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Home/Blog/10 Best Prop Firms 2025 | List of Top-Rated Forex Prop Trading Firms
Author
FTM Team
Published
Nov 17, 2025
Read Time
5 min read

10 Best Prop Firms 2025 | List of Top-Rated Forex Prop Trading Firms

Forex proprietary trading in 2025 is more popular than ever. All over the world, traders are gaining access to significant capital without risking their own money. In this model, the prop firm provides the funds and the trader focuses on generating profits while following clear rules and risk management guidelines. This arrangement allows traders to focus entirely on strategy and execution, while the firm handles capital allocation.

However, not all prop firms are the same. Some excel in offering lightning-fast payouts. Others stand out for their variety of trading platforms, generous scaling plans, or trader-focused educational resources. Choosing the right firm can have a direct impact on your long-term success.

To help you make that decision, we have researched and compared the most reputable companies in the industry. The result is this list of the top 10 new & old Forex prop trading firms in 2025. Each one brings unique strengths and is suited to different trading styles, budgets, and levels of experience. 

How to Choose the Best Prop Trading Firm - What to Look for:

When searching for the best prop firm, many traders focus only on the profit split percentage. While this is important, there are several other factors that can determine whether a firm is a good match for your goals and style. Consider the following points when making your decision:

  • Funding Range and Scaling Opportunities: Look at the minimum and maximum account sizes as well as whether the firm offers scaling plans to increase capital over time.
  • Profit Split: A high split is attractive, but the consistency of payouts and the firm's reliability are just as important.
  • Challenge Structure: Decide if you prefer a One-Step, Two-Step, or Instant Funding model based on your trading style and comfort with evaluations.
  • Payout Speed and Reliability: Fast and reliable payouts are essential. See if the firm offers guarantees or compensation for delays.
  • Platforms Supported: Make sure the platforms you prefer, such as MT4, MT5, cTrader, MatchTrader, or TradeLocker are available.
  • Rules and Restrictions: Review the firm's daily loss limits, maximum drawdown policies, and any restrictions on instruments or trading strategies.
  • Support and Community: Strong customer support and access to resources like webinars, trade analysis, and trader communities can help you improve and stay motivated.

Keeping these criteria in mind will help you choose a firm that not only provides capital but also supports your growth as a trader.

See Also: What is Prop Trading? Beginner’s Guide To Forex Trading


1. Funded Trader Markets (FTM)

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Funding Range: $5K to $300K
Profit Split: Up to 100%
Platforms Supported: MT5, cTrader, Trade Locker, MatchTrader
Payout Speed: On-demand (usually within 2 hours)

Funded Trader Markets (FTM) distinguishes itself through transparent rules, trader-first design, and unmatched payout speed. The firm offers 1-Step, 2-Step, and Instant Funding programs, giving traders the freedom to choose between fast-track funding or structured evaluations. The enhanced 2-Step Plus model completely removes the consistency rule, allowing traders to perform freely without constraints while maintaining sound risk management.

FTM’s infrastructure is built for performance and fairness. It operates its own broker servers, providing low latency and stable execution across all instruments; forex pairs, indices, commodities, and cryptocurrencies. The platform is swap-free by default, including mid-week and weekend trading, allowing traders to hold positions overnight without extra costs.

There’s no payout cycle at FTM. Traders can request withdrawals at any time once eligible, with most transactions processed in about two hours. The company also guarantees payout completion within 24 hours, or compensates traders with double the payout amount. This combination of flexibility and reliability makes FTM one of the fastest-paying and most trusted firms in the industry.

Another major advantage is its pricing. FTM’s challenges are often up to 50% more affordable than those of other leading firms. Its balance-based trailing drawdown, applied to Instant accounts, is more sustainable than the equity-based models competitors use, since it only counts closed trades. For 2-Step accounts, FTM applies a static overall drawdown, offering clear and stable risk parameters.

The firm’s scaling plan (Pioneer, Legend, and VIP) enables funded accounts to grow by up to 40%, and VIP-level traders can earn $1,000 to $5,000 monthly in bonuses by meeting profit and volume milestones. Combined with 24/7 live support, swap-free conditions, FTM delivers a best-in-class environment for both new and professional traders.

