FAQs
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.
Which prop firm provides real money? ›
Prop Trading Firms with Real Capital
Proprietary Trading Firm | Provided with Real Capital |
---|
FunderPro | ✅ |
Funding Pips | ❌ |
FXIFY | ❌ |
Glow Node | ❌ |
30 more rows
How to know if a prop firm is legit? ›
Your prop firm of choice should have at least some online reviews on authoritative websites like Trustpilot. They don't all need to be five-star reviews, but they should be positive overall. If it's a newer prop firm, it's okay if they don't have many reviews. But what you don't want to see is all negative reviews!
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.
Why is FTMO banned in the US? ›
FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.
Which Forex prop firm is best? ›
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 happens if you lose money in a prop firm? ›
Proprietary trading firms often provide evaluation accounts where you prove your trading skills. Usually, you pay a one-time fee to enter this "challenge." If you lose money during this evaluation, you won't owe anything beyond the initial fee.
What are the negatives of prop firms? ›
- Traders in prop firms often have limited control over the firm's capital. They may need to deposit their own money as collateral or risk management. - Additionally, payouts are subject to the firm's rules, which may restrict a trader's access to profits.
Which prop firm is better than FTMO? ›
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 is the failure rate of FTMO? ›
According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.
There is a very slim likelihood that they will succeed if the prop firm does not have their best interests in mind. Actually, one could compare the 95% of prop companies to a pyramid scheme. They either set you up to fail or compensate you with other traders' losses.
What percent of traders pass prop firms? ›
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.
Is FTMO trustworthy? ›
Having successfully operated since 2015, we provided thousands of clients with their FTMO Accounts, and in total, we have paid out over $160 million. We've also been featured in Forbes and awarded by Deloitte and EY multiple times.
Is FTMO the best prop firm? ›
One of the main reasons why FTMO is a good prop firm is their investment options. They offer traders the opportunity to trade with their own capital, as well as access to additional capital from FTMO.
Which funding prop firm is best? ›
Best Prop Trading Firms 2024 - Reviewed by Experts
- Topstep: A Leader in Trading Innovation. ...
- The 5%ers: Forex Trading with a Twist. ...
- Earn2Trade: Empowering Aspiring Traders. ...
- SurgeTrader: A Gateway to Diverse Trading Assets. ...
- FTMO: Stringent Yet Rewarding. ...
- E8 Funding: Innovative and Flexible.