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Selected programs, exact terms
20 firms and 505 selected configurations. Each column is one exact account: program, variant and size. Each market is compared separately.
Listed alphabetically; this is not a ranking. Use the information button beside any value for its conditions, calculation and official sources. How we handle numbers · Browse by firm · Written comparisons
Sources checked 19 September – 11 November 2026. Reviewed by a site member and AI assistants. Release pfw-release-2026-11-11-pilot, approved 11 November 2026. Each source shows the date it was last checked.
CFD/FX · Overview · 7 criteria · three accounts compared
Compare up to three accounts. Choose a firm, a program and a size for each, in any order.
Account 1
Account 2
Account 3
| Criterion | Blue Guardian · Buy Now Pay Later · $100,000 | FXIFY · Three Phase · $100,000 | Tradeify · Classic · $100,000 |
|---|---|---|---|
| List price | $10 one-time | $399 one-time | $749 one-time |
| Opening loss allowance | $8,000 | $5,000 | $10,000 |
| Difficulty ratio | 0.50 | 3.00 | 1.50 |
| Fee per $1,000 of opening risk | $87.00 | $79.80 | $74.90 |
| Initial profit share | 80% | 80% | 80% |
| First and later payouts | On request, once 5 trading days with 0.5% profit or more and the 20% consistency rule are met. | First payout on demand, once the first trade on the funded account is closed, with at least 5 trading days. After that, once a month, or every 14 days with the Bi-Weekly Payouts add-on (+5% of the fee). The account is read-only while a request is pending. | Biweekly: every 14 days, counted from your first trade on the funded account. |
| Payout minimums and caps | At least $100 by crypto or $500 by Rise; crypto payouts are limited to $1,000 a request, Rise has no maximum. Once the account is 8% up, 1% of the starting balance ($1,000) must stay on it. | $50 minimum and no limit on the amount. | $100 minimum and no maximum. You must be flat to request, and only one request can be open at a time. |
| Activation fee | $686 | None | None |
| Platform and data fees | None | None | None |
| Payout processing fees | A 3% processing fee on every payout. Payouts by crypto (up to $1,000 a request) or Rise. | None from FXIFY: payouts are paid through Rise, which may charge a withdrawal fee of its own. | None from Tradeify; third-party providers or blockchain networks may charge. |
| Evaluation route | Buy Now Pay Later $100,000, Blue Guardian: one evaluation phase, paid $10 at checkout and the rest once passed, then the funded account. The accounts are simulated. Read for MT5; MetaTrader 5, Match-Trader or TradeLocker is chosen at checkout. | Three Phase $100,000, FXIFY: three evaluation phases, then the funded account, with a static drawdown. Read for MT5 with Raw spreads and no add-ons; the platform, the price feed (Raw spreads or All-In) and any add-ons are chosen at checkout. | Classic $100,000, Tradeify FX (CFDs on MT5): two evaluation phases, then a simulated funded account; no add-ons (80% reward share). |
| Profit targets | 4% | 5% then 5% then 5% | 5% then 10% |
| Total and daily loss | Daily loss: $4,000 (4% of the starting balance), set each day at 5 PM EST below the higher of the balance and the equity. Maximum loss: $8,000 (8%), trailing the highest closed balance; once the account is 8% up it locks at the starting balance ($100,000), and 1% of it must then stay on the account. Breaching either fails the account. Once funded, the Guardian Shield closes all open trades when they reach a 1% floating loss: the first time the profit split drops to 50% for good, the second time the account is breached. | A 5% daily loss limit ($5,000 on the starting balance) from the previous day's closing balance (5 PM EST), and a 5% static max drawdown: equity may never go below $95,000, for the life of the account (a hard breach). Breach levels use real-time equity. All three phases and the funded account. | A 3% daily loss limit ($3,000) from the daily snapshot at 22:00 UTC, and a 10% static max loss ($10,000) from the starting balance, which never moves, not even at a payout. Breach checks use live equity, so an open losing trade can breach the account. Both phases and the funded account. |
| Minimum days and time limits | None, and no time limit. At least one trade every 30 days keeps an account active. | At least 5 trading days in each phase, not necessarily in a row; no maximum. A trade at least once every 60 days, or the account is breached. | No time limit and no minimum of days. At least one trade must be placed every 30 days; 30 consecutive days without one breaches the account (a warning email is sent at 28 days). |
