There are hundreds of prop firms waiting to sign up an army of traders and fund their accounts for success. Choosing which firm to go with on your trading journey can be overwhelming. We've compiled a list of some of the best prop firms based on programs, pricing, and user trust. Our methodology includes testing these firms' challenges out, researching Reddit content, and customer reviews on Trustpilot.
FunderPro
FunderPro is a top-rated proprietary trading firm that offers a distinct funding model using real capital, providing traders with a genuine trading experience involving actual profits and risks. The firm features flexible payout options, allowing traders to request payouts multiple times a day, and an attractive 80% profit split ensures that traders retain a significant portion of their earnings. Unlike many other firms, FunderPro does not impose a trailing drawdown, enabling traders to manage their risks more effectively.
FunderPro presents a range of challenges to accommodate different trading strategies. The Fast Track challenge is designed for experienced traders who seek funding swiftly through a single-phase process. The Regular challenge offers higher leverage and fewer restrictions, making it suitable for intraday traders, while the Swing challenge is ideal for traders who prefer holding positions over the long term, including weekends and during news events.
Additionally, FunderPro offers comprehensive support to its traders, with round-the-clock assistance to address any issues or queries promptly. This ensures that traders can focus on their trading activities without unnecessary interruptions.
FunderPro’s commitment to providing real capital, flexible terms, and diverse challenges makes it an appealing choice for day traders seeking a reliable and rewarding prop trading firm.
FTMO
- Focus: Discretionary forex/CFDs, indices, commodities, crypto on MT4/MT5/cTrader.
- Evaluation: Classic 2-step challenge with profit targets and max drawdown rules; seen as strict but consistent and transparent.
- Capital & split: Up to around
base with scaling to about 
, profit split up to 80–90% depending on plan. - Strengths: Long track record, strong risk tools, polished dashboards, high trust for payouts and rule stability.
- Best for: Traders who want a “blue‑chip” prop firm with structured rules and are comfortable with a two‑phase challenge.
FundedTradingPlus
Funded Trading Plus Coupon Codes
- Focus: CFDs across forex, indices, commodities, some stocks/crypto, multiple platforms.
- Evaluation: Multiple paths, including regular 2‑step challenges and instant funding options that reduce evaluation time.
- Capital & split: Scaling up to about
, profit split 80–100% on some programs, with moderate starting fees. - Strengths: Very flexible funding models, instant funding, aggressive scaling, and appeals to active intraday traders.
- Best for: Traders who want flexibility (including instant funding) and are willing to handle slightly more complex program options.
All in all, FundedTradingPlus is one of the best options for those looking to become professional, full-time day traders. It has fantastic services, overall, great support, and high performance.
Take Profit Trader
Take Profit Trader Coupon Codes
TakeProfitTrader offers a simplified and efficient funding process for futures traders through its one-step evaluation, enabling them to begin earning immediately in a PRO account. This straightforward approach enables traders to demonstrate their skills and begin earning from the first day in a PRO account. One of the notable features of TakeProfitTrader is its immediate withdrawal option, allowing traders to access their profits without waiting. The firm also offers a PRO+ account with an impressive 90/10 profit split, providing an even greater incentive for successful trading.
The evaluation process at TakeProfitTrader does not impose minimum trading days for withdrawals, offering flexibility and convenience to traders. Additionally, the firm allows for multiple account resets, which can be particularly beneficial for traders looking to refine their strategies and improve performance. This flexibility is coupled with disciplined risk management systems, ensuring traders have the tools they need to manage their trades effectively.
TakeProfitTrader’s educational resources and mentorship programs further enhance its appeal. These programs are designed to help traders at all levels improve their skills and achieve their trading goals. The firm provides access to a wealth of knowledge through webinars, tutorials, and one-on-one coaching sessions, ensuring that traders are well-equipped to succeed.
The firm's support system is comprehensive, providing traders with the necessary resources and assistance to navigate any issues that may arise. TakeProfitTrader's focus on futures trading, combined with its efficient funding model, sets it apart from other proprietary trading firms, making it an attractive option for traders seeking a quick and reliable path to funding.
Apex Trader Funding
Apex Trader Funding Coupon Codes
Apex Trader Funding is a proprietary trading firm founded in 2021 and headquartered in Austin, Texas, focused exclusively on funding traders in the futures markets. It provides traders worldwide with access to trading capital after passing a straightforward, single-step evaluation process—where traders aim to hit a profit target before reaching a defined maximum drawdown. Its business model is built on transparency, flexibility, and generous payout terms, often considered some of the most competitive in the industry.
- Apex Trader Funding offers traders a 90% profit split after the first $25,000 (which traders keep entirely).
