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P1 Futures

reviewed 2026-09-06

Watch Futures Reputation Limited reviews Sources live 2026-09-10
Reviewed 2026-09-06 4 sources Partial 1 issue Official source

Missing info

C or D

FirmFax score

Missing info

C or D

Best account P1 Reserve

FirmFax verdict

P1 Futures is a weak futures prop firm best taken through its P1 Reserve (56/100), which uses a more forgiving end-of-day trailing drawdown with a 40% consistency rule to clear.

Current offerDeal linkOfficial source

Up to ~30% off current sale pricing

P1 Futures pricing page currently lists sale prices across Reserve, Elite, and Instant accounts (Reserve from $34 on 25K); live pricing and any activation fee vary by product and account size.

Use the deal button to open the current offer. Scores and rankings are independent of affiliate relationships.

Offer source: P1 Futures official pricing

Quick check

Master

Missing info

C or D

Best account

Missing info

C or D

+Futures account research
+Best FirmFax account: P1 Reserve
+Platforms: Tradesea
+Official source offer checked 2026-08-10

Watchlist profile

Open research notes are available to help you match the right account.

Official source · Last verified 2026-08-10

Offer links may be sponsored. They never change our score or ranking. Disclosure.

Best for

  • Budget-conscious traders — accounts start from $34
  • Traders who value a $0 post-pass activation route
  • Traders who want a documented no-daily-loss route
  • Futures traders

Check fit if

  • Best for traders who can spread profits across sessions; this route lists a 40% consistency rule
  • Review the current status notes first; P1 Futures is currently on the watchlist

Fig. 01 — Score breakdown

What the FirmFax score is made of

How scoring works →
Rule fairness 44% (of 35%)
52
Track record not scored
Trader reputation 25% (of 20%)
66
Transparency 19% (of 15%)
89
Accessibility 13% (of 10%)
62

Track record is not scored for P1 Futures because the evidence isn't public yet, so this grade rests on the remaining 80% of the model rather than guessing a middling number.

Penalties · -5 for 1 status issue· -10 on watch

Public rankings use account-specific scores. This firm-level context explains the background signals shared across its plans.

Fig. 02 — Account types

All account types compared

Rankings use each plan's own score.

Plan Market Score From Activation Reset Drawdown Daily loss Consistency Payout split Platforms Action
P1 Reserve
One-step futures evaluation with EOD trailing drawdown and a $129 activation fee after passing
3 sources ↗
Futures

Missing info

C or D

$34 $129 Not recorded Trailing (end-of-day) None 40% 90% Tradesea Get offer →
P1 Elite
One-step futures evaluation with EOD trailing drawdown and no activation fee
2 sources ↗
Futures

Missing info

C or D

Not recorded Not recorded Not recorded Trailing (end-of-day) Not recorded 40% 90% Tradesea Get offer →
P1 Instant
Direct-funded futures account with no evaluation phase
3 sources ↗
Futures

Missing info

D or F

Not recorded $129 Not recorded Trailing (end-of-day) Not recorded 20% 90% Tradesea Get offer →
Activation
No source we hold publishes an activation fee. A blank is not a $0 — budget for one until checkout proves otherwise.
Reset
No source we hold publishes a reset fee. A stored blank is not a free reset.
Daily loss
No source we hold states a daily loss limit, or that there is none. A blank row is not the absence of a cap.

Account sizes — max drawdown & profit target

Account size Max drawdown Profit target
$25,000 $1,000 $1,500
$50,000 $2,000 $3,000
$100,000 $3,000 $6,000
$150,000 $4,500 $9,000
$200,000 $6,000 $12,000

Pick your account

Best accounts to compare now

Choose an account-specific route so the offer opens with the right plan in mind.

Claim best deal →
P1 Reserve Futures

From $34. 25,000 min size. One-step futures evaluation with EOD trailing drawdown and a $129 activation fee after passing

Missing info

C or D

Claim deal →
P1 Elite Futures

From Verify price. 25,000 min size. One-step futures evaluation with EOD trailing drawdown and no activation fee

Missing info

C or D

Claim deal →
P1 Instant Futures

From Verify price. 25,000 min size. Direct-funded futures account with no evaluation phase

Missing info

D or F

Claim deal →

Use the deal button above to keep the offer path.

Fig. 03 — True cost

What does P1 Futures actually cost?

Route: P1 Reserve

Evaluation entry
The advertised sticker price before any discount.
$34
Activation fee
One-off (sometimes monthly) fee to open the funded account.
$129
Reset fee (if you breach)
Only paid if you fail and restart the evaluation.
Not published

Cost on one clean pass

$163

Entry price plus activation on one clean pass, before any current discount. Resets add to this if you breach.

Fig. 04 — Before you buy

Rules to know first

Drawdown model

Trailing (end-of-day)

On the best route, the drawdown only trails at the end of the day, which gives active traders far more room than an intraday trail.

