Reviewed · how we check firm rules
Read the plan, not the marketing page
Prop firm rulebooks, firm by firm
Five firms, each on its own page, with the figures read from the firm's own documentation and converted into the dollars you will see on the platform. Where a figure could not be confirmed, it is marked unconfirmed rather than filled in from a comparison table.
The five rulebooks
| Firm | Model | Drawdown | What decides the outcome | Rulebook |
|---|---|---|---|---|
| FTMO | 2-Step: 10% then 5% | Static 10% | Five percent a day, four minimum days, no consistency rule at evaluation | FTMO rules |
| FundedNext | Stellar 2-Step: 8% then 5% | Static 10% | Five minimum days and a consistency term that only appears at checkout | FundedNext rules |
| The5ers | High Stakes: 10% then 5% | Static 10% | Three profitable days, which is not the same as three days | The5ers rules |
| Apex | One phase, dollar target per size | EOD or intraday trailing | The floor rises with the peak, and payout needs a 50% best day | Apex rules |
| Topstep | Combine, dollar target per size | EOD trailing, locks at start | Consistency at 55% during the Combine, and a daily limit that is optional | Topstep rules |
The full numeric comparison — including plans not covered here — is in the rules matrix, and the mechanics behind each column are explained one at a time in the eight rules that end challenges.
Why these five
Because these are the plans whose figures were read from the firm's own rulebook and dated. There is no value in a directory that lists forty firms when the numbers for thirty-five of them were copied from another comparison site two years ago. Five verified rulebooks beat forty guesses, and unconfirmed rows here say so rather than pretending.
It also matters that the five cover four different structures. Two are static with a two-phase target, two are futures evaluations with dollar targets and a trailing floor, and one counts profitable days instead of days. If you can read those four structures you can read almost any plan on the market, because the differences that decide outcomes are structural rather than cosmetic.
What actually separates them
The headline target is the least useful number on any of these pages. What decides an evaluation is the drawdown model — static, end-of-day trailing or intraday trailing — followed by the daily limit, and then the calendar in the form of minimum days. Two firms with an identical 10% target can be wildly different assignments for the same strategy, and a trader can pass one and fail the other with an unchanged trading plan.
The second separator is the consistency clause, and specifically the stage it applies at. FundedNext asks you to confirm it at checkout. Apex enforces it at payout. Topstep enforces 55% during the Combine. The5ers states none. That single difference changes whether a good week is an asset or a liability.
What these pages are not
They are not reviews. Whether a firm pays on time, how quickly support responds and what the funded phase feels like are separate questions, covered in the firm guides linked from each page. And they are not a statement that any firm permits a third-party trader on an evaluation.
That last point is worth stating plainly: the rules below tell you how an evaluation is scored, not whether it is allowed to be traded by someone else. Some firms prohibit it outright, and a pass on a prohibited account produces a funded account that can be voided at the first payout request. Check the clause, in writing, before paying anyone — including us. Our risk disclosure sets out what that exposure actually is.
How to use a firm page
- Open the page for the firm you are considering and note the drawdown model first.
- Convert the percentages into cash for the size you are buying — the rule checklist generator does this in one step.
- Check the minimum-days rule against your available sessions, because it often binds before the target does.
- Read the source links at the foot of the page and confirm each figure on the plan you are actually buying.
Frequently asked
Are these figures current?
Each page carries the date its figures were read from the firm's documentation, and the source links are listed at the foot. Firms revise targets, drawdown models and consistency terms without notice, so confirm anything you are about to pay a fee against.
Why are some numbers missing?
Because they are published per account size and were not independently confirmed in this pass. A missing figure is more useful than one copied from a different size or a legacy plan.
Which of these is easiest to pass?
It depends on the strategy rather than on the firm. A static floor with no consistency rule is the most forgiving structure. A trailing floor removes room as profit accumulates and demands steadily smaller size, which is a different skill from making a target.
Does ElitePropX trade evaluations at all five firms?
For any firm whose terms permit third-party trading. Where a firm prohibits it, we say so in writing before payment rather than after, and we do not take the job.
What does the service cost?
A flat $220 per evaluation at any firm and any account size, retries covered while the evaluation runs, no profit split on the funded account. The firm's own challenge fee is separate and paid to the firm.
Where these rules come from
Firm figures on this page are read from the rulebooks below rather than from other comparison sites. Every link was opened and checked on . Firms revise targets and drawdown rules without notice, so confirm the figures on the plan you are buying before paying. How we check firm rules sets out what a checked date means, what we publish when a figure cannot be confirmed, and how corrections are handled.
- FTMO — 2-Step Challenge trading objectives
- FundedNext — CFD trading objectives
- The5ers — High Stakes plan rules
- Apex Trader Funding — EOD evaluation parameters, intraday trailing drawdown, 50% consistency requirement
- Topstep — maximum loss limit, daily loss limit, consistency targets