Traditional trading with your own limited capital is dead – the 12 best forex prop firms for 2025 are offering skilled traders access to millions in trading capital with zero personal financial risk.
But with over 200 prop firms operating globally, 85% of traders pick the wrong one and waste money on unsuitable challenges. Here are the top forex prop companies in 2025 that consistently fund traders, pay on time, and offer terms that actually make sense.
Quick Overview of the Best Forex Prop Firms 2025
Country |
Founded |
Trustpilot |
Max Allocation |
Min Account |
Profit Split |
Starting Price |
|
 |
Czech Republic |
2015 |
4.6/5 (25,601 reviews) |
$200,000 |
$10,000 |
90% |
$155 |
 |
Israel |
2016 |
4.3/5 (8,200 reviews) |
$4,000,000 |
$5,000 |
100% |
$29 |
 |
UAE |
2021 |
4.5 (3,400 reviews) |
$300,000 |
$5000 |
100% |
$99 |
 |
UAE |
2022 |
4.5/5 (12,800 reviews) |
$4,000,000 |
$6,000 |
95% |
$49 |
 |
USA |
2020 |
4.2/5 (2,100 reviews) |
$300,000 |
$25,000 |
85% |
$297 |
 |
Australia |
2019 |
4.4/5 (3,200 reviews) |
$400,000 |
$5,000 |
90% |
$39 |
 |
USA |
2023 |
4.1/5 (900 reviews) |
$300,000 |
$5,000 |
80% |
$89 |
 |
UK |
2022 |
4.0/5 (1,200 reviews) |
$200,000 |
$10,000 |
80% |
$149 |
 |
Cyprus |
2023 |
3.9/5 (800 reviews) |
$400,000 |
$10,000 |
80% |
$69 |
 |
UK |
2021 |
4.3/5 (2,500 reviews) |
$2,000,000 |
$12,500 |
85% |
$199 |
 |
St. Vincent |
2023 |
3.8/5 (600 reviews) |
$100,000 |
$5,000 |
80% |
$39 |
 |
UK |
2020 |
4.4/5 (5,200 reviews) |
$2,500,000 |
$5,000 |
85% |
$49 |
What is a Forex Prop Trading Firm?
Think of it like this: You’re an amazing race car driver, but you can’t afford a Ferrari. A prop firm is like a wealthy racing team that says, “Prove you can drive without crashing our car, and we’ll let you race in the big leagues.”
Here’s the deal in simple terms:
The Basic Setup:
- You have great trading skills but limited money
- Prop firms have millions but need skilled traders
- They give you their money to trade with
- You split the profits when you win
- They take the loss if you mess up (not your personal money)
How It Actually Works:
- Pay a small fee ($49-$1,925) to take their “driving test”
- Pass their challenge by hitting profit targets
- Get funded with real money ($10K-$4M+)
- Keep 75-95% of whatever profits you make
- Trade from your bedroom in your pajamas if you want
It’s basically the closest thing to “free money” in trading – if you’ve got the skills to back it up.
Are Forex Prop Trading Firms Legit or Scam?
I get it. This sounds too good to be true, right? “Someone’s going to give me $100K to trade with and let me keep 90% of profits?”
The Truth: Most established firms are 100% legitimate. Here’s why this business model actually works:
Why They’re Legit:
- They make money when you make money (win-win)
- 70-85% of traders fail challenges (they keep those fees)
- Been around for years paying out millions to successful traders
- Real companies with business licenses and physical offices
Red Flags to Avoid:
- Promises of “guaranteed profits” or “100% success rates”
- New firms with no payment history or reviews
- Vague terms and conditions
- Asking for additional payments after you’re funded
The Big Names Are Solid:
- FTMO: Paid out $190M+ to 300,000+ traders since 2015
- The5%ers: Operating since 2016, clear track record
- FundedNext: Newer (2022) but 4.5/5 Trustpilot rating
The industry has matured. The cowboy days of scam prop firms are mostly over. Stick with established firms that have been paying traders for years, and you’ll be fine.
Just remember – if you can’t make money with your own $1,000, getting $100,000 won’t magically fix your trading problems. The money amplifies your skills, not creates them.
The 12 Best Forex Prop Firms for 2025
1# FTMO
Company Overview: FTMO established itself as the gold standard of forex prop trading when it launched in 2015 from Prague, Czech Republic. Founded by Otakar Šuffner and his team, FTMO has grown into the industry’s most recognized name, serving over 300,000 traders globally and maintaining the highest payout volume in the sector.
Key Details:
- Country of Origin: Czech Republic
- Year Founded: 2015
- Trustpilot Rating: 4.6/5 (25,601 reviews)
- Assets Available: 70+ Forex pairs, Gold, Silver, Oil, Indices
- Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader, DXTrade
- Maximum Allocation: $200,000 (with scaling opportunities)
- Account Sizes: $10,000, $25,000, $50,000, $100,000, $200,000
- Evaluation Steps: 2-phase challenge (FTMO Challenge + Verification)
- Profit Targets: Phase 1: 10% (30 days), Phase 2: 5% (60 days)
- Daily Loss Limit: 5% of initial balance
- Maximum Loss Limit: 10% of initial balance
- Profit Split: 90% trader, 10% FTMO (increases to 90% after 5 payouts)
- Payout Frequency: Bi-weekly (every 14 days)
- Pricing: $155 ($10K), $345 ($25K), $645 ($50K), $1,080 ($100K), $1,925 ($200K)
Pros & Cons
Pros |
Cons |
Highest profit split (90%) in industry |
Higher entry fees than competitors |
Bi-weekly payouts (fastest in industry) |
Strict 5% daily loss limit challenges aggressive traders |
Most comprehensive educational resources |
No weekend holding allowed for some instruments |
Largest maximum allocation ($200K) |
30-day time limit on Challenge phase can create pressure |
Most established reputation and track record |
Czech time zone customer support may not suit all regions |
Multiple platform options (MT4, MT5, cTrader, DXTrade) |
Relatively complex rule structure for beginners |
# The5%ers
Company Overview: The5%ers is one of the best forex prop firms that has revolutionized the prop trading space. Back in 2016, they introduced the unique “aggressive scaling” model from their Tel Aviv headquarters. Unlike traditional evaluation-based firms, The5%ers focuses on gradual account growth, allowing traders to start with smaller amounts and scale up based on consistent performance.
Key Details:
- Country of Origin: Israel
- Year Founded: 2016
- Trustpilot Rating: 4.3/5 (8,200 reviews)
- Assets Available: 40+ Forex pairs, Commodities, Indices
- Trading Platforms: MetaTrader 4, MetaTrader 5
- Maximum Allocation: $4,000,000 (through scaling program)
- Account Sizes: $5,000, $20,000, $40,000 (starter accounts)
- Evaluation Steps: Bootcamp (optional) + Live funded account
- Profit Targets: 6% monthly for scaling
- Daily Loss Limit: 5% of account balance
- Maximum Loss Limit: 12% of account balance
- Profit Split: 100% trader keeps profits (after $6,000 in total profits)
- Payout Frequency: Monthly
- Pricing: $49 (High-Stakes Bootcamp), Direct funding options available
Pros & Cons:
Pros |
Cons |
100% profit retention after $6,000 threshold |
Higher risk tolerance required (12% max drawdown) |
Immediate funding without lengthy evaluations |
Scaling system requires consistent 6% monthly growth |
Unlimited scaling potential up to $4M |
Monthly payout frequency slower than competitors |
No restrictions on trading style or timing |
Limited asset selection compared to larger firms |
Very low entry cost ($49) |
Less established educational resources |
Weekend holding allowed |
Customer support mainly during Israeli hours |
3# FundingPips
Company Overview: FundingPips emerged in 2021 from the United Arab Emirates (UAE) as a trader-centric prop firm focused on providing flexible evaluation conditions and competitive profit splits. Despite being relatively new, they’ve quickly gained recognition for their transparent operations and innovative challenge structures. This is one of the reasons FundingPips is on the list of the best forex prop firms for 2025.
Key Details:
- Country of Origin: United Arab Emirates
- Year Founded: 2021
- Trustpilot Rating: 4.5 (29,900+ reviews)
- Assets Available: 100+ instruments (Forex, Indices, Commodities, Crypto)
- Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader
- Maximum Allocation: $300,000
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000
- Evaluation Steps: 1-phase or 2-phase options available
- Profit Targets: 1-phase: 10% (no time limit), 2-phase: 8% + 4%
- Daily Loss Limit: 5% of initial balance
- Maximum Loss Limit: 8% of initial balance (1-phase), 10% (2-phase)
- Profit Split: Up to 100% for trader
- Payout Frequency: On-demand (minimum $500)
- Pricing: $29 ($5k) $99 ($10K), $189 ($25K), $349 ($50K), $599 ($100K), $999 ($200K), $1,299 ($300K)
Pros & Cons:
Pros |
Cons |
No time limit option (1-phase challenge) |
Relatively new firm with limited track record |
On-demand payouts (24-48 hour processing) |
Stricter drawdown limits (8%) in no-time-limit option |
Extensive asset selection (100+ instruments) |
Limited educational resources compared to established firms |
Higher profit split (up to 100%) than industry leaders |
|
Flexible challenge structures (1-phase or 2-phase) |
|
Crypto and exotic pairs available |
FTMO vs The5%ers vs FundingPips
|
|
|
|
Account Sizes |
$10K-$200K |
$5K-$4M (scaling) |
$10K-$300K |
Profit Target |
10% + 5% (30+60 days) |
6% monthly for scaling |
10% (no limit) or 8%+4% |
Profit Split |
90% (industry leading) |
100% (after $6K threshold) |
100% |
Payout Frequency |
Bi-weekly (every 14 days) |
Monthly |
On-demand ($500 min) |
Winner? FTMO excels for traders seeking an established reputation and frequent payouts. The5%ers suits aggressive scalers who can achieve consistent 6% monthly growth. FundingPips appeals to traders wanting flexible evaluation timing and immediate payout access.
