We tested dozens of the top prop trading firms to find the best challenges to become a funded trader in 2025. Our firsthand testing focuses on areas like challenges and rules, fees and spreads, profit splits and scaling, market access and leverage, and trading platform options. Here’s our final list of the 10 best prop firms.
Our list of the top prop firms are
Prop trading lets you trade with a firm’s capital, so you’re not risking your own money. In exchange, you split your profits with the firm. With more and more prop firms popping up, you now have options with lower entry fees and higher profit splits. We reviewed the best prop firms, focusing on things like low challenge fees, access to different markets, fair profit-sharing models, and transparent trading rules.
Prop Firm Score
Challenge Types
One Step, Two Step, 10 Day
Trading Platforms
TradeLocker + TradingView
Profit Payout
80% - 90%
Why DNA Funded is #1 Best Prop Firm
DNA Funded ranked 1st place in our list of the best prop firms, earning a top score of 97/100 for its low challenge fees from $49, flexible one- and two-step evaluations, and 80%–90% profit splits. Backed by DNA Markets, it offers tight spreads and uses the TradeLocker platform.
You get access to over 800 markets including forex, stocks, and crypto, making it a strong option whether you’re just starting out or scaling up.
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Pros & Cons
More About DNA Funded
Based on our analysis of the top prop firms worldwide, we found DNA Funded to be the best prop firm overall with a score of 97/100.
The Australian-based prop firm is backed by regulated broker DNA Markets (ASIC AFSL 514425), offering traders access to institutional-grade conditions like tight spreads, fast execution, and low trading costs. It stands out for its flexible one-step and two-step challenges, competitive fees, and profit splits of up to 90%.
With TradeLocker integrated with TradingView, access to 800+ markets, and trading rule sets that align with forex broker compliance standards, DNA Funded offers the most complete setup we’ve tested.
Prop Challenges and Accounts
DNA Funded offers three challenge types, catering to various trading styles:
| DNA Funded Account Type | Challenge Fees | Account Sizes | Early Payout Down from 14 to 7 Days Addon | Profit Split Increase from 80% to 90% Addon |
|---|---|---|---|---|
| Single Helix (1 Step) | $59 - $1,451 | 5K - 200K | ✅ | ❌ |
| Double Helix (2 Step) | $49 - $1,295 | 5K - 200K | ❌ | ✅ |
| Pro Challenge | $99 - $714 | 10K - 100K | ✅ | ✅ |
After passing the evaluation process of your choosing, you will receive a certificate of recognition, as Noam Korbl did when testing the prop firm firsthand.
Markets and Leverage
DNA Funded provides access to over 800 forex, commodities, indices, stocks, and crypto markets (with restrictions on crypto in the Pro Challenge).
Leverage varies by challenge type and asset. Forex is capped at 1:50 on Double Helix and 1:30 on Single Helix and Pro Challenge. Commodities and indices are fixed at 1:10, stocks at 1:5 following a recent reduction from 1:10, and crypto is 1:2 but only available on Single and Double Helix.
| Asset Class | Single Helix | Double Helix | Pro Challenge |
|---|---|---|---|
| Forex | 1:30 | 1:50 | 1:30 |
| Commodities | 1:10 | 1:10 | 1:10 |
| Indices | 1:10 | 1:10 | 1:10 |
| Stocks | 1:5 | 1:5 | 1:5 |
| Crypto | 1:2 | 1:2 | Not Allowed |
Trading Platforms
All trading is done through TradeLocker, which comes fully integrated with TradingView. This setup is ideal for manual traders who want advanced charting, one-click execution, and a clean web-based interface. However, automated trading and EAs are not supported.
DNA Funded keeps its trading rules simple and in line with broker-backed standards. All accounts follow daily and overall drawdown limits based on the challenge type, and a daily profit cap of 40% now applies. This means you can only count up to 40% of your payout target in one trading day, which helps support steady, consistent trading.
Automated trading and expert advisors (EAs) are not allowed. You can copy trades between your own accounts, but not from others. News trading is allowed, but you’ll need to avoid opening or closing positions within 10 minutes of high-impact news. Weekend trading is also permitted.
Trust and Community
DNA Funded is backed by DNA Markets, a well-known ASIC-regulated broker (AFSL 514425), ensuring tight spreads and reliable execution. While DNA Funded is still new, its connection to DNA Markets boosts its credibility hugely.
The prop firm is also developing an active trading community through its Discord channel, offering a space for traders to connect and share insights.
Our Verdict on DNA Funded
DNA Funded is the best prop trading firm for 2025 even in the early stages of launch thanks to its flexible challenges, low fees, and an 80% – 90% profit share. Backed by DNA Markets, it provides reliable market access across forex, commodities, indices, stocks, and crypto. You can read our full evaluation on our DNA funded review page.
With a user-friendly platform like TradeLocker and growing community support, DNA Funded is the best prop firm for both new and experienced traders looking for a new challenge to become a funded trader.
