πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (2024)

When you plan to make profits as a Forex prop trader, you must sign up only for the best low spread prop trading firms, to ensure a seamless trading experience without large spreads. The most distinctive advantage of low spreads is that they allow you to implement scalping strategies profitably. Scalping strategies are training methods designed for very short-term price movements and have high win rates. This high win rate is especially useful to maintain profitability while under strict daily and overall risk limit rules. In this post, we are going to list some of the most reliable firms according to our research and will provide a brief overview of each of them.

πŸ“Œ Why do Low Spreads Matter in Prop Trading?πŸ’‘

With the lowest spread prop firms, you gain a competitive edge thanks to narrower bid-ask spreads. Low spreads are important when using short-term trading strategies, which are the best suited for prop trading. Low spreads allow traders to generate more profits from short-term market movements. Many prop firms restrict trading during major economic news and won’t allow traders to implement swing trading strategies. Therefore, scalping strategies can be used effectively for prop trading. Scalping strategies are only profitable when you have low spreads without high fees eating up all profits. Here is why low spreads can be critical in prop trading:

  • They allow for the implementation of scalping strategies
  • Increase trader’s profitability by reducing trading costs
  • Allow more flexibility to use a diverse range of scalping methods even with externally low-profit targets

Low spreads coupled with a robust scalping system can help traders quickly pass the evaluation challenges and get funded.

πŸ” Top Lowest spread prop firms to get your funded account fromπŸ…

If you're seeking a funded account low-spread firms, we have gathered the most trustworthy prop firms list which also provides the lowest spreads on FX pairs with their regulated partner brokers.

E8 Funding

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (1)

Scalping friendly prop firms with low spreads such as E8 Funding offer scalpers the perfect environment to execute extremely short-term trades and achieve profit targets easily. The firm provides diverse market access for low spreads.

πŸ“Œ E8 Funding Main Specs List πŸ‘‡:

  • Year founded - 2021
  • Based in - Dallas, Texas, United States
  • Minimum audition fee - 138 USD
  • Minimum funded amount - 25,000 USD
  • Maximum funded amount - 300,000 USD
  • Allowed daily loss - 5%
  • Profit target - 8%
  • Maximum drawdown - 8%
  • Profit sharing (Payouts) - 80%

E8 Funding provides competitive spreads with flexible leverage depending on the trading assets. While spreads start near 0 pips for FX major pairs, exotics, and minors are not so lucky. E8 Funding offers prop trading low spread accounts, making it easier to maintain profitability in volatile markets. Traders can speculate on various markets including Forex pairs, indices, equities, commodities, and cryptos. The leverage for cryptos is 1:5, for commodities and indices 1:50, and 1:50 for FX pairs as well. Depending on the amount of funding, the one-time fees are also different:

  • $138 for the $25,000 account
  • $208 for the $50,000 account
  • $358 for the $100,000 account
  • $598 for the $250,000 account
  • Maximum $988 after account scaling (up to $1 million)

All the assets are accessible through advanced platforms of MT4 and MT5 on both desktop and mobile. Customer support at E8 Funding is provided via several channels of live chat and email. The firm, however, provides very few educational resources but has a trader’s dashboard to monitor progress.

Audacity Capital

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (2)

Audacity Capital is one of the oldest Forex prop firms with tight spreads which allows traders to speculate on diverse markets and provides low-cost funding accounts.

πŸ“Œ Audacity Capital Main Specs List πŸ‘‡:

  • Year founded - 2012
  • Based in - London, UK
  • Minimum audition fee - 129 USD
  • Minimum funded amount - 10,000 USD
  • Maximum funded amount - 480,000 USD
  • Allowed daily loss - 10%
  • Profit target - 10%
  • Maximum drawdown - 10%
  • Profit sharing (Payouts) - 50-85%

The firm has a wide selection of funded account types including, Ability Challenge, Funded Trader Program, Flex Trader Program, and Pro Funding Program. Traders can speculate on various markets of FX, indices, and commodities using advanced trading platforms MT4 and MT5. The customer support of Audacity Capital is provided via live chat and email, and both the website and support are multilingual. The firm has many educational resources accessible on its website for beginner traders.

