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Your compass for choosing the right prop trading firm

Use Prop Firm Compass to navigate rules, fees, markets, and platforms so you do not lose your bearings.

FTMOTop pick
FTMO is one of the longest-standing forex prop firms, offering a two-step evaluation with disciplined risk rules, scaling to large accounts and high profit splits.
80% split200K max€155-€1080 · refundable4.8FX, Indices +4cTrader, DXtrade +2
The5ersTop pick
The5ers is a veteran forex prop firm offering multiple funding programs, unlimited evaluation time and scaling up to multi-million account sizes.
80% split$250K max$39-$850 · refundable4.8FX, Indices +3cTrader, MT5
FundedNextTop pick
FundedNext is a global prop firm offering multiple account models, including evaluation and instant funding, with scaling plans and frequent payouts.
90% split$200K max$33-$1100 · refundable4.5FX, Indices +3cTrader, Match-Trader +2
Top One Trader is a fast-growing forex and CFD prop firm offering evaluation and instant funding models, quick payouts and aggressive scaling for consistent traders.
80% split$200K max$64-$2537 · refundable4.5FX, Indices +2cTrader, Match-Trader +2
City Traders Imperium is a London-based prop firm offering instant funding and challenge accounts, combining education with funding up to multi-million account sizes.
80% split$100K max$29-$549 · refundable4.3FX, Indices +3Match-Trader, MT5
For Traders is a funded trading program focused on education, clear rules and scaling capital so traders can grow without risking significant personal funds.
80% split$100K max$17-$517 · refundable4.2FX, Indices +2cTrader, MT5 +1
Crypto Fund Trader is a crypto-focused prop firm with evaluation programs that provide access to large simulated crypto accounts on low-spread trading conditions.
80% split$200K max$47-$11104.5FX, Indices +2Bybit, Match-Trader +1

How we choose featured firms

  • Profit split and fees (including refundability)
  • Max funding and evaluation type
  • Rule clarity and fairness (drawdown, news, consistency)
  • Platform coverage and payout cadence
  • Reputation signals and policy stability

FAQs

Are fees refundable?

Many firms refund the evaluation fee after your first payout, but terms vary. Always check the firm's rulebook.

Direct funding vs evaluation?

Direct funding skips the multi-phase challenge but often has stricter rules or lower max funding. Evaluation models require meeting profit targets with drawdown limits.

What rules matter most?

Daily loss limit, maximum drawdown, news/event restrictions, minimum trading days, and consistency rules can all impact your strategy.

How often are payouts and which methods are supported?

Payout schedules vary (weekly, bi-weekly, or monthly). Methods can include bank transfer, crypto, or payment processors. Confirm specifics on the firm's site.

What is daily drawdown vs max drawdown?

Daily drawdown limits loss within a day; max drawdown limits total account loss. Some firms use trailing drawdown that scales with equity, others use static.

Can I use EAs/algos or copy trading?

Policies differ. Many allow EAs with restrictions (latency arbitrage, martingale, or tick manipulation are often banned). Always review the rulebook.

Which platforms are supported?

Most support MetaTrader (MT4/MT5), cTrader, or TradingView. Availability can vary by account type and broker.

What are scaling plans?

Some firms increase your max funding after consistent performance or payout milestones. Criteria and pace vary by firm; review the scaling policy details.

Are there minimum trading days or time limits?

Evaluations may require a minimum number of trading days and a time window to meet targets. Plan your strategy to avoid rushing near deadlines.

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