YRM Prop Review 2026 — Rules, Accounts, Pricing & Everything You Need to Know

‍YRM Prop is shaping up to be one of the more promising new entrants in the futures prop trading space. Launched in mid-2025, this New York-based firm has quickly built a reputation for straightforward rules, competitive pricing, and lightning-fast payouts. After personally trading their evaluations and getting funded, I can say this firm takes professionalism seriously — and that's refreshing in an industry where newer firms can be hit or miss.

Here's the deal: YRM Prop offers both traditional one-step evaluations (Starter Challenge) and instant funding options (Instant Prime), with a 90/10 profit split across the board. The firm focuses exclusively on futures trading and has positioned itself as a transparent, trader-friendly alternative in an increasingly crowded market. With backing from the team behind Ocean-One Securities and competitive launch pricing that's hard to ignore, YRM Prop deserves a closer look.

Quick heads-up: This article is based on my real experience with YRM Prop and the info available when I published/updated this. Things change in prop trading — rules, payouts, promos, all of it. For the absolute latest, check YRM Prop's website or their help center.

What is YRM Prop?

YRM Prop is a futures-only proprietary trading firm that provides traders with simulated funded accounts to trade listed futures products on major U.S. exchanges. Founded in June 2025 by Mohamed Saidi (commonly known as "Moe" in the trading community), the firm operates out of New York and has quickly established itself as a serious player in the prop funding space.

What makes YRM Prop's background interesting is its connection to Ocean-One Securities, a Bahamas-based broker-dealer under ST Global Markets Ltd. This institutional backing gives the firm credibility that many newer prop firms lack. The CEO himself brings experience from TradeZero, where he was involved from the startup phase, and co-founded BBA Technologies Inc., a security software company with a Microsoft contract.

YRM Prop operates as a simulated funding provider, meaning traders use simulated capital during the evaluation and Prime account phases. Traders who demonstrate consistent profitability and strong risk management can eventually transition to Live Accounts with access to real capital — a genuine pathway to professional trading that sets YRM apart from firms that keep traders in simulation indefinitely.

What Makes YRM Prop Different

In a market saturated with futures prop firms making similar promises, YRM Prop has carved out several distinct advantages.

Industry-Leading Challenge Pricing

YRM Prop's Starter Challenge pricing is among the lowest in the futures prop space:

• $50,000 account: $37 per month
• $100,000 account: $97 per month
• $150,000 account: $349 per month

The subscription model means traders aren't risking hundreds of dollars on a single attempt. Frequent discount codes offering 30-40% off make the barrier to entry even more accessible.

Zero Activation Fee (Launch Offer)

Most prop firms charge $99-$160+ to activate funded accounts after passing evaluations. YRM Prop's current launch offer waives this entirely — $0 activation fee. This promotional pricing won't last forever.

Static Drawdown During Evaluation

During the Starter Challenge phase, YRM Prop uses a static drawdown that doesn't trail profits. Key benefits include:

• Breach level stays fixed from account start
• Profits don't lock in higher drawdown thresholds
• More room to trade without fear of trailing limits
• Significantly more forgiving than competitors' trailing models

No Daily Loss Limit in Challenge

There's no daily loss limit during the Starter Challenge. Traders only need to respect the overall maximum drawdown. Once funded on a Prime account, daily loss limits do apply to larger accounts, but the evaluation phase remains notably lenient.

EOD Drawdown Calculation

YRM Prop calculates drawdown at End of Day (EOD) rather than in real-time:

• Intraday drawdowns can exceed limits without breaching
• Only closing balance determines new high-water marks
• Provides breathing room during volatile sessions
• Rewards disciplined risk management

YRM Prop Account Types & Evaluation Programs

YRM Prop offers two distinct pathways to funded trading: the Starter Challenge (a one-step evaluation) and Instant Prime (direct funding with no evaluation).

Starter Challenge: The One-Step Evaluation

The Starter Challenge is YRM Prop's traditional evaluation pathway. It's a single-phase assessment where traders must hit a profit target while respecting drawdown limits and consistency rules.

