Prop Firm Rules to Check Before Buying

The purchase checklist

Same nominal size, different loss allowance

My Funded Futures’ Builder guide lists two 50K options with different fees and maximum-loss allowances. The cheaper purchase is a different risk constraint. Compare the named option, rather than the account label alone.

A recurring fee can outlast a failed account

Topstep’s official subscription documentation says billing continues until passing or cancellation. Include the expected number of paid periods in your comparison.

Rules by firm and product

Bulenox

• Qualification Option1 drawdownOption 1 tracks the highest real-time account equity, including unrealized profit and commissions. The loss threshold can rise with new highs and never moves downward.Official source ↗
• Qualification Option2 drawdown/DLLOption 2 updates drawdown after the session using the highest closing balance. Its daily loss limit is $500/$1,100/$2,200/$3,300 for 25K/50K/100K/150K; reaching it pauses trading for the session without failing the account.Official source ↗
• Qualification Option2 scalingOption 2 contract limits rise and fall with cash above the starting balance. Starting limits are 2/2/3/5 minis and maximum limits are 3/7/12/15 for 25K/50K/100K/150K; intermediate scaling tiers apply.Official source ↗
• Regular Master riskRegular Master drawdown stops at the starting balance plus $100. For Option 2, the daily loss limit is removed when the drawdown locks, while contract scaling continues.Official source ↗
• Fast Track EOD exceptionsFast Track EOD has no contract scaling. Its daily loss limit remains active for the account’s life, except the 25K account has no daily loss limit. Both Fast Track models lock drawdown at the starting balance plus $100.Official source ↗
• Momentum qualification rulesMomentum qualification has no minimum trading days or consistency requirement, but reaching the target and complying with risk rules is still necessary. EOD has no contract scaling, and qualification profit does not transfer to Momentum Master.Official source ↗
• Session/holdingQualification and regular Master sessions run from 5:00 PM CT to 4:00 PM CT the next day. Close all positions by 3:59 PM CT; overnight holding is prohibited.Official source ↗
• Momentum holdingClose all Momentum positions before the session ends. Overnight and weekend positions are prohibited.Official source ↗
• News tradingFast Track permits news trading within drawdown and position-size limits, including CPI, FOMC and NFP, without news blackout windows.Official source ↗
• Professional data extrasNon-professional exchange data is included. Professional status adds $116 per month for CME Group exchange data; the declared status is locked for the account’s life.Official source ↗
• Third-party API/composite software extraThe Qualification rules state a $100 monthly fee when connecting to Rithmic through a Third-Party API or Trader Composite Software. Confirm whether your chosen setup triggers this additional charge.Official source ↗
• Regular Master resetA regular Master reset can be requested through support. The fee is calculated individually for the account; no fixed public amount is confirmed.Official source ↗
• Master activation deadlinePay the regular Master activation fee within seven days after its activation link is issued. Time waiting in the Master queue does not start this deadline.Official source ↗
• Account capOne trader profile may hold up to five active Master-level accounts in any combination of regular Master, Fast Track and Momentum Master. Qualification accounts are unlimited.Official source ↗
• Billing cancellationCurrent account fees are paid once. Accounts expire at the end of their access period without automatic renewal or recurring account charges.Official source ↗
• Fast Track EOD daily loss limits25K has no DLL; 50K / 100K / 150K have $1,200 / $2,500 / $3,300 limits. These are Fast Track limits, separate from Qualification.Official source ↗
• Momentum EOD daily loss limits25K / 50K / 100K / 150K have $600 / $1,200 / $2,500 / $3,300 limits. Do not substitute Qualification’s DLL table.Official source ↗

