Welcome back and thanks for being here. We are here with another article about the Proprietary trading Firm industry, and this time we’re going to be ranking the best 10 Prop trading Firms. Now, we’re going to cover some of the general details about the company, the funding programs that each Firm is offering, and some feedback from their community.
Before I dive into the list, guys, just giving you a heads up that this list is in no particular order. This is just our view of the top ten Prop trading Firms that are out there. All of them have ended up on our list for varying reasons and factors. Not saying any is better than the others, but in our view, this is the top ten.
Also to let you know that every single part of this article is going to be very concise, so I’m not going to go into too much depth. That’s what our individual review articles are for, for the Prop Firms. So let’s dive in to some really quick summaries of why we think these are the best 10 Prop Firms.
The 5ers
Kicking things off with the 5ers which is a Prop trading Firm incorporated back in April 2020. So they’ve got offices based in the UK, in London in particular. They offer traders a chance to work with different account types potential to scale up to $4 million and earn 50% all the way up to 100% profit splits. You can trade on MetaTrader5 while using a third party liquidity provider.
Now, when it comes to funding programs, the 5ers allow traders to choose between two different funding programs, Instant funding, which can be low risk or aggressive risk types and BootCamp funding programs, which are unique, low entry cost challenges where you pay part of the entire fee as an entry cost while you pay the rest when you finish your three demo stages.
Not going to go into the details of these funding programs, but I love what they’re doing here. The 5ers, lots of options there for traders of all levels and experience.
Jumping over to The 5ers TrustPilot statistics here. Now that we’ve touched on some of their general details and funding program options, you can see on TrustPilot, the overwhelming community feedback is fantastic. At the time of writing, they’ve got a score of 4.8 out of 5 out of a lot of reviews.
We with again, the overwhelming consensus being very, very positive and for good reason The 5ers have come a long way in nearly three years and have established themselves very well in the industry, hence why they’ve landed on our list. So the Five Percenters make in the top ten.
SurgeTrader
Next up, we have SurgeTrader. Now this is a Prop trading Firm that started operating in September 2021. They’ve got offices based in Florida, US. While offering traders a chance to work with different account sizes of up to $1 million and earn 75% all the way up to 90% profit splits.
Now they allow you to trade on MetaTrader 4 or MetaTrader 5 while being partnered with 8cap as their broker. When it comes to funding programs, SurgeTrader allows traders to choose between six different evaluation account sizes ranging from 25,000 up to $1 million of capital and require traders to pass a one step evaluation before becoming funded and being eligible to earn profit splits.
Again, not going into the details of those funding programs, feel free to do that yourself or check out our in depth reviews, but really, really love what these guys are doing, what SurgeTrader are providing to their traders.
Let’s jump over and take a look at the general community feedback. So you’re not just taking my word for it. So TrustPilot you can see that SurgeTrader has very, very good overwhelming responses from their community.
So look, they’ve done a really good job in the fairly short time they’ve been in the industry and as a result, they’ve landed in our top 10 because of what they offer to their traders worldwide. So SurgeTrader doing really great things and as you can see, the community also agrees.
True forex Funds
Next up we have True forex funds. Now this is a Prop trading Firm that started operating in October 2021. They are based out of Hungary, while offering traders a chance to work with different account sizes of up to $200,000 and earn 80% profit splits.
Now, they let trader trade on MetaTrader4 or MetaTrader5. Now they’re partnered with a third party liquidity provider who gives them direct market access as their broker. Now, when it comes to funding programs, True Forex Funds, they allow traders to choose between 5 different evaluation account sizes.
The accounts range from 10,000 up to $200,000 and do require traders to pass a two-step evaluation before becoming funded and being eligible to earn profit splits. The objectives inside these programs is very achievable, but I like that they are evaluation accounts and essentially they’re looking to get on board traders who are willing to go through and pass the evaluations so they are equipped with the skills and knowledge to be successful traders.
Let’s take a look over on Trust Pilot and get an idea of what the general community consensus is. So, at the time of writing, 4.4 out of 5 on TrustPilot from a lot of reviews. So getting very, very good feedback from their community. Again, go through and have a look at the comments. The good, the bad and the in between is all very valid to see the full picture of what people are saying about said Prop Firm.
