Spreads and fees are visible before you trade.
Including spreads, fees and slippage, I feel the trading environment is among the best of the offshore brokers I have used. It changed my impression that prop firms compromise on trading conditions. This environment plus instant payouts via smart contract alone could be a reason to use it.
This is Ponchai’s own experience and approach. Trading conditions vary by instrument and time of day.Spreads published, history included.
It’s worth checking not only how tight spreads are, but how wide they get during the hours you trade. HIVE’s Spread page shows bid, ask, fees and the last 4 days of history.
Official spreads and history Login required to view.
Three major instruments, per 1 lot.
Avoiding the times around market close, we zoomed into the official history forOctober 9, 2026, 02:00–11:59 UTCThe table below is a visual estimate of that range.
| Instrument | Observed spread range | Approx. round-trip fee per lot |
|---|---|---|
| EURUSD | about 0–0.7 pips mostly 0–0.3 pips | about $3.36 EUR 100,000, EURUSD ≈ 1.1201 |
| USDJPY | about 0–0.4 pips mostly 0–0.3 pips | about $3.00 USD 100,000 |
| XAUUSD | about $0.07–$0.35 / oz shown as 0.7–3.5 pips | about $12.58 100 oz, example at gold ≈ $4,194 / oz |
Compensation for unexpected slippage on your SL.
You placed a stop loss, yet it slipped badly and you lost more than expected. Evaluation accounts include compensation for this kind of unfavorable slippage.
Under the official terms, slippage up to 10% of the realized loss is treated as normal and not adjusted; for unfavorable slippage beyond that, theycompensate up to 50% of the loss on the whole position
This covers fills that slipped from your SL price. It applies to evaluation accounts, not funded accounts. Whether it applies to a given trade and the amount follow the official conditions.
Sources: official terms · Slippage Protection / Annex 1 · definitions; official FAQ · Slippage Protection
When you make a profit, you want it without waiting.
In actual use, payouts took about one second almost every time. Less “wait 60 seconds,” more “it arrives as soon as you click.”
This is Ponchai’s impression from use. Timing depends on your wallet and network conditions.Receive qualifying profits without waiting for staff approval.Speed is what I find attractive about HIVE payouts.
From waiting for approval to processing by program.
When you request a payout, the Smart Hive Contract checks the conditions and sends it to your connected wallet.
A promise of an extra $1,000 if it takes more than 60 seconds.
HIVE doesn’t just advertise speed; it also offers compensation for delays. According to the official FAQ and an announcement on August 3, 2026, payouts arrive within 60 seconds of verification being completed, and if late, an extra $1,000 is paid.
Per the official explanation, the 60 seconds start when verification is complete. Network conditions are also mentioned; ask the firm about eligibility for compensation in your case and how to claim it.
Source: official explanation of 60 seconds and the extra $1,000 — official FAQ
You can check “we paid” in the records.
Beyond payout screenshots, you can check the on-chain transfer records yourself. Being able to trace records of payments actually made is the strength of this system.
Spreads and fees before trading, transfer records after payouts. It helps to have information you can check yourself both before you start and while you keep using it.
You need to connect a wallet before requesting. Conditions for withdrawable profit, such as AADS and settling PFP fees, arePayout conditionsexplained in this section.
HIVE coins make your next account easier to buy.
Once you pass, buying your next account costs less.HIVE coins help if you keep using the firm after passing. Pass an eligible challenge and get a funded account, and you receive coins worth 200% of the purchase price. It is not a cash refund; you use them for your next purchase.
- 01Bought with PONCHAI$449.10
10% off the NewBee list price of $499
- 02Pass and get a funded account$898.20
Coins worth 200% of what you paid
- 03If you buy the same plan next time$299.40
60% cash + $149.70 in coins + 10% code
Classic and PFP: coin use compared at 100K
An estimate using PONCHAI for both the first and later purchases of the same 100K plan. Classic is 10% off, PFP 20% off. Using coins for 30% of the list price on later purchases, your cash share is 60% for Classic and 50% for PFP. The coins from the first pass cover 6 purchases for Classic and 5 for PFP.
