Prop trading firms provide capital to skilled traders in exchange for a share of the profits. FTMO has been a leader in this space, offering up to $200,000 in funding with an 80%-90% profit split. However, in 2025, the landscape has shifted significantly, especially with FTMO no longer accepting U.S. traders due to regulatory restrictions. This has opened the door for other firms to attract traders with better profit splits, faster payouts, and more flexible rules.
Key highlights:
- Many firms now offer profit splits up to 100%, surpassing FTMO’s typical 80%-90%.
- Features like instant funding, same-day withdrawals, and no time limits on evaluations are in demand.
- U.S. traders are gravitating toward firms operating within clear legal frameworks.
Here are 12 firms reshaping the industry in 2025:
- FundingPips: Instant funding, up to $300,000, fast payouts.
- FundedNext: Flexible models, up to 100% profit splits, quick payouts.
- The5ers: Long-term growth focus, monthly payouts.
- GoatFundedTrader: Promising instant funding (details pending).
- E8 Markets: Unlimited trading periods, up to 100% profit splits.
- Alpha Capital Group: Low-cost entry, up to $450,000 scaling.
- City Traders Imperium: UK-based, weekly payouts.
- The Funded Trader: Quick payouts, 15% profit share during evaluation.
- Top One Trader: Instant funding without evaluations.
- Blueberry Funded: Low fees, up to $400,000 scaling.
- FXIFY: Instant payouts, $4M scaling, 125% fee refund on first payout.
- Funded Trading Plus: Multiple evaluation options tailored to traders.
Quick Comparison
| Firm | Key Features | Max Funding | Profit Split | Payout Speed |
|---|---|---|---|---|
| FundingPips | Instant funding, fast payouts | $300,000 | Up to 90% | Fastest in industry |
| FundedNext | Flexible models, 100% splits | Varies | 80%-100% | 5 days to bi-weekly |
| The5ers | Long-term growth focus | Varies | Scaled | Monthly |
| E8 Markets | Unlimited trading periods | $2.4M | 80%-100% | On-demand |
| Alpha Capital Group | Low-cost entry, scaling to $450k | $450,000 | 80%-90% | N/A |
| FXIFY | $4M scaling, 125% fee refund | $4M | Up to 90% | Instant |
These firms cater to a range of trading styles, offering better flexibility and payout structures than traditional options. Whether you’re looking for instant funding or long-term growth, there’s a firm here for you.
BEST PROP FIRM OF 2025 | 50 Prop Firms Compared.
1. FundingPips
FundingPips provides traders with fast access to funded accounts by skipping the traditional, time-consuming evaluation processes. Their platform is built with traders in mind, leveraging the expertise of seasoned professionals to create a seamless experience.
Evaluation and Challenge Models
Unlike many firms, FundingPips uses an instant funding model, allowing experienced traders to access capital without enduring lengthy challenges. They offer simulated funding of up to $300,000 and provide a variety of account sizes with straightforward drawdown rules. Traders can work with a wide range of instruments, including Crypto, Energy, FX, Indices, and Metals.
Payout Speed
Speedy payouts are a key feature of FundingPips, ensuring traders maintain steady cash flow. The firm boasts impressive ratings across various platforms: 4.9/5 on Myfxbook (17 reviews), 4.3/5 on Prop Firm Match (760 reviews), and 4.5/5 on The Trusted Prop (1,347 reviews).
With its focus on immediate funding, user-friendly systems, and fast payouts, FundingPips stands out as a top choice for active traders aiming to maximize profits. Up next, we’ll take a closer look at FundedNext, another firm making waves with its trader-focused approach and instant funding options.
2. FundedNext
FundedNext stands out in the realm of instant funding solutions, offering a variety of challenge models to cater to different trading preferences. With competitive profit splits and trader-friendly policies, FundedNext provides flexibility and attractive rewards. Profit splits range from 80–90%, with the Stellar Lite program offering up to 95%, and FundedNext Futures boasting a 100% split. Here’s a closer look at their profit-sharing structures and challenge models.
