Best Forex Prop Firms

The best forex prop firms on this ranking sit close together. FTMO is first with a score of 8.1 out of 10, The5ers is second at 7.9, and the last five entries share 7.1. The score shows which firms did well overall. The terms decide which one fits your trading. FTMO’s 5% daily limit suits traders whose losing days are occasionally large. The5ers charges $149, the lowest undiscounted fee among the $100,000 two-step accounts, and permits weekend holding, but its 3% daily limit is the tightest on the list. FundingPips pairs a static maximum loss with an 8% first target, the basis of its “Best for beginners” label. Alpha Capital Group allows EAs and offers on-demand payouts but does not allow weekend holding. Upcomers, FundYourFX and FundingRock allow news trading, weekend holding and EAs, with tighter limits or weaker user ratings. A scalper who trades around data releases, a swing trader who holds over the weekend and a newer trader who wants the most room before a breach can each end up with a different firm at the top of their own list.

That personal order comes from a handful of terms in each firm’s program: the daily loss limit, how the maximum loss is measured, the fee for the account size, the payout cycle, and whether news trading, weekend holding and Expert Advisors are permitted. These terms change from firm to firm far more than the scores do. A 3% daily limit and a 5% daily limit on the same $100,000 account are a $2,000 difference in how much one bad session can cost before the account is gone.

How the ranking is ordered

The firms are sorted by the score in the Score column, from FTMO’s 8.1 down to the 7.1 entries. The user rating next to each firm’s name is a separate number, shown with its review count, and it does not set the order. Upcomers makes the difference plain: its user rating is 2.9 from 578 reviews, yet its score of 7.3 places it sixth, above Moneta Funded (4.6 user rating) and WSFunded (4.3). The score is our assessment. The user rating is an aggregate of what reviewers posted. When the two disagree this sharply, read the firm’s terms and its review page before deciding which number to trust for your situation.

Review counts change how much weight a user rating can carry. FundingPips shows 72,793 reviews, FTMO 56,205 and The5ers 41,788, against 350 for Vault Funder, 315 for Moneta Funded and 227 for FundingRock. An average built on a few hundred reviews can move noticeably with each new batch, while one built on tens of thousands moves slowly.

Ties and near-ties

Several positions are effectively shared:

• FundingPips and Alpha Capital Group both score 7.7.
• Moneta Funded and WSFunded both score 7.2.
• FundedElite, FundYourFX, FundingRock, The Trading Pit and RZR Funded all score 7.1.

Where the score is identical, the order is not a quality judgment, and the terms have to settle the choice. Even between neighbors a tenth of a point apart, a single rule can matter more than the gap. Upcomers (7.3) permits news trading, weekend holding and EAs on its Classic Phoenix account. Moneta Funded (7.2) has 5% daily and 10% static loss limits.

Each row describes one configuration

A prop firm usually sells several programs, and each program comes in several account sizes. This ranking compares one of them per firm, for most firms a two-step challenge on a $100,000 account, which puts fees and limits on a comparable footing. There are exceptions:

• The Trading Pit: Futures Prime on a $50,000 account, with dollar-based targets and limits.
• FundedElite: Flash Activation, with a profit target “as low as 2% (default 6%)”.
• Upcomers: Classic Phoenix, with targets of 4% per phase (8% total).
• RZR Funded: Enhanced.

A rule belongs to the configuration it comes with. FTMO’s 5% daily loss is the FTMO Challenge 2-Step figure on $100,000 and is not necessarily the limit on every FTMO product. The same applies to every fee, target and split compared here.

Several terms are ambiguous as published and need confirming in the firm’s own rules or at checkout before you rely on them. FundingPips gives its 2 Step Standard daily loss as “3%5%”, so do not size positions against either number until you have read the program rules. Moneta Funded gives its 2-Step targets as “5% / 10%”, in that order, without making clear which phase carries which. FTMO and FundYourFX state their 10% and 8% maximum losses without saying how they are measured. Upcomers prices its $100,000 Classic Phoenix account at “$11 $109” and FundedElite its $100,000 Flash Activation account at “$449 $499”, with no discount code. Each pair may be a sale price against a list price, or two separate payments. WSFunded’s payout cycle reads “30/10 days”, which suggests different first and subsequent cycles.

