Looking to trade with a prop firm in the U.S.? Here’s a quick guide to the top 10 firms for traders in 2025.
Prop firms give traders access to capital and tools to trade without risking personal savings. In exchange, they share profits, often with splits ranging from 50% to 90%. U.S.-based traders should focus on firms offering strong regulatory compliance, fair profit splits, and robust trading platforms. Here’s a snapshot of the best options:
- DNA Funded: Up to $600,000 funding, profit splits up to 90%, and advanced tools like TradeLocker.
- BrightFunded: $400,000 max funding, scaling to 100% profit splits, and diverse trading instruments.
- ThinkCapital: Affordable entry fees, flexible challenges, and 80%-90% profit splits.
- Topstep: Best for futures traders, 100% profit on the first $10,000, then 90%.
- Funded Trading Plus: Up to $5 million in scaling potential with flexible rules.
- City Traders Imperium: Profit splits up to 100% with diverse funding programs.
- Apex Trader Funding: $300,000 max funding, 100% profit on the first $25,000, then 90%.
- Jane Street: Institutional-level firm with advanced tech and algorithmic trading.
- Hudson River Trading: Quantitative trading with cutting-edge technology and global reach.
Quick Comparison Table
| Firm | Max Funding | Starting Profit Split | Max Profit Split | Best For | Platforms |
|---|---|---|---|---|---|
| DNA Funded | $600,000 | 80% | 90% | Advanced tools | TradeLocker |
| BrightFunded | $400,000 | 80% | 100% | Scaling potential | DXtrade, cTrader |
| ThinkCapital | $200,000 | 80% | 90% | Low entry costs | ThinkTrader |
| Topstep | $150,000 | 100% (first $10K) | 90% | Futures trading | NinjaTrader |
| Funded Trading Plus | $5,000,000 | 80% | 90% | Massive scaling | MatchTrader |
| City Traders Imperium | $4,000,000 | 70%-80% | 100% | Performance rewards | MT5, MatchTrader |
| Apex Trader Funding | $300,000 | 100% (first $25K) | 90% | Futures focus | Rithmic, Tradovate |
| Jane Street | Proprietary | N/A | N/A | Institutional trading | In-house |
| Hudson River Trading | Proprietary | N/A | N/A | Quant strategies | In-house |
Key Takeaways
- New traders: Look for strong educational tools and affordable challenges (e.g., ThinkCapital, BrightFunded).
- Experienced traders: Focus on firms with high profit splits and scaling potential (e.g., City Traders Imperium, Funded Trading Plus).
- Futures traders: Topstep and Apex Trader Funding are excellent choices.
Choose a firm that aligns with your trading goals, platform preferences, and funding needs.
Top 5 Prop Trading Firms for US Prop Traders (Pros/Cons)
1. DNA Funded
DNA Funded is a ASIC-regulated proprietary trading firm powered by DNA Markets, offering U.S. traders access to simulated trading capital of up to $600,000 [5]. With an impressive 97/100 score in industry analysis, it’s a strong contender in the trading world [7].
The firm provides three challenge options tailored to different trading styles and budgets: 1 Phase, 2 Phase, and Rapid [3][4].
| Challenge Type | Profit Target | Max Daily Loss | Max Drawdown | Max Leverage | Price Range |
|---|---|---|---|---|---|
| 1 Phase | 10% | 5% | 6% | 1:30 | $59 – $1,209 |
| 2 Phase | 10%/5% | 6% | 10% | 1:50 | $49 – $1,079 |
| Rapid | 5% | 4% | 5% | 1:30 | $99 – $549 |
In addition to these challenges, DNA Funded equips traders with advanced tools to enhance their trading experience. The firm’s profit-sharing model is especially attractive, starting at 80% and climbing to 90% for top-performing accounts [5][6]. Traders who start with a $200,000 account automatically qualify for the 90% profit share, while others can purchase a Profit Split Booster to reach the same rate [6].
DNA Funded integrates TradeLocker with TradingView, granting access to over 800 tradable assets across multiple markets [7]. For U.S. traders, this includes 50+ forex pairs with leverage up to 50:1, major global indices and commodities at 10:1 leverage, blue-chip stocks at 5:1 leverage, and cryptocurrencies at 2:1 leverage [7].
