All Share (J203) = 88 453
Rand / Dollar = 18.58
Rand / Pound = 23.38
Rand / Euro = 19.38
Gold (usd/oz) = 2 937.37
Platinum (usd/oz) = 973.56
Brent (usd/barrel) = 76.65
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

10 Best Prop Trading Firms

The Best Prop Trading Firms

 

10 Best Prop Trading Firms – Rated and Reviewed. We have listed the best Proprietary Trading Firms that trade financial instruments, including stocks, forex, and, commodities.

 

In this in-depth guide, you will learn:

 

  • Overview of Top Prop Trading Firms
  • Key features and benefits of each Prop Trading Firm
  • Trading platforms and tools offered
  • Profit-sharing and payout structures
  • Qualifications and requirements for traders

 

and much, MUCH more!

 

🔎 Prop Trading Firm 🚀Open an Account📈 Trading Challenges📉 Funding Amount
🥇 Propexito.com👉 Click HereClassic and SpeedySimulated capital
🥈 Fundedprime👉 Click HereTwo-phase (forex) and one-phase (stock)Up to $800,000 (simulated capital)
🥉 Profitex👉 Click HereOne-phase challenge$15,000 to $200,000 (simulated capital)
🏅 PipFarm👉 Click Here1-stage or 2-stage evaluations$300,000
🎖️ DNA Funded👉 Click Here1-phase, 2-phase, Rapid$600,000
🥇 BrightFunded👉 Click Here2-phaseUp to $400,000
🥈 Blueberry Funded👉 Click Here1-phase or 2-phase optionsUp to $2,000,000
🥉 Topstep👉 Click HereThree-stage evaluation$150,000
🏅 FTMO👉 Click HereMultiple Stages$200,000 in fictitious funds (demo)
🎖️ FundedNext👉 Click Here1-Step and 2-Step optionsUp to $300,000

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

10 Best Prop Trading Firms (2025)

 

  1. ☑️ Propexito – Overall, the Best Prop Trading Firm (2025)
  2. ☑️ FundedPrime – Two-step evaluation challenge
  3. ☑️ Profitex – Maximum profit share of up to 80%
  4. ☑️ PipFarm – cTrader Trading Platform
  5. ☑️ DNA Funded – Low Challenge Fees
  6. ☑️ BrightFunded – Profit Share Scales to 100%
  7. ☑️ Blueberry Funded – 100+ Financial Markets
  8. ☑️ Topstep – Popular Futures Prop Firm
  9. ☑️ FTMO – Good Scaling Plan
  10. ☑️ FundedNext – Leading TradingView Prop Firm

 

Propexito.com

Propexito is a prop trading firm offering an evaluation process for traders to prove their skills without risking their capital. Successful traders are given access to a simulated-funded account and paid through a profit-sharing system. The firm offers two challenges, Classic and Speedy, designed to assess profitability, risk management, and consistency, with different targets and rules.

Operating under Basilisko Limited, Propexito launched in November 2024 and is a private entity, not a regulated broker.

 

🔎 Prop Trading Firm🥇 Propexito.com
📈 Trading ChallengesClassic and Speedy
📉 Funding AmountSimulated capital
📊 Profit SplitProfit-sharing system
💹 Trading TimeframeVaries by challenge type
💱 Drawdown LimitsSet for each challenge
📌 RegulationNot a regulated broker
📍 CompanyBasilisko Limited, Cyprus-based
⭐ Launch DateNovember 8, 2024

 

Propexito.com

 

Pros and Cons

✅ Pros❌ Cons
Evaluation system based on skill, not capitalNot a regulated broker
Two challenge types to choose fromLimited trading timeframes and targets
Profit-sharing system for successful tradersSimulated capital only, no real-money trading
Focus on disciplined, consistent tradersNew firm with limited track record
No client deposits requiredMay not appeal to traders looking for direct market access

 

Our Findings

Propexito offers an innovative way for traders to showcase their skills without risking real capital. With its challenge-based evaluation system, the firm filters out reckless traders while rewarding disciplined and consistent performers.