4# FundedNext
Company Overview: FundedNext launched in 2022 from Dubai, UAE, with a mission to provide the most trader-friendly terms in the industry. Founded by experienced traders who recognized gaps in existing prop firm offerings, FundedNext has rapidly grown to serve over 150,000 traders globally through their innovative evaluation structures and competitive profit splits.
Key Details:
- Country of Origin: United Arab Emirates
- Year Founded: 2022
- Trustpilot Rating: 4.5/5 (12,800 reviews)
- Assets Available: 300+ instruments (Forex, Indices, Commodities, Crypto, Stocks)
- Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader, DXTrade
- Maximum Allocation: $4,000,000 (through Express program)
- Account Sizes: $6,000, $15,000, $25,000, $50,000, $100,000, $200,000
- Evaluation Steps: Express (1-step), Evaluation (2-step), or Stellar (3-step)
- Profit Targets: Express: 10% (no time limit), Evaluation: 8% + 5%, Stellar: 6% + 4% + 4%
- Daily Loss Limit: 5% of initial balance
- Maximum Loss Limit: 12% of initial balance
- Profit Split: 95% trader, 5% FundedNext (after first payout)
- Payout Frequency: Bi-weekly (every 14 days)
- Pricing: $49 ($6K), $99 ($15K), $159 ($25K), $299 ($50K), $549 ($100K), $999 ($200K)
Pros & Cons:
Pros |
Cons |
Industry-leading 95% profit split after first payout |
Newer firm with limited long-term track record |
Largest asset selection (300+ instruments) |
Complex tier system may confuse beginners |
Multiple evaluation options for different skill levels |
12% maximum drawdown requires careful risk management |
Scaling up to $4M through performance |
Customer support quality inconsistent across time zones |
Very competitive pricing structure |
Some traders report slower verification processes |
Stock and crypto trading available |
Platform stability issues reported during high volatility |
5# Maven Trading
Company Overview: Maven Trading established itself in 2020 from New York as a boutique prop firm targeting serious, professional traders. Unlike mass-market competitors, Maven focuses on providing institutional-grade trading conditions and personalized support to a select group of funded traders.
Key Details:
- Country of Origin: United States
- Year Founded: 2020
- Trustpilot Rating: 4.2/5 (2,100 reviews)
- Assets Available: 50+ Forex pairs, Major indices, Precious metals
- Trading Platforms: MetaTrader 5, TradingView (via partnership)
- Maximum Allocation: $300,000
- Account Sizes: $25,000, $50,000, $100,000, $200,000, $300,000
- Evaluation Steps: 2-phase evaluation (Challenge + Verification)
- Profit Targets: Phase 1: 10% (30 days), Phase 2: 5% (60 days)
- Daily Loss Limit: 4% of initial balance
- Maximum Loss Limit: 8% of initial balance
- Profit Split: 85% trader, 15% Maven
- Payout Frequency: Monthly (first Friday of each month)
- Pricing: $297 ($25K), $497 ($50K), $797 ($100K), $1,297 ($200K), $1,797 ($300K)
Pros & Cons:
Pros |
Cons |
Institutional-grade trading conditions |
Higher entry fees than most competitors |
Advanced TradingView integration |
Conservative risk limits (4% daily, 8% max) |
Personalized support and strategy consultations |
Monthly payouts less frequent than industry standard |
High-quality educational resources |
Limited to experienced traders only |
Low trader-to-support ratio ensures attention |
Smaller account size options ($25K minimum) |
Reliable wire transfer payments |
US tax reporting requirements for all traders |
6# FXIFY
Company Overview: FXIFY emerged from Australia in 2019 as “The Prop Firm Designed For Every Trader,” serving over 200,000 active traders across 200+ countries. The firm has paid out $30M+ to successful traders, with their single highest payout reaching $117,000, establishing them as a trusted name in the global prop trading community.
Key Details:
- Country of Origin: Australia
- Year Founded: 2019
- Trustpilot Rating: 4.4/5 (3,200 reviews)
- Assets Available: 100+ instruments (Forex, Indices, Commodities, Futures)
- Trading Platforms: MetaTrader 4, MetaTrader 5, DXTrade
- Maximum Allocation: $400,000 (plus $450,000 futures option)
- Account Sizes: $5,000, $10,000, $15,000, $25,000, $50,000, $100,000, $200,000, $400,000
- Evaluation Steps: Multiple options (1-Phase, 2-Phase, 3-Phase, Instant Funding, Lightning)
- Profit Targets: Varies by program (5-10% depending on phase structure)
- Daily Loss Limit: 4% of initial balance
- Maximum Loss Limit: 10% (trailing drawdown available)
- Profit Split: Up to 90% trader (available as addon from day 1)
- Payout Frequency: On-demand (minimum $50, no waiting period)
- Pricing: $39 ($5K), $59+ (Lightning), $199 ($25K Two-Phase), up to $400K programs
Pros & Cons:
Pros |
Cons |
|---|---|
True on-demand payouts from first profitable trade |
4% daily loss limit more restrictive than some competitors |
Multiple program types for every trader preference |
90% profit split requires addon purchase |
Trailing drawdown option for flexible risk management |
Newer firm compared to industry veterans |
Comprehensive futures trading program available |
Australian time zone support may not suit all regions |
Lightning Challenge offers ultra-affordable entry ($59) |
Some programs have complex addon structures |
Free Trading Central access and monthly competitions |
Higher-tier programs can become expensive with addons |
FundedNext vs Maven Trading vs FXIFY
|
|
 |
|
|---|---|---|---|
Account Sizes |
$6K-$200K |
$25K-$300K |
$5K-$400K |
Profit Target |
10% or 8%+5% or 6%+4%+4% |
10% + 5% (30+60 days) |
5-10% (varies by program) |
Profit Split |
95% (after first payout) |
85% |
Up to 90% (with addon) |
Payout Frequency |
Bi-weekly |
Monthly |
On-demand (instant) |
Winner? FundedNext offers the best profit split and flexible evaluation options. Maven Trading provides premium institutional conditions for serious traders. FXIFY delivers instant payouts and the most diverse program selection for different trader types.