| Funded consistency rules | 20% once funded: no single day may make 20% or more of the profit of the payout period. Until it is met no payout can be requested; the account is not breached. At least 5 trading days with 0.5% profit or more before a payout. | No consistency rule is shown for Three Phase. At least 5 trading days before the first payout. | No consistency rule, and no minimum of trading days or profitable days before the first payout. |
| Published processing time | Eligible payouts are processed within 24 business hours; if one takes longer, the trader gets an extra 10% profit share on it. Weekends, bank holidays, compliance and risk reviews and Rise delays do not count. | Withdrawals are reviewed Monday to Friday, 9 AM to 9 PM GMT (a weekend request on the Monday), and are typically processed within 3 business days once the FXIFY and Rise verifications are done and the Rise account uses the same email as the FXIFY account. | Within 24 hours of an eligible request (approved and sent to the payout provider), not counting 22:00 UTC Friday to 22:00 UTC Sunday; Tradeify adds $1,000 to a payout it processes late through its own delay. The provider then typically takes 1 to 2 business days. |
| Fee refund with a reward | The help centre refunds "the evaluation fee for completed accounts" in full after the fourth payout (accounts bought from 21 January 2026, not Instant Starter), and not if the account is hard-breached before then. It does not say whether this covers Buy Now Pay Later's Activation Fee. | The fee, add-ons included, is refunded in full with the first withdrawal; if the account breaches without profit there is no refund, unless Performance Protect was bought. | None stated: no page offers the fee back with a payout, and the terms of use make all purchases final and non-refundable. |
| Cancellation refund | None: once the evaluation credentials have been emailed, no refund is given; all sales are final. | No refund once the first trade is placed. Misrepresenting the country you are based in risks losing a live account and the refund. | None: all purchases are final and non-refundable once access is granted, unless a separate signed agreement or the law applicable to you provides otherwise; add-ons are non-refundable too. |
| News trading | None in the evaluation. Once funded, no trade may be opened or closed from 5 minutes before to 5 minutes after high-impact (red folder) news or FOMC events; profit from such trades is removed, without a breach. | Allowed in both stages, with no news window; FXIFY may ban traders taking significant risks on news trades, and high-leverage news trading must show proper risk management. | Evaluation: not restricted. Funded account: no opening, closing or changing positions or orders from 5 minutes before to 5 minutes after high-impact (red-folder) news, on instruments tied to the event's currency or country; profit made in the window is deducted. |
| Overnight and weekend holding | Allowed in every stage. | Allowed in both stages: positions may be held overnight and over the weekend. | Allowed in both stages, within the account's risk limits. |
| Expert advisors and copying | Expert advisors are allowed. Copy trading is allowed only between accounts the trader legally owns (Blue Guardian or external); copying another trader or letting a third party trade is not. Trades must be held at least 2 minutes. | EAs are allowed in both stages once FXIFY support has reviewed and pre-approved them; using one without approval can lead to suspension without profits. Copying is allowed between your own FXIFY accounts and from them to other accounts; copying into FXIFY from another account needs approval, with a trading statement of at least 30 days, and copying a third party is a violation. | Trade manager EAs are allowed, including bought ones; automated (algo) EAs only if you created them yourself, and Tradeify FX may ask for the source file and an explanation of the strategy. Off-the-shelf algo EAs, shared bots and signal services are not permitted. Trade copiers between your own Tradeify FX accounts are allowed; copying between unrelated users is prohibited. |
| Contractual penalties | Breaching the daily loss limit or the maximum loss fails the account. Gambling-style trading, hedging between accounts and using a VPN or VPS to get round the copy-trading rules are prohibited and can lead to the account failing. | Breaking a rule (the daily loss limit, the max drawdown, 60 days without a trade) ends the account: no further trading, the fee is forfeited, and profit in a breached funded account is lost unless Performance Protect was bought. Prohibited strategies (high-frequency trading, reverse and group hedging, latency arbitrage, statistical arbitrage across accounts and others) lead to termination and void profits. | A breach (daily loss limit where the plan has one, max loss, or 30 days without a trade) closes the account for good and forfeits any profit left in it. Prohibited conduct (high-frequency trading, ultra-short-term scalping, latency arbitrage, hedging across accounts, copying between users, account sharing) may lead to payout denial, restriction, termination or a permanent ban, and news-window profit is deducted. |
