Best Prop Firms for US Traders

DNA Funded is our top recommendation for US traders due to its low fees, sophisticated trading platforms, and customizable challenge add-ons. With flexible one-step and two-step challenge types, profit splits of up to 90%, and over 800 tradable markets, DNA Funded caters to a wide range of trading styles and strategies.

DNA Funded is the best prop firm for experienced traders in the USA, scoring 97/100 in our analysis. As a newly launched firm backed by DNA Markets, it combines competitive fees, customizable challenge add-ons, advanced trading platforms, and hundreds of financial markets.

Prop Challenges

DNA Funded offers three challenge types: Single Helix, Double Helix, and Pro Challenge, each designed to test your trading and risk management skills.

The Single Helix Challenge is a one-step evaluation, requiring a 10% profit target with unlimited trading days. This is ideal if you prefer a relaxed pace and long-term strategies.

The Double Helix Challenge involves a two-step process, with a 10% profit target in Phase 1 and 5% in Phase 2. This challenge provides added structure and is suited if you consider yourself a more disciplined trader focused on gradual growth.

If you want the fastest evaluation, the Pro Challenge requires a 5% profit target to be met within 10 calendar days. While the time frame is tight, it’s perfect for high-frequency or scalping strategies.

Add-ons for higher profit shares up to 90% and faster payouts of 7 days instead of 14 are available for most challenges, you traders to customize your evaluation experience.

Spreads and Fees

DNA Funded’s partnership with DNA Markets ensures competitive spreads and transparent fees. Forex spreads start as low as 0.0 pips for EUR/USD, with other major pairs like GBP/USD and USD/JPY averaging 0.1 to 0.2 pips.

You pay a $5 commission per trade round trip ($2.50 per side), which is lower than most competitors and supports cost-effective high-frequency trading.

Financial Markets

With over 800 tradable assets, DNA Funded provides the best market access of all prop firms.

• Forex: 50+ pairs, including majors, minors, and exotics, with leverage up to 50:1.
• Indices and Commodities: Major global indices like US500 and commodities like Gold, Oil, and Natural Gas, all at 10:1 leverage.
• Stocks: Blue-chip equities with 10:1 leverage, allowing diverse portfolio opportunities.
• Cryptocurrency: Available for Single and Double Helix challenges, with 2:1 leverage.

The wide range of instruments is ideal for traders who diversify across asset classes, though crypto is excluded from the Pro Challenge.

Trading Platforms

DNA Funded supports two platforms—TradeLocker and DXTrade.

1. TradeLocker integrates with TradingView, offering advanced charting tools and on-chart trading functionality.
2. DXTrade is tailored for beginner traders, providing a customizable interface and basic automation features.

For most traders, TradeLocker is the better choice, delivering a smoother, more reliable experience with advanced technical analysis tools.

Payments and Payouts

DNA Funded offers flexible payment options, including cryptocurrency and bank transfers, with reasonable transaction fees (1% for crypto, $50 for bank transfers).

Profit payouts occur every 14 days with an 80% split, upgradeable to 90% with the profit split add-on. Traders can also opt for a 7-day payout cycle, making it easier to access funds faster.

This flexibility ensures consistent cash flow, appealing to both casual and frequent traders.

Trust and Community

Although DNA Funded is a new firm, its association with DNA Markets, an ASIC regulated forex broker, adds credibility.

The prop firm’s Discord community is growing, providing a platform for trader interaction and support. As DNA Funded develops, we expect further expansion of its social media presence and customer feedback platforms like TrustPilot.

Support and Education

DNA Funded currently offers email-based customer support, with plans to expand into live chat as the firm grows. While limited, the firm’s Discord server provides a community space for trader discussions and basic support.

Education resources are minimal but expected to grow, starting with an FAQ section and eventually including more tutorials and guides.

Verdict on DNA Funded

DNA Funded combines low fees, competitive trading conditions, and customizable challenges that will appeal more experienced traders. The wide market access and advanced platforms make it a strong choice for anyone wanting to maximize profitability while maintaining flexibility.

DNA Funded ReviewVisit DNA Funded

OANDA Prop Trader is our pick for beginner US traders due to its combo of low challenge fees, flexible account options, and high profit payouts. The prop firm’s MT5 platform provides easy to use trading tools and charting capabilities, and their global reputation as a trusted forex broker adds confidence to its funded trader programs.

OANDA Prop Trader ranks as the best prop firm for US traders, scoring 90/100 in our testing and analysis. With a strong reputation as a trusted forex broker and tailored prop trading programs, OANDA offers low challenge fees, competitive trading conditions, and a solid payout structure.

Prop Trading Challenges

OANDA provides two structured challenge types—Classic and Boost—designed to test trading skills and risk management abilities. Both challenges follow a two-phase evaluation process, with profit targets and loss limits clearly defined.