 

Trading Challenges

Classic and Speedy

Funding Amount

Simulated capital

Trading Timeframe

Varies by challenge type

Profit Split

Profit-sharing system

Drawdown Limits

Set for each challenge

Regulation

Not a regulated broker

Company

Basilisko Limited, Cyprus-based

 

FundedPrime

Fundedprime offers a comprehensive prop trading experience, focusing on empowering traders by providing valuable resources, challenges, and a range of platforms to trade. With its new platform, TradeLocker, and unique trading challenges, Fundedprime supports both forex and stock traders in their pursuit of becoming backed prime traders.

Their affiliate program and partnership with Eightcap further enhance the trading opportunities and benefits for users.

 

🔎 Prop Firm🥇 Fundedprime
📈 Trading ChallengesTwo-phase (forex) and one-phase (stock)
📉 Funding AmountUp to $800,000 (simulated capital)
📊 LeverageUp to 1:50
💹 Profit SplitUp to 80%
💱 Trading PlatformsDX Trade, TradeLocker
🤝 Affiliate ProgramEarn commissions up to 10% weekly
🫶 PartnershipEightcap (regulated broker)
⭐ Education and SupportTrading academy, community, and resources

 

Fundedprime Overview

 

Pros and Cons

✅ Pros❌ Cons
Access to up to $800,000 simulated capitalRequires meeting strict challenge rules
Modern trading platforms (TradeLocker, DX)High competition in the challenges
Profit split up to 80%Limited to specific asset classes (forex, stocks)
Partnership with Eightcap for liquidityTrading challenges can be time-consuming
Affiliate program with competitive commissionsNo physical assets provided (simulated capital)

 

Our Findings

Fundedprime provides a great opportunity for forex and stock traders to showcase their skills and access substantial simulated capital. The platform’s partnership with Eightcap and using TradeLocker offers traders top-tier trading tools and resources.

 

Overall Rating

Trading Challenges

Two-phase (forex) and one-phase (stock)

Funding Amount

Up to $800,000 (simulated capital)

Leverage

Up to 1:50

Profit Split

Up to 80%

Trading Platforms

DX Trade, TradeLocker

Affiliate Program

Earn commissions up to 10% weekly

Partnership

Eightcap

Education

Trading academy, community

 

Profitex

Profitex offers traders the opportunity to prove their skills through trading challenges, using simulated capital to gain access to funded accounts. With cutting-edge technology, a fast execution platform, and a profit-sharing system, Profitex provides traders with everything they need to succeed. Their affiliate program and partnership with Eightcap further enhance their offering, providing traders with low-latency, real-time performance tracking through a personalized dashboard.

Traders can select from various challenge levels, with funding options up to $200,000, and a profit split of up to 80%.

 

🔎 Prop Trading Firm🥇 Profitex
📈 Trading ChallengesOne-phase challenge
📉 Funding Amount$15,000 to $200,000 (simulated capital)
📊 Profit SplitUp to 80%
💹 Leverage1:30
💱 Profit Share80% for funded accounts
📌 Trading TimeframeVaries by challenge
📍 Trading PlatformsProfitex Dashboard (desktop & mobile)
🤝 Support24/7 dedicated support
🫶 PartnershipEightcap (regulated broker)
⭐ Affiliate ProgramExclusive dashboard, high commissions

 

Profitex Overview

 

Pros and Cons

✅ Pros ❌ Cons
Fast execution with low-latency technologyNo physical capital, only simulated funds
Up to 80% profit split for funded tradersLimited to one-phase challenge
Cutting-edge platform and 24/7 supportNot a regulated broker
Wide range of challenges and funding optionsMay be challenging for new traders
Partnered with Eightcap for liquidityLimited to forex, CFDs, and stocks

 

Our Findings

Profitex offers traders the opportunity to prove their skills through trading challenges, using simulated capital to gain access to funded accounts. With cutting-edge technology, a fast execution platform, and a profit-sharing system, Profitex provides traders with everything they need to succeed. Their affiliate program and partnership with Eightcap further enhance their offering, providing traders with low-latency, real-time performance tracking through a personalized dashboard.

