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Discover reviews on "best future prop firm" based on Reddit discussions and experiences.

Last updated: September 5, 2024 at 11:32 AM
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Best Future Prop Firm Recommendations

Apex

  • Pros
    • Offers accounts up to 250k, often at 90% off with reduced activation fee.
    • Allows copying trades to up to 20 accounts.
    • Provides intra-day trailing drawdown.
  • Cons
    • Platform can have issues with Rithmic broker.
    • Rules can be strict, including a cushion requirement for withdrawals.

Topstep

  • Pros
    • Offer good deals for evaluation accounts.
    • Has a professional platform (Topstep x) with TradingView integration.
    • Copy trade up to 3 accounts.
  • Cons
    • End of day trailing drawdown can be limiting for trading multiple contracts.

MFF

  • Pros
    • Sometimes offers evaluation without activation fees.
    • Currently running a promotion with a static drawdown.
  • Cons
    • Higher evaluation costs compared to other firms.

Other Options

  • TradeDay: Offers fast withdrawal and live accounts for trading.
  • Fast Track Trading: Instant funded accounts with fast customer service.
  • Take Profit Trader: No minimum trading days required for withdrawal.

Warning

  • Apex has been criticized for strict rules and issues with payouts.
  • Stay away from smaller firms with potential payout issues.
  • Be cautious of firms with convoluted rules that may hinder profitability.

Recommendations from Reddit Comments

  • FTMO and The5ers are popular and trusted for forex trading.
  • Hyro Trader stands out for its straightforward approach and modern platform.
  • Top Step Trader is noted for professionalism and good payout policies.
  • Fast Track Trading is praised for quick funding and customer service.

General Advice

  • Get familiar with rules and requirements before selecting a prop firm.
  • Avoid leveraging excessively and aim for small, consistent trades.
  • Consider trading with your own capital for better control and profitability.

Conclusion

  • Research and compare trusted prop firms like FTMO, The5ers, Topstep, Apex, and MFF before making a decision.
  • Choose a firm based on your trading style, platform preferences, and payout policies to maximize success in prop trading.

Remember: Proceed with caution, practice risk management, and focus on developing a consistent trading strategy to succeed in prop trading.

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