Futures prop trading firms let you trade with capital ranging from $25,000 to $300,000 (or more) without using your own funds. You keep 50% to 90% of profits, depending on the firm. These firms provide tools, platforms, and mentorship to help traders succeed, but each has unique features, funding models, and rules.
Quick Overview:
- Capital Access: $25,000–$300,000+
- Profit Splits: 50%–90% (some offer 100% on initial profits)
- Evaluation: Pass a trading test to qualify (fees range from $49–$5,000).
- Key Benefits: No personal capital at risk, advanced tools, and risk management support.
- Top Firms: DNA Funded, TradeDay, Earn2Trade, Topstep, FundedNext, The Trading Pit, LMI, My Funded Futures, Apex Trader Funding.
Quick Comparison Table:
| Firm | Capital Range | Profit Split | Evaluation Fee Range | Platforms Supported | Special Features |
|---|---|---|---|---|---|
| DNA Funded | $5,000–$600,000 | 80%–90% | $49–$1,209 | TradeLocker, DXTrade | Flexible add-ons, 800+ instruments |
| TradeDay | $10,000–$250,000 | 100% (first $10k), 90% | $99–$750 (monthly) | NinjaTrader, Tradovate | Subscription-based, free trial |
| Earn2Trade | $25,000–$200,000 | 80% | $150–$550 (monthly) | NinjaTrader, Finamark | Gradual scaling, free resets |
| Topstep | $50,000–$150,000 | 100% (first $10k), 90% | $49–$149 (monthly) | TopstepX, TradingView | Flexible loss limits, fast payouts |
| FundedNext | $6,000–$200,000 | 80%–95% | $49–$1,099 | NinjaTrader, Tradovate | Free trials, scaling to $4M |
| The Trading Pit | $20,000–$250,000 | 60%–80% | $99–$599 | ATAS, Quantower, NinjaTrader | Scaling to €5M, global exchanges |
| LMI | $10,000–$300,000 | 100% (first $30k), 90% | $35–$250 (monthly) | VolFix | Volume analysis focus |
| My Funded Futures | $50,000–$150,000 | 80%–90% | $100–$444 | NinjaTrader, TradingView | Flexible inactivity rules |
| Apex Trader | $25,000–$300,000 | 100% (first $25k), 90% | $137–$399 (monthly) | NinjaTrader, Tradovate | Free NinjaTrader license |
Why It Matters:
These firms provide a low-risk way to trade futures and scale your trading career. Use this guide to compare firms and find the best match for your trading style and goals. Keep reading for detailed insights into each firm’s features, rules, and benefits.
Ultimate Futures Prop Firm Tier List 2025 (From A 7 Figure Trader)
What Are Futures Prop Trading Firms?
Futures prop trading firms are financial organizations that trade futures contracts using their own money instead of managing client funds. These contracts involve agreements to buy or sell assets at a predetermined price on a future date, and the firms rely on proprietary strategies to profit from market fluctuations.
"Proprietary trading firms, often abbreviated as prop firms, are specialized entities that engage in trading the capital markets using their own funds… This business model enables prop firms to retain a significant portion of the profits generated from trades." – Scott Bauer, Prosper Trading Academy [2]
The key distinction between prop firms and traditional investment firms lies in how they operate. Traditional firms manage client money and earn fees, while prop firms take on direct market risk by trading with their own capital. This setup ties their success directly to their trading performance, shaping their unique approach to funding and risk management.
How the Funding Model Works
Futures prop firms use funded account programs to provide traders with access to their capital. To qualify, traders must pass an evaluation process that demonstrates consistent profitability and adherence to strict risk management rules. Once approved, traders can access significant capital – ranging from $25,000 to $300,000 – without putting their own money on the line.
Profit-Sharing Arrangements
These firms typically operate on profit-sharing models, with traders keeping as much as 90% of the profits they generate. Some firms even offer "instant funded accounts", allowing traders to start earning under these terms immediately after passing the evaluation.
Key Benefits for Traders
Futures prop trading firms offer several advantages for traders:
- Access to Capital: Traders can execute larger trades and aim for higher earnings without risking their own funds.
- Advanced Tools and Infrastructure: These firms provide top-tier trading platforms, real-time market data, and professional-grade tools that might otherwise be too expensive for independent traders.
- Risk Management Support: Structured guidelines and drawdown limits help traders avoid significant losses and encourage disciplined strategies.
- Training and Mentorship: Many firms offer programs to help traders refine their skills and improve their performance.
This setup benefits both parties: firms gain access to skilled traders without the need for full-time employment, and traders receive the resources and capital to scale their trading efforts without putting their personal finances at risk. It’s a mutually beneficial model that aligns the interests of both the firm and the trader.
Key Features to Consider When Choosing a Futures Prop Trading Firm
Selecting the right futures prop trading firm can significantly influence your trading journey. With so many options out there, understanding what to look for is essential to avoid mistakes and find a firm that aligns with your goals. Below are the critical features to help you evaluate and choose the best firm for your needs.
Capital Allocation and Account Sizes
The amount of capital a firm provides is a major factor in determining your earning potential. Most firms offer initial funding between $25,000 and $250,000, though some go much higher. For instance, DNA Funded provides allocations up to $2 million with profit splits up to 90% [4]. Beyond the initial funding, check if the firm offers scaling opportunities to increase your capital as your trading performance improves [1].
