Compare the best prop firms with our leading and most accurate prop firm comparison tool at WR Trading to help you determine the best fit for you.
Now, all in a single place, you can examine prop firms side-by-side and filter to find different platform features, plans, prices, deals, offers, support, and, of course, the various challenge rules and payout structures across multiple firms. We provide ratings and scores for each firm based on our independent evaluation and assessment process, and we include links to our in-depth review of each prop firm so you can learn more. This way, you don’t have to do any testing yourself.
How To Use Our Prop Trading Firm Comparison Tool
Our prop firm comparison tool allows you to explore and compare leading prop firms, all in one place, and review their various aspects, including prices, plans, rules, customer support, trading platforms, funded account types, and, importantly, payout schemes, to give you a holistic side by side comparison so you can choose the best prop firm for your own unique trading style and use case.
Here’s a step-by-step process on how to effectively use our prop firm comparison tool:
Step 1: Open WR Trading Prop Firm Comparison Tool
Open our prop firm comparison tool page by going directly to https://wrtrading.com/tools/prop-trading/firms/compare/ in your preferred browser on any device (you can view it on any operating system: Windows, macOS, Android, or iOS).
Step 2: Select the Prop Firms You Want to Compare
Choose the prop firms you want to compare. You can choose a single (1) prop firm and see the breakdown of its specifications, or up to 5 prop firms for a detailed side-by-side comparison. Currently, our tool covers a total of 15 prop firms that you can select and compare.
Step 3: Review the Overall Rating
After you select the prop firms you want to compare, the very first section that you will see is the “Overall Rating” tab. Here, you can see our independent rating from 1 (the lowest) to 5 (the highest). For this section, we look at four primary criteria: Rules, Platforms, Support, and Payout. We then rate these four aspects on a scale of 1 to 5, and then average them to produce the overall rating you can see.
Step 4: Review the Breakdown (all available factors)
Scrolling further, you will then see a much more thorough breakdown of all the various factors you can take into consideration. This is particularly useful if you are filtering for a specific aspect or feature. These sections are: Prop Firm Pictures, Details of Funded Accounts, Rules, Payments, and Trading.
- First, in the “Prop Firm Pictures” section, you will see a quick visual walkthrough of each prop firm’s platforms and dashboards, allowing you to instantly assess each firm’s User Interface (UI) and determine if you prefer a particular look of a specific prop firm over another.
- The following section is the “Funded Accounts” where you will quickly see key statistics regarding the prop firm’s funded accounts, namely: the number of account types available, the minimum and maximum balances you need to maintain, the type of challenge, if there is instant funding, profit sharing split, costs and fees, and if you can open and trade more than 1 account at any given time.
- The “Rules” section covers all the prop firm’s rules you need to be aware of, including maximum drawdown, daily loss limit, profit target, maximum position size, minimum trading days, any time limit, whether automated or script based trading, copy trading, news trading, and scalping are allowed, and the restricted countries the prop firm does not support. Hence, you will be able to quickly identify the prop firm that aligns best with your trading style.
- The “Payments” section essentially covers how and when you will be able to get paid. Specifically, it lists all the available payment methods the prop firm supports, any requirement for how long you must be profitable before your first payout, the payout frequency, and whether payment on demand is available.
- Lastly, the “Trading” section lists all the financial assets you can trade with the prop firm, including whether CFDs and Futures are supported. In addition, details on leverage (if it’s available and the maximum leverage), supported trading platforms, and trading fees are also listed. This section is particularly important if you plan on using leverage, as well as to quickly compare trading fees among the prop firms.
Step 5: View Our Summary Table
Lastly, once you scroll all the way to the bottom, you will then see our Summary Table with the key takeaway details. It includes our overall rating (a recap of the 1st section), our own Trust Score from 1 to 99 based on our findings (the higher the better), a link to the prop firm’s website, and a link to our independent prop firm review if you want to learn more details.
