In this article, I will discuss the best prop firms for US traders. These firms offer great opportunities for traders to access capital, with flexible rules and competitive profit splits.
Whether you’re a seasoned trader or just starting out, finding the right prop firm can significantly enhance your trading career and provide the funding necessary to succeed.
Key Points & Best Prop Firms For US Traders List
| Prop Firm | Funding Type | Minimum Trading Days | Profit Split | Maximum Drawdown | Initial Capital | Platform |
|---|---|---|---|---|---|---|
| FundedNext | Account Funding | 10-30 days | 75%-90% | 10%-12% | $25k-$200k | MetaTrader 4/5 |
| The 5%ers | Account Funding | 30 days | 50%-75% | 4%-6% | $24k-$200k | MetaTrader 4/5 |
| Funded Trading Plus | Account Funding | 10-20 days | 75%-90% | 5%-10% | $25k-$200k | MetaTrader 4/5 |
| FTMO | Evaluation Program | 10-30 days | 70%-90% | 5%-10% | $10k-$200k | MetaTrader 4/5 |
| The Forex Funder | Account Funding | 10-30 days | 50%-75% | 4%-6% | $25k-$200k | MetaTrader 4/5 |
| E8 Markets | Evaluation Program | 10-30 days | 75%-85% | 5%-10% | $25k-$500k | MetaTrader 4/5 |
| OFP | Account Funding | 20-30 days | 50%-70% | 4%-6% | $10k-$200k | MetaTrader 4/5 |
| PipFarm | Account Funding | 10-30 days | 75%-90% | 4%-6% | $25k-$500k | MetaTrader 4/5 |
| FXCI | Evaluation Program | 10-30 days | 75%-80% | 5%-10% | $25k-$200k | MetaTrader 4/5 |
9 Best Prop Firms For US Traders
1.FundedNext
FundedNext – a top proprietary trading firm for traders in the United States is funded here. It is well noted that the profit split is enticing, ranging from 75% – 90% and they offer wardrobe traders up to $200k in starting capital.
Having a flexible trading rules coupled with a minimum trading period of 10-30 days makes it a haven for US traders looking for funding and advance in their trading career.
Pros:
- goodness! look at those profit splits ranging from 75% to 90%.
- You will love the flexible trading rules and strategies.
- needless to say, it offers funding up to 200k.
Cons:
- Expect a bare minimum requirement of trading days (10-30 days).
- You might face hurdles in sticking to the drawdown limits.
- The evaluation process is quite rigorous in FundedNext.
2.The 5%ers
The 5%ers is one of the finest prop firms for US traders. The firm offers a profit split of 50 to 75 percent while funding traders up to 200k. Close to a month with a minimum trading period of 30 days
The 5%ers has a long term growth strategy and supports traders showcasing their true skill set, making it one of the best for US traders.
Pros:
- Funding can go as high as $200,000.
- Supports constant growth in capital.
- Low minimum trading days (30 days).
Cons:
- Profit splits are lower than average (50% – 75% ).
- Duration of evaluation may be inconvenient for some traders.
- Risk allocation has more restrictions when trading.
3.Funded Trading Plus
Funded Trading Plus is popular among us traders that seek prop trading as they offer the greatest capital allocation. The firm is among the best for traders since its profit split schemes are between 75-90 percent
While also offering an initial capital of up to $200k. The program requires the trader to trade for 10 to 20 days, making it easier for them to showcase their methods. Funded Trading Plus indeed is geared towards US traders who want to grow their trading career.
Pros:
- High profit allocation (75%-90%).
- Provides a capital of $200k.
- Flexible risk management rules offered.
Cons:
- Minimum requirements for trading days may be restrictive.
- Drawdown limits can be problematic for some traders.
- Evaluation stage could be time and labour intensive.
4.FTMO
FTMO, one of the finest prop firms in the United States, claims to have one of the most seamless evaluation procedures. Prop Split of 70-90% with a funded amount of $200,000 are some of the features which FTMO offers.
The minimum trading duration is also interesting as it paces between 10 and 30 days giving the traders enough time to showcase their expertise and get funded. It’s a go-to option for any prop trader in the United States.
