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Prop Trading Firms

Compare proprietary trading firms and find the best funded trader programs. Get funded with capital up to $400,000 and keep up to 90% of your profits.

What is Proprietary Trading?

Prop trading firms provide capital to traders who pass their evaluation challenges. You trade with the firm's money and keep a percentage of the profits, without risking your own capital beyond the challenge fee.

Trade Large Capital

Access $10K-$400K+ in trading capital

Limited Risk

Only risk the challenge fee, not your savings

Keep Most Profits

Profit splits from 70% to 90%

Important Considerations

Prop trading challenges have strict rules and most traders fail the evaluation. Never invest money you cannot afford to lose in challenge fees. Always read the full terms and conditions before signing up.

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Showing 12 of 12 firms

FTMO logo
FTMORecommended
4.7

Profit Split

80%

Challenge Fee

$155+

Profit Target (P1/P2):10% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$10,000 - $200,000
MT4MT5cTraderFree Retry
Read full review
The5ers logo
The5ersRecommended
4.7

Profit Split

100%

Challenge Fee

$39+

Profit Target (P1/P2):10%
Daily/Total DD:3% / 6%
Account Sizes:$5,000 - $100,000
MT5cTraderFree RetryInstant Funding
Read full review
Alpha Capital Group logo
Alpha Capital GroupRecommended
4.7

Profit Split

90%

Challenge Fee

$30+

Profit Target (P1/P2):8% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$5,000 - $200,000
MT5cTraderDXtradeTradeLockerFree Retry
Read full review
FundingPips logo
FundingPipsPopular
4.5

Profit Split

100%

Challenge Fee

$29+

Profit Target (P1/P2):8% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$5,000 - $200,000
MT5cTraderMatch-Trader
Read full review
Funding Traders logo
Funding Traders
4.5

Profit Split

90%

Challenge Fee

$49+

Profit Target (P1/P2):8% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$5,000 - $200,000
MT4MT5cTraderDXtradeFree RetryInstant Funding
Read full review
Instant Funding logo
Instant Funding
4.5

Profit Split

90%

Challenge Fee

$65+

Profit Target (P1/P2):8% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$5,000 - $200,000
MT5cTraderMatch-TraderInstant Funding
Read full review
The Funded Trader logo
The Funded TraderPopular
4.5

Profit Split

90%

Challenge Fee

$65+

Profit Target (P1/P2):10% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$5,000 - $400,000
MT4MT5Instant Funding
Read full review
FunderPro logo
FunderPro
4.4

Profit Split

90%

Challenge Fee

$69+

Profit Target (P1/P2):10% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$5,000 - $200,000
MT5cTraderTradeLocker
Read full review
BrightFunded logo
BrightFunded
4.4

Profit Split

100%

Challenge Fee

$49+

Profit Target (P1/P2):8% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$5,000 - $200,000
MT5cTraderMatch-TraderTradeLocker
Read full review
Funded Next logo
Funded NextNew
4.4

Profit Split

90%

Challenge Fee

$59+

Profit Target (P1/P2):10% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$6,000 - $200,000
MT4MT5Free RetryInstant Funding
Read full review
FXIFY logo
FXIFY
4.3

Profit Split

90%

Challenge Fee

$79+

Profit Target (P1/P2):10% / 5%
Daily/Total DD:5% / 10%
Account Sizes:$10,000 - $400,000
MT4MT5cTraderTradingViewDXtradeFree RetryInstant Funding
Read full review
E8 Funding logo
E8 Funding
4.2

Profit Split

80%

Challenge Fee

$228+

Profit Target (P1/P2):8% / 5%
Daily/Total DD:5% / 8%
Account Sizes:$25,000 - $250,000
MT5Free Retry
Read full review

Prop firm offerings, fees, and rules change frequently. The information shown is for comparison purposes only and may not reflect current terms. Always verify details directly with the prop firm before purchasing a challenge. Past performance does not guarantee future results.

Prop Firm FAQ

What is a prop trading firm?
A prop (proprietary) trading firm funds traders to trade the markets in exchange for a share of the profits. You typically pass a “Challenge” or evaluation to prove your skill first; once funded, you trade the firm's capital (or a simulated account the firm backs) and keep an agreed share of the profits — letting you trade larger size without risking all of your own money.
What can I trade?
Most firms support major and minor forex pairs, gold, indices and oil, and many now add crypto and stock CFDs. The exact instrument list depends on the platform and each firm's policy, so check before you sign up.
Are prop firms safe and regulated?
Prop firms generally aren't regulated the way retail brokers are, because you don't deposit your own trading capital — you pay a challenge fee instead. Credibility comes from payout history, transparent rules and genuine user reviews. Favor firms that have operated for a while, publish clear terms, and pay on time.
Which platforms do prop firms use?
The most common are MetaTrader 4, MetaTrader 5 and cTrader, while newer firms often use Match-Trader, DXtrade or TradeLocker. Your platform affects execution speed, charting tools and the order types available.
Is the leverage different from a retail broker?
Prop firms usually offer lower leverage than retail brokers (e.g. 1:10 to 1:100 on forex) because the firm carries the risk. The exact leverage depends on the firm and asset class.
Can I trade during news events?
News-trading rules vary widely. Some firms allow it fully; others forbid opening or holding trades for a few minutes around high-impact releases. Read the news policy carefully before joining, as breaches can void your account.
Can I trade a prop account part-time?
Yes. Most firms don't require a fixed minimum of hours, though some set a minimum number of trading days to pass the challenge. You can trade around your own schedule as long as you follow the risk rules.
Is prop trading suitable for swing traders?
It depends on the firm's rules. Some fully support holding overnight and over weekends; others restrict it or add swap/holding fees. If you swing trade, choose a firm that allows overnight/weekend holds and check its swap policy first.
Is the challenge fee one-time or recurring?
Most firms charge the challenge fee once per attempt, and many refund it once you pass and get funded. If you fail and restart you pay again — though some firms include a free retry or reset.
How does the profit split work?
Once funded, the profit you make is split between you and the firm at an agreed rate (commonly 80-90% to the trader, some up to 100% early on). Payouts are usually available on a set cycle, e.g. every two weeks or monthly.

Finding the Right Prop Trading Firm

Proprietary trading firms have revolutionized access to trading capital for retail traders. Instead of risking significant personal savings, traders can pay a relatively small evaluation fee to attempt a trading challenge. Upon passing, they gain access to funded accounts ranging from $10,000 to over $400,000, keeping 70-90% of profits generated. The key metrics to compare include profit split (higher is better), challenge fees (varies by account size), profit targets (typically 8-10% for phase 1, 5% for phase 2), and drawdown limits (daily and total maximum loss thresholds). Some firms offer attractive features like free retries if you fail close to the target, instant funding options that skip the evaluation, and scaling plans that increase your capital over time. Popular firms like FTMO, The Funded Trader, and Funded Next each have unique rule sets and payout structures. When choosing a prop firm, consider your trading style (day trading vs swing trading), preferred instruments (forex, indices, futures, crypto), and realistic assessment of your risk management abilities. Most traders fail prop challenges due to overtrading and poor risk management, so practice extensively on demo before attempting a paid evaluation.