OptionsFunding Review
Last reviewed: September 28, 2026
OptionsFunding is one of the few prop firms built for options, and its two plans are genuinely different products. Express is buy-only (long calls and puts) with a 5% intraday trailing drawdown; Growth allows spreads, selling and even naked short options, with a 6% end-of-day trailing drawdown. There is no consistency rule and no minimum-day requirement, which is unusually loose, but each payout needs 8 winning days, the daily loss limit is not published, and payout caps are published only for the first four payouts. Read the rules page itself before buying: the firm's own marketing and older blog posts disagree with it in several places.
Options traders who want to run spreads or sell premium (Growth), or who trade long options and want no consistency rule or minimum days.
Traders who need a published daily loss limit, predictable payout timing, or real capital: the live stage is invitation-only at half the plan size.
The firm's Terms and Live Program Rules were updated on September 25, 2026. Its older blog posts describe rules that no longer match the rules page: one gives the Express drawdown as 3% (the rules page says 5%). This review follows the rules page, which the firm calls its source of truth.
Quick facts
Funded payouts are 80% to the trader. The firm publishes caps for the first four payouts only: on a 50K Express account, $1,000, $1,500, $2,000 and then $5,000. Minimum request is $500 / $1,000 / $2,000 by account size. The $129 activation fee is "refundable" by being added to your first payout, so it is lost if you never reach one.
Account sizes & rules
Evaluation → Funded
| Account | Profit target | Max drawdown | Daily loss | Drawdown type |
|---|---|---|---|---|
| $25K | $2,500 | $1,250 | Not published | Trailing |
| $50K | $5,000 | $2,500 | Not published | Trailing |
| $100K | $10,000 | $5,000 | Not published | Trailing |
Evaluation → Funded
| Account | Profit target | Max drawdown | Daily loss | Drawdown type |
|---|---|---|---|---|
| $25K | $3,000 | $1,500 | Not published | EOD trailing |
| $50K | $6,000 | $3,000 | Not published | EOD trailing |
| $100K | $12,000 | $6,000 | Not published | EOD trailing |
What works well
- No consistency rule, no minimum days, no time limit
Both plans say so on the rules page, the FAQ and How It Works. Most futures firms carry at least one of the three.
- Growth allows spreads, selling and naked short options
Level-5 permissions: verticals, credit spreads, iron condors, butterflies, calendars and diagonals, plus undefined-risk positions as long as they fit within the drawdown. That is rare among options prop firms, most of which are buy-only.
- Index options, 0DTE and overnight holds are allowed
The Evaluation and Funded whitelist of 274 tickers includes SPY, QQQ, SPX, SPXW and XSP, and the rules allow overnight positions and 0DTE in both phases.
- The funded drawdown stops trailing at your starting balance
On a Funded account the floor follows new highs only until it reaches the starting balance, then stays there. The first payout also sets it at the starting balance.
What to watch out for
- Daily loss limit not published
The rules, pricing, checkout and FAQ pages do not publish a daily loss limit, yet the Terms mention "hitting a daily loss limit" as a way to fail. Ask the firm before trading as if there is none.
- "Payout anytime" still needs 8 winning days
The homepage says you can request a payout anytime; the rules page says each payout needs 8 qualifying winning days in the cycle. The rules page is the one the firm calls its source of truth.
- Express trails intraday, on options premium
A 5% trailing drawdown that moves with your highest equity in real time is tight when positions are priced in premium that can swing sharply within minutes.
- Live is invitation-only, at half the plan size
Evaluation and Funded are simulated on RixTrade. The Live stage trades real firm capital at Interactive Brokers, by invitation, with an allocation of half the plan size (a 100K plan goes live at $50,000) and its own daily loss limit.
Who should pick OptionsFunding
Growth is one of the few prop plans that lets you sell options, including credit spreads and iron condors, with an end-of-day drawdown that intraday swings do not tighten.
Express has no consistency rule and no minimum days, so one strong trade can carry an evaluation, provided you respect the 5% intraday trailing drawdown.
Both are allowed in Evaluation and Funded, and the whitelist includes the SPX and XSP index options many 0DTE traders use.
Frequently asked questions
What is the difference between OptionsFunding Express and Growth?
Express is buy-only (single-leg long calls and puts), has a 10% profit target and a 5% intraday trailing drawdown. Growth has a 12% target, a 6% end-of-day trailing drawdown, and level-5 permissions that allow selling, spreads, multi-leg positions and naked short options. Both come in 25K, 50K and 100K, and both have no consistency rule or minimum days.
Does OptionsFunding have a daily loss limit?
None is published for Evaluation or Funded: the rules, FAQ, pricing and checkout pages do not list one. But the firm's Terms mention "hitting a daily loss limit" in the context of failing an evaluation, so it has not said there is none. The invite-only Live stage does have one ($600 / $750 / $1,500 by size), which flattens positions and pauses trading until the next session rather than ending the account.
When can I request a payout from OptionsFunding?
Each payout needs 8 qualifying winning days in the current payout cycle, per the rules page, even though the homepage says "request a payout anytime." Payouts are 80% to the trader, with published caps for the first four payouts and a minimum request of $500, $1,000 or $2,000 depending on account size.
Is there a live account at OptionsFunding?
Yes, by invitation only. Evaluation and Funded are simulated on RixTrade; the Live stage uses real firm capital at Interactive Brokers, at half the plan size, with its own drawdown, daily loss limit and no payout caps. An older firm blog post says the subscription is refunded on reaching Live; the current Live Program Rules and Terms say fees already charged are not refunded.
How much does OptionsFunding cost?
List prices on September 26, 2026, billed monthly until you are funded: Express $239 / $279 / $389 and Growth $309 / $399 / $499 for 25K / 50K / 100K, plus a $129 activation fee that is added back to your first payout. Promotions change often and prices may not be current, so check the firm's pricing page before buying.
Can TradersForge track my OptionsFunding account?
Not currently. OptionsFunding's Evaluation and Funded accounts run on RixTrade, and TradersForge has no connection to RixTrade, so there is no way to sync or import those trades today.
Compare with
Sources
Rules on this page were checked against the firm’s own documentation — last on 2026-09-26. Firms change terms without notice; confirm before you buy.
- Trading Rules (Evaluation, Funded, Live; general rules; whitelist) — read 2026-09-26
- Live Program Rules (updated 2026-09-25) — read 2026-09-26
- Terms (effective 2026-09-25) — read 2026-09-26
- FAQ (all 11 categories) — read 2026-09-26
- Ticker whitelist (274 tickers) — read 2026-09-26
- Pricing grid and checkout — read 2026-09-26
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