SizeProp Review 2026: Rules, Fees, Payouts and Is It Legit?

By the PropRubric Research Team · Last verified: 22 October 2026 · Checked against each firm’s own terms

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on-chain🇰🇾 Cayman Islandssince 2025

from $36daily 2–3%max 3–5% staticsplit 80% → up to 95%max funding $200K

6.5PropRubric scoreVisit SizeProp →

PropRubric's SizeProp referral code

SizeProp ranks #9 of 18 crypto-first and on-chain firms on PropRubric's list of the best crypto prop firms. It also appears on the lists of crypto prop firms with daily payouts, crypto prop firms that use TradingView and crypto prop firms with no consistency rule.

SizeProp is a Cayman Islands crypto prop firm backed by Igloo Inc, the company behind Pudgy Penguins, that sells one-phase evaluations priced from $36 and pays 80% to 95% of simulated profits in USDT.

Yes, SizeProp is a legitimate, operating crypto prop firm: its terms name the company, its Trustpilot reviewers report payouts, and its rules are on one page, while no payout ledger exists and its “powered by Hyperliquid” label names a price source rather than a venue. The firm’s accounts are simulated by its own terms, and its daily limit resets at 20:00 UTC from the balance. The floor is static on both plans sold, and the firm pays USDT on Ethereum only after a review of the account.

The firm restricts the United Arab Emirates, and its rulebook has no minimum days and no consistency rule, which is rare among crypto prop firms. Compare it with all crypto prop firms PropRubric tracks before you choose.

What is SizeProp?

SizeProp is a crypto prop firm that sells one-phase evaluations on about 85 USDT-quoted pairs, including crypto perpetuals, tokenised commodities, stock and index perpetuals and FX, and pays 80% to 95% of simulated profits in USDT. SIZ EDU Limited, a Cayman Islands company, operates the platform behind those profits under terms last updated on 17 January 2026.

The homepage of the platform carries the line “Backed by Igloo Inc” with “The company behind Pudgy Penguins” beneath it, beside firm-reported counters of 7,938 traders, $199 million of “prop capital issued” and zero denied payouts on 29 September 2026.

The firm’s terms say nothing about those counters and say that “all trading activity on the platform is simulated” and that “no user trade is executed on any live market”, which is the sentence that decides what “powered by Hyperliquid” means.

How does SizeProp work?

SizeProp’s cycle has four steps, and each step is set out in the firm’s rules page and help centre.

1. Buy an evaluation priced from $36, on the Degen plan (one phase, 8% target, $5,000 to $200,000) or the 1-Step plan (one phase, 10% target, $5,000 to $100,000, with $200,000 shown as “coming soon”).
2. Pass the profit target on closed positions within the daily limit and the static floor, with no minimum trading days and no time limit.
3. Verify your identity through Sumsub with an ID and a liveness selfie after passing, before the funded account or any payout.
4. Request a payout at any time from $50 of profit, with positions and orders closed, and receive USDT on Ethereum after the firm’s review.

The step most buyers misread is the venue, because “powered by Hyperliquid” reads as if trades reached that exchange, and the next section reads the documents on that point.

Is SizeProp on-chain, or only “powered by Hyperliquid”?

No, SizeProp is not on-chain: its terms say all trading is simulated and no user trade is executed on any live market, its payouts are USDT transfers with no public ledger, and “powered by Hyperliquid” names a price source. The help centre describes “a proprietary trading platform built in-house” with “simulated real-time order execution” and does not name where its prices come from; the Trustpilot company text says the firm is “powered by deep liquidity from Hyperliquid and ByBit markets”.

A paid tester who bought a $50,000 account in June 2026 wrote that “all settlements and trades are conducted fully on-chain”, which is the marketing line, not the terms.

What the label does change is the price feed a trader sees, and what it does not change is the record a reader can check. Roya Trading, which ranks crypto prop firms by the record an explorer can prove, filed SizeProp on 8 September 2026 among the firms that “pay in crypto but remain a black box”, with no hash to open and no reserve to read. The three meanings of “on-chain” that firms use are compared on the page about on-chain crypto prop firms, where SizeProp is the branding-only case.

How much does a SizeProp challenge cost?

