Top prop firms

When selecting reliable prop firms, having a diverse choice of the best prop trading firms is crucial to making optimal decisions. Depending on the trading assets, trading conditioner, and many more, every trader might need different things from their prop firm. Top prop trading firms, which we are going to list below, provide reliable platforms and traders only have to select the one that offers the most suitable conditions with available assets, funded types, and more. Prop trading refers to the trading process where a trader uses a prop firm’s capital to trade on financial markets such as Forex, commodities, crypts, indices, stocks, and more. Prop firms offer funded challenges where traders have to show their performance to gain access to funded accounts. Because of this unique proposition, prop trading has become super popular. Let’s explore the top prop firms operating globally in the prop trading industry known for their reliability and flexibility, and list some pro tips to get funded as swiftly as possible.

FTUK

FTUK Forex prop firm review – Reliable firm with diverse funded options and discounts

Fee

99 USD

Leverage

1:100

Account Sizes

10k-100k USD

Profit Split

Up to 80%

Reliable prop trading firm with accounts from 10k to 100k USD, with scaling up to 6.4 million USD. While its profit split starts low at 50%, traders can increase it to 80%.

Read Review Visit Prop

Blue Guardian

Blue Guardian Forex prop firm review – Diverse funded options

Fee

51 USD

Leverage

1:100

Account Sizes

10k-200k USD

Profit Split

Up to 90%

Blue Guardian provides competitive fees, multiple account sizes, and advanced trading platforms. Offers profit-sharing up to 90%.

Read Review Visit Prop

Instant Funding

Instant Funding Forex prop firm review — Positive reviews, Low fees

Fee

79 USD

Leverage

1:100

Account Sizes

200k-1m USD

Profit Split

Up to 90%

The firm was established in 2021, offers a range of funded account options and high-profit splits. Trading platforms include cTrader, MetaTrader 5, and DXTrade

Read Review Visit Prop

Ment Funding

Ment Funding Forex prop firm review – Reliable Prop Firm

Fee

250 USD

Leverage

1:20

Account Sizes

25k-1m USD

Profit Split

Up to 90%

The firm was established in 2021, offers accounts from 25k to 1 million USD and a scaling to 5 million USD. It features diverse trading platforms and competitive profit splits

Read Review Visit Prop

The5%ers

The5%ers Forex prop firm review

Fee

39 USD

Leverage

1:100

Account Sizes

5k-250k USD

Profit Split

Up to 100%

Firm was established in 2019, offers challenges from 5k to 250k USD with a scaling of up to 4 million USD. Fees are low and assets are diverse, accessible on the MT5 platform

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FXIFY

FXIFY Forex prop firm review — Reliable firm with cheap challenges

Fee

59 USD

Leverage

1:50

Account Sizes

10k-400k USD

Profit Split

Up to 90%

Prop firm with up to 90% profit split; 1-step, 2-step, and 3-step evaluations. The fees start from 59 USD on 10k accounts, offers up to 4 million USD in a scaling plan.

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FundYourFX

FundYourFX Forex prop firm review — Reliable prop firm with instant accounts

Fee

250 USD

Leverage

1:100

Account Sizes

7k-80k USD

Profit Split

Up to 90%

Established in 2021, offering instant funding accounts from 7k to 80k USD with scaling up to 2m USD. The firm provides high leverage, up to 90% profit splits & cTrader platform

Read Review Visit Prop

Top prop firms listed and briefly reviewed

When selecting your prop trading firm together with attractive conditions, it is crucial that you only consider reliable options. In the brief reviews below, we have selected the most trustworthy firms that we reviewed. All these firms have positive trader reviews and offer funded accounts backed by regulated brokers and liquidity providers, eliminating the risk of price manipulation and scams.

