TEFS Review 2025 – Prop Firm Features, Rules & Payout Explained

TEFS is a prop firm that has been around since 2017, making it one of the more established names in the prop trading industry. Operated under TEFS Marketing Management LLC (Company Registration No. 1442391), the firm caters to traders across forex, stocks, futures, commodities and crypto with flexible challenges and instant funding options for different trading styles.
 

In this TEFS review, we will break down TEFS challenge rules, instant funding details, payout structure, trading conditions and key restrictions so you can decide if it’s the right fit for you.

TEFS - Prop Firm Overview

CategoryDetailsCompany NameTEFSLegal NameTEFS Marketing Management LLCRegistration Number1442391CEONot disclosedHeadquartersSlovak RepublicBrokerNoOperating Since2017Account SizesChallenge: $1,500 – $200,000; Instant Funding: $12,500 – $460,000Profit Split65%–90% (varies by program)Challenge Types1-Step Challenge, Instant FundingPayout CycleMonthlyPayout MethodCrypto, bank wire, selected cards (regional availability)Trading PlatformsTrader Evolution (with TradingView charting integration)Financial MarketsStocks (2,500+), Forex, Commodities, Futures, CryptoTrustpilot ScoreTEFS has a 4.6 rating on Trustpilot based on 142 reviews

TEFS Funding Models

TEFS offers two main types of Challenges to get funded:
 

1-Step Challenge

If you prefer proving your skills before managing live capital then TEFS’s 1-Step Challenge is straightforward - you just have hit the profit target without breaching the drawdown limits.
 

Pricing  for TEFS 1-Step Challenge Accounts
 

• $1,500 – $19

• $5,000 – $55

• $10,000 – $99

• $25,000 – $199

• $50,000 – $319

• $100,000 – $499

• $200,000 – $969

TEFS 1-Step Challenge Rules
 

• Profit Target: 10%

• Total Loss Limit: 6%

• Daily Loss Limit: 4%

• Profit Share: 80% on funded accounts

• Drawdown Type: Static

• Time Limit: No time limit

• Leverage: Stocks 1:1, Crypto 1:0.5, Forex 1:8, Futures/Commodities 1:1.5

• Max Lot Size: No limitation

• Minimum Trading Days: 4

• Payout Frequency: Monthly

• Copy Trading: Not allowed

Pros: No time limit and competitive profit share.
Cons: Lower leverage compared to some competitors.

Instant Funding

For traders who don’t want to take a challenge, TEFS offers instant access to live accounts — you start trading real capital from day one.
 

Pricing  for TEFS Instant Funded Accounts
 

• $12,500 – $445

• $20,000 – $765

• $66,000 – $2,485

• $130,000 – $4,945

• $210,000 – $7,975

TEFS Instant Funding Rules
 

• Profit Target: $200 for Intro/Intro Light; $400 for other programs (after revenue share)

• Total Loss Limit: 5%

• Daily Loss Limit: None

• Profit Share: 65–90%

• Drawdown Type: Static

• Time Limit: None

• Leverage: Same as Challenge accounts

• Minimum Trading Days: None

• Copy Trading: Not allowed

Pros: Immediate access to capital, flexible trading days.
Cons: Lower initial drawdown limit and higher entry costs.

Trading Rules & Restrictions

• Allowed Strategies: Discretionary, technical, and news trading are permitted.

• Prohibited Strategies: Arbitrage, bracket trading around high-impact news, cross-account hedging, exploiting price feed delays or errors.

• Weekend Holding: Allowed (20% for US stocks, 100% for other instruments).

• Trading Commissions: US Stocks – $0.007/share (min $1.50), no commissions for other instruments.

Trading Platforms & Instruments

• Platform: Trader Evolution (with integrated TradingView charting)

• Instruments: 2,500+ stocks, forex, commodities, futures, and crypto

• Broker: TEFS acts as the trading environment - no external broker

Payouts & Scaling

• Profit Split: 65%–90% (varies by program)

• Payout Methods: Crypto, bank wire, select cards (depending on region)

• Frequency: Monthly

• Scaling Plan: Not available currently

Restricted Countries by TEFS

Below are the restricted countries where traders are prohibited from using the services of TEFS: 
 

• USA

• Israel

• Somalia

• Eritrea

• Yemen

• Sudan

• South Sudan

• Mali

• Myanmar

• Iraq

• Iran

• Republic of the Congo

• Guinea-Bissau

• Central African Republic

• Libya

• Liberia

• Sierra Leone

• North Korea
   

Who is TEFS Best For?

• Traders who value no time limit on challenges

• Those comfortable with static drawdown rules

• Experienced traders who want large instant funding options

• Multi-asset traders (stocks, forex, futures, commodities, crypto)

• Full Level 2 with real market data for professional trading decisions

• No additional spread on U.S. stocks, making it ideal for active day traders

• Those who value National Best Bid and Offer (NBBO) to execute customer trades at the best available (lowest) ask price when buying securities, and the best available (highest) bid price when selling securities.

Final Verdict – Is TEFS Worth It?

TEFS is a well established prop firm with a clear set of rules, fair profit splits and a variety of account sizes for both challenge-based and instant funding models. While the leverage is lower than some competitors, the no time limit rule, high instrument variety and large instant funding accounts make it appealing to disciplined traders who want stability over aggressive risk.
 

If you want a prop firm with flexible challenge types, straightforward rules, and global asset access, TEFS is worth considering if you are not in one of their restricted regions.