Independently ranking 27 forex prop firms

Best Prop Trading Firms 2026 Ranked & Reviewed

Every ranking is built from a single verified data record. Transparent scores across 27 evaluated firms with no guesswork, no paid placements.

Noam Korbl, Co-Founder and Chief Operating Officer of BestPropFirms.com

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Choose a market, then compare the rules

Before comparing evaluation rules, payout policies, or pricing, first decide which market you actually trade. If you trade currency pairs, start with our forex guide. Futures traders can compare programs on our futures page. Crypto traders should review the crypto guide instead.

The 5 Highest-Scoring Prop Firms in 2026

FundedNext leads on 98.2/100, ahead of BrightFunded (96.5) and Eightcap Challenges (90.3), across all 27 prop firms we track. Scores come from verified data, and change only when a firm's data does.

See all rankings

Scores are produced by our published methodology. See the full rankings for every firm we track.

  1. 1. FundedNext 98.2/100
  2. 2. BrightFunded 96.5/100
  3. 3. Eightcap Challenges 90.3/100
  4. 4. FTMO 89.0/100
  5. 5. FXIFY 87.3/100

All Prop Firms Ranked

Sorted by our score, filter and search below

Search by firm name, filter by evaluation type, broker backing or active offer, and sort by BPF Score or rank. All 27 prop firms stay on the page — nothing is hidden behind pagination.

All 27 prop firms we track, ranked by BPF Score
Country Profit split Challenge from Platforms Promo Review
1
FundedNext logo
FundedNext
98.2 Excellent out of 100 AE 95% $32.99 MT4, MT5, cTrader, Match-Trader 7% OFF Read Review Visit FundedNext
2
BrightFunded logo
BrightFunded
96.5 Excellent out of 100 NL 100% $47 cTrader, DXTrade, MT5 20% OFF Read Review Visit BrightFunded
3
Eightcap Challenges logo
Eightcap Challenges
90.3 Excellent out of 100 SC 80% $5 MT4, MT5, TradeLocker, TradingView 20% OFF Read Review Visit Eightcap Challenges
4
FTMO logo
FTMO
89.0 Excellent out of 100 CZ 90% $79 MT4, MT5, cTrader, TradingView No Offer - Read Review Visit FTMO
5
FXIFY logo
FXIFY
87.3 Great out of 100 MU 100% $19 MT4, MT5, DXTrade, TradingView 26% OFF Read Review Visit FXIFY
6
The5ers logo
The5ers
80.0 Good out of 100 IL 100% $19 MT5, cTrader 10% OFF Read Review Visit The5ers
7
Blueberry Funded logo
Blueberry Funded
79.0 Good out of 100 VC 90% $34 MT5, TradeLocker 20% OFF Read Review Visit Blueberry Funded
8
The Trading Pit logo
The Trading Pit
78.7 Good out of 100 LI 90% $29 cTrader, NinjaTrader, Tradovate, Rithmic, Quantower, ATAS, Volsys, Volumetrica, TradingView No Offer - Read Review Visit The Trading Pit
9
Think Capital logo
Think Capital
77.5 Good out of 100 GB 90% $39 TradingView, ThinkTrader No Offer - Read Review Visit Think Capital
10
Funded Trading Plus logo
Funded Trading Plus
76.0 Good out of 100 GB 100% $89 MT5, DXTrade, Match-Trader, cTrader No Offer - Read Review Visit Funded Trading Plus
11
City Traders Imperium logo
City Traders Imperium
73.0 Fair out of 100 AE 100% $29 MT5, MatchTrader No Offer - Read Review Visit City Traders Imperium
12
Hantec Trader logo
Hantec Trader
72.0 Fair out of 100 MU 95% $13 MT4, MT5 No Offer - Read Review Visit Hantec Trader
13
IC Funded logo
IC Funded
70.5 Fair out of 100 LC 90% $74 MT5, cTrader 25% OFF Read Review Visit IC Funded
14
Trade the Pool logo
Trade the Pool
66.0 Mixed out of 100 IL 80% $47 TraderEvolution No Offer - Read Review Visit Trade the Pool
15
Moneta Funded logo
Moneta Funded
66.0 Mixed out of 100 AE 88% $30 MT5, Match-Trader No Offer - Read Review Visit Moneta Funded
16
For Traders logo
For Traders
60.5 Poor out of 100 AE 90% $29 MetaTrader 5, cTrader, TradeLocker, For Traders X No Offer - Read Review Visit For Traders
17
Funding Pips logo
Funding Pips
59.0 Poor out of 100 AE 100% $29 MetaTrader 5, cTrader, Match-Trader No Offer - Read Review Visit Funding Pips
18
Atmos Funded logo
Atmos Funded
53.8 Poor out of 100 CY 90% $5 MT4, MT5 No Offer - Read Review Visit Atmos Funded
19
Funded Elite logo
Funded Elite
49.0 Poor out of 100 IT 95% $5 MetaTrader 5, TradeLocker, Match-Trader No Offer - Read Review Visit Funded Elite
20
AquaFunded logo
AquaFunded
45.5 Poor out of 100 AE 100% $19 MT5, TradeLocker, Match Trader, cTrader No Offer - Read Review Visit AquaFunded
21
Lark Funding logo
Lark Funding
41.5 Poor out of 100 CA 90% $60 cTrader, DXTrade No Offer - Read Review Visit Lark Funding
22
E8 Markets logo
E8 Markets
40.0 Poor out of 100 US 100% $40 Match-Trader, MT5, cTrader, TradeLocker, E8 Futures Platform, Tradovate No Offer - Read Review Visit E8 Markets
23
Maven Trading logo
Maven Trading
34.0 Poor out of 100 CA 80% $13 cTrader, Match-Trader, MT5 No Offer - Read Review Visit Maven Trading
24
Goat Funded Trader logo
Goat Funded Trader
61.0 Poor out of 100 AE 100% $22 cTrader, TradeLocker, MatchTrader, Volumetrica, MT5 No Offer - Read Review Visit Goat Funded Trader
25
Instant Funding logo
Instant Funding
42.5 Poor out of 100 LC 90% $25 MT5, cTrader, Match-Trader No Offer - Read Review Visit Instant Funding
26
Blue Guardian logo
Blue Guardian
34.5 Poor out of 100 — 90% $29 MetaTrader 5, TradeLocker, Match-Trader, NinjaTrader, Tradovate, DeepCharts, TradingView No Offer - Read Review Visit Blue Guardian
27
Alpha Capital logo
Alpha Capital
31.0 Poor out of 100 GB 90% $50 MetaTrader 5, cTrader, DXTrade, TradeLocker No Offer - Read Review Visit Alpha Capital

