Prop Firms | Prop Tier List (2024)

Prop Firms | Prop Tier List (1)

SmartProp Trader

4.9

Smart Prop Trader is committed to giving traders the best prices and lowest profit target in phase 1, with relaxed time constraints and no minimum trading days for success in their trading career.

Prop Firms | Prop Tier List (2)

Features

  • 100K Account - $475
  • MT4, MT5
  • Max Initial Capital - $400,000

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Prop Firms | Prop Tier List (3)

Ment Funding

4.4

Mentfx offers an exceptional education program that equips traders with the skills and knowledge to succeed in trading, catering to all levels of traders and providing opportunities for growth and success, whether they are beginners or experienced traders.

Prop Firms | Prop Tier List (4)

Features

  • 100K Account - $750
  • MT4
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (5)

Blue Guardian

4.4

Blue Guardian Capital's approach is to help traders reach their full potential by offering large leveraged accounts and favorable profit splits, while emphasizing responsible risk management practices with the goal of achieving consistent long-term returns.

Prop Firms | Prop Tier List (6)

Features

  • 100K Account - $517
  • MT4
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (7)

FTMO

4.4

FTMO is a proprietary trading firm founded in September 2015 that provides traders with the option to receive bi-weekly payouts after being funded, and no profit targets are required to request withdrawals.

Prop Firms | Prop Tier List (8)

Features

  • 100K Account - €540
  • MT4, MT5, cTrader
  • Max Initial Capital - $400,000

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Prop Firms | Prop Tier List (9)

BuoyTrade

4.0

BuoyTrade Institutional A-Book model offers a unique partnership opportunity for skilled traders by providing them access to significant capital and recognizing the potential for growth with additional funding, as it was established with the objective of addressing the challenges faced by traders starting with small accounts.

Prop Firms | Prop Tier List (10)

Features

  • --
  • MT4
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (11)

Core Capital

4.4

Core Capital Funds, a Minnesota-based forex prop firm, specializes in offering unique opportunities for traders such as one-phase challenges with the possibility of obtaining up to one million dollars in funding, and a six-month time frame to complete these challenges.

Prop Firms | Prop Tier List (12)

Features

  • 100K Account - $549
  • MT4
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (13)

E8 Trading

4.9

E8 Funding, despite claiming to be the best proprietary trading firm in the world and having "tier-1 liquidity", offers funding opportunities for traders at a high cost, with large spreads, slippage, and high commissions which are worse than those offered by other prop firms.

Prop Firms | Prop Tier List (14)

Features

  • 100K Account - $588
  • MT4, MT5
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (15)

Funded Next

4.4

Funded Next, a rapidly growing forex prop firm, is gaining recognition as one of the best options available through Prop Tier List.

Prop Firms | Prop Tier List (16)

Features

  • 100K Account - $549
  • MT4
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (17)

MFF

4.9

MyForexFunds, a well-respected and established forex prop firm founded in July 2020, offers three funding programs to accommodate various traders and has a reputation for providing reliable and positive trading experiences.

Prop Firms | Prop Tier List (18)

Features

  • 100K Account - $499
  • MT4, MT5
  • Max Initial Capital - $300,000

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Prop Firms | Prop Tier List (19)

The 5 percenters

4.8

The 5ers, a reputable market leader in the forex prop firm industry, offers funding programs based on its unique philosophy, including six direct funding programs, a distinctive "freestyle" challenge program and a standard challenge model, which sets them apart in the industry.

Prop Firms | Prop Tier List (20)

Features

  • 80K Account - €745
  • MT5
  • Max Initial Capital - $80,000

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Prop Firms | Prop Tier List (21)

The Funded Trader

4.9

The Funded Trader is a revolutionary proprietary trading firm established by the creators of The Forex League and Trade Connect VVS, offering some of the most competitive programs in the industry catering to a wide range of trader's needs with three different account options to choose from, making it the ideal choice for traders looking to take their trading to the next level.

Prop Firms | Prop Tier List (22)

Features

  • 100K Account - $549
  • MT4, MT5
  • Max Initial Capital - $600,000

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Prop Firms | Prop Tier List (23)

The Prop Trading

4.3

Meet The Prop Trading, an Australian forex prop firm dedicated to creating a cutting-edge, thrilling, stress-free, and secure trading environment for traders.

Prop Firms | Prop Tier List (24)

Features

  • 100K Account - $499
  • MT5
  • Max Initial Capital - $500,000

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Prop Firms | Prop Tier List (25)

TFF

4.5

True Forex Funds is a rapidly growing proprietary trading firm that offers funding of up to $400,000 to ambitious underfunded traders who successfully pass through the firm's two-phase evaluation process, and like E8 Funding, it does not have a minimum trading days requirement, attracting traders from diverse backgrounds.

