Prop Firm Reviews & Comparison
Unbiased, Data-Driven Analysis
PropMason ranks published prop firms with Scoring V3 using offer terms, risk rules, payout conditions, reputation, and evidence confidence. Commercial links never buy placement.
Why PropMason
Zero-Bias Data
No paid placement. Public order follows Scoring V3 and source-dated evidence.
Live Verification
Every public data point carries a source and observation date; refresh cadence varies by source.
Silent Change Alerts
Detected rule changes are retained with old and new values when evidence is available.
Composite Score
Scoring V3 balances risk, payout, value, rules, reputation, and data confidence.
Firms tracked
Live prop firm logos from our database
A rotating sample of active firms tracked by PropMason.
Evidence-led ranking / Scoring V3
Prop Firm Database
PropMason ranks 23 published prop firms using source-backed offer data. Overall scoring weights risk and drawdown at 26%, payout at 20%, rule clarity at 15%, cost/value at 10%, reputation and evaluation at 9% each, profit split at 8%, and counterparty standing at 3%.
How to read this ranking
A high Trustpilot rating cannot carry a weak firm. Choose the criterion that matches your use case, then open Why this rank? to inspect strengths, cautions, coverage and observation dates.
Read the scoring methodologyRank firms by
Balanced ranking: risk, payout and rule clarity carry the most weight, while cost, reputation, evaluation, profit split and counterparty standing keep one attractive metric from dominating.
22 of 22 current firms have a score for this criterion
- 01FTMO
90% split · Bi-weekly payouts
59 / 100CBroad scored coverage90%+ profit splitTrailing EOD drawdown
Bi-weekly payouts
Scored coverage
10 offers / 2 programs
Why this rank?
Supported strengths
- Established review sample
- Broad scored coverage
- 90%+ profit split
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 10 offers across 2 programs.
Core scoring evidence is source-backed.
Trustpilot 4.8 from 51K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 02Funding Pips
85% split · On-demand payouts
57 / 100CBroad scored coverageEnd-of-day drawdown
On-demand payouts
Scored coverage
27 offers / 3 programs
Why this rank?
Supported strengths
- Established review sample
- Broad scored coverage
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 27 offers across 3 programs.
Core scoring evidence is source-backed.
Trustpilot 4.5 from 67K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 02The5ers
100% split · Bi-weekly payouts
Also operatesTrade The Pool4.9
Five Percent Online Ltd owns both brands, so it holds one place in this ranking instead of two. Each brand keeps its own score, and you can open either one.
57 / 100CStatic drawdown modelBroad scored coverageStatic drawdown
Bi-weekly payouts
Scored coverage
28 offers / 7 programs
Why this rank?
Supported strengths
- Static drawdown model
- Established review sample
- Broad scored coverage
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 28 offers across 7 programs.
Core scoring evidence is source-backed.
Trustpilot 4.7 from 37K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 04Apex Trader Funding
100% split · Payout schedule varies
56 / 100CBroad scored coverage90%+ profit splitTrailing drawdown
Payout schedule varies
Scored coverage
16 offers / 4 programs
Why this rank?
Supported strengths
- Established review sample
- Broad scored coverage
- 90%+ profit split
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 16 offers across 4 programs.
Core scoring evidence is source-backed.
Trustpilot 4.2 from 21K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 05MENT Funding
80% split · Bi-weekly payouts
55 / 100CBroad scored coverageDrawdown varies by offer
Bi-weekly payouts
Scored coverage
22 offers / 4 programs
Why this rank?
Supported strengths
- Broad scored coverage
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 22 offers across 4 programs.
Core scoring evidence is source-backed.
Trustpilot 4.7 from 232 reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 06Earn2Trade
50% split · Weekly payouts
52 / 100CBroad scored coverageTrailing EOD drawdown
Weekly payouts
Scored coverage
7 offers / 2 programs
Why this rank?
Supported strengths
- Established review sample
- Broad scored coverage
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 7 offers across 2 programs.
Core scoring evidence is source-backed.
Trustpilot 4.6 from 5K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 07Lux Trading Firm
80% split · Bi-weekly payouts
49 / 100CStatic drawdown modelBroad scored coverageStatic drawdown
Bi-weekly payouts
Scored coverage
5 offers / 2 programs
Why this rank?
Supported strengths
- Static drawdown model
- Established review sample
- Broad scored coverage
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 5 offers across 2 programs.
Core scoring evidence is source-backed.
