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Forex Prop Firm Reviews 2025: Top Rated Firms Compared for Traders

By Ethan Brooks on October 1, 2025

Forex Prop Firm Reviews 2025: Top Rated Firms Compared for Traders

Forex prop firms in 2025 offer traders access to large trading capital without risking their own money. The key is choosing the right firm based on your trading style, profit-sharing options, and evaluation process. Here’s what you need to know:

  • FTMO: Known for its strict two-step evaluation and scaling up to $2M. However, U.S. traders are no longer accepted.
  • FundedNext: Offers instant funding and up to 95% profit splits. Payouts are fast, but daily loss limits are tight.
  • The Funded Trader (TFT): Provides diverse challenges with funding up to $2.5M. Profit splits reach 95%, but rules can vary by program.
  • The5ers: Focuses on scaling accounts to $4M. Profit splits start at 50% and can reach 100% with consistent performance.
  • Funded Trading Plus: Features instant funding and 80%-100% profit splits. Strict drawdown rules apply.
  • FundingPips: Allows early payouts and offers 100% profit splits for top performers. A 30% daily consistency rule applies.
  • DNA Funded: Broker-backed with low fees and access to 800+ instruments. No scaling plan and a 40% daily profit cap.
  • Atmos Funded: Offers flexible challenges and payouts. Backed by a regulated broker for added security.

Quick Comparison

Firm Profit Split Max Funding Evaluation U.S. Traders Scaling
FTMO 80%-90% $2M 2-Step No Yes (up to $2M)
FundedNext 95%-100% $4M 1-Step, 2-Step, Instant Yes Yes (up to $4M)
The Funded Trader 95% $2.5M 1, 2, or 3-Step Challenges Yes Yes (up to $1.5M)
The5ers 50%-100% $4M 2-Step, Scaling No Yes (to $4M)
Funded Trading Plus 80%-100% $5M 1-Step, 2-Step, Instant Yes Yes (to $5M)
FundingPips 80%-100% $2M 1-Step, 2-Step, Instant No Yes (to $2M)
DNA Funded 80%-90% $600K 1-Step, 2-Step, Rapid Yes No
Atmos Funded 80%-90% $200K 1-Step, 2-Step, Instant No Yes (limited)

When selecting a firm, consider their profit-sharing structure, evaluation process, and funding potential. Each firm has unique strengths and limitations, so align your choice with your trading goals and risk tolerance.

The BEST Prop Firm Tier List (2025)

1. FTMO

FTMO

Important Note for U.S. Traders: As of 2025, FTMO no longer accepts clients from the United States. However, it remains a key player in the industry and serves as a benchmark for other proprietary trading firms.

Founded in 2015 in the Czech Republic, FTMO has made a name for itself by paying out over $450 million in rewards globally. The company has also received recognition, including being named "Best Prop Trading Firm Provider" by FMLS and winning the Technology Fast 50 CE award in both 2022 and 2023.

Funding Programs

FTMO offers two main funding options: the Standard and Aggressive programs. Account sizes range from $10,000 to $200,000. The Standard plan requires traders to hit a 10% profit target while adhering to strict loss limits, whereas the Aggressive plan allows for higher profit targets but comes with looser loss restrictions. Traders on the Standard plan can manage up to $400,000 in combined capital, while the Aggressive plan caps this at $200,000.

FTMO’s Scaling Plan provides an opportunity for traders to increase their account balance by 25% every four months, up to a maximum of $2,000,000, as long as they meet specific performance criteria. The challenge fees, which range from $183 for a $10,000 Standard account to $1,274 for a $200,000 Standard account, are refunded with the first profit payout.

These structured funding options are complemented by FTMO’s competitive profit-sharing model.

Profit Sharing

FTMO starts traders with an 80% profit split, which can increase to 90% through the Scaling Plan. Traders can request withdrawals as soon as 14 days after their first trade, provided their account is profitable. Withdrawals are processed within one to two business days, and FTMO does not charge any fees for these transactions.

"Talented FTMO Traders who meet our Scaling Plan requirements are rewarded with a 25% increase in their FTMO Account balance and a bigger reward of 90%."

To further reduce risk, FTMO refunds the initial challenge fee with the first profit payout. This model reflects FTMO’s focus on disciplined trading, which is reinforced through its rigorous evaluation process.

Evaluation Process

FTMO employs a strict two-step evaluation process to ensure traders demonstrate both discipline and effective risk management before gaining access to a funded account. The process includes:

Phase Profit Target Max Daily Loss Max Total Drawdown Minimum Trading Days
FTMO Challenge 10% 5% 10% 4 days
Verification 5% 5% 10% 4 days
FTMO Trader 5% 10%

There’s no maximum time limit for completing these phases, allowing traders to focus on quality setups rather than rushing through the process. FTMO explains:

"Our FTMO Challenge is the first step of our Evaluation Process. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets."

With about 80% of traders failing to pass these challenges, FTMO has set a high bar for entry.

Trading Technology

FTMO supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and DXTrade, with leverage up to 1:100 for Standard and Aggressive accounts (and 1:30 for Swing accounts). Traders can choose from over 90 instruments, spanning Forex, indices, cryptocurrencies, and commodities, and can select account currencies such as USD, EUR, GBP, CZK, AUD, and CHF.

