Prop Firm Reviews & Comparison

Proprietary (prop) trading firms provide traders with company capital to trade financial markets. The typical flow: you pay an evaluation fee, pass a challenge by meeting profit targets without exceeding drawdown limits, then receive a funded account. Profits are split between you and the firm. Key metrics to compare: drawdown rules (trailing vs static vs EOD), profit targets, payout frequency, and allowed trading instruments. PropMason tracks all these data points across dozens of firms to help you make informed decisions.

PropMason uses a data-driven scoring system that affiliate commissions cannot influence. The overall score (0-10) is computed from quantitative factors including: maximum drawdown percentage, daily drawdown limits, profit split ratio, profit-to-drawdown ratio (PD ratio), minimum and maximum account sizes, evaluation steps required, payout frequency and minimums, allowed trading tools (EA, HFT, copy trading), platform availability, average spreads, and historical rule change frequency. We also monitor for silent rule changes that firms make without announcement, which negatively impacts their score.

Some links on PropMason earn us a commission when you sign up with a firm, and we disclose those on our affiliate disclosure page. The commission buys nothing else. No firm pays for a higher rank, a better score, or a review, and we don't run sponsored content. Scores are built from the firm's own pages and terms documents, each observation dated so you can see how current it is, using the method published on our methodology page. When a firm quietly changes a rule, our monitoring catches it and the change goes into the public changelog whether the firm announced it or not. Think a score or a link is wrong? Email support@propmason.com with the URL and what you saw, and we'll correct it.

We read each firm's pricing, terms and FAQ pages every day. When a rule changes — say a drawdown limit moves from 5% to 4% — the change is logged with the old value, the new value, the date it was found and the page it came from, and the changelog on the firm's page keeps the full history. Editorial write-ups like the risk analysis are refreshed separately.

The comparison feature at /compare allows you to select multiple prop firms and view all their metrics in a structured side-by-side table. Compared dimensions include: evaluation structure (steps, targets, time limits), risk management (drawdown type, max drawdown, daily limits), economics (profit split, payout frequency, payout minimums), trading conditions (spreads, platforms, allowed tools), and overall scores. You can share comparison links with others. The comparison data uses the same cached dataset as the main listings, so it's always up-to-date.