Important
You can also submit your feedback about any crypto exchange from our rating on the profile page and help us in our mission to provide everyone with the opportunity to objectively evaluate any company based on real and independent reviews.
Top Prop Firms Ranking for Forex Trading in 2025
Top 3 Prop Trading Firms in 2025
Prop trading firms have a handful of perks which explains why there are many industry stakeholders in the market. While this cuts both ways, finding the most trustworthy firm requires effort because every business has different advantages and disadvantages. Here is a list of the top choices, together with the nitty-gritty of the industry.
| Position | Rating score | Company Name | Min. Deposit | |
|---|---|---|---|---|
|
|
|
Min Deposit: $48 |
Your capital is at risk.
|
|
|
|
|
Min Deposit: Package buy - $119 |
Your capital is at risk.
|
|
|
|
|
Min Deposit: $79 |
Your capital is at risk.
|
|
|
4
|
|
Min Deposit: $30 |
Your capital is at risk.
|
|
|
5
|
|
Min Deposit: $75 |
Your capital is at risk.
|
|
|
6
|
|
Min Deposit: $39 |
Your capital is at risk.
|
|
|
7
|
|
Min Deposit: $187 |
Your capital is at risk.
|
|
|
8
|
|
Min Deposit: $119 |
Your capital is at risk.
|
|
|
9
|
|
Min Deposit: $26 |
Your capital is at risk.
|
|
|
10
|
|
Min Deposit: $125 |
Your capital is at risk.
|
|
|
11
|
|
Min Deposit: $33 |
Your capital is at risk.
|
|
|
12
|
|
Min Deposit: $225 |
Your capital is at risk.
|
|
|
13
|
|
Min Deposit: $80 |
Your capital is at risk.
|
|
|
14
|
|
Min Deposit: $50 |
|
|
|
15
|
|
Min Deposit: $89 |
Your capital is at risk.
|
|
|
16
|
|
Min Deposit: $250 |
Your capital is at risk.
|
|
|
17
|
|
Min Deposit: $50 |
|
|
|
18
|
|
Min Deposit: £109 |
|
|
|
19
|
|
Min Deposit: 149 |
Your capital is at risk.
|
|
|
20
|
|
Min Deposit: $14 |
|
Proprietary Trading Companies Reviews
-
Comment
Earn2Trade is well-suited for disciplined traders who can operate within strict guidelines. The use of trade copying tools or automated trading is not allowed here. Supported platforms include R Trader Pro, Finamark, and NinjaTrader. The Gauntlet Mini program requires clients to pass specific tests while adhering to clearly defined loss parameters. Despite the strict structure, traders can earn up to 80% of the profits generated with the provided capital. Earn2Trade places a stronger emphasis on education rather than traditional brokerage services.
-
Comment
FXIFY uses a six-stage balance system that helps gradually scale up the account, which is convenient if you're planning for long-term cooperation. I chose the two-phase model with a 5% drawdown limit at each stage. The main downside is the lack of educational resources and the inability to trade from several countries, including Syria, Iran, and Ukraine. The range of asset types is also limited compared to other firms, but gold, indices, and cryptocurrencies are available. Commission terms are standard: 80/20 at the start, with the potential to increase the trader’s share to 90%. FXIFY comes across as a well-balanced prop firm with clearly defined rules.
-
Comment
E8 Markets offers a choice between a one-phase and two-phase challenge. The drawdown limits are standard: 8% overall and 4% daily. The broker doesn’t require fixed profit targets, which is beneficial for traders who prefer flexibility. However, it’s worth noting that profit withdrawals are only available once every two weeks, and customer support may not always respond promptly. Additionally, some traders might need to adapt to MetaTrader 5 and Match-Trader platforms if they’re used to TradingView or cTrader.
-
Comment
It’s nice to see Lux Trading Firm partnering with reputable banks like Barclays and Credit Suisse. The qualification process is based on demo trading, and profits from it are not credited, but the full entry fee is refunded after successful certification. The deposit starts from £299 and can go up to £3,699 for Elite accounts. On the plus side, there are no withdrawal fees and only minimal restrictions on trading strategies. On the downside, there’s no affiliate program and no option to trade using third-party algorithms. English-speaking support is available 24/7, but only via email — there’s no chat or phone support.
-
Comment
I started the $10,000 challenge and everything worked smoothly, although the web interface initially felt cluttered. Trading via Binance integration is convenient, especially during fast price fluctuations, as orders are executed precisely. Client support responds quickly via live chat, but some replies feel templated. The use of algorithms is prohibited, which is a downside for me. However, the ability to trade on news adds flexibility. Conditions are transparent, though the drawdown limits could be less restrictive.
