Prop Firm Statistics 2026: Closures, Rule Changes and Scores

Key prop firm findings for Q4 2026

1. 14 prop firms closed, wound down, left prop trading or went offline in 2026 as of 15 November 2026, compared with 19 in all of 2024, according to the PropFirmReviews closed firms tracker.
2. 2 prop firms closed or went offline in the fourth quarter of 2026 up to 15 November 2026: Perpify (closed), Rhodium FX (closed).
3. 20 of the 47 prop firm rule and price changes logged between 26 October 2026 and 15 November 2026 were worse for traders, against 14 that were better (43% and 30%).
4. Payout terms were what prop firms changed most often in that window, appearing in 12 of the 47 logged changes.
5. 66 of the 224 ranked prop firm listings on PropFirmReviews score 7.5 or higher out of 10 (29%), and 47 listings carry a trust warning based on sourced payout complaints.

How many prop firms closed: closures by year and quarter

The PropFirmReviews closed firms tracker lists 45 prop firms that closed, wound down, sold, left prop trading or went offline since 2023, each with a named source. 5 of them have no confirmed closure date. The full records, with what happened to payouts, are on the prop firms that shut down page.

Prop firm closures in 2026, quarter by quarter

A closure is counted in a quarter only when its record names the month. Year-only and undated closures are counted by year only.

Prop firm rule changes since 26 October 2026

PropFirmReviews started logging prop firm rule and price changes every day on 26 October 2026, so these figures cover 26 October 2026 to 15 November 2026 only. In that window 47 changes were logged at 38 firms, each with the firm's current page and an archived copy of the old one. Every entry is on the rule change ledger.

Firms with more than one change in the window: Traders Launch (3), BetFunder (2), Hydra Funding (2), L7 Select (2), MyFundedPerps (2), Prop Shop Trader (2).

Notable prop firm rule changes

• Topstep blocks new mini positions around Tier 1 news15 Nov 2026 · Worse for traders
• VeloTrade raises PRO 1-Step starting price from $35 to $4013 Nov 2026 · Worse for traders
• Traders Launch bans index futures trading near CME price limits11 Nov 2026 · Worse for traders
• Atlas Funded raises Access maximum account size to $400,00014 Nov 2026 · Better for traders
• MyFundedPerps lets Elite traders keep retained profit available for withdrawal14 Nov 2026 · Better for traders

Prop firm scores by market

PropFirmReviews scores 191 prop firms in 224 ranked listings across 8 markets on the same six weighted dimensions: challenge rules, payouts, cost, platform, support and transparency. The scoring methodology explains the weights.

• 143 of the 194 ranked listings with a published drawdown type offer at least one plan with a static maximum drawdown (74%), and 122 offer at least one trailing plan (63%). Many firms offer both.
• 46 of the 224 ranked listings advertise a profit split that can reach 100% on at least one plan.
• 138 of the 224 ranked listings have no time limit to pass the evaluation on at least one plan.

How these prop firm statistics are compiled

Closures

From the closed firms tracker. A firm is added only with a named source, such as the firm's own notice, a regulator or court record, or our own check of its site. Outcomes are the tracker's labels: closed, orderly wind down, exited prop trading, acquired, never fully returned and site offline.

Rule changes

From the rule change ledger. A script reads the firms' pricing, rules and payout pages every day, and each change is published with the firm's current page and an archived copy of the old page as evidence. Sales and discount codes are excluded. Tracking began on 26 October 2026, so nothing earlier is counted.

Scores

Ranked listings on the market hubs, scored with the published methodology. Unrated, directory-only and delisted firms are excluded. A firm listed in two markets counts once per market. Trust warnings come from sourced payout complaints.

Updates

The numbers rebuild every time the site is published, usually daily. The written findings and the edition label are refreshed each quarter at this same address.

Prop firm statistics FAQ