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Futures 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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44 differences

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Headquarters

Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Paris

CEO

Jelle Dijkstra

Léon Grimm

Country

United Arab Emirates

France

Foundation

2023

2023

Banned Countries
Afghanistan, Ghana, Pakistan, Albania, Iceland, Panama, Algeria, Indonesia, Papua New Guinea, Angola, Iran, Russia, Bahamas, Iraq, Somalia, Barbados, Jamaica, South Sudan, Belarus, Kosovo, Sri Lanka, Bosnia and Herzegovina, Laos, Sudan, Botswana, Lebanon, Syria, Bulgaria, Liberia, Trinidad and Tobago, Burundi, Libya, Tunisia, Cambodia, Mauritius, Turkey, Central African Republic, Mongolia, Uganda, Côte d'Ivoire, Montenegro, Ukraine, Crimea (region of Ukraine), Morocco, Venezuela, Cuba, Myanmar (Burma), Vietnam, Democratic Republic of the Congo, Nicaragua, Yemen, Ecuador, North Korea, Zimbabwe, Ethiopia
Afghanistan, Armenia, Belarus, Bosnia and Herzegovina, Burma (Myanmar), Burundi, Central African Republic, Cuba, Egypt, Eritrea, Ethiopia (certain sectors), Georgia (specific territories), Guinea, Haiti, Iran, Iraq, Ivory Coast, Kosovo, Lebanon, Libya, Mali, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Tunisia, Turkey, Ukraine (Crimea, Donetsk, Luhansk, Kherson, Zaporizhzhia), Venezuela, Yemen, Zimbabwe
Assets
Forex, Indices, Commodities
Indices, Currencies, Metals, Energies, Agriculture, Interest Rates, Crypto
Platforms
NinjaTrader, Tradovate, Tradingview
Odin, Quantower, ATAS, Volumetrica, DeepCharts, DeepDOM, NinjaTrader, Tradovate, TradingView, Sierra Chart, MultiCharts, Jigsaw, Bookmap, MotiveWave, Investor/RT, Tiger.Trade, Overcharts, Volfix, Optimus Flow, Photon, Inside Edge Trader, QScalp, Agena Trader
Payout Methods
Transfer, Crypto
Payoneer, Wise, PayPal
Live Account
Limited

Prime Program requires Risk approval: eligible after 5 payouts on one account (the SIM account maximum), 10 across accounts, or 20% profit on one account. Only accounts with at least one payout move to Live. Choose Live or a cash-out of 50% of MLL per eligible account within 24 hours; no answer means Live. SIM accounts close and evaluations pause. Cash-out or a Live breach: 21 days without new purchases or resuming evaluations. Live starts at $0 with real capital, EOD drawdown, 80% split, daily payouts and no consistency rule. One Live trader per household; other household members cannot hold SIM Funded accounts.

Yes

Live Funded account at EdgeClear on Rithmic. Classic and Spark: after 4 payouts. Daily: once $1,200/$3,000/$6,000 has been paid (Seed/Starter/Growth). Merit: straight to Live on approval. Risk review required; if not passed, the pre-funded payout limit may be extended instead. Live amount: Classic $1,250/$2,000/$3,500; Spark $400/$1,000; Daily $500/$1,250/$2,000; Merit $2,000. Static drawdown, daily limit agreed with the trader, and every rule waived except overnight and over-week positions. Other funded accounts go dormant on transfer.

Payment Methods
Card, Crypto
Card, Crypto
Payout Frequency
  • BrightPlus: up to one approved payout per session; first payout from 24 hours after the first trade. Each subsequent payout requires fresh closed profit of 1% of the original account size.
  • BrightCore: winning-day cycles, counted again from the next full session after each payout.

Classic: weekly, first payout after 5 trading days and then every 5. Spark: bi-weekly, first payout after 5 trading days. Daily: any trading day once profit matures (3 trading days; 5 for a day above 30% of total profit and above the tier's daily cap). Merit Live: any time, up to 10 per day. Processing: 2 to 3 business days.

Payout Guarantee

Processing within 24 business hours of the request.

No data
Maximum Withdrawal

Per request: 25K $1,000; 50K $2,000; 100K $3,000; 150K $4,000.

  • BrightPlus: also limited to the balance above the buffer.
  • BrightCore: the lowest of the size cap, 50% of current profit, and balance minus (starting balance + $100). The 2x addon doubles only the size cap.

Per payout: Classic $600/$1,000/$2,000 (Starter/Growth/Scale); Spark $300/$400 (Seed/Starter). Daily: $200/$500/$1,000 per trading day (Seed/Starter/Growth), with $1,000 per day per trader across all Daily accounts. Merit Live: no maximum. PayPal: $2,000 per month.

Minimum Withdrawal

Minimum request: $250, before the profit split.

Classic and Daily: $75. Spark: $30 (Seed) or $75 (Starter). Merit Live: $1.

