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Eduardo Montero

Author: Eduardo Montero

Last Updated on April 17, 2024

Don’t like challenges or evaluations? Want to trade with a live account directly after the fee is paid? If you are interested in finding the best prop firms in the market that offer instant funding, here are what I consider to be the best options after having analysed in depth a multitude of proprietary trading firms over the last few years:

No Evaluation Prop Firms

Prop Trading Firm Instant Funding Fee Features  
$5,000 balance for $225
$10,000 balance for $450
$25,000 balance for $1,125
$50,000 balance for $2,250
$100,000 balance for $4,500


Scaling plan up to $2,500,000

  • Master Trader Program with instant funding. No evaluation.
  • Simple and transparent rules that are easy to comply with.
  • No time limits (no maximum or minimum trading days).
  • Simple scaling plan up to $2,500,000. Grow your account every time you reach a 10% profit.
  • Profit split of 80% from the start (90% after making a 20% profit and 100% after making a 30% profit).
  • You can withdraw profits from day one (minimum $50) and request new payments every 7 days.
  • The program fee is a one off charge (no monthly fees).
More info at https://www.fundedtradingplus.com
10%
OFF
Coupon

1O% Off Coupon Code on all evaluation accounts of Funded Trading Plus (not available for instant funding program)

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$3,500 balance for $200
$10,000 balance for $550
$15,000
balance for $750
$22,500 balance for $1200


Scaling plan up to $5,760,000

  • Instant funding without evaluation.
  • Start on a live account and earn from day one.
  • No minimum trading days.
  • Rapid scaling plan with 7 levels.
  • Profit split 50/50 (level 1) up to 80/20 (level 7).
  • Withdraw profits anytime from level 2.
  • One-time fee. No recurring monthly payments.
More info at https://www.ftuk.com
30%
OFF
Coupon

30% OFF SPECIAL OFFER on FTUK

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Expires on: 04/27/2024
5%
OFF
Coupon

5% Off Coupon Code on FTUK

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$6,000 balance for £197
$15,000 balance for £297
$30,000 balance for £577


Scaling plan up to $2,000,000
  • No trading challenge. 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).
More info at https://fundyourfx.com
10%
OFF
Coupon

1O% Off Coupon Code on FundYourFX

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$5,000 balance for $299
$10,000 balance for $599
$25,000 balance for $1,499
$50,000 balance for $2,999
$75,000 balance for $4,499
$100,000 balance for $5,999

Scaling plan up to $2,000,000
  • A no evaluation prop firm offering you direct funding.
  • No profit target for payouts.
  • 10% to advance in the scaling plan and be able to grow any account up to $2,000,000.
  • Earn from 60% to 100% profit share.
  • On-time payments via Bank Transfer, PayPal, Wise, Revolut or Crypto. First monthly, then bi-weekly and finally weekly.
  • Any trading style is allowed (scalping, day trading, swing,…). Weekend trading, overnight trading and news trading allowed. Some EAs not allowed and stop loss required.
  • One-time fee. No recurring monthly payments.
More info at https://citytradersimperium.com
10%
OFF
Coupon

10% Off Coupon Code on City Traders Imperium

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Any alternative for quick access to a funded account with better conditions?

Here’s another option from a reliable prop trading firm (The Funded Trader) that offers a one-step challenge (Knight Challenge) where you can earn 80% profit from the start and 90% by participating in their scaling program. You can trade at your own pace (no time limits) and quickly pass the challenge (no minimum trading days) and receive your first payout after 7 days being one of the fastest in the industry:

Prop Trading Firm Balance / Fee Features  
25k balance for $189
50k balance for $289
100k balance for $489
200k balance for $939


Prices for Knight Challenge (1 Phase). More programs available.

Scaling plan up to $1,500,000

  • CHEAPER, EASIER AND YOU CAN EARN MORE:
  • One-step challenge (Knight Challenge) start at just $189.
  • One-time 100% refundable fee.
  • Very simple trading rules. EAs allowed.
  • Multi-asset trading: Forex, Indices, Commodities, Metals and Cryptocurrencies.
  • No time limits. No Minimum Days.
  • 7 days to first payout.
  • Up to 90% profit split (80% default).
More info at https://thefundedtraderprogram.com
15%
OFF
Coupon

15% Off Coupon Code on The Funded Trader

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What is the best prop trading firm with instant funding?

Here is a comparison table with the most relevant features of these proprietary trading firms with instant funding:

Prop Firm Balance / Fee Profit Split Profit Target Max. Drawdown Maximum Time Instruments Leverage Visit
$5,000 balance for $225
$10,000 balance for $450
$25,000 balance for $1,125
$50,000 balance for $2,250
$100,000 balance for $4,500

Scaling plan up to $2,500,000
80% from the start.
90% after making a profit of 20%.
100% after making a profit of 30%.
None.
10% to move to the next level of the scaling plan.
6% (reduction from the maximum account balance level).
No time limits.
Forex, Indices, Commodities and Cryptocurrencies.
1:30
$3,500 balance for $200
$10,000 balance for $550
$15,000 balance for $750
$22,500 balance for $1200

Scaling plan up to $5,760,000
50% (level 1) up to 80% (level 7)
10%
6% (of the balance of each level on scaling plan).
No time limits.
Forex, Indices, Commodities and Metals.
Up to 1:100
$6,000 balance for £197
$15,000 balance for £297
$30,000 balance for £577

Scaling plan up to $2,000,000
50% (90% with scaling plan).
10%
5% Max drawdown on Level 1-2 of the scaling plan.
7% Max drawdown on Level 3-4.
10% Max drawdown on Level 5-6.
90 days.
Forex, Crypto, Indices and Commodities.
Up to 1:100
$5,000 balance for $299
$10,000 balance for $599
$25,000 balance for $1,499
$50,000 balance for $2,999
$75,000 balance for $4,499
$100,000 balance for $5,999

Scaling plan up to $2,000,000
60% to 100% (according to the level of the scaling plan)
No target for payments. 10% to advance in the scaling plan.
5% from initial balance.
No time limits.
Forex, Crypto, Indices and Commodities.
1:10
One-step challenge (Knight Challenge)
25k balance for $189
50k balance for $289
100k balance for $489
200k balance for $939

Prices for Knight Challenge
(1 Phase).
More programs available.

