Hash Hedge Review 2026: Is It Legit? Challenge Rules, Drawdown Limits and Payouts

What it is

Hash Hedge is a prop firm operating since 2024. Jurisdiction: not disclosed in the public terms. Legal entity: не раскрыто в Terms and Conditions. You pay for an evaluation, prove you can respect risk limits, and get a funded account with most of the profit paid to you.

Figures below come from the company's public data as of this page's update date. Prop firms change terms more often than brokers, so verify them on the Hash Hedge site before paying.

Challenge conditions

Account sizes: $5 000 – $200 000. Fee: from ~$79 to ~$1,393 for the 2-stage challenge, from ~$99 to ~$999 for the 1-stage. Structure: two models: 2-stage (8% and 6% targets) and 1-stage (10% target); no time limit and no activation fee. Drawdown limits: 2-stage — 5% daily, 10% overall on stage one and 8% after; 1-stage — 3% daily, 6% overall. Platforms: собственный браузерный терминал.

Payouts

Up to 90% profit split. 14-day cycle, paid in usdt, from $100 to $10,000 per cycle.

Drawbacks

• Operating since 2024 — a shorter track record than FTMO or The5ers
• Proprietary browser terminal: no MT4 or MT5, existing EAs cannot be moved over
• Leverage up to 1:5 — lower than forex prop firms, higher only during promotions

The calculation most people get wrong

The cost of access to capital is not the challenge fee — it is the fee multiplied by the average number of attempts. Published industry pass rates run from a few percent to around 10%. Multiply from ~$79 to ~$1,393 for the 2-stage challenge, from ~$99 to ~$999 for the 1-stage by a realistic number of attempts and compare it with trading your own deposit at the same risk — position size calculator.

Availability

Restrictions apply only to sanctioned jurisdictions — cuba, iran, north korea, syria, yemen and persons on un, eu, uk and us sanctions lists; cis countries are not restricted in the terms.

Other prop firms

FTMO, FundedNext, The5ers, Topstep, Alpha Capital Group, E8 Markets, MyFundedFX, Funded Trading Plus

If the prop model does not suit you, compare regulated brokers instead.