| 100K plan | List price | First-purchase coupon applied | Coins granted (value) | Next: cash + coins | Purchases with coins / coins left |
|---|---|---|---|---|---|
| Classic NewBee | $499 | $449.10 | $898.20 | $299.40 ＋ $149.70 | 6 times + $0.00 left |
| Classic WorkerBee | $599 | $539.10 | $1,078.20 | $359.40 ＋ $179.70 | 6 times + $0.00 left |
| Classic QueenBee | $699 | $629.10 | $1,258.20 | $419.40 ＋ $209.70 | 6 times + $0.00 left |
| PFP 1STEP | $249 | $199.20 | $398.40 | $124.50 ＋ $74.70 | 5 times + $24.90 left |
| PFP 2STEP | $99 | $79.20 | $158.40 | $49.50 ＋ $29.70 | 5 times + $9.90 left |
Granted amount = discounted first payment × 200%; coin use on later purchases = list price × 30%. Extra coins from new passes are not included. Scroll sideways to compare.
Estimate when moving to another PFP size
An estimate for PFP to PFP, using PONCHAI’s 20% discount on both the first and the next purchase. On the next purchase, 30% of the list price is paid with coins.
First payment $79.2 → coins granted $158.4worth
Cash per next purchase $49.5 / coins $29.7worth
Coins left $9.9worth
Coins can be used on everything except INSTANT.
Source: coin bonus / Annex 2
Which entry suits you? Comparing the 4 plans.
The plan to pick depends on when you pay and from what. Classic, which you pay up front; PFP 1STEP and 2STEP, which keep the upfront cost low; and Instant Growth, where you level up. Same HIVE, but the money flow after passing differs.
| Plan | Steps · targets | How fees work | Who it suits |
|---|---|---|---|
| Classic 2STEP ↓ | 2 phases: 8% → 6% | Entry fee paid up front No funded-account fee | People who want costs fixed up front |
| PFP 1STEP ↓ | 1 phase: 10% | Initial access fee + funded-account fee after passing | People who want to focus on a single phase |
| PFP 2STEP ↓ | 2 phases: 8% → 6% | Initial access fee + funded-account fee after passing | People who want a low-cost entry |
| Instant Growth ↓ | Levels: 6% each | Start fee + level-up fees paid from profits | People who want to grow the account step by step |
Prices are compared at 100K
| Cost at purchase for 100K | Regular price | Price with PONCHAI |
|---|---|---|
| Classic NewBee | $499 | $449.10 |
| Classic WorkerBee | $599 | $539.10 |
| Classic QueenBee | $699 | $629.10 |
| PFP 1STEP | $249 | $199.20 |
| PFP 2STEP | $99 | $79.20 |
PFP has a separate funded-account fee after passing; Classic does not. Regular prices are as shown officially on October 10, 2026; discounts are calculated as 20% off for PFP and 10% off for Classic. Instant is 10% off, but because it works by levels, we do not convert it to a direct 100K purchase price.
PFP’s pay-from-profits has conditions such as risk tiers. Instant level 1 is also an evaluation stage, so you cannot withdraw freely right after purchase.
Payout conditions | To receive your A-book profits.
If your A-book P&L is positive, payouts are instant from a single trade.
The basic requirement is thatyour A-book P&L is positive and you have withdrawable profit. Funded accounts have no minimum number of trading days for payouts; you can withdraw after a single trade if the conditions are met.
If past A-book losses or the PFP funded-account fee remain, profits go to settling those first. For Classic / PFP, you also need to meet conditions such as a $50 minimum payout after the split and fee settlement.
Sources: A-book P&L and fee settlement; no minimum trading days on funded accounts
Unfavorable conditions to check before buying
At −1% you move to B-book. Profits made while recovering cannot be withdrawn.
HIVE’s big weakness is the AADS rule: when a funded account falls about 1% below its initial balance, open positions are closed and the account moves to B-book.If you only look at the usual loss limits, it is easy to miss this payout condition. Profits made on B-book cannot be withdrawn as cash.
Even if you stay in the funded account, trading profits on B-book are not eligible for cash payouts. You first need to recover to the initial balance and return to A-book, then offset earlier A-book losses with new A-book profits.Even after your balance recovers, payouts require offsetting A-book losses.
What happens on a 100K account?
- 01A-book100,000
Start trading
- 02B-book≈ 99,000
Positions closed and switched at about −1%
- 03B-book → A-book100,000
After recovering, A-book is re-enabled
- 04Offset losses on A-book+1,000
If the earlier loss was $1,000, that is settled first
The $1,000 gained on B-book is not eligible for cash payout.