Profit Splits
The Stellar Lite program doesn’t provide profit sharing during the challenge phase, but once traders are funded, they enjoy an impressive 95% profit split. On the other hand, the Stellar One Step and Stellar Two Step models offer a 15% profit share during the challenge phase, while still maintaining competitive splits after funding.
Evaluation and Challenge Models
FundedNext offers three tailored challenge pathways, each designed to align with different trading styles and risk levels:
- Stellar One Step: This single-phase evaluation requires traders to hit a 10% profit target, with a 3% daily loss limit and a 6% overall drawdown. It’s an excellent choice for those seeking quicker access to funding.
- Stellar Two Step: A two-phase model with an 8% profit target in Phase 1 and a 5% target in Phase 2. It comes with a 5% daily loss limit and a 10% overall drawdown, appealing to those who prefer a more structured and gradual evaluation process.
- Stellar Lite: Starting at just $32, this model requires traders to meet an 8% profit target in Phase 1 and 4% in Phase 2. With a 4% daily loss limit and an 8% overall drawdown, it skips profit sharing during the challenge but rewards a 95% split once funded.
| Challenge Type | Profit Target | Daily Loss Limit | Overall Loss Limit | Profit Share During Challenge | Challenge Fee Range |
|---|---|---|---|---|---|
| Stellar One Step | 10% | 3% | 6% | 15% | $32–$1,099 |
| Stellar Two Step | 8% (Phase 1), 5% (Phase 2) | 5% | 10% | 15% | $32–$1,099 |
| Stellar Lite | 8% (Phase 1), 4% (Phase 2) | 4% | 8% | 0% | Starting at $32 |
Payout Speed
When it comes to payouts, FundedNext ensures traders are rewarded promptly:
- Stellar One Step: Payouts are processed within 5 days after funding.
- Stellar Two Step & Stellar Lite: These models follow a bi-weekly payout schedule.
- FundedNext Futures: Traders receive profits within 24 hours after qualification.
- Standard Forex Accounts: Payouts are processed every 14 days, but an add-on option allows for a 7-day payout cycle.
FundedNext has earned high praise from its users, boasting a 4.6/5 rating on TrustPilot and a 4.4/5 score from 576 reviews on Prop Firm Match. These ratings highlight its reliability and user satisfaction.
3. The5ers
The5ers takes a unique approach by focusing on long-term trader development rather than quick, challenge-based evaluations. This makes it particularly appealing for swing and position traders who prefer a steady and measured path to growth. Let’s break down what sets The5ers apart in terms of profit sharing, evaluation methods, scaling opportunities, and payouts.
Profit Split Percentages
The5ers rewards consistency. As traders demonstrate ongoing success, their share of profits grows. On top of that, the firm offers account scaling opportunities, incentivizing traders who manage risk effectively and grow their accounts over time.
Evaluation and Challenge Models
The5ers replaces the typical two-phase challenge with a Bootcamp model that spans several months. Traders start with a smaller account and work toward full funding by proving they can maintain profitability over time. Instead of imposing daily loss limits, the program sets broader performance targets and risk parameters, giving traders more flexibility – especially those who prefer holding positions for days or even weeks. This makes it a standout option for those looking for alternatives to more rigid funding models.
Account Scaling Potential
Accounts grow based on periodic evaluations of a trader’s profitability and risk management. The more consistently a trader performs, the more their account is scaled.
Payout Speed
Payouts are processed monthly, with funds typically available shortly after the month ends. For urgent needs, traders can request emergency withdrawals, though these may come with additional processing fees. The5ers also keeps its minimum payout threshold relatively low and supports payments via both bank transfers and digital platforms, making the process straightforward and accessible.
4. GoatFundedTrader
GoatFundedTrader is a newer name in the world of prop trading firms. As it stands, the company is still refining its offerings. Key details, such as funding terms and payout timelines, have not yet been fully disclosed.
Instant Funding Option
There’s speculation that GoatFundedTrader might introduce an instant funding option tailored for experienced traders. If true, this could allow traders to skip lengthy evaluation phases and start trading right away. However, specifics about eligibility criteria, fees, and other requirements have not been confirmed.
