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Forex prop firm reviews

14 forex firms, each scored out of 10 with the same formula. Under every firm: the part of the score it does best on, the part that holds it back, and the full breakdown.

Checked on or before 25 October 2026. How the score works

  1. 1

    The5ers review

    United Kingdom, since 2016 (10 years). 2-step, 1-step, 3-step.

    4.7Trustpilot(40,462)8.7 out of 10
    Strongest part
    Track record 10.0
    Weakest part
    Rule flexibility 7.0
    Profit split, up to
    100%
    Cheapest near $100K
    $95 for $100K

    10 years in operation. News, EAs, copy trading, overnight and weekend holding.

    Score breakdown
    Trader reputation 25%
    8.5
    Trustpilot 4.7 from 40,462 reviews.
    Track record 20%
    10.0
    10 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    7.6
    Featured challenge costs less than the forex median per $100K.
    Rule flexibility 12%
    7.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    7.5
    3 trading platforms.

    Read the The5ers reviewThe5ers vs FTMO

  2. 2

    FTMO review

    Czech Republic, since 2015 (11 years). 2-step, 1-step, Instant funding.

    4.8Trustpilot(55,089)8.0 out of 10
    Strongest part
    Track record 10.0
    Weakest part
    Pricing 4.3
    Profit split, up to
    90%
    Cheapest near $100K
    €499 for $100K

    11 years in operation. Featured challenge costs more than the forex median per $100K.

    Score breakdown
    Trader reputation 25%
    9.0
    Trustpilot 4.8 from 55,089 reviews.
    Track record 20%
    10.0
    11 years in operation.
    Payout terms 20%
    7.5
    Profit split up to 90%.
    Pricing 15%
    4.3
    Featured challenge costs more than the forex median per $100K.
    Rule flexibility 12%
    7.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    4 trading platforms.

    Read the FTMO reviewFTMO vs E8 Markets

  3. 3

    E8 Markets review

    United States, since 2021 (5 years). 1-step.

    No Trustpilot profile7.4 out of 10
    Strongest part
    Payout terms 10.0
    Weakest part
    Trader reputation 5.0
    Profit split, up to
    100%
    Cheapest near $100K
    $398 for $100K

    Profit split up to 100%. No Trustpilot profile found, scored as neutral.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    6.3
    5 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    7.7
    Featured challenge costs less than the forex median per $100K.
    Rule flexibility 12%
    8.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    4 trading platforms.

    Read the E8 Markets reviewE8 Markets vs FundedNext

  4. 4

    FundedNext review

    United Arab Emirates, since 2022 (4 years). 2-step, 1-step, Instant funding.

    4.5Trustpilot(82,225)7.4 out of 10
    Strongest part
    Platform choice 10.0
    Weakest part
    Track record 5.0
    Profit split, up to
    95%
    Cheapest near $100K
    $399.99 for $100K

    4 trading platforms. 4 years in operation.

    Score breakdown
    Trader reputation 25%
    7.5
    Trustpilot 4.5 from 82,225 reviews.
    Track record 20%
    5.0
    4 years in operation.
    Payout terms 20%
    8.8
    Profit split up to 95%.
    Pricing 15%
    7.6
    Featured challenge costs less than the forex median per $100K.
    Rule flexibility 12%
    7.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    4 trading platforms.

    Read the FundedNext reviewFundedNext vs FundingPips

  5. 5

    FundingPips review

    United Arab Emirates, since 2022 (4 years). 2-step, 1-step, Instant funding.

    4.5Trustpilot(70,934)6.8 out of 10
    Strongest part
    Payout terms 10.0
    Weakest part
    Pricing 4.8
    Profit split, up to
    100%
    Cheapest near $100K
    $444 for $100K

    Profit split up to 100%. Featured challenge costs more than the forex median per $100K.

    Score breakdown
    Trader reputation 25%
    7.5
    Trustpilot 4.5 from 70,934 reviews.
    Track record 20%
    5.0
    4 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    4.8
    Featured challenge costs more than the forex median per $100K.
    Rule flexibility 12%
    5.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    7.5
    3 trading platforms.

