In this article, I will talk about Instant Funding Prop Firms With No Evaluation, which is an emerging concept in the trading world that offers traders the opportunity to get funded right away. Prop firms like FundedNext, MyFundedFX, E8 Funding, The Funded Trader, True Forex Funds, Smart Prop Trader, Funding Pips, FunderPro, Leveled Up Society, and SurgeTrader enable traders to receive instant funding with high-profit-sharing percentages and flexible trading conditions.
Why Choose Instant Funding Prop Firms With No Evaluation
Instant Funding Access
Traders can reach the funding right away and begin live trading without having to complete multiple steps and tests.
High Profit Percentage
The majority of such firms provide an opportunity to obtain 80 – 95% of profits for traders.
Various Trading Styles Are Allowed
Scalping, EAs, and other methods are permitted in most cases, which is not available everywhere.
Fast Payouts
You can receive the money weekly, bi-weekly, or even daily, depending on the provider.
No Evaluation Stress
You do not have to undergo any stressful evaluations, tests, or trials before funding.
Key Point & Instant Funding Prop Firms With No Evaluation
| Prop Firm | Best For |
|---|---|
| FundedNext | Forex & indices traders |
| MyFundedFX | High-volume scalpers |
| E8 Funding | Swing traders |
| The Funded Trader | Experienced FX traders |
| True Forex Funds | Forex-focused traders |
| Smart Prop Trader | Beginners needing fast access |
| Funding Pips | Small account traders |
| FunderPro | Crypto + FX traders |
| Leveled Up Society | Traders seeking flexibility |
| SurgeTrader | Large capital traders |
1. FundedNext
FundedNext was founded in 2022 in Dubai/UAE and has become one of the largest prop firms in the world. The broker offers instant funding accounts up to $4,000,000. Profit splits start at 80% and can reach 95%, among the highest in the industry. Evaluation fees begin at $32.99, whereas instant accounts are more expensive (e.g., $299 for $10K).
Traders are paid out every two weeks, with the first payouts being possible within 5 days. FundedNext allows scalping, EAs, and copy trading, but martingale and HFT are prohibited. The broker’s unique feature is paying traders even in the evaluation phase. Overall, FundedNext is great for those who want fast payouts and instant scaling.
FundedNext Details
- Founded: 2022
- Location: Dubai/UAE
- Max capital: $4,000,000
- Profit split: 80–95%
- Instant funding + bi-weekly payouts
- Entry fees: from $32.99
| Advantages | Disadvantages |
|---|---|
| High profit split up to 95% | Higher fees for instant funding |
| Bi-weekly payouts, first in 5 days | Restrictions on martingale/HFT |
| Scaling up to $4M | Limited platform options |
| Pays traders during evaluation | Rules can be strict for beginners |
| Strong global reputation | Entry costs rise with account size |
2. MyFundedFX
MyFundedFX is a brokerage firm established in 2023 in the United States. This company provides Evaluation, Express, and QuickPass challenges. The account sizes vary depending on the chosen tier, with smaller accounts reaching up to $300,000, with profit splits ranging from 80% to 90%.
Entry fees start at $59 and larger ones costing up to $1,499. MyFundedFX is among the first to offer funding on multiple platforms, including MT4, MT5, cTrader, DXTrade, and Match-Trader. Withdrawals are made within 1-7 days, and payouts increase with consistent performance.
MyFundedFX was founded by former MFF executives, and the company was created in response to the closure of MyForexFunds. This firm appears to be an attractive option for those who wish to fund accounts on multiple trading platforms and make swift withdrawals.
MyFundedFX Details
- Founded: 2023
- Location: USA
- Max capital: $300,000
- Profit split: 80–90%
- Multi-platform: MT4, MT5, cTrader, DXTrade
- Entry fees: from $59
| Advantages | Disadvantages |
|---|---|
| Multi-platform support (MT4, MT5, cTrader, DXTrade) | Smaller max capital ($300K) |
| Fast withdrawals (1–7 days) | Profit split capped at 90% |
| Affordable entry fees ($59+) | Newer firm, less proven track record |
| Flexible challenge types | Limited scaling compared to rivals |
| Built by ex-MFF team | Reputation still building |
3. E8 Funding
Established in 2021 and based in Dallas, Texas, this E8 Funding broker has been branded as E8 Markets. The account sizes start from $5,000 to $500,000 here, while the company allows increasing deposits to $1,000,000. Profit splits range from 80% to 100%, depending on the program.
