A funded forex trading account means trading with money lent to you by a prop firm. This allows you to trade larger positions than you could with your capital, increasing potential profits and losses. While the trader can access more capital and potentially bigger returns, the prop firm shares profits without direct trading.
The rewards can be great, but so are the losses. They could lose their funded account if traders don’t follow the rules. You must understand all guidelines before starting. A funded forex trading account can be rewarding with the right mindset and approach. But go in with realistic expectations – it’s risky business! Here are our top picks on the best funded forex trading accounts.
Top Picks on The Best Funded Forex Trading Accounts
When looking for a funded forex trading account, you have several solid options. Here are our top picks:
- Fidelcrest: Best for traders looking for variety in assets and flexibility. They offer accounts with tiered funding up to $1 million and over 100 tradable instruments.
- City Traders Imperium: Best for transparent processes and direct consultation. They provide a simple, straightforward evaluation and onboarding process with dedicated support.
- FTMO: Best overall, especially for traders aiming for a structured trading environment. They give you access to a wide range of resources, education, and accounts from $10K up to $1M.
Fidelcrest
Fidelcrest offers funded forex trading accounts with some attractive benefits. You get to keep up to 90% of the profits, depending on which challenge you choose—the normal or aggressive. With $250K to $1M in starting capital for pro traders or $15K to $60K for micro traders, you’ll have enough leverage to make solid gains.
The best part is the flexibility. You can copy expert traders, trade on weekends, react instantly to news events, and trade without mandatory stop losses or consistency rules. Whether you prefer MT4 or MT5, the platform is up to you.
With over 1,000 reviews on Trustpilot and an average rating of 4.6 stars, Fidelcrest is worth considering. Tradersunion and Forex Prop Previews also give Fidelcrest high marks, with ratings of 4.2 and 5 stars, respectively.
“Fidelcrest is one of my Top prop firms. Their excellent support team (Juan is brilliant!), and they always resolve issues quickly. They can be slower in approving accounts, but it’s worth it. Fast payouts!”
City Traders Imperium
City Traders Imperium offers funded forex trading accounts for qualified traders. Once you pass their evaluation, you can access a live-funded account with profit sharing. This London-based prop firm was founded in 2018 by Daniel Martin and Martin Najat.
City Traders Imperium could be appealing if you’re a profitable forex trader looking for a funded account. They work with day, swing, and traders of any style. Reviews of City Traders Imperium are primarily positive. They have a 4.9/5 rating and 277 reviews on Google My Business, 4.7/5 and 907 reviews on Trustpilot, and 4.7/5 on Forex Broker Report.
To get started, you open a demo account to show your skills. If you meet their metrics over 2-4 weeks, you’ll get a funded live account with up to 80% profit sharing. City Traders Imperium is worth considering if you want to trade forex with a reputable prop firm’s capital.
“I thoroughly researched many other programs and found that CTI has one of the most flexible and best-funded programs. Their signup and setup process was quick and easy, and customer service was quick and professional to respond to my questions. I look forward to having a long, rewarding trading relationship with CTI.”
FTMO
FTMO is a proprietary trading firm that funds aspiring Forex traders. To get funding, you must pass their evaluation, which has two parts. The Challenge and Verification. The Challenge tests if you can make profits following their rules for two months.
If you pass, the Verification evaluates your live trading for another month. Pass, and you get a funded account. FTMO takes 20-30% of profits, but you keep 70-80% with no risk of losses. They offer accounts from $10K to $200K.
FTMO gets top reviews for its transparent model and funding of real money accounts. On Trustpilot, Forex Broker Report, and TrustIndex, FTMO scores around 5 out of 5 stars. Check Google Play, too, where FTMO has over 800 reviews and 4.5 stars.
“Many people go to other prop firms because of the price or because it is a little easier to pass. I take trading seriously, and I can appreciate the more strict rules. FTMO didn’t get to the leader in prop firms by accident. The customer service has always been top-notch.”
Final Thoughts on Funded Forex Trading Accounts
Selecting a funded forex account is a big decision. Do your due diligence by comparing profit splits, support, platforms, education, and reviews. Consider your trading style, risk tolerance, and preferred assets to find the right firm.
