Prop Trading Firm Comparison
More and more experienced traders are turning to proprietary trading firms in order to fund their trading strategies.
The advantages are obvious. You can trade someone else’s money, keep a hefty percentage of your profits, and walk away from any losses.
Of course, a deal like that doesn’t come without strings attached, so it is imperative that you choose the right firm to set up your funded account.
To read reviews of some of the prop trading firms listed below, go here. For a further explanation of the proprietary trading process, go here.
| Firm | The Funded Trader | The 5%ers | Topstep | FTMO | Fidelcrest | BluFX |
| My Ranking | BEST NEW PROP FIRM | BEST NO EVALUATION | BEST FOR FUTURES | BEST FOR STOCKS | BEST FOR CRYPTO | BEST FOR FOREX |
| Initial Balance /Fees | $50K – $315 $100K – $549 $200K – $949 $400K – $1898 | $6K – €235 $10K – €385 $20K – €745 | $50K – $165 $100K – $325 $150K – $375 (per month) | $10K – €155 $25K – €250 $50K – €345 $100K – €540 $200K– €1080 | $10K – €99 $25K – €249 $150K – €649 $250K – €999 $1 mil – €2699 | $25K – £99 $50K – £249 (per month) |
| Current Promotion | 5% off with code 5WLDSSRHB3 | Click this link for 5% off! | Click this link for 20% off! | 2 for 1 on all accounts! | ||
| Evaluation | Two-step evaluation no min. trading days (Rapid Account) | No evaluation! | Two-step evaluation min. 8 trading days | “FTMO Challenge,” a two-step evaluation | Two-step evaluation – keep % of 2nd stage profits | No evaluation! |
| Max Account Size | $1.5 million | $1.28 million | Scales up with profits | $2 million | $1 million | $1 million |
| Profit Splits | 80-90% | 50% | 100% of first $5k in profits; 80% after | 80-90% | 80-90% | 50% |
| Tradable Markets | Forex Commodities Indicies Crypto | Forex | Futures | Forex Indicies Metals Crypto Stocks | Crypto Forex Stocks Commodities Metals | Forex Gold |
| Trading Parameters (may vary based on account choice) | 10% profit target for Step 1; 5% for Step 2 12% max loss, 6% max daily loss | 6% profit target to get 4x account balance Equity stopout at 4% below initial account size | 6% profit target 2% daily loss limit, 4% trailing max drawdown | 10% profit target Step 1; 5% for Step 2 10% max loss limit, max daily loss 5% limit | 10% profit target 10% max loss; max loss; 5% max loss for Verification Stage | 10% profit target to scale up account 10% maximum drawdown |
| Swap-Free Accounts | No | No | N/A | Yes | Yes | Yes |
| My Extended Reviews | The 5%ers review | Topstep review | FTMO review | Fidelcrest review | BluFX review | |
| Get Started | Start Trading with The Funded Trader | Start Trading with The 5ers | Start Trading with Topstep | Start Trading with FTMO | Start Trading with Fidelcrest | Start Trading with BluFX |