Prop firm rules compared (2026)
Most prop firm challenges cap the daily loss at 3–5% and the maximum loss at 6–10% of the starting balance, with a profit target of 8–10% in phase 1 and 4–6% in phase 2. Futures firms such as Topstep and Apex use fixed dollar amounts and a drawdown that trails your end-of-day balance.
41 programs from 11 firms, each checked against the firm's official help center or rules pages. Last checked Oct 29, 2026; the date for each program is in the table and on each firm's page.
Rules table
Sort by daily loss, max loss or profit target, and filter by market and number of phases. Percentages refer to the initial account balance. "—" means the value could not be verified.
| Firm / program | Market | Phases | Min. days | Time limit | Profit split | Consistency | News / weekend | Verified | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Apex Trader Funding EOD Trailing Drawdown Evaluation (Apex 4.0) $25K, $50K, $100K, $150K lot size calculator | Futures | 1 | 25K: $1,500 50K: $3,000 100K: $6,000 150K: $9,000 | 25K: $500 50K: $1,000 100K: $1,500 150K: $2,000 pauses the day, no fail net session P&L resets 6:00 PM ET | 25K: $1,000 50K: $2,000 100K: $3,000 150K: $4,000 end-of-day trailing | None | 30 calendar days | 100% | Eval: None Funded: 50% | News: — Weekend: — | Verified Sep 26, 2026 apextraderfunding.com (archive)Notes and sources (6)Note: Apex 4.0 lineup (since 1 Mar 2026). The daily loss limit pauses the session, it does not fail the account. Drawdown is recalculated at 4:59:59 PM ET from the highest end-of-day balance. Funded (PA) payouts: largest day < 50% of profit since the last payout. One-time fee, no resets. |
| Apex Trader Funding Intraday Trailing Drawdown Evaluation (Apex 4.0) $25K, $50K, $100K, $150K lot size calculator | Futures | 1 | 25K: $1,500 50K: $3,000 100K: $6,000 150K: $9,000 | None | 25K: $1,000 50K: $2,000 100K: $3,000 150K: $4,000 intraday trailing | None | 30 calendar days | 100% | Eval: None Funded: 50% | News: — Weekend: — | Verified Sep 26, 2026 apextraderfunding.com (archive)Notes and sources (5)Note: Drawdown trails the peak balance in real time, including unrealized P&L. Legacy accounts bought before 1 Mar 2026 keep their old rules. |
| Blue Guardian 1 Step Standard $5K, $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 1 | 9% | 4% from higher of balance/equity resets 5:00 PM EST | 6% trailing | 3 days profitable | Unlimited | 85% – 90% | Eval: None Funded: None | News: restricted when funded Weekend: allowed | Verified Sep 26, 2026 help.blueguardian.comNotes and sources (2)Note: 9% target for accounts bought from 20 Aug 2026 (10% before). Max loss trails the highest closed balance and locks at the starting balance once +6% is reached. Profitable day = at least 0.5%. Guardian Shield (funded): closes all trades at -2% open P&L; 1st trigger cuts the split to 50%, 2nd breaches the account. |
| Blue Guardian 2 Step Standard $5K, $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 2 | 8% / 4% | 4% from higher of balance/equity resets 5:00 PM EST | 8% static | 3 days profitable | Unlimited | 85% – 90% | Eval: None Funded: None | News: restricted when funded Weekend: allowed | Verified Sep 26, 2026 help.blueguardian.comNotes and sources (2)Note: 3 profitable days for accounts bought from 20 Aug 2026 (5 before). Static max loss on the initial balance, equity-based. Guardian Shield at 2% on the funded stage. |
| Blue Guardian Instant (Standard) $5K, $10K, $25K, $50K, $100K, $200K, $300K, $400K lot size calculator | Forex / CFD | Instant | None | 3% from higher of balance/equity resets 5:00 PM EST | 6% trailing | 5 days profitable, before payout | Unlimited | 80% – 90% | Funded: 20% | News: restricted Weekend: allowed | Verified Sep 26, 2026 help.blueguardian.comNotes and sources (2)Note: Max loss trails the highest closed balance and locks at the starting balance at +6%. Split 80% (90% add-on) per the help article; the site shows "up to 90%". Guardian Shield at 1% open loss. |
