Free Interactive Tool

Find Your Perfect Prop Firm

Answer 7 questions and get matched to the right prop firm — with honest “watch out for” notes and a personalized M·M·M challenge game plan.

What is a prop firm?

A proprietary trading firm (prop firm) provides traders with funded accounts — giving you access to capital ranging from $10,000 to $200,000 or more, without risking your own money. In exchange, you pass an evaluation challenge to prove your skills, and then share a portion of your profits with the firm (typically keeping 80–95%).

The model is straightforward: you pay a one-time challenge fee (usually $50–$550 depending on account size), demonstrate consistent profitable trading within the firm’s risk rules, and receive a funded account. If you lose money, you lose the challenge fee — not your life savings. If you succeed, you trade with their capital and keep the majority of profits.

The catch? Every firm has different rules — different drawdown limits, evaluation structures, news trading policies, profit targets, and payout schedules. Choosing the wrong firm for your trading style can mean failing challenges you’d otherwise pass. That’s exactly what this matchmaker solves.

Disclosure: We may earn a commission when you sign up through our links. This never affects your cost or our recommendation — we recommend firms we’d use ourselves, and we include caution notes that most affiliate sites hide.

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Frequently asked questions

What is a prop firm challenge?

A prop firm challenge is a simulated trading test where you prove you can trade profitably within specific risk rules — hit a profit target (usually 6–10%), stay within drawdown limits, and meet minimum trading day requirements. Pass and you receive a funded account.

How much does a challenge cost?

For a $50k account: $100–$350. For $100k: $200–$550. Some firms offer entry as low as $39 for smaller accounts. Most refund the fee on your first funded payout.

One-step vs two-step evaluation?

One-step: hit one target (8–10%) with tighter rules. Two-step: split across two phases with lower targets each and more breathing room. Our matchmaker asks your preference and filters accordingly.

Can I trade gold (XAUUSD)?

Yes — most firms include gold. But gold’s volatility means drawdown rules and leverage matter more. Some firms cap gold leverage at 1:9 to 1:30. Our matchmaker factors in gold-specific conditions.

Static vs trailing drawdown?

Static: breach level stays at starting balance minus max drawdown — never moves. Trailing: follows your highest equity upward, meaning profits raise the floor. EOD trailing only updates at market close.

Are prop firms safe?

Legitimate firms like FTMO and Topstep have paid out billions collectively. But the industry is largely unregulated — check Trustpilot reviews and payout proof before purchasing any challenge.

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