Pick your challenge
From $19. Account sizes from $1,500 to $200,000.
A prop firm built for stock traders: 2,000+ US tickers, Level 2 order book, per-share commissions. Pass a 1-step challenge from $19 and trade a simulated funded account up to $200,000.
Large caps, small caps and ETFs across NYSE and NASDAQ
Full market depth, the way professional equity traders see it
Per-share pricing with a $1.5 minimum on US stocks
Pick the account size you want when you buy your challenge
Most prop firms are built around forex CFDs with stocks bolted on as an afterthought. TEFS runs an exchange-grade environment for US equities: full market depth with Level 2 data, per-share commissions like a real brokerage, and 2,000+ tickers across NYSE and NASDAQ. If you trade stocks, you shouldn't have to settle for a forex platform.
Full market depth, not just bid/ask. See liquidity the way professional equity traders do.
$0.007 per share, $1.5 minimum on US stocks. Costs you can work out before you place the order.
Large caps, small caps, ETFs. Trade the full breadth of the US market, not a curated list of 30 symbols.
US stocks lead. Forex, crypto, metals and indices sit on the same account for when you want them — extras, not the main event.

From $19. Account sizes from $1,500 to $200,000.
One phase, no time pressure. Static drawdown limits and news trading welcome.
80% profit split on the simulated profits you generate. Challenge fee refunded with your first payout.
Static drawdown means your limits are fixed at account start and never move against you as you profit.
Fixed at account start, and it never moves against you as you profit.
Never trails your profits.
No consistency requirement to satisfy. Hit the target inside the drawdown limits and the challenge is done.
Earnings and macro releases are fair game.
One phase. Hit 10% inside the drawdown limits and the challenge is done.
Spread your challenge across at least four trading days.
Take the days you need to hit the target.
The four-day requirement is the challenge only. Funded accounts carry no minimum trading days.
An 80% profit split on the simulated profits you generate, and your challenge fee back with your first payout.
Paid out to traders
$5,500,000+
All time, across every funded account we have run
Payouts made
2,700+
Individual payouts sent to funded traders
Funding traders since
2017
Long enough to have a payout history
The same evaluation, on terms stock traders can actually work with.
Entry price, profit split, market depth and drawdown, side by side.
Everything worth knowing before you start a challenge.
You trade in a simulated exchange-grade environment with live US market data and a Level 2 order book. Your performance is evaluated in real market conditions, and profits on funded accounts are paid out in real money.
One step. From $19.
Funded up to $200,000.
Trading involves risk. TEFS does not accept clients from the USA and other restricted jurisdictions.