Funded trading provides traders with the opportunity to earn profits using other firms’ capital, without risking their own accounts. By participating in these programs, traders can leverage a prop firm’s money and generate income without being responsible for any losses. However, it’s important to abide by their set rules and regulations. Limiting risk is a major advantage of a funded trader account. You must also pay a monthly fee to access the platform and real-time data. You must first be tested in some way to get a funded forex account. To prove your ability as a forex-sponsored trader; you must go through an evaluation process according to the rules set by the prop firm. You will be granted access to a prop firm’s funded account once you prove that you possess the skills to succeed in an evaluation. We have picked the Best Funded Trading firms based on factors including trading rules, initial funding, evaluation period, etc.
- Best Funding Trader Platforms
- Top 6 Funded Trader Programs
- FAQs
- Verdict
Best Funding Trader Platforms
#1 Best Overall
|  |  |  | |
| Name | Funded Trading Plus | TopStepTrader | FTMO | Apex Trader Funding |
| Audition Period: | None | 30 days | 4 days | None |
| Profit Share: | Up to 90% | 100% on the first $5,000 and then 90% | Up to 90% | Up to 90% |
| Markets: | Forex, Indices, Metals, Commodities, Cryptos | E-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Indices. | Forex, commodities, Indices, Crypto, Stocks, Bonds. | Forex, Indices, Metals, and Commodities. |
| Link | Learn More | Learn More | Learn More | Learn More |
1) Funded Trading Plus
Best Overall Prop Firm & Most Trusted
Funded Trading Plus is a globally renowned funded trading firm headquartered in London, England. Offers Discord Bot for quick support and profitable trading discussions. The founders have been real traders since 2013 havepartnered with EightCap.
They operate very differently to other Top Prop Firms – Which is what makes this company a great choice for traders.
#1 Top Pick
- Location: London, United Kingdom
- What they do: Offers one-stage funding, instant funding, and a classic two-stage funded account.
- Initial Balance: $12,500
- Refundable Registration Fee: Yes
- Profit-sharing: Up to 90%
Features:
- All trading styles allowed – EA’s & Algo’s included
- The only achievable scaling plan in the industry can double the account size every 10% profit, without delay
- No Time Limits: Funded Trading Plus pioneered no time limits. They have never imposed any time restrictions on traders
- 1:30 Leverage, Higher leverage = More failure
- No delays on payouts
- Up to a 90% payout split
- Very few ‘hard’ rules
- 24/7 customer support, real people on the end of queries.
- Active Discord community – over 20k active users
- Highest TrustPilot Rating of any firm, one of the most trusted in the industry
- Offers a variety of funding options for all types of traders
Pros
- Best Scaling Plan in the Industry
- No Time Limits
- Weekly Payouts, From Day 0
- Leverage Aligned With EU Regulatory Standards
Cons
- Daily Drawdown can only be removed at 10%
- Accounts start at $12,500
- Relative drawdown becomes static at 6%.
Key Specs:
Profit Share: Up to 90%
Trading Options: Forex, Indices, Metals, Commodities, Cryptos
Payout Methods: Deel and Cryptocurrency for withdrawals.
Fee Refunds: They refund fees on the Experienced Trader and Advanced Trader Programs once traders reach 10% profit on their live account upon request
Copy Trading: Copy trading one of your own accounts across to one of their FT+ accounts is allowed
Profit Share Up to 90%
2) TopStepTrader
Best Funded trading firm for Forex & Futures traders
TopStepTrader is one of the best-funded trading firms for day traders to operate with real accounts and assess their profit/loss performance. It helps traders improve their skills, habits, and discipline as they undergo evaluations to be funded. This funded trading firm has funded thousands of traders across the globe, paying out millions in withdrawals. They have been on the Inc. 5000 list of America’s fastest-growing private companies.
The firm is situated in Chicago and helps you achieve the Trading Combine objectives to unlock the funded account. You can easily reach all the payout milestones and earn exclusive gifts on Topstep.
#2
- Location: Chicago
- What they do: Provide prospective day traders with a simulated account.
- Initial Balance: 200k buying power for $125 monthly.
- Refundable Registration Fee: No
- Profit-sharing: Up to 50%
Features:
- Trading Combine Program: TopStep’s Trading Combine is an experiential learning and evaluation program for futures traders. It allows them to grow and test their skills in simulated markets before trading live.
- Flexible Daily Loss Limit: Traders benefit from a flexible daily loss limit, ensuring risk management and discipline in their trading activities.
