Best Prop Trading Firms in Canada

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Looking for Canada's best prop trading firms? Get informed comparisons and rankings by asset classes, funding tiers, platform tools and profit splits offered specifically for Canadian traders.

Prop trading has captured the attention of Canadians seeking to chart their own financial course beyond traditional career paths. Prop firms fund individual trader talent and motivation with necessary capital, tools and infrastructure – for negotiated profit-sharing arrangements.

With barriers eroding between Wall Street and Main Street, everyday Canadians now question if prop trading could unlock realistic pathways to full-time income. Despite the allure, selecting a reputable prop firm that best aligns with unique skill sets remains shrouded for eager beginners.

This review analyzes six leading international prop trading firms perfect for Canadian traders:

  1. FTMO
  2. The Funded Trader
  3. TopStep
  4. Maven Trading
  5. SurgeTrader
  6. Traders with Edge

We will evaluate founding, services, fee terms, and pros/cons specifically for Canadians. The goal is to showcase viable prop trading options and determine which best aligns with the unique trading talents, skills, and aspirations of Canadians.

Best Prop Trading Firms in Canada


Best Prop Trading Firms in Canada - FTMO

FTMO (Financial Trader Magazine OÜ) is an Estonian prop firm launched in 2020 by a team with over a decade of trading industry experience. Their meteoric rise and flawless track record funding traders globally spotlights FTMO as a premier international destination.

Services and Tools

FTMO provides funded accounts from $1,000 up to $100,000 to trade forex, indices, commodities, stocks and cryptocurrencies through their proprietary web-based platforms and mobile app tailored for beginners to advanced traders.

Fee Terms and Account Minimums

A starting account is $1,000. Traders must pass an evaluation combining profit targets, maximum drawdown limits and trading days active to verify skills. Account fee tiers range from 10% to 30% profit splits.

Pros Cons
βœ… Internationally reputable regulated brand 🌐 As an Estonian entity, light regulatory oversight
πŸ† Award-winning copy trading technology πŸ“‰ Steep evaluation phase may deter trading novices
πŸ” High transparency performance monitoring
πŸ’° Lucrative profit sharing ratios

The Funded Trader

Best Prop Trading Firms in Canada - The Funded Trader

The Funded Trader is a NYC-based specialized prop firm catering to stock and options traders which launched in 2022. Founded by ex-Wall Street traders well-versed in equities, The Funded Trader offers retail traders access to institutional grade tools and insights.

Services and Tools

The Funded Trader provides accounts sized from $1,000 to $100,000 to approved stock and options traders through their proprietary web and mobile platforms optimized for active equities trading. Integrated market scanning, options modeling and copy trade abilities are offered.

Fee Terms and Account Minimums

$1,000 minimum account makes The Funded Trader accessible for Canadians. Post passing evaluations, there are no platform fees just profit splits ranging from 80/20 to 70/30 based on account tier.

Pros Cons
πŸ“ˆ Specialized stock and options prop trading πŸ“‰ As a newer firm long term stability largely unproven
πŸ’Έ Low minimum account threshold $1,000 🌐 USA based so light regulatory oversight for Canadians
πŸ’° Favorable and transparent profit split terms πŸ“‰ Catered to experienced stock and options traders
πŸ› οΈ Tools for sophisticated options modeling


Best Prop Trading Firms in Canada - TopStep

Launched in 2011 and headquartered in Chicago, TopStep is an established industry leader in funding retail futures traders looking to access professional capital and technology. With over $6 billion in funded accounts, TopStep brings over a decade of experience.

Services and Tools

TopStep specializes in funding futures traders focused on commodities, forex, global indices and crypto futures. Accounts range from $2,500 up to $2 million in buying power once verified as a skilled trader through TopStep’s evaluation program.

Fee Terms and Account Minimums

The minimum account size is $2,500. There is a one-time $275 platform fee and $125 monthly data fee during evaluation. Post verification, no added fees just profit splits starting at 80/20 for traders.

Pros Cons
πŸ“ˆ Established, reputable specialist for futures traders πŸ“‰ Caters to intermediate and experienced futures traders
πŸ’° Access up to $2 million in buying power 🌐 Primarily regulated by NFA and CFTC
πŸ’Έ Lucrative and transparent profit sharing
πŸ› οΈ Advanced futures trading platforms and tools

Maven Trading

Founded in 2020 by industry veterans, Austin-based Maven Trading has rapidly emerged as one of the largest US prop firms catering to active stock, options, crypto and futures traders.

