6 Best Funded Trader Programs and Accounts (2024) (2024)

Funded trading provides traders with the opportunity to earn profits using other firms’ capital, without risking their own accounts. By participating in these programs, traders can leverage a prop firm’s money and generate income without being responsible for any losses. However, it’s important to abide by their set rules and regulations.

Limiting risk is a major advantage of a funded trader account. You must also pay a monthly fee to access the platform and real-time data. You must first be tested in some way to get a funded forex account. To prove your ability as a forex-sponsored trader; you must go through an evaluation process according to the rules set by the prop firm.

You will be granted access to a prop firm’s funded account once you prove that you possess the skills to succeed in an evaluation.

We have picked the Best Funded Trading firms based on factors including trading rules, initial funding, evaluation period, etc.

Read more…

  • Best Funding Trader Platforms
  • Top 6 Funded Trader Programs
  • FAQs
  • Verdict

Best Funding Trader Platforms

#1 Best Overall

6 Best Funded Trader Programs and Accounts (2024) (1)

6 Best Funded Trader Programs and Accounts (2024) (2)6 Best Funded Trader Programs and Accounts (2024) (3)6 Best Funded Trader Programs and Accounts (2024) (4)
NameFunded Trading PlusTopStepTraderFTMOFTUK
Audition Period:None30 days4 daysNone
Profit Share:Up to 90%100% on the first $5,000 and then 90%Up to 90%Up to 80%
Markets:Forex, Indices, Metals, Commodities, CryptosE-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Indices.Forex, commodities, Indices, Crypto, Stocks, Bonds.Forex, Indices, Metals, and Commodities.
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1) Funded Trading Plus

Best Overall Prop Firm & Most Trusted

Funded Trading Plus is a globally well-known trading firm. This platform offers refund fees on the Experienced Trader and Advanced Trader Programs. To receive fee refunds, the trader must reach 10% profit on their live account.

Its payout methods include cryptocurrencies and deals. When trading with Funded Trading Plus, you can get up to 90% profit. It also allows copy trading one of your own accounts across to one of theirs.

#1 Top Pick

6 Best Funded Trader Programs and Accounts (2024) (5)

Funded Trading Plus

  • Location: London, United Kingdom
  • What they do: Offers one-stage funding, instant funding, and a classic two-stage funded account.
  • Initial Balance: $12,500
  • Refundable Registration Fee: Yes
  • Profit-sharing: Up to 90%

Visit Funded Trading Plus

Features:

  • Trading days: It provides unlimited maximum simulated trading days. You also face no time limits or any other restrictions, and it offers multiple options for traders.
  • Scalability: It offers one of the easiest scaling plans in the trading industry. Funded Trading Plus can double the account size for every 10% profit instantly.
  • Payouts: You get instant payouts with FT+. It is the best way to get 90% payout split.
  • Profit: Its simulated profit split for FT+ Trader is 80/20 and 90/10 for 20%. The profit target required for phase 1 is 10%. Additionally, its simulated leverage target is 30:1.
  • Trading options: Some of its trading options include Forex, Cryptos, Indices, Metals, Commodities, and many more.

Pros

  • It allows overnight trading and holding.
  • FT+ has highly responsive customer support.
  • It offers four different funding programs.

Cons

  • It has a high commission cost on Forex pairs.
  • One of its cons, as per our review, is its trailing drawdown.

Key Specs:

Profit Share: Up to 90%
Trading Options: Forex, Indices, Metals, Commodities, Cryptos
Payout Methods: Deel and Cryptocurrency for withdrawals.
Fee Refunds: They refund fees on the Experienced Trader and Advanced Trader Programs once traders reach 10% profit on their live account upon request
Copy Trading: Copy trading one of your own accounts across to one of their FT+ accounts is allowed

Visit Funded Trading Plus

Profit Share Up to 90%

2) TopStepTrader

Best Funded trading firm for Forex & Futures traders

TopStepTrader is one of the best-funded trading firms for day traders to operate with real accounts and assess their profit/loss performance. It helps traders improve their skills, habits, and discipline as they undergo evaluations to be funded. This funded trading firm has funded thousands of traders across the globe, paying out millions in withdrawals. They have been on the Inc. 5000 list of America’s fastest-growing private companies.

The firm is situated in Chicago and helps you achieve the Trading Combine objectives to unlock the funded account. You can easily reach all the payout milestones and earn exclusive gifts on Topstep.

