Prop firms are a great solution for traders with a lack of capital, but they often require a lot of work to pass challenges and evaluations before you finally get your desired funded account.
Thankfully, there are prop firms with no evaluation. You don’t need to pass any challenge, you just receive instant funding right from the start.
In this article, you’ll learn what are the top best trading prop firms with no evaluation and you’ll be able to compare them to choose the best one for your personal situation.
The Top 3 Best Instant Funding Prop Firms
Here’s the list of the 3 best instant funding proprietary trading firms.
REVIEW SUMMARY
Funded Trading Plus is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full Funded Trading Plus review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $2,500,000
Profit split: up to 100%
Cost: from $119
Platforms: cTrader, TradingView, MatchTrader, DXtrade
REVIEW SUMMARY
FTUK is a Forex prop firm, located in USA. It was founded in 2021. Read the full FTUK review
FEATURES
Instruments: Forex, Indices, Commodities, Crypto.
Max balance: $5,760,000
Profit split: 80%
Cost: from $149
Platforms: MatchTrader
REVIEW SUMMARY
City Traders Imperium is a Forex prop firm, located in UK. It was founded in 2018. Read the full City Traders Imperium review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $2,000,000
Profit split: up to 100%
Cost: from $39
Platforms: MetaTrader 5
How Should I Choose A Prop Firm
If you are undecided between two or more instant funding prop trading firms, you can use ourprop firm comparison tool. Just choose the firms that you want to compare and immediately check the results with a detailed comparison.
How Were These No Evaluation Prop Trading Firms Chosen And Rated
The prop firms that appear here were rated based on different factors, which include:
- Difficulty: How easy it is to maintain an instant funded account.
- Trading platforms: The range of trading platforms available.
- Customer support: How fast and reliable the prop firm’s customer support is in solving your problems and answering your questions.
- Profit split: How much of the profits the prop firm shares with you.
- Instruments: How vast the range of instruments available to trade is.
- Cost: How much does a funded account cost to apply and maintain.
- User Rating: How good the prop firm is rated by other users.
What Can You Trade On A No Evaluation Prop Firm
Typically, you can trade any CFD product with a prop firm with no evaluation.
The instruments available in the vast majority of proprietary trading firms are:
- Forex:All major, minor, and even exotic pairs are there if you are a Forex trader.
- Indices:Traded as CFDs, you have all the important indices available to trade including Dax, Nasdaq, Dow Jones, S&P500, FTSE, and others.
- Commodities:Natural Gas, Crude, and Brent Oil.
- Metals:Silver, Gold, and Palladium
- Stocks:On some prop firms you may have stocks available although the list is not big.
- Crypto:On some prop firms you have all the major cryptos available, like BTC, ETH, LTC, XRP, ADA, DOT, DOGE, and a few more.
How Big Are The Instant Funded Accounts
The maximum prop firm’s instant funded accounts typically go up to $1,000,00 or $2,000,000.
These balances are only achieved after scaling though, after you get your initial account balance and keep trading without breaching any rule from the prop firm.
How Much Is The Profit Split
For instant funded accounts, the profit split is not big, usually around 50%. But on some prop firms, it may increase over time, up to a maximum of 90%.
What Trading Platforms Are Available?
Most of these prop firms with no challenge give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms:
- MetaTrader 4
- MetaTrader 5
- cTrader
Are No Evaluation Prop Firms Legit?
Yes, no-evaluation prop trading firms are legit and exist as real companies.
If you read the individual review for each prop firm you’ll find more details about the company and how to contact them.
Advantages Of No Evaluation Prop Firms
- You get access to an instant funded account immediately.
- You don’t need to risk your own capital to trade.
- You can get funded with big-sized accounts, so you don’t need to overleverage and gamble your small account to potentially make decent profits.
- You are forced to follow proper risk management rules.
Disadvantages Of No Evaluation Prop Firms
- The profit split is lower when compared to programs with evaluation or challenges.
Learn More
- What is prop trading
- Prop firms comparison tool
- List of thebest prop trading firms
Get My 6-day FREE Trading Course That You Can't Afford to Lose
FAQs
FTUK is a Global One-Step and Instant Funding Prop Firm. Choose the Right Program For You.
How to pass prop firm challenge fast? ›
Tips for Passing a Prop Firm Trading Challenge
- Understand the Rules of Engagement: ...
- Master Your Trading Strategy: ...
- Risk Management is Non-Negotiable: ...
- Leverage Your Analytical Skills: ...
- Stay Disciplined and Patient: ...
- Continuous Learning is the Key: ...
- Embrace Feedback and Adapt: ...
- Simulate Real Trading Conditions:
An instant funding account can be contrasted with an evaluation account. Whereas an evaluation account requires an evaluation before you can qualify and start trading, an instant funding account does not. You skip the evaluation process and instead pay a fee.
Is it hard to get funded by a prop firm? ›
Becoming a funded trader with a prop firm involves showcasing your trading skills and adherence to risk management during an evaluation process. While the difficulty can vary, it's achievable with consistency, dedication, and a solid trading approach.
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 instant funding legit? ›
ScamAdviser gives instantfunding.ca a low trust score of 32/100. The score is determined by an algorithm that takes into account over 40 data points. Underdeveloped website. There's limited information on the Instant Funding website about which lenders it partners with to provide access to loans.
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.
Is it difficult to pass the prop firm challenge? ›
Becoming a funded trader in prop firms is not an easy task. Prop trading firms only want the best traders who can bring about the best returns under a very short loss leash. In other words, not only do you have to achieve profit, you have to make a profit consistently.
How to get a free funded account? ›
Several trading firms and platforms offer free funded trading challenges that allow traders to demonstrate their trading skills and potentially qualify for funded forex accounts. These challenges typically involve trading simulated or live accounts with virtual funds provided by the platform.
How does instant funding work? ›
Instant funding prop firms operate on a simple premise: to empower traders by providing them with the capital and resources they need to succeed in the financial markets. These firms offer a range of benefits, including real-time payouts, profit-sharing models, and comprehensive training and support.
You can request your first payout after 14 days, provided you have made a 5% gain. You can then request a payout via the dashboard every 7 days. Please note when you withdraw your funds, your drawdown will still be locked at starting balance, it then won't move from here, even if you withdraw.
How does prop firm evaluation work? ›
Most prop firms implement a structured evaluation process designed to assess a trader's aptitude and potential. This process often includes a demo trading phase where prospective traders showcase their skill in a simulated environment.
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.
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.
Do prop firms actually payout? ›
Statistics on Average Trader Payouts
Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.
Which prop firm has the fastest payout? ›
Who offers the quickest payouts among prop trading firms? FunderPro stands out for its rapid payouts in the prop trading industry. With some competitors taking weeks to process payouts, FunderPro prioritizes swift transactions, ensuring traders receive their earnings promptly.
What platform does instant funding use? ›
DXtrade, developed by Devexperts, is a trading platform seamlessly integrated into all challenges and instant simulated-funding programs.
Which prop firm has no minimum trading days? ›
Experience the Exclusiveness of Working with Prop Firms with No Minimum Trading Days. If you want prop firms with no minimum trading days, Smart Prop Trader is the right choice. We are a proprietary firm in Austin, Texas, established in 2022, and we aim to offer exemplary benefits and spreads to traders.
Is FTMO no longer in the US? ›
FTMO just banned US citizens: USA update – January 2024: Since the establishment of our company, our goal has been to provide top-quality services for our clients. Unfortunately, at present, we are not able to do that in the United States due to specific conditions in the market segment there.