    Read the FundingPips reviewFundingPips vs Blue Guardian

  6. 6

    Blue Guardian review

    United Arab Emirates, since 2021 (5 years). Instant funding, 1-step, 2-step.

    No Trustpilot profile6.6 out of 10
    Strongest part
    Payout terms 10.0
    Weakest part
    Pricing 3.5
    Profit split, up to
    100%
    Cheapest near $100K
    $239 for $100K

    Profit split up to 100%. Featured challenge costs more than the forex median per $100K.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    6.3
    5 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    3.5
    Featured challenge costs more than the forex median per $100K.
    Rule flexibility 12%
    8.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    7.5
    3 trading platforms.

    Read the Blue Guardian reviewBlue Guardian vs FXIFY

  7. 7

    FXIFY review

    United Kingdom, since 2023 (3 years). 1-step, 2-step, 3-step, Instant funding.

    4.3Trustpilot(6,500)6.6 out of 10
    Strongest part
    Payout terms 10.0
    Weakest part
    Track record 3.8
    Profit split, up to
    100%
    Cheapest near $100K
    $399 for $100K

    Profit split up to 100%. 3 years in operation.

    Score breakdown
    Trader reputation 25%
    6.5
    Trustpilot 4.3 from 6,500 reviews.
    Track record 20%
    3.8
    3 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    4.9
    Featured challenge costs more than the forex median per $100K.
    Rule flexibility 12%
    6.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    4 trading platforms.

    Read the FXIFY reviewFXIFY vs AquaFunded

  8. 8

    AquaFunded review

    United Arab Emirates, since 2023 (3 years). Instant funding, 1-step, 2-step.

    No Trustpilot profile6.5 out of 10
    Strongest part
    Payout terms 10.0
    Weakest part
    Track record 3.8
    Profit split, up to
    100%
    Cheapest near $100K
    $279.20 for $100K

    Profit split up to 100%. 3 years in operation.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    3.8
    3 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    4.7
    Featured challenge costs more than the forex median per $100K.
    Rule flexibility 12%
    8.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    4 trading platforms.

    Read the AquaFunded reviewAquaFunded vs BrightFunded

  9. 9

    BrightFunded review

    United Arab Emirates, since 2023 (3 years). 2-step, 1-step.

    No Trustpilot profile6.5 out of 10
    Strongest part
    Payout terms 10.0
    Weakest part
    Track record 3.8
    Profit split, up to
    100%
    Cheapest near $100K
    €477 for $100K

    Profit split up to 100%. 3 years in operation.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    3.8
    3 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    6.2
    Featured challenge costs less than the forex median per $100K.
    Rule flexibility 12%
    8.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    7.5
    3 trading platforms.

    Read the BrightFunded reviewBrightFunded vs Alpha Capital

  10. 10

    Alpha Capital review

    United Kingdom, since 2021 (5 years). 1-step, 2-step, Instant funding.

    No Trustpilot profile6.3 out of 10
    Strongest part
    Platform choice 10.0
    Weakest part
    Trader reputation 5.0
    Profit split, up to
    90%
    Cheapest near $100K
    $397 for $100K

    4 trading platforms. No Trustpilot profile found, scored as neutral.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    6.3
    5 years in operation.
    Payout terms 20%
    7.5
    Profit split up to 90%.
    Pricing 15%
    5.3
    Featured challenge costs less than the forex median per $100K.
    Rule flexibility 12%
    6.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    4 trading platforms.

    Read the Alpha Capital reviewAlpha Capital vs Goat Funded Trader

  11. 11

    Goat Funded Trader review

    Hong Kong, since 2022 (4 years). 1-step, 2-step, Instant funding.

