The Daily Draw Down
Prop firm guides

Best prop firm for Nasdaq futures (NQ/MNQ).

Comparing the best prop firms for Nasdaq futures (NQ/MNQ) traders. Account sizes, drawdowns, payouts, and what each does well.

Apex Trader Funding

from $147

Traders who want fast scaling, multiple accounts, no time pressure

  • Profit target: 6%
  • Max drawdown: 4%
  • News trading: Allowed
  • Payouts: On-demand after 8 winning days
Visit Apex →

TopStep

from $165

Disciplined futures day traders who want a reputable name

  • Profit target: 6%
  • Max drawdown: 4%
  • News trading: Allowed
  • Payouts: Weekly after 5 winning days
Visit TopStep →

Tradeify

from $129

Traders who want instant-funded paths, lower cost

  • Profit target: 6%
  • Max drawdown: 4%
  • News trading: Allowed
  • Payouts: On-demand after 5 winning days
Visit Tradeify →

TakeProfitTrader

from $150

Traders who want TradingView-native execution

  • Profit target: 6%
  • Max drawdown: 4%
  • News trading: Allowed
  • Payouts: Bi-weekly after 5 winning days
Visit TakeProfit →

FTMO

from $180

Forex swing and intraday traders; overnight holds

  • Profit target: 10%
  • Max drawdown: 10%
  • News trading: Allowed
  • Payouts: Monthly, on-demand after first payout
Visit FTMO →

What to actually look for

For Nasdaq futures (NQ/MNQ) specifically, the rules that matter most are: news-trading allowance, drawdown style (static vs trailing), and payout cadence. Pricing matters less than people think — a $30 difference in eval cost is rounding error compared to whether you can actually trade your style on the funded account.

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