Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (2024)

Proprietary trading firms, also known as prop firms, are financial entities that provide funding to skilled traders. These include experienced and professional traders who wish to participate in financial markets. The firms extend support to traders who have valuable trading skills and experience but may lack the necessary capital.

Profit Splits in Prop Firms

In return for the provided funding, the prop firms receive a share of the traders’ profits. This arrangement is commonly referred to as profit splits. High payout percentages are a key characteristic of top forex prop firms.

Choosing a Prop Firm: Important Factors

When choosing a prop firm, traders should consider several important factors:

  • Track Record: Check reviews and ratings on platforms like TrustPilot to gain insights into the firm’s reputation and performance.
  • Withdrawal Policies: Understand how and when you can access your profits.
  • Customer Support: The level of customer support can impact your trading experience significantly. Check whether they offer live chat, email, or phone support.
  • Fees: Ascertain the firm’s fee structure. This could include monthly or one-time fees that traders pay for the capital and resources provided.

Revenue Sources for Prop Firms

Prop trading companies usually derive their revenue from two main sources:

  • Commissions: This is the share of the profits that the prop firm takes. Ideally, the best firms offer a commission range between 10-25%.
  • Fees: These can be monthly or one-time fees. Monthly fees can vary, typically ranging from $50 up to $150 or more.

Trading Styles and Strategies

Prop firms cater to a variety of trading styles and strategies, ranging from short-term day trading to long-term swing trading. They cater to both retail traders and professional traders.

Evaluation Stages in Prop Firms

Before receiving funding, traders usually need to go through evaluation stages. This often involves a two-step evaluation process. First, traders demonstrate their skills using a demo account. Then, they move on to trade with real money. Prop firms set Profit Targets and may require a minimum number of trading days. Successful traders can then enjoy instant funding benefits.

10 Highest Paying Prop Trading Firms

Now that you know more about prop firms and their fees, let’s take a look at seven of the highest paying prop trading firms so you can keep as much of your profits as possible.

TopStepTrader

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (1)

Profit Split: 90/10 (100% for first $5k)

Monthly Subscription Fee: $116-$122 per month

TopStepTrader is our first prop trading firm that features a high payout rate. This is a fast-growing prop firm, and many traders are clearly succeeding with TopStep, as more than $2 million of profits were withdrawn in 2020.

While not all prop firms have great track records, TopStepTrader boasts a 4.5/5 rating on Trustpilot (1,500+ reviews), so you can rest assured this is a trustworthy prop firm to work with.

Just remember that to get started with prop firms like TopStep, you’ll need to prove your ability to earn consistent profits. So, depending on your ability level, you may need to educate yourself and learn effective trading strategies first.

Click here to check out TopStepTrader for yourself and start a 14-day free trial. Save 20% via our exclusive link!

Learn More

SurgeTrader

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (2)

Profit Split: 75/25 or 90/10

Audition Fee: $250-$6,500

SurgeTrader is next up, and this prop trading firm has straightforward rules and a streamlined process for funded trading. Compared to some of its competitors, which require more complicated onboarding, SurgeTrader offers a one-step process. Plus, it allows for nearly any type of trading activity, including forex, commodities, and more.

The SurgeTrader platform provides a profit split of 75% that can be increased up to 90% with an add-on purchase. The audition fee ranges from $250 ($20,000 account) all the way up to $6,500 ($1 million account).

With SurgeTrader there are also no minimum trading days requirement, which is helpful for traders who can’t commit to trading each and every day. SurgeTrader generally keeps things simple, with a 4% daily loss limit, 5% maximum drawdown, and 10% profit target, no matter your account level. This makes it easy to grow to larger accounts without adjusting your math.

To explore SurgeTrader for yourself, click here so you can see if it might be right for you. To explore SurgeTrader for yourself. Use coupon code modestmoney for 10% off!

Learn More

FTMO

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (3)

Profit Split: 80/20 or 90/10

FTMO Challenge Fee: 155 EUR to 1,080 EUR (refundable fee)

Next up is FTMO, a well-known prop firm that provides funded trading accounts to eligible traders.

There’s a one-time refundable fee to partake in the FTMO challenge. Upon successful completion and account verification, this fee will be refunded to you. When it comes to splits, FTMO’s default is 80/20, though it does go up to 90/10 for traders who meet the condition of their Scaling Plan.

The process to gain eligibility with FTMO involves two parts. To get your funded account, you must first pass the FTMO Challenge. It works by asking you to prove your trading abilities with a simulated account. You then move onto a live account in order to pass the Verification phase.