• Classic Challenge:
  • Profit share set at 80%.
  • Account sizes range from $5,000 to $500,000.
  • Fees start at $35 for smaller accounts, making it accessible to beginner traders.
• Boost Challenge:
  • Higher profit shares between 88%-90%, appealing to those seeking larger returns.
  • Fees are higher, starting at $249 for a $25,000 account.

In Phase 1, you must meet an 8% profit target, while Phase 2 requires a 5% profit target. Both phases come with a 5% daily loss limit and a 10% trailing drawdown.

You can also benefit from the 20% retry discount for failed challenges, and successful traders receive a refund of the challenge fee with their first profit share payout.

Forex Spreads

OANDA uses a commission free pricing model, incorporating trading costs within the spreads to simplify fee structures.

For forex pairs, spreads are around 1.1 pips for EUR/USD or 1.4 pips for USD/JPY. This is slightly wider compared to firms offering raw spreads with commission fees, which may deter more experienced traders. In that case, we recommend DNA Funded.

Financial Markets

OANDA’s range of instruments includes 56 tradable assets, covering forex, indices, and commodities. While the selection is narrower than some competitors, it provides excellent options for those focusing on core markets.

• Forex: 36 currency pairs and leverage of up to 100:1
• Indices: 15 major global benchmarks, such as the US500, UK100, and JP225
• Commodities: Gold, Silver, Oil, and Natural Gas

Trading Platforms

OANDA offers access to MetaTrader 5 (MT5), a platform known for its advanced features and tools.

• Advanced Charting Tools – Over 21 timeframes and numerous indicators.
• Automated Trading – Supports Expert Advisors (EAs) for algorithmic trading.
• Depth of Market (DOM) – Displays liquidity levels for better decision-making.
• Strategy Testing – Multi-currency backtesting enhances the evaluation of automated strategies.

Payments and Profit Payouts

OANDA provides multiple payment methods for challenge fees, including credit/debit cards, Apple Pay, Google Pay, and cryptocurrency (availability depends on location). Profit payouts are processed every 14 days, with profit splits ranging from 80%-90% depending on the challenge type.

Customer Support and Education

OANDA offers email and live chat support, though live chat availability can be inconsistent. OANDA Labs provides educational content, including trading guides, platform tutorials, and analytical tools like the Currency Strength Tool. These resources are well-suited for both beginners and advanced traders looking to refine their strategies.

Trust and Community

OANDA’s prop trading program benefits from its association with a globally respected brand. While the prop trading arm operates separately and is not regulated, its reputation as a forex broker provides a layer of credibility.

Additionally, OANDA’s social media presence is active and the prop firm has a 4.1/5 star TrustPilot, with positive feedback focusing on reliable support and platform performance.

Verdict on OANDA Prop Trader

OANDA Prop Trader is our top choice for US traders, offering clear challenge structures, low fees, competitive profit payouts, and a solid MT5 platform offering.

OANDA ReviewVisit OANDA

Funded Trading Plus (FTP) is one of the best prop firms for instant funding, offering immediate access to funded accounts through its Master Trader Program. With flexible evaluation options, competitive profit splits starting at 80%, and frequent payout schedules, FTP caters to traders seeking quick and adaptable funding solutions.

Funded Trading Plus (FTP) offers three evaluation options, but most popular for its instant funding offering through the Master Trader Program.

Prop Trading Challenges

Funded Trading Plus (FTP) offers three evaluation options designed to cater to different trader preferences, with account sizes ranging from $5,000 to $200,000.

1. Instant Funding (Master Trader Program): No evaluation required. Traders gain immediate access to funded accounts with an 80% profit split, scalable to 90%.
2. One-Phase Challenges (Experienced Trader Program): A single-stage evaluation requiring a 10% profit target with maximum losses capped at 6% and daily losses at 4%. Ideal for traders seeking a streamlined evaluation process.
3. Two-Phase Challenges (Advanced and Premium Trader Programs): A two-step process with 8-10% profit targets in Phase 1 and 5-8% in Phase 2, offering a more gradual evaluation structure.

Customisable add-ons include profit split upgrades, faster payouts, and account scaling, allowing traders to tailor their funding experience.

Financial Markets and Platforms

FTP provides access to 53 instruments across forex, commodities, indices, and cryptocurrencies, with leverage options tailored to each asset class:

• Forex: 37 pairs with leverage up to 30:1, covering major, minor, and exotic currencies.
• Commodities: Includes gold, silver, and oil with leverage up to 10:1.
• Indices: Eight major global indices, such as NASDAQ 100 and S&P 500, with leverage up to 20:1 (10:1 on cTrader).
• Cryptocurrencies: Bitcoin, Ethereum, and others, offered with leverage of 2:1.

