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8 Best Crypto Prop Firms

Prop Number One - best crypto prop firms

A crypto prop firm, or proprietary trading firm, is a financial organization that uses its capital to fund traders who execute trading strategies on its behalf. Unlike traditional trading firms that manage client money, these firms allocate their resources to traders and earn income by sharing the profits made during trading activities. The primary feature of such firms lies in their funding model, where traders operate without risking their own capital. Prop firms impose a profit-sharing model, with typical splits such as 70/30 or 80/20 in favor of the trader, depending on the firm and account type. Cryptocurrencies, or “crypto,” are decentralized digital currencies secured by cryptography. In trading, cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and altcoins are financial instruments that traders speculate on by buying and selling them across exchanges. Crypto trading depends on understanding market trends, volatility, and liquidity. Market participants aim to profit from price movements influenced by supply-demand dynamics, macroeconomic news, and advancements in blockchain technology.

The best crypto prop firms for traders combine access to capital, advanced trading platforms, risk management tools, and strategic guidance. A good crypto prop firm supports traders through proprietary tools, multiple account types, and assets such as cryptocurrencies, forex, and indices to expand portfolios. The evaluation of crypto prop firms considers attributes like account scaling potential, funded account challenges, withdrawal reliability, and responsive customer service. Firms that provide these features stand out for their ability to support trading success while sharing risks. Selecting an appropriate crypto prop firm is essential to maximize trading opportunities while minimizing personal financial exposure. Crypto prop firms enable traders to access institutional-level trading capital, increasing potential gains while mitigating individual losses. The choice of a firm affects profit splits, trading platform compatibility, and the type of assets available for trading. Selecting wisely ensures access to better trading conditions and growth opportunities in competitive financial markets.

The following list represents the best-rated crypto prop trading firms designed for both experienced and beginner traders:

  1. Prop number one: Offers 100% profit share for initial trades, user-friendly account scaling options, and supports trading via MetaTrader 4 (MT4) and MetaTrader 5 (MT5).  
  2. FTMO: Known for its rigorous evaluation process, FTMO provides significant funding options and supports scalable trading accounts with a focus on risk management.  
  3. FundedNext: Provides competitive profit splits and includes educational resources to improve traders’ skills in cryptocurrency markets.  
  4. City Traders Imperium: Allows access to multiple assets with comprehensive funded trading programs.  
  5. The Trading Pit: Features a collaborative environment for community-based trading with opportunities for increasing trading capital.

Subsequent sections provide detailed information about individual firms and evaluate why they rank as the best platforms for cryptocurrency trading.

1. Prop Number One  

Prop number one

Prop Number One is a proprietary trading firm enabling traders to access funded capital across multiple financial markets, emphasizing transparency and profitability. Prop Number One operates globally with offices in New York, Singapore, Dubai, and London. These locations provide accessibility for traders in major financial hubs and comply with local financial regulations.  

Traders at Prop Number One can engage in a wide range of markets, including cryptocurrencies such as Bitcoin and Ethereum, forex currency pairs, equity stocks, indices like Nasdaq and S&P 500, commodities such as crude oil and gold, and stock futures. Prop Number One employs a 100% profit-share model, allowing traders to retain all profits generated from their trading activities. Furthermore, traders who consistently achieve profitability exceeding 3% for two consecutive months qualify for monthly salaries, offering additional financial stability.  

Prop Number One provides trading accounts through a rigorous two-phase evaluation process:  

  1. Phase 1: requires traders to achieve a profit target of 5% with no minimum trading days, adhering to stringent risk management guidelines to assess capability and discipline.  
  2. Phase 2: mandates traders to meet an 8% profit target across at least three profitable trading days, further emphasizing consistency and skill.  

Evaluation accounts range in size between $7,000 and $300,000 in virtual capital. Upon successful completion of both phases, traders receive a refund of their initial fees alongside their first profit withdrawal. Prop Number One offers advanced trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, DxTrade, and MatchTrader. The platforms support expert advisors, algorithmic trading, and copy trading functionalities, improving traders’ technical capacities and decision-making.  

Prop Number One includes comprehensive training resources, risk management mentorship, and access to educational guides designed to improve trader proficiency and manage portfolio risks effectively.  

2.FTMO 

FTMO is a proprietary trading firm based in the Czech Republic that funds talented traders, including those trading cryptocurrencies, after evaluating their trading capabilities. FTMO provides access to trading capital for candidates who pass its structured assessment program.