| Platforms | MetaTrader 5, Match-Trader or TradeLocker, chosen at checkout; existing and prospective US clients may use Match-Trader and TradeLocker only. | Chosen at checkout: MT5, DXTrade or TradingView on One Phase, Two Phase, Three Phase and Instant Funding; MT5 only on Lightning; DXTrade only on the crypto plans, with TradingView announced as coming soon. MetaTrader is not offered to clients based in the United States, who get DXTrade and TradingView. The platform or the price feed can be changed on request only while no trade has been placed (Instant Funding: between MT5 and DXTrade only; Lightning: no change). | MetaTrader 5 only (desktop, web terminal and mobile app); MT4 and TradingView are not supported. Tradeify FX, and its MT5, is not available to US residents. |
| Platform access and eligibility | MetaTrader 5, Match-Trader or TradeLocker, chosen at checkout; US clients may use Match-Trader and TradeLocker only. Leverage up to 1:30 in the challenge (the funded leverage is not stated). The accounts are simulated; traders must be 18 or over. | MT5 (read here), DXTrade or TradingView, chosen at checkout; MetaTrader is not offered to clients based in the United States. 18 or over; not available to residents of the countries FXIFY lists (see Who can trade); KYC with FXIFY and with Rise before any payout. One active account of each size, in the challenge and the funded stage. | MetaTrader 5 only. Not available to residents of the United States or of the other restricted countries (see Who can trade). Sources differ on travel: the help centre goes by residence only, while the terms of use also exclude anyone located in a restricted jurisdiction. |
Futures · Overview · 7 criteria · three accounts compared
Compare up to three accounts. Choose a firm, a program and a size for each, in any order.
Account 1
Account 2
Account 3
| Criterion | FTMO · Growth · $50,000 | My Funded Futures · Pro · $50,000 | Topstep · Trading Combine Standard · $50,000 |
|---|---|---|---|
| List price | $119 per month | $265 one-time | $49 per month |
| Opening loss allowance | $2,000 | $2,000 | $2,000 |
| Difficulty ratio | 1.50 | 1.50 | 1.50 |
| Fee per $1,000 of opening risk | $59.50 to $119.00 1 or 2 charges in 30 days | $132.50 | $99.00 to $123.50 1 or 2 charges in 30 days |
| Initial profit share | 90% | 80% | 90% |
| First and later payouts | A payout can be requested once 4 trading days in the payout cycle have each ended with at least $150 of closed profit. A day below $150 does not count; trading continues until 4 days qualify. The same applies to every payout cycle. | The first request can be made 14 calendar days after the first trade on the Sim Funded account, once the buffer is cleared, and then every 14 calendar days. | Standard path: 5 winning days of at least $150 net P&L (not necessarily in a row) before each request, and net profit since the last payout (except before the first). Consistency path: 3 trading days with at least one trade each, with the largest single day at most 40% of the total net profit. The count restarts after each payout. Payouts can be requested during CME market hours, Sunday 5 PM CT to Friday 5 PM CT, excluding holidays. |
| Payout minimums and caps | Gross request ≥$20; up to 50% of profit, payout cap $2,500. ≥50% must be new profit. Then 90% share. | Minimum request $1,000, of which the trader keeps 80%, after clearing the $2,100 buffer. Sources differ on the $100,000 limit: the current guide gives it per user, the plan page's FAQ per cycle; an older article and the payout overview still allow 60% of profits before the buffer is cleared. | At least $125 per request and at most 50% of the balance, capped at $2,000 per request on the Standard path or $3,000 on the Consistency path; the 90% share then applies. |
| Activation fee | None | None | $149 |
| Platform and data fees | None | None | None |
| Payout processing fees | Fees for the payout methods are not established. We do not assume there are none. Partly unknown | Not stated: no page read names a payout fee. | No Topstep fee for Prop-to-Brokerage (US), Aeropay (US banks) or Wise (China, Canada and the UK), though banks or those services may charge their own; $30 for ACH (US banks) and for wire/SWIFT (international). |
