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Best prop firms based in UK

Unveiling the Premier Proprietary Trading Firms in the United Kingdom

The United Kingdom stands as a pivotal financial hub, attracting top-tier proprietary trading firms from across the globe. These companies offer traders an unparalleled opportunity to capitalize on their skills, leveraging cutting-edge platforms, competitive fee structures, and lucrative profit-sharing agreements. With a diverse array of instruments at their disposal, ranging from forex and commodities to cryptocurrencies and stocks, traders can navigate the dynamic markets with confidence.

Decoding the Appeal: Why UK Prop Firms Reign Supreme

While numerous prop firms cater to the British market, several factors contribute to the dominance of UK-based entities. Firstly, the nation’s robust regulatory environment instills confidence in traders, ensuring transparency and accountability. Secondly, the proximity to major financial centers facilitates seamless access to global markets. Additionally, the availability of GBP accounts eliminates the need for currency conversions, streamlining trading operations.

Navigating the Prop Firm Landscape: A Comprehensive Guide

To assist traders in making informed decisions, we have curated a comprehensive overview of the top proprietary trading firms operating in the United Kingdom. This guide encompasses crucial aspects such as profit-sharing ratios, funding limits, trading platforms, and evaluation fees, empowering traders to select the firm that aligns seamlessly with their objectives and preferences.

1. FTMO: The Global Powerhouse

Hailed as one of the world’s leading prop firms, FTMO’s presence in the UK market is a testament to its unwavering commitment to excellence. With a maximum funding limit of $2 million and a 90% profit split, traders can embark on a journey towards financial freedom. FTMO’s user-friendly scaling plan facilitates a gradual increase in buying power, while its advanced safety features ensure a secure trading environment.

Key Highlights:

  • Minimum audition fee: $164
  • Instruments: Forex, indices, commodities, stocks, and cryptocurrencies
  • Minimum funded amount: $10,000
  • Scaling available
  • Maximum funded amount: $200,000 ($2 million via scaling)
  • Profit share: 90%

2. Blue Guardian: Affordable Scaling Opportunities

Based in the United Kingdom, Blue Guardian offers traders the chance to obtain funding accounts up to $200,000, with the option to scale up to an impressive $2 million. Boasting one of the most affordable evaluation stages, with the lowest funded account costing $87, Blue Guardian presents an enticing opportunity for aspiring traders. Upholding an 85% profit split agreement and leveraging the industry-standard MetaTrader 4 platform, this firm strikes a harmonious balance between accessibility and profitability.

Key Highlights:

  • Minimum audition fee: $87
  • Instruments: Forex, cryptocurrencies, indices, and commodities
  • Minimum funded amount: $10,000
  • Scaling available
  • Maximum funded amount: $200,000 ($2 million via scaling)
  • Profit share: 85%

3. FTUK: The Homegrown Excellence

FTUK, a UK-based prop trading firm, offers traders the opportunity to gain funding up to $90,000, with scaling options up to an impressive $5 million. Leveraging the industry-standard MetaTrader platform, FTUK upholds a profit target of 10% and a maximum trailing drawdown of 8%. The 80% profit split agreement empowers traders to retain a substantial portion of their hard-earned profits.

Key Highlights:

  • Minimum audition fee: $149 ($14,000 account)
  • Instruments: Forex, indices, commodities, and cryptocurrencies
  • Minimum funded amount: $14,000
  • Scaling available
  • Maximum funded amount: $90,000 ($5 million via scaling)
  • Profit share: 80%

4. Finotive Funding: Maximizing Profitability

With a FirmFunded score of 3.35/5, Finotive Funding stands out for its attractive profit-sharing ratios, reaching up to an impressive 95%. Traders can access a maximum funding of $3.2 million, catering to both novice and experienced traders alike. The minimum audition fee starts at a reasonable $50 for a $2,500 account, fostering accessibility and inclusivity.

Key Highlights:

  • Minimum audition fee: $50 ($2,500 account)
  • Instruments: Forex, indices, cryptocurrencies, and commodities
  • Minimum funded amount: $2,500
  • Scaling available
  • Maximum funded amount: $3.2 million
  • Profit share: Up to 95%

5. SurgeTrader: Embracing Diversification

Boasting a FirmFunded score of 3.48/5, SurgeTrader offers traders a 90% profit split and a maximum funding limit of $1 million. With a minimum audition fee of $200 for a $25,000 account, traders can explore a diverse range of instruments, including forex, indices, commodities, and cryptocurrencies. SurgeTrader’s commitment to diversification empowers traders to navigate various market conditions with confidence.

Key Highlights:

  • Minimum audition fee: $200 ($25,000 account)
  • Instruments: Forex, indices, commodities, and cryptocurrencies
  • Minimum funded amount: $25,000
  • Scaling available
  • Maximum funded amount: $1 million
  • Profit share: 90%

6. Topstep: Futures Trading Specialists

Topstep, with a FirmFunded score of 3.13/5, caters to traders seeking expertise in the futures market. Offering a 90% profit split and a maximum funding of $150,000, Topstep presents an attractive proposition for futures enthusiasts. The minimum audition fee starts at $49 for a $50,000 account, providing accessibility to traders with varying capital resources.

