2026Reviewed September 2026

Funded by firms that
need you to win.

Most prop firms make their money from challenge fees — which means they profit when you fail. So we read every plan each firm sells, one by one. 2 clear every bar.

···rulebooks read
···plans read one by one
···paid to be here
00

Dataset at a glance

Every number below is counted from the register this site renders, not typed beside it. Where two figures could be confused, this block names them apart.

152
Firms in the register

Every firm this site names, including the ones the section below calls "not judged".

124
Read plan by plan

Every plan each firm sells has been opened and graded individually.

26
Read in summary

Rules read once for the firm; not every plan was priced separately.

2
Screened only

Five-step filter only. No judgement on the firm — an admission about us.

8
Hard bars

Mechanisms that take money out of a trader's pocket. A firm that fails any one is disqualified.

79
Clear every bar

Survive all eight disqualifiers. Separating these is what the scorecard does next.

73
Disqualified

Crossed at least one hard bar. Open the row and the disqualifier is named.

16
Read and graded

Read plan by plan but without the hand-written scorecard a tier requires.

2
Tier 1

Recommended. Clears every disqualifier; named account is one we would open ourselves.

1
Tier 2

With reservations. The plan is worth trading, the objection is printed on the card.

22204
Facts in the register

Cited sentences, recorded silences and figures derived from both.

September 2026
Last reading

The newest date anything in the data carries. Every other date on this site is no fresher than this.

01

The one question that matters

How does the firm make money when you lose?

Every rule a prop firm writes flows from this. A firm whose revenue is challenge fees needs a high failure rate to survive — so its rules are quietly engineered to produce one. A firm that earns from mirroring good traders into the real market needs you to last. Same industry, opposite incentives, and almost nobody checks which one they signed up with.

FTMO, in its own documentation:

FTMO itself actually trades on its own account with its own capital, using, among other things, data from simulated trades executed by selected FTMO clients.
That single sentence is why FTMO is on this list. A firm that trades your signal with its own money has bet on your survival.
02

The filter, step by step

Watch the field collapse

8 bars, each a single question with a verifiable answer. A firm is removed the moment it fails one — no weighting, no averaging, no benefit of the doubt. Every count below is read off the register on this page, not written down beside it.

Firms examined152
  1. 01

    It has to still be trading

    The firms in this register that have shut down are kept here on purpose: a name deleted from a comparison site is a name whose next search lands on an archived sales page, and the date it closed is the single most useful thing anyone can tell you about it. Several of these paid out to the last day and closed when a platform licence was withdrawn — that is on the row too.

    Removes firms that are no longer operating. This bar did not exist until we counted: it was folded into the one below, and when we counted, twenty of the thirty-one firms failing there had closed rather than hidden who they were.

    still standing131
  2. 02

    The rule you buy is the rule you trade

    A firm that sells an end-of-day evaluation and hands you an intraday funded account has not tightened a rule — it has sold you a test it was never going to let you keep. The loss limit has to be identical at both stages, and it has to be published at both stages.

    Removes firms whose drawdown gets harder the moment the account becomes real.

    still standing126
  3. 03

    The floor has to stop somewhere

    Not "it must not trail" — every futures firm trails, and we were wrong to treat that as fatal. The question is whether it ever locks. A floor that freezes at your starting balance stops chasing you; a floor with no stopping point means a profitable week permanently raises the bar, and the account eventually dies on a week that ended in profit.

    Removes only floors that never stop rising — 4 of the 152 firms on this register. An earlier version of this study rejected thirteen here; twelve of those were our error, and seven now carry no disqualifier at all.

    still standing122
  4. 04

    Asking for your money should not move the floor

    The bar is not "the floor must never move on a withdrawal" — several firms here lock a trailing floor at your starting balance when you first withdraw, and for a trader already well ahead that is a gift. What fails is arriving at that floor before the account earned the buffer: one firm sets a $20 minimum request, and $20 can cost several thousand of headroom. The balance is untouched either way. What shrinks is the distance to the number that closes the account.

    Removes firms whose drawdown gets harder because you asked to be paid.

    still standing115
  5. 05

    Money earned stays earned

    Profit already credited is taken back under ordinary trading — the balance itself goes down, because a clause voids the day you went over a cap or the month you withdrew early. This bar used to also carry the payout clauses now on the bar above, and it should not have: no credited profit is deleted there, and calling it a deletion put a sentence in the register the firms' own clauses do not support. A disclosed anti-abuse rule that bites tick scalpers and nobody else is a penalty on the scorecard, not this.

    Removes clauses that void profit already credited to the account.

    still standing108
  6. 06

    Nothing appears after you pay

    A rule you could not have read before buying is not a rule, it is a trapdoor.

    No firm was removed here, and we are not claiming none deserved to be. A rule that only exists inside a dashboard is the hardest thing on this page to prove from outside, and we record only what we could show.

    still standing108
  7. 07

    Somebody has to be answerable

    A company name, a jurisdiction and a registration number you can look up. Not a regulator — most of this industry has none, and demanding one would empty the list. Just a legal person to name if a dispute goes badly.

    Removes firms that name no entity anywhere we could find it. Naming an unregulated company is enough to clear this bar — six firms removed here had their own company, and in one case its registration number, written out in our own write-up of them. They are back in the ranking.

    still standing107
  8. 08

    No fabricated-reviews warning on its Trustpilot profile

    Trustpilot withholds the rating and serves a fabricated-reviews warning: a third party concluding the firm faked its own reviews. A low score is not this — every prop firm has furious traders. We checked all 151 profiles in a browser rather than trusting an aggregator.

    Removes firms carrying an active fabricated-reviews warning on the day we read it — 34 of the 152 rows on this register carry one.

    still standing79

79 firms clear every bar. That is not a recommendation — it only means none of them takes money out of your pocket by design. Separating those 79 is what the scorecard is for, and it is where almost all of them come apart.