#2

6 Best Funded Trader Programs and Accounts (2024) (6)

TopStepTrader

  • Location: Chicago
  • What they do: Provide prospective day traders with a simulated account.
  • Initial Balance: 200k buying power for $125 monthly.
  • Refundable Registration Fee: No
  • Profit-sharing: Up to 50%

Visit TopStepTrader

Features:

  • You can keep 100% profit off your first $5000 and 90% of everything you make after that.
  • Your orders are real and get sent to the CME group.
  • You will get your last month refunded after earning your first payout.
  • You have the option to work with TSTrader, NinjaTrader, and TradingView, amongst others.
  • Earning potential starts after eight traded days.
  • You can keep 100% profit off your first $5000 and 90% of everything you make after that.
  • Provides buying power of up to $500,000. Option to request more buying power or a larger Loss Limit
  • You can learn from expert traders every Monday-Friday.

Pros

  • Choose 1:1 coaching, group coaching, or both!
  • Personalized stats and tips are provided to improve performance.
  • It helps you to understand your performance and helps you to grow.
  • You can connect with expert traders via call, chat, WhatsApp, or email.

Cons

  • The company doesn’t provide bonuses, automated trading, or other passive income options.
  • Their support service works only on weekdays during set hours.

Key Specs:

Profit Share: 100% on the first $5,000 and then 90.
Instant funding: Initial Balance of 200k buying power for $125 monthly.
Trading Options: E-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Indices.
Pay Out Methods: Debit Card, Deel, Instant Card Transfer, Local e-wallets, Local Bank Transfer, Bank Transfers via SWIFT (bank transfers to Russia via SWIFT take about 10 days).

Visit TopStepTrader

Profit Share Up to 50%

3) FTMO

Best secure funded trading platform

FTMO.com started as a small trading platform in 2014, created by a group of young day traders who had a shared passion for trading and wanted to create a trading platform for new traders

All the members leading the company use diversified trading techniques; However, they all have to work on a common moto, growing professionalism and discipline.

It led to the establishment of this company, as traders needed discipline, capital, and most importantly speculations about the price fluctuations of financial instruments.

With FTMO, the traders were allowed to secure more funds, and in May 2017, they launched an international version of the project called FTMO.com.

FTMO developed a unique 2-step evaluation process for traders to qualify. Their evaluation process consists of the FTMO Challenge and the Verification and is specifically designed to discover trading talents.

#3

6 Best Funded Trader Programs and Accounts (2024) (7)

FTMO

  • Location: Czech Republic
  • What they do: FTMO prop trading firm offers a variety of trading instruments, including forex.
  • Initial Balance: 25k balance for $250, 50k balance for $345
  • Refundable Registration Fee: Yes
  • Profit-sharing: Up to 90%

Visit FTMO

Features:

  • They offer the best trading solution in the form of MetaTrader 4, MetaTrader 5, or cTrader platforms.
  • Provide a wide choice of an asset across the board.
  • It enables you to use professional traders’ leverage with no imposed limits.
  • No recurrent charges, membership fees, or hidden fees.
  • You will get the free trial option.
  • You have complete freedom for trading style.
  • It allows you to pick the FTMO account which perfectly suits your trading style and needs.
  • Offers different apps for traders.
  • Provide performance coaches who will guide you to understand the problems.
  • They offer customer support via email, phone, or live chat.
  • For beginner traders, they provide platforms and trading basics.

Pros

  • In the FTMO challenge or verification, you don’t need to close your positions.
  • You can trade your trading strategy with no limits or restrictions
  • It allows news event trading and holding positions overnight.
  • Offers a wide range of choices of assets across the board, with very low commissions.

Cons

  • You must pass the FTMO challenge for 10 trading days. This could be difficult.

Key Specs:

Profit Share: The default playout ratio is 80%. For the scaling plan, you will get 90%.
Instant funding: 25k balance for $250, 50k balance for $345
Trading options: Forex, commodities, Indices, Crypto, Stocks, Bonds.
Pay Out Methods: Bank wire transfer, debit/credit card, Google Pay, Skrill.

Visit FTMO >>

Profit Share Up to 90%

4) FTUK

Best for No Minimum Trading Day Rules

FTUK is a funded trading firm that offers both instant funding and evaluation programs for traders.

If you are searching for a reliable funding trader program, your hunt is over! It is designed for fast, and profitable scaling for traders. Moreover, when you increase your capital, they double your monetary funding every time you hit a milestone.

