What a prop firm challenge actually costs, and what it pays

How to read these figures

The headline fee is the least useful number on the page. What decides whether an evaluation is passable is the relationship between the profit target — how much you must make — and the loss limits — how much you may lose while making it.

The limit that ends most evaluations

The maximum daily loss caps how far the account may fall within a single trading day. It is breached far more often than the overall limit, because it applies to ordinary intraday drawdown, not just a bad run. A low-fee challenge with a 3% daily limit can be considerably harder than a dearer one with 5%.

Static versus trailing

A static maximum loss is measured from your starting balance and stays put. A trailing drawdown follows your account's high-water mark upward, so profit raises the floor beneath you. At the same headline percentage, trailing is materially harder.

Referral codes, where a firm publishes one

Some firms publish a code that reduces the evaluation fee for a referred trader. Where one exists, the fee column shows the published price, what the code makes it, and the date we last confirmed the code on the firm's own page. A code is a term of the price like any other figure here: it is read from source, dated, and recorded in the change ledger when it moves. We may earn a commission if you use one — which is why the code sits beside the date we checked it, so the claim can be judged rather than taken on trust. A code we cannot date is not shown at all.

What the profit split actually buys

The split applies after you pass, on profits made on the firm's simulated capital, paid on its payout cycle. A 90% split on a weekly cycle and a 90% split on a monthly cycle are different products. Neither is an investment return; both are contractual and depend on the firm honouring them.

Most participants do not pass, and fees are generally non-refundable. How we collect and check these figures →

About this comparison

Every number here is read from at least two independent public sources — the firm's own published terms and an independent aggregator — and cross-checked. Where they disagree on a key figure the firm's own page wins and the disagreement is logged; where there is no clear answer the entry is frozen rather than guessed. Rankings are arithmetic over the tracked set. We publish no overall score, because a single composite number reads as a verdict rather than a fact.