| Blue Guardian 1 Step Nano $5K–$200K lot size calculator | Forex / CFD | 1 | 10% | 4% from higher of balance/equity resets 5:00 PM EST | 6% trailing | None | Unlimited | 85% – 100% | Eval: 50% Funded: 50% | News: restricted when funded Weekend: allowed | Verified Sep 26, 2026 help.blueguardian.comNotes and sources (2)Note: Budget model. No minimum days in the challenge, 5 on the funded account. Split 85% (100% add-on). No Guardian Shield listed. |
| Blue Guardian 2 Step Nano $25K–$200K lot size calculator | Forex / CFD | 2 | 8% / 5% | 3% from higher of balance/equity resets 5:00 PM EST | 10% static | None | Unlimited | 80% | Eval: None Funded: 50% | News: restricted when funded Weekend: allowed | Verified Sep 26, 2026 help.blueguardian.comNotes and sources (2)Note: Budget model. 50% consistency rule on the funded account only. No Guardian Shield listed. |
| E8 Markets E8 One (1-step, customizable) $5K, $10K, $25K, $50K, $100K, $200K, $400K, $500K lot size calculator | Forex / CFD | 1 | 6% configurable: 6% / 9% / 12% / 15% / 21% | 3% configurable: 3% / 4% / 5.3% / 6.6% / 9.2% from the balance at reset resets 00:00 server (UTC+2/+3) | 4% trailing configurable: 4% / 6% / 8% / 10% / 14% | None | Unlimited | 80% – 100% | Eval: None Funded: 40% | News: restricted when funded Weekend: allowed | Verified Sep 26, 2026 help.e8markets.comNotes and sources (5)Note: Target, daily and max loss are chosen together; the preset is shown first. Max loss trails the highest closed balance and locks at the initial balance. One closed trade every 60 days keeps the account active. E8's own articles disagree on the preset (6%/4% vs 4%/3%). |
| E8 Markets E8 Pro (Forex/Crypto, 1-step) $5K, $10K, $25K, $50K, $100K, $150K, $200K, $400K, $500K lot size calculator | Forex / CFD | 1 | 8% configurable: 6% / 8% / 10% | 2.5% from the balance at reset | 8% static configurable: 6% / 8% / 10% | None | Unlimited | 80% – 100% | Eval: None Funded: None | News: allowed Weekend: allowed | Verified Sep 26, 2026 help.e8markets.comNotes and sources (3)Note: Target is tied to the static drawdown chosen (6/8/10%). 2% daily profit cap: profit above 2% of initial balance is removed at rollover (challenge and funded). Static max loss moves only when the first payout is processed. |
| E8 Markets E8 Signature $25K, $50K, $100K, $150K lot size calculator | Forex / CFD Futures | 1 | — | None | — end-of-day trailing | — | — | 80% | Eval: — Funded: 35% | News: allowed Weekend: not allowed | Verified Sep 26, 2026 help.e8markets.comNotes and sources (3)Note: Forex, crypto and futures. No hard daily breach; the performance account has a daily pause (soft breach). End-of-day dynamic drawdown that turns static at the starting balance. Payout caps apply. Target, max loss amount, minimum days and time limit could not be verified. |
| FTMO FTMO Challenge 2-Step (Standard) $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 2 | 10% / 5% | 5% from the balance at reset resets 00:00 CE(S)T | 10% static | 4 days per phase | Unlimited | 80% – 90% | Eval: None Funded: None | News: restricted when funded Weekend: not when funded | Verified Oct 29, 2026 ftmo.comNotes and sources (7)Note: Daily: equity may not fall below the 00:00 CE(S)T balance minus 5% of initial capital. Max loss: equity may not fall below initial capital minus 10%. Funded account: no trading 2 min around restricted news; close before the weekend. Fee refundable. 90% via Scaling Plan or Premium Programme. |
| FTMO FTMO Challenge 2-Step (Swing) $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 2 | 10% / 5% | 5% from the balance at reset resets 00:00 CE(S)T | 10% static | 4 days per phase | Unlimited | 80% – 90% | Eval: None Funded: None | News: allowed Weekend: allowed | Verified Oct 29, 2026 ftmo.com |