The E8 Zero program is a 1-step evaluation with no consistency rules, while E8 Signature offers a fixed 80% split. Costs start around $175 for either a $25K account. Payouts can be daily (from $100 or bi weekly withdrawals, depending on the chosen plan.
The broker provides access to MT5, cTrader, MatchTrader, TradeLocker platforms and has paid over $65M to its traders. It is advisable to choose E8 Funding if one wishes to benefit from flexible terms and high payout percentages.
E8 Funding Details
- Founded: 2021
- Location: Dallas, USA
- Max capital: $1,000,000
- Profit split: 80–100%
- Multiple programs: E8 Zero, Signature
- Entry fees: from $175 for $25K
| Advantages | Disadvantages |
|---|---|
| Profit split up to 100% | Entry fees higher ($175+) |
| Large scaling up to $1M | Strict consistency rules in some programs |
| Multiple programs (Zero, Signature) | Complex payout structures |
| Daily payout option | Rules vary by program, can confuse traders |
| Strong U.S. base reputation | Limited beginner-friendly options |
4. The Funded Trader
The Funded Trader is a recent (launch in 2021) US-based (Texas) agent offering accounts up to $2,500,000. Profit splits are highly competitive, reaching 99%. Entry fees start at $42, which makes them attractive due to their availability at a reasonable level.
The company offers several challenge types, including 1-step, 2-step, and 3-step ones, and the profit target is set at 8-10%. The drawdown policy is standard, with a 5% daily and 10% maximum drawdown allowed. The payouts are weekly, with the first one issued at the end of the first week.
The platforms to choose from include cTrader, DXTrade, and Match-Trader. Although there were some issues with payouts in 2023, the situation has stabilized, and the Funded Trader remains a good choice for those who want to get a considerable sum of money allocated and want to keep almost all of the profits.
The Funded Trader Details
- Founded: 2021
- Location: Texas, USA
- Max capital: $2,500,000
- Profit split: up to 99%
- 1-step, 2-step, 3-step challenges
- Entry fees: from $39
| Advantages | Disadvantages |
|---|---|
| Profit split up to 99% | History of payout delays (2023) |
| Large scaling up to $2.5M | Strict drawdown rules |
| Low entry fees ($39+) | Reputation mixed on Trustpilot |
| Multiple challenge formats | Rules against news/copy trading |
| Active trader community | Recovery from past issues still ongoing |
5. True Forex Funds
True Forex Funds is a brokerage company that was founded in 2021 in Brno, Czech Republic. The company offered account sizes up to $200,000, with scaling to $2,000,000. Deposits are non existent, profit sharing is up to 80%, and fees started from $89 for $10K accounts.
True Forex Funds worked with the trading platforms MetaTrader 4 and 5 and provided payouts every two weeks. Nevertheless, the company went bankrupt in 2024 and now traders are left with unpaid balances.
The company was popular for its low fees and unlimited evaluation period; however, it is closed now, and traders should fund their accounts with other companies such as FundedNext or E8.
True Forex Funds Details
- Founded: 2021
- Location: Czech Republic
- Max capital: $200,000 (scaling $2M)
- Profit split: 80%
- Entry fees: from $89
- Closed: 2024
| Advantages | Disadvantages |
|---|---|
| Affordable fees ($89+) | Shut down in 2024 |
| Scaling up to $2M | Unpaid balances left traders stranded |
| Unlimited evaluation time | Reputation damaged permanently |
| MT4/MT5 support | No longer operational |
| Popular in Europe | Not a viable option today |
6. Smart Prop Trader
This brokerage was founded in 2022 in the United States (and in Spain). Smart Prop Trader offers account sizes from $10,000 to $200,000. The company pays between 80% and 90% of profits. The minimum deposit is $59. The broker offers both one and two-step evaluations as well as standard drawdown terms (no more than 5% per day and 10% in total). You can get payouts within 2-5 days.