FTMO sports an excellent track record, with repeated awards for Deloitte’s Technology Fast 50. If you want to explore FTMO’s offerings and take advantage of a free trial, click here.

Learn More

OneUp Trader

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (4)

Profit Split: Up to 90/10 (100% for first $10k)

Monthly Subscription Fee: $125-$650

OneUp Trader is a fast-growing provider of funded accounts, with accounts ranging from $25,000 to $250,000.

The monthly subscription fee ranges from $125 to $650, and the profit split goes as high as 90/10 depending on the account choice traders make during evaluation. For the 90/10 split, traders will keep 100% for the first $10k. OneUp Trader also has no data fees, which some of its competitors have.

Traders can get going quickly with OneUp’s simple one-step onboarding process. This allows you to get started quickly. Once you start trading, you must trade for fifteen days or more to meet your profit target. After that, you’ll be placed with one of their funding partners.

While many prop firms don’t have a strong track record, that’s not the case with OneUp Trader. Currently holding a 4.7/5 score on TrustPilot, OneUp Trader is a service you can count on.

To check out OneUp Trader for yourself, simply click here so you can learn more and start your free trial. Use coupon code 6L3NAPO to get 20% off!

Learn More

FundedNext

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (5)

Profit Split: Up to 90%

Evaluation Fee: $99-$999

FundedNext, established in 2022 by Abdullah Jayed, has quickly risen to prominence in the prop trading scene, having already backed over 17,000 traders with funded accounts. The firm has also boasted an impressive track record, having paid over $22,000,000 to its traders with an average payout time of only five hours.

FundedNext offers a wide range of tradable assets, including forex, indices, and commodities. Currently, the platform only supports MetaTrader 4, but they have plans to add more trading platforms in the future. It offers two types of evaluation models, both with unique rules and profit targets. The standard model offers a two-step evaluation process, while the Express Model offers a one-step evaluation with a higher profit target. The profit split starts at 60-80%, depending on the account type, and can go up to 90% for successful traders.

One of the unique features of FundedNext is that it allows traders to keep 15% of their profits even during the evaluation phase. The firm offers various account sizes with varying buying power, ranging from $15K to $200K, though the $200K balance is not available for Non-Consistency Accounts. FundedNext also offers an active Discord community with 24,000 members, a dedicated 24/7 account manager, and a mobile app for real-time trading updates.

The Evaluation and Consistency Express Account fees range from $99 to $999, while the Non-Consistency Express Account fees range from $199 to $699. These fees are fully refundable after passing the evaluation process.

Click here to check out FundedNext today. Use coupon code modestmoney for 5% off!

Learn More

AudaCity Capital

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (6)

Profit Split: 75/25 or 50/50

Fee: $129 (refundable) or $299 (joining fee) + $99 (monthly fee)
AudaCity Capital, a popular forex prop firm, offers two unique pathways to secure a funded trading account: The Ability Challenge and the Funded Trader Program. Each of these options provides traders with the flexibility to choose the route best suited to their trading style and confidence level.

The Ability Challenge is perfect for those who want to showcase their trading skills. After a refundable fee of $129, traders embark on a two-phase journey consisting of a Challenge and Verification period. Once these are successfully completed, the trader is awarded a live account, where they enjoy a 75/25 profit split.

The Funded Trader Program, on the other hand, is designed for experienced traders ready to dive into live trading immediately. This program offers a 50/50 profit split and requires a $299 joining fee along with a $99 monthly fee. What sets this program apart is the fast scaling feature, allowing traders to double their account at every 10% profit made.

AudaCity Capital stands out for its integration with MetaTrader 4, offering quick trades and tight spreads, essential for forex traders. Additionally, its track record speaks volumes, with nearly 1,000 reviews on Trustpilot and an excellent rating of 4.7/5.

If you are considering a prop firm with a strong reputation and flexible options, AudaCity Capital is worth exploring. Click here to learn more about their offerings and decide if it’s the right fit for you.

Click here to learn more.
Learn More

The Funded Trader

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (7)

Profit Split: Up to 90%

Evaluation Fee: $0-$1399

Adding to the list of top-paying prop trading firms, The Funded Trader Program (TFTP) is one to watch. This program gives traders the opportunity to unlock trading accounts of up to $600,000 and earn substantial profits while gaining professional experience.

The program consists of a two-phase challenge, each with its own set of requirements and objectives. The first phase, known as the ‘TFT Challenge’, lasts 35 days and carries an entry fee of $1,399. Traders are tasked with reaching a profit target set at 8% of the initial account balance. Successfully meeting the challenge requirements allows traders to progress to the second phase, known as ‘Verification’, which is free of charge and lasts for 60 days. In this phase, traders are required to reach a profit target of 5% of the account balance.