03

The rule that decides everything

The only question is whether it stops

Same $50,000 account. Same $2,000 limit. Same week of trading. Two of these four accounts are already dead.

Five days. You run the account up to $53,400, give part of it back, and close the week at $50,800 — up $800, never once down on the week.

Static

daily close50,000
floor$48,000

Set at $48,000 on day one. Never moves again.

$2,000 of room left

Trailing, then frozen

daily close50,000
floor$48,000

Chases your peak until it reaches your starting balance — then locks there permanently.

$2,000 of room left

Trailing that never stops

daily close50,000
floor$48,000

Rises at every daily close, with no ceiling. Each good day permanently raises the bar.

$2,000 of room left

Trailing on live equity

daily close50,000
floor$48,000

Rises tick by tick with unrealised profit, with no ceiling. Money you never withdrew, never closed, never had.

$2,000 of room left

Note what separates the survivors from the dead: not how much you lost — you ended the week in profit in all four — but whether the floor ever stopped rising. That is why we grade on the freeze, and why a firm is never a verdict. The same brand routinely sells one plan from column one and another from column four.

04

How to read a verdict

Six outcomes. Only three of them are a ranking.

A rank is a verdict, and a verdict requires having looked. Most of this register was never ranked at all — and saying that plainly is more useful than the number we used to print in its place.

Three outcomes that are not a rank

This study used to have three tiers, and everything that was not recommended fell into the third: 124 firms out of the 143 the register held at the time. A company a third party caught fabricating its own reviews, a clean company with a mediocre score, and a company nobody here has examined all wore the same badge, in the same grey, on rows a reader could not tell apart. Those are not rankings. One is a named mechanism with a quotation behind it; another is an admission about our coverage. And there is now a third, which for a while this page contradicted itself over: firms we did read, plan by plan, whose grade lives in the derived evidence — three answers and a payment-promise score computed from their own documents — rather than in the five-axis scorecard the tiers are ranked on. None of the three belongs on a scale of better and worse, so none of them is on one.

READ · GRADED16

We read this firm plan by plan, and its numbers are published — they live in the derived evidence on its card, not in the five-axis sieve the tiers are ranked on. The grade here is the evidence itself: three answers and a payment-promise score, each computed from the firm’s own documents with a citation behind every input. What it does not have is the hand-written scorecard a tier requires.

DISQUALIFIED73

Crossed one of the seven hard bars. Open the row and it names which one, with the mechanism spelled out. This is not a low grade — no quantity of virtue elsewhere buys it off, which is why it carries no rank at all.

NOT JUDGED2

We have no scorecard for it. That is not a verdict on the firm — it is an admission about us. Listed anyway, so that a firm you found somewhere else is not a blank to you.

And three, for the firms we judged and that cleared every hard bar

61 firms have a scorecard and nothing disqualifying against them. Only those are ranked. Tier 1 additionally requires that we read every plan the firm sells — because a recommendation you can act on cannot rest on a page we skimmed, and because that is what makes the recommendation defensible when the firm disagrees with it.

TIER 1We would take it3

Clears every disqualifier, scores high on the axes that cost you money, and we read every plan it sells. We would open the named account with our own money.

TIER 2With reservations10

No disqualifier applies, and there is a plan here worth trading — but something real is wrong, and we name it. Read the reservation before you pay.

TIER 3We would not take it48

Judged, clean of all seven hard bars, and the scorecard still came in under the bar. Nothing here is an accusation — it is a firm we would not open an account with, and the card says on which axes it fell short.

The 10 that are never scored, only failed

Each of these describes a mechanism that takes money out of your pocket, or leaves nobody to hold responsible. No quantity of virtue elsewhere buys them off — that is the whole difference between a disqualifier and a bad grade.

01

Drawdown changes when funded

Sold under one rule, traded under a harder one. The account you qualified for is not the account you are given, and the difference is only legible after you have paid.

02

The floor never stops rising

Not "it trails" — every futures firm trails. This is a floor with no stopping point, so a profitable week permanently raises the bar you must clear, and the account is eventually closed on a trade that ended in profit for the week. Firms whose floor locks at your starting balance are graded on the scorecard instead: once frozen, it chases nothing.

03

Asking for money moves the floor

Your balance is untouched — what shrinks is the distance between it and the number that closes the account, and the trigger is you requesting a withdrawal. This is not the same as a floor that locks at your starting balance on its own, which several firms here do and which costs nothing: it is arriving at that floor before the account earned the buffer. One firm sets a $20 minimum request, so $20 can cost several thousand of headroom. Sibling of the first drawdown bar: that one fires at a stage boundary the firm controls, this one at a moment you choose.

04

Deletes profit you earned

Money already earned is taken back under ordinary trading — the balance itself goes down. Where the line sits matters twice over: a disclosed, avoidable anti-abuse rule that bites tick scalpers and nobody else is a penalty on the scorecard, not this; and a payout that moves your drawdown without touching your balance is the bar above, which used to be filed here and was the wrong accusation.

05

Rules appear after you pay

A rule you could not have read before buying is not a rule, it is a trapdoor.

06

Asking to be paid ends the account

The account you bought is terminated by the one action it was sold for. Whatever opens afterwards is a different account, which means the history, the buffer and the standing you built are not carried across. Fifteen plans across six firms publish a clause of this shape; what earns the code is the account ending BECAUSE of the request, not a firm that pays your balance out and opens a fresh account as housekeeping.

07

Every payout restarts the climb

The money already paid is yours and none of it is clawed back. What resets is the profit you must make before you may ask again, so the second cheque is a fresh evaluation nobody sold you, and the third is another. Eleven plans across five firms. Read next to the consistency rule rather than under it: that one postpones a payout until the ratio dilutes, this one sets the target back to zero.

