Prop Firms With the Highest Profit Split and Total Payouts
Highest Paying Prop Trading Firm is Topstep
Top Highest Paying Prop Trading Firms:
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Topstep - 100% profit payout up to $10.000, 90/10 - usual profit split ratio;
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FundedNext - up to 90/10 profit split, $22M total payouts in 2022;
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Fidelcrest - up to 90/10 profit split ratio, up to $2M of funding with no scaling plan;
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The5ers - up to 100/0 profit split ratio for $2.5M+ account balance traders;
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SurgeTrader - up to 90/10 profit split, up to $1M of funding.
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5.7
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5.28
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6.68
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Understanding the profit split is essential for traders seeking to maximize their earnings and make informed decisions when selecting a prop trading firm. In this article, TU explores the fascinating world of proprietary trading firms, focusing on those that offer the highest profit split and total payouts to their traders. Whether you are an aspiring trader or a seasoned professional, this article sheds light on the critical aspect of profit sharing within the world of prop trading.
In addition to exploring the profit split ratios, we will also reveal the largest proprietary trading firms based on disclosed information about their total payouts. By providing this valuable insight, traders can gain a comprehensive understanding of not only the profit split opportunities but also the scale and financial success of these top prop trading firms.
What is the typical profit split ratio?
In the realm of proprietary trading, the profit split ratio is a critical factor that determines how much of the trading profits traders are entitled to keep for themselves. Usually prop firms offer favorable to traders profit splits, such as 60/40, 70/30, or even 80/20. The most attractive opportunities lie with the highest paying prop trading firms that grant traders significantly more generous splits, sometimes going as high as 90/10 or exceptionally even allowing traders to retain 100% of the profit. However, these exceptional arrangements often come with specific terms and conditions tied to the trader's performance and trading volume.
It's essential to consider the specific firm's profit split conditions can be influenced by a trader's track record, trading volume, and overall profitability. Additionally, the firm's overall financial health and trading strategies may also play a role in determining the profit split.
Top 5 Prop Firms With the Highest Profit Split Ratio
Topstep - highest paying prop firm with up to 100% payouts
Topstep, a reputable and fast-growing proprietary trading firm, offers an attractive profit split to its traders. Traders receive 100% of the profits from payouts up to $10,000. After surpassing this threshold, the profit split becomes 90/10, with traders retaining 90% of payouts, and Topstep keeping 10%. To maintain the account for an extended period and take regular payouts, traders should reach the corresponding levels of profits depending on their account size.
General funding conditions
Topstep offers traders real-time virtual futures accounts with purchasing power options of $50,000, $100,000, or $150,000. Upon demonstrating consistent profitability and good risk management in the Trading Combine, traders receive a funded trading account, allowing them to trade in real-time with Topstep's capital, eliminating personal risks. In just eight trading days, traders can earn a funded account equal to their chosen Trading Combine plan.
Costs
Costs vary based on account size, with monthly fees starting at $165 for a $50,000 account, $325 for a $100,000 account, and $375 for a $150,000 account, and there's a 20% discount offer available along with a 14-day free trial option.
Funded Next - different profit splits structures with up to 90/10 profit share
The FundedNext proprietary trading firm employs a dynamic profit split structure in its Express Funded account. Traders at FundedNext receive 60% of the profit on their initial withdrawal, followed by 75% on subsequent withdrawals, and ultimately 90% of the profit share with continued performance. In comparison, the Evaluation and Stellar Funded accounts at FundedNext offer a more favorable profit split, starting at 80% and potentially scaling up to 90% as traders achieve growth targets and demonstrate consistent profitability.
FundedNext's progressive profit sharing model incentivizes traders to excel and progressively earn a larger portion of their trading profits, making it an attractive option for ambitious traders looking to maximize their earnings within a funded account program.
General funding conditions
FundedNext is a prop trading firm that offers traders access to funding of up to $200,000, with a scalable plan that can reach $4 million. The company provides a variety of account types and five different plans, allowing users to choose the best option based on their trading goals. The funding process at FundedNext involves two models: one with time restrictions divided into two stages and the other without time limitations. Traders use the MetaTrader4 platform for trading, and there's also a proprietary mobile app available. The maximum leverage offered is 1:100.
