Two-step, one-step, and instant-funding challenges for traders running discretionary and rule-based strategies on FX majors, indices, and CFDs.
Scores reflect rule architecture, payout reliability, cost, platform, and support.
The 5%ers8.4/10Trustpilot 4.7 · 41.5kUp to 100% splitTradingView, MT5, cTrader · since 2016CodeRead reviewVisit
FundedNext8.4/10Trustpilot 4.5 · 74.0kNews trading allowedNo time limitMT5, cTrader, Match Trader +1 · since 2022Up to 41% offRead reviewVisit
FXIFY8.4/10Trustpilot 4.3 · 6.6kOn-demand payoutsUp to 100% splitMT5, DXTrade, MT4 +1 · since 202335% offRead reviewVisit
SabioTrade8.1/10No time limit and no minimum trading days55% consistency rule on evaluation daysSabio Traderoom (QuadCode) · since 202130% offRead reviewVisit
For Traders8.1/10Trustpilot 4.5 · 254News trading allowedNo time limitcTrader · since 202315% offRead reviewVisit
FTMO8.0/10Trustpilot 4.8 · 56.0kFee refundedNo consistency ruleMT5, cTrader, MT4 +1 · since 2015No confirmed codeRead reviewVisit
E88.0/10Trustpilot 4.3 · 3.3kNo minimum daysUp to 100% splitTradingView · since 202115% offRead reviewVisit
Funded Trading Plus8.0/10Trustpilot 4.4 · 2.6kOn-demand payoutsNo minimum daysMT5, cTrader, DXTrade +1 · since 202130% offRead reviewVisit
TradersYard8.0/10Trustpilot 4.7 · 66Fee refundedOn-demand payoutsAgenaTrader25% offRead reviewVisit
Maven Trading8.0/10No minimum daysNo consistency ruleMT5, Match-Trader · since 202210% offRead reviewVisit
VeloTrade8.0/10Trustpilot 4.2 · 430Weekly payouts after 14 daysNo consistency ruleDXTrade · since 202625% offRead reviewVisit
Klein Funding8.0/10Trustpilot 4.9 · 150On-demand payoutsNo minimum days (Cleo and Bybit)Bybit, Cleo · since 202410% offRead reviewVisit
Funding Pips7.9/10Trustpilot 4.4 · 72.2kUp to 100% splitMT5, cTrader, MatchTrader +1 · since 202220% offRead reviewVisit
GoatFundedTrader7.9/10Trustpilot 4.8 · 5kUp to 100% splitNo consistency ruleTradeLocker · since 202350% offRead reviewVisit
Eightcap Challenges7.9/10Broker-Backed ExecutionNo Time LimitMT4, MT5, TradeLocker +1 · since 202520% off all challengesRead reviewVisit
HolaPrime7.8/10Trustpilot 4.5 · 1kNews trading allowedNo time limitMT5, cTrader, DXTrade +1 · since 202450% offRead reviewVisit
The Trading Pit7.8/10EOD drawdownNo minimum daysMT5, cTrader, MT4 · since 202240% offRead reviewVisit
Blue Guardian Capital7.8/10Trustpilot 3.9 · 895EOD drawdownNo consistency ruleMT5, TradeLocker, Match Trader · since 202125% offRead reviewVisit
City Traders Imperium7.8/10Trustpilot 4.3 · 1.7kNo daily loss limitUp to 100% splitMT5, Match Trader · since 201915% offRead reviewVisit
Funded Trader Markets7.8/10Trustpilot 3.9 · 463On-demand payoutsTradeLocker, MT5, cTrader · since 202460% offRead reviewVisit
Fintokei7.7/10Trustpilot 4.5 · 1.1kNo consistency ruleMT5, cTrader, MT4 · since 202320% offRead reviewVisit
Bright Funded7.7/10Trustpilot 4.3 · 500EOD drawdownUp to 100% splitcTrader · since 202340% offRead reviewVisit
Axi Select7.6/10Trustpilot 4.1 · 7.0kStatic drawdownEAs allowedMT4, MT5 · since 2024No confirmed codeRead reviewVisit
Lux Trading Firm7.6/10Trustpilot 4.4 · 662Fee refundedOn-demand payoutsMT4, MT5, Match-Trader · since 20215% offRead reviewVisit
PipFarm7.5/10Trustpilot 4 · 395EAs allowedNews trading allowedcTrader · since 202430% offRead reviewVisit
InstantFunding.io7.5/10Trustpilot 4.6 · 355Fee refundedNo daily loss limitMT5, cTrader, Match Trader · since 202210% offRead reviewVisit
Phidias7.5/10Trustpilot 3.9 · 300No daily loss limitOn-demand payoutsTradovate, NinjaTrader, Rithmic · since 2024Up to 80% offRead reviewVisit
Hydra Funding7.5/10No time limitcTrader, DXtrade, PropX · since 202210% offRead reviewVisit
BlueBerry Funded7.5/10Trustpilot 3.1 · 1.5kNo consistency ruleMT5, TradeLocker · since 202430% offRead reviewVisit
