The best forex prop trading firms give traders access to larger capital, letting them trade bigger positions without using personal funds. Our review of the best prop firms looks at the top challenges and funded programs, focusing on forex trading features.
Our list of the best prop firms for forex trading is the following.
Prop trading firms provide forex traders with access to capital, enabling them to trade larger amounts without using their own money. We’ve reviewed the best forex prop trading firms, focusing on those with low fees, a good range of forex pairs, and solid profit-sharing models to help traders make the most of their opportunities.
Prop Firm Score
Challenge Types
One Step, Two Step
Trading Platforms
MT4, MT5, cTrader, TradingView
Profit Payout
80% – 95%
Why We Recommend FundedNext
FundedNext is the best forex prop firm with an overall score of 92/100 thanks to its solid scaling plan, flexible challenge types, and profit splits up to 95%. Whether you want quick funding or a structured evaluation, there’s an option for you.
Use promo code PROPFIRMS to get a 120% refund after passing the challenge—your entire fee back, plus a 20% bonus when you make your first withdrawal.
Pros & Cons
Prop Firm Details
FundedNext Offers Scaling up to $4 Million
FundedNext’s structured scale-up model and bi-weekly payouts make it the best forex prop firm for traders focused on consistency and long-term growth. The max funding limit is $4 million, with scaling every 4 months for traders who hit 10% growth, 2 payouts, and stay profitable.
Challenges and Accounts
FundedNext runs three challenge types across two core models:
All challenges are time unlimited, and optional add-ons include no minimum trading days, 10% drawdown, and lifetime 95% profit splits.
| Challenge Models | Stellar (1-Step) | Stellar (2-Step) | Stellar Lite |
|---|---|---|---|
| Challenge Phases | 1 Phase | 2 Phases | 2 Phases |
| Account Sizes | 6K - 200K | 6K - 200K | 5K - 100K |
| Audition Fees | $65 - $1,099 | $59 - $999 | $32 - $399 |
| Leverage | 30:1 | 100:1 | 100:1 |
| Commission | $5 | $5 | $7 |
| Profit Target | 10% | 8%, 5% | 8%, 4% |
| Maximum Daily Loss | 3% | 5% | 4% |
| Maximum Overall Loss | 6% | 10% | 8% |
| Time Limit | No Time Limit | No Time Limit | No Time Limit |
| Challenge Phase Profit Share | 15% | 15% | N/A |
| Funded Profit Split | 95% | 95% | 95% |
| Minimum Trading Days | 2 | 5 | 5 |
| First Reward | 5 Business Days | Monthly | 21 Days |
| Subsequent Rewards | 5 Business Days | Bi-Weekly | Bi-Weekly |
Profit Splits and Payouts
Profit splits go up to 95%, with 15% paid during the challenge on Stellar models.
Payout schedules vary by model:
Markets and Leverage
With access to 83 financial instruments across forex, indices, commodities, and cryptocurrencies, FundedNext caters to traders looking for diversity in their trading options. Leverage varies by account type and asset class, providing tailored exposure to manage risk.
| Asset Class | Instruments | Leverage (Varies by Model) |
|---|---|---|
| Forex | 50 pairs | Up to 100:1 |
| Indices | 18 indices | 5:1 - 50:1 |
| Commodities | 5 commodities | 10:1 - 50:1 |
| Cryptocurrencies | 10 cryptos | Fixed at 2:1 |
Trading Platforms
FundedNext offers access to:
TradingView is available through MT5 integration.
Trust and Community
FundedNext has a strong presence on social media, with active communities on Discord, Telegram, and Facebook. The prop firm’s excellent TrustPilot rating of 4.6 out of 5 reflects positive customer feedback, supported by high engagement across its online platforms.
The firm’s community channels provide traders with valuable insights, support, and real-time announcements.
Support and Education
FundedNext provides 24/7 support via live chat and email, complemented by a comprehensive range of educational resources, including trading guides, market updates, and a YouTube channel featuring over 1,200 videos.
These resources cover essential topics like trading psychology, strategy development, and market trends, while the YouTube content offers tutorials, webinars, and valuable insights into prop trading.
Our Final Verdict on FundedNext
FundedNext is the best forex prop firm in 2025 for traders who want multiple challenge options, fast withdrawals, and a realistic path to scaling. The high profit splits, wide platform support, and low entry cost on Stellar Lite make it accessible for all skill levels.
Prop Firm Score
Challenge Types
One Step, Two Step, Stock, Meme Coin
Trading Platforms
DXTrade, TradeLocker
Profit Payout
80% – 90%
Why We Recommend Funded Prime
Funded Prime is a good fit if you want flexible forex funding with straightforward rules and fast platforms. Instead of relying on MetaTrader, you’ll trade on DXTrade or TradeLocker, both of which allow automation and support different trading styles. DXTrade keeps execution clean and EA friendly, while TradeLocker integrates directly with TradingView for more advanced charting.
You can choose between traditional one step or two step forex challenges, or opt for something more niche like stocks or meme coins, which few other prop firms offer.
Use the coupon code PROPFIRMS25 for a 25% discount on fees.