Expert Advisors (EAs) are allowed but are subject to server activity and order limits. While news trading is permitted during the Challenge and Verification phases, funded traders face restrictions within two minutes before and after major news events – except for those on Swing accounts.

Additionally, FTMO provides educational resources through its FTMO Academy, offering coaching and analytical tools to help traders refine their strategies.

2. FundedNext

FundedNext

FundedNext has built a strong presence in the trading world, managing over 196,500 accounts and paying out more than $178.7 million to over 59,300 traders. In 2024 alone, traders received a total of $85.5 million in payouts. Let’s explore their funding options, profit-sharing structure, evaluation process, and trading technology.

Funding Programs

FundedNext offers a variety of funding programs designed to cater to different trading styles. The Stellar Challenge program provides a straightforward path to funding, with account sizes ranging from $6,000 to $100,000 and refundable fees starting at $59. For traders who want immediate access to trading capital, the Stellar Instant program skips the evaluation phase entirely, offering funding from $5,000 to $25,000 for a minimum fee of $195. Futures traders are also supported through specialized programs using platforms like Tradovate, NinjaTrader, and TradingView, with account sizes available up to $100,000.

As FundedNext puts it:

"FundedNext’s Stellar Instant model is built for traders who want freedom, flexibility, and real rewards without any evaluation or challenge phase."

For beginners or those experimenting with new strategies, the Free Trial program provides a risk-free way to practice. This 14-day trial requires no upfront payment and allows traders to reapply once the trial ends.

Profit Sharing

Once traders are funded, they can take advantage of FundedNext’s generous profit-sharing model. Traders can earn up to 95% of profits for CFDs and 100% for futures trading. Even during the Challenge Phase, traders can earn a 15% performance reward, giving them the opportunity to profit before receiving full funding.

Payouts are guaranteed within 24 hours, with an additional $1,000 compensation if the deadline is missed. This policy was put to the test in 2024 when an operational issue impacted 176 clients. FundedNext responded by providing an additional $176,000 in compensation.

According to the company:

"Every payout is backed by a 24-hour guarantee, with an additional $1,000 compensation if ever delayed. This is not just a promise for marketing."

FundedNext also offers a scaling plan that allows traders to grow their capital allocation up to $4 million – double what some competitors provide. Traders who meet specific performance benchmarks over four consecutive months can see a 40% boost in their trading capital.

Evaluation Process

FundedNext’s evaluation process is tailored to different trader preferences. The Stellar 2-Step Challenge requires traders to hit an 8% profit target in Phase 1 and 5% in Phase 2, while adhering to a 5% daily loss limit and a 10% total drawdown. Each phase must be completed in a minimum of 5 trading days.

For those looking for a faster route, the Stellar 1-Step option condenses the process into a single phase. This model sets a 10% profit target, stricter rules (3% daily loss limit and 6% total drawdown), and requires just 2 trading days. Payouts can be accessed after only 5 days.

If a slower pace is preferred, the Stellar Lite program offers reduced profit targets – 8% in Phase 1 and 4% in Phase 2 – with evaluation fees starting at $32. All evaluation fees are fully refundable upon successful completion, and FundedNext emphasizes transparency with its "No surprise rule changes mid-challenge" policy.

Trading Technology

FundedNext supports a variety of trading platforms for Forex, including MetaTrader 4, MetaTrader 5, cTrader, and Match-Trader. Futures traders can use platforms like Tradovate, NinjaTrader, and TradingView. The firm ensures competitive trading conditions with raw spreads, low commissions, and leverage up to 1:100.

Traders also gain access to the FundedNext Dashboard, which includes essential tools like margin calculators, P/L calculators, and lot size calculators. The platform is designed with bank-grade security and delivers fast execution across all supported instruments. News trading is allowed across all programs, and Expert Advisors are supported under reasonable usage guidelines. FundedNext has earned a strong reputation, holding a Trustpilot rating of 4.6/5 based on 39,433 reviews.

3. The Funded Trader

The Funded Trader

The Funded Trader (TFT) offers seven evaluation challenges designed to suit different trading styles and skill levels. With funding allocations reaching up to $2.5 million and the ability to scale simulated accounts from $600,000 to $1.5 million through consistent performance, TFT provides a range of opportunities for traders looking to secure substantial funding. Let’s take a closer look at their funding programs, profit-sharing model, evaluation process, and trading technology.

Funding Programs

TFT’s evaluation structure is diverse, with unique challenges that cater to various trader profiles. It offers one-phase, two-phase, and three-phase challenges, each tailored to specific needs.

  • Knight Pro Challenge: Features a one-phase evaluation with funding up to $2.5 million. Traders benefit from anytime payouts, balance-based drawdown limits, and support for news trading.
  • Royal Challenge: A two-phase program offering EA (Expert Advisor) support, weekend holding, and no lot size restrictions. It requires a minimum of five trading days per phase.
  • Royal Pro Challenge: Supports news and crypto trading, along with diverse strategies. This challenge allows scaling up to $1.2 million in challenge funds and $600,000 in live accounts.
  • Dragon Challenge: A three-phase program with lower fees, making it an attractive option for beginners.

Traders start with simulated accounts of up to $600,000, with the potential to unlock accounts scaling to $1.5 million based on consistent performance.