| Evaluation route | The Growth plan (not Pro), without a reset (FTMO sells one for $109). One evaluation, then the simulated funded account, with level 1 market data. | Pro $50,000, My Funded Futures: one evaluation, then a simulated funded (Sim Funded) account, and later a live account at Blue Row Capital after a review. Read on the Tradovate platform at checkout, without the One Day to Pass Add On. | Trading Combine on the Standard path, without the Responsible Trading Advantage: the Trading Combine, then an Express Funded Account on the Standard or Consistency payout path, chosen at activation. The path cannot be changed after purchase; the Responsible Trading Advantage is an option at checkout, and a Live Funded Account follows only if Topstep's Risk Team calls the trader up. |
| Profit targets | 6% | 6% | 6% |
| Loss mechanics | $2,000 EOD trailing; Maximum Drawdown Limit starts at $48,000 and never falls. Touching floor breaches. | An end-of-day trailing Max Loss Limit of $2,000 in the evaluation and the Sim Funded account. The evaluation starts at $50,000 with a $48,000 floor; open positions count, so a dip below the floor fails it. On the Sim Funded account the limit trails until the first approved payout, then locks at $50,100. | Maximum Loss Limit of $2,000, trailing the end-of-day balance. In the Trading Combine it starts at $48,000, rises with the end-of-day balance and locks at the $50,000 starting balance. The Express Funded Account's balance starts at $0, so its limit starts at -$2,000 and locks at $0; after the first payout it is $0. It is monitored in real time, open positions included: touching it closes the Trading Combine until a reset, and the Express Funded Account for good. |
| Minimum days and time limits | No minimum number of trading days outside the Consistency Rule, under which the Evaluation takes at least 3 trading days. No maximum time limit: the Evaluation continues while the monthly subscription is active. | A minimum of 2 trading days and no time limit. An account with no trade for 7 consecutive calendar days can be closed, Sim Funded accounts included. | No time limit for passing: the Trading Combine subscription stays active until you pass or cancel. You cannot pass in one day; you can pass in as few as two days. An Express Funded Account with no trading activity for more than 30 days may be closed. |
| Daily loss and contract limits | No daily loss limit during the evaluation. The funded account has a $1,000 soft daily stop. Up to 5 minis (or 50 micros) in the evaluation; the funded account starts at 2 minis and scales to 5. | No daily loss limit in either stage. Up to 3 minis or 30 micros in the evaluation and 3 minis or 3 micros on the Sim Funded account, as the current guide and plan page write it. | No daily loss limit in either stage unless the trader adds one at checkout, when buying the Trading Combine (the Responsible Trading Advantage) or activating the Express Funded Account: $1,000, fixed. Up to 5 minis or 50 micros at a time in the Trading Combine (10 micros count as one mini); in the Express Funded Account the Scaling Plan sets the limit by the current balance, which starts at $0. Topstep sets lower limits on some volatile products. |
| Funded consistency rules | None on the funded account. The evaluation has its own consistency rule. | None on the Sim Funded account. | Standard path: no consistency rule. Consistency path: no single day may make up more than 40% of the total net profit in each payout window, which starts again after each payout. |
| After a payout | The request is deducted from the balance when submitted. Profit you do not withdraw stays available for later payouts, and the loss floor does not move down. | The limit locks at $50,100 after the first approved payout. Three consecutive payouts on the account, $20,000 of profit or the $100,000 limit trigger a review for a live account. | The payout comes out of the balance and the Maximum Loss Limit is set to $0 for good, so the remaining balance is the room left to lose; the winning-day count or consistency window restarts, and a lower balance can lower the Scaling Plan's contract limit. After a payout the account can no longer be reactivated through Back2Funded. |
| Published processing time | FTMO does not publish a maximum time for approval. The invoice follows approval, and the time for payment to arrive is separate. Partly unknown | Most requests are approved instantly; one sent for manual review takes 6 to 12 business hours, the help centre says, while the Rapid plan pages allow up to 24 business hours. The money then goes to the trader's Riseworks account. | Internal approval can take 1 to 3 business days. Aeropay then pays instantly after approval (US banks that support real-time payments), Prop-to-Brokerage the same day if requested by 12 PM CT, Wise and ACH in 1 to 3 business days, and wire/SWIFT in 5 to 10 business days. |
