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216 accounts from 13 firms

Most Established Prop Firms (2026)

The5ers leads our track-record ranking of the 13 prop firms that pass our trust filter: 10 years in business and 38,714 public reviews averaging 4.7/5. We rank this page on years, review volume and rating, with a quarter of the weight on our overall score, where The5ers is #3 of 90. By overall score, the strongest firms here are FundedNext, The5ers and City Traders Imperium.

By Editorial teamListing data refreshed List prices, no promo codes

We judge trust on three measurable signals: years in business, public trader feedback and any warning about payouts or regulators.

Every firm here has traded for at least four years, holds a public rating of 4 or better and carries no warning from us.

Method: To make the cut a firm needs 4+ years in business, a public rating of 4.0 or better and no warnings. Then it ranks on years, review volume and rating, blended with our score. No firm with an open warning makes the picks. We quote official list prices with no promo codes and add any fee you pay after passing.

Most Established Prop Firms in numbers

Firms listed
13
Accounts compared
216
Profit target, all phases (median)
10%
Maximum loss (median)
6%
Daily loss cap (median)
3%, with no daily cap on 39% of accounts
Drawdown mix
static on 46%, end-of-day trailing on 22%, intraday trailing on 19%
Funded split (median)
80%
Payout cycle (median)
every 14 days
How you pay
subscription on 19% of accounts, a one-off fee on the rest
Fee charged after you pass
on 23% of accounts, median $130
Consistency rule
6% of accounts have no best-day cap in the challenge or at payout; 52% state a cap size
Minimum trading days (median)
3
50K forex account, median list price
$329
100K forex account, median list price
$545
Platforms offered by most firms
6 firms on TradingView, 5 on cTrader, 5 on Bookmap, 5 on MotiveWave

Every figure is a median of accounts, not of firms: the 216 accounts listed here, at list price, as of October 5, 2026. Size prices leave out pay-later plans.

Track record, firm by firm

Three signals we can measure: how long the firm has operated, how many traders have rated it in public and how they rate it. The last column shows where it sits on our overall score, which also weighs price, rules and access.

FirmFoundedYearsTrustpilotReviewsOverall score (rank)
The5ers2016104.738,7144.3 (#3)
FTMO2015114.853,3493.8 (#68)
FundedNext202244.580,3674.4 (#2)
Earn2Trade2016104.65,0083.9 (#58)
Apex Trader Funding202154.221,1463.3 (#88)
City Traders Imperium201884.2—4.0 (#30)
Take Profit Trader202154.410,7283.2 (#89)
Bulenox202154.71,8003.6 (#84)
TradeDay202064.6—3.6 (#82)
Ment Funding202144.7—3.7 (#76)
HyroTrader202244.02253.9 (#65)
Trade The Pool202244.4—3.7 (#75)
Lark Funding202244.3—3.9 (#49)

Firms closed or paused are in our closed prop firms registry, not here.

Quick comparison of the leaders

Forex/CFD · compared on the 100K account, or the nearest size

#FirmAccountTargetLoss capsSplitPayout cyclePriceStands out for
1The5ers4.3$100K High Stakes Challenge 2-Step10% / 5%5% a day · 10% total (static)80%Every 14 days$455Fixed loss floor
2FTMO3.8€100K Standard Challenge 1-Step10%3% a day · 10% total (end-of-day trailing)90%Every 14 days€499Roomy drawdown
3FundedNext4.4$100K Stellar Lite Challenge 2-Step8% / 4%4% a day · 8% total (static)80%Every 14 days$400Heavily reviewed
4City Traders Imperium4.0$100K Evaluation 1-Step8%no daily cap · 5% total (balance-trailing)80%Monthly$449No daily cap
5Ment Funding3.7$100K Evaluation 1-Step10%5% a day · 6% total (static)75%Monthly$750Big account sizes
6Trade The Pool3.7$100K Edge 1-Step6%1.8% a day · 4% total (end-of-day trailing)80%Every 14 days$266Cheap to start
7Lark Funding3.9$100K 3-Stage Evaluation 3-Step5% / 4% / 3%no daily cap · 5% total (static)80%Every 14 days$370All-rounder

Futures · compared on the 50K account, or the nearest size

#FirmAccountTargetLoss capsSplitPayout cyclePriceStands out for
1Earn2Trade3.9$50K The Gauntlet Mini 1-Step6%2.2% a day · 4% total (end-of-day trailing)80%Weekly$170/mo + $139 after passingPaid weekly
2Apex Trader Funding3.3$50K No Activation Intraday 1-Step6%no daily cap · 4% total (intraday trailing)100%After 5 profitable days$490No daily cap
3Take Profit Trader3.2$50K Test 1-Step6%no daily cap · 4% total (end-of-day trailing)80%Daily$170/mo + $130 after passingPaid daily
4Bulenox3.6$50K Momentum Option 1 1-Step6%no daily cap · 4.5% total (intraday trailing)90%After 5 profitable days$143Split of 90% or more

Futures firms set targets and loss limits in dollars; we show them as a percent of the account.

