Prop Firms In Ghana – The Best For You – Living From Trading (2024)

Prop trading firms are a great way to give traders access to a decently funded account size to trade.

With the rising of remote work, most prop firm jobs as a trader can be done remotely. However, not all prop firms accept traders from all parts of the world.

For this reason, I created this list with the best prop firms to trade from Ghana.

The Top 3 Best Prop Firms In Ghana

Let’s start with the list of the 3 best proprietary trading firms in Ghana.

FTMO

Rating: 4.9

REVIEW

FTMO is a Forex prop firm, located in Prague, Czech Republic. It was founded in 2014. Read the full FTMO review

FEATURES

Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.

Max balance: $2,000,000

Profit split: up to 90%

Cost: from €155

Platforms: MetaTrader 4, MetaTrader 5, and cTrader

Funded Trading Plus

Rating: 4.9

REVIEW

Funded Trading Plus is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full Funded Trading Plus review

FEATURES

Instruments: Forex, Indices, Metals, Commodities, Crypto.

Max balance: $2,500,000

Profit split: up to 90%

Cost: from $119

Platforms: MetaTrader 4, and MetaTrader 5

Apex Trader Funding

Rating: 4.9

REVIEW

Apex Trader Funding is a Futures prop firm, located in Austin, Texas, USA. It was founded in 2021. Read the full Apex Trader Funding review

FEATURES

Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures, Crypto Futures.

Max balance: $300,000

Profit split: 90%

Cost: from $137/month

Platforms: NinjaTrader, Tradovate, TradingView, Wealthcharts (web platform), Trader, ATAS, Bookmap, Edgeclear, Finamark, Jigsaw Trading, Motivewave, Quantower, Rithmic, Sierra Chart, Volfix, and Rithmic

Other Interesting Prop Trading Firms In Ghana

These forex prop firms are not at the top 3 for Ghana, but are also interesting, and generally not really far away from the previous ones in terms of quality and services provided.

Prop Firm Type Profit Split Cost Max Balance Rating Review Visit
Prop Firms In Ghana – The Best For You – Living From Trading (4) Forex 80% from $149 $5,760,000

4.8

Read review
Forex up to 90% from $99 $4,000,000

4.8

Read review
Forex, Futures up to 80% from €99/month $5,000,000

4.8

Read review
Futures 80% from $150/month $150,000

4.8

Read review
Forex up to 100% from $49 $2,000,000

4.8

Read review
Futures 90% from $145/month $100,000

4.8

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (10) Forex up to 75% from £199 $480,000

4.7

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (11) Forex up to 90% from $228 $1,000,000

4.7

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (12) Futures 90% from $125/month $250,000

4.7

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (13) Futures 80% from $150/month $400,000

4.7

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (14) Futures up to 80% from $89/month $200,000

4.7

Read review
Futures 90% from $115/month $250,000

4.7

Read review
Forex up to 90% from $130 $300,000

4.6

Read review
Futures up to 90% from $26/month $300,000

4.6

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (18) Forex up to 90% from $129 $1,500,000

4.6

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (19) Forex up to 90% from €99 $2,000,000

4.6

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (20) Forex 80% from €89 $400,000

4.6

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (21) Futures 90% from $99/month $250,000

4.6

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (22) Forex up to 80% from $55 $3,000,000

4.4

Read review
Stocks up to 80% from $97 $260,000

4.1

Read review
Forex 75% from £149 $10,000,000

4.1

Read review
Futures 80% from $80/month $300,000

4.0

Read review
Prop Firms In Ghana – The Best For You – Living From Trading (26) Forex 50% from $99 $1,000,000 Read review
Prop Firms In Ghana – The Best For You – Living From Trading (27) Forex up to 85% from $49 $2,000,000 Read review

How Should I Choose A Prop Firm

If you are undecided between two or more Forex prop trading firms to trade from Ghana, you can use our prop firm comparison tool. Just choose the firms that you want to compare and immediately check the results with a detailed comparison.

