Best Crypto Prop Firms in 2024
In cryptocurrency trading, prop firms provide aspiring traders with the capital and resources needed to thrive. This article explores some of the Best Crypto Prop Firms in crypto, highlighting their unique offerings, advantages, and why they stand out in this competitive industry.
1. City Traders Imperium:
City Traders Imperium City Traders Imperium (CTI) offers a robust program to empower traders worldwide. CTI’s comprehensive support includes mentorship and performance tracking. This forex prop trading firm is renowned for its structured approach to funding aspiring traders.
Features of City Traders Imperium
- Funding Programs: City Traders Imperium offers various funding programs that suit different trading styles and experience levels. Based on their performance, traders can choose from evaluation phases to live trading accounts.
- Funding Options: Traders receive funding to trade forex markets upon successful evaluation. The funding amount varies based on the chosen program and the trader’s performance during evaluation.
- Risk Management: The firm emphasizes robust risk management practices to protect both trader capital and firm capital, ensuring sustainable trading over the long term.
- Support and Tools: Traders benefit from access to advanced trading platforms, data analytics tools, and educational resources that enhance trading skills and performance.
- Account size up to: $4,000,000
Location:
Dubai, UAE.
Profit Splits:
The profit split starts from 80% and deoeends on the account size.
Pros
- Provides traders with access to trading capital without requiring substantial investment.
- Offers a competitive profit-sharing that rewards traders for their performance.
- Free Trial available.
- News trading allowed.
- Emphasizes effective risk management strategies, crucial for minimizing losses
Cons
- No evaluation programs.
- Low leverage on all funding programs
2. Bright Funded Trader:
Bright Funded Trader stands out for its commitment to bridging the gap between talented traders and financial resources. It specialises in crypto trading and offers competitive funding options and a supportive trading environment. Its tailored approach to risk management and growth-oriented strategies make it a preferred choice for many aspiring crypto traders.
Features of Bright Funded Trader
- Funding Programs: Traders must pass an evaluation process to demonstrate their trading skills and consistency. Some programs allow traders to start with a funded account without a lengthy evaluation.
- Account Sizes: Bright Funded Trader offers various account sizes to accommodate trading styles and risk appetites. These can range from small accounts to large accounts with significant capital.
- Risk Management: The firm strongly emphasizes risk management. Traders must adhere to predefined risk parameters, including daily and overall drawdown limits.
- Customer Support: The firm offers dedicated customer support to assist traders with issues or questions.
- Account size up to: $4,000,00
Location:
Amsterdam, The Netherlands.
Profit Splits:
The profit share is 80%.
Pros
- Biweekly payouts.
- Fees are refundable.
- Six account sizes are available.
Cons
- No free trial.
- Sometimes, it lags.
3. Crypto Fund Trader:
Crypto Fund Trader (CFT) distinguishes itself through a rigorous approach to crypto investments and trading. As a leading prop trading firm, CFT combines deep market analysis with strategic investment decisions, aiming for consistent profitability. With a focus on high-frequency trading and portfolio diversification, CFT provides traders with the tools and resources to excel in volatile crypto markets.
Features of Crypto Fund Trader
- Funding Programs: Crypto Fund Trader offers multiple funding tiers to accommodate traders with different experience levels and styles. These programs typically include an evaluation phase, during which traders must demonstrate their skills and profitability.
- Trading Platforms: The firm supports several popular trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing traders with a familiar and robust trading environment.
- Risk Management Tools: The firm emphasizes risk management and provides tools and guidelines to help traders manage their risks effectively.
- Support and Tools: Traders benefit from access to advanced trading platforms, data analytics tools, and educational resources that enhance trading skills and performance.
- Account size up to: $200,000
Location:
Switzerland.
Profit Splits:
The profit split is 80% and can be up to 90%.
Pros
- Professional Dashboard.
- Two funding programs.
- News trading is allowed.
- Overnight holding is allowed.
Cons
- Minimum trading day requirements.
- No scaling plan.
