Best Futures Prop Trading Firms of February 2024 - Analyzing Alpha (2024)

Searching for a reputable proprietary trading firm to partner with as a futures trader? Finding the right one is crucial for success, regardless of your experience level.

The best firms offer generous profit-sharing, cutting-edge technology, and extensive resources. But with numerous options, it’s challenging to pick the right fit.

We’ve got you covered! We’ve tested various prop trading firms and compiled a list of the top ones for futures trading.

In this review, we’ll share each firm’s key features and benefits with you, helping you make an informed decision.

Join us as we reveal our rankings and analyze each firm’s operations, guiding you to the perfect match for your trading goals.

  1. Topstep

    4.7

    Topstep Trading is the ultimate choice for traders looking to excel in the futures market. With a rigorous evaluation process, traders gain access to our state-of-the-art technology, funding opportunities, and support from trading experts. Join Topstep Trading and start trading with confidence.

    Challenge Difficulty:

    4.0

    Profit Share:

    5.0

    Educational Resources:

    5.0

    Customer Support:

    4.8

    Community Engagement:

    4.5

    Pros:

    • Access to trading coaching programs
    • Well-established and trustworthy
    • Access to a dedicated coach
    • High payouts and excellent profit splits
    • Great community

    Cons:

    • Only 50K, 100K, and 150K funding options
    • Non-refundable registration fee
    • Limited to futures

    Join NowOur Review

  2. Earn2Trade

    4.4

    Earn2Trade is a prop trading education company for new and experienced traders. It offers educational materials, futures trading, and simple trade tracking. While it has some restrictive rules and fees, Earn2Trade is an overall excellent choice for futures traders.

    Challenge Difficulty:

    4.8

    Educational Resources:

    5.0

    Customer Support:

    4.0

    Community Engagement:

    4.5

    Pros:

    • Ideal for futures traders
    • Excellent industry reputation
    • Great educational courses
    • Fast funding options
    • Empowering technology

    Cons:

    • No MetaTrader
    • Recurring fees
    • Limited to futures

    Join NowOur Review

  3. Apex Trader Funding

    3.8

    Apex Trader Funding is a stand-out prop firm for futures traders. It offers exceptional profit splits, lax trading rules, and frequent payouts. While there’s no Discord community, Apex Trader Funding is an overall solid choice.

    Challenge Difficulty:

    5.0

    Profit Share:

    5.0

    Educational Resources:

    3.0

    Customer Support:

    4.0

    Community Engagement:

    2.0

    Pros:

    • Great profit splits
    • Solid reputation
    • Option for fast funding
    • Relaxed trading rules
    • Access to trading tools

    Cons:

    • Only supports futures trading
    • Limited trading platforms
    • Recurring monthly fees

    Join NowOur Review

  4. Leeloo Trading

    3.6

    Leeloo Trading is one of the best prop firms for futures traders. It offers impressive profit splits, non-restrictive rules, and free trials for new traders. While it only allows futures trading, Leeloo is one of the best prop firms of its kind.

    Challenge Difficulty:

    4.5

    Profit Share:

    4.5

    Educational Resources:

    2.0

    Customer Support:

    4.0

    Community Engagement:

    3.0

    Pros:

    • Relaxed trading conditions
    • Great profit splits
    • Solid reputation
    • Nice mobile app
    • Free trials

    Cons:

    • 10-day evaluation restriction
    • Recurring monthly fees
    • Only trade futures

    Join NowOur Review

  5. The Trading Pit

    3.4

    The Trading Pit is an excellent prop trading firm for futures and forex traders. It offers speedy payouts, valuable trading tools, and multiple funding programs. While the profit split is low, TTP has much to offer its traders.

    Challenge Difficulty:

    4.0

    Profit Share:

    3.5

    Educational Resources:

    3.5

    Customer Support:

    4.0

    Community Engagement:

    2.0

    Pros:

    • Multiple tradable assets
    • Simple trading rules
    • Instant payouts
    • Multiple trading platforms
    • No recurring fees

    Cons:

    • Low initial profit splits
    • No discord community
    • Customer service complaints

    Join NowOur Review

A Closer Look at Our Top Futures Prop Trading Firms

Topstep: Best for Education Category

  • What we love about Topstep: Topstep has earned a longstanding positive reputation among futures traders for its impressive profit splits, prompt payouts, and outstanding educational tools.
  • Who Topstep is good for: New futures traders seeking knowledge. Topstep offers educational coaching programs with expert mentors, including group, digital, and one-on-one sessions. These programs are valuable for beginner traders looking to develop their trading strategy and learn about the futures market.

Check out our Topstep Review for more information!

