Best Commodity Prop Trading Firms of March 2024

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Don't miss out on maximizing your potential--here are the crème de la crème commodity prop trading firms to join today:

Best for Education
Best for Instant Funding
Best for Multi-Asset
Best for Big Accounts
Best for Experts
4.7
4.5
4.3
4.2
4.2
Best for Education
Best for Instant Funding
Best for Multi-Asset
Best for Big Accounts
Best for Experts

Eager to secure funding and gain valuable experience in commodity trading? Look no further! With expert knowledge and insider know-how, I’ve curated a list of the top five prop firms that will elevate your trading career.

Seize this opportunity—explore our in-depth guide to connect with industry-leading prop firms and transform your trading journey today!

  1. FTMO
    4.7

    FTMO is the premier proprietary trading firm for forex traders. FTMO has a unique 2-step evaluation process to discover trading talent. Successful traders can remotely manage an account with a balance of up to $400,000. FTMO's educational resources, account analysis, and performance coaching provide traders with the tools and support to achieve financial independence. Join FTMO and start trading with confidence.

    Challenge Difficulty:
    4.3
    Profit Share:
    5.0
    Educational Resources:
    5.0
    Customer Support:
    5.0
    Community Engagement:
    4.0
    Pros:
    • Well-established and trusted
    • Fast scaling plan
    • Access data from liquidity providers
    • No swing trading limits
    • 1:100 leverage
    Cons:
    • Limited trading platforms
    • Challenging evaluation process
    • Slightly more expensive than alternatives
    Join Now Our Review
  2. City Traders Imperium
    4.5

    City Traders Imperium is one of the best prop firms on the market. It offers generous profit splits, programs that support different trading styles, and access to top-tier educational content. While the fees are slightly above average, CTI is worth it.

    Challenge Difficulty:
    3.5
    Profit Share:
    4.3
    Educational Resources:
    5.0
    Customer Support:
    4.0
    Community Engagement:
    4.5
    Pros:
    • Scaling profit shares up to 90%
    • Instant funding available
    • Good to educational resources
    • Excellent community
    • Free trials
    Cons:
    • Slightly higher fees
    • No crypto trading
    • No 24/7 customer support
    Join Now Our Review
  3. SurgeTrader
    4.3

    SurgeTrader is a solid proprietary trading firm that provides capital to skilled traders. It offers simple rules, optional add-ons, and multiple packages. While it has its issues, SurgeTrader is an excellent overall option for prop traders.

    Challenge Difficulty:
    4.5
    Profit Share:
    4.0
    Educational Resources:
    4.0
    Customer Support:
    4.5
    Community Engagement:
    4.5
    Pros:
    • 90% profit split
    • Free 30-day education membership
    • No recurring fees
    • No minimum trading days
    • Multiple tradable assets
    Cons:
    • Limited profit splits without paying extra
    • Restrictive maximum loss limit
    • Few education tools after 30 days
    Join Now Our Review
  4. FundedNext
    4.2

    FundedNext is an excellent prop firm for forex traders and more. It offers increasing profit splits, growth scaling opportunities, and a fantastic community. While it has some drawbacks, FundedNext is an overall reliable choice.

    Challenge Difficulty:
    4.3
    Profit Share:
    4.5
    Educational Resources:
    2.5
    Customer Support:
    4.5
    Community Engagement:
    5.0
    Pros:
    • Up to 90% profit split
    • 24/7 account manager
    • Supports most trading styles
    • 1:100 leverage
    • Active community
    Cons:
    • Only supports MetaTrader 4
    • Challenging evaluation profit targets
    • Low profit split for express accounts
    Join Now Our Review
  5. My Forex Funds
    4.2

    My Forex Funds is one of the best proprietary trading firms in the market. It offers multiple account options, speedy payouts, and rewards for successful traders. While it lacks educational resources, My Forex Funds is still an excellent option for most traders.

    Challenge Difficulty:
    4.5
    Profit Share:
    4.0
    Educational Resources:
    2.5
    Customer Support:
    4.8
    Community Engagement:
    5.0
    Pros:
    • Rewards program for successful traders
    • Up to 90% profit splits
    • 24/7 support team
    • Instant funding option
    • Active community
    Cons:
    • Lack of educational resources
    • Short track record as a prop firm
    • Confusing equity drawdowns
    Join Now Our Review

A Closer Look at Our Top Commodities Prop Trading Firms

FTMO: Best for Education Category

  • What we love about FTMO: Seek a top-notch prop firm? Choose FTMO! Known for their stellar reputation, they provide various account choices and a wide array of tradable assets, including commodities!
  • Who FTMO is good for: Traders looking to learn. FTMO provides a wealth of educational resources to help you grow as a trader. From their Trading Academy, which offers a range of tutorials and webinars, to mentorship programs and mobile apps, FTMO has everything you need to succeed, even if you’re a beginner.

