Prop Number One review: a daily loss limit with two definitions
The firm's own rules give two incompatible definitions of its 4% daily loss limit, and the advertised "Just 4 Rules" omit a consistency rule and a 15% withdrawal cap.
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Reviews and verdicts on funded-trader programmes: rules, payouts, the fine print.
189 stories since 2026 · page 7 of 10
August 2026
The firm's own rules give two incompatible definitions of its 4% daily loss limit, and the advertised "Just 4 Rules" omit a consistency rule and a 15% withdrawal cap.
Peak Capital Trading sells a 13-week Vancouver mentorship course for $2,995.
Hantec Trader is the funded-account arm of a broker group with a real FCA permission.
FX2 Funding offers no time limit, no minimum trading days and no consistency rule.
Darwinex Zero replaces the challenge with a subscription and an audited track record.
FundYourFX advertises no consistency rule and a static drawdown.
Traders Launch drops the intraday trailing drawdown its rivals rely on and publishes no daily loss limit.
The word “drawdown” appears zero times in FundedElite’s binding Terms and Conditions.
SFX Funded advertises an 85-100% profit split. Its own live product catalogue sets every plan at 80%, sells 90% as a paid add-on, and contains no 100% option anywhere.
KortanaFX has carried a “temporarily paused” notice since at least January 2026 and has not posted to its 13,300-subscriber Telegram channel since 22 July 2024.
Leeloo Trading charges $250-$850 a month and its trailing drawdown tracks unrealised open equity - but it does not publish its profit split at all.
Lark Funding pays out in about six hours, but a 20% margin-utilisation rule that sits outside the signed contract has been used to deny a $5,900 payout.
FFN splits funded into Sim Funded Pro at 80% and Live Funded Pro at 90%. What every rival calls funded is FFN's lower tier — and the conversion rate is unpublished.
OFP Funding skips the evaluation, then gates payouts on an Inconsistency Score it never defines. Trustpilot has also pulled its rating. Instant funding moves the filter.