It is one of the best forex funding programs that helps you to improve your trading skills with valuable advice from supportive seniors and training courses, which expand your knowledge and elevate the chances to succeed. To get started and be part of FTUK trader community, you need to secure your funding program with one-time signup free!

#5

6 Best Funded Trader Programs and Accounts (2024) (8)

FTUK

  • Location: London, UK.
  • What they do: Forex + Indices + Commodities + Metals
  • Initial Balance: $14,000
  • Refundable Registration Fee: No
  • Profit-sharing: Up to 80%

Visit FTUK

Features:

  • They provide mentors and coaches to assist you with your trading.
  • Trade support specialists are always there for you via email 24 hours a day.
  • Trades with exceptional performance can scale their funded trader account up to $2,880,000.
  • They allow trading strategies like scalping, day trading, swing trading, and news trading.
  • It offers leverage up to 1:50 for the low-risk program and up to 1:100 for the aggressive program.
  • Offers the best rapid scaling program in Industry.
  • Withdraw anytime from level 2.

Pros

  • Instant funding option available
  • Zero commission or swap fees
  • It allows weekend and overnight positions
  • Automated system to monitor funded trading accounts and their trades.

Cons

  • Required to start on a demo account
  • Low leverage options of 10:1 & 30:1

Key Specs:

Profit Share: Up to 80% for 10% target
Instant funding: $14,000
Trading Options: Forex, Commodities, and Indices.
Payout Methods: Bank transfer, Debit Card, Coinbase, Paypal, Payoneer, Revolt, and Wise.

Visit FTUK >>

Profit Share Up to 80%

5) OneUp Trader

Best Professional Funding Trader Program Firm

OneUp Trader is one of the best funded trader program firms in the United States. It has helped numerous funded traders worldwide to earn higher profits on their trading skills.

#6

6 Best Funded Trader Programs and Accounts (2024) (9)

OneUp Trader

  • Location: Delaware
  • What they do: Offers 1-Step Evaluation with clear and attainable targets
  • Initial Balance: $25,000 upto $250,000
  • Refundable Registration Fee: No
  • Profit-sharing: 90%

Visit OneUp Trader

Features:

  • 1-Step Evaluation with clear and attainable targets
  • You will get the free trial option.
  • Flawless and reliable 24/7 Customer Service via Phone, Live Chat and Email.
  • No recurrent charges, membership fees, or hidden fees.
  • There is minimum of 15 total trading days to be eligible for placement with our funding partners.
  • You can withdraw your profits with few simple clicks.

Pros

  • No data fees or hidden fees
  • 24/7 Customer Support (Phone, Live Chat, Email)
  • FREE and unlimited profit withdrawals from day 1
  • No Daily Drawdown

Cons

  • The firm requires traders to put a stop-loss on each trade.
  • During OneUp Trader audition, in the event of a hard breach account access will be revoked.

Key Specs:

Profit Share: Up to 90%.
Location: Delaware
Initial Balance: $25,000 upto $250,000
What they do: Offers 1-Step Evaluation with clear and attainable targets
Refundable Registration Fee: No
Payout Methods: Bank wire transfer, debit/credit card, Cryptocurrency

Visit OneUp Trader

Profit Share Up to 90%

6) FX2 Funding

FX2 Funding is the best funded trader program that places TRADERS FIRST. Based in the United States, they offer traders the simplest, most straightforward evaluation in the market. Every decision made in the company is designed to align with traders’ interests.

#7

6 Best Funded Trader Programs and Accounts (2024) (10)

FX2 Funding

  • Location: USA
  • What they do: You can trade Forex, Commodities, Indices, Crypto
  • Initial Balance: $10,000 - $1,000,000
  • Refundable Registration Fee: Yes
  • Profit-sharing: Up to 85%

Visit FX2 Funding

Features:

  • 1-stage evaluation with No time limit evaluation
  • No stop-loss requirements
  • Weekend positions allowed
  • Proven track record of profitable traders
  • Access to proprietary trading software
  • Access to a global trading community
  • Safe and secure account management

Pros

  • No Timeline evaluation
  • Actual funded accounts with live market placement
  • 1-stage evaluation

Cons

  • No CFDs
  • Temporary trailing drawdown

Key Specs:

Profit Share: Up to 85%
Location: USA
Initial Balance: $10,000 – $1,000,000
What they do: You can trade Forex, Commodities, Indices, Crypto
Refundable Registration Fee: Yes
Payout Methods: Credit Card, Bitcoin and Other Cryptocurrencies

Visit FX2 Funding

Profit Share Up to 85%

7) Goat Funded Trader

Best VIRTUAL Profit Target In The Market

Goat Funded Trader is a worldwide operating prop trading founded in 2023. It is a funded trading firm that offers both instant funding and evaluation programs for traders. Goat Funded Trader maximum leverage for all accounts is 1:50, and it provides up to 95% profit split.