Traders can work with multiple prop firms, accessing resources, tools, and capital. This diversification allows you to collaborate and leverage the strengths of different companies. Some firms offer higher payouts but less support. Others provide robust platforms and education but take a bigger share of profits.
The ideal situation is an account offering fair splits, premium services, and the freedom to trade your way. Keep an open mind, consider all options, and go with what resonates most. With the right match, funded forex trading can be a lucrative and liberating career path.
Related Prop Trading Firm Reviews:
- City Traders Imperium Review
- Earn2Trade Review
- FTMO Review
- Funded Trading Plus Review
- FundedNext Review
- InstantFunding.io Review
- Smart Prop Trader Review
- SurgeTrader Review
- The 5ers Review
- The Funded Trader Review
- The Trading Pit Review
- TickTick Trader Review
- TopStep Trader Review
- TradeDay Review
- Trader Career Path Review
- Traders With Edge Review
- UProfit Review
- Best Prop Trading Firms
- Best Forex Prop Trading Firms
- Best Funded Stock Trading Accounts
- Best Funded Forex Trading Accounts
- Best Crypto Prop Trading Firms
- Best Futures Prop Trading Firms
- Best Instant Funding Prop Firms
- Best Options Prop Trading Firms
- Compare Prop Firms
Related Links
- Best Options Prop Trading Firms 2024
- City Traders Imperium Review 2024
- Best FTMO Alternatives
- Getting The Best Price On City Traders Imperium – Coupon Code & Pricing Breakdown
- What To Know Before Signing Up To City Traders Imperium – Don’t Subscribe Until You Understand These Aspects
- City Traders Imperium Complaints And Negative Ratings
- Best Prop Trading Firms in the UK 2024
- Is City Traders Imperium Worth It
- Review City Traders Imperium Pros and Cons
- Best Funded Forex Trading Accounts 2024
- Best Prop Trading Firms 2024
- Is City Traders Imperium the Top Choice for Crypto Prop Trading? An In-depth Look
- Is City Traders Imperium the Best Instant Funding Forex Prop Firm
- Is City Traders Imperium The Best No Evaluation Prop Firm
- Is City Traders Imperium The Best Forex Proprietary Trading Firm?
- Is City Traders Imperium The Best Crypto Proprietary Trading Firm
- Is City Traders Imperium The Best Instant Funding Prop Firm? The Revie
- Best Forex Prop Trading Firms 2024
- Is City Traders Imperium The Best Funded Forex Trading Account Choice?
- Best Funded Trader Programs
- Best Proprietary Trading Firms for Beginners 2024
- Best Instant Funding Forex Prop Firms
- Is City Traders Imperium The Best Prop Trading Firm
- Crypto Prop Trading Firm Reviews & Ratings: What Traders Should Know
- Funded Forex Trading Account Reviews & Ratings
- Forex Prop Trading Firm Reviews & Ratings
- Instant Funding Prop Firm Reviews & Ratings
- Options Prop Trading Firm Reviews & Ratings: Where Should You Invest?
- Free Prop Firm Challenge
- 1 Million Dollar Funded Accounts
- List of Prop Trading Firms
- City Traders Imperium Reviews and Ratings: A Closer Look
- Is City Traders Imperium a Scam? An In-Depth Analysis
- Best Instant Funding Prop Firms 2024
- Best Crypto Prop Trading Firms 2024
- Best No Evaluation Prop Firms 2024
- CTI Prop Firm Review: A Guide to City Traders Imperium Services
- How to Pass Prop Firm Challenges
- How to Get a Funded Trading Account
- Prop Trading Vs. Day Trading: A Comparative Analysis
- Get Funded for Trading
- Prop Trading vs Hedge Fund
- What Is City Traders Imperium?
- The Role of Quantitative Analysis in Prop Trading
- The Legal and Regulatory Aspects of Prop Trading
- How Do Funded Trading Accounts Work?
- City Traders Imperium Coupon Code 2024 | Save 10% Instantly
- City Traders Imperium vs FTMO 2024: Which prop firm is better?
- Prop Firm Reviews: Which Platforms Come Out on Top?
- Is City Traders Imperium Legit?