At a glance
- A crypto label does not identify the contract or execution model.
- Funding and commissions can affect the available loss budget.
- Check platform access, country eligibility and funded-stage terms separately.
What will the account actually trade?
Identify the supported symbols, contract type and price source. Spot crypto, CFDs, dated futures and perpetual contracts have different mechanics. An evaluation that tracks a market feed does not automatically provide an exchange account or direct ownership of the asset.
Coinbase describes its perpetual futures as contracts without expiry that incorporate funding. This is a concrete instrument example; it does not establish the funding interval, execution or permissions of a prop evaluation.1 Ask how the program represents these mechanics inside its own environment.
Build a shortlist around six questions
| Question | What to record | Why it matters |
|---|---|---|
| Which market? | Symbols, contract and price feed | A familiar ticker can hide a different product. |
| How are fills handled? | Simulation, spreads, slippage and commission | Execution assumptions affect results. |
| What counts as equity? | Open P&L, fees and funding | Charges may reduce room above a loss floor. |
| Which restrictions apply? | Holding periods, news, copying and automation | Platform support does not imply strategy permission. |
| What is the total fee? | Billing cycle, resets and activation | The entry charge can understate spending. |
| When is a payout eligible? | Qualifying days, caps, consistency and buffer | Account profit is not automatically withdrawable. |
A holding-cost example
For a purely hypothetical $20,000 notional position, a 0.01% funding debit is $2 for one interval: $20,000 × 0.0001. If the same debit applied at three intervals, the total would be $6. The actual rate can change direction and amount, and the program may book it differently.
Now suppose an illustrative equity value is $50,100 and the enforced loss floor is $48,000. Before any other changes, the gap is $2,100. If $6 of charges count toward equity, the gap becomes $2,094. This arithmetic is not a rule definition; verify the actual enforcement metric and timing before using it.
Check the platform and the operational details
Try the available demo or platform documentation before committing. Record order types, stop behavior, permitted devices, market hours and the procedure for an outage. Ask whether an automation tool, API or third-party chart connection is permitted for the exact account.
Country eligibility can differ from the location of the firm’s headquarters. Check the current onboarding restrictions, identity requirements, payment methods and payout rails. Keep the governing agreement and support contact with your shortlist.
Compare QATS with the crypto alternatives
Start with the crypto program table, then open QATS Crypto Challenge to inspect its recorded size and payment alternatives. The QATS vs HyroTrader, QATS vs Breakout and QATS vs Crypto Fund Trader pages bring the saved terms together.
Treat a missing field as a question to resolve, not a favorable condition. PropFirmMatcher is affiliated with QATS, and the QATS placements are promotional. Use the exact program’s current official terms to settle any decision that depends on a price, strategy permission or payout rule.
Sources & dates
Primary pages accessed on . A source can change after publication. The examples above are not a claim about a program’s current price.
Promoted · QATSExplore QATS Crypto Challenge
Compare QATS monthly and one-time evaluation plans. Standard fees in our reference start at $69 per month.
- One-step evaluation
- 80% profit split
- Monthly or one-time fees
Put this guide to work
Understand what the reference fields record and what remains unverified.
Read the data definitions →Follow the check the market and account reading path for the next guide and its context.
Continue your comparison
- QATS: programs, rules and source links
- HyroTrader: programs, rules and source links
- Breakout: programs, rules and source links
- Crypto Fund Trader: programs, rules and source links
PropFirmMatcher is affiliated with QATS. This is not an independent rating or a recommendation to purchase an evaluation. Read our methodology.