Blue Guardian

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (3)

Blue Guardian offers low commission prop trading accounts from 87 USD one-time fees and up to 200k funding.

πŸ“Œ Blue Guardian Main Specs List πŸ‘‡:

  • Year founded - 2019
  • Based in - Solihull, West Midlands, England
  • Minimum audition fee - 87 USD
  • Minimum funded amount - 10,000 USD
  • Maximum funded amount - 200,000 USD
  • Allowed daily loss - 4%
  • Profit target - 8%
  • Maximum drawdown - 8%
  • Profit sharing (Payouts) - 85%

Blue Guardian provides access to diverse financial instruments including Forex pairs, indices, commodities, and cryptos. All these asset classes are available on the advanced MetaTrader 4 trading platform. The leverage is different depending on the asset class. FX pairs come with 1:100, indices and commodities 1:20, and cryptos with a 1:2 maximum leverage. Funded accounts include Unlimited Guardian, Elite Guardian, and Rapid Guardian. Spreads are low from 0.1 pips on FX pairs for a 6 USD round turn commission. With Forex funding low spread accounts, Blue Guardian ensures Forex traders can trade efficiently and cost-effectively. Blue Guardian support is provided via a live chat and email. The firm has no educational resources but offers tools such as Guardian Protector.

Instant Funding

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (4)

Instant Funding is renowned among prop trading firms with minimal spreads, ensuring your trades have minimal impact costs.

πŸ“Œ Instant Funding Main Specs List πŸ‘‡:

  • Year founded - 2023
  • Based in - London, United Kingdom
  • Minimum audition fee - 79 USD
  • Minimum funded amount - 1,250
  • Maximum funded amount - 200,000 (Up to 1.25 million USD with scaling plan)
  • Allowed daily loss - None
  • Profit target - 0-3-5%
  • Maximum drawdown - 10%
  • Profit sharing (Payouts) - 70-80% (up to 90% with scaling)

Instant Funding offers a multitude of trading assets including Forex pairs, indices, commodities, and crypto assets. The trading platforms are advanced MT4 and MT5 software, available on both desktop and mobile. The partner broker of the firm is ThinkMarkets which is a regulated Forex and CFD broker, allowing Instant Funding traders to access financial markets seamlessly. The firm has one-phase, and two-phase accounts offering flexibility to traders. Instant Funding support includes live chat and email and is multilingual, together with the website of the firm. For education, there is only an extensive FAQ section, but the firm lacks educational materials.

FTUK

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (5)

For traders looking for low spread trading firms for funded accounts, FTUK offers attractive conditions to enhance trading success. The firm provides 14k accounts for a 149 USD one-time fee and has a profit share of 80%.

πŸ“Œ FTUK Main Specs List πŸ‘‡:

  • Year founded - 2021
  • Based in - Dubai, United Arab Emirates
  • Minimum audition fee - 149 USD
  • Minimum funded amount - 14,000 USD
  • Maximum funded amount - 90,000 USD
  • Allowed daily loss - None
  • Profit target - 10%
  • Maximum drawdown - 8%
  • Profit sharing (Payouts) - 80%

FTUK is a reliable prop firm with access to diverse financial markets of Forex pairs, indices, commodities, and popular crypto assets. Since the firm is partnered with a regulated broker, EightCap, it provides access to advanced platforms MT4 and MT5, and spreads are exceptionally low from 0 pips. There is a commission of 6 USD round turn for these low spreads, but it is lower than the industry average. FTUK features among the best funded trader programs low spreads, designed to maximize your trading potential. The leverage is also flexible, starting from 1:10 and selling up to 1:100. FTUK has instant funding accounts where traders can start making profits immediately without the evaluation phase. The support is provided via live chat and email. FTUK offers little to no educational resources.

