Best Prop Firms in India

FundedNext offers flexible challenges, high profit splits up to 95%, and reliable platforms like MT4, MT5, cTrader, and Match-Trader, making it the best prop firm in India.

Use code PROPFIRMS for an exclusive 120% refund on challenge fees—100% refund plus an extra 20% in cash

FundedNext is the best prop trading firm for Indian traders, offering three tailored challenge models—Stellar One Step, Stellar Two Step, and Stellar Lite—with account sizes from $5,000 to $200,000. Traders can earn up to 95% profit share and benefit from payouts as early as five days after passing.

Evaluation Process

FundedNext offers three challenge types:

1. Stellar One Step: Single-phase, 10% profit target, 3% daily/6% overall loss. 15% profit share during challenge. Fast 5-day payout after funding.
2. Stellar Two Step: Two-phase model with 8% and 5% targets. 5% daily/10% total drawdown. 15% profit share during challenge, bi-weekly payouts after funding.
3. Stellar Lite: Cheapest option starting at $32. Two-step with 8% and 4% targets. 4% daily/8% overall drawdown. No profit share during challenge but full 95% after funding.

All models have no time limits and optional add-ons, including no minimum trading days and extended drawdowns.

Fees and Profit Payouts

Fees range from $32 to $1,099 depending on model and account size. Profit splits are capped at 95%, with 15% profit share paid during the challenge on Stellar accounts. Withdrawals start from $20 (crypto-only under $50) and are processed bi-weekly using Deel, crypto, or bank transfer.

Markets and Leverage

FundedNext gives access to 83 markets across four asset classes:

• Forex – up to 100:1
• Indices – up to 50:1
• Commodities – up to 50:1
• Cryptos – 2:1

This setup supports flexible trading strategies while maintaining risk control.

Trading Platforms

FundedNext supports four major platforms:

• MT4 & MT5: Free and compatible with EAs (MT5 also has TradingView integration)
• cTrader: Manual-friendly but costs $25; not available for 100K+ accounts
• Match-Trader: Browser-based, also $25 fee, not available for 100K+ accounts

Trust and Support

• TrustPilot Score: Rated 4.6/5 on TrustPilot, reflecting strong satisfaction.
• Community: Active Discord with hundreds of thousands of members, plus Telegram and social media engagement.
• Customer Support: 24/7 via live chat and email, with enhanced Pro Support for funded traders.
• Educational Resources: Extensive FAQs, guides, and 1,200+ videos on YouTube.

Final Verdict on FundedNext

FundedNext leads for Indian traders thanks to its competitive pricing, up to 95% payouts, flexible models, and quick withdrawals. Its strong community and optional add-ons make it a standout choice, even if strict news trading rules and platform fees apply on some accounts.

FXIFY is a great choice for Indian traders thanks to its flexible challenges, starting from beginner-friendly options to fast-track evaluations for experienced traders. You can customise accounts with higher profit splits (up to 90%) or increased leverage, making it easy to match your trading style.

With reliable platforms like MT4, MT5, and DXTrade, plus an active Discord community of 38,000+ traders, FXIFY combines the tools and support needed to succeed in prop trading.

FXIFY is the best prop trading firm in India, offering a variety of challenges, customisable accounts, and reliable platforms like MT4, MT5, and DXTrade. With profit splits of up to 90% and a strong trading community of over 38,000 members, it’s a solid option for both beginners and experienced traders.

Evaluation Process

FXIFY offers four types of challenges, each tailored to different trading styles and experience levels:

1. One Phase Challenge: A fast-track option suitable for confident, experienced traders.
2. Two Phase Challenge: Requires consistent performance and has a trailing drawdown.
3. Three Phase Challenge: Designed for beginners, and encourages gradual, low-risk progress.
4. Lightning Challenge: A high-speed evaluation to be completed in 7 days, with a strict consistency rule and mandatory stop-loss on every trade.
5. Instant Funding: Provides immediate access to trading capital with no evaluation requirements

Each challenge has no maximum trading day limit, allowing traders to proceed at their own pace.

Fees and Profit Payouts

Challenge fees range from $39 to $2,950, depending on the account size and challenge type. Add-ons such as increased leverage or a higher profit split incur additional costs. All fees are fully refundable after the first successful withdrawal.

Profit splits start at 80% and can be upgraded to 90% with an add-on. Traders can request their first payout immediately after achieving profitability, with monthly payouts by default. A bi-weekly payout option is available for an extra fee, offering flexibility for traders who prioritise frequent withdrawals.

