25 Prop Trading Firm List Of 2023: The Ultimate List (2024)

In this list you will find all the best prop trading firm you can join to start your funded trading.

Best Funded Prop Firm	FTMO	Surge Trader	Fidel Crest	Top Step
Funding Amount	$50,000 – $300,000	$5,000 – $50,000	$10,000 – $50,000	$30,000 – $100,000
Profit Split	80% – 95%	75% – 95%	75% – 95%	75% – 95%
Leverage	1:100	1:100	1:100	1:100
Evaluation Period	2 phases	2 phases	2 phases	2 phases
News Trading	Allowed	Allowed	Allowed	Allowed
EA’s and Bots	Allowed	Allowed	Allowed	Allowed
Overnight and Weekend Holding	Allowed	Allowed	Allowed	Allowed
Withdrawal Frequency	Monthly	Monthly	Monthly	Monthly
Trustpilot Rating	4.6/5	4.7/5	4.5/5	4.6/5
	Get Funded	Get Funded	Get Funded	Get Funded

The 25 prop trading firm list:

1. FTMO
2. Apex Trader Funding
3. Funded trader program
4. SurgeTrader
5. Funded Trading Plus
6. City Trader Imperium
7. Lux Trading
8. Topstep
9. E8 Funding
10. Leeloo Trading
11. Oneup Trader
12. Blufx
13. The5ers
14. Kot4x
15. FTUK
16. Fidelcrest
17. Funded Next
18. True Forex Funds
19. Traders With Edge
20. The Prop Trading Firm
21. Blue Guardian Capital
22. Finotive Funding
23. Top Tier Trader
24. Scandinavian markets

FTMO

FTMO is a trading company that provides access to MetaTrader platforms and a variety of financial instruments, including forex, stocks, and bonds. It was founded in 2014 in Prague and has a reputation for providing excellent customer service, as well as performance coaching for its traders.

One of the main advantages of trading with FTMO is the opportunity to take part in a free trial, which allows traders to test out the platform and see if it’s right for them. Additionally, the company offers a refundable registration fee, which can be helpful for those who are unsure about committing to the platform.

FTMO also has a unique profit-sharing model, in which traders can earn up to 90% of their profits. However, it’s important to note that overnight and weekend trading is only available to those who are participating in the swing trader challenge.

One potential downside of FTMO is its cost, which can be higher than other trading platforms. In addition, the verification process for becoming a trader on the platform can be more challenging than others.

Overall, FTMO is best for traders who prioritize security and are looking for a platform with a wide range of financial instruments to trade. The maximum capital allowance on the platform is $400,000, and leverage is offered at a ratio of 1:100. Fees for trading on the platform start at £155.

Pros:

• Access to MetaTrader platforms
• Free trial available
• Refundable registration fee
• Profit split of up to 90%
• Performance coaching and excellent customer service
• Trading available in forex, stocks, and bonds
• Scaling plan with a 25% balance limit increase every four months

Cons:

• Overnight and weekend trading only available to those on the swing trader challenge
• High costs compared to other platforms
• Verification process may be more challenging than others

Apextraderfunding

Apex Trader Funding is a futures trading platform that offers a range of packages for traders. The cost of the packages ranges from $29 to $600.

One of the highlights of Apex Trader Funding is that it allows traders to trade during news events, and there is no daily drawdown limit.

The platform also has the best drawdown per dollar in futures and includes real-time data. There is no total cap on the maximum payout, and traders can receive two payouts per month.

In addition to these features, Apex Trader Funding also offers a simple funding test with nominal account values ranging from $25,000 to $300,000. As of now, the platform also now offers payment options for new PA accounts, including the choice to pay monthly or a one-time fee.

Pros:

• Range of packages available
• Currently offering a big discount with promo code XMAS50
• Allows trading during news events
• No daily drawdown limit
• Best drawdown per dollar in futures
• Real-time data included
• No total cap on maximum payout
• Two payouts per month
• Payment options available for new PA accounts

Cons:

• Only offers futures trading
• Multiple accounts limited to 20
• Funding process takes 7 days
• Pre-existing accounts do not qualify for payment options
• Information provided in the text may not be comprehensive

Fundedtradersprogram

The Funded Trader is a proprietary trading firm that offers a range of trading programs, including standard, rapid, and royal challenge accounts.

