Does YRM Prop pay out?
The verdict, the risk score and the figures behind them.
We found something serious: a payout pattern, a severe clause, or regulator action.
YRM Prop pays, and has paid a great deal, but it is not paying on time right now and its own Help Center says so.
- Independently verified on-chain records show 1,125 payouts totalling $1,936,940 since July 2025, the most recent on 26 August 2026. This is a real payout history, not a marketing claim.
- That flow has collapsed. The firm's busiest day paid $101,497 on 13 April 2026; the entire last 30 days paid $10,713.
- Traders on Trustpilot report waits of one to four months, and one was told the firm lacked the funds and given a partial refund instead.
- The storefront is closed. New funded accounts cannot be purchased, so the firm is not selling into a backlog it cannot clear.
- The binding agreement disclaims all liability for failing to pay a payout on time, and lets the firm rewrite the agreement at will.
Risk breakdown
Six axes, each scored 1-10. Higher means more risk.
Six axes, scored 1 to 10, where a higher number means more risk. Being unregulated is normal for a prop firm and is not scored against them.
- Identity & transparency3/10
Named Delaware entity in all legal documents, eleven staff named with roles, a co-founder publicly accountable in reviews, and an honest simulated-trading disclosure; held off the lowest band only by the unverified register entry and marketing that still advertises fast 24 hour payouts the firm is not currently meeting.
- Payout8/10
A large, genuinely verified payout history undercut by a current payout-integrity pattern: throughput down from $101,497 in a day to $10,713 in a month, waits of one to four months reported, and one trader told the firm lacked funds; not higher because money is still moving and no systematic denial was found.
- Terms & rug-pull risk8/10
The binding agreement disclaims all liability for late payouts, permits amendment at sole discretion at any time, allows forfeiture of an accrued reward balance without consideration and discretionary deletion of trades; partially offset by genuinely published numeric consistency and trade-count thresholds.
- Trading conditions3/10
Simulation is stated plainly in both the agreement and the site headings, platforms and exchanges are named, and the live tier is disclosed as firm-funded; small deduction for homepage language about trading real markets sitting close to the simulated reality.
- Reputation7/10
TrustScore 3.6 across 249 reviews with a barbell distribution of 69% five-star against 25% one-star, the negative tail concentrated on current payout delays; mitigated by the firm replying publicly and by positive reviewers openly acknowledging the liquidity difficulty rather than papering over it.
- Operational & social5/10
Discord is active with 5,516 members and 574 online, support is praised by name even within negative reviews, and the team page is intact; against that, the storefront is closed and video output has slowed to roughly one batch a month.
Payout reality
Whether the money actually arrives, and what we could evidence.
This firm has genuinely paid traders, at scale, and is now visibly struggling to keep up. Both halves of that sentence are evidenced, and a trader needs to weigh them together.
- What is proven: an independent tracker checks payouts transaction by transaction against public blockchain records and attributes 1,125 settled payouts worth $1,936,940 to yrmprop.com through the Rise payment network, verified since July 2025. Ten individually dated entries were reviewed, from $413 to $3,000, running through 26 August 2026. The figure on the firm's own homepage matches the independent tracker exactly, which is a good sign about the firm's honesty with numbers.
- What is deteriorating: the same data shows the throughput falling away. One day in April 2026 settled $101,497. The whole of the last 30 days settled $10,713, at 0.2 payouts a day. At the time of this review roughly two weeks had passed since the last verified payout.
- What traders report: dated Trustpilot accounts describe waits of one to four months. One trader who requested on 18 May was told the firm lacked the funds and received only a partial refund. Another earned a payout in May, never received it, and had the account closed for inactivity while waiting. Others report requests from late August still unpaid in September.
- What still works: payouts have not stopped. One trader confirmed funds arriving within 24 hours via Rise on 20 August, and another reported a payout received on 2 September.
