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Compare evaluation fees, profit splits, trading rules, and payout speeds across the top 4 prop firms. Find your perfect match based on your trading style.
Not all prop firms are created equal. The wrong firm can cost you thousands in failed evaluations, while the right firm matches your trading style and accelerates your path to profitability. This comparison covers every critical dimension.
| Dimension | FTMO | Topstep | MyFundedFutures | FundedTrading+ |
|---|---|---|---|---|
| Evaluation Fee ($50K) | $345 | $165 | $155 | $297 |
| Evaluation Fee ($100K) | $540 | $325 | $310 | $597 |
| Profit Split (Starting) | 80% | 80% | 80%-90% | 80% |
| Profit Split (Max) | 90% | 90% | 90% | 90% |
| Daily Loss Limit | 5% | 3% (trailing) | 4% | 5% |
| Max Drawdown | 10% | 6% (trailing) | 8% | 10% |
| Overnight Holds | Allowed | NOT Allowed | Allowed | Allowed |
| Weekend Holds | Allowed | NOT Allowed | Allowed | Allowed |
| News Trading | Allowed | Restricted | Allowed | Allowed |
| Max Contracts (ES) | 20 | 30 | 15 | 25 |
| Evaluation Phases | 2 phases | 1 phase | 1 phase | 2 phases |
| Profit Target Phase 1 | 10% | $3,000 (6%) | 8% | 10% |
| Profit Target Phase 2 | 5% | N/A | N/A | 5% |
| Time Limit Phase 1 | 30 days | No limit | 30 days | 30 days |
| Min Trading Days | 4 days | 5 days | 5 days | 4 days |
| Payout Frequency | Bi-weekly | Bi-weekly | Weekly | Bi-weekly |
| First Payout (Avg Days) | 45-60 days | 35-50 days | 25-35 days | 40-55 days |
| Platform Options | MT4, MT5, cTrader, TradingView | Proprietary (TSTrader) | Rithmic, NinjaTrader, TradingView | NinjaTrader, TradingView |
| Scaling Plan | Yes (up to $2M) | Yes (up to $150K) | Yes (up to $600K) | Yes (up to $1M) |
| Payout Speed Rating | ⭐⭐⭐⭐ (4/5) | ⭐⭐⭐⭐ (4/5) | ⭐⭐⭐⭐⭐ (5/5) | ⭐⭐⭐ (3/5) |
MFF offers the lowest evaluation fees across all account sizes. If you're buying multiple evaluations to find your edge, MFF's pricing saves you $100-$300 per attempt compared to FTMO and FundedTrading+.
| Rule | FTMO | Topstep | MFF | FundedTrading+ |
|---|---|---|---|---|
| Overnight Holds | ✓ YES | ✗ NO | ✓ YES | ✓ YES |
| Weekend Trading | ✓ YES | ✗ NO | ✓ YES | ✓ YES |
| News Trading | ALLOWED | NO positions 2 min before/after | ALLOWED | ALLOWED |
| Scaling Out | ALLOWED | ALLOWED | ALLOWED | ALLOWED |
| Hedging | ALLOWED | NOT ALLOWED | ALLOWED | ALLOWED |
| Copy Trading / EAs | Allowed (Forex only) | NOT ALLOWED | Case-by-case approval | ALLOWED |
Topstep's NO overnight holds rule eliminates swing trading entirely. If your edge comes from multi-day position holds, Topstep will force you to close profitable positions at 4pm EST daily. This rule alone has caused 1000s of traders to fail who would have passed at other firms.
Best for traders taking 50-200 tick profits, closing all positions same day
Best for traders holding positions 1-5 days, including weekends
Best for traders capitalizing on economic releases (FOMC, NFP, CPI, etc.)