08

Nobody to hold responsible

No company named anywhere a customer can find it before paying. If a dispute goes badly there is no counterparty to name in it. Naming an entity is enough to clear this bar — an unregulated company you can find in a public register is a low score on backing, not a disqualification, and six entries carrying this code named their own company in our own write-up.

09

The firm has closed

It stopped operating, and the date is on the row. Kept in the register rather than deleted so that somebody searching the name lands on when it closed instead of on an archived sales page. This is not a judgement of how it treated traders while it ran — several of these paid out to the end and shut down when a platform licence was withdrawn.

10

Trustpilot: fabricated-reviews warning

Trustpilot withholds the rating and serves a fabricated-reviews warning — a third party concluding the firm faked its own reviews. A low score is not this; every prop firm has angry traders. This is separate from having no legal entity: a firm can publish its registration number and still be caught doing it.

What survives is scored on five axes

Zero to five each, twenty-five total. Scored rather than gated, so a firm with one weakness and four strengths is not thrown out with the frauds. Tier 1 additionally requires three things the total cannot buy off: a floor that does not chase you, somebody real standing behind the account, and that we read every plan on offer. A firm cannot be recommended on volume of small virtues, and it cannot be recommended out of a page we skimmed.

Drawdown0–5

Does the floor ever stop rising? 5 = Static at both stages — the floor never moves · 0 = Trails your live equity and never stops

Backing0–5

Who is legally on the hook? 5 = The company you contract with is itself regulated · 0 = No entity named, or the licence belongs to someone else

Getting paid0–5

What can actually reach your bank? 5 = No cap, no minimum, paid on request · 0 = Payment depends on their discretion

Coherence0–5

Do their own pages agree? 5 = Every page we read agreed with every other · 0 = The contradiction takes money you already earned

Record0–5

Is there a history to check? 5 = Years of operation, proven payouts, a published pass rate · 0 = Reviews suppressed for manipulation, or the firm is gone

Total25

How backing is graded

Regulated somewhere beats regulated nowhere, even when you contract offshore. The old version treated both as the same zero, which is simply false: a group with a real licence has an asset a regulator can threaten.

5

The company you contract with is itself regulated

4

The group owns a regulated broker or FCM in the US, EU or UK

3

Clears through a named, registered FCM

2

The group holds a real hard-market licence, but you contract offshore

1

A light-touch regulator only — Mauritius, Comoros, St Vincent, Seychelles

0

No entity named, or the licence belongs to someone else

How a contradiction is weighed

By what the gap costs you, not by its existence. Every firm in this industry has a stale number somewhere. The question is whether the gap is a marketing figure nobody updated, or a risk rule that changes after you have paid.

Disqualifying

The gap takes money you already earned

Serious

The risk rule changes after you have paid

Moderate

Overstates size or speed, but costs you nothing

Minor

A stale marketing figure

Three fields nobody else publishes

A tier is a summary, and summaries hide the specific thing that took the money. Reading every plan turned up three questions the score was too coarse to answer, so each one is now printed on its own next to every plan we read.

Does a payout change the floor?

Three plans sell a drawdown advertised as fixed that is cancelled by your first withdrawal — one moves the loss level up to the starting balance and, in the firm’s words, "it stays there forever". Comparing evaluation against funded never catches it: the tightening fires later, on an action you take yourself. In all three cases the clause sat in the payout policy, not the rules page.

What does a consistency rule cost?

Delay, reduce, or close the account — three very different things sold under one name. Across every firm we read plan by plan, not one consistency rule closed an account or cut an amount; they postponed a payout until the ratio diluted. The widespread belief that these rules blow accounts is wrong, and we would rather say so than inherit the fear.

How much can ever leave?

A cap per request multiplied by a hard limit on the number of requests is the real size of the account, and it is often a fraction of the number on the banner. One plan sold on a $200,000 headline closes after five payouts capped at $2,100 each: $10,500, then start again. We print that multiplication.

And the verdict lands on a plan, not a brand

The same firm routinely sells one account whose floor never moves and another that chases your equity — and the second is usually the cheaper, more advertised one. A firm-level rating averages those together and tells you nothing. So where we read the rules plan by plan, we publish them plan by plan.

05

The shortlist

The ones we would open, and the ones worth knowing.

No two firms from the same owner, and a specific account named for each — because within one firm, plans differ more than firms do. The first group clears every bar. The second sells a plan we would trade behind an objection we print above the card, not below it.

Recommended

Clears every disqualifier, and the named account is one we would open with our own money.

CFDCFD · Forex

FTMO

01

The only firm that documents, in its own words, why it needs you to survive.

Drawdown

10% static

Consistency rule

None on 2-Step / Swing

Withdrawal cap

None on wire or crypto

Paid to traders

$650M+ since 2015

Ten years old, $650M+ paid, registered in the EU, and no consistency rule on funded accounts — the single most common way this industry blocks a withdrawal. In 2025 it acquired OANDA, making it the owner of a CFTC/NFA-registered futures commission merchant. No other firm in this study has regulatory backing of that weight.

Source
FuturesFutures

Topstep

02

Sixteen years, $1B+ paid, and it publishes how many people fail.

Drawdown

EOD, freezes at start

Published pass rate

16.8% — 2025

Withdrawal cap

$2,000 per payout on 50K

Paid to traders

$1B+ since 2010

The longest record in futures by a decade, and the only firm in this study whose transparency extends to publishing its own failure rate: 16.8% of Trading Combines completed in 2025. Its brokerage affiliate is NFA-registered, and the Live Funded Account clears through it — real market execution, not a simulation that pays out.

