State of prop firm rules
What the rules of 15 prop firms look like taken together, futures next to forex. Built from the rules we check every day, current as of Nov 11, 2026.
What stands out
- The max loss follows your account's peak at 24 of 25 futures challenges (22 of them at the day's close), and at 3 of 25 forex challenges.
- A daily loss limit applies at 24 of 25 forex challenges and 8 of 25 futures challenges. At futures firms all 8 only end the trading day; at forex firms 23 of 24 fail the account.
- A consistency rule stands between you and passing at 16 of 25 futures challenges (typical limit 50% of profit from one day), against 1 of 25 forex challenges.
- News trading gets stricter after you pass at 15 of 47 programs, at Alpha Futures, Blue Guardian, FTMO, FundedNext, Maven Trading, My Funded Futures and Take Profit Trader, and gets looser at none.
- Forex challenges ask for a typical 10% target against 8% max loss; futures challenges 6% against 4%.
- 19 rule changes at 8 of 15 firms in the last 30 days.
Futures and forex, rule by rule
25 futures challenges at 7 firms and 25 forex challenges at 8 firms, first phase. Payout rows are from 29 and 33 funded accounts.
| Rule | Futures | Forex & CFD |
|---|---|---|
| Profit target (typical) | 6%of the account | 10%of the account |
| Max loss (typical) | 4%of the account | 8%of the account |
| Target ÷ max loss (typical) | 1.5×profit needed per $1 you may lose | 1.0×profit needed per $1 you may lose |
| Max loss follows the account's peak | 96%24 of 25 challenges | 12%3 of 25 challenges |
| Daily loss limit | 32%8 of 25; 8 only end the day | 96%24 of 25; 1 only ends the day |
| Consistency rule to pass | 64%16 of 25, typical limit 50% | 4%1 of 25, limit 50% |
| Minimum trading days | 36%9 of 25 | 24%6 of 25 |
| News trading allowed (challenge) | 76%19 of 25, without limits | 40%10 of 25, without limits |
| News trading allowed (funded) | 45%13 of 29 funded accounts | 12%4 of 33 funded accounts |
| Profit split (typical) | 90%funded accounts | 80%funded accounts |
| Consistency rule for payouts | 45%13 of 29, typical limit 40% | 24%7 of 29, typical limit 20% |
| Cap on each payout | 66%19 of 29 funded accounts | 30%10 of 33 funded accounts |
Rule changes in the last 30 days
19 changes at Blue Guardian, Blueberry Funded, FundingPips, Goat Funded Trader, Lucid Trading, Maven Trading, My Funded Futures and Topstep.
- 8 Trading rules
- 7 Payouts
- 2 Programs
- 1 Consistency
- 1 Max loss
Every change, dated and sourcedFree email when the firms you pick change a rule, on the same page.
How these numbers are made
- Each program counts once, at 50K or the nearest size the firm sells, so a firm with ten account sizes doesn't outweigh one with two. "Typical" is the median.
- Challenge rows use the first evaluation phase, the one every trader has to pass; instant funding accounts are left out of them. Payout rows use the funded accounts.
- "Allowed" news trading means no window or limit around releases; firms with limits count as not allowed here.
- The5ers says some funded accounts have a payout consistency rule without saying which, so it is left out of that row.
- Every value comes from the firms' own pages, linked on each firm page. The page updates itself when a rule changes. We track 15 firms, so these are the rules of those firms, not of every prop firm.
- You may quote or chart these numbers with a link to this page. Questions or corrections: hello@propruleguard.com.
Monthly snapshots
At the end of each month these numbers are kept as they stood, so you can see how the rules move. The first snapshot appears here once November 2026 is over.
Questions
Do futures or forex prop firms have stricter rules?
They are strict in different places. Of 25 futures challenges, 24 have a max loss that follows the account's peak, 16 a consistency rule to pass and 8 a daily loss limit (8 of which only end the day). Of 25 forex challenges, 3 have a trailing max loss, 1 a consistency rule to pass and 24 a daily loss limit (23 of which fail the account). The typical target is 6% at futures firms and 10% at forex firms.
What is a typical prop firm profit target and max loss?
Among the challenges we track, the typical futures challenge asks for 6% of the account with a 4% max loss, and the typical forex challenge for 10% with 8%. Those are medians of each program's first phase at 50K, or the nearest size it sells.
How often do prop firms change their rules?
We logged 19 rule changes at 8 of the 15 firms we track in the last 30 days. Every change is listed with its date and the firm's own page on our rule changes page.