Best top 7 Forex Prop Firms to explore

 


Proprietary trading refers to the practice of firms or institutes investing their own capital into various financial instruments, such as stocks, bonds, and commodities. This type of trading carries a high level of risk, but also presents potential for significant profits. Choosing a suitable proprietary trading firm can be challenging, especially for beginners seeking to maximize their investments. To assist you in this process, we have compiled a list of top proprietary trading providers. This resource will simplify your search and aid in making an informed decision.

Following is a handpicked list of Top Proprietary trading firms with their popular features and website links.


1) Funded Trading Plus

Best Overall Prop Firm & Most Trusted

Funded Trading Plus is a globally renowned funded trading firm headquartered in London, England. Offers Discord Bot for quick support and profitable trading discussions. The founders have been real traders since 2013 havepartnered with EightCap.

They operate very differently to other Top Prop Firms – Which is what makes this company a great choice for traders.

#1 Top Pick
Funded Trading Plus
Funded Trading Plus
  • Location: London, United Kingdom
  • What they do: Offers one-stage funding, instant funding, and a classic two-stage funded account.
  • Initial Balance: $12,500
  • Refundable Registration Fee: Yes
  • Profit-sharing: Up to 90%
  • Leverage: 1:30
Visit Funded Trading Plus

Features:

  • All trading styles allowed – EA’s & Algo’s included
  • The only achievable scaling plan in the industry can double the account size every 10% profit, without delay
  • No Time Limits: Funded Trading Plus pioneered no time limits. They have never imposed any time restrictions on traders
  • 1:30 Leverage, Higher leverage = More failure
  • No delays on payouts
  • Up to a 90% payout split
  • Very few ‘hard’ rules
  • 24/7 customer support, real people on the end of queries.
  • Active Discord community – over 20k active users
  • Highest TrustPilot Rating of any firm, one of the most trusted in the industry
  • Offers a variety of funding options for all types of traders
  • Founding Year: 2013
  • Refundable Registration Fee: Yes
  • Initial Balance: $12,500

Pros

  • Best Scaling Plan in the Industry
  • No Time Limits
  • Weekly Payouts, From Day 0
  • Leverage Aligned With EU Regulatory Standards

Cons

  • Daily Drawdown can only be removed at 10%
  • Accounts start at $12,500
  • Relative drawdown becomes static at 6%.

2) TopStepTrader

Best for Forex & Futures traders

TopStepTrader is a financial technology firm for day traders to operate in real-time simulated accounts and assess their profit/loss performance. It was founded in 2012 and is now one of the best prop trading firms with no capital contribution. Traders passing the firm’s evaluation get a trading account to operate in the forex market using the firm’s Capital.

#2
TopStepTrader
TopStepTrader
  • Location: Chicago
  • What they do: Provide prospective day traders with a simulated account.
  • Initial Balance: 200k buying power for $125 monthly.
  • Refundable Registration Fee: No
  • Profit-sharing: Up to 50%
  • Leverage: Up to 1:100
  • Profit Target: $3,000
Visit TopStepTrader

Features:

  • Buying power of up to $500,000.
  • Small monthly fee.
  • Excellent reputation.
  • Simple rules.
  • News event trading, holding position
  • It offers 14 days risk-free trial
  • You have to maintain a profit target of $3,000
  • The maximum loss allow is $1,000

Pros

  • Choose 1:1 coaching, group coaching, or both!
  • Personalized stats and tips are provided to improve performance.
  • It helps you to understand your performance and helps you to grow.
  • You can connect with expert traders via call, chat, WhatsApp, or email.
  • Traders who pass the evaluation get a trading account to operate in the Forex market using the firm’s Capital.

Cons

  • The company doesn’t provide bonuses, automated Trading, or other passive income options.
  • Their support service works only on weekdays during set hours.
  • Rules might seem too complex.

