Which is the most trusted prop firm?

Best Prop Trading Firms 2024 - Reviewed by Experts FTMO. E8. City Traders Imperium. Fidelcrest. LuxTradingFirm. FundedNext. The Funded Trader. Audacity Capital. More items... Feb 2, 2024

What is the best prop firm for 2024?

#1 – Funder Trading Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

How much does the average prop firm trader make?

In conclusion, the income of prop firm traders can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year , while a senior trader can make upwards of $500,000 annually.

What is the success rate of prop traders?

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges . But only 1% of traders kept their funded accounts for a reasonable amount of time.

What prop firm has the fastest payout?

Funding Traders offers some of the fastest, most flexible payout terms in the industry. As a funded trader yourself, this industry-leading prop firm empowers you to maximize profits and get paid faster.

Which prop firm has the lowest spread?

** SMB Capital **: Specializing in equities trading, SMB Capital is known for its low trading costs and competitive spreads. 5. **Candlestick Trading Forum (CTF)**: CTF is a prop firm that focuses on Forex trading and is reputed for offering tight spreads.

Do prop firms really pay out?

Yes, reputable proprietary trading firms do indeed pay traders for their profits . While there are scams out there, it's essential to differentiate them from legitimate firms.

Which prop firm has no daily drawdown?

One of the most important rules is the drawdown limit (the maximum percentage of your account balance that you can lose). I know RebelsFunding's Diamond program has no daily drawdown, which is great news for traders and a rare offer in the industry. However, not all programs have a 0% daily drawdown.

Which prop firm is best for scalping?

FTMO is considered one of the best Forex prop firms for traders due to its unique evaluation process, high capital allocation, and comprehensive support resources. Other top Forex prop firms for scalpers include City Traders Imperium (CTI), SurgeTrader, FundedNext, and My Forex Funds .

What is the best prop firm for Americans?

Best US Prop Firms SurgeTrader – Best For Managing Big Capital Without Scaling. My Funded FX – Best for Diverse Traders. TradeDay – TradeDay is Best For Learning from Experts. TopStep – Best For Trading Futures. Earn2Trade – Best for Guided Futures Learning Paths.

Are prop firms trustworthy?

Proprietary trading firms, known as prop firms, can vary in legitimacy . Reputable prop firms do exist and compensate traders for successful trading. However, caution is advisable as some untrustworthy entities might operate as scams.

Is FTMO the best prop firm?

FTMO Investment Options One of the main reasons why FTMO is a good prop firm is their investment options. They offer traders the opportunity to trade with their own capital, as well as access to additional capital from FTMO.

Why is FTMO banned in US?

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

Find the Best: List of Top Prop Trading Firms at PropFirmMatch Based on Trustpilot Ratings [100K Accounts Only] (2024)

When it comes to choosing a proprietary trading firm, traders are flooded with choices, each with different features and opportunities. However, Trustpilot ratings have emerged as a crucial barometer for separating the best from the rest. With an emphasis on those offering 100K accounts with a 2-step evaluation, our list at PropFirmMatch is derived from an analysis of Trustpilot ratings, ensuring that only the most reputable proprietary firms with well-regarded customer service are recommended. We aim to equip traders with the information necessary to make informed decisions in selecting a prop firm that aligns with their trading strategy and goals. So, let's discover our list of top prop trading firms, as rated by the traders themselves, at Prop Firm Match.

List of Top Prop Trading Firms As Rated By The Traders

Funded Trading Plus [Rating: 4.9]

Leading the pack with a Trustpilot rating of 4.9 is Funded Trading Plus, a proprietary trading firm based in the United Kingdom. It has made its mark in the industry within a span of just two years, and the ratings indicate a high level of customer satisfaction. Funded Trading Plus partners with the well-known broker EightCap, providing its clients with access to advanced trading platforms, notably MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for their user-friendly interfaces and analytical tools. The 100K 2-step account plan offered by Funded Trading Plus entitles traders to retain 85% of their profits. Additionally, the firm's pay-out plan ensures that traders can access their earnings typically within a 7-day period. The firm also offers an initial maximum allocation of 400K without scaling, presenting significant capital for trading ventures. Additionally, Funded Trading Plus supports a diverse range of trading instruments including Forex, Indices, Commodities, and Cryptocurrency, catering to various trading preferences.

