10 Best Prop Firms 2024: Comprehensive Reviews and Rankings

Uncover the best prop firms of 2024 with our detailed reviews and rankings. Choose the best firm to elevate your trading!

Imagine turning your trading dreams into reality. With a prop firm, that’s exactly what’s possible. Prop firms, or funded trading firms, give you the capital to trade in real markets. In return, you share the profits you generate. It’s a win-win for talented traders like you, offering a path to a thriving trading career.

But with so many prop firms out there, choosing the right one can feel overwhelming. Fear not, aspiring trader! This guide is your one-stop shop for finding the perfect prop firm in 2024. We’ll break down the key factors to consider, explore the pros and cons of leading prop firms, and even provide a ranking based on what matters most. Whether you’re a newbie just starting your trading journey or a seasoned pro seeking that extra edge, picking the right prop firm can seriously impact your success.

What are Prop Firms?

So, what exactly are prop firms? Think of them as trading powerhouses. They provide the resources you need to trade in the financial markets on a much larger scale. Instead of being limited by your savings, prop firms offer access to significant capital “funded accounts” that allow you to amplify your potential returns and truly make a splash in the market.

How Prop Firms Work

Prop firms offer a win-win situation for both them and skilled traders. Here’s how it typically works:

Funded Accounts

Prop firms hand you the keys to a virtual treasure chest – the funded account. This allows you to trade with much more buying power than you ever could.

Evaluation Process

Before you get the green light, prop firms will put your skills to the test through an “evaluation process.” Think of it as your trading boot camp, often involving challenges where you showcase your ability to navigate the markets and manage risk effectively. These might involve hitting a specific profit target, staying within a set risk limit (think “maximum allowed loss”), or completing the challenge within a certain timeframe.

Performance-Based Compensation

Prop firms operate on a performance-based model. Essentially, if you generate profits using the funded account, you get a cut of the earnings. This is typically a profit-sharing arrangement, with the exact split varying between firms, but generally falling within a range of 60/40 to 80/20 – with the larger portion going to the successful trader.

Risk Management

Naturally, prop firms want to protect their investment in your talent. They implement strict risk management rules to ensure this. These might include limitations on the maximum trade size, stop-loss orders to automatically exit losing positions, and drawdown limits that define the maximum acceptable loss.

Criteria for Evaluating Prop Firms

Prop firms sound awesome, right? Big money, bigger profits! But hold on, there’s more to it than that. Before you dive in, use this checklist to find the prop firm that best fits your trading style and goals:

Money Matter

Account Size

Imagine this as your trading piggy bank. Prop firms offer different sizes, so choose one that feels comfortable based on your experience. Don’t jump into a giant piggy bank right away if you’re new to trading!

Leverage

This is like a magic trick in trading. It lets you control a bigger trade with less money from your piggy bank. Think of it like a magnifying glass for opportunities, but be careful! Just like zooming in too much can make things blurry, using too much leverage can lead to bigger losses.

Trading Tools

Platform Features

Think of the trading platform as your trading headquarters. You want it to be well-equipped with the tools you need to make informed decisions. This could include:

• Fancy Charts: Charts help you visualize price movements in the market. Imagine them like roadmaps, but for the financial world!
• Order Types: These are like instructions for your trades. Some platforms offer different order types, giving you more control over how you enter and exit positions. Choose a platform with options that suit your trading strategies.

Platform Power

A reliable and secure platform is like having a dependable spaceship. Imagine your internet crashing during a big trade? Not ideal! You want a platform that’s stable and protects your information.

Performance and Payouts

Evaluation Process

Some prop firms make you pass a test to get funded. Choose one with a fair test that fits your budget.

Profit Sharing

This is how much of the profit you keep. Look for a good split and compare any extra fees they charge.

Support System

When it comes to support, choose a prop firm that offers a helping hand. Look for resources like courses or mentors to sharpen your trading skills. Plus, a supportive community lets you connect and learn from other traders (remember, sharing is caring – and profitable!). And of course, responsive customer service is key in case you need help with your account.