- Range of Futures Contracts: TopStep provides traders with various futures contracts to trade, including popular options like E-mini S&P 500, NASDAQ 100, Crude Oil, Gold, and more.
- Scalable Funding Model: The platform offers a scalable funding model that accommodates traders of various experience levels, allowing them to access trading capital based on their performance.
- Educational Content: TopStep supports traders through educational content that enhances their trading knowledge and skills, preparing them for professional trading opportunities.
- Community Support: Traders benefit from a supportive community that encourages knowledge sharing and continuous improvement, fostering a collaborative environment for growth.
- Transparent Pricing: TopStep prides itself on transparent pricing, ensuring that traders understand the fees and costs associated with their trading activities.
- Realistic Trading Environment: The platform’s trading conditions are constructed to simulate real markets, providing traders with genuine risk and reward scenarios to prepare them for professional trading opportunities.
- Advanced Features: TopStep equips traders with advanced features like detailed analytics on trading performance, insights into maximum drawdown patterns, and tools for calculating daily loss limits and maximum position sizes.
- Choice of Trading Platforms: TopStep Traders can access leading trading platforms such as NinjaTrader and Quantower, offering advanced features for precise market analysis and effective trade execution.
Pros
- Choose 1:1 coaching, group coaching, or both!
- Personalized stats and tips are provided to improve performance.
- It helps you to understand your performance and helps you to grow.
- You can connect with expert traders via call, chat, WhatsApp, or email.
Cons
- The company doesn’t provide bonuses, automated trading, or other passive income options.
- Their support service works only on weekdays during set hours.
Key Specs:
Profit Share: 100% on the first $5,000 and then 90.
Instant funding: Initial Balance of 200k buying power for $125 monthly.
Trading Options: E-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Indices.
Pay Out Methods: Debit Card, Deel, Instant Card Transfer, Local e-wallets, Local Bank Transfer, Bank Transfers via SWIFT (bank transfers to Russia via SWIFT take about 10 days).
Profit Share Up to 50%
3) FTMO
Best secure funded trading platform
FTMO.com started as a small trading platform in 2014, created by a group of young day traders who had a shared passion for trading and wanted to create a trading platform for new traders
All the members leading the company use diversified trading techniques; However, they all have to work on a common moto, growing professionalism and discipline.
It led to the establishment of this company, as traders needed discipline, capital, and most importantly speculations about the price fluctuations of financial instruments.
With FTMO, the traders were allowed to secure more funds, and in May 2017, they launched an international version of the project called FTMO.com.
FTMO developed a unique 2-step evaluation process for traders to qualify. Their evaluation process consists of the FTMO Challenge and the Verification and is specifically designed to discover trading talents.
#3
- Location: Czech Republic
- What they do: FTMO prop trading firm offers a variety of trading instruments, including forex.
- Initial Balance: 25k balance for $250, 50k balance for $345
- Refundable Registration Fee: Yes
- Profit-sharing: Up to 90%
Features:
- 2-Step Evaluation Process: FTMO has developed a 2-step Evaluation Process to identify trading talents, allowing successful candidates to receive an FTMO Account with a balance of up to $200,000.
- Choice of Trading Platforms: FTMO offers its clients a selection of popular trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and the new DXtrade web platform. These platforms provide traders with diverse options to suit their preferences and trading styles.
- Robust and Reliable Solutions: The platforms offered by FTMO are robust and reliable, catering to the needs of most traders and ensuring a seamless trading experience.
- MetaTrader 4 and MetaTrader 5: MetaTrader 4 has been a popular choice among forex traders for its long-standing presence and user-friendly interface, while MetaTrader 5 has seen significant growth in user numbers within FTMO, indicating a rising preference for this platform.
- cTrader Platform: Despite being the newest platform with a modern look and feel, cTrader has garnered interest among FTMO clients, with a growing number of users showing interest in this platform.
- DXtrade Web Interface: FTMO introduced the DXtrade web interface in November 2023, expanding clients’ options and providing an additional alternative for traders looking for a user-friendly and efficient trading experience.
- Client Interest and Growth: FTMO’s client interest in the platforms offered continues to grow, with significant increases in clients using MetaTrader 5 and cTrader platforms since 2020, reflecting the platforms’ appeal and functionality.
- FX Pairs Supported: EURUSD, GBPUSD, GBPJPY, USDCAD, and AUDUSD
Pros
- In the FTMO challenge or verification, you don’t need to close your positions.
- You can trade your trading strategy with no limits or restrictions
- It allows news event trading and holding positions overnight.
- Offers a wide range of choices of assets across the board, with very low commissions.
Cons
- You must pass the FTMO challenge for 10 trading days. This could be difficult.