Markets and Leverage

FXIFY offers access to a variety of asset classes, though its leverage is conservative to encourage responsible trading. Traders can use up to 30:1 leverage on forex and gold, with an option to increase to 50:1 for a fee.

• Forex: 42 currency pairs, including majors, minors, and exotics.
• Indices: 13 global indices, including S&P 500 and Nifty.
• Commodities: Gold, silver, and crude oil.
• Stocks: 30 equities, available exclusively on MT5.
• Cryptocurrencies: Bitcoin, Ethereum, and Ripple on MT4/MT5.

Trading Platforms

FXIFY supports three major platforms, offering a range of tools and features to suit different trading strategies:

• MT4: Ideal for automated trading with EAs and a user-friendly interface.
• MT5: Offers multi-asset capabilities, depth of market data, and advanced order types for experienced traders.
• DXTrade + TradingView: Combines DXTrade’s customisation with TradingView’s powerful charting tools, suitable for traders focused on detailed technical analysis.

Trust and Support

FXIFY has built a strong reputation among its community of traders, though there is room for improvement in some areas.

• TrustPilot Score: Rated 4.1 out of 5 stars, with reviews about quick payouts and flexible trading rules.
• Community: A Discord server with 38,000+ members and active social media channels connecting traders.
• Customer Support: Live chat and email support available, though response times may vary during high traffic periods.
• Educational Resources: Limited resources, with a basic FAQ section and minimal video tutorials.

Final Verdict on FXIFY

FXIFY’s flexible challenges, customisable accounts, and active community make it the second best prop firm for Indian traders. With profit splits up to 90% and reliable platforms like MT4, MT5, and DXTrade, FXIFY provides the tools, flexibility, and support needed for traders to grow and succeed.

DNA Funded stands out with low-cost challenges starting at $49, customisable add-ons, and a huge range of tradable assets. Backed by DNA Markets, you get tight spreads and reliable execution. Whether you’re into forex, stocks, or indices, there’s plenty to trade.

Use promo code PROPFIRMS25 for 25% off your challenge fee, making it one of the cheapest ways to access an 80%-90% profit split.

DNA Funded is a top prop firm with low fees, reliable trading conditions, and funding options for all traders. Backed by DNA Markets, it offers tight spreads and fast execution. With three challenge types, Single Helix, Double Helix, and Rapid Challenge, it provides flexibility and profit splits of up to 90%.

Evaluation Process

DNA Funded’s evaluation process includes three challenge types, each tailored to different trading strategies and skill levels:

1. Single Helix: A simple one-step evaluation with a 10% profit target and no time limit, ideal for traders focused on consistency and long-term growth.
2. Double Helix: A two-step challenge requiring 10% profit in Phase 1 and 5% in Phase 2, with unlimited trading days, designed for systematic, steady traders.
3. Rapid Challenge: A fast-paced one-step challenge with a 5% profit target and a 10-day time limit, suitable for experienced traders using high-frequency or scalping strategies.

Each challenge offers 80% profit splits, upgradeable to 90% through add-ons, and traders have the option to customise accounts for faster payouts.

Fees and Profit Payouts
DNA Funded’s fees range from $49 to $1,451, depending on the account size and challenge type. Add-ons for a higher profit split or faster payouts incur additional costs, with fees increasing by 20%-30%. All fees are one-time and refundable after the first successful withdrawal.

You start with an 80% profit split, upgradeable to 90%. Payouts follow a 14-day cycle by default, with an optional add-on reducing the cycle to 7 days for quicker access to profits.

A 40% daily profit cap also applies across all challenges. This means no more than 40% of your payout target can be generated in a single trading day. The cap supports consistent performance and reflects DNA Funded’s broker-backed compliance model.

Flexible payout methods, including cryptocurrency and bank transfers, accommodate traders in India and beyond.

Markets and Leverage

DNA Funded gives traders access to over 800 financial instruments, including:

• Forex: Wide selection of major, minor, and exotic currency pairs.
• Indices: Popular global indices like the S&P 500 and Nifty.
• Commodities: Gold, silver, and crude oil.
• Stocks: Diverse equity options, though limited compared to other firms.
• Cryptocurrencies: Available for Single and Double Helix challenges.

