Carrot Funding
Composite Trust Score
Multi-source aggregate of every verified trust signal we hold on Carrot Funding. Methodology →
Weak - multiple trust dimensions are below expectations.
Price & Rating Trends
Last 19 days - how Carrot Funding's key metrics have moved over time.
Trend data is captured nightly from the PropFirmMap database. Older history before Aug 21, 2026 may reflect the latest known value.
Every plan below pays a 80% profit split.
| Price | Account SizeSize | Account Name | Profit Target | Max Daily Loss | Max Drawdown | Profit Split | Activation Fee | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| $119 | $10K 2 Steps | 2-Phase Challenge | 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% | None | Details | |
| $129 | $10K 1 Step | 1-Phase Challenge | P1: $800 (8%) | P1: 4% of equity Recalculated at 00:00:00 UTC on that day's equity. | P1: 8% of starting balance | 80% | None | Details | |
| $65 | $5K 2 Steps | 2-Phase Challenge | 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% | None | Details | |
| $75 | $5K 1 Step | 1-Phase Challenge | P1: $400 (8%) | P1: 4% of equity Recalculated at 00:00:00 UTC on that day's equity. | P1: 8% of starting balance | 80% | None | Details | |
| $449 | $50K 2 Steps | 2-Phase Challenge | 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% | None | Details | |
| $499 | $50K 1 Step | 1-Phase Challenge | 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% | None | Details | |
| $699 | $100K 2 Steps | 2-Phase Challenge | 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% | None | Details | |
| $799 | $100K 1 Step | 1-Phase Challenge | 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% | None | Details | |
| $239 | $20K 2 Steps | 2-Phase Challenge | 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% | None | Details | |
| $249 | $20K 1 Step | 1-Phase Challenge | 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% | None | Details |
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.
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.
Reviews
Add Your ReviewNo reviews yet. Be the first to share your experience!
Write a ReviewCarrot Funding (carrotfunding.io) is a DeFi-native prop trading firm that funds traders through a one-time-fee evaluation and settles every payout on-chain. It offers a 2-Phase Challenge (5% then 8% profit target, 5% max daily loss, 10% max loss) and a 1-Phase Challenge (8% profit target, 4% max daily loss, 8% max loss plus a Best Day Rule of 50) in sizes from $5,000 to $100,000. Trading happens in the firm's own proprietary Carrot terminal with Hyperliquid as the execution venue, covering 175+ pairs across crypto, commodities, stocks and indices at up to 5x leverage per position. Funded traders keep 80% of profits and can request on-demand payouts of at least 100 USDC, paid in USDC on Arbitrum within 24 hours, with each challenge minted as an NFT that records its performance on-chain.
Payout methods
Withdrawal fees: Zero withdrawal fees. Payouts are settled in USDC on Arbitrum.
Amounts
Requirements
Additional payout notes
Full amount only, no partial payouts. All positions and pending orders must be closed before submitting a request. After a payout completes, the Maximum Loss and Maximum Daily Loss limits reset to their original values. Bank transfer is advertised as Coming Soon and is not yet available.
Source: firm payout terms
General rules (apply to challenge & funded)
See how these rules compare against every other firm in the prop firm rules comparison.
Challenge vs Funded
Drawdown & risk
Challenge lifecycle
Instruments & restrictions
Additional rules
Hyperliquid is the on-chain execution venue, not a platform the trader logs into. Orders are routed A-book (on-chain via the vault) or B-book (internal) at the firm's sole discretion, with the trader labelled on their dashboard; the firm states P&L is identical either way. Traders pay standard Hyperliquid maker/taker fees and funding rates with no markup, and those fees count toward the loss limits.
Source: firm rules page
Fair
Strengths
- Competitive pricing (from $65)
- Fast payouts (On-demand)
Weaknesses
- Limited platform choice (unknown)
Recommended For
Recent Activity
Score decreased from 5.7 to 5.5
5.7 changed to 5.5TrustPilot rating improved from 4.3 to 4.6/5 (25 reviews)
4.3 changed to 4.6Score increased from 0 to 5.7
Safety grade published for the first time: C
Carrot Funding Overview
Carrot Funding is a proprietary trading firm built around Crypto markets, operating out of United Arab Emirates. The firm lists 10 evaluation challenges covering $10K, $5K, $50K, $100K and $20K, starting at $65.
At $65, the cheapest Carrot Funding evaluation costs more than the $45 median across the 21 Crypto firms tracked on PropFirmMap, so it is priced at a premium. The 80% maximum profit split trails the 90% typical of that group. Its overall PropFirmMap score of 5.5 ranks it #5 of the 20 Crypto firms we score.
On a funded account the profit split is 80%. The payout schedule is On-demand (Requested from the trader dashboard once eligible; processed within 24 hours.). The drawdown rule to respect is: 5% of equity (2-Phase) / 4% of equity (1-Phase), recalculated at 00:00:00 UTC
Carrot Funding holds a PropFirmMap safety grade of C. TrustPilot reviewers rate it 4.6 out of 5 across 25 reviews.
The firm is not registered with a financial-services regulator. Jurisdiction on file: United Arab Emirates.
Carrot Funding FAQ
How does Carrot Funding compare to other Crypto prop firms?
Is Carrot Funding regulated?
What is Carrot Funding's drawdown rule?
Is Carrot Funding a scam?
What is the cheapest Carrot Funding challenge?
What profit split does Carrot Funding pay?
What is the Carrot Funding payout schedule?
Similar Crypto Firms
Not convinced by Carrot Funding?
See the full ranked list of alternatives matched by price, profit split, platforms, and safety grade.
Carrot Funding Head-to-Head
See how Carrot Funding stacks up against the closest Crypto firms, side by side on price, payouts, profit split and safety.
Carrot Funding Is Among the Best In
See where Carrot Funding ranks against every verified firm in these 2026 best-of lists, sorted by safety grade, price, profit split and TrustPilot.
Browse all best-of prop firm lists
Prop Firms Based in United Arab Emirates
Carrot Funding is one of 46 verified prop firms headquartered in United Arab Emirates. Compare them side by side on price, profit split, payouts and safety grade.