Author: Eduardo Montero
Last Updated on December 7, 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?
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. 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 (90% with scaling plan).
- No demo accounts. Start trading on a live account immediately.
- No restrictive rules.
- Account scaling automatically. Every time you reach a profit of 10% the balance is increased.
- One-time refundable fee (when you hit 10% profit 3 times).
- Cryptocurrencies supported: More than 300 different cryptocurrencies and crypto indices on MetaTrader 4 platform (through EigthCap broker).
The Trading Pit
Scale up to $5M and get up to 80% profit share.
The Trading Pit is a good prop firm for crypto based in the Lichtenstein and offices in Cyprus, Spain, and Canada. They have a one-step challenge and that its work model is based on the use of demo accounts (both in the challenge and during the scaling plan). When you pass the evaluation you will sign a signal provider agreement and you will start earning and growing your account keeping up to 80% of the profits. The requirements are quite accessible (you only need to reach 8% or 10% profit while keeping the risk under control).
- Challenges start at just $99.
- One-time 100% refundable fee after passing Level 1.
- Simple trading rules.
- Scale up to $5M and get up to 80% profit share.
- Multi-asset trading: Forex, Futures, CFDs, Indices, Commodities, Stocks and Crypto.
- Cryptocurrencies supported: The offer varies depending on the broker you choose: Top 10 cryptocurrencies (FXFlat) or Top 11 cryptocurrencies (GBE Brokers).
Sorry, no coupons/deals found.Visit The Trading Pit
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.
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 like this one: TFT affiliate code and discount code.
- Simple trading rules.
- Up to 1:2 Leverage for Crypto
- Cryptocurrencies supported: BTCUSD, BCHUSD, LTCUSD and ETHUSD.
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.
Refundable registration fee.Visit FTMO
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.
You can also check here our list of best forex prop trading firms.