Proprietary trading firms (“prop firms”) have opened new doors for traders in India by providing funded trading accounts in exchange for passing evaluation challenges. In this guide, we explore the 10 Best Prop Firms in India that offer aspiring Indian traders a chance to trade with significant capital and keep a share of the profits. We’ve analyzed the top-ranking prop firm comparison sites and reviews to ensure this list is both comprehensive and up-to-date. Whether you’re looking for the most reliable prop firm or the one with the best refund and discount offers, you’ll find a suitable option below. Read on for a comparison of the top prop firms, detailed breakdowns of each firm’s unique features (including exclusive discounts), and answers to frequently asked questions about prop trading in India.
To kick things off, here’s a quick comparison of the best prop firms for Indian traders. The table below ranks our top 10 picks with a brief description, any special offers (refunds or discounts), and a call-to-action to get started:
(🌟 Editor’s Choice)
if you pass the challenge (no code needed)
Each of these proprietary trading firms accepts traders from India. Below, we provide in-depth information on what makes each firm stand out, their evaluation models, profit split offers, and why they might be a great choice for traders in India.
FTMO is often regarded as the gold standard in the prop trading industry, known for its reliability, excellent trader support, and consistent payouts. Founded in 2015 and based in Prague, FTMO was one of the pioneers of the two-step evaluation model that many other firms have since adopted. It has maintained an “Excellent” reputation (4.8/5 Trustpilot score) thanks to its professional approach and transparency. FTMO provides traders with a demo account challenge – upon passing, traders get to manage funded accounts up to $200,000 and keep up to 90% of profits.
FTMO’s platform and support are global, meaning Indian traders are treated on par with any other. Many successful Indian forex and stock index traders have gravitated to FTMO because of its stable trading conditions (low spreads, multiple platforms including MT4/MT5, cTrader), and the security of dealing with a well-established firm. FTMO allows trading on a wide range of instruments – from currency pairs and commodities to indices and crypto – giving traders in India access to global markets beyond what local brokers might offer. Another plus is FTMO’s free retry: if you finish the challenge in profit but under the target, you can get a free second attempt, which is very trader-friendly.
FTMO uses a 2-Step Challenge & Verification. In Phase 1, you typically need to achieve a 10% profit target (for most account types) within 30 days, and 5% in Phase 2 (Verification) within 60 days – all while respecting risk limits (e.g., 5% max daily drawdown, 10% max overall drawdown). There are no minimum days required, so fast traders can finish early, but you get up to the set time limit if needed. This balanced evaluation ensures traders demonstrate consistency and risk management. Indian traders often appreciate that FTMO’s rules are strict but fair – for instance, you can’t hold trades over major news or weekends only during the evaluation; once funded, these restrictions are lifted (you can trade news and hold trades overnight/overweek). This model has proven to select serious traders without being unrealistic.
Payouts and Scaling: FTMO’s funded accounts start with an 80% profit split to the trader, which can scale up to 90% as you gain experience or join their Scaling Plan (achieving 10% profit in 4 months with at least 2 months profitable). What stands out is FTMO’s consistency in payouts – many traders in India have reported smooth withdrawals via bank transfer, Skrill, or crypto. FTMO also refunds your challenge fee 100% upon your first profit withdrawal, effectively making the challenge free if you succeed. This refund, combined with the profit split, can be a substantial early income boost for a new funded trader.
No promo code is needed – use our exclusive FTMO link to sign up, and you’ll be eligible for a 100% refund of your challenge fee once you pass and get your first profit split. FTMO’s fee refund policy means if you succeed, you start trading with company capital at no net cost to you.
Start your FTMO Challenge (funded account up to $200k) and join the ranks of successful FTMO traders in India!
FundedNext has quickly risen in popularity, especially among traders in India and Asia, thanks to its innovative refund program and trader-centric rules. Launched in 2022 and based in the UAE, FundedNext offers both one-step and two-step evaluation options, branded as Stellar challenges. Traders can get funded with account sizes up to $200,000, similar to FTMO. FundedNext’s hallmark offer is its 120% fee refund: if you pass the challenge, not only do you get your fee back, but an extra 20% on top – essentially paying you to succeed! This is on top of the generous profit splits up to 90% that FundedNext provides to its funded traders.
FundedNext tailors its experience to be convenient globally – they support multiple trading platforms (MT4, MT5, cTrader, even the new Match-Trader) and have customer support that understands the needs of traders from India (including time-zone friendly support hours). Importantly, FundedNext has no minimum or maximum trading days in their evaluation – no time limit to hit the targets. This is a huge advantage: Indian traders who may have full-time jobs or prefer a swing trading style don’t feel rushed by a 30-day clock. You can take your time to pass the challenge, a feature only a few firms offer. Additionally, FundedNext allows cryptocurrency and local bank withdrawals via Deel – meaning you can easily receive payouts in India (Deel can transfer funds directly to an Indian bank or PayPal in INR).
FundedNext offers three challenge types
A single-phase evaluation (target ~10% profit, with risk limits around 5% daily and 10% overall drawdown). Uniquely, FundedNext even pays a 15% profit share during the challenge phase for one-step accounts – so you earn while you prove yourself. You can request your first payout just 5 days after being funded, one of the fastest in the industry.
A classic two-phase challenge (targets roughly 8% then 5%). Risk limits ~5% daily / 10% overall drawdown. You also get 15% profit share during these evaluation phases, which is uncommon elsewhere. Payouts for funded accounts are bi-weekly.
A budget two-step option with smaller targets (8% then 4%) and smaller drawdowns (4% daily / 8% overall) – ideal for those wanting to start with a lower fee (accounts start at just $32 fee for $5k funding). Profit split is standard (no share during challenge for Lite), but once funded, you still keep up to 90%.
Across all models, FundedNext emphasizes flexibility: no time limits to finish, free retries/extensions if you’re close to target, and even add-ons like relaxed drawdown for a fee. They do enforce risk rules strictly, but if you trade responsibly, FundedNext offers a very accessible path to funding.
FundedNext traders begin with an 80% profit share, which can scale to 90% as you consistently profit. The 120% refund is claimed with your first payout – for example, if you paid $100 for a challenge, you’d get $120 back. Many Indian traders appreciate this because it effectively lowers the cost of trying the challenge (you actually gain money if you pass). The firm has also built a strong community – you’ll find a lot of buzz on YouTube and Telegram around FundedNext, including from Indian trading mentors who partner with them. This means plenty of educational content and peer support for handling their challenges.
Use our link to get a 120% Refund on your FundedNext challenge fee. That’s right – enter the code/link [our link] when purchasing, and if you pass, you receive 100% of the fee back + an extra 20% as a reward! This is one of the best refund offers in the prop firm market, effectively paying you for your success.
Begin your FundedNext Challenge today and enjoy no time limit pressure and a hefty bonus when you succeed.
FXIFY (often stylized as “Fxify”) is a newer prop firm that has caught the attention of traders seeking instant funding and flexible challenge options. FXIFY specializes in forex trading challenges and offers a range of account types to cater to different trader preferences. They have one-step and two-step evaluation programs, as well as an instant funding program for those who want to skip challenges altogether. Account sizes go up to $100,000 or more, and profit splits can reach 90% for traders as they scale.
For traders in India, FXIFY’s appeal is its variety of funding models and relatively lower entry costs. The instant funding option means you can buy a funded account directly (for a higher fee) and start trading live capital without any evaluation – perfect if you’re confident in your strategy and want to earn from day one. Meanwhile, their one-step challenge has a straightforward target (around 10% profit) with industry-standard drawdown limits, but no second phase, making it faster to get funded than traditional two-step challenges. FXIFY is also known for high leverage (often 1:100) and allowing popular trading styles (news trading, swing trading) with minimal restrictions. They support MT4/MT5 platforms, which are widely used and familiar to Indian forex traders.
Traders can purchase a live funded account (for example, pay a fee to get a $10,000 account immediately) and keep up to 80-90% of profits. This option typically has a profit target instead of a time-limited challenge – for instance, you might need to hit a 10% profit on the live account before you can withdraw profits, ensuring you prove profitability on the funded account itself. It’s a higher risk (since you pay upfront and start live), but high reward if you’re confident.
FXIFY’s one-step challenge might require ~10% profit in 30 days with typical drawdown rules (e.g., 5% daily, 10% max). Traders who prefer not to split their journey into two phases find this attractive. You prove yourself once, and you’re funded.
For those who prefer the classic route (often a bit cheaper than one-step), FXIFY also offers a two-step challenge (targets like 8% then 5%, etc.). This is similar to FTMO/FundedNext style, giving a bit more leeway per phase and ensuring consistency.
FXIFY prides itself on fast profit splits – payouts are often processed weekly or on-demand (after an initial waiting period or minimum days traded). For Indian traders, receiving payouts via crypto can be quick, and FXIFY does facilitate Bitcoin/USDT withdrawals, which many international prop traders use to get funds quickly. Alternatively, payouts can be via Wise or bank transfer; Indian traders have reported using Wise (formerly TransferWise) to get USD or EUR payouts converted to INR in their local bank accounts smoothly.
Finally, FXIFY frequently runs promotions; currently you can get 18% off your challenge fees with code INVEST, making it one of the more affordable options to attempt. Their community presence is growing, with active Discord groups where traders (including folks from India) share their experiences and strategies to pass the FXIFY challenges.
Save 18% on any FXIFY challenge fee with our exclusive code INVEST at checkout. This reduces the cost and increases your effective refund (since your fee refund, if you pass, will be based on the full amount!).
Head over to FXIFY to choose your funding path – whether it’s an instant funded account or a quick one-step challenge – and apply the code INVEST for your discount. Start Challenge with FXIFY and fast-track your trading career!
OFP Funding (short for Overview Funding Program) is a prop firm that differentiates itself by offering immediate funding without the traditional evaluation challenges. This model is attractive to experienced traders who want to skip directly to trading a funded account and are willing to pay a higher upfront fee for that convenience. OFP Funding, established in 2022 and reportedly operating out of London, markets itself as an “innovative prop firm with instant funding.” Traders can get accounts funded up to around $50,000 or $100,000 (and possibly scale beyond) right away, and then focus solely on trading to meet profit targets and withdrawal thresholds.
The no-challenge model means there’s zero waiting time – you could sign up today and start trading a funded account the same day. For skilled Indian traders who are confident in their strategy and don’t want the uncertainty of passing a demo challenge, OFP provides an alternative path. It’s essentially like getting a backing or trading capital in exchange for a fee and profit share. OFP’s program also boasts up to 95% profit splits, which is among the highest in the industry, meaning once you’re trading the funded account, you keep the majority of your profits. They also allow weekly payouts, so you don’t have to wait an entire month to withdraw profits.
Instead of a challenge, OFP typically has a set of risk management rules you must follow on the live funded account (for example, a max daily drawdown and max overall drawdown). As long as you trade within those limits and generate profits, you’re good to go. Often, there may be a requirement like “achieve 10% profit before your first withdrawal” – this ensures traders don’t immediately withdraw the provided capital. Importantly, because there’s no evaluation phase, there’s no fee refund (the fee you pay is essentially the cost for them to let you trade their capital). Thus, the 15% discount code (U9NWZWZV) provided is valuable to reduce that upfront cost.
OFP Funding is known to allow all trading styles (scalping, swing trading, algorithmic trading) as long as you adhere to the risk limits. There are no restrictions on news trading or holding trades overnight/over the weekend, which is great for traders who trade around the clock or on multiple international markets. The absence of a time limit is inherently given since it’s not a challenge – you trade at your own pace. For Indian traders, that means if you want to trade part-time or only during certain sessions (like the London/New York overlap in the evening IST), you can do so without worrying about a 30-day window expiring.
Payouts from OFP are typically done via bank transfer or cryptocurrencies. Since the company is relatively new, they are still building their track record; however, early user feedback has been positive about quick withdrawals. They have support channels (email, chat) to assist traders. Do note that instant funding isn’t cheap – you must be prepared that the fee is substantial (to offset their risk of giving you capital immediately). That said, the ability to keep 90-95% of profits means if you trade well, you can earn back the cost quickly.
OFP Funding is known to allow all trading styles (scalping, swing trading, algorithmic trading) as long as you adhere to the risk limits. There are no restrictions on news trading or holding trades overnight/over the weekend, which is great for traders who trade around the clock or on multiple international markets. The absence of a time limit is inherently given since it’s not a challenge – you trade at your own pace. For Indian traders, that means if you want to trade part-time or only during certain sessions (like the London/New York overlap in the evening IST), you can do so without worrying about a 30-day window expiring.
Get 15% off the instant funding fee with code U9NWZWZV. This is a significant saving on a high-value purchase. Input this code during registration/payment on the OFP Funding website.
With the code applied, you can Visit OFP Funding and purchase an account to start trading immediately. No exams, no waiting—just be ready to trade responsibly and profit!
The 5%ers (often styled as “The5%ers”) is one of the longest-running prop firms, established in 2016 in Israel, and it has a unique model focusing on instant funding and long-term growth of traders. Unlike challenge-based firms, The 5%ers traditionally provided traders with a live funded account from day one (hence “instant funding”), with a relatively modest profit target to reach in order to scale up the account. They gained popularity for allowing indefinite time to reach the target, emphasizing risk management over speed. This approach has attracted many traders worldwide who prefer a more relaxed evaluation and is highly suitable for swing traders or those who don’t want the stress of a 30-day deadline.
If you’re someone who likes to trade calmly or hold positions longer, The5%ers is ideal. Indian traders operating in IST can take trades on international markets and not worry about closing everything by end of month – you can even hold trades for months if that’s part of your strategy. The5%ers also offers accounts in different currencies (USD, EUR, GBP) and sometimes has programs tailored for different risk levels (they used to have Low-Risk vs Aggressive accounts). This means you can choose an account type that fits your style: Low-Risk programs give you more time and lower profit targets but smaller leverage, whereas Aggressive programs let you use higher risk to hit bigger targets faster (with higher leverage and drawdown limits). In both cases, you start with a funded account (for example, a $10,000 account where you might need to make +6% profit with no time limit to qualify for scaling).
The5%ers has a strong community and plenty of educational content. In fact, they offer webinars and coaching for their traders, helping them improve risk management – a sign that The5%ers is invested in trader development (not just churning through challenge fees). For Indian traders, this can be a great learning opportunity to level up skills while working with a prop firm. Also, payouts from The5%ers can be done via PayPal or bank transfer; Indian traders often find PayPal the easiest way to receive funds (which can then be withdrawn to local bank in INR).
Use our special referral link to get 10% off any The5%ers funding program fee. This applies to both low-risk and aggressive accounts. (No code needed – the discount is applied automatically via the link.)
Join The5%ers and start trading a funded account immediately. With patience and discipline, you can grow your funded account and enjoy profit splits as you hit targets. Take advantage of the 10% discount to save on your enrollment.
Maven Trading is a rising star among prop firms, notable for offering trader-friendly challenge conditions like no time limits and ultra-fast payouts. Maven positions itself as the “easiest forex prop firm to get funded”, and while every challenge still requires skill to pass, they definitely remove some common pain points. For traders in India, Maven Trading’s approach can be a breath of fresh air: you won’t be rushed by a ticking clock, and once funded, you can get your profits quickly and frequently.
The standout feature is unlimited time for challenges – you can take as long as you need to hit the profit target. This is huge for those who trade part-time or use strategies that might have slow months. Maven essentially focuses on whether you can meet the profit target without breaking rules, regardless of how many days or weeks it takes. They also charge no swap fees on overnight positions, which is great if you hold trades for days (carry trades won’t incur extra cost). Their customer support is 24/7 and highly responsive, helpful for traders in India who may need support during non-US hours.
Maven offers various challenge types – 3-Step, 2-Step, 1-Step, and even an Instant Funding option – giving traders flexibility similar to FXIFY or Funded Trading Plus. The 3-Step challenge has the cheapest fees (as low as $13 for a $2k account as seen on their site) but requires going through three evaluation phases with smaller targets (like ~3% each phase). The 1-Step challenge is the quickest route: one phase, around 10% target, and you’re funded. Regardless of steps, none of these have time limits, differentiating Maven from most competitors. The drawdown limits are typically around 5% daily and 10% overall (standard risk management). They also have an Instant Funding program for those who want to skip challenges, similar to OFP or The5%ers, where you start with a funded account immediately.
Maven’s profit split for funded traders is 80% by default, with opportunities to increase it as you scale or during special promotions. Payouts can be requested very quickly – some traders report receiving payouts just a few days after achieving profit. In fact, Maven touts some of the fastest payouts in the industry. They pay out via methods like Deel, crypto, or Wise, which works well for Indian traders (e.g., Deel can send INR to Indian bank accounts).
Maven Trading is fairly new but claims to be one of the highest-rated firms on Trustpilot. They emphasize never missing a payout and being transparent. While any new firm should be approached with some due diligence, Maven’s growing positive reviews and active presence (Discord, social media) indicate it’s gaining trust among traders. For Indians, another plus: the code INVEST gives a 10% discount on challenge fees, and Maven has occasionally run regional promotions in Asia, reflecting that they welcome traders from India enthusiastically.
Apply code INVEST at checkout on Maven’s site to get 10% off any challenge. This reduces your upfront cost, and remember – if you pass, Maven refunds the fee as usual, so your effective savings are even bigger.
If you value flexibility, start a Maven Trading challenge now. You can trade stress-free with no time pressure and leverage one of the most trader-centric funding programs. Don’t forget to use INVEST for your discount!
Blue Guardian is a proprietary trading firm that has been making waves due to its competitive trading conditions and diverse funding programs. Founded in 2021 and based in Dubai, Blue Guardian offers traders a choice of five different funding programs, including two-step evaluations, a one-step evaluation, a three-step evaluation, and an instant funding option. Such variety means traders can pick a program that best suits their style and risk tolerance. Blue Guardian is particularly known for its generous profit share (up to 85%) and flexible rules (they allow holding trades overnight and over weekends, and even news trading is permitted).
Blue Guardian’s location in the UAE makes it geographically closer to India than many Western firms, which sometimes translates into responsive support and maybe even familiarity with regional payment methods. More importantly, the trading conditions are attractive: leverage up to 1:100, and no maximum trading days on some programs– meaning you aren’t forced to rush evaluations. They also introduced a unique “Guardian Protector” feature which is essentially an equity protection tool to help traders manage risk (it can automatically close all trades if a certain drawdown is hit, which can save traders from breaching rules accidentally). This kind of tool is excellent for risk management, especially useful for those who can’t monitor the account 24/7.
Blue Guardian’s high 85% profit split from the first payout is one of the best starting splits (most firms start at 80%). This means if you’re a strong trader, you immediately reap more of the rewards. The firm also promises bi-weekly payouts and even allows the first payout after just 14 days of being funded, so you don’t have to wait long to get your earnings.
Typical two-phase challenges; likely targets ~8-10% then ~5%, with drawdowns ~5%/10%. The “Pro” might have different risk parameters or pricing. No time limits were explicitly noted, which suggests they give adequate time.
One phase challenge with a higher target (~10%) but only one shot needed. Blue Guardian’s 1-step comes with a trailing drawdown (this means the max loss limit trails your account equity as it grows, which is a stricter form of risk limit). Trailing drawdowns can be challenging, but the trade-off is skipping a second phase.
Lower targets per phase, cheaper fee; good for those who want to minimize cost and are okay proving consistency over more stages.
Pay a larger fee and get funded immediately. Blue Guardian’s instant accounts still have rules (like max loss) and often a profit target to clear before withdrawal. Given their other favorable terms, even the instant account likely benefits from the allowed strategies (no trading restrictions).
Security of funds and trustworthiness are often questions with newer firms. Blue Guardian has been building trust – their Trustpilot rating is 4.2/5, and they are transparent about their company details (Iconic Exchange FZCO in Dubai, CEO Sean Baiton). This transparency is a positive sign. Many traders (including some in India) have reported successful payouts on forums and reviews. Also notable: Blue Guardian supports crypto payments, so Indian traders can pay fees or receive payouts in USDT or BTC if that’s convenient, bypassing potential issues with international banking.
Lastly, we have an incredible discount for Blue Guardian – code INVEST knocks 30.5% off the challenge fees. That’s one of the highest discounts available among prop firms, making Blue Guardian’s challenges much more affordable compared to their value.
Use INVEST at checkout to get 30.5% off any Blue Guardian program fee. (Yes, 30.5% – almost a third off!) This exclusive offer makes trying Blue Guardian a no-brainer if you’re interested in their prop firm.
Ready to trade with a firm that offers high profit splits and trader-friendly rules? Visit Blue Guardian and select the program that suits you. Enter INVEST to claim your discount and begin your journey to becoming a funded Blue Guardian trader.
Funding Pips is a prop firm that offers a variety of challenge types and has gained notoriety for its large community of traders. They provide four main types of challenges, including an instant funding option (FundingPips Zero), a 1-step challenge, and two different 2-step challenges (one of them branded “X” for a tougher version). With account sizes available up to $200,000 or more and advertised profit splits as high as 95% (even 100% in certain conditions), Funding Pips markets itself as a prop firm with high earning potential for traders.
Funding Pips has one of the largest Discord communities (over 158,000 members) among prop firms. This means if you join their program, you’re entering a vast network of traders where you can share experiences, strategies, and get support. Many Indian traders thrive in community environments, and this could be a way to stay motivated and learn tips to pass the challenges. Additionally, the variety of programs means you can choose your preferred difficulty and style.
Funding Pips has had some controversies in the past (some traders raised concerns about slippage and clarity of rules). However, they appear to be working on transparency. As a trader considering them, it’s wise to read their rules carefully so you know all the fees (e.g., Activation fees: Funding Pips historically charged an additional fee after passing the challenge to activate the funded account, which caught some by surprise). If you’re aware of these details upfront, you can plan accordingly. On the plus side, Funding Pips’ payout system with “Hot Seat” is novel: it incentivizes consistent performance by increasing your profit share to 100% once you’ve proven yourself on their platform for a while (essentially turning you into an independent trader with no split).
For Indian traders, as long as you manage risk carefully and abide by the rules, Funding Pips can be a lucrative platform. The 95% profit split is among the best, and their aggressive scaling can grow your account rapidly. The company processes payouts through crypto and other global methods, so receiving funds in India should be feasible (likely via USDT or wire transfers).
We have a modest discount for Funding Pips – 5% via our link. While not huge, given the already relatively low initial fees for some of their challenges, any savings helps. More importantly, perhaps use their community as a resource; many users share their discount links or codes too, which indicates the firm encourages referrals and community building.
Get 5% off your challenge fee by signing up through our link (the discount will be applied at checkout). It’s a small token of savings to help you get started.
If you’re intrigued by the high profit splits and don’t mind carefully following the rules, start a Funding Pips challenge. Join their massive community to get insights while you work your way to a funded account. With dedication, you could reach the 100% profit share club!
Funded Trading Plus (FTP) is a UK-based prop firm that has built a solid reputation for its flexibility and trader-friendly policies. It’s known for offering multiple types of evaluation programs – including a popular One-Phase “Experienced Trader” program, a standard Two-Phase program, and even an Instant Funding “Master Trader” program – all under one roof. This means whether you prefer a fast track to funding or a more gradual assessment, Funded Trading Plus has an option for you. The firm supports account sizes from $5,000 up to $200,000, and allows scaling up to $1 million+ in some cases.
Why Indian traders might love Funded Trading Plus: Flexibility is key. For example, the Experienced Trader (1-Phase) program lets you get funded by hitting a single target (around 10% profit) without a second verification stage. The Advanced/Professional Trader (2-Phase) is akin to FTMO style for those who want a more measured approach. The Master Trader (Instant) gives immediate funding for a higher fee. This buffet of choices is great if you want to tailor the challenge to your strengths. Furthermore, Funded Trading Plus has a reputation for transparent rules and no unfair tricks – traders often commend that there are no surprise fees or ambiguous conditions.
In terms of cost, Funded Trading Plus’s programs are competitively priced, and our code FT10 gives an extra 10% off. They also frequently run seasonal sales (e.g., around holidays they might boost the discount). The profit split starts at 80% and can scale up to 90% as you continue trading and possibly join their scaling plan or higher-tier programs. Another advantage: no time limit on funding – once you’re funded, there’s typically no consistent monthly profit target you must hit. You just trade and withdraw profits as you make them; the firm doesn’t force performance quotas (aside from not violating drawdown).
Funded Trading Plus has garnered positive reviews for customer support – they have live chat and are known to be responsive in resolving issues or answering rule questions. This is important for any trader, especially if you’re new to prop firm trading; having clarifications readily available helps you avoid mistakes that could violate rules.
Use coupon code FT10 at checkout to get 10% off any challenge fee. This code works for all their programs – 1-phase, 2-phase, or instant funding – so you can save no matter which route you take.
Sign up for Funded Trading Plus and choose the program that suits your trading style. Apply FT10 for a discount. With its flexible options and trustworthy track record, Funded Trading Plus is an excellent choice to consider on your prop firm journey.
Rounding out our top 10 is FundingTraders.com, a prop firm that’s quickly making waves in the trading community. With an engaging user interface, great support, and high-profit potential, FundingTraders offers competitive funding opportunities for both new and experienced traders. Known for its flexible challenge formats and up to $400,000 in funding, this firm has attracted traders from across the globe, including many from India. If you’re looking for a prop firm with a supportive community, high profit splits, and easy-to-understand rules, FundingTraders.com is an excellent choice.
FundingTraders.com has a large online presence and a vibrant community. The firm’s Discord group is packed with thousands of traders from around the world, including many from India, giving you access to peer support, trade insights, and strategy discussions. The staff is also very active, providing updates and answering questions, which ensures you’re always up-to-date with the latest firm news, promotions, or rule changes. The Indian trading community within FundingTraders is growing, making it a great place to connect with other traders who share your goals and experiences.
FundingTraders offers a variety of challenge formats to suit different trader preferences
Ideal for traders who want to get funded quickly. With a 10% profit target and no time limit, you can take your time to meet the challenge while adhering to the firm's max drawdown rules (4% daily and 5% overall).
This classic evaluation has two phases, where you need to hit a 10% profit target in Phase 1, and 5% in Phase 2. It offers a more relaxed approach compared to other prop firms with 5% daily drawdown and 10% overall loss.
Skip the challenges and go straight to trading with real capital. You can purchase a funded account (starting at $5,000), and begin trading without having to meet an evaluation target. This is a great option for confident traders who prefer instant access to funding.
A popular option for traders who want no time limit and slightly higher profit targets (up to 10% with no deadline). This program is perfect for traders who prefer to take their time and trade at their own pace without the pressure of a 30-day deadline.
FundingTraders also hosts monthly competitions, where traders compete for cash prizes and free funded accounts. These events provide a fun way to earn funding while competing against other talented traders from all over the world. Indian traders have frequently participated and won, showcasing the firm’s global appeal.
FundingTraders.com offers up to 100% profit split for traders who perform well and reach the required milestones. While most traders start with an 80% split, this can increase as you prove your trading skills. There’s also a scaling plan that allows traders to grow their funded account sizes over time. Traders who consistently hit profit targets can have their accounts scaled up by 25% every 2-3 months, which means you could be managing $1M or more in funds if you maintain consistent performance.
FundingTraders has a reputation for fast and reliable payouts. Traders can expect weekly or bi-weekly payouts via Deel, crypto, or bank transfers. Many traders report smooth, hassle-free withdrawals. The minimum payout is low ($50 for crypto and $200 for bank transfers), and you can get your earnings quickly—often within 24-48 hours. This makes it very convenient for Indian traders who want fast access to their profits, with options for local bank withdrawals or crypto.
FundingTraders has built a reputation for being one of the most trader-friendly firms in the industry. With its easy-to-understand rules, no time limit on challenges, and flexible funding options, this firm is perfect for traders of all levels. The firm also provides 24/7 support and has a large Indian community, which helps you feel connected even if you are trading in a different time zone. Furthermore, with its competitive profit splits and instant funding options, you can earn up to 100% of your profits, which makes it one of the most rewarding prop firms available. The ability to trade a wide range of instruments and the option to scale your account over time provides immense growth potential for traders in India.
Use code INVEST for 30% off your challenge fee. This exclusive discount makes getting started with FundingTraders even more affordable.
Ready to join one of the most exciting prop firms out there? Start Challenge → and use code INVEST for a 30% discount on your challenge fee. Start trading with real capital today!
There isn’t a one-size-fits-all “best” prop firm for every trader in India, as it depends on your trading style and what you value most. However, FTMO is often considered the top choice globally and is very popular among Indian prop traders for its reliability and support – it’s our Editor’s Choice due to consistent payouts and a proven track record. FundedNext is another excellent choice, especially for those who want a generous refund (120% of fees back) and no time limits on challenges, which can be advantageous for many Indian traders who prefer a flexible pace. Other firms like The Funded Trader, Funded Trading Plus, and Maven Trading are also highly rated and have significant user bases in India. In summary, the best prop firm for you will depend on factors like: whether you want an instant funded account or don’t mind doing challenges, how much starting capital you seek, and what kind of rules you can work with. It’s always a good idea to start with our top 10 list, identify which firm’s conditions align with your needs, and maybe even try a small challenge to get a feel for it. All the firms listed here accept Indian traders and have funded successful Indian users, so you have a wealth of good options.
Yes, prop trading firms are legal for Indian residents to participate in. Prop firms operate by providing you a simulated trading account to trade on international markets (forex, commodities, indices, etc.), and they reward you with a share of the profits. Since you are trading a simulation (even though it mirrors real market prices) and getting paid a performance fee, you are not directly trading on a regulated exchange with your own money – thus Indian regulations (like RBI or SEBI rules on sending money abroad for trading) aren’t directly applicable in the same way as, say, trading foreign futures or forex on your own. Essentially, you’re purchasing a service (the evaluation or the right to trade their funds) from these companies, which is permissible. Many Indian traders legally engage with prop firms; the income you earn from prop trading is legal and is treated as self-employment or business income, which you should declare and pay taxes on as per Indian tax laws.
It’s important to use legitimate prop firms (like the ones in our list) that have clear contracts and payment procedures. You will typically receive payouts via international wire, PayPal, or crypto. If via bank transfer or PayPal, the funds come as foreign remittances, which is legal – you might be asked by your bank for the purpose of the remittance; you can clarify it as trading incentive or business earnings. In short, there’s no law forbidding Indians from taking up a prop trading account. Just ensure you pay any applicable GST on the challenge fees (some firms include this, some don’t) and pay income tax on your prop trading profits in India. When in doubt, consult a tax professional to correctly classify your earnings from prop firms.
To choose the right prop firm, you should consider several key factors in light of your own circumstances:
Are you confident enough to take a one-step challenge or prefer a two-step? Or would you rather pay more for instant funding? For example, if you want no time pressure, firms like FundedNext, Maven, or The Funded Trader (Royal) offer no time limit challenges. If you want the cheapest challenge, a 3-step like Maven or a standard two-step like FTMO might be good.
How much funding do you need and how much fee can you afford? Some firms offer $50k accounts for a few hundred dollars fee. If your strategy needs a large account (say $200k), look for firms offering that (FTMO, TFT, FundedNext, etc.). Also, take advantage of discounts – e.g., FundedNext’s refund essentially lowers your cost, or codes like INVEST (30% off) for TFT reduce the fee.
Most firms offer 80% to 90% profit splits. A higher profit split means you keep more – e.g., Blue Guardian (85% starting) or FundedNext (can reach 90%). Refund policies also matter: FTMO and others refund your fee on first payout (standard), but FundedNext’s 120% refund or TFT’s periodic extra refunds give you more.
If you trade news frequently or hold trades, ensure the firm allows it. Almost all in our list allow news and overnight holding once funded. During challenges, a few might restrict news (TFT’s standard challenge asks you not to trade major news, for example). If you use MetaTrader 5, ensure the firm supports it (most do). If you need a specific instrument (like an exotic currency or NSE stock CFD), check their instrument list.
Consider how you will get paid in India. Firms paying via Deel or Wise are very convenient since those can deposit directly to an Indian bank in INR. Many firms do use Deel (FTMO, FundedNext, etc.). If a firm only offers crypto and you’re not comfortable handling crypto, that could be an issue – though most offer at least one fiat method.
As an Indian trader, time zone alignment for support might be crucial. Check if the firm’s support is active during IST daytime (funds in Europe/Middle East like FTMO, FundedNext, Blue Guardian will have overlap with IST). A strong community (like TFT or Funding Pips) can also be a plus if you enjoy collaboration. Ultimately, research and trial is part of the process. It might be wise to try a smaller challenge with one firm to see if you like their conditions (for instance, try a $10k or $25k challenge first). Our top 10 list is a great starting point since all these firms are reputable; from here, align their offerings with your personal trading habits and objectives to make your choice.
Prop firm payouts to Indian traders typically work through international payment channels:
Many prop firms partner with Deel, a global payroll service. If your firm uses Deel, you’ll receive an email to create a Deel account. Through Deel, you can withdraw funds directly to your Indian bank account (they handle the foreign exchange, and you get INR in your account) or to other methods like PayPal or Payoneer. Deel is RBI-compliant and will often ask for PAN details for larger amounts, ensuring everything is above board.
Some firms can send money via a direct bank wire. You’d provide your bank’s SWIFT code and account details. The foreign currency (USD, EUR, etc.) would come into your account; your bank converts it to INR at the prevailing rate (some banks let you hold in a foreign currency or open an EEFC account if you’re a freelancer, but that’s optional). Wires can incur a fixed fee (typically $15-$30 deducted by intermediary banks) and conversion charges. It’s a reliable method, albeit slightly slower (2-5 days).
A few firms offer PayPal payouts. PayPal will convert the foreign currency to INR and deposit to your linked Indian bank account within a day or two. Note PayPal in India automatically does currency conversion and deducts a small fee. It’s convenient for smaller amounts.
Almost all prop firms now offer crypto payouts (usually in USDT, BTC, or ETH). If you’re savvy with crypto, this can be very fast – you could receive USDT (a USD-pegged stablecoin) to your Binance/crypto wallet, then you can sell it for INR on a crypto exchange and withdraw to your bank. Many Indian prop traders use this method to avoid bank wire fees and get money within minutes of processing. Be mindful of crypto regulations; while buying/selling crypto is not banned in India, it’s subject to taxes (and there’s a 1% TDS on crypto-to-INR conversions beyond certain amounts).
Some firms might send via Wise. Wise is excellent – they deposit locally from an Indian partner bank, so you get INR with minimal fees and very quickly. You just need to provide your bank details and IFSC code.
In all cases, you, as the recipient, should maintain records of these earnings. Prop firm payouts are considered income. While prop firms won’t deduct any tax at source (except the 1% TDS if you went the crypto route, which the exchange handles), it’s your responsibility to declare this foreign income in your Income Tax returns in India. Typically, it’ll be treated as business income or other income, and you can likely deduct the challenge fees as an expense. But consult a CA for clarity.
Payouts from prop firms to India are commonplace and generally hassle-free. Thousands of Indian traders are getting paid every month through these methods. Just choose the one you’re most comfortable with, and ensure the prop firm has that option. If fast access to funds is crucial, lean towards firms using Deel/Crypto for near-instant payouts.