Pros & Cons
Prop Firm Details
Funded Prime scored 80/100 in our testing, earning strong marks for fair trading rules, niche challenge options, and broker backed pricing via Eightcap. Profit splits start at 80% but for an extra fee you can up this to 90% with a paid add-on.
Challenges and Accounts
Funded Prime runs four challenge types, two traditional models and two more unique setups.
| Challenge | Meme Coin | One Step | Two Step | Stock Challenge |
|---|---|---|---|---|
| Evaluation Steps | 1 Step | 1 Step | 2 Steps | 1 Step |
| Account Size | $5K - $100K | $5K - $200K | $5K - $200K | $5K - $100K |
| Upfront Fees | $67 - $747 | $55 - $1,235 | $45 - $1,055 | $35 - $485 |
| Leverage | 1:10 | 1:50 | 1:50 | 1:5 |
| Max Daily Loss | None | 5% | 5% | 5% |
| Max Total Loss | 5% | 10% | 10% | 10% |
| Min Trading Days | 3 | 3 | 3 | 3 |
| Payout Frequency | 14 Days | 14 Days | 7 Days | 14 Days |
| Profit Share | 80% | 80% | 80% | 80% |
| Profit Share Add-On | 90% | 90% | 90% | 90% |
| Weekend Trading | Allowed | ✗ | ✗ | ✗ |
| News Trading | 10 min window | 10 min window | Allowed | 10 min window |
Profit Splits and Payouts
With Funded Prime you start on an 80% profit split, but there’s the option to bump it up to 90% if you buy the add-on. Withdrawals are straightforward, with a $100 minimum and a one to two day processing time once you’re funded.
The timing of your first payout depends on the challenge you’ve taken, 14 days for One Step, Stock, and Meme Coin, or just 7 days if you’re on the Two Step.
One thing to keep in mind is the daily profit cap which is 30% for most accounts and 40% for meme coin trading. It’s not overly restrictive, but it does steer you toward building consistency rather than relying on a single big day.
Markets and Leverage
Funded Prime offers forex, indices, commodities, stocks, crypto, and meme coins. Leverage maximums depend on the asset:
Spreads are sourced from Eightcap’s live pricing feed so even though you are in a simulated trading environment, you have real market conditions.
Forex and US stocks are really cost effective being $5 per lot for forex (you only pay on opening) or $2 per lot per side for US stocks. Crypto and meme coin commissions are not quite as competitive and can add up on larger positions as they are percentage based (0.1% of trade size).
Trading Platforms and Rules
Instead of MetaTrader, Funded Prime uses DXTrade and TradeLocker.
Trading rules are simple and reasonable:
Trust and Community
Feedback for Funded Prime on the likes of TrustPilot praises quick payouts and fair conditions. While it doesn’t have live chat support, there’s a ticket system and growing activity on Discord, X, TikTok, and Instagram.
The prop firm’s connection with Eightcap, a regulated forex broker, adds credibility by ensuring pricing and spreads track real markets.
Our Final Verdict on Funded Prime
Funded Prime is one of the more flexible forex prop firms, offering a mix of traditional challenges and niche options like meme coins and stocks. It doesn’t have MT4 or MT5, and crypto leverage is limited, but DXTrade and TradeLocker give you clean and fast execution and rules allow for automated strategies.
Prop Firm Score
Challenge Types
Two Step
Trading Platforms
DXtrade, cTrader, MT5
Profit Payout
80% – 100%
Why We Recommend BrightFunded
BrightFunded is the third best forex prop firm with an overall score of 95/100, and includes an industry leading loyalty program that makes it easy for you to scale up and keep more of your profits. With account sizes from $5K to $200K and profit splits up to 100%, it’s one of the best forex prop firms for traders looking to grow their capital.
The Trade2Earn loyalty program can reduce your trading costs overtime by allowing you to earn tokens that unlock free evaluations, higher profit splits, and lower drawdowns. Add that to an unlimited scaling plan, and you’ve got a prop firm that rewards consistency and growth.
Use promo code PROPFIRMS20 for 20% off challenge fees.
Pros & Cons
Prop Firm Details
BrightFunded’s Unlimited Scaling Plan
BrightFunded rewards consistency with an unlimited scaling plan, allowing you to increase your account size by 30% every four months if you meet performance targets.
Once you hit the third scale-up, you can keep 100% of profits, making it one of the most rewarding growth models in the prop trading industry.
| Challenge Type | Account Sizes | Fees (€) | Profit Targets | Max Daily Loss | Overall Drawdown |
|---|---|---|---|---|---|
| Two Step Challenge | $5K - $200K | €55 - €1,824 | 8% (Phase 1) / 5% (Phase 2) | 5% | 10% |
BrightFunded also provides customisable challenge add-ons such as faster payout cycles, higher profit splits, and no minimum trading days to cater to different trading styles.