The firm also supports algorithmic trading and Expert Advisors on funded accounts, though some restrictions apply [2][4]. For example, while news trading is allowed, it’s restricted during the 10-minute window before and after major economic data releases [2][4]. Prohibited strategies include the Martingale system, high-frequency trading, and latency arbitrage [2].
Traders must meet certain operational requirements, such as maintaining a consistent IP address to avoid triggering security reviews and adhering to a 40% daily profit cap [2][4]. Payouts are processed every 14 days by default, though the first three withdrawals are capped at 5% profit [4][2].
With its combination of substantial funding, trader-friendly profit splits, and regulatory backing, DNA Funded is a compelling choice for dedicated traders looking to scale their trading careers.
2. BrightFunded
BrightFunded has earned a solid reputation with a TrustPilot rating of 4.6 out of 5 stars [8] and has distributed over $6 million to its traders [11]. With funding options reaching up to $400,000, traders gain access to more than 150 instruments, including crypto pairs, across multiple markets [11].
One of BrightFunded’s standout features is its profit-sharing model. The default profit split is set at 80/20, but traders can increase their share to 90% by opting for a "+20% fee" during account setup. Additionally, an unlimited scaling plan allows traders to eventually achieve a 100% profit split [8][9].
A trader testimonial highlights this flexibility:
"By default, the profit split is 80/20, but it can be quickly increased to 90% with our add-on or grown to 100/0 with our scaling plan." – BrightFunded [9]
BrightFunded supports both DXtrade and cTrader platforms, offering a flexible and tailored trading experience [13][14]. DXtrade provides advanced charting tools and robust risk management features, while cTrader supports both manual and algorithmic trading strategies across forex, CFDs, and cryptocurrencies.
The company also offers a diverse range of markets, including forex pairs, commodities, indices, and cryptocurrencies. This variety accommodates a wide range of trading styles, from scalping and swing trading to long-term strategies, using either technical or fundamental analysis [13][15].
To qualify for funding, traders must pass the BrightFunded Challenge and Verification process [10]. The challenge requires a refundable fee of €495 (around $525), which is returned upon successful completion [11].
BrightFunded enforces clear trading rules to maintain realistic market conditions. Prohibited strategies include hedging, gap trading during major news events, and using external data feeds [12].
Another attractive feature is the Trade2Earn program, which has paid out an additional $200,000 to participating traders [8]. This initiative provides extra income opportunities beyond the standard profit-sharing model, making it especially appealing to active traders.
3. ThinkCapital
ThinkCapital stands out with its low entry fees and a clear path for scaling funded accounts. As a broker-backed proprietary trading firm, it provides flexibility for traders of all experience levels. The challenge fees range from $39 to $949, making it accessible to a broad audience [17][18].
The firm offers three challenge types – 1-Step, 2-Step, and 3-Step challenges – designed to suit varying trading styles and preferences [17]. Its scaling plan supports account growth as traders hit profit targets, leading to competitive profit-sharing arrangements [16]. Profit sharing starts at 80% and can climb to 90% with an optional add-on [19], allowing traders to keep a substantial portion of their earnings while using the firm’s capital.
For traders based in the US, platform options are a key consideration. While international users can choose between MetaTrader 5 and ThinkTrader, US traders are restricted to the ThinkTrader platform [18][19]. ThinkTrader integrates with TradingView and features a user-friendly interface, offering spreads starting at 0.8 pips for EUR/USD with zero commission fees [18].
| Platform | Features | Spreads | Commission | Best For |
|---|---|---|---|---|
| MetaTrader 5 | Advanced tools, algo trading, multi-asset options | From 0.0 pips | $4 per lot per side | Experienced traders |
| ThinkTrader | TradingView integration, intuitive design | From 0.8 pips | None | US traders, beginners |
ThinkCapital also boasts a Trustpilot score of 4.5/5 [18]. With its affordable entry costs, flexible challenge formats, attractive profit splits, and strong regulatory support, ThinkCapital is a compelling choice – especially for US traders aiming to secure funded trading accounts.
