This page sets out each firm’s rules in its own published wording, one section per firm. Jump straight to a firm below; the 22 firms are listed alphabetically.
AquaFunded · Atmos Funded · Audacity Capital · Blue Guardian · City Traders Imperium · E8 Markets · Finotive Funding · For Traders · FTMO · FundedElite · FundedNext · FundingPips · FXIFY · Goat Funded Trader · Instant Funding · Lark Funding · Maven Trading · Ment Funding · Orion Funded · The Trading Pit · The5ers · ThinkCapital
A note on these rules: where a firm also sells futures or other accounts, those products’ rules currently appear here too, so check which product each rule covers before you rely on it.
743 rules on record from 15 of the 15 forex firms we grade, in each firm's own published wording. Where a firm's terms are silent we say so rather than infer.
Rules that matter at Blue Guardian
Copy trading is allowed only between accounts the trader legally owns. Sharing a device or a VPS with another trader's account can mean a refused payout, removed profits, a suspension or a closed account.
No activation fee on futures accounts.
Expert advisors are allowed. The conduct rules still ban high-frequency and arbitrage bots, trade emulators and tick scalping, and the firm does not say whether a bought or borrowed advisor counts as the trader's own.
15% consistency: no single day may reach 15% of total profit. Going over is not a breach; the payout request stays unavailable until the best day falls below 15%.
Consistency 20% for the first payout, 25% for the second, 30% after.
40% consistency in the challenge (3 Day Pass); 50% with the 2 Day Pass.
No consistency rule once funded.
40% consistency in the challenge (3 Day Pass); 50% with the 2 Day Pass.
No consistency rule once funded.
40% consistency rule once funded.
No consistency rule in the challenge.
Blue Guardian Futures: Reserve (No DLL): consistency rule at 50%.
Consistency rule, as the firm states it (see parameters).
The help center says the evaluation fee is refunded after the fourth payout, for accounts bought from 21 January 2026. The separate Refund Policy page says there are no refunds once login details are sent. The two conflict.
Guardian Shield closes all open trades at a 2% floating loss on funded accounts. The first time cuts the split to 50% for good; the second ends the account.
Guardian Shield closes all open trades at a 2% floating loss on funded accounts. The first time cuts the split to 50% for good; the second ends the account.
Guardian Shield closes all open trades at a 1% floating loss on funded accounts. The first time cuts the split to 50% for good; the second ends the account.
Guardian Shield closes all open trades at a 1% floating loss. The first time cuts the split to 50% for good; the second ends the account.
At least one trade every 30 days, counted from account creation, or the account is breached.
A trader may hold up to $400,000 in funded capital across all funded accounts. Making 12% in three months scales an account up by 30% of its initial balance. The same help article gives the top of the scaling ladder as $4,000,000 in one sentence and $2,000,000 in another, so the ceiling is not settled.
4% max daily loss.
4% max daily loss.
3% max daily loss (e.g. $3,000 on $100,000).
3% daily loss, a fixed 3% of the starting balance taken from the higher of balance or equity at the 5pm EST reset.
Daily loss limit $1,000 / $1,250 / $2,500 / $3,000.
Challenge daily loss limit $1,000 / $1,500 / $2,250 for 50K / 100K / 150K. None at 25K.
Funded daily loss limit $500 / $1,000 / $1,250 / $1,750.
Daily loss limit $600 / $1,200 / $1,700 / $3,000.
No daily loss limit on this option.
Daily loss limit (soft breach) $1,000 / $2,000 / $3,000 for 50K / 100K / 150K. None at 25K.
No daily loss limit at 25K.
6% trailing drawdown.
8% static drawdown, a different mechanism from 1 Step's 6% trailing drawdown, not just a different number.
6% trailing drawdown.
5% trailing maximum loss from the highest recorded balance. Once the account is 5% up it locks at the starting balance, with a fixed 1% buffer added.
EOD drawdown $1,500 / $2,000 / $3,500 / $4,500.
Challenge EOD trailing drawdown $1,000 / $2,000 / $3,000 / $4,500.
Funded EOD trailing drawdown $2,500 at 100K, $3,500 at 150K.
EOD trailing drawdown $1,000 / $2,000 / $3,000 / $4,500.
EOD trailing drawdown $1,000 / $2,000 / $3,500 / $5,000.
1:100 max leverage during the challenge.
1:50 max leverage once funded, half the evaluation-stage leverage.
1:50 max leverage, the same during evaluation and funded, unlike 1 Step's stage-dependent drop.
1:30 max leverage.
Maximum contracts by plan and size, minis or micros.
On $200,000, $300,000 and $400,000 accounts, each of the first two payouts is capped at $10,000. After two payouts the cap is removed.
One payout only, on at most $250 of profit (5% of the starting balance), and then the account is closed for good. Minimum withdrawal $100 by crypto or $500 by Rise.
Max daily payout $600 / $1,100 / $1,500 / $2,500; buffer balance $26,100 / $52,100 / $102,600 / $153,600.
Payout cap $1,000 / $2,000 / $2,500 / $3,000; eligible from $100 / $150 / $200 / $250 profit; no buffer.
Payout cap: first $1,500 / $2,500 / $3,000 / $4,000, then $2,000 / $3,000 / $3,500 / $4,500.
5 profitable days of at least 0.5% each, not necessarily in a row, before the payout.
Blue Guardian CFD: 1 Step Standard: minimum of 3 profitable days.
Blue Guardian CFD: 2 Step Standard: minimum of 3 profitable days.
News trading permitted during the challenge.
On funded accounts, trading is restricted from 5 minutes before to 5 minutes after high-impact news. Otherwise news trading is allowed.
News trading permitted during both evaluation phases.
On funded accounts, trading is restricted from 5 minutes before to 5 minutes after high-impact news. Otherwise news trading is allowed.
On funded accounts, trading is restricted from 5 minutes before to 5 minutes after high-impact news. Otherwise news trading is allowed.
News trading is allowed.
News trading allowed on all futures plans.
Positions may be held overnight and over the weekend on these CFD programs.
85% profit split by default, 90% with the add-on.
85% profit split by default, 90% with the add-on.
80% profit split by default, 90% with the add-on.
90% profit split, so a $250 payout pays the trader $225. The firm's Instant Funding Starter page gives a different example: $125 of $250.
90% split. Profit goal before the first payout $1,500 / $3,000 / $6,000 / $9,000, then $1,000 / $2,000 / $3,500 / $4,500.
9% profit target, single phase.
8% Phase 1 target, 4% Phase 2 target.
No profit target. Funded instantly, with no evaluation.
No profit target. Instant funded, with no evaluation.
No challenge and no profit target.
Profit target $1,500 / $3,000 / $6,000 / $9,000.
Profit target $1,500 / $3,000 / $6,000 / $9,000.
Profit target $1,500 / $3,000 / $6,000 / $9,000 for 25K / 50K / 100K / 150K.
Minimum holding time of 2 minutes (no tick scalping). No hedging between separate accounts, no high-frequency or arbitrage bots, no trading on a delayed price feed, no shared devices, and no changing the account password. Margin use above 80% on running trades counts as gambling and can cost a trader the payout, the profits or the account. A false identity, a payout name that does not match, several accounts opened to work a promotion, or a card chargeback all lead to a permanent blacklist. The firm says not every breach is caught automatically and that some are found during a manual review at payout.
No maximum trading days on the challenge.
No maximum trading days across both phases.
Indefinite max trading days.
No time limit.
Rules that matter at Ment Funding
EAs, hedging, scalping all permitted.
No single day may be more than 33 percent of total profit. On the static drawdown this applies in the evaluation and once funded; on the trailing drawdown only in the evaluation.
No single day may be more than 33 percent of total profit, at every size, both in the evaluation and before each payout.
No consistency rule enforced.
Profit is capped at 3 percent a day. Hitting it closes the open trades and pauses the account until the next session, without ending it.
An account must trade at least once every 30 days.
An account must trade at least once every 30 days.
Daily loss is 2 percent on the static drawdown and 3 percent on the trailing one, measured intraday against the day's high point. Breaking it ends the account.
3 percent daily loss, measured against the previous day's closing balance and reset at 5 PM EST. Breaking it ends the account.
5% daily loss limit.
6 percent maximum loss on both drawdown choices. The static one is fixed at the starting balance; the trailing one follows the closed balance until the account is 6 percent up and then locks.
6 percent maximum loss, static from the starting balance. After the first payout it locks at the starting balance.
6% static drawdown limit.
Front-month contracts only. Position size is limited by the account balance and exchange margin rather than a fixed contract count.
Ment Funding Equities Challenge: minimum of 3 profitable days.
Ment Funding Forex Challenge: the firm states no minimum trading days.
News trading is allowed on the futures accounts.
