on the platform, with possible short restrictions.

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

Only between accounts owned by the same trader. Public signal services and commercial EAs are allowed without subscriber coordination. Copying other people's accounts, third-party management and private, exclusive or bespoke signals are prohibited.

Macro news trading is allowed. For single stocks, close from 24 hours before to 24 hours after earnings and ex-dividend events. Close before other corporate actions announced at least one day in advance; reopen when normal trading resumes.

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

Deactivated after 30 calendar days without valid activity, counted from assignment or the latest trade close. A trade held at least 60 seconds qualifies; open positions pause the timer and pending orders do not count. One support-requested reactivation is available within six months; afterwards it may be treated as a hard breach.

No cap on a winning day's share of profit; qualifying-day requirements and prohibited strategies still apply.

Overnight and weekend holding allowed while the market remains tradable

Allowed, including forex. Single stocks may have size limits, weekend bans or mandatory out-of-hours closure by instrument. Equity limits and overnight costs continue to apply.

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.

Martingale, grid, arbitrage, tick scalping, HFT, latency or error exploitation, private or bespoke signals, account sharing, insider information, coordinated risk elimination and account rolling. Abusive overleveraging, correlated overexposure and repeatedly adding to losing positions are also prohibited. Profits may be removed, payouts withheld or accounts closed.