No Time Limit Prop Firms
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- Simulated-capital CFD firm registered in Saint Lucia and Hong Kong; no regulator
- Base split 80%; free scaling stops at 95%; 100% is a paid add-on
- Static drawdown on 1-Step, 2-Step and 3-Step; Instant and Blitz products trail
- Binding policy states there are no refunds; the advertised rebate lands on your 4th payout
- $100 minimum payout, bi-weekly, via Rise, Skrill or crypto
★★★★★
More details +Goat Funded Trader
Goat Funded Trader runs seven evaluation routes across five platforms, with an 80% base profit split, bi-weekly payouts and a $100 minimum. The multi-step evaluations use a static drawdown; the Instant and Blitz products trail. Two rules decide most outcomes here: the fee is rebated on your fourth payout rather than refunded, and the first Reward on Demand is paid at 40% whatever split you bought.PROS:
- Static drawdown on all 1-Step, 2-Step and 3-Step evaluations
- No time limit on any evaluation
- Five platforms: MT5, cTrader, MatchTrader, TradeLocker, Volumetrica
- News trading and weekend holding both permitted
- Swap-free accounts available at no extra cost
- $100 minimum payout, via Rise, Skrill or crypto
- Scaling ladder reaches a 95% split after 15 payouts
- Paid within 2 business days or the firm pays a $1,000 bonus
CONS:
- The binding refund policy states there are no refunds and all transactions are final
- The advertised fee refund is a rebate paid with your 4th payout - fail before that and it is gone
- The first Reward on Demand pays 40%, even if you bought the 100% split add-on
- The 100% profit split is a paid add-on (+20% of the fee), not a performance reward
- Profit from trades under 2 minutes is deleted, but losses from them are kept
- Hard $3,000 per day profit cap on funded accounts - the excess is deducted
- First two payouts capped at 6% of the account or $10k, whichever is lower
- Trustpilot is not currently displaying a star rating for the firm
- UK-based (Acello Ltd) simulated forex/CFD & crypto-CFD prop firm on MT5/cTrader/Match-Trader; instant-funding-first
- Signature: “Smart Drawdown” — no profit target; at +5% the drawdown floor ratchets up to lock in a protected buffer
- Instant funding, a 24-hour IF1 account, plus 1-phase & 2-phase challenges; sizes ~$5K–$50K from ~$47
- Base 80% split (up to 90% via add-on); account-doubling scaling to $1.28M; not swap-free (swaps charged)
- Catch: most complaints are payout denial at the compliance/KYC stage; US traders Match-Trader-only
★★★★★
More details +Instant Funding
Instant Funding is a UK-based, simulated forex/CFD and crypto-CFD prop firm run by Acello Ltd, on MT5, cTrader and Match-Trader, built around no-evaluation instant funding. Its signature is Smart Drawdown: the flagship has no profit target, and once you reach plus 5 percent the drawdown floor ratchets up to lock in a protected buffer. The lineup includes the instant flagship, a 24-hour IF1 account, and 1-phase and 2-phase challenges, with sizes roughly 5,000 to 50,000 from about 47 dollars. The base split is 80 percent, up to 90 percent via a paid add-on, with account-doubling scaling to 1.28 million. The main caveat is payout denial at the compliance and KYC stage. US traders are accepted on Match-Trader only, and it is not swap-free.PROS:
- No-evaluation instant funding is the core product|Smart Drawdown removes the profit target and locks in a profit buffer at plus 5 percent|Cheap entry from about 47 dollars; instant, 24-hour, 1-phase and 2-phase options|Base 80 percent split, up to 90 percent; account-doubling scaling to 1.28 million|Crypto CFD accounts; US accepted via Match-Trader
CONS:
- Most common complaint is payout denial at the compliance or KYC stage|Unregulated and simulated despite instant-funding marketing|Not swap-free: swaps are charged on overnight holds|Several perks such as 90 percent split and news trading are paid add-ons|Some third-party ratings overstate its actual public standing
- Fast-growing (launched 2024) simulated prop firm offering forex/CFD and futures on a wide platform set (MT4/MT5, cTrader, DXTrade, Match-Trader, Tradovate)
