There are several types of stock prop firms, and the best prop firm for trading stocks is not always the same for everyone.
Let’s get straight to the best ones!
Trade The Pool
REVIEW SUMMARY
Trade The Pool is an Israel-based prop firm. It was founded in 2016 and specializes in stocks and offers real-money trading on a real account. It offers a 14-day free trial for evaluations and day trading and swing trading accounts.
FEATURES
Trade The Pool offers over 12,000 stocks and ETFs, including Penny Stocks, from the US Stock Market. News trading is allowed, but caution is advised.
Maximum balance: $160,000.
The profit split is 50% for the smaller account and grows up to 70% for the bigger account.
Cost starts at $97.
Platforms: proprietary, web, and edgeProX.
PROS AND CONS
What I like:
You trade real money on a real trading account, not a simulated account like many other firms.
The firm is unique in that it specializes in stocks.
You can test any evaluation for free for 14 days.
Day trading and swing trading accounts are offered.
You receive one-on-one coaching and support.
What might be improved:
Swing trading accounts could have greater buying power.
The payout for smaller accounts is only 50%.
It would be beneficial to have the option to trade in other markets, such as Europe, India, and Brazil.
FTMO
SUMMARY
FTMO is a Forex prop firm based in Prague, Czech Republic. It was started in 2015. Read the complete FTMO review.
FEATURES
Available instruments include forex, indices, metals, commodities, stocks, and cryptocurrency.
The payout split starts at 80:20, with 80% of the profit going to you. The FTMO scaling plan encourages professional traders potentially making even more money without increasing risk. Capital increments occur in four-month cycles, and a minimum of 10% of profit is required, which is an average of 2.5% per month. The plan is free of charge. News trading rules apply, with closed positions only two minutes before and after important news releases.
With a maximum balance of $2,000,000 and a profit split of up to 90%, the firm offers a free trial and a 2-step evaluation process.
Cost: from €155. Beginner traders can start with a $10,000 funded account, while seasoned traders may go for a $200,000 funded account. FTMO’s fees are refunded after passing challenges and receiving the first payout.
FTMO offers MT4, MT5, cTrader, and DXtrade platforms.
The Trading Pit
REVIEW SUMMARY
The Trading Pit is a Liechtenstein-based prop firm that provides a wide range of instruments including forex, indices, metals, commodities, stocks, cryptocurrency, equity futures, foreign exchange futures, agricultural futures, energy, interest rate futures, and metals futures. The Trading Pit is the only company that allows traders to trade Forex/CFDs and actual futures.
FEATURES
The Trading Pit provides quick funding, low-cost challenges, and free trading platforms for Forex and futures. Forex leverage is 1:50, but the leverage for Indices and Commodities is 1:10.
The Trading Pit is excellent for those who enjoy trading news events, but any trade must be closed within 2 minutes before and after high-impact news.
Maximum balance: $5,000,000.
Profit share is up to 80%.
Cost: from €99.
Forex symbols can be traded on MetaTrader, and futures accounts include free real-time data and a Rithmic license key. It works with popular futures trading platforms including as NinjaTrader, AAS, Rithmic/R/Trader, and Quantower. Sierra Charts, MovementWave, Jigsaw, Bookmap X-Ray and Volfix.