Best Prop Trading Firms for Stocks of February 2024 - Analyzing Alpha (2024)

Listen up, stock traders! Are you seeking the best stock prop trading firm to elevate your skills? Look no further; we’ve got you covered!

You’ll need to consider several crucial factors to find the best stock prop trading firm, such as its reputation and specialized markets. Additionally, you’ll want to evaluate which firms offer the highest profitability, most effective risk management tools, and educational resources for trader growth.

But how do you know which is the best stock prop trading firm? Don’t worry; we’ve tested each and researched for you!

Keep reading for our top five picks for the best stock prop firms and a guide to help you choose the right one.

  1. FTMO

    4.7

    FTMO is the premier proprietary trading firm for forex traders. FTMO has a unique 2-step evaluation process to discover trading talent. Successful traders can remotely manage an account with a balance of up to $400,000. FTMO's educational resources, account analysis, and performance coaching provide traders with the tools and support to achieve financial independence. Join FTMO and start trading with confidence.

    Challenge Difficulty:

    4.3

    Profit Share:

    5.0

    Educational Resources:

    5.0

    Customer Support:

    5.0

    Community Engagement:

    4.0

    Pros:

    • Well-established and trusted
    • Fast scaling plan
    • Access data from liquidity providers
    • No swing trading limits
    • 1:100 leverage

    Cons:

    • Limited trading platforms
    • Challenging evaluation process
    • Slightly more expensive than alternatives

    Join NowOur Review

  2. City Traders Imperium

    4.5

    City Traders Imperium is one of the best prop firms on the market. It offers generous profit splits, programs that support different trading styles, and access to top-tier educational content. While the fees are slightly above average, CTI is worth it.

    Challenge Difficulty:

    3.5

    Profit Share:

    4.3

    Educational Resources:

    5.0

    Community Engagement:

    4.5

    Pros:

    • Scaling profit shares up to 90%
    • Instant funding available
    • Good to educational resources
    • Excellent community
    • Free trials

    Cons:

    • Slightly higher fees
    • No crypto trading
    • No 24/7 customer support

    Join NowOur Review

  3. SurgeTrader

    4.3

    SurgeTrader is a solid proprietary trading firm that provides capital to skilled traders. It offers simple rules, optional add-ons, and multiple packages. While it has its issues, SurgeTrader is an excellent overall option for prop traders.

    Challenge Difficulty:

    4.5

    Profit Share:

    4.0

    Educational Resources:

    4.0

    Customer Support:

    4.5

    Community Engagement:

    4.5

    Pros:

    • 90% profit split
    • Free 30-day education membership
    • No recurring fees
    • No minimum trading days
    • Multiple tradable assets

    Cons:

    • Limited profit splits without paying extra
    • Restrictive maximum loss limit
    • Few education tools after 30 days

    Join NowOur Review

  4. AudaCity Capital

    4.0

    AudaCity Capital is a trusted prop firm for new and expert traders. It offers instant funding, multiple programs, and fast scaling. While AudaCity Capital has its drawbacks, such as a limited profit split, it is a reliable option for traders overall.

    Challenge Difficulty:

    4.0

    Profit Share:

    3.8

    Customer Support:

    4.5

    Community Engagement:

    3.0

    Pros:

    • Instant funding
    • Good trading and educational support
    • Long-standing positive reputation
    • No demo accounts
    • Fast scaling plans

    Cons:

    • Higher monthly fees
    • Limited profit splits
    • Asset trading restrictions

    Join Now

  5. Fidelcrest

    3.9

    Fidelcrest will help you to evaluate, train and maximize your trading potential. With access to our exclusive trading strategies and skills, you can expect to make sustainable long-term profits. Backed by our cutting-edge technology and experienced staff, investing with us is easy and secure. Join Fidelcrest today and take your trading career to the next level.

    Challenge Difficulty:

    4.0

    Profit Share:

    4.3

    Educational Resources:

    3.0

    Customer Support:

    5.0

    Community Engagement:

    3.0

    Pros:

    • Manage up to $2M
    • Trade multiple assets
    • No minimum trading days
    • Excellent customer support
    • Speedy payouts

    Cons:

    • Strict evaluation process
    • 30-day trading period limits
    • No telephone customer support

    Join NowOur Review

  6. Trade The Pool

    4.2

    Trade stocks with Trade The Pool’s money and keep 80% of your profits. No need to risk your own capital or follow the PDT rule. Trade The Pool is a stock trading prop firm backed by The5ers.com, a reputable online prop firm since 2016.