Cash session only, 09:30 to 15:55 Eastern, with no pre-market or after-hours trading. Positions can be held overnight and over the weekend, but not through announced earnings, dividends, splits or mergers, and a trade held for less than a minute forfeits its profit.
Trading runs from 17:00 to 15:55 Central, and open positions close automatically at the session close. Positions cannot be held over the weekend.
A payout needs at least three separate days that each made 0.5 percent or more, both in the evaluation and once funded.
Equities trade on GooeyPro, on S&P 100 shares only, at 2 to 1 buying power. Short selling is allowed and carries a borrow cost, and commission is 2 cents a share.
80 percent of profit to the trader, or 90 percent with a paid add-on. Payouts come every 14 days with a $100 minimum, and the first one after 14 days.
75 percent of profit to the trader, or 90 percent with a paid add-on. The first withdrawal comes once the target and consistency rule are met, then every 30 days.
Up to 90% profit split.
One evaluation phase. The target is 15 percent on the static drawdown and 10 percent on the trailing one.
One evaluation phase with a 10 percent profit target, and the consistency rule must be met before it counts as passed.
10% profit target for evaluation.
No time limit, in the evaluation or once funded.
90 calendar days from the first trade to pass. A 365-day window is a paid add-on on the $400,000 account, and there is no time limit once funded.
No time limits on evaluation.
Rules that matter at City Traders Imperium
One trader per household IP, at most two devices (one computer, one phone) used across all phases. VPNs are banned; a VPS needs approval first.
Third-party EAs are allowed on the 1-Step only; the other programs need an EA the trader owns, with source code on request. Arbitrage, HFT, tick scalping, news-spike and rollover bots are banned everywhere.
City Traders Imperium 2-Step Challenge: the firm states no consistency rule.
City Traders Imperium 2-Step Challenge: the firm states no consistency rule.
The firm states no consistency rule on this product.
The Refund Policy gives no refund after the first trade, only within 7 days on an untouched account. The help center separately refunds the 1-Step and 2-Step fee when the first 10% target is hit on the funded account. A card chargeback raised after the first trade suspends the account, and buying again means settling the disputed amount in crypto, with no card payments allowed afterward.
Hedging is banned on every program, including buy and sell on the same symbol in one account, across accounts or traders, and on correlated instruments.
At least one trade every 30 days, or the account is suspended. An account can be frozen for up to 2 months on request.
Up to 2 x $100K challenge accounts or 2 x $80K Instant/Direct accounts at once. Challenges scale to $200K per account ($400K total); Instant and Direct double at each 10% target to $2M per account ($4M total), with a 20% Consistency Score.
No daily drawdown limit.
5% of the initial balance per day, measured from the start-of-day balance. The help center says floating losses count; the program page says balance only.
No daily drawdown limit.
No daily drawdown limit.
5% trailing drawdown on balance: the floor is the highest balance reached minus 5% of the starting balance. The firm's own pages disagree on whether a withdrawal lowers the floor.
10% static drawdown from the initial balance. The program page says floating losses do not count; the help center says equity, including floating losses, is measured.
6% static drawdown from the initial balance.
6% static drawdown from the initial balance.
Leverage is 1:30 on forex, 1:10 on indices and commodities, and 1:1 on crypto, on the 1-Step, 2-Step and Instant Funding programs. The table does not name Direct Funding, and metals have no row of their own.
3 minimum profitable days.
3 minimum profitable days.
No minimum profitable days requirement.
No minimum profitable days requirement, unlike both challenge products.
News trading allowed.
News trading allowed.
News trading allowed.
News trading allowed.
Holding trades overnight and over the weekend is allowed.
80% standard, 90% at the Bronze VIP level, 100% at Silver. 100% is the top VIP rate, not the baseline. Bronze and Silver are VIP levels: Bronze needs 4 payouts at 4% profit each with no failed accounts in 4 months; Silver needs 4 months at Bronze and 4 more payouts at 3%.
80% standard, 90% at the Bronze VIP level, 100% at Silver. 100% is the top VIP rate, not the baseline. Bronze and Silver are VIP levels: Bronze needs 4 payouts at 4% profit each with no failed accounts in 4 months; Silver needs 4 months at Bronze and 4 more payouts at 3%.
70% on Level 2, 80% from Level 3 (help center), then 90% and 100% at the VIP levels. The Direct Funding page skips the 80% step.
Split rises by level: 50% on Level 1, 70% on Level 2, 80% from Level 3, then 90% and 100% at the VIP levels. The Level 1 share can only be requested after reaching 10% on Level 2.
8% profit target, single phase.
10% Phase 1 target, 5% Phase 2 target.
10% of the account balance, framed as a target to scale rather than a pass/fail evaluation target.
10% of the starting (half-size) balance, required to scale up to the full listed account size.
Grid trading and bracketing are banned on every program. Martingale is allowed only on the 1-Step, and only while the whole trade idea risks 2% or less. On every program a trader may still layer up to two positions into a loser, three in total, so long as the combined risk stays within 2% of the starting balance; a fourth is treated as martingale. Gambling-style trading, such as passing on one idea or margin at or below 150%, can lead to limits or closure. Copy trading only between the trader's own CTI accounts.
A failed account can be restarted at a discount: 15% on all four programs per the help center, 10% on Instant and Direct per their program pages.
Every trade needs a visible stop loss within 60 seconds of opening. Otherwise the trade is closed and its profit does not count toward the target; the account is not failed.
City Traders Imperium 1-Step Challenge: the firm states no time limit.
City Traders Imperium 1-Step Challenge: the firm states no time limit.
City Traders Imperium 2-Step Challenge: the firm states no time limit.
City Traders Imperium 2-Step Challenge: the firm states no time limit.
City Traders Imperium Direct Funding: the firm states no time limit.
City Traders Imperium Direct Funding: the firm states no time limit.
City Traders Imperium Instant Funding: the firm states no time limit.
City Traders Imperium Instant Funding: the firm states no time limit.
Commission is $5 a lot on forex majors and minors and on metals, $0.50 a lot on indices, $0.05 a lot on oil, and nothing on crypto. The firm does not say whether these are per side or per round turn. A swap-free account is available on MT5 on request, with proof of faith.
Rules that matter at Orion Funded
The firm states no consistency (best-day) rule on Select, Standard or Standard: Swing.
Best Day Rule on Zero and on funded Nova: the best day may be at most 20% of the cycle's profit before a reward can be requested. Not a breach.
A real 14-day consumer withdrawal right refunded within 30 days, lost at the first simulated trade, plus a full Program Fee refund on the fourth successful payout. Otherwise no refund.
No trade in 30 consecutive calendar days and the account expires; a replacement is at Orion's discretion.
5% daily loss limit.
3% daily loss limit.
5% daily loss limit, looser than the Standard sub-type's 3%.
3% daily loss limit on the funded account, despite no evaluation stage.
5% max loss limit. Static: set once from the initial balance and never moves in either direction, per the firm's help center.
6% max loss limit. Static: set once from the initial balance and never moves in either direction, per the firm's help center.
8% max loss limit, looser than the Standard sub-type's 6%. Static: set once from the initial balance and never moves, per the firm's help center.
6% max loss limit on the funded account. Orion's own term is 'Trailing Lock': the floor follows the balance up as profit accrues, then locks permanently at the funded starting balance once the first payout is approved, and never moves again.
Standard, Swing and Select need at least 4 trading days in the evaluation. Zero and Nova have no minimum, and no program has one once funded.
Funded news rules by program: Nova, Standard and Select block any trade activity 2 minutes either side of high-impact news; Swing has none; Zero pays 50% instead of 80% on trades within 5 minutes. News trading as a strategy is banned everywhere.
Overnight and weekend holds are allowed on every program; trading specifically to capture a price gap is prohibited.
80% performance split (reward), the same across all four programs and every account size shown. No scaling schedule is stated.
Nova: 4% target in one phase; daily loss 4% in the evaluation and 3% funded; max drawdown 8% evaluation and 5% funded, Trailing Lock; no minimum days; no time limit on the evaluation.
5% profit target per phase, across three phases.
6% profit target on each of the two phases.
8% profit target on phase 1, 5% on phase 2. Both are stricter than the Standard sub-type's flat 6% and 6%, paired with looser 5% daily and 8% max loss limits.
No profit target. Funded immediately on purchase, with no evaluation stage.
Orion Funded Nova: the firm states no time limit.
Orion Funded Nova: the firm states no time limit.
Orion Zero: the firm states no time limit.
No maximum trading period.
No maximum trading period.
No maximum trading period.
Rules that matter at Goat Funded Trader
A consistency rule applies before payouts. The percentage varies by model and is not stated per model.
Funded accounts can make at most $3,000 profit per trading day. Anything above is deducted, without breaching the account.
The help center says the fee is refunded with the fourth payout. Another help center article says there are no refunds and all transactions are final. The two conflict.
