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Comparator

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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Head to head

49 differences

30%off · Exclusive

No active discount right now.

Headquarters

7901 4th St N Ste 300, St. Petersburg, FL 33702, United States

30 N Gould St STE 4000, Sheridan, WY 82801

CEO
No data

Osvaldo Guimarães

Country

United States

United States

Foundation
No data

2016

Banned Countries
AF, AL, DZ, AD, AO, BS, BB, BY, BA, BW, BG, MM, BI, KH, CF, CN, CI, CU, CD, EC, ET, GE, GH, IS, ID, IR, IQ, JM, XK, LA, LB, LR, LY, MY, MU, MN, ME, MA, NI, KP, PK, PA, PG, RU, RS, SO, SS, LK, SD, SY, TT, TN, TR, UG, UA, VE, VN, YE, ZW
Afghanistan, Albania, Azerbaijan, Myanmar, Central African Republic, Cuba, Gibraltar, Iran, Iraq, Kenya, Libya, Mali, Nauru, Nigeria, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, Turkmenistan, Ukraine, Venezuela, Yemen, Iowa (US), Minnesota (US), South Carolina (US), Guam, Puerto Rico, US Virgin Islands
Assets
Indices, Commodities, Metals, Forex, Agriculture
Futures
Brokers
No data
Dorman Trading, Edge Clear, Ninja Trader, Lunaro Markets
Payout Fee
No data
Withdrawal Method Fees
Rise $50 per withdrawal for non-US customers
1.5% for US customers
Deel $50 per withdrawal
Bayzat $5-$40
Direct Crypto 0.735%
Platforms
Rithmic, RTrader Pro, WealthCharts, DeepCharts, Volumetrica, TradingView, Tradesea, MotiveWave, Bookmap, Sierra Chart
NinjaTrader, Finamark, RTrader, RTrader Pro, Overcharts, Inside Edge Trader, Investor RT, Motive Wave, MultiCharts, Bookmap, Photon, QScalp, QSI, ScalpTool, Trade Navigator, Volfix, Jigsaw Trading, ATAS, Sierra Chart, Quantower, Tradovate, Tradingview, BlackArrow, DeepCharts
Payout Methods
Rise, Dots
Deel, Rise, Crypto, Bayzal
Live Account
Yes

After the three Ascension cycles you move to a Live account with Midgard's real capital, starting at $1,000 to $4,000 by size. Minimum balance: 30% of the highest end-of-day balance, which only rises; if equity touches it, the account is liquidated. No targets or payout caps. It requires extra verification (proof of address, phone and tax ID) and the trader pays their own market data.

No data
Payment Methods
Card, PayPal
Card, PayPal, Crypto, Apple Pay, Google Pay
Payout Frequency
  • Raid: once per CME session; after a payout, wait for the next session (6 PM ET).
  • Conquest: after 5 days at the minimum daily profit ($200, $250, $300 and $350 by size) and total profit of at least 5 times that minimum.
  • Ascension: one bounty each completed cycle.

On Demand and processed on Wednesday

Payout Guarantee

Paid as soon as you confirm an eligible request. It can be held while your latest fills are checked (about 15 minutes) or while the account is under review.

No data
Maximum Withdrawal
  • Raid Light Armor: $1,000, $1,500, $2,000 and $2,500 per request (25K to 150K).
  • Raid Plated: $10,000 per request on every size.
  • Conquest: up to 50% of profit, capped at $1,000, $1,500, $2,000 and $2,500 on Light Armor and $2,500, $5,000, $7,500 and $10,000 on Plated.
  • Live: no cap.

LiveSim® Gauntlet Mini™

  • Max Withdrawal: $4,000 (Requires $5,000 in total profit).
  • Profit Split: The firm takes a 20% share (deducted monthly or at each withdrawal).

