Are prop firms legit? Evidence for 52 firms
Of the 52 prop firms we track, 15 have a strong public track record, 24 moderate and 13 limited, on six points we can check from outside. 39 firms show a firm-wide payout total on their homepage. None of this is an audit; it tells you how much public evidence exists before you pay.
Evidence levels
| Firm | Evidence | Points | Reported payouts | Trustpilot | Since | PA Score |
|---|---|---|---|---|---|---|
| FTMO | Strong | 6/6 | $650M+ | 4.8 (55,121) | 2015 | 8.1 |
| FundingPips | Strong | 5/6 | $326M+ | 4.5 (70,946) | 2022 | 8.0 |
| FundedNext | Strong | 5/6 | $306.9M+ | 4.5 (82,278) | 2022 | 7.5 |
| Lucid Trading | Strong | 5/6 | $700M+ | 4.5 (8,440) | 2024 | 7.5 |
| The5ers | Strong | 4/6 | Not published | 4.7 (40,518) | 2016 | 8.7 |
| Breakout Prop | Strong | 4/6 | $80M+ | 4.7 (1,231) | Not published | 8.1 |
| MyFundedFutures | Strong | 4/6 | $300M+ | 4.9 (22,577) | Not published | 7.9 |
| Top One Futures | Strong | 4/6 | $31.1M+ | 4.8 (5,282) | Not published | 7.8 |
| Earn2Trade | Strong | 4/6 | Not published | 4.5 (5,059) | 2016 | 7.7 |
| FXIFY | Strong | 4/6 | $40M+ | 4.3 (6,550) | Not published | 7.7 |
| Tradeify | Strong | 4/6 | $350M+ | 4.5 (6,467) | Not published | 7.6 |
| TradeDay | Strong | 4/6 | $10M+ | 4.6 (1,453) | 2020 | 7.4 |
| E8 Markets | Strong | 4/6 | $80M+ | Not published | 2021 | 6.9 |
| Alpha Capital | Strong | 4/6 | $100M+ | Not published | 2021 | 6.4 |
| Audacity Capital Caution | Strong | 4/6 | $250M+ | Not published | 2012 | 4.0 |
| City Traders Imperium | Moderate | 3/6 | Not published | 4.3 (1,636) | 2018 | 8.4 |
| Hola Prime | Moderate | 3/6 | $10M+ | 4.5 (4,120) | Not published | 7.6 |
| Take Profit Trader | Moderate | 3/6 | Not published | 4.4 (11,068) | Not published | 7.3 |
| Finotive Funding | Moderate | 3/6 | $24M+ | Not published | 2021 | 7.3 |
| Fintokei | Moderate | 3/6 | $13.1M+ | 4.3 (1,417) | 2022 | 7.2 |
| Apex Trader Funding | Moderate | 3/6 | Not published | 4.2 (21,430) | 2021 | 6.8 |
| Funded Trading Plus | Moderate | 3/6 | $19.5M+ | Not published | 2021 | 6.8 |
| Topstep | Moderate | 3/6 | $1.5B+ | 3.7 (14,989) | 2012 | 6.4 |
| FTUK | Moderate | 3/6 | $12M+ | 3.8 (791) | 2021 | 6.4 |
| Alpha Futures Caution | Moderate | 3/6 | Not published | 4.3 (6,242) | Not published | 4.0 |
| Goat Funded Trader | Moderate | 2/6 | $30M+ | Not published | 2022 | 7.2 |
| HyroTrader | Moderate | 2/6 | $8M+ | 4.0 (228) | 2023 | 6.7 |
| Ment Funding | Moderate | 2/6 | Not published | 4.5 (233) | 2021 | 6.7 |
| For Traders | Moderate | 2/6 | $10M+ | Not published | 2023 | 6.5 |
| BrightFunded | Moderate | 2/6 | $17M+ | Not published | 2023 | 6.2 |
| The Trading Pit | Moderate | 2/6 | $18M+ | Not published | Not published | 6.1 |
| ThinkCapital | Moderate | 2/6 | $5M+ | Not published | Not published | 6.1 |
| Elite Trader Funding | Moderate | 2/6 | $13M+ | 3.8 (1,166) | 2022 | 6.0 |
| Crypto Fund Trader | Moderate | 2/6 | $21.8M+ | Not published | Not published | 5.6 |
