Prop Firms Like My Forex Funds – Alternatives – Living From Trading (2024)

Top 3 Alternatives to My Forex Funds

Here are the top 3 proprietary firms like My Forex Funds

Other Interesting My Forex Funds Alternatives

Besides the prop firms mentioned above, these ones are also interesting alternatives to My Forex Funds. Check them out:

Prop Firm	Type	Profit Split	Cost	Max Balance	Rating	Review	Visit
	Futures	90%	from $137/month	$300,000	4.9	Read review
	Forex	80%	from $149	$5,760,000	4.8	Read review
	Forex	up to 90%	from $99	$4,000,000	4.8	Read review
	Forex, Futures	up to 80%	from €99/month	$5,000,000	4.8	Read review
	Futures	80%	from $150/month	$150,000	4.8	Read review
	Forex	up to 100%	from $49	$2,000,000	4.8	Read review
	Futures	90%	from $145/month	$100,000	4.8	Read review
	Forex	up to 75%	from £199	$480,000	4.7	Read review
	Forex	up to 90%	from $228	$1,000,000	4.7	Read review
	Futures	90%	from $125/month	$250,000	4.7	Read review
	Futures	80%	from $150/month	$400,000	4.7	Read review
	Futures	up to 80%	from $89/month	$200,000	4.7	Read review
	Futures	90%	from $115/month	$250,000	4.7	Read review
	Forex	up to 90%	from $130	$300,000	4.6	Read review
	Futures	up to 90%	from $26/month	$300,000	4.6	Read review
	Forex	up to 90%	from $129	$1,500,000	4.6	Read review
	Forex	up to 90%	from €99	$2,000,000	4.6	Read review
	Forex	80%	from €89	$400,000	4.6	Read review
	Futures	90%	from $99/month	$250,000	4.6	Read review
	Forex	up to 80%	from $55	$3,000,000	4.4	Read review
	Forex	up to 90%	from $99	$200,000	4.2
	Forex	up to 90%	from $250	$1,000,000	4.2	Read review
	Stocks	up to 80%	from $97	$260,000	4.1	Read review
	Forex	75%	from £149	$10,000,000	4.1	Read review
	Futures	80%	from $80/month	$300,000	4.0	Read review
	Forex	50%	from $99	$1,000,000		Read review

Alternatives To Any Other Prop Firm

If you want to know alternatives to any other prop firm, check our prop firm alternative tool and get all the best alternatives.

How Should I Choose A Prop Firm

If you are undecided between two or more prop trading firms to trade, 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.

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 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 funded account cost to apply and maintain.
• User Rating: How good the 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.

If you are using a Forex prop firm, the instruments available in the vast majority of the Forex 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. Make sure that the My Forex Funds alternative that you choose has a similar or better leverage.

How Much Is The Profit Split

For instant funded accounts, the profit split is not big, usually around 50%.

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.

Make sure that you select a My Forex Funds alternative that has a similar or better profit split.

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 prop firms give you access to the market using CFDs. This means that you typically can use the most popular Forex trading platforms to run your EA:

• 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. If you read the individual review for each alternative prop firm you’ll find more details about the company and how to contact them.

Learn More

• What is prop trading
• Prop firms comparison tool
• List of thebest prop trading firms