For over a decade, DailyForex has been the trusted forex broker authority, and we've extended that same rigorous approach to the evaluation of proprietary trading firms. Our prop firm listings highlight the top-performing firms in specific categories, from instant funding to firms supporting EAs and copy trading. Each recommendation is the result of detailed analysis and strict criteria, ensuring traders can find the best match for their trading goals. Learn more about our methodology and how we maintain editorial integrity here.
cTrader is a cutting-edge trading platform with an excellent charting package, extensive technical analysis tools, algorithmic trading support, and detailed trade statistics. As a result, it has become the preferred choice of many retail prop trading firms. But which cTrader prop firms offