PFH Index: Average Prop Firm Trust Score Climbs to 7.94 in May — Highest Since Tracking Began
The May 2026 PFH Cross-Industry Index, published May 20, 2026, shows the volume-weighted average Trust Score across all tracked prop firms climbed to 7.94 out of 10, up from 7.81 in April and the highest reading since PFH began tracking. The rise was driven primarily by payout-reliability improvements at four mid-tier firms and the exit of two low-scoring graveyard-tracked operators from the active universe. Transparency Index scores also improved on average, helped by several firms publishing dashboard-style payout pages in Q2. The bottom-quartile gap narrowed by 0.4 points versus April, indicating less dispersion at the lower end of the market.
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