Profit-Sharing Models
Profit splits can vary widely, typically ranging from 50% to 90%. Many top firms offer splits in the 70% to 90% range, with some increasing the share as you reach milestones. For example, Topstep allows traders to keep 100% of their first $10,000 in profits before moving to a 90% split [7]. Look for firms with flexible models that reward consistent performance.
Evaluation Process and Entry Requirements
Understanding how a firm evaluates traders is key to finding a program that suits your style. Some firms use one-step, two-step, or even three-step challenges, while others offer instant funding options [6]. Entry fees can range from $500 to $5,000, with varying profit targets depending on the evaluation structure [1][5][6]. Consider these costs against the potential returns and choose a process that matches your timeline and risk appetite.
Risk Management Parameters
Risk management policies protect both the trader and the firm. Look for firms with realistic drawdown limits and daily loss caps that account for normal market fluctuations. Balanced drawdown policies, for example, allow swing traders to hold positions over several days without risking disqualification [4]. A clear and fair risk framework is crucial for sustainable trading.
Trading Platform and Technology
The tools a firm provides can significantly impact your trading efficiency. Check if the firm offers advanced charting, algorithmic trading capabilities, real-time data feeds, and smooth integration with your preferred tools [8]. Some firms even have proprietary platforms with real-time analytics and automated strategy support. Be sure to verify that the firm allows your trading methods, as some may restrict certain approaches like high-frequency or event-driven trading [8].
Reputation and Transparency
A firm’s reputation can reveal a lot about its reliability. Look at Trustpilot ratings and trader reviews to gauge user experiences. For example, DNA Funded builds trust through its parent company, DNA Markets, an ASIC-regulated broker with a Trustpilot rating of 3.9 out of 5 [7]. Avoid firms with hidden fees, unclear withdrawal processes, or frequently changing terms – these can be warning signs [3].
Educational Resources and Support
Quality educational resources can enhance your trading skills. Leading firms often provide live webinars, mentorship programs, strategy coaching, and recorded courses [8]. Many also foster active trading communities where traders can share tips and insights [9]. Noam Korbl, co-founder of Prop-Firms.com, highlights an example:
"BrightFunded’s Trade2Earn program goes beyond rewarding profitability by valuing trading activity and consistency. Traders can earn BrightFunded Tokens through their trading volume, redeemable for perks such as extended drawdown limits and reduced profit targets during evaluations. This innovative approach not only incentivizes active participation but also supports traders in meeting their evaluation goals more efficiently" [7].
A supportive environment with access to experienced peers and mentors can make a big difference in your development as a trader.
| Feature | What to Look For | Red Flags |
|---|---|---|
| Profit Split | 70–90% in your favor, with potential for scaling | Fixed low percentages, no progression |
| Evaluation | Clear rules, reasonable targets, multiple attempts | Unrealistic goals, hidden requirements |
| Risk Rules | Balanced drawdown limits, strategy-friendly | Overly restrictive, frequent changes |
| Platform | Advanced tools, reliable execution | Outdated software, frequent downtime |
| Support | Responsive service, strong educational resources | Poor communication, lack of training |
Choosing a futures prop trading firm that aligns with your trading approach is essential for long-term success. Carefully assess each aspect to ensure your choice supports your goals and trading style. The right decision today can set the stage for a rewarding trading career.
1. DNA Funded
DNA Funded, supported by ASIC-regulated DNA Markets, provides futures traders with multiple evaluation options and access to substantial trading capital.
Account Sizes and Profit Splits
DNA Funded offers funded accounts ranging from $5,000 to $200,000, with challenge allocations reaching up to $600,000 [10]. The standard profit split starts at 80%, but traders can boost it to 90% by purchasing an optional upgrade [11]. There are six funding paths available for the one-step and two-step evaluations, along with four options for the 10-day challenge [11].
Evaluation Process and Fees
Traders can choose from three challenge types: Single Helix (1-step), Double Helix (2-step), and Pro Challenge (1-step). Each challenge has its own criteria and fee structure. Fees are one-time payments that depend on the account size and challenge type, ranging from $49 to $1,209 [11]. For instance, a $5,000 Double Helix challenge costs $49, while upgrading to a 90% profit split raises the fee to $59, and adding weekly payouts increases it further to $64 [11].
To pass the evaluation, traders must hit specific profit targets while staying within the maximum daily and total loss limits. A minimum of three trading days is required. The Single Helix and Double Helix challenges don’t impose time restrictions, but the Pro Challenge must be completed within 10 calendar days. Profit targets are generally set at 10%, except for the Pro Challenge, which requires only 5%. Traders can customize their challenges with add-ons like enhanced profit splits and weekly payouts.
| Challenge Type | Account Sizes | Fee Range | Profit Target | Max Daily Loss | Max Total Loss |
|---|---|---|---|---|---|
| Single Helix (1-step) | $5,000 – $200,000 | $59 – $1,209 | 10% | 5% | 10% |
| Double Helix (2-step) | $5,000 – $200,000 | $49 – $1,079 | 10%, then 5% | 6%, then 5% | 10% |
| Pro Challenge (1-step) | $10,000 – $100,000 | $99 – $549 | 5% | 4% | 5% |
Platform Compatibility and Tools
Once traders complete their evaluations, they gain access to trading platforms optimized for seamless execution. DNA Funded primarily uses TradeLocker, which works on desktop, Android, and iOS devices [12]. TradeLocker integrates with TradingView, offering advanced charting and analytical tools, though it does not support EA-based strategies [12]. For traders seeking automated solutions, DNA Funded also provides access to DXTrade, a beginner-friendly platform that supports trading bots. While DXTrade may experience occasional connectivity issues during volatile market conditions, it remains a solid choice for algorithmic trading [7].
