Top Prop Firms in 2026: Our Ranked Shortlist

We score prop firms on track record, rule fairness, cost, payout record and platforms using our published methodology. Data was verified in November 2026; rules change often, so always check the firm's current terms.

1. FTMO: best overall (91/100)

Operating since 2015, with a static 10% drawdown on its 2-Step challenge, a refundable fee and a 4.8 Trustpilot score from more than 55,000 reviews. FTMO also completed its acquisition of the broker OANDA in December 2025. Read the FTMO review.

2. The5ers: best for long-term scaling (86/100)

One of the longest-running forex prop firms, with a scaling plan that can reach a 100% split. Sources disagree on some refund and drawdown details, so confirm before buying. Read the review.

3. FundedNext: best platform choice (85/100)

Supports MT4, MT5, cTrader, Match-Trader and futures platforms, and has accepted US traders on Match-Trader since November 2025. Rules change frequently. Read the review.

4. Funding Pips (79/100)

Low entry prices and a choice of payout cycles, but the fee isn't refundable and funded accounts close before weekends. Read the review.

5. Topstep: best for transparent futures (78/100)

Publishes its own pass rates (16.8% of Combines passed in 2025). Subscription pricing adds up if you take a while to pass. Read the review.

How to choose

• Drawdown type: static drawdown is easier to manage than trailing. See why traders fail challenges.
• Daily loss limit: make sure your normal losing streak fits inside it. Test it with the drawdown calculator.
• Payout record: read the most recent negative reviews, not just the star rating.
• Platform: pick a firm that supports the platform you already use.

See every firm side by side on our prop firm comparison.

Prop firm challenges are paid evaluations. Most traders don't pass, and funded accounts are usually simulated.