Atlas Funded
Company Overview: Atlas Funded launched in 2023 from Miami, Florida, positioning itself as an American alternative to European-dominated prop firms. With a focus on transparency and trader education, Atlas targets both beginner and intermediate traders seeking clear evaluation criteria and comprehensive support.
Key Details:
- Country of Origin: United States
- Year Founded: 2023
- Trustpilot Rating: 4.1/5 (900 reviews)
- Assets Available: 60+ instruments (Forex, Indices, Commodities)
- Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader
- Maximum Allocation: $300,000
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $300,000
- Evaluation Steps: Atlas Challenge (2-phase evaluation)
- Profit Targets: Phase 1: 8% (30 days), Phase 2: 4% (30 days)
- Daily Loss Limit: 4% of initial balance
- Maximum Loss Limit: 8% of initial balance
- Profit Split: 80% trader, 20% Atlas
- Payout Frequency: Bi-weekly (1st and 15th of each month)
- Pricing: $89 ($5K), $139 ($10K), $259 ($25K), $459 ($50K), $769 ($100K), $1,299 ($200K), $1,799 ($300K)
Pros & Cons:
Pros |
Cons |
Conservative targets (8%+4%) suitable for beginners |
Lower profit split (80%) than industry leaders |
Comprehensive educational program and mentoring |
Conservative daily loss limit (4%) restricts some strategies |
Detailed performance analytics and risk reporting |
Newer firm with limited long-term track record |
Strong US-based customer support |
Smaller maximum allocation ($300K) |
Transparent evaluation criteria |
Bi-monthly payouts less frequent than some competitors |
Multiple account size options including micro ($5K) |
Limited asset selection compared to larger firms |
DNA Funded
Company Overview: DNA Funded established operations in 2022 from London with a unique approach emphasizing trader development and long-term relationships. The firm positions itself as a “trader incubator,” focusing on developing skilled traders rather than simply providing evaluation services.
Key Details:
- Country of Origin: United Kingdom
- Year Founded: 2022
- Trustpilot Rating: 4.0/5 (1,200 reviews)
- Assets Available: 70+ instruments (Forex, Indices, Commodities)
- Trading Platforms: MetaTrader 4, MetaTrader 5
- Maximum Allocation: $200,000
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000
- Evaluation Steps: DNA Challenge (2-phase) or DNA Express (1-phase)
- Profit Targets: Express: 12% (45 days), Challenge: 8% + 5% (30+60 days)
- Daily Loss Limit: 5% of initial balance
- Maximum Loss Limit: 10% of initial balance
- Profit Split: 80% trader, 20% DNA Funded
- Payout Frequency: Monthly (last Friday of each month)
- Pricing: $59 ($5K) $89 ($10K), $179 ($25K), $319 ($50K), $619 ($100K), $1,209 ($200K)
Pros & Cons:
Pros |
Cons |
Comprehensive trader education and mentoring |
Lower profit split (80%) than top competitors |
Extended challenge timeframes reduce pressure |
Monthly payouts less frequent than industry trend |
Ongoing support for funded traders |
Higher evaluation fees than budget competitors |
Professional development focus |
Smaller maximum allocation ($200K) |
Proprietary risk management tools |
Limited asset selection |
Active trader community forums |
Mandatory educational requirements may deter some |
BrightFunded
Company Overview: BrightFunded launched in 2023 from Limassol, Cyprus, targeting European traders with competitive evaluation terms and flexible trading conditions. The firm emphasizes accessibility and affordability while maintaining professional standards for risk management and trader support.
