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PropEd Capital
Futures Prop Firm
Legal Company Name:
PropEd Capital LLC
Location:
Lansing, Michigan, United States
Leadership:
Co-founder: Ethan Warmuskerken
Our Summary
PropEd Capital is a futures-focused prop firm built around one-time-fee evaluation and instant-funded models, with browser-based Onyx execution, Rithmic-backed data, and a ruleset that emphasizes no daily loss limits and straightforward payout terms.
Trading Plans
Explore each plan's phases, price, payout timing, and requirements.
Standard Eval
4
1
Evaluation
Evaluation
Account Size:
$25,000 account size
Profit Target:
$1,500
Max Daily Loss:
No daily loss limit
Max Drawdown:
$1,000 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
3
Micros Equivalent:
30
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 4% EOD trailing drawdown, 6% target, no time limit.
Evaluation Fee:
$109
2
Funded
Sim-Funded
Account Size:
$25,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$1,500
Max Daily Loss:
No daily loss limit
Max Drawdown:
$1,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
3
Micros Equivalent:
30
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Evaluation
Evaluation
Account Size:
$50,000 account size
Profit Target:
$3,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$2,000 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
5
Micros Equivalent:
50
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 4% EOD trailing drawdown, 6% target, no time limit.
Evaluation Fee:
$175
2
Funded
Sim-Funded
Account Size:
$50,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$3,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$2,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
5
Micros Equivalent:
50
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Evaluation
Evaluation
Account Size:
$100,000 account size
Profit Target:
$6,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$4,000 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
10
Micros Equivalent:
100
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 4% EOD trailing drawdown, 6% target, no time limit.
Evaluation Fee:
$285
2
Funded
Sim-Funded
Account Size:
$100,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$4,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$4,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
10
Micros Equivalent:
100
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Evaluation
Evaluation
Account Size:
$150,000 account size
Profit Target:
$9,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$6,000 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
15
Micros Equivalent:
150
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 4% EOD trailing drawdown, 6% target, no time limit.
Evaluation Fee:
$365
2
Funded
Sim-Funded
Account Size:
$150,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$5,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$6,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
15
Micros Equivalent:
150
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
Prime Eval
4
1
Evaluation
Evaluation
Account Size:
$25,000 account size
Profit Target:
$2,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$1,500 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
3
Micros Equivalent:
30
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 6% EOD trailing drawdown, 8% target, no time limit.
Evaluation Fee:
$189
2
Funded
Sim-Funded
Account Size:
$25,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$1,500
Max Daily Loss:
No daily loss limit
Max Drawdown:
$1,500 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
3
Micros Equivalent:
30
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Evaluation
Evaluation
Account Size:
$50,000 account size
Profit Target:
$4,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$3,000 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
5
Micros Equivalent:
50
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 6% EOD trailing drawdown, 8% target, no time limit.
Evaluation Fee:
$269
2
Funded
Sim-Funded
Account Size:
$50,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$3,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$3,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
5
Micros Equivalent:
50
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Evaluation
Evaluation
Account Size:
$100,000 account size
Profit Target:
$8,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$6,000 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
10
Micros Equivalent:
100
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 6% EOD trailing drawdown, 8% target, no time limit.
Evaluation Fee:
$399
2
Funded
Sim-Funded
Account Size:
$100,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$4,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$6,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
10
Micros Equivalent:
100
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Evaluation
Evaluation
Account Size:
$150,000 account size
Profit Target:
$12,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$9,000 (EOD)
Min Trading Days:
days
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
15
Micros Equivalent:
150
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Quick Rules Summary:
- One-phase eval, 6% EOD trailing drawdown, 8% target, no time limit.
Evaluation Fee:
$529
2
Funded
Sim-Funded
Account Size:
$150,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 40% consistency rule, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; default cadence is 14 days.
Payout Cap:
$5,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$9,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
15
Micros Equivalent:
150
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 40% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- Funded account after one-phase eval with default 14-day payout cadence.
