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How to Choose Your Prop Firm?

20 min readComplete guide 2025

Choosing the right prop firm is crucial for your success. With over 100 companies on the market, each with their own rules, costs and advantages, it's easy to get lost. This guide will help you make the optimal choice according to your trader profile.

A bad decision can cost you thousands of dollars and months of frustration. A good decision can transform your trading career in just a few weeks.

Essential Selection Criteria

1. Market Type

Forex

  • • Major currency pairs
  • • 24h/5d trading
  • • Tight spreads
  • • MetaTrader 4/5

Ideal for: European traders, beginners, scalping strategies

Futures

  • • US indices (ES, NQ, YM)
  • • Commodities (CL, GC)
  • • Standard/micro contracts
  • • NinjaTrader, Tradovate

Ideal for: US day traders, scalpers, experienced traders

💡 Tip: If you're a beginner, start with Forex usingFTMOor Futures withTake Profit Traderwhich is THE absolute reference in futures - ultra-fast payments, 24/7 support and free Pro activation.

2. Evaluation Model

2-Phase Challenge

Most popular. Phase 1 (8-10% profit), Phase 2 (5% profit)

Examples: FTMO, Funded Next, E8 Funding

1-Phase Challenge

Faster but higher target (10-15% profit)

Examples:Apex Trader Funding, Earn2Trade

Instant Funding

No challenge, immediate but smaller account

Examples: The5ers, Blue Guardian

3. Critical Rules to Check

Maximum Drawdown

Standard: 10-12% | Strict: 6-8%

Daily Loss Limit

Typical: 4-5% per day

Consistency Rule

Some limit to 50% profit/day

Minimum Trading Days

Generally 5-10 days

News Trading

Banned by some

Weekend Holding

Positions closed on Friday

4. Cost Structure

50-150€

10K Account

200-400€

50K Account

500-1200€

100K+ Account

💰 Save up to 90%: Use ourexclusive promo codesto drastically reduce costs. For example,Apex Trader Fundingoffers promotions up to 90% OFF. Our code automatically adapts to the best promo of the moment.

Hidden costs to watch out for:

  • Reset fee: $50-100 to restart after failure
  • Data feed: $100-150/month for certain futures
  • Platform fee: $130/month for certain platforms
  • Activation fee: One-time fee after success (rare)

Top 5 Prop Firms by Category

🏆 Best for Beginners

FTMO• Complete training • 24/7 support
Take Profit Trader• Tradovate platform • Fast payments • Excellent for futures

⭐ Excellent Choice for Futures

Take Profit Trader

✅ EXCLUSIVE Advantages:

  • • 🎁 Tradovate platform available
  • • 💰 24-48h payments (fastest on the market)
  • • 📈 Accounts from 25K to 150K
  • • 🏆 90% profit sharing
  • • ⚡ Consistency rule at only 50% (easy to manage)
  • • 🛡️ Exceptional 24/7 customer support
  • • 🔄 Up to 3 resets on PRO/FUNDED account (paid) - UNIQUE!

💡 EXCLUSIVITY: Only prop firm allowing up to 3 resets on the PRO/FUNDED account! Not just on evaluations, on the REAL trading account. This is huge for security!

Start with Take Profit Trader →

💎 Best Value for Money

Apex Trader Funding• Promos up to 90% • No consistency rule
E8 Funding• Aggressive scaling • Low costs

⚡ Most Flexible

The5ers• Instant funding • No time limit
Funded Next• Flexible rules • Multiple accounts

Red Flags: Prop Firms to Avoid

No payment proof

No verifiable testimonials or proof of payout

Changing rules

Rule modifications after registration

Payment delays

Repeated excuses for not paying profits

Non-existent support

No response to emails or chat

Amateur website

Spelling mistakes, unprofessional design

🎯 Quick Decision Tree

If you're a beginner (< 1 year experience):

→ Start with FTMO (Forex) or Take Profit Trader (Futures - An excellent choice for serious traders)

Reason: Excellent training, support, active community

If you have a tight budget:

→ Choose Apex Trader Funding with our always up-to-date promo code

Reason: Best discounts on the market, 50K account for ~$30

If you're an experienced trader:

→ Optez pour The5ers (instant funding) ou E8 Funding (fast scaling)

Reason: Fewer restrictions, aggressive scaling possible

If you trade news/volatility:

→ Avoid FTMO and MyForexFunds, prefer Funded Next or The5ers

Reason: No restrictions on news trading

✅ Pre-Registration Checklist

Check Trustpilot reviews (minimum 4.0/5)
Search for recent payment proofs on Discord/Reddit
Read ALL terms and conditions
Calculate total cost (fees + data + platform)
Check customer support availability
Test the trading platform in demo
Understand drawdown rules (trailing or fixed)
Check profit payment methods
Look for promo codes on The Planet Deals
Join the prop firm's Discord community

Ready to Make the Right Choice?

Use our tools to compare and save on your first prop firm