Prop Firm Comparison: Where They Truly Differ
The table below lists each firm’s hard numbers. This article highlights the differences that actually change your trading experience—so you can spot which firm fits your strategy in seconds.
AudaCity Capital Funded
Active GB 5+ yrs
This firm is established since 2012 in the UK, offering diverse challenge programs and various leverage across popular assets. Some specific details remain unavailable on the main data sources.
QT Funded
Active GB 2–4 yrs
QT Funded (company name Quant Tekel Ltd), founded in 2023, is a UK-based proprietary trading firm offering retail traders access to up to $2,000,000 in capital with up to 90% profit split. It operates three main programs: QT Instant (instant funding, no evaluation), QT Prime (2-step or 3-step evaluation), and QT Power (simplified 2-step evaluation). Trading conditions feature no time limits, solid risk management rules, and allowance for news trading and approved Expert Advisors (EAs). Accounts start as low as $26 and scale with evaluation complexity, platform choice (MT5, cTrader, TradeLocker), and regional currency options (USD, GBP, EUR). The firm emphasizes fast, transparent payouts and provides comprehensive trader support including 24/7 live chat and Discord channels. It has a geographically diverse trader base, with significant presence in Asia, Europe, Africa, and the Americas.
Key Differences
Note: Information is for reference only; please visit the firm’s official website for the most accurate and up-to-date details.
Criteria
AudaCity Capital Funded
Active GB 5+ yrs
QT Funded
Active GB 2–4 yrs
Scaling:
Yes, account doubles on every 10% profit target achieved, up to $2,000,000
Yes
Max Allocation:
Up to $480,000 (typical max per funded account level), scaling up to $2,000,000 available
Starting from $1,250 (Instant) up to $2,000,000 (scaled accounts)
Model / Profit Targets:
Multi-step challenges including Instant, 1-Step, 2-Step, 3-Steps
10% for 1-step; 8% and 5% for 2-3 step evaluations
Time Limits:
None for evaluation phases; minimum trading days required
no fixed minimum or maximum time limits
DD (Daily/Overall):
Daily loss limit 5%; max drawdown 10% on funded accounts; 7.5%/15% in evaluation phase
5%Drawdown limits based on plan; consistency rules in some evaluations
Max Loss:
10% maximum total drawdown on funded account
10%
News Trading:
Allowed during challenge phases; restricted during funded account near news events
Allowed under defined rules
Payout:
Bi-weekly or monthly; minimum $100 withdrawal; payout via bank transfer, PayPal, crypto
Weekly, bi-weekly, or on-demand; fast processing
Split:
Profit splits start at 50-75% depending on program and scaling; up to 90% on Ability Challenge
Up to 90%
Platforms:
MetaTrader 4, MetaTrader 5, DXtrade platform licensing announced
MetaTrader 5, cTrader, TradeLocker
Tradable Assets:
Forex pairs (AUDUSD, EURUSD, GBPUSD, etc.), Metals (XAUUSD), Indices (GER30, SPX500, TECH100)
Forex, Commodities, Indices, Cryptocurrencies
Commissions & Spreads:
N/A
$26 minimum for QT Instant account
Country Access:
N/A
Strong presence in Asia (India), Europe (UK), Africa (Nigeria), North America (USA), Southeast Asia (Thailand)
Pros & Cons
AudaCity Capital Funded — Pros
- Multiple challenge paths including Instant Funding and 1-/2-/3-step options.
- No evaluation time limit with only a minimum trading-days requirement.
- Scaling doubles account size on every 10% target up to $2,000,000.
- Broad platform coverage (MT4/MT5, DXtrade) and diversified assets (FX, metals, indices).
- Flexible payout methods with a low $100 minimum and bi-weekly or monthly cycles.
- Profit split can reach up to 90% on the Ability Challenge.
AudaCity Capital Funded — Cons
- Risk rules can be strict in some phases (≈5% daily and ≈10% total drawdown).
- News trading is restricted around major releases on funded accounts.