Pros:
- Up to $200k in funding.
- A well known and trusted platform amongst global traders.
- High profit splits (from 70% to 90%).
Cons:
- Evaluation process is very harsh.
- Very specific drawdown risk and trading rules.
- Some traders may consider minimum trading days excessive.
5.The Forex Funder
A great prop firm for traders from the United States is The Forex Funder. With funding amounts of up to $200k, the firm has profit splits from an impressive 50% to 75%.
Its traders have to trade for a minimum period of 10 – 30 days, giving them enough time to showcase their skills. Because of its great conditions and adaptable terms, The Forex Funder is perfect for American traders looking to expand their businesses.
Pros:
- Funding reaches up to a maximum of $200k.
- Minimal trading days for flexible evaluation.
- Competitive profit splits ranging from 50%-75%.
Cons:
- Compared to other firms, profit splits are on the lower side.
- May not fit all traders during evaluation.
- Drawdown options and risk tolerance are limited.
6.E8 Markets
E8 Markets is revered among prop firms for US traders. They offer funding with a range of $50k up to $500k and boast profit splits from 75% to 85%.
The trader will be required to pass a minimum of 10-30 days of trading, giving them an opportunity to display their skills. All in all, E8 Traders has strong funding and favorable terms which makes it an attractive prospect for traders.
Pros:
- Ability to finance over $500k.
- Appealing profit shares (75%-85%).
- Diverse methods for trading.
Cons:
- A minimum period of trading is required (10-30 days).
- Can be slow and tedious.
- Risk management is advanced and drawdown is restricted.
7.OFP
OFP, the leading prop firm for US traders which accommodates both professional traders as well as newcomers. Besides profit splits which vary from 50-70 percent, OFP also offers funding as high as $200,000.
Traders are also required to demonstrate their strategies to grow their accounts within a timeframe between 20 to 30 days trading period.
With its flexible rules and other trader friendly terms, OFP is of great advantage to Angels trading in the US markets seeking more Capital along numerous opportunities.
Pros:
- Financing of almost $200,000 is made available.
- Freelancers earn 50% – 70% of the total profits which are competitive profit shares; this is a very good offer for commission based workers.
- Very simple evaluation process.
Cons:
- Other firms seem to have much more ground for comparison than cash splits.
- Limited variation in the methods of trading.
- Trades must be executed for at least 20-30 days as the minimum requirement.
8.PipFarm
PipFarm is perhaps one of the thriving proprietary trading firm s US traders would prefer. PipFarm offers great opportunities for most traders with a funding of up to $500k and a profit split from 75% to 90%.
The minimum time frame for trading is 30 days which allows PipFarm traders to use their strategies, plans, and systems. Advanced practical terms and a focus on achieving results by traders makes PipFarm appealing to US traders who needs funding.
Pros:
- Provides funding of as much as $500,000.
- Split of profits range from 75 to 90 percent.
- Fast evaluation.
Cons:
- Minimum days required to trade is between 10 to 30.
- Too low withdrawal limits.
- Too much restriction on risk with certain strategies.
9.FXCI
FXCI is ranked among the best proprietary trading firms in the USA. FXCI has account sizes of up to $200,000 and pays out between 75-80 percent on profit splits. A trader must engage in trading activities for a minimum of 10 to 30 days.
This enables them to showcase their proficiencies over an extended period of time. With favorable funding and other terms, FXCI nages to provide US traders a great chance to grow in their trading profession and gain success.
Pros:
- Funding up to $200k is available.
- High performance fees (75%-80% split).
- Effortless and swift evaluation.
Cons:
- Drawdown limits may be on the high side.
- Base trade time (10-30 days).
- Risk management rules can be more lenient.
Conclusion
In summary, the top prop firms for US traders have different ways to fund the accounts, loose rules around trading, and generous profit distributions. FundedNext, FTMO, and E8 Markets allow traders to increase their capital, which is beneficial for traders.
Your trading approach, willingness to take risks, and the preferred type of evaluation should inform your choice of a firm to secure progress and achievement in trading.