Leverage caps range from 1:30 to 1:50 for forex, 1:10 for indices and commodities, 5:1 for stocks, and 1:2 for cryptocurrencies, balancing flexibility and risk management.

Trading Platforms

DNA Funded supports one trading platform, TradeLocker integrated with TradingView. This user-friendly platform offers advanced charting tools, seamless on-chart trading, and reliable performance across devices. It’s ideal for manual traders focused on technical analysis. Unfortunately, since DNA Funded discontinued its support of DXtrade, automated trading with Expert Advisors are no longer available.

Trust and Support

Although newly launched, DNA Funded benefits from its partnership with DNA Markets, a well-regarded liquidity provider, lending credibility to the firm.

• TrustPilot Score: DNA Funded holds a Trustscore of a 3.5/5 stars.
• Community: Building a trader community through Discord, with channels for strategy discussions and support.
• Customer Support: Currently limited to email but expected to expand.
• Education: Minimal resources available, though more comprehensive tools may be introduced over time.

Final Verdict on DNA Funded

DNA Funded’s combination of low fees, flexible challenges, and strong backing from DNA Markets makes it a top choice for traders in India. Its customisable options, high profit splits, and access to 800+ markets ensure appeal for both beginners and experienced traders. As the firm continues to grow, its value as a reliable prop trading option is set to increase.

BrightFunded gives you a profit share that scales up to 100%, a loyalty program that rewards you with free challenges, and unlimited scaling potential. There are also add-ons for faster payouts if you want to cash out sooner.

Use coupon code PROPFIRMS20 for 20% off your challenge fee, so you can save some money while getting started.

BrightFunded is a top prop trading firm, known for its flexible challenges, trader focused addons, and a unique reward systems. With account sizes ranging from $5K to $200K, its two step evaluation process, unlimited scaling plan, and unique Trade2Earn Rewards Program make it a great option for Indian traders.

Evaluation Process

BrightFunded’s challenges involve a multi-stage evaluation process, with clear evaluation rules and the opportunity to customise your trading experience:

1. Phase One: Achieve an 8% profit target with a 5% daily loss limit and 10% total drawdown.
2. Phase Two: Meet a reduced 5% profit target while maintaining the same risk parameters.
3. Phase Three: Access a funded account with up to 100% profit retention and unlimited scaling opportunities.

BrightFunded allows traders to personalise their challenges with add-ons like higher profit splits, faster payouts, and waived minimum trading day requirements.

Fees and Profit Payouts

Challenge fees range from €55 to €975 depending on the account size you choose. These fees are a one-time cost with no hidden charges and can be refunded after reaching funded status.

Profit splits start at 80% and can increase to 100% through the scaling plan or addons. BrightFunded’s Trade2Earn Rewards Program also allows traders to earn tokens for every trade, which can be redeemed for profit split boosts, free evaluations, or discounts on future challenges.

Payouts are flexible and paid out monthly by default, with addons available for weekly or bi-weekly cycles. Payments are processed via bank transfer or cryptocurrency, with no minimum withdrawal limits, making it easy for traders to access their earnings efficiently.

Markets and Leverage

BrightFunded provides access to a diverse range of trading instruments:

• Forex: 49 pairs, including majors, minors, and exotics.
• Commodities: Energy products, precious metals, and more.
• Indices: Global indices like S&P 500 and DAX.
• Cryptocurrencies: 36 digital assets, including Bitcoin and Ethereum.

Leverage is capped at 1:100 for forex, 1:50 for commodities, 1:20 for indices, and 1:10 for cryptocurrencies, promoting responsible risk management while supporting diverse trading strategies.

Trading Platforms

BrightFunded now supports three platforms: MetaTrader 5 (MT5), cTrader, and DXtrade. All are available on desktop, mobile, and web, and run on BrightFunded’s demo-based evaluation and funded accounts with real market data.

1. MT5 is the industry standard and the best choice if you want advanced charting, fast execution, and automated trading with Expert Advisors.
2. cTrader is designed for precision and speed, with features like Level II depth of market, customizable charts, and support for C# algo trading.
3. DXtrade is the most beginner friendly, with a simple layout, built in risk tools, and multi asset support, making it an option for discretionary traders.

These options mean whether you’re an algo trader or more manual in your approach, you’ll find a platform that fits your style.

Trust and Support

BrightFunded has built a reputation for transparency and reliability, supported by its community and trader-focused features:

• TrustPilot Score: 4.7/5, with praise for fast payouts and clear policies.
• Community: A Discord server with 16,000+ members fosters collaboration.
• Customer Support: 24/7 availability via email, live chat, and WhatsApp.
• Educational Resources: Comprehensive FAQs and platform guides for all traders.