Traders can select from various challenge levels, with funding options up to $200,000, and a profit split of up to 80%.

 

Overall Rating

Trading Challenges

One-phase challenge

Funding Amount

$15,000 to $200,000 (simulated capital)

Leverage

1:30

Profit Split

Up to 80%

Trading Timeframe

Varies by challenge

Trading Platforms

Profitex Dashboard

Support

24/7 dedicated support

 

PipFarm

PipFarm offers traders an opportunity to participate in simulated trading challenges, ultimately qualifying for funding to trade with up to $300,000 in capital. With a unique XP (Experience Pips) system, traders can unlock additional features like higher profit splits, larger scaling increments, and better trading conditions.

The platform uses cTrader, ensuring advanced trading functionality with low commissions and raw spreads. PipFarm focuses on rewarding consistency, discipline, and skill, allowing traders to scale their accounts and earn up to 95% of profits.

 

🔎 Prop Trading Firm🥇 PipFarm
📈 Maximum Initial Funding$300,000
📉 Leverage1:30
📊 Profit SplitUp to 95%
💹 PlatformcTrader
💱 Challenge Types1-stage or 2-stage evaluations
📌 Profit Target12% (varies by challenge)
📍 Drawdown Limits6% Static, 9% Trailing Drawdown
💴 FeeStarting from $50 for a $5,000 challenge
↪️ Scaling ProgramScale up to $1.5 million based on performance
⭐ Experience Program (XP)Unlock benefits like higher leverage & faster payouts
🤝 Affiliate ProgramEarn commissions by promoting PipFarm

 

PipFarm Overview

 

Pros and Cons

✅ Pros❌ Cons
High profit split (up to 95%)Newer firm in the prop trading space
One-stage evaluation processNo physical capital, simulated funds only
Flexible trading strategies allowedLimited to cTrader platform
XP rewards system to unlock higher benefitsNo direct market access (traded through simulation)
Low commissions, raw spreadsRestricted to certain drawdown limits
Scalable funding up to $1.5MNo HFT (High-Frequency Trading) allowed

 

Our Findings

PipFarm offers a comprehensive and flexible prop trading experience, appealing to traders who value scalability, high-profit potential, and advanced trading features. The one-stage challenge is straightforward, making it accessible to a wider audience. The ability to scale funding up to $1.5 million is a standout feature for those committed to growing their trading career.

While the use of simulated funds may not appeal to all traders, the potential rewards of scaling and earning up to 95% of profits make PipFarm an attractive option for both beginners and experienced traders alike.

 

Overall Rating

Maximum Initial Funding

$300,000

Leverage

1:30

Profit Split

Up to 95%

Platform

cTrader

Challenge Types

1-stage or 2-stage evaluations

Profit Target

12% (varies by challenge)

Drawdown Limits

 6% Static, 9% Trailing Drawdown

 

DNA Funded

DNA Funded is a prop trading firm that helps traders unlock their financial potential by offering simulated funded accounts, allowing traders to trade with up to $600,000 in capital. With challenges tailored to various trading styles, DNA Funded provides a one- or two-phase evaluation process, and traders can earn an increased profit split of up to 90% with the right boosters.

Offering over 800 trading instruments backed by a broker, DNA Funded promises fast execution and competitive trading conditions.

 

🔎 Prop Trading Firm🥇 DNA Funded
📈 Maximum Initial Funding$600,000
📉 Leverage1:30
📊 Profit SplitUp to 90%
💹 PlatformTradeLocker
💱 Challenge Types1-phase, 2-phase, Rapid
📌 Profit Target10% (for all challenges)
📍 Drawdown Limits5% daily loss, 6% total loss
🅰️ Minimum Trading Days3 days (for all challenges)
🅱️ Challenge PricesFrom $59 to $1209
⭐ Booster OptionsProfit Split Booster, Early Payout Booster
⚙️ Trading Instruments800+ CFD instruments (forex, commodities, crypto, etc.)