LiveSim® Trader Career Path®

  • Max Withdrawal: The program's profit target minus 20%.
  • Deductions: No monthly deductions; the 20% is only taken from the target amount.
Minimum Withdrawal

$250 per request on Raid and Conquest. Ascension pays fixed bounties.

$100

Other Payout Requirements
  • KYC with Sumsub (ID and facial check) before the first payout.
  • Payouts go through Rise or Dots, which ask for their own onboarding and tax forms.
  • Microscalping: at most 50% of trades or profit since the last payout can come from trades under 12 seconds.
  • Raid: the buffer must stay intact after each payout.
  • Light Armor: you can only withdraw profit made since the last payout. Plated: the same, but only after a payout taken while profit was above the cap.
No data
Account Reset
Yes

Up to 3 resets per Trial account, bought manually. They restore the starting balance and erase the account history. Non-refundable.

Variable Pricing ($25K–$50K Accounts)

Reset fees for these entry-level accounts fluctuate according to current promotions and are consistently priced lower than a brand-new subscription:

  • TCP25 (Trader Career Path® 25K)
  • TCP50 (Trader Career Path® 50K)
  • GAU50 (Gauntlet Mini™ 50K)

Fixed Pricing ($100K–$200K Accounts)

Reset fees for these higher-balance accounts remain constant and are not affected by promotional offers:

  • TCP100 (Trader Career Path® 100K) – $100
  • GAU100 (Gauntlet Mini™ 100K) – $100
  • GAU150 (Gauntlet Mini™ 150K) – $130
  • GAU200 (Gauntlet Mini™ 200K) – $155

A complimentary free reset is added after each monthly renewal of your subscription. You can use these free resets at any time while your subscription is active, accumulate more than one, but any unused resets will be forfeited if you cancel.

Add-ons
Yes

PLAT End-of-Day Drawdown boost: a Trial bought with it trails the highest end-of-day balance instead of intraday equity. Its price is not public.

No
Instant
No
No
One Step
Yes
Yes
Account scaling
No data
Yes

Scaling only allowed for Trader Career Path

 

TCP25

Current Account Required Withdrawal (Net) Next Account Size
$25,000 $1,400 $50,000
$50,000 $2,400 $100,000
$100,000 $4,800 $200,000
$200,000 $8,800 Custom Offer

 

TCP50

Current Account Required Withdrawal (Net) Next Account Size
$50,000 $2,400 $100,000
$100,000 $4,800 $200,000
$200,000 $8,800 $400,000
$400,000 $32,000 Custom Offer

 

TCP100

Current Account Required Withdrawal (Net) Next Account Size
$100,000 $4,800 $150,000
$150,000 $7,200 $200,000
$200,000 $8,800 $400,000
$400,000 $32,000 Custom Offer
Max Drawdown

Intraday trailing: it follows the highest equity, unrealized profit included. On the Trial it locks at the profit target. Once funded it locks at the starting balance when profit reaches the buffer, which equals the drawdown. Losses and payouts reduce it dollar for dollar; at zero the account fails.

  • Evaluation and LiveSim: EOD (End Of Day balance)
  • Live: Trailing
Profit Split

80% on Raid and Conquest. Ascension pays fixed 100% bounties.

  • $25K–$200K accounts: 80/20 if the profit reaches or exceeds the threshold set for the account size; 50/50 if it is below the threshold.
  • Trader Career Path® $400K accounts: fixed 60/40.
Free Trial
No data
No
Daily Drawdown

No daily loss limit.

Both Trading Path Career and Gauntlet Mini have daily drawdown limits. On the funded phase, daily drawdown can be removed upon request after the lower threshold of the trader's maximum drawdown reaches the account's starting balance.

Max Allocation

Up to 5 active accounts at once, Trial or funded: $750,000 with five 150K accounts.

Maximum of 3 funded accounts. Only one of them can be LiveSim

Mandatory buffer
Limited

Raid only: the buffer equals the account drawdown and only profit above it can be withdrawn. Conquest has no buffer.

