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Ad / advertising disclosure: links marked 'Ad' are paid affiliate links - we earn a commission if you buy an evaluation through them; this can affect which firms are listed, not the terms you receive. What this page is: a factual comparison of published fees and rules, collected from at least two public sources on the date shown and cross-checked; per-field rankings are arithmetic over the tracked set (see Methodology). It is not a recommendation or opinion about whether you should buy any evaluation, and it is not financial advice. What these products are: prop-firm 'challenges' are paid evaluations on simulated accounts; any later 'funded' stage is a contractual profit share from the firm, not an investment return; most participants do not pass; fees are generally non-refundable. The firms listed are not authorised or supervised by the FMA (NZ), ASIC (AU), FCA (UK), CFTC/SEC (US) or any EU regulator, and you have no investor-compensation protection. Operated from New Zealand.
What does the profit split mean?
The profit split is the proportion of simulated gains recorded on a funded-stage account that the participant may request as a payment under the contract. The remainder stays with the firm. It is expressed as a share of the profit measured above a reference point — usually the highest balance already paid out from, or the starting balance of the stage — so gains that merely recover an earlier drawdown generally do not count toward a new request. The split applies only to the simulated performance the account is credited with; it is not a share of any external trading result and does not describe capital held by the participant.
The headline share describes only the arithmetic once a payment is due. The conditions attached to it determine whether that point is reached. Payments can normally be requested on a fixed cycle rather than on demand, and the clock typically starts from the first trade or from account activation rather than from the day a target is hit. A minimum profit is usually required before a request is accepted, so small gains carry over rather than being paid. Some programmes raise the share after a set number of completed cycles, or condition the higher share on consistency rules — limits on how much of total profit may come from a single day or a single position. Where such rules exist, an account can be profitable in aggregate and still have a request reduced or deferred until the profit distribution is spread more evenly.
Comparison between offers is therefore only meaningful when the split is read together with the cycle length, the minimum threshold, and the rules that terminate the account. A larger share on a long cycle can produce fewer payment opportunities than a smaller share on a short one, and a daily-loss or maximum-drawdown breach ends the account regardless of accumulated profit, cancelling any pending request in most terms. Two further points are commonly misread: the split is applied to profit, not to account size, and the firm's remainder is not a fee deducted from a payment but its retained share defined before any request exists. Terms also permit revision of the split for new accounts, so a published figure describes the contract signed, not a permanent entitlement.
A general explanation of how this works across the offers we track. It is not advice, and it deliberately states no figures — the figures are on the comparison, where they are re-read from source on a schedule and dated.
See how this term is set, offer by offer
Every figure behind these is on the comparison table, read from the firm's own published terms and an independent source and dated. Listed alphabetically, not ranked; links marked "Ad" are paid.
Troy Jackson — Builds and maintains the data pipeline behind this site: selects and verifies each source by hand, and cross-checks every published figure against at least two independent public sources.
Troy built the engine that collects, cross-checks and tracks the figures on this site. Each offer is read from the firm's own published terms and from an independent aggregator, re-checked on a schedule, and dated; where sources disagree on a key figure the page is frozen rather than guessed. Rankings are arithmetic over the tracked set, not opinions. About · Methodology
Data last verified 2026-08-31 from Prop Firm Challenges sources; computed fields are ours.
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Firms revise fees, drawdown limits and payout rules often, and usually without announcing it. Every offer here is re-read from source on a schedule — when a published figure moves, you get the change itself, with the date and what it moved from.
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