Final Verdict on BrightFunded

BrightFunded’s flexibility, unlimited scaling, and trader rewards make it an ideal choice for both beginners and experienced traders in India. Its two step challenges and customisable options provide growth opportunities, while fast payouts and community engagement ensure a supportive trading environment.

Blueberry Funded is great if you want a scaling plan up to $2 million, low challenge fees from $40, and profit splits up to 90%. It also supports crypto trading, which some prop firms don’t.

Use promo code PROPFIRMS20 for 20% off your challenge fee, giving you an even lower-cost way to get started.

Blueberry Funded is the fifth best prop firm in India with a score of 93/100 during our extensive testing. It stands out for its low fees, stock and crypto access, and four evaluation models that suit beginners and advanced traders alike.

The firm is also backed by a regulated broker and offers scaling up to $2 million, helping Indian traders grow their funded accounts long-term.

Evaluation Process

Blueberry Funded offers four challenge types, each designed for a different style of trader:

• 1 Step Challenge: No time limit, 10% profit target, static drawdown (6%). Great for traders who want flexibility and fewer steps.
• 2 Step Challenge: 10% target in Phase 1, 5% in Phase 2, with 10% total drawdown. Ideal for those who want lower pressure per phase and higher leverage (up to 1:50).
• Rapid Challenge: 7-day challenge with a 5% profit target and a trailing drawdown. Designed for fast, confident traders.
• Stock Challenge: A 2-phase evaluation (10% + 6%) that gives access to over 1,000 US stocks. It includes a Consistency Rule and 1:10 leverage, making it suitable for equity-focused traders.

Fees start at just $32.50, and all challenge fees are refunded after your first payout. With this range, Blueberry is a strong choice whether you’re a day trader, crypto scalper, or stock swing trader.

Fees and Profit Payouts

Fees at Blueberry Funded start from $32.50 for the Stock Challenge, $35 for the 2 Step, and $40 for the 1 Step. Even the Rapid Challenge — which offers the fastest route to a funded account — starts from just $50.

Profit splits begin at 80%, with upgrades to 90% available for traders who withdraw consistently. This makes Blueberry competitive with other top-tier firms, especially considering its low barrier to entry.

Payouts are available every 14 days, with a minimum profit of $100 required. Payments are processed through RiseWorks, using crypto options like USDT and USDC. Challenge fees can be paid using crypto or credit card, though e-wallets like Neteller and Skrill aren’t currently supported.

Markets and Leverage

Blueberry Funded offers one of the broadest market selections of any prop firm, including both crypto and stocks:

• Forex: 45 pairs, leverage up to 1:50 (2 Step), or 1:30 (others)
• Stocks: 1,000+ US stocks via Stock Challenge only, 1:10 leverage
• Cryptocurrencies: 52 coins, 1:2 leverage, tradable 24/7
• Indices: 14 global indices, 1:10 leverage
• Commodities: 17 assets including gold, silver, oil, 1:10 leverage

You can trade crypto and commodities commission-free, and the AUD/USD and EUR/USD spreads are among the tightest in the industry.

Trading Platforms

Blueberry Funded supports four platforms, giving Indian traders the freedom to choose based on preference:

1. MetaTrader 4 (MT4): Simple UI, great for forex and EAs
2. MetaTrader 5 (MT5): Required for stock trading, includes more indicators
3. DXTrade: Browser-based with a flexible layout
4. TradeLocker: Fast and mobile-friendly, also supports stock trading

All challenge types are available on MT4, MT5, DXTrade, and TradeLocker — except the Stock Challenge, which is only available on MT5 and TradeLocker.

Trust and Support

Blueberry Funded is backed by Blueberry Markets, an ASIC-regulated broker, and is a founding member of The Prop Association, which promotes transparency in the industry.

It has a Trustpilot rating of 4.1 out of 5 stars and an established Discord community. Customer support is available 24/5 via live chat and email, though educational content is limited.

Final Verdict on Blueberry Funded

Blueberry Funded is the best prop firm in India for stock and crypto traders. You get access to 1,000+ shares, 52 cryptocurrencies, and four different challenge types starting from just $32.50. Its 14-day payout cycle, strong platform range, and backing by a regulated broker all make it a safe and practical choice.

