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Forex Prop Trading Firm, fund your account, let you execute your trading strategies, and allows you to split the Profit. You need to pass an evaluation in most firms to qualify. Forex is the world’s second-largest marketplace after the stock market. A good trader can make quick and sizeable profits by trading on short-term currency trends.
We researched more than 30 Forex Firms and following is a handpicked list of 9 Top Forex traders, with their pros, cons, key statistics, and website links.
Best for crypto experts
Fidelcrest is a globally operating forex trading firm headquartered in Nicosia, Cyprus. It is one of the best forex traders that gives skilled forex traders the ability to meet the specific requirement after accessing accounts with real funds. It also offers instant and automatic account delivery upon purchase.
#1 Top Pick
Fidelcrest
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Features:
They pay 40% profit once you pass the phase 2 exam
Offers low funding options for newer traders
It offers 10 minimum trading days
You can enable news-based trading
It enables you to hold positions overnight and on weekends
Instant and automatic account opening
Founded: 2023
Pricing: Plan starts at $99 per month.
Forex pair supported: EURUSD, EURJPY, GBPUSD, GBPJPY, AUDUSD, CHFUSD, AUDCHF, EURGBP, NZDJPY, etc.
👍 Pros 👎 Cons
You can use Normal and Aggressive trading strategies Only allows holding trades over the weekend for Aggressive Models
Maximum leverage with all accounts is 1:100. You will have a 10% profit target on ProFX Accounts
You can have a profit of at least 5% to 20% of the initial account balance
Profit-sharing Up to 90%
Best Overall
Surgetrader is a forex broker that offers which offers trading insights and tools. It has an easy-to-use interface that you can customize according to your needs. This forex trading firm offers an opportunity to trade more than just typical financial instruments. It also provides real accounts once you pass the Audition.
#2
Surgetrader
Location: Florida
What they do: You can trade Forex, Indices, Metals and Cryptocurrencies.
Initial Balance: $25,000 upto $1 million
Refundable Registration Fee: No
Profit-sharing: 75%
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Features:
It allows you to do the news-based trading
No minimal trading days or time pressure
Up to $1 million in funding
Founded: 2023
Pricing: The audition fee per account is between $200 and $6,500.
Forex pair supported: USD/BRL, USD/CLP, USD/HKD, USD/RUB, USD/SGD, USD/ZAR, USD/THB, etc.
👍 Pros 👎 Cons
Provides 3-5 trading ideas every day It allows you to hold trade on weekends also
24-hour Slack & Telegram trading room You need a stop-loss required for each trade
Live webinars & live trading every week
Profit-sharing 75%
Best for those who want to skip evaluation
MyForexFunds is one of the best Forex trading firms that provides 3 different levels or structures, depends upon on your experience as a trader, ranging from beginner to expert traders. It is one of the best forex trading platforms founded in 2023 that provides multiple programs to fit your expertise. It also helps you to learn about support & resistance and risk management.
#3
MyForexFunds
Location: Toronto, Ontario, Canada.
What they do: Forex, Indexes, Commodities, and Metals.
Initial Balance: $10,000
Refundable Registration Fee: Yes
Profit-sharing: Up to 85%
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Features:
Instant funding with no challenge
Diverse selection of trading securities
Offers highest profit share
100% refund of the price paid once you pass the evaluation process.
It offers up to 1:500 leverage
FOREX funded account instantly upon purchase of your chosen Program
Founded: 2023
Pricing: one-time registration fee from $84 to $2,450, depending on the account type and funding
Forex pair supported: EURCZK, EURHUF, EURMXN, EURNOK, EURPLN, EURSEK EURTRY, GBPAUD, GBPCAD, GBPNZD, GBPTRY, NOKSEK NZDCAD, etc.
👍 Pros 👎 Cons
Does not have any monthly fees Slow Live chat support
You will get paid as you gain experience
Offers Automated Forex Funded Accounts
You don’t need to have any target
Visit MyForexFunds
Profit-sharing Up to 85%
Best for high rewards
FTUK is a Forex trading firm that allows you to select from an instant funding program and an evaluation program. After opening an account, you need to achieve a specific Profit target which you must reach to scale your account balance. Upon successfully completing their program, you are rewarded with 50-80% profit splits and a double up on your account balance.
#4
FTUK
Location: London, UK.
What they do: Forex + Indices + Commodities + Metals
Initial Balance: $14,000
Refundable Registration Fee: No
Profit-sharing: Up to 80%
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Features:
Instant funding method
Allows News trading
Zero commission or swap fees
Manage up to $6,720,000 capital
It allows weekend and overnight positions
Founded: 2023
FX Pairs Supported: EUR/USD, GBP/USD, USD/JPY, USD/CAD, AUD/USD, NZD/USD, USD/CHF, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, etc.
