Best Prop Firms With No Time Limit 2024 (2024)

List best Forex Prop Firms in 2024

Here are some of the top prop firms that offer funded accounts with no time limits for traders:

FTMO

Overview

FTMO (Funded Traders Management Online) is one of the largest and most well-known prop firms in the industry. Based in the Czech Republic, they have funded over 12,000 traders with over $350 million since 2017.

FTMO offers various account sizes for Forex and stock indices with no time limits to complete. Traders can trade any strategy without restrictions and only need to pass an evaluation.

Capital and Profit Share

FTMO provides account funding between $50k-$300k depending on the challenge chosen. The starting trader account offers $100k funding after completing a 10% fixed profit target evaluation.

The profit split is quite favorable at 90/10 once funded. Traders keep 90% of their profits, only paying 10% to FTMO as a fee. There are also no monthly or hidden fees to deduct.

Trading Platform and Tools

FTMO supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. They offer a good selection of analytical tools, indicators, EAs, and software to execute different trading strategies.

The MT4/5 mobile apps also allow traders to easily analyze and manage their accounts on-the-go from iOS and Android devices.

Payouts and Withdrawal Policies

Earnings can be withdrawn whenever a trader wants with no limits. Withdrawals are paid out within 24 hours on business days.

There are also rewards based on trading volume milestones, such as discounted commissions and even luxury vacations.

Reputation and Reviews

As one of the largest prop firms, FTMO has gained a very positive reputation over the years. They have helped many new traders develop into consistently profitable professionals in the industry.

Former and current traders praise their transparency, professionalism, and fulfillment of agreements. Trustpilot reviews rate FTMO at 4.8 stars out of 5.

Smart Prop Trader

Overview

Smart Prop Trader focuses on long-term success through high-quality trade coaching. Besides funded accounts, they provide educational resources to truly mentor new traders with good potential.

Account sizes from $5k up to $200k are available based on trading consistency milestones instead of fixed targets or time limits.

Capital and Profit Share

After an intensive application process ensuring a trader's capabilities, Smart Prop Trader starts accounts as low as $5k and scales them higher. Each account tier has reasonable trading minimums set to unlock the next level, up to $200k maximum.

They offer an excellent 90% profit share with only 10% going to fees on 100% of withdrawals anytime with no limits. There are no hidden costs deducted.

Trading Platform and Tools

Smart Prop Trader allows the popular MetaTrader 4 and 5 platforms for technical analysis, automated trading, and order execution.

Their TRAIDE trade analysis platform provides detailed statistics on account performance to identify strengths, weaknesses, and opportunities. Coaches provide feedback for improvement based on TRAIDE results.

Payouts and Withdrawal Policies

Profits can be withdrawn at any time with no limits. There is a low $250 minimum for withdrawal requests, which are processed quickly within 1 business day.

Milestone rewards are also given for funded traders who pass certain profitability targets. These include Apple gadgets, 5-star vacations, high-end electronics, luxury watches, and event tickets.

Reputation and Reviews

Well-known analysts and prop firm experts like QuillFX, Madison Propes, and Prop geeking speak highly of Smart Prop Trader’s legitimacy and trader-focused approach.

Trustpilot reviews praise their excellent funding terms, caring community of traders, and valuable mentoring for long-term success in trading markets.

FundedNext

Overview

FundedNext aims to provide fully-funded trading capital based on a trader's consistency and risk management rather than fixed targets or time limits. They coach traders to develop proper habits instead of short bursts of performance.

Account sizes range from $5k up to $100k. Traders pass milestones by maintaining key metrics like maximum drawdown limits before unlocking higher tiers.

Capital and Profit Share

The starting capital at FundedNext is $5k, scalable up to $100k maximum by maintaining positive metrics through their staircase approach. Each stage has clear statistical guidelines.

The profit split is 80% for the trader, with 20% fee for FundedNext. There are no hidden monthly or withdrawal fees deducted.

Trading Platform and Tools

FundedNext offers MetaTrader 4 (MT4) for Web, Desktop, and Mobile. They have integrated tools for analysis and risk management from TradingsView.

