Prop Firm Rules 2026
Prop firm rules are scattered, and rarely by accident. A firm’s headline numbers sit on the page you buy from. The rules that decide whether you actually get paid, prohibited strategies, payout reviews, account limits and what happens when you breach, tend to sit in a help centre or a terms document you are unlikely to read before you pay.
This section collects them. One page per firm, split into two parts: the general rules that apply to every account at that firm whichever programme you bought, and the programme rules that change between a firm’s one-step, two-step and instant products. Every entry links to the firm’s own page and carries the date we last checked it.
Scope. Every firm in this section is a CFD and forex firm. Futures firms will be labelled as such when we add them, because the rules that decide whether you get paid are not the same on the two sides of the industry.
Firms tracked
11
Programmes covered
67
Rule fields recorded
1475
Oldest verification
6 September 2026
2 firm(s) not checked in the last week
The firms we track
| Firm | Max loss | Max daily loss | Consistency rule | Profit split | News trading | Last verified |
|---|---|---|---|---|---|---|
| Alpha Capital Group | 4% to 10%, trailing on One and Direct, static on Pro, Three and Swing | 3% to 5%, measured on the higher of end-of-day balance or equity on most plans | 40% best day on On-Demand, 15% on Alpha Direct | 80%, 90% on Alpha Direct or with a paid add-on | No opening or closing trade 5 minutes either side, 2 minutes on Swing | 27 September 2026 |
| Breakout | 3% to 6% of the opening balance, by plan. Static on every product currently sold. | 3% on all three plans and on Kraken Funded, recalculated at 00:30 UTC from the balance at that moment. 4% on the withdrawn 2-Step, which the contract puts at 5%. | None, on any product. No consistency rule, profit cap, risk-per-trade limit or minimum hold time is published anywhere. | 80% as standard, 90% with a checkout add-on that is permanent for the life of the account and cannot be applied later. No condition reduces it. | Permitted, with no restriction of any kind on any product. | 27 September 2026 |
| FTMO Futures | $2,000 to $6,000, end-of-day trailing, locking permanently at the starting balance | None on Growth in the Evaluation, soft $1,000 to $3,000 once funded; $1,000 to $2,000 hard on Pro throughout | Best day 40% of total profit on Growth, 50% on Pro, Evaluation only, and it cannot be breached | 90/10 on every size and both products | Allowed with no special restriction, but the forbidden practices page names news-event concentration as a standard you must meet | 6 September 2026 |
| FTMO | 10% static (2-Step) or 10% end-of-day trailing (1-Step) | 3% (1-Step), 5% (2-Step) | Best Day Rule 50%, 1-Step only | 90% (1-Step), 80% rising to 90% (2-Step) | Unrestricted in evaluation, restricted once funded on Standard | 27 September 2026 |
| Funded Trading Plus | 6% trailing (Instant, 1-Step) or 8% static (2-Step) | 6% (Instant), 4% (1-Step and 2-Step) | 35% then 50%, 2-Step Classic only | 80%, rising to 90% | Allowed, no policy document published | 20 September 2026 |
| FundedNext | 6% to 10% of the initial balance, static on the three evaluation models; Instant published three incompatible ways | 3% to 5% of the initial balance, reset 00:00 server time; none on Instant | None as standard. A 40% best-day rule arrives with the paid payout add-on | 80% standard, up to 90% after scale-up, 95% with a paid add-on | Allowed. Profit inside the window counts at 40% on funded accounts | 27 September 2026 |
| Funding Pips | 6% to 12% of the starting size, static on the five evaluation models; 5% trailing on Zero | 3% to 5% of the higher of opening balance or equity | 35% best day on the faster cycles, 15% on Zero, none on 2 Step Pro | 60% to 100% depending on model and cycle; 100% only on accounts bought from 15 August 2026 | Forbidden in the binding terms, allowed on the product pages, restricted in the help centre. Hard breach on Zero | 27 September 2026 |
| Goat Funded Trader | 5% to 10%. Static on the 1-Step and both 2-Step models, trailing against equity on the three Instant models and Goat Blitz | 3% to 5%, taken from the higher of balance or equity at the 5pm EST reset | 15% on Instant HERO, Instant GOAT and funded Goat Blitz; none on Instant Premium, the 1-Step or either 2-Step | 80% to 90%, rising to 100% via a paid add-on except on Instant Premium, which is a flat 80% | Allowed, with profit inside a 5-minute window either side of a red folder release capped at 1% of the initial balance and the excess removed | 27 September 2026 |
| Instant Funding | 10% Smart Drawdown, 6-10% static, or 6% trailing on Clarity | 2% to 5%, not published on the flagship | Best day 15% to 40%, at the payout gate | 80%, 90% on IF1 | Add-on required on six programmes, default on seven | 27 September 2026 |
