Brokers
Prop Firms
Pay a fee, pass a trading challenge, trade the firm's capital and keep most of the profit. Here are the 10 firms we track, ranked by our Radar score for a $100k account.
| Firm | Radar score | $100k challenge | Cheapest challenge | Model | Profit targets | Daily loss | Max loss | Profit split | Payouts | Platforms | Based | Our note | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. The5ers | 8.8/10 | $455 (High Stakes Classic) | $19 for a $2.5k High Stakes | High Stakes 2-step | 10% → 5% | 5% | 10% | 80% → up to 100% with scaling | First 14 days after funding, then every 14 days (min $150) | MT5, cTrader (+$10), TradingView | London, UK (office in Israel) · since 2016 | 100% split is a scaling outcome, not a day-one term. Only 70% of the fee comes back with the first payout. A cheaper 'New' variant ($405) has tighter 4% / 8% loss limits. | Review |
| 2. FTMO | 7.8/10 | €540 (≈$583, 2-step) | €79 (≈$85) for a $10k 1-step | 2-step (also 1-step) | 10% → 5% | 5% | 10% static | 80% → up to 90% with scaling | First reward from day 14; processed in 1–2 business days | MT4, MT5, cTrader | Prague, Czech Republic · since 2014 | Most established name. Fee refunded with first payout on eligible programs. Funded accounts are simulated. | Review |
| 3. FundedNext | 7.6/10 | $549.99 (Stellar 2-step) | $32.99 for a $5k Stellar Lite | Stellar 1-step & 2-step | 8% → 5% | 5% | 10% static | 80% (95% is a paid add-on) | First at 21 days (14 with a paid add-on), then every 14 days | MT4, MT5, cTrader | Ajman, UAE · since 2022 | Very popular in Nigeria and Kenya. The $100k 2-step went up from $529.99 in 2026. Check which add-ons you are paying for. | Review |
| 4. FundingPips | 7.5/10 | $529 (2-step) | $29 for a $5k 2-step Pro | 2-step | 8% or 10% → 5% | 5% | 10% static | 60% weekly · 80% bi-weekly · up to 100% (monthly / on-demand) | Weekly at 60%, bi-weekly at 80%, or monthly / on-demand for a higher split | MT5, Match-Trader, cTrader | Dubai, UAE · since 2022 | Your split depends on how often you withdraw. Fees are non-refundable. | Review |
| 5. Equity Edge | 6.9/10 | $565 (Flagship 2-step) | $15 for a $2.5k Swift 1-step | 1-step, 2-step & instant | 8% → 5% | 4% | 10% static | 80% → up to 90% | Every 14 days; firm says processing within 48 hours | MT5, Match-Trader | Rodney Bay, Saint Lucia · since 2023 | Moved from equityedge.co.uk to equityedge.io under a Saint Lucia company registered in 2025. 1-step accounts use a tight 5–6% trailing drawdown. | Review |
| 6. Goat Funded Trader | 6.9/10 | $458 (GOAT 2-step) | $36 for a $5k GOAT 2-step | 1-step, 2-step, 3-step & instant | 8% → 6% | 4% | 10% static | 80% → up to 100% (100% is a paid add-on) | Every 14 days, ~2 business days to process; first two payouts capped at 6% of the account | MT5, cTrader, Match-Trader, TradeLocker, Volumetrica | Hong Kong (Saint Lucia company) · since 2023 | Prices change often with constant discount codes. The first two payouts are capped, which limits early earnings. | Review |
| 7. Eightcap Challenges | 6.8/10 | $599 (2-step) | $59 for a $5k 2-step | 1-step, 2-step & Day Trader | 9% → 5% | 5% | 10% (static or trailing not stated) | 80% → up to 90% | First after 14 days (7 or 3 with paid add-ons); usually processed within 2 business days | MT4, MT5, TradingView, TradeLocker | Mahé, Seychelles (Eightcap group: Melbourne) · since 2009 (Eightcap broker group) | Run by a licensed broker group, which is rare for a prop firm — but the challenges are simulated and not covered by those licences. | Review |
| 8. AquaFunded | 6.5/10 | $469 (2-step Standard) | $29 for a $5k 2-step Pro | 1-step, 2-step, 3-step & instant | 8% → 5% | 5% | 8% static | 90% → up to 100% | Bi-weekly by default (weekly / on-demand cost extra); homepage says first payout after 7 days | MT5, Match-Trader, TradeLocker, cTrader (+$15) | Dubai, UAE · since 2023 | High headline split, but read the full rulebook: FXEmpire flagged rules that only show up in the funded stage. | Review |
| 9. NYS Markets | 5.5/10 | $498 (2-step) | $36 for a $5k 2-step | 1-step, 2-step & instant | 8% → 5% | 5% | 10% static | 80% → up to 100% | Review sites disagree (weekly, bi-weekly or on demand); ~24h processing | MT5 (Match-Trader also reported) | Gros Islet, Saint Lucia · since Unclear (sources say 2015 or 2025) | Fast-growing but unclear: owners aren't named, its rules pages wouldn't load for us, and Trustpilot reviews are split almost evenly between 5 and 1 star. | Review |
| 10. Funded Trader Markets | 5.4/10 | $622 list (1-step Nitro; usually sold with big promo codes) | $80 list for a $5k 1-step Nitro (≈$20 with the running discount) | 1-step, 2-step & instant | 10% (1-step Nitro) · 8% → 5% (2-step Plus) | 4% | 6% trailing (Nitro) · 10% static (2-step Plus) | 80–90% (FAQ claims up to 100%) | On demand after 5 trading days (min 1% of balance); promises payment within 24 business hours | MT5, cTrader, Match-Trader, TradeLocker | Dubai, UAE · since 2023–2024 (sources differ) | Not the same company as The Funded Trader. Fast on-demand payouts, but its main $100k account has a tight 6% trailing drawdown. | Review |
Compare prop firms side by side How to choose a prop firm
Sources: The Industry Spread (2 Oct 2026) ↗BrokerAnalysis — FTMO pricing ↗PropTradingVibes — FundedNext pricing ↗FXEmpire — FundingPips ↗Myfxbook — The5ers ↗ · Each firm's review page lists its own sources.
It's a simulated account
Most funded accounts are demo accounts. You're paid from the firm's revenue, so the firm's health matters as much as your trading.
Firms close or change rules
FundingTicks wound down in January 2026 after cutting splits mid-stream, and MyFundedFX ended prop trading in February 2026. Withdraw profits regularly.
Read the add-ons
Headline splits like 95% or 100% are often paid add-ons or scaling rewards, not day-one terms.
Not regulated. Prop firms sell evaluations, not investment accounts, so no African regulator protects your fee. Never pay for a "pass guarantee" or account-passing service.