NYS Markets

5.0 out of 10

Forex & CFDs · MT5 / MatchTrader

Source review

Visit NYS MarketsAffiliate links may pay us a commission, not a better score. Check current terms before paying.

The short answer

Budget traders who want upside: $36 entry on the 2-step, a split that scales from 80% to 100%, and 24-hour payout processing. You want instant funding at full flexibility: instant accounts lock at 80% on a 30-day cycle, and live-account news trading pauses for 10 minutes around events.

Who it suits

Best for

  • Budget traders who want upside: $36 entry on the 2-step, a split that scales from 80% to 100%, and 24-hour payout processing.

Avoid if

  • You want instant funding at full flexibility: instant accounts lock at 80% on a 30-day cycle, and live-account news trading pauses for 10 minutes around events.

How the 5.0 adds up

Challenge Rules5.6
Payouts4.2
Cost5.9
Platform4.9
Support5.5
Transparency3.8
5.0/10

Category assessment weighted across rules, payouts, cost, platform, support and transparency.

How we review firms

3 plans, from $36

Evaluation fee, not an account deposit. Listed prices are before promotions unless stated. Check the current contract and checkout.

PlanFromPrices by account size
2-Step$36$5K $36
1-Step$59$5K $59
Instant$69$5K $69

Account rules

2-Step
Profit target8%, then 5%
Daily loss5%
Maximum drawdown10% static
Consistency and days3 trading days per phase, at least one trade each day
1-Step
Profit target10%
Daily loss3%
Maximum drawdown6% static
Consistency and days3 trading days, at least one trade each day
Instant
Profit targetNo evaluation
Daily loss3%
Maximum drawdown5% trailing
Consistency and days80% fixed split; 30-day payout cycle
Trading conditions, eligibility and operator
PlatformsMetaTrader 5 (MT5), MatchTrader
InstrumentsForex, indices, metals, energies, cryptocurrencies
News trading (evaluation)Allowed
News trading (live/Instant)Restricted within 10 minutes of major events (5 min before, 5 min after)
Overnight / weekend holdingAllowed on all programmes
Expert AdvisorsPermitted (latency arbitrage and HFT exploits prohibited)
Scaling planProfit split increase based on payout history and performance

NYS Markets in numbers

Account Sizes
$5K to $150K
Phase 1 Target
8% (2-step)
Phase 2 Target
5%
Max Drawdown
10% static
Daily Loss Limit
5% (2-step)
Profit Split
80% to 100%
Min. Trading Days
3 days
Platforms
MT5

Payout policy and conditions

Payouts
First payoutAfter first funded trade (standard accounts)
Default cycleEvery 14 days (standard) / every 30 days (Instant)
Profit split80% starting; 90% after 3 payouts; up to 100% with consistent performance
Instant account split80% fixed
Minimum payout$100
Processing timeWithin 24 hours of approval
Payment methodsCrypto and bank transfer
KYC requiredYes, before first payout

Evidence and company

Risk 1

No MT4, DXtrade, or TradingView support

Risk 2

Instant funded accounts locked at 80% split

Risk 3

News trading restricted within 10 minutes of events on live accounts

Risk 4

Instant accounts on a 30-day payout cycle only

Risk 5

Relatively small review count (106 Trustpilot reviews)

Risk 6

Some traders report account suspensions without clear explanation

Risk 7

Maximum account size of $150,000 is below many competitors

3 questions traders ask

Which platforms are available?

MT5 and MatchTrader.

How does the split increase?

Standard accounts start at 80%, rise to 90% after three payouts and can reach 100% with consistent performance. Instant accounts stay at 80%.

Can I trade news?

Allowed during evaluation. Live and Instant accounts restrict trading five minutes before and after major news events.

Before you choose NYS Markets

Match the loss limits, payout conditions and eligibility to how you trade. Read the firm’s current agreement before paying.

Visit NYS Markets

Independent editorial review. Affiliate links may pay us a commission, not a better score. Prop trading involves risk; evaluation fees can be lost. Not financial advice.

Related reading: Model a drawdown limit · Check a consistency rule · Read our review methodology · Get your firm listed

Operator enquiries are separate from editorial scoring.