Costs
The one-time fee charged by FundedNext depends on the selected plan, and it determines the funding amount once the trader completes the challenge. For example, the one-time fee for a funding amount of $15,000 is $99, while for the maximum funding amount of $200,000, it is $999. Notably, once a trader becomes funded with FundedNext, they are eligible to receive a refund of their registration fee.
Fidelcrest - up to 90/10 profit split, unlimited free retries
Upon successfully completing Phase 3 and receiving full financing, traders at Fidelcrest enjoy an attractive profit split model. Those trading under Normal risk conditions receive 80% of their profits, while those opting for the more Aggressive risk level earn an impressive 90% of their trading profits. This profit-sharing structure provides traders with a significant incentive to excel and maximize their earnings, making Fidelcrest an appealing choice for traders looking for favorable profit splits after achieving full funding.
Funding conditions
During the evaluation phase at Fidelcrest, traders have the advantage of unlimited free retries if they fail to meet the profit target. Fidelcrest sets itself apart from other companies in the prop trading industry by offering an unparalleled range of account options to suit every trader's needs. Regardless of your risk tolerance, trading strategy, level of experience, or budget, Fidelcrest has an account tailored for you. The three types of accounts available are Pro Accounts, Aggressive Accounts, and Micro Accounts. With funding options ranging from $10,000 to an impressive $1 million, traders have the flexibility to choose an account size that aligns perfectly with their individual trading goals and financial capabilities.
Costs
Fidelcrest charges a subscription fee for its virtual capital accounts, which varies based on the selected account type and deposit amount. For Micro Trader Normal, the subscription fee is €99, €249, or €449; for Micro Trader Aggressive, it is €149, €349, or €549; for Pro Trader Normal, it is €649, €999, €1799, or €2899; and for Pro Trader Aggressive, it is €1599 or €2899. The trader pays this subscription fee once, and it is calculated in euros. If a trader deposits funds in another currency, a conversion fee may be applied. Fidelcrest does not charge fees for depositing funds and withdrawing profits, but banks may apply their own fees for these transactions.
The5ers - up to 100% in payouts for big balance accounts
The5ers offers a unique and progressive profit split structure. For example, traders participating in their Hyper Growth funding programs with a $20,000 initial balance start with a profit split of 50/50. As traders demonstrate consistent profitability and advance in the program, the profit split becomes increasingly favorable. The profit split grows significantly with larger initial balances, eventually reaching an impressive 100% payout to traders with an initial balance of $1,280,000 or more. Similar profit split model traders can choose on the Bootcamp program. High Stakes program traders can reach up to 100% in payouts + $10,000 monthly salary.
Funding conditions
Each funded trading account is live, real-money funded by The 5%ers, making it tradeable by subscribers. Traders can access a wide range of tradable assets, including forex majors and key cross-currency pairs. To progress in the program, traders must complete the Level 1 Program with a profit target 5-10%. Once the three challenge phases have been successfully completed, traders can start trading on a fully funded live account and become eligible for a profit split.
Costs
The entry cost ranges from $95 to $225.
SurgeTrader - up to 90% payouts with up to 1M of funding
SurgeTrader offers a profit split model that provides traders with a substantial share of their trading profits. The profit split at SurgeTrader ranges from 75% to 90%.
Funding conditions
SurgeTrader stands out with its one-step evaluation process, offering six packages catering to traders of all skill levels. The Starter Package provides $25,000 in instant funding with a 10% profit target and a 5% maximum drawdown, ideal for beginners. At the highest tier, the Master Package offers $1 million funding, and a 10% profit target, suitable for confident traders. SurgeTrader allows trading various securities, including crypto, gold, and stock indices, with leverage of up to 10:1. The firm requires funded clients to undergo evaluation, but passing only one-step audition is necessary, with no specific profit requirement.
Costs
Audition fees range from $200 to $6,500 per account, and multiple attempts are allowed, with payment options like credit/debit cards and PayPal.
What are the biggest prop firms by the total payouts?
Determining the exact total payouts of prop trading firms can be challenging, as many of them are not publicly traded companies and do not disclose such information. However, Traders Union, in their article "Biggest Prop Trading Companies in the World," analyzed open data and estimated the total payouts of some of the largest prop firms.
