Top 5 Prop Firms for Beginners in 2025
Discover which prop firms offer the best conditions for new traders starting their funded journey.
Top 5 Prop Firms for Beginners in 2025
Starting your prop trading journey can be overwhelming with so many firms to choose from. We've analyzed dozens of prop firms to bring you the top 5 that are perfect for beginners.
1. FTMO - Best Overall for Beginners
Why it's great for beginners:
- Clear and transparent rules
- Excellent educational resources
- Large trader community
- Generous profit split up to 90%
Account sizes: $10K - $200K Cashback: 15%
2. Funded Next - Best for Quick Success
Why it's great for beginners:
- Aggressive profit targets that are achievable
- Flexible rules
- Fast payout processing
- Highest cashback rates
Account sizes: $15K - $300K Cashback: 18%
3. MyForexFunds - Best for Instant Funding
Why it's great for beginners:
- Instant funding options available
- No evaluation period required on some accounts
- 90% profit split
- Supports crypto trading
Account sizes: $5K - $300K Cashback: 10%
4. The5ers - Best Scaling Plan
Why it's great for beginners:
- Excellent scaling opportunities
- 100% profit split
- Flexible trading rules
- Strong trader support
Account sizes: $5K - $250K Cashback: 12%
5. Funding Pips - Best Rules for New Traders
Why it's great for beginners:
- Realistic profit targets
- Generous drawdown limits
- All trading strategies allowed
- Quick verification
Account sizes: $10K - $200K Cashback: 16%
How to Choose
Consider these factors when selecting your first prop firm:
- Challenge fees: Start with smaller accounts to minimize risk
- Rules flexibility: Choose firms that allow your trading style
- Profit targets: Make sure targets are achievable
- Community support: Look for firms with active trader communities
Remember to use our cashback links to get money back on your challenge purchase!
About Sarah Williams
Contributor at PropFirmScan, helping traders succeed in prop trading.
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