Best Futures Prop Firms In 2023 - The European Business Review (2024)

Are you a futures trader seeking to level up? Partnering with the best futures prop firms can provide the tools and resources you need for success. Proprietary trading, or prop trading, has gained traction as an investment strategy, benefiting both traders and financial institutions. This approach allows traders to utilize company capital for trading various instruments, while institutions tap into market profits beyond client commissions.

Discover the advantages and insights of the best prop trading firms and how they can empower you to excel in the world of futures trading.

The 4 Best Futures Prop Firms

Bulenox

Here, professionals and beginners alike gain unprecedented access to global financial markets, all without risking their own funds. The secret sauce? Bulenox’s fusion of extensive trading wisdom and cutting-edge tech.

In the ever-evolving world of crypto trading, Bulenox shines as a trailblazing prop trading firm. Rather than shying away from the crypto market’s unpredictability, Bulenox harnesses its potential and invites traders to dive into this distinct arena.

Don’t let its unconventional approach mislead you, Bulenox stands firmly by its traders, offering them a wealth of educational resources and a skilled customer support squad.

Why choose Bulenox?

  • Flexible trading conditions, accommodating those refining their strategies.
  • Unique crypto prop trading that matches the market’s dynamic nature.
  • Ideal for those seeking to conquer the volatile and rewarding crypto landscape.
  • Approachable minimum deposit, ensuring accessibility for all.
  • Relaxed drawdown rules, giving traders breathing room.

Read the full Bulenox review by clicking the link.

TopStep

Meet TopStepTrader, a key player in the prop trading scene. Established in Chicago in 2012, this esteemed firm is renowned for its unwavering reputation, generous payouts, and amazing support system.

When it comes to delivering results, TopStepTrader shines bright. In 2021 alone, they paid a staggering $3 million to traders across 143 countries.

TopStepTrader’s world of possibilities spans futures in equity, forex, agriculture, energy, interest rates, and metals. With a trio of accounts to choose from, flexible withdrawal methods (think Wise and Revolut), and the allure of news event and weekend trading, the benefits stack up.

TopStepTrader’s benefits don’t stop there. Trading style knows no bounds here, with round-the-clock trading available. This means whether you’re an early bird or a night owl, the trading floor is open. And if you’re keen to explore both futures and forex, TopStepTrader has you covered.

Picture this: monthly trading combines, real-time, simulated trading evaluations, and the promise of funded accounts for those who ace these challenges.

Elite Trader Funding

Elite Trader Funding is a prop trading powerhouse with a distinctive approach. What sets them apart? A profit-sharing model that lets you keep 100% of your initial $12,500 earnings.

Founded by trading pros who understand the journey from the ground up, this Florida-based firm is all about empowering retail traders like you.

No need to navigate complex scaling plans here. Elite Trader Funding offers funded accounts ranging from $10,000 to $300,000. They’re skipping the evaluation phase and welcoming you straight into live trading. But don’t mistake simplicity for laxity, their robust risk management system keeps your capital secure.

Here are some of the main benefits of Elite Trader Funding:

  • A clear path to funded trading.
  • No difficult, complicated, evaluation hurdles.
  • Perfect for veteran traders.
  • Keep 100% of the first 12,500 of profit.
  • A generous 80% profit split.

Read this Elite Trader Funding review to learn more.

Earn2Trade

If you are an aspiring trader seeking a solid start? Look no further than U.S. based Earn2Trade. They’ve introduced the innovative Trader Career Path, which is a fantastic opportunity for new prop traders.

Imagine this: You get a virtual account with either $25,000 or $50,000. It’s a chance to test your trading skills. Pass the exam, and you’re ready for a real prop trading account.

There’s more! If you begin with the $50k account, you can level up to a senior live account with an impressive $400,000 starting capital. The profit split is a competitive 80%, which you can easily withdraw.

What can you trade? With options spanning CME, CBOT, NYMEX, and COMEX, Earn2Trade offers an abundance of tradable assets. As for trading platforms, users can use NinjaTrader, Overscharts, Finamark, Multipcharts, and more.

Final Thoughts

As you embark on your journey into the world of futures trading, the right prop firm can make all the difference. Each of the reviewed options brings unique offerings to the table, catering to traders of various levels and preferences.

Bulenox’s focus on flexibility and cutting-edge technology is an attractive proposition for those seeking a diverse trading experience. TopStepTrader’s reputation, profit split, and comprehensive training resources set it apart as a competitive contender. Elite Trader Funding offers a streamlined path for experienced traders who want to dive right into the action. And Earn2Trade’s educational approach ensures traders not only gain capital but also the skills to succeed.

Remember, the best futures prop firm for you depends on your trading style, experience, and goals. Take a moment to consider what aspects matter most to you: education, profit split, risk management, or a combination of these factors.

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Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsem*nt or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.

Best Futures Prop Firms In 2023 - The European Business Review (2024)

FAQs

Best Futures Prop Firms In 2023 - The European Business Review? ›

Best Futures Prop Firms of 2023: Final Thoughts

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? ›

Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

Which prop firm got shut down? ›

True Forex Funds has ended its operations and announced plans to permanently close due to financial insolvency. According to a statement on the proprietary trading platform's official website, the firm was unable to improve its financial situation, leading to the discontinuation of its services.

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

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.

What is the most trusted prop firm in 2024? ›

The 7 Best Prop Trading Firms for 2024: Most Trusted, Best Promos, Best Trading Conditions
  • Review Summary.
  • My Top Pick: Topstep Futures – 9.4/10 (Best Current Promotion) Pros. ...
  • #2: The 5%ers – 9.2/10. ...
  • #3 FTMO – 9.0/10. ...
  • Interlude: Note on prop firms #4-#7.
  • #4 Lux Trading- 8.7/10.
  • #5: Funding Pips- 8.3/10.
  • #6 MyFundedFX – 8.1/10.
7 days ago

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 is the cheapest prop firm? ›

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

How do I choose a prop firm? ›

The first question to ask when choosing a prop trading firm is about its reputation and compliance. You want to work with a firm that has a solid reputation in the industry, a clean regulatory history, and transparent and ethical business conduct.

What is the best risk management for prop firms? ›

Challenge prop firms manage their risks by setting strict risk parameters for traders, implementing risk management tools and software, conducting regular monitoring and evaluation of trading activities, and providing training and support to help traders mitigate potential losses.

Which prop firms are regulated in the USA? ›

OANDA, Axi, and Hantec Markets are three regulated forex and contracts for differences brokers that launched prop trading services.

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.

How many people fail prop firms? ›

According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time. While this result is not nearly as bad as the one discussed earlier, it still looks bleak for prospective prop traders. But why is the percentage of failure so high?

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.

Are prop firms trustworthy? ›

Yes, many traders do. Are trading prop firms good? Many reputable prop firms have allowed traders to make a lot of money.

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

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.

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