5 Best Prop Trading Firms For Futures 2021: A Trader's Perspective (2024)

Trading futures is not always a possibility at every single firm. However, the lucky thing is that with prop firms, futures are more often than not available to you.

So, a new problem arises, with many of these prop firms offering futures trading, how do you choose which firm to use?

Well, I’ve got you covered! Below, you will find my top picks for the 5 best prop trading firms for futures (from my research and personal experience).

But first, let’s see an overview of these firms.

Table of Contents

Best Prop Trading Firms For Futures Overview

Prop FirmFundingProfit SplitFees
TopStep Trader$50,000-$500,00080%-100%$165-$275 (Monthly)Open
FTMO$25,00-$2,000,00080%-90%$270-$1,217 (One Time)Open
My Forex Funds$324,000-$1,350,0050%$99-$2,450 (One Time)Open
Leeloo$25,000-$100,000100% - 80% - 90%$68-$154 (Monthly)Open
Surge Trader$25,00-$1,000,00075%$200-$6,500 (One Time)Open

Topstep Trader

If you’re looking for one of the absolute best trading firms for futures, Topstep might just be the option for you. They are based out of Chicago and are a highly-trusted source.

The profit split is really great at 80% and you even get to keep 100% of your profits on your first $5,000.

This company opened up in 2012 and they’ve built a steady following through the years. Their site is user friendly and you can choose the funding option that works best for you on either Futures or Forex trading.

Finally, you have resources, like coaching from professional traders at your fingertips.

Topstep Trader Programs

Topstep offers both futures and forex so I shared both types of programs below. On their setup, you get 100% of your profits on the first $5,000 and 80% forever after that.

TypeFunding AmountMonthly FeeProfit Split
Futures$50,000$16580%
Futures$100,000$32580%
Futures$150,000$37580%
Forex$200,000$12580%
Forex$300,000$16580%
Forex$500,000$27580%

Their Pros

  • 1:100 leverage is really helpful
  • Digital coaching from professional traders
  • The fees are pretty cheap for the buying power
  • The 2-step evaluation process is easy to work through
  • You can get up to $500K buying power
  • You keep 100% of profits on the first $5,000

Their Cons

  • They keep their rules pretty tight but this should offer some sense of security
  • No weekend holding is allowed on any trading

FTMO

5 Best Prop Trading Firms For Futures 2021: A Trader's Perspective (2)

Get serious with FTMO. This company was designed for serious traders that are willing to put in the work and you can tell that by the evaluation process and the tiers they have.

They are based in the Czech Republic and they have a stellar reputation.

If you choose to use FTMO, plan for a 2-step verification process and some limitations until you are verified and meet your challenge as needed.

However, once you start hitting those milestones, I think you will agree with me and all of the other pleased customers in their line. Their profit split is up to 90% but typically 80%.

FTMO Programs

TypeFunding AmountOne Time FeeProfit Split
Scaling$25,000$27080%
Scaling$50,000$39080%
Scaling$100,000$60980%
Scaling$200,000$1,21790%

Their Pros

  • You face zero risk once you pass the evaluation and get funded
  • This company offers awesome support to traders
  • 2-step evaluation process for serious traders
  • 80-90% profit splits, nothing less
  • Highly-rated prop firm for futures

Their Cons

  • The evaluation can be challenging to pass since it was designed for serious traders
  • It’s hard to find clear definition of the programs just checking out the site

My Forex Funds

5 Best Prop Trading Firms For Futures 2021: A Trader's Perspective (3)

This futures prop trading firm lets you in with no evaluation. Now, they do have different levels of access so you may have to do the evaluation for some of the higher levels.

Still, entry is easy access and then you can build. When you hit your first target, they refund your registration fee and then you get a 50% split after that.

The programs are based on experience levels and what you plan to do under the program. You might not need the high-end sides that require evaluation.

Once you get started, there is no time limit to meet any challenges so you get to move at your own pace.

My Forex Funds Programs

TypeFunding AmountOne Time FeeProfit Split
Accelerated Scaling$324,000$9950%
Accelerated Scaling$405,000$24550%
Accelerated Scaling$540,000$48550%
Accelerated Scaling$1,080,000$97050%
Accelerated Scaling$1,350,000$2,45050%

Their Pros

  • You can scale up to higher funding and experience usage
  • Your registration fee is refunded as the first milestone
  • You can reach targets on your own timeline
  • There is no evaluation needed to get going
  • Assured funding can reach high level up to $1.35 million

Their Cons

  • You are limited on how far you can go without an evaluation
  • This is limited to a 50% profit share, which doesn’t start until you reach your first target

Leeloo

5 Best Prop Trading Firms For Futures 2021: A Trader's Perspective (4)

Leeloo is all about customizing your trading experience with your own strategy. They don’t have a daily drawdown and you can get a free Ninja license to work with.

They are a highly-rated prop firm, particularly for futures trading but really for any type of training.

With Leeloo, you get the flexibility to do things your own way. On the first $8,000, your split is 100% of the proceeds and after that, you get a solid 80% for a year and then 90% the next year.

Leeloo Programs

The program at Leeloo comes in 3 choices. Each of the choices follows the same split I mentioned just above.

TypeFunding AmountMonthly FeeProfit Split
Aspire$25,000$68100% - 80% - 90%
Launch$50,000$81100% - 80% - 90%
Leeloo Express$100,000$154100% - 80% - 90%

Their Pros

  • Company has been around since 2008
  • The ability to trade with your own strategy
  • Great profit split setup that works for you
  • There are no scaling tricks to watch for
  • Their reputation is really great
  • You get a free Ninja license key

Their Cons

  • Even though they’ve been in business a long time, it’s still challenging to find a lot about them.
  • Their funding limit is only $200K

Surge Trader

5 Best Prop Trading Firms For Futures 2021: A Trader's Perspective (5)

Surge Trader is a prop firm that is heavily underrated when it comes to options. But they can help you out with futures, forex, stocks, and even crypto specific programs.