4. Topstep
Topstep is a go-to option for futures traders in the U.S., offering a structured three-stage evaluation process designed to prepare participants for managing live capital [18].
The journey starts with the Trading Combine, a simulated test where traders pay monthly fees ranging from $49 to $149, depending on the account size they choose ($50K, $100K, or $150K) [18]. From there, successful participants move to the Express Funded Account, simulating real profits, and ultimately to the Live Funded Account for actual trading [18].
Topstep’s evaluation process includes strict rules to encourage discipline. These include daily profit and loss limits, closing all positions by 3:10 PM CT, and no trading over the weekend [20][21]. Such guidelines help traders develop consistency and risk management skills.
The payout structure is equally well-organized. Traders can request weekly payouts, provided they meet a $125 minimum. After achieving five profitable days (net profit of at least $200 per day), they can withdraw up to $5,000 or 50% of their account balance. For those who reach 30 profitable days, all profits become accessible – with 100% of the first $10,000 returned and a 90/10 profit split for amounts beyond that [22][23][24]. In 2024 alone, Topstep processed 81,177 payouts to traders [22].
Platform Compatibility
Topstep offers a range of platform options to suit different preferences. During the evaluation, traders can use TopstepX, NinjaTrader, or Quantower [25]. Mac and mobile users can also choose platforms like Tradovate, TradingView, and MotiveWave [25]. Importantly, the platform selected during the Trading Combine continues to be used after funding, ensuring a seamless transition [25].
| Platform | Data Feed | Mobile Support | Mac Support | Free in Combine | Live Brokerage |
|---|---|---|---|---|---|
| TopstepX | ProjectX | ✓ | ✓ | ✓ | Plus500 |
| NinjaTrader | Rithmic | ✗ | ✗ | ✓ | NinjaTrader Brokerage |
| Tradovate | CQG | ✓ | ✓ | ✓ | Tradovate |
| TradingView | CQG | ✗ | ✓ | ✓ | Tradovate |
Fees
There is a one-time $149 activation fee when traders pass the challenge [20]. Additionally, live accounts are subject to futures exchange data fees, starting at $135 per month per exchange [18]. With its structured evaluation process, clear rules, and profit-sharing model, Topstep stands out as a solid choice for futures traders looking to hone their skills and trade live capital.
5. Funded Trading Plus
Funded Trading Plus provides traders with flexible funding options and programs tailored to different trading styles. Starting account sizes range from $5,000 to $200,000, with the potential to scale up to $2,500,000 through its scaling plan [26][28].
The Instant Funding (Master) program offers immediate access to live trading capital, with accounts ranging between $5,000 and $100,000. Fees for this program range from $225 to $4,500. Alternatively, traders can opt for the evaluation-based programs: the 1-Phase Experienced program, which offers accounts from $12,500 to $200,000 with fees between $119 and $949, or the 2-Phase Advanced/Premium program, which provides accounts from $25,000 to $200,000 with fees ranging from $199 to $1,097 [28].
What sets Funded Trading Plus apart is its profit-sharing model. Traders start with an 80/20 split, but as they achieve milestones, the structure becomes more rewarding. Hitting a 20% simulated profit unlocks a 90/10 split, and at 30% simulated profit, traders can keep 100% of their earnings [30][31].
The firm’s trading rules are designed to accommodate flexibility. There are no minimum trading day requirements, consistency rules, or restrictions on trading during news events or weekends. These trader-friendly policies have earned the company recognition as the "Most Trusted Trading Firm UK 2025" by International Business Magazine and a 4.7/5 rating on Trustpilot from over 2,400 reviews [26][27][29]. This makes it an attractive choice for U.S. traders seeking adaptable options.
Platform Options for U.S. Traders
For U.S.-based traders, Funded Trading Plus supports MatchTrader and DXTrade as its primary platforms [32][33]. While globally popular platforms like MetaTrader 4, MetaTrader 5, and cTrader are supported by the firm, they are not available to U.S. clients [33]. The provided platforms come equipped with a suite of trading tools, though some traders have noted occasional lag with DXTrade [29].
Withdrawals are straightforward and can be requested starting seven days after account activation. After that, withdrawals are available weekly, with a minimum amount of $50. Most payouts are processed within 24 hours [31].
