Current Prop Firm Discount Codes Available

Prop Trading Firms Comparison 2026

30+ Futures Prop Firms · 330+ Accounts · Funded Trading for Traders

Find the right Prop Firm for your trading style. Our comprehensive Prop Trading Comparison shows you all important conditions: Profit Split, Drawdown Rules (Trailing & EOD) and costs. Whether you are looking for a Futures Prop Firm or want to learn about Funded Trading – here you will find the best Prop Trading Firms for ES, NQ, CL and Gold. Including current discount codes with up to 80% savings!

All Prop Firm Conditions

Compare profit split, drawdown, limits of all prop trading providers at a glance

Prop Firm Discount Codes

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Futures Prop Firm Focus

ES, NQ, CL, Gold – specialized in Futures Prop Trading

Smart Prop Firm Filter

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Prop Trading Providers Compared

The values have been researched with the utmost care. Please verify the information independently with the respective providers.

Frequently Asked Questions about Prop Trading & Prop Firms

📚 Basics

What is Prop Trading / Funded Trading?

Prop Trading (Proprietary Trading) means you trade with a Prop Firm's capital – not your own money. In Funded Trading, you pay a challenge fee and, after successfully passing the evaluation, gain access to a Funded Account with $50,000 to $300,000 in trading capital. You typically keep 70-90% of the profits (Profit Split).

How does a Prop Firm Challenge work?

A Prop Firm Challenge is an evaluation phase where you prove your trading skills. You must reach a Profit Target (usually 6-10%) while adhering to the Drawdown Rules. After successfully completing the challenge, you receive a Funded Account. Tradeify offers particularly fair challenge conditions, and Apex Trader Funding is also very popular.

What is a Funded Account with Prop Firms?

A Funded Account is a trading account funded by the Prop Firm. After successfully completing the challenge, you trade with this account and keep the agreed Profit Split of your profits. With Tradeify and Apex, the starting capital ranges from $25,000 to $300,000.

What does Profit Split mean for Prop Firms?

The Profit Split is the profit distribution between you and the Prop Firm. A split of 80/20 means: You keep 80% of your profits. Tradeify offers attractive 80-90% Profit Split, Apex even offers 100% on the first $25K payouts.

📊 Drawdown & Rules

What is the difference between Trailing and EOD Drawdown?

With Trailing Drawdown (Intraday), your loss limit moves up in real-time with your profits. The EOD Drawdown (End of Day) is calculated only at the end of the day. EOD is more trader-friendly and, according to statistics, offers an 83% higher pass rate. Providers with EOD: Tradeify, Apex, Bulenox.

What is the Daily Drawdown in Prop Trading?

The Daily Drawdown (daily loss limit) restricts how much you can lose in one day – usually 2-5% of the account balance. If you exceed this limit, your Prop Trading account will be closed. Additionally, there is the Max Drawdown (overall loss limit), typically at 6-10%.

What is the Consistency Rule for Prop Firms?

The Consistency Rule prevents you from achieving your entire Profit Target in one day. With some Prop Trading Firms, no single trade may account for more than 30-40% of the total profit. Tradeify and Apex have no Consistency Rule!

Am I allowed to trade during news events with Prop Firms?

News Trading is restricted by many Prop Firms. Typically, you are not allowed to open new positions 2-5 minutes before/after high-impact news (NFP, FOMC, CPI). Some Futures Prop Firms like Elite Trader Funding allow news trading completely.

💰 Costs & Payout

What does a Prop Firm Challenge cost?

The costs of a Prop Trading Challenge vary: €50-100 for small accounts (25K), €150-300 for large accounts (150K-300K). With our exclusive Prop Firm Discount Codes, you often save 40-90%: Tradeify -40% (Code: 9700), Apex with regular sales, Day Traders -90%.

How fast are payouts from Prop Firms?