Best Prop Firms in 2024: Detailed Reviews 

Navigating the landscape of prop firms can be both exciting and daunting for traders aiming to harness substantial capital and advanced trading tools. This detailed review explores some of the leading prop firms currently making waves in the industry. Each firm offers unique opportunities and benefits, catering to diverse trading styles and preferences. Whether you’re a seasoned trader looking to scale up or a novice eager to access professional resources, understanding the nuances of these top prop firms can significantly influence your trading journey.

1. Funding Pips

Established in 2022, Funding Pips is a Dubai-based forex prop firm offering aspiring traders the chance to trade with substantial capital (up to $2 million) through a tiered funding program. They focus on providing opportunities for traders with limited capital and emphasize flexibility in trading styles.

Funding Options

With a range of account sizes from $5,000 to $100,000 and one-time participation fees between $32 and $399, you can find a suitable program at Funding Pips. Their multi-step evaluation programs, which can eventually lead to trading with up to $2 million in capital, vary in required profit targets and maximum daily/total losses, allowing you to choose the one that aligns best with your comfort level and risk tolerance.

Trading Platform

Funding Pips partners with Black Bull Group Limited, a regulated broker, to execute trades on the popular MetaTrader 5 (MT5) platform. MT5 is a user-friendly platform with extensive tools for technical analysis, making it ideal for research and strategy development.

Performance and Profit Split

Boasting an attractive profit-sharing model, Funding Pips allows you to keep 80-90% of the profits once you achieve funded account status, with Funding Pips taking a smaller share of 20-10%. Payouts are processed efficiently, typically within 3 hours of request. You can request a payout anytime after completing your first successful trade, with a minimum withdrawal requirement of 1% of your initial account balance.

User Experience

Enjoying a strong reputation on Trustpilot, Funding Pips boasts an impressive average rating of 4.5 stars from over 11,000 reviews. They aim to support traders at all stages of their journey. Beginners can access a wealth of educational resources, including video tutorials, blog posts, and workshops, to hone their trading skills and confidence. Their dedicated support team is readily available via various channels (social media, email) to answer your questions and address any concerns. While some users praise their experience, others report challenges with account activation and the profit-sharing model.

Pros

• Access to substantial funding (up to $2 million)
• High profit share (80-90%) for funded accounts
• Flexible trading rules (weekend trading, overnight positions allowed)
• Scalability program increases account size with successful performance
• User-friendly MetaTrader 5 platform
• Excellent customer support
• Weekly payouts
• Competitive fees

Cons

• No free trial available
• Relatively new company (established 2022)
• Mixed customer reviews (some report issues)
• Participation fees can be high for beginners

2. TopTier Trader

TopTier Trader is a prop firm established to bridge the gap between aspiring traders and substantial capital. Here’s a breakdown of their offerings, potential benefits, and drawbacks to help you decide if it aligns with your goals.

Funding Options

TopTier Trader provides traders with various funding options tailored to different trading styles and account sizes. Traders can choose from account sizes ranging from $5,000 up to $300,000, with the most popular choice being $100,000. The firm allows customization of account sizes to fit individual preferences at checkout. Traders undergo a rigorous 2-Phase evaluation process remotely, aiming to scale up to $2 million based on performance.

Additional Features and Conditions

• Minimum Trading Days: Traders must participate in a minimum of 4 trading days.
• Leverage Options: Leverage varies by asset class, with an add-on feature available to increase leverage up to 1:100 for Forex, 1:40 for Gold & Commodities, 1:30 for Indices, and 1:20 for Crypto.
• Profit Targets: Aim for a 10% gain during the Challenge phase and a 5% gain during the Verification phase, with flexibility in achieving these targets over an open-ended trading period.
• Equity Protection: Ensure that a trader’s equity does not drop more than 10% from the initial balance and 5% from the day’s starting balance or equity, whichever is higher.
• Add-ons: Customize trading conditions with options including 14-day payouts, higher profit splits (90/10), trading during news events, holding positions over weekends, and using unrestricted Expert Advisors (EAs).

Trading Platform

Traders at TopTier Trader utilize a user-friendly trading platform that supports trading across multiple asset classes including forex, commodities, indices, and cryptocurrencies. The platform is equipped with advanced tools and features to enhance trading efficiency and performance.

Performance and Profit Split

Successful traders at TopTier Trader can expect a profit split ranging from 80% to 90%, allowing them to retain a significant portion of their earnings. The firm sets clear profit targets of 10% during the Challenge phase and 5% during the Verification phase, with flexibility in achieving these targets over an open-ended trading period.

