5 Best US Prop Firms in 2023 (2024)


If you’re on the hunt for the best US prop firms in 2023 to take your trading career to new heights, look no further. In this article, we present the top five US prop firms that can help you overcome the challenges and excel in the dynamic trading landscape. Let’s jump right in and discover the ideal partner to fuel your trading success.

Best US Prop Firms

  1. SurgeTrader – Best For Managing Big Capital Without Scaling.
  2. The Funded Trader – Best for Diverse Traders
  3. TradeDay – TradeDay is Best For Learning from Experts
  4. TopStep – Best For Trading Futures
  5. Earn2Trade – Best for Guided Futures Learning Paths

1. SurgeTrader

Best For Managing Big Capital Without Scaling

5 Best US Prop Firms in 2023 (1)

SurgeTrader is the best prop trading firm for traders who want to trade with flexible and simple rules, and keep up to 90% of the profits they make with SurgeTrader’s capital. Whether you are a beginner or a master, SurgeTrader has a package that suits your needs and goals. SurgeTrader has been recognized as the best prop trading firm by Benzinga and Traders Union.


  • One-stage assessment: Pass one audition with clear and easy-to-follow trading rules.
  • No time limits: Trade with no time limits, no minimum trading days, no mandatory trading period.
  • No restrictions: Trade with no restrictions on trading style, strategy, or instruments.
  • Good leverage: Enjoy leverage up to 20:1 for FX and metals.
  • Weekend trading: Hold and trade through the weekend.
  • User-friendly platform: Monitor your performance with an easy-to-use proprietary trader portal.
  • Quick customer service: Get quick and responsive customer service via email, phone, or chat.
  • One-time audition fee: Pay a one-time audition fee with no hidden or recurring costs.
  • Easy payout: Withdraw your profits anytime with no minimum required.


  • Trade with SurgeTrader’s capital and keep up to 90% of the profits.
  • Pass one audition with simple and easy-to-follow rules.
  • Trade with no time limits, no minimum trading days, no mandatory trading period.
  • Trade with no restrictions on style, strategy, or instruments.
  • Enjoy high leverage and weekend trading.
  • Monitor your performance with a user-friendly platform.
  • Get quick and responsive customer service.
  • Pay a one-time audition fee with no hidden or recurring costs.
  • Withdraw your profits anytime with no minimum required.

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2. The Funded Trader

Best for Diverse Traders

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The Funded Trader is a fast-growing prop firm that provides traders worldwide with the opportunity to trade with substantial funding and earn attractive profit shares. Founded in May 2021, The Funded Trader has quickly established itself as a reliable and sought-after prop firm in the funded trading community.


  • Standard Challenge: Unlimited days, more capital, drawdown and EA add-ons.
  • Rapid Challenge: Get funded in 3 days, balanced drawdown, no minimum days.
  • Royal Challenge: No lot limit, EA and news trading, best drawdown/target ratio.
  • Knight Challenge: One-phase challenge, first payout in 7 days, no lot limit, EA allowed.
  • Evaluation Process: Pass two phases (or one for Knight) with simple rules and profit target.
  • Funded Trader: Trade with up to $1.5M, earn up to 90% profit share, get mentorship and scaling.
  • Payout System: Request payouts through Trade Hub, get them in 24 hours, choose from various options.


  • Unlock $600K-$1.5M accounts for significant trading power and opportunity.
  • Progress to Funded Trader with mentorship and higher capital management.
  • Emphasize risk management, safeguarding against significant drawdowns.
  • Rapid Challenge grants access in 3 days.
  • Choose challenges tailored to your preferred strategies.
  • Utilize expert advisors for precise trade execution.
  • Earn up to 90% profit share as a successful Funded Trader.
  • Consistent performance leads to scaling up to $1.5M.
  • Withdrawals processed within 24 hours.

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3. TradeDay

TradeDay is Best For Learning from Experts

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TradeDay is one of the best proprietary trading firms in the USA, offering aspiring traders a powerful platform designed to support their journey towards success in futures trading. Founded by experienced traders with over 80 years of combined industry experience, TradeDay provides a unique virtual trading room environment that mirrors the advantages enjoyed by professionals on proprietary trading desks, hedge funds, and banks. The platform’s strong emphasis on education, mentoring, and support caters to traders of all levels of expertise.


