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Selected programs, exact terms
14 firms and 333 selected configurations. Each column is one exact account: program, variant and size. Each market is compared separately.
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Sources checked 19 September – 31 October 2026. Reviewed by a site member and AI assistants. Release pfw-release-2026-10-31-pilot, approved 31 October 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 | FTMO · 1-Step Standard · $100,000 | FundingPips · 2 Step Flex · $100,000 | The5ers · High Stakes Classic · $100,000 |
|---|---|---|---|
| List price | About $446 (At the ECB rate of 30 Oct 2026) Temporary offer, conditions apply | $555 one-time | $455 one-time |
| Opening loss allowance | $10,000 | $12,000 | $8,000 |
| Difficulty ratio | 1.00 | 1.50 | 1.625 |
| Fee per $1,000 of opening risk | $55.75 $44.58 with offer ECB rate of 30 Oct 2026 | $46.25 | $56.88 |
| Initial profit share | 90% | 80% | 80% |
| First and later payouts | You can request a Reward claim in the Account MetriX on the 14th or any following day after the first placed trade on the specific account | Every 14 calendar days after the first trade on the Master Account; the 14-day timer is the only requirement on the 80% split. | 14 days after activation, then 14 days after last approved payout; scaling resets clock. |
| Payout minimums and caps | Bank requires $20 closed profit; crypto $50. | Request at least 1% of the account size ($1,000) including FundingPips' split; Rise and bank transfer need $500; no cap stated. | Selected $100k: minimum withdrawal $500, cap $4,000. Sources differ |
| Activation fee | None | None | None |
| Platform and data fees | None | None | None |
| Payout processing fees | FTMO says it charges no withdrawal commission. | No FundingPips fee is stated; crypto rewards (USDT or USDC on ERC20) are reduced by service fees, exchange rates and network fees, and transfers are subject to exchange rates and transaction fees. | Payout methods carry a 3.5% fee, and receiving banks may charge more. Hub credit has no fee but is not cash. |
| Evaluation route | Standard account type, without the Swing option or add-ons. One evaluation phase (the FTMO Challenge), followed by the funded FTMO Account. | 2 Step Flex with the Biweekly 80% reward split and no add-ons: Phase 1, Phase 2, then the Master Account. The 95% split (same price), Swing and Swap Free are options at checkout. | The Classic variant (not New or the Summer Plan). Two evaluation steps, then the funded account. |
| Profit targets | 10% | 10% then 8% | 8% then 5% |
| Total and daily loss | 10% maximum loss, trailing at the end of each day from the highest balance and never falling; 3% daily loss. Initial floor $90,000. | Static 12% max loss ($12,000; limit $88,000) in both phases and on the Master Account; 4% daily loss from the higher of the day's opening balance or equity, reset at 00:00 platform time (UTC+3). Touching either limit closes the account. | Maximum loss 8% of the initial balance, a floor of $92,000. Daily loss 4% of the day's starting balance or equity, whichever is higher, taken at the start of the day on MT5 server time (GMT+2 in winter, GMT+3 in summer). Both apply in each step and on the funded account; reaching either ends the account. |
| Minimum days and time limits | No minimum number of trading days, and no time limit. | At least 1 trading day in each phase on the 80% split (3 profitable days of at least 0.5% on the 95% split); no time limit; the account is closed after 30 days without a completed trade. | At least 3 profitable days in each step, each with profit of at least 0.5% of the initial balance ($500). No time limit. |
| Funded consistency rules | On the funded FTMO Account, the best day may be at most 50% of total profit before a reward. Accounts ordered before 12 October 2026 keep the Best Day Rule: at most 50% of the profit of all positive days. No minimum number of trading days. | No consistency score on either Biweekly split; the 95% split needs 3 profitable days per cycle. | No consistency rule and no separate profitable-day requirement for payouts. The 3 profitable days apply to scaling. |
| Published processing time | FTMO says it reviews a reward request and replies within 1–2 business days, and typically sends payment 1–2 business days after the invoice is approved. The time for money to arrive is separate. | Reward requests are processed within 1-3 working days, and funds can take a further 1-2 working days to arrive; card rewards are listed as instant to 1-5 days. | The5ers says review usually takes 24–48 business hours, and payment is typically processed within 3 business days after approval. |
