# ProjectX vs Tradovate Prop

> ProjectX vs Tradovate Prop for prop firms, from each vendor’s published material. ProjectX publishes no price list; pricing is by quote. Tradovate Prop publishes no price list; pricing is by quote (no B2B pricing for prop firms published; trader-facing promotions only).

- Source: https://pipvalley.com/tech/compare/projectx-vs-tradovate
- Publisher: PipValley - web design studio for prop trading firms
- Updated: 2026-10-12
- Disclosure: PropSuite is PipValley’s technology partner; it is labelled wherever it appears. Facts are from vendor pages and named press, checked 12 Oct 2026.

| Fact | ProjectX | Tradovate Prop |
|---|---|---|
| What it is | ProjectX was a white-label futures trading platform and API licensed to futures prop firms; it ended third-party service at the end of February 2026 and now runs only as Topstep's TopstepX. | Tradovate Prop is a futures trading platform for prop traders, offered through partner prop firms and run by NT Technologies, an affiliate of Kraken-owned NinjaTrader Group. |
| Type | Futures platform, Trading platform | Futures platform, Trading platform |
| Company | ProjectX Trading, LLC | NT Technologies, LLC (affiliate of NinjaTrader Group, LLC) |
| Parent / owner | Not published | NinjaTrader Group, LLC, owned by Payward, Inc. (Kraken) |
| Headquarters | 2121 Biscayne Blvd, Miami, FL 33137 (per TradersPost) | Not published |
| Founded | Not published | Prop brand launched 1 October 2025 |
| Markets | Futures | Futures |
| Platforms | TopstepX | Tradovate, TradingView |
| Delivery model | White label, API | SaaS |
| Published pricing | Quote only | Quote only |
| Pricing note | Not published | No B2B pricing for prop firms published; trader-facing promotions only. |
| Risk and capital | Not published | Platform provides trader-side risk controls; evaluations and funding are run by the partner prop firm. No statement on payout risk. |
| Builds marketing sites | No. No marketing-site product; no longer offered to third parties. | No. No marketing-site or white-label product for firms found; firms are listed in Tradovate Prop's own directory. |
| Integrations listed | TradingView, Plus500 (exchange partner, per Finance Magnates) | TradingView |
| PipValley Index | ProjectX: 2 of 529 | Tradovate: 14 of 529 |
| Status | No longer offered to third parties | Active |

## Verdict by use case

- **You want a published price to budget against**: Neither states it. ProjectX: quote only. Tradovate Prop: quote only. As published, checked 12 Oct 2026.
- **You run futures challenges**: Either. ProjectX lists Futures; Tradovate Prop lists Futures.
- **You want a name traders already see at other firms**: Tradovate Prop. PipValley Index, 12 Oct 2026: ProjectX 2 of 529 firm sites; Tradovate Prop 14 of 529. A count of firms that show it, not customers.
- **You want the vendor to build your marketing site**: Neither states it. Neither sells marketing sites. PipValley builds prop firm websites wired to either one.
- **You need access without the restrictions in our record**: Tradovate Prop. ProjectX: no longer offered to third parties. 2026-04-01: Topstep acquired The Futures Desk, reported as the last other firm running ProjectX (TFD-X), and folded its technology into TopstepX.

## Questions

### What is the difference between ProjectX and Tradovate Prop?

ProjectX was a white-label futures trading platform and API licensed to futures prop firms; it ended third-party service at the end of February 2026 and now runs only as Topstep's TopstepX. Tradovate Prop is a futures trading platform for prop traders, offered through partner prop firms and run by NT Technologies, an affiliate of Kraken-owned NinjaTrader Group.

### Which is cheaper, ProjectX or Tradovate Prop?

ProjectX publishes no price list; pricing is by quote. Tradovate Prop publishes no price list; pricing is by quote (no B2B pricing for prop firms published; trader-facing promotions only). Prices are on different bases, so compare them at your expected account volume and revenue.

### Which is used by more prop firms, ProjectX or Tradovate Prop?

In the PipValley Index (529 prop firm sites crawled on 12 Oct 2026), 2 show ProjectX. In the PipValley Index (529 prop firm sites crawled on 12 Oct 2026), 14 show Tradovate. These count firms whose public pages show each vendor, not customers.

