Top 8

Top 8 Prop Trading Firms of 2024: Unlock Your Trading Potential

In this article, we’ll explore the top 8 proprietary trading firms dominating the market today. Prop trading firms offer a unique blend of perks and opportunities, allowing you to showcase your trading skills across various markets. With so many options available, finding the right firm can be challenging. Whether you're a newcomer to prop trading or looking to advance your career, understanding the benefits and features of these firms is crucial. This list highlights the key factors to consider when choosing the best prop trading firm to elevate your trading journey.

Let’s delve deeper:

Who Are The Best Prop Trading Firms?

Alpha Capital

At Alpha Capital Group we offer funding up to £2,000,000 for profitable traders who can demonstrate an ability to react to the markets, manage risk and most importantly generate profits.We provide our traders with a platform that encompasses educational videos, market insights, trading strategies, 1-1 mentoring sessions andcustom-built trading technology to assist traders of all levels on their journey towards getting funded and becoming one of our proprietary traders.

World Icon
Location
United Kingdom
Profit Split Icon
Profit Split
80
%
Payout Frequency
Payout Frequency
14 Days
Leverage
Leverage

100:1 Leverage for every instrument.

Commissions Icon
Commissions

Standard Spread:

There are no commission fees for trading across all asset classes with Alpha Capital Group.

Raw Spread:

All instruments have a commission of 5$.

Person Icon
Leadership
CEO:
Andrew Blaylock
Instagram LogoX.com LogoLinkedin Logo
What You Can Trade:
Highlights:
Pros:
Cons:
5.0
sold 16

AquaFunded

Aqua Funded was founded in 2023 and operates out of the UAE under the leadership of CEO Jason Blax. This firm offers a prop trading environment where traders can enhance their skills through structured evaluation programs.

Aqua Funded also provides a unique scaling plan, allowing traders to increase their account sizes up to $2,000,000 by achieving a 12% profit over three months. The firm encourages regular trading, requiring at least one trade every 30 days to maintain account status.

Payouts are processed quickly within 1-2 business days via RiseWorks.io, and withdrawals can be requested every 14 days, provided the account is in good standing. The firm supports multiple accounts and allows traders to merge funded accounts up to $400,000.

Traders have the flexibility to hold trades overnight or over weekends, and can use EAs and trade copiers. Hedging, Martingale strategies, and copy trading between Aqua Funded accounts are also permitted, catering to various trading styles.

Aqua Funded emphasizes transparency and trader support, offering clear guidelines and avoiding hidden rules. The firm ensures that trading is conducted ethically and prohibits any unfair trading practices.

World Icon
Location
United Arab Emirates
Profit Split Icon
Profit Split
90
%
Payout Frequency
Payout Frequency
14 Days
Leverage
Leverage
  • Forex = 1:100
  • Indices = 1:20
  • Commodities = 1:20
  • Crypto = 1:2
Commissions Icon
Commissions
  • Forex: $5 per lot
  • Commodities: $5 per lot
  • Indices: $0
  • Crypto: $0
Person Icon
Leadership
CEO:
Jason Blax
Instagram LogoX.com LogoLinkedin Logo
What You Can Trade:
Highlights:
Pros:
Cons:
5.0
sold 16

Blue Guardian

At Blue Guardian, we strive to aid skillful and experienced traders to maximize their talent to full potential and secure a funded account with us. We came to understand that an edge in the financial market requires both sufficient capital and a well developed strategy. Therefore, our goal became clear as we seek to find and accredit smart traders giving them the potential to make a sufficient income. Aiding them with a helping hand, a hand which may set them one step closer to financial freedom.

The team here at Blue Guardian were all originally traders so we know what we are seeking for when it comes to realistic results. We believe that it is not possible to generate and maintain such high returns other prop firms require to pass. Therefore, our team has developed a model which we believe will allow traders with all different styles a realistic chance at becoming a funded trader.

World Icon
Location
United Arab Emirates
Profit Split Icon
Profit Split
85
%
Payout Frequency
Payout Frequency
14
Leverage
Leverage

Unlimited:

  • Forex = 1:100
  • Indices = 1:20
  • Commodities = 1:20
  • Crypto = 1:2

Elite:

  • Forex = 1:50
  • Indices = 1:20
  • Commodities = 1:20
  • Crypto = 1:2
Commissions Icon
Commissions

MatchTrader:

  • FX & Commodities: $5 per lot
  • Crypto & Indices: $0
  • DxTrade:
    • FX & Commodities: $7 per lot
    • Crypto & Indices: $0
  • Ctrader:
    • FX & Commodities: $5 per lot
    • Crypto & Indices: $0
  • Person Icon
    Leadership
    CEO:
    Sean Bainton
    Instagram LogoX.com LogoLinkedin Logo
    What You Can Trade:
    Highlights:
    Pros:
    Cons:
    5.0
    sold 16

    FTMO

    FTMO is a place where talent is cherished and cultivated. Our team is built by highly committed professionals, but what truly stands behind the success of FTMO is tight cooperation between our teams and the overall friendly spirit that rules our company. Thanks to such environment, we’re able to grow our skillsets both individually and also as a team.

