Last updated: 1 November 2026 State of Prop Firms, November 2026 edition. What changed at the 10 prop firms we track during October 2026: rule changes, new products, the discount codes running on 1 November, the firms’ own pass-rate figures and US access. Every row links to the firm’s own page. Last month’s edition is State of Prop Firms: October 2026. The next edition is due in early December 2026.
Update, 2 November 2026: two codes changed after this edition went out. Goat Funded Trader replaced HALLOWEEN50 with BOGO40 (40% off all accounts; FIRSTGFT still 50% for new customers), and Take Profit Trader replaced NOFEE40 with NOFEE50 (50% off for life plus the activation fee waived, until 9 November, per its help centre). Apex’s SAVENOW was still live on 2 November, with its countdown implying an end around late 4 November ET (estimated from the timer). The tables below have been updated.
12 dated rule changes in October at 5 firms; 6 of them at Goat Funded Trader. Goat Funded Trader cut its minimum hold to 1 minute, banned VPNs and outside trade copiers, added a “largest win at least as big as largest loss” payout condition and now says the fee is refunded on the fourth payout. FTMO added a 50% consistency rule to the 1-Step Challenge (orders from 12 October), and Topstep restricted new positions around Tier 1 news.
The Halloween promotions ended or can’t be confirmed. Tradeify replaced GEMS with NOV (30%, 40% on Growth, ends 13 November). FundedNext’s FNTRICK is gone from its CFD pages, which showed no code on 1 November. Goat’s HALLOWEEN50 was replaced by BOGO40 (40%) on 2 November. Apex’s SAVENOW was still live on 2 November (countdown to about late 4 November ET, estimated); FundingPips’ HALLOWEEN was last seen on 30 October and is unverified.
Firm-reported pass rates did not change. We rechecked them on the firms’ pages on 1 November: Topstep 16.8% of 2025 Combines, Tradeify 17.2%, MyFundedFutures 19.97% and Take Profit Trader 36.22% of 2025 tests. All are self-reported and unaudited.
US access: no change recorded in October. None of our October watchdog reads found a change to any firm’s US eligibility wording.
Rule changes in October 2026
Each change comes from our watchdog’s reads of the firm’s own help centre or rules page. Where the firm stated an effective date, we use it. Where it didn’t, the date is when the article was edited or when we first saw the change, so the change happened on or before that date. Changes usually apply to accounts bought from the stated date; existing accounts often keep the old rules.
| Date | Firm | Type | Change | Firm’s wording | Source |
|---|---|---|---|---|---|
| 2026-10-06 firm-stated effective date | Goat Funded Trader | Trading rule | Minimum holding time for funded-account trades cut from 2 minutes to 1 minute for accounts bought from 6 October (00:00 UTC). Profit from shorter trades is removed at payout. | “Purchased from 6 October 2026 (00:00 UTC) onward: 1 minute (60 seconds)” | Firm page |
| 2026-10-06 firm-stated effective date | Goat Funded Trader | Prohibited practice | VPNs, VPSs, proxies and any hosting or IP-masking service banned while trading; a breach ends the account. The firm’s own GOAT Trade Copier is exempt. | “Effective October 6, 2026, the use of any type of hosting or IP-masking or routing service during trading activity is strictly prohibited.” | Firm page |
| 2026-10-08 firm-stated effective date | Goat Funded Trader | Payout rule | New payout condition for funded accounts bought from 8 October: the largest winning trade must be at least as big as the largest losing trade. | “Your largest winning trade must be at least as big as your largest losing trade.” | Firm page |
| 2026-10-09 help article edited 9 Oct (upper bound) | Take Profit Trader | Payout rule | PRO buffer: the 60-trading-day tier (50% before, 80% after) was removed. The article now says 50% of the buffer can be withdrawn after the account is closed. | “You can withdraw 50% of your Buffer Zone after your account is closed.” | Firm page |
| 2026-10-12 firm-stated effective date | FTMO | Consistency | 1-Step Challenge: a Consistency rule replaces the Best Day Rule. The best day cannot be more than 50% of total profit. Applies to orders created from 12 October. | “the Consistency rule requires that your Best Day does not represent more than 50% of your total profit” | Firm page |
