Best Forex Proprietary Trading Companies in Poland

Share this:
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

Best Forex prop trading firm in Poland is TopStep

Your capital is at risk.

Top Forex prop trading firms in Poland:

TopStep - Best funding conditions overall

FTMO - 44 supported currency pairs

Funded Next - Best in terms of the price points

Fidelcrest - Best for experienced traders

SurgeTrader - Only 1 stage evaluation process

Editor’s Warning:

Traders’ funding is an unregulated sphere, enabling companies to make exaggerated promises and embellish reality. In fact, people mostly lose money by paying the fee for the Challenge (testing) and not receiving funding. That’s why I recommend skipping this game, and honing your skills with one of the reliable Forex brokers, leaders of our rating.

Rinat Gismatullin
Author and business expert
Opinions expressed by Traders Union Contributors are their own.

As a chief expert at Traders Union, my primary concern is the interests of our website’s readers, and how to help them preserve capital and prevent loss.

Therefore, before you read this article, in which we looked into the best proprietary trading firms, I would like to warn you about the specifics of working with prop firms that promise funding for traders.

Our research shows that people mostly lose money with these firms, failing to pass the testing stage (challenges). Those who do get the funding are likely to still lose money upon failing to meet certain conditions of the agreement with many hidden clauses. Often, proprietary trading firms make their money not from their share of profits of successful traders, as their websites claim, but from the fees users pay for testing. The funding in itself is essentially nothing more than leverage for you, which licensed brokerages also offer.

This is why I advise against using prop firms, and working with licensed Forex brokers instead. Once you learn to earn stable profit with a real broker, you won’t need to look for a prop firm, because you will be doing well on your own.

Here are several brokerage companies I can recommend:

1
5.7 /10
Open an account
Your capital is at risk.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
2
5.28 /10
Open an account
Your capital is at risk.
3
6.68 /10
Open an account
Your capital is at risk.

Prop trading firms are a great way to give traders access to a decently funded account size to trade. Due to the expansion of remote work, the majority of trader positions at prop firms can now be performed online. But not every prop company accepts traders from around the world.

Finding a prop trading company or platform that offers your preferred assets or tradable instruments on terms that work for you can be very challenging, especially if you reside in Poland. Therefore, in this article, TradersUnion experts have put together an easy-to-read but comprehensive comparison of the top forex prop firms in Poland for you.

Is Forex prop trading a good idea in Poland?

Prop trading offers several advantages that make it an appealing career option for aspiring traders. In Poland, Forex trading is a good idea because it can offer significant advantages for Polish traders looking to enter the financial markets. However, there are drawbacks to this, and TU experts have specifically highlighted the following pros and cons to keep in mind:

👍 Pros

Prop traders have access to substantial trading capital from the company, which may result in higher profits than trading with their own modest accounts

Starting to trade is less risky because traders are not risking their own money aside from evaluation or entry fees

Prop firms have safeguards in place to reduce potential losses and stop traders from losing more than 5% of their capital in a single day. Additionally, if these limits are reached, the funded account will be removed. The maximum overall loss is around 15%

Withdrawals can be made on a regular basis. It could be weekly, making it easier to withdraw money and trade more easily

Prop traders have access to a variety of global financial markets, including stocks, Forex, gold, oil, cryptocurrencies, and indices

👎 Cons

Trading strategies are restricted because of strict trading regulations at prop firms, which could limit traders' trading options

The majority of prop trading firms have extremely strict rules, making it very challenging for traders to qualify for funding. Failure to follow the rules of the prop firm could lead to evaluation failure or funding loss, both of which would necessitate paying subscription fees again

The prop firm may copy successful trading strategies, so traders may need to share their strategies with others

Your deposit is not insured as a prop trader, making it vulnerable to fraud and other business risks. The main reason for this is that there is little to no regulation

Prop trading has advantages and disadvantages, to sum up. To decide if prop trading is worth it, traders must carefully weigh these factors.

Top 7 prop trading firms

TopStep

Open an account
Your capital is at risk.

Topstep has established itself as a trusted and innovative leader in the industry. To participate in Topstep's funded account program, all traders begin by completing the Trading Combine stage. This allows you to open a real-time simulated futures account with buying power options of $150,000, $200,000, or $300,000.

During the Trading Combine, you have the opportunity to earn a funded trading account by showcasing consistent profitability and effectively managing risk. Once you qualify, you can trade in real time using Topstep's capital, eliminating the personal financial risk. Impressively, traders can qualify for a funded account in as little as eight trading days, with the amount of funding provided determined by the selected Trading Combine plan.