Profit Sharing

TFT’s profit-sharing model is designed to reward performance while maintaining sustainability. The VIP program offers profit splits of up to 95% on premium challenges like the Knight Pro and Royal Pro programs. For other programs, the profit splits are structured as follows:

  • 50% during the Challenge phase
  • 45% during the Simulated Funded phase
  • 20% for Instant Funding accounts

The Knight Challenge stands out by allowing traders to withdraw profits just seven days after receiving their funded account. This approach aligns with TFT’s focus on rewarding consistency and disciplined trading.

Evaluation Process

TFT uses a three-phase evaluation process to ensure traders meet its standards:

  1. The Challenge (Phase 1)
  2. The Verification (Phase 2)
  3. The Funded Trader phase (Phase 3)

Traders who successfully complete these stages gain access to simulated funded accounts. Single-phase challenges, such as the Knight Pro and Knight, are ideal for experienced traders who can quickly hit profit targets. Two-phase challenges, like the Royal and Rapid programs, provide a more structured path for proving consistency. For beginners, the three-phase Dragon Challenge offers a gradual learning curve.

Before receiving live funding, traders must pass demo challenges. These evaluations require hitting specific profit targets while adhering to strict risk management rules. Typically, daily losses are capped at 4–5%, and total drawdowns are limited to 5–10%. Any violation of these rules results in disqualification or loss of the funded account.

Trading Technology

TFT supports trading across forex, commodities, indices, and cryptocurrencies. Its platform allows traders to customize their experience by selecting evaluation phases, account types, trading platforms, balance sizes, and optional add-ons.

Key features include balance-based daily drawdown calculations in premium programs like Knight Pro, which help traders manage risk effectively. The platform accommodates various trading styles, from high-frequency news trading to long-term strategies. The Royal Challenge, for example, is specifically designed to support algorithmic trading with EA compatibility and weekend holding.

Program Phases Max Allocation Key Features Best For
Knight Pro 1-Phase $2.5 million Anytime payouts, news trading, low fees Experienced traders seeking quick funding
Royal 2-Phase Not specified EA support, weekend holding, no lot limits Automated strategy traders
Royal Pro Flexible $1.2M challenge / $600K funded News/crypto trading, scaling opportunities Traders with diverse strategies
Dragon 3-Phase Not specified Lower evaluation fees Beginners or budget-conscious traders
Knight 1-Phase Not specified 7-day payout eligibility Traders seeking fast payout access

4. The5ers

The5ers

The5ers employs a structured scaling model that allows traders to grow their accounts from $20,000 to $4,000,000 across eight levels. Founded in 2016, the firm has built a strong reputation, boasting a 4.9/5 rating on Trustpilot. It offers three distinct programs: Bootcamp, Hyper Growth, and High Stakes.

Funding Programs

The5ers’ approach revolves around a scaling system where accounts double as traders meet specific profit targets. Traders start with a $20,000 evaluation account and can progress through eight levels, each requiring a 10% profit to advance.

  • Bootcamp Program: Designed for beginners to showcase their trading skills in a controlled setting.
  • Hyper Growth: A streamlined, single-step evaluation program for experienced traders seeking quicker access to funding.
  • High Stakes: A more traditional two-phase evaluation process that balances thorough assessment with achievable milestones.

The scaling model applies to all programs. For instance, traders begin at Level 1 with $20,000, and upon achieving $2,000 in profit, they advance to Level 2 with $40,000. This progression continues up to Level 8, where traders manage a $4,000,000 account. This approach rewards consistent performance with increased capital.

Program Level Account Balance Profit Target Next Level
Evaluation Trader LV 1 $20,000 $2,000 profit LV 2
Funded Trader LV 2 $40,000 $4,000 profit LV 3
Funded Trader LV 3 $80,000 $8,000 profit LV 4
Funded Trader LV 4 $160,000 $16,000 profit LV 5
Funded Trader LV 5 $320,000 $32,000 profit LV 6
Funded Trader LV 6 $640,000 $64,000 profit LV 7
Funded Trader LV 7 $1,280,000 $128,000 profit LV 8
Funded Trader LV 8 $4,000,000 Maximum level N/A

Next, let’s look at how profit sharing and evaluations work within these programs.

Profit Sharing

The5ers offers profit splits that range from 50% to 100%, improving as traders demonstrate consistency and progress through the levels. Payouts are processed every two weeks, giving traders regular opportunities to earn.

This profit-sharing model is designed to reward strong performance while ensuring sustainability. Higher-level traders typically enjoy better splits, encouraging long-term collaboration and account growth.

Evaluation Process

The evaluation process aligns with The5ers’ funding structure and is available through two distinct programs:

  • High Stakes 2-Step Program: A traditional evaluation method.
    • Step 1: Requires an 8% profit target, with a maximum daily loss of 5% and an overall drawdown limit of 10%. Traders must show profitability on at least 3 days during this step.
    • Step 2: Lowers the profit target to 5% while keeping the same risk parameters.
    • The evaluation starts at $39 for Step 1, and the fee is refunded upon successful completion.

"It is important for traders to know that this kind of program will have a very low passing rate as it encourages high-risk trading."