Compare Any Prop Firm

How Were These Prop Trading Firms Chosen And Rated

The prop firms that appear here were rated based on different factors, which include:

  • Difficulty: How easy it is to pass the prop firm challenges or evaluations.
  • Futures platforms: The range of forex trading platforms available.
  • Customer support: How fast and reliable the prop firm’s customer support is in solving your problems and answering your questions.
  • Profit split: How much of the profits the prop firm shares with you.
  • Instruments: How vast the range of instruments available to trade is.
  • Cost: How much does a forex funded account cost to apply and maintain.
  • User Rating: How good the forex prop firm is rated by other users.

What Can You Trade On A Prop Firm

It depends on the type of prop firm that you are using to trade from Ghana.

If you are using a Forex prop firm, the instruments available in the vast majority of the proprietary trading firms are:

  • Forex:All major, minor, and even exotic pairs are there if you are a Forex trader.
  • Indices:Traded as CFDs, you have all the important indices available to trade including Dax, Nasdaq, Dow Jones, S&P500, FTSE, and others.
  • Commodities:Natural Gas, Crude, and Brent Oil.
  • Metals:Silver, Gold, and Palladium
  • Stocks:On some prop firms you may have stocks available although the list is not big.
  • Crypto:On some prop firms you have all the major cryptos available, like BTC, ETH, LTC, XRP, ADA, DOT, DOGE, and a few more.

If you are trading using a Futures prop firm, you can trade CME Futures Assets. That includes CME, CBOT, NYMEX, and COMEX.

The instruments available in the vast majority of the futures proprietary trading firms are:

  • Equity Futures
  • Foreign Exchange Futures
  • Agricultural Futures
  • Energy Futures
  • Interest Rate Futures
  • Metals Futures
  • Crypto Futures

How Big Are The Funded Accounts

The maximum Forex prop firm’s funded accounts can go up to $10,000,000.

These balances are only achieved after scaling though, after you get your initial account balance and keep trading without breaching any rule from the prop firm.

These high balances can be misleading, it’s worth paying attention to the leverage provided by the prop firm. Some provide high balances but very small leverage, which makes their accounts equivalent, in terms of buying power, to smaller accounts from prop firms that provide higher leverage.

How Much Is The Profit Split

For instant funded accounts, the profit split is not big, usually around 50%, when trading from Ghana.

For funded accounts after a challenge, the payout is between 80% and 90%. This means that the Forex proprietary firm only keeps 10% to 20% of the profits that you made.

Besides that, it’s also normal that the trader gets 100% of the first profits which is usually equivalent to the fee that you paid to pass the challenge.

What Trading Platforms Are Available?

Most of these Ghana prop firms give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms:

  • MetaTrader 4
  • MetaTrader 5
  • cTrader

In the case of a futures prop firm, you can use Ninjatrader, Rithmic, Bookmap, Agena Trader, Motive Wave, Photon, Collective2, InsideEdge Trader, Optimus Flow, ScalpTool, Medved Trader, Quantower, Trade Navigator, Overcharts, Sierra Chart, Volfix, TigerTrade, MultiCharts, QScalp, QST, TSLAB, and more.

Are Prop Firms Legit?

Yes, prop trading firms are legit and exist as real companies. They may not be registered directly in Ghana but they allow citizens from there to access their funded accounts.

If you read the individual review for each prop firm you’ll find more details about the company and how to contact them.

Advantages Of Ghana Prop Firms

  • You get access to a wide range of products.
  • You don’t need to risk your own capital to trade.
  • You can get funded with big-sized accounts, so you don’t need to overleverage and gamble your small account to potentially make decent profits.
  • You are forced to follow proper risk management rules.

Disadvantages Of Ghana Prop Firms

  • Some challenges may be hard to pass, and make you trade more than what you would normally do.
  • The firm keeps a small part of the profits for them.

Learn More

  • What is prop trading
  • Prop firms comparison tool
  • List of thebest prop trading firms
Prop Firms In Ghana – The Best For You – Living From Trading (2024)

FAQs

Prop Firms In Ghana – The Best For You – Living From Trading? ›

As a prop trader, you can use any strategy, as long as you have a good risk management. Hedge funds trade their client's money, as opposed to proprietary trading. The average salary of a prop trader is $142,000, but there are no limits.

