Prop firms are a great solution for traders with a lack of capital, but they often require a lot of work to pass challenges and evaluations before you finally get your desired funded account.
Thankfully, there are prop firms with no evaluation. You don’t need to pass any challenge, you just receive instant funding right from the start.
In this article, you’ll learn what are the top best trading prop firms with no evaluation and you’ll be able to compare them to choose the best one for your personal situation.
The Top 3 Best Instant Funding Prop Firms
Here’s the list of the 3 best instant funding proprietary trading firms.
REVIEW
Funded Trading Plus is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full Funded Trading Plus review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $2,500,000
Profit split: up to 90%
Cost: from $119
Platforms: MetaTrader 4, and MetaTrader 5
REVIEW
FTUK is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full FTUK review
FEATURES
Instruments: Forex, Indices, Commodities, Crypto.
Max balance: $5,760,000
Profit split: 80%
Cost: from $149
Platforms: MetaTrader4 and MetaTrader 5
REVIEW
City Traders Imperium is a Forex prop firm, located in UK. It was founded in 2018. Read the full City Traders Imperium review
FEATURES
Instruments: Forex, Indices, Metals, Commodities.
Max balance: $2,000,000
Profit split: up to 100%
Cost: from $49
Platforms: MetaTrader 5
How Should I Choose A Prop Firm
If you are undecided between two or more instant funding prop trading firms, you can use ourprop firm comparison tool. Just choose the firms that you want to compare and immediately check the results with a detailed comparison.
How Were These No Evaluation Prop Trading Firms Chosen And Rated
The prop firms that appear here were rated based on different factors, which include:
- Difficulty: How easy it is to maintain an instant funded account.
- Trading platforms: The range of trading platforms available.
- Customer support: How fast and reliable the prop firm’s customer support is in solving your problems and answering your questions.
- Profit split: How much of the profits the prop firm shares with you.
- Instruments: How vast the range of instruments available to trade is.
- Cost: How much does a funded account cost to apply and maintain.
- User Rating: How good the prop firm is rated by other users.
What Can You Trade On A No Evaluation Prop Firm
Typically, you can trade any CFD product with a prop firm with no evaluation.
The instruments available in the vast majority of proprietary trading firms are:
- Forex:All major, minor, and even exotic pairs are there if you are a Forex trader.
- Indices:Traded as CFDs, you have all the important indices available to trade including Dax, Nasdaq, Dow Jones, S&P500, FTSE, and others.
- Commodities:Natural Gas, Crude, and Brent Oil.
- Metals:Silver, Gold, and Palladium
- Stocks:On some prop firms you may have stocks available although the list is not big.
- Crypto:On some prop firms you have all the major cryptos available, like BTC, ETH, LTC, XRP, ADA, DOT, DOGE, and a few more.
How Big Are The Instant Funded Accounts
The maximum prop firm’s instant funded accounts typically go up to $1,000,00 or $2,000,000.
These balances are only achieved after scaling though, after you get your initial account balance and keep trading without breaching any rule from the prop firm.
How Much Is The Profit Split
For instant funded accounts, the profit split is not big, usually around 50%. But on some prop firms, it may increase over time, up to a maximum of 90%.
What Trading Platforms Are Available?
Most of these prop firms with no challenge give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms:
- MetaTrader 4
- MetaTrader 5
- cTrader
Are No Evaluation Prop Firms Legit?
Yes, no-evaluation prop trading firms are legit and exist as real companies.
If you read the individual review for each prop firm you’ll find more details about the company and how to contact them.
Advantages Of No Evaluation Prop Firms
- You get access to an instant funded account immediately.
- You don’t need to risk your own capital to trade.
- You can get funded with big-sized accounts, so you don’t need to overleverage and gamble your small account to potentially make decent profits.
- You are forced to follow proper risk management rules.
Disadvantages Of No Evaluation Prop Firms
- The profit split is lower when compared to programs with evaluation or challenges.
