Want to trade with just a few hundred dollars in your account? Forex prop firms can give you access to accounts worth up to $200,000 with profit splits reaching 90%. This piece about the 9 best forex prop firms will show you how to get funded when you’re starting out.
A prop firms (proprietary trading firm) gives traders capital to trade financial markets. The right prop trading firms can stimulate your growth by a lot when you’re new. These firms make professional trading available to almost anyone with entry fees starting at just $28 and achievable profit targets between 9-10%. They also provide educational resources, tools, and guidance to help you trade smarter and avoid common mistakes.
We’ve researched the best proprietary trading firms for beginners to help you choose wisely. Our detailed guide covers everything from firms with excellent 4.8/5 Trustpilot ratings to those offering same-day approval and 24-hour payouts. Your performance can earn you profit splits from 50% to as high as 90%, making your choice of prop trading firm crucial to your trading experience.
GFunded stands out as a revolutionary force in the prop trading industry. The company offers aspiring traders a clear path to funded accounts through its optimized evaluation process.
GFunded keeps its entry criteria simple and clear:
Traders can start by selecting an evaluation program that matches their style and goals. The next step involves completing registration with personal information for identity verification.
GFunded‘s evaluation uses a well-laid-out approach that puts traders first:
Traders need to stay consistent and meet profit targets while respecting drawdown limits. GFunded values proper risk management as much as profitability.
Successful traders get access to funded accounts with attractive profit-sharing structures. The profit splits work on a performance basis:
Qualified traders can request payouts through their dashboard. Most payouts complete within 24 hours. GFunded makes all payout details clear upfront, similar to other prominent firms in the industry.
GFunded supports traders with detailed educational resources:
The educational content blends practical skills with theory. This approach helps traders boost their technical abilities and trading psychology. Reading these guidelines helps traders substantially improve their chances of passing evaluation and securing funding.
FTMO is a 10-year old prop firm that’s leading the forex trading world. They’ve created a clear path for traders to access accounts with simulated capital up to USD 200,000 through their well-laid-out evaluation process and trading goals.
FTMO accepts traders from around the world, with some location limits. They welcome traders of all experience levels—from beginners to market veterans. These are the simple requirements:
FTMO doesn’t look at your past trading history. They focus on how you follow trading goals and handle risk during their tests.
FTMO uses a two-step evaluation to spot trading talent. Here’s how it works:
Traders who complete both phases might qualify for an FTMO Account after their trading review. FTMO will need your passport or national ID at this point.
FTMO pays real money even though you trade with simulated capital:
FTMO’s payout system offers great benefits:
FTMO’s Academy helps you learn with strong educational support that covers:
You can try FTMO’s Free Trial to practice safely with real market conditions. The Academy tests help you learn and earn bonus rewards when you pass.
FTMO Account holders get extra tools:
These tools help you avoid mistakes and build skills to manage accounts up to USD 200,000 successfully.
For Traders stands out in the forex prop firm market by combining learning tools with funded trading opportunities. Traders can develop their skills in a supportive environment while getting access to substantial trading capital.
Starting with For Traders is easier than with many other prop firms. The platform gives you:
The entry process looks at your current trading skills instead of past experience. This makes it available to beginners who want to prove themselves. You just pick your virtual capital amount, pay once, and start trading under their guidelines.
The Trading Challenge is the life-blood of For Traders’ evaluation system. It tests your abilities in a flexible environment:
This setup lets traders focus on quality trades without rushing to meet deadlines. Success comes from showing good risk management while hitting profit targets, all without the time pressure that often results in bad decisions.
Traders who pass the evaluation get funded accounts with great compensation:
A USD 50,000 account needs a USD 2,000 buffer zone. Your balance must reach USD 52,000 before you can withdraw at the 80% rate. This helps keep accounts stable while letting you access your earned profits.
For Traders provides detailed educational support to help improve trading results:
The learning materials help develop real-world skills. Traders can learn new concepts and use them right away with significant capital backing.
The platform lets you trade forex, futures, and cryptocurrencies. You can explore these markets based on what works best for you while following the same risk management rules across all accounts.
TopStep stands out from other prop firms because it focuses purely on futures trading instead of forex markets. This Chicago-based company lets traders manage large sums through their Trading Combine evaluation program.
Traders worldwide can join TopStep if they meet these basic requirements:
The company offers accounts from USD 50,000 to USD 150,000 with two payment options. Standard path costs USD 49.00/month plus a one-time USD 129.00 activation fee after passing. The No Activation Fee path costs USD 89.00/month with no extra fees.
The Trading Combine is the life-blood of TopStep’s system. It tests traders in a simulated environment to prove they can trade with discipline. You can complete the evaluation at your own pace – some traders pass in just two days.