How we checked the firms in this list

We ran every check in this list on 2026-11-13, connecting from Tallinn, Estonia, in the EU. For each of the 15 brands we opened the official site, noted the legal entities it names, searched registers where a lookup is on record, followed the main sign-up button and recorded Trustpilot and web archive data. Most sites opened normally. Vault Funder’s site redirected to another address, and Hola Prime’s site could not be read from the EU.

Register lookups are on record for 4 of the 15 brands. Companies House (UK) confirmed Alpha Capital Group Limited under 13719951, status Active, incorporated 2 November 2021. It also confirmed FXIFY Solutions Limited, status Active, incorporated 31 October 2022. RZR Funded names two UK entities. Our Companies House search did not return RZR Funded Limited, while HM Provider Limited was confirmed with status Active, incorporated 19 October 2022. For Vault Funder, the FSCA search (South Africa) for 51042 could not be completed because the register could not be searched. The other 11 brands have no register lookup on record. At sign-up, 12 brands opened a checkout without an account, among them The5ers, FundingPips and FXIFY. FTMO, FundedElite and RZR Funded led to a sign-in or account page before any payment screen.

Trustpilot figures vary widely. FundingPips shows 4.4 from 73,691 reviews and FTMO 4.8 from 56,660, while Upcomers sits at 2.9 from 585. Archive history differs too. The first capture of ftmo.com dates to 2002-11-16, but rzrfunded.com was first captured on 2026-10-19. An archive date alone does not show when a firm began operating. These checks have limits. We did not open accounts, buy challenges or test payouts, so nothing here speaks to how any firm treats its traders once they pay.

What a forex prop firm actually sells

Several firms state plainly that their accounts are simulated:

• The5ers says the funds in its Evaluation and Funded accounts are fictitious and cannot be used for actual market trading. Eligible traders can still receive monetary payouts based on simulated performance.
• Moneta Funded says all of its programs run on simulated accounts with virtual funds, and that buying a program is not a deposit or an investment.
• FundingPips says trades in its Evaluation, Master and Prime accounts are not executed on live financial markets.

The payout is a real payment, calculated from simulated results under the firm’s terms, so the trader’s risk is limited to the fees paid. FundedElite’s split, “up to 95% (80% during live phase)”, shows that at least one configuration here includes a stage the firm calls live, with a different split attached.

Prop firm vs. broker

An evaluation firm that runs simulated accounts is not necessarily a licensed broker. Moneta Funded states that it is not a broker and does not provide brokerage or regulated financial services, even though it uses infrastructure associated with the broker Moneta Markets and offers an optional transfer of eligible payouts into a Moneta Markets account. Broker-backed programs often split this way: a licensed broker supplies the technology or quotes, and a separate company, often registered in another jurisdiction, sells the evaluation.

Checking regulation for a prop firm therefore means three things: identify the legal entity that takes your payment and signs your contract, identify the entity that operates the trading platform, and confirm any licence the firm mentions with the regulator that issued it. Each firm’s country (Czechia for FTMO, the United Kingdom for The5ers and Alpha Capital Group, South Africa for Vault Funder, St. Lucia for FundedElite and RZR Funded, and so on) is where that check starts.

Eligibility is part of the same check. Some programs exclude residents of certain countries, and broker-backed programs in particular can carry restrictions tied to the broker’s licences.

Reading the challenge terms

The same terms apply to every firm. Each one has a specific meaning, and several have variants that change how much risk the account can take.

Profit target and phases

A two-step challenge has two targets, one per phase. FTMO, The5ers and Vault Funder set 10% / 5%. FundingPips, Alpha Capital Group, WSFunded and FundYourFX set 8% / 5%. On a $100,000 account, 10% / 5% means $10,000 of simulated profit in phase one and then $5,000 in phase two. Phase two usually starts from a fresh balance, so the gains do not carry over.

