- Best for Funded traders
- Best for Forex prop
- Best for Verified payouts
- Best for Multiple firms
- Min deposit
- $155
- Spread from
- 0.2 pips
- Max leverage
- 1:100
- Regulation
- Offshore
Best Prop Firms 2026
Ranked by our Prop Trader & Reviewer Tom Nakamura, who manages $400K+ in funded capital across multiple programs simultaneously.
Always up-to-date
Our experts continuously verify broker data to provide the most up-to-date information.
8 prop firms tested · Real funded accounts
Editor's Top 3
One winner per vertical · region-aware ordering
Worldwide editorial picks
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- Best for Lowest entry cost
- Best for Fast payouts
- Best for One-step path
- Min deposit
- $39
- Spread from
- 0.2 pips
- Max leverage
- 1:100
- Regulation
- Offshore
- Best for Long-term funding
- Best for No minimum days
- Best for Scaling to $4M
- Min deposit
- $19
- Spread from
- 0.3 pips
- Max leverage
- 1:100
- Regulation
- Offshore
Full Ranking
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| # | Broker | Our score | Regulation | Min Dep | Spread | Leverage | Open account |
|---|---|---|---|---|---|---|---|
| 1 |  FTMO | — | $155 | 0.2 pips | 1:100 | Open Account → | |
| 2 |  FundedNext | — | $39 | 0.2 pips | 1:100 | Open Account → | |
| 3 |  The5ers | — | $19 | 0.3 pips | 1:100 | Open Account → | |
| 4 |  FundingPips | — | $39 | 0.2 pips | 1:100 | Open Account → | |
| 5 |  Apex Trader Funding | — | $137 | — | 1:50 | Open Account → | |
| 6 |  TradeDay | — | $62 | — | 1:50 | Open Account → | |
| 7 |  Topstep | — | $49 | — | 1:50 | Open Account → | |
| 8 |  Earn2Trade | — | $60 | — | 1:50 | Open Account → |
How We Rank
Every broker on this list is tested on a funded live account. We score 10 dimensions (safety, fees, platforms, accounts, deposits, instruments, support, research, education, mobile) with weights detailed on our methodology page. No broker pays to be ranked higher. Some links earn us a commission — how we make money.
FAQ
Which is the best prop firm in 2026?
FTMO is the strongest prop firm by cumulative payout track record: $200M+ paid through Q4 2025, audited by Mazars, 10 years operational. For lower entry pricing, FundedNext at $59 and Eightcap Funded at $49 are competitive but with shorter track records.
What is the actual pass rate on prop firm challenges?
FTMO published in January 2026 that 30% of paying entrants pass the Challenge, 25% complete Verification, and 12% receive at least one payout. The numbers reflect the full client base; experienced traders with tested risk management pass at materially higher rates.
How do prop firms actually make money?
Prop firms generate revenue primarily from challenge fees paid by entrants who do not pass, plus a 10–20% share of profits from funded traders. Most prop firms publish that only 10–15% of paying entrants reach the funded stage, which sustains the business model even with high payouts to successful traders.
Are prop firms safe?
The major prop firms with multi-year operational history (FTMO, FundedNext, The5ers) are operationally safe in 2026. Risk applies to younger firms launched during 2021–2023 — several have folded or restructured. Tom Nakamura, our Prop Trader & Reviewer, recommends holding accounts at multiple firms simultaneously rather than concentrating all funded capital at one counterparty.
How long does it take to get paid from a prop firm?
FTMO settles payouts in 14 business days (confirmed across 6 of Tom personal cycles in 2024–2025). FundedNext settles in 24 business hours. Eightcap Funded settles in 7 business days. Newer firms range from same-day to 30 days — verify the payout commitment before purchasing a Challenge.
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8 prop firms tested by Tom Nakamura · Last updated June 29, 2026
Risk warning: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 74–89 % of retail investor accounts lose money when trading CFDs with this provider category.