No Time Limit Prop Firms

Funding Pips is a Comoros-registered prop firm (FundingPips Corp) with an administrative base in Dubai. All accounts are simulated. The advertised "up to 100%" profit split is neither a tier you earn nor an add-on you buy - it is a payout-frequency trade-off: weekly pays 60%, bi-weekly 80%, on-demand 90% and monthly 100%. That makes it the only major firm whose top split is free and rule-based rather than bought or scaled into. Maximum drawdown is STATIC on all four standard models (a floor that never moves) - the exceptions are FundingPips Zero, which trails at 5% and is by far the strictest product here, and Prime, which trails at 8%. Six programmes, fees from 29 to 888 USD, max allocation 400,000 USD, and Prime scaling to 2,000,000. Weekend holding has been suspended on funded accounts since January 2026. The challenge fee is refunded at your 4th reward on 1 Step and 2 Step Standard only - reset fees never are.

FXIFY is a broker-backed prop firm running six funding paths plus a separate crypto line. The trading entity, Prime Intermarket Group Eurasia Ltd, holds a Mauritius Investment Dealer licence (GB24204066) and a UK company, FXIFY Solutions Limited, acts as payment agent. Its defining feature is a genuine first payout on demand: close one trade on a funded account and request the money, with no minimum days, lots or amount, and the trailing drawdown locks at your starting balance once a payout is processed. Entry starts at $39 for a $5,000 Three Phase account and tops out at $400,000. The evaluation programmes allow EAs, weekend holds and news trading and refund the fee in full; Instant Funding allows none of those. Credibility housekeeping is the weak spot: the public payouts dashboard returned zero records when we checked on 17 September 2026, and two pages on the site give different trader and payout totals. Not available to US residents.

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.

Hola Prime is a simulated prop firm launched in late 2024, selling forex and futures evaluations through Hola Prime Limited Cyprus (HE 454359), a subsidiary of Hola Prime Limited in Hong Kong. Its defining feature is a 1-hour payout claim with a Zero Payout Denial Policy, backed by an independent Deloitte review that reported 98.35 percent of withdrawal requests completed within the hour with zero denials between 15 October 2025 and 15 March 2026. Four forex plans are sold, 1-Step Prime, 2-Step Prime, 2-Step Pro and Direct, at 5,000 to 50,000 dollars only, plus two futures plans at 25,000 to 150,000. The split is 80 percent bi-weekly or on demand and 95 percent monthly for 20 percent more on the fee, with scaling advertised to 4 million. Two caveats sit under the headline: every payout waits on an account review of up to 24 business hours, and a 2.5 percent processing fee applies, minimum 25 dollars by wire or Rise and 5 by crypto. The prop firm itself is unregulated; only the Mauritius broker leg holds a licence.

Instant Funding is a no-evaluation simulated prop firm that markets itself as established in the UK in 2021, but the entity you contract with is IF Pro Ltd, an International Business Company registered in Saint Lucia in 2025 under number 2025-00056. The UK company in the footer, Acello Ltd, is its payment agent. Five programmes are on sale, from 625 to 120,000 dollars, on MetaTrader 5, cTrader and Match-Trader. Its defining rule is Smart Drawdown: a static 10 percent maximum loss on your starting balance that tightens permanently to 5 percent once you are 5 percent up, so the first stretch of profit is the most costly to give back. The split is 80 percent everywhere, or 90 with an add-on, and scaling doubles the account at a 10 percent gain up to 1.28 million while consuming only 5 percent of the starting balance. Two cautions before buying. News trading and weekend holding are paid add-ons on the flagship and GO lines, and breaching without them can strip your profit or reset the account. And the firm publishes no payout data at all, while its Trustpilot rating is currently unavailable on Trustpilot's official website across 4,379 reviews that run 27 percent one-star.

Lux Trading Firm has a genuinely differentiated pitch: a professional-trader career model with an audited track record, a monthly salary, funding to $10m, a 6% static drawdown with no time limits and a fully-refunded evaluation fee. Read the details rather than the marketing: the evaluation is demo, the regulated-member-of-TPA badge does not mean the firm is regulated, the 5% Single Trade Profit Limit rules out big winners, and the instant-withdrawal claim is contradicted by real payout-delay reports.

Pipcy pairs an unusually trader-friendly rule set with a competitive commercial one. Every programme uses a static drawdown, there is no daily loss limit, no consistency rule and no time limit, which removes the two rules that end most accounts elsewhere. The split starts at 80 percent and scales to a full 100 percent, which few firms offer. Against that, the challenge fee is not refundable at all, and Conquest Services Limited was only incorporated in 2026 with no payout history to examine.

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.

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 funded stage runs under a two-entity structure, with RIFM s.r.o. providing the evaluations and RIFM or FRCSM s.r.o. managing the funded RCF stage. Verify the key terms directly before buying.

Stampede launched in July 2026 with terms that are unusually clean for the sector: static drawdown on every plan on sale, no consistency rule, no time limit, and on-demand USDC payouts from the first profitable funded trade with no caps or winning-day gates. The Terms are candid too, disclosing both the simulated product and the firm's own conflict of interest in plain language. Go in knowing the trade-off: this is a weeks-old, unregulated firm with no payout record at all, so the quality sits in the rulebook rather than in evidence.

Take Profit Trader is a US futures funding firm based in Windermere, Florida, trading only exchange-listed futures across CME, COMEX, NYMEX and CBOT on 15-plus third-party platforms such as NinjaTrader, Tradovate and TradingView. Its defining feature is day-one payouts: after a one-step Test of at least 5 trading days, the funded PRO account lets you withdraw from day one with no minimum profit days, once you clear a buffer. The catch is that the funded PRO account is still simulated and uses a stricter intraday trailing drawdown, and profits inside the buffer only pay out, at 50 to 80 percent, if you close the account. The split is 80/20 on PRO and 90/10 on the optional live PRO+, there is no daily loss limit, and US traders are accepted.

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.