Best Prop Firms for Futures Day Trading (2024)

best prop firms for futures trading

In the fast-paced world of futures trading, finding the right proprietary trading firm can make all the difference in your success as a day trader. With numerous options available, it's essential to identify the best prop firms that offer the right blend of resources, technology, support, and opportunities for growth. In this guide, we'll explore some of the top proprietary trading firms renowned for futuresday trading futures.

  1. Apex Trader Funding

    Apex Trader Fundingis a proprietary trading firm that provides traders with the opportunity to access capital and trade the financial markets. With a focus on futures trading, Apex offers aspiring traders the chance to prove their skills and earn funded accounts through their evaluation process. Traders at Apex benefit from competitive profit splits and low trading fees, enabling them to maximize their earnings potential. Additionally, Apex provides traders with access to advanced trading platforms, comprehensive risk management tools, and ongoing support and mentoring. By partnering with Apex Trader Funding, traders can leverage their expertise and resources to pursue success in the dynamic world of futures trading.
  2. T3 Trading Group

    T3 Trading Group is well-known for its robust infrastructure and comprehensive support for day traders. With access to cutting-edge technology, including advanced trading platforms and risk management tools, traders at T3 can execute their strategies efficiently. Additionally, T3 provides extensive training programs and mentoring, enabling traders to continually improve their skills.Best Prop Firms for Futures Day Trading (1)
  3. Topstep Trader

    Topstep Trader offers a unique opportunity for aspiring day traders to prove their skills without risking their capital. Through their evaluation process, traders can earn funded accounts by demonstrating consistent profitability and risk management. With a focus on futures trading, Topstep Trader provides a supportive community, educational resources, and access to professional trading platforms for futures trading.
  4. Funded Trader

    Funded Trader provides a platform for traders to access capital and trade futures markets profitably. Traders can choose from different account sizes based on their experience and risk tolerance, with the potential to scale up as they prove their abilities. Funded Trader offers competitive profit splits and low trading fees, making it an attractive option for day traders seeking capital backing.
  5. Maverick Trading

    Maverick Trading is renowned for its comprehensive training programs and supportive trading environment. With a focus on risk management and disciplined trading, Maverick provides traders with the tools and resources they need to succeed in the futures markets. Traders at Maverick benefit from access to experienced mentors, proprietary trading strategies, and a collaborative community.
  6. Take Profit Trader

    TPT is a pioneering proprietary trading firm that empowers traders to achieve their financial goals through disciplined trading strategies and cutting-edge technology. Specializing in futures markets, Take Profit Trader offers traders the opportunity to access capital and trade with confidence. With a focus on risk management and consistent profitability, Take Profit Trader provides traders with the tools and resources they need to succeed. Traders benefit from competitive profit splits, low trading fees, and access to advanced trading platforms. Moreover, Take Profit Trader fosters a supportive community where traders can collaborate, learn from experienced mentors, and continuously improve their skills. By partnering with Take Profit Trader, traders can unlock their full potential and thrive in the fast-paced world of futures trading and prop firms.
  7. Genesis Trading

    Genesis Trading provides traders with access to capital and support for futures tradingand other asset classes. With a focus on risk management and performance-based funding, Genesis offers traders the opportunity to earn significant profits while minimizing downside risk. Traders at Genesis benefit from personalized coaching, advanced analytics, and a collaborative trading environment.Best Prop Firms for Futures Day Trading (2)

Final Thoughts

Choosing the right proprietary trading firm is a crucial decision for day traders looking to succeed in the futures markets. By considering factors such as technology, support, training, and opportunities for growth, traders can find the best prop firm that aligns with their goals and trading style. Whether you're an experienced trader or just starting, the prop firms mentioned above offer the resources and expertise to help you thrive in the dynamic world of futures trading.

I've personally tried TopStep Trader and Apex. They are my top two recommended for best prop firms for futures trading. My favorite hands down is Apex becauseit is adiversified trading firm with a strong presence in futures markets. With a focus on quantitative trading and technology-driven strategies, Apex offers experienced day traders the opportunity to leverage their proprietary trading platforms and sophisticated algorithms. Traders at Apex benefit from competitive compensation, extensive resources, and a culture of innovation. Apex had the largest amount of payouts in 2023 than any other prop firm.