Key Challenge Requirements:

• Minimum Trading Days: 2 days
• Maximum Time Limit: None (unlimited time to pass)
• Drawdown Type: Static (does not trail)
• Daily Loss Limit: None
• Consistency Rule: 50% (no single day can exceed 50% of total profits)
• Activation Fee: $0 (launch offer; regular price $99)

The $50K account at $37/month represents strong value for most traders. The profit target is achievable for consistent traders, and the static drawdown provides operational flexibility without trailing limit pressure.

Instant Prime: Skip the Evaluation

For traders who want to skip the evaluation entirely, YRM Prop offers Instant Prime accounts. Traders pay a one-time fee and immediately receive a simulated funded account with no profit targets to hit. The trade-off includes stricter rules and a trailing drawdown.

Key Instant Prime Features:

• Evaluation Required: None (funded immediately)
• Drawdown Type: Trailing (End of Day)
• Consistency Rule: 20% (more lenient than Challenge)
• Minimum Trading Days: 10 profitable days before first payout
• Daily Loss Limit: Soft breach on larger accounts (trading halted for the day, not account termination)

Instant Prime is ideal for experienced traders who are confident in their strategy and don't want to grind through an evaluation. The trailing drawdown is tighter, but the relaxed 20% consistency rule and immediate access to funding balance this out.

Prime Accounts: The Funded Stage

After passing the Starter Challenge or purchasing Instant Prime, traders operate Prime Accounts — simulated funded accounts where payouts begin. The key difference between Challenge-earned Prime accounts and purchased Instant Prime accounts is the path to get there; once funded, both operate under similar rules.

Prime Account Features:

• Profit Split: 90/10 (you keep 90%)
• Payout Frequency: Every 10 trading days
• Payout Processing: Within 24 hours
• Maximum Funded Accounts: 3 simultaneously
• Maximum Combined Capital: $450,000

Live Accounts: The Ultimate Goal

YRM Prop offers a genuine pathway to Live Accounts with real capital. Traders who demonstrate consistent profitability and strong risk management on Prime accounts can transition to Live trading.

Live Account Benefits:

• Access to actual live capital
• Uncapped withdrawals (no progressive caps)
• Consistency rules removed
• Enhanced position sizing
• Limited to 1 Live Account per trader

Trading Rules: Drawdown, Targets & What to Watch

Understanding YRM Prop's rules is essential for avoiding unnecessary breaches. Here's the complete breakdown.

Maximum Drawdown Explained

Starter Challenge (Static):

• Drawdown threshold is fixed from the start
• Does not trail profits
• Example: $50K account with $2,000 drawdown limit means breach level stays at $48,000
• Remains constant even if balance grows to $55,000

Prime/Instant Prime (Trailing EOD):

• Drawdown trails highest end-of-day balance
• Peak EOD balance minus drawdown percentage = new breach level
• EOD calculation means intraday fluctuations don't lock in new highs
• Only closing balance matters

Consistency Rule Deep Dive

The consistency rule prevents traders from relying on one or two massive winning days to pass evaluations or qualify for payouts.

How it works:

• 50% (Challenge): No single trading day can represent more than 50% of total profits
• 35-40% (Prime): Slightly stricter for funded accounts
• 20% (Instant Prime): Most lenient, allowing more variance

Example: If total profit is $3,000, no single day can exceed $1,500 (at 50% consistency). This encourages steady, disciplined trading over gambling on home runs.

News Trading Restrictions

YRM Prop restricts trading 2 minutes before AND after major economic announcements. This prevents traders from exploiting high-volatility news events that can spike slippage and create unpredictable price action.

For most intraday futures traders, this is a minor inconvenience. Keep an economic calendar handy and avoid entering positions right around high-impact releases.

Trading Conditions: Platforms, Instruments & Restrictions

Supported Trading Platforms

YRM Prop integrates with two primary trading platforms:

Data providers include DxFeed, CQG, and Marex — institutional-grade feeds that ensure reliable execution and accurate market data.

The platform selection is more limited than firms offering NinjaTrader or TradingView integration. However, Volumetrica and Quantower are solid futures-focused platforms with the tools serious traders need.

