Top Funded Trading Accounts Available for Professional Traders
The world of trading has seen significant advancements over the years, with one innovation standing out as a game-changer for professional traders— funded trading account. These accounts provided by proprietary trading firms (better known as prop firms) offer talented traders the capital they need to scale their strategies without risking their own funds. With competitive funding opportunities becoming increasingly accessible, many traders are reevaluating their approach to trading. Below, we take a closer look at some of the top funded trading accounts available in 2024.
What Are Funded Trading Accounts?
Funded trading accounts are accounts provided by proprietary trading firms to traders who pass a qualification or evaluation process. Unlike traditional brokerage accounts, funded accounts supply traders with capital in exchange for a share of profits. This means traders can focus on performance without worrying about personal financial risks. It’s a win-win model that has seen a boom in popularity.
Top-Ranked Funded Trading Providers
1. FTMO
FTMO is widely acclaimed in the proprietary trading world. Known for its rigorous evaluation process, FTMO funds traders who demonstrate consistency and effective risk management. Their accounts offer leverage options up to 1:100, and traders can access capital as high as $400,000 once funded. FTMO also prides itself on an industry-leading profit split, allowing traders to retain up to 90% of the profits.
2. MyForexFunds
Catering to forex traders specifically, MyForexFunds provides exceptional scalability, with funding options ranging from $10,000 up to $300,000. Their evaluation process balances accessibility with competitiveness, making it an excellent choice for intermediate to advanced traders. Traders can enjoy up to an 85% profit split and consistent support to help them thrive.
3. TopStep
For futures traders, TopStep stands out as a preferred choice. Known for their robust training and evaluation programs, TopStep empowers traders with capital once they pass their detailed assessment. They offer instant funding once criteria are met, and their accounts provide long-term growth potential with structured payout systems. It’s an ideal platform for traders focusing on futures contracts.
4. The5ers
The5ers specializes in funding forex traders and is an excellent choice for conservative trading strategies. They emphasize consistency and offer beginner-friendly funding plans ranging from $6,000 to $160,000. Their model encourages longevity, making it attractive for traders who prioritize gradual growth over fast profits.
Why Funded Accounts Are Trending
The growing popularity of funded trading accounts is no coincidence. With no upfront capital requirement, access to advanced trading platforms, and generous profit splits, these accounts level the playing field for traders worldwide. Whether you’re an experienced trader or a rising star, funded trading accounts are reshaping how professionals engage with financial markets.