  • Diverse Funding Options: Choose from $10K to $250K tiers, trade with company capital, and keep a substantial share of profits.
  • Expert Guidance: Industry veterans offer insights and mentoring, enhancing traders’ skills and strategies for better performance.
  • Comprehensive Education: Access tutorials, webinars, and articles for informed decision-making and market navigation.
  • Transparent Environment: Trust the founders’ extensive experience, fostering honesty, integrity, and open communication.
  • Real-Time News: Free LiveSquawk service keeps traders updated on market events, impacting trading strategies.
  • Permitted Products: Trade equity index futures, forex, bonds, energy, metals, and agricultural futures to diversify trading opportunities.
  • Risk Management: Trailing drawdown ensures controlled losses, promoting responsible trading practices and protecting traders’ capital.


  • Control earnings & request profits anytime for an engaging experience.
  • Gain from 80+ years of industry experience, building proprietary desks, managing & mentoring traders.
  • Stay ahead with real-time news updates from LiveSquawk.
  • Explore diverse markets with a wide range of tradable assets.
  • Zero to hero courses for futures trading knowledge.
  • Daily meetings, live streams, and a dedicated trader development area for mentoring.
  • Live trading room chat and forums for community engagement and insights.
  • High-performance platform with stability, speed, and real-time market data.
  • 24-hour market commentary providing professional insights.
  • Technical analysis research and skill development courses from MarketChartist.
  • No trading costs or additional commission charges for funded traders.
  • Keep the first $10K and 90% of profits thereafter with unrestricted withdrawals.

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4. TopStep

Best For Becoming a Funded Futures Trader

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TopStep offers aspiring futures traders the opportunity to trade with the firm’s capital and retain up to 90% of their profits. The qualification process provides a clear path to a Funded Account®, ensuring access to TopStep’s resources and support. Transparent fees, flexibility, and responsive customer service make TopStep a preferred platform for traders seeking success in the futures market.


  • 90/10 Profit Split: Take home 100% of your first$10,000 and then 90% after.
  • Simple Payout Policy: Just have 5 winning days of +$200 to earn your payout.
  • Fast Payout Processing: Expect your earnings quickly. We process payouts daily.
  • Funded Trader Certificate: Celebrate by sharing your FTC on your LinkedIn profile.
  • First Payout Bonus: Get your last month refunded after earning your first payout.
  • Topstep Payout Club: Reach payout milestones and earn exclusive Topstep gifts.
  • Scale Up: Request more buying power or a larger Loss Limit.
  • Multiple Accounts: Earn and take payouts from up to 3 Express Funded Accounts.
  • Dedicated Funding Coach: Meet with your coach, a 20+ year trading veteran!


  • Trade with Topstep’s capital and keep up to 90% of your profits.
  • Qualify for a Funded Account in as little as 2 days with a simple and easy Trading Combine® assessment.
  • Enjoy a flexible trading schedule with no time limits, minimum trading days, or mandatory periods.
  • Benefit from high leverage and weekend trading opportunities.
  • Access quick and responsive customer service support via email, phone, or chat.
  • Pay a one-time audition fee with transparent pricing and no hidden costs.
  • Develop trading discipline with Topstep’s Prep–Trade–Reflect™ program.
  • Access risk assistance and support from the Trade Desk and Risk Team.
  • Choose from 1:1 or group coaching sessions to enhance your trading skills and knowledge.
  • Access comprehensive educational resources to enhance your trading strategy and knowledge.

5. Earn2Trade

Best for Guided Futures Learning Paths

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Earn2Trade is a reputable financial education company, specializing in comprehensive futures trading programs. With a focus on nurturing aspiring traders, it offers a range of resources, mentorship, and funded accounts. These opportunities empower traders to pursue successful futures trading careers, backed by sound knowledge and risk management practices.


  • Gauntlet Mini™: Intraday trading evaluation, quick funding opportunity, risk management focus.
  • Trader Career Path: Clear progression, funded accounts, disciplined growth, risk management emphasis.
  • Virtual Accounts: Practice with $25,000 to $200,000 in a risk-free simulated environment.
  • Proprietary Trading: Join trading firms, access funded accounts, and grow your trading career.
  • Comprehensive Education: Learn successful trading strategies, market analysis, and risk management techniques.
  • Fast Track Program: Shortest completion time of 15 trading days to become a professional trader.
  • Flexible Account Sizes: Choose virtual account sizes ranging from $50,000 to $200,000.
  • Free NinjaTrader License: Access to the trading platform during evaluations.
  • Journalytix™ Access: Complimentary 60-day access for advanced journaling and performance tracking.
  • Customer Service: Best-in-industry support and guidance from professional traders and educators.


