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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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53 differences

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Headquarters

30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta’Xbiex , Malta

Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates; and Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

CEO

Gary Mullen

Arlind I.

Country

Malta

United Arab Emirates / Saint Lucia

Foundation

2023

2024

Banned Countries
Afghanistan, Belarus, Central African Republic, Cuba, Iran, North Korea, Syria, South Sudan, Russia, Ukraine (Donetsk, Zaporizhzhia, Luhansk, Kherson, Crimea, Sevastopol)
Afghanistan, Central African Republic, Congo (Brazzaville), Cuba, Guinea, Haiti, Iran, Iraq, Libya, Mali, Myanmar (Burma), North Korea, Russian Federation, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Commodities, Indices, Stocks, Crypto
Refund
Yes
  • Challenge fee credited back after passing and claiming first reward (Classic and One-Phase)
  • Pro Challenges are not eligible
  • Full refund available for mistaken purchases within 14 days if no trades were placed
Limited

1-Step only: 100% fee refund with the third payout.

Platforms
Metatrader 5, TradeLocker, cTrader
Metatrader 5, TradeLocker
Demo Account
TradeLocker
IDspreads@funderpro.comPasswordBE6EG@eQServerFPR
cTrader
IDspreads@funderpro.comPasswordpjw4yzx2vwg9ZHM.rhwServerFPR
Metatrader 5
ID101065PasswordF39@ycHAp
No data
Payout Methods
Rise, Crypto
Transfer, Crypto, Rise
Payment Methods
Card, Crypto, PayPal, Skrill, Neteller, PerfectMoney
Card, Crypto
Payout Frequency
  • Standard: bi-weekly (14 days) for Challenge and Instant Funded accounts
  • "First Reward in 7 Days" add-on available on Classic and One-Phase
  • Typically processed within 24 hours on business days (average 8 hours)

Every 21 exchange days; 14 days with the add-on. Requests are usually processed within 72 business hours.

Crypto Weekend Trading
No
No data
Minimum Withdrawal

$100 minimum for reward requests on all account types.

USD 100 via crypto; USD 300 via bank transfer.

Payout Fee
No data

Crypto: no fee. Bank transfer through Rise: USD 50.

Maximum Withdrawal
No data

The first two payouts are limited to 10% of the account size and an absolute maximum of USD 10,000. There is no maximum from the third payout onward.

Forex

Classic & Pro Challenge

  • 1:100

One-Phase Challenge

  • 1:50

Swing Add-On (all challenges)

  • 1:30

Instant Account

  • 1:30 (1:20 with News Trading Add-On)

1-Step and 2-Step evaluation: 100:1. PineX Account: 1-Step and Instant PineX 30:1; 2-Step and Instant Elite 50:1.

Metals

Classic & Pro Challenge

  • 1:30

One-Phase Challenge

  • 1:10

Swing Add-On (all challenges)

  • 1:10

Instant Account

  • 1:10 (1:5 with News Trading Add-On)

Evaluation: 20:1. PineX Account: 1-Step, Instant PineX and Instant Elite 10:1; 2-Step 20:1.

Energies

Classic & Pro Challenge

  • 1:30

One-Phase Challenge

  • 1:10

Swing Add-On (all challenges)

  • 1:10

Instant Account

  • 1:10 (1:5 with News Trading Add-On)

1-Step: 20:1 in evaluation and 10:1 in the PineX Account. 2-Step: 30:1. Instant PineX and Instant Elite: 10:1.

Indices

Classic & Pro Challenge

  • 1:30

One-Phase Challenge

  • 1:10

Swing Add-On (all challenges)

  • 1:10

Instant Account

  • 1:10 (1:5 with News Trading Add-On)

Evaluation: 20:1. PineX Account and Instant: 10:1.

Stocks

Classic & Pro Challenge

  • 1:5

One-Phase Challenge

  • 1:3

Swing Add-On (all challenges)

  • 1:2

Instant Account

  • Not available

1-Step: US 20:1 in evaluation and 10:1 funded; EU 30:1. 2-Step: US 5:1 and EU 30:1. Instant: US and EU 30:1.

