Disclaimer & Risk Warning

FirmScopes is an independent online publisher comparing prop trading firms (also called "funded trading" or "challenge" providers). We aggregate publicly available pricing, rules, and payout information; we calculate trust and ranking scores from objective data signals; and we surface community reviews and verified payout certificates.

We are not:

• A broker or trading platform — we don't take orders or hold client money
• A financial adviser or planner — we don't make personalised investment recommendations
• A regulated firm — we don't hold any FCA, SEC, ASIC, or equivalent licence
• An agent of any prop firm — though we may earn affiliate commissions (see §5)
• A guarantor of any outcome — we cannot promise that any firm will pay you, nor that any pricing on our site is current at the moment you visit

Trading any leveraged product (futures, forex, CFDs) carries a high level of risk and may not be suitable for everyone. Most retail traders lose money. You should not trade with capital you cannot afford to lose.

Prop firm challenges are simulation products. You pay a fee, trade a virtual account under specific rules, and — if you pass the evaluation — get access to a "funded" account where the firm pays you a share of profit (typically as a contractor or affiliate, not as your employer). Risks include but are not limited to:

• Failing the challenge and losing your fee
• Rules changing mid-evaluation
• Profit splits, scaling plans, or payout terms changing without notice
• Firms going out of business before paying you
• Legal jurisdiction disputes — many firms are based offshore

Past performance — yours, ours, or any payout shown on this site — does not guarantee future results.

FirmScopes is operated as an independent comparison and content website. We are not authorised or regulated by:

• The Financial Conduct Authority (FCA) in the United Kingdom
• The Securities and Exchange Commission (SEC) in the United States
• The Commodity Futures Trading Commission (CFTC) or National Futures Association (NFA)
• The Australian Securities and Investments Commission (ASIC)
• Any equivalent body in any other jurisdiction

We do not provide regulated financial services. If you require regulated advice, please consult a qualified financial adviser authorised in your jurisdiction.

The prop firms we compare may or may not be regulated themselves. Most operate as "education" or "challenge" platforms rather than as regulated brokers. This is a known gray area in the industry. You should always check a firm's regulatory status, terms of service, and complaint history before purchasing.

We do our best to keep data current. Pricing is sourced from each firm's public website and refreshed periodically. Trust scores are calculated from objective signals (years operating, completeness of public information, payout transparency, platforms, scaling plans, etc.) and are not regulatory ratings.

However:

• Firms change their pricing and rules frequently — sometimes within hours
• Promotional codes and discounts may expire without notice
• Affiliate links may carry different pricing from a firm's direct site
• Reviews are user-generated and may not reflect current product quality

Always verify the current price, rules, and terms directly with the firm before completing any purchase. Do not rely solely on FirmScopes for transactional decisions.

FirmScopes may earn commissions when you click through to a firm via our affiliate links and complete a purchase. These links are clearly indicated by a "Discount available" badge or a "Get matched" / "Buy" CTA on the firm's profile page. The commission is paid by the firm, not by you.

Affiliate relationships do not affect rankings. Trust scores and rankings are calculated purely from objective signals. We do not accept payment for higher rankings, trust scores, or featured placement. See our methodology for the full breakdown of how scores are computed.

We may also display non-affiliate firms (firms with which we have no commercial relationship) under the same trust framework. Whether a firm pays us a commission has no bearing on whether it appears on the site.

FirmScopes provides several tools to help you research:

• Challenge Calculator — estimates pass probability using a mathematical model (asymmetric random walk diffusion). Outputs are statistical estimates based on the inputs you provide. They are not predictions of how you will actually trade. Real trading involves emotions, liquidity, news, slippage, and many factors the model does not account for.
• Get Matched — surfaces firms that fit your stated preferences. Matches are recommendations of firms whose advertised rules align with what you said you want. They are not investment recommendations.
• Compare — side-by-side display of public data. Use it as a starting point for your own research, not as a final decision tool.

User reviews and payout certificates displayed on firm pages are submitted by visitors. We verify payout certificates with multiple checks (image hash deduplication, EXIF inspection, AI vision verification of the firm name and amount) but we cannot guarantee that every submission is genuine.

Reviews reflect the experience of individual traders at a specific point in time. They do not necessarily reflect current product quality, and they are not endorsed by FirmScopes.

To the fullest extent permitted by law, FirmScopes, its operators, contributors, and affiliates accept no liability for:

• Trading losses incurred as a result of using information shown on this site
• Inaccuracies in firm pricing, rules, or terms
• Disputes with prop firms over evaluations, payouts, or terms of service
• Loss caused by reliance on the calculator or any other tool
• Loss caused by following affiliate links to third-party sites

You use FirmScopes at your own risk. By using the site you accept this risk allocation.

We may update this page from time to time. The "Last updated" date at the top of this page reflects the most recent change. Continued use of the site after a change indicates your acceptance of the updated terms.

Questions about this disclaimer or any content on the site: contact@firmscopes.com