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Top Prop Firm Awards by The Trusted Prop – 2024

Top Prop Firm Awards by The Trusted Prop – 2024
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Top Prop Firm Awards by The Trusted Prop – 2024

Explore the top-rated prop firms of 2025. Compare challenges, profit splits, trading rules, platforms, and claim exclusive prop firm discount codes.

5/16/2025

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Top Prop Firm Awards by The Trusted Prop – 2024

5/16/2025

 

Are you looking to get funded by a prop firm? We have created just the right resource for you.

The Trusted Prop conducts year-end evaluations to award the best innovators in prop trading. This list considers payouts, simplicity for beginner traders, intuitive trading platforms, quality of service, account models and customer satisfaction. Every level of trading expertise is catered for in this list from novice to seasoned traders, making it an ideal first challenge for aspiring traders.

 

Why Prop Trading Is Gaining Popularity Among Traders

An increase in opportunities for remote trading, better quality internet, and access to liquidity made it possible for prop trading firms to emerge and offer funding to traders across India. These firms offer a distinctive chance to trade without risks. You first pass a challenge and once you pass, the account is funded.

What is their main attraction?

  • There is no risk to personal capital.
  • Traders are offered institutional grade trading platforms.
  • They can keep up to 90% of their profits due to high profit share models.

Structured plans, which include steps to widen the managed accounts over time, guarantee profit via account expansion, and enable traders to self-manage their accounts.

Community support and performance tracking are some of the benefits traders obtain alongside risk control.

Now, let us evaluate the best prop firms to look forward to in 2025 and discuss the most important criteria: challenge difficulty, whether fees are hidden or transparent, how profits are shared, trading rules, and others.


🏆 2024 Best Prop Firms Rated by Category

Awarded by The Trusted Prop | Based on user’s reviews, performance, features, and trust

The Trusted Prop holds an annual award show for prop firms and traders called The Prop Firm Awards to acknowledge the most creative and useful prop firms in prop trading business.

Every trader wants to get a funded trading account. They approach the challenge from different angles, seeking for transparent trading rules, low challenge fees, high profit split, and a solid scaling plan. That is why these prop trading firms have earned trust and reputation from the trader community.

Our awards focus on capturing trust which is why we add all new and experienced traders which is perfect for those looking for the best prop firm to try their first challenge with.

 

The5ers

Award: Best Prop Firm of the Year

Why it’s a hit: Long term trader development and tactical scaling increases are other features The5ers is known for along with their low-risk trading programs.

Key Features:

Evaluation Model: The5ers has a 2-phase and low-leverage bootcamp challenge options.
Profit Split: Traders get 85% or more split with The5ers funded account.
Trading Platform: The5ers utilizes MT4 and MT5 for trading.
Discount Code: TRUSTED 5% off the The5ers challenge models.

Best for: Traders who prefer long-term, low-risk growth.


Funded Elite

Award: Best Emerging Prop Firm

Why it’s a hit: Out of all relatively new firms, Funded Elite has gained rapid attention for their unique evaluation tech dashboards and trader-friendly rules.

Key Features:

Evaluation Model: Funded Elite offers One-step and hybrid challenge models with flexible targets.
Profit Split: Funded Elite provides up to 85% of the profit share.
Trading Platform: Funded Elite uses the traders' favourite platform - MT5 - which comes with advanced analytics and a smooth UI.
Discount Code: TRUSTED 25% off the Funded Elite challenge.

Best for: traders with an ambition to grow with a new up and coming prop trading firm.

FundedNext

Award: Fastest Growing Prop Firm

Why it’s a hit: FundedNext combines speed and accessibility. They make it simple for traders with up to 90% profit splits and the option for instant funding or evaluation.

Key Features:

Evaluation Model: FundedNext provides Evaluation models (1-step or 2-step) & Express funding models as well.
Profit Split: Traders can enjoy up to 90% of the profit with FundedNext.
Trading Platform: FundedNext allows trading on MT4 and MT5.
Discount Code: TRUSTED 8% off the FundedNext challenges.

Best for: Traders who want flexible entry models and high payout potential.


FXIFY

Award: Best In-Class Trading Dashboard

Why it’s a hit: FXIFY employs a sleek design and easy navigation alongside rich analytics that impress industry experts, speedy execution, and instant access to capital propel it to the top for bold traders.