Crypto

Classic & Pro Challenge

  • 1:2

One-Phase Challenge

  • 1:2

Swing Add-On (all challenges)

  • 1:1

Instant Account

  • 1:2 (1:1 with News Trading Add-On)

1-Step and Instant: 2:1. 2-Step: 2:1 in evaluation and 1:1 in the PineX Account.

Forex
0
0
Metals
0
0
Energies
0
0
Indices
0
0
Stocks
0
0
Crypto
0
No data
Commission-Free Option
No
No data
Swap Free
No
Yes
Account Reset
  • Challenge reset available at any time via dashboard for a fee
  • Challenge Upgrade feature available during Phase 1 of Classic and Pro (30% discount on upgrade price)
No data
Add-ons
Yes
  • First Reward in 7 Days: available on Classic and One-Phase
  • 90/10 Profit Split: available on Classic and One-Phase
  • No Minimum Trading Days: available on Classic
  • Swing Account: available on all challenge types (Classic, One Phase, and Pro)
Yes

Add-ons are available to reduce the payout cycle from 21 to 14 exchange days and, except on Instant Elite, increase the split up to 100%.

Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes
  • Achieve 10% profit target each trading month for 3 consecutive months
  • Account balance increased by 50%
  • Continues until account reaches $5 million
Yes

Free Growth Plan with scaling up to USD 2,000,000.

Two Steps
Yes
Yes
Max Drawdown

Challenge Accounts

  • Fixed percentage of initial balance for the lifetime of the account

Instant Account

  • 6% trailing drawdown based on EOD Equity or Balance (whichever is higher)
  • Drawdown trails upward with profits until reaching the initial account balance
  • Once reaching initial balance, drawdown becomes static and fixed

1-Step and 2-Step use static drawdown from starting capital. Instant PineX and Instant Elite trail new highs; PineX resets after a payout and Elite does not.

Profit Split
  • Standard: 80% on all withdrawals
  • 90% available via add-on on Classic and One-Phase

80% by default. Up to 100% through an add-on on 1-Step, 2-Step and Instant PineX. Instant Elite remains at 80%.

Free Trial
No
No data
Daily Drawdown

Challenge Accounts

  • Daily Drawdown calculated on account starting balance at 5 PM EST snapshot
  • Equity cannot drop below the allowed daily percentage

Instant Account

  • 3% based on EOD Equity or Balance (whichever is higher)
  • Measured at 00:00 GMT+3 server time
  • Does not reset intraday; resets at start of next trading day

1-Step and 2-Step keep a static daily limit. On Instant PineX and Instant Elite, the limit trails the daily balance/equity high.

Three Steps
No
No
Max Allocation
5,000,000
600,000
Merge Accounts
No
Limited

Eligible accounts may be combined up to USD 600,000. Instant accounts cannot be combined with Direct Funding.

Maximum Trading Days

No maximum time limit to complete the Challenge.

No time limit.

Minimum Trading Days

Classic, Pro and One-Phase

  • Minimum trading days apply (exact count available on dashboard)
  • "No Minimum Trading Days" add-on available on Classic

Instant Program

  • 5 profitable simulated trading days required
  • Each day must achieve at least +0.5% simulated profit
  • Days do not need to be consecutive
  • Loss or breakeven days do not count

1-Step: 3 evaluation days and 4 profitable days of at least 0.5% for payout. 2-Step: none in evaluation and 4 on the PineX Account. Instant PineX: 5 days of at least 0.5%. Instant Elite: 6 days of at least 0.5%.

Monthly Competition
No
No data
Minimum Profitable Days
  • Instant Program requires 5 profitable trading days with at least +0.5% profit each
  • Days do not need to be consecutive
No data
Maximum Accounts
No data

Multiple accounts are allowed. Eligible traders may combine them up to USD 600,000 in active allocation.

Points Reward Program
No data

PineX Points: 1 point per euro spent, redeemable for accounts, add-ons, discounts and rewards.

