Prop Firm Rules Cheat Sheet (2026)
Disclosure: links on this page are affiliate links. Rules as reported in October 2026; firms change them often, so confirm before buying.
Futures firms
| Firm | Drawdown | 50K target / max loss | Consistency | Split | Pricing | Payouts |
|---|---|---|---|---|---|---|
| Lucid ✓ | EOD trailing | $3,000 / $2,000 | Varies by plan | 90% | One-time, no activation | Fast; Flex cap $2,000 |
| FundedNext Futures | EOD trailing | Varies by plan | 40% on some plans | 80–95% | One-time (Flex 50K ~$49 promo) | Daily to 5 benchmark days |
| Topstep | EOD trailing | $3,000 / $2,000 | Best day ≤ ~55% | 90% | $49/mo + $149 activation | 5 winning days or 3 days |
| Apex | EOD or intraday (pick EOD) | Plan-dependent | None to pass; 50% on payouts | ~100% (reported) | One-time + activation | 5 qualifying days |
| My Funded Futures | EOD (Rapid funded: intraday) | Plan-dependent | Plan-dependent | 90% | One-time | Plan-dependent |
| Alpha Futures | EOD trailing | Advanced: $4,000 / $1,750 | Zero: none; Advanced: 40% | 90% | One-time | Plan-dependent |
CFD & forex firms
| Firm | Drawdown | Targets | Daily limit | Split | Fee refund | First payout |
|---|---|---|---|---|---|---|
| FTMO 2-Step ✓ | 10% static | 10% / 5% | 5% (counts open trades) | 80% → 90% | Yes, 1st payout | Day 14 |
| FundedNext 2-Step | 10% static | 8% / 5% | 5% (counts floating) | 80% → 95% | Yes, 1st payout | After 21 days |
| Crypto Fund Trader 2-Step ✓ | 10% static | ~8% / 5% | 5% | 80% (90% add-on) | No | Sources differ |
| FTMO 1-Step | 10% trailing | 10% | 3% | 90% | No | Check plan |
| FXIFY two-phase | 10% static | 10% / 5% | 5% | Up to 90% | Check plan | Check plan |
The five rules that end most accounts
- Intraday trailing drawdown: it follows open-profit peaks. Buy end-of-day (futures) or static (CFD). Why
- Daily loss limits that count open trades: size so a full stop-out on everything open can't breach the day.
- Consistency rules: one big day can raise your target or lock your payout. Keep days even-sized.
- Hold-time and news rules: read the funded-account terms, not just the evaluation. Scalping rules
- Bot rules: many firms ban shared or commercial bots; Apex reportedly bans all. Bot rules
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