Traders can select from five platforms, including Match-Trader for TradingView integration, MetaTrader 4 and 5 for comprehensive trading tools, and cTrader for advanced functionality (though it requires a $25 fee). DXTrade is also available but may experience connectivity issues.

Payments and Profit Payouts

FTP offers flexible payment and payout structures:

• Deposit Options: Payments via credit cards or cryptocurrency.
• Profit Payouts: Traders can withdraw profits every 3, 5, or 7 days, with an 80% split upgradeable to 90%. Minimum withdrawal is $50, and payouts are processed through bank transfers or cryptocurrency.

The adaptable withdrawal schedule and competitive profit splits appeal to traders seeking timely profit access.

Support and Education

FTP provides 24/7 customer support via live chat and email in English, but the initial bot responses may delay resolution. Support is generally prompt once connected to a human representative.

The firm’s educational resources include blogs and YouTube tutorials, covering platform guides and trading insights. While useful for intermediate traders, beginners may find the materials too basic.

Trust and Community

While FTP is not affiliated with a regulated broker, its 4.7/5 TrustPilot score from over 2,000 reviews highlights positive user experiences. The firm fosters a strong community presence with an active Discord server of 40,000+ members and engagement on social media platforms.

Verdict

Funded Trading Plus offers a variety of evaluation programs, flexible scaling plans, and competitive profit splits, making it a strong choice for traders seeking a customisable funding experience.

Funded Trading Plus ReviewVisit Funded Trading Plus

Topstep is the popular choice for futures traders in the US due to its market access, 100% profit split on the first $10,000, and different platform options. Its structured three-step evaluation process ensures you build consistent strategies while offering flexibility with no time limits to pass.

Topstep offers a generous profit split and a good automatic scaling program for both profit split and account size. With 100% profit retention on the first $10K and no time limits on the Trading Combine, Topstep’s model is designed for consistent traders who value risk management.

Prop Trading Challenges

Topstep’s evaluation process consists of three stages, each designed to help traders demonstrate consistency and risk management skills while progressing to a funded account.

• Trading Combine: Simulated trading with no time limits. Traders must hit profit targets without breaching loss limits, while ensuring consistency in daily performance.
• Express Funded Account: Simulated trading with real profit payouts and no set profit target. Traders need five profitable days to move to the next phase.
• Live Funded Account: Real capital trading begins with the same profit split structure. Adherence to strict loss limits is essential to maintain the account.

Financial Markets and Platforms

Topstep specializes in futures trading, providing access to 32 contracts across indices, commodities, forex futures, and agricultural markets. Popular products include the E-mini S&P 500, crude oil, and gold futures.

Traders can choose from several platforms, with free options like TopstepX and TradingView catering to beginners, and paid platforms like NinjaTrader offering advanced features for experienced traders. TopstepX stands out as a commission-free option, though traders are locked into the platform once the challenge begins.

Payments and Profit Payouts

Topstep’s payout structure is among the most competitive in the industry. Traders keep 100% of profits up to $10,000, with a 90/10 split thereafter. Withdrawals can be requested after achieving five profitable days with a minimum profit of $200 per day.

Profit payouts are processed daily, and multiple withdrawal methods, including Wise and wire transfers, are available. After 30 profitable trading days, traders gain access to their full account balance.

Support and Education

Topstep provides 24/7 customer support through live chat, email, and phone, although transitioning from automated to human support may cause delays.

Educational tools include live market analysis via TopstepTV, blog posts, podcasts, and interactive group coaching sessions. These resources cater to both beginner and experienced traders, helping them refine strategies and improve performance.

Trust and Community

Topstep has built a solid reputation, earning a 4.6/5 TrustPilot score from over 5,500 reviews. The firm’s active presence on platforms like Discord and YouTube fosters a strong community among traders.

The Discord server, with 86,000 members, offers live Q&A sessions, market discussions, and platform-specific support, creating a collaborative environment for traders at all skill levels.

Verdict on Toptstep

Topstep is the top choice for US-based futures traders, combining a flexible evaluation process, competitive profit payouts, and sophisticated platform options. While data fees in the Live Funded Account can be costly, the firm’s generous profit structure and extensive educational resources make it a standout option for traders seeking a funded futures account.

Topstep ReviewVisit Topstep

City Traders Imperium (CTI) is one of the most attractive prop trading firms for traders prioritizing high profit splits and flexible scaling opportunities. With options to earn up to 100% profit share and participate in multiple funding programs, CTI caters to both beginners and experienced traders. The firm’s inclusion of monthly trader salaries adds a unique benefit, making it a strong contender for traders focused on consistent growth and income.

City Traders Imperium (CTI) offers a range of features designed to attract traders looking for high profit splits and scalable funding opportunities. With multiple evaluation models, instant funding options, and a unique trader salary program, CTI caters to a variety of trading styles. The firm provides competitive spreads and commission rates, though its platform options are somewhat limited compared to competitors.