Lucid Trading

• Flex DLL customizationChoose Daily Loss Limit On or Off when buying Flex. On has a lower evaluation price, Off costs more, and the setting cannot be changed on an active account. Current configuration-specific reference and advertised coupon prices are recorded in the fee table.Official source ↗
• Pro DLL customizationChoose Daily Loss Limit On or Off when buying Pro. On has a lower evaluation price, Off costs more, and the setting cannot be changed on an active account. Current configuration-specific reference and advertised coupon prices are recorded in the fee table.Official source ↗
• Flex evaluationFlex evaluation uses 50% consistency with a two-day pass path. It is a one-time purchase with no monthly rebilling or funded activation fee; an optional daily loss limit is available at checkout.Official source ↗
• Pro evaluationPro evaluation can be passed in one trading day after meeting all objectives. It is a one-time purchase with no monthly rebilling and no fee to activate the funded account.Official source ↗
• Flex drawdownFlex uses EOD trailing drawdown: $1,000/$2,000/$3,000/$4,500 for 25K/50K/100K/150K. The floor ultimately locks at the starting balance plus $100; a payout request also sets it to that locked floor. Reaching the floor breaches the account.Official source ↗
• Pro drawdownPro uses EOD trailing drawdown: $1,000/$2,000/$3,000/$4,500 for 25K/50K/100K/150K. The floor locks at the starting balance plus $100 after the initial trail is reached; touching the floor breaches the account.Official source ↗
• Direct drawdownDirect uses EOD trailing drawdown: $1,000/$2,000/$3,500/$5,000 for 25K/50K/100K/150K. The floor ultimately locks at the starting balance plus $100; reaching the floor breaches the account.Official source ↗
• Flex scalingFlex has no evaluation contract scaling. Funded accounts start at 1/2/3/4 minis for 25K/50K/100K/150K and can scale to 2/4/6/10 as profits grow. Limits update after the session and can fall when the profit balance declines, including after payouts.Official source ↗
• Pro DLLThe dedicated DLL article lists no DLL for 25K and fixed limits of $1,200/$1,800/$2,700 for 50K/100K/150K. Eligible funded accounts later use 60% of peak EOD account profit. The 25K funded page instead lists $600, so confirm that configuration’s terms.Official source ↗
• Direct DLLDirect has no DLL at 25K; fixed limits are $1,200/$2,100/$3,000 at 50K/100K/150K. After the initial trail is exceeded, the DLL becomes 60% of peak EOD account profit and does not decrease. DLL hits are soft breaches; contract size has no scaling plan.Official source ↗
• News tradingFlex, Pro and Direct allow entry and exit around news events within all other rules. LucidDaily is different: trading red-folder news is a hard breach.Official source ↗
• Simulated session closeClose Flex, Pro and Direct positions by 4:45 PM EST, Monday–Friday, using the official article’s time wording. Positions are automatically closed then without failing the account; trading resumes at 6:00 PM EST, Sunday–Thursday. Follow earlier market closes on holidays.Official source ↗
• Supported platformsCQG supports NinjaTrader, Tradovate and TradingView. Rithmic supports MotiveWave, Quantower, Tradesea, Sierra Chart, Jigsaw, Bookmap, ATAS, R|Trader Pro and MultiCharts. Platform support does not confirm equal purchase prices or third-party license costs.Official source ↗
• Fees/resetsFlex, Pro, Direct and Daily are shown with one-time fees and no funded activation charge. Flex, Pro and Daily reset fees are recorded separately for each configuration; Direct reset pricing remains unconfirmed. Advertised coupon prices were read from the homepage, not verified by applying VAULT at checkout.Official source ↗
• Daily evaluation configurationsLucidDaily offers EOD or Intraday drawdown, each with DLL ON or OFF at 25K/50K/100K/150K. Evaluation targets are $1,250/$3,000/$6,000/$9,000; maximum loss is $1,000/$2,000/$3,000/$4,500. DLL ON is $600/$1,200/$1,800/$2,700. Maximum size is 2/4/6/10 minis or 20/40/60/100 micros, with 50% evaluation consistency.Official source ↗
• Advertised price boundariesThe table separates the crossed-out reference price from the advertised coupon price. DLL ON includes the displayed intermediate price and a further fixed-dollar reduction; DLL OFF has no additional ON reduction. VAULT is publicly listed, but acceptance, expiry and final cart charges remain unconfirmed.Official source ↗

