Author: Eduardo Montero
Last Updated on June 5, 2023
Working with a crypto prop firm will allow you to execute your trading strategy and be able to generate much higher profits than you could with your capital alone. Crypto funded trading accounts are a useful tool for traders from all over the world who have experience, proper risk control and a profitable strategy. Generally crypto prop firms imposes an evaluation process (1 or 2 steps) in which you must prove your skills as a cryptocurrency trader and once you pass the challenge they will give you access to a funded account where they let you manage their capital (can reach over a million dollars in some cases) and offer a profit split that can be up to 90% for the trader.
To access the evaluation process these cryptocurrency prop firms generally charge an access fee (in some cases a one-off payment and in others it is a monthly subscription). It is important to work with reliable crypto prop trading firms that have aligned their interests with those of the trader and do not seek only to charge access fees and trap the trader in an endless evaluation process or with trading rules that are very difficult to understand and comply with. In the following comparison table we show you a selection of the best prop firms for crypto after having thoroughly analysed and tested many companies that offer funded accounts for trading cryptocurrencies such as Bitcoin, Ethereum, Dash, Litecoin, Ripple, Monero, Neo, Cardano, Dogecoin,… You will be able to identify the main advantages and disadvantages of each one, their most important features and access the website of the one that best suits your preferences.
What are the best prop trading firms for crypto?
|Crypto Prop Firm||Balance / Fee||Profit Split||Profit Target||Max. Drawdown||Available Cryptocurrencies||Visit|
25k balance for $250
50k balance for $400
100k balance for $700
250k balance for $1.8k
500k balance for $3.5k
1m balance for $6.5k
(or 90% with add-on purchase)
5% (Daily loss limit).
8% (Max trailing drawdown).
More than 200 cryptocurrency crosses with the main world currencies (USD, EUR, AUD, GBP, CAD,…) and 5 crypto indices on MT4.
More than 375 cryptocurrencies on MT5.
$6,000 balance for £147
$15,000 balance for £297
$30,000 balance for £577
Scaling plan up to $1,750,000
50% (70% with scaling plan)
No Challenge. No profit target. Every time you reach a profit of 10% they will increase your balance by 50%.
5% Max drawdown on Level 1-2 of the scaling plan.
7% Max drawdown on Level 3-4.
10% Max drawdown on Level 5-8.
More than 300 different cryptocurrencies and crypto indices on MT4.
25k balance for $228
50k balance for $338
100k balance for $588
250k balance for $988
Prices for E8 Accounts
(More programs available).
8% for Step 1.
5% for Step 2.
5% Daily Drawdown.
8% Overall Drawdown.
You can scale your overall drawdown up to 14%
Top 5 cryptocurrencies:
BTCUSD, ETHUSD, DASHUSD, LTCUSD, XRPUSD.
50k balance for $289
100k balance for $489
200k balance for $939
300k balance for $1,399
400k balance for $1,869
Prices for Royal Challenge
(More programs available)
80% (90% with scaling)
8% for Phase 1.
5% for Phase 2.
5% Max Daily Loss.
10% Max Loss.
Top 4 cryptocurrencies Vs USD:
Bitcoin, Bitcoin Cash, Ethereum and Litecoin.
10k balance for €155
25k balance for €250
50k balance for €345
100k balance for €540
200k balance for €1080
In non scaled accounts: 80% for the trader.
In scaled accounts: 90% for the trader.
10% for Step 1 and 5% for Step 2 in Normal Mode.
20% for Step 1 and 10% for Step 2 in Aggressive Mode.
5% Maximum daily loss.
10% Maximum loss.
10% Maximum daily loss.
20% Maximum loss.
Top 10 Cryptocurrencies Vs USD: Bitcoin, Ethereum, Dash, Litecoin, Ripple, Monero, Neo, Cardano, Polkadot and Dogecoin.
The most complete offer in cryptocurrencies available.
SurgeTrader is a crypto prop trading firm based USA (in Naples, Florida) founded in 2021. Despite its short history it is growing strongly thanks to the advantages it brings to its users such as its simple trading rules, one-step evaluation process, funded accounts with up to $1,000,000 from the start (without scaling plans) and a profit split scheme where the trader keeps 75% of the profits (or 90% with the purchase of an add-on). Check our Surgetrader review for more info.
- Pass trading audition at your own pace by reaching 10% profit target.
- No minimum trading days (Here you have a list of prop firms with no minimum trading days).
- 5% daily loss limit. 8% max trailing drawdown.
- 75% profit split (90% with add-on purchase).
