Best prop firm for forex traders
Forex prop firms compete on leverage (1:30 to 1:100), drawdown style (balance-based vs equity-based), and evaluation length. Top forex picks below.
What we looked at
- ✓MetaTrader 4/5 native
- ✓Leverage ≥ 1:50
- ✓News trading allowed
- ✓Reasonable consistency rules
Top picks
1
FTMO
Profit split: 80–90%Daily DD: 5%Max loss: 10%Price: €155 – €1,080
Industry standard. 1:100 leverage, news trading allowed, 80–90% split, mature payout track record.
2
The5ers
Profit split: 80%Daily DD: 4%Max loss: 4–8%Price: $39 – $615
Scaling plan to $4M. Lower entry cost ($39 bootcamp). 4% daily DD is strict but balance-based.
3
True Forex Funds
Profit split: 80%Daily DD: 5%Max loss: 10%Price: $97 – $897
FTMO-clone rules at lower price. 5% daily, 10% max, 5-day min, 80% split.
4
MyFundedFX
Profit split: 75–85%Daily DD: 5%Max loss: 10%Price: $49 – $849
One-step evaluation option for traders who hate two-phase challenges.
FAQ
Which forex prop firm has the highest leverage?
FTMO, MyFundedFX, and True Forex Funds all offer 1:100. The5ers caps at 1:30 (EU regulated).
Can I scalp on these firms?
Yes — all 4 firms above explicitly allow scalping and EAs.
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