Frequently Asked Questions
Everything you need to know about futures prop firms and our platform
What is a futures prop firm?
A prop firm (proprietary trading firm) provides traders with capital to trade futures contracts. The trader operates with the firm's capital, keeps an agreed share of profits (profit split), and is not personally liable beyond the defined drawdown limit.
What is an evaluation program?
In an evaluation program, a trader must pass one or more challenge phases (e.g., reach a profit target while respecting drawdown rules) before receiving a funded account. The fee for the evaluation is the purchase price of the program.
What is drawdown?
Drawdown refers to the maximum loss an account may sustain. 'Static drawdown' is based on the original balance. 'Trailing drawdown' follows the account equity upward — if the equity falls below the trailing limit, the account is closed.
What is the difference between static and trailing drawdown?
With static drawdown, the absolute loss limit is fixed (e.g., 10% of starting capital). With trailing drawdown, the limit moves with the account high-water mark: growing from $100,000 to $110,000 with a 10% trailing drawdown means the new floor is $99,000 — not $90,000. This is generally more challenging for traders.
What is profit split?
Profit split indicates what percentage of profits the trader keeps. An 80% split means the trader keeps 80% of profits; 20% goes to the prop firm. Typical values range from 70% to 90%.
What are minimum trading days?
Some prop firms require traders to be active on a minimum number of days before a payout can be requested or an evaluation can be passed. For example, 5 days means positions must have been opened on at least 5 trading days.
Is the data on this platform up to date?
We aim to keep all data as current as possible. Each entry shows the date of last verification. Entries without recent verification are marked as 'Verification Pending'. Despite careful research, we recommend confirming terms directly with the provider before making any decision.
Where does the data on this platform come from?
All data comes from verified sources: official provider websites, direct email communications, or manual input by our research team. Each data field is linked to its source, viewable in the sources section of the product page.
How often is data updated?
Our automated crawling system checks relevant provider pages daily for changes. Detected changes are manually reviewed and approved by our team before being published.
Are there affiliate links or paid advertising on this platform?
No. Best of Prop Firm is an ad-free, independent research platform. There are no affiliate links, no paid placements, and no financial relationships with the listed providers. Product rankings are based solely on objective criteria.
Can I report a correction or a missing provider?
Yes! Use our contact form or write to info@bestofpropfirm.com. Corrections and tips on new providers are reviewed by our team and, if verifiable, added to the database.
What does the status 'Not Verified' mean?
A product marked 'Not Verified' has not been confirmed by our most recent review cycle. The data may be outdated. We recommend verifying all information directly with the provider before making a purchase decision.