| QT Funded Caution | Moderate | 2/6 | $17M+ | 3.5 (13,369) | 2023 | 4.0 |
| AquaFunded Caution | Moderate | 2/6 | $8.5M+ | Not published | 2023 | 4.0 |
| Funding Traders Caution | Moderate | 2/6 | $8M+ | Not published | 2023 | 4.0 |
| Phidias Propfirm Caution | Moderate | 2/6 | $15M+ | Not published | Not published | 4.0 |
| FunderPro Caution | Moderate | 2/6 | $22M+ | Not published | 2023 | 4.0 |
| Bulenox | Limited | 1/6 | Not published | 4.7 (1,826) | Not published | 7.9 |
| DayTraders.com | Limited | 1/6 | Not published | 4.6 (517) | 2023 | 7.4 |
| Lark Funding | Limited | 1/6 | $1M+ | 4.3 (517) | 2022 | 7.2 |
| FundedXyz | Limited | 1/6 | $6.6M+ on-chain | 4.5 (14) | Not published | 6.9 |
| Mubite | Limited | 1/6 | Not published | Not published | Not published | 6.9 |
| Fondeo | Limited | 1/6 | $1M+ | 4.3 (7) | Not published | 6.8 |
| Blue Guardian | Limited | 1/6 | $35M+ | Not published | Not published | 6.7 |
| Propr | Limited | 1/6 | $3.5M+ | 4.4 (68) | 2026 | 6.5 |
| Atlas Funded | Limited | 1/6 | $2.1M+ | 3.9 (2,075) | 2024 | 6.5 |
| Maven Trading | Limited | 1/6 | Not published | Not published | 2022 | 6.3 |
| Bitfunded | Limited | 1/6 | Not published | Not published | 2023 | 6.0 |
| Instant Funding | Limited | 1/6 | Not published | Not published | 2021 | 6.0 |
| PropW | Limited | 1/6 | $1.7M+ | Not published | 2024 | 5.7 |
How the six points work
- 2 points: Trustpilot 4.3+ from 5,000+ reviews (1 point: 4.0+ from 1,000+)
- 2 points: firm reports $50M+ paid to traders on its homepage (1 point: $5M+)
- 1 point: operating 5+ years (founding year published)
- 1 point: publishes 85%+ of the rule fields we track
Strong = 4 to 6 points, moderate = 2 to 3, limited = 0 or 1. Reported payout totals are the firms' own marketing figures, read from their homepages on 31 Oct 2026. A limited level often just means a young firm or one that publishes less; it is not an accusation.
Signs a prop firm deserves caution
- Rules that are vague about what voids a payout ("gambling", "abuse") without examples
- Payout terms that changed shortly before a wave of denials: check our changelog dates
- No company name or address in the terms
- Payment requested to a personal wallet or account
- Reviews that are all five stars within a few weeks
FAQ
Which prop firms are legit?
Of the 52 prop firms we track, 15 have a strong public track record, 24 moderate and 13 limited, on six points we can check from outside. 39 firms show a firm-wide payout total on their homepage. None of this is an audit; it tells you how much public evidence exists before you pay.
Do prop firms actually pay out?
39 of the 52 firms we track publish a payout total; the largest is Topstep ($1.5B+ paid out to prop firm traders). These are the firms' own figures.
Are prop firms regulated?
Generally no. Most sell evaluations on simulated accounts and are not licensed as brokers. Treat any regulation claim as something to check on the regulator's register.