PROP CHECK is live: a site that makes prop firms’ “real reliability” visible!!

Why prop comparison information so far could not be relied on

Prop firm information so far has had three broad problems.

1. “Promotional posts” and “first-hand experience” are mixed together

Search X for a firm’s name and you get a flood of giveaway reposts and promotional posts with referral codes. Conversely, posts from people who simply blew their account by over-sizing also get mixed in as negative opinions. That way, you can’t see a genuine “assessment of payouts and the trading environment.”

2. The words “broker-backed” and “on-chain” taking on a life of their own

Lately more firms claim “safe because a major broker is behind us” or “transparent because it’s Web3 / on-chain.” But “a group company holding a financial license” and “payouts from the prop division being guaranteed” are different things. And even if it says “on-chain,” the meaning differs completely depending on whether it simply lets you deposit and withdraw in crypto or automates the payout decision with a smart contract.

3. The most dangerous “special rules” are not in comparison tables

Comparison tables on most roundup sites only list “starting capital, entry fee, profit target, max DD and daily DD.” But that’s not where most profit reductions and failures at prop firms actually come from.

• “When floating loss reaches a certain share (1–2%), a penalty is imposed even within the max DD”

• “Re-entering in the same direction within 10 minutes adds the earlier loss to it”

• “Posting exchanges with support on social media leads to account termination and forfeiture of rewards”

These “specs that knock you out in one go if you step on them unknowingly” are, as a matter of course, often written only deep in the terms PDF or FAQ.

PROP CHECK was designed to strip away all three of these black boxes. We currently check and list30 major prop firms from Japan and abroad on common criteria.

PROP CHECK’s three pillars, and what’s behind the data

This site does not rank firms on vague impressions. We split them into three evaluation axes you’ll want to check before buying, “Payout eligibility (50%),” “X firsthand reviews (20%)” and “Operational foundation (30%),” and publish a 100-point “overall reference score” along with all the supporting data for each.

Let me explain in a little more detail how each is tallied behind the scenes.

① Payout eligibility (50% weight): “first-hand reports” with the noise thoroughly stripped out

What matters most when choosing a prop firm is, after all, “are people actually getting paid, and what trouble is happening?”

At PROP CHECK, we collect a huge number of posts on X, run them through AI classification, and then addvisual checks of the original posts. Specifically, we excluded all of the following posts from the tally.

Using only the remaining “first-hand reports in regular posts (N)” as the denominator, we visualize how many “payout received,” “payout refused,” “ban / account suspension,” “profit reduction” and “payout delay” reports were observed.

And we don’t just show counts and stop there. Click the link on each item and you can see with your own eyes which posts were counted as the basis, the primary sources.

② X firsthand reviews (20% weight): the real mood over the last 6 months and “rising and falling complaints”

It’s not unusual for prop firms to change payout speed or execution completely within a few months. Even if there are reviews from a year ago saying “payouts were lightning fast,” it’s dangerous if payout delays have suddenly increased since last month.

So the Reviews tab focuses on posts from the “last 6 months,” excluding official ones, and shows the shares in three colors: “positive, mixed, negative.”

Something I personally insisted on is the Reviews tab.

Common reviews are tallied by category and counted with a strict rule, “if the same poster repeats the same complaint in the same month, it counts as one (poster × month × category),” and you can view all of them.
This shows “users’ honest impressions” at a glance.

③ Operational foundation (30% weight): a serious check of 20 items, separating self-reports from external evidence

In the “operational foundation scoring basis,” we go through each firm’s official terms, public statistics and on-chain data, and even the regulators’ registers and financial statements of parent companies and supporting brokers, checking a total of 20 items from A1 to D4.

For example, we strictly make distinctions like these.

From a practitioner’s view: 4 steps for how “I would use PROP CHECK”

There are quite a lot of features, so here is the order in which “I would filter and decide on a plan” when actually choosing a new prop firm.

Honestly, if looking at detailed data is a hassle, it’s fine to trust the “overall reference score” and the three score breakdowns (Payout eligibility, X firsthand reviews, Operational foundation) as they are and narrow down your candidates first. The noise removal and checks against the terms behind the scenes are all done, so start from those numbers and go through the next 4 steps.

Step 1: First narrow down candidates with “filters and sorting”

Rather than looking at plan prices from the start, first use the comparison table on the top page (or the Featured 4 at the top) to filter for firms that match your conditions.

Step 2: Check recent changes in “Reviews” and “Monthly”

Once you’ve narrowed it to a few firms, open the firm detail page and look atthe “Reviews” tabandthe “Monthly” tab.

The points to look at here are simple.

Step 3: Avoid landmines with the volume of “refusal / ban information” and a “special rules check”

If there are no problems with recent review trends, next checkthe “Refusals & bans” taband the “Plans & rules” tab. This is the most important filter.

Here you check whether your trading style (scalping, day trading, swing, running EAs, etc.) would trip over that firm’s special rules. Firms with rules that don’t suit your strategy drop off your list at this stage.

Step 4: Compare plans side by side among the surviving candidates

Once you’ve cleared the filtering in Steps 1–3 and are left with 2–3 firms you’re confident about, “they have a payout record, nothing has worsened recently, and my strategy won’t break their rules,” finally compare plan specs and value for money.