Prop Firm Score
Challenge Types
Two Step
Trading Platforms
cTrader, DXtrade
Profit Payout
80% - 100%
Top Reasons BrightFunded Took Our #2 Spot
BrightFunded earnt 2nd place with its flexible two-phase challenges, profit splits scaling to 100%, and innovative add-ons for faster payouts. Its Trade2Earn loyalty program rewards active traders with free evaluations, while the firm’s broad market access and unlimited scaling provide long-term growth potential.
With account sizes up to $200,000 and customisable trading rules, BrightFunded is ideal for consistent traders seeking rewards and scalability.
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Pros & Cons
More About BrightFunded
BrightFunded earnt the second spot on our list scoring 95/100 for its flexible challenge options, scalable accounts, and a loyalty program designed to reward trader activity.
With account sizes ranging from $5,000 to $200,000, BrightFunded offers a structured two-phase evaluation process and unlimited scaling for consistent traders.
The firm’s standout features include customisable add-ons, allowing traders to reduce payout cycles, increase profit splits, and eliminate minimum trading days, along with the unique Trade2Earn loyalty program.
Prop Challenges and Accounts
BrightFunded provides traders with a straightforward two-phase evaluation process to reach funded trader status. The evaluation challenges are structured to assess consistency, discipline, and risk management.
Once funded, traders receive an 80% profit split, which can scale to 100% through BrightFunded’s unlimited scaling program.
Account sizes range from $5,000 to $200,000, with fees starting at €55. Additional customisation options are available, such as faster payouts and increased profit shares, allowing traders to tailor their challenges to their needs.
This flexible approach, combined with competitive targets and scaling opportunities, makes BrightFunded an appealing choice for traders aiming to manage larger capital with reduced financial risk.
Markets and Leverage
BrightFunded provides access to a wide range of financial instruments:
Leverage varies across asset classes, with up to 50:1 for forex, 20:1 for indices, and 10:1 for cryptocurrencies.
Trading Platforms
BrightFunded now offers two professional-grade platforms: cTrader and DXtrade. Both support trading across forex, commodities, indices, and crypto, and are available on desktop, mobile, and web.
All trading is conducted in a simulated environment using demo accounts with real market data, ensuring risk-free evaluation and funded phases.
Trust and Community
BrightFunded is an independent prop firm but has established itself as a reliable provider with strong user reviews. A 4.7/5 Trustpilot rating highlights its emphasis on transparency, responsive customer service, and prompt payouts.
The firm has an active trading community on Discord with 16k + members, where you can share strategies, trade ideas, and market insights. This community focus fosters collaboration and support among traders.
Additionally, BrightFunded now publishes payout certificates to show what funded traders are actually earning. The example on the right shows a $4,052.71 payout from April 2025. It’s a simple way to back up their fast payouts, scaling model, and growing community with real proof.
Our Verdict on BrightFunded
BrightFunded is a top-tier prop firm offering flexible challenges, high-profit scaling, and access to multiple financial markets. Combined with transparent rules, loyalty rewards, and the potential for 100% profit splits, BrightFunded remains a strong pick for long-term traders looking to scale.
Prop Firm Score
Challenge Types
One Step, Two Step, 7 Day, Stock Challenge
Trading Platforms
MT4, MT5, DXtrade, TradeLocker
Profit Payout
80% – 90%
Why Blueberry Funded Made #3
Blueberry Funded ranks 3rd on our list of top prop trading firms due to its low challenge fees from $32.50, broad access to over 1,100 markets, and multiple challenge types that cater to different trader profiles. It also offers a new Stock Challenge, adding a dedicated path for traders focused on equities.
With backing from Blueberry Markets (an ASIC-regulated broker), a scaling plan that extends to $2 million, and support for platforms like MT4, MT5, DXTrade, and TradeLocker, Blueberry provides both flexibility and trust.
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Pros & Cons
More About Blueberry Funded
Blueberry Funded is a prop trading firm that came in 3rd place in our rankings with a score 93/100. Funded traders gain a 80%-90% profit split, and to get to funded status, they can choose from three challenge types designed to suit different trading styles.
With account sizes ranging from $5,000 to $200,000, Blueberry Funded provides flexibility for both new and experienced traders, with challenge fees starting at just $32.50.