Prop Firms | Prop Tier List (26)

Features

  • 100K Account - $499
  • MT4, MT5
  • Max Initial Capital - $400,000

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Prop Firms | Prop Tier List (27)

Surge Trader

4.4

SurgeTrader, a global proprietary trading firm based in the United States, aims to help traders worldwide maximize profits through their skills by offering a program built on four fundamental principles: simplicity and transparency in trading rules, streamlined and efficient evaluation processes, no time restrictions, and excellent customer support, for an unrivaled trading experience.

Prop Firms | Prop Tier List (28)

Features

  • 100K Account - $700
  • MT4, MT5, Trading View
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (29)

Funded Trading Plus

4.8

Improve your skills and profits with Funded Trading Plus, an extension of our highly successful Trade Room Plus service, which since 2013, has been dedicated to helping retail traders succeed, as one of the few trading educators who trade live, and our proven track record of training traders to take profitable trades and making a full-time profession out of trading speaks for itself.

Prop Firms | Prop Tier List (30)

Features

  • 100K Account - $499
  • MT4, MT5, Trading View
  • Max Initial Capital - $400,000

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Prop Firms | Prop Tier List (31)

City Traders Imperium

4.8

City Traders Imperium, a leading provider of Funded Trader Programs and an Educational Platform for traders globally, accelerates trading success by offering tailored funding and training services to provide motivation and support for traders, striving to empower them to achieve their goals and maintain a stable trading career.

Prop Firms | Prop Tier List (32)

Features

  • --
  • MT5
  • Max Initial Capital - $--

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Prop Firms | Prop Tier List (2024)

FAQs

How many people pass the prop challenge? ›

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. While this result is not nearly as bad as the one discussed earlier, it still looks bleak for prospective prop traders. But why is the percentage of failure so high?

How to check legit prop firm? ›

Review The Evaluation Criteria

Legit prop firms don't offer capital to just anyone. To get funded, you'll need to complete a 1 or 2-Step challenge process that puts your trading to the test. Prop firms that are legit require specific profit targets, requirements, and maximum drawdowns that you must adhere to.

Why are prop firms getting shut down? ›

Prop trading firms have been shutting down or suspending their services, particularly to U.S.-based clients, because of a crackdown from MetaQuotes, the company behind the popular MetaTrader trading platforms.

What are the trustworthy prop firms? ›

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.

What is the fail rate for FTMO? ›

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place. A trader doesnt know when a winning streak might occur, or when they may take a string of drawdowns.

What percentage of people fail funded accounts? ›

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.

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.

How legit are prop firms? ›

Prop firm trading is a legitimate way to make money, but it is not without its risks. Prop firms provide traders with access to a significant amount of capital, typically in exchange for a percentage of the profits generated.

What happens if you lose money in a prop firm? ›

Profits from trades are generally divided between the firm and the prop trader; however, the risk distribution is asymmetric. This means that in the event of a loss, the trader bears 100% of the losses, while they don't receive 100% of the profits.

What is the cheapest prop firm? ›

OneUp Trader

OneUp focuses trader education through their S3 Partners services. As one of the most affordable prop firms, OneUp Trader lowers barriers to trading with funded accounts. Between their proprietary analytics and educational emphasis, OneUp takes trader development seriously.

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 success rate of prop firm challenges? ›

Understanding the Prop Firm Challenge

At its core, the prop firm challenge can be a way for prop firms to make money from failed challenges. This is because some sources have the failure rate of prop trading challenges at 90%. So for every 10 traders that buy a challenge, 9 will fail.

How hard is it to pass a prop firm challenge? ›

With the Prop Firm challenges, it's not just about failing or winning. You must be profitable and fulfill certain trading objectives which makes it even harder. Less than 1% of traders who attempt the challenge pass and get funded.

What is the success rate of the funded trader? ›

Statistics on Funded Trading Payouts and the 1% Myth

While trading is no cakewalk, the actual success rate might be closer to 5%. So, it's not quite as exclusive as you might have thought. For instance, the average payout for funded trading with The Funded Trader (TFT) is around $7,000.

How long does it take to pass a prop challenge? ›

For most funded trading accounts, it takes around four to five months to pass the screening process or prop firm trading challenge, before funding will be allocated to a trader. However, some prop firm challenges can be passed in a much shorter time, in as little as two days, though this involves using increased risk.

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