Visit TopStepTrader

Profit-sharing Up to 50%


3) Fidelcrest

Best for crypto experts

Fidelcrest is a globally operating prop trading firm with headquarters in Nicosia, Cyprus. It is one of the best prop firms for forex trading. It gives skilled traders the ability to meet specific requirements after accessing accounts with real funds, thus making a difference in their living.

#3
Fidelcrest
Fidelcrest
  • Location: Nicosia, Cyprus
  • What they do: This prop trading firm offers a wide range of account size options designed to suit all types of traders with various levels of expertise and needs.
  • Initial Balance: $50,000
  • Refundable Registration Fee: Yes
  • Profit-sharing: Up to 90%
Visit Fidelcrest

Features:

  • 40% of Phase 2 Profit payed instantly as passed
  • 5% profit target on MicroFX accounts
  • Allows Trading funded accounts up to $1,000,000
  • Up to 90% profit split.
  • Offers low funding options for newer traders.
  • 1:100 Leverage.
  • News trading allowed.
  • Allows you to hold positions overnight and on weekends (Aggressive account only).
  • Instant and automatic account opening
  • Founded: 2018
  • What they do: This prop trading firm offers a wide range of account size options designed to suit all types of traders with various levels of expertise and needs.
  • Time Pressure: Minimum 10 active days per period
  • Swap-Free Accounts: Yes
  • Pros

    • You can use Normal and Aggressive trading strategies
    • Maximum leverage with all accounts is 1:100.
    • You can have a profit of at least 5% to 20% of the initial account balance

    Cons

    • Only allows holding trades over the weekend for Aggressive Models
    • You will have a 10% profit target on ProFX Accounts

    Visit Fidelcrest >>

    Profit-sharing Up to 90%


    4) FTMO

    The most secure platform

    FTMO is one of the best prop firms founded in 2014 for forex trading. This prop trading firm occupies a specific market niche, combining a classic broker, a school, and a competitive platform for traders and their professional associations. It provides two-step verification and a two-step evaluation process, including the FTMO challenge and verification.

    #4
    FTMO
    FTMO
    • Location: Czech Republic
    • What they do: FTMO prop trading firm offers a variety of trading instruments, including forex.
    • Initial Balance: 25k balance for $250, 50k balance for $345
    • Refundable Registration Fee: Yes
    • Profit-sharing: Up to 90%
    • Leverage: 1:100
    • Profit Target: $1,000
    Visit FTMO

    Features:

    • Provides accounts worth $200,000.
    • Offers profit-sharing up to 90%.
    • 2 step evaluation.
    • Free re-test (if only balance is positive).
    • It can use EAs, hedging, or trade discretionary.
    • News event trading and holding positions overnight.
    • It offers Swap-Free Accounts
    • Time Pressure: Normal, aggressive, swing
    • You can have a maximum Loss of $500
    • Trading Period: 44 Days

    Pros

    • In the FTMO challenge or verification, you don’t need to close your positions.
    • You can trade your trading strategy with no limits or restrictions
    • It allows news event trading and holding positions overnight.
    • Offers a wide range of choices of assets across the board, with very low commissions.
    • You can choose your profit split day other than the default.

    Cons

    • You must pass the FTMO challenge within 10 trading days. This could be not easy.
    • You will only have the demo account even after passing the FTMO challenge.

    Visit FTMO >>

    Profit-sharing Up to 90%


    5) LuxTradingFirm

    LuxTradingFirm is a leading proprietary trading firm based in London (UK) and Bratislava (SK), specializing in supporting experienced prop traders. This proprietary trading firm helps traders excel and provide the tools and Capital. It allows you to trade with real money instead of demo games. It provides you with three trading platforms: TraderEvolution, TradingView, and MetaTrader4.

