5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (2024)

Finding a prop trading firm that can do exactly what you want is perhaps one of the biggest challenges to settling on a firm. You want a firm that is designed to handle your needs and some of those firms have specific specialties.

So, if you’re looking for the best prop trading firm for stocks, take a closer look at these top suggestions.I researched, and tried some of them, quite extensively.

First, let’s see a brief overview of them.

Table of Contents

Best Prop Trading Firms For Stocks Overview

Prop FirmFundingProfit SplitFees
FTMO$25,00-$2,000,00080%-90%$270-$1,217 (One Time)Open
Funded Trader$50,000-$400,00080%$315-$1,798 (One Time)Open
Trader 2B$25,000-$150,00080%$150-$500 (Monthly)Open
Great Point CapitalN/L90%N/LOpen
Allston TradingN/LN/LN/LOpen

FTMO

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (1)

FTMO is based in Czech Republic. They have their hand in everything and can handle a lot of different trading needs, including forex, futures, commodities, indices, cryptos, bonds, and stocks of course.

This company mostly has an 80% profit split but you can get up to 90% on their highest level. They leverage 1:100 and their funding goes up to $200K.

FTMO is incredibly popular in the prop trading industry so you should definitely at least glance over their details.

They do require a 2-step evaluation so keep that in mind.

FTMO Programs

TypeFunding AmountOne Time FeeProfit Split
Scaling$25,000$27080%
Scaling$50,000$39080%
Scaling$100,000$60980%
Scaling$200,000$1,21790%

Their Pros

  • No less than 80% profit split, could be up to 90%
  • FTMO has really great trader support
  • Their 2-step evaluation process is thorough and secure
  • The platform is designed for serious traders
  • Once you get approved, you have 0 risk in your work
  • Really great reputation from customer reviews

Their Cons

  • Their site is challenging to navigate to find all of the information
  • The evaluation requirements are pretty strict

Funded Trader

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (2)

Funded Trader brings it home with stock trading, in addition to other prop firm trading options. You really can’t go wrong here.

Unfortunately, they are not highly-rated but that is mostly because they are challenging to understand and their website is a tad bit awkward but it has the basic details.

With that being said, their evaluations are cheap, there are a ton of different account options, they do have stock trading, and they have a good reputation based on the reviews I could find about them.

Funded Trader Programs

TypeFunding AmountOne Time FeeProfit Split
Standard$50,000$31580%
Standard$100,000$54980%
Standard$200,000$89980%
Standard$400,000$1,79890%

This may not seem complicated but it gets more complicated when you consider the phases, targets, and minimum trading days.

The phase 1 target is 35 days and Phase 2 is 60 days.

Their Pros

  • Designed to handle a variety of trading
  • Evaluations are pretty inexpensive
  • They have a lot of different account options
  • Stock trading is a major draw for this company
  • Their reputation is positive so far, which is always a good sign

Their Cons

  • They’re pretty new in the industry so still a lot to learn
  • Their website is continuing to be updated and improved but needs some work
  • Their accounts and the requirements can get a little complicated

Trader 2B

Trader 2B is a unique prop trading firm that decided to empower stock traders rather than avoid stocks. You already know it can be a challenge to find a stock prop trader but they saw the challenge and jumped on it.

This company has been around a little over 10 years, they’re a leading firm in the industry in this capacity.

They work to provide tools for day traders so you find yourself with adequate challenges as well as adequate training, tools, and other resources to be successful.

Their fees are low and fully transparent as well.

This company does not require a deposit or capital to get started. You work through their challenges or you can show them a solid trading record if you’re experienced.

Trader 2B Programs

With Trader 2B, you can get started for free if you’re an experienced trader by simply share a trading history. Otherwise, here is the breakout of programs for their Toro Challenge.

TypeFunding AmountMonthly FeeProfit Split
Starter$25,000$15080%
Professional$100,000$30080%
Advanced$150,000$50080%

Their Pros

  • 80% profit split on all levels
  • You don’t have to take the challenge if you have proven trading history
  • It’s free to get started
  • Their platform is designed for stock trading
  • Great resource for trading needs as well as helpful resources and tools
  • Modern technology at your fingertips

Their Cons

  • Some of the details are harder to find on their site
  • There isn’t a lot of external information on them

Great Point Capital

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (4)

Next up is Great Point Capital. This prop trading firm works with stocks as well as other trading stations.

They have a mission to find the best traders out there and share their own tools for success. You get capital support, structure, resources, and plenty of flexibility.

This prop trading firm is based out of Chicago and Austin both. They also will work remotely with any traders out there and help you find an automated strategy.

