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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.

Prop firm methodology

FTMO

Editor's Choice
4.8
Profit Split
80-90%
Account Sizes
$10,000 — $200,000
Platforms
MT4, MT5
Payout Speed
24-48 hours
15% OFFwith code HNLFTMO15

FundedNext

Best Value
4.7
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 logo

The5%ers

Instant Funding
4.6
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 logo

The5ers Futures

One-Time FeeEOD Drawdown
4.4
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 Specialist
4.5
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 Discounts
4.4
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 logo

Goat Funded Trader

No Time LimitFrom $17
4.2
Profit Split
80–100%
Account Sizes
$5,000 — $200,000
Platforms
MT5, TradeLocker
Payout Speed
48h (firm-stated target)
50% OFFwith code FIRSTGFT

SabioTrade

New
4.3
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 Specialist
4.4
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 logo

HashHedge

Crypto SpecialistLow Entry
4.4
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 Payouts
4.6
Profit Split
80–100%
Account Sizes
$5K — $200K
Platforms
MT5, cTrader
Payout Speed
8 hours (avg)
10% OFFwith code 2wFtN8yXRPyIq3tZgMcOJQ
Atlas Funded logo

Atlas Funded

Pay After Pass$1 Entry
4.0
Profit Split
80% (up to 100% via add-on)
Account Sizes
$5K — $400K
Platforms
MT5, TradeLocker
Payout Speed
24h target (eligible accounts)
FunderPro logo

FunderPro

Static DrawdownNo Trailing DD
3.7
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.

Broker methodology
Vantage Markets logo

Vantage Markets

ASIC RegulatedFCA Licensed
4.1
Min Deposit
$50
Max Leverage
1:500
Min Spread
0.0 pips (Raw ECN)
Regulation
ASIC + FCA
Exness logo

Exness

$10 StandardMT4 & MT5
4.0
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 logo

JustMarkets

$10 Minimum DepositMT4 & MT5
3.8
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 & MT5
3.7
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 Swaps
3.4
Min Deposit
$8
Max Leverage
Up to 1:2000
Min Spread
From 0.0 pips (ECN)
Regulation
FSC Mauritius · SVG registration
PU Prime logo

PU Prime

ASIC-Regulated EntityMulti-Entity Broker
3.9
Min Deposit
$20
Max Leverage
1:1000
Min Spread
0.0 pips (Prime/ECN)
Regulation
ASIC + FSCA
HFM logo

HFM

FCA-Regulated EntityMulti-Entity Broker
3.8
Min Deposit
$0
Max Leverage
1:2000 (Unlimited on InfinityX)
Min Spread
0.0 pips (Zero)
Regulation
FCA + CySEC

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