Compare Prop Firms by Fees, Rules, Payouts & Reviews

A prop trading firm (proprietary trading firm) provides traders with access to company capital instead of requiring them to trade their own funds. Traders typically pay a challenge or evaluation fee to prove their skills. In most cases, the evaluation and even the initial funded stage are conducted on simulated (demo) accounts that replicate real market conditions. If traders meet predefined performance and risk criteria, they become eligible to receive profit payouts based on the firm's model and profit-sharing structure.

Most prop firms operate through a structured evaluation model: Challenge Phase – The trader must reach a profit target while respecting risk limits (e.g., maximum drawdown, daily loss limits). Funded Stage – Once approved, the trader receives access to a funded account (often in a simulated environment) and earns a profit split based on performance. Each firm has its own evaluation process, rules, scaling plans, and payout structure.

We update all challenge fees, discounts, special deals, and promo codes daily to ensure the information displayed is accurate and up to date. Our goal is to provide transparent pricing data so traders can compare firms with confidence.

Yes. We provide verified promo codes and exclusive offers whenever available. You can use the promo code: BETZ All active discounts and promotional offers are clearly listed on each firm's profile page.

Trading rules define the risk management and performance parameters that traders must follow during both the evaluation and funded stages. These commonly include: • Maximum daily drawdown • Maximum overall loss • Profit targets • Minimum trading days • Restrictions on news trading, EAs, copy trading, or weekend holding Each prop firm sets its own trading rules. The exact and most up-to-date rules can always be found on each firm's profile page.