Futures firms comparator

450 Lexington Ave, New York, NY 10017

2026

2022

Kanwal Singh

No Boxcar payout fee.

Evaluation and initial funding are simulated. Prime, Flex and Funded reach live review after 5 approved payouts. Payout triggers review at USD 6,000 / 8,000 / 10,000 / 12,000 daily profit for 25K / 50K / 100K / 150K; the risk team may also initiate review. Approval, KYC and a separate agreement are required. One live account per eligible funded account with at least one payout.
Live starts at USD 0 with size-based EOD drawdown of USD 1,000 / 2,000 / 3,000 / 4,500, no DLL and exchange-specific position scaling. The floor locks at USD 100 upon earning profit equal to the starting drawdown or requesting an earlier payout. Daily requests when eligible.
Moving live closes all household simulated accounts; accounts without payouts are refunded. Prime, Flex and Funded forfeit remaining simulated profit, apart from an eligible final payout. Payout may settle profit above the buffer, capped at USD 15,000 combined with the usual split, after broker verification; the prior close is used and the transition session is excluded. Standard cooldown after a live breach: 2 weeks.

Transition at ETF discretion, including early conversion. Review at 5 payouts, 50 ATDs or $25,000 combined. Sim accounts close; assigned live capital differs from nominal sim balances. Eligible unpaid sim profits enter the Vault with conditional releases. Failure to accept conversion within 3 business days results in a partial payment and a 2-year ban. Rithmic-compatible platforms; Tradovate and NinjaTrader are unavailable in live.

Payout: daily requests when eligible. Prime: from 3 days; Flex and Funded: from 5 days per cycle. Plaid: instant delivery to US banks; WorkMarket by ADP: 2 days for international banks. Prior review and approval required.

Sim-funded: processed Mondays and Wednesdays after meeting each cycle's ATDs. LIVE ELITE: requests on business days; Vault releases follow a separate schedule.

Gross amounts, in 25K / 50K / 100K / 150K order:

• Prime: first payout USD 1,000 / 2,000 / 2,500 / 3,000; later payouts USD 1,500 / 2,500 / 3,000 / 3,500.
• Flex: up to 50% of cycle profit, capped at USD 1,000 / 2,000 / 2,500 / 3,000.
• Payout: available profit above the buffer, with no additional per-request cap.
• Funded: payouts 1-3, USD 1,000 / 2,000 / 2,500 / 3,000; payouts 4-5, USD 1,000 / 2,500 / 3,000 / 3,500.

Maximum per cycle, in USD:
1 Step 50K: 1000/1250/1500/1750; 100K: 1250/1500/1750/2000; 150K: 1500/1750/2000/2250
Static 10K: 500/500/500/1000; 25K: 750/1000/1250/1500; 50K: 1250/1500/1750/2000
EOD 50K: 1250/1500/1750/2000; 100K and Diamond Hands 100K: 1750/2000/2250/2500
Fast Track EOD: 500/750/1000; Static: 750/1000/1250. Three cycles; total 2250/3000 per the specific guide
DTF 10K: 1200 per cycle; 50K: 2500/2500/5000/5000; 100K: 1500/2500/3500/5000
Outside Fast Track: the fourth limit continues; combined sim cap of $25,000 per trader per round, with a $150,000 lifetime cap across all sim rounds. LIVE ELITE: uncapped above the assigned starting balance.

USD 500 gross per request, before the split.

1 Step: $250. Static, EOD, Diamond Hands and Fast Track: $100. DTF 10K/100K: $500; DTF 50K: $1,000. LIVE ELITE: $250.

Cycle profit goals, in 25K / 50K / 100K / 150K order:

• Prime: USD 250 / 500 / 750 / 1,000.
• Funded: first cycle USD 1,500 / 3,000 / 6,000 / 9,000; later cycles USD 1,250 / 2,500 / 3,500 / 4,500.
  Flex and Payout need a net-positive cycle. Each approval starts a new cycle. Minimum age: 18. Identity verification is required; businesses receive payment in their own name and provide formation, ownership and IDs for owners holding at least 25%. One permanent personal or business profile per trader, with no conversion or replacement. Requests are final and submitted through support.

