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 688 tracked prop firms. Updated November 2026.
The prop firm market in numbers - the short answer
Across the 54 prop firms with complete published terms that Prop Firm Pal tracks, the median cost of an evaluation to a $100,000 funded account is $398, the median maximum profit split is 90%, and the median phase 1 profit target is 5%. 86% of firms enforce a trailing maximum drawdown, and 48% sell an instant-funding account with no evaluation.
Headline figures
8$398
Median cost to a $100,000 funded account
Ranges from $132 to $1,105
n = 34 firms
$3.53
Median cost per $1,000 of funding
Evaluation programmes only - instant funding is priced separately
n = 36 firms
90%
Median maximum profit split
Ranges from 65% to 100%
n = 45 firms
5%
Median phase 1 profit target
n = 43 firms
3%
Median daily drawdown limit
n = 33 firms
4%
Median maximum drawdown limit
n = 45 firms
48%
Firms offering instant funding
26 of 54 sell an account with no evaluation
n = 54 firms
86%
Firms using trailing drawdown
Trailing limits follow your peak balance and are harder to trade than static ones
n = 42 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
3 · 9%
$200 – $349
10 · 29%
$350 – $499
15 · 44%
$500 – $749
5 · 15%
$750 and over
1 · 3%
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 · 16%
81 – 90%
20 · 44%
91 – 95%
5 · 11%
96 – 100%
13 · 29%
How drawdown is enforced
A firm appears in both pairs: style is how the limit moves, basis is what it is measured against.
Trailing maximum drawdown
36 · 67%
Measured on equity
28 · 52%
Measured on balance
14 · 26%
Static maximum drawdown
6 · 11%
Platforms and payments
Share of tracked firms offering each. Most firms offer several, so shares add up to more than 100%.
Trading platform support
TradingView
25 · 46%
NinjaTrader
22 · 41%
Tradovate
22 · 41%
MT5
20 · 37%
Quantower
13 · 24%
cTrader
12 · 22%
MatchTrader
11 · 20%
Trade Locker
10 · 19%
Accepted payment methods
Credit card
23 · 43%
Crypto
20 · 37%
Debit card
20 · 37%
Credit Card
15 · 28%
Apple Pay
14 · 26%
Debit Card
13 · 24%
PayPal
13 · 24%
Google Pay
12 · 22%
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
5 · 9%
2020 – 2021
13 · 24%
2022 – 2023
22 · 41%
2024 – 2026
14 · 26%
Where these firms are based
United States
16 · 30%
United Arab Emirates
9 · 17%
United Kingdom
7 · 13%
Hong Kong
4 · 7%
Czech Republic
3 · 6%
Saint Lucia
2 · 4%
USA
1 · 2%
Saint Vincent And The Grenadines
1 · 2%
Method and limits
How these figures are calculated, and what they cannot tell you.
How the figures are made
Prop Firm Pal tracks 688 prop firms. Price and rule statistics are computed from the 54 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
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Features
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One-step, two-step, instant funding and evaluation program types.
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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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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.
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