Special Features or Offers
DNA Funded stands out by offering access to over 800 trading instruments, including forex, indices, stocks, and cryptocurrencies [13]. Additionally, traders can use flexible add-on options during the evaluation process to better align the challenges with their trading strategies and timelines.
2. TradeDay
TradeDay operates on a subscription-based model for funded accounts, offering a distinct profit-sharing arrangement and compatibility with various trading platforms. Let’s explore TradeDay’s account options, evaluation process, platform support, and unique features.
Account Sizes and Profit Splits
TradeDay provides funded accounts ranging from $10,000 to $250,000. Traders keep 100% of their first $10,000 in profits, with a 90/10 profit split applied to earnings beyond that threshold[14].
The monthly subscription fees depend on the account size, starting at $99 for a $10,000 account and increasing to $750 for the $250,000 account[14][15]. Each account level comes with specific profit targets and trailing drawdown limits.
| Account Size | Monthly Fee | Profit Target | Trailing Drawdown |
|---|---|---|---|
| $10,000 | $99 | $1,000 | $1,000 |
| $25,000 | $125 | $1,500 | $1,500 |
| $50,000 | $165 | $2,000 | $2,000 |
| $100,000 | $275 | $3,000 | $3,000 |
| $150,000 | $350 | $4,000 | $4,000 |
| $250,000 | $750 | $5,000 | $5,000 |
Evaluation Process and Fees
TradeDay’s evaluation process assesses traders’ strategies, risk management, and discipline within a simulated environment[16][17]. To pass, traders must achieve their profit target without exceeding the trailing drawdown limit, trading for a minimum of 7–10 days[14][17].
The evaluation enforces strict rules regarding trading times, approved products, position limits, and drawdown limits. Breaking a rule requires either purchasing a $99 reset or waiting for the subscription to renew for a free reset[17].
TradeDay offers three evaluation account types: Intraday, End of Day (EOD), and Static[19]. Upon successfully completing the evaluation, traders pay a one-time $139 setup fee for their funded account[18].
For those who prefer educational resources over direct evaluations, TradeDay offers the "TradeDay CoPilot" membership. Priced at $24 per month, it includes educational content, market research, analysis, and community features[16][18].
Platform Compatibility and Tools
TradeDay supports a range of trading platforms to suit different styles, including NinjaTrader, Tradovate, TradingView, and Jigsaw Trading[20]. Each platform brings unique strengths, such as NinjaTrader’s advanced analytics and automation tools or TradingView’s user-friendly web interface with social features[21].
In addition, TradeDay has developed its proprietary platform, TradeDayX, specifically for futures prop traders[18][22]. CEO James Thorpe highlighted its simplicity and functionality, saying:
"Finally, a platform that doesn’t get in the way. TradeDayX is something we think every futures prop firm trader will absolutely love."[22]
TradeDayX also integrates seamlessly with Quantower, a multi-asset trading terminal, adding even more versatility[22]. The company has received strong feedback from its users, boasting a Trustpilot score of 4.6 and an overall rating of 4.5/5. Its Platform & Technology category has a solid 4/5 rating as well[20][21].
Special Features or Offers
TradeDay offers a free trial, allowing traders to experience the platform before committing to a subscription[20]. The combination of keeping 100% of the first $10,000 in profits and the variety of platform options makes TradeDay an appealing choice for traders looking for flexibility and reliable technology.
3. Earn2Trade
Earn2Trade offers structured programs designed to develop traders, featuring two main evaluation paths and a history of funding over 700 traders. With a TrustScore of 4.6 based on more than 2,000 reviews, it has built a solid reputation[24].
Account Sizes and Profit Splits
Earn2Trade provides two evaluation programs with account sizes ranging from $25,000 to $200,000. The Trader Career Path (TCP) is ideal for traders starting small and looking to scale, while The Gauntlet Mini suits those seeking larger account options.
| Program | Account Size | Monthly Fee | Profit Split |
|---|---|---|---|
| TCP 25 | $25,000 | $150 | 80/20 |
| TCP 50 | $50,000 | $190 | 80/20 |
| TCP 100 | $100,000 | $350 | 80/20 |
| Gauntlet Mini | $50,000 | $170 | 80/20 |
| Gauntlet Mini | $100,000 | $315 | 80/20 |
| Gauntlet Mini | $150,000 | $350 | 80/20 |
| Gauntlet Mini | $200,000 | $550 | 80/20 |
Once traders pass the evaluation, they can choose between Live accounts or LiveSim accounts. TCP accounts also feature scaling plans, enabling traders to grow their capital allocation over time[23].
Evaluation Process and Fees
Earn2Trade operates on a subscription model with automatic 30-day renewals[25]. The evaluation process assesses trading skills, risk management, and discipline over a minimum of 10 trading days[25].
