Skip to content
PickMyFirm
CryptoVerified

Carrot Funding Review

DeFi-native firm trading on Hyperliquid, with USDC payouts on Arbitrum and an 80% split.

3.3/5 our ratingUnited Arab EmiratesReviewed by PickMyFirmUpdated Oct 28, 2026
Saving not confirmedDetails

Updated Oct 27, 2026 · No published end date

Visit Carrot Funding

About Carrot Funding

Carrot Funding is a crypto prop firm, based in United Arab Emirates. It sells 2 programs — 2-Phase Challenge and 1-Phase Challenge — with accounts from $5K to $100K and prices from $65. You trade on Own platform and Hyperliquid. Funded traders keep up to 80% of profits, paid on demand by crypto.

Our verdict

“Suits crypto traders comfortable with DeFi wallets who want few rules beyond the loss limits and fast USDC payouts, and who accept that funded trades can be booked internally.”

At a glance

Cheapest plan
$65
Coupon code
SCOUT
Max split
80%
Account sizes
$5K–$100K
Evaluation
1-step, 2-step
Drawdown
Trailing
Payouts
On demand
Platforms
2

Platforms: Own platform, Hyperliquid. Markets: Crypto perps, FX pairs, Commodities, Stocks, Indices.

What we like

  • No time limit, no minimum trading days and no news, weekend or strategy restrictions on the 2-Phase
  • On-demand USDC payouts on Arbitrum within 24 hours, with a 100 USDC minimum and no withdrawal fee
  • Payouts and challenge state are recorded on-chain and aggregate transparency stats are published
  • Detailed public rulebook with worked examples of every limit

Watch out for

  • The firm may book funded trades internally (B-book) instead of on Hyperliquid, at its sole discretion; traders are labelled A- or B-booked
  • Breaches are final (no resets or appeals), fees are non-refundable once activated, and trading is disabled while a payout is processed
  • Trustpilot has few reviews (26), and the page notes the firm has not recently invited reviews

Flags we checked

  • Public rulebook, FAQ and docs
  • On-chain payout records and published vault reserves
  • Hybrid A-book/B-book execution at the firm's discretion

Challenges

Full price table →

Who can join and how to pay

Restricted countries

The firm doesn't publish a restricted-country list.

Compare all firms by country →

Ways to pay

  • Crypto
  • Card
  • Apple Pay
  • Google Pay

Ways to get paid

  • Crypto

Carrot Funding reputation

Trustpilot

4.7 / 5 · 26 reviews

  • 5★96%
  • 4★4%
  • 3★0%
  • 2★0%
  • 1★0%
Read the reviews

Checked Oct 28, 2026

Reported payout problems

None found in the last 12 months in regulator notices, news, the firm's own announcements or recent Trustpilot reviews.

Carrot Funding FAQ

Is Carrot Funding legit?+

Carrot Funding doesn't publish a founding year. Its rules, prices and payout terms are published on its own website, which we checked on Oct 28, 2026. On Trustpilot it scores 4.7 from 26 reviews (checked Oct 28, 2026). We found no reported payout denials in the last 12 months in regulator notices, news or the firm's own announcements. Things to watch: Hybrid A-book/B-book execution at the firm's discretion. No one can guarantee future payouts, so start with a smaller account and read the full terms before you buy.

How much does a Carrot Funding challenge cost?+

Plans start at $65 for a $5K account (2-Phase Challenge). The largest account, $100K, costs $699. Use code SCOUT at checkout.

What is Carrot Funding's profit split?+

Up to 80% on 2-Phase Challenge and 1-Phase Challenge. Some firms reach the top split only after several payouts or with a paid add-on, so check the plan's terms.

How often does Carrot Funding pay out?+

Payouts are on demand. Methods: Crypto. The minimum withdrawal is $100.

Which countries can't join Carrot Funding?+

Carrot Funding doesn't publish a restricted-country list. Ask its support in writing before you buy if you're unsure.

Which platforms does Carrot Funding use?+

Carrot Funding offers Own platform and Hyperliquid.

Does Carrot Funding allow news trading and EAs?+

News trading is allowed, EAs and bots are not stated, and holding over the weekend is allowed. Rules can differ by plan, so read the plan's terms.

Is there a Carrot Funding coupon code?+

Try SCOUT at Carrot Funding's checkout. We haven't confirmed the saving yet; the checkout shows whether it applies and your final price before you pay.

Compare with similar firms

Carrot Funding vs Hash Hedge Carrot Funding vs Cointracts Carrot Funding vs Upscale
  1. Hash HedgeVerified

    Futures desk with 1- and 2-stage challenges, own terminal and 14-day USDT payouts.

    Rating
    3.3/5
    From
    $79
    Split
    90%
  2. CointractsVerified

    Crypto-only firm with 1- and 2-step challenges and USDT (TRC-20) payouts.

    Rating
    3.4/5
    From
    $25
    Split
    80%
  3. UpscaleVerified

    Web3 prop platform with a TradingView-based terminal, USDT payouts and no KYC.

    Rating
    2.7/5
    From
    $69
    Split
    90%