Analysis
Regulation Watch: EU Pressure Builds for Prop Firm Disclosure Rules
AI-generated narration
European regulators continue informal consultations on whether retail-facing prop firms should fall under existing investor-protection frameworks.
Industry contacts in Brussels and Frankfurt describe an accelerating set of informal consultations on whether retail-facing proprietary trading firms — particularly those marketing evaluations to consumers — should be subject to disclosure rules closer to those governing CFD brokers. No formal proposal has been published, but firms with EU customer bases are increasingly hiring compliance counsel in anticipation. The shape of any eventual rule is likely to hinge on whether evaluation fees are treated as a financial service or a training product.
Popular firms
Apex Trader Funding
Austin, USA
- Model
- Evaluation-Based Funding
- Split
- 100%
- Payouts
- Bi-weekly (up to 2 per month, every 8 days)
- Max
- $300,000
Topstep
Chicago, USA
- Model
- Evaluation-Based Funding
- Split
- 90%
- Payouts
- Weekly (after 5 profitable days)
- Max
- $150,000
FTMO
Prague, Czech Republic
- Model
- Evaluation-Based Funding
- Split
- 90%
- Payouts
- On-demand (default 14 days, weekly available)
- Max
- $200,000
My Funded Futures
Charlotte, USA
- Model
- Evaluation-Based Funding
- Split
- 90%
- Payouts
- Bi-weekly (every 14 days)
- Max
- $150,000
FundedNext
Dubai, UAE
- Model
- Evaluation-Based Funding
- Split
- 95%
- Payouts
- Weekly (Stellar) / on-demand
- Max
- $400,000
Flow Traders
Amsterdam, Netherlands
- Model
- Firm Capital Model
- Split
- 50%
- Payouts
- Annual bonus
- Max
- Institutional only
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