Earn2Trade: Best for Customer Support Category

  • What we love about Earn2Trade: Earn2Trade is a top-rated prop firm that provides traders with an array of educational resources and unlimited access to live support.
  • Who Earn2Trade is good for: Futures traders who value customer service. Their support team is always ready to assist, and you can count on getting a fast and helpful response whenever you need it.

Read our Earn2Trade Review for a closer look at this prop firm!

Apex Trader Funding: Best for Profitability Category

  • What we love about Apex Trader Funding: Apex Trader Funding is a top-notch futures prop firm that makes trading a blast! Traders can enjoy impressive payouts, simple trading rules, and valuable trading tools.
  • Who Apex Trader Funding is good for: Futures traders seeking maximum profit. This prop trading firm lets you keep 100% of your first $25K and 90% after that; this payout structure surpasses competing firms by a large margin!

Dig into our Apex Trader Funding Review for more details!

Leeloo Trading: Best for Flexible Trading Category

  • What we love about Leeloo Trading: Leeloo is an impressive futures firm that offers fantastic profit splits, flexible trading conditions, and a loyalty program that rewards successful traders for their hard work.
  • Who Leeloo Trading is good for: Futures traders of all styles. Their relaxed trading rules support a variety of trading strategies, including swing trading, and there are no daily drawdowns to worry about. Traders can hold their positions over weekends and holidays, giving them even more flexibility to capitalize on market opportunities.

Learn more with our Leeloo Trading Review.

The Trading Pit: Best for Multi-Asset Trading Category

  • What we love about the Trading Pit: TPT provides futures traders with speedy payouts, a range of trader program options, and access to various markets.
  • Who the Trading Pit is good for: Futures traders also trade forex. Most futures prop trading firms only let you trade in the futures market, but not the Trading Pit! This prop firm allows you to trade forex, futures, or a combination of assets.

Check out our Trading Pit Review.

A Beginner’s Guide to Futures Prop Trading Firms

What is a futures prop trading firm?

Trading companies give traders money, new technology, and helpful tools to trade. In return, they get part of the profits. At these companies, traders use smart ways to buy and sell future contracts, making money for themselves and the company.

Pros and cons of joining a futures prop trading firm

Here are some pros and cons of futures prop trading firms!

Pros:

Access to more capital

Connect with other futures traders

Gain access to trading resources and tools

Enjoy a performance-based career

Cons:

Futures prop trading firms may charge expensive fees

Futures prop firms keep a percentage of your profits

Futures prop firms may limit which types of futures you can trade

When you shouldn’t join a futures prop trading firm

Being a futures trader has more risks than a normal office job in finance. A futures trading company might not be the best choice if you want a steady job with sure pay.

How we choose our top futures prop trading firms

We’ve meticulously chosen the best futures prop firms by evaluating how they rank in these crucial categories:

  1. Challenge difficulty— Does the prop firm have strict rules? Can newbies pass the evaluation step?
  2. Profitability— Does the firm let futures traders keep a large share of profits?
  3. Educational resources — Does the firm offer educational tools to support inexperienced traders?
  4. Customer support — Is the customer support team responsive? Do they answer questions thoroughly?
  5. Community engagement — Does the prop firm have a community? Can you join a Discord channel?

Frequently Asked Questions

How much do futures traders make at prop trading firms?

Futures traders’ income at prop firms differs based on experience, strategies, and payment structure. Earnings can range from thousands to millions, but not all succeed. Since it’s high-risk, traders must expect ups and downs.

What are the risks of futures trading at a prop firm?

Futures trading is risky due to market volatility. Unstable prices in the wrong can get you out of compliance and defund your account. Traders need to have sound strategies and risk management rules.

Can beginners start trading futures with a prop trading firm?

Can newbies join prop trading firms for futures? Prop firms usually seek skilled futures traders but may accept beginners who pass a trading test. Find firms offering easy challenges and helpful learning tools.

How do futures prop trading firms evaluate prospective traders?

How do prop firms assess future traders? Typically, they use demo accounts with virtual funds to test trading skills, seeking traders who can profit and handle risk well.

What types of training and support do futures prop firms typically offer?

Prop firms usually offer training courses, webinars, mentorship, coaching, and risk management help. They also have customer support teams ready to answer any questions or address concerns.

The Bottom Line

As a futures trader, success hinges on finding a reliable and supportive prop firm. We’ve tried out, researched, and selected the top five futures prop trading firms with unique benefits, including generous profit-sharing plans, advanced trading tools, and extensive resources to boost your trading skills.

Picking the ideal firm depends on your individual trading approach and monetary goals. To explore even more options, read our breakdown of the Top Prop Trading Firms in the industry!

