Best Forex Proprietary Trading Companies in Germany

Is Forex prop trading a good idea in Germany?

Forex prop trading is a type of trading program offered by certain companies, where traders are provided with an account funded by the company and can trade on behalf of the company.

This type of trading is becoming increasingly popular in Germany as it provides traders with the opportunity to demonstrate their skills and be rewarded for their efforts.

The main benefits of Forex prop trading programs in Germany are that they provide risk-free accounts, allowing traders to hone their skills without risking their own capital.

Additionally, many of these companies are well-known international players, providing German clients with access to a wide range of markets and products.

However, there are also some drawbacks to consider when considering Forex prop trading programs in Germany. Qualifying for these programs can be difficult as they often have strict rules and requirements which must be met before being accepted into the program. Additionally, fees may apply for transactions that can add up over time.

Top 7 prop trading accounts

1 Topstep

Topstep Review

Open an account

Your capital is at risk.

With its brand power and reputation as an industry innovator and one of Inc 5000’s fastest-growing companies, Topstep has earned the trust of many traders. To participate in the funded account program, all traders begin with the Trading Combine. You can open a real-time simulated futures account with $150K, $200K, or $300K buying power.

During the Trading Combine, you can earn a funded trading account if you demonstrate consistent profitability and manage risk appropriately. Using Topstep's capital, you can trade in real time without personal financial risk, with funds provided by Topstep.

Trading platforms supported include TSTrader, TradingView, NinjaTrader, Sierra Chart, MultiCharts, R|Trader Pro, and many more.

For a $50k account, Topstep pricing starts at $165 per month. $100k accounts cost $325 per month, and $150k accounts cost $375. Free trials are also available for 14 days.

2 Fidelcrest

Fidelcrest Review

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Your capital is at risk.

With more than 6,000 traders worldwide, Fidelcrest has a strong reputation. The company offers performance coaching, million dollar account sizes, and up to a 90% profit split. During a limited time, Fidelcrest is also offering three bonuses, including a second chance challenge, fast track qualification, and double assets.

With Fidelcrest, you can trade real capital, with the industry’s highest profit split. Fidelcrest will invest real money after your two phases of evaluation.

In terms of tradeable assets, Fidelcrest also stands out. In addition to Forex, you can also trade, commodities, indices, and stock shares.

Fidelcrest is one of the prop firms that pays you a commission during the evaluation process. You can receive up to 50% of your earnings after you pass the second evaluation stage. As a funded Findelcrest trader, you’ll make an additional 80-90%.

The number of account options Fidelcrest offers is unmatched by any other company. There is an account that will meet your needs regardless of your risk tolerance, trading strategy, level of experience, or budget. There are three types of accounts: Pro Accounts, Aggressive Accounts, and Micro Accounts. You can open an account with funding of $10,000, all the way up to an account worth $1 million.

3 SurgeTrader

SurgeTrader Review

Open an account

Your capital is at risk.

SurgeTrader offers a 75% profit split to funded traders who meet their trading criteria. It's the perfect prop firm to diversify your investment portfolio with a variety of tradable assets. SurgeTrader has only one phase of evaluation, unlike many other prop firm trading entities that require traders to pass several levels of evaluation.

Traders can choose from six packages. With the Starter Package, you get $25,000 in instant funding and a 10% profit target. There’s a maximum trailing drawdown of 5% allowed. The Starter Package is ideal for beginners who want to avoid overly aggressive trading. With a $1 million funding size and a 75% profit split, the Master Package is the highest-tier account. A 10% profit target is set, along with a four-percent daily loss limit and a five-percent maximum trailing drawdown allowance. If you have a lot of confidence in your abilities, then this package may be for you.

This prop firm offers a wide variety of tradable securities, including crypto and gold, as well as popular stock indices. It’s possible to access leverage up to 1:10.

A top proprietary trading firm, SurgeTrader requires all of its clients to undergo evaluation. You need to pass only one phase of the SurgeTrader Audition process. It’s not necessary to earn over 10% of your account balance in order to pass the audition.

Audition fees range from $200 to $6,500 per account. There’s no limit to how many times you can take the audition. You can use credit/debit cards and PayPal to make payments and withdrawals.

4 5%ers

The5ers Review

Open an account

Your capital is at risk.

The 5%ers are known for their unique ways of handling forex funded accounts. These methods may be beneficial to traders who would like to try something different.

The 5%ers take a completely different path from the other apps on this list. Each funded trading account is a live, real-money funded trading account funded by The5ers and tradeable by subscribers.

All forex majors such as EUR/USD, USD/CHF, and key cross-currency pairs such as AUD/CAD and GBP/JPY are tradable assets. Each trader must complete the Level 1 Program with a profit target ranging from 10% to 25%.

The Level 1 Program will be closed once the profit target has been archived by trading according to the guidelines. Profit will be distributed in accordance with the profit split, and a new trading account on the next higher financing level will be established with you as a Portfolio Manager Partner. The entry cost ranges from $275 to $875. The 5%ers offer a 50/50 split on profits.

5 FTMO

FTMO Review

Open an account

Your capital is at risk.

FTMO is a trustworthy prop trading company with a focus on Forex trading. You must go through three steps before getting a funded trading account:

The trader retains 80% of the profits. For accounts that have already been funded, however, an extra scaling plan lets traders increase the profit split in their favor for up to 90/10 with account levels as high as $2,000,000.

Trading is possible with 44 currency pairs and 10 of the biggest and most well-known cryptocurrencies. Some cash indices, stock CFDs, and commodities can also be traded. The fees on FTMO start at 155 euros and go up to 1080 euros.

