For Traders vs Hyperstack rules, prices and codes side by side
Prices updated
- For Traders
United Arab Emirates · Founded 2023
- From
- $46
- Challenges
- 4
- Accounts
- $5K to $50K
- Hyperstack
Cayman Islands · Founded June 2026
- From
- Free
- Challenges
- 6
- Accounts
- $1K to $100K
Where they differ
- Cheapest challenge
- For Traders$46 ($5K Fast)
- HyperstackFree ($1K 1-Step Challenge)
- Daily loss limit
- For Traders3%
- Hyperstack5%
- Maximum loss
- For Traders5% static
- Hyperstack5% trailing
- Profit split
- For Traders80%
- Hyperstack90%
- Account sizes
- For Traders$5K to $50K
- Hyperstack$1K to $100K
- Sizes only this firm sells
- For TradersNone
- Hyperstack$1K, $100K
- Challenges
- For Traders4
- Hyperstack6
- Some trades on-chain
- For TradersNo
- HyperstackYes
- Country
- For TradersUnited Arab Emirates
- HyperstackCayman Islands
- Founded
- For Traders2023
- HyperstackJune 2026
Every rule, side by side
| Rule | For Traders | Hyperstack |
|---|---|---|
| The firm | ||
| Country | United Arab Emirates | Cayman Islands |
| Founded | 2023 | June 2026 |
| Years in operation | 2 | Under 1 |
| Platforms | For Traders Perps | Hyperliquid |
| Trades on | For Traders Perps, its own platform, on demo accounts | Hyperliquid (trader's own wallet, mirrored into a simulated account) |
| Markets | Perps on crypto, stocks, indices, commodities and FX (120+ markets, open around the clock) | Crypto, commodity, index and stock |
| Some trades on-chain | No | Yes |
| Rules | ||
| Model | Fast (1-step evaluation) on its 24/7 Perps accounts | 1-step challenge |
| Account sizes | $5K, $10K, $25K, $50K | $1K, $5K, $10K, $25K, $50K, $100K |
| Profit target | 10%, on closed positions | 10% |
| Daily loss limit | 3% of the starting balance, from the higher of balance or equity at 00:00 CET | 5% from the day's opening equity |
| Maximum drawdown | 5% static, from the starting balance; after the first reward the floor moves up to the starting balance for good | 5% end-of-day trailing (challenge); 8% end-of-day trailing (scaled account) |
| Max leverage | Up to 1:20 by market per its help center (gold 1:20, Nasdaq and S&P 500 1:12, BTC 1:10); its perps page lists gold at 10x, ETH at 8x, SOL at 5x and most other coins at 2x | No limit on the trader's Hyperliquid account; mirrored exposure capped (challenge tier: 50% per crypto pair, 400% total portfolio) |
| Profit split | 80% | 90% (paid to invited Scaled Trader Program participants) |
| Payouts | On demand: the first reward once the account is up 1% of its starting balance, each later one after it grows 2% of the remaining balance; up to $10,000 a reward; paid within 48 hours through Rise or in USDC | Monthly (30-day cycle), in USDC to the connected wallet; KYC required to receive a payout |
| Starting price | from $46 for a $5,000 account (list price; its page shows $39 with the code TRADE15 applied) | from $74 for a $5,000 account; a free $1,000 account is also offered, limited to 200 |
| Minimum days | None; one position must be closed every 7 days | None |
| Consistency rule | None | None |
| US traders | Yes (not on its restricted list) | Not stated |
| Fee refund | Not stated for its perps accounts | Only before the first trade, per Vanta's terms; its own terms say before the account opens |
| News trading | Allowed in the challenge; funded: no new positions within 5 minutes of high-impact news | Allowed |
| Weekend holding | Allowed; every market trades through the weekend | Allowed |
| Current offer | None now | None now |
| Rules checked | November 10, 2026 | November 4, 2026 |
For Traders: source 1source 2source 3source 4source 5source 6source 7source 8Hyperstack: source 1source 2source 3source 4source 5
Prices at each account size
| Account | For Traders | Hyperstack |
|---|---|---|
| Sizes both sell | ||
| $5K | $46Fast | $741-Step Challenge · sold out |
| $10K | $93Fast | $1351-Step Challenge · sold out |
| $25K | $235Fast | $3091-Step Challenge · sold out |
| $50K | $493Fast | $5791-Step Challenge · sold out |
| Sizes only one sells | ||
| $1K | Not sold | Free1-Step Challenge · sold out |
| $100K | Not sold | $9991-Step Challenge · sold out |
Every For Traders challengeEvery Hyperstack 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 |
|---|---|---|---|---|
| For Traders · Fast | 10x | 3% | 0.3% | 30 of 30 |
Hyperstack states no single Bitcoin leverage cap.
Recent rule changes
Program
Stopped selling its three crypto plans on MetaTrader 5 and TradeLocker (Fast, Fast PRO and Instant) and put 24/7 Perps in their place: one Fast challenge from $5,000 to $50,000 with a 10% target, a 3% daily limit, a 5% static maximum loss and an 80% split.
Payouts
Cut the largest single reward per 14-day cycle on Instant crypto accounts from $20,000 to $15,000.
Split
Stopped offering a 90% profit split on Fast crypto accounts, leaving a flat 80%.
Profit target
Dropped, for accounts bought from June 8, 2026, the rule that no single trade or trading idea could make more than 70% of the profit target.
Account sizes
Marked 6 challenges ($1,000 1-Step Challenge; $5,000 1-Step Challenge; $10,000 1-Step Challenge; $25,000 1-Step Challenge; $50,000 1-Step Challenge; $100,000 1-Step Challenge) sold out.
Account sizes
Put 5 challenges ($5,000 1-Step Challenge; $10,000 1-Step Challenge; $25,000 1-Step Challenge; $50,000 1-Step Challenge; $100,000 1-Step Challenge) back on sale.
Account sizes
Marked 5 challenges ($5,000 1-Step Challenge; $10,000 1-Step Challenge; $25,000 1-Step Challenge; $50,000 1-Step Challenge; $100,000 1-Step Challenge) sold out.
Program
Put every challenge size back on sale, from $74 for $5,000 to $999 for $100,000, and opened free $1,000 accounts limited to 200; every size had shown as sold out with a waitlist.
Compare with another firm
For Traders vs
Hyperstack 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.

For Traders