Crypto Prop Firm Comparison, Term by Term

The same firms as the homepage table, with the columns that usually get dropped: leverage, allocation ceiling, instruments and restricted countries. Everything is quoted from the firm's own published terms.

Published terms for a $25k crypto prop firm evaluation.
TermHyroTraderAquaFundedE8MarketsBlue GuardianBreakout Prop FirmKraken PropFunded Trader MarketsProprCity Traders ImperiumFundedNextMyFundedPerpsVelotradeBitfundedFundedbitCrypto Fund TraderFor TradersInstant FundingDNA FundedFX2 FundingFXIFYUpscale
Challenge formats1-step / 2-step / instant1-step / 2-step / 3-step / instant / pay later1-step1-step / 2-step / instant / pay later1-step / 2-step1-step1-step / 2-step / instant1-step / 2-step1-step / 2-step / instant1-step / 2-step / instant1-step1-step / 2-step1-step / 2-step / instant1-step / 2-step / pay later1-step / 2-step / instant1-step / 2-step / instant / pay later1-step / 2-step / instant1-step / 2-step / instant1-step / 2-step / instant1-step / instant1-step / 2-step / instant
AssetsCrypto onlyMulti-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Crypto onlyMulti-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Crypto onlyMulti-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Multi-asset (crypto plus FX, indices, metals)Crypto onlyCrypto only
Cheapest evaluation$9 2,500$15 5k$16 5k code E8$19 5k code NOV30$20 5k$20 5k$20 5k$25 5k$29 2,500$29.99 5k code NOVSTR$30 10k code ELITE$32 5k code BOTS20$39 5k$39 5k$40 5k$41 3k$44 625$49 5k$50 5k$59 5k$69 5k
$25k price$249$194.93$132 code E8$94 code NOV30$95$95$59$125$199$199.99$75 code ELITE$132 code BOTS20$124$153$240$116 code TRADE15$234$179$235$249$249
Profit split80% to 90%90% (100% with add-on)80% / 90% / 100% chosen at purchase85% default, 90% with paid add-on80% (90% at checkout)80% (90% add-on)Up to 90%80%80%, up to 100% via VIP80%, up to 95% with add-ons80% (90% with paid upgrade)80% (90% add-on)80%80% (up to 100% on Fast Track)80%90% on Fast PRO80% (90% add-on)80% (90% with add-on)80% base, 95% add-on80% bi-weekly or 100% monthly80% (90% upgrade)
Total drawdown5% to 10% across four plans3% to 10% across eight plans6% to 8% across four plans6% to 10% across five plans3% to 6% across three plans3% to 6% across three plans5% to 10% across three plans3% to 8% across four plans5% to 10% across two plans6% to 10% across three plans3% to 6% across four plans3% static / 3% daily (PRO 1-Step)3% to 10% across three plans6% to 10% across two plans6% to 10% across two plans4% to 6% across two plans6% static, 4% daily (IF Micro Pro)4% to 8% across four plans6% to 10% across three plans6% on both plans6% to 10% across three plans
Profit targetOne of the four set a pass markSix of the eight set a pass markAll four set a pass markFour of the five set a pass markAll three set a pass markAll three set a pass markTwo of the three set a pass markAll four set a pass markBoth set a pass markAll three set a pass markAll four set a pass mark10% (PRO 1-Step)All three set a pass markBoth set a pass markBoth set a pass markBoth set a pass markNo target: 5% profit unlocks payout (IF Micro Pro)Three of the four set a pass markAll three set a pass markOne of the two set a pass markOne of the three set a pass mark
Leverage1:1001:100 forex / 1:20 indices / 1:20 commodities / 1:2 crypto (evaluation); 1:50 forex / 1:2 crypto (funded)Classic markets: forex 1:30, indices/metals/energy 1:15, crypto 1:1. Perpetual futures: BTC 1:15, ETH 1:15, other crypto 1:2Forex 1:50 (1:100 on 1 Step Standard challenge), indices/metals 1:10-1:20, crypto 1:21:100Up to 5x on cryptoBTC/ETH 1:5, other crypto 1:2, FX 1:100Up to 10x BTC/ETH/SOL, 2x other cryptoCrypto 1:2, FX 1:30Crypto 1:1, FX 1:30Set per market rather than per account: BTC 10x, ETH 8x, SOL 5x, gold 10x, oil 8x, NAS100 12x, and 2x to 4x on most altcoins and single stocksCrypto 1:10 BTC challenge (1:5 funded), 1:6 ETH/SOL1:1001:30, with 2% maximum exposure per pair1:100Crypto up to 1:20 on Fast PRO, 1:5 BTC elsewhereCrypto 1:2, FX 1:1001:50 forex / 1:10 indices / 1:10 commodities / 1:2 crypto / 1:5 stocksCrypto 1:2, FX 1:1005:1 on BTC, ETH and SOL; 2:1 other crypto1:5