- Signature: a 1-hour payout guarantee + “Zero Payout Denial Policy,” backed by an independent Deloitte review
- 1-Step Prime, 2-Step Prime/Pro and a Direct (instant) account; forex sizes $2K–$300K
- Base split 80% up to 95%; fee refunded on passing; scaling advertised to $4M; swap-free add-on
- Catch: “zero denial” applies to rule-compliant payouts — consistency/risk rules are where disputes arise; US accepted
★★★★★
More details +Hola Prime
Hola Prime is a fast-growing simulated prop firm that launched in late 2024, offering both forex/CFD and futures on a wide platform set including MT4, MT5, cTrader, DXTrade, Match-Trader and, for futures, Tradovate and NinjaTrader. Its defining feature is a 1-hour payout guarantee with a Zero Payout Denial Policy, unusually backed by an independent Deloitte review that reported 98.35 percent of withdrawals processed within an hour with zero denials. It offers 1-Step Prime, 2-Step Prime and Pro, and a Direct instant account, with forex sizes 2,000 to 300,000, a base split of 80 percent up to 95 percent, the challenge fee refunded on passing, and scaling to 4 million. The caveat is that zero denial applies to rule-compliant payouts, and consistency and risk rules are where disputes arise. Its simulated operations run through Hong Kong and Cyprus entities, with a separate Mauritius broker licence. US traders are accepted.PROS:
- Fast payouts independently verified by a Deloitte review|Both forex/CFD and futures on a very wide platform set|1-Step, 2-Step and Direct instant accounts; base split 80 up to 95 percent|Challenge fee refunded on passing; scaling advertised to 4 million|Swap-free add-on; US traders accepted
CONS:
- Zero-denial promise applies to rule-compliant payouts, not a no-breach guarantee|Documented disputes where consistency or excessive-risk rules voided payouts|Simulated trading; only the Mauritius broker arm is regulated, not the prop firm|Consistency rule of roughly 35 to 40 percent on some accounts|Funded accounts carry a per-trade risk cap
- Registered in ANJOUAN, UNION OF COMOROS (licence L15829/TOT) - not the United States
- Split reaches 100%: earned on the Instant plans, a paid add-on on FLASH, NOVA and 2-Step PRO v2
- Static 9% on the 2-Step PRO v2; FLASH, NOVA and both Instant plans TRAIL
- A 2% fee is charged on every payout; minimum trade duration is 5 minutes
- From 5 Feb 2026, new 1-Step and 2-Step accounts lost the first-payout fee refund
★★★★★
More details +Top One Trader
Top One Trader is registered in Anjouan, Union of Comoros, under licence L15829/TOT - not in the United States, as an earlier version of this review stated. It runs six programmes on Match Trader, TradeLocker and MT5, with splits from 60% to 100% and payouts through RiseWorks. Drawdown varies by product: the 2-Step PRO v2 is static, while FLASH, NOVA and both Instant plans trail.PROS:
- Splits reach 100% - earned on Instant Prime, or bought as an add-on elsewhere
- 2-Step PRO v2 uses a static 9% drawdown
- Documented scaling plan to a $5,000,000 maximum allocation
- Six programmes, including a $7 pay-after-pass NOVA entry
- Weekend and overnight holding permitted
- EAs allowed during the challenge phase
- Payouts twice monthly as standard, with a weekly add-on
- Trustpilot 4.5 from over 3,400 reviews, with no consumer alert
CONS:
- Registered in Anjouan, Comoros - there is no US entity, and US IPs are blocked on cTrader
- FLASH, NOVA and both Instant plans use a TRAILING drawdown
- The 100% split is a paid add-on on FLASH, NOVA and 2-Step PRO v2
- A 2% processing fee is charged on every payout
- From 5 February 2026, new 1-Step and 2-Step accounts no longer get the fee refund on first payout
- The terms include a clause asking traders not to post negative public reviews
- Minimum trade duration is 5 minutes; shorter trades may have gains deducted
- A stop-loss is mandatory on every trade unless you buy the add-on
- CFD/forex prop firm trading simulated capital on MT5, broker-backed by Taurex
- 80/20 base split per the binding Terms; the “keep 90%” marketing is a paid add-on