    Every colleague is an expert in their field just as our FTMO Traders are experts in trading. With more FTMO Traders, more FTMO Team players are necessary to satisfy their trading needs. Providing an A to Z customer care, creating an analytic trading environment with the best possible conditions, or providing high-class education – all of that is a part of our goal. Trading is our passion.

    World Icon
    Location
    Czech Republic
    Profit Split Icon
    Profit Split
    80
    %
    Payout Frequency
    Payout Frequency
    14 Days
    Leverage
    Leverage

    Normal:

    • Forex = 1:100
    • Exotics = 1:100
    • Metals CFD = 1:50
    • Cash CFD = 1:50
    • Futures CFD = 1:50
    • Crypto CFD = 1:3.3
    • Equities CFD = 1:3.3

    Swing:

    • Forex = 1:30
    • Exotics = 1:30
    • Metals CFD = 1:15
    • Cash CFD = 1:15
    • Futures CFD = 1:15
    • Crypto = 1:1
    • Equities CFD = 1:1
    Commissions Icon
    Commissions
    Person Icon
    Leadership
    CEO:
    Instagram LogoX.com LogoLinkedin Logo
    What You Can Trade:
    Highlights:
    Pros:
    Cons:
    5.0
    sold 16

    FundedNext

    FundedNext is a proprietary trading firm that empowers forex traders to access significant trading capital without risking their own funds. We stand out in the prop trading industry through our commitment to trader success and reliable payouts.

    Our platform offers three distinct trading programs - Evaluation, Express, and Stellar - each designed to match different trading styles. Traders can earn real profits starting from their challenge phase with a 15% profit share, which can increase to 90% once funded. For ambitious traders, we provide scaling opportunities up to $4 million in trading capital.

    What truly sets us apart is our dedication to reliable payouts. We're the only prop firm that guarantees 24-hour payment processing, backed by our unique promise: if we miss this timeline, traders receive an additional $1,000 compensation with their payout.

    At FundedNext, we're more than just a funding source - we're a long-term partner committed to helping traders succeed in the forex markets through reliable funding, fast payouts, and sustainable growth opportunities.

    World Icon
    Location
    United Arab Emirates
    Profit Split Icon
    Profit Split
    80
    %
    Payout Frequency
    Payout Frequency
    Monthly
    Leverage
    Leverage

    Standard Programs (Evaluation & Express Challenge)

    • All phases use the same leverage:
      • Forex: 100:1
      • Indices: 15:1
      • Commodities: 25:1
      • Crypto: 1:1

    Stellar One-Step Program

    • Uses lower leverage throughout:
      • Forex: 30:1
      • Indices: 5:1
      • Commodities: 10:1
      • Crypto: 1:1

    Stellar Two-Step Program

    • Same as standard leverage:
      • Forex: 100:1
      • Indices: 15:1
      • Commodities: 25:1
      • Crypto: 1:1

    Stellar Lite Program

    • Same as standard leverage:
      • Forex: 100:1
      • Indices: 15:1
      • Commodities: 25:1
      • Crypto: 1:1

    Commissions Icon
    Commissions

    Standard Commission Rate(For Evaluation, Express, Stellar One-Step & Two-Step)

    • Forex: $3 per lot
    • Commodities: $3 per lot
    • Indices: Free
    • Crypto: Free

    Stellar Lite Commission Rate(Higher commission but lower entry cost)

    • Forex: $7 per lot
    • Commodities: $7 per lot
    • Indices: Free
    • Crypto: Free
    Person Icon
    Leadership
    CEO:
    Abdullah Jayed
    Instagram LogoX.com LogoLinkedin Logo
    What You Can Trade:
    Highlights:
    Pros:
    Cons:
    5.0
    sold 16

    Funding Pips

    Funding Pips believes that traders go through multiple levels in their careers, Student - Practitioner - Senior - Master, with FP's in house-built evaluation models and funded (Master), which's built to find trading talents while helping them get through their funding problems, by offering them the possibility to trade up $300.000.

