22 Best Forex Prop Firms of 2024 • Prop Firm Hero (2024)

Find and compare the best Forex Prop Firms in 2024

Use the comparison tool below to find and compare the top Prop Trading Firms for Forex Trading on the market. You’ll find detailed information about the founding date, founders, type of pro firm, account sizes, platforms, profit split details, and more.

22 Best Forex Prop Firms of 2024 • Prop Firm Hero (1)

FTMO

FTMOis a prop firm forforextrading that was founded in 2015 by Otakar Suffner. The company has its headquarters in the Czech Republic. Traders atFTMOcan participate in a 2-step trading challenge, with account sizes ranging from $10,000 to $200,000, in order to get funded. The available trading platforms are MetaTrader 4, MetaTrader 5, cTrader and DXtrade. The profit split is set to 80%, which means that funded traders can withdraw 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (2)

SurgeTrader

SurgeTraderis a prop firm forforextrading that was founded in 2011 by Jana Seaman. The company has its headquarters in the United States. Traders atSurgeTradercan participate in a 1-step or 2-step trading challenge, with account sizes ranging from $25,000 to $500,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 75/100 to 90/100, which means that funded traders can withdraw 75% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (3)

FundedNext

FundedNextis a prop firm forforextrading that was founded in 2022 by Abdullah Jayed. The company has its headquarters in the United Arab Emirates. Traders atFundedNextcan participate in a 1-step or 2-step trading challenge, with account sizes ranging from $6,000 to $200,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 60/100 to 90/100, which means that funded traders can withdraw 60% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (4)

The5ers

The5ersis a prop firm forforextrading that was founded in 2016 by Gil Ben Hur. The company has its headquarters in Israel. Traders atThe5erscan participate in a 1-step, 2-step and instant funding trading challenge, with account sizes ranging from $5,000 to $100,000, in order to get funded. The available trading platform is MetaTrader 5. The profit split ranges from 50/100 to 100/100, which means that funded traders can withdraw 50% - 100% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (5)

The Funded Trader

The Funded Traderis a prop firm forforextrading that was founded in 2020 by Angelo Ciaramello, Blake Olson and Carlos Rico Jr. The company has its headquarters in the United States. Traders atThe Funded Tradercan participate in a 1-step and 2-step trading challenge, with account sizes ranging from $5,000 to $400,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 80/100 to 90/100, which means that funded traders can withdraw 80% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (6)

FXIFY

FXIFYis a prop firm forforextrading that was founded in 2023 by Peter Brown and David Bhidey. The company has its headquarters in the United Kingdom. Traders atFXIFYcan participate in a 1-step and 2-step trading challenge, with account sizes ranging from $15,000 to $400,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 75/100 to 90/100, which means that funded traders can withdraw 75% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (7)

Finotive Funding

Finotive Fundingis a prop firm forforextrading that was founded in 2021 by Oliver Newland. The company has its headquarters in Hungaria. Traders atFinotive Fundingcan participate in a 1-step, 2-step and instant funding trading challenge, with account sizes ranging from $2,500 to $200,000, in order to get funded. The available trading platform is MetaTrader 5. The profit split ranges from 75/100 to 95/100, which means that funded traders can withdraw 75% - 95% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (8)

True Forex Funds

True Forex Fundsis a prop firm forforextrading that was founded in 2021 by Richard Nagy. The company has its headquarters in Hungary. Traders atTrue Forex Fundscan participate in a 1-step and 2-step trading challenge, with account sizes ranging from $10,000 to $200,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split is set to 80%, which means that funded traders can withdraw 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (9)

Skilled Funded Traders

Skilled Funded Tradersis a prop firm forforextrading that was founded in 2022 by Omar Agag, Palden Bhutia, and Riz Iqbal. The company has its headquarters in the United States. Traders atSkilled Funded Traderscan participate in a 2-step trading challenge, with account sizes ranging from $5,000 to $200,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 80/100 to 90/100, which means that funded traders can withdraw 80% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (10)

FunderPro

FunderProis a prop firm forforextrading that was founded in 2023 by Gary Mullen. The company has its headquarters in Malta. Traders atFunderProcan participate in a 2-step trading challenge, with account sizes ranging from $25,000 to $200,000, in order to get funded. The available trading platform is TradeLocker. The profit split is set to 80%, which means that funded traders can withdraw 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (11)