Bem Funding7.5/10Fee refundedNo minimum dayscTrader, DXTrade · since 2024Up to 40% offRead reviewVisit
Upscale7.5/10Three formats: two-stage, one-stage and instant fundingPublished drawdown, profit-day and withdrawal rulesUpscale browser app, Telegram Mini-App15% offRead reviewVisit
Noctorial7.5/10Trustpilot 4.4 · 2kNo minimum daysUp to 100% splitMT5 · since 202215% offRead reviewVisit
Papaya Funding7.5/10Trustpilot 4 · 5CFD challenges at $44Launched October 2026DXtrade, cTrader, MatchTrader +1 · since 202620% offRead reviewVisit
AudaCity7.4/10Fee refundedNo consistency ruleMT5, DXTrade · since 201235% offRead reviewVisit
Capital Mint Markets7.4/10Trustpilot 4.3 · 14Fee refundedMatch-Trader, MT5 · since 202650% offRead reviewVisit
DNA Funded7.4/10Trustpilot 3.6 · 87No minimum daysMT5, TradeLocker · since 202425% offRead reviewVisit
Moneta Funded7.4/10Trustpilot 4.4 · 53No minimum days (Instant Funding)No time limitMT5 · since 202540% offRead reviewVisit
FundYourFX7.4/10Trustpilot 4.7 · 3.6kOn-demand payoutsNo consistency ruleMatch-Trader · since 202160% offRead reviewVisit
One Funded7.4/10Trustpilot 4.4 · 221EAs allowedNo time limitcTrader · since 202420% offRead reviewVisit
Finotive Funding7.4/10Trustpilot 4.2 · 150On-demand payoutsNo consistency ruleMT5, Match Trader · since 202165% offRead reviewVisit
Next Level Funded7.4/10Trustpilot 3.2 · 245Fee refundedOn-demand payoutsTradeLocker · since 2025CodeRead reviewVisit
One Stop Prop7.4/10Trustpilot 4.1 · 73Fee refundedOn-demand payoutsMatch-Trader, TradingView · since 202440% offRead reviewVisit
Tradeify FX7.3/10Three published account pathsClassic uses static maximum drawdownMetaTrader 5CodeRead reviewVisit
Rebels Funding7.3/10Trustpilot 4.3 · 2.5kNo minimum daysNo consistency ruleTradingView · since 2023No confirmed codeRead reviewVisit
Lark Funding7.3/10Trustpilot 4.4 · 580No consistency ruleMatch-Trader, DXTrade, cTrader · since 2022CodeRead reviewVisit
Get Funded Now7.3/10Trustpilot 4 · 182One-time fee, no subscriptionDrawdown locks at 8% profitMetaTrader 5 · since 2023CodeRead reviewVisit
ThinkCapital7.3/10Nexus and Bolt from $39No consistency rule on challengesThinkTrader, TradingView · since 202420% offRead reviewVisit
Forexive7.3/10Trustpilot 4 · 101Static drawdownNo time limitMT5 · since 202420% offRead reviewVisit
Orion Funded7.2/10Trustpilot 4.5 · 1.8kMatch-Trader, MT5 · since 202330% offRead reviewVisit
Ment Funding7.2/10Trustpilot 4.9 · 229No minimum daysNo consistency ruleMT4, MT5, cTrader +1 · since 202140% offRead reviewVisit
SFX Funded7.2/10Trustpilot 4.2 · 500On-demand payoutsNo minimum daysMatch-Trader, MT5 · since 202355% offRead reviewVisit
Paid To Trade7.1/10Trustpilot 4.5 · 500No consistency ruleMatch-Trader · since 202410% offRead reviewVisit
Prime Bullwaves7.0/10Trustpilot 4.3 · 742Up to 100% split (add-on)EAs allowedMT5 · since 202410% offRead reviewVisit
FunderBlu7.0/10Trustpilot 2.7 · 68On-demand payoutsUp to 100% splitMT5 · since 202530% offRead reviewVisit
Elites Funding7.0/10Trustpilot 4.6 · 250No consistency ruleTradeLocker · since 202315% offRead reviewVisit
Sure Leverage7.0/10Trustpilot 3.7 · 1.3kUp to 100% splitTradeLocker · since 202335% offRead reviewVisit
FTUK6.9/10Trustpilot 4 · 648On-demand payoutsTradeLocker · since 202130% offRead reviewVisit
FunderPro6.9/10Trustpilot 3.9 · 1.6kOn-demand payoutscTrader · since 202320% offRead reviewVisit
IC Funded6.9/10Trustpilot 4.4 · 60News trading allowedNo time limitMT5, cTrader · since 202445% offRead reviewVisit
Space Funded6.9/10Trustpilot 4.2 · 36No consistency ruleMT525% offRead reviewVisit
MFA Traders6.9/10Trustpilot 4.3 · 118News trading allowedStatic drawdownMatch-Trader, MT4, TradingView · since 202430% offRead reviewVisit
Traders Launch6.8/10Trustpilot 4.8 · 76No daily loss limitEOD drawdownTradingView, Volumetrica · since 2024No confirmed codeRead reviewVisit