- Trade news, hold positions overnight.
- Stop loss required. Trade your style, EA, Hedging,…
- Up to 1:2 Leverage for Crypto
- Cryptocurrencies supported: More than 200 cryptocurrency crosses with the main world currencies (USD, EUR, AUD, GBP, CAD,…) and 5 crypto indices (Top 10 Altcoin Token Index, Top 9 China Crypto Index, Top 10 Crypto Index, Top 25 Crypto Index and Top 25 Defi Token Index) on MetaTrader 4. More than 375 cryptocurrencies on MetaTrader 5 trading platform.
No Trading Challenge. Crypto funded trading accounts from day one.
FundYourFX is a crypto prop firm based in the UK, has no assessment or challenge and does not impose a profit target. You just need to meet the risk targets and be profitable to be able to work with their funded accounts instantly. Check out the best prop firms with instant funding here like FundYourFX.
- No trading challenge for crypto or other assets. Start with a funded live account.
- 50/50 profit split (70% with scaling plan).
- They do a simple interview to find out about your trading experience.
- No restrictive rules.
- Account scaling automatically. Every time you reach a profit of 10% the balance is increased by 50%.
- One-time refundable fee (when you hit 10% profit 5 times).
- Cryptocurrencies supported: More than 300 different cryptocurrencies and crypto indices on MetaTrader 4 platform (through EigthCap broker).
High leverage for cryptocurrencies and various programs available.
E8 Funding is a cryptocurrency prop firm with 3 different programmes (E8 Accounts, E8 Track and ELEV8 Accounts), all of them with no minimum trading days, which are adapted to various types of traders. For example the access fees on the E8 Track accounts are lower but the evaluation process is usually longer as it is divided into 3 steps. Here you can find a comparison of the cheapest prop firms.
- No minimum trading days.
- Scale your overall drawdown up to 14%.
- Good profit sharing percentage (80% for the trader 20% for crypto prop firm).
- Scale your account balance to over $1,000,000.
- First profit-split eligible after 8 days once funded.
- Up to 1:5 Leverage for Crypto.
- Cryptocurrencies supported: BTCUSD, ETHUSD, DASHUSD, LTCUSD, XRPUSD.
Visit E8 Funding
The Funded Trader
Good conditions, prices and promotions (if you fit the cryptocurrencies offered).
The Funded Trader is a proprietary trading firm headquartered in the United States (Liberty Hill, Texas). This company enjoys a good reputation as evidenced by its excellent rating of 4.7 out of 5 on Truspilot with over 6600 reviews. Much of the success of this prop firm is due to its simple trading rules, its 4 programs adaptable to any type of trader, its funded accounts up to $600,000 of capital that can grow up to $1.5 million with the scaling program and its profit split scheme of up to 90% for the trader. Check our The Funded Trader review for more info.
- Up to 90% profit split (80% default)
- 4 different programs with 1 or 2-step evaluation and features adaptable to all types of traders.
- Can use EAs, scalping, news trading,…
- Refundable registration fee.
- Low prices and frequent promotions and discount coupons.
- Simple trading rules.
- Up to 1:2 Leverage for Crypto
- Cryptocurrencies supported: BTCUSD, BCHUSD, LTCUSD and ETHUSD.
Visit The Funded Trader
Probably the best known company in this sector with long track record.
FTMO is the world’s leading prop trading firm. It was founded in 2014 in Prague, Czech Republic. Thousands of traders have made money with this prop firm. In the year 2021 they have distributed more than $27 million in profits to their funded traders. Their trading rules are quite simple, with their scaling program you can manage an account of 2 million USD and achieve a 90% of the profits you generate. Check our FTMO review for more info.
- The profit split can be up to 90% for the trader.
- With the scale-up program you can manage an account balance of up to 2 million USD.
- One-off fee when opening an account, which is 100% refundable after passing the evaluation.
- You can use any trading strategy without restrictions.
- FTMO offers many tools to analyse performance and improve risk management.
- You can withdraw your profits at any time by bank transfer, Skrill or cryptocurrencies.
- Up to 1:3 Leverage for Crypto
- Cryptocurrencies supported: Bitcoin, Ethereum, Dash, Litecoin, Ripple, Monero, Neo, Cardano, Polkadot and Dogecoin. All of them against the USD.
I hope you find this information useful and I recommend that you visit the website of each of these prop trading firm for crypto to learn more about their features, conditions for trading cryptocurrencies,… and find out which is the best crypto prop trading firms based on your preferences and your trading strategy.