6 Best Crypto Prop Trading Firms 2021: A Trader’s Perspective

The crypto market is expanding at an astonishing rate. As such, advantageous companies want to get a piece of the pie by offering traders funded accounts. But with so many options to choose from, how …

best crypto prop trading firms

The crypto market is expanding at an astonishing rate. As such, advantageous companies want to get a piece of the pie by offering traders funded accounts.

But with so many options to choose from, how do you know which one is best suited to your needs?

Well, after years of trial and error, as well as extensive research, I put together this guide of the 6 best prop trading firms for crypto.

But before we dive into the nitty gritty of each firm, let’s see an overview of what each one has to offer.

Best Crypto Prop Trading Firms Overview

NameBalance RangeProfit SplitFees 
FTMO$25,000 - $200,00080% - 90%€250 - €1,080Open
DT4X Trader$100,000 - $500,00060%$275 - $575Open
MyForexFunds$324,000 - $1,350,00050%$99 - $2,450Open
The5%ers$6,000 - $20,00050%$275 - $875Open
Lux Trading Firm$5,000 - $15,00065%£299 - £499Open
City Traders Imperium$20,000 - $70,00050%£200 - £550Open

FTMO

As the worldwide leader in prop firms, FTMO came out of the gate swinging by offering a 70% profit share, a diverse selection of brokers, excellent client support, and more.

If you can meet FTMO’s requirements and you want a reliable and profitable platform for prop trading crypto, this is the firm for you.

Based in the Czech Republic, FTMO engages primarily in the field of foreign exchange transactions (forex trading), but they have crypto as well.

Moreover, they provide up to $200,000 in trading funds for traders who can pass fairly simple challenges. The challenges are designed to prove that you are a continuously profitable trader.

If you are, in return, you will get capital, in which you retain up to 90% of the profit and FTMO retains 10%.

The company essentially looks for profitable traders who only need capital, and then provides them with the tools and capital they need.

FTMO’s Programs

TypeFunding AmountOne Time FeeProfit Split
Scaling$25,000$27080%
Scaling$50,000$39080%
Scaling$100,000$60980%
Scaling$200,000$1,21790%

Their Pros

  • Free retest with positive balance
  • Trade discretionary
  • News event trading
  • 2-step evaluation
  • Hedging
  • EAs

Their Cons

  • Not everyone can pass the requirements
  • Strict guidelines

DT4X Trader

This firm is a prop company headquartered in the United Kingdom. It provides instant funding — as much as $50,000 and a 60% profit share. 

You will get monthly payments and a milestone expansion plan of 10%. This is enticing to new crypto traders who are looking to get their foot in the door.

DT4X is reliable and trustworthy, so you can count on investing in a solid platform. What’s more, you can potentially trade for $1,240,000 and get 60% of the profit. 

Unlike FTMO, there’s no challenge that new crypto traders are required to pass. Instead, there is simply instant financing.

Moreover, the maximum loss is 5%, and the profit target is 5%. Finally, there is a milestone target of 10%.

DT4X Trader’s Programs

TypeFunding AmountOne Time FeeProfit Split
Basic$10,000$34560%
Advanced$25,000$46560%
Pro$50,000$64560%

Their Pros

  • Doesn’t have a daily loss max
  • No verification required
  • Profits of <5% roll over
  • No challenges

Their Cons

  • Profit share not as high as FTMO

MyForexFunds

MyForexFunds is one of the newer prop firms, as it was established just last year in 2020. This firm provides traders with as much as $50k in instant funds.

And perhaps best of all, there aren’t any challenges. 

New crypto traders will certainly want to pay attention to MyForexFunds. You have the option to take a challenge if you want, but it’s not a requirement.

If you wish to accept the challenge, you could get as much as $200,000 in initial capital. Not only that, but you could get up to 85% of profit sharing.

Even better, there is no max limit on daily drawdown. As such, they provide account types for beginner, experienced, and pro traders.

This ensures that they meet the needs of each type of foreign exchange trader.