  • Benefit from expert guidance and NFA-certified mentors to enhance your trading skills.
  • Trade with firm capital, minimize risk exposure, and retain profits from funded accounts.
  • Follow a structured path to professional trading with clear progression.
  • Complete quick evaluations, like Gauntlet Mini™, in just 15 days.
  • Prioritize disciplined trading and strict risk management strategies.
  • Access comprehensive learning materials and educational courses.
  • Customize your virtual account size to match your trading preferences.
  • Enjoy complimentary access to NinjaTrader and Journalytix™ during evaluations.
  • Connect with a supportive community of like-minded traders and experienced professionals.
  • Receive exceptional customer service throughout your trading journey.

How to Choose the Best US Prop Firm for You

Selecting the right US prop trading firm can significantly impact your trading success. To find the best fit for your trading career, consider the following criteria when evaluating each firm:

Trading Rules and Flexibility

Review the trading rules and restrictions of each US prop firm. Ensure they align with your preferred trading style, instruments, and risk management strategies. Look for firms that offer flexibility in trading, allowing you to use your preferred methods.

Capital and Profit Share

Assess the funding options provided by each firm and the profit-sharing arrangement. Consider the amount of capital you can access and how much of your profits you get to keep. Striking a balance between funding and profit share is vital for your financial growth.

Evaluation Process

Understand the evaluation process required to qualify for a funded account. Some firms may have 2 phase evaluation, while others offer a simpler one phase evaluation. Choose a firm whose evaluation process matches your trading experience and goals.

Leverage and Risk Management

Evaluate the leverage offered by the prop trading firm, especially if you trade in leveraged markets. Additionally, inquire about their risk management policies to protect yourself from significant drawdowns.

Educational Support

Consider the educational resources and mentorship programs offered by each firm. If you are a beginner or seeking to improve your skills, access to expert guidance, webinars, and educational materials can be crucial.

Trading Platform and Tools

Assess the quality and features of the trading platform and tools provided by each firm. An efficient and reliable platform can streamline your trading activities and enhance your overall performance.

Payouts and Withdrawal Policies

Review the firm’s payout structure and withdrawal policies. Ensure there are no hidden fees or withdrawal restrictions that might hinder your access to your profits.

Reputation and Reviews

Research the reputation and reviews of each US prop trading firm. Look for feedback from other traders to gauge their experiences and satisfaction levels.

Customer Service

Consider the level of customer service and support provided by each firm. Prompt and responsive customer service can be invaluable, especially during critical trading situations.

Getting Started with the Best US Prop Trading Firm

If you’re on the lookout for the best US prop trading firm to elevate your trading career, we’ve explored the top five options that can help you overcome challenges and achieve success in the dynamic trading landscape. Let’s recap how we addressed your needs and offer some further direction on which prop firm to join for your specific requirements.

As a trader seeking growth and success in the financial markets, you face the challenge of finding the right prop trading firm that aligns with your trading style, provides substantial capital, offers fair profit-sharing terms, and offers mentorship and support.

In this article, we’ve highlighted the top five US prop trading firms with unique features to suit diverse trading needs. For more information and in-depth reviews, click on the provided links below:

  • SurgeTrader – Best for managing big capital without scaling.
  • The Funded Trader – Best for diverse traders and flexible challenges.
  • TradeDay – Ideal for learning from expert traders in a virtual trading room.
  • TopStep – Perfect for becoming a funded futures trader with transparent fees.
  • Earn2Trade – Offers comprehensive futures trading programs with mentorship.

Summary of Recommended US Prop Firms:

Now that you have a clear understanding of the top US prop trading firms, here’s a summary of which prop firms to consider based on your needs:

  • If you want flexible trading rules and substantial capital, choose SurgeTrader.
  • For diverse traders seeking multiple challenge options, The Funded Trader is an excellent choice.
  • If you value expert guidance and a virtual trading room environment, TradeDay is the best fit.
  • Traders interested in becoming funded futures traders should opt for TopStep.
  • For comprehensive futures trading education and mentorship, Earn2Trade is the ideal option.

Ready to take your trading career to new heights? Click the links above to explore each prop trading firm in detail and find the one that resonates with your trading goals. Remember that choosing the right prop firm is a crucial step towards your success, so make an informed decision and start your journey with confidence. Happy trading and may your success soar with the best US prop trading firm tailored to your needs!

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5 Best US Prop Firms in 2023 (2024)


What are the top 5 futures prop firms? ›

The top futures prop firms are TopStepTrader, Jane Street, FTMO, 3Red Partners and The Trading Pit. Jane Street and 3Red Partners are very secretive about their fees and profit splits but they do offer some of the best technology and high-frequency trading.

