Best Forex Brokers with Funded Accounts Review (2024)☑️ (2024)

  1. What is Funded Account Broker?
  2. Best Forex Brokers with Funded Accounts
  3. How to Get a Funded Forex Account?
  4. What Is a Self-Funded Account?
  5. Forex Brokers with Funded Account List

What is Funded Account Broker?

Funded Account Brokers offer and provide you with real funds to start trading, allowing you to work on Trading Account without having to deposit cash or collateral into the account offering clients an initial significant capital to start profitable trading, yet mainly reserved for Professional Traders with proof only.

  • The main benefit of a Trading Funded account is that funded programs offer professional traders a large amount of capital, so traders can operate higher volumes and enable benefit for both parties by receiving portion of profits as defined by the program.
💰 Unlimited Funded AccountsDepends on broker
📉 PositionsSell and Buy
📈 Trading InstrumentsAll, as offered by Broker
🏦 AvailabilityFor Professional Traders only, or Traders that prove Trading Record

Funded Account Platform

Funded Account Trading can be highly attractive for some traders, however, not every Platform or Broker offers it. First thing you have to check the broker you consider if it offers a Funded Account to trade on its platforms.

Here are some notes about funded accounts to consider:

  • Many forex traders wonder how they can become funded traders. Mostly, traders undergo an evaluation process to be eligible as Funding traders or to prove professional trading status. However, some brokers offer immediate accounts, yet, mostly these brokers also charge higher participation fees.
  • The main advantage of Funded accounts is the limited risk to the trader, yet it comes together with some obligations towards the account too.
  • Funded traders are able to make unlimited profits for that, they need to follow the rules set by the broker they are signed with, including but not limited to limitations on Instruments like Shares, Futures Cryptos, Leverage or Hours of Operation, so in case you break the rule account is lost
  • Commonly, when a broker offers a Funded account, traders also get access to educational materials, such as webinars, and support. Since Brokers will definitely implement some restrictions to control Risk Management and Account maintenance, so the trader will be guided and be better aware of how to conduct their trades legitly
  • To determine whether a funded trading program is worth trying, examine the broker’s track record. A reputable firm may provide valuable services; however, if they do not meet your needs it would be prudent to look for another provider.
Funded AccounT AdvantageFunded AccounT Disadvantage
Great opportunity for Professional Traders with no Deposit NeededMany Offshore or Scam Brokers offer Funded Accounts
Lower FeesProfessional Skills Requires
Large Trading VolumeStrict Rules towards account maintanance
Better Market ExposureLimitations on some startegies

Top 5 Best Forex Broker with Funded Accounts

Here we made a selection of Top Funded Account Brokers ranked by category by us,that may suit professional traders or traders with experience:

  • HFM — Best Overall Funded Account broker 2024
  • BlackBull Markets – Best MT4 Funded Account Broker 2024
  • FP Markets – Best Funded Account Broker for Beginners 2024
  • Eightcap– Best Funded Account Gold Social Trading Broker 2024
  • BDSwiss – Best Lowest Spread Funded Account Broker 2024

How to Get a Funded Forex Account?

Funded forex accounts offered by brokers under certain conditions, while some brokers may offer them immediately, charging higher rates for registration. Or, others have an evaluation process or basic Trading Test to pass, which may take some time to prove sustainability, and only after that, they will grant Funded account.

What Is a Self-Funded Entity Account?

Self-Funded accounts are when trader fund account with their own money or funds, also typically learn how to trade and create own strategies for trading. However, some traders do not succeed to build successful risk models, and as a result may fail their accounts and funds invested, which is necessary to consider before getting started.

How does forex funded account evaluation work?

To get a forex-funded account, traders first need to be tested, so to prove ability as a forex-sponsored trader, therefore trader will undergo an evaluation process according to the rules set by the broker. If you meet all of the requirements, you will be eligible for funding from the firm’s capital.

List of Brokers offering Funded Accounts

Here we made a full list of Regulated Forex Brokers who may have Funded accounts in their offering:

Broker Detail
Best Forex Brokers with Funded Accounts Review (2024)☑️ (1)FXGT.com

Min. Deposit: $5

Max. Leverage: 1:30 | 1:1000

Trading Platforms: MT5, WebTrader, MT4

Regulation: FSCA, FSA, VFSC, CySEC

FXGT.com Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (2)OANDA US

Min. Deposit: No minimum deposit

Max. Leverage: 1:50

Trading Platforms: MT4, fxTrade Mobile, TradingView

Regulation: NFA, CFTC

OANDA US Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (3)XM

Min. Deposit: US$5

Max. Leverage: 1:30 to 1:1000

Trading Platforms: MT4, MT5, XM WebTrader

Regulation: CySEC, ASIC, FSC, DFSA

XM Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (4)XPro Markets

Min. Deposit: $250

Max. Leverage: 1:30 | 1:400

Trading Platforms: MT4, Webtrader

Regulation: FSCA

XPro Markets Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (5)Conotoxia

Min. Deposit: $100

Max. Leverage: 1:30

Trading Platforms: MT5, cTrader

Regulation: CySEC

Conotoxia Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (6)Questrade

Min. Deposit: $1,000

Max. Leverage: Margin Trading

Trading Platforms: Questrade Web, QuestMobile, Questrade Edge Mobile, Questrade Edge, Questrade Global

Regulation: IIROC, CIPF, SEC, FINRA

Questrade Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (7)DeltaStock

Min. Deposit: $100

Max. Leverage: 1:30 | 1:200

Trading Platforms: MT4, MT5, Delta Trading Web, Desktop, and Mobile

Regulation: FSC

DeltaStock Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (8)E-Trade

Min. Deposit: $0

Max. Leverage: Margin Trading

Trading Platforms: Power E*TRADE web, Power E*TRADE app, E*TRADE app, E*TRADE web

