PROP FIRM RULES 2026

PROP FIRM RULES & DRAWDOWN LIMITS

Complete evaluation rules, daily drawdown limits, profit targets, and tips to pass for the 7 most popular proprietary trading firms. Updated April 2026.

FirmDaily LimitMax LossTargetSplit

FTMOMost Popular

The benchmark — most popular prop firm worldwide

DD: 5%Split: 80–90% News OK

5%10%10% / 5%80–90%

Apex Trader FundingFutures

Futures-only, trailing drawdown, generous reset policy

DD: None (trailing)Split: 90% No news

None (trailing)6% trailing$3,000 (50K)90%

The5ersScaling

Scaling plan up to $4M, balance-based drawdown

DD: 4%Split: 80% News OK

4%4–8%8% (Phase 1)80%

TopstepFutures

Futures-focused, no news restriction, 90% split

DD: $1,000–$4,500Split: 90% News OK

$1,000–$4,500$2,000–$9,000$3,000–$9,00090%

MyFundedFX

One-step or two-step, forex + metals, 75–85% split

DD: 5%Split: 75–85% News OK

5%10%10% (one-step)75–85%

Funded Trading PlusStrict

Balance-based 4% drawdown, no min days, scaling to $2M

DD: 4%Split: 80% No news

4%8%8% / 4%80%

True Forex Funds

FTMO-like rules, news trading allowed, 80% split

DD: 5%Split: 80% News OK

5%10%10% / 5%80%

QUICK COMPARISON — TRADING RESTRICTIONS

Firm	News Trading	Weekend Hold	Scalping	EA / Bots
FTMO
Apex
The5ers
Topstep
MyFundedFX
FTP
TFF

WHY MOST TRADERS FAIL PROP FIRM CHALLENGES

The rules are not the problem. 73% of prop firm challenge failures are caused by behavioral mistakes, not bad strategies. The most common failure patterns across all firms:

Revenge trading after a losing session — doubling size to recover losses quickly

Overtrading on volatile days — taking 3× normal trade count trying to "catch up"

Ignoring the daily drawdown limit on day 1 of a new challenge

Holding positions over news events on firms that prohibit it (Apex, FTP)

Sizing positions relative to equity highs rather than the current drawdown floor

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