Welcome to WhichFunded, your trusted resource for navigating the world of trading prop firms. If you’re a trader searching for prop firms that embrace overnight position holding, you’re in the right place. In this article, we will unveil seven reputable prop firms that offer the flexibility to hold positions overnight, allowing you to leverage longer-term trading opportunities.
For traders who prefer to retain positions beyond regular trading hours, finding prop firms that accommodate overnight holding is crucial. Holding positions overnight can unlock the potential to capitalize on market movements and trends that unfold outside traditional trading sessions.
At WhichFunded, we recognize the significance of finding prop firms that align with your trading strategies and preferences. That’s why we have curated this list of seven prop firms renowned for supporting traders like you, providing the freedom to hold positions overnight without restrictions.
Each of these prop firms has established itself as a leader in the industry, equipping traders with the essential tools, resources, and funding necessary for success. They understand the value of longer-term trading approaches and actively support traders who aim to take advantage of extended market hours.
Join us as we delve into the details of these seven prop firms, exploring their policies, evaluation processes, and the advantages they extend to traders who embrace overnight position holding. Whether you’re an experienced trader seeking to diversify your trading style or a novice looking for a prop firm that caters to your preferred approach, WhichFunded is here to empower you with insights and guidance in making informed decisions.
Stay tuned as we provide valuable information on navigating the world of trading prop firms, helping you find the best funded trading program that suits your needs and propels your trading journey forward.
Rocket21 Challenge
Trust Pilot
4.2/5
Get Funded
7.5% Coupon:”whichfunded”
| MAXIMUM CAPITAL: |
|---|
| $600,000 |
| EVALUATION: |
|---|
| 1-Step, 2-Step |
| TRADABLE ASSETS: |
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| Forex, Crypto, Indices, Commodities |
| PRICE: |
|---|
| From $79 |
| PROFIT SPLIT: |
|---|
| Up to 90% |
| TRADING PLATFORMS: |
|---|
| MT4/MT5 |
KEY FACTS
OVERVIEW
ABOUT THE COMPANY
KEY FACTS
- Rocket 21 offers a unique evaluation system for traders to identify profitable strategies in the real market.
- Traders who successfully complete the evaluation process can receive up to $600,000 in virtual funds.
- The evaluation process consists of two stages: R21 Challenge and Verification, followed by becoming a Rocket Trader.
OVERVIEW
Rocket 21 is a platform that aims to enhance traders’ skills and provide them with opportunities to excel in the financial market. Through their evaluation system, they identify traders with profitable strategies and offer them the chance to operate in a proprietary simulated trading firm. Traders can scale their accounts up to $2,000,000 in virtual funds by demonstrating consistency and adherence to the rules.
ABOUT THE COMPANY
Rocket 21 focuses on creating a community of traders and providing them with a supportive environment to improve their trading skills. They simulate the real market as closely as possible, using real order book quotes from trading platform providers. While successful strategies during the evaluation phases may not always translate to profitability in the Rocket phase, Rocket 21 aims to help traders reach new levels of success in their trading journey.
Pros
- News Trading Allowed
- Refundable Fees
- Mentorship
- Variety of Challenges
Cons
- Copy Trading Not Allowed
- EAs Not Allowed
- Price Delay on MT5
The Funded Trader
Trust Pilot
4.4/5
Get Funded
5% Coupon:”TFTTrader9856477″
| MAXIMUM CAPITAL: |
|---|
| $1,500,000 |
| EVALUATION: |
|---|
| One-Step Evaluation, Two Step Evaluation |
| TRADABLE ASSETS: |
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| Forex, Indices, Metals, Commodities, Crypto |
| PRICE: |
|---|
| From $65 |
| PROFIT SPLIT: |
|---|
| 80%, up to 90% |
| TRADING PLATFORMS: |
|---|
| MT4, MT5 |
KEY FACTS
OVERVIEW
ABOUT THE COMPANY
KEY FACTS
- The Funded Trader program offers trading challenges for aspiring traders.
- Traders can participate in different challenge levels, such as Standard, Royal, Rapid, and Knight’s Challenge.
- The program provides simulated trading accounts and evaluates traders based on their performance.
OVERVIEW
The Funded Trader program allows traders to take on trading challenges to showcase their skills and potentially receive funding. Traders can choose from various challenge levels that offer different benefits and features. The program provides simulated trading accounts where traders can execute trades and demonstrate their abilities. Successful traders can progress through the evaluation process and become funded traders, receiving a virtual profit split based on their performance. The program aims to support and empower traders in building their trading careers.
