All insightsTRADING · Prop trading · 3 MIN READ

Prop Firms, Exchanges and Partner Terms

The tools we use ourselves — Hash Hedge, ProveX, BingX and Bybit — who each one suits, and on what terms.

These are the tools we use ourselves. Terms through us are better than going direct.

Ronin Systems receives partner compensation when you register through the links below. Terms, availability and bonuses are set by the platform and can change at any time — check the current rules on its own site before you pay for anything.

Hash Hedge

The main prop firm we trade with.

Your own money is never at risk beyond the cost of entry.

What works here: the rules are written in advance and do not change mid-process. The only hard prohibition is opposing positions across different accounts. Everything else is allowed — trading the news, holding over the weekend, working from anywhere.

There is no time limit on completing a phase, so you take as long as you need. That is rare: at most firms the phase expires on a deadline, people start forcing trades at the end of the period, and that is exactly how they fail out.

Who it suits: traders with precise levels and short stops. A disciplined style where risk per trade is calculated in advance.

Through Ronin Systems there is a discount on the first challenge — message us for the code. Hash Hedge's own published statistic: roughly 20% pass phase 1. We are not selling a better chance than that.

Start a challenge

ProveX

The second option, for a different style.

The key difference is a maximum drawdown of 15% instead of the usual 8–10%.

That sounds minor and changes everything in practice. More drawdown headroom means wider stops and room to let a position breathe. Swing trading, holding through news, working from higher timeframes — all of that survives at 15% and often does not at 10%.

Who it suits: swing traders who are not willing to cut stops to one percent just to pass an exam. If you read the market correctly but keep getting stopped out a couple of points before the reversal, this is your option.

The trade-off: a narrower instrument list than Hash Hedge. Read the full terms on their site before buying, not after.

Start a challenge

Choosing between them

Short stops, precise entries, intraday — Hash Hedge. Wide stops, swing, holding for days — ProveX.

Not sure — message us and we will look at your style and work out which fits. It is free and takes five minutes.

BingX

Ronin's primary trading platform.

Not the loudest exchange, but one of the few that came through 2022 and the FTX collapse without frozen-withdrawal stories.

One advantage many venues do not have: copy trading covers not only crypto but equities, commodities and spot. The portfolio can actually be diversified instead of sitting in a single asset class.

Hold VIP status on another exchange — message us and we will move you two levels higher on BingX. Already have an account — message @Hikik0m0ri and we will connect you to the partner community.

Register on BingX

Bybit

The second platform. Derivatives, spot, copy trading.

Registering through us adds start-up bonuses, and any platform question goes through a dedicated manager rather than the general support queue.

Register on Bybit · switch your referral to us (code 159507)

What matters more than a bonus

Execution quality, withdrawals, support, availability in your jurisdiction and the platform's operating history all matter more than the size of a signup bonus. Check those first.

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