Key Details:
- Country of Origin: Cyprus
- Year Founded: 2023
- Trustpilot Rating: 3.9/5 (800 reviews)
- Assets Available: 55+ instruments (Forex, Indices, Commodities)
- Trading Platforms: MetaTrader 4, MetaTrader 5
- Maximum Allocation: $400,000
- Account Sizes: $10,000, $25,000, $50,000, $100,000, $200,000, $400,000
- Evaluation Steps: Bright Challenge (1-step) or Standard (2-step)
- Profit Targets: Bright: 10% (no time limit), Standard: 8% + 4% (30+60 days)
- Daily Loss Limit: 5% of initial balance
- Maximum Loss Limit: 10% of initial balance
- Profit Split: 80% trader, 20% BrightFunded
- Payout Frequency: Bi-weekly (every 14 days)
- Pricing: $69 ($10K), $149 ($25K), $269 ($50K), $449 ($100K), $799 ($200K), $1,399 ($400K)
Pros & Cons:
Pros |
Cons |
Very competitive pricing structure |
Lower profit split (80%) |
No time limit option available |
Newer firm with limited reputation |
European-focused support and compliance |
Smaller asset selection than major competitors |
Flexible trading style permissions |
Customer support limited to EU hours |
Large maximum allocation ($400K) for pricing |
Mixed customer reviews on payment processing |
EU banking and regulatory familiarity |
Limited educational resources |
Atlas Funded vs DNA Funded vs BrightFunded
|
|
|
|
Account Sizes |
$5K-$300K |
$10K-$200K |
$10K-$400K |
Profit Target |
8% + 4% (30+30 days) |
12% (45 days) or 8%+5% |
10% (no limit) or 8%+4% |
Profit Split |
80% |
80% |
80% |
Payout Frequency |
Bi-weekly |
Monthly |
Bi-weekly |
Winner? Atlas Funded excels in trader education and conservative evaluation targets. DNA Funded provides comprehensive mentorship programs. BrightFunded offers the most competitive pricing with large maximum allocations.
IC Funded
Company Overview: IC Funded established operations in 2021 from Manchester, UK, with a mission to provide transparent, trader-friendly prop trading services. The firm has grown steadily by focusing on reliable operations and competitive terms rather than aggressive marketing tactics.
Key Details:
- Country of Origin: United Kingdom
- Year Founded: 2021
- Trustpilot Rating: 4.3/5 (2,500 reviews)
- Assets Available: 90+ instruments (Forex, Indices, Commodities, Crypto)
- Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader
- Maximum Allocation: $2,000,000
- Account Sizes: $12,500, $25,000, $50,000, $100,000, $250,000, $500,000
- Evaluation Steps: IC Challenge (2-phase evaluation)
- Profit Targets: Phase 1: 8% (30 days), Phase 2: 5% (60 days)
- Daily Loss Limit: 5% of initial balance
- Maximum Loss Limit: 10% of initial balance
- Profit Split: 85% trader, 15% IC Funded (90% after $10,000 in profits)
- Payout Frequency: Weekly (every Tuesday)
- Pricing: $49 ($5K) $99 ($10K), $149 ($25K), $289 ($50K), $499 ($100K), $1,249 ($250K), $2,498 ($500K)
Pros & Cons:
Pros |
Cons |
Unique account sizing provides better capital allocation |
Higher pricing than budget competitors |
Progressive profit split rewards performance |
Unusual minimum size ($12.5K) may confuse some |
Weekly payouts with reliable processing |
Limited track record compared to established firms |
Crypto trading available |
Customer support not available Sundays |
Competitive spreads and execution |
Evaluation targets require consistent performance |
Multiple withdrawal methods |
$10,000 profit threshold for improved split |
BluberryFunded
Company Overview: BluberryFunded operates from St. Vincent and the Grenadines since 2023, positioning itself as an affordable entry point into prop trading. The firm targets beginning traders with simplified evaluation structures and competitive pricing, though this focus comes with trade-offs in terms of maximum allocation and profit sharing.
Key Details:
- Country of Origin: St. Vincent and the Grenadines
- Year Founded: 2023
- Trustpilot Rating: 3.8/5 (600 reviews)
- Assets Available: 40+ instruments (Major Forex pairs, Gold, Oil)
- Trading Platforms: MetaTrader 4, MetaTrader 5
- Maximum Allocation: $100,000
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000
- Evaluation Steps: Berry Challenge (1-step evaluation)
- Profit Targets: 8% (45 days)
- Daily Loss Limit: 4% of initial balance
- Maximum Loss Limit: 8% of initial balance
- Profit Split: 80% trader, 20% BleberryFunded
- Payout Frequency: Monthly (15th of each month)
- Pricing: $39 ($5K), $69 ($10K), $149 ($25K), $259 ($50K), $449 ($100K)
Pros & Cons:
Pros |
Cons |
Extremely affordable entry pricing ($39-$449) |
Lower profit split (80%) than premium firms |
Simple one-step evaluation process |
Very conservative risk limits (4% daily, 8% max) |
Extended 45-day evaluation timeframe |
Small maximum allocation ($100K) |
Low profit target (8%) suitable for beginners |
Limited asset selection (40+ instruments) |
Caribbean jurisdiction may suit some traders |
Customer support limited to business hours |
No complex multi-phase requirements |
Minimal educational resources |
City Traders Imperium
Company Overview: City Traders Imperium (CTI) has operated from Dubai, United Arab Emirates since 2020, building a reputation for reliable operations and trader-focused policies. The firm emphasizes transparency and fairness while providing competitive evaluation terms and comprehensive trader support services.