It’s also one of the most affordable prop firms, and the only one in this list offering a dedicated Stock Challenge with strict but fair rules for equity trading.

Funded Prime offers a unique set of models you won’t usually see elsewhere. Beyond the standard one step and two step challenges, it runs a stock only evaluation and the first dedicated Meme Coin Challenge. Account sizes range from $5K to $200K, profit splits go from 80% to 90% with an add on, and all pricing is backed by the popular forex broker Eightcap, which gives you live market spreads.

You can also use the promo code PROPFIRMS25 for a 25% discount on challenge fees when you sign up.

Funded Prime scored 80/100 because it keeps its structure straightforward, but each challenge is built with a clear purpose. The one and two step models will suit you if you want a traditional evaluation process, while the stock and meme coin challenges focus on more specific niches.

Add-ons are available so you can customise your funded account to your liking, and payouts are quick and efficient.

Challenges and Fees

There are four really clear models you can choose from, with the key differences being number of steps, and market access. There’s two addons to tailor your funded account, which include weekly payouts and an increased profit payout of 90% up from the standard 80%.

• Meme Coin Challenge: Built for traders looking to trade meme tokens. Higher leverage at 10:1 makes it riskier but also more flexible for those focused on high volatility trading.
• One Step Challenge: A fast track evaluation with a simple structure, but a slower fortnightly payout once funded.
• Two Step Challenge: The more traditional model, split into two steps. Better if you prefer a structured, slower evaluation but you have the advantage of weekly payouts once funded.
• Stock Challenge: Tailored to equity traders so it does restrict you to shares only, but keeps the rules simple with a one step evaluation.

Spreads and Trading Costs

Funded Prime’s pricing is simple to follow – forex, indices, and commodities are charged $5 per lot when you open a trade with no fee when you close, while US stocks cost $2 per lot per side.

Other shares, crypto, and meme coins use a 0.1% volume fee, which is manageable on smaller trades but less attractive if you trade larger sizes.

Because everything is priced through Eightcap’s live feed, spreads match what you’d expect in real markets, making it one of the most competitive in terms of pricing.

Funded Accounts and Payouts

After you’re funded, withdrawals are straightforward but geared toward consistency. The default profit split is 80% for all accounts, with a paid upgrade to 90%. First payouts are after 14 days on one step, stock, and meme coin accounts, while two step accounts pay out after 7 days.

The minimum withdrawal is $100 and processing typically takes 1 to 2 days, but a daily cap limits how much of a payout can come from a single day’s profits to 30%, or 40% on meme coin accounts, so results need to be spread out rather than hit in one burst.

Trading Platforms and Markets

One of the major downsides of Funded Prime is the lack of MetaTrader platforms, but both DxTrade and TradeLocker are decent and will suit the majority of prop traders. Automated trading is available on both, but if you’ve chosen the stock or meme coin challenge you’ll be restricted to TradeLocker.

1. DXTrade: For one and two step challenges. Fast execution and EA support.
2. TradeLocker: Available on all models. More advanced charting, modern design, and algo trading support.

Financial markets include forex, indices, commodities, stocks, crypto, and meme coins.

Leverage is set at 1:50 for forex, 1:10 for indices and commodities, 1:5 for stocks, 1:1 for standard crypto, and 10:1 for meme coins.

Trust and Support

Funded Prime launched in 2023, so it’s still early days.

• Community: Building presence across Discord, X, TikTok, and Instagram
• Customer Support: Ticket system and FAQs only, no live chat yet

Final Verdict

Funded Prime is a top prop firm for Indian traders who want more choice in evaluations, especially if you’re interested in stock only trading or meme coin markets. The lack of MT4 and MT5 and limited crypto leverage are downsides, but it delivers fair rules, quick payouts, and Eightcap pricing.

ThinkCapital stands out for its low fees, flexible challenges, and profit splits of up to 90%. With account sizes ranging from $5K to $200K, it caters to traders at all levels. The choice between MT5 and ThinkTrader platforms ensures access to diverse tools and markets, while bi-weekly payouts and customisable add-ons like higher profit splits and weekly withdrawals make it a practical option for traders focused on growth and flexibility.

ThinkCapital is a broker-backed prop trading firm offering challenges with account sizes up to $200K and profit splits up to 90%. With MT5 and ThinkTrader platforms, it provides tools and markets for traders at all skill levels.

