Spot · No leverage

No-leverage prop firm: funded spot trading without futures

What a no-leverage crypto prop firm is, why it removes liquidation-by-leverage risk, and how MOJA Funded funds spot traders up to $200K with drawdown rules only — no margin, no futures.

Updated 2026-10-08 · ~9 min read

Why traders search for a no-leverage prop firm

After liquidations or failed futures challenges, many traders search “no leverage prop firm”: they want firm capital without leverage math.

A spot prop firm answers that. You evaluate and trade by buying/selling spot crypto under drawdown rules — not opening 10x perps just to pass an evaluation that does not match your edge.

MOJA Funded was built for that gap: crypto funding for spot traders, not a futures prop rebrand.

How no-leverage funding works

Buy a challenge, trade spot on the MOJA terminal, respect daily and max drawdown, then move to a funded account with a profit split. Capital is the firm’s; you keep up to 90% of profits depending on plan.

No leverage does not mean “no rules”. Daily limits (e.g. 5% or 4%) and max limits (10% or 7%) still apply on 2-step or 1-step formats.

  • Spot pairs only
  • No futures / margin / perpetual funding rates
  • Published daily and max drawdown
  • USDT payouts every 14 days after KYC

Benefits vs leveraged props

Fewer surprise failure modes: no liquidation wick. Calmer psychology for swing traders. Evaluation aligned with how you trade on your usual exchange.

Trade-off: you do not “speed up” profit with 20x. Scale comes from firm capital ($5K–$200K), not leverage.

MOJA Funded as a no-leverage prop firm

100% spot product. Own web and app terminal. Clear rules before you pay. Splits up to 90%. USDT payouts. Multilingual support.

If your query is literally “prop firm without leverage” or “no leverage crypto prop firm”, this is the correct positioning — not a futures challenge with “optional” leverage.

Start without leverage, with clear rules

A no-leverage prop firm does not erase risk — it makes risk readable. If spot is your edge, choose a firm that funds spot.

Review MOJA Funded pricing and pick 1-step or 2-step for your style.

FAQ: no-leverage prop firm

What is a no-leverage prop firm?

A firm that funds traders in spot markets (buy/sell the asset) without requiring futures or leveraged margin. Risk is managed with position size and drawdown limits — not exchange liquidations.

Is MOJA Funded no-leverage?

Yes. Challenge and funded accounts are spot only. No futures requirement and no hidden leverage.

Does no leverage mean no risk?

No. Poor sizing or breaking daily/max drawdown still fails the account. The difference is you are not liquidated by a 20x wick engine.

Can I swing trade without leverage?

Yes. Spot without leverage fits swing and position trading over hours to weeks — the typical MOJA Funded profile.

Do crypto prop firms use leverage?

Many futures props do. If you specifically want a no-leverage prop firm, filter for spot-only programs like MOJA Funded.

Trade funded — without leverage

MOJA Funded is a spot-only crypto prop firm: challenge and funded account with no leverage, no futures, and USDT payouts.