The score expresses the value one gets for his fee in multiple times (based on Euler figure) versus own compounding on your own personal account. Some more reputable prop firms especially in FX space (they are also all offering CFDs for some futures (+ cryptos)). The advantage of FX prop firms are that nearly all are offering fixed drawdowns and no trailing drawdown, so it is easier to pass them. That is why those have been chosen here. The downside limit boundary tells you how many attempts you have until it is better just to trade on your own personal account. The upper limit boundary tells you how much profit percentage in 1 month or payout cycle you need to do when it starts to be more favorable to trade on your own personal account. This is also expressed as factor which is Reward-Risk-Ratio of profits to drawdown one trader has. BE means Breakeven as trade-off point.
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There are a few things missing from the info on each firm to derive scores and rank.
For example--
1) On daily max drawdown and max total drawdown there needs to be additional scoring taken into consideration as to whether the funding/challenge firm in question uses fixed drawdowns below the zero line Versus using any type of trailing drawdowns and if using trailing drawdowns then what type of trailing drawdown is used (i.e. intraday, end of day or other) as the type of drawdown and the specific rule language on how and when a trailing drawdown is calculated and applied can make the deal more attractive or less attractive to the trader.
2) Other things need to be factored into the scoring such as live account payouts--do they have a reputation and history of paying the trader their share of the profits in a consistent and timely fashion (and do they pay the trader the full amount owed to them regardless of amount owed), do the firms allow traders to withdraw 100% of their profits repeatedly and ongoingly and still retain full funding from the firm (do the firms have rules in live accounts that take away a portion of, or 100% of, the firms funding once a trader has reached a certain amount of profits (thus leaving the trader in a position where the only way they have "funding" to trade on from that point forward is the leave profits in their account (since there is no more risk funding being supplied by the trading firm) and now the trader is trading from their profits only and paying the firm a % of profits (if trader keeps his/her account open).
3) Also is there an additional consistency factor required to get funding at all and/or maintain funding ( a negative) or is the consistency factor only used as an incentive to increase traders funding (a positive).
4) Also what is the firm’s policy on profits leftover on a live funded account if you violate a rule on a live funded account which results in live funded account closure but there are still profits left in the account - do they pay you the remaining profits or do they confiscate them due to account closure?
example: you pass all required challenges and earn a funded account that has a $5,000 daily loss limit and a $10,000 max total loss limit and your payout % is 80%. You generate $25,000 in profits but then have a bad session and lose $5,000 and violate the daily loss limit but still have $20,000 in profits
The firm closes your live funded account but what happens to the $20,000 in leftover profits— after account closure due to rule violation does the firm pay you the 80% of your $20,000 in profits leftover or does the firm confiscate the $20,000 in profits as a further Penalty for violating the rule