Goat Guard: a combined floating loss of 2% of the initial balance cuts the split to 50% the first time and breaches the account the second time. Not on Instant accounts.
No trade for 30 days in a row breaches the account.
One trader may hold at most $400,000 of simulated capital across all accounts.
Evaluation daily drawdown.
Funded daily drawdown, which also moves with the scaling ladder where there is one.
Evaluation daily drawdown.
Funded daily drawdown, which also moves with the scaling ladder where there is one.
Evaluation daily drawdown.
Funded daily drawdown, which also moves with the scaling ladder where there is one.
Funded daily drawdown, which also moves with the scaling ladder where there is one.
Funded daily drawdown, which also moves with the scaling ladder where there is one.
Funded daily drawdown, which also moves with the scaling ladder where there is one.
Evaluation max drawdown, static.
Funded max drawdown. It varies across the scaling ladder rather than holding at one figure, and not monotonically.
Evaluation max drawdown, static.
Funded max drawdown. It varies across the scaling ladder rather than holding at one figure, and not monotonically.
Evaluation max drawdown, static.
Funded max drawdown. It varies across the scaling ladder rather than holding at one figure, and not monotonically.
Funded max drawdown. The firm states a global drawdown threshold of 0.96, unique to this line among its six products.
Funded max drawdown.
Funded max drawdown.
During the test, leverage is 1:100 on forex, 1:20 on indices and commodities, 1:5 on stocks and 1:2 on crypto. The same ceiling applies in every phase.
Funded accounts trade at 1:50 on forex, 1:10 on indices and commodities, 1:5 on stocks and 1:2 on crypto. The firm says it can raise leverage back to the test levels depending on a trader's risk management.
The first two payouts are capped at 6% of the initial account balance or $10,000, whichever is lower. On $5,000 Two-Step accounts the cap is 4% instead, and that exception applies only to accounts purchased from 25 July 2026 onward. Every payout carries a 3% processing fee.
On the funded account, 3 trading days before each payout (4 for accounts bought from 27 July 2026). A day counts only with at least 0.5% profit on the initial balance, and the count resets after each payout.
On the funded account, 3 trading days before each payout (4 for accounts bought from 25 July 2026). A day counts only with at least 0.5% profit on the initial balance, and the count resets after each payout.
On the funded account, 3 trading days before each payout (4 for accounts bought from 25 July 2026). A day counts only with at least 0.5% profit on the initial balance, and the count resets after each payout.
6 trading days before each payout, each with at least 0.5% profit on the initial balance.
5 trading days before each payout, each with at least 0.5% profit on the initial balance.
Goat Funded Trader 1 STEP: minimum of 3 profitable days.
Goat Funded Trader 2 STEPS GOAT: minimum of 3 profitable days.
Goat Funded Trader 2 STEPS STANDARD: minimum of 3 profitable days.
News trading is allowed, but trades opened or closed within 5 minutes of high-impact news can make at most 1% of the initial balance. The rest is removed.
Four platforms are on sale, and two of them are closed to US clients: MetaTrader 5 and cTrader. A US trader keeps two of four: TradeLocker and Match-Trader. The help centre still names Volumetrica as open to US traders, but the checkout no longer sells it. One platform change is permitted and only before any trade is placed.
Evaluation profit targets by phase, as a percentage of account size.
Evaluation profit targets by phase, as a percentage of account size.
Evaluation profit targets by phase, as a percentage of account size.
No profit target: the account is funded immediately.
Hedging is banned, even within one account. Martingale, third-party EAs and signal or copy trading are banned (copying between funded accounts is allowed). On funded accounts, profit from trades held under 2 minutes and from weekend-gap trades is removed. Margin use above 80% counts as gambling. VPS use is banned on most models for accounts bought from 12 August 2026. The firm may also cap the risk on any one trade idea at 1 percent of the starting balance, and ignoring that cap after being told is an immediate breach.
Resets are priced against the original fee: 7% cheaper for the first phase, 50% to 100% more for later phases and funded. Buy within 14 days of the breach, once per phase.
No time limit. The firm sets no maximum trading period.
No time limit. The firm sets no maximum trading period.
No time limit. The firm sets no maximum trading period.
Commission is $5 a lot on forex pairs and metals, and nothing on crypto, indices, commodities or stocks, on MetaTrader 5, Match-Trader and TradeLocker. Spreads are raw on every asset. The firm does not publish a commission for cTrader.
Rules that matter at For Traders
Best day's profit must not exceed 40% of total profit.
Best day's profit must not exceed 35% of total profit.
Best day's profit must not exceed 40% of total profit.
For Traders Fast: the firm states no consistency rule.
For Traders Instant PRO: the firm states no consistency rule.
Best day's profit must not exceed 15% of total profit.
Best day's profit must not exceed 15% of total profit.
Best day's profit must not exceed 15% of total profit.
Best day's profit must not exceed 20% of total profit.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Drawdown Protection closes open positions automatically at a 2% floating loss of the starting balance.
Close at least one trade every 30 days.
Close at least one trade every 30 days.
Close at least one trade every 30 days.
Close at least one trade every 7 days. On the Master account the window is 14 days.
Close at least one trade every 30 days.
Close at least one trade every 7 days. On the Master account the window is 14 days.
Close at least one trade every 30 days.
Close at least one trade every 7 days.
Close at least one trade every 7 days.
Close at least one trade every 7 days. On the Master account the window is 14 days.
Close at least one trade every 7 days.
Close at least one trade every 30 days.
Daily drawdown 4%, the same figure in the evaluation and on the Master account.
Daily drawdown 3%, the same figure in the evaluation and on the Master account.
Daily drawdown 3%, the same figure in the evaluation and on the Master account.
No daily drawdown at all on this product. The only loss limit is the maximum drawdown.
No daily drawdown at all on this product. The only loss limit is the maximum drawdown.
Daily drawdown $1,000, the same figure in the evaluation and on the Master account.
Daily drawdown 3%, the same figure in the evaluation and on the Master account.
Daily drawdown 3%, the same figure in the evaluation and on the Master account.
Daily drawdown 3%, the same figure in the evaluation and on the Master account.
Daily drawdown $750 – $3,000, the same figure in the evaluation and on the Master account.
No daily drawdown at all on this product. The only loss limit is the maximum drawdown.
Daily drawdown 3%, the same figure in the evaluation and on the Master account.
Maximum drawdown 8%, static, identical in the evaluation and on the Master account.
Maximum drawdown 6%, trailing, identical in the evaluation and on the Master account.
Maximum drawdown 6%, trailing, identical in the evaluation and on the Master account.
Maximum drawdown $1,000 – $2,500, end of day trailing, identical in the evaluation and on the Master account.
Maximum drawdown 4%, end of day trailing, identical in the evaluation and on the Master account.
Maximum drawdown $2,000, end of day trailing, identical in the evaluation and on the Master account.
Maximum drawdown 6%, static, identical in the evaluation and on the Master account.
Maximum drawdown 5%, trailing, identical in the evaluation and on the Master account.
Maximum drawdown 5%, trailing, identical in the evaluation and on the Master account.
Maximum drawdown $1,250 – $5,000, end of day trailing, identical in the evaluation and on the Master account.
Maximum drawdown 6%, trailing, identical in the evaluation and on the Master account.
Maximum drawdown 6%, trailing, identical in the evaluation and on the Master account.
3 minimum profitable days, required in the evaluation and again for each reward.
6 minimum profitable days, required in the evaluation and again for each reward.
3 minimum profitable days, required in the evaluation and again for each reward.
5 minimum profitable days, required in the evaluation and again for each reward.
4 minimum profitable days, required in the evaluation and again for each reward.
3 minimum profitable days, required in the evaluation and again for each reward.
For Traders Pay After Pass: the firm states no minimum trading days.
7 minimum profitable days, required in the evaluation and again for each reward.
7 minimum profitable days, required in the evaluation and again for each reward.
7 minimum profitable days, required in the evaluation and again for each reward.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading and position holding allowed throughout.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading and position holding allowed throughout.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading and position holding allowed throughout.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
News trading allowed in the evaluation. On the Master account no new trade may be opened within 5 minutes either side of a high-impact release; existing positions may be held through it.
80% profit split, rewards 14 days. Minimum withdrawable profit $100.
80% profit split, rewards 14 days. Minimum withdrawable profit $100.
80% profit split, rewards 14 days. Minimum withdrawable profit $100.
80% profit split, rewards on demand. Minimum withdrawable profit $100.
90% profit split, rewards on demand. Minimum withdrawable profit $100.
80% profit split, rewards on demand. Minimum withdrawable profit $250.
80% profit split, rewards 14 days. Minimum withdrawable profit $100.
70% profit split, rewards 14 days. Minimum withdrawable profit $100.
70% profit split, rewards 14 days. Minimum withdrawable profit $100.
