Editor choice

Best Funded Trading Accounts

With so many proprietary trading firms to choose from nowadays, it can be difficult to make a choice. In this review, we will take a look at some of the best funded trading accounts based on our research and comparison of all the top prop firms.
Best Funded Trading Accounts

If you are thinking about taking part in a prop firm challenge in order to qualify for a funded trading account, then you are no doubt weighing up the options that are available to you. The main things to look for are profit shares and start-up fees, but there is a lot more to it than that. We will take a close look at how to pick the best funded trading account depending on your own needs and put forward some options to consider.

Best Funded Trading Accounts

What Is A Funded Trading Account?

A funded trading account is when a propriety firm gives you access to trade their capital for a share of the profits. This is a great option for aspiring prop traders who are talented and have successful trading strategies, but just cannot afford to invest in an account of their own. Funded accounts enable them to leverage their trading skills and therefore make more profits in the process. What’s more, the prop firm who offers the funded account will take on all of the risks.

Funded accounts may be a great way to kick start your trading career, but you must remember that the investment still belongs to the prop firm. If they decide that you are breaching any of the rules, they can kick you out in a heartbeat and not pay your profit share. That is why it is important to choose only the best funded accounts from the top prop trading firms in the industry.

Best Funded Trading Accounts

What Is A Trading Challenge?

Whilst getting a funded account may sound appealing to traders of all experience levels who want to make a career out of trading, prop firms cannot just give them out to everyone. For this reason, there are trading challenges which have a certain set of objectives that you need to achieve whilst following a strict set of rules. This can include the types of trading strategy tat are allowed, profit targets, maximum drawdown, maximum loss and trading days.

If you successfully pass the trading challenge, also known as the evaluation phase, the prop firm can reward you with a funded account. Some prop firms have one-step evaluations which are quicker to pass, whereas others let you skip the process all together with instant funded accounts. If you do take part in a trader challenge, you will need to pay an upfront fee which can be refundable is you pass, depending on the conditions of your chosen prop firm.

Best Funded Trading Accounts

Our Top Funded Trading Accounts

Editor choice 1 FTMO Review

FTMO Review

FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s capital and receive up to $2 million in funds and keep 90% of profits. The company provide you with support along the way and will even cover the losses.
9.5
Best seller 2 SurgeTrader Review

SurgeTrader Review

SurgeTrader accelerates your path to becoming a professional trader by putting real capital into live accounts for you to trade. They have a good variety of funded trader programs where you can keep up to 90% of the profits if you successfully pass the audition phase and scale up to $500K.
9
Best price 3 The Funded Trader Review

The Funded Trader Review

The Funded Trader is a popular prop trading firm where aspiring traders can potentially unlock up to $600k accounts to become professional traders and earn a 90% share of the profits.
9
4 TopStep Review

Topstep Review

For retail traders, Topstep is the one of the best funded account options. Their objective is to provide a secure environment where traders may turn their passion into a profession and securely participate in and earn from the financial markets. Topstep look to produce better traders, with healthier habits, through learning by doing. Trade up to $150,000 in capital and share 90% of profits.
8.7
5 E8 Funding Review

E8 Funding Review

E8 Funding give you the funds and take the risk for you to trade. They have a simple 2-phase evaluation process which gives you access to manage up to $1,000,000 in trading funds and an 80% profit share once complete.
8.7

Best Funded Trading Accounts

Comparison Table of Funded Trading Accounts

Best Funded Trading Accounts

FTMO

FTMO have paid out over $100 million to traders in over 180 counties, making them one of the top prop trading firms you can find. Your placement in the FTMO Proprietary Trading firm, where you can remotely manage the FTMO Account with a balance of up to $400,000, is provided to you when you successfully complete the Evaluation Course. If you pass the FTMO Challenge, you can qualify for a funded account where you get to share a generous 90% of your profits by trading consistently and safely. If your FTMO Account continuously generates profits, you can scale your account all the way up to $2,000,000 in accordance with the FTMO scaling plan.

Step 1. FTMO ChallengeStep 2. VerificationStep 3. FTMO Trader
Trading Period30 days + 14 days60 daysindefinite
Minimum Trading Days10 days10 daysx
Maximum Daily Loss$500$500$500
Maximum Loss$1,000$1,000$1,000
Profit Target$1,000$500x
Free RepeatYesYesx
Refundable Fee€155free refund
FTMO Objectives – Based on normal risk and $10,000 balance
Pros
  • One-time fee only (no recurrent charges or other fees)
  • No limits or restrictions on your trading style
  • Choice of platforms (MT4, MT5, cTrader)
  • Access to some handy trading apps designed to help you with risk management and profit maximization
  • Trade Forex, Commodities, Indices, Crypto, Stocks, Bonds
  • No limits on the volume traded (lot size)
  • Leverage up to 1:100
  • FTMO’s scaling plan allows their most skilled traders access to up to $2 million of trading capital
  • A thorough account analysis for every account
  • The fee will be reimbursed to you with the first Profit Split
  • Customer Support in 17 languages
  • The most trusted and reputable Prop Trading Firm in the industry
  • So many traders have used FTMO over the years that there is an incredible amount of trader-generated resources available, including lots of great advice on how to pass the FTMO Challenge
Cons
  • Strict requirements for the test period
  • Steep 10% profit target for the first step of the FTMO evaluation, however, it eventually drops to 5% for the second verification stage
  • FTMO keeps all traders on demo accounts, even those that have passed the FTMO Challenge and become fully funded
  • In order to receive a funded account, traders must first pass the FTMO Challenge, followed by a verification stage
9.5
FTMO Review

