Traders who are looking to get into futures trading should take the crucial step of finding the right prop firm. Access to higher capital and favorable trading conditions are the things to look out for when deciding on the best futures prop firms for you. Axe Trader , a frontrunner in the prop firm market, also extends services which allow traders to access futures trading and might be considered to be the best among the best for futures trading.
Our capital, your skills
On the lookout for the best futures prop firms , a few names do come to mind due to their unique advantages that allow traders to trade based on their trading styles. The top three prop firms that fit this criteria are:
1. Topstep
Topstep is one of the older prop firms which was founded in 2010 with their base set up in Chicago, Illinois. Unique selling points associated with Topstep include its very own proprietary trading platform called TopStepX which comes with Tradingview integration and built-in copy trading features. Top step trading accounts can reach a maximum trading balance of $150,000. One major drawback however is the fact that TopStep only permits day trading ; traders are not permitted to hold their positions overnight.
2. Apex Trader Funding
Apex Trader Funding is a relatively newer prop firm founded in 2021 with their base of operations being Austin, Texas. Key features include :
Maximum account balance of $300,000
Up to 90% profit split
No restriction during news events
The 1st $25,000 made in profits goes solely to the trader with no profit split
However, similarly to TopStep, only day trading is supported.
3. Take Profit Trader
Take Profit Trader is yet another newer prop firm founded in 2022 set up in Orlando , Florida. One of the biggest selling points of Take Profit Trader is speed! Payments are processed at rapid speeds and funded Pro accounts can be obtained in as little as 5 days. Take Profit Trader also has a trailing drawdown which scales according to the open profit of the trading account.
MyFundedFutures is worth mentioning as a newer, fast-growing firm. Although it's still establishing itself, its rapid growth suggests it's a firm to watch in the futures trading space.
MyFundedFutures is another new and fast growing prop firm which offers futures trading. The firm is still working on establishing itself but its rapid growth might justify keeping an eye on it for potential futures trading down the line.
Axe Trader is one of the best prop firms in the market right now and any prospective trader should consider the firm. While Axe Trader is not a futures prop firm exclusively it offers traders complete flexibility in trading futures along with Forex , stocks , indices and crypto. Axe Trader also has the best support environment for traders which has proven to be extremely beneficial to novices and experienced traders alike.
Another major advantage Axe Trader has over the aforementioned futures prop firms is that it permits swing trading and overnight holdings. Traders who wish to have this added level of flexibility should strongly consider Axe Trader as their futures prop firm.
Overall Axe Trader offers all of the benefits the previously mentioned futures prop firms have with even more upside and none of the drawbacks! So what are you waiting for? Become a funded trader with Axe Trader today!
In conclusion the best known futures prop firms each have their unique advantages but also have few notable drawbacks. Making Axe Trader your one stop shop for trading might prove to be the most intellectual decision a trader can make.
So, are you Ready to take your trading to the next level? Traders get the funding they need with Axe Trader. Follow us on our socials to keep up to date with promos, and new updates to our business operations. Here’s all our Axe Trader social handles:
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Axe Trader Ltd. offers fee-based assessment services and facilitates connections with third parties for Potential Traders who meet specific criteria defined by Axe Trader (“Eligible Traders”). Our services involve evaluating the simulated trading performance and results of Potential Traders in certain virtual off-exchange foreign currency instrument pairs (“Forex”) and/or selected virtual contracts for differences (“CFDs”). We conduct data analysis based on simulated trading activities in demo accounts traded by Potential Traders through Axe Trader’s platform, utilizing data provided by a third-party broker. Our methods and techniques are established and maintained by Eligible Traders.
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