Hello everyone! Now, this time, we’re going to be diving into the industry’s leading prop trading firms, specifically highlighting the top 10 for May of 2024. Our rankings are based on our personal experiences with these companies. In this one, we will give you a very brief overview of each firm, kind of what they’re offering, and share some insights from broader community feedback.
Best 10 Prop Trading Firms of May 2024!
Without further ado, let’s take a look at the top 10 prop trading firms for May.
MyFundedFX
So, kicking off our list is MyFundedFX, a very good prop trading firm that was established about two years ago, in June 2022. They are based out of Texas, USA, and they’ve quickly established themselves as a significant and leading player in the industry. The firm offers a range of funding programs, including two-step evaluations, one-step evaluations, and three-step evaluations, with account sizes ranging anywhere from $5,000 to $300,000.
TopTier Trader
Coming in next is TopTier Trader, a prop trading firm founded back in October 2021. They are also based out of the USA, specifically in Florida, and TopTier Trader demonstrates really strong management from their CEO, David Gutman. They offer a single funding program featuring a two-step evaluation, with account sizes also ranging from $5,000 up to $300,000, all with additional scaling options and various add-on features.
Funded Trading Plus
Up next for this month is Funded Trading Plus, a very renowned prop trading firm. They came into the industry in December 2021 and since then, they’ve been able to offer clients a really diverse array of funding programs to choose from. These include two-step evaluations, one-step evaluations, and direct funding programs spanning account sizes anywhere from $5,000 up to $200,000. Each program is complemented by an additional scaling opportunity.
FunderPro
Next to it is FunderPro, a phenomenal prop trading firm led by Gary Mullen. They were established in February 2023, so they are one of the newer players in the industry. But since then, FunderPro has been providing clients with a variety of funding programs to choose from, including two-step evaluations and one-step evaluations. Account sizes range from $5,000 up to $200,000, with additional scaling options as well.
Finotive Funding
Up next is Finotive Funding, a prop trading firm established back in April 2021. They’re a European-based company out of Budapest, Hungary, led by CEO Oliver Newland. Oliver and the whole team have done a phenomenal job since coming into the industry. They provide a variety of funding programs, including two-step evaluations, one-step evaluations, and direct funding options. Account sizes range from $25,000 up to $200,000, with additional scaling opportunities.
E8 Markets
Coming in at around the halfway mark, here is E8 Markets, founded back in November 2021 by Dylan. So E8 Markets has emerged as a really distinguished prop trading firm, particularly in recent times. They are based out of the United States in Texas, or Dallas, to be more specific. The firm offers a really diverse range of funding programs, including a two-step evaluation, a three-step evaluation, a one-step evaluation, and an option to customize your two-step or three-step evaluations according to your trading objectives. They offer account sizes ranging anywhere from $5,000 all the way up to $400,000, still with additional scaling potential.
FTMO
Coming in fourth position for this month is FTMO, a leading prop trading firm that’s been facilitating trader funding since September 2015. They’re based out of Prague, Czech Republic. FTMO is a major force in the prop trading firm industry. The firm is offering a single funding program with various account sizes to choose from. The program involves a two-step evaluation process and accommodates account sizes ranging from $10,000 up to $200,000, with additional scaling opportunities.
The5ers
Coming in third position for this month is The5ers, a very resilient and leading prop trading firm. They were established back in April 2020 and situated in London, UK. The5ers hold a really prominent position in the prop firm industry. Within The5ers, clients are offered a variety of funding programs to choose from, including a two-step evaluation, a three-step evaluation, and a direct funding program. Account sizes range anywhere from $5,000 up to $250,000, and each is accompanied by an additional scaling opportunity.
FundedNext
Coming in second position is FundedNext, a phenomenal prop trading firm that began operations only a couple of years ago. They are based out of Dubai, UAE, and also Bangladesh. Since then, they’ve been able to really quickly establish themselves in the industry by offering a wide array of funding programs, including two-step evaluations and one-step evaluations, with account sizes ranging from $5,000 to $200,000.
Funding Pips
So, emerging as the top-rated prop trading firm for May is Funding Pips, a dynamic company that officially launched only a couple of years ago, in August 2022. Operating on a global scale, they’ve quickly established their presence within the United Arab Emirates and around the world. Funding Pips ensure optimal simulated real market conditions and utilize a tier-one liquidity provider as their broker.
If you want more details about the Best 10 Prop Trading Firms of May 2024, watch the full video:
Wrapping up our May ranking of the top 10 prop trading firms, this list is based on our firsthand experience with these companies. If any of the highlighted firms pique your interest, we encourage you to check out our in-depth Reviews. Also, don’t forget to check the Discount Codes we offer! Happy trading and I’ll see you at the next one.
