All firms / Vest Markets
Vest Markets
| Size | Programme | Was | You pay |
|---|---|---|---|
| $500 | Instant 500 - 500 | $10.00 | $9.00 |
| $5,000 | 2-Step - 5K | $15.00 | $13.50 |
| $10,000 | 2-Step - 10K | $35.00 | $31.50 |
| $25,000 | 2-Step - 25K | $90.00 | $81.00 |
general information
- Firm Name
- Vest Markets
- Location
- Panama
- Trustpilot Rating
- n/a
- Instrument Types
- Perpetual futures
- Programs
- 1-Step (bespoke), 2-Step, Instant
- Account Sizes
- $500 - $25,000 | up to 10 live funded accounts
- Broker
- Vest platform (simulated)
- Company
- Vest Exchange Inc., a Panama corporation, built by the Vest Labs team. Backers named by Vest include Coinbase and Jane Street. No founding date or CEO is published
- Funded Accounts
- Simulated: Vest's Prop Trading Terms say every funded account, including Instant, is simulated and no real capital is credited; profit claims are paid in USDC
payout policy
- Profit Split
- 80% (90% as a 1-Step option, 95% on Instant)
- Payout Frequency
- Claim any time; no cap on amount or frequency
- Payout Timing
- Each claim is credited in 24 hours as USDC; withdrawals on chain are instant up to $50,000 per rolling 24 hours
- First Payout
- Any time once the account is live; no minimum days
commissions
- Maker
- 0%
- Taker
- 0.01% (ES, NQ and RTY 0.0025%)
- Funding
- Hourly funding between longs and shorts on every perpetual
- Evaluation Fees
- Simulated in the evaluation but they count against the drawdown and daily loss
leverage
- Leverage by Asset & Program
- Indices: ES 1:75 | NQ, RTY 1:50 (all programs) BTC+ETH: 1:15 (all programs) Other crypto: 1:5 (all programs) Stocks and ETFs: 1:5, a few 1:10 or 1:25 (all programs) FX: 1:5 (all programs) Metals: 1:5 (all programs) Energy: 1:5 to 1:10 (all programs)
firm rules
- Daily Loss Limit
- 3% or 4% of the 8 PM ET reset balance, or none, chosen at purchase (2-Step always 3%); never on Instant
- Max Drawdown
- Static, set at purchase, never trails: 6% on 1-Step and 2-Step; on Instant equal to the price (4%, 2% on $500)
- Breach
- Equity falling below a loss floor closes the account at once and permanently; no reset (the FAQ says touching the floor is enough)
- News Trading
- Allowed, no restrictions
- Scalping and HFT
- Allowed
- Weekend Holding
- Allowed; non-crypto positions stay open but cannot be changed or closed during the weekend lock (from Friday 5 PM ET for index and commodity perps, 8 PM ET for stocks)
- API Trading
- Not available on any funded account
- Hedging
- Prohibited across accounts (for example opposite sides of one market on two accounts)
- Prohibited Strategies
- Cross-account hedging, coordinated trading across accounts, wash trading, spoofing, layering, prearranged trades, collusion or multiple identities, exploiting technical errors or latency, exploiting risk limits or payout calculations, trading against Vest's hedges, using a VPN to get around restrictions
- Max Accounts
- 10 live funded accounts at once, Instant included
- Minimum Days
- None, in the evaluation or live
- Time Limits
- None
- Resets
- Not available; a breach means buying a new account
- Refunds
- Within 28 days of purchase if the account is unused (FAQ; the Terms need a written request and no use at all, Instant accounts included). Failing is not refundable
- KYC
- No KYC step is described at sign-up or withdrawal; Vest's Prop Trading Terms say identity and eligibility checks still apply (provider, documents and timing not stated)
consistency rules
- All programs
- None
instruments & assets
- Assets
- Stocks (US stocks and ETFs), Indices (ES, NQ, RTY), Crypto (BTC, ETH, SOL), Metals, Energy, FX
- Instrument List
- USDC-margined perpetuals with no expiry: over 60 US stocks and ETFs (AAPL, AMZN, GOOGL, COIN, GLD, IWM and others), ES, NQ and RTY index perps, BTC, ETH and SOL, gold, silver, copper, platinum, WTI, Brent, natural gas and 9 FX pairs. XRP and HYPE cannot be traded on funded accounts
- Trading Hours
- Crypto 24/7. ES, NQ, RTY and commodities locked Friday 5 PM ET to Sunday 6 PM ET; single stocks Friday 8 PM ET to Sunday 8 PM ET; FX locked over the weekend
payment & payout methods
- Payment Methods
- Credit/Debit Card, Crypto
- Payout Methods
- Crypto (USDC)
- Minimum Withdrawal
- 1 USDC
restricted countries
- Restricted Countries
- Cuba, North Korea, Iran, Russia, Syria
platforms
- Trading Platforms
- Vest
- Platform Notes
- Vest's own web app (email, Google or crypto wallet login). Market, Limit and Scale orders with take profit and stop loss. No MetaTrader, no API trading on funded accounts