- There are no daily drawdown limits, no consistency or scaling rules, and trading is allowed during major news events.
- The program provides unlimited time to pass the evaluation and supports multiple professional trading platforms.
- Apex serves tens of thousands of traders in over 150 countries.
- Traders have the flexibility to trade up to their maximum position size and access the U.S. futures market.
- The firm offers a lifetime referral commission and maintains a vibrant global community.
- Only futures trading is supported; there are no programs for stocks, forex, or cryptocurrencies.
- No weekend trading is permitted, and fees may be higher for larger account sizes.
- The platform’s focus on U.S. market hours may present challenges for traders in other time zones.
Apex Trader Funding is recognized for industry-leading payouts (over $400 million since 2022), rapid evaluation completion, and a commitment to a trader-first, transparent environment. The founder, Darrell Martin, designed the company to address limitations and frustrations faced by traders with traditional prop firms, aiming to empower traders with flexible opportunities and minimal restrictions.
Tardeify
Tradeify.com is a proprietary trading firm and technology platform that funds futures traders and helps them scale their strategies without risking large amounts of personal capital. The company operates a structured path where traders typically move from a challenge phase to a simulated funded account and, for consistent performers, to a live funded account, with some products offering near-instant or direct-to-funded access. Tradeify emphasizes transparent rules, disciplined risk management, and fast payouts, positioning itself as a modern, tech-driven alternative to traditional prop trading paths.
Tradeify’s core “product” is access to capital via several account types and programs, including multi-step evaluations and “Lightning” or instant funding style offerings tailored to different risk and experience levels. Around this funding, the firm provides an integrated suite of trading tools—such as automated journaling, performance analytics, watchlists, and broker connectivity—as well as education, webinars, and community channels designed to help traders refine and scale their futures strategies. Together, these funding programs and platform tools are marketed as a full ecosystem that supports traders from early skill development through to managing larger, potentially multi-account portfolios.
FundedTradingPlus
Funded Trading Plus Coupon Codes
Funded Trading Plus is a top rated firm that operates on a unique funding model. It is one in which traders receive a percentage of profits from each successful trade. This percentage depends on the trader's performance, but it can range from 5% to 50% (and, sometimes, even more) of the profits. The amount of funding available depends on the trader's performance in a virtual simulation trading environment, which is essential.
FundedTradingPlus offers a wide range of strategies and strategies in development, which are tested and perfected in their virtual trading environment, and traders get access to comprehensive data to help them make intelligent well-researched trading decisions.
Monthly setups that track past performance and show expectations for upcoming opportunities represent one of the most sought-after benefits of FundedTradingPlus. This service helps traders make the most of their time, using data-driven insight to accurately predict trends and scenarios.
Traders have access to tools such as awesome charting and custom-built scripts that give them the edge in trading and allow them to maximize returns.
The team at FundedTradingPlus is highly experienced, very knowledgeable, and is always available to answer questions and help traders get the most out of their trades. Professional market analysis, ongoing education & training, and ongoing market monitoring by their experienced analysts are all additional benefits offered by FundedTradingPlus.
All in all, FundedTradingPlus is one of the best options for those looking to become professional, full-time day traders. It has fantastic services, overall, great support, and high performance. #5: FundedTradingPlus!
Topstep
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If you’re looking to become a futures trader Topstep is our number one suggestion. The company was founded by Michael Patak in 2011 and they have been helping traders become more successful ever since. At Topstep, you can trade with top futures contracts like crude oil, gold, interest rates, micro products, and E-Mini S&P 500 and Nasdaq 100. They make our top list of trading firms based on their customer reviews, company longevity, trust, payouts, and fair pricing.
Topstep has created a novel assessment system that allows traders to access the company’s complementary trading platform. Traders are required to pass an extensive review process, which consists of a skills assessment, an interview, and a capital contribution. The assessment process is designed to ensure that traders who are seeking to benefit from Topstep’s services all meet specific prerequisites and can handle the risk associated with trading in today’s markets. In other words, they need to pass the “eye of the tiger” test.
After passing the assessment, traders can access Topstep's proprietary technology, which includes their platform, tools, and automated trading strategies. The platform is accessible from any device, allowing traders to stay connected to the markets wherever they are. Check out their trader success stories here.
The cutting-edge technology uses AI (artificial intelligence) to find potential trading opportunities in the market and provides a customized portfolio that is tailored to meet the needs of traders. Topstep also offers algorithmic trading and desk visits with professional traders who provide an additional layer of support and guidance. A great foundation for success.
Topstep also provides abundant educational resources to assist traders in sharpening their trading knowledge and developing successful trading strategies. Through educational webinars, trading competitions, and a dedicated YouTube channel, Topstep offers a wide range of educational material designed to help traders become consistently profitable.
Topstep is a great option for traders looking for a prop trading firm that can offer the tools and resources needed to accelerate their success. They offer a rigorous assessment process and killer technology, as well as a supportive community with access to education and experienced traders. Everything you need.
Hyrotrader
Hyrotrader is a proprietary trading firm that focuses exclusively on cryptocurrency trading, offering an innovative solution for traders looking to access substantial capital. Traders can start with accounts funded up to $100,000, and can keep up to 90% of their profits while the firm covers any losses. This unique approach eliminates the financial risk for traders, making it an attractive option for both novice and experienced traders.
To gain access to a funded account, traders must first complete a two-phase evaluation process. In the initial phase, traders are required to achieve a 10% profit target while adhering to strict risk management rules, such as a maximum drawdown of 10% and a daily drawdown limit of 5%. Upon successful completion of this phase, traders move to the verification stage, where they must achieve an additional 5% profit. This rigorous selection process ensures that only the most skilled and disciplined traders progress to managing real capital.
Hyrotrader supports trading on all available pairs on the ByBit platform, including USDT Futures, USDC Contracts, Options, and spot trading. This broad range of trading options allows traders to leverage their skills across various cryptocurrency markets. Additionally, Hyrotrader offers leverage of up to 1:100, enabling traders to maximize their potential returns.
One of the standout features of Hyrotrader is its educational resources and mentorship programs. These are designed to help traders improve their skills and achieve their trading goals. The firm provides access to webinars, tutorials, and one-on-one coaching sessions, ensuring traders are well-prepared for the challenges of the crypto markets.
Hyrotrader also places a strong emphasis on customer support, offering 24/7 assistance via email and live chat. This level of support ensures that traders can resolve any issues quickly and efficiently, allowing them to focus on their trading activities.
Hyrotrader provides a comprehensive and supportive environment for cryptocurrency traders. With its risk-free trading opportunities, extensive educational resources, and robust support system, Hyrotrader is a compelling choice for those looking to succeed in the volatile world of crypto trading.
Audacity Capital
Audacity Capital, aside from having the best name in the business, has carved out a space in the day trading scene as one of the top ten prop firms out there. Audacity Capital is a Honolulu-based firm founded way back in 2012 by its founder: Erikan Obotetukudo. It has grown fast and now has offices in New York and London, tool.
The ethos at Audacity is to help its traders develop and reach their full potential through bountiful knowledge, resources, and a unique, competitive trading platform. It offers all the tools traders need to be successful, including customizable health checks, algorithms, real-time insight, and powerful analytics tools.
Audacity's aim is to keep trading fair & competitive for all of its clients, and it does this by focusing on the individual trader’s needs and objectives, rather than a one-size-fits-all approach.
Audacity offers its traders the chance to receive rare insight into the markets and gives them the ability to apply a wealth of knowledge and experience to their trades. Furthermore, its traders benefit from access to a team of specialists with an in-depth understanding of the markets, giving them a head start to success…and all the support newbies tend to need.
In addition to its services for traders, Audacity encourages sign-ups from those with only a basic knowledge of trading. It also offers a money-back guarantee if traders are not satisfied with their performance on the platform.
Audacity Capital's leading-edge technology and commitment to its traders have established it as a competitor in day trading, particularly with its powerful trading platform and attentive customer service squad. So, regardless of whether you are completely green to the industry or a trained trading assassin, Audacity Capital is a more than solid choice. Period. Audacity Cap, rounding out our list at #10!
TopTier Trader
TopTier Trader is a proprietary trading firm that offers a distinctive platform for traders globally. Their primary service is providing simulated funding, allowing traders to manage virtual funds and potentially scale their accounts up to $2 million, while retaining up to 90% of the virtual profits. This opportunity is designed to empower traders worldwide, offering a path to overcome financial barriers and focus on enhancing trading strategies.
The company has over five thousand traders around the world and boasts over 100 million dollars in simulated trading capital. Remarkably, 95% of their traders become profitable in their first year, highlighting the effectiveness of their approach.
TopTier Trader has a 2-Tier evaluation process to identify skilled traders for their proprietary firm. This process requires traders to demonstrate their skills and discipline by adhering to simulated trading objectives, growing their accounts to target amounts while observing drawdown limits and following specific trading rules. Successful traders then advance to the second tier, where they maintain their virtual profit levels and demonstrate consistent trading discipline to become verified members of the firm.
The process of simulated funding involves a refundable signup fee, which is returned upon the trader's first payout. Traders are encouraged to trade consistently, and as long as they are consistent and responsible, they can trade with no time limits and set their virtual profit targets.
FundedNext
FundedNext is a proprietary trading firm that empowers traders globally by offering them the opportunity to enhance their trading prowess. The firm stands out for allowing traders to manage up to $300,000 in a FundedNext account, where they can retain up to 95% of the profits. This highlights their commitment to sharing success and offering competitive advantages to their traders.
The company offers unique benefits such as a 15% profit share during the challenge phase, unlimited time for challenges, balance-based drawdown, and favorable trading conditions. These features are designed to support trader growth, ensuring a conducive environment for achieving trading milestones.
FundedNext's impact is global, with operations extending to over 195 countries and over $80 million in total payouts, demonstrating the trust and reliability it has cultivated among traders. The firm prioritizes prompt recognition of trader achievements, with payouts made within 24 hours, and a promise of an additional $1,000 for any delays, underlining their dedication to trader satisfaction.
With a focus on instant account access, professional support, and diverse trading challenges, FundedNext is committed to fostering a supportive and profitable trading environment. Its offerings cater to traders looking to leverage their skills in a platform that values growth and success.
What is a prop firm?
A proprietary trading firm, commonly known as a "prop firm," is a financial company that invests its own capital in various financial instruments, such as stocks, bonds, commodities, and currencies. Unlike traditional asset management firms, which manage client money, prop firms trade with their own funds, seeking to profit from market movements.
Prop firms often provide traders with access to significant amounts of capital, advanced trading technology, and various other resources. In return, traders usually receive a percentage of the profits they generate, with the firm covering the losses. This setup allows traders to leverage the firm's capital and resources to potentially achieve higher returns than they could on their own.
Key characteristics of prop firms include:
- Capital Provision: They provide traders with substantial capital to trade.
- Profit Sharing: Traders typically earn a portion of the profits they generate.
- Training and Support: Many prop firms offer training programs, mentoring, and support to help traders develop their skills.
- Risk Management: Prop firms implement strict risk management protocols to protect their capital.
- Advanced Technology: They provide traders with cutting-edge trading platforms and tools.
Overall, prop firms enable skilled traders to access the resources needed to maximize their trading potential.
Are Prop Firms Legal in the USA?
Yes, prop firms are currently legal in the USA. These firms have to comply with various regulatory requirements and laws set by financial regulatory bodies such as the SEC and the Financial Industry Regulatory Authority (FINRA).
Key regulatory aspects include:
- Registration and Licensing: Prop firms and their traders may need to be registered with the SEC and FINRA, depending on the nature of their trading activities and the financial instruments they trade.
- Compliance with Securities Laws: Prop firms must adhere to securities laws and regulations, including those related to market manipulation, insider trading, and reporting requirements.
- Risk Management and Capital Requirements: Prop firms must maintain adequate capital and implement risk management protocols to ensure financial stability and protect against significant losses.
- Transparency and Disclosure: Prop firms must provide clear and accurate disclosures to regulators and, in some cases, to their traders about the nature of their trading activities, risks, and financial positions.
While operating a prop firm is legal, it requires careful adherence to these regulations to ensure compliance and avoid legal issues. Most all of these legal prop firms require KYC.
How Do Prop Firms Make Money?
Proprietary trading firms (prop firms) make money primarily through the profits generated from trading their own capital in various financial markets. Here are the main ways they do this:
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Market Trading: Prop firms trade a variety of financial instruments, including stocks, bonds, commodities, currencies, options, and futures. They use different trading strategies, such as day trading, swing trading, and high-frequency trading, to profit from market movements.
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Leverage and Scale: By providing traders with access to significant amounts of capital, prop firms can amplify their trading positions, allowing them to take advantage of even small price movements in the markets. The larger the capital base, the more potential for higher profits.
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Profit Sharing with Traders: Prop firms often employ or partner with skilled traders, providing them with capital to trade. The profits generated are then shared between the firm and the traders. Typically, the firm takes a percentage of the profits, while the trader keeps the rest.
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Technology and Algorithms: Many prop firms develop and use advanced trading algorithms and proprietary software to identify trading opportunities and execute trades more efficiently. These technological advantages can give them an edge in the market and help generate consistent profits.
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Market Making: Some prop firms act as market makers, providing liquidity to the markets by continuously buying and selling financial instruments. They profit from the bid-ask spread, which is the difference between the buying and selling prices.
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Arbitrage Opportunities: Prop firms often engage in arbitrage, which involves taking advantage of price discrepancies between different markets or instruments. By simultaneously buying and selling to exploit these discrepancies, they can generate low-risk profits.
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Risk Management: Effective risk management is crucial for prop firms. By carefully managing their exposure and using techniques like hedging, they can protect their capital and ensure long-term profitability.
Overall, prop firms rely on their trading expertise, advanced technology, and effective risk management to generate profits from the financial markets.
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