10+ Best Prop Trading Firms in March 2024 for US Traders (2024)

• Futures trading
• Digital coaching
• Buying power up to $150,000 for futures

Since Topstep is a place for full-time traders and enthusiasts, the platform has several accounts for futures trading. This means that you’ll be able to choose among accounts with various buying power, ranging from $50,000 to $150,000. The accounts also vary in terms of profit targets, maximum drawdown and loss limits. The daily loss limit starts at $2,000 for the smallest account and goes up to $4,500 for the $150k account. Of course, there is an evaluation process that you need to pass in order to get a real trading account at this company, but keep in mind that the company doesn't offer a refundable registration fee.

Topstep is also one of the best proprietary trading firms for beginners because it features various educational resources and support. Group Coaching is a program led by professional traders, and it’s designed for those who wish to learn how to trade smartly and improve their individual performance. There’s also Digital Coaching, a real-time trading guide that helps you set up your trading plan and achieve trading goals faster.

• Futures trading only
• Industry-high payout rates
• Zero platform fees

4PropTrader is a Dubai-based futures trading firm which carved a niche for itself as a go-to destination for skilled futures traders looking to leverage the firm’s capital with accounts going as high as $250,000.

The company has over seven years of operational experience, and hundreds of funded traders, focusing on personalized support and market analysis, while providing its users with the latest innovations in trading tools.

Unlike the majority of proprietary trading firms, 4PropTrader only has one evaluation stage for all of its plans, of which there are 6. There is a monthly subscription price for all of the available plans, starting from $99 for the Beginner Program, and going up to $280 for the all-encompassing Extreme Program.

All of the plans come with a high 95% payout rate, and a 100% payout rate for the first $8,000 of profit, making the offer here one of the best that the prop trading market has to offer right now.

At 4PropTrader, you can trade in a variety of futures contracts on exchanges such as COMEX, NYMEX, CBOT and CME, allowing for great flexibility and the ability to strategize across multiple markets.

Trading with 4PropTrader also comes with no platform fees for using any platforms which supports Rithmic connection, such as the R|Trader Pro, and the deposit and withdrawal process is easy and streamlined, with no time limits imposed in order to be eligible for your first withdrawal.

All you have to do is meet the $1,000 profit requirement before requesting your withdrawal, which is usually processed in 48 hours.

• Four tools and four platforms supported
• Up to $320,000 payout for CFD trading
• Progressive payout increase
• No hidden fees
• Low latency and transactional costs
• FREE trading platforms
• No time boundaries
• In-depth mentorship and educational support
• Cross-platform compatibility

What sets The Trading Pit apart from other top platforms for prop trading is its unique level structure. There is no minimum deposit required or complicated and hidden fees to calculate. Instead, trading is organized into opt-in Challenge plans. With every target hit, traders advance to the next level where they are given more contracts, larger drawdown limits, and bigger payouts, which are integral to the company's ambitious $5 million scaling plan.

The Trading Pit caters to brokers of all levels. Beginners can gradually learn how to create better plans and forecasts, trading with significant funds while investing only a fraction of the amount provided by the company, lowering the financial risk. Veterans, on the other hand, can take a skill test, bypass the lower levels, and enjoy similar benefits as beginners but with higher payouts.

In addition to financial support, The Trading Pit offers a comprehensive knowledge library with manuals for tools and platforms, webinars, videos, podcasts, and ebooks. These resources are designed to help traders achieve their trading goals.

To support the diversity of contracts traded and the unique requirements of each Challenge plan, The Trading Pit accommodates a broad range of tools and trading platforms. Depending on the types of contracts traded and the Challenge plan chosen, The Trading Pit offers a wide variety of tools and trading platforms for your workstation, including the Economic Calendar, CME Heatmap, Squawkbox, ATAS, Bookmap, and Volumetrica, among others. These resources create an invaluable workstation that helps traders navigate the intricacies of the financial markets effectively.

In conclusion, The Trading Pit presents a unique, accessible opportunity for proprietary trading. They offer a well-rounded package with low entry requirements, a comprehensive support network, and a generous opportunity for profit. Their goal is to democratize access to trading, provide substantial capital, and offer comprehensive educational resources and robust support to help traders succeed in the financial markets.

• 25% growth scaling plan every 3 months
• Knowledge hub and community support
• Account merging allowed
• Permits news trading
• Unlimited trading period

With an emphasis on community, learning, and empowering, Funding Traders sets itself apart from other proprietary trading firms. Their mission is to discover and enrich new traders with enough knowledge and funds and thus create a mutually beneficial relationship with traders where everyone profits.

Traders get enough funds for successful large-scale trading while the company gets another valuable member.

In order to become Funding Traders partners, traders first have to complete either a 1-step or 2-step challenge in order to prove they are a good fit for the company. Both challenges have a 10% profit goal, an unlimited trading period, and a minimum of 1 trading day.

The only differences are the maximum account balance loss of 5% and 10%, and the maximum daily loss of 4% and 5% for 1-step and 2-step respectively. traders that choose a 2-step challenge will also have to complete a verification challenge where they'll have to meet a profit target of 5%, maximum account balance loss of 10% maximum daily loss of 5%.

The variety of plans is not the only factor that makes Funding Traders one of the best funded trader programs. Traders that pass the challenge will get access to their funds, Funding Traders large and helpful community of experienced traders, and a knowledge hub with all the necessary material for building a successful trading career.

When it comes to account types, traders can choose between 6 basic and 4 premium plans, all depending on the fee and available funds. Their smallest plan will net traders $5,000 in funding for a $50 fee. On the other hand, their largest plan called "Apex" can get traders $2,000,000 in funding, but with a slightly longer and more difficult challenging process.

