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 €99 $2,000,000

4.6

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

4.6

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

4.6

Read review
Prop Firms In United States – The Best For You – Living From Trading (22) 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 (27) Forex up to 90% from $129 $1,500,000 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

Which prop firm is the best in USA? ›

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.

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.

Is trading for a prop firm worth it? ›

Is working with a prop firm worth it? There are many unique advantages that make working with a prop firm worth it. These include access to unique software and information, trading with the firm's capital, and cashing in a large portion of your winnings.

Do prop firms really pay out? ›

Yes, prop firms do pay. While there are some scams out there popping up everyday, reputable prop trading firms like True Forex Funds, FTMO,5%ers,FundedNext are legitimate and pay traders according to their profit-sharing agreements. As for True Forex Funds, I can vouch for their credibility.

Which is the most trusted prop firm? ›

Best Prop Trading Firms 2024 - Reviewed by Experts
  • Topstep.
  • The 5%ers.
  • Earn2Trade.
  • SurgeTrader.
  • FTMO.
  • E8.
  • City Traders Imperium.
  • Fidelcrest.
Feb 2, 2024

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 traders pass prop firms? ›

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.

How much do top prop traders 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.

What happens if you lose money in a prop firm? ›

Proprietary trading firms often provide evaluation accounts where you prove your trading skills. Usually, you pay a one-time fee to enter this "challenge." If you lose money during this evaluation, you won't owe anything beyond the initial fee.

Do you need a Series 7 to trade at a prop firm? ›

Each Representative shall be required to pass the Series 7 General Securities Representative Qualification Examination unless his or her activities are so limited as to qualify him or her as a Proprietary Trader as specified hereafter.

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.

Are prop firms risky? ›

- Traders in prop firms often have limited control over the firm's capital. They may need to deposit their own money as collateral or risk management. - Additionally, payouts are subject to the firm's rules, which may restrict a trader's access to profits.

What is the failure rate for FTMO? ›

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.

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.

Is FTMO available in USA? ›

Please note that FTMO does not provide services to persons in/from (both nationals and residents) Iran, Syria, Myanmar, North Korea and USA, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract.

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.

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.

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