Once the earlier A-book loss is covered, payouts come from eligible profit beyond that. Any unpaid PFP fee is settled first.
−1% is separate from the failure line. After moving to B-book, each plan’s loss limits still apply.
A simplified example to explain the mechanism. Actual switch and settlement amounts, fees and account status will change the figures. This restriction is separate from the failure line.
It is especially harsh for strategies that tolerate large temporary drawdowns, or for people who want to make money from recovering out of a loss too.Don’t choose on the low price alone; first decide whether this restriction fits your trading.
Source: official AADS explanation
Who can make the most of the trading environment and payout speed?
The deciding point is whether your usual strategy can handle the −1% switch. If your strategy keeps risk small enough to stay on A-book, you can receive qualifying profits without waiting for the next payout date.
Coins for passing and PFP’s pay-from-profits also reduce the cash you need up front.But profits earned on B-book never become eligible for payout.Along with the trading environment and costs, consider whether the −1% switch fits your strategy.
See the trading environment ↑ See the coin purchase example ↑
With multiple accounts, watch out for trading or copying the same instrument
There are restrictions on copy trading across several funded accounts and on holding duplicate positions in the same instrument. Even with different currency pairs, correlated price moves can stack losses. If you add accounts, manage the total across all accounts as well as each account’s risk.
Payouts also have a minimum and a daily limit
For Classic / PFP, the minimum payout is $50 after the split and fee settlement. Under the terms, the daily limit is $1,000 per ERC20 address. If you use several accounts, note that the limit is per address. Eligible A-book profit and fee payment conditions take priority.
Sources: payouts · multiple accounts · evaluation conditions
PONCHAIPFP plans 20%OFFClassic · Instant 10%OFFClassic 2STEP | Pay the fees up front.
Choose Classic if you don’t want profits after passing to go toward an activation fee.You pay the entry fee first and move to a funded account after passing the 8% → 6% evaluation. The first payment is larger than PFP, but there is no funded-account fee to settle after passing.
Who it suits
It suits people who would rather fix costs up front than manage PFP’s risk tiers and fees in detail. Within Classic, you choose your split and trading conditions from three types: NewBee, WorkerBee and QueenBee.
The AADS rule after passing also applies to Classic. Even without deferred fees, profits made on B-book cannot be withdrawn.See the −1% switch and return conditions ↑
Checked on October 10, 2026 by selecting 100K and each Bee on the official page. PONCHAI prices are calculated at a 10% discount; application at checkout has not been confirmed. Leverage varies with trading volume and other factors.
See Classic conditions and diagrams
| What to check | Classic 2STEP |
|---|---|
| Evaluation | Phase 1: 8% → Phase 2: 6% |
| Profit split | NewBee 70% / WorkerBee 80% / QueenBee 90% |
| Cost after passing | No funded-account activation fee |
| How to choose | Compare not only the entry fee but also profit split and leverage |
Sources: official plans; official terms
Comparing the three types at 100K
| Classic 100K | Regular price | PONCHAI · 10% off | Profit split / daily loss limit |
|---|---|---|---|
| NewBee | $499 | $449.10 | 70% / 5% |
| WorkerBee | $599 | $539.10 | 80% / 4% |
| QueenBee | $699 | $629.10 | 90% / 3% |
QueenBee’s high profit split is tempting, but its daily loss limit is narrower to match. Choosing on the split alone may make your usual trading harder. Maximum dynamic FX leverage also differs: NewBee 1:50, WorkerBee 1:100, QueenBee 1:200.
Sources: official plans; official terms
PFP, pay from profits | Know how it works, then pick 1STEP or 2STEP.
If you want to keep the first payment low, PFP is a candidate. There is a funded-account fee after passing, butwith Low / Moderate, you can pay that whole fee from profits after passing.
What is used for payment is the trader’s 80% share of profits. Until the fee is paid off, that share goes to settlement. Even after passing, you need to earn the fee before you can withdraw.
| Management during the evaluation | Low | Moderate |
|---|---|---|
| Loss limit per trade | 1% | 1.5% |
| Daily / overall limits | 2% / 5% | 3% / 6% |
| SL condition | Set and keep within 20 seconds | Set before closing |
| Funded-account fee | 1% of account size | 2% of account size |
| Share payable from profits | 100% | 100% |
The table shows the conditions tied to pay-from-profits risk tiers. Also check the loss lines that lead to failure. With Medium / High or when the tier changes, prepayment or settlement of the difference may apply.