3
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
Instant Funded
3
1
Funded
Sim-Funded
Account Size:
$50,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$3,000
Buffer Amount:
$3,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$2,500 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
3
Micros Equivalent:
30
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. Funded immediately after agreement signing.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Funded
Sim-Funded
Account Size:
$100,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$4,000
Buffer Amount:
$6,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$5,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
6
Micros Equivalent:
60
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. Funded immediately after agreement signing.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Funded
Sim-Funded
Account Size:
$150,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$5,000
Buffer Amount:
$9,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$7,500 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
9
Micros Equivalent:
90
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. Funded immediately after agreement signing.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
Mega Drawdown
2
1
Funded
Sim-Funded
Account Size:
$25,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$2,000
Buffer Amount:
$6,250
Max Daily Loss:
No daily loss limit
Max Drawdown:
$12,500 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
4
Micros Equivalent:
40
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. 50% drawdown model with immediate funded access.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Funded
Sim-Funded
Account Size:
$50,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$3,000
Buffer Amount:
$12,500
Max Daily Loss:
No daily loss limit
Max Drawdown:
$25,000 (EOD)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
7
Micros Equivalent:
70
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. 50% drawdown model with immediate funded access.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
TrueRisk
4
1
Funded
Sim-Funded
Account Size:
$2,500 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$3,000
Buffer Amount:
$3,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$2,500 (STATIC)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
3
Micros Equivalent:
30
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. Static drawdown model where the account breaches only if balance hits $0.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Funded
Sim-Funded
Account Size:
$5,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$4,000
Buffer Amount:
$6,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$5,000 (STATIC)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
6
Micros Equivalent:
60
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. Static drawdown model where the account breaches only if balance hits $0.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Funded
Sim-Funded
Account Size:
$7,500 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$5,000
Buffer Amount:
$9,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$7,500 (STATIC)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
9
Micros Equivalent:
90
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. Static drawdown model where the account breaches only if balance hits $0.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
1
Funded
Sim-Funded
Account Size:
$10,000 account size
Min Payout:
500
Payout Wait:
days
Payout Requirements:
- Requires 5 or more trading days with at least $100 daily PnL, compliance with the 20% consistency rule, withdrawal buffer cleared on the first payout, a minimum $500 payout amount, and at least 14 days since account creation or the last payout.
Payout Interval:
Every days
Payout Request Eligibility:
- Weekly and daily payout upgrades are optional add-ons; withdrawal buffer applies to the first payout.
Payout Cap:
$5,000
Buffer Amount:
$12,000
Max Daily Loss:
No daily loss limit
Max Drawdown:
$10,000 (STATIC)
Profit Split:
80%
News Trading:
News trading is allowed, including NFP, FOMC, and CPI, subject to consistency/risk rules.
Max Contracts:
9
Micros Equivalent:
90
Max Sim Accounts:
5
Consistency Rules:
- Single best trading day cannot exceed 20% of total profits.
Payout Restrictions:
- Standard payout cadence is every 14 days from account creation or the last payout.
- Optional weekly and daily payout add-ons are advertised on the Plans page.
Quick Rules Summary:
- No evaluation. Static drawdown model where the account breaches only if balance hits $0.
2
Live Funded
Live-Funded
Overview:
- After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account.
- The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits after the fourth payout, capped at 50% of the plan's starting balance.
- The live-transition article says live accounts have no payout cap and no consistency check, while the profit split still applies.
Dashboard Quick Rules:
- Live review after 4 successful payout cycles; no live payout cap or live consistency check.
Allowed Trading Instruments
Offered Asset Classes
Currencies
Equity Indices
Metals
Commodities
Energy
Crypto
Futures - Commodities
Futures - Currencies
Published futures instruments include stock index, energy, metals, agricultural, currency, treasury, and crypto futures: ES/MES, NQ/MNQ, YM/MYM, RTY/M2K, CL/MCL, NG/QM, GC/MGC, SI/SIL, HG, PL, ZC/ZW/ZS/ZM/ZL, 6E/6J/6B/6A/6C/6S/6N/6M, ZB/ZN/ZF/ZT/GE, BTC/MBT/ETH/MET.
Restricted Countries 0
No specific restricted-country list was found in the reviewed official public website/help-center corpus, though the FAQ navigation includes a Restricted Countries heading.
Countries and Jurisdictions With Different Handling
PropEd states that it provides simulated evaluation programs for educational purposes only, does not offer brokerage or investment services, and does not trade live funds during the evaluation process.
Commissions
Execution-related costs such as commissions, per-contract fees, data fees, spreads, swaps, and other trading costs; plan purchase fees and activation fees are shown separately.
Plans are sold as one-time fees with no monthly subscriptions and no activation costs.
General Policies
Algorithm & EA Policy
Manual trading only for automated execution: PropEd says EAs and automated trading bots are not allowed because of platform technical limitations. Copy trading is permitted when using Onyx built-in copy trading.