The platform allows traders to work with capital up to $1,500,000 and offers a profit split of up to 90%. It offers a variety of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies, and allows traders to trade during news events and on weekends.

The Funded Trader has received over 2,000 Trustpilot reviews with an excellent score of 4.9 out of 5.

In order to qualify for a funded account, traders must complete a two-phase evaluation process and meet certain profit targets and rules.

Payouts are based on a bi-weekly basis, and the profit split ranges from 80% to 90% depending on the profit made on the funded account.

Pros:

• Offers a range of trading programs, including standard, rapid, and royal challenge accounts.
• Allows traders to work with capital up to $1,500,000 and offers a profit split of up to 90%.
• Offers a variety of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies.
• Allows traders to trade during news events and on weekends.
• Received over 2,000 Trustpilot reviews with an excellent score of 4.9 out of 5.
• Offers a two-phase evaluation process to qualify for a funded account.
• Payouts based on a bi-weekly basis.
• Profit split ranges from 80% to 90% depending on the profit made on the funded account.

Cons:

• Customer support may be relatively slow

Surgetrader

The platform has an easy-to-use interface and provides quick processing of profits for active accounts. One of the main advantages of SurgeTrader is that traders are allowed to keep 75% of their profits, and there are no recurring fees for successful active accounts.

SurgeTrader is a proprietary trading firm founded in Florida in 2020. It offers a range of trading options, including oils, metals, crypto, forex, stocks, and indices, and allows traders to trade during news events and overnight.

However, it’s important to note that there is a non-refundable registration fee, and the audition process is reported to have strict standards.

SurgeTrader offers leverage of up to 10:1 for forex, metals, and indices, 5:1 for stocks, and 2:1 for crypto. The platform’s fees range from $250 to $6,500 depending on the package chosen.

It is worth noting that SurgeTrader is a relatively new company and may not yet have a track record to establish its reliability.

Pros:

• Traders are allowed to keep 75% of their profits.
• One-time audition process.
• Free trial available.
• Easy-to-use tools and interface.
• No minimum trading days required.
• News and overnight trading allowed.
• Quick processing of profits for active accounts.
• No recurring fees for successful active accounts.

Cons:

• Non-refundable registration fee.
• Strict standards in the audition process.
• Relatively new company with limited track record.
• Fees range from $250 to $6,500 depending on the package chosen.

Fundedtradingplus

Funded Trading Plus is a prop firm based in London, UK that offers a range of options for traders to get funded.

The company aims to provide traders with small amounts of capital the opportunity to prove their worth and generate income. It offers three different ways to get funded, and additional perks for a competitive, refundable price.

The firm claims that traders can get paid as few as 3 days after starting the evaluation process. It offers forex, crypto, commodities, and CFDs as trading options, and allows news and overnight trading.

Leverage is offered at 1:30, and the platform is available on MT4 and MT5 on Eightcap. There is no minimum or maximum time limit for evaluations, and fast account scaling is available.

Funded Trading Plus also claims to offer fast processing of profits and no recurring fees for successful active accounts. Discount codes are available for evaluations, and the company provides good value and multiple trader evaluations.

Pros:

• Traders keep 75% of profit.
• One-time audition process.
• Free trial available.
• Easy-to-use tools and interface.
• No minimal trading days required.
• News and overnight trading allowed.
• Quick processing of profits.
• No recurring fees for successful active accounts.

Cons:

• Non-refundable registration fee.
• High expectations in the audition process.

City Trader Imperium

City Traders Imperium offers a range of trading tools and training resources to help traders succeed. The standard profit split is 70%, though there is the potential for traders to earn a 100% profit split.

The firm allows news and weekend trading, as well as overnight holds.

One downside of City Traders Imperium is the long evaluation period, which may not be suitable for traders who want to get funded quickly.

Additionally, the firm may not be ideal for traders who focus on scalping as a trading strategy. There is also a non-refundable registration fee for joining the firm.

Overall, City Traders Imperium is a good choice for traders who are interested in trading gold and indices.

The firm offers leverage of 1:10 and has evaluation fees ranging from £109 to £640 for evaluation accounts, and £109 to £3,099 for funded and forex funded accounts.

