Prop firm trading rules
The permissions that most often decide whether a strategy fits a firm, for every firm we track, from each firm's own rules.
Forex firms
| Firm | News | EAs | Copy trading | Overnight | Weekend |
|---|---|---|---|---|---|
| The5ers | Limits | Limits | Limits | Yes | Yes |
| FTMO | Limits | Yes | Limits | Yes | Limits |
| E8 Markets | Limits | Yes | Limits | Yes | Yes |
| FundedNext | Limits | Limits | Limits | Yes | Yes |
| FundingPips | Limits | Limits | Limits | Limits | Limits |
| Blue Guardian | Limits | Yes | Limits | Yes | Yes |
| BrightFunded | Limits | Yes | Limits | Yes | Yes |
| AquaFunded | Limits | Yes | Limits | Yes | Yes |
| Alpha Capital | Limits | Limits | Limits | Yes | Limits |
| Maven | Limits | No | Limits | Yes | Yes |
"Limits" means the firm allows it with conditions, such as no trades a few minutes either side of major news. Hover a cell, or open the firm, for the exact wording.
Futures firms
| Firm | News | EAs | Copy trading | Overnight | Weekend |
|---|---|---|---|---|---|
| FTMO Futures | Yes | Yes | Limits | No | No |
| Topstep | Limits | Yes | Limits | No | No |
| FundedNext Futures | Yes | Yes | Limits | No | No |
| Earn2Trade | Yes | Not stated | No | No | No |
| My Funded Futures | Limits | Yes | Limits | No | No |
| Lucid Trading | Limits | Yes | Yes | No | No |
| E8 Futures | Yes | No | Limits | No | No |
| Take Profit Trader | Limits | No | Limits | No | No |
| Tradeify | Yes | Limits | Limits | No | No |
| Apex Trader Funding | Yes | No | Limits | No | No |
"Limits" means the firm allows it with conditions, such as no trades a few minutes either side of major news. Hover a cell, or open the firm, for the exact wording.
Crypto firms
| Firm | News | EAs | Copy trading | Overnight | Weekend |
|---|---|---|---|---|---|
| E8 Perpetuals | Limits | Yes | Limits | Yes | Yes |
| Breakout | Yes | Not stated | Limits | Yes | Yes |
| Crypto Fund Trader | Yes | Yes | Limits | Yes | Yes |
| For Traders Crypto | Yes | Limits | Limits | Yes | Yes |
| HyroTrader | Yes | Yes | No | Yes | Yes |
| Bitfunded | Yes | No | No | Limits | Yes |
| Kraken Prop | Yes | Not stated | Limits | Yes | Yes |
| My Funded Perps | Limits | Limits | Limits | Yes | Limits |
| Propr | Yes | Yes | Yes | Yes | Yes |
| WenCrypto | Yes | No | No | Yes | Yes |
"Limits" means the firm allows it with conditions, such as no trades a few minutes either side of major news. Hover a cell, or open the firm, for the exact wording.
What each rule means
- News trading
- Whether you may hold or open positions around scheduled economic releases. Firms that limit it usually set a window of a few minutes either side of high-impact news, and may remove profit made inside that window rather than fail the account. See the firms that allow it.
- Expert advisors
- Whether automated strategies may trade the account. Many firms allow them but ban specific behaviour, such as high-frequency trading, latency arbitrage or copying the same strategy across many traders. See the firms that allow it.
- Copy trading
- Whether trades may be copied between your own accounts or from a signal provider. Firms that allow it usually count copied accounts toward one combined funding limit.
- Overnight holding
- Whether positions may stay open through the daily close. Most forex and crypto firms allow it. Many futures firms require you to be flat before the session ends.
- Weekend holding
- Whether positions may stay open from Friday to Monday, when prices can gap. Some firms allow it only on a swing account or with an add-on. See the firms that allow it.
Drawdown types
| Static | The loss limit is fixed at a set distance below your starting balance and never moves. |
|---|---|
| Balance trailing | The loss limit rises with your closed balance as you make profit, so it follows your gains. |
| Equity trailing | The loss limit rises with your highest equity, including open profit, so it follows unrealised gains too. |
| End-of-day trailing | The loss limit moves up once a day, based on your end-of-day balance, and ignores swings during the session. |
| Intraday trailing | The loss limit follows your highest intraday equity in real time, including open profit that you later give back. |
Read more in drawdown rules explained and consistency rules explained.
Frequently asked questions
What happens if I break a rule?
A hard rule, such as the daily or maximum loss limit, normally fails the account straight away. Softer rules, such as trading through restricted news, may only remove the profit from those trades. Each firm page links to the firm’s own rules for the exact treatment.
Which drawdown type is easiest to manage?
A static drawdown is the easiest to plan around, because the limit never moves. End-of-day trailing ignores swings within the day. Intraday trailing is the strictest, because it follows open profit you later give back.
Do the rules change once I am funded?
Sometimes. Funded accounts often add a consistency rule, a minimum number of trading days before a payout, or tighter news restrictions. Check the funded-stage rules on the firm page before you buy.