World’s Best Funded Trader Accounts & Proprietary Trading Firms of 2023

Reading time: 1 min.
Updated: 21.07.2023
Best for US
Topstep trading

Topstep

Topstep is located at the Chicaco Board of Trade Building. Simply the best choice for futures trading.

Best Worldwide

Surgetrader

Trade with real money unlike many firms out there who put you on demo. Their customer support is excellent.

Best for European traders

FTMO

Great user experience and strong community. Just launched: unlimited challenge period.

Best Funded Trading Programs 2023

Click here for a summary of this article

Our team works continuously to ensure that all score components are up-to-date and relevant. It is not easy for traders to determine what a good funded trading program is. We do our best to consider all the important factors. These include: customer satisfaction, regulation and safety, the price-quality ratio, the number of trading platforms available, customer support and the level of training materials and coaching available.

  • TOPSTEP Excellent support to become a better trader. Excellent reputation and reliability. For futures trading in the US simply the best choice.
  • SURGETRADER Reliable broker with simple risk rules and excellent customer service.
  • THE TRADING PIT Trade CFDs with good conditions. New fast-growing kid on the block in the prop firm space.
  • THE5ERS is an excellent option for virtually anyone.
  • CITY TRADERS IMPERIUM Only broker where you learn profitable strategies directly from professionals.
  • FTMO Very well-known player in the market with an extensive Youtube channel and pleasant user environment. Challenge period has become unlimited as of 16th of July 2023
  • FIDELCREST Skip the nuisance and trade with a 2 million account from the get-go.

We can recommend these five companies because they meet our testing criteria. Check out the other companies on these pages for more information about their services.

FTMO

FTMO

Unlimited challenge period!
10% OFF
This page is updated regularly, so feel free to visit more often for up-to-date information and the latest discount offers.

Trading with 100k? You can do so without your own money trough funded trading.

Ok I hear you say? So I enter a challenge at a prop firm, if I pass it I get to start trading with a 100K account, and I’m a millionaire in no time?

Let us help you out of your dream in advance, if you have no experience with a trading strategy, there is no point in signing up to one of the funded trading programs on this page.

If you do have experience as a trader and want to scale up read on!

Many beginners look mainly at the challenge cost. But the commission and spread fees can cost you a lot more money!

And at many pop firms you don’t even trade with a real broker! But in reality, you are trading with a demo account and the prop firm would actually rather you not be successful. For reasons like these alone, firms that are open and honest about the broker they use and what fees they charge for trading get a higher average score from us.

1. TOPSTEP: are you a futures trader? Then work with the pros

Do you know the law of attraction? Tell me the names of your friends and I’ll predict your future.

If you have profitable traders around you who help you get better every day, helping you through coaching and live trading, then you let the law of attraction do its work.

This makes Topstep a rare and pleasant provider of funded accounts. They are ready for you to succeed in your challenge and move to become a trader with them.

And I don’t think this is the norm in the funded trading world. This is a complete education journey.

Add to that that everything is well regulated, following US law and completely transparent. Very extensive choices in trading platforms, excellent customer service and very satisfied users.

We at 247trading can’t help but be enthusiastic about Topstep.

Topstep trading

Specifications for Topstep

💸 Program Costs
$165/month, $325/month, $375/month
🏦 Available Funding
$50,000, $100,000, $150,000
🤝 Profit Sharing
100% of first $10,000, then 90% thereafter
📑 Instruments
Futures
💲 Account currency
AUD, CAD, COP, GBP, JPY, EUR, MXN, USD
🚀 Leverage
1:100
📏 Spread
Float
📱 Mobile trading
No
🏧 Withdrawal methods
Trough Deel account (Wallets, including Binance, Coinbase, Paypal, Payoneer)
🛠 Trading Platforms
DTrader, TSTrader, NinjaTrader, TradingView, Bookmap X-ray, Cunningham Trading Systems, DayTradr, InvestorRT, MotiveWave, MultiCharts, Rithmic R|TRADER Pro, Trade Navigator, Volfix.net

247trading Scores for the Topstep Trading Combine

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
9.0
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.0
Education & coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
9.9
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
9.0
Challenge and trading cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
8.0
Trading platforms and instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
9.0

Try Topstep

2. SURGETRADER: With best customer support and simple rules

Have you heard of the concept of collective intelligence? It’s said that you become the average of those you associate with. When you find yourself among successful traders, gaining insights, strategies, and tips, then you’re paving your path toward successful trading.

