Best Prop Trading Firms for Experts [April 2024]

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We've tested and tried them all. Here are the best prop trading firms for expert traders to join right now.

Best Forex
Best Futures
Best Instant Funding
Best Trade Flexibility
Best Multi-Asset
4.7
4.7
4.2
4.1
3.9
Best Forex
Best Futures
Best Instant Funding
Best Trade Flexibility
Best Multi-Asset

Are you an experienced trader struggling to find the ideal prop firm? Discover our comprehensive guide’s best prop trading firms tailored for seasoned traders!

As a skilled trader, you know the significance of partnering with a top-notch proprietary trading firm—one with exceptional funding, extensive educational resources, and a culture that matches your trading approach.

That’s why we’ve tried and meticulously researched the market to present you with the leading prop trading firms for experts. By evaluating critical aspects like funding, trading software, and trader support, we’ve curated a list of top firms to streamline your search.

So, dive in and explore the finest prop trading firms for experts!

  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. Topstep
    4.7

    Topstep Trading is the ultimate choice for traders looking to excel in the futures market. With a rigorous evaluation process, traders gain access to our state-of-the-art technology, funding opportunities, and support from trading experts. Join Topstep Trading and start trading with confidence.

    Challenge Difficulty:
    4.0
    Profit Share:
    5.0
    Educational Resources:
    5.0
    Customer Support:
    4.8
    Community Engagement:
    4.5
    Pros:
    • Access to trading coaching programs
    • Well-established and trustworthy
    • Access to a dedicated coach
    • High payouts and excellent profit splits
    • Great community
    Cons:
    • Only 50K, 100K, and 150K funding options
    • Non-refundable registration fee
    • Limited to futures
    Join Now Our Review
  3. 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
  4. The5%ers
    4.2

    The 5%ers is an excellent prop firm with a great reputation. It offers instant funding, helpful trading resources, and programs for all traders. While the profit split is initially limited, it is still one of the best prop firms.

    Challenge Difficulty:
    4.4
    Profit Share:
    4.0
    Educational Resources:
    4.5
    Customer Support:
    4.2
    Community Engagement:
    4.2
    Pros:
    • Instant funding accounts
    • Trade up to $4,000,000 (with best spreads, executions, and rules)
    • Valuable trading resources and 24/7 customer support
    • Fantastic Discord community managed by a $1.2M funded trader
    • Some traders may reach a 100% profit share with salary
    Cons:
    • Limited profit split depending on program
    • No futures trading
    Join Now Our Review
  5. Fidelcrest
    3.9

    Fidelcrest will help you to evaluate, train and maximize your trading potential. With access to our exclusive trading strategies and skills, you can expect to make sustainable long-term profits. Backed by our cutting-edge technology and experienced staff, investing with us is easy and secure. Join Fidelcrest today and take your trading career to the next level.

    Challenge Difficulty:
    4.0
    Profit Share:
    4.3
    Educational Resources:
    3.0
    Customer Support:
    5.0
    Community Engagement:
    3.0
    Pros:
    • Manage up to $2M
    • Trade multiple assets
    • No minimum trading days
    • Excellent customer support
    • Speedy payouts
    Cons:
    • Strict evaluation process
    • 30-day trading period limits
    • No telephone customer support
    Join Now Our Review

FTMO: Best for Forex Category

  • What we love about FTMO: FTMO is a highly reputable proprietary trading firm offering exceptional profit splits and quick scaling options. These features make it a top choice for experienced traders across various trading styles.
  • Who FTMO is good for: Expert traders seeking skill development. Even pro traders will appreciate FTMO’s Trading Academy, which offers valuable trader support. You can also use their custom trading apps to track the markets and make expert trading decisions.

See our FTMO Review for more details about this prop firm!

Topstep: Best for Futures Category

  • What we love about Topstep: Topstep is a futures proprietary trading firm with an excellent reputation because of its exceptional profit-sharing system, free coaching programs, and educational tools.
  • Who Topstep is good for: Expert futures traders. Topstep supports multiple trading styles and lets you keep most of your profits, making it an excellent option for experienced futures traders.

