- DNA Funded: Best overall with spreads starting at 0.0 pips, fees from $49, and profit splits up to 90%. Offers 3 challenge types and access to 800+ instruments.
- FTMO: Known for its structured 2-phase evaluation, tight spreads, and profit splits up to 90%. Account sizes up to $200,000.
- Topstep: Futures-focused, keeps 100% of your first $10,000 profits, then 90%. Monthly fees start at $49.
- BrightFunded: Profit splits up to 100%, fast payouts, and account sizes up to $400,000. Two-phase evaluation required.
- Funded Trading Plus: Flexible one-phase, two-phase, and instant funding options. Profit splits up to 100% with frequent payouts.
Quick Comparison
| Firm | Profit Split | Account Sizes | Spreads | Evaluation | Best For |
|---|---|---|---|---|---|
| DNA Funded | Up to 90% | $5,000 – $200,000 | From 0.0 pips | 1-phase, 2-phase, Rapid | All-around performance |
| FTMO | Up to 90% | Up to $200,000 | Tight spreads | 2-phase | Established reputation |
| Topstep | 100% first $10K | $50,000 – $150,000 | Futures only | Trading Combine | Futures traders |
| BrightFunded | Up to 100% | $5,000 – $400,000 | $3 per lot | 2-phase | High profit-sharing |
| Funded Trading Plus | Up to 100% | $12,500 – $200,000 | $7 per round-turn | 1-phase, 2-phase, Instant | Flexible funding |
Each firm has strengths tailored to different trading styles. DNA Funded excels in versatility, FTMO offers reliability, Topstep is ideal for futures traders, BrightFunded prioritizes profit-sharing, and Funded Trading Plus provides flexibility. Choose based on your trading goals and preferences.
The BEST Prop Firm Tier List (2025)
1. DNA Funded
DNA Funded has been crowned the Best Overall Prop Firm for 2025, earning a stellar score of 97/100 from Prop-Firms.com. The firm stands out by offering access to over 800 financial instruments via the DXTrade and TradeLocker platforms and is supported by the regulated forex broker DNA Markets.
"DNA Funded was the most decorated and named Best Overall Prop Firm for 2025, achieving an unbeatable score of 97/100. Its low challenge fees, profit splits of up to 90%, and access to over 800 financial instruments through DXTrade and TradeLocker set it apart. Backed by DNA Markets, a regulated forex broker, the prop combines tight spreads starting at 0 pips with competitive commissions and fast execution speeds." [4]
Spreads & Fees
DNA Funded offers some of the most competitive trading costs in the industry. Forex raw spreads start as low as 0.0 pips, with a $2.50 per side commission, making the total round-turn fee $5.00 – well below the industry average of $7.00. For non-crypto trades, traders pay a flat $5 fee, while crypto trades incur a 0.1% commission.
Traders can choose between two account types:
- Standard Accounts: No commission, spreads starting at 1.0 pips.
- Raw Accounts: Tighter spreads starting at 0.0 pips, with a $2.25 per side commission.
To ensure transparency, DNA Funded provides TradeLocker credentials, allowing traders to test spreads, execution speeds, and platform performance before committing to a challenge.
Funding Process
DNA Funded simplifies its funding process, offering 16 challenge accounts ranging from $5,000 to $200,000, with a maximum funding cap of $600,000 per trader. Traders can choose from three challenge types, each with specific trading rules and timeframes:
| Challenge Type | Min Trading Days | Duration | Profit Target | Max Daily Loss | Max Drawdown | Max Leverage |
|---|---|---|---|---|---|---|
| 1 Phase | 3 | Unlimited | 10% | 5% | 6% | 1:30 |
| 2 Phase | 3 | Unlimited | 10% / 5% | 6% | 10% | 1:50 |
| Rapid | 3 | 10 Days | 5% | 4% | 5% | 1:30 |
Challenge fees are highly competitive, starting at just $49 for a $5,000 account and scaling up to $1,209 for a $200,000 account. For example, a $25,000 account costs:
- $179 for the 1 Phase challenge
- $159 for the 2 Phase challenge
- $189 for the Rapid challenge
To move to the funded phase, traders must complete Know Your Customer (KYC) verification, which typically involves submitting ID and proof of address.
Profit-Sharing Models
DNA Funded offers one of the most attractive profit-sharing arrangements in the industry, with up to 90% profit splits. The default split is 80%, but traders can upgrade to 90% by purchasing a paid add-on during the challenge. In the funded phase, a 5% profit cap applies to the first three withdrawals, encouraging traders to focus on long-term growth while still allowing for substantial earnings.
Platform Compatibility
Traders have access to both the DXTrade and TradeLocker platforms, ensuring reliable execution and a chance to test live trading conditions before fully committing. This dual-platform approach supports flexibility and helps traders fine-tune their strategies with confidence.