  • Hyper Growth One-Step Program: A simpler alternative with a single evaluation phase requiring a 10% profit target.
    • Risk rules include a 6% stop-out level and a 3% daily pause limit.
    • No minimum trading days are required, and traders have unlimited time to complete the evaluation.
    • Pricing depends on account size: $260 for $10,000, $450 for $20,000, and $850 for $40,000.

These programs are open to traders aged 18 and older, regardless of experience level. However, The5ers does not provide services in certain regions, including the U.S., due to regulatory restrictions.

Trading Technology

The5ers uses cTrader as its primary trading platform, offering advanced tools for charting, algorithmic trading, and multi-asset management. This platform supports trading across forex, metals, indices, commodities, and cryptocurrencies, providing traders with a wide range of opportunities.

Key features of cTrader include customizable dashboards, in-depth analytics, and API connectivity for automated strategies. Security is a top priority, with bank-grade encryption ensuring trader data and funds remain protected.

"We chose to introduce our programs in the U.S. through the cutting-edge cTrader. By that, we’re ensuring that traders in one of the world’s most dynamic markets gain access to The5ers’ funding model with the same high standards of security, innovation, and flexibility we uphold globally."

After evaluating multiple platforms, The5ers selected cTrader for its advanced functionalities and alignment with the firm’s vision of offering traders a top-tier trading experience.

"After conducting an extensive review of multiple platforms, we selected cTrader as an additional option to enhance our offering for experienced traders. This opens the door to one of the industry’s most advanced trading environments and reflects our vision of providing traders with greater flexibility, innovation, and transparency."

5. Funded Trading Plus

Funded Trading Plus

Funded Trading Plus stands out as a top-tier proprietary trading firm, offering traders personalized funding options and clear-cut risk management rules. Based in London, this firm has earned accolades like "The Most Trusted Trading Firm UK 2025" from The International Business Magazine and "Best Proprietary Trading Firm of the Year UK 2025" from World Business Outlook. As an extension of Trade Room Plus, it boasts a thriving Discord community with over 40,000 members.

The firm’s commitment to excellence is reflected in its 4.7/5 Trustpilot rating, based on 2,456 reviews. Feedback often highlights their reliable service and quick withdrawal process, with most withdrawals completed within 24 hours. CEO Simon Massey reinforces this dedication, stating:

"Our 5 Star Promise isn’t just meaningless words on a page, it’s a reflection of our dedication to providing an exceptional experience. … We are not just a funded trading firm; we’re your partner in success."

Funding Programs

Funded Trading Plus continues to redefine funding opportunities with a variety of programs tailored to different trading styles. They offer five unique programs, all featuring unlimited trading days, as long as traders place at least one trade every 30 days.

  • One-Phase Experienced: This program provides the quickest path to funding, requiring a 10% profit target, a 6% trailing drawdown, and a 4% daily loss limit. Fees range from $119 for a $12,500 account to $949 for a $200,000 account.
  • Two-Phase Programs: Options include Prestige Lite, Advanced, and Premium. Prestige Lite offers a conservative approach with 6% profit targets in both phases and static drawdown rules, starting at $129 for a $25,000 account. The Advanced program has 10% and 5% profit targets in its two phases, with fees ranging from $269 to $579. Meanwhile, the Premium program requires an 8% profit target in the first phase and 5% in the second, with costs between $247 and $547.
  • Instant Master: For those who want to skip evaluations, this program grants immediate access to funded accounts ranging from $5,000 to $100,000. Fees start at $225 for the smallest account and go up to $4,500 for the largest.

All programs allow the use of Expert Advisors and news trading during both evaluation and live phases, with weekend holding permitted in most cases – except for the Advanced and Instant Master programs.

Profit Sharing

Funded Trading Plus offers a rewarding profit-sharing model. Traders start with an 80% profit split, which increases to 90% after reaching 20% profit and eventually hits 100% at 30% profit. For select programs, traders can even upgrade their profit splits to 85% or 90% at checkout.

Withdrawal options are flexible, with cycles every three, five, or seven days. The minimum withdrawal amount is $50, and there are no additional fees beyond standard bank charges. First payouts are processed within 24–48 hours, while subsequent withdrawals are often completed in under 24 hours – some even arriving in as little as three hours.

Evaluation Process

The evaluation process is customized for each program to match varying trading preferences and risk profiles:

Program Phases Profit Targets Daily Loss Max Drawdown Weekend Holding
Experienced 1 10% 4% 6% trailing Yes
Advanced 2 10% & 5% 5% 10% trailing No
Premium 2 8% & 5% 4% 8% trailing Yes
Prestige Lite 2 6% & 6% 6% 6% static Yes
Instant Master 0 None 6% 6% trailing No

The two-phase programs provide a more detailed evaluation process, while the Instant Master program eliminates evaluations entirely. However, Instant Master participants face restrictions, such as no weekend holding and no news trading.

All programs prohibit arbitrage, grid trading, and copy trading across multiple accounts, but traders can still pursue strategies like scalping and algorithmic trading.

Trading Technology

To ensure compliance and secure fund management, Funded Trading Plus partners with ASIC-regulated Eightcap. Traders can access 53 markets across four asset classes, including 37 forex pairs, commodities (like metals and oil), global indices, and four cryptocurrency options.

