Skip to content
Nexbitra

How it works

How our crypto prop firm works.

Seven steps from the challenge fee to the first reward in bitcoin, each with the rule that applies to it. Numbers come from the published ruleset.

01Choose a challenge

Pick a model and an account size on the challenges page. The fee is paid once: $110 for a Classic 1-Step 10K account, $100 for a 2-Step 10K account. Classic 1-Step is one phase with a consistency rule; 2-Step is two phases with wider loss limits and a lower fee. An optional add-on raises the profit split on the funded account for a share of the fee.

Every account is simulated. The account size is virtual, not capital provided to you, and your fee pays for the evaluation service.

02Create an account and pay in bitcoin

Sign up with your email, confirm the address, and declare your country of residence. You must be 18 or older and live outside the restricted countries listed at the bottom of every page.

At checkout you tick two boxes: that you understand the account is simulated, and that the fee is refundable only before your first trade. Then you pay a BTCPay Server invoice in bitcoin, on-chain. The evaluation account is created when the payment confirms and becomes active within seconds.

03Trade the evaluation

The terminal shows a live chart, the Bybit order book and the composite mark for BTC, ETH and SOL perpetuals. Before a market order goes in, the preview shows its notional, margin and fee, and the mark price at which today's floor would break. Orders fill against the live book, level by level, with a taker fee of 0.05%.

Leverage is capped at 5x on BTC and ETH and 3x on SOL.

04Watch your objectives

The dashboard shows balance and equity, the room left today and in total, progress to the target and the trading days counted so far. On Classic 1-Step the objectives are:

  • profit of 8% of the starting balance;
  • equity above the daily floor: the higher of balance and equity at 00:00 UTC, minus 4% of the starting balance;
  • equity above the max-loss floor, 8% below the starting balance;
  • at least 3 trading days;
  • a best day of at most 40% of the profit;
  • no open positions when the target is reached.

On 2-Step the first phase asks for 8% and the second for 5%, with a daily limit of 5% and a max loss of 10%.

05If an account breaches

When equity crosses a floor, open positions are closed at market and the account stops. The breach report shows the exact moment, the rule, your equity and the floor, the composite mark and each venue's price, and the positions you held. If one of the prices behind the composite was unreliable at that moment, the account goes to review instead, and you can only reduce or close positions until a person confirms the prices.

06Pass, verify and go funded

The phase passes the moment every objective holds. After the last phase you verify your identity, sign the trader agreement and receive a simulated funded account with the same loss limits: a daily limit of 4% and a max loss of 8% on Classic 1-Step.

07Request rewards

From 14 days after the funded account starts, and then every 14 days, you can request 80% of the simulated profit, with a minimum of $50. A reviewer checks the trades against the rules, and the reward is sent in bitcoin on-chain, with the transaction link on your payout record.

Payouts are performance rewards under the trader agreement. They are not trading profits from real capital.

The trading terminal: candles, the composite mark, the Bybit order book and order entry.
Trade: market, limit and stop orders against the live Bybit book; breaches use the composite mark.
An evaluation account's dashboard with the corridor chart: equity between the daily floor, the max-loss floor and the target.
Watch the objectives: the corridor shows how much room is left today and in total.