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Find the Best Prop Trading Firms of 2025

Top Prop Firms at a Glance

If you don’t want to read the full breakdown, here are our fastest recommendations based on common trader profiles.
Benchmark prop firm with elite tools and consistent payouts for serious forex traders.
Best for futures day traders with flexible evaluation options and regular promotions.

Advanced funding programs, advanced dashboards, and flexible evaluation paths!

Find the right prop firm for your trading style, capital, and risk profile. Prop trading firms have exploded in popularity, but not all firms are created equal. Some specialize in futures, others in forex and indices; some focus on fast funding, others on strict risk management and long-term sustainability. In this guide we’ve hand-picked the most reputable prop firms in 2025, compared their funding models and rules, and highlighted where each one shines – so you can spend less time researching and more time trading.

Fast, rules-simple funding built around a single drawdown rule.

TradeDay offers a clean, one-phase futures evaluation with fast payouts and wide platform support.

  • Futures-only firm with a simple max-drawdown evaluation.
  • Payouts available from day one with 24-hour processing.
  • Profit split starts at 80% and scales to 95%.
  • Multiple supported platforms, including TradeDayX and NinjaTrader.
Rating: 4.8 / 5

Fast-access futures funding with instant and challenge-based options.

Tradeify delivers a speed-focused futures model with instant funding, clear rules, and quick payouts across multiple platforms.

  • Futures-only firm with instant and one-step evaluation tracks.
  • One-hour payout claims with on-demand withdrawals.
  • Ninety-percent split on Lightning Funded withdrawals.
  • Wide platform support including NinjaTrader and TradingView.
Rating: 4.8 / 5

Instant-day payouts with transparent milestones and high split potential.

FT+ offers flexible evaluation paths and instant funding, with clear profit thresholds and fast, low-minimum withdrawals.

  • Instant Master track with payout splits up to 100%.
  • Multiple evaluation routes including One-Phase and Two-Phase.
  • Day-0 payouts and low $50 minimum withdrawals.
  • Wide platform coverage including MT5, cTrader, and DXtrade.

Rating: 4.5 / 5

Scalable futures funding with frequent promos and flexible rules.
Apex focuses on futures traders with multiple account sizes, relaxed daily drawdowns, and strong discount campaigns.
  • Futures-only firm with a range of evaluation account sizes.
  • Competitive trailing drawdown and profit targets.
  • Strong community presence and support resources.
  • Frequent coupon codes and promos for new traders.
Rating: 4.8 / 5
High-quality funding for advanced retail traders.
ATF targets experienced traders with professional-grade rules and larger capital.
  • Designed for experienced traders.
  • Institutional-style risk rules.
  • Large account sizes.
  • Strong option for proven traders.
Rating: 4.4 / 5

Low-cost, U.S.-regulated futures brokerage with multi-device platforms.

NinjaTrader delivers competitive futures pricing, broad platform access, and unlimited simulated trading for practice and strategy building.

  • Regulated U.S. futures broker with desktop, web, and mobile access.
  • Micro futures commissions as low as $0.09 on Lifetime pricing.
  • No-minimum accounts with easy ACH/debit funding.
  • Unlimited sim trading plus strong education and TradingView integration.

Rating: 4.8 / 5

Rule-driven forex prop firm with strong risk management.
Blue Guardian caters to disciplined forex and CFD traders with strict rules and long-term scaling options.
  • Forex, indices, and commodities on popular platforms.
  • 2-step evaluation with transparent rules.
  • Profit share designed for consistency.
  • Daily loss limits for professional risk control.
Rating: 4.6 / 5
Flexible challenges with a retail-friendly feel.
BluSky offers multiple evaluations and features like news trading permission and smooth payouts.
  • Forex and CFD coverage.
  • Multiple challenge types and account sizes.
  • Simple performance dashboard.
  • Great for traders moving from demo to funded.
Rating: 4.5 / 5
Affordable forex challenges with competitive fees.
Funding Pips offers low-cost entry challenges for forex and indices.
  • Low-cost accounts.
  • Forex & indices coverage.
  • Clear rules and loss limits.
  • Ideal for new traders.
Rating: 4.4 / 5
Flexible challenge and instant tracks with high performance splits.
Funded Next supports CFD and futures traders with multiple funding routes, fast reward processing, and wide platform compatibility.
  • One-Step, Two-Step, Lite, and Stellar Instant funding options.
  • Performance rewards processed within 24 hours.
  • Generous splits: 80–90% standard, up to 95–100% with add-ons.
  • Supports MT4/MT5, cTrader, Match-Trader, Tradovate, and NinjaTrader.

Rating: 4.5 / 5

Flagship forex prop firm with a proven track record.
FTMO provides a trusted 2-step challenge with advanced tools and analytics.
  • Top-tier liquidity partners.
  • Advanced analytics dashboards.
  • Strict but fair 2-step challenge.
  • Strong reputation and payout history.
Rating: 4.9 / 5
Technology-driven forex prop firm with sleek dashboards.
E8 Markets provides modern evaluation dashboards and fast payouts.
  • Real-time analytics and dashboards.
  • Simple 2-step evaluation.
  • Wide forex/CFD instrument list.
  • Scaling opportunities.
Rating: 4.7 / 5

Futures-only funding with clear rules and fast live-stage payouts.