- Mixed drawdown: 1-Step (6%) and Instant (5%) trail equity, 2-Step (10%) static; locks at start on payout request
- Operator is a Dubai “marketing research” company (plus a Cyprus entity); funds are “purely virtual”
- Detailed rulebook: 20% consistency, 45-second hold, no news. The $5 Nova Challenge is a stripped-down funnel
★★★★★
More details +AtmosFunded
Atmos Funded is a capable, transparent CFD firm with a real advantage most peers lack: broker backing from Taurex and an optional path to move funds to a live account. Its rulebook is unusually detailed and honest - a full risk table, a defined 45-second hold, a stated 20% consistency rule, named prohibited practices - and it pairs an unlimited time limit, weekend holding and personal EAs with a low $100 payout and a fast 14-day cycle. Go in clear on three things: the "keep 90%" split is a PAID add-on over an 80/20 base; the operator is a Dubai "marketing research" company (with a separate Cyprus entity), unregulated, trading PURELY VIRTUAL funds; and the funded rules (20% consistency, 45-second hold, 0.5%-per-day, no news) are specific enough to catch out fast or streaky traders. Its $5 Nova Challenge is a stripped-down customer-acquisition funnel.PROS:
- Broker-backed by Taurex, with an optional path to move a payout to a live Taurex account (10% deposit bonus)
- Unusually detailed, itemised binding rulebook with a full risk table and worked figures
- The trailing drawdown locks at your starting balance the moment you request a payout
- Unlimited time to complete the challenge (only a 60-day inactivity expiry)
- Weekend and overnight holding allowed; personal EAs permitted
- Low $100 payout minimum on a fast 14-day cycle (5 days on Instant)
- No recurring monthly fee
CONS:
- The "keep 90%" split is a paid add-on over an 80/20 base
- The operator is a Dubai "Marketing Research and Consultancies" company, with a separate Cyprus entity - two jurisdictions, no regulator
- The accounts are simulated - the Customer Agreement says funds are "purely virtual and are not real"
- Specific funded gates: 20% consistency, 45-second minimum hold, 0.5%-per-day qualifying rule
- News prohibited within 5 minutes either side of high-impact events, with profits deleted on breach
- Tick scalping (under 15s) and reversing within 90s are banned; 30 trades/hour cap
- The $5 Nova Challenge is a funnel product; the full-price accounts carry tighter rules
- US futures prop firm (Bulenox LLC, Delaware) trading simulated capital — unregulated
- 100% of your first $10,000, then a free 90% split — no paid upgrade, no higher tier to buy
- Sold as a recurring monthly subscription ($145–$535), not a one-off fee
- Choose your drawdown at checkout: real-time trailing with no daily loss limit, or end-of-day with scaling
- The Safety Threshold Reserve ($3,100 on a $100k) must stay in the account — so a first payout needs ~$4,100 of profit, not $1,000
★★★★★
More details +Bulenox
Bulenox gets the split right where most futures firms do not: 100% of your first $10,000, then a free 90% - no paid upgrade, no tier to unlock. The rules are patient too: no minimum trading days, no time limit, and a daily loss limit that pauses you rather than fails you. The catches are the recurring MONTHLY subscription (a slow evaluation gets expensive) and the Safety Threshold Reserve, which locks $3,100 in a $100k account and counts toward the consistency rule - so a first payout needs roughly $4,100 of profit, not the advertised $1,000. Note also that the binding Terms of Use, dated July 2021, state that Bulenox does not provide live trading, while the Funded Account page promises real capital.PROS:
- 100% of your first $10,000, then a free 90% split - the headline number is the real one
- No minimum trading days and no time limit on the evaluation
- No recurring monthly fee on the funded (Master) account
- Hitting the daily loss limit is a lockout, not a breach
- Choose your drawdown model at checkout: real-time trailing or end-of-day
- The drawdown locks at starting balance +$100 on the Master account