Free Trial: No
👍 Pros 👎 Cons
No minimum trading days It offers low leverage 10:1 & 30:1
Single-phase evaluation process Only 1.5% Max stop loss risk limit on low-risk account types
Fast payment procedures
Profit-sharing Up to 80%
Best for Forex & Futures traders
TopStepTrader is one of the most popular prop firms because they require no performance challenge. It offers instant funding to traders worldwide, of either $3,000 or $50,000, which is doubled every 10% gain. This forex trading firm doesn’t offer any performance challenges.
#5
TopStepTrader
Location: Chicago
What they do: Provide prospective day traders with a simulated account.
Initial Balance: 200k buying power for $125 monthly.
Refundable Registration Fee: No
Profit-sharing: Up to 50%
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Features:
It offers instant funding
10% monthly profit target
Overnight positions
Founded: 2010
Pricing: $3,000 account will cost you $165 per month.
Forex pair supported: EUR/USD, XAU/USD, XAG/USD, AUD/USD, NZD/USD, GBP/USD
👍 Pros 👎 Cons
It allows you to purchase a Demo Challenge Account It does not allow weekend holding, and you need to pay a monthly fee.
You will have zero loss liability You need to pay monthly fees
The following weekly withdrawal schedule
Visit TopStepTrader
Profit-sharing Up to 50%
Best for larger accounts
#6
T4tCapital
Location: Dublin, Republic of Ireland
What they do: Forex, commodities, indices, futures, equities, CFDs
Initial Balance: USD $25,000
Refundable Registration Fee: Yes
Profit-sharing: Up to 80%
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Features:
Offers great forex trading education
Funding up to $1M
Specialized Forex training programs
Rapid scaling Program
Does not have a limit on the profit target
Easy automated Risk Management
FX Pairs Supported: AUDCAD, AUDCHF, AUDCNH, AUDHKD, AUDJPY, AUDNZD, AUDSGD, AUDUSD, CADCHF, CADJPY, CADSGD CHFSGD, CNHJPY, EURAUD, EURCAD, EURCHF, EURDKK, EURGBP, EURHKD, EURJPY. EURMXN EURNOK.
Refundable Registration Fee: Yes
👍 Pros 👎 Cons
Single Payment and no monthly subscriptions Weekly Loss Limit is only USD$500
Simple trading rules and account limits
Offers unlimited time to complete
Profit-sharing Up to 80%
Best secure funded trading platform
FTMO Forex Fund Trading Program offers traders large capital to have enough leverage to trade with profits. Once this is achieved, these profits are split between yourself and the Proprietary Firm. FTMO is one of the best forexes funded programs designed for profitable and talented Forex traders.
#7
FTMO
Location:
Czech Republic
What they do:
FTMO prop trading firm offers a variety of trading instruments, including forex.
Initial Balance:
25k balance for $250, 50k balance for $345
Refundable Registration Fee:
Yes
Profit-sharing:
Up to 90%
Learn More
Features:
Financing up to $200,000
Good reputation and references
It doubles the size of the trading account every time you reach a 10% target.
Does not have any liability for losses
Location: Czech Republic
FX Pairs Supported: EURUSD, GBPUSD, GBPJPY, USDCAD, and AUDUSD
Pricing: €155 per monthly Fee
Free Trial: 30 Days
👍 Pros 👎 Cons
No evaluation challenges Not allows weekend holding and new trading is not allowed
It allows overnight holding You need to pay monthly platform fees
Provides excellent customer support
Profit-sharing 90%
FAQsForex Trading is the process of buying and selling currencies with the intention of making a profit. It is one of the most volatile and risky investment options. However, due to its constantly changing prices, Forex trading can be highly lucrative for those who are skilled at it.
Here are the Best Forex Prop Trading firms:
Fidelcrest
Surgetrader – Best Overall
MyForexFunds – Best for those who want to skip evaluation
FTUK – Best for high rewards
TopStepTrader – Best for Forex & Futures traders
T4tCapital – Best for larger accounts
FTMO – Best secure funded trading platform
Here are points that you need to consider for selecting the Best Forex Trading Firm:
It is important that you do the proper research and find a forex trading firm with a good reputation.
You should also consider the company’s history, client testimonials, and team size.
Look for a Forex prop trading firm that has been in the business for a long time and has a good track record.
You should consider the company’s financial strength and the level of experience of its employees.
You should opt for a firm that provides comprehensive forex trading education.
You need to make sure that your selected firm should answer any questions regarding the forex trading process.
You need to consider the fees and commissions that the firm charges.
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