Start with how you actually trade
Before comparing firms, be honest about your own trading style — it narrows the field faster than any comparison table.
You hold positions overnightLook for end-of-day trailing drawdown, not intraday trailing — intraday rules can wipe an account on a single overnight gap that an EOD rule would have absorbed.
You scalp or day-trade onlyIntraday trailing drawdown is less of a constraint for you since you're flat by the close, and you can prioritize other factors like payout speed instead.
You want to start trading funded capital fastInstant-funding accounts skip the evaluation but cost significantly more upfront — worth it only if you're confident enough to skip the practice run.
You're cost-sensitive and can be patientTwo-step evaluations are usually the cheapest way in, at the cost of taking longer to reach a funded account.
You trade less liquid or higher-margin contractsCheck the firm's max contract size per account tier before buying — it directly limits your position sizing on the instruments you actually trade.
Then weigh the structural factors
Consistency rule strictnessA 50% consistency rule gives you more flexibility for one strong day than a 30% rule. If your strategy naturally produces uneven daily results, this matters more than the headline price.
Payout frequency and capsA firm paying out every 3 days with a modest cap can put money in your hands faster than one with a bigger cap but a longer cycle — match this to your own cash-flow needs.
Account size range offeredSome firms stop at $150K, others go to $300K, and a few skip small accounts entirely and start at $100K. Pick a firm whose range matches your actual capital goals, not just its cheapest listed price.
Number of evaluation programsFirms running multiple parallel programs (different consistency rules, different drawdown types) give you more room to pick the ruleset that fits your strategy instead of adapting your strategy to one rigid ruleset.
What to avoid
Choosing on price aloneThe cheapest evaluation is a bad deal if its drawdown type or consistency rule doesn't match how you actually trade — you'll fail it repeatedly and spend more in the long run.
Ignoring the consistency rule until it costs youTraders often only discover their firm's consistency rule after a big winning day disqualifies a payout. Read it before you start, not after.
Skipping the restricted-country and platform checklistThese are easy to overlook and can make an otherwise good firm unusable for your specific setup.
Assuming all "90% split" offers are equalThe split percentage means little without knowing the payout cap and minimum threshold attached to it — a lower split with a higher cap can pay out more in practice.
A short checklist before you buy
- Identify your trading style (day trade vs. overnight hold, scalp vs. swing)
- Match the drawdown type to that style (intraday vs. end-of-day trailing)
- Read the exact consistency rule, not just the headline split
- Check payout minimum, frequency, and cap for the account size you want
- Confirm platform and country eligibility
- Only then compare current pricing across firms that pass the above
FAQ
Is a two-step or one-step evaluation better?
Neither is universally better — one-step gets you funded faster but is typically stricter and pricier; two-step usually costs less but takes longer. Choose based on how much time you can dedicate to the evaluation phase.
Does a higher profit split always mean a better deal?
No. A high split with a low payout cap or high minimum withdrawal threshold can pay out less in practice than a slightly lower split with more generous payout terms. Check both together.
Should I pick the firm with the cheapest evaluation?
Only if its rules already fit your trading style. A cheap evaluation you fail repeatedly because the drawdown type doesn't suit you costs more than a slightly pricier one you pass on the first attempt.