 

DNA Funded Overview

 

Pros and Cons

✅ Pros❌ Cons
Maximum funding up to $600,000No option for physical capital (simulated funds only)
Fast, broker-backed evaluations with one- or two-phase challengesChallenges require passing strict risk management rules
High profit share (up to 90%) with booster optionsNo tiered scaling, fixed profit target for all challenges
Low minimum trading days (3 days)No flexibility in leveraging above 1:30 for all instruments
Over 800 trading instruments availableHigher challenge fees for larger accounts
Fast execution with TradeLocker platformProfit target set at 10% for all account sizes

 

Our Findings

DNA Funded provides an excellent opportunity for traders to access substantial simulated capital and trade a wide range of instruments, all while benefiting from elite broker-backed conditions. The ability to boost your profit split up to 90% and receive early payouts adds extra incentives. With a low barrier to entry (just 3 trading days minimum), it is particularly appealing for traders looking for rapid evaluations and flexible challenge options.

 

Overall Rating

Maximum Initial Funding

$600,000

Leverage

1:30

Profit Split

Up to 90%

Platform

TradeLocker

Challenge Types

1-phase, 2-phase, Rapid

Profit Target

10% (for all challenges)

Drawdown Limits

5% daily loss, 6% total loss

 

BrightFunded

BrightFunded is a prop trading firm that provides traders with the opportunity to trade with substantial capital, offering competitive funding options, a fast payout system, and no consistency rules. The firm’s model allows for up to $400,000 in funding and offers an attractive profit split of up to 100%. Traders can take on various challenges, with unlimited scaling, tight spreads, and a flexible payout system designed to reward performance.

 

🔎 Prop Trading Firm🥇 BrightFunded
📈 Maximum FundingUp to $400,000
📉 Profit SplitUp to 100%
📊 Payout FrequencyWeekly payouts (every 7 days)
💹 Trading Instruments150+ instruments, including crypto
💱 Evaluation Phases2-phase evaluation
🅰️ Maximum Daily Loss$5,000
🅱️ Maximum Overall Loss$10,000
📌 Profit TargetsPhase 1: 8%, Phase 2: 5%
📍 Scaling PlanUnlimited
☪️ Swap-Free OptionAvailable
⭐ Customer Support24/7
🖱️ Available PlatformsWeb and Mobile Apps

 

BrightFunded

 

Pros and Cons

✅ Pros❌ Cons
Traders can receive payouts in just 7 days$495 refundable fee for the evaluation stage
Up to 100% of the profits8% in Phase 1 and 5% in Phase 2 might be restrictive for some traders
More opportunities to growRequires completing 2 phases, which may be time-consuming for some
No need for consistent profitsMaximum loss limits could feel restrictive for riskier traders
Over 150 instruments5 minimum trading days required per phase
Great for those trading with Islamic accountsProfit-sharing model not fully detailed for each level of funding

 

Our Findings

BrightFunded offers a highly attractive model for traders looking for fast payouts, a high-profit share (up to 100%), and the flexibility to scale their accounts without strict consistency rules. With a 2-phase evaluation, traders can prove their skills while managing risk and earning significant rewards. The unlimited scaling plan is a standout feature, allowing traders to grow their accounts significantly. However, there are fees for the challenge, and some traders might find the 8% target in the first phase a bit challenging.

 

Overall Rating

Maximum Funding

Up to $400,000

Profit Split

Up to 100%

Payout Frequency

Weekly payouts

Trading Instruments

150+ instruments, including crypto

Evaluation Phases

2-phase evaluation

Maximum Daily Loss

$5,000

Maximum Overall Loss

$10,000

 

Blueberry Funded

Blueberry Funded is a prop trading firm backed by the reputable Blueberry Markets, offering traders the chance to scale up to $2,000,000 in simulated capital. The firm provides competitive evaluation options, sustainable trading conditions, and an attractive scaling plan, with traders enjoying up to 80% profit share and efficient payouts. Blueberry Funded focuses on supporting both seasoned and new traders with long-term development and educational growth.