Key Specs:
Profit Share: The default playout ratio is 80%. For the scaling plan, you will get 90%.
Instant funding: 25k balance for $250, 50k balance for $345
Trading options: Forex, commodities, Indices, Crypto, Stocks, Bonds.
Pay Out Methods: Bank wire transfer, debit/credit card, Google Pay, Skrill.
Profit Share Up to 90%
4) Apex Trader Funding
Best Professional Funding Trader Program
Apex Trader Funding is the leading futures funding evaluation trader in the world. It has helped numerous funded traders worldwide to earn higher profits on their trading skills.
#4
- Location: Texas
- What they do: Offers 1-Step Evaluation with clear and attainable targets
- Initial Balance: $25,000
- Refundable Registration Fee: No
- Profit-sharing: 90%
Features:
- Flexible trading: There are no restrictions on trading styles, and it supports News trading strategies.
- Profit Sharing: Traders keep up to 90% of their profits while trading with Apex Trader Funding’s capital
- Maximum Funding: Traders can scale up to trade up to $300,000 of the company’s capital without risking personal funds.
- Flexible Daily Loss Limit: Traders benefit from a flexible daily loss limit, ensuring risk management and discipline in their trading activities.
- Forex pair supported: EUR/USD, GBP/USD, USD/JPY, AUD/CAD, EUR/GBP, USD/SGD
Pros
- Trade on Holidays
- 24/7 Customer Support (Phone, Live Chat, Email)
- No Daily Drawdown
Cons
- There are limited trading hours
Key Specs:
Profit Share: Up to 90%.
Initial Balance: $25,000
What they do: Offers 1-Step Evaluation with clear and attainable targets
Payout Methods: Bank wire transfer, debit/credit card, ACH
Profit Share Up to 90%
5) FXIFY
FXIFY is one of the best and most highly reputed performance based trading founded in 2023. The rules of this performance based trading firm are very transparent to facilitate the trading and funding process. It allows you to trade for at least 10 days and must not violate the rules. FXIFY has four levels in its performance accounts, and these PAs are simulated with real market prices from the liquidity providers.
#5
- Location: London, England
- What they do: Offers 1-Step Evaluation with clear and attainable targets
- Initial Balance: $25,000
- Refundable Registration Fee: No
- Profit-sharing: 90%
Features:
- You can freely trade with your strategy.
- Minimum 10 traded days.
- No daily drawdown.
- Only One login for multiple accounts.
- No scaling.
- You will get daily market updates and commentary via live streams.
- Allows you to trade full-size accounts.
- No minimum or maximum withdrawal limit after 1 month of Trading.
Pros
- There are no time limits in any of the stages.
- This firm works with the most reputed liquidity providers like Goldman Sachs, Barclays, etc.
- You have to pay just once as there are no monthly fees.
Cons
- Expensive fee for the traders who do not pass their evaluation
- The profit splits are slightly low.
Key Specs:
Profit Share: Up to 90%.
Initial Balance: $25,000
What they do: Offers 1-Step Evaluation with clear and attainable targets
Payout Methods: Bank wire transfer, debit/credit card, Cryptocurrency
Profit-sharing Up to 90%
6) FundedNext
FundedNext is a virtual funded trader program that offers a variety of services. This funded trader program has been one of the largest market-makers globally for the past two decades. At FundedNext, they use the most advanced tools for complex problems to get accurate results, making it one of the best funded trader program.
#6
- Location: United Arab Emirates (UAE)
- What they do: Offers 1-Step Evaluation with clear and attainable targets
- Initial Balance: $25,000 upto $200,000
- Refundable Registration Fee: No
- Profit-sharing: 90%
Features:
- Up to 95% profit split
- Provides great education to traders.
- Allows you to trade full-size accounts.
- Trade with up to 1:30 leverage for simulated forex instruments.
- There is no minimum simulated trading days for both challenge phases
- It provides a large amount of trading instruments, like commodities, forex pairs, indices, and cryptocurrency.
Pros
- It provides free virtual account with same trading conditions.
- Flexible trading rules with no minimum trading day requirements
- 24/7 customer service through live discord chat and email
Cons
- The monthly subscription fee may be too high for beginners.
- Users have limited control over their trades.
Key Specs:
Profit Share: Up to 90%.
Initial Balance: $25,000 upto $200,000
What they do: Offers 1-Step Evaluation with clear and attainable targets
Payout Methods: Bank wire transfer, debit/credit card, Cryptocurrency
Profit-sharing Up to 90%
7) FX2 Funding
FX2 Funding is the best funded trader program that places TRADERS FIRST. Based in the United States, they offer traders the simplest, most straightforward evaluation in the market. Every decision made in the company is designed to align with traders’ interests.