Source

With reservations

The tier 2 firms we wrote up in full: the ones selling a plan good enough that you will find it anyway. The rest carry a one-line verdict in the register. What is usually missing here is not the rules — it is somebody to hold responsible for them.

FuturesTier 2 · With reservationsFutures

Alpha Futures

03

The only funded futures account we read that removes every rule the others add.

Our reservation

Nobody is named behind it. No clearing FCM appears on its pages, and it is the sister brand of Alpha Capital Group — which the FCA added to its Warning List on 22 November 2023 and has not removed. The warning names the sibling, not this firm, and we will not pretend otherwise; but a group already flagged by a regulator is not a group we can put in tier 1.

Drawdown

EOD, stops at breakeven

Consistency rule

None on Advanced

Withdrawal cap

$15,000 per request

Who stands behind it

No FCM named

Measured on the rules alone this is the best futures plan in the study. The loss limit is end-of-day on closed balance — "calculated from your highest account balance at each day's close" — it stops trailing once it reaches the starting balance, and it is numerically identical in evaluation and funded. There is no daily loss limit at all, no monthly fee once qualified, the activation fee was dropped in July 2026, and CME Level 1 data is covered. Every reservation we have is about who stands behind it, not about how it trades.

Source
06

Every firm we checked

The full register

Every firm carries what we concluded about it — a rank where we judged it, the word "disqualified" where it crossed a hard bar, and "not judged" where we have not looked closely enough to say. Click any row for the evidence, and for the firms we read plan by plan, the verdict on each individual account.

Of these, 126 were read plan by plan — every account they sell, one at a time. Their 555 plans sit side by side in the grid, under the 14 figures that decide which one you could actually finish.

Open the grid
152 / 152
market:
verdict:
reading:

Several firms block automated access to their own rules pages; where that happened we say so on the firm’s card rather than quietly downgrading the claim — where each figure came from is printed there, next to the date we read it. Trustpilot figures are read from its own page for each firm, including the warning it serves when it has withheld a rating.

Codes — DRAWDOWN: trailing that punishes unrealised profit · CONSISTENCY: a funded-account rule that blocks withdrawals · CAPS: a withdrawal ceiling that traps capital · BACKING: no verifiable entity or track record · HIDDEN: rules in the terms that contradict the sales page · TRACK: too young to judge · CONFLICT: shares ownership with a listed firm · WATCH: under observation with published re-entry conditions.

Every firm on this page reserves the right to change its rules without notice, and several rewrite the page that their own terms treat as binding. So each verdict carries the date we read it. Anything marked screened only is an admission about our coverage, not a judgement on the firm.

07

Before you pay anyone

Six patterns worth walking away from

Deliberately unnamed. These are structural patterns, not accusations against any specific firm — and they are what our filters are built to catch.

01

A drawdown that follows your peak

If the limit trails your unrealised equity, giving back paper profit ends your account. The firm risks nothing; you risk everything.

02

Rules that change after you pass

Consistency requirements, best-day caps or minimum trade durations that appear at withdrawal time rather than at purchase time.

03

A review profile that looks manufactured

A wall of five stars with a hard core of one-star payout complaints underneath. Platforms that suspend a rating have already told you something.

04

A jurisdiction chosen to be unreachable

Marketing from London, incorporation on an island with no financial regulator and no recourse. Check the entity, not the office photo.

05

Fees that continue after you are funded

A monthly charge on a funded account means the firm still earns whether you trade well or not. The incentive never flips to your side.

06

A withdrawal cap that quietly traps you

A $1,000 ceiling per request on a six-figure account is not a payout policy. It is a retention mechanism.

08

who else can see it

Can anybody but the firm see the money leave?

Almost every payout figure in this industry comes from the firm that paid it. One kind does not: transfers that settle on a public blockchain, which a stranger can re-derive without asking anybody. We read four sites that claim to track them. One survived. This is what it says about the twenty-nine firms we have read, and nothing here changes a single grade on this site.

The tracker states its own limits more plainly than most firms manage. In its words:

A payout appears here only when it settles on a public blockchain and we can verify it independently. Many firms also pay through bank transfer, card, or crypto rails we don’t track, and none of that is included. Each figure is the amount we can prove — not a firm’s total payout volume.

Two things follow from that, and both are ours to say. A wallet can also pay the rent, so a transfer out of one is not necessarily a trader being paid. And the front table is a rolling window — we read it twice, minutes apart, and one firm’s total had gone down — so we cite the records page, which carries no figure that can go stale, and we publish no volume of our own anywhere.

On the tracker’s list · 8 of 126 firms read

Its transfers settle on a public chain and the tracker names the rail it followed. It is not an audit and it is not a total.

Not on the list we read · 21

We searched that page for every spelling of the name and found none. That is a fact about one list on one day — not a claim that the firm has never paid, or cannot pay.

  • FTMO

    FTMO

  • Topstep

    Topstep · Top Step

  • Apex Trader Funding

    Apex Trader Funding · ApexTraderFunding · Apex

  • Take Profit Trader

    Take Profit Trader · TakeProfitTrader

  • FundedNext Futures

    FundedNext Futures · FundedNextFutures

  • Earn2Trade

    Earn2Trade · Earn 2 Trade

  • Axi Select

    Axi Select · AxiSelect · Axi

  • HyroTrader

    HyroTrader · Hyro Trader

  • The Trading Pit

    The Trading Pit · TheTradingPit · Trading Pit

  • The Concept Trading

    The Concept Trading · TheConceptTrading · Concept Trading

  • Breakout Prop

    Breakout Prop · BreakoutProp · Breakout

  • Crypto Fund Trader

    Crypto Fund Trader · CryptoFundTrader

  • MyFundedCapital

    MyFundedCapital · My Funded Capital

  • PropMarket

    PropMarket · Prop Market

  • Lucid Trading

    Lucid Trading · LucidTrading · Lucid

  • Klein Funding

    Klein Funding · KleinFunding · Klein

  • Mubite

    Mubite

  • Plutus Trade Base

    Plutus Trade Base · PlutusTradeBase · Plutus

  • PolyFundr

    PolyFundr · Poly Fundr

  • Funding Predicts

    Funding Predicts · FundingPredicts

  • ThinkCapital

    ThinkCapital · Think Capital

We have not settled it · 97

An earlier reading of a different tracker put these on a chain and we could not reproduce it. Two readings disagree, so we say so instead of picking one.

