Prop Firm & Forex Broker Reviews
Research on two different services. Prop firm reviews cover paid evaluations and funded-stage rules; forex/CFD broker reviews cover live accounts, the legal entity that onboards you, trading fees and funding terms. Ratings are never mixed between the two.
Prop Trading Firms
Evaluation models, full cost, drawdown rules, permitted strategies and payout conditions.
FTMO
Editor's Choice4.8
Profit Split
80-90%
Account Sizes
$10,000 — $200,000
Platforms
MT4, MT5
Payout Speed
24-48 hours
15% OFFwith code HNLFTMO15
FundedNext
Best Value4.7
Profit Split
80-90% (starts at 80%, scales to 90% after scale-up)
Account Sizes
$5,000 — $200,000
Platforms
MT4, MT5
Payout Speed
12-24 hours
30% OFFwith code HNLGROWTH30

The5%ers
Instant Funding4.6
Profit Split
50-100%
Account Sizes
$5,000 — $250,000
Platforms
MT5, cTrader
Payout Speed
1-3 business days
20% OFFwith code 4YBG6L9

The5ers Futures
One-Time FeeEOD Drawdown4.4
Profit Split
80-90%
Account Sizes
$25,000 — $150,000
Platforms
NinjaTrader, Quantower
Payout Speed
1-3 business days
20% OFFwith code 4YBG6L9
TopStep
Futures Specialist4.5
Profit Split
90% (100% on first $10K for legacy accounts)
Account Sizes
$50,000 — $150,000
Platforms
TopstepX, NinjaTrader
Payout Speed
1-3 business days
50% OFFwith code HNLTOP50
Apex Trader Funding
Best Discounts4.4
Profit Split
100% on first $25K, then 90%
Account Sizes
$25,000 — $300,000
Platforms
NinjaTrader, Tradovate
Payout Speed
1-5 business days
80% OFFwith code HNLAPEX80

Goat Funded Trader
No Time LimitFrom $174.2
Profit Split
80–100%
Account Sizes
$5,000 — $200,000
Platforms
MT5, TradeLocker
Payout Speed
48h (firm-stated target)
50% OFFwith code FIRSTGFT
SabioTrade
New4.3
Profit Split
80-90%
Account Sizes
$20,000 — $650,000
Platforms
Sabio Traderoom (Quadcode)
Payout Speed
1-3 business days
10% OFFwith code HNLSABIO
TradeDay
Futures Specialist4.4
Profit Split
Up to 90%
Account Sizes
$10,000 — $150,000
Platforms
Tradovate, NinjaTrader
Payout Speed
1-3 business days
40% OFFwith code HNLTRADE40

HashHedge
Crypto SpecialistLow Entry4.4
Profit Split
80%
Account Sizes
$5,000 — $100,000
Platforms
Proprietary Web Platform (Binance-integrated)
Payout Speed
Instant (Crypto)
10% OFFwith code ha25
B
BrightFunded
Unlimited ScalingFast Payouts4.6
Profit Split
80–100%
Account Sizes
$5K — $200K
Platforms
MT5, cTrader
Payout Speed
8 hours (avg)
10% OFFwith code 2wFtN8yXRPyIq3tZgMcOJQ

Atlas Funded
Pay After Pass$1 Entry4.0
Profit Split
80% (up to 100% via add-on)
Account Sizes
$5K — $400K
Platforms
MT5, TradeLocker
Payout Speed
24h target (eligible accounts)
FunderPro
Static DrawdownNo Trailing DD3.7
Profit Split
80% standard (up to 90% via Pro weekly plan or paid add-on)
Account Sizes
$5K — $200K
Platforms
MT5, cTrader
Payout Speed
~8 hours average (up to 1 business day)
15% OFFwith code hnltrading
Forex & CFD Brokers
Regional availability, account-holding entity, licence and safeguards, trading costs, platforms and funding policy.

Vantage Markets
ASIC RegulatedFCA Licensed4.1
Min Deposit
$50
Max Leverage
1:500
Min Spread
0.0 pips (Raw ECN)
Regulation
ASIC + FCA

Exness
$10 StandardMT4 & MT54.0
Min Deposit
$10
Max Leverage
Up to 1:Unlimited when eligible
Min Spread
From 0.2 pips (Standard)
Regulation
FSA · CBCS · BVI FSC · FSC Mauritius

JustMarkets
$10 Minimum DepositMT4 & MT53.8
Min Deposit
$10
Max Leverage
Up to 1:3000
Min Spread
From 0.3 pips (Standard)
Regulation
FSA · FSC · CySEC · BVI FSC
VM
VT Markets
RAW ECNMT4 & MT53.7
Min Deposit
$100
Max Leverage
Up to 500:1
Min Spread
From 0.0 pips (RAW ECN)
Regulation
FSC Mauritius · FSCA (intermediary)
V
Valetax
Cent AccountNo Swaps3.4
Min Deposit
$8
Max Leverage
Up to 1:2000
Min Spread
From 0.0 pips (ECN)
Regulation
FSC Mauritius · SVG registration

PU Prime
ASIC-Regulated EntityMulti-Entity Broker3.9
Min Deposit
$20
Max Leverage
1:1000
Min Spread
0.0 pips (Prime/ECN)
Regulation
ASIC + FSCA

HFM
FCA-Regulated EntityMulti-Entity Broker3.8
Min Deposit
$0
Max Leverage
1:2000 (Unlimited on InfinityX)
Min Spread
0.0 pips (Zero)
Regulation
FCA + CySEC
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