Hey everyone. Today, we’re diving into the world of proprietary trading firms as we unveil our best 10 picks for November 2024. Our rankings are based on in-depth, firsthand experiences with these standout companies, so you can trust that we’re delivering the most reliable recommendations.
Best 10 Proprietary Trading Firms of November 2024
So, let’s dive into our roundup of the top 10 proprietary trading firms for November! Whether you’re a seasoned trader or just starting out, there’s something here for everyone. Let’s get started!
10. TradingFunds
Ranked 10th on our list, TradingFunds is a prominent proprietary trading firm established in February 2023 under the leadership of Philip Hall. Headquartered in Dubai, United Arab Emirates, the firm has quickly built a strong reputation within the trading industry. TradingFunds provides traders with two unique funding programs. It has a two-step evaluation process and a streamlined one-step evaluation, catering to account sizes between $10,000 and $100,000. Both programs include scaling options, empowering traders to tailor their experience to align with their unique trading goals and strategies. The firm collaborates with a tier-1 liquidity provider to deliver top-tier simulated real-market trading conditions, complemented by the robust and user-friendly TraceLocker trading platform.
9. Funded Trading Plus
Ranked 9th on our list, Funded Trading Plus is a well-known proprietary trading firm established by Simon Massey in December 2021. The firm provides a variety of funding programs tailored to accommodate the diverse needs and preferences of traders. These options include three two-step evaluations, a one-step evaluation, and an instant funding program, with account sizes ranging from $5,000 to $200,000. Each program includes a scaling feature, enabling traders to expand their accounts over time. With five unique funding pathways available, traders can choose the option that aligns best with their goals and trading strategies.
Funded Trading Plus collaborates with ThinkMarkets as its broker, ensuring a secure and dependable trading environment. Traders also benefit from access to a range of platforms, including MetaTrader 5, MetaTrader 4, Match-Trader, DXtrade, and cTrader, each offering specialized tools to enhance the trading experience. This combination of flexible funding options, cutting-edge technology, and reliable infrastructure makes Funded Trading Plus an excellent choice for traders aiming to advance their careers and achieve financial success.
8. FunderPro
FunderPro takes the 8th spot on our list as a distinguished proprietary trading firm established by Gary Mullen in February 2023. The firm provides a variety of funding programs tailored to meet the diverse needs and ambitions of traders. These include two two-step evaluations and a one-step evaluation, with account sizes ranging from $5,000 to $200,000. Each program is equipped with a scaling option, offering traders ample opportunities to grow their accounts over time. With three well-structured funding pathways, traders can choose the program that best matches their goals, strategies, and preferences. On the technology front, FunderPro partners with a tier-1 liquidity provider to deliver a stable and trustworthy trading environment. Traders also gain access to the advanced TradeLocker platform, featuring cutting-edge tools and functionalities to optimize their trading performance.
7. TopTier Trader
Ranked 7th on our list is TopTier Trader, a leading proprietary trading firm founded in October 2021. Based in Florida, USA, and led by CEO Jamal Hollingsworth, the firm stands out for its strong leadership and clear strategic direction. TopTier Trader offers a single funding program that includes a two-step evaluation, with account sizes ranging from $5,000 to $300,000. Each account comes with additional scaling options and a variety of customizable add-on features, allowing traders to adjust the program to better suit their individual goals and trading preferences. On the technology side, TopTier Trader partners with ThinkMarkets as its broker, ensuring a stable and secure trading environment. Traders also have access to the advanced TradeLocker platform, which provides a comprehensive set of tools and features designed to optimize the trading experience.
6. E8 Markets
Securing the 6th position in our rankings is E8 Markets, a leading proprietary trading firm founded by Dylan Elchami in November 2021. Headquartered in Dallas, Texas, E8 Markets offers an extensive range of funding programs designed to provide traders with various options. These include a two-step evaluation, two three-step evaluations, two one-step evaluations, and customizable two-step and three-step evaluations. Account sizes range from $5,000 to $400,000, with additional scaling opportunities available. This broad selection of programs gives traders the flexibility to choose the one that best suits their objectives and preferences.
To ensure traders experience realistic market conditions, E8 Markets partners with a tier-1 liquidity provider and Virtual Markets. Additionally, traders can access platforms such as cTrader, Match-Trader, and MetaTrader 5, all equipped with advanced tools and features to enhance their trading capabilities. The combination of flexible funding options and cutting-edge technology makes E8 Markets an attractive choice for traders looking to achieve their financial goals and hone their trading skills.
