Prop Firm Rules

Complete rules for every major prop firm. Drawdown types, daily loss limits, profit targets, fees, and what they mean for your trading. Updated March 2026.

FTMO
forexindicescommoditiesstockscrypto
The most established prop firm globally. Forex and CFD focused. Static drawdown, strict but fair rules. 2-step evaluation with no time limit.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

80-90%

Starting from:

€155

TopStep
futures
The OG futures prop firm. Monthly subscription model (not one-time fee). EOD trailing drawdown. Must flatten before market close.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

90-90%

Starting from:

$49

Apex Trader Funding
futures
Popular for frequent sales (80-90% off). No daily loss limit in evaluation. Uses intraday trailing drawdown (strictest type). Futures only.
Drawdown:

Trailing Intraday

Evaluation:

1-step

Profit Split:

100-90%

Starting from:

$147

The5%ers
forexindicescommodities
Forex-focused with scaling up to $4M. Static drawdown, relaxed rules, news trading allowed. Profit split scales from 50% to 100%.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

50-100%

Starting from:

$95

FundedNext
forexindicescommoditiescrypto
Growing fast. Static drawdown, news trading allowed, up to 95% profit split. Multiple account sizes starting from $6K. 24-hour payouts.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

80-95%

Starting from:

$59

My Funded Futures
futures
Well-regarded futures prop firm with EOD trailing drawdown. Competitive pricing, no minimum trading days, and supports TradingView.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$150

Bulenox
futures
Budget-friendly futures prop firm with frequent promotions. EOD trailing drawdown. Popular with beginning futures traders due to low entry cost.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$125

Tradeify
futures
Newer futures prop firm with straightforward rules. EOD trailing drawdown, no minimum trading days, and TradingView support.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$150

Earn2Trade
futures
Established futures prop firm offering the Gauntlet Mini evaluation. Partners with real brokers for funded accounts. Educational resources included.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$150

Leeloo Trading
futures
One of the original futures prop firms. Known for aggressive promotional pricing and a straightforward 1-step evaluation with EOD trailing drawdown.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$125

Blue Guardian
forexindicescommoditiescrypto
Forex/CFD prop firm with static drawdown and relaxed rules. News trading, overnight, and weekend holding all allowed. 85% profit split from day one.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

85-85%

Starting from:

$99

Phidias PropFirm
forexindicescommodities
Forex/CFD prop firm with a 1-step evaluation and static drawdown. Supports cTrader. Competitive fees and straightforward rules.
Drawdown:

Static

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$89

Take Profit Trader
futures
Futures prop firm focused on fast payouts and transparent rules. EOD trailing drawdown. No minimum trading days and no consistency rule.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$150

DNA Funded
forexindicescommodities
Smaller forex prop firm with standard 2-step evaluation. Static drawdown with relaxed rules. Low minimum trading days.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

80-90%

Starting from:

$88

BrightFunded
forexindicescommoditiescrypto
EU-based forex prop firm with a standard 2-step evaluation. Static drawdown, crypto included, and competitive pricing.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

80-90%

Starting from:

$79

For Traders
forexindicescommodities
Budget forex prop firm with accounts starting from $5K. Standard 2-step evaluation with static drawdown. Good for beginners testing the waters.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

75-90%

Starting from:

$49

Maven Trading
forexindicescommodities
Forex prop firm with standard FTMO-style rules. Static drawdown, low minimum trading days. Smaller account selection.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

80-80%

Starting from:

$179

Goat Funded Trader
forexindicescommoditiescrypto
Forex prop firm offering both 1-step and 2-step evaluations. Low entry fees, crypto trading included, and profit split scales to 95%.
Drawdown:

Static

Evaluation:

1-step / 2-step

Profit Split:

75-95%

Starting from:

$68

FunderPro
forexindicescommoditiescrypto
1-step forex prop firm with cTrader support and static drawdown. Offers accounts up to $200K. Standard FTMO-style rules in a simplified package.
Drawdown:

Static

Evaluation:

1-step

Profit Split:

80-90%

Starting from:

$159

SurgeTrader
forexindicescommoditiescrypto
CLOSED (May 2024). SurgeTrader was a 1-step forex prop firm that shut down abruptly. Included here for historical reference and trust/comparison content.
Drawdown:

Static

Evaluation:

1-step

Profit Split:

75-90%

Starting from:

$200

Not sure which firm is right for you?

Trust Profiles

Independent trust audits for every firm listed above.

FTMO Trust ScoreTopStep Trust ScoreApex Trader Funding Trust ScoreThe5%ers Trust ScoreFundedNext Trust ScoreAll Trust Rankings

Head-to-Head Comparisons

Side-by-side rule comparisons for the most popular matchups.

FTMO vs TopStepApex vs TopStepFTMO vs The5%ersFTMO vs FundedNextApex vs FundedNext

How-to-Pass Guides

Math-backed guides for the most popular account sizes.

Pass FTMOPass TopStepPass Apex Trader FundingPass The5%ersPass FundedNext