Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Carrot Funding Carrot Funding
Fondeo Fondeo
Carrot Funding 5.7 Get Started
Fondeo 5.3 Get Started
Overview
Asset Type Crypto Crypto
Country United Arab Emirates United States
Established - -
Technology Proprietary Proprietary
Platforms - Trading View, Bybit
Trading Rules
Profit Split 80% Best 70-90%
Daily Drawdown 5% of equity (2-Phase) / 4% of equity (1-Phase), recalculated at 00:00:00 UTC 4% daily drawdown for One-Step & Subscription challenges and 5% for Two-Step, measured intraday as a trailing limit from the day's highest equity point. Source: https://fondeo.xyz/en/docs/trading-rules (2026-07-12).
Payout Frequency On-demand
Requested from the trader dashboard once eligible; processed within 24 hours. 		Daily
Fondeo advertises daily payouts; first payout available as soon as 24 hours after the first trade on a funded account. Withdrawals in USDT or USDC once the $100 minimum threshold is reached.
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • On-chain, independently verifiable payouts (USDC on Arbitrum) with published Arbiscan transaction hashes; on-demand payouts processed within 24 hours and a 100 USDC minimum; no time limit, no minimum trading days, no inactivity rule and no stop-loss rule; one-time non-recurring challenge fee with no activation or monthly fees; scalping, grid and swing trading, news trading and weekend holding all permitted.
  • Crypto prop firm with up to $200K funded accounts and a 70-90% profit split (70% start, +5% every 4 months to a 90% max). Daily payouts in USDT/USDC processed in 12-48 hours (first payout 1 day after the first funded trade, $100 minimum, no withdrawal fees), up to 1:100 leverage with no position-size restrictions, three funding paths (1-Step, 2-Step, and a monthly Subscription that resets on failure), trading on a Bybit demo connection or the proprietary Fondeo Terminal (TradingView charts, no API keys), plus an AI trading coach and a 4-month scaling path.
Main Drawbacks
  • Leverage is capped at 5x per position, far below typical CFD prop firms; a breach is permanent with no resets, no appeals and no exceptions; the firm publishes no company registration, founding date or regulator on any first-party page and its terms live on an external GitBook; funded balance is capped at $200,000 in aggregate and the largest single account is $100,000; the firm can B-book any trade at its sole discretion and the trader has no control over the routing; payouts are crypto-only (USDC on Arbitrum), with bank transfer listed as coming soon.
  • Young firm with a thin verified track record (TrustPilot profile claimed May 2025, only 8 reviews at 4.0, just 1 review in the last 12 months). The website prominently advertises a false 5.0 rating from 200+ reviews with templated stock testimonials that do not match its real TrustPilot profile. The homepage Account Rules table also contradicts the firm's own detailed rules docs on daily-drawdown and max-loss limits. Bots/automated trading and news trading are prohibited, and the registered US address (30 N Gould St, Sheridan, WY) is a common registered-agent address.
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

Carrot Funding Challenges

10 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$65 $5K 2 Steps P1: $250 (5%)
P2: $400 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$75 $5K 1 Step P1: $400 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$119 $10K 2 Steps P1: $500 (5%)
P2: $800 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$129 $10K 1 Step P1: $800 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$239 $20K 2 Steps P1: $1,000 (5%)
P2: $1,600 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$249 $20K 1 Step P1: $1,600 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$449 $50K 2 Steps P1: $2,500 (5%)
P2: $4,000 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$499 $50K 1 Step P1: $4,000 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$699 $100K 2 Steps P1: $5,000 (5%)
P2: $8,000 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$799 $100K 1 Step P1: $8,000 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0

Fondeo Challenges

15 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$49
monthly 		$5K Subscription P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$89
one-time 		$5K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P2: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 10% max loss - equity must stay above 90% of the initial balance (docs section 5).
P2: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$119
one-time 		$5K 1 Step P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 6% max loss - equity must stay above 94% of the initial balance (docs section 5).
 70-90% None
$150
monthly 		$50K Subscription P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$159
one-time 		$10K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P2: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 10% max loss - equity must stay above 90% of the initial balance (docs section 5).
P2: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$219
one-time 		$10K 1 Step P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 6% max loss - equity must stay above 94% of the initial balance (docs section 5).
 70-90% None
$299
one-time 		$25K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P2: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 10% max loss - equity must stay above 90% of the initial balance (docs section 5).
P2: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$300
monthly 		$100K Subscription P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$399
one-time 		$25K 1 Step P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 6% max loss - equity must stay above 94% of the initial balance (docs section 5).
 70-90% None
$399
one-time 		$50K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P2: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 10% max loss - equity must stay above 90% of the initial balance (docs section 5).
P2: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$539
one-time 		$50K 1 Step P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 6% max loss - equity must stay above 94% of the initial balance (docs section 5).
 70-90% None
$599
one-time 		$100K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P2: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 10% max loss - equity must stay above 90% of the initial balance (docs section 5).
P2: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$799
one-time 		$100K 1 Step P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 6% max loss - equity must stay above 94% of the initial balance (docs section 5).
 70-90% None
$999
one-time 		$200K 2 Steps P1: 10%
P2: 5%
 P1: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P2: 5%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 10% max loss - equity must stay above 90% of the initial balance (docs section 5).
P2: 5% max loss - equity must stay above 95% of the initial balance (docs section 5).
 70-90% None
$1399
one-time 		$200K 1 Step P1: 10%
 P1: 4%
Trailing daily drawdown from the day's equity high (docs section 4).
P1: 6% max loss - equity must stay above 94% of the initial balance (docs section 5).
 70-90% None
Carrot Funding
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Fondeo
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