How We Review Prop Firms
Our commitment to transparency means every rating, ranking, and data point has a methodology you can audit. Here's exactly how we do it.
50,000+
Traders Trust Us
30+
Firms Monitored
100%
Independent
Daily
Data Updates
Our 6-Step Review Process
1. Initial Research & Data Collection
We begin by gathering all publicly available data about each prop firm — their official website, terms & conditions, challenge rules, pricing, and payout structures. We cross-reference multiple sources to ensure accuracy.
- Official firm websites and T&Cs
- Regulatory filings where applicable
- Press releases and news coverage
- Third-party review aggregators
2. Real Trader Submissions
We collect experiences directly from the trading community. Verified traders submit payout proofs, challenge outcomes, and honest feedback. All submissions are moderated before publication.
- Verified payout proof submissions
- Moderated trader reviews
- Community feedback from Discord & Telegram
- Anonymous reporting system for negative experiences
3. Data-Driven Scoring
Our rating system uses weighted scoring across multiple objective criteria — not subjective opinions. Each factor is assigned a weight based on its importance to traders.
- Payout speed & reliability (25%)
- Trading rules & flexibility (20%)
- Challenge pricing vs. industry average (20%)
- Customer support quality (15%)
- Profit split & conditions (20%)
4. Regular Updates
Prop firms change their rules, pricing, and payout structures frequently. We monitor each firm continuously and update our data within 24–48 hours of any confirmed change.
- Daily monitoring of firm announcements
- Weekly data integrity checks
- Monthly comprehensive audits
- Community-flagged changes reviewed within 24hrs
5. Independence & Transparency
Our rankings cannot be bought. While we may earn affiliate commissions when traders click through to a firm, this never influences our scoring, rankings, or the data we publish.
- Affiliate relationships clearly disclosed
- Sponsored placements labeled separately
- Rankings based solely on objective criteria
- No firm can pay to improve their ranking
6. Payout Verification
We operate one of the most active payout verification databases in the prop trading space. Each submitted payout is reviewed for authenticity before being added to a firm's record.
- Transaction date and amount verification
- Duplicate submission filtering
- Cross-referencing with firm's public payout announcements
- All data anonymized before publication
PropFirmStats Score — Our 4-Pillar Formula
The PFS Score (out of 10) is our independent expert rating — separate from the 5-star Trader Community Rating. It is assigned editorially by our review team using four weighted pillars, so it reflects objective factors rather than review volume alone.
Trader Reviews
Community 5-star rating converted to a 10-point scale (rating × 2). Reflects real trader sentiment and feedback.
Payout Reliability & Speed
Live payout data tracked on our platform — processing times, frequency, and absence of delayed-payout complaints.
Rule Fairness & Transparency
Static vs. trailing drawdown, news trading & weekend holding permissions, and absence of hidden consistency or execution traps.
Longevity & Support
Years operating without cessation or major controversy, plus Discord/help-desk responsiveness and transparency.
How the two ratings differ
⭐ Trader Community Rating (out of 5)
Direct user reviews. Reflects trader sentiment and feedback. Shown as stars.
🛡 PFS Score (out of 10)
Our editorial evaluation of rules, payouts, and stability. Shown as a shield badge.
Who's Behind the Data
Trading Team
Active funded traders across FTMO, FundingPips, FXIFY and more
5+ years prop trading experience
Data Team
Tracks 30+ prop firms, monitors rule changes and payout records daily
Financial data analysis specialists
Community Managers
Moderate 50,000+ trader community across Discord and Telegram
Embedded in the prop trading community
How Spread Tests Are Conducted
Spreads are measured using real trading accounts at consistent times. We record spreads during both major session overlaps (London/New York) and off-hours to give traders a complete picture.
- Measurements taken using active funded accounts (not demo)
- Recorded at London open, NY open, and Asian session
- Minimum 30 data points per firm before publishing
- Updated monthly or when traders report significant changes
Important Disclaimer
All information on PropFirmStats is for educational and informational purposes only. Prop firm rules can change at any time. Always verify current conditions directly with the firm before purchasing a challenge. Trading involves substantial risk.