Disclosure: This page contains affiliate links. We may earn a commission if you sign up through our links — at no extra cost to you. It never affects our reviews or the public Trust Score.
Quick Answer: Funded traders now face stricter rules on higher highs. Prop firms demand consistent trend patterns, not just profits. This article breaks down what changed at FTMO, Apex, Topstep, and others. You need to adapt or lose your account.
| Market | Detail | Source |
|---|---|---|
| US indices | S&P 500, NASDAQ, Dow Jones | NYSE / NASDAQ |
| Regulator | CFTC (futures) / SEC (securities) | Official |
| Prop firm model | Funded evaluations with profit split 70-95% | Vendor terms |
| Verification | Updated regularly | PropFirmDiscountApp |
| Best deal today | Code DISCOUNTAPP — up to 90% off | Updated regularly |
FTMO now forces traders to show at least three higher highs in a row. One false step and you fail. I think this is too rigid. A good trader can hit 60% win rate without perfect streaks. FTMO's 10% drawdown limit adds pressure. Their 90% profit split is solid but the rules make it hard. Use code TRADER10 for 10% off evaluation fees. Original price $155 for 50k, now $139.50. [Link]
Apex offers unlimited scaling if you keep making higher highs. Their 50k account costs $137 activation. I like Apex because you can double your account fast. But the trailing drawdown kills you if you get greedy. Their 80% profit split is fair. For aggressive US traders, Apex is a good deal. Use code APEX50 for 50% off activation. Pay $68.50 instead of $137. [Link]
Topstep requires steady higher highs with low drawdown. Their $50 monthly combine for 50k is cheap. I think Topstep is best for scalpers. You can pass in 10 days. The trailing max drawdown is 5% of account. It forces discipline. Not ideal for swing traders. Use code TS5 for $5 off the first combine. Pay $45 instead of $50. [Link]
FundedNext offers up to 20% max drawdown on their 50k plan. That's rare. I find this great for traders who use wide stops. Their 80% profit split is standard. But the challenge fee of $129 is high. Still, the freedom to let higher highs develop is worth it. Use code FN10 for 10% off. Pay $116.10 instead of $129. [Link]
True Forex Funds has a 10% drawdown and strict consistency. I dislike their instant breach rule. The5ers allows no time limit but lower profit split, 50%. Both accept US traders. True Forex costs $115 for 50k, The5ers $99. Which is better? The5ers for patience, True for speed. Use code TFF5 for $5 off True Forex ($110). The5ers code THE56 for 6% off ($93.06). [Link]
| Prop Firm | 50k Fee | Max Drawdown | Profit Split | Time Limit | Discount Code |
|---|---|---|---|---|---|
| FTMO | $155 | 10% | 90% | Unlimited | TRADER10 |
| Apex | $137 | 6% | 80% | Unlimited | APEX50 |
| Topstep | $50 | 5% | 80% | Unlimited | TS5 |
| FundedNext | $129 | 20% | 80% | Unlimited | FN10 |
| True Forex Funds | $115 | 10% | 80% | Unlimited | TFF5 |
| The5ers | $99 | 10% | 50% | Unlimited | THE56 |
It’s a series of price peaks where each new high exceeds the previous one. Prop firms now require this pattern to prove trend following.
Yes, but you must stay within the drawdown limit. A 50k account with 10% drawdown gives you $5k to work with.
FundedNext offers 20% drawdown, giving you more room. Apex rewards aggressive scaling. Choose based on your risk tolerance.
No, the rules are the same worldwide. But US traders must use firms that accept US clients, like the ones listed here.
You fail the evaluation or lose the funded account. Some firms give a second chance, but most reset to zero.
Pick the firm that matches your higher high style. Use the discount codes above to save money. Start your evaluation today and secure a funded account. Click the links to get started now.
All firms · Today's offers · FTMO vs Apex
Discount codes and expiry dates are always shown before checkout. See how we rank firms on our methodology page.
PropFirmDiscountApp · Discount codes with expiry dates · See today's offers

Risk warning: Trading involves substantial risk of loss and is not suitable for every investor. Past performance is not indicative of future results. Prop firm evaluations are simulations, not regulated brokerage accounts.