FundingPips

FundingPipsis a prop firm forforextrading that was founded in 2023 by Khaled Ayesh. The company has its headquarters in the United Arab Emirates. Traders atFundingPipscan participate in a 2-step trading challenge, with account sizes ranging from $5,000 to $100,000, in order to get funded. The available trading platform is MetaTrader 5. The profit split ranges from 80/100 to 90/100, which means that funded traders can withdraw 80% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (12)

City Traders Imperium

City Trader Imperiumis a prop firm forforextrading that was founded in 2018 by Daniel Martin and Martin Najat. The company has its headquarters in the United Kingdom. Traders atCity Trader Imperiumcan participate in a 1-step, 2-step and instant funding trading challenge, with account sizes ranging from $2,500 to $100,000, in order to get funded. The available trading platform is MetaTrader 5. The profit split ranges from 50/100 to 100/100, which means that funded traders can withdraw 50% - 100% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (13)

Ment Funding

Ment Fundingis a prop firm forforextrading that was founded in 2021 by Anton Calmes. The company has its headquarters in the United States. Traders atMent Fundingcan participate in a 1-step trading challenge, with account sizes ranging from $25,000 to $2,000,000, in order to get funded. The available trading platforms are not officially disclosed. The profit split is not officially declared.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (14)

OFP Funding

OFP Fundingis a prop firm forforextrading that was founded in 2023 by Ruggero Catalano. The company has its headquarters in the United Arab Emirates. Traders atOFP Fundingcan participate in an instant demo trading account challenge, with account sizes ranging from $5,000 to $100,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 26/100 to 80/100, which means that funded traders can withdraw 26% - 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (15)

Funded Trading Plus

Funded Trading Plusis a prop firm forforextrading that was founded in 2021 by Simon Massey, James and Michael (the last names are not officially disclosed). The company has its headquarters in the United Kingdom. Traders atFunded Trading Pluscan participate in a 1-step, 2-step and instant funding trading challenge, with account sizes ranging from $5,000 to $200,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split is set to 80%, which means that funded traders can withdraw 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (16)

Lux Trading Firm

Lux Trading Firmis a prop firm forforextrading that was founded in 2021. The founder of the company has not been officially disclosed. The company has its headquarters in Saint Lucia (Caribbean). Traders atLux Trading Firmcan participate in a 2-step trading challenge, with account sizes ranging from $25,000 to $1,000,000, in order to get funded. The available trading platforms are The Lux Trader and MetaTrader 5. The profit split is set to 75%, which means that funded traders can withdraw 75% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (17)

Fidelcrest

Fidelcrestis a prop firm forforextrading that was founded in 2018. The founder is not officially disclosed. The company has its headquarters in Cyprus. Traders atFidelcrestcan participate in a 2-step trading challenge, with account sizes ranging from $15,000 to $1,000,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 80/100 to 90/100, which means that funded traders can withdraw 80% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (18)

FTUK

FTUKis a prop firm forforextrading that was founded in 2021. The name of the founder is not officially disclosed. The company has its headquarters in the United Arab Emirates. Traders atFTUKcan participate in a 1-step and instant funding trading challenge, with account sizes ranging from $14,000 to $90,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split is set to 80%, which means that funded traders can withdraw 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (19)

InstantFunding.io

InstantFunding.iois a prop firm forforextrading that was founded in 2022. The founder is not officially disclosed. The company has its headquarters in the United Kingdom. Traders atInstantFunding.iocan participate in a 1-step, 2-step and instant funding trading challenge, with account sizes ranging from $1,250 to $200,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split ranges from 70/100 to 90/100, which means that funded traders can withdraw 70% - 90% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (20)

Maven Trading

Maven Tradingis a prop firm forforextrading that was founded in 2023. The founder is not officially disclosed. The company has its headquarters in Canada. Traders atMaven Tradingcan participate in a 1-step and 2-step trading challenge, with account sizes ranging from $2,000 to $200,000, in order to get funded. The available trading platform is MetaTrader 5. The profit split is set to 80%, which means that funded traders can withdraw 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (21)

Bespoke Funding Program

Bespoke Funding Programis a prop firm forforextrading that was founded in 2023. The founder and the company headquarters are not officially disclosed. Traders at theBespoke Funding Programcan participate in a 2-step trading challenge, with account sizes ranging from $10,000 to $400,000, in order to get funded. The available trading platforms are MetaTrader 4 and MetaTrader 5. The profit split is set to 80%, which means that funded traders can withdraw 80% of the profits made.