-
Comment
I am sending this report to the public. Please stay away from ICFunded. ICFunded has cheated me, and it's unfair. I have been using ICFunded for almost 2 years, and I have bought so many accounts that I have lost on the ICFunded platform. I bought a USD 50,000 account 3 months ago on the ICFunded website. I have completed phases 1 & 2 successfully, so now I am making profits with a good strategy. They have disabled my account, stating that I am using the Latency Arbitrage strategy. When I was losing many accounts in the past, they didn't tell me that I was using the Latency Arbitrage strategy. So, now I have made profits of USD 94,586, and they have now disabled my account, stating that I am using the Latency Arbitrage strategy, which I am not. I have contacted them several times to withdraw my profits, but they refused to respond. Please stay away from ICFunded because they are not real. ICFunded only want you to be losing they don't want you to be making profits.
-
Comment
Trading with Hola Prime was a pleasant experience thanks to the ability to work with multiple platforms (MT5, cTrader, DXtrade), which is rarely offered by prop firms. The option to scale the account up to $4,000,000, including large account sizes ranging from $5,000 to $300,000, makes it possible to grow capital effectively. For the Direct Account, there is no need to go through evaluation phases, and the maximum drawdown is 5%. The broker also provides daily pricing reports and transparent conditions, which is beneficial for market analysis.
-
Comment
I first came across Gerchik&Co through forum reviews, then read about the FinaCom compensation fund up to €20,000 and decided to give it a try. I chose a $10,000 balance to test different strategies on forex and crypto. Over 2 months, I managed to grow the account by 4.5%, but once I broke the daily loss limit (5%) — I had to restart the phase. I liked that the company doesn’t delay payouts, and the MT4/MT5 platform works reliably. On the downside, there’s no scalable plan and there are commissions for fast growth — you have to take that into account. Otherwise, Gerchik&Co is suitable for those ready to play by the rules and not expect freebies.
-
Comment
The5ers has been operating since 2016 and has established itself as a platform with low fees and reliable technical support available Sunday through Thursday from 7:00 to 17:00 GMT. Despite being unregulated, there have been no reported fraud incidents over the past six years. However, from a legal standpoint, traders are not protected, as the company bears no responsibility for their funds. This is important to keep in mind when considering this platform.
-
Comment
I chose FundedNext for its fast payouts (usually within 24 hours) and strong reputation among traders. Account sizes range from $15,000 to $300,000, and the profit split goes up to 90%. With support for MT4, MT5, and cTrader, the platform accommodates any strategy, including automated systems. The accounts are suitable for both professionals and beginners, with standard drawdown limits — 5% daily and 10% overall. I was pleasantly surprised by the free analysis tools, calculators, and 24/7 support. FundedNext is a great option for those who want to earn high returns without risking their own capital.
-
Comment
What I liked about Maverick Trading is that you can trade with the company’s capital after passing the test and exam. The starting capital is $5,000 — not for everyone, but the risks are limited and there’s no cap on trade volume. All information about fees and details becomes available only after the interview. There’s no license, but there is an internal agreement and personal data protection in place.
-
Comment
Not trustworthy at all they claim during purchase that the daily drawdown is 4% but then throw out a Equity shield in the FAQ that stops your positions if the position is in a 2% draw down in a single asset. Doing so many challenges This is one that I feel they are just out to get your money to fail the challenge and their spread fluctuations is ridiculous.. Even with my broker having 50 point spread I could even entry entries and profits lol theirs is hardly possible. Wont recommend to even try. Their brokers are poor in reviews and not really licensed as well even though it is a funded demo account.
-
Comment
Completing the Gerchik&Co challenge took full concentration, but I made it. I chose a $25,000 account and paid 10% extra to increase leverage to 1:100. I trade manually, so I liked that swing strategies are allowed. I submitted a withdrawal via Volet: the money arrived quickly and the fee was only 0.5%. Rules could be more flexible, as copy trading and trading near news are banned. The service is straightforward, and challenge stats and payout history are easy to track in the dashboard.
-
Comment
Under the Instant Funding programs, there are no time limits for reaching the target profit. However, using identical strategies across multiple accounts is prohibited. Available deposit methods include Visa, Mastercard, Skrill, and cryptocurrencies. Withdrawals can be made via bank transfer or crypto wallets. The company focuses on manual trading without strict time constraints, but with defined technical and procedural limitations.