Scaling plan up to $1,500,000
80% by default and 90% with scaling plan.
10%
3% Max Daily Loss.
6% Max Loss.
No time limits.
Forex, Indices, Commodities, Metals and Cryptocurrencies.
Up to 1:200

How have we selected the best instant funding prop firms?

Nowadays there are a multitude of prop trading firms on the market and it is difficult to select the most suitable one for your profile. If you are also trying to find prop firms with instant funding the options are considerably reduced as most of the well-known companies such as FTMO, Topstep or The Funded Trader require you to pass an evaluation or challenge phase to access a funded account. At most of them even the evaluation phase consists of two steps, with different levels of requirements, so reaching a significant balance with which to trade takes quite a long time and you must first prove to the proprietary trading firm that you know how to trade and that your strategy is profitable before they will let you trade with their capital.

Then there are other much less reliable prop trading firms whose aim is to entangle the trader in an endless evaluation process or an impossible challenge to make money through initial fees. This is why it is very important to work with reliable prop firms, aligned with the trader’s interests and backed by extensive experience, rather than just going with the most aggressive offer.

If there is no evaluation phase, it is much easier for the company to only earn a significant amount of money by funding truly profitable traders.

At 5bestproprietarytradingfirms.com we try to help you find the best proprietary trading firms. The table above shows what I consider to be the best instant funding prop firm list. To reach this conclusion I have thoroughly analysed and personally tested a multitude of prop trading firms and I have also tried to gather the opinions of other traders to find out their experience working with these companies.

The most important factors that I used to draw up the comparison table were:

  • Reputation of the proprietary trading firm.
  • Access requirements to a real money funded account and objectives to be achieved.
  • Simplicity of the trading rules.
  • Quality of customer support service.
  • Tradable financial instruments, speed of execution and commissions.
  • Profit payments on time and without complications for withdrawal.

If you prefer to opt for a prop firm without evaluation process, the best options currently available I believe are: Funded Trading Plus is a prop firm registered in London, UK with good ratings on Trustpilot that offers one of the most competitive instant funding programmes (also offers one or two-stage evaluation accounts) with payouts every 7 days, generous profit sharing that can reach 100% for the trader and with simple trading rules and a good scaling programme. FTUK, a London-based funding firm with fairly simple trading rules, two programs to suit different types of traders (low risk mode or agressive mode) and a profit split that starts at 50% for the trader and ends up at 80%. Then there is the FundYourFX option which is 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. Finally there is City Traders Imperium, a prop trading firm based in Dubai (United Arab Emirates), which offers instant funding for Forex, cryptocurrencies, indices and commodities, 60% to 100% profit split and accounts with no challenge that you can go up to $2,000,000.

After conducting a thorough research I believe that The Funded Trader, a prop firm based in United States (Texas) is currently the most balanced option for a larger number of traders to access a funded account in a fast way. It is true that this prop trading firm has a one-step challenge but the requirements I think are quite affordable (you only need to reach 10% profit while keeping risk under control). Their trading rules are much simpler than other prop trading companies and the profit sharing percentage (80% by default and up to 90% with the scaling programme) is more beneficial to the trader than other instant funding prop firms without evaluation. The Funded Trader allows you to quickly pass the challenge as there are no minimum trading days and you can receive your first profit payment in as little as 7 days.

As you can see, most of these companies without challenge specialise in Forex (check here the best forex prop firms), although some also offer other financial instruments such as indices, cryptocurrencies, or stocks. HeIf you are interested in these assets, here is for example a list of the best prop firms for crypto.

Access fees are higher in prop firms without an evaluation process than in those where you have to pass a challenge to access a funded account. If you want to know which are the lowest priced prop firms you can see this list: Cheapest prop trading firms. As you can see, the more steps in the evaluation process, the lower the price tends to be.

It is usual for most proprietary trading firms to offer promotions and discount coupons that allow you to save a significant amount of money on your access fee. To keep up to date with the best deals you can check out our Prop Firms Discounts page where you will find coupons like this one: the funded trader coupon code.

I hope you find this information useful.


Eduardo Montero

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.


DISCLAIMER: All of 5bestproprietarytradingfirms.com contents posted on this web pages are based on "My" and "Our" opinions alone and are only for information purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. "I","We" and "Us" are not a financial advisor and anything that have been posted here on this site should not be seen as financial advice. "I","We" and "Us" are only sharing biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock/forex market and that one can lose all of their investment. Thus, trades should not be based on the opinions and information of others that are put on the internet such as this page, but by your own research and due diligence. Any financial losses incurred will be at your own risks and the people behind this site will not be held responsible. The information about prop trading firms or Forex trading firms is indicative and has no contractual value and may be out of date or may not correspond to the current conditions of each company.