Key Details:
- Country of Origin: UAE
- Year Founded: 2020
- Trustpilot Rating: 4.4/5 (5,200 reviews)
- Assets Available: 120+ instruments (Forex, Indices, Commodities, Stocks)
- Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader, DXTrade
- Maximum Allocation: $2,500,000
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000
- Evaluation Steps: Imperial Challenge (2-step) or Express (1-step)
- Profit Targets: Express: 10% (unlimited time), Imperial: 8% + 5% (30+60 days)
- Daily Loss Limit: 5% of initial balance
- Maximum Loss Limit: 12% of initial balance
- Profit Split: 85% trader, 15% CTI (90% after first withdrawal)
- Payout Frequency: Bi-weekly (1st and 15th of each month)
- Pricing: $59 ($5K), $109 ($10K), $199 ($25K), $359 ($50K), $549 ($100K), $999 ($200K)
Pros & Cons:
Pros |
Cons |
Extensive asset selection (120+ instruments) |
12% max drawdown requires careful risk management |
Very competitive pricing across all account sizes |
Progressive profit split starts lower than some competitors |
Multiple platform options including DXTrade |
Bi-weekly payouts less frequent than weekly options |
Unlimited time option eliminates evaluation pressure |
Complex scaling requirements may confuse beginners |
Large maximum allocation ($2.5M) through scaling |
Customer support quality varies across time zones |
Strong educational resources and market analysis |
Some traders report platform connectivity issues |
IC Funded vs BluberryFunded vs City Traders Imperium
|
|
|
|
Account Sizes |
$12.5K-$500K |
$5K-$100K |
$5K-$200K |
Profit Target |
8% + 5% (30+60 days) |
8% (45 days) |
10% (unlimited) or 8%+5% |
Profit Split |
85% → 90% (after $10K) |
80% |
85% → 90% (after first payout) |
Payout Frequency |
Weekly |
Monthly |
Bi-weekly |
Winner Analysis: IC Funded provides unique account sizing and weekly payouts. BluberryFunded offers the lowest barrier to entry for beginners. CTI delivers extensive asset selection and flexible evaluation options.
How Do Forex Prop Trading Firms Work?
Step 1: Purchase an Evaluation Challenge
- Pay upfront fee ($49-$1,925 depending on account size)
- Receive demo account with simulated capital
- Get access to trading platform and rules documentation
- Challenge period begins immediately
Step 2: Meet Phase 1 Requirements
- Profit Target: Hit 8-15% returns within time limit
- Risk Limits: Stay within daily loss (4-6%) and max drawdown (8-12%)
- Time Frame: Usually 30-45 days to complete
- Trading Rules: Follow firm’s specific restrictions (no news trading, position limits, etc.)
Step 3: Complete Phase 2 (If Required)
- Lower Target: Achieve 4-5% profits in verification phase
- Longer Timeline: 60 days to demonstrate consistency
- Same Risk Rules: Maintain discipline with loss limits
- Final Test: Prove you can trade consistently, not just get lucky
Step 4: Receive Funded Account
- Get live account with real money (same size as challenge)
- Start earning actual profits immediately
- Follow identical rules from evaluation phases
- Risk management systems monitor every trade
Step 5: Generate and Split Profits
- Monthly Earnings: Keep 75-95% of profits generated
- Payout Schedule: Receive payments weekly, bi-weekly, or monthly
- Scaling Opportunity: Grow account size with consistent performance
- Account Growth: Some firms offer scaling up to $4M+
Step 6: How Firms Profit
- Challenge Fees: 70-85% of traders fail and pay again
- Profit Share: Take 5-25% of successful traders’ earnings
- Volume Rebates: Earn commissions from broker partnerships
- Sustainable Model: Successful traders generate ongoing revenue
Step 7: Account Termination (If Rules Broken)
- Instant Closure: Violate any rule = immediate account loss
- Common Violations: Exceed daily loss, hit max drawdown, trade during restricted times
- Start Over: Must purchase new challenge to try again
- No Refunds: Lost evaluation fees and time investment
Advantages and Disadvantages of Forex Prop Trading
✅ Advantages
- Trade Big Without Personal Risk
- Access $10K-$4M+ in trading capital
- Risk only your small evaluation fee ($49-$1,925)
- Your personal savings stay completely safe
- Profit potential increases by 10x-100x
- Keep Most of Your Profits
- Earn 75-100% of trading profits (depending on firm)
- Monthly income potential: $2K-$20K+ for skilled traders
- No loan payments or interest charges
- Performance-based income with no ceiling
- Professional Trading Environment
- Advanced platforms and premium market data
- Institutional-grade execution and spreads
- VPS hosting and technical support included
- Real-time performance analytics and reporting
- Learn From the Best
- Educational resources and trading courses
- Mentorship programs with pro traders
