Table of Contents
Advantages and disadvantages of instant funding prop trading firms
- Instant access to funded simulated trading account without the need to go through a challenge or qualification stage.
- Instant funding eliminates the uncertainty of whether to pass or fail a number of trading challenges, which may relieve psychological pressure to perform for certain types of traders.
- Higher cost to get started compared to firms with trading challenge model. especially for overly confident traders who end up repeatedly purchasing additional instant funded accounts after blowing their account(s).
- Profitable traders are moved to a live prop account without any tangible benefit attached to it, consider moving from prop firm to retail account after receiving a sizeable payout(s).
Comparison table of instant funding futures prop trading firms
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Lucid Trading Direct Funding |
TickTickTrader Straight 2 Funding |
Tradeify Lightning Funded |
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Pricing for 150K account |
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| Account sizes | $50 | 150 K | $50 | 100 | 150 | 250K | $50 | 100 | 150K |
| Max position E-Mini | 4 | 10 | 5| 10 | 15 | 25 | 4 | 8 | 12 |
| Regular price | $489 | 699 | $629 | 699 | 999 | $375 | 549 | 629 | 699 |
| Drawdown | $2000 | 6000 | 5% End-of-Day | 4% ($6000) EoD |
| Daily loss limit | $1200 | 3600 | 2.5% ($3,750) | 2.5% ($3,750) |
| Consistency rule | 20% | 20% | 20% |
| Payout threshold | 7% | 5% | 6% |
| Profit split | 100% of first $1000, 90% after | 90% | 90% |
| RT-commissions e-micros | e-minis | $1 | $3.50 | $1.20 | $5 | $1.82 | $5.76 |
| Platform/Data feed | Project X (Quantower) | Rithmic | ProjectX CQG | Tradovate | Project X | Tradovate |
| EUREX | |||
| Microscalping allowed | Max. 50% of profit from trades < 5 seconds | Max. 50% of profit from trades < 10 seconds | |
| Based in | Albany, NY, USA | Isle of Man | Boca Raton, FL, USA |
| In business since | 2024 | 2022 | 2024 |
| Newstrading allowed | |||
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Comparison table of equity prop trading firms
ZIMTRANo PDT proprietary trading |
FONDEXXLeveraged Prop Trading |
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Leverage starting at |
10:1
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30:1
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| Min. performance bond | $1000 | $500 |
| Commission 0-250K | $0.0015/share | $0.003/share |
| Commission 250K-5M | $0.0010/share | $0.003/share |
| Trading platforms | BlackArrow Ultra, Sterling Trader Pro, DAS Trader Pro | Sterling Trader Pro/LS, DAS Trader Pro, Takion, Alpha Trader |
| Zero fee route available | Yes | No |
| Profit split | 90/10 | 90/10 |
| Payout cycle | End of calendar month | Anytime |
| Regulated by Financial Authority | Registered with the Cayman Islands Monetary Authority - Reg. No. 1597816 | No |
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FAQ - Equity vs. Futures Prop Trading
Futures prop firms require a one-time non-refundable fee to get started. In contrast, equity prop trading firms ask for a fully refundable performance bond that can be withdrawn from the account given it is still in good standing.
The performance bond at equity prop trading firms covers potential losses as well as the costs for the trading platform and data fees. It is fully refundable and can be withdrawn from the account given it is still in good standing.
No. Trades are done in a live environment and directly sent to the exchanges as they offer Direct Market Access trading.
DISCLAIMER
CEED.trading does not assume any liability for the accuracy or correctness of the information presented on this page or website as it may not be up-to-date or inaccurate at the time of writing.
Please always double-check and base your purchasing decisions solely on the information of the respective service provider’s website!
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