RebelsFunding Cuts the Fee Refund on Its Silver and Bronze Programs
PineX Capital Allows News and Weekend Trading with PineX Open
TradeDay Drops Subscriptions: Accounts Move to a One-Time Fee with No Resets
Orion Funded launches Orion Black, a one-phase $50,000 account with a 100% reward split
Wall Street Funded launches Futures Simulation: CFDs with futures-style rules and a daily limit that does not fail the account
Goat Funded Futures Removes the 2-Minute Rule on All Plans
Fintokei Cuts the Minimum Holding Time From 10 to 5 Seconds
Upcomers Adds Skrill as a Payment Method
Atlas Funded adds Hyperprop as a trading platform for its futures accounts
Leveraged ONE now comes in $150K and $200K accounts
forTraders launches 24/7 Perps with a one-step challenge
Top One Futures removes the No DLL option from Elite Daily and Ignite
Goat Funded Trader triples the news trading profit cap on new accountsGoat Funded Trader will pay 70% of payouts on the same day they are requested
PipFarm cuts the Pay With Profits fee by 0.5% at every risk tierFutures 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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- Only the differences in one click
- Link to the written comparison
47 differences
Am Langenwall 1, 18439 Stralsund, Germany
Paris
Lennard Wenderholm
Léon Grimm
Germany
France
2023
Lvlup charges no payout fee.
Merit Live: Phoenix covers the processor fee on withdrawals above $500.
Both the evaluation and the funded account are simulated, unless a separate agreement says otherwise.
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.
- Lvlup: every 14 days. The days in the cycle do not need to be profitable.
- Starter: after every 5 profitable days. 5 payouts at most; the fifth closes the account.
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.
Approved payouts are processed within 48 hours at most, usually 24 to 48h.
- Lvlup: 10% of the starting balance per payout.
- Starter: 4% on 25K and 50K, 2.5% on 100K and 2% on 150K, never more than 50% of the profit generated.
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.
- Starter: $500 on every size.
- Lvlup: no published minimum.
Classic and Daily: $75. Spark: $30 (Seed) or $75 (Starter). Merit Live: $1.
- KYC with Sumsub before the funded account. The payout method must belong to the verified holder.
- Lvlup: the 40% consistency rule must be met when you request the payout.
- Starter: the account is locked from the request until the payout is approved.
- The full requested amount comes off the balance and the drawdown is not reset.
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.
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.
A failed account cannot be reset or reactivated: you have to buy a new evaluation.
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.
Payout Protector (+25% of the price): if a funded account fails while in profit, they review the case and may pay what was eligible. It does not prevent the breach or keep the account open, and it must be added at purchase.
Performance Review (+20% on the price): 20 to 30 page report on the trader's own trades. Free ATAS licence with dxFeed.
End-of-day trailing: it follows the highest closing balance and updates once the day ends; intraday moves do not shift it. On Lvlup it stops trailing once the account is up 6% and locks at the starting balance; Starter does not publish that lock. Touching it closes the account.
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.
80% on Lvlup and 100% on Starter.
Classic and Spark: 90%. Daily: 80%. Merit: 50% until the trader has withdrawn twice the starting balance, then 80%.
No daily loss limit.
Classic, Daily and Spark: none. Merit: 25% dynamic (soft breach). Live: agreed with each trader based on their results.
$1,000,000 per trader, adding up every active account, evaluation and funded.
No fixed number of accounts: the limit is the total capital.
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.
- Lvlup: no expiry, but you must trade at least once every 30 days.
- Starter: 30 days from the first trade; it does not renew.
No deadline. Spark closes after 90 days without a trade. Merit: 30 calendar days.
5 in the evaluation. Any day with at least one executed trade counts.
Classic and Daily: 2. Spark: 1. Merit: none; the challenge lasts 30 calendar days.
- Lvlup: activation fee after passing, due within 30 days. It is lower if the evaluation was monthly. No monthly fee once funded.
- Starter: no activation fee.
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.
Lvlup Elite: 1 point per dollar paid out by Lvlup and 200 per passed Lvlup account; verified payouts and passes at other futures firms count too. 10,000 points unlock 12 months in a club with events and trips, where each point is worth $1. It cannot be bought.
Phoenix Extra: PHX earned for ideas and ambassador work, usable on accounts, resets and activation fees. Not convertible to cash.
- Lvlup: none; payouts follow 14-day cycles.
- Starter: 5 profitable days before each payout.
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.
- Lvlup: monthly or one-time payment, your choice. The monthly fee runs while the evaluation is open and stops when you pass, fail or cancel.
- Starter: one-time payment only.
- On Volumetrica, Lvlup monthly ($129, $225, $369 and $476) and Starter ($161, $226, $291 and $356) cost more. Lvlup one-time costs the same on both platforms.
Classic: monthly subscription every 30 days, cancelled automatically on passing; dxFeed adds $20/month. Daily, Spark and Merit: one-time payment. No refunds.
Scaling beyond the Classic plan on request, after a full review of the trades.
Classic and Daily: a locked buffer equal to the maximum drawdown stays in the account and is not withdrawable. Spark and Merit: none.
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.
Your own bots are allowed, for the holder's own trading. High-frequency bots and bots that copy trades between different traders are forbidden.
HFT and bots that trade without the trader are prohibited. Tools that assist the trader (hotkeys, DOM, alerts) are allowed.
Allowed within the same account. Forbidden across accounts, yours or another firm's.
Opposite positions on the same asset across accounts, own or someone else's.
No minimum trade duration, but no HFT and no sub-60-second trades at the contract limit.
No minimum trade duration.
Contract limit by account size, counting all open exposure together (1 mini = 10 micros). Risking an outsized share of the account on a single move is forbidden.
Only between your own accounts, within contract and capital limits. Copying other traders or following signal groups is forbidden.
Same direction across the trader's own accounts. Thor is included with TFeed.
Allowed in evaluation and funded, with no 3-minute restriction. The general terms of Prop Account, the company running the evaluations, do forbid opening positions 3 minutes before and after a news event.
Including Tier 1 releases, at every stage.
At least one trade every 30 days; the timer cannot be paused. On Lvlup it also applies once funded.
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).
40%: your best day cannot exceed 40% of total profit. On Lvlup it applies in the evaluation and at every payout request; on Starter, only in the evaluation. Exceeding it does not fail the account: you keep trading until it drops below 40%.
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.
- Exploiting price errors, delays or latency
- High-frequency trading (HFT)
- Hedging or arbitrage across accounts, other firms included
- Front-running and insider information
- Group trading, signals or copying other traders
- Having a third party trade or pass the evaluation for you
- All-in or excessive risk on a single move
- Passing with one strategy and switching it once funded
- Trading at or near the contract limit for under 60 seconds (Prop Account terms)
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.
Everything closed by 15:55 CST on normal days; trading resumes at 17:00 CST. Hours change on holidays and closing in time is the trader's job.
Positions must be closed before the session ends, at every stage including Live. Breach: funded account denied, or payout denied and account closed.
VPN, VPS and proxy allowed; sessions are monitored and identity documents may be requested.
Rotating through accounts, each risked in full on the same bet until one hits, is prohibited. Holding several accounts is allowed.
Allowed within a single account, also DCA. Prohibited across accounts.
