Prop firms
FTMO vs Tradeify: fees, rules and payouts compared
Side by side, from each firm’s own pages. “Not published” means the firm does not state it where we could verify it.
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| Programme | FTMO FTMO Challenge 1-Step | FTMO FTMO Challenge 2-Step | Tradeify Select $50K |
|---|---|---|---|
| Market | Forex & CFDs | Forex & CFDs | Futures |
| Account size | $100,000 | $100,000 | $50,000 |
| Evaluation fee | EUR 499 | EUR 540 | Not published |
Profit target — explain simplyProfit target The profit an evaluation account must reach, without breaking any rule, to pass that phase.Example: $50,000 account with a 6% target: you must make $3,000.Watch out: Reaching the target does not override other rules such as minimum trading days.More plain-language terms | 10% | 10% Challenge phase, 5% Verification phase | 6% |
Daily loss limit — explain simplyDaily loss limit The most an account may lose within one trading day. Breaching it usually fails the account or ends trading for the day.Example: $100,000 starting balance, 5% daily limit: a $5,000 loss in one day (often including open losses) breaches it.Watch out: Firms differ on whether it is measured from the day's starting balance or equity, and when the day resets.More plain-language terms | 3% of initial capital, reset daily at 00:00 CE(S)T | 5% of initial simulated capital, reset daily at 00:00 CE(S)T | Not published |
Max drawdown — explain simplyDrawdown How far an account has fallen from a previous high point. A 'maximum drawdown' rule sets how far the balance may fall before the account fails.Example: An account peaks at $10,500 and falls to $9,800: the drawdown from that peak is $700 (about 6.7%).Watch out: Prop firms measure drawdown differently (static, trailing, end-of-day). Read the exact rule.More plain-language terms | 10%, end-of-day trailing; limit can only rise End-of-day trailing | 10% of initial capital (static; $90,000 floor on $100K) Static | Not published End-of-day trailing |
Minimum days — explain simplyMinimum trading days The fewest separate days you must trade before passing or requesting a payout, even if the target is reached sooner.More plain-language terms | Not published | 4 trading days | 3 |
Profit split — explain simplyProfit split The share of eligible profits a funded trader receives under the firm's payout rules.Example: An 80% split on $2,000 of eligible profit is $1,600 to the trader, before any payout conditions.Watch out: Payout timing, minimums and eligibility rules matter as much as the percentage.More plain-language terms | 90% of simulated profits | Up to 90% of simulated profits | 90% |
| Payouts | Fee is not refunded | Fee refunded with first reward withdrawal | Funded: choose daily or 5-day payouts; no funded consistency rule |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView (via OANDA broker profile) | MetaTrader 4, MetaTrader 5, cTrader, TradingView (via OANDA broker profile) | Tradovate, WealthCharts, Tradesea |
Reset / retry — explain simplyReset Restarting a prop evaluation from the original balance and rules, usually for a fee, after failing or to start over.Watch out: Repeated resets add up — count them in the true cost of a programme.More plain-language terms | Not published | Not published | Reset available after failed evaluation |
| Checked | 2026-10-08 · source | 2026-10-08 · source | 2026-10-08 · source |
About this data. Every rule and price is taken from the firm's own website on the date shown, with a link to the page. Firms change their rules often — confirm on the official page before you pay. “Not published” means we could not find the value on an official page; we never estimate it. Order is by your filters or alphabetical, never by commission. Prop-firm evaluations are paid products; most traders do not pass, and a funded account is not a guarantee of income.