Maximum allocation$200,000$400,000 per funded account (up to $4,000,000 via scaling plan)Unlimited challenge accounts; $500,000 max active performance allocation on E8 One$400,000 active funded allocation; scaling plan to $4,000,000$200,000 across all accounts$200,000 across all accounts$300,000 per account$300,000 across accounts$400,000 on challenges, up to $4M on instant and directUp to $4M through scaling$300,000 in funded accounts across all plans, and $100,000 per plan type$200,000$150,000 USDT$100,000 per account$300,000$300,000 total, $200,000 per account$1,000,000 combined$600,000$300,000$100,000 per crypto account, no scaling$400,000 (Basic and Accelerated combined); $100,000 separate for Turbo
KYCBefore activationNot stated by firmBefore activationBefore payoutBefore activationBefore activationBefore activationBefore activationBefore activationBefore activationBefore activationBefore activationBefore payoutBefore activationBefore payoutBefore activationBefore payoutBefore payoutBefore activationBefore payoutBefore payout
Payout railUSDT / USDCCrypto (BTC, ETH, USDC ERC20/TRC20) / Rise (bank transfer or crypto)Rise Works / WorkMarket / AeropayCrypto (BTC/ETH/USDT, $100 min, under $5,000) / Rise Works (bank, $500 min)USDC (ERC-20)USD to your Kraken wallet / USDG to your Kraken walletUSDC / USDT / BTC / ETH / SOL / RiseUSDC on-chainBank transfer / Crypto wallet / Dashboard walletUSDT (ERC-20/TRC-20) / USDC (ERC-20) / RiseWorks / Bank transferRise (cash) / Store creditUSDC on Arbitrum / USDT on ArbitrumUSDTCrypto payouts (firm's zero-denial policy)BTC / USDT / USDC / DeelBank transfer / CryptoUSDC (ERC-20) / Rise bank transferCrypto (USDT, BTC and other coins) / International bank transferCrypto to wallet / Rise bank transferRise (bank rails) / USDC/USDT where Rise is unavailableUSDT (TON) / USDT (Base) / USDT (BSC)
Payout speedWithin 24 hoursBi-weekly, 24 business-hour guaranteeOn-demand; E8 One first payout from day 3 of the performance stage, then any time; E8 Pro dailyInstant accounts on-demand; challenge accounts every 14 days, 7-day add-on; processing within 24 business hoursOn demand, 24/7Typically 12 hours, guaranteed within 2424-hour guarantee, average around 20 minutesWithin 24 hours, site reports an 8m 16s medianWithin 24 hours, roughly 8 hours averageWithin 24 hours, with a $1,000 penalty if lateOn request once funded: Select, Prime and Signature one request per New York calendar day, Elite at any time. Every request is reviewed by hand and no processing time is published.First payout 14 days after the first funded trade, then weeklyWithin 24 hours of the profit split dayAfter the profit split day, on requestOn demand after the first payoutWithin 48 hours, guaranteedWithin 48 business hours14-day cycle, 24-48h processing48 hours, average 8 hoursEvery 14 days, or monthly on the 100% splitWithin 48 hours
Instruments700+ cryptocurrencies, traded through Bybit or BinanceForex pairs, indices, commodities and crypto CFDs on the CFD accounts (crypto 24/7 at 1:2 leverage); separate futures product via AquaFuturesForex, indices, metals, energies, stocks, crypto (Classic); crypto perpetual futures on the Hyperliquid feed incl. BTC, ETH, alts, 24/7Forex, indices, gold and commodities, cryptocurrencies; crypto commission $0Crypto (perpetual futures); the firm also lists equities and commodities60+ crypto pairs on perpetual-style contracts76 instruments including roughly 40 crypto CFDs160+ perpetual futures on Hyperliquid: crypto, equities, indices, commodities and FX53 symbols including six crypto pairs quoted in USDCFDs on FX, indices, metals, energies, stocks and cryptoCrypto perpetuals around the clock (BTC, ETH, SOL, XRP, DOGE, HYPE, ZEC and more) plus gold, silver, oil, indices, single US stocks and six FX pairs234 instruments including 104 crypto100+ crypto pairs plus 20 TradFi pairs, both tradable on the challenge accounts; traditional pairs carry a 5-day holding limitCrypto pairs on Bybit540+ crypto pairs, 39 forex pairs, indices, commodities and stocks70+ crypto pairs, 24/7 including weekends, plus FX, metals, indices and futures40+ FX pairs plus crypto CFDs, 9 majors as standardForex, indices, commodities, stocks and crypto CFDs (BTCUSD, ETHUSD, SOLUSD, XRPUSD on the published instrument list); crypto commission 0.01% of notionalFX, metals, indices, energies and crypto CFDs80+ crypto CFDs quoted against USDT105 cryptocurrencies, traded 24/7 including weekends