This is what SurgeTrader embodies, a unique proposition in the funded trading landscape. They’re waiting for you to rise to the challenge and become a part of their community of successful traders.

This level of commitment and guidance is seldom seen in the world of funded trading. SurgeTrader offers not just an opportunity to trade, but a comprehensive education in trading, and paired with clear and simple rules.

Add to this their stellar customer service and delighted user base, and it’s clear why we at 247trading are also raving about SurgeTrader.

Specifications for SurgeTrader

💸 Program Costs
Ranges from $250 for the Starter Program to $6,500 for the Master Program
🏦 Available Funding
$25,000, $50,000, $100,000, $250,000, $500,000, $1,000,000
🤝 Profit Sharing
Standard sharing is at 75%, but with an add-on purchase, you can raise this to 90%
📑 Instruments
FX, oil, metals, indices, crypto and the most popular stocks
💲 Account currency
USD
🚀 Leverage
Leverage up to 10:1 for FX, metals, oils, and indices, and 5:1 for individual stocks. Can be increased up to 20:1 for forex and metals with an add-on purchase
📏 Spread
As low as 1 point
📱 Mobile trading
Yes
🏧 Withdrawal methods
Trough Deel account (Wallets, including Binance, Coinbase, Paypal, Payoneer)
🛠 Trading Platforms
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) through Eightcap

247trading Scores for SurgeTrader

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
9.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
9.5
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
9.0
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.5

Try Surgetrader

3. THE TRADING PIT: patented trading infrastructure

Have you ever imagined being a part of an ambitious trading community that’s aimed at your growth? It’s often said that being surrounded by like-minded individuals propels us towards our goals.

When you find yourself in a community of driven traders, picking up on effective strategies and tips, you set yourself up for success in trading.

This is precisely what The Trading Pit represents, a unique space in the funded trading market. They are waiting for you to prove your skills and join their diverse network of successful traders.

The level of commitment The Trading Pit demonstrates is not often seen in the funded trading world. They offer an opportunity not just to trade, but to learn and grow as a trader, with clear rules and guidelines.

To top it all, they provide impeccable customer service, drawing praise from their users. Their trader-centric approach is why we at 247trading can’t help but admire The Trading Pit.

The Trading Pit

Specifications for The Trading Pit

💸 Program Costs
Starts from $99 for Lite to $999 for VIP in the case of CFDs and $99 to $599 for Futures trading
🏦 Available Funding
CFD Trading: $10,000, $25,000, $50,000, $100,000 / Futures Trading: $20,000, $50,000, $100,000, $250,000
🤝 Profit Sharing
Depending on the chosen program, traders get to keep 50% to 80% of the profits they make
📑 Instruments
FX/CFDs, Futures, Stocks, Cryptos
💲 Account currency
USD, EUR
🚀 Leverage
Up to 1:30
📏 Spread
As low as 0.0001 on EURUSD
📱 Mobile trading
Available on Futures Trading, via R/Trader
🏧 Withdrawal methods
At the moment, only supports bank wire transfers
🛠 Trading Platforms
For CFD Challenges: MetaTrader 4 (MT4) and MetaTrader 5 (MT5) / for Futures Challenges: ATAS, Quantower, R/Trader and Bookmap

247trading Scores for The Trading Pit

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.0
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.5
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
9.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
9.0
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
9.0
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.0

Try The Trading Pit

4. THE5ERS: trade in a daily live trading room

The philosophy ‘Master your Trades, Rule your Risks’ harmonizes with the essence of The5ers’ trading programs. It underscores the significance of controlled risk-taking and skill mastery in successful trading.

