Independent prop firm research
Know the prop firm behind the challenge.
We dig into the rules, fees, track records and trading conditions behind prop firms, so you can look past the offer and judge the firm for yourself.
Coverage
What a Proptary review covers
39prop firms reviewed
The company
Who operates the firm, where it is registered, how long it has been running, and whether any of that is publicly verifiable rather than claimed on a landing page.
The rules
Drawdown type and limits, profit targets, time limits, consistency rules, and which strategies are restricted, read from the firm’s own rulebook rather than its sales page.
The money
What an evaluation costs, what a reset costs, the profit split, payout schedule and the conditions attached to a first withdrawal.
The payout record
Whether traders are paid, how quickly, and what happens when a payout is disputed, documented from public records rather than testimonials.
Support and sentiment
Which channels exist, how reachable they are during a dispute, and the complaint themes that keep repeating across public feedback.
The verdict
Who the firm suits, who should avoid it, and what we could not verify, stated plainly with the gaps named rather than glossed over.
Every firm gets one grade, from five factors.
Payout reliability, rule clarity, customer support, track record and transparency, and community sentiment, weighted equally and scored against a rubric we publish in full. A firm earns points only for evidence we can verify, and loses them only for incidents we can document.
Nothing is proprietary, and nothing is a feeling. If you disagree with a grade, you can read the rule it came from.
- A80–100Strong and verified across all five pillars.
- B65–79Solid, with gaps in the evidence or minor documented issues.
- C50–64Not enough verified evidence yet, or problems worth reading about before you pay.
- D35–49Significant documented problems in more than one pillar.
- F0–34Serious problems. We would not put money here.
Tools
Work out the numbers before you pay
Education
New to prop firms?
Editorial standard
How we work
Evidence
Every finding that moves a score needs at least two independent public sources, and we keep a saved copy of each one on file.
AI use
Some research and drafting is done with AI assistance, checked against the source and reviewed by a person. No grade is ever set by a model.
Corrections
If a firm documents that a finding is wrong, we correct the review and the grade recalculates. Corrections are noted, not edited out.
What we are not
Proptary does not hold client funds, execute trades, or act as a broker, and holds no ownership interest in any firm we review.
Before you pay
Many prop firms operate without a financial services license because traders typically use simulated accounts and the firm may not hold client investment funds. This means regulatory protections and compensation schemes may not apply. Always check the firm’s legal status and current terms before paying.
Proptary is not a financial institution or investment adviser. Our reviews, grades and scores are for informational purposes only and are not financial or trading advice, recommendations, or guarantees. Historical payouts, reviews and scores do not guarantee future payouts, reliability, or continued operation. To the fullest extent permitted by applicable law, Proptary is not liable for losses arising from reliance on information published here.
Prop firm evaluations involve risk. An evaluation buys an attempt to qualify, not a guaranteed funded account. Fees may be non-refundable, and breaching trading, drawdown, or consistency rules may result in the loss of your fee, account, or payout eligibility. Rules, prices, and conditions can change at any time, so always verify the latest information directly with the firm.
Links to firms take you outside Proptary. We do not open, hold, or operate trading accounts. Payments, identity checks, and payouts are between you and the firm, under its own terms and privacy policy.