Welcome to our comprehensive guide to the top 10 prop trading firms of february 2024, ranked through firsthand experiences. Each firm listed below offers unique opportunities and conditions for traders seeking to maximize their potential in the prop trading arena.
Spotlight on the Best Prop Trading Firms
1. Finotive Funding
Starting our list is Finotive Funding, based in Budapest, Hungary, offering three funding programs including a one-step evaluation, a two-step evaluation, and direct funding, all featuring distinct scaling plans. Traders have the choice of using Finotive Markets via MetaTrader5.
2. SurgeTrader
Next is SurgeTrader, a Florida, US-based firm, providing a one-step audition and a two-step audition program. Both programs come with scaling opportunities, and traders can operate on MetaTrader4 or MetaTrader5 via ThinkMarkets.
3. The Funded Trader
The Funded Trader offers four unique funding programs, including three two-step evaluations and one one-step evaluation. Based in Texas, US, they partner with Eightcap, Purple Trading SC, and ThinkMarkets, allowing trading on MetaTrader4 and MetaTrader5.
4. FTMO
An industry veteran, FTMO, located in Prague, Czech Republic, offers a two-step evaluation program with two account types. They utilize Tier 1 liquidity providers and offer trading on MetaTrader4, MetaTrader5, and cTrader.
5. Fidelcrest
Based in Cyprus, Fidelcrest provides a two-step evaluation program with Normal and Aggressive Evaluation Accounts. They partner with Foreign Exchange Clearing House and offer MetaTrader4 and MetaTrader5 platforms.
6. The 5%ers
The 5%ers, operating from London, UK, offer three unique funding programs with a unique scaling plan. They provide MetaTrader5 for trading, partnered with a Tier 1 liquidity provider with direct market access.
7. Funding Pips
Funding Pips, from Dubai, UAE, offers a straightforward two-step evaluation program with five account sizes. They partner with BlackBull Markets and offer MetaTrader5 as the trading platform.
8. FundedNext
FundedNext, incorporated in March 2022, provides four distinctive funding programs. Partnered with Eightcap, they also introduce two in-house broker options and offer MetaTrader4 and MetaTrader5 platforms.
9. True Forex Funds
True Forex Funds, based in Hungary, offers both a one-step and two-step evaluation program with three account types. They utilize Tier 1 liquidity providers and offer MetaTrader4 and MetaTrader5.
10. E8 Funding
Topping our list, E8 Funding, a Dallas, US-based firm, offers two unique funding programs with excellent scaling plans. They are partnered with a Tier 1 liquidity provider and offer MetaTrader4 and MetaTrader5 platforms.
This guide highlights the diversity and potential within the prop trading industry as of November 2023, offering insights into each firm’s unique offerings and trading conditions.