Today you’ll learn all about proprietary trading firms, and I’ll give you a list of the best firms out there.
Here are the topics:
- List Of Top Proprietary Trading Firms
- What Is A Prop Firm
- Prop Firm Challenge – How To Pass
- How Do Prop Firms Make Money
- This Is What You Learned Today
- Learn More
List Of Top Proprietary Trading Firms
Here’s a list of the best top proprietary firms.
FTMO
REVIEW
FTMO is a Forex prop firm, located in Prague, Czech Republic. It was founded in 2014. Read the full FTMO review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $2,000,000
Profit split: up to 90%
Cost: from €155
Platforms: MetaTrader 4, MetaTrader 5, and cTrader
Funded Trading Plus
REVIEW
Funded Trading Plus is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full Funded Trading Plus review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $2,500,000
Profit split: up to 90%
Cost: from $119
Platforms: MetaTrader 4, and MetaTrader 5
Topstep
REVIEW
Topstep is a Futures prop firm, located in Chicago, Illinois, USA. It was founded in 2010. Read the full Topstep review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $150,000
Profit split: 90%
Cost: from $165/month
Platforms: TSTrader, NinjaTrader, Quantower, TradingView, Sierra Chart, T4, Jigsaw Daytradr, Multicharts, R|Trader Pro, VolFix, Trade Navigator, ATAS OrderFlow Trading, MotiveWave, Bookmap, Investor/RT
Apex Trader Funding
REVIEW
Apex Trader Funding is a Futures prop firm, located in Austin, Texas, USA. It was founded in 2021. Read the full Apex Trader Funding review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures, Crypto Futures.
Max balance: $300,000
Profit split: 90%
Cost: from $137/month
Platforms: NinjaTrader, Tradovate, TradingView, Wealthcharts (web platform), Trader, ATAS, Bookmap, Edgeclear, Finamark, Jigsaw Trading, Motivewave, Quantower, Rithmic, Sierra Chart, Volfix, and Rithmic
TopTier Trader
REVIEW
TopTier Trader is a Forex prop firm, located in Miami, Florida, USA. It was founded in 2021. Read the full TopTier Trader review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $300,000
Profit split: up to 90%
Cost: from $130
Platforms: MetaTrader 4
Leeloo Trading
REVIEW
Leeloo Trading is a Futures prop firm, located in Montana, USA. It was founded in 2019. Read the full Leeloo Trading review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures, Crypto Futures.
Max balance: $300,000
Profit split: up to 90%
Cost: from $26/month
Platforms: NinjaTrader, Rithmic Pro, EdgeProX, Motive Wave, Multicharts, Jigsaw Daytradr, Trade Navigator, Volfix, Bookmap X-Ray, Investor/RT, Sierra Charts, OptimusFLOW
The Trading Pit
REVIEW
The Trading Pit is a Futures, and Forex prop firm, located in Liechtenstein. It was founded in 2021. Read the full The Trading Pit review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto, Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures, Crypto Futures.
Max balance: $5,000,000
Profit split: up to 80%
Cost: from €99/month
Platforms: MetaTrader 4, MetaTrader 5, ATAS, Quantower, R/Trader, Bookmap, Sierra Charts, Jigsaw, and Volfix
Take Profit Trader
REVIEW
Take Profit Trader is a Futures prop firm, located in Orlando, Florida, USA. It was founded in 2022. Read the full Take Profit Trader review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $150,000
Profit split: 80%
Cost: from $150/month
Platforms: Ninjatrader, Tradovate, Rithmic R|Trader, TradingView, Quantower, Agena Trader, Bookmap, Order Flow Trading, ESignal, Investor RT, MotiveWave, Jigsaw Trader, MultiCharts, Photon Trader, Trade Navigator, Q Scalp, Volfix
City Traders Imperium
REVIEW
City Traders Imperium is a Forex prop firm, located in UK. It was founded in 2018. Read the full City Traders Imperium review
FEATURES
Instruments: Forex, Indices, Metals, Commodities.
Max balance: $2,000,000
Profit split: up to 100%
Cost: from $49
Platforms: MetaTrader 5
TickTickTrader
REVIEW
TickTickTrader is a Futures prop firm, located in Bucharest, Romania. It was founded in 2022. Read the full TickTickTrader review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $100,000
Profit split: 90%
Cost: from $145/month
Platforms: Ninjatrader, Bookmap, Daytradr, Agena Trader, Atas, Collective 2, Inside Edge, Medved Trader, Motive Wave, MultiCharts, Optimus Flow, Overcharts, Photon Trader, Quantower, Quick Screen Trading, R Investor, Scalp, Scalp Tool, Sierra Chart, Tiger Trade, Trade Navigator, TS Lab, Volfix.net
Audacity Capital
REVIEW
Audacity Capital is a Forex prop firm, located in London, UK. It was founded in 2012. Read the full Audacity Capital review
FEATURES
Instruments: Forex, Indices, Commodities.