-
Comment
SabioTrade is truly top-tier among prop firms. I started with the minimum plan for $119, and the platform turned out to be QuadCode — it runs smoothly and has a mobile app. I trade CFDs on crypto, gold, and indices. Spreads on major pairs start from 0.9 pips, with leverage up to 1:30 — ideal for controlled risk. The selection terms are transparent: daily loss limit is 3%, overall drawdown no more than 10%. Profit sharing goes up to 90% in favor of the trader. I definitely recommend it to anyone looking for a real prop account without unnecessary hassle.
What Is Proprietary Trading?
Proprietary trading (also known informally as Prop trading) refers to when a financial institution such as a commercial bank, a brokerage firm or even an investment bank directly trades or invests in activities in the stock market. These organizations can trade bonds, stocks, commodities, derivatives, currencies, and other instruments.
These institutions use their own funds for trading and investing in the stock market and not their clients’ money. So on top of the commission from processing trades for their clients, they can earn the full profits from engaging in the trades as well.
Prop Trading Pros
Prop trading has a couple of advantages which we are going to highlight in this section.
-
Increased Profits:
Prop trading allows institutions to earn a higher amount of profits than when acting as a broker and earning only commissions.
-
Stockpile Inventory of Securities:
Prop trading allows a firm to stock up on shares/securities. These inventories can be sold to clients when the market becomes illiquid or when it becomes harder to purchase or sell securities on the open market.
-
Proprietary Trading Firms Offer Rebates:
Rebates are defined as compensation given when you add liquidity to the market. All prop trading firms offer rebates, which you are unlikely to get as a retail client.
-
Proprietary Trading Firms Offer Good Support:
Because of the nature of business, prop trading firms are usually closely-knit operations involving only a few people. This means that client support is quick and any issues can be solved using a simple phone call. Contrary to trading through a retail broker that has thousands if not millions of customers where sometimes contacting customer service can prove frustrating due to long waiting times.
-
Proprietary Trading Involves Leverage:
What this means is that apart from having many open orders, you can also have several filled orders. Leverage limits are usually not strictly enforced in most proprietary firms, especially if you have a track record spanning several years.
-
Proprietary Trading is Good for Providing Liquidity via Open Orders:
If you usually trade mostly in open positions, then prop trading is a better option compared to being a retail client. Some prop trading firms allow you to have more than a thousand open orders at the same time.
-
Prop Trading Offers an Easy Entry to Trading for “Undercapitalized” Traders:
If you have less than 25,000 USD to invest then a proprietary account might be a viable go-to. This is because your buying power can exceed anything you get as a retail client.
-
Proprietary Trading Firms Let You Diversify and Reduce Risk:
Even if you have a big bank account, prop trading can still be a viable option. You can have a small deposit then use margin (capital you can afford to lose), and invest the rest of your capital in stocks or mutual funds for capital appreciation.
-
Prop Trading Firms Offer Multiple Trading Platforms:
One huge advantage with prop trading firms is they let you choose among several platforms. This is a huge advantage because as a retail trader, you are usually bound to whatever the retail firm offers you.
-
Prop Trading Offers Big Inventory Lists for Short Sales:
To effectively sell short, you first need to locate shares, and prop trading firms allow you to do this. As a retail client, you might have limited opportunities to locate shares and sell short. Some stocks may be on the threshold or ‘hard to borrow’ list and may be unavailable for short selling.
Prop Trading Cons
Like all things in life, prop trading also comes with a couple of disadvantages which we are going to highlight in this section.
-
Proprietary Firms Are Less Regulated Than Retail Brokers:
Most prop trading firms that provide remote trading are not regulated at all. This is a double-edged sword because it is both a good and bad thing. Not being regulated means that there are fewer operating costs. The downside is that without regulation then you are at risk of losing your capital at any time especially if the principals are swindlers. Therefore, you should conduct some research and deep background checks on the company and the managers. If you find any integrity or honesty issues, then ask yourself if it is a risk you are willing to take. Moreover, being unregulated means that a single rogue trader can put the whole firm in jeopardy.
-
Risk of Losing Money:
As a prop trader, your deposit is not insured and is liable to fraud and other business risks. This is mostly because of the lack of or minimal regulation. Because of this, it’s advisable for you to only deposit an amount that you can afford to lose. Retail clients on the other hand have their money insured because of strict regulation of retail firms. The good thing is that the deposit can be very small and a decent trader can make a 100% return on the equity per month.
-
Proprietary Trading Fees are High:
Most prop trading firms charge fees for the software you’re using, especially if you trade remotely. The monthly fees normally start at about 200 USD for software alone. Compared to the fees that retail clients pay then you might find the prop trading fees outrageous.