Sources: PFP and risk tiers; paying fees from profits
Finish in one phase, or keep the entry fee low and split it into two?
The pay-from-profits conditions are the same. What differs is the number of evaluation phases and the first payment. At 100K, 1STEP is $199.20 and 2STEP is $79.20, both calculated with PONCHAI applied.
PFP 1STEP | Focus on a single evaluation phase.
You aim for 10% in a single evaluation. The entry fee is higher than 2STEP, but it is for people who want to finish the evaluation in one go.
| What to check | PFP 1STEP |
|---|---|
| Evaluation | 1 phase · 10% profit target |
| Upfront cost for 100K | Regular $249 → $199.20 with PONCHAI |
| Profit split | 80% |
| Funded-account fee | With Low / Moderate, 100% payable from your profit share |
Who it suits
For people who would pay more to finish the evaluation in one round. To use pay-from-profits, you need to reach the 10% target while staying in Low / Moderate.
See upfront costs by account size
| Account size | Regular price | PONCHAI · 20% off |
|---|---|---|
| 5K | $19 | $15.20 |
| 10K | $39 | $31.20 |
| 25K | $99 | $79.20 |
| 50K | $149 | $119.20 |
| 100K | $249 | $199.20 |
| 200K | $399 | $319.20 |
Regular prices are as shown officially on October 10, 2026. Discounted prices are calculated with PONCHAI’s 20% off applied. These are initial access fees only; funded-account fees and similar are separate. An example of using coins is in the HIVE coins section above.
Back to the shared pay-from-profits conditions ↑
Sources: official plans; official terms
PFP 2STEP | Keep the upfront cost low and go in two phases.
To keep the cost at purchase as small as possible, choose 2STEP. There are two evaluations, 8% → 6%, but the upfront cost for 100K is $99 at list price, or $79.20 with PONCHAI.
| What to check | PFP 2STEP |
|---|---|
| Evaluation | Phase 1: 8% → Phase 2: 6% |
| Upfront cost for 100K | Regular $99 → $79.20 with PONCHAI |
| Profit split | 80% |
| Basic loss limits | Daily 5% / maximum 10% |
| Funded-account fee | With Low / Moderate, 100% payable from your profit share |
Who it suits
For people who want to keep the first outlay low even if the evaluation takes longer. The price makes it easier to keep budget for another attempt instead of spending it all at once.
See upfront costs by account size
| Account size | Regular price | PONCHAI · 20% off |
|---|---|---|
| 5K | $9 | $7.20 |
| 10K | $19 | $15.20 |
| 25K | $49 | $39.20 |
| 50K | $75 | $60.00 |
| 100K | $99 | $79.20 |
| 200K | $199 | $159.20 |
Regular prices are as shown officially on October 10, 2026. Discounted prices are calculated with PONCHAI’s 20% off applied. These are initial access fees only; funded-account fees and similar are separate. An example of using coins is in the HIVE coins section above.
Basic conditions during evaluation and on funded accounts
Each evaluation phase requires 3 profitable days of at least 1% of the initial balance, plus a balance condition. There is no evaluation time limit or consistency rule. Funded accounts cannot hold positions over the weekend.
Comparing the 100K upfront cost with other firms’ listed examples
Here are other firms’ 100K 2STEP plans and the amount paid at purchase. Against HIVE PFP 2STEP at a $99 list price, the listed examples range from $239 to $599. With PONCHAI, HIVE is $79.20. However, HIVE also has a funded-account fee after passing; include that in your comparison.
| Listed examples of 100K plans | Listed price, USD | Checked |
|---|---|---|
| Blue Guardian 2 Step Nano | $239 | 2026-10-02 |
| FundedElite 2 Step Lite | $299 | 2026-10-02 |
| FundedNext Stellar Lite | $399.99 | 2026-10-02 |
| FundingPips 2 Step Pro | $466 | 2026-10-02 |
| FundedNext Stellar 2-Step | $549.99 | 2026-10-02 |
| RZR Funded Enhanced / 2STEP | $599 | 2026-10-10 |
| IC Funded Professional 2-Step | $519 | 2026-10-05 |
Some USD-denominated 100K 2STEP plans checked October 2–10, 2026. This is not a market average or a ranking by lowest price. Discounts, loss limits, profit targets and retry conditions differ by plan. EUR- and JPY-denominated plans, pay-later types and the limited-time Summer plan are excluded. 100K is the account size used for trading; what you receive is your share of qualifying profits.