Key Features:

FXIFY offers a 1 Step, 2 Step, and 3 Step evaluation programs, as well as an Instant Funding option.
Profit Split: FXIFY offers a flat 85% profit split.
Trading Platform: FXIFY supports trading on MT5.
Discount Code: TRUSTED 15% off the FXIFY challenge accounts.

Best for: Experienced traders who require quick access to capital and appreciate data-dense dashboards.


Funding Pips

Award: Best Beginner-Friendly Prop Firm

Why it’s a hit: As forgiving as it gets, Funding Pips features an intuitive challenge process along with user-friendly fees, making it almost effortless for novice traders hoping to find their first funded account.

Key Features:

Funding Pips has One Phase and Two Phase Challenges, alongside an Instant Funding option.
Profit Split: Funding Pips allows traders of the firm to keep up to 80% of profit.
Trading Platform: Funding Pips allows trading on MT4 and MT5.
Discount Code: TRUSTED 5% off the Funding Pips challenge accounts.

Best for: Beginners looking for low-barrier entry with straightforward trading rules will benefit the most from Funding Pips.


Lux Trading

Award: Top Choice for Professional Traders

Why it’s a hit: Offering access to true institutional capital, long-term funding paths, and tight compliance rules, makes Lux Trading more appealing to professional traders.

Key Features:

Lux Trading has a Two Phase Evaluation Model.
Profit Split: Lux Trading offers traders up to 75% profit split.
Lux Trading supports trading on MT4 and MT5, as well as custom trading platforms.
Discount Code: TRUSTED will get you up to 25% off the Lux Trading challenge accounts

Best for: Professional traders looking for career-grade funding and structure will benefit the most from Lux Trading.

FTMO

Award: Most Reliable Prop Firm

Why it’s a hit: FTMO and its funded trader community are the essence of reliability and transparency, if not the gold standard. It is clear to see the dominance in the industry with thousands of active funded traders.

Key Features:

2-step Evaluation Model is offered by FTMO
FTMO offers a profit split of up to 90%
FTMO allows trading on MT4, MT5, and cTrader.
Discount Code: TRUSTED up to 25% off the FTMO 2 step challenge.

Best for: Traders looking for brand trust along with verifiable history.

ThinkCapital

Award: Best Integrated Platform with TradingView

Why it’s a hit: If you are a prop trader who loves the Trading View charts, ThinkCapital will be the best for you as it eliminates the need to change tools or switch prop firms.

Key Features:

With integration of TradingView, ThinkCapital has 1 step, 2 step and three step evaluation models.
Profit split of up to 80% is enjoyed by traders with ThinkCapital.
Trading Platform: Embedded TradingView.
Discount Code: TRUSTED 10% off the ThinkCapital challenges.

Best for: Traders and strategists who specialize in TradingView.

Instant Funding

Award: Best Instant Funding Firm

Why it’s a hit: This is perfect for pros who are ready to roll without any testing phases. Instant Funding, as the name implies, with live accounts right from day one.

Key Features:

One Phase Challenge, Two Phase Challenge, and Instant Funding accounts offered by Instant Funding
Profit split of up to 80% provided by Instant Funding
The MT5 trading platform is supported by Instant Funding
Discount Code: TRUSTED 10% off the Instant Funding trading accounts

Best for: Traders looking to begin trading with available capital right away.

Seacrest Funded (Formerly known as My Funded FX)

Award: Most Trending Prop Firm

Why it’s a hit: With high social visibility and integration within the community, My Funded FX has become one of the most popular firms among traders who value flexibility and frequent payouts.

Key Features:

Evaluation Models of 1 Step, 2 Step, and 3 Step offered by My Funded FX.
With Seacrest Funded (My Funded FX), traders enjoy profit split of up to 85%.
Funded trader support include MT4 and MT5, provided by Seacrest Funded.
Discount Code: TRUSTED 10% off the Seacrest Funded (MyFFX) challenges

Best for: Community-focused traders and creators looking to gain momentum along with editing flexibility.

Maven Trading

Award: Fastest Payouts

Why it’s a hit: Maven Trading fires up all slow processes for traders who can’t stand the wait from speedfunding to trading and withdrawals.

