Last updated: 2 October 2026 State of Prop Firms, October 2026 edition. A monthly roundup of what changed at the 10 prop firms we track: rule changes, the discounts running, the firms’ own pass-rate figures and US access. Every row links to a firm page, an archived copy or an official record. The next edition is due in early November 2026.
17 rule changes since 1 June 2026, across 8 firms. The most were at Take Profit Trader (4) and Goat Funded Trader (4). By type: product 5, price 4, rules 3, payout 2, consistency 1, availability 1, drawdown 1. The latest is Topstep raising its Combine consistency target from 50% to 55% (archived 14 September).
All 10 firms were advertising a code or special offer at the start of October. Stated discounts run from 10% (FundingPips’ FP, for new users) to Apex’s “up to 90% off” (SAVENOW). The5ers’ own page shows two different 100K prices. Two codes have stated end dates this month: Tradeify’s GEMS (15 October) and Apex’s SAVENOW (13 October, though Apex often extends it).
Fewer than 1 in 5 pass, by the firms’ own figures. Pass rates: Topstep 16.8% (2025), Tradeify 17.2% and MyFundedFutures 19.97%. Moved to a live account: 0.71%, 3.0% and 4.2% respectively. All are self-reported and unaudited.
All 10 of 10 tracked firms accept US residents in some form. Many limit it to particular platforms or a separate US entity. FundingPips, FundedNext and Goat Funded Trader each exclude some trading platforms for US residents.
New this month: who owns each firm, how a 50K drawdown compares with market volatility (one NQ contract moved more than the $2,000 drawdown on 184 of the last 252 trading days), and a primary-source explainer on US legality.
Rule changes since 1 June 2026
From our Rule Change Index. Dates are firm-stated where the firm gave one. Otherwise the date is the archive capture or our log date, which marks the latest the change could have happened (an upper bound).
| Date | Firm | Type | Change | Evidence |
|---|---|---|---|---|
| 2026-09-14 archive capture (upper bound) | Topstep | consistency | Trading Combine consistency target raised from 50% to 55%, and the hidden buffer removed | Archive |
| 2026-08-26 our log publication date (upper bound) | FundedNext | product | Futures Rapid split into Rapid Pro and Rapid Daily | Our log |
| 2026-08-26 our log publication date (upper bound) | MyFundedFutures | price | Monthly subscriptions ended; one-time purchases with $0 activation fee | Our log |
| 2026-08-26 our log publication date (upper bound) | Take Profit Trader | price | Commissions: futures $5.00 → $4.50 per round trip, micros $0.50 → $1.50 | Our log |
| 2026-08-17 firm-stated | Take Profit Trader | rules | Evaluation minimum cut from 5 trading days to 3 (accounts bought from 17 Aug 2026, per our 26 Aug check) | Archive |
| 2026-08-06 our log publication date (upper bound) | Apex Trader Funding | price | 25K evaluation price cut $199 → $167 | Our log |
| 2026-08-06 our log publication date (upper bound) | Apex Trader Funding | product | Legacy Accounts reinstated for a limited time | Our log |
| 2026-08-06 firm-stated (per our log) | FundingPips | availability | US traders accepted again, Match-Trader platform only (reverses July US block) | Our log |
| 2026-08-06 our log publication date (upper bound) | FundingPips | product | 1-Step model discontinued, replaced by 1-Step Flex | Our log |
| 2026-08-06 our log publication date (upper bound) | Take Profit Trader | rules | New 'Sustainable Trading Policy' added | Our log |
| 2026-08-04 archive capture (upper bound) | Goat Funded Trader | payout | First on-demand reward now requires at least 3% profit on the account | Archive |
| 2026-08-04 archive capture (upper bound) | Tradeify | price | Select 50K evaluation reset fee raised from $99 to $109 | Archive |
| 2026-08-01 firm-stated (per our log) | Goat Funded Trader | drawdown | 1-Step daily drawdown tightened 4% → 3% (accounts from 1 Aug 2026) | Our log |
| 2026-07-25 firm-stated | Goat Funded Trader | rules | Funded-stage minimum trading days per payout raised from 3 to 4 on 1-Step, 2-Step Standard, 2-Step GOAT and 3-Step (new accounts from 25/27 July 2026) | Archive |
| 2026-07-24 firm-stated (per our log) | FundingPips | product | 10% profit-target option removed from 2-Step Standard (8% only) | Our log |
| 2026-07-20 firm-stated (per our log) | Take Profit Trader | payout | Payouts automated: account-to-wallet step now processes in seconds (was up to 12 business hours) | Our log |
| 2026-06-13 firm-stated (per our log) | Goat Funded Trader | product | 2-Step Pro discontinued for new purchases | Our log |
Discounts running at the start of October
| Firm | Code | Terms (as stated) | Firm’s wording | Checked | Source |
|---|---|---|---|---|---|
