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Forex firms comparator

Pick two prop firms and see them side by side: rules, plans, platforms, leverage, commissions and payouts, next to each one's discount.

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56 differences

No active discount right now.

Headquarters

Registered office: Dover, Delaware, United States

Top floor, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia

CEO

Youssef Moussa

Lewis Mansbridge

Country

United States

Saint Lucia

Foundation

2025

2021

Banned Countries
Afghanistan, Belarus, Burundi, Central African Republic, Republic of the Congo, Cuba, Crimea, Democratic Republic of the Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe
Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Indices, Commodities, Crypto
Refund
Yes

The fee paid is reimbursed with the fourth payout. Purchases are final, except payment errors, undelivered services or mandatory legal rights.

No
Platforms
MatchTrader
Metatrader 5, cTrader, DXTrade, MatchTrader
Payout Methods
Transfer, Crypto
Rise, Crypto
Payment Methods
Card, Crypto, PayPal, ApplePay, GooglePay
Skrill, Neteller, Crypto, Card, ApplePay, GooglePay
Payout Frequency

On demand. After the first payout: 3 days with at least 0.5% realized net profit since the previous payout. No open positions or pending orders; identity verification required.

IF Evolve

On-demand payouts once the funded-stage eligibility requirements are met.

Instant Funding

First withdrawal after 14 days from your first trade; then every 7 days after each new trade.

Instant Funding GO

First withdrawal after 14 days from your first trade; then every 7 days after each new trade. Minimum withdrawal: $25.

Instant Funding Micro, One-Phase Micro, Two-Phase Micro, One-Phase & Two-Phase

On-Demand Payouts, withdraw anytime once eligible.

IF Micro Clarity

On-demand payouts, withdraw anytime once eligible.

One-Phase Clarity

First payout on-demand once the 1.5% minimum is reached; then every 7 days.

Instant Funding Clarity

First withdrawal after 14 days from your first trade; then every 7 days after each new trade.

IF Micro Lite

Payouts every 14 days once eligible; Smart Drawdown must be locked.

Payout Guarantee

Processed within 24 hours after account review and submission of all requested documents. If missed, 100% split for that payout. Bank and blockchain settlement times are excluded.

No data
Crypto Weekend Trading
Yes
Yes
Maximum Withdrawal

Up to 50% of profit per request. Capped at USD 2,500 for accounts up to USD 100,000; USD 5,000 for larger accounts. Remaining profit stays in the account.

IF Evolve

  • Maximum 50% of account profit per payout
  • Maximum $2,000 per request
  • Maximum 5 payouts per account
Minimum Withdrawal

USD 25

IF Evolve

  • $250

Other accounts

  • $25

IF Micro Lite

  • Net profit of at least 5% of starting balance, before profit split.
Brokers
No data

Liquidity Provider

Forex
100:1

IF Evolve

  • 30:1

Other accounts

  • 100:1 (30:1 with news trading add-on)

IF Micro Lite

  • 30:1
Metals
100:1

20:1 (8:1 with news trading add-on)

IF Micro Lite

  • 5:1
Energies
100:1

20:1 (8:1 with news trading add-on)

Indices
100:1

20:1 (8:1 with news trading add-on)

Stocks
100:1
No data
Crypto
5:1

2:1 (1:1 with news trading add-on)

Forex
No data
5 / lot
Metals
No data
5 / lot
Energies
No data
2 / lot
Indices
No data
2 / lot
Crypto
No data
1 / lot
Commission-Free Option
No data
Yes
Swap Free
No data
No
Account Reset
Limited

The Second Try add-on provides one reset if the account is breached. The rewards program Trader tier includes one free retry.

No

Accounts can't be reset. After a breach, traders must purchase a new account.

Add-ons
Yes

Paid add-ons: unrestricted funded news trading, 90% or 95% profit split, and Second Try.

Yes
  • Allow major news trading and weekend holding

  • Add 10% to profit split

  • +5% Best Day (IF Micro up to $50,000): raises Best Day limit from 15% to 20%

  • Extended 48-hour trading window (IF1 only)

  • Increased best trade limit of 20% (IF1 only)

  • IF Micro Lite: +10% profit split (90%).

Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes

From USD 10,000 accounts: 12% profit within 3 months adds 25% of the starting balance. Elite is a separate performance-based benefits program.

Yes

Challenge Accounts + Instant Funding Micro + IF Micro Clarity + One-Phase Clarity

+25% to starting balance every 90 days with 10% profit, up to 2× the original account size.

Instant Funding & Instant Funding GO

  • Instantly double your account when you reach 10% profit (up to $1,280,000).
  • You keep all profit except 5% of starting balance used for scaling.

IF Micro Lite

  • +25% to starting balance every 90 days with 10% profit, up to twice the original account size.
Two Steps
Yes
Yes
Max Drawdown

Static against the initial balance; includes floating losses and costs. Pay After Pass funded accounts have a 6% limit.