| FTMO FTMO Challenge 1-Step $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 1 | 10% | 3% from the balance at reset resets 00:00 CE(S)T | 10% end-of-day trailing | None | Unlimited | 90% | Eval: 50% Funded: 50% | News: restricted when funded Weekend: not when funded | Verified Oct 29, 2026 ftmo.comNotes and sources (4)Note: Max loss = highest 00:00 CE(S)T balance of any previous day (or initial capital if higher) minus 10% of initial capital; it only ratchets up and resets after a Reward. Consistency (accounts ordered from 12 Oct 2026): best day must be 50% or less of total profit to pass or to get a Reward; exceeding it is not a breach, you keep trading. Older accounts keep the Best Day Rule (50% of positive days' profit). Fee not refunded. |
| FTMO FTMO Instant Account $5K–$100K lot size calculator | Forex / CFD | Instant | None | 3% from the balance at reset resets 00:00 CE(S)T | 10% intraday trailing | None | Unlimited | 90% | Funded: 30% | News: — Weekend: — | Verified Oct 29, 2026 ftmo.comNotes and sources (3)Note: Marked "New" by FTMO: no evaluation, the FTMO Account is active on purchase. Max loss trails the highest closed balance in real time (balance-based, open profit does not move it) and does not reset after a Reward. Consistency for a Reward: best day 30% or less of total profit, measured again from zero after each Reward. News and weekend rules for Instant are not spelled out on the pages checked. |
| FundedNext Stellar 2-Step $6K, $15K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 2 | 8% / 5% | 5% from the balance at reset resets 00:00 server (GMT+2/+3) | 10% static | 5 days per phase | Unlimited | 60% – 95% | Eval: None Funded: 40% | News: restricted when funded Weekend: allowed | Verified Oct 29, 2026 fundednext.comNotes and sources (8)Note: Daily limit is a fixed dollar amount (5% of initial balance) below the day's starting balance; closed and floating P&L count. Split chosen at checkout: 80% Standard (first reward after 21 days), 60% on the 3 profitable days option, 90% On-Demand, 95% with the Lifetime add-on. On-Demand reward: best day 40% or less of total profit. Funded: 40% of profit from trades 5 min around high-impact news is counted. |
| FundedNext Stellar 1-Step $6K, $15K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 1 | 10% | 3% from the balance at reset resets 00:00 server (GMT+2/+3) | 6% static | 2 days | Unlimited | 80% – 95% | Eval: None Funded: None | News: restricted when funded Weekend: allowed | Verified Oct 29, 2026 help.fundednext.comNotes and sources (5)Note: 80% initial split for purchases from 12 Jan 2026, up to 95%. Rewards every 5 business days; fee refunded at the 3rd reward. Funded: 40% of news-window profit counted. |
| FundedNext Stellar Lite $5K, $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 2 | 8% / 4% | 4% from the balance at reset resets 00:00 server (GMT+2/+3) | 8% static | 2 days per phase | Unlimited | 60% – 95% | Eval: None Funded: 40% | News: restricted when funded Weekend: allowed | Verified Oct 29, 2026 help.fundednext.comNotes and sources (5)Note: 2 minimum days per phase for accounts bought or reset from 12 Oct 2026 on the default 10-day reward cycle (5 before, and still 5 on the 3 profitable days and On-Demand options). Split: 80% default, 60% 3 profitable days option, 90% On-Demand, 95% with add-on. On-Demand reward: best day 40% or less of total profit. Optional add-on raises max loss from 8% to 10%. |
| FundedNext Stellar Instant $2K, $5K, $10K, $20K lot size calculator | Forex / CFD | Instant | None | None | 6% trailing | None | — | 70% – 80% | Funded: None | News: restricted Weekend: allowed | Verified Oct 29, 2026 help.fundednext.comNotes and sources (2)Note: No daily loss limit, but the 6% max loss trails the highest balance (capped at the initial balance) and never resets after a reward. Split 70% on tiers 1-2, 80% from tier 3. Reward on demand at 5% growth or every 14 days with at least 1%. No fee refund. 40% of news-window profit counted. Overnight and weekend holding allowed. |