User Experience

According to Trustpilot, TopTier Trader maintains a solid reputation with a rating of 4.5 out of 5 stars from 3601 reviews. Positive feedback highlights exceptional customer service and support, with users praising the team for clear communication and prompt assistance in navigating the evaluation process.

Pros

• Scalable Funding: Start with a smaller account and gradually scale up based on your performance.
• Flexible Options: Customize your account to suit your individual trading style and risk tolerance.
• Competitive Profit Split: Earn a significant portion of the profits you generate.
• Comprehensive Support: Receive guidance and support throughout your trading journey.
• Community: Connect with a supportive community of traders.

Cons

• Evaluation Process: The evaluation process can be challenging and requires consistent performance.
• Platform Limitations: The specific platform used may have certain limitations or restrictions.

Discover more in our detailed TopTier Trader review. 

3. Funded Trading Plus

Funded Trading Plus has rapidly emerged as a leading provider of prop trading opportunities. Their extensive range of programs underscores their swift growth in the industry. Featuring clear and straightforward rules, they offer competitive pricing and up to a 90% profit split. Their entry-level program begins at $5,000, enabling traders to trade with capital allocations up to $2,500,000.

Funding Options

Funded Trading Plus provides three programs with different funding levels:

• One Phase (Experienced): Account sizes range from $12,500 to $200,000. Requires passing a single evaluation phase.
• Two-Phase (Premium & Advanced): Account sizes range from $25,000 to $200,000. Requires passing two separate evaluation phases.
• Instant- No Evaluation (Master): Account sizes range from $5,000 to $100,000. No evaluation required, but has a higher upfront fee.

Trading Platform

Funded Trading Plus utilizes the popular MetaTrader platform for your trading activities. This platform offers flexibility in trading strategies, allowing the use of Expert Advisors (EAs) with certain limitations.

Performance and Profit Split

The profitability at Funded Trading Plus depends on the program you choose. Each program has its own profit target and maximum risk limits. The good news is that they offer a tiered profit split, meaning you can keep a larger portion of the earnings as your profits grow. You start with an 80/20 split (company/trader) and can work your way up to 90/10 or even keeping all the profits (100/0) for yourself.  There’s also flexibility in terms of accessing your earned money. With most programs, you can withdraw profits weekly, though the “Instant” program has a one-week waiting period before your first withdrawal.

User Experience

User experiences with Funded Trading Plus paint a mixed picture. On the positive side, many users on Trustpilot (where they hold a noteworthy 4.8-star rating with over 2,125 reviews) praise the platform’s smooth withdrawal process, highlighting the ease of receiving earned profits. Additionally, positive reviews commend Funded Trading Plus for its excellent customer support, indicating a team that readily addresses trader inquiries. Transparency and trustworthiness are also recurring themes in positive user feedback, suggesting a sense of security and clear communication from the firm.

However, not all experiences are sunshine and rainbows. Negative reviews mention occasional issues with the trading platform freezing, particularly during crucial moments like trade closure. Additionally, some users report instances of a lack of responsiveness from customer support, causing frustration and hindering their trading activities.

Pros

• Multiple funding options with varying account sizes.
• Demo accounts to practice before risking real capital.
• Opportunity to earn significant profits with a high profit split.
• Flexibility in trading strategies (including EAs).

Cons

• Upfront fees for some programs.
• Strict rules and potential account closure for exceeding drawdown limits.
• Reported issues with the trading platform.
• Mixed user reviews.

Discover more in our detailed review of Funded Trading Plus.

4. The5ers

The5ers is a platform designed to support and develop talented forex traders, offering them the opportunity to transition to full-time trading. Established in 2016 by two experienced traders who lacked the capital to fully exploit market opportunities, The5ers aims to empower both beginner and experienced traders by providing resources and funding.

Funding Options

Offering a tiered system with various account sizes and risk profiles, The5ers caters to different trading styles, allowing traders to choose an option that aligns with their comfort level and risk tolerance. There are four funding tiers, ranging from $24,000 to $80,000 in instant funding. Each tier has a one-time participation fee ranging from $275 to $875.