Upon successful completion of both phases, traders are officially made members of TFTP’s Proprietary Trading Firm and start their journey as funded traders. They receive up to 90% of the profits from their trades, and their performance is evaluated every three months. Consistent and successful traders have the potential to scale their account balance up to a whopping $1,500,000.

One of the standout features of The Funded Trader Program is its commitment to fostering good risk management. Traders who don’t meet the profit target in either phase but maintain a profitable account balance by the end of the period are given a free repeat of the challenge, offering unlimited attempts to succeed.

Interestingly, TFTP offers a unique benefit for its funded traders: the initial fee paid for the TFT Challenge is refunded with the first profit split. This means that successful traders essentially get their start in the program for free.

Click here to explore The Funded Trader. Use coupon code modestmoney to save 5% today!
Learn More

Fidelcrest

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (8)

Profit Split: 80/20 (Normal) or 90/10 (Aggressive)

Challenge Fee: 349 EUR to 1,399 EUR (refundable)

Fidelcrest is another options prop trading firm that allows traders to access a huge variety of assets, including stocks, indices, commodities, and forex.

Fidelcrest offers Normal and Aggressive plans for its Pro Trader and Micro Trader accounts. The Normal profit split is 80/20, while the Aggressive split is 90/10. There’s also a one-time challenge fee that’s refunded to traders that pass the challenge.

To get into Fidelcrest’s Pro Trader Program, you must complete a two-step process. First, there’s the aforementioned Fidelcrest Trading Challenge, which is a 30-day trial period. After that, you go to the Verification phase, which is similar but requires 60 days.

Micro Trader accounts span from $10,000 to $50,000, while the Pro Trader accounts span from $150,000 all the way up to $1 million.

Click here to explore Fidelcrest and begin their Trading Challenge at your convenience. Use promo code MM-15 to get 15% off!
Learn More

City Traders Imperium

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (9)

Profit Split: Up to 100/0

One-Time Fee: $99 to $949

City Traders Imperium is another top prop firm when it comes to funded options trading. While many prop firms play into the idea of getting rich quickly to entice new traders, City Traders Imperium offers robust educational resources and is straightforward about what to expect.

For example, there are no hidden or monthly fees with CTI. There’s a one-time fee of $99 to $949 depending on your account, with higher fees to receive direct funding. Profit splits go up to 100%, which is as good as it gets.

Traders can either pass the Day Trading Challenge (for forex, indices, and commodities) or pay a larger sum to receive direct funding immediately.

Click here to check out City Traders Imperium and become a funded trader through one of their evaluation plans or by opting for direct funding. Use coupon code CTI10% for 10% off!

Learn More

Earn2Trade

Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (10)

Profit Split: 80/20

Monthly Subscription Fee: $150 to $550

Last but not least is Earn2Trade, which calls itself a “trading education company” rather than a prop firm. A unique company, Earn2Trade connects successful traders with trading firms.

Earn2Trade has many different programs, including the Gauntlet, Gauntlet Mini, and Trader Career Path. The fees depend on the program, but all Earn2Trader programs offer an 80/20 split.

Founded in 2016 and currently holding a score of 4.8/5 on Trustpilot, Earn2Trade provides traders with a reliable option to funded trading.

Click here to learn more about Earn2Trade and see if it’s right for you! Use coupon code modestmoney for 20% off!

Learn More

Choosing the Highest Paying Prop Firms

The best prop trading firms will have a streamlined process and pay traders a high percentage of their profits. The highest paying prop trading firms, like those covered above, generally pay out around 80-90%.

Once you’ve ensured a prop firm pays out well, then you can consider other factors, such as the process to get a funded account and the various rules they have (e.g. daily drawdown, withdrawal minimums, etc.).

Related Prop Trading Firm Reviews:

  • Apex Trader Funding Review
  • City Traders Imperium Review
  • Earn2Trade Review
  • Elite Trader Funding Review
  • Fidelcrest Review
  • FTMO Review
  • Funded Trading Plus Review
  • FundedNext Review
  • InstantFunding.io Review
  • Smart Prop Trader Review
  • SurgeTrader Review
  • The 5ers Review
  • The Funded Trader Review
  • The Trading Pit Review
  • TickTick Trader Review
  • TopStep Trader Review
  • TradeDay Review
  • Trader Career Path Review
  • Traders With Edge Review
  • UProfit Review
  • Best Prop Trading Firms
  • Best Forex Prop Trading Firms
  • Best Funded Stock Trading Accounts
  • Best Funded Forex Trading Accounts
  • Best Crypto Prop Trading Firms
  • Best Futures Prop Trading Firms
  • Best Instant Funding Prop Firms
  • Best Options Prop Trading Firms
  • Compare Prop Firms
Highest Paying Prop Trading Firms (2024) | 10 Top Prop Firms for High Payouts (2024)

FAQs

What is the best prop firm in 2024? ›

Quick Look: Best Prop Trading Firms
  • Best for Beginner Futures Traders: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Stock Traders: Trade the Pool.
  • Best for Experienced and Beginner Forex, Indices and Metal Traders: The 5ers.
  • Best for All Futures Traders: BluSky.

