All Prop Trading Firms - 327 Competitors and Alternatives - Tracxn (2024)

Competitive Landscape of All Prop Trading Firms

Rank

391st

Among 391 Competitors

Active Competitors

327

37 Funded / 55 Exited / 16 Public / 39 Acquired

Funding of competitors of All Prop Trading Firms

$3.24B

132 Funding Rounds

Here is a list of the top 10 competitors of All Prop Trading Firms, ranked by Tracxn score:

1. Morningstar

Online financial database and investment advisory management solutions

Founded Year
1984

Funding
$91M
Location
Chicago (United States)
Investors

Nordea, SoftBank Capital

and 4 Others

Stage
Public
Tracxn Score
81/100What is this?

Online financial database and investment advisory management solutions. It provides data for stocks, mutual funds, and more. The products modules include research software that allows users to compare investments and portfolios, analyze market trends, categorizes real-time investment data and mutual fund databases, credit rating tools, portfolio and practice management tool for independent financial advisors, and more. It also offers real-time global market data for equities, indexes, futures, options, commodities, precious metals, foreign exchange, funds, bonds, and treasury markets. It also offers investment management services through investment advisory subsidiaries, portfolio performance analytics, corporate ratings, and reviews, listings, etc.

2. IHS Markit

Online data source platform for information, analytics, and solutions for governments and financial markets

Founded Year
1959

Funding
$1.16B
Location
London (United Kingdom)
Investors

CPP Investments, General Atlantic

and 6 Others

Stage
Acquired
Tracxn Score
80/100What is this?

Online data source platform for information, analytics, and solutions for governments and financial markets. The company offers products on data, and analytics across multiple industries covering economic forecasting, cost modeling, risk assessment, performance measurement, price discovery, product pricing, reference and alternative data, and analytical tools for assets and markets. The offering sectors include aerospace, finance, retail, environment, and more.

Founded Year
1981

Stage
Unfunded
Location
New York City (United States)
Tracxn Score
71/100What is this?

Business and financial information company that provides news, data, analysis, and video. It provides financial software tools such as an analytics and equity trading platform, data services, and news to financial companies and organizations through the terminal. Covers several major asset classes including equities, fixed income, currencies, commodities, mutual funds, and ETFs. It covers business, finance, politics, and technology news and podcasts. The news is carried through multiple channels including web, mobile, television, digital video, radio, print, and live event platforms. It also offers a chatbot that uses AI and NLP algorithms to provide financial data and can answer business questions, replace company names with stock tickers, identify names in documents, write headlines, and more.

4. FactSet

Financial data marketplace and analytics solution for investment professionals

Founded Year
1978

Stage
Public
Location
Norwalk (United States)
Tracxn Score
68/100What is this?

Financial data marketplace and analytics solution for investment professionals. It offers multiple data solutions including core-company data, alternative data, event-driven data, market data, and real-time news & research. It also offers risk analytics solutions, portfolio analytics solutions, quantitative research solutions, performance management & attribution solutions, client & portfolio reporting solutions, and regulatory compliance solutions.

5. YipitData

Analysis of web data about public companies for institutional investors

minicorn

Founded Year
2010

Funding
$490M
Location
New York City (United States)
Investors

The Carlyle Group, Highland Capital Partners

and 9 Others

Stage
Series E
Tracxn Score
66/100What is this?

Yipit analyzes web data for institutional investors. Its operations can be categorizedin two segments. For shoppers, Yipit.com aggregates the best deals and offers available online and identifies the most appropriate for each user based on their unique preferences. The company works with partners such as Groupon, LivingSocial, Gilt, Travelzoo, and hundreds more.For investors, YipitData aggregates online data about publicly traded companies to derive their operating performance. Its portfolio includes Groupon, Alibaba, Workday, Netflix, MercadoLibre, eBay, JD, ServiceNow, Veeva and more. The company license this data to the largest institutional investors in the world.

Online platform for financial market data and analytics

Founded Year
1882

Stage
Acquired
Location
New York City (United States)
Tracxn Score
64/100What is this?

Online platform for financial market data and analytics. The flagship product is the wall street journal which is a daily newspaper in print and online covering business, financial, national, and international news and issues around the globe. It provides information on company finances, the world economy, market trends, research services, investors database, etc. It also offers data intelligence solutions for the risk and compliance sector.

7. Uzabase

App-based database with industry and public companies related data

Founded Year
2008

Funding
$6.82M
Location
Minato City (Japan)
Investors

The Carlyle Group, GMO Venture Partners

and 12 Others

Stage
Public
Tracxn Score
63/100What is this?

8. SGX

Online platform for securities and derivatives exchange database

Founded Year
1999

Stage
Public
Location
Singapore (Singapore)
Tracxn Score
62/100What is this?

Online platform for securities and derivatives exchange database. It provides financial market and public data, information on the value of securities and trade statistics, and access to live market updates, stockindex prices, corporate statements, price alerts, rules and regulations, adherence and complianceinformation, and more. It also runs a platform for continual multi-asset investing. It uses AI to manage data security and exchange operations. The company offers data, trading, clearing, settlement, and listing services.

9. Xe

Currency and foreign exchange platform

Founded Year
1993

Stage
Acquired
Location
Newmarket (Canada)
Tracxn Score
60/100What is this?

