Most Transparent Prop Firms (2026)

E8 Markets

Partially verified

99/100

E8 Markets is the highest-rated firm on our whole list (trust 96, 4.8★), a US firm (founded 2021) on MT5, cTrader and TradeLocker with an 80% split and a clean, simple challenge. Code verifier takes 40% off E8 Pro for new users (30% recurring). On drawdown it's less forgiving than it looks: E8 One uses intraday dynamic trailing and E8 Signature uses end-of-day dynamic trailing — both only lock static after you bank the buffer, so there's no static-from-day-one option. From $48. Compare the plans below and confirm the live rules before buying.

The5ers

Partially verified

100/100

The5ers is one of the highest-rated CFD firms on our list (trust 94, 4.7★), funding traders since 2016 (UK) on MT5, cTrader and TradingView. Its headline feature is the drawdown: every program uses a static, equity-based max loss fixed at your starting balance — it never trails. Cheap entry from $19, an 80% split, and code BR3HALTF takes 10% off plus a free second-chance account on phase 1 of the High Stakes accounts. Compare the programs below and confirm the live rules before buying.

FTMO

Partially verified

98/100

FTMO is the reputational benchmark in CFD prop — funding traders since 2015 (Czech Republic) on MT4, MT5, cTrader and DXtrade, with a 90% split and the longest payout track record of anyone here (trust 92, 4.6★). Its 2-Step Challenge uses a static 10% max loss fixed on day one; the newer 1-Step uses a 10% end-of-day trailing drawdown, so pick the 2-Step if you want a fixed line. No discount code, but our link takes 20% off the Standard Challenges. From €79. Compare the plans below and confirm the live rules before buying.

For Traders

Partially verified

91/100

For Traders is a well-rated CFD firm (trust 90, 4.5★, founded 2023, UAE) on MT5, cTrader and TradeLocker, with an 80% split and very cheap entry from $19 (code CS7NOP570V for 50% off, new users). On drawdown it's trailing-only: Standard and Master trail from the highest end-of-day balance, Instant Master trails intraday, and PRO Crypto uses end-of-day trailing — there's no static option. Compare the plans below and confirm the live rules before buying.

My Funded Futures

Partially verified

96/100

My Funded Futures is a Futures prop firm. Compare its account sizes, challenge pricing, drawdown rules and payout terms below, then confirm the latest rules with the firm before buying.

Orion Funded

Partially verified

94/100

Orion Funded is a Dubai-based CFD/Forex/MT5-style prop firm founded in 2023, offering Instant plus 1/2/3-step challenges on MT5 and Match Trader with an 80% profit split and fast bi-weekly payouts (48-hour guarantee). It rates well on Trustpilot (4.6) but is still relatively young with some payout-rule complaints — compare its pricing, drawdown and payout terms below, and confirm the latest rules with the firm before buying.

Alpha Capital

Partially verified

94/100

Alpha Capital (Alpha Capital Group) is a UK CFD firm (founded 2021) on MT5, cTrader, TradeLocker and DXtrade, with an 80% split from $50. Its Alpha Pro, Swing and Three accounts use a static max drawdown; only Alpha One trails (6%, locking at the start once you're up 6%) — so pick Pro/Swing/Three for a fixed line. Code SNIA8 takes 15% off plus a free account of the same size on reaching payout. Trust 88, 4.4★. Compare the plans below and confirm the live rules before buying.

BluSky Trading

Partially verified

94/100

BluSky Trading is one of the more proven futures firms around — a real US company (since 2022) with 4.8★ across 800+ reviews, $10M+ paid out, a 90% split and same-day daily payouts (Mon–Fri before 11 AM ET). It funds traders through an evaluation (min 8 days) into a live brokerage account on Tradovate or Sweet Futures, with account sizes from $25K to $300K. Two things to know: it's billed monthly like Topstep (you pay until you pass, from ~$49 on the Launch plans), and it enforces a strict 30% best-day consistency rule. The Premium accounts trail (end-of-day), but the Static Growth plans give you a fixed drawdown — a rare option in futures. Compare the plans and rules below and confirm the live terms before buying.

FundedNext

Partially verified

94/100

FundedNext is a high-volume CFD firm (founded 2022, UAE) on MT4, MT5 and cTrader, leading with a 95% split. Its Stellar 1-Step, 2-Step and Lite accounts use a static drawdown and carry no consistency rule; only Stellar Instant trails (and drops to an 80% split) — so buy a Stellar plan for a fixed line. Cheap entry from $32.99, with 25% off Stellar accounts up to $50K for new users. Trust 88, 4.4★ off a big review base. (Its futures arm is a separate, EOD-trailing product.) Compare the plans below and confirm the live rules before buying.

AquaFunded

Partially verified

88/100

AquaFunded is a CFD firm (founded 2023, UAE) on MT5, cTrader and TradeLocker, with a 90% split and very cheap entry from $17. Its Two-Step accounts use a static max loss; the One-Step and Instant Funding accounts trail — so pick Two-Step for a fixed line. Code e9m takes 50% off for new customers. Trust 88, 4.4★. Compare the plans below and confirm the live rules before buying.

Blue Guardian

Partially verified

89/100

Blue Guardian is a CFD firm (founded 2021, UAE) on MT5 and TradeLocker, with a 90% split and one of the cheapest entries anywhere (from $10). Its 1/2/3-Step Challenge accounts use a static max loss; only the Instant and Instant Starter accounts trail — so pick a Challenge account for a fixed line. Code VERIFIER stacks 50% off with a 200% refund on $5K–$50K accounts, which softens a failed eval. Trust 88, 4.4★. Compare the plans below and confirm the live rules before buying.