Read our Topstep Review for all the details!

My Forex Funds: Best for Instant Funding Category

  • What we love about My Forex Funds: My Forex Funds is a prop trading firm that offers expert traders a range of benefits, such as generous profit-sharing options, consistent payouts, and immediate funding.
  • Who My Forex Funds is good for: Expert traders seeking instant funding. My Forex Funds offers an Accelerated Program that lets you trade their capital immediately. The Accelerated Program is an excellent choice if you’re a successful full-time trader seeking more capital.

Read our My Forex Funds Review for a closer look!

The 5%ers: Best for All Trading Styles Category

  • What we love about The 5%ers: The 5%ers is a great choice for expert traders! They offer immediate funding, a wide range of trading resources, and programs that support multiple trading strategies, including swing trading, scalping, and more.
  • Who the 5%ers is good for: Expert traders seeking instant funding. At The 5%ers, you can start trading right away without going through an evaluation process. You can also take on higher risk with the Aggressive Trader Program. Regardless of your trading style, The 5%ers has got you covered with a range of resources to support your strategy.

Check out our 5%ers Review for more!

Fidelcrest: Best for Multi-Asset Trading Category

  • What we love about Fidelcrest: We appreciate that Fidelcrest provides expert traders with outstanding profit shares, massive funding opportunities, and a wide range of tradable assets.
  • Who Fidelcrest is good for: Expert traders who trade multiple instruments. Fidelcrest lets you trade forex, indices, metals, stocks, commodities, cryptocurrencies, and more!

See our Fidelcrest Review for more details about this prop firm!

A Beginner’s Guide to Prop Trading Firms for Experts

What is a prop trading firm?

Prop trading firms give traders access to capital, cutting-edge technology, and advanced resources to enhance their trading abilities. As compensation, the firm receives a portion of the traders’ profits. Prop traders use their unique trading strategies to trade assets and earn more capital.

Pros and cons of prop trading firms for experts

Here are the pros and cons of joining a prop firm for expert traders!

Pros:

Get a funded account to increase earnings potential

Join a community of swing traders

Use educational resources and trading tools

Potentially make more money than typical bank jobs

Cons:

Some prop firms don’t allow swing trading

Fees can get expensive

Traders must share their profits with the firm

When not to join a prop trading firm

Proprietary trading firms may not be suitable for everyone. You might want to stay solo if you’re uncomfortable meeting other people’s trading requirements.

How we choose our top prop firms for experts

We’ve picked the best prop trading firms for expert traders based on various factors to give you top-quality choices. The categories we considered include:

  1. Challenge difficulty— How difficult is the evaluation? Does the firm offer instant funding?
  2. Profitability— How much of their profits can expert traders keep?
  3. Educational resources — Are there educational resources to support advanced traders?
  4. Customer support —Is the customer service team helpful and responsive?
  5. Community engagement  — Does the firm provide a community of other expert traders to connect with? Do they have Discord?

Frequently Asked Questions

How much can expert traders earn at prop firms?

Experienced traders can potentially earn millions at prop trading firms, but success hinges on favorable market conditions and firms with generous profit splits.

Do prop trading firms offer educational resources to expert traders?

Continuing education is vital for all traders. Prop trading firms typically offer diverse educational resources like coaching, webinars, courses, and videos. Each prop firm varies, so examine their offerings before joining.

How do expert traders join prop trading firms?

Prop firms typically require traders to demonstrate expertise on demo accounts before accessing live capital. Nonetheless, skilled traders can locate firms offering instant funding programs, enabling immediate trading.

What are the risks of joining a prop firm for expert traders?

Prop trading poses risks, even to seasoned traders. Ensure robust strategies and risk management before joining, as the evaluation and possible platform expenses may not be worthwhile.

The Bottom Line

Propel your trading expertise by selecting the ideal prop trading firm. Our in-depth guide evaluates top firms for experts, empowering you to make informed decisions. Of course, we recommend keeping your options open and seeing what else is out there with our list of the Best Proprietary Trading Firms. Here’s to your thriving career!

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