FTMO operates a two-step evaluation process—a Challenge and a Verification phase—that determines a candidate’s ability to manage capital while adhering to risk management principles. Once traders succeed, they receive accounts with capital allocations ranging from $10,000 to $200,000, with the possibility to scale up based on performance metrics. FTMO supports multi-asset trading, including cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Other tradable assets include forex, indices, commodities, and stocks. FTMO accounts are accessible on trading platforms like MT4 and MT5, offering advanced analytical tools and compatibility for expert advisors.

FTMO offers traders a profit split of up to 90%, depending on account type and trading performance. Qualified traders can participate in the Scaling Plan, which allows for a 25% increase in their allocated capital every four months, provided profitability benchmarks are met. FTMO’s Challenge governs the trader’s consistency by setting profit targets (e.g., 10% in the Challenge phase and 5% in Verification) and enforcing daily and overall drawdown limits. Traders must adhere to strict rules, such as maintaining required discipline in position sizes and avoiding prohibited strategies, which aim to ensure responsible capital utilization.

FTMO equips traders with a comprehensive suite of resources, including risk management tools, performance analytics, and trading metrics dashboards. Traders gain access to webinars, guides, and real-time support to reinforce their strategies and enhance long-term success.

 FTMO remains an industry leader for cryptocurrency proprietary trading due to its structured approach, high profit split, and resource-rich platform designed to support the success of traders globally.

3.FundedNext

FundedNext is a proprietary firm providing traders access to capital upon successful evaluation. It supports cryptocurrency, forex, commodities, and indices trading through platforms like MetaTrader 4 and MetaTrader 5.  

FundedNext’s profit-sharing model is highly competitive, allowing traders to earn 80%-90% of profits. The model scales based on trader performance, enabling access to larger capital allocations upon demonstrating consistency and discipline.  

Account options at FundedNext include various sizes designed for different trading needs. The evaluation process involves a structured challenge where traders must meet specific performance metrics without breaching risk management rules. Notably, it imposes no time limits on funded accounts, a distinctive feature supporting scalable growth.  

Risk management policies are stringent, requiring adherence to predetermined stop-loss levels and drawdown limits. While trading strategies are flexible, rule violations can lead to account disqualification, emphasizing disciplined trading practices.  

FundedNext supports advanced tools, algorithmic trading, and mentorship resources. These features promote skill improvement and market comprehension, providing an advantage in volatile crypto and forex markets. Overall, FundedNext excels in balancing access to capital, flexibility, and trader support systems.

4.City Traders Imperium

City Traders Imperium is a proprietary trading firm focused on providing funding, resources, and technological tools for global traders to trade financial instruments, including cryptocurrencies such as Bitcoin and Ethereum. The firm’s operational model involves traders accessing firm capital for trading and earning profits on a revenue-sharing basis.

City Traders Imperium offers funding in tiers aligned with trading skills and experience levels, with starting account sizes varying significantly. Traders must successfully pass an evaluation process known as a trading challenge to demonstrate their proficiency and risk management capabilities. This challenge assesses a trader’s ability to meet specific profit targets while adhering to drawdown limits, ensuring only disciplined traders gain funding access. City Traders Imperium supports multiple trading platforms, likely including MetaTrader 4 and 5 (MT4/MT5), facilitating seamless execution of trades across markets. Assets tradable extend beyond cryptocurrencies to include forex pairs, commodities, and indices, catering to a wide range of trading strategies.

City Traders Imperium operates a profit-sharing model, generally providing profit splits ranging between 50% and 80%, with potential for higher percentages contingent on trader performance and scale of funding. Traders retain a significant share while benefiting from utilizing the firm’s capital and risk assumption. The advantages of City Traders Imperium include access to substantial trading capital without the personal risk of losing one’s funds, availability of advanced trading tools, and continuous educational support through mentorship and courses. The firm offers programs designed to improve skills in market analysis, technical trading, and risk management.

The primary challenges of City Traders Imperium involve a rigorous evaluation process that tests trading discipline and consistency. Traders failing to meet predefined profit targets or exceeding drawdown limits may not qualify for funded accounts. The profit-sharing arrangement, while beneficial, requires traders to forgo a portion of earnings to the firm. Performance pressure can also be high, given the need to maintain consistency to avoid losing funding. City Traders Imperium provides a structured pathway for traders to scale their trading careers by mitigating the personal financial risks associated with trading, making it a significant contender among cryptocurrency-focused proprietary trading firms.

5. The Trading Pit

The Trading Pit is a cryptocurrency proprietary trading firm that specializes in enabling traders to utilize firm-owned capital to execute cryptocurrency trades. It facilitates access to a professional environment where traders can improve their skills and profitability. The Trading Pit operates by employing proprietary capital for market making, arbitrage, and quantitative trading strategies. Market making ensures liquidity by placing buy and sell orders to capture spreads. Arbitrage leverages price discrepancies across exchanges, while quantitative trading uses algorithmic models and data analysis for high-frequency execution.

