Prop Firms With No Evaluation - Instant Funding - Living From Trading (2024)

Prop firms are a great solution for traders with a lack of capital, but they often require a lot of work to pass challenges and evaluations before you finally get your desired funded account.

Thankfully, there are prop firms with no evaluation. You don’t need to pass any challenge, you just receive instant funding right from the start.

In this article, you’ll learn what are the top best trading prop firms with no evaluation and you’ll be able to compare them to choose the best one for your personal situation.

The Top 3 Best Instant Funding Prop Firms

Here’s the list of the 3 best instant funding proprietary trading firms.

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

FTUK

Prop Firms With No Evaluation - Instant Funding - Living From Trading (2)

Rating: 4.8

REVIEW

FTUK is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full FTUK review

FEATURES

Instruments: Forex, Indices, Commodities, Crypto.

Max balance: $5,760,000

Profit split: 80%

Cost: from $149

Platforms: MetaTrader4 and MetaTrader 5

City Traders Imperium

Rating: 4.8

REVIEW

City Traders Imperium is a Forex prop firm, located in UK. It was founded in 2018. Read the full City Traders Imperium review

FEATURES

Instruments: Forex, Indices, Metals, Commodities.

Max balance: $2,000,000

Profit split: up to 100%

Cost: from $49

Platforms: MetaTrader 5

How Should I Choose A Prop Firm

If you are undecided between two or more instant funding prop trading firms, you can use ourprop 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 No Evaluation 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 maintain an instant funded account.
  • Trading 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 No Evaluation Prop Firm

Typically, you can trade any CFD product with a prop firm with no evaluation.

The instruments available in the vast majority of 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.

How Big Are The Instant Funded Accounts

The maximum prop firm’s instant funded accounts typically go up to $1,000,00 or $2,000,000.

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.

How Much Is The Profit Split

For instant funded accounts, the profit split is not big, usually around 50%. But on some prop firms, it may increase over time, up to a maximum of 90%.

What Trading Platforms Are Available?

Most of these prop firms with no challenge give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms:

  • MetaTrader 4
  • MetaTrader 5
  • cTrader

Are No Evaluation Prop Firms Legit?

Yes, no-evaluation prop trading firms are legit and exist as real companies.

If you read the individual review for each prop firm you’ll find more details about the company and how to contact them.

Advantages Of No Evaluation Prop Firms

  • You get access to an instant funded account immediately.
  • You don’t need to risk your own capital to trade.
  • You can get funded with big-sized accounts, so you don’t need to overleverage and gamble your small account to potentially make decent profits.
  • You are forced to follow proper risk management rules.

Disadvantages Of No Evaluation Prop Firms

  • The profit split is lower when compared to programs with evaluation or challenges.

Learn More

  • What is prop trading
  • Prop firms comparison tool
  • List of thebest prop trading firms

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Prop Firms With No Evaluation - Instant Funding - Living From Trading (2024)

FAQs

What is the best prop firm with 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.

Which prop firms are giving free accounts? ›

Monitor or research different prop firms to see who offers this opportunity. For example, at RebelsFunding, you can join the monthly trading contests for free and trade on the RF-Trader for a certain period of time. If you reach the profit target and follow the rules, you can win a funded account and even cash prize.

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.

What is the difference between instant funding and evaluation? ›

An instant funding account can be contrasted with an evaluation account. Whereas an evaluation account requires an evaluation before you can qualify and start trading, an instant funding account does not. You skip the evaluation process and instead pay a fee.

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 is the most trusted prop firm? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

Which prop firm has free evaluation? ›

The Best Prop Firms with Free Trials
FirmOverall ScoreMax instant funding
FTMO4.03200,000 USD
Smart Prop Trader3.57200,000 USD
Fidelcrest3.51 Million USD
Finotive Funding3.353.2 million USD
1 more row

What is the cheapest prop firm? ›

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

Which prop firm is better than FTMO? ›

FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.

What is the failure rate for FTMO? ›

According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.

What are the negatives of prop firms? ›

Let's explore some of these pitfalls:
  • 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

What are the disadvantages of prop firms? ›

But there are aspects you need to be aware of (cons)
  • The rules – they need to be clear and easy to understand. ...
  • Minimum trading Days – the prop firm doesn't want you to be a 1-trade-wonder. ...
  • Maximum trading Days – be careful that your trading style will reach the target in the allocated amount of time.

Can I trust instant funding? ›

ScamAdviser gives instantfunding.ca a low trust score of 32/100. The score is determined by an algorithm that takes into account over 40 data points. Underdeveloped website. There's limited information on the Instant Funding website about which lenders it partners with to provide access to loans.

When can I withdraw from instant funding? ›

You can request your first payout after 14 days, provided you have made a 5% gain. You can then request a payout via the dashboard every 7 days.

How does prop firm evaluation work? ›

Most prop firms implement a structured evaluation process designed to assess a trader's aptitude and potential. This process often includes a demo trading phase where prospective traders showcase their skill in a simulated environment.

What prop firm has the shortest payout? ›

Fastest Industry Payouts – MyFundedFutures has the fastest payouts in the futures prop trading space which has become more and more important with some of the other futures prop trading firms taking weeks to payout.

Which prop firm has the lowest fees? ›

Top Best Cheapest Prop Trading Firms
  • Funded Trading Plus.
  • FTMO.
  • TopStepTrader.
  • Fidelcrest.
  • LuxTradingFirm.
  • OneUp Trader.
  • FTUK.
Apr 4, 2024

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