Funding Models
Evaluation Prop Firms
65 firms match this criteria
Evaluation-based funding is the most common model in the retail prop industry. You pay an upfront fee for an evaluation account, hit defined profit and drawdown targets, and only then get access to a funded account and payouts.
The trade-off vs. instant funding is time and effort in exchange for a lower upfront cost. The trade-off vs. firm-capital models is that most evaluation firms fund you on a simulated (SIM) account rather than live firm capital — payouts come from the firm's balance sheet, not real market P&L.
The firms below run an evaluation or challenge phase. Rules, targets, and account sizes vary widely — read each firm's specific rulebook before committing a fee.
Industry statistics
What this group looks like
Auto-computed from proprietarytrading.com's firm database
- Offer instant funding
- 9%
- Allow copy trading
- 30%
- Typical profit split
- 90%
- Most common platforms
- MetaTrader 5 · MetaTrader 4 · NinjaTrader
6 of 65 firms
19 of 64 firms
Median across 64 firms
MetaTrader 5 (34) · MetaTrader 4 (25) · NinjaTrader (20)
| Firm | |
|---|---|
| My Funded Futures Charlotte, USA 4.9(18,730) | |
| FTMO Prague, Czech Republic 4.8(43,504) | |
| FTMO Swing Prague 4.8(43,504) | |
| Alpha Capital Group London, UK 4.7(19,784) | |
| Bulenox Dallas, USA 4.7(1,631) | |
| Earn2Trade Budapest, Hungary 4.7(4,827) | |
| Lucid Trading Dallas, TX, USA 4.7(4,028) | |
| OneUp Trader Las Vegas, USA 4.7(2,532) | |
| The 5%ers Tel Aviv, Israel 4.7(28,394) | |
| The5%ers Bootcamp Tel Aviv 4.7(28,394) | |
| Trader Career Path (Earn2Trade) Houston, TX 4.7(4,827) | |
| BluSky Trading Co Denver, CO 4.7(832) | |
| Hola Prime Dubai, UAE 4.6(1,693) | |
| TradeDay London/Chicago 4.6(1,348) | |
| Tradeify Wilmington, USA 4.6(2,831) | |
| Crypto Fund Trader London, UK 4.5(1,127) | |
| FundedNext Dubai, UAE 4.5(69,683) | |
| FundingPips Dubai, UAE 4.5(57,200) | |
| TopOne Trader Hong Kong 4.5(3,189) | |
| Taurus Arena Limassol, Cyprus 4.5(312) | |
| Funded Trading Plus London, UK 4.4(2,653) | |
| FXIFY London, UK 4.4(5,908) | |
| Take Profit Trader Phoenix, USA 4.4(9,525) | |
| Lark Funding Riga, Latvia 4.4(580) | |
| Trade The Pool Israel 4.4(656) | |
| Apex Trader Funding Austin, USA 4.3(19,436) | |
| City Traders Imperium London, UK 4.3(1,686) | |
| Smart Prop Trader Madrid, Spain 4.3(2,520) | |
| Funded Futures Network Charlotte, USA 4.3(441) | |
| TradeFundrr Tampa, FL, USA 4.2(67) | |
| Axi Select Sydney 4.1(6,780) | |
| For Traders Tallinn, Estonia 4.0(1,585) | |
| ThinkCapital Cyprus 4.0(607) | |
| BrightFunded Amsterdam, Netherlands 4.0(545) | |
| Mental Funding Under review Sofia, Bulgaria 4.0(9) | |
| PipFarm Sydney, Australia 4.0(378) | |
| Fidelcrest Limassol 3.9(1,766) | |
| Titan FX Funded Port Vila 3.9(167) | |
| Maven Trading Dubai, UAE 3.9(111) | |
| Elite Trader Funding Las Vegas, USA 3.8(1,084) | |
| Funded Engineer Dubai, UAE 3.8(1,233) | |
| Lux Trading Firm London, UK 3.8(623) | |
| Funder Trading New York, NY 3.7(17) | |
| OANDA Prop Trader London 3.7(1,216) | |
| Top Tier Trader Toronto, Canada 3.6(4,298) | |
| AlphaCrypto Capital Under review Singapore No community reviews yet | |
| Apekapital Under review Berlin, Germany No community reviews yet | |
| Blue Guardian Toronto, Canada 3.5(2,183) | |
| Finotive Funding Saint Lucia 3.5(965) | |
| Funding Traders Dubai 3.5(3,302) | |
| Legends Trading Chicago, IL, USA 3.5(113) | |
| Phidias Propfirm Limassol 3.5(288) | |
| SabioTrade Limassol, Cyprus 3.5(724) | |
| The Trading Pit Vaduz, Liechtenstein 3.5(948) | |
| TickTickTrader London, UK 3.5(6,670) | |
| Topstep Chicago, USA 3.5(14,130) | |
| Topstep Stocks (Topstep Equities) Chicago, IL 3.5(14,130) | |
| Uprofit Tampa, USA 3.5(6,541) | |
| ZeroToFunded Under review Toronto, Canada No community reviews yet | |
| Leeloo Trading Chicago, USA 3.2(609) | |
| Aqua Funded Dubai, UAE 3.0(1,413) | |
| Blueberry Funded Sydney 3.0(1,527) | |
| Atlas Funded London 2.9(851) | |
| Goat Funded Trader Dubai, UAE 2.5(4,043) | |
| Traders Central Fund Toronto, Canada No community reviews yet |
Related lists
Explore related criteria
Funding Models
Instant Funding
Prop firms that fund traders without a traditional evaluation phase.
Funding Models
Firm Capital Firms
Prop firms that fund traders directly with live firm capital (no SIM evaluation).
Rules & Restrictions
Copy Trading Allowed
Prop firms that explicitly permit copy trading across accounts.
Rules & Restrictions
Static Drawdown
Prop firms whose max drawdown is fixed at the starting balance, not trailing.
Asset Classes
Futures
Prop firms that fund traders to trade futures on regulated exchanges.
Trading Platforms
NinjaTrader
Prop firms that support NinjaTrader for order routing and charting.