Pros:

• Excellent training and trading tools
• Potential 100% profit split, though the standard is 70%
• News and weekend trading allowed
• Overnight holds allowed

Cons:

• Long evaluation period
• Not ideal for scalping
• Non-refundable registration fee

Luxtrading

Lux Trading is a proprietary trading firm based in London, founded in 2021.

They offer a range of trading options including commodities, crypto, forex, indices, and stocks.

The evaluation process consists of progressing through stages, starting at stage one and moving up once a 10% target is reached.

In addition to traditional trading, Lux Trading also emphasizes social trading with chat rooms and trading rooms for idea-sharing and feedback.

Pros:

• Access to multiple trading platforms.
• Live trading rooms and market updates.
• Free trial available.
• Only one stage of evaluation process.
• No time limit on targets.
• Weekend holding allowed.

Cons:

• Profit split of up to 65% (lower than some other firms).
• Maximum loss limit.

Topstep

Traders can trade forex, futures, commodities, indices and stocks.

The evaluation process is a bit more complicated, as traders must pass both a simulated and a funded account.

However, the trial period allows traders to keep their first $5,000 in profits.

TopStep has a referral programme that rewards traders for inviting friends to join.

The profit split is 80%, and there are no restrictions on overnight holding or weekend trading. It supports multiple platforms, including MT4 and NinjaTrader.

Pros:

• 14-day free trial, with a $150,00 starting balance.
• Keep your first $5,000 profits.
• Overnight holding and weekend trading allowed.
• Has an excellent referral programme.
• 80% profit split.
• Supports multiple trading platforms.

Cons:

• Non-refundable registration fee.
• Difficult and timely to calculate all costs and fees.
• Performance coach is an additional $395 per month fee.

E8 Funding

E8 Funding is a proprietary trading firm based in the USA, with offices in Dallas, Texas and Prague, Czech Republic.

The company offers three types of funded accounts: E8 Account, ELEV8 Account, and E8 Track Account.

Traders must pass a two-phase competency evaluation process to qualify for the ELEV8 and E8 Track accounts.

The E8 Account offers a range of pricing options, starting at $228 for a $25,000 account.

E8 Funding allows news trading and overnight and weekend holding, and offers a well-structured, fast, and responsive dashboard. Some potential drawbacks of E8 Funding include higher fees and limited support hours.

Pros:

• Free Trial Evaluation.
• Fast Account Processing.
• Automated Payout System.
• Max capital allocation on the E8 account from $250,000 to $600,000.
• Leverage of 1:100.
• Funded account balance up to $1,000,000.
• Up to 80% Profit Share.
• EA supported.
• No minimum trading days on regular account type.
• Allows news trading.
• Allows overnight and weekend holding.
• Well-structured, fast, and responsive dashboard.

Cons:

• Fees are quite high.
• Support not available 24/7.

Leeloo Trading

Leeloo Trading is a proprietary trading firm based in Europe that offers funding to traders.

The firm has been in operation for a long time and is known for its transparent rules and friendly trading environment.

Traders can choose from a range of account sizes and contract amounts, with the minimum account size starting at $25,000 and going up to $300,000.

The funding process can last from a minimum of 10 days to an unlimited period, and traders are required to follow certain rules in order to remain eligible for funding.

One of the notable features of Leeloo Trading is that it allows news trading and overnight positions, which are often restricted by other proprietary trading firms.

The firm also offers a range of trading tools and resources to help traders succeed, including a comprehensive training program and access to multiple trading platforms.

Overall, Leeloo Trading is a solid choice for traders looking for a reliable and transparent funding partner.

Pros:

• Transparent rules and funding process
• Friendly rules for traders, including allowance for news trading and overnight positions
• Multiple account options with varying contract sizes and profit targets
• Efficient and helpful customer service

Cons:

• Fees for resetting an account if rules are broken
• May not be suitable for beginners due to minimum 10-day funding period and required proficiency in trading

Oneup Trader

OneUp Trader is a funded account provider that offers traders access to capital without risk. The company aims to empower traders by fostering its core principles of independent thought and decision making.

OneUp Trader offers account sizes ranging from $25,000 to $250,000, with the option of a 50% or 80% profit split.

The company has a single service: its funded trading account, which requires traders to participate in a minimum of 15 trading days and adhere to specific rules and requirements.

