No time limit means the evaluation phases carry no expiry date: there is no 30-day phase one and no 60-day overall cap, so you reach the profit target at your own pace. The clock is gone, the rest of the rulebook is not — daily loss limits, overall drawdown and, at most firms, a minimum number of trading days still apply, and inactivity clauses can close a dormant account.
The format suits part-time traders, low-frequency strategies, and anyone whose session does not line up with a calendar month. Our ranking keeps firms that genuinely remove the deadline on both phases, then sorts them on inactivity terms, minimum trading days, whether a monthly subscription replaces the deadline with a recurring cost, payout speed and profit split.
Coming in at number 1, FTMO has been operating since 2015 and scores 88/100 on our scale. Entry starts at €79 for a 1-phase evaluation. The risk envelope is a static drawdown capped at 10 %, with 3 % allowed per day. Funded traders keep 90 % of profits, with a first withdrawal available after 14 days. Notable freedoms: no time limit, expert advisors allowed, news trading allowed. Available on mt4, mt5, ctrader, dxtrade, tradingview.
Founded in Prague in 2015, FTMO reports more than $450 million paid to traders and closed its acquisition of broker OANDA in December 2025. The 2-Step challenge, static drawdown and no deadline, remains its core product, with fees fully refunded on the first payout. Price is the weak spot, and it rose again in 2026.
Ranked 2 on this list, The5ers has been operating since 2016 and scores 86/100 on our scale. Entry starts at $39 for a 2-phase evaluation. The risk envelope is a static drawdown capped at 10 %, with 5 % allowed per day. Funded traders keep 100 % of profits, with a first withdrawal available after 14 days. Notable freedoms: no time limit, no consistency rule. Available on mt5, ctrader, tradingview.
Founded in Israel in 2016, The5ers is one of the oldest forex prop firms still operating. Its strongest asset is the rulebook: static drawdown across every program, no time limit and no consistency rule. The tradable universe stays narrow, though — forex, indices, metals and futures, with no crypto and no equities.
In third place, FundedNext has been operating since 2022 and scores 85/100 on our scale. Entry starts at $59.99 for a 2-phase evaluation. The risk envelope is a static drawdown capped at 10 %, with 5 % allowed per day. Funded traders keep 95 % of profits, with a first withdrawal available after 5 days. Notable freedoms: no time limit, no consistency rule, expert advisors allowed. Available on mt4, mt5, ctrader, match-trader.
On the forex and CFD side, FundedNext runs just two routes: Stellar 1-Step (10% target, 6% max loss) and Stellar 2-Step (8% then 5%, 10% max loss). Both use static drawdown, carry no deadline and come with refundable fees. Pricing is on the high side, and the headline 95% split needs a paid option — the contractual base is 80%.
In 4th place, City Traders Imperium has been operating since 2018 and scores 83/100 on our scale. Entry starts at $29 on an instantly funded account. The risk envelope is a trailing intraday drawdown capped at 6 %. Funded traders keep 100 % of profits, with a first withdrawal available after 7 days. Notable freedoms: no time limit, no consistency rule, expert advisors allowed, news trading allowed. Available on mt5, match-trader.
City Traders Imperium has funded forex traders since 2018 through four routes — 1-Step, 2-Step, Instant Funding and Direct Funding — with no time limit and entry from $29. The profit split starts at 80% and can reach 100%, but the 1-Step allows only 5% trailing drawdown and every trade must carry a stop loss.
In 5th place, FundingPips has been operating since 2022 and scores 83/100 on our scale. Entry starts at $29 for a 2-phase evaluation. The risk envelope is a static drawdown capped at 6 %, with 3 % allowed per day. Funded traders keep 100 % of profits, with a first withdrawal available after 7 days. Notable freedoms: no time limit. Available on mt5, ctrader, match-trader.
FundingPips lets you choose the withdrawal rhythm and prices the split accordingly: 60% weekly, 80% biweekly, 90% on demand, 100% on a monthly cycle. Its four evaluation models keep static drawdown, with only the instant-funding Zero account switching to trailing. Against that, a Striking System closes a funded account on the fourth warning.
In 6th place, Bulenox has been operating since 2022 and scores 81/100 on our scale. Entry starts at $145 for a 1-phase evaluation. Funded traders keep 100 % of profits, with a first withdrawal available after 10 days. Notable freedoms: no time limit, expert advisors allowed, news trading allowed. Available on ninjatrader, rithmic, quantower.
Bulenox is a futures-only firm run from Delaware since 2022. Accounts are sold as renewable monthly subscriptions, $145 to $325 for $25,000 to $150,000, payouts clear every Wednesday, and the first $10,000 goes entirely to the trader. It holds 4.7/5 across 1,761 Trustpilot reviews, but a 40% consistency rule gates withdrawals and drives recurring complaints.
Coming in at number 7, Alpha Capital Group has been operating since 2021 and scores 80/100 on our scale. Entry starts at $27 for a 1-phase evaluation. The risk envelope is a trailing (end of day) drawdown capped at 4 %, with 3 % allowed per day. Funded traders keep 90 % of profits. Notable freedoms: no time limit, news trading allowed. Available on mt5, ctrader, dxtrade, tradelocker.
