Comparison · Updated 31 Jul 2026

Prop firm comparison

Account size and payout split are what firms advertise. Drawdown type is what actually decides whether you keep the account. This table leads with the rules that end accounts, and marks which figures have been checked against the firm and which have not.

Checked against the firm's own published rules Not independently verified — confirm before trading

Futures prop firms

All futures-only. None of these offer spot forex or CFDs — the nearest FX equivalent is CME FX futures.

Firm Verified Drawdown type Daily loss rule Contract cap Profit target Split
Take Profit Trader Yes EOD trailing (Test)
Intraday (PRO)
EOD (PRO+)
None — at any stage 3 / 6 / 9 / 12 / 15
by 25k→150k
6% of account 80/20 PRO
90/10 PRO+
Apex Trader Funding Yes · 1 Aug 2026 Trailing — EOD or intraday by product PA has tier DLL · eval trail is primary buffer in calculator Eval: 4 / 6 / 8 / 12 minis
25k→150k · 10 micros = 1 mini
Max DD: $1k / $2k / $3k / $4k
25k→150k (EOD PA table)
Confirm on Apex
Topstep Yes · 1 Aug 2026 Trailing MLL (EOD ref, realtime incl. unrealised); locks at start Optional on Combine/XFA
$1k / $2k / $3k if set at purchase
5 / 10 / 15 minis
50 / 100 / 150 micros
MLL $2k / $3k / $4.5k
Combine profit tgt 6%
Up to 90% (program-dependent)
FundedNext Futures
Flex
No Static max loss (EOD) Yes — $750 on a 50k Not confirmed Not confirmed Not confirmed
FundedNext Futures
Legacy / Rapid
No Trailing Yes — $1,000 on a 50k Not confirmed Not confirmed Not confirmed

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CFD / forex prop firms

These trade CFDs, not exchange futures. Sizing is in lots, and leverage caps bite long before your risk budget does.

Firm / model Verified Daily loss Max loss FX leverage Gold leverage
FN Stellar 2-Step No 5% initial 10% static 1:100 1:10 (cut Jan 2026)
FN Stellar 1-Step No 3% initial 6% static 1:30 1:15 (commodities)
FN Stellar Lite No 4% initial 8% static 1:100 1:25 (commodities)
FN Stellar Instant No None 6% trailing 1:30 1:7.5 (commodities)
FTMO No 5% 10% 1:100 Varies

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Read the drawdown column first

If you take one thing from this page: drawdown type matters more than account size, profit target, or payout split. It is the difference between a rule you can plan around and a rule that moves while you trade.

The same strategy can pass on one and die on another with nothing changed. This is why the Test-to-PRO transition catches so many people at Take Profit Trader: the Test forgives intraday drawdown and the funded account does not.

Apex vs Topstep

Both futures-only, both trailing, and the honest summary is that they suit opposite temperaments.

Topstep runs the tighter daily loss limit. That is a constraint, but constraints are protective — the daily wall stops a bad morning turning into a dead account. It fits a trader who takes few, planned trades and wants the platform to enforce discipline they might not enforce themselves.

Apex gives more daily room and runs several products whose trail mechanics differ meaningfully. That flexibility rewards traders who already know their own risk profile and punishes those who do not read which product they bought. The most common Apex surprise is not the daily number at all — it is discovering the trail was intraday rather than end-of-day.

If you are choosing between them on the numbers alone, you are choosing on the wrong axis. Choose on whether you want a hard daily wall.

Take Profit Trader vs everyone else

TPT's headline feature is the absence of a daily loss rule, and it is genuinely different — but not in the direction the marketing implies. No daily limit does not mean more room. It means no wall. Every other firm here will stop you out of the day and let you come back tomorrow with the account alive. TPT will let you keep going until the trailing drawdown is gone.

The other structural quirk is that TPT's drawdown does not scale with account size. A 25k gives you 6% of room; a 150k gives you 3%. Scaling up buys you half the proportional cushion while the profit target scales linearly at 6% of account. That trade-off is invisible in every comparison table that just lists "trailing drawdown" and moves on.

The column almost nobody publishes

Contract caps. Futures firms limit maximum position size per account, and exceeding the cap breaches the account on its own — the dollar risk is irrelevant. Your broker's margin will happily let you take 40 contracts on an account capped at 6.

This is the most avoidable way to lose an evaluation, and it is barely mentioned anywhere. The calculator on this site enforces the cap for firms where we have confirmed the figure, and tells you when it has floored your size.

Why some rows say "not confirmed"

Because they have not been checked against the firm's own published rules, and stating a number we have not verified would be worse than stating none. Prop firm rules change without notice — daily limits move, drawdown types get switched, consistency rules appear overnight. Review sites that scraped a number in 2024 are still confidently displaying it.

Rows are promoted to verified as each firm's live rules are read directly, with the date recorded on that firm's page. If you want the gaps closed in a particular order, the fastest way to tell us is to ask.

Know the rules? Now size against them.

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