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PropEd Capital

United States United States Futures Est. Sep 2025
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Verified by PropFirmMap Top-rated 4.5★ on TrustPilot Challenges from $65 80% profit split Biweekly payouts
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Profit Split 80%
Technology White-Label
Daily Drawdown None (no daily loss limit)
Payout Reliability B Biweekly See full leaderboard

Composite Trust Score

Multi-source aggregate of every verified trust signal we hold on PropEd Capital. Methodology →

v1.0 · PropFirmMap
TrustPilot Rating 4.5
22.5 / 25 pts
Review Volume 42
8.1 / 20 pts
PropFirmMap Safety Grade Not assessed
0.0 / 20 pts
Operational Longevity 0.9 yrs
2.6 / 15 pts
PropFirmMap Verification Freshness 2026-08-04
10.0 / 10 pts
Verified Partner Vetting No
0.0 / 10 pts
Reputation Penalty None
0 pts
Price Account Size Account Name Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee Notes
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
$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% Details
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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.

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.

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TrustPilot
4.5/5 (42 reviews)
Payment Methods
Crypto Crypto
Credit Card Credit Card
Bank Transfer Bank Transfer
Trading Platforms
R | Trader Pro R | Trader Pro
Rithmic Rithmic
About PropEd Capital

PropEd Capital is a United States futures proprietary trading firm operated by PropEd Capital LLC of Lansing, Michigan. It runs four simulated evaluation and instant-funding programs (Standard Evaluation, TrueRisk Evaluation, Instant Funded and TrueRisk Instant Funded) across 15 catalog options from $1,250 to $150,000, all 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 Rithmic data fees; traders may also use R Trader Pro or any Rithmic-approved third-party screen. Accounts use end-of-day drawdown with no daily loss limit, allow overnight and weekday swing holds, news trading, scalping, EAs and copy trading, and pass in real time on unrealized profit with no activation fee. After 4 successful sim-funded payout cycles a trader is reviewed for a live sub-account opened through Ironbeam, with a live starting balance of $2,000 to $5,000 by qualifying account size and a combined live balance capped at $10,000. Hedging is prohibited and weekend holds require a paid add-on.

Payout Frequency Biweekly
Days to First Payout Not disclosed
Profit Split 80%
Processing Time Live average payout time 1 hr 19 min, displayed on the homepage and updated with each paid payout. The Terms state this displayed processing speed is a live historical average, not a deadline or guarantee for an individual payout.
Get funded
? Min trading days
? First payout eligible
Biweekly
Amounts
Minimum withdrawal$500
Maximum per payout TrueRisk Eval - 10k $10K $3,000 TrueRisk - Instant Funded - 10k $10K $5,000 TrueRisk Eval - 5k $5K $2,000 TrueRisk - Instant Funded - 5k $5K $4,000 Standard Eval - 25k $25K $1,500 Standard Eval - 50k $50K $3,000 Instant Funding - 50k $50K $3,000 Standard Eval - 100k $100K $4,000 Instant Funding - 100k $100K $4,000 Standard Eval - 150k $150K $5,000 Instant Funding - 150k $150K $5,000 TrueRisk Eval - 2.5k $2.5K $1,500 TrueRisk - Instant Funded - 2.5k $2.5K $3,000 TrueRisk Eval - 1.25k $1.25K $1,000 TrueRisk - Instant Funded - 7.5k $7.5K $5,000
Profit buffer requiredVaries by program: $0 on Standard Eval and TrueRisk Eval (0% on TrueRisk Eval - 1.25k), 6% on Instant Funding, 120% on TrueRisk Instant Funded.
Split scaling90/10 Profit Split add-on available at checkout: keep 90% instead of 80%, costs 20% of the base plan price.
Requirements
Min trading daysNot publicly disclosed
Consistency for payoutFunded consistency is 40% on Standard Eval and TrueRisk Eval, and 20% on Instant Funding and TrueRisk Instant Funded. There is no consistency rule on live funded accounts.
Eval fee refunded on 1st payoutNot publicly disclosed
Payout proof / KYCRequired
Proof detailPropEd may require identity, address, payment, device, sanctions, fraud, tax, or payout verification. Information must match the person who owns and trades the account. Payouts or access may be held while a required verification or compliance review is completed. A valid dashboard-eligible request will be paid, subject to identity, sanctions, tax, payment-destination, fraud, and legally required compliance checks.
ScheduleDefault Frequency is Biweekly on every one of the 15 catalog plans (/faq/payouts-profit-splits). A Weekly Payouts add-on is offered at checkout: get paid every 7 days instead of every 14. On a live funded account withdrawals are completely at will, up to once per day, with no biweekly cap and no waiting period.
Additional payout notes

Minimum payout is $500 on all 15 plans. The per-payout cap varies by plan from $1,000 to $5,000 and is recorded on each challenge as max_withdrawal_per_payout rather than as a single firm-level maximum. Payout requests are submitted inside the Nexus dashboard, which determines eligibility from the current account state and program terms. Live funded accounts: withdraw any amount of profit above the starting balance at will up to once per day, at the same 80/20 split; the live starting balance is a permanent withdrawal floor and cannot itself be withdrawn.

