Our Verdict

Prop Nimbus launched in March 2024 with a straightforward proposition: a two-step evaluation at competitive prices, a 90% profit split, and bi-weekly payouts. On paper, the fee structure is genuinely cheap. A $5,000 evaluation costs $50. A $100,000 evaluation costs $588. Those numbers sit at the lower end of the market for what you get in return.

The challenge rules are fair in structure. An 8% Phase 1 target and 5% Phase 2 target are standard for a two-step firm. The 10% static drawdown gives traders reasonable room, and removing the time limit removes the pressure that catches many traders out on tighter programmes. The minimum of three trading days per phase is low enough that it is not a meaningful obstacle for most strategies.

The problem is a 45% best-day consistency rule that applies across programmes but is not prominently documented on the firm’s website or in its marketing materials. This rule means no single trading day can account for more than 45% of your total profit. For discretionary traders who rely on capturing one or two strong moves per evaluation cycle, this rule can void an otherwise passing result. Traders on Trustpilot have flagged this as a surprise restriction that was not disclosed at the point of sale. That is a transparency issue. Use our consistency calculator to check your numbers before requesting a payout.

The platform choice is TradeLocker. It is a modern web-based platform with TradingView-powered charting, which is good for traders who prefer a clean interface. The issue is it is the only option. There is no MT4, no MT5, no cTrader, and no DXtrade. Traders who run EAs built for MetaTrader will need to check EA compatibility carefully, and the firm does not publicly document its EA or copy trading policies, which is a gap.

Payout reliability is the biggest open question. The Trustpilot score of 4.3 out of 5 across roughly 225 reviews looks reasonable in isolation. But the volume and pattern of negative reviews, which centre on denied payouts and account terminations citing rules that traders say were not disclosed, is higher than you would expect from a firm at this stage. Legitimate disputes happen in this industry, but the consistency of the complaints around undisclosed rule enforcement is worth taking seriously.

The Instant Funded programme is a useful option for traders who want to skip the evaluation entirely. The tighter 6% trailing drawdown and 3% daily loss limit reflect the higher risk the firm takes on by skipping the qualification phase. The 80% to 100% scaling split is a decent range, though the minimum 6% profit requirement before the first withdrawal adds a hurdle that discretionary traders on small accounts may find frustrating.

Overall, Prop Nimbus is a budget-accessible option that suits traders with consistent, disciplined strategies who can stay well within the 45% best-day rule. The fee structure and payout cycle are strong. The lack of transparency around rules and the EA/copy trading policy gap are real weaknesses that matter for traders who need clarity before committing. Verify the full rules directly with their support team before purchasing an account.