Supported platforms include cTrader, MetaTrader 4, and MetaTrader 5. Switching platforms costs $25 after initial registration, and cTrader users incur a $25 monthly fee. Expert Advisors are fully supported, provided they steer clear of prohibited methods like arbitrage.

The commission structure is competitive, with $7 per round-turn for forex and commodities, while indices and cryptocurrencies are commission-free. Additionally, Funded Trading Plus offers a scaling plan that allows account growth up to $2.5 million. With enhanced add-ons, accounts can expand to $5 million, triggered by every 10% profit milestone – no minimum time required.

6. FundingPips

FundingPips

FundingPips, which began operations in 2022 and is based in Dubai, UAE, has quickly established itself in the trading world. By 2025, the company has served 1.3 million traders across more than 195 countries and distributed over $145 million in payouts. With a Trustpilot score of 4.5/5 from over 23,000 reviews, FundingPips has gained attention for its flexible funding options, competitive profit-sharing plans, and round-the-clock customer support through various real-time channels. These features put it on par with other leading firms in the industry.

Funding Programs

FundingPips caters to traders of all levels by offering four distinct funding options. Account sizes start at $5,000 and can scale up to $100,000, with potential growth to $2 million. Here’s a closer look at the available programs:

  • Two-Step Pro Program: This is the most affordable option, with fees starting at $29 for a $5,000 account and going up to $259 for a $100,000 account. It requires traders to complete two evaluation phases.
  • One-Step Program: Simplifying the process, this program condenses the evaluation into a single phase. Fees range from $59 to $499.
  • Instant Program: For traders who want immediate access to funded accounts without any evaluation, this option is available at a premium cost of $69 to $499.
  • Zero Program: Designed for seasoned traders, this program skips evaluations entirely and offers a generous 95% profit split.

All programs allow for a wide range of trading strategies, including news trading, weekend holds, scalping, and the use of Expert Advisors. Traders can work across various markets, such as forex, indices, cryptocurrencies, and commodities.

Profit Sharing

FundingPips employs a tiered profit-sharing structure, starting with an 80% profit split for standard accounts, which can increase to 90% as traders hit performance milestones. For top-performing traders, the Hot Seat Program offers an impressive 100% profit split. To qualify, traders must complete 16 payouts and achieve a 40% total profit threshold. Hot Seat participants also enjoy doubled account sizes, up to $2 million, and access to on-demand payouts.

Traders can select payout schedules that suit their needs – weekly, bi-weekly, monthly, or on-demand. Most withdrawals are processed within 1–2 business days, with some Visa or Mastercard withdrawals completed in as little as 30 minutes to 48 hours. The minimum withdrawal is 1% of the initial account balance, and funds can be accessed through bank transfers, cryptocurrency, or the Rise platform. However, a $10 processing fee applies to bank and crypto withdrawals.

Evaluation Process

The evaluation process at FundingPips is designed to accommodate a variety of trading preferences.

  • The Two-Step Pro Program requires traders to complete two phases, each with specific profit targets and drawdown limits.
  • The One-Step Program simplifies this by requiring only a single phase.
  • For those who prefer to skip evaluations entirely, both the Instant Program and Zero Program allow traders to start trading immediately.

Regardless of the program, consistent risk management rules are in place, including daily loss limits and maximum drawdown restrictions. Traders also have access to a dashboard to monitor their progress and ensure compliance with program guidelines. It’s worth noting that FundingPips does not currently accept clients from the United States, Iran, Israel, or Vietnam.

Trading Technology

FundingPips exclusively uses the MetaTrader 5 (MT5) platform, which is known for its advanced charting tools, automated trading capabilities, and real-time market data. Traders have access to a variety of asset classes, including forex pairs, global indices, cryptocurrencies, and commodities. The platform also includes integrated risk management tools and a dedicated dashboard to track drawdown limits and profit targets, helping traders stay aligned with their program requirements.

7. DNA Funded

DNA Funded

DNA Funded stands out among proprietary trading firms with its tailored funding and evaluation models, designed specifically for experienced traders. Recognized as the top proprietary trading firm for 2025 by CBS News, DNA Funded operates under DNA Markets, an ASIC-regulated broker. This partnership gives traders access to over 800 CFD instruments across various asset classes. While the firm’s TU Overall Score of 4.05/10 from Traders Union highlights a higher-than-average risk profile, its robust funding options and competitive fees continue to appeal to seasoned traders.

"DNA Funded’s extensive range of markets includes a broad selection of global equities and indices. In an industry that often prioritizes forex and commodities, DNA Funded addresses the needs of stock traders, providing them with unmatched access in the prop trading space." – Noam Korbl, co-founder of Prop-Firms.com

Funding Programs

DNA Funded offers four distinct funding programs – 1 Phase, 2 Phase, Rapid, and Instant Funding – catering to different trading styles. Traders can manage up to $600,000 in simulated capital through these programs.

