The proprietary trading (prop trading) industry has seen significant growth in recent years, particularly in futures trading. Futures prop firm provide traders with capital to trade futures markets in exchange for a profit split. For traders in the UK, the availability of reliable and well-structured futures prop firms is a key consideration. Here is a comprehensive guide to the best futures prop firms in the UK, highlighting their features, benefits, and what sets them apart.
Best Futures Prop Firms in UK
$650,000
*Choose your account type and start trading
$500,000
*Choose your account type and start trading
1. FTMO
Overview: FTMO is a globally recognized prop firm with a solid reputation in the futures trading space. Although they cater to a worldwide audience, they have a strong presence in the UK due to their robust trading programs and trader-friendly policies.
Key Features:
- Evaluation Process: A two-step evaluation consisting of a challenge and verification stage to prove trading skills.
- Capital Allocation: Up to £400,000 in funding.
- Profit Split: 80-90% in favor of the trader.
- Risk Management: Flexible risk management rules to suit different trading styles.
- Trading Platforms: Compatibility with MetaTrader 4, MetaTrader 5, and cTrader.
Why Choose FTMO? FTMO’s structured evaluation process and generous profit split make it an excellent choice for disciplined traders looking to scale their trading careers.
2. TopStep
Overview: TopStep is a well-established prop firm specializing in futures trading. It’s particularly popular among UK traders due to its educational resources and transparent processes.
Key Features:
- Evaluation Process: A two-phase process to test trading consistency and risk management.
- Capital Allocation: Funding starts from £50,000 and scales as traders demonstrate consistency.
- Profit Split: 90% in favor of the trader.
- Risk Management: Strict rules to promote disciplined trading.
- Educational Resources: Access to coaching and community support.
Why Choose TopStep? TopStep is ideal for traders who value a structured environment and want to build a long-term trading career with a focus on futures markets.
3. Earn2Trade
Overview: Earn2Trade combines prop trading opportunities with a strong focus on trader education. It is highly regarded among UK futures traders for its comprehensive learning programs and flexible funding options.
Key Features:
- Evaluation Process: The Gauntlet Mini program allows traders to qualify for funding in as little as 15 days.
- Capital Allocation: Funding up to £200,000.
- Profit Split: 80% to the trader.
- Trading Platforms: Compatible with various platforms like NinjaTrader and TradingView.
- Education: Includes webinars, mentorship, and a trading simulator.
Why Choose Earn2Trade? Earn2Trade is perfect for beginners and intermediate traders looking to improve their skills while gaining access to trading capital.
4. The 5%ers
Overview: The 5%ers offer a unique funding model that caters to both forex and futures traders. Their global reach and support for UK traders make them a noteworthy contender.
Key Features:
- Evaluation Process: A single-step evaluation with achievable trading targets.
- Capital Allocation: Instant funding with account sizes starting at £60,000.
- Profit Split: 50% to the trader.
- Risk Management: Focuses on consistency over aggressive trading.
- Growth Program: Allows traders to scale up capital as they achieve targets.
Why Choose The 5%ers? The 5%ers is an excellent choice for traders who prefer instant funding and a clear path to scaling their trading capital.
5. Fidelcrest
Overview: Fidelcrest is a prop firm that has gained traction in the UK for its versatile funding programs and high-profit splits.
Key Features:
- Evaluation Process: Two account types: Normal and Aggressive, with different profit targets.
- Capital Allocation: Up to £400,000 in funding.
- Profit Split: Up to 90% in favor of the trader.
- Risk Management: Detailed guidelines to protect both the firm and traders.
- Trading Platforms: Supports popular platforms like MetaTrader 4 and MetaTrader 5.
Why Choose Fidelcrest? Fidelcrest’s high profit split and flexible account options make it appealing to experienced traders aiming to maximize their earnings.
FAQs
What is a futures prop firm?
A futures prop firm provides traders with capital to trade futures markets. In return, the firm takes a share of the trader’s profits. Traders are usually required to pass an evaluation process to qualify for funding.
How do I qualify for funding at a futures prop firm?
Most futures prop firms have an evaluation process, which typically involves meeting specific profit targets and adhering to risk management rules. This process varies by firm and may consist of multiple phases.
Are there fees to join a prop firm?
Yes, most prop firms charge an initial evaluation fee or monthly subscription fee. These fees cover the cost of accessing trading platforms, evaluations, and other services.
Can I trade from the UK with an international prop firm?
Yes, many international prop firms accept traders from the UK. Ensure the firm supports your preferred trading platforms and complies with local regulations.
What platforms can I use to trade futures with a prop firm?
Popular platforms include MetaTrader 4, MetaTrader 5, NinjaTrader, and cTrader. The specific platform options depend on the prop firm you choose.
What is the typical profit split at a prop firm?
Profit splits vary, but most firms offer between 50% and 90% of profits to the trader. Some firms also allow traders to negotiate splits as they gain more experience.
Are futures prop firms suitable for beginners?
Some futures prop firms, like Earn2Trade, are beginner-friendly and offer educational resources. However, beginners should be prepared to learn and practice before attempting evaluations.
Can I scale my account with a prop firm?
Yes, many prop firms offer scaling plans. As traders meet profit targets and demonstrate consistency, they can access larger account sizes and higher capital allocations.
Final Thoughts
Choosing the right futures prop firm depends on your trading style, experience level, and personal preferences. For UK traders, firms like FTMO and TopStep offer globally recognized programs, while options like Earn2Trade and The 5%ers provide unique advantages for specific trader profiles.
Before committing to a prop firm, evaluate their rules, fees, and reputation to ensure they align with your trading goals. With the right prop firm, you can access significant capital, hone your trading skills, and take your futures trading career to new heights.