All in all, the variety of plans and challenges, helpful online community, and a large resource hub make Funding Traders one of the most exciting prop trading firms on the market right now.

Founded in 2023 by a Wall Street professional by the name of Stan G., Funding Traders is a prop trading firm that aims to empower new aspiring traders by giving them access to necessary funds.

In addition to capital, Funding Traders also provides prospective traders with the knowledge base required for successful trading as well as access to a vibrant and helpful community of traders.

Today, Funding Traders operates on forex, indices, stocks, metals, and crypto markets and aims to establish a mutually beneficial relationship with their traders in which everyone profits.

• No limitation rules (no min/max drawdown - no max loss)
• Monthly capital allocation (even in negative months)
• Available to traders worldwide
• External investor funding

Darwinex Zero is a first-of-its-kind subscription service, with a $38 monthly fee and a $95 sign-up commission. The D-Zero journey starts at the training stage for every new trader, in which the Darwinex proprietary risk engine evaluates and calibrates your virtual trading skill for a minimum of 10 trading days.

After this initial evaluation stage, your personal DARWIN will be created and you will move to the DarwinIA Silver, a monthly seed capital allocation programme where you will compete against other DARWINs to earn allocations of between $25,000 and $250,000 and the chance to keep 15% of the profits you generate in performance fees. Once you become eligible for the DarwinIA Gold stage, the allocation limit is increased to $500,000, and you can test your strategy against other elite managers in order to gain access to investor capital. The Gold stage also allows you to sell your DARWIN strategy to external investors and build your own brand as an asset manager in order to leverage outside capital to you.

D-Zero allows you to trade in Forex, CDFs, Commodities, US Stocks and ETFs, with trading in Futures coming soon. The company offers trading on MT4 and MT5 platforms, and there are dedicated apps available for both iOS and Android users. Darwinex Zero also features some of the most in-depth analytics tools and features, and is available to users worldwide, including those from countries like USA and Japan, who cannot trade on the Darwinex Classic trading account.

• Quick processing times
• Several pricing tiers
• Diverse selection of trading securities

To become a trader, you need to pass the SurgeTrader Audition and funded traders need to meet a few simple requirements. For starters, there is a 10% profit target, and you’ll need to stay below the daily loss limit of 5% and the maximum drawdown of 5%.

The starter account comes with a non-refundable $250 audition fee and a $25,000 initial balance. Unlike other companies, this prop trading firm doesn’t impose minimum trading days or a 30-day assessment period. It allows traders to keep 75% of their profit share. The trading capital limit is $1 million, depending on the trading account you choose.

As a SurgeTrader broker, you can trade various securities, including forex, stocks, equities, oil, and metals. Moreover, SurgeTrader is a good place for trading cryptocurrency products. SurgeTrarder operates on two platforms - Eightcap M4 and Eightcap M5. It also allows news trading.

SurgeTrader has an easy-to-use trading dashboard with useful analytical tools and features. As a SurgeTrader, you can access trade analytics in real-time and improve your trading performance. Before you decide to start the SurgeTrader Audition, you can test out the platform for free.

Thanks to the availability of the free trial, you can check your trading skills and whether you are good enough to join this proprietary trading company.

• 100% profit on the first $30,000
• No registration fees
• Wide selection of futures exchanges
• Trader tournaments

Liberty Market Investment has one of the best funded trader program choices in the proprietary trading space in 2023. With $150,000 in account size, and a 100% profit split on the first $30,000 in profits, along with the fact that you can have up to three Funded Session accounts at the same time, the LMI platform is an overall great space for experienced prop traders.

The company has one exclusive trading platform, and that’s VolFix, through which you can track your history and statistics, and adjust your strategy for better profits. There are also trader competitions featured on the platform, and a wide variety of futures exchanges to trade at.

The Liberty Market Investment evaluation program structure stands out from the competition on the prop trading market as well, featuring two different paths toward becoming a funded prop trader. You can either go through the 1-Stage evaluation process called the Qualifying Pro Session, or you can opt for a safer but slower approach with the 2-Stage Program called Practice Session & Qualifying Session.

Both of these evaluation programs have their own benefits and drawbacks, but they lead to the same Funded Session account.

Founded in 2108, Liberty Market Investments is a UK-based prop trading company with headquarters in London. The firm focuses on trading in futures on US and EUREX exchanges, with more than a hundred instruments on offer, including forex, commodities, cryptocurrencies, agricultural and interest rate futures.

LMI was built around the idea of providing the most transparent and user-friendly recruitment programs for beginner and experienced traders alike, along with some of the highest profit splits on the market.

• Free course before enrolling in the Evaluation program
• Well-known for trading forex pairs
• Online material for traders

As one of the market’s top proprietary trading firms, City Traders Imperium is best-known for offering direct funding that can go up to $100,000. Hundreds of reviews on Trustpilot and a 4.8 rating only serve to confirm our positive assessment of its spreads, exceptional customer support, and useful online material for brokers.

Like other companies in this line of work, City Traders Imperium has a two-phase evaluation program that you must complete successfully in order to become a trader.

It takes up to one year to complete. This is because the company understands how important it is to lead candidates slowly through the process and offer them the biggest chances for success. Profit targets for phase one and two are 10% and 5%.

Another great thing about this firm is that you can completely skip the Evaluation and start trading as a Portfolio Manager right away. You just need to choose the Direct Funding program. This firm offers scalable trading plans with up to 100% of profit share going to the trader.

When it comes to the assets that you can trade, City Traders Imperium is among the most popular prop firms for forex. There are dozens of forex pairs that you can trade, but you can also trade gold and indices. And as of recently, the company also allows trading in cryptocurrencies.

City Traders Imperium offers a free course for future traders. The course is designed to help traders pass the evaluation procedure.