Profit Splits and Payouts
BrightFunded’s profit-sharing model allows traders to keep 80% to 100% of their earnings, depending on scaling milestones and loyalty program participation. You can also request payouts weekly or bi-weekly based on selected add-ons.
| Payout Frequency | Default Split | Upgrade Options |
|---|---|---|
| Standard | 80% | N/A |
| Loyalty Tier | 90% | +20% fee |
| Maximum Tier | 100% | Available via Trade2Earn |
Withdrawals are processed via bank transfer or cryptocurrency, with no minimum withdrawal amount.
Trade2Earn Loyalty Program
The Trade2Earn program is a unique feature of the prop firm where you can earn BrightFunded Tokens for every trade, which can be redeemed for:
This program makes BrightFunded even more rewarding for prop traders who stay active and consistent.
Markets and Leverage
BrightFunded provides you access to 49 forex pairs, commodities, indices, and 35 cryptocurrencies. Leverage is flexible, with forex at 1:100, commodities at 1:40, and crypto at 1:5.
| Market Type | Instruments | Leverage |
|---|---|---|
| Forex | 49 currency pairs | Up to 1:100 |
| Commodities | Gold, Silver, WTI, UK Oil | Up to 1:40 |
| Indices | ASX 200, DAX 30, FTSE 100 | Up to 1:20 |
| Crypto | BTC, ETH, SOL, THORChain | Up to 1:5 |
Trading Platforms
One of BrightFunded’s biggest upgrades in 2025 was adding MetaTrader 5 (MT5) to its lineup, giving traders a choice of three platforms: MT5, cTrader, and DXtrade. Each works across desktop, web, and mobile, and all run on BrightFunded’s simulated environment with real market data.
Trust and Community
BrightFunded holds a 4.7/5 TrustPilot rating, with traders praising its fast payouts and transparent rules.
The prop firm has an active Discord community with over 16,000 members, offering trade ideas, market insights, and direct support from the BrightFunded team.
Our Final Verdict on BrightFunded
BrightFunded’s scaling plan, loyalty program, and flexible trading model make it a strong choice for traders focused on long term growth and high profit splits. If you’re looking for a prop firm that rewards consistency and active trading, BrightFunded is one of the best options out there.
Prop Firm Score
Challenge Types
One Step, Two Step, 10 Day
Trading Platforms
TradeLocker + TradingView
Profit Payout
80% – 90%
Why We Recommend DNA Funded
DNA Funded is the fourth best forex prop firm with a score of 97/100 plus low commission fees, a wide range of tradable forex pairs, and fast payouts. With challenges starting at $49, it’s one of the more affordable ways to get funded. The optional add-ons let you increase profit splits or shorten withdrawal times, giving you extra flexibility.
Use promo code PROPFIRMS25 to get 25% off your challenge fee, so you can start trading for less.
Pros & Cons
Prop Firm Details
DNA Funded Charges the Lowest Commission Fees
Ranked as the third best forex prop firm overall, DNA Funded stands out for its low fees, range of account types, wide market access, and strong partnership with DNA Markets.
With a solid overall score of 97/100, DNA Funded offers three challenge types with account sizes up to $200,000 and maximum leverage of 50:1 on forex pairs.
Challenges and Accounts
DNA Funded is designed to be competitive, with some of the lowest fees in the prop trading industry, starting from just $49.
The prop firm offers three challenge types to suit different trading styles and goals:
| Challenge Type | One-Off Fee | Fee for Add Ons | Add On | Account Sizes | Evaluation Process | Profit Share | Profit Target | Max Daily Drawdown | Max Total Drawdown | Max Active Trading Days | Crypto Trading Allowed |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Single Helix | $59 - 1,209 | 20% | Early Payout | $5,000 - $200,000 | 1 Step | 80% | 10% | 5% | 10% | Unlimited | Yes |
| Double Helix | $49 - $1,079 | 20% | Higher Profit Split | $5,000 - $200,000 | 2 Step | 80% | 10%, 5% | 6%, 5% | 10% | Unlimited | Yes |
| Rapid Challenge | $99 - $549 | 30% | Early Payout + Higher Profit Split | $10,000 - $100,000 | 1 Step | 80% | 5% | 4% | 5% | 10 Calendar Days | No |
Profit Splits and Payouts
DNA Funded offers a profit split starting at 80%, with an option to increase it to 90% through an add-on. Flexible payout options are available to funded traders, with a standard 14-day payout cycle, and an add-on to enable weekly (7-day) payouts.
Additionally, DNA Funded recently started enforcing a 40% daily profit cap. This rule limits you to earning a maximum of 40% of your total payout target from any one trading day. If you exceed this cap, any additional profits made that day will not count toward your payout eligibility until the following day. This policy aligns with DNA Funded’s broker-backed model and supports more stable and sustainable trading behaviours.
Markets and Leverage
DNA Funded gives traders access to over 800 financial instruments, with a strong focus on forex:
Leverage varies by market to help manage risk.
| Market | Leverage | Example Instruments |
|---|---|---|
| Forex | Up to 50:1 | EUR/USD, GBP/USD, USD/JPY |
| Commodities | Up to 10:1 | Gold, Silver, Brent Oil, Crude Oil |
| Indices | Up to 10:1 | AUS200, US500, UK100, DE40 |
| Stocks | Up to 5:1 | Selected stocks from global exchanges |
| Cryptocurrencies | Up to 1:2 | BTC/USD, ETH/USD (Single Helix & Double Helix only) |
Trading Platforms
DNA Funded provides access to one trading platform, TradeLocker integrated with TradingView. The platform is highly customisable, offering advanced charting and risk management tools, ideal for manual traders.