The5ers’ Bootcamp, Hyper Growth, and High Stakes Challenge programs are the embodiments of this philosophy, providing traders a platform to enhance their skills and manage their risks intelligently.

This platform encourages continuous learning and growth in a live trading environment. It assists traders in becoming masters of their trades while regulating their risks effectively.

The emphasis is not only on achieving profit targets but fostering consistency, discipline, and astute risk management, making this prop firm one of our favorites here in 24/7trading. The5ers presents a unique and rewarding proposition for traders keen on advancing their trading careers within a real-time, dynamic environment.

The5ers

Specifications for The5ers

💸 Program Costs
Entry Fees start at $95 for Bootcamp, $260 for Hyper Growth, $495 for High Stakes
🏦 Available Funding
$100,000 and $250,000 for Bootcamp, $10,000, $20,000 and $40,000 for Hyper Growth and up to $500.00 for High Stakes
🤝 Profit Sharing
Ranges from 50% in Bootcamp, to 100% in the High Stakes Challenge
📑 Instruments
FX, Metals, Indices
💲 Account currency
EUR, USD, GBP, JPY, CAD, AUD, NZD, CHF
🚀 Leverage
Up to 1:30
📏 Spread
Variable spreads
📱 Mobile trading
Yes, via MetaTrader 5 (MT5)
🏧 Withdrawal methods
PayPal, Payoneer, Coinbase, Revolut, Wire Transfer, and more through Deel
🛠 Trading Platforms
MetaTrader 5 (MT5) is the only trading platform

247trading Scores for The5ers

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
9.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
9.0
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
8.0
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
7.5

Try The5ers

5. FIDELCREST: fastest program to trade up to 2 Million USD

Most trading philosophies emphasize the importance of consistent growth and risk management.

The Fidelcrest’s Trading Challenge embodies this philosophy with its well-structured, three-phase journey that encourages traders to nurture their skills and demonstrate consistency before trading with substantial capital.

The flexibility of choosing an account size and risk level and offering unlimited free retries underscore the importance of gradual progress and learning from mistakes.

Furthermore, the absence of profit targets for funded accounts promotes unhindered growth. It’s likely why 247trading appreciates this program; it aligns with a philosophy that values continuous learning, strategic risk management, and unrestrained profit potential, empowering traders to achieve sustainable long-term success.

This synergy between philosophy and program mechanics indeed makes Fidelcrest’s Trading Challenge a compelling proposition.

Fidelcrest

Specifications for Fidelcrest

💸 Program Costs
Ranges from €99 to €399 for Micro Trader and €999 to €3,499 for Pro Trader Programs
🏦 Available Funding
$15,000 to $60,000 for Micro Trader and $250,000 to $1M for Pro Trader
🤝 Profit Sharing
80% to 90% depending on account risk
📑 Instruments
FX, CFDs, Metals, Commodities, Stock CFDs
💲 Account currency
USD
🚀 Leverage
Up to 1:100
📏 Spread
As low as .00002
📱 Mobile trading
via MetaTrader 5 (MT5)
🏧 Withdrawal methods
Wire transfer, Paypal, PaySafe
🛠 Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5) via Foreign Exchange Clearing House

247trading Scores for Fidelcrest

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
8.5
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
7.5
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
8.5
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
7.5
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.0

Try Fidelcrest

6. FTMO: best for European traders

The FTMO Challenge embodies a “disciplined risk management” trading strategy, where traders must methodically observe Trading Objectives and remain within loss limits to maximize profitability.

This strategy encourages steady growth, a concept that 247trading appreciates due to its focus on long-term sustainability. The firm’s commitment to disciplined trading, evident in its two-step evaluation process and scaling plan, resonates with 247trading’s ethos.