CEO Simon Massey highlighted the firm’s focus on its traders, saying:
"Winning this award is an honour and a reflection of the trust you have placed in us. Thank you for believing in FT+. We’re just getting started!" [27]
This statement reinforces the company’s commitment to supporting its traders and their success.
| Program Type | Fee Range | Account Size | Profit Target | Max Loss | Daily Loss | Scaling Available |
|---|---|---|---|---|---|---|
| Instant (Master) | $225 – $4,500 | $5,000 – $100,000 | None | 6% | 3% | Every 10% profit |
| 1-Phase (Experienced) | $119 – $949 | $12,500 – $200,000 | 10% | 6% | 4% | Yes |
| 2-Phase (Advanced/Premium) | $199 – $1,097 | $25,000 – $200,000 | 10% | 10% | 5% | Yes |
6. City Traders Imperium
City Traders Imperium (CTI) has been a standout in the prop trading world since its launch in 2018. Known for its flexible funding options and generous profit-sharing structure, CTI offers traders the chance to scale their accounts up to an impressive $4,000,000 [34]. The firm provides four funding programs tailored to different needs: 2-Step Challenge (starting at $39), 1-Step Challenge (starting at $29), Instant Funding (starting at $69), and Instant Funding Pro (starting at $299) [34]. These diverse entry points make CTI accessible while offering significant growth opportunities.
Profit Sharing and Performance Incentives
CTI’s profit-sharing model is designed to reward success. Depending on the program, traders start with profit splits of 70% (1-Step Challenge), 80% (2-Step Challenge), or 60% (Direct Funding). As traders hit a 10% profit target and maintain a consistency score below 80%, their profit split increases by 10%, maxing out at 100%. This means top-performing traders can keep all their earnings, as CTI duplicates trades internally [35].
Platforms and Trading Tools
For U.S. traders, CTI supports both MetaTrader 5 (MT5) and Match-Trader platforms [34]. Following a six-month migration to MT5 completed in May 2025, the firm now provides a stable and secure trading environment, doubling as both a prop firm and a broker [36]. Traders benefit from a free MT5 Trade Manager for efficient trade and risk management [34]. Additionally, through a partnership with Broctagon, CTI offers institutional-grade liquidity and tighter spreads [38]. Traders can also use their own Expert Advisors on funded accounts, though CTI requires the source code for verification [36][37].
CTI goes beyond the basics by offering a comprehensive suite of tools to enhance the trading experience. These include:
- Account Metrix and Account Analysis for performance tracking
- A Trading Journal and Risk Calculators
- An Economic Calendar to stay on top of market events
- A Personal Wallet and Direct Payouts for easy fund management
- An Affiliate Portal to explore referral opportunities
The firm also provides a free weekly Market Sentiment Report, giving traders valuable market insights [34].
A CTI trader shared their experience:
"Excellent support, excellent spreads, unlimited time for challenge, adequate leverage. A powerful proof they want your success is: they have nothing to gain in seeing you failing…" – Nhân sự Hà Sơn, CTI Trader [34]
With competitive pricing, strong scaling opportunities, and a performance-driven profit-sharing model, CTI offers U.S. traders a solid path to long-term success in prop trading.
7. Funder Trading
Funder Trading has introduced a profit-sharing model that puts traders first. Here’s how it works: traders keep 100% of their profits until their subscription fees are fully recovered. After that, they receive an 80% profit split, with the firm covering any losses [40]. This setup provides flexibility and financial support for traders, laying the groundwork for the funding options outlined below.
Capital Allocation and Funding Structure
Funder Trading offers funding amounts ranging from $10,000 to $100,000, with the potential to combine accounts for up to $1 million in virtual funding. They cater to different trading preferences through two types of challenges: standard and crypto-focused. These challenges are available in 1-step and 2-step formats, allowing traders to choose what suits their style best. Pricing varies, with standard challenges costing between $100 and $750, while crypto challenges range from $900 to $1,050 [39].
