Best Forex Prop Trading Firms 2024

Founded as a standout proprietary trading firm, FTMO has gained the trust and admiration of many accomplished traders. Offering an attractive funding model, it provides traders access to capital up to $400,000, paired with a 1:100 leverage, allowing them to keep a substantial 90% of their earnings.

To ensure traders align with their standards, FTMO has a two-tiered evaluation system: the Challenge and Verification stages. These rigorous assessments ensure traders not only showcase their expertise but also demonstrate consistent performance. While the firm encourages individual trading tactics, it underscores the importance of adhering to its specific trading goals and risk management protocols.

Established in Prague in 2014, FTMO began as a collaboration between three traders under the name Ziskejucet.cz. Their combined expertise and unique perspectives allowed them to devise a tailored trading system, placing significant emphasis on risk management.

The trio's innovations and the firm's growth trajectory attracted substantial funding, prompting a rebrand to FTMO in 2017. Today, the firm stands as a significant player in the proprietary trading landscape, specializing mainly in the Forex market but also expanding into commodities, crypto, and indices.

Beyond just being a trading firm, FTMO's commitment to nurturing aspiring traders is evident in its comprehensive evaluation process, designed to discover and fund promising talent.

Funded Trading Plus, a rapidly expanding proprietary trading firm, presents a platform tailored for traders across all expertise levels, with an emphasis on those with significant experience. Their approach allows traders to demonstrate their skills by meeting certain profit objectives and undergoing thorough evaluations. Successful participants can secure a funded account and enjoy up to a 90% profit split.

The firm's programs range from an entry-level offering of $12,500 to the ability to trade up to $2,500,000, encompassing Forex, indices, commodities, and an extensive crypto selection, making it stand out in competitive pricing and range.

In a collaborative effort, Simon M., James F., and Michael C. founded Funded Trading Plus, an advanced platform aimed at supporting traders worldwide who were hindered by a lack of capital. Originating from their initial venture, Trade Room Plus, a live trading room for retail traders, they identified the widespread issue of limited capital in the trading community. Intent on addressing this challenge, they combined their distinct skills and backgrounds with insights from trading veterans from Wall Street and the City of London.

The result was not just another funded trading platform but a unique system where the company's success is intrinsically linked to its traders, ensuring they are adequately funded and supported in their trading endeavors.

Founded with a goal to empower traders, Fidelcrest provides a unique opportunity for those who excel in its trading challenge and subsequent verification phase, rewarding them with a profit split that can reach up to 90%. Participants can opt for either the "Normal" or the "Aggressive" trading challenge, with the latter presenting an enticing higher profit split upon completion.

Those aiming for the "Pro Trader" tier can begin with a capital ranging from $250,000 to $1,000,000, while the "Micro Trader" category offers a starting range of $15,000 to $60,000.

Fidelcrest ensures a versatile trading experience, offering features such as copy-trading, flexibility to trade during weekends, and the freedom to engage in news trading without mandatory stop-loss or consistency rules. Traders can select from two widely-used platforms: MT4 or MT5.

Both the Pro and Micro accounts on the MT4 platform cover a broad spectrum of assets including currency pairs, CFDs on stocks, metals, commodities, and indices. Once traders successfully navigate the assessment and meet the stipulated trading criteria, they gain access to Fidelcrest's funds for trading. The funding can range anywhere from $10,000 to a substantial $2 million.

Established in 2018 in Nicosia, Cyprus, Fidelcrest stands out as a proprietary trading firm with roots that delve deep into the Forex market. Founded by seasoned professionals with over a decade of experience in the brokerage domain, this relatively new entity has quickly made its mark.

Fidelcrest's primary objective is to offer adept traders a unique avenue to become funded traders. While it's rooted in Cyprus, the company's collaborative reach spans globally, actively working with traders from various regions, including the USA.

City Traders Imperium (CTI) stands out in the trading world, not just for its profit splits that can reach up to 100%, but for its comprehensive educational resources. Starting traders with an 80% profit split, CTI's model is predicated on identifying those who display potent trading skills and granting them access to firm funds.

Those interested in forex can receive direct funding ranging from $20,000 to $70,000 and enjoy the flexibility of implementing diverse trading strategies, suitable for day traders, swing traders, and even professional portfolio managers. With leverage up to 1:100, the platform caters to a broad spectrum of traders. However, CTI's true distinction lies in its commitment to trader growth.

Beyond just funding, it offers a plethora of learning materials on various trading types, access to performance coaches, and specific trading strategy courses. Envision CTI as more than a funding provider; it's a robust mentorship hub, fostering a community of traders and providing the tools and backing needed to jumpstart a successful trading career.

City Traders Imperium, based in London, was established by former professional traders, Daniel Martin and Martin Najat. The duo founded CTI to address their concerns about the unrealistic promises made by many UK-based proprietary trading firms.

They believed these firms left traders ill-equipped to thrive. To rectify this, CTI offers structured education, expert guidance, and proper funding to help traders succeed. The firm is now recognized as a trusted platform, especially for beginners seeking an affordable trading experience.