Prop Challenges and Accounts
Blueberry Funded offers four main challenge types:
Below shows a full breakdown of Blueberry Funded challenge options.
| Challenge Type | 1 Step Challenge | 2 Step Challenge | Rapid Challenge | Stock Challenge (2 Step) | Synthetics Challenge |
|---|---|---|---|---|---|
| Account Sizes | $5K – $200K | $5K – $200K | $10K – $100K | $5K – $100K | $5K – $100K |
| Fees | $40 – $1,100 | $35 – $1,000 | $50 – $300 | $32.50 – $650 | $35 – $700 |
| Time Limit | None | None | 7 Days | None | None |
| Profit Split (Funded) | 80% | 80% | 80% | 80% | 80% |
| Profit Target | 10% | P1 10%, P2 5% | 5% | P1 10%, P2 6% | P1 10%, P2 5% |
| Max Total Drawdown (Eval/Funded) | 6% / 6% | 10% / 10% | 4% / 6% | 8% / 8% | 10% / 10% |
| Max Daily Drawdown (Eval/Funded) | 4% / 4% | 5% / 5% | 3% / 4% | 4% / 4% | 4% / 4% |
| Drawdown Type | Static | Static | Trailing | Static | Trailing |
| Min. Active Trading Days (Eval/Funded) | 3 / 3 | 3 / 3 | 0 / 3 | 3 / 3 | 3 / 3 |
| Weekend Trading | Yes | Yes | Yes | Yes | Yes |
| High-Impact News Trading | Not Allowed | Not Allowed | Not Allowed | Not Allowed | Not Allowed |
| Consistency Rule | No | No | No | Yes | No |
Markets and Leverage
Blueberry Funded offers access to over 1,128 markets, including forex, indices, commodities, cryptocurrencies, and US stocks. Stocks are available through the Stock Challenge, while all other assets can be traded across every challenge type. Leverage is up to 1:50 for forex in the 2 Step Challenge, and up to 1:30 in other programs. Indices and commodities are capped at 1:10, crypto at 1:2, and stocks at 1:10.
Trading Platforms
Blueberry Funded offers three trading platforms:
Trust and Community
While Blueberry Funded is a newer prop firm, it is backed by Blueberry Markets, a reliable ASIC regulated broker (AFSL 535887) with a strong reputation.
The prop firm also provides an active Discord community with over 11,000 members, providing peer support and financial market insights.
Blueberry Funded has started sharing verified payout snapshots to show exactly what traders are earning. The example on the right shows a $3,758.40 payout issued in May 2025. While still a newer firm, Blueberry is backing its scaling model and low entry costs with real, visible trader results.
Our Verdict on Blueberry Funded
Blueberry Funded offers competitive pricing, diverse market access, and three well-structured challenges, making it a strong option for both beginner and advanced traders.
The availability of crypto trading and its scaling plan to $2 million give it a unique edge, though the lack of educational resources and limited payment options may be drawbacks for some traders.
Prop Firm Score
Challenge Types
One Step, Two Step
Trading Platforms
MT4, MT5, cTrader
Profit Payout
80% - 95%
Why FundedNext Earned #4
FundedNext came in 4th place, offering funded accounts with profit splits up to 95%, a flexible scaling plan, and fast withdrawals. Use exclusive discount code PROPFIRMS to receive a 120% refund after completing your challenge.
You can choose between the Stellar and Stellar Lite models, depending on your trading style and budget. With account scaling up to $4 million and bi-weekly withdrawals, FundedNext is a top prop firm if you want fast access to funding and flexible trading options.
Pros & Cons
More About FundedNext
FundedNext has quickly become a recognised player in the prop trading space, earning a score of 92/100 and fourth place on our best prop firms list.
Launched in 2022, it offers a high profit share, flexible trading challenges, and fast profit earning from the start of its evaluation phase.
Best Prop Firms readers can take advantage of our exclusive discount code, PROPFIRMS, to receive a 120% refund after completing the evaluation process.
Prop Challenges and Accounts
FundedNext offers two core models: Stellar and Stellar Lite.
There are no time limits on any challenges, and you can boost flexibility with add-ons like no minimum trading days, extended drawdowns, and bi-weekly payouts.
FundedNext publicly shares weekly payout data, with over $2.1 million paid out in the first week of April alone and an average payout time of just 8 hours and 34 minutes. They also highlight top trader earnings, including profit splits like the $14,835 and $18,694 payouts shown below. This level of transparency, backed by real proof, sets FundedNext apart from less verified prop firms.
Markets and Leverage
FundedNext gives you access to 83 markets: 50 forex pairs, 18 indices, 5 commodities, and 10 cryptocurrencies.
Leverage goes up to 100:1 for forex and indices on most accounts, and 2:1 for crypto. Stellar One Step accounts have 30:1 leverage for added risk control.
Trading Platforms
You can trade using MT4, MT5, cTrader, or Match-Trader. MT4 and MT5 are free, but cTrader and Match-Trader have a $25 fee and are limited to smaller account sizes. MT5 also integrates with TradingView for advanced charting, though this feature is temporarily paused for updates.
MT4 and MT5 accounts allow EAs and algorithmic trading. Automated trading isn’t available on cTrader.
Trust and Community
FundedNext has a 4.6/5 rating on Trustpilot and a large, active community with over 225,000 members on Discord. It also runs a busy Telegram channel and has 77K+ subscribers on YouTube with over 1,200 trading education videos.
