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Market Mates
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Market Mates Review: Rules, Profit Split & Payouts
Market Mates (MarketMates) is a broker-backed prop firm. MarketMates Limited is regulated by the Financial Services Commission of Mauritius as an investment dealer, and its funded accounts run on its own A-book brokerage. It sells two products. The prop trading challenges are balance-based 1-step and 2-step evaluations in three styles, Best Mate, Scalper and Swing, with sizes from $10K to $100K on MT5 or Match-Trader and a profit split listed as 70-90%. ScaleMate is instant funding with no challenge: the trader pays a purchase fee of $500 to $5,000, trades a live account ten times that size with an 80% profit split, and can scale in ten levels to as much as $500,000.
The 1-Phase Best Mate challenge at $10K costs $99 and sets a 10% profit target, a 3% max daily loss and a 6% max loss, with no trailing drawdown and no time limit. The MarketMates help desk puts two-phase plans at 5% daily and 8% maximum loss. Daily loss is a fixed amount based on the starting balance and resets at 5:00 pm ET. Only days with at least 0.5% profit count toward minimum trading days: 5 on one-phase Best Mate and Scalper, 3 on Swing and two-phase plans. There is no consistency rule. The rules that most often catch traders are a stop-loss within 120 seconds on every trade except Scalper, 1% maximum risk per trade, five open positions at most, and style deadlines: Scalper trades close by 5:00 pm ET daily and Best Mate trades by Friday 5:00 pm ET. Unless a plan allows news trading, traders must be flat from 15 minutes before to 3 minutes after high-impact news. Hedging, martingale, grid trading and copying third-party signals are prohibited on challenge accounts; ScaleMate has a 10% max loss and no daily drawdown.
The first withdrawal is available 7 days after the first trade on a funded account, then normally daily, once the account is at least 2% in profit. Payouts run through RiseWorks, which carries out its own KYC check first. A trader may hold up to three funded accounts worth a combined $300,000. Challenge refunds apply only to certain plans and not once trading begins, and the ScaleMate fee is non-refundable. Residents of 48 listed countries and regions, including Pakistan, Kenya and Morocco, are not accepted.
Broker-backed prop firm regulated by the FSC Mauritius, licence GB24202946
Balance-based 1-step and 2-step challenges with no trailing drawdown
Best Mate, Scalper and Swing styles on MT5 or Match-Trader
1-Phase Best Mate $10K: $99, 10% target, 3% daily and 6% max loss
No consistency rule; trading days count only at 0.5% profit or more
Daily payouts after a first withdrawal 7 days from the first funded trade
ScaleMate instant funding: $500 to $5,000 fee, 80% split, up to $500,000
Stop-loss within 120 seconds and 1% max risk per trade on most challenges
Is Market Mates legit?
Prop Firm Pal has not verified Market Mates, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as MarketMates Limited, in Port Louis, Mauritius. It cites Financial Services Commission of Mauritius, Investment Dealer licence GB24202946. Its website has been active in Prop Firm Pal's monthly traffic record since November 2025, and traffic over the last three months is growing fast. Its payout policy is published, and summarised on the Payouts tab.
Record
What we hold
Company
What we hold
MarketMates Limited
Headquarters
What we hold
Port Louis, Mauritius
Regulation cited
What we hold
Financial Services Commission of Mauritius, Investment Dealer licence GB24202946
In our traffic record
What we hold
Since November 2025 (10 months)
Traffic, last three months
What we hold
Growing fast (+70% to August 2026)
In Market Mates's words
Company: “MarketMates is a trading name of MarketMates Limited.” marketmates.com/…/scalemate-terms-and-conditions
Headquarters: “Registered address: 4th Floor, Les Jamalacs Building, Vieux Conseil Street, Port Louis, Mauritius 11328.” marketmates.com/…/scalemate-terms-and-conditions
Regulation: “MarketMates Limited is authorised and regulated by the Financial Services Commission of Mauritius as an Investment Dealer under licence number GB24202946.” marketmates.com/…/scalemate-terms-and-conditions
Market Mates trading platforms
Market Mates challenges & plans
Plan
Type
Account size
Price
Profit target
Daily drawdown
Max drawdown
Drawdown type
Profit split
Min trading days
Best Mate 1-Phase
Type
1-step
Account size
$10K
Price
$99
Profit target
10%
Daily drawdown
3%
Max drawdown
6%
Drawdown type
static
Profit split
—
Min trading days
5
Scalper 1-Phase
Type
1-step
Account size
—
Price
—
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
static
Profit split
—
Min trading days
5
Swing 1-Phase
Type
1-step
Account size
—
Price
—
Profit target
—
Daily drawdown
3%
Max drawdown
6%
Drawdown type
static
Profit split
—
Min trading days
3
2-Phase challenge
Type
2-step
Account size
—
Price
—
Profit target
—
Daily drawdown
5%
Max drawdown
