Prop firms earn more from evaluation fees than from profit splits. The average buyer spends $600–800 across two or three attempts and withdraws nothing. And every payout screenshot on your feed arrives with a discount code attached, including mine. So here is the same purchase priced honestly, on real published numbers, with the parts that don't favor me left in.
Profit you can't withdraw yet is still the firm's to take back. Every capped payout leaves the rest sitting above your drawdown until the next window, and that's where most of it goes. Not every firm caps payouts: Traders Launch and Breakout don't, and MyFundedPerps allows a request every day. Compare plans in §6.
None of these are secrets. They are published industry figures. They simply never appear next to a payout screenshot.
Across 300,000+ funded accounts the average payout was about 4% of account size. On the plan you picked the profit target is —, so a realistic withdrawal is anchored near that, not at the headline number.
You don't buy one eval, you buy evals until one passes. At a — pass rate that is — evals per funded account, and the failures are real money.
Only 45% of funded traders ever reach a single payout. The rest pass, get the account, and withdraw nothing. Marketing math skips this gate entirely.
Max drawdown is —. That is your real risk budget, not the number on the plan. The six-figure number is a label, not capital. See §3.
Real published pricing for three of my partner firms, with each firm's code discount applied. Everything on this page recomputes when you change anything.
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The only number that governs your risk is the max drawdown. Everything else is branding.
What the plan is called, and what the ad puts in the headline.
Max drawdown. — of the advertised figure. Lose this and the account is gone.
You must earn — your entire risk budget before you can withdraw.
At the measured industry rates (14% and 45%) that last row reads 94 out of 100. The widely cited figure is that roughly 7% of everyone who buys a challenge ever sees a payout.
Priced properly: the failed attempts are part of the cost of the pass.
| Line item | Per account | Stacked |
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Same pass rate, same payout assumption, each firm's own code discount. Ranked by return on every dollar spent, the right metric when your constraint is budget rather than account slots. Tap a row to select it.
| # | Plan | Eval | Target | Drawdown | EV / account | Return on spend |
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Expected profit per funded account on your selected plan. Rows are your pass rate, columns are the share of funded traders who reach a payout. Green is profitable, red is not.
EV = (paid rate × your share of the withdrawal) − (eval fee ÷ pass rate) − activation − funded-phase costs
Worked example, top-left cell on your plan: the eval is — after the code, and your share of the withdrawal is —. At a 10% pass rate you buy 10 evals on average to get one pass, so a pass costs —. At a 20% paid rate the expected withdrawal is —. That is —.
The division is the whole point. Marketing multiplies the payout by your pass rate. The real cost of a pass divides the fee by it, which is why halving your pass rate doubles your cost per funded account.
Several accounts on one copier is not diversification. It's the same single bet, written several times.
Chance you finish the cycle with nothing. One skill draw applied to every account at once. Stacking multiplied your stake, not your odds.
Chance of nothing if every account traded a truly uncorrelated strategy. Almost nobody achieves this, which is why the left number is the honest one.
This is what separates this from every "prop firms are a scam" video: at a genuinely good pass rate the expected value can be positive. The advertising isn't lying about the direction. It's lying about the magnitude and the certainty.
The gap between the advertised return and the expected return is —.
Expected value averages over outcomes you'll never personally experience. The single most likely result is still zero.
Every figure here is dominated by your own pass rate, which no firm's marketing can tell you. The only honest estimate is your own logged results.
These are affiliate links. I earn a commission at no extra cost to you, and the codes are the best rates I can get. That's what keeps every tool here free, with no paywall and nothing to buy at the end.