Other Payout Requirements

At least 18 or the higher local age of majority. Sumsub KYC and a signed contract before SIM Funded activation, within 24 hours of completing both. One profile per person. The minimum trade duration rule must be met in each payout cycle. USDC on ERC-20 or bank transfer.

After passing: review of up to 72 hours, then KYC and Pre-Funded contract within 48 hours. The trailing drawdown locks at the starting balance on the first payout. Every denied payout comes with a written reason from the risk team. No crypto payouts.

Brokers
No data
TFeed, dxFeed, Rithmic, Edge Clear
Payout Fee
No data

Merit Live: Phoenix covers the processor fee on withdrawals above $500.

Commission

Per contract, per side, USD, all fees included: ES/NQ/RTY/YM 2.88; MES/MNQ/M2K/MYM 0.95; NKD/ZC/ZL/ZW 3.65; 6A/6B/6C/6E/6J/6N/6S/NG 3.10; M6A/M6B/M6E 0.84; CL 3.00; MCL 1.20; QM 2.70; QG 2.00; GC/SI/HG/PL 3.15; MGC 1.30; HE/LE 3.60; ZS/ZM 3.63. Round trip: twice these rates.

Per contract and side on TFeed; dxFeed is double. ES, NQ, RTY and YM $1.09; MES, MNQ, M2K and MYM $0.35; CL $1.15; MCL $0.43; GC $1.20; MGC $0.43; NG $1.20; 6E $1.20; ZN $0.80; ZB $0.83; BTC $3.38; MBT $1.38. Same rates on every line, in evaluation and funded.

Account Reset

After a breach, within the time shown on the dashboard. Restarts evaluation even from SIM Funded, keeping the account number and addons. Costs 55% of the current list price including addons; addons cannot change and the hedging warning is not restored.

Classic, Daily and Spark: unlimited, by paying the fee or with reset coupons (one per month the challenge stays alive; they stack and never expire). Classic: a failed account is reset free at renewal. Merit: no reset.

Add-ons
Yes

Optional at purchase, with additive surcharges on the base price: 100% Profit Split +20%; 2x Payout Cap +40%; BrightCore only, 3 Day Payout Cycle +20%. Targets, drawdown and contracts do not change.

Yes

Performance Review (+20% on the price): 20 to 30 page report on the trader's own trades. Free ATAS licence with dxFeed.

Instant
No
No
One Step
Yes
Yes
Max Drawdown
  • BrightPlus: intraday trailing on peak equity, including open profit. In SIM it locks at starting balance + $100 once equity reaches the buffer.
  • BrightCore: trailing on the highest closing balance, updated between 4:45 and 5:59 PM ET. In SIM it locks at starting balance + $100 on the first approved payout, even if previously higher.
    No lock during evaluation. Touching the floor with live equity breaches the account at any time.

Classic and Daily: end-of-day trailing in evaluation and funded. Spark: end-of-day trailing in evaluation and real-time trailing once funded. The trailing drawdown locks at the starting balance. Merit: static, the whole $2,000 balance. Live: static.

Profit Split

The split applies to each requested amount; the full request is deducted from the account balance.

Classic and Spark: 90%. Daily: 80%. Merit: 50% until the trader has withdrawn twice the starting balance, then 80%.

Daily Drawdown

No separate daily loss limit.

Classic, Daily and Spark: none. Merit: 25% dynamic (soft breach). Live: agreed with each trader based on their results.

Max Allocation
750,000
700,000
Mandatory buffer
Limited

BrightPlus: starting balance + MLL + $100, retained after every payout. Only closed profit counts. Falling below pauses payouts without breaching the account. BrightCore has no such buffer.

Limited

Classic and Daily: a locked buffer equal to the maximum drawdown stays in the account and is not withdrawable. Spark and Merit: none.

Maximum Accounts

Up to 5 active SIM Funded accounts across all plans and sizes. Unlimited evaluations. With all 5 slots used, another evaluation pass waits until a slot opens.

Unlimited challenges. Pre-funded: 5 on TFeed (up to 3 Spark, 3 Daily, 3 Classic Growth or Scale and 5 Classic Starter) and 3 on dxFeed. Live: up to 5, at Phoenix's discretion. Merit: one attempt; another requires buying a Classic or Daily account first.

Maximum Trading Days

No time limit, subject to inactivity rules.

No deadline. Spark closes after 90 days without a trade. Merit: 30 calendar days.

Minimum Trading Days

No explicit minimum. Consistency requires at least 2 sessions on BrightPlus and 3 on BrightCore in practice.

Classic and Daily: 2. Spark: 1. Merit: none; the challenge lasts 30 calendar days.

Points Reward Program

Trade2Earn: activity earns BrightTokens redeemable for perks and evaluations, with no cash value. On Live, Prime Ladder pays bonuses every 10 winning days through Diamond (80 days); Prime Trader at 90 is status only. Total bonuses per account: 25K $5,000; 50K $10,000; 100K $20,000; 150K $30,000. Losing days and payouts preserve progress; an account breach resets it.

