Which has a higher profit split — L7 Select or Papaya Funding?

L7 Select pays 80%; Papaya Funding pays 90% of trader profits once funded. Papaya Funding pays a higher share to the trader.

Is L7 Select cheaper to start than Papaya Funding?

L7 Select: evaluation from $20 ($5K), $40 ($10K), $100 ($25K), $200 ($50K), $350 ($100K); one-time fee. Papaya Funding: offers instant funding (no evaluation).

Which pays out faster — L7 Select or Papaya Funding?

L7 Select payouts: On request once profit reaches 10% of cycle balance; paid in USDC on Arbitrum. Papaya Funding payouts: Every 5 days on futures (min $500); every 14 days on CFDs (min 1%). Paid via Rise, crypto or store credits..

What's the maximum allocation at L7 Select vs Papaya Funding?

L7 Select scales up to $100,000. Papaya Funding scales up to $1,000,000.

Head-to-head

L7 Select vs Papaya Funding

L7 Select vs Papaya Funding covers the two firms side by side on the facts recorded in their profiles, profiled by proprietarytrading.com.

Profit splits, evaluation fees, payout cadence, supported assets, and trading rules for L7 Select and Papaya Funding. Data pulled live from our firm listings.

Quick verdict

L7 Select is best for

traders focused on stocks.

Full L7 Select profile →

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Quick verdict

Papaya Funding is best for

traders prioritizing profit share (90% vs 80%); traders who want to skip the evaluation; scaling toward larger allocations (up to $1,000,000).

Full Papaya Funding profile →

Visit site

Cost to first payout

What it actually costs to reach payout — a normalized estimate built from each firm's lowest published evaluation cost, monthly fees, and first-payout window. Estimates, not guarantees. Each card shows the assumptions used.

L7 Select is roughly $39 cheaper to reach a first payout than Papaya Funding, based on published fees alone.

L7 Select

estimate

Approx. total

to reach first payout eligibility

Approx. time

—

from sign-up to first eligible request

Start cost: $5
Monthly fee: —

How we estimated this

Evaluation path: lowest published one-time evaluation fee.
Source — eval fee: $20 ($5K), $40 ($10K), $100 ($25K), $200 ($50K), $350 ($100K); one-time fee; monthly: None (one-time fee); first payout: —.

Papaya Funding

estimate

Approx. total

$44

to reach first payout eligibility

Approx. time

—

from sign-up to first eligible request

Start cost: $44
Monthly fee: $129/mo

How we estimated this

Instant-funding path: lowest published activation cost.
Source — eval fee: CFDs: one-time fee from $44; monthly: Futures: monthly subscription from $129; first payout: —.

Trade-offs

Where each firm is weaker

No firm wins on every axis. These are the most meaningful drawbacks of each option — derived from the same structured fields shown in the table, never invented.

L7 Select trade-offs

Lower profit split
Pays 80% versus 90% — 10 points less of every funded dollar.
Slower to funded
Requires passing an evaluation before payouts. Papaya Funding offers instant funding as an alternative path.
Lower scaling ceiling
Scales to $100,000 vs $1,000,000 at Papaya Funding — caps long-term capital growth.

Papaya Funding trade-offs

No structural disadvantages versus the other firm based on the fields we track.

Decision guide

Best for your trader type

Highest profit share
Papaya Funding
90% vs 80%
Fastest to funded
Papaya Funding
Offers instant funding.
Biggest scaling ceiling
Papaya Funding
Up to $1,000,000.

Attribute	L7 Select Evaluation	Papaya Funding Evaluation + Instant Funding · est. 2026
Cost
Evaluation fee	$20 ($5K), $40 ($10K), $100 ($25K), $200 ($50K), $350 ($100K); one-time fee	CFDs: one-time fee from $44
Monthly fee	None (one-time fee)	Futures: monthly subscription from $129
Evaluation required	Yes	Yes
Instant funding	—	Yes
Capital
Profit split	80%	90%
Max allocation	$100,000	$1,000,000
Account sizes	$5K, $10K, $25K, $50K, $100K	CFDs $5,000–$200,000; futures $25,000–$150,000 (simulated)
Scaling	—	—
Payouts
Frequency	On request once profit reaches 10% of cycle balance; paid in USDC on Arbitrum	Every 5 days on futures (min $500); every 14 days on CFDs (min 1%). Paid via Rise, crypto or store credits.
First payout	—	—
Assets
Futures	—	Yes
Stocks	Yes	—
Options	—	—
Forex	Yes	Yes
Crypto	Yes	Yes
Trading rules
News trading	—	—
Overnight holding	—	—
Weekend holding	—	—
Copy trading	—	—
Technology
Platforms	—	DXtrade, cTrader, MatchTrader, GooeyPro, Rithmic, DXFutures, Volumetrica
Data feed	—	—
Company
Headquarters	Lewes, Delaware, USA	—

About L7 Select

One-step simulated crypto evaluation on Hyperliquid spot and perps with approved Polymarket prediction markets. Reach 10% realized profit (max 2% counted per day) within a 3% static max drawdown and 3% daily trailing limit, no time limit. Funded accounts are provided by 8AAK55 Limited (BVI) after KYC and review, with an 80% split paid in USDC.

Full L7 Select profile →

About Papaya Funding

Forex/CFD and futures prop firm launched in October 2026, offering one- and two-step evaluations plus Instant Funding, with up to $1M total allocation.

Full Papaya Funding profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

L7 Select

Reputation

—canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d

—monitoring status

Last change: —
Type: —
Sources monitored: —
Status: No changes detected in monitored sources

Weekly diff of the firm's published rule pages (terms, rules, FAQ, legal). "No changes detected" only means none of the monitored monitored sources changed — other surfaces (Discord, email, dashboards) are not covered. "Limited" or "unavailable" means our monitor cannot reach enough sources to make an honest call.

Papaya Funding

Reputation

—canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d

—monitoring status

Last change: —
Type: —
Sources monitored: —
Status: No changes detected in monitored sources

Frequently asked

Common questions

Which has a higher profit split — L7 Select or Papaya Funding?: L7 Select pays 80%; Papaya Funding pays 90% of trader profits once funded. Papaya Funding pays a higher share to the trader.
Is L7 Select cheaper to start than Papaya Funding?: L7 Select: evaluation from $20 ($5K), $40 ($10K), $100 ($25K), $200 ($50K), $350 ($100K); one-time fee. Papaya Funding: offers instant funding (no evaluation).
Which pays out faster — L7 Select or Papaya Funding?: L7 Select payouts: On request once profit reaches 10% of cycle balance; paid in USDC on Arbitrum. Papaya Funding payouts: Every 5 days on futures (min $500); every 14 days on CFDs (min 1%). Paid via Rise, crypto or store credits..
What's the maximum allocation at L7 Select vs Papaya Funding?: L7 Select scales up to $100,000. Papaya Funding scales up to $1,000,000.

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