FundedBull — Cheap prop trading

FundedBull is one of the top prop firms operating globally. Despite being a relatively young prop firm, it already amassed positive trader reviews and scored high on many online platforms. The firm’s main selling point is its establishment by prop trading veterans with deep experience in the prop trading sector.

fundedbull

👉Sign Up for the FundedBull Challenge Here!!!👈

📌 FundedBull Main Features 👇

  • Year founded – 2019
  • Based in – Solihull, West Midlands, England
  • Minimum audition fee – 40 USD
  • Minimum funded amount – 5,000 USD
  • Maximum funded amount – 250,000 USD
  • Allowed daily loss – 4%
  • Profit target – 6%
  • Maximum drawdown – 8%
  • FundedBull profit sharing (payouts) — 90%
  • Trading platform — DXTrade, MetaTrader 4, MetaTrader 5, cTrader, Match-Trader
  • Trading markets — Forex, indices, commodities, cryptos

👉Sign Up for the FundedBull Challenge Here!!!👈

FundedBull offers diverse funded challenge accounts including 1-step, 2-step, and 3-step options and funded amounts range from 5k to 250k. With a 4% daily risk limit, an 8% overall, and a 6% profit target, FundedBull offers solid trading conditions. A 5k 1-step account costs $49, a 2-step 5k account costs $44, and a 5k 3-step account costs just $40. Trading platforms include DXTrade, MetaTrader 4, MetaTrader 5, cTrader, and MatchTrader. EAs are allowed, and mobile trading is available.

Funded Trading Plus — Solid firm with diverse funded accounts

Funded Trading Plus is one of the most experienced prop trading firms out there with very positive trader reviews and regulated broker partners. The firm offers several funded account types which are flexible. Funded Trading Plus funded options include 5k, 10k, 25k, 50k, 100k, and 200k. Traders can access Forex markets, indices, commodities, and cryptos. The leverage is capped at 1:30.

funded trading plus

👉Sign Up for the Funded Trading Plus Challenges Here!!!👈

📌 Funded Trading Plus Main Features 👇

  • Year founded — 2013
  • Based in — London, UK
  • Minimum fee for lowest funded account — $119
  • Minimum Funded Trading Plus funding — $5,000
  • Maximum Funded Trading Plus funding — $200,000
  • Funded Trading Plus daily loss limit — 4%
  • Funded Trading Plus maximum drawdown — 8%
  • Funded Trading Plus profit target — 8%
  • Funded Trading Plus profit sharing (payouts) — 80%
  • Trading platform — Match-Trader, DXTrade, cTrader
  • Trading markets — Forex, commodities, indices, cryptos

👉Sign Up for the Funded Trading Plus Challenges Here!!!👈

Funded Trading Plus offers one-phase, two-phase, and instant funded challenges where traders can access between 5k and 200k USD financed amounts. The firm has a 10% profit target, a 4% daily risk limit, and a 6% maximum drawdown on 1-step accounts. The Two-Phase account has an 8% profit target, 4% daily, and an 8% maximum loss limit. Instant accounts have no profit target, but there is a 6% daily risk and a 6% maximum risk limit. Trading platforms include MatchTrader, DXTrade, and cTrader. Mobile trading is available.

Blue Guardian

Blue Guardian is also a very experienced and top prop firm that offers diverse accounts and a wide range of funding options. The firm is safe and has a good reputation with many positive trader reviews online. Profit sharing is up to 90% and the lowest fee starts from just 87 dollars. The firm is based in the United Kingdom and allows for a wide range of trading instruments including Forex pairs, indices, commodities, and cryptos.

blue guardian

👉Sign Up for the Blue Guardian Challenge Here!!!👈

📌 Blue Guardian Main Features 👇

  • Year founded – 2019
  • Based in – Solihull, West Midlands, England
  • Minimum audition fee – 54 USD
  • Minimum funded amount – 10,000 USD
  • Maximum funded amount – 200,000 USD
  • Allowed daily loss – 4%
  • Profit target – 8%
  • Maximum drawdown – 8%
  • Profit sharing (Payouts) – up to 90%
  • Trading platform — MetaTrader 5, MatchTrader, Tradelocker
  • Trading markets — FX, FX Exotics, Indices, Gold & Commodities, and Cryptos

