Side-by-Side Comparison

Compare prop firms on the mechanics that actually drive outcomes — not the marketing numbers on the spec sheet.

Comparing 3 firms. URL updates as you change selection — copy to share this exact view.
DIMENSION
Apex Trader Funding
100K Intraday (v4.0)
Topstep
100K Combine
FTMO
100K Challenge
Risk
Drawdown Type
Intraday Trailing
EOD Trailing
Static
Drawdown ÷ Target
0.50×
0.50×
1.00×
Max Drawdown
$3,000
$3,000
$10,000
Daily Loss Limit
None
$2,000
$5,000
Lock Point
start + $100
starting balance
N/A (static)
Passing
Profit Target
$6,000
$6,000
$10,000
Phases
1-step
1-step
2-step
Min Trading Days
5
2
4
Payout
Profit Split
100% first $25K, then 90/10
100% first $10K, then 90/10 (post-Jan 2026)
80/20 (90/10 after scaling)
Consistency Rule
50%
40%
None
First Payout
5 qualifying days (v4.0)
5 winning days of $200+
14 calendar days
Payout Frequency
On demand after first; 6-payout lifetime cap
On demand after first
Every 14 days (on demand after)
Cost
Challenge Fee
$167
$99
$540
Reset Fee
No resets
$99
$108
Activation + Monthly
$79 + $85/mo
$149 + $39/mo
None
Freedoms
News Trading
✓ Allowed
✓ Allowed
✓ Allowed
Weekend Hold
✕ Blocked
✕ Blocked
✓ Allowed
Overnight Hold
✕ Blocked
✕ Blocked
✓ Allowed
EAs / Automation
✕ Blocked
✓ Allowed
✓ Allowed

Notes & Caveats

Apex Trader Funding100K Intraday (v4.0)
Apex v4.0 (launched March 1, 2026) — overnight holds banned, consistency relaxed from 30% to 50%, qualifying days reduced from 7 to 5, account resets eliminated, 6-payout lifetime cap per PA. Legacy v3.0 accounts purchased before March 1, 2026 continue under the old 30% consistency rule and previous ruleset.
Last verified: April 2026
Topstep100K Combine
Express Funded variant uses 50% consistency; Standard Funded has no rule.
Last verified: April 2026
FTMO100K Challenge
Challenge fee refunded with first payout. Scaling: +25% of original balance every 4 months with 10% profit and 2 payouts.
Last verified: April 2026

How to Read This

The dimensions are grouped by what they actually affect. Risk mechanics determine whether you survive the challenge. Passing requirements determine whether you pass. Payout rules determine whether you get paid after passing. Cost determines whether the economics make sense. Freedoms determine whether your strategy is even allowed.

Star markers highlight the best value in each row. "Best" is context-dependent — on drawdown type, static is most forgiving. On profit target, lower is easier. On consistency, higher percentage (or no rule) is more lenient. Where a dimension has no single "best" (like profit split structure or payout frequency phrasing), no star appears.

The drawdown-to-target ratio is the single most useful comparison number. A ratio below 1.0× means you have less buffer than the profit you need to make. Under trailing drawdown, a 0.5× ratio is genuinely punishing because the buffer shrinks as you trade. Apex and MFFU Rapid plans sit in this territory by design.

Cost columns are deliberately incomplete. Challenge fee, reset fee, and activation + monthly are the headline numbers but the true cost depends on how many resets you take, how many months you hold a funded account before first payout, and whether a sale was active. Use the True Cost Calculator for the full picture.

What Each Dimension Means

Drawdown Type
How the max-loss floor behaves. Static never moves. EOD trailing updates at close. Intraday trailing tracks unrealized peaks. Dynamic closed-only tracks realized P&L.
Drawdown ÷ Target
Your buffer relative to the passing bar. 1.0× means buffer equals target — reasonable. 0.5× means you only have half as much room as you need to pass — tight.
Consistency Rule
The cap on what % of total profit can come from your best single day. Lower = stricter. 'strict' badge marks FTMO's positive-days-only variant which excludes losing days from the denominator.
Profit Split
Your share of profits on funded accounts. Many firms use tiered splits (100% up to a cap, then lower). Structures vary — look beyond the headline percentage.
Activation + Monthly
One-time activation plus recurring platform/data fees. Apex and Topstep charge for market data subscriptions; forex firms generally don't.
Freedoms
What's allowed: news events, weekend holds, overnight holds, expert advisors (EAs). Futures firms are generally stricter than forex firms on these.

What This Tells You

Nobody wins every column. If one firm appears to dominate every dimension, you're either looking at a very narrow comparison or missing something. FTMO has static drawdown but high fees and a lower split. Apex has a cheap entry point but intraday trailing and mandatory monthly data fees. Topstep is moderate across the board but added daily loss limits. Trade-offs are the point.

Match the firm to your strategy, not the other way around. A scalper with tight stops survives intraday trailing fine. A swing trader holding across sessions needs EOD or static drawdown. A news trader needs a firm that allows news events. A strategy with one or two big trades per week will fail consistency rules regardless of headline profit. The comparison should narrow down firms where your edge is actually allowed to operate.

Mechanical details outweigh headline numbers. Two firms with identical account size, profit target, and "max drawdown" can produce completely different pass rates depending on drawdown type, lock behavior, and daily loss limit. The spec sheet lies; the mechanics don't.

Every comparison has a last-verified date. Prop firm rules change every 3–6 months. Apex went to v4.0 in March 2026 banning overnight holds. Topstep changed its profit split in January 2026. Rules from year-old reviews are often wrong. Always cross-check the firm's current terms page before paying for a challenge.

Next Steps

The comparison narrows the field. The calculators tell you what happens inside each firm against your actual strategy.

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propfirmsdata.comHome
Full calculator suite, firm database, and rule-change tracker. Every tool you need to evaluate prop firms with data, not marketing.
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Trailing Drawdown VisualizerSimulate risk
Paste your daily P&L or run a random simulation to see how each firm's drawdown mechanics would have treated your trades. Different floors, same sequence.
⚖️
Consistency Rule CalculatorCheck payout eligibility
Check whether your best day would disqualify you from a payout under each firm's consistency rule. Shows the exact deficit and max next-day ceiling.
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True Cost CalculatorCalculate costs
The real all-in cost of a challenge — including resets, activation fees, platform fees, and monthly data subscriptions. Sticker price is not true cost.
Educational purposes only — verify all rules at each firm's website before purchasing.
Prop firm rules change frequently. Last database refresh: April 2026.
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