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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

47 differences

30%off · Exclusive
Headquarters

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

Office No. 7, AI Robotics HUB, C1 Building, AFZ, Ajman, United Arab Emirates

CEO
No data

Abdullah Jayed

Country

United States

United Arab Emirates

Foundation
No data

2022

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, Antarctica, Antigua and Barbuda, Bangladesh, Belarus, Belize, Bouvet Island, Burkina Faso, Burundi, Cape Verde, Chad, Comoros, Congo, Cook Islands, Côte d'Ivoire, Cuba, Democratic Republic of the Congo, Djibouti, Eritrea, Fiji, Grenada, Guinea-Bissau, Iran, Iraq, Jordan, Laos, Lebanon, Lesotho, Libya, Malawi, Malaysia, Mali, Myanmar, North Korea, Palestinian Territory, Rwanda, Russian Federation, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tajikistan, Timor-Leste, Tuvalu, Ukraine, Venezuela, Vietnam, Yemen
Assets
Indices, Commodities, Metals, Forex, Agriculture
Indices
Brokers
No data
Tradovate, NinjaTrader
Payout Fee
No data

Up to 3.5% processing fee on all withdrawals.

Platforms
Rithmic, RTrader Pro, WealthCharts, DeepCharts, Volumetrica, TradingView, Tradesea, MotiveWave, Bookmap, Sierra Chart
Tradovate, NinjaTrader, Tradingview
Payout Methods
Rise, Dots
Crypto, Rise
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.

Yes

Available after $100K Total Active Profits. 80% of simulated profit splits: 50% settlement, 25% live deposit (max $50K), 25% reserve (auto-refills). Auto liquidation at 20% of deposit (locks at deposit after first withdrawal). Withdrawals: 80/20 split, $100 min, 2-5 days processing.

Payment Methods
Card, PayPal
Card, Crypto, PayPal, Skrill, ApplePay, GooglePay
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.
  • Flex: Reward withdrawals every 5 days once eligible
  • Legacy: Reward withdrawals every 5 benchmark days
  • Rapid: Reward withdrawals every 3 days
  • Bolt: Daily rewards from day one of eligibility
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.

Brand Promise: Performance Reward processed within 24 hours, or $1,000 extra added to your reward.

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.
  • USDT (TRC20 / ERC20) or USDC (ERC20) via RiseWorks: up to $1,000 per withdrawal
  • USDT (ERC20) / USDC (ERC20) without RiseWorks: up to $1,000,000 per withdrawal

Rapid FundedNext Account (per cycle, lifted after 5 withdrawals)

  • $25K: $800
  • $50K: $1,500
  • $100K: $2,500

Legacy FundedNext Account (before 30 Benchmark Days: max 50% of profit)

  • $25K: up to $3,000
  • $50K: up to $6,000
  • $100K: up to $6,000

After caps are lifted, withdraw 100% of profits with no limit.

Flex FundedNext Account (per cycle; account concludes after 5 Performance Reward withdrawals)

  • $50K: up to 50% of profit, max $1,500
  • $100K: up to 50% of profit, max $2,500
  • $150K: up to 50% of profit, max $4,000
Minimum Withdrawal

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

$250 minimum for all withdrawal methods.

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
Commission
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.

Unlimited resets at no additional cost. Resets within 7 days keep the same Challenge Account; resets after 7 days provide a new one.

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.

Trailing end-of-day (EOD) system. Locks at the initial account balance and never decreases.

Profit Split

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

  • Flex: 95% Reward Share by default for new and existing accounts, with no paid add-on.
  • Other Futures challenges: 80% Reward Share.
Free Trial
No data
No
Daily Drawdown

No daily loss limit.

Daily loss limit only on Bolt Challenge ($1,000 soft breach for $50K account). Flex, Legacy and Rapid have no daily loss limit.

Max Allocation

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

750,000
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.

No time limit. Trade at your own pace until the profit target is met.

Minimum Trading Days
  • Trial: 3 days on Light Armor and 5 on Plated.
  • Ascension: 5 days per cycle, not necessarily in a row.
No data
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.

Free. No activation fee or recurring charges on the FundedNext Account.

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.

Rapid FundedNext Account

  • No Benchmark Day requirement. First withdrawal eligible after 3 days if conditions are met.

Legacy FundedNext Account

  • Minimum 5 Benchmark Days before first withdrawal.
  • Benchmark Day profit thresholds: $100 ($25K account) / $200 ($50K and $100K accounts).
  • After 30 Benchmark Days: withdrawal cap and 50% profit limit are removed.

Flex FundedNext Account

  • 5 Benchmark Days per withdrawal: $200/day ($50K and $100K) / $250/day ($150K).
  • Minimum $500 profit in the current cycle.
Evaluation Phase Pricing Model

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

One-time fee (no monthly subscription).

Expert Advisor (EA)
No

Bots, AI execution and mass order entry are forbidden.

Yes

EAs and trading bots are allowed on both Challenge and FundedNext Accounts. No support is provided for setup or troubleshooting. Strategies exploiting system vulnerabilities (latency abuse, order flooding) remain prohibited.

VPN
No
No
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
Martingale
No
No data
Maximum Risk Limit
Yes

Contract limit by account size, in minis or micros.

No
Copy Trading
Limited

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

Yes
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 data
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

Challenge Phase

  • Rapid Challenge: No consistency rule.
  • Legacy Challenge: Daily profit cannot exceed 40% of the total profit target. If exceeded, the profit target increases accordingly (new target = highest daily profit / 40%).

FundedNext Account

  • Rapid Account: 40% consistency rule applies (highest single-day profit must be ≤ 40% of total profit).
  • Legacy Account: No consistency rule (for challenges purchased or reset after November 21, 2025).
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
  • Platform error exploitation
  • Account sharing
  • Account rolling
  • Multi-order spam / coordinated trading exploits
  • Abusing slow data feed
  • Account flipping / inconsistent contract execution
  • Spoofing
  • Layering / order book shaping
  • Exploiting bracket strategies (tight brackets / no slippage)
  • Grid trading
  • Wash trading
  • Latency arbitrage
  • Reverse hedging
  • Hedging with correlated instruments
  • Trading in gapped or illiquid markets
  • Trading within 2% of CME price limits
  • Unauthorized copy or group trading
Overnight positions
No

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

No

All positions must be closed by 3:10 PM CT (11:10 PM GMT+2 / 3:10 AM GMT+6) each trading day. Unclosed positions are automatically closed by the system. Trading resumes at 5:00 PM CT.

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