The pass rates highlight the program’s selectivity. In 2024, 10.42% of candidates passed either the Trader Career Path or Gauntlet Mini exams, compared to 23.38% in 2023[25][27][28]. Among those who passed the Trader Career Path, 10.04% opted for Live accounts, while 89.96% chose LiveSim accounts[25].
Earn2Trade eliminates upfront setup fees, applying the cost only at the first profit withdrawal. For LiveSim accounts, traders with Non-professional CME status pay a one-time $139 setup fee, while those with Professional status incur monthly fees of $135 per exchange[25][26].
Reset options add flexibility during evaluations. TCP100 accounts have a fixed reset fee of $100, while TCP50 and TCP25 accounts use dynamic pricing[25]. Free resets are included with subscription renewals.
Platform Compatibility and Tools
After passing the evaluation, traders gain access to several advanced trading platforms. NinjaTrader is free during the evaluation period but requires a Windows computer[29][30]. Finamark is also free during evaluations and includes a 90-day live trading license[29].
Other supported platforms include R | Trader, R | Trader Pro, and Overcharts (60-day trial)[29]. These platforms exclusively support futures products from CME, COMEX, NYMEX, and CBOT exchanges[28].
Earn2Trade enforces clear trading restrictions – stocks, options, forex, cryptocurrency, and CFDs are not allowed on any platform or program[28].
Special Features or Offers
Earn2Trade’s subscription-based model, which includes fee-based resets and free resets upon renewal, sets it apart from firms with one-time fee structures[25]. This approach allows traders to continue progressing without the need for a complete restart.
The Trader Career Path emphasizes gradual scaling, enabling traders to increase their capital allocation as they demonstrate success[23]. With the option to choose between Live and LiveSim accounts after passing evaluations, Earn2Trade provides flexible pathways for growth and risk management. These features make it a competitive choice among futures prop trading firms.
4. Topstep
Topstep has been in the game for over 12 years, funding more than 10,000 traders during that time [31]. With a solid Trustpilot rating of 4.6/5 [7], it’s a well-established name in the futures prop trading world. Let’s take a closer look at what Topstep offers, including its account options, evaluation process, platform features, and standout benefits.
Account Sizes and Profit Splits
Topstep provides three Trading Combine account options: $50,000, $100,000, and $150,000 [31]. What makes its profit-sharing model stand out is that traders get to keep 100% of their first $10,000 in profits. After that, profits are split 90/10 in favor of the trader [7].
| Account Size | Monthly Cost | Profit Target | Maximum Position Size | Maximum Loss Limit |
|---|---|---|---|---|
| $50,000 | $49 | $3,000 | 5 Contracts | $2,000 |
| $100,000 | $99 | $6,000 | 10 Contracts | $3,000 |
| $150,000 | $149 | $9,000 | 15 Contracts | $4,500 |
In 2024 alone, Topstep paid out $81,177 to its traders, showing its commitment to rewarding success [31].
Evaluation Process and Fees
The Trading Combine evaluation is designed to test a trader’s ability to hit profit and consistency targets while staying within daily loss limits [31][32][34][35]. The evaluation works on a subscription basis, renewing monthly until the trader either cancels or completes the objectives. Some traders finish the process in just two trading days [31][32]. The golden rule? Don’t hit or exceed the Maximum Loss Limit [34][35].
Here’s the breakdown of costs:
- Monthly subscription fees depend on the account size: $49 for the $50,000 account, $99 for the $100,000 account, and $149 for the $150,000 account.
- Reset fees match the monthly subscription costs [33].
- After passing the Trading Combine, traders activate their Express Funded Account with a one-time $149 fee [31][32].
The subscription includes free Level 1 market data, while Level 2 data is available for an additional $39 per month [32].
Platform Compatibility and Tools
Topstep’s proprietary platform, TopstepX, is built specifically for prop trading and comes loaded with features like TradingView charts and the Tilt indicator [31][34]. It works seamlessly on PC, Mac, and mobile devices [36][38]. One standout feature is its automatic adjustment to the current front month for futures products, so traders don’t have to worry about tracking rollover periods. For those who prefer other tools, Topstep also supports third-party platforms [37].
Special Features or Offers
One unique feature is how Topstep calculates the Maximum Loss Limit. Instead of basing it on unrealized intraday profits, it uses end-of-day balances, giving traders more breathing room during active sessions [34]. Additionally, its TradingView integration includes market data from the past year, allowing for deeper historical analysis [38]. For traders needing custom indicators, Topstep suggests using TradingView through a Tradovate account [37].
With its structured evaluation system and emphasis on trader development, Topstep creates opportunities for both beginners and seasoned traders to achieve funding and grow professionally.
5. FundedNext
FundedNext offers a diverse range of account sizes and a profit-sharing model that appeals to traders of varying experience levels and capital needs. With six account tiers ranging from $6,000 to $200,000, the firm provides plenty of flexibility. Plus, traders can earn up to a 95% profit split based on their performance [39].
Account Sizes and Profit Splits
FundedNext accounts come in six options: $6,000, $15,000, $25,000, $50,000, $100,000, and $200,000 [39]. The profit-sharing structure starts at 80% and can climb to 95% for traders who demonstrate strong results [39]. During the evaluation phase, traders earn a 15% profit share, which jumps to 80% once funding is secured [39]. The maximum combined account value is capped at $300,000, but traders who excel can scale their portfolios to an impressive $4,000,000 [39].