| 2026-10-12 firm-stated effective date | Goat Funded Trader | Copy trading | Copy trading allowed only through the firm’s GOAT Trade Copier. Copying from an external account, including your own, is banned. | “This rule applies from October 12, 2026. Copying trades from an external account is not allowed, even if the external account is your own.” | Firm page |
| 2026-10-14 help article modified 14 Oct; effective date not stated | MyFundedFutures | Plan redesign | Pro Plan redesigned: a payout now requires the buffer to be cleared ($2,100 / $3,100 / $4,600). The old rule allowing up to 60% of profits before the buffer is cleared now applies only to Legacy Pro accounts. | “Accounts on the old Pro products keep every old rule.” | Firm page |
| 2026-10-15 help article edited 15 Oct (upper bound); PPI added 20 Oct | Topstep | News trading | Sim accounts can’t open new positions in equity index products and metals during a window around Tier 1 news (CPI, FOMC, NFP, and from 20 October PPI). | “Ahead of Tier 1 News Events (for example, CPI, FOMC, NFP, PPI), Topstep temporarily restricts new opening positions on equity index products and metals in SIM” | Firm page |
| 2026-10-21 help article modified 21 Oct (upper bound) | Topstep | News trading | Live traders with a balance below $3,000 are limited to 1 contract during Tier 1 news. | “Live traders with a balance below $3,000 will be limited to 1 contract during Tier 1 News Events” | Firm page |
| 2026-10-22 firm-stated effective date | Goat Funded Trader | Drawdown | 2 Step Promo 100k: funded floating-loss limit cut from 2% ($2,000) to 1% ($1,000) for purchases from 22 October. | “If you bought this challenge before 22 October 2026, your limit is 2% ($2,000)” | Firm page |
| 2026-10-25 help article edited 25 Oct (upper bound) | Take Profit Trader | Payouts | Routable added as an international payout method, alongside PayPal and Wise. | “International Payouts – Routable, PayPal or Wise.” | Firm page |
| 2026-10-27 help article updated 27 Oct; when the wording changed is not known | Goat Funded Trader | Fee refund | The help centre now says the evaluation fee is refunded with the fourth payout on an account (Instant Daily excluded). | “When you receive your fourth payout on an account, the fee you paid for that account is refunded.” | Firm page |
New products and price changes
| Date | Firm | What’s new | Source |
|---|---|---|---|
| 2026-10-09 help article (first seen 9 Oct) | MyFundedFutures | Studio plans: trial plan structures with their own rules (#001 and #002 at $140 and $280; #003, a $5K plan at $75, from 14 October). | Firm page |
| 2026-10-09 homepage, browser read 9 Oct | Apex Trader Funding | Homepage section “Legacy Accounts Are Back For a Limited Time”. Still live in our 30 October browser read: legacy plans $227–$847 per month. Apex blocks automated fetches, so this comes from browser notes. | Firm page |
| 2026-10-12 blog post dated 12 Oct | FTMO | FTMO Instant Account: a direct-access account with no challenge, priced in euros from €169 (on the FTMO homepage 1 Nov). | Firm page |
| 2026-10-14 price change, first seen 14 Oct (our log) | FundedNext | Futures Flex list prices raised. 50K is now $141.99 list or $74.99 with FNFLEX (was $133.99 / $69.99). Still the same on 1 November. | Firm page |
| 2026-10-19 help article dated 19 Oct | Goat Funded Trader | 2 Step Promo 100k: a $100,000 2-Step Challenge for a fixed $99. Discount codes can’t be applied to it. | Firm page |
| 2026-10-26 help article dated 26 Oct | Goat Funded Trader | Instant Daily: a 30-day instant funded account with daily payouts, $15 ($1K) to $499 ($50K), and a 3% max total drawdown. The fee is not refunded. | Firm page |
| 2026-10-28 CFD pages, first seen 28 Oct | FundedNext | FNL:004: a 50K instant CFD account for $149.99 with no daily loss limit, a $2,000 trailing max loss and an 80% reward share. Still listed on 1 November. | Firm page |
| 2026-10-30 plan page, first seen 30 Oct | The5ers | Summer Plan adds a $50K tier: 1-Step $179; 2-Step $99 (10%/5% targets) or $119 (8%/5%). Still on the page 1 November. | Firm page |
Discount codes on 1 November, and what changed since October
“Live” means the code was on the firm’s page when we read it on the date shown. “Unverified” means the firm blocks automated reads and our last browser check was 30 October, before the stated or likely end. Check the firm’s page before you buy.