A few rows depart from that pattern:

• FundingRock sets 6% / 6%. The second phase is harder than at the 8% / 5% firms, and the first is easier.
• Upcomers sets 4% each phase, 8% in total.
• Moneta Funded states “5% / 10%”, in that order, for its 2-Step Challenge.
• The Trading Pit states targets in dollars: $3,000 on $50,000, $6,000 on $100,000 and $9,000 on $150,000. That is 6% of the account at each size.

The target only means something next to the loss limits. A 10% target with a 10% maximum loss gives a one-to-one ratio between the profit you must make and the drawdown you can absorb. FundingRock’s 6% target per phase against a 6% maximum loss is also one-to-one. Upcomers’ 4% per phase against 6% maximum loss gives more room than the target requires in each phase.

Daily loss limit

The daily loss limit caps how much the account can lose in one trading day. On a $100,000 account:

The Trading Pit’s daily limit is in dollars: $1,000 on $50,000, $2,000 on $100,000 and $3,000 on $150,000.

The daily limit often constrains a forex trader more than the maximum loss does. A trader risking 1% per trade on a $100,000 account can take three full losses in a session before a 3% limit is hit, and five before a 5% limit. Spreads, commissions and slippage come on top of the stop distance, so the real number of losses is lower. A strategy that sometimes stacks several correlated positions, such as long EUR/USD, long GBP/USD and short USD/CHF at once, can reach a 3% limit on what is effectively a single dollar move.

Firms also differ on when the “day” resets and what the limit is measured from: the start-of-day balance, the start-of-day equity, or whichever is higher. The firm’s rule page defines the reference point and the reset time, and both affect how much room you actually have.

Maximum loss: static, end-of-day and trailing

The maximum loss is the total drawdown the account can take before it is breached. The way it is measured matters as much as the percentage.

• Static: the floor is fixed relative to the starting balance and does not move. On a $100,000 account with a 10% static maximum, the floor is $90,000 whether the account is up $8,000 or down $3,000. Vault Funder, FundingPips (10%), Alpha Capital Group (8%), WSFunded (8%), Moneta Funded (10%), Upcomers, FundedElite and FundingRock (6%) all use static drawdown on the compared configurations.
• End-of-day (EOD): the floor is recalculated once per day from the closing balance or equity, usually moving up as the account makes new end-of-day highs and not moving down. Intraday swings do not move the floor, but a profitable day can lift it. The5ers uses a 10% EOD limit and The Trading Pit uses EOD dollar limits.
• Trailing: the floor follows the account’s peak in real time, sometimes including open profit. None of the configurations compared here uses trailing drawdown, but it is common enough elsewhere in prop trading to check for in other programs from the same firms.

A hypothetical example: a $100,000 account with a 10% limit gains $6,000 over a week and then gives back $8,000. Under a static limit it sits at $98,000, still $8,000 above its $90,000 floor. Under an EOD limit that rose with the closing highs, the floor could have climbed toward $96,000 (the exact behavior depends on the firm’s formula and any cap), leaving the same $98,000 balance about $2,000 from a breach. Static limits treat a profitable account most generously.

Balance vs. equity

Balance counts closed trades. Equity counts closed trades plus the floating profit or loss on open positions. A loss limit measured on equity can be breached by a position that is still open.

FundingPips states that its loss limits include floating losses and can be calculated using both balance and equity. For example, with a $5,000 daily limit on $100,000, $2,000 of closed losses today and an open position $3,200 underwater, the balance shows a $2,000 loss but equity is $5,200 below the reference point, so an equity-based limit has been crossed.

Minimum trading days and time limits

Minimum trading days set how many separate days you must trade before you can pass a phase:

• FundingPips and Alpha Capital Group require 3 days.
• FTMO and WSFunded require 4 days.
• Vault Funder requires 5 days per phase, which on a two-step challenge means at least 10 trading days before you can complete the evaluation, even if both targets are reached sooner.
• Upcomers and FundingRock have no minimum.
• The Trading Pit requires 5 profitable trading days with at least $150 profit per day on its Futures Prime configuration. Days that are merely active do not count, so that rule is stricter than a plain day count.

A minimum-day rule mainly affects traders who could hit a target quickly. If you reach 10% in two sessions, a 4-day minimum means trading two more days without breaking anything. Firms usually allow small trades to count as trading days, and the exact definition is in each firm’s rules.