But True Forex Funds, they’ve landed on our list because they are doing a lot of really great things in the space.
FTMO
FTMO is a Prop trading Firm that was incorporated in September 2015. So one of the more established, I guess in terms of being in the industry for a length of time. September 2015, they came about. They’ve got offices based in Prague. In the Czech Republic. They offer traders a chance to work with different account sizes up to $200,000 and an 80 up to 90% profit splits.
They allow you to trade on MetaTrader4, MetaTrader5 or cTrader, while being partnered with a third party liquidity provider. That gives them direct market access as their broker. Now, when it comes to funding programs, FTMO, they allow traders to choose between five different evaluation account sizes.
These accounts range from 10,000 up to $200,000 and require traders to pass a two-step evaluation before becoming funded and being eligible to earn profit splits.
Let’s jump over and see what the community is says.
So, as per the community and whoever else commented on this trust pilot thread, overwhelmingly amazing feedback. At the time of writing, 4.9 out of 5 out of so many reviews. So you’ve got a huge portion of the community, whether they be past, present or future clients of Ftmo. The overwhelming consensus is that Ftmo is doing so many really wonderful things, so really love what they’re doing.
Obviously they’ve been around for a lot longer, so they have more of an opportunity to develop this client sale and these reviews. But then again, sometimes that’s what you’re looking for in a Prop Firm is establishment experience. And that’s certainly what FTMO brings to the table.
Finotive Funding
This is a Prop trading Firm that was incorporated in April 2021. They have offices based in Budapest hungry while offering traders a chance to work with three different account types with the potential to scale them and earn 55 up to 95% profit splits.
They allow you to trade on MetaTrader5 while using Finotive markets as their personal brokerage. So when it comes to funding programs. Finotive Funding allows traders to choose between three different funding programs, two-step Challenges and One step challenge accounts.
Now, this is where you’re required to go through evaluation phases for both obviously just one and two step. And lastly, they have instant funding programs, which can be standard risk or aggressive risk type. So Finotive Funding really is offering something to everyone.
Jumping over to their community feedback on TrustPilot, overwhelming consensus again an average of 4 out of 5, which isn’t the highest score on our list, but it’s not the full picture, nor is it completely indicative of the quality of a Prop Firm.
Finotive Funding has landed on our list because they’re doing a lot of great things, constantly making improvements and updates which we love to see, which means that they’re working to listen to their community feedback.
So again, this is why it’s all valid, good, bad and in between. So check it out, have a look at their reviews. But we really like what Finotive Funding are doing.
Funded Trading Plus
This is a Prop trading Firm that started operating in November 2021. They’re also based out of London in the UK. They’re offering traders a chance to work with three different account types with the potential to scale them and earn 70 up to 90% profit splits.
You can trade on MetaTrader4, MetaTrader5 or TradingView while using 8cap as their broker in terms of funding programs, Funded Trading Plus allows traders to choose between three different funding programs, two Step Challenges and One Step Challenge accounts where you are required to go through evaluation phases.
And lastly, they have instant funding programs where you can earn with out going through an evaluation. Again, another Prop Firm that is a sort of giving something there for everyone.
Jumping over to have a look at the general community feedback. Fantastic feedback, an average score of 4.9 out of 5 at the time of writing from a lot of reviews, considering how new into the industry they are.
I just absolutely love what they’re doing, hence why they are growing at such an astronomical rate and truly establishing themselves as one of the premier Prop trading Firms in the industry. And they’ve landed on our list for good reason.
FundedNext
This is a Prop trading Firm that was incorporated in March 2022, so the youngest on our list. Now, they have offices located in the UAE, USA, UK and Bangladesh and offer traders a chance to work with different account types with potential to scale them up to $4 million and earn 60 up to 90% profit splits.
Now, they allow you to trade on MetaTrader4 while being partnered with 8cap as their broker, a very established and well known brokerage. Now, when it comes to funding programs, funded Next allows traders to choose between two different funding programs.
We have the Evaluation Model, which is an industry standard two step evaluation, and the Express Model, which is a one step evaluation funding program. With Express model accounts, traders can choose between consistency or non consistency types.
You’re going to have to jump into our reviews on funded Next and also the website to check out more information about what that is, but it’ll make more sense once you do that.