Lark Funding

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (6)

Among low spread prop firms, Lark Funding is one of the most beginner-friendly and cost-efficient options. It has just a 50 USD fee for the lowest funded account.

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πŸ“Œ Lark Funding Main Specs List πŸ‘‡:

  • Year founded - 2022
  • Based in - MontrΓ©al, Quebec province, Canada
  • Minimum audition fee - 50 USD
  • Minimum funded amount - 5,000 USD
  • Maximum funded amount - 1,000,000 USD
  • Allowed daily loss - 0-5%
  • Profit target - 3-10%
  • Maximum drawdown - 10%
  • Profit sharing (Payouts) - 75-80% (up to 90% through paid upgrades)

Lark Funding is partnered with a regulated broker EightCap providing access to advanced MT4 and MT5 platforms and low spreads from 0 pips for 6 USD round turn commissions on FX pairs. Considered among the top low spread prop firms for Forex, Lark Funding is ideal for traders focusing on currency markets. Traders can access diverse markets of Forex pairs, indices, commodities, and popular cryptos. Lark Funding offers little to no educational services but provides excellent customer support via live chat and email channels.

Ment Funding

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (10)

Traders can access low spread prop trading accounts through Ment Funding diverse funded accounts and high funding amounts.

πŸ“Œ Ment Funding Main Specs List πŸ‘‡:

  • Year founded - 2021
  • Based in - United States
  • Minimum audition fee - 250 USD
  • Minimum funded amount - 25,000 USD
  • Maximum funded amount - 2,000,000 USD
  • Allowed daily loss - 5%
  • Profit target - 10%
  • Maximum drawdown - 6%
  • Profit sharing (Payouts) - 75% (up to 90% with paid upgrade)

Ment Funding offers various markets for trading including Forex pairs, commodities, indices, stocks, and popular cryptos. The firm provides access to advanced MT4 trading software and allows traders to access it from both desktop and mobile devices. The firm is partnered with EightCap, which is a regulated Forex broker offering FX trading from 0 pip spreads. Among lowest Forex spread prop companies, Ment Funding offers competitive spreads that cater to Forex traders' needs. Ment Funding provides many educational resources for traders, which is always a good thing. The support is provided via Discord and email.

Fidelcrest

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (11)

Our trusted low spread prop firm reviews highlight Fidelcrest’s commitment to providing traders with tight spreads, allowing them to implement various scalping strategies.

πŸ“Œ Fidelcrest Main Specs List πŸ‘‡:

  • Year founded - 2018
  • Based in - Nicosia, Cyprus
  • Minimum audition fee - EUR 99 ($15,000 Micro Trader Normal)
  • Minimum funded amount - $15,000
  • Maximum funded amount - $1 million (scaling to $2 million)
  • Allowed daily loss - 5% (Normal) 10% (Aggressive)
  • Profit target - 5-20% (Pro, Micro, Normal/Aggressive)
  • Maximum drawdown - 10-20%
  • Profit sharing (Payouts) - 80-90%

Fidelcrest is partnered with numerous reputable brokers to provide high-quality price data for low spreads and fees. The main partners of Fidelcrest are XM, Pepperstone, IC Markets, and more. Fidelcrest trading platforms are MT4, MT5, and cTrader available on both desktop and mobile. The support channels of Fidelcrest include live chat, email, and a hotline. As for educational services, the firm offers plenty of materials for beginners.

Forex Prop Firm

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (12)

Traders can experience zero spread Forex prop firms with Forex Prop Firm’s competitive offerings, suited to scalpers.

πŸ“Œ Forex Prop Firm Main Specs List πŸ‘‡:

  • Year founded - Unknown (at least from 2015)
  • Based in - Quebec, Canada
  • Minimum audition fee - 189 USD
  • Minimum funded amount - 10,000 USD
  • Maximum funded amount - 200,000 USD (10,000,000 USD with scaling plan)
  • Allowed daily loss - 5%
  • Profit target - 10%
  • Maximum drawdown - 10%
  • Profit sharing (Payouts) - Up to 90% (10% during the evaluation phase)

Forex Prop Firm or FPF provides diverse market access including Forex, stocks, cryptos, commodities, and indices on the advanced MT4 platform available for both desktop and mobile devices. Since the firm is partnered with EightCap, which is a regulated FX broker, the spreads are very low from 0 pips on major pairs. Get funded low spread trading account opportunities with Forex Prop Firm and start your trading journey with an edge. FPF support channels include live chat and email options. The firm lacks educational materials but has a blog that mainly provides stories about the firm and its traders.