Trust and Community
As a new prop trading firm, DNA Funded partners with the reputable DNA Markets, an ASIC regulated broker known for reliable spreads and execution speeds. DNA Markets holds a TrustPilot rating of 3.9/5, which boosts DNA Funded’s credibility.
DNA Funded has initiated a private Discord server to build a secure trading community, where traders can interact, share insights, and receive support.
Support and Education
DNA Funded currently offers customer support via email. Educational resources are expected to grow and may include webinars, tutorials, and a comprehensive FAQ section in the future.
Our Final Verdict on DNA Funded
DNA Funded is a strong choice for traders seeking flexible challenges with low fees. Ranking as the second-best prop firm for forex traders with a score of 97/100, it provides competitive spreads, accessible payout options, and reliable trading through DNA Markets.
Prop Firm Score
Challenge Types
One Step, Two Step, Rapid, Stock
Trading Platforms
MT4, MT5, DXTrade, TradeLocker
Profit Payout
80% - 90%
Why We Recommend Blueberry Funded
Blueberry Funded is the 5th best forex prop firm in 2025, earning a score of 93/100 for its clear scaling plan, low fees, and solid forex trading conditions.
The scaling model increases your funded account by 25% every 3 months, up to $2 million, if you achieve 10% profit and make four withdrawals. You can trade 45 forex pairs with raw spreads from 0.1 pips and up to 1:50 leverage.
Use promo code PROPFIRMS20 to get 20% off your challenge fee.
Pros & Cons
Prop Firm Details
Blueberry Funded Automatically Scales Your Funded Account Up To $2 mil
Blueberry Funded is one of the best forex prop firms for traders who want to scale capital as they grow.
The prop firm’s structured scaling plan increases your funded account by 25% every 3 months, up to a $2 million cap, if you hit 10% profit and complete four payouts. The rules are clearly defined, and your trading conditions stay the same as you scale.
Challenges and Accounts
Blueberry Funded offers four evaluation models, and three out of four are built for forex and CFD prop trading. You can choose a challenge based on your trading speed, style, and risk preference.
Profit Splits and Payouts
Blueberry Funded starts all traders at an 80% profit split, with the option to upgrade to 90% as you scale. Payouts are available every 14 days, with a low $100 minimum and no open trades required. Profits are withdrawn through RiseWorks, with options including crypto (USDT, USDC) and bank transfer. The initial challenge fee is fully refunded after your first successful withdrawal.
Markets and Leverage
Blueberry Funded gives you access to a wide range of forex and CFD markets, with consistent leverage rules and low-cost trading across all challenge types.
Here’s what you can trade:
Trading Platforms
Blueberry Funded supports four trading platforms, MT4, MT5, and DXTrade, and TradeLocker, allowing you to select one that best fits your style.
Trust and Community
Blueberry Funded is backed by Blueberry Markets, a regulated forex broker licensed by ASIC. In 2025, it became a founding member of The Prop Association (TPA), which promotes transparency and trader protection.
With over 27,000 Discord members, active support channels, and verified payouts, Blueberry has a growing reputation for reliability and fairness in the prop space.
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Support and Education
You get access to 24/5 support via live chat and email, with responses typically under one business day. Educational content is limited, but an active Discord community fills the gap with peer guidance, trading tips, and support from staff. While their YouTube content is minimal, the platform experience and helpdesk coverage are strong.
Our Final Verdict on Blueberry Funded
Blueberry Funded is a smart pick if you’re a forex trader looking to scale over time without changing your trading style. The combination of clear rules, low fees, and a defined path to $2 million in simulated capital makes it one of the most scalable prop firms in the market.
Prop Firm Score
Challenge Types
Two Step
Trading Platforms
MetaTrader 5
Profit Payout
80% – 90%
Why We Recommend OANDA
OANDA is a top pick for beginners, with low challenge fees, a trusted reputation, and a simple evaluation process. Their MT5 platform is easy to use, and account sizes go up to $500,000, making it a good entry point for funded forex trading.
Use promo code PROPFIRMS to get 10% off your Boost or Classic challenge fees, making it even more affordable to start trading.
Pros & Cons
Prop Firm Details
OANDA is a User-Friendly Prop Firm for Beginner Traders
OANDA Prop Trader’s simplicity and flexibility make it the best prop firm for beginner forex traders. With low starting fees and an easy-to-navigate two-phase evaluation, it caters well to those new to the industry who need a straightforward pathway to a funded account.
The evaluation process doesn’t involve complicated rules, and the available educational tools are practical, making the prop firm challenge a good starting point.
Challenges and Accounts
OANDA offers two main challenge types: the Classic and Boost Challenges. Each option is structured to assess traders’ skills while providing manageable fees and a straightforward evaluation process.