Why We Chose Funded Trader Markets (FTM)

FTM provides the perfect blend of affordability, speed, and flexibility. With true on-demand payouts, swap-free trading, sustainable drawdown models, and a fair consistency framework, it stands out as one of the most balanced and trader-friendly prop firms in 2025.

Pros & Cons

Pros:

  • True on-demand payouts (average 2-hour processing)
  • Swap-free trading; even mid-week and weekends
  • Challenges up to 50% cheaper than competitors
  • Balance-based trailing drawdown for Instant accounts
  • Flexible challenge types with and with/without consistency rule
  • 24/7 live global support

Cons:

  • Limited platform customization options
  • Requires discipline to avoid drawdown rule breaches.


Read More: Why You Should Choose To Trade With Funded Trader Markets?

2. The 5%ers

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Funding Range: $5K to $100K
Profit Split: 80 to 100 percent
Platforms Supported: MT5, cTrader

The 5%ers provide Three-Step, Two-Step and Instant Funding funding challenges, with automatic scaling for traders who meet performance goals. Tight spreads make it appealing for scalpers. Weekly market reports and risk management workshops help traders improve their skills and stay informed.

Founded in 2016, the firm has earned loyalty through transparent account progression rules and a strong commitment to trader education.

Why We Chose The 5%ers

This firm has built trust over years of consistency and educational focus. The 5%ers are ideal for traders who value structure, mentorship, and professional growth.

Pros & Cons

Pros:

  • Excellent trader education and mentorship programs
  • Structured growth and scaling model
  • Wide range of trading instruments

Cons:

  • Evaluation process can be lengthy
  • Slower payouts compared to competitors
  • Conservative profit targets for scaling
  • Payout cycle: Every two weeks (bi-weekly)

3. Funding Pips

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Funding Range: $5K to $100K
Profit Split: 90 percent
Platforms Supported: MT5, cTrader, MatchTrader

FundingPips offers One-Step, Two-Step, and Instant Funding programs.The fixed 90 percent profit split provides clarity on earnings. In-platform live chat ensures quick assistance when needed.

Daily performance dashboards and monthly market summaries help traders refine strategies and track progress toward their goals.

Why We Chose Funding Pips

Funding Pips offers a simple and transparent model with fair pricing and profit share. The firm focuses on providing reliable technology and responsive support.

Pros & Cons

Pros:

  • Quick evaluation results
  • Fast account setup and responsive support
  • Affordable challenge fees

Cons:

  • Fewer educational resources
  • Limited maximum funding amount
  • Platform variety narrower than top firms
  • Payout cycle: Every 5 business days (“Tuesday Pay Day” model)


4. FundedNext

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Funding Range: $10K to $200K
Profit Split: 80 to 95 percent
Platforms Supported: MT4, MT5, cTrader, MatchTrader

FundedNext offers One-Step, Two-Step and Instant Funding challenges, each unlocking higher profit splits and funding amounts. A guaranteed 24-hour payout policy, plus bonus credits for any delay, builds trust with traders.

Easy-to-follow membership terms make the programs accessible for both beginners and experienced professionals. Integration guides and regular newsletters add extra value.

Why We Chose FundedNext

FundedNext stands out for a published 24‑hour payout processing commitment, backed by clear documentation and multiple program types (One‑Step, Two‑Step, Instant). The breadth of platforms and steady updates make it a practical option for traders who want speed with dependable support.

Pros & Cons

Pros:

  • Guaranteed 24-hour payout processing
  • Transparent and trader-friendly structure
  • Flexible account options (One-Step, Two-Step, Instant)
  • Generous scaling opportunities

Cons:

  • Evaluation phases can feel repetitive
  • Limited support for advanced trading tools
  • Regional platform restrictions for some users
  • Payout cycle: First withdrawal is available after 21 days for Stellar 2-Step and Stellar Lite, and after 5 days for Stellar 1-Step accounts.

5. FTMO

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Funding Range: $10K to $200K
Profit Split: 80 percent
Platforms Supported: MT4, MT5

FTMO uses a two-step evaluation process to enforce strong risk management. Profit split is set at 80 percent, but it can scale up to 90 percent through the firm’s scaling plan. Daily and weekly drawdown limits protect traders from excessive losses.

