Prop Firm Rules

Complete rules for every major prop firm. Drawdown types, daily loss limits, profit targets, fees, and what they mean for your trading. Updated March 2026.

FTMO
forexindicescommoditiesstockscrypto
The most established prop firm globally. Forex and CFD focused. Static drawdown, strict but fair rules. 2-step evaluation with no time limit.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

80-90%

Starting from:

€155

TopStep
futures
The OG futures prop firm. Monthly subscription model (not one-time fee). EOD trailing drawdown. Must flatten before market close.
Drawdown:

Trailing EOD

Evaluation:

1-step

Profit Split:

90-90%

Starting from:

$49

Apex Trader Funding
futures
Popular for frequent sales (80-90% off). No daily loss limit in evaluation. Uses intraday trailing drawdown (strictest type). Futures only.
Drawdown:

Trailing Intraday

Evaluation:

1-step

Profit Split:

100-90%

Starting from:

$147

The5%ers
forexindicescommodities
Forex-focused with scaling up to $4M. Static drawdown, relaxed rules, news trading allowed. Profit split scales from 50% to 100%.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

50-100%

Starting from:

$95

FundedNext
forexindicescommoditiescrypto
Growing fast. Static drawdown, news trading allowed, up to 95% profit split. Multiple account sizes starting from $6K. 24-hour payouts.
Drawdown:

Static

Evaluation:

2-step

Profit Split:

80-95%

Starting from:

$59

Not sure which firm is right for you?