| Fee refund with a reward | The 1-Step fee is not refunded. | None: the 4th-reward registration fee refund does not apply to 2 Step Flex. | Hub credit of 10% of the fee on passing step 1 and 20% on passing step 2; Hub credit can only be used toward a new challenge and cannot be withdrawn. Hub credit is valid for 3 months from the date it is granted and cannot be combined with promotional codes or discount coupons; if it does not cover the full price, the remaining balance is paid with your preferred payment method and must be at least $12. On the funded account, 70% of the part of the fee paid with your original payment method (not Hub credit) is added to equity and can be withdrawn with the first payout, once the account has made at least $150 profit and been active for 14 days. |
| Cancellation refund | Consumers can cancel within 14 calendar days if they have not placed a trade, with the refund paid within 14 days, under FTMO's evaluation terms. | None: payments are final and fees are non-refundable, except where the law requires otherwise. | Under The5ers' general terms, an unused purchase with no trading or breach can be refunded in cash within 5 days, and after that only as Hub credit. The funded account contract is separate. |
| News trading | No news restriction during the evaluation (the FTMO Challenge). On the funded FTMO Account, trades on the instruments a selected news release affects cannot be opened or closed, and pending orders such as a stop-loss or take-profit cannot execute, from 2 minutes before to 2 minutes after the release. Positions opened more than 2 minutes before may be held, but a stop-loss or take-profit triggered in that window is a breach, and a breach may end the FTMO Account. | Evaluation: no news restriction, but deliberately trading news closes the account in any phase. Master Account: profit from trades opened or closed on the affected currency from 5 minutes before to 5 minutes after high-impact news, or from 5 minutes before a high-impact speech begins to 5 minutes after it ends, is deducted, unless the trade was opened 5 hours or more before. The trader is responsible if a deduction breaches the daily or maximum loss limit. | Holding positions through news is allowed. Opening or closing trades within 2 minutes before or after high-impact news is not. Profits of such trades are not taken into account. |
| Overnight and weekend holding | Allowed during the evaluation. On the funded Standard account, positions must be closed over the weekend and over market breaks longer than 2 hours. | Allowed in the evaluation; on the Master Account, open positions are closed automatically every day (20:45-21:00 UTC in summer time, 21:45-22:00 UTC in winter time) unless the Swing add-on was bought. The closure is not a breach. | Overnight and weekend holding is allowed. Accounts expire after 30 days without activity. |
| Expert advisors and copying | Your own expert advisors are allowed under conditions. FTMO's CFD rules do not cover copying between your own accounts; FTMO's support told us on 5 October 2026 that you may, without opposite or hedging positions across the accounts and within the $400,000 allocation limit. Interpretation | Third-party EAs only as trade or risk managers; your own EA may fully automate trading with proof of ownership. Copying between your own FundingPips accounts, or from yours out to an external account, is allowed; copying into the account and copying between different traders' accounts are prohibited. | Copying between your own accounts is allowed, except for between Bootcamp accounts. EAs are allowed. |
| Contractual penalties | No fine or per-breach penalty in FTMO's published terms. Forbidden trading practices, including spreading profit across days to get around the consistency rule or the best-day rule, or risk-management breaches can end all agreements and accounts with no refund, forfeit potential rewards and bar future use. The trader indemnifies FTMO against certain third-party claims. The funded-account terms are not published. | Prohibited practices (including gap trading, high-frequency trading, latency arbitrage, hedging, copying other traders and third-party account management) can lead to removed profits, declined rewards, disqualification and termination without a refund, and in serious or repeated cases exclusion from future participation; no fine is stated. | No fine or per-breach penalty in The5ers' terms. Prohibited trading, evading country restrictions or public disparagement can end the account with no refund and forfeit accrued profits; prohibited trading also brings a permanent ban. The trader indemnifies the firm for violations of the terms. |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader or TradingView, chosen when you buy. | MetaTrader 5, MatchTrader and cTrader, chosen at checkout; cTrader adds $20 to the price. | MetaTrader 5, cTrader ($10 extra) and TradingView outside the US; TradingView only for US clients. The choice is final once bought. |
