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Best prop trading firms

Ranked on five published criteria, all taken from the firms’ own terms. No trader reviews and no payout records go into these positions yet, because we do not have enough of either to be fair — so this is a ranking of what the rulebooks say, and we say so on every entry.

What decides the order
Rule fairness, payout terms, true cost after fees, platform coverage and years operating. Each is scored against a published rubric from the firm’s own documents, so you can check our working.
What we cannot tell you yet
Whether a firm pays reliably in practice. We publish a median payout time only once five traders have submitted verified proof, and a trader score only once a firm has ten verified reviews. Those columns stay empty until they are honest.
To be listed at all
To be listed at all: a named legal entity, terms published in full, and enough documented data to score a majority of the rubric weight. Firms we could not document do not appear here — they are listed separately without a score. 23 firms are documented but not yet scored, and are listed without a position.
Best prop trading firms Best prop firms for beginners Cheapest prop firm challenges Prop firms with static drawdown
MK Martin Krupauer Updated 12 August 2026 Affiliate disclosure
1

For Traders

Czech Republic · Est. 2023 · cTrader, MT5, TradeLocker
69
Rules score

For Traders presents a broad CFD and platform selection with one-step and instant formats, but the supplied challenge data is not detailed enough to assess its risk rules or payout economics fully.

Why it sits here
Rule fairness
50
Payout terms
73
True cost after fees
100
Years operating
58
Payout record
No verified proofs yet — not enough to score
—
Model
2-step
Profit split
80%
Cheapest
$59
Max funding
$5,000
Full review
2

Blue Guardian

AE · Est. 2021 · MT4
59
Rules score

Blue Guardian offers broad account-format, instrument and platform coverage, but key challenge and payout rules are not stated in the supplied overview.

Why it sits here
Rule fairness
85
Payout terms
68
True cost after fees
30
Platform & instruments
20
Years operating
82
Payout record
No verified proofs yet — not enough to score
—
Model
2-step
Profit split
80%
Cheapest
$453
Max funding
$10,000
Full review

Frequently asked

Do firms pay to be on this list?
They can pay for a listing and for labelled placements, but not for a position. Ranking inputs are published component by component on the methodology page, and any commercial relationship is disclosed on the firm’s row and on its profile.
Why are there no trader review scores in the ranking?
Because a handful of reviews would swing a score unfairly. Reviews are collected with purchase proof and shown as their own number once a firm reaches ten verified ones. They never feed the PFH Score.
Why do some firms show no score at all?
Because we have not documented enough of their terms to score them honestly. A firm needs components covering a majority of the total weight before we publish a number, and until then its row says so rather than showing a placeholder.
How often does this list change?
It is reviewed monthly, and immediately whenever a firm changes a rule that affects a scored field. Every change is logged on the firm’s profile.
What is the cheapest way to start?
A one-step evaluation on a small account with a discount code, and the willingness to lose the fee. Treat the first challenge as tuition rather than an investment.