IF Evolve

  • End-of-Day trailing drawdown. It updates at 17:00 EST from the highest recorded end-of-day balance, only moves upward, and locks permanently at the starting balance.

Instant Funding, Instant Funding GO & Instant Funding Clarity

  • Smart Drawdown. Starts at –10% and shifts to –5% once you gain 5%. After that, the drawdown stays fixed at –5% of your starting balance, no matter how much you profit.

IF Micro Clarity & One-Phase Clarity

  • 6% trailing drawdown of the starting balance. Trails off closed trades only and never decreases.

Rest of accounts

  • Static

IF Micro Lite

  • Smart Drawdown locks permanently at -3% of starting balance after a 3% gain in closed-trade balance.
Daily Drawdown

Recalculated at 00:00 UTC from the higher of balance or equity, minus a fixed amount based on initial capital. Flex and Pay After Pass evaluation have no daily limit; funded Pay After Pass applies 3%.

IF Evolve

  • No Daily Loss limit during either the Challenge or Funded stage.

Instant Funding & Instant Funding GO

  • Highest balance or equity recorded at the end of the day (EOD high-watermark)

IF Micro Clarity

  • 3% of account value/day. Daily reset at 17:00 EST, recalculated on the higher of balance or equity.

One-Phase Clarity

  • 4% of account value/day. Daily reset at 17:00 EST, recalculated on the higher of balance or equity.

Instant Funding Clarity

  • No daily drawdown

IF Micro Lite

  • Recalculated at 17:00 EST on the higher of balance or equity. Breaching the daily limit closes the account.
Max Allocation
10,000,000

$1,000,000 combined starting balance across all programs, including IF Micro Lite. Scaled balances do not count toward this cap.

Maximum Trading Days

No time limit to pass the evaluation.

  • IF1: 24 hours
  • IF Micro Clarity & One-Phase Clarity: Unlimited
  • Rest of accounts (including Instant Funding GO): Unlimited
Points Reward Program

7 XP tiers. Purchases and tasks earn XP; 1% to 20% cashback redeemable for discounts. Annual tier review. Higher tiers retain previous benefits.

  • You earn 1 point for every $1 spent and you can use points to obtain promotional codes with discounts up to 50%.
  • You earn 10% of the final value (after discounts) in points for every purchase.
Minimum Profitable Days

1-Step and 2-Step Standard: 3 per phase and in funded. Flex: 5 per phase and in funded. Instant: 5 before the first payout. Pay After Pass: 0 in evaluation and 5 in funded. Each day requires at least 0.5% realized net profit; days need not be consecutive.

IF Evolve

  • 5 profitable days of at least 0.25% to pass the Challenge
  • Another 5 qualifying days are required for each funded payout

IF Micro Clarity

  • 5 profitable trading days per payout cycle, each generating at least 0.5% profit. The count resets after every successful payout.
Profit Split
No data

Instant Funding, Instant Funding GO, Instant Funding Micro, One Phase, One Phase Micro, Two Phase, Two-Phase Micro, IF Micro Clarity, One-Phase Clarity, Instant Funding Clarity

  • 80%

IF1

  • 90%

One-Phase, Two-Phase, and Two-Phase Micro Challenges

  • Trade for at least 3 months and achieve a profit of 10% or more
  • Contact support to request a review of your results
  • Once verified, your profit split will be increased to 90%

Clarity (Micro Clarity, One-Phase Clarity, Instant Funding Clarity)

  • Up to 90% with the +10% profit split add-on
Free Trial
No data
Yes
Three Steps
No data
No
Maximum Accounts
No data

IF Evolve

  • Up to 5 active Evolve accounts at the same time
Merge Accounts
No data
No
Minimum Trading Days
No data

Instant Funding, Instant Funding GO, Instant Funding Micro, IF1, IF Micro Clarity, One-Phase Clarity: No minimum

  • One Phase, One Phase Micro, Two Phase, Two-Phase Micro: 3 days

  • IF Micro Lite: No minimum

Monthly Competition
No data
Yes
Expert Advisor (EA)
Yes
Yes
Hedging
Yes

Allowed within the same account.

Yes
Requires Stop Loss
No
No
Scalping
Limited

More than 50% of trades held for less than one minute is prohibited.

Yes

Scalping is permitted, but not HFT. HFT includes trades held under 60 seconds or a high number of trades per hour.

Violations

  • 1–2: Warning + profit deduction
  • 3: Account breach
Stacking / Layering (DCA)
Limited

No aggressive scaling outside reasonable limits or 3 or more positions in one losing trading idea. Prior positions must be protected when adding.

Yes
Martingale
No
Yes

One-Phase, Two-Phase, IF Micro

Martingale is fully permitted. You can add to losing positions and increase lot sizes without restriction.

Instant Funding

Adding to losing positions is allowed, but repeatedly doubling lot sizes after losses is not permitted.

Maximum Risk Limit
Limited

Do not use more than 50% of available margin. The firm may impose a 1% maximum risk per trading idea after written notification.

