Prop Firm Comparison 2026
Last reviewed: August 2026. Prop firm pricing and rules change constantly — often monthly. Always confirm current terms on the firm's own site before you buy.
Below is how the major futures prop firms stack up on the variables that actually decide whether you pass: drawdown structure, profit target, and payout terms. Cost matters least.
Side by side
| Firm | Eval cost (50K) | Profit target | Drawdown | Payout split |
|---|---|---|---|---|
| Apex Trader Funding | ~$147/mo (frequent 60-90% discounts) | 6% | Live trailing, no static daily limit | 100% on first $25K, then 90% |
| Topstep | ~$165/mo | 6% | $1,000 static daily loss limit | 100% on first $10K, then 90% |
| Tradeify | ~$129/mo | 8% | $1,500 static daily limit | 90% |
| MyFundedFutures | ~$97/mo | 8% | $2,000 static daily limit | 90% flat |
| Bulenox | ~$115/mo | 6% | $2,500 end-of-day trailing | 90% flat |
| Take Profit Trader | Varies | Varies by plan | Trailing | 80-90% |
Figures compiled from public firm listings and third-party comparisons as of mid-2026. Treat as a starting point, not a quote.
How to read this table
Drawdown is the column that matters
Live trailing (Apex) follows your account's highest point in real time, including unrealized profit. Go up $800 on an open trade, give it back, and your buffer shrank by $800 — permanently. It punishes holding for larger targets and rewards taking profit.
End-of-day trailing (Bulenox) only moves at the session close, so intraday give-back doesn't count against you. Meaningfully more forgiving.
Static daily loss limit (Topstep, Tradeify, MyFundedFutures) is the simplest to manage: you know exactly how much you can lose today, and it resets tomorrow.
A lower profit target beats a lower price
A 6% target on a $50K account is $3,000. An 8% target is $4,000. That extra $1,000 is more trading days, and more trading days is more exposure to breaking a rule. Paying $30 more per month for a 6% target is usually the better trade.
Consistency rules are where payouts die
Several firms cap how much of your total profit can come from one day — typically in the 40-50% range. If your target is $3,000 and you make $2,000 on a single day, that day may disqualify you even though you're profitable. The fix is planning a multi-day path to the target from the start, not scrambling to fix it afterward.
Which one should you pick?
There isn't a universally best firm — there's a firm that fits how you trade:
- You scalp and take profit quickly: live trailing drawdown hurts you least. Apex is workable, and the discounts are real.
- You hold for larger targets: avoid live trailing. Static daily limits or end-of-day trailing will keep you alive.
- You want the simplest rules to learn on: a static daily loss limit is the easiest structure to build a daily plan around.
- You're on a tight budget: compare after discounts, not before — sticker prices in this industry are close to fiction.
Want the full breakdown? Prop Firms Explained ($37) covers each firm's rules in depth, how to evaluate a firm nobody has heard of yet, and a walkthrough of buying and configuring your first evaluation.
Risk disclaimer: Futures trading involves substantial risk of loss and is not suitable for every investor. This page is educational information only, not investment advice, and not a recommendation to use any particular firm. No result is guaranteed. Prop firm terms change frequently — verify all figures directly with the firm before purchasing. If any link on this site is an affiliate link, we may earn a commission at no additional cost to you.