Its robust trading conditions, diverse tradable instruments, transparent payout system, and opportunity for growth align perfectly with a strategy that values discipline, calculated risk, and consistency.

Given this, it’s clear why we at 247trading find the FTMO Challenge an appealing platform for traders wishing to elevate their careers while adhering to a disciplined risk management strategy.

Specifications for FTMO

💸 Program Costs
€155 for a $10,000 account
🏦 Available Funding
$10,000 up to $200,000
🤝 Profit Sharing
80%, can go up to 90% with a scaling plan
📑 Instruments
Forex, Stocks, Indices, Commodities, Cryptocurrencies
💲 Account currency
USD, EUR
🚀 Leverage
Up to 1:100(forex), up to 1:30(forex) for Swing accounts
📏 Spread
as low as 0.00002
📱 Mobile trading
Yes, via MetaTrader 5 (MT5)
🏧 Withdrawal methods
Bank wire transfer, Skrill, or cryptocurrencies
🛠 Trading Platforms
MetaTrader 4, MetaTrader 5 or cTrader

247trading Scores for the FTMO Challenge

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.0
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.5
Education & coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
9.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
9.0
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
7.5
Trading platforms and instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.5

Try FTMO

7. CITY TRADERS IMPERIUM: a Pro Review

Diversifying risk is a trading strategy that aligns well with City Traders Imperium (CTI) programs. The strategy recommends traders diversify their investments across different asset classes to spread risk.

CTI’s program structure is beneficial for this strategy as it offers traders the opportunity to trade a wide range of instruments, thereby allowing diversification. This firm’s clear emphasis on risk management, consistent performance, and scalability is compatible with the strategy’s core principles.

Moreover, CTI’s tiered profit-sharing model, along with instant and direct funding options, compliments the diversified risk strategy. The firm’s programs, such as The Challenge Funded Trader Program, support traders in their growth journey, which aligns with 247trading’s value of fostering trader growth and success.

Therefore, 247trading finds CTI’s programs conducive for implementing the diversified risk strategy while allowing traders to upscale their trading effectively.

City Traders Imperium

Specifications for City Traders Imperium

💸 Program Costs
Challenge Program: $59-$509 / Instant Funding Program: $99-$949 / Direct Funding Program: $299-$5,999
🏦 Available Funding
Ranges from $5,000 to $100,000
🤝 Profit Sharing
Depending on the program, ranges from 70% to 100%
📑 Instruments
Forex, Commodities, Major Indices
💲 Account currency
USD, GBP
🚀 Leverage
Up to 1:33 for the Challenge Programs, Up to 1:10 for the Instant Funded Programs
📏 Spread
as low as 1 pip
📱 Mobile trading
Yes, via MetaTrader 5 (MT5)
🏧 Withdrawal methods
Bank wire, Cryptocurrencies, Paypal, Revolut, Wise
🛠 Trading Platforms
MetaTrader 5 (MT5)

247trading Scores for City Traders Imperium

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
9.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
9.5
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
9.0
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
8.5
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.5

Try City Traders Imperium

8. APEX TRADER FUNDING – Maximize Your Profits

If your trading strategy is based on trend-following, your trading strategy aligns well with Apex Trader Funding. This strategy involves following market trends, both bullish and bearish, to guide investment decisions.

Given Apex’s flexibility, including the freedom to trade up to 23 hours a day and during volatile periods like news events, traders can capitalize on trend shifts in real time. Apex’s generous profit-sharing model and simple rules further enable traders to focus on the strategy, enhancing potential returns.

Plus, the low-barrier fee, especially during regular sales, makes it affordable for traders to follow trends across multiple markets by operating up to 20 accounts simultaneously.

Therefore, 247trading likes Apex because it provides an affordable, supportive, and flexible environment conducive for implementing the trend following strategy while maximizing profit potential.