OneUp Trader also offers a referral program, where traders can earn a percentage of the fees paid by traders they refer to the company.

Some potential drawbacks to using OneUp Trader include the fees for its funded trading account, which range from $95 to $350 per month, and the requirement for traders to have a minimum of $2,000 in their account to start trading.

Pros:

• Offers funded trading accounts with various account sizes and profit splits to choose.
• Provides detailed requirements and rules to follow to ensure traders are successful.
• Has a transparent and straightforward process for getting approved and funded.
• Offers a variety of resources and support for traders, including training materials and a support team.
• Has a strong track record of success, with many traders achieving profitability and getting funded.

Cons:

• Requires a relatively high level of commitment, with traders required to participate in a minimum of 15 trading days and meet certain profit targets and loss limits.
• Has a non-refundable application fee of $150.
• Some traders may find the monthly fees for the funded trading accounts to be on the higher side.
• Only allows trading in certain securities on its permitted trading list, which may not be suitable for traders looking to trade a wider range of assets.

Blufx

BluFX is a proprietary firm that offers funding to undercapitalized traders in the form of real accounts with a maximum capital allocation of $1,000,000.

Based in London, UK, BluFX partners with a tier-1 liquidity provider and offers direct market access as their broker.

The company offers two types of instant funding programs: subscription package and swap-free subscription package.

Both options have a profit split of 50% and require traders to adhere to a 10% maximum loss rule. BluFX’s subscription package instant funding program has a scaling plan for the PRO and Super PRO packages, allowing traders to potentially reach a capital allocation of $1,000,000 in four or six steps.

In addition to trading forex pairs and gold, BluFX also offers weekly payouts and allows overnight holding.

However, the company has low leverage at 3:1 and a small selection of trading instruments, as well as high monthly fees and a profit share of 50%.

Pros:

• BluFX is registered as a UK company in London.
• Offers funding for undercapitalized traders up to $1,000,000 with a 50% profit split.
• Provides real account sizes starting at $10,000, $25,000, $50,000, or $100,000.
• Partners with a tier-1 liquidity provider for direct market access.
• Offers two instant funding program types to choose from.
• Subscription package instant funding program accounts allow traders to start earning immediately by focusing on not surpassing the 10% maximum loss rule.
• Subscription package instant funding program accounts offer a scaling plan for the PRO and Super PRO package accounts.
• Once traders reach $1,000,000 in capital, they can become a fund manager with a salary of $35,000 per month.

Cons:

• Only offers a small number of trading instruments (forex pairs and Gold).
• Has low leverage of 3:1.
• Has high monthly fees for subscription package instant funding program accounts.
• Profit share is 50%.

The5ers

The 5%ers is a proprietary trading firm that aims to help forex traders achieve success through its various funding programs.

The company was founded in 2014 and is based in Israel. It offers three different funding packages for traders to choose from: Instant, Bootcamp, and Freestyle. Each package has its own profit sharing terms, with the Freestyle package offering the highest profit share of 100%.

One of the main benefits of The 5%ers is its extensive support and educational resources for traders. The company offers a range of resources to help traders improve their skills and increase their chances of success. This includes webinars, educational articles, and one-on-one coaching sessions.

The 5%ers also offers generous funding opportunities for traders, with a maximum allocation of up to $4m. This allows traders to trade with larger positions and potentially increase their profits.

One of the standout features of The 5%ers is its flexibility in terms of trading hours. Unlike some other firms that restrict overnight or weekend trading, The 5%ers allows traders to trade at any time.

Overall, The 5%ers is considered one of the best prop firm in the industry. It has received positive reviews from traders and has a strong reputation for its support and educational resources.

There are no notable disadvantages of The 5%ers, making it a good choice for forex traders looking for a reputable and supportive firm to work with.

Pros:

• Extensive support and educational resources.
• Funding up to $4m.
• Considered the best prop trading firm.
• Overnight and weekend trading allowed.

Cons:

• No disadvantages have been noted.

Kot4x

KOT4X is a forex broker that offers various account types, ECN/STP trading, and the MT4 platform.

It has low minimum deposits, decent commissions, and the popular MT4 platform. However, it lacks regulation and has subpar customer service, as well as confusing account withdrawal and deposit processes when it comes to bitcoin.