Prop Trading Challenges

CTI offers three funding programs tailored to different trader needs:

• 1-Step Challenge: A single-phase evaluation requiring a 10% profit target with no minimum trading days. Perfect for traders seeking quick funding access.
• 2-Step Challenge: A structured, two-phase process requiring a 10% profit target in Phase 1 and 5% in Phase 2, with no time limits. This is ideal for disciplined traders focused on steady growth.
• Instant Funding: Designed for experienced traders, this program provides immediate access to trading capital with profit splits starting at 80%.

Spreads and Trading Fees

City Traders Imperium offers competitive spreads, with forex spreads starting as low as 0.3 pips for EUR/USD. Commission fees are straightforward: $5 per lot round turn for forex and commodities, $0.50 for indices, and zero commission for cryptocurrency trades.

The firm partners with Broctagon, a CySEC-regulated liquidity provider, to deliver reliable execution and optimal trading conditions. However, details on spreads for non-forex instruments are limited, which may require traders to evaluate costs based on their specific strategies.

Financial Markets and Leverage

City Traders Imperium provides access to 50 trading instruments across forex, commodities, indices, and cryptocurrencies. Leverage varies by account type, with forex offering the highest ratios.

• Forex: 28 pairs with leverage up to 1:30 for evaluation accounts and 1:10 for Instant Funding accounts.
• Commodities: Includes gold, silver, and crude oil with leverage capped at 1:10.
• Indices: Popular benchmarks like US30 and DE40, with 1:10 leverage.
• Cryptocurrencies: Six assets, including BTC/USD and ETH/USD, with leverage set at 1:2.

Trading Platforms

CTI supports two platforms, catering to a range of trading needs:

• MetaTrader 5 (MT5): Ideal for advanced traders, offering tools like Depth of Market (DOM), 21 timeframes, and 38 built-in technical indicators.
• Match Trader: A beginner-friendly platform with simplified order placement and charting tools, accessible on both desktop and mobile.

This dual offering allows traders to choose between advanced analytics on MT5 and the streamlined interface of Match Trader.

Payments and Profit Payouts

CTI accepts various payment methods for audition fees, including credit/debit cards, cryptocurrencies (Bitcoin, Ethereum, and USDT), and bank transfers. Fees range from $39 to $4,799, depending on the funding program and account size.

Profit payouts begin at 80%, scaling up to 100% as traders hit performance milestones. Withdrawals are processed efficiently through the CTI dashboard wallet, typically taking one business day. While the $100 minimum withdrawal threshold may deter smaller accounts, the overall payout process is seamless and reliable.

Support and Education

City Traders Imperium offers support via live chat, email, and a detailed FAQ section. While live chat provides timely assistance during business hours, the FAQ section addresses common queries about funding programs and trading conditions.

Educational resources include webinars, trading strategy guides, and courses covering topics like Smart Money Concepts and trading psychology. These materials cater to traders at various skill levels, though the offerings are less extensive compared to some competitors.

Trust and Community

City Traders Imperium has earned a solid reputation within the trading community, reflected in its 4.5/5 TrustPilot score. Client reviews frequently commend the firm’s transparent trading rules and competitive challenges. CTI also fosters a strong community presence, with 18,800 Discord members and active engagement across Twitter, Facebook, and LinkedIn.

These platforms allow traders to share insights, access support, and participate in exclusive giveaways, strengthening the firm’s commitment to building an engaged and supportive trading environment.

Verdict on City Traders Imperium

City Traders Imperium is a suitable choice for traders seeking high profit splits and flexible funding options. While its platform selection and market range are limited compared to competitors, the firm’s competitive pricing and trader-focused benefits make it appealing for those prioritising profit payouts and scaling opportunities.

City Traders Imperium ReviewVisit City Traders Imperium

The Funded Trader places a strong emphasis on social trading, fostering a collaborative trading environment through active Discord communities and integration with popular trading platforms like TradingView. You can benefit from the platform’s support for copy trading, sharing strategies, and engaging in discussions about market trends. While higher fees and limited customer support availability might deter cost-conscious traders, its community-driven approach makes it a solid choice if you value an established trading community.

The Funded Trader operates independently of regulated brokers and conducts evaluations through demo accounts. Payouts are facilitated via Rise, offering bank transfers, cryptocurrency, and local currency options. While the firm’s Trustpilot score is 3.3 out of 5 stars, its active Discord community provides a platform for engagement and updates.

