Best prop trading firms
Curated picks with key rules at a glance. Find reputable prop firms faster.
How we choose featured firms
- Profit split and fees (including refundability)
- Max funding and evaluation type
- Rule clarity and fairness (drawdown, news, consistency)
- Platform coverage and payout cadence
- Reputation signals and policy stability
Independent curation. Affiliate links do not influence selection or order.
New to prop firms?
If you are just starting out, our guides explain what prop trading firms are, how evaluations work, and how to approach challenges with realistic risk.
FAQs
Are fees refundable?
Many firms refund the evaluation fee after your first payout, but terms vary. Always check the firm's rulebook.
Direct funding vs evaluation?
Direct funding skips the multi-phase challenge but often has stricter rules or lower max funding. Evaluation models require meeting profit targets with drawdown limits.
What rules matter most?
Daily loss limit, maximum drawdown, news/event restrictions, minimum trading days, and consistency rules can all impact your strategy.
How often are payouts and which methods are supported?
Payout schedules vary (weekly, bi-weekly, or monthly). Methods can include bank transfer, crypto, or payment processors. Confirm specifics on the firm's site.
What is daily drawdown vs max drawdown?
Daily drawdown limits loss within a day; max drawdown limits total account loss. Some firms use trailing drawdown that scales with equity, others use static.
Can I use EAs/algos or copy trading?
Policies differ. Many allow EAs with restrictions (latency arbitrage, martingale, or tick manipulation are often banned). Always review the rulebook.
Which platforms are supported?
Most support MetaTrader (MT4/MT5), cTrader, or TradingView. Availability can vary by account type and broker.
What are scaling plans?
Some firms increase your max funding after consistent performance or payout milestones. Criteria and pace vary by firm; review the scaling policy details.
Are there minimum trading days or time limits?
Evaluations may require a minimum number of trading days and a time window to meet targets. Plan your strategy to avoid rushing near deadlines.
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