Tradeify

• Billing for current plansCurrent purchases carry a one-time fee with no automatic monthly renewal. Older subscriptions must still be cancelled separately.Official source ↗
• Activation feesCurrent Growth, Select and Lightning plans have no activation fee.Official source ↗
• Select purchase and reset limitsUp to 15 Select evaluations may be purchased within 30 days of the first purchase, with up to 10 resets per evaluation in 30 days. The limited-release 300K plan has separate exceptions.Official source ↗
• Funded account limitThe FAQ allows up to five active funded accounts per household.Official source ↗
• Choosing a Select payout routeAfter passing the evaluation, choose either Flex or Daily; the choice is permanent. A separate Flex or Daily purchase fee should not be added to the Select entry price.Official source ↗
• Five-account bundleA five-account bundle of the same type and size receives an automatic 5% discount on Growth 25K/50K or Select 25K/50K. The help article says it can stack with active promo codes; 100K, 150K and Lightning plans are excluded, and a bundle total was not tested.Official source ↗
• Other costsIncluded non-professional Level 1 data requires the relevant agreement. Optional Level 2/EUREX data, TradingView subscriptions and trading commissions may add costs.Official source ↗

Apex Trader Funding

• New evaluation access and renewalEach purchase provides 30 consecutive calendar days, including weekends and holidays, ending at 6 PM ET on day 30. There is no automatic renewal, extension or reset.Official source ↗
• Standard activationFor the new plans checked, Standard PA activation is $99 for Intraday 50K and $129 for Intraday 100K, EOD 50K and EOD 100K. It is a separate one-time fee due within seven calendar days of the official pass.Official source ↗
• All-In activationEOD and Intraday All-In plans include Performance Account activation, with no later activation fee. Their purchase prices differ from Standard plans.Official source ↗
• New EOD 50K and 100K evaluation rulesThe 50K plan has a $3,000 profit target, $2,000 EOD drawdown, $1,000 daily loss limit and a maximum of six mini contracts. The 100K plan has a $6,000 target, $3,000 drawdown, $1,500 daily loss limit and a maximum of eight minis.Official source ↗
• New Intraday 50K and 100K evaluation rulesThe 50K plan has a $3,000 profit target, $2,000 intraday drawdown and a maximum of six mini contracts. The 100K plan has a $6,000 target, $3,000 drawdown and a maximum of eight minis; neither evaluation has a daily loss limit.Official source ↗
• Data costs for new plansEvaluations include basic real-time Level 1 data. Optional additional feeds or market-depth data are not covered by the evaluation discount.Official source ↗
• Legacy billingLegacy evaluations renew monthly until cancelled or converted to a Performance Account. Failing does not cancel the subscription, and a manual reset does not change the renewal date.Official source ↗
• Current Legacy availabilityThe official Legacy page advertises a limited-time return and identifies Legacy as a separate program. An older homepage section still says new purchases are unavailable, so availability should be shown as a limited-time offer.Official source ↗

Topstep

• Billing and cancellationThe Combine rebills every 30 days until you pass or cancel. Failing the evaluation does not cancel billing. There is no time limit to pass.Official source ↗
• Pricing path cannot be changed after purchaseYou cannot switch between Standard and No Activation Fee after purchase.Official source ↗
• Reset mechanicsA Reset clears an active Combine’s progress and moves rebilling 30 days from the Reset. Each rebill earns one Reset Credit. Limit: two Resets per account per day.Official source ↗
• Funded accounts cannot use evaluation ResetCombine Resets do not apply to Express or Live Funded Accounts. An eligible lost Express account may use Back2Funded instead.Official source ↗
• Back2Funded published reactivation feesBefore a first payout, eligible lost XFAs can be reactivated within 30 days. Published fees are $599 for 50K, $699 for 100K and $829 for 150K.Official source ↗
• Trading Combine targets and contracts50K: $3,000 target, 5 minis/50 micros. 100K: $6,000 target, 10 minis/100 micros. 150K: $9,000 target, 15 minis/150 micros.Official source ↗
• Maximum Loss LimitMLL is $2,000/$3,000/$4,500 for 50K/100K/150K. It trails end-of-day highs and is enforced in real time, including unrealized losses. Touching the limit breaches the account.Official source ↗
• Evaluation consistencyYour largest winning day must stay within the 55% evaluation target. Exceeding it increases the profit needed to pass. Passing requires at least two trading days.Official source ↗
• Intraday sessions onlyClose all positions by 3:10 PM CT each weekday. The next session opens at 5 PM CT; holding positions between sessions is prohibited.Official source ↗
• CPI and temporary risk restrictionsCertain equity and metals minis cannot open during the five minutes before and after CPI. Micro limits vary by account size; check Topstep’s current risk notice.Official source ↗
• Platform for new accountsNew Topstep accounts use TopstepX.Official source ↗
• Data feesLevel 1 data is included. Optional Level 2 costs $38 per month, billed on the 28th without proration.Official source ↗
• Promo conditionsPromo codes are case-sensitive and profile-specific. Unless stated otherwise, discounts apply only to the first month. A code covers a new Combine or a Reset, not both; missing codes are not refunded retroactively.Official source ↗
• EligibilityYou must be at least 18. Citizenship and permanent residence both affect eligibility. Some countries qualify for XFA payouts but not Live accounts; check the current official list before buying.Official source ↗
• Separate product familyTopstep Labs offers separate, limited one-time products. The comparison here covers the standard 50K, 100K and 150K pricing paths.Official source ↗