- What the firm says: its Help Center currently states that payouts are being processed in batches and may take longer than usual, and that it is experiencing delays beyond its standard timeline which it describes as temporary. The problem is disclosed rather than hidden.
This is a liquidity failure, not a denial machine. Nobody is describing an invented rule violation surfacing at withdrawal time. That distinction matters, but it does not help a trader whose money is four months late.
How the program works
The evaluation, the funded phase and what the firm keeps.
A buyer purchases a non-refundable evaluation. Fees are explicitly used in full with no refund after purchase.
- Two routes: Starter Challenge one-step evaluations at 25K, 50K, 100K and 150K, and Instant Prime direct funded accounts. Simulated capital runs up to $450,000 and a trader may hold up to three funded accounts.
- Instruments: Futures only, on CME, CBOT, NYMEX and COMEX. Stocks, options, forex, crypto and CFDs are all excluded.
- Evaluation: Minimum two trading days, with an end-of-day drawdown assessment on all programs.
- Profit split: 90/10 in the trader's favour. Instant SIM users keep 100% of the first $10,000, then 90/10.
- Payout qualification on Prime: six qualifying days, each needing at least one executed trade and a net profit of at least $150, plus a 35% consistency ceiling calculated as highest single-day profit divided by total profit. Instant Prime requires eight qualifying days and a tighter 20% ceiling. Minimum request $250.
- Cap: rewards are capped at $35,000 per Prime SIM account.
- Live tier: selected traders may transition to an account funded by YRM after KYC and an onboarding call. The trader contributes no capital at any stage.
Who they are
The company behind the brand, and where it is registered.
- Brand: YRM Prop
- Legal entity: YRM Prop LLC, a Delaware limited liability company, named consistently in the Terms of Use, the Funded Trader Agreement and the site footer
- Registered: Delaware, United States. Entity details were taken from the firm's own legal documents; the state register entry was not independently opened for this review
- Contact address: 85 Broad Street, 17th Floor, New York, NY 10004, with a published support line and email
- Website: yrmprop.com
- Founded: June 2025, consistent with the independent payout tracker recording verified activity from July 2025
- Team disclosed: Yes, unusually fully. Eleven people are named with roles, including CEO and co-founder Mohamed Saidi and co-founder and CSO Alexander Shapiro. Shapiro replies to critical public reviews under his own name.
- Where it accepts traders from: Broadly international, futures only, with a published restricted-country list. The firm states plainly that it is not registered with the SEC or CFTC, which is the ordinary position for a simulated futures prop firm.
Company on record
The legal entity named in the terms, as found on a public registry.
- Legal name
- YRM Prop LLC
- Jurisdiction
- United States (Delaware)
- Registered address
- 85 Broad Street, 17th Floor, New York, NY 10004
- Registry
- Delaware Division of Corporations
Why this verdict
How the findings add up to this verdict.
HIGH_RISK reflects a firm with a real payout record that is currently unable to meet its obligations on schedule.
- A payout-integrity pattern is present and current. The same failure mode appears across independent sources, time-clustered from May to September 2026, with checkable amounts and dates, and is corroborated by on-chain throughput data and by the firm's own delay notice.
- The collapse signature is partially present. Payouts have moved into an extended queue and the storefront has closed. But the aggravating markers are absent: support is responsive and repeatedly praised by name even in negative reviews, the team page is intact, and a named co-founder answers complaints publicly.
- It is not COLLAPSED. Money was still leaving in late August and early September, and the Discord community remains active with 5,516 members and several hundred online.
- It is not CONFIRMED_PAYOUT_FAILURE. There is no evidence of systematic denial. The firm is late and short of cash, and says so, rather than manufacturing breaches to avoid paying.
- The terms make a bad situation worse. The binding agreement disclaims liability for failing to disburse a payout on time, permits amendment at sole discretion at any time, and allows forfeiture of an accrued reward balance without consideration.
- Being outside SEC or CFTC registration is the normal baseline for this business model and forms no part of this verdict.