- Risk management training and support
- Psychology coaching for consistent performance
- Career Flexibility
- Work from anywhere with internet connection
- Set your own trading schedule
- No boss or traditional employment restrictions
- Scale income based on your skills and effort
❌ Disadvantages
- Strict Trading Rules
- Daily loss limits (3-6% max per day)
- Maximum drawdown restrictions (8-12%)
- Prohibited trading during news events
- No overnight holds on some instruments
- Evaluation Costs Add Up
- Challenge fees: $49-$1,925 per attempt
- 70-85% failure rate means multiple tries
- Total cost can reach $500-$3,000 before funding
- Lost time and opportunity costs
- Profit Sharing Reduces Income
- Give up 10-25% of profits to the firm
- $10K profit = $1K-$2.5K to prop firm
- Compounds over time for high earners
- May exceed retail trading costs eventually
- Job Security Concerns
- Account termination for rule violations
- No guaranteed income or employment benefits
- Must restart evaluation process if account breached
- Performance pressure and stress
- Limited Strategy Options
- Some firms ban scalping or news trading
- Position size and instrument restrictions
- Must adapt strategies to firm requirements
- Less flexibility than personal account trading
How to Choose the Best Forex Prop Firm in 2025
Your choice of prop firm can make or break your trading career. Here’s how to pick the right one from our top 12 firms:
1# Match Your Experience Level
Beginners (0-6 months experience):
- Choose: FTMO, Atlas Funded, or DNA Funded
- Why: Best educational resources and conservative targets
- Avoid: The5%ers (too aggressive)
Intermediate (6-24 months):
- Choose: FundedNext, City Traders Imperium, or IC Funded
- Why: Balanced requirements with good scaling options
- Avoid: Maven Trading (too restrictive)
Expert (24+ months):
- Choose: The5%ers, FXIFY, or FundingPips
- Why: Best profit splits and maximum allocations
- Focus on: Scaling potential and payout frequency
2 Budget Analysis
Tight Budget ($50-200):
- Best Options: The5%ers ($49), BluberryFunded ($39), City Traders Imperium ($49)
- Strategy: Start small, scale up after success
Medium Budget ($200-500):
- Best Options: FTMO ($155), FundedNext ($99-299), IC Funded ($199)
- Strategy: Go for $25K-50K challenges
Higher Budget ($500+):
- Best Options: Maven Trading, Atlas Funded
- Strategy: Larger accounts for higher monthly income potential
3. Trading Style Compatibility
Day Traders/Scalpers:
- Choose: City Traders Imperium, IC Funded, FundingPips
- Need: Flexible daily loss limits (5-6%)
- Avoid: Atlas Funded, DNA Funded (4% daily limit too restrictive)
Swing Traders:
- Choose: FTMO, FundedNext, BrightFunded
- Need: Overnight holding permissions
- Focus: Longer evaluation timeframes
News Traders:
- Choose: The5%ers, BluberryFunded
- Most firms restrict news trading – verify first
4. Income Goals
Side Income ($500-2,000/month):
- Start with: $10K-25K challenges
- Best firms: FTMO, FundedNext, City Traders Imperium
Primary Income ($2,000-10,000/month):
- Target: $50K-100K challenges
- Best firms: FTMO, The5%ers, FXIFY
High Income ($10,000+/month):
- Target: $200K+ challenges with scaling
- Best firms: The5%ers (up to $4M), FundedNext, FXIFY (up to $400K)
5. Payout Preferences
Need Fast Access to Profits:
- Instant: FXIFY (on-demand from first trade)
- Weekly: IC Funded
- Bi-weekly: FTMO, FundedNext, City Traders Imperium
- On-demand: FundingPips
Monthly is Fine:
- The5%ers, Maven Trading, DNA Funded, BluberryFunded
6. Risk Tolerance Assessment
Conservative Traders:
- Choose firms with 8-10% max drawdown
- Best: Atlas Funded, DNA Funded, BluberryFunded
- Lower targets but higher success rates
Aggressive Traders:
- Choose firms with 12% max drawdown
- Best: The5%ers, FundedNext, City Traders Imperium
- Higher risk but faster scaling potential
7. Final Decision Matrix
Rate each factor (1-5) based on importance to you:
- Educational resources needed
- Budget limitations
- Payout frequency importance
- Maximum allocation goals
- Risk parameter comfort
- Customer support needs
Our Top 5 Overall Picks for 2025
- FTMO – Best all-around choice for most traders
- FundedNext – Best value with 95% profit split
- FXIFY – Best for instant payouts and program variety
- The5%ers – Best for aggressive scalers
- City Traders Imperium – Best asset selection and flexibility
How to Get Started with Forex Prop Trading
Getting started requires preparation, not just jumping into challenges. Follow this step-by-step roadmap:
Phase 1: Skill Assessment (2-4 weeks)
Test Your Current Level:
- Trade demo account for 30 days minimum
- Track daily P&L and maximum drawdown
- Can you make 8-10% monthly with less than 8% drawdown?
