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Prop Firm News (May 3–10, 2026): MyFundedFutures & Earn2Trade Rewrite Their Rules, 4 Firms Hit Score Drops

May 10, 2026 · 7 min read · By Admin

Affiliate disclosure: This article contains links to prop firms. PropFirmMap may earn a commission if you sign up through our links, at no extra cost to you. All firm grades, TrustPilot ratings, review counts, pricing, payout rules, and active discount codes in this article were queried live from our production database on 2026-05-10.

INDUSTRY NEWS 5 FIRMS UPDATED WEEK OF MAY 3–10, 2026

Five firms changed their rules this week — four recorded score drops

The week of May 3–10 was busier than most. MyFundedFutures, Earn2Trade, Phoenix Trader Funding, Topstep, and PropFirmMap partner Elite Trader Funding all updated at least one of their core rules — drawdown limits, payout frequency, or profit split. Simultaneously, the PropFirmMap nightly scoring run logged score decreases at four firms. Here's what changed and what it means for your next challenge signup.

This week at a glance

Firm Grade TrustPilot Changed PFM Score Best Code
MyFundedFutures A+ 4.9★ / 17,493 Drawdown · Payout · Split 3.0 ↓ UNCAPPED 50%
Earn2Trade A+ 4.7★ / 4,757 Drawdown · Payout 2.8 ↓ happyapril 60%
Phoenix Trader Funding B+ 4.6★ / 243 Drawdown · Payout · Split PFMAP 30%
Topstep B+ 3.4★ / 13,955 Drawdown 2.4 No current code
Elite Trader Funding PARTNER A 4.0★ / 1,077 Drawdown · Payout · Split 2.8 ↓ REALTRADER 80%

MyFundedFutures — three rule changes in one update

MyFundedFutures

A+ Safety 4.9★ · 17,493 reviews 80–90% profit split

MyFundedFutures updated its drawdown rules, payout frequency structure, and profit split on May 9. The firm now operates four distinct plan tiers with different drawdown and payout treatment:

  • Rapid plan: 90% profit split, daily payouts, no daily loss limit.
  • Builder plan: 80% split, every 48 hours, $1,000 daily loss limit applies.
  • Pro plan: 80% split, bi-weekly payouts, no daily loss limit.
  • Flex plan: 80% split, weekly payouts, no daily loss limit.

All plans use end-of-day trailing drawdown. The PFM Score declined to 3.0 in the May 10 scoring run — the nightly scorer flags when rule complexity increases without a proportional TrustPilot improvement.

Active codes: UNCAPPED (50% off for new users) · RAPID (20% off evaluations)

Earn2Trade — drawdown and payout changes

Earn2Trade

A+ Safety 4.7★ · 4,757 reviews 80% profit split Weekly payouts

Earn2Trade updated its drawdown rules and payout frequency on May 9. The current drawdown structure is a flat 2.2% daily loss limit across all TCP plan sizes — a consistent, predictable rule whether you're on the $25K or $200K plan:

  • TCP25 ($25K): $550 daily loss limit (2.2%)
  • TCP50 ($50K): $1,100 daily loss limit (2.2%)
  • TCP100 ($100K): $2,200 daily loss limit (2.2%)
  • TCP200 ($200K): $4,400 daily loss limit (2.2%)

The PFM Score declined to 2.8. Earn2Trade remains an A+ firm with a strong TrustPilot base — the score dip reflects the scoring algorithm's sensitivity to payout and drawdown complexity changes.

Active codes: happyapril (60% off challenges) · PFMAP (50% off)

Phoenix Trader Funding — all three core rules refreshed

Phoenix Trader Funding

B+ Safety 4.6★ · 243 reviews 80% profit split On-demand within 48h

Phoenix Trader Funding updated drawdown, payout frequency, and profit split simultaneously on May 9. The current structure offers on-demand payouts (within 48 hours) on Classic and Spark evaluations, with no daily drawdown limit on those plans. The Spark Direct $2K funded account applies a 25% dynamic drawdown. Split is 80%.

At 4.6★ across 243 reviews, Phoenix has strong reviewer sentiment for its size. The score did not drop this week — rule updates at Phoenix were neutral for the scoring algorithm.