One of the most recognized names in the industry, FTMO offers extensive training materials and sample strategies to help new traders succeed.

Why We Chose FTMO

FTMO is one of the industry’s most established names, combining disciplined evaluations with rich education and analytics. Its well‑documented scaling plan and consistent reward cadence give traders a proven framework to grow capital while maintaining robust risk controls.

Pros & Cons

Pros:

  • Highly reputable and trusted worldwide
  • Comprehensive trader resources and analytics
  • Consistent and reliable payouts
  • Excellent support and community presence

Cons:

  • High evaluation fees compared to the market
  • Longer verification timelines
  • Higher evaluation difficulty for beginners
  • Payout cycle: Minimum 14 days after the first trade

6. Seacret Funded

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Funding Range: $5K to $100K
Profit Split: 80 percent
Platforms Supported: MT5, cTrader

SeacredFunded provides fast approvals for both One-Step and Two-Step challenges. A 5 percent referral bonus and monthly webinars show their dedication to trader development. Withdrawals are typically processed within 3 to 5 days.

The transparent fee structure and user-friendly interface have helped the firm grow quickly. Licensing and regulatory compliance add credibility.

Why We Chose Seacrest Funded

Seacrest Funded (formerly MyFundedFX) offers multiple evaluation paths and practical payout options with clear rules and widely used platforms. It’s a solid fit for traders who want straightforward terms and community‑backed resources without excessive complexity.

Pros & Cons

Pros:

  • Fast evaluation approval
  • Transparent fee structure
  • Supportive community and educational events

Cons:

  • Smaller maximum funding options
  • Fewer challenge variations
  • Payout cycle: Every 14 calendar days


7. Goat Funded Trader

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Funding Range: $5K to $400K
Profit Split: 80 percent
Platforms Supported: MT4, MT5

Goat Funded Trader attracts scalpers with competitive spreads and a demo-account refund policy. Their One-Step, Two-Step, Three-Step and Instant Funding challenges provide flexibility.

Traders also benefit from monthly performance reports and 24/7 customer support. The platform is kept stable through regular updates, and users often praise its professionalism.

Why We Chose Goat Funded Trader

This firm attracts active traders with its flexible plans, strong technology, and generous payout ratio.

Pros & Cons

Pros:

  • Various challenge options available
  • Responsive customer support

Cons:

  • Inconsistent payout timing during high volume periods
  • Refund policies vary by country
  • Payout cycle:  Every 14 calendar days. An add-on must be purchased for “on-demand” .


8. Alpha Capital

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Funding Range: $5K to $200K
Profit Split: 80 percent
Platforms Supported: MT4, MT5, cTrader

Alpha Capital focuses on risk management through position limits and weekly performance reviews. A portfolio dashboard gives traders a clear view of their habits and progress.

The firm operates under full regulatory licenses and frequently updates its platform based on trader feedback. A referral program offers additional earning potential.

Why We Chose Alpha Capital

Alpha Capital emphasizes disciplined risk with transparent documentation and modern tooling, including clearly defined max/trailing drawdown mechanics. For traders who value rule clarity and a professional environment, it provides a dependable, process‑driven path to funding.

Pros & Cons

Pros:

  • Advanced risk analytics tools
  • Transparent scaling policy

Cons:

  • Limited for aggressive traders
  • No instant funding model
  • Payout cycle: Bi-weekly, or on demand if the consistency rule is met.


9. Maven Trading

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Funding Range: $10K to $100K
Profit Split: 80 percent
Platforms Supported: MT4, MT5

Maven Trading offers One-Step, Two-Step, Three-Step and Instant Funding challenges and emphasizes education, offering advanced risk management tools and weekly webinars. Detailed reports with visual analytics allow traders to spot strengths and weaknesses in their performance.

The company maintains a community of select traders and provides personalized feedback. Transparent fees help avoid unpleasant surprises.

Why We Chose Maven Trading

Maven focuses on accessibility and cost‑efficiency, pairing low‑cost challenges with frequent payout windows and an easy‑to‑use dashboard. Its public docs and active help center make it beginner‑friendly without sacrificing the essentials experienced traders expect.

