Best Forex Prop Firms In UK For Funded Accounts - FundingTraders Blog (2024)

The best prop firms in the UK offer funded accounts to trade the forex markets. The UK is a hub for trusted, reputable, and industry-leading prop firms. Top-rated prop firms fund skilled traders with additional capital – allowing them to trade bigger, capitalize on daily price movements, and leverage the global forex markets. Compared to relying on personal funds, prop firm funded accounts help traders leverage larger positions and earn higher profits.

As an experienced trader based in London, UK, partner with reputed prop firms to excel in your trading journey. In addition to funding, prop firms also offer educational resources, community support, and flexible trading rules – which may upgrade your trading skills.

Additionally, industry-leading UK prop firms like Funding Traders offer:

  • No-time limit challenge accounts
  • Zero commission challenge phase
  • Fast 7-day payouts
  • Up to 100% profit splits
  • Premium-funded accounts up to $2M

Read on to learn about the best prop firms in the UK that provide funded accounts.

Provide Funding Evaluations

The best forex prop firms in UK conduct evaluations before allocating funded accounts. To screen profitable traders, UK-based prop firms have comprehensive and varying evaluation programs. Some local forex prop firms in London may even conduct in-person interviews to evaluate your experience, strategies, and risk management. For seamless onboarding, Funding Traders offers online trading challenges and evaluations.

Select your preferred capital size and meet these targets to get your funded account:

  • Select between 1-step or 2-step evaluation
  • Pay the associated joining fee (starting from $50)
  • Achieve 10% profit target
  • Keep daily drawdown above 5%
  • Do not go below 5-10% of overall account size


>> All our evaluation programs offer unlimited trading days – giving you enough time to understand the market, execute profitable strategies, and pass the challenge. Once passed, you will receive instant capital to start trading forex. Indeed, choose a forex prop firm in the UK that offers seamless evaluations.

Fund Traders With Increased Capital

The best prop firms in the UK fund traders with significantly larger funded accounts. Succeeding in the UK’s competitive trading industry may require increased capital. Forex prop firms offer the same capital access to traders – they might get from a UK bank, financial institution, or hedge fund.

Here at Funding Traders, traders are eligible to secure different-sized forex-funded accounts, including:

  • $5000 funded account
  • $10,000 funded account
  • $25,000 funded account
  • $50,000 funded account
  • $100,000 funded account
  • $200,000 funded account
  • $300,000 funded account
  • $500,000 funded account


>> With our Elite and Apex accounts, you can even manage funded accounts with $1 million and $2 million capital. Plus, you are eligible for direct contact with our CEO and team for consistent support, mentorship, and guidance to manage a premium account.

Definitely, the best prop firms in the UK provide funded accounts with large capital.

Share Competitive Profit Splits

Top-rated forex prop firms in the UK offer competitive profit splits to consistent and skilled traders. When trading in London or other major cities in the United Kingdom, many prop firms offer an average profit split ratio of 50-50. Even after passing the challenges, your prop firm may uphold a default 60-40 profit share agreement. Even if you generate a $10,000 profit on your funded account, you will only receive $4,000 during the payout.

As a leading forex prop firm, Funding Traders offers a competitive profit split ratio to all traders. By default, you are eligible for 80% of the earned profit. We only keep 20% of the profits you make.

>> Plus, you can purchase our exclusive add-ons to keep up to 100% profits – maximizing your earnings and celebrating your success.

Select the best UK-based prop firms that reward traders with competitive profit splits.

Reward Traders With Scalable Accounts

The best forex prop firms in the UK reward consistently profitable traders with scalable capital. With scaling options, you can increase your account balance and potentially trade in millions. Even with a small $50,000 funded forex account, meet consistent profit targets to increase your position size and trade bigger.

Funding Traders offers a quarterly scaling program to recognize and reward profitable traders. Typically, you can increase your funded account size by 25% after generating a consistent 10% profit. Here’s how the scalability plan works:

  • Achieve trading milestones within three months
  • Generate a minimum 10% profit on your initial account balance
  • Stay profitable for at least two consecutive months


>> Achieve these milestones and scale up to $2 million funded forex account to enjoy higher profits. Definitely, the best prop firms in the UK are always ready to reward skilled, consistent, and profitable traders with scalable capital.

Support Multiple Trading Instruments

Leverage multiple trading instruments with the best forex prop firms in the UK. As a globally acclaimed prop firm, we allow UK-based traders to trade multiple currency pairs – resulting in diversified portfolios. At Funding Traders, we support all major, minor, and exotic FX currency pairs, including EUR/USD, GBP/USD, AUD/USD, USD/CAD, and USD/JPY.

Plus, multi-instrument traders can generate profit from different markets, including:

  • FX (Forex)
  • Crypto (Cryptocurrencies)
  • Stocks
  • Indices
  • Metals

>> To stay profitable, make sure that your trading strategies and style cater to the selected financial instrument. Consider leverage, spread, and contract size to validate your trading strategy for different instruments.

Additionally, multi-instrument traders can also join our worldwide community to collaborate with other experienced members.


Definitely, partner with the best forex prop firms in the UK that support multiple financial instruments.

The best prop firms in the UK offer forex funded accounts to support skilled, experienced, and profitable traders. To allocate a funded account, these prop firms offer multiple evaluation stages – including one-step and two-step evaluations. Plus, traders can choose between multiple funded account sizes – starting from $5K to $500K prop firm challenge account. Once funded, traders are eligible for up to 100% profit splits. Plus, if you achieve consistent profit targets, you can scale your funded account every three months. Prop firms in the UK also support multiple trading instruments – allowing traders to earn profits in different financial markets.