- Free reset on your billing date, with completed trading days carried over
- Open commission-rate disclosure and worked drawdown examples in the help centre
CONS:
- The Safety Threshold Reserve is not yours until you terminate the agreement - and it counts toward the 40% consistency rule on your first payout
- The evaluation is a RECURRING monthly subscription, so a slow pass costs far more than the headline price
- Option 1 trails on equity including unrealised profit, so an open gain you never bank still raises your loss floor permanently
- Payouts are processed only once a week, on Wednesdays, with no published turnaround time
- Your first three payouts are capped
- You cannot decline the transition to a Funded Account - refusing means no payout at all
- The binding Terms of Use are dated July 2021 and contradict the current help pages on live vs simulated trading
- Windows only; roughly 90 countries restricted; nothing is refundable
- Slovak prop firm (RIFM s.r.o., Bratislava) with simulated forex/metals evaluations on its own RF-Trader platform; capital to ~$320k
- Signature: a patient-trader model — no time limit (up to ~999 days/phase) plus a headline “200% Maximum Refund”
- Unusually wide ladder: 1-phase Gold to 4-phase Copper, plus an 8-level Diamond scaling program
- Split not stated on its own pages (third-party ~75–90%); payouts first ~14 days then bi-weekly
- Watch: “funded” marketing vs fictitious-trading Terms; inconsistent refund figure; two entity names (RIFM/FRCSM)
★★★★★
More details +Rebels Funding
Rebels Funding has a genuinely distinctive, trader-friendly pitch: no time limit on evaluations, an oversized 200% refund, a wide 1-to-4-phase-plus-scaling ladder, and a broadly positive reputation (around 4.3 Trustpilot, with platform lag rather than non-payment the main gripe). Go in with two things clear: it is an unregulated, fully simulated firm whose Terms disclaim any entitlement to payout and whose split is not stated on its own pages, and its two-entity naming is worth clarifying. Verify the key terms directly before buying.PROS:
- Patient-trader model: no time limit on evaluations (up to ~999 days per phase)|Headline 200 percent maximum refund, higher than the usual 100 percent|Unusually wide ladder: 1-phase Gold to 4-phase Copper plus an 8-level Diamond program|Simulated capital to about $320,000; standing 30%-off first-challenge promo|Broadly positive ~4.3 Trustpilot, with platform lag rather than non-payment the main gripe
CONS:
- Profit split not stated on the firm own pages; must be verified directly|Fully simulated with Terms disclaiming any entitlement to payout|Refund figure quoted inconsistently (100% / 150% / 200%)|Two entity names (RIFM operating, FRCSM for real-market trades) create counterparty ambiguity|Proprietary RF-Trader only; some exact drawdown numbers not in text
- Prop arm of Blueberry Markets, an ASIC-regulated Australian broker (since 2016); simulated forex/CFD on MT4/MT5/TradeLocker/DXtrade
- Signature: real regulated-broker parentage — genuine infrastructure and longevity most standalone props lack
- Permissive rules: no consistency rule, no time limit, split 80% up to 90%, scaling to a simulated $2M
- Catch: ASIC covers the broker, not the challenges (offshore); documented breach-at-payout complaints
- 1-/2-/3-step + Instant Funding; sizes $5K–$200K; swap-free available; no US traders
★★★★★
More details +Blueberry Funded
Blueberry Funded is the proprietary-trading arm of Blueberry Markets, an established retail broker operating since 2016 whose Australian entity is ASIC-regulated. It offers a simulated forex and CFD product on an unusually broad platform set, MT4, MT5, TradeLocker and DXtrade. Its defining feature is genuine regulated-broker parentage, giving it real infrastructure and longevity that most standalone props lack. The rules are permissive on paper, with no consistency rule, no time limit, a base split of 80 percent rising to 90 percent, and scaling to a simulated 2 million. Two honest caveats: the ASIC licence covers the broker, not the simulated challenges, which are run through an offshore entity, and there is a documented pattern of discretionary breach-at-payout complaints. It does not accept US traders.PROS:
