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● Updated 2026-08-02

Best Prop Trading Firms of 2026

Every firm below is scored on profit split, challenge rules, funding capacity, payout reliability and platform quality. Rankings are editorial — affiliate partnerships never change a position.

#1
FTMOBest Overall
The industry reference · Est. 2015
9.2
/ 10
Profit split
80–90%
Max funding
$400,000
Challenge fee
From €155
Evaluation
2 phases
Platforms
MT4 · MT5 · cTrader · DXtrade
Payouts
Bi-weekly
  • Longest track record in the industry
  • Up to 90% profit split with scaling
  • Free retry on a failed second phase if phase one was passed
  • Strict daily drawdown rules
  • No US clients
Best for: Serious forex and indices traders who want the most established firm
Visit FTMO → Read full review Challenge fees are non-refundable if failed. Rules vary.
#2
TopstepBest for Futures
Futures funding pioneer · Est. 2012
8.9
/ 10
Profit split
90% (100% on first $10k)
Max funding
$150,000
Challenge fee
From $49/mo
Evaluation
1 phase
Platforms
NinjaTrader · TradingView · Tradovate
Payouts
Daily (eligible accounts)
  • US traders accepted
  • One-step evaluation
  • Strong payout track record
  • Futures only — no forex or equities
  • Monthly subscription during evaluation
Best for: CME futures traders who want a US-friendly, long-established program
Visit Topstep → Read full review Challenge fees are non-refundable if failed. Rules vary.
#3
Apex Trader FundingMost Accessible
Futures funding at scale
8.7
/ 10
Profit split
90% (100% on first $25k)
Max funding
$300,000 per account
Challenge fee
From $147/mo (often discounted)
Evaluation
1 phase
Platforms
NinjaTrader · Tradovate · TradingView
Payouts
Every 8 days
  • Up to 20 funded accounts at once
  • Very frequent promotional pricing
  • US traders accepted
  • Recurring monthly fees add up
  • Consistency rules on payouts
Best for: Futures traders who want multiple accounts and frequent discounts
Visit Apex Trader Funding → Read full review Challenge fees are non-refundable if failed. Rules vary.
#4
FundedNextBest Profit Share
Profit share from the evaluation phase
8.5
/ 10
Profit split
Up to 95%
Max funding
$300,000
Challenge fee
From $59
Evaluation
1 or 2 phases
Platforms
MT4 · MT5 · cTrader
Payouts
Bi-weekly / on demand
  • Pays a share of evaluation-phase profits
  • Multiple model choices (1-step, 2-step, instant)
  • Up to 95% split on some plans
  • Newer firm than FTMO
  • Rules differ significantly between models
Best for: Forex traders who want to earn during the challenge itself
Visit FundedNext → Read full review Challenge fees are non-refundable if failed. Rules vary.
#5
The5ers
Instant funding & aggressive scaling
8.4
/ 10
Profit split
Up to 100% with scaling
Max funding
$4,000,000 (scaled)
Entry fee
From $39
Evaluation
Instant or 2 phases
Platforms
MT5
Payouts
On demand
  • Instant-funding option with no challenge
  • Aggressive scaling plan doubles accounts
  • No time limits on most programs
  • Lower initial split on instant plans
  • Smaller starting allocations
Best for: Forex traders who prefer instant funding over evaluation phases
Visit The5ers → Read full review Challenge fees are non-refundable if failed. Rules vary.
#6
E8 Markets
Flexible rules, trader-friendly terms
8.2
/ 10
Profit split
80–100%
Max funding
$400,000
Challenge fee
From $68
Evaluation
1 or 2 phases
Platforms
MT4 · MT5 · TradeLocker
Payouts
Bi-weekly / on demand
  • No minimum trading days on some plans
  • Flexible drawdown structure
  • Multiple account types
  • Has restructured its programs more than once
  • Smaller community than FTMO
Best for: Traders who want fewer restrictive rules and flexible targets
Visit E8 Markets → Read full review Challenge fees are non-refundable if failed. Rules vary.
#7
Alpha Capital Group
UK-based forex funding
8.0
/ 10
Profit split
Up to 90%
Max funding
$400,000
Challenge fee
From $85
Evaluation
1 or 2 phases
Platforms
MT5 · TradeLocker
Payouts
Bi-weekly
  • UK-registered company
  • Clear rule documentation
  • Competitive splits
  • Forex/CFD focus only
  • Fewer platform options
Best for: European forex traders wanting a UK-registered operation
Visit Alpha Capital Group → Read full review Challenge fees are non-refundable if failed. Rules vary.
#8
MyFundedFX
Fast payouts, simple rules
7.9
/ 10
Profit split
Up to 90%
Max funding
$300,000
Challenge fee
From $54
Evaluation
1 or 2 phases
Platforms
MT4 · MT5 · cTrader · DXtrade
Payouts
On demand
  • Reputation for quick payout processing
  • Straightforward rule set
  • Multiple challenge types
  • Younger firm
  • Rules have changed over time
Best for: Forex traders who prioritize payout speed
Visit MyFundedFX → Read full review Challenge fees are non-refundable if failed. Rules vary.
#9
Funding PipsLowest Entry Cost
Budget-friendly forex challenges
7.8
/ 10
Profit split
Up to 90%
Max funding
$200,000
Challenge fee
From $32
Evaluation
1 or 2 phases
Platforms
MT5 · cTrader · TradeLocker
Payouts
Bi-weekly
  • Among the cheapest entry fees
  • Simple, readable rules
  • Fast growth and active community
  • Very young firm
  • Track record still being established
Best for: Traders testing prop firms for the first time on a small budget
Visit Funding Pips → Read full review Challenge fees are non-refundable if failed. Rules vary.
#10
Blue Guardian
Rapid & elite funding programs
7.6
/ 10
Profit split
Up to 85%
Max funding
$200,000
Challenge fee
From $59
Evaluation
1 or 2 phases
Platforms
MT4 · MT5
Payouts
Bi-weekly
  • Several distinct program types
  • No minimum trading days on some plans
  • Reasonable entry pricing
  • Smaller max allocation than leaders
  • Less brand recognition
Best for: Traders wanting a range of program styles from one firm
Visit Blue Guardian → Read full review Challenge fees are non-refundable if failed. Rules vary.
How we rank: Profit split & payouts (35%), challenge fairness (30%), funding & scaling (20%), platform & support (15%). Read our full methodology. Scores are reviewed monthly and immediately after major fee or rule changes.