| Maven Trading | 3% to 10%. Static on the Two-Step, Three-Step and Omo; trailing on the One-Step, Instant and Mini | 2% to 4%, on the higher of equity or balance at 00:00 UTC. None on Prediction Markets or in the Buy Now, Pay Later evaluation | 20% on Instant and on funded Buy Now, Pay Later; 15% on Mini; none on the Two-Step, One-Step, Three-Step, Omo or Prediction Markets | 80% on the four programmes the Terms describe, 70% on Mini and Prediction Markets, 90% via a $2.25 add-on, halved to 50% for the life of the account if the M2 Account Saver triggers | Prohibited 2 minutes either side of red folder releases on the standard programmes; permitted on Instant, Omo and Buy Now, Pay Later | 27 September 2026 |
| The 5ers | 6% on Growth, 10% absolute on High Stakes, 5% then 4% on Bootcamp | 3% on Growth and funded Bootcamp, 5% on High Stakes, none during Bootcamp evaluation | 50% of total profit at the payout gate on funded accounts, published only in the FAQ | Up to 100%, starting at 80% on High Stakes | Holding allowed, no orders 2 minutes either side of high-impact news | 27 September 2026 |
Which prop firms have no consistency rule?
As of 27 September 2026, of the 11 prop firms tracked here, two operate no consistency requirement on any programme: Breakout and FundedNext. Seven operate one on some programmes but not others: FTMO, Funded Trading Plus, Funding Pips, Goat Funded Trader, Instant Funding, Maven Trading and The 5ers. Two operate one across every programme: Alpha Capital Group and FTMO Futures.
| Firm | Position | Last verified |
|---|---|---|
| Alpha Capital Group | 40% best day on On-Demand, 15% on Alpha Direct | 27 September 2026 |
| Breakout | None, on any product. No consistency rule, profit cap, risk-per-trade limit or minimum hold time is published anywhere. | 27 September 2026 |
| FTMO Futures | Best day 40% of total profit on Growth, 50% on Pro, Evaluation only, and it cannot be breached | 6 September 2026 |
| FTMO | Best Day Rule 50%, 1-Step only | 27 September 2026 |
| Funded Trading Plus | 35% then 50%, 2-Step Classic only | 20 September 2026 |
| FundedNext | None as standard. A 40% best-day rule arrives with the paid payout add-on | 27 September 2026 |
| Funding Pips | 35% best day on the faster cycles, 15% on Zero, none on 2 Step Pro | 27 September 2026 |
| Goat Funded Trader | 15% on Instant HERO, Instant GOAT and funded Goat Blitz; none on Instant Premium, the 1-Step or either 2-Step | 27 September 2026 |
| Instant Funding | Best day 15% to 40%, at the payout gate | 27 September 2026 |
| Maven Trading | 20% on Instant and on funded Buy Now, Pay Later; 15% on Mini; none on the Two-Step, One-Step, Three-Step, Omo or Prediction Markets | 27 September 2026 |
| The 5ers | 50% of total profit at the payout gate on funded accounts, published only in the FAQ | 27 September 2026 |
Which prop firms allow news trading?
As of 27 September 2026, of the 11 prop firms tracked here, three place no restriction on trading the news at any stage: Breakout, Funded Trading Plus and FundedNext. Five allow it during the evaluation but restrict it once funded: FTMO Futures, FTMO, Instant Funding, Maven Trading and The 5ers. Three restrict it throughout: Alpha Capital Group, Funding Pips and Goat Funded Trader.
| Firm | Position | Last verified |
|---|---|---|
| Alpha Capital Group | No opening or closing trade 5 minutes either side, 2 minutes on Swing | 27 September 2026 |
| Breakout | Permitted, with no restriction of any kind on any product. | 27 September 2026 |
| FTMO Futures | Allowed with no special restriction, but the forbidden practices page names news-event concentration as a standard you must meet | 6 September 2026 |
| FTMO | Unrestricted in evaluation, restricted once funded on Standard | 27 September 2026 |
| Funded Trading Plus | Allowed, no policy document published | 20 September 2026 |
| FundedNext | Allowed. Profit inside the window counts at 40% on funded accounts | 27 September 2026 |
| Funding Pips | Forbidden in the binding terms, allowed on the product pages, restricted in the help centre. Hard breach on Zero | 27 September 2026 |
| Goat Funded Trader | Allowed, with profit inside a 5-minute window either side of a red folder release capped at 1% of the initial balance and the excess removed | 27 September 2026 |
| Instant Funding | Add-on required on six programmes, default on seven | 27 September 2026 |
| Maven Trading | Prohibited 2 minutes either side of red folder releases on the standard programmes; permitted on Instant, Omo and Buy Now, Pay Later | 27 September 2026 |
| The 5ers | Holding allowed, no orders 2 minutes either side of high-impact news | 27 September 2026 |
Which prop firms use trailing drawdown rather than static?