FundedNext

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (13)

For Forex enthusiasts, low spread Forex prop firms like FundedNext provide the perfect platform to trade major pairs with tight spreads. Fees are super low from 49 USD and funding options are also diverse from 6k to 200 grand.

πŸ“Œ FundedNext Main Specs List πŸ‘‡:

  • Year founded - 2022
  • Based in - Ajman, United Arab Emirates
  • Minimum audition fee - 49 USD
  • Minimum funded amount - 6,000 USD
  • Maximum funded amount - 200,000 USD
  • Allowed daily loss - 5%
  • Profit target - 10-25%
  • Maximum drawdown - 10%
  • Profit sharing (Payouts) - 90%

FundedNext is a popular prop firm with diverse markets for trading such as Forex pairs, indices, and commodities. There are several funded account types including Stellar and Express and there is a FAQ section for getting answers to general questions. The firm provides live chat and email support. FundedNext lacks educational materials.

FundYourFX

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (14)

FundYourFX stands out among prop firms with lowest spreads, ensuring your trading strategy is efficiently executed.

πŸ“Œ FundYourFX Main Specs List πŸ‘‡:

  • Year founded - 2021
  • Based in - Indonesia
  • Minimum audition fee - 197 USD
  • Minimum funded amount - 6,000 USD
  • Maximum funded amount - 2,000,000 USD
  • Allowed daily loss - None
  • Profit target - 10%
  • Maximum drawdown - 5%
  • Profit sharing (Payouts) - 50% (up to 90%)

Traders can access diverse markets when they are trading on FundYourFX funded accounts, including Forex pairs, commodities, indices, and cryptos. The partner broker of FundYourFX is EightCap, which is a regulated broker allowing low spreads of 0 pips for 6 USD round turn commissions on FX. Trading platforms offered include MT4 and MT5 advanced software accessible on both mobile and desktop. FundYourFX support channels include live chat and email. The firm has no educational resources for beginner traders.

πŸ’‘ Tip on how to use low spread prop trading accounts profitably πŸ’‘

As we have mentioned, scalping strategies hold a definitive advantage over other methods when having low spreads and strict prop trading rules. Here are some pro tips for beginners to stay profitable and focused:

🎯 Focus on Scalping - Develop a scalping method and test it thoroughly. Use a demo account first and only then go for a challenge

πŸ•’ Trade During High Liquidity Times - Try to trade when markets move relatively quickly to scalp as many profits as possible, avoid trading during late trading hours as liquidity is waning during these times

πŸ“Š Use High Leverage Carefully - Scalping is about gaining many quick small profits, and large losses are the number one enemy. Use position sizing carefully, so as not to expose yourself to too many risks

πŸ” Pay Attention to News Events - Use an economic calendar and avoid trading during major news events to avoid breaching rules and big losses

πŸ›‘ Set Tight Stop-Losses - Always use tight stop-loss when scalping and cut losses quickly to stay profitable

🧐 Select the Right Pairs - Select pairs that provide the lowest spreads and a good amount of liquidity and volatility, major pairs are known for lower spreads

πŸš€ Lowest spread prop firms to get your funded account fromπŸš€ (2024)

FAQs

What prop firm has the lowest spread? β€Ί

Lark Funding is partnered with a regulated broker EightCap providing access to advanced MT4 and MT5 platforms and low spreads from 0 pips for 6 USD round turn commissions on FX pairs. Considered among the top low spread prop firms for Forex, Lark Funding is ideal for traders focusing on currency markets.