  • 1 Phase Challenge: Aims for a 10% profit target with a 5% daily loss limit and 6% maximum total loss. Account sizes range from $5,000 to $200,000, with fees starting at $59 and going up to $1,209.
  • 2 Phase Challenge: Takes a more gradual approach, beginning at $49 for a $5,000 account. Traders must hit a 10% profit target in the first phase and 5% in the second phase, with a 6% daily loss limit and 10% maximum total loss.
  • Rapid Challenge: Condenses the evaluation into just 10 days, requiring a 5% profit target, 4% daily loss limit, and 5% maximum total loss. This program starts at $99 for a $10,000 account.
  • Instant Funding: Skips the evaluation process entirely, with fees ranging from $199 for a $5,000 account to $979 for a $50,000 account. However, trading conditions are more restrictive.

Each program requires a minimum of 3 trading days. Weekend holding is allowed for the 1 Phase and 2 Phase challenges but not for Rapid or Instant Funding programs. These diverse offerings provide flexibility for traders with varying strategies and risk appetites.

Profit Sharing

Traders with DNA Funded enjoy an 80/20 profit split by default. For those seeking a larger share, the Profit Split Booster increases the trader’s share to 90%, though it comes at an additional cost of 20% of the challenge fee. Payouts are processed every 14 days, but an Early Payout Booster reduces this to 7 days for an extra 20% fee. A combined discount option is available for the Rapid Challenge at 10% off.

A notable feature of DNA Funded’s profit-sharing structure is the 40% daily profit cap. This means traders can only claim up to 40% of their total payout goal in a single day, with any excess not counted toward their payout. However, this cap is lifted after three payouts. Withdrawals are processed within 1–4 business days without fees, but traders must complete at least 14 days of live trading with a positive balance before their first payout.

Evaluation Process

DNA Funded’s evaluation system includes three challenge types: One-Phase, Two-Phase, and Rapid Challenge. Each requires a minimum of 3 trading days to complete. While the One-Phase and Two-Phase challenges have no maximum time limit, the Rapid Challenge must be completed within 10 calendar days.

A 40% daily profit cap applies during evaluations to promote consistent trading practices.

"Consistency rules aren’t just about avoiding oversized trades, they’re used by firms as a metric to assess whether a strategy is scalable and risk-adjusted over time. The top firms now analyze day-to-day profit distribution to flag strategies that may be over-leveraged or dependent on short-term volatility spikes." – Noam Korbl, co-founder, BestPropFirms

Traders face certain restrictions during evaluations. For example, opening or closing trades within 10 minutes of major market announcements is prohibited. Copy trading is allowed only between a trader’s own DNA Funded accounts, and automated trading systems are permitted. While positions can be held overnight and over weekends in the One-Phase and Two-Phase challenges, this is not allowed in the Rapid Challenge. Cryptocurrency trading is also limited to the One-Phase and Two-Phase challenges. Exceeding the maximum overall loss limit results in immediate account termination.

Trading Technology

DNA Funded exclusively uses the TradeLocker platform, offering a sleek, modern interface equipped with features designed for today’s trading demands. The platform provides access to a wide range of instruments, including forex, commodities, indices, stocks, and cryptocurrencies.

Leverage options vary by program: 1:30 leverage is available for 1 Phase, Rapid, and Instant Funding accounts, while 2 Phase accounts benefit from 1:50 leverage. TradeLocker’s integration with DNA Funded’s risk management systems ensures real-time monitoring of drawdown limits and profit targets, aligning with the firm’s focus on controlled risk. However, traders accustomed to MetaTrader platforms may find TradeLocker’s exclusivity limiting.

8. Atmos Funded

Atmos Funded

Atmos Funded stands out in the proprietary trading world by combining broker-backed stability with transparent operations. Unlike many independent prop firms, Atmos Funded operates under the umbrella of Taurex, a well-regulated broker. This partnership adds an extra layer of security and reliability for traders. The firm reflects the industry’s growing focus on trader-friendly, risk-conscious funding models. With a 4.5-star rating on Trustpilot and a reputation for quick payouts, Atmos Funded has gained significant recognition. Let’s dive into their funding options and evaluation process.

"Atmos is currently one of the most trustworthy prop firms in the industry. What really stands out is that it’s backed and operated by Taurex, a well-known regulated broker – that adds a whole new level of transparency and reliability. Great structure, great execution, and a solid future ahead."
– Yasmin, Trader

The company goes beyond just funding. CEO Nick Cooke actively connects with trading communities worldwide. During a seminar in Thailand, he shared:

"We see Thailand and Southeast Asia as a region of significant importance for the trading world. We recognise the skill and potential of Thai traders, and this seminar reflects our commitment to engaging with the local community, sharing knowledge, and supporting their growth in professional trading."

Funding Programs

Atmos Funded offers three distinct funding options tailored to different trading styles: the 1‑Phase and 2‑Phase Challenges for evaluation-based funding, and an Instant Funding option for immediate access.

  • 1‑Phase Challenge: This requires a 10% profit target with a 3% trailing daily drawdown and 6% trailing maximum drawdown. Account sizes range from $5,000 to $200,000, with fees between $63 and $1,020.
  • 2‑Phase Challenge: Traders must achieve 10% profit in Phase 1 and 5% in Phase 2, with fixed drawdown limits of 5% daily and 10% maximum loss. Pricing starts at $59 for a $5,000 account and goes up to $899 for a $200,000 account.
  • Instant Funding: This skips the evaluation process entirely. Fees range from $135 for a $5,000 account to $1,348.65 for a $100,000 account, with a 90/10 profit split.