- If no, spend more time developing skills
Essential Skills Checklist:
- Risk management (position sizing, stop losses)
- Consistent profit over 3+ months
- Trading plan and rules you actually follow
- Emotional control during losses
Phase 2: Choose Your First Firm (1 week)
Smart Starting Strategy:
- Pick smaller account size ($10K-25K) for first attempt
- Choose firm with unlimited time challenges if you’re nervous
- Budget for 2-3 attempts, not just one
Recommended First Choices:
- Conservative: Atlas Funded ($5K for $89)
- Balanced: City Traders Imperium ($10K for $99)
- Aggressive: FundedNext ($15K for $99)
Phase 3: Practice Under Pressure (2-3 weeks)
Simulate Challenge Conditions:
- Set same daily loss limits as your chosen firm
- Practice hitting profit targets within time limits
- Trade during your planned challenge hours
- Record emotional responses and mistakes
Key Practice Areas:
- Staying calm when approaching daily loss limit
- Consistent daily routines and discipline
- Managing winning streaks (don’t get overconfident)
- Recovery strategies after bad trading days
Phase 4: Execute Your First Challenge
Week 1-2: Start Conservatively
- Aim for small daily profits (0.3-0.5%)
- Focus on rule compliance over big wins
- Track progress daily but don’t obsess
Week 3-4: Accelerate If Needed
- Increase position sizes if behind target
- Stay disciplined with risk management
- Don’t panic trade in final days
Phase 5: After Getting Funded
First Month Strategy:
- Trade exactly like you did in challenge
- Don’t change strategies just because money is real
- Focus on consistency, not maximum profits
Scaling Preparation:
- Document what’s working in your trading
- Gradually increase position sizes as allowed
- Apply for account scaling after meeting requirements
Phase 6: Build Long-Term Success
Month 2-6 Goals:
- Establish consistent monthly income
- Build emergency fund from profits
- Consider additional firm evaluations once stable
- Continuously improve trading skills and strategies
Common Beginner Mistakes to Avoid:
- Rushing into challenges without proper preparation
- Changing strategies mid-challenge
- Risking too much trying to hit targets quickly
- Treating funded accounts differently than demo
- Attempting multiple firms simultaneously as beginner
Success Timeline Expectations:
- Month 1-2: Complete evaluation and get funded
- Month 3-4: Generate first consistent profits
- Month 5-6: Scale account or add second firm
- Month 7-12: Build sustainable prop trading income
Final Thoughts
Prop trading offers genuine opportunities for skilled traders, but it’s not a get-rich-quick scheme or replacement for developing actual trading competency. Success requires patience, discipline, and continuous improvement.
The 12 firms analyzed in this guide represent the most reliable, profitable, and trader-friendly options available in 2025, each offering unique advantages suited to different trading styles and experience levels.
Related ↓
10 Best Futures Prop Trading Firms 2025
3 Best Options Prop Firms 2025
FAQs: Best Forex Prop Firms 2025
Which is the best forex prop trading firm?
FTMO is our top recommendation for 2025. They offer the best combination of reputation (9 years in business), highest profit split (90%), bi-weekly payouts, and comprehensive educational resources. With 25,601 Trustpilot reviews averaging 4.6/5 stars and over $190 million paid to traders, FTMO provides the most reliable path to funded trading success.
What is the minimum trading experience needed to succeed with prop firms?
You need 6-12 months of consistent profitable trading with proper risk management. This means generating 8-10% monthly returns while keeping drawdowns under 8%. Experience can come from demo trading, small live accounts, or documented education. Most successful candidates can prove they’ve traded profitably for at least 3 consecutive months before attempting evaluations.
What happens if I fail the evaluation? Can I try again?
Yes, you can retry unlimited times but must purchase a new challenge each attempt. You lose the evaluation fee completely when you fail. Most firms offer 10-20% discount codes for repeat attempts. Budget for 2-3 tries – industry statistics show 70-85% of traders fail their first evaluation. Use failures as learning experiences to identify and fix weaknesses.
How long does it typically take to get funded and start earning?
Timeline Breakdown:
- Evaluation completion: 1-3 months (depending on challenge type)
- Account verification: 1-2 weeks after passing
- First payout eligibility: 14-30 days after funding
- Total realistic timeline: 2-4 months from start to first payment
Part-time traders often need longer due to reduced trading frequency. Factor in potential multiple evaluation attempts when planning your timeline.
What trading strategies work best for prop firm evaluations?
Most Successful Strategies:
- Swing Trading: Hold positions 2-5 days, target 1-3% weekly gains
- Conservative Day Trading: Small daily profits (0.3-0.5%), strict stop losses
- Trend Following: Trade with major market direction, avoid counter-trend
- Support/Resistance: Clear entry/exit rules, good risk-reward ratios
Avoid: Scalping (too risky for daily limits), news trading (restricted), martingale systems (will blow accounts), and any high-risk approaches requiring wide stops.
What support is available for beginners in prop trading?
Educational Resources:
- FTMO: Comprehensive trading academy, weekly webinars, psychology courses
- Atlas Funded: 50+ video lessons, monthly mentorship calls
- DNA Funded: Mandatory education modules, ongoing trader coaching
Community Support:
- Discord/Telegram groups for each major firm
- Reddit communities (r/Forex, r/PropTrading)
- YouTube channels with funded trader experiences
Getting Help:
- Most firms offer 24/5 customer support via live chat
- Many provide strategy consultations for struggling traders
- Start with demo challenges or smaller account sizes to reduce pressure while learning