The Classic Challenge has account sizes from $5,000 to $500,000, starting at just $35, which makes it accessible for beginners. The Boost Challenge offers higher profit splits (up to 90%) and is aimed at experienced traders who want to maximize returns.
Both challenge types require a minimum of 10 trading days per phase, providing a reasonable pace for those still developing trading habits and discipline.
Profit Splits and Payouts
OANDA’s profit-sharing structure starts at 80% for the Classic Challenge and can reach up to 90% in the Boost Challenge, appealing to traders focused on building account equity over time.
Traders can withdraw profits every 14 days, with a minimum withdrawal amount of $200. While higher than some other firms, the bi-weekly payouts and profit splits make it convenient for consistent earners. OANDA also offers a refund on the initial challenge fee after the first profit share, providing extra value for successful traders.
Markets and Leverage
OANDA provides access to 56 instruments across three main asset classes – forex, indices, and commodities – with leverage up to 100:1 for forex and 50:1 for other assets. Here’s the market breakdown:
Trading Platforms
OANDA supports MetaTrader 5 (MT5) exclusively, offering a single but well-equipped platform for all trading activities. MT5 is particularly useful for beginner traders due to its:
While some traders may miss the variety of platforms like MT4 or cTrader, MT5’s capabilities make it a solid choice for both learning and executing trades.
Trust and Community
OANDA’s long-standing reputation in the trading industry brings a level of trust to its prop trading division, despite it being separate from the regulated brokerage services.
The firm’s active social media presence also allows traders to stay informed and engaged, although it lacks direct community interaction, such as a Discord group dedicated to prop trading discussions.
On TrustPilot, OANDA has a 4.1 out of 5 rating, but these reviews are mostly reflective of the broader OANDA brand, rather than the prop trading services specifically.
Support and Education
OANDA offers reliable email support and live chat, though the latter can be inconsistent at times. OANDA Labs, the firm’s educational resource, provides practical tools and guides that help traders develop their skills and gain insights into market conditions.
While this support and education setup may suit beginners, more immediate assistance would benefit those trading in different time zones.
Our Final Verdict on OANDA
OANDA Prop Trader is a solid choice for beginners, with accessible fees, a straightforward evaluation process, and reliable MT5 features. The Classic Challenge’s low entry point and practical education resources make it ideal for those getting started in prop trading.
Prop Firm Score
Challenge Types
Instant, One Step, Two Step, Three Step
Trading Platforms
MT4. MT5, DXTrade + TradingView
Profit Payout
Up to 90%
Why We Recommend FXIFY
FXIFY scored 83/100 overall in testing, with flexible evaluation options and customisable add-ons, including higher profit splits, faster payouts, and increased leverage. You can choose from Instant, Lightning, One, Two, and Three Phase challenges, with account sizes up to $400,000.
While FXIFY promotes spreads from 0 pips, there’s limited transparency around actual trading costs, but if you prioritise adaptability, FXIFY’s customisation options still make it a reasonable prop firm.
Pros & Cons
Prop Firm Details
FXIFY Has a Range of Challenge Add-Ons
FXIFY offers customisable add-ons that allow traders to tailor their accounts, with options for faster payouts, increased leverage, and higher profit splits, providing flexibility for a range of trading styles.
Challenges and Accounts
FXIFY’s challenge options offer a structured approach with five main formats – Instant, Lightning, One Phase, Two Phase, and Three Phase – each designed with specific profit and risk management criteria:
Each challenge type accommodates account sizes ranging from $1,000 to $400,000, with varying fees that scale with the account size.
Profit Splits and Payouts
FXIFY’s profit split begins at 80%, but you can purchase an add-on to increase the split to 90%. Payouts are processed monthly by default, but traders who prefer more frequent withdrawals can buy an addon for bi-weekly payouts.
A Performance Protect add-on also offers extra security by extending the maximum drawdown buffer, which can be particularly useful for those aiming to trade more frequently.
Markets and Leverage
FXIFY provides access to 101 financial instruments across forex, indices, commodities, stocks, and cryptos.
Leverage options are set at a conservative 30:1 for forex and gold, 10:1 for indices, and 2:1 for stocks and crypto.
An add-on is available to raise leverage to 50:1 for forex and gold trades, providing increased exposure for traders on MT4 and MT5 (not available on DXTrade).
Trading Platforms
FXIFY offers three popular trading platform choices to cater to varied trading preferences with MT4, MT5, and DXTrade with a TradingView integration available.
Trust and Community
FXIFY has built a strong online presence, with a Discord community with tens of thousands of members, providing a platform for traders to share insights and strategies.
With a 4.1/5 TrustPilot score, user feedback highlights positive experiences with quick payouts, though some users have noted delays in processing times for high-tier accounts.
Support and Education
Customer support is available 24/7 via live chat and email, but response times and service consistency vary. FXIFY’s educational resources are limited, with minimal video tutorials and a basic FAQ section.
If you are needing in-depth learning resources, FXIFY may not be as strong as other prop firms with more comprehensive educational offerings.