Firms listed
13
out of 90 firms in our data
Target, this page (median of accounts)
10%
Everything else: 10%
Max loss, this page (median of accounts)
6%
Everything else: 6%
$10K of funding, this page (one-off fees)
$80.00
$143 per $1K of max loss; Everything else: $78 per $10K

The strongest pick for each priority

A formula picks these from 216 accounts. We leave out our Editor's Choice and any firm carrying a warning.

All 216 accounts side by side

Each account sold by the firms listed here, priced at list. The table opens on $100K forex/CFD accounts with the lowest price on top.

20 matching accounts · list prices without discounts

Firm · accountSizeStepsTargetDaily capTotal capDD : targetSplitPayout cycleList price
Trade The Pool3.7 ★★★★★ 4.4Edge - 1-Step - 100K$100K1-Step6%1.8%4% EOD trailing1:0.6780%Bi-weekly$266$26.60 / $10KVisit
The5ers4.3 ★★★★★ 4.7Bootcamp Program - 3-Steps *100K$100K3-Step6%|6%|6%none5% Static1:0.2850%Bi-weekly$95+ $205 on pass$30 / $10KVisit
Lark Funding3.9 ★★★★★ 4.33-Stage Evaluation - 3-Steps 100K$100K3-Step5%|4%|3%none5% Static1:0.4280%Bi-weekly$370$37 / $10KVisit
FundedNext4.4 ★★★★★ 4.5Stellar Lite Challenge - 2-Steps …$100K2-Step8%|4%4%8% Static1:0.6780%Bi-weekly$400$40 / $10KVisit
Trade The Pool3.7 ★★★★★ 4.4Day Trade Max - 1-Step - 100K$100K1-Step6%1%3% Static1:0.570%Bi-weekly$435$43.50 / $10KVisit
City Traders Imperium4.0 ★★★★★ 4.21-Step Evaluation - 1-Step 100K$100K1-Step8%none5% Trailing bal.1:0.6380%Monthly$449$44.90 / $10KVisit
The5ers4.3 ★★★★★ 4.7High Stakes Challenge - 2-Steps 1…$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$455$45.50 / $10KVisit
Trade The Pool3.7 ★★★★★ 4.4Day Trade Flex - 1-Step - 100K$100K1-Step6%2%4% Static1:0.6770%Bi-weekly$545$54.50 / $10KVisit
City Traders Imperium4.0 ★★★★★ 4.22-Step Challenge Funding - 2-Step…$100K2-Step10%|5%5%10% Static1:0.6780%Monthly$549$54.90 / $10KVisit
FundedNext4.4 ★★★★★ 4.5Stellar Challenge - 2-Steps 100K$100K2-Step8%|5%5%10% Static1:0.7780%Bi-weekly$550$55 / $10KVisit
FTMO3.8 ★★★★★ 4.8Standard Challenge - 1-Step 100K€100K1-Step10%3%10% EOD trailing1:190%Bi-weekly€499€49.90 / $10KVisit
FundedNext4.4 ★★★★★ 4.5Stellar Challenge - 1-Step 100K$100K1-Step10%3%6% Static1:0.680%Weekly$570$57 / $10KVisit
FTMO3.8 ★★★★★ 4.8Standard Challenge - 2-Steps 100K€100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly€540€54 / $10KVisit
FTMO3.8 ★★★★★ 4.8Swing Challenge - 2-Steps 100K€100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly€599€59.90 / $10KVisit
Ment Funding3.7 ★★★★★ 4.7Evaluation - 1-Step 100K$100K1-Step10%5%6% Static1:0.675%Monthly$750$75 / $10KVisit
Lark Funding3.9 ★★★★★ 4.31-Stage Evaluation - 1-Step 100K$100K1-Step10%5%7% Static1:0.780%Bi-weekly$800$80 / $10KVisit
Lark Funding3.9 ★★★★★ 4.3Instant Funding - Instant 100K$100KInstantnone5%8% Trailing bal.—90%Monthly$4,500$450 / $10KVisit
The5ers4.3 ★★★★★ 4.7Summer Plan 10/5 - 2-Step 100K$100K2-Step10%|5%3%10% Static1:0.6780%Bi-weekly$149promo price$14.90 / $10KVisit
The5ers4.3 ★★★★★ 4.7Summer Plan 8/5 - 2-Step 100K$100K2-Step8%|5%3%10% Static1:0.7780%Bi-weekly$179promo price$17.90 / $10KVisit
The5ers4.3 ★★★★★ 4.7Summer Plan - 1-Step 100K$100K1-Step10%3%6% Static1:0.675%Bi-weekly$249promo price$24.90 / $10KVisit