| Funding Pips 2 Step Standard $5K, $10K, $25K, $50K, $100K lot size calculator | Forex / CFD | 2 | 8% / 5% | 5% configurable: 5% / 3% from higher of balance/equity resets 00:00 UTC+3 | 10% static | 3 days per phase | Unlimited | 60% – 100% | Eval: None Funded: 35% | News: restricted when funded Weekend: not when funded | Verified Oct 29, 2026 help.fundingpips.comNotes and sources (2)Note: Daily loss 5%, or 3% as a checkout option (then no minimum days). 10% Phase-1 target retired 24 Jul 2026. Split by reward cycle: weekly 60%, bi-weekly 80%, on demand 100%; on demand needs a 35% consistency score and 7 profitable days (0.5%+), weekly and bi-weekly have no consistency rule. Master: no overnight or weekend holding without the Swing add-on; profit from trades opened or closed 5 min around high-impact news is deducted. The Profit Concentration Policy is now listed only under Legacy Rules. |
| Funding Pips 2 Step Pro $5K, $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 2 | 6% / 6% | 3% from higher of balance/equity resets 00:00 UTC+3 | 6% static | None | Unlimited | 80% – 100% | Eval: None Funded: 35% | News: restricted when funded Weekend: not when funded | Verified Oct 29, 2026 help.fundingpips.comNotes and sources (2)Note: No minimum trading days for accounts bought or reset from 26 Aug 2026 (older accounts keep 1 per phase). Split: weekly 80%, or on demand 100% with a 35% consistency score. Master: no overnight or weekend holding without the Swing add-on. The Profit Concentration Policy is now listed only under Legacy Rules. |
| Funding Pips FundingPips Zero (instant) $5K, $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | Instant | None | 3% from higher of balance/equity resets 00:00 UTC+3 | 5% trailing | 7 days profitable, before payout | Unlimited | 95% | Funded: None | News: not allowed Weekend: not allowed | Verified Oct 29, 2026 help.fundingpips.comNotes and sources (2)Note: Max loss trails the highest recorded equity and locks at the initial size at +5%. 1% Max Open Risk and 3% (<$50K) / 2% ($50K+) risk per trade idea are the binding sizing limits. 7 profitable days (0.25%+) per rolling 30 days. News trading and weekend holding are hard breaches. |
| Funding Pips 2 Step Flex $5K, $10K, $25K, $50K, $100K lot size calculator | Forex / CFD | 2 | 10% / 8% | 4% from higher of balance/equity resets 00:00 UTC+3 | 12% static | 1 day per phase | Unlimited | 80% – 100% | Eval: None Funded: 35% | News: restricted when funded Weekend: not when funded | Verified Oct 29, 2026 help.fundingpips.comNotes and sources (3)Note: Split chosen at purchase: 80% bi-weekly with 1 minimum day per phase, or 95% bi-weekly with 3 profitable days (0.5%+); on demand 100% with a 35% consistency score. No consistency rule on either bi-weekly split. Also sold: 1 Step Flex (12% target, 2% or 3% daily, 12% max, no minimum days). The old 1 Step Model is no longer offered. |
| FXIFY One Phase $5K, $10K, $15K, $25K, $50K, $100K, $200K, $400K lot size calculator | Forex / CFD | 1 | 10% | 3% from the balance at reset resets 5:00 PM EST | 6% trailing | 5 days | Unlimited | 80% – 90% | Eval: None Funded: None | News: allowed Weekend: allowed | Verified Sep 26, 2026 fxify.com |
| FXIFY Two Phase (Standard) $5K–$400K lot size calculator | Forex / CFD | 2 | 10% / 5% | 4% from the balance at reset resets 5:00 PM EST | 10% trailing | 5 days per phase | Unlimited | 80% – 90% | Eval: None Funded: None | News: allowed Weekend: allowed | Verified Sep 26, 2026 fxify.com |
| FXIFY Two Phase (Classic) $5K–$100K lot size calculator | Forex / CFD | 2 | 5% / 10% | 4% from the balance at reset resets 5:00 PM EST | 10% static | 4 days | Unlimited | 80% – 100% | Eval: None Funded: 25% | News: allowed Weekend: allowed | Verified Sep 26, 2026 fxify.com |
