Side-by-side ruleset
Account size assumed $100k. Numbers reflect public terms — always verify on the firm's site before purchasing.
| Firm | Target (P1/P2) | Max drawdown | Daily loss | Consistency | Eval fee |
|---|---|---|---|---|---|
| FTMO | 10% / 5% | 10% static | 5% | 50% on payout | $540 ($100k) |
| FundedNext | 10% / 5% | 10% trailing | 5% | 15% rule | $549 ($100k) |
| The5%ers | 6% / 6% | 4% trailing | — | None | $260 ($100k) |
| MyFundedFX | 8% / 5% | 6% trailing | 5% | 30% rule | $499 ($100k) |
| Apex Trader Funding | Profit goal varies | Trailing (intra-trade) | — | 30% rule | $167 ($100k) |
| Topstep | $6k profit | $3k trailing | $2k | Scaling plan | $165 ($100k) |
Which ruleset is hardest?
Counter-intuitively, the firms with the lowest eval fee usually have the strictest drawdown. Trailing drawdown — where your max-loss line moves up with your equity peak — is dramatically harder than static. A 4% trailing drawdown can be tighter in practice than a 10% static one once you're a few percent into target.
The three rules that decide pass rate
- Drawdown type. Static (FTMO) vs trailing (FundedNext, The5%ers, MyFundedFX) vs trailing-intratrade (Apex). Each behaves differently.
- Daily loss cap. Lower caps force smaller position sizing, which lengthens time-to-target and amplifies path dependency.
- Consistency rule. Caps the % of total profit any single day can represent. If you have one big day, you can pass the target and still be denied at payout.
Stop comparing fees. Compare expected value.
A $260 eval with a 12% pass rate is worse than a $540 eval with a 35% pass rate. PropFirmBacktester gives you both numbers — pass probability and expected cost-per-funded-account — for any firm you configure.