| Fee refund with a reward | The Growth plan does not offer a fee reimbursement. Interpretation | None stated: no page read offers the fee back with a payout. | None: once funding is earned, Topstep counts the subscription and all fees as used in full. |
| Cancellation refund | Consumers can cancel within 14 days if they have not traded. Otherwise the subscription ends at the end of the billing period. | Sources differ. The cancellation policy, part of the terms, refunds a request made within 14 days if the account has not traded, opened positions or accessed market data, keeping a $75 fee. The help centre promises a full refund within 14 days when no trade has been placed and the account is active; breached accounts and crypto purchases are not refunded. | The subscription can be cancelled at any time from the Billing page, and fees are generally not refunded. Exceptions: up to one monthly renewal payment back within the first 14 days of a trader's first-ever Trading Combine if it has not been passed, and a forgotten rebill refunded if asked within 28 days of the charge and the account has not traded since. |
| News and overnight holding | News trading is allowed. Positions must be closed by 4:10 pm ET, or earlier on shortened sessions, and cannot be held over the weekend. | News: the evaluation may trade Tier 1 news; on the Sim Funded account, positions and orders must be flat from 2 minutes before to 2 minutes after a Tier 1 release (FOMC, employment report, CPI; EIA and agricultural reports for those traders). The news policy also asks every account to have no open positions or orders 2 minutes either side of any data release. Overnight: not allowed; positions still open at 4:10 PM ET are closed automatically on regular days, and on holiday hours an open position at the close breaches the account. Trading runs from 6:00 PM ET. | News trading is allowed in both stages: Topstep does not require flattening for economic releases, but trading the full Maximum Position Size into a scheduled major news event is prohibited. All positions must be closed by 3:10 PM CT each weekday, or earlier for products that close earlier, so nothing is held overnight or over the weekend. |
| Expert advisors and copying | Expert advisors and other automated trading are allowed, but not high-frequency or latency-arbitrage strategies, and a third-party EA others use can cost you the Sim-Funded Account. Copying trades between your own accounts is allowed if each account follows its own rules; copying another trader and offsetting risk across accounts are not. | Automated strategies on your own settings are allowed if they do not exploit simulated fills; high-frequency trading is not. Copy trading is allowed across all account types (Tradesyncer, the Tradovate group copier), between your own accounts; copying other traders, sharing a device and hedging are prohibited. | Automated strategies are allowed with conditions: Topstep does not help set them up and makes no exceptions for errant trades or malfunctions, and unfair technology or strategies that exploit simulated fills are prohibited. Copying between your own Trading Combine and Express Funded Accounts with the Trade Copier is allowed (up to $750,000 of buying power across Express Funded Accounts); hedging across accounts and trading in concert with others are prohibited. |
| Platforms | NinjaTrader, Tradovate and TradingView, all with the same login. | One platform connection, chosen at checkout: Tradovate (with NinjaTrader and TradingView), Hyperprop or Quantower; Fintevo is coming soon. The help centre also lists Volumetrica, DeepChart/DeepDom and ATAS. | TopstepX, Topstep's own platform, is the only trading platform. Quantower can connect to Trading Combine and Express Funded Accounts through TopstepX, and API access for automated strategies and third-party tools is billed separately by ProjectX. |
| Platform access and eligibility | Tradovate, NinjaTrader and TradingView. All stages are simulated. Open to traders aged 18 or over, with country and US state conditions. | Tradovate (with NinjaTrader and TradingView), Hyperprop or Quantower, chosen at checkout. Not available to traders from the restricted countries (see Who can trade); KYC is required, and buying or resetting from a restricted country is not allowed. | TopstepX only (Quantower can connect through TopstepX); the Trading Combine and the Express Funded Account are simulated accounts. Traders must be 18 or over and complete identity verification before a second purchase; citizens and residents of listed countries are excluded, and traders from some countries cannot move to a Live Funded Account. |
Crypto/Perps · Overview · 8 criteria · three accounts compared
Compare up to three accounts. Choose a firm, a program and a size for each, in any order.