A unique aspect of these programs is the unlimited time allowed to complete challenges, though traders must trade for at least three days to ensure a fair evaluation.

Profit Sharing

Atmos Funded offers an attractive profit-sharing model, starting at 80% and scaling up to 90% based on performance. Traders can request payouts every 14 days, with a $100 minimum withdrawal. Payments are processed within 24–48 hours and can be made via bank wire, cryptocurrency, or local payment methods. Additionally, traders can transfer payouts directly to their Taurex trading account, earning a 10% deposit bonus.

The firm also rewards consistent traders through its VIP status program. After maintaining an active funded account for four months, completing four payouts, and achieving at least 4% profit, traders unlock benefits like a 90/10 profit split, higher capital allocations, and free challenge opportunities.

Evaluation Process

Atmos Funded’s evaluation system is designed to promote discipline and risk management, reflecting the high standards of top prop firms. Both the 1‑Phase and 2‑Phase Challenges allow unlimited time for completion, with a minimum of three trading days required.

  • 1‑Phase Challenge: Features a trailing drawdown system – 3% daily and 6% maximum loss – offering flexibility as account equity grows.
  • 2‑Phase Challenge: Enforces fixed drawdown rules of 5% daily and 10% maximum loss across both phases.

Traders enjoy flexibility during evaluations, with support for strategies like scalping, overnight holding, and weekend trading. However, some activities are prohibited, such as copy trading, Martingale or grid systems, high-frequency trading, and latency arbitrage. All trades must include stop-losses, and news trading restrictions apply once traders are funded.

The firm also offers a scaling plan, reviewing funded accounts every three months. Consistently profitable traders who adhere to drawdown rules can see their capital increase by up to 50%. After three successful payouts, traders may qualify for live Taurex accounts or even signal provider status.

Trading Technology

Atmos Funded enhances its offerings with advanced trading technology. Traders can choose from multiple platforms, including MetaTrader 4, MetaTrader 5, cTrader, and Match‑Trader. The firm supports a wide range of tradable assets, such as forex pairs (major, minor, and exotic), global indices, precious metals, and cryptocurrencies. Leverage varies by asset class: up to 1:30 for forex, 1:10 for metals and indices, and 1:5 for oils on challenge accounts.

The technology integrates real-time risk management systems to monitor drawdowns and profit targets. MetaTrader platforms provide extensive analysis tools and compatibility with Expert Advisors, cTrader offers advanced order management, and Match‑Trader delivers a sleek interface with powerful charting features.

Atmos Funded also runs promotions, offering discounts of up to 40% on challenge fees through various codes.

Advantages and Disadvantages

Here’s a breakdown of the key strengths and challenges for each firm:

FTMO has built a strong reputation with its rigorous evaluation process and extensive educational materials. These features make it appealing to serious traders. However, the Aggressive account type comes with higher fees, and the firm’s strict scaling criteria may be a hurdle for some.

FundedNext is known for its fast payouts and flexibility. A standout feature is the 120% fee refund on the first profit withdrawal. On the flip side, traders must navigate strict daily loss limits and may encounter platform fees on certain trading platforms.

The Funded Trader offers funding of up to $600,000 and competitive profit splits without requiring monthly fees. While its flexible funding options attract traders seeking larger capital, the varying consistency rules – 50% during challenge phases and 20% for instant funding – can complicate strategic planning.

The5ers impresses with scaling potential, offering account sizes up to $4,000,000 and profit splits as high as 100%. Its diverse challenge options cater to different risk levels. However, the lack of spread transparency and a $150 minimum withdrawal fee might deter some traders.

Funded Trading Plus appeals to traders with its instant funding option, support for cryptocurrency trading, and high Trustpilot ratings. That said, the instant funding option comes with higher fees, and the strict 3% daily drawdown rule may limit traders with more aggressive strategies.

FundingPips offers early payout access, allowing withdrawals as soon as seven days after the first trade, with processing times of 1–3 business days. It also provides profit splits of up to 100%. The downside? A 30% consistency rule limits the contribution of any single day’s profits, which might restrict certain trading styles.

DNA Funded operates as a broker-backed firm, offering low commission costs and access to over 800 tradable assets. Its integration with TradingView enhances the trading experience. However, it lacks a scaling plan, and the 40% daily profit cap restricts large single-day gains.

Atmos Funded has limited publicly available data. It’s important to seek updated details about its evaluation process and trading conditions before making any decisions.

The table below summarizes the advantages and challenges of each firm:

Firm Key Advantages Key Disadvantages
FTMO Strong reputation, robust education, automatic scaling Higher fees for Aggressive accounts, strict scaling criteria, no fee refunds
FundedNext 120% fee refund, competitive profit split Strict daily loss limits, platform fees on certain platforms
The Funded Trader Funding up to $600K, no monthly fees, flexible options Varying consistency rules, complex evaluation structure
The5ers Scaling potential up to $4M, profit splits up to 100%, diverse challenges Limited spread transparency, $150 minimum withdrawal fee
Funded Trading Plus Instant funding, crypto trading, high Trustpilot rating Higher fees for instant funding, strict 3% daily drawdown
FundingPips Early payouts (7 days), profit splits up to 100% Enforces a 30% consistency rule
DNA Funded Broker-backed, low commission, 800+ assets, TradingView integration No scaling plan, 40% daily profit cap, limited MetaTrader access
Atmos Funded Limited verified information available Insufficient public data for full evaluation

The average pass rate for challenges across prop firms hovers around 5%. This underscores the importance of preparation and realistic expectations when attempting these challenges.

