In the prop trading industry, rules can vary significantly from one firm to another, depending on their risk management policies.
While there are some well-known common rules, such as restrictions on the use of Expert Advisors (EAs), High-Frequency Trading (HFT), latency arbitrage, and any trading activity that exploits platform inefficiencies, there are also firm-specific rules that traders need to consider.
Through extensive research into the terms and conditions of all listed prop trading firms, we have identified some major key rules that you should be aware of before joining any of these funded programs.
Updated on: July 6, 2025
To maintain a fair and secure trading environment, DP Funded has established specific rules and guidelines. Below is an overview of the most pertinent information:
DP Funded explicitly prohibits certain trading behaviors to ensure integrity across its trading ecosystem:
Expert Advisor (EA) accounts have their own set of strict conditions:
Maximum lot sizes are enforced based on account size. If you exceed the limit, trades may be forcibly closed and profits forfeited:
Note: The combined number of open and pending orders across MT4/MT5 must not exceed 1,500 total.
DP Funded includes a built-in economic calendar showing high-impact, three-star news events by source country. However, traders must remain aware of sudden statements or global news, which may not be pre-listed but are still relevant for compliance.
DP Funded does not restrict trade duration, provided trades follow all fair usage policies. However, opening or closing trades within the 2-hour Friday window before close — or during the first 2 hours of Monday’s open — is strictly forbidden. The system will automatically close trades, and any losses will be the trader’s responsibility.
Adhering to these rules and guidelines is essential for maintaining your account standing with DP Funded. Violations may result in trade reversal, account deactivation, forfeiture of profits, or permanent disqualification. For the most accurate and current policies, please refer to DP Funded’s official FAQ.
Updated on: March 10, 2025
To maintain a fair and secure trading environment, Exclusive Funded has established specific rules and guidelines. Below is an overview of the most pertinent information:
Exclusive Markets strictly forbids trading practices that exploit the simulated trading environment or deviate from real-market conditions. Such prohibited strategies include:
Engaging in these strategies may result in trade reversals, account restrictions, or termination.
Trading on challenge accounts during high-impact news is permitted. Clients are restricted from opening and closing any trade 4 minutes before and 4 minutes after the news only on Funded Accounts. This includes both Market Execution and opening/closing Pending Orders (including take profit and stop loss).
Exclusive Markets prohibits trading behaviors that resemble gambling or reckless betting, including:
Traders engaging in these practices may face warnings, trade restrictions, resets, or account termination.
Violations of Exclusive Markets' trading rules can lead to account breaches, resulting in the inability to continue trading on the account.
Adhering to these guidelines is crucial for maintaining account eligibility. For the most detailed and up-to-date information, refer to Exclusive Markets’ official Terms of Service and FAQ section.
Updated on: March 9, 2025
To maintain a fair and secure trading environment, FXIFY has established specific rules and guidelines. Below is an overview of the most pertinent information:
FXIFY strictly forbids trading practices that exploit the simulated trading environment or deviate from real-market conditions. Such prohibited strategies include:
Engaging in these strategies may result in trade reversals, account restrictions, or termination.
FXIFY permits news trading across its account types. However, traders should be aware of the potential risks associated with high-impact news events and ensure they have appropriate risk management strategies in place.
FXIFY prohibits trading behaviors that resemble gambling or reckless betting, including:
Traders engaging in these practices may face warnings, trade restrictions, resets, or account termination.
Violations of FXIFY's trading rules can lead to account breaches, resulting in the inability to continue trading on the account.
Adhering to these guidelines is crucial for maintaining account eligibility. For the most detailed and up-to-date information, refer to FXIFY’s official Terms of Service and FAQ section.
Updated on: February 10, 2025
To maintain a fair and secure trading environment, Maven Trading has established specific rules and guidelines. Below is an overview of the most pertinent information:
To ensure market integrity, Maven Trading prohibits the following behaviors:
Engaging in any of these prohibited practices can lead to account termination and forfeiture of any profits.
Maven Trading is committed to promoting safe and responsible trading. The company discourages actions resembling excessive risk-taking and gambling behaviors. Traders are expected to:
To promote stable and sustainable trading, Maven Trading implements consistency rules:
Maven Trading advises traders to adhere to prudent risk management practices:
Adhering to these rules and guidelines is essential for maintaining your account's standing with Maven Trading. Engaging in prohibited practices can lead to actions ranging from warnings to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to Maven Trading's official Terms & Conditions and FAQ Section on their website.
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Updated on: February 8, 2025
To maintain a fair and secure trading environment, FundedNext has established strict trading rules. Below is an overview of the most important guidelines.
FundedNext prohibits any trading strategies that exploit the platform, manipulate market conditions, or deviate from real trading environments. The following trading strategies are strictly forbidden:
Violations of these rules may lead to trade reversals, warnings, account restrictions, or termination.
FundedNext’s news trading policy varies depending on the challenge type:
Violating the news trading policy may result in account termination or penalties.
FundedNext prohibits trading behavior that resembles gambling or exposes accounts to excessive risk:
Traders engaging in these practices may receive warnings, have their trades removed, or face account termination.
