PropEd Capital
United States
Composite Trust Score
Multi-source aggregate of every verified trust signal we hold on PropEd Capital. Methodology →
Mixed - some signals positive, others weak or unverified.
Price & Rating Trends
Last 19 days - how PropEd Capital's key metrics have moved over time.
Trend data is captured nightly from the PropFirmMap database. Older history before Aug 5, 2026 may reflect the latest known value.
| Price | Account Size | Account Name | Profit Target | Max Daily Loss | Max Drawdown | Profit Split | Activation Fee | Notes | |
|---|---|---|---|---|---|---|---|---|---|
| $1499 $899.40 Catalog list price $1499, sale price $899.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-eval (re-verified live 2026-08-19). No coupon code published. | $10K 1 Step | TrueRisk Eval - 10k | P1: $15,000 | P1: | P1: $10,000 (Static) | 80% | None | Details | |
| $1999 $1199.40 Catalog list price $1999, sale price $1199.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-instant-funded (re-verified live 2026-08-19). No coupon code published. | $10K Instant | TrueRisk - Instant Funded - 10k | P1: $0 | P1: | P1: $10,000 (Static) | 80% | None | Details | |
| $899 $539.40 Catalog list price $899, sale price $539.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-eval (re-verified live 2026-08-19). No coupon code published. | $5K 1 Step | TrueRisk Eval - 5k | P1: $7,500 | P1: | P1: $5,000 (Static) | 80% | None | Details | |
| $1199 $719.40 Catalog list price $1199, sale price $719.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-instant-funded (re-verified live 2026-08-19). No coupon code published. | $5K Instant | TrueRisk - Instant Funded - 5k | P1: $0 | P1: | P1: $5,000 (Static) | 80% | None | Details | |
| $109 $65.40 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 | Standard Eval - 25k | P1: $1,500 | P1: | P1: $1,000 (eod) | 80% | None | 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 | Standard Eval - 50k | P1: $3,000 | P1: | P1: $2,000 (eod) | 80% | None | Details | |
| $599 $359.40 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 | Instant Funding - 50k | P1: $0 | P1: | P1: $2,500 (eod) | 80% | None | Details | |
| $10 Listed at $10 with no strikethrough list price, under the 'Other Current Programs' section of https://propedcapital.com/plans (scraped 2026-08-19). No coupon code published. | $50K 1 Step | Nexus X5 - 50k | P1: $2,500 | P1: | P1: $2,500 (eod) | Unknown | 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 | Standard Eval - 100k | P1: $6,000 | P1: | P1: $4,000 (eod) | 80% | None | Details | |
| $949 $569.40 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 | Instant Funding - 100k | P1: $0 | P1: | P1: $5,000 (eod) | 80% | None | 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 | Standard Eval - 150k | P1: $9,000 | P1: | P1: $6,000 (eod) | 80% | None | Details | |
| $1299 $779.40 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 | Instant Funding - 150k | P1: $0 | P1: | P1: $7,500 (eod) | 80% | None | Details | |
| $449 $269.40 Catalog list price $449, sale price $269.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-eval (re-verified live 2026-08-19). No coupon code published. | $2.5K 1 Step | TrueRisk Eval - 2.5k | P1: $3,750 | P1: | P1: $2,500 (Static) | 80% | None | Details | |
| $799 $479.40 Catalog list price $799, sale price $479.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-instant-funded (re-verified live 2026-08-19). No coupon code published. | $2.5K Instant | TrueRisk - Instant Funded - 2.5k | P1: $0 | P1: | P1: $2,500 (Static) | 80% | None | Details | |
| $249 $149.40 Catalog list price $249, sale price $149.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-eval (re-verified live 2026-08-19). No coupon code published. | $1.25K 1 Step | TrueRisk Eval - 1.25k | P1: $1,875 | P1: | P1: $1,250 (Static) | 80% | None | Details | |
| $1599 $959.40 Catalog list price $1599, sale price $959.4 shown directly in the catalog on https://propedcapital.com/plans/truerisk-instant-funded (re-verified live 2026-08-19). No coupon code published. | $7.5K Instant | TrueRisk - Instant Funded - 7.5k | P1: $0 | P1: | P1: $7,500 (Static) | 80% | None | Details |
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.
Reviews
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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.
Amounts
Requirements
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)
See how these rules compare against every other firm in the prop firm rules comparison.
Challenge vs Funded
Drawdown & risk
Challenge lifecycle
Instruments & restrictions
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
Fair
Strengths
- Very affordable challenges (from $10)
- No daily drawdown limit
Weaknesses
- Relatively new firm (est. 2025)
Recommended For
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Recent Activity
Score increased from 4.8 to 5.2
PropEd Capital updated their $10K 1 Step challenge price.
PropEd Capital updated their $10K Instant challenge price.
PropEd Capital updated their $5K 1 Step challenge price.
PropEd Capital updated their $5K Instant challenge price.
PropEd Capital updated their $2.5K 1 Step challenge price.
PropEd Capital updated their $2.5K Instant challenge price.
PropEd Capital updated their $1.25K 1 Step challenge price.
PropEd Capital updated their $7.5K Instant challenge price.
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 $10 across 16 evaluation challenges.
Its $10 entry price undercuts the $79 median across the 53 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. Its overall PropFirmMap score of 5.2 places it ahead of 14 of the 53 Futures firms we score.
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, Rithmic and Onyx.
On the PropFirmMap safety scale PropEd Capital rates B. TrustPilot reviewers rate it 4.5 out of 5 across 42 reviews.
It was founded by Ethan Warmuskerken. The firm is not registered with a financial-services regulator. Jurisdiction on file: United States.
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Prop Firms Based in United States
PropEd Capital is one of 59 verified prop firms headquartered in United States. Compare them side by side on price, profit split, payouts and safety grade.
