The5ers is among the oldest and most reputable online prop trading firms. The 5ers allow trading with a live account, and with instant funding, from day 1. Traders can scale up to a $4 million account size, one of the biggest on the market.
Assets: Forex, metals, indices
The5ers have three instant funding plans, $10,000, $20,000, and $40,000. Traders must hit a 10% evaluation target. Traders can scale up to a 100% profit split.
The5ers developed a unique low-cost program that helps traders with limited capital scale up to $4M in funding, without a high upfront cost. The bootcamp has two programs, $100,000 and $250,000. Traders are only required to pay the majority of the fee once they have completed the challenge. Making the bootcamp one of the cheapest ways to become a funded trader.
The5ers High Stakes program has 3 plans, $20,000, $60,000 and $100,000. In step 1 traders must hit an 8% profit target and in step 2 traders must hit a 5% profit target. Once both steps are completed, traders are granted funding and become a High Stakes Trader.
The instant funding plans cost $260, $450, and $850 respectively.
The bootcamp has a €95/€225 participation fee. Only once traders are funded are they required to pay the rest of the €205/€350 fee.
The high stakes program costs $495.
Headquarters: Ra’anana, Israel
Founded: 2016
Alpha Capital has one program with 5 different funding options, $10K, $25K, $50K, $100K, and $200K. In step 1 traders must hit an 8% profit target and in step 2 traders must hit a 5% profit target.
Plans start at $97 and go up to $997
Free Trial
Unlimited time
Maximum Capital of $2,000,000
Monthly trading competitions
Leverage of 1:100
Up to 80% profit split
Headquarters: London, England
Founded: 2021
Despite being relatively new in the industry, Alpha Capital provides favorable conditions for a diverse range of traders with unique styles.
Programs:
Alpha Capital has one program with 5 different funding options, $10K, $25K, $50K, $100K, and $200K. In step 1 traders must hit an 8% profit target and in step 2 traders must hit a 5% profit target.
Plans start at $97 and go up to $997
Free Trial
Unlimited time
Maximum Capital of $2,000,000
Monthly trading competitions
Leverage of 1:100
Up to 80% profit split
Headquarters: London, England
Founded: 2021
FTMO allows people to develop their trading skills. After a 2-step challenge, they are welcomed to become a funded trader and manage a trading account with the company. FTMO has up to a 90% profit split. They believe in giving funded traders as much guidance and assistance as possible, this is the reason that they are ranked as one of the top proprietary trading firms.
Assets: Forex, indices, crypto, commodities, stocks, and bonds
FTMO has 5 programs, $10,000, $25,000, $50,000, $100,000, and $200,000. Traders can decide between a normal or aggressive track for each plan (Except for the $200,000 plan which isn’t offered as part of an aggressive track). In step 1 of the challenge, traders are required to hit a 10% profit target (20% in the aggressive track) and a 5% profit target (10% in the aggressive track) in step 2. Once both steps have been completed, the trader is granted funding.
Plans start at €155 and go up to €1080.
Headquarters: Prague, Czech Republic
Founded: 2016
Trade the Pool is the first stock trading prop firm on the market. They offer four different programs for trading stocks.
Assets: More than 12,000 stocks and ETF’s
The low-cost program is $97. Daily loss is $300. Traders need to reach 2x the max DD in order to get funded. In this program that is a profit target of $1800.
The program costs $300. Daily loss is $700. Traders need to reach 2x the max DD in order to get funded. In this program that is a profit target of $4200.
The program costs $475. Daily loss is $1300. Traders need to reach 2x the max DD in order to get funded. In this program that is a profit target of $7800.
The program costs $1240. Daily loss is $2000. Traders need to reach 2x the max DD in order to get funded. In this program that is a profit target of $12,000.
More than 100x buying power
Unlimited growth scaling plan
Withdraw profit and continue to grow your funded account
Can day and swing trade
More than 12,000 stocks and ETFs
Free TraderSync user
Free Trade-Idea / TrendSpider / Bookmap subscription
Proprietary trading platform
Fast executions
Daily loss reset
No minimum days
Headquarters: Ra’anana, Israel
Founded: 2022
Website: tradethepool.com
E8 Funding offer traders a user-friendly experience as well as the industry’s best technology to pair with it. They strive to make prop trading accessible to all so that even the least experienced trader can become a professional.
Assets: Forex, Commodities, Indexes, Equities, and Cryptocurrencies
In this program there are 4 different plans, $25,000, $50,000, $100,000, and $250,000. Step 1 of the challenge requires an 8% profit target and step 2 requires a 5% profit target. Once both steps have been completed, the trader is granted funding.
This is E8 Funding’s “supercharged” program. It is a $100,000 account. It requires a 2-step challenge to become a funded trader. In the first step, traders must hit an 8% profit target and in the second step, traders must hit a 5% profit target.
In this program there are 4 different plans, $25,000, $50,000, $100,000, and $250,000. The plans are cheaper than those in the E8 program, but a 3-step challenge must be completed in order to become a funded trader. As opposed to 2 steps in the other programs. In the first step, an 8% profit must be reached, in the second step a 5% target must be reached and in the third step a 5% must be reached.
Plans start at $228 and go up to $988
This program costs $888
Plans start at $138 and go up to $598
Headquarters: Dallas, Texas, United States
Founded: 2021
The Funded Trader has one of the widest ranges of programs out of all the online prop firms. They offer 4 different programs, with up to 5 plans within each one. There really is something for every type of trader.
Assets: Forex, commodities, indices, and crypto
The Standard Challenge has 7 different plans, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000, and $400,000. Traders can decide between a swing or a regular account. (Regular accounts do not allow weekend holding).
In the Standard Challenge, traders have 35 days to complete phase 1, and 60 days to complete phase 2. In the first phase, traders must hit a 10% profit target, and in phase 2, a 5% profit target. Max loss is 12% and daily max loss is 6%.
The Rapid Challenge has 5 different plans, $10,000, $25,000, $50,000, $100,000, and $200,000. Like the Standard Challenge, traders can decide between a swing or a regular account.
In the Rapid Challenge, traders have 35 days to complete phase 1, and 60 days to complete phase 2. In the first phase, traders must hit an 8% profit target, and in phase 2, a 5% profit target. Max loss is 8% and daily max loss is 5%.
The Knights Challenge consists of a one-phased evaluation process where a trader has unlimited calendar days to achieve a 10% profit target. The Knight Challenge has 4 different plans, $25,000, $50,000, $100,000, and $200,000.
Plans start at $139 and go up to $1958.
Plans start at $129 and go up to $899.
Plans start at $189 and go up to to $939
Headquarters: Fort Lauderdale, Texas, United States
Founded: 2021
Choosing The Right Prop