When it comes to profit withdrawals, you can withdraw the first $5,000 in profits in full, and 90% of any profits exceeding that amount are also available for withdrawal.

Topstep's commitment to trader development is evident through their range of services. They provide instruction from professional traders, offer tools and daily live videos, deliver personalized analytics on performance, and even provide bonuses to traders. Topstep supports a variety of trading platforms, including TradingView, NinjaTrader, Sierra Chart, TSTrader, MultiCharts, and many more. This allows traders to choose the platform that best suits their preferences and trading strategies.

Pricing for Topstep varies depending on the account size. For a $50,000 account, pricing starts at $165 per month. $100,000 accounts cost $325 per month, and $150,000 accounts are priced at $375 per month. Additionally, Topstep offers a 14-day free trial, allowing traders to experience their services before committing.

FTMO

Open an account
Your capital is at risk.

To qualify for a funded trading account at FTMO, you will need to successfully complete a rigorous three-step process designed to evaluate your trading abilities:

  • 1

    Step 1: FTMO Challenge - In this initial phase, you are required to meet specific profit targets within a 30-day period. The aim is to demonstrate consistent profitability and trading skills

  • 2

    Step 2: Verification Procedure - After successfully completing the FTMO Challenge, you progress to the 60-day Verification Procedure. During this phase, you must show that you can replicate your trading success from the previous step, further validating your trading abilities

  • 3

    Step 3: Account Offering - Upon successful completion of the FTMO Challenge and Verification Procedure, FTMO will contact you with an offer to trade their capital. Account sizes range from $10,000 to $400,000, providing traders with opportunities at different funding levels

One notable strength of FTMO lies in its focus on currencies, making it an excellent choice for traders interested in Forex trading. With FTMO, you have access to trade 44 currency pairs and 10 cryptocurrencies. Additionally, you can also trade cash indices, commodities, and stock CFDs, diversifying your trading portfolio.

FTMO supports the three most popular Forex trading platforms, namely MetaTrader 4, MetaTrader 5, and cTrader, offering free versions for traders to utilize.

The participation fee varies depending on the account size. For instance, the fee for the 10k account starts at 155 EUR, while the 25k account is 250 EUR, the 50k account is 345 EUR, the 100k account is 540 EUR, and the 200k account is 1,080 EUR. Traders receive capital ranging from $10,000 to $400,000 and benefit from an 80/20 profit split, where they receive 80% of the profits they generate with the provided capital.

Furthermore, FTMO offers a Scaling Plan for funded accounts, allowing traders to enhance their Profit Split in their favor. This plan enables profit splits of up to 90:10, favoring the trader, for account sizes up to $2,000,000.

Funded Next

Open an account
Your capital is at risk.

Funded Next provides up to $200,000 with a $4 million scale-up plan. Funded Next offers 2 account types, with 5 plans each, to help users select the best offer for their goal.

Funded Next has two funding models: the challenge in the first funding model is divided into 2 stages and is limited in time, while the second one does not have time restrictions. First, a trader earns 60-80% of profit depending on the account type. The profit split percentage can further be increased to 90%. What’s unique about Funded Next is that a partner of the prop company earns a 15% profit even from the assessment stage (challenge), even despite the assessment taking place on a demo account.

The MetaTrader4 platform is used for trading, and the prop firm also has a proprietary mobile app. Maximum leverage is 1:100.

Fidelcrest

Open an account
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.

SurgeTrader

Open an account
Your capital is at risk.

SurgeTrader is an excellent choice for Italian traders looking for the leading prop firm. This prop firm offers a competitive profit split up to 75% to funded traders who meet their trading criteria. Unlike many other prop trading entities, SurgeTrader follows a streamlined evaluation process with only one phase.

Traders of all skill levels can select from six different packages offered by SurgeTrader. The Starter Package, ideal for beginners, provides $25,000 in instant funding and sets a 10% profit target. With a maximum trailing drawdown of 5%, this package offers a more conservative approach.

On the other hand, the Master Package, which is the highest-tier account, comes with a funding size of up to $1 million and a 75% profit split. It sets a 10% profit target, a four-percent daily loss limit, and a five-percent maximum trailing drawdown. This package is suitable for experienced traders.

SurgeTrader provides a wide variety of tradable securities, including cryptocurrencies, gold, and popular stock indices. Traders have the flexibility to leverage up to 1:20, allowing them to amplify their trading positions.

To become a part of SurgeTrader, all clients are required to undergo evaluations. The SurgeTrader Audition process consists of a single phase, and there is no specific requirement to earn over 10% of your account balance to pass the audition.