Quant Tekel · Maven Trading · TopOneTrader · Funded Trading Plus · Blue Guardian · Elite Trader Funding · SabioTrade · Bullwaves Prime · PipFarm · Phoenix Trader Funding · Global Forex Funds · DNA Funded · Super Funded · FXIFY Futures · Hantec Trader · Alpha Futures · The Funded Trader · Uprofit · Eightcap Challenges · RebelsFunding · FXIFY · Top One Futures · Funded Futures Family · Hola Prime · Bulenox · TX3 Futures · Fidelcrest · Blue Guardian Futures · City Traders Imperium · Lux Trading Firm · Atlas Funded Futures · FTUK · TradeDay · Fintokei · Funded Futures Network · DayTraders.com · Trade The Pool · PropShopTrader · FundYourFX · EmergeProfit · WeGetFunded · Lark Funding · TX3 Funding Forex · Finotive Funding · BrightFunded · Blueberry Funded · FunderPro · Instant Funding · Ment Funding · Nordic Funder · Funding Traders · Goat Funded Futures · Moneta Funded · IC Funded · TheFuturesDesk · AquaFutures · Traders Launch · FuturesElite · Purdia Capital · The Legends Trading · Blueberry Futures · Swiss Firmup · FunderPro Futures · FundedSeat · Redline Futures Funding · Taurus Arena · Zenit Funding · Rev One Trading · Dominion Funding · ATFunded · Atmos Funded · FX2 Funding · iFunds · Wall Street Funded · MVFunded · Pipcy · XLTrade · Monevis Funding · Lionheart Funding Program · Nexgen ProTrader Funding · Darwinex Zero · RaiseMyFunds · BestProp4U · The Forex Funder · Halcyon Trader Funding · Phidias Propfirm · AquaFunded · Audacity Capital · E8 Futures · The Trading Pit (Futures) · 4PropTrader · FundedElite · For Traders · FundedFirm · FundedX · OneFunded · Velotrade

The three we did not use

  • A comparison site with a “payout proof” page for every firm in its directory. Every one we opened was a heading with nothing under it. The URL existing proves nothing.
  • A payout tracker whose front page opens with a discount code for one of the firms it reports on. Evidence sold beside an affiliate link is the arrangement this register exists to name.
  • The claim, repeated across comparison sites, that a Big Four accountancy audits the largest firm in this study. Neither company mentions it anywhere. We can find no primary source, and we are not going to repeat it.
09

Method and disclosure

How this list is built, and how we get paid

01

Primary sources only

Every figure on this page comes from a firm's own documentation, help centre or company register — never from an aggregator repeating another aggregator's marketing.

02

Accounts, not brands

We name the specific plan we would take and the ones we would not. Within a single firm, plan terms vary more than firms vary from each other.

03

The criticism stays in

Every listed firm has a published caveat section. If we cannot write an honest criticism of a firm, we have not researched it enough to recommend it.

04

A living list

Terms change without notice — one plan on this page was discontinued days before publication. Firms under observation carry explicit re-entry conditions, and listed firms can lose their place.

What is quoted, counted

126 firms were read plan by plan, which produced 15279 sentences transcribed from their own pages and 6925 recorded silences — questions we went looking for that their own documents do not answer. Nothing is published without the address, the date and the saved copy behind it, and a checker goes back and looks for every one of those sentences inside that copy. Across the wider register, 276 of the firms’ own sentences sit under the 152 rows, and 0 of the 73 disqualified rows still carry no quotation from the firm they accuse. That last number is the honest one to watch: it can only go down.

Read again, every day

Every page behind a published claim is fetched again once a day and compared with the copy we archived. On 2026-08-06 that was 511 pages: 336 identical to the copy on file, 127 changed in ways our claims survive — a timestamp, a menu, a reworded heading — and 132 archived as a new reading, so tomorrow’s comparison has an honest left side. Nothing here edits the register. A page that no longer supports something we published is withdrawn by a person who read the difference. 8 published claims are currently NOT supported by the page they cite, and are being withdrawn or re-read. Every error in that pile is an error in a firm’s favour. This check last completed 44 days ago. Until it runs again, treat every date on this site as the date it was last confirmed.

Affiliate disclosure

We may earn a commission when a reader opens an account with a listed firm. That relationship is established after a firm passes our filters, never before, and no firm can pay to be listed, ranked higher, or have a caveat removed. Where we have a commercial relationship with a firm, that firm is read in the same published queue position the criterion gives it.

Risk warning

Trading carries substantial risk of loss. Most people who attempt a funded-trader evaluation do not pass — one firm on this page publishes a 16.8% completion rate, and it is among the more transparent. Nothing here is financial advice.

If the best one pays us nothing

Then it stays first, and its row carries no paid link. This is not a preference we are asking you to trust: the 11 modules that produce every score, every band and every position inside a band are compiled without access to the field that holds the commercial relationship, and a check in the build fails — stopping the deploy — if that ever stops being true. The check is run against itself on every build to prove it can still go red. A firm that pays us cannot move up, because the code that decides the order cannot see that it pays. One limit, so the claim is the right size: the register of 152 firms is listed in the order its file is written in, which no code computes and therefore no check can guard. It is a list, not a ranking; the ranking is the page that is guarded.