 

🔎 Prop Trading Firm🥇 Blueberry Funded
📈 Maximum FundingUp to $2,000,000
📉 Profit SplitUp to 80%
📊 Payout FrequencyEvery 14 days
💹 Minimum Trading Days3 days for both evaluation and funded accounts
💱 Evaluation Phases1-phase or 2-phase options available
📌 LeverageFX (1:30), Index (1:10), Metals (1:10), Crypto (2:1)
📍 Scaling PlanCapital increases every 3 months (up to 25%)
🅰️ Max Daily Loss4%
🅱️ Max Total Loss6%
🗃️ Account Copy TradingYes
🗄️ Swap-Free OptionNot mentioned
🤝 Support24/7
🫶 Broker IntegrationBlueberry Markets

 

Blueberry Funded

 

Pros and Cons

✅ Pros❌ Cons
Backed by Blueberry Markets, a trusted broker with over 8 years of experienceThe 80% profit split may be lower compared to some firms offering 90%+
Receive payouts every 14 days with quick processing times10% net profit over 3 consecutive months for scaling could be difficult for some
Emphasis on risk management and long-term growthA maximum daily loss of 4% may feel restrictive to some traders
Ultra-low spreads, commission-free trading on indices/cryptoLimited leverage on some assets (crypto 2:1, indices 1:10)
Ability to scale capital every 3 months based on performanceThe pricing for challenges isn’t clearly specified on some pages
Allows traders to trade without risking real moneyPayouts only every 14 days, which might feel slow for some traders

 

Our Findings

Blueberry Funded offers a solid platform for traders looking to scale their capital over time with a structured and sustainable approach. With competitive funding options, a strong focus on trader development, and an attractive scaling plan, it caters to both beginners and experienced traders.

 

Overall Rating

Maximum Funding

Up to $2,000,000

Profit Split

Up to 80%

Payout Frequency

Every 14 days

Minimum Trading Days

3 days for both evaluation and funded accounts

Evaluation Phases

1-phase or 2-phase options available

Leverage

FX (1:30), Index (1:10), Metals (1:10), Crypto (2:1)

Max Daily Loss

4%

 

Topstep

Topstep is regarded as the best futures prop firm, offering a structured, three-stage evaluation process. Traders can keep 100% of profits up to $10,000 and 90% thereafter. The firm offers multiple trading platforms, including its proprietary TopstepX, NinjaTrader, and TradingView, giving traders flexibility in their trading choices. While Topstep has monthly fees, it provides excellent risk management, education, and community support.

With its clear evaluation steps and no time limits, it’s ideal for traders looking to grow into professional futures trading.

 

🔎 Prop Trading Firm🥇 Topstep
📈 Maximum Funding$150,000
📉 Profit Split100% on first $10,000, 90% thereafter
📊 Payout FrequencyDaily profit withdrawals once funded
💹 Challenge TypeThree-stage evaluation (Trading Combine, Express Funded, Live Funded)
💱 LeverageDetermined by account size
🅰️ Maximum Daily LossNot specified
🅱️ Maximum Overall LossNot specified
📌 Minimum Trading DaysNo time limit
📍 News TradingNot specified
🫶 Support24/7 support, active Discord community
🖱️ Trading PlatformsTopstepX, NinjaTrader, TradingView, Tradovate, Quantower
💷 FeesMonthly evaluation fees, data fees after funding (NinjaTrader)
⭐ Max Position5-15 contracts depending on account size

 

TopStep

 

Pros and Cons

✅ Pros❌ Cons
High Profit SplitMonthly Fees
Variety of PlatformsPlatform Fees
Flexible EvaluationData Fees
Generous Profit ShareSome platforms have additional commission fees
Clear and Structured ProcessFocuses exclusively on futures markets
Active CommunityNo Information on Loss Limits
Educational SupportLimited Leverage Information

 

Our Findings

Topstep is an excellent choice for futures traders, particularly those who prefer a structured evaluation process with no time limit. The firm provides a strong profit-sharing structure, with 100% profit retention on the first $10,000 and 90% after that. Traders benefit from flexible platform choices, including TopstepX, NinjaTrader, and TradingView, although some platforms come with additional fees.