| FXIFY Two Phase (Pro) $10K–$250K lot size calculator | Forex / CFD | 2 | 4% / 8% | 4% from the balance at reset resets 5:00 PM EST | 8% static | 3 days profitable | Unlimited | 80% | Eval: other rule Funded: other rule | News: allowed Weekend: allowed | Verified Sep 26, 2026 fxify.com |
| FXIFY Instant Funding (Standard) $1K, $2.5K, $5K, $10K, $25K, $50K, $75K, $100K lot size calculator | Forex / CFD | Instant | None | 8% from the balance at reset resets 5:00 PM EST | 8% trailing | — | Unlimited | up to 90% | Funded: None | News: not allowed Weekend: not allowed | Verified Sep 26, 2026 fxify.com |
| FXIFY Lightning Challenge $10K, $25K, $50K, $100K lot size calculator | Forex / CFD | 1 | 5% | 3% from the balance at reset | 4% trailing | 3 days | 5 trading days | up to 90% | Eval: 30% Funded: 30% | News: not allowed Weekend: allowed | Verified Sep 26, 2026 fxify.com |
| Goat Funded Trader 1-Step $5K, $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 1 | 10% | 3% from higher of balance/equity resets 5:00 PM EST | 6% static | 3 days | Unlimited | 80% – 100% | Eval: None Funded: None | News: restricted Weekend: allowed | Verified Sep 26, 2026 help.goatfundedtrader.comNotes and sources (4)Note: 3% daily for accounts bought from 1 Aug 2026 (4% before); 1-Step relaunched 2 Aug 2026. Profit from trades within 5 min of red-folder news is capped at 1% of initial balance. Funded: $3,000 daily profit cap, 4 days (0.5%+) per payout. |
| Goat Funded Trader 2-Step Standard $5K, $10K, $25K, $50K, $100K, $200K lot size calculator | Forex / CFD | 2 | 10% / 5% | 5% from higher of balance/equity resets 5:00 PM EST | 10% static | 3 days per phase | Unlimited | 80% – 100% | Eval: None Funded: None | News: restricted Weekend: allowed | Verified Sep 26, 2026 help.goatfundedtrader.comNotes and sources (2)Note: 1% profit cap on trades within 5 min of red-folder news. Funded: $3,000 daily profit cap, 4 days per payout (accounts from 25 Jul 2026). |
| Goat Funded Trader 2-Step GOAT $5K, $10K, $25K, $50K, $100K, $150K lot size calculator | Forex / CFD | 2 | 8% / 6% | 4% from higher of balance/equity resets 5:00 PM EST | 10% static | 3 days per phase | Unlimited | 80% – 100% | Eval: None Funded: None | News: restricted Weekend: allowed | Verified Sep 26, 2026 help.goatfundedtrader.comNotes and sources (2)Note: 1% profit cap on trades within 5 min of red-folder news. Funded: 4 days per payout (accounts from 25 Jul 2026). The 2-Step Pro model is no longer sold (since 13 Jun 2026). |
| Goat Funded Trader Instant HERO $5K, $10K, $15K, $25K, $50K, $100K, $200K, $300K, $400K lot size calculator | Forex / CFD | Instant | None | 3% | 5% | 6 days before payout | — | 90% – 100% | Funded: 15% | News: — Weekend: — | Verified Sep 26, 2026 goatfundedtrader.comNotes and sources (2)Note: Figures from the homepage model table only; drawdown type, daily reset, news and weekend rules are not published there. |
| Maven Trading Standard 1-Step $2K, $5K, $10K, $20K, $50K, $100K lot size calculator | Forex / CFD | 1 | 8% | 3% from higher of balance/equity resets 00:00 UTC | 5% trailing | — | — | 80% | Eval: None Funded: 50% | News: restricted Weekend: allowed | Verified Sep 26, 2026 maventrading.comNotes and sources (2)Note: Max loss trails the highest equity watermark. No trades opened or closed 2 min either side of red-folder news. Funded best-day rule (50%) applies once profit exceeds $5,000. Payout every 10 business days, $10,000 per 30-day cycle. |
| Maven Trading Standard 2-Step $2K, $5K, $10K, $20K, $50K, $100K lot size calculator | Forex / CFD | 2 | 8% / 5% | 4% from higher of balance/equity resets 00:00 UTC | 8% static | 3 days profitable, per phase | Unlimited | 80% | Eval: None Funded: 50% | News: restricted Weekend: allowed | Verified Sep 26, 2026 maventrading.comNotes and sources (2)Note: Profitable day = at least 0.5%, also required on the funded account before a withdrawal. Funded best-day rule (50%) above $5,000 profit. |