#8

6 Best Funded Trader Programs and Accounts (2024) (11)

Goat Funded Trader

Location: Hong Kong

What they do: This prop trading firm offer trading objectives to help you prove your discipline as a trader

Initial Balance: $5k to $200k

Refundable Registration Fee: Yes

Profit-sharing: Up to 95%

Visit Goat Funded Trader

Features:

  • Quick processing of profits into your account.
  • You can have a maximum Loss of 8% to 10%.
  • It offers leverage up to 1:100.
  • There is no minimal trading day requirement or time pressure.
  • It offers fidelity program to their valued customers.
  • You can withdraw your profits with few simple clicks.

Pros

  • It allows allows news-based trading.
  • Trade on Holidays
  • Clear & Simple Trading Rules

Cons

  • Evaluation process can be challenging for someone.

Key Specs:

Profit Share: Up to 95%
Account Size: From 5k to 200k
Location: Hong Kong
Trading Options: Forex, Metals, Indices & Stocks
Payout Methods: Credit Card, Debit Card & Crypto.

Visit Goat Funded Trader

Profit Share Up to 95%

8) Apex Trader Funding

Best Professional Funding Trader Program Firm

Apex Trader Funding is the leading futures funding evaluation firm in the world. It has helped numerous funded traders worldwide to earn higher profits on their trading skills.

#8

6 Best Funded Trader Programs and Accounts (2024) (12)

Apex Trader Funding

  • Location: Texas
  • What they do: Offers 1-Step Evaluation with clear and attainable targets
  • Initial Balance: $25,000
  • Refundable Registration Fee: No
  • Profit-sharing: 90%

Visit Apex Trader Funding

Features:

  • Trade Full-Sized Contracts in Evaluations or Funded Accounts
  • Real-Time Data Included
  • No Total Cap on Maximum Payout
  • One-Step Evaluation Process
  • Trade With Multiple Accounts up to 20 max

Pros

  • Trade on Holidays
  • 24/7 Customer Support (Phone, Live Chat, Email)
  • No Daily Drawdown

Cons

  • There are limited trading hours

Key Specs:

Profit Share: Up to 90%.
Initial Balance: $25,000
What they do: Offers 1-Step Evaluation with clear and attainable targets
Payout Methods: Bank wire transfer, debit/credit card, ACH

Visit Apex Trader Funding

Profit Share Up to 90%

How to Choose a Funded Trading Program?

Here are some crucial aspects to consider while selecting a funded trader program:

  • Overall Experience: To experience the process, it’s a good idea to sign up and go through the whole process, from free trial to partner withdrawal.
  • Assess value: It’s important to look for leaders in their funded program niche. You should consider programs that offer unique features at a superior price point.
  • You can examine funded program features: Check out the features, drawdown types, parameters, and qualification requirements of a funded trader account.
  • Live trading or funded firm: They should provide detailed explanations of program fees, trading parameters, withdrawal conditions, withdrawal speeds, and withdrawal limits.

FAQ:

The funded traders are proficient traders who can potentially make consistent profits. When you become one, there is an agreement on the profit distribution between the proprietary firm and the trader.

Funded trading offers enough capital and purchasing power to traders and let them make money while leveraging prop firm’s money. It generates higher income for the funding firm and the individual trader. The companies retain highly skilled traders in the investment funding firm’s interest, allowing them to grab a reasonable share of profits.

Forex traders who manage a fully funded trading account receive monthly payments based on their trading performance. The amount of money you can make with a funded trading platform depends on various factors, including your trading performance, strategies, and success ratio. It also depends on the type of funding trading program you choose. If you’re interested in exploring alternative financial tools to enhance your trading experience, you may consider utilizing a virtual debit/credit card.

Best Funding Trader Platforms

#1 Best Overall

6 Best Funded Trader Programs and Accounts (2024) (13)

6 Best Funded Trader Programs and Accounts (2024) (14)6 Best Funded Trader Programs and Accounts (2024) (15)6 Best Funded Trader Programs and Accounts (2024) (16)
NameFunded Trading PlusTopStepTraderFTMOFTUK
Audition Period:None30 days4 daysNone
Profit Share:Up to 90%100% on the first $5,000 and then 90%Up to 90%Up to 80%
Markets:Forex, Indices, Metals, Commodities, CryptosE-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Indices.Forex, commodities, Indices, Crypto, Stocks, Bonds.Forex, Indices, Metals, and Commodities.
LinkLearn MoreLearn MoreLearn MoreLearn More

Verdict:

Program quality varies from company to company. If you choose the right company to work with, funded trading programs can be very lucrative. However, it is a new business model for this industry.