Trading Platform

The5ers utilizes the widely recognized MetaTrader 5 (MT5) platform. This user-friendly platform provides advanced functionalities for comprehensive market analysis.

Performance and Profit Split

Utilizing a profit-sharing model, The 5ers retains 50% of the profits generated on funded accounts, which may be higher compared to some competitors. They also impose a limit of one free withdrawal per month, with subsequent withdrawals incurring a minimum fee of $15 or a 3% processing charge.

User Experience

On Trustpilot, The5ers is well-regarded with an average rating of 4.9 stars from over 4,884 reviews. Users appreciate the platform’s responsiveness, educational resources, and strong customer support. Nonetheless, some negative feedback mentions difficulties with account activation and the profit-sharing model.

Pros

• Access to instant funding up to $4 million
• Trade without risking your own capital
• Diverse program options to suit different needs
• Wide range of tradable assets
• User-friendly MT5 platform
• Extensive educational resources
• Frequent payouts and potential for account growth
• All trading systems welcome
• Excellent customer support

Cons

• Participation fees can be high compared to some competitors
• Limited leverage options
• Time limits on Level 1 accounts (evaluation stage)
• Profit-sharing model might be expensive for high-volume traders

Discover more in our detailed The5ers review.

5. FundedNext

FundedNext bridges the gap between aspiring traders and substantial funding. It allows traders to manage funded accounts of up to $300,000 (scaling plan can reach $4 million) while keeping up to 90% of the profits generated. This financial backing can significantly elevate trading activities and accelerate financial goals.

Funding Options

FundedNext offers a variety of challenge models to cater to different trading styles and risk tolerances. These include:

1. Stellar Model: Known for its simplicity, this model offers both single-phase and two-phase evaluations with clear rules and profit targets.
2. Evaluation Model: Designed for achieving realistic profit targets over two phases to qualify for funded accounts.
3. Express Model: Offers a rapid path to funding with a single-phase challenge and a 25% profit target.

Flexible Account Sizes: Traders can select account sizes ranging from $6,000 to $200,000, providing flexibility to choose a level that suits their trading goals and risk tolerance.

Refundable Fees: Subscription fees associated with the challenge phases are fully refundable upon successful completion, ensuring transparency and financial flexibility for traders.

Trading Platform

Empowering traders with a selection of industry-leading trading platforms, MT4 and MT5, FundedNext features user-friendly interfaces equipped with advanced functionalities tailored to meet analytical needs. In addition to these, FundedNext offers a unique Trading Terminal feature designed to integrate comprehensive chart analysis seamlessly with direct trade execution, all within a single platform.

Performance and Profit Split

Generous Profit Sharing: FundedNext offers an impressive profit-sharing model, allowing you to retain up to 90% of your profits on funded accounts.

15% Profit Payout During Challenge: Earn a 15% share of the profits even during the challenge phase in most models.

User Experience

Providing a seamless user experience with a straightforward onboarding process and robust customer support, FundedNext has earned a commendable Trustpilot rating of 4.5 from 15,498 reviews. Traders value the platform’s flexibility in supporting diverse trading strategies such as intraday trading, scalping, and swing trading. Coupled with educational resources like an economic calendar and market analysis tools, FundedNext equips traders with valuable insights for informed trading decisions, solidifying its reputation as a reliable choice for accessible funding and strong support.

Pros

• Flexible challenge models for diverse trading styles
• Generous profit-sharing structure (up to 90%)
• Refundable subscription fees
• Access to substantial funding (up to $4 million)
• Support for various trading strategies
• Multiple trading platforms (MT4, MT5)
• Educational resources and economic calendar
• Excellent customer support

Cons

• Relatively new prop firm compared to some competitors
• Specific rules and drawdown limitations for each model
• News trading limitations in certain models

Discover more in our detailed FundedNext review.

6. FTMO

FTMO positions itself as a springboard to financial independence for traders. The platform allows them to trade up to $200,000 on an FTMO account and keep up to 90% of the profits generated. This financial backing can be a game-changer, enabling traders to significantly scale their activities and achieve their financial goals.

Funding Options

FTMO offers two primary account types tailored to different risk tolerances:

• Normal Account: Ranging from $10,000 to $200,000, with flexible refundable fees.
• Aggressive Account: Starting at $10,000 up to $100,000, designed for traders with a higher risk tolerance.