6 Earn2Trade

Earn2Trade Review

Open an account

Your capital is at risk.

Earn2Trade provides three distinct funded trading programs - The Gauntlet Program, The Gauntlet Mini, and the all-new Trader Career Path Program.

A one-time payment is required for the Gauntlet program. Traders manage a $25,000 virtual account for 60 days, during which they must trade on at least 30 days and at least once every week. If they follow the guidelines and meet the 10% profit target; successful candidates will receive a guaranteed funding offer from Helios Trading Partners or Appius Trading.

Topstep Futures and Topstep Forex are similar programs to the Gauntlet Mini. Traders pay a monthly fee and must follow the guidelines. The monthly fee includes trading classes, webinars, and access to Journalytix (TM). Qualifying traders will then receive an offer of a funded trading account.

Earn2Trade's newest program is the Trader Career Path. Traders begin with a $25,000 virtual capital account and are funded with a $25,000 real money account if they pass the Evaluation. After the Evaluation, traders can develop their trading careers and handle assets worth up to $200,000 without paying a monthly subscription fee.

Earn2Trade has the largest variety of trading platforms to choose from, with close to 20 options, including NinjaTrader and Finamark, R|Trader, and MultiCharts.

7 BluFX

BluFX Review

With BluFX, you have an option to have your forex-only prop trading account funded instantly, up to $50,000. With their simple, generous trading parameters and great reputation, they’ve funded more than 20,000 traders.

Unlike many prop firms these days, BluFX keeps things simple. Demo accounts and evaluations aren’t required. Create an account and you'll receive real capital as soon as possible.

The parameters of their trading are just as straightforward. Calculating trailing drawdowns or anything similar isn't necessary. Just make sure you don't withdraw more than 10% of your account's initial balance when you withdraw. And whenever you sign up for an account, never let it fall below $45K. That's all there is to it.

In addition to being simple, these parameters are pretty loose compared to other prop firms, some of whom have maximum drawdown limits as low as 4%. There’s no tight leash with BluFX, so you can trade freely.

Also, BluFX deserves praise for its scaling strategy. In just four steps, you can scale up to a $1 million Pro Account from a $50K account. The only thing you have to do is keep hitting 10% profit targets without withdrawing. The Steady Growth program allows you to take out a portion of your profits while still reaching $1 million over six phases.

BluFX also makes it easy to withdraw profits. Once you've made a 5% profit, you can cash out.

As part of their 10th anniversary celebration, BluFX is offering great rates. A "Lite" account has an instant balance of $25,000, while a "Pro" account has a balance of $50,000. A $25K account costs £99 a month, while a $50K account costs £249.

One-time fees are available with BluFX's Anniversary Account, which costs £269 for a limited time. Unlike their standard accounts, it has a probationary period and tighter trading parameters.

Are international prop trading firms legit in Germany?

International prop trading firms have become increasingly popular in Germany over the past few years. As a trader, it is important to understand the regulations and requirements that these firms must follow in order to operate legally in Germany.

The German government has put in place a number of regulations to ensure that international prop trading firms are operating within the law. The most important regulation is the so-called "Own Account Exemption," which allows non-EU firms to trade on their own account in Germany. This exemption requires that these firms adhere to certain rules and regulations, such as providing adequate capitalization and liquidity, maintaining sufficient records for regulatory compliance, and adhering to all applicable laws and regulations.

Additionally, international prop trading firms must also be registered with the relevant authorities before they can begin trading.

In terms of differences between domestic and international prop trading firms, there are several key differences. Domestic prop trading firms tend to have more access to capital than their international counterparts due to their close proximity to local markets.

Additionally, domestic prop trading firms may also have access to more liquidity than international ones due to their greater familiarity with local markets and investors.

The table below will list three of the main regulations that a trader should consider when selecting an international prop trading firm in Germany:

On the other hand, international prop trading firms may offer higher returns due to their ability to take advantage of global market opportunities.

When it comes to choosing an international prop trading firm in Germany, investors and traders alike need to conduct thorough due diligence before making any decisions.

It is essential to research a firm's track record and reputation before investing any money. Additionally, investors should also consider a firm's risk management practices as well as its customer service policies before making any decisions about working with them. Moreover, investors should also consider whether or not firms offer competitive fees or commissions when compared with other similar companies operating in the same market space.

There are many reputable international prop trading firms operating in Germany today. However, there are also some less reputable companies out there, so it is important for investors and traders alike to do their homework before investing any money.

International prop trading firms can be legitimate options for those looking for investment opportunities in Germany.

How to choose a prop trading account in Germany?

When looking for a prop trading firm in Germany, here are a few tips to consider:

Considering these tips, you can ensure that you choose the right prop trading firm in Germany for your needs.

Is prop trading in Germany free?

While it is possible to attract funds for prop trading in Germany, many prop firms charge subscription fees. These fees can vary depending on the firm and the services they provide, but they are generally required to cover the cost of funding and risk management.

It's important to note that while prop trading firms do charge subscription fees, they also provide traders with a number of benefits, such as access to trading capital, risk management tools, and training programs. Additionally, many prop firms offer profit-sharing arrangements, which means that traders can earn a percentage of the profits they generate.

So while prop trading in Germany may not be free, many traders find that the benefits outweigh the costs, making it a worthwhile investment.

Methodology for compiling our ratings of prop firms

Traders Union applies a rigorous methodology to evaluate prop companies using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include: