Prop Firms With No Evaluation - Instant Funding - Living From Trading (2024)

Prop firms are a great solution for traders with a lack of capital, but they often require a lot of work to pass challenges and evaluations before you finally get your desired funded account.

Thankfully, there are prop firms with no evaluation. You don’t need to pass any challenge, you just receive instant funding right from the start.

In this article, you’ll learn what are the top best trading prop firms with no evaluation and you’ll be able to compare them to choose the best one for your personal situation.

The Top 3 Best Instant Funding Prop Firms

Here’s the list of the 3 best instant funding proprietary trading firms.

Funded Trading Plus

Rating: 4.9

REVIEW

Funded Trading Plus is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full Funded Trading Plus review

FEATURES

Instruments: Forex, Indices, Metals, Commodities, Crypto.

Max balance: $2,500,000

Profit split: up to 90%

Cost: from $119

Platforms: MetaTrader 4, and MetaTrader 5

FTUK

Prop Firms With No Evaluation - Instant Funding - Living From Trading (2)

Rating: 4.8

REVIEW

FTUK is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full FTUK review

FEATURES

Instruments: Forex, Indices, Commodities, Crypto.

Max balance: $5,760,000

Profit split: 80%

Cost: from $149

Platforms: MetaTrader4 and MetaTrader 5

City Traders Imperium

Rating: 4.8

REVIEW

City Traders Imperium is a Forex prop firm, located in UK. It was founded in 2018. Read the full City Traders Imperium review

FEATURES

Instruments: Forex, Indices, Metals, Commodities.

Max balance: $2,000,000

Profit split: up to 100%

Cost: from $49

Platforms: MetaTrader 5

How Should I Choose A Prop Firm

If you are undecided between two or more instant funding prop trading firms, you can use ourprop firm comparison tool. Just choose the firms that you want to compare and immediately check the results with a detailed comparison.

Compare Any Prop Firm

How Were These No Evaluation Prop Trading Firms Chosen And Rated

The prop firms that appear here were rated based on different factors, which include:

  • Difficulty: How easy it is to maintain an instant funded account.
  • Trading platforms: The range of trading platforms available.
  • Customer support: How fast and reliable the prop firm’s customer support is in solving your problems and answering your questions.
  • Profit split: How much of the profits the prop firm shares with you.
  • Instruments: How vast the range of instruments available to trade is.
  • Cost: How much does a funded account cost to apply and maintain.
  • User Rating: How good the prop firm is rated by other users.

What Can You Trade On A No Evaluation Prop Firm

Typically, you can trade any CFD product with a prop firm with no evaluation.

The instruments available in the vast majority of proprietary trading firms are:

  • Forex:All major, minor, and even exotic pairs are there if you are a Forex trader.
  • Indices:Traded as CFDs, you have all the important indices available to trade including Dax, Nasdaq, Dow Jones, S&P500, FTSE, and others.
  • Commodities:Natural Gas, Crude, and Brent Oil.
  • Metals:Silver, Gold, and Palladium
  • Stocks:On some prop firms you may have stocks available although the list is not big.
  • Crypto:On some prop firms you have all the major cryptos available, like BTC, ETH, LTC, XRP, ADA, DOT, DOGE, and a few more.

How Big Are The Instant Funded Accounts

The maximum prop firm’s instant funded accounts typically go up to $1,000,00 or $2,000,000.

These balances are only achieved after scaling though, after you get your initial account balance and keep trading without breaching any rule from the prop firm.

How Much Is The Profit Split

For instant funded accounts, the profit split is not big, usually around 50%. But on some prop firms, it may increase over time, up to a maximum of 90%.

What Trading Platforms Are Available?

Most of these prop firms with no challenge give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms:

  • MetaTrader 4
  • MetaTrader 5
  • cTrader

Are No Evaluation Prop Firms Legit?

Yes, no-evaluation prop trading firms are legit and exist as real companies.

If you read the individual review for each prop firm you’ll find more details about the company and how to contact them.

Advantages Of No Evaluation Prop Firms

  • You get access to an instant funded account immediately.
  • You don’t need to risk your own capital to trade.
  • You can get funded with big-sized accounts, so you don’t need to overleverage and gamble your small account to potentially make decent profits.
  • You are forced to follow proper risk management rules.

Disadvantages Of No Evaluation Prop Firms

  • The profit split is lower when compared to programs with evaluation or challenges.

Learn More

  • What is prop trading
  • Prop firms comparison tool
  • List of thebest prop trading firms

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Prop Firms With No Evaluation - Instant Funding - Living From Trading (2024)

FAQs

Which prop firm has no evaluation? ›

Audacity Capital is the best prop trading firm for experienced traders. Like other firms, it specializes in forex, indices, and commodities as well. Audacity Capital offers two funding programs. For experienced traders, it has no evaluation process.

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.

Can you make a living trading for a prop firm? ›

Also known as “prop trading,” it offers higher earnings potential much earlier in your career than jobs like investment banking or private equity. It's arguably the most merit-based industry within finance: if you make millions of dollars for your firm, you'll earn some percentage of it.

Which prop firm has the fastest payout? ›

FunderPro stands out for its rapid payouts in the prop trading industry. With some competitors taking weeks to process payouts, FunderPro prioritizes swift transactions, ensuring traders receive their earnings promptly.

Which prop firm is the easiest to pass? ›

Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

What is the cheapest prop firm? ›

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

How much does the average prop trader make? ›

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.

How many traders fail prop firms? ›

Historically, retail prop firm challenges have been designed to set traders up to fail. They're given harsh targets, limited time, no support, and huge leverage – a perfect storm! It's not surprising that 95% of traders fail their challenges!

Is trading for a prop firm worth it? ›

Is working with a prop firm worth it? There are many unique advantages that make working with a prop firm worth it. These include access to unique software and information, trading with the firm's capital, and cashing in a large portion of your winnings.

How to get a free prop firm account? ›

You can win free accounts by completing simple tasks, such as following, liking, subscribing, or referring others. In conclusion, you can get a free funded account by simply entering trading competitions, or participating in giveaways.

How do I pass a prop firm account? ›

Tips for Passing a Prop Firm Trading Challenge
  1. Understand the Rules of Engagement: ...
  2. Master Your Trading Strategy: ...
  3. Risk Management is Non-Negotiable: ...
  4. Leverage Your Analytical Skills: ...
  5. Stay Disciplined and Patient: ...
  6. Continuous Learning is the Key: ...
  7. Embrace Feedback and Adapt: ...
  8. Simulate Real Trading Conditions:
Feb 5, 2024

Which prop firms offer free challenge? ›

Which prop firms give a free trial? FunderPro, FTMO, UltraCap Trading are some of the best options for traders who want to join a prop trading firm that offers free trials or demo accounts.

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?

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

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