80% profit split, rewards on demand. Minimum withdrawable profit $100.
60% profit split, rewards 14 days. Minimum withdrawable profit $90 – $750.
80% profit split, rewards on demand. Minimum withdrawable profit $100.
Profit target 8% in phase 1, then 5% in phase 2.
Profit target 10%.
Profit target 9%.
Profit target $1,500 – $5,000. The firm publishes this as a range across account sizes, not per size.
Profit target 6%.
Profit target $3,000.
Profit target 10%.
Profit target 2%.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
No time limit, in the evaluation or on the Master account.
Rules that matter at FTMO
EAs are allowed, within server limits of 200 open orders and 2,000 positions a day.
Best Day Rule: the best day must be 50% or less of total positive days' profit, in the 1-Step Challenge and on the 1-Step FTMO Account for rewards. Going over is not a breach; the trader keeps trading until it is back under.
FTMO 2-Step Challenge: the firm states no consistency rule.
FTMO 2-Step Challenge: the firm states no consistency rule.
The 1-Step entry fee is not refunded. The 2-Step fee may be refunded with the first reward withdrawal; this one is not.
The 2-Step entry fee may be refunded with the first reward withdrawal, to the original payment method. (The 1-Step fee is not refunded.)
VPN and VPS are allowed, but do not log in to MetaTrader or cTrader from the United States or set a US location.
$400,000 per trader or strategy across 1-Step and 2-Step before scaling. Scaling adds 25% every 4 months (10% net profit, 2 rewards, positive balance) up to $2,000,000.
3%, not the 5% the 2-Step line carries. The single phase comes with a tighter daily limit.
5% of the initial balance, in every phase and once funded.
10% end-of-day trailing loss: the floor is the highest midnight (CE(S)T) balance minus 10% of the starting capital, and only moves up. Breach is measured on equity. It resets to 90% of starting capital when a reward is withdrawn.
10% of the initial balance, static: it does not trail.
There is no minimum number of trading days. Because no single day may be worth more than half of total profit, the fastest possible pass is 2 trading days. After you pass, FTMO typically takes 1 to 4 business days to review the account.
4 trading days in the Challenge and 4 more in the Verification, 8 in total. FTMO then reviews the account, typically in 1 to 2 business days after the Challenge and 1 to 4 after the Verification.
No news restriction during the Challenge or Verification.
On a Standard FTMO Account, no trade may open or close on targeted instruments from 2 minutes before to 2 minutes after selected news, including stop loss and take profit fills. Holding earlier positions is fine. Swing accounts have no news restriction.
Holding overnight is allowed. In the evaluation weekends are fine too; on a Standard FTMO Account positions must be closed before the weekend or any market break over 2 hours. Swing accounts (2-Step only, chosen at purchase) have no such rule.
Paying for a challenge by PayPal, Skrill or crypto adds a 3% fee. Cards, Apple Pay, Google Pay and Revolut Pay are free. Bank transfer fees vary. A separate FAQ says the firm charges no additional or hidden fees, so the 3% is disclosed rather than hidden.
Reward share and how it scales.
Reward share and how it scales.
A single phase at 10%.
Two phases: 10% in the Challenge, 5% in Verification. No target once funded.
No stop loss is required.
No time limit.
No time limit on the evaluation.
Rules that matter at Top One Trader
Activation fee due after passing Step 1, on top of the $7 entry price: $165 at $25K, $275 at $50K, $550 at $100K, $880 at $200K and $1,210 at $300K. The $300K figure is disputed between two of the firm's own surfaces.
EAs are allowed on the crypto 1-Step challenge, per the help centre. The Terms ban commercially available EAs on every program, so the two disagree.
No EAs once funded: funded crypto 1-Step and crypto Instant must be traded manually.
No consistency rule on 1-Step FLASH. The configurator displays this as a rule row rather than omitting it.
No consistency rule on 2-Step Plus.
No consistency rule, per the firm's own configurator.
No consistency rule on the crypto 1-Step, challenge or funded.
25% consistency on crypto Instant: the best day may not exceed 25% of the cycle's total profit before a payout. A payout gate, not a breach; it resets after each payout.
15% consistency requirement, the tightest on this firm's catalogue.
20% Equity Stability Score once funded.
20% Equity Stability Score. The firm does not publish how the score is calculated.
No max open risk limit (no Equity Shield) on any crypto account.
An account with no trade for 30 consecutive days is closed automatically and cannot be reactivated.
The Terms prohibit sharing an IP address with other accounts AND using more than one IP address on your own account.
A cap on total funded crypto capital exists, separate from the forex cap, but the firm states it as $200k in one article and $100K in another.
4% maximum daily loss.
4% maximum daily loss.
4% daily loss limit.
4% daily loss limit, set each day at 5 pm EST from the higher of the previous day's balance or equity. One help article says "3% or 4%" without saying when 3% applies.
3% daily loss limit, set each day at 5 pm EST from the higher of the previous day's balance or equity. One help article says "2% or 3%" without saying when 2% applies.
3% maximum daily loss.
3% maximum daily loss once funded, where Step 1 has none.
NO DAILY LOSS LIMIT in Step 1. One appears only once the account is funded, at 3%.
2.5% maximum daily loss, the tightest daily limit on the catalogue.
7% trailing drawdown, measured on the CLOSING balance rather than on equity, and it stops trailing once the account is 7% up, locking at the starting balance.
Static drawdown. THE FIRM DISPLAYS TWO FIGURES, 8% and 10%, without saying which phase each belongs to, so no single percentage is recorded.
9% max loss limit. Drawdown basis is unstated by the firm.
6% trailing drawdown on the crypto 1-Step, trailing the CLOSING balance and locking at the starting balance once the account is 6% up. Breach is measured on equity.
5% trailing drawdown on crypto Instant, trailing the CLOSING balance and locking at the starting balance once the account is 5% up. Breach is measured on equity.
6% trailing drawdown.
5% trailing drawdown once funded, tighter than Step 1's 6%.
6% trailing drawdown in Step 1.
5% trailing drawdown.
Leverage up to 10:1, shown as one figure with no asset-class breakdown.
Leverage up to 30:1.
Leverage 1:5 on Bitcoin and Ethereum, 1:2 on every other crypto pair, on every crypto account and stage.
Leverage up to 50:1.
Leverage up to 30:1 once funded, down from 100:1 in Step 1.
Leverage up to 100:1 in Step 1, dropping to 30:1 once funded.
Leverage up to 50:1.
$15,000 a calendar month is the most that can be withdrawn, across ALL funded crypto accounts combined. Profit above it waits for the next month.
Top One Trader 2 Step PRO: minimum of 3 profitable days.
Three PROFITABLE days, not three days traded: a losing day does not count toward the three.
Five minimum trading days.
Five PROFITABLE days of at least 0.5% closed profit, not five days traded, on the challenge and again before a funded or Instant payout.
News trading is unrestricted on the crypto 1-Step challenge.
Funded crypto 1-Step and crypto Instant: no opening, closing or modifying a trade from 5 minutes before to 5 minutes after high impact news. A soft breach: the trade's profit is removed.
News trading is allowed on every route, and Instant Prime advertises it, but the Terms prohibit 'substantially larger position sizes' around news WITHOUT defining either the size or the window. Separately, a Single Share Equity CFD must be closed by 3:50 pm ET ahead of an earnings release: holding through it is a HARD BREACH and the position's profit and loss is removed.
Weekend holding is included on this route, where Instant Funding charges an add-on for it.
Overnight and weekend holding are allowed on every crypto account.
WEEKEND HOLDING IS A PAID ADD-ON on this route. It is included on 1-Step FLASH.
Profit split rising to a stated maximum of 100%.
80% profit split on the funded crypto 1-Step, 90% with a paid upgrade.
Crypto Instant starts at a 60% split and rises 10 points per payout to 90% from the fourth payout. A 90% add-on can be bought at the first checkout only.
Up to 90% profit split. The firm states the ceiling and not the starting rate.
Up to 100% profit split.
Up to 100% profit split. The firm states the ceiling and not the starting rate.
10% profit target, in one phase.
Phase 1 target 10%, Phase 2 target 5%.
Phase 1 target 8%, Phase 2 target 5%.
10% profit target on the crypto 1-Step challenge. No target once funded.
No profit target: the crypto Instant account is funded from the start.
No profit target: the account is funded from the start.
5% profit target in Step 1.
No profit target: the account is funded from the start.
Optional add-ons: remove stop-loss (+10%), 90/10 split (+20%), weekly payouts (+20%), or a 35% bundle of all three.
Unlimited free resets on Step 1 – the only route on this firm's catalogue that offers them.
Every trade needs a stop loss unless the add-on that removes the requirement is bought. A trade without one is closed rather than treated as a breach, so it costs the trade and not the account.
Top One Trader 1 Step: the firm states no time limit.