Apex Trader Funding

Specifications for Apex Trader Funding

💸 Program Costs
Ranges from $147 - $657 per month for Rithmic and $167 - $677 per month for Tradovate. Discounts can go for as big as -90%.
🏦 Available Funding
Ranges between $25,000 and $300,000
🤝 Profit Sharing
First $25,000 is 100% yours, thereafter 90% to you
📑 Instruments
Bonds, Commodities, Cryptocurrencies, Forex, Futures, Indices, Interest Rates, Metals, Stocks
💲 Account currency
USD
🚀 Leverage
No
📏 Spread
as low as 0.00002
📱 Mobile trading
Yes, with Tradovate
🏧 Withdrawal methods
PayPal, Payoneer, Coinbase, Revolut, Wire Transfer, and more through Deel
🛠 Trading Platforms
Free license provided for NinjaTrader 8, many other trading programs available

247trading Scores for Apex Trader Funding

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.0
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
8.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
8.0
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
9.0
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.5

Try Apex

9. MENT FUNDING – a New Standard in Funded Trading

The educational philosophy of “learning by doing” meshes seamlessly with Ment Funding’s ideologies.

This philosophy emphasizes practical application as a key component of learning, which is evident in Ment’s one-step evaluation process and pressure-free trading environment. Traders get a real-world experience of trading diverse instruments in a simulated environment, fostering growth and learning.

The firm’s partnership with mentfx, a trading education channel, provides an added layer of education, helping traders refine their skills and strategies. 247trading appreciates Ment Funding due to this effective blend of education and application, which fosters learning and performance.

In addition, the generous profit sharing, broad instrument offering, and flexibility of manual and automated trading resonate with 247trading’s preference for diverse, trader-centric platforms that provide ample opportunities for growth and profit.

Ment Funding

Specifications for Ment Funding

💸 Program Costs
Starts at $250, to as high as $7,500 depending on chosen funding
🏦 Available Funding
$25,000 to $1,000,000 (can grow to $2,000,000)
🤝 Profit Sharing
75% (90% with an upgrade)
📑 Instruments
Currencies, Indices, Commodities, Stocks, Cryptocurrencies
💲 Account currency
USD
🚀 Leverage
1:10 standard, upgradable to 1:20
📏 Spread
As low as 0.0 pips
📱 Mobile trading
Yes, via MetaTrader 5 (MT5)
🏧 Withdrawal methods
Trough Deel account (Wallets, including Binance, Coinbase, Paypal, Payoneer)
🛠 Trading Platforms
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) through Eightcap
Earn funding

Go to Ment

247trading Scores for Ment Funding

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
7.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
8.0
Education & coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
9.9
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
8.5
Challenge and trading cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
8.0
Trading platforms and instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.0

Go to Ment

10. THE FUNDED TRADER – Unlock Your Trading Potential

A disciplined risk management strategy aligns perfectly with The Funded Trader’s structured evaluation process and challenge requirements.

This strategy involves setting stop losses, diversifying trades, and adjusting positions according to market volatility, emphasizing the careful management of risks to preserve capital while maximizing profit potential.

This approach mirrors The Funded Trader’s ethos of fostering disciplined, responsible traders and aligns with their strict risk management rules and targets.

The phrase “The Funded Trader fosters a discipline-oriented trading community” aptly describes this harmony.

As for 247trading, we appreciate platforms like The Funded Trader that encourage a disciplined approach to trading. The wide range of challenges, quick payout process, and fair profit-sharing scheme combined with a focus on trader skill development and risk management match 247trading’s emphasis on fostering skillful, responsible trading.

