Prop trading firms are a great way to give traders access to a decently funded account size to trade.
With the rising of remote work, most prop firm jobs as a trader can be done remotely. However, not all prop firms accept traders from all parts of the world.
For this reason, I created this list with the best prop firms to trade from Germany.
The Top 3 Best Prop Firms In Germany
Let’s start with the list of the 3 best proprietary trading firms in Germany.
FTMO
Rating: 4.9
REVIEW
FTMO is a Forex prop firm, located in Prague, Czech Republic. It was founded in 2014. Read the full FTMO review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Stocks, Crypto.
Max balance: $2,000,000
Profit split: up to 90%
Cost: from €155
Platforms: MetaTrader 4, MetaTrader 5, and cTrader
Funded Trading Plus
Rating: 4.9
REVIEW
Funded Trading Plus is a Forex prop firm, located in London, UK. It was founded in 2021. Read the full Funded Trading Plus review
FEATURES
Instruments: Forex, Indices, Metals, Commodities, Crypto.
Max balance: $2,500,000
Profit split: up to 90%
Cost: from $119
Platforms: MetaTrader 4, and MetaTrader 5
REVIEW
Topstep is a Futures prop firm, located in Chicago, Illinois, USA. It was founded in 2010. Read the full Topstep review
FEATURES
Instruments: Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, Metals Futures.
Max balance: $150,000
Profit split: 90%
Cost: from $165/month
Platforms: TSTrader, NinjaTrader, Quantower, TradingView, Sierra Chart, T4, Jigsaw Daytradr, Multicharts, R|Trader Pro, VolFix, Trade Navigator, ATAS OrderFlow Trading, MotiveWave, Bookmap, Investor/RT
Other Interesting Prop Trading Firms In Germany
These forex prop firms are not at the top 3 for Germany, but are also interesting, and generally not really far away from the previous ones in terms of quality and services provided.
How Should I Choose A Prop Firm
If you are undecided between two or more Forex prop trading firms to trade from Germany, you can use our prop firm comparison tool. Just choose the firms that you want to compare and immediately check the results with a detailed comparison.
Compare Any Prop Firm
How Were These Prop Trading Firms Chosen And Rated
The prop firms that appear here were rated based on different factors, which include:
- Difficulty: How easy it is to pass the prop firm challenges or evaluations.
- Futures platforms: The range of forex trading platforms available.
- Customer support: How fast and reliable the prop firm’s customer support is in solving your problems and answering your questions.
- Profit split: How much of the profits the prop firm shares with you.
- Instruments: How vast the range of instruments available to trade is.
- Cost: How much does a forex funded account cost to apply and maintain.
- User Rating: How good the forex prop firm is rated by other users.
What Can You Trade On A Prop Firm
It depends on the type of prop firm that you are using to trade from Germany.
If you are using a Forex prop firm, the instruments available in the vast majority of the proprietary trading firms are:
- Forex:All major, minor, and even exotic pairs are there if you are a Forex trader.
- Indices:Traded as CFDs, you have all the important indices available to trade including Dax, Nasdaq, Dow Jones, S&P500, FTSE, and others.
- Commodities:Natural Gas, Crude, and Brent Oil.
- Metals:Silver, Gold, and Palladium
- Stocks:On some prop firms you may have stocks available although the list is not big.
- Crypto:On some prop firms you have all the major cryptos available, like BTC, ETH, LTC, XRP, ADA, DOT, DOGE, and a few more.
If you are trading using a Futures prop firm, you can trade CME Futures Assets. That includes CME, CBOT, NYMEX, and COMEX.
The instruments available in the vast majority of the futures proprietary trading firms are:
- Equity Futures
- Foreign Exchange Futures
- Agricultural Futures
- Energy Futures
- Interest Rate Futures
- Metals Futures
- Crypto Futures
How Big Are The Funded Accounts
The maximum Forex prop firm’s funded accounts can go up to $10,000,000.
These balances are only achieved after scaling though, after you get your initial account balance and keep trading without breaching any rule from the prop firm.
These high balances can be misleading, it’s worth paying attention to the leverage provided by the prop firm. Some provide high balances but very small leverage, which makes their accounts equivalent, in terms of buying power, to smaller accounts from prop firms that provide higher leverage.
How Much Is The Profit Split
For instant funded accounts, the profit split is not big, usually around 50%, when trading from Germany.
For funded accounts after a challenge, the payout is between 80% and 90%. This means that the Forex proprietary firm only keeps 10% to 20% of the profits that you made.
Besides that, it’s also normal that the trader gets 100% of the first profits which is usually equivalent to the fee that you paid to pass the challenge.
What Trading Platforms Are Available?
Most of these Germany prop firms give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms:
- MetaTrader 4
- MetaTrader 5
- cTrader
In the case of a futures prop firm, you can use Ninjatrader, Rithmic, Bookmap, Agena Trader, Motive Wave, Photon, Collective2, InsideEdge Trader, Optimus Flow, ScalpTool, Medved Trader, Quantower, Trade Navigator, Overcharts, Sierra Chart, Volfix, TigerTrade, MultiCharts, QScalp, QST, TSLAB, and more.