Key Highlights:

  • Minimum audition fee: $49 ($50,000 account)
  • Instruments: Futures
  • Minimum funded amount: $50,000
  • Scaling not available
  • Maximum funded amount: $150,000
  • Profit share: 90%

7. Fidelcrest: Catering to Global Traders

With a FirmFunded score of 3.5/5, Fidelcrest offers traders a profit share of up to 90% and a maximum funding potential of $2 million. The minimum audition fee starts at EUR 99 for a $15,000 account, providing traders with access to a diverse range of instruments, including forex, indices, commodities, and stocks. Fidelcrest’s global presence ensures a seamless trading experience for traders worldwide.

Key Highlights:

  • Minimum audition fee: EUR 99 ($15,000 account)
  • Instruments: Forex, indices, commodities, and stocks
  • Minimum funded amount: $15,000
  • Scaling available
  • Maximum funded amount: $2 million
  • Profit share: Up to 90%

8. The 5ers: Scaling Towards Success

With a FirmFunded score of 3.58/5, The 5ers offers traders a profit share of up to 90% and a maximum funding potential of $4 million through scaling. The minimum evaluation fee of $39 for a $5,000 account presents an accessible entry point for aspiring traders. Traders can explore a diverse range of instruments, including forex, stocks, and commodities, catering to various trading preferences.

Key Highlights:

  • Minimum audition fee: $39 ($5,000 account)
  • Instruments: Forex, stocks, and commodities
  • Minimum funded amount: $5,000
  • Scaling available
  • Maximum funded amount: $4 million
  • Profit share: Up to 90%

9. Bulenox: Balancing Risk and Reward

Bulenox, with a FirmFunded score of 3.52/5, offers traders a 90% profit share and a maximum funding limit of $150,000. The minimum audition fee starts at $125 for a $10,000 account, providing traders with access to a diverse range of instruments, including forex, commodities, indices, and cryptocurrencies. Bulenox’s balanced approach to risk management and profitability ensures a secure trading environment for its clients.

Key Highlights:

  • Minimum audition fee: $125 ($10,000 account)
  • Instruments: Forex, commodities, indices, and cryptocurrencies
  • Minimum funded amount: $10,000
  • Scaling not available
  • Maximum funded amount: $150,000
  • Profit share: 90%

10. E8 Funding: Fostering Growth and Diversity

With a FirmFunded score of 3.18/5, E8 Funding offers traders an 80% profit share and a maximum funding limit of $300,000. The minimum evaluation fee starts at $138 for a $25,000 account, providing traders with access to a diverse range of instruments, including forex, cryptocurrencies, indices, and commodities. E8 Funding’s commitment to fostering growth and diversity empowers traders to explore various market opportunities.

Key Highlights:

  • Minimum audition fee: $138 ($25,000 account)
  • Instruments: Forex, cryptocurrencies, indices, and commodities
  • Minimum funded amount: $25,000
  • Scaling not available
  • Maximum funded amount: $300,000
  • Profit share: 80%

Comparing the Titans: A Head-to-Head Analysis

To further assist traders in their decision-making process, we have compiled a comprehensive head-to-head comparison of the key features and offerings of the top prop trading firms in the UK. This table serves as a valuable resource, enabling traders to evaluate and contrast the firms based on crucial factors such as minimum audition fees, instrument offerings, funding limits, profit splits, and more.

Prop FirmFTMOFidelcrestBlue GuardianFTUKBulenoxSurgeTrader
Year Founded201520182017202120222021
Minimum Audition Fee$164EUR 99$87$149$125$200
InstrumentsForex, Indices, Commodities, Stocks, CryptoForex, Indices, Commodities, StocksForex, Crypto, Indices, CommoditiesForex, Indices, Commodities, CryptoForex, Indices, Commodities, CryptoForex, Crypto, Commodities, Indices
Minimum Funded Amount$10,000$15,000$10,000$14,000$10,000$25,000
ScalingYesYesYesYesNoYes
Maximum Funded Amount$200,000 ($2 million via scaling)$1 million ($2 million via scaling)$200,000 ($2 million via scaling)$90,000 ($5 million via scaling)$150,000$1 million
Allowed Daily Loss5%5-10%4%N/A6%5%
Profit Target10%5-20% (Pro and Micro Accs)4-8% (1st and 2nd Phases)10%6%5-10% (1-Phase and 2-Phase)
Max Trailing Draw down10%20%8%8%6%8%
Profit Share90%80-90%85%80%90%90%
MetaTrader AvailableYesYesYesYesYesYes
Safety5/53/53/51.5/51.5/53/5
Education5/52.8/52/50/53/52.8/5
Customer Support3.6/53.6/54/52.4/53/53.6/5
Rules and Limitations4.8/53.2/55/53.8/54/52.9/5
Fees2.5/54/54/55/54/52.5/5
Overall4.03/53.5/53.95/53.64/53.51/53.48/5
ActionRegisterRegisterRegisterRegisterRegisterRegister