Ready to partner with a leading forex prop firm in the UK? Click here to get funded and start your trading journey.

Best Forex Prop Firms In UK For Funded Accounts - FundingTraders Blog (2024)

FAQs

What are the best prop trading firms in the UK? ›

  • At a Glance: In the sea of UK proprietary trading firms, traders must find a match that aligns with their trading strategy and ambition. ...
  • City Traders Imperium. ...
  • FTUK. ...
  • The Trading Pit. ...
  • Audacity Capital. ...
  • Earn 2 Trade. ...
  • LeeLoo Trading. ...
  • The Funded Trader.
Mar 11, 2024

Which prop firm is better than FTMO? ›

FTMO 's top competitors in June 2024 are: FunderPro, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

Which prop firm has instant funding? ›

Smart Prop Trader is probably one of the best instant funding prop firms offering up to 90% profit splits without any strings attached. If you are unprepared for our challenge, choose the free trial option. Remember, there's no payout in a free trial, this is just practice for when you purchase our challenge account.

Which prop firm is best for forex? ›

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

How do I choose a prop trading firm? ›

Don't just pick the first prop trading firm you find. Choose one with a good reputation, support for traders, good tools, safety measures, fair costs, and a friendly community. This way, you can trade smarter and have a better chance at success.

Which prop firm is the cheapest? ›

Cheapest Prop Firms Forex 2024 - with $5K Funding Accounts...
  1. The5%ers. The5%ers specializes in providing funding of up to $100,000 to forex traders. ...
  2. FTMO. ...
  3. MyForexFunds. ...
  4. Earn2Trade. ...
  5. The Funded Trader Program. ...
  6. OneUp Trader. ...
  7. Apex Trader Funding. ...
  8. True Trader.
Feb 27, 2024

Is the funded trader a prop firm? ›

The Funded Trader, with over 80,000 accounts, is a part of Easton Consulting Technologies LLC, which operates a number of other prop trading platforms.

Is TopStep better than FTMO? ›

Features Comparison: TopStep vs FTMO

Range of Markets: FTMO offers a wider range of trading instruments compared to TopStep's focus on futures. Profit Sharing: FTMO tends to offer a higher profit share ratio. Educational Support: TopStep provides more structured educational content, especially for futures trading.

Is funded Next a good prop firm? ›

Highly recommended! FundedNext changed the game for me with their 15% profit share right from the challenge phase—highly recommend!

Which prop firm has fast withdrawals? ›

Read on and get a list of today's best prop firms with the quickest payouts!
  1. FunderPro: Daily.
  2. the5ers: Weekly.
  3. City Traders Imperium: Weekly.

How many people fail prop firms? ›

According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time. While this result is not nearly as bad as the one discussed earlier, it still looks bleak for prospective prop traders. But why is the percentage of failure so high?

What happens if you lose money in a prop firm? ›

Proprietary trading firms often provide evaluation accounts where you prove your trading skills. Usually, you pay a one-time fee to enter this “challenge.” If you lose money during this evaluation, you won't owe anything beyond the initial fee.

What are the best prop firms in the UK? ›

What are the best prop trading firms in the UK? Some of the best prop trading firms in the UK include FTMO, FTUK, Blue Guardian, and others. The best prop firms in the UK offer competitive fees, high maximum funding limits and a progression plan to gradually increase the buying power of the funded accounts.

What is the number one prop firm? ›

Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

What is the most trusted prop firm in 2024? ›

The 7 Best Prop Trading Firms for 2024: Most Trusted, Best Promos, Best Trading Conditions
  • Review Summary.
  • My Top Pick: Topstep Futures – 9.4/10 (Best Current Promotion) Pros. ...
  • #2: The 5%ers – 9.2/10. ...
  • #3 FTMO – 9.0/10. ...
  • Interlude: Note on prop firms #4-#7.
  • #4 Lux Trading- 8.7/10.
  • #5: Funding Pips- 8.3/10.
  • #6 MyFundedFX – 8.1/10.
5 days ago

Which trading platform is best in UK? ›

Best Trading Platforms UK (2024)
  • 10 BEST TRADING PLATFORMS UK COMPARED: ...
  • eToro: Best For Beginners. ...
  • AvaTrade: Best For Risk Management. ...
  • Plus500: Best For its Easy-to-Use App. ...
  • Pepperstone: Best For Technical Analysis. ...
  • Freetrade: Best For Simple Pricing Structures. ...
  • IG: Best For Learning From the Experts.
May 20, 2024

Are prop firms regulated UK? ›

Currently, online forex prop firms are legal, although there is lacking documentation and regulation for prop firms to follow. It is not illegal to operate or trade with a prop firm. However, where most online prop firms come unstuck is in their business practices and terms of service.

How much does the average prop firm trader make? ›

Prop Firm Trader Salary

The salary of a prop trader can vary greatly depending on several factors such as experience, performance, and the size of the firm. On average, a junior prop trader can expect to earn anywhere between $50,000 to $100,000 per year, while a senior trader can make upwards of $500,000 annually.

What is the success rate of prop traders? ›

At its core, the prop firm challenge can be a way for prop firms to make money from failed challenges. This is because some sources have the failure rate of prop trading challenges at 90%. So for every 10 traders that buy a challenge, 9 will fail. That can be a lot of money for a prop firm.

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