Counterpoints
The strongest case in their favour, and what would change our mind.
The case in their favour
The strongest honest case for YRM Prop is better than most firms in this position can muster.
- The payout history is real and independently checkable. Nearly $2M across 1,125 payouts, each verifiable against public blockchain records rather than asserted in a banner. Very few young firms can offer that standard of proof.
- The firm stopped selling. The single most predatory move available to a prop firm in a liquidity squeeze is to keep the checkout open and fund the backlog with new evaluation fees. YRM closed the storefront instead. That is a deliberate choice against its own short-term interest.
- It admits the problem in writing, on its own Help Center, where a prospective buyer can find it.
- Its rules are more precisely published than the industry norm. The consistency requirement is a stated number with a stated formula, 35% on Prime and 20% on Instant Prime, and the high-frequency limit is a specific 200 trades per day. A firm that publishes exact thresholds has given up the vaguest denial mechanic in the business.
- The people are named and visibly accountable. Eleven staff with roles, and a co-founder personally answering angry reviews during a crisis rather than hiding behind a template.
- Support earns praise even from unhappy traders, which is rare and suggests the difficulty is cash, not intent.
What would change our mind
Specific and checkable things, in both directions.
- Upward: verified on-chain payout volume returning to a normal weekly cadence, rather than the current 0.2 payouts a day, sustained over a full month.
- Upward: the Trustpilot backlog cohort, including the traders who requested in May and August 2026, confirming publicly that they were paid in full rather than partially refunded.
- Upward: the Help Center delay notice being withdrawn and the 48 hour target holding, with the storefront reopening only after the queue is cleared.
- Upward: the firm publishing the size of the outstanding queue and a dated plan to clear it.
- Downward: the storefront reopening while traders from the current backlog remain unpaid. That single move would change the reading from distress to something worse.
- Downward: verified payouts ceasing entirely for a month, or the Discord going quiet.
- Downward: any shift from a liquidity explanation to retroactive rule violations being found against backlogged accounts.
- Downward: a regulator listing, or the named team disappearing from the site.
Evidence ledger
Every finding behind the verdict, with its source.
- In favour
E11,125 payouts totalling $1,936,940 attributed to yrmprop.com, each checked against public blockchain records via the Rise network, verified since July 2025, with ten individually dated recent entries running to 26 August 2026.
Hard proofPayout Junction on-chain payout tracker - Against
E2Payout throughput has collapsed: busiest day ever settled $101,497 on 13 April 2026, while the last 30 days settled $10,713 at 0.2 payouts per day, with roughly two weeks elapsed since the last verified payout.
Hard proofPayout Junction 30 day statistics - Against
E3The firm's own Help Center states that payouts are being processed in batches and may take longer than the usual processing time, and that it is currently experiencing delays beyond its standard timeline.
- Against
E4The storefront is closed to new business, displaying Funding Currently Unavailable and no plans available, indicating the firm has stopped selling evaluations while the backlog is outstanding.
StrongYRM Prop homepage - Against
E5A time-clustered set of dated payout-integrity reports from May to September 2026, including a trader who requested on 18 May and was told the firm lacked funds before receiving a partial refund, and one who earned a payout in May, never received it and had the account closed for inactivity while waiting.
- In favour
E6Dated confirmations that money still reaches traders: one payout approved and delivered within 24 hours to a Rise account on 20 August 2026, and a further payout reported received on 2 September 2026.
- Against
E7The binding Funded Trader Agreement disclaims responsibility for exactly the failure now occurring: 'YRM shall not be responsible and have no liability for any failure or inability to timely disburse any Payout.'
- Against
E8A broad discretion regime: the agreement may be amended at YRM's sole discretion at any time, an accrued reward balance may be forfeited without consideration, and trades may be deleted at sole discretion.
