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.

New Prop Firms

SabioTrade, a dynamic proprietary trading firm, provides traders of all levels with funded trading opportunities, robust educational resources, and its innovative Sabio Traderoom platform.

BestProp4U is a trader-built proprietary firm offering funding up to $400,000 across forex, crypto, and futures markets. With only four simple rules, massive 50% drawdown, and payouts even after breaches, it focuses on fairness and flexibility. Traders can use any strategy, trade during news or weekends, and get paid during evaluations — making BestProp4U a solid choice for those seeking transparent, freedom-driven prop trading.

TEFS (The Empowered Funded System) is a veteran proprietary trading firm active since 2017, offering funding up to $210,000 through instant and 1-step evaluation programs. Traders can access Forex, Crypto, Futures, and over 2,300 U.S. stocks via its proprietary TEFS Trader and TEFS Evolution platforms. With up to 90% profit share, flexible trading conditions, live coaching, and a referral rewards program, TEFS stands out as a transparent, education-focused choice for serious traders seeking real funding and long-term growth.

Hola Prime is a 2024-launched prop firm offering ultra-fast payouts, up to 95% profit splits, and demo-based trading across multiple platforms.

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

DNA Funded is a broker-backed prop trading firm that aims to help traders get simulated funded capital up to $600,000. They offer flexible challenge options, plus boosters to fast-track evaluations. With access to major markets, including forex and crypto, the platform is designed for those seeking bigger opportunities under clearly stated risk parameters. Whether you’re a newbie or a seasoned pro, DNA Funded aims to be your stepping stone into advanced prop trading.

The information provided on All Prop Trading Firms is for informational purposes only. We aim to provide comprehensive and unbiased reviews of various prop trading firms along with sharing valuable discount coupons and updates. However, we do not take responsibility for any decisions made based on the information presented on our site. Trading involves substantial risks and is not suitable for every investor. We highly recommend that you read the terms and conditions of each prop firm and conduct thorough research before engaging in any trading activities.
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