Top One Trader Instant: the firm states no time limit.
Top One Trader Prime: the firm states no time limit.
No time limit on Step 1.
Commission of $3.50 per lot per side on every crypto trade ($7 per lot round trip).
Rules that matter at Maven Trading
The Instant account shown by the firm has 3% maximum loss, 2% daily loss, 80% split and a 20% consistency requirement.
Mini: the largest winning trade must be less than 15% of total profit to get a payout. It is measured per trade, not per day.
Maven 1 Step, Maven Elite 1-Step: the firm states no consistency rule.
Maven Standard 1-Step: the firm states no consistency rule.
Maven Standard 2-Step, Maven Standard 3-Step, Maven Omo 2-Step: the firm states no consistency rule.
Instant: a 1% floating loss breaches the account. 3% profit is needed before a withdrawal.
Mini: open-trade loss may not exceed 1% of the account (the gap between equity and balance).
Up to $200,000 funded; scaling +25% at a time to $1,000,000. Weekend holds allowed; 30 days without a trade is dormancy. Forex leverage 75:1.
Daily loss limit 2%, shown on the product card and not restated for the funded stage.
Daily loss limit is 3%.
Daily loss limit is 2%.
Daily loss limit is 4%.
Daily loss limit 2%, measured from the higher of balance or equity at 00:00 UTC.
Daily loss limit 4%, shown on the product card and not restated for the funded stage.
Maximum loss 3%, shown on the product card.
Maximum loss is a 5% trailing drawdown.
Maximum loss is 3% and static.
Maximum loss is 8% and static.
Maximum loss 3%, trailing. The firm states the drawdown does not reset.
Maximum loss 8%, shown on the product card.
Mini: one open trade at a time, and trades held under 150 seconds do not count towards profits.
The firm states no fixed lot or contract cap on this product.
Mini is a single-payout account: one withdrawal at a 70% split, after at least 3% profit, and then the account is closed. Payouts are processed the day after the trading period ends.
Omo payouts are capped at 6% of balance on the first and 8% on the second, then uncapped.
Withdrawals are capped at $10,000 per 30 days; profit above that is voided. Above $5,000 profit, no single day or trade may be over 50% of the cycle's profit. After $5,000 in payouts a risk interview is required.
Two-Step: 3 profitable days of at least 0.5% in each phase, and again on the funded account before a withdrawal.
Omo: at least 4 profitable days of 0.5% or more in each phase, including the funded stage. Hitting the target without them does not pass a phase or unlock a withdrawal.
Maven 1 Step, Maven Elite 1-Step: the firm states no minimum trading days.
Maven Standard 1-Step: the firm states no minimum trading days.
Maven Standard 3-Step: the firm states no minimum trading days.
Omo: news is unrestricted in the evaluation; once funded, profit per news event is capped at 0.5% of balance.
Standard challenges and funded accounts: no opening or closing trades within 2 minutes of red-folder news, including take-profit and target hits. Instant accounts are exempt.
Standard routes show an 80% split and requests every 10 business days.
The product card does not state a profit split.
Profit split 80%, payouts once requirements are met, per the product card.
Profit split 70%, with payouts available, per the product card.
Profit split 80%, payouts every 10 business days, per the product card.
The product card does not state a profit split.
Profit split 80%, payouts every 10 business days, per the product card.
Profit split 80%, payouts every 10 business days, per the product card.
Profit split 80%, payouts every 10 business days, per the product card.
Profit target on the product card: 5% in phase 1.
One-step evaluation target is 8%.
Each of the three evaluation phases has a 3% target.
Two-step targets are 8% then 5%.
Profit targets on the product card: 6% in phase 1, 8% in phase 2.
Profit target on the product card: 5% in phase 1.
Banned: excessive scalping (half or more of trades under a minute), all-in trades, grid and gap trading, and copying another person's trades.
A lost funded account can be bought back: $200 (2K), $400 (5K), $750 (10K), $1,400 (20K), $3,500 (50K), $6,000 (100K).
Mini: 24 hours to trade, starting at the first trade, and the payout must be submitted within those 24 hours.
Omo: 180 days in total across both evaluation phases, with no separate deadline per phase. Hedging across accounts is banned. The firm sets a 150-second minimum hold and says it applies at the funded stage.
Maven Instant: the firm states no time limit.
Maven Standard 1-Step: the firm states no time limit.
Maven Standard 3-Step: the firm states no time limit.
Maven Standard 2-Step: the firm states no time limit.
Rules that matter at FundingPips
Copy trading is permitted only between the trader's own accounts, or with FundingPips itself as the master.
Your own EA is allowed with proof of ownership. A THIRD-PARTY EA is allowed only as a trade or risk manager, not as the strategy.
No Profit Concentration Policy on accounts bought from 28 September 2026. Accounts bought before then keep it: on evaluations created from 27 June 2026 at $25,000 and above (all sizes on 1 Step Flex), if ONE trade idea makes more than 60% of a phase target, the trader must post 4 profitable days of 0.5% or more before EVERY Master reward. It never applied to Zero.
Consistency Score of 15%: to request a reward, the biggest winning day must not exceed 15% of total profit. Going over is not a breach; rewards stay blocked until the score comes back down.
30 days without a COMPLETED trade breaches the account, on every model.
Prime is the stage after a Master Account, by FundingPips invitation only; it can no longer be unlocked on request. Its size is the Master Account profit after the reward split, times 12.5. When it opens, every Evaluation and Master Account closes once its trades are closed. Prime pays an 80% split daily, any number of times a day, on requests of at least 1% of the account size. A 3% soft daily loss limit pauses trading for the rest of the day without closing the account. The 8% max loss limit is static below the starting balance, moves only at a scale-up, and closes the account on touch. Each scale-up adds 10% to the account size, up to $2M per account, and all Prime Accounts share a $400K total allocation. News trading and weekend holding are allowed. Prime runs on MT5 only, so US clients cannot transition.
NEITHER VPN NOR VPS is permitted, and the login IP region must stay consistent. VPS is allowed at several firms on this roster, so this is stricter than the norm.
3% daily loss, or 2% if that option is chosen at purchase (the 2% option costs less), measured against the HIGHER of the day's opening balance or equity and reset at 00:00 UTC+3. Accounts bought before 28 September 2026 have 3% only.
4% daily loss, measured against the HIGHER of the day's opening balance or equity and reset at 00:00 UTC+3. The basis is the same on all five models; only the percentage differs.
5% daily loss, or 3% if that option is chosen at purchase (the 3% option costs less and removes the minimum trading days), measured against the HIGHER of the day's opening balance or equity and reset at 00:00 UTC+3. Accounts bought before 28 September 2026 have 5% only.
3% daily loss, measured against the HIGHER of the day's opening balance or equity and reset at 00:00 UTC+3. The basis is the same on all five models; only the percentage differs.
3% daily loss, measured against the HIGHER of the day's opening balance or equity and reset at 00:00 UTC+3. The basis is the same on all five models; only the percentage differs.
12% max loss, static.
12% max loss, static, the widest of the firm's five account types.
10% max loss, static.
6% max loss, static, the tightest max loss of the firm's five account types.
Max loss is trailing at 5%, the only one of the firm's five account types where max loss trails rather than staying static.
Forex 1:100, metals 1:30, energies 1:10, indices 1:20, crypto 1:2. CHOOSING THE SWAP-FREE MT5 ACCOUNT OR THE SWING ADD-ON CUTS EVERY ONE OF THEM, to 1:30 / 1:10 / 1:5 / 1:5 / 1:1. Crypto drops to 1:1 on a Master account, which the firm calls temporary, and metals, energies and indices run on dynamic leverage there. Before 28 September 2026 only the swap-free account took the reduced leverage.
Forex 1:50, metals 1:10, energies 1:10, indices 1:10, crypto 1:2. The swap-free MT5 account cuts forex to 1:30, indices to 1:5 and crypto to 1:1. A 20-lot limit applies to every trade, and 1 lot per click on crypto.
1 minimum trading day in each phase on the 80% split, or 3 profitable days of 0.5% or more on the 95% split. Accounts bought before 26 August 2026 keep no minimum on the lower split.
3 trading days minimum in each phase, or none if the 3% daily loss option is bought. Accounts bought before 28 September 2026 need 3 days in each phase.
No minimum trading days in either phase. Accounts bought before 28 September 2026 need 2 days in each phase (1 day if bought before 26 August 2026).
SEVEN PROFITABLE DAYS of 0.25% or more in every ROLLING 30 DAYS, to keep the account active and unlock rewards. It is a continuing requirement rather than a one-off count, and it is the only rule of this shape on the firm.
FundingPips 1 Step Flex: the firm states no minimum trading days.
