Top 3 Prop Firms with the Best Profit Splits
Profit splits are a critical factor when selecting a proprietary trading firm, as they determine how much of the profits a trader can retain. High profit splits can significantly enhance a trader’s earnings, making the effort and skill invested more rewarding. Here are the top three prop firms offering the best profit splits, based on detailed reviews of their offerings:
Why High Profit Splits Matter
High profit splits allow traders to retain a significant portion of their earnings, enhancing the overall profitability of their trading activities. This is particularly important for skilled traders who consistently generate profits and want to maximize their returns. Prop firms that offer generous profit splits are often more attractive to experienced traders looking for rewarding and supportive trading environments.
The5ers
- Profit Splits: Up to 100%
- Overview: Established in 2016 and headquartered in Israel, The5ers is designed to support forex traders with various funding programs, allowing them to scale their accounts based on performance. The firm offers some of the highest profit splits in the industry, reaching up to 100%.
- Key Features:
- Funding Programs: Bootcamp Program, Hyper Growth Program, High Stakes Program.
- Profit Splits: Ranging from 50% to 100%.
- Trading Instruments: Forex, commodities, indices, cryptocurrencies.
- Support and Resources: Webinars, articles, mentorship programs.
- Payout Frequency: Every two weeks.
- Pros:
- High profit splits.
- No minimum trading days.
- Diverse funding programs.
- Regular payouts.
- Comprehensive support and resources.
- Cons:
- Lower leverage in some programs.
- Mandatory stop-loss requirements.
- Specific drawdown limits.
FTMO
- Profit Splits: Up to 90%
- Overview: Established in 2015 and headquartered in Prague, Czech Republic, FTMO is known for its rigorous evaluation process and high-profit splits. FTMO offers a two-step evaluation process with profit retention rates that can reach up to 90%.
- Key Features:
- Funding Programs: FTMO Challenge, Verification.
- Profit Splits: Starting at 80%, up to 90% through the Scaling Plan.
- Trading Instruments: Forex, commodities, indices, stocks, cryptocurrencies.
- Support and Resources: Webinars, articles, performance coaching.
- Payout Frequency: Monthly.
- Pros:
- High profit splits.
- Comprehensive support and educational resources.
- Diverse trading platforms (MT4, MT5, cTrader, DXtrade).
- Refundable Challenge fee after the first profit split.
- Cons:
- Strict risk management rules (5% maximum daily loss, 10% maximum loss).
- Monthly payout frequency may not suit all traders.
- Geographical restrictions on bank transfers.
- Profit Splits: Up to 90%
- Overview: FundedNext, a newer firm, offers a variety of funding programs with high-profit splits. The firm’s structure supports traders through realistic profit targets and flexible trading day requirements.
- Key Features:
- Funding Programs: Two-step Stellar Challenge, Stellar Lite Challenge, Evaluation Model, One-step Stellar Challenge, Consistency Express Model, Non-Consistency Express Model.
- Profit Splits: Starting at 60%, increasing up to 90%.
- Trading Instruments: Forex, commodities, indices, cryptocurrencies.
- Support and Resources: Webinars, articles, access to trading psychologists.
- Payout Frequency: Bi-weekly.
- Pros:
- High profit splits.
- Flexible trading conditions.
- Comprehensive support system including trading psychologists.
- Variety of payment methods (AstroPay, PayPal, bank transfer, cryptocurrencies).
- Scaling plans for account growth.
- Cons:
- Specific trading restrictions.
- Verification delays for cryptocurrency payments.
- Limited information on some profit splits.
Conclusion
Selecting a prop firm with the best profit splits can greatly impact a trader’s financial success. The5ers, FTMO, and FundedNext stand out for their high profit splits and comprehensive support systems. Each firm offers unique advantages and some potential drawbacks, so it’s essential to choose the one that aligns best with your trading strategy and financial goals. By partnering with a firm that offers substantial profit retention, traders can significantly enhance their earnings and achieve greater financial rewards from their trading activities.