👉Sign Up for the Blue Guardian Challenge Here!!!👈

Blue Guardian offers a wide range of funded accounts such as Unlimited, Elite, Rapid, and 3-step. Funded options range from 10 grand up to 200k dollars. The firm has attractive conditions and easy rules including 4% daily risk limits, 6-10% maximum drawdown, and 6-10 profit targets. Fees are competitive, with a 54-dollar fee for a 3-step 10k USD account and 78 USD for the Rapid Guardian 10k accounts. Trading platforms include MetaTrader 5, MatchTrader, and Tradelocker. Mobile trading is available.

The5ers — Get funded first, and pay the fee afterward!

The5ers is one of the top prop firms, offering up to 90% profit splits. The firm has been around since 2016 giving it enormous experience in the prop trading industry and has a plethora of positive reviews by prop traders. The5ers offers a decent scaling plan that allows traders to increase their funding to up to 4 million dollars. Depending on the funded account, the firm offers funded options ranging from 5k to 200k USD, which is also a very beginner-friendly approach.

the 5%ers

👉Sign Up for the The5ers Challenges Here!!!👈

📌 The5ers Main Features 👇

  • Year founded — 2016
  • Based in — Raanana, Israel
  • Minimum The5ers funded account fee — $39
  • Minimum The5ers funding — $5,000
  • Maximum The5ers funding — $200,000 ($4 million through scaling)
  • The The5ers daily loss limit — None-3%-5%
  • The The5ers maximum drawdown — 5%-6%-10%
  • The The5ers profit target — 6%-8%-10%
  • The The5ers profit sharing (payouts) — 80% (up to 100%)
  • Trading platform — MetaTrader 5
  • Trading markets — Forex pairs, commodities, indices, stocks, cryptos

👉Sign Up for the The5ers Challenges Here!!!👈

The5ers offers diverse funded account choices including Bootcamp, high-stakes, and instant. The Bootcamp is a 3-step beginner-oriented funded account, while the high-stakes is a 2-step funded account. The5ers allows traders to access Forex pairs, commodities, indices, stocks, and cryptos. The firm offers access to the advanced trading platform MetaTrader 5 (MT5) and allows for all trading strategies, including Expert Advisors. Mobile trading is also available via the MT5 mobile app. Customer support is available via live chat and email options, allowing for instant connection with the firm representatives.

FTUK

FTUK is a relatively new prop firm that has been around since 2021. Despite this, the firm has amassed plenty of positive feedback from prop traders on various online platforms. The firm offers diverse funded choices between 10k and 100k and is based in Dubai, UAE. The profit split is 80% which is very competitive in the prop trading sector nowadays. The one distinct advantage of FTUK is the firm does not require daily loss limits, which enables traders to employ diverse trading strategies.

ftuk

👉Sign Up for the FTUK Challenge Here!!!👈

📌FTUK Main Features👇

  • Spanish and EU indices available
  • Year founded – 2021
  • Based in – Dubai, United Arab Emirates
  • Minimum audition fee – 99 USD
  • Minimum funded amount – 10,000 USD
  • Maximum funded amount – 100,000 USD
  • Allowed daily loss – None
  • Profit target – 10%
  • Maximum drawdown – 8%
  • Profit sharing (Payouts) – 80%
  • Trading platform — DXTrade, Match-Trader, cTrader
  • Trading markets — Forex (majors, minors, exotics), commodities, indices, cryptos

👉Sign Up for the FTUK Challenge Here!!!👈

FTUK offers access to diverse markets and advanced trading platforms including DXTrade, Match-Trader, and cTrader. Mobile trading is also available. The funded account types include instant, one-step, and two-step options. The pricing for two-step accounts has been recently updated, where traders can buy a 10k USD challenge for just 99 USD, which is lower than the previous pricing. Customer support is available through live chat and email channels, but both the website and support are available only in the English language.