As of 27 September 2026, of the 11 prop firms tracked here, two use a static maximum loss on every programme: Breakout and The 5ers. One uses a trailing maximum loss on every programme: FTMO Futures. Eight use trailing on some programmes and static on others: Alpha Capital Group, FTMO, Funded Trading Plus, FundedNext, Funding Pips, Goat Funded Trader, Instant Funding and Maven Trading.
| Firm | Position | Last verified |
|---|---|---|
| Alpha Capital Group | 4% to 10%, trailing on One and Direct, static on Pro, Three and Swing | 27 September 2026 |
| Breakout | 3% to 6% of the opening balance, by plan. Static on every product currently sold. | 27 September 2026 |
| FTMO Futures | $2,000 to $6,000, end-of-day trailing, locking permanently at the starting balance | 6 September 2026 |
| FTMO | 10% static (2-Step) or 10% end-of-day trailing (1-Step) | 27 September 2026 |
| Funded Trading Plus | 6% trailing (Instant, 1-Step) or 8% static (2-Step) | 20 September 2026 |
| FundedNext | 6% to 10% of the initial balance, static on the three evaluation models; Instant published three incompatible ways | 27 September 2026 |
| Funding Pips | 6% to 12% of the starting size, static on the five evaluation models; 5% trailing on Zero | 27 September 2026 |
| Goat Funded Trader | 5% to 10%. Static on the 1-Step and both 2-Step models, trailing against equity on the three Instant models and Goat Blitz | 27 September 2026 |
| Instant Funding | 10% Smart Drawdown, 6-10% static, or 6% trailing on Clarity | 27 September 2026 |
| Maven Trading | 3% to 10%. Static on the Two-Step, Three-Step and Omo; trailing on the One-Step, Instant and Mini | 27 September 2026 |
| The 5ers | 6% on Growth, 10% absolute on High Stakes, 5% then 4% on Bootcamp | 27 September 2026 |
Which prop firms let you hold trades over the weekend?
As of 27 September 2026, of the 11 prop firms tracked here, four permit weekend holding at every stage: Breakout, FundedNext, Maven Trading and The 5ers. Five permit it during the evaluation but restrict it once funded: Alpha Capital Group, FTMO, Funded Trading Plus, Goat Funded Trader and Instant Funding. Two prohibit it throughout: FTMO Futures and Funding Pips.
| Firm | Position | Last verified |
|---|---|---|
| Alpha Capital Group | Allowed on One, Three and Swing; not once qualified on Pro; never on Direct | 27 September 2026 |
| Breakout | Permitted on every product. Trading is 24/7. | 27 September 2026 |
| FTMO Futures | Not permitted at any stage. Flat and orders cancelled by 4:10 p.m. ET every day | 6 September 2026 |
| FTMO | Not allowed once funded on Standard; allowed on Swing | 27 September 2026 |
| Funded Trading Plus | Not allowed on Instant Funding, allowed on 1-Step and 2-Step | 20 September 2026 |
| FundedNext | Allowed on every model at every stage | 27 September 2026 |
| Funding Pips | Suspended on master accounts since 29 January 2026 despite the product pages. Hard breach on Zero | 27 September 2026 |
| Goat Funded Trader | Allowed. Profit on trades opened late Friday and closed early Monday is removed on funded accounts | 27 September 2026 |
| Instant Funding | Add-on required, but five programme pages contradict this | 27 September 2026 |
| Maven Trading | Permitted on every account type, with no swap charge | 27 September 2026 |
| The 5ers | Allowed on every programme, high swaps on indices | 27 September 2026 |
Which prop firms have no minimum trading days?