Trading Platform

FTMO provides access to robust trading infrastructure on popular platforms such as MetaTrader 4, MetaTrader 5, and cTrader. These platforms offer low latency execution and access to a pool of prime liquidity providers, ensuring optimal trading conditions.

Performance and Profit Split

Profit Sharing and Scaling at FTMO are designed to maximise trader earnings. With a generous profit-sharing model, traders retain up to 90% of their profits. Additionally, FTMO’s Scaling Plan rewards consistent profitability by increasing account balances by 25% every four months, providing traders with expanded capital for trading activities.

User Experience

FTMO boasts a strong reputation with an impressive 4.8-star rating on Trustpilot based on 12,156 reviews. Users appreciate:

• Fast Withdrawals: Many users report receiving their payouts within just 14 days, and some experience even quicker processing times, receiving funds on the very day they are processed.
• Supportive Community: FTMO maintains an active and responsive customer support team, available even on weekends. This accessibility ensures traders receive prompt assistance whenever they need it, fostering a supportive environment that enhances overall satisfaction and confidence in the FTMO platform.

Pros

• Access to substantial trading capital
• Generous profit-sharing model (up to 90%)
• Flexible account options with varying risk profiles
• Scaling Plan for consistent traders
• Free trial account
• Fast payouts
• Supports popular trading platforms

Cons

• Challenges can be demanding with specific rules and targets
• Fees associated with the challenges (though refundable if successful)
• Some user reviews mention occasional technical issues

Discover more in our detailed FTMO review.

7. E8 Markets

E8 Markets, a prop trading firm established in 2021 and based in Dallas, Texas, has become a prominent player in the industry. They offer a variety of programs catering to different trader needs and experience levels.

Funding Options

Traders at E8 Markets benefit from flexible funding options across three challenge types:

• E8 Account: A two-phase challenge allowing traders to choose from Euro, Dollar, and Pound denominations with account sizes ranging up to $200,000.
• E8 Track: A three-phase challenge offering similar flexibility in account sizes and denomination choices.
• E8 Custom Evolution Challenges: Tailored two or three-phase challenges allowing traders to select account sizes ranging from $5,000 to $200,000, with customizable profit and drawdown targets.

Trading Platform

E8 Markets operates on the MatchTrader platform, renowned for its reliability and user-friendly interface. The platform offers average spreads across various instruments, supporting traders with essential tools for executing trades and monitoring market movements in real-time. 

Performance and Profit Split 

Upon successfully completing a challenge, traders at E8 Markets benefit from an attractive profit split, retaining up to 80% of their trading profits. Additionally, traders may receive a 5% initial payout bonus on their first withdrawal, enhancing early returns. The Drawdown Scaling Plan enables traders to increase their account size and maximum drawdown limits progressively as they achieve profitability, supporting sustainable growth in trading activities.

User Experience 

E8 Markets maintains a strong reputation with an impressive overall rating of 4.7 out of 5 based on 1,750 reviews from Trustpilot. Users commend E8 Markets for responsive customer service and the efficient MT5 trading panel, highlighting its immediate execution capabilities. While some users have reported occasional challenges with payout processing and technical glitches, E8 Markets actively addresses these issues with a dedicated effort to improve service quality and customer satisfaction.

Pros

• Structured challenge types catering to diverse trading preferences.
• Flexible funding options with account sizes up to $200,000.
• Competitive profit split (up to 80%) and potential 5% initial payout bonus.
• Drawdown Scaling Plan supporting account growth alongside profitability.

Cons

• Occasional issues reported with payout processing and technical support.
• Room for improvement in transparency and communication regarding platform updates.

Discover more in our detailed E8 Market review.

8. FXIFY

FXIFY is a leading proprietary trading firm offering traders access to up to $400,000 in proprietary funds. Specializing in prop trading, FXIFY allows traders to trade using corporate funds rather than personal capital, aiming to profit from short-term market opportunities. Successful traders receive a portion of the profits they generate, making prop trading an attractive option for skilled investors seeking higher returns without significant personal risk.

Funding Options

FXIFY caters to traders of varying experience levels with its flexible funding options. You can choose your initial capital size from a generous range, starting at $25,000 and reaching a substantial $400,000. 

