Best Prop Trading Firms in Canada 2023
This article focuses on some of the best prop trading firms accessible to traders in Canada, including both Canadian-based and international firms that welcome Canadian traders. We'll explore what makes these firms stand out, their benefits, and the opportunities they provide to both experienced and novice traders.
Prop trading firms are a boon, especially for skilled traders who lack the capital to make substantial profits. By providing capital, these firms allow traders to leverage their skills for greater returns.
This piece delves into the details of each selected firm, highlighting their unique attributes, from trading conditions and profit splits to educational resources and supportive trading communities.
Whether you're an experienced trader looking to scale your strategies or a beginner aiming to break into the world of trading, understanding the landscape of prop trading firms can significantly impact your trading journey.

Best Canadian Prop Trading Firms
- Best overall for traders seeking instant funding in Canada.
- Ideal for futures traders requiring a streamlined path to funding.
- Great for those focusing on forex and futures with a structured evaluation program.
- Suitable for traders looking for relaxed rules and a variety of tradable assets.
Top Prop Trading Firms in Canada 2023
Maven Trading
- Instant funding options.
- Multiple asset classes.
- Flexible trading strategies.
- Competitive profit splits.
- Strong educational support.
Traders at Maven benefit from the firm's flexible approach to trading strategies, enabling them to employ their preferred methods without stringent restrictions. Furthermore, the competitive profit splits offered by Maven incentivize traders to maximize their trading potential.
With a focus on nurturing both novice and experienced traders, Maven has become a go-to destination for many looking to amplify their trading careers.
For a full review of Maven Trading, click here.
Take Profit Trader
- Specialized in futures trading.
- One-time fee for pro accounts.
- Realistic profit targets.
- High-quality customer support
- Regular trading competitions.
- Promo: Coupon Code MODESTMONEY for 50% off
While the firm is not based in Canada, Canadian traders and people located in Canada are welcome on the platform.
The firm emphasizes empowering traders with quality education and practical trading experience. Take Profit Trader's approach to trading is centered around simple rules, which aids in the development of effective trading strategies. Their model of providing funding and allowing traders to use their trading skills to generate consistent profits has gained popularity among futures traders.
Its unique blend of practical trading opportunities and comprehensive educational resources sets it apart in the prop trading industry.
Click here for a comprehensive review of Take Profit Trader.
TopStep Trader
- Structured evaluation program.
- Focus on forex and futures.
- No risk of personal capital.
- Educational resources available.
- Access to a professional trading community.
- Promo: Save 20% via our link today
TopStep is another firm that welcomes Canada-based traders even though they are headquartered elsewhere.
The firm does not require traders to risk their personal capital. Instead, TopStep provides the capital once traders successfully pass the evaluation. This approach not only lowers the entry barrier for new traders but also instills a disciplined trading mindset.
If you’re looking for a deeper dive into TopStep, check out our detailed review of the platform.
Elite Trader Funding
- Relaxed trading rules
- Wide range of tradable assets.
- Competitive profit splits.
- No minimum trading days.
- One-time fee structure.
- Promo: Coupon Code ETF4EVER for 65% off
Elite Trader Funding is another friendly firm for Canadian and Canada-based prop traders, although they are based out of another country.
With no minimum trading days requirement, traders have the freedom to trade on their own schedule, which is particularly appealing to part-time traders. The competitive profit splits offered by Elite Trader Funding incentivize traders to maximize their returns.
Go here to read our full review of Elite Trader Funding.