Max balance: $480,000
Profit split: up to 75%
Cost: from £199
Platforms: MetaTrader 4
E8 Funding
REVIEW
E8 Funding is a Forex prop firm, located in Dallas, Texas, USA. It was founded in 2021. Read the full E8 Funding review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $1,000,000
Profit split: up to 90%
Cost: from $228
Platforms: MetaTrader4, and MetaTrader5
OneUp Trader
REVIEW
OneUp Trader is a Futures prop firm, located in Delaware, USA. It was founded in 2017. Read the full OneUp Trader review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $250,000
Profit split: 90%
Cost: from $125/month
Platforms: Ninjatrader, R|Trader, Agena Trader, Inside Edge Trader, R Investor, Motive Wave, MultiCharts, Photon, QScalp, QST- Quick, Screen Trading, ScalpTool, Trackn Trade, Trade Navigator, Volfix.net, eSignal, Jigsaw Trading, ATAS Order Flow Trading, Bookmap, Quantower, and Sierra Chart.
Earn2Trade
REVIEW
Earn2Trade is a Futures prop firm, located in Sheridan, Wyoming, USA. It was founded in 2017. Read the full Earn2Trade review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $400,000
Profit split: 80%
Cost: from $150/month
Platforms: Ninjatrader, Finamark, R|Trader, Inside Edge Trader, Investor RT, Motive Wave, MultiCharts, Bookmap, Photon, QScalp, QSI- Quick Screen Trading, ScalpTool, Trade Navigator, Volfix.net, Jigsaw Trading, ATAS Order Flow Trading, Sierra Chart, and Quantower
UProfit
REVIEW
UProfit is a Futures prop firm, located in Texas, USA. It was founded in 2019. Read the full UProfit review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $200,000
Profit split: up to 80%
Cost: from $89/month
Platforms: Ninjatrader, Bookmap, Agena Trader, Motive Wave, Photon, Collective2, InsideEdge Trader, Optimus Flow, ScalpTool, Medved Trader, Quantower, Trade Navigator, Overcharts, Sierra Chart, Volfix, TigerTrade, MultiCharts, Scalp, QSI, and TSLAB.
Bulenox
REVIEW
Bulenox is a Futures prop firm, located in Delaware, USA. It was founded in N/A. Read the full Bulenox review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $250,000
Profit split: 90%
Cost: from $115/month
Platforms: Ninjatrader, Rithmic R|Trader, TigerTrade, OptimusFlow, InsideEdge Trader, Volfix, Atas, Scalp, Overcharts, Medved Trader, Quantower, QST, ScalpTool, TSLAB, TradeNavigator, SierraChart, MultiCharts, Photon, MotiveWave, RInvestor, and Bookmap X-Ray.
FTUK
REVIEW
FTUK is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full FTUK review
FEATURES
Instruments: Forex, Indices, Commodities, Crypto.
Max balance: $5,760,000
Profit split: 80%
Cost: from $149
Platforms: MetaTrader4 and MetaTrader 5
Traders With Edge
REVIEW
Traders With Edge is a Forex prop firm, located in USA. It was founded in 2022. Read the full Traders With Edge review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $3,000,000
Profit split: up to 80%
Cost: from $55
Platforms: MetaTrader 4, and Metatrader 5
FundedNext
REVIEW
FundedNext is a Forex prop firm, located in Ajman, UAE. It was founded in 2022. Read the full FundedNext review
FEATURES
Instruments: Forex, Indices, Metals, Commodities.
Max balance: $4,000,000
Profit split: up to 90%
Cost: from $99
Platforms: MetaTrader 4
The Funded Trader
REVIEW
The Funded Trader is a Forex prop firm, located in Miami, Florida, USA. It was founded in 2021. Read the full The Funded Trader review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $1,500,000
Profit split: up to 90%
Cost: from $129
Platforms: MetaTrader4, and MetaTrader5
Fidelcrest
REVIEW
Fidelcrest is a Forex prop firm, located in Nicosia, Cyprus. It was founded in 2018. Read the full Fidelcrest review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $2,000,000
Profit split: up to 90%
Cost: from €99
Platforms: MetaTrader 4
True Forex Funds
REVIEW
True Forex Funds is a Forex prop firm, located in Hungary. It was founded in 2021. Read the full True Forex Funds review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $400,000
Profit split: 80%
Cost: from €89
Platforms: MetaTrader 4, and Metatrader 5
TradeDay
REVIEW
TradeDay is a Futures prop firm, located in Chicago, USA. It was founded in 2020. Read the full TradeDay review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Metals Futures.