Time limits are the opposite constraint: a deadline to reach the target. RZR Funded’s split is “Up to 95% Once time limit complete”, which ties its payout timing to a time limit on that configuration.

News trading, weekend holding and Expert Advisors

These three permissions decide whether a strategy is allowed at all, so they are often the first filter.

• News trading: FTMO, FundingPips, Alpha Capital Group and WSFunded restrict it on the compared configurations. Upcomers, FundedElite, FundYourFX, FundingRock and The Trading Pit allow it. “Restricted” usually means a window around high-impact releases during which opening or closing trades is limited. FundingPips, for example, lets traders hold and manage positions through news during the Evaluation phase but prohibits intentionally exploiting news releases. Read the window length and whether it applies to funded accounts only or to the evaluation too.
• Weekend holding: The5ers, Upcomers, WSFunded, FundedElite, FundYourFX and FundingRock permit it. FTMO and FundingPips restrict it. Alpha Capital Group and The Trading Pit do not allow it. A swing trader who holds through the weekly close needs a firm that permits it. Even then, weekend swaps and Monday gaps hit equity.
• Expert Advisors: Alpha Capital Group, Upcomers, FundYourFX and FundingRock allow EAs; WSFunded restricts them. Firms that allow EAs often still prohibit specific uses, such as high-frequency trading, arbitrage, copy trading across accounts or tick scalping. The5ers’ prohibited-practice rules, for example, cover high-frequency trading, bulk trading, copy trading, arbitrage and oversized positions.

Beyond these terms, many firms apply conduct rules. Examples include consistency rules (no single day may account for more than a set share of total profit), minimum hold times on volatile instruments, maximum lot size per order, and bans on hedging between accounts. FundingPips caps orders at 20 lots per click on non-crypto instruments and one lot per click on crypto. These rules are where breaches that surprise traders tend to come from, because the account can be inside every percentage limit and still violate them.

What a challenge costs

List price vs. discounted price

Several fees are discounted with a code, with the list price beside them. FundingPips charges $522 against a $652 list price, Alpha Capital Group $316 against $527, WSFunded $290 against $579, FundYourFX $228 against $570, FundingRock $245 against $350 and RZR Funded $344 against $529. FTMO ($602), Vault Funder ($550), Moneta Funded ($855) and The5ers ($149) charge without a discount on their $100,000 configurations.

A discount code is a temporary price. When comparing firms, compare list prices as well as the current discounted price, because the discount may be gone by the time you buy a second attempt or a reset. On list prices, FundYourFX at $570 and WSFunded at $579 cost about the same as Vault Funder at $550. FundYourFX’s current $228 depends on a 60% discount holding.

Pricing can also depend on options chosen at checkout. Moneta Funded’s price changes with the profit split chosen on Instant Funding (60% or 88%), the consistency rule (15% or 20%), the Two-Step drawdown configuration (4%/8% or 5%/10%), the Sprint timeframe and multiplier, the platform (MetaTrader 5 or Match-Trader) and any promotion. Its $855 fee applies to the configuration with 5% daily and 10% static loss limits. On The5ers’ High Stakes program, choosing cTrader adds $10. Add-ons such as a higher split, a swap-free account or a looser drawdown are priced separately at many firms. FundingRock’s split (“80%/95% (Add-On)”) shows that its higher split is one of them.

Fee relative to drawdown room

One way to compare what a fee buys is the fee as a share of the maximum loss in dollars, the simulated risk budget you are buying. Figures are for the shown $100,000 configurations at the fee as displayed, assuming the fee is not refunded and treating each maximum loss as a dollar amount from the starting balance.

Two cautions apply. First, the limits are not measured the same way: The5ers’ limit is end-of-day, several are static, and FTMO and FundYourFX do not state a type. A dollar of EOD room is not worth the same as a dollar of static room, because the EOD floor can rise. Second, the ratio depends on the discount. On list prices, FundYourFX moves to 7.1% ($570 of $8,000) and Alpha Capital Group to 6.6% ($527 of $8,000).