Learn More
- What is prop trading
- Prop firms comparison tool
- List of thebest prop trading firms
Get My 6-day FREE Trading Course That You Can't Afford to Lose
FAQs
FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.
Which prop firm has the fastest payout? ›
Funding Pips and Maven lead the rankings with the most frequent pay-outs, offering transactions every 5 days. Close behind, Traddoo and Funded Trading Plus offer weekly pay-outs. Smart Prop Trader, with its 12-day pay-out cycle, caters to those with a trading style that can accommodate less frequent access to funds.
What percentage of traders pass the prop firm challenge? ›
That result should look catastrophic for anyone who hopes to join a prop firm. The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.
What is the difference between instant funding and evaluation? ›
An instant funding account can be contrasted with an evaluation account. Whereas an evaluation account requires an evaluation before you can qualify and start trading, an instant funding account does not. You skip the evaluation process and instead pay a fee.
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.
Best Instant Funding Prop Firms
- FundYourFX – Instant Funding, High-Profit Split.
- Funded Trading Plus – Experienced Traders, Instant Impact.
- City Traders Imperium – Trading Flexibility, High-Profit Share.
- Traders with Edge – Empowering All Traders, Mentorship.
- FTUK – Accelerated Earnings, Instant Funding.
FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.
What is the cheapest prop firm? ›
Best cheap forex prop firms
- FTMO: evaluations starting at $399.
- TopStepTrader: Challenges starting at $375.
- T4tCapital: Flexible evaluation options starting at $299.
- Funded Trading Plus: Starting at $25.
- Earn2Trade: $99 Mini challenge.
- True Trading Group: $49 evaluation with a $25,000 virtual account.
Prop trading can be lucrative, with earnings tied to a profit-sharing ratio. Unlike traditional brokers relying on commissions, prop traders' income directly links to generated profits. Ratios vary, often ranging from 75/100 to 90/100, offering flexibility based on experience and strategy.
How many people pass prop firm evaluations? ›
Around 10% pass
According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.
By perfecting your trading plan, practicing consistently, mastering risk management, developing emotional discipline, keeping detailed records, and learning from your mistakes, you can significantly enhance your chances of success in these assessments.
Are there free prop trading firms? ›
Some cheapest prop firms with free challenge accounts set high-profit targets and drawdown limits – restricting many traders from getting a refund. Meanwhile, Funding Traders offers a stress-free evaluation period with simple rules to pass the challenge.
Can I trust instant funding? ›
ScamAdviser gives instantfunding.ca a low trust score of 32/100. The score is determined by an algorithm that takes into account over 40 data points. Underdeveloped website. There's limited information on the Instant Funding website about which lenders it partners with to provide access to loans.
When can I withdraw from instant funding? ›
You can request your first payout after 14 days, provided you have made a 5% gain. You can then request a payout via the dashboard every 7 days.
How does prop firm evaluation work? ›
Most prop firms implement a structured evaluation process designed to assess a trader's aptitude and potential. This process often includes a demo trading phase where prospective traders showcase their skill in a simulated environment.
Which prop firm has 0 minimum trading days? ›
If you want prop firms with no minimum trading days, Smart Prop Trader is the right choice. We are a proprietary firm in Austin, Texas, established in 2022, and we aim to offer exemplary benefits and spreads to traders.
Where is instant funding prop firm located? ›
Traders keep 90% of the profit they generate in their funded account. We're not a fly-by-night company. Based in Naples, Florida, instant funding prop firm is a well-funded proprietary trading firm, funded by a venture capital group and holding company.
Which prop firm has no time limit? ›
A prop firm with no time limits does not impose a minimum of trading days. Without the minimum, traders can take time to try different approaches in varying market conditions without pressure.
Which prop trading has no time limit? ›
Direct Funded Trader (DFT) is a prop firm providing funded trading accounts across forex, futures, stocks, and crypto markets. They offer a lifetime profit split model with no time limits on their highest account tiers. DFT launched in 2020 and currently works with over 1,800 funded traders.
