Firm comparisons
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Only Two Prop Firms Can Actually Run Grid/Trailing-Repeat EAs: "Not Banned" and "Usable" Are Different Things
If you want to run a grid or trailing-repeat ("trailing stop and repeat" / トラリピ) type EA on a prop account, checking only whether the ban list mentions it doesn't tell you anything. What actually kills the account is the "floating-loss cap" and whether drawdown is measured on equity or on balance. City Traders Imperium's 1-Step is the unique combination of balance-based DD, no daily DD, off-the-shelf EAs allowed, and grid explicitly permitted. Fintokei doesn't list grid among its 9 banned practices, but off-the-shelf EAs aren't allowed and a combined 3% cap across all open positions becomes the real limit on how many grid levels you can run. A comparison table across 10 firms, plus the formula for working backward from the floating-loss cap to figure out how many levels you can stack. Confirmed against each firm's official help center on September 16, 2026.
Hantec's 4 plans compared | Enhanced's max loss line rises to the starting balance once you withdraw. Which should you buy — the 2-step or the 3-step Endurance?
A re-check of Hantec Trader's Express, Enhanced, EnhancedX, and Endurance against the official help center as of September 2026. On Enhanced and Express, the max loss line locks to the starting balance on your first payout; on EnhancedX and Endurance, it doesn't move even after a payout. Compared by price, an approximate pass rate, and how much cushion is left after a payout.
![Is Moneta Funded's Instant account really worth it? Verifying the 88% split conditions, 5% trailing DD, and consistency rule against real checkout prices [September 2026]](/og/en/moneta-funded-instant-funding-guide-2026.png)
Is Moneta Funded's Instant account really worth it? Verifying the 88% split conditions, 5% trailing DD, and consistency rule against real checkout prices [September 2026]
A deep dive into Instant Funding at Moneta Funded, the prop firm founded by the Moneta Markets founder. $5K for $69 with an 88% split from day one is real, but the split is a 60/88 choice at checkout, the max drawdown became a 5% trailing rule in July 2026, there's a 15/20% consistency rule, news trading is banned, and the first payout takes 14 days — the conditions add up. Covers the differences from Instant Pro and Phoenix, a comparison against the instant accounts at FundedNext, FundingPips and Lark, Trustpilot account-closure reports, notes for traders using it from Japan, and — after applying the 50%-off `TOKONATSU50` code distributed by the Japan-based BD — real sale prices to answer 'which one should I actually buy.'
Prop Firms That Allow Averaging Down (Nanpin): What the Rules Actually Ban Isn't 'Buying the Dip' — It's Increasing Lot Size
Averaging down (nanpin) and martingale are treated as completely different things under the rules. Funded7's Rule 4 explicitly bans 'increasing lot size from 1.0 → 1.5 → 2.0,' while explicitly allowing averaging down at the same or a reduced lot size. Fintokei lifted its martingale ban entirely in July 2025. Includes a quick-reference table of how 10 firms treat this, a formula for working backward from your floating-loss cap to the number of steps you can take, and why the room left right after the final step differs by 7.8x between averaging down and martingale even at the same 5 steps. Confirmed with each firm's official help center on September 16, 2026.
![[Up to 50% Off] Every Prop Firm First-Time Coupon Code — 19 Firms, April 2026 Edition](/og/en/new-5-firms-coupon-guide-2026-04.png)
[Up to 50% Off] Every Prop Firm First-Time Coupon Code — 19 Firms, April 2026 Edition
Fintokei, FundedNext's VIBES 30%... We checked every code — including ones from overseas aggregator sites — and kept only the ones that actually work. A full table of first-time discounts across 19 firms, plus why you should use them on a $100K account.
![[July 2026] This Month's Best Prop Firm Picks & Plans: Two Free Contests (Prizes Up to ¥4M), a Shift to One-Time Fees, and Metals Return](/og/en/prop-firm-best-picks-2026-07.png)
[July 2026] This Month's Best Prop Firm Picks & Plans: Two Free Contests (Prizes Up to ¥4M), a Shift to One-Time Fees, and Metals Return
A curated pick of prop firms and plans worth acting on right now, as of July 2026. Fintokei's free demo contest (total prize pool ¥6.7M–8.7M, entries close 7/8 morning), Lark Funding's free $500K contest (through 7/15), FundedElite's ~¥700 pay-after-passing activation, Tradeify 3.0 right after its shift to one-time fees, and Apex where metals trading is back. We also give an honest list of plans to skip this month (Topstep right after a price hike, MFF's Flex revision, and new FundingPips evaluation accounts).