Every figure in this table is taken from each firm’s own published challenge terms, payout policy and fee schedule, cross-checked against its Trustpilot profile for the trust component. Last verified . 7 of the 27 firms currently carry a verified discount code. Scores are produced by our published methodology.

What the 2026 rankings show

We track 27 prop firms in this ranking, of which 27 carry a full score. FundedNext leads on 98.2/100, ahead of BrightFunded on 96.5/100 , with the lowest scored firm at 31.0/100. Scores come from five weighted categories (trust, rules, payouts, costs and trading access), calculated identically for every firm, with no paid placement.

Entry pricing starts at $5 for the cheapest evaluation we list. Profit splits reach 100% at the top of the table. The fastest first payout on record is 7 days after funding. 20 of these firms offer an instant funding route that skips the evaluation entirely. 7 carry a verified discount code.

Platform coverage is widest on MT5 (18 firms), cTrader (16 firms) and Match-Trader (9 firms). Check platform support before rules or pricing: a favourable rule set on an execution platform you dislike is a bad trade.

The BestPropFirms ranking open on a laptop, showing the scored prop firms comparison table

Buyer's guide

How to Choose a Prop Firm

Five attributes decide whether a funded account is worth buying, and they matter in this order. Each is scored on every firm in the table above.

1

Evaluation model

One-step challenges test a single profit target; two-step models add a verification phase at a lower target; instant funding skips evaluation entirely for a higher fee. One-step suits traders who hit targets quickly, two-step suits slower, lower-risk approaches, and instant funding only pays off if you are confident enough to skip the cheaper route.

2

Drawdown rules

Daily and maximum drawdown decide how much room you have before the account is closed, and how they are measured matters as much as the number. Trailing drawdown that follows your equity high is materially harder to trade than a static limit set from the starting balance, even when both are quoted at the same percentage.

3

Profit split and scaling

The split is the share of profit you keep once funded. Most firms start between 70% and 80% and step up with consistency; a scaling plan raises the account size after sustained performance. A high split on an account you cannot grow is worth less than a moderate split with a real scaling path.

4

Payout schedule

Payout frequency, first-payout waiting period, processing time and withdrawal minimum together decide when money actually reaches you. Bi-weekly cycles are the common baseline and weekly is fast; the first payout usually waits longer than the ones that follow it.

5

Platform and instruments

The platform decides how you execute and which tools you get. Check that the firm supports the platform you already trade before anything else on this list, because a favourable rule set on an execution platform you dislike is a bad trade.

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Our Process

How We Review Prop Firms

Research

We read the firm's official terms, challenge rules, payout policies, and T&Cs. All data sourced directly with no third-party aggregators.

Score

Each firm receives a score from 0 to 100 based on five weighted categories: Trust, Rules, Payouts, Costs and Trading Access. For CFD firms, Rules and Payouts weigh most; for futures firms, Costs weighs most.

Publish

Data stored in one canonical record. Every metric on every page flows from that source with no duplicated values, no stale data.

Got Questions?

Frequently Asked Questions

Everything you need to know about prop trading firms and how we rank them.

What is a prop trading firm?
A proprietary trading firm (prop firm) provides traders with capital to trade financial markets. Instead of risking your own money, you trade the firm's capital and share a percentage of the profits. Most firms require you to pass a challenge before receiving a funded account.
How does the BPF Score work?
The BPF Score rates each firm from 0 to 100 using five weighted categories: Trust, Rules, Payouts, Costs and Trading Access. For CFD firms, Rules and Payouts carry the heaviest weight (30% each); for futures firms, Costs leads at 30%. A weak-category deduction reduces the overall when the lowest of Rules, Payouts, Costs or Trading Access is below 7 out of 10, and the same formula applies to every firm with no affiliate influence.
What's the difference between instant funding and challenge programs?
The difference is the evaluation: instant funding skips it, challenge programs require it. Instant funding gives immediate access to a funded account, usually at a higher fee or a lower split. Challenges require hitting a profit target first and usually pay better once passed.
How do payouts work at prop firms?
After generating profits on your funded account, you can request a payout according to the firm's schedule (daily, weekly, bi-weekly, or monthly). Payouts are typically processed via bank transfer, cryptocurrency, or payment processors like PayPal. The firm keeps their percentage, and you receive your share.
Are prop firms legitimate or scams?
Both exist: established firms that pay as advertised, and operators with unclear rules or delayed payouts. We check every firm's rules against its own published terms and flag unresolved payout or transparency concerns on that firm's review. Transparent rules and a verified payout history are the signals that separate them.
Can US traders use prop firms?
Yes, but options are more limited due to regulatory restrictions. Many international prop firms don't accept US clients, while others have specific programs for US traders. We clearly mark which firms accept US traders in our reviews and filters.
What platforms do prop firms offer?
Most prop firms offer MetaTrader 4 (MT4), MetaTrader 5 (MT5), or cTrader. Some newer firms also support TradingView for charting with proprietary execution. The platform availability often depends on the broker the prop firm uses for execution.
How much capital can I get from a prop firm?
Initial funded account sizes typically range from $10,000 to $200,000. Many firms offer scaling programs where you can increase your account size by demonstrating consistent profitability, with some programs reaching up to $2 million or more.
How does a prop firm challenge work?
A prop firm challenge is a paid evaluation. You buy an account at a set size, then trade it to a profit target without breaching the daily or maximum drawdown limits, and usually while meeting a minimum number of trading days. Pass, and the firm gives you a funded account where you keep an agreed share of the profit. Fail, and you lose the fee and must buy another attempt, though some firms refund the fee after your first payout.
How do prop firms make money?
Prop firms earn from evaluation fees, from resets and retries when traders breach rules, and from their share of profits on funded accounts. Broker-backed firms also earn from the spread and commission on trades routed through their own brokerage. This is why challenge fees, refund policies and profit splits are weighted heavily in our scoring: they show whether a firm's income depends on traders failing or on traders succeeding.
What is the difference between a prop firm and a broker?
A broker gives you access to the market using your own money and earns from spreads and commissions on your trades. A prop firm gives you access to its capital after an evaluation, takes the trading risk on that capital, and keeps a share of the profits. Some firms are backed by a broker and act as both, which usually means tighter spreads and clearer execution, and it is a factor we record on each firm's record.

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