News trading is allowed, and what happens next depends on the product. On a Master account, profit from a trade opened or closed within 5 minutes of restricted news, or 10 minutes around a speech, MAY BE DEDUCTED, and a trade opened 5 or more hours earlier is exempt. On ZERO it is a HARD BREACH to open, close or hold within 10 minutes either side. Separately, "purposely trading news" leads to closure, and the firm does not define it.
NO OVERNIGHT OR WEEKEND HOLDING on a Master account unless the Swing add-on (10% of the fee) was bought at purchase. Open positions are closed by the system every day between 20:45 and 21:00 UTC (21:45 to 22:00 UTC in winter); that is not a breach, but the day does not count as a trading day. Evaluations may hold overnight and over the weekend. Accounts bought before 28 September 2026 could hold overnight and were barred only from weekend holding.
No weekend holding on Zero: any position left open into the weekend, on any instrument, is a hard breach and closes the account. The Swap-Free add-on does not change this.
Biweekly at 80% split. The help centre also lists a Monthly cycle at 100% with extra conditions. Accounts bought before 28 September 2026 get 85% biweekly.
Two payout choices, 80% or 95% biweekly, fixed at purchase. The 95% option depends on a consistency requirement that its name does not mention; the firm discloses it only in a product description that is not shown with the option name. The help centre also lists a Monthly cycle at 100% with extra conditions. Accounts bought before 28 September 2026 have 85% instead of 80%.
Four payout choices, and the split does not move in step with frequency: Weekly 60%, Biweekly 80%, Monthly 100%, but On Demand, the most flexible option, sits at 90%, BETWEEN Biweekly and Monthly rather than at either extreme. A reader assuming 'faster access costs a lower split' would place On Demand below Biweekly; it is not.
Weekly at 80% split. The help centre also lists a Monthly cycle at 100% with extra conditions.
Single payout option: biweekly at 95% split.
Swap-free add-on: +$11.10 at $10,000, 10% of the fee, and the checkout lists it as requiring the Swing add-on. Accounts bought before 28 September 2026 paid +$9.90 with no Swing requirement.
Swap-free add-on: +$7.00 at $10,000, 10% of the fee, and the checkout lists it as requiring the Swing add-on. Accounts bought before 28 September 2026 paid +$5.90 with no Swing requirement.
Swap-free add-on: +$6.20 at $10,000, 10% of the fee, and the checkout lists it as requiring the Swing add-on. Accounts bought before 28 September 2026 paid +$5.50 with no Swing requirement.
Swap-free add-on: +$8.00 at $10,000, 10% of the fee, and the checkout lists it as requiring the Swing add-on. Accounts bought before 28 September 2026 paid +$6.60 with no Swing requirement.
Swap-free add-on: +$8.8.
Single evaluation phase, 12% target.
Phase 1 target 10%, Phase 2 target 8%. Accounts bought before 28 September 2026 have a 6% Phase 2 target.
Both evaluation phases require the same 6% target.
Phase 1 target 8%, Phase 2 target 5%.
Risk Per Trade Idea: on a Master Account only, 3% at $25,000 and 2% above it, with no limit below $25,000 and none during Phase 1 or Phase 2. It applies to accounts bought before 28 September 2026. The current 2 Step Flex rules page no longer lists it, so whether it binds later purchases is unclear.
Striking System: a warning at 1% floating loss on a trade idea, and FOUR warnings close the account. On this product it applies at every Master size. The firm removed it from the 1 Step Flex rules page on 28 September 2026 but still states it elsewhere, so whether it binds new purchases is unclear.
Striking System: a warning at 1.2% floating loss on a trade idea. The second warning halves the reward split, the third cuts it to 20%, and the fourth closes the account. Profit from a warned trade idea is deducted. On this product it applies only to Master accounts ABOVE $25,000, unlike 1 Step Flex where it applies at every size at 1%. The firm removed it from the 2 Step Standard rules page on 28 September 2026 but still refers to it elsewhere, so whether it binds new purchases is unclear.
Striking System on the Monthly reward cycle: the warning trigger drops to 1% floating loss on a trade idea, at every Master size, for as long as the cycle stays Monthly. On the other cycles it is 1.2% and applies only above $25,000.
Two risk limits on Zero. MAX OPEN RISK: floating loss across all open positions may not exceed 1% of the account. RISK PER TRADE IDEA: 3% below $50,000 and 2% from $50,000 up – a different threshold from 2 Step Flex, which switches at $25,000. On 28 September 2026 the firm removed the Risk Per Trade Idea card from the Zero rules page while still listing it elsewhere, so whether it binds new purchases is unclear.
A reset after a breach is discounted if it is bought within 7 DAYS: 8% off an evaluation phase, 7% off a Master account and 20% off Zero. Accounts bought before 28 September 2026 get 15% off an evaluation (Phase 1), 10% off Phase 2 and 7% off a Master account except the $100,000 size.
FundingPips 1 Step Flex: the firm states no time limit.
FundingPips 2 Step Flex: the firm states no time limit.
FundingPips Two Step: the firm states no time limit.
FundingPips Two Step Pro: the firm states no time limit.
FundingPips Zero: the firm states no time limit.
Rules that matter at FundedElite
Pay about $5 to start; after passing, activation costs $159 (25K), $329 (50K), $499 (100K) or $989 (200K), within 29 days.
Every $300K account adds a 60% consistency rule and 5 minimum trading days.
Consistency applies only if chosen at checkout.
INSTANT Standard: no single day may be more than 25% of total profit. INSTANT ELITE has no consistency rule.
No consistency rule. The firm states that INSTANT ELITE does not include the Consistency Rule, which applies only to INSTANT Standard.
Fee refunded with the third payout, only if the challenge was passed on the first try; a second chance or a reset loses it.
Fee refunded with the third payout, only if the challenge was passed on the first try; a second chance or a reset loses it.
Fee refundable, unlike the base Instant product, which shows no refund.
Fee refunded with the third payout, only if the challenge was passed on the first try; a second chance or a reset loses it.
Fee refunded with the third payout, only if the challenge was passed on the first try; a second chance or a reset loses it.
Terms allow a refund request within 14 days if no trade has been placed, at the firm's discretion; the FAQ says sales are final once logins arrive.
No trade in 29 days ends the account; getting it back costs 40% of the original price.
Up to 50 active challenges; funded allocation capped at $400,000.
3% daily loss limit.
5% daily loss limit.
3% daily loss from the higher of the last end-of-day balance or equity.
3% daily loss limit.
3% daily loss limit.
3% daily loss limit.
4% daily loss limit.
Static max loss, chosen at checkout: 5, 6, 8 (default), 9 or 10%.
Static max loss, chosen at checkout: 5, 6, 8 (default), 9 or 10%.
Trailing equity max loss: 6% at the $25K starting stage, 5% from the $50K stage up.
Trailing equity max loss: 6% on the $25K stage, 5% from $50K.
6% trailing max loss, 3% daily.
6% trailing max loss, 3% daily.
Max loss chosen at checkout: 5, 6, 7, 8 or 10%.
Max loss chosen at checkout: 6, 8 or 10%.
3 minimum trading days.
3 minimum trading days.
A payout needs the target plus 5 profitable days, each above the stage's minimum ($150 at $25K up to $1,000 at $1M).
4 profitable days of at least 0.5% of the account size before a payout.
4 profitable days of at least 0.5% of the account size before a payout.
3 minimum trading days.
3 minimum trading days.
News trading and weekend holding are allowed. Trading at the weekend, including stop loss or take profit fills, needs the weekend add-on.
Starts at $25K or $50K at 80%. Every approved payout closes the account and opens one at double the size, up to $1,000,000 at 95%.
Target chosen at checkout: 6, 7, 8, 10 or 12%.
Phase 1 target chosen at checkout: 6, 7, 8, 10 or 12%. Phase 2 target 5%.
Target per ladder stage, chosen at checkout: 5, 8 (default) or 10%, no time limit.
Flash Activation: 6% target, 3% daily, 6% max loss (static in the evaluation, trailing once funded), no minimum days. Funded: 3 profitable days, 30% consistency, 80% split, payouts every 14 days.
No profit target. Instant funded, with no evaluation.
No profit target. Instant funded, with no evaluation.
Target chosen at checkout: 8, 10 or 12%.
Phase 1 target chosen at checkout: 6, 7, 8, 10 or 12%. Phase 2 target is 5%. No target once funded.
Minimum hold 3 minutes (30 seconds with an add-on). Hedging is banned, even in one account. Martingale and non-manipulative grid are allowed. EAs only as tools. Once funded, no more than half the daily loss limit may be risked on one instrument in a day.
A soft breach, such as holding a trade under 3 minutes, keeps the account open but pays that payout at 30% and restarts the payout count. Repeats mean a reset and lost profit.
One automatic second chance after a loss-limit breach in the evaluation. On the retry the max loss drops from 8% to 6%, and the split is capped at 50% for good.
