5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (2024)

Finding a prop trading firm that can do exactly what you want is perhaps one of the biggest challenges to settling on a firm. You want a firm that is designed to handle your needs and some of those firms have specific specialties.

So, if you’re looking for the best prop trading firm for stocks, take a closer look at these top suggestions.I researched, and tried some of them, quite extensively.

First, let’s see a brief overview of them.

Table of Contents

Best Prop Trading Firms For Stocks Overview

Prop FirmFundingProfit SplitFees
FTMO$25,00-$2,000,00080%-90%$270-$1,217 (One Time)Open
Funded Trader$50,000-$400,00080%$315-$1,798 (One Time)Open
Trader 2B$25,000-$150,00080%$150-$500 (Monthly)Open
Great Point CapitalN/L90%N/LOpen
Allston TradingN/LN/LN/LOpen

FTMO

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (1)

FTMO is based in Czech Republic. They have their hand in everything and can handle a lot of different trading needs, including forex, futures, commodities, indices, cryptos, bonds, and stocks of course.

This company mostly has an 80% profit split but you can get up to 90% on their highest level. They leverage 1:100 and their funding goes up to $200K.

FTMO is incredibly popular in the prop trading industry so you should definitely at least glance over their details.

They do require a 2-step evaluation so keep that in mind.

FTMO Programs

TypeFunding AmountOne Time FeeProfit Split
Scaling$25,000$27080%
Scaling$50,000$39080%
Scaling$100,000$60980%
Scaling$200,000$1,21790%

Their Pros

  • No less than 80% profit split, could be up to 90%
  • FTMO has really great trader support
  • Their 2-step evaluation process is thorough and secure
  • The platform is designed for serious traders
  • Once you get approved, you have 0 risk in your work
  • Really great reputation from customer reviews

Their Cons

  • Their site is challenging to navigate to find all of the information
  • The evaluation requirements are pretty strict

Funded Trader

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (2)

Funded Trader brings it home with stock trading, in addition to other prop firm trading options. You really can’t go wrong here.

Unfortunately, they are not highly-rated but that is mostly because they are challenging to understand and their website is a tad bit awkward but it has the basic details.

With that being said, their evaluations are cheap, there are a ton of different account options, they do have stock trading, and they have a good reputation based on the reviews I could find about them.

Funded Trader Programs

TypeFunding AmountOne Time FeeProfit Split
Standard$50,000$31580%
Standard$100,000$54980%
Standard$200,000$89980%
Standard$400,000$1,79890%

This may not seem complicated but it gets more complicated when you consider the phases, targets, and minimum trading days.

The phase 1 target is 35 days and Phase 2 is 60 days.

Their Pros

  • Designed to handle a variety of trading
  • Evaluations are pretty inexpensive
  • They have a lot of different account options
  • Stock trading is a major draw for this company
  • Their reputation is positive so far, which is always a good sign

Their Cons

  • They’re pretty new in the industry so still a lot to learn
  • Their website is continuing to be updated and improved but needs some work
  • Their accounts and the requirements can get a little complicated

Trader 2B

Trader 2B is a unique prop trading firm that decided to empower stock traders rather than avoid stocks. You already know it can be a challenge to find a stock prop trader but they saw the challenge and jumped on it.

This company has been around a little over 10 years, they’re a leading firm in the industry in this capacity.

They work to provide tools for day traders so you find yourself with adequate challenges as well as adequate training, tools, and other resources to be successful.

Their fees are low and fully transparent as well.

This company does not require a deposit or capital to get started. You work through their challenges or you can show them a solid trading record if you’re experienced.

Trader 2B Programs

With Trader 2B, you can get started for free if you’re an experienced trader by simply share a trading history. Otherwise, here is the breakout of programs for their Toro Challenge.

TypeFunding AmountMonthly FeeProfit Split
Starter$25,000$15080%
Professional$100,000$30080%
Advanced$150,000$50080%

Their Pros

  • 80% profit split on all levels
  • You don’t have to take the challenge if you have proven trading history
  • It’s free to get started
  • Their platform is designed for stock trading
  • Great resource for trading needs as well as helpful resources and tools
  • Modern technology at your fingertips

Their Cons

  • Some of the details are harder to find on their site
  • There isn’t a lot of external information on them

Great Point Capital

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (4)

Next up is Great Point Capital. This prop trading firm works with stocks as well as other trading stations.

They have a mission to find the best traders out there and share their own tools for success. You get capital support, structure, resources, and plenty of flexibility.

This prop trading firm is based out of Chicago and Austin both. They also will work remotely with any traders out there and help you find an automated strategy.

They have high-tech software designed to simplify your trading experience so you can focus on work and trading.

They’ve got the capital and the resources, you bring your trading knowledge and skills and get to work. They are a bit more limited than some companies but a great option to check out.

Great Point Capital Programs

This is not your average prop trader. Since they are a smaller firm, they choose to be picky on who they bring in. Rather than discuss the programs, take a look at some of their requirements and details here.

  • Required Series 57 securities license
  • Required $10,000 capital contribution to join
  • Operate as self-employed
  • $400,000 max intraday limits
  • You get to retain 90% of your profits

Their Pros

  • 90% profit split
  • This capital company is a member of FINRA
  • Up to $400,000 intraday buying power
  • The best technology around available to you
  • Plenty of resources and opportunity
  • Ability to work from one of their offices in Austin or Chicago (or remote)

Their Cons

  • Private firm with more stringent requirements to get in
  • You are required to bring $10K of your own capital to the table
  • They are a FINRA member so you must pass the Series 52 securities exam

Allston Trading

5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (5)

Allston trading has locations in Chicago, Houston, London, and New York. They are all about bringing together innovation and technology for trading.

