Prop firms are trading companies that provide capital to independent traders to enable them to trade in financial markets. These financing programs are a great opportunity for traders who want to develop their career with larger starting capital and increase their profits.
In this article, we will present to you the best trading firm props in 2024. We took into account the following criteria to establish our ranking:
- The reputation of the company
- Evaluation conditions
- The amount of capital provided
- The profit sharing model
- Educational resources
Table of Contents
Toggle1. FTMO: The most popular trading prop firm in 2024
FTMO is a trading prop firm that provides capital to private traders to enable them to trade in the financial markets. Founded in 2016, FTMO has quickly become one of the most popular prop firms in the world.
Is FTMO a reliable platform in 2024?
FTMO has an excellent reputation in the trading industry. It is known for its rigorous review process, which ensures that only the best traders receive funding.
You can see reviews from many customers on the FTMO platform by clicking here
What are the FTMO evaluation conditions ?
FTMO offers a single type of challenge in 2 evaluation phases.
You must make 10% profit for the first phase , then 5% to then validate the account .
However, you must be careful not to lose more than 5% of your capital per day and 10% over the entire duration of the challenge .
FTMO's assessment requirements are considered to be the most stringent in the industry. However, they are also the fairest, as they ensure that only the most successful traders receive funding.
The amount of capital provided by FTMO
Account sizes available: $10,000 ; $25,000 ; $50,000 ; $100,000 & $200,000
FTMO’s profit sharing model
FTMO offers an 80/20 profit sharing model. This means that traders keep 80% of their profits.
This model is very favorable to traders, as it allows them to keep the majority of their gains.
FTMO educational resources
FTMO offers a wide range of educational resources to help traders develop their skills. These resources include courses, webinars, articles, and forums.
These resources are a great way for traders to prepare for the assessment and develop their trading skills.
The advantages of FTMO
FTMO offers a number of benefits to traders, including:
- A rigorous evaluation process that ensures only the best traders receive funding
- A significant amount of capital for traders to test their strategies and generate profits
- A profit sharing model favorable to traders
- A wide range of educational resources to help traders develop their skills
Disadvantages of FTMO
FTMO also has some disadvantages, including:
- The evaluation conditions are strict
- Registration fees are high
2. WeGetFunded: The first French prop firm!
WeGetFunded is the first prop firm to position itself on the French market.
It offers a greater profit sharing of 90% (additional costs to be expected), this platform is more flexible with regard to the maximum loss which is 12%.
Account sizes available at WeGetFunded
Like most prop firms, WeGetFunded offers 5 account sizes:
$10,000 ; $25,000 ; $50,000 ; $100,000 & $200,000
WeGetFunded Profit Sharing Model
This propfirm offers to pay you 90% of your profits if you choose the option, you will have to pay 20% in addition to the price of the challenge, otherwise the profit sharing is 80% for you and 20% for the propfirm.
Is WeGetFunded a scam? Opinion on the platform in 2024
WeGetFunded currently has a total rating of 3.9 out of 5 stars on TrustPilot .
The reviews are mostly positive with some negative reviews, we invite you to do your own research regarding new propfirms.
To date, we have not yet seen proof of payment on social networks, let's take into account that the company is registered in France, that is already reassuring.
3. Fidelcrest: Financing of up to $2,000,000!
Fidelcrest is a trading prop firm that provides capital to private traders to enable them to trade in the financial markets. Founded in 2018, Fidelcrest has quickly become one of the most popular prop firms in the world.
Is Fidelcrest a reliable prop firm? Opinion on the platform in 2024:
Fidelcrest has an excellent reputation in the trading industry. The company is known for its rigorous review process, which ensures that only the best traders receive funding.
Fidelcrest currently has a rating of 4.5 out of 5 stars on TrustPilot .
It is a proven platform that still continues to pay its traders.
What are Fidelcrest's assessment programs?
Fidelcrest offers 2 unique assessment programs in two phases.
The Normal Challenge:
- Phase 1 : Traders must generate a profit of 10% over a 60-day period, while respecting a maximum drawdown of 5% per day and 10% in total.
- Phase 2 : Traders must make a profit of 10% over a 60-day period, while respecting a maximum drawdown of 5% per day and 10% in total.
The Aggressive Challenge:
- Phase 1 : Traders must generate a profit of 20% over a 60-day period, while respecting a maximum drawdown of 10% per day and 20% in total.
- Phase 2 : Traders must make a profit of 20% over a 60-day period, while respecting a maximum drawdown of 10% per day and 20% in total.
Fidelcrest's assessment requirements are considered to be the most stringent in the industry. However, they are also the fairest, as they ensure that only the most successful traders receive funding.
How much capital does Fidelcrest provide?
Fidelcrest offers 3 account sizes: $250,000; $500,000 and $1,000,000
Fidelcrest offers an 80/20 profit sharing model. This means traders keep 80% of their profits.
They offer a scaling plan allowing you to have capital of up to $2,000,000 and also allowing you to be paid 90% of your profits.
The benefits of Fidelcrest in 2024
Fidelcrest offers a number of benefits to traders, including:
- A rigorous evaluation process that ensures only the best traders receive funding
- Significant capital for traders to test their strategies and generate profits
- A profit sharing model favorable to traders
- A wide range of educational resources to help traders develop their skills
The downsides of Fidelcrest in 2024
Fidelcrest also has some disadvantages, including:
- The evaluation conditions are strict
- Registration fees are high
Fidelcrest is a reliable and fair prop firm that offers excellent ROI potential for successful traders. However, the assessment requirements are strict and the registration fees are high. Traders should therefore fully understand the risks before signing up for a Fidelcrest financing program.
4. FundedNext: For fast payments!
FundedNext is a trading prop firm that provides capital to private traders to enable them to trade in the financial markets. Founded in 2020, FundedNext has quickly become one of the most popular prop firms in the world.
Is FundedNext a reliable propfirm? Opinion on the platform in 2024:
FundedNext has an excellent reputation in the trading industry. The company is known for its rigorous review process, which ensures that only the best traders receive funding.
FundedNext evaluation conditions:
FundedNext offers 3 one-step and two-step assessment programs:
- Stellar
- Assessment
- Express
Here's an infographic comparing FundedNext's valuation models:
What account sizes does FundedNext offer?
FundedNext offers 6 account sizes: $6,000 ; $15,000 ; $25,000 ; $50,000 ; $100,000 & $200,000
Profit sharing model :
FundedNext offers a profit sharing model of up to 95% thanks to the scaling plan.
How to validate a prop firm challenge in 2024?
At Valid PropFirm we offer to validate your account for you.
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what are the PROPFIRMs that authorize the HTF tradin
Good morning,
Here are the HFT Prop Firms