-
Prop Trading is Mostly Day Trading:
Even though proprietary trading offers high leverage, this usually applies only to day trading. If you decide to hold an overnight position, then you will most likely not get much leverage. What’s more, most prop firms only offer day trading.
-
Proprietary Firms Can Steal Your Intellectual Property:
For exceptional traders with great trading strategies, there is a high possibility that someone at the back office is working hard to decode your strategy. There are cases where firms piggyback on clients’ strategies and teach them to computers through machine learning.
Proprietary Trading Accounts Pros and Cons
Like everything else, proprietary trading firms have their good and bad side. Here is a definitive list of all the pros and cons of proprietary trading:
👍 Pros
Proprietary trading is great because:
-
Direct Market Gain
Financial institutions only get a small portion of the money when trading for external clients through commissions and fees. As a result, the firms may profit less from this income. On the other hand, prop trading accounts allow companies to keep most of their trading profits and boost their yearly return.
-
Access to Capital
For most of those interested in trading, money is a significant deterrent. However, prop trading firms give their traders capital to trade. Prop trading is best suited for those with little to no capital. The only requirement is a small refundable fee for the trading hardware.
-
A Wide Portfolio Stock Securities
A prop trading company accumulates an inventory of assets by making purchases in anticipation that their value will increase with time. This collection of private investments may serve as a buffer for the company against economic slowdowns. The securities also allow the company to provide unforeseen benefits to its customers.
-
Prop Trading Companies offer a Range of Trading Platforms
Prop trading firms offer their traders a variety of trading platforms to choose from. This is a massive benefit because most retail traders are often limited to the possibilities that the retail firm gives them, but this doesn’t work for prop firms.
-
Gives Traders Access to Training
Since prop firms make significant financial contributions, they typically train traders before letting them engage in actual trading. Even though the trader frequently foots the bill for training, it gives them the skills they need to navigate the markets. An amateur trader's development is also aided by working with other traders in the same firm and having access to educational resources with real-world financial market applications.
👎 Cons
You need to be careful with proprietary trading because:
-
Hidden Risks
While most prop trading firms that offer remote trading are unregulated, this is a doubtful advantage because it has both perks and drawbacks. Although the absence of regulations reduces operational costs, there is always a danger that you could lose your money, especially if the principals are swindlers.
-
Extra Fees
Most prop trading companies charge a fee for the software used, mainly if you trade remotely. The payment could be upwards of $200. The cost could rise significantly when you compare the prop trading fees to what retail clients are expected to pay.
How To Choose the Best Proprietary Firm?
Choosing the best proprietary firm is the first step to ensuring success in trading. A few things to look out for are:
Reputation
One of the most important things a trader should do is consider the company's reputation. This is because a company's reputation affects its financial success and ability to keep promises. For example, some firms may promise to provide an incredible deal with a very high drawdown, a small profit target, and a considerable profit share, then fail to do all these. Utilizing reviews from TrustPilot and YouTube is the best way to validate the company’s reputation.
Also, look up the company's past operations and operating history. Mainly go for a company that has been in business for over three years. Many prop companies have declared bankruptcy after functioning for roughly a year; therefore, three years in business gives them an upper hand in knowing what they do.
Basic Prop Account Conditions
Before joining the account, verify all the basic conditions to clear out any blurred lines. Don’t concentrate on just the financial aspect. Look for how profits are distributed, the maximum draw-back, target profit, and conditions for withdrawing profits.
To establish whether their constraints are fair and reasonable, you must analyze them and use effective scaling strategies. Then, before committing to a tempting profit split, make sure the company pays its traders and can provide proof that they do.
You must also be conscious of the risk you can take while selecting the best prop trading firm.
Extra Services for Traders
Top proprietary firms provide more than just trading capabilities. The companies provide traders with additional options, including expert-led training, educational materials, subscriptions to leading trading platforms, and other software. Non-reputable firms, on the other hand, do not go the extra mile to ensure the comfort of their traders.
Proprietary Account Costs
Often prop trading companies impose a monthly subscription fee. By letting other traders utilize their funds, they ultimately incur a big risk; thus, the monthly fee covers that risk.
For access to the company's funds, platforms, and real-time data, most platforms charge participation fees of between $100 and $150 monthly. Additionally, a few of these websites impose a one-time cost of $100 to $1,000.
How Does Profit Share Work in Prop Trading?