The ratio still shows where The5ers’ “Lowest costs” label comes from on this configuration. Among the $100,000 two-step rows, its $149 is the lowest fee shown without a temporary discount code, and it buys the same $10,000 of nominal room that FTMO sells for $602.

Pay-after-pass and two-part fees

Some programs split the fee: a smaller payment to start, and a second payment only if you pass. The5ers’ Bootcamp works this way. Its $20,000 path starts with a $22 entry fee, followed by a $50 payment after all three evaluation stages are completed. This lowers the cost of a failed attempt and raises the total cost of a successful one. If you expect to need several attempts, the structure helps. If you expect to pass the first time, compare the combined total with single-fee programs.

Refunds

FTMO, The5ers, Upcomers and FundYourFX offer some form of refund on the compared configuration, and the forms differ a lot:

• Refunded with a payout. Some firms return the fee with the first payout after passing. Others wait longer. FundingPips refunds the registration fee on an eligible 2 Step Standard Master Account after the fourth reward. That is the configuration compared here, and the refund does not apply to its 1 Step Flex, 2 Step Flex, 2 Step Pro or Zero accounts.
• Partly in credit. On The5ers’ High Stakes program (a different program from Summer 10/5), the trader receives Hub Credit equal to 10% of the externally paid fee after Phase 1 and another 20% after Phase 2. The remaining 70% is added to funded account equity and can be withdrawn with the first eligible payout once the account has been active at least 14 days and has made at least $150 in profit. Any part of the fee paid with Hub Credits is excluded.
• Not refundable. Moneta Funded’s terms define the program fee as non-refundable.

A refund that arrives only after several payouts is worth less than one that comes with the first, because most attempts never reach the fourth payout. Read the trigger, the form (cash, credit or equity) and which programs are covered.

Trading costs inside the account

The challenge fee is the visible cost. Spreads, commissions and swaps are charged inside the simulated account, and they count against your loss limits like any other loss.

Commissions are quoted per standard lot (100,000 units of the base currency), but the basis varies:

• Moneta Funded charges $4 per lot round trip on forex and metals, with no separate commission on indices, energy or crypto.
• FundingPips charges $5 per standard lot on forex and metals on standard accounts and $10 on its MetaTrader 5 swap-free add-on. Energies and indices carry no commission, and crypto is charged at lot size times price times 0.04%.

Per side and round trip are not interchangeable: a firm charging $3 per side costs $6 to open and close one lot, more than a firm charging $4 round trip. Where a firm does not state which basis it uses, confirm it before comparing. For a scalper taking 20 one-lot round trips a day, the difference between $4 and $6 is $40 a day of drawdown consumed by costs alone.

Swaps are the overnight financing charge or credit on positions held past the daily rollover. Weekend holding usually carries a larger swap, applied for the weekend days. FundingPips’ swap-free add-on removes overnight swaps on eligible forex and metals only, not on energies, indices or crypto, and it doubles the forex commission. Whether it saves money depends on how long you hold and in which direction.

Resets

Some firms sell a discounted reset after a breach instead of requiring a new purchase. FundingPips offers eligible breached accounts a discounted reset through the dashboard for seven calendar days after the breach, with the discount depending on the account model and phase. If you count resets as part of your budget, compare the reset price with the full fee of a new attempt.

Payouts and profit split

Split

The split is the share of simulated profit paid to you. On the compared configurations it ranges from FTMO’s “up to 90%” and Vault Funder’s “up to 90%” to “up to 100%” at FundingPips and Upcomers, with fixed figures of 80% at Alpha Capital Group, WSFunded and The Trading Pit and 88% at Moneta Funded. “Up to” means the top of a scale. The starting split is lower and rises with payouts, scaling or an add-on. The5ers’ Summer 10/5 split is “75%-25%”, and the firm says its splits generally start between 50% and 80% across programs and can reach 100% through its scaling plan. FundedElite pays up to 95%, with 80% during its live phase.

An example of what the split changes: with a $602 non-refunded fee and a 90% split, you need $669 of gross simulated profit ($602 ÷ 0.90) just to recover the fee. At 80%, a $316 fee needs $395 ($316 ÷ 0.80). Once the fee is recovered, a 10-point difference in split is $1,000 on every $10,000 of profit.