Expert Advisor (EA)
Yes
  • Expert Advisors (EAs) and trading bots are permitted
  • You must own your EA/bot
  • Must not exploit technical inefficiencies or manipulate latency
  • Third-party EAs not allowed on Instant unless you own the source code
No

EAs, bots, scripts and tools that automatically open, close or manage trades are not allowed.

VPN
Yes
Limited

The firm expressly discourages VPN or VPS use and prohibits sharing devices or access credentials.

Hedging
Limited

Permitted only within the same trading account. Hedging across multiple accounts is not allowed.

No
Requires Stop Loss
No
No

A stop loss is not mandatory, but exposure above 10 times the starting capital with more than 50% of trades lacking an SL may be treated as abuse.

Scalping
Yes
Limited

Scalping is allowed, but Quick Strike/HFT, extremely short holding times and mass order activity are prohibited.

Stacking / Layering (DCA)
Yes
Limited

A maximum of two simultaneous open positions in the same market and direction within one trade idea.

Martingale
Yes
No
Maximum Risk Limit
Yes

Instant Account

  • Maximum 2% risk per trade idea
  • Margin usage must not exceed 80% across all asset classes at any time

Challenge Phase

  • No margin cap or maximum lot size enforced

Funded Account

  • Margin rules apply
Limited

Instant PineX: maximum 2% of starting capital per trade idea. Instant Elite: maximum 1% floating loss. No fixed per-trade percentage applies on 1-Step or 2-Step, but the general excessive-risk rules still apply.

Copy Trading
Yes
No

Mirroring, third-party executed signals and copying between accounts are prohibited.

News Trading
Limited

Challenge Phases

  • Allowed in all challenge types (Classic, Pro, One-Phase)

Funded Accounts

  • Only permitted with Swing Add-On

Instant Account

  • Restricted by default
  • Only allowed with News Trading Add-On
  • 2-minute window rule applies (no opening within 2 minutes before/after major news)
No

Positions on the affected instrument cannot be opened or closed during the 5 minutes before and after red-folder news. Automatic SL or TP closures also count.

Inactivity Rule
  • 30 consecutive days without placing or closing a trade results in automatic account failure
  • Applies to Challenge, Instant, and Funded Stage accounts
  • No refunds or renewals for inactivity breaches

The account is considered breached after 30 calendar days without opening and closing at least one trade.

Consistency Rule
Limited

Classic Challenge

  • Phase 1: No consistency rule
  • Phase 2: No consistency rule

One-Phase Challenge

  • 40% max daily profit of total

Pro Challenge

  • Phase 1: 45%
  • Phase 2: 45%

Funded Stages

  • No consistency rule

Instant Account

  • 15% max daily profit of total

  • Rule is equity-based (unrealised profit included)

  • Even if account is in loss, the rule still counts towards highest profit day

Limited

Instant PineX applies a 20% rule: the best day must represent less than 20% of the period's profit. 1-Step, 2-Step and Instant Elite have no consistency rule.

Hold Weekend
Limited

Challenge and Funded Accounts

  • Only allowed with Swing Add-On
  • Without Swing Add-On: all trades including crypto must be closed by Friday 16:30 EST

Instant Account

  • Overnight and weekend holding allowed by default
Limited

Allowed on Instant PineX and Instant Elite. Not allowed on 1-Step or 2-Step.

Prohibited Strategies
  • Martingale and grid strategies
  • Excessive lot sizing and aggressive loss recovery
  • High-frequency trading (HFT)
  • Latency arbitrage, scalping arbitrage, and gap exploitation
  • Flooding the market with small pip trades
  • Intentional weekend/overnight gap exploitation
  • Account rolling or lot-sizing techniques to bypass drawdown controls

Hedging and inverse trading; copy trading and account sharing; martingale, grids and recovery systems; excessive or all-in risk; more than two positions in the same trade idea; extreme margin usage; Quick Strike/HFT; arbitrage and latency abuse; account rolling; EAs and automated tools.

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