Forex Prop Firms — Complete List & Comparison (Updated 2026)

This page lists every forex prop firm in our coverage and compares them on the rules that decide whether you actually keep the money. The shortlist tables run first; per-firm mini-cards, tier breakdowns, and pricing snapshots follow.

Quick answer — the 2026 forex prop landscape

Forex prop firms sell paid evaluations on simulated MT4/MT5/cTrader/TradingView accounts. Once you hit the profit target without breaching drawdown, you receive a funded account with the same rules and a profit-split payout cycle. The retail forex prop space is older and more mature than the futures side, with several firms running 5+ years.

• Platforms: MT5 dominant, cTrader rising, TradingView/MatchTrader/DXtrade also common.
• Drawdown mechanics: static (most), end-of-day trailing, end-of-day lock, intraday.
• Splits: 80/20 standard, 90/10 with add-on, 100/0 on premium tiers.
• Payouts: bi-weekly most common, weekly with add-on, monthly at some firms.
• Balances: $5K floor to $4M aggregate scaling cap.
• Geographic restrictions: vary widely — verify per firm before buying.

The shortlist — 22 forex prop firms

Top tier — proven forex props with multi-year payout histories

FTMO, FundingPips, The5ers, and FundedNext are the four firms with verified payout histories over $100M lifetime each. They share three traits: rule transparency on the help center, no retroactive policy changes, and consistent payout processing within stated windows.

FTMO — the European original

FTMO launched in 2015 and remains the brand-volume leader in EU forex prop (33.1K monthly searches). The static drawdown is the simplest mechanic in the market — your account fails only if equity hits the loss line. 80% profit split on the standard product, 90% on the Swing add-on. Bi-weekly payouts. Paul has cycled FTMO for 4+ years with $15K+ in lifetime payouts.

FundingPips — tunable payout cadence

FundingPips is unique in letting you pick weekly (60% split), bi-weekly (80%), or monthly (higher %) payout cadence. $2M aggregate scaling cap. MT5 only. Strong for traders who want to optimize cashflow vs total take.

The5ers — 100% profit split and aggressive scaling

The5ers pays 100% profit split with no scaling stages on Hyper Growth and Bootcamp products. $4M aggregate scaling cap is the highest in forex prop. Paul tested The5ers Futures (Black Arrow beta) and pulled $9K in 3 months.

FundedNext — Stellar 1-Step + Bolt

FundedNext runs Stellar 2-Step, Stellar 1-Step, Stellar Lite, and Bolt (instant-style) products. 95% profit split on Stellar 1-Step at the top tier. $284.6M+ in cumulative trader payouts as of 2026. Paul has tested across all four products for 2+ years and pulled $12K+ lifetime.

Mid tier — solid rules, shorter history or specific niche

Niche & specialty forex props

Some forex props target specific trader profiles. Maven Elite is built for high-conviction swing traders who want a 10-business-day cycle with prop-style risk parameters. Fintokei targets day-traders with instant ~3h payouts and TradingView native. Brightfunded pays 15% during evaluation (rare) plus up to 100% on funded — built for slow-profit grinders.

• Maven — Elite tier 70/30, 10-business-day cycle, swing-friendly.
• Fintokei — instant ~3h payouts, TradingView native, day-trader focus.
• Brightfunded — pays 15% on evaluation profit (rare), 100% on funded.
• City Traders Imperium — monthly payouts, 80-100% split, longer hold model.
• Rebels Funding — proprietary RF-Trader platform, 5-tier evaluation structure (Copper to Diamond).
• Lark Funding — 4h average payout processing, bi-weekly cycle.

Pricing — entry evaluations under $100

The cheapest forex evaluation we track is Moneta $5K 2-Step at $39. FTMO $10K starts at $89. The5ers Bootcamp $4K from $39 (varies). Pricing scales roughly linearly with account size up to $100K, then becomes firm-specific.

Choosing the right forex prop

Match mechanic to holding period first, then optimize cost. Day traders who close everything by session end can pick any drawdown type — static is simplest. Swing traders who hold 2-7 days should pick static or EOD-lock; avoid intraday-trailing. Position traders who hold weeks should pick FTMO Swing, The5ers Hyper Growth, or Maven Elite. After mechanic fit, optimize cost with active discount codes.