KYC and Rise onboarding with matching personal details. Country must be supported by payment providers and the live broker. Guam, Puerto Rico and US Virgin Islands are unsupported. Active account and approved audit; wait for approval before resuming trading. Minimum age: 18 or the local age of majority, whichever is higher. Complete KYC within 5 days of submitting documents; ETF may deny rewards if this is not met. An audio or video interview of up to 60 minutes may be required. In sim, withdraw the cycle maximum and meet its ATDs to advance to the next cycle; ATDs reset. Dashboard payout requirements prevail in a conflict.

Approval of eligible rewards or initiation of a LIVE ELITE transition within 48 business hours. Transfer initiation and bank receipt are not guaranteed. $1,000 compensation if ETF misses the deadline; ETF chooses the compensation method. Completed KYC and Rise verification and accounts in good standing required. Excludes weekends, US bank or federal holidays, system downtime and third-party delays.

USD per contract per side; round trip = twice the rate:

• ES, NQ, RTY, NKD, YM: 1.75.
• 6A, 6B, 6C, 6E, 6J, 6S, 6N: 2.40.
• CL, QM, NG: 2.00; QG: 1.30.
• PL, GC, SI, HG: 2.30.
• HE, LE, ZS, ZC, ZL, ZM, ZW: 2.80.
• MES, MNQ, M2K, MYM, MCL: 0.50; MGC: 0.80; SIL: 1.60.
  CME, CBOT, NYMEX and COMEX contracts. QM, QG and NKD count as minis. MNG and MHG are unavailable. Live costs follow onboarding terms.

Per contract, per side: ES/NQ/YM $2.04; MES $0.56; MNQ $0.51; CL $2.26; MCL $0.76; GC $2.31; MGC $0.76; BTC $6.76; MBT $2.76; ETH $5.76; MET $0.46. Other rates depend on the contract. LIVE ELITE: minis $2 and micros $0.62, plus exchange fees.

Active or failed evaluations and purchased direct-funded BoxcarFunded accounts can be reset. A reset replaces the account with the same plan and retains its history. Cost is the lower of the original amount paid for that account and its current reset price. Free accounts pay the current reset price. Funding earned by passing an evaluation needs a new evaluation after a breach; live accounts cannot be reset.

Standard evaluations: manual reset or automatic reset on renewal of a failed account. Fast Track: no evaluation reset. Sim-funded and DTF: up to 10 resets per account. LIVE ELITE: no resets.

Level II: USD 13/month for CME only or USD 39/month for all four exchanges. Rithmic server-side copier: USD 15/month across all accounts on the login. An optional second login is also offered in the portal, with no confirmed public price.

One Day to Pass, TradeShield, PriceSlash and Double Down Deal (3D), subject to eligibility. Fast Track is excluded from One Day to Pass and 3D. PriceSlash: a 90% coupon for another evaluation of the same type after passing and activation; redeem within 90 days, with the discount retained on renewals. 3D: prepaid monthly activation; a 3-month option for the price of 2, with benefits forfeited on cancellation. Depending on the add-on: monthly billing while the account remains active, without separate cancellation, or a one-time charge until account failure.

BoxcarFunded starts directly in simulated funding.

DTF: direct access to sim-funded, without an evaluation.

Prime, Flex and Payout have one evaluation.

EOD trailing on Prime, Flex and Funded. Payout offers EOD or intraday in evaluation; funded is always intraday, including open profit. The floor never falls and stops at starting balance + USD 100, reached at starting balance + MLL + USD 100. A Flex payout request also locks the floor. Touching the floor, including through open losses, breaches the account.