| Maven Trading Standard 3-Step $2K, $5K, $10K, $20K, $50K, $100K lot size calculator | Forex / CFD | 3 | 3% / 3% / 3% | 2% from higher of balance/equity resets 00:00 UTC | 3% static | — | — | 80% | Eval: None Funded: 50% | News: restricted Weekend: allowed | Verified Sep 26, 2026 maventrading.comNotes and sources (2)Note: Target equals the max loss in every phase (3% vs 3%). Funded best-day rule (50%) above $5,000 profit. |
| Maven Trading Omo 2-Step $2K, $5K, $10K, $20K, $50K, $100K lot size calculator | Forex / CFD | 2 | 6% / 8% | 4% from higher of balance/equity resets 00:00 UTC | 8% static | 4 days profitable, per phase | 180 days, all phases | 80% | Eval: None Funded: None | News: restricted when funded Weekend: — | Verified Sep 26, 2026 maventrading.comNotes and sources (2)Note: End-of-day daily limit. 150-second minimum hold. Funded news profit capped at 0.5% per event. First payouts capped at 6%, then 8%. |
| The5ers Hyper Growth (1-Step) $5K, $10K, $20K lot size calculator | Forex / CFD | 1 | 10% | 3% pauses the day, no fail from higher of balance/equity resets 00:00 server (MT5) | 6% static | None | Unlimited | 50% – 100% | Eval: — Funded: — | News: allowed Weekend: allowed | Verified Oct 29, 2026 the5ers.comNotes and sources (3)Note: The 3% daily limit closes trades and disables the account until the next day; it does not fail it. Stop-out 6% below the initial size, on equity. Account doubles at each 10% target, scaling up to $4M. Split 50% at $5K-$20K levels, 75% from $40K, 80-100% from $640K. Accounts inactive 30+ days expire. |
| The5ers Pro Growth (1-Step) $5K, $10K, $20K, $50K lot size calculator | Forex / CFD | 1 | 10% | 3% from higher of balance/equity resets 00:00 server (MT5) | 6% static | 3 days profitable | Unlimited | 75% – 100% | Eval: — Funded: — | News: allowed Weekend: allowed | Verified Oct 29, 2026 the5ers.comNotes and sources (2)Note: New 1-Step Growth variant. Unlike Hyper Growth, the 3% daily limit terminates the account. Split 75% up to $300K, 80% at $350K, 80-100% from $400K. The $50K size is listed on the official program page (checked 29 Oct 2026). |
| The5ers High Stakes (2-Step) $2.5K, $5K, $10K, $25K, $50K, $100K lot size calculator | Forex / CFD | 2 | 10% / 5% | 5% ($2.5K–$25K) 4% ($50K–$100K) from higher of balance/equity resets 00:00 server (MT5) | 10% ($2.5K–$25K) 8% ($50K–$100K) static | 3 days profitable, per phase | Unlimited | 80% – 100% | Eval: — Funded: — | News: restricted Weekend: allowed | Verified Oct 29, 2026 the5ers.comNotes and sources (4)Note: Targets shown for the "New" variant; Classic is 8% / 5%. Orders may not be executed from 2 min before to 2 min after high-impact news (holding through news is allowed). Profitable day = 0.5%+ of initial balance. Payout caps: $3,000/cycle on $50K, $4,000/cycle on $100K. Not the same as the limited "Summer Plan" promo (3% daily, 10% max). |
| The5ers Bootcamp (3-Step) $20K, $100K, $250K lot size calculator | Forex / CFD | 3 | 6% / 6% / 6% | None | 5% static | None | Unlimited | up to 100% | Eval: — Funded: — | News: allowed Weekend: allowed | Verified Oct 29, 2026 the5ers.comNotes and sources (2)Note: No daily limit during the evaluation; a 3% daily pause applies once funded. Max loss 5% per evaluation step, 4% on the funded account. Sizes are funded tiers ($20K tier runs $5K, $10K, $15K steps). Stop loss mandatory. Fee non-refundable. |