Our Final Verdict on FXIFY
FXIFY stands out with flexible add-ons for profit splits, leverage, and payout frequency, giving traders options to customise their experience. With multiple challenge structures catering to varied trading styles, FXIFY provides a unique level of control for traders aiming to align their accounts with specific strategies.
Prop Firm Score
Challenge Types
One Step, Two Step, Three Step
Trading Platforms
MT5, ThinkTrader + TradingView
Profit Payout
Up to 90%
Why We Recommend ThinkCapital
ThinkCapital is a broker-backed prop trading firm offering account sizes from $5,000 to $200,000. With competitive fees, three evaluation challenges, and profit splits up to 90%, ThinkCapital caters to diverse trading styles.
Pros & Cons
Prop Firm Details
ThinkCapital’s Challenge Fees are as Low as $39
ThinkCapital ranks as one of the most cost-effective broker-backed prop firms, with challenge fees starting from just $39 and account sizes up to $200,000.
With three tailored evaluation programs and profit splits reaching 90%, it suits traders of all skill levels. The firm also provides bi-weekly payouts and scaling opportunities, focusing on long-term growth for consistent performers.
Challenges and Accounts
ThinkCapital offers three challenge types, each designed to accommodate different trading strategies and skill levels.
Add-ons, such as increased profit splits, weekly payouts, and news trading allowances, provide flexibility for traders seeking customised trading environments.
| ThinkCapital Challenge | Lightning | Dual Step | Nexus |
|---|---|---|---|
| Evaluation Process | One Step | Two Step | Three Step |
| Fees (Min - Max) | $59 - $949 | $59 - $949 | $39 - $649 |
| Account Sizes | $5,000 - $200,000 | $5,000 - $200,000 | $5,000 - $200,000 |
| Total Profit Target (%) | 10% | 13% | 18% |
| Daily Loss Limit (%) | 3% | 4% | 4% |
| Max Loss Limit (%) | 6% | 8% | 8% |
| Profit Split | Up to 90% | Up to 90% | Up to 90% |
| Payout Frequency | 14 days | 14 days | 14 days |
| Leverage | 1:30 | 1:100 | 1:100 |
Profit Splits and Payouts
ThinkCapital’s profit-sharing structure offers one of the most competitive splits in the industry, reaching up to 90%. Payouts are processed on a bi-weekly basis by default, with an optional upgrade to weekly withdrawals for faster access to funds.
All payouts are exclusively in cryptocurrency, ensuring quick transaction times but potentially limiting traders who prefer traditional banking methods. Fees for challenges are refunded upon the first profit withdrawal, providing an additional incentive for consistent performance.
Markets and Leverage
ThinkCapital supports a broad range of tradable instruments, including forex, commodities, indices, and cryptocurrencies. Leverage is tailored to the challenge type and asset class, catering to diverse trading strategies.
Trading Platforms
ThinkCapital provides two advanced platforms for trading:
Note, US traders are restricted to ThinkTrader due to MT5’s regulatory limitations.
Trust and Community
ThinkCapital maintains a solid Trustpilot score of 4.5/5, based on user feedback highlighting transparent rules and efficient payouts.
While its Discord community is smaller than some competitors at 9,000 members, it provides a collaborative space for traders to share strategies and insights.
Active social media channels further support user engagement with regular updates and educational content.
Support and Education
Customer support is accessible through live chat, email, and a web contact form, offering timely assistance for both new and experienced traders.
ThinkCapital also provides a solid range of educational content through its YouTube channel, featuring over 100 videos covering topics like risk management, platform tutorials, and trading psychology.
These resources cater to traders at all levels, helping to refine skills and enhance performance.
Final Verdict on ThinkCapital
ThinkCapital combines affordability, flexible challenges, and advanced tools to create a comprehensive prop trading experience. While its crypto-only payouts and smaller community may not appeal to everyone, the firm’s low fees, competitive profit splits, and reliable trading conditions make it a top contender for traders focused on growth and consistency.
Prop Firm Score
Challenge Types
Two Step
Trading Platforms
MT4, MT5, cTrader, DXtrade
Profit Payout
80% – 90%
Why We Recommend FTMO
We recommend FTMO for its reputable standing as one of the original prop trading firms, established in 2015. FTMO offers a structured, two-phase evaluation process with accessible entry fees and a refundable fee model upon successful completion.
Its three account types—Standard, Aggressive, and Swing—cater to different trading styles, allowing traders to select a model that aligns with their risk tolerance and trading approach.
Pros & Cons
Prop Firm Details
FTMO has been a Trusted Prop Firm since 2015
Founded in 2015, FTMO has established itself as one of the most reputable and well-known prop trading firms with a transparent approach to evaluation and funded trading.
As one of the first in the industry, FTMO set the standard for modern prop trading, offering traders a structured path to access significant capital with clear profit-sharing incentives. The firm has a strong reputation, backed by an Excellent rating on Trustpilot, where it scores 4.9 out of 5 from thousands of reviews.
FTMO Challenges and Accounts
FTMO provides traders with three main account types, each tailored to different trading strategies and risk levels. Account sizes range from €10,000 to €200,000, with fees that are refundable upon successful completion of the evaluation process.