Max balance: $250,000
Profit split: 90%
Cost: from $99/month
Platforms: NinjatRader, Tradovate, TradingView, and Jigsaw Trading
Lux Trading Firm
REVIEW
Lux Trading Firm is a Forex prop firm, located in London, UK. It was founded in 2020. Read the full Lux Trading Firm review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $10,000,000
Profit split: 75%
Cost: from £149
Platforms: MetaTrader 4, TradingView, and TraderEvolution
Super Funded
REVIEW
Super Funded is a Forex prop firm, located in Victoria, Australia. It was founded in 2021.
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $200,000
Profit split: up to 90%
Cost: from $99
Platforms: MetaTrader 4
SurgeTrader
REVIEW
SurgeTrader is a Forex prop firm, located in Naples, Florida, USA. It was founded in 2021. Read the full SurgeTrader review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $1,000,000
Profit split: up to 90%
Cost: from $250
Platforms: MetaTrader 4, and MetaTrader 5
Trade The Pool
REVIEW
Trade The Pool is a Stocks prop firm, located in Israel. It was founded in 2016. Read the full Trade The Pool review
FEATURES
Instruments: Stocks.
Max balance: $260,000
Profit split: up to 80%
Cost: from $97
Platforms: Proprietary
Elite Trader Funding
REVIEW
Elite Trader Funding is a Futures prop firm, located in Florida, USA. It was founded in N/A. Read the full Elite Trader Funding review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures, Crypto Futures.
Max balance: $300,000
Profit split: 80%
Cost: from $80/month
Platforms: NinjaTrader, Tradovate, Rithmic, and TradingView
BluFX
REVIEW
BluFX is a Forex prop firm, located in London, UK. It was founded in 2016. Read the full BluFX review
FEATURES
Instruments: Forex, Metals.
Max balance: $1,000,000
Profit split: 50%
Cost: from $99
Platforms: cTrader
My Forex Funds
REVIEW
My Forex Funds is a Forex prop firm, located in Canada. It was founded in 2020. Read the full My Forex Funds review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $2,000,000
Profit split: up to 85%
Cost: from $49
Platforms: MetaTrader4, and MetaTrader5
What Is A Prop Firm
A Prop Firm, a short form of Proprietary Firm, is a company that engages in the activity of prop trading.
Prop firms use their own money to trade or invest, rather than their client’s money.
The advantage?
They keep all the profits for themselves and don’t have to share them.
These firms allow traders to access their capital and use it to trade. The profits are shared between the firm and the trader.
This is a good solution for a lot of retail traders to gain access to a trading account with enough size to trade and get decent returns.
When you trade for a prop firm you may also have access to sophisticated software and analysis tools.
The firm wins when you win, so they have their interests aligned with you. For this reason, they also frequently give you mentorship, support, and access to education provided by experienced traders.
Prop Firm Challenge – How To Pass
To get qualified to trade for a proprietary firm you need to pass their challenges first. A few prop firms fund traders without challenges (which you can find in the list below), but the majority will require you to pass the challenge.
These challenges have one or two phases and are made to prove that you are qualified to trade the firm’s own money.
To pass the prop firm challenges, you need to have trading skills like a trading strategy that you can trade with consistency and good risk management.
The challenges are often very similar from firm to firm. You basically have to achieve a certain amount of profit, within a defined period, and without exceeding a maximum loss.
Usually, an initial fee is required to enroll in the prop firm challenge, and you do the challenge using a demo account.
Once you pass the challenge phase, you’ll get rewarded with a real trading account.
All profits that you make with this trading account will be shared between you and the proprietary firm. Typically the trader gets the bigger chunk of the profits, which can go up to 90%.
If you keep performing well, the prop firm may keep increasing your trading capital in steps.
Below in this article, there’s a list of the best prop firms, with links to detailed info about how to pass each prop firm challenge.
How Do Prop Firms Make Money
Proprietary firms make money when you make money.
When you trade using an account funded by them, your profits will be shared with the prop firm, although typically the trader gets the bigger piece.
Prop firms also won’t let you deviate from good trading and good risk management.
Why?
Because if you lose, you are also losing their own money, and of course, the company doesn’t want that.
There are a set of rules that you need to follow, especially when it comes to risk management. If you take a big risk or if you go into a big drawdown, your account may be closed and you’ll need to pass the prop firm challenges again. So, don’t ever forget to set your stop loss, and calculate and respect your maximum lot size.
This Is What You Learned Today
- Proprietary firms allow traders to access their capital to trade and share the revenue.
- To be able to access a proprietary firm account you need to pass a challenge with one or two phases.
- Prop firms make money when you make money, so you have a list of rules to follow especially risk management.
- Proprietary firms let you trade almost anything: Futures, Forex, Stocks, Indices, Metals, Commodities, and even Crypto.
Learn More
- Compare any prop firm with our prop trading firms comparison tool.
- What is prop trading and how to become a prop trader
Now I want to hear from you.
Did I miss any prop firm on the list? Which one?
Let me know below in the comments.