Payout Speed
Information about payout speed and conditions is also unavailable at the moment. While many firms in the industry are moving toward quicker payout processes, GoatFundedTrader has yet to share any concrete details about its approach.
For now, traders interested in GoatFundedTrader should reach out directly to the company for the latest updates on funding terms and payout policies. As with any new firm, these features are likely to evolve over time.
5. E8 Markets
E8 Markets has established itself as a go-to forex prop firm thanks to its straightforward evaluation process and fast payouts. For traders who appreciate a no-nonsense approach and steady account growth, it’s an attractive choice.
Profit Split Percentages
E8 Markets offers a profit-sharing model that starts at 80% for newly funded traders. What’s even better? This percentage can climb to 100% for those who consistently perform well. It’s a system designed to reward skill and dedication as traders grow their accounts.
Account Scaling Potential
Traders have the chance to scale their accounts significantly, with a maximum allocation of $2.4 million. The firm’s scaling plan increases account sizes gradually, based on trading performance. This gives traders the opportunity to manage larger amounts of capital over time.
Evaluation and Challenge Models
E8 Markets keeps things simple with its evaluation process. Traders can choose from 1- to 3-step challenges, and there are no time limits to complete them. With a maximum drawdown of 14%, the process strikes a balance between flexibility and risk management.
Payout Speed
One of E8 Markets’ standout features is its on-demand payouts. This means traders can access their earnings quickly, without being tied to strict payout schedules. It’s a level of transparency and efficiency that traders appreciate.
| Feature | E8 Markets Details |
|---|---|
| Starting Capital | $10,000 – $200,000 |
| Profit Split | 80-90% (up to 100%) |
| Evaluation Price | $199 – $999 |
| Trading Period | Unlimited |
| Max Drawdown | 14% |
| Payouts | On-demand |
6. Alpha Capital Group
Alpha Capital Group stands out in the trading world with its focus on clear processes and adaptable trading opportunities. Operating out of the UK for the past four years, the firm has gained a solid reputation among traders looking for competitive terms and reliable support.
Profit Split Percentages
One of the key highlights of Alpha Capital Group is its profit-sharing structure, offering traders splits ranging from 80% to 90%. With the potential to earn up to 90% of profits, traders are positioned to maximize their earnings. The firm’s approach has resonated well, earning it a 4.4 out of 5-star rating from 741 reviews on Prop Firm Match. This feedback reflects the positive reception of its profit distribution model and overall trading environment.
Evaluation and Challenge Models
Alpha Capital Group provides accessible entry points for traders, with evaluation challenges starting at just $40.00, and a 15% discount available. The evaluation process covers a variety of asset classes, including Energy, FX, Indices, and Metals. This broad range allows traders to focus on the markets that align with their strengths and strategies.
Account Scaling Potential
Alpha Capital Group also supports long-term growth through scalable account allocations. Traders can access a maximum allocation of $400,000 for standard trading accounts. For those trading futures, the firm’s Alpha Futures division extends allocations up to $450,000. This structure is designed to reward consistent performance, giving traders the opportunity to grow their capital over time.
| Feature | Alpha Capital Group |
|---|---|
| Starting Capital | Various account sizes available |
| Profit Split | 80% – 90% |
| Evaluation Price | From $40.00 (with 15% discount) |
| Max Allocation | $400,000 (Standard) / $450,000 (Futures) |
| Trading Assets | Energy, FX, Indices, Metals |
| User Rating | 4.4/5 (741 reviews) |
7. City Traders Imperium
City Traders Imperium, a proprietary trading firm based in the UK, provides funded accounts and educational programs for traders. However, specifics about their evaluation process, challenge structures, and account scaling opportunities are not publicly available.
Next, let’s explore The Funded Trader and its unique approach to trader funding.
8. The Funded Trader
The Funded Trader (TFT) sets itself apart with an efficient evaluation process and quick payout timelines. Like City Traders Imperium, TFT focuses on providing traders with a straightforward path to funded accounts.