Trading Platforms and Market Access
Beyond funding, Funder Trading ensures traders have access to competitive platforms and markets. They support TradeLocker and cTrader as trading platforms [42]. However, cTrader is not available for U.S. traders, making TradeLocker the primary platform option for them. TradeLocker stands out with its built-in API and AI tools, which allow traders to develop custom trading bots.
The firm also offers broad market access, covering a variety of instruments, including:
- Forex (Majors, Crosses, and Exotics)
- Cryptos
- Energies
- Indices
- Metals
- Stocks (via indices rather than individual equities)
Spreads are dynamic, adjusting based on market conditions and liquidity provider pricing [42].
Streamlined Account Access
Getting started with Funder Trading is straightforward. Once traders purchase a challenge, they receive immediate access to their account details, including login credentials, platform links, and server information [42]. Their flagship offering, the TrueEdge Challenge, combines the 80% profit split with a full reimbursement of challenge fees once a trader is funded [41].
With its profit-focused approach and wide market access, Funder Trading presents a compelling option for U.S. traders looking to maximize their early earnings.
8. Apex Trader Funding
Apex Trader Funding has established itself as a leader in the futures trading industry, boasting an impressive track record of payouts. In June 2024, the company made over $200 million in payouts, more than doubling the total of its nearest competitor [43]. This achievement highlights its efficient evaluation process and commitment to traders.
Streamlined One-Step Evaluation Process
Apex Trader Funding simplifies the path to funded trading with a one-step evaluation process. Using a simulation account with real-time market data, traders can experience live trading conditions without navigating multiple phases [43][45].
The evaluation criteria are clear yet precise. Traders must hit their profit target without breaching the trailing threshold, trade for at least seven days (nonconsecutive days are allowed), and adhere to the firm’s Code of Conduct [43][46]. However, there are some key rules to follow: sharing account logins is strictly forbidden, and holding trades past 4:59 PM EST is not allowed [46].
Competitive Profit Structure
Apex Trader Funding’s profit-sharing model is a major draw for traders. Chika Uchendu from Benzinga highlights:
"Apex Trader Funding stands out for its simplicity, flexibility and lucrative profit split – you get 100% of your first $25,000 profit per account and 90% after that." [43]
Here’s how it works: traders keep 100% of the first $25,000 they make per account, followed by a 90% profit split on any earnings beyond that. Importantly, there’s no cap on total payouts, and traders can manage up to 20 funded accounts, significantly boosting their earning potential [43][47].
To qualify for payouts, traders must meet specific criteria: complete 8 trading days, show a profit of at least $50 on 5 of those days, and follow the 30% Consistency Rule, which limits daily contributions to 30% of total profits [48].
Maximum Funding and Platform Support
Apex Trader Funding offers account sizes as large as $300,000, with monthly fees ranging from $147 to $657 for Rithmic accounts and $167 to $677 for Tradovate accounts. Supported trading instruments include futures tied to interest rates, commodities, indices, FX pairs, and cryptocurrencies [43][49].
| Account Size | Profit Target | Trailing Threshold |
|---|---|---|
| $25,000 | $1,500 | $1,500 |
| $50,000 | $3,000 | $2,500 |
| $100,000 | $6,000 | $3,000 |
| $150,000 | $9,000 | $5,000 |
| $250,000 | $15,000 | $6,500 |
| $300,000 | $20,000 | $7,500 |
Some of Apex Trader Funding’s payouts have made headlines. In April 2025, one trader received a single payout of $2,552,800.50, reportedly the largest single-day payout in the history of proprietary trading firms [47]. Another trader shared a screenshot of a $2,464,822.90 wire transfer, bringing their total earnings to over $2.6 million [47].
With a 4.5/5 rating on Trustpilot and 93% of reviews awarding 5 stars, Apex Trader Funding has earned a strong reputation among traders in more than 100 countries [43][44]. Its focus on futures trading, generous profit-sharing model, and proven payout history make it a standout choice for U.S.-based traders looking to grow their trading careers.
9. Jane Street
Jane Street stands out from the crowd of traditional proprietary trading firms by blending elements of technology, hedge funds, and investment banking into its operations. Unlike firms that center their success on individual traders, Jane Street employs a committee structure with 38 equity holders, each boasting an average tenure of 17 years [50].