Restricted countriesAfghanistan, Belarus, Burma (Myanmar), Central African Republic, Cuba, Democratic Republic of the Congo, Eritrea, Ethiopia, Haiti, Iran, Iraq, Lebanon, Libya, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, ZimbabweCuba, Iran, Syria, Vietnam, Kenya, Albania, Algeria, North Korea, Senegal, Myanmar, Russia, Belarus, Sudan, South Sudan, Venezuela, Crimea, Donetsk, Luhansk, Thailand (instant only, max $50k), Brazil (instant only, max $50k), Bulgaria (instant only, max $50k), Japan (instant only, max $50k), Jordan (instant only, max $50k), Singapore (instant only, max $50k), Malaysia (instant only, max $50k), Indonesia (instant only, max $50k), Philippines (instant only, max $50k)Afghanistan, Albania, Algeria, Belarus, Burma (Myanmar), Burundi, Central African Republic, Congo, Cuba, DR Congo, Ethiopia, Iran, Iraq, Kosovo, Lebanon, Libya, Mali, Midway Islands, Nicaragua, North Korea, Pakistan, Russia, Samoa, Somalia, South Sudan, Sudan, Syria, Ukraine, United Arab Emirates, Vatican City State, Venezuela, West Bank, Western Sahara, Yemen, ZambiaAfghanistan, Albania, Algeria, Cuba, Iran, Jordan, Libya, Myanmar, North Korea, Philippines, Senegal, Syria, VietnamAfghanistan, Belarus, Burma (Myanmar), Cambodia, Central African Republic, Cuba, Democratic Republic of the Congo, Eritrea, Ethiopia, Haiti, Iran, Iraq, Lebanon, Libya, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, ZimbabweCanada, India, United KingdomCuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, Russia, United States (MT5 and cTrader only)Bangladesh, Belarus, Iran, Iraq, Kazakhstan, Nigeria, North Korea, Pakistan, Russia, Syria, Ukraine (Crimea, Donetsk, Luhansk), Venezuela, Yemen, ZimbabweNorth Korea, Iran, Syria, Cuba, RussiaNorth Korea, Myanmar, Belarus, Iran, Russia, VietnamAfghanistan, Belarus, Cambodia, Central African Republic, Cuba, Democratic Republic of the Congo (DRC), Guinea, Haiti, Iran, Iraq, Kenya, Libya, Mali, Myanmar, North Korea, Pakistan, Philippines, Puerto Rico, Republic of the Congo, Russia, Somalia, South Sudan, Sudan, Syria, Taiwan, Ukraine, Uzbekistan, Venezuela, Vietnam, U.S. Virgin Islands, YemenNorth Korea, Iran, Syria, CubaNone publishedNone publishedUnited StatesPakistan, Iran, Syria, Myanmar, Bangladesh, North Korea, Russia, Belarus, Cuba, LebanonAfghanistan, Belarus, Cuba, Iran, Iraq, North Korea, Russia, Syria, Venezuela, YemenAustralia, Saint Lucia, Cuba, Iran, Iraq, North Korea, Myanmar, Russia, Crimea, Donetsk, Luhansk, Ukraine, Somalia, Syria, Central African Republic, Mali, Democratic Republic of the Congo, Guinea-Bissau, Sudan, South Sudan, Afghanistan, Lebanon, Yemen, Zimbabwe, LibyaUnited States, Canada, Iran, Iraq, North Korea, Russia, Syria, Venezuela, YemenUnited States, Zimbabwe, Iran, Iraq, North Korea, Vietnam, Russia, Belarus, Kenya, GhanaUnited States
Review

Where a firm sells several models at $25k, the two rule rows describe every one of them rather than the single model the fee buys: the drawdown row spans the limits those models declare, the target row counts how many set a pass mark, and each links the plan-by-plan table on that firm's review.

How to read this table without wasting a challenge fee

Price and split are the numbers firms advertise; drawdown and payout terms are the numbers that decide whether you keep the account. Sort your own decision in this order: total drawdown first, because it caps every position you will ever take; then the split, because it sets what a good month is actually worth; then the payout rail and speed, because a 90% split paid in three months is worse than an 80% split paid in a week; and only then the challenge fee, which is the smallest number on the page and the only one you pay once.

One comparison this table cannot make for you: enforcement. Two firms can publish the same drawdown number and treat a news spike completely differently, because one measures equity at the close and the other at the tick. That detail lives in the terms and conditions, not the pricing page, and it is the single most common reason traders say a firm "moved the goalposts".