Which prop firm is the best in the USA? ›

#1 – Funder Trading

Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

What prop firm pays the fastest? ›

Funding Pips and Maven lead the rankings with the most frequent pay-outs, offering transactions every 5 days. Close behind, Traddoo and Funded Trading Plus offer weekly pay-outs. Smart Prop Trader, with its 12-day pay-out cycle, caters to those with a trading style that can accommodate less frequent access to funds.

Which prop firm offers instant funding? ›

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.

What is the best prop firm like FTMO? ›

While FTMO is a popular prop trading firm, there are several other prop firms out there that you can consider. Some well-known prop firms include TopstepTrader, OneUp Trader, and Maverick Trading.

Which prop firm has the lowest fees? ›

  • Funded Trading Plus. Funded Trading Plus stands out in the competitive landscape of prop trading firms, distinguishing itself with unparalleled access to affordable trading opportunities. ...
  • FTMO. ...
  • TopStepTrader. ...
  • Fidelcrest. ...
  • LuxTradingFirm. ...
  • OneUp Trader. ...
  • FTUK.
Apr 4, 2024

What is the highest drawdown on prop firms? ›

With Smart Prop Trader you can reach a maximum drawdown limit of a whopping 28%. Besides forex, we offer trading in cryptos and commodities with profit splits remaining at 85%, extendable up to 90% for traders who meet all the conditions of our scaling plan.

Which prop firm is safe? ›

TopTier Trader is a prop firm that offers traders the opportunity to trade with their capital and receive a share of the profits. They have gained popularity in the forex market due to their low-risk approach and high-profit potential.

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.

Which prop firm pays out daily? ›

The Top Forex Prop Firms Ranked by Pay-out Frequency
Prop FirmPayout Cycle
FunderProDaily
the5ersWeekly
City Traders ImperiumWeekly
Lux Trading FirmWeekly
12 more rows

How much do top prop traders make? ›

The salary of a prop trader can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year, while a senior trader can make upwards of $500,000 annually.

What is the oldest prop firm trading? ›

{quote} FTMO (unless you are a US citizen), The5ers, and City Traders Imperium are the three oldest prop firms, and probably the only ones with 5+yrs reputable history of reliable payouts.

Which prop firm gives real money? ›

True Forex Funds

Founded in 2021, True Forex Funds is a prop trading firm based in Hungary. The company has a two-stage evaluation process. After successfully progressing through stage 2, traders can receive up to $2.5 million in funding with an 80% profit split.

What is the best prop firm in the world? ›

In the world of prop trading, these five firms - SabioTrade, The5ers, T4TCapital, Topstep, and Fidelcrest - stand out as pioneers, each contributing to the ecosystem in its unique way.

Which prop firm has zero fees? ›

At the forefront of cost-saving measures is FXIFY, a prop firm that boasts zero commissions on forex trades. The offering helps traders who want to keep overheads to an absolute minimum. The commission-free trading structure is available for all instruments except for stocks CFDs, which incur a rate of 0.35% RT.

Is FTMO banned in the US? ›

FTMO Banned USA Clients – Heres our Top 5 Alternatives (Accepting USA Traders) 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 percentage of people pass prop firm challenges? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

How much does the average prop firm trader make? ›

Prop Firm Trader Salary

The salary of a prop trader can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year, while a senior trader can make upwards of $500,000 annually.

References

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Pres. Lawanda Wiegand

Last Updated:

Views: 5621

Rating: 4 / 5 (71 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Pres. Lawanda Wiegand

Birthday: 1993-01-10

Address: Suite 391 6963 Ullrich Shore, Bellefort, WI 01350-7893

Phone: +6806610432415

Job: Dynamic Manufacturing Assistant

Hobby: amateur radio, Taekwondo, Wood carving, Parkour, Skateboarding, Running, Rafting

Introduction: My name is Pres. Lawanda Wiegand, I am a inquisitive, helpful, glamorous, cheerful, open, clever, innocent person who loves writing and wants to share my knowledge and understanding with you.