- Real, established ASIC-regulated broker parentage (Blueberry Markets, since 2016)|Broad platform choice: MT4, MT5, TradeLocker, DXtrade|Permissive rules: no consistency rule and no time limit|Base split 80 percent rising to 90 percent; scaling to a simulated 2 million|Swap-free Islamic accounts available
CONS:
- ASIC regulation covers the broker, not the simulated challenges|Documented pattern of discretionary breach-at-payout complaints|Does not accept US traders|High-impact news trading is not allowed|A funded-account 1.5 percent risk-per-trade-idea cap applies
- 2023-founded simulated multi-asset firm (trading as QT Funded) on MT5/cTrader/TradeLocker; FX, indices, commodities, crypto CFDs + a futures line
- Signature: an unusual “Payout Guarantee” — keep 10% of pre-breach profit or a full fee refund after a post-request breach, up to 3 times
- Caution: a rising 2026 pattern of denied/delayed payouts, often on after-the-fact rule calls
- Low 7% Phase-1 target; 4% daily / 10% max drawdown; base split 80% up to 90%; funding to $300K
- 2-step, Instant, 1-step Pay-When-Funded & QT Power; swap-free free add-on; US accepted via TradeLocker; offshore/unregulated
★★★★★
More details +Quant Tekel
Quant Tekel runs its prop product as QT Funded, a 2023-founded simulated multi-asset firm on MT5, cTrader and TradeLocker, trading forex, indices, commodities and crypto CFDs plus a futures line. Its standout is an unusual Payout Guarantee: if you breach a non-prohibited rule after requesting a payout, you still keep 10 percent of pre-breach profit or a full fee refund, whichever is greater, up to three times. The central concern is payout enforcement: through 2026 there is a rising pattern of denied and delayed payouts, often on after-the-fact rule calls. It offers a low 7 percent Phase-1 target, an 80 to 90 percent split and funding to 300,000, with instant, 1-step pay-later and other options. US traders are accepted via TradeLocker, but the structure is offshore and unregulated.PROS:
- Unusual Payout Guarantee softens the first three rule breaches|Low 7 percent Phase-1 target|Base split 80 percent rising to 90 percent|Broad options: instant, 1-step pay-when-funded, 2-step Elite, QT Power|Swap-free is a free add-on; US accepted via TradeLocker
CONS:
- Rising 2026 pattern of denied and delayed payouts|The prop product is offshore and unregulated; the FSCA licence covers a separate brokerage arm|Payout Guarantee excludes prohibited strategies and platform breaches, the exact grounds used in disputes|Funding caps at 300K, not the 2M some third parties claim|US and Canada residents cannot use MT5 or cTrader
- Dubai company (Bright Global FZCO) with publicly named leadership; unregulated
- Base 80%; 90% is a paid add-on; 100% needs three scale-ups (12+ months)
- Static on both 2-Step plans; the 1-Step TRAILS in real time off equity
- Their own example breaches an account that is only 3.5% down
- The fee refund is a PAID ADD-ON; no minimum payout (withdraw from $0.01)
★★★★★
More details +Bright Funded
Bright Funded is a Dubai firm (Bright Global FZCO) running three plans on DXtrade, cTrader and MT5, with no consistency rule and weekend holding allowed. Two points deserve attention before you buy: the 1-Step uses a real-time TRAILING drawdown - the firm's own worked example breaches an account that is only 3.5% down - and the fee refund is a paid add-on rather than something included.PROS:
- No consistency rule at all - one of the few firms that can say this
- Static drawdown on the 2-Step Bright (8%) and 2-Step Classic (10%)
- No minimum payout - you can withdraw from $0.01
- Weekend and overnight holding both permitted
- Expert Advisors allowed (though not on DXtrade)
- Three platforms: DXtrade, cTrader and MetaTrader 5
- Payouts processed within one day of request
- No recurring or monthly fees
CONS:
- The 1-Step drawdown TRAILS in real time - their own example breaches an account only 3.5% down