The broker offers MT4 and MT5 platforms and allows its clients to use EAs and copy trade. This is a great option for algorithmic traders. Smart Prop Trader allows to make a profit from trading by scaling your account 10% up on each payout. Smart Prop Trader is an ideal broker for those who want to invest small amounts of money and scale their accounts.
Smart Prop Trader Details
- Founded: 2022
- Location: USA/Spain
- Max capital: $200,000
- Profit split: 80–90%
- 1-step & 2-step evaluations
- Entry fees: from $59
| Advantages | Disadvantages |
|---|---|
| Affordable entry ($59+) | Smaller max capital ($200K) |
| Profit split up to 90% | Limited payout frequency |
| 1-step & 2-step evaluations | Scaling slower than rivals |
| Allows EAs & copy trading | Less global recognition |
| Consistent scaling rewards | Rules stricter for beginners |
7. Funding Pips
Founded in 2022, Funding Pips is based in Dubai. The company provides accounts with a maximum size of $200,000, with scaling to $2,000,000 via its “Hot Seat” program. Profit sharing can be between 80% and 100% depending on the number of payouts and milestones. The entry fees are among the lowest available in the industry and start from $19.
The company offers 1-step, 2-step, 3-step, and zero-step accounts. Payouts are fast and can be weekly, bi-weekly, or even daily, with the majority being withdrawn within 5 days. MT5, ctrader, and Match-Trader are the platforms available. Funding Pips is perfect for budget-minded investors who want quick payouts, and there are several programs to choose from.
Funding Pips Details
- Founded: 2022
- Location: Dubai
- Max capital: $200,000 (scaling $2M)
- Profit split: 80–100%
- Multiple programs: 1-step, 2-step, instant
- Entry fees: from $19
| Advantages | Disadvantages |
|---|---|
| Very low entry fees ($19+) | Smaller max capital ($200K) |
| Profit split up to 100% | Rules vary across programs |
| Fast payouts (within 5 days) | Limited platform support |
| Multiple program types | Reputation still growing |
| Scaling up to $2M | Less established than big firms |
8. FunderPro
Founded in 2023 in Malta, FunderPro allows to open up an account with a maximum size of $200,000, with scaling to $5,000,000. The company promises to pay from 80% to 90% of the profits from the trade.
There are several options for the deposit: One-Phase – 10%, Classic – 2-step and Pro – 2-step with consistency. Pro accounts have a possibility to decide for themselves when to withdraw money. This broker provides such payment methods as MT5, cTrader and TradeLocker.
FunderPro seems to be great for people who want to get frequent deposits and have full control over the terms of a deal. A lot of traders consider this company to be great because it is transparent and quick in payouts – they get their income within 8 hours.
FunderPro Details
- Founded: 2023
- Location: Malta
- Max capital: $200,000 (scaling $5M)
- Profit split: 80–90%
- One-Phase & Classic programs
- Entry fees: from $69
| Advantages | Disadvantages |
|---|---|
| Scaling up to $5M | Higher fees ($69+) |
| Fast payouts (within 8 hours) | Profit split capped at 90% |
| Multiple programs (One-Phase, Classic, Pro) | Strict consistency rules in Pro |
| Transparent rules | Smaller starting capital ($200K) |
| Strong reputation for clarity | Newer firm, less history |
9. Leveled Up Society
Leveled Up Society is a Miami-based prop firm established in 2022 that allows traders to open funded accounts instantly. The company’s accounts could be opened in sizes up to $200,000, with scaling potential reaching $5,000,000, which was a significant advantage for ambitious traders.
The profit split was as high as 80%, and the deposit fees ranged from $79 for a $5K account to $1,199 for a $200K account, depending on the chosen challenge. The firm introduced a 1-step and 2-step challenge, with a required profit target of 14% in the former case.
Withdrawals were possible every day, which is an unusual feature for a prop firm, but they were only available in crypto. The company was closed in 2024 or 2025 and acquired by AlphaTraders.