They are considered a premier market maker in worldwide exchanges and you have access to stocks, bonds, futures, options, and 30 exchanges.

This company believes strongly in investing in technology. They bring you a high-quality trading and research platform as well as systems created for performance.

Your network will be great and so will your support.

Allston Trading Programs

This prop trading firm is set up like a private firm again, much like Great Point Capital was.

You can get started by applying with their general application. Here, you would be a full time employee as part of their working team, rather than an individual trader so the availability does vary.

Their Pros

  • Access to company benefits
  • Excellent technology
  • A large part of the premier worldwide market
  • Access to 30 exchanges
  • Offices in Chicago, Houston, London, and New York

Their Cons

  • A private firm that is harder to be a part of
  • Their pay structure is not readily available; it appears you would be an employee
5 Best Prop Trading Firms For Stocks 2021: A Trader's Perspective (2024)

FAQs

Which is the most trusted prop firm? ›

Best Prop Trading Firms 2024 - Reviewed by Experts
  • Topstep.
  • The 5%ers.
  • Earn2Trade.
  • SurgeTrader.
  • FTMO.
  • E8.
  • City Traders Imperium.
  • Fidelcrest.
Feb 2, 2024

Which prop firm has the fastest payout? ›

Fastest Industry Payouts – MyFundedFutures has the fastest payouts in the futures prop trading space which has become more and more important with some of the other futures prop trading firms taking weeks to payout.

What is the success rate of prop traders? ›

According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time. While this result is not nearly as bad as the one discussed earlier, it still looks bleak for prospective prop traders.

Which prop firm has the lowest spread? ›

**SMB Capital**: Specializing in equities trading, SMB Capital is known for its low trading costs and competitive spreads. 5. **Candlestick Trading Forum (CTF)**: CTF is a prop firm that focuses on Forex trading and is reputed for offering tight spreads.

Do prop firms really pay out? ›

Yes, prop firms do pay. While there are some scams out there popping up everyday, reputable prop trading firms like True Forex Funds, FTMO,5%ers,FundedNext are legitimate and pay traders according to their profit-sharing agreements. As for True Forex Funds, I can vouch for their credibility.

Why is FTMO banned in US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

What happens if you lose money in a prop firm? ›

Proprietary trading firms often provide evaluation accounts where you prove your trading skills. Usually, you pay a one-time fee to enter this "challenge." If you lose money during this evaluation, you won't owe anything beyond the initial fee.

What percentage do prop firms take? ›

A prop trading firm looks to recruit talented traders and fund them with the company's capital. The funds that a trader makes, is then split between the trader and the company. The profit share is between 50 – 95%, with the trader taking the lion's share.

Is FTMO the best prop firm? ›

FTMO Investment Options

One of the main reasons why FTMO is a good prop firm is their investment options. They offer traders the opportunity to trade with their own capital, as well as access to additional capital from FTMO.

Can you make a living with prop trading? ›

Prop trading can be lucrative, with earnings tied to a profit-sharing ratio. Unlike traditional brokers relying on commissions, prop traders' income directly links to generated profits. Ratios vary, often ranging from 75/100 to 90/100, offering flexibility based on experience and strategy.

How stressful is prop trading? ›

It's a competitive, high-stress field with drawbacks like any other career. It's also awash with less-than-reputable firms that offer zero base pay, limited profit sharing and often make new hires pay for training and tech. Avoid these types of firms as they're a ticket to plenty of risk with minimal reward.

How much does the average prop trader make? ›

Proprietary trader salaries typically range between $60,000 and $165,000 yearly. The average hourly rate for proprietary traders is $48.09 per hour. Proprietary trader salary is impacted by location, education, and experience.

How do I choose a prop firm? ›

Vetting the Prop Firm's Track Record

The first step when deciding on any prop trading firm should be an in-depth look at its reputation and history in the industry. A firm's standing within the trading community will highlight its reliability and ability to support its traders with a secure trading environment.

How do I choose a prop trading firm? ›

Don't just pick the first prop trading firm you find. Choose one with a good reputation, support for traders, good tools, safety measures, fair costs, and a friendly community. This way, you can trade smarter and have a better chance at success.

Which prop firm has no time limit? ›

Is there any prop firm without trading days restrictions? True Forex Funds is an option worth exploring for those seeking prop firms without trading day restrictions. They offer challenges with no minimum trading days, providing flexibility. To learn more, check their official website.

Are there any legitimate prop firms? ›

FTMO (previously known as MyForexUniverse) is one of the largest and best-known prop firms globally. Based in the Czech Republic, they provide funded accounts up to $400,000 to traders that can pass their evaluation.

Which prop firm is regulated in the US? ›

OANDA, Axi, and Hantec Markets are three regulated forex and contracts for differences brokers that launched prop trading services.

What are the top 5 futures prop firms? ›

The top futures prop firms are TopStepTrader, Jane Street, FTMO, 3Red Partners and The Trading Pit. Jane Street and 3Red Partners are very secretive about their fees and profit splits but they do offer some of the best technology and high-frequency trading.

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