Evaluation and Challenge Models
TFT offers various evaluation options, including the Stellar 1-Step Challenge. However, traders must strictly follow the platform’s rules – any violations can lead to account termination.
Profit Split Percentages
During the evaluation stage, traders can earn a 15% profit share on their performance.
Payout Speed
TFT allows traders to receive their first payout just 21 days after their initial trade. After that, payouts are processed every 14 days – or every 5 business days for those participating in the Stellar 1-Step Challenge.
9. Top One Trader
Top One Trader provides a unique opportunity for traders by offering instant funding without the need for a traditional evaluation process. This means skilled traders can start trading with real capital right away, as long as they meet the necessary criteria. It’s a great option for those who want to jump into the market quickly and avoid unnecessary delays.
10. Blueberry Funded
Blueberry Funded has positioned itself as an attractive option for modern forex traders by offering accessible and flexible trading opportunities. With a focus on affordability and variety, the firm appeals to traders looking for budget-friendly entry points and diverse markets to explore.
One standout feature is the firm’s low evaluation fee, priced at just $28.00 (down from $35). To make trading even more accessible, Blueberry Funded frequently runs promotions, offering discounts of 20% and 30%.
Evaluation and Challenge Models
Blueberry Funded uses a straightforward 2-step evaluation program designed to accommodate different trading styles. Traders can access a wide range of assets, including forex, crypto, indices, metals, and commodities. This flexibility enables traders to implement their preferred strategies across multiple markets. The evaluation process is structured to seamlessly transition successful traders into opportunities for scaling their accounts.
Account Scaling Potential
Traders who demonstrate consistent profitability can benefit from Blueberry Funded’s generous scaling options. The firm offers a maximum capital allocation of up to $400,000, providing a pathway for traders to grow their accounts as they prove their skills. This scalability rewards success and encourages long-term growth.
Ratings and Reviews
Blueberry Funded has garnered solid feedback from traders. On Prop Firm Match, it holds a rating of 3.9/5 based on 125 reviews. Meanwhile, on The Trusted Prop platform, it has a rating of 3.7/5 from 1,103 users. These ratings reflect a generally positive reception to the firm’s affordable pricing and diverse trading options.
With its low costs, broad asset selection, and high capital cap, Blueberry Funded stands out as a compelling choice for prop traders looking to grow their trading careers.
11. FXIFY
FXIFY has earned recognition from Benzinga as the "Best for Experienced Traders". Known for catering to seasoned traders, it’s available at a price of $50.15 (down from $59). With endorsements from over 446 users, let’s dive into what makes this platform stand out.
Profit Split Percentages
FXIFY provides traders with profit splits of up to 90% and sweetens the deal by refunding 125% of the assessment fees on their first payout. This setup is designed to help experienced traders maximize their earnings.
Evaluation and Challenge Models
The platform adopts trader-friendly policies, including no consistency rules and unlimited trading days. Partnering with FXPIG, it offers access to a variety of markets through MT4 and MT5. Plus, traders can request their first payout right after their initial profitable trade.
Account Scaling Potential
Traders can start with funding of up to $400K, with the possibility to scale up to $4M. This scaling feature gives traders the opportunity to grow their capital as they demonstrate consistent success.
Payout Speed and Additional Features
FXIFY stands out with its instant payout system, eliminating the typical 2–4 week waiting period seen elsewhere. Additional perks include commission-free trading, tight spreads, customizable leverage, advanced EA support, Trading Central resources, and a real-time trading dashboard. These features make it a comprehensive platform for experienced traders.
12. Funded Trading Plus
Funded Trading Plus offers traders the opportunity to access funded accounts through a range of evaluation programs tailored to suit different trading styles. These programs allow traders to demonstrate their skills and discipline while choosing a path that aligns with their specific strategies. Below is a table highlighting the main differences between these options for easy comparison.