Partner list

Every commercial relationship this register has ever had, with the date it started and, where it has ended, the date it ended. Departures are never deleted. Beside each firm sit two dates: the day we first read it, and the day the relationship began. The second must be later than the first, or the row shows no paid link at all — a rule enforced in code rather than in policy, so you can check it by reading the two numbers.

There are none. No firm in this register pays us anything today, and no row on this site carries a paid link. This line is generated from the data, not typed: it disappears by itself the day the first relationship is written down.

What we read next, decided in advance

The firewall below protects the order of this list, not the choice of what goes in it. Every score could be honest while the register as a whole was bought, just by reading the firms with affiliate programmes first — and no code can stop that, because choosing what to look at happens before any code runs. So the queue is published before the reading and not reordered: 18 of 22 done. The order comes from measured market size across six independent sources — money paid out, web traffic, organic search, review counts, conversation volume, and presence across comparison sites, that last one dropped as a size signal because being listed mostly measures having an affiliate programme. Per-firm figures are not on these rows: two traffic tools disagree by a factor of three on the same domain in the same month, and printing that would dress a judgement as a reading.

  1. 1FundingPipsCFD · read
  2. 2FundedNextCFD · read
  3. 3Take Profit TraderFutures · read
  4. 4The5ersCFD · read
  5. 5My Funded FuturesFutures · read
  6. 6TradeifyFutures · read
  7. 7FundedNext FuturesFutures · read
  8. 8Goat Funded TraderCFD · read
  9. 9Breakout PropCrypto · read
  10. 10Crypto Fund TraderCFD · read
  11. 11HyroTraderCrypto · read
  12. 12Klein FundingCrypto · read
  13. 13MubiteCrypto · read
  14. 14Plutus Trade BaseCrypto · read
  15. 15Funding PredictsPrediction · read
  16. 16PropMarketPrediction · read
  17. 17PolyFundrPrediction · read
  18. 18MyFundedCapitalPrediction · read
  19. 19BitfundedCrypto
  20. 20PolyFundedPrediction
  21. 21FundedPolyPrediction
  22. 22TradeXPropCrypto

Undecided slot Alpha Futures · Uprofit · Top One Futures. Three firms sit inside the margin of error of each other on every source that measures size. Choosing now would be choosing arbitrarily and calling it a measurement.

The method has a version

Version 6.1.0, with 12 dated entries. The scores on this site come from constants — weights, floors, thresholds, gates — and changing one of them can move a firm between bands without a word of prose changing anywhere. So the build fingerprints all 15 of them: edit a weight without writing down who it moved, and the deploy stops. Every entry says what changed in the machinery and, separately, which firm it moved. The entries below 1.0.0 are marked as reconstructed, because they are: this register kept its reasoning in code comments rather than in a log until now, and presenting a reconstruction as a contemporaneous record is the exact move the site exists to catch.

  • 6.1.0 · 2026-09-01

    Five places where hiding a fact could RAISE a published number, all five caught by tools/check-monotonia.mjs and none of them found by reading a firm — they came from running the check itself across the batch of 45 read this week, and it went from 40 defects to 0. `promise()` picked a firm's headline plan by comparing raw score, which let a plan we read a THIRD of outrank one we read in full by a lucky percentage; hiding a firm-level fact like the entity's name then hurt the fully-read plan's score by the same points but a bigger share of its bigger denominator, and the incomplete plan won. It now compares score times coverage — the raw points earned, which a firm-level fact removes in equal measure from every plan at once — tied on that by coverage. `foldStaged`'s own comment already promised that a concealed middle stage "does not disprove" a tightening; the code let it vanish from the worsens comparison instead, so hiding the EASY stage of a rule that got harder erased the proof it got harder. A concealed middle stage now forces the forfeit, same as the code already said it should. `foldPayoutAlso` took the minimum of whatever a plan actually disclosed, so a plan naming two consequences of a payout — one severe, one mild — scored worse than the same plan silent about the severe one; a concealed sibling in the list now forces the worst score, not the best of what is left. `survival()` checked target and room in a fixed order, so whichever ran first returned an answer for a gap that might have belonged to the OTHER side — a plan whose floor we never read started scoring the moment its target went quiet too, because the target-check ran first and never let the room-check say the floor was ours to begin with. Both checks now run before either is allowed to answer. And `ranking.ts` reused `promise()`'s headline-plan choice for its own comparator figures — ropePrice, owedCeiling, the six the reader actually compares — which answers a different question and can move for a different reason: hiding a PLAN-specific fact such as capPerRequest changed that plan's SCORE, which could hand the pointer to a different plan whose figures happened to place the firm higher. Coverage cannot move that way — the only thing every one of these checks ever does to a fact is turn a stated 'yes' into an 'unstated', and both states stay IN the ratio, so the denominator never changes. `ranking.ts` now picks its own plan by coverage alone, blind to score, which makes it blind to this by construction rather than by chance.

    Nine promise scores moved and no band did — every one of the nine kept the same letter it had, because the fix corrects WHICH plan speaks for a firm, not what any plan is worth. All nine moved the same direction, coverage up to 1.00 and score down, because all nine had been shown off a partially-read plan that scored well by avoiding a question rather than answering it: HyroTrader 7.27 to 4.36, WeGetFunded 5.38 to 3.23, Hola Prime 3.53 to 2.83, Breakout Prop 2.31 to 1.85, Lark Funding 2.69 to 2.15, Fidelcrest 2.23 to 1.34, TopOneTrader 1.84 to 1.48, FXIFY 5.19 to 5.15, City Traders Imperium 1.69 to 1.29 (coverage 0.65 to 0.85, the one short of full). Separately, thirteen firms' RANKING page now draws its comparator figures from a different plan than before — My Funded Futures, The Concept Trading, Lux Trading Firm, The5ers, Blue Guardian, Crypto Fund Trader, DayTraders.com, EmergeProfit, Funded Futures Family, Mubite, Phoenix Trader Funding, ThinkCapital and TradeDay — every one of them a tie at equal coverage between several plans, where the old code broke the tie by score and the new one breaks it by the firm's own file order; no firm's coverage number moved. No band moved from this change either. Forty defects opened this entry; none remain — `node tools/check-monotonia.mjs --all` reads 'Ninguna firma gana por esconder' for the first time since the check existed.