Support is available 24/7 via live chat and email, and funded traders get direct access to in-house experts through Pro Support.
Our Verdict on FundedNext
FundedNext offers a fast track to profitability, with an immediate 15% profit from day one and the potential to scale up to $4 million in capital.
With profit splits up to 95%, a maximum funding cap of $4 million, and challenge models for every budget, it’s one of the most adaptable prop firms on the market.
Prop Firm Score
Challenge Types
One Step, Two Step, Three Step
Trading Platforms
ThinkTrader + TradingView, MT5
Profit Payout
Up to 90%
Why ThinkCapital Ranked #5
ThinkCapital came in 5th place on our list of best prop firms, combining affordability with flexibility. The broker backed prop firm has super low fees starting at $39 as well as high profit splits up to 90%, which earnt it a score of 91/100 overall.
Its three challenge types (Lightning, Dual Step, and Nexus) suit a range of trading styles, and the integration of ThinkTrader with TradingView provides strong technical analysis tools.
Pros & Cons
More About ThinkCapital
ThinkCapital is a broker-backed prop trading firm that balances competitive trading conditions with flexibility in account types and evaluation challenges, taking fifth place with a score of 91/100 in our list of the best prop firms.
The prop firm scores 91/100 with up to 90% profit splits, account sizes from $5,000 to $200,000, and bi-weekly payouts. ThinkCapital offers three evaluation challenges tailored to different trading styles: Lightning (1-step), Dual Step (2-step), and Nexus (3-step).
Prop Challenges and Accounts
ThinkCapital’s challenges cater to diverse trading preferences. The Lightning Challenge provides a straightforward one-step evaluation with a 10% profit target, while the Dual Step Challenge offers more structure with two evaluation phases.
The Nexus Challenge focuses on advanced risk management and consistency with a three-step evaluation and an 18% total profit target.
| ThinkCapital Challenge | Lightning | Dual Step | Nexus |
|---|---|---|---|
| Evaluation Process | One Step | Two Step | Three Step |
| Fees (Min - Max) | $59 - $949 | $59 - $949 | $39 - $649 |
| Account Sizes | $5,000 - $200,000 | $5,000 - $200,000 | $5,000 - $200,000 |
| Total Profit Target (%) | 10% | 13% | 18% |
| Daily Loss Limit (%) | 3% | 4% | 4% |
| Max Loss Limit (%) | 6% | 8% | 8% |
| Profit Split | Up to 90% | Up to 90% | Up to 90% |
| Payout Frequency | 14 days | 14 days | 14 days |
| Leverage | 1:30 | 1:100 | 1:100 |
Markets and Leverage
ThinkCapital offers diverse financial instruments, including forex, commodities, indices, and cryptocurrencies. Leverage varies depending on the platform and challenge type, ranging from 1:30 to 1:100 for forex and 1:2 for cryptocurrencies.
Trading Platforms
ThinkCapital offers ThinkTrader, which integrates directly with TradingView, giving you access to advanced charting tools and seamless trading execution. If you’re familiar with TradingView, you’ll appreciate how easy it is to place trades straight from charts, use built-in indicators, or even set up automated strategies. The integration means you can focus on analysis without jumping between platforms.
For those who prefer more traditional platforms, MT5 is also available. It’s a solid choice if you want automated trading via Expert Advisors or need access to multi-threaded backtesting for testing your strategy. Both options cater to different trading styles, whether you’re into manual trading or algorithmic setups.
Trust and Community
ThinkCapital holds a Trustpilot score of 4.5/5, with users praising its transparent trading rules, fast payouts, and responsive support. The firm’s 9,000-member Discord community offers traders a platform to share strategies and success stories.
Our Verdict on ThinkCapital
ThinkCapital is a strong choice for traders seeking competitive evaluation challenges and flexible account options. Its three-step Nexus Challenge stands out for experienced traders, while the Lightning Challenge appeals to those new to prop trading.
Prop Firm Score
Challenge Types
Two Step
Trading Platforms
MT4, MT5, cTrader
Profit Payout
80%
Why Forex Traders Choose IC Funded
IC Funded is ranked 6th overall in our overall best prop firm list, but takes 1st place on our list of the best forex prop firms. It’s backed by IC Markets and offers ultra-low spreads from 0 pips, competitive fees, and top-tier platforms like MT4, MT5, and cTrader.
With funding up to $500,000 and profit splits of 75%–80%, IC Funded is a strong choice if you’re focused on forex and want low-cost trading with a trusted provider.
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Pros & Cons
More About IC Funded
IC Funded came in sixth place with a score of 90/100, thanks to its low audition fees and strong connection to IC Markets.
As a sister company to one of the best forex brokers in the world, the prop firm is able to provide spreads as low as 0 pips plus a competitive commission fee of $3.50 per side.