#7
- Location: USA
- What they do: You can trade Forex, Commodities, Indices, Crypto
- Initial Balance: $10,000 - $1,000,000
- Refundable Registration Fee: Yes
- Profit-sharing: Up to 85%
Features:
- 1-stage evaluation with No time limit evaluation
- No stop-loss requirements
- Weekend positions allowed
- Proven track record of profitable traders
- Access to proprietary trading software
- Access to a global trading community
- Safe and secure account management
Pros
- No Timeline evaluation
- Actual funded accounts with live market placement
- 1-stage evaluation
Cons
- No CFDs
- Temporary trailing drawdown
Key Specs:
Profit Share: Up to 85%
Location: USA
Initial Balance: $10,000 – $1,000,000
What they do: You can trade Forex, Commodities, Indices, Crypto
Refundable Registration Fee: Yes
Payout Methods: Credit Card, Bitcoin and Other Cryptocurrencies
Profit Share Up to 85%
8) Goat Funded Trader
Best VIRTUAL Profit Target In The Market
Goat Funded Trader is a worldwide operating prop trading founded in 2023. It is a funded trading firm that offers both instant funding and evaluation programs for traders. Goat Funded Trader maximum leverage for all accounts is 1:50, and it provides up to 95% profit split.
#8
Location: Hong Kong
What they do: This prop trading firm offer trading objectives to help you prove your discipline as a trader
Initial Balance: $5k to $200k
Refundable Registration Fee: Yes
Profit-sharing: Up to 95%
Features:
- Quick processing of profits into your account.
- You can have a maximum Loss of 8% to 10%.
- It offers leverage up to 1:100.
- There is no minimal trading day requirement or time pressure.
- It offers fidelity program to their valued customers.
- You can withdraw your profits with few simple clicks.
Pros
- It allows allows news-based trading.
- Trade on Holidays
- Clear & Simple Trading Rules
Cons
- Evaluation process can be challenging for someone.
Key Specs:
Profit Share: Up to 95%
Account Size: From 5k to 200k
Location: Hong Kong
Trading Options: Forex, Metals, Indices & Stocks
Payout Methods: Credit Card, Debit Card & Crypto.
Profit Share Up to 95%
How to Choose a Funded Trading Program?
Here are some crucial aspects to consider while selecting a funded trader program:
- Overall Experience: To experience the process, it’s a good idea to sign up and go through the whole process, from free trial to partner withdrawal.
- Assess value: It’s important to look for leaders in their funded program niche. You should consider programs that offer unique features at a superior price point.
- You can examine funded program features: Check out the features, drawdown types, parameters, and qualification requirements of a funded trader account.
- Live trading or funded firm: They should provide detailed explanations of program fees, trading parameters, withdrawal conditions, withdrawal speeds, and withdrawal limits.
FAQ:
The funded traders are proficient traders who can potentially make consistent profits. When you become one, there is an agreement on the profit distribution between the proprietary firm and the trader.
Funded trading offers enough capital and purchasing power to traders and let them make money while leveraging prop firm’s money. It generates higher income for the funding firm and the individual trader. The companies retain highly skilled traders in the investment funding firm’s interest, allowing them to grab a reasonable share of profits.
Forex traders who manage a fully funded trading account receive monthly payments based on their trading performance. The amount of money you can make with a funded trading platform depends on various factors, including your trading performance, strategies, and success ratio. It also depends on the type of funding trading program you choose. If you’re interested in exploring alternative financial tools to enhance your trading experience, you may consider utilizing a virtual debit/credit card.
Best Funding Trader Platforms
#1 Best Overall
| | | | |
| Name | Funded Trading Plus | TopStepTrader | FTMO | Apex Trader Funding |
| Audition Period: | None | 30 days | 4 days | None |
| Profit Share: | Up to 90% | 100% on the first $5,000 and then 90% | Up to 90% | Up to 90% |
| Markets: | Forex, Indices, Metals, Commodities, Cryptos | E-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Indices. | Forex, commodities, Indices, Crypto, Stocks, Bonds. | Forex, Indices, Metals, and Commodities. |
| Link | Learn More | Learn More | Learn More | Learn More |
Verdict:
Program quality varies from company to company. If you choose the right company to work with, funded trading programs can be very lucrative. However, it is a new business model for this industry.
There for, it is imperative to opt for trustworthy prop trading firms like OneUp Trader or Goat Funded Trader.
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