PropShop Trader Review 2026 - Scalable Profit Splits
Our complete PropShop Trader review covers their scalable 80-90% profit split, 2-step evaluation, platform options, and who it's best suited for in 2026.
Profit Split
80% - 90%
Max Funding
$250K
Starting From
$299
Platforms
NinjaTrader, Rithmic
Key Takeaways
- MASSIVE 2026 UPDATE: PropShop Trader has eliminated SIM payouts. You must now reach the “Real Prop Phase” to receive any withdrawals.
- They offer two paths: Warrior Path (Evaluation) and Gladiator Path (Instant Sim Funding).
- Upon reaching the real live phase, traders receive a 50% signing bonus of their built-up sim profits.
- Maximum funding capacity has been raised to $250K.
What is PropShop Trader?
PropShop Trader is a proprietary trading firm that takes a methodical approach to funding traders. Their 2-step evaluation process is designed to identify traders who can be consistently profitable, not just lucky. The firm rewards this consistency with a scaling profit split that starts at 80% and can reach 90%.
PropShop focuses exclusively on futures trading and has carved out a niche among traders who appreciate a more structured path to funded trading. Their approach attracts traders who are confident in their strategies and willing to prove it through a two-phase evaluation.
Pricing & Account Options
Pricing & Account Options (2026 Update)
PropShop Trader charges a one-time fee for their accounts, rather than a monthly subscription:
| Account Size | Warrior Path (Eval) | Drawdown | Max Contracts |
|---|---|---|---|
| $25,000 | $299 | $1,500 | 3 |
| $50,000 | $449 - $499 | $2,500 | 7 |
| $100,000 | $1,399 - $1,499 | $3,000 | 12 |
| $250,000 | Custom Pricing | Custom | 25 |
Use code SHOP10 to get 10% off any account size. They also frequently run sales on their “Instant Gladiator” accounts.
Use code SHOP10 to get 10% off any account size.
How the Evaluation Works
How the Evaluation Works
PropShop now offers two distinct paths to a funded account:
- Warrior Path (Evaluation): A traditional evaluation path. You must hit the profit target while respecting a Trailing Drawdown (TDD).
- Gladiator Path (Paid Trading Sim Account): Direct access to a simulated account without passing a traditional Phase 1 evaluation.
The Real Prop Phase Requirement
Historically, PropShop allowed payouts from simulated accounts. That is no longer the case. You must now achieve a minimum set of benchmarks (sometimes up to 8 progression benchmarks) to move from the Simulated Phase to a Real Prop Trading Account (RPTA) with live capital. Only then are you eligible for actual cash payouts.
Payout Policy & Speed
- Profit Split: Up to 90% (but only once in the Live Stage)
- Simulated Payouts: Eliminated (Jan 2026 update)
- Signing Bonus: 50% of your accumulated sim profits are paid as a signing bonus when you finally reach the live phase (the remaining 50% is spread across your first two real payouts).
- Payment Methods: Wire transfer, ACH, cryptocurrency
The elimination of SIM payouts caused significant controversy, with many traders unhappy about being forced into the Live phase before seeing any real money.
Pros & Cons
What We Like
What We Like
- Two Pathways - Choose between Warrior (Eval) or Gladiator (Instant Sim)
- Live Trading Opportunity - Forces you into real markets eventually
- Signing Bonus - Getting 50% of your simulated profits as a bonus is a nice touch
- Professional Platforms - NinjaTrader and Rithmic
What Could Be Better
- No More SIM Payouts - You cannot withdraw money while in the simulation phase
- High Friction - It takes a long time and many benchmarks to reach the live payout phase
- Trust Issues - The sudden rule change heavily damaged community trust
- High Initial Pricing - $299 for a $25K account is very expensive compared to competitors
Who Should Use PropShop Trader?
Best for:
Best for:
- Traders who want to trade live capital in real markets
- Those who don’t mind a long progression phase before seeing their first payout
- Traders looking for Instant Simulation Funding (Gladiator Path)
Not ideal for:
- Traders looking for quick, easy payouts from simulated environments
- Traders who want the cheapest possible evaluation
- Mac users without access to Windows platforms
Our Verdict
PropShop Trader earns 4.3/5. Their 2026 decision to completely eliminate simulated payouts was highly controversial, alienating traders who relied on quick withdrawals. However, if your ultimate goal is to trade a true Live account with real capital, their progression system ensures you are battle-tested before you get there.
Rating Breakdown
| Category | Score |
|---|---|
| Pricing | 4.0 / 5 |
| Evaluation Rules | 4.0 / 5 |
| Payout Speed | 4.0 / 5 |
| Platform Quality | 4.5 / 5 |
| Scaling Plan | 5.0 / 5 |
| Overall | 4.3 / 5 |
Use code SHOP10 at checkout to save 10% on any PropShop Trader account.
Frequently Asked Questions (FAQ)
How do I get the 90% profit split at PropShop?
Why did PropShop stop offering SIM payouts?
In January 2026, PropShop Trader made a controversial update that eliminated simulated payouts. They now require traders to hit multiple benchmarks to earn a Real Prop Trading Account (RPTA) before they can withdraw real money. They cite a desire to build a “true” proprietary trading firm with live capital rather than relying on simulated environments.
What is the Gladiator Path?
The Gladiator Path gives you direct access to a Paid Trading Sim Account without having to pass the Phase 1 evaluation (Warrior Path). However, you still cannot withdraw money from this account until you graduate to the Real Prop Phase.
Can I trade on a Mac with PropShop?
PropShop supports NinjaTrader (Windows) and Rithmic. Mac users will need a virtual machine or VPS to use these platforms effectively. There is no browser-based option currently available.