1 Step: intraday trailing, including open profit. EOD, Diamond Hands, Fast Track EOD and DTF 10K/50K: trailing at session close on realized profit. Static, Fast Track Static and DTF 100K: fixed floor. Sim-funded trailing locks at the safety net, with a floor at starting balance + $100; the Static floor stays unchanged.

Prime, Flex and Payout offer a DLL at purchase; the choice carries to both stages and cannot change. Hitting it closes positions and locks trading until the next session, without itself breaching the MLL. On funded Prime and Funded, the DLL becomes 60% of peak EOD profit after closing above the initial trail balance, and can only grow. Flex and Payout keep a fixed DLL; Funded 25K never acquires one.

EOD and Diamond Hands: daily limit with a hard breach; TradeShield can turn it into a daily lockout. In sim-funded it stops applying after reaching the safety net. Other plans have no base daily limit.

Prime and Payout must retain starting balance + MLL + USD 100 after a payout. Flex has no additional buffer but must respect its loss floor. Funded applies cycle goals and caps as well as loss-floor protection.

Non-withdrawable safety net: account drawdown + $100 in realized profit. Funded terms: reach it within 45 calendar days. One-time payment, including DTF: 25 days; one 3-day cure period if it is not reached or is later lost. It must be maintained; failure closes the account without a refund.

Unlimited evaluations and up to 5 active funded accounts across plans. Additional direct-funded purchases remain in reserve. No household simulated trading while a member trades live.

Current evaluations: up to 5 active Elite Sim-Funded accounts. DTF: a separate limit of 5 active accounts per trader. Fast Track EOD: 1 per the specific guide, although the store shows 5. One registration per trader and one trader per household.

No fixed deadline to pass. Inactivity rules still apply.

Standard evaluation: no maximum deadline while the subscription remains active. Fast Track: 10 calendar days.

Prime evaluation: a 1-day pass is possible. Flex and Payout have no separate fixed minimum beyond consistency. Payouts: Prime from 3 days; Funded requires 5 trading days per cycle; Payout allows daily requests when other conditions are met.

Standard evaluation: 5 days; One Day to Pass reduces this to 1. Fast Track: 3 days. DTF: no evaluation. Sunday and Monday count as one day.

No activation charge after passing and no account subscription.

Rithmic: an additional $45/month per active account, also during evaluation. Professional data: $128 per exchange, subject to change. Non-professional level 1 data included; level 2 and optional platform licenses are extra. LIVE ELITE: $197/month per exchange and first account; each additional account, $197/month. ETF covers exchange fees after 3 months. The initial evaluation payment and add-ons are credited to the sim balance on activation, not as ATD profit; DTF excluded.

Funded Flex: 5 separate days per cycle, each with at least USD 100 / 150 / 200 / 250 net profit for 25K / 50K / 100K / 150K. Day counts restart after payout approval.

Standard sim and Fast Track: 8 ATDs for the first cycle and 10 thereafter. Standard purchases from 2 October 2026 at 2:00 PM Pacific Time: each ATD requires $250 and at least 30% of the best day; Static 10K/25K, $125. DTF per cycle: 10K, 5 ATDs with $150 and 50% of the best day; 50K, 15 ATDs with $600 and 62%; 100K, 20 ATDs with $500 and 50%. Fast Track has separate consistency criteria; its guide does not specify a daily dollar minimum.

Only Flex sim-funded scales contracts with accumulated closing profit; losses or payouts can lower its tier. Prime, Payout and Funded retain full limits. Live scaling is confirmed per exchange.

Evaluation and sim-funded: fixed product limits. LIVE ELITE: contract limits reviewed based on performance; first review after 20 trading days.

One-time purchase with no automatic renewal. Platform and Level I data included. Breaches, lack of use or a change of mind do not normally qualify for refunds; duplicate or incorrect charges, missing access and statutory rights are reviewed. An unused purchase may receive discretionary review before any order or trade.

Standard evaluations: renewal every 30 days until passing and activation; passing does not cancel billing. Fast Track: one-time payment without renewal. First-purchase guarantee: request within 7 days, fewer than 5 trades and no account failure; conditions apply.