• Define holding period.
• Pick mechanic that survives your worst-case drawdown timing.
• Match platform to existing skill (don't learn MT5 the week of an evaluation).
• Check country eligibility.
• Apply current discount code at checkout.
• Start with smallest balance to test full payout cycle before scaling.

Drawdown mechanics in forex — what each one means

Static drawdown dominates forex prop. The threshold is fixed at evaluation start (typically initial balance minus 10%) and never moves regardless of profit. FTMO, FXIFY, Moneta, FundingPips all use static. End-of-day trailing — common on the futures side — is rising on forex (Alpha Capital, Maven, Goat). End-of-day lock variants (Brightfunded, FundedNext) lock the threshold once it reaches the initial balance and only push up from there. Intraday trailing is rare in forex but Fintokei uses it. Static is the simplest forex mechanic; intraday trailing is the strictest.

Forex platforms compared

MT5 is the dominant platform in 2026 forex prop, with 60%+ of firms supporting it. MT4 lingers at older firms (Ultimate Traders, partial FTMO). cTrader is the rising-star platform among 2024-2026 firms (Goat Funded Trader, Blueberry, DNA, Fintokei). MatchTrader is a newer broker-side platform offered alongside MT5 at several firms. TradingView native execution is rare but available at Fintokei and FundedNext via DXtrade integration.

Country eligibility — common restrictions

Country restrictions on forex props vary widely. The5ers blocks US residents on certain products due to US retail forex regulation. FundedNext blocks several MENA jurisdictions. FTMO operates broadly but blocks OFAC-sanctioned countries (Iran, North Korea, Syria, Cuba, parts of Ukraine, Venezuela). Most firms accept EU residents but verify on the specific firm page — some 2024+ entrants restrict EU customers due to MiFID II concerns. Always verify country eligibility before purchase rather than after.

Payout methods on forex prop

Forex prop payouts route through bank wire, Rise, Wise, or crypto (USDT/USDC). Bank wire is slowest (3-5 business days) but universally supported. Rise is the modern default at most major forex firms (24-48h, no fees). Wise supports the broadest international coverage (24-48h, low fees). Crypto payouts in USDT clear fastest (minutes to hours) and avoid currency conversion friction for international traders. Method availability varies by firm and trader country.

Tax treatment of forex prop payouts

Forex prop payouts are taxable income in the trader's jurisdiction. US: 1099-MISC self-employment income above $600 per calendar year — the firm files a 1099 with the IRS. Germany: §22 Nr. 3 sonstige Einkünfte unless the activity qualifies as Gewerbe. UK: typically business income subject to self-assessment. Australia and Canada treat it as business income at scale. UAE and most Gulf jurisdictions have no personal income tax. Always consult a local tax advisor — forex prop tax treatment is an evolving area in several jurisdictions, particularly in the EU where MiFID II creates additional reporting complexity.

Long-term funded-account survival on forex

Three practices keep forex funded accounts alive past the average 30-90 day lifespan. First, request payouts aggressively — money out of the account cannot be lost in the next breach. Second, treat the funded account like a job, not a lottery — never deviate from your evaluation strategy. Third, accept that drawdown breaches happen — buy resets cheap, learn the lesson, and rebuild. Top forex funded traders in our coverage cycle multiple accounts per year. Paul has held FTMO accounts for 4+ years with consistent payouts; that longevity is rare and typically requires a strategy with sub-2% per-day risk profile.

Add-ons — Swing, news, scaling, weekend

Forex prop firms sell add-ons that modify evaluation rules. FTMO Swing add-on enables weekend holds and news trading. FundingPips offers a Weekly payout add-on cutting cycle from bi-weekly to weekly. FundedNext Bolt is an instant-style add-on tier. Moneta Phoenix Tier 1 add-ons unlock larger balances. Add-ons typically cost $30-$200 at evaluation time and apply for the life of the funded account. Stacking add-ons (Swing + Weekly + Scaling) can change a $89 evaluation into a $250 effective evaluation but unlock materially better funded-phase economics for swing traders.

Methodology

Every firm on this list has a live Sanity propFirm document with verified pricing, drawdown mechanic, profit split, platform list, and payout cadence pulled directly from the firm's help center. Re-audited quarterly. Paul-tested firms (FTMO, FundedNext, The5ers, FundingPips partial) carry payout proof in our cluster pages.

