The State of Prop Firms 2026
We track and audit 58 prop trading firms. Here's what the numbers say about the industry in 2026 — how rules are loosening, where the money is, and how much you can save with current discount codes.
Key findings
- 46% of prop firms now run no consistency rule on at least one product — the single biggest shift toward trader-friendly rules in 2026.
- The average advertised profit split is 90%, with 16 firms offering a 100% split (often as a paid add-on or up to a cap).
- The cheapest funded route starts at $5 (AquaFunded), and the median cheapest entry across all firms is $45.
- 74 verified discount codes are live across 39 firms, averaging 31% off — the biggest is 90% (Apex Trader Funding, code SAVENOW).
- 75% of firms allow EAs / automated trading, making 2026 the most automation-friendly year for prop trading yet.
- The market splits 34 CFD vs 22 futures firms, and average Trustpilot sits at 4.38/5 across 287,943 reviews.
The market at a glance
Tier distribution
Rules are loosening
The clearest trend in 2026 is rule liberalisation. 46% of firms with a stated policy have dropped the consistency rule (the best-day profit cap that quietly blocks payouts), and 75% now permit automated trading — a reversal from a few years ago when EAs were widely banned.
Where the money is
Discounts in 2026
Discount codes are now a permanent feature of the industry, not occasional sales. With 74 codes live across 39 firms — averaging 31% off — the real price of a challenge is almost always below the sticker price. See the full prop firm discount codes list.
Methodology
Figures are aggregated from PropfirmDeals' own dataset of 58 prop trading firms, audited from official firm sites, emails and public sources as of June 2026. "No consistency rule" counts firms offering at least one product without a best-day profit cap. Profit-split figures use each firm's highest advertised split (some require a paid add-on or apply a cap). Trustpilot figures are estimates from our research, not live-fetched. Prop trading involves risk of capital loss; this report is informational, not financial advice.
- Compare all 58 prop firms
- All 74 live discount codes
- Firms with no consistency rule
- Cheapest prop firm challenges
Using this data? A link to PropfirmDeals is appreciated.