Analysis
FTMO’s new Instant account has some of the best instant funding rules on the market, with a 10% max loss, a 30% consistency rule and balance-based trailing. But at about $1,676 for a $50,000 account, it costs nearly 4.5 times Tradeify FX’s Direct account with code TPJ.
My Funded Futures Studio and My Funded Perps Elite bring a static drawdown that never moves, even after a payout. But at $140 for $500 of drawdown, you pay about 4 times more per dollar than Topstep’s $50K Static.
Tradeify’s new Level Up Forge drop offers up to $35,000 for $80, with static drawdown at every level. The first payout is realistic, but the later levels are very unlikely to be reached.
Topstep has launched a new $1.5K Labs Challenge for $39, but the lower payout and two-micro contract limit make it a clear downgrade from the previous $3K Challenge.
Topstep’s $3K Challenge offered a $3,000 payout for just $49. Here’s how it worked, how difficult it was, and whether it offered good value.
E8 markets have just released pass rate stats for their prop firm challenges. But the…
Learn how to calculate the value for money of a prop firm challenge using the Effective True Drawdown Multiplier formula!
Excessively easy prop firm challenges could be a double-edged sword, leading to problems for both the firm and the trader.
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