Active code: PFMAP (30% off every challenge except Merit Accounts)

Topstep — drawdown rules adjusted again

Topstep

B+ Safety 3.4★ · 13,955 reviews 90% profit split · Daily payouts
⚠ TrustPilot watch: Topstep's TrustPilot rating sits at 3.4 / 5 across nearly 14,000 reviews — a significant slide that we continue to monitor closely. Read our full trust & safety review →

Topstep updated its drawdown rules on May 10. The current daily loss limits are:

  • $50K account: $2,000 max daily loss limit (trailing EOD)
  • $100K account: $3,000 max daily loss limit (trailing EOD)
  • $150K account: $4,500 max daily loss limit (trailing EOD)

Topstep's PFM Score remains at 2.4 — the lowest among the five firms updated this week. The combination of a declining TrustPilot rating and a trailing (not static) daily drawdown rule is reflected in the score. No active promo codes are currently in our database for Topstep.

Elite Trader Funding — partner firm rewrites its terms

Elite Trader Funding

PropFirmMap PARTNER
A Safety 4.0★ · 1,077 reviews Up to 100% profit split

Elite Trader Funding — a PropFirmMap Verified Partner — updated its drawdown rules, payout frequency, and profit split on May 8, one day ahead of the other four firms. The current structure:

  • 1-Step, Static, Fast Track, and DTF plans: No daily loss limit.
  • EOD and Diamond Hands plans: End-of-day realized daily drawdown applies.
  • Payout: Same-day approval on funded accounts.
  • Profit split: Keep up to 100% of profits depending on plan.

ETF's PFM Score declined to 2.8 in the May 9 scoring run. The score drop is notable because ETF ranks as an A-grade firm with solid TrustPilot coverage — the algorithm is penalizing rule complexity. The core offering (no daily drawdown on most plans, up to 100% split, same-day payouts) remains among the most trader-friendly structures in the market.

🏷 Active partner code: REALTRADER — 80% off non-Fast-Track evaluations · Fast Track plans $40 flat · All add-ons 30% off

Score movements this week

PropFirmMap scores are calculated nightly using a combination of safety grade (A+ to F), TrustPilot rating and review volume, challenge pricing, and operational signals. A score drop does not mean a firm is unsafe — it signals that something changed in the weighted inputs. Always check the individual firm page for the current snapshot.

Firm Grade Current Score Signal
MyFundedFutures A+ 3.0 ↓ Rule complexity increase post-update
Earn2Trade A+ 2.8 ↓ Drawdown + payout change detected
Elite Trader Funding A 2.8 ↓ Multi-rule update flagged by scorer
Tradeify A 3.0 ↓ Nightly scoring adjustment

Track every rule change — automatically

The firms above updated their rules this week. Next week it'll be different firms. Our Industry Pulse tracks every rule change, price update, and TrustPilot shift across all 51 active firms in real time.

Frequently asked questions

Why did four firms drop their PFM Score in one week? +

PFM Scores are recalculated nightly. When a firm changes its drawdown or payout rules, the nightly scorer picks up the delta and adjusts. A score drop can reflect increased rule complexity, stricter drawdown limits, or changes to the payout structure — it doesn't automatically mean the firm is less safe. Always compare the grade (A+/A/B+) alongside the score when making a decision.

Is Topstep's 3.4 TrustPilot rating a red flag? +

Topstep's 3.4★ across nearly 14,000 reviews is below the industry average for a B+ safety-grade firm. It's a signal worth noting, not an automatic disqualifier. Topstep is one of the oldest US futures prop firms (founded 2012), which is why the review volume is high. We recommend reading our Topstep TrustPilot & Safety Review before deciding.

What is the REALTRADER code for Elite Trader Funding? +

REALTRADER gives you 80% off non-Fast-Track evaluation plans at Elite Trader Funding. Fast-Track plans are a flat $40. All add-ons are 30% off. This code is available through the ETF firm page on PropFirmMap, which links directly to the ETF signup page.

What's the best discount code for Earn2Trade right now? +

The best available Earn2Trade code is happyapril (60% off) — our highest-verified discount for Earn2Trade. The permanent PFMAP code gives 50% off if happyapril has expired. Check the Earn2Trade page for the latest verified codes.

Which of these five firms should I sign up with right now? +

It depends on what you trade. For futures, MyFundedFutures (A+, 4.9★, UNCAPPED 50% off) has the strongest TrustPilot base of the five. For futures with no daily drawdown, Elite Trader Funding (A, REALTRADER 80% off) is the partner pick. For Earn2Trade-specific traders, the Gauntlet Mini structure is well-established — use happyapril (60% off) to start. Use our comparison tool to filter by asset type, drawdown style, and payout speed.

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Topics: News Prop Trading