ABOUT THE COMPANY
The Funded Trader is a platform that aims to help traders develop their trading skills and access funding opportunities. The company offers a structured evaluation process through trading challenges, allowing traders to prove their abilities and potentially receive financial backing. By providing simulated trading accounts and a supportive environment, The Funded Trader strives to assist traders in achieving their trading goals and building successful trading careers.
Pros
- Good scaling
- High leverage
- Merge funded accounts
- No time limits
- News trading allowed
Cons
- Virtual funds & demo account
- EAs not allowed
- Overnight & weekends holding not allowed
The5ers
Trust Pilot
4.8/5
Get Funded
10% Coupon:”Whichfunded”
| MAXIMUM CAPITAL: |
|---|
| $100,000 |
| EVALUATION: |
|---|
| One-Step Evaluation, Two Step Evaluatio |
| TRADABLE ASSETS: |
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| Forex, Metals, Indices |
| PRICE: |
|---|
| From $95 |
| PROFIT SPLIT: |
|---|
| Up to 100% |
| TRADING PLATFORMS: |
|---|
| MetaTrader 5 |
KEY FACTS
OVERVIEW
ABOUT THE COMPANY
KEY FACTS
- Funding programs available: Bootcamp Program, Hyper Growth, High Stakes
- Trading resources provided: Forex Blog, Trading Articles, Traders Interviews, Trading Tools, Trading Room, Videos, and more
- Support and community: Dedicated support via telephone, live chat, email, and access to a community of successful traders
OVERVIEW
The5%ers is a company that offers forex funding and growth programs for traders. They provide various funding programs such as Bootcamp, Hyper Growth, and High Stakes. Traders have access to a range of trading resources including a Forex Blog, Trading Articles, Traders Interviews, Trading Tools, and a Trading Room. The company emphasizes support for traders and offers a community of successful traders to share ideas and feedback.
ABOUT THE COMPANY
The5%ers is a private equity fund that provides funding opportunities and benefits for traders. They aim to offer better funding options for traders by providing frequent payouts and simultaneous growth. The company allows traders to keep their profits and offers exceptional trading conditions, including the allowance of overnight and weekend holding, news trading, and algo trading. They welcome all trading styles and provide a range of resources and support to help traders succeed.
Pros
- Scale up to $4m
- Multiple accounts allowed
- EAs & news trading allowed
- Overnight & weekend position holding
Cons
- Low leverage
- No crypto trading
- 1.5% max stop-loss
True Forex Funds
Trust Pilot
4.6/5
Get Funded
10% Coupon:”Whichfunded”
| MAXIMUM CAPITAL: |
|---|
| $400,000 |
| EVALUATION: |
|---|
| Two Step Evaluation |
| TRADABLE ASSETS: |
|---|
| Forex, Indices, Metals, Commodities, Stocks, Crypto |
| PRICE: |
|---|
| From $89 |
| PROFIT SPLIT: |
|---|
| Up to 80% |
| TRADING PLATFORMS: |
|---|
| MT4, MT5 |
KEY FACTS
OVERVIEW
ABOUT THE COMPANY
KEY FACTS
- Funding Forex Traders platform
- Evaluation program to get funded up to $400,000
- Fast payouts within 24 hours
OVERVIEW
True Forex Funds is a funding platform for forex traders. They offer an evaluation program where traders can showcase their skills and get funded up to $400,000. The platform provides fast payouts, typically within 24 hours, and aims to support traders in their journey towards success.
ABOUT THE COMPANY
True Forex Funds is a proprietary trading firm that was established in 2021 in Hungary, Central Europe. They are focused on creating a supportive community of funded traders and offer a range of benefits such as advanced statistics, account analysis, and access to the trading strategies of successful traders. The company prioritizes smooth and timely payments, favorable trading conditions, and responsive customer service.
Pros
- up to 80% profit split
- Relaxed trading rules
- Multiple trading platforms available
- Comprehensive evaluation process
- Growing opportunities
Cons
- Monthly fee for evaluation
- Restrictive loss limits for some trading styles
FundedNext
Trust Pilot
4.6/5
Get Funded
5% Coupon:”WHICHFN5″
| MAXIMUM CAPITAL: |
|---|
| $4,000,000 |
| EVALUATION: |
|---|
| One-Step Evaluation, Two Step Evaluation |
| TRADABLE ASSETS: |
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| Equity Futures, Forex, Energy, Metals, Interest Rate Futures |
| PRICE: |
|---|
| From $49 |
| PROFIT SPLIT: |
|---|
| 60% Up to 90% |
| TRADING PLATFORMS: |
|---|
| MetaTrader 4 |
KEY FACTS
OVERVIEW
ABOUT THE COMPANY
KEY FACTS
- Funding Promising Traders Worldwide
- 195+ Countries Covered
- $51M+ Total Payout
- 5 hrs Avg. Payout Time
- 51K+ Funded Traders
- 15% Profit Sharing from Challenge Phase
- No Time Limit on Challenge Phase
- Balance Based Drawdown
- Raw Spreads & Lowest Commissions
OVERVIEW
FundedNext is a prop trading firm that offers funding opportunities to promising traders worldwide. They provide traders with the chance to trade up to $300,000 on a FundedNext account and earn up to 95% of the profits. The company stands out by offering unique features such as 15% profit sharing from the challenge phase, no time limits in funding challenges, balance-based drawdown calculations, and raw spreads with lowest commissions.
