Hello everyone! It’s a delight to have you here, as always. Today, we’re going to be looking into the world of prop trading firms, specifically the top 10 firms for February 2024, which we’ve ranked based on our personal experience with these companies.
We will just give you a brief overview of each company, briefly discussing their offerings to traders worldwide.
Best 10 Prop Trading Firms of February 2024!
Let’s dive into the ranking of the best ten prop trading firms for February.
SurgeTrader
Alright, kicking off our list isSurgeTrader. They’re based out of the USA in Florida and incorporated back in September 2021. They’ve got a few unique funding opportunities: the One-Step and Lightning Audition, which are one-step evaluations, and the Two-Step Audition, which is a two-step evaluation. They also feature a scaling plan, which means traders can enhance their capital and effectively manage even larger account sizes.
The5ers
Okay, coming in next isThe5ers, a proprietary trading company that’s been part of the industry since around April 2020. They are headquartered in London, UK, and they provide traders from all parts of the world with a wide range of funding programs. Now, this includes the Bootcamp Challenge, which is actually not a workout but a three-step evaluation; the High Stakes Program, which is an industry-standard two-step evaluation; and lastly, the Hypergrowth Program, which is an instant funding program. Each of these funding programs also has a very well-structured scaling plan, which once again allows traders to get even more capital if certain criteria are met.
Funded Trading Plus
Coming in next isFunded Trading Plus, a prop trading firm that entered the scene in December 2021. They’re also located out of London, UK, under the adept management of CEO Simon. Funded Trading Plus distinguishes itself from other top players within the industry because it provides four unique funding programs. They have the Advanced Trader Program, a one-step evaluation; the Experienced and Premium Trader Programs, which are industry-standard two-step evaluations; and the Master Program, an instant funding program.
Fidelcrest
Alright, coming in next isFidelcrest, a prominent proprietary trading firm facilitating trader funding since about September 2018. They’re based out of Cyprus, and they’ve really made a significant impact on the industry, one of the longest-serving players in the whole industry. Now, they do offer traders a lot of flexibility to choose between two account types: normal and aggressive evaluation programs. They don’t actually incorporate a scaling plan, as the other prop firms have covered so far.
MyFundedFX
Up next isMyFundedFX, quite an esteemed prop trading firm that’s been operational since June 2022. Now, they’re located in Texas, USA, and they really are quite a prominent player in the entire prop trading landscape. So, they offer traders worldwide opportunities to have a selection of two two-step evaluations, a one-step evaluation, and their newly introduced three-step evaluation upon qualification and achieving funded status. Traders do gain access toMyFundedFX’sscaling plan, ensuring more opportunities for capital growth across any of their funding programs.
Finotive Funding
Alright, we’re about halfway through, and next up isFinotive Funding, a prop trading firm that’s been running since around April 2021. They are located in Budapest, Hungary, and they’re providing traders with the option to select from five funding programs. We’ve got the Pro and Classic challenges; they’re both two-step evaluations. We have a singular one-step challenge and standard and aggressive instant funding programs. Now, they all have a scaling plan once again, so you can get your hands on more capital if you are consistent in your profitability and achieving certain milestones.
The Funded Trader
Alright, coming more towards the pointy end of the list isThe Funded Trader, a prop trading firm that’s been a fairly significant force since about May 2021. They’re also based out of Texas. Now, they’ve emerged as a really crucial player in the USA prop trading landscape, but what’s setting them apart is their diverse range of funding opportunities. So, they got five unique programs, including three two-step evaluations, which are Standard, Rapid, and Royal. There is a single one-step evaluation called the Knight Challenge and a single three-step evaluation known as the Dragon Challenge.
FundedNext
Alright, coming up next isFundedNext, a dynamic prop trading firm that officially emerged in March 2022. Now, as a global player,FundedNextoperates in some key locations, namely in the UAE and Bangladesh. They extend an international invitation to traders, though you can get funded worldwide. They’ve got five funding programs as well: two two-step evaluations and three one-step evaluations, all incorporating and integrating a scaling plan upon successful funding as well. Now, this kind of unique flexibility allows traders worldwide to tailor their funding journey based on preferences and trading goals.
Funding Pips
Alright,Funding Pips, a prop trading firm coming into the industry in August 2022, is coming in the penultimate position on our February list. They are based out of Dubai, UAE, arguably the trading capital of the world at the moment. The firm provides very enticing opportunities to traders with a single but very comprehensive two-step evaluation program. They have very straightforward trading rules; it’s very easy for traders to navigate the evaluation process. Of course, you have to be consistent in there, but effective for these diverse trading preferences, they do offer five different account sizes as well.
E8 Funding
And finally, securing the top spot once again isE8 Funding, a company founded back in November 2021, also U.S.-based out of Dallas, Texas. But they are certainly becoming one of the leading players in the industry. They provide traders with lots of different compelling funding programs. They’ve got a two-step evaluation, the E8, that’s the E8 evaluation. They also have the E8 Track Program, which is an alternative avenue for traders seeking a bit of a different approach to their evaluation journey. They have scaling plans so you can get your hands on more capital as you progress and stay consistent.
Well, that concludes our February 2024 ranking of the top 10 prop trading firms. For details on these rankings, watch the full video:
Also, check out the variousDiscount Codeswe offer for various Prop Firms.