Which prop firm is the most trusted? ›

Who Are The Best Prop Trading Firms?
  • Best For Stocks & Options Trading (US Only): Funder Trading.
  • Best For Futures Trading (US & Intl): Topstep.
  • Best For Forex Trading: FundedNext.
  • Best Overall For Beginner & Advanced Traders: Apex Trader.
Jun 27, 2024

Can you make a living with prop trading? ›

As a prop trader, you can use any strategy, as long as you have a good risk management. Hedge funds trade their client's money, as opposed to proprietary trading. The average salary of a prop trader is $142,000, but there are no limits.

Which trading platform is the best in Ghana? ›

Exness is the best Forex broker online in Ghana, because they have strong regulations and features for both beginners and professional traders. Other Forex trading brokers in Ghana include HFM, FxPro, AvaTrade, XM, and FXTM.

What is the starting salary for prop trading? ›

How much does an Entry Level Proprietary Trader make? As of Jul 21, 2024, the average annual pay for an Entry Level Proprietary Trader in the United States is $112,369 a year. Just in case you need a simple salary calculator, that works out to be approximately $54.02 an hour.

Do prop firms pay you? ›

Yes. Prop firms do pay out, but the amount of money that a trader can make will depend on their performance and the terms of their agreement with the firm.

Which prop firm has the fastest payout? ›

Best Prop Firm Payouts. FunderPro has the fastest prop firm payouts, you can claim uncapped daily payouts. Also, they are 100% guaranteed because your trade with real funds!

How much money do you need to start a prop firm? ›

Some prop firms may opt to be regulated which puts costs significantly higher. One should expect to pay a one time fee of around $10,000 for company registration and payment options while regulation involves a minimum budget of $75,000.

How many hours do prop traders work? ›

Typical Workweek. Overall, prop traders can expect to work around 50 hours per week, with some days stretching to 12-14 hours. Ultimately, the primary concern for prop trading firms is the profit and loss ratio. If traders consistently produce positive results, the exact number of hours worked becomes less significant.

What is the risk of prop trading? ›

Profits from trades are generally divided between the firm and the prop trader; however, the risk distribution is asymmetric. This means that in the event of a loss, the trader bears 100% of the losses, while they don't receive 100% of the profits.

Who is Ghana's largest trading partner? ›

Ghana's top global exports include cocoa, gold, and oil. Ghana's top global export markets include Switzerland (27%), India (15%), South Africa (12%), United States (6%), Germany (6%), China (5%) and Burkina Faso 4%). Further, Ghana's services imports and exports have grown exponentially in recent years.

What is the most profitable investment in Ghana? ›

Real estate development is a lucrative investment opportunity in the country. Energy: Ghana has an energy deficit, which presents investment opportunities in renewable energy projects such as solar, wind, and hydroelectric power. Mining: Ghana is a significant producer of gold, bauxite, manganese, and diamonds.

What is the main trade in Ghana? ›

Ghana's principal exports—cocoa, gold, and sawn wood—are received primarily by the countries of the European Union, India, and the United Arab Emirates.

Can you make a living trading for a prop firm? ›

As a result, anyone can be profitable as a prop trader because profitability is linked to their experience and skills, strategy, and ability to generate gains by trading in the market with the firm's capital.

How much do prop firms pay weekly? ›

Proprietary Trading Firms Salary
Annual SalaryWeekly Pay
Top Earners$101,500$1,951
75th Percentile$96,000$1,846
Average$76,005$1,461
25th Percentile$46,500$894

How stressful is prop trading? ›

Prop trading can be highly stressful due to the fast-paced nature of markets and the pressure to make split-second decisions.

Which prop firm is better than FTMO? ›

Yes, there are many sites offering similar services to FTMO. These include FunderPro, the5ers and many more. If you are looking for an alternative to FTMO, FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

Is FTMO trustworthy? ›

Having successfully operated since 2015, we provided thousands of clients with their FTMO Accounts, and in total, we have paid out over $160 million. We've also been featured in Forbes and awarded by Deloitte and EY multiple times.

Which prop firm has the lowest fees? ›

Cheapest Prop Firms Forex 2024 - with $5K Funding Accounts...
  1. The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
  2. FTMO. ...
  3. MyForexFunds. ...
  4. Earn2Trade. ...
  5. The Funded Trader Program. ...
  6. OneUp Trader. ...
  7. Apex Trader Funding. ...
  8. True Trader.
Feb 27, 2024

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