Prop Firm Payouts take 1-5 business days. Top firms pay out within 8-24 hours. Before the first payout: usually 5-10 trading days required. Payout Methods: Bank transfer, PayPal, Crypto, Wise. Tradeify and Apex are known for fast payouts.

What fees apply to Prop Firm payouts?

Payout Fees at Prop Trading Firms: typically 0-5% of the amount. Additionally: Platform fees (NinjaTrader ~ $100/month) or data feeds. Tradeify and Apex already include most fees.

Can I repeat a failed challenge?

Yes, with most Prop Trading Firms, you can buy a Reset (30-50% of the fee) or restart. Some offer Free Retries for narrow failures. With our Prop Firm Discount Codes, repetitions are also cheaper – especially with Tradeify using code 9700!

⚖️ Taxes & Legal

How are Prop Trading profits taxed in Germany?

Prop Trading Taxes in Germany: Profits are taxed at your personal income tax rate (14-45%) – NOT capital gains tax (25%). The Prop Firm does not deduct taxes. For foreign firms, reverse-charge often applies. Consult a tax advisor!

Do I need a business registration for Prop Trading?

For Prop Trading in Germany, a business registration is generally required (intention to generate income). Advantage: You can deduct business expenses (equipment, software, training). For regular payouts, business registration is mandatory!

Is Prop Trading legal in Germany and BaFin-regulated?

Prop Trading is legal in Germany. Most Prop Firms operate with demo accounts (simulated capital), which is why BaFin regulation is not required. The model is legally sound but unregulated – choose reputable providers from our comparison!

Is Prop Trading considered bogus self-employment?

Bogus self-employment is usually not an issue with Prop Trading. You are not subject to instructions, determine your own working hours, and bear entrepreneurial risk. You are not integrated into the Prop Firm's organization.

🎓 For Beginners

Is Prop Trading suitable for beginners?

Prop Trading is not ideal for absolute beginners. You need a functioning trading strategy and experience in risk management. Statistics: Only 5-10% pass the challenge. Recommendation: At least 6-12 months of demo trading beforehand! Tradeify has fair conditions for entry.

How do I pass a Prop Firm Challenge?

Tips for the Prop Trading Challenge: 1) Risk 0.5-1% per trade. 2) Know the Drawdown Rules precisely. 3) Avoid overtrading. 4) Avoid news times. 5) No revenge trades. 6) Consistency before big profits!

How do I recognize a reputable Prop Firm?

Characteristics of reputable Prop Trading Firms: ✓ Transparent rulesVerifiable payoutsAccessible supportClear feesPositive Trustpilot reviews. Verified providers in our comparison: Tradeify, Apex, Bulenox.

What are the risks in Prop Trading?

Prop Trading Risks: 1) Losing the challenge fee. 2) Prop Firm insolvency. 3) Psychological stress. 4) Rule changes. 5) Tax complexity. Minimize risks through reputable providers and conservative money management!

🖥️ Platforms & Features

Which trading platforms do Prop Firms use?

Most Futures Prop Firms support: NinjaTrader 8 (most common), Tradovate (web-based, affordable), Rithmic (fast execution), and TradingView. Top providers with broad platform support: Tradeify, Apex, Bulenox.

What is Instant Funding with Prop Firms?

Instant Funding means: Immediately Funded Account without a challenge. Advantage: No time pressure, no profit target. Disadvantage: Usually lower Profit Split (50-70%). For regular challenges with fair conditions, we recommend Tradeify or Apex.

How does Scaling work with Prop Firms?

Scaling increases your Funded Account capital. After consistent profits (e.g., 10% over 3 months), capital is increased – from 50K to 100K to 200K. Tradeify offers attractive scaling options, with Apex even up to $300,000 possible!

Which Futures can I trade with Prop Firms?

Most popular markets with Futures Prop Firms: ES (S&P 500), NQ (Nasdaq 100), CL (Crude Oil), GC (Gold), RTY (Russell 2000). Micro-contracts (MES, MNQ) are usually also available. Tradeify and Apex offer all common CME products.

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