In prop trading, the firm and the prop trader often split the trade's profits, but there is an uneven risk distribution. If the trader loses money, they are responsible for all the losses, but the company and trader split the gains. As a result, the typical profit share in prop firms is between 20% to 50% of each trader’s profit.
The percentage of profit shared with the trader can vary significantly based on the firm's policies, the trader's experience, performance, and sometimes the amount of capital they manage. Prop firms may pay traders on a monthly, quarterly, or annual basis depending on performance periods and how profits are calculated. Bigger payouts usually happen at year-end when annual profits are determined.
There is often a "tiered" payout structure where more successful traders earn a higher percentage of the profits compared to less profitable traders. For example, a firm may share 20% with profitable traders, 40% with consistently high earners, and 50%+ with their top performers.
How To Start Working With a Prop Firm?
While starting to work with a prop firm is not easy, with sheer determination and appropriate planning, you may make your dream a reality. Here is a simplified step-by-step procedure:
-
1
Have a Well-tested Solid Strategy
The first step to working with a prop firm is a solid strategy. You can choose from various market strategies, including statistical arbitrage, merger arbitrage, index arbitrage, volatility arbitrage, technical analysis, fundamental analysis, or global macro trading.
-
2
Research the Market
Once you’ve identified which strategy best works for you, start researching the market. First, look for firms that would suit your needs. Then, use the checklist above to rule out the firms from the reputation to the basic prop accounts conditions, whether they offer extra services, and not forgetting proprietary account costs.
Have a list of which factors you can compromise on and which ones are deal breakers. This will help you narrow down your options.
-
3
Conduct an in-depth research of the Firm
By this time, you have already narrowed down your options, and getting a closer look at the firm you are interested in is the best route to take. A thorough research can help you better understand the firm’s terms and conditions, and make sure that it fulfills its obligations. Do your due diligence before committing to a firm. You can also read client reviews and consult with your friends or fellow traders.
-
4
Your Option
The last and final step is picking your preferred firm. This last step may be challenging but, once you’ve identified your goals, it’s easy to select a firm that aligns with those goals.
Top Forex proprietary trading companies by countries
Expert Opinion
Traders should take a buyer beware approach when assessing a potential prop trading firm to work with. There are variations on the basic offerings among firms, as well as different levels of credibility, professionalism, and reliability of prop trading offerings and business operations. Some research is required to assess the pluses and minuses of each firm. Moreover, requirements for trading implemented by the firm may force users to trade in a way that doesn’t fit their personality. It will not be the best approach for some people, especially if they are relatively new to trading.
Further, prop trading firms and Forex firms in general will usually protect themselves over traders when things go wrong. If everything goes smoothly, there should be no problem. The key thing to remember is that when something is not going right – for example, volatility is very high – widening spreads, slippage issues, technology problems, to name a few, can and do happen. If a trader understands this when joining a prop firm, they will be better able to make a proper decision.
FAQ
Are there prerequisites to being a proprietary trader?
Individuals must possess strong analytical and mathematical skills. Prop traders rely heavily on analyzing market data, identifying trends and patterns, and building financial models. Quantitatively-oriented academic backgrounds in fields like finance, economics, mathematics, statistics, engineering, or computer science are highly desirable.
Aside from technical proficiency, individuals aiming to prop trade must demonstrate certain behavioral attributes. Prop traders need to remain disciplined and stick to predefined risk limits even during periods of market volatility. The role requires mental composure, focus, and ability to think under pressure. Prop traders also need sufficient resilience to withstand the emotional highs and lows associated with trading.
How do prop trading companies work?
Most of the top prop firms utilize powerful computer algorithms to sift through enormous volumes of data and find lucrative trading opportunities. Then, businesses trade on these possibilities using their capital to turn a profit. Many companies also act as market makers, purchasing and selling assets to add liquidity to the markets. This contributes to ensuring the effective and efficient operation of the markets.
Can you trust prop trading firms?
Yes, prop trading firms are not scams if you pick a reputable one. For a one-time fee, traders can have a funded account and access to the capital of prop firms. In addition, they can receive additional money and keep a sizeable portion of their profits if they go on trading profitably.
Why do prop trading companies look for new traders?
The main reasons are:
• New talent and fresh perspectives. Established traders at a firm can become set in their ways or fall into habitual patterns. New traders bring new ideas, strategies, and approaches to the table which can improve a firm's overall performance.
• Lower costs. New and junior traders are often willing to work for lower compensation compared to veteran traders.
• Future leadership. Prop trading is a high turnover profession, with many burnouts and flameouts. Firms need to continuously develop new talent to eventually take over senior or leadership roles as veteran traders retire or leave.