To qualify for a live account, you can opt for the One-Phase program, requiring a 10% profit target within 30 days. Alternatively, the Two-Phase program offers a more gradual approach with two profit targets within set timeframes. 

Both programs allow you to upgrade to unlimited days if needed, and the assessment fees you pay are transparent and refundable upon your first successful payout.

Trading Platform

FXIFY partners with FXPIG, a reputable FX and CFD brokerage, ensuring traders enjoy superior trade execution and professional support. The platform supports over 300 tradable assets, including forex, stocks, precious metals, cryptocurrencies, and more, offering a diverse range of trading opportunities.

Performance and Profit Split

FXIFY sets you up for success with both achievable profit targets and a generous profit split, allowing you to earn up to 90% of your trading profits. The best part? Unlike most prop firms that make you wait weeks for payouts, FXIFY lets you enjoy your earnings after your first profitable trade on a funded account.

User Experience

According to Trustpilot, FXIFY maintains a strong reputation with a rating of 4.5 out of 5 stars from 1987 reviews. Traders appreciate FXIFY for its clear and structured approach to prop trading, transparent rules, and efficient payout processes. 

They also praise the firm’s responsive customer service, which provides quick assistance and resolves queries effectively. FXIFY’s robust trading dashboard with real-time analytics is highlighted as a valuable tool for traders, offering insights that aid in decision-making and strategy refinement. 

Pros

• Generous profit splits up to 90%.
• Robust trading dashboard with real-time analytics.
• Fast payout structure, including initial payouts after the first profitable trade.
• Comprehensive support and tools from FXPIG.

Cons

• Some users reported delays and restrictions after initial funding.
• Limited live customer service hours, currently from 4 a.m. to 1 p.m. EST.

9. Finotive Funding

Finotive Funding, established in April 2021 by Oliver Newland, is a prop firm offering retail traders access to larger capital for forex trading. Their mission is to empower traders by providing structured funding programs and facilitating a pathway to full-time trading careers.

Funding Options

Finotive Funding offers three distinct programs catering to different risk tolerances and experience levels:

• Two-Step Challenge: A multi-phase program with progressively higher account sizes (up to $200,000). Each phase has specific profit targets and drawdown limits. Fees range from $50 to $950 depending on the account size.
• One-Step Challenge: A faster track with a single evaluation phase demanding a higher profit target (10%) but with stricter drawdown limits. Fees range from $60 to $1,140 based on the account size.
• Instant Funding: Provides immediate access to capital without evaluation but has the highest upfront fees ($95 to $5,280). Offered in Standard and Aggressive versions with varying risk parameters and profit share.

Trading Platform

Finotive Funding utilizes the popular MetaTrader 5 platform, known for its user-friendliness and customization options.

Performance and Profit Split

Performance requirements depend on the chosen program. The Challenge programs emphasize risk management with lower profit targets (7.5% and 5% in phases) and stricter drawdown limits. Instant Funding has no profit target but imposes a time limit (90 days) to achieve profitability.

Finotive Funding boasts a competitive profit split of up to 95% for successful traders, aligning their success with yours.

User Experience

Reviews on Trustpilot (with an average rating of 3.8 stars) paint a mixed picture. Positive experiences highlight prompt customer support and a smooth withdrawal process. However, negative reviews mention issues with platform functionality and occasional rejections during the evaluation process with seemingly unclear reasons.

Pros:

• Diverse funding options catering to various experience levels.
• Scalable accounts, allowing access to capital up to $200,000.
• Competitive profit split with potential for high rewards.
• User-friendly MetaTrader 5 platform (for those familiar with it).

Cons:

• Mixed user reviews regarding platform functionality and evaluation processes.
• Upfront fees for some funding options, especially Instant Funding.
• Non-refundable fees, unlike some prop firms.
• Limited support channels (email, live chat).
• Relatively new company (established in 2021).
• Higher-than-average risk score according to some sources.
• Potential lack of support for Expert Advisors (EAs).

10. FunderPro

FunderPro gives aspiring traders the chance to manage real capital, up to $200,000. Here’s a simple breakdown to help you decide if it’s right for you.

You start by taking a “challenge” to prove your trading skills. If you pass, you get access to a funded account with real money. FunderPro offers three types of challenges to fit different trading styles: Fast Track, Regular, and Swing.

