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PropFirmElite

Independent prop firm comparison: rules, pricing, payouts, and verified codes. Not a prop firm. Not financial advice.

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Frequently Asked Questions

Everything you need to know about PropFirmElite and prop trading.

About PropFirmElite

What is PropFirmElite?

PropFirmElite is a comparison and review platform for proprietary trading firms. We help traders compare firms by pricing, rules, payouts, and success rates, and read verified reviews from other traders.

Is PropFirmElite free to use?

Yes, PropFirmElite is completely free to use. We earn revenue through affiliate partnerships with prop firms, which never influences our ratings or editorial content.

Does PropFirmElite provide financial advice?

No. PropFirmElite is strictly an informational platform. We provide comparisons and reviews to help you make informed decisions, but nothing on our site constitutes financial advice. Always do your own research.

Prop Trading Basics

What is a prop trading firm?

A proprietary trading firm (prop firm) provides traders with funded accounts to trade with. Traders typically pass an evaluation challenge, then trade the firm's capital and keep a percentage of the profits — usually 70–90%.

How do prop firm evaluations work?

Most firms require you to pass a challenge (one-step or two-step) where you trade a demo account and hit a profit target while staying within drawdown limits. Some firms offer instant funding with no evaluation required.

How much does it cost to start?

Evaluation fees typically range from $50 to $1,000+ depending on the account size. Most firms offer account sizes from $10K to $200K+. Use our comparison tool to find the best pricing for your budget.

Reviews & Discounts

Are the reviews on PropFirmElite real?

Yes. We have a verification system where traders can prove their purchase. Reviews marked as "Verified" have been confirmed with proof of purchase. We also moderate reviews to remove spam and fake content.

How do I leave a review?

Create a free account on PropFirmElite, navigate to the firm you want to review, and click "Write a Review." You can optionally submit proof of purchase for a verified badge.

Are the discount codes guaranteed to work?

We verify our discount codes regularly, but prop firms can change or expire codes at any time. If a code doesn't work, let us know and we'll update it. Check the firm's website for the most current promotions.

Account & Loyalty

What is the loyalty program?

Our loyalty program rewards you with points for actions like writing reviews, referring friends, and engaging with the community. Points can be redeemed for exclusive discounts and perks.

How do I delete my account?

You can delete your account from your profile settings. This will permanently remove your account data and reviews. If you need help, contact us at hello@propfirmelite.com.

Still have questions?

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