Hey there, aspiring futures traders!
Have you ever dreamed of making it big in the futures market but felt held back by limited capital? Well, you're not alone. Many traders face this hurdle, but there's good news: prop firms are here to save the day! These companies offer a golden ticket to trade with serious money, even if your account is smaller.
But here's the catch – not all prop firms are created equal. Some shine bright while others… well, let's just say they might leave you in the dark. So, how do you pick the right one? That's exactly what we're going to explore in this article.
We'll break down the best futures prop firms out there, helping you find your perfect match.
Let's check out the top Futures prop firms!
🔮 What are Futures Prop Firms?
Futures prop firms are companies that provide traders with access to substantial capital for trading futures contracts. These firms offer a unique opportunity for skilled traders to leverage professional resources and potentially earn significant profits without risking their own money.
Traders typically undergo an evaluation process to prove their skills before gaining access to funded accounts. Once approved, they can trade a wide range of futures contracts, including commodities, indices, and currencies, using advanced platforms and tools provided by the firm.
In return for this capital and support, prop firms take a share of the profits generated. This arrangement allows talented traders to scale up their trading activities and potentially earn more than they could with their limited capital, while the firm benefits from the trader's expertise.
💸 Top Futures Prop Firms 💸
| Prop Firm | Account Sizes | Profit Split | Evaluation Process | Platforms Supported |
|---|---|---|---|---|
| The Trading Pit | $20,000 – $250,000 | 80% | One-Step | NinjaTrader, Tradovate, Rithmic, TradingView |
| Elite Trader Funding | $10,000 – $300,000 | 100% on the first $12,500, 90% after | Multiple options | NinjaTrader, Tradovate, TradingView |
| Topstep | $50,000 – $150,000 | 100% on the first $10,000, 90% after | Trading Combine® | NinjaTrader, Tradovate |
| OneUp Trader | $25,000 – $250,000 | 90% | One-Step | NinjaTrader, rTrader, Photon |
| UProfit | $9,000 – $200,000 | 100% on the first $15,000, 80% after | One-Step | NinjaTrader, others |
| MyFundedFutures | $50,000 – $150,000 | 100% on the first $10,000, 90% after | One-Step | NinjaTrader, Tradovate, TradingView |
| Apex Trader Funding | $25,000 – $300,000 | 100% on the first $25,000, 90% after | One-Step | NinjaTrader, Tradovate, TradingView |
1. The Trading Pit
The Trading Pit stands out as a top-tier futures prop firm, offering traders access to major exchanges like CME, CBOT, COMEX, NYMEX, and EUREX. With account sizes ranging from $20,000 to $250,000, this firm caters to both newcomers and experienced traders alike. Their Prime Program is a game-changer, boasting an 80% profit share and a flexible payout structure that rewards consistent performance.
The Trading Pit Key Features
The Trading Pit's scaling plan is particularly attractive, allowing traders to increase their buying power based on end-of-day profits. This feature encourages growth and allows traders to expand their strategies over time.
Unique Offerings
With its user-friendly approach and trader-centric policies, The Trading Pit has quickly become a go-to platform for futures traders looking to maximize their potential. Their commitment to providing a supportive environment, coupled with competitive profit splits and flexible rules, makes them a strong contender in the prop firm space.
2. Elite Trader Funding
Founded in 2022, Elite Trader Funding has quickly become a top choice for futures traders seeking funding. This Florida-based prop firm offers account sizes from $10,000 to $300,000, catering to both newcomers and experienced traders. With its generous profit-sharing model and flexible evaluation options, Elite Trader Funding stands out in the competitive prop firm market.
Elite Trader Funding Key Features
Evaluation Options
Trader-Friendly Policies
Elite Trader Funding supports popular platforms like NinjaTrader, Tradovate, Rithmic, and TradingView. They offer a wide range of futures instruments, including equity, forex, agricultural, energy, interest rates, and metals futures.
With its user-friendly approach and attractive profit-sharing model, Elite Trader Funding is an excellent option for traders looking to scale up their futures trading career.
3. Topstep
Born in the bustling Chicago Board of Trade pits, Topstep has grown into a leading futures prop firm. With over 12 years of experience funding traders, Topstep offers a unique path to professional trading through its Trading Combine® program. This innovative approach helps traders hone their skills, build discipline, and develop solid habits while being evaluated for funding.
Topstep Key Features
The Topstep Edge
Trader-Friendly Policies
Topstep supports popular platforms like NinjaTrader and Tradovate, offering access to major futures exchanges including CME, CBOT, COMEX, and NYMEX. With its focus on trader development and generous profit-sharing model, Topstep stands out as a top choice for aspiring futures traders.
4. OneUp Trader
Founded in 2017, OneUp Trader has quickly become a go-to futures prop firm for traders seeking funding without the usual hassles. This Delaware-based company offers a straightforward one-step evaluation process, with account sizes ranging from $25,000 to $250,000. What sets OneUp Trader apart is its no-nonsense approach to fees and rules, making it an attractive option for both novice and experienced traders.
OneUp Trader Key Features
Evaluation Process
Trader-Friendly Policies
OneUp Trader supports popular platforms like NinjaTrader, rTrader, and Photon. They offer a wide range of futures instruments, including equity, forex, agricultural, energy, and metals futures.
With its user-friendly approach and generous profit-sharing model (90% split, with 100% on the first $10,000), OneUp Trader stands out as a top choice for aspiring futures traders looking to scale up their careers.
5. UProfit
Founded in 2019, UProfit has quickly become a top contender in the futures prop firm arena. Based in Texas, this firm offers a unique one-step evaluation process, making it easier for traders to access substantial capital. With account sizes ranging from $9,000 to $200,000, UProfit caters to both newcomers and seasoned traders alike. Their focus on static drawdown sets them apart from many competitors, offering a fresh approach to risk management.
UProfit Key Features
Evaluation Process
Trader-Friendly Policies
UProfit offers trading on CME, NYMEX, COMEX, and CBOT futures markets. Their range includes equity, forex, agricultural, energy, interest rates, and metals futures.
With its straightforward approach and generous profit-sharing model, UProfit stands out as a top choice for futures traders looking to scale up their careers without the usual complexities of multi-step evaluations.
6. MyFundedFutures
Founded in 2022, MyFundedFutures has quickly become a top contender in the futures prop firms arena. Based in Texas, this firm offers a unique one-step evaluation process, making it easier for traders to access substantial capital. With account sizes ranging from $50,000 to $150,000, MyFundedFutures caters to both newcomers and seasoned traders alike. Their focus on flexible trading conditions sets them apart from many competitors, offering a fresh approach to funded trading.
MyFundedFutures Key Features
Evaluation Options
Trader-Friendly Policies
MyFundedFutures offers trading on CME, CBOT, NYMEX, and COMEX futures markets. Their range includes equity, forex, agricultural, energy, interest rates, and metals futures.
With its straightforward approach and generous profit-sharing model, MyFundedFutures stands out as a top choice for futures traders looking to scale up their careers without the usual complexities of multi-step evaluations.
7. Apex Trader Funding
Founded in 2021, Apex Trader Funding (ATF) has quickly become a top player in the futures prop firms arena. Based in Austin, Texas, ATF offers a unique one-step evaluation process, making it easier for traders to access substantial capital. With account sizes ranging from $25,000 to $300,000, ATF caters to both newcomers and seasoned traders alike. Their focus on generous profit splits and flexible trading conditions sets them apart from many competitors, offering a fresh approach to funded trading.
Apex Trader Funding Key Features
Evaluation Process
Trader-Friendly Policies
ATF supports popular platforms like NinjaTrader, Tradovate, and TradingView. They offer a wide range of futures instruments, including equity, forex, agricultural, energy, interest rates, and metals futures.
Selecting the ideal futures prop firms requires careful consideration of several key factors. Start by assessing the firm's reputation and track record in the industry. Evaluate their funding options, account sizes, and profit-sharing models to ensure they align with your trading goals.
Consider the range of futures instruments offered and the trading platforms supported. Pay close attention to the evaluation process, including profit targets and drawdown limits. Compare fee structures and payout policies across different firms.
Look for additional benefits like educational resources, mentorship programs, or community support. Finally, read reviews from other traders and, if possible, test the firm's demo account or take advantage of any trial periods.
Common Queries on Futures Prop Firms
How do futures prop firms make money?
They primarily earn through a share of profits generated by their traders, and sometimes through subscription fees or educational programs.
What are the benefits of trading with a futures prop firms?
Benefits include access to larger capital, advanced trading tools, and the opportunity to trade without risking personal funds.
What types of futures can I trade with prop firms?
Most prop firms offer trading in equity, forex, agricultural, energy, interest rate, and metals futures on major exchanges like CME and CBOT.
What is the typical profit split in futures prop trading?
Profit splits usually range from 80% to 90% for the trader after passing the evaluation, with some firms offering 100% on initial profits.
Are futures prop firms regulated?
While there's no specific regulation for prop firms, most are registered companies that must comply with general business regulations.
What trading platforms do futures prop firms support?
Common platforms include NinjaTrader, Tradovate, and TradingView, but offerings vary by firm.
What are the risks of trading with a futures prop firms?
Risks include potential loss of evaluation fees, strict performance requirements, and the possibility of account termination if rules are violated.
🔮 Made Your Choice for Your Futures Prop Firms Ally
And there you have it, folks!
The world of futures prop firms is buzzing with opportunities for traders of all levels. From someone who is just getting started to someone looking to scale up your trading game, there's likely a firm out there that fits your style.
Remember, it's not just about the biggest account size or the flashiest features. The best prop firm for you is the one that aligns with your trading goals, risk tolerance, and personal preferences. So, take your time, do your homework, and maybe even try out a few different options.
Who knows?
Your next big trading breakthrough might be just around the corner. Happy trading, and may the future be ever in your favor!