Financial Performance That Commands Attention
Jane Street’s financial growth is nothing short of impressive. In the first quarter of 2025, the firm reported revenues exceeding $7 billion – marking a 60–65% increase compared to the previous year. With nearly $10 million in annualized revenue per employee, the numbers speak for themselves. The firm’s equity capital also saw a massive leap, growing from $3.8 billion at the end of 2019 to an astounding $30 billion by the close of 2024 [50]. By retaining most of its profits, Jane Street continues to strengthen its capital base and fuel future expansion.
This financial strength reinforces its dominant position in the market-making arena.
Dominance Across Multiple Asset Classes
Jane Street’s market-making activities span a wide range of assets, and the 2024 numbers underline its influence. The firm traded nearly 1 billion OCC contracts, accounting for 8% of the total OCC volume. In North American equities, it captured over 10% of the market, handling daily volumes of $67 billion. On the fixed-income side, Jane Street executed $11 billion in daily trades while managing over a million transactions across more than 200 exchanges [50] [51].
A Technology-First Approach
At its core, Jane Street operates like a tech company. Nearly all of its trading and risk management software is developed in-house using OCaml. In fact, Jane Street supports the largest team of OCaml engineers in any industrial setting. The firm also uses machine learning extensively, allowing for rapid experimental feedback and seamless integration of new ideas [51] [52].
"Technology is at the core of how we approach trading, and we consider ourselves as much a technology company as a trading firm." [51]
"Trading serves as a unique, rapid-feedback platform for ML experimentation, allowing us to incorporate new ideas with relatively little friction." [52]
This cutting-edge technological infrastructure supports a unique compensation and career model.
A Distinctive Approach to Careers and Compensation
Jane Street’s compensation is tied to both individual contributions and overall firm performance. The firm places a premium on quantitative skills and teamwork rather than formal qualifications. Its recruitment strategy reflects this philosophy, drawing talent from a wide range of academic disciplines. In 2024, the firm’s intern class included students from 108 colleges and universities across 27 countries, highlighting its global reach and commitment to diversity [50] [51] [53] [54].
| Key Metrics | 2024 Performance |
|---|---|
| Equity Capital | $30 billion |
| Daily Equities Volume | $67 billion |
| Fixed Income Daily Volume | $11 billion |
| OCC Contracts Traded | 1 billion |
| Market Share (North American) | >10% |
Jane Street’s success is driven by its innovative use of technology, strong financial foundation, and a culture that values collaboration and diversity. These elements make it a top choice for quantitatively skilled individuals looking to make their mark in trading.
10. Hudson River Trading
Hudson River Trading (HRT) wraps up our list with its cutting-edge approach to quantitative trading. At its core, HRT operates as an engineering powerhouse, using mathematical models and advanced technology to execute millions of trades every day across global financial markets.
A Technology-First Trading Philosophy
HRT describes itself as:
"HRT is first and foremost a math and technology company. We are engineers and researchers working as one team to solve difficult problems, and trading millions of shares a day on the world’s financial markets." [55]
This philosophy has delivered impressive results. By 2014, HRT was responsible for about 5% of all trading volume in the U.S., showcasing the effectiveness of its algorithm-driven strategies [56]. This emphasis on technology and teamwork sets HRT apart in the competitive world of trading.
Multi-Asset Trading with a Broader Perspective
Unlike many high-frequency trading firms that focus on split-second trades, HRT takes a more flexible approach. The firm’s average holding time is approximately five minutes, a stark contrast to the milliseconds typical in the industry [56]. Additionally, HRT keeps about 25% of its trading capital overnight, allowing it to capitalize on opportunities that extend beyond ultra-short-term price fluctuations [56].
HRT’s reach is extensive, spanning over 100 markets worldwide and covering various asset classes like equities, fixed income, options, and ETFs [56]. In Europe, the firm operates two Systematic Internalisers, offering tailored liquidity for more than 1,300 securities across 15 key jurisdictions, with an impressive fill rate of over 98% [57].
Powering Strategies with Advanced Computing
To support its quantitative trading strategies, HRT relies on a robust technological infrastructure. Its computing systems are on par with those found in leading research institutions, featuring extensive GPU and CPU clusters capable of handling complex mathematical models and risk analysis [59].