Are Prop Firms Legit?
Yes, prop trading firms are legit and exist as real companies. They may not be registered directly in Germany but they allow citizens from there to access their funded accounts.
If you read the individual review for each prop firm you’ll find more details about the company and how to contact them.
Advantages Of Germany Prop Firms
- You get access to a wide range of products.
- You don’t need to risk your own capital to trade.
- You can get funded with big-sized accounts, so you don’t need to overleverage and gamble your small account to potentially make decent profits.
- You are forced to follow proper risk management rules.
Disadvantages Of Germany Prop Firms
- Some challenges may be hard to pass, and make you trade more than what you would normally do.
- The firm keeps a small part of the profits for them.
Learn More
- What is prop trading
- Prop firms comparison tool
- List of thebest prop trading firms
Insights, advice, suggestions, feedback and comments from experts
Proprietary trading firms, also known as prop firms, are companies that provide traders with access to a funded trading account. These firms allow traders to trade with the firm's capital instead of their own, which can provide them with larger account sizes and potentially higher profits. With the rise of remote work, many prop firm jobs can now be done remotely, allowing traders from different parts of the world to participate.
In this article, the author lists the top three prop firms in Germany. Let's go through the information provided and discuss the concepts mentioned.
FTMO
- FTMO is a Forex prop firm located in Prague, Czech Republic.
- It was founded in 2014.
- They offer trading instruments such as Forex, Indices, Metals, Commodities, Stocks, and Crypto.
- The maximum account balance is $2,000,000.
- The profit split can go up to 90%.
- The cost to join FTMO starts from €155.
- They provide platforms like MetaTrader 4, MetaTrader 5, and cTrader.
Funded Trading Plus
- Funded Trading Plus is a Forex prop firm located in London, UK.
- It was founded in 2021.
- They offer trading instruments such as Forex, Indices, Metals, Commodities, and Crypto.
- The maximum account balance is $2,500,000.
- The profit split can go up to 90%.
- The cost to join Funded Trading Plus starts from $119.
- They provide platforms like MetaTrader 4 and MetaTrader 5.
Topstep
- Topstep is a Futures prop firm located in Chicago, Illinois, USA.
- It was founded in 2010.
- They offer trading instruments such as Equity Futures, Foreign Exchange Futures, Agricultural Futures, Energy, Interest Rates Futures, and Metals Futures.
- The maximum account balance is $150,000.
- The profit split is 90%.
- The cost to join Topstep starts from $165/month.
- They provide platforms like TSTrader, NinjaTrader, Quantower, TradingView, Sierra Chart, T4, Jigsaw Daytradr, Multicharts, R|Trader Pro, VolFix, Trade Navigator, ATAS OrderFlow Trading, MotiveWave, Bookmap, and Investor/RT.
The article also mentions other interesting prop trading firms in Germany, although they are not in the top three. These firms offer a variety of trading instruments and have different profit splits, costs, and maximum account balances.
When choosing a prop firm, the article suggests considering factors such as the difficulty of passing the firm's challenges or evaluations, the range of trading platforms available, customer support, profit split, available instruments, cost, and user ratings.
The instruments available for trading depend on the type of prop firm. Forex prop firms typically offer major, minor, and exotic currency pairs, indices, commodities, metals, stocks (on some firms), and cryptocurrencies. Futures prop firms allow trading in equity futures, foreign exchange futures, agricultural futures, energy futures, interest rate futures, metals futures, and crypto futures.
The funded accounts provided by prop firms can vary in size. The maximum funded accounts for Forex prop firms can go up to $10,000,000. However, it's important to consider the leverage provided by the prop firm, as some firms may provide high balances but with small leverage.
The profit split for instant funded accounts is usually around 50% when trading from Germany. For funded accounts after a challenge, the payout is typically between 80% and 90%, meaning the prop firm keeps 10% to 20% of the profits. Additionally, traders often get to keep 100% of the first profits, which is usually equivalent to the fee paid to pass the challenge.
Prop firms typically provide access to popular trading platforms such as MetaTrader 4, MetaTrader 5, cTrader, Ninjatrader, Rithmic, Bookmap, and many more.
Prop trading firms are legitimate companies, although they may not be registered directly in Germany. However, they allow citizens from Germany to access their funded accounts.
Advantages of trading with prop firms include access to a wide range of products, not needing to risk your own capital, the ability to trade with larger account sizes, and being forced to follow proper risk management rules.
Disadvantages of trading with prop firms include the potential difficulty of passing challenges, the firm keeping a portion of the profits, and potentially being required to trade more than you would normally do.
I hope this information helps you understand the concepts mentioned in the article about prop trading firms in Germany. If you have any further questions, feel free to ask!