Prop Firms

Props stock image

Using a prop firm (otherwise known as a proprietary firm) will allow you to trade larger sums without investing more of your money. For example, you could create an account with $200 and get access to $5,000 for trading straightaway. If you are successful, your account will increase and you can end up managing $20,000.

Why would you register with a broker and trade a $200 account when, for the same amount of money, you could manage a $5,000 account?

Choosing a Prop Firm

When it comes to choosing a Prop firm to trade with, there are a lot of options out there. We are prop firm traders ourselves, so we decided to share some of our experience and recommend a few solid and trustable options. This way you can choose one that best matches your trading style.

Recommended Prop Firms

FTMO

Recommended for day trading / scalping
  • Profit share
    trader takes 70%
  • Leverage
    1:100 (Forex)
  • Payment methods
    Bank transfer
    Debit/credit card
    Skrill
  • Accepted countries
    ALL (including US)
  • Trading platforms
    MT4
    MT5
    cTrader
  • Some restrictions apply to trading
    Overnight
    Over weekend
    During news
  • EAs allowed
    Yes
  • Trading instruments
    Forex, Indices
    Commodities
    Crypto
    Stocks, Bonds
  • Educational material
    Excellent, includes Trading Apps
  • Profit target during evaluation
    Step 1: 10% profit target within 30 days
    Step 2: 5% profit target within 60 days
  • Stopout
    Max daily loss: 5%
    Max total loss: 10%
  • Start trading with
    €155
  • Funds to trade
    $10,000 - $200,000 after evaluation
  • Free trial account
    Yes

Our recommendation

The high leverage and overnight, weekend or news trading restrictions make us recommend FTMO for day trading / scalping
Learn more

The 5%ers

Recommended for swing trading
  • Profit share
    trader takes 50%
  • Leverage
    1:6 (low risk)
    1:30 (aggressive)
  • Payment methods
    PayPal
    Bank transfer
  • Accepted countries
    ALL (including US)
  • Trading platforms
    MT4
    MT5
  • Hold positions
    Overnight
    Over weekend
    During news
  • EAs allowed
    Yes
  • Trading instruments
    Forex Majors
    Forex Major Crosses
  • Educational material
    Excellent, includes Trading Ideas
  • Profit target during evaluation
    6% within 180 days for the Low Risk Plan, or
    12% within 60 days for the Aggressive Plan
  • Stopout
    Max total loss: 4% of the initial account balance
  • Start trading with
    $275
  • Funds to trade
    $24,000 - $80,000 after evaluation
  • Free trial account
    No

Our recommendation

The low leverage makes us recommend The5%ers for swing trading
Learn more

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