Proprietary Trading (aka prop trading), offered by prop firms, allows users the ability to access simulated capital at a low buy-in price with the aim of completing a challenge to earn a funded account.
Funded accounts allow traders to request payouts, which means the simulated capital can furnish actual payouts to traders of whom are successful enough to complete a challenge. Several prop trading firms stand out as offering flexible trading conditions, cutting-edge technology, and competitive profit shares as the industry continues to rapidly evolve.
In this article, we highlight the top prop firms for 2024 and offer tips on how traders could seize these opportunities as the year comes to a close. We will examine the top companies dominating Google search results and drawing interest in Q4 2024 as more traders search for the best prop firms and strategies to pass trading obstacles.
1. FTMO – Leading the Pack
When it comes to prop trading, FTMO remains the most popular firm for traders in 2024. With max account size of $200,000, a max allocation of up to $400,000, and profit splits of 90%, FTMO tops the charts in Google searches for its challenging two-phase evaluation process. Traders frequently search for how to pass FTMO challenges and strategies to meet their trading objectives while maintaining strict risk management. As FTMO evolves, its platform’s user-friendly interface and global community make it a top choice in the prop firm space.
2. The5ers – The Long-Term Growth Solution
For traders focused on scaling plans and sustainable growth, The5ers ranks high in search volume for its innovative approach. Offering up to $4 million in account sizes through scaling, The5ers is becoming increasingly popular, especially for traders searching for low-risk prop trading firms. With growing interest in long-term stability, this firm meets the demand for traders who want to scale accounts over time while keeping consistent profit percentages. With The5ers, the profit split increases with the scaling plan.
3. OANDA Prop Trader – AI-Powered Trading
New in 2024, OANDA Prop Trader, backed by one of the biggest brokers, Oanda, has quickly climbed up the rankings in Google searches for its advanced algorithmic and AI-powered trading tools. Offering flexible evaluations and 90% profit splits, this firm has caught the attention of traders looking for prop firms using AI. OANDA’s use of automated trading and machine learning makes it a leader in forex trading innovation. Automated trading helps traders execute trades quickly and accurately based on set rules, while machine learning analyzes large amounts of data to find patterns and improve strategies. This technology appeals to traders who want the latest tools to boost their trading results and stay ahead of the market.
4. Topstep – Best for Futures Traders
Among the firms specializing in futures trading, Topstep continues to trend high. Known for its transparent evaluation process, Topstep is favored by traders searching for how to pass the Topstep challenge or seeking prop trading firms for futures. With max allocation of 5 XFA (Express Funded Account), a max account size is $150,000 and 90% profit splits, that is traders keeping 100% of the first $10,000 they make and then 90% of profits after that. Topstep remains one of the best choices for those focused on futures markets.
5. Funded Trading Plus – No Time Limits
Although most firms have unlimited time challenges, one of the most popular in prop trading without time limits is Funded Trading Plus (FTP), a standout firm in 2024. FTP is gaining search volume thanks to its stress-free, no-deadline evaluation model. Traders can pass the challenge at their own pace, making it highly popular for those searching for prop firms with flexible evaluations. The ability to trade without pressure has boosted FTP’s reputation and search traffic this year.
How to Choose the Right Prop Firm in 2024?
With so many firms competing for attention, finding the best fit can be overwhelming. That’s where PropFirmMatch.com comes in, offering traders a simple, user-friendly prop firm comparison and evaluation tool. Users can filter firms by profit splits, evaluation fees, and account sizes, helping them decide which firm suits their style. With searches for best prop trading firms and prop trading comparison sites on the rise, PropFirmMatch.com is emerging as the go-to resource for traders looking to get funded in 2024.
Finding the right prop firm for you can be an overwhelming choice to make, given that there are so many reliable firms out there. PropFirmMatch.com offers traders a straightforward, user-friendly prop firm comparison tool. Through filters such as profit splits, evaluation fees, and account sizes, users can easily compare companies to choose which one best fits their trading approach. PropFirmMatch.com is becoming a go-to source for traders hoping to get funded in 2024 as searches for best prop trading firms and prop trading comparison sites continue to rise.
Final Thoughts
As prop trading also continues to grow in popularity, more traders are looking for firms that offer flexible trading conditions, advanced tools like AI, and sustainable growth models. Whether you’re searching for best-funded accounts or comparing prop firms, 2024 offers more opportunities than ever before. Sites offering specific firm comparisons like PropFirmMatch.com make the decision process easier, allowing traders to find the right prop firm tailored to their trading style.