Prop Firm News (May 10–17, 2026): The Trading Pit Locks 80% Split, Topstep Reverts to Trailing Drawdown & 6 New Codes
Rule changes, trailing drawdown reversals, and six new discount codes define this week's prop firm landscape. The Trading Pit locks its profit split at 80%, Topstep reverts to trailing EOD drawdown — and traders hunting deals have six fresh codes to work with across For Traders, FXIFY, and Cointracts.
This Week at a Glance
Rule & Structure Changes
The Trading Pit — Profit Split Standardised at 80%
The Trading Pit updated its profit split structure this week, moving from a variable 50–80% range to a fixed 80% across its CFD and Futures Prime plans. The change eliminates ambiguity for new traders evaluating the firm — what you see in the headline is what you'll receive on every payout.
The firm also updated its drawdown documentation to more precisely reflect plan-specific rules: Futures Prime now shows trailing EOD drawdown of $2,000–$4,500 alongside a daily pause of $1,000–$3,000; CFD Prime $50K shows a 3% balance daily loss limit and 6% static max drawdown. These aren't new restrictions — they're clearer statements of existing rules.
Topstep — Trailing EOD Drawdown Returns
After briefly showing a static daily loss limit structure earlier this month, Topstep has reverted its drawdown documentation to trailing End-of-Day (EOD) format. The current figures are $2,000 trailing max loss ($50K account) / $3,000 ($100K) / $4,500 ($150K), applied as an EOD trailing calculation rather than a fixed floor.
Trailing drawdown is generally more restrictive than a static daily limit because your maximum allowable loss decreases as your account balance grows (up to the starting balance). For futures traders evaluating Topstep, this distinction matters: a $100K account that earns $2,000 in open trades now has a max loss floor of $98,000 — not the original $97,000 starting point.
Elite Trader Funding — Drawdown Clarified by Plan Type
Elite Trader Funding updated its drawdown documentation to be explicit about which plans carry which rules. The current structure: No drawdown on 1-Step, Static, Fast Track, and DTF plans; End-of-Day or Live Trailing drawdown applies to the EOD and Diamond Hands plans. Previously the documentation said "Static, EOD, or Trailing (varies by plan)" — helpful only if you already knew which plan mapped to which rule.
ETF is one of the few A-grade firms offering a genuinely no-drawdown option on its mainstream 1-Step plan. Grade A, up to 100% profit split, same-day approval payouts.
New Discount Codes This Week
For Traders: Two 50% Off Codes With No Expiry
For Traders added two new permanent 50% off codes this week. NEWPRO applies to the firm's Pro plan products and NEWINSTANT covers the Instant funding tier. Both codes carry no expiry date and are active in the PropFirmMap database.
For Traders has a B+ safety grade and a 4.0★ TrustPilot rating. The firm offers 80% profit splits on funded accounts with Rise and crypto payout options. Combined with the existing 6KINSTANT code (80% off the $6K Instant Crypto product), For Traders now has three active discount codes tracked on PropFirmMap.
PFM Score Movements (Week of May 10–12)
PropFirmMap's nightly scoring recalculation ran across all 65 published firms. Notable gainers this cycle:
Frequently Asked Questions
What does trailing EOD drawdown mean on Topstep?
Trailing End-of-Day (EOD) drawdown means your maximum allowable loss floor rises as your daily equity grows, but is locked in at the end of each trading day. Unlike a fixed daily loss limit, the trailing calculation tightens your margin as you accumulate open profit — making it generally more restrictive than a static daily limit.
Are the For Traders NEWPRO and NEWINSTANT codes still active?
Yes — both codes were added on May 10, 2026, with no expiry date. NEWPRO applies to Pro plan products and NEWINSTANT to the Instant funding tier. Both give 50% off. As with all codes, verify at checkout since firms occasionally retire codes without notice.
What does The Trading Pit's 80% profit split change mean for traders?
The Trading Pit previously advertised a 50–80% range depending on plan and performance tier, which created uncertainty about what traders would actually receive. The new documentation shows a fixed 80% across its main plans, removing the ambiguity. Existing funded traders should check their account terms since the firm typically documents plan-specific rules in individual agreements.
How does Elite Trader Funding's no-drawdown plan work?
ETF's 1-Step, Static, Fast Track, and DTF plans carry no daily or trailing drawdown limit. You only need to avoid breaching the overall max loss ceiling on your account. This gives traders significantly more flexibility day-to-day compared to firms with strict daily limits. The tradeoff is that challenge objectives and overall risk caps still apply.
Compare All Active Prop Firm Deals
All 6 new codes this week are live in our deals database. See the full list of active codes across 65 verified prop firms.
View All Deals → Browse FirmsRelated Reading
- Active Prop Firm Discount Codes — All 65 Firms
- Elite Trader Funding Review — Grade A, No-Drawdown 1-Step Plan
- Topstep Review — Drawdown Rules, Pricing & Verdict 2026
- Best Prop Firms with No Daily Drawdown 2026
- Prop Firm Payout Reliability Leaderboard
- Previous Week: MFF & Earn2Trade Rewrite Their Rules (May 3–10)
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