Unbiased Prop Firm Data, Reviews & Comparisons
Prop Firm Industry Report
What a funded account actually costs, what the rules look like, and how they are distributed across the market — computed from 675 tracked prop firms. Updated October 2026.
The prop firm market in numbers — the short answer
Across the 26 prop firms with complete published terms that Prop Firm Pal tracks, the median cost of an evaluation to a $100,000 funded account is $419, the median maximum profit split is 90%, and the median phase 1 profit target is 5%. 79% of firms enforce a trailing maximum drawdown, and 81% sell an instant-funding account with no evaluation.
Headline figures
8$419
Median cost to a $100,000 funded account
Ranges from $149 to $1,105
n = 25 firms
$4.00
Median cost per $1,000 of funding
Evaluation programmes only — instant funding is priced separately
n = 26 firms
90%
Median maximum profit split
Ranges from 65% to 100%
n = 26 firms
5%
Median phase 1 profit target
n = 26 firms
3%
Median daily drawdown limit
n = 26 firms
5%
Median maximum drawdown limit
n = 26 firms
81%
Firms offering instant funding
21 of 26 sell an account with no evaluation
n = 26 firms
79%
Firms using trailing drawdown
Trailing limits follow your peak balance and are harder to trade than static ones
n = 24 firms
What a funded account costs
The cheapest evaluation each firm sells at a $100,000 account. Instant funding is excluded, because it buys the account outright.
Evaluation cost to a $100,000 account
Firms per price band.
Under $200
1 · 4%
$200 – $349
3 · 12%
$350 – $499
15 · 60%
$500 – $749
5 · 20%
$750 and over
1 · 4%
Profit splits and drawdown
The best split each firm advertises, and how its loss limit is enforced.
Maximum advertised profit split
Usually gated behind a scaling plan.
Up to 80%
7 · 27%
81 – 90%
8 · 31%
91 – 95%
4 · 15%
96 – 100%
7 · 27%
How drawdown is enforced
A firm appears in both pairs: style is how the limit moves, basis is what it is measured against.
Measured on equity
23 · 88%
Trailing maximum drawdown
19 · 73%
Static maximum drawdown
5 · 19%
Measured on balance
1 · 4%
Platforms and payments
Share of tracked firms offering each. Most firms offer several, so shares add up to more than 100%.
Trading platform support
MT5
20 · 77%
cTrader
12 · 46%
MatchTrader
11 · 42%
Trade Locker
10 · 38%
DXtrade
8 · 31%
TradingView
4 · 15%
MT4
4 · 15%
Bybit
2 · 8%
Accepted payment methods
Credit Card
15 · 58%
Crypto
15 · 58%
Debit Card
13 · 50%
Apple Pay
8 · 31%
Cryptocurrency
6 · 23%
Google Pay
6 · 23%
PayPal
6 · 23%
Bank Transfer
5 · 19%
Where firms are based and when they started
Founding year and company location as each firm publishes them. A location is not a regulatory status.
When these firms were founded
Before 2020
1 · 4%
2020 – 2021
6 · 23%
2022 – 2023
11 · 42%
2024 – 2026
8 · 31%
Where these firms are based
United Arab Emirates
6 · 23%
United Kingdom
6 · 23%
Hong Kong
3 · 12%
Czech Republic
2 · 8%
USA
1 · 4%
Saint Vincent And The Grenadines
1 · 4%
Canada
1 · 4%
Switzerland
1 · 4%
Method and limits
How these figures are calculated, and what they cannot tell you.
How the figures are made
Prop Firm Pal tracks 675 prop firms. Price and rule statistics are computed from the 26 firms with complete published terms, and every figure above states its own sample size, because not every firm publishes every field.
Prices are the cheapest evaluation at each account size. Instant funding is reported separately throughout, because it buys the account outright rather than a chance at one and costs several times more per $1,000 of funding. Figures describe the firms we track, not the entire market, and none of them are extrapolated.
This report is free to cite with attribution to Prop Firm Pal and a link to this page.
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Platforms
MT5, cTrader, TradeLocker and other supported trading platforms.
Assets
Forex, crypto, futures, stocks and other tradable asset classes.
Features
Instant funding, scalping rules, profit splits and program benefits.
Challenges
One-step, two-step, instant funding and evaluation program types.
Trader types
Beginners, scalpers, swing traders and other trading styles.
Payment methods
Card, crypto, bank transfer and other ways to pay for challenges.
Payout methods
How firms pay traders—Wise, crypto, bank wire and more.
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FAQs — Prop Trading Questions Answered
Answers on prop firms, funded accounts, challenges and how our platform works
Prop Firm Pal is a comparison and review platform for proprietary trading firms. We list popular prop firms, publish detailed descriptions, collect real trader reviews, and provide verified discount codes for challenges and funded accounts. Our goal is to help traders compare prop firms, save money with promo codes, and choose the best funded trading program for their needs.
Prop Firm Pal allows traders to browse a curated list of proprietary trading firms, read in-depth information about each firm, and view real user reviews. When you find a prop firm you like, you can click the discount code button to copy the promo code and visit the firm’s website through our link. If you complete a purchase, you receive the advertised discount and we may earn a commission from the prop firm at no additional cost to you.
A proprietary trading firm, also known as a prop firm, is a company that provides traders with access to funded trading accounts. Instead of risking your own capital, you trade the firm’s funds and earn a share of the profits. Most prop firms require traders to pass an evaluation or challenge that tests consistency, risk management, and profitability before granting a funded account.
Prop firm challenges are evaluation programs where traders must meet specific profit targets while following strict risk management rules. These rules often include maximum daily drawdown, overall drawdown limits, minimum trading days, and consistency requirements. If you successfully complete the challenge and any verification phase, you can qualify for a funded trading account and receive a profit split.
To use a prop firm discount code on Prop Firm Pal, go to the prop firm’s profile page and click the discount button. The promo code will automatically copy to your clipboard and you will be redirected to the official prop firm website. At checkout, paste the code into the coupon or promo field to apply the discount to your challenge or funded account purchase.
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