8%
Drawdown type
static
Profit split
—
Min trading days
3
ScaleMate
Type
instant funding
Account size
$5K
Price
$500
Profit target
10%
Daily drawdown
—
Max drawdown
10%
Drawdown type
static
Profit split
80%
Min trading days
—
ScaleMate
Type
instant funding
Account size
$10K
Price
$1,000
Profit target
10%
Daily drawdown
—
Max drawdown
10%
Drawdown type
static
Profit split
80%
Min trading days
—
ScaleMate
Type
instant funding
Account size
$20K
Price
$2,000
Profit target
10%
Daily drawdown
—
Max drawdown
10%
Drawdown type
static
Profit split
80%
Min trading days
—
ScaleMate
Type
instant funding
Account size
$30K
Price
$3,000
Profit target
10%
Daily drawdown
—
Max drawdown
10%
Drawdown type
static
Profit split
80%
Min trading days
—
ScaleMate
Type
instant funding
Account size
$50K
Price
$5,000
Profit target
10%
Daily drawdown
—
Max drawdown
10%
Drawdown type
static
Profit split
80%
Min trading days
—
Market Mates trading rules
Rule
Stance
Condition
News trading
Stance
Conditional
Condition
Where restricted, no open, closed or held positions from 15 minutes before to 3 minutes after high-impact news; the 1-Phase Best Mate table lists holding over news as allowed; using more than 50% of available margin before news is prohibited on every challenge; ScaleMate allows trading around news
Expert advisors and automated trading
Stance
Conditional
Condition
API autotrading must be registered before activation; third-party bots, AI tools or scripts need MarketMates pre-approval; high-frequency trading is prohibited
Copy trading
Stance
Conditional
Condition
Allowed only between your own funded accounts under the same name; copying third-party signals or using third-party copy traders is prohibited; ScaleMate permits copy-trading tools where supported or approved
Hedging
Stance
Conditional
Condition
Prohibited on challenge and funded accounts, within one account or across accounts; the ScaleMate terms allow hedging within your own account
Martingale and grid strategies
Stance
Conditional
Condition
Martingale, doubling down and grid trading are prohibited on challenge and funded accounts; the ScaleMate terms do not prohibit them unless abusive or manipulative
High-frequency and latency arbitrage
Stance
Not permitted
Condition
—
Consistency rule
Stance
None
Condition
No consistency rule
Weekend holding
Stance
Conditional
Condition
Not allowed on Best Mate (close by Friday 5:00 pm ET) or Scalper (close daily); allowed on Swing; may need prior approval on funded accounts; allowed on ScaleMate
Overnight holding
Stance
Conditional
Condition
Scalper trades must be closed by 5:00 pm ET daily; Best Mate and Swing may hold overnight
Minimum trading days
Stance
Applies
Condition
5 days with at least 0.5% profit on 1-Phase Best Mate and Scalper; 3 on Swing and 2-Phase plans
Time limit
Stance
Applies
Condition
Unlimited on the 1-Phase Best Mate challenge; not shown for the other challenges in the pages read
Maximum number of accounts
Stance
Applies
Condition
One active challenge per person; up to three funded accounts with a combined $300,000
Prohibited instruments
Stance
Conditional
Condition
Exotic FX, illiquid stocks or crypto may be restricted under specific conditions
Account sharing
Stance
Not permitted
Condition
—
Unless a plan allows news trading or MarketMates approves it in writing, positions may not be opened, closed or held from 15 minutes before to 3 minutes after high-impact news, and using more than 50% of available margin before news is prohibited on every challenge.
EAs and automated systems are allowed if used compliantly, but API connections must be registered first and third-party bots or AI tools need MarketMates pre-approval.
Copy trading is allowed only between your own funded accounts under the same name; copying third-party signals or copy traders is prohibited.
Hedging is prohibited on challenge and funded accounts, within one account or across accounts, while the ScaleMate terms allow hedging within your own account.
Martingale, doubling down and grid trading are prohibited on challenge and funded accounts, but are not prohibited on ScaleMate unless abusive.
Latency arbitrage and high-frequency trading are prohibited, and holding more than 50% of positions for under 30 seconds counts as excessive scalping on challenge and funded accounts.
The prop trading challenges have no consistency rule.
Best Mate trades must be closed by Friday 5:00 pm ET, Scalper trades by 5:00 pm ET each day, and Swing trades may be held over the weekend; weekend holding on funded accounts may need approval.
Scalper positions cannot be held overnight; Best Mate and Swing positions can.
Minimum trading days count only days with at least 0.5% profit: 5 on 1-Phase Best Mate and Scalper, 3 on Swing and 2-Phase plans.
The 1-Phase Best Mate challenge has no time limit; time limits for the other challenges were not shown.
One challenge may be active at a time, with up to three funded accounts worth a combined $300,000.
Exotic FX, illiquid stocks or crypto may be restricted under specific conditions.
