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Reviewed firms

Prop firm reviews and grades

Each review gives one firm one letter, graded from the evidence in its own binding documents: the terms, rules and contracts a trader agrees to.

A letter stays Preliminary until our purchase-to-payout desk test on that firm is complete, and the status is printed beside every grade below. Commissions never change a grade. How a grade is built is set out in our methodology, and what each letter means is on the grading scale.

25 reviewed firms Updated

Every review compared

Every published prop firm review, ordered by grade and then by name
Firm Grade Markets From Payouts Platforms Discount code Checked
Take Profit Trader PFG grade A (Preliminary) Futures $150/mo $25K account On demand TradingView, NinjaTrader, Tradovate +11 more NOFEE40 40% off
Verdict: Take Profit Trader sells one futures product on a monthly subscription, and the rule that decides the account changes the moment you get funded.
Blue Guardian PFG grade B+ (Preliminary) Forex · Futures $14.67 $5K account On demand Deepcharts, Match-Trader, MetaTrader 5 +4 more EXPRESS 50% off
Verdict: Blue Guardian sells CFD and futures under one name, and on the futures side the cheaper price is the one that adds a daily loss limit.
Ment Funding PFG grade B+ (Preliminary) Forex · Futures · Stocks $220 $5K account Not stated DXtrade, Match-Trader, cTrader +4 more RETURNSDAY 16% off
Verdict: Ment Funding sells permissive rules, and you cannot tell which of five companies you are buying from.
Apex Trader Funding PFG grade B (Preliminary) Futures $167 $25K account Not stated Tradovate, WealthCharts, NinjaTrader +12 more SAVENOW 90% off
Verdict: Apex combines two loss-floor designs with two fee paths, which makes four futures evaluation lines.
City Traders Imperium PFG grade B (Preliminary) Forex $29 $2.5K account Not stated MetaTrader 5, Match-Trader No live code
Verdict: City Traders Imperium sells four programs on two price ladders that do not line up, and its conduct rules reach further than its loss limits do.
Orion Funded PFG grade B (Preliminary) Forex $49 $5K account Every 14 days MetaTrader 5, Match-Trader NEW50 50% off
Verdict: Orion Funded's terms name a Dubai company, and the company behind the funded contract goes unnamed.
Purdia Capital PFG grade B (Preliminary) Futures $179/mo $50K account On demand Tradovate, NinjaTrader, TradingView SEPT60 60% off
Verdict: Purdia Capital runs a small futures catalog with a 90% split and a one-time payout qualification, and two of its five products are billed monthly at a rate the checkout does not disclose.
Breakout PFG grade B- (Preliminary) Crypto $20 $5K account On demand Breakout Terminal, DXtrade No live code
Verdict: Breakout is a crypto-native prop firm running three one-step evaluations with static drawdowns, a short rule list and on-demand USDC payouts.
Elite Trader Funding PFG grade C+ (Preliminary) Futures $57 $10K account Not stated Tradovate, NinjaTrader, TradingView +10 more No live code
Verdict: Elite Trader Funding sells six futures plans, four of them subscriptions, and the plan you pick decides how your loss limit behaves.
For Traders PFG grade C+ (Preliminary) Forex · Crypto · Futures $29 $25K account On demand MetaTrader 5, cTrader, TradeLocker +1 more NEW20 20% off
Verdict: For Traders sells twelve products across three markets, and the rules that decide what a funded trader keeps are not published before you buy.
FTMO PFG grade C+ (Preliminary) Forex €79 €10K account On demand MetaTrader 5, MetaTrader 4, TradingView +1 more No live code
Verdict: FTMO sells a 1-Step and a 2-Step forex and CFD evaluation on simulated capital, with no time limit on either and published parameters for almost every rule a buyer would ask about.
Goat Funded Trader PFG grade C+ (Preliminary) Forex $17 $5K account On demand MetaTrader 5, cTrader, TradeLocker +1 more GFT45 45% off
