Top 5 Best Funded Trading Accounts

Introduction

Funded trading accounts have become increasingly popular among traders looking to manage larger amounts of capital without risking their own money. These programs allow traders to demonstrate their skills in a real-world trading environment and, upon meeting specific criteria, receive funding from proprietary trading firms. This opportunity can be a game-changer for traders who are confident in their strategies but may not have sufficient capital to trade at a higher level.

The goal of this article is to present and rank the top five funded trading account programs based on their funding options, evaluation processes, and trader support. Whether you're an experienced trader or someone looking to scale up, this guide will help you find the right program to take your trading to the next level.

Topstep

Overview: Topstep is one of the most well-known funded trading programs, particularly in the futures trading community. Established in 2012, Topstep allows traders to prove their skills in a simulated environment before transitioning to live funded accounts.

Key Features:

  • Funding Amount: Traders can access up to $500,000 in capital.
  • Evaluation Process: Two-step evaluation process (Step 1: Prove profitability; Step 2: Demonstrate consistency).
  • Profit Split: Up to 80% profit split for traders.
  • Risk Management: Strict risk management rules to ensure traders are disciplined.

Why It's the Best: Topstep is highly regarded for its clear and structured evaluation process, making it a great choice for traders who want a transparent path to securing funded capital with a reputable company.

FTMO

Overview: FTMO is a global leader in the funded trading space, offering opportunities for forex and CFD traders. FTMO has gained a strong reputation for its comprehensive evaluation process and support for traders.

Key Features:

  • Funding Amount: Up to $400,000 in capital after passing the evaluation.
  • Evaluation Process: Two-step challenge (Challenge Phase: Meet profit targets; Verification Phase: Confirm consistency).
  • Profit Split: 80/20 profit split, with the potential to reach 90% for successful traders.
  • Scaling Plan: Opportunities to increase account size for consistent traders.

Why It's the Best: FTMO is known for its generous profit split and scaling plan, making it ideal for traders who want to grow their capital while receiving ongoing support from a reputable firm.

The5ers

Overview: The5ers is a funded trading program that focuses on long-term trader development, offering capital for forex and CFD traders. The program emphasizes risk management and consistent profitability.

Key Features:

  • Funding Amount: Up to $100,000 in capital, with the ability to scale up to $1.28 million.
  • Evaluation Process: Single-phase evaluation with no time limit to reach targets.
  • Profit Split: 50/50 profit split, with higher percentages for advanced accounts.
  • Low-Risk Program: Emphasis on low-risk trading strategies to build sustainable success.

Why It's the Best: The5ers stands out for its trader-friendly evaluation process with no time constraints, making it a top choice for those who prefer a stress-free environment to demonstrate their skills.

My Forex Funds

Overview: My Forex Funds is a relatively new but rapidly growing funded trading firm that offers a variety of account options tailored to different trader levels, from beginners to experienced professionals.

Key Features:

  • Funding Amount: Up to $300,000 in capital, with options to increase.
  • Evaluation Process: Three types of programs (Rapid, Evaluation, and Accelerated) to suit different trading styles.
  • Profit Split: 75/25 profit split, increasing to 85/15 for consistent traders.
  • Low Fees: Competitive fees and rapid payouts for successful traders.

Why It's the Best: My Forex Funds is known for its flexibility in account options and competitive profit splits, making it a great option for traders at all levels who want tailored support and rapid growth opportunities.

OneUp Trader

Overview: OneUp Trader is a funded trading program that focuses on futures trading. It offers traders the opportunity to earn funded accounts by demonstrating their skills in a simulated environment.

Key Features:

  • Funding Amount: Up to $250,000 in capital.
  • Evaluation Process: Single-phase evaluation with a focus on achieving profit targets within a 15-day minimum.
  • Profit Split: 80/20 profit split.
  • Flexible Trading: No restrictions on the number of contracts or trading hours.

Why It's the Best: OneUp Trader is favored for its straightforward evaluation process and flexibility, making it a top choice for futures traders looking for a quick path to a funded account with minimal restrictions.

Conclusion

Funded trading accounts offer a unique opportunity for traders to access significant capital without risking their own funds. These programs provide the support and resources needed to grow as a trader, while also offering the potential for substantial profits. Whether you're looking for a straightforward evaluation process, generous profit splits, or the ability to scale up your trading account, there is a funded trading program that can meet your needs.

When choosing a funded trading program, it's important to consider your level of experience, trading style, and long-term goals. By selecting a program that aligns with your objectives, you can maximize your chances of success and take your trading to the next level.