Accounts may not be shared or traded by another person.
Every challenge trade except on Scalper needs a stop-loss placed within 120 seconds, and risk may not exceed 1% per trade or group of related trades.
Market Mates payout rules
Payout
Detail
Payout frequency
Detail
Normally daily after the first withdrawal, which is available 7 days from the first trade on the funded account
Processing time
Detail
ScaleMate withdrawals typically processed within one business day
Minimum payout
Detail
Account at least 2% in profit
Payout methods
Market Mates account policies
Policy
Detail
Refund policy
Detail
Refundable fees apply only to certain plans, and no refund once trading begins unless stated; the ScaleMate purchase fee is non-refundable
Resets
Detail
A failed challenge can be retaken by buying a new challenge or, where applicable, through a reset from support
Scaling plan
Detail
ScaleMate scales in ten levels, each needing a profit of 10% of the original starting balance and at least 15 trading days at the level, up to $500,000; challenge-funded accounts may be scaled at MarketMates' discretion
Inactivity
Detail
No inactivity period on challenges; funded accounts with no trading for 30 consecutive days may be paused or closed
KYC
Detail
MarketMates identity verification when the account is opened, and a separate RiseWorks KYC check before any payout
Support
Detail
Mon to Thu 8:30am to 6:30pm, Fri 8:30am to 5pm (time zone not stated)
Market Mates fees
Fee
Amount
Applies to
Commission
Amount
$2.50 (unit not stated)
Applies to
1-Phase Best Mate challenge, $10K
Firm details
Detail
As published
Legal name
As published
MarketMates Limited
Headquarters
As published
Port Louis, Mauritius
Regulation
As published
Financial Services Commission of Mauritius, Investment Dealer licence GB24202946
Market Mates restricted countries
Market Mates web traffic, month by month
Prop Firm Pal has tracked Market Mates's website traffic every month since November 2025. In August 2026 the site received an estimated 57.16K visits, up 23% on the month before and up 70% over three months.
Growth of this size usually means active marketing rather than anything about payout reliability. A firm can grow quickly and still have strict rules.
These are third-party estimates of website visits, collected once a month and stored against the month they describe. They are not trader counts, funded-account numbers or revenue.
Month
Estimated visits
Change
November 2025
Estimated visits
30.90K
Change
—
December 2025
Estimated visits
37.20K
Change
+20%
January 2026
Estimated visits
48.68K
Change
+31%
February 2026
Estimated visits
44.20K
Change
-9%
March 2026
Estimated visits
36.55K
Change
-17%
April 2026
Estimated visits
32.50K
Change
-11%
May 2026
Estimated visits
33.58K
Change
+3%
June 2026
Estimated visits
61.27K
Change
+82%
July 2026
Estimated visits
46.63K
Change
-24%
August 2026
Estimated visits
57.16K
Change
+23%
How Market Mates compares in size
Measured on estimated monthly website visits for August 2026, Market Mates ranks 124 of the 477 prop firms Prop Firm Pal tracks — larger than 74% of them, at roughly 57.16K visits a month.
The ranking covers every firm measured between June 2026 and August 2026, each on its own latest reading in that window. Firms last measured before June 2026 are left out rather than shown with a stale figure, so the total moves month to month.
Size is not quality. A large firm is one that markets successfully, and several of the most visited firms in this ranking have the strictest rules; some of the smallest pay out reliably to everyone who asks. What the ranking is useful for is scale — whether you are looking at an established operation or something very new.
Similar-sized firm
Monthly visits
Monthly visits
58.06K
Monthly visits
57.44K
Monthly visits
56.83K
Monthly visits
56.75K
FAQs
What is Market Mates' profit split?
The MarketMates challenge page lists a profit split of 70-90%, without saying which plan gets which figure. ScaleMate, its instant funding account, pays an 80% profit share to the trader.
How much does a Market Mates challenge cost?
The 1-Phase Best Mate challenge at $10K costs $99. Prices for other sizes and for the Scalper, Swing and 2-Phase challenges were not shown on the pages read; ScaleMate costs a purchase fee of $500 to $5,000.
What are the Market Mates challenge rules?
The 1-Phase Best Mate challenge needs a 10% profit target within a 3% max daily loss and 6% max loss, with 5 profitable trading days and no time limit. Most challenges also require a stop-loss within 120 seconds, 1% maximum risk per trade and no more than five open positions.
Does Market Mates have a trailing drawdown?
No. MarketMates challenges are balance-based, and maximum loss is measured from the starting balance: 6% on one-phase plans and 8% on two-phase plans. The daily loss limit is a fixed dollar amount set from the starting balance and resets at 5:00 pm ET.
Does Market Mates have a consistency rule?
No, the challenges have no consistency rule. Minimum trading days only count days with at least 0.5% profit: 5 on one-phase Best Mate and Scalper, and 3 on Swing and two-phase plans.
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