The State of Prop Firms 2026
We track and audit 56 prop trading firms. Here's what the numbers say about the industry in 2026 — which rules firms run today, where the money is, and how much you can save with current discount codes.
Key findings
- 88% of the 40 firms with a stated policy run no consistency rule on at least one product.
- The average advertised profit split is 93%, with 21 firms offering a 100% split (often as a paid add-on or up to a cap).
- The cheapest funded route starts at $10 (Goat Funded Trader), and the median cheapest entry across all firms is $47.
- 75 verified discount codes are live across 44 firms, averaging 39% off — the biggest is 90% (Apex Trader Funding, code SAVENOW).
- 89% of the 55 firms with a stated policy allow EAs / automated trading on at least one product.
- The market splits 26 CFD vs 18 futures firms, and the average Trustpilot rating of the 34 rated firms is 4.21/5 across about 401,725 reviews (our estimate).
The market at a glance
Tier distribution
Rules firms run today
These are shares of today's snapshot, not a trend: we hold current values only. 88% of the firms with a stated policy run at least one product without a consistency rule (the best-day profit cap that can block payouts), and 89% permit automated trading on at least one product.
Where the money is
Discounts in 2026
Discount codes are now a permanent feature of the industry, not occasional sales. With 75 codes live across 44 firms — averaging 39% 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 56 prop trading firms, audited from official firm sites, emails and public sources as of November 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 56 prop firms
- All 75 live discount codes
- Firms with no consistency rule
- Cheapest prop firm challenges
- Firm pages with rules, prices and codes: FundingPips, FundedNext, Finotive Funding, E8 Markets, Tradeify FX, Fintokei and 50 more in the comparison
- Firms our team trades with: FundingPips (rules), The5ers, FundedNext (rules), Fintokei, E8 Markets, Funded Trader Markets, Finotive Funding, Blue Guardian, FunderPro (rules), Goat Funded Trader. Testing now: Moneta Funded, Tradeify FX (rules), BrightFunded, Instant Funding. Where our team runs EAs.
- Our own codes:
- The FundingPips discount code for November 2026 is FHFUNDED: 20% off every purchase, new and returning FundingPips customers (Diwali sale until 9 Nov), at checkout. FundingPips discount code guide
- The FundedNext discount code for November 2026 is PFDEALS: 47% off FundedNext Futures Flex (40% from your 3rd Flex), 40% off Futures Rapid (47% on a trader's first futures purchase), 40% off Futures Direct and 30% off Stellar Instant (one per trader), 7% off Stellar 2-Step, 1-Step and Lite (FundedNext CFD, plus a 120% refundable fee reward), at checkout, through PropfirmDeals' link https://fundednext.com/?fpr=PFDEALS. FundedNext discount code guide
- The Finotive Funding discount code for November 2026 is PFDEALS: 50% off every purchase, every Finotive Funding account, at checkout. Finotive Funding discount code guide
- The E8 Markets discount code for November 2026 is FHFUNDED: 15% off all E8 One and E8 Pro orders (Winter ARC rate until 25 Nov), 35% off all E8 Zero orders, 20% off all E8 Signature Futures orders and 50% off all E8 One or E8 Pro Perpetual Futures orders, at checkout. E8 Markets discount code guide
- The Tradeify FX discount code for November 2026 is PFD: 45% off every Tradeify FX account, on every order (Diwali: the $250,001 Gold plan for $91, ends 11 Nov), at checkout. Tradeify FX discount code guide
- The Fintokei discount code for November 2026 is PFDEALS: 20% off every purchase, new and returning Fintokei customers (stacks with BYEBYEFEE: challenge fee refunded with your first payout, start by 26 Nov), at checkout. PFDEALS15 is PropfirmDeals' own Fintokei code too: 15% off for existing Fintokei customers at checkout. Fintokei discount code guide
We earn a commission through our links · same price for you.
- More discount-code guides: Atmos Funded, Blueberry Funded, For Traders, FunderPro, IQ Capital, The5ers
- Free prop firm trials compared
Using this data? A link to PropfirmDeals is appreciated.