Our top 7 picks up close

1

The5ers

4.3 site score · ★★★★★ 4.7 on Trustpilot
Go to site
Flagship account
$100K High Stakes Challenge · 2-Step
Profit goal
10% / 5%
Loss caps
5% a day · 10% total (static)
Split and payout cycle
80% · every 14 days
Price at list
$455
Matching accounts here
21
Why it ranks here (track record)
10 years, 38,714 reviews at 4.7/5
Strengths
  • Fixed loss floor that never rises
  • Rated 4.7★ by 38.7K Trustpilot reviewers
  • In business for 10 years
Drawbacks
  • Slower payout cycle: every 14 days
  • Minimum of 3 trading days

The5ers review

2

FTMO

3.8 site score · ★★★★★ 4.8 on Trustpilot
Go to site
Flagship account
€100K Standard Challenge · 1-Step
Profit goal
10%
Loss caps
3% a day · 10% total (end-of-day trailing)
Split and payout cycle
90% · every 14 days
Price at list
€499
Matching accounts here
14
Why it ranks here (track record)
11 years, 53,349 reviews at 4.8/5
Strengths
  • Loss room matches or beats the target (1:1)
  • Keep 90% of profits
  • Rated 4.8★ by 53.3K Trustpilot reviewers
  • In business for 11 years
Drawbacks
  • End-of-day trailing drawdown, so the floor rises with your balance
  • Slower payout cycle: every 14 days
  • Best day capped at 50% of profit

FTMO review

3

FundedNext

4.4 site score · ★★★★★ 4.5 on Trustpilot
Go to site
Flagship account
$100K Stellar Lite Challenge · 2-Step
Profit goal
8% / 4%
Loss caps
4% a day · 8% total (static)
Split and payout cycle
80% · every 14 days
Price at list
$400
Matching accounts here
22
Why it ranks here (track record)
4 years, 80,367 reviews at 4.5/5
Strengths
  • Fixed loss floor that never rises
  • Rated 4.5★ by 80.4K Trustpilot reviewers
  • In business for 4 years
Drawbacks
  • Slower payout cycle: every 14 days
  • Minimum of 5 trading days

FundedNext review

4

Earn2Trade

3.9 site score · ★★★★★ 4.6 on Trustpilot
Go to site
Flagship account
$50K The Gauntlet Mini · 1-Step
Profit goal
6%
Loss caps
2.2% a day · 4% total (end-of-day trailing)
Split and payout cycle
80% · weekly
Price at list
$170/mo + $139 after passing
Matching accounts here
7
Why it ranks here (track record)
10 years, 5,008 reviews at 4.6/5
Strengths
  • Paid weekly
  • Rated 4.6★ by 5K Trustpilot reviewers
  • In business for 10 years
Drawbacks
  • End-of-day trailing drawdown, so the floor rises with your balance
  • Best day capped at 30% of profit
  • Recurring monthly fee instead of a single payment

Earn2Trade review

5

Apex Trader Funding

3.3 site score · ★★★★★ 4.2 on Trustpilot
Go to site
Flagship account
$50K No Activation Intraday · 1-Step
Profit goal
6%
Loss caps
no daily cap · 4% total (intraday trailing)
Split and payout cycle
100% · after 5 profitable days
Price at list
$490
Matching accounts here
34
Why it ranks here (track record)
5 years, 21,146 reviews at 4.2/5
Strengths
  • This account has no daily cap
  • Keep 100% of profits
  • Paid after 5 profitable days
  • In business for 5 years
Drawbacks
  • Intraday trailing drawdown, so the floor rises with your open equity
  • Best day capped at 50% of profit

Apex Trader Funding review

6

City Traders Imperium

4.0 site score · ★★★★★ 4.2 on Trustpilot
Go to site
Flagship account
$100K Evaluation · 1-Step
Profit goal
8%
Loss caps
no daily cap · 5% total (balance-trailing)
Split and payout cycle
80% · monthly
Price at list
$449
Matching accounts here
23
Why it ranks here (track record)
8 years, review count not on file at 4.2/5
Strengths
  • This account has no daily cap
  • In business for 8 years
Drawbacks
  • Balance-trailing drawdown, so the floor rises with your balance
  • Slower payout cycle: monthly
  • Minimum of 3 trading days
7

