Futures Trading Made Easy: Join Leading Prop Trading Firms (2024)

Proprietary trading firms play a significant role in the financial markets, offering opportunities for traders to access capital and trade various instruments, including futures contracts. Futures trading involves speculating on the future price movements of commodities, currencies, indices, and more. For traders seeking to leverage their skills and access capital, joining a reputable proprietary trading firm can be a game-changer. In this article, we’ll explore some of the best prop firms for futures trading, highlighting their key features, benefits, and what sets them apart.

The Futures Prop Firms

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Account size up to:
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TopstepTrader

TopstepTrader is renowned for its innovative approach to funding traders. They offer a unique Trading Combine program, where traders can showcase their skills in simulated trading environments. Successful participants can qualify for funded trading accounts, enabling them to trade futures with firm capital. TopstepTrader provides access to multiple futures exchanges and offers competitive profit splits, allowing traders to keep a significant portion of their profits.

Futures Trading Made Easy: Join Leading Prop Trading Firms (5)

Amplify Trading

Amplify Trading is another leading prop firm known for its comprehensive training programs and advanced trading technology. They offer aspiring traders the opportunity to learn from industry professionals and develop their trading strategies. Amplify Trading provides access to a wide range of futures markets, including commodities, indices, and interest rates. Traders can benefit from low latency execution and robust risk management tools, ensuring a seamless trading experience.

Maverick Trading

Maverick Trading is a well-established proprietary trading firm with a strong focus on futures and options trading. They provide proprietary trading strategies and risk management protocols to help traders succeed in dynamic market environments. Maverick Trading offers competitive profit sharing arrangements and performance-based capital allocation, allowing traders to maximize their earning potential. With access to cutting-edge trading technology and personalized support, Maverick Trading stands out as a top choice for futures traders.

OneUp Trader

OneUp Trader offers aspiring traders the opportunity to trade futures and forex markets with firm capital. They provide a straightforward evaluation process, allowing traders to showcase their skills and qualify for funded trading accounts. OneUp Trader offers customizable risk parameters and flexible profit sharing arrangements, empowering traders to tailor their trading approach according to their preferences. With a user-friendly platform and responsive customer support, OneUp Trader caters to traders of all experience levels.

Fidelcrest

Fidelcrest is a global proprietary trading firm that provides funding to futures traders worldwide. They offer multiple account options tailored to meet the diverse needs of traders, including individual, team, and corporate accounts. Fidelcrest emphasizes transparency and fairness, providing traders with clear guidelines and competitive profit splits. Traders can access a wide range of futures markets and benefit from institutional-grade trading infrastructure, enabling them to execute trades with precision and efficiency.

(FAQs) about Futures Trading with Proprietary Trading Firms

1. What is a proprietary trading firm?

  • A proprietary trading firm is a financial institution that trades on its own account rather than on behalf of clients. These firms often provide trading capital to traders and offer access to various financial markets, including futures.

2. How do proprietary trading firms differ from traditional brokerage firms?

  • Proprietary trading firms typically provide traders with access to firm capital, allowing them to trade larger positions than they could with their own capital. Additionally, proprietary trading firms often offer advanced trading technology, training programs, and risk management support.

3. What are futures contracts?

  • Futures contracts are standardized agreements to buy or sell a specified asset at a predetermined price on a future date. These assets can include commodities, currencies, indices, and more. Futures contracts are traded on regulated exchanges and serve as important hedging and speculation tools for market participants.

4. How do I join a proprietary trading firm for futures trading?

  • To join a proprietary trading firm, you typically need to apply and undergo an evaluation process. This process may involve demonstrating your trading skills through simulated trading or live trading challenges. If successful, you may qualify for a funded trading account with the firm.

5. What are the benefits of trading futures with a proprietary trading firm?

  • Trading futures with a proprietary trading firm offers several advantages, including access to firm capital, advanced trading technology, professional support, and potentially higher profit potential. Additionally, proprietary trading firms often provide training and education resources to help traders improve their skills.

6. How do profit-sharing arrangements work with proprietary trading firms?

  • Profit-sharing arrangements vary between proprietary trading firms but typically involve traders keeping a percentage of the profits they generate while trading firm capital. The specific profit split can depend on factors such as trading performance, risk management, and account size.

7. Are there any risks associated with trading futures with proprietary trading firms?

  • Like any form of trading, futures trading with proprietary trading firms carries inherent risks. These include market risk, leverage risk, and the potential for losses. It’s important for traders to understand these risks and implement appropriate risk management strategies.

8. Can I trade multiple futures markets with a proprietary trading firm?

  • Yes, many proprietary trading firms offer access to a wide range of futures markets, including commodities, currencies, indices, and interest rates. Traders may have the flexibility to trade multiple markets based on their trading strategies and preferences.