The firm’s hardware team designs high-performance computing engines using FPGA and ASIC technologies, enabling ultra-low-latency trading decisions [59]. Python is used for market optimization, while C++ powers low-level engineering, distributed computing, and treasury operations [59].
HRT’s Research & Development team ensures that its systems run seamlessly across global markets, maintaining the firm’s competitive edge.
Competitive Compensation and Career Opportunities
As a proprietary trading firm, HRT retains all its profits, allowing it to offer lucrative compensation packages. These include a base salary, performance-based bonuses, and comprehensive benefits [63]. The median total compensation is $300,000, which includes a $200,000 base salary and a $100,000 bonus [62]. Software engineers, in particular, earn between $427,000 and $532,000 annually [60][61].
| Position | Median Total Salary |
|---|---|
| Software Engineer | $634,375 |
| Data Scientist | $458,969 |
| Hardware Engineer | $310,000 |
| Investment Banker | $248,750 |
HRT also invests heavily in its infrastructure, with plans to allocate $21.3 million to IT annually, ensuring it remains at the forefront of technological advancements [58]. The firm’s culture emphasizes collaboration and values diverse technical expertise, making it an appealing workplace for those with a passion for problem-solving and innovation.
Hudson River Trading’s combination of mathematical precision, advanced technology, and strategic flexibility makes it a top choice for individuals eager to thrive in a fast-paced, tech-driven trading environment.
Comparison Table
Understanding the differences in funding, profit splits, and platforms can help you make smarter choices for your trading journey.
Funding Opportunities
The range of maximum funding varies significantly across firms. For instance, DNA Funded, BrightFunded, and ThinkCapital offer funding between $5,000 and $200,000 [18]. Topstep caps its funding at $150,000 [18], while Apex Trader Funding provides up to $300,000 [64]. If you’re looking for the largest potential, Funded Trading Plus scales up to an impressive $5 million [18].
Profit Splits
Profit-sharing structures also differ widely. Topstep allows traders to keep 100% of the first $10,000 in profits, followed by a 90% split [18]. Apex Trader Funding offers 100% on the first $25,000 per account, then transitions to 90% [65]. Most firms start with an 80% split, but DNA Funded, ThinkCapital, and Funded Trading Plus increase this to 90% over time [18]. BrightFunded and City Traders Imperium stand out by offering the potential to earn 100% profit splits through performance milestones or scaling plans [18].
Comparison Table
Here’s a quick breakdown of the key features:
| Firm | Max Funding | Starting Profit Split | Maximum Profit Split | Special Features |
|---|---|---|---|---|
| DNA Funded | $200,000 | 80% | 90% | Upgradeable split |
| BrightFunded | $200,000 | 80% | 100% | Scaling plans available |
| ThinkCapital | $200,000 | 80% | 90% | Add-on upgrades |
| Topstep | $150,000 | 100% (first $10K) | 90% thereafter | Futures specialization |
| Funded Trading Plus | $5,000,000 | 80% | 90% | Massive scaling potential |
| City Traders Imperium | Scalable | 80% | 100% | Performance-based increases |
| Apex Trader Funding | $300,000 | 100% (first $25K) | 90% thereafter | High initial funding |
| Jane Street | Proprietary | N/A | N/A | Institutional focus |
| Hudson River Trading | Proprietary | N/A | N/A | Quantitative strategies |
Trading Specializations and Platforms
Each firm caters to different trading needs. For example, Topstep is tailored for futures traders, focusing on commodities and indices. On the other hand, Jane Street and Hudson River Trading operate as institutional proprietary trading firms, leveraging advanced quantitative strategies. Other firms generally support a mix of asset classes like forex, stocks, and futures.
As for platforms, most companies rely on popular tools like MetaTrader 4 and 5, cTrader, and NinjaTrader. However, platform availability may depend on regulatory requirements for U.S. traders and the firm’s technical setup.
Key Takeaways
- If you’re after maximum funding, Funded Trading Plus offers up to $5 million.
- For traders prioritizing immediate profit retention, Topstep and Apex Trader Funding provide 100% profit on initial earnings.