FTMO Editor choice

FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s …

Best Funded Trading Accounts

The Funded Trader

After completing The Funded Trader Standard Challenge and all other verifications, you will be qualified to get a funded account. You can obtain up to a 90% profit split, with your first profit split occurring 30 days after your first transaction, provided that you continue to trade consistently and with competent risk management. You will be qualified for biweekly payouts once you receive your first payment. Every three months, your performance will be reviewed, and if you qualify, you might scale up to a $1,500,000 account amount.

The Funded Trader Challenges
The Funded Trader Challenges
Pros
  • Maximum balance of standard accounts up to $600,000
  • Scaling plan with balance up to $1,500,000
  • Arranges exciting events, rewards and competitions
  • High leverage for trading forex up to 1:200
  • Achievable profit and drawdown targets
  • 90% profit split on scaling plan
  • Unlimited evaluation free retries
  • Large range of trading instruments
  • Overnight and weekend holding allowed
  • Good variety of challenges to choose from
  • Trade on both the MetaTrader 4/5 platforms
Cons
  • No free trial
  • Very strict trading conditions
  • Funded with demo account and virtual funds
  • Lack of educational content
  • Overwhelming rules and restrictions
9
The Funded Trader Review

The Funded Trader Best price

The Funded Trader is a popular prop trading firm where aspiring traders can potentially unlock up to $600k accounts to …

Best Funded Trading Accounts

SurgeTrader

A trader who successfully completes the SurgeTrader Auditions is promoted to a live account with the broker EightCap, where they may trade with real funds and real execution. This stands out from many other prop businesses, where traders never truly trade on a live account and only ever do so in a demo setting. You can earn up to 90% of your profits by trading consistently within the rules and scale your funded account up to $500,000.

Starter – $25KIntermediate – $50KSeasoned – $100KAdvanced – $250KExpert – $500KMaster – $1M
Account TypeStandardStandardStandardLargeLargeLarge
Profit Share75%75%75%75%75%75%
Profit Target (10%)$2,500$5,000$10,000$25,000$50,000$100,000
Daily Loss Limit4%4%4%4%4%4%
Max Trailing Drawdown5%5%5%5%5%5%
Audition Fee$250$400$700$1,800$3,500$6,500
SurgeTrader Pricing Plans
Pros
  • Simple, straightforward trading rules
  • No minimum trading days
  • No 30-day assessment period
  • Scale up from $25K all the way to $500K
  • One-Time fee with no ongoing costs
  • No restrictions on trading strategies
  • 1 step evaluation process
  • Good choice of trading instruments
  • Trade on both MT4/MT5 platforms
  • Handy trader dashboard
  • Realistic profit target set at 10% of the total account balance
  • After passing the audition you will start trading directly on a live account, with real profits and losses taken by the company, no demo accounts
  • You will have access to a free 30-day membership with BKForex, which includes daily trading signals, tools, indicators, webinars and more
  • Quick withdrawals and no minimum or maximum amount restrictions, which can be requested at any time once a month
  • Very generous profit share that goes all the way up to 90%
  • Free trial of the audition upon request
Cons
  • A stop-loss is required for each trade
  • All positions must be closed on Friday
  • Maximum open size of 1 lot per $10,000 of the account balance
  • 5% maximum trailing drawdown
  • Low leverage 10:1, 5:1 and 2:1 ​
9
SurgeTrader Review

SurgeTrader Best seller

SurgeTrader accelerates your path to becoming a professional trader by putting real capital into live accounts for you …

Best Funded Trading Accounts

Topstep

Only traders who have cleared Steps 1 and 2 of the Topstep Trading Combine are able to access Topstep Funded Accounts. You will have access to live markets supported by Topstep’s funds if you have a Topstep Funded Account. You will have the choice to sign up for data feeds like TSTrader and TradingView, among others. You get to keep the first $5,000 you earn once you pass the Trading Combine and receive your authorised Topstep Funded Account. Then, 90% of your earnings are yours to retain.