The broker offers four account types: PRO Pairs, VAR Pairs, Standard Pairs, and Mini Pairs. These account types mostly differ in their commission structure and spreads, with each being suitable for a different type of trader.

It is important to note that all of the accounts have swaps, which makes them unsuitable for sharia law, and there is no Islamic account option. Scalping and hedging are allowed, and demo accounts are available for new traders.

KOT4X offers a range of forex pairs, indices, stocks, crypto, and commodities, and allows for credit card deposits.

Pros:

• Offers 4 account types.
• Uses ECN/STP trading.
• Provides MT4 forex trading platform.
• Low minimum deposits.
• Decent commissions.
• Offers a range of instruments for trading, including forex, indices, stocks, crypto, and commodities.
• Allows for credit card deposits.

Cons:

• Variable spreads with no commission may be unattractive to some traders.
• Customer service may be subpar.
• Withdrawal and deposit process for bitcoin may be confusing.
• No Islamic account option.
• Spreads may be higher than some competitors.
• Limited educational resources compared to some other brokers.

• FTUK

FTUK is a proprietary trading firm based in the UK that offers its clients the opportunity to trade with up to £6,720,000 in balance.

The company offers two funding programs: an instant funding program and an evaluation program.

The evaluation program requires traders to pass a one-phase evaluation process and reach specific profit targets in order to scale their account balance.

Upon successful completion, traders are rewarded with 50-80% profit splits and a double up on their account balance.

FTUK offers three accounts with a £2,240,000 balance in size and uses Eightcap as its broker. The company has an excellent Trustpilot rating of 4.7 out of 5 and provides reliable support to its clients.

It allows for weekend and overnight positions and news trading, and has zero commission or swap fees. It also has fast payment procedures and a one-time fee.

However, it has low leverage options of 10:1 and 30:1 and a 1.5% max stop loss risk limit on low-risk account types.

Pros of FTUK:

• Instant funding.
• Single-phase evaluation process.
• Excellent Trustpilot rating of 4.7/5.
• Reliable support.
• Weekend and overnight positions allowed.
• News trading allowed.
• Zero commission or swap fees.
• Fast payment procedures.
• Profit share up to 80%.
• One-time fee.
• Manage up to $6,720,000 capital.

Cons of FTUK:

• Low leverage 10:1 & 30:1.
• 1.5% Max stop loss risk limit on low-risk account types.

• Fidelcrest

Fidelcrest is a trading firm that offers its clients the opportunity to be funded up to $1 million for trading.

They have a two-step evaluation process lasting 60 days, and upon successful completion, traders can choose between two trading programs: Micro Trader and Pro Trader.

Fidelcrest has several incentives and bonuses available, as well as a one-off entry fee for their accounts. They also offer account analysis and allow for news trading.

However, they have a minimum of 10 trading days and a low profit share before verification. In addition, they discourage long-term trading strategies.

Fidelcrest is best suited for those interested in trading cryptocurrency, and they offer leverage of 1:100. Fees for their accounts range from €649 to €1,599, depending on the account and funding.

Pros:

• Funding up to $1m.
• Profit splits of up to 90%.
• Multiple bonuses and incentives.
• One-off entry fee.
• Account analysis.
• News trading allowed.
• Best for: Crypto.

Cons:

• Minimum 10 trading days.
• Low-profit share before verification.
• Long-term trading strategies are discouraged.

Here is a table of leverages, fees and other features of Fidelcrest:

• Funded Next

FundedNext is a proprietary trading firm based in the United Arab Emirates that offers its clients two different funding program options: an express model and an evaluation model.

The express model is a one-step evaluation process with a profit target of 25% and a minimum of 10 trading days per month.

The evaluation model is a two-step process with a profit target of 10% and no maximum trading day requirements.

Both models have a 5% maximum daily loss rule and a 10% maximum loss rule. Traders can choose from four account sizes: $15,000, $25,000, $50,000, and $100,000.

Leverage is 1:100 and fees range from €649 to €1,599, depending on the account and funding.

FundedNext has an excellent Trustpilot rating of 4.7 out of 5 and provides a large variety of trading instruments, including forex pairs, commodities, and indices.

It allows for overnight and weekend holding and has a scaling account option. However, it has a consistency rule for express accounts and is a relatively new prop firm.

