Prop Firm Rules
In the prop trading industry, rules can vary significantly from one firm to another based on their risk-management policies. This section provides key rules for each firm and highlights any significant rule changes along with the specific dates of those changes.
Futures Prop Firm Rules 22
Prohibited practices & key rules
Automated trading (EAs, bots & copy trading)
- Whether you can run expert advisors, algorithmic bots, or copy trades between accounts. Policies vary widely - some firms allow personal automation, others ban it outright.
- Bots/algos: Not allowed in PRO; all trades manually executed
Full Take Profit Trader rulebook →Verified Jun 26, 2026- AquaFuturesNew
Prohibited practices & key rules
No specific rules documented yet - see the full rulebook below.
Full AquaFutures rulebook →Verified Jun 26, 2026 Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- News trading allowed: Prohibited: no opening/closing trades within 5 minutes before or after high-impact red folder news events on funded accounts
Full Blue Guardian Futures rulebook →Verified Jun 26, 2026- E8 FuturesNew
Prohibited practices & key rules
Automated trading (EAs, bots & copy trading)
- Whether you can run expert advisors, algorithmic bots, or copy trades between accounts. Policies vary widely - some firms allow personal automation, others ban it outright.
- Copy trading allowed: Yes
- Expert advisors / automated bots: Not permitted
Full E8 Futures rulebook →Verified Jun 26, 2026 - Earn2TradeNew
Prohibited practices & key rules
Automated trading (EAs, bots & copy trading)
- Whether you can run expert advisors, algorithmic bots, or copy trades between accounts. Policies vary widely - some firms allow personal automation, others ban it outright.
- Copytrading allowed: No
Full Earn2Trade rulebook →Verified Jun 26, 2026 Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- News trading allowed: Yes — no restrictions on news trading
Full Tradeify rulebook →Verified Jun 26, 2026Prohibited practices & key rules
No specific rules documented yet - see the full rulebook below.
Full Traders Launch rulebook →Verified Jun 26, 2026- BulenoxNew
Prohibited practices & key rules
Automated trading (EAs, bots & copy trading)
- Whether you can run expert advisors, algorithmic bots, or copy trades between accounts. Policies vary widely - some firms allow personal automation, others ban it outright.
- Algo/automated trading: Allowed (third-party algos must be pre-approved by Bulenox management)
Full Bulenox rulebook →Verified Jun 26, 2026 Prohibited practices & key rules
No specific rules documented yet - see the full rulebook below.
Full Funded Futures Family rulebook →Verified Jun 26, 2026- DayTradersNew
Prohibited practices & key rules
Hedging
- Hedging means holding opposing positions on the same or correlated instruments - often across multiple accounts - to lock in a near risk-free outcome. Firms treat it as system manipulation rather than genuine trading.
- Hedging allowed: No
Full DayTraders rulebook →Verified Jun 26, 2026 Prohibited practices & key rules
Hedging
- Hedging means holding opposing positions on the same or correlated instruments - often across multiple accounts - to lock in a near risk-free outcome. Firms treat it as system manipulation rather than genuine trading.
- Hedging allowed: No
Full Lucid Trading rulebook →Verified Jun 26, 2026Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- News trading (Prime): Allowed
- News trading (Classic): Prohibited within 2 minutes of high-impact releases
Full The Trading Pit rulebook →Verified Jun 26, 2026Prohibited practices & key rules
Scalping & micro-scalping
- Micro-scalping captures very small price moves with large size in a few seconds. Most futures prop firms allow genuine scalping, but flag accounts where an outsized share of profit comes from trades held only a few seconds.
- Microscalping rule: Profits from trades closed within 2 minutes are deducted
Full Goat Funded Futures rulebook →Verified Jun 26, 2026Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- News trading allowed: Yes (all plans on evaluation; Zero restricted on qualified)
Full Alpha Futures rulebook →Verified Jun 26, 2026Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- Tier-1 news trading (evaluation): Allowed
- Tier-1 news trading (sim-funded, Rapid): Prohibited
Full My Funded Futures rulebook →Verified Jun 26, 2026Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- News trading allowed: Yes
Full Top One Futures rulebook →Verified Jun 26, 2026Prohibited practices & key rules
Hedging
- Hedging means holding opposing positions on the same or correlated instruments - often across multiple accounts - to lock in a near risk-free outcome. Firms treat it as system manipulation rather than genuine trading.
- Hedging between accounts: Prohibited – evaluations must use independent directional trading
Full Apex Trader Funding rulebook →Verified Jun 26, 2026- TopstepNew
Prohibited practices & key rules
Overnight & weekend holding
- Whether positions can be held past the daily close or over the weekend. Many futures firms require flat positions before a daily cutoff, especially on evaluation accounts.
- Position close time (daily): 3:10 PM CT (earlier for certain commodities)
Full Topstep rulebook →Verified Jun 26, 2026 Prohibited practices & key rules
No specific rules documented yet - see the full rulebook below.
Full TradeDay rulebook →Verified Jun 26, 2026Prohibited practices & key rules
No specific rules documented yet - see the full rulebook below.
Full Legends Trading rulebook →Verified Jun 26, 2026- FuturesEliteNew
Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- News trading allowed: Restricted - major Tier 1 news (FOMC, CPI, NFP etc): all positions must be closed 2 minutes before and cannot reopen until 2 minutes after. Strategies designed to exploit news volatility are prohibited.
Full FuturesElite rulebook →Verified Jun 26, 2026 Prohibited practices & key rules
News trading
- Trading through high-impact news releases. Some firms allow it freely, some restrict it during the evaluation, and some prohibit holding through major scheduled news on funded accounts.
- News trading allowed: Yes
Full FundedNext Futures rulebook →Verified Jun 26, 2026