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Independent guides · Rules read at the source

Know the rules before you buy the challenge.

Plain-English guides to crypto prop firms. We read each firm’s own FAQ and terms, turn drawdown, payout and platform rules into real numbers, and tell you who pays us.

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Last rules check: Crypto Fund Trader FAQ, 29 Sep 2026

§ Example · 1-Phase · $100,000 account

How a 6% trailing drawdown moves

How a 6% trailing drawdown moves on a $100,000 1-Phase accountThe balance starts at $100,000 and peaks at $107,000. The floor starts at $94,000, rises with each new high, and locks at $100,000 once the balance first reaches $106,000.$106K$100K$94KDay 1Day 20Peak $107,000Start $100,000Floor locks at $100,000Floor starts at $94,000
BalanceTrailing floorBuilt from CFT’s own example. The floor starts $6,000 under the starting balance, rises with each new high, then stops at the starting balance.

Find a crypto prop firm by what matters to you

Each page answers one question, compares the firms that fit, and quotes the rule behind the answer.

Trades on BybitTrade from your own Bybit account, at Bybit’s prices.Open to US tradersWhich firms accept US residents, and on which platform.Pay after you passA small entry fee now, the rest only if you pass.Instant fundingSkip the evaluation and accept tighter loss limits.Cheapest challengesEntry prices for small accounts, side by side.Paid out in cryptoFirms that pay rewards in USDT, BTC or ETH.
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Crypto Fund Trader

A crypto-first prop firm: five programs, three platforms, simulated accounts and no time limit on evaluations.

Cheapest challenge (1-Phase, $5,000)
$40
Max leverage (Advanced and Bybit accounts)
1:100
USDT futures pairs through your own Bybit
550+
Platforms: Bybit, Match-Trader, MT5
3
Profit split on 1- and 2-Phase funded accounts
80%
Average payout processing, per CFT
~8 h
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The fine print

All rules explained

The rules that decide whether you get paid, with Crypto Fund Trader’s numbers next to each one.

  1. §1Daily loss limitHow much you can lose in one day, checked on equity.CFT · 5% on 2-Phase · 4% on 1-Phase
  2. §2Trailing drawdownA loss floor that follows your highest balance up.CFT 1-Phase · 6%, stops at the starting balance
  3. §3Consistency ruleA cap on how much of your profit one day can make.CFT · 40%, Break funded accounts only
  4. §4News tradingWhether you can trade around major releases.CFT · allowed, except a 2-minute window on Ascend
  5. §5Reverse tradingHolding opposite positions on the same asset.CFT · banned once both stay open 60 s
  6. §6Profit capThe most simulated profit one day or one trade can count.CFT · $10,000 per day or per trade
  7. §7Payout timingWhen you can ask for a reward, and how fast it arrives.CFT · after 15 traded days or every 30 days
  8. §8Bots and EAsWhich automated strategies get an account closed.CFT · no HFT, tick scalping or arbitrage

Tools

Check your limits before you place a trade

Pick a program and an account size. The calculator turns Crypto Fund Trader’s percentages into dollar limits, straight from its published rules.

Open the drawdown calculator

Your limits in dollars

Pick a program and an account size. Based on CFT’s published rules and prices, read 29 Sep 2026.

Program
Account size
Daily loss limit, day 1
$5,000
5% of your balance at 00:05 UTC, checked on equity
Equity floor
$90,000
Fixed for the whole evaluation
Phase 1 target
$8,000
Then $5,000 in phase 2
Challenge price
$660
Same price on Bybit, Match-Trader and MT5

Day 1 figures. The daily limit is taken again from your balance at each 00:05 UTC reset.

Latest guides

Guide · BasicsHow crypto funded accounts workFrom evaluation to first payout: the steps, the rules and the numbers behind a crypto funded account, with a worked $100,000 example.Read the guideGuide · BasicsWhat is a crypto prop firm?A crypto prop firm sells a trading evaluation on a simulated account. Pass it, keep to the rules, and you can earn a share of your simulated profit.Read the guideComparison · PayoutsProp firms that pay out in cryptoWhich crypto prop firms pay rewards in USDT, USDC, Bitcoin or Ether, on which networks, how often, and how fast they say they pay.Read the guide

We quote the source

Every rule links to the firm’s own FAQ or terms, with the date we read it.

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We say who pays us

Crypto Fund Trader may pay us a commission. Firms we list without the ↗ mark pay us nothing.

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We show the risk

Challenges are paid tests on simulated accounts. You can lose the fee, and payouts depend on each firm.

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Independent guides to crypto prop firms. Rules read at the source, numbers you can check.

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Crypto Fund Trader

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