"Consistency rules aren’t just about avoiding oversized trades, they’re used by firms as a metric to assess whether a strategy is scalable and risk-adjusted over time. The top firms now analyze day-to-day profit distribution to flag strategies that may be over-leveraged or dependent on short-term volatility spikes."
– Noam Korbl, Co-founder, BestPropFirms

For experienced traders looking to bypass evaluations, instant funding options can be a practical choice. However, these come with higher fees and stricter rules. It’s crucial to develop strategies that align with firm guidelines and demonstrate long-term potential, as firms increasingly assess daily profit distribution to identify scalable approaches. This overview sets the groundwork for deeper insights into selecting the right prop firm.

Final Thoughts

Picking the right Forex prop firm means thinking about your trading style, how much risk you’re comfortable with, and what you want to achieve in the long run. Each firm we’ve reviewed – whether it’s FTMO with its challenging evaluation process or FundingPips with its potential for 100% profit splits – caters to different types of traders. This summary highlights the unique strengths of these firms.

For U.S. traders, reliability and transparency are key. Trustpilot ratings offer some insight: FTMO holds an impressive 4.8/5 rating from over 20,800 reviews, while The5ers slightly edges ahead with a 4.9/5 from 14,257 reviews. These ratings reflect the trust and satisfaction of their trader communities.

When choosing a firm, think about your financial needs and trading preferences. If scaling your account size is a priority, The5ers provides opportunities to grow accounts up to $4,000,000. On the other hand, FundedNext offers instant funding options, which can be appealing, though these come with stricter requirements. For traders aiming to maximize their earnings, FundingPips stands out with the possibility of 100% profit splits – provided you meet their specific performance standards.

Technology is another factor that can influence your success in prop trading. A dependable VPS (Virtual Private Server) setup can reduce latency and slippage, which is especially important during volatile market conditions. FTMO, for example, supports VPS compatibility, ensuring stable execution during critical moments like high-impact news events. This kind of tech support complements their rigorous evaluation process, giving traders an edge.

Success in prop trading often depends on consistency rather than quick wins. Firms are increasingly focused on traders who can demonstrate steady performance over time, analyzing daily profit patterns to identify those with scalable strategies. Developing a disciplined and consistent approach that aligns with a firm’s rules is crucial.

Beyond funding options and performance benchmarks, due diligence is essential. Before committing to any prop firm, check their regulatory status and read up-to-date reviews from other traders. The industry has its share of both reputable firms and questionable operators, so it’s worth taking the time to investigate. Starting with a smaller account can be a smart way to test a firm’s payout reliability and customer support before committing more capital. Also, keep in mind that payouts from international firms may have tax implications. Consult a tax professional to ensure you’re meeting U.S. tax requirements and reporting everything correctly.

FAQs

What should I look for when selecting a Forex prop trading firm in 2025?

When choosing a Forex prop trading firm in 2025, it’s important to pay close attention to transparency, reputation, and regulatory compliance. These elements are key to ensuring you’re working with a firm that operates responsibly and adheres to industry standards.

Take a closer look at the firm’s funding programs and profit-sharing models – some firms offer splits as high as 80%–90%, which can make a big difference in your earnings. Evaluate their assessment process and any fees involved to ensure they are reasonable and clearly outlined. Additionally, check the quality of their trading platforms, payout systems, and whether they support automated trading strategies. It’s crucial to find a firm that matches your trading approach and provides the tools and resources you need to succeed.

By keeping these factors in mind, you can select a firm that not only provides the capital you require but also creates an environment where you can pursue your trading goals with confidence.

What are the key differences in the evaluation processes of top forex prop firms discussed in the article?

The evaluation methods used by leading forex prop firms in 2025 aim to gauge a trader’s skill, discipline, and ability to maintain consistent results. Most firms rely on a two-phase system to assess candidates. In the first phase, traders are required to hit specific profit targets while strictly adhering to risk management rules. The second phase typically focuses on confirming their ability to sustain consistent performance over an extended period.

These evaluations often come with clear rules, such as limits on daily losses or overall drawdowns, ensuring traders prioritize managing risk. Some firms also establish profit-sharing benchmarks or set deadlines for completing the evaluation. The overarching objective is to identify traders who can achieve steady and responsible trading outcomes while keeping risk under control.

What are the pros and cons of using instant funding with prop firms?

Instant funding through prop firms offers traders a way to access trading capital quickly, bypassing the usual long approval processes. This can be a major benefit for seasoned traders looking to act on market opportunities without hesitation.

That said, there are some trade-offs to consider. These programs often involve higher fees or less favorable profit-sharing arrangements. On top of that, traders are typically required to adhere to strict performance rules. Failing to meet these guidelines can lead to disqualification, adding an extra layer of pressure.

For traders who are confident in their abilities and need immediate access to funds, instant funding could be an effective option. However, it’s essential to carefully evaluate the associated costs and requirements before diving in.

Related Blog Posts

E

Ethan Brooks

October 1, 2025

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