Frequently Asked Questions

About Us

What exactly is Select Prop Firm?

We’re your intelligence advantage in the funded trading ecosystem. Think of us as the no-BS decoder ring for the prop trading world—a platform that cuts through the noise to help you discover, compare, and select the best proprietary trading firms globally. No fluff, just the data that matters: side-by-side comparisons, insider insights, and exclusive deals, all meticulously curated in one place. We’re also building the industry’s most valuable source of breaking news and educational content. Your edge starts here.

How do you decide which firms make the cut?

We have standards—high ones. Every firm on our platform has passed our legitimacy filter: verifiable online presence, transparent trading program, and a track record of actually funding traders. We prioritize listing firms with affiliate programs because it allows us to provide our comparison tools for free while maintaining true neutrality in how we present data. No pay-to-play rankings here.

Real talk: Are you truly independent or firm-affiliated?

Transparency matters, so here’s the deal: We earn through affiliate partnerships and promotional placements. That means we’re not strictly independent, but it doesn’t mean we’re cheerleaders either. Our content comes from professionals with actual trading experience and industry knowledge. We’re committed to presenting the complete picture—warts and all—so you can make informed decisions. Our loyalty is to accuracy, not any particular firm.

Do firms pay for their ranking position?

Never. We’ve built this platform specifically to eliminate the “who paid most” ranking model that plagues the industry. Instead, we give you the power to filter and sort based on what actually matters to your trading: account sizes, challenge structures, platforms, rules, or whatever metrics drive your strategy. You decide what’s important, not marketing budgets.

How current is your information?

Markets move fast. So do we. We conduct comprehensive data reviews monthly at minimum, with critical updates happening in real-time when firms change rules, launch new programs, or adjust their offerings. When something shifts in the prop world, we’re on it—often before the firms themselves announce it publicly.

Finding Your Fit

How do I identify which prop firm matches my trading style?

This is precisely where we shine. Our comparison engine lets you filter firms based on your specific needs: scalping-friendly rules, swing-trading tolerance, platform preference, account scaling potential, or payout frequency. Whether you’re a 5-minute chart warrior or a position trader, we’ll help you find firms that complement your edge instead of fighting it.

What’s your methodology for ratings and recommendations?

We don’t play the star-rating game—it’s too subjective and easily manipulated. Instead, we do something more valuable: intensive research. We dissect public rulebooks, analyze terms of service, and decode payout models, then transform that data into structured, comparable information. With decades of collective industry experience, we help steer traders toward firms that align with their specific goals. No fluff, just facts.

Break down the difference between 1-step, 2-step, and instant funding models

The prop industry loves complexity. We cut through it:

1-Step: Single evaluation phase before funding. Pass one challenge, get your account.

2-Step: Two sequential evaluation phases, typically with more forgiving metrics in phase one and tighter requirements in phase two.

Instant Funding: Skip the evaluation gauntlet entirely. Trade a live account immediately, but typically with stricter rules, lower profit splits, or both.

For the nuanced breakdown beyond these basics, hit our Guides section. We go deep.

If I crash and burn in an evaluation, what are my options?

Most firms offer reset options—some at discounted rates, others with free retries if you respected their rules but missed profit targets. The savvy firms understand that even elite traders have bad weeks. We highlight these policies for every firm we list because second chances matter.

Any insider deals for traders using your platform?

Absolutely. Our email subscribers get access to exclusive discounts, bonus perks, and reduced reset fees that you won’t find anywhere else. We leverage our relationships to negotiate better terms for our community—one more reason why smart traders start here.

Comparison Features

What metrics can I compare between firms?

Everything that matters. Account sizes, profit targets, drawdown rules, evaluation phases, supported platforms, payout schedules, scaling programs, overnight holding policies, and dozens more. We’ve built the comparison engine traders have always wanted—comprehensive without being overwhelming.

Do you break down the details on payouts and risk parameters?

In exhaustive detail. We show payout frequencies, minimum thresholds, buffer requirements, maximum risk per trade allowances, daily/total drawdown limits, and more. These details can make or break your funded journey, and we leave nothing to chance.

Can I filter by trading platform preference?

Of course. We know platform familiarity is non-negotiable for many traders. Whether you swear by MT4’s simplicity, need MT5’s advanced features, or prefer cTrader’s execution, you can instantly filter to find firms that support your platform of choice.

What about scaling programs and profit targets?

Covered comprehensively. Each firm profile highlights scaling availability, profit targets, and the flexibility of their progression model. Some firms scale your account after consistent performance, others demand aggressive profit targets. We show you which is which.