$50k$100k$150k
Monthly Price$165/month$325/month$375/month
Profit Target (Per Step)$3,000$6,000$9,000
Maximum Position Size5 Contracts10 Contracts15 Contracts
Daily Loss Limit$1,000$2,000$3,000
Trailing Max Drawdown$2,000$3,000$4,500
Topstep Funded Accounts
Pros
  • Not much capital needed to start
  • Account reset option available
  • Free 14-day trial to enter program
  • Excellent choice of professional trading platforms
  • Keep up to 90% profits with a 50% account balance withdrawal available
  • A real focus on improving trading skills via the Trading Combine program
  • Great range of educational resources, community access, coaching and live webinars
  • Quick evaluation process. Step 1 can be completed in just five trading days, and Step 2 no longer has a minimum days requirement
  • Respected prop firm with many years in the business and millions of dollars of trader withdrawals
Cons
  • No forex trading
  • No MetaTrader platforms
  • Very complicated account options and trading conditions
  • No weekend positions
  • Futures instruments only
  • Withdrawals are limited to ACH or international bank wire transfers
  • Higher monthly fixed costs because of exchange data fees
  • Quite strict rules to follow
8.7
Topstep Review

Topstep

For retail traders, Topstep is the one of the best funded account options. Their objective is to provide a secure …

Best Funded Trading Accounts

E8 Funding

When you sign up to be a Funded Trader with E8 Funding, they have faith in your skills and work hard to provide you with the best trading conditions. Funded Accounts are linked to the live trading account with real money of the proprietary trading firm. You are free to trade whenever you want and at your discretion because there is no obligation for a Profit Target. You should just follow the Maximum Daily Loss and Maximum Loss restrictions and exercise caution during significant news releases.

Account TypesE8 AccountELEV8 programE8 Track
Account Size & Fee$25,000 (Fees: $228)
$50,000 (Fees: $338)
$100,000 (Fees: $588)
$250,000 (Fees: $988)
$100,000 (Fees: $888)$25,000 (Fees: $138)
$50,000 (Fees: $208)
$100,000 (Fees: $358)
$250,000 (Fees: $598)
E8 Funding Size & Pricing
Pros
  • Unlimited evaluation free retries
  • Instant account access
  • Attractive and innovative trader dashboard
  • Forex leverage of up to 1:100
  • Max capital allocation on the E8 account from 250k to 600k
  • Funded account balance up to $1,000,000 with scaling
  • Up to 80% profit share
  • No minimum trading days on regular account type
  • Allows news, overnight and weekend trading
  • Trade on the popular MetaTrader platforms
  • Free trial
Cons
  • 5% Maximum daily floating loss
  • Not the lowest fees
8.7
E8 Funding Review

E8 Funding

E8 Funding give you the funds and take the risk for you to trade. They have a simple 2-phase evaluation process which …

Best Funded Trading Accounts

Funded Accounts Pros & Cons

Pros
  • Get a funded account with a low entry threshold
  • Free trading education and training for traders
  • Access to high-level trading software and data analysis
  • Direct market access to trade various asset classes
  • No conflict between the prop trading firm and trader
  • Take advantage of favourable trading conditions
  • Potential to scale account up to significant capital
  • Instant funding accounts available at some prop firms
Cons
  • You will need to pay a sign-up fee
  • Takes time and effort to pass a trading challenge
  • Need to stick to certain trading rules
  • Can cancel your account if you are in breach of rules

Best Funded Trading Accounts

How to Choose the Best Funded Trading Accounts?

There are many things to consider when shopping around for a funded trading account. This is going to differ between each trader, deepening on their trading strategy, investment size and other factors. That being said, things like profit share, payout methods and the scaling plan, can impact everyone. Of course, if the profit target of a challenge is easier to achieve and the cost is cheaper, this prop firm is likely to be more appealing than another which has strict rules and is expensive.

Here is a list of key features to check when choosing a funded account:

  • Cost of trading challenges
  • Variety of funded accounts
  • Profit split and scaling plan
  • Trading strategies allowed
  • Trading rules and objectives
  • Trading platforms and tools
  • Financial instruments
  • Partner brokerage
  • Educational resources
  • Payout methods
  • Customer support

Best Funded Trading Accounts

Final Thoughts

It is a good thing that there are so many proprietary trading firms with different funded accounts to choose form. This means there is something for everyone, regardless of their experience level or trading strategy. You don’t need to go with any prop firm simply because there is a lack of choice, simply weigh up the pros and cons of each to make your decision.

No doubt, there are going to be a few things that you consider a “must have”, so this can narrow down your search right away. Following on from that, you might edge towards a prop firm that is well-known and has evidence of paying out to traders. If you still cant make up your mind, you can always consider a prop firms with a free trial to get a feel for what they offer before making a financial commitment.

Prop Trading Firms

Prop Trading Firms

ProprietaryFirms.com is a website dedicated to reviewing prop trading firms. With an increasing demand of aspiring traders who are looking to get a funded account, there are more and more prop trading firms popping up nowadays. We can help traders to find the prop firms that meet their needs.

ProprietaryFirms.com
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