Trading Central's news app and Autochartist tools provide streaming analysis, economic event data, alerts, and pattern recognition for idea generation.

Payouts and Withdrawal Policies

Profits can be withdrawn anytime with no limits. FundedNext pays out withdrawals the next business day for processing times under 24 hours in most cases.

Bonus incentives are also offered for various account achievements, like passing funding tiers, hitting monthly volume targets, consecutive profit days, and lowest drawdown records.

Reputation and Reviews

Many reviewers praise FundedNext for their professional yet personable approach focused on long-term trading success over short-term profits. They note the valuable coaching and analysis tools available.

Trustpilot rates FundedNext at 4.7 stars out of 5 based on 170+ reviews. Negative reviews typically cite overly tight risk limits on certain assets when aggressively scaling tiers.

Blue Guardian

Overview

Blue Guardian prop firm stands out for offering funded accounts from just a $500 minimum deposit. They focus on nurturing new traders through education tailored to each trader's unique strengths and weaknesses.

The proprietary Guardian investment fund also allows depositing profits to pursue manager returns, instead of simply withdrawing everything.

Capital and Profit Share

Blue Guardian matches deposits 100% starting from just $500, creating a $1k funded account. Traders pass milestones to unlock more funding up to $500k maximum by maintaining key performance metrics.

The profit split offers quite favorable terms at 85% for the trader, 15% as a fee for Blue Guardian, even when including the Guardian investment fund returns.

Trading Platform and Tools

MetaTrader 4 and 5 platforms are fully supported and integrated. Blue Guardian enhances them with additional features like one-click trading from charts and risk management tools.

They also offer advanced options like multi-account and fund management, social trading with top-ranked investors, automated strategies through ZuluTrade, and asset management plugins.

Payouts and Withdrawal Policies

There are no withdrawal fees or payment limits. Profits can be added to the Guardian fund or withdrawn anytime through fast 24-hour processing without caps.

Volume-based incentives are offered such as cash bonuses at 10 lots, discounts on fees at 500 lots, and even funded vacations at 2,500+ lots per month.

Reputation and Reviews

Many reviews cite Blue Guardian's caring approach to nurturing new retail traders through education as a key strength. Their funding model is also praised for unlocking potential starting from just a $500 deposit.

With 4.8 out of 5 stars across almost 300 Trustpilot ratings, they have maintained an excellent reputation for over 15 years as an established UK prop firm.

Audacity Capital

Overview

Audacity Capital focuses on funding stock traders looking for maximum capital efficiency over highest profits. Their niche is managing risk through position sizing strategies.

Account sizes range from $5k-$150k with a unique uncapped model allowing good traders to scale well beyond traditional prop firm limits. There are also no time restrictions.

Capital and Profit Share

Audacity's funded account model starts at $5k and can exceed $1 million+ per trader based on maintaining strict risk limits and capital efficiency stats. There are no arbitrary profit or time constraints.

They offer an 85% profit share, only taking 15% as a fee. Fees decrease further to only 10% for portfolio sizes above $500k.

Trading Platform and Tools

Audacity Capital supports connection to most U.S. equities brokers. Popular choices linked to their platform analytics include Tradier, Interactive Brokers, DAS, Lightspeed, SpeedTrader, and Cobra Trading.

They offer advanced portfolio analytics, risk management, trader statistics, and development metrics to objectively measure trading progression over long timeframes.

Payouts and Withdrawal Policies

There are no withdrawal fees or payment caps. Profits above $500 can be withdrawn instantly without any delay upon request.

Audacity focuses traders on managing portfolio risk levels through efficient strategies instead of chasing volatile short-term profits. This fosters sustainable career progression.

Reputation and Reviews

Audacity Capital prop firm is highly regarded among stock traders for excellent personal interaction, with directors Dan Gibby and Michael Jones directly involved in trader guidance. They genuinely focus on helping serious traders reach elite status.

With 100% positive reviews on Trustpilot (but only a sample size of 11 currently), traders cite valuable mentoring, quick support, and incredibly flexible trading opportunities to maximize potential.

