About Propfirmbook

What prop firm challenges actually are

They are gamified, and there is no sense pretending otherwise. You pay a fee, hit a profit target, avoid breaching a drawdown limit, and repeat. Most participants do not pass, and for many firms those fees represent a significant share of revenue.

Why we think they are still worth using

Until recently, trading meaningful size required meaningful capital of your own. A challenge now costs somewhere between fifty and a few hundred dollars, and what you get for it is a simulated account with genuine constraints: a fixed maximum loss, a defined target, and rules you are obliged to trade within.

A free demo account asks nothing of you. A paid challenge, with a real limit attached, tends to produce far better discipline around position sizing and risk — which is the part of trading most people skip.

It is a useful environment in which to build and test a strategy. It is also a product with a margin on it. Both are true, and traders make better decisions holding both in mind.

Where the differences hide

Consider a firm advertising "10% drawdown." Depending on the provider, that may be calculated on balance or equity, static or trailing, and measured either from your opening balance or from your highest recorded balance. One figure, four meanings.

Profit splits are frequently advertised at 90% when the rate applies only after a scaling threshold. Rules on news trading, weekend positions, automated strategies and minimum trading days differ across firms and are usually several pages into the terms.

None of this is trading. It is administration, and traders regularly lose money to it for reasons unrelated to the quality of their strategy. That work is what this site exists to do.

What the site provides

Full challenge ranges with current pricing and account sizes. Direct firm-to-firm comparisons. A true cost calculator, since the advertised price rarely reflects the real cost once resets, add-ons and payout terms are accounted for. Trustpilot ratings displayed alongside review volume, because a 4.9 from twelve reviews and a 4.7 from a thousand are not comparable. Discount codes verified rather than aggregated.

How we make money

Through affiliate commissions. If you follow a link from this site and sign up with a firm, we may receive a commission at no additional cost to you. A number of the codes listed here were negotiated by us directly.

We state this on the About page rather than in the footnotes so it can be weighed properly. Ranking order is determined by the underlying data, not by commercial arrangements. You should not simply take our word for that — every figure here is sourced from the firm's own website, and we would encourage you to verify one.

Corrections

Terms change frequently, and a dataset of this size will contain errors. If you find one, let us know and we will correct it.