Howdy, guys! Now, we’re going to be looking into the whole world of prop trading firms. Specifically, this time, the top 10 prop trading firms for November 2023, which we’ve put together and ranked by our personal experience with the following companies.
Now, we will be giving you a very brief overview of each company, discussing their offerings to traders worldwide and other things.
Best 10 Prop Trading Firms of November 2023!
Let’s get into the Top 10 Prop Trading Firms for November 2023:
Finotive Funding
All right, we’re going to kick off our list at number 10 withFinotive Funding, a prop trading firm that commenced operations back in April 2021. They are based out of Budapest, Hungary.Finotive Fundingprovides traders with the option to select from three funding programs. They have a one-step evaluation, a two-step evaluation, and direct funding program accounts. Notably, each of these programs features a distinct scaling plan that enables traders to substantially increase their capital in the event of consistent profitability, which we’re all aiming for.
Now, in terms of brokers and trading platforms,Finotive Fundingemploys its in-house brokerage, Finotive Markets, while also offering traders the opportunity to utilize MetaTrader5 as their trading platform.
SurgeTrader
All right, coming in next isSurgeTrader, which is a prop trading firm incorporated in September 2021. They’ve got offices located in the US in Florida. They offer traders two distinctive funding program options to choose from, which are the following: a one-step audition and a two-step audition program. Now, both funding programs also have a scaling plan in which you can scale your capital and manage even more significant amounts with their company.
With brokers and trading platforms,SurgeTraderalso partnered with a common broker, ThinkMarkets. You can choose between MetaTrader4 and MetaTrader5 trading platforms.
The Funded Trader
Next up isThe Funded Trader. They’re a company that’s been operating since May 2021. They’re also one of the prop trading firms that are located in the US, in Texas, to be specific. But they offer four unique funding programs. You’ve got three two-step evaluations, which are Standard, Rapid, and Royal programs, and then a single one-step evaluation, which is the Knight program.
Additionally, once you qualify and achieve funded status with any of the four funding programs, you are also then able to participate in this scaling plan and get your hands on more capital. When looking at brokers and trading platforms, they are partnered with Eightcap and, Purple Trading SC, and ThinkMarkets while also offering traders the chance to choose between MetaTrader4 and MetaTrader5 trading platforms.
FTMO
All right, seventh on our list is an industry veteran,FTMO. They are one of the first prop trading firms to emerge within the industry back in September 2015. They’re a company that’s located in Europe, in the Czech Republic, in the city of Prague to be exact. Now, they are offering traders all across the globe an industry average two-step evaluation program with two account types, Normal and Aggressive, and an additional scaling plan on both account types for further opportunities if consistently profitable for more capital.
Now, regarding brokers and trading platforms, they use a Tier 1 liquidity provider with the best simulated real market trading conditions. However, when looking at FTMO trading platforms, traders are allowed to choose between MetaTrader4, MetaTrader5, and cTrader.
Fidelcrest
Coming in next on our list isFidelcrest. So, they’re a company that’s been providing traders with funding since September 2018. They’re located in Cyprus, andFidelcrestoffers a two-step evaluation program with two account types. So traders can choose between Normal Evaluation Accounts and Aggressive Evaluation Accounts. However, you should keep in mind thatFidelcrestdoesn’t offer any type of scaling plan since they already have available account sizes of up to a million dollars.
Now, regarding brokers and trading platforms,Fidelcrestis partnered with Foreign Exchange Clearing House, and their traders are able to choose between the very popular MetaTrader4 and MetaTrader5 trading platforms.
The 5%ers
All right, we’re halfway through our list, and coming in next isThe 5%ers. They were incorporated back in April 2020, so they’ve been providing traders with funding since then. They have offices located in London, the UK, and offer three unique funding programs to their community: a two-step evaluation, a three-step evaluation, and direct funding programs, with an additional unique scaling plan for each of the three funding programs.
Now, regarding brokers and trading platforms,The 5%ersis partnered with a Tier 1 liquidity provider with direct market access. And in addition, traders are able to use MetaTrader5 as their trading platform.
Funding Pips
All right, we are on the home stretch here. Coming in next isFunding Pips. They’ve been operating since August 2022. They’ve been very successfully led by their team. They’re based out of Dubai, UAE, and they’re offering traders a chance to choose a single two-step evaluation program with very straightforward trading rules and five account sizes ranging from $5,000 up to $100,000.
Now, when looking at brokers and trading platforms,Funding Pipsis partnered with BlackBull Markets, and you can use MetaTrader5 as your trading platform.
FundedNext
Moving into our top three for November and ranking in third isFundedNext. They’re a company that was incorporated in March 2022, andFundedNextprovides traders worldwide an opportunity to choose between four distinctive funding programs. There are two one-step evaluations and two two-step evaluations, which all include a scaling plan once successfully funded.
Now, regarding brokers and trading platforms,FundedNextis partnered with Eightcap, and they have introduced two in-house broker options as well, GrowthNext and Incenteco. However, when it comes to trading platforms, you can choose between MetaTrader4 and MetaTrader5.
True Forex Funds
Coming in as the penultimate prop trading firm for November isTrue Forex Funds. They’ve been operating since October 2021. They’re also one of the prop trading firms that are located in Europe, in Hungary, to be accurate. They’re offering a one-step evaluation program and a two-step evaluation program to their traders worldwide. There are three different account types: Standard, Quick Funding, and Limitless Funding.
Additionally, once you qualify and do achieve funded status, you’ll be able to participate inTrue Forex Fund’s scaling plan with any of their funding programs. Now, when looking at the broker and trading platforms, they are partnered with a Tier 1 liquidity provider with the best simulated real market trading conditions and still offering traders the chance to choose between MetaTrader4 and MetaTrader5 trading platforms.
E8 Funding
And coming in last but certainly not least in our eyes, the number one rated prop trading firm for this month is E8 Funding. Now, they’re a company that was founded back in November 2021, another US-based prop trading firm located in Dallas. You can choose between two unique funding programs. We have E8 Evaluation, which has two account types: Normal and Extended, and the E8 Track Program. In addition, both funding programs have an excellent scaling plan, again allowing traders to scale the capital even further.
Now, when we’re looking at brokers and trading platforms,E8 Fundingis partnered with a Tier 1 liquidity provider as well and also allows their traders on MetaTrader4 and MetaTrader5.
Well, that concludes our November 2023 ranking of the top 10 prop trading firms. We’ve based this ranking on our own firsthand experiences with these companies. If you need more details about these firms, watch the full Video:
Now, if any of the highlighted firms piqued your interest, we do encourage you to once again look at our in-depthreviewsfor each firm available on our website.