Source: firm payout terms

General rules (apply to challenge & funded)
Allowed
News trading
Allowed
Weekend holding
Allowed
Overnight holding
Allowed
EAs / automation
Allowed
Copy trading
Not allowed
Hedging
Allowed
Scalping
Not disclosed
Stop-loss
News Trading (NFP, FOMC, CPI) is listed among the allowed trading styles. The Terms add that news trading, intraday trading, and weekday swing or overnight holds are permitted where the selected plan and platform allow them. Overnight and weekday swing holds are allowed: PropEd does not force-close positions at end of day and does not apply the blanket 3:45 PM Eastern close rule. Weekend holds are NOT included by default and require a paid add-on: Standard Eval $16.35 / $26.25 / $42.75 / $54.75 for 25k / 50k / 100k / 150k; Instant Funded $89.85 / $142.35 / $194.85 for 50k / 100k / 150k; TrueRisk Instant Funded $89.85 / $89.85 / $194.85; TrueRisk Eval available at checkout. When holding through weekends, risk management systems, auto-liquidation and stop-losses are not active during market close. Scalping is listed among the allowed trading styles.
Challenge vs Funded
Consistency rule Challenge: Evaluation consistency: 40% on Standard Eval, 0% on TrueRisk Eval, 20% on Instant Funding and TrueRisk Instant Funded. Funded: Funded consistency: 40% on Standard Eval and TrueRisk Eval, 20% on Instant Funding and TrueRisk Instant Funded. No consistency rule on live funded accounts.
Drawdown type Challenge: End-of-day Funded: Not publicly disclosed
Drawdown & risk
Daily loss resetNot publicly disclosed
Max position sizeStandard Eval 25k/50k/100k/150k: 3/5/10/15 minis. TrueRisk Eval $1,250/$2,500/$5,000/$10,000: 1/3/6/12 minis. Instant Funded 50k/100k/150k: 3/6/9 minis. TrueRisk Instant Funded $2,500/$5,000/$7,500/$10,000: 3/6/9/9 minis. 1 mini = 10 micros.
Max leverageNot publicly disclosed
Min trade durationNot publicly disclosed
Challenge lifecycle
Time limitNot publicly disclosed
Inactivity ruleNot publicly disclosed
Reset feeNot publicly disclosed
Scaling planAfter 4 successful payout cycles on a sim-funded account a trader is reviewed for a live account; if the trading history matches PropEd's risk profile a live sub-account is opened under PropEd Capital's main capital account through Ironbeam and the trader signs a live agreement. Live starting balance by qualifying sim-funded account size: 25k Standard or $1.25k TrueRisk gives $2,000; 50k or $2.5k TrueRisk gives $3,000; 100k or $5k TrueRisk gives $4,000; 150k or $10k TrueRisk gives $5,000. That balance is multiplied by the number of sim-funded accounts holding at least 1 payout at the time of the 4th payout cycle, with the combined live balance always capped at $10,000. A trader cannot hold sim-funded accounts while a live account is open, and a trader who does not qualify at the risk review must restart from the beginning of the evaluation path.
Instruments & restrictions
Allowed instrumentsStock Index Futures: ES, MES, NQ, MNQ, YM, MYM, RTY, M2K. Energy Futures: CL, MCL, NG, QM. Metals Futures: GC, MGC, SI, SIL, HG, PL. Agricultural Futures: ZC, ZW, ZS, ZM, ZL. Currency Futures: 6E, 6J, 6B, 6A, 6C, 6S, 6N, 6M. Treasury Futures: ZB, ZN, ZF, ZT, GE. Crypto Futures: BTC, MBT, ETH, MET.
Prohibited strategiesHedging: you cannot hold opposing positions in the same instrument simultaneously, for example long and short ES at the same time. Coordinated hedging across accounts, including opposing positions in a contract and its mini/micro equivalent (long NQ while short MNQ, long ES while short MES, and equivalently YM/MYM and RTY/M2K) and opposing positions in correlated index products (long the Nasdaq complex while short the S&P complex). Group or collusive trading. Multiple or duplicate accounts. Account or credential sharing. Identity misrepresentation. Ban circumvention. Fraud and payment abuse. Latency, price-feed, off-market-quote, platform-error or rule-difference exploitation. Front-running, insider information, account-passing services or performance manipulation. Suspected hedging is flagged for human review before any enforcement action.
Additional rules