| Firm | October edition (2 Oct) | Now | Terms (as stated) | Status | Read |
|---|---|---|---|---|---|
| Apex Trader Funding | SAVENOW (up to 90%) | SAVENOW | 90% off evaluations. In October the end date moved at least seven times (12, 15, 18, 22, 26 and about 29 Oct). On 2 November the countdown pointed to about late 4 November ET (estimated from the timer). | Live | 2 Nov, browser |
| Tradeify | GEMS (30%) | NOV | 30% off, or 40% on Growth accounts; ends 13 November, 11:59 PM EST. GEMS (stated end 31 October, 11:59 PM EST) no longer appears. | Live | 1 Nov, page code (HTTP) |
| MyFundedFutures | CLUB (40%) | CLUB + FIFTYOFF | CLUB: 40% off any plan (50% off a first evaluation). FIFTYOFF: 50% off for new customers, one use, valid to 1 January 2027 per the coupons page data. | Live | 1 Nov (HTTP) |
| Take Profit Trader | NOFEE40 | NOFEE50 | NOFEE40 (40% off for life, no activation fee) ran through 1 November. On 2 November NOFEE50 replaced it: 50% off for life and no activation fee, until 9 November. | Live (to 9 Nov) | 2 Nov (HTTP) |
| Goat Funded Trader | GFT45 / FIRSTGFT | BOGO40 / FIRSTGFT | HALLOWEEN50 (50% off, from 26 October) was still live on 1 November; on 2 November BOGO40 (40% off all accounts) replaced it. FIRSTGFT: 50% off a first account. No end date stated. | Live (no end date) | 2 Nov (HTTP) |
| FundedNext | STOCT / FNFLEX / RAPID | FNFLEX / RAPID / FNDIRECT (futures); no CFD code shown | CFD codes in October: STOCT, then STRTN (12 Oct), then FNTRICK (28 Oct, up to 41%, countdown ending about 06:00 ET 31 October). On 1 November the CFD pages show list prices and no code. Futures: FNFLEX up to 47%, RAPID, FNDIRECT 40%. | Futures live; FNTRICK ended | 1 Nov (HTTP) |
| FundingPips | FP (10% / 5%) | HALLOWEEN | 20% off for new clients, 15% for existing clients (replaced FP, which had gone to 20% on 21 October). No end date shown. | Unverified | 30 Oct, browser (FundingPips blocks automated reads; 429 on 1 Nov) |
| FTMO | 1-Step 100K special (“Claim 20% Off”) | None needed (100K specials) | The “20% Off” banner was gone by 16 October. The 100K 1-Step costs €399 (list €499) and the 100K 2-Step €439 (list €540) if you don’t already have one active. | Live | 1 Nov (HTTP) |
| Topstep | Responsible Trading Discount | Responsible Trading Discount + creator codes | Discount for adding a daily loss limit, still listed. New in October: 20% off a first purchase with a creator’s affiliate code (small rollout, per Topstep’s help centre, 15 October). | Live | 30 Oct (HTTP) |
| The5ers | Unclear ($100K for $149 banner) | No code; banner offers | Homepage banner now reads “$200K Only For $249” (since 26 Oct). The Summer Plan page still advertises $100K for $149, and a $50K tier was added on 30 October. | Live | 1 Nov (HTTP) |
Prices by account size are in our Discount Tracker and True Cost Index. Earlier code changes are logged in the Rule Change Index.
Pass rates the firms publish
We rechecked these on the firms’ pages on 1 November 2026, and none changed during October.
| Firm | Metric | Period | Value | Source |
|---|---|---|---|---|
| Take Profit Trader | Test pass rate | 2025-01-01 to 2025-12-31 | 36.22% | Firm page |
| Topstep | Combine pass rate | 2025-01 to 2025-12 | 16.8% | Firm page |
| Topstep | Participants ever funded | 2025-01 to 2025-12 | 51.8% | Firm page |
| Topstep | Funded traders paid | 2025-01 to 2025-12 | 33.3% | Firm page |
| Topstep | Called up to live | 2025-01 to 2025-12 | 0.71% | Firm page |
| Tradeify | Evaluation pass rate | 2025-08 to 2026-07 (calculated 2026-08-09) | 17.2% | Firm page |
| Tradeify | Participants ever funded | 2025-08 to 2026-07 | 40.3% | Firm page |
| Tradeify | Funded traders paid | 2025-08 to 2026-07 | 28.5% | Firm page |
| Tradeify | Called up to live | 2025-08 to 2026-07 | 3.0% | Firm page |
| MyFundedFutures | Evaluation pass rate | Not stated ('the applicable measurement period') | 19.97% | Firm page |
| MyFundedFutures | Participants ever funded | Not stated | ~19.95% | Firm page |
| MyFundedFutures | Funded traders paid | Not stated | 39.2% | Firm page |
| MyFundedFutures | Called up to live | Not stated | 4.2% | Firm page |
Definitions differ between firms (tests or people, and different time windows), so read the notes in the Pass Rate Registry before comparing them. FTMO, FundedNext, FundingPips, The5ers, Apex and Goat Funded Trader don’t publish a comparable figure.