- The fee refund is a PAID ADD-ON - without it, there is no refund at all once you trade
- The base split is 80%; 90% is a paid add-on and 100% needs three scale-ups (12+ months)
- Scaling is not automatic - you must email support to request it
- Weekly payouts are a paid add-on; the default first payout is 30 days, then every 14
- News-window profits are deducted, but news-window losses are not compensated
- 30 days of inactivity deactivates the account
- Trustpilot is not currently displaying a star rating for the firm
- Long-established (since 2012), London-branded firm now running a simulated forex/CFD model on MT5/MT4/DXtrade
- Signature: no-evaluation instant funding + a capital-doubling ladder (10% gain doubles the account) toward 768K
- Split starts at 50% and climbs to 80%, rewarding speed (under-30-day targets pay more)
- Commission- and swap-free FTP accounts; 5% trailing daily / 10% max drawdown; no consistency rule
- Watch: now offshore/unregulated (Comoros), self-contradicting Terms (incl. US eligibility), and payout-dispute complaints
★★★★★
More details +AudaCity Capital
AudaCity Capital is a long-established, London-branded prop firm dating to 2012 that now runs a simulated forex and CFD model on MT5, MT4 and DXtrade. Its defining product is the Funded Trader Programme: no-evaluation instant funding, a capital-doubling ladder where every 10 percent gain doubles the account toward an advertised 768,000, and a profit split that rewards speed, climbing from a 50 percent base toward 80 percent and paying more for hitting targets in under 30 days. Accounts are commission-free and swap-free. The cautions: it is now an offshore, unregulated, simulated operation, its Terms contradict themselves including on US eligibility, and payout-denial complaints exist.PROS:
- Genuine no-evaluation instant funding from day one|Capital-doubling ladder and a speed-rewarded split|Commission-free and swap-free accounts|No consistency rule on funded accounts|Long-established brand (since 2012)
CONS:
- Now offshore, unregulated and simulated despite the funded branding|Terms contradict themselves, including whether US traders are accepted|Marketing headlines 768K or more, but combined accounts cap near 240K|Top 80 percent split only after several account doublings|Recurring payout-denial complaints citing drawdown breaches and hidden rules
- Czech prop firm (Fintokei a.s.) with a large Japan/Asia user base; simulated forex/CFD evals on MT4, MT5 and cTrader
- Signature: a Dynamic Performance Reward — the split slides 50–100% based on four behaviours, recalculated each payout
- Branded the first FX/CFD firm with true Instant Payouts (Aug 2025), auto-approved in seconds
- Three programs (StartTrader 3-step, ProTrader 2-step, SwiftTrader instant); accounts to ~EUR 400k
- Strong ~4.5 Trustpilot; note the split is earned/dynamic and rules were tightened in Jan 2025
★★★★★
More details +Fintokei
Fintokei is one of the more solid, actively-operating firms in this space: a Czech company with a large, loyal Japanese user base, a strong ~4.5 Trustpilot, genuinely fast (often instant) payouts, and a broad three-program line-up. Its Dynamic Performance Reward is a legitimately interesting idea, a split you earn through discipline rather than buy. Buy it knowing the specifics: the accounts are simulated, the up-to-100% split is dynamic and often lower, and rules were tightened in early 2025 for newer accounts.PROS:
- Dynamic Performance Reward: higher splits are earned through discipline, not bought|Industry-first true Instant Payouts (Aug 2025), auto-approved in seconds|Strong ~4.5 Trustpilot across a thousand-plus reviews|Three programs (StartTrader, ProTrader, SwiftTrader) and MT4/MT5/cTrader|Accounts to about EUR 400,000 with scaling
CONS:
- The up-to-100% split is dynamic and often lower in practice|Accounts are simulated despite funded and capital-up-to-400k marketing|Rules were tightened in Jan 2025 for newer StartTrader/SwiftTrader accounts|Reports of sudden bans for prohibited practices (hedging, copy trading)|Unregulated; aggressive real-time risk monitoring