- Those aiming for long-term profit potential might find BrightFunded and City Traders Imperium appealing, with pathways to 100% profit splits based on performance.
When choosing a firm, remember to weigh the realistic effort and costs required to unlock these benefits. Some firms may charge extra fees for upgrades, while others focus on rewarding consistent and high-performing traders.
Conclusion
Choosing the right prop firm depends on your trading style, experience level, and financial goals. Here’s a quick breakdown to help you decide:
If you’re new to trading, look for firms with strong educational tools and reasonable evaluation processes. For example, BrightFunded stands out with its accessible entry fees and helpful resources, making it a solid choice for beginners. On the other hand, seasoned traders aiming to maximize their earnings might prefer firms offering 100% profit splits, like City Traders Imperium or BrightFunded, which reward consistent performance. Futures traders should take note of Topstep, which allows you to keep 100% of your first $10,000 in profits [18].
Your trading focus also plays a big role. Stock traders will appreciate DNA Funded for its access to over 800 instruments [18], while crypto enthusiasts should consider BrightFunded, which supports trading in 40+ cryptocurrency pairs [65]. Matching your preferred markets with a firm’s offerings is key.
For U.S. traders, regulatory compliance is a must. Verify that your chosen firm adheres to U.S. regulatory standards [1].
When it comes to costs, evaluation fees vary widely – from $39 to $5,000 – while funding amounts range from $25,000 to $250,000 [18][66]. Decide whether you want instant funding, like that offered by Funded Trading Plus, or a more traditional evaluation process that emphasizes consistent performance over time.
Payout schedules are another factor to consider. Some firms pay weekly, while others follow a bi-weekly cycle [18]. Be aware of any additional fees for expedited payouts.
Lastly, the firm’s culture and support system can make a big difference in your success. Look for transparent fee structures, responsive customer service, and strong trader feedback. Trustpilot ratings for these firms range from 3.9/5 to 4.7/5, giving you an idea of their reputation [18].
Ultimately, the best prop firm for you will align with your capital, trading style, and growth ambitions. Whether you’re aiming for higher funding, better profit splits, or access to specific markets, this list offers options tailored to every type of U.S. trader looking to scale their trading career with institutional backing.
FAQs
What should U.S. traders look for when selecting a prop firm from this list?
When choosing a prop firm, U.S. traders should pay attention to several important factors. Start by evaluating the firm’s pricing structure, the complexity of its trading challenges, and the trading platforms it supports. These elements can significantly impact your overall experience and success.
You should also consider the variety of financial markets the firm offers. Make sure they align with your trading style and the assets you prefer to trade. Beyond that, look into the profit-sharing model, the availability of customizable tools or add-ons, and the firm’s reputation within the trading community. A firm with strong community support and a solid track record can provide a more reliable and supportive trading environment.
By focusing on these aspects, you’ll be better equipped to find a prop firm that aligns with your trading objectives and preferences.
What are the differences in profit splits and funding amounts offered by top prop firms for U.S. traders?
Profit-sharing and funding arrangements among top proprietary trading firms in the U.S. can differ significantly. Some firms offer profit splits of up to 100%, letting traders keep all their earnings under certain conditions. Others stick to more traditional splits, like 50-50. These variations often align with the firm’s business model and the perks they use to attract talented traders.
When it comes to funding, the range is just as broad. Initial funding can start as low as $6,000 and extend to as much as $4,000,000, depending on factors like a trader’s track record, performance, and the firm’s rules. This wide range allows traders to choose firms that align with their financial goals and trading approaches.
What are the main benefits of trading with a prop firm instead of using your own capital?
Trading with a prop firm comes with several perks that can make it a game-changer for traders. One of the standout benefits is gaining access to much larger capital, which means you can take on bigger trades and aim for higher returns – all without risking your own money. This setup makes it easier to expand your trading strategies.
On top of that, many prop firms offer cutting-edge tools, training programs, and resources designed to sharpen your skills and help you make smarter trading decisions. Another big plus? These firms often let traders keep a generous share of their profits, making it a potentially more rewarding option than trading solely with personal funds. For those aiming to grow their potential while keeping risk low, partnering with a prop firm can be a smart move.