  • 6.0.0 · 2026-08-04

    What a payout does to the rest of the account is now scored. Twenty-six plans publish a clause that changes something the moment you ask for money — the account ends, the profit goal restarts, the consistency window or the day count resets, the position size falls — and the register had recorded every one of them with its sentence and graded none of them. Shown and not scored is the gap this whole site was built against, from the other side: evidence carrying no consequence. It joins the cash axis at weight 3, graded by what the effect costs rather than by whether one exists, which is the treatment the consistency rule beside it already gets. The worst effect a plan publishes decides the grade instead of the sum, because they arrive stacked and adding them would rank a firm with three mild resets below one that closes the account. A firm that states in writing that nothing changes earns full marks, and one whose payout page simply never mentions it scores zero and stays in the denominator. Two disqualifier codes were added for the two harshest shapes, PAYOUT_ENDS_ACCOUNT and PAYOUT_RESETS_GOAL, and deliberately assigned to nobody: the enum records that a clause has a shape, a disqualifier says the shape is predatory in this firm's case, and the distance between those is a person reading the sentence.

    Seventeen grades moved and they moved in both directions, which is the tell that a real question was added rather than a penalty. Nine cash grades fell — FTMO 3 to 2, The5ers 4 to 3, FundedNext Futures 4 to 3, Take Profit Trader, The Concept Trading and Klein Funding each by one — and five rose, because a firm that puts in writing that nothing changes now earns for it: FundingPips, Breakout Prop and Crypto Fund Trader 2 to 3, Funding Predicts 3 to 4. Topstep publishes a number here and gains enough coverage to be graded on this axis at all, 3 where it had none. Six of those changes carry through to "can you keep the money". No firm changed band. The hiding test still reports zero across all 2,897 published facts.

  • 5.0.0 · 2026-08-04

    Each firm is now compared against the firms selling the same product, not against whoever shares its band. A band mixes four markets, and one column showed what that costs: a futures firm charges about $0.10 per dollar of risk where a CFD firm charges about $0.33, so on the figure that answers "does this cost what it is worth", nearly every futures firm outranked nearly every CFD firm — presented as a judgement about firms, and true only about products. The measures were never the problem: inside CFD alone the same rope price runs 0.06 to 1.00, sixteen-fold, and the climb runs 0.75 to 2.40 across the crypto firms that publish it. A POSITION survives the crossing that a value cannot, so "cheapest of the CFD firms" and "cheapest of the futures firms" order a mixed band honestly and the bands did not have to be split. Two of the six figures are answered by one market only — `owedCeiling` has five readings in futures and one in CFD, `timesYourMoney` three and one — so coverage is measured against the figures a market can be compared on at all, or no crypto firm would clear the floor for lacking a futures firm's payout ceiling. A firm's own silence is still charged in full: it takes last place and keeps its weight. The market reaches the ranking as an argument, the way disqualifiers already do, so the module still cannot open the directory and the firewall check still passes.

    The order inside both bands changed. Band C is led by PolyFundr, the strongest of the four prediction firms, where the head of that band was previously decided by a comparison spanning every market at once; The5ers, Topstep and Earn2Trade reshuffled behind it. In band B the three futures firms still lead, and now that means they place well among futures rather than that futures is cheap. No firm changed band — bands come from the payment-promise score, which this does not touch. It also closed the last three monotonicity breaks on the page: MyFundedCapital could gain places by deleting the per-payout cap from its best plan, which promoted the runner-up plan and its figures, and inside a field of four prediction firms that swap no longer buys anything. `tools/check-monotonia.mjs --orden` now reports zero and gates the build.

  • 4.0.0 · 2026-08-04

    A firm can no longer improve its place inside a band by removing information from the comparison. Two faults in `fitBand`, the same fault twice: a silence used to leave the average of positions, so a figure that placed a firm badly could simply be deleted — PolyFundr sat mid-table on climb at 0.50, and deleting the phase target that figure is computed from moved it from third in its band to first. And a silence used to leave the POPULATION, so a firm that was worst on a measure could hand last place to the second-worst by walking off the field: MyFundedCapital passed a competitor on rope price without one of its own numbers changing. Now an unstated figure takes last place on its measure and stays in the count, which is what every score on this site already does with a silence. Found by `tools/check-monotonia.mjs --orden`, which re-ranks the whole register under four reader profiles for every fact a firm could delete; it reported 24 breaks across seven firms and now reports three. `ranking.ts` is also signed into this fingerprint: its band gates and measures were covered from the start and the two private functions that decide the order were not.

    The order inside both bands changed. In band C, Lucid Trading moved from fourth to first and Earn2Trade from second to fifth; Topstep and four other firms crossed the fit floor and are now placed instead of trailing the band under "not enough read", because their own silences are readings. In band B, FundedNext Futures and The Concept Trading swapped second and third, and HyroTrader is now placed at the worst possible fit rather than unplaced. No firm changed band: the bands come from the payment-promise score, which this does not touch. The direction is consistent — firms that publish these figures gained on firms that do not, which is the whole point and was not true before.

