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Prop Trading Firms
in 2024: Detailed analysis
Prop firms offer investors their capital and trading platform, which is beneficial for both parties. We have selected the best companies with great conditions for traders.
Updated 27-07-2024
The most reputable prop trading firms
Affordable payment
Profit Share
Up to 95%
Ballance
$5.000-
$300,000
$300,000
Initial payment
From $32
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Convenient system of payments
Profit Share
Up to 90%
Ballance
$5.000- $300,000
Initial payment
From $36
Leverage
Up to 1:50
Max loss
14%
Website
Full information
Challenges from $5
Profit Share
Up to 90%
Ballance
$2,500-
$200,000
$200,000
Initial payment
From $5
Leverage
Up to 1:500
Max loss
10%
Website
Full information
Scale up to $2 million
Profit Share
Up to 90%
Ballance
$5.000-
$300,000
$300,000
Initial payment
From $55,25
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Simple rules
Profit Share
Up to 95%
Ballance
$5.000-
$100,000
$100,000
Initial payment
From $57
Leverage
Up to 1:100
Max loss
12%
Website
Full information
Most Trusted
Profit Share
Up to 100%
Ballance
$5.000-
$200,000
$200,000
Initial payment
From $119
Leverage
Up to 1:30
Max loss
10%
Website
Full information
Professional education
Profit Share
Up to 80%
Ballance
$25.000-
$400,000
$400,000
Initial payment
From $95
Leverage
Up to 1:50
Max loss
6%
Website
Full information
Profit Share
Up to 80%
Ballance
$10.000-
$200,000
$200,000
Initial payment
From $97
Leverage
Up to 1:100
Max loss
10%
Simple and trusted
Website
Full information
Profit Share
Up to 95%
Ballance
$5.000-
$400,000
$400,000
Initial payment
From $34
Leverage
Up to 1:50
Max loss
14%
Сustomisable programs
Website
Full information
Profit Share
Up to 85%
Ballance
$7,500-
$2.000.000
$2.000.000
Initial payment
From $129
Leverage
Up to 1:100
Max loss
10%
Prop Firm since 2012
Website
Full information
Flexible trading conditions
Profit Share
Up to 80%
Ballance
$10,000-
$200.000
$200.000
Initial payment
From $99
Leverage
Up to 1:100
Max loss
12%
Website
Full information
Lowest cost
Profit Share
Up to 80%
Ballance
$2,000-
$100.000
$100.000
Initial payment
From $15
Leverage
Up to 1:75
Max loss
8%
Website
Full information
Many strategies are allowed
Profit Share
Up to 100%
Ballance
$4,000-
$80.000
$80.000
Initial payment
From $39
Leverage
Up to 1:33
Max loss
10%
Website
Full information
Large selection of programs
Profit Share
Up to 85%
Ballance
$10,000-
$200.000
$200.000
Initial payment
From $50
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Simple one step challenge
Profit Share
Up to 90%
Ballance
$25,000-
$250.000
$250.000
Initial payment
From $125
Leverage
Up to 1:100
Max loss
Trailing drawdown
Website
Full information
Low profit target
Profit Share
Up to 95%
Ballance
$5,000-
$800.000
$800.000
Initial payment
From $40
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Simple rules, High profit
Profit Share
Up to 100%
Ballance
$5,000-
$200.000
$200.000
Initial payment
From $50
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Challenges from $14
Profit Share
Up to 90%
Ballance
$7,500-
$200.000
$200.000
Initial payment
From $14
Leverage
Up to 1:100
Max loss
12%
Website
Full information
No Consistency Rule
Profit Share
Up to 100%
Ballance
$10,000-
$400.000
$400.000
Initial payment
From $94
Leverage
Up to 1:30
Max loss
12%
Website
Full information
Payout Guarantee
Profit Share
Up to 90%
Ballance
$5,000-
$400.000
$400.000
Initial payment
From $45
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Scaling Plan up to €5,000,000
Profit Share
Up to 80%
Ballance
$10,000-
$250,000
$250,000
Initial payment
From $99
Leverage
Up to 1:30
Max loss
7%
Website
Full information
Hold Trades Over The Weekend
Profit Share
Up to 90%
Ballance
$6,000-
$200,000
$200,000
Initial payment
From $39
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Max loss
10%
Website
Full information
Large Funded Account
Profit Share
Up to 80%
Ballance
$10.000-
$400,000
$400,000
Initial payment
From €89
Leverage
Up to 1:100
Max loss
5%
Website
Full information
Free demo account
Profit Share
Hasta el 90%
Ballance
$25.000-
$1.000.000
$1.000.000
Initial payment
Desde $250
Leverage
Hasta el
1:10
1:10
5 types of challenges
Profit Share
Up to 80%
Ballance
$5.000-
$300.000
$300.000
Initial payment
From $38
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Simple Rules
Profit Share
Up to 100%
Ballance
$50.000-
$150.000
$150.000
Initial payment
From $80
Leverage
Up to 1:10
Max loss
14%
Website
Full information
No minimum trading days
Profit Share
Up to 80%
Ballance
$25.000-
$200.000
$200.000
Initial payment
From $399
Leverage
Up to 1:100
Max loss
10%
Website
Full information
Performance statistics platform
Profit Share
Up to 70%
Ballance
$3.000-
$160.000
$160.000
Initial payment
From $97
Leverage
N/A
Max loss
10%
Website
Full information
Guaranteed payments
Profit Share
Up to 90%
Ballance
$12.500-
$250.000
$250.000
Initial payment
From $81
Leverage
Up to 1:50
Max loss
10%
Website
Full information
High profit
Profit Share
Up to 95%
Ballance
$5.000-
$600,000
$600,000
Initial payment
From $49
Leverage
Up to 1:200
Max loss
10%
Website
Full information
What is Prop Trading
A prop firm is a company that provides its trader clients with access to capital and special software. In return, traders share with the company a percentage of the profits made. Make trades in the demo environmentand prove what you can do before real trading!