5. FTMO
Ranked 5th on our list is FTMO, a highly respected proprietary trading firm that has been offering trader funding since September 2015. Headquartered in Prague, Czech Republic, and led by CEO Otakar Suffner, FTMO has become a recognized leader in the prop trading industry. The firm provides a single, well-structured funding program that includes a two-step evaluation process, with account sizes ranging from $10,000 to $200,000, along with optional scaling opportunities. So, this flexibility enables traders to choose the account size that best suits their goals and preferences. To ensure traders experience realistic market conditions, FTMOpartners with a tier-1 liquidity provider for its brokerage services. Additionally, traders can access a variety of powerful platforms, including MetaTrader 4, MetaTrader 5, cTrader, and DXtrade, all equipped with essential tools and features to support diverse trading strategies. This range of platforms, combined with FTMO’s robust services, enhances the overall trading experience.
4. FXIFY
Ranked 4th on our list is FXIFY, a leading proprietary trading firm founded in May 2023 by David Bhidey and Peter Brown. Based in London, UK, FXIFY offers a diverse range of funding programs tailored to meet the needs of various traders. These include a two-step evaluation, a three-step evaluation, and a one-step evaluation, each designed to align with specific trading objectives. Account sizes range from $5,000 to $400,000, with scaling options available, providing traders with the flexibility to select the program that best fits their goals. To ensure realistic market conditions, FXIFY partners with FXPIG, and traders can choose from platforms such as MetaTrader 4, MetaTrader 5, or DXtrade, all equipped with advanced tools and features to enhance the trading experience. This combination of flexible funding opportunities and robust technological support makes FXIFY a compelling choice for traders aiming to reach their financial objectives and elevate their trading skills.
3. FundedNext
Securing the 3rd position in our rankings is FundedNext, a dynamic trading firm founded in March 2022 and led by Syed Abdullah Jayed. Headquartered in Dubai, United Arab Emirates, FundedNext has quickly made its mark in the industry. Also, the firm offers a range of funding programs, including three two-step evaluations and three one-step evaluations, with account sizes ranging from $5,000 to $200,000, all featuring scaling options. These versatile programs allow traders to choose the plan that best aligns with their trading goals and preferences. On the technology side, FundedNext utilizes its proprietary FundedNext Server for brokerage services. Traders can select from platforms such as MetaTrader 4, MetaTrader 5, or cTrader, each offering the tools necessary to support their individual strategies. This combination of flexible funding options and advanced technology makes FundedNext an attractive choice for traders seeking to enhance their trading experience and achieve their financial objectives.
2. The5%ers
Taking 2nd place in our November rankings is The5%ers, a resilient proprietary trading firm founded in January 2016 and led by Saul Lokier. With offices in both Israel and London, UK, The5%ers has built a strong reputation within the prop trading industry. The firm offers a variety of funding programs, including two-step and three-step evaluations, as well as a direct funding option. These programs support account sizes ranging from $5,000 to $250,000, with scaling opportunities available. This flexibility enables traders to choose the plan that best matches their trading goals and preferences. On the technology side, The5%ers provides direct market access through its broker, partnering with a tier-1 liquidity provider. Traders can access the widely-used MetaTrader 5 platform, renowned for its powerful features and global popularity in the trading community.
1. Funding Pips
So, at the top of our November rankings is Funding Pips. It is an innovative trading firm founded in August 2022 by Khaled Ayesh. Based in the United Arab Emirates, Funding Pips has rapidly established a strong global presence within the proprietary trading industry. The firm offers a diverse range of funding programs. This includes three two-step evaluations, a one-step evaluation, and a three-step evaluation, with account sizes ranging from $5,000 to $100,000, all featuring scaling options. This broad selection allows traders to choose the account type and size that best suits their trading goals and strategies.
To ensure realistic market conditions and dependable trade execution, Funding Pips partners with a tier-1 liquidity provider. Traders also have the flexibility to choose from multiple platforms, including cTrader, Match-Trader, and TradeLocker. Each offers advanced tools and features to enhance their trading experience. This combination of flexible funding options and robust technological support positions Funding Pips as an appealing choice for traders seeking to grow their skills and achieve their financial objectives.
Lastly, for more details about these firms, watch the full Best 10 Proprietary Trading Firms of November 2024 Video:
As we conclude our list of the top 10 proprietary trading firms for November 2024, we want to emphasize that these rankings are based on our personal experiences with each company, ensuring you receive an honest and well-researched perspective.
Also, don’t forget to check the Discount Codes we offer for various prop firms.