    No Trustpilot profile6.3 out of 10
    Strongest part
    Payout terms 10.0
    Weakest part
    Pricing 3.5
    Profit split, up to
    100%
    Cheapest near $100K
    $478 for $100K

    Profit split up to 100%. Featured challenge costs more than the forex median per $100K.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    5.0
    4 years in operation.
    Payout terms 20%
    10.0
    Profit split up to 100%.
    Pricing 15%
    3.5
    Featured challenge costs more than the forex median per $100K.
    Rule flexibility 12%
    6.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    5 trading platforms.

    Read the Goat Funded Trader reviewGoat Funded Trader vs Hola Prime

  12. 12

    Hola Prime review

    Hong Kong, since 2024 (2 years). 1-step, 2-step, Instant funding.

    4.5Trustpilot(4,064)6.3 out of 10
    Strongest part
    Platform choice 10.0
    Weakest part
    Track record 2.5
    Profit split, up to
    95%
    Cheapest near $100K
    $569 for $100K

    4 trading platforms. 2 years in operation.

    Score breakdown
    Trader reputation 25%
    7.5
    Trustpilot 4.5 from 4,064 reviews.
    Track record 20%
    2.5
    2 years in operation.
    Payout terms 20%
    8.8
    Profit split up to 95%.
    Pricing 15%
    4.5
    Featured challenge costs more than the forex median per $100K.
    Rule flexibility 12%
    6.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    10.0
    4 trading platforms.

    Read the Hola Prime reviewHola Prime vs Maven

  13. 13

    Maven review

    United Arab Emirates, since 2022 (4 years). 1-step, 2-step, 3-step, Instant funding.

    No Trustpilot profile5.9 out of 10
    Strongest part
    Payout terms 7.5
    Weakest part
    Platform choice 5.0
    Profit split, up to
    90%
    Cheapest near $100K
    $299 for $100K

    Profit split up to 90%. 2 trading platforms.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    5.0
    4 years in operation.
    Payout terms 20%
    7.5
    Profit split up to 90%.
    Pricing 15%
    6.9
    Featured challenge costs less than the forex median per $100K.
    Rule flexibility 12%
    6.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    5.0
    2 trading platforms.

    Read the Maven reviewMaven vs FunderPro

  14. 14

    FunderPro review

    Malta, since 2023 (3 years). 1-step, 2-step, Instant funding.

    No Trustpilot profile5.6 out of 10
    Strongest part
    Payout terms 7.5
    Weakest part
    Track record 3.8
    Profit split, up to
    90%
    Cheapest near $100K
    $539 for $100K

    Profit split up to 90%. 3 years in operation.

    Score breakdown
    Trader reputation 25%
    5.0
    No Trustpilot profile found, scored as neutral.
    Track record 20%
    3.8
    3 years in operation.
    Payout terms 20%
    7.5
    Profit split up to 90%.
    Pricing 15%
    5.1
    Featured challenge costs less than the forex median per $100K.
    Rule flexibility 12%
    6.0
    News, EAs, copy trading, overnight and weekend holding.
    Platform choice 8%
    7.5
    3 trading platforms.

    Read the FunderPro reviewFunderPro vs Maven

Frequently asked questions

Which forex prop firm has the best review?

The5ers, with a PropFirmly score of 8.7 out of 10. The average across the 14 forex firms we review is 6.8. A high score is a starting point, not a recommendation: check that the firm's rules suit how you trade.

How are the reviews scored?

Every firm gets the same six-part score out of 10: trader reputation, track record, payout terms, pricing, rule flexibility and platform choice. The weights are fixed and published on our methodology page, and the figures come from each firm’s own terms and its public Trustpilot rating.

Do firms pay for a better review?

No. A firm cannot pay to change its score or its place in this ranking. Some links on the site are affiliate links, and we say so on every page that has them; they never change the data or the order.

How often are the reviews updated?

Each firm is re-checked against its own website, and the date of the last check is on its review. The firms on this page were last checked on or before 25 October 2026. When a firm changes its prices or rules, its score is recalculated at the next build.

Still have a question?

Ask about a firm, a rule or a number that looks wrong. A link to the firm's own page helps us re-check it quickly.

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