PropEd Capital Review: Plans, Rules, and How It Compares

PropEd Capital is a United States futures proprietary trading firm, operated by PropEd Capital LLC of Lansing, Michigan, with an established date of 19 September 2025. It runs simulated evaluation and instant-funding programs on an 80% profit split, with a $500 minimum payout and a biweekly default payout frequency. Trading is on Onyx, a free web-based platform built on TradingView's charting and brokerage API and fed by Rithmic market data, with the firm covering the Rithmic data fees; traders may also use R Trader Pro or another Rithmic-approved third-party screen. The catalog currently lists 16 options across four program families plus one standalone plan. Every figure below was verified against PropEd Capital's own published catalog on 19 August 2026.

Plans and pricing

PropEd Capital splits its catalog into four families. Standard Evaluation and Instant Funded are sized by notional account balance, from $25,000 to $150,000. The two TrueRisk families are sized by the drawdown amount itself, from $1,250 to $10,000, which is why their headline numbers look smaller than the Standard tiers while costing more. Evaluation plans carry a profit target; the Instant Funded and TrueRisk Instant Funded plans show a profit target of $0, meaning there is no evaluation phase to clear before the account is treated as funded. Every plan in the table below is listed at a 40% discount against its catalog list price, shown directly in the store with no coupon code published on any PropEd page. A separate plan, Nexus X5 - 50k, sits under "Other current programs" at $10 with no list price and no published payout cap.

Rules and risk mechanics

Drawdown is the only account-level risk control here: there is no daily loss limit on any plan in the catalog. Standard Evaluation and Instant Funded accounts use end-of-day drawdown, while both TrueRisk families use a static drawdown floor that does not trail. Evaluations pass in real time, the moment account balance including open unrealized profit and loss touches the target, with no requirement to close the trade or wait for an end-of-day check, and the pass holds even if the trade later reverses. There is no activation fee.

Consistency requirements vary by family: 40% on Standard Evaluation during both the evaluation and funded stages, 0% during a TrueRisk evaluation rising to 40% once funded, and 20% throughout on both Instant Funded families. There is no consistency rule on live funded accounts. Contract limits scale with size, from 1 mini on TrueRisk Eval - 1.25k to 15 minis on Standard Eval - 150k, where 1 mini equals 10 micros. News trading, scalping, expert advisors and copy trading are all permitted, as are overnight and weekday swing holds. Hedging is prohibited, including opposing positions in a contract and its mini or micro equivalent. Weekend holds are not included by default and require a paid add-on, priced at $16.35, $26.25, $42.75 and $54.75 on the four Standard Evaluation sizes.

Pros and cons

Pros

• No daily loss limit on any of the 16 catalog plans, and no activation fee on passing an evaluation.
• Evaluations pass in real time on unrealized profit, so a target hit intraday counts even if the position later reverses.
• Onyx is free to use and PropEd covers the Rithmic market data fees, so there is no separate platform or data subscription.

Cons

• The 80% base split sits below the 90% offered by several similarly priced futures firms; reaching 90% requires a checkout add-on costing 20% of the base plan price.
• Weekend holds are excluded by default and cost extra on every program.
• Hedging is prohibited, extending to opposing positions across mini and micro equivalents and across correlated index products.

How PropEd Capital compares

Against other published futures firms at a similar entry price, PropEd Capital's distinguishing feature is its split rather than its cost. Its cheapest evaluation, Standard Eval - 25k at $65.40, sits within about $5 of Goat Funded Futures at $64, OneUp Trader at $65 and CypherTicks at $69, so price alone does not separate them. All three comparison firms advertise a 90% split or higher as standard, while PropEd Capital's base is 80% with 90% available as a paid upgrade. On PropFirmMap's own scoring, OneUp Trader currently leads this group at 7.7, with PropEd Capital at 4.8, CypherTicks at 5.2 and Goat Funded Futures at 4.2. PropEd Capital and CypherTicks both hold a B safety grade.

Where PropEd Capital does differentiate is in risk mechanics and progression. The absence of any daily loss limit across the entire catalog is not universal in this price band, and the TrueRisk families offer a static drawdown floor, which behaves differently from the trailing drawdown most futures evaluations apply. PropEd Capital also publishes a live-capital pathway: after four successful payout cycles on a simulated funded account, a trader is reviewed for a live sub-account opened through Ironbeam, with a live starting balance between $2,000 and $5,000 depending on the qualifying account size and a combined live balance capped at $10,000.

Firm	Lowest listed plan	Profit split	Payout frequency	PropFirmMap score	Safety grade
PropEd Capital	$65.40 (Standard Eval - 25k)	80%	Biweekly	4.8	B
Goat Funded Futures	$64	100% first $10K, then 90%	Twice monthly	4.2	C
OneUp Trader	$65	90% (100% on first $10,000)	Same-day (bank wire)	7.7	B
CypherTicks	$69	90%	On demand	5.2	B

Verdict

PropEd Capital is a young firm, established in September 2025, with a 4.5 TrustPilot rating across 42 reviews and a B safety grade on PropFirmMap. Its catalog is unusually wide for its age, at 16 options spanning four program families, and its risk model is consistent across all of them: drawdown only, no daily loss limit, and real-time passing on unrealized profit. That combination suits traders who want intraday freedom without a daily stop-out, and who prefer a static drawdown floor to a trailing one. The 80% base split is the clearest trade-off, since several firms at the same entry price start at 90%, and recovering that difference at PropEd Capital costs 20% of the plan price as an add-on. Traders who hold positions over weekends should also price in the separate weekend-hold add-on before comparing headline plan costs.

Pricing, drawdown, consistency and payout figures in this review were verified against PropEd Capital's published catalog and FAQ pages on 19 August 2026. Prop firm terms change frequently; confirm the checkout summary and account agreement before purchasing.