US access
Our October watchdog reads found no change to any firm’s stated US eligibility. The table below is carried over from the US Availability Tracker (checked 2 October 2026), which lists state exclusions and platform limits.
| Firm | Accepts US residents? | Source |
|---|---|---|
| FTMO | Yes, through a separate US entity | Firm page |
| Topstep | Yes | Firm page |
| Apex Trader Funding | Yes | Firm page |
| Tradeify | Yes | Firm page |
| MyFundedFutures | Yes | Firm page |
| Take Profit Trader | Yes, except one US territory | Firm page |
| FundedNext | Yes, CFDs on Match-Trader only | Firm page |
| The5ers | Yes, not on MetaTrader | Firm page |
| Goat Funded Trader | Yes, not on MT5 or cTrader | Firm page |
| FundingPips | Yes, Match-Trader only | Firm page |
Other October notices from the firms
- FTMO posted platform maintenance for Saturday 31 October and Sunday 1 November, and noted the clock change: MetaTrader time is GMT+3 until 2 November and GMT+2 after that (FTMO trading updates, 29 October).
- Topstep added PPI to the Tier 1 news releases covered by its restriction (help article, edited 20 October).
Methodology
Our watchdog reads each firm’s homepage, pricing pages and help centre several times a week, and saves a copy of every page it reads. For this edition we used the October runs (2–30 October) and a fresh read of eight firms’ pages on the morning of 1 November 2026. Apex Trader Funding and FundingPips block automated reads, so their rows come from our most recent check in a real browser (30 October). Every quote was matched word for word against a saved copy. The exception is Apex and FundingPips, where it was matched against our browser notes. A promo’s end time is only stated where the firm stated it; where we worked it out from a countdown timer, we say so. Rumours and third-party reports we couldn’t confirm on a firm’s own page were left out. This is not a recommendation of any firm.
How to cite this
Prop Data Lab, “State of Prop Firms, November 2026”, updated 1 November 2026, https://propdatalab.com/state-of-prop-firms-november-2026/
The table and the CSV are free to reuse under CC BY 4.0: copy, chart or republish them, commercial use included, as long as you link back to this page. Please cite the edition month, because figures change month to month.
Common questions
What changed at prop firms in October 2026?
We recorded 12 dated rule changes at 5 firms. Goat Funded Trader had the most: a 1-minute minimum hold, a VPN/VPS ban, copy trading only through its own copier, a win-versus-loss payout condition and a fee refund on the fourth payout. FTMO added a 50% consistency rule to its 1-Step Challenge, Topstep restricted new positions around Tier 1 news, MyFundedFutures redesigned its Pro Plan and Take Profit Trader changed its PRO buffer withdrawal rule.
Which prop firm discount codes work in November 2026?
On 1 November 2026 the firms' own pages showed Tradeify NOV (30%, 40% on Growth, ends 13 November), MyFundedFutures CLUB (40%) and FIFTYOFF (50%, new customers), Take Profit Trader NOFEE40 and Goat Funded Trader HALLOWEEN50 and FIRSTGFT (50%); on 2 November NOFEE50 (50%, until 9 November) and BOGO40 (40%) replaced NOFEE40 and HALLOWEEN50, and FundedNext's futures codes FNFLEX, RAPID and FNDIRECT. Apex SAVENOW was still live on 2 November (countdown to about late 4 November ET, estimated); FundingPips HALLOWEEN was last confirmed on 30 October. Check the firm's page before buying.
Did the Halloween prop firm promo codes end?
Tradeify's GEMS was replaced by NOV, and FundedNext's FNTRICK no longer appears on its CFD pages. Goat Funded Trader's HALLOWEEN50 lasted until 2 November, when BOGO40 (40%) replaced it. Apex's SAVENOW was still live on 2 November. We could not confirm whether FundingPips' HALLOWEEN ended, because its site blocks automated checks and we last saw it on 30 October.
What percentage of traders pass a prop firm evaluation?
By the firms' own figures, rechecked on 1 November 2026: Topstep 16.8% (2025), Tradeify 17.2%, MyFundedFutures 19.97% and Take Profit Trader 36.22% of tests in 2025. Definitions differ, and none of the figures is audited.