Evaluation Process

ThinkCapital offers three types of challenges, each designed to match different trading styles and skill levels:

1. Lightning Challenge: A one-step evaluation with a 10% profit target and 1:30 leverage, suited for traders seeking quick funding with simple rules.
2. Dual Step Challenge: A two-phase evaluation requiring 8% profit in Phase 1 and 5% in Phase 2. Leverage is 1:100, catering to intermediate traders aiming for growth and flexibility.
3. Nexus Challenge: A three-step process with a total profit target of 18%, designed for advanced traders focused on consistency and risk management.

All challenges allow customisation with add-ons like higher profit splits, news trading, and weekly payouts, ensuring a tailored experience.

Fees and Profit Payouts

ThinkCapital’s fees range from $39 to $949, depending on the account size and challenge type. All fees are one-time costs with no hidden charges.

Profit splits start at 80% and can increase to 90% through add-ons. Bi-weekly payouts are standard, with an option for weekly withdrawals for Dual Step and Nexus challenges. Payments are processed in cryptocurrency, with bank transfers expected to be available soon.

Markets and Leverage

ThinkCapital provides access to a wide range of trading instruments across key markets:

• Forex: 49 pairs, including majors, minors, and exotics, with leverage up to 1:100.
• Indices: Popular global indices like NAS100 and GER40, with leverage up to 1:15.
• Commodities: Gold, silver, and oil, with leverage up to 1:30 on ThinkTrader.
• Cryptocurrencies: BTCUSD, ETHUSD, and other major cryptos, with leverage capped at 1:2.

Leverage varies depending on the challenge and platform, allowing traders to choose options that fit their strategies.

Trading Platforms

ThinkCapital supports two advanced trading platforms tailored to different needs:

• MetaTrader 5 (MT5): Ideal for traders who prefer raw spreads, algorithmic trading, and advanced technical analysis tools. Expert Advisors (EAs) are available with an add-on.
• ThinkTrader + TradingView: Features user-friendly charting tools and real-time collaboration. Higher leverage is available for metals on this platform.

Trust and Support

ThinkCapital is known for its transparency and customer engagement.

• TrustPilot Score: 4.5/5 from 134 reviews, with praise for fast payouts, clear rules, and responsive support.
• Community: A Discord server with 9,000 members offers spaces for traders to share strategies and insights.
• Customer Support: Available via live chat, email, and a contact form, ensuring timely assistance.
• Educational Resources: A YouTube channel with over 100 videos, covering trading strategies, platform tutorials, and risk management.

Final Verdict on ThinkCapital

ThinkCapital’s affordable fees, tailored challenges, and flexible profit payouts make it a reliable choice for Indian traders. The combination of MT5 and ThinkTrader platforms provides strong tools for diverse trading strategies. Although payout methods are currently limited to cryptocurrency, the firm’s transparent processes and accessible resources ensure a solid trading experience.

FTMO is an excellent choice for Indian stock traders, offering a structured evaluation process, competitive profit splits starting at 80% (scaling up to 90%), and access to leading platforms like MT4, MT5, and cTrader. With options to trade global stocks and scale accounts up to $2 million, it provides both flexibility and growth opportunities for traders.

FTMO is one of the best prop trading firms for Indian traders interested in stock trading. With a structured evaluation process and flexible account options, it allows you to access significant capital and earn profit splits starting at 80%, scaling up to 90% for consistent performers.

Evaluation Process

FTMO’s evaluation process includes two main steps: the Challenge and Verification phases. Each phase tests your ability to trade profitably while adhering to defined risk management rules.

FTMO Challenge includes:

1. Standard Account: 10% profit target, 5% daily loss limit, 10% total drawdown.
2. Aggressive Account: 20% profit target, 10% daily loss limit, 20% total drawdown.
3. Swing Account: 10% profit target, 5% daily loss limit, reduced leverage (1:30).

Verification Phase includes:

1. Standard Account: 5% profit target, same risk parameters as Challenge.
2. Aggressive Account: 10% profit target, same risk parameters as Challenge.
3. Swing Account: Same profit target and rules as Standard, with flexibility to hold trades over weekends and news events.

Both phases have minimum trading day requirements and allow scaling of accounts up to $2 million.

Fees and Profit Payouts

FTMO charges one-time fees for its challenges, which vary based on account size. For example, fees range from €155 for a $10,000 account to €1,080 for a $200,000 account. These fees are refundable upon passing the evaluation.