Which prop firm offers instant funding? β€Ί

FTUK is a Global One-Step and Instant Funding Prop Firm. Choose the Right Program For You.

Which is the best funding prop firm? β€Ί

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • The 5%ers.
  • Funded Next.
  • Funded Trading Plus.

What is the broker with the lowest spread? β€Ί

Intro and winners
  • IG - Lowest spread forex broker in 2024. ...
  • Oanda - Great trading platforms. ...
  • Forex.com - Low forex fees. ...
  • eToro - Free stock and ETF trading. ...
  • Interactive Brokers - Extremely low fees. ...
  • Fusion Markets - Low trading and non-trading fees. ...
  • IC Markets - Low forex fees. ...
  • Saxo Bank - Great trading platform.
May 3, 2024

What's the cheapest prop firm? β€Ί

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

How to get a free prop firm account? β€Ί

One way to start prop trading without paying a dime is to enter trading contests, where you can compete with other traders and show your skills. These are great opportunities to test your trading strategies, get feedback, and win prizes. Monitor or research different prop firms to see who offers this opportunity.

What prop firm has the shortest payout? β€Ί

Fastest Industry Payouts – MyFundedFutures has the fastest payouts in the futures prop trading space which has become more and more important with some of the other futures prop trading firms taking weeks to payout.

Which prop firm gives real money? β€Ί

Prop Trading Firms with Real Capital
Proprietary Trading FirmProvided with Real Capital
FunderProβœ…
Funding Pips❌
FXIFY❌
Glow Node❌
32 more rows
4 days ago

What is the best funded trader program? β€Ί

Top 5 Best Funded Trader Programs 2024
  1. Bespoke Funding Program. Bespoke Funding Program is a prop firm where traders come together to help each other grow and succeed. ...
  2. Funded Trading Plus. ...
  3. Trade The Pool. ...
  4. The 5ers. ...
  5. Instant Funding.
Mar 15, 2024

Which prop firm allows EA? β€Ί

1. FTMO. FTMO is a well-known prop firm that offers funding for traders who use EAs. They have gained popularity due to their unique approach to funding traders.

Which is the best source of funding? β€Ί

There are some good sources of funding one can turn to for their business:
  1. Bank or NBFC Loans. Every business needs working capital. ...
  2. Venture Capitalists. ...
  3. Angel Investors. ...
  4. Crowdfunding. ...
  5. Government Schemes. ...
  6. Self-Financing Your Business. ...
  7. Peer-to-Peer Lending. ...
  8. Retained Earnings.

Which broker has zero spread? β€Ί

FOREX.com requires a minimum deposit of 100 of your selected base currency and offers both fixed and variable spreads. FOREX.com is one of the best zero spread brokers for beginners and has an average execution speed of 0.05s. They offer advanced market analysis and straightforward tutorials for all level traders.

Which broker has zero commission? β€Ί

Brokers like Zerodha, Upstox, Fyers, ProStocks and Indiabulls offer brokerage free investment in the India stock market.

What pairs have the lowest spreads? β€Ί

Major currency pairs
  • EUR/USD, the lowest spread pair. ...
  • USD/JPY, the second lowest spread pair. ...
  • GBP/USD, a low spread pair on the move. ...
  • USD/CHF, a combination of low spread and high stability. ...
  • EUR/JPY, a non-USD pair with a low spread. ...
  • EUR/GBP, a strong pair with a low spread.

Is there a 0 spread broker? β€Ί

About zero spread forex brokers

A zero spread forex broker attempts to offer a spread of zero pips. The spread is the difference between the bid price (where you can sell) and the ask price (where you can buy), measured in pips (fractions of a currency).

Which prop firm is better than FTMO? β€Ί

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

What are the lowest spread indices? β€Ί

Among the most common indices offered as low spread CFDs are the German DAX index, the Japanese NIKKEI, and the US S&P 500. In addition to that, some brokers also offer indices from a range of the smaller European countries, New Zealand, Australia, and several Asian countries.

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