SizeProp challenges cost $36 to $1,020, from the $5,000 Degen plan to the $200,000 Degen plan, and the 90% and 95% split add-ons cost $350 and $450 on the 1-Step plan only.

Values from each firm's own pages, checked by PropRubric

Two add-ons exist, and three price notes apply. The add-ons raise the split from 80% to 90% for $350 or to 95% for $450, bought at checkout on the 1-Step plan, and the price showed the same at every account size on PropRubric’s read.

The first price note is the promotion: a 10% discount was running when PropRubric read the page, and the list prices above are the ones recorded, because a promotion can end at any time.

The second note is the refund: the firm publishes a strict no-refund policy. The third note is the checkout: USDT, USDC, ETH and SOL through Confirmo, or cards, Apple Pay and Google Pay.

What does SizeProp cost per $10,000 of funding?

SizeProp costs $102.00 per $10,000 of funding on the $200,000 Degen plan and $344.00 on the $5,000 1-Step plan, computed as the fee plus one reset at the same price, plus the split add-on where chosen, divided by the account size in $10,000 units.

The flat $350 add-on is the number to read on small accounts: on a $5,000 1-Step it costs four times the evaluation itself and lifts the cost per $10,000 above $1,700, while on $100,000 it adds $70 per $10,000. Both SizeProp plans are single-phase, and the $136 Degen figure on a $10,000 account is set against every firm’s single phase on the list of one-step crypto prop firms. The floor decides whether any add-on or fee is recovered, and the rules are the next section.

What are SizeProp’s trading rules?

SizeProp’s trading rules are a daily limit recalculated at 20:00 UTC from the balance, a static floor on both plans sold, no minimum days, no consistency rule and no time limit. The three sections below cover those rules: the drawdown limits, the restrictions and the instruments.

What are SizeProp’s drawdown limits?

SizeProp allows a 3% daily drawdown on the 1-Step and 2% on the Degen plan, and a 5% maximum drawdown on the 1-Step and 3% on Degen, and both are enforced on equity. The daily limit is “calculated once per day at 8:00 PM UTC using your balance” and “fixed for the entire day”, and the maximum floor is “static and fixed from the starting balance” and unaffected by payouts.

The static floor is new: Trustpilot reviewers wrote on 13 and 14 May 2026 that the firm “finally implemented static drawdown” and had “changed the max drawdown from trailing to static”. The rules page carries a revision date of 12 May 2026, so PropRubric logs the static change with that date.

The same rules page still describes a 2-Step plan with a 4% daily limit and a 6% floor that the checkout does not sell. How a trailing floor and a static floor end accounts on different days is worked through on the page about trailing vs static drawdown in crypto prop challenges.

Which trading restrictions does SizeProp have?

PropRubric checks twelve restriction rules at SizeProp, and the firm publishes eleven; the per-trade cap is stated only as “none stated”.

The one-account rule is the restriction with a side effect a reviewer described in May 2026: a payout request that stays “pending” freezes trading on the account until it clears, because trading is not allowed while a request is open. A firm reply confirmed the case was a payout bug fixed within days.

What can you trade at SizeProp, and with how much leverage?

You can trade about 85 USDT-quoted pairs at SizeProp, including crypto perpetuals, tokenised gold, stock and index perpetuals and FX, in the firm’s in-house terminal, at 5x on three symbols and 2x on everything else.

Fees are 0.055% per side plus a holding charge of 0.0167% every 8 hours, and the pair list follows the firm’s own table, which changes; the forex and stock pairs were added in May 2026 after reviewers asked for them.

How do SizeProp payouts work?

SizeProp pays 80% of profits, rising to 90% or 95% with an add-on, in USDT on Ethereum, on request at any time from $50, after a review the firm does not time, and its terms call every payout a discretionary reward.

Three payout conditions apply. Firstly, all positions and orders have to be closed before the payout request. Secondly, identity verification through Sumsub has to be complete before the same request. Finally, the withdrawal policy makes each payout “a discretionary reward based solely on simulated performance”, so the review can refuse a request, and the homepage counter of zero denied payouts is the firm’s own figure.

Payout Junction, which counts only payouts matched to a public blockchain wallet, did not list SizeProp at PropRubric’s last check. The split, the rail and the proof are compared across every firm on the page about how crypto prop firm payouts work.

Who can trade with SizeProp?