The Trading Pit likely offers multiple account tiers with varying challenge phases, typically involving evaluation and verification. It provides competitive profit-sharing arrangements, potentially reaching up to 90%, motivating skilled traders to excel under structured conditions. The Trading Pit enforces strict risk management rules, including daily loss limits, maximum drawdown thresholds, and consistent position sizing. These policies ensure financial stability for the firm and its traders. Minimum trading day requirements promote disciplined trading over short-term speculative behaviors. The Trading Pit supports leading trading platforms, potentially including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary platforms. These tools ensure seamless trade execution and advanced analytics for position management and strategy evaluation.

The Trading Pit provides traders with access to training programs, analytics software, and trading education centered on cryptocurrency markets. These programs accelerate a trader’s professional development through enhanced technical and fundamental analysis skills. The Trading Pit offers several advantages, including access to significant trading capital, structured risk mitigation, and a merit-based profit-sharing system. Its trading infrastructure ensures efficient execution, while its educational resources support ongoing learning. Traders at The Trading Pit face challenges such as managing high leverage amid volatile cryptocurrency markets. Failure to comply with strict trading rules can result in disqualification, emphasizing the need for discipline and expertise.

6.MyFundedFutures 

MyFundedFutures is a proprietary trading firm designed to fund traders who exhibit consistent profitability and risk management skills. This firm provides access to capital for trading various financial assets, including cryptocurrencies, without traders risking their own money.  

MyFundedFutures operates through an evaluation model designed to assess the skills of traders in a controlled environment. Traders are required to complete challenges structured as simulated accounts where profitability and adherence to risk rules are monitored. Upon successful completion, traders are allocated real capital to trade. Profit-sharing arrangements ensure traders receive a specific percentage, typically ranging from 70% to 90%, of the returns. Risk parameters, including daily loss limits and maximum drawdowns, are implemented across all accounts to maintain discipline and sustainability.

Key Features of MyFundedFutures are the following: 

  • Capital Allocation: MyFundedFutures offers trading accounts starting with significant capital allocations, enabling access to larger market positions.  
  • Evaluation Program: Traders must prove consistent profitability under predefined rules in the firm’s structured challenge.  
  • Profit-Sharing Terms: Profit share for traders ranges between 75% and 90%, depending on the account type and performance tier.  
  • Supported Markets: MyFundedFutures supports cryptocurrency trading, including major assets like Bitcoin (BTC), Ethereum (ETH), and Altcoins.  
  • Flexibility: The firm allows multiple trading strategies and periods, accommodating scalpers, swing traders, and intraday traders.  

Traders at MyFundedFutures can select accounts based on specific starting capital amounts, typically ranging from $25,000 to $200,000. These accounts come with varying evaluation criteria, such as monthly profit targets of 8%-10%, daily loss limits of 5%, and total drawdowns capped at 10%. Challenges include preset phases where traders must meet financial and risk thresholds to qualify for funded accounts. Non-compliance with foundational risk guidelines results in disqualification or reset of the evaluation phase.  

MyFundedFutures is an advanced option for cryptocurrency traders seeking external funding and high-profit-sharing opportunities. However, its structured evaluations and strict adherence to risk rules make it suitable for disciplined and experienced traders. For traders capable of meeting the firm’s criteria, MyFundedFutures provides a scalable trading solution to improve both skill and profit potential.

7.FXIFY

FXIFY is a proprietary crypto trading firm that offers traders access to funded accounts for cryptocurrency trading. FXIFY provides a performance-based funding model where traders are evaluated through challenges or assessments before gaining access to proprietary trading capital. FXIFY aims to democratize access to trading capital for individual traders while ensuring disciplined trading practices. FXIFY operates using a structured evaluation process. Traders must complete predefined trading challenges to demonstrate their skills, risk management strategies, and profitability consistency. Challenges include achieving specific profit targets, adhering to daily loss limits, and maintaining drawdown thresholds over a set evaluation period. Upon successful completion, traders are granted access to funded live accounts, offering real capital for cryptocurrency trading. FXIFY is primarily geared towards traders who can showcase a high degree of discipline and competence in volatile markets.

FXIFY supports modern trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensuring compatibility for both beginner and experienced traders. These platforms enable efficient trading through advanced charting tools, technical indicators, and algorithmic trading capabilities. FXIFY allows trading in multiple asset classes, including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Additional assets offered may include forex, indices, and commodities, thereby broadening traders’ opportunities for portfolio allocation. FXIFY offers various account types contingent on the evaluation challenge completed. Account sizes typically range from $10,000 to $200,000 in trading capital, allowing traders to select account sizes suited to their expertise and risk tolerance. FXIFY uses a profit-sharing model, wherein traders retain up to 80% of the net profits generated on funded accounts, with the firm keeping the remaining percentage. This model incentivizes successful and disciplined trading while rewarding consistent performance.