Prop Trading Challenges

The Funded Trader offers challenges tailored to different trading styles and levels of experience:

• Knight Challenge: One-step evaluation with lower drawdown limits, suitable for simpler strategies.
• Rapid Challenge: A two-step process with the option to expedite withdrawals for faster access to funds.
• Dragon Challenge: A three-step evaluation designed for more experienced traders.
  While the variety of challenges is a strength, the firm’s website can make comparing options more complex due to inconsistent presentation of key details.

Forex Spreads

The Funded Trader does not publish specific spread information, which may make it challenging for traders to estimate costs accurately. Commission fees are $4 per lot for forex trades, which is higher than some competitors and may impact profitability for high-frequency trading strategies.

Financial Markets

The Funded Trader supports trading in over 50 instruments across major asset classes:

• Forex: More than 30 currency pairs, including popular options like EUR/USD.
• Commodities: Key assets like gold, oil, and natural gas.
• Indices: Global indices such as US30 and NASDAQ 100.
• Cryptocurrencies: Limited pairs like BTC/USD and ETH/USD, with conservative leverage.

Leverage varies by asset class and challenge, ranging from 1:200 for forex during challenges to more restrictive limits for cryptocurrencies.

Trading Platforms

The Funded Trader offers four trading platforms to cater to different preferences and needs:

1. MT5: Comprehensive tools for technical analysis and automation.
2. cTrader: Focused on advanced charting, though it incurs a $25 fee.
3. DXtrade: Simplified interface but with reported connectivity issues.
4. Match-Trader: A user-friendly option for basic trading needs.

While the range of platforms is beneficial, the absence of MetaTrader 4 could be a drawback for traders accustomed to that platform.

Payments and Profit Payouts

The Funded Trader accepts payments for challenge fees via credit/debit cards, cryptocurrency, and e-wallets like Skrill. Payouts are processed through Rise, with options for bank transfers or cryptocurrency. Add-ons allow for expedited payouts as early as 7 days, although standard cycles are 14 days or monthly.

Customer Support and Education

Customer support operates on limited hours, with response times of 1–3 days for live chat inquiries. Educational resources are mainly offered through a YouTube channel featuring webinars and trading tips. The lack of a dedicated educational portal may limit the firm’s appeal for traders seeking structured learning materials.

Trust and Community

The Funded Trader has a Trustpilot score of 3.3/5, with mixed feedback highlighting issues like payout delays and inconsistent account rules. Its Discord community, with over 107,000 members, is a resource for announcements and trader engagement, though only a small percentage of members are funded or actively in challenges.

Verdict on The Funded Trader

The Funded Trader provides a wide range of challenges and scaling opportunities, appealing to traders who value flexibility and customisation. However, higher fees, limited support availability, and a lack of transparency around spreads could make it less suitable for traders seeking straightforward costs and faster assistance.

Funded Trader ReviewVisit The Funded Trader

MyFundedFX is a prop trading firm offering varied challenges and flexible payout options. Its range of platforms, including MT5, cTrader, MatchTrader, and DXTrade, caters to different trading styles. The firm’s 1-step to 3-step evaluation processes suit a variety of skill levels, while its spreads and commissions are competitive compared to other firms. However, the leverage cap of 1:30 may not appeal to traders accustomed to higher-risk trading.

MyFundedFX offers a selection of funded trading accounts with a score of 65/100 in our testing. Account sizes range from $5,000 to $200,000, and the firm provides scaling options for consistent traders. Profit splits begin at 80% and can be upgraded to 90% for an additional fee.

Prop Trading Challenges

MyFundedFX offers four challenge types:

• 1-Step Challenge: One-phase evaluation requiring a 10% profit target and allowing a maximum trailing drawdown of 6%.
• 2-Step Challenge: A two-phase evaluation with profit targets of 8% for Phase 1 and 5% for Phase 2, with static drawdown limits.
• 2-Step Max Challenge: Similar to the 2-Step Challenge but with more relaxed drawdown limits (10% max).
• 3-Step Challenge: A slower, three-phase evaluation process with lower profit targets, ideal for cautious traders.

Challenges feature unlimited trading days, 14-day payout intervals, and the option to increase the profit split to 90% by paying an additional fee.

Forex Spreads

Spreads depend on the chosen platform. MatchTrader offers the lowest spreads starting at 0 pips, with a $3 commission per lot. MT5 follows with near-zero spreads and a $5 commission, while cTrader and DXTrade have slightly higher spreads and commissions.

Financial Markets

MyFundedFX provides over 175 trading instruments, including forex, indices, commodities, and crypto. Leverage caps at 1:30 for forex, 1:10 for indices and commodities, and 1:2 for crypto. While the market variety is solid, the leverage limitations may not suit traders accustomed to higher exposure.

Trading Platforms

MyFundedFX supports four platforms, each catering to different trader preferences:

1. MT5: Advanced technical tools and multi-device compatibility for manual traders.
2. cTrader: Focused on efficient execution and extensive charting features.
3. MatchTrader: Designed for cost-effective trading with social trading integration.
4. DXTrade: Accessible for beginners, offering a straightforward trading experience.