| Key Specifications | Details |
|---|---|
| 1. Maximum number of prop firms you can compare | You can compare up to 5 property firms at a given time. |
| 2. Minimum number of prop firms you can compare | You can select 1 prop firm to see all of its available specifications. That said, for you to have a side-by-side comparison, you need to choose at least 2 prop firms. |
| 3. CFD Availability | Scroll down to the “Trading” section, under it you will see either a check (CFD can be traded) or a cross (CFD cannot be traded). |
| 4. Futures Availability | Under the “Trading” section (and just below CFD), you will see either a check (Futures can be traded) or a cross (Futures cannot be traded). |
| 5. For US Clients | You will find this by going to the “Rules” section and looking at the “Restricted Countries.” If the USA is not listed, then that means the prop firm can accept US clients. |
| 6. High Leverage Availability | You will find this under the “Trading” section. A prop firm that offers at least 1:100 leverage is considered “high.” |
| 7. High Profit Split | Scroll down to the “Funded Accounts” section and look for “Profit Share” specification. Relatively, a high profit share is at least 90%. |
| 8. Cheapest Prop Firm | To look for the cheapest prop firm you can start with, go to the “Funded Accounts” section and look for “Activation Fee,” which is the assessment cost you pay. Here, the lower, the better. |
| 9. Bonus Offers and Discounts | Upon selecting each prop firm, you will immediately see any active bonus or discount/promo code listed just below the prop firm’s logo. |
| 10. Prop Trading Challenges | Go to the “Funded Accounts” section and look for the “Challenge Based” specification. Here, you will quickly see the prop firm’s challenge information. |
| 11. Instant Funding | Go to the “Funded Accounts” section and look for the “Instant Funding” specification. Here, you can see if the prop firm offers instant funding after passing the challenge. |
| 12. Multiple Accounts Availability | Go to the “Funded Accounts” section and look for the “Trading More Than 1 Account At Once” specification. Here, you will see if the prop firm supports multiple accounts at once, and if so, how many. |
| 13. Profit Target You Need to Achieve | Under the “Rules” section and look for the “Profit Target” specification. Here, you will see the exact amount you need to achieve. |
| 14. Minimum Days You Need to Trade | Under the “Rules” section and look for the “Minimum Trading Days” specification. Here, you will see the total number of days you need to trade before you can pass the challenge. |
| 15. Time Limit on Each Challenge | Under the “Rules” section and look for the “Time Limit On Challenges” specification. Here, you will see if the prop firm’s challenge has an expiration for you to achieve its goal. |
| 16. Automated Trading Support | Go to the “Rules” section and scroll down to the “Automated Trading Allowed” specification. You will either see a check mark if it is supported and a cross mark if it is not. |
| 17. Copy Trading Support | Go to the “Rules” section and scroll down to the “Copy Trading Allowed” specification. You will either see a check mark if it is supported and a cross mark if it is not. |
| 18. News Trading Support | Go to the “Rules” section and scroll down to the “News Trading Allowed” specification. You will either see a check mark if it is supported and a cross mark if it is not. |
| 19. Scalping Support | Go to the “Rules” section and scroll down to the “Scalping Trading Allowed” specification. You will either see a check mark if it is supported and a cross mark if it is not. |
| 20. Supported Payment Methods | Scroll to the “Payments” section and look for the “Payment Methods” specification. Here, you will see a list of all payment methods the prop firm accepts. |
| 21. How Often You Will Get Paid | Under the “Payments” section, look for the “Payout Frequency” specification. Here you will find how often you can get paid (as frequently as daily). |
| 22. If You Can Get Paid Anytime | Under the “Payments” section, look for the “Payment on Demand” specification. If it says “Yes,” then you can ask for payment anytime you earn from your trading. If it says “No,” then there is a fixed time in a month when you can withdraw your earnings. |
| 23. Trading Platforms Supported | Scroll down to the “Trading” section and look for the “Trading Platforms” specification. Here, we list all the prop firm’s available trading platforms you can use. |
| 24. Trading Fees Imposed | Scroll down to the “Trading” section and look for the “Trading Fees.” Here, we break down the trading cost you pay each time you trade. |
| 25. Our Independent Prop Firm Review | Scroll down to the very end and you will find the “Summary” section. Here, the last line item is a link to our independent review of that prop firm, where we thoroughly reviewed and explained in depth the rationale behind each of our scores for that prop firm. |
How We Compared and Rated Different Prop Firms
We rated and compared the different prop firms using our in-house review methodology, which looks at key quantitative and qualitative aspects to ensure our review process is transparent and fair. Specifically, when we reviewed different prop firms, we considered the following aspects:
- The prop firm’s funded account details (including their trading challenges, funding details, costs, and profit sharing),
- The rules (including time and loss limits, profit targets, and other constraints),
- The payment details (including the number of available payment methods and how often you can get paid), and lastly,
- The trading details (including the types of assets you can trade, available leverage and trading fees imposed).
- Overall rating (the average of our score for the Prop firm’s rules, platform, support, payout scheme).
For scoring, we developed Trust Score, our own system that draws on extensive data and our research into each prop firm, giving a consistent baseline for comparing prop firms. We then assign each prop firm a Trust Score, ranging from 1 to 99, where higher scores indicate greater trustworthiness in our overall assessment.
