Best Forex Proprietary Trading Companies in Portugal

Is Forex prop trading a good idea in Portugal?

Forex Proprietary Trading, often referred to as "prop trading," is a unique arrangement where individuals trade financial markets using a firm's capital instead of their own. In Portugal, this approach has gained traction as traders seek opportunities to grow their portfolios. Prop trading allows traders to access risk-free trading accounts" provided by reputable international firms. These accounts serve as a platform for traders to showcase their skills, potentially leading to funded accounts and a rewarding trading journey.

Top 6 prop trading accounts

1

9.4/10

Go to broker

Your capital is at risk.

Minimum deposit:

€155

Review

Proprietary trading firm FundedNext has offices in the UAE, USA, and Southeast Asia and works with residents of all countries. It provides up to $200,000 with a growth potential of up to $4 million. The maximum leverage is 1:100. FundedNext offers 3 account types, which allows traders to select the best options. A partner’s profit share is 95%, depending on his performance. The challenges are quite easy. To confirm his qualification, a user trades on a demo account, but the platform pays him 15% of his earnings in real funds. After that, the limits are minimal: minimum 2 trading days during challenge, up to 5% daily drawdown, and up to 10% overall drawdown. Partners trade on MetaTrader 4/MetaTrader 5, cTrader and can use the prop firm’s proprietary mobile app for account control.

Pros/Cons

•Quite low testing cost is €155.

•Classic platforms such as MT4, MT5, and Ctrader are familiar to many traders. For these platforms, hundreds of indicators, scripts, and advisers have been developed.

•The starting reward is 80%.

•Diversification of tariff plans. Candidates can choose a demo deposit from 10 thousand to 200 thousand US dollars. There are tariff plans that span from standard to aggressive trading.

•Leverage is up to 1:100.

•Strict requirements for the test period. The allowable maximum loss is 10% of the deposit amount. The target profit is 10%.

•There is no information about how the company is funded.

STUDY REVIEW

2

9.2/10

Go to broker

Your capital is at risk.

Minimum deposit:

$75

Review

Plutus Trade Base (PTB) is a proprietary trading firm operated by Triple Edge Group LTD, a company incorporated in Cyprus (No. HE465348). The trading infrastructure is backed by PTB Plutus TradeBase LTD, registered in Saint Lucia (No. 2025-00638), which provides brokerage services and access to the MetaTrader 5 (MT5) platform. Triple Edge Group LTD is responsible for managing the website, content, and trader evaluation services.
The firm provides traders with access to simulated capital through evaluation programs. Trading is available on TradeLocker, cTrader, Match-Trader, DXtrade, and MetaTrader 5 platforms. Available instruments include Forex and CFD products.

Pros/Cons

•Cooperation with this company is possible after the payment of a $150 subscriber fee.

•Quality teaching by professional traders, approved by the National Futures Association (NFA), which is the most reputable regulator in the futures market.

•Access to free trading platforms and extended analytics.

•Trading on the Chicago Mercantile Exchange (CME), which is the world’s largest futures exchange.

•Distribution of profits in favor of the trader who receives 80%; the firm whose capital is used in trades gets 20%.

•An affiliate program with different types of commissions.

•Clients of Earn2Trade can only trade on futures exchanges. Other markets (Forex, CFDs, real stocks, cryptocurrencies) are not available.

STUDY REVIEW

3

9.1/10

Go to broker

Your capital is at risk.
Your capital is at risk.

Minimum deposit:

$32

Review

GoatFundedTrader is a proprietary trading firm founded in 2022. It is registered in Saint Lucia under registration number 2025-00240 and operates a branch in Hong Kong. The firm offers traders access to capital up to $400,000 through several models, including 1-Step, 2-Step, and 3-Step evaluations, as well as instant funding options.
Trading is available on the TradeLocker, Match-Trader, and MetaTrader 5 platforms. Instruments include currency pairs, indices, metals, commodities, and cryptocurrencies.
GoatFundedTrader does not accept traders from several countries, including Russia, Japan, South Korea, Iran, and Singapore. MetaTrader 5 (MT5) is not available to U.S. residents.

Pros/Cons

•after passing a challenge, a trader can get up to $200,000 in his balance and increase this amount by 20 times;

•at first, payouts are made on request once per month and then, once in 14 days;

•three account types with 5–6 funding sizes, depending on the package and asset classes (CFD/Futures), are available for purchase with a variety of Add-Ons;

•a trader takes a challenge on a demo account, where he can only receive a 15% profit share;

•a favorable affiliate program that allows you to earn up to 18% of the referrals’ fees.

•A trader initially receives 80% of his net profit.

STUDY REVIEW

4

8.9/10

Go to broker

Your capital is at risk.
Your capital is at risk.

Minimum deposit:

Package buy - $119

Review

SabioTrade is a proprietary (prop) trading company founded in 2021 in Dublin, Ireland. After completing a evaluation, the clients of the company receive access to $20,000 - $200,000 in funded accounts, with the profit split of up to 90%. A 7-day trial period. SabioTrade clients trade CFDs on currency pairs, commodities, indices, stocks, cryptocurrencies and ETFs on the platforms of the multi-regulated broker with leverage ranging to1:30, depending on the asset. Funding programs are available in countries not included in the OFAC sanctions list.

