Top Prop Trading Firms of 2025: Comparing Best Prop Firms
- Ankit Gupta
- July 15, 2025
If you are looking for the best prop firms, presumably, you must have an idea about what prop trading firms are and how they work. Though all prop trading firms work in quite a similar way, when you buy a prop trading firm’s challenge, you pass it by achieving the challenge targets, you get a simulated funded account, and then you get the payout of your rewards. Despite the similar work model, each prop trading firm is unique in its features. In this blog, we’ll discuss and compare the best prop trading firms so that you can choose a firm that aligns with your trading goals.
What makes a prop trading firm good?
Educational materials:
Prop trading firms not only provide capital to the traders for trading, but also offer a wide range of educational materials to help traders improve their trading strategies. One of the many things that sets a proprietary trading firm apart from others is what learning resources they offer to traders.
This holds importance because not every trader who starts trading has years of experience. In their initial trading phase, the resources provided by prop trading firms such as webinars, question and answer sessions, analytical resources, in-depth guides, and more, turn out to be very helpful.
Access to advanced trading platforms:
A good prop trading firm thinks from the traders’ perspective and caters to their needs. A good prop firm is one that offers you access to advanced and different trading platforms. It would allow you to choose a platform that you feel comfortable with. Moreover, the best prop firms also provide tools like FX Replay to help traders create better trading strategies.
No hidden charges:
The good prop firms are always transparent with their traders, whether it is about rules and conditions or charges. This is one important factor that you should consider when choosing a prop trading firm. At Hola Prime, we provide our traders with utmost transparency, with no hidden rules, and provide all the required information up front.
Client support:
Leading prop trading firms will provide you with 24/7 client support so that you can get your issues resolved easily. The less the turnaround time of a prop trading firm is, the faster you can get a solution to your problem. Hence, when choosing a prop firm, you should check the customer support quality of the firm.
Coaching:
Some prop trading firms don’t limit themselves to just providing educational resources to traders but go beyond. They provide traders with coaching from top mentors and trading strategists. Hola Prime, a leading prop trading firm, provides traders with 1-on-1 coaching to help traders improve their trading strategies.
Best Prop Trading Firms
Now that you know what all you have to consider when choosing a prop trading firm, let’s discuss in detail the leading prop trading firms:
Firm | Reward share | Account Size | Payout Frequency | Payout Processing Time | Platforms |
Hola Prime | 65% – 95% | $5K – $300K | Weekly, biweekly, and monthly | 1 hour | MT4, MT5, DXtrade, cTrader, and Match-Trader. |
FTMO | Up to 90% | $10K – $200K | Monthly, by default. On-demand withdrawal option is also available. | 1-2 business days | MetaTrader4, MetaTrader5, cTrader, and DXtrade. |
FundedNext | 60% – 90% | $5K – $200K | Varies based on the account type. | Within 24-hours | MT4, MT5, cTrader, and Match-Trader. |
E8 Markets | 80% – 100% | $5K – $500K | Weekly | 1-2 business days. | Match-Trader, Platform 5, cTrader, and TradeLocker. |
Instant Funding | 80% – 90% | $5K – $200K | Weekly, with option for on-demand. | Within 48 business hours. | MetaTrader 5, cTrader, and Match-Trader. |
1. Hola Prime
Hola Prime is a prop trading platform where you can find diverse challenges to choose from. The firm is best known for its ‘1 Hour Payout’, which is considered as fastest in the prop trading industry. It is the only prop trading firm that provides a price transparency report and offers a tick-by-tick market comparison.
Challenges and evaluation: Hola Prime offers a 1-step and 2-step evaluation process in both their ‘Pro’ and ‘Prime’ challenges. The 2-Step evaluation process helps prop trading firms ensure that traders are consistent with their trading strategies and don’t pass the trading challenge by luck or a few big wins.
