The Top 5 Futures Prop Firms with the Highest Account Sizes
This blog ranks the leading futures prop firms in the industry. Read on as we go over their key features one by one ascending from the smallest account sizes permissible to the highest.
Topstep ($150K Account)
Overview
Topstep is a US-based proprietary trading firm that targets moderate to large capital commitments. Account sizes range from $50,000 to $150,000. Topstep is a platform that offers a variety of trading methods, with defined profit objectives and maximum drawdown limitations.
Features
- Tradable Assets: Futures on equity, foreign exchange, agriculture, energy, interest rates, and metals.
- Maximum Amount in Account: $150,000.
- Profit Split: 90% profit claim for traders.
- Platforms: R|Trader Pro, VolFix, Trade Navigator, ATAS OrderFlow Trading, MotiveWave, Bookmap, Investor/RT, TSTrader, NinjaTrader, Quantower, TradingView, Sierra Chart, T4, Jigsaw Daytradr, Multicharts.
Advantages and Disadvantages
Pros:
- In as little as two days, your financed account will be available.
- More than ten years in business further boosting its integrity and assurance.
- Minimal rules. Just a loss cap and a profit objective.
- The TopStepX trading platform includes copy trading, TradingView charting, and many more features.
- Performance coaches to help you along the way.
Cons:
- There is a $125 minimum payment.
- Your trades cannot be held until the next day.
TradeDay ($250k Account)
Overview
TradeDay is a US-based proprietary trading company that serves traders with varying financial commitments. Its CEO, James Thorpe, oversees account sizes ranging from $10,000 to $250,000.
Features
- Tradable Assets: TradeDay is just for futures products. It provides traders who specialize in this area of the financial markets with access to a wide range of instruments on exchanges such as CME, CBOT, NYMEX, and COMEX.
- Maximum Amount in Account: $250,000
- Profit Split: 90% profit claim for traders.
- Platforms: Tradovate, NinjaTrader, TradingView, and Jigsaw.
Advantages and Disadvantages
Pros:
- Encourages traders by offering a large profit share.
- A simple, one-step assessment procedure for users.
- Focuses on major futures market exchanges.
Cons:
- Restricted to trading futures, which might not be appealing to traders seeking a wider range of markets.
- Some traders may choose more seasoned companies with a longer track record, as they have only been in business for a year.
Apex Trader Funding ($300k Account)
Overview
The Futures prop firm Apex Trader Funding is based in Austin, Texas, in the United States. 2021 saw its founding. A powerhouse in the prop trading field, it excels with consistent top-notch service and stellar user reviews.
Features
- Tradable Assets: Futures on equity, foreign exchange, agriculture, energy, interest rates, and metals are examples of instruments.
- Maximum Amount in Account: $300,000.
- Profit Split: 90% profit claim for traders.
- Platforms: ATAS, Bookmap, Edgeclear, Finamark, Jigsaw Trading, Motivewave, Quantower, Rithmic, Sierra Chart, Volfix, tradingview, NinjaTrader, Tradovate, and Wealthcharts (web platform).
Advantages and Disadvantages
Pros:
- Quick assessment procedure that requires only one step.
- No profit share is applied to your first $25,000 payment. You receive all earnings.
- There are no limits on news trading.
- You cannot accidentally exceed your maximum position size in the system, which might result in the loss of your account with other prop firms.
- Up to two compensation requests may be made each month.
Cons:
- Overnight holding of transactions is prohibited. However, you can trade for 23 hours per day.
- With the exception of the static account, the trailing threshold adjusts in light of available locations; nevertheless, this is clearly observable using the tools they offer.
Earn2Trade ($400k Account)
Overview
Earn2Trade, led by CEO Osvaldo Guimarães, is a US-based proprietary trading firm with seven years of experience. It offers account sizes ranging from $25,000 to $200,000, with profit targets and drawdowns based on challenges.
Features
- Tradable Assets: A futures trading specialist, offers access to all CME Group assets, such as financial futures on CME, CBOT, NYMEX, and COMEX, as well as commodities and indices.
- Maximum Amount in Account: $400,000.
- Profit Split: 80% profit claim by traders.
- Platforms: NinjaTrader, Finamark, Trader Pro, and Overcharts.
Advantages and Disadvantages
Pros:
- Provides traders with the freedom to select the instruments that best suit their trading approach.
- Trading futures alone offers a concentrated and all-encompassing trading environment.
- Offering growth prospects via a performance-based, organized scaling strategy is provided by scalable trading plans.
- Offers an alluring profit share to promote trading performance.
Cons:
- Traders looking to expand their portfolio into other markets, including stocks or currency, may find this market too narrow.
- Although simple, the one-step evaluation necessitates a thorough comprehension of the specified risk and reward characteristics.
The Trading Pit (1M$ Account)
Overview
The Trading Pit, a Liechtenstein-based proprietary trading firm, offers account sizes ranging from $10,000 to $100,000, with profit targets set at 8% or 10% and stringent risk management policies.
Features
- Tradable Assets: The firm offers a variety of instruments including Forex, indices, commodities, cryptocurrencies, shares, and futures.
- Maximum Amount in Account: $1,000,000.
- Profit Split: 50-60% profit claim for traders, the percentage depends on the account type.
- Platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for CFD trading, in addition to specialist instruments for futures trading, such as Quantower and Bookmap.
Advantages and Disadvantages
Pros:
- Versatile trading platforms as MT4, MT5, Quantower, and Bookmap accommodate different trading styles.
- A variety of marketplaces are available for traders to interact with.
- Traders must satisfy and surpass specific criteria in an organized evaluation process.
- Enables traders to scale account sizes up to $5,000,000.
Cons:
- With a starting point of 50% to 60%, this option may not be as appealing as that of certain rivals.
- The prop firm is based in Liechtenstein, which might be challenging for traders who are not familiar with the legal landscape.