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22 Best Forex Prop Firms of 2024 • Prop Firm Hero (2024)

FAQs

What is the most trusted prop firm in 2024? ›

Quick Look: Best Prop Trading Firms
  • Best Futures Prop Firm: Apex Trader Funding.
  • 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.
  • Best for Instant Funding: Instant Funding.
5 days ago

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.

Which prop firm is better than FTMO? ›

Who are FTMO Top Competitors? FTMO 's top competitors in June 2024 are: FunderPro, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

Which prop firm has the fastest payout? ›

Who offers the quickest payouts among prop trading firms? 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.

Did FTMO ban US traders? ›

In what appears to be related to the latest MetaQuotes crackdown on the proprietary trading landscape, prop firm FTMO has stopped onboarding US clients, Finance Magnates has learned. New traders attempting to register from a US IP address were unable to complete the registration form.

Are forex prop firms worth it? ›

The potential earnings from such an account depend on the profit split and the trader's ability to generate profits. Forex prop firms can be worth it for traders who have a reliable trading method and can manage risk effectively.

Which is the best company for forex trading? ›

Best Forex Trading Platforms in 2024
  • PrimeXBT: Best Forex trading platforms Overall.
  • Lite Forex: Best for CFDs on Commodities.
  • JustForex: Best for Multi Assets.
  • FXTM: Best With High Floating Leverage and Fast Execution.
  • PLUS500: Best Option to Trade CFDs.
  • AvaTrade: Best Forex Trading Platforms for Leverage.
Jan 19, 2024

How to know if a prop firm is legit? ›

Look For A Transparent & Fair Profit-Sharing Model

Legit prop funding firms also offer a transparent, fair, and competitive profit-sharing model. Transparent profit shares are foundational to a dependable and trustworthy prop trading firm.

How many traders pass prop firm? ›

The article from Lux Trading Firm provides slightly different results. 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.

What are the negatives of prop firms? ›

👎 Cons of Prop Trading

Less Regulation: Many prop trading firms, especially those offering remote trading, are not heavily regulated. This can reduce operating costs but increases the risk of losing capital due to potential fraud or mismanagement.

What is the best prop firm for forex? ›

Learn about the Best 10 Forex Prop Trading Firms of 2024 based on our Personal Experience!
Prop Trading FirmDiscount Percentage (%)Prop Firm Website
Prop Trading FirmFunderPro15%
Prop Trading FirmFinotive Funding5% discount + 5% profit split increase
Prop Trading FirmFTUK5%
Prop Trading FirmBlue Guardian10%
25 more rows

What is the cheapest prop firm? ›

Cheapest Prop Firms Forex 2024 - with $5K Funding Accounts...
  1. The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
  2. FTMO. ...
  3. MyForexFunds. ...
  4. Earn2Trade. ...
  5. The Funded Trader Program. ...
  6. OneUp Trader. ...
  7. Apex Trader Funding. ...
  8. True Trader.
Feb 27, 2024

Which prop firm is the most reliable? ›

The 8 Best Prop Trading Firms for 2024: Most Trusted, Best Promos, Best Trading Conditions
  • Review Summary.
  • My Top Pick: Topstep Futures – 9.4/10 (Best Current Promotion) Pros. ...
  • #2: The 5%ers – 9.2/10. ...
  • #3 FTMO – 9.0/10. ...
  • Interlude: Note on prop firms #4-#8.
  • #4 Lux Trading- 8.7/10.
  • #5 FundedNext – 8.5/10.
  • #6: Funding Pips- 8.3/10.

Which prop firm to trust? ›

Overview: Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

What is the future of prop firms? ›

The prop trading space is relatively new—no more than 10 years old—but growing fast. It was estimated at $6.7 billion globally in 2020 and is projected to expand at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028. Like any financial strategy, it offers significant opportunities as well as risks.

Which prop firm has the lowest fees? ›

Cheapest Prop Firms Forex 2024 - with $5K Funding Accounts...
  1. The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
  2. FTMO. ...
  3. MyForexFunds. ...
  4. Earn2Trade. ...
  5. The Funded Trader Program. ...
  6. OneUp Trader. ...
  7. Apex Trader Funding. ...
  8. True Trader.
Feb 27, 2024

How legit is funded next? ›

The answer is yes. Funded Next is a legitimate trading platform with a good reputation among its users. They are regulated by the IFSC, which ensures that they comply with strict financial regulations and guidelines. Additionally, they have been in the market for several years, and their track record speaks for itself.

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