Six Prop Firms’ Rulebooks Hinder Trader Payouts
Velotrade’s 2026 report reviews six prop firms’ rulebooks—Topstep, FTMO, FundingPips, Blue Guardian, —across drawdown, consistency, payout, and risk management rules. It reveals that hidden provisions, not losing trades, end most funded accounts: of over 300,000 accounts, only 7% ever received a payout. Traders are urged to scrutinize account-ending conditions in evaluation guides before purchasing funded challenges.