Adhering to these guidelines is crucial for maintaining account eligibility. Violations can lead to penalties, trade removals, or complete account suspension. For the most up-to-date and detailed information, refer to FundedNext’s official Terms of Service and FAQ section.
Updated on: February 1, 2025
To maintain a fair and secure trading environment, ThinkCapital has established specific rules and guidelines. Below is an overview of the most pertinent information:
ThinkCapital strictly forbids trading practices that exploit the simulated trading environment or deviate from real-market conditions. Such prohibited strategies include:
Engaging in these strategies may result in trade reversals, account restrictions, or termination.
ThinkCapital's news trading policy depends on the account type:
ThinkCapital prohibits trading behaviors that resemble gambling or reckless betting, including:
Traders engaging in these practices may face warnings, trade restrictions, resets, or account termination.
Adhering to these guidelines is crucial for maintaining account eligibility. Violations can lead to restrictions, removal of trades, or account termination. For the most detailed and up-to-date information, refer to ThinkCapital's official Terms of Service and FAQ section.
Updated on: February 1, 2025
To maintain a fair and secure trading environment, Fintokei has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:>
To ensure market integrity, Fintokei prohibits the following behaviors:
Fintokei is committed to promoting safe and responsible trading. The company discourages actions resembling excessive risk-taking and gambling behaviors. Traders are expected to:
To promote stable and sustainable trading, Fintokei implements consistency rules:
Fintokei advises traders to adhere to prudent risk management practices:
Adhering to these rules and guidelines is essential for maintaining your account's standing with Fintokei. Engaging in prohibited practices can lead to actions ranging from warnings to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to Fintokei's official Terms & Conditions and Help and Knowledge Base.
Updated on: February 1, 2025
To maintain a fair and secure trading environment, FunderPro has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:
To ensure market integrity, FunderPro prohibits the following behaviors:
FunderPro's policy on trading during news events varies by account type:
Traders can view restricted news events under Section 10 of the Terms & Conditions or join FunderPro's Discord server, where restricted news for each week is posted in the ##restricted-news channel.
To promote stable and sustainable trading, FunderPro implements a Consistency Rule during the challenge phases:
FunderPro sets a limit on the total initial capital across all your accounts:
To ensure active participation, FunderPro enforces an inactivity policy:
Adhering to these rules and guidelines is essential for maintaining your account's standing with FunderPro. Engaging in prohibited practices can lead to actions ranging from the removal of conflicting positions to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to FunderPro's official Terms & Conditions and Help and Knowledge Base.
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Updated on: February 1, 2025
To maintain a fair and secure trading environment,FTMO has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:
Traders are permitted to use various trading strategies, provided they align with legitimate trading practices and do not exploit system errors or delays. It's essential to avoid strategies that could harm FTMO’s services or misuse the Evaluation Process and/or FTMO Account. For detailed information on acceptable instruments and strategies, please refer to FTMO’s guidelines.
FTMO explicitly prohibits certain trading behaviors to ensure market integrity:
For a comprehensive list of prohibited practices, please review FTMO’s Terms & Conditions, specifically Clause 5.4.
FTMO requires that all trading activities reflect genuine market conditions. Traders must not use practices that contradict the functioning of a real market. This ensures that trading strategies are legitimate and do not interfere with standard market operations.
Consistency is crucial for long-term success. FTMO evaluates traders based on their ability to maintain consistent trading behaviors and results. While the Consistency Score is currently informative and does not affect the outcome of the Evaluation Process, it highlights the importance of disciplined and steady trading practices.
FTMO has specific guidelines regarding trading during news events and holding positions overnight or over weekends:
FTMO has a maximum capital allocation limit when you are an FTMO Trader, which is $400,000 (prior to scaling) per trader or strategy, at any given time.
Equivalent limits are in place for other currencies – €320,000; £280,000; CAD 480,000; AUD 520,000; CHF 320,000 or CZK 8,000,000.
These limits are in place due to risk mitigation & diversification measures.
Please be careful not to get multiple accounts through various registrations as this is not permitted. If FTMO discovers identically traded strategies through various accounts, and exceeding the total of fictitious $400,000 in active FTMO Accounts, they reserve the right to suspend those accounts as per the contract.
Adhering to these rules and guidelines is essential for maintaining your account's standing with FTMO. Engaging in prohibited practices can lead to actions ranging from the removal of conflicting positions to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to FTMO’s official FAQ and Terms & Conditions.
Updated on: February 1, 2025
To maintain a fair and secure trading environment,The5%ers has established specific rules and guidelines, including certain prohibited practices. Below is an overview of the most pertinent information:
Minimum Profitable Days: Traders participating in the High Stakes program must achieve a minimum of 3 profitable days to pass the evaluation. A profitable day is defined as one where the closed positions yield a positive profit of at least 0.5% of the initial balance.
To ensure market integrity and responsible trading, The5%ers prohibits the following practices:
The5%ers emphasizes the importance of effective risk management:
Instant Funding (Hyper-Growth) & Bootcamp:
High Stakes Program:
Adhering to these rules and guidelines is essential for maintaining your account's standing with The5%ers. Engaging in prohibited practices can lead to actions ranging from the removal of conflicting positions to the termination of the account and cessation of cooperation. For the most detailed and up-to-date information, please refer to The5%ers' official FAQs.
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