Which is better for your first challenge: Crypto Fund Trader or Iceberg?

Bahnhofstrasse 21, 6300, Zug, Switzerland

Alan Sanchez

Switzerland

2022

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

1-Phase and 2-Phase: after at least 15 traded days or every 30 calendar days; the Weekly Payout add-on reduces this to 7 traded days. Break: on demand with no minimum traded days after passing, paying the activation fee and meeting the 40% consistency rule. Instant: Withdrawal & Upgrade at 10% profit with no minimum days; earlier withdrawals follow the standard conditions.

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

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.

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: no such cap.

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

Up to 100:1, depending on the instrument and the limits available on Bybit.

BTC, ETH and SOL: up to 10:1. Other crypto: up to 2:1.

Bybit evaluations use the native fees of the trader's connected Bybit account. Fees vary by trading pair, maker/taker status and volume tier. Crypto Fund Trader does not add a markup.

Hourly funding using Hyperliquid rates.

Resets apply only to suspended Final Stage accounts from 1-Phase and 2-Phase evaluations. Every trade must have used a stop loss, no trade may have risked more than 2%, and the reset must be requested within 30 calendar days.

1-Phase: Weekly Payout (+20%) and 90% Profit Split (+20%). 2-Phase: Weekly Payout (+20%), 90% Profit Split (+20%), 6% Daily Drawdown (+15%) and 12% Maximum Drawdown (+25%).

Instant accounts can double in size after reaching 10% simulated profit and requesting a Withdrawal & Upgrade. They can scale up to $1,280,000.

1-Phase and Break use a balance-based trailing loss limit that locks at the initial balance after sufficient profit. 2-Phase and Instant use fixed maximum-loss limits. Exact percentages are shown in each challenge.

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.

1-Phase, 2-Phase and Break start at 80%; 1-Phase and 2-Phase can select a 90% add-on. Instant starts at 50% and increases through its scaling levels.

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

Daily drawdown is calculated from equity using the account balance at 00:05 UTC. Break accounts do not have a separate daily-loss limit. Exact limits are shown in each challenge.

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

Standard Final Stage allocation is capped at $300,000. Instant accounts are separate and can scale to $1,280,000. Break accounts also have a separate allocation limit.

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: no evaluation allocation cap; up to USD 200,000 funded and active. Separate limits; a passed evaluation waits until capacity is available.

Unlimited.

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

No minimum trading days to pass 1-Phase, 2-Phase or Break evaluations. Instant has no evaluation phase.

No minimum.

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

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.

Expert Advisors and automation are allowed when used for normal trading. EAs designed for high-frequency trading, tick scalping, arbitrage, reverse trading or exploitation are prohibited.

Hedging and opposite positions across accounts are prohibited. To reverse direction on the same instrument, existing opposite positions must first be closed and the applicable timing rules respected.

Normal scalping is allowed. Tick scalping, high-frequency trading and latency exploitation are prohibited.

Simulated profit is capped at $10,000 per trading day and per trade. Trades closed in parts or opened together as one strategy may be treated as a single trade.

Break evaluations may be copied only between the same trader's own Break accounts. Copy trading is prohibited in Break Final Stage and between different traders, third parties or coordinated accounts.

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

Only Break Final Stage accounts apply a consistency rule: no single trading day may represent more than 40% of total profits. It is checked only when requesting a payout and does not breach the account.

Crypto futures trade 24 hours a day, 7 days a week, and positions may remain open overnight and over weekends.

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

High-frequency trading, tick scalping, latency or price-feed exploitation, arbitrage, gambling or all-in trading, abusive hedging, reverse trading across accounts, coordinated trading, unauthorized deposits into the Bybit subaccount, modifying or disconnecting the API, spot trading, options and non-USDT pairs are prohibited.

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