 

Overall Rating

Maximum Funding

$150,000

Profit Split

100% on first $10,000, 90% thereafter

Payout Frequency

Daily profit withdrawals once funded

Challenge Type

Three-stage evaluation

Leverage

Determined by account size

Support

24/7 support

Trading Platforms

TopstepX, NinjaTrader, TradingView, Tradovate, Quantower

 

FTMO

FTMO is a proprietary trading firm that offers a structured path for traders to demonstrate their skills and progress to become professional traders. The process includes the FTMO Challenge, Verification, and eventually trading on a demo FTMO account with fictitious funds of up to $200,000. Traders can earn up to 90% of the simulated profits, providing an opportunity to build a track record without risking personal capital.

Top-performing traders can join FTMO’s Premium Programme to work as professional traders for Quantlane, a traditional proprietary trading firm.

 

🔎 Prop Trading Firm🥇 FTMO
📈 Maximum Funding$200,000 in fictitious funds (demo)
📉 Profit SplitUp to 90% of simulated profits
📊 Evaluation ProcessFTMO Challenge → Verification → FTMO Trader → Professional Trader
💹 Trading PlatformsMultiple platforms supported
💱 LeverageNot specified
🅰️ Maximum Daily Loss$500 (Challenge and Verification stages)
🅱️ Maximum Overall Loss$1,000
📌 Profit Target$1,000 (Challenge), $500 (Verification)
📍 Refundable Fee€89 for the Challenge (Refundable upon passing)
⭐ Minimum Trading Days4 days (Challenge and Verification)
🤝 Support24/7 customer support in 18 languages, including email, live chat, and WhatsApp
⚙️ Training and CoachingFTMO Academy, Performance Coaching

 

FTMO Overview

 

Pros and Cons

✅ Pros ❌ Cons
No Risk of Personal CapitalFees for the Challenge
Up to 90% Profit ShareTime Commitment
Clear Evaluation ProcessLimited to Forex and CFD
FTMO Premium ProgrammeLoss Limits
Comprehensive EducationRefund Conditions

 

Our Findings

FTMO provides a unique opportunity for traders to build their skills and transition into professional trading without risking personal capital. Their structured evaluation process offers a clear path from the FTMO Challenge to becoming an FTMO Trader, with the possibility of earning up to 90% of simulated profits. The firm’s educational tools, including FTMO Academy and Performance Coaching, make it easier for traders to improve their skills while progressing through the stages.

 

Overall Rating

Maximum Funding

$200,000 in fictitious funds (demo)

Profit Split

Up to 90% of simulated profits

Trading Platforms

Multiple platforms supported

Maximum Daily Loss

$500 (Challenge and Verification stages)

Maximum Overall Loss

$1,000

Profit Target

$1,000 (Challenge), $500 (Verification)

Refundable Fee

€89 for the Challenge

 

FundedNext

FundedNext offers a competitive prop trading program with up to $300,000 in trading accounts and profit splits as high as 95%. The firm stands out with its flexible challenge phase, no time limit for completing the evaluation, and generous reward options. FundedNext offers a variety of account models tailored to different trading styles, including options for free trials, flexible loss limits, and news trading. The firm is renowned for its 24/7 support and guarantees payouts within 24 hours.

 

🔎 Prop Trading Firm🥇 FundedNext
📈 Maximum FundingUp to $300,000
📉 Profit SplitUp to 95%
📊 Payout FrequencyMonthly
💹 Challenge Type1-Step & 2-Step options
💱 LeverageNot specified
🅰️ Maximum Daily Loss5%
🅱️ Maximum Overall Loss10%
📌 Minimum Trading Days5 days
📍 News TradingAllowed on most plans
🔃 Refund/Account Reset OptionAvailable in some plans
🫶 Support24/7 support with an average response time of 50 seconds
↪️ Trading PlatformsMT4, MT5, cTrader
⭐ Account Reset OptionFor Select Plans

 

FundedNext

 

Pros and Cons

✅ Pros❌ Cons
Up to 95% Profit SplitSome challenges don’t guarantee payouts within 24 hours
Flexible Challenge OptionsLimited Information on Leverage
News Trading AllowedMinimum Trading Days
Free RetakesSome features require paid add-ons
Quick PayoutsPrice Variability
Affordable PlansLower Profit Share During Challenge Phase

 

Our Findings

FundedNext provides traders with multiple account options, fast payouts, and high-profit splits, making it an attractive choice for those looking for flexibility and a strong support system. The absence of a time limit during the challenge phase is a unique feature that allows traders to take their time to meet the evaluation criteria. With a range of plans offering varying levels of risk management (maximum daily loss of 5% and overall loss limit of 10%), traders can choose based on their preferred trading style.

