Prop Firm Transparency

Compare prop firms before trusting them with your trading.

The Pain University Prop Firm Transparency Index helps traders review prop firms based on transparency, platforms, US availability, product type, and known concerns.

What we track

Transparency behavior
CFDs or futures model
US trader availability
Supported platforms
Known scam reports
Policy or payout concerns

How we evaluate

We review prop firms based on real user reports, public policy clarity, platform access, restriction transparency, payout behavior, and overall communication.

Transparency Legend

No Scam History — No major known scam concerns.
Caution — Some concerning behavior or unclear policies.
🚩 Red Flag — Significant concerns, reports, or transparency issues.
Prop Firm Database

Search prop firms

Funded Trading Plus

Website
CFDsUS: TBDMatch Trader, DXTrade
Transparency Rating

85% — High Transparency

City Traders Imperium

Website
CFDsUS: TBDMT5
Transparency Rating

60% — Moderate Transparency

FXIFY

Website
CFDsUS: TBDMT4, MT5
Transparency Rating

NaN% — High Risk / Very Low Transparency

CFDsUS: TBDMT5, MatchTrader
Transparency Rating

75% — Moderate Transparency

Funding Pips

Website
CFDsUS: TBDMatchTrader
Transparency Rating

NaN% — High Risk / Very Low Transparency

Sway Funded

Website
CFDsUS: TBDDXTrade
Transparency Rating

NaN% — High Risk / Very Low Transparency

The Funded Trader

Website
CFDsUS: TBDMT5, DXTrade, cTrader
Transparency Rating

0% — High Risk / Very Low Transparency