My Funded Futures

• New versus legacy billingEvaluation purchases from August 25, 2026 are paid once and do not renew. Earlier subscriptions keep their existing prices, billing cycles and terms. Resets remain separate.Official source ↗
• One-time account inactivityNew one-time evaluations and sim-funded accounts may close after seven consecutive calendar days without a trade. There is no subscription to pause.Official source ↗
• Builder 50K evaluationBoth Builder 50K options have a $3,000 target, a $1,000 soft daily loss pause and a one-day minimum. Default MLL is $2,000; Add-On MLL is $1,500. Drawdown trails end-of-day; evaluation has no consistency target.Official source ↗
• Builder other evaluation sizesBuilder 25K/100K/150K targets are $1,500/$6,000/$9,000, with MLLs of $1,000/$3,000/$4,500 and soft daily pauses of $600/$1,750/$2,500. Each has a one-day minimum and no evaluation consistency target.Official source ↗
• Builder sim funded account limitsBuilder 25K permits up to two active sim-funded accounts. The 50K, 100K and 150K guides each permit one active account for that plan. Do not apply the generic account allowance to every Builder plan.Official source ↗
• Builder live-breach cooldownA Builder Live breach triggers a 21-calendar-day cooldown. During it, sim trading, new evaluation purchases and resets are prohibited.Official source ↗
• Rapid evaluation versus simulated funded drawdownRapid evaluations use end-of-day drawdown. Intraday Rapid switches to equity high-water-mark trailing in sim funded, locking at $100. There is no daily loss limit.Official source ↗
• Rapid Intraday evaluation rulesIntraday Rapid evaluation requires at least two days and 50% consistency. News trading is allowed in evaluation; T1 news trading is prohibited in sim funded.Official source ↗
• Rapid EOD evaluation rulesRapid EOD requires four evaluation days and 30% consistency. Sim-funded drawdown trails end-of-day and locks at $100. News trading is allowed in evaluation and prohibited in sim funded.Official source ↗
• Pro evaluation rulesStandard Pro evaluation requires two days at 50% consistency, with no daily loss limit. Targets are $3,000/$6,000/$9,000 for 50K/100K/150K. The One Day add-on has different terms.Official source ↗
• Pro One Day add-onThe 50K One Day add-on removes evaluation consistency and uses a $4,000 target. The current public subtotal is $379; the anonymous new-user CLUB preview showed $189.50. The old limited-time “free” claim is not the current quote.Official source ↗
• MFF plan feesCurrent named evaluation plans have no activation fee. Resets cost extra; a current public reset-price table was not confirmed.Official source ↗
• Reset versus renewalA manual reset clears the account’s progress. New one-time accounts do not renew. For legacy subscriptions, a reset does not extend the billing cycle.Official source ↗
• Studio evaluation and availabilityStudio has static drawdown, no daily loss or consistency target, and no minimum evaluation days. It uses Hyperprop and permits one active Studio account. Seven-day inactivity and daily purchase limits apply.Official source ↗
• Country and identity eligibilityMeet your jurisdiction’s legal-age requirement and complete KYC. The official restricted-country list includes China, Hong Kong and Taiwan. A displayed coupon price does not establish purchase or payout eligibility; check the full current list.Official source ↗
• Travel while in a restricted countryThe policy permits existing-account trading while visiting a restricted country, but prohibits new purchases and resets during the stay. This does not establish eligibility for residents of restricted countries.Official source ↗

Use the plan documentation

Rules can change by product, purchase date and account stage. Each brand page links to the official documents used in its source review. Confirm your own account agreement before buying.