Funding Options

• The Fast Track challenge is the quickest way to get funded, requiring traders to clear only one phase. It offers leverage of 1:50 for Forex, 1:10 for Metals, Oil, and Indices, and 1:2 for Crypto. This challenge is ideal for traders with a proven strategy who want to start trading with real capital as soon as possible. 
• The Regular challenge allows for higher leverage and has fewer restrictions, requiring traders to clear two phases. It offers leverage of 1:100 for Forex, 1:200 for Metals, Oil, and Indices, and 1:100 for Crypto, making it suitable for intraday traders looking to maximize returns. 
• The Swing challenge is perfect for traders who prefer to hold positions for longer periods and trade trends. It also requires clearing two phases, with leverage of 1:30 for Forex, 1:10 for Metals, Oil, and Indices, and 1:1 for Crypto. This challenge allows traders to hold positions over news and weekends, with no minimum trading days required, ideal for riding long-term market trends.

Excitingly, all three challenges offer account sizes ranging from $25,000 to a whopping $200,000! The specific leverage available for each challenge type and instrument (Forex, Metals, etc.) varies. You can find all the details on FunderPro’s website, but leverage can go up to 1:200 in some cases.

Trading Platform

FunderPro uses TradeLocker, an app that integrates with TradingView tools and charts. This might be a plus for traders familiar with TradingView, but less so for those comfortable with standard platforms like MT4/MT5.

Performance and Profit Split

You keep 80% of the profits generated in your funded account. Daily payouts are possible if your account is in profit and exceeds $100. No minimum trading days are required for the Swing challenge, allowing for longer-term strategies.

User Experience

FunderPro has garnered significant attention from traders, scoring a respectable 4.2 out of 5 stars on TrustPilot based on 322 reviews. This suggests a generally positive sentiment among its user base. However, like any platform, reviews are mixed. Some users praise the excellent customer support and the TradeLocker app. Others report issues with order execution quality and discrepancies between running trades and final historical data.

Pros

• Access to real capital with a successful challenge.
• Multiple challenge types to suit different trading styles.
• Daily payouts and high profit split (80%).
• Responsive customer support (according to some reviews).

Cons

• Potential order execution issues (based on some user reviews).
• Discrepancies reported between running trades and historical data (according to some user reviews).
• TradeLocker platform may not be familiar to all traders used to MT4/MT5.

Comparison Table

For traders seeking funded accounts, this table provides a side-by-side comparison of key features to help you select the most suitable prop firm. Safepropfirms also offers a discount code for you.

Firm	Funding Options	Trading Platforms	Profit Split	Discount Code
FunderPro	$25,000 to $200,000	TradeLocker	Up to 80%
Funded Trading Plus	$5,000 to $200,000	MetaTrader	Up to 100%	SPF10
Finotive Funding	Up to $200,000	MetaTrader 5	Up to 95%
TopTier Trader	Up to $2,000,000	MetaTrader	Up to 90%	SPF
FXIFY	$25,000 to $400,000	FXPIG	Up to 90%
E8 Markets	$5,000 to $200,000	MatchTrader	Up to 80%
FTMO	$10,000 to $200,000	MetaTrader 4, MetaTrader 5, and cTrader	Up to 80%
FundedNext	Up to $4,000,000	MetaTrader 4, MetaTrader 5	Up to 90%
The5ers	$24,000 to $80,000	MetaTrader 5	50%	SPF5
Funding Pips	Up to $2 million	MetaTrader 5	80-90%

Conclusion

The prop firm landscape offers a wealth of opportunities for aspiring and seasoned traders alike. With access to substantial capital and the potential for high returns, prop trading can be a powerful tool to elevate your trading career. However, choosing the right prop firm is crucial for maximizing your success.

Remember, not all prop firms are created equal. Each firm comes with its unique set of funding options, trading platforms, performance requirements, and profit splits. By carefully considering your trading experience, risk tolerance, and financial goals, you can narrow down the options and find a prop firm that aligns perfectly with your trading style.

Don’t be afraid to delve into the details and thoroughly research your options. Read reviews, compare features, and understand the fine print before committing to a program. Remember, a prop firm should be a partner in your trading journey, empowering you with the resources and support you need to thrive.