2. FTMO
FTMO stands out as one of the most well-known proprietary trading firms, offering a clear and structured two-phase evaluation process. This approach has enabled many traders to secure funded accounts with balances as high as $200,000. Traders also benefit from competitive trading conditions across various asset classes, making FTMO a popular choice in the prop trading world.
Spreads & Fees
FTMO provides tight spreads and a straightforward fee structure. For forex trading, the round-turn commission is $3 per lot. Here’s a breakdown of the costs for major currency pairs:
| Currency Pair | Spread | Commission | Total Cost |
|---|---|---|---|
| EUR/USD | 0.4 pips | $3.00 | 0.30004 |
| GBP/USD | 0.5 pips | $3.00 | 0.30005 |
| EUR/GBP | 1.0 pips | $3.00 | 0.24010 |
| USD/JPY | 0.4 pips | $3.00 | 0.40400 |
For other asset classes, FTMO applies varying commission structures. Metals CFDs carry a 0.0010% commission per lot, while equity CFDs come with a 0.0040% fee per lot. However, no commission is charged for indices, cash CFDs (including crude oil), cryptocurrencies, or futures CFDs. FTMO ensures traders have access to real-time spread and fee data through its platform, keeping costs transparent and easy to understand.
Funding Process
FTMO’s funding process is built around a two-step evaluation system. The first step, called the FTMO Challenge, requires traders to demonstrate profitable risk management. Fees for this challenge range from $89 to $155 and are fully refunded after the first payout. Upon successfully passing the challenge and verifying consistent performance in a demo environment, traders gain access to funded accounts with balances of up to $200,000. Additionally, FTMO offers a scaling program, allowing account balances to grow by 25% every four months.
Profit-Sharing Models
FTMO starts traders with an 80% profit share, which can increase to 90% through its Scaling Plan. The firm retains 20% (or 10% under the scale-up plan) of simulated profits, whether withdrawn or reinvested. Withdrawals are processed monthly and become available 14 days after the first trade. On average, processing takes about 8 hours. The minimum withdrawal amounts are $20 for bank wire transfers and $50 for cryptocurrency transactions.
Platform Compatibility
FTMO supports industry-standard trading platforms, offering demo environments that closely replicate live trading conditions. These realistic simulations play a key role in maintaining the credibility of FTMO’s evaluation process.
3. Topstep
Topstep is dedicated exclusively to futures trading, setting it apart from other platforms that focus on forex or CFDs. The company uses a straightforward evaluation system, the Trading Combine, which has facilitated an impressive 81,177 payouts to traders in 2024. Its profit-sharing model is particularly appealing, allowing traders to keep 100% of their first $10,000 in earnings.
Spreads & Fees
Because Topstep focuses solely on futures, spread pricing doesn’t apply. Instead, traders encounter a fee structure that depends on the platform they choose. During the evaluation phase, TopstepX offers commission-free trading, adding to its appeal.
For live funded accounts, the fees vary by platform. Here’s a breakdown:
| Platform | Commission | Regulatory Fee | Platform Fee | Data Fee | Clearing Fee | Total (excluding exchange fees) |
|---|---|---|---|---|---|---|
| TopstepX | – | $0.04 | – | – | – | $0.04 |
| Tradovate/TradingView | $1.18 | $0.04 | – | – | $0.30 | $1.52 |
| NinjaTrader/ATAS/Rithmic | $1.06 | $0.04 | – | $0.50 | – | $1.60 |
| T4 | $1.00 | $0.04 | $1.00 | – | – | $2.04 |
Exchange fees vary depending on the instrument. For instance, E-mini S&P 500 (ES) contracts carry a $2.76 exchange fee per round turn, while Micro E-mini contracts like MES cost $0.70. Cryptocurrency futures are also available, such as the Micro E-mini Bitcoin (MBT) at $2.30 and Micro E-mini Ether (MET) at $0.20 per round turn.
Topstep provides Level 1 market data for free, while Level 2 data (Depth of Market) is available for $39 per month. The Trading Combine is the next step for traders aiming to secure funding.
Funding Process
The Trading Combine is a simulated market challenge that evaluates traders based on a single principle: consistency. To pass, traders must meet their profit target without breaching the Maximum Loss Limit. They must also trade for at least five days and follow risk management rules.
Here’s a quick look at account options and their targets:
| Account Size | Profit Target | Maximum Day Limit |
|---|---|---|
| $50K | $3,000 | Less than $1,500 |
| $100K | $6,000 | Less than $3,000 |
| $150K | $9,000 | Less than $4,500 |
The Trading Combine has a monthly subscription fee: $49 for the $50K account, $99 for the $100K account, and $149 for the $150K account. Fees continue until traders either pass the evaluation or cancel their account. Once the evaluation is successfully completed, traders pay a one-time $149 activation fee to access their Express Funded Account. Funding can be achieved in as little as two days, with all positions closed daily to avoid overnight risk.
Profit-Sharing Models
Once funded, traders enjoy a generous profit-sharing structure. They keep 100% of their first $10,000 in profits. After that, the split shifts to 90/10, with traders retaining the larger share. This split applies to individual traders, not accounts.
Withdrawals require a minimum of $125, and traders must achieve five winning days with at least $200 profit each day to qualify for payouts from an Express Funded Account. After completing 30 winning trading days, traders gain access to 100% of their profits. However, withdrawals can impact the maximum position size, as the scaling plan adjusts contract limits based on performance and withdrawal history.
Platform Compatibility
Topstep supports a variety of professional trading platforms, catering to different trading styles. The TopstepX platform stands out with commission-free trading during both evaluation and funded phases. Beyond TopstepX, the platform integrates with Tradovate, TradingView, NinjaTrader, ATAS, Rithmic, and T4. Each platform offers unique features and fee structures, ensuring traders can use familiar tools while accessing a wide range of futures contracts – from major indices and commodities to cryptocurrency futures.
4. The 5%ers
The 5%ers stands out by evaluating traders on real-money accounts instead of simulations, meaning traders can start earning profits even during the testing phase. With an impressive Trustpilot score of 4.9 out of 5 from around 5,000 reviews, this firm has earned a solid reputation among forex traders.
The company offers three distinct programs – Bootcamp, High Stakes, and Hyper Growth – each tailored to different trading styles, risk levels, and capital needs. This real-money approach ensures clear funding and profit-sharing structures.
Spreads & Fees
The 5%ers provides competitive trading conditions with a transparent fee structure. For forex trades, the firm charges a $4 commission per round lot, and spreads on major currency pairs range from 0.2 to 0.9 pips. These tight spreads have earned praise from traders.
"This firm has the best trading conditions I have seen from any prop firm. Low spread and commission, low slippage." – Finlay, Trader
To check the latest spreads, traders can access an MT5 demo account offered by the firm. Fees are straightforward: one-time entry charges without hidden or recurring costs. Depending on the program and account size, entry fees range from $39 for the smallest High Stakes account to $850 for the largest Hyper Growth account.
Funding Process
The 5%ers provides three funding options, each with unique evaluation steps and requirements. A key feature is that all evaluations are conducted on real money accounts, allowing traders to earn profits during the process.
- Bootcamp Program: This involves a three-step evaluation process leading to six-figure funded accounts. For a $100,000 account, the entry fee is $95, with an additional $205 due after completing all stages. Larger accounts, like the $250,000 option, cost $225 upfront and $350 upon passing.
- High Stakes Challenge: Designed for high-risk, high-reward traders, this two-step evaluation offers account sizes ranging from $5,000 (entry fee: $39) to $100,000 (entry fee: $495). Other options include $20,000 and $60,000 accounts for $165 and $300, respectively.
- Hyper Growth Program: This program provides instant funding with immediate access to live trading. Traders pay an initial fee and start earning after hitting their first target. Options include accounts of $10,000 ($260 entry fee), $20,000 ($450 entry fee), and $40,000 ($850 entry fee).
The evaluation process emphasizes consistent profitability while adhering to risk parameters. Generous timeframes are provided for completing Level 1 challenges, focusing on skill over speed. Successful evaluations unlock profit-sharing opportunities.
Profit-Sharing Models
After meeting evaluation requirements, traders move to profit-sharing tiers. The 5%ers offers tiered structures that allow traders to increase their profit splits over time, with the potential to achieve 100% profit retention.
- In the Bootcamp and Hyper Growth programs, traders start with a 50% profit split, which can grow to 75% and eventually 100% as they advance.
- The High Stakes program begins with a more favorable 80% profit split, scaling up to 100%.
Payouts are processed bi-weekly, and withdrawals don’t affect milestone progress. This system lets traders access earnings without slowing their path to higher funding levels. Additionally, Hyper Growth participants may earn bonuses in the form of HUB credits, which can be used within The 5%ers ecosystem.
Platform Compatibility
The 5%ers operates on MetaTrader 5 (MT5), a platform widely recognized for its advanced charting tools and support for automated trading. This choice reflects the firm’s focus on forex trading, where MT5 has become a standard.
Traders can use demo accounts to explore current spreads and conditions before committing to a funded program. MT5’s compatibility with expert advisors and custom indicators supports both manual and algorithmic trading strategies.
"It’s one of the best prop firms I’ve tried. Super user-friendly, tight spreads, clear rules, and their customer support is top-notch. Really like how smooth everything feels – no hidden stuff, just solid trading experience." – DHIRAJ, Trader
5. TradexProp
TradexProp is a prop trading firm offering five funding programs tailored to different trading approaches. With account sizes reaching up to $400,000 and profit splits as high as 90%, it provides traders with robust opportunities to grow. The firm also collaborates with tier-1 liquidity providers, ensuring top-tier market conditions across various asset classes. Let’s dive into what makes TradexProp stand out.
Spreads & Fees
TradexProp applies commissions based on the type of asset being traded. Here’s a quick breakdown:
| Trading Instrument | Commission Fee |
|---|---|
| Forex | $7.00 per lot |
| Commodities (metals only) | $7.00 per lot |
| Indices | $0.00 per lot |
| Crypto | $0.00 per lot |
For their specialized Crypto X evaluation accounts, a 0.05% commission fee applies. Notably, indices and crypto trades are commission-free, offering cost-effective options for traders in those markets.
Funding Process
TradexProp offers five funding pathways, each designed to meet different trader needs:
- Two-step Evaluation X
- One-step Evaluation X
- Instant Funding X
- Two-step Crypto Evaluation
- One-step Crypto Evaluation
These programs feature unlimited trading periods and no minimum trading days, but news trading is prohibited in traditional evaluation programs (it’s allowed in crypto-specific challenges). Entry fees vary based on the program and account size:
- Two-step Evaluation X: Starts at $35 for a $5,000 account and goes up to $2,455 for a $400,000 account.
- One-step Evaluation X: Entry fees range from $45 for the smallest account to $3,755 for the largest.
- Instant Funding X: Offers immediate access to live trading but with higher upfront costs – $200 for a $5,000 account and $5,000 for a $100,000 account.
Instant Funding X skips profit targets entirely, focusing on risk management with daily loss limits and trailing maximum loss rules. For evaluations, the Two-step Evaluation X requires an 8% profit target in Phase 1 and 5% in Phase 2, while the One-step Evaluation X sets a 10% profit target. These requirements make TradexProp a competitive choice for traders.
Profit-Sharing Models
TradexProp offers an attractive profit-sharing structure, starting at 80% for traders. For those seeking a higher split, an optional premium upgrade increases it to 90%.
"We’re rewarding consistency, discipline, and professionalism with faster withdrawals. A more sustainable system = more value for real traders."
- TradexProp
As of April 16, 2025, new funded accounts follow a bi-weekly payout cycle. To qualify for payouts, traders must adhere to a consistency rule: no single trading day can account for more than 45% of total profits. This rule, applied to new forex evaluation plans, encourages disciplined trading practices. The first withdrawal is available on-demand, while subsequent payouts follow the bi-weekly schedule – offering consistent income for traders who perform reliably.
Platform Compatibility
TradexProp supports three professional trading platforms: cTrader, Match-Trader, and DXtrade. These platforms provide access to TradexProp’s tier-1 liquidity partnerships, ensuring competitive spreads and reliable order execution across all asset classes. Demo accounts are available for all three platforms, allowing traders to test live spreads and market conditions before committing to a program. This flexibility helps traders find the perfect fit for their trading strategies.
6. JoinX
JoinX stands out in the world of proprietary trading firms with its structured evaluation process and a tiered profit-sharing model that rewards both individual success and contributions to the firm’s network. The firm places a strong emphasis on identifying traders who excel at managing risk and maintaining consistent profitability. It also offers access to a wide range of trading instruments at competitive rates. Below, we’ll dive into the details of JoinX’s trading costs, funding process, profit-sharing structure, and platform compatibility.
Spreads & Fees
JoinX keeps things simple with its pricing. Most trades operate on a spread-based system, meaning there’s no additional commission tacked on during regular trading hours. However, traders should be mindful of overnight funding charges for positions held past the market close. Additionally, currency conversion fees may apply when trading instruments priced in a currency different from the account’s base currency. Transparency is key here – there are no hidden charges to worry about.
Funding Process
The funding process at JoinX is designed to ensure traders are prepared for live market conditions. It begins with an evaluation in a simulated trading environment, allowing traders to showcase their skills without putting their own money on the line. During this phase, traders must meet specific criteria, such as adhering to maximum drawdown limits and achieving profit targets. This approach not only helps traders refine their strategies but also ensures they’re ready to handle the risks of live trading.
Profit-Sharing Models
JoinX takes a unique approach to profit sharing with a seven-level tiered system. Initially, sponsors receive 50% of the profits generated by the traders they directly onboard. As the levels progress, the percentage gradually decreases but never drops below 5% [5]. This system incentivizes traders to perform well individually while also encouraging them to mentor and grow the firm’s network by bringing in other talented traders.
Platform Compatibility
Traders at JoinX have access to professional trading platforms that support a variety of asset classes, allowing for diverse and flexible trading strategies. Demo accounts are available, giving traders the chance to test the platform’s interface and order execution without any financial risk. Beyond forex, the platform accommodates a range of asset classes, making it easier for traders to diversify their portfolios and apply their expertise across multiple markets.
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7. Audacity Capital
Launched in 2012 and based in London, Audacity Capital supports traders in over 140 countries, providing funding opportunities of up to $2,000,000 with profit splits that can reach 90%. The firm offers two distinct funding pathways: the Ability Challenge, designed for traders who want to prove their skills through an evaluation process, and the Funded Trader Program, tailored for seasoned traders seeking immediate access to capital. Let’s dive into what sets Audacity Capital apart, including their spreads, funding process, and profit-sharing options.
Spreads & Fees
Audacity Capital structures its fees differently for its two programs. The Ability Challenge charges a $5.00 commission per lot traded, while the Funded Trader Program eliminates commissions altogether. By partnering with institutional liquidity providers, the firm ensures traders benefit from competitive spreads.
Entry costs depend on the program and account size. For the Ability Challenge, fees start at $129 for a $10,000 account and go up to $1,559 for a $240,000 account. The Funded Trader Program, on the other hand, requires a higher upfront cost, ranging from $329 for a $7,500 account to $2,399 for a $60,000 account. These fees cover essential trading infrastructure, including data feeds, technology, and administrative support, with no additional commissions on deposits [6][7].
Funding Process
Audacity Capital provides funding options tailored to both new and experienced traders.
- The Ability Challenge is a two-step evaluation process. Traders first complete a Challenge Phase, followed by a Verification Phase before gaining access to live funding. This route suits those with smaller budgets or traders new to proprietary trading who want to prove their skills gradually.
- The Funded Trader Program skips evaluations entirely, offering immediate live trading access. However, it comes with higher entry costs and stricter trading conditions, making it a better fit for experienced traders ready to trade live capital right away.
For the Ability Challenge, traders must meet profit targets of 10% and 5% during the two phases. Both programs enforce risk management rules, including a maximum daily drawdown of 5%. Additionally, the Funded Trader Program imposes a 7.5% maximum drawdown for its Challenge Phase [9].
Profit-Sharing Models
Audacity Capital rewards consistent performance by increasing profit splits over time. The Ability Challenge offers profit splits as high as 90%, while the Funded Trader Program caps at 80%. Traders typically start with a 50% split, with opportunities to improve their share by hitting performance benchmarks.
The firm processes payouts monthly and has a strong history of rewarding successful traders, with a record monthly payout of $2.82 million [6]. Federica D’Ambrosio, Chief Financial Officer at Audacity Capital, emphasizes the company’s commitment:
"At Audacity Capital, we’re not just providing advanced trading technology, we’re committed to transparency, fairness, and your success." [10]
Traders who consistently achieve 10% profit targets can scale their accounts up to $2,000,000 [6].
Platform Compatibility
Audacity Capital specializes in futures trading, which dictates its platform offerings and trading rules. The platform restricts certain strategies, including high-frequency trading, core hedging, Martingale systems, dollar-cost averaging, arbitrage, and news trading within the Funded Trader Program. However, participants in the Ability Challenge have more flexibility in their trading approaches [8].
The platform supports a variety of futures instruments and provides institutional-grade tools for execution. Traders benefit from the firm’s long-standing liquidity partnerships, ensuring access to professional-grade trading infrastructure developed over a decade in the industry.
8. Top One Trader
Top One Trader has carved out a notable presence in the proprietary trading world by offering flexible evaluation paths and competitive trading conditions. With two distinct challenge options – the 1-Step "Flash" Challenge and the 2-Step "Pro" Challenge – traders can select the path that aligns with their trading preferences and risk appetite. Account sizes range from $10,000 to $200,000, with opportunities to scale up to $5 million. This makes the platform appealing to both new and experienced traders.
Spreads & Fees
Top One Trader provides attractive pricing across its supported trading platforms, featuring spreads from 0 to 2 pips and commissions between $0 and $2.50 per lot [11]. The fee structure varies by platform, giving traders the flexibility to choose one that complements their strategy.
| Trading Platform | Commission (per lot per side) | EUR/USD AVG. Spread |
|---|---|---|
| Match Trader | $2.00 | 2.00 pips |
| TradeLocker | $2.50 | 1.00 pips |
| cTrader | $2.00 for Forex & Crypto, $0.00 for Metals & Indices | 0.20 pips |
These low transaction costs are particularly advantageous for traders employing strategies like scalping, automated trading with Expert Advisors (EAs), or news trading [11]. This pricing positions Top One Trader as a strong contender for those who rely on high-frequency trading techniques.
Funding Process
The funding process at Top One Trader is designed to be simple and efficient. Traders start by choosing between the 1-Step "Flash" Challenge or the 2-Step "Pro" Challenge, along with an account size ranging from $10,000 to $200,000 [12]. Across all platforms, traders enjoy the flexibility of weekend holding, news trading, and EA compatibility [12].
Here’s how the challenges differ:
| Conditions | 1-Step | 2-Step |
|---|---|---|
| Profit Target | 10% | 8% / 5% |
| Daily Loss Limit | 4% | 5% |
| Max Drawdown | 7% (Trailing) | 10% (Static) |
| Max Leverage | 1:10 | 1:50 |
| Time Limit | Unlimited | Unlimited |
Once traders successfully meet the challenge requirements, they complete a standard KYC verification process [12]. After approval, their live account is activated, allowing them to start earning real profits. This streamlined process ensures a smooth transition from evaluation to live trading.
Profit-Sharing Models
Top One Trader offers competitive profit-sharing terms, starting at 75% for 1-Step accounts and 80% for 2-Step accounts, with the option to upgrade to a maximum split of 90% [15]. Traders can secure this higher split at checkout [13][14].
Payouts are processed monthly after traders maintain their funded account for 30 days [13]. For those who prefer quicker access to their earnings, the platform also offers bi-weekly payouts as an optional add-on [13]. This structure rewards consistent performance while providing regular access to profits.
Platform Compatibility
Top One Trader supports three advanced trading platforms: TradeLocker, Match Trader, and cTrader. TradeLocker stands out with its integration with TradingView, offering advanced charting tools and technical analysis features [11].
The platform’s flexibility extends to trading styles. Traders can use automated strategies with Expert Advisors, engage in unrestricted news trading, and hold positions over weekends [12]. Whether you prefer manual trading or automated systems, Top One Trader accommodates a wide range of approaches, making it a versatile choice for traders of all types.
9. Funded Trading Plus
Funded Trading Plus (FTP) stands out among proprietary trading firms by offering a range of funding options tailored to meet different trader needs. From one-phase and two-phase challenges to instant funding programs, FTP provides pathways that suit both new and experienced traders. The firm also offers account scaling opportunities up to $5 million, along with profit splits that can reach 100% once traders hit specific profit milestones [1].
Spreads & Fees
FTP has a straightforward fee structure. Commissions are set at $7 per round-turn for forex and commodities trades, while indices and cryptocurrencies come with no commission fees [1]. Spread details, however, are only accessible through demo accounts.
The cost of challenges depends on the program and account size. Fees for the One-Phase Challenge range from $119 to $949 for accounts between $12,500 and $200,000. The Two-Phase Challenge fees fall between $199 and $1,097. For traders opting for the Instant Funding program, fees start at $225 [1].
FTP also offers flexibility with withdrawals, allowing traders to cash out as little as $50. Payout cycles occur every 3, 5, or 7 days, giving traders frequent access to their earnings.
Funding Process
Funded Trading Plus provides three distinct funding options, catering to different trading styles and experience levels:
- One-Phase Challenge (Experienced Trader Program): Traders must achieve a 10% profit target while adhering to a 4% daily loss limit and a 6% maximum loss limit. There are no minimum trading day requirements, offering flexibility in trading frequency [16][20].
- Two-Phase Challenge: This option includes the Prestige, Premium, and Advanced programs. Each phase has unique profit targets and drawdown limits. For example, the Prestige program requires at least three profitable trading days with a minimum of 0.5% profit per day [18][20].
- Instant Funding (Master Trader Program): This program skips evaluation phases entirely and has no profit target requirements, giving experienced traders immediate access to live capital [19].
Certain trading strategies are prohibited across all programs, including copy trading, arbitrage, hedging, and grid trading [20]. Accounts become inactive if no trades are made within 30 days. To qualify for account scaling, traders typically need to achieve a 10% simulated profit in their FT+ Trader account [16].
Profit-Sharing Models
FTP offers a progressive profit-sharing structure that rewards consistent performance. Traders start with an 80/20 split in favor of the firm. Once they achieve 20% simulated profit, they can request a 90/10 split. At 30% simulated profit, traders become eligible for a 100/0 split, allowing them to keep all their withdrawn funds [16][19][21]. This model incentivizes long-term growth and consistent results.
Platform Compatibility
Funded Trading Plus has earned a strong reputation for its platform and service quality. The firm boasts a Trustpilot score of 4.7 out of 5 stars, with users praising its payout reliability, platform functionality, and responsive customer support [1].
Simon Massey, CEO of Funded Trading Plus, emphasizes the company’s commitment to its traders:
"Our 5 Star Promise isn’t just meaningless words on a page, it’s a reflection of our dedication to providing an exceptional experience. I want our teams to deliver this for you, and I want you to hold us to these promises throughout your journey with us. At FT+, we are committed to creating an environment where you can thrive, backed by a service that is truly second to none. This promise is not just a statement; it’s a reflection of the glowing reviews and feedback we’ve consistently received from our satisfied customers on TrustPilot. We are not just a funded trading firm; we’re your partner in success."
– Simon Massey, CEO Funded Trading Plus [17]
With its flexible funding options, competitive profit-sharing terms, and a customer-first approach, Funded Trading Plus is a strong contender for traders looking for both immediate funding opportunities and a pathway to long-term success.
10. BrightFunded
BrightFunded stands out for its focus on empowering traders and maintaining high customer satisfaction. With a maximum capital allocation of $400,000 per trader [24] and profit-sharing options that can go up to 100%, it’s a solid choice for traders looking to scale their operations. Let’s dive into key aspects like fees, funding, profit sharing, and platform features.
Spreads & Fees
BrightFunded keeps trading costs competitive. Forex trades are charged $3 per lot, while cryptocurrency trades come with a 0.024% commission. Other assets incur minimal fees, and there’s no swap fee, which means traders can hold positions overnight or through the weekend without extra costs [73, 74].
The platform also supports multiple trading tools, including the newly added cTrader. CEO Jelle Dijkstra shared insights on this addition:
"By incorporating cTrader into our platform offerings, we’re delivering on our commitment to provide our traders with a best-in-class experience, empowering them to elevate their trading performance and achieve consistent results in today’s dynamic markets." [22]
Funding Process
BrightFunded evaluates traders through a two-phase process that tests both profitability and risk management, with no rigid time constraints [26].
- Phase 1 – Evaluation: Traders aim for an 8% profit target while keeping daily drawdowns below 5% and total drawdowns under 10%. A minimum of 5 trading days is required [76, 80].
- Phase 2 – Verification: The profit target drops to 5%, but the same drawdown limits and 5-day minimum apply [76, 80].
The fees for these evaluations depend on the account size. For example, a $5,000 account costs $55, the popular $100,000 account is priced at $495, and a $200,000 account costs $975 [76, 80]. Once both phases are completed, traders gain access to a funded account and can start earning profits, with payouts available as soon as 7 days after their first trade [23].
Profit-Sharing Models
BrightFunded offers an attractive profit-sharing structure. Traders start with an 80% profit share, which can increase to 100% with consistent performance [81, 82]. The firm’s scaling plan allows account sizes to grow based on trading success, enabling traders to eventually retain all their profits [28].
What sets BrightFunded apart is its fast payout process. Payments are guaranteed within 24 hours, with an average processing time of just 4 hours [27]. CEO Jelle Dijkstra highlighted the company’s trader-first philosophy:
"Our commitment to the trader is at the core of everything we do. The ‘modern prop trading’ model we champion isn’t just a business strategy; it’s a philosophy built on empowering individuals. We provide the tools and structure for talented traders to succeed, fostering a truly sustainable trading environment where transparency, clear rules, robust support, and rapid payouts are paramount. This allows traders to focus on what they do best – trading – without risking their own personal capital." [27]
Platform Compatibility
BrightFunded supports a variety of trading styles through advanced platforms, earning a Trustpilot score of 4.6/5, with 86% of reviews awarding 5 stars [1]. Customers frequently praise the platform for its fast payouts, transparent policies, and responsive support [1].
The platform accommodates different trading approaches, including the use of Expert Advisors (EAs), as long as traders stick to daily and total loss limits [25]. Hedging is allowed within the same account but not across multiple accounts [25], and copy trading is limited to accounts registered under the same individual [25]. For traders with specific religious needs, BrightFunded also offers swap-free accounts [23].
Pros and Cons Summary
When comparing the offerings of different firms, it’s clear that each has its strengths and weaknesses. These distinctions can help traders align their preferences and trading styles with the right firm.
Take DNA Funded, for instance. It stands out with forex spreads starting at 0.0 pips and a low $2.50 commission per side. The firm offers three challenge options with account sizes ranging from $5,000 to $200,000, with fees between $49 and $1,209. Traders start with an 80% profit split, which can be increased to 90% through an add-on feature.
FTMO, on the other hand, is known for its structured two-phase evaluation system and its established reputation in the industry.
For traders interested in futures, Topstep offers a unique model. It allows traders to keep their first $10,000 in profits before transitioning to a 90% profit split. Monthly subscriptions for its Trading Combine range from $49 to $149, depending on the account size ($50,000, $100,000, or $150,000). However, its focus on futures limits options for those who trade forex or stocks [1].
BrightFunded leads the way in profit-sharing, offering splits that can reach 100%. Its account sizes range from $5,000 to $200,000, with entry fees starting at €55. However, its two-phase evaluation process may delay funding for traders who want quicker access [1].
Lastly, Funded Trading Plus offers a variety of options, including one-phase, two-phase, and instant funding programs. Account sizes range from $12,500 to $200,000, with fees between $119 and $949. The firm also provides payouts every three, five, or seven days, but the wide array of program choices can feel overwhelming for newcomers [1].
Here’s a quick comparison of these firms:
| Firm | Key Advantages | Main Disadvantages |
|---|---|---|
| DNA Funded | Tight spreads, diverse challenges, and flexible trading options | Starts with an 80% profit split |
| FTMO | Strong reputation, structured evaluation process | Rigid system; less competitive profit sharing |
| Topstep | Keeps 100% of first $10,000 profits; futures-focused | Limited to futures trading |
| BrightFunded | Profit splits up to 100%; creative rewards | Two-phase evaluation can delay funding |
| Funded Trading Plus | Flexible funding programs; frequent payouts | Overwhelming options for beginners |
Your ideal firm depends on your trading priorities. Futures traders might lean toward Topstep, while forex traders could benefit from DNA Funded’s low spreads or BrightFunded’s appealing profit-sharing model. For those seeking immediate funding, Funded Trading Plus’s instant options might be the best fit.
"DNA Funded has quickly built a reputation as one of the most well-rounded prop firms in the industry. With a strong foundation backed by a trusted forex broker, it offers traders a rare combination of reliability, affordability, and flexibility. Few firms manage to strike the right balance between challenge fairness, competitive payouts, and seamless execution – but DNA Funded delivers on all fronts." [29]
Each firm’s strengths often come with tradeoffs. For example, while specialized firms like Topstep offer focused benefits, they may limit access to broader markets. Meanwhile, firms with generous profit-sharing models may require stricter evaluation processes. Use these comparisons to narrow down your options before diving into the concluding section.
Final Thoughts
Picking the right proprietary trading firm in 2025 comes down to aligning your choice with your trading style, level of experience, and financial goals. The trading landscape has shifted significantly, with more firms now catering specifically to the needs of U.S.-based traders, despite the regulatory challenges [2].
For U.S. traders, it’s essential to choose firms that accept U.S. residents, as regulations can narrow your options [3]. However, the good news is that the quality of available firms has improved, offering better opportunities for traders across the board.
Your trading style should play a central role in your decision. Day traders should look for firms with realistic daily drawdown limits that account for market fluctuations. Swing traders, on the other hand, may benefit from firms that offer flexible holding periods. For scalpers, tight spreads and low commissions are key to maximizing profits [2].
If you’re just starting out, consider firms with strong educational resources and lower upfront costs. Experienced traders might prioritize firms offering competitive profit splits and larger account sizes to match their advanced strategies [2]. Regardless of your experience level, balancing costs with potential returns is critical.
When evaluating firms, focus on consistent position sizing and aim for high-probability setups during the assessment phase. This disciplined approach not only helps you pass evaluations but also prepares you for long-term success [2].
Transparency matters, so take the time to review contract terms, trading conditions, and the firm’s reputation. Trustpilot reviews can offer valuable insights – firms like Funded Trading Plus (4.7/5), BrightFunded (4.6/5), and Topstep (4.6/5) have earned positive feedback from traders [1].
Profit splits are another important factor. While most firms offer splits ranging from 70% to 90%, some provide up to 100% under certain conditions. For example, Topstep allows futures traders to keep 100% of their first $10,000 in profits, which can be a great option for consistent performers [1].
With evolving risk management practices, flexible evaluation processes, and competitive profit-sharing models, traders now have more options to succeed [30].
Whether your focus is on low fees, quick payouts, broad market access, or generous profit splits, the firms highlighted in this guide provide solid opportunities for funded trading in 2025.
FAQs
What should I look for when selecting a proprietary trading firm from the list?
When choosing a proprietary trading firm in 2025, it’s crucial to look at key factors like the profit-sharing model, evaluation process, and trading guidelines to ensure they align with your personal goals and level of experience. You’ll also want to assess the platform’s tools, the range of supported asset classes, and how withdrawals are handled to make sure they fit your trading requirements.
Don’t overlook the firm’s fees, reputation, and performance history, as these elements can provide insight into its reliability and transparency. Picking a firm that complements your trading style can play a big role in your overall success, so take the time to evaluate these aspects thoroughly.
What are the differences in profit-sharing models among top proprietary trading firms, and which ones are best for new traders?
Profit-sharing models at top proprietary trading firms in 2025 generally fall between 70% and 100%, allowing traders to retain a large share of their profits. Some firms even provide 100% profit splits under certain conditions, which can be particularly attractive for traders aiming to maximize their income.
That said, higher profit splits often come with tougher requirements, like more demanding evaluation processes or longer trading challenges. For those just starting out, it’s essential to balance the potential for higher earnings with these added conditions. Picking a firm with a reasonable profit-sharing setup and trader-friendly terms can play a key role in shaping a successful trading journey.
Which proprietary trading firms are best for futures trading versus forex trading?
Some proprietary trading firms are designed with futures trading in mind, offering advantages like access to a variety of futures contracts, deep market liquidity, and advanced risk management tools. These firms are often ideal for traders focused on commodities, indices, or other futures-based instruments.
In contrast, firms that specialize in forex trading tend to provide access to numerous currency pairs, flexible trading conditions, and competitive spreads. Choosing between the two comes down to your trading style, objectives, and preferred markets. Take the time to review what each firm offers to ensure it matches your specific needs.