MyForexFunds’ Programs

TypeFunding AmountOne Time FeeProfit Split
Accelerated Scaling$324,000$9950%
Accelerated Scaling$405,000$24550%
Accelerated Scaling$540,000$48550%
Accelerated Scaling$1,080,000$97050%
Accelerated Scaling$1,350,000$2,45050%

Their Pros

  • Straight real funds (Accelerated program)
  • No time limit for profit target
  • Overall 5% of the account
  • No evaluation required
  • No daily drawdown

Their Cons

  • Lower split offered

The5%ers

The5%ers is one of the most respected prop companies in the world, and rightfully so. The firm has an excellent reputation among traders.

While it isn’t the highest offered, The5%ers offers a 50% profit share and as much as $1,280,000 in funds.

Those who are familiar with firms like FTMO will undoubtedly notice a difference in split profits, but don’t let that deter you.

The firm will double your account funds at every milestone that you hit. Moreover, The5%ers comes with very realistic trading requirements.

You have 180 days to pass the initial challenge, so you don’t have to feel pressured right out of the gate.

Due to the long duration and the ability to trade on weekends, this is a great choice for day traders and swing traders needing to get some funds.

If you’re new to the world of crypto and trading and want a solid platform that works, The5%ers will serve you well.

The5%ers’ Programs

TypeFunding AmountOne Time FeeProfit Split
Low Risk$24,000$26550%
Low Risk$40,000$43450%
Low Risk$80,000$84050%
Aggressive$24,000$26550%
Aggressive$40,000$43450%
Aggressive$80,000$84050%

Their Pros

  • Trade using your tools, indicators and EA
  • Ideal for potential aggressive growth
  • Hold position overnight or weekend
  • Evaluations for live trading
  • Trade during news events
  • No limits

Their Cons

  • 50% split could be better

Lux Trading Firm

This established firm is a trusted prop company that provides initial funds totaling as much as $150,000 and a profit share of 65%. This is a decent starting point for new crypto traders who might not yet be familiar or comfortable with trading.

There aren’t a lot of strict rules like with some other firms, so it’s definitely one to check out if you’re looking for an easy experience.

In addition to the initial capital, there isn’t a limit to reach the profit target. What’s more, there are weekend holdings allowed.

There is even an option that provides an amazing expansion plan of up to $2.5 million.

This makes it an ideal financing opportunity for swing traders and those interested in trading crypto.

It’s certainly worth a look if you’re new to the game and don’t want a lot of rules and restrictions. That said, you can use your own EAs, but you’ll have to steer clear of third-party options.

Lux Trading Firm’s Programs

TypeFunding AmountOne Time FeeProfit SplitStages
Scaling$5,000£299 ($400)65%7
Scaling$10,000£399 ($533)65%6
Scaling$15,000£499 ($667)65%5

Their Pros

  • No time limit for profit target
  • 4% relative max drawdown
  • EAs allowed (no 3rd party)
  • stage 2 live account 
  • 65% profit share

Their Cons

  • No third-party EAa

City Traders Imperium

CTI is a prop company based out of London that provides as much as $2 million in funding through a super-fast expansion plan. Traders are sure to love this feature.

You can get a 50% profit sharing, 1:100 leverage, instant funding, and you get a full year to pass the assessment. There is no limit to the trading style.

You only need to reach the profit milestone of 10%. If you begin with $70,000 of funds, when you get 60% of the income, CTI will let you trade a $2 million account.

As you can see, there is plenty of potential here. You stand to earn up to $2 million, so it’s definitely worth your time if you want to make the most of your crypto experience.

City Traders Imperium’s Programs

TypeFunding AmountOne Time FeeProfit Split
Scaling$2,500£98 ($131)50%-70%
Scaling$5,000£180 ($240)50%-70%
Scaling$10,000£341 ($456)50%-70%
Scaling$12,500£405 ($541)50%-70%
Scaling$17,500£585 ($782)50%-70%

Their Pros

  • Evaluation time of up to one year
  • Hold overnight/weekend
  • Stop loss required
  • Hedging allowed
  • News trades
  • EAs allowed

Their Cons

  • Limited options

Leave a Comment