| Apex Trader Funding | SAVENOW | Up to 90% off evaluations; page countdown ends 13 Oct 2026, 11:59 PM ET (Apex often extends it). Not valid on resets or activation fees. | “ANY SIZE EVALS UP TO 90% OFF” | 1 Oct (browser) | Firm page |
| Tradeify | GEMS | 30% off; ends 15 October, 11:59 PM EST (rendered banner, re-checked 5 Oct) | “monthlyCode: 'GEMS'” | 2 Oct | Firm page |
| MyFundedFutures | CLUB | 40% off any plan; 50% off a first evaluation for new customers | “Save 40% On Any Plan With Code CLUB.” | 2 Oct | Firm page |
| Take Profit Trader | NOFEE40 | 40% off for life and no activation fee | “Get 40% Off For Life + Never Pay An Activation Fee!” | 2 Oct | Firm page |
| Goat Funded Trader | GFT45 / FIRSTGFT | 45% off; 50% off a first account for new customers | “Limited Time 45% OFF CODE: GFT45 50% OFF for New Customers CODE: FIRSTGFT” | 2 Oct | Firm page |
| FundedNext | STOCT / FNFLEX / RAPID | Codes attached to plans in the page data (Stellar, Futures Flex and Rapid) | “"promoCode":"STOCT"” | 2 Oct | Firm page |
| FundingPips | FP | FP: 10% off for new users, 5% for existing users (HELLO, 20% off a first purchase, no longer listed as of 5 Oct) | “Use Code FP: 10% OFF New Users | 5% OFF Existing Users” | 1 Oct (browser) | Firm page |
| FTMO | None needed | Special offer on the 100K 1-Step Challenge | “1-Step FTMO Challenge $100K Special Offer Take your 1-Step to gain your FTMO Account. Claim 20% Off” | 2 Oct | Firm page |
| Topstep | None needed (Responsible Trading Discount) | $10 / $20 / $30 off No Activation Fee Combines (50K/100K/150K) when you add a daily loss limit | “There's now a Responsible Trading Discount when you add a DLL at purchase” | 2 Oct | Firm page |
| The5ers | Unclear | Homepage banner advertises 100K for $149, but the plan table on the same page shows the 100K 1-Step at $249 | “Limited Time Offer! Industry's Lowest $100K For $149” | 1 Oct (browser) | Firm page |
“1 Oct (browser)” means we checked it in a real browser on 1 October, because the firm blocks automated fetches. “2 Oct” means a saved copy of the page from 2 October contains the wording quoted. Codes change often, so check the firm’s page before you buy. Live prices are in our Discount Tracker and True Cost Index.
Pass rates the firms publish
| 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 versus people, and different time windows), so read the definitions in the Pass Rate Registry before comparing them.
US access
| 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 |
The details, including state exclusions and platform limits, are in the US Availability Tracker. For the legal background, see Are Prop Firms Legal in the US?
New on Prop Data Lab this month
- Who Owns Your Prop Firm?: the operating companies and registries behind 10 brands
- Drawdown vs volatility: the $2,000 drawdown on a 50K account set against market moves, using FRED data
- Are Prop Firms Legal in the US?: statutes, CFTC rules and the My Forex Funds record
- Micro futures vs the prop boom, Popularity Index, Payout Friction Index, regulator warnings and Open Rules Dataset
More October 2026 data: Website Health Check (Lighthouse, TLS, domain age, Tranco rank) and Search Interest by State (Google Trends).
Methodology
Discounts come from our watchdog baseline, verified on firm pages on 1 October 2026, and were rechecked against copies saved on 2 October 2026 wherever the firm allows automated fetches. Every quote was checked word for word against the saved copy or our browser-pass notes. Rule changes are the rows in our Rule Change Index dated 1 June 2026 or later, counted only where both quotes were verified. Pass rates and US access come from our registry and tracker, which cite each firm’s own page. Nothing here is estimated. A row is either a firm’s own wording or an archived capture. This is not a recommendation of any firm.
How to cite this
Prop Data Lab, “State of Prop Firms, October 2026”, updated 2 October 2026, https://propdatalab.com/state-of-prop-firms-october-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 September 2026?
In our Rule Change Index, the latest recorded change is Topstep raising its Trading Combine consistency target from 50% to 55% and removing a hidden buffer (archived 14 September 2026). Between June and September we recorded 17 changes across 8 firms.
What prop firm discount codes are active in October 2026?
At the start of October: Apex SAVENOW (up to 90% off evaluations), Tradeify GEMS (30%, stated end 15 October), MyFundedFutures CLUB (40%), Take Profit Trader NOFEE40 (40% off for life), Goat Funded Trader GFT45 (45%), FundingPips FP, and FundedNext's plan codes STOCT, FNFLEX and RAPID. Check the firm's page before buying.
What percentage of traders pass a prop firm evaluation?
By the firms' own figures: Topstep 16.8% (2025), Tradeify 17.2% and MyFundedFutures 19.97%. Take Profit Trader reports 36.22% of tests passed in 2025. Definitions differ between firms, and none of these figures is audited.