AIFO6.8/10MT5, four current models70%–95% model-dependent splitMT5 · since 2025Read reviewVisit
Funding Traders6.8/10Trustpilot 4.5 · 2.6kFee refundedNo minimum daysMT5, TradeLocker · since 2022CodeRead reviewVisit
Amadeux6.8/10Trustpilot 4.6 · 180EAs allowedNews trading allowedMT4, MT5No confirmed codeRead reviewVisit
Day One Funded6.8/10Genesis 2 Step from $25No time limitDXtrade, MatchTrader, cTrader +1CodeRead reviewVisit
Funded By Elevate6.8/10Two Step from $39New in 2026DXtrade, MatchTrader, cTrader +1 · since 2026CodeRead reviewVisit
Super Funded6.7/10Trustpilot 4.2 · 80Fee refundedNo consistency ruleTradeLocker · since 202430% offRead reviewVisit
Funded Friday6.7/10Trailing drawdownNews trading allowedMT4, MT5 · since 202410% offRead reviewVisit
Pipcy6.7/10Trustpilot 4.5 · 13No daily loss limitNews trading allowed (Mastery)MT5 · since 202555% offRead reviewVisit
2Funded6.7/10News trading allowedNo time limitMT5 · since 2025CodeRead reviewVisit
Equity Edge6.6/10Trustpilot 3.3 · 200No time limitMatch-Trader, MT5 · since 202315% offRead reviewVisit
W Funded6.6/10Trustpilot 4 · 297No consistency ruleTradingViewNo confirmed codeRead reviewVisit
TradeXProp6.6/10Trustpilot 4.7 · 83EAs allowedStatic drawdownMatch-Trader, DXTrade, cTrader · since 2023CodeRead reviewVisit
Trio Funded6.6/10News trading allowedStatic drawdownMT5 · since 2025No confirmed codeRead reviewVisit
Top Trader Prime6.4/10Trustpilot 4 · 31No consistency ruleMT5CodeRead reviewVisit
WeMasterTrade6.3/10Trustpilot 4 · 1.9kDaily payoutsMatch-Trader, MT530% offRead reviewVisit
Funded Academy6.3/10On-demand payoutsNo consistency ruleMT5, cTrader · since 202630% offRead reviewVisit
Prop Funders6.1/10Trustpilot 4.4 · 12No Consistency RuleNo Time LimitcTrader, DXTrade, Match Trader · since 202430% off + 100% refund at 1st payoutRead reviewVisit
Firewood Funded6.1/10Static balance DDMartingale allowedFireTrader · since 202530% offRead reviewVisit
Global Forex Funds6.1/10Trustpilot 4.7 · 100Fee refunded (GFF+)TradeLocker · since 202350% offRead reviewVisit
Pinex Capital6.0/10Trustpilot 4 · 89MT5 · since 202560% offRead reviewVisit
Prop Number One6.0/10Trustpilot 3.9 · 923Up to 100% splitcTrader · since 202420% offRead reviewVisit
The Concept Trading5.9/10Trustpilot 4.6 · 446No daily loss limit (all but Xtreme)Static drawdownTradeLockerCodeRead reviewVisit
Quant Tekel5.8/10Trustpilot 4 · 12.8kOn-demand payoutsNo consistency ruleTradeLocker, MT5, cTrader · since 202360% offRead reviewVisit
Upside Funding5.7/10Trustpilot 5 · 45No daily loss limitNo consistency ruleSince 202410% offRead reviewVisit
Nexira Trade5.6/1015% offRead reviewVisit
NYS Markets5.5/10Trustpilot 3.5 · 2.5kEAs allowedNews trading allowedMatch-Trader, MT5 · since 2015CodeRead reviewVisit
Orion Co Capital5.5/10No confirmed codeRead reviewVisit
Quantum Funding5.4/10Trustpilot 4.4 · 59No consistency rulecTrader · since 202425% offRead reviewVisit
Alpha Trader Firm5.0/10Trustpilot 4.8 · 350No minimum daysTradeLocker · since 202350% offRead reviewVisit
Aqua Funded5.0/10Trustpilot 3 · 1.4kUp to 100% splitMT5, cTrader, TradeLocker +1 · since 2024Up to 50% offRead reviewVisit
Clarity Traders5.0/10Instant, 1-Step and 2-Step AccountsRefundable Fee Add-On50% offRead reviewVisit
Alpha Capital Group5.0/10Trustpilot 4.7 · 19.0kOn-demand payoutsMT5, cTrader, DXTrade +1 · since 2022No confirmed codeRead reviewVisit
Atlas Funded5.0/10Trustpilot 4.2 · 1.0kFee refundedTradeLocker · since 2024Read reviewVisit
Funded Elite5.0/10Trustpilot 4.3 · 173News trading allowedStatic drawdownMatch-Trader, MT5 · since 202320% offRead reviewVisit
Pipstone Capital5.0/10Trustpilot 4.2 · 300On-demand payouts (Instant)Up to 100% splitcTrader · since 20255% offRead reviewVisit
TX35.0/10Trustpilot 3.5 · 4.3kEAs allowedNews trading allowedMatch-Trader, MT5 · since 2021No confirmed codeRead reviewVisit
