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 Prop Firm Reviews & Discounts

Ask before you fund the challenge.

AskPropFirm tracks the rules, payouts and live coupons behind every prop firm worth your evaluation fee — so you choose the right account, not the loudest ad.

Updated Weekly
Coverage 24 firms
No Paid placements
 Section 01 / Brands

Prop firms we currently trust enough to write about.

Sorted by editorial score
01 /
FTMO
The category benchmark. Two-step evaluation, mature payout cycle, the rules other firms still copy.
9.2 / 10
02 /
FundedNext
Aggressive pricing, three evaluation models, the highest profit split on the funded phase we currently track.
8.9 / 10
03 /
The 5%ers
Instant funding plus a slow-scaling track. Friendlier to swing traders than the typical two-step house.
8.6 / 10
04 /
E8 Markets
Clean rule set, fast support and a generous re-try policy. Strong choice if you've already failed once elsewhere.
8.4 / 10
05 /
Funding Pips
Same-day payouts on bi-weekly cycle. Tight daily loss limit — only consider if your strategy is genuinely conservative.
8.3 / 10
See all 24 firms we cover
 Section 02 / Active Offers

Live coupons, verified this week.

All codes tested 2 Jun 2026
−15%
FundedNextStellar Lite · 2-Step
Site-wide on Stellar Lite challenge fees. Stacks with refundable fee policy. New accounts only.
Code
−10%
FTMOChallenge · All Account Sizes
Applies to $10K–$200K challenge fees. Excludes Swing accounts. One use per email.
Code
−20%
E8 MarketsStandard Evaluation
Largest active discount we track. Auto-applies at checkout; no manual entry needed when you use the link.
Code
−$40
The 5%ersHyper Growth · $20K
Flat $40 off the $20K Hyper Growth program. Best value on slow-scaling tracks right now.
Code
−10%
Funding Pips1-Step · All Sizes
10% off plus a free reset if you breach the daily limit in the first 7 days. Limited to 500 redemptions.
Code
Browse the full offer wall
 Section 03 / Blog

Latest reads from the Blog.

5 most recent · all editorial
Comparison · 9 min read

FTMO vs FundedNext: which two-step is actually cheaper once you fail one?

A $499 challenge fee tells you almost nothing about what a funded account at either firm will cost across a realistic twelve-month run. Receipts-level breakdown.

Read
Rules · 6 min read

The five rules that fail more traders than the profit target.

Daily loss limits, consistency rules, news-trading windows, weekend holds and minimum trading days — the quiet clauses that breach more accounts than chasing the 8% target.

Read
Payouts · 7 min read

How fast do prop firms actually pay? 90-day withdrawal log.

We tracked the real time-to-cash on 32 withdrawals across FTMO, FundedNext, E8 Markets, Funding Pips and The 5%ers. The marketing copy is not the median experience.

Read
Op-ed · 5 min read

Instant funding is a marketing label, not a product category.

Three firms now sell "instant funding". Read the contract and you'll find a scaling plan, a consistency rule and a soft daily drawdown that look a lot like an evaluation — just with a higher entry fee.

Read
Guide · 8 min read

A boring checklist for picking your first prop firm challenge.

Seven questions to answer about your own trading before you compare a single firm. Most failed challenges start with the wrong account size, not the wrong broker.

Read
See the full blog archive
 Section 04 / Ask

The questions traders actually ask us first.

Q1.

Do the coupon codes on AskPropFirm really work?

Every code on this site is tested manually before it goes live and re-tested at least once a week. If a code stops working, it's removed from the active list within 48 hours. If you ever hit a dead code, reply to the offer page and we'll either replace it or pull it.

Q2.

Are you affiliated with these prop firms?

Yes — most offer links are affiliate links and we earn a commission if you fund an account. Reviews are written independently of that relationship. We've turned down brands when the rules didn't pass our minimum bar, and we'll publish a negative review of a partner brand if the data demands it.

Q3.

How often are reviews updated?

Brand reviews are reviewed quarterly, and rewritten whenever a firm changes its rule set, payout cycle or pricing. The last revision date is stamped at the top of each review page.

Q4.

Why no rating for some brands?

We don't rate a firm until we've sat through at least one full evaluation and one withdrawal cycle ourselves. Anything else is guesswork dressed as expertise.