Leveled Up Society Details
- Founded: 2022
- Location: Miami, USA
- Max capital: $200,000 (scaling $5M)
- Profit split: 80%
- Daily payouts + crypto-only withdrawals
| Advantages | Disadvantages |
|---|---|
| Daily payouts | Shut down in 2024–2025 |
| Scaling up to $5M | Strict 14% profit target |
| Affordable fees ($79+) | Crypto-only withdrawals |
| Multiple challenge types | No automated trading allowed |
| Fast funding process | Acquired by AlphaTraders, reputation lost |
10. SurgeTrader
The company was founded in 2021 in Florida, USA. SurgeTrader provided trading accounts with a maximum scale of up to $1,000,000. Profit splits ranged from 75% to 90%, with entry fees starting at $250. The company introduced an innovative single-phase “Audition” model which required a 10% profit target, a 5% daily profit, and a 10% maximum drawdown.
Withdrawals from the trading account were processed every two weeks, and the company provided access to the MT4 and MT5 platforms. However, SurgeTrader closed down in 2024 due to losing their platform licenses. This broker was popular among traders because of the high level of account scaling, but now it is no longer available.
SurgeTrader Details
- Founded: 2021
- Location: Florida, USA
- Max capital: $1,000,000
- Profit split: 75–90%
- Single-phase “Audition” challenge
| Advantages | Disadvantages |
|---|---|
| Large scaling up to $1M | Shut down in 2024 |
| Profit split up to 90% | Limited challenge types |
| Simple 1-step “Audition” model | Higher fees ($250+) |
| MT4/MT5 support | Reputation damaged by closure |
| Popular U.S. base | No longer operational |
Prop Firm Comparison
| Prop Firm | Founded Year | Max Capital | Profit Split | Entry Cost |
|---|---|---|---|---|
| FundedNext | 2022 (Dubai, UAE) | $4,000,000 | 80–95% | From $32.99 |
| MyFundedFX | 2023 (USA) | $300,000 | 80–90% | From $59 |
| E8 Funding | 2021 (Dallas, USA) | $1,000,000 | 80–100% | From $175 |
| The Funded Trader | 2021 (Texas, USA) | $2,500,000 | Up to 99% | From $39 |
| True Forex Funds | 2021 (Czech Republic) | $200,000 (scaling $2M) | 80% | From $89 (Closed 2024) |
| Smart Prop Trader | 2022 (USA/Spain) | $200,000 | 80–90% | From $59 |
| Funding Pips | 2022 (Dubai) | $200,000 (scaling $2M) | 80–100% | From $19 |
| FunderPro | 2023 (Malta) | $200,000 (scaling $5M) | 80–90% | From $69 |
| Leveled Up Society | 2022 (Miami, USA) | $200,000 (scaling $5M) | 80% | From $79 (Closed 2024–25) |
| SurgeTrader | 2021 (Florida, USA) | $1,000,000 | 75–90% | From $250 (Closed 2024) |
Conclusion
In conclusion, as the prop trading firms’ number grew, they offer a broad field of opportunities for traders who want immediate access to capital, flexible programs and profit-sharing options. Such companies as FundedNext, MyFundedFX, E8 Funding, appear attractive to day traders due to their high scalability, instant deposits and withdrawals, and relaxed requirements.
At the same time, The Funded Trader and FunderPro tend to attract more serious players, providing them with substantial funding and full transparency. True Forex Funds and SurgeTrader are examples of the firms that disappeared from the market, making it necessary for traders to pay more attention to their selection.
Overall, it is possible to notice that the prop firms offer considerable benefits to day traders and scalpers, making them ideal partners to reach millions of dollars in funding. However, it is essential to choose the firm carefully and pay attention to its reputation and terms.
FAQ
When was The Funded Trader founded?
The Funded Trader was founded in 2021 in Texas, USA.
What is the maximum capital allocation?
Traders can scale accounts up to $2,500,000, one of the largest caps in the industry.
What profit split does The Funded Trader offer?
Profit splits range from 80% to 99%, depending on challenge type and trader performance.
What types of challenges are available?
The firm offers 1-step, 2-step, and 3-step challenges, with profit targets of 8–10%.