Allowed Markets & Instruments

YRM Prop focuses exclusively on listed futures products across major U.S. exchanges:

• CME (Chicago Mercantile Exchange)
• CBOT (Chicago Board of Trade)
• NYMEX (New York Mercantile Exchange)
• COMEX (Commodity Exchange)

Available instruments include:

• Equity index futures (ES, NQ, RTY)
• Commodities
• Metals
• Energies
• Agricultural products
• Crypto futures

What's NOT allowed: Stocks, options, forex, cryptocurrency spot, and CFDs. YRM Prop is futures-only.

Trading Hours & Position Policies

Key timing rules:

• Active Trading: 6:00 PM – 4:15 PM EST (next day)
• Mandatory Flat: All positions must be closed by 4:15 PM EST
• Weekend Holding: Not permitted — all positions must be closed before weekend
• Overnight Holding: Allowed during weekdays within active trading hours

Prohibited Strategies & Activities

YRM Prop maintains clear restrictions on certain trading behaviors:

Prohibited:

• ❌ Martingale/Grid Systems (no averaging down with increasing position sizes)
• ❌ Arbitrage Strategies (no latency or price arbitrage exploitation)
• ❌ High-Frequency Trading (HFT) — no algorithmic scalping strategies
• ❌ Expert Advisors/Bots — fully automated trading is not supported
• ❌ VPN/VPS Usage — strictly prohibited
• ❌ Multi-Prop Hedging — no offsetting positions across different prop firms

Copy Trading Note: You can copy trades between your own YRM Prop accounts, but not between different traders or across other prop firms.

Fee Structure & Account Economics

Understanding the full cost structure helps evaluate whether YRM Prop offers good value.

Progressive Withdrawal Caps

YRM Prop uses a scaling withdrawal system that increases payout caps with each successful withdrawal:

$50K Account Progression:

• 1st withdrawal: Up to $1,500
• 2nd withdrawal: Up to $2,000
• 3rd withdrawal: Up to $2,500
• 4th+ withdrawal: Up to $4,000

$150K Account Progression:

• 1st withdrawal: Up to $2,500
• 2nd withdrawal: Up to $3,000
• 3rd withdrawal: Up to $3,500
• 4th+ withdrawal: Up to $6,000

After consistent performance, caps can increase to $25,000 per account per payout window. With three funded accounts at the highest level, potential combined withdrawals reach $18,000+ every payout cycle.

Payout Processing

YRM Prop processes payouts through Rise — a payment platform that handles KYC verification and funds distribution.

Withdrawal methods from Rise:

• Bank Transfer: ACH, SEPA, or wire (1-3 business days)
• E-Wallet: Under 24 hours
• Cryptocurrency: BTC, ETH, or USDT (1-2 hours)

Payout approval typically happens within 24 hours of request. Many traders report receiving funds within minutes to hours, not days.

Competitive Landscape: How YRM Prop Stacks Up

The futures prop funding space has several established players. Here's how YRM Prop compares on key metrics.

Major Competitors: Topstep, Apex Trader Funding, My Funded Futures, Tradeify, Take Profit Trader

YRM Prop's Competitive Advantages

Pricing & Fees:

• Among the lowest monthly challenge fees in the industry ($37 for $50K)
• $0 activation fee (launch offer) vs. $100-$160+ at competitors
• 90/10 profit split matches the best in the market

Trading Rules:

• Static drawdown during evaluation (more forgiving than trailing)
• No daily loss limit during challenge phase
• EOD drawdown calculation provides flexibility

Operational:

• Consistently fast payout processing (often within hours)
• Genuine Live Account pathway with real capital

Where Competitors May Have Edge

Track Record:

• Established firms like Topstep have years of history
• YRM Prop is building its reputation (launched June 2025)

Platform Selection:

• Some competitors offer NinjaTrader, TradingView, Tradovate
• YRM Prop limited to Volumetrica and Quantower

Account Flexibility:

• Apex allows up to 20 funded accounts vs. YRM's 3
• Some firms offer free retries or lower reset fees

Pros and Cons Summary

Final Verdict

YRM Prop has impressed as one of the more professional newer entrants in the futures prop funding space. After trading their evaluations and getting funded, the experience matches what they promise: straightforward rules, competitive pricing, and genuine professionalism in operations.