FXIFY enforces strict risk management guidelines, including daily loss limits and maximum drawdown limits, to ensure sustainable trading practices. The firm equips traders with high-performance tools such as risk calculators, position size calculators, and economic calendars to optimize their performance in fast-changing markets. FXIFY’s trading environment promotes responsible trading behaviors by incorporating automated monitoring systems to track compliance with risk management protocols. FXIFY requires traders to pay evaluation fees to participate in challenges. Fees are determined by the initial funding size requested and the projected difficulty of the trading challenge. While specific pricing may vary, evaluation fees range between $150 and $1,000 depending on the account size. Once funded, traders incur no additional platform or subscription costs, ensuring that profitability is purely based on the trader’s performance.

FXIFY provides several advantages for crypto traders. These include access to significant trading capital, flexible account sizes, low barriers to entry, and the opportunity to retain high profit shares. FXIFY’s emphasis on using proven trading platforms like MT4 and MT5 ensures that traders utilize reliable tools with extensive community support. For skilled traders, FXIFY delivers a scalable earning opportunity without risking personal funds. FXIFY’s disadvantages revolve around its rigorous evaluation process and strict adherence to risk limits. Traders unable to meet the firm’s drawdown and risk constraints may face disqualification from funded accounts. The upfront evaluation fees represent a financial commitment, which could be a barrier for traders lacking initial capital. Additionally, the volatile nature of cryptocurrencies may pose challenges for less experienced individuals. FXIFY is suitable for crypto traders seeking funding opportunities based on skill and discipline. While the firm’s evaluation processes and fees demand commitment, the potential for accessing large trading accounts with competitive profit-sharing terms makes it a compelling choice for experienced traders. Aspiring traders must weigh these benefits against the challenges of market volatility and strict performance standards.

8.The5ers

The5ers is a proprietary trading firm that provides capital to traders for crypto and forex markets, enabling high-stake trading opportunities funded by its own resources. The firm’s model allows traders to leverage institutional capital while adhering to strict performance evaluation systems. The5ers operates globally, eliminating geographical restrictions to recruit traders. It leverages advanced remote trading technologies to support a worldwide network of participants, ensuring accessibility from any region.

The5ers supports trading across multiple cryptocurrencies, including Bitcoin, Ethereum, and other major altcoins. Additionally, the platform extends its offer to include forex pairs, providing market opportunities for traders interested in multiple trading markets. The5ers employs a profit-sharing structure where traders retain 50% to 80% of the trading profits, depending on account size and performance. This model incentivizes disciplined trading by allowing traders to benefit substantially from their market activity.

The5ers offers varied account types suited for traders’ skill levels. A common entry criterion involves passing an evaluation challenge, which tests strategy consistency, risk management, and profitability across a set number of trades or days. Challenge costs can depend on the selected account scale. By investing in infrastructure and capital for traders, The5ers creates an environment for ambitious professionals to maximize trading opportunities under shared risk and reward. Their focus on skills development, combined with performance scalability, cements their position as a compelling choice among crypto and forex prop trading firms.

How to choose a prop firm for Crypto trading

Choosing a prop firm for crypto trading involves evaluating multiple parameters to ensure compatibility with trading strategies and individual goals. Traders must focus on the following factors to choose an optimal crypto proprietary firm:

  • Reputation and Track Record:Crypto prop firm selection begins with assessing the firm’s reputation. Traders should verify the company’s operational history, trader testimonials, and online reviews.  
  • Profit-Sharing Model: Trading crypto at a prop firm requires consideration of profit-sharing terms. Most firms offer profit-sharing ratios ranging from 70%-100%. A standout option like Prop number one offers a 100% profit share, ensuring traders retain all profit while trading firm capital. Profit-sharing policies should align with the trader’s profitability expectations.  
  • Provided Capital Allocation: High initial capital improves trading opportunities, especially in volatile crypto markets. Prop firms like Prop number one allocate up to $300,000 in trading capital, increasing the potential for substantial returns. Adequate capital allocation ensures traders can implement advanced strategies without financial constraints.  
  • Platform and Technology Support: Advanced platforms are essential for efficient crypto trading. A crypto prop firm should support strong software such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. Platforms that conduct real-time analysis with low latency provide traders a technological advantage in executing strategies. Comprehensive backtesting and risk analytics also improve decision-making effectiveness.  
  • Range of Digital Assets: Asset variety is essential in a crypto prop firm. Ensure the firm supports major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and stablecoins alongside decentralized finance (DeFi) assets. Firms offering derivative markets, including perpetual swaps or futures, significantly expand market participation for crypto traders.  
  • Evaluation Processes and Challenges: Prop firms typically require traders to complete standardized challenges to demonstrate their skills. Traders should examine evaluation stages, profit requirements, and drawdown limits. Transparent evaluation criteria ensure fair access to trading capital. For example, Propnumberone.com uses a simplified verification process, allowing skilled traders to onboard quickly.  
  • Cost Structure and Fees: The fee structure has a direct impact on trading profitability. Firms may charge entry fees, evaluation fees, or recurring subscription fees. Cost-effective platforms with high capital-potential ratios are preferred. For example, Propnumberone.com demonstrates affordability by combining competitive fees with high capital access.  
  • Customer Support and Educational Resources: A reliable firm provides continuous technical support and educational resources. Onboarding mentorship, webinars, and advanced training systems ensure new traders and experienced traders optimize performance. Ensure the prop firm offers timely customer resolution channels for trading-related queries.  
  • Risk Management Policies: Risk policies should be transparent and fair. Traders should evaluate daily drawdown allowances, weekly loss limits, and leverage policies. High leverage options up to 1:100 can optimize capital use but must be balanced with professional risk mitigation techniques provided by the firm.  

A crypto trader must analyze these parameters collectively while selecting a prop firm. Thorough research and alignment with trading priorities ensure traders maximize their opportunities in crypto markets.

What Factors should traders consider when choosing a Prop Firm for Crypto trading?

Factors traders should consider when choosing a prop firm for crypto trading include the firm’s profit-sharing models, capital provisions, evaluation criteria, and trading conditions. 

A list of all factors to consider when choosing a crypto prop firm is listed below: 

  • Profit-Sharing Model:A crypto prop firm’s profit-sharing rate determines how much percentage of the profit the trader retains. Some firms offer up to 90% profit share, while others vary between 70% and 80%. Assess firms like FTMO, FundedNext, and The Trading Pit for competitive sharing rates.  
  • Initial Capital Provision: Many crypto prop firms allocate capital to traders ranging from $20,000 to over $200,000, contingent on completing evaluations successfully. Evaluation and Challenges: Most firms require traders to pass structured challenges or verification programs. Examples include time-limited challenges with objectives like reaching 10% target profit without exceeding a 5% daily drawdown. Such models test proficiency in risk and money management.
  • Trading Conditions: Elements like margin, platform accessibility, and instrument flexibility are critical. Some firms offer margin between 1:10 and 1:100, allowing traders to manage position sizes effectively. Platforms compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5) provide seamless and versatile access to crypto asset trading.
  • Risk Management Policies: Crypto prop firms outline clear risk parameters, such as maximum daily loss, overall drawdown limits, and profit targets. For instance, policies typically stipulate that total drawdowns should not exceed 10% of the assigned capital, safeguarding both traders and firms.
  • Asset Coverage: Leading firms allow trading across major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and altcoins. Firm-specific offerings might extend to 30+ crypto pairs, allowing strategic diversification based on liquidity levels and volatility parameters.
  • Cost of Entry: Joining a crypto prop firm typically incurs an upfront fee depending on the account size or profit structure. Fees range from $150 to $500, with higher-tier accounts incurring greater initial costs. For example, Propnumberone.com charges $250 for its base evaluation account.  
  • Firm Transparency and Reputation: Detailed contracts, regulatory adherence, and trader testimonials should be scrutinized. Platforms like City Traders Imperium emphasize clear rules and efficient client support.

By evaluating these factors, crypto traders can make informed decisions about joining a firm that aligns with their performance goals, risk tolerance, and trading methodology.

Is Crypto prop trading legal?

Yes, Crypto prop trading is generally legal, provided the activities comply with local regulations. Legal frameworks governing crypto prop trading emphasize regulatory compliance, enforcing adherence to financial laws, and monitoring cryptocurrency exchanges. Compliance requires observance of Anti-Money Laundering (AML) and Know Your Customer (KYC) mandates, essential for establishing lawful operations and preventing illicit activities such as fraud or money laundering.

Traders engaging in crypto prop trading should verify whether a firm complies with local legal standards. Legal documentation, such as regulatory certifications and licensing details, ensures the firm abides by relevant laws. Firms operating outside regulatory frameworks expose traders to potential financial and legal risks, including the loss of funds or penalties.

What are the characteristics of a crypto prop firm? 

Crypto prop firms, or cryptocurrency proprietary trading firms, are specialized financial entities that provide traders with access to trading capital, tools, and an environment to maximize trading performance. 