  • 3.0.0 · 2026-08-04

    Two figures stopped walking past a firm's silence. `survival()` took the steepest target among the phases a firm STATED, so a plan that published 8% for one phase and nothing for the next was graded on the 8% — the unpublished phase was not measured badly, it was not measured at all. `buffer()` did the same thing one field over, walking back to a shallower stage's loss limit when the deeper one was left blank. Both now stop at the silence and score it as a silence: zero, and inside the denominator, which is the rule the rest of the register already followed. Found by a new gate, `tools/check-monotonia.mjs`, which takes every one of the 2,895 facts the 29 read firms published, rewrites it one at a time as a silence, and recomputes everything the site prints — the promise score, the six axes, the three questions and the band. Before this entry, 26 of those rewrites made a number go UP. The same run also found that `cifras.ts` was not covered by this fingerprint, which is why the file that holds both functions is now signed alongside `axes.ts`.

    Two firms lost a grade on the challenge axis and with it the "will you pass" answer: HyroTrader 3 to 2 and Klein Funding 4 to 2. Both publish an evaluation drawdown and leave the funded one blank, and both were being credited with the exam figure as though it described the account they end up in. Eleven more figures across My Funded Futures, Crypto Fund Trader, Mubite and Funding Predicts changed from a number to "they do not say" — the register's own reading of those pages, now printed instead of averaged over. No firm gained. The worst case removed was FTMO, whose challenge axis rose a full point for deleting one phase target, and the pattern reached nine firms including FundingPips and FundedNext.

  • 2.0.0 · 2026-08-03

    A sixth verdict key: read · graded. Not one weight, threshold or scale moved — the fingerprint above this entry is the same one 1.0.1 sealed. What changed is who wears which badge: a firm the register read plan by plan but never hand-scored on the five axes used to fall through to "not judged", and now the verdict looks the name up in the generated index of read firms and says so. The paid-link gate learned the key the same day and treats it exactly like "not judged" — the reading exists; the sentence a paid link needs does not.

    Eight firms moved from NOT JUDGED to READ · GRADED: HyroTrader, Klein Funding, Mubite, Plutus Trade Base, Funding Predicts, PropMarket, PolyFundr and MyFundedCapital. Before this key the site published a contradiction — those eight wore "not judged" on the directory while the grid and the ranking graded them on the same screen. No tier moved, no score changed, and no firm gained a paid link; checked over all 151 rows, the only verdicts that changed are those eight, in that one direction.

  • 1.0.1 · 2026-08-01

    Nothing in the method changed. What changed is how much of it the version number is nailed to: the fingerprint now covers the thirty scales inside axes.ts — the functions that turn a read fact into a number out of five — by hashing that module compiled, rather than only the constants it exports. Until today an edit to any of those thirty could move a firm while the published version stood still, and the tool said so in its own header rather than hiding it.

    No firm moved, and none could have: not one line of arithmetic was touched. The entry exists because the fingerprint changed, and a fingerprint that changes without an entry is exactly what this log is for — including when the answer is "nothing moved". Proved rather than asserted: a private weight was changed on purpose, the fingerprint moved, the change was reverted and the fingerprint came back identical.

  • 1.0.0 · 2026-07-30reconstructed

    The payment-promise score stopped being compared against absolute point floors while it was normalised over what we had read. Band membership is now computed from points actually earned — score multiplied by coverage.

    Lucid Trading moved from band B to band C. It published 5.1 out of 10 with two of the three heavy questions unread; in absolute points that is 3.1. The old arithmetic meant a question we never asked raised the average, which is the one thing this register promises never to allow.

  • 0.9.0 · 2026-07-30reconstructed

    A challenge alone on a figure stopped counting as having won it. Placement now returns nothing when there is no rival to place against, instead of returning first place.

    Lucid Trading led band B on a figure no rival had. Our reading of it had become its advantage — a first place against nobody, averaged in as the best possible result.

  • 0.8.0 · 2026-07-30reconstructed

    The coverage floor for the fit ordering is measured against our own even weighting, not against the reader’s sliders. A reader’s profile now changes the order and never what counts as enough reading.

    With one weight pushed to its maximum and the others to zero, a firm read on that axis alone reported full coverage and led its band labelled best fit, with four of five figures unread.

  • 0.7.0 · 2026-07-30reconstructed

    A seventh comparable figure was added: what requesting a payout does to the loss floor.

    It had been left out with the written reason that it "barely varies among the survivors". Measured against the data, it separates four of the seven — more than a figure that was already in. The argument was made in good faith and was wrong.

  • 0.6.0 · 2026-07-30reconstructed

    A firm in tier three — the band published as "we would not take this" — became ineligible for a paid link, on top of the disqualified rows that already were.

    Moved nobody: there is no paid link anywhere in the register yet. It is stricter than the plan asked for, and it costs us money rather than costing the reader anything, which is the direction every other gate in that file already errs in.

Who publishes this

This page is written and paid for by Alvaro Rhea, an individual in Quito, Ecuador, working under the name Lynoia. There is no company behind it: no registered entity, no company number, no regulator, and no jurisdiction whose courts we have agreed to. We ask every firm on this list those four questions and we score them down for each one they leave blank, so here are ours, unflattering and in the same place a reader would look for theirs. Judge this page the way it asks you to judge them — on whether each claim carries a quotation from the firm's own document, dated, with the page saved. That standard is the only thing here that does not depend on trusting us.

Corrections

If a firm on this page believes we have published something inaccurate about it, write to us and point at the specific claim. We reply within five business days. Anything we cannot stand behind against the firm's own documentation is corrected or removed, and the change is dated on that firm's row rather than edited in quietly — a claim that disappears without a trace is as hard to trust as one that never got checked. We do not remove accurate findings, and where the finding is a third party's we say whose it is and link to it.

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