Comparison of the 5 prop firms that let you trade options

I've been looking at funded prop firm accounts for the last long while. If you trade options, you've probably noticed the same thing I did: most of the big names (Apex, TopStep, MyFundedFutures) are built around ES, NQ, GC, CL. Options are not available.

So I went looking for the firms that actually design for options traders. The list is short. Here's what I found on the five I compared, pulled straight from each firm's pricing and rules pages.

Imperial Trader Funding

Multi-asset (stocks + futures + options). Five Elite tiers, $25K at $194/mo up to $1M at $3,249/mo. 1-step evaluation, 10% profit target across the board, 33% single-day consistency cap, trailing drawdown scales by tier (7% on the smaller ones). Reset fee per tier ($200 to $3,000) refunded when you go funded. Profit split scales 80% to 100% at the top institutional tier. Daily payouts, no caps.

Best fit: you trade multiple asset classes and don't want three separate subscriptions.

Maverick Trading

Totally different model. They're a real prop firm, not an eval-fee program. You pay a ~$7K membership + $5K at-risk deposit + $199/mo desk fee, so upfront commitment is ~$12,200. You trade real capital starting at $24,999 and scale through a 6-level program to $500K+. Profit split 65 to 90% depending on level. Monthly payouts on the 1st.

Best fit: you have $12K to commit upfront and want real capital plus a long-term relationship vs. a monthly sub.

Options Funding

Built specifically for options. $25K, $50K, $100K simulated accounts. 1-step eval with zero minimum trading days, so you can pass the target on day one and pass the eval on day one. Growth Plan allows multi-leg (verticals, calendars, condors, butterflies) on a 6% EOD trailing drawdown. Express Plan is buy-only on 3% intraday. Flat 80% profit split from the first payout. The trailing drawdown locks at starting balance the moment you go Funded (so a normal post-peak pullback doesn't kill the account). Activation fee ($99 or $149) gets deducted from the first payout rather than charged upfront, so if you never get funded, you never pay it. Same-business-day payouts. Currently 40% off all accounts which makes the $25K Express the cheapest entry in this comparison.

Best fit: fastest path from signup to first payout (under 24hr is possible structurally), flat split with no withdrawal milestone games.

Trade Fundrr

Three paths. Trader Incubator is a standard eval with payouts in ~10 days. Instant Trader Funding skips eval. The Pro Trader Funding path is the interesting one. You make an initial capital contribution ($250K, $500K, or $1M) and get real-money buying power scaled to $5M, $10M, or $20M, flat 80% split. Pro skips eval and is reserved for already-profitable traders. Setup time on Pro: 5 days from discovery call to live.

Best fit: you've got $250K+ to deploy and want $5M to $20M in buying power on a Pro path.

Vanquish Trader

Options-only firm, founded 2024. Five sizes: $10K, $50K, $75K, $100K, $150K. The $10K starts at $99/mo. 1-step eval, 10% profit target across sizes, 5% EOD trailing drawdown described as a "one-way ratchet that never moves downward, even after losing days", so it effectively locks at peak equity. 30% single-day consistency cap. Minimum 4 trading days + 10 trades to complete eval. 100% profit split marketed on Performance Accounts (standard accounts start at 80%, scale to 90%). Daily payouts once funded, with a 7-day calendar wait from first trade for the first withdrawal.

Best fit: the marketed 100% split, or the widest account-size range.

Cheat sheet

Cheapest entry right now: Options Funding $25K Express at 40% off.

Time to first payout, best case:
– Options Funding: under 24 hours (0 min trading days + same-day funded + same-day payout)
– Imperial: 3 to 4 days
– Trade Fundrr: 10 days
– Vanquish: 11+ days (4 days minimum + 10 trades + 7-day calendar wait)
– Maverick: 30+ days (monthly on the 1st)

Profit split:
– Vanquish: 100% on Performance Accounts
– Imperial: 80% to 100% as you scale
– Options Funding: flat 80% from dollar one
– Trade Fundrr: flat 80% on Pro
– Maverick: 65% to 90% by level

Drawdown behavior on Funded (the one that kills profitable accounts):
– Imperial: trailing continues through Funded
– Vanquish: one-way EOD ratchet, locks at peak equity
– Options Funding: locks at starting balance the when you go Funded, EOD in evaluation
– Trade Fundrr Pro and Maverick: real capital, no trailing-DD concept applies

Who fits what (my take)

– High-frequency small-win strategies (scalping verticals): trailing drawdown is fine because each new high resets the floor close to current equity. Imperial, Vanquish, Options Funding.
– Multi-leg strategies with bigger occasional wins (calendars, condors): static lock at starting balance is more forgiving because a normal post-peak pullback doesn't breach. Options Funding on Funded.
– Already-profitable trader with $250K+ to put up: Pro path at Trade Fundrr.
– Want real capital from day one and have $12K+ to commit: Maverick.
– Fastest path to first dollar, lowest effective monthly cost right now: Options Funding with the current promo.
– Want headline 100% split: Vanquish.

Has anyone been through this comparison process? Anything I got wrong or missed? Will edit if any firm has changed terms recently.