| Platform access and eligibility | Compared on MT5. Open to traders aged 18 or over, with country exclusions. The route for US residents differs from the global one. | MetaTrader 5, MatchTrader or cTrader (cTrader adds $20); 18 or over; residents of Iran, Vietnam and the United Arab Emirates are not accepted; identity verification (KYC) before trading the Master Account. | MT5 (hedging account). Open to adults (18 or over, or the local age of majority) who pass identity checks, with country exclusions. MetaQuotes restrictions affect US residents. |
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 | FundedNext · Rapid Pro · $50,000 | Lucid Trading · LucidDaily Intraday (DLL on) · $50,000 | My Funded Futures · Rapid · $50,000 |
|---|---|---|---|
| List price | Temporary offer | $94 one-time | $209 one-time |
| Opening loss allowance | $2,000 | $2,000 | $2,000 |
| Difficulty ratio | 1.50 | 1.50 | 1.50 |
| Fee per $1,000 of opening risk | $149.99 $80.00 with offer | $47.00 | $104.50 |
| Initial profit share | 90% | 90% | 90% |
| First and later payouts | Rewards every 3 days, once the cycle's profit reaches $500 and the 40% consistency rule is met. | No fixed wait: payouts can be requested daily, once the profit is above the buffer and positive since the last payout. With the Daily Loss Limit on, a request can be made during the trading session as soon as the dashboard shows every payout objective met, and several in one session if each meets the requirements; an account with a hedging violation cannot request one during the session. | The first request can be made 24 hours after the first trade on the Sim Funded account, once the buffer is cleared, and then daily. |
| Payout minimums and caps | A minimum withdrawal of $250, and at most $1,200 per cycle. | Each request at least $500 and at most the profit above the buffer of $52,100 (the initial loss limit plus $100). No cap per request; instead a day's profit of $8,000 or more moves the account to Lucid's live program. | Minimum request $500, of which the trader keeps 90%, after clearing the $2,100 buffer. No maximum per request is stated. |
| Activation fee | None | None | None |
| Platform and data fees | None | None | None |
| Payout processing fees | A processing fee of up to 3.5% on every reward request, with minimum and maximum amounts for each payout method. | No Lucid fee is stated for payouts; they are paid by Plaid (US), WorkMarket by ADP (bank transfer or PayPal) or, for international traders, cryptocurrency. | Not stated: no page read names a payout fee. |
| Evaluation route | The Rapid Pro path, chosen at purchase, without the Daily Loss Limit add-on or a reset. One Challenge, then the FundedNext Account. | LucidDaily $50,000 with the Daily Loss Limit on, the standard 40% consistency and an intraday evaluation drawdown, chosen at purchase: an evaluation, then a simulated funded account, always with an intraday drawdown, with On Demand Payouts. The plan card's price is the one for this configuration; the limit off and the 50% consistency add-on cost more, and Lucid calls the limit on with an intraday evaluation drawdown the cheapest version of LucidDaily. Read on Tradovate; every Lucid account works on every listed platform. | Rapid $50,000, My Funded Futures: one evaluation, then a simulated funded (Sim Funded) account. Read on the Tradovate platform at checkout. |
| Profit targets | 6% | 6% | 6% |
| Loss mechanics | $2,000 maximum loss, trailing at the end of each day; the floor locks at $50,100. | A $2,000 trailing max loss limit, intraday in the evaluation and intraday (moving with real-time profit and loss) on the funded account: it starts at $48,000 and locks at $50,100 once the balance exceeds $52,100. Reaching it breaches the account. | In the evaluation, an end-of-day trailing Max Loss Limit of $2,000: it starts at $48,000 and locks at $50,100, and open positions count. The Sim Funded account starts at $0 with an intraday trailing limit $2,000 below the equity high, unrealized profit included; it locks at $100. Sources differ on the lock: the size guide locks it when the limit reaches $100, the plan page's FAQ once the balance is $100 above the start after the first payout. |
| Minimum days and time limits | No time limit to pass, and the target can be reached in a single day. Challenge and FundedNext Accounts are breached after 30 consecutive calendar days without a trade. | None stated: with the standard 40% consistency rule no single day may be more than 40% of the profit, so the evaluation needs at least three trading days; Lucid says the 50% consistency add-on allows passing in as few as 2 days. It has no time limit. An account with no trade (a net profit or loss of at least $1) for 30 calendar days is deleted. | 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. |