Regulation: SEC, FINRA, CFTC, SIPC, NFA, FDIC

E-Trade Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (9)Moomoo

Min. Deposit: $0

Max. Leverage: Margin Trading

Trading Platforms: Moomoo Desktop, Moomoo Mobile

Regulation: SEC, FINRA, SIPC, ASIC, MAS

Moomoo Review
Best Forex Brokers with Funded Accounts Review (2024)☑️ (10)Eurotrader

Min. Deposit: $50

Max. Leverage: 1:30 | 1:1000

Trading Platforms: MT4, MT5

Regulation: CySEC, FCA, FSCA, FSC, FSA

Eurotrader Review
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Best Forex Brokers with Funded Accounts Review (2024)☑️ (2024)

FAQs

Best Forex Brokers with Funded Accounts Review (2024)☑️? ›

Overview: Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

Which is the best forex funding company? ›

The most popular prop trading firms and funded programs
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • The 5%ers.
  • Funded Next.
  • Funded Trading Plus.

What is the best prop firm in June 2024? ›

Overview: Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

What is the most legit forex broker? ›

  • OANDA - Best US forex broker overall. ...
  • Forex.com - lowest spread forex broker. ...
  • IG - best forex broker for beginner traders. ...
  • Interactive Brokers - best broker commission rates. ...
  • TD Ameritrade - best U.S.-based customer support. ...
  • eToro - best social and copy trading platform. ...
  • Trading.com - good selection of currency pairs.
Dec 19, 2023

Which funded account is best for beginners? ›

Quick Look: Best Funded Trading Programs
  • Best for Beginner Future Traders: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Experienced Forex Traders: The5ers.
  • Best for Stock Traders: Trade the Pool.
  • Best for Seasoned and Undercapitalized Traders: Top One Trader.
  • Best for Futures Trading: OneUp Trader.
Aug 6, 2024

Which is the safest forex broker? ›

Compare the Best Forex Brokers
BrokerStar RatingForex Pairs
IG4.780
XTB4.480
AvaTrade4.355
Pepperstone4.662
4 more rows
Aug 29, 2024

Is forex funded account worth it? ›

So, are funded trading programs worth it? Absolutely! Joining a funded trading program can give you a lot of flexibility—you don't have to risk your capital, and you can use higher leverages. With the right trading mindset, a solid strategy, and good risk management in place, you too can become a funded trader.

Which prop firm is better than FTMO? ›

Yes, there are many sites offering similar services to FTMO. These include FunderPro, SabioTrade, the5ers and many more. If you are looking for an alternative to FTMO, FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

What is the best prop firm in 2024 Trustpilot? ›

As we conclude our list, it's evident that Blue Guardian, Funding Pips, UWM, For Traders, and My Flash Funding, each with a Trustpilot rating of 4.8, stand out as the best forex prop firms of 2024 for traders seeking 10K accounts.

Which broker is most reliable? ›

Summary of the best online brokers:
  • Fidelity.
  • Interactive Brokers.
  • Webull.
  • Robinhood.
  • Charles Schwab.
  • E*TRADE.
  • J.P. Morgan Self-Directed Investing.
  • Public.

Which forex broker is best for beginners? ›

Quick Look: Best Forex Brokers for Beginners
  • Best for Overall for Beginners (US & Int): FOREX.com.
  • Best for Simplified Trading Platform (US & Int): Trading.com.
  • Best for Ease-of-Use (US & Int): Plus500.
  • Best for No Commissions (US & Int): tastyfx.
  • Best for Educational Resources (Int Only): AvaTrade.

What is the safest forex trading? ›

The least volatile and thus the most stable forex pairs are majors: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, GBP/JPY, EUR/JPY, and USD/CAD. What is the Safest Currency Pair to Trade? Beginner traders are recommended to trade major currency pairs and avoid trading exotics.

What is the best funded trading account 2024? ›

Topstep offers the best funded trader program for a low price and with a free trial available. Future contracts are tradable at Topstep, and the revenue share is favorable with 90%-100%. They have been funding traders for 10 years, paid out $40,354,668+ since 2020, with currently over 30,000 funded accounts per month.

Which platform is best for a funded account? ›

FTMO and Topstep are two of the best funded trader program in 2023. FTMO is considered to be the best platform for forex traders with realistic evaluation criteria, high profit splits with covered losses and funded accounts of up to $ 400,000.

Which forex funding is best? ›

E8 Funding

E8 is a unique prop firm that offers various solutions for forex and contract for difference (CFD) traders worldwide. The firm has many funding opportunities that make it easier for traders to become professionals, as they can manage their accounts virtually from anywhere in the world.

Which trading prop firm is best? ›

Our top picks meet these criteria.
  1. Best Futures Prop Firm: Apex Trader Funding. ...
  2. Best Choice for Funded Futures Trading: Earn2Trade. ...
  3. Best for Experienced Traders: FXIFY. ...
  4. Best Stock Trading Prop Firm: Trade the Pool. ...
  5. Best for Forex, Indices and Metal Traders: The 5%ers.
Aug 6, 2024

What is the best way to fund a forex account? ›

There are three easy ways to fund your account:
  1. Bank Transfer (ACH) – Recommended. You can transfer a maximum of $10,000 or currency equivalent per transaction and funds will typically be available immediately for trading. ...
  2. Wire Transfer. There is no minimum or maximum deposit amount for wire transfers. ...
  3. Debit Card.

What is better FTMO or my forex funds? ›

When comparing the prop trading firms "My Forex Funds" and "FTMO," there are some notable differences in their fees, costs, features, and supported securities. Starting with fees, My Forex Funds charges a monthly subscription fee of $299 for their evaluation program, which some traders find to be on the higher side.

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