IC Funded is a great option for those looking for the tightest spreads available, and funded accounts are rewarded with a profit split of 75% to 80% after passing the two-phase evaluation process.
Prop Challenges and Accounts
IC Funded offers a total of seven evaluation levels, with account sizes ranging from $5,000 to $500,000. Our full IC Funded Review found the audition fees to be competitive, allowing traders to demonstrate their skills without risking significant capital.
Markets and Leverage
Our research found that IC Funded offers a broad range of financial markets, including:
Leverage options vary, with up to 50:1 available for forex and gold, and 10:1 for indices and other commodities.
Trading Platforms
IC Funded provides access to the three most popular trading platforms: MT4, MT5, and cTrader. Each platform is equipped with unique features that cater to different trading styles.
Trust and Community
IC Funded is backed by IC Markets, a well-established and regulated broker. This connection enhances trust and provides traders with confidence in the firm’s reliability.
While IC Funded is not regulated itself, the oversight from IC Markets by regulators like ASIC in Australia adds a layer of security. The firm fosters a supportive trading community, allowing traders to engage and share insights.
Our Verdict on IC Funded
IC Funded is one of the best prop firms for traders seeking access to funded accounts with low entry costs and a solid profit-sharing model.
The clear evaluation process, diverse market access, and support for popular trading platforms make it a top choice in the prop trading space.
Prop Firm Score
Challenge Types
One Step
Trading Platforms
FFX Platform + TradingView
Profit Payout
80% – 100%
Why Futures Traders Are Switching to FXIFY
FXIFY Futures ranks 7th overall in our list of the best prop firms worldwide, and it’s the highest-rated futures prop firm we tested, scoring 88/100.
You only need to pass a one-step evaluation with no time limit, and once funded, there are no ongoing fees. Profit splits start at 80% and scale to 100%, with payouts every 14 days.
Funding goes up to $150,000, with real-time CME data and TradingView charts on FXIFY’s custom FFX Platform.
Use our FXIFY Futures promo code PROPFIRMS15 to get 15% off your challenge fee.
Pros & Cons
More About FXIFY Futures
FXIFY Futures is the only futures-focused prop firm in our top 10 list for 2025. It ranked highly for its low-cost evaluation, fast funding process, and no monthly fees once you go live.
You can choose between two types of futures trading accounts, the Starter Plan or the Expert Plan. Both use the same one step evaluation format, but differ in pricing, position limits, and payout structure.
Futures Prop Challenges
The Starter Plan is a lower-cost option with a smaller position size cap and a fixed activation fee. The Expert Plan removes the activation fee, increases your contract limits, and starts at a higher profit split.
Both futures challenges have no time limit to complete the evaluation, and you can withdraw profits every 14 days. Payouts scale from 60% up to 100% once you’re funded.
| Plan Type | Account Sizes | Monthly Fee | Profit Split | Drawdown Limits | Min Trading Days | Max Position Size | Activation Fee |
|---|---|---|---|---|---|---|---|
| Starter | $50K–$150K | $89–$225 | 80% (90% with add-on) | Daily: 2%, Max: 4% | 4 days | 3–12 contracts | $125 |
| Expert | $50K–$150K | $149–$349 | 90% (100% with add-on) | Daily: 3%, Max: 4–5% | 3 days | 5–15 contracts | None |
Markets and Leverage
FXIFY Futures offers access to major CME markets, including equity indices like the E-mini S&P 500, micro contracts, metals, energy, and forex futures. Pricing is round-turn and includes exchange and regulatory fees. For example, micro equity futures cost $0.74 per round-turn, while full-size equity contracts are $2.80.
You can trade up to 15 contracts depending on your plan and account size, with leverage based on futures margin requirements. Real-time CME data is included on all accounts.
Trading Platforms
FXIFY Futures only supports the FFX Platform, a web-based platform built for futures trading.
Trust and Community
FXIFY Futures is backed by FXIFY and FXPIG, providing credibility from a known broker and CFD prop trading brand.
It has a growing Discord community with over 38,000 members, offering payout proof, admin verification, and peer support. While its Trustpilot score is currently 3/5, it’s based on early reviews and expected to grow with time.
Our Verdict on FXIFY Futures
FXIFY Futures is the best futures prop firm for 2025 thanks to its one-step challenge, no time limits, and profit splits up to 100%. While the platform lacks NinjaTrader or EA support, its built-in TradingView charts and real-time CME data make it a strong choice if you’re looking for flexible futures funding with no ongoing fees after passing.
Is FXIFY Futures Better Than Topstep?
Yes, FXIFY Futures is a better prop firm than Topstep based on our 2025 testing, scoring 88/100 compared to Topstep’s 83/100. This is a question we get asked a lot, and it makes sense. Topstep’s been one of the biggest names in futures prop trading for years, so when a new firm like FXIFY Futures comes along and outperforms it in our review, it turns heads.