Services and Tools

Maven provides funded accounts from $25,000 up to $1 million funding for experienced traders. Their proprietary platform delivers integrated analytics, automated trading API and paper trading scenarios to test strategies.

Fee Terms and Account Minimums

The minimum $25K account is higher priced but offers elite tiered funding up to $1 million. There are no platform fees, just set profit splits ranging from 15% to 40% based on account balance milestones achieved.

Pros Cons
πŸ“ˆ Specialized in stock, options, and crypto trading πŸ’° $25K minimum is higher barrier for newer traders
πŸ› οΈ Robust tech capabilities and platform tools πŸ“‰ As a newer US-based firm, long-term stability not guaranteed
πŸ’° Funding amounts to $1 million available
🀝 Dedicated account manager assignment


Best Canadian Prop Trading Firms - SurgeTrader

Founded in 2019 and headquartered in Seattle, SurgeTrader is a fintech prop trading firm focused on funding stock and options traders through cutting-edge technology and educational resources.

Services and Tools

SurgeTrader specializes in stock and options, funding traders from $7,500 to $300,000 account sizes. Their Custom Pro Trading Platform delivers pro-grade tools like options modeling, automated order execution, algo building and more.

Fee Terms and Account Minimums

Minimum account is $7,500. No platform fees, just profit splits from 75/25% up to 80/20% for traders upon passing SurgeTrader’s Combine evaluation phase demonstrating skills.

Pros Cons
πŸ“ˆ Specialized stock and options prop trading πŸ“‰ Geared to intermediate and experienced traders
πŸ› οΈ Powerful proprietary Custom Pro Trading Platform πŸ“‰ As a newer firm, long-term stability not proven
πŸ’° Access elite funding up to $300,000 🌐 US regulations still evolving for prop trading
πŸ’Έ No platform fees beyond profit splits

Traders With Edge

Best Canadian Prop Trading Firms - Traders With Edge

Traders With Edge is a Dubai-based prop trading firm launched in 2020 focusing on providing crypto traders access to secure funding, proprietary analytics, and mirror trading technology.

Services and Tools

The firm offers funded accounts from $1,000 up to $50,000 to verified crypto traders. Their platform delivers integrated charting, on-chain metrics, sentiment tools, bot trading, and copy trade abilities specifically for digital assets.

Fee Terms and Account Minimums

The minimum account starts at $1,000 making it accessible for everyday Canadians looking to prop trade crypto strategies. No platform fees, just set profit splits ranging from 80/20 to 70/30 based on account tier attained.

Pros Cons
πŸ“ˆ Specialized crypto prop trading firm 🌐 Based in Dubai so light regulation
πŸ› οΈ Advanced web-based proprietary platform πŸ“‰ As a new company, long-term stability not guaranteed
πŸ’Έ Lucrative and transparent profit splits
πŸ” Access to mirror trading technology


This comprehensive review analyzed six leading global prop trading firms actively providing funded services to aspiring traders based in Canada. While offerings differ, all profiled companies enable Canadians to access professional-grade trading capital, analytics and infrastructure to unlock income potential from global markets.

  • FTMO – Multi-asset backing at scale ⬆️ $100K
  • The Funded Trader – Sophisticated stock/options focus
  • TopStep – Authority in futures, over $2M buying power
  • Maven Trading – Expert crypto and securities trades up to $1M
  • SurgeTrader – Cutting-edge options order execution
  • Traders With Edge – Crypto-centric, accessible $1K minimum

Rather than one outright leader – traders can leverage strengths aligning closest with preferences across:

  • Asset classes traded
  • Platform capabilities
  • Funding account tiers
  • Profit split arrangements

As prop trading keeps advancing in Canada, reputable global firms stand keen to keep pace with innovations in regulation, technology and accessibility. The time has arrived for more independent traders to access proven springboards helping unlock income potential in 2024.


  1. What is the minimum to start prop trading in Canada?

Minimums range from $500 with some firms up to $25,000 for elite status, depending on account tier targets.

  1. Which markets can I trade via Canadian prop firms?

Most prop firms offer trading in stocks, options, futures, forex, crypto and other major assets classes.

  1. How do funded account profits get split?

Commonly 80/20 to 60/40 splits between traders and the firm, incentivizing trader performance with higher percentages.

  1. Can Canadians copy other successful prop traders?

Yes, many firms provide mirror trading and signal tools to automate copying profitable traders.

  1. Can prop trading fully replace a 9 to 5 job?

Given discipline and dedication, consistently profitable traders can exceed regular job income over time by scaling strategies.