Here, you can take advantage of your own skills and goals to capitalize on the return that you specifically want.

Surge Trader has a scalable design and you will get to keep up to 75% of your profits based upon their scale. They do have an audition once you get started.

This is their equivalent of a challenge and you have as much time as you want or need to pass the audition.

Surge Trader Programs

Surge Trader’s programs are scalable and each program returns up to 75%. Specific details were nowhere to be found.

TypeFunding AmountOne Time FeeProfit Split
Starter$25,000$20075%
Intermediate$50,000$35075%
Seasoned$100,000$70075%
Advanced$250,000$1,70075%
Expert$500,000$3,50075%
Master$1,000,000$6,50075%

Their Pros

  • The audition, or challenge, can be done without a deadline
  • This company is based out of Naples, Florida
  • Scalable profits that go up to 75%
  • They have multiple platforms and programs
  • No minimum trading days so you have more flexibility

Their Cons

  • They require an application but not a formal evaluation
  • Their packages are a little bit on the pricy side as opposed to competitors out there
5 Best Prop Trading Firms For Futures 2021: A Trader's Perspective (2024)

FAQs

What are the most reputable futures prop firms? ›

Quick Look: Best Prop Trading Firms
  • Best Futures Trading Prop Firm: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Stock Traders: Trade the Pool.
  • Best for Forex, Indices and Metal Traders: The 5%ers.
  • Best for Seasoned and Undercapitalized Traders: Top One Trader.
  • Best for Instant Funding: Instant Funding.
Jun 7, 2024

Which prop firm is the most reliable? ›

Overview: Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

Which prop firm is the cheapest? ›

Cheapest Prop Firms Forex 2024 - with $5K Funding Accounts...
  1. The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
  2. FTMO. ...
  3. MyForexFunds. ...
  4. Earn2Trade. ...
  5. The Funded Trader Program. ...
  6. OneUp Trader. ...
  7. Apex Trader Funding. ...
  8. True Trader.
Feb 27, 2024

Who is the worlds best futures trader? ›

Best Futures Traders in the History of Futures Trading
  • Richard Dennis and the Turtle Traders. ...
  • Paul Tudor Jones. ...
  • Ed Seykota. ...
  • Bruce Kovner. ...
  • Larry Williams. ...
  • The Lessons from the Legends.
Feb 25, 2024

Which prop firm is better than FTMO? ›

FTMO 's top competitors in June 2024 are: FunderPro, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

What is the most trusted prop firm in 2024? ›

Overall. FTMO is one of the most popular, transparent, and supportive proprietary trading firms you're going to find and their profit splits are second to none.

Did FTMO ban US traders? ›

In what appears to be related to the latest MetaQuotes crackdown on the proprietary trading landscape, prop firm FTMO has stopped onboarding US clients, Finance Magnates has learned. New traders attempting to register from a US IP address were unable to complete the registration form.

How do I choose a prop trading firm? ›

Don't just pick the first prop trading firm you find. Choose one with a good reputation, support for traders, good tools, safety measures, fair costs, and a friendly community. This way, you can trade smarter and have a better chance at success.

Which prop firm has the tightest spreads? ›

Audacity Capital is one of the oldest Forex prop firms with tight spreads which allows traders to speculate on diverse markets and provides low-cost funding accounts.

What are the negatives of prop firms? ›

Among many other potential factors, the main disadvantages of prop trading arise from being classified as a market professional, unfavorable profit sharing, and whether your net trading profits are taxed as capital gains or ordinary personal income.

Which prop firm has the best payouts? ›

FunderPro stands out for its rapid payouts in the prop trading industry. With some competitors taking weeks to process payouts, FunderPro prioritizes swift transactions, ensuring traders receive their earnings promptly.

What is the oldest prop trading firm? ›

{quote} FTMO (unless you are a US citizen), The5ers, and City Traders Imperium are the three oldest prop firms, and probably the only ones with 5+yrs reputable history of reliable payouts. I'd start with those three. Audacity is from 2012.

Is there any free prop firm? ›

There are unique opportunities to get a free prop firm challenge account for forex. The current competition in the prop firm industry has created new offers to attract traders. Many forex prop firm challenge offers include smaller accounts, lower challenge fees, and refunds upon passing.

How much is a 100k prop firm challenge? ›

With prop firms, you buy a challenge for $500, and you're able to pass it. You will then be funded with $100,000 with a maximum loss of 12% or $12,000. With proper risk, you can make even the $500 back in a flash.

Are prop firms trustworthy? ›

While these laws applied to banks, not all independent prop companies in operation today are covered by the Volcker rule. Prop businesses nowadays are utterly unregulated and far apart from the banking industry. As a result, these internet prop companies are legitimate and not a fraud.

What platform do professional futures traders use? ›

Best for Dedicated Futures Traders NinjaTrader

We chose NinjaTrader as the best platform for dedicated futures traders because it offers multiple low-cost pricing options; low margin rates; and access to strong desktop, web, and mobile platforms that support direct trading from customizable charts.

What is the best futures trading broker? ›

Best Futures Trading Platforms
  • tastytrade - Best for casual futures traders.
  • Interactive Brokers - Best for professional futures trading.
  • TradeStation - Great platforms and low commissions.
  • E*TRADE - Best trading platform for beginners.
  • Charles Schwab - Best for futures market research.
Mar 21, 2024

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