The foreign exchange (Forex) market is a vast and lucrative industry, with trillions of dollars being traded daily. For traders looking to tap into this market without risking their capital, Forex proprietary trading firms in the UK offer funding, technology, and support. But with so many firms out there, how do you know which ones are the best?
In this article, we will unveil the top Forex proprietary trading firms in the UK for 2024. We have gathered information from multiple sources to provide you with an accurate and comprehensive ranking. Whether you’re an experienced trader or just starting, this list will help you make an informed decision and find the firm that suits your needs.
Key Takeaways:
- Discover the best Forex proprietary trading firms in the UK for 2024.
- Find out how these firms offer funding, technology, and support to traders.
- Learn about the unique features, funding options, and profit splits of each firm.
- Understand the importance of carefully evaluating and comparing these prop firms.
- Make an informed decision to maximize your trading potential in the Forex market.
FTMO – Leading Forex Prop Firm in the UK
Established in 2019, FTMO is a globally recognized Forex proprietary trading firm, renowned for its comprehensive funding and support systems. With over $400 million funded to more than 30,000 traders worldwide, FTMO stands as one of the largest and most reputable Forex prop firms in the industry.
Based in Prague, Czech Republic, FTMO extends its services to traders in over 150 countries, providing multilingual support and empowering traders to tap into the potential of the Forex market. The firm offers funding options ranging from $2,000 to $200,000 per account, allowing traders to choose a suitable capital base that aligns with their trading strategies and goals.
One of the key advantages of partnering with FTMO is its trader-friendly profit-sharing model. Traders retain up to 90% of their profits, and the firm takes a fair 80% split, enabling traders to enjoy significant earnings from their successful trades. This profit-sharing structure, combined with FTMO’s emphasis on trader growth, sets the stage for traders to thrive and achieve their financial aspirations.
FTMO offers an extensive range of tradable assets, including major, minor, and exotic currency pairs, as well as commodities such as gold, silver, oil, and indices. This diverse selection allows traders to explore various markets and investment opportunities, leveraging their expertise to maximize profitability.
To support traders in their journey, FTMO provides free advanced trading tools and analytics, empowering traders with valuable insights and resources. Additionally, the firm boasts a responsive support team, ensuring that traders have access to expert guidance and assistance when needed.
In summary, FTMO stands out as a leading Forex prop firm in the UK, offering comprehensive funding options, an attractive profit-sharing model, and a wide range of tradable assets. With its strong reputation and commitment to trader success, FTMO continues to be a top choice for Forex traders seeking to capitalize on the lucrative opportunities of proprietary trading.
| Firm Name | Funding Range | Profit Split | Tradable Assets |
|---|---|---|---|
| FTMO | $2,000 – $200,000 | 80% to Trader, 20% to FTMO | Currencies, Commodities, Indices |
| Funded Trading Plus | £15,000 – £150,000 | 70% to Trader, 30% to Funded Trading Plus | Currencies |
| Apex Trader Funding | £10,000 – £100,000 | 75% to Trader, 25% to Apex Trader Funding | Currencies |
Funded Trading Plus – UK-Based Forex Prop Firm
Funded Trading Plus is a reputable UK-based prop firm that offers Forex traders access to funding ranging from £15,000 to £150,000 per account. With a strong focus on trader development and community, the firm has quickly gained recognition in the industry. Since its launch in 2021, Funded Trading Plus has already funded over £3.7 million to traders worldwide, showcasing its commitment to supporting aspiring traders.
One of the key advantages of partnering with Funded Trading Plus is the wide range of currency pairs available for trading. Traders can access major, minor, and exotic currency pairs, allowing them to diversify their portfolios and capitalize on various market opportunities. With tight spreads starting from 0 pips, Funded Trading Plus ensures that traders can execute trades at competitive prices, enhancing their profit potential.
Traders using Funded Trading Plus benefit from a profit-sharing structure that allows them to keep the first £5,000 of profits. For additional earnings, there is a profit split of 70% to the trader and 30% to Funded Trading Plus. This mutually beneficial arrangement motivates traders to maximize their profitability, while the firm also shares in their success.
Funded Trading Plus goes beyond just funding and profit sharing. The firm offers a dedicated office in London, providing traders with in-person support and networking opportunities. This personalized approach sets Funded Trading Plus apart, as traders can have direct access to experienced professionals who can offer guidance and insights into the Forex market.
To summarize, Funded Trading Plus is a UK-based Forex prop firm that combines funding, diverse trading options, and a supportive community to empower Forex traders. With its focus on trader development, profitable profit-sharing structure, and physical presence in London, Funded Trading Plus distinguishes itself as a leading choice for ambitious traders.
Apex Trader Funding – Streamlined Prop Firm in the UK
Apex Trader Funding is a UK prop firm that provides Forex traders access to accounts ranging from £10,000 to £100,000 in funding. The firm was founded in 2021 and has quickly funded over £3 million to hundreds of traders.
Apex Trader Funding stands out for its streamlined and transparent funding model, which allows traders to trade major, minor, and exotic currency pairs with institutional-grade execution. This enables traders to benefit from fast and efficient trade execution, ensuring they can react quickly to market opportunities.
The profit split with Apex Trader Funding is 75% for the trader and 25% for the firm, providing traders with a higher share of their profits. Unlike some other prop firms, Apex Trader Funding does not charge additional monthly management fees, allowing traders to retain more of their earnings.
As part of their commitment to trader success, Apex Trader Funding offers a range of free trading tools and analytics to help traders optimize their strategies and make informed trading decisions. Additionally, traders have access to an active UK trading community, fostering collaboration, networking, and knowledge-sharing among fellow traders.
Conclusion
Forex proprietary trading firms in the UK play a vital role in the financial industry, offering funding and support to aspiring Forex traders. These firms provide a unique opportunity for traders to access the immense potential of the Forex market without risking their capital.
When it comes to the best forex prop trading firms in the UK for 2024, three names stand out: FTMO, Funded Trading Plus, and Apex Trader Funding. Each firm brings its own set of features, funding options, and profit splits to the table, allowing traders to find the one that aligns best with their individual needs and trading style.
FTMO, a globally recognized brand, leads the pack with its extensive track record and substantial funding capacity. Funded Trading Plus, a UK-based firm, focuses on trader development and community engagement, offering traders a comprehensive support system. Apex Trader Funding, with its streamlined approach and transparent funding model, provides an attractive option for traders looking for simplicity.
Traders looking to embark on their Forex trading journey should carefully evaluate and compare these top proprietary trading companies in the UK. With careful consideration, traders can find a prop firm that offers the right balance of funding, support, and profit-sharing for their trading aspirations.