As of 27 September 2026, of the 11 prop firms tracked here, three impose no minimum trading days on any programme: Breakout, FTMO Futures and Funded Trading Plus. Six impose them on some programmes only: FTMO, FundedNext, Funding Pips, Instant Funding, Maven Trading and The 5ers. Two impose them on every programme: Alpha Capital Group and Goat Funded Trader.
| Firm | Position | Last verified |
|---|---|---|
| Alpha Capital Group | 1 on Alpha One, 3 per phase on Pro, Three and Swing | 27 September 2026 |
| Breakout | None on any product. The target can be met in a single trade. | 27 September 2026 |
| FTMO Futures | None published. FTMO’s FAQ puts the practical floor at three days on Growth and two on Pro | 6 September 2026 |
| FTMO | None on 1-Step; 4 in each evaluation phase on 2-Step | 27 September 2026 |
| Funded Trading Plus | None on any programme | 20 September 2026 |
| FundedNext | 2 to 5, none on Instant | 27 September 2026 |
| Funding Pips | None to 3 per phase | 27 September 2026 |
| Goat Funded Trader | 3 to 6 valid trading days depending on model, each needing 0.5% profit to count, and the count resets after every payout | 27 September 2026 |
| Instant Funding | None on most, 3 on One-Phase and Two-Phase, 7 on One-Phase Crypto | 27 September 2026 |
| Maven Trading | 3 profitable days of 0.5% on the Two-Step, 4 on the Omo, none published on the rest | 27 September 2026 |
| The 5ers | 3 profitable days on Pro Growth and High Stakes, none stated on Hyper Growth | 27 September 2026 |
What changed recently
Firms amend rules without notice, and several publish no version history at all, so the dated archive here is often the only record that a rule ever said something different.
27 September 2026
Goat Funded Trader changed the Instant PREMIUM reward cycle from “10 days, the only account type not on the bi-weekly default” to “Every 10 days, or bi-weekly, every 14 days, for accounts purchased from 21 September 2026”. Goat Funded Trader rules · Source
27 September 2026
Goat Funded Trader changed the reward processing fee from “Bi-weekly on six of seven account types; 10 days on Instant Premium. All rewards carry a 2% processing fee” to “Bi-weekly on six of seven account types, and on Instant Premium accounts bought from 21 September 2026; every 10 days on earlier Instant Premium accounts. All rewards carry a 3% processing fee”. Goat Funded Trader rules · Source
20 September 2026
Funding Pips changed FundingPips Zero from “FX 1:50, metals 1:10, energies 1:10, indices 1:10, crypto 1:2” to “FX 1:50, metals 1:10, energies 1:10, indices 1:10, crypto 1:1”. Funding Pips rules · Source
13 September 2026
Funding Pips changed whether the Striking System applies on 2 Step Flex from “None” to “None on either bi-weekly split; 1% at every size on the monthly 100% cycle”. Funding Pips rules · Source
27 August 2026
Funding Pips changed whether Trump speeches and posts on X are named in the high-impact list from “explicitly named, recorded here on 25 August 2026” to “removed from the article on 27 August 2026, with no correction notice published”. Funding Pips rules · Source
27 August 2026
Funding Pips changed how the restricted window is defined for speech events from “not separately recorded when this page was first verified on 25 August 2026” to “10 minutes before the speech begins until 10 minutes after it concludes”. Funding Pips rules · Source
21 July 2026
FundedNext changed the Disciplined Trader Program, published by FundedNext on 21 July 2026 and added to this page on 16 September 2026 from “Not recorded on this page” to “A discretionary programme that caps risk at 1% of the initial balance, margin use at 30%, and any newly bought account at $50,000, prohibits news trading, and applies a 50/50 reward ratio to a trader who declines enrolment or violates twice. Exit at $30,000 profit plus five Performance Reward cycles.”. FundedNext rules · Source
How we check
Every firm here is re-checked against its own published pages every Sunday. Two dates appear on each firm page and they mean different things. Last verified moves every week whether or not anything changed. Rules last changed moves only when a rule actually changed, and when it does, the change is logged with the previous wording, the new wording and the source.
Where a firm’s source page cannot be reached in a given week, we keep the last known value and mark it as unverified rather than removing it or guessing. A stale value that is honestly dated is more use to you than a blank.
We take affiliate commission from some of the firms listed here. Where we do, it is disclosed at the top of that firm’s page and in our affiliate disclosure. It does not affect what is recorded: the rules come from the firm’s own pages, and a change gets logged whether or not there is a commercial relationship.
Use the data
The values we publish are available as JSON, one file per firm, with the source URL and the date we last checked it attached to every field. Values and provenance only: the written analysis stays on the page. It is licensed CC BY 4.0, so use it freely with attribution to Prop Firm Briefing. FTMO’s is at /wp-json/pfb/v1/rules/ftmo, and every firm follows the same pattern.
Rules and prices change. Confirm anything material at the firm’s own checkout before you buy.