- Starting splits of 50–75% on some programs are less attractive than 80–90% peers.
- Typical max allocation per account of ≈$480,000 before scaling is modest versus higher-cap rivals.
- Minimum trading-days requirement can slow fast traders.
QT Funded — Pros
- Profit split up to 90%, competitive with top-tier firms.
- No evaluation time limit with flexible pacing.
- Multiple tracks including 1-step and 2-step challenges.
- Fast payouts with frequent cycles.
- Scaling program available to expand allocation.
- Supports mainstream platforms and broad instruments across FX, indices, commodities, metals, stocks, and crypto.
QT Funded — Cons
- Minimum trading-days requirements may apply on some programs.
- Daily and overall drawdown limits are strictly enforced.
- News-trading restrictions may apply depending on phase/instrument.
- Subject to regional restrictions; not all countries are eligible.
Model & Time Limits: Pace vs. Pressure
- Instant / One-step models favor traders who want quick funding and minimal phases—usually higher fees but faster start.
- Two-phase models trim upfront cost and add verification, but Time Limits can add pressure if you need more trades to realize edge.
- No time limit or lenient windows reduce forced trades; tight windows reward fast, high-activity approaches.
Risk Rules: DD (Daily/Overall) & Max Loss
- Stricter Daily DD = tougher for scalpers during volatility; looser Daily DD = more room for heat intraday.
- Higher Overall DD / Max Loss cushions swing holds; lower buffers suit disciplined, tight-stop systems.
- News Trading allowed favors event traders; restricted news reduces gap risk but limits catalysts.
Payout & Split: Cash Flow vs. Percentage
- Earlier first payout (7–14 days) + frequent cycles = smoother cash flow—even if the split is slightly lower.
- Higher splits shine only if timing, caps, and fees don’t slow you down.
- When two firms tie on split, choose the one with fewer payout frictions (methods, fees, thresholds).
Scaling / Max Allocation: Real Path vs. Big Number
- Clear, incremental scaling (defined profit targets & min days) beats a flashy Max Allocation you’ll rarely reach.
- Shorter milestones reward consistent returns; longer gates suit patient compounding.
Platforms & Tradable Assets: Execution Fit
- Multiple platforms (MT4/MT5/cTrader/TradingView) = flexibility. Single-platform firms can be fine if execution is stable.
- Broader asset lists (indices, FX, commodities, crypto, stocks) unlock more setups; narrow menus force concentration risk.
Commissions: Quiet Edge Eroder
- Lower per-lot/contract commissions preserve edge for active traders; higher costs can negate a better split.
- When two firms feel identical, pick the cheaper fill—it compounds every session.
Restricted Countries: Eligibility & Payout Practicalities
- Check Restricted Countries first—eligibility, KYC friction, and payout rails differ by region.
- If your country is borderline, choose firms with clear guidance and multiple withdrawal methods.
Pros & Cons: How to Read Them Quickly
- Generous drawdown but stricter news → great for non-event strategies.
- Fast payouts but higher commissions → suits low-turnover setups.
- Big scaling but tight time limits → favors high-activity traders.
Make the Call in 5 Checks
- Model & Time — need speed (instant/1-step) or flexibility (no/lenient limits)?
- Risk Rules — DD & Max Loss align with your drawdown profile?
- Payout Mechanics — first payout timing & cycle fit your cash flow?
- Scaling Reality — milestones you can actually hit?
- Costs & Execution — commissions + platform stability ok for your style?
Then use the table’s Discount link, check Trustpilot sentiment, and Visit website for fine print.
FAQs
What’s the fastest path to first payout?
Firms with early first payout windows (often 7–14 days) and weekly/bi-weekly cycles. Confirm fees and caps.
Which firms suit news/event traders?
Those explicitly allowing news trading or with clearly defined windows. If restricted, plan around releases.
How do I break a tie between two similar firms?
Pick the one with looser Daily DD, cheaper commissions, or simpler payout rules—whichever matters most to your P&L.