Traders start with an 80% profit split, which can increase to 90% through consistent performance. FTMO offers flexible payout options, including bi-weekly payouts and no withdrawal fees.

Markets and Leverage

FTMO provides access to multiple asset classes with varying leverage levels:

• Forex: 28 major pairs, 14 minors, and exotic options (1:100 leverage).
• Stocks: Major global equities like Apple, Amazon, and Tesla (1:10 leverage).
• Indices: 14 global indices such as NASDAQ and FTSE (1:50 leverage).
• Commodities: Gold, silver, and crude oil (1:50 leverage).
• Cryptocurrencies: Popular options like Bitcoin and Ethereum (1:3.3 leverage).

The Swing account offers reduced leverage of up to 1:30 for forex and indices, ideal for long-term traders.

Trading Platforms

FTMO supports four major trading platforms, catering to different trading needs:

• MetaTrader 4 (MT4): Offers a user-friendly interface and automated trading with Expert Advisors (EAs).
• MetaTrader 5 (MT5): Features advanced order types and tools for multi-asset trading.
• cTrader: Designed for sophisticated strategies with Depth of Market (DOM) and ECN/STP execution.
• DXtrade: A web-based platform with advanced charting tools and customization options.

These platforms are accessible via desktop, web, and mobile devices, ensuring flexibility for traders.

Trust and Support

FTMO has a strong reputation in the trading community, backed by positive reviews and reliable customer support:

• TrustPilot Score: 4.9/5 from over 5,000 reviews, highlighting fast payouts and clear rules.
• Community: Active on social media platforms with over 200,000 followers on Instagram and a thriving YouTube channel.
• Customer Support: Available 24/7 via live chat, phone, and email in multiple languages.
• Educational Resources: Comprehensive content, including a Trading Academy and performance tools like the Mentor App and Equity Simulator.

Final Verdict on FTMO

FTMO’s combination of a structured evaluation process, excellent profit-sharing model, and diverse trading platforms makes it one of the best prop firms for Indian traders focusing on stocks. With options to scale accounts up to $2 million and a solid trust score, FTMO is a top choice for both experienced and disciplined traders.

OANDA Prop Trader is a solid choice for Indian traders due to its affordable challenge fees, refund policy, and trusted MT5 platform. The two-phase evaluation process caters to different skill levels, while profit splits of up to 90% reward consistent traders.

OANDA Prop Trader is a trusted option for Indian traders, offering funded accounts ranging from $5,000 to $500,000. The program includes two evaluation challenges designed for traders at all experience levels, with profit splits starting at 80% and scaling to 90%. Using the advanced MetaTrader 5 (MT5) platform, traders gain access to forex, indices, and commodities markets, supported by competitive leverage and a fee refund upon the first payout.

Evaluation Process

OANDA Prop Trader offers two main evaluation challenges, testing traders on profitability and risk management:

1. Classic Challenge: A two-phase evaluation with trailing drawdowns and a steady 80% profit split, ideal for beginners and intermediate traders.
2. Boost Challenge: A two-phase evaluation offering static drawdowns and higher profit splits up to 90%, tailored for experienced traders seeking larger payouts.

Each challenge refunds the entry fee upon the first profit withdrawal and provides retry discounts for those reattempting the evaluation.

Fees and Profit Payouts

Challenge fees start at $35 for the Classic Challenge and $99 for the Boost Challenge, depending on the account size, with options up to $2,400 for $500,000 accounts. Both challenges refund the fee after the first profit withdrawal.

Profit splits begin at 80%, scaling up to 90% for Boost accounts. Payouts are processed every 14 days, though the minimum withdrawal requirement of $200 may be a limitation for traders seeking smaller payouts.

Markets and Leverage

OANDA provides access to three asset classes with competitive leverage of up to 100:1 for forex, 50:1 for indices and commodities. While the range is narrower than some competitors, it is sufficient for traders focused on major instruments:

• Forex: 36 pairs, including majors, minors, and some exotic options.
• Indices: 15 global indices, offering exposure to key markets like US30 and DE40.
• Commodities: Includes gold, silver, and crude oil, suitable for traders targeting global market trends.

Trading Platforms

OANDA uses MetaTrader 5 (MT5) as its sole trading platform, delivering advanced functionality for both manual and automated strategies:

• Depth of Market (DOM) and multi-currency strategy testing.
• Automated trading via Expert Advisors (EAs).
• Comprehensive charting tools and built-in economic calendar.