Take Profit Trader

3.2 site score · ★★★★★ 4.4 on Trustpilot
Go to site
Flagship account
$50K Test · 1-Step
Profit goal
6%
Loss caps
no daily cap · 4% total (end-of-day trailing)
Split and payout cycle
80% · daily
Price at list
$170/mo + $130 after passing
Matching accounts here
5
Why it ranks here (track record)
5 years, 10,728 reviews at 4.4/5
Strengths
  • This account has no daily cap
  • Withdraw every day
  • In business for 5 years
Drawbacks
  • End-of-day trailing drawdown, so the floor rises with your balance
  • Best day capped at 50% of profit
  • Minimum of 3 trading days

Take Profit Trader review

These accounts against the rest of the market

Median ofThis pageEverything else
Accounts counted2161997
Total profit target10%10%
Maximum loss6%6%
Max loss per 1% of target1:0.671:0.67
Share with no daily cap39%16%
Share with static drawdown46%48%
Share with no consistency rule6%17%
Split once funded80%80%
Payout cycle (days)1412
Cost per $10K, one-off fee$80.00$78
Cost per $1K of max loss, one-off fee$143$124

Each figure is a median: accounts sold by the firms listed here set against every other account in our data.

Charts from our data

How high the targets go

5–6% 84 accts6.5–8% 8 accts8.5–10% 37 accts>10% 59 accts
The 216 accounts listed here, grouped by their total profit target.

Drawdown types in use

216accountsStatic · 49%End-of-day trailing · 23%Intraday trailing · 21%Balance-trailing · 5%Equity-trailing · 2%
Static is the gentlest model for a trader, and intraday trailing is the harshest.

What each account size costs (Forex, median)

$5K $59$10K $112$25K $200$50K $329$100K $545$200K $1,100
Typical upfront list price per size for the accounts listed here, converted to USD. Pay-after-pass deals are left out.

Years in business

FTMO 11.8 yrsThe5ers 10.8 yrsEarn2Trade 10.1 yrsCity Traders Imperium 8.3 yrsTradeDay 6.8 yrsApex Trader Funding 5.8 yrsTake Profit Trader 5.5 yrsBulenox 5.4 yrsMent Funding 4.9 yrsHyroTrader 4.8 yrsFundedNext 4.5 yrsLark Funding 4.3 yrs
The 12 leading firms on years in business, firms with warnings excluded.

Every firm on this list (13)

#FirmYearsTrustpilotReviewsScore
1The5ers10.84.738,7144.3Go to site
2FTMO11.84.853,3493.8Go to site
3FundedNext4.54.580,3674.4Go to site
4Earn2Trade10.14.65,0083.9Go to site
5Apex Trader Funding5.84.221,1463.3Go to site
6City Traders Imperium8.34.2—4.0Go to site
7Take Profit Trader5.54.410,7283.2Go to site
8Bulenox5.44.71,8003.6Go to site
9TradeDay6.84.6—3.6Go to site
10Ment Funding4.94.7—3.7Go to site
11HyroTrader4.84.02253.9Go to site
12Trade The Pool4.14.4—3.7Go to site
13Lark Funding4.34.3—3.9Go to site

Sorted by track record: years since founding, the number of public reviews and their rating, with our overall score as 25% of the weight. A ⚠ flag means the firm carries a warning, so read its review first.

Vetting a prop firm yourself

Identify the legal entity. A real company name and registered address in the footer, and terms naming who processes payouts, are the minimum.

Study the one-star reviews. Watch for repeats: payouts denied after a rule tweak, support that goes silent, accounts shut without a clear reason.

Search regulator alert lists. Several prop firms have shown up on investor alert lists. Our legitimacy guide covers what to check.

Browse other rankings

Closely related

Questions and answers

Which prop firm can I trust most?

Judged by history, The5ers leads with 10 years in business and a public score of 4.7/5. Judged by our overall score, FundedNext comes first.

Which prop firms are the most trusted?

The5ers, FTMO, FundedNext, Earn2Trade, Apex Trader Funding, City Traders Imperium, Take Profit Trader and Bulenox, in the order of this page.

Why is FTMO high here but lower overall?

This page weighs history and reviews, where FTMO is strong. Our overall score also weighs price, rules and country access, and puts it at #68 of 90, held back mainly by country access (37/100).

Are any prop firms legitimate?

Yes. 13 firms in our data have run for four years or more with good public ratings and no warnings. Firms that shut down are logged in our closed prop firms registry.