Here’s the full list of all the attributes (factors) we considered in determining our prop firm ratings and scores:
| Factors | Evaluation Scope |
|---|---|
| 1. Funded Account Details | We looked at each of the prop firm’s funded accounts. Specifically, we evaluated how “trader-friendly” the conditions and terms are. |
| 2. Rules | We evaluated all the constraints surrounding the prop firm challenge. This includes all limits and profit targets to be funded. |
| 3. Platform | We evaluated the prop firm’s platforms and dashboards, including how well their User Interface (UI) is integrated across the board. |
| 4. Payment Details | We assessed how convenient the prop firm’s available payment methods are and how often you can get paid when you earn from the prop firm’s platform. |
| 5. Trading Details | We looked at the types of assets you can trade (including whether you can trade CFDs and Futures), whether there is available leverage, and the specific trading fees the prop firm imposes. |
| 6. Payout Scheme | We evaluated each of the prop firm’s payout structures, how reliable (and legitimate) their payout schemes are, and whether it has a reputation for not paying its profitable traders. |
| 7. Customer Service and Support | How reliable and responsive each of the prop firm’s customer support is. We also examined their clients’ experiences with customer support when they encountered problems or issues. |
| 8. Offers and Promos | All the perks and bonuses each of the prop firms offers, and how beneficial they are. |
Why You Can Trust Us
As a leading comparison resource, our tool enables you to explore multiple firms, compare prices, and select a plan that suits your needs. To achieve this, our prop trading firms comparison tool employs a transparent and objective review approach that evaluates both qualitative and quantitative aspects.
We conducted real-world testing at WR Trading using our own funds to try out the different challenges/assessments with each prop firm. We then evaluated each one using the same set of criteria, so our final ratings and scores are standardized and grounded in data rather than subjective measures.
How to Find the Best Prop Firm For You
As a leading tool for comparing prop firms, our table brings together all the information you need, but it can also feel overwhelming (especially for beginners). Hence, we recommend starting by exploring the features that matter most to you, then using the filters to compare plans to get top deals, and focusing on discovering and selecting the prop firm that suits your trading style the best.
Overall, here are our general recommendations, based on your profile and location:
- US and EU Prop Traders: If you live in a country where prop trading firms are highly regulated, such as the US or the EU, the first section to check is the “Rules” section, specifically the “Restricted Countries” specification. Make sure your country or region is not listed.
- Beginner Prop Traders: If you’re a total beginner and not sure where to start, focus on our Overall Rating and Trust Score and shortlist the prop firms with the highest ratings and scores. Just by doing this, you will come up with the highest-quality prop firms that you can start with.
- Prop Traders with Small Accounts: If you have limited funds or want to start small, then we recommend focusing first on the challenge activation fee for each prop firm, as this is your major cost for each challenge. Also consider the fees of your preferred payment method (if any).
- Experienced Prop Traders: If you’re an experienced trader, the key aspects to consider are the available asset classes, availability of leverage, profit sharing (the higher the better), fees and costs (the lower the better), and support for your preferred trading platform. Also, you need to ensure the payout scheme is legitimate and reliable, and as much as possible, payment is available on demand.
- Automated and Algorithmic Prop Traders: If you utilize script-based trading, then the most important aspect you need to check is the prop firm’s support for automated trading and scalping. Otherwise, you will find it difficult, if not impossible, to trade based on your automated strategy.
Additionally, some prop firms excel in specific aspects. Here are some examples:
- FTMO – The most well-known and widely considered to be the most reputable prop firm in the industry. If you’re looking for reliability and security, FTMO takes the lead.
- Apex Trader Funding – Good for futures traders who want simple rules, long trading hours (including on news and holidays).
- FundingPips – Good for traders who want flexible evaluations, fast payouts, and a wide selection of trading platforms.
- FundedNext – Known for multiple program options, with no time limit in its challenge phase, fast payouts, and an extremely high profit share of up to 95 percent.
- Instant Funding – Ideal for traders who want to skip the evaluation process altogether and start prop trading right away. Users are given instant account access.
Getting the Best Deals on Prop Firm Plans
To get the best deals on prop firms, you can use our promo and discount codes, which we directly put just below the logo of each prop firm you just selected. Likewise, you can scroll down to the “Funded Accounts” section and look for the “Promotion / Discount” specification where we list all the prop firm’s available discount codes, ongoing promotions, and bonuses. This way, whatever prop firm you end up choosing, you can immediately and always get the best deals by using the available bonus, promo, and discount codes we provide.
To get the best deals on prop firms, you can use our promo and discount codes, which we put just below the logo of each prop firm you just selected. Likewise, you can scroll down to the “Funded Accounts” section and look for the “Promotion / Discount” specification where we list all the available discount codes, ongoing promotions, and bonuses
In addition to these offers and promotions, you can explore and take advantage of our tool’s wide array of features, from enabling you to compare plans and prices quickly to checking your eligibility (whether a prop firm supports your country or region) and payout structures. Ultimately, we aim to provide a shortlist of the best prop firms based on everything you are looking for, as well as the things you may not even realize you need.