XE.com provides online foreign exchange tools and services like currency converter, exchange rate and money transfer. The company also provides commercial currency data feed (XE Data Feed) and foreign exchange service (XE Trade). As of early 2013, independent ranking site Alexa ranks XE in the top 500 of all sites worldwide by traffic, and a top 100 traffic site in Ireland, South Africa, and the UAE. The company was acquired by Euronet Worldwide, which is an electronic payments provider, in 2015.

10. OnVista

Exchange rates and stock quotes provider

Founded Year
1998
Investors

Acton Capital, betafabrik

and 3 Others

Location
Frankfurt Am Main (Germany)
Tracxn Score
59/100What is this?

Stage
Acquired

OnVista provides real-time stock quotes, news, charts and related information on stocks, funds, currencies, commodities, certificates, warrants and more. It also provides android and iOS apps for users to follow the information provided.

View details of All Prop Trading Firms competitors

All Prop Trading Firms - 327 Competitors and Alternatives - Tracxn (21)

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  • Company Details
  • Founder Details
  • Funding and Investor Details
  • Competitor Analysis of All Prop Trading Firms

    How much funding have All Prop Trading Firms's competitors raised?

    All Prop Trading Firms's competitors have raised a total of

    $3.24B

    funding across 132 funding rounds

    . See the distribution of funded competitors of All Prop Trading Firms below.

    Company name

    Total Funding

    Founded Year

    IHS Markit

    $1.16B

    1959

    IHS Markit

    $750M

    1959

    YipitData

    $490M

    2010

    Morningstar

    $91M

    1984

    Uzabase

    $6.82M

    2008

    View all All Prop Trading Firms Competitors here

    Frequently asked questions about All Prop Trading Firms's competitors

    Where does All Prop Trading Firms rank among its competitors?

    All Prop Trading Firms ranks

    391st among

    391

    competitor

    s

    .

    Competitor

    s

    include Morningstar,

    IHS Markit and

    Bloomberg

    How many competitors does All Prop Trading Firms have?

    All Prop Trading Firms

    has 391 competitors, of which 327 are active

    , 37 are funded and 55 have exited

    .

    Who are the newest competitors of All Prop Trading Firms?

    The newest competitor

    s

    of

    All Prop Trading Firms

    are

    Sivastatz,

    LemonRocks and

    HappyNest.

    All Prop Trading Firms - 327 Competitors and Alternatives - Tracxn (2024)

    FAQs

    Are there any legit prop firms? ›

    The Forex Funder is among the most popular prop trading firms globally. The UK-based prop firm offers a 1-step and 2-step evaluation process, which allows traders to choose the most suitable one based on their experience and strategy.

    What's going on with prop firms? ›

    A widespread crackdown is impacting how prop trading firms operate inside and outside the U.S. Prop trading firms have been shutting down or suspending their services, particularly to U.S.-based clients, because of a crackdown from MetaQuotes, the company behind the popular MetaTrader trading platforms.

    Do prop firms trade real money? ›

    Sure, the firm may replicate successful trades of the funded traders on the firm's real account. But, again, those are trades made by the firm itself with its own capital. And in general, prop firms insist that they are not financial institutions and do not provide financial services.

    What is the best prop firm for options trading? ›

    #1 – Funder Trading

    Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

    Why is FTMO banned in the US? ›

    FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

    Why is prop trading illegal? ›

    The Volcker Rule is intended to restrict high-risk, speculative trading activity by banks, such as proprietary trading or investing in or sponsoring hedge funds or private equity funds.

    Is prop trading illegal? ›

    (a) Prohibition. Except as otherwise provided in this subpart, a banking entity may not engage in proprietary trading. Proprietary trading means engaging as principal for the trading account of the banking entity in any purchase or sale of one or more financial instruments.

    Why was prop trading banned? ›

    The Volcker Rule is one of the more controversial pieces of legislation to emerge from the financial crisis. Attached to the Dodd-Frank Act, the rule was intended to limit banks' ability to make speculative investments that do not benefit their customers.

    Are there free prop trading firms? ›

    There are unique opportunities to get a free prop firm challenge account for forex. The current competition in the prop firm industry has created new offers to attract traders. Many forex prop firm challenge offers include smaller accounts, lower challenge fees, and refunds upon passing.

    Do banks do prop trading? ›

    Institutions such as brokerage firms, investment banks, and hedge funds frequently have proprietary trading desks. However, there are restrictions against large banks engaging in prop trading, designed to limit the speculative investments that contributed the 2007-2008 financial crisis.

    How do prop firms not lose money? ›

    Strict risk management rules – prop firms impose strict risk management guidelines to protect their capital. While these rules help financial companies preserve their assets, they can sometimes limit a trader's flexibility in executing trades.

    What is the best instant funded prop firm? ›

    FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

    Is FTMO trustworthy? ›

    Having successfully operated since 2015, we provided thousands of clients with their FTMO Accounts, and in total, we have paid out over $160 million. We've also been featured in Forbes and awarded by Deloitte and EY multiple times.

    Which prop firm is better than FTMO? ›

    FunderPro: FunderPro is the most popular alternative to FTMO. It has a similar two-step challenge process, but the requirements are slightly more lenient. For example, the FunderPro Challenge requires a 10% profit target in 30 days, while the FTMO Challenge requires a 12% profit target.

    Are prop firms legal in USA? ›

    US law generally allows prop firms to operate and for them to provide traders with capital to trade. However, there are specific regulations regarding how prop firms can manage these funds and the relationship between the firm and the trader.

    Is FTMO allowed in the US? ›

    Please note that FTMO does not provide services to persons in/from (both nationals and residents) Iran, Syria, Myanmar, North Korea and USA, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract.

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