Verdict: Goat Funded Trader is cheap to enter across six lines, and the ceiling on each payout method is what decides how much of a large profit you can take.
My Funded Futures PFG grade C+ (Preliminary) Futures $105 $25K account On demand NinjaTrader, Tradovate, TradingView +5 more CLUB 40% off
Verdict: My Funded Futures pays daily on its Rapid plans, and holds the trading rules in an agreement that is not among the documents you accept at checkout.
Topstep PFG grade C+ (Preliminary) Futures $49/mo $50K account On demand TopstepX, Quantower No live code
Verdict: Topstep is a Chicago-based, futures-only prop firm. Its Trading Combine runs on a recurring monthly subscription, with an end-of-day trailing drawdown and no published time limit.
FundedElite PFG grade C (Preliminary) Forex $39 $5K account Every 7 days MetaTrader 5, Match-Trader No live code
Verdict: FundedElite sells eight products off one configurable checkout, and its Terms name an Italian company and a single Italian court.
FundingPips PFG grade C (Preliminary) Forex $33 $5K account Every 1 week MetaTrader 5, cTrader, Match-Trader HELLO 20% off
Verdict: FundingPips lets you trade payout speed against profit share, and its terms make the Prime transition mandatory once the firm offers it.
HyroTrader PFG grade C (Preliminary) Crypto $59 $5K account On demand Bybit, Tealstreet, Cleo No live code
Verdict: HyroTrader sells One Step and Two Step crypto futures challenges on Bybit, Tealstreet and Cleo, and hands back the price with your first payout.
Lark Funding PFG grade C (Preliminary) Forex $105 $10K account Not stated DXtrade, cTrader, Match-Trader No live code
Verdict: Lark Funding sells simulated CFD evaluations, and on its 1-Step it pays consistent traders a monthly base reward of 0.5% of the account.
Maven Trading PFG grade C (Preliminary) Forex $13 $2K account On demand MetaTrader 5, Match-Trader OMO 40% off
Verdict: Maven Trading's cheapest route is also its tightest, and the money you save at checkout is loss room you do not get.
ThinkCapital PFG grade C (Preliminary) Forex $39 $5K account Not stated ThinkTrader, TradingView No live code
Verdict: ThinkCapital sells five programs that differ mainly in how they measure your losses, and the measurement, not the price, is what a buyer should choose on.
Top One Trader PFG grade C (Preliminary) Forex · Crypto $7 $100K account Not stated MetaTrader 5, Match-Trader, TradeLocker SEPT 70% off
Verdict: Top One Trader's entry price buys a narrower product than the one most buyers think they are comparing, because three of the things a trader assumes are included are sold separately.
Tradeify PFG grade C (Preliminary) Futures $99 $25K account On demand NinjaTrader, Quantower, R | Trader +5 more SEP 40% off
Verdict: Tradeify sells futures prop accounts from $99: two one-step evaluations and an instant account, each with an end-of-day trailing drawdown and a 90% split, for traders who want to choose their rules plan by plan.
AquaFunded PFG grade C- (Preliminary) Forex · Futures $20 $5K account On demand MetaTrader 5, cTrader, TradeLocker +5 more WELCOME 30% off
Verdict: AquaFunded's advertised price is not the price its checkout charges, and on this firm the gap is the first thing a shopper needs to know.
Crypto Fund Trader PFG grade D (Preliminary) Crypto $40 $5K account Every 15 days Match-Trader, MetaTrader 5, Bybit No live code
Verdict: Crypto Fund Trader's checkout sells four programs but its storefront shows three, and the one it leaves off, Break, works differently from the other three.
Instant Funding PFG grade D (Preliminary) Forex $44 $625 account On demand MetaTrader 5, cTrader, Match-Trader IF30 30% off
Verdict: Instant Funding sells forex evaluations under a contract with a London company, and its most consequential clauses are not about drawdown or payouts.

Futures prop firm reviews

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Crypto prop firm reviews

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