Phoenix Extra: PHX earned for ideas and ambassador work, usable on accounts, resets and activation fees. Not convertible to cash.

Minimum Profitable Days
  • BrightPlus: no winning-day requirement.
  • BrightCore SIM: 5 per payout, or 3 with the addon. Minimum closed net profit per session: 25K $100; 50K $200; 100K and 150K $300. Days need not be consecutive; at most one per session.

Classic: 5 days between payouts with at least $100/$200/$300 profit (Starter/Growth/Scale). Spark: 5 days with at least $40 (Seed) or $100 (Starter). Daily and Merit: none.

Account scaling
No data
Limited

Scaling beyond the Classic plan on request, after a full review of the trades.

Funded Phase Pricing Model
No data

No monthly fee on funded accounts. Activation: $29 one-time on Spark; $0 on Classic, Daily and Merit. Live: CME professional data at $135/month per exchange, deducted from the account.

Position size scaling
No data
Limited

Classic: the contract limit rises with profit at $1,000, $2,000 and $4,000 up to the account maximum, in evaluation and funded, and drops if profit falls back. Spark, Daily and Merit: full size from day one. Live: one extra mini per $2,000 of profit.

Evaluation Phase Pricing Model
No data

Classic: monthly subscription every 30 days, cancelled automatically on passing; dxFeed adds $20/month. Daily, Spark and Merit: one-time payment. No refunds.

Expert Advisor (EA)
Limited

Only exclusively self-authored software with no third-party access. It must not mirror another trader, be a black box or run simultaneously at other firms. Source-code review may be required.

No

HFT and bots that trade without the trader are prohibited. Tools that assist the trader (hotkeys, DOM, alerts) are allowed.

VPN
Limited

VPN/VPS allowed without concealing identity or location or bypassing country restrictions. Only the owner may trade the account.

Yes

VPN, VPS and proxy allowed; sessions are monitored and identity documents may be requested.

Hedging
No

Prohibited within and across your accounts, including different expiries, mini/micro and correlated instruments in the same group. First occurrence: warning, positions closed and profit removed while losses remain. Second: account breach. One warning per evaluation and one over the lifetime of SIM, not renewed by payouts or resets. Both accounts are penalized for a cross-account hedge.

No

Opposite positions on the same asset across accounts, own or someone else's.

Scalping
Limited

More than 50% of net winning-trade profit must come from trades held longer than 15 seconds. Partial fills count separately. Equality is insufficient. Noncompliance delays passing or blocks payouts without breaching the account; the calculation restarts after each payout. Exploitative tick scalping and HFT are prohibited.

Yes

No minimum trade duration.

Copy Trading
Limited

Only between your BrightFunded accounts within the same profile. Copying others, signals or group trading is a hard breach.

Yes

Same direction across the trader's own accounts. Thor is included with TFeed.

News Trading
Yes
Yes

Including Tier 1 releases, at every stage.

Inactivity Rule

Open a new trade every 30 calendar days in evaluation and every 7 trading sessions in SIM, excluding holidays. Closing, editing and unfilled pending orders do not count. Advance warning; missing the deadline deactivates the account as a hard breach.

Pre-funded: one trade every 7 calendar days, otherwise the account closes without a payout. Live: 30 days, not applied mechanically. Challenges: none, except Spark (90 days).

Consistency Rule
Limited

Evaluation only: best session / total net profit, up to 50% on BrightPlus and 40% on BrightCore. Includes commissions and losing days. Recalculated at session close; equality is allowed. Delays passing without breaching the account. Does not apply in SIM.

Limited

Classic and Daily evaluations: best day up to 50% of total profit; exceeding it only delays passing. Spark funded: 30%. No rule on Classic and Daily funded, Spark evaluation or Merit.

Hold Weekend
No
No
Prohibited Strategies

Exploiting simulated prices, latency, fills or liquidity; arbitrage, spoofing, layering, abusive HFT, oversized one-way bets, account rolling, third-party management and risk or size changes inconsistent with normal trading. Terms allow affected profits to be removed, extra limits imposed or accounts closed.

Hedging between accounts, account rolling, martingale or loss recovery across accounts (also at other firms) and HFT or bots. On funded accounts: flipping and one-tick trading on bonds. Stop trading a contract within 2% of its CME daily price limit.

Overnight positions
No

Automatic close at 4:45 PM ET, Monday to Friday, without a breach for auto-close. CME session runs from 6:00 PM to 5:00 PM ET the next day; holiday cutoffs may be earlier.

No

Positions must be closed before the session ends, at every stage including Live. Breach: funded account denied, or payout denied and account closed.

Stacking / Layering (DCA)
No data
No

Rotating through accounts, each risked in full on the same bet until one hits, is prohibited. Holding several accounts is allowed.

Martingale
No data
Limited

Allowed within a single account, also DCA. Prohibited across accounts.

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