Pros/Cons

•Funding up to $200,000 upon passing the evaluation;

•The minimum Package buy is $119;

•All strategies are allowed, including trading on news events;

•One-time fee for using the evaluation account and a refund after the trader receives funding;

•The profit split is up to 90%;

•The maximum drawdown level is dynamic, not fixed;

•Coupons are available to reduce the one-time contribution.

•Each trader has only one attempt to pass the evaluation stage;

•Strict requirements for the daily loss limit which is no more than 3% of the account balance.

STUDY REVIEW

5

8.7/10

Go to broker

Your capital is at risk.

Minimum deposit:

$30

Review

The Earn2Trade educational company was established in 2017 and is headquartered in Wyoming, USA. It offers retail traders learning courses to become professionals, as well as virtual accounts to trade futures. The best students who trade successfully under set parameters are given access to capital of proprietary trading companies in amounts from $25,000 to $200,000. Earn2Trade has three rate plans with subscriber fees from $150 to $550.
Earn2Trade Challenge: fees, benefits of joining

Pros/Cons

•Instant funding option and various evaluation programs;

•Maximum simulated capital: $400,000, scalable up to $2 million;

•Popular trading platforms: TradeLocker, Match-Trader, and MT5;

•Broad range of instruments: currencies, indices, metals, commodities, and cryptocurrencies.

•Trading restrictions for residents of certain countries;

•Copy trading and third-party account management are prohibited.

STUDY REVIEW

6

8.6/10

Go to broker

Your capital is at risk.

Minimum deposit:

€29

Review

FTMO is a prop trading firm offering experienced traders the chance to manage a funded account of up to $200,000 with a wide range of instruments including Forex, stocks, indices, commodities, and cryptocurrencies. To qualify, traders must pass a two-step evaluation process.
Beginners may start with a Free Trial account which has the same trading conditions as the challenge ones. Long-term traders are free to use a Swing Account that has no restrictions on holding positions over the weekend or trading during macroeconomic releases. The company offers trading with the most popular platforms – MT 4/5, cTrader, and DXtrade. The leverage is up to 1:100.
Additionally, FTMO is recognized for its educational resources and continuous support.

Pros/Cons

•Multiple evaluation formats with defined conditions;

•Maximum funded capital up to $500,000;

•Profit split up to 95%;

•Fast and flexible payout system;

•Unique Lightning plan: start with a small fee and pay the rest only after passing.

•MT5 access is restricted for traders from the US and Canada (TradeLocker is available as an alternative);

•The Adventure plan is highly challenging and designed for experienced traders.

STUDY REVIEW

Rules and Regulation

How to choose a prop trading account in Portugal?

Selecting the right prop trading account in Portugal is a crucial decision that can significantly impact your trading journey. Here are essential tips to consider when making this important choice, according to Traders Union:

Regulatory compliance: Ensure that the prop trading firm you choose operates in compliance with international regulatory standards. Look for firms that are registered and regulated by reputable financial authorities in their home country. This provides an additional layer of security for your investments.

Account funding and withdrawal policies: Examine the terms and conditions related to funding your trading account and withdrawing profits. Pay attention to factors like minimum deposit requirements, withdrawal processing times, and any associated fees. Transparent and favorable terms can make a significant difference in your overall trading experience.

Risk management tools: Evaluate the risk management tools and strategies offered by the prop trading firm. Robust risk management can help protect your capital and reduce potential losses. Look for features such as stop-loss orders, risk limits, and real-time monitoring.

Trading platforms and instruments: Consider the trading platforms and financial instruments available. Ensure that the trading platform is user-friendly and provides access to a wide range of assets, including major and minor currency pairs, commodities, and indices. A versatile platform can enhance your trading opportunities.

Profit-sharing arrangements: Understand the profit-sharing structure of the prop trading program. Different firms may have varying terms for sharing profits with traders. Assess how much of your earnings you will retain and how much will be allocated to the trading firm.

By carefully evaluating these factors, you can make an informed decision when choosing a prop trading account in Portugal, setting the stage for a successful and rewarding trading experience.

How much can I earn from prop trading?

Earnings in prop trading vary, but data from Zippia reveals that the average salary for a proprietary trader in the United States is approximately $100,000 per year, with an average hourly rate of around $48. Earnings are influenced by factors such as experience, market conditions, capital, and the chosen prop trading firm. Successful traders often earn more, while those less experienced may earn less. To maximize earnings, traders should develop effective strategies and embrace risk management practices.

Is prop trading in Portugal free?

Prop trading in Portugal offers the opportunity to access funds for trading, but it's important to note that it typically comes with associated costs. Proprietary trading firms usually charge subscription fees, and while these fees may vary, they are not typically offered free of charge. Subscription fees can vary depending on the prop trading firm, but they often fall within the range of €100 to €300.

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: