Fondeo vs PropW
Rule-by-rule comparison from each firm's own website, last verified . The marked figure is the stronger one on that line.
Quick take
- Cheaper entry: PropW ($15 vs $49).
- Faster payout cycle: Fondeo (Daily / on demand).
- Overall PA Score: Fondeo 6.8 vs PropW 5.7.
Fondeo stronger on 4PropW stronger on 5of 10 lines where both publish a comparable figure
| Fondeo6.8 PA Score | PropW5.7 PA Score | |
|---|---|---|
| PA Score | 6.8 (stronger figure) | 5.7 |
| Trustpilot | 4.37 | No rating65 |
| Founded | Not published | 2024 (stronger figure) |
| HQ | Sheridan, Wyoming, USA | Dubai, United Arab Emirates |
| Markets | Crypto | Crypto, Stocks, Commodities (stronger figure) |
| Challenge types | 1-step, 2-step | 1-step, 2-step |
| Entry fee from | $49 | $15 (stronger figure) |
| Cost per $1K allocation | $3 (stronger figure) | $7.98 |
| Largest account | $200K (stronger figure) | $100K |
| Profit target | 10% | 5% + 10% (2-step) / 10% (1-step) |
| Daily loss limit | 4% | 5% (2-step) / 4% (1-step) (stronger figure) |
| Max drawdown | 6% | 10% (8% on 50K/100K) 2-step / 6% 1-step (stronger figure) |
| Drawdown type | static max loss; daily loss trailing from intraday equity high | static |
| Profit split | 70% up to 90% | 80% up to 90% |
| Leverage | up to 1:100 | Up to 5x on all assets |
| Platforms | Bybit, Fondeo Terminal, TradingView | PropW web terminal, PropW mobile app (iOS/Android), TradingView charts |
| Payout frequency | On demand (daily possible); first payout 1 calendar day after first funded trade; must withdraw once profit hits 5% cap | Every 14 calendar days; first withdrawal 14 days after the funded/training account is activated |
| First payout (days) | 1 (stronger figure) | 14 |
| Min trading days | 10 | 3 |
| Consistency rule | Evaluation only: no single day >40% of total profit; also min 50% win rate in evaluation. Not applied on funded accounts. | Best day ≤45% (2-step) / ≤40% (1-step) of cumulative net profit, checked at each withdrawal request |
| News trading | Restricted | Allowed |
| Weekend holding | Allowed | Allowed |
| Discount code | Not published | Not published |
| Visit site (opens Fondeo in a new tab) | Visit site (opens PropW in a new tab) |
Not published means we could not find the figure on the firm's own site. Sources are listed on each firm page.
Which should you choose?
Fondeo scores 6.8/10 and PropW 5.7/10, a wide gap. Both are crypto exchange prop firms, so the rule differences below are like for like. Which one is better depends on how you trade, so here is who each firm suits, based only on what they publish.
Pick Fondeo if
- you care about cost per $1K of account ($3 vs $7.98)
- you want a faster payout cycle (daily / on demand)
- you need Bybit and TradingView
Pick PropW if
- you want the cheaper way in ($15 vs $49 for the smallest account)
- you trade high-impact news
- you need TradingView charts
- you want the longer track record (operating since 2024)
Price at each account size
Cheapest program each firm sells at the sizes both offer.
| Account | Fondeo | PropW |
|---|---|---|
| $5K | $49 | $69 |
| $10K | $159 | $99 |
| $25K | $299 | $299 |
| $50K | $150 | $399 |
| $100K | $300 | $799 |
Payouts
Fondeo: On demand (daily possible); first payout 1 calendar day after first funded trade; must withdraw once profit hits 5% cap. First payout after 1 days. Methods: USDT, USDC. The firm reports "$1M+ Total Rewarded" (homepage, checked 31 Oct 2026).
PropW: Every 14 calendar days; first withdrawal 14 days after the funded/training account is activated. First payout after 14 days. Methods: USDT. The firm reports "Total Rewards $1.66M+" (homepage, checked 31 Oct 2026).
Firm-reported payout totals are the firms' own figures. We have not audited them.
Rule changes
No rule changes logged for either firm since tracking began. Any change will show here and on the rule-change log.
Legit check
Track record, review volume, payout terms and restrictions for each firm, on one page each: Is Fondeo legit? · Is PropW legit?
FAQ
Which is cheaper, Fondeo or PropW?
Smallest published entry fee: Fondeo $49, PropW $15. Cheapest per $1K of account: Fondeo $3, PropW $7.98.
Which pays out faster, Fondeo or PropW?
Fondeo: On demand (daily possible); first payout 1 calendar day after first funded trade; must withdraw once profit hits 5% cap. PropW: Every 14 calendar days; first withdrawal 14 days after the funded/training account is activated.
Which has the higher profit split?
Fondeo: 70% up to 90%; PropW: 80% up to 90%. Headline splits often need scaling or an add-on.
Which is better for beginners, Fondeo or PropW?
On our six-point beginner checklist Fondeo meets 4 and PropW meets 4. The checklist is explained on the best prop firms for beginners page.
Are Fondeo and PropW legit?
Both publish their rules and are listed with sources. See the evidence pages: propanalyse.com/firms/fondeo/legit/ and propanalyse.com/firms/propw/legit/.