Multilingual Support: Bridging the Language Divide

In a globalized trading landscape, the best prop firms in the UK recognize the importance of catering to a diverse clientele. These firms offer their websites, platforms, and customer support services in multiple languages, ensuring seamless communication and accessibility for international traders. Whether you’re a native English, Spanish, or French speaker, you can rest assured that top-tier prop firms have you covered.

Prop FirmEnglishSpanishFrench
FTMO
FTUK
SurgeTrader
Bulenox
Fidelcrest
Blue Guardian

Regulatory Landscape: Navigating the Prop Trading Terrain

While the Financial Conduct Authority (FCA) serves as the primary regulatory body overseeing financial instruments and trading activities in the United Kingdom, proprietary trading remains relatively unregulated. Prop trading firms are not subject to stringent licensing requirements, allowing for a more streamlined establishment of services.

However, reputable prop firms like FTMO have implemented additional security measures and obtained licenses to demonstrate their legitimacy and trustworthiness to clients. Despite the lack of comprehensive regulations, the prop trading market continues to thrive, offering traders unique opportunities while highlighting the need for increased oversight and safeguards.

Frequently Asked Questions: Addressing Common Concerns

To address the most pressing queries and concerns of traders, we have compiled a comprehensive FAQ section. This resource aims to provide clarity and insights into the world of proprietary trading firms in the UK, empowering traders to make informed decisions.

What are the best prop trading firms in the UK?

Some of the most reputable and highly acclaimed prop trading firms in the UK include FTMO, FTUK, Blue Guardian, Finotive Funding, SurgeTrader, and Fidelcrest. These firms offer competitive fees, substantial funding limits, and progressive scaling plans to gradually increase the buying power of funded accounts.

How do I choose the best proprietary trading firm in the UK?

To select the most suitable prop trading firm, carefully review the terms and conditions listed on each firm’s official website. Pay close attention to factors such as profit-sharing ratios, maximum funding limits, trading platforms, and additional services offered. Align your choice with your trading objectives, risk appetite, and capital resources.

Can you make profits with prop trading in the UK?

Absolutely! Prop trading firms in the UK typically do not impose restrictions on trading strategies. As long as you adhere to the profit goals and loss limits set by the firm, you can leverage your trading expertise and sound strategies to generate substantial profits.

Is prop trading legal in the UK?

Yes, proprietary trading is fully legal in the United Kingdom. Unlike brokerage services, prop trading is subject to less stringent regulations, allowing traders from over 100 countries to access the services of top-rated prop trading companies operating in the UK market.

How do I become a prop trader in the UK?

Becoming a prop trader in the UK is a straightforward process. Simply sign up with the prop trading firm of your choice, pay the required challenge fee, and successfully complete the evaluation stage(s). Some firms may have multiple challenge phases, but upon successful completion, you’ll gain access to funded trading accounts.

Which UK prop firm has no challenge fee?

While most prop trading firms in the UK charge fees for account auditions, in certain cases, these fees are fully refunded after the trader successfully passes the initial demo account stages.

The Future of Prop Trading in the UK

The prop trading landscape in the United Kingdom is poised for continued growth and evolution. As more traders recognize the potential of this lucrative opportunity, the demand for reputable and trustworthy prop firms will surge. Established players and newcomers alike are expected to enhance their offerings, introducing innovative features, advanced trading tools, and comprehensive educational resources to cater to the diverse needs of traders.

Moreover, the advent of cutting-edge technologies, such as artificial intelligence and machine learning, is likely to reshape the prop trading industry. These advancements could lead to more sophisticated risk management strategies, automated trading systems, and personalized trading experiences tailored to individual preferences and risk profiles.

Regulatory bodies, recognizing the increasing significance of prop trading, may implement more robust frameworks to ensure transparency, accountability, and investor protection. While these regulations may introduce additional compliance requirements, they will ultimately contribute to the long-term sustainability and credibility of the industry.

Conclusion

The UK prop trading landscape is a vibrant and dynamic ecosystem, offering traders a wealth of opportunities to capitalize on their skills and achieve financial success. By carefully evaluating the offerings of top-tier firms, traders can embark on a journey towards profitability, leveraging cutting-edge platforms, competitive fee structures, and lucrative profit-sharing agreements.

Whether you’re a seasoned trader or just starting your journey, the UK market provides a diverse array of prop firms catering to various trading styles, risk appetites, and capital resources. Embrace the challenge, hone your strategies, and seize the opportunities presented by these esteemed institutions, paving the way for a prosperous and rewarding trading career.

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