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Prop Firms Review Process
FXEmpire Prop Firm Reviews
How Do We Test
Our proprietary rating system is the backbone of the prop firm evaluations, guaranteeing objectivity and thoroughness. We conduct meticulous testing and research, employing a mix of live trials, detailed questionnaires, and comparison with the industry average.
By analyzing over 100 variables across 6 critical categories – from trust and transparency to challenges to payouts – we craft a comprehensive profile for each prop firm. Categories are scored on a scale from 1 to 5, with 5 indicating excellence. This rigorous methodology equips traders with the insights needed to identify the best prop firms for their individual trading preferences and requirements.
The table below breaks down the criteria we assess in our broker reviews and their weight in our final ratings:
Category |
What do we test? |
Weighting |
| Trust | We assess the firm’s credibility by analyzing its background, transparency of trading rules, payout reliability, and overall openness, including trader feedback and verified performance reports. Trustpilot ratings are also factored in. | 25% |
| Challenges | We examine the structure and fairness of the firm’s challenge programs, focusing on the widely used two-step model. Key metrics include profit targets, drawdown limits, leverage, and trading requirements. | 21% |
| Price | We evaluate how much trading capital a trader receives relative to their entry fee by analyzing the price-to-capital ratio across one-step, two-step, and three-step challenges, along with instant funding. | 10% |
| Trading Conditions | We assess how flexible and trader-friendly the trading environment is by examining fees, platforms, instruments, and account rules (including scaling, inactivity, and demo/Islamic account availability). | 22% |
| Payouts | We evaluate the transparency and efficiency of the payout process, considering profit split terms, frequency, processing time, fees, and available withdrawal methods. | 14% |
| Support | We test the quality and accessibility of customer support and the availability of educational resources designed to help traders succeed. | 8% |
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