Feature Comparison Table
The table below provides an overview of trading platforms and payout speeds for various firms, summarizing the key takeaways from our reviews.
| Firm | Trading Platforms | Payout Speed |
|---|---|---|
| FundingPips | N/A | One of the fastest in the industry |
| FundedNext | MT4, MT5, cTrader, TradingView | 1-Step: 5 days; 2-Step/Lite: 21 days, then bi-weekly |
| The5ers | MT5, MatchTrader | Bi-weekly |
| GoatFundedTrader | N/A | N/A |
| E8 Markets | N/A | N/A |
| Alpha Capital Group | N/A | N/A |
| City Traders Imperium | MT4, MT5, Match-Trader | Weekly |
| The Funded Trader | MT4 | N/A |
| Top One Trader | N/A | N/A |
| Blueberry Funded | N/A | N/A |
| FXIFY | N/A | N/A |
| Funded Trading Plus | N/A | N/A |
Key Differences to Consider
From the table, it’s clear that payout speed varies significantly between firms. FundedNext stands out with its quick 5-day payouts in the Stellar 1-Step program, while City Traders Imperium offers a weekly payout schedule. The5ers follows a bi-weekly payout system.
When it comes to trading platforms, FundedNext provides a broader range, including TradingView alongside MT4, MT5, and cTrader. Meanwhile, City Traders Imperium supports MT4, MT5, and Match-Trader, giving traders more options. For other firms, platforms are either not specified or marked as N/A.
Be sure to confirm both platform compatibility and payout policies to ensure the firm aligns with your trading goals.
Conclusion
When exploring prop trading opportunities in 2025, don’t overlook the importance of a solid technological setup. The trading world is evolving rapidly, and staying ahead means having the right tools to handle fast-paced, automated strategies.
A dependable VPS hosting service ensures your trades execute smoothly with minimal delays. This kind of stability is crucial as the industry leans further into advanced trading methods. Make sure to test your platforms and verify that your infrastructure can handle the demands of dynamic markets. A strong VPS setup can be the difference between seamless trading and missed opportunities.
For traders focused on futures and forex, combining a well-thought-out strategy with reliable technology is key. Services like QuantVPS, offering ultra-low latency and a 100% uptime guarantee, provide the technical edge needed to stay competitive. By aligning your trading goals with a dependable technology foundation, you set yourself up for consistent success in the ever-changing prop trading landscape.
FAQs
How do new prop trading firms compare to FTMO in terms of profit splits and evaluation processes?
New prop trading firms in 2025 are making waves by offering profit splits as high as 95%, surpassing the standard rates provided by FTMO. Many of these firms also introduce more flexible evaluation methods, such as one-step challenges or instant funding options, which accommodate various trading approaches.
On the other hand, FTMO sticks to its structured and traditional evaluation model, which might feel less appealing to traders looking for faster access to funded accounts or fewer restrictions.
Why did FTMO stop accepting U.S. traders, and how are other firms navigating regulatory requirements?
FTMO stopped working with U.S. traders mainly because of the strict regulatory demands and compliance issues tied to U.S. financial authorities like the CFTC and SEC. On top of that, MetaQuotes recently imposed restrictions on funded trading accounts for U.S.-based traders, which further influenced this decision.
Meanwhile, other proprietary trading firms are taking a different approach by adjusting their operations to fit U.S. regulations. They’re introducing clear evaluation systems and customized options designed specifically for U.S. traders, all while staying within the boundaries of regulatory requirements.
What should traders look for when comparing payout speeds and funding models of prop trading firms?
When looking at prop trading firms, it’s crucial to weigh factors like payout speeds and funding models. Some firms cut to the chase with instant funding, granting access to live accounts right away. Others require traders to complete challenges or evaluations before unlocking live accounts. Payout speeds also vary – some firms process payouts the same day, while others take 1-3 business days. Knowing these details can save you from surprises later.
Another important consideration is the profit split. These splits can range dramatically, from as low as 15% to as high as 95% in the trader’s favor. You’ll also want to think about payout frequency. Some firms offer on-demand payouts, while others stick to a schedule – weekly, bi-weekly, or monthly. Taking the time to assess these factors will help you pick a firm that fits your trading style and financial needs.