Alpha Capital Group is a UK forex prop firm registered in 2021, running eight programs that span a $27 two-phase challenge through to accounts funded at purchase. The rulebook is permissive — news, weekend and overnight holding allowed, four platforms — but the tradable universe stops at forex, indices and metals, and Trustpilot has suspended the rating over fake reviews.
Ranked 8 on this list, Funded Trading Plus has been operating since 2021 and scores 80/100 on our scale. Entry starts at $89 for a 1-phase evaluation. The risk envelope is a trailing intraday drawdown capped at 6 %, with 4 % allowed per day. Funded traders keep 100 % of profits. Notable freedoms: no time limit, expert advisors allowed. Available on mt5, ctrader, dxtrade, match-trader.
A London firm founded in late 2021 and bought by Instant Funding in May 2026, Funded Trading Plus pays every 7 days on its 1-Step Express and Instant programs, with the split rising from 80 to 100% and scaling up to $5 million. The catch: intraday trailing drawdown on both, and a Trustpilot score the platform has pulled.
Coming in at number 9, My Funded Futures has been operating since 2023 and scores 80/100 on our scale. The risk envelope is a trailing (end of day) drawdown capped at 4 %. Funded traders keep 90 % of profits, with a first withdrawal available after 1 days. Notable freedoms: no time limit, news trading allowed. Available on ninjatrader, tradovate, tradingview, quantower, volumetrica.
Launched in late 2023 in Delaware, My Funded Futures posts the highest customer satisfaction in our futures database, at 4.9/5 across more than 21,000 reviews. Its four plans share a 6 % target and an end-of-day trailing drawdown that locks above the starting balance. The notable trade-off: over 80 countries are excluded.
Ranked 10 on this list, TradeDay has been operating since 2020 and scores 80/100 on our scale. Entry starts at $131 for a 1-phase evaluation. Funded traders keep 90 % of profits, with a first withdrawal available after 0 days. Notable freedoms: no time limit, news trading allowed. Available on tradovate, rithmic, ninjatrader, tradingview.
TradeDay was founded in Chicago in 2020 by two former institutional market professionals, and that background shows in the rulebook: no daily loss limit, news trading and scalping allowed, and withdrawals available from day one. The May 2026 rework dropped static drawdown accounts in favour of two paths, Quick Pay and Fast Pass.
No-time-limit evaluations began as a differentiator and ended up as the default. The original format ran a 30-day phase one under a 60-day overall cap, which pushed traders into forced setups as the deadline approached — the most common way accounts died in the final week. Removing the clock changed the failure profile: firms lose fewer accounts to deadline panic and keep customers on their servers longer, which suits a business built on the volume of attempts rather than on traders failing fast. The concession costs the firm very little. Treat an open-ended evaluation as a baseline expectation, not as the reason to pick one firm over another.
Where the deadline quietly comes back
Three clauses reintroduce a calendar. Inactivity rules deactivate an account after a stretch without trades, usually measured in weeks, and at some firms the breach is terminal rather than a pause. Minimum trading day requirements set a floor on how quickly you can finish, no matter how fast you hit the target. And monthly subscription pricing — the norm among futures firms — replaces a cap on time with a charge for it: the evaluation never expires, but every additional month is billed. Before buying, locate where the clock reappears in each offer: the evaluation phase, the funded stage, or the invoice.
What an open-ended evaluation actually changes
Technically, nothing. The daily loss limit still ends most accounts, and it does not care how much time is left. The change is behavioural. A trader with no deadline takes the setups that fit the plan instead of the ones the calendar demands, and pass rates improve for that reason alone. The reverse effect is real too: with no pressure at all, some accounts drift for months, attention fades, and the inactivity clause eventually collects. The format pays off most for part-time traders, single-session traders, and strategies that produce only a handful of valid signals a month. It adds little for an active intraday scalper, who was never constrained by 30 days in the first place — that trader should weigh price, drawdown mechanics and payout speed instead.
Frequently asked questions
Do no time limit prop firms still require minimum trading days?
Many do, and the two rules are not contradictory. Removing a calendar deadline does not stop a firm from requiring a minimum number of active sessions to demonstrate consistency. Some firms have dropped both constraints, others keep only the trading-day floor. Check this first, because it sets the shortest possible duration of your evaluation.
Can my account be closed if I stop trading?
Yes. Most firms without a time limit apply an inactivity clause that deactivates an account after a period with no positions, typically counted in weeks. It exists to keep dormant accounts off their servers. A single trade usually resets the counter, but at some firms the breach is permanent once triggered rather than a temporary suspension.
Does the no time limit rule cover the funded account too?
Almost always, though other constraints replace it: fixed payout cycles, a required number of trading days before a withdrawal, or a stricter inactivity clause. The marketing claim refers to the evaluation phases. On a funded account, your real pace is set by the withdrawal schedule and the inactivity rule, not by an expiry date.
Are unlimited-time challenges more expensive?
Rarely in any visible way. Removing the deadline became a competitive standard rather than a paid upgrade at most firms. The models where time genuinely costs money are monthly subscriptions, common among futures firms: the evaluation never expires, but each additional month is billed until you either pass or stop paying.