Prop Firms

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