Permitted styles include day trading/scalping, swing/overnight trading, news trading, and Onyx copy trading. EAs, bots, and automated trading are not allowed in the help-center automation article.
Copy Trading
Onyx has built-in copy trading to mirror trades from one PropEd account to others within the platform; usage remains subject to each account rule set.
Business Entity Accounts
Allowed
Microscalping Policy
Scalping is listed among allowed trading styles; no separate microscalping restriction was published in the reviewed official corpus.
Bots Policy
EAs and automated trading bots are not allowed; manual trading only.
Allowed Trading Hours
FAQ/help-center pages say traders may trade 24/5 during futures market hours and hold positions overnight during the week, with Friday auto-close at 3:45 PM Eastern and no weekend holds unless using the separate weekend-hold add-on. The Terms page still contains a stricter day-trading/no-overnight liquidation clause, so the public corpus is inconsistent.
Weekend Holding Policy
Weekend holds are described in the help center as requiring a one-time add-on; the restricted-times article says positions are auto-closed Friday at 3:45 PM Eastern and no weekend holds are allowed without that add-on.
Move to Live Criteria
After four successful payout cycles on a funded account, PropEd reviews that account for transition to a live funded account. The live starting balance equals the plan's initial drawdown amount plus 50% of remaining sim profits, capped at 50% of the plan's starting balance.
Rule Enforcement Notes
Max-drawdown breach is a hard breach and closes the account. Terms also reserve enforcement actions for prohibited trading, including failing/breaching the account, removing profits, terminating participation, or declining funded status.
Refund Policy
Fees are final and non-refundable once a trade has been placed. PropEd may consider a discretionary refund only if no trade has ever been placed on the purchased account and the trader contacts PropEd within a reasonable time after purchase.
Activation Fee Policy
No activation fees are charged on PropEd plans.
Reset Notes
If an evaluation fails or max drawdown is hit, the account is hard breached and closed; PropEd says the trader receives an email discount code to purchase another account at a reduced rate. Public pages also advertise one-time pricing with no rebills.
Payout Notes
Change Log
Current News / Promotions
PropEd Capital Launches TrueRisk Accounts and Rolls Out Major Platform Upgrades
PropEd Capital, the Lansing, Michigan-based prop firm, has introduced a new account type called TrueRisk alongside a significant overhaul of its trading platform. TrueRisk Accounts: Up to 100% Drawd… Read more →
View All News for PropEd Capital
Help & Resources
https://propedcapital.zendesk.com/hc/en…
Address:
405 W. Greenlawn Ave. #G11, Lansing, MI 48910
Reviews
No Trustpilot profile is linked for this firm yet.
Trust & Risk Notes
No official public warning, shutdown/rebrand notice, or similar trust notice was found in the reviewed official public corpus.
Execution Platforms
ONYX
PropEd Nexus
Account & Connection Options
- Every PropEd account includes PropEd Nexus for account management and Onyx for browser-based trading with TradingView charts and Rithmic data.
Platform Notes
- PropEd accounts use PropEd Nexus for dashboards/account management and Onyx, a browser-based trading environment powered by Rithmic data and TradingView charting/order-entry integration.
Trading Software
Languages Supported
English
1 languages
Holiday Notes
HEADS UP: Prop firms change their plans and rules all the time, and tracking it all sometimes seems impossible. We try to stay current but can't guarantee every detail is up to date. See something wrong? Let us know!
Risk & Affiliate Disclosure
Please manage risk carefully when using any prop firm. Trading involves substantial risk, and you can lose part or all of the money you spend on evaluations, subscriptions, or related services. Never invest money you cannot afford to lose.
Prop firm terms, payout policies, and account rules can change at any time, including updates that affect existing accounts. Always confirm current terms directly on the firm's official site before purchasing.
Some links and discount codes on this site may be affiliate links, which means may receive a small commission if you choose to use them - at no cost to you - so please do use them and help support this site. Win win (-:
Commentary and reviews on these pages reflect our editorial judgment based on available public information, trader reports, researching community forums, and direct testing where applicable. Ongoing updates are published at happydogtrading.com.
Legal Notice
- While we strive to provide accurate and up-to-date information, is not liable for any errors, omissions, or inaccuracies in the data presented. Users should verify all information directly with the respective prop firm as the authoritative source of truth before making any decisions.
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