Prop Firm Trading Journals

FTMO is the largest and most established prop firm, generating $329M in revenue in 2024. Known for strict but fair evaluation rules, FTMO offers traders up to $200K in funded capital with an 80-90% profit split.

Topstep is the leading futures prop firm with a subscription model. They use intraday trailing drawdown, which is the most aggressive drawdown type — your max drawdown follows your equity high in real-time during the trading day.

Apex Trader Funding has paid out $598M+ since 2022, making them the highest-paying futures prop firm. They use end-of-day trailing drawdown, which is more forgiving than intraday trailing.

FundedNext has paid $261M+ to 95,000+ unique traders. They offer a unique Express model alongside traditional evaluations, and feature a consistency rule that limits any single trading day's profit to 30% of total.

The5ers is known for their scaling program — traders can grow accounts up to $4M. They offer tight drawdown rules on Hyper Growth (3% daily / 6% max) which requires careful risk management.

MyFundedFX offers competitive pricing with an 8% max drawdown (tighter than FTMO's 10%). They support a wide range of platforms and offer accounts up to $300K.

E8 Funding offers a streamlined 1-step evaluation with an 8% profit target and 8% max drawdown. Their balance-based drawdown and no minimum trading days make them a popular choice for confident traders.

Fidelcrest is a well-established prop firm offering traditional 2-step evaluations with standard 10%/5% profit targets. They provide accounts up to $200K with an 80/20 profit split.

Bulenox is a futures-focused prop firm offering end-of-day trailing drawdown and a generous 90/10 payout split. Their subscription model and competitive pricing make them a strong Apex alternative.

TradeDay offers a simple 1-step evaluation for futures traders with competitive pricing starting at $49/mo. Their 100% payout on the first $10K and 90/10 split after make them attractive for new funded traders.

Lux Trading Firm stands out with their industry-leading scaling program up to $10M in funded capital. Their tight 5% max drawdown and 4% daily loss require disciplined risk management.

True Forex Funds offers a competitive 2-step evaluation with an 8% profit target in phase 1 and balance-based drawdown. Their affordable pricing starting at $49 makes them accessible to traders of all levels.

City Traders Imperium is a London-based prop firm offering scaling up to $4M. Their 70/30 starting payout split improves as traders scale, rewarding consistent long-term performance.

SurgeTrader offers instant funding with no multi-phase evaluation — pass one audition and get funded. Their accounts go up to $1M but come with a tighter 8% max drawdown and 75/25 payout split.

Maven Trading offers one of the most affordable entry points in the industry starting at just $15. Their 1-step evaluation with 8% profit target and 8% max drawdown keeps things simple for new traders.

Goat Funded Trader offers competitive 2-step evaluations with an 8%/5% profit target structure. Their standout feature is the payout split that scales from 80/20 up to 95/5, rewarding consistent traders.

Funded Trading Plus offers a 1-step evaluation with tight 4% daily / 6% max drawdown. They scale accounts to $2.5M and reward consistency with improved payout splits.

Alpha Capital Group is a UK-based prop firm offering 2-step evaluations with standard 5/10 rules. They focus on transparency and fast payouts.

The Funded Trader offers accounts up to $400K with a standard 2-step evaluation. Known for frequent promotions and a large community of traders.

Blue Guardian offers a 2-step evaluation with 4% daily / 8% max drawdown. Their 85/15 payout split is higher than most competitors at the base level.