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Prop Firms Like Traders With Edge – Alternatives

Top 3 Alternatives to Traders With Edge

Here are the top 3 proprietary firms like Traders With Edge

FTMO

Rating: 4.9

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

Rating: 4.9

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

Rating: 4.9

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

Other Interesting Traders With Edge Alternatives

Besides the prop firms mentioned above, these ones are also interesting alternatives to Traders With Edge. Check them out:

Prop Firm Type Profit Split Cost Max Balance Rating Review Visit
Futures up to 90% from $26/month $300,000

4.9

Read review
Forex up to 85% from $49 $2,000,000

4.9

Read review
Forex up to 90% from $130 $300,000

4.8

Read review
Forex, Futures up to 80% from €99/month $5,000,000

4.8

Read review
Futures 90% from $137/month $300,000

4.8

Read review
Forex up to 100% from $49 $2,000,000

4.8

Read review
Futures up to 80% from $89/month $200,000

4.8

Read review
Futures 90% from $145/month $100,000

4.8

Read review
Forex up to 75% from £199 $480,000

4.7

Read review
Forex up to 90% from $228 $1,000,000

4.7

Read review
Futures 90% from $125/month $250,000

4.7

Read review
Futures 80% from $150/month $400,000

4.7

Read review
Futures 90% from $115/month $250,000

4.7

Read review
Forex 80% from $149 $5,760,000

4.6

Read review
Forex up to 90% from $99 $4,000,000

4.6

Read review
Forex up to 90% from $129 $1,500,000

4.6

Read review
Forex up to 90% from €99 $2,000,000

4.6

Read review
Forex 80% from €89 $400,000

4.6

Read review
Futures 90% from $99/month $250,000

4.6

Read review
Forex 75% from £149 $10,000,000

4.5

Read review
Forex up to 90% from $99 $200,000

4.2

Forex up to 90% from $250 $1,000,000

4.2

Read review
Forex 50% from $99 $1,000,000

4.2

Read review
Stocks up to 80% from $97 $260,000

4.1

Read review
Futures 80% from $80/month $300,000

4.0

Read review

Alternatives To Any Other Prop Firm

If you want to know alternatives to any other prop firm, check our prop firm alternative tool and get all the best alternatives.

How Should I Choose A Prop Firm

If you are undecided between two or more prop trading firms to trade, you can use our prop firm comparison tool. Just choose the firms that you want to compare and immediately check the results with a detailed comparison.

Compare Any Prop Firm

How Were These Prop Trading Firms Chosen And Rated

The prop firms that appear here were rated based on different factors, which include:

  • Difficulty: How easy it is to pass the prop firm challenges or evaluations.
  • Futures platforms: The range of trading platforms available.
  • Customer support: How fast and reliable the prop firm’s customer support is in solving your problems and answering your questions.
  • Profit split: How much of the profits the prop firm shares with you.
  • Instruments: How vast the range of instruments available to trade is.
  • Cost: How much does a funded account cost to apply and maintain.
  • User Rating: How good the prop firm is rated by other users.

What Can You Trade On A Prop Firm

It depends on the type of prop firm that you are using to trade.

If you are using a Forex prop firm, the instruments available in the vast majority of the Forex proprietary trading firms are:

  • Forex: All major, minor, and even exotic pairs are there if you are a Forex trader.
  • Indices: Traded as CFDs, you have all the important indices available to trade including Dax, Nasdaq, Dow Jones, S&P500, FTSE, and others.
  • Commodities: Natural Gas, Crude, and Brent Oil.
  • Metals: Silver, Gold, and Palladium
  • Stocks: On some prop firms you may have stocks available although the list is not big.
  • Crypto: On some prop firms you have all the major cryptos available, like BTC, ETH, LTC, XRP, ADA, DOT, DOGE, and a few more.

If you are trading using a Futures prop firm, you can trade CME Futures Assets. That includes CME, CBOT, NYMEX, and COMEX.

The instruments available in the vast majority of the futures proprietary trading firms are:

  • Equity Futures
  • Foreign Exchange Futures
  • Agricultural Futures
  • Energy Futures
  • Interest Rate Futures
  • Metals Futures
  • Crypto Futures

How Big Are The Funded Accounts

The maximum Forex prop firm’s funded accounts can go up to $10,000,000.

These balances are only achieved after scaling though, after you get your initial account balance and keep trading without breaching any rule from the prop firm.

These high balances can be misleading, it’s worth paying attention to the leverage provided by the prop firm. Some provide high balances but very small leverage, which makes their accounts equivalent, in terms of buying power, to smaller accounts from prop firms that provide higher leverage. Make sure that the Traders With Edge alternative that you choose has a similar or better leverage.

How Much Is The Profit Split

For instant funded accounts, the profit split is not big, usually around 50%.

For funded accounts after a challenge, the payout is between 80% and 90%. This means that the Forex proprietary firm only keeps 10% to 20% of the profits that you made.

Make sure that you select a Traders With Edge alternative that has a similar or better profit split.

Besides that, it’s also normal that the trader gets 100% of the first profits which is usually equivalent to the fee that you paid to pass the challenge.

What Trading Platforms Are Available?

Most of these prop firms give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms to run your EA:

  • MetaTrader 4
  • MetaTrader 5
  • cTrader

In the case of a futures prop firm, you can use Ninjatrader, Rithmic, Bookmap, Agena Trader, Motive Wave, Photon, Collective2, InsideEdge Trader, Optimus Flow, ScalpTool, Medved Trader, Quantower, Trade Navigator, Overcharts, Sierra Chart, Volfix, TigerTrade, MultiCharts, QScalp, QST, TSLAB, and more.

Are Prop Firms Legit?

Yes, prop trading firms are legit and exist as real companies. If you read the individual review for each alternative prop firm you’ll find more details about the company and how to contact them.

Learn More

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