- In favour
E9Consistency requirements are published as specific numbers with the calculation stated, 35% on Prime and 20% on Instant Prime measured as highest single-day profit divided by total profit, alongside a numeric 200 trades per day limit, removing the undefined-threshold denial mechanic.
- In favour
E10Eleven staff named with roles including both co-founders, a consistent Delaware legal entity across all legal documents, and a co-founder replying to critical reviews under his own name during the backlog.
Official channels
Official accounts and the captures we archived.
Official channels
Audience size and the latest post we could see, captured on the review date. A prop firm usually goes quiet before it stops paying, so an inactive channel is worth noticing.
What we captured
Screenshots taken by WIKILIX on the review date. Pages change; these do not.
Questions about YRM Prop
The questions traders actually ask about this firm.
Yes, and it can be independently proven: 1,125 payouts totalling $1,936,940 have settled on a public blockchain through the Rise network since July 2025. The problem is timing, not existence. Verified payouts over the last 30 days came to $10,713, against a single day in April 2026 that settled $101,497.
The stated target is 48 hours after approval. In practice, dated trader reports describe waits ranging from under 24 hours for some to between one and four months for others. The firm's own Help Center confirms that payouts are being processed in batches and are taking longer than the standard timeline.
It is published as a specific number, which is better than the industry norm. Your highest single day of profit divided by your total profit must stay at or below 35% on a Prime account and 20% on an Instant Prime account. Because the threshold and the formula are both stated, you can check compliance yourself before requesting.
No. You pay a non-refundable evaluation fee and nothing else. There is no cashier, no client-money language in the terms, and no live trading account you fund yourself. Even the live tier is funded by the firm. Note that evaluation fees are explicitly non-refundable once purchased.
No. YRM Prop LLC is a Delaware company with a New York contact address, and eleven staff are named with roles, including both co-founders. One of them replies to critical public reviews under his own name. On disclosure, this firm is above average for the sector.
The homepage states that funding is currently unavailable and that no plans are available. New funded accounts are not being sold. Read alongside the payout backlog, this suggests the firm has chosen to stop taking new money while it works through what it owes.
No pattern of outright refusal was found. The complaints describe delay and, in at least one case, a partial refund offered after the firm said it lacked the funds. Nobody is reporting an invented rule violation appearing at withdrawal time, which is a meaningfully different failure from a denial machine.
Simulated. The agreement states that all trading through a Prime SIM account is simulated only, and the site labels the journey as funded simulated trading. Selected traders can later transition to a live account funded by YRM after KYC and an onboarding call. This is the standard model and is not a criticism.
One clause above all: the agreement says YRM shall not be responsible and has no liability for any failure or inability to timely disburse any payout. Given the current backlog, that is not theoretical. Add to it the right to amend the agreement at sole discretion at any time, and to forfeit an accrued reward balance without consideration.
Nothing was found. The firm states plainly that it is not registered with the SEC or CFTC, which is the ordinary and expected position for a simulated futures prop firm and is not a mark against it.
What we would do
What we would do with our own money.
For a trader considering YRM Prop today, the practical position is straightforward.
- You cannot buy in at the moment anyway. New funded accounts are not on sale, so there is no decision to rush.
- Do not treat the historic $1.9M as a promise about your payout. It describes what the firm did when it had the cash. The relevant number is the $10,713 verified across the last 30 days.
- If you already hold a funded account, request payouts early and in modest amounts rather than accumulating a large balance. The $35,000 per-account reward cap and the current queue both argue against letting a balance build.
- Document everything. Keep dated records of your request, the dashboard state and all support correspondence. Traders who were offered partial refunds needed exactly that.
- Check the on-chain tracker before acting. It updates continuously and will show a genuine recovery, or the absence of one, before any announcement does.
- Read the Funded Trader Agreement rather than the Help Center. Where they disagree, the agreement is what binds, and it is the harsher of the two.
- If the storefront reopens while the backlog is unresolved, treat that as a reason to stay away.