What is the best prop firm in forex 2023? ›

Best 10 Prop Trading Firms of November 2023!
  • The Funded Trader. ...
  • FTMO. ...
  • Fidelcrest. ...
  • The 5%ers. ...
  • Funding Pips. ...
  • FundedNext. ...
  • True Forex Funds. ...
  • E8 Funding. And coming in last but certainly not least in our eyes, the number one rated prop trading firm for this month is E8 Funding.

What is the most legit prop firm? ›

Quick Look: Best Prop Trading Firms
  • Best for Beginner Futures Traders: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Stock Traders: Trade the Pool.
  • Best for Experienced and Beginner Forex, Indices and Metal Traders: The 5ers.
  • Best for All Futures Traders: BluSky.

What prop firm has the fastest payout? ›

Fastest Industry Payouts – MyFundedFutures has the fastest payouts in the futures prop trading space which has become more and more important with some of the other futures prop trading firms taking weeks to payout.

What is the best instant funding prop firm? ›

While FTMO stands out as the best overall prop firm, other options such as Fidelcrest, 5%ers, BluFX, Glow Node, Smart Prop Trader, FTUK, Instant Funding, and SurgeTrader also offer attractive features and benefits.

Are there any legitimate prop firms? ›

FTMO (previously known as MyForexUniverse) is one of the largest and best-known prop firms globally. Based in the Czech Republic, they provide funded accounts up to $400,000 to traders that can pass their evaluation.

What is the cheapest prop firm challenge 2023? ›

The cheapest prop firm is The5ers, 2 step $5000 account, which costs traders just $39, making it the cheapest funding option on the market.

Which prop firm has the lowest fees? ›

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

Which prop firm has zero spread? ›

Smart Prop Trader Introduces No Spread Prop Fund, Quick Payouts, and Simple Trading Challenges for Traders. If you are a new or expert forex trader looking for a seamless, transparent, and cost-effective trading experience, you must consider the no spread prop fund options by Smart Prop Trader.

Do prop firms really pay out? ›

There is nothing inherently scammy about the business model of prop firms. But how do they make money then? For starters, prop firms, of course, do not give money to just anyone who asks. Typically, they have a multi-stage evaluation process to make sure the traders they employ know what they are doing.

How do I choose a prop firm? ›

Vetting the Prop Firm's Track Record

The first step when deciding on any prop trading firm should be an in-depth look at its reputation and history in the industry. A firm's standing within the trading community will highlight its reliability and ability to support its traders with a secure trading environment.

Which prop firms are regulated in USA? ›

OANDA, Axi, and Hantec Markets are three regulated forex and contracts for differences brokers that launched prop trading services.

What is the oldest prop trading firm? ›

{quote} FTMO (unless you are a US citizen), The5ers, and City Traders Imperium are the three oldest prop firms, and probably the only ones with 5+yrs reputable history of reliable payouts. I'd start with those three.

Which prop firm gives weekly payout? ›

Proprietary Trading Firm Payout Cycles
Proprietary Trading FirmPayout Cycle
Axe TraderWeekly
Bespoke FundingBi-weekly
Blue GuardianBi-weekly
Cash Flow FundingElite Challenge: Weekly Standard Challenge: Bi-weekly
36 more rows
Apr 2, 2024

Is FTMO the best prop firm? ›

FTMO Investment Options

One of the main reasons why FTMO is a good prop firm is their investment options. They offer traders the opportunity to trade with their own capital, as well as access to additional capital from FTMO.

Are there prop firms for futures? ›

Before we dive into the top 10 list, let's first understand what a futures prop firm is. A futures prop firm, also known as a proprietary trading firm, is a company that provides traders with capital to trade in the financial markets. In exchange, the firm takes a percentage of the profits made by the trader.

What futures are most profitable? ›

What futures are most profitable? Trading in futures markets such as the Micro E-Mini Russell 2000 (M2K), Micro E-Mini S&P 500 (MES), Micro E-Mini Dow (MYM), and Micro E-Micro FX contracts can be highly profitable due to their distinct market characteristics.

Which futures are best to buy? ›

The Best Futures to Trade
  • Eurodollar Futures.
  • E-mini S&P 500 Futures.
  • Crude Oil Futures.
  • 10-Year Treasury Note Futures.
  • Micro E-mini S&P 500 Index Futures.

What are the most active futures markets? ›

Most Active
ESM24S&P 500 E-Mini+9.25
CLM24Crude Oil WTI-0.59
NQM24Nasdaq 100 E-Mini+56.50
ZBM2430-Year T-Bond+0-05
41 more rows

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