Best 10 Prop Trading Firms of August 2024 What’s New?

Howdy, guys! Today, we’re going to dive into ranking some of the industry-leading proprietary trading firms. Specifically, we’ll be highlighting the best 10 prop trading firms for August 2024.

These rankings are based on our personal experiences with these companies and within the industry. We’ll cover a very brief overview of some standout prop firms and take a quick look at their offerings to traders. Hopefully, this will help you see what the top firms are doing and perhaps figure out which one is right for you.

Best 10 Prop Trading Firms of August 2024!

So, let’s dive into the best 10 prop trading firms for August 2024!

FunderPro

Alright, first up, in the 10th spot for this month, is FunderPro. FunderPro has been doing a remarkable job in the industry. They’ve grown exponentially since launching in February 2023. They offer a wide range of funding programs tailored to meet different types of traders. These options include two-step evaluations and a one-step, with account sizes ranging from $5,000 to $200,000, each featuring a scaling option. This allows traders ample room for capital growth so they can select the best program that suits their trading objectives and preferences.

Funded Trading Plus

Taking the 9th spot on our list is Funded Trading Plus, a prominent prop trading firm incorporated in December 2021. Funded Trading Plus provides a wide range of funding programs designed to cater to various trading needs and preferences. These include two-step evaluations, a one-step evaluation, and a direct funding option. Account sizes range from $5,000 to $200,000, and each program offers a scaling feature, giving traders the opportunity to grow their accounts.

TopTier Trader

Ranked 8th on our list is TopTier Trader, a leading proprietary trading firm founded in October 2021. Based out of Florida, USA, they are known for strong leadership and strategic direction. The firm offers a single funding program, which includes a two-step evaluation with account sizes ranging from $5,000 to $300,000, with scaling options and add-on features available.

FTMO

Seventh on our list is FTMO, a prop firm we’ve spoken about regularly. Established in September 2015, they are based in Prague, Czech Republic, and have become a leading name in the industry. FTMO offers a single structured funding program with a two-step evaluation process and account sizes ranging from $10,000 to $200,000, each with optional scaling features.

E8 Markets

Next, we have E8 Markets, ranked 6th. Established in November 2021 and based in Dallas, Texas, they offer a variety of funding programs, including two-step and three-step evaluations and account sizes ranging from $5,000 to $400,000. Their partnerships with tier-one liquidity providers ensure realistic market conditions for traders.

Alpha Capital Group

For the 5th spot, we have Alpha Capital Group, a London-based firm established in November 2021. They offer two funding programs with a two-step evaluation process, with account sizes ranging from $5,000 to $200,000 and additional scaling options. 

FXIFY

Coming in 4th is FXIFY, a London-based firm founded in May 2023. They offer a range of funding programs, including two-step, three-step, and one-step evaluations, with account sizes from $10,000 to $400,000. 

FundedNext

Our 3rd-place firm is FundedNext, founded in March 2022 and based in Dubai. They offer a range of programs, including three two-step evaluations and three one-step evaluations, with account sizes from $5,000 to $200,000. 

Funding Pips

Second place goes to Funding Pips, launched in August 2022. Operating globally from the UAE, they offer a wide range of funding programs, including two-step, one-step, and three-step evaluations. Account sizes range from $5,000 to $100,000, with scaling options available. 

The5ers

And finally, taking the top spot for August 2024 is The5ers. Founded in April 2020 with offices in Israel and London, they offer a variety of funding programs, including two-step, three-step, and direct funding, with account sizes ranging from $5,000 to $250,000. They provide direct market access through their broker.

Well, that concludes our ranking of the best 10 prop trading firms for August 2024! You can find more details about the firm in the Video:

Lastly, don’t forget to check out the Discount Codes we offer for various prop firms and stay updated with the Latest Prop News.