| Daily loss and contract limits | No daily loss limit unless the Daily Loss Limit add-on is bought. Up to 4 minis or 40 micros, the same in the Challenge and the FundedNext Account. | A fixed daily loss limit of $1,200 in the evaluation and on the funded account; it does not trail up with the max loss limit, which becomes the tighter limit if it trails above it during the session. Reaching the daily limit stops trading until the next session without breaching the account, unless the max loss limit is reached. At most 4 minis or 40 micros at both stages. | No daily loss limit in either stage. Up to 5 minis or 50 micros in the evaluation and on the Sim Funded account. |
| Funded consistency rules | 40%: before each withdrawal, the highest day's profit must be at most 40% of the total, over at least 3 trading days. | None on the funded account (40% in the evaluation only, or 50% with the consistency add-on). | None on the Sim Funded account. |
| After a payout | After the first reward the loss floor locks at $50,100, and the account ends after the 5th reward. | The amount is deducted within minutes; the next request needs positive net profit since this one. A day's profit at the daily maximum moves the account to Lucid's live program. | Payouts can follow daily while the balance stays above the buffer. A $10,000 net profit in a single trading day moves the account to live automatically. |
| Published processing time | FundedNext promises to start processing a reward within 24 hours of the request, except where details are incorrect. The time for money to arrive is separate. | Once approved, the amount is deducted from the account within minutes and paid to the payout method within 2 business days. | 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. |
| Fee refund with a reward | No refund of the fee with a reward: FundedNext's futures FAQ and terms say fees are final and non-refundable under all circumstances. | None: no refund of the fee once the account has been traded. | None stated: no page read offers the fee back with a payout. |
| Cancellation refund | FundedNext's futures challenge terms and futures FAQ say payments are final and non-refundable under any circumstances. Its terms of service allow a refund request within 7 days of purchase if no trade, order or position has been opened or executed on the account. The terms of service list the futures challenge terms among their policies and say their main text prevails over those policies and over FAQs, unless a document expressly states that it prevails over a specific provision; the futures challenge terms do not say that. How FundedNext applies this to an unused futures account is not established. Sources differ | No refund once the account has been traded; for an account never traded Lucid may consider a refund at its sole discretion. | 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. |
| News and overnight holding | News trading is allowed. Positions must be closed by 3:10 pm CT and cannot be held over the weekend. | On the funded account you must be flat from 1 minute before to 1 minute after high-impact USD news; trading through it is a hard breach. Lucid's rules page says trading red-folder news on LucidDaily is a hard breach without naming a stage or a window. Positions must be closed by 4:45 PM ET, Monday to Friday: Lucid states this closing rule for LucidPro, LucidFlex and LucidDirect, and LucidDaily's own articles state no other, so we take it to apply to LucidDaily too. | 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. |
| Expert advisors and copying | Expert advisors and trading bots are allowed. You may copy your own trades between accounts in your own name; signal services, group trading and copying other traders are prohibited. | Automated trading systems and trade copiers are allowed if they follow Lucid's rules; high-frequency trading is prohibited, and so is holding opposite positions in the same or correlated contracts across accounts (hedging). Profits mostly from trades of 5 seconds or less are flagged as microscalping. | 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. |
| Platforms | Tradovate, NinjaTrader and TradingView (through Tradovate), with no platform or data fees. | Every Lucid account works on every listed platform: NinjaTrader, Tradovate and TradingView on CQG; Quantower, Tradesea, MotiveWave, Sierra Chart, Jigsaw, Bookmap, ATAS, R|Trader Pro and MultiCharts on Rithmic. | 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. |