Payments and Profit Payouts

Payments for challenge fees can be made using credit cards or cryptocurrency, providing flexibility for global traders. For payouts, traders can withdraw profits every 14 days using cryptocurrency or the Rise platform, which supports bank transfers and local currency payouts. The minimum withdrawal amount is $65, and payouts requested on weekends are processed the next business day.

While the payout system is straightforward, traders should be mindful of potential delays during holidays and weekends.

Customer Support and Education

Customer support is accessible through live chat and the firm’s Discord server. Live chat responses are generally quick, addressing common issues like account setup and trading rules.

The firm’s YouTube channel offers an extensive library of videos covering trading strategies, challenge tips, and market analysis. While educational content is available, it primarily focuses on intermediate traders, leaving beginners with fewer structured resources.

Trust and Community

MyFundedFX has a 4/5 TrustPilot rating, with traders highlighting fast payouts and responsive support as positives. However, some reviews mention dissatisfaction with recent rule changes.

The firm’s Discord server, hosting over 125,000 members, provides an active space for traders to share experiences, strategies, and payout proofs. While the community engagement is strong, a better balance of funded to active members could enhance credibility.

Verdict on MyFundedFX

MyFundedFX provides a balanced offering with diverse challenges, reliable payouts, and competitive trading costs. However, the capped leverage and recent rule adjustments may not appeal to every trader. Overall, it suits those looking for structured evaluation processes, responsive support, and an active trading community.

MyFundedFX ReviewVisit MyFundedFX

FXIFY’s funded trader program offers flexibility with one-step, two-step, and three-step evaluation challenges tailored to different trading styles. Funded accounts range up to $400,000, with scaling opportunities allowing account growth of up to 200% every three months for consistently profitable traders.

FXIFY scored 68/100 in our analysis. It offers account sizes ranging from $5,000 to $400,000, with fees starting at $39. Traders can access major platforms, including MT4, MT5, and DXTrade, alongside add-ons like bi-weekly payouts and increased leverage. FXIFY partners with FXPIG as its liquidity provider but does not disclose detailed average spread data, which may impact transparency.

Prop Trading Challenges

FXIFY offers three challenge types tailored to different trader needs:

• One Phase Challenge: A single-step process requiring a 10% profit target with a 6% trailing drawdown, designed for skilled traders seeking quick funding.
• Two Phase Challenge: A two-step evaluation with a 10% profit target in Phase 1 and 5% in Phase 2, suited for disciplined traders.
• Three Phase Challenge: A slower-paced, three-step challenge with a 5% target per phase, ideal for beginners or cautious traders.

All challenges allow unlimited trading days but enforce strict daily loss limits ranging from 3% to 5%.

Add-ons include increased leverage, higher profit splits (up to 90%), and faster payout options, which allow traders to customize their funding experience based on their preferences and risk tolerance.

Forex Spreads

FXIFY advertises spreads starting at 0 pips, particularly during peak trading hours for major forex pairs like EUR/USD. However, spread data is not transparently published, which may make it harder for traders to evaluate actual trading costs.

During testing, spreads widened slightly during low-liquidity periods, such as off-hours. Traders using the raw spread model will encounter a $6 commission per lot, round-turn. Alternatively, the all-inclusive spread model removes commissions but results in slightly wider spreads.

Financial Markets

FXIFY provides access to over 100 trading instruments across forex, indices, commodities, stocks, and cryptocurrencies, with availability depending on the chosen platform:

• Forex: 42 pairs, including majors, minors, and exotics, with leverage up to 30:1.
• Indices: 13 global indices, including S&P 500 and DAX, with leverage capped at 10:1.
• Commodities: Gold, silver, and crude oil with leverage up to 10:1.
  Stocks: 30 equities available exclusively on MT5, with leverage at 2:1.
• Cryptocurrencies: Bitcoin, Ethereum, and Ripple available on MT4 and MT5, capped at 2:1 leverage.

For higher leverage (up to 50:1 for forex and gold), traders can purchase an add-on during account setup.

Trading Platforms

FXIFY supports MT4, MT5, and DXTrade, each catering to different trading needs:

1. MT4: Ideal for traders seeking stability and simplicity, with support for Expert Advisors (EAs) and a range of technical indicators.
2. MT5: Offers expanded features, including additional order types, timeframes, and Depth of Market (DOM) data, making it suitable for advanced strategies.
3. DXTrade with TradingView: Combines DXTrade’s customizable interface with TradingView’s sophisticated charting tools. However, some users have reported occasional connectivity issues during high-traffic periods.

