Crypto Fund Trader Rules Explained: Drawdown, Payouts and Code PFC

Crypto Fund Trader Rules Explained: Drawdown, Payouts and Code PFC

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Crypto Fund Trader describes itself as the first crypto prop firm, and its rules are simpler than most. There's no time limit, no minimum trading days and news trading is allowed. There are still a few rules that catch people out, though: how the daily loss is measured, how the 1-Phase trailing drawdown moves, and when you can actually ask for a payout.

This blog post goes through each rule using Crypto Fund Trader's own site and FAQ, checked on 23 October 2026.

Crypto Fund Trader is a simulated trading evaluation firm. Both the challenges and the funded ("final stage") accounts use demo capital, and rewards are based on your simulated performance.

Crypto Fund Trader challenges at a glance

Crypto Fund Trader offers three main programs on its homepage: 2 Phases, 1 Phase and Instant. It also runs other lines, called Break, Ascend and 3 Phases, which have their own rules.

• Profit target – 2 Phases: 8% (Phase 1), 5% (Phase 2); 1 Phase: 10%
• Daily loss – 2 Phases: 5%; 1 Phase: 4%
• Overall loss – 2 Phases: 10% fixed; 1 Phase: 6% trailing
• Minimum days – 2 Phases: 0; 1 Phase: 0
• Time limit – 2 Phases: None; 1 Phase: None
• Leverage – 2 Phases: Up to 1:100; 1 Phase: Up to 1:100
• Profit split – 2 Phases: 80%; 1 Phase: 80%

You can trade on three platforms: MetaTrader 5, Match-Trader or Bybit. MetaTrader 5 isn't available to US residents, while Match-Trader has no country restrictions. On Bybit you trade through your own personal Bybit account, and only USDT crypto futures pairs count.

Crypto Fund Trader prices

These are the one-time fees shown on Crypto Fund Trader's homepage on 23 October 2026:

• $5,000 – 2 Phases: $58; 1 Phase: $40
• $10,000 – 2 Phases: $110; 1 Phase: $80
• $25,000 – 2 Phases: $240; 1 Phase: $219
• $50,000 – 2 Phases: $389; 1 Phase: $369
• $100,000 – 2 Phases: $660; 1 Phase: $619

The Instant account starts at $240 for $5,000. You can use code PFC at checkout. See our Crypto Fund Trader page for the current offer.

Daily loss: how it's calculated

The daily loss limit is 5% on the 2 Phases challenge and 4% on 1 Phase. Two details matter:

• It's measured from your balance at 12:05 AM UTC. That's the reference point for the whole day, not your equity at the time.
• Breaches are checked on equity. Open losses count. If your floating loss takes equity below the limit, the account breaches, even if you planned to hold the trade.

So if you start the day on a $10,000 2 Phases account with a $10,000 balance, your equity can't drop below $9,500 at any point that day.

Overall loss: fixed on 2 Phases, trailing on 1 Phase

This is the biggest difference between the two challenges.

2 Phases: fixed 10%

The maximum overall loss is fixed at 10% of your starting balance. On a $50,000 account, your equity can never go below $45,000, however much you make first.

1 Phase: 6% trailing that stops at your starting balance

On 1 Phase, the overall loss trails your highest balance. It starts 6% below your starting balance and moves up as your balance makes new highs. Once it reaches your starting balance, it stops and stays there.

Crypto Fund Trader's own example on a $100,000 account:

• Your starting trailing limit is $94,000.
• If your balance grows to $107,000, the limit moves up to $100,000.
• From then on it stays at $100,000.

The trailing limit follows your balance, so it moves when you close trades. The breach check uses equity, so open losses still count. If trailing drawdown is new to you, our guide to how trailing drawdown works explains how to trade around it.

Payout rules on the final stage

Once you pass, you get a simulated funded account (Crypto Fund Trader calls this the final stage) within a few minutes. Here's how rewards work on the standard 1 Phase and 2 Phases accounts.