![[September 2026] Which Prop Firm Should You Buy Right Now | An "Expected Payout" Ranking Split Between EA Traders and Manual Traders (Updated After the FundedNext EA Ban and Moneta's Debut)](/og/en/prop-firm-best-picks-2026-09.png)
[September 2026] Which Prop Firm Should You Buy Right Now | An "Expected Payout" Ranking Split Between EA Traders and Manual Traders (Updated After the FundedNext EA Ban and Moneta's Debut)
As of September 9, 2026, ranking "which prop firm to buy right now," split between people running EAs on $100K accounts and manual/semi-discretionary Japanese traders. Reflects FundedNext's EA ban on $50K+, the debut of Moneta Funded, The5ers' yellow card (lifted September 25), and FundedElite's Trustpilot suspension. Compares $100K prices, profit splits, and EA conditions side by side for FTMO, Funding Pips, Fintokei, E8 Pro, Funded7, Hantec, Fundora, and Alpha Capital, plus which firms to wait on and which coupons work this month. Updated September 13, 2026 to reflect E8 Markets' full relaunch (all plans now one-step, new E8 Pro) and a re-investigation of Alpha Capital (full ban on fully automated EAs, Trustpilot suspension, price changes).
1-Step vs. 2-Step vs. Instant Funding: A Full Comparison — Which Evaluation Model Should You Choose?
Comparing prop firm evaluation models using independent data: 1-Step pass rate 17.5% vs. 2-Step 9.1% (Swiset), with passers taking an average of 6.4 days and failures dragging out to 41.5 days. Also covers Instant Funding's traps — high fees, low splits, and trailing drawdown. What matters more than phase count when choosing.
![[Updated July 2026] Prop Firm Rule Leniency Ranking: 16 Firms Compared | Rated on Two Axes — 'Rule Leniency' and 'Discretionary Risk'](/og/en/prop-firm-rules-comparison.png)
[Updated July 2026] Prop Firm Rule Leniency Ranking: 16 Firms Compared | Rated on Two Axes — 'Rule Leniency' and 'Discretionary Risk'
Comparing 16 firms: FundedHive, Lark Funding, The5ers, Fintokei, Funded7, FundingPips, Alpha Capital, Hantec, Fundora, E8 Markets, BlueberryFunded, FundedNext, SuperFunded, FundedElite, FTMO, and Forge of Traders. Organized by weekend holding, news trading, EA, scalping, consistency rules, and drawdown, plus a second axis rating how far each firm's discretion can go in shutting you down.
![[Week 2, July 2026] This Week's Best Prop Firms | Where to Buy for Multiple Accounts? A Full Review of 17 Firms' Multi-Account Rules](/og/en/prop-firm-weekly-multi-account-2026-07.png)
[Week 2, July 2026] This Week's Best Prop Firms | Where to Buy for Multiple Accounts? A Full Review of 17 Firms' Multi-Account Rules
FundingPips raised its combined allocation cap to $400K (7/8), and FundedNext scrapped its 70% margin rule (7/3) — the multi-account landscape moved a lot this week. We checked the official help centers of 17 firms on combined allocation caps, buying multiple copies of the same plan, self-to-self copy trading, and account merging, then ranked "where to buy for multiple accounts" from this week's vantage point. Also covers landmines like Alpha Capital's per-symbol strategy rule.
Prop Firm Scalping & News-Trading Rules at a Glance: A Thorough Comparison of 18 Firms
An 18-firm comparison of prop firm scalping hold-time minimums and news-trading restrictions (window length, hard/soft breach), organized into a 3-axis matrix. Includes strategy for NFP/FOMC days.
Bulenox Complete Guide (2026 Edition): A Deep Dive Into the Futures Prop Firm With Fully Free EA and Automated Trading
A complete breakdown of Bulenox, Trustpilot 4.8 stars and one of the only futures prop firms with fully free EA/bot/copier trading. Covers the Qualification → Master Account (Option 1/2) structure, trailing drawdown, the 40% consistency rule, Wednesday payouts, and the KEP91 coupon for up to 91% off — written for Japanese traders.