TEFS Review 2025 – Prop Firm Features, Rules & Payout Explained
Read our full TEFS review, including a detailed breakdown of Challenge types, Drawdown rules, Prohibited Strategies, and Payout process.
0.0
TEFS
0.0
Forex, Crypto, Stocks, Commodities, Futures
SK
2017
CEO: Not publicly available
Trader Evolution
Crypto
Wire Transfer/ Bank Transfer
Crypto
Wire transfer/ Bank Transfer
Credit/Debit Card
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
| Category | Details |
|---|---|
| Company Name | TEFS |
| Legal Name | TEFS Marketing Management LLC |
| Registration Number | 1442391 |
| CEO | Not disclosed |
| Headquarters | Slovak Republic |
| Broker | No |
| Operating Since | 2017 |
| Account Sizes | Challenge: $1,500 – $200,000; Instant Funding: $12,500 – $460,000 |
| Profit Split | 65%–90% (varies by program) |
| Challenge Types | 1-Step Challenge, Instant Funding |
| Payout Cycle | Monthly |
| Payout Method | Crypto, bank wire, selected cards (regional availability) |
| Trading Platforms | Trader Evolution (with TradingView charting integration) |
| Financial Markets | Stocks (2,500+), Forex, Commodities, Futures, Crypto |
| Trustpilot Score | TEFS has a 4.6 rating on Trustpilot based on 142 reviews |
Pros and Cons of Trading with TEFS
TEFS has been in the prop trading space since 2017, giving it a strong track record compared to many newer firms. With flexible challenges, instant funding options, and access to multiple asset classes, it appeals to traders seeking both stability and variety. But like any firm, there are trade-offs to consider.
| Pros | Cons |
|---|---|
| Established Firm (since 2017) - Longer track record than many competitors, adding credibility. | Lower Leverage - Forex capped at 1:8, futures/commodities at 1:1.5 - less attractive for aggressive traders. |
| No Time Limits on Challenges - Traders can meet profit targets at their own pace without pressure. | Static Drawdown: Less forgiving than trailing drawdown models. |
| Wide Asset Variety - Access to forex, stocks (2,500+), futures, commodities, and crypto. | High Entry Costs for Instant Funding - Large accounts can be expensive to access upfront. |
| Instant Funding Available - Trade real capital from day one without passing challenges. | Limited Scaling Plan: No scaling options currently offered. |
| Strong Profit Splits - Up to 90% profit share depending on the program. | Restricted Countries: Traders in the USA, Israel, Iran, North Korea and others cannot participate. |
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, EA trading, 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.
- IP Rules: Trading can only be done by the authorized account user. Traders can use multiple accounts but are forbidden from hedging between them.
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.