9. Are proprietary trading firms suitable for beginner traders?

  • Proprietary trading firms can be suitable for beginner traders, as they often provide training programs, mentorship, and access to capital. However, beginner traders should be prepared to undergo a learning curve and develop their trading skills before trading with firm capital.

10. How can I choose the right proprietary trading firm for futures trading?

  • When choosing a proprietary trading firm for futures trading, consider factors such as reputation, training and support offerings, profit-sharing arrangements, trading technology, and risk management policies. It’s also beneficial to research and compare multiple firms to find the best fit for your trading goals and preferences.

Conclusion

Choosing the right proprietary trading firm is crucial for futures traders looking to leverage their skills and access capital. The firms mentioned above stand out for their comprehensive training programs, advanced trading technology, and competitive profit-sharing arrangements. Whether you’re a novice trader or an experienced professional, these prop firms offer the resources and support you need to succeed in the fast-paced world of futures trading. By partnering with a reputable prop firm, you can unlock new opportunities and take your trading career to the next level.

Futures Trading Made Easy: Join Leading Prop Trading Firms (2024)

FAQs

Which prop firm allows futures trading? ›

Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

What is the most legit prop firm? ›

Best Prop Trading Firms 2024 - Reviewed by Experts
  • Topstep.
  • The 5%ers.
  • Earn2Trade.
  • SurgeTrader.
  • FTMO.
  • E8.
  • City Traders Imperium.
  • Fidelcrest.
Feb 2, 2024

Does FTMO allow futures trading? ›

For example, FTMO clients can access CFD contracts on stock indices, crypto or futures with zero commission. However, the truth is that trading Futures is still much more difficult financially because of paying for the data feed and platforms.

What is the best instant funded prop firm? ›

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

Why is FTMO banned in the US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

What are the most reliable futures prop firms? ›

The top futures prop firms are TopStepTrader, Jane Street, FTMO, 3Red Partners and The Trading Pit. Jane Street and 3Red Partners are very secretive about their fees and profit splits but they do offer some of the best technology and high-frequency trading.

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

Which prop firm has the lowest fees? ›

Top Best Cheapest Prop Trading Firms
  • 1) Funded Trading Plus.
  • 2) FTMO.
  • 3) TopStepTrader.
  • 4) Fidelcrest.
  • 5) LuxTradingFirm.
  • 6) OneUp Trader.
  • 7) FTUK.
  • 1) Funded Trading Plus.
Apr 4, 2024

Are there any legitimate prop firms? ›

Yes, besides Ultimate Trader, there are several legitimate forex prop trading firms, and True Forex Funds is among them. Joining a reputable prop trading firm typically involves a straightforward process. For True Forex Funds, my favorite prop firm, the procedure is user friendly.

Can I trade futures without a broker? ›

To start trading futures, you will need to find a brokerage that offers access to these markets and then get approval.

Does Schwab allow futures trading? ›

Your home for futures trading. Whether you're beginning to explore futures or ready to dive in, discover the possibilities with futures and futures options trading provided by Charles Schwab Futures and Forex LLC.

Which prop firm has no minimum trading days? ›

If you want prop firms with no minimum trading days, Smart Prop Trader is the right choice.

How do I choose a prop firm? ›

Don't just pick the first prop trading firm you find. Choose one with a good reputation, support for traders, good tools, safety measures, fair costs, and a friendly community. This way, you can trade smarter and have a better chance at success.

What are the negatives of prop firms? ›

Foreign Exchange Specialist at FTMO.
  • Strict Risk Management Rules and Trading Guidelines: ...
  • Profit Sharing: ...
  • Profit Targets During the Evaluation Period: ...
  • Limited Control Over Capital and Payouts: ...
  • Lack of Regulatory Oversight: ...
  • High Leverage and Margin Requirements: ...
  • Financial Risk and Capital Exposure:
Feb 11, 2024

Which prop firm is better than FTMO? ›

FTMO 's top competitors in May 2024 are: FunderPro, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

Who is allowed to trade futures? ›

The first group of traders are commodity producers and processors, also referred to as "commercials"; they could include oil companies, grain millers, and precious metals miners. There are also "speculators," such as big banks, hedge funds, and individuals who trade for a living, along with retail traders.

What broker should I use to trade futures? ›

What is the best platform for trading futures? Interactive Brokers and tastytrade offer attractive pricing and powerful desktop platforms. Interactive Brokers is more geared toward professional investors and has much more news and research, while tastytrade is quick and convenient for individual traders.

What platform to use to trade futures? ›

TradeStation is our top choice for desktop futures traders because its robust platform offers excellent tools for charting, order entry, and position management, along with reasonable margin rates. Founded in Florida in 1982, TradeStation is designed for more advanced traders.

Which broker has futures trading? ›

Key features of the best futures trading platforms
BrokerFutures fee classFutures markets (#)
Interactive BrokersLow32
AMP FuturesLow10
tastytradeLow8
TradeStationLow11
4 more rows
Mar 28, 2024

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