Pros & Cons

Pros:

  • Excellent trader analytics dashboard
  • Regular live webinars and mentorships
  • Clear, fixed challenge costs

Cons:

  • Smaller maximum funding
  • Limited platform features
  • Payout cycle: 10 days

10. Blueberry Funded

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Funding Range: $5K to $200K
Profit Split: 80 percent
Platforms Supported: MT4, MT5, cTrader

BlueberryFunded offers One-Step, Two-Step, Three-Step and Instant Funding programs with flexible risk rules that make it beginner-friendly. Demo-account refunds and detailed monthly performance reports give traders tools to refine their approach.

Fast approvals, a clean platform interface, and a mobile-friendly evaluation system make it easy to trade from anywhere.

Why We Chose Blueberry Funded

Blueberry Funded is broker‑backed and transparent about payouts, offering standard bi‑weekly cycles with optional 7‑day add‑ons. The combination of familiar platforms, clear help resources, and scaling potential makes it a sensible pick for traders who want predictability.

Pros & Cons

Pros:

  • Beginner-friendly onboarding
  • Mobile and web compatibility
  • Fast account setup and support

Cons:

  • Limited advanced analytics tools
  • Payout processing takes longer than some peers
  • Payout cycle: Default 14 days


Comprehensive Comparison of the Best Forex Prop Trading Firms



Firm

Challenge Types

Profit Split

Max Funding


Funded Trader Markets

One-Step, Two-Step, Instant

100 to 80 percent

$1M

The 5%ers

Three-Step, Two-Step, Instant

80 to 100 percent

$500K

FundingPips

One-Step, Two-Step, Instant

90 percent

$300K

FundedNext

One-Step, Two-Step, Instant

80 to 95 percent

$300K

FTMO

Two-Step

80 to 90 percent

$400K

SeacredFunded

One-Step, Two-Step

80 percent

$400K

Goat Funded Trader

One-Step, Two-Step, Three-Step, Instant

95 percent

$400K

Alpha Capital

One-Step, Two-Step, Three-Step

80 percent

$700K

Maven Trading

One-Step, Two-Step, Three-Step, Instant

80 percent

$200K

BlueberryFunded

One-Step, Two-Step, Three-Step, Instant

80 percent

$400K

Table Insight: This chart provides a quick view of the challenge types, profit splits, maximum funding limits, and payout speeds for each firm. Use it to compare options and identify the one that best fits your trading goals and risk tolerance.

Our Recommended Prop Firm

All of the firms listed here have strong points, but if we had to choose one, it would be Funded Trader Markets (FTM). The combination of fast on-demand payouts, high profit splits, a wide range of challenge types, and a well-structured scaling plan makes FTM an excellent choice for both new and experienced traders. The clear rules, attentive support team, and proven reliability make it our top pick for 2025.


FAQs

1. Do prop firms actually pay traders?
Yes — reputable prop firms genuinely pay traders their share of profits, provided the firm’s rules are followed. Top-rated companies like FTM, FTMO, and The 5%ers maintain transparent payout policies and automated systems to ensure consistency. Always review payout terms, methods, and community feedback before committing to a program.

2. How do I qualify for funding?
To receive funding, traders must usually complete an evaluation or challenge phase — often a one-step or two-step process. This phase measures profitability, drawdown control, and rule adherence. Once approved, traders manage live capital under real trading conditions and receive profit splits according to firm-specific rules.

3. What platforms do most prop firms use?
Most major prop firms offer trading on MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as these remain industry standards for forex and CFD trading. However, many now also include cTrader, MatchTrader, and TradeLocker, catering to modern traders who prefer faster execution and advanced charting features. Choosing a firm with your preferred platform ensures smoother strategy integration.

4. Which prop firm is best for beginners?
Firms such as FTM, Blueberry Funded, Seacrest Funded, and The 5%ers are ideal for newcomers due to their straightforward challenges, transparent fees, and supportive communities. They often offer beginner-friendly risk rules and educational content to help traders build consistency before scaling up.

5. How can I increase my funded account size?
Several firms, including FTM, FTMO, and The 5%ers, offer structured scaling plans that let profitable traders grow their funded capital. Traders who meet performance and risk criteria over time can increase account size — sometimes by as much as 40–100%. This system rewards disciplined, consistent trading and encourages long-term development.

About The Author

FTM Team

Funded Trader Markets Team

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