There for, it is imperative to opt for trustworthy prop trading firms like OneUp Trader or Goat Funded Trader.

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6 Best Funded Trader Programs and Accounts (2024) (2024)

FAQs

What is the best funded trader program? ›

Best Funding Trader Platforms
#1 Best Overall
NameFunded Trading PlusTopStepTrader
Profit Share:Up to 90%100% on the first $5,000 and then 90%
Markets:Forex, Indices, Metals, Commodities, CryptosE-mini S&P 500 and NASDAQ 100, Crude Oil, Gold, Interest Rates, Micro Indices.
LinkLearn MoreLearn More
1 more row
May 23, 2024

Which prop firm is the easiest to pass? ›

Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

Are funded trading accounts worth it? ›

Improved Trading Skills

Funded trading programs have strict risk parameters and position-sizing rules. This can help you develop disciplined trading habits, manage risk aggressively, and avoid emotions in your trades. All in all, it can be an excellent learning opportunity for you.

Which prop firm gives real money? ›

FTMO is a prop firm that provides funding and training to traders worldwide. It was founded in 2015 by two experienced traders, Otakar Suffner and Marek Chrastina. The firm aims to help traders achieve financial independence by providing them with the necessary tools, guidance, and capital to trade successfully.

Is funded trader real or fake? ›

Are funded trading accounts legit? No funded trader accounts are not real accounts. They are demo accounts where you are not trading on legit markets. You are trading on fake prices that closely mirror the underlying market.

Which prop firm is better than FTMO? ›

FTMO Alternatives Frequently Asked Questions (FAQs):

Yes, there are many sites offering similar services to FTMO. These include FunderPro, the5ers and many more. If you are looking for an alternative to FTMO, FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

What is the failure rate of FTMO? ›

According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.

What percent of traders pass prop firms? ›

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 happens if I lose money on a funded account? ›

On a funded account, losing a large amount of money does not mean much. Even if it results in losing your funded account, you can still try to pass the evaluation at the same firm again or just join another one. Ultimately, you do not risk much and do not lose much.

What is the success rate of funded traders? ›

Statistics on Funded Trading Payouts and the 1% Myth

While trading is no cakewalk, the actual success rate might be closer to 5%. So, it's not quite as exclusive as you might have thought. For instance, the average payout for funded trading with The Funded Trader (TFT) is around $7,000.

Is it hard to pass a funded account? ›

Before you sign up for a funded account challenge you must be sure that you are ready as a person and as a trader for this endeavor, which is both challenging and demanding. A good sign that you are ready would be having in your track record at least a few months of consistently making profitable trades.

What is the best prop firm right now? ›

From bottom to top, TU's top five best prop firm forex are FTMO, BluFX, The5ers, Fidelcrest, and Top Step.

Which prop firm is the most reliable? ›

FTMO is by far the most established prop firm of all of them and if you want reliability and one with a good reputation, then FTMO is for you. They were the one leading the industry for a few years before other prop firms sprung up and they're still strong as ever, so that's saying something there.

Which prop firm offers instant funding? ›

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

Which program is best for trading? ›

  • Angel One App. ...
  • Upstox Pro Trading app. ...
  • Groww App. ...
  • 5paisa App. ...
  • ICICI Direct App. ...
  • Edelweiss App. ...
  • FYERS App. FYERS is one of the best trading platforms in India. ...
  • AliceBlue App. The AliceBlue Trading application has one of the lowest brokerage charges in the share market industry.

Which platform is best for a funded account? ›

Funded Trading Programs Compared
Best forMarkets
FTMOExperienced tradersForex, indices, commodities, stocks, crypto
OneUp Trader FundingRisk-free tradingFutures
The5ersTraders using MT5 p latformForex, metals, and indices
Maverick TradingActive tradersFutures, stocks, and options
6 more rows

How much does the average funded trader make? ›

As of May 17, 2024, the average annual pay for a Funded Trader in California is $91,569 a year. Just in case you need a simple salary calculator, that works out to be approximately $44.02 an hour. This is the equivalent of $1,760/week or $7,630/month.

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