The Trading Combine has clear goals:
The 2025 stats show 16.8% of Trading Combines succeeded, and 51.8% of traders reached funded status through multiple tries. After passing, traders move to an Express Funded Account (XFA) where they earn real money while trading in simulation.
TopStep uses a 90/10 profit split – traders get 90% of approved payouts and TopStep takes 10%. The best performers might get invited to trade Live Funded Accounts with up to USD 150,000 in capital.
Getting a payout requires:
Money reaches your account fast, usually within 1-2 business days. Your first payout sets your Maximum Loss Limit to USD 0, which protects your earnings and TopStep’s capital.
Even though TopStep specializes in futures, their detailed educational support helps traders in any discipline:
They offer daily live group coaching on TopstepTV, run a Discord community with over 150,000 traders, and provide individual-specific performance tips from Coach T™. Their steadfast dedication to trader growth shows in their team of 13 in-house performance coaches.
Many new traders value TopStep’s organized approach and learning resources, though passing isn’t easy. The numbers tell the story – in 2025, only 33.3% of funded traders received payouts.
While not a forex prop firm, TopStep gives traders a chance to broaden into futures trading with substantial capital backing and clear risk rules.
The5ers stands out as a remote proprietary trading firm. They give talented forex traders a chance to build serious trading careers with funded accounts. Their unique structure lets traders work from anywhere while getting access to substantial capital, making them one of the best forex prop firms for beginners.
The5ers welcomes traders with an open-minded approach to recruitment:
This setup makes The5ers available to beginners who want to enter funded trading. They care about your trading performance rather than your background or experience. This creates a path to professional trading based on merit.
The5ers uses well-laid-out yet flexible models to spot real trading talent:
You pick the program that matches your confidence level and trading style. Then you work to reach the profit targets while following risk management rules. The absence of time limits lets you choose your trades carefully instead of forcing you to be active.
The5ers rewards consistent performance with an increasing profit share:
After reaching funded status, you can ask for payouts through your hub dashboard. The ‘Withdrawal’ button makes it simple. Biweekly payments create a steady income stream when you succeed.
The5ers helps traders succeed with complete educational support:
These resources are tailored for prop traders to build strong foundations. The5ers knows that mixing technical knowledge with the right mindset creates successful traders.
The5ers combines flexible evaluation, generous profit sharing, and thorough education. This makes them a top choice among prop trading firms for beginners starting their funded trading experience.
My Forex Funds burst onto the prop trading scene in 2020 and quickly became a major player. This Canadian firm lets traders work with forex, commodities, and CFDs using accounts ranging from USD 2,000 to USD 300,000.
The company runs three different programs that fit various trading styles and skill levels:
Getting started won’t break the bank. Costs begin at USD 49 for smaller accounts and go up to USD 4,900 for larger ones. The best part? You can grow these accounts up to USD 2 million by showing steady results.
The Evaluation Program follows a two-phase structure:
The numbers tell an interesting story. 31% of traders make it through Phase 1, while 14% complete Phase 2. Put simply, 1 in 7 traders successfully finish the entire evaluation.
Traders who pass both evaluation phases can tap into some impressive profit-sharing rates:
The VIP Reward Program stands out here. Traders who receive 5+ payouts and maintain steady trading for over 3 months can earn an amazing 90% profit split.
Money moves fast here with weekly payouts. You can get paid through PayPal, bank transfers, TransferWise, or crypto.
The educational side is straightforward but useful:
My Forex Funds has grown popular thanks to its flexible programs, generous profit sharing, and achievable requirements. The proof is in the numbers – they’ve paid out over USD 6.2 million in just one month. That’s impressive for a relatively new prop trading firm.
FundedNext, a 2022-founded prop trading company, has emerged as a leading innovator with operation hubs in the UAE, Cyprus, Bangladesh, Sri Lanka, and Malaysia. This UAE-registered firm has distributed over USD 158 million to traders from more than 170 countries.
Traders can showcase their skills in FundedNext’s simulated trading environment without risking their own capital. The requirements include:
The trading happens in a demo environment with virtual capital since FundedNext does not act as a broker or investment advisor.
The platform provides several challenge models that suit different trading approaches:
Stellar Models (CFDs):
These models come with no time restrictions, letting traders work at their own pace. The platform allows news trading, overnight positions, and responsible EA/bot usage.
The platform rewards traders with attractive profit-sharing rates:
The platform stands out by offering a 15% profit share from the Challenge phase, something rare among prop firms.
The platform helps traders grow through:
The platform provides round-the-clock support in multiple languages to help traders whenever they need assistance.
Axi Select distinguishes itself in the competitive prop trading world with its zero-fee structure and real live trading approach. The program serves as a capital allocation platform that gives traders a well-laid-out pathway without any upfront costs or subscription fees.
Traders need these qualifications to join Axi Select:
Traders automatically enter the Seed stage with funded capital after meeting these requirements.
