FAQ
Quick answers.
How codes work, how firms pay out, how we verify our data — the questions we get asked most, answered plainly.
Prop firms 101
What is a prop firm?
A proprietary trading firm funds traders who prove their skill in an evaluation (a “challenge”). You pay a one-time fee, hit the profit target inside the rules, and trade the firm's capital — keeping most of the profit you make.
How does a challenge work?
You trade a demo account with a profit target and risk limits (daily loss, max drawdown). Programs come in flavours: 1-step and 2-step evaluations, a few 3-step ones, and “instant funding” where you skip the evaluation for a higher fee. Pass every phase and you get the funded account. Our pricing chart compares what each route costs.
What happens after I pass?
You receive a funded account and keep an agreed share of the profits — typically 80% or more, with many firms scaling to 90–100%. The firm carries the losses; your risk stays limited to the challenge fee you already paid.
Can I lose my own money?
Only the challenge fee. If you break a rule or blow the account, the account ends — but you never owe the firm anything beyond what you paid to enter. That capped downside is the main reason traders choose prop firms over funding their own account.
CFD, futures or crypto — which should I pick?
CFD firms suit forex and index traders on MT5/cTrader; futures firms suit CME traders on platforms like NinjaTrader and Tradovate; crypto firms fund BTC/ETH and altcoin strategies. Use the switch in the header to explore each market — the whole site re-themes around your choice.
Codes & pricing
Are the discount codes verified?
Yes. Every code on this site is tested against the firm's checkout before it's listed, and prices you see already include the discount. If a code dies, it comes off the site.
Do the prices shown already include the discount?
Yes — every price in our tables, the pricing chart and comparator is the price after applying the listed code. Where a firm has no active code, you see the regular price.
How do I use a code?
Click the dashed code button anywhere on the site to copy it, open the firm through our link, and paste the code at checkout. All active codes live on the discounts page.
What if a code doesn't work at checkout?
Firms occasionally rotate promotions faster than anyone can track. If a code fails, check the firm's page here for the current one — and feel free to tell us so we can fix it for the next visitor.
Our data & this site
Where does the data come from?
We maintain our own database of every listed firm — challenge prices, rules, payout terms and codes — refreshed continuously from the firms' own sites and checkout pages. Every table, chart and comparison on this site is generated from that single source.
How are the top firms ranked?
The default order in the firms table weighs the strength of the current deal — discount size and entry price — so the best value sits on top. Every column is sortable, and each firm keeps its home ranking badge no matter how you sort.
What is Prop AI?
Our assistant, wired to the same verified database. Ask it anything — “cheapest $100K account”, “which firms allow news trading” — and it answers with real prices, codes and links. Try it here.
How does PropFirmTrading make money?
Through affiliate partnerships: when you buy a challenge via our links or codes, the firm pays us a commission. It never costs you extra — the codes usually make your challenge cheaper than buying direct.
Is PropFirmTrading free to use?
Completely. The database, comparisons, pricing chart, Prop AI and every discount code are free — no account needed.
Rules & payouts
Which rules should I watch out for?
The ones that end accounts: daily loss limits, overall drawdown (static vs trailing), news-trading restrictions, and consistency rules. They differ a lot between firms — the comparator puts up to four firms' rules side by side.
Do all firms allow EAs, copy trading and news trading?
No — this varies more than anything else. Some firms welcome algos, others ban them outright; news trading is often restricted only during the evaluation. Check the strategy chips on each firm's page: green means allowed, red means prohibited.
How fast do firms pay out?
Payout schedules range from on-demand to bi-weekly or monthly, often improving as you scale. Each firm's page lists its payout terms exactly as the firm publishes them — check that section before you buy.
Didn’t find your question?
Prop AI answers from the same verified database — prices, rules and codes included.