Verified Prop Firms
Explore our comprehensive database of audited proprietary trading firms. Compare evaluation rules, profit splits, and funding sizes to find the perfect prop firm for your trading style.
View Trust Rankings 2026What is Prop Trading?
In simple words, Proprietary (Prop) Trading is when a company gives you their money to trade with. Instead of risking your own hard-earned savings, you pay a small fee to take an "evaluation" or "challenge." If you prove you can trade profitably while following their risk rules, they give you a funded account (e.g., $100,000). When you make a profit, you keep the majority of it (usually 80% to 90%), and the firm keeps the rest.
CFD Trading vs. Prop Trading
- Capital
CFD: You deposit and risk your own money.
Prop: You trade the firm's money; your only risk is the initial challenge fee. - Rules
CFD: You can trade however you want, with no strict drawdown limits.
Prop: You must follow strict daily and overall loss limits, or you lose the account. - Profits
CFD: You keep 100% of your profits.
Prop: You keep 80-90% of the profits, and the firm takes the rest.
Advantages
- ✓ Trade with large capital
- ✓ No risk to your personal funds
- ✓ Keep up to 90% of profits
- ✓ Forces strict risk management
Disadvantages
- ✗ Strict drawdown limits
- ✗ Evaluation fees required
- ✗ Pressure to perform
- ✗ Not all firms are reliable
Typical Profit Split (80% Trader)
3 Examples of How It Works
The Evaluation Phase
You pay $500 for a $100k challenge. Your goal is to make $10,000 (10%) without losing more than $5,000 (5%) in a day. You hit the target, pass the test, and get a live funded account.
The First Payout
On your funded $100k account, you make $5,000 profit in your first month. You request a payout. The firm keeps $1,000 (20%), and sends you $4,000 (80%) plus a refund of your initial $500 fee.
Hitting the Drawdown Limit
You have a bad trading day on your funded account and lose $5,100, breaching the 5% daily loss limit. The firm automatically closes your account to protect their capital. You lose the account, but you don't owe the firm the $5,100 you lost.
“Broker-backed” does not mean one thing
Every firm listed here is backed by a broker — that is the editorial filter for this section. The licence behind that phrase is not the same in every case, and no prop firm on this page is itself regulated: each sells a simulated evaluation, which sits outside the licensed perimeter and carries no client-money protection or compensation scheme.
Scores shown here are the prop firm score — 0–5 on prop-specific criteria, not comparable to a broker rating.
Think Capital, IC Funded, DNA Funded, Eightcap Challenges, Axi Select
The backing broker holds an FCA, ASIC or equivalent licence.
FXIFY, Atmos Funded, Moneta Funded
No top-tier regulator stands behind the entity that faces the trader. In two cases the group markets an FCA licence held by a company that is not party to the trader’s contract.
Before you take a payout: the drawdown lock
On FXIFY, taking a payout resets the maximum-drawdown line to your starting balance. The buffer your profits built is removed. In FXIFY’s own worked example, a trader who withdraws all available profit breaches the threshold on the next trade — and the firm states: “The withdrawal will still be processed, but the account is forfeited.”
Quoted from each firm’s own rules pages. Neither publishes this on its homepage.