Evaluation Process and Fees
FundedNext accommodates different trading styles with three main evaluation options: Stellar, Evaluation, and Express [42]. However, as of March 18, 2025, the Evaluation model is no longer available to new clients; existing users can still continue with it [41].
Evaluation fees vary depending on the chosen account size and challenge type, ranging from $49 to $1,099 [40]. For traders who successfully complete the evaluation, these fees are refunded [40]. If a trader violates the rules and is disqualified, they can restart the process with a 10% discount on the evaluation fee [40].
| Account Size | Stellar 2-Step | Stellar 1-Step | Express |
|---|---|---|---|
| $6,000 | $59 | $65 | $49 |
| $15,000 | $119 | $129 | $99 |
| $25,000 | $199 | $219 | $199 |
| $50,000 | $299 | $329 | $299 |
| $100,000 | $549 | $569 | $549 |
| $200,000 | $999 | $1,099 | $999 |
For those looking for smaller account sizes, FundedNext also offers the Stellar Lite option, starting at just $32 for a $5,000 account [39].
Platform Compatibility and Tools
FundedNext supports futures trading on both NinjaTrader and Tradovate platforms [43]. This dual-platform setup ensures traders can choose the environment that best fits their needs.
Special Features or Offers
To help traders get comfortable with their offerings, FundedNext provides free trials for various account sizes. These trials allow users to explore the challenge environments before committing to a paid evaluation [42].
Syed Abdullah Jayed, the company’s CEO, highlights their mission to reshape the trading industry:
"What we’re building is not just a product, but a step toward a complete prop trading ecosystem – for every trader, in every market" [43].
With its flexible options and forward-thinking approach, FundedNext continues to make its mark in the futures prop trading space.
6. The Trading Pit
The Trading Pit has made waves in the trading world, paying out over $4 million to traders, hosting 10,000 active accounts monthly, and handling 450,000 trades every month [45]. Their futures program offers account balances ranging from $20,000 to $250,000, catering to traders at various levels.
Account Sizes and Profit Splits
Traders can choose between two account types: Prime, which offers an 80% profit split, and Classic, which starts with a 60–70% profit split and scales up to 80% as traders progress [44]. One standout feature is the scaling plan, which allows successful traders to grow their accounts to as much as €5,000,000 [44].
Evaluation Process and Fees
The Trading Pit uses a challenge-based system to evaluate traders before they can access funded accounts. For futures trading, there are four challenge tiers with entry fees ranging from $99 to $599 [44].
| Challenge Level | Entry Fee | Profit Target | Profit Share | Total Payout Potential |
|---|---|---|---|---|
| Lite | $99 | Phase 1: $1,000 | 60% up to 70% | $12,080 |
| Standard | $169 | Phase 1: $5,000 | 60% up to 70% | $111,000 |
| Executive | $349 | Phase 1: $3,000, Phase 2: $3,000 | 60% up to 80% | $131,850 |
| VIP | $599 | Phase 1: $3,000, Phase 2: $3,000 | 70% up to 80% | $133,300 |
Prime account holders also pay a $129 activation fee, while monthly market data fees range from $12 to $41. There’s an additional €23 fee for access to European derivatives [49]. These fees, combined with the challenge structure, make for a transparent pathway to funded accounts.
Platform Compatibility and Tools
Once traders pass their challenges, they can access a variety of trading platforms depending on their account type. Standard futures challenges are compatible with platforms like ATAS, Quantower, VolSys, and R/Trader [50]. Prime account holders enjoy even more options, including Tradovate, NinjaTrader, and TradingView, in addition to the standard platforms [50].
For those who prefer specialized tools such as Sierra Charts, MotiveWave, Jigsaw, or Volfix, these can be integrated via Rithmic (though a separate license is required) [50]. After purchasing a challenge, all platform downloads are conveniently available through the user dashboard [50].
Special Features or Offers
The Trading Pit stands out with its success stories and access to major exchanges. For instance, Felix from Germany, one of their top performers, made total profits of $117,565.66 across 11 payouts as of August 2024 [47].
"The Trading Pit has the goal of being the new global standard in trading and investing. They equip traders with the knowledge and tools that are necessary in becoming successful partners of the firm." [46]
Their futures challenges provide access to prominent exchanges like CME, EUREX, CBOT, COMEX, and NYMEX, giving traders exposure to a wide range of markets and trading opportunities [48]. This makes The Trading Pit an appealing option for traders looking to expand their horizons.
7. Liberty Market Investment (LMI)
Liberty Market Investment (LMI) sets itself apart by emphasizing volume analysis through its proprietary platform. The company operates on a subscription-based model and includes a profit-sharing system that rewards traders for their success.
Account Sizes and Profit Splits
LMI offers six account tiers, starting with a MINI $10,000 account and going up to an EXTRA $300,000 account. Traders enjoy 100% of their profits on the first $30,000 and receive 90% of profits beyond that [53][54].