You can reduce the cash you need up front.
If you pass with Low / Moderate, the fee after passing can also be paid from profits. You still need to earn the fee before withdrawing, but keeping the cash you need up front low is PFP’s appeal.
Regarding the access fee for phase 2 of the evaluation in the official documents, we are checking a discrepancy with users’ accounts. Until we confirm the billing terms at purchase, whether there is an additional charge is unconfirmed.
Sources: PFP official; RZR Funded pricing; FundedNext pricing
Back to the shared pay-from-profits conditions ↑
Sources: official plans; official terms
Starting small, I would consider several PFP 10K accounts, splitting currency pairs to build up funds. Rather than going for 200K in one shot, I want to decide including the budget I keep if I fail. Each account has the same passing conditions, so I want to keep it to a number I can manage.
This is Ponchai’s own experience and approach. Trading conditions vary by instrument and time of day.Instant Growth | Level up and grow the account.
Turn each level’s achievement into the next account.
Instant Growth is a plan where you grow the account little by little. You start at level 1 and aim for 6% profit at each level. The next level’s fee is paid from profits, so it suits people who want to grow the account rather than take profits right away.
There is no daily loss limit, but there are limits of 6% maximum loss and 2% per trade.
The first level is an evaluation on B-book. Finishing level 1 and withdrawing instead of moving on is allowed once per user. From level 2, you proceed on A-book. You cannot freely withdraw funded-account profits right after purchase.
Three points about how it progresses
- Lv1 is an evaluation on B-book. Stopping at Lv1 and withdrawing is allowed once per user.
- From Lv2, AADS applies. If you move to B-book at −1%, profits while recovering cannot be used for cash payouts.
- Instant is 10% off with PONCHAI. The start fee is normally $299, or $269.10 with the code. Coins cannot be used.
See Instant Growth conditions and diagrams
| What to check | Instant Growth |
|---|---|
| Profit target | 6% at each level |
| Loss limits | Max 6% / 2% per trade / no daily limit |
| Profit split | 80% |
| Level-up | Next level’s fee paid from profits |
| Estimates combining coins and PONCHAI | Not covered in this article |
Sources: official plans; official terms
- Lv1$10,000
Start fee $269.10 (PONCHAI applied)
- Lv3 ✓$40,000
Cumulative $413 left by completion
- Lv5 ✓$150,000
6% achieved: share $7,200 → next fee $0
- Lv10$1,000,000
Top level of the tower
If you scale up every time until achieving Lv3, an estimated cumulative $413 is left. Minus the $269.10 start fee after PONCHAI, that is $143.90. The next milestone is not reaching Lv5 but hitting 6% at Lv5.
| Level achieved | Account size | 6% profit | 80% share | Next fee | Left this time | Cumulative left |
|---|---|---|---|---|---|---|
| Lv1 | $10,000 | $600 | $480 | $449 | $31 | $31 |
| Lv2 | $20,000 | $1,200 | $960 | $899 | $61 | $92 |
| Lv3 | $40,000 | $2,400 | $1,920 | $1,599 | $321 | $413 |
| Lv4 | $80,000 | $4,800 | $3,840 | $2,990 | $850 | $1,263 |
| Lv5 | $150,000 | $9,000 | $7,200 | $0 | $7,200 | $8,463 |
| Lv6 | $250,000 | $15,000 | $12,000 | $0 | $12,000 | $20,463 |
| Lv7 | $400,000 | $24,000 | $19,200 | $0 | $19,200 | $39,663 |
| Lv8 | $600,000 | $36,000 | $28,800 | $0 | $28,800 | $68,463 |
| Lv9 | $750,000 | $45,000 | $36,000 | $0 | $36,000 | $104,463 |
| Lv10 | $1,000,000 | $60,000 | $48,000 | Complete | $48,000 | $152,463 |
About the fee descriptions on the official page and in the terms
The official Golden Tower table shows $449 to Lv2, $899 to Lv3, $1,599 to Lv4, $2,990 to Lv5 and $0 from Lv6. Meanwhile, the terms still describe it as “2% of the next account size.” This estimate uses the official page with specific amounts. Before actually leveling up, check the amount billed in your account.
Sources and structure reference: Golden Tower · Terms §2.1 · NOTE
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