According to their findings, as of 2021, FTMO has reported approximately $29 million in total payouts, while FundedNext recorded around $22 million in payouts in 2022. Other significant players in the industry, such as The 5%ers, Lux Trading Firm, and Audacity Capital, were also highlighted as major prop firms. Keep in mind that these figures are estimates based on available data, and the actual total payouts of these prop firms may vary.
How much do top prop traders make?
The earnings of top prop traders can vary widely and depend on several factors, including their skill level, the size of the trading account they manage, the profit split with the prop firm, and the overall performance of their trading strategy. Some highly successful prop traders can make $1K+ and even $1M+. However, it's important to note that not all prop traders achieve such high earnings, and the vast majority of traders may not reach these levels of income.
On the other hand the average salary for a proprietary trader in the United States is around $100,000+ per year. For instance, in New York, the average salary for prop traders is around $126,000, and in states like New Hampshire and Rhode Island, it is approximately $124,000.
Can you make a living trading for a prop firm?
Yes, it is possible to make a living by trading for a prop trading firm. Many prop firms offer attractive profit splits to their traders, allowing them to retain a significant portion of their trading profits. If a trader consistently performs well and manages risk effectively, they can generate substantial earnings. However, it's essential to remember that trading involves inherent risks, and not all traders will be consistently profitable. Success in prop trading requires discipline, skill, and a solid trading strategy.Additionally, traders should be aware of the specific terms and conditions of the prop firm they are trading with, as profit splits, payout frequency, funding sizes, and other factors can vary between firms. It's also crucial to start with a realistic capital base and manage risk appropriately to ensure sustainable income over time.
How to choose a prop firm with the optimal profit split?
Maxim payout ratio plays a really important role and influences trader’s income significantly. Howereve, when selecting a prop trading firm with the optimal profit split, traders must consider more than just the maximum payout ratio. One crucial factor to evaluate is how long it takes to reach the maximum profit split. Some firms may offer higher profit splits, but only for traders with larger accounts or after achieving specific (often high) profit targets.
Additionally, traders should carefully evaluate other factors such as account costs, profit targets, and risk management rules. Account costs, including evaluation fees and subscription charges, can impact overall profitability. Profit targets and risk management rules directly influence a trader's trading strategy and ability to meet the firm's requirements for advancement.
Moreover, traders should consider the firm's trading instruments, leverage options, platform features, and support provided. A well-rounded prop firm that aligns with a trader's preferences and goals will contribute to a more successful trading experience.
FAQ
What is the prop firm profit split rule?
The profit split rule in prop trading refers to the percentage of trading profits that traders receive and the portion retained by the prop trading firm. For example, if the profit split rule is 80/20, the trader will receive 80% of the trading profits, and the prop firm will retain 20%. The profit split can vary among different firms and may be based on factors such as the trader's experience, account size, and trading performance.
What is a typical prop trading profit split?
A typical prop trading profit split varies depending on the firm and trading account. It generally ranges from 50/50 to 90/10, with traders receiving a percentage of their trading profits, and the prop firm retaining the rest. Some firms may offer more favorable splits for higher-performing traders.
What prop firm pays out the most?
Based on the available data, FTMO and FundedNext are among the prop firms with significant payouts. FTMO reported around $29 million in total payouts in 2021, while FundedNext recorded approximately $22 million in payouts in 2022.
How much do prop traders make?
Top-performing traders can make six-figure or even seven-figure incomes annually, while less experienced traders may earn less. The average salary for prop traders in the United States is approximately $100,000 per year.
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:
Trader Testimonials and Reviews. Collecting and analyzing feedback from existing and past traders to understand their experiences with the firm.
Trading instruments. Companies are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Challenges and Evaluation Process. Analyzing the firm's challenge system, account types, evaluation criteria, and the process for granting funding.
Profit Split. Reviewing the profit split structure and terms, scaling plans, and how the firm handles profit distributions.
Trading Conditions. Examining leverage, execution speeds, commissions, and other trading costs associated with the firm.
Platform and Technology. Assessing the firm's proprietary trading platform or third-party platforms it supports, including ease of use, functionality, and stability.
Education and Support. Quality and availability of training materials, webinars, and one-on-one coaching.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).