Payout cycle

Payouts can be requested on these cycles:

• FTMO: 14 days from the first day of trading.
• FundingPips and Vault Funder: bi-weekly.
• Alpha Capital Group: bi-weekly or on demand.
• Upcomers: on demand.
• Moneta Funded and FundingRock: 14 days.
• The Trading Pit: every 7 days.
• FundYourFX: 24 hours.
• WSFunded: “30/10 days”.
• RZR Funded: once the time limit is complete.

A short cycle limits how much profit sits in a funded account exposed to a later breach, so on-demand and 24-hour cycles reduce that exposure and fortnightly or monthly cycles increase it. Many firms add a minimum payout amount or a minimum number of profitable days before the first request, and those conditions can matter more than the headline cycle.

Payout methods

Payout methods include Rise, crypto and bank transfer (FTMO, The5ers), card, crypto and bank transfer (FundingPips), Rise and Wise (Alpha Capital Group), card, crypto and bank transfer (WSFunded), wire and crypto (FundedElite), bank transfer and crypto (Upcomers, FundYourFX), crypto only (FundingRock), and credit cards, PayPal and Apple Pay (The Trading Pit). If you cannot receive crypto, or your bank handles transfers from offshore payment providers slowly, the method narrows the list before any other term does.

Scaling and maximum allocation

The scaling ceiling is the largest account a firm says you can reach, not the account you start with. On this list it runs from FundingRock’s $200,000 to FundYourFX’s $6 million. FTMO, Alpha Capital Group and Moneta Funded go to $2 million, The5ers $4 million, Upcomers $1.5 million, Vault Funder $1 million, and FundingPips, WSFunded, FundedElite, The Trading Pit and RZR Funded $400,000.

Reaching the ceiling takes repeated, conditional steps. Scaling plans typically require a set profit over a set period, a minimum number of payouts, or both, at each level, and they can raise the split along the way. On The5ers, the ceiling depends on the program: High Stakes accounts scale to $500,000, and Bootcamp and Growth to as much as $4 million.

Leverage by asset class

Prop firms set leverage per asset class, and the same firm can use different leverage on different programs. The figures below come from the firms’ published conditions. They describe the named programs, not every account at the firm.

Moneta Funded

FundingPips (standard evaluation accounts): forex up to 1:100, metals up to 1:30, indices up to 1:20, energies up to 1:10, crypto up to 1:2 in evaluation and 1:1 on Master Accounts. Temporary dynamic leverage tiers on metals, indices and energies reduce leverage as total position size grows on Master Accounts.

The5ers: forex up to 1:100 on High Stakes and up to 1:30 on Bootcamp and Growth.

Leverage sets the margin a position needs, not the risk it carries. A hypothetical example with EUR/USD at 1.1000: one standard lot is $110,000 notional, needing $1,100 of margin at 1:100 and about $3,667 at 1:30. On a $100,000 account, 1:30 still allows roughly 27 lots, far more than any sensible stop permits under a 3% or 5% daily limit. Leverage binds mainly for traders holding several large positions at once or trading low-leverage instruments such as crypto at 1:1 or 1:2.

The top five: where they differ

FTMO

FTMO is first at 8.1, operating from Czechia since 2015, with a 4.8 user rating from 56,205 reviews. Its FTMO Challenge 2-Step on $100,000 costs $602 for 10% / 5% targets, a 5% daily and 10% maximum loss and a split of up to 90%, with a refund offered.

Its 5% daily limit is among the widest on the list, which suits traders whose losing days are occasionally large. The limiting terms are news trading and weekend holding, both restricted. On fee per dollar of drawdown room it sits in the upper half of the comparison above, so its “Best overall” label rests on the score.

The5ers

The5ers, operating since 2016 and run by Five Percent Online Ltd, is second at 7.9 with a 4.7 user rating from 41,788 reviews. Its Summer 10/5 configuration on $100,000 costs $149 for 10% / 5% targets, a 3% daily loss and a 10% end-of-day maximum loss, with weekend holding permitted and a 75%-25% split.