Profit targets during the Qualifying Pro session vary based on account size:
| Account Size | Account Type | Profit Target | Max Trailing Drawdown | Subscription Cost |
|---|---|---|---|---|
| $10,000 | MINI | $700 | $500 | $35/month |
| $30,000 | SMALL | $1,500 | $1,500 | $70/month |
| $50,000 | MEDIUM | $3,000 | $2,500 | $78/month |
| $100,000 | LARGE | $6,000 | $3,000 | $150/month |
| $150,000 | MAX | $9,000 | $5,000 | $175/month |
| $300,000 | EXTRA | $20,000 | $7,500 | $250/month |
This structure reflects LMI’s commitment to rewarding traders who demonstrate consistent performance.
Evaluation Process and Fees
LMI’s evaluation process revolves around a single-stage assessment called the Qualifying Pro Session, focusing on steady profit growth and effective risk management [53]. While there’s no overall time limit to complete the evaluation, traders must meet their profit target within 30 days unless they extend their subscription [53].
The evaluation includes a Consistency Target rule, ensuring profits aren’t overly reliant on a single day’s performance. For example, if a trader’s best day exceeds 51% of the total profit target (or 52% for MINI accounts), a new target is set [53]. Although daily loss limits aren’t enforced, sticking to the maximum trailing drawdown is non-negotiable.
If a trader breaches the rules during the evaluation, they can restart for a fee ranging from $30 to $100, depending on their account tier. To help traders explore the platform risk-free, LMI also offers a 14-day free trial for the Qualifying Pro session [51][52][53].
Platform Compatibility and Tools
LMI exclusively operates on the VolFix trading platform [53]. This platform is designed to integrate trading tools with advanced risk management features.
"Our traders use VolFix.net trading platform which allows to manage risks, chart, trade, and perform profound volume analysis. LMI does not support any other platforms." [55]
VolFix works across various operating systems, including Windows, MacOS, Linux, Android, and iOS. It also provides a built-in risk management system and extensive customization options, giving traders a seamless trading experience.
Special Features and Offers
One standout feature of LMI is the LMI Trade Report, available directly within the VolFix platform. This tool allows traders to monitor performance metrics and statistics in real time [53]. Additionally, practice account holders gain free access to VolFix [55].
The subscription-based pricing model is another highlight, offering traders a flexible, monthly payment structure instead of requiring a large initial investment. This makes LMI an appealing option for traders who prefer spreading out their costs.
8. My Funded Futures
My Funded Futures (MFFU) sets itself apart by offering traders flexible account options and multiple evaluation pathways. Whether you prefer subscription-based accounts or an Evaluation-to-Live approach, MFFU provides choices tailored to different trading styles and goals.
Account Sizes and Profit Splits
MFFU offers two main account types – Starter and Expert – with three size options: $50,000, $100,000, and $150,000. The profit-sharing model is designed to reward traders generously. For subscription-based accounts, traders keep 100% of the first $10,000 in profits, after which the split shifts to 90/10 in the trader’s favor [56]. Meanwhile, those on the Evaluation-to-Live pathway enjoy an 80/20 profit split [57].
| Account Type | Account Size | Monthly Cost | Profit Target |
|---|---|---|---|
| Starter | $50,000 | $100 | $3,000 |
| Starter | $100,000 | $200 | $6,000 |
| Starter | $150,000 | $300 | $9,000 |
| Expert | $50,000 | $165 | $4,000 |
| Expert | $100,000 | $265 | $8,000 |
| Expert | $150,000 | $375 | $12,000 |
Expert accounts are designed for seasoned traders who are ready for higher profit targets and greater challenges, making them ideal for those seeking to push their trading skills to the next level.
Evaluation Process and Fees
MFFU provides several evaluation pathways, including one-step, two-step Evaluation-to-Live plans, and an Expert evaluation option [58][59].
- The one-step evaluation requires a $444 fee and includes a 20% consistency rule.
- The two-step evaluation starts at $197, with Phase 1 requiring 40% consistency and Phase 2 requiring 50% [58][60].
Risk management is a key focus, with a $1,500 end-of-day maximum loss limit and contract restrictions of 3 mini contracts or 30 micro contracts [58]. For added flexibility, traders can extend their evaluation period for $99 or reset it for the same fee [58][59]. These evaluations are supported by advanced trading technology, making the process smooth and efficient.
Platform Compatibility and Tools
MFFU supports a wide range of trading platforms to suit different preferences, including NinjaTrader, Tradovate, TradingView, Quantower, Volumetrica, Volsys/Volbook, and ATAS [61]. To enhance the trading experience, MFFU has partnered with dxFeed to deliver high-quality, real-time futures market data, ensuring traders have access to accurate and reliable information [61].
Special Features and Offers
One standout feature of MFFU is its flexible inactivity rules. While subscription-based accounts don’t impose inactivity limits, the two-step evaluation plan requires traders to remain active by trading at least once every seven calendar days during Phase 2 [58]. Additionally, MFFU offers platform guidance and support to help traders optimize their performance, making it easier to navigate and excel in the trading environment.
9. Apex Trader Funding
As of June 2024, Apex Trader Funding has paid out over $200 million, setting a benchmark in the futures funding evaluation industry [63]. This milestone highlights their dedication to empowering traders and scaling profitable trading ventures.