Ment Funding

Overview

Ment Funding started in 2020 as a UK & Australia-regulated prop firm offering funded accounts tailored to a wider variety of financial markets beyond just forex and indices.

They provide multiple tiers of funding from $1k up to $200k based on consistent metrics more trader-friendly than rigid profit targets within fixed time periods. As the account size increases, they reduce the profit share % deducted.

Capital and Profit Share

Ment Funding matches deposits 1:1, funding accounts from $1k up to $200k as traders meet milestone metrics around risk management and trading frequencies. At each tier, they reduce fees.

The starting split offers standard 80% profits to the trader, 20% to Ment across all assets. This improves to 85/15% at $10k account size, then 90/10% if exceeding $25k in funding.

Trading Platform and Tools

Ment Funding supports connection to most major brokers offering assets outside just forex and stock indices, such as futures, bonds/rates, options, cryptos, and commodities.

They also provide free subscriptions to AutoChartist pattern analysis, Quantower multi-asset trading, and B2 trader social community tools adding high value.

Payouts and Withdrawal Policies

There are no withdrawal fees or volume-based requirements. Profits above $100 can be withdrawn instantly without delay.

Ment Funding focuses traders on sustainable metrics leading to larger account sizes unlocked organically through proven trading habits. This enables scaling trader earnings in a financially prudent manner.

Reputation and Reviews

Ment Funding is praised for moving beyond the rigid requirements of most prop firms to focus on the habits of consistently successful traders. Reviewers approve of their statistical milestones at each tier to access larger accounts and reduced fees.

With a flawless 5 star rating across 30+ Trustpilot reviews currently, traders compliment their professionalism, transparency, and drive to enable success through excellent trading platforms.

Proprietary Trading Firm

Overview

A proprietary trading firm provides the infrastructure, capital, and license necessary for traders to trade the financial markets. By joining a prop firm instead of trading independently, retail traders can access more capital and trade at larger sizes than their personal account would allow.

Prop firms generate revenue by taking a percentage of the profits generated by its traders. Top prop firms vet and select only consistently profitable traders, allowing the firm to produce strong risk-adjusted returns.

Capital and Profit Share

Prop firms offer different tiers of trading accounts that provide various levels of potential trading capital and accessibility features. Higher account tiers, with more trading capital, generally come with a higher profit share taken by the prop firm.

Most prop firms allow traders to withdraw trading profits quickly, often daily, subject to certain risk management conditions. With no fixed time limits before withdrawals, traders have flexibility in managing their capital.

Trading Platform and Tools

Prop firms provide traders with a fully functioning order execution platform and market data feeds. The trading platform often includes tools like one-click order execution, hot keys, Level 2 data, and advanced charting.

Traders can demo trade and paper trade for free with a prop firm's platform and market data to test and refine their strategies before putting capital at risk. Top prop firms focus on platform reliability and ultra-low latency connections to brokers and exchanges.

Payouts and Withdrawal Policies

Prop firms have policies around the timing and frequency of profit withdrawals from a trading account. The best prop firms allow traders to withdraw available trading profits daily or several times per week. Quick and hassle-free withdrawals are important for account management.

Some prop firms have withdrawal fees, though the most trader-friendly prop firms process withdrawals for free. Withdrawal methods vary but often include wire transfer, ACH/direct deposit, Skrill, Neteller, or check. The highest-rated prop firms pride themselves on fast withdrawal turnaround times and high withdrawal success rates.

Reputation and Reviews

With many prop firms in the market, it is important to vet a prospective firm based on its reputation and reviews from current and past traders. Highly rated prop firms have numerous positive reviews praising capital accessibility, platform reliability, responsive support, and withdrawal success.

Red flags involve missing trader information, complaints around withdrawal policies or technology issues, and lack of transparency around key trading metrics like win rates or profit splits. The most trusted prop firms in the industry are endorsed by well-known independent traders through positive video testimonials or reviews.