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Best Prop Firms for Futures Day Trading (2024)

FAQs

Best Prop Firms for Futures Day Trading? ›

Futures trading can be quite expensive, and when our account is small, it's difficult to cover the costs and even make a profit on top of that. The solution that a lot of traders find is to apply to a futures funded account from a proprietary firm.

What is the best prop firm to trade futures? ›

Quick Look: Best Prop Trading Firms
  • Best for Beginner Futures Traders: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Stock Traders: Trade the Pool.
  • Best for Experienced and Beginner Forex, Indices and Metal Traders: The 5ers.
  • Best for All Futures Traders: BluSky.

Can you trade futures on Prop Firm? ›

Futures trading can be quite expensive, and when our account is small, it's difficult to cover the costs and even make a profit on top of that. The solution that a lot of traders find is to apply to a futures funded account from a proprietary firm.

Does FTMO allow futures trading? ›

For example, FTMO clients can access CFD contracts on stock indices, crypto or futures with zero commission. However, the truth is that trading Futures is still much more difficult financially because of paying for the data feed and platforms.

Are futures best for day trading? ›

As a futures trader, you can express your opinion long or short multiple times a day or week and you do not have to worry about day trading restrictions applicable to equities or the ability to take a short position in the market. So why miss out on another opportunity because of restrictions? Make a move into futures.

What are the top 5 futures prop firms? ›

The top futures prop firms are TopStepTrader, Jane Street, FTMO, 3Red Partners and The Trading Pit. Jane Street and 3Red Partners are very secretive about their fees and profit splits but they do offer some of the best technology and high-frequency trading.

Which is the most trusted prop firm? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • True Forex Funds.
  • The 5%ers.
  • Funded Next.

Is TopStep better than Apex? ›

Profit Share: TopStep offers an 80% profit share to its traders, whereas Apex Trader Funding offers a 100% profit share. Initial Balance: TopStep provides an initial balance ranging from $50,000 to $150,000, compared to Apex's higher range of up to $1,500,000.

Do you pay taxes on prop firm trading? ›

Profitable independent contractor (IC) proprietary traders receive a 1099-MISC for “non-employee compensation.” Sole proprietors use a Schedule C to report fee revenue and deduct their business expenses, including home-office deductions, if they qualify.

Can you write off prop firm fees? ›

Independent contractor: If the prop firm treats you as an independent contractor and you receive payments for your trading activity (even if less than $600), you can potentially deduct your fees if they meet the criteria of ordinary and necessary business expenses.

Why is FTMO banned in the US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

Can I trade futures without a broker? ›

To start trading futures, you will need to find a brokerage that offers access to these markets and then get approval.

Does Schwab allow futures trading? ›

Your home for futures trading. Whether you're beginning to explore futures or ready to dive in, discover the possibilities with futures and futures options trading provided by Charles Schwab Futures and Forex LLC.

Do you need $25,000 to day trade futures? ›

Why Do You Need 25k To Day Trade? The $25k requirement for day trading is a rule set by FINRA. It's designed to protect investors from the risks of day trading. By requiring a minimum equity of $25k, FINRA ensures that investors have enough capital to absorb potential losses.

What is the average income of a futures trader? ›

Futures Trader Salary
Annual SalaryWeekly Pay
Top Earners$192,500$3,701
75th Percentile$181,000$3,480
Average$101,533$1,952
25th Percentile$57,500$1,105

What are the best hours to day trade futures? ›

The opening period (9:30 a.m. to 10:30 a.m. Eastern Time) is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off.

Which prop firm is better than FTMO? ›

FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.

Which exchange is best for futures? ›

Best for Dedicated Futures Traders NinjaTrader

We chose NinjaTrader as the best platform for dedicated futures traders because it offers multiple low-cost pricing options; low margin rates; and access to strong desktop, web, and mobile platforms that support direct trading from customizable charts.

Is FTMO the best prop firm? ›

FTMO is one of the most reliable firms in modern prop trading industry. Here's why. FTMO Solution with a wide choice of assets across the board, with very low commissions and spreads.

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