No
Maximum Accounts

5 active accounts at once and no more than 20 new funded accounts in any 30 days.

No data
Merge Accounts
No data
No
Maximum Trading Days

No deadline, but you must trade at least once every 28 days.

Unlimited

Minimum Trading Days
  • Trial: 3 days on Light Armor and 5 on Plated.
  • Ascension: 5 days per cycle, not necessarily in a row.

None. No minimum trading days are required to pass the evaluation, nor on LiveSim®/Live funded accounts.

Funded Phase Pricing Model

No activation fee on purchased accounts. Free accounts (100% code, gift or giveaway) may pay a one-time activation when moving to funded: $49 on Light Armor and $99 on Plated.

Montly fee and Lifetime activation fee

Points Reward Program

PLAT: points for purchases, milestones and promotions, which can also be bought. They cannot be withdrawn, have no cash value and are reversed if the purchase is refunded.

No data
Minimum Profitable Days
  • Conquest: 5 days at the minimum daily profit for its size.
  • Raid and Ascension: none.

No minimum trading days on either Trader Career Path® or The Gauntlet Mini™. The evaluation can be passed as soon as the profit goal is reached.

Payouts on LiveSim® and Live accounts: 5 profitable days before each withdrawal request. They do not need to be consecutive, losing days do not reset the count, and the count restarts after each withdrawal. Minimum daily profit, net of commissions and fees, for a day to count:

  • TCP25: $100
  • TCP50 and GAU50: $150
  • TCP100 and GAU100: $200
  • GAU150: $250
  • GAU200: $350
    The trading day runs from 5:00 p.m. to 3:50 p.m. CT.
Position size scaling
No data
No
Evaluation Phase Pricing Model

One-time fee per account, no subscription or rebills. You pick the platform at checkout.

Montly fee

Two Steps
No data
No
Expert Advisor (EA)
No

Bots, AI execution and mass order entry are forbidden.

Yes
VPN
No
Yes

Not recommended

Hedging
No
No data
Requires Stop Loss
No data
No
Scalping
Limited

Trades under 12 seconds count as microscalping and cannot exceed 50% of trades or profit. Tick scalping is forbidden.

Yes
Stacking / Layering (DCA)
No data
Yes
Martingale
No
No data
Maximum Risk Limit
Yes

Contract limit by account size, in minis or micros.

No data
Copy Trading
Limited

Only between your own Midgard accounts. Copying other traders or signal services is forbidden.

No
News Trading
Limited

Free on the Trial. Once funded, stay flat from 2 minutes before to 2 minutes after NFP, CPI and FOMC; other news is free.

Yes
Inactivity Rule

At least one trade every 28 days, counted from purchase or the last reset. Otherwise the account is closed with no refund; they email about 5 days before.

No
Consistency Rule
Limited

40% on the Trial only: the best day cannot exceed 40% of profit. You need the target or the best day divided by 0.4, whichever is higher. None once funded.

Yes

Evaluation phase: In order to complete the evaluation, no single trading day can account for 30% or more of your total PnL.

Hold Weekend
No
No
Prohibited Strategies
  • Bots, AI or mass order entry
  • One- or two-tick tick scalping
  • Exploiting simulated fills: rapid-fire orders, gaps, slippage-free stops, tight brackets and auto-breakeven
  • Latency arbitrage or price errors
  • Hedging across accounts and opposite positions in correlated products (NQ and MNQ)
  • Martingale or averaging down
  • Copying other traders or trading for others
  • VPN, proxy or an external or slow data feed
  • Exploiting platform errors.
  • Disruptive trading or spoofing.
  • Excessive daily contracts.
  • Collusion and manipulation.
  • AI or high-speed abuse.
  • Unrealistic market behavior.
  • Exploiting technical flaws.
  • Bypassing restrictions.
  • Trading for others.
Overnight positions
No

Everything is flattened automatically at 4:45 PM ET and you stay flat until the 6:00 PM ET reopen.

No
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