Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

PropEd Capital PropEd Capital
Traders Launch Traders Launch
PropEd Capital Get Started
Traders Launch 6.3 Get Started
Overview
Asset Type Futures Futures
Country United States United States
Established Sep 2025 Jan 2023
Technology White-Label White-Label
Platforms R | Trader Pro, Rithmic Trading View, Quantower, Volumetrica
Trading Rules
Profit Split 80% Best 80%
Daily Drawdown None (no daily loss limit) EOD trailing drawdown — locks at starting balance when profitable
Payout Frequency Biweekly Daily
Eligible for payouts once +1% funded. No time restriction on withdrawals.
Direct Path to Funded ✗ No ✓ Yes
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Fully published catalog: price, profit target, drawdown, withdrawal buffer, consistency, minimum payout and payout cap are listed per plan on /plans and /faq before checkout. One-time fee with no activation fee (the funded account is created automatically on passing). Real-time passing on unrealized P&L: the evaluation passes the moment balance plus open P&L touches the target. EOD-only drawdown with no daily loss limit. Overnight and weekday swing holds allowed (no forced 3:45 PM Eastern close). News trading, scalping, EAs/bots and copy trading permitted. 80% profit split with a 90/10 add-on. Live average payout time of 1 hr 19 min displayed on the homepage with dated payout certificates (most recent 2026-08-03). Free Onyx web platform plus Rithmic data fees covered by the firm. A documented path from sim-funded to a live Ironbeam sub-account after 4 payout cycles. TrustPilot 4.5 from 42 reviews.
  • One-time evaluation fee — no monthly subscription, Daily payouts once funded (no waiting period), No time restrictions on withdrawals, No consistency rule in funded stage, No payout caps, Zero fees once funded, Drawdown locks at starting balance when profitable
Main Drawbacks
  • Very new company: Michigan LLC created 2025-09-19 and the TrustPilot profile was only claimed in November 2025, so there is a short track record. Weekend holding is not included, it requires a paid add-on ($16.35 to $194.85 depending on plan). Hedging is banned, including offsetting mini/micro pairs and opposing positions in correlated index complexes. Payout caps are per plan and low relative to account size ($1,000 to $5,000 per payout) with a $500 minimum and a biweekly default frequency. TrueRisk Instant Funded plans require a 120% withdrawal buffer. Live capital is capped at a combined $10,000 and you cannot hold sim-funded accounts while a live account is open. Maximum 5 funded accounts. The firm is not regulated by any financial authority and states it is not a broker, FCM, CTA or exchange. Payout methods are not published on any public page. Available account rules are described as catalog-defined and the checkout summary and account agreement are stated to override the marketing pages.
  • Futures and crypto only — no forex or CFD, 40% best-day consistency rule applies during evaluation, Limited to 22-Hour or NYC session trading windows
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

PropEd Capital Challenges

15 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$109 $65.4
Catalog list price $109, currently displayed sale price $65.4 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$25K 1 Step P1: $1,500
 P1: -
P1: $1,000 (eod)
 80% None
$175 $105
Catalog list price $175, currently displayed sale price $105 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$50K 1 Step P1: $3,000
 P1: -
P1: $2,000 (eod)
 80% None
$179 $107.4
Catalog list price $179, currently displayed sale price $107.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$1.25K 1 Step P1: $1,875
 P1: -
P1: $1,250 (Static)
 80% None
$285 $171
Catalog list price $285, currently displayed sale price $171 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$100K 1 Step P1: $6,000
 P1: -
P1: $4,000 (eod)
 80% None
$319 $191.4
Catalog list price $319, currently displayed sale price $191.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$2.5K 1 Step P1: $3,750
 P1: -
P1: $2,500 (Static)
 80% None
$365 $219
Catalog list price $365, currently displayed sale price $219 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$150K 1 Step P1: $9,000
 P1: -
P1: $6,000 (eod)
 80% None
$499 $299.4
Catalog list price $499, currently displayed sale price $299.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$5K 1 Step P1: $7,500
 P1: -
P1: $5,000 (Static)
 80% None
$599 $359.4
Catalog list price $599, currently displayed sale price $359.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$50K Instant P1: $0
 P1: -
P1: $2,500 (eod)
 80% None
$649 $389.4
Catalog list price $649, currently displayed sale price $389.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$2.5K Instant P1: $0
 P1: -
P1: $2,500 (Static)
 80% None
$799 $479.4
Catalog list price $799, currently displayed sale price $479.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$10K 1 Step P1: $15,000
 P1: -
P1: $10,000 (Static)
 80% None
$949 $569.4
Catalog list price $949, currently displayed sale price $569.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$100K Instant P1: $0
 P1: -
P1: $5,000 (eod)
 80% None
$1049 $629.4
Catalog list price $1,049, currently displayed sale price $629.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$5K Instant P1: $0
 P1: -
P1: $5,000 (Static)
 80% None
$1299 $779.4
Catalog list price $1,299, currently displayed sale price $779.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$150K Instant P1: $0
 P1: -
P1: $7,500 (eod)
 80% None
$1399 $839.4
Catalog list price $1,399, currently displayed sale price $839.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$7.5K Instant P1: $0
 P1: -
P1: $7,500 (Static)
 80% None
$1749 $1049.4
Catalog list price $1,749, currently displayed sale price $1,049.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$10K Instant P1: $0
 P1: -
P1: $10,000 (Static)
 80% None

Traders Launch Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$20
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP; up to $100K buying power 		$5K 1 Step P1: 4%
 P1: 4% daily limit
P1: 4% daily limit
 80% None
$69
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP 		$10K 1 Step P1: 5%
 P1: 5% daily limit
P1: 5% daily limit
 80% None
$159
22-Hour Session, 80% split; one-time fee; 2 Mini / 20 Micros starting size 		$100K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
$199
Crypto 80% split; one-time fee; 5x leverage; BTC/ETH/SOL/XRP 		$20K 1 Step P1: 7.5%
 P1: 7.5% daily limit
P1: 7.5% daily limit
 80% None
$299
22-Hour Session, 80% split; one-time fee; 4 Mini / 40 Micros starting size 		$200K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
$599
22-Hour Session, 80% split; one-time fee; 6 Mini / 60 Micros starting size 		$300K 1 Step P1: 2%
 P1: 1% EOD balance
P1: EOD trailing; locks at starting balance when profitable
 80% None
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