What we published
On 5 August 2026 we published the Prop Firm Transparency Report 2026 — primary research on the 31 firms we review, based on reading each firm’s Trustpilot profile and its own published documents directly, recording where disclosure and reality diverge, with a source and check date on every finding.
Two public datasets go live with it:
- Rule-change tracker — terms that changed after purchase, recorded as before → after with scope and sources
- Payout verification tracker — each firm’s claimed cumulative payouts set beside what an independent party can check transaction by transaction
The headline numbers
- 8 of the 31 tracked firms currently have their Trustpilot rating withdrawn for a guidelines breach (read 31 July 2026).
- Of the seven firms whose score moved since our 22 June snapshot, one moved up (Topstep); the other six moved down.
- Of the 30 firms whose payout record we could read, zero attach an independent auditor to their cumulative payout claims (Fundora is excluded because its robots.txt disallows automated access).
- Only two firms’ independently checkable payout figures exceed their own claims. TradeDay: $13,394,795 across 11,681 on-chain settlements against a claimed “$10M+” (as of 4 August 2026). Tradeify: $307,056,556 verified against a claimed “$250M+” — though Tradeify’s own pages disagree on the claim itself ($250M+ on the homepage, $100M+ on its careers page).
Every finding carries its source and check date, and is written so the same steps reproduce the same result. The full detail is in the report itself. This page is informational and is not investment advice.