We tested over 12 futures prop firms and scored them across key areas like payouts, fees, challenge structure, trading rules, and platforms. FXIFY Futures came out on top for a few big reasons:
Topstep is still a top rated futures prop firm, especially if you like NinjaTrader or TopstepX, and they also give you 100% of your first $10K in profits. But the monthly fees during the evaluation, lower max funding cap, and less flexible challenge structure pushed it just outside our 2025 top 10 list.
| Futures Prop Firm | Score | Best For |
|---|---|---|
| FXIFY Futures | 88/100 | No recurring fees for funded futures accounts |
| FundedNext Futures | 83/100 | Fast payouts + Tradovate or NinjaTrader |
| Topstep | 83/100 | Legacy option with platform variety |
So while Topstep is still one of the top 3 futures prop firms we’ve tested, it didn’t make our overall top 10 list because it shares a score of 83/100 with both FundedNext Futures and FTMO. In cases where firms are tied, we only include one in the top 10 based on broader appeal, and FTMO edged out the others due to its better market access and reputation.
Prop Firm Score
Challenge Types
Two Step
Trading Platforms
MetaTrader 5 (MT5)
Profit Payout
80% - 90%
Why OANDA Is Best for Beginners
OANDA Prop Trader ranked 8th overall in our firsthand prop firm testing and is one of the best options for beginner traders. It offers low entry fees from $35, profit splits up to 90%, and uses the trusted MT5 platform for trading forex, indices, and commodities.
With flexible challenge models and account sizes from $5,000 to $500,000, it’s a straightforward way to get started with prop trading.
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Pros & Cons
More About OANDA
OANDA Prop Trader is ranked 8th on our list of the best prop firms with a score of 85/100, and while suited to all levels of trading experience, is a great prop firm for beginners new to prop challenges.
With affordable entry fees starting from just $35 and profit splits reaching up to 90%, OANDA provides a straightforward and accessible path to funded trading.
Backed by the trusted OANDA brand, traders can access a range of markets including forex, indices, and commodities, all on the reliable MetaTrader 5 platform.
Whether you’re looking to start small or aim for larger profits, OANDA’s flexible challenges make it an attractive option for traders of all levels.
Prop Challenges and Accounts
OANDA Prop Trader offers two styles of prop challenges:
| Feature | Classic Challenge | Boost Challenge |
|---|---|---|
| Account Types | 5K, 10K, 25K, 50K, 100k, 188K, 250K, 500K | 10K, 50K, 100K |
| Challenge Fees | $35 – $2,400 | $99 - $699 |
| Profit Share | 80% | 80% (first payout), then 90% |
| Phase 1 Profit Target | 5% for 5K & 10K accounts, 8% for others | 10% |
| Phase 2 Profit Target | 5% | 5% |
| Max Daily Loss | 5% - Dynamic | 5% - Fixed based on Initial balance |
| Max Total Loss | 10% - Trailing Drawdown | 10% - Static Drawdown |
| Refund of Challenge Fee | Yes, after the first profit payout | Yes, after the first profit payout |
| Who It’s For | Beginner traders | Experienced traders |
| Merging of Accounts | Yes | No |
| Minimum Payout Request | $200 | 2% of initial balance |
Markets and Leverage
OANDA provides access to 56 instruments, including forex, indices, and commodities. Leverage goes up to 100:1 for forex, and 50:1 for indices and commodities, offering traders ample market exposure.
Trading Platforms
OANDA Prop Trader uses MetaTrader 5 (MT5), a popular platform with advanced charting tools and support for automated trading through Expert Advisors (EAs). While MT5 is a solid choice for most traders, some may find the lack of platform variety limiting.
Trust and Community
Backed by the well-established OANDA brand, this prop firm benefits from a strong reputation within the trading industry. Although OANDA Prop Trader isn’t regulated, its connection to the larger OANDA brand lends it credibility and trust.
Our Verdict on OANDA
OANDA Prop Trader offers a solid option for both beginners and experienced traders, with flexible account sizes and competitive profit splits of up to 90%.
The low entry fees, especially in the Classic Challenge, make it accessible for newer traders, while the Boost Challenge provides higher returns for those seeking larger profits. However, the limited platform choice and lack of cryptocurrency trading may be a downside for some.
Prop Firm Score
Challenge Types
Instant, Lightning, One Step, Two Step, Three Step
Trading Platforms
MT4, MT5, DXTrade
Profit Payout
80% - 90%
Why FXIFY Stands Out for Instant Funding
FXIFY ranked 9th overall, but it holds 1st place on our instant funding prop firm list. You can start with up to $50,000 in capital instantly, scale to $4 million, and keep up to 90% of your profits. Prefer to go through an evaluation? FXIFY also offers One Step, Two Step, and Three Step challenges.
Backed by FXPIG, FXIFY combines tight pricing, fast execution, and an active Discord community for added support.
Use our latest prop coupon code PROPFIRMS15 for 15% off challenge fees.
