FAQs
Quick Look: Best Prop Firms
- Best Futures Prop Firm: Apex Trader Funding.
- Best Choice for Funded Futures Trading: Earn2Trade.
- Best for Experienced Traders: FXIFY.
- Best Stock Trading Prop Firm: Trade the Pool.
- Best for Forex, Indices and Metal Traders: The 5%ers.
- Best for Seasoned and Undercapitalized Traders: Top One Trader.
A complete list of Prop firms' Trading Assets
| Prop Firm | Trading Assets |
|---|
| SabioTrade | Forex, Indices, Commodities, ETFs, Stocks |
| FTMO | Forex, Indices, Metals, Commodities, Crypto, Stocks |
| Toptier Trader | Forex, Indices, Metals, Commodities, Crypto |
| the5ers | Forex, Indices, Metals |
35 more rowsSmart Prop Trader does not have restrictions for news trading or holding trades over night or over the weekend. Traders are welcome to hold positions overnight or over the weekend as they see fit.
Which prop firm payout the fastest? ›
FAQs on Prop Firm for Payouts
FunderPro stands out for its rapid payouts in the prop trading industry. With some competitors taking weeks to process payouts, FunderPro prioritizes swift transactions, ensuring traders receive their earnings promptly.
What is the most trusted prop firm in 2024? ›
It was designed to be smooth to read, by identifying the key points of each firm, but also the pros and cons of trading with them.
- #1 FTMO. FTMO. ...
- #2 Funded Trading Plus. Funded Trading Plus. ...
- #3 My Funded Futures. My Funded Futures. ...
- #4 Take Profit Trader. ...
- #5 Apex Trader Funding. ...
- #6 FundedNext. ...
- #7 HyroTrader. ...
- #8 FTUK.
Research the reputation and track record of the prop trading firm. Look for established firms with a history of success and positive reviews from traders. Reputation speaks volumes about the firm's integrity and reliability. Evaluate the trading capital and leverage provided by the prop trading firm.
Can you make a living trading for a prop firm? ›
Yes. Prop firms do pay out, but the amount of money that a trader can make will depend on their performance and the terms of their agreement with the firm.
Which prop firm is the cheapest? ›
Cheapest prop firms forex 2024
- FTMO. FTMO (Funded Trader Markets LLC) is one of the most well-known prop firms in the industry. ...
- The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
- MyForexFunds. ...
- Earn2Trade. ...
- The Funded Trader Program. ...
- OneUp Trader. ...
- Apex Trader Funding. ...
- True Trader.
Proprietary Trading Firm Payout Cycles
| Proprietary Trading Firm | Payout Cycle |
|---|
| Funded Trading Plus | Weekly |
| FundedNext | Evaluation: Bi-weekly Express: Monthly One-step Stellar: Every 5 Days Two-step Stellar: Bi-weekly |
| FunderPro | On-demand |
| Funding Pips | Every Tuesday |
27 more rowsSep 9, 2024
The most popular prop trading firms and funded programs
| Prop Firm | Joining Fee | Profit Split |
|---|
| Axi Select | Free | Up to 90% |
| FTMO | From €155 | Up to 90% |
| The Forex Funder | From $95 | Up to 95% |
| E8 Markets | From $33 | Up to 80% |
3 more rowsFunderPro offers uncapped daily payouts and users are loving it.
Which prop firm has 5% target? ›
The 5%ers have an evaluation system with 1 Step, 2 Step, and 3 Step processes, allowing traders to choose the path that best suits them. The profit target is 10% for the Step 1 evaluation. In the Step 2 evaluation, the targets are 8% for Phase 1 and 5% for Phase 2.
Is it good to trade with prop firms? ›
Yes. Although prop trading isn't considered an easy way to make money, it provides a lucrative and fulfilling career for many people. If you're willing to acquire and master the right skills, you can make a profit as a prop trader.
Which prop firm is better than FTMO? ›
Yes, there are many sites offering similar services to FTMO. These include FunderPro, SabioTrade, the5ers and many more. If you are looking for an alternative to FTMO, FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Do prop traders make a lot of money? ›
Senior Traders often earn between $500K and $1 million, and Partners can earn over $1 million per year. Base salaries do not necessarily change that much as you move up, so most of these gains come from increased bonuses.
How much does the average prop firm trader make? ›
Generally, experienced and successful prop traders can expect: Base Salary: Ranges from $75,000 to $150,000 annually. Bonuses/Profit Sharing: Can significantly increase earnings, often ranging from $100,000 to $500,000 or more, depending on performance.