SizeProp publishes a restricted list dated 24 March 2026 that does not name the United States and does name the United Arab Emirates, China and Vietnam. “Not listed as restricted” is not the same as “accepts US traders”, and the United Arab Emirates line matters because the country is among the five largest sources of searches for crypto prop firms.

SizeProp verifies identity after the evaluation and before the funded account, so a document problem delays funding rather than the purchase, and a trader from a restricted country can buy and pass before the check stops the payout.

Is SizeProp legit?

Yes, SizeProp is a legitimate, operating crypto prop firm. The evidence is that its terms name SIZ EDU Limited in the Cayman Islands, its backer is named on the homepage, and Trustpilot reviewers report repeated payouts. The two cautions PropRubric found beside that evidence are a payout record that exists only in reviews, and a homepage label that reads as an exchange venue while the terms say no trade reaches one.

• Status: active at PropRubric’s last check.
• Operator and jurisdiction: SIZ EDU Limited, Cayman Islands; terms last updated 17 January 2026; backed by Igloo Inc, the Pudgy Penguins company, per the homepage.
• Operating since: October 2025, firm-stated (“We’ve been live since October 2025”); the terms and the Trustpilot profile date from January 2026.
• Payout evidence: none on-chain and no ledger; Trustpilot reviews report payouts of $281.70 in 7 hours and six payouts totalling over $2,500 (May 2026); absent from Payout Junction at PropRubric’s last check.
• Complaint signal: Trustpilot 4.4 from 44 reviews at PropRubric’s last check, on a paid subscription, with the firm inviting reviews, replying to 50% of negative ones and labelled as possibly using AI-assisted replies; two one-star reviews describe payouts pending for two weeks; PropFirmMap grades the firm “B” for safety.
• Contradictions found: “fully on-chain” in marketing against “no user trade is executed on any live market” in the terms; a rules page that still describes an unsold 2-Step plan; a static floor that was trailing until May 2026.
• Named people: none on the site; Shingo Arai supervised the paid test on Candy Drops; Roya Trading and PropFirmMap wrote the other pages cited.

A firm’s rules and status change over time, so the last question is what has changed at SizeProp recently.

What has changed at SizeProp?

SizeProp’s change log holds 3 rows, 1 of them logged as a firm change: the $200,000 Degen size went on sale on 11 October 2026 while the 1-Step $200,000 still shows “coming soon”. The maximum drawdown’s move from trailing to static in May 2026, with the rules page revised on 12 May 2026, is the other rule event in the table, and the remaining rows are PropRubric’s additions to its own record.

Date	Firm	What changed	Source
11 Oct 2026Firm change	SizeProp	Challenge prices Degen $200,000 listed as "coming soon" → Degen $200,000 on sale at $1,020 (8% target, 2% daily, 3% maximum, the same rules as the smaller Degen sizes) Firm change: the $200,000 Degen size is on sale; the 1-Step $200,000 still shows "coming soon".	sizeprop.com
5 Oct 2026PropRubric addition	SizeProp	Founded Not published → 2025 (firm-stated: "We've been live since October 2025") not a rule change)	sizeprop.com
12 May 2026PropRubric addition	SizeProp	Maximum-loss type trailing → static from the starting balance rules page revised 12 May 2026; Trustpilot reviews of 13–14 May 2026 describe the switch.	sizeprop.com

3 logged changes at SizeProp

Every change at every firm, with the same columns, is in the log of crypto prop firm rule changes.

What are the alternatives to SizeProp?

Three firms differ from SizeProp on its weakest attributes, the absence of a payout ledger and the restriction on the United Arab Emirates, and each card names the difference.

• Propr: a public payout feed with a hash per payout, on demand from $20, from $25; a British Virgin Islands firm whose 2-step floor trails.
• Velotrade: an Arbiscan link on every payout, static floors, from $40; a Hong Kong firm with a qualifying-day rule and a cap on the first two payouts.
• HyperPNL: USDC sent on-chain one request a day, from $42; a Cayman Islands firm that sells only $5,000 to $25,000 accounts.

PropRubric’s ranking of the best crypto prop firms scores every firm on the same five criteria, set out in how PropRubric verifies crypto prop firm rules, and the cards above are where SizeProp’s two weak attributes are absent.