Trustpilot 3.8 from 636 reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 08City Traders Imperium
80% split · Payout schedule varies
48 / 100CBroad scored coverageDrawdown varies by offer
Payout schedule varies
Scored coverage
23 offers / 4 programs
Why this rank?
Supported strengths
- Established review sample
- Broad scored coverage
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 23 offers across 4 programs.
Core scoring evidence is source-backed.
Trustpilot 4.2 from 1.6K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 08TopStep
90% split · On-demand payouts
48 / 100CStatic drawdown model90%+ profit splitStatic drawdown
On-demand payouts
Scored coverage
3 offers / 1 programs
Why this rank?
Supported strengths
- Static drawdown model
- Established review sample
- 90%+ profit split
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 3 offers across 1 programs.
Core scoring evidence is source-backed.
Trustpilot 3.6 from 15K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence - 08TradeDay
95% split · On-demand payouts
48 / 100CBroad scored coverage90%+ profit splitTrailing drawdown
On-demand payouts
Scored coverage
9 offers / 3 programs
Why this rank?
Supported strengths
- Established review sample
- Broad scored coverage
- 90%+ profit split
Cautions / limits
- No material display-level caution was detected.
Evidence provenance
Score coverage: 9 offers across 3 programs.
Core scoring evidence is source-backed.
Trustpilot 4.6 from 1.4K reviews.
Score computed: Aug 20, 2026.
Trustpilot observed: Aug 31, 2026.
Open firm evidence
Showing the top 10 of 23 published firms for Overall. The canonical search ranking remains Overall.
View full rankingBrowse by Niche
Popular Comparisons
See how top firms compare on the metrics that matter most.
Latest Rule Changes
Real-time tracking of firm rule modifications
Maven Trading changed registration fee on a challenge tier from $360 to $342
Maven Trading changed registration fee on a challenge tier from $171 to $153
Maven Trading changed registration fee on a challenge tier from $80 to $62
Maven Trading changed registration fee on a challenge tier from $52 to $34
Maven Trading changed registration fee on a challenge tier from $36 to $18
Learn Before You Fund
Data-backed educational guides for prop traders at every level.
What is Prop Trading?
A comprehensive guide covering how proprietary trading firms work, their business models, and what traders need to know.
Read guideWhat is a Prop Firm?
Everything about prop firm structures, challenge programs, evaluation processes, and how to choose the right one.
Read guideHow to Pass a Challenge
Expert strategies, risk management tips, and step-by-step guidance for prop firm evaluations.
Read guideIntegrity & Trust
Scoring V3 documents how offers are evaluated, balanced by program, and gated before public publication.
Frequently Asked Questions
Everything you need to know about prop firms and how PropMason works.
A prop firm funds traders with its capital. Traders pass an evaluation, then trade a funded account and keep a share of profits (typically 70-90%).
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.
Our composite score weighs 12+ quantitative metrics: drawdown limits, profit splits, payout speed, account sizes, allowed tools, and historical rule stability.
PropMason uses a purely data-driven scoring system with zero affiliate bias. 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 here earn us a commission, and we disclose them. No firm can pay for a rank, a score, or a review. Data comes from official firm pages, dated at the time we read it.
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.
Automated crawlers check firm websites daily. Rule changes are detected within 24 hours and logged with old/new values in the public changelog.
Our automated monitoring system crawls prop firm websites, terms pages, and FAQ sections daily. When a rule change is detected (e.g., drawdown limit changed from 5% to 4%), it's logged with the old value, new value, detection date, source URL, and change type (announced vs silent vs detected). The public changelog on each firm's page shows the complete history. Page data is statically generated and revalidated hourly (ISR) to balance freshness with performance. Manual reviews happen weekly for qualitative data like risk analysis and editorial summaries.
Yes. Our comparison tool lets you select 2-4 firms and view metrics side-by-side: drawdown rules, profit splits, account sizes, platforms, and scores.
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.
Trust and Methodology
INDEPENDENCE
PropMason does not accept payment from prop trading firms for rankings or reviews. All scores are computed from publicly available data using a transparent methodology. Some links on this site may be affiliate links. Our rankings and scores are never influenced by partnerships.
METHODOLOGY
Scoring V3 evaluates offers across nine dimensions, balances programs, and publishes evidence-backed firm scores.
READ METHODOLOGYDATA SOURCES
Evidence may include official firm pages, terms, public review platforms, and dated canonical records. Refresh cadence varies by source.
Affiliate Disclosure: PropMason may earn a commission when you visit a prop firm through our links. This never affects our scores, rankings, or reviews.Learn about our affiliate policy