Jumping on over to TrustPilot to have a look. They’ve got a great rating at the time of 4.6 out of 5, out of a lot of reviews from the amount of time they’ve been in the industry. I can’t put my finger on what that is.
They’re doing something right. Whether they are encouraging their clients to give reviews or they just overwhelmingly people want to give reviews who have been with them, not quite sure, but after doing deep dives into what they’re doing, speaking to clients, speaking to devs and owners, they are doing really wonderful things in the industry and hence ending up on our list. So funded next considering very young Prop Firm are doing exceptionally well in the industry and establishing themselves rather very quickly.
Funded Trader
We have the Funded Trader, which is a Prop trading Firm that started operating in May 2021. So they’ve got offices based in the US. While offering traders a chance to work with three different account types. Their potential to scale them up to $1.5 million and earn 80% up to 90% profit splits.
They allow you to trade on MetaTrader4 or MetaTrader5 while being partnered with 8cap and Purple Trading Seychelles as their brokers. However, note that you can trade on MetaTrader4 or MetaTrader5 if you choose 8cap, while if you go for Purple Trading Seychelles, you can only trade on MetaTrader4.
Now, when it comes to funding programs, the Funded Trader allows traders to choose between three different funding programs. We have the Standard Challenge, the Rapid Challenge and the Royal Challenge, which are all two-step evaluation funding programs that require traders to complete two evaluation stages before becoming funded and being able to start earning profit splits.
That being said, let’s jump over and have a look at the general community feedback. At the time writing on TrustPilot, they’ve got an average rating of 4.7 out of 5 out of a lot of reviews. So really fantastic feedback from their community.
Again, after not being in the industry for that long to have so many past and present clients and community members commenting on it is indicative of how well they are doing as a Prop Firm. But again, go through and have a look at all the positives even in the negative reviews, they are all very valid in giving you a very full overview of how well this Prop Firm is doing. But the Funded Trader, they’ve come into the industry in the last couple of years and are certainly making waves for really good reasons.
My forex funds
This is a Prop trading Firm that started operating in July 2020. They’ve got offices based in Toronto, Canada, while offering traders a chance to work with three different account types with the potential to scale them and earn 50 up to 90% profit splits.
They allow to trade on MetaTrader4 or MetaTrader5, while using a third party liquidity provider that grants them direct market access as their broker. Now, when it comes to funding programs, My forex Funds allows traders to choose between three different funding programs.
We have the Rapid Challenge, which is a unique one step evaluation program for Beginners, the Evaluation Challenge, which is an industry standard two-step evaluation funding program, and lastly, the Accelerated Funding Program, which is an instant funding program where traders can choose conventional or emphatic account types.
Now, jumping on over to have a look at the general community feedback. We have an incredible score of 4.9 out of 5, nearly a perfect score for My forex funds out of so many reviews. My forex funds, arguably the most well known and established Prop Firm in the industry, can’t really put my finger on exactly why that is.
But it’s very obvious that they’re doing so many great things. Amazing community feedback. They’ve popped up on so many of our lists in the past of doing incredible things, and all for very, very good reasons. So, My forex funds killing the game and leading the pack.
E8 Funding
And last, but certainly not least, on our non ranked order, our general top 10, we have E8 funding. Now, this is a Prop trading Firm that started operating in November 2021.
They’ve got offices located in Dallas in the US and another one in Prague in the Czech Republic. And they offer traders a chance to work with three different account types with the potential to scale them. And earn 80% profit splits.
They allow you to trade on MetaTrader4 or MetaTrader5, while using a third party liquidity provider that grants them direct market access as their broker. Now, when it comes to funding programs, E8 Funding allows traders to choose between three different funding programs.
We have E8 Evaluation and Elevate funding programs, and they are industry standard. Two-step evaluation programs that are only different by their scaling plans. And the third funding program is their newest, E8 track, which is a unique three-step evaluation funding program.
Let’s take a look at their community feedback over here on TrustPilot, another Prop Firm that has excellent feedback from the community. Go through and have a look at all of them. All very valid, but E8 Funding landed on our list for good reasons constantly making updates, constantly listening to the community, and doing their best to establish themselves as one of the top Prop trading Firms.
And that concludes our ranking of the best ten Proprietary trading firms in the industry. Based on our personal experience.
Thanks again for being here. See you in the next article.