 

Ther Funded Trader

Specifications The Funded Trader

💸 Program Costs
Standard Challenge starts at $129, Royal Challenge starts at $289, night Challenge requires $189
🏦 Available Funding
Ranges from $10,000 to as high as $400,000, depending on the challenge
🤝 Profit Sharing
80%-90%
📑 Instruments
Commodities, Cryptocurrencies, Forex, Indices
💲 Account currency
USD
🚀 Leverage
Standard and Royal Challenge: 4:20, Rapid Challenge: Swing: 1:30 Regular: 1:100, Knight Challenge: 1:30
📏 Spread
as low as 0.00002
📱 Mobile trading
Yes, via MetaTrader 5 (MT5)
🏧 Withdrawal methods
Trough Deel account (Wallets, including Binance, Coinbase, Paypal, Payoneer)
🛠 Trading Platforms
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) through Eightcap

247trading Scores for The Funded Trader

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
8.0
Education Customer Support& Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
7.5
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
8.5
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
8.5
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.0

Try The Funded Trader

11. MYFOREXFUNDS: MFF’s Funded Trading Programs Worth It?

A strategy that focuses on capitalizing on market momentum, fits perfectly well with MyForexFunds (MFF) trading programs.

This strategy involves identifying trends in forex markets and executing trades that follow these trends. It complements MFF’s emphasis on risk management and consistency, aligning with the strict rules and targets of their Evaluation and Accelerated programs.

The phrase “MyForexFunds nurtures trend-following, disciplined traders” aptly illustrates this compatibility.

At 247trading, we favor MFF because it provides ample learning opportunities, flexible programs, and a chance to trade with significant capital, matching their preference for platforms that cultivate disciplined, consistent trading and risk management.

The option of trading in a demo environment before transitioning to real money trading in MFF also parallels 247trading’s philosophy of enabling traders to learn and grow in a controlled, risk-mitigated setting.

MyForexfunds

Specifications for myForexFunds

💸 Program Costs
Ranges from $49 to $2,450, depending on the chosen program
🏦 Available Funding
Depending on the program, funding ranges from $5,000 to $300,000
🤝 Profit Sharing
Bonus starts at 12%, and 50% to 85% once funded
📑 Instruments
Spot Forex, Spot Metals, Spot CFDs
💲 Account currency
USD
🚀 Leverage
Accelerated: 1:100 (Emphatic) or 1:50 (Conventional) / Evaluation: 1:100 / Rapid 1:500
📏 Spread
Floating spread
📱 Mobile trading
Yes, via MetaTrader 5 (MT5)
🏧 Withdrawal methods
Wise, Paypal, Bank transfer, Payoneer, Revolut, Mercury via Deel, or through Cryptocurrency
🛠 Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), with cTrader coming soon

247trading Scores for myForexFunds

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
6.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
8.5
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
9.0
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.0

Try Myforexfunds

12. EARN2TRADE: Your Path to Professional Trading

247trading loves Earn2Trade due to its emphasis on disciplined and skill-focused trading. A strategy we endorse is trend-following, a method that aligns with the program’s focus on consistent, risk-managed trading. This involves identifying and following market trends, buying when prices are increasing, and selling when they’re decreasing. This strategy, when applied within Earn2Trade’s trading programs, complements their adherence to a progression ladder and focus on not exceeding daily loss limits.

Trend-following aligns with Earn2Trade’s goal of teaching traders to manage large accounts efficiently and reliably. Its compatibility with the Gauntlet Mini’s short-term focus also makes it an ideal strategy. The 80% profit share arrangement makes trend-following potentially highly profitable. Thus, 247Trading finds Earn2Trade appealing as it supports the application of proven strategies while minimizing financial risk and encouraging disciplined, long-term career progression.

Earn2Trade

Specifications for Earn2Trade

💸 Program Costs
starts $150/month for The Trader Career Path
🏦 Available Funding
Manage up to $400,000 upon passing the evaluation program
🤝 Profit Sharing
80%
📑 Instruments
Futures (CME, CBOT, NYMEX, COMEX )
💲 Account currency
USD
🚀 Leverage
None
📏 Spread
as low as 0.00004
📱 Mobile trading
Yes, with R Trader
🏧 Withdrawal methods
PayPal, Payoneer, Coinbase, Revolut, Wire Transfer, and more through Deel
🛠 Trading Platforms
NinjaTrader, Finamark, R Trader, R Trader Pro, Overcharts. Other platforms are supported if you have the license.