When you can request a payout

You can request a payout after trading for at least 15 days, or every 30 calendar days, as long as you haven't broken any rules. With the Weekly Payouts add-on, you can request one every 7 traded days.

Before you request

• Complete KYC from your dashboard. You'll need a proof of identity and a proof of address.
• Close all your trades. Open positions may be closed manually when you submit the request.

How fast it's paid

Crypto Fund Trader says its average processing time is about 8 hours. Its team can take up to 48 business hours to review and send the payment. Payment options include bank transfer in EUR or USD, or crypto (USDT on ERC20 or TRC20, BTC or ETH).

Profit split

The standard split is 80%. A 90% option is available as a paid add-on.

For a wider look at how payouts work across firms, see our blog post on how prop firm payouts work.

Trading rules that apply on every account

News, overnight and weekends

News trading is allowed, with no restrictions around high-impact events on the main programs. You can also hold positions overnight and over the weekend, on any account type or instrument. Swap fees may apply on Match-Trader and MetaTrader 5.

$10,000 daily profit cap

The maximum simulated profit allowed per day, or from a single trade, is $10,000. If you go over it, open trades may be closed and anything above $10,000 may be deducted. This mainly matters on larger accounts.

Reverse trading

You can't hold opposite positions on the same asset at the same time for 60 seconds or more. Hedging across your own accounts isn't allowed either. Close your sells before you open a buy, unless the first trade has been open for at least 24 hours.

Banned strategies

High-frequency trading, tick scalping, arbitrage and all-in or gambling-style trading are not allowed.

Allocation limit

The maximum simulated funded allocation is $300,000 per trader, across all your active final stage accounts. Instant and Break accounts have separate limits.

Optional add-ons

Add-ons on the 2 Phases challenge are priced as a share of the challenge fee:

• Weekly Payouts – What it does: Request rewards every 7 traded days; Cost: 20% of the challenge price
• 90% split – What it does: Raises your split to 90%; Cost: 20% of the challenge price
• Daily loss 6% – What it does: Raises the daily loss limit to 6%; Cost: 15% of the challenge price
• Max loss 12% – What it does: Raises the overall loss limit to 12%; Cost: 25% of the challenge price

On 1 Phase, only the Weekly Payouts and 90% split add-ons are available.

If your final stage account is suspended

Crypto Fund Trader has an unusual safety net. If your 1 Phase or 2 Phases final stage account is suspended while in profit, you may still be eligible for up to 50% of the reward if all of these are true:

1. Every trade on the account had a stop loss.
2. No single trade risked more than 2% of the account.
3. You'd traded for at least 15 days.

You have 7 calendar days after the breach to ask for this review. If you meet the first two conditions, you can also buy a reset of the final stage account within 30 days.

The Break account in brief

Break is a separate line with its own rules:

• Trailing loss limit: 4% of your highest balance on $25,000 and $50,000 accounts, and 3% on $100,000.
• Activation fee: paid after you pass, at $138, $198 or $328 depending on size.
• Consistency rule: applies on the funded side. No single day can make up more than 40% of your total profit.
• Payouts: on demand, with no minimum days.

FAQ

Does Crypto Fund Trader have a time limit?

No. There's no maximum time to pass either challenge, and no minimum number of trading days.

Is the 1 Phase drawdown trailing?

Yes. It starts 6% below your starting balance, follows your highest balance up, and stops once it reaches your starting balance. The 2 Phases drawdown is fixed at 10%.

Can I hold trades over the weekend with Crypto Fund Trader?

Yes. Overnight and weekend holding is allowed on every account type and instrument.

How often can I withdraw from Crypto Fund Trader?

After at least 15 traded days, or every 30 calendar days. With the Weekly Payouts add-on, it's every 7 traded days.

Is Crypto Fund Trader real money?

No. Challenges and funded accounts use simulated demo capital, and rewards are based on simulated performance.

You can compare Crypto Fund Trader with other crypto firms in our best crypto prop firms guide, or browse every current code on our prop firm discounts page.

This is not investment advice.