Blue Guardian [Rating: 4.8]

Blue Guardian, with a Trustpilot rating of 4.8, is another proprietary trading firm that has emerged in the trading industry over a two-year tenure. The firm was established in the United Arab Emirates, and primarily operates through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, widely recognized for their advanced features, catering to both new and professional traders. Blue Guardian collaborates with brokers, including EightCap and Purple Trading Seychelles, to provide a secure trading experience. Their 100K 2-step account plan allows traders to benefit from keeping 85% of their profits, and the company’s pay-out plan is structured to ensure traders receive their earnings in a 14-day period. Blue Guardian also offers a maximum allocation of 800K without scaling. The firm’s diverse trading instruments includes Forex, FX Exotics, Indices, Gold, Commodities, and Cryptocurrency, catering to a wide range of trading interests. Overall, Blue Guardian provides a combination of renowned platform options and diverse instruments that may cater to several trading strategies.

UWM [Rating: 4.8]

UWM, also rated at 4.8 on Trustpilot, was established in the United Arab Emirates and has been a notable presence in the trading industry for two years. Operating on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, UWM ensures its clients have access to some of the most advanced trading tools and functionalities available. UWM's 100K 2-step evaluation account plan provides traders with an 85% share of their profits, and the firm’s pay-out plan allows traders to receive their earnings within a 14-day timeframe. The firm partners with EightCap as its broker, offering a maximum allocation of up to 600K for traders. UWM provides its traders with the ability to trade in various instruments, including Forex, Indices, Metals and Cryptocurrency. This wide range of instruments ensures that traders have the flexibility to diversify their portfolios and take advantage of different market conditions.

The 5%ers [Rating: 4.8]

The 5%ers, with a Trustpilot rating of 4.8, are well-regarded in the prop trading industry, and have been operating out of Israel for seven years. Their rating and duration in business showcases their stability in the industry. They offer trading opportunities on the MetaTrader 5 (MT5) platform and directly trade with commercial liquidity providers instead of common retail broker brands. Their 100K 2-step account plan allows traders to retain 80% of the profits they earn upon achieving the plan’s profit target. The pay-out plan is structured to ensure that traders receive their earnings within a 14-day timeframe. The5%ers offers a maximum allocation of 400K available to traders without the need for scaling. Additionally, the firm provides access to a range of trading instruments, including Forex, Metals, Indices, Crypto, and Commodities. This varied options enables traders to diversify their portfolios and engage in multiple trading strategies.

Funding Pips [Rating: 4.8]

Funding Pips, matching the 4.8 Trustpilot rating, rounds off our list of top proprietary trading firms. The firm is based in the United Arab Emirates and with one year of operation, has quickly established itself in the trading sector, as evidenced by its Trustpilot rating. The company operates exclusively on the MetaTrader 5 (MT5) platform, and partners with Black Bull Markets as its broker, enhancing the range of its trading services. Their 100K 2-step account plan includes a profit-split arrangement where traders keep 80% of their profits, and an efficient pay-out plan is implemented, where traders can access their earnings within a 5-day period, one of the fastest in the industry. Funding Pips provides a maximum capital allocation of 300K without the need for scaling. The range of instruments available at Funding Pips is diverse, including Forex, Crypto, Indices, Metals, and Energies. This variety allows traders to engage in multiple markets, offering flexibility and the opportunity to diversify.

Summary

In conclusion, our list of the top proprietary trading firms for 100K accounts, anchored on Trustpilot ratings, provides a valuable guide for traders in search of a firm that aligns with their trading needs. Funded Trading Plus stands out with the highest rating of 4.9, affirming its exceptional customer satisfaction. Following closely are Blue Guardian, UWM, The 5%ers, and Funding Pips, each with a 4.8 rating, offering competitive profit shares, and access to a spectrum of trading instruments. However, it is crucial to note that Trustpilot ratings are subject to change, hence, the rankings provided here reflect the most recent evaluations and are intended to be regularly updated for accuracy. Selecting the right prop trading company is a pivotal decision that should be aligned with your individual style and goals, with Trustpilot ratings serving as a guide in this decision-making process.