They have high-tech software designed to simplify your trading experience so you can focus on work and trading.

They’ve got the capital and the resources, you bring your trading knowledge and skills and get to work. They are a bit more limited than some companies but a great option to check out.

Great Point Capital Programs

This is not your average prop trader. Since they are a smaller firm, they choose to be picky on who they bring in. Rather than discuss the programs, take a look at some of their requirements and details here.

  • Required Series 57 securities license
  • Required $10,000 capital contribution to join
  • Operate as self-employed
  • $400,000 max intraday limits
  • You get to retain 90% of your profits

Their Pros

  • 90% profit split
  • This capital company is a member of FINRA
  • Up to $400,000 intraday buying power
  • The best technology around available to you
  • Plenty of resources and opportunity
  • Ability to work from one of their offices in Austin or Chicago (or remote)

Their Cons

  • Private firm with more stringent requirements to get in
  • You are required to bring $10K of your own capital to the table
  • They are a FINRA member so you must pass the Series 52 securities exam

Allston Trading

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (5)

Allston trading has locations in Chicago, Houston, London, and New York. They are all about bringing together innovation and technology for trading.

They are considered a premier market maker in worldwide exchanges and you have access to stocks, bonds, futures, options, and 30 exchanges.

This company believes strongly in investing in technology. They bring you a high-quality trading and research platform as well as systems created for performance.

Your network will be great and so will your support.

Allston Trading Programs

This prop trading firm is set up like a private firm again, much like Great Point Capital was.

You can get started by applying with their general application. Here, you would be a full time employee as part of their working team, rather than an individual trader so the availability does vary.

Their Pros

  • Access to company benefits
  • Excellent technology
  • A large part of the premier worldwide market
  • Access to 30 exchanges
  • Offices in Chicago, Houston, London, and New York

Their Cons

  • A private firm that is harder to be a part of
  • Their pay structure is not readily available; it appears you would be an employee
5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (2024)

FAQs

Which is the most trusted prop firm? ›

Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

What percentage of traders pass prop firm challenge? ›

That result should look catastrophic for anyone who hopes to join a prop firm. The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

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.

How much do prop firms pay traders? ›

In conclusion, the income of prop firm traders 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.

What prop firm has the fastest payout? ›

Funding Traders offers some of the fastest, most flexible payout terms in the industry. As a funded trader yourself, this industry-leading prop firm empowers you to maximize profits and get paid faster.

Why is FTMO banned in US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

How many people passed FTMO challenge? ›

The FTMO challenge has a reputation for being extremely difficult to pass. Across FTMO's various account levels, it is estimated that only around 10% of traders are able to successfully complete the evaluation and become a funded trader. This means approximately 90% of those who attempt the challenge end up failing.

Do prop firms actually payout? ›

While it's true that there have been instances of fraudulent prop firms, it's important to note that legitimate prop trading firms do exist, and they indeed pay traders based on their performance. It's crucial to thoroughly research and choose reputable firms with a proven track record.

What are the negatives of prop firms? ›

Foreign Exchange Specialist at FTMO.
  • Strict Risk Management Rules and Trading Guidelines: ...
  • Profit Sharing: ...
  • Profit Targets During the Evaluation Period: ...
  • Limited Control Over Capital and Payouts: ...
  • Lack of Regulatory Oversight: ...
  • High Leverage and Margin Requirements: ...
  • Financial Risk and Capital Exposure:
Feb 11, 2024

What is the best prop firm for Americans? ›

Best US Prop Firms
  • SurgeTrader – Best For Managing Big Capital Without Scaling.
  • My Funded FX – Best for Diverse Traders.
  • TradeDay – TradeDay is Best For Learning from Experts.
  • TopStep – Best For Trading Futures.
  • Earn2Trade – Best for Guided Futures Learning Paths.

What is the cheapest prop firm? ›

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

How stressful is prop trading? ›

It's a competitive, high-stress field with drawbacks like any other career. It's also awash with less-than-reputable firms that offer zero base pay, limited profit sharing and often make new hires pay for training and tech. Avoid these types of firms as they're a ticket to plenty of risk with minimal reward.

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

Prop trading can be lucrative, with earnings tied to a profit-sharing ratio. Unlike traditional brokers relying on commissions, prop traders' income directly links to generated profits. Ratios vary, often ranging from 75/100 to 90/100, offering flexibility based on experience and strategy.

How are prop traders taxed? ›

Profitable independent contractor (IC) proprietary traders receive a 1099-MISC for “non-employee compensation.” Sole proprietors use a Schedule C to report fee revenue and deduct their business expenses, including home-office deductions, if they qualify.

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.

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

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.

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