One automatic second chance after a loss-limit breach in an evaluation phase. On the retry the daily limit drops from 5% to 3%, and the split is capped at 50% for good.
No free retry. One paid reset at each stage reached above the starting one: up to six from a $25K start, five from a $50K start.
No free retry.
No free retry.
No free retry.
No free retry, unlike the non-Lite 2 Step.
FundedElite 1 Step, FundedElite 2 Step: the firm states no time limit.
FundedElite Catalyst: the firm states no time limit.
FundedElite Flash Activation: the firm states no time limit.
FundedElite Instant, FundedElite Instant Elite: the firm states no time limit.
FundedElite Lite 1 Step, FundedElite Lite 2 Step: the firm states no time limit.
Rules that matter at ThinkCapital
Expert Advisors (EAs) allowed.
ThinkCapital Bolt (Instant Funding): consistency rule at 20%.
The firm states no consistency rule on this product.
ThinkCapital Lightning, ThinkCapital Dual Step (Swing), ThinkCapital Nexus: the firm states no consistency rule.
3% daily loss limit (equity-based).
4% daily loss limit (equity-based).
4% daily loss limit (balance-based).
3% daily loss limit (equity-based).
6% max drawdown (trailing equity).
Evaluation: 7% max drawdown, stated as 7% of the initial account balance and not trailing, per the firm's Dual Step drawdown FAQ.
Funded: 8% max drawdown, fixed to the initial starting balance. The FAQ states the balance must stay above 92% of its initial value throughout, confirming a static basis.
Evaluation: 7% max drawdown, stated as 7% of the initial account balance and not trailing, per the firm's Dual Step drawdown FAQ.
Funded: 8% max drawdown, fixed to the initial starting balance. The FAQ states the balance must stay above 92% of its initial value throughout, confirming a static basis.
6% max drawdown (trailing equity).
Dynamic leverage up to 1:50.
Fixed leverage 1:30 at both stages.
The firm states no fixed lot or contract cap on this product.
Minimum 3 trading days during evaluation.
ThinkCapital Dual Step (Intraday), ThinkCapital Dual Step (Swing), ThinkCapital Nexus: minimum of 3 trading days.
ThinkCapital Dual Step (Intraday), ThinkCapital Dual Step (Swing), ThinkCapital Nexus: minimum of 3 trading days.
Instant-funded product with no profit target; qualifies via 5 profitable trading days within 3% daily and 6% max loss limits.
Phase 1: 9% profit target. Phase 2: 5% profit target.
Phase 1: 9% profit target. Phase 2: 5% profit target.
10% profit target during evaluation phase.
Phase 1: 7% profit target. Phase 2: 6% profit target. Phase 3: 5% profit target.
News trading and weekend holding are not allowed on the Intraday account.
News trading not allowed; 4-minute window rule enforced.
Rules that matter at Lark Funding
The firm states no consistency rule on this product.
Lark Instant: the firm states no consistency rule.
Gains are capped at $10,000 per day and per trade, measured from 5:00 PM EST. Repeated all-or-nothing trading can close the account.
The challenge fee is not refundable.
At least one trade every 30 days, or the account is breached.
Up to $200,000 in funded accounts from evaluations and $100,000 in Instant accounts.
5% daily loss from the previous day's closed balance at 5 PM EST, measured on equity.
5% daily loss from the balance at 5:00 pm EST; hitting it is a hard breach.
The three-step evaluation states that it has no daily loss limit.
8% trailing drawdown from the highest closed balance (equity highs do not move it). It locks at the starting balance once the account is up 8% or a first payout is requested.
7% static max loss from the initial balance ($7,000 on $100,000, and it stays there as the account grows).
Static 5% maximum drawdown throughout the three-step evaluation.
Simulated leverage of 50:1 on Instant.
1-Step leverage: FX 30:1, gold and indices 10:1, silver, commodities and stocks 5:1, crypto 2:1.
3-Step leverage: FX 50:1, indices 20:1, other instruments as on 1-Step.
Lark 1-Step: the firm states no minimum trading days.
Lark 1-Step, Lark 3-Step: the firm states no minimum trading days.
Lark 3-Step: the firm states no minimum trading days.
News trading is allowed, subject to the firm's separate all-or-nothing and prohibited-strategy rules.
Weekend holding, a stop loss option and weekly payouts are paid add-ons priced as a percentage of the fee. Without the weekend add-on, trading stops at 3:45 PM EST on Friday and every position is closed.
First payout on demand, subsequent payouts monthly. This contradicts the site-wide promotional banner claiming daily payouts on every account.
90% performance rewards on Instant only.
10% profit target, confirmed in dollars at all five account sizes.
Three evaluation targets: 5%, 4%, then 3%.
The firm prohibits all-or-nothing or gambling-style trading, group hedging, and coordinated opposing positions; this is not the complete prohibited-practice list.
1-Step: up to 3 free restarts if no trade setup lost over 1% and drawdown stayed better than -5%. 3-Step: surrender for a 75% discount code if drawdown stayed within 3.5% and no trade lost over 1%. A funded reset costs 3 to 5 times the fee after review.
Every trade needs a stop loss when it is placed; a trade without one is closed automatically. It is a soft breach, so the account continues.
Lark Instant: the firm states no time limit.
Lark 1-Step: the firm states no time limit.
Lark 1-Step, Lark 3-Step, Lark Instant: the firm states no time limit.
Lark 3-Step: the firm states no time limit.
Rules that matter at AquaFunded
No activation fee and no monthly fee on the Daily, Standard, Flex and Instant futures accounts.
Expert Advisors are allowed on the CFD program when they are the trader's own strategy. Third-party, off-the-shelf and pass-the-challenge strategies are prohibited, as is passing on one strategy and trading another once funded. The futures program takes the opposite position.
All automation is prohibited on the futures program, including bots, unattended algorithms and AI execution software, and no more than 100 trades may be placed in a single day. The CFD program allows Expert Advisors, so the same brand takes opposite positions on the two products.
Consistency by model: Instant Pro 20% (15% for accounts bought before 8 Sep 2026), Instant Standard 15%, 2-Step Pro 25%.
Futures consistency caps the best day's share of profit, and each model applies it at a different stage. Daily caps it at 40% and both current Flex accounts at 50%, during the evaluation only. Standard has none in the evaluation and 40% once funded, Instant is 20% on every payout cycle, and Beginner is 40% in both stages. On the current models, missing it holds a pass or a payout back; it does not fail the account.
The fee is returned on the fourth successful payout, not on request, and is forfeited entirely if the account hard breaches first. The Refund Policy separately states that all sales are final.
Wave Stop: on funded CFD accounts, open trades are all closed when they reach a 2% loss of balance (soft breach). On Instant models a single trade floating below -2% of starting balance (-1% on $300K and $400K) closes the account for good. One Step Flex uses a 1% WaveStop with strikes; the third strike breaches the account.
Futures: 7 calendar days without a trade closes the account for good. The firm's article opens 'To keep all AquaFunded Futures accounts active', so it is recorded on every futures product, including Daily and both Flex variants (read 2026-09-24, re-confirmed in the 2026-09-29 catalogue reads).
One trade required within any 30-day period; no trade for 30 days is a BREACH, not merely a dormancy flag. Applies from the first trade placed.
CFD: up to $400K funded; scaling adds 25% of the initial balance for 12% profit in 3 months, up to $4,000,000.
Futures: up to 5 active funded accounts at once, with any extra funded account placed on hold; evaluation accounts are unlimited. The evaluation fee is one-time. Only giveaway accounts carry a monthly access fee, after a free 30 days.
Daily loss by model: 2-Step Pro 5%, 2-Step Elite 4%, Instant Pro, Instant Standard, One Step Standard and One Step Flex 3%. An earlier reading showed no daily loss limit on Instant Standard and One Step Flex.
Daily loss limit $1,000 / $1,250 / $1,750 in both stages. Reaching it closes open positions and pauses the account for the rest of the day; it does not fail the account.
Daily loss limit $1,200 / $1,700 / $3,000 on Flex with a daily loss limit, in both stages. Reaching it stops trading for the day; it does not fail the account.
No daily loss limit on Flex without a daily loss limit, in either stage.
Daily loss limit $1,000 / $1,250 / $2,500 / $3,000 on the $25K to $150K Instant account, a soft breach that pauses the account for the rest of the day.
Daily loss limit $1,000 / $2,000 / $3,000 on the $50K / $100K / $150K Standard account in both stages, a soft breach that pauses the account for the rest of the day.
5% daily loss, from the higher of the previous day's closing balance or equity, reset at 00:00 UTC.
Maximum loss 10%, static.
Maximum loss 10%, trailing.
Maximum loss 6%, trailing the highest equity reached (floating P&L included); it never moves back down.
Maximum loss 5%, end of day trailing.
