Forex prop trading firms allow traders to trade with the firm’s capital instead of using only their own money. This gives traders a chance to access bigger funds, earn profit-sharing, and grow faster. Traders must follow rules and often pass an evaluation first. Choosing the right firm matters because each offers different fees, rules, and profit splits.

How Do Forex Prop Firms Work?

• They provide traders with access to the firm’s capital instead of requiring traders to use their own money.
• The firm sets specific rules like maximum drawdown, daily loss limits, and minimum trading days.
• Once a trader passes the evaluation, they receive a funded account to trade real or simulated capital.
• Traders share the profits they make with the firm, typically receiving a percentage like 70–90%.
• Traders pay an upfront fee for the evaluation, which is often refundable if they pass.
• Firms use strict risk controls to protect their capital and ensure traders do not take excessive risks.
• Payouts to traders are made on a schedule (weekly or monthly) based on the profit split agreement.
• The firm grows successful traders by offering larger funded accounts through scaling programs.

Firm Name	Funding Model	Max Profit Split	Key Trading Rules	Instruments Offered
FXIFY	Broker-backed CFD	Up to 90%	Algorithmic trading allowed, grid/martingale strategies, trading over weekends available in some programs.	Forex, indices, commodities, metals, crypto
The Forex Funder	Evaluation-based	High profit-split	Flexible trading, no strict minimum trading days in some programs	Forex, indices
DNA Funded	Evaluation-based	Up to 90%	One-phase, two-phase, rapid/short-term challenges.	Forex, commodities, indices, stocks, crypto
FundedNext	Evaluation-based	Up to 95% (CFD), 100% (Futures)	No monthly fees or activation fees in some programs.	Forex, commodities, indices, futures, crypto
BrightFunded	Evaluation-based	Up to 100%	Fast payouts within 24 hours in certain cases.	Forex, commodities, indices, crypto
Blueberry Funded	Broker-backed CFD	Up to 80%	Challenge fees are modest compared to other firms.	Forex, crypto CFDs
FundedPrime	Evaluation-based	Up to 90%	Simple risk rules: 10% profit target, 10% max total loss, 5% daily loss limit.	Forex, commodities, indices, crypto
ThinkCapital	Evaluation-based	Up to 90%	Challenge formats: Lightning (1-phase), Dual Step (2-phase), Nexus (3-phase).	Forex, CFDs
Maven Trading	Evaluation-based	Around 80%	No strict time limits for some plans.	Forex pairs, day trading
FundingPips	Evaluation-based	Up to 100%	No strict time limits in challenges, withdrawal processing fee.	Forex, stocks, securities, CFDs, commodities, crypto

Top 10 Forex Prop Trading Firms

1. FXIFY

• FXIFY was founded in 2022, positioning itself as a broker-backed prop trading firm based in London. 
• FXIFY Solutions Ltd functions solely as an introducing and payment agent, provides no investment services or deposit-taking, and routes simulated trading through its partner broker, FXPIG.
• FXIFY positions itself as a multi-asset CFD prop firm, offering access to forex and CFD products, including indices, commodities, metals, and crypto.
• Allows traders to keep up to 90% of the profits they make in the funded account, you can trade significant amounts without needing to use a lot of your own funds.
• Allows many trading styles: algorithmic trading (EAs), grid/martingale strategies, and trading over weekends in some programs.
• Flexible payout and withdrawal: first payout “on demand” once funded, in many cases, multiple asset types available (forex, commodities, indices, etc).
• Pros: If you pass the evaluation, you can trade significant amounts without needing to use a lot of your own funds.
• Cons: It was noted in reviews that FXIFY has a shorter operational history, which means less track record.

2. The Forex Funder

• The Forex Funder was founded in 2022 in Dubai, United Arab Emirates.
• They offer both a 1-step challenge and a 2-step evaluation process, which you must pass to get access to their funded account.
• Once funded, you trade the firm’s capital (rather than only your own) and share a portion of the profits with them.
• They claim high profit-split ratios and support a wide range of instruments (forex, indices, etc).
• They allow fairly flexible trading in terms of time and instruments and advertise no strict minimum trading days for some programs.
• Pros: Diverse trading instruments and challenge options mean you might find a setup that fits your style.
• Cons: Some rules may be strict or vague, which might affect active or news-driven traders.

Also, you may read 10 Best Forex Brokers

3. DNA Funded

• DNA Funded is affordable and offers broad market access, making it a strong low-cost option for crypto prop traders.
• Offers challenge programs that lead to managing a funded account (once you meet their criteria).
• Profit-split starts around 80%, and with optional “boosters” you can raise it to 90%.
• They offer a wide variety of assets you can trade: forex pairs, commodities, indices, stocks, even crypto (depending on the challenge), and more than 800 tradable instruments.
• Flexible challenge formats: one-phase, two-phase, rapid/short-term challenges.
• Pros: The large potential funded capital allows scaling up if you perform well.
• Cons: Some trading strategies may be disallowed depending on their rules.

4. FundedNext

• FundedNext was founded in 2022 by entrepreneur Syed Abdullah Jayed. 
• You pay a one-time fee for the “challenge” step, and then if you pass, you get a simulated funded account.
• They offer both CFD and Futures trading programs, so you can pick the instrument type you feel comfortable with.
• Up to 95% profit share on CFD programs, and up to 100% on some Futures Rapid accounts.
• Traders can use MT4, MT5, cTrader, Match-Trader, Tradovate, NinjaTrader, and TradingView.
• They say there are no activation fees or monthly subscription fees in certain programs.
• Pros: Faster reward processing is a plus getting payouts quickly is a benefit for traders.
• Cons: While they say “no activation fee” or “no monthly fee”, some fine print may apply.
  

5. BrightFunded

• BrightFunded was founded in 2023 by Elle Dijkstra and Syb Dijkstra.
• Also in Indian-market comparisons, known for good reward programmes and flexible challenges.
• Profit-sharing starts at approximately 80% and can scale to 100% for top traders.
• Multiple trading platforms available: MT5, cTrader, DXTrade – supports crypto, forex, indices, commodities.
• Very fast payouts: they mention a guarantee of payment within 24 hours in certain cases.
• Wide range of tradable markets: forex pairs, commodities, indices, cryptocurrencies.
• Pros: Very quick access to your earnings, making it more trader-friendly.
• Cons: The firm is relatively new, which means it may have less historical track record compared to older firms.

Also, you may read XM Review: Forex and CFD Broker

6. Blueberry Funded

• Blueberry Funded is a proprietary trading firm launched in 2024 by the Blueberry Group.
• Blueberry Funded, a broker-backed prop firm, uses Blueberry Markets’ CFD offering and publicly references forex and crypto CFD trading.
• Offers different challenge/evaluation programmes that you complete to qualify for a funded account.
• Once funded, you get to trade the firm’s capital and share in profits. For example, up to 80 % of profits for traders.
• simulated accounts trade via MT4, MT5, TradeLocker, and DXtrade on Blueberry Markets’ infrastructure.
• Good trading conditions: tight spreads, broker-backed environment, which can mean decent execution.
• Pros: The challenge fees are relatively modest compared to some other firms.
• Cons: Although the backing is good, the firm itself is based in a less-regulated jurisdiction, which may matter for risk awareness.

7. FundedPrime

• FundedPrime was founded in 2023 by the Australian-based FinTech company PropTradeTech.
• FundedPrime is described as offering simulated, not live trading, with profits noted as simulated since no real-market trading occurs.
• Offers challenge accounts where you pay an upfront fee to qualify for a funded account once you meet profit & risk rules.
• Profit-split for funded accounts is generous up to about 80%, and under certain conditions up to 90%.
• Risk rules are simple: usually a 10% profit target, 10% maximum total loss, and 5% maximum daily loss.
• Bank transfer and cryptocurrency withdrawals are available, payout frequency can be weekly or bi-weekly, depending on the challenge.
• Pros: Clear and transparent risk rules help you know what you must abide by.
• Cons: FundedPrime is relatively new compared to some older prop firms, so its long-term track record is shorter.

Also, you may read Top Strategies for Forex Day Trading: A Beginner’s Guide

8. ThinkCapital

• The Think Capital prop firm was officially launched in July 2024.
• It is operated by TC Systems within the ThinkMarkets group, and its services involve simulated trading and evaluations rather than regulated brokerage.
• ThinkCapital is positioned to give traders access to forex and CFD markets.
• They offer several “challenge” programs: Lightning (one-phase), Dual Step (two-phase), and Nexus (three-phase) so you can pick a model that matches your trading style and budget.
• You can keep up to 90% of the profits you make once you’re funded.
• They are backed by the broker ThinkMarkets (which is regulated), giving you a stronger infrastructure behind your trading.
• They support popular trading platforms: you can trade via TradingView directly, or use other platforms like MetaTrader 5 / their own ThinkTrader.
• Pros: The backing by a regulated broker gives more confidence than many smaller prop firms with weak infrastructure.
• Cons: Even with good profit splits, you still need to pay a “challenge fee” to enter the program, which is a cost you must budget.
  

9. Maven Trading

• The prop firm Maven Trading was founded in November 2022.
• Maven Trading offers only simulated trading and educational tools, it is not a broker and does not accept deposits.
• Maven markets itself as focused on forex prop trading and references forex pairs and day-trading education.
• Profit split is generous: you keep around 80% of your trading profits once funded.
• They rely on big data analytics to guide trading strategies and improve decision-making.
• Range of account sizes: you can start small (e.g., $2,000) and scale up to much larger funding with consistent performance.
• No strict time limit to complete challenge in some plans – you can trade as your style allows.
• Pros: Flexible challenge options mean you can choose faster access or slower growth depending on your comfort level.
• Cons: Although entry costs are low in some tiers, as you move to higher account sizes, the fees and requirements increase.
  

10. FundingPips

• FundingPips is a proprietary trading firm that was founded in 2022, headquartered in Dubai, UAE.
• They offer different evaluation “challenge” models (1-step, 2-step, “Zero” skip-evaluation for experienced traders) so you can choose one that matches your style.
• The profit-split for funded accounts is very generous in some cases (up to 100% according to one review) if you reach higher levels.
• Funding Pips gives access (via its partnered broker setup) to CFDs on currencies, commodities, energies, indices, and cryptocurrencies.
• FundingPips provides exposure to forex, stocks, securities, and related derivative instruments.
• There are no strict time limits in many of their challenges for reaching the profit target, which gives flexibility.
• Pros: Transparent and trader-friendly model: many traders say the rules are clear and the firm is responsive.
• Cons: They charge a withdrawal processing fee, which adds cost when you take profits.

Conclusion

Prop trading firms give traders a chance to trade with bigger capital and earn a share of the profits. Choosing the right firm depends on understanding their rules, fees, profit splits, and reputation. The 10 firms listed above offer good options, but always read the terms carefully and trade with discipline. A funded account can be a great opportunity — if you stay consistent and manage risk wisely.

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