4.BreakoutProp
Reviews Of BreakoutProp Firm On Trustpilot:
BreakoutProp is a proprietary trading firm that focuses on empowering traders in the cryptocurrency and forex markets. The firm offers a comprehensive suite of tools, resources, and funding opportunities to help traders excel. By providing access to capital and advanced trading platforms, BreakoutProp aims to cultivate a community of skilled and successful traders.
Features of BreakoutProp
- Diverse Funding Programs: BreakoutProp offers a range of funding programs tailored to different levels of trading expertise and strategies. These programs often include a qualification phase, during which traders must meet specific performance criteria.
- Risk Management Tools: The firm emphasizes the importance of risk management and provides various tools and guidelines to help traders manage their risk effectively and protect their capital.
- Comprehensive Support: BreakoutProp offers excellent customer support to assist traders with questions or issues, ensuring a smooth trading experience.
- Account size up to: $5,000
Location:
Registered in the United Arab Emirates.
Profit Splits:
The profit split is 80% and can be up to 90%.
Pros
- Quick Payouts.
- Good customer support.
Cons
- No free trials
5.CryptoPips:
Reviews Of CryptoPips Prop Firm On Trustpilot:
CryptoPips excels at navigating the complexities of crypto markets with precision and expertise. Known for its analytical approach and strategic insights, CryptoPips offers comprehensive funding options and personalized trading strategies. Its focus on risk management and sustainable growth strategies appeals to traders looking to effectively capitalize on crypto market opportunities.
Features of CryptoPips
- Diverse Funding Programs: CryptoPips offers several funding programs to suit different trading styles and experience levels. These programs typically include a qualification phase, during which traders must prove their profitability and risk management skills.
- Risk Management Guidelines: The firm emphasizes the importance of risk management and provides tools and guidelines to help traders maintain disciplined trading practices.
- Customer Support: CryptoPips offers excellent customer support to assist traders with any queries or issues they may encounter.
- Account size up to: $100,000
Location:
London, United Kingdom
Profit Splits:
The profit splits can be 70 to 80%.
Pros
- Provides traders with access to trading capital without requiring substantial investment.
- Offers a competitive profit-sharing that rewards traders for their performance.
- Free Trial available.
- News trading allowed.
- Emphasizes effective risk management strategies, crucial for minimizing losses
Cons
- No evaluation programs.
- Low leverage on all funding programs.
6.Hyro Trader:
Reviews Of Hyro Trader Prop Firm On Trustpilot:
Hyro Trader is a proprietary trading firm that specializes in providing traders with the necessary capital, tools, and support to trade in various financial markets, like cryptocurrencies. The firm aims to nurture talent and help traders achieve their full potential through a combination of funding programs, educational resources, and robust risk management practices.
Features of Hyro Trader
- Advanced Trading Platforms: The firm supports several leading trading platforms, such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, providing traders with a reliable and user-friendly trading environment.
- Comprehensive Educational Resources: Hyro Trader provides a wide range of educational materials, including webinars, video tutorials, articles, and market analysis, designed to enhance traders’ knowledge and skills.
- Risk Management: The firm strongly emphasizes risk management. Traders must adhere to predefined risk parameters, including daily and overall drawdown limits.
- 24/7 Customer Support: Hyro Trader offers round-the-clock customer support to assist traders with any issues or inquiries they may have.
- Account size up to: $500,000
Location:
Bratislava, Slovakia
Profit Splits:
The profit split is up to 90%.
Pros
- Crypto spot and futures both are available.
- Trade real crypto on the ByBit sub-account.
- The challenge fee is refundable.
- Goos leverage.
Cons
- Payouts are only in cryptocurrencies.
- The firm only offers cryptocurrencies to trade.
Conclusion
Choosing the right crypto prop trading firm in the crypto industry can significantly impact a trader’s success and growth trajectory. Each firm highlighted in this article offers unique advantages, from innovative trading technologies to comprehensive support and strategic insights.
Whether you’re a trader or an experienced investor, these firms provide the to