Pros:

• In development for 2.5 years before launch.
• Excellent Trustpilot rating of 4.7/5.
• Unlimited evaluation free retries.
• Maximum balance of $4,000,000.
• Profit split of 15% for evaluation stages.
• Up to 90% profit split.
• No restrictions on trading style.
• Overnight and weekend holding allowed.
• Scaling account option.
• Leverage 100:1.
• A large variety of trading instruments (forex pairs, commodities, indices).

Cons:

• Consistency rule for express accounts.
• Minimum trading days: 5.

• True Forex Funds

True Forex Funds is a proprietary trading firm that offers funded accounts to forex traders around the world.

The company offers account sizes ranging from $10,000 to $200,000, with the option to scale up to $400,000 for traders with consistently high returns.

True Forex Funds has a two-step evaluation process, requiring traders to reach a profit target of 8% within 30 trading days and then 4% within 60 trading days, without violating maximum drawdown rules. Upon successful completion, traders are refunded their initial fee and receive a funded account with an 80% profit split.

True Forex Funds allows for weekend holding and offers a variety of trading instruments, including forex pairs, commodities, and indices.

However, the company is fairly new in the industry and has limited reviews and platform choices. It also has strict rules and does not offer a scaling program.

Pros:

• Funding up to $400,000.
• Accounts starting at $10,000.
• Weekend holding allowed.
• 80% profit split.
• Bi-weekly profits.

Cons:

• No scaling program.
• Fairly new in the industry.
• Limited platforms.

• Traders With Edge

Traders With Edge is a prop trading firm that aims to provide traders with the tools and capital they need to succeed in the financial market.

It offers two challenge programs, the Turtle Account and the Hare Account, which consist of demo accounts with specific requirements that traders must meet in order to be promoted to funded trader status.

Once a trader becomes funded, they are able to keep 80% of the profits they make while trading with Traders With Edge.

The firm also has a community area where traders can share ideas and take courses, and makes money through fees for signing up for its challenge programs and by sharing a portion of the profits made by its funded traders.

Pros:

• Offers challenges to test potential traders before investing in them.
• Provides tools and education to help traders succeed.
• Community area for sharing ideas and learning from experts.
• Keeps 80% of profits earned as a funded trader.
• No significant loss rule keeps traders accountable.

Cons:

• Initial fee for signing up for challenges.
• Platform takes a portion of profits once traders reach phase 2.
• No scaling program offered.

• The Prop Trading Firm

The Prop Trading is a prop firm based in Australia that offers funding to forex traders around the world.

They offer trading accounts on the MT5 platform, with access to crypto and indices, and a profit share of up to 80%.

They have a 2-step verification and challenge process for getting funded, and offer refundable fees for those who pass the challenge.

The Prop Trading is known for offering a range of indices and cryptos to trade, as well as a free trial to test the trading conditions before purchasing a paid trial.

However, they have a limited number of platform options and a bad reputation for customer service.

They also have a slow scaling program and do not offer any educational content. It is important to do your research and consider all options before deciding to get funded by The Prop Trading.

Pros:

• Funding of up to $200,000.
• 80% profit share.
• Trading available on MT5 platform, with access to Crypto and Indices.
• Refundable fees for traders who pass the challenge stage.
• Retries available for traders who get close to passing the challenge stage.
• 1:200 leverage.
• Monthly withdrawals available.
• Offers free trial to test trading conditions before purchasing a paid trial.

Cons:

• Limited platform options.
• Slow scaling program.
• No educational content.

• Blue Guardian Capital

Blue Guardian Capital is a proprietary trading firm that aims to help experienced traders maximize their potential by providing them with funded accounts.

They offer a range of evaluation program accounts with a two-phase evaluation period, designed to identify disciplined and skilled traders.

Upon completion of both phases, traders are rewarded with a funded account where they can keep 85% of profits made.

In addition, the firm offers a scaling plan for evaluation program accounts, allowing traders to increase their account balance by reaching profit targets of 12% or more within a four-month period.

Blue Guardian Capital also has a reputation for excellent customer service, with a Trustpilot rating of 4.5/5.

However, the firm does have a few drawbacks, including a requirement of a minimum of 5 trading days and no free trial option.

They also have a risk desk team to manage risk and ensure compliance with maximum daily loss and maximum loss rules.