Pros & Cons
More About FXIFY
FXIFY scored 83/100 and is the 9th best prop firm we tested thanks to its instant funding accounts and flexible evaluation challenges. You can start with up to $50,000 in capital immediately, making it one of the best prop firms if you want to skip the entire evaluation process and trade straight away.
For those who prefer an evaluation, FXIFY also offers Lightning, One Step, Two Step, and Three Step challenges, with scalable account sizes and profit splits up to 90%. You can also trade futures through their FXIFY Futures branch, which came in 7th place on our list after establishing a reputation as the best futures prop firm worldwide.
Prop Challenges and Accounts
FXIFY offers four funding options, including a direct instant funding account and three evaluation challenges:
Markets and Leverage
FXIFY provides access to 100+ trading instruments, including forex pairs, indices, commodities like gold and crude oil, major stocks (MT5 only), and cryptocurrencies (MT4 & MT5 only).
Standard leverage is 30:1 for forex and gold, 10:1 for indices, and 2:1 for stocks and crypto, with an optional upgrade to 50:1 leverage for forex and gold.
Trust and Community
FXIFY is backed by FXPIG, a trusted forex broker, ensuring competitive pricing and fast execution. The firm has built a strong trader community, with over 38,000 members on Discord and a 4.2/5 TrustPilot rating.
While FXIFY generally receives positive reviews for its flexible account options and profit splits, some traders report delays in payouts for larger accounts and limited transparency on spreads.
Our Verdict on FXIFY
FXIFY is the best prop firm for instant funding, offering traders capital from day one without a challenge. With profit splits up to 90%, flexible evaluation options, and a scaling plan that can grow accounts to $4M, it took spot number eight on our best prop trading firms list for 2025.
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Prop Firm Score
Challenge Types
Two Step
Trading Platforms
MT4, MT5, cTrader, DXtrade
Profit Payout
80% - 90%
Why FTMO Still Ranks in Our Top 10
FTMO came in 10th place with a score of 83/100, thanks to its popular scaling plan, flexible account types, and profit splits up to 90% for consistent performance. Its two-step evaluation process balances achievable profit targets with manageable risk limits, and the FTMO name is a trusted name in the prop trading industry.
Supporting platforms like MT4, MT5, and cTrader, FTMO is an solid choice for traders aiming to grow their capital through scaling and long-term consistency.
Pros & Cons
More About FTMO
FTMO came in 10th place of all the prop firms we tested, scoring 83/100 thanks to its great scaling plan and reputation. It provides you with an 80% profit split initially, increasing to 90% for consistent performance.
The prop firm offers a structured two-step evaluation process with clear profit targets and loss limits, but better suited to experienced prop traders with some experience under their belt.
Prop Challenges and Accounts
FTMO offers three main account types:
The audition fees range from €155 to €1,080, depending on the account size. FTMO offers an automatic scaling plan, increasing account sizes by 25% every four months if traders meet a 10% profit target. The firm supports accounts up to $2 million through this plan.
Markets and Leverage
FTMO provides access to a diverse range of financial markets, including 28 major and minor forex pairs, popular commodities like gold, silver, and oil, as well as global indices such as the US30, GER40, and UK100.
For traders interested in cryptocurrencies, FTMO offers access to assets like Bitcoin, Ethereum, and Litecoin. Additionally, the platform supports trading in select global stocks, including leading companies like Apple, Amazon, and Tesla.
Leverage varies depending on the account:
Trading Platforms
FTMO supports four main platforms:
Trust and Community
FTMO has earned a 4.9/5 rating on Trustpilot with over 5,000 positive reviews. The firm’s social media presence on Instagram, YouTube, and Twitter is active, focusing on educational content, tips, and trader interviews.
FTMO’s support is available 24/7 via live chat, phone, and email, making them accessible and reliable for traders.
Our Verdict on FTMO
FTMO provides a great automatic scaling plan and offers solid account flexibility through Standard, Aggressive, and Swing options.
With a two-step evaluation process and transparent rules, it’s a top choice for serious traders aiming for growth and consistency. However, the commission charges on trades may be drawbacks for some.
To choose the best prop trading firm, you need to compare features that directly affect your chances of getting funded and earning payouts. Here are the key areas that matter:
To become a prop trader, you need to sign up with a proprietary trading firm, complete their evaluation process, and meet specific trading requirements. Most firms require traders to pass a challenge or evaluation phase before providing access to a funded account. Here’s a step-by-step guide on how to get started:
Prop firms offer different types of accounts that come with varying costs. Some firms charge an upfront fee for the audition, while others may have ongoing monthly fees. Assess the overall cost, including any hidden fees, and choose a firm that aligns with your budget and trading goals.
Prop firms offer different types of accounts that come with varying costs. Some firms charge an upfront fee for the audition, while others may have ongoing monthly fees. Assess the overall cost, including any hidden fees, and choose a firm that aligns with your budget and trading goals.