Best for experienced traders with high-conviction setups, larger risk tolerance
Most traders don't pass on the first attempt. This analysis shows total cost if you buy 3 evaluations over 12 months before passing.
| Scenario | FTMO | Topstep | MFF | FundedTrading+ |
|---|---|---|---|---|
| 3 Attempts ($50K) | $1,035 | $495 | $465 | $891 |
| 3 Attempts ($100K) | $1,620 | $975 | $930 | $1,791 |
| 5 Attempts ($50K) | $1,725 | $825 | $775 | $1,485 |
| Cost Savings vs FTMO | Baseline | -$900 cheaper | -$950 cheaper | -$240 cheaper |
Start with MyFundedFutures ($155 for $50K) for your first 2-3 attempts while developing your edge. Once consistently profitable on MFF, scale up to FTMO ($540 for $100K) to access higher capital and scaling potential. This approach saves $500-$800 in evaluation fees.
Jennifer is a swing trader who holds ES positions for 2-5 days, targeting 20-40 point moves. Her average win: $800-$1,500 per trade.
"I wasted $495 on Topstep because I didn't understand their no-overnight rule kills swing trading. My edge is patience - I wait for perfect setups and hold for 2-5 days. FTMO's rules matched my strategy perfectly. I passed Phase 1 and Phase 2 within 6 weeks total and now manage a $100K funded account. Always match the firm to your trading style, not the other way around."
Marcus diversifies across 3 prop firms to maximize income and reduce single-firm risk. His strategy: scalping ES during morning session.
| Firm | Account Size | Monthly Profit | Profit Split | Take Home |
|---|---|---|---|---|
| FTMO | $100,000 | $5,200 | 80% | $4,160 |
| Topstep | $100,000 | $4,800 | 80% | $3,840 |
| MFF | $50,000 | $1,500 | 80% | $1,200 |
| TOTAL | $250,000 | $11,500 | - | $9,200 |
Fastest payouts in the industry. Weekly payout schedule means you can request withdrawal every 7 days. Processing is highly reliable with minimal delays reported.
Reliable payouts with established track record. Bi-weekly schedule (every 14 days). Longer time to first payout due to 2-phase evaluation, but processing is consistent once funded.
Established firm with consistent payout history. 1-phase evaluation means faster to first payout than FTMO. Bi-weekly schedule with reliable processing times.
Newer firm with slower processing times reported. Some traders report delays of 7-10 days. Bi-weekly schedule but less consistent than established firms.
Yes, most firms allow this. However, you CANNOT take the exact same trade at the exact same time across multiple firms (some flag this as violating terms). Diversify your trades slightly or use different instruments to avoid correlation red flags.
Topstep statistically has the easiest evaluation: only 1 phase, lowest profit target ($3,000 vs $5,000-$10,000), and no time limit. However, the no-overnight-holds rule eliminates 40% of traders. MFF is second-easiest with 1-phase, 8% target, and flexible rules.
Yes, rare but it happens. FTMO changed weekend holding rules in 2023 (then reversed after backlash). This is why diversifying across 2-3 firms reduces risk. If one firm changes rules unfavorably, you have other accounts to fall back on.
Instant account termination in most cases. Some firms (like FTMO) offer "soft breach" forgiveness for first-time minor violations, but don't count on it. Treat funded account rules MORE seriously than evaluation rules - your ongoing income depends on it.
Start with $50K. It costs 30-50% less and the profit targets are identical percentages. Once you pass a $50K evaluation and feel confident, scale to $100K. Many traders waste money buying $100K evaluations before proving they can pass $50K first.
Fastest: MFF (25-35 days total from starting evaluation). Typical: Topstep (35-50 days), FTMO (45-60 days). This includes evaluation time + minimum 10-14 trading days on funded account + payout processing. Plan for 6-10 weeks minimum from start to first payout.
YES. Prop firms issue 1099 forms (US) reporting your profit split as income. You're responsible for quarterly estimated taxes. Many traders fail to plan for this and get hit with large tax bills. Set aside 25-35% of payouts for taxes. Consult a CPA.
None. Don't buy ANY prop firm evaluation until you're consistently profitable on demo for 3+ months. Prop firms are NOT training programs - they're performance evaluations. Master your edge on demo first, THEN spend money on evaluations. Failure rate for beginners buying evaluations immediately: 95%+.
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