    Challenge Difficulty:

    4.5

    Profit Share:

    3.8

    Educational Resources:

    4.0

    Customer Support:

    4.5

    Community Engagement:

    4.0

    Pros:

    • 14-day free trial
    • Relaxed, transparent trading rules
    • One-step evaluation process
    • Excellent customer support + Discord channel
    • Over 12,000 tradable stocks and ETFs

    Cons:

    • Mediocre profit split depending on program
    • Tradable assets are limited to stocks and ETFs

    Sign Up NowOur Review

A Closer Look at Our Top Stock Trading Firms

FTMO: Best for Education Category

  • What we love about FTMO: FTMO is a highly reliable proprietary trading firm. Its impressive profit shares and rapid scaling strategies make it an excellent option for all kinds of stock traders.
  • Who FTMO is good for: New stock traders looking to grow their skills. FTMO provides a wide range of educational resources, such as tutorials, webinars, and mentorship programs through its Trading Academy. Traders can also benefit from FTMO’s educational apps that aid in tracking trades and analyzing the stock market.

Want an inside look? Read our full FTMO Review.

City Traders Imperium: Best for Big Balances Category

  • What we love about CTI: City Traders Imperium offers growing profit splits, programs to accommodate all trading styles, and the option for instant funding.
  • Who CTI is good for: Traders seeking massive accounts. City Traders Imperium lets you manage as much as $4,000,000, blowing other stock prop trading firms out of the water.

Want more details? Read our in-depth City Traders Imperium Review.

SurgeTrader: Best for Multi-Asset Trading Category

  • What we love about SurgeTrader: This proprietary trading firm provides traders with easy-to-follow rules, various trader programs, and the ability to grow your account over time.
  • Who SurgeTrader is good for: Traders who trade multiple financial instruments. SurgeTrader doesn’t just limit you to stocks; you can also trade forex, metals, oils, cryptocurrencies, and select equities.

Still hungry? Read our comprehensive SurgeTrader Review.

AudaCity Capital: Best for Fast Growth Category

  • What we love about AudaCity Capital: AudaCity capital offers fast scaling plans, no commissions or swap fees, and access to one-on-one expert mentoring.
  • Who AudaCity Capital is good for: Stock traders seeking growth. AudaCity Capital doubles your account size every time you reach a 10% profit target. You can manage up to $500,000 by proving your profitability and taking advantage of expert mentors.

Want more? Read our AudaCity Capital Review.

Fidelcrest: Best for Experts Category

  • What we love about Fidelcrest: Fidelcrest provides traders with exceptional profit splits, no minimum trading day restrictions, and the option to manage up to $2,000,000 through their scaling plan.
  • Who Fidelcrest is good for: Expert stock traders. Fidelcrest lets you get funded fast and rewards profitable traders with more capital. The firm doesn’t offer much in terms of education, so Fidelcrest is best for experienced traders with a tried-and-true strategy.

For a more detailed look, check out our comprehensive Fidelcrest Review.

A Beginner’s Guide to Stock Prop Firms

What is a stock prop trading firm?

Stock prop trading firms provide traders with the capital and infrastructure to trade stocks on behalf of the prop firm. By leveraging their trading skills, traders generate profits and share a percentage of their earnings with the firm.

In exchange, the prop firm offers traders funded accounts and valuable resources to help them thrive and excel in the stock trading industry.

How do I qualify to work at a stock prop trading firm?

Prop trading firms seek out traders with experience generating profits through stock trading. Often, these firms will require prospective traders to complete a trading challenge. This challenge typically involves practicing trades on demo accounts to meet specific objectives before receiving funding.

Pros and cons of trading with a stock prop trading firm

Here’s our list of pros and cons for trading with stock prop firms!

Pros:

Get a funded account to increase earnings potential

Join a community of swing traders

Use educational resources and trading tools

Potentially make more money than typical bank jobs

Cons:

Some prop firms don’t allow swing trading

Fees can get expensive

Traders must share their profits with the firm

How we choose the best prop trading firms for stocks

We’ve handpicked the top stock prop trading firms based on the following key factors:

  • Challenge difficulty: Are the firm’s rules strict or accessible to beginners?
  • Profitability: What percentage of profits do traders keep? Does the firm offer opportunities for growth?
  • Educational resources: How many tools and resources does the firm provide for traders?
  • Customer support: Does the firm have responsive and helpful customer service?
  • Community engagement: Does the firm foster a sense of community and provide platforms for traders to connect?

Frequently Asked Questions

Is trading for a stock prop firm worth it?

Stock prop firm trading can be rewarding, contingent upon factors like skill, experience, payout structure, risk, and capital requirements. Thorough research is crucial when choosing a prop trading firm.

