Best Prop Firms in the USA

City Traders Imperium is one of the longest-running prop firms, with a brand dating to 2018 and a reputation built on a long payout track record. It is a simulated forex and CFD firm on MT5 and Match-Trader, built for swing and long-term traders. Its defining features are balance-based drawdown, calculated from closed balance rather than floating equity, with no time limits, and a scaling plan that roughly doubles the account at each 10 percent milestone toward 4 million. It also offers swap-free Islamic accounts. The base split is 90 percent, rising to 100 percent at the top VIP tier, and US traders are accepted. Note it is now an offshore, unregulated structure, not a UK-regulated broker.

Top One Trader is registered in Anjouan, Union of Comoros, under licence L15829/TOT - not in the United States, as an earlier version of this review stated. It runs six programmes on Match Trader, TradeLocker and MT5, with splits from 60% to 100% and payouts through RiseWorks. Drawdown varies by product: the 2-Step PRO v2 is static, while FLASH, NOVA and both Instant plans trail.

Earn2Trade is an education and evaluation company (a Wyoming LLC) — it does not fund you itself. The funding offer comes from one of three partner proprietary trading firms: Helios Trading Partners, Appius Trading Limited or Kronos Proprietary Trading. On 6 July 2026 Earn2Trade removed the 10-day minimum trading rule entirely and replaced the flat 80/20 split with a tiered structure: 50/50 below a per-account withdrawal threshold, 80/20 at or above it, and a fixed 60/40 on 400,000 USD accounts. There is no consistency rule once funded, and payouts are weekly from 100 USD with no subscription fee once funded. Note that LiveSim accounts use an end-of-day drawdown while Live accounts use an intraday TRAILING drawdown — and on the firm's own published figures, 94.77% of traders who pass stay on LiveSim. Published pass rate: 8.89%.

Bulenox gets the split right where most futures firms do not: 100% of your first $10,000, then a free 90% - no paid upgrade, no tier to unlock. The rules are patient too: no minimum trading days, no time limit, and a daily loss limit that pauses you rather than fails you. The catches are the recurring MONTHLY subscription (a slow evaluation gets expensive) and the Safety Threshold Reserve, which locks $3,100 in a $100k account and counts toward the consistency rule - so a first payout needs roughly $4,100 of profit, not the advertised $1,000. Note also that the binding Terms of Use, dated July 2021, state that Bulenox does not provide live trading, while the Funded Account page promises real capital.

OneUp Trader is one of the more reputable and long-running US futures funding companies: a drawdown that stops trailing at your starting balance, 100% of your first $10,000 then a 90% split, a huge platform choice, and a consistency rule that rewards steadiness over luck, reflected in a strong Trustpilot. Go in understanding the structure: the evaluation is simulated, the Terms frame it as education that places you with third-party funders, and the fee is a monthly subscription. For a disciplined futures trader it is a strong, credible choice.

Elite Trader Funding is a US futures firm offering six evaluation types across thirteen platforms, with payouts processed twice a week. Every account you can buy is simulated - the firm says so itself, and its LIVE ELITE stage, which uses real capital, cannot be purchased at any price. The mechanic that most affects a successful trader is the $25,000 lifetime sim payout cap: reaching it moves you to LIVE ELITE, and the firm's terms state that sim balances do not carry over.

My Funded Futures runs four futures plans - Rapid, Pro, Flex and Builder - across NinjaTrader, Tradovate, TradingView and others, with no activation fee and payouts as fast as 24 hours. The evaluation is a MONTHLY SUBSCRIPTION, not a one-time fee, which is easy to miss. Rapid carries the headline 90% split and daily payouts, but it is also the only plan whose drawdown trails INTRADAY off your equity high, and the word intraday appears nowhere in the marketing.

Finotive Funding is a Dubai (DIFC) simulated forex and CFD prop firm operating since 2021 on MT5 and Match-Trader. Entry is cheap from about 25 dollars, sizes run 2,500 to 200,000 dollars, and scaling is advertised to 5.4 million. Its defining feature is a 10 percent strike system: rule breaks cut your next payout to a 10 percent split rather than closing the account, though the discretionary holistic assessment behind reductions is its top complaint. The Pro tier adds a 1 percent monthly salary and a 100 percent split after 30 days. Drawdown is static and payouts are weekly on Fridays.

Quant Tekel runs its prop product as QT Funded, a 2023-founded simulated multi-asset firm on MT5, cTrader and TradeLocker, trading forex, indices, commodities and crypto CFDs plus a futures line. Its standout is an unusual Payout Guarantee: if you breach a non-prohibited rule after requesting a payout, you still keep 10 percent of pre-breach profit or a full fee refund, whichever is greater, up to three times. The central concern is payout enforcement: through 2026 there is a rising pattern of denied and delayed payouts, often on after-the-fact rule calls. It offers a low 7 percent Phase-1 target, an 80 to 90 percent split and funding to 300,000, with instant, 1-step pay-later and other options. US traders are accepted via TradeLocker, but the structure is offshore and unregulated.

One of the more credible crypto-native prop firms: Kraken backing, real perpetual-futures liquidity, on-demand USDC payouts with a $50 minimum and no day-count or consistency gates, and a static 1-Step drawdown that gets friendlier as you profit. Keep expectations set to the rules rather than the marketing: the real split is 80 percent (90 percent only if you pay for it) and the capital is simulated despite the live-account language.

FuturesElite (Quantum SRL, Italy) gets several things right: an EU-registered operator, an end-of-day (not intraday) trailing drawdown that locks at your starting balance, no daily loss limit and no consistency rule once Elite-funded, a $0 activation fee, and sub-24-hour payouts. Go in understanding two things. The 90% and 100% splits are an Elite-tier feature and a paid add-on respectively - not the "all accounts" default the homepage implies (base is 80%). And the flat, non-scaling payout caps are a deliberate nudge to buy MULTIPLE accounts - the firm openly states traders scale by holding multiple funded accounts rather than growing one. Automation (AI/bots) is banned, and the funded account is simulated with a $50,000 lifetime cap before any live transition.

Top Tier Trader no longer exists as a brand. The firm now trades as TX3 Funding, operating from TX3 Funding FZCO in Dubai, and toptiertrader.com redirects to tx3funding.com. If you hold an old account or are researching the old name, this is the firm you are actually dealing with. Two things most reviews still get wrong: the max drawdown TRAILS on the 1 Phase and both Instant products, and Expert Advisors are banned outright.