Their main characteristics include evaluation processes, profit-sharing models, risk management, trading platforms, asset selection, and trader support systems.

Listed below you can find the definition of the main characteristics of a crypto prop firm:

  • Evaluation process:The evaluation process is a fundamental feature where traders must demonstrate their skills through performance-based tests. These tests include simulated trading challenges or specific profit targets to ensure the trader’s competency and ability to manage risk.
  • Risk management rules: Crypto prop firms employ strict risk management rules, including daily loss limits, maximum drawdown thresholds, and predefined trading parameters to preserve the firm’s capital. Traders must adhere to these rules while utilizing the firm’s capital resources.
  • Profit-sharing: Profit-sharing arrangements allow traders to retain a significant proportion of the profits earned, typically ranging from 70% to 95%,and in some cases such as Prop number one 100%, depending on the trading firm and trader performance. The model incentivizes traders to execute successful strategies aligned with the firm’s interests.
  • Trading platforms: Trading platforms provided by crypto prop firms include advanced tools such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms support algorithmic trading, real-time market analysis, and access to cryptocurrency exchanges.
  • Asset selection: Asset selection is generally limited to highly liquid cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Firms avoid less-liquid and high-risk assets, including most meme coins and NFTs, to maintain controlled market exposure.

The most important characteristic for traders to consider is the evaluation process, as this determines access to capital and conditions for long-term trading success. Understanding firm-specific evaluation criteria, rules, and expectations is essential for a trader to thrive in a crypto prop firm environment.

What assets can you trade on a Crypto prop firm?

Crypto prop firms allow traders to trade a wide range of cryptocurrency-based assets designed for speculation and diversification. The main assets available for trading in most crypto prop firms include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These assets are characterized by high liquidity and substantial trading volume, making them fundamental components of the crypto market. 

Crypto prop firms provide access to altcoins, which typically comprise 10-20 top-ranking assets based on market capitalization, including Solana (SOL), Cardano (ADA), and Polkadot (DOT). Crypto derivatives are another trading option available on most platforms. These include perpetual futures contracts, which allow continuous trading without an expiry date, crypto options, and margin trading pairs, offering leverage that typically ranges from 1:2 to 1:10, depending on the firm’s risk policies. Trading pairs offered by these firms include USDT (Tether) pairs, Bitcoin (BTC) pairs, and USD stablecoin pairs, enabling traders to engage in both volatile and stable positions. The trading features include contracts for differences (CFDs), which enable speculation on price movements without owning the underlying asset. Firms continually update their asset list to reflect emerging crypto trends, ensuring an adaptable trading ecosystem. Assets offered by crypto prop firms cover major cryptocurrencies, top altcoins, and derivatives such as perpetual futures, options, and CFDs across multiple trading pairs. The flexibility in asset selection aligns with both long-term investment strategies and short-term speculative trading.

What are the cheapest prop trading firms for Crypto trading? 

The cheapest prop trading firms for crypto trading are defined by the lowest evaluation or challenge fees required to access funded accounts while maintaining favorable profit-sharing structures and trading conditions. Cost considerations in this context include initial fees, refundable deposit policies, and affordability relative to account size and trader benefits.

Prop number one is considered the top choice for cost-effective crypto trading among prop firms. The minimum evaluation fee at Prop number one starts at $47, making it one of the most affordable options for traders seeking funded accounts. 

What are the best Crypto prop firms for beginners?

The best Crypto prop firms for beginners are those that prioritize accessibility, education, and a low-entry barrier while offering comprehensive support. Prop number one is the leading choice prop firm for beginner traders due to a structured evaluation process and extensive tools for new investors. Another alternative is FTMO. 

What are the best Crypto prop firms with mt5? 

The best Crypto prop firms with MT5 include Prop number one, FTMO, MyFundedFX, BrightFunded, PropFunds, and HyroTrader. These firms provide support for MT5 via partnerships with brokers or direct platform integration. MT5, or MetaTrader 5, is a multi-asset trading platform developed by MetaQuotes. MetaTrader 5 provides advanced trading tools, technical analysis features, and automated trading systems through Expert Advisors (EAs). 

MT5 supports multiple asset types, including cryptocurrencies, forex, stocks, and commodities, making it a versatile platform for professional traders. Compared to its predecessor, MT4, MT5 offers enhanced order execution types, additional timeframes, and an integrated economic calendar. The platform is highly preferred by traders due to its depth of market analysis, multi-currency testing environment, and ability to manage multiple trade accounts seamlessly. 

When selecting a Crypto prop firm offering MT5, traders must evaluate platform compatibility, account funding structures, available crypto instruments, and profit-sharing ratios. Comparing MT5-specific features, such as its multi-asset functionality and automated trading capabilities, ensures alignment with trader objectives. Performing due diligence regarding onboarding fees, evaluation processes, and leverage rules is also critical.