LIVE ELITE: capital adjustments at the risk team's discretion.

The sim-account split is a maximum, subject to approval and payout limits. LIVE ELITE: 80% to the trader.

LIVE ELITE: merge or split accounts with approval.

2 points per dollar on eligible evaluation purchases and evaluation resets. DTF and funded resets excluded.

Own automated strategies are allowed on evaluations and simulated-funded accounts, subject to all account rules. Software errors and HFT restrictions still apply.

Bots, AI and algorithms require written authorization. Approved copiers do not authorize automated strategies.

Opposing different products or mini/micro pairs are allowed within one evaluation or sim-funded account. Long and short in the same exact contract, or opposing same/correlated products across accounts, including other traders or firms, are prohibited. Same-account exceptions do not carry over to live. A first violation may return balances to the prior close; repeated violations may breach accounts and end access.

Realistic scalping is allowed. More than 50% of profit from trades lasting 5 seconds or less may trigger review. A flag is not automatic failure; confirmed or repeated exploitation may lead to profit removal and loss of access.

Every trade must last at least 10 seconds, without exceptions.

DCA and scaling into positions within contract and loss limits.

Permitted within account limits, although Boxcar strongly discourages it.

Includes DCA, adding to losing positions or increasing exposure after losses in identical or related instruments.

Across your own Boxcar accounts, using built-in or third-party copiers. Each account keeps its own limits. Credential sharing and trading for others are prohibited.

Only own accounts and authorized copiers: native tools, Tradesyncer, Tradecopia, Affordable Indicators and Replikanto PropFirm Compliance. LIVE ELITE requires approval.

Allowed on Prime, Flex, Funded and Payout evaluation. Funded Payout must be flat from 1 minute before through 1 minute after high-impact USD news on the Forex Factory calendar; violations breach the account. Cancel pending entries and pause automation. Live has separate terms.

At least one closed trade with USD 1 net profit or loss in every 30-calendar-day period. Otherwise the account may be permanently removed. Breached evaluations may be removed after 30 days without a reset.

One genuine trade every 7 days per account; an approved break is available once per quarter. Log in at least every 30 days. Scratch trades and prolonged lack of progress can lead to closure and forfeited payouts.

Prime: none in evaluation, 40% per funded cycle. Flex and Payout: nominal 50% in evaluation plus a 2-point cushion, an effective 52% ceiling; no funded consistency. Funded: 20% per cycle. Best net day divided by total net profit; fees and losing days count. Missing consistency delays passing or payouts without itself breaching drawdown.

Fast Track: best day cannot exceed 40% of total profit in evaluation or 30% for payouts. Other plans use the ATD qualifying rule rather than that total-profit cap.

Evaluation and sim-funded positions must close before weekends and exchange early closes.

Allowed on Diamond Hands and DTF. Other plans: close one minute before market close.

Exploitative HFT, latency or delayed prices, unrealistic simulated fills, technical defects, spoofing, layering, prohibited coordination or hedging, and trading for others. Brief flipping to count trading days is allowed but does not replace minimum-profit days or payout goals.

Abusive HFT, arbitrage, exploiting execution errors or low liquidity, wash trading, collusion, trading for others, manipulating ATDs or payouts, and simultaneously stacking maximum mini and micro limits.

Trading during the overnight session is allowed, but positions cannot cross the daily close: flatten by 16:45 ET and re-enter from 18:00 ET in the next open session. Scheduled automatic flattening is not a breach. Live follows its own schedule.

Allowed on Diamond Hands and DTF. Other plans: close one minute before market close.

VPN, VPS, proxies and IP masking prohibited, except expressly authorized ranges from approved providers.

After reaching 20% sim profit, losing more than 35% of accumulated profit allows ETF to remove the account from the sim program and disqualifies it from LIVE ELITE. Includes payout adjustments and overrides the original drawdown. Reviewed during audits or reward requests. LIVE ELITE applies additional risk-team controls.