Challenge fees: The challenge fee for a 1-Step $100K pro and prime challenge is $549 and $649, respectively. If you choose to go ahead with a 2-Step challenge, the fee for the pro and prime $100K challenge is $499 and $599, respectively.
Minimum challenge fee: $48 for a $5K 2-Step pro challenge.
Payout time: Hola Prime processes withdrawals in 1 hour, which is the fastest in the prop trading industry.
Rewards: There are different reward options, which depend on the payout frequency you choose. The rewards for the weekly payout cycle are 65%, for the bi-weekly payout cycle, it is 80%, and for the monthly payout cycle, it is 95%.
What can you trade?
Hola Prime offers a wide variety of trading instruments, including cryptocurrencies, forex, indices, and commodities
Leverage: The prop trading firm provides a leverage of up to 100x in their pro challenge.
Trading platforms: You get to choose from any 5 major trading platforms, including MT4, MT5, DXtrade, cTrader, and Match-Trader.
Direct account availability: Yes, the prop firm offers a direct account where you don’t need to pass any evaluation. You can get a direct account with $100K funding for approximately $2811.
Customer support: You get 24/7 customer support.
Scaling plan: Yes, Hola Prime offers a scaling plan of up to $4 million.
2. FTMO:
FTMO is another prop trading firm and is well known for its educational tools. You can trade forex, indices, commodities, stocks, and crypto on FTMO; however, FTMO does not provide its services in the US. Let’s have a look at the prop trading firm in detail:
Challenges and evaluation: FTMO has a two phases in their evaluation process, called FTMO challenge and verification. Once a trader clears both challenges, they can get an FTMO Account with fictitious funds of up to $200,000 for trading in a demo environment.
Challenge fee: The challenge fee for a $100K FTMO challenge is €540.
Minimum challenge fee: The minimum challenge fee is €155 for a $10k FTMO challenge.
Payout time: Payouts are processed within 1-2 business days upon confirming the invoice
Rewards: The typical reward split is 80% which is scalable up to 90% in the scaling plan.
What can you trade: You can trade forex, indices, commodities, stocks, and crypto.
Leverage: The prop firm offers a leverage of up to 100x, and for the swing account type, the leverage is set as up to 1:30
Trading platforms: Available trading platforms are MetaTrader4, MetaTrader5, cTrader, and DXtrade.
Direct account availability: No, there is no option for direct account. You have to pass the evaluation to start trading and earn rewards.
Customer support: FTMO provides delayed but decent customer support, which is available 24/7.
Scaling plan: Yes, a scaling plan is available. FTMO Accounts can be increased to a maximum initial balance of $2,000,000.
3. FundedNext:
FundedNext is one of the few prop trading firms that gives a profit share to the traders from the challenge level, too. Traders can get 15% of the profits that they make while completing the challenge. Let’s know more about the firm in detail, so that you can better compare it with other firms.
Challenges and evaluation: The firm has 3 types of trading challenges: Stellar 2-Step, Stellar 1-Step, and Stellar Lite. All three challenges have different sets of rules and conditions.
Challenge fee: Challenge fee for $100K Stellar 2-Step and Stellar 1-Step is $549 and $569, respectively.
Minimum challenge fee: The minimum challenge fee among all challenges is $32 for the Stellar Lite $5000 challenge.
Payout time: The firm processes payouts in 24 hours.
Rewards: The rewards range from 60% to 90%.
What can you trade: You can trade forex, indices, and a variety of commodities and cryptocurrencies.
Leverage: FundedNext offers a leverage of up to 100x.
Trading platforms: The available trading platforms are MT4, MT5, cTrader, and Match-Trader.
Direct account availability: Yes, with a Stellar instant account where you can skip the evaluation and start trading instantly. The maximum account size available in this is $20K.
Customer support: They offer a 24/7 customer service.
Scaling plan: Yes, FundedNext has a scaling plan where traders can potentially receive a capital allocation of up to 4 million.