### Which trading platforms do ProjectX and Tradovate Prop support?

ProjectX: TopstepX. Tradovate Prop: Tradovate and TradingView.

### Do ProjectX and Tradovate Prop support futures?

ProjectX lists Futures; Tradovate Prop lists Futures.

### Who carries payout risk on ProjectX and Tradovate Prop?

ProjectX: not stated. Tradovate Prop: Platform provides trader-side risk controls; evaluations and funding are run by the partner prop firm. No statement on payout risk.

### Can you use ProjectX and Tradovate Prop together?

Neither lists the other among its platforms or integrations (checked 12 Oct 2026). Ask both vendors before you plan on it.

### Do ProjectX or Tradovate Prop build prop firm websites?

ProjectX: no. Tradovate Prop: no. PipValley designs and builds prop firm websites that connect to either.

### Who is behind ProjectX and Tradovate Prop?

ProjectX: ProjectX Trading, LLC; 2121 Biscayne Blvd, Miami, FL 33137 (per TradersPost) Tradovate Prop: NT Technologies, LLC (affiliate of NinjaTrader Group, LLC); NinjaTrader Group, LLC, owned by Payward, Inc. (Kraken)

### What do ProjectX and Tradovate Prop claim?

ProjectX: They (TopstepX) say 99.99% platform uptime, 150,000+ average daily active traders and 3M+ orders per day. Tradovate Prop: They say it is the #1 platform for prop traders. They say it is designed for 99.9%+ uptime. Their own statements, not verified outcomes.

## ProjectX sources

1. [Finance Magnates: Futures prop tech provider ProjectX to end its third-party service offering](https://www.financemagnates.com/forex/prop-firms-report-futures-prop-tech-provider-projectx-to-end-its-third-party-service-offering/) - press, checked 2026-10-12
2. [projectx.com (redirects to Topstep: TopstepX)](https://www.topstep.com/topstepx) - vendor, checked 2026-10-12
3. [DamnPropFirms: ProjectX & TopstepX 2026 guide](https://damnpropfirms.com/best-prop-firm-trading-platforms/projectx/) - review, checked 2026-10-12
4. [TradersPost: What Is ProjectX and Which Prop Firms Use It?](https://blog.traderspost.io/article/what-is-projectx-prop-firms) - other, checked 2026-10-12
5. [Finance Magnates: Topstep acquires The Futures Desk](https://www.financemagnates.com/forex/topstep-acquires-the-futures-desk-adds-coaching-tools-for-futures-traders/) - press, checked 2026-10-12
6. PipValley Index crawl, 12 Oct 2026 (https://pipvalley.com/tech#methodology) - index, checked 2026-10-12

## Tradovate Prop sources

1. [NinjaTrader: NT Technologies launches new platform experience for prop traders under new brands](https://ninjatrader.com/news/nt-technologies-launches-new-platform-experience-for-prop-traders-under-new-brands/) - vendor, checked 2026-10-12
2. [Finance Magnates: Kraken-owned NinjaTrader jumps into prop trading with two tech platforms](https://www.financemagnates.com/forex/kraken-owned-ninjatrader-jumps-into-prop-trading-with-two-tech-platforms/) - press, checked 2026-10-12
3. [Finance Magnates: Kraken completes $1.5B NinjaTrader acquisition](https://financemagnates.com/cryptocurrency/kraken-completes-15b-ninjatrader-acquisition-as-funded-accounts-jump-26-in-q1/) - press, checked 2026-10-12
4. [Business Wire: Kraken Completes Acquisition of NinjaTrader](https://www.businesswire.com/news/home/20250501627804/en/Kraken-Completes-Acquisition-of-NinjaTrader) - press, checked 2026-10-12
5. [Tradovate Prop: Home](https://prop.tradovate.com/) - vendor, checked 2026-10-12
6. [NinjaTrader Prop: Home (operator disclosure)](https://prop.ninjatrader.com/) - vendor, checked 2026-10-12
7. PipValley Index crawl, 12 Oct 2026 (https://pipvalley.com/tech#methodology) - index, checked 2026-10-12