Account 1
Account 2
Account 3
| Criterion | Breakout · 1-Step Pro · $50,000 | E8 Markets · E8 Pro · $50,000 | Propr · Classic 1-Step · 50,000 USDC |
|---|---|---|---|
| List price | $280 one-time | $228 one-time | $495 one-time |
| Opening loss allowance | $2,500 | $4,000 | 3,000 USDC |
| Difficulty ratio | 2.40 | 1.00 | 1.667 |
| Fee per $1,000 of opening risk | $112.00 | $57.00 | $165.00 USDC counted at $1 |
| Initial profit share | 80% | 80% | 80% |
| First and later payouts | On demand: once funded, a payout can be requested at any time, on weekdays or weekends, with no open positions and no breach. | Daily: a payout can be requested every day, the first one from the start of the Performance stage, as long as profit since the last payout is at least 1% of the initial balance. | On demand at any time, with no minimum waiting period and no limit on the number of requests, once KYC is complete. |
| Payout minimums and caps | $50 minimum, after the profit split. No payout cap is stated; combined funded capital is capped at $200,000. | Profit since the last payout must be at least 1% of the initial balance. Only 50% of total profit can be requested, and your share is paid from that; the rest stays in the account as a buffer. The smallest payout is $100 of your share ($125 requested at 80%). No payout caps. | Minimum 20 USDC. Each payout is 80% of the balance above the starting balance, all of it at once: no partial withdrawals. No profit cap. |
| Trading environment | Simulated at both stages: in the evaluation, "All trading on the Breakout Terminal happens on a demo account funded with simulated capital"; once funded, "Your funded account trades on simulated capital, not real capital". Payward Oceanic may record a trade idea as a book entry or route it to a market maker or exchange for its own book, which does not make the account live. Breakout's homepage says "Once funded you trade with Breakout's capital". | Simulated in both stages: the Challenge and the Performance account trade simulated capital on E8 Terminal, with prices, spreads and funding from the Hyperliquid data feed in real time. No real funds are deployed on your behalf at any point, and no actual trades are executed. | Simulated in both stages: every trade runs on a simulated account and is submitted as a signal. Propr decides, trade by trade, whether to copy it to Hyperliquid at its own risk (labelled A-book, on-chain) or record it internally (B-book), with the same result for you; a copied position belongs to Propr. |
| Activation fee | None | None | None |
| Platform and data fees | None | None | None |
| Trading fees | 0.04% of each buy or sell order on crypto markets and 0.02% on the eight non-crypto markets (since 29 October 2026), in the evaluation and once funded. They reduce the account's balance rather than being charged to you. | A percentage of each position's notional value: on crypto perpetuals 0.045% for taker (market) orders and 0.015% for maker (limit) orders, which E8 says are exactly Hyperliquid's fees; on stocks, indices, gold, oil and other traditional instruments 0.009% taker and 0.003% maker. | Hyperliquid's maker and taker fees, passed through at cost without markup; the asset list gives them per asset, such as 0.015% maker and 0.045% taker on BTC and ETH, and 0.003% maker and 0.009% taker on equities, indices and gold. They are deducted from the balance and count toward profit and loss, and so toward the equity limits. |
| Funding and financing | No funding payments: Breakout charges a fixed financing ("swap") fee of 0.033% of notional a day for each open position, taken in six parts every four hours on the Breakout Terminal. | Funding rates apply on all Hyperliquid assets, like swap fees, and behave as they would in a live environment. E8 Terminal shows each instrument's funding rate with a countdown, and a funding history for the account. | Hyperliquid's periodic funding rates are deducted or credited to the account automatically, and their effect is included in equity. |
| Payout processing fees | Not stated: Breakout names no payout fee. Payouts are USDC on Ethereum (ERC-20), with no adjustment for USDC price moves between request and receipt. | None from E8; the payout processor (WorkMarket, Rise or Aeropay) may charge, depending on the option used. | None: no withdrawal fees; payouts are in USDC on-chain. |
| Evaluation route | 1-Step Pro $50,000, Breakout (crypto and other markets, simulated): the purchase portal's standard build with an 80/20 profit split, a 12% profit target, a 5% static maximum drawdown and a 3% daily loss limit, in one evaluation phase, then a funded account with Payward Oceanic, Ltd. | E8 Pro $50,000, Perpetual market, at the checkout's standard settings (8% static drawdown, 80% payout): one SimFi Challenge phase, then a simulated SimFi Performance account. Traded on E8 Terminal only. | Classic 1-Step 50,000 USDC (the Silver size): one evaluation, then a simulated funded account with the same starting balance. Traded on Propr's terminal or through its API. |
| Profit targets | 12% | 8% | 10% |