Axis Funded5.0/10Trustpilot 4 · 55No consistency ruleMatch-Trader, TradingView, MT5 · since 2024CodeRead reviewVisit
AlpineFunded5.0/10Trustpilot 3.6 · 885Up to 100% splitNo consistency ruleMT5, cTrader · since 2024CodeRead reviewVisit
CK Capital5.0/10Trustpilot 4.1 · 348Up to 100% splitNo consistency ruleTradeLocker, MT5 · since 2024No confirmed codeRead reviewVisit
Prop Nimbus5.0/10Trustpilot 4.3 · 225Up to 100% splitTradeLocker · since 202420% offRead reviewVisit
X Funded5.0/10Up to 100% splitNo consistency rulecTrader40% offRead reviewVisit
Plutus Trade Base3.5/10Trustpilot 4.4 · 1.1kOn-demand payoutsNo minimum daysTradeLocker · since 202450% offRead reviewVisit
FundedX3.5/10Trustpilot 3.7 · 50Up to 100% splitcTrader · since 202460% offRead reviewVisit
Tiger Funded2.0/10Trustpilot 1.5 · 576News trading allowedStatic drawdownMatch-Trader · since 202455% offRead reviewVisit Start here
A CFD prop firm funds your trading account after you pass a paid evaluation. You trade forex, indices, gold and crypto CFDs with the firm’s simulated capital, hit a profit target without breaking the loss limits, and keep 70% to 95% of the profit once funded. Your own money is only ever at risk through the entry fee. This is the largest prop firm category: we track 111 CFD firms, scored and re-audited on a rolling cycle.
Looking to spend less on your evaluation? Our list of cheap prop firm challenges compares verified entry prices, and the Eightcap Challenge coupon code is one of the current broker-run discounts.
| 1. Buy a challenge | One-time fee in most cases, from under $50 to over $1,000 by account size. Many firms refund it with your first payout |
| 2. Hit the profit target | Typically 8% to 10% in Phase 1 and 5% in Phase 2 on two-step models. One-step and instant models trade a higher fee or tighter drawdown for fewer phases |
| 3. Stay inside the loss limits | A daily loss limit, usually 3% to 5%, and a maximum drawdown, usually 6% to 12%. Whether the drawdown is static or trailing matters more than the number |
| 4. Get funded | You trade the firm’s capital on a simulated feed. Payouts run on cycles from weekly to monthly, most commonly every 14 days |
| 5. Keep your split | 70% to 95% of profits depending on the firm and scaling plan |
| Static or trailing drawdown? | Static measures from your starting balance. Trailing follows your peak and catches traders who are still net positive |
| Is there a consistency rule? | Rules capping your best day at 20% to 40% of total profit delay payouts more often than drawdown breaches do |
| Is the fee refundable? | Many two-step firms return the fee with the first payout. Instant models almost never do |
| Does the firm have payout evidence? | Dated payout reports and third-party trackers beat a star rating. Several firms in this category advertise ratings their own Trustpilot profiles do not support |
| Who runs it? | A named legal entity and jurisdiction is a real signal. Most firms that failed in the 2024 industry reshuffle named neither |
Our scoring weights challenge rules, payout reliability and cost at 20% each, platform and support at 15%, and transparency at 10%. Full detail on the methodology page, and firms that stopped operating are documented on the shutdown tracker.
Common questions
Put any two firms in this category next to each other on rules, drawdown, splits, payouts and our full scoring breakdown.
Open the comparison toolDrawdown models, consistency rules and payout gates all differ between the firms above. Our prop trading glossary defines 61 of these terms and shows how many of the 168 firms we track use each one.
Looking for a firm that is not in this table? The site index lists every review, comparison, discount code, calculator and guide on PropFirmReviews.net.