Although MT5 offers significant flexibility, the absence of MT4 or other platforms may deter traders accustomed to alternative tools.

Trust and Support

OANDA Prop Trader benefits from the long-standing reputation of its parent company, although it operates separately from OANDA’s regulated services:

• TrustPilot Score: Rated 4.1/5 based on 844 reviews, with most positive feedback reflecting the broader OANDA brand.
• Community: Active social media presence but limited engagement among prop traders.
• Education: Comprehensive resources via OANDA Labs, focusing on tools like the Order Book and Currency Strength Indicator.
• Customer Support: Available via email and live chat, though chat availability can be inconsistent.

Final Verdict on OANDA Prop Trader

OANDA Prop Trader combines affordability, a straightforward evaluation process, and the trusted MT5 platform to deliver a solid experience for Indian traders. While the lack of cryptocurrencies and fewer platform options may limit its appeal to some, its competitive profit splits and fee refund policy make it a reliable choice for those focused on forex and commodities.

The Funded Trader is a good choice for Indian traders seeking flexibility and high profit splits. With scaling options up to $5 million and challenges catering to different experience levels, it offers customisation to match trading styles. While support and fee transparency could improve, its unique challenge types and add-ons make it a suitable option for traders aiming to maximise payouts and grow account sizes.

The Funded Trader offers a range of evaluation challenges and account sizes up to $200,000, with scaling opportunities reaching $5 million. Indian traders can benefit from profit splits of up to 95%, flexible add-ons, and a variety of trading platforms. However, high commission fees and inconsistent support might limit its appeal for those prioritising affordability and reliability.

Evaluation Process

The Funded Trader provides multiple evaluation types tailored to different trading styles:

1. One-Phase Challenge: Designed for simplicity, traders need to meet a 10% profit target while adhering to daily and maximum drawdown limits of 3% and 6%.
2. Two-Phase Challenge: Traders must achieve an 8% profit target in Phase 1 and 5% in Phase 2, with daily drawdowns capped at 5% and maximum drawdowns at 10%.
3. Three-Phase Challenge: A rigorous evaluation process for experienced traders, requiring profit targets of 8% in Phase 1, 5% in Phase 2, and 4% in Phase 3.
4. Instant Funding: Offers immediate access to capital without evaluation, with higher fees compared to other challenges.

Fees and Profit Payouts

Challenge fees range from $49 for a $5,000 account to $1,890 for a $200,000 account. Additional costs apply for optional add-ons like increased drawdowns or expedited payouts.

Profit splits start at 75% and can reach 95% depending on the challenge and add-ons. Payout frequencies range from 7 to 30 days, with faster payout options available through add-ons.

Markets and Leverage

The Funded Trader offers over 50 trading instruments, with leverage tailored to different challenges:

• Forex: Includes 30+ pairs with leverage up to 1:200 during challenges and 1:100 for funded accounts.
• Indices: Popular indices like NASDAQ and S&P 500 with leverage capped at 1:20.
• Commodities: Gold, silver, and crude oil with leverage of 1:30.
• Cryptocurrencies: Limited pairs such as BTC/USD and ETH/USD, with leverage restricted to 1:2 during challenges and 1:1 in funded accounts.

Trading Platforms

The Funded Trader supports four trading platforms:

• MetaTrader 5 (MT5): Advanced charting and trading tools for all levels.
• cTrader: Offers in-depth analysis and multi-timeframe support.
• Match-Trader: A user-friendly option for traders seeking simplicity.
• DXtrade: Available for U.S. traders, though stability issues have been reported.

Trust and Support

The Funded Trader’s trust and support systems are a mix of strengths and weaknesses. While the firm has an active community and some educational content, delayed customer support and mixed reviews on TrustPilot indicate room for improvement.

• TrustPilot Score: Rated 3.3/5, with frequent complaints about payout delays and rule inconsistencies.
• Community: Active Discord server with over 107,000 members, though only a small percentage are funded traders.
• Education: Limited to a YouTube channel with basic trading content and webinars.
• Customer Support: Responses often delayed, with no 24/7 availability.

Final Verdict on The Funded Trader

The Funded Trader appeals to traders looking for customisable challenges and high profit splits. However, high fees, lack of transparency on spreads, and inconsistent customer support make it less attractive compared to more streamlined and transparent prop firms. It’s best suited for experienced traders seeking a variety of funding options and scaling potential.