Source: P1 Futures trading rules ↗

Daily loss limit

None

The route documents no daily loss cap — the overall drawdown is still the hard limit.

Source: P1 Futures trading rules ↗

Consistency rule

40%

Payout eligibility needs profits spread across sessions; one day above 40% can delay the request.

Source: P1 Futures trading rules ↗

News trading

Allowed

P1 Futures states that trading around high-impact releases is allowed, at the evaluation stage and once funded.

Source: P1 Futures trading rules ↗

Activation fee

$129

Charged after you pass to open the funded account; add it to the entry price.

Source: P1 Futures trading rules ↗

Min trading days

3

P1 Futures requires at least 3 trading days on this route before the evaluation can be passed. The wait before a payout can be requested is a separate rule.

Source: P1 Futures trading rules ↗

Each row above is read from P1 Futures’s own published pages where one is cited; rows marked “Not recorded” are gaps in our record, not terms the firm has waived. Last reviewed 2026-09-06 — confirm the live terms at checkout.

Fig. 05 — Full terms

Rules & payouts

Last verified 2026-09-06

Rules

Drawdown
Trailing (end-of-day)
Daily loss limit
Not recorded
No source we hold states a daily loss limit, or that there is none. A blank row is not the absence of a cap.
Consistency rule
40%
Min trading days
3
Activation fee
$129
Reset fee
Not recorded
No source we hold publishes a reset fee. A stored blank is not a free reset.
News trading
Allowed
Overnight holding
Allowed

Automation: Automated trading is prohibited. Per the official FAQ (2026-09-03): "A bot, script, AI system, algorithm, or other tool cannot independently select, place, change, or close trades." Source: https://p1futures.com/faq

Payouts

Profit split
90%
Frequency
5 winning days of at least $150 net profit each, at least 5 days between requests, capped per size at $1,500 to $5,000 and at 50% of accrued profit; normally sent to the payout provider within 48 hours of approval
Min days to payout
5
First payout min
Not recorded
No source we hold states a minimum first payout.
Methods
Bank transfer, ACH, Rise, Crypto
Payout evidence
No dated evidence found
No dated payout record published by the firm has been found. This is a gap in our evidence, not a finding about whether the firm pays.
Platforms
Tradesea

Payout evidence counts dated payout records P1 Futures has published itself. We have found none for P1 Futures. Most firms publish nothing dated, so a blank here says what we could not find — it is not a finding that the firm does not pay.

Fig. 06 — Rule tape

Recent changes

P1 Futures rule history →
2026-08-19 P1 Futures published Reserve activation at $109 and Instant profit split at 90% on its pricing page. Favorable

Red flags

  • · P1 Futures' own homepage advertises a review volume more than ten times larger than the public review profile it points at actually carries (checked 2026-09-06). The gap is in the count, not the sentiment, and P1 has published no explanation for it. Treat any review-volume claim on the firm's own pages as unverified.

Fig. 07 — Research & sources

Research notes

Confidence: partial

P1 Futures is a futures prop firm offering three product families: Reserve (one-step with a $109 activation fee), Elite (one-step, no activation fee), and Instant (direct funding) from $25K to $200K. Current pricing copy shows EOD trailing drawdown, a 50% evaluation consistency rule, a 25% Instant consistency rule, a 90% funded split, and payouts after five winning days. Track record and operating-entity disclosure are thin, so FirmFax treats it as watch status.

FAQ

P1 Futures questions

Is P1 Futures legit?

P1 Futures holds only a limited public review history so far. FirmFax scores it 56/100 on its best account and reviews rules from public sources.

How much does P1 Futures cost?

The best account route (P1 Reserve) starts at $34, plus a $129 activation fee once you pass. See the cost breakdown above for the total on one clean pass.

What drawdown does P1 Futures use?

The best route uses a trailing (end-of-day) drawdown — the drawdown only trails at the end of the day, which gives active traders far more room than an intraday trail.

Does P1 Futures have a consistency rule?

Yes — the best route lists a 40% consistency rule, so no single day may exceed 40% of your total profit before a payout. Other routes can differ; check the account table.

How does P1 Futures pay out?

Profit split on record for P1 Futures: 90%. Minimum 5 day(s) before a payout. Payout cadence: 5 winning days of at least $150 net profit each, at least 5 days between requests, capped per size at $1,500 to $5,000 and at 50% of accrued profit; normally sent to the payout provider within 48 hours of approval. FirmFax holds no dated, firm-published payout record for it — that means none has been found, not that the firm fails to pay.

What platforms does P1 Futures support?

P1 Futures lists Tradesea. Review platform access for the specific plan you choose.

Is there a P1 Futures discount code?

Up to ~30% off current sale pricing — official source, last verified 2026-08-10. See the full P1 Futures discount page for details.

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