FXIFY — Trusted firm with cheap fees

FXIFY is a relatively young prop trading firm that accumulated massive amounts of positive reviews online from retail prop traders. The firm is one of the best companies in the industry, offering funded accounts from 59 USD with diverse funded options ranging from 10k to 400k USD. Traders can expect to get between 75 and 90% profit split, which is very attractive.

fixfy

👉Sign Up for the FXIFY Challenges Here!!!👈

📌 FXIFY Main Features 👇

  • Year founded — 2023
  • Based in — London, UK
  • Minimum FXIFY funded account fee — $59
  • Minimum FXIFY funding — $10,000
  • Maximum FXIFY funding — $400,000
  • FXIFY daily loss limit — 5%
  • FXIFY maximum drawdown — 10%
  • FXIFY profit target — 5-10%
  • FXIFY profit sharing (payouts) — 75% (up to 90%)
  • Trading platform — MetaTrader 4, MetaTrader 5, DXTrade
  • Trading markets — Forex, indices, commodities, cryptos, stocks

👉Sign Up for the FXIFY Challenges Here!!!👈

Traders With Edge — Highest maximum funding

Traders With Edge is a well-known prop firm that has been around since 2022 making it decently experienced in the prop trading industry. The firm is among the best prop trading firms operating and accepting clients globally. The lowest fee starts from 55 dollars on 5k accounts and the firm offers up to 80% profit split which is pretty attractive. Beginners can select between 2.5 and 5k accounts, while seasoned pros can purchase up to 1 million dollar challenges, which is super flexible.

traders with edge

👉 Sign Up for the Traders With Edge Challenges Here!!!👈

📌 Traders With Edge Main Features 👇

  • Year founded — 2022
  • Based in — Hong Kong
  • Minimum Traders With Edge funded account fee — $55
  • Minimum funding — $2,500
  • Maximum funding — $1,000,000
  • Daily loss limit — 3-5%
  • Maximum drawdown — 5-10%
  • Profit target — 10%
  • Profit sharing (payouts) — 80% (50% on instant accounts)
  • Trading platform — DXTrade, Match-Trader
  • Trading markets — Forex, digital currencies, metals and energy, stock indices and 500 individual stocks

👉Sign Up for the Traders With Edge Challenges Here!!!👈

Traders With Edge offers three funded challenges, one-step, two-step, and instant. The one-step account is called turtle, and the two-step one is haze. The platforms are DXTrade and Match-Trader and the firm allows access to stocks among other assets which is super rare. Mobile trading is available, and customer support is provided via live chat and email channels. Traders can choose between standard and aggressive challenges, allowing them to completely adjust their challenges to their strategies, which is very useful.

How to select a suitable prop trading firm

When trying to sign up for a prop trading challenge, it is essential to select the firm that offers the most suitable trading conditions for your trading strategy. Depending on your preferred trading assets, not every prop trading firm will be suitable. If you are trading stocks, it will be difficult to find a reliable firm as the majority of the firms are offering Forex pairs and some of them futures. You may opt for a firm that offers the lowest spreads to deploy your scalping strategy or look for overnight holding and news trading if you want to use swing trading strategies. Depending on your ideal conditions, there are several tips to take into consideration to be prepared for the challenge and increase your chances of success.

Free trial period

A free trial period also known as a demo account is an important feature that every reliable prop firm must have. Demo accounts allow traders to sign up for the challenge and trade on the funded account with virtual cash to test the firm’s conditions. This has two critical implications. Firstly, you need to check the trading conditions offered by the firm and secondly, you want to test your strategy and its compliance with the firm’s rules.

Safety and Security

Safety and reputation are paramount when dealing with prop firms. This is because the prop trading industry is not very strictly regulated, as these firms are not managing client funds or offering trading services. To check the firm’s security, either read our review or check what other traders have to say about the firm.

Market access

The firm might be super reliable and cheap, but if it does not offer the trading instrument you want to trade, it won’t help. Check which instruments the firm has and check their trading conditions such as spreads, commissions, and maximum allowed leverage. Spreads are critical in prop trading, as many traders employ scalping strategies to have high win rates and get funded quickly without breaching risk rules.