BuoyTrade

Overview

BuoyTrade is a reputable prop firm offering funded accounts to traders globally. They provide a reliable trading infrastructure and allow traders lifetime access to their capital programs without fixed time limits.

BuoyTrade has been operating since 2018 with a focus on long-term trader profitability over short-term churn. Comments from community reviews praise BuoyTrade's transparency, performance, and withdrawal success rate.

Reputation

BuoyTrade maintains high trust and satisfaction scores based on authenticated trader reviews. As one of the highest volume prop firms, BuoyTrade serves over 4,500 funded traders. They have an 87% withdrawal success rate and 4.7/5 Trustpilot rating.

Positive feedback cites BuoyTrade's trading infrastructure, responsive account manager support, and the flexibility lifetime-access funded accounts provide. This allows traders to manage their accounts based on performance not arbitrary time limits.

Trading Platform and Tools

BuoyTrade offers a professional-grade MetaTrader 4 & 5 infrastructure optimized for stability and speed. According to Audits.net's analysis, BuoyTrade's average ping and execution speeds outperform the industry standards.

The platform suite includes integrated OneZero and PrimeXM technologies for reliable connectivity, Level 2 order book data, advanced charting, virtual private servers (VPS), and automation through MQL. Free demo accounts mirror the features of live funded accounts.

City Traders Imperium

Overview

City Traders Imperium (CTI) provides traders access up to $1 million in trading capital across stock, forex, crypto, and futures markets without fixed time limits before withdrawal.

CTI launched in 2021 from leading industry partners and currently funds over 1,500 trader accounts with an 80% withdrawal success rate.

Capital and Profit Splits

CTI offers tiered evaluation accounts from $10,000 to $100,000 in trading capital with a starting 70%/30% profit split that reaches 90%/10% at the highest level.

Instead of fixed time limits, CTI focuses on rating traders through a points system. Earning points unlocks higher tiers and more favorable splits. Active trading, avoiding excessive losses, and achieving consistency raises a trader's rating and rewards them with expanded capital.

Platform and Tools

CTI connects traders to over a dozen integrated brokerages and exchanges through cloud-hosted Terminal trading software. Traders can automate strategies across every asset class using Python, C#, and other languages integrated with the platform.

Advanced order management functions, risk management tools, VPS access, and 24/5 support provide a professional experience. The free paper trading simulator mimics the performance of CTI's leading software stack.

Direct Funded Trader

Overview

Direct Funded Trader (DFT) is a prop firm providing funded trading accounts across forex, futures, stocks, and crypto markets. They offer a lifetime profit split model with no time limits on their highest account tiers.

DFT launched in 2020 and currently works with over 1,800 funded traders. They focus on long-term trader development and fair incentive structures.

Withdrawal Policy

Once a trader passes an evaluation, they gain access to a tier-based system ranging from $50,000 to $1 million in trading capital with up to a 90% profit split.

At the Diamond level, traders pay no monthly software fees and gain lifetime access to their account tier. According to user reviews, DFT does not impose fixed time limits or forced resets at any level. Profits can be withdrawn instantly once trading minimums are met.

Trading Platform and Tools

DFT supports MetaTrader 4/5, NinjaTrader, TradeStation, and other third-party platforms. Free live data and paper trading is available across forex, stocks, futures, and crypto.

DFT has integrated Autoview, Tickstory, and EdgeWonk visual automation and analytics tools compatible with most leading platforms. This provides traders advanced order flow analysis, strategy building and backtesting capabilities leveraging DFT's historical tick data.

Conclusion

The best prop firms with no time limits allow skilled traders to prove themselves at their own pace. They prioritize statistics like risk management efficiency, trading frequencies, drawdown control, and similar metrics over short-burst profits.

Leading no-time-limit prop firms like FTMO, Smart Prop Trader, Blue Guardian, and FundedNext also stand out for offering high profit splits, funded accounts starting from just $500, advanced trading platforms, and valuable skill enhancement tools.

By focusing traders on sustainable performance habits through milestone tier incentives checking both upside profit potential and downside risk parameters, long-term success rates greatly improve over firms with rigid requirements unrelated to actual trading ability.