The firm's backing from the Ocean-One Securities team provides institutional credibility that many new prop firms lack. The $0 activation fee, 90/10 profit split, and static drawdown during evaluation create a genuinely trader-friendly environment. The subscription-based Challenge pricing ($37/month for $50K) removes the pressure of one-shot attempts and makes the firm accessible to traders at various capital levels.

Key considerations:

• If you need NinjaTrader integration or want to run 20 simultaneous accounts, other firms may serve you better
• For futures traders looking for transparent rules, competitive costs, and professional treatment, YRM Prop deserves serious consideration
• The firm is building its track record — seven months old as of this writing
• Current launch pricing and promotional offers create an opportune entry point

For traders willing to work with a newer firm that demonstrates strong fundamentals, YRM Prop represents a solid option in the futures prop funding space.

YRM Prop FAQ

Is YRM Prop legitimate?

Yes, YRM Prop is a legitimate futures prop trading firm founded in June 2025 by Mohamed Saidi. The company is registered as YRM Prop LLC and operates out of New York. They're backed by the team behind Ocean-One Securities, a Bahamas-based broker-dealer, which adds institutional credibility. With a 4.8/5 Trustpilot rating from 100+ reviews and consistent positive feedback about payouts, the firm has established a strong reputation despite being relatively new.

How does the YRM Prop evaluation work?

The Starter Challenge is a one-step evaluation where traders need to hit a 6% profit target while staying within the maximum drawdown limit (3-4% depending on account size). There's no daily loss limit during the challenge, no time limit to complete it, and only 2 minimum trading days required. Pass the challenge and receive a Prime account with $0 activation fee during the current launch promotion.

What's the difference between Starter Challenge and Instant Prime?

The Starter Challenge is a subscription-based evaluation ($37-$349/month) where traders must hit profit targets to get funded. Instant Prime is a one-time purchase ($399-$899) that gives immediate funded access with no evaluation required. Instant Prime has stricter rules (trailing drawdown, 10 profitable days minimum for payout) but a more lenient 20% consistency rule compared to the Challenge's 50%.

What is YRM Prop's profit split?

YRM Prop offers a 90/10 profit split across all account types, meaning traders keep 90% of their profits. This applies to both Challenge-earned Prime accounts and purchased Instant Prime accounts.

How fast are YRM Prop payouts?

Payout requests are typically approved within 24 hours, with many traders reporting funds arriving in their Rise accounts within minutes to a few hours. From Rise, withdrawals are available via bank transfer (1-3 days), e-wallet (under 24 hours), or cryptocurrency (1-2 hours).

What are the drawdown rules?

During the Starter Challenge, drawdown is static — it doesn't trail profits. For Prime and Instant Prime accounts, drawdown is calculated on an End of Day (EOD) basis, meaning only closing balance locks in new high-water marks, not intraday peaks. This is more forgiving than real-time trailing drawdowns.

Are there news trading restrictions?

Yes, YRM Prop restricts trading within 2 minutes before and after major economic announcements. This is standard across most prop firms to avoid high-volatility events that can cause unpredictable execution.

What platforms can I use with YRM Prop?

YRM Prop currently supports Volumetrica (DeepCharts) and Quantower trading platforms. Both are futures-focused platforms with advanced charting and order flow tools.

What markets can I trade?

YRM Prop allows trading on listed futures products from CME, CBOT, NYMEX, and COMEX exchanges. This includes equity index futures (ES, NQ, RTY), commodities, metals, energies, and agricultural products. Stocks, options, forex, and cryptocurrency spot trading are not permitted.

Can I use VPNs or automated trading bots?

No, VPN and VPS usage is strictly prohibited at YRM Prop. Fully automated trading via Expert Advisors or bots is also not supported. This is a consideration for traders who travel frequently or rely on algorithmic strategies.

How many accounts can I have?

Traders can have unlimited Challenge accounts, up to 3 funded Prime accounts simultaneously, and 1 Live account. Maximum combined funding across all accounts is $450,000.

Who is YRM Prop best for?

YRM Prop is ideal for futures day traders who value straightforward rules, competitive pricing, and fast payouts. It's particularly well-suited for traders who prefer static drawdowns during evaluation and don't need extensive platform options. The firm works well for both newer traders (accessible pricing, clear rules) and experienced traders (Instant Prime option, Live account pathway, 90/10 split).