The questions to ask any prop firm
Compare the whole offer before paying a prop firm: the service model, rules, total cost, reward conditions, trading tools and support. A useful choice is one whose conditions fit your needs and whose fee you are prepared to spend, rather than one that only has an attractive discount or percentage.
Start with fit. Decide whether you want a simulated evaluation service and whether its conditions suit the way you intend to trade.
Compare like-for-like. Use the exact product, account size and paid options you would buy, not a headline from a different account.
Read the conditions that could change your decision. Record the answer to each question below before committing.
Compare | Question to answer |
Rules | What are the profit target, loss model, activity requirements and restrictions for my intended approach? |
Cost | What is payable now, what could be due later, which options cost extra and what are the refund conditions? |
Rewards | Which proportion applies, what makes a request eligible and what is the payment schedule? Are rewards guaranteed or discretionary? |
Platforms and markets | Can I use the platform and instrument I need for this account and location? |
Support and transparency | Where do I get help, what response expectations are stated, and can I verify claims in the published terms? |
Example: Two evaluations advertise different entry fees. One also requires a payment after passing, while the other collects the full fee at purchase. Record the total payable if you pass before comparing them. Then compare their rules and reward conditions: the lower entry price alone does not tell you which offer fits. This is a comparison example, not a recommendation of either model.
EverFunded's answers to the same questions
Apply the same checklist to us. Each answer names the article that explains it in full, and the exact targets, limits and prices of all four accounts are side by side in Which account should I choose: 2-Step, 1-Step, Flash or Instant?.
Compare | EverFunded's answer | Read more |
Rules | Published profit targets and loss limits for each of the four accounts. The overall limit is static on 2-Step, 1-Step and the Flash evaluation, and trailing, locking at the starting balance, on funded Flash accounts and Instant; the Flash evaluation has no daily limit. There is no time limit to reach the target on 2-Step, 1-Step or Flash. | |
Cost | For a $100K account: 2-Step $450, 1-Step $439, Flash $468.21 ($0.99 to start, the rest only if you pass) and Instant $1,009. The 2-Step and 1-Step prices already have the 20% taken off, so there is no code to enter. Only one code applies per order: a different code replaces the included 20% and is never added to it. Add-ons cost extra. Get your 2-Step or 1-Step fee back after that account's fourth payout. Not on Flash or Instant. It is earned per account, and the refund is what you paid for that account's fee, after discounts and not including add-ons. Passing and earlier payouts do not trigger it, and reaching a fourth payout is not guaranteed. Otherwise fees are not refundable once your account is delivered. Payouts on a new account that replaces that account at a scaling step also count toward its fourth payout, and the fee is refunded only once. | |
Rewards | An 80% reward share on all four accounts, or 100% with the profit split upgrade. Rewards are discretionary, paid only when payout conditions are met, and never guaranteed. Each payout needs a set number of qualifying days and at least 3% net profit in its cycle, 14 days since the cycle started unless you bought Payout On Demand, and a payout of at least $100 to you after the split. Funded Flash accounts also have a consistency check. | |
Platforms and markets | Accounts run on Match-Trader. MetaTrader 5 is planned for later, with no guaranteed date. CFDs on forex, metals, indices, commodities and crypto, all simulated. | |
Support and transparency | The trading rules are published before you buy. Help is available through the Messenger and at support@everfunded.com, and any question about your own account is answered by a person. |
Before you pay
A high reward proportion is only one part of the offer. Eligibility, conditions and the service model matter too.
The lowest fee is not an answer on its own. Compare the full cost with the rules and tools you need; a cheaper account that does not support your intended approach may not fit.
An account size is not the same as money you personally receive. Understand whether trading uses simulated or real capital.
Check promises such as “instant payouts,” “risk-free” or guaranteed earnings against the actual terms. Do not assume a testimonial predicts your result.
If you only trade one market or use one platform, treat that requirement as an early filter. Confirm the specific account supports it before spending time comparing other features.
If a material condition remains unclear, resolve that particular question before paying rather than filling the gap with an assumption. If an advertisement and a product page disagree, save the two statements, identify the exact product or option involved, and ask the firm to explain that specific difference and point to the applicable terms before you buy. For EverFunded questions about an existing order, use payment/account help instead of assuming a newer offer applies to your purchase.
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Next step
Keep the same questions when you assess other firms, and compare EverFunded's four accounts with each other in Which account should I choose: 2-Step, 1-Step, Flash or Instant?.
All trading at EverFunded is simulated. The fee you pay is the money at risk. Rewards are discretionary and never guaranteed.