Account Sizes and Profit Splits
Apex offers a broad range of account sizes to cater to traders at different levels. These accounts range from $25,000 to $300,000 [64]. Their profit-sharing model is particularly appealing: traders keep 100% of the first $25,000 in profits per account [62]. Beyond that, profits are split 90/10, favoring the trader [62][63].
Both Rithmic and Tradovate platforms are available, with pricing consistent across most account sizes. Monthly fees start at $137 for the static $100,000 account and go up to $399 for the largest accounts.
| Account Size | Monthly Fee (Both Plans) |
|---|---|
| $25,000 | $147 |
| $50,000 | $167 |
| $100,000 | $207 |
| $100,000 (Static) | $137 |
| $150,000 | $297 |
| $250,000 | $399 |
| $300,000 | $399 |
The static $100,000 account stands out as the most cost-effective option at $137 per month, offering significant capital access without the higher fees tied to larger accounts.
Evaluation Process and Fees
Apex’s evaluation process prioritizes consistency and risk management over aggressive profit targets. To qualify for funding, traders must hit their profit target while adhering to trailing drawdown limits and complete at least 7 trading days [67][66]. This flexible approach gives traders the freedom to progress at their own pace, reducing the pressure to make hasty decisions.
If a trader fails the evaluation, they can reset their account for $80 on Rithmic accounts or $100 on Tradovate accounts [65]. Additionally, Apex’s reset policy is practical – accounts aren’t automatically canceled, and if a trader is in failed status during renewal, the reset fee is included in the monthly renewal [65]. These measures emphasize a steady, risk-conscious path to success, aligning with Apex’s overall funding philosophy.
Platform Compatibility and Tools
Apex supports a wide variety of trading platforms, although full technical support is provided exclusively for NinjaTrader 8 [68]. For Rithmic accounts, traders have access to 14 platforms, including popular choices like ATAS, Bookmap, Quantower, Sierra Chart, and MotiveWave [68].
Tradovate accounts are compatible with Tradovate Web and Mobile, TradingView, and NinjaTrader Desktop or Mobile [68]. However, it’s worth noting that only NinjaTrader 8 is supported – NinjaTrader 7 is not compatible with Apex accounts [68].
Special Features and Offers
Apex offers traders a free NinjaTrader 8 license key, accessible in the members’ area, which can help save on platform costs [68]. With over $200 million paid out to date, Apex has proven itself as a dependable partner for traders seeking substantial financial backing in the futures market.
10. QuantVPS
QuantVPS sets itself apart by offering VPS hosting specifically designed for futures traders. With over 300,000 server deployments worldwide and a 100% uptime guarantee [69], it has become a trusted partner for both algorithmic and manual traders. Its infrastructure is built to handle the demanding execution speeds required for funded futures accounts.
For traders managing funded accounts, speed is non-negotiable. QuantVPS is strategically located near the Chicago Mercantile Exchange (CME), providing ultra-low latency (0–1 ms) to CME servers. This is achieved using AMD EPYC processors, DDR4 RAM, and direct network peering [71]. Such speed is crucial for traders working with firms like Apex, TopStep, and Bulenox, where fast execution can make all the difference.
"QuantVPS exists to empower CME futures traders – especially those automating strategies on ES and NQ – with the fastest, most dependable VPS out there."
- Ryan, Co-founder & CEO [71]
Account Sizes and Pricing Plans
QuantVPS offers four hosting plans to cater to various trading needs. Their monthly billing model keeps costs straightforward and easy to manage.
| Plan | Monthly Price | CPU Cores | RAM | Storage | Multi-Monitor Support |
|---|---|---|---|---|---|
| VPS Lite | $49 | 4x cores | 8GB | 70GB NVMe | No |
| VPS Pro | $99 | 6x cores | 16GB | 150GB NVMe | Up to 2 monitors |
| VPS Ultra | $199 | 24x cores | 64GB | 500GB NVMe | Up to 4 monitors |
| Dedicated Server | $299 | 16x+ cores | 128GB | 2TB+ NVMe | Up to 6 monitors |
The VPS Lite plan, priced at $49/month, is ideal for traders running 1–2 charts. On the other end, the Dedicated Server at $299/month is built for high-volume traders managing 7+ charts simultaneously [69].
Platform Compatibility and Tools
QuantVPS delivers not only performance but also compatibility. It integrates seamlessly with popular trading platforms like NinjaTrader, TradeStation, Quantower, Tradovate, and Interactive Brokers. This ensures traders can use their preferred software without any hiccups. Additionally, it supports specialized tools such as Bookmap, Sierra Chart, MultiCharts, and Jigsaw Trading, making it a versatile choice for futures traders [69][71].
Special Features and Offers
QuantVPS includes several features tailored specifically for futures traders. Every plan comes with automatic backups to safeguard trading strategies and data [69]. The plug-and-play setup ensures quick deployment, eliminating technical headaches [71]. A standout offering is the Replikanto + NinjaTrader integration, which allows trade copying across multiple funded accounts – an invaluable tool for traders managing several accounts [72].
QuantVPS has earned strong recognition in the industry by providing the technological infrastructure that enables traders to excel with funded accounts. From its ultra-low latency to its robust compatibility, it’s designed to meet the needs of serious futures traders.
How QuantVPS Improves Your Trading Setup
When working with futures prop trading firms, your technical setup can be the deciding factor in your success. QuantVPS steps in to bridge critical performance gaps, ensuring the reliability and speed needed to handle the demands of funded futures accounts.
