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Prop Firm Radar

Real-time intelligence feed tracking rule changes, payouts, complaints, discounts, and outages across the prop trading industry.

Medium Rule Change Neutral Aug 7, 2026

cTrader Restricts US Prop Firms Following Regulatory Review

Several US retail proprietary trading firms have updated their policies to exclude new cTrader accounts for US clients. The5ers, FundedNext and Goat Funded Trader now limit cTrader to non-US traders, directing Americans to alternative platforms like Match-Trader, TradeLocker and Volumetrica. Spotware, cTrader’s developer, confirmed the platform will no longer onboard US-based traders under its new criteria. Click below to learn more about The5ers, FundedNext, Goat Funded Trader

Medium Rule Change Neutral Aug 7, 2026

Apex Trader Funding Unveils Apex 4.0 Rule and Payout Overhaul

Apex Trader Funding has introduced Apex 4.0, a major update revising its trading evaluation rules and payout system. The overhaul aims to streamline qualifying phases, adjust profit targets, and enhance payout rates for traders who pass the new evaluation criteria. Details around phase structure, commission splits, and minimum performance requirements are expected. Click below to learn more about Apex Trader Funding

Medium Payout Report Negative Aug 7, 2026

Alpha Futures Refunds Not Received After Promised Date

Traders report that refunds for closed Alpha Futures accounts, promised to be processed on 7/21/26, have not been received within the expected 3–7 business days. A user notes that profitable premium evaluation accounts were closed rather than migrated to a higher tier, and despite contacting support, no confirmation or refund has arrived. Click below to learn more about Alpha Futures

Medium news Negative Aug 6, 2026

FTMO Trader Loses 5% After Near Pass

A trader on FTMO Phase 1 reached 9.5% gain and was just 0.5% shy of passing the challenge, but suffered an impatient, revenge trade that erased nearly 5% in a single day. Now down to 4.6%, the trader broke all rules and seeks advice on recovering psychologically and treating the challenge anew. This incident highlights the risks of emotional decision-making under pressure in proprietary trading. Click below to learn more about FTMO

Low Payout Report Positive Aug 6, 2026

Hola Prime Sets Benchmark for Fastest Prop Firm Payouts

As payouts become the defining factor for prop trading firms in 2026, this report ranks the top ten based on speed, frequency, and reliability. Hola Prime leads with an industry-first one-hour payout system, boasting 98.35% of withdrawals completed within 60 minutes, an average processing time of 34 minutes, and zero denials from October 2025 to March 2026, setting a new industry benchmark.

Medium review Negative Aug 5, 2026

Trader Claims Scam by Prop Firm The5ers

A Reddit user on r/PropFirms alleges that The5ers defrauded them in a new post titled 'Got scammed by The5ers.' The complaint, submitted by u/imagine430, sparked community discussion about the firm’s policies, payout procedures, and overall trustworthiness. Click below to learn more about The5ers

Medium news Positive Aug 5, 2026

1-Hour Payouts Become New Prop Trading Standard

Proprietary trading firms are eliminating payout anxiety by adopting guaranteed, independently verified one-hour withdrawals. Traders across forex, indices, commodities, and crypto demand transparency and efficiency, rejecting long wait times and opaque processes. In 2024, Hola Prime pioneered the industry’s first one-hour payout system, prompting a shift from self-reported claims to institutional-grade verification and faster trader capital access. Click below to learn more about Hola Prime

Low review Positive Aug 4, 2026

Trader Hits Stride in Lucid Trading Evaluation

In a detailed Reddit post, a novice trader describes their transition from options to futures and shares progress during a Lucid Trading evaluation. Over 15 trading days, they secured two $450+ profit trades by focusing on ORB and Supply & Demand zone strategies, improving patience and discipline. Emphasizing trade journaling and daily video vlogs, the trader highlights key lessons on consistency and risk management, encouraging others to level up gradually and avoid overtrading.

Low review Neutral Aug 4, 2026

Traders Seek Reviews on Hola Prime

A Reddit user reports joining Hola Prime earlier this year after a referral, approaching a potential payout despite limited trading activity. They seek opinions and experiences from other traders regarding Hola Prime. No detailed feedback or verified performance data is provided, highlighting the need for more comprehensive user reviews before assessing the firm's reliability. Click below to learn more about Hola Prime

Low news Neutral Aug 3, 2026

CTI urges shared definition of trader success

City Traders Imperium (CTI) highlights vast variability in profitability benchmarks across proprietary trading firms and calls for a unified framework to define trader success. Currently, pass rates, payout structures, and consistency rules differ widely, leaving traders unclear on expectations. Independent data on over 300,000 funded accounts reveals only 14% of traders pass their challenges and just 7% ever secure a payout. Click below to learn more about City Traders Imperium

Low news Positive Aug 3, 2026

Maven Trading’s Two Step Omo Challenge Gains Popularity

Maven Trading’s Two Step Omo Challenge is seeing increased demand as traders pursue its structured two-phase evaluation that rewards consistent performance. Participants aim for a 6% profit target in Phase 1 and an 8% target in Phase 2, while adhering to an 8% maximum drawdown and a 4% daily limit. The ruleset also permits news trading, offering flexibility without forcing artificial behavior. Click below to learn more about Maven Trading