Best Futures Prop Trading Firms of February 2024 - Analyzing Alpha (2024)

FAQs

What are the best futures prop firms for 2024? ›

Quick Look: Best Prop Trading Firms
  • Best for Beginner Futures Traders: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Stock Traders: Trade the Pool.
  • Best for Experienced and Beginner Forex, Indices and Metal Traders: The 5ers.
  • Best for All Futures Traders: BluSky.

Which is the most trusted prop firm? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

What is the best futures funding company? ›

Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

Who is the best futures trader? ›

Best online brokers for futures
  • Interactive Brokers.
  • E*TRADE.
  • Charles Schwab.
  • tastytrade.
  • TradeStation.

What is the most trusted futures prop firm? ›

Some of the best prop firms for futures are:
  • FTMO.
  • TopStepTrader.
  • IG.
  • DreamTicks.
  • Jane Street.
  • 3Red Partners.
  • The Trading Pit.
Mar 28, 2024

Is FTMO the best prop firm? ›

One of the main reasons why FTMO is a good prop firm is their investment options. They offer traders the opportunity to trade with their own capital, as well as access to additional capital from FTMO.

What is the best funding prop firm in 2024? ›

Comparison of the Best Firms for Prop Trading
Company NameProfit splitMaximum capital
FX2 Funding85%$200000
FTMOUp to 90%$400,000
Lux Trading Firm75%$10 million
Audacity Capital50%$500,000
10 more rows

Why is FTMO banned in the US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

Who is the richest futures trader? ›

Profiles of the Top 5 Richest Traders in the World
  • George Soros: The Master of the Quantum Fund. ...
  • Ray Dalio: Pioneering Bridgewater Associates. ...
  • Warren Buffett: The Oracle of Omaha. ...
  • Carl Icahn: The Activist Investor. ...
  • Paul Tudor Jones: The Contrarian Trader.
Feb 11, 2024

How do I choose a futures broker? ›

Start by listing the services you need or want the firm or broker to provide. Services can range from full-service discretionary accounts to bare bones online trading platforms. If you'll need consulting, advice, and regular updates, you may want a more full-service approach.

What futures are traded the most? ›

The most traded futures contract globally is E-mini S&P 500, with a daily trading volume averaging at 1.6 million contracts. The CME Group's WTI crude oil futures contract is among the most liquid futures contracts worldwide, with a daily trading volume of approximately 1.2 million contracts.

What is the best time to trade futures? ›

1:00 – 3:00 PM is the most liquid part of the afternoon as professional traders balance their books into the close, the last 20 minutes or so into 3:00 PM, the highest volume.

What is the success rate of futures traders? ›

Tradeciety provides clearer and more time-specific futures trading stats–namely, that 40% of all futures day traders quit in 4 months, 80% quit within a year, and that only 7% are able to last 5 years or more. Bear in mind that among the 20% who last over a year, not all of them are profitable, just persistent.

Which is the best brokerage for futures and options? ›

Zerodha is the largest discount broker in India with over 3 million clients. It offers futures trading in equity, commodity, and currency segments at low brokerage rates. Zerodha is best suited for active traders looking for a reliable platform at affordable pricing.

Does FTMO allow futures trading? ›

For example, FTMO clients can access CFD contracts on stock indices, crypto or futures with zero commission. However, the truth is that trading Futures is still much more difficult financially because of paying for the data feed and platforms.

What is the most traded futures contract? ›

The most traded futures contract globally is E-mini S&P 500, with a daily trading volume averaging at 1.6 million contracts. The CME Group's WTI crude oil futures contract is among the most liquid futures contracts worldwide, with a daily trading volume of approximately 1.2 million contracts.

What are the most active futures? ›

Most Active
SymNameChange
ZNM2410-Year T-Note+0-070
NMM24Nasdaq 100 Micro+278.25
ESM24S&P 500 E-Mini+49.25
ZFM245-Year T-Note+0-027
45 more rows

Is funded Next trustworthy? ›

Fundednext is one of leading and trusted funding prop firms in the world, if you are looking to start trading a huge capital up to $300,000. Having tested it, I highly recommend you go ahead and sign up with Fundednext.

Top Articles
Latest Posts
Article information

Author: Velia Krajcik

Last Updated:

Views: 6215

Rating: 4.3 / 5 (74 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Velia Krajcik

Birthday: 1996-07-27

Address: 520 Balistreri Mount, South Armand, OR 60528

Phone: +466880739437

Job: Future Retail Associate

Hobby: Polo, Scouting, Worldbuilding, Cosplaying, Photography, Rowing, Nordic skating

Introduction: My name is Velia Krajcik, I am a handsome, clean, lucky, gleaming, magnificent, proud, glorious person who loves writing and wants to share my knowledge and understanding with you.