Best Futures Prop Trading Firms

You trade exchange-listed contracts rather than currency pairs, and evaluations run on real exchange data — so there are usually market data fees on top of the challenge price, and platforms are the futures ones (Tradovate, NinjaTrader, TopstepX) rather than MetaTrader. Position size is counted in contracts, which makes the drawdown rules bite differently from a lot-based forex account.

It is the rule most futures accounts are lost to. The drawdown level follows your account's high-water mark upward, so a profitable morning raises the floor you must stay above for the rest of the run. Firms differ on whether it trails intraday or only on closed balance, and on whether it stops trailing once you are up by a set amount — check which of the three a firm uses before sizing your trades.

Because futures are exchange-traded and the position for US residents is clearer than it is for offshore forex and CFD offerings, many of which simply do not accept US clients. If you are trading from the United States, the futures firms on this page will usually be the larger part of your shortlist.

The prices above are what each firm charges for its cheapest evaluation. Budget for two things they do not include: exchange market data, which is billed monthly and separately, and the monthly fee some firms charge once you are funded.