247trading Scores for Earn2Trade

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.0
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
8.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
8.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
9.0
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
8.0
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
7.0

Try Earn2Trade

13. BLUE GUARDIAN: Unleash Your Trading Potential

We advocate the swing trading strategy, aiming to capture gains in a stock within an overnight hold to several weeks. This technique, blending patience and thorough market analysis, fits perfectly within Blue Guardian’s program design.

Swing trading capitalizes on short-term price momentum, aligning with the program’s profit targets in both phases.

The Guardian Protector tool can be a critical aid for swing traders, acting as a safety net during uncertain market shifts. Coupled with a generous 85% profit-sharing scheme and bi-weekly payouts, swing trading under Blue Guardian becomes an attractive prospect, reinforcing why 247Trading endorses this platform.

The focus on skills, discipline, and flexibility enables traders to effectively utilize swing trading for optimal profits.

247Trading likes Blue Guardian’s emphasis on disciplined trading and flexible evaluation periods, particularly with their Unlimited Guardian Program.

Blue Guardian

Specifications for Blue Guardian

💸 Program Costs
Standard Guardian Program: $97 to $997 / Unlimited Guardian Program: $87 to $957
🏦 Available Funding
$10,000 to $200,000
🤝 Profit Sharing
85%
📑 Instruments
FX, FX Exotics, Indices, Gold & Commodities, Cryptos
💲 Account currency
USD
🚀 Leverage
Up to 1:100 Maximum Leverage
📏 Spread
As low as 0.00002
📱 Mobile trading
Yes, via MetaTrader 5 (MT5)
🏧 Withdrawal methods
via Deel: Bank Transfer, Deel Card, Coinbase, Paypal, Payoneer, Revolut, Wise etc
🛠 Trading Platforms
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) through Eightcap

247 Scores for Blue Guardian

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
7.0
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
8.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
7.5
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
8.5
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
8.5
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
7.5

Try Blue Guardian

14. FUNDEDNEXT: Earn profits while doing the trading challenge

At 247 Trading, we are always on the lookout for fresh and exciting prop trading firms, and FundedNext is here to challenge the other more established firms.

It brings new features, such as profit-sharing during the challenge phase and at the same time, placing no limits on trading challenges.

Despite being relatively new to the industry, FundedNext appears to be on its way to the top of the pile. And we will be putting a close eye on them, and watch as they further develop to be among the best prop trading firms.

FundedNext

Specifications for FundedNext

💸 Program Costs
Program varies depending on funding level, starts at $49 up to $999
🏦 Available Funding
From $6,000 up to $300,000
🤝 Profit Sharing
15% at the Challenge Phase, and 90$ once funded
📑 Instruments
Forex, Futures, Indices, Commodities
💲 Account currency
USD, EUR
🚀 Leverage
Up to 1:100
📏 Spread
Offers raw spreads
📱 Mobile trading
Yes, via Meta Trader 5 (MT5)
🏧 Withdrawal methods
Bank Transfer, Perfect Mone, Deel
🛠 Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5)

Try FundedNext

247trading Scores for FundedNext

Trustworthiness
iIf the company has an official broker license, the score is higher. If the license was obtained in countries with strict regulation and supervision, that is a score-raiser.
8.5
User Satisfaction
iWith this score, we survey online from as many sources as possible to see if customers are satisfied. The speed of payouts weighs heavily in this regard.
9.0
Education & Coaching
iThis score is based on the amount and quality of learning materials, coaching offerings, and live traders.
8.0
Customer Support
iIs the company easy to reach by phone, email or chat? We sent questions to all companies through multiple avenues and looked at the speed of responses and the level of responses.
8.0
Challenge and Trading Cost
iBeginners often look at the cost of a challenge. The challenge cost should be weighed against the quality of the overall product. But the hidden costs are in the trading itself. So we look at Commissions and (variable) spreads. With low trading costs and transparency, the score falls higher.
9.0
Trading Platforms and Instruments
iThe more instruments you can trade with the provider and the more choice of trading platforms you have, the higher the score.
8.5

Try FundedNext

Frequently asked questions about funded trading

What is funded trading?

