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List of Prop Trading Firms 2024

Check out our comprehensive list of prop trading firms this 2024.

By GI Team

List of Prop Trading Firms 2024

Proprietary trading firms are important in financial markets, influencing trends and adding to liquidity. As we enter 2024, let’s examine some important proprietary trading firms that are major players in the industry.

What is a Prop Firm?

A proprietary trading firm, often referred to as a “prop firm”. They fund traders with money to trade with bigger positions, take more risks, and use advanced trading tools, software, and resources.

Traders within these firms benefit from a profit-sharing or commission structure. Experienced traders earn part of the profits they make from trading. While the company keeps some as payment for providing funds and assistance.

Prop trading is unlike traditional trading because it focuses solely on making money for the company, not clients. Joining a prop firm helps beginners enhance their trading skills and learn from seasoned professionals.

People must grasp the risks and pick a prop trading firm that fits their trading goals and style carefully. Traders can explore various aspects. Aspects such as trading platforms, styles, risk management, and strategies offered by prop trading companies. When evaluating a proprietary trading company, consider profit-sharing, trading tools, and customer support.

Choosing a prop firm with coaching, support for experienced traders, and fair fees can enhance your trading experience. Whether you’re interested in stock trading, options, forex, or other financial markets, this decision is crucial.

List of Prop Trading Firms 2024

Proprietary Trading Firm

CEO

Location

Founded

Alpha Capital Group

 George Kohler

London, UK

March 2022

Apex Trader Funding

Darrell Martin

Austin, Texas

2021

AquaFunded

Jason Blax

United Arab Emirates

2023

Audacity Capital

Karim Yousfi

London

2012

Bespoke Funding

Zak Wilding and Lewis Kaler

Cambridge, UK

2022

Blue Guardian

Sean Bainton

United Arab Emirates

2021

Breakout Prop

N/A

Vancouver, British Columbia, Canada

N/A

BrightFunded

Mohammad Naimur Alam Piash

Bangladesh

2016

City Traders Imperium

Daniel Martin, Martin Najat

London

2018

Crypto Fund Trader

Alan Sanchez

Spain

N/A

Darwinex

Javier Colón, Juan Colón, Miguel Angel González

Europe, Middle East, and Africa

March 20, 2012

E8 Funding

Dylan Elchami

Dallas, Texas

November 2021

Earn2Trade

N/A

N/A

January 2019

Elite Trader Funding

Clint Chaney, Kanwal Singh, and Eric

Delaware, USA

2022

FTMO

Otakar Šuffner

Czech Republic

2015

FXIFY

David Bhidey, Peter Brown, and Bobby Winters

London, England, United Kingdom

N/A

Fidelcrest

Jussi Hallikas

Nicosia, Cyprus

September 2018

For Traders

N/A

N/A

N/A

Forex Capital Funds

Finn ter Wal and Stefan Verheul

Netherlands, Europe

July 2023

Funded Engineer

Tristian Talbot

Dubai

N/A

Funded Trading Plus

Simon M

London

N/A

FundedNext

Abdullah Jayed

United Arab Emirates & Bangladesh

March 2022

Funding Pips

Khaled Ayesh

Dubai

25th of August, 2022

Funding Traders

N/A

N/A

N/A

Glow Node

Sam Bradbury and Ryan Beasley

London, UK

9th of April, 2022

Goat Funded Trader

Angelo Ciaramello

Spain

May 12, 2021

Instant Funding

N/A

N/A

N/A

Lark Funding

Bill Lark

Singapore

November 2018

Maven

Chris Hunter

N/A

N/A

Ment Funding

Blake Olson

Texas

October 2020

MyFlashFunding

Blake Carter

United States

27th of April, 2023

MyFundedFX

Matthew Leech

Dallas, Texas

June 2022

My Funded Futures

N/A

N/A

N/A

Skilled Funded Traders

Omar Agag, Palden Bhutia, and Riz Iqbal

N/A

2022

Smart Prop Trader

Blake Olson

Austin, Texas, United States

January 6, 2023

Swift Funding

Carl Reuterskiöld

N/A

3 May 1973

The 5%ers

Gil Ben Hur

Ra’anana, HaMerkaz, Israel

N/A

The Funded Trader

Angelo Ciaramello, Blake Olsen, and Carlos Rico

N/A

May 2021

The Trading Pit

Thomas Heyden

N/A

2022

Topstep

Michael Patak

Chicago

2021

Traddoo

N/A

British Virgin Islands

2022

Trade The Pool

Michael Katz

United Kingdoms

N/A

TradeDay

James Thorpe and Steve Miley

Illinois, USA

2020

Traders Launch

N/A

N/A

N/A

True Forex Funds

 Richard Nagy

 Győr, Hungary

October 2021-May 2024

How to Choose the Forex Prop Firm for Beginners

When choosing a forex prop firm for beginners, it is essential to consider several key factors to make an informed decision. Here’s a detailed guide on how to choose the right prop firm:

Evaluation and Research

  • Specific Goals and Needs: Be specific about your trading goals and needs.
  • Comprehensive Research: Thoroughly research and evaluate several factors. Including the platform’s analytical tools, the firm’s reputation, evaluation process and your personal trading goals.

Trading Accounts and Funding

  • Account Size and Funding Options: Consider the account size options and funding programs offered by the firm.
  • Demo Accounts and Trial Periods: Look for a firm that provides demo accounts or trial periods for practice and evaluation.

Risk Management and Trading Skills

  • Experienced Traders and Risk Management: Choose a firm that offers opportunities to learn from experienced traders and has well-defined risk management policies.
  • Trading Skills and Education: Consider firms that offer educational resources and trading contests for skill development.

Trading Styles and Strategies

  • Alignment with Trading Interests: Find a firm that aligns with your trading interests and goals, considering different trading strategies.

Profit Share and Fees

  • Profit Share and Fee Structure: Compare profit splits, commission fees, drawdown and other costs across different firms.

Trading Tools and Platforms

  • Analytical Tools and Trading Platforms: Evaluate the trading tools and platforms offered by the firm.

Reputation and Track Record

  • Firm’s Reputation: Research the firm’s reputation, track record, and regulatory status, if applicable.

Beginners can pick a forex prop firm that matches their trading style, goals, and risk tolerance by considering these factors. Thorough research, evaluating multiple firms, and being clear about personal trading priorities and expectations are vital.

For more information to boost your trading success, visit our website. There, you can find detailed reviews of forex proprietary trading firms and stay updated with the latest prop firm news and discounts.

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