By Caleb Osei · Checked 7 October 2026
Hash Hedge — HashHedge in most searches — charges one fee, once, per challenge. There is no monthly cost and no reset fee advertised. Every account also carries 5% cashback, which the firm shows on each pricing card.
Fees below are Hash Hedge’s own, read from its pricing widget on 7 October 2026. The cost per $1,000 column is our arithmetic, except the 2-Stage $50,000 row, which Hash Hedge prints itself as “≈ $9.98 per $1,000 of capital”.
Hash Hedge 2-Stage challenge cost by account size
| Account | One-time fee | Per $1,000 |
|---|---|---|
| $5,000 | $79 | $15.80 |
| $10,000 | $99 | $9.90 |
| $25,000 | $249 | $9.96 |
| $50,000 | $499 | $9.98 |
| $100,000 | $799 | $7.99 |
| $200,000 | $1,393 | $6.97 |
Hash Hedge is a proprietary trading firm, so what follows is the price of an evaluation, not a deposit. No trader funds their own account here: you buy a challenge, and passing it gives you a funded account of the firm’s capital to trade. Everything on this page is the cost of that evaluation process.
Hash Hedge marks the $10,000 account “popular” and the $200,000 account “best value”. On the per-$1,000 arithmetic, the $200,000 account is indeed the cheapest capital on the board.
Hash Hedge 1-Stage challenge cost by account size
| Account | One-time fee | Per $1,000 |
|---|---|---|
| $5,000 | $99 | $19.80 |
| $10,000 | $159 | $15.90 |
| $25,000 | $349 | $13.96 |
| $50,000 | $599 | $11.98 |
| $100,000 | $999 | $9.99 |
The 1-Stage route stops at $100,000. The “up to $200,000” in Hash Hedge’s hero is reachable only on the 2-Stage route.
What the higher 1-Stage price buys a trader
The 1-Stage premium is 20% to 61% depending on size — $599 against $499 at $50,000 is the narrowest gap, and $159 against $99 at $10,000 the widest. What it buys is one evaluation stage instead of two, and a 3-day minimum instead of 5. What it costs beyond money is a tighter leash: a 10% target under a 3% daily loss limit and 6% overall, against 8% then 6% under 5% and 10%.
Whether that is a good trade is covered in the two challenge routes compared.
Is there a Hash Hedge discount code?
Not from Hash Hedge. We looked across its homepage, pricing widget and full FAQ on 7 October 2026 and found no promo code, no code field advertised before checkout, and no discount question in the FAQ.
What exists is 5% cashback, printed on every pricing card beside the fee. On the $499 account that is about $25 back; on the $1,393 account about $70.
Third-party sites do advertise Hash Hedge codes. We have not verified any of them, and we will not claim a saving we have not seen applied at checkout. If a code works, it works; we simply have no evidence either way, and a coupon page that invents percentages is worth less than one that says so.
How to pay for a Hash Hedge challenge
USDT only. Hash Hedge accepts it on six networks — Arbitrum, Optimism, Solana, BEP-20, ERC-20 and TRC-20 — and offers no card payment anywhere on the site. Budget for the network fee on whichever chain you use; TRC-20 and Solana are typically the cheapest of the six.
What the challenge fee buys
The fee is for the evaluation, not the capital. Passing it gives access to a funded trading account at the size you paid for, with no further charge advertised.
| Account size | 1-Stage fee | 2-Stage fee | You save on 2-Stage |
|---|---|---|---|
| $5,000 | $99 | $79 | $20 |
| $10,000 | $159 | $99 | $60 |
| $25,000 | $349 | $249 | $100 |
| $50,000 | $599 | $499 | $100 |
| $100,000 | $999 | $799 | $200 |
| $200,000 | not offered | $1,393 | — |
Prop firm trading rules do not change with account size
The trading rules do not change with account size. A $5,000 account and a $200,000 account on the same route carry the same profit target, the same daily loss limit, the same overall drawdown and the same 1:5 leverage cap. Only the fee and the capital change.
That is worth knowing because it makes the per-$1,000 arithmetic the whole decision. If the rules are identical, the only question is how much capital each dollar of fee buys — and on that measure the larger 2-Stage accounts win comfortably.
Passing the challenge and reaching the funded stage
A breach locks the challenge permanently. There is no free retry advertised anywhere on the pricing widget, so a failed attempt means buying another challenge at full price.
What the funded stage is actually like, and what a trader is paid, is covered in the Hash Hedge review and the payout rules.
That changes how the cheapest entry should be read. The 2-Stage $5,000 account at $79 is not only the cheapest way in, it is the cheapest way to find out whether the rules suit you before committing $1,393 to the $200,000 account.
Funded capital, payouts and risk management
Fees do not include any deposit, and traders never fund the account themselves — the capital is the firm’s. What a trader risks is the fee. The risk-management rules that protect the firm’s capital are the daily loss and drawdown limits, covered in HashHedge 1-Stage vs 2-Stage.
Once funded, a trader keeps a share of profit rather than the whole of it — the profit split is 80% in the firm’s FAQ and up to 90% on its homepage. Payouts run every 14 days with a $10,000 ceiling per account, covered in full in the HashHedge payout rules.
The risk rules on the funded stage are the ones from the stage you passed, and a trading day counts as any day on which at least one position was opened. For a crypto prop trading account at 1:5 leverage, those two facts set the pace of everything that follows.
Frequently asked questions
How much is the cheapest Hash Hedge challenge?
$79, for a 2-Stage $5,000 account.
What is the best value Hash Hedge account?
By cost per $1,000 of capital, the 2-Stage $200,000 account at $1,393, about $6.97 per $1,000. Hash Hedge labels it “best value” too.
Are Hash Hedge fees refundable?
The firm advertises the fee as one-time and does not publish a refund on its pricing widget. We found no refund terms on the pages we read.
Does Hash Hedge accept card payment?
No. USDT only, on six networks.
What is Hash Hedge cashback?
5% of the challenge fee, shown on every pricing card alongside the price. It is the only discount mechanism Hash Hedge itself offers.