    World Icon
    Location
    United Arab Emirates
    Profit Split Icon
    Profit Split
    80%
    %
    Payout Frequency
    Payout Frequency
    5 Days
    Leverage
    Leverage
    • Forex = 1:100
    • Metals = 1:50
    • Energies = 1:50
    • Indices = 1:30
    • Crypto = 1:2
    Commissions Icon
    Commissions
    • Forex and Metals have a 2$ commission per lot.
    • Crypto, Indices, and Oil are commission-free.
    Person Icon
    Leadership
    CEO:
    Khaled Ayesh
    Instagram LogoX.com LogoLinkedin Logo
    What You Can Trade:
    Highlights:
    Pros:
    Cons:
    5.0
    sold 16

    Goat Funded Trader

    At GoatFundedTrader, we offer trading objectives to help you prove your discipline as a trader. With multiple product options to choose based on your experience, we are committed to provide you with the best resources and support you need to succeed.

    World Icon
    Location
    Spain
    Profit Split Icon
    Profit Split
    80
    %
    Payout Frequency
    Payout Frequency
    24h from first trade, then every 30 days
    Leverage
    Leverage

    Classic and No Time Limit Evaluations:

    • Forex, Metals, Oils - 1:100
    • Gold - 1:80
    • Indices and Commodities - 1:20
    • Crypto - 1:2

    One Step Evaluations:

    • Forex, Metals, Oils - 1:30
    • Gold - 1:30
    • Indices and Commodities - 1:20
    • Crypto - 1:2
    Commissions Icon
    Commissions
      For people trading with Match-Trade, our commission structure involves a flat fee of $0 per lot for cryptocurrencies and indices, $5 per lot for commodities, forex and metals.

    Person Icon
    Leadership
    CEO:
    Edoardo Dalla Torre
    Instagram LogoX.com LogoLinkedin Logo
    What You Can Trade:
    Highlights:
    Pros:
    Cons:
    5.0
    sold 16

    The 5%ers

    The5ers is a Private Equity Fund. We provide unique career enhancers for worldwide Forex traders, including a scaling plan to boost capital levels and earn profits. Our fund was established by professional forex traders, to create an open career-building platform for forex traders.

    World Icon
    Location
    Israel
    Profit Split Icon
    Profit Split
    50
    %
    Payout Frequency
    Payout Frequency
    14 Days
    Leverage
    Leverage

    High Stakes leverages:

    • Forex = 1:100
    • Metals = 1:33
    • Indices = 1:25
    • Crypto = 1:2
    • Oil = 1:33

    Hyper-Growth leverages:

    • Forex = 1:30
    • Metals = 1:10
    • Indices = 1:7.5
    • Crypto = 1:0.60
    • Oil = 1:10

    Bootcamp leverages:

    • Forex = 1:10
    • Metals = 1:3.3
    • Indices = 1:2.5
    • Crypto = 1:0.20
    • Oil = 1:3.3
    Commissions Icon
    Commissions

    The 5%ers trading activities are all executed through their brokers, via the STP Market Execution. They have incorporated an ECN-Broker-Fees-Structure into their platform. The spread and commission are shown separately – the commission is $4 per lot round trip, which is 0.4 pips.

    The spread for EUR/USD is about 0.1  to 0.5 pips.

    The spread is variable, not fixed. During the night hours, when the volatility is relatively low, the spreads can get wide, especially during the rollover time (New-York midnight).

    Forex & Metals = $4 per round lot.

    Indices (per round lot):

    • SP500 = $2
    • NAS100 = $2
    • US30 = $2
    • DAX40 = $2
    • UK100 = $2
    • JPN225 = $0.50

    You pay a minimum of $0.75 or 1/2 of a cent.

    Example:

    Buy 50 shares of AAPL, will cose you $0.75

    Buy 200 shares of AAPL, will cost you $1

    Crypto and Oil are commission free.

    Person Icon
    Leadership
    CEO:
    Saul Lokier
    Instagram LogoX.com LogoLinkedin Logo
    What You Can Trade:
    Highlights:
    Pros:
    Cons:
    5.0
    sold 16

    Conclusion

    Navigating the world of proprietary trading can be overwhelming, but choosing the right firm is crucial to your success. The top 8 prop trading firms we've highlighted offer a range of unique opportunities, from diverse trading platforms and competitive profit splits to supportive educational resources and innovative funding programs. Each firm has its strengths, catering to different trading styles and experience levels. By thoroughly exploring these firms, you can find the best fit for your trading goals and advance your career with confidence. Happy trading!