Ultra-Low Latency Execution is one of QuantVPS’s strongest features. With servers strategically located in Chicago, close to the Chicago Mercantile Exchange (CME), traders benefit from an impressive 1 millisecond latency to major trading venues [69]. This proximity is vital for executing trades on popular futures markets, where even the slightest delay can impact fill prices and profitability.
QuantVPS utilizes AMD Ryzen and EPYC CPUs paired with NVMe storage, ensuring your trading platform responds instantly to market movements [70].
System Reliability is another key advantage. QuantVPS offers a 100% uptime guarantee, supported by redundant power systems and a fast, stable network infrastructure [69]. This ensures uninterrupted trading operations, a critical factor for success.
"Our high-performance servers and knowledgeable support team ensure your trading platform runs 24/7 with global accessibility." – QuantVPS [69]
Additionally, automatic backups safeguard your trading data, giving you peace of mind [70].
Platform Compatibility is tailored to meet the needs of traders. Whether you’re using NinjaTrader for advanced charting, Tradovate for direct market access, or TradeStation for backtesting, QuantVPS ensures smooth integration across platforms.
QuantVPS’s infrastructure is also designed to handle heavy computational demands, making it a great fit for traders managing multiple funded accounts. Higher-tier plans provide the resources needed to run multiple trading platform instances simultaneously, simplifying account scaling. For traders with diverse needs, multi-monitor support across plans allows setups ranging from basic two-screen configurations to extensive multi-screen arrangements for complex strategies.
With QuantVPS, you can concentrate fully on market analysis and executing your strategies, knowing your technical setup is optimized for connectivity and reliability.
Conclusion
Choosing the right futures prop trading firm requires a careful look at the factors that directly influence your trading success. Beyond payout models, it’s essential to assess critical aspects like capital allocation, available trading instruments, and platform compatibility.
As mentioned earlier, each firm has its own funding model and trading conditions. For instance, Topstep, with its structured approach and a 4.4/5 rating from 43 reviews [73][74], might appeal to some traders, while others may prefer a different firm’s unique offerings. The key is to align your choice with your trading goals and risk tolerance.
Don’t overlook essential factors like the firm’s reputation, fee structure, trading tools, and support services. Transparent fees and dependable technical support can save you from unexpected costs and headaches down the road.
Your trading style should also play a big role in your decision. Scalpers and swing traders often have different needs, so it’s vital to ensure the firm you choose supports your specific approach. Some firms even focus on particular markets or instruments, making it easier to align their strengths with your trading interests. Pairing these considerations with the right technical setup can significantly boost your chances of success.
Speaking of technical setups, having a reliable trading infrastructure is non-negotiable. Services like QuantVPS can provide the stability and speed needed to make the most of the capital and tools these firms offer.
At the end of the day, thriving in futures prop trading boils down to thorough research and an honest evaluation of your trading objectives. By comparing firms based on what matters most to you, you can find the one that provides the capital, tools, and support to turn your trading skills into consistent profits.
FAQs
What should I look for when selecting a futures prop trading firm?
When selecting a futures proprietary trading firm, there are a few key factors to keep in mind to ensure it aligns with your trading objectives.
First, take a close look at the firm’s reputation and track record. A firm with positive reviews and a history of compliance offers a more secure and trustworthy trading environment. This can give you peace of mind as you navigate the market.
Next, think about the capital they provide. Does it match your trading strategy? Having sufficient funding can make a big difference in your trading potential. At the same time, examine the cost structure carefully. Account setup fees, evaluation charges, and profit-sharing terms can all impact your bottom line, so it’s essential to understand these upfront.
Lastly, consider the firm’s rules and support system. Make sure their trading guidelines align with your approach and that they offer a responsive customer support team to assist you when needed. A strong support system can be invaluable as you work toward your trading goals.
How do profit-sharing models work in futures prop trading firms, and what should traders consider?
Profit-sharing arrangements in futures proprietary trading firms are designed to reward traders for their performance, often allowing them to retain a substantial share of the profits they earn – typically between 60% and 90%. A common example might be a 70/30 split, where traders keep 70% of the profits while the firm takes the remaining 30%. This setup gives traders a strong incentive to excel, as their income is directly tied to their trading success.
When considering these models, traders should pay close attention to factors like the profit split percentage, the firm’s risk management guidelines, and the evaluation process for gaining access to trading capital. Some firms also offer scaling opportunities, increasing the profit share for traders who consistently deliver strong results. Carefully reviewing these aspects can help traders find a firm that fits their objectives and trading approach.
What is the typical evaluation process for traders to secure funding from futures prop trading firms?
Futures prop trading firms typically have a structured process to evaluate traders who are seeking funding. This process often begins with a simulated trading phase, where traders are required to hit specific profit targets while staying within strict risk parameters. These parameters often include maximum drawdown limits and position sizing restrictions, ensuring traders demonstrate both discipline and risk management skills.
Most firms implement a two-step evaluation system. The first step focuses on achieving a defined profit goal within a set time frame. Once traders meet this goal, they move to the second stage, which emphasizes consistent profitability and disciplined trading practices. Traders who successfully complete these stages may earn funding, giving them the opportunity to trade with larger capital under the firm’s established guidelines.
