11 Best Prop Trading Firms Pros and Cons – Updated

Here are the list of the 11 best pro trading firms we selected for review. Proprietary trading firms are recruiting skilled traders and provide them with company funds to trade in various financial markets, including stocks, bonds, forex, crypto, indices, futures, and commodities. These traders undergo extensive training and receive additional support, professional coaching, and advanced trading tools from the prop trading company. Both the firm and the traders share in the profits earned from their trades.

To ensure profitability and minimize losses, prop trading firms establish strict trading rules that guide and support their traders. The top prop trading firms have a staged evaluation process for hiring professional traders, which involves assessing their skills through evaluation test accounts where traders must demonstrate their abilities in areas such as risk management and profiting from live markets. Even during the evaluation stage, traders may receive commissions or profit splits, qualifying for increased funding once they meet the targets and prove their capabilities.

11 Best Prop Trading Firms

Below are the list of the best best proprietary trading firms

1. E8 FUNDING

2. FTMO

Funding Amount: $10,000 up to $200,000
Registration/Evaluation Fees: €155 up to €1,080
Forex Pair Supported: Forex, Commodities, Indices, Equities, and Cryptocurrencies
Profit Split: 80% up to 90% on scale-up plan
Location: Prague, the Czech Republic
Trading Style: Discretionary trading, Hedging, Algorithmic trading, EAs
Leverage: 1:100
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

3. INSTANT FUNDING

Funding Amount: $12,500 up to $200,000
Registration/Evaluation Fees: $99 up to $925
Forex Pair Supported: Forex, Commodities, Indices, Equities, and Cryptocurrencies
Profit Split: 90% profit split
Location: United Kingdom
Trading Style: Discretionary trading, Hedging, Algorithmic trading, EAs
Leverage: Forex 1:100, Metals and Commodities 1:40, Indices 1:20, Crypto 1:2
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

4. THE FUNDED TRADER

Funding Amount: $5,000 up to $400,000
Registration/Evaluation Fees: $65 up to $1,879
Forex Pair Supported: Forex, Commodities, Indices, Equities, and Cryptocurrencies
Profit Split: 80 to 90% profit split
Location: Texas, USA
Trading Style: Discretionary trading, Algorithmic trading, EAs, Group Hedging Across Multiple Accounts Prohibited
Leverage: 1:60 to 1:200 depending on challenge type
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

4. FUNDEDNEXT

Funding Amount: $6,000 up to $200,000
Registration/Evaluation Fees: $59 up to $999
Forex Pair Supported: Forex, Commodities, Indices, Equities, and Cryptocurrencies
Profit Split: 90% profit split
Location: United Arab Emirates
Trading Style: Discretionary trading, Hedging, Algorithmic trading, EAs
Leverage: 1:100
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

5. SURGETRADER

Funding Amount: $25,000 up to $1,000,000
Registration/Evaluation Fees: $250 up to $6,599
Forex Pair Supported: Forex, Commodities, Indices, Equities, Cryptocurrencies and Stocks
Profit Split: 90% profit split
Location: Florida, USA
Trading Style: Discretionary trading, Hedging, Algorithmic trading, EAs
Leverage: Forex 1:10, Metals and Commodities 1:10, Indices 1:10, Crypto 1:2, Stocks: 1:5
Trading News Allowed: Yes, with the exception of holding a Single Share Equity CFD into an earnings release
Refundable Registration/Evaluation Fee: Yes

6. TRADINGFUNDS

Funding Amount: $25,000 up to $200,000
Registration/Evaluation Fees: $199 up to $1,199
Forex Pair Supported: Forex, Commodities, Indices, Equities, Cryptocurrencies and Stocks
Profit Split: 80% -up till 90% profit split
Location: United Arab Emirates
Trading Style: Discretionary trading, Hedging, Algorithmic trading, EAs
Leverage: 1:100
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

7. FIDELCREST

Funding Amount: $15,000 up to $1,000,000
Registration/Evaluation Fees: €99 up to €2,999
Forex Pair Supported: Forex, Commodities, Indices, Equities, and Stocks
Profit Split: 80% up to 90% on Pro Trader, Aggressive Strategy Account
Location: Nicosia, Cyprus
Trading Style: Discretionary trading, Hedging, Algorithmic trading. EAs trading requires approval from the Risk Management Team
Leverage: 1:100
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

8. THE TRADING PIT

Funding Amount: €15,000 up to €100,000
Registration/Evaluation Fees: €99 up to €999
Forex Pair Supported: CFDs and Futures
Profit Split: 50-80% profit Split
Location: Liechtenstein, Spain and Cyprus
Trading Style: Discretionary trading, Hedging (Allowed only on Futures challenge), Scalping (Allowed only on Futures Challenge) Algorithmic trading, EAs
Leverage: 1:30
Trading News Allowed: Forbidden on CFD Challenges
Refundable Registration/Evaluation Fee: Yes

9. TOPSTEP

Funding Amount: $50,000 up to $150,000
Registration/Evaluation Fees: $165/month up to $375/month
Forex Pair Supported: Futures i.e. E-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Gold, Micro Crude Oil, and Micro Bitcoin etc.
Profit Split: 90% profit Split
Location: Chicago, IL, USA
Trading Style: Discretionary trading, Hedging, Scalping, Algorithmic trading, EAs. Note: Using any software, artificial intelligence, ultra-high speed, or mass Data entry which might manipulate, abuse, or give User an unfair advantage while using the Site or Services
Leverage: 1:100
Trading News Allowed: Forbidden on CFD Challenges
Refundable Registration/Evaluation Fee: Yes

10. The5ers

Funding Amount: $10,000 up to $100,000
Registration/Evaluation Fees: $260 up to $850
Forex Pair Supported: Forex, Commodities, Indexes, and Equities,
Profit Split: Bootcamp 50% profit share up to 100%
Location: State of Israel
Trading Style: Discretionary trading, Hedging, Algorithmic trading. EAs that does not copy trades of other persons signals, do tick scalping, perform latency arbitrage trading, perform reverse arbitrage trading, perform hedge arbitrage trading, use emulators are allowed
Leverage: 1:10 low risk, 1:30 aggressive
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

11. AUDACITY CAPITAL

Funding Amount: $15,000 up to $480,000
Registration/Evaluation Fees: £298 joining fees and a monthly fee of £99 to get funded with MT5. £199 joining fees and a monthly fee of £129 to get funded with MT4
Forex Pair Supported: Forex, Commodities, Indices, Equities, and Cryptocurrencies
Profit Split: 50%
Location: United Kingdom
Trading Style: Discretionary trading, Hedging, Algorithmic trading, EAs
Trading News Allowed: Yes
Refundable Registration/Evaluation Fee: Yes

Disclaimer

Our reviews are meticulously researched and thoughtfully written to provide the most trustworthy information possible. We strive to present a balanced view of financial products and services, without bias or preference.

It is also important for you to do your own research (DYOR) on each Prop firm’s website and get familiar with their rules and regulations.

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