🏆 Best Prop Firms Reviewed & Compared
Here’s a side-by-side comparison of some of the most reliable and highly-rated prop trading firms available this year.
Prop Firm | Funding Model | Payout | Challenge Type | Max Capital | Rating |
---|---|---|---|---|---|
FTMO | 2-Step Evaluation | Up to 90% | Normal & Aggressive | $400,000 | ⭐️⭐️⭐️⭐️⭐️ |
Alpha Capital | 2-Step Evaluation | 80% | One Challenge | $200,000 | ⭐️⭐️⭐️⭐️ |
The 5%ers | Instant Funding / Evaluation | 50% – 100% | Low-Risk & Aggressive | $4,000,000+ | ⭐️⭐️⭐️⭐️ |
Funded Trading Plus | 1-Step Evaluation | 80% | Lite & Standard | $200,000+ | ⭐️⭐️⭐️⭐️ |
Note: This list excludes prop firms with regulatory issues or frozen payouts. We recommend avoiding firms such as MyForexFunds or True Forex Funds until further notice.
💡 What to Look For in a Prop Trading Firm
When choosing the right firm, consider these crucial elements:
- Profit Split: Look for firms offering 75% or higher payouts.
- Challenge Rules: Are there daily drawdowns? What’s the max loss?
- Scaling Plans: Can you grow your capital over time?
- Withdrawal Frequency: Bi-weekly or monthly payouts?
- Customer Support: Is it responsive and helpful?
⚖️ Pros and Cons of Top Funded Trader Programs
✅ Pros
- Access to high capital with low upfront cost
- Lower risk vs. trading your own money
- Structured growth and discipline through rules
- Community and mentorship programs available
❌ Cons
- Strict rules can lead to disqualification
- Payout delays with some firms
- Hidden fees in some evaluation models
- Not all prop firms are transparent
📚 Internal Resources You Might Find Helpful
❓ Frequently Asked Questions (FAQ)
What is a prop firm?
A proprietary trading firm (prop firm) funds traders with firm capital in exchange for a share of the profits. Traders must usually pass a challenge to qualify.
How do prop firm evaluations work?
Most prop firms use a 1-step or 2-step evaluation model where you must hit profit targets without breaking rules like max drawdown.
Which prop firm has the highest payouts?
FTMO and The 5%ers both offer payout splits up to 90%, depending on trader performance and tenure.
Are instant funding prop firms legit?
Yes — some instant funding firms like The 5%ers are well-established, but always check reviews and payout history before joining.
🎯 Conclusion: Make the Smart Choice
Choosing the right funded trading program can change your trading career. With this updated breakdown of prop firm reviews, you can confidently pick a platform that aligns with your style and goals.
Ready to get started? Explore more reviews and insights on FundedScore.com and find the right prop firm for your future.