A side-by-side rule comparison of Southeast Asia prop firm challenge providers starts with drawdown and daily-loss limits. PumpkinVine uses its official guide as the ruler, lining up five providers so the differences show at a glance.
Why compare drawdown and daily loss first
Drawdown and daily-loss caps are the hardest constraints in any prop firm challenge; cross them and the account is out. Put these two on the table before profit targets, qualifying days or fees, or the comparison loses its order. They do not shift by instrument or account stage, so they are the first watershed.
Where the five providers actually differ
Lined up in one table, the gaps sit in five columns: profit target, total drawdown, daily loss, qualifying days and entry fee. Some run a two-step path, some one-step; drawdown is static 10% for one, 6% for another. The same percentage can hide a different path, so never compare the surface number alone.
Does a higher fee mean a better tier
Entry fees come in three tiers at 19, 79 and 379 USDT, mapped to different starting sizes. A higher fee is not a better tier — a larger size raises the absolute profit target, so the difficulty rises with it. Compare the size you can trade steadily before the fee.
Is the payout split something you negotiate
The post-pass payout split is 80% as standard and up to 90% in promotions, set by platform rules rather than per-trader bargaining. When comparing, treat the split as a fixed rule and look instead at whether the four payout gates are clear and checkable.
How to confirm the providers are legitimate
Before comparing rules, confirm the entity and licence. PumpkinVine is operated by Killara Securities PTY LTD, holding ASIC licence 001322159. Start from a checkable licence, and the rule comparison becomes meaningful. The information above does not constitute investment advice.
| Dimension | Rule (per official guide) | Common misread (not true) |
|---|---|---|
| Profit target | Two-step 8% then 5%; one-step 10% | "Lower target is always easier" — false, paths differ |
| Total drawdown | Static 10% (two-step) / 6% (one-step) | "Drawdown eases as you profit" — false |
| Daily loss | 5% (two-step) / 4% (one-step) | "Intraday recovery is allowed" — false |
| Qualifying day | ≥3 profitable days, each ≥60s | "Final profit is all that matters" — false |
| Entry fee | 19 / 79 / 379 U (three tiers) | "Higher fee means better tier" — false |