The price is the standout difference: $149 for the same nominal $10,000 of drawdown room that costs $550 to $855 at other $100,000 two-step entries. Two terms offset part of that advantage. The 3% daily limit is the tightest on the list. The end-of-day maximum loss can move its floor up as the account gains, so the room gets smaller after profitable days. A swing trader who holds over the weekend and keeps daily losses small fits this configuration well. A trader who sometimes loses 4% in a session does not.

Beyond this configuration, The5ers runs the three-step Bootcamp, two-step High Stakes and one-step Growth programs and a separate futures program, each with its own leverage, pricing and refund terms, covered in the The5ers review.

FundingPips

FundingPips, founded in 2022, scores 7.7 and has the largest review base on the list: a 4.4 user rating from 72,793 reviews. Its 2 Step Standard on $100,000 costs $522 (list $652) for 8% / 5% targets, a 10% static maximum loss and a split of up to 100%.

Its static maximum loss and low 8% first target are the terms behind its “Best for beginners” label: a static floor does not climb after early gains, and the first target is two points below the 10% at FTMO, The5ers and Vault Funder. Against that, loss limits include floating losses, the fee comes back only after the fourth reward, and news trading and weekend holding are both Restricted. Its other models, including 1 Step Flex, 2 Step Flex, 2 Step Pro and the no-evaluation Zero account, are covered in the FundingPips review.

Alpha Capital Group

Alpha Capital Group, based in the United Kingdom since 2021, ties FundingPips at 7.7, with a 4.5 user rating from 22,130 reviews. Its Alpha Pro on $100,000 costs $316 (list $527).

Against FundingPips, Alpha Pro gives 2 points less maximum loss (8% static against 10%) and a lower split (80% against up to 100%). In return it has a cheaper current fee, allows EAs, offers on-demand payouts through Rise or Wise and states an unambiguous 4% daily limit. Weekend holding is Not allowed, which rules it out for traders who hold through the weekly close, and news trading is Restricted. Its “Best platform” label is an editorial judgment, and the platform is the thing to try yourself on a free trial or the smallest account before committing to a larger one.

Vault Funder

Vault Funder, from South Africa and operating since 2020, scores 7.4 with a 4.6 user rating from 350 reviews, a much thinner base than the firms above it. Its 2-Step Challenge on $100,000 costs $550 for 10% / 5% targets and a split of up to 90%.

It pairs a 5% daily limit with a static 10% maximum. Among the compared configurations, the 5%-daily firms with a static floor are Vault Funder, Moneta Funded (10% maximum, at $855) and WSFunded (8% maximum). FTMO also has 5% daily and a 10% maximum but does not state the measurement type. Vault Funder’s 5-days-per-phase minimum is the longest plain day requirement on the list and means at least 10 trading days to pass both phases. The “Best for active traders” label sits alongside that requirement, so a fast passer will spend extra days in the evaluation regardless.

Other ranked firms with a distinct profile

Upcomers

Upcomers, registered in the United Arab Emirates, is the clearest case where the score (7.3) and the user rating (2.9 from 578 reviews) point in different directions. Its Classic Phoenix configuration on $100,000 has the most permissive rule set among the compared configurations: news trading, weekend holding and EAs all allowed, no minimum trading days, on-demand payouts, a refund, and a split of up to 100%. The limits are tighter than average: 4% per phase (8% total), 3% daily, 6% static maximum. Its markets include forex, futures, crypto, perpetuals and stocks. The low user rating is reason enough to read the firm’s full review and recent user reviews before buying, whatever its terms look like.

Moneta Funded

Moneta Funded, launched in 2025 and operated by Moneta Funded Ltd in Saint Lucia, scores 7.2 with a 4.6 user rating from 315 reviews. Its 2-Step at $855 is the highest fee among the $100,000 rows, for 5% daily and 10% static loss limits and an 88% split. Three things set it apart: the Moneta Markets connection, including the optional payout transfer; a published $4 per lot round-trip commission on forex and metals; and drawdown configurations that change the price. The fee is non-refundable under its terms. Its programs also include 1-Step, Instant Funding, Instant Funding Pro, the Phoenix scaling program and a Sprint challenge, and the instant funding prop firms ranking compares no-evaluation accounts as a group.