 

Overall Rating

Maximum Funding

Up to $300,000

Profit Split

Up to 95%

Payout Frequency

Monthly

Challenge Type

1-Step and 2-Step options

Maximum Daily Loss

5%

Maximum Overall Loss

10%

Minimum Trading Days

5 days

 

What is a Prop Trading Firm?

A prop trading firm, short for “proprietary trading firm,” is a company that trades financial instruments (like stocks, forex, or commodities) using its capital rather than customer funds. These firms typically hire skilled traders to manage the firm’s capital and generate profits through their trades.

In contrast to traditional brokerage firms, which earn money by charging commissions or spreads on client trades, prop trading firms aim to make profits directly from the markets. They often offer traders access to large amounts of capital and may provide training, risk management guidelines, and profit-sharing arrangements.

Traders in prop firms generally share a portion of the profits they make but are also expected to follow strict risk management rules to minimize potential losses. Some firms offer traders the chance to trade with their funds after proving their skill and ability.

 

What is a Prop Trading Firm?

 

In Conclusion

Prop trading firms offer an exciting opportunity for traders to prove their skills without risking their own capital. These firms provide access to substantial capital, training resources, and structured evaluation processes, allowing traders to earn profits based on their performance. By offering profit-sharing arrangements, they incentivize traders to maintain disciplined, risk-managed trading strategies.

Traders who demonstrate consistent success can access higher capital and more favorable profit splits, with some firms even offering full-time trading opportunities through partnerships or employment with proprietary trading companies. While the specific terms vary between firms, prop trading is an appealing pathway for skilled traders to grow their careers.

 

References:

 

 

Frequently Asked Questions

 

What is a prop trading firm?

A prop trading firm is a company that uses its capital to trade financial instruments like stocks, forex, or commodities. Traders within these firms manage the capital and share a portion of the profits.

 

How do prop trading firms make money?

Prop firms make money by trading their capital in the markets. Unlike traditional brokers who charge fees and spreads, prop firms generate profits directly from market movements.

 

Do I need to risk my own money in a prop trading firm?

No, traders do not risk their own money in a prop trading firm. They trade with the firm’s capital after proving their skills through an evaluation process.

 

What are the benefits of working with a prop trading firm?

Prop firms provide traders with access to large amounts of capital, professional trading tools, training, and the opportunity to earn profits without using their own money.

 

How do I get started with a prop trading firm?

Traders typically start by passing an evaluation process, which may include challenges or performance assessments. Once successful, they gain access to the firm’s capital and can begin trading.

 

What are profit splits in prop trading?

Profit splits refer to the percentage of the profits that traders receive. For example, if a trader earns $10,000, they may keep 70% of the profits, while the firm takes the remaining 30%.

 

Are there fees involved in joining a prop trading firm?

Yes, many prop trading firms charge a fee to participate in the evaluation process or access certain platforms, although some firms may offer free trials or discounted rates.

 

Can I scale up my trading capital?

Many prop firms allow traders to scale up their capital as they prove their performance, with some offering the possibility to manage substantial accounts over time.

 

What happens if I lose money?

While traders do not risk their capital, they must still follow strict risk management rules. Exceeding the firm’s loss limits could result in losing access to the funded account.

 

Are prop trading firms regulated?

Prop trading firms are typically not regulated in the same way as brokers, as they trade their capital. However, some firms may operate under specific regulations depending on their location and structure.

5/5 - (1 vote)

Written by:

Marlie Willemse Rosset

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 3, 2025

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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