Key Features:

Evaluation Model: provides options for One Phase, Two Phase, and Three Phase Challenges with Instant Funding available.
Profit Split: Maven Trading offers profit splits of up to 85%.
Trading Platform: Maven Trading uses the MT5 trading platform.
Discount Code: TRUSTED provides 4% off the Maven Trading challenges.

Best for: Traders whose main focus is on easy access to withdrawing funds and movement of capital.

TopStep

Award: First Prop Firm to Complete 14 Years

Why it’s a hit: Sticking on top for over a decade at prop trading, TopStep has made it to our list due to their industry longevity, reliability, and paying out when it's due.

Key Features:

Evaluation Model: TopStep offers one-step futures trading challenge (1-step) per each account type.
Profit Split: A profit split of up to 80% can be achieved by the traders.
Trading Platform: Proprietary interface for futures trading called TopStep Trader.
Discount Code: TRUSTED provides 10% off the TopStep challenges for all followers.

Best for: Futures traders looking to work with a legacy firm that has been tried and tested over the years.

Traders Launch

Award: Simplest to use Futures Prop Firm.

Why it’s a hit: Accessing funding opportunities with Traders Launch is made easier through scoped tools that are tailored for users, an evaluation step-by-step guide, and low funding costs.

Key Features:

Evaluation Model - Traders Launch offers a Two-phase challenge.
Profit Split - Traders Launch offers up to 80% of profit split.
Traders Launch has a Futures-centric dashboard (undisclosed trading platforms).
Discount Code - TRUSTED 25% off the Traders Launch 2 Step challenge.

Best for - Beginner futures traders who seek user-friendliness and guidance.

Trade The Pool

Award: Best Stock Prop Firm of the Year

Why it’s a hit: Focusing on US equities, Trade The Pool provides unrivaled access to stock markets with no PDT restrictions and total transparency.

Key Features:

Trade The Pool employs a 2 Step evaluation model.
Profit Split of up to 85% can be achieved with Trade The Pool.
The Trader Evolution platform is supported by Trade The Pool.
Discount Code: TRUSTED up to 25% off the Trade The Pool challenge.

Best for - Stock traders interested in real-time trading and minimal restrictions.

Blueberry Funded

Award: Best Broker-Backed Prop Firm

Reason for popularity: Blueberry Funded, sponsored by Blueberry Markets blends broker-level infrastructure with funded accounts and robust trader protections.

Key Features:

Blueberry Funded offers challenges with a step two and one step challenge with broker leverage.
Profit Split: Traders get up to 80% profit split with Blueberry Funded.
Blueberry Funded supports the trading platforms MT4 and MT5 with Blueberry Market feed.
Discount Code: TRUSTED 20% off the challenges with Blueberry Funded.

Best for: Traders needing the security of a brokerage while enjoying some prop firm perks.

My Crypto Funding

Award: For Best Conditions for Trading Digital Assets

Why it’s a hit: My Crypto Funding is a leader in trading digital assets as they provide tight spreads, 24/7 access to the market, and specialized funding options for crypto-only traders.

Key Features:

Evaluation Model: My Crypto Funding has a two phase challenge model.
My Crypto Funding provides up to 85% profit split.
Trading Platform: My Crypto Funding allows integration of MT5 and TradingView.
Discount Code: TRUSTED 20% off the My Crypto Funding challenge.

Best for: Crypto traders who are trading fulltime on weekends and relying on additional metrics.

Sway Funded

Award: Revival Champion Award

Why it’s a hit: Sway Funded came back to the market with boosted trader terms, improved support, faster payouts, and strong support.

Key Features:

Sway Funded provides flexible 1-step, 2-step and 3-step evaluation models.
Profit Split: Sway Funded provides an up to 80% profit split.
Sway Funded includes MT5 trading platform.
Discount Code: TRUSTED for up to 25% off of Sway Funded challenges.

Best for: Traders needing comeback success stories and flexible second chances.

AquaFunded

Award: Best Customer Support

Why it’s a hit: AquaFunded sets itself apart with its industry’s best trader support, quick ticket resolution, and customize onboarding.

Key Features:

AquaFunded offers One Phase, Two Phase, and Three Phase Challenges, along with Instant Funding feature.
Profit split goes up to 80% with AquaFunded.
AquaFunded supports trading on MT4 and MT5.
Discount Code: TRUSTED for 20% off the AquaFunded challenge models.

Best for: Traders who value communication, ease of access, and a speedy response.