FundYourFX

FundYourFX, from Hong Kong and operating since 2021, scores 7.1 and lists the highest scaling ceiling in this ranking at $6 million, along with 24-hour payouts. Its 2-Step Evaluation on $100,000 has 8% / 5% targets, a 4% daily and 8% maximum loss, news trading, weekend holding and EAs all Allowed, a refund, and an 80% to 95% split. The $228 fee depends on a 60% discount from $570. With a 3.7 user rating from 923 reviews, its review record deserves the same attention as its flexible terms.

FundingRock

FundingRock, registered in Cyprus, scores 7.1. Its 2 Step Challenge on $100,000 has equal 6% / 6% targets, a 3% daily and 6% static maximum loss, no minimum days, and news trading, weekend holding and EAs all Allowed. Payouts are every 14 days and by crypto only, and the split is 80%, or 95% with an add-on. The scaling ceiling of $200,000 is the lowest on the list. The 6% maximum is narrow for a $100,000 account, but it is static, so it does not tighten after gains.

FundedElite

FundedElite, registered in St. Lucia, scores 7.1. Its Flash Activation configuration on $100,000 has a profit target “as low as 2% (default 6%)” against a 3% daily and 6% static maximum loss, with news trading and weekend holding allowed and payouts every 14 days by wire or crypto. It is the only firm here whose split names a live phase, at 80%, alongside up to 95% otherwise. How the 2% option is priced and what it changes are set out in the firm’s terms.

The Trading Pit

The Trading Pit, from Liechtenstein, scores 7.1, but the configuration compared is futures: Futures Prime on $50,000, with dollar-based targets and limits, an end-of-day drawdown, payouts every 7 days and the profitable-days rule described above. A forex trader should look at the firm’s forex program specifically. The futures configuration is compared in the best futures prop firms ranking.

WSFunded (7.2) and RZR Funded (7.1) round out the list. WSFunded’s 2 STEP is a conventional 8% / 5% evaluation with a 5% daily and 8% static maximum loss, restricted EAs and news trading, and weekend holding allowed. RZR Funded’s Enhanced configuration links payouts to the completion of a time limit.

Choosing between entries

These steps turn the comparison into a shortlist, covering strategy fit, costs, payouts, regulation and the platform.

1. Start from your strategy’s non-negotiables. If you trade news, remove the firms that restrict news trading. If you hold through weekends, remove those that restrict or do not allow weekend holding. If you run an EA, keep only those that allow EAs, then read what the firm prohibits within that. This usually shrinks thirteen firms to a handful.
2. Match the daily limit to your worst normal day. Take the largest single-day loss in your own record under ordinary conditions, add a margin for slippage and costs, and rule out any firm whose daily limit sits below it. A strategy whose bad days reach 3.5% is incompatible with a 3% limit regardless of price.
3. Prefer the drawdown type that fits how you make money. Static limits suit traders who build profit early and then trade freely. End-of-day limits suit traders who rarely give back much of a winning streak. Where a firm does not state the type, read its rule page until you can calculate where the floor sits after a profitable week.
4. Compare cost per realistic attempt, not per purchase. Use list prices, the fee-to-drawdown ratio, the refund trigger and the reset price. If your honest pass rate is one in three, funding costs three fees, possibly less resets or refunds. The cheapest prop firm challenges ranking sorts by price if cost decides.
5. Check how you get paid. Confirm that you can receive the payout method and whether the first payout waits on a minimum period, profit or number of trading days.
6. Confirm the entities and your eligibility. Find out who takes your payment, who operates the platform and whether your country is accepted, and verify any licence with its regulator.
7. Try the platform and start small. Execution, symbol specifications, commission display and how the dashboard shows your daily loss reference are easiest to judge on the smallest account or a free trial. Once the rules are familiar, buy the account size you plan to trade.

User reviews add what the terms cannot: how a firm behaves when a payout or a disputed breach is on the line. Read the reviews on the prop firm reviews page themselves, not just the average, and weight them by how recent they are.

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