| Topstep Trading Combine → Express Funded Account $50K, $100K, $150K lot size calculator | Futures | 1 | 50K: $3,000 100K: $6,000 150K: $9,000 | 50K: $1,000 100K: $2,000 150K: $3,000 optional add-on pauses the day, no fail net session P&L resets 5:00 PM CT | 50K: $2,000 100K: $3,000 150K: $4,500 end-of-day trailing | None | Unlimited | 90% | Eval: 55% Funded: 40% | News: restricted Weekend: not allowed | Verified Sep 26, 2026 help.topstep.comNotes and sources (10)Note: Combine consistency: best day must be 55% or less of the profit target, a hard line (50% until early Sept 2026); otherwise the target rises. No fixed minimum days, so 2 days in practice. The daily loss limit is an optional checkout add-on that pauses the session; it is mandatory only in the Live Funded Account. Max loss trails the end-of-day balance and locks at the starting balance. Flat by 3:10 PM CT daily. Monthly subscription. XFA Consistency payout path: 40%. |
Futures firms quote dollar amounts per account size; when sorting, they are compared as a share of the 50K account. Multi-phase targets are sorted by their total. Rows without a limit, or with an unverified value, always sort last.
How to read the table
- Static max loss
- The floor is fixed at a percentage of the initial balance. Profit you make adds to your room.
- Trailing max loss
- The floor rises with each new balance or equity high, so profit does not add room. Many firms stop trailing once the floor reaches the starting balance.
- End-of-day trailing
- The floor only moves up based on your closing balance, not on open profit during the day.
- Pause instead of fail
- Hitting the daily limit closes your trades and stops trading until the next session, but the account survives.
- Consistency
- The largest share of profit a single best day may represent, for passing (Eval) or for payouts (Funded).
- Instant
- Instant funding with no evaluation; minimum days then apply to payouts.
Rules by firm
One page per firm with every program, how the daily loss is measured and the official sources.
How to size your lots under these rules
The daily loss limit, not the profit target, decides how big your trades can be. Divide the daily limit by the number of full losses you want to survive in one day: with a 5% daily limit and 1% risk per trade, you can take four losses and still trade; the fifth hits the limit.
Trailing and end-of-day trailing drawdowns shrink your room after every new high until they lock, so size from the distance to the current floor, not from the starting balance. On futures, turn the dollar drawdown into ticks or points per contract before you pick a contract count.
Enter your balance, risk and stop loss in the lot size calculator to get the exact position size, or click a firm name in the table to open a calculator preset for that firm.
What changed recently
Rule changes we found while verifying the table. Accounts bought before a change usually keep their old terms.
- Apex Trader Funding · 1 March 2026
Apex 4.0 replaced the legacy lineup. Evaluations now come in $25K–$150K with an end-of-day or intraday trailing drawdown, and the payout consistency rule on funded accounts is 50% (it was 30%).
- Topstep · September 2026
The Trading Combine consistency target is now a hard line: your best day must be 55% or less of the profit target. It used to be 50% with a small buffer.
- Blue Guardian · 20 August 2026
The 1 Step Standard target dropped from 10% to 9%, and the 2 Step Standard now needs 3 profitable days instead of 5.
- Goat Funded Trader · June–August 2026
The 2-Step Pro stopped selling on 13 June. The 1-Step was relaunched on 2 August with a 3% daily loss (4% before) for accounts bought from 1 August, and the 3-Step was retired on 12 August.
- Funding Pips · July–August 2026
The 10% Phase-1 target was retired on 24 July. Accounts bought from 15 August can pick a monthly payout cycle at 100%, and from 26 August the 2 Step Pro needs 2 trading days per phase instead of 1.
- FTMO · 1-Step Challenge
The new 1-Step Challenge sits next to the 2-Step: 10% target, 3% daily loss, 10% end-of-day trailing max loss, a 50% Best Day Rule and a 90% split.