Monevis

Award: Best In-House Technology

Why it’s a hit: Monevis prop firm is a tech-driven prop firm with a risk engine, analytics dashboard, and AI-based trade management tools.

Key Highlights:

Monevis provides a 2-step evaluation model.
A profit split of up to 90% is offered by Monevis.
Monevis supports the MT5 trading platform with custom plugins.
Discount Code: TRUSTED gives up to 25% off on Monevis prop firm challenges.

Best for: Traders with advanced technical skills and a passion for powerful automation.

Funded Trader Markets

Award: Easiest Rules Prop Firm.

Why it worked: Funded Trader Markets has become a favourite for traders with its simple, uncomplicated rules and minimal restrictions for funding.

Key Highlights:

Funded Trader Markets has a one-step and two-step evaluation model with an instant funding option.
An 85% profit split is offered by Funded Trader Markets.
Funded Trader Markets supports trading on MT4 and MT5.
Discount Code: TRUSTED 10% off the Funded Trader Markets challenges.

Best for: Traders who seek streamlined performance without focusing on rules.

 

Quick Comparison: Top 5 Prop Firms of 2025

FeatureFundedNextFXIFYAlpha CapitalThe 5%ersE8 Funding
Evaluation RequiredYes (2-phase)NoYes (1-phase)Yes (low-risk)Yes (1-phase)
Challenge Fee$99+$139+$119+$85+$89+
Profit SplitUp to 90%85%80%+80–85%80%
Refund on FeeYesNoYesYesYes
Trading RulesModerateModerateConservativeLow-riskBalanced
Scaling PlanEvery 4 monthsMonthlyPerformance-basedMilestone-based30-day review
PlatformsMT4 / MT5MT5MT4 / MT5MT4 / MT5MT4/cTrader/etc.
Discount CodeTRUSTEDTRUSTEDTRUSTEDTRUSTEDTRUSTED

 

Which Prop Firm Fits You Best?

Trader TypeBest FitWhy
BeginnerFundedNextBalanced evaluation, generous profit splits, and excellent support
Instant EarnerFXIFYNo waiting, no challenge—start trading funded accounts immediately
Analytical ThinkerAlpha CapitalDetailed feedback, structured growth, and transparent trading rules
Risk-Averse StrategistThe 5%ersIdeal for low-risk trading, long-term growth, and milestone-based scaling
Technical ProE8 FundingAdvanced trading platforms like cTrader and TradingView, fast scaling


Don’t Miss These Exclusive Prop Firm Discount Codes by The Trusted Prop

FirmDiscount CodeOffer
FundedNextTRUSTED8% off the challenge fee
FXIFYTRUSTED15% off the challenge fee
Alpha Capital GroupTRUSTED20% off the challenge fees
The 5%ersTRUSTED5% off the challenge fees
E8 FundingTRUSTED5% off the challenge fees

 

What to Look For When Choosing a Prop Trading Firm

For prop trading newbies or those looking to step it up a notch, this is what really matters when choosing the firm:

Challenge Difficulty

  • Is it two parts?
  • Is the profit target reasonable?
  • How strict are the trading rules?

Transparency of fees

  • Is the challenge fee refundable?
  • Are there any post funding hidden fees?

Potential of a Profit Split

  • While some start at 80%, others begin at 90%. 
  • Pay close attention to the manner in which your splits change based on performance.
  • Compatibility of the trading platform with different software
  • Most firms use MT4 and MT5, though some now offer support for cTrader and TradingView integrations.

Scaling Plans

  • Having a solid scaling plan is crucial to traders with long-term plans.
  • Check how often your account is eligible for growth and the conditions tied to it.

Prop Firm Offers on their official site

  • Get exclusive challenge bonuses and time-sensitive offers right from the firm.
  • Don't miss out on funding programs, giveaways, and promotions tied to specific platforms.

 

Final Remarks

The prop trading scene in India is currently more thrilling than ever. Traders have genuine chances to establish careers amid increasing competition between firms for better funded accounts, advanced trading platforms, and increased profit margins – all without risking personal funds.

Leverage these insights, compare features, and ensure you have the prop firm discount code before you embark on your trading journey today.

Looking for more prop firm reviews, trading tips, and exclusive discount codes?

Join their Discord Community and subscribe to The Trusted Prop Newsletter so you can be updated with everything important.

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