Where they differ
- Cheapest challenge
- CoinProp$24 ($5K Booster)
- HyperPNL$42 ($5K 1-Step Flex)
- Daily loss limit
- CoinProp3%
- HyperPNL3% to 5%
- Maximum loss
- CoinProp3% to 6% static
- HyperPNL5% to 9% static
- Bitcoin leverage
- CoinProp10x
- HyperPNL5x
- Account sizes
- CoinProp$2.5K to $100K
- HyperPNL$5K to $25K
- Sizes only this firm sells
- CoinProp$2.5K, $50K, $100K
- HyperPNLNone
- Steps
- CoinPropInstant and 1-step
- HyperPNL1-step and 2-step
- Challenges
- CoinProp14
- HyperPNL6
- US traders
- CoinPropYes
- HyperPNLNo
- Country
- CoinPropSaint Lucia
- HyperPNLCayman Islands
Every rule, side by side
| Rule | CoinProp | HyperPNL |
|---|---|---|
| The firm | ||
| Country | Saint Lucia | Cayman Islands |
| Founded | Not stated | Not stated |
| Years in operation | Not stated | Not stated |
| Platforms | CPX | HyperPNL web platform |
| Trades on | CoinProp's own CPX terminal, on simulated accounts priced and filled from Bybit's live perps order book, with TradingView charts | own simulated engine, Hyperliquid order book and prices, Ostium prices for some non-crypto markets |
| Markets | Crypto, stock, ETF, commodity (gold, silver, WTI and Brent oil) and FX (EURUSD, GBPUSD, USDJPY) | Crypto, stock, ETF, index, commodity and FX |
| Some trades on-chain | No | No |
| Rules | ||
| Model | 1-step evaluation (Signature or Booster), or Instant (no evaluation) | 1-step or 2-step evaluation |
| Account sizes | $2.5K, $5K, $10K, $25K, $50K, $100K | $5K, $10K, $25K |
| Profit target | 10% (Signature, with or without the Extended Drawdown add-on) / 9% (Booster); none on Instant or once funded | 10% (1-step); 10% phase 1 / 5% phase 2 (2-step) |
| Daily loss limit | 3% (Signature, Booster, Instant; 4% with Signature's Extended Drawdown add-on): a fixed amount of the initial balance below equity at each 00:00 UTC rollover, checked against equity | 3% (1-step) / 5% (2-step), recalculated daily at 00:00 UTC from equity |
| Maximum drawdown | 6% (Signature; 7% with the Extended Drawdown add-on) / 3% (Booster, Instant), static from the initial balance, checked against equity, in the evaluation and the funded account | 5% static (1-step); 9% static (2-step) |
| Max leverage | 10x on BTC and ETH; 5x on SOL, BNB, HYPE, DOGE and XRP; 2x on other crypto, PAXG, XAUT and stablecoin pairs; 50x on forex (EURUSD, GBPUSD, USDJPY); 10x on gold (XAUUSDT); 8x on silver and oil; 5x on stock and ETF perps; the same on both programs, evaluation and funded | Up to 5x on crypto, 3x on stocks and ETFs, 5x on indices, 10x on commodities and 25x on FX (set per market in its trading app; its docs' asset table lists higher maximums) |
| Profit split | 80%; 95% on Signature or 90% on Booster with the Reward Split add-on, bought at purchase for 30% more; 80% on Instant, with no add-ons | 80% |
| Payouts | From day one, on any day the account is flat: one request per UTC day, paid after the day closes, from $50 after the split, with no payout cap; each position adds at most 3% of the starting balance to a payout, the rest staying in the balance; paid in USDC on-chain, after KYC (rules of November 9, 2026) | One payout request per day, with no open positions, of at least 1% of the account size; executed by smart contract in USDC |
| Starting price | from $24 for a $5,000 account (Booster); Signature from $59; Instant from $75 for $2,500 | from $42 for a $5,000 account (1-step); 2-step from $50 |
| Minimum days | None (Signature, Booster: both can pass on the first trading day); none for a funded payout | None (1-step); 0.5%+ profit on 2 days in phase 1 and 3 in phase 2 (2-step) |
| Consistency rule | None (from November 9, 2026; free, trial and points accounts keep a 5-green-day payout rule) | None |
| US traders | Yes (its restricted list names five countries and five regions, none in the US) | No (on its restricted list) |
| Fee refund | Only if unused: within 14 days of purchase, before any trade | No |
| News trading | Allowed | Allowed |
| Weekend holding | Allowed, overnight too | Allowed |
| Current offer | None now | None now |
| Rules checked | November 9, 2026 | November 9, 2026 |
CoinProp: source 1source 2source 3source 4source 5source 6source 7source 8source 9HyperPNL: source 1source 2source 3source 4source 5source 6
Prices at each account size
| Account | CoinProp | HyperPNL |
|---|---|---|
| Sizes both sell | ||
| $5K | $24Booster3 challenges at this size | $421-Step Flex2 challenges at this size |
| $10K | $49Booster3 challenges at this size | $861-Step Flex2 challenges at this size |
| $25K | $109Booster3 challenges at this size | $2132-Step Flex2 challenges at this size |
| Sizes only one sells | ||
| $2.5K | $75Instant | Not sold |
| $50K | $199Booster2 challenges at this size | Not sold |
| $100K | $449Booster2 challenges at this size | Not sold |
Every CoinProp challengeEvery HyperPNL challengeEvery firm's challenges
Current offers
What each daily limit means on Bitcoin
How far Bitcoin has to move against a position at each firm's full leverage to use up the daily loss limit, and how often it has in the last 30 days.
| Firm and program | Bitcoin cap | Daily limit | Move that uses it up | Days Bitcoin moved that far |
|---|---|---|---|---|
| CoinProp · Signature and Booster | 10x | 3% | 0.3% | 30 of 30 |
| HyperPNL · 1-step | 5x | 3% | 0.6% | 27 of 30 |
| HyperPNL · 2-step | 5x | 5% | 1% | 19 of 30 |
Recent rule changes
Profit target
Raised the Signature profit target from 9% to 10%, with or without the Extended Drawdown add-on; Booster stays at 9% (rules v2.0).
Other
Dropped Signature's minimum of 2 trading days, so both evaluations can pass on the first trading day (rules v2.0).
Payouts
Moved paid funded accounts from a payout every 5 qualifying days, with a consistency rule on the share of profit from one day and a cap on each request, to payouts from day one on any day the account is flat, with no consistency rule or cap; each position adds at most 3% of the starting balance to a payout (rules v2.0).
Program
Added Instant, a funded account with no evaluation from $75 for $2,500 to $750 for $25,000, with a 3% daily and 3% maximum loss, an 80% split and a 90-day life (rules v2.0).
Markets
Added the DAX, FTSE 100, Nikkei 225 and Hang Seng indices and the Micron and Lumentum stocks.
Program
Added 1-Step accounts, a one-phase challenge its homepage lists with a 10% target, a 3% daily loss limit and a 5% static drawdown; it had sold only a two-phase challenge.
Markets
Added 11 stock, ETF and thematic markets: NBIS, CBRS, INTC, SAMSUNG, CXMT, REMX, HYG, TLT, UNG, URA and XLE.
Other
Removed the 30-day time limit on each challenge phase; its new Flex accounts have no time limit.
Compare with another firm
CoinProp vs
HyperPNL vs
Get an email when either firm changes
An email the day a crypto prop firm we track changes a rule, a price or a challenge, or posts a new discount code.

CoinProp
HyperPNL