| Total and daily loss | Maximum drawdown $2,500, 5% of the initial balance, static: the floor does not move as the balance grows. Maximum daily loss: 3% of the balance at 00:30 UTC, open positions left out, recalculated every day at that time. Equity that reaches or exceeds either limit is a breach: in the evaluation the account fails; once funded, terminal access ends 7 calendar days later. The same limits apply once funded, and requesting a payout widens that day's daily limit by the payout amount. | A static drawdown of $4,000 below the initial balance: the loss level never moves, except that the first payout moves it up to the initial balance for good. A daily drawdown of $1,250: each day at 00:00 server time (UTC+3, UTC+2 from early November) the loss level is the day's starting balance less $1,250. Both stages. Equity or balance reaching or falling below either level permanently closes the account. | Maximum drawdown 6% static: the equity limit is 47,000 USDC, set at the start and never moving. Maximum daily loss 3% of the start-of-day balance, reset at 00:00 UTC: the day's equity floor is that balance less 3%. Both limits are on equity, including floating profit and loss, in both stages; touching either breaches the account for good and closes its positions. |
| Minimum days and time limits | None: no minimum or maximum time and no minimum trading days; the evaluation is passed once the target is reached within the rules. | No time limit. At least one trade must be opened and closed every 60 days; after 60 days without, the account is disabled. | No time limit and no minimum trading days: the evaluation can be passed in a single trade. |
| Leverage and position limits | Leverage is set per market and applied automatically: 2x to 10x on crypto (BTC 10x) and 3x to 10x on the eight non-crypto markets. Each market has a maximum position on the symbols page (for example BTCUSD $1,000,000, S&P500 $2,000,000). Breakout says there are no margin calls or liquidation levels: the account's loss limits apply. | Leverage: Bitcoin and Ethereum 1:15, other crypto 1:2, stocks 1:5, indices, metals and energy 1:15, forex 1:25. Netting only: an opposite position of the same size closes the first. Position limits for Hyperliquid instruments on E8 Terminal differ from E8's other platforms. When the account breaches a loss level, the system closes its positions automatically. | Leverage, applied automatically: BTC, ETH and SOL 10x, other crypto 2x, equities 4x, the SP500 and XYZ100 indices 10x, other indices 5x, gold, silver, CL and Brent 8x, other commodities 5x, FX 25x. The rulebook's summary box and the homepage give 5x for BTC and ETH (major crypto). Each asset has a maximum notional on the asset list (BTC $1,000,000), and Propr may ask you to reduce a position far above its open-interest threshold. A breach closes all open positions. |
| Funded consistency rules | None: no consistency rule on any Breakout account, no minimum trading days and no time limit. | No consistency rule. A daily profit cap in both stages: profit above 2% of the initial balance in a day is removed from the balance at the next rollover (00:00-01:00 server time) and does not count. | None: no consistency rule and no minimum trading days. |
| After a payout | The requested amount is deducted from the balance at once, and that day's daily loss limit widens by the payout amount until it is recalculated at 00:30 UTC. The static maximum drawdown floor is not said to change. | At the first payout the static drawdown's loss level moves up to the initial balance and stays there. Of the profit requested, 50% is paid out at your share and 50% stays in the account as a drawdown buffer; the daily drawdown is then calculated from the new balance. | Each payout sweeps all profit above the starting balance: the balance resets to the starting balance, and the drawdown limits reset with it. All positions must be closed first. |
| Published processing time | A payout request is deducted from the balance at once; Payward Oceanic's approval "can take 12-24 hours, but is usually much quicker", and USDC is then sent to the trader's ERC-20 wallet. Breakout's homepage says "No cycles, no approval queue. Most requests processed within hours." | No deadline is promised. E8 gives medians for 1 January to 1 May 2026: 11 hours from request to approval, and 24 hours to the funds arriving in the Rise or WorkMarket account. The process can take up to 5 business days, and payouts are not processed at weekends. The terms of service say payments are processed within 7 days. | Processed within 24 hours, says the rulebook; the homepage says payouts settle on-chain in USDC within minutes. |
| Fee refund with a reward | None stated: no page offers the fee back with a payout, and evaluation fees are non-refundable. | None: E8 does not refund the fee with the first payout at present. | None: the evaluation fee is a one-time, non-refundable fee. |
| Cancellation refund | None: evaluation fees are non-refundable, and the terms of use allow no refunds except under a separate agreement. If identity verification (KYC) cannot be approved after a manual review, active evaluations are refunded. | Sources differ. E8's refund policy: the fee can be refunded, to the original payment method, for an account still in phase 1 with no trading activity and no more than 30 days old, though not when paid in cryptocurrency. Its terms of service: all fees are non-refundable under any circumstance. | None: evaluation fees are non-refundable once the account is activated, and cancelling the account gives no refund. |