Payments and Profit Payouts

FXIFY accepts payments via credit/debit cards, bank transfers, and cryptocurrency. Challenge fees range from $39 to $1,999, with customization options increasing costs.

Profit splits start at 80%, upgradeable to 90% with a fee. The first payout can be requested on demand after a profitable trade, while subsequent withdrawals follow a default monthly schedule. Bi-weekly payouts are available as an add-on. Withdrawals can be processed via bank transfers, cryptocurrency, or online platforms like Deel.

Customer Support and Education

FXIFY offers live chat and email support, though response times and support quality have been inconsistent based on user feedback. The FAQ section and Support Hub provide basic assistance for common queries.

Educational resources are limited, with minimal YouTube content and no in-depth tutorials or strategy guides, which may not meet the needs of traders seeking comprehensive learning tools.

Trust and Community

FXIFY has a 4.2/5 TrustPilot score, with positive reviews highlighting flexible trading rules and payout options. However, some users have reported delays in withdrawals and account activation, particularly for larger accounts.

Its active Discord community, with over 38,000 members, offers channels for trade ideas, asset-specific discussions, and public support, fostering trader interaction and collaboration. Social media platforms, including Instagram and Twitter, are also used to engage with the community.

Verdict on FXIFY

FXIFY’s flexible challenges and customization options make it a solid choice for traders looking for personalized funding paths. However, limited transparency around trading costs and educational resources may deter some users. Its active community and scaling opportunities balance these drawbacks, making FXIFY best suited for experienced traders prioritizing customization and community support.

FXIFY ReviewVisit FXIFY

Apex Trader Funding is a prop trading firm focused exclusively on futures trading with a unique profit-sharing model, allowing traders to keep 100% of their first $25,000 in profits, followed by a competitive 90% split. However, high monthly fees and limited educational resources make it better suited to experienced futures traders.

Apex specializes in futures markets, providing access to contracts on key exchanges, including CME, CBOT, COMEX, and NYMEX. Its offerings cater to traders focused on commodities, equities, currencies, and cryptocurrencies in the futures space. Apex’s profit split, account sizes, and evaluation structure are designed to attract experienced traders prioritizing clear risk parameters and consistent profit targets.

Prop Trading Challenges

Apex Trader Funding uses a one-step evaluation process that requires traders to hit fixed profit targets within at least seven trading days. This simplicity sets it apart from multi-phase challenges common at other firms.

Profit targets are fixed amounts, such as $1,500 for the $25,000 account and $6,000 for the $100,000 full account.

The evaluation is available with both trailing drawdown thresholds (common for most accounts) and static drawdown thresholds (offered for specific accounts like the $100,000 static option).

Once traders pass, they transition to a funded account with no scaling requirements, making it ideal for those seeking immediate trading flexibility.

Exchange Data Fees

Although Apex doesn’t offer forex, futures trading comes with its own costs, such as exchange and data fees, which can impact profitability.

• Exchange Data Fees: Futures markets require traders to subscribe to data feeds for real-time pricing. For example, accessing CME Group’s Level 2 data costs approximately $41 per month, with additional fees for other exchanges.
• Commission Fees: Tradovate accounts charge a $3.10 round-turn commission on popular contracts like the E-mini S&P 500, while Rithmic accounts charge $3.98 for the same. Micro contracts incur lower fees, such as $1.02 per round turn for Micro E-mini contracts.
• Platform Fees: NinjaTrader and Rithmic accounts include software costs in the monthly fee, but additional features or add-ons may require separate subscriptions.

Financial Markets

Apex focuses exclusively on futures trading, offering 46 instruments across:

• Currency Futures: Major pairs like Euro FX and British Pound futures
• Equity Futures: Index products like E-mini S&P 500 and NASDAQ 100 futures
• Energy Futures: Contracts for crude oil, natural gas, and heating oil
• Metal Futures: Gold, silver, and copper futures, plus micro contracts
• Agricultural Futures: Corn, wheat, and lean hogs
• Cryptocurrency Futures: Micro Bitcoin and Micro Ether

Trading Platforms

Apex supports well-known futures trading platforms tailored to various needs:

1. NinjaTrader 8: Best for advanced analytics and automation, offering customizable charting and algorithmic trading.
2. Tradovate: A web-based option compatible with TradingView, suitable for traders seeking a simple, multi-device experience.
3. RTrader Pro: Geared toward high-frequency trading with low-latency data feeds, ideal for professionals requiring precise execution.

These platforms provide flexibility, but Apex traders incur data fees for access to market information, which can add to overall costs.

Payments and Profit Payouts

Apex Trader Funding’s payment structure centers on monthly subscription fees for evaluation accounts, ranging from $137 to $657, depending on account size and platform. Traders keep 100% of profits up to $25,000, then receive a 90% profit split on amounts above this.