ABOUT THE COMPANY
FundedNext aims to be the best partner for traders by providing fast access to trading accounts, expert technical support, fastest payouts through various options, reset top-up options, and monthly competitions. They prioritize offering the best prop trading conditions with their trading servers, GrowthNext and Inecenteco, which ensure faster execution, super raw spreads, and the lowest commissions. The company is registered and licensed as an International Business Company (IBC) and operates with the support of GrowthNext & Incenteco trading platforms.
Pros
- 15% profit split from challenge
- Accounts merge allowed
- EAs allowed
- 90% profit split
- Indicators allowed
Cons
- Copy trading is not allowed
- New prop firm
Secure The Bag
Trust Pilot
4.5/5
Get Funded
10% Coupon:”Whichfunded”
| MAXIMUM CAPITAL: |
|---|
| $2,000,000 |
| EVALUATION: |
|---|
| 2-Step |
| TRADABLE ASSETS: |
|---|
| Forex, Crypto, Indices, Commodities |
| PRICE: |
|---|
| From $139 |
| PROFIT SPLIT: |
|---|
| 80% |
| TRADING PLATFORMS: |
|---|
| MT4/MT5 |
KEY FACTS
OVERVIEW
ABOUT THE COMPANY
KEY FACTS
- Secure The Bag offers a funded trading program for traders.
- They provide a two-step evaluation process to assess trading skills.
- Traders can receive up to 96% of virtual profits and trade with simulated capital up to $2M.
OVERVIEW
Secure The Bag is a platform that aims to support traders by offering a funded trading program. They have developed a two-step evaluation process to identify the best trading strategies and provide traders with virtual capital. Traders can secure up to 96% of their virtual profits and potentially trade with up to $2M in simulated capital.
ABOUT THE COMPANY
Secure The Bag is dedicated to revolutionizing the trading industry by providing traders with the tools and opportunities they need to succeed. They offer a unique evaluation program to identify talented traders and reward them with funding and profit splits. With their emphasis on virtual profit splits, fast payouts, and competitive pricing, Secure The Bag aims to create a supportive and profitable trading environment for aspiring traders.
Pros
- News Trading Allowed
- Holding Over Weekend
- Holding Overnight
Cons
- Spread Issues
- Frequent Technical Issues
Traders With Edge
Trust Pilot
4.6/5
Get Funded
15% Coupon:”WHICHFUNDED15″
| MAXIMUM CAPITAL: |
|---|
| $3,000,000 |
| EVALUATION: |
|---|
| 1-Step, 2-Step, Instant |
| TRADABLE ASSETS: |
|---|
| Forex, Indices, Metals, Commodities, Stocks, Crypto |
| PRICE: |
|---|
| From $55 |
| PROFIT SPLIT: |
|---|
| Up to 100% |
| TRADING PLATFORMS: |
|---|
| MT4, MT5 |
KEY FACTS
OVERVIEW
ABOUT THE COMPANY
KEY FACTS
- Trade over 700 assets with funding from Traders With Edge.
- Keep 80% of the profits earned and receive payouts fortnightly.
- Choose from different account types and trading capital options.
OVERVIEW
Traders With Edge is a forex prop trading firm that offers trader funding and support. They provide traders with access to a wide range of assets to trade, including commodities, stocks, digital assets, and indices. Traders can select their preferred account type and trading capital, ranging from $5,000 to $1,000,000. With Traders With Edge, traders can keep 80% of their profits and receive payouts every two weeks.
ABOUT THE COMPANY
Traders With Edge is a prop trading firm that aims to empower traders by providing them with the necessary funding and resources to succeed in the financial markets. They offer customizable challenges, including the Turtle and Hare phases, which allow traders to showcase their skills and progress to higher funding levels. Traders With Edge supports various trading strategies, including the use of expert advisors (EAs) and news trading. They also provide a competitive community and leaderboard for traders to engage and measure their performance.
Pros
- Instant funding
- Wide selection of assets
- $3m scaling plan
- Refundable fees
Cons
- 30 day inactivity
- Not a lot of reviews
- 5% Max daily loss