The audition fees range from $250 (Starter package) to $6,500 per account, and there is no limit to the number of times you can take the audition. Payments and withdrawals can be made conveniently using credit/debit cards and PayPal.

E8 Funding

Open an account
Your capital is at risk.

Another top Forex prop firm in Poland that offers traders an opportunity to trade Forex and CFDs is E8 Funding. This prop firm is well-known for its distinctive funding options, approachable trading environment, and accessibility to tier-1 liquidity.

The profit split is up to 90%, and traders can cash out after eight days of successfully managing a funded account. There is no minimum requirement for trading days, and traders can raise the drawdown by 1% with each withdrawal up to a maximum of 14% overall.

E8 typically allows French clients to trade without having to risk their own money. They are among the prop companies with which to secure funding quickly. Each evaluation phase has a unique charge that is applied to variously funded trader accounts.

Traders can access the desired account size by completing the 2-phase evaluation process. Additionally, a trader can manage an E8 Track Funded account with up to $250,000 thanks to a special 3-phase evaluation.

E8 funding offers accounts with balances ranging from $25,000 to $250,000 that can be increased to $1 million. There are no ongoing fees; only the initial fee of $138 (based on the type of account) is charged.

E8 funding provides a huge selection of trading pairs, FX majors & minors, and stocks. An E8 account, which provides traders with the highest payouts available by any company in the industry, offers traders the most profitable trading conditions.

Earn2Trade

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.

Are international prop trading firms legit in Poland?

Yes, prop trading firms are legit and exist as real companies. They may not be registered directly in Poland, but they allow citizens from there to access their funded accounts.

How to choose a prop trading account in Poland?

Going with a prop firm that is right for your trading style and financial goals is crucial. Although choosing the best one seems like a non-trivial process, you can easily accomplish this by following the TU expert's guide to choosing a prop firm below:

Take note of the portion of profits that the trader is allowed to keep. Select a company that offers a larger profit split or a more enticing profit share plan

Consider the method of evaluation used to decide whether the trader qualifies for funding from the prop firm. Pick a company that conducts evaluations in a fair and transparent manner

Check out the variety of markets that the company offers. Select a company that offers a variety of markets or specialises in the markets you are interested in

Determine the amount of leverage the company offers by looking at the available leverage. Pick a company that offers the right amount of leverage for your trading style

Customer service is readily available, and any trader needs to have good customer service. To handle any questions or problems that may arise, pick a company that offers attentive and helpful customer support

For successful trade execution, a trading platform must be reliable. Choose a firm that offers a stable and user-friendly trading platform with a variety of tools and features

Is prop trading in Poland free?

No. Typically, reputable prop firms require their traders to pay a small subscription fee of at least 813.35 PLN. These fees vary from firm to firm. If you choose the right company to work with, funded trading accounts can be very dependable. It is strongly advised to conduct extensive research and due diligence before choosing any company.

Do I pay trading taxes in Poland?

Yes, profits from trading are seen as revenues from capital gains and are taxed at a rate of 19%. This is also applicable when a taxpayer obtains these revenues as part of business activities, and it will not be possible for investors to choose taxation on general principles at the rates of 18% and 32%.

How much can I earn in prop trading?

A proprietary trader's average annual salary in the United States is around 41194.03 PLN, or about 197.73 PLN per hour, according to research. Due to a number of factors, prop traders have the potential to generate significant income. They engage in trading with larger capital bases, enabling them to seize bigger market opportunities. The highest trader salary can differ based on factors like experience, skill level, and market conditions.

FAQs

Is prop trading legal in Poland?

Yes. Prop trading is legitimate. An experienced trader can qualify for a prop firm's capital after passing an evaluation, paying a fee, and getting a funded account.

What is the best prop firm in the world?

The best prop firms include Fidelcrest, TopStep, FTMO, SurgeTrader, Earn2Trade, and E8 Funding.

How do I join a prop trading firm?

You must be familiar with prop trading, understand its benefits and drawbacks, choose a firm, obtain a license for verification, fund your account, and then take an evaluation test before you can join a prop trading firm.

Do prop traders make money?

Yes, prop firm traders have the potential to make money by trading with the firm's capital and earning profits.

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.

Team that worked on the article

Winnifred Emmanuel
Contributor

Winnifred Emmanuel is a freelance financial analyst and writer with years of experience in working with financial websites and businesses. Her expertise spans various areas, including commodities, Forex, stocks, and cryptocurrency. Winnifred tailors her writing to various audiences, including beginners, while also providing useful insights for those who are already familiar with financial markets.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

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
Cryptocurrency and stock expert

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).