| Platform access and eligibility | Tradovate, NinjaTrader and TradingView. All trading is simulated. Open to adults (18 or over, or a higher minimum age where they live) who pass identity checks, outside the countries FundedNext restricts for futures. | Tradovate, one of the platforms every Lucid account works on; 18 or over; citizens and residents of 77 listed countries and five listed regions of Ukraine are not eligible; up to 5 funded and 10 evaluation accounts per household. The terms also say the website is "for use only by persons located in the United States", which the help centre's worldwide country list does not reflect. | 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. |
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 Classic · $50,000 | E8 Markets · E8 One · $50,000 | Propr · Classic 2-Step · 50,000 USDC |
|---|---|---|---|
| List price | $400 one-time | $288 one-time | $450 one-time |
| Opening loss allowance | $3,000 | $3,000 | 4,000 USDC |
| Difficulty ratio | 1.667 | 1.50 | 1.875 |
| Fee per $1,000 of opening risk | $133.33 | $96.00 | $112.50 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. | No fixed wait: payouts can be requested daily or at any time in the Performance stage once the 40% best day rule is met, which makes 3 days the earliest first payout. E8 says this is not a separate waiting rule. | 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. | Net profit must be greater than 50% of the daily drawdown ($2,000 on this account). The smallest payout is $100 of your share ($125 requested at 80%). No payout cap. | 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 Classic $50,000, Breakout (crypto and other markets, simulated): the purchase portal's standard build with an 80/20 profit split, a 10% profit target, a 6% static maximum drawdown and a 3% daily loss limit, in one evaluation phase, then a funded account with Payward Oceanic, Ltd. | E8 One $50,000, Perpetual market, at the checkout's standard settings (6% dynamic drawdown, 80% payout): one SimFi Challenge phase, then a simulated SimFi Performance account. Traded on E8 Terminal only. | Classic 2-Step 50,000 USDC (the Silver size): two evaluation steps, then a simulated funded account with the same starting balance. Traded on Propr's terminal or through its API. |
| Profit targets | 10% | 9% | 5% then 10% |
| Total and daily loss | Maximum drawdown $3,000, 6% 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 dynamic drawdown of $3,000 below the highest closed balance: the loss level rises only when a profit is closed, never with open profit, and locks for good at the initial balance once the closed profit reaches $3,000. A daily drawdown of $2,000: each day at 00:00 server time (UTC+3, UTC+2 from early November) the loss level is the day's starting balance less $2,000. Both stages. Equity or balance reaching or falling below either level permanently closes the account. | Maximum drawdown 8% trailing: the equity limit starts at 46,000 USDC and trails the highest equity, open profit included, by 4,000 USDC, never rising above the starting balance of 50,000 USDC. Maximum daily loss 5% of the start-of-day balance, reset at 00:00 UTC: the day's equity floor is that balance less 5%. Both limits are on equity, in both steps and on the funded account; 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 and no minimum: the Challenge can be passed in as little as one day. At least one trade must be opened and closed every 60 days; after 60 days without, the account is disabled. | No time limit on either step and no minimum trading days. |
| 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. | 40% best day rule in the Performance stage: no single day's profit may exceed 40% of the total profit for the payout period. A larger day does not fail the account; trading continues until the total is large enough. The Challenge has no consistency rule. | 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. | The payout is deducted from the balance, but the dynamic drawdown's loss level does not reset, so a buffer has to be left to keep the account; the daily drawdown is then calculated from the new balance. | Each payout sweeps all profit above the starting balance, and the balance resets to the starting balance; all positions must be closed first. Sources differ on the trailing drawdown's high-water mark: the rulebook's drawdown section and the funded terms reset it to the starting balance, while the rulebook's payout rules say payouts on 2-Step funded accounts reduce it by the payout amount. |
| 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. | Challenge: news can be traded without restrictions. Performance account: no opening or closing of trades, and no stop loss, take profit or stop orders, from 5 minutes before to 5 minutes after high-impact news; profits made may be removed. | 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 One is not sold for documents from seven further countries. 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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