The State of Prop Firms 2026

We track and audit 54 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

• 79% 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 93%, with 22 firms offering a 100% split (often as a paid add-on or up to a cap).
• The cheapest funded route starts at $9 (For Traders), and the median cheapest entry across all firms is $39.
• 91 verified discount codes are live across 43 firms, averaging 35% off — the biggest is 90% (Apex Trader Funding, code SAVENOW).
• 85% of firms allow EAs / automated trading, making 2026 the most automation-friendly year for prop trading yet.
• The market splits 26 CFD vs 18 futures firms, and average Trustpilot sits at 4.21/5 across 437,134 reviews.

The market at a glance

Tier distribution

Rules are loosening

The clearest trend in 2026 is rule liberalisation. 79% of firms with a stated policy have dropped the consistency rule (the best-day profit cap that quietly blocks payouts), and 85% 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 91 codes live across 43 firms — averaging 35% 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 54 prop trading firms, audited from official firm sites, emails and public sources as of September 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.