Author: Eduardo Montero
Last Updated on June 5, 2023
A quick comparison table between the best prop trading companies (such as FTMO and its main competitors) to help you choose on your journey to becoming a funded trader:
| Proprietary Trading Firm | Fees | Profit Share | Profit Target | Max. Drawdown | Available Instruments | Allow Trade News | Weekend Position | Visit Prop Firm |
|---|---|---|---|---|---|---|---|---|
10k balance for €155 25k balance for €250 50k balance for €345 100k balance for €540 200k balance for €1080 Scaling plan up to $2 million. |
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. |
Normal Mode: 5% Maximum daily loss. 10% Maximum loss. Aggressive Mode: 10% Maximum daily loss. 20% Maximum loss. |
Forex, Indices, Commodities, Cryptocurrencies and Stocks. |
Yes in FTMO Challenge and Verification. After passing the Evaluation Process there are restrictions (except for Swing accounts). |
Yes in FTMO Challenge and Verification. After passing the Evaluation Process there are restrictions (except for Swing accounts). |
||
50k balance for 100k balance for 150k balance for |
100% of the first $5,000 you generate and 90% from that amount. |
6% |
2% Daily loss limit. 4% to 3% Max trailing drawdown (the percentage varies depending on the account you choose). |
Futures Markets: CME Exchange (17 instruments) NYMEX Exchange (4) COMEX Exchange (3) CBOT Exchange (13) |
Not recommended |
No |
||
Best Overall |
10k balance for $129 25k balance for $189 50k balance for $315 100k balance for $549 200k balance for $979 300k balance for $1,469 400k balance for $1,958 Standard Challenge (other programs available) |
80% (90% with scaling plan) |
10% for Step 1. 5% for Step 2. None in funded account. |
6% (Daily loss limit). 12% (Max loss). |
Forex, Indices, Commodities and Crypto. |
Regular Mode: Yes in Step 1 and Step 2. No in Funded Account. Swing Mode: Yes in Step 1 and Step 2. Yes in Funded Account. |
Regular Mode: No Swing Mode: Yes |
|
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 No scaling plan. |
75% (or 90% with add-on purchase) |
10% |
5% (Daily loss limit). 8% (Max trailing drawdown). |
Forex, Stocks and Crypto. |
Yes (except single share equity CFD) |
Yes |
||
10k balance for €99M 25k balance for €249M 50k balance for €449 M 150k balance for €649 500k balance for €1,599 1m balance for €2,699 M=Micro trader |
Micro Trader and ProTrader accounts with Normal risk strategy: 80%. Micro Trader Swing and ProTrader accounts with Aggressive risk strategy: 90% |
10% for Phase 1 and 2 in Normal Mode. 20% for Phase 1 and 2 in Aggressive Mode. |
Normal Mode: 5% Maximum daily loss. 10% Maximum loss. Aggressive Mode: 10% Maximum daily loss. 20% Maximum loss. |
Forex, CFDs, Cryptos, Metals, Commodities, and Stocks. |
Yes |
No |
||
$6,000 balance for €235 $10,000 balance for €385 $20,000 balance for €745 Scaling plan up to $4,000,000 |
50% |
6%-7% (Low Risk Mode). 12% (Aggressive Mode). |
6% of the balance at LV1 and LV2 of the scaling plan. 4% at higher levels. |
Forex, Metals and Indices. |
Yes (except indices) |
Yes |
||
$10,000 balance for $99/month $25,000 balance for $159/month $50,000 balance for $369/month $100,000 balance for $1099/month Scaling plan up to $1,000,000 |
50% |
5% to withdraw. 10% for account growth. |
10% Maximum drawdown limit based on the initial balance. No daily drawdown. |
Forex and Gold. |
Yes |
No |
||
$10,000 balance for £119 $20,000 balance for £209 $40,000 balance for £389 $50,000 balance for £459 $70,000 balance for £659 Scaling plan up to $2,000,000 |
50% to 100% |
10% (9% in the Evaluation phase) |
5% Absolute Drawdown from the initial balance. No daily drawdown. |
Forex, Commodities and Major Index Stocks |
Yes |
Yes |
||
$10,000 balance for $84 $20,000 balance for $139 $50,000 balance for $299 $100,000 balance for $499 $200,000 balance for $979 |
75% (first month), 80% (second month) and 85% (third and next months) |
8% in phase 1 5% in phase 2 |
5% Daily Starting Drawdown. 12% Overall Drawdown. |
Forex, Indices and Commodities |
Yes |
No |
In the table above you can find the main features of FTMO, the world’s leading prop trading firm and probably the best known company in this sector that has financed traders from more than 180 different countries. FTMO started its activity in 2014 so it is one of the most experienced and reliable prop firms. Its headquarters are located in the historical centre of Prague in the Czech Republic. It offers an evaluation process divided into two phases, the first known as FTMO Challenge and then the Verification phase, before becoming a trader funded by FTMO and being able to get up to 90% of the profits you generate and with an scaling program that will allow you to manage a funded trading account of up to 2 million dollars.
If you want to know more about this firm here is our review of FTMO.
In addition to FTMO you will also find in the table the most important features of some of the other best proprietary trading firms on the market today that represent some of the main alternatives to FTMO. This way you can easily compare FTMO with its competitors such as:
- FTMO Vs Fidelcrest (Fidelcrest review)
- FTMO Vs BluFX
- FTMO Vs Topstep (Topstep review)
- FTMO Vs The Funded Trader (The Funded Trader review)
- FTMO Vs City Traders Imperium
- FTMO Vs SurgeTrader (SurgeTrader review)
- FTMO Vs The 5%ers
- FTMO Vs My Forex Funds (My Forex Funds review)
At the same time you can also compare these other prop firms with each other and find the one that best suits your preferences. We hope you find the comparison table useful.
Author: Eduardo Montero
I'm Eduardo Montero. Computer scientist by profession and passionate about online trading with more than 10 years of experience in the financial markets. I'm the author of hundreds of articles published in other websites about the online trading industry. Learn more about me here: About the author.