- The5ers · Pro Growth and High Stakes
Pro Growth is a new 1-Step where hitting the 3% daily limit fails the account, unlike the daily pause in Hyper Growth. High Stakes defaults to a "New" variant with 10% / 5% targets; Classic stays at 8% / 5%.
- FundedNext · 12 January 2026
Stellar 1-Step accounts bought from this date start at an 80% profit split, rising to 95%.
Why True Forex Funds is not in the table
True Forex Funds closed for good in May 2024, citing financial insolvency, after MetaQuotes ended its MT4/MT5 licences in February 2024. Its last published Two Phase rules (8% / 5% targets, 5% daily loss, 10% static max loss) remain only as a historical record.
Frequently asked questions
Among the evaluations in the table with a fixed limit, 5% is the highest: FTMO 2-Step, FundedNext Stellar 2-Step, Funding Pips 2 Step Standard, Goat Funded Trader 2-Step Standard and The5ers High Stakes on $2.5K–$25K accounts. E8 One can be configured up to 9.2%, and FXIFY Instant Funding allows 8% without an evaluation. Apex's intraday evaluation and The5ers Bootcamp have no daily limit during the evaluation, and FundedNext Stellar Instant has none at all, but their maximum loss still applies.
A trailing drawdown moves the maximum loss floor up as your account makes new highs, so profit does not widen your room. A static drawdown stays fixed at a percentage of the initial balance. Firms trail different things: FXIFY trails the highest closed balance, Maven the highest equity, FTMO 1-Step and Topstep the end-of-day balance, and Apex's intraday version includes unrealized profit in real time. Many trailing floors stop moving once they reach the starting balance.
On the FTMO 2-Step, yes. The max loss floor is fixed at 90% of the initial capital, so a $100K account sitting at $105K has $15K of room. On the 1-Step, no: the floor trails the highest midnight balance, so it stays 10% of initial capital below your best end-of-day balance and only resets after a Reward. On both, the daily limit is measured from the balance at 00:00 CE(S)T.
It depends on the firm. FTMO, FundedNext and FXIFY take a fixed amount (a percentage of the initial balance) off the balance at the daily reset. Funding Pips, Blue Guardian, Goat Funded Trader, Maven and The5ers use the higher of balance or equity at the reset, so open profit at the reset raises the floor. Futures firms count net session P&L. Reset times differ as well: 00:00 CE(S)T at FTMO, 5:00 PM EST at FXIFY and Goat Funded Trader, 00:00 UTC at Maven.
Most programs in the table have unlimited time, although some accounts expire after long inactivity (30 days at The5ers). The exceptions are Apex evaluations (30 calendar days), the FXIFY Lightning Challenge (5 trading days) and Maven's Omo 2-Step (180 days across both phases). Topstep has no deadline but bills monthly until you pass or cancel.
A consistency rule caps how much of your profit may come from a single day. FTMO 1-Step and Blue Guardian 1 Step Nano require the best day to be 50% or less of profit, FXIFY Lightning 30%, and the Topstep Combine 55% of the profit target. Many firms apply it only to payouts on the funded account, for example Apex (50%), Maven (50% once profit passes $5,000) and FundedNext's On-Demand cycle (40%). Breaking it usually delays a pass or payout rather than failing the account.
No. True Forex Funds announced its permanent closure for financial insolvency in May 2024, after MetaQuotes ended its MT4/MT5 licences in February 2024. Its website now shows only the closure notice, so it is left out of the comparison.
Every program was checked on Sep 26, 2026 against the firm's official help center, rules pages or checkout, and FTMO, FundedNext, Funding Pips, and The5ers were re-checked on Oct 29, 2026. Each row in the table and each firm page shows its own check date. Where a site blocked access (Apex, E8 Markets), 2026 archived copies of the official pages were used, and those links are marked as archive. Values we could not confirm are shown as "—". Rules change often, so confirm them on the firm's site before you buy.
Rules change often. Always check the current rules on the firm's own website before you buy a challenge. Fips is not affiliated with, sponsored by or endorsed by any of these firms, and nothing on this page is financial advice.
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