    #5
    LuxTradingFirm
    LuxTradingFirm
    • Location: London EC1V 2NX, United Kingdom
    • What they do: Commodities, Crypto, Forex, Indices, Stocks.
    • Initial Balance: Funding up to $150,000 and an aggressive scaling program up to $2,500,000.
    • Profit-sharing: Up to 65%
    • Leverage: 1:30
    • Profit Target: 6%
    Visit LuxTradingFirm

    Features:

    • Trade on your terms with simple, actionable trading plans
    • Take advantage of our Plug & Play MT4 Indicator to back your decisions.
    • You can learn from traders with over 50+ years of combined experience.
    • You will get daily market updates and commentary via live streams.
    • Share your trade ideas and get specific feedback.
    • Access to vibrant trading chat room.
    • It has a profit target of only 6%
    • You can afford maximum loss of $400,000.
    • You will get 7-Day Free Trial
    • Pricing: Plan starting at £149 per month.

    Pros

    • The Elite traders get a dashboard integrated with daily streams and a live trading room.
    • They provide a verified track record from KPMG, so you can also trade for big banks, family offices, etc.
    • There are no time limits in any of the stages.
    • This firm works with the most reputed liquidity providers like Goldman Sachs, Barclays, etc.
    • You have to pay just once as there are no monthly fees.

    Cons

    • Expensive fee for the traders who do not pass their evaluation
    • The profit splits are slightly low.

    Visit LuxTradingFirm

    Profit-sharing Up to 65%


    6) The Funded Trader

    Best Funded Trader Program with straightforward trading rules

    The Funded Trader is an online prop firm founded in 2021 committed to providing funding solutions to undercapitalized traders worldwide. They provide clients with the ability to prove themselves in a risk-free environment.

    This prop trading firm offers two funding program options to its traders. 1) Standard Challenge – Standard Challenge Accounts aims to identify skilled traders. 2) Rapid Challenge – aims to identify serious traders and reward them for their consistency in a two-phase evaluation period.

    #6
    The Funded Trader
    The Funded Trader
    • Location: Fort Lauderdale, Florida, USA.
    • What they do: They allow traders to trade in forex, commodities, indices, and crypto.
    • Initial Balance: $600,000
    • Refundable Registration Fee: Yes
    • Profit-sharing: 80% | 90% with Scaling
    • Leverage: 200:1
    Visit The Funded Trader

    Features:

    • This firm is designed with every trading platform in mind.
    • Provides offers features like profit split, high Leverage, and multiple funding options.
    • It has very relaxed trading rules.
    • You can hold your trade on weekends.
    • Offers up to $1.5M in Funded Capital
    • Time period for evaluation is 35 days & 60 days.
    • It has profit-sharing: 80% / 90% with Scaling.
    • It offers a starting price of $549.
    • It allows you to conduct news-based Trading.
    • It offers maximum Capital of up to $1,500,000

    Visit Funded Trader

    Profit-sharing 80% | 90% with Scaling


    7) OneUp Trader

    Best overall

    OneUp Trader is an exclusive platform that offers users trading insights and tools. This Forex trading prop firm comes with No data fees or hidden fees. Once you clear 1-Step Evaluation, you can get up to 90% profit and receive real money.

    #7
    OneUp Trader
    OneUp Trader
    • Location: Delaware
    • What they do: Offers 1-Step Evaluation with clear and attainable targets
    • Initial Balance: $25,000 upto $250,000
    • Refundable Registration Fee: No
    • Profit-sharing: 90%
    Visit OneUp Trader

    Features:

    • 1-Step Evaluation with clear and attainable targets
    • You will get the free trial option.
    • Flawless and reliable 24/7 Customer Service via Phone, Live Chat and Email.
    • No recurrent charges, membership fees, or hidden fees.
    • There is minimum of 15 total trading days to be eligible for placement with our funding partners.
    • You can withdraw your profits with few simple clicks.

    Pros

    • No data fees or hidden fees
    • 24/7 Customer Support (Phone, Live Chat, Email)
    • FREE and unlimited profit withdrawals from day 1
    • Cons

      • The firm requires traders to put a stop-loss on each trade.
      • During OneUp Trader audition, in the event of a hard breach account access will be revoked.
      • No daily Drawdown. 

      •      Visit OneUp Trader >>

      Profit-sharing 90%



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