What are the best Crypto prop firms with mt4? 

The best Crypto prop firms with MT4 include Prop number one, FTMO, The trading Pit. MetaTrader 4 (MT4) is an online trading platform developed by MetaQuotes Software, widely recognized for its capabilities in trading forex, contracts for difference (CFDs), and cryptocurrencies. MT4 is characterized by its user-friendly interface, advanced charting tools, and algorithmic trading support via its Expert Advisors (EAs). Traders utilize MT4’s technical indicators and customizable templates to execute trades with high precision across various financial assets.

What are the best Crypto prop firms with ninjatrader? 

The best crypto prop firms with NinjaTrader compatibility are limited as most firms prioritize platforms like MT4, MT5, or proprietary alternatives for crypto trading. However, some firms provide general support for NinjaTrader, making them an option for traders emphasizing strategy development and live trading features. One of the best crypto trading prop firm that support NinjaTrader is Prop number one. 

NinjaTrader is a professional trading platform highly regarded for its advanced charting, strategy backtesting, and automated trading capabilities. The platform is widely used across futures, forex, stocks, and cryptocurrency markets. Its distinct features include a customizable interface, a comprehensive library of indicators, and tools for executing algorithmic trading strategies, making it particularly appealing to technically proficient traders.

What are the advantages of joining a Crypto prop firm for a trader? 

Joining a Crypto prop firm offers numerous benefits for traders, enabling access to resources, knowledge, and financial support essential for scaling trading activities. These advantages are especially appealing to traders seeking to expand opportunities in cryptocurrency markets without deploying significant personal capital.

The main Advantages of Joining a Crypto Prop Firm are listed below:

  • Access to Substantial Trading Capital: A Crypto prop firm provides traders with large pools of capital to trade, eliminating the need to rely solely on personal funds. This access permits greater position sizing, which can amplify potential profits significantly. For instance, a prop firm may allocate capital ranging from $20,000 to $200,000 or more, depending on the trader’s performance.
  • Profit Sharing on High Proportions: Crypto prop firms generally operate on profit-sharing models where traders retain a sizable percentage of the profits earned. Profit shares range from 70% to 90%, and premier firms may even provide up to 95%. This structure incentivizes traders to achieve consistent performance without excessive financial risks.
  • Provision of Advanced Technological Tools: Top-tier Crypto prop firms supply traders with cutting-edge trading technology, platforms, and analytical tools like algorithmic strategies, market scanners, and low-latency data feeds. These resources empower traders to execute high-frequency trades or arbitrage strategies effectively, minimizing latency issues prevalent in retail setups.
  • Risk Management Support: Crypto prop firms implement strong risk management systems, enforcing strict drawdown limits and predefined loss parameters. These measures protect both traders and firms from severe capital depletion, creating a structured environment where traders can focus on disciplined execution.
  • Specialized Training and Mentorship: Crypto prop firms provide comprehensive training programs. These initiatives include mentorships from seasoned professionals, real-world trade simulation exercises, and education on sophisticated strategies, including market-making and quantitative trading.
  • Opportunity for Global Market Access: Prop firms enable traders to engage in an extensive range of cryptocurrency markets, including Bitcoin (BTC), Ethereum (ETH), and altcoins across platforms like Binance, Kraken, or Coinbase Pro. They also facilitate access to derivative products such as futures and options, expanding trading opportunities.
  • Shared Risk Framework: Crypto prop firms provide shared-risk benefits by offering firm-funded capital, significantly lowering personal financial liability for trades. Even in adverse market conditions, traders do not face direct financial losses beyond their agreed initial fees or account assessments.
  • Structured Performance Evaluation: Structured evaluations in Crypto prop firms allow traders to identify strengths and refine trading approaches. Monthly or quarterly profit-and-loss (P&L) reviews facilitate sustained professional growth aligned with achieving firm performance benchmarks.
  • Scalability for Traders’ Growth: Traders demonstrating solid profitability and discipline can unlock higher funding tiers or proprietary incentives within the firm. This scalability model ensures growing capital allocations matching traders’ strategic evolution.
  • Freedom to Focus on Strategy Development: Crypto prop firms take the administrative burdens off traders, including monitoring regulatory compliance, tax filing, and exchange integration. This independence allows traders to channel efforts solely into improving trade strategies and execution precision.

By leveraging these advantages, traders can achieve a balance between scaling profitability, mitigating risks, and expanding cryptocurrency financial markets knowledge.

What are the disadvantages of joining a Crypto prop firm for a trader? 