Take a look at our FTMO Review.

City Traders Imperium: Best for Instant Funding Category

  • What we love about CTI: We’re seriously impressed by what this firm offers – from their generous profit splits and flexible trading programs to their accounts loaded with capital. 
  • Who CTI is good for: Traders who want to skip the evaluation process. CTI offers a Direct Funding Program for skilled commodity traders who wish to start handling capital immediately. 

Read our City Traders Imperium Review.

SurgeTrader: Best for Multi-Asset Trading Category

  • What we love about SurgeTrader: With a commitment to transparency and fairness, this firm provides traders with everything they need to succeed – including multiple programs designed to suit different trading styles and skill levels. 
  • Who SurgeTrader is good for: Jacks of all trades. SurgeTrader lets you trade many assets, including commodities, forex, stocks, crypto, and more!

Check out our SurgeTrader Review.

FundedNext: Best for Big Accounts Category

  • What we love about FundedNext: With a commitment to helping traders reach their full potential, FundedNext provides a range of growth plans designed to help you scale up your trading operations and reach new heights. 
  • Who FundedNext is good for: Skilled traders seeking huge accounts. FundedNext lets you manage an impressive $4,000,000 with their scaling plan, making this prop firm ideal for high-rollers.

Dive into our comprehensive FundedNext review.

My Forex Funds: Best for Experts

  • What we love about My Forex Funds: With profit shares of up to 100%, MFF is committed to helping traders earn more and keep more of their hard-earned profits. Whether you’re a swing trader, a day trader, or something in between, MFF has a program that’s right for you.
  • Who My Forex Funds is good for: Expert commodity traders. My Forex Funds offers an Accelerated Program, allowing skilled traders to bypass the evaluation and get funded instantly. However, MFF offers limited educational tools, so we only recommend this route if you’re a pro trader. 

Get further details in our My Forex Funds review.

A Beginner’s Guide to the Best Commodity Prop Trading Firms

What is a commodities prop trading firm?

A commodities prop trading firm is a company that enlists skilled traders to buy and sell metals, oils, and other commodities. The firm provides traders with access to trading capital, risk management tools, and cutting-edge technology. In return, the prop firm takes a percentage of the trader’s profits. 

Pros and cons of using a commodities prop trading firm

Here’s our list of the pros and cons of joining a commodities prop trading firm!

Pros:

Access capital without risking your own

Learn from educational trading resources and mentors

Become a member of a trading community

Have unlimited earnings potential

Cons:

Some prop firms charge expensive fees

Prop trading firms have fewer regulations

Most prop firms require profit splits between 50-80%

When to join a commodities prop trading firm

If you’re a commodities trader seeking a flexible career and don’t mind taking risks, prop firms may be an excellent choice. While profits are never guaranteed, prop trading firms allow traders to test their skills without risking their own capital.

How we choose our top commodities prop trading firms

We’ve handpicked the top commodities prop trading firms with great care after testing our their services, considering various categories to ensure you’re getting the best of the best. These categories are:

  1. Challenge difficulty— Are the rules accessible for beginner traders?
  2. Profitability— How much of your profits can you keep?
  3. Educational resources — Does the firm provide educational tools to encourage trader development?
  4. Customer support — Is it easy to get in touch with customer support? Does the customer support team provide helpful answers?
  5. Community engagement  — Does the firm provide a sense of community? Is there a Discord channel where traders can chat?

Frequently Asked Questions

What types of commodities do proprietary trading firms trade?

Prop trading firms are known to trade a diverse range of commodities, including agricultural products (corn, soybeans, and wheat), metals (gold, silver, and copper), and energy products (crude oil and natural gas). 

How do I join a commodities proprietary trading firm?

Before funding, prop firms require an assessment, usually with virtual trades or an interview-application mix. This key step ensures traders have the right skills to handle real money.

How much do the commodity prop traders make?

Prop trader income depends on skill, approach, and firm choice. Successful traders usually make $80K-$200K per year.

What is the best prop trading firm for commodities?

We’ve ranked FTMO as the top prop trading firm for commodities due to great profit shares and quick growth with access to trade oil, metals, and more.

Which commodity prop trading firms have no challenge?

SurgeTrader and MyForexFunds are prop trading, supporting commodities traders with an instant-funding program.

The Bottom Line

We hope our comprehensive ranking of top commodities prop trading firms has empowered you with valuable insights to make an informed decision. And if you’re interested in exploring other trading opportunities, we invite you to check out our comprehensive list of the Best Proprietary Trading Firms!

Choosing the right firm with adequate resources and support is crucial for success in the competitive trading market. We wish you the best of luck in all your trading pursuits!

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