Real-time passing: the evaluation passes the moment account balance including open unrealized P&L touches the profit target, with no need to close the trade or wait for end of day, and the pass holds even if the trade later reverses. No activation fee, and the funded account is created automatically on passing, subject to a 5 funded account limit. EOD-only drawdown with no daily loss limit, and no daily loss limit, inactivity timer or consistency rule on live accounts. Instant Funded and TrueRisk Funded accounts activate immediately after payment; Standard Eval and TrueRisk Eval activate within a few hours during business hours. Refunds: eligible only when no trade has been placed on the account and the request is submitted within 14 days of purchase. Restricted countries (residents and nationals not eligible): Afghanistan, Belarus, Cuba, Iran, Libya, North Korea, Russia, Syria, Yemen. Free paper trading accounts are available in Nexus to anyone with an active paid account. Trading competitions are free for active paid customers and $35 for non-customers. Contract limits in full: Standard Eval 3 / 5 / 10 / 15 minis and 30 / 50 / 100 / 150 micros for 25k / 50k / 100k / 150k; TrueRisk Eval 1 / 3 / 6 / 12 minis and 15 / 30 / 60 / 120 micros for $1,250 / $2,500 / $5,000 / $10,000; Instant Funded 3 / 6 / 9 minis and 30 / 60 / 90 micros for 50k / 100k / 150k; TrueRisk Instant Funded 3 / 6 / 9 / 9 minis and 30 / 60 / 90 / 90 micros for $2,500 / $5,000 / $7,500 / $10,000. 1 mini = 10 micros and they can be mixed as long as micro-equivalent exposure stays inside the limit.

Source: firm rules page

0.0 PFM Score

Needs Improvement

Trust & Reputation
7.9 /10
Average
Value for Money
8 /10
Average
Payout Speed
6 /10
1.8 below avg
Trading Flexibility
9 /10
1.7 above avg
Platform Choice
6 /10
1.6 below avg

Strengths

  • Competitive pricing (from $65)
  • No daily drawdown limit

Weaknesses

  • Relatively new firm (est. 2025)
Ready to start trading with PropEd Capital?
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PropEd Capital Overview

Trading since 2025, PropEd Capital is a proprietary trading firm built around Futures markets, operating out of United States. Entry starts at $65.40 across 15 evaluation challenges.

Its $65.40 entry price undercuts the $88 median across the 44 Futures firms tracked on PropFirmMap, which puts PropEd Capital at the cheaper end of the market. The 80% maximum profit split trails the 90% typical of that group.

PropEd Capital pays out a profit split of 80% on funded accounts. Payouts run on a Biweekly cycle. The drawdown rule to respect is: None (no daily loss limit) Trading is supported on R | Trader Pro and Rithmic.

TrustPilot reviewers rate it 4.5 out of 5 across 42 reviews.

It was founded by Ethan Warmuskerken. Registration and regulatory details on file: United States, https://propedcapital.com/legal/terms and high.

PropEd Capital FAQ

Who is behind PropEd Capital?
PropEd Capital was founded by Ethan Warmuskerken. The firm has been operating since 2025.
Is PropEd Capital regulated?
Prop firms are generally not licensed like brokers. The registration and regulatory records we hold for PropEd Capital are: United States, https://propedcapital.com/legal/terms and high.
What is PropEd Capital's drawdown rule?
PropEd Capital's drawdown rule: None (no daily loss limit)
Which platforms can I use at PropEd Capital?
The platforms available at PropEd Capital are R | Trader Pro and Rithmic.
Is PropEd Capital a scam?
We have found no evidence of that. PropEd Capital rates 4.5 out of 5 on TrustPilot from 42 reviews. The safety breakdown on this page shows how that grade was reached.
How much does PropEd Capital cost?
PropEd Capital challenges start at $65.40 across 15 challenge options. Prices vary by account size and evaluation type; the full pricing table on this page lists every tier.
What is PropEd Capital's profit split?
PropEd Capital pays funded traders a profit split of 80%.
PropEd Capital
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