Funded trading is trading on behalf of a company. With a funded trading account, the company provides you with capital to trade with.

How to get a funded trading account?

After opening an account, you must pass for a challenge to prove your skills. Funded trading platforms will verify your skills, risk management skills, and trading approach. After passing the verification you will be funded by the company and split the profit

Can I avoid the pattern day trading rule trough funded trading?

Yes, one of the benefits of trading through a funded account is that the pattern day trading will not affect you.

Is my trading style suitable for the funded trading program I want to join?

Your risk management can vary based on your trading style. Are you a scalper, day trader or swinger trader? Also, ask yourself if you are a conservative or an aggressive trader. Check each program's risk and drawdown rules before deciding which suits your trading style best.

Do I get to trade with real money?

In the verification stage you we always trade on demos. Once funded a lot of programs still let you trade on demos. It is important to choose legit programs with real broker licenses.

What are the common criteria for selection in a funded trading program?

Criteria for selection may vary, but most trading firms look at your trading history, your risk management ability, and the consistency of your trading results. Most may require you to pass a trading challenge.

How much trading capital do funded trading programs offer to traders?

The funding amount can vary depending on the trading program. Funding amount typically ranges from $5,000, up to as high as $4,000,000 with a scaling program.

Are there any fees involved in funded trading programs?

Some funded trading programs may charge an upfront fee for the evaluation process or for access to their educational resources. Some of them may also refund the fees after passing their evaluation programs.

What happens if I lose money in a funded trading program?

If you lose money, it will be absorbed by the firm up to the drawdown limit. However, if losses exceed the drawdown limit, the funding agreement may be terminated.

What is a drawdown limit in a funded trading program?

A drawdown limit is the maximum allowed drop in account value from its peak, usually expressed as a percentage. If a trader hits or exceeds this drawdown limit, it often means the termination of the funding contract.

What is a profit split in a funded trading program?

A profit split refers to the percentage of profits that the trader gets to keep. The remaining portion goes back to the funding firm. The percentage split can vary between different funded trading programs.

How often can I withdraw my profits in a funded trading program?

This depends on the terms of the specific funded trading program you're enrolled in. Some may allow monthly withdrawals, while others might set a different withdrawal schedule.

Do funded trading programs provide training?

Some funded trading programs provide training materials and resources to help you improve your trading skills. However, the level and quality of training provided can vary between programs.

Can I trade full-time with a funded trading program?

Yes, many traders use funded trading programs to trade full-time, and or as a living. However, it requires a high level of skill, consistency, and good risk management.

What are the typical contract terms with a funded trading program?

Typical contract terms may include profit splits, maximum drawdown, and other rules such as the minimum trading days. Each program has its own set of rules and they can vary widely.

Are there any restrictions on the trading strategies used in funded trading programs?

Most funded trading programs may have restrictions on the types of trading strategies that can be used. Some programs may have simple rules and restrictions, while some may have more complicated set of rules.

Can I choose my own broker in a funded trading program?

In most cases, the funded trading program will have an affiliated broker that you'll be required to use. It's important to research the broker's reputation, platform, and fees before signing up for the program.

How long does the evaluation period typically last in a funded trading program?

The duration of the evaluation period can vary widely from program to program. It could be a few weeks to a few months. The key factor is usually the trader's ability to meet the program's performance targets consistently.

Can I participate in a funded trading program from anywhere in the world?

Most funded trading programs operate online, allowing traders from all around the world to participate. However, it's important to check any location restrictions before signing up for a program.

What happens if I fail the evaluation program, of if my funded trading contract is terminated?

If your contract is terminated, or you fail the evaluation due to hitting the drawdown limit or violating the program rules, you may be able to try again depending on the program's policies. Some programs might require a waiting period or an additional fee.

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