Frequently Asked Questions

What is the best forex prop firm?

FTMO has the longest verified payout history and remains the safest first choice. FundingPips offers more payout flexibility. The5ers offers the highest profit splits and scaling. FundedNext offers the broadest product range. Best depends on your strategy holding period and platform preference.

How much do forex prop firms cost?

Entry forex evaluations cost $39-$89 for $5K-$10K accounts. Mid-tier $50K-$100K runs $259-$599. Top-tier $200K runs $849-$1,299. Discount codes routinely cut 20-30% off — check firm pages before buying.

What is the easiest forex prop firm to pass?

Easiest depends on strategy. Statistically, 1-step evaluations (FundedNext Stellar 1-Step, Goat 1-Step) have higher pass rates than 2-step. Static drawdown (FTMO, FXIFY, Moneta) is simpler to manage than trailing. No firm publishes pass rates except Earn2Trade (8.89%) on the futures side.

Do forex prop firms execute real trades?

Most run simulated accounts during evaluation and pay funded trader profits from a managed pool. Some firms (FTMO partial, Alpha Capital partial) route real orders on the funded phase. Behaviour is identical for retail-size orders.

What platform do most forex props use?

MT5 is the dominant platform (60%+ of firms). cTrader is rising (Goat, Blueberry, DNA, Fintokei). TradingView native is offered by Fintokei, FundedNext, and a few others via DXtrade. MT4 remains at FTMO, Ultimate Traders, and a handful of older firms.

Can I trade gold and indices at forex prop firms?

Yes — virtually every forex prop firm includes gold (XAUUSD) and major indices (NAS100, SPX500, US30, DAX40) plus oil and silver. Crypto CFDs are included at most firms. Stocks CFDs are firm-specific. Check the asset list on each firm page.

What is end-of-day trailing drawdown in forex?

End-of-day trailing drawdown means the maximum-loss threshold trails your account's highest closing equity at session end (typically 17:00 NY time for forex). If your account closes higher, the threshold rises. It does not move intraday — only at the daily server rollover.

Which forex prop firm has the highest profit split?

The5ers Hyper Growth and Bootcamp pay 100% on the funded phase. Brightfunded reaches 100% via scaling. TopOneTrader Prime/Nova pay 100%. Fintokei reaches up to 100/0. Apex pays 100% on the futures side but is not a forex firm.

Are forex prop firms legit?

The 22 firms on this list have verified team identities, public Trustpilot pages, and documented payout histories. FTMO, FundingPips, The5ers, and FundedNext are the safest legitimacy bets. Newer firms (under 18 months operating) carry higher risk regardless of marketing claims.

Can I hold positions over the weekend?

Most forex prop firms allow weekend holds on standard accounts. FTMO Swing add-on is built for weekend holds. Some restricted accounts (typically lower-cost 1-step variants) forbid weekend holds — read each firm's specific rules before buying.

What countries are restricted from forex prop firms?

Restrictions vary widely. Sanctioned countries (Iran, North Korea, Syria) are universally blocked. The5ers blocks US residents on certain products. FundedNext blocks several MENA jurisdictions. FTMO is open in most countries. Always verify on the firm's terms page before purchasing.

How do forex prop payouts work?

Most firms pay bi-weekly (every 14 days) or weekly with an add-on. Methods include bank wire, Rise, Wise, and crypto (USDT/USDC). After the first payout, subsequent cycles process faster — typically 24-48h after request. Crypto payouts clear fastest.

Can I trade news at forex prop firms?

FTMO, FundedNext, FundingPips, and The5ers allow news trading on standard accounts. Some Swing/Pro products explicitly include news trading. Restricted 1-step variants typically ban open positions 2 minutes either side of tier-1 releases. Check the specific product page.

What is the best forex prop for swing trading?

FTMO Swing, The5ers Hyper Growth, and Maven Elite are the three most swing-friendly. They allow weekend holds, news trading, and use mechanics (static or EOD-lock) that do not punish overnight gaps. Avoid intraday-trailing firms for swing strategies.

Are there forex prop firms with no time limit?

Most modern forex props have removed evaluation time limits. FTMO removed time limits in 2024. The5ers Bootcamp has no time limit. FundedNext Stellar variants have no time limit. Some legacy 2-step products still impose 30-60 day windows — verify before buying.