Refundable fee prop firms and refund rules.
Refundable fee claims are attractive, but the refund trigger matters. Some refunds depend on passing, receiving a payout, maintaining account status, or following exact checkout terms.
Refundable fee
Best for visitors comparing challenge price, refund language, reset fees, and discount-code tradeoffs before checkout.
- Read carefullyPassing a challenge and receiving a refund are not always the same event.
- Can change termsDiscounts may affect refundable fee language or checkout conditions.
- Payment methodRefund rails, taxes, and payment processing can vary by country and method.
Programs where this rule matters.
Start with the decisive rule behavior, then open the full evidence before choosing a program.
Full rule-by-rule evidence18 program rows
Rows are sorted by source coverage first, then TSB Fit Score. Always verify the official checkout before paying.
| Firm & program | Daily loss | Max loss / drawdown | Payout / split | Source status | What to verify | Decision links |
|---|---|---|---|---|---|---|
| FTMOFTMO Challenge: 1-Step · Multiple sizes | 3% | 10% / See programme rules | Up to 90% First request from day 14 |
Official/source page | Primary pressure: 3% daily loss, 10% maximum loss. Verify the exact configuration before checkout. | |
| FTMOFTMO Challenge: 2-Step · Multiple sizes | 5% | 10% / See programme rules | See payout rules First request from day 14 |
Official/source page | Primary pressure: 5% daily loss, 10% maximum loss. Verify the exact configuration before checkout. | |
| FundedNextStellar 1-Step · Multiple sizes | 3% | 6% static floor using balance or equity / Static floor using balance or equity | See payout rules Programme-specific |
Official/source page | Primary pressure: 3% daily loss, 6% maximum loss, static floor using balance or equity drawdown. Verify the exact configuration before checkout. | |
| FundedNextStellar 2-Step · Multiple sizes | 5% | 10% static floor using balance or equity / Static floor using balance or equity | Up to 80% Programme-specific |
Official/source page | Primary pressure: 5% daily loss, 10% maximum loss, static floor using balance or equity drawdown. Verify the exact configuration before checkout. | |
| FundedNextStellar Instant · Multiple sizes | No mapped daily limit | 6% intraday trailing then capped at starting balance / Intraday trailing then capped at starting balance | See payout rules Programme-specific |
Official/source page | Primary pressure: 6% maximum loss, intraday trailing then capped at starting balance drawdown. Verify the exact configuration before checkout. | |
| FundedNextStellar Lite · Multiple sizes | 4% | 8% static floor using balance or equity / Static floor using balance or equity | Up to 80% Programme-specific |
Official/source page | Primary pressure: 4% daily loss, 8% maximum loss, static floor using balance or equity drawdown. Verify the exact configuration before checkout. | |
| Topstep$1.5K Challenge · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | Up to 100% Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| Topstep$250K Freedom Funded Trading Combine · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | See payout rules Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| Topstep$25K Static Drawdown Trading Combine · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | See payout rules Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| Topstep$3K Challenge · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | Up to 100% Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| TopstepTrading Combine · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | Up to 90% Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| Apex Trader FundingEnd-of-Day Trailing Drawdown Evaluation · Multiple sizes | No mapped daily limit | See programme rules / End of day trailing calculated at market close and enforced intraday next session | Up to 100% Programme-specific |
Official/source page | Primary pressure: end of day trailing calculated at market close and enforced intraday next session drawdown. Verify the exact configuration before checkout. | |
| Apex Trader FundingIntraday Trailing Drawdown Evaluation · Multiple sizes | No mapped daily limit | See programme rules / Real time intraday trailing | Up to 100% Programme-specific |
Official/source page | Primary pressure: real time intraday trailing drawdown. Verify the exact configuration before checkout. | |
| Alpha FuturesAdvanced · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | Up to 90% Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| Alpha FuturesDirect · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | Up to 90% Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| Alpha FuturesStandard · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | Up to 90% Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| Alpha FuturesZero · Multiple sizes | No mapped daily limit | See programme rules / See programme rules | Up to 90% Programme-specific |
Official/source page | Use the complete programme rules and an exact commercial configuration before checkout. | |
| City Traders ImperiumDirect Funding · $5K–$80K | No mapped daily limit | 6% / See programme rules | See payout rules Programme-specific |
Official/source page | Primary pressure: 6% maximum loss. Verify the exact configuration before checkout. |
How to read this rule
A refundable challenge fee lowers perceived risk, but only if the user understands exactly when and how the refund is paid.
TSB treats refund terms as checkout-sensitive because firms can change add-ons, coupons, resets, and payment conditions without changing the advertised headline.
Before checkout, verify
- Is the fee refunded after passing, after first payout, or after another milestone?
- Does using a promo code affect refund eligibility?
- Are resets, activation fees, data fees, or add-ons refundable?
- Which payment methods can receive the refund?
Refundable fee questions
Does refundable mean risk-free?
No. Refundable usually means the fee may be returned under specific conditions. It does not remove rule-breach risk, reset fees, data fees, or opportunity cost.
Should I use a promo code on a refundable challenge?
Maybe, but verify whether the code changes the refund amount, terms, or eligibility before checkout.
