State of Prop Firms: November 2026

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.

November 2026 · covers 1–31 October 2026 · codes checked 30 Oct–2 Nov

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.

DateFirmTypeChangeFirm’s wordingSource
2026-10-06
firm-stated effective date
Goat Funded TraderTrading ruleMinimum 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 TraderProhibited practiceVPNs, 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 TraderPayout ruleNew 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 TraderPayout rulePRO 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
FTMOConsistency1-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 TraderCopy tradingCopy 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
MyFundedFuturesPlan redesignPro 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
TopstepNews tradingSim 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)
TopstepNews tradingLive 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 TraderDrawdown2 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 TraderPayoutsRoutable 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 TraderFee refundThe 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

DateFirmWhat’s newSource
2026-10-09
help article (first seen 9 Oct)
MyFundedFuturesStudio 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 FundingHomepage 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
FTMOFTMO 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)
FundedNextFutures 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 Trader2 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 TraderInstant 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
FundedNextFNL: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
The5ersSummer 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.

FirmOctober edition (2 Oct)NowTerms (as stated)StatusRead
Apex Trader FundingSAVENOW (up to 90%)SAVENOW90% 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).Live2 Nov, browser
TradeifyGEMS (30%)NOV30% 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.Live1 Nov, page code (HTTP)
MyFundedFuturesCLUB (40%)CLUB + FIFTYOFFCLUB: 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.Live1 Nov (HTTP)
Take Profit TraderNOFEE40NOFEE50NOFEE40 (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 TraderGFT45 / FIRSTGFTBOGO40 / FIRSTGFTHALLOWEEN50 (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)
FundedNextSTOCT / FNFLEX / RAPIDFNFLEX / RAPID / FNDIRECT (futures); no CFD code shownCFD 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 ended1 Nov (HTTP)
FundingPipsFP (10% / 5%)HALLOWEEN20% off for new clients, 15% for existing clients (replaced FP, which had gone to 20% on 21 October). No end date shown.Unverified30 Oct, browser (FundingPips blocks automated reads; 429 on 1 Nov)
FTMO1-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.Live1 Nov (HTTP)
TopstepResponsible Trading DiscountResponsible Trading Discount + creator codesDiscount 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).Live30 Oct (HTTP)
The5ersUnclear ($100K for $149 banner)No code; banner offersHomepage 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.Live1 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.

FirmMetricPeriodValueSource
Take Profit TraderTest pass rate2025-01-01 to 2025-12-3136.22%Firm page
TopstepCombine pass rate2025-01 to 2025-1216.8%Firm page
TopstepParticipants ever funded2025-01 to 2025-1251.8%Firm page
TopstepFunded traders paid2025-01 to 2025-1233.3%Firm page
TopstepCalled up to live2025-01 to 2025-120.71%Firm page
TradeifyEvaluation pass rate2025-08 to 2026-07 (calculated 2026-08-09)17.2%Firm page
TradeifyParticipants ever funded2025-08 to 2026-0740.3%Firm page
TradeifyFunded traders paid2025-08 to 2026-0728.5%Firm page
TradeifyCalled up to live2025-08 to 2026-073.0%Firm page
MyFundedFuturesEvaluation pass rateNot stated ('the applicable measurement period')19.97%Firm page
MyFundedFuturesParticipants ever fundedNot stated~19.95%Firm page
MyFundedFuturesFunded traders paidNot stated39.2%Firm page
MyFundedFuturesCalled up to liveNot stated4.2%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.

FirmAccepts US residents?Source
FTMOYes, through a separate US entityFirm page
TopstepYesFirm page
Apex Trader FundingYesFirm page
TradeifyYesFirm page
MyFundedFuturesYesFirm page
Take Profit TraderYes, except one US territoryFirm page
FundedNextYes, CFDs on Match-Trader onlyFirm page
The5ersYes, not on MetaTraderFirm page
Goat Funded TraderYes, not on MT5 or cTraderFirm page
FundingPipsYes, Match-Trader onlyFirm 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).
Download the dataCSV: 53 rows covering October rule changes, new products, code status on 1 November, self-reported pass rates and US access, each with the firm’s wording and a source URL. Free to reuse with a link back.
Download CSV ↓

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

How to cite · CC BY 4.0

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.