The disadvantages of joining a Crypto prop firm for a trader include specific challenges and risks tied to the operational structure, financial obligations, and trading conditions imposed by the firm. These disadvantages highlight critical considerations every trader must evaluate before committing to such firms.

  • Evaluation Fees and Upfront Costs: Crypto prop firms require traders to pay evaluation fees, which can be significant. For instance, some firms charge fees ranging from $100 to $300 to enter challenges or verification processes. Failure in the evaluation process results in the loss of these upfront investments.
  • Profit Sharing Agreements: Profit sharing is a major drawback for traders. Despite receiving up to 90% of the profits in favorable cases like FTMO’s model, the firm retains a percentage of earnings (commonly 10-20%), which reduces the trader’s net income.
  • Strict Trading Rules and Risk Management Constraints: Crypto prop firms enforce strict trading rules such as daily loss limits, total drawdown limits, and required stop-loss orders. For example, daily loss limits of 5% or maximum drawdowns of 10% are common. Exceeding these limits can cause immediate account suspension.
  • Dependency on Firm’s Capitals and Conditions: Traders are reliant on the firm’s funds, limiting their autonomy. Firm-imposed conditions can extend to trading instrument restrictions, such as only trading Bitcoin or Ethereum, restricting diversification opportunities.
  • Recurring Costs and Continuous Fees: Many firms charge recurring challenge fees or maintenance fees for accounts, making sustained trading costly, especially for those with smaller profit margins or inconsistent performance.
  • Psychological Pressures from Evaluation Processes: The evaluation phase entails meeting targets and adhering to strict metrics under time constraints, which heightens emotional stress for traders. Consistent evaluation creates psychological pressure that may affect decision-making capacity.
  • Exposure to Volatility Risks: Crypto markets are highly volatile. While tools help traders manage risk, no guarantees exist to protect against sudden market swings causing abrupt losses.
  • Limited Legal and Recourse Protections: Some Crypto prop firms may operate under unclear regulatory frameworks or be based offshore. This creates potential issues in case of disputes, limiting legal recourse for traders.
  • Uncertainty Regarding Reputation and Credibility: Certain firms lack transparency about their funding, payout models, and policies. Traders risk engaging with fraudulent platforms or those with poor operational standards.

Each disadvantage directly impacts financial stability, trading freedom, and emotional health. Therefore, a trader must weigh these factors and conduct thorough research before joining. Only through careful assessment can a trader mitigate risks and identify suitable opportunities for funded trading.

Should a beginner join a Crypto prop firm?

A beginner should consider joining a Crypto prop firm if they are ready to meet the firm’s evaluation requirements, as it offers unique advantages for learning and trading development. Crypto prop firms allow beginners to start trading with large capital, minimizing personal financial risks. By providing access to capital, trainees can execute trades they otherwise couldn’t afford, enabling faster learning and increased exposure to real-market dynamics. 

Joining such a firm grants access to advanced trading tools and technology, including crypto analytics platforms, indicators, and risk-management systems. Many crypto prop firms offer structured educational support through training programs, webinars, or mentorship, which accelerates skill development. The shared-risk nature of trading with firm-provided capital helps beginners focus solely on strategy and discipline without large personal losses. For a beginner aiming to develop disciplined trading habits and access significant resources while learning, joining a Crypto prop firm can be an advantageous choice. Yet, prior foundational knowledge in trading and a commitment to learning are essential to succeed within this environment.

What are the best prop firms for stock trading? 

The best prop firms for stock trading are:Prop number one, FTMO, Topstep, FundedNext, The Trading Pit. These prop firms provide traders with access to significant capital, advanced trading platforms, and favorable profit-sharing models, enabling professional and aspiring traders to maximize their potential in the stock market.

What are the best prop firms for swing trading?

The best prop firms for swing trading are: Prop number one, Topstep, FTMO, Fundedbull. These firms provide favorable conditions to traders employing long-term trading strategies, allowing positions to be held for several days or weeks while aligning with reduced trade frequency requirements.

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All information provided on this site is intended solely for study purposes relating to trading in the financial markets and in no way constitutes a specific investment recommendation, trade recommendation, analysis of investment opportunities or similar general recommendation regarding trading in financial instruments.

We offer virtual demo accounts in which real market conditions are simulated and any reference to “funds” used on our website or in any of our terms and conditions refers to virtual funds only. None of the services we provide to you can be considered an investment service or recommendation, and none of our employees, staff or representatives are authorised to provide investment advice or recommendations. All information provided on our website is intended solely for educational purposes relating to trading in the financial markets and in no way constitutes specific investment advice, trading recommendations, investment analysis or similar general recommendations regarding trading in any financial instrument.