Prop Firm TOS Comparison Matrix: 11 Firms Evaluated

Standard industry language, but they generally grandfather active accounts.

Clear payout structure; one of the most reliable in the industry.

Very clearly defined rules, little ambiguity compared to offshore firms.

EOD Trailing Drawdown is standard and fair.

Strict news restrictions, but transparently automated.

50% rule in Combine; relatively fair but must be managed.

No history of retroactive payout denials for technicalities.

Based in Illinois, US jurisdiction.

Clear, rule-based termination policies.

Standard data usage clauses.

Can modify rules, usually give notice via Discord.

Frequent payouts, but recent delays and strict review periods noted.

Broad "gaming" definitions have been used during payout reviews.

Offers both EOD and Intraday; Intraday trailing is high risk.

Trading during news is fully allowed.

Strict 30% consistency rule enforced tightly at payout.

Known to audit trading history retroactively during payout requests.

US-based company.

Has invoked "sole discretion" terminations in the past.

Standard industry language.

Standard terms.

Excellent payout reputation and transparency.

Clearly defined limits without "gotcha" clauses.

EOD Drawdown ensures unrealized profits don't penalize you.

Platform auto-liquidates before news; no longer a hard fail.

30% consistency rule is standard.

No pattern of retroactive denials.

Based in the US.

Fair, rule-driven termination policy.

Standard data clauses.

Standard modification clauses.

Very reliable payout process, clear guidelines.

Standard anti-gaming language.

Rapid accounts use intraday trailing (high risk); Flex uses EOD (good).

Must close 2 min before/after Tier 1 news.

Rapid accounts have no consistency rule in the funded stage.

Standard compliance review at payout.

Based in US, but standard arbitration clauses.

Standard termination clauses.

Standard usage.

Standard terms of service modification rights.

Growing payout history, clear terms.

Standard definitions of prohibited trading.

EOD drawdown on Straight To Sim Funded accounts.

No restrictions on trading the news.

No consistency rules.

Standard review process.

US-based entity.

Standard language.

Standard.

Standard right to modify terms.

Reliable, but payouts require minimum active days.

Some vague "gaming" language present.

Offers EOD and Static options.

News trading is permitted.

40% best day rule (legacy); 23% active day rule on newer accounts.

Standard payout audits.

US-based entity.

Standard terms.

Standard.

Standard modification rights.

Clear guidelines.

Standard anti-arbitrage language.

EOD drawdown available.

Allowed, but check specific asset class restrictions.

Standard limits.

Standard review.

US operations.

Standard terms.

Standard.

Standard terms.

Unique PRO firm setup designed for easy withdrawals.

Standard language.

EOD drawdown available.

Permitted on certain account types.

No consistency rules.

Standard audits.

US-based.

Standard terms.

Standard.

Standard right to modify.

Standard payout terms.

Standard terms.

Intraday options are higher risk.

Standard restrictions.

Standard limits.

Standard review.

US-based.

Standard terms.

Standard.

Now aligns with Topstep TOS.

Backed by Topstep.

Clear rules via Topstep.

EOD Trailing.

Same as Topstep.

Same as Topstep.

Topstep compliance team.

US-based (Illinois).

Fair terms.

Standard.

Standard terms.

Standard.

Standard language.

Various options available.

Standard restrictions.

Standard.

Standard review.

US-based.

Standard terms.

Standard.