• Payout Schedule: Profits can be withdrawn every eight trading days, with processing times of 3–4 business days.
• Safety Net: Apex requires traders to maintain a minimum account balance during the first three payouts to qualify for withdrawals.

Customer Support and Education

Apex offers 24/7 support via its online help desk, which provides guidance for setting up and using platforms like NinjaTrader, Tradovate, and Rithmic. However, its educational resources are limited, focusing on basic trading tutorials and risk management strategies. Traders looking for mentorship or detailed courses may need to supplement their learning elsewhere.

Trust and Community

Apex maintains a positive reputation, with a 4.5/5 TrustPilot rating based on over 10,000 reviews. Users frequently praise its profit-sharing structure and reliable payouts, though some express concerns over high fees and limited educational resources. Apex also hosts an active Discord community with over 22,000 members, offering a platform for traders to share experiences, though its engagement is less extensive than some competitors.

Verdict on Apex Trader Funding

Apex Trader Funding offers a straightforward approach to futures prop trading with clear profit-sharing and risk parameters. Its range of account sizes and platform options make it suitable for experienced traders, but high monthly fees and limited educational support may make it less appealing to beginners or cost-sensitive traders. Apex could benefit from more competitive pricing and expanded learning resources to compete with other futures-focused prop firms

Apex Trader Funding ReviewVisit Apex Trader Funding

MyFundedFutures is known for its minimal barriers to account funding, with a one minimum trading day requirement, which is rare in the prop trading industry. This flexibility allows traders to secure funded accounts quickly without being restricted by unnecessary delays.

MyFundedFutures is a US prop firm focused solely on futures trading. The firm offers access to global futures markets via leading platforms such as NinjaTrader and Tradovate. With a simple one-step evaluation process and no unnecessary time constraints, MyFundedFutures caters to traders prioritizing efficiency and straightforward challenges.

Prop Trading Challenges

MyFundedFutures’ evaluation process is designed for simplicity and speed. Key features include:

• 1 Minimum Trading Day: Traders can complete their challenge in a single day if profit targets are met.
• Account Sizes: Choose from $25,000 to $300,000 accounts.
• Profit Targets: Fixed targets depending on account size (e.g., $1,500 for a $25K account).
• Drawdown Options: Trailing drawdown or static drawdown available for specific accounts.
• Time Limits: No fixed time limits, giving traders the flexibility to trade at their own pace.

This structure provides a fast, flexible, and trader-friendly evaluation process.

Futures Trading Fees

MyFundedFutures exclusively supports futures trading, with costs determined by exchange fees and platform-specific commissions. CME data fees typically start at $15 per month, while trade commissions range from $2 to $5 per contract, depending on the platform used. This transparent fee structure ensures traders can accurately calculate their trading costs, making it ideal for futures-focused strategies.

Financial Markets

The firm grants access to a diverse range of futures markets, including:

• Currency Futures: Contracts such as Euro FX and British Pound.
• Equity Futures: E-mini S&P 500, NASDAQ 100, and other popular indices.
• Energy Futures: Crude oil, natural gas, and heating oil.
• Agricultural Futures: Corn, wheat, soybeans, and lean hogs.
• Cryptocurrency Futures: Micro Bitcoin and Ethereum contracts.

Trading Platforms

MyFundedFutures supports industry-leading trading platforms tailored to different needs:

1. NinjaTrader 8: Customizable analytics, charting tools, and automation for experienced traders.
2. Tradovate: A beginner-friendly platform with cloud-based access for trading on the go.
3. TradingView: Best for advanced charting and technical analysis.
4. RTrader Pro: Optimized for high-frequency and low-latency trading.

These platforms ensure a seamless trading experience for futures traders of all levels.

Payments and Profit Payouts

MyFundedFutures offers flexible payment options with challenge fees between $137 and $657, based on account size and drawdown preferences. You keep 100% of your first $10,000 in profits, followed by a 90% split on additional earnings.

Payments can be made via credit cards, bank transfers, or cryptocurrency, while withdrawals are processed every eight trading days with quick turnaround.

Customer Support and Education

Customer support is available via email and an online help desk. While response times are generally prompt, the lack of live chat or phone support may limit immediate assistance. Educational resources focus on platform tutorials and futures trading basics, but advanced traders may find them limited compared to competitors.

Trust and Community

MyFundedFutures has built a solid reputation, with traders praising its quick evaluation process and reliable payouts. The firm maintains an active Discord community, where members share strategies, ask questions, and exchange trading insights.

Verdict on MyFundedFutures

MyFundedFutures is an option for traders seeking a fast, efficient evaluation process, thanks to its 1 Minimum Trading Day policy. This combined with competitive fees, flexible payout structures, and access to a wide range of futures markets, makes it number 10 for US traders.

MyFundedFutures ReviewVisit MyFundedFutures