How much do stock traders make at prop trading firms?

Earnings for stock traders at prop firms vary widely based on experience, performance, and profit splits. Some may earn little, while others achieve six-figure incomes. Market fluctuations also influence prop firm earnings, with favorable conditions increasing potential profits.

Can you trade stocks on FTMO?

Yes! In fact, we ranked FTMO as the best prop trading firm for stocks in the market. FTMO allows you to trade indices and stocks through CFDs.

What are the best stock prop firms with no challenge?

City Traders Imperium offers the Direct Funding Program for stock traders seeking instant funding without evaluation. Immediate funded account access is provided, but this option is best suited for experienced traders with exceptional risk management abilities.

The Bottom Line

Our analysis of the top five stock prop firms highlights each of their dynamic offerings, including cutting-edge technologies, profit shares, and innovative strategies. These firms support diverse trading styles, providing invaluable tools for those looking to succeed in the volatile stock market.

We expect these firms to continue to lead the industry, helping traders like you take your portfolio to new heights. And for an even bigger breakdown of your options, we recommend looking at our comprehensive list of the Best Prop Firms in the industry. May your trading journey be prosperous and rewarding!

Best Prop Trading Firms for Stocks of February 2024 - Analyzing Alpha (2024)

FAQs

What is the best funding prop firm in 2024? ›

Comparison of the Best Firms for Prop Trading
Company NameProfit splitMaximum capital
FX2 Funding85%$200000
FTMOUp to 90%$400,000
Lux Trading Firm75%$10 million
Audacity Capital50%$500,000
10 more rows
5 days ago

Which is the most trusted prop firm? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

What is the best futures funding company? ›

Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

How many traders pass prop firms? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

Which prop firm gives real money? ›

Prop Trading Firms with Real Capital
Proprietary Trading FirmProvided with Real Capital
FunderPro
Funding Pips
FXIFY
Glow Node
35 more rows
Apr 26, 2024

Which prop firm offers instant funding? ›

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

Which prop firm has the tightest spreads? ›

Coinexx: Coinexx offers tight spreads starting from as low as 0.0 pips. Providing traders with cost-effective trading conditions. XM: it is recognized for its low spreads, with some of the currency pairs often having spreads as low as 0.0 pips during favorable market conditions.

Why is FTMO banned in the US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

Do prop firms really pay out? ›

There is nothing inherently scammy about the business model of prop firms. But how do they make money then? For starters, prop firms, of course, do not give money to just anyone who asks. Typically, they have a multi-stage evaluation process to make sure the traders they employ know what they are doing.

Which futures is most profitable? ›

What futures are most profitable? Trading in futures markets such as the Micro E-Mini Russell 2000 (M2K), Micro E-Mini S&P 500 (MES), Micro E-Mini Dow (MYM), and Micro E-Micro FX contracts can be highly profitable due to their distinct market characteristics.

Which is the cheapest prop firm? ›

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

Who is the worlds best futures trader? ›

Best Futures Traders in the History of Futures Trading
  • Richard Dennis and the Turtle Traders. ...
  • Paul Tudor Jones. ...
  • Ed Seykota. ...
  • Bruce Kovner. ...
  • Larry Williams. ...
  • The Lessons from the Legends.
Feb 25, 2024

Which prop firm has the fastest payout? ›

Funding Pips and Maven lead the rankings with the most frequent pay-outs, offering transactions every 5 days. Close behind, Traddoo and Funded Trading Plus offer weekly pay-outs. Smart Prop Trader, with its 12-day pay-out cycle, caters to those with a trading style that can accommodate less frequent access to funds.

Are prop firms worth it? ›

Is working with a prop firm worth it? There are many unique advantages that make working with a prop firm worth it. These include access to unique software and information, trading with the firm's capital, and cashing in a large portion of your winnings.

How much does the average prop trader make? ›

The salary of a prop trader can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year, while a senior trader can make upwards of $500,000 annually.

Is Funded Next trustworthy? ›

Fundednext is one of leading and trusted funding prop firms in the world, if you are looking to start trading a huge capital up to $300,000. Having tested it, I highly recommend you go ahead and sign up with Fundednext.

Which prop firm has the lowest spread? ›

Smart Prop Trader is one such low spread prop firm offering trading accounts with very low discrepancies between the asking price and the bid or spreads that generally average low.

Which prop firm has no daily drawdown? ›

Real Prop Funding: The Prop Firm With No Max Daily Drawdown

At Real Prop Funding you only have to Pay once, pass the test and get virtual funding! Keep up to 90% of profits, trade anytime, and hold trades over the weekend.

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