Following these steps can help you successfully become a prop trader, using the firm’s capital to trade and keep a portion of the profits you generate.
Prop trading comes with several risks. One key risk is drawdown limits: prop firms impose strict daily or overall drawdown limits that, if breached, can result in disqualification. High-pressure evaluations also pose a challenge, where failing to meet profit targets can lead to the loss of entry fees without any payout. Additionally, some firms have restrictive rules, such as limiting trading styles or requiring strict risk management, which might not align with every trader’s strategy. Market volatility is another factor, as even the most skilled traders can face significant losses in unpredictable market conditions. Finally, some prop firms lack transparency, so researching their reputation and rules is crucial before signing up.
We developed a guide on our risk management page to explore this area further for those new to the industry.
DNA Funded is the best prop firm overall in 2025, with a top score of 97/100 in our testing. We evaluated over 28 prop firms firsthand using criteria like challenge rules, pricing, profit splits, platforms, and payout speed. DNA Funded ranked highest for its low-cost evaluations, flexible one step and two step challenges, and 80–90% profit splits, making it the best prop firm for most funded traders.
To reduce upfront fees, use DNA Funded promo code PROPFIRMS25 for 25% off.
Proprietary trading (prop trading) allows traders to use virtual funds in financial markets like forex, shares, and commodities, after paying an initial evaluation fee. The aim is to meet specific profit targets to qualify for a funded account, where real money is provided by the prop firm. Profits are then shared between the trader and the firm, while any losses are covered by the prop company.
Many prop firms have ties to CFD brokers and use them as their providers for pricing and spreads. For example, DNA Funded is backed by Eightcap, a regulated CFD broker. However, when you’re doing the challenge, you’re in a simulated environment rather than live trading, so the prop firm itself isn’t acting as a broker. Only after you pass the challenge and get funded do you start trading in real markets, often through their broker partners.
View our full list of broker backed prop firms.
The main advantage of using a prop firm over a real trading account is limiting personal financial risk. With a prop firm, you only risk the initial evaluation fee, while losses beyond that are covered by the firm. Once you qualify for a funded account, you receive a profit share without risking your own capital. Additionally, it’s a great way to refine your trading strategies before committing to a live forex or CFD account with your own funds.
View the types of prop trading accounts available to make sure you select the right one for your needs.
The most trusted prop firms are DNA Funded, IC Funded, and OANDA Prop Trader, based on key factors such as reliability, user reviews, and trading conditions. DNA Funded is backed by Eightcap, ensuring low fees and an 80% profit split. IC Funded offers tight spreads, low entry costs, and strong backing from IC Markets. OANDA is ideal for beginner prop traders with low challenge fees and profit splits up to 90%. Each firm is known for transparency and trader support.
It’s important to understand how these firms make money prior to opening an account.
The prop firms that offer the fastest payouts include DNA Funded, IC Funded, and Funded Trading Plus. DNA Funded allows traders to request profits as early as 14 days after their first trade, with flexible withdrawal options. IC Funded offers bi-weekly or on-demand withdrawals starting 14 days after the initial trade and has an outstanding crypto prop trading range. Funded Trading Plus also provides quick access to profits with instant funding and profit splits of up to 100%, making it another option for traders seeking fast payouts.
DNA Funded and IC Funded can be better options than FTMO, depending on what you’re looking for. DNA Funded has lower fees starting at $49, an 80% – 90% profit split, and flexible challenge options. IC Funded, on the other hand, offers super-low spreads from 0 pips, strong ties to IC Markets, and popular platforms like MT4, MT5, and cTrader. Both firms offer lower costs and better trading conditions than FTMO, especially when it comes to forex prop trading.
Top prop trading firms with the highest profit splits include Topstep, which offers up to 100% profit split on the first $10,000 earned and 90% after that. Funded Trading Plus provides profit splits that can go up to 100%, making it a strong option for traders. OANDA Prop Trader offers up to 90% profit split for their Boost Challenge, aimed at experienced traders offering an excellent futures prop trading facility.
While high profit splits are appealing, it’s crucial to also consider other factors such as challenge difficulty, fees, trading conditions, and customer support. Some firms with higher splits may have stricter rules or higher fees, so weigh the overall offering against your trading goals.
To find the best prop firms worldwide, we evaluated over 28 top prop trading firms, focusing on challenges, platform usability, payouts and targets, and cost structure. By personally testing each firm’s challenges, platforms, and trading conditions, we narrowed the list to the 10 best prop firms based on essential metrics.
Our comprehensive testing and analysis considered user experience, platform accessibility, and transparent fee structures, ensuring a balanced and realistic set of options for traders. Following our methodology allowed us to highlight firms offering the most achievable challenges and optimal profit-sharing terms, providing you with a clear, data-driven guide to selecting a prop trading firm that suits your needs.
