Transparency

The report card we have to publish, whether it flatters us or not.

One futures prop firm publishes its pass rates today. We commit to going further — every quarter, with the raw anonymised CSV attached, so anyone can recompute our numbers instead of trusting our summary of them.

Cadence

First report: one full quarter after launch. Then every quarter, on a published date, whatever the numbers say.

What gets published

5 numbers — and why each one is easy to dress up.

Every metric below exists somewhere in this industry already. What almost never gets published is the version of it that can hurt the firm printing it.

Pass rate

We publish

Both per attempt AND per person, side by side.

Why it matters

These two numbers can differ by a factor of three. Publishing only the flattering one is the oldest trick in this market — a firm with a 17% per-attempt rate can show 52% per person simply because people retry.

Funded traders who actually got paid

We publish

Share of funded accounts that received at least one payout.

Why it matters

Getting funded is not the product. Getting paid is. A firm can fund generously and pay rarely, and no published pass rate would reveal it.

Payout distribution

We publish

Median, 25th and 75th percentile — not an average.

Why it matters

An average payout is trivially inflated by one outlier. The median tells you what a typical paid trader actually received.

Survival curve of funded accounts

We publish

Share of funded accounts still alive at 30, 60, 90, 180 days.

Why it matters

Nobody in this industry publishes this. It is the single number that tells you whether funded accounts are a product or a turnstile.

Median payout time

We publish

From request to money received, median and 90th percentile.

Why it matters

Every firm advertises a maximum. Almost none publish what actually happens, and the tail is where the complaints live.

Method

How each figure is produced.

A number is only worth what its method is worth. Ours is fixed before the first report, so it cannot be tuned once we see what the data says.

  • Every figure is computed from the production database, not a spreadsheet maintained by hand.
  • The anonymised CSV behind each report is attached to it. Account IDs are hashed; nothing identifies a trader.
  • Cohorts are defined by the quarter an account was opened, never by the quarter it happened to perform well.
  • A report is never edited after publication. Corrections are published as a new dated note appended to it.
If we go quiet

Publishing a bad number will hurt. That is exactly what makes the commitment credible — and impossible to copy for a firm whose numbers cannot stand the light. If we ever miss a quarter, treat the silence as the number.

Current status

No report exists yet. The first one is due one quarter after launch — this page is the commitment, published before there is anything to hide.