Overall, Blue Guardian Capital appears to be a reputable and promising choice for traders looking to secure funding and increase their profits.

Pros:

• Maximum balance of standard account up to $600,000.
• 85% profit split.
• Leverage up to 100:1.
• Unlimited evaluation free retries.
• Excellent Trustpilot rating of 4.5/5.
• Scaling plan with balance up to $1,800,000.
• Low evaluation profit targets of 6% for each phase.
• Overnight and weekend holding allowed.
• News trading allowed.
• Well-structured user dashboard.
• A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies).

Cons:

• 5 Minimum trading days requirement.
• No free trial.

• Finotive Funding

Finotive Funding is a proprietary trading firm that offers funded accounts to retail traders in order to help them achieve higher monthly returns.

The firm was founded by Oliver Newland in April 2021, and it offers traders the chance to work with up to $11,410,000 in balance, with profit splits ranging from 75% to 95%.

Finotive Funding has offices in Budapest, Hungary, and it plans to fully regulate its own brokerage, Finotive Markets, by the end of 2022. The firm offers two funding programs: an evaluation program and an instant funding program.

The evaluation program consists of two phases, during which traders must reach certain profit targets while adhering to certain risk management rules.

If they are successful, they can be awarded a funded account with no profit targets, but with rules in place for maximum daily and maximum total losses.

The instant funding program, on the other hand, allows traders to receive funding immediately, in exchange for a fee, and it has two options: a standard option and an aggressive option.

Finotive Funding allows traders to trade a variety of instruments, including forex pairs, commodities, indices, and cryptocurrencies, and it has a high leverage of up to 400:1.

The firm has received an excellent Trustpilot rating of 4.3/5, but it should be noted that it is a relatively new prop firm and it does not offer a free trial.

Pros:

• Funded account negative balance free redeposit.
• Excellent Trustpilot rating of 4.3/5.
• Unlimited evaluation free retries.
• Profit split up to 95%.
• Overnight and weekend holding allowed.
• News trading allowed.
• EA’s and bots allowed.
• Scaling account option up to $3,200,000.
• Leverage up to 400:1.
• A large variety of trading instruments (forex pairs, commodities, indices, cryptocurrencies).

Cons:

• No free trial.

• Top Tier Trader

Top Tier Trader is a forex prop firm that offers funded accounts ranging from $25,000 to $200,000.

They have a two-stage challenge system to test the ability of traders, which includes a 10% profit target in 30 days and a 5% profit target in 60 days.

If successful, traders can take advantage of a capital scaling plan every 3 months and bi-weekly payouts. The company also allows weekend holding and offers a partnership with Vital Markets.

However, they do not offer a free trial and the challenge fee is not refundable if you fail.

Top Tier Trader has received positive reviews and has a YouTube channel showcasing traders who have been funded. They accept bank transfer and credit/debit card for payment and offer customer support through email, phone, and live chat.

Pros:

• Funding available up to $200,000.
• 1:100 leverage.
• Weekend holding allowed.
• Good reviews.
• Bi-weekly withdrawals.

Cons:

• No free trial available.

• Scandinavian Carpital Markets

Scandinavian Capital Markets is a Swedish forex broker founded in 2011. It is regulated by the Swedish Financial Supervisory Authority and fully compliant with European ESMA regulation and MiFID directive.

The broker offers access to over 50 currency pairs through its platforms, including Currenex, cTrader, and MT4. Minimum deposit is $10,000 and the EUR/USD spread is 1.7 pips.

Scandinavian Capital Markets offers three account types: Standard, Raw, and Custom, with the option to open a demo account for practice.

The broker also provides daily news and regular webinars for education and customer support is available 24/5. Overall, Scandinavian Capital Markets is considered a safe and reliable broker with low risks.

Pros:

• Regulated by the Swedish Financial Supervisory Authority.
• Offers access to forex exchange and over 50 currency pairs.
• Provides a range of prime account packages based on trading size.
• Offers a daily news service and regular webinars.
• Provides 24/5 customer support.

Cons:

• Limited range of instruments.
• Average spreads.
• Minimum deposit of 10,000 US dollars may be too high for some traders.
• Leverage may be limited for retail traders (maximum of 1:30 for major currency pairs).