Prop Firm Comparison Spreadsheet: Create a Prop Firm Comparison Sheet — What to Track
Choosing the right proprietary trading firm can feel overwhelming with so many options available. Creating a prop firm comparison spreadsheet allows traders to make informed decisions by organizing key data points in one place. This simple yet powerful tool helps you compare fees, rules, payouts, and support across multiple firms—before committing to a challenge.
In this article, we’ll walk you through what to include, how to format it, and why Larsa Capital stands out for transparency and trader-focused terms.
Why Use a Prop Firm Comparison Spreadsheet?
A well-structured prop firm comparison spreadsheet brings clarity to your decision-making process. Many traders waste time and money jumping between firms without a clear evaluation strategy. With a spreadsheet, you can:
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Identify the firm that best aligns with your risk tolerance and strategy
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Quickly rule out options that don’t support your trading style
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Compare refund policies, profit splits, and scaling models side-by-side
Instead of relying on vague marketing or incomplete FAQs, take control of the research process.
What to Include in Your Comparison Spreadsheet
To get the most from your sheet, focus on the most impactful criteria. Consider adding the following columns:
1. Evaluation Model
List whether the firm offers one-step, two-step, or instant funding plans. This affects how quickly you can access live capital.
2. Profit Target and Drawdown Limits
Note each firm’s required profit percentage and maximum daily/total drawdown. Ensure these limits match your strategy’s historical performance.
3. Maximum Leverage
Some firms offer higher leverage but pair it with tighter rules. Match the leverage with your risk control style.
4. Trading Hours and News Restrictions
Check if the firm restricts trading during major economic releases or weekends. Add a “Yes/No” flag to track this easily.
5. Payout Structure and Refunds
Record when the first payout becomes available and whether the evaluation fee is refundable upon passing.
6. Platform Support and Broker Quality
Does the firm support platforms like MT5 or TradingView? Include a column for broker spreads and execution reliability.
7. Customer Support Quality
Great support can save you from major issues. Rate each firm based on response speed and knowledge.
8. Additional Notes
Use this section to track extras like account reset options, dashboard usability, or educational resources.
How Larsa Capital Fits Into the Comparison
As you build your prop firm comparison spreadsheet, you’ll notice that Larsa Capital provides clear advantages:
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Transparent funding challenges with scalable rewards
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No hidden clauses in rulebooks
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Supportive customer service and trader-focused tools
With these features, Larsa Capital makes it easier to progress from demo to funded without confusion or hidden setbacks.
Final Tips for Building and Using Your Spreadsheet
To make your spreadsheet more actionable:
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Use conditional formatting to highlight top options
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Create filters to sort firms based on specific criteria (e.g., fastest payout, highest profit split)
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Review and update your sheet quarterly to reflect policy changes
A well-maintained prop firm comparison spreadsheet saves time and prevents costly trial-and-error. It gives you a tactical edge in selecting the best path toward funding.
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