Forex trading can be quite difficult, and when our account is small, it may be difficult to survive since we tend to risk too much to make a decent profit.
The solution that a lot of traders find is to apply to a forex funded account from a proprietary firm.
In this article, you’ll learn what are the top best forex trading prop firms and you’ll be able to compare them to choose the best one for your personal situation.
Let’s start with the list of the 3 best forex proprietary trading firms.
REVIEW SUMMARY
FTMO is a Forex prop firm, located in Prague, Czech Republic. It was founded in 2015. Read the full FTMO review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $2,000,000
Profit split: up to 90%
Cost: from €155
Platforms: MT4, MT5, cTrader, DXtrade.
REVIEW SUMMARY
FundedNext is a Forex prop firm, located in Ajman, UAE. It was founded in 2022. Read the full FundedNext review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $4,000,000
Profit split: up to 90%
Cost: from $32
Platforms: MT4, MT5, cTrader.
REVIEW SUMMARY
Funded Trading Plus is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full Funded Trading Plus review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $2,500,000
Profit split: up to 100%
Cost: from $119
Platforms: MT4, MT5, cTrader, TradingView, MatchTrader, DXtrade.
These forex prop firms are not at the top 3, but are also interesting, and generally not really far away from the previous ones in terms of quality and services provided.
Prop Firm | Profit Split | Cost | Max Balance | Rating | Review | Visit |
---|---|---|---|---|---|---|
| up to 80% | from $99 | $6,400,000 | 4.7 | Read review | |
| up to 80% | from €99 | $5,000,000 | 4.6 | Read review | |
| up to 100% | from $33 | $400,000 | 4.5 | Read review | |
| up to 90% | from $65 | $2,000,000 | 4.4 | Read review | |
| up to 100% | from $39 | $2,000,000 | 4.3 | Read review | |
| up to 80% | from $55 | $3,000,000 | 4.2 | Read review | |
| up to 85% | from $129 | $2,000,000 | 4.2 | Read review | |
| 75% | from £299 | $10,000,000 | 4.1 | Read review | |
| up to 90% | from $129 | $200,000 | 4.0 | Read review | |
| up to 90% | from $129 | $1,500,000 | 3.0 | Read review |
If you are undecided between two or more Forex prop trading firms, you can use our prop firm comparison tool. Just choose the firms that you want to compare and immediately check the results with a detailed comparison.
The forex prop firms that appear here were rated based on different factors, which include:
Typically, you can trade any CFD product with a Forex prop firm, you are not limited to forex currency pairs.
The instruments available in the vast majority of the forex proprietary trading firms are:
The maximum Forex prop firm’s funded accounts can go up to $10,000,000.
These balances are only achieved after scaling though, after you get your initial account balance and keep trading without breaching any rule from the Forex prop firm.
These high balances can be misleading, it’s worth paying attention to the leverage provided by the Forex prop firm. Some provide high balances but very small leverage, which makes their accounts equivalent, in terms of buying power, to smaller accounts from prop firms that provide higher leverage.
For instant funded accounts, the profit split is not big, usually around 50%.
For funded accounts after a challenge, the payout is between 80% and 90%. This means that the Forex proprietary firm only keeps 10% to 20% of the profits that you made.
Besides that, it’s also normal that the trader gets 100% of the first profits which is usually equivalent to the fee that you paid to pass the challenge.
Most of these Forex prop firms give you access to the Forex market using CFDs. This means that you typically can use the most popular Forex trading platforms:
Yes, Forex prop trading firms are legit and exist as real companies.
If you read the individual review for each prop firm you’ll find more details about the company and how to contact them.
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