Purdia offers traditional and instant tracks with defined milestones and daily, on-demand payouts once traders reach the live account.

  • One-Step, Two-Step, and Instant Funding options.
  • Daily payout requests after live-stage activation.
  • Ninety-ten profit split on live withdrawals.
  • Platforms include NinjaTrader, Tradovate, and TradingView.

Rating: 4 / 5

Simulation-only futures programs with frequent reward cycles.

Funding Ticks offers Pro+ and Zero accounts featuring five-day reward intervals, clear thresholds, and a consistent ninety-percent reward structure.

  • Simulation-based futures programs with public reward rules.
  • Ninety-percent rewards every five trading days.
  • Zero-denial messaging with listed caps per account size.
  • Dashboard-driven workflow with clear operational guidelines.

Rating: 4 / 5

Futures-only funding with one-step and instant simulated programs.

Top One offers a one-step Elite Challenge and instant-access accounts, with 10-day payout cycles and clearly defined risk rules.

  • One-step and instant simulated funding options.
  • Payouts every ten active trading days via Plane.com.
  • 2.5% daily loss limit and EOD trailing drawdown.
  • Platforms include Project X (web) and Quantower (desktop).

Rating: 3.8 / 5

On-demand reward access with fast, trader-driven withdrawal cycles.

Funder Pro centers on its Daily Rewards accounts, offering anytime profit claims, fast processing, and competitive splits up to ninety-ten.

  • Daily Rewards enable withdrawals at 1% profit.
  • Rewards typically processed within one business day.
  • Splits reach up to 90/10 across programs.
  • One-Phase and Classic accounts use bi-weekly payouts.

Rating: 3.8 / 5

Long-term, capital-growth prop firm with a mentoring angle.
CTI emphasizes education, professional risk rules, and capital-growth programs.
  • Capital growth focus over quick flips.
  • Educational resources and coaching.
  • Refined risk metrics.
  • Ideal for long-term career traders.
Rating: 4.4 / 5
Fast-moving prop firm with modern conditions.
Fxify provides fast verification, clean dashboards, and active payouts.
  • Modern UX.
  • Multiple challenge models.
  • Quick payouts.
  • Great for intraday traders.
Rating: 4.4 / 5

Single-phase futures evaluations with structured withdrawal cycles.

My Funded Futures offers straightforward evaluations and tiered payout timing, supported by broad platform access and RISE processing.

  • Single-phase programs: Starter, Core, Scale, and Pro.
  • Payout eligibility after five winning days.
  • Weekly withdrawals on Core/Scale; 14-day cycle on Pro.
  • Supports NinjaTrader, Tradovate, and TradingView.

Rating: 3.7 / 5

Forex & CFD funding with instant access and fast 24-hour payouts.
Top One Trader provides Instant Funding plus one- and two-step evaluations, all with no time limits and broad multi-platform support.
  • Instant Funding and one/two-step evaluations.
  • Payouts typically processed within 24 hours via Rise.
  • Profit splits up to 90% across funded accounts.
  • Platforms include TradeLocker, Match-Trader, cTrader, and MT5.

Rating: 3.7 / 5

Evaluation and instant futures funding with flexible withdrawal rules.
TickTickTrader offers Evaluation and S2F/S2F+ accounts, daily withdrawal options on S2F+, and broad platform access through Rithmic.
  • Evaluation and Straight-to-Funded (S2F/S2F+) programs.
  • Daily withdrawals on S2F+ with a $250 minimum.
  • Live funded transition after six completed payouts.
  • Rithmic access to Quantower, Sierra Chart, MotiveWave, and more.

Rating: 3.7 / 5

Forex & CFD funding with instant, two-step, and bootcamp scaling paths.

The5ers supports multiple funding models with milestone withdrawals, broad asset coverage, and scaling potential up to four million dollars.

  • Instant Funding, High Stakes, and Bootcamp programs.
  • Milestone withdrawals while advancing the scaling plan.
  • Supports MT5 and cTrader across forex, metals, indices, and crypto.
  • News and weekend holding allowed under stated conditions.

Rating: 3.7 / 5

Community-driven futures prop firm.
FFF emphasizes education, community, and multiple futures evaluation types.
  • Futures-only focus.
  • Community support culture.
  • Multiple evaluation sizes.
  • Ideal for learning-focused traders.
Rating: 4.5 / 5
Futures funding with evaluation and direct-access paths.

Lucid Trading offers LucidTest, LucidPro, and LucidDirect, featuring no payout window, a 90/10 split, and fast approvals within two business days.

  • Evaluation or direct-funded routes with clear rules.
  • First payout after 10 trading days with buffer/consistency checks.
  • Transitions available to LucidLive for real-capital trading.
  • Platforms include Project X and Rithmic (Quantower, MotiveWave).
Rating: 4.7 / 5
Instant & challenge funding with strong profit splits.
GFT offers instant funding, bi-weekly payouts, and diverse instrument coverage.
  • Instant funding available.
  • High profit splits.
  • Multi-step challenges.
  • Very flexible structure.
Rating: 4.7 / 5
CFD/FX challenges with optional instant access and upgradeable splits.

FundingTraders offers 1-Step, 2-Step, and Instant Funding options, with predictable 14-day payout cycles and profit splits that can reach 100% via add-ons.

  • Challenge-based and Instant Funding programs.
  • 80% default split, upgradeable to 90–100%.
  • First payout after 14 days, then 14-day cycles.
  • Flexible 1-Step/2-Step models to match trading styles.

Rating: 3.8 / 5

Focused funding for committed futures traders.
Straightforward futures evaluations with simple rules.
  • Futures on major exchanges.
  • Simple evaluation rules.
  • Multiple evaluation tiers.
  • Fast path to funding.
Rating: 4.3 / 5
Challenge-based funding with steady scaling.
Funding Traders rewards low drawdowns and consistent performance.
  • Multi-step evaluations.
  • Scaling incentives.
  • Forex & indices focus.
  • Best for mechanical system traders.
Rating: 4.3 / 5

Multi-step forex & CFD evaluations with scaling and flexible splits.

The Funded Trader provides one-, two-, and three-step models with unlimited trading days, tiered profit splits, and Rise/crypto withdrawal options.

  • One-step, Royal/Royal Pro, and Dragon evaluations.
  • Unlimited trading days with defined scaling paths.
  • Tiered profit splits across funded accounts.
  • Access to Match-Trader, cTrader, and Platform 5 (non-U.S.).

Rating: 3.8 / 5

How to Choose the Right Prop Firm for You

Markets you actually trade

Start by matching the firm to your preferred markets. Futures-only firms like Apex, Elite Trader Funding, or Funded Futures Family may be ideal if you specialize in CME futures. If you focus on forex and indices, firms like FTMO, E8 Markets, or FundedNext will feel more natural.

Evaluation style and time pressure

Some firms use strict 2-step challenges with daily loss limits and time constraints. Others offer slower evaluations or even instant funding. If pressure hurts your performance, pick a firm with more flexible rules and no hard deadlines.

Risk rules and drawdowns

The real “cost” of a prop account is often hidden in the rules. Study daily drawdown, trailing drawdown, news-trading rules, and weekend holding policies. Choose rules that fit how you already trade instead of changing your strategy just to pass.

Payouts, scaling, and reliability

Look for firms with transparent payout schedules, clear scaling paths, and a proven payment record. Community feedback, Trustpilot reviews, and time in business are helpful clues here.

Our Review Methodology

We evaluated each prop firm based on publicly available information on its website, third-party reviews, and trader feedback. Our scoring looks at trust and reputation, fairness and clarity of risk rules, trader experience (platform choice, dashboards, support), and payout structure. Because prop firm rules change frequently, always double-check the official website before buying a challenge.

Risk Disclaimer

Trading leveraged products such as forex, CFDs, and futures involves a high level of risk and is not suitable for every investor. Prop firm evaluations are not a guaranteed income and you can lose the entire amount you pay in challenge fees. Nothing on this page should be considered financial advice. Only trade with money you can afford to lose and consider speaking with a licensed financial professional before making major decisions.

Frequently Asked Questions

What is a prop trading firm?

A prop trading firm (proprietary trading firm) gives traders access to the firm’s capital in exchange for following specific risk rules and sharing a portion of the profits.

Are prop firms legit?

Many are, but not all. Look for firms with a longer track record, clear company details, transparent rules, and plenty of real trader feedback.

Which prop firm is best for beginners?

Cost-friendly firms with clear rules like Funding Pips or BluSky can be easier starting points. Beginners should focus on learning risk management and strategy first.

What’s the difference between a challenge and instant funding?

In a challenge, you must pass one or more evaluation phases by hitting profit targets without breaking risk rules. Instant funding gives you a funded account immediately, usually for a higher fee and with stricter drawdowns or lower profit splits.

Can I use EAs or algos with these firms?

Each firm has its own stance on EAs, copy trading, and high-frequency strategies. Many allow Expert Advisors under certain conditions, while others restrict specific styles such as grid or latency arbitrage.

How often can I get paid from a prop firm?

Payout cycles vary by firm – some offer bi-weekly or even weekly payouts, while others pay monthly or after a minimum number of tradable days.

Can I trade with multiple prop firms at once?

In most cases, yes, but some firms limit copy trading across accounts. If you trade multiple firms simultaneously, make sure you understand any rules around correlated risk or third-party copy tools.

Ready to Choose Your Next Prop Firm?

Prop trading can accelerate your growth as a trader, but only if you pick a firm whose rules fit your strategy and risk tolerance. Use the comparison above to shortlist a few options, read the full deep-dive pages, and always verify the latest conditions on the firm’s official site.

When you’re ready, start with a small challenge, treat it like a professional test, and let the data from your own trading results guide your next move.