Maximum loss 12%, static.
Maximum loss 6%, trailing.
Maximum drawdown $2,000 / $2,500 / $3,500, trailing on the end-of-day closed balance in both stages. It stops trailing at $52,100 / $103,600 / $155,100, and after any payout the floor locks at the starting balance plus $100.
On the three older futures models the firm still sells but no longer shows on its pricing page, the maximum loss runs $1,000 to $5,000 by size on Beginner, $1,500 to $3,500 on the older Flex, and $2,500 or $3,500 on Instant Pro. Beginner also has a daily loss limit of $600 to $3,750. The firm's own pages disagree on how Instant Pro's drawdown is measured and on whether it has a daily limit. After any payout the drawdown floor locks at the starting balance plus $100.
Maximum drawdown $2,000 / $3,000 / $4,500 on both Flex accounts, trailing on the end-of-day closed balance in both stages until it reaches the starting balance, where it locks. After any payout the floor locks at the starting balance plus $100.
Maximum drawdown $1,500 / $2,000 / $3,500 / $4,500 on the Instant account, trailing on the end-of-day closed balance until it becomes static at a level the firm does not state. After any payout the floor locks at the starting balance plus $100.
Maximum drawdown $2,000 / $3,500 / $5,000 on the Standard account, trailing on the end-of-day closed balance in both stages. It stops trailing at $52,100 / $103,600 / $155,100, and after any payout the floor locks at the starting balance plus $100.
8% of the initial account balance, fixed, including closed and open trades. The firm's own worked example: $100,000 falling to $92,000, shown as 92%.
Futures positions are capped by contract count by account size. Daily, Standard and both Flex accounts allow 4 minis (40 micros) at $50K, 8 at $100K and 12 at $150K; Instant allows 1 at $25K and the same ladder above it. The older models allow fewer: Beginner 1 to 9 contracts, Instant Pro 3 or 6, older Flex 2 to 6.
On accounts of $100,000 or larger the first two reward requests are each capped at $10,000, after which the cap is removed. Every payout carries a 2 percent processing fee deducted from the requested amount.
Futures payouts are capped by model and size. Daily caps each day at $1,100 / $2,200 / $3,300; Instant caps each request at $1,000 to $3,000; Standard at $2,000 to $3,500 for the first payout and $2,500 to $4,000 after; Flex at half the available profit, up to $2,000 / $2,500 / $3,000. The minimum payout is $500 on the current models, though the same pages allow $100 by crypto, and a 3% processing fee comes off every payout.
Instant Pro and Instant Standard both require 5 minimum trading days on the funded account. One Step Flex requires none, which is the feature it is sold on.
No minimum number of trading days to pass the Daily, Standard or Flex evaluation.
3 profitable days on the One-Step models, where a day counts only with a gain of at least 0.5% against the previous end-of-day balance, so a day up 0.1% does not count. If the profit target is reached before the three days, trading must continue until it is met. The Three-Step model requires none. The firm states this rule for its One-Step models.
AquaFunded 2-Step Elite: minimum of 3 profitable days.
AquaFunded 2-Step Pro: the firm states no minimum trading days.
AquaFunded 2-Step Standard: minimum of 3 profitable days.
News trading is permitted and the profit from it is capped at 0.5 percent of starting balance per payout cycle, with the excess removed. The firm's own example takes $1,000 of news profit down to $500. It is not treated as a breach. Accounts bought before 27 April 2026 stay on the earlier rules.
Overnight and weekend holding are permitted on both programs, and crypto accounts trade around the clock. Swap free is not the default – it is a paid add-on at 10 percent on the CFD side.
Instant Pro and Beginner, which the firm still sells but no longer shows on its pricing page, pay a 100% split.
The older Flex model pays an 80% split.
The four current futures models, Daily, Standard, Flex and Instant, pay 90% from the first payout. The old 100% split up to $15,000 lifetime is gone.
Profit targets by model. 2-Step Pro is 10 then 5 percent, 2-Step Elite 8 then 5, One Step Standard 9, One Step Flex 10. The two Instant models skip evaluation and have no target.
Profit target $3,000 / $6,000 / $9,000 on the $50K / $100K / $150K Daily, Standard and both Flex accounts, 6% in one phase.
8% then 5%, and the target RESETS in phase 2 rather than accumulating. All positions must be closed before progressing. The firm's page introduces this with 'For our 2-Step Challenge model', so it describes that one model.
Three practices carry profit consequences rather than warnings. Trades held under 2 minutes may be classed as tick scalping and their profits removed. Margin above 80 percent in a single trade is classed as gambling and can mean profits deducted or the account breached. Wave Stop auto-closes everything at 2 percent floating loss, cutting the profit split to 50 percent on a first breach and breaching the account on a second, on every funded model except Instant Funding.
At least half of all closed trades must stay open longer than 10 seconds, at least half of total profit must come from trades held longer than 10 seconds, and average risk to reward must stay above 0.3. Prohibited trading can lead to profit removal, payout denial, account suspension or a ban, which sits against the site's no denials badge.
AquaFunded 2-Step Elite, AquaFunded 2-Step Pro, AquaFunded 2-Step Standard: the firm states no time limit.
AquaFunded 2-Step Elite, AquaFunded 2-Step Pro, AquaFunded 2-Step Standard, AquaFunded Instant Pro, AquaFunded Instant Standard, AquaFunded One Step Flex, AquaFunded One Step Standard: the firm states no time limit.
AquaFunded One Step Flex, AquaFunded One Step Standard: the firm states no time limit.
AquaFunded Futures Daily: the firm states no time limit.
AquaFunded Futures Flex DLL: the firm states no time limit.
AquaFunded Futures Flex No DLL: the firm states no time limit.
Rules that matter at Instant Funding
To request a payout, the best trading day must be no more than 40% of total profit.
The firm states no consistency rule on this product.
Instant Funding Two-Phase Challenge: consistency rule at 40%.
No trade for 60 days after purchase or after the last trade closes the account (the agreement also says 30 days).
No trade for 60 days after purchase or after the last trade closes the account (the agreement also says 30 days).
A combined $1,000,000 cap across every program, by starting balance; scaling does not count toward it.
No daily loss limit, confirmed by the agreement's own table and the marketing page's 'No daily drawdown' claim. This is the only one of the firm's account types where that claim is true; every other named program (IF Micro, IF1, IF GO, Two-Phase, Two-Phase Micro) has a daily loss limit of 2-5%.
3% daily loss, recalculated at 17:00 EST from the higher of balance or equity.
5% daily loss, recalculated at 17:00 EST from the higher of balance or equity.
'Smart Drawdown': starts at 10% and RATCHETS TIGHTER to 5% after a 5% gain, and never loosens back. Some firms change the drawdown between stages; here it changes within a single stage.
8% max loss, static from starting balance.
10% max loss, static.
Instant Funding caps lots per asset class by account size (for example $120,000: FX 48, metals 3.6, indices 24, crypto 12); breaking a cap resets the account.
At least 3 trading days to pass; a day counts only if a new position is opened. An add-on removes it.
At least 3 separate trading days to complete the Two-Phase challenge. The article does not say whether the 3 days are counted per phase or across both, or what makes a day count; the One-Phase article defines a trading day as one on which a new position is opened.
News trading needs the Major News Trading add-on. Without it, trades within 4 minutes before or after a major event are restricted: profits can be adjusted and accounts reset.
Positions are closed automatically before the weekend unless the Weekend Holding add-on was bought.
First payout 14 days after the first trade, then every 7 days AFTER A NEW TRADE IS PLACED. This applies to the Instant Funding accounts only: One-Phase and Two-Phase accounts have on-demand payouts with no waiting period. Payment via Riseworks, crypto or another provider at the firm's choice; all fees are the customer's.
Scales by DOUBLING, not the +25%-per-90-days rate the two challenge-based account types use. A materially faster scaling path, and the two mechanisms are easy to conflate if a reader assumes one rate applies firm-wide.
80% split, 90% on request after 10% profit over at least 3 months. Scaling adds 25% of the starting balance for a 10% gain over 90 days, up to 100%.
80% split, 90% on request after 10% profit over at least 3 months. Scaling adds 25% of the starting balance for a 10% gain over 90 days, up to 100%.
No profit target, confirmed by both the agreement's own table and the marketing page's 'No profit targets' claim.
10% profit target, single phase.
The agreement sets 10% in phase one and 5% in phase two. The firm's Two-Phase rules page, Trading Rules table and checkout say 8% in phase one and 5% in phase two.
No more than 3% of the starting balance may be at risk on one trade idea (same instrument, same direction; reopening within 10 minutes counts). Going over is a hard breach. Also banned: grid, Martingale, HFT, one-sided bets, public EAs, group hedging.
There is no reset. A Retry button buys a new account with a discount applied automatically.
No time limit.
No time limit.
No time limit.