Prop Firms In United States – 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 United States.

The Top 3 Best Prop Firms In United States

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

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

Topstep

Rating: 4.9

REVIEW

Topstep is a Futures prop firm, located in Chicago, Illinois, USA. It was founded in 2010. Read the full Topstep review

FEATURES

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

Max balance: $150,000

Profit split: 90%

Cost: from $165/month

Platforms: TSTrader, NinjaTrader, Quantower, TradingView, Sierra Chart, T4, Jigsaw Daytradr, Multicharts, R|Trader Pro, VolFix, Trade Navigator, ATAS OrderFlow Trading, MotiveWave, Bookmap, Investor/RT

Other Interesting Prop Trading Firms In United States

These forex prop firms are not at the top 3 for United States, 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
Futures 90% from $137/month $300,000

4.9

Read review
Prop Firms In United States – The Best For You – Living From Trading (5) 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 United States – The Best For You – Living From Trading (11) Forex up to 75% from £199 $480,000

4.7

Read review
Prop Firms In United States – The Best For You – Living From Trading (12) Forex up to 90% from $228 $1,000,000

4.7

Read review
Prop Firms In United States – The Best For You – Living From Trading (13) Futures 90% from $125/month $250,000

4.7

Read review
Prop Firms In United States – The Best For You – Living From Trading (14) Futures 80% from $150/month $400,000

4.7

Read review
Prop Firms In United States – The Best For You – Living From Trading (15) 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 United States – The Best For You – Living From Trading (19) Forex up to 90% from $129 $1,500,000

4.6

Read review
Prop Firms In United States – The Best For You – Living From Trading (20) Forex up to 90% from €99 $2,000,000

4.6

Read review
Prop Firms In United States – The Best For You – Living From Trading (21) Forex 80% from €89 $400,000

4.6

Read review
Prop Firms In United States – The Best For You – Living From Trading (22) Futures 90% from $99/month $250,000

4.6

Read review
Prop Firms In United States – The Best For You – Living From Trading (23) Forex up to 80% from $55 $3,000,000

4.4

Read review
Forex up to 90% from $250 $1,000,000

4.2

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 United States – The Best For You – Living From Trading (28) Forex 50% from $99 $1,000,000 Read review
Prop Firms In United States – The Best For You – Living From Trading (29) 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 United States, 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 United States.

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 United States.

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 United States 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 United States 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 United States 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 United States 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 United States – The Best For You – Living From Trading (2024)

FAQs

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

While prop trading is one of the most profitable opportunities, it is affected by asymmetric risk. This means that the profit-sharing ratio may be from 75% to 90%, but you bear 100% of the risk of your trades. When becoming a prop trader, you often need to deposit an amount of money known as your risk contribution.

What is the best prop firm for trading? ›

  • FTMO. FTMO is a prop trading firm based in Prague, Czechia, and has been operating since 2015. ...
  • The Forex Funder. The Forex Funder is among the most popular prop trading firms globally. ...
  • E8 Markets. ...
  • The 5%ers. ...
  • Funded Next. ...
  • Funded Trading Plus.

Is it good to trade with prop firms? ›

While prop trading is one of the most profitable opportunities, it is affected by asymmetric risk. This means that the profit-sharing ratio may be from 75% to 90%, but you bear 100% of the risk of your trades. When becoming a prop trader, you often need to deposit an amount of money known as your risk contribution.

Can you make a living with prop trading? ›

Also known as “prop trading,” it offers higher earnings potential much earlier in your career than jobs like investment banking or private equity. It's arguably the most merit-based industry within finance: if you make millions of dollars for your firm, you'll earn some percentage of it.

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

How much does a prop firm cost per month? ›

How much does it cost to join prop trading firms? This is one of the most common questions beginner prop traders usually ask. Many prop trading firms typically charge a monthly subscription fee of $150 to $25000. It is essential always to compare the fees and the benefits the company offers before joining one.

What is the most trusted prop firm in 2024? ›

The 8 Best Prop Trading Firms for 2024: Most Trusted, Best Promos, Best Trading Conditions
  • Review Summary.
  • My Top Pick: Topstep Futures – 9.4/10 (Best Current Promotion) Pros. ...
  • #2: The 5%ers – 9.2/10. ...
  • #3 FTMO – 9.0/10. ...
  • Interlude: Note on prop firms #4-#8.
  • #4 Lux Trading- 8.7/10.
  • #5 FundedNext – 8.5/10.
  • #6 MyFundedFX – 8.1/10.
Jul 15, 2024

What are the negatives of prop firms? ›

Proprietary trading offers substantial benefits such as increased profits, access to capital, and flexibility in trading strategies. However, it also comes with risks, including less regulatory protection and higher fees.

How much does the average prop trader make? ›

The salary of a prop trader can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year, while a senior trader can make upwards of $500,000 annually.

How stressful is prop trading? ›

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.

How many hours do prop traders work? ›

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.

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

In most cases though one can expect to pay a flat monthly fee, set up fee and in some cases a fee per account. Once again, each software provider varies with their pricing with some only charging per demo. As a general rule one should expect to pay at least $50,000 to operate a prop firm for one year.

What if a prop trader loses money? ›

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.

How many people fail prop firms? ›

Studies have shown that around 4 out of 10 people pass the first stages of any Prop Firm Challenge, and 2 out of the 4 make it through to get a Funded Account. But only 1 person ends up getting paid.

Do prop firms actually copy your trade? ›

It takes no additional effort to replicate your trades to multiple prop firm funded accounts. In fact, most traders that do this use a trade copier system to replicate their trades automatically. This allows you to increase your profits with the exact same amount of work.

Which prop firm is the best? ›

Best Prop Trading Firms
  1. Best Futures Prop Firm: Apex Trader Funding. ...
  2. Best Choice for Funded Futures Trading: Earn2Trade. ...
  3. Best for Experienced Traders: FXIFY. ...
  4. Best Stock Trading Prop Firm: Trade the Pool. ...
  5. Best for Forex, Indices and Metal Traders: The 5%ers. ...
  6. Best for Seasoned and Undercapitalized Traders: Top One Trader.
Aug 6, 2024

Which prop firm allows to trade stocks? ›

FXIFY is a well-known stock prop trading platform. They let you increase your earnings with funded accounts up to $400,000. Furthermore, FXIFY has a straightforward spot and offers copy trading, which is a fantastic option for beginners.

What prop firm pays out the fastest? ›

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 do I choose a prop trading firm? ›

12 Aspects to Consider When Choosing a Prop Trading Firm
  1. Firm's Track Record and Reputation. ...
  2. Regulatory Compliance. ...
  3. Capital Availability. ...
  4. The Funding Process. ...
  5. Fee Structure. ...
  6. Profit Sharing and Pay-out. ...
  7. Trading Instruments and Platforms. ...
  8. Risk Management.
Oct 16, 2023

Which prop firm is better than FTMO? ›

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.

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