Unlock Your Trading Potential with Funded Trading Firms

Discover the best funded trading firms with our expert reviews and comparisons. Learn how to pass prop firm challenges and find trusted programs like Apex and Topstep. Empower your trading journey with transparent insights and practical guides tailored for aspiring traders.

5/8/20244 min read

A laptop and smartphone are placed on a wooden table. Both devices display financial charts and data, suggesting involvement in stock trading or market analysis. The setting appears to be indoors with natural light coming through a window.
A laptop and smartphone are placed on a wooden table. Both devices display financial charts and data, suggesting involvement in stock trading or market analysis. The setting appears to be indoors with natural light coming through a window.

Unlock Your Trading Potential with Funded Trading Firms

As an ambitious trader, you know that growth often hits a financial ceiling. Whether you're just starting out or scaling your existing strategy, lack of sufficient capital can limit your progress. That’s where funded trading firms—also known as prop firms—enter the picture. These firms provide the traders with corporate capital, after an evaluation, so you can trade with much larger accounts and keep most of the profits.

In this guide, we'll help you discover top funded trading firms like Apex Trader Funding, Topstep, and TradeDay; explain how to pass evaluation challenges; and provide insights and expert tips to guide you on your trading journey.

What Funded Trading Firms Are—and Why You Should Use One

At their core, funded trading firms offer a bridge to professional-level trading without the burden of raising capital yourself. After clearing an evaluation, traders gain access to sizable accounts (often $25,000 to $300,000) with professional risk rules and infrastructure—enabling disciplined trading and proper money management.

How They Benefit You:

  • Zero personal capital at risk – only an evaluation fee.

  • High leverage or large account sizes – opening the possibility for significant gains.

  • Structure & discipline – strict rules help cultivate professionalism.

  • Attractive profit splits – between 70% and 90% typically go to the trader.

  • Tools and community support – including analytics, training, and peer groups.

In-Depth Reviews: Top Funded Trading Firms

Apex Trader Funding (Austin, TX)

  • Overview: Known for user-friendly programs and frequent promotions.

  • Evaluation Structure: Two-phase system — first, reach a 10% profit target within time and drawdown limits; second, confirm consistency.

  • Rules: Daily loss limit of around 6%, overall drawdown of 10%, and trading for a minimum of 5 days.

  • Profit Split: Up to 90% payouts.

  • Unique Features: Lifetime discounts, re-evaluation opportunities, multi-account scaling.

  • User Feedback: Trustpilot rating of 4.5 with over 14,000 reviews, emphasizing transparency and reliable support.

Topstep (Chicago, IL)

  • Overview: A well-established prop firm, trusted by thousands since 2012.

  • Evaluation Process: Combined profit target and consistency requirement—no maximum equity drawdown, but a daily loss limit.

  • Profit Split: Typically 80%, but can improve with performance.

  • Features: Great educational material, active Trader Championship, weekly payouts via ACH.

  • User Feedback: Trustpilot rating of 4.3 with ~11,000 reviews. Customers often praise its supportive learning resources.

TradeDay (Chicago, IL)

  • Overview: Modern prop firm with an emphasis on speed, transparency, and support.

  • Evaluation: Two-phase evaluation with profit targets of 6–8%, low trading minimums to pass.

  • Rules: Daily loss ~5%, overall drawdown ~8–10%, and a 5-day minimum trade requirement.

  • Profit Split: Up to 80%.

  • Standout Features: Real-time risk tracking, fast payouts, and a daily reset if no trades occur (no penalties).

  • User Feedback: Trustpilot rating of 4.6 with ~1,000 reviews, citing excellent support and user-friendly rules.

Take Profit Trader (TPT)

  • Overview: Offers a wide range of account sizes and flexible evaluation structures.

  • Evaluation Options: Single-stage or two-stage challenges, depending on account size.

  • Rules: Daily loss threshold of 5%, overall drawdown of 10%.

  • Profit Split: Up to 90%.

  • Special Features: Scaling program that allows traders to obtain larger accounts with performance milestones.

  • User Feedback: Trustpilot rating of 4.4 with over 5,000 reviews. Users often highlight responsive support and clear guidelines.

FunderPro

  • Overview: A newer firm innovating with unique payout structures like daily payouts and flexible challenge routes.

  • Evaluation Paths: Multiple account options, including daily payout plans and monthly retention.

  • Rules & Splits: Vary per plan, typically 80–90% payouts.

  • Unique Features: Daily profit withdrawals (subject to rules), multiple scaling paths.

  • User Feedback: Trustpilot rating of 4.2, with 944 reviews—some concerns about customer service but praise for payout models.

FundingTraders

  • Overview: Offers adjustable challenge sizes and flexible evaluation options.

  • Process: One or two-phase options with realistic profit targets—popular among swing traders.

  • Rules: Daily loss ~5%, overall drawdown ~10%, low trading-day requirements.

  • Profit Split: 80–85%, depending on performance.

  • User Feedback: Trustpilot rating of 4.4, ~4,500 reviews, appreciated for flexibility and lower costs.

Ultimate Traders (UK)

  • Overview: UK-based firm known for high-quality support and beginner-friendly layouts.

  • Evaluation: Multiple challenge levels with varying profit targets and drawdown limits.

  • Profit Split: Up to 85–90%.

  • Features: Risk-free challenge re-take opportunities, responsive customer support.

  • User Feedback: Trustpilot rating of 4.5 with ~190 reviews; users like the starter-friendly design.

How to Choose the Right Firm for You

CriteriaWhat to EvaluateProfit SplitHigher splits maximize earnings, but don’t compromise trust or support quality.Evaluation RulesLower loss limits = stricter discipline. Determine if your trading style aligns.Account TypesDo they offer scaling? Different account sizes? Accessibility?Payout OptionsWeekly vs. daily, ACH vs. international transfer, platform availability.Support & EducationTraining materials, community, customer service impacting long-term growth.Reputation & ReviewsTrustpilot ratings, Reddit threads—survey sentiment before committing.

Passing Prop Firm Evaluations: Actionable Tips

  1. Build a trading plan – Define your strategy, entry/exit rules, and risk tolerance.

  2. Stick to risk limits – Don't exceed 1–2% per trade; respect daily and overall loss thresholds.

  3. Be consistent – Spread trades over days, avoid streaks to show steady performance.

  4. Guard your emotions – Use automatic rules, stop-losses; do not revenge trade.

  5. Maintain a trading journal – Record stats like win rate, average gain, worst drawdown, for continuous improvement.

  6. Study before starting – Watch YouTube walkthroughs of each firm’s platform and rules; practice on demo accounts.

  7. Capitalize on re-entry offers – Often firms offer discounts for repeat evaluations—keep an eye out.

Conclusion: Your Growth Starts Here

By carefully selecting a funded trading firm that aligns with your strategy, you unlock the door to scalable trading with capital and structure. Firms like Apex Trader Funding, Topstep, TradeDay, and others offer diverse paths toward your trading aspirations. Pair this with disciplined execution and you're well-positioned to succeed.

At Global Funded Trader Hub, we’re committed to guiding you with transparent reviews, comparison tools, and practical guides. Use our platform to select the firm that fits your goals, understand the rules, and pass your evaluation with confidence.

Your funded trading journey starts now—let’s make it profitable!