| News trading | None: news trading is allowed in the evaluation and once funded. | News can be traded without restrictions in both stages; E8 recommends avoiding high-impact releases because of slippage. E8 Pro's article says this of "E8 pro Forex" and that its trading rules are the same in both markets. | None: news can be traded in both stages. |
| Overnight and weekend holding | Allowed: positions may be held overnight, over weekends and over holidays, with no forced close, in the evaluation and once funded. Open positions pay a daily financing fee. | Allowed in both stages: positions can be held overnight and over the weekend. Gaps, slippage or widened spreads that cause a violation are the trader's responsibility. | Allowed: no overnight or weekend holding restriction; crypto markets trade 24/7. |
| Expert advisors and copying | Bots and expert advisors are not addressed; a third-party or off-the-shelf approach marketed to pass evaluations, or to grow a funded account, is prohibited. Copying trades between your own accounts is not addressed; hedging across accounts (your own included), copy trading across users and trade ideas copied from third parties are prohibited. | Sources differ on automated trading. E8's help centre allows any expert advisor as long as multiple users do not run the same trades or strategy (one strategy per user); its terms of service invalidate data generated through automation and forbid bots and automation software on the platform. Copying trades between your own accounts is allowed in both stages, as long as every account belongs to you alone; hedging across accounts is prohibited. | Automated trading and bots are allowed; the terms say a bot strategy identical to other users' or an off-the-shelf bot without individual customisation may be flagged as coordinated trading, while the FAQ says off-the-shelf systems are permitted. Copying between your own Propr accounts: sources differ for the evaluation (the rulebook permits it, the evaluation terms forbid mirror trades across your own accounts); the funded terms do not forbid it. Hedging across accounts is prohibited. |
| Contractual penalties | A breach (a loss limit reached, prohibited trading or a breach of the agreement) ends the evaluation, closes open positions and disables the account, with no refund and no reset; a breached funded account receives no payout. A confirmed cross-account hedging violation ends every associated account, forfeits accrued profits and suspends the trader permanently. | Prohibited practices (risking the whole daily drawdown on one trade, hedging across accounts, one expert advisor strategy shared by several users, large-volume trading without a coherent strategy, holding more than 50% of trades for under one minute) lead to termination with a refund of that account's fee, may cost the Performance account or its accrued profits, and E8 may limit risk to 1% per trade idea. Its terms of service say no fee is refundable under any circumstance. | Prohibited conduct (exploiting bugs or latency, sharing accounts or trading several accounts from the same household, device or IP address, identity fraud, hedging across accounts, correlated assets included, or against external exchanges, coordinating with other traders, cycling evaluations, gaming payouts and drawdowns, wash trading, switching approach after passing, and strategies that are difficult to replicate in live markets or carry outsized risk when replicated) can lead to suspension, termination with no payout and a ban. Propr may also cancel or reclassify trades, cut leverage, cap volumes or impose consistency measures. Using a restricted jurisdiction ends the account with no refund or payout. |
| Platforms | Breakout Terminal, Breakout's own platform, on the web and in its mobile app: new evaluations and funded accounts are on it only. Accounts bought on DXtrade before stay there and cannot move to the Breakout Terminal. | E8 Terminal, E8's own platform, is the only platform for perpetuals: they are not available on MT5, cTrader, TradeLocker or Match Trader. E8's platform article says US clients can use only TradeLocker and Match Trader. | Propr's own paper-trading terminal at app.propr.xyz, and its REST API with Python and JavaScript SDKs for automated trading. |
| Platform access and eligibility | Breakout Terminal only, for new accounts. Not for residents of, or people located in, Afghanistan, Belarus, Burma (Myanmar), Cambodia, the Central African Republic, Cuba, the Democratic Republic of the Congo, Eritrea, Ethiopia, Haiti, Iran, Iraq, Lebanon, Libya, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Zimbabwe, or the Crimea, Donetsk and Luhansk regions of Ukraine; 18 or older. Identity verification (KYC) before the funded account. Combined funded capital up to $200,000. | E8 Terminal only. Not available with an identity document from a restricted country (see Who can trade). E8's platform article says US clients can use only TradeLocker and Match Trader. | Propr's terminal or its API. Not available to people from or located in the restricted jurisdictions (see Who can trade); KYC is needed before the funded account. Up to 300,000 USDC of funded accounts and 200,000 USDC of evaluation accounts per trader. |
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