Do you highlight rule transparency and potential breach tripwires?

Absolutely critical information. We detail common breach triggers like news trading restrictions, stop-loss requirements, maximum risk violations, and weekend holding policies. The rules you don’t know are the ones that will break your account—we make sure you know them all.

Content & Community

Do you offer educational resources for prop trading beginners?

In abundance. Our Guides section is a comprehensive resource covering everything from evaluation strategies to psychological discipline. We break down complex topics like trailing drawdowns, scaling programs, and tax implications for funded traders. The learning curve in prop trading is steep—we’ve built the escalator.

What type of content does your blog feature?

Content with actual value. We publish strategy deep-dives, candid trader interviews, firm spotlights, regulatory analysis, and market insights. No fluff pieces, just substantive information that gives funded traders a legitimate edge in a competitive space.

How do I stay updated on breaking news and exclusive deals?

Join our email list—it’s where we deliver the highest value. Subscribers get first access to limited-time promotions, breaking industry updates, and insights we don’t publish elsewhere. The prop trading world moves fast, and our subscribers consistently stay one step ahead.

What are your standout features according to users?

Our comparison engine and Prop Wire content consistently receive the most praise. Traders particularly value our rule breakdowns, which have saved countless accounts from preventable breaches. Our subscribers especially appreciate our time-sensitive deal alerts, which have saved some traders hundreds on evaluation purchases.

Do you feature success stories from real traders?

We do, and they’re not the polished marketing narratives you’re used to seeing. Our trader spotlights showcase authentic journeys—complete with the failures, adjustments, and breakthroughs that paved their path to consistent funding. Real traders, real lessons, no Instagram filters.

Feedback & Participation

Can I submit a review of a firm I’ve traded with?

While we don’t currently host user reviews (too easily gamed), we’re developing a verified trader feedback system. In the meantime, we welcome insights from funded traders via email at info@selectpropfirms.com. Your experiences help shape our coverage and benefit the wider community.

How do I flag outdated or incorrect information?

Spotted something off? We appreciate the assist. Email us at info@selectpropfirms.com with the details, and our research team will verify and update accordingly. Our commitment to accuracy depends on eagle-eyed traders like you.

Is there a community platform for prop traders?

It’s in development, and it won’t be just another Discord echo chamber. Join our mailing list to be first in when our curated trader community launches. We’re building something different—focused on actual edge, not noise.

Can experienced traders contribute content to your platform?

Absolutely. If you’ve got genuine insights worth sharing, we want to hear from you. Email us at info@selectpropfirms.com with your background and content concept. We’re constantly looking for voices that can add value to the community.

For Prop Firms

How can prop firms get listed on your platform?

Simple criteria: offer a legitimate funded trading program, maintain transparent rules, and be open to affiliate partnership. Start the process through our Partnership page. We believe in comprehensive coverage, but we also believe in standards.

Do you offer enhanced visibility options for firms?

Yes, we provide premium placement opportunities for firms looking to highlight promotions or increase their visibility. These placements are always clearly labeled because transparency is non-negotiable. Our audience trusts us because we respect their intelligence.

What kind of trader audience do partner firms reach?

High-intent, qualified traders who are actively evaluating their options. Our traffic consists primarily of experienced traders researching their next move—not tire-kickers or click-throughs. Partners benefit from exposure to a global audience that’s ready to make decisions.

Are content collaborations possible?

Absolutely. We work with select firms to co-create educational content, feature new program launches, distribute promotional offers, and highlight trader success stories. The best partnerships add value for our audience while showcasing what makes your firm unique.

Where can firms request your media kit?

Head to our Partnerships section and complete the inquiry form. You’ll receive our full media kit with audience insights, campaign options, and placement details. We’re selective about partnerships, but the right collaborations benefit everyone involved.

Website Usage

Do I need to create an account to use your comparison tools?

Not at all. Our platform is designed for frictionless research—no account required to access our comparison tools or content library. However, email subscribers receive exclusive perks and deals that more than justify the five seconds it takes to sign up.

Is your platform optimized for mobile use?

Built for it. We designed the entire experience for traders on the move—clean, responsive, and information-dense without being cluttered. Compare firms, read breaking news, and access insights wherever you trade.

How do I reach your team with questions or feedback?

For anything beyond partnerships, email us directly at info@selectpropfirms.com. We’re a lean team of actual traders building the resource we always wanted, and we value every piece of feedback that helps us improve.