4. E8 Markets:
E8 Markets has been operating since 2021. It allows traders to trade forex and futures. Moreover, traders can create a custom evaluation experience. Let’s have a look at the firm in detail:
Challenges and evaluation: E8 has three different types of challenges and evaluation processes, which include 1-Step, 2-Step, and 3-Step evaluation.
Challenge fee: The challenge fee for the 1-Step, 2-Step, and 3-Step challenge for a $100K account is $398, $588, and $358, respectively.
Minimum challenge fee: The minimum challenge fee is $40 for the 1-Step challenge. Note that if you customize the drawdown limit and payout share, the cost may vary.
Payout time: According to E8, the firm processes the payouts within 1-2 business days (excluding weekends). After that, traders receive profits in 1-3 Business days.
Rewards: The firm offers a reward split of up to 100%.
What can you trade: Traders can trade Forex, Energies, Commodities, Indexes, and Cryptocurrencies.
Leverage: The firm offers different leverages for different instruments, with leverage up to 1:50
Trading platforms: You can choose from Match-Trader, Platform 5, cTrader, and TradeLocker.
Direct account availability: No direct account option is available.
Customer support: The firm provides 24/7 live chat support.
Scaling plan: Scaling is available on a few accounts.
5. Instant Funding
The Instant Funding prop trading firm started its operations in 2021 and is based in the UK. The firm allows traders to hold positions overnight; however, they are not allowed to hold positions over the weekend, without adding add-ons. Learn more about the firm below:
Challenges and evaluation: Instant funding has both 1-Phase and 2-Phase challenges.
Challenge fees: The challenge fee for a $100K 1-Phase and 2-Phase challenge is $489 and $549, respectively.
Minimum challenge fee: The lowest challenge fee is $49 for a $5000 1 or 2-phase challenge.
Payout time: Payouts are processed within 48 business hours.
Rewards: The general reward is 80%, which can be increased to 90% by achieving a 10% profit in 3 months.
What can you trade? You can trade currencies, commodities, indices, and cryptocurrencies.
Leverage: They offer leverage of up to 100x.
Trading platforms: The firm offers MetaTrader 5, cTrader, and Match-Trader. However, for clients based in the US, only Match-Tarder is available.
Direct account availability: Yes, an instant funding account option is available. Traders can get an instant account of up to $80K.
Customer support: Offers 24/7 live chat support.
Scaling plan: Yes, account size grows 25% every 90 days if a 10% profit is achieved, up to double the starting size.
Conclusion
Different prop trading firms offer different kinds of trading challenges with varying conditions. When you are doing your research regarding the best prop firms, you should pay attention to how trustworthy a firm is and what is their payout history. At the end, no matter which prop firm you choose, you have to be consistent to become a successful trader.
Frequently Asked Questions about Prop Firm Challenges:
1. What is a reward share?
A reward share is the simulated profit-sharing agreement between the prop trading firm and the trader, where the firm keeps a minor part of the rewards earned by the trader.
2. Can I skip the evaluation and directly get a simulated funded account?
Yes, some firms provide the option of a direct account.
3.How long does it take to get the withdrawal?
Every firm has its own standard processing time for payouts, fastest being Hola Prime, which processes payouts in 1 hour.
4. What should I look for when choosing the best prop trading firm in 2025?
Look for features like educational resources, access to advanced trading platforms, transparent pricing, strong client support, and personalized coaching. These factors help improve your trading skills and overall success.
5. Do all top prop trading firms provide 1-on-1 coaching?
No, not all firms offer 1-on-1 coaching. Only a few top prop trading firms like Hola Prime go beyond education and offer direct mentorship from experienced trading professionals to help refine your strategy.
Disclaimer: All information provided on this site is for educational purposes only, related to trading in financial markets. It is not intended as financial advice, business or investment recommendation, or as an opportunity or recommendation to trade any investment instruments. Hola Prime only provides an educational environment to traders, including tools, materials and simulated trading platforms which have data feed provided by Liquidity Providers. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.