Compare Prop Firm Rules Before You Buy a Challenge
Independent prop firm intelligence. Compare verified trailing drawdowns, daily loss limits, news restrictions, consistency rules, and payout policies across 24 leading proprietary trading firms.
306
rules verified
24
firms indexed
2026-09-08
last verified
Goat Funded Trader — $100K · 2-Step Standard · 4% daily · 8% max
Every rule they make you find. We bring it together.
We read public firm pages, connect the evidence, uncover easy-to-miss conditions, explain the rules in plain English, and show exactly how they affect your account.
Every hidden rule that affects payouts. Browse by risk.
Pick a category. See what we flag. Rules you set sober, enforced the moment they’re breached.
Hidden conditions detected — read before you buy
These are enforceable rules found outside pricing pages — buried in FAQs or terms. Traders only discover them at payout review.
30-Day Inactivity Account Lockout
If you take a holiday or pause trading for 30 days without placing at least one micro-lot trade, your challenge or funded account will be permanently shut down.
Funded Trading Days Requirement (4 Active Days)
Even if you make $10,000 profit on day 1 of your funded account, you cannot withdraw until you have traded on 3 additional separate calendar days.
Coordinated & Group Copy Trading Prohibition
If you use a popular signal group or commercial bot that opens identical lots at the same second as 50 other traders, GFT risk servers detect it as synchronized fraud and will deny your payout.
Firm directory
Compare verified rules, not marketing. Every claim has a source.
The standard two-step evaluation model in the prop trading industry.
The #1 institutional futures funding platform with 100% of first $10K payout kept by trader.
Veteran prop fund with scaling up to $4M, instant funding, and hyper-growth programs.
Low-cost competitive 2-step evaluation with 5-day payout cycle.
Stellar CFD challenges (1-Step, 2-Step, Lite, Instant) plus Futures (Flex, Legacy, Rapid) with EOD-trailing futures drawdown and up to 95% reward share.
High volume futures trading with up to 20 funded accounts and 100% of first $25k.
Day 1 payouts on Pro accounts with zero buffer withholding on futures contracts.
Premium 1-Phase SimFi™ challenges with daily drawdown, dynamic/static/EOD guardrails, and daily payouts on Pro.
UK FCA-linked prop with ACG Markets — 6 programs (Pro, Swing, One, Three, Direct), max 400K allocation, 80/90% split, on-demand or bi-weekly payouts.
Demo prop trading minus the nonsense — 1-Step, 3-Step & Instant Master with static drawdown, $10K gain limit and Smart Restart.
Multi-model prop firm with balance-based daily drawdown, up to 100% profit split, and instant scaling.
UK prop with 1-Step Express (10% relative 6%), 2-Step Classic (7% static 8%) and Instant (no eval, 6% trailing) — overnight/weekend allowed, 30-day activity only.
CFD Nano + Futures Reserve/Express/Direct — CFD 4% daily higher-of at 5pm EST & trailing 6%, Futures EOD trailing with buffer caps, instant on-demand, 24h payout guarantee +10% if late.
No-consistency evaluation with weekly/bi-weekly & 24h guaranteed payouts, 15% evaluation profit reward and unlimited scaling.
CFD + AquaFutures: Forex 1-Step/2-Step/3-Step, Instant & Pay-After-Pass (90–100% split) plus Futures Beginner/Standard/Flex/Instant (100% weekly/on-demand, EOD drawdown).
8% Phase 1 and 5% Phase 2 targets with 5% daily loss and 10% static max loss
Broker-backed CFD prop firm with 1-Step, 2-Step, Instant & Instant Pro. Phoenix scaling to $2M, MT5 + Match-Trader, 88% profit split.
8% Phase 1 and 5% Phase 2 targets with 5% daily loss and 10% static max loss
8% Phase 1 and 4% Phase 2 targets with 5% daily loss and 10% static max loss
8% Phase 1 and 5% Phase 2 targets with 5% daily loss and 10% static max loss
8% Phase 1 and 5% Phase 2 targets with 5% daily loss, 10% static drawdown, and Free Retry token
8% Phase 1 and 5% Phase 2 targets with 5% daily loss and 10% static max loss
Broker-backed MT5 CFD prop: 1-Step Standard/Plus, 2-Step Standard/Plus, Instant & $5 Nova — drawdown locks/resets, 14-day or on-demand payouts, 24/7 gold (XAUUSD247).
Instant funding with daily rewards; 1-Step, 2-Step and Bolt instant routes from $5K to $100K.
Rule guides — plain English
Master the math behind drawdowns, consistency rules, news buffers and inactivity limits — with formulas and real dollar examples.
Try the risk simulator
Test a $100k account against real drawdown floors — see exactly when daily or max loss would trigger.
Account size
Live calculations
Daily floor
$96,000
Buffer $4,000
Max floor
$92,000
Buffer $8,000
Account is currently SAFE. You have $4,000 (4%) of buffer remaining above your nearest loss floor.
The Complete Prop Firm Evaluation Guide
Proprietary trading firms evaluate traders using strict risk limits and contractual boundaries. Whether taking a 1-step, 2-step, or instant evaluation challenge, mastering these core prop firm trading rules protects your challenge fees from unexpected breaches.
Daily Drawdown Rules
Caps your single-day loss at 3%–5%. In balance-based models, the threshold locks at 00:00 server time. In equity-based models, floating open profits pull the daily floor up intraday, making pullbacks an instant breach.
Maximum Trailing Drawdown
Measures maximum loss from high-water mark equity. Unlike static drawdowns that lock at nominal balance, trailing drawdowns trail behind unrealized profit peaks until the floor reaches the starting nominal balance.
News Trading Buffers
Red-folder economic events (CPI, NFP, FOMC) carry high slippage. Many firms strictly prohibit order execution or position closing 2 minutes before and after scheduled releases on funded tiers.
Consistency Rules
Enforces regular sizing and prevents 'one-trade passes'. Common consistency rules mandate that no single trading day or single trade can account for more than 15% to 50% of your total evaluation profit target.
Prohibited Strategies
Prop firms ban toxic execution behaviors including high-frequency latency arbitrage, toxic grid/martingale averaging down, account sharing, VPN/IP cluster copying, and exploiting delayed broker quotes.
Payout Gates & Buffer
Withdrawing profit splits requires meeting active trading day counts (typically 4–5 days), maintaining account buffer floors, completing KYC identity verification, and passing compliance audits.
Frequently Asked Questions About Prop Firm Rules
Everything you need to know about passing proprietary trading challenges and maintaining funded accounts.
Prop firm rules are the operational risk guidelines, profit objectives, and contractual trading restrictions set by proprietary trading firms that traders must follow to pass evaluations and keep funded accounts. Core prop firm rules include daily loss limits, maximum drawdown thresholds, news trading restrictions, consistency rules, and payout criteria.
Built for clarity, not hype.
Rankings based on documented rules and data. See our affiliate disclosure. Every rule shows its source, every drawdown shows its math, every trader claim stays separate from official terms.