Best Prop Firms

How these firms are ranked

Each firm below was checked on its own website and help centre in September 2026, and every price is the list price at that time, before any discount code. Positions rest on five points: how long the firm has operated, its Trustpilot rating and review count (or the absence of one), its published payout terms and timing, the list price of a comparable account, and how restrictive its rules are, including the drawdown type, the daily loss limit and any consistency rule. Forex and CFD firms are compared on a $100K two step challenge and futures firms on a $50K evaluation. A firm that is strong on several points ranks above one that leads on a single point. The full method is in how Select Prop Firms reviews prop firms.

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Best forex and CFD prop firms

Prices are list prices for a $100K two step challenge as at September 2026; E8 Markets sells only one step challenges, and FTMO and BrightFunded price in euros. More firms are listed under forex and CFD prop firms and in the best prop firms for forex trading.

1. FTMO

Best for: traders who want a long record and a static drawdown.

FTMO has run trader evaluations since 2015, the longest of the forex firms here, and has the group’s highest Trustpilot rating, 4.8 from 53,284 reviews. Its $100K 2 Step lists at €540 with targets of 10% and 5%, a 5% daily loss limit, a 10% static maximum loss and no time limit, and the fee is refunded with the first reward. Rewards can be requested from the 14th day after the first trade. The main drawback is the 80% starting split on the 2 Step, which reaches 90% only through the Scaling Plan. Read the FTMO review.

2. The5ers

Best for: patient traders who want to grow one account through scaling.

The5ers was founded in 2016 and is rated 4.7 on Trustpilot from 38,678 reviews. The $100K High Stakes New lists at $405 with targets of 10% and 5%, a 4% daily loss limit and an 8% static maximum loss. The split rises from 80% to 100% as the account scales, and 70% of the fee is returned in cash with the first payout, which can be requested 14 days after funding. The main drawback is a 3.5% commission on payouts by Rise, crypto or bank transfer, with $100K payouts capped at $4,000 per request. Read the review of The5ers.

3. FundedNext

Best for: manual traders who want rewards processed within 24 hours.

FundedNext launched in March 2022 and has the largest Trustpilot review count here, 80,313, with a rating of 4.5. The $100K Stellar 2 Step lists at $549.99 with targets of 8% and 5%, a 5% daily loss limit, a 10% static maximum loss and a fee refund with the first reward. FundedNext promises to process rewards within 24 hours or add $1,000, excluding bank transfers and manual reviews. The main drawback is that expert advisors are banned on accounts of $50,000 or more, and only 40% of funded profit from trades within five minutes of listed high impact news counts. Read the FundedNext review.

4. Funding Pips

Best for: intraday traders who want to choose how often they are paid.

Funding Pips is rated 4.5 on Trustpilot from 69,368 reviews. Its $100K 2 Step Standard lists at $652, with a 10% static maximum loss and a choice of weekly, fortnightly, on demand or monthly rewards paying 60%, 80%, 90% or 100%, while the 2 Step Pro costs $466 with 6% targets and a 6% static limit. Rewards are processed within one to three working days. The main drawback is that funded Master accounts close open positions each day unless the trader buys a Swing add on. Compare FTMO vs FundingPips head to head.

5. FXIFY

Best for: traders who want a choice of one, two or three phase challenges.

FXIFY is rated 4.3 on Trustpilot from 6,320 reviews. Its $100K Two Phase lists at $549, as a Standard version with a 10% trailing limit that locks at the starting balance or a Classic version with a 10% static limit. On the One Phase, Two Phase Standard and Three Phase, FXIFY states that the first payout is on demand once the first funded trade closes in profit, with the fee refunded on request. The main drawback is that FXIFY does not accept US residents and pays only through Rise. Read the FXIFY review.

6. E8 Markets

Best for: traders who want to configure their drawdown and payout share.

E8 Markets was founded in 2021 and is based in Dallas. It sells one step challenges only: the $100K E8 One lists at $488 with a 6% drawdown that locks at the initial balance, and E8 Pro costs $468 with daily payouts and no consistency rule. E8 reports median times of 11 hours to payout approval and 24 hours to funds arriving for January to May 2026, and US clients can trade on TradeLocker and Match Trader. The main drawback is that Trustpilot shows no rating for E8 Markets because of a breach of its guidelines, with 3,298 reviews listed. Read the E8 Markets review.

7. Alpha Capital

Best for: traders who want to set their own target and drawdown.

Alpha Capital Group was founded in November 2021 and is registered in the UK. The $100K Alpha Pro 10% lists at $447 with targets of 10% and 5%, a 5% daily loss limit and a 10% static maximum loss, while Alpha One offers one step targets of 6%, 10% or 12%. Payouts are paid within two business days through Rise, Wise or bank transfer. The main drawback is that Trustpilot shows no rating for Alpha Capital because of a breach of its guidelines, with 21,787 reviews listed, and US residents cannot buy a challenge.

8. BrightFunded

Best for: swing traders who want no consistency rule and weekend holding.

BrightFunded was established in 2023, has no consistency rule on any plan, permits expert advisors and allows weekend holding. The $100K 2 Step Classic lists at €497 with a 5% daily loss limit and a 10% static maximum loss, and the split rises from 80% to 100% through scaling. Payouts are processed within one day, with no minimum and no BrightFunded fee. The main drawback is that the first payout comes 30 days after the first funded trade, and Trustpilot shows no rating because of a breach of its guidelines, with 572 reviews listed. Read the BrightFunded review.

9. Maven Trading

Best for: manual traders on a small budget.

Maven Trading has operated since 2022 and has the lowest list price of any paid challenge here, $13 for a $2,000 Standard 3 Step. The $100K Standard 2 Step lists at $440 with a 4% daily loss limit and an 8% static maximum loss, payouts run every 10 business days and the fee is refunded with the third payout on most plans. The main drawback is a ban on expert advisors and a $10,000 withdrawal cap per rolling 30 day cycle, and Trustpilot shows no rating because of a breach of its guidelines, with 5,214 reviews listed. Read the Maven Trading review.

Best futures prop firms

Every futures firm here sells a one step evaluation, so the table compares $50K accounts at list price, checked in November 2026. The full ranking of ten firms, with each one’s rules, payouts and current code, is in the best futures prop firms. More firms are listed under futures prop firms, and futures drawdown rules explains end of day and intraday limits.

Quick picks

More options sit in the cheapest prop firms, futures prop firms with no daily limit and one step vs two step challenges.

Compare firms by trading style

The shortlists further down this page group firms by trader type and funding model, including beginners, US traders, one step and two step challenges, instant funding and no daily drawdown. To set firms side by side, use the comparison table, read head to head matchups in prop firm comparisons, or answer a few questions in the prop firm quiz. Terms change often, so confirm the current rules and price on the firm’s own site before buying a challenge.