What is Prop Trading
A prop firm is a company that provides its trader clients with access to capital and special software. In return, traders share with the company a percentage of the profits made. Make trades in the demo environment and prove what you can do before real trading!
Criteria for selecting Prop Firms
To choose a quality prop firm focus on these criteria:
◉ Trading platforms: Make sure the firm gives you access to reliable and efficient platforms.
◉ Trading tools: Choose firms that provide the tools you need to support your strategies.
◉ Other factors: Consider the firm's reputation, customer service, and detailed commission and profit sharing.
Choosing the right prop firm directly affects the security of a trader's account and their earning potential. With successful trading, using additional capital, a trader can ensure an income on a regular basis.
◉ Trading platforms: Make sure the firm gives you access to reliable and efficient platforms.
◉ Trading tools: Choose firms that provide the tools you need to support your strategies.
◉ Other factors: Consider the firm's reputation, customer service, and detailed commission and profit sharing.
Choosing the right prop firm directly affects the security of a trader's account and their earning potential. With successful trading, using additional capital, a trader can ensure an income on a regular basis.
Key terms to know
Profit share is the percentage of the trader's profits that the firm pays to the trader. This is a key aspect of the remuneration structure that directly affects your profits.
Balance reflects the budget that the trader has available for trading activities. The balance is funded by the firm.
Initial payment is the fee that traders pay to access the firm's resources and trading capital. It is important that the fee is not only affordable, but also transparent and understandable.
Maximum drawdown defines the limit of potential losses from a trader's initial deposit, typically varying around 10%. For example, with a $10,000 balance, the maximum drawdown would be $1,000. This serves as a risk management measure to protect the trader and the company from excessive losses.
How to Start?
The beginning of the trading process can be broken down into four phases:
Sign up
Start by registering with the company and selecting your account type. Try to start with the easiest and increase your goals as you gain experience.
Pass the test
Achieve your trading goals and demonstrate your skills, discipline and experience on a demo account.
Get a top-up account
Upon successful completion of the challenges, you will receive a top-up savings account that will allow you to earn real profits.
Withdraw your earnings
You can request a withdrawal depending on the terms and conditions of the contract. This is usually 2 or more times per month.
Benefits of trading with a prop firm
Access to more capitalTraders have access to significantly more capital than they could afford on their own, allowing them to make larger trades and potentially higher profits.
Technology and toolsProp firms provide traders with state-of-the-art software, analytical tools and all needed data that is essential for effective deals.
No personal riskBecause traders use the firm's capital, they do not risk their own money. However, remember that the trader pays an entry fee and is responsible for quality trading.
Training and developmentMany prop firms offer training and mentoring programmes to help traders refine their strategies and trading skills.
Consultation
How to assess whether it is worthwhile to co-operate with a company?
FAQ
Which prop trading firm is best?
You'll find all the leading prop firms on this page and you can compare key metrics to choose the right one for you. Choosing the best prop company depends on your specific needs, trading style.
What is the daily drawdown?
The daily drawdown refers to the maximum amount your account can decrease in value over a single trading day. This is set to limit financial risk.
How much profit share should I expect after getting funding?
Profit share varies by firm, but typically, traders can expect to keep between 50% and 90% of the profits earned, depending on the agreement with the prop firm.
What is a target profit?
A target profit is a pre-defined financial goal that traders aim to achieve within a specific time frame as set by the trading firm. Meeting this target is often necessary to fulfil performance benchmarks or qualify for additional funding.
Does prop trading always start on a demo account?
Most prop firms start traders on a demo account to evaluate their trading strategy, risk management skills, and overall compatibility with the firm’s guidelines before providing them with real capital.
What is the maximum drawdown allowed?
The maximum drawdown allowed varies by firm but is generally set around 10% to 20% of the allocated trading capital to limit losses and protect the firm’s investment.
What trading platforms are used for prop trading?
MetaTrader 4 and 5 remain popular, but following recent regulatory intervention, cTrader and DXtrade have emerged as alternatives.
What limitations can a prop firm give?
Prop firms often impose restrictions to manage risk, including prohibiting certain trading strategies such as Martingale and hedging, prohibiting trading on weekends, during major news releases, or requiring the use of stop losses. They may also impose limits on the maximum volume of a single trade.
What trading tools are available for prop firm traders?
The trader will be provided with those tools that are available on the trading platform. These are mainly standard instruments: currency pairs, indices, company shares, futures, metals, commodities, cryptocurrency.
Which prop firm is most trusted?
The most trusted proprietary trading firm in India can be identified by its longevity in the market, trader feedback, transparency of profit and commission distribution, and adherence to financial regulations. We have described the most reliable firms for you in this article.