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Futures firms comparator

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47 differences

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Headquarters

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

Praga 1, Calle Purkynova 2121/3, 110 00, Czech Republic

CEO
No data

Otakar Suffner

Country

United States

Czech Republic

Foundation
No data

2015

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, Angola, Anguilla, Antarctica, Antigua and Barbuda, Australia, Barbados, Belarus, Belize, Bhutan, Bouvet Island, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, China, Christmas Island, Cocos (Keeling) Islands, Comoros, Congo (Republic), Cook Islands, Côte d’Ivoire, Cuba, Djibouti, Dominica, Equatorial Guinea, Eritrea, Eswatini, Falkland Islands, Fiji, Gabon, Gambia, Ghana, Grenada, Guinea, Guinea-Bissau, Guyana, Heard and McDonald Islands, Holy See (Vatican City State), Indonesia, Iran, Iraq, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan, Laos, Lesotho, Liberia, Libya, Malawi, Mali, Marshall Islands, Mauritania, Mayotte, Micronesia, Monaco, Montserrat, Myanmar, Namibia, Nauru, Niger, Niue, North Korea, Papua New Guinea, Russian Federation, Rwanda, Saint Barthélemy, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Georgia and South Sandwich Islands, South Sudan, Sri Lanka, Sudan, Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Tunisia, Turkmenistan, Tuvalu, Ukraine, Uzbekistan, Vanuatu, Venezuela, Vietnam, Western Sahara, Yemen, United States — Arkansas, United States — Delaware, United States — Louisiana, United States — Montana, United States — South Carolina
Assets
Indices, Commodities, Metals, Forex, Agriculture
Commodities, Indices, Crypto, Forex
Brokers
No data
Tradovate
Platforms
Rithmic, RTrader Pro, WealthCharts, DeepCharts, Volumetrica, TradingView, Tradesea, MotiveWave, Bookmap, Sierra Chart
NinjaTrader, Tradovate, Tradingview
Payout Methods
Rise, Dots
Wise, Revolut, Visa Direct, Mastercard Send
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.

Limited

A small group of consistently profitable traders may be invited to a Live Funded Account at FTMO's discretion. It cannot be requested and additional country restrictions apply.

Payment Methods
Card, PayPal
Card, ApplePay, GooglePay, PayPal, Revolut, Skrill, Crypto, Transfer
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 once the qualifying-day requirements for the current payout cycle are met.

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.

Growth — per payout

  • $50K: up to 50% of available profit, capped at $2,500
  • $100K: up to 50% of available profit, capped at $3,000
  • $150K: up to 50% of available profit, capped at $4,000

Pro — per payout

  • $50K: up to 100% of available profit, capped at $5,000
  • $100K: up to 100% of available profit, capped at $6,000
  • $150K: up to 100% of available profit, capped at $8,000
Minimum Withdrawal

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

$20

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.

At least 50% of every requested payout must come from new profit generated during the current payout cycle. US clients must submit Form W-9 and proof of ownership of an eligible US bank account before their first payout.

Account Reset
Yes

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

Evaluation accounts can be reset to their original conditions without changing the monthly billing date. There is no limit on purchased resets.

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
No
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.

End-of-day trailing drawdown based on the highest closing balance. It can only move upward and locks permanently once it reaches the initial account balance.

Profit Split

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

90%

Free Trial
No data
No
Daily Drawdown

No daily loss limit.

  • Growth Evaluation: none
  • Growth Sim-Funded: soft limit of $1,000 / $2,000 / $3,000 on 50K / 100K / 150K; positions close and trading pauses until the next day
  • Pro Evaluation and Sim-Funded: hard limit of $1,000 / $1,500 / $2,000 on 50K / 100K / 150K; breach terminates the account
Max Allocation

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

450,000
Mandatory buffer
Limited

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

Limited

Growth allows withdrawing up to 50% of available profit per cycle, leaving the remainder in the account. Pro allows up to 100%, subject to its payout cap.

Maximum Accounts

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

Unlimited concurrent Evaluations. Maximum 3 concurrent Sim-Funded Accounts across Growth and Pro.

Merge Accounts
No data
No
Maximum Trading Days

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

Unlimited while the monthly subscription remains active.

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

No fixed minimum. The Evaluation must satisfy its consistency rule, which can require multiple trading days.

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.

No activation fee and no recurring charge on Sim-Funded or Live Funded Accounts.

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.

Growth payout eligibility

  • $50K: 4 days with at least $150 closed profit per day
  • $100K: 4 days with at least $250 closed profit per day
  • $150K: 4 days with at least $300 closed profit per day

Pro payout eligibility

  • $50K: 5 days with at least $200 closed profit per day
  • $100K: 5 days with at least $300 closed profit per day
  • $150K: 5 days with at least $500 closed profit per day
Position size scaling
No data
Yes

Sim-Funded Accounts start with 2, 4 or 6 mini contracts on the 50K, 100K and 150K sizes. The limit scales with end-of-day profit up to 5, 10 or 15 minis respectively. Ten micros count as one mini.

Evaluation Phase Pricing Model

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

Monthly subscription. Market data is included and there is no activation fee. After a hard breach, the trader can buy a reset or wait for the next renewal to receive a fresh Evaluation.

Expert Advisor (EA)
No

Bots, AI execution and mass order entry are forbidden.

Yes

Algorithmic trading and EAs are allowed, but manipulative automation, high-frequency strategies and latency arbitrage are prohibited. Third-party EAs can cause duplicated-strategy issues.

VPN
No
Yes

VPN and VPS use is allowed if the trader remains the sole controller of the account and does not reside in a restricted country.

Hedging
No
Limited

Opposing positions may be used within one account. Hedging or offsetting directional risk across different accounts, providers or people is prohibited.

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

Scalping is allowed when it reflects legitimate market trading. High-frequency and latency-arbitrage strategies are prohibited.

Martingale
No
No data
Maximum Risk Limit
Yes

Contract limit by account size, in minis or micros.

Limited

No fixed percentage is published, but overleveraging, one-sided bets and materially inconsistent position sizing can lead to account action or termination.

Copy Trading
Limited

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

Limited

Copying between accounts owned by the same trader is allowed. Copying signals or decisions from another trader or third party is prohibited.

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.

Sim-Funded Accounts receive a warning after 30 consecutive inactive days and close after a further 30 inactive days. Live Funded Accounts have no inactivity rule.

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.

Limited
  • Growth Evaluation: the best day cannot exceed 40% of total profit
  • Pro Evaluation: the best day cannot exceed 50% of total profit
  • Sim-Funded: no consistency rule
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 or data-feed errors; relying on drawdown protection as the sole exit; offsetting risk across accounts; copying third-party trades; manipulative automation, HFT or latency arbitrage; opening positions within 2% of a CME price limit; holding positions or resting orders after market close; overleveraging, account rolling, spoofing, layering, wash trading or other behaviour that cannot be replicated in a live futures market.

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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