The program consists of six progressive stages:
Traders must achieve a 7% profit target and stay under a 10% maximum loss limit to advance. Each stage also requires meeting specific Edge Score requirements.
Traders receive their payouts directly into their accounts at the start of the following month when all positions are closed. The program’s profit share grows as traders advance through stages, starting from 0% at Seed level and reaching 80% at Pro M level.
Axi Academy’s educational support includes:
Axi Select helps traders become skilled at trading through step-by-step progression. This makes it a great choice for beginners who want funded trading opportunities.
OneFunded emerged in 2024 when it acquired and rebranded Prop365. The London-based firm gives traders access to more than 200 instruments through forex, crypto, indices, and commodities.
The platform makes getting started straightforward. Traders can choose account sizes between USD 2000.00 and USD 200000.00. Entry fees start at USD 23.00. The platform doesn’t mention geographical restrictions or require experience verification. Trading takes place in simulated environments with virtual capital.
The platform provides three unique challenge options:
A key advantage is that OneFunded doesn’t put time restrictions on challenges.
The default profit split gives traders 80%, with an option to upgrade to 90% through an add-on. The first payout brings additional benefits. Traders can get their money every 14 days, with weekly options available. The minimum withdrawal stands at USD 100.00. The platform refunds the challenge fee after the first successful payout.
The platform supports trader development through various resources. Their blog features expert insights on trading and finance. An academy is currently under development to provide structured learning. The dashboard comes with helpful video tutorials that guide platform navigation.
The right forex prop firm can change your trading trip as a beginner. This piece explores nine outstanding options that provide funded accounts with capital from $2,000 to $2 million. Professional trading is available with entry fees starting at just $23, and profit splits go up to 90%.
Each firm brings something special to traders. FTMO excels with its well-laid-out evaluation and resilient educational resources. For Traders lets you take challenges without time pressure. TopStep deals only with futures trading. The5ers rewards steady performance with a progressive profit-sharing model.
My Forex Funds gives you flexible programs with generous profit splits. GFunded pays out within 24 hours. FundedNext lets you share profits even during challenges. Axi Select has no fees at all, while OneFunded gives you three challenge types with no time limits.
New traders should look at key factors when picking a prop firm. Start by checking if the original investment fits your budget. Look at how they test traders – some use one step, others need multiple phases. On top of that, check profit splits, payout timing, and learning resources that line up with what you need.
Whatever firm you pick, prop trading is a chance to use substantial trading capital without risking your own money. Many firms’ detailed educational resources help you learn essential skills while trading with major backing.
Your path to success starts now. Choose a prop firm that matches your style, budget, and goals – then watch your funded trading career take off.
Forex prop firms offer beginners access to substantial trading capital (up to $2 million) without risking personal funds, making professional trading accessible to almost anyone.
• Low barrier to entry: Start with fees as low as $23-$49 and profit targets of 8-10%, making funded trading accessible regardless of experience level.
• Generous profit sharing: Keep 75-90% of trading profits with some firms offering progressive splits that increase with consistent performance.
• No time pressure: Many top firms like FTMO and OneFunded offer unlimited time to complete evaluations, encouraging quality trades over rushed decisions.
• Multiple evaluation paths: Choose from one-step, two-step, or three-step challenges based on your confidence level and trading style preferences.
• Educational support included: Access comprehensive trading courses, live coaching, and risk management tools to develop professional trading skills alongside funding.
The key to success lies in selecting a prop firm that matches your trading style, budget, and learning preferences. With proper preparation and disciplined risk management, these firms provide a legitimate pathway to building a professional trading career without significant upfront capital investment.
Q1. What factors should I consider when choosing a forex prop firm as a beginner? When selecting a forex prop firm, beginners should consider the initial investment required, evaluation structure (single or multi-step), profit split percentages, payout schedules, and available educational resources. It’s important to choose a firm that aligns with your trading style, budget, and learning needs.
Q2. How much capital can I access through forex prop firms? Forex prop firms offer a wide range of account sizes, typically starting from $2,000 and going up to $2 million for top performers. The exact amount depends on the specific firm and your performance during their evaluation process.
Q3. What are the typical profit targets in prop firm evaluations? Most prop firms set profit targets between 8-10% for their evaluation phases. However, some firms may have lower targets, especially in later stages of multi-step evaluations. It’s important to check the specific requirements of each firm.
Q4. Do all prop firms have time limits for their evaluations? No, not all prop firms impose time limits on their evaluations. Many top firms, including FTMO and OneFunded, offer unlimited time to complete their challenges. This approach encourages traders to focus on quality trades rather than rushing to meet deadlines.
Q5. What educational resources do prop firms typically provide? Many prop firms offer comprehensive educational support, including online courses, video tutorials, live coaching sessions, trading simulators, and risk management tools. Some firms also provide access to trading communities where you can learn from other traders. The extent of educational resources can vary significantly between firms.