Yes

Maximum Lot Rule: Full list here

Maximum risk per trade idea — funded accounts

  • General limit: 50% of the account's starting daily drawdown.
  • Instant Funding: 3% of the starting balance.
  • Instant Funding GO and One-Phase Crypto: 2%.
  • IF Micro, IF Micro Crypto and IF1: 1%.
  • Two-Phase Micro: 2% on accounts up to $50,000 and 1.5% on accounts of $100,000 or more.

Clarity accounts (IF Micro Clarity, One-Phase Clarity)

  • No maximum-risk-per-position rule. Instead, a circuit breaker closes all positions if unrealised losses exceed 1.5% (IF Micro Clarity) or 2% (One-Phase Clarity) of the starting balance. The first breach reduces the profit split to 50%; the second closes the account.

IF Micro Lite

  • Floating losses exceeding 1% of starting balance close all positions and trigger a strike. Account Drawdown and news-window violations share one strike pool: first strike reduces profit split to 50%; second closes the account.
Copy Trading
Limited

Only between accounts held by the same person, including external accounts. EAs and external copiers are allowed; each account must comply individually.

Yes
News Trading
Limited

Unrestricted in evaluation. In funded, no opening or closing from 5 minutes before until 5 minutes after high-impact news and FOMC events. The News Trading add-on removes this window. Without it, affected trade profits are removed.

Limited

IF Evolve

News trading is allowed during both the Challenge and Funded stages.

Challenge accounts

One-Phase, Two-Phase → free news trading.

Micro accounts

IF Micro, IF1, One-Phase Micro, Two-Phase Micro → news trading allowed.

Clarity accounts

IF Micro Clarity, One-Phase Clarity → news trading included by default (no add-on required). Straddling prohibited on One-Phase Clarity.

Funded accounts

Instant Funding, Instant Funding GO, Instant Funding Clarity, One-Phase, Two-Phase → news trading only with the Major News Trading add-on. Two-Phase Micro has news trading enabled by default.

News restriction window

Blocks market orders, pending limit orders, and TP/SL triggers on affected instruments:

  • Funded accounts: 4 min before + 4 min after news (8 min total).

Warning system (funded accounts: One-Phase, Two-Phase, Instant Funding, Instant Funding GO)

  • Up to 2 warnings with profit deductions for trades made inside the restriction window.
  • 3rd violation = account breach.
  • Profit deductions don't affect daily drawdown, but overall drawdown adjustments still apply.

IF Micro Lite

  • Trading on affected instruments is prohibited within 4 minutes before and after major news. Violations count toward the shared strike pool described under maximum risk.
Inactivity Rule
Yes

Account closure after 30 days without trades, in both evaluation and funded.

60 days

Consistency Rule
Yes

Checked only at payout: Instant and Pay After Pass, 15%; 1-Step and 2-Step, 30%. Each day counts at its highest net profit reached during the day, even if it closes at a loss. Trading may continue until the ratio is met.

Yes

No payout consistency rule

  • Instant Funding and Instant Funding GO
  • One-Phase Clarity and Instant Funding Clarity

Best-day / best-trade rule for payouts

  • IF Evolve: the best trading day must not exceed 40% of total profit during both the Challenge and Funded stages.

  • IF Micro, IF Micro Crypto, One-Phase Micro and Two-Phase Micro: the best trading day must not exceed 15% of total profit.

  • IF1: the most profitable trade must not exceed 15% of total profit.

  • IF Micro with the +5% Best Day add-on: 20%.

  • One-Phase and Two-Phase: the best trading day must not exceed 40% of total profit.

  • IF Micro Clarity: the best trading day must not exceed 20% of total profit.

  • IF Micro Lite: best trading day at most 15% of total profit for payout eligibility.

Hold Weekend
Yes
Limited
  • IF Evolve: Overnight and weekend holding are not permitted. All positions close automatically at 17:00 EST.

  • Instant Funding, Instant Funding GO: Only allowed with add-on

  • IF Micro, IF1, Two-Phase Micro: Allowed without restrictions

  • IF Micro Clarity, One-Phase Clarity: Allowed without restrictions, no add-on required

  • One Phase, Two Phase: Allowed during evaluation, and during funded phase with add-on

  • IF Micro Lite: Weekend holding is not permitted.

Prohibited Strategies

Exploiting pricing or platform errors, latency arbitrage, insider trading, front-running, gambling without a strategy and all-or-nothing trading. The strategy must remain consistent between evaluation and funded.

  • Latency Arbitrage
  • Tick Scalping
  • Account Arbitrage
  • Exploiting platform glitches
  • Reverse Trading
  • Group Hedging
  • Group Copying
  • Account Management
  • High-Frequency Trading (HFT)
  • Third-Party EAs
  • Account Churning (Rolling)
  • One-Sided Bets
  • Grid Trading
  • Overleveraging
  • Gambling
VPN
No data
Yes
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