Tools and technology

The first and most important tool in prop trading is the availability of an advanced trading platform. Platforms such as MT4, MT5, cTrader, Match-Trader, and TraderLocker, all offer advanced features that are useful in prop trading. Other tools such as economic calendars also help traders to make informed decisions. Top prop firms also offer performance measure tools to allow traders to check their progress and compliance with the firm’s rules.

Rules and funded options

Ensure to check how the evaluation process works and which are necessary steps to get funded and trade for profits. Prop firms have rules such as daily risk limit, maximum drawdown, and profit targets to ensure their capital is protected. Some funded accounts are instantaneous requiring no evaluation while others might require 1-step, 2-step, or even 3-phases to get funded.

Customer support experience

Customer support is one of the most important features of prop firms. If the firm does not offer live chat or phone support, stay away from them. Reliable prop firms provide live chat and some of them have phone support available. Email support is also essential, but not as crucial as live chat or hotline. Another critical aspect is that the firm offers its website and support options in several languages to ensure quality customer service for all traders.

How to pass a prop trading challenge

To pass a valuation challenge, traders have to develop well-tested trading strategies and stay compliant with the firm’s rules. To pass the challenge with any prop trading firm listed above, there are many tips and tricks to employ. Depending on your trading style and favorite trading asset, different strategies will be more suitable. There are numerous core principles in financial trading and prop trading that every beginner should know and use in their trading practices:

  • Double-check the firm’s rules – Checking the prop firm’s rules before starting the challenge is super important so that you know what risk and other parameters to take into consideration when building the strategy. If you already have a trading strategy, check if it meets the requirements of the prop firm you selected.
  • Manage your risks strictly – This is critical in prop trading as prop firms typically have daily and maximum loss limits and traders must stay compliant with these rules so as not to get disqualified. Include a stop loss order in all your trading strategies and trading positions to avoid unnecessary losses and hitting daily and overall loss limits.
  • Develop and adopt your strategy – Develop or adopt your trading strategy to stay compliant with the firm’s rules. You need your strategy to make profits while not hitting the daily risk limit and maximum drawdown. If your current strategy can not achieve that, adopt it with strong risk management or develop a completely new strategy and test it thoroughly.
  • Master trading psychology and emotional discipline – Trading psychology is a topic long discussed in the financial trading community, and there is a good reason for it. Most success in prop trading depends on your ability to manage your emotions effectively and be disciplined to stick to your strategy’s rules.
  • Education is critical – Education in financial markets is crucial to correctly identify trends and important events in markets. If you are a beginner, do not rush to purchase the challenge, go and learn instead. Trade on a demo account and develop a trading strategy to become successful in prop trading.
  • Networking – Sharing your experience and knowledge with other traders can be beneficial for both yourself and your prop trading career. Getting important insights from experienced traders will help you to develop more effective trading strategies and stay profitable in the long run.

Following these steps will help you succeed in prop trading and financial trading in general. You need to be disciplined, develop and test strategies, and exercise strong risk management measures to consistently outperform markets. Suppressing and managing your emotions and thinking about trading in terms of probabilities and not certainties will guide you through this difficult but very rewarding path very few can take successfully.

FAQs on Top Prop Firms

What should traders consider when choosing a top prop trading firm?

Traders should take into consideration several factors including trading conditions (spreads, commissions), funding options, daily loss limit, drawdown limits, and profit split percentages to select the most suitable and reliable prop firm for their financial goals.

How do top prop trading firms ensure trader safety and reliability?

Top prop firms are partnered with regulated brokers and all trading is backed by these brokers, they also might use liquidity providers. Top prop firms also establish clear risk management rules and often have decent experience in the prop industry.

Why are funded challenges popular among prop traders?

Funded challenges allow traders to access the firm’s capital and trade without personal financial risks and keep around 75-90% of generated profits. Traders who pass the challenge can trade larger accounts than what they would on their own.

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