Here’s a breakdown of the account types and evaluation structure:
Profit Splits and Payouts
FTMO’s profit-sharing model starts with an 80% split of profits, which can scale up to 90% for traders demonstrating consistent profitability over time.
The firm’s scaling plan rewards you by increasing account sizes by 25% every four months, provided you maintain a 10% profit across that period. This system enables you to potentially grow your account to $2 million through consistent performance.
FTMO allows you to request payouts every 14 days after your first trade, and payouts are processed within 1–2 business days without withdrawal fees.
Markets and Leverage
FTMO provides you access to a wide range of financial markets, including forex, commodities, indices, stocks, cryptocurrencies, and bonds.
Standard and Aggressive accounts offer leverage up to 1:100, while the Swing account caps leverage at 1:30 to mitigate risks for longer-term trades. This flexible leverage structure allows traders to adjust their exposure based on their trading style.
Trading Platforms
FTMO supports four major trading platforms, offering detailed options to suit different trader preferences and technical needs:
Trust and Community
FTMO’s reputation is built on its early establishment in the industry and a strong track record of service. With an Excellent Trustpilot rating of 4.9 out of 5 and thousands of positive reviews, FTMO is regarded as a trusted prop firm with a history of transparent and supportive practices.
Socially, FTMO has a huge following on Instagram, Twitter, Facebook, and YouTube, engaging traders with educational resources, market insights, and community-driven content.
Support and Education
FTMO offers 24/7 support through live chat, WhatsApp, phone, and email, ensuring traders receive prompt assistance.
The firm also provides educational resources through its ‘Trading Academy’ and a suite of proprietary trading apps, including Account MetriX and the Mentor App, designed to improve trading discipline and strategy.
Video content on FTMO’s YouTube channel and articles on trading psychology add further support, enhancing trader development.
Our Final Verdict on FTMO
FTMO offers reputable funding, a range of account types, and a structured scaling system. Its commitment to transparency, consistent payouts, and quality educational resources make it a top prop firm if you are looking for a firm with a proven track record and extensive support for development.
Prop Firm Score
Challenge Types
Instant, One Step, Two Step
Trading Platforms
DXTrade, Match-Trader, cTrader, MT4, MT5
Profit Payout
80% +
Why We Recommend FTP
We recommend Funded Trading Plus (FTP) for its flexible account types, including instant funding options that provide immediate trading capital, appealing to a range of trading goals and experience levels.
With scalable accounts up to $5 million, profit splits starting at 80%, and options for higher profit shares, FTP is a solid choice for traders looking for both growth and adaptability in funded trading.
Pros & Cons
Prop Firm Details
Funded Trading Plus Offers Instant Funding
Funded Trading Plus (FTP) stands out for its variety of funding options, including instant access to trading capital. This flexibility gives traders the choice between immediate funding or structured evaluations, appealing to different skill levels and trading goals.
With instant funding, FTP offers a fast-tracked route to live trading without any evaluation, while its scaling plans allow for account growth up to $5 million.
Challenges and Accounts
FTP offers three main account types with instant funding, one step, and two step evaluations available:
Account sizes range from $5,000 to $200,000, with fees from $119 to $4,500 depending on the account type and size.
Profit Splits and Payouts
FTP’s profit-sharing begins at a competitive 80% but includes add-ons to increase the split to 85% or 90% right from the start, giving traders the option to optimise their earnings immediately.
FTP also offers customisable payout intervals, with choices of 3, 5, or 7 days, allowing traders to control the frequency of their withdrawals according to their preferences.
For traders who complete the evaluation phase, FTP provides a refund of the initial challenge fee after the first profit withdrawal, making the evaluation process more cost-effective for successful participants.
Additionally, FTP’s add-ons extend to account size boosts (increasing funding by 15%), enhanced scaling options up to $5 million, and faster payout frequency upgrades, making FTP a flexible choice for traders looking to maximise their funded trading potential.
Markets and Leverage
FTP provides a focused selection of 53 trading instruments, spanning forex, commodities, indices, and cryptos:
Trading Platforms
FTP offers a great selection of trading platforms, you can choose from Match-Trader, DXTrade, MT4, MT5, or cTrader:
Traders choose their preferred platform during registration. However, switching platforms post-registration incurs a fee, so careful selection at the start is advised to avoid additional costs.
Trust and Community
FTP has built a strong community, supported by a high TrustPilot rating of 4.7 stars, indicating generally positive user experiences. The firm actively engages with its community through various social media channels and a dedicated Discord server with over 40,000 members.
The Discord platform serves as a collaborative environment for traders to exchange strategies, discuss market insights, and receive timely updates, contributing to an informed and supportive trading community.
Support and Education
FTP offers 24/7 customer support via email and live chat, with response times that are typically fast and helpful, yet the the firm’s educational resources are limited to basic blog posts and YouTube tutorials.
Our Final Verdict on FTP
Funded Trading Plus (FTP) offers immediate or staged funding options with scalable accounts up to $5 million and profit splits up to 90%. With a focus on forex and commodities, flexible payout intervals, and various trading platforms, FTP caters to traders seeking both rapid access to capital and room for growth.
When selecting the best forex prop trading firm, we consider several factors that will directly impact your experience as a prop trader, as well as earnings potential and success in the program:
Overall, forex prop trading firms offer an accessible way for traders to gain capital, trade forex and CFDs, and work within a structured, supportive environment.
Our list of the 10 best forex prop trading firms provides various account balance options, from smaller starter accounts to large-scale funding for experienced traders, catering to those seeking to develop and profit from their trading skills.
We selected the best forex prop trading firms by following our methodology that involves giving each firm a score out of 10 across eight core criteria. We look first at challenge structure, evaluating how accessible and varied each firm’s programs are, including funding steps, drawdown limits, and profit targets. We rank each prop firms account options to assess competitiveness and value for money.
Next, we assess trading costs, covering forex spreads and commission fees to ensure competitive pricing. Market range and leverage is another essential factor, highlighting prop firms that support diverse trading strategies with options across forex, commodities, indices, and cryptocurrencies.
Trading platform quality is central, with preference given to firms that offer multiple tools, like MT4, MT5, or cTrader, supporting different trading styles. Profit payout structures are also a priority, focusing on payout frequency, profit splits, and withdrawal minimums to determine how well firms accommodate steady earnings.
Customer support and education are important for a smooth trading experience, with higher ratings for firms that offer accessible help and practical learning resources. We also look closely at trust and community, noting positive TrustPilot scores, strong Discord servers, and transparent policies as indicators of reliability.
Finally, a streamlined sign-up process that allows quick access to evaluation programs and easy payment methods also plays a role.
Forex prop trading firms give forex traders the opportunity to trade with substantial capital provided by the firm rather than relying on their own funds. These firms evaluate traders through structured challenges or assessments to gauge their skill level, consistency, and risk management.
Traders who meet these requirements earn access to funded live accounts, allowing them to trade forex with a higher account balance than they might otherwise afford. Profits generated on these accounts are shared between the trader and the firm, making it possible for traders to earn from forex trading without risking more than the initial challenge fee.
Forex prop trading firms offer traders a pathway to access greater capital for forex markets, beginning with an evaluation phase. In this phase, you partake in a challenge where you are aiming to meet specific performance targets and risk management requirements, such as a 10% profit target with daily and overall drawdown limits of 5% and 10%. Success in this evaluation phase demonstrates your skills and risk management ability, qualifying you for a funded account backed by the prop firm’s capital.
Once you reach the funded trader stage, you receive a profit share, typically between 80-90%, while the firm retains a smaller share. To encourage ongoing success, prop trading firms often conduct regular assessments and may offer scaling plans, allowing you to grow your capital as you demonstrate consistent, profitable trading performance.
This model provides a structured, low-risk way for forex traders to access significant capital without risking personal funds, aside from any initial evaluation fees. You can read the full forex prop trading guide for more information about the types of forex prop firms, the best trading strategies, and so on.
FundedNext is considered the best prop trading firm for forex due to its competitive spreads, high profit splits, and diverse account options. It offers leverage up to 1:100 and a choice between two-phase and instant funding models, making it accessible for different trading styles. FundedNext’s challenge structure provides a balanced mix of realistic evaluation targets and trader-friendly conditions.
Proprietary trading firms, aka prop firms, provide traders with access to capital, allowing them to trade financial markets without risking personal funds. Forex prop firms evaluate CFD traders through challenge programs, assessing skills in managing risk and meeting profit targets. Successful traders gain funded accounts, sharing a percentage of their profits with the firm.
IC Funded and DNA Funded are two of the cheapest prop firms with the best trading conditions for forex traders. IC Funded’s partnership with IC Markets allows it to offer spreads from 0 pips and leverage up to 50:1, making it a strong choice for those prioritising low trading costs.
DNA Funded is also offers low fees, up to 90% profit split, and flexible account types. Both firms suit a variety of trading styles and budgets.
OANDA tops the list with leverage up to 100:1 on forex pairs, offering prop traders a strong option for increased market exposure. FundedNext also matches this leverage on forex, giving traders similar high-exposure potential. For commodities and indices, both prop trading firms apply a leverage cap of 50:1. As with CFD trading, make sure you employ solid risk management strategies when participating in prop challenges.
IC Funded, DNA Funded, and Blueberry Funded are some of the best prop firms and much better than FTMO. IC Funded provides ultra-low spreads through its partnership with IC Markets, while DNA Funded is known for its low fees and high profit splits of up to 90%, with various flexible challenges.
Lastly, Blueberry Funded Rapid Challenge is one of the fastest evaluation processes in the industry, enabling traders to achieve funding within 7 days.
Prop trading firms use challenges to evaluate traders before granting access to funded accounts. These challenges typically require you to meet profit targets while adhering to risk management rules, such as drawdown limits and maximum loss thresholds. Most firms offer one-step or two-step evaluations, with structured guidelines on trading performance. To learn more about the process, visit our guide on how challenges work.
