How you lose the account
At Crypto Fund Trader, the account is terminated primarily by breaching the daily loss limit or the maximum drawdown. However, there are specific "soft" and "hard" traps: using prohibited strategies like high-frequency trading (HFT) or latency exploitation will lead to immediate disqualification. On Bybit evaluations, a technical breach occurs if you disconnect the API or add personal funds to the subaccount.
At The Trading Pit, the risk of losing the account is more structural. Beyond the drawdown limits, you will lose the account if you fail to place a trade for 21 consecutive days (inactivity rule). Crucially, this firm enforces a mandatory Stop Loss; failing to set one is a direct violation of the agreed conditions and can lead to account termination.
Maximum drawdown
The nature of the "floor" differs significantly between these two firms:
- Crypto Fund Trader: Uses a mixed model. For 2-Phase and Instant accounts, the drawdown is static (fixed at a percentage of the initial balance). However, for 1-Phase and Bybit evaluations, it uses a trailing drawdown.
- Numerical Example: In a $100,000 1-Phase account (6% trailing), your initial floor is $94,000. If your balance grows to $102,000, your new maximum loss limit rises to $96,000. If the market retraces to that level, you lose the account despite being in profit relative to your starting capital.
- The Trading Pit: Generally uses a static drawdown for most challenges, which is safer for the trader as the floor never moves up. However, for Instant Earning accounts and specific large 1-Phase accounts, it trails the highest balance.
- Numerical Example: In a $50,000 1-Phase account (6% static), your floor is permanently $47,000. Even if you grow the account to $60,000, you still have $13,000 of "buffer" before hitting the limit.
Daily drawdown
This is the most frequent cause of account loss due to market volatility:
- Crypto Fund Trader: The limit is usually 4% (1-Phase/Instant) or 5% (2-Phase). It is balance-based on MT5/MatchTrader. For Bybit, it is equity-based and resets at 00:05 UTC. A risk factor here is that the JSON does not specify a "buffer" for commissions, meaning a trade closed at a break-even price could still breach the limit due to trading costs.
- The Trading Pit: The limit varies between 3% and 5% depending on the plan. It is calculated based on the previous day's closing balance and updates daily at 16:15 CT. This fixed reset time is a risk if you hold volatile positions across that specific hour.
Rules beyond drawdown
Both firms impose restrictions that limit how you can trade:
Crypto Fund Trader Rules:
- Profit Cap: Simulated profit is restricted to $10,000 per trading day and per trade. Any excess is not counted.
- Consistency: Only for "Break" accounts, where no single day can exceed 40% of total profit.
- Bybit Restrictions: Prohibits spot trading, options, and non-USDT pairs.
The Trading Pit Rules:
- Mandatory Stop Loss: Every trade must have a Stop Loss.
- Minimum Profitable Days: You must have at least 3 days where you earn at least 0.5% of the initial balance. Failing to meet this prevents you from passing, even if you hit the profit target.
- Risk per Idea: On large accounts, you cannot risk more than 1.5% of the balance on a single trade idea.
- Consistency: A 50% rule for large 1-Phase accounts and a 30% rule for Instant accounts.
Risk that comes from the setup
The platform and leverage directly impact your execution risk:
- Crypto Fund Trader offers high leverage (up to 100:1 on Forex and Crypto). While this allows for larger positions, it makes it extremely easy to hit the daily drawdown in minutes. They support MT5, MatchTrader, and Bybit. Note that they charge a 5% fee on crypto payouts, which is a significant loss of realized gain.
- The Trading Pit provides much lower leverage, especially in Crypto (2:1). This reduces the risk of a sudden "flash crash" blowing the account, but makes it harder to recover from a losing streak. They offer MT4, MT5, and cTrader. Their payout fee is much lower (1%).
What is at stake and what you recover
The initial fee is the "at-risk" capital:
- Crypto Fund Trader: A $50,000 1-Phase account costs $369. This fee is not refundable, which increases the total cost of a failed attempt. However, they offer a "Reset" option for suspended funded accounts (e.g., $1,140 for a $50k 2-Phase) if you followed certain risk rules like using stop losses.
- The Trading Pit: A $50,000 1-Phase account costs $349. Unlike its competitor, this firm refunds the fee after your first or third payout (depending on the purchase date). This means if you are successful, your "risk capital" eventually returns to zero.
Frequently asked questions
Which firm is cheaper for a $100,000 evaluation, Crypto Fund Trader or The Trading Pit?
For a 1-Phase evaluation of $100,000, The Trading Pit is cheaper at $569, compared to $619 at Crypto Fund Trader. However, if you prefer a 2-Phase evaluation, the situation reverses: Crypto Fund Trader costs $660, while The Trading Pit stays at $569, making the latter more cost-effective in both scenarios for this specific account size.
Does Crypto Fund Trader or The Trading Pit have stricter rules regarding Stop Losses?
The Trading Pit is significantly stricter, as it makes the use of a Stop Loss mandatory for all trades. Failing to set one is a violation of the rules. In contrast, Crypto Fund Trader does not require a Stop Loss for standard trading, although it does require it if you wish to be eligible for their "Reset" program or "Profit Breach" protection after an account suspension.
Which firm has a more restrictive consistency rule, Crypto Fund Trader or The Trading Pit?
The Trading Pit has a more restrictive and broadly applied consistency rule. On its Instant accounts, the best trading day cannot exceed 30% of total profits, and on large 1-Phase accounts, it is capped at 50%. Crypto Fund Trader only applies a consistency rule to its "Break" accounts (40% limit), leaving its standard 1-Phase and 2-Phase accounts free from this specific restriction.
Between Crypto Fund Trader and The Trading Pit, which one charges more for withdrawing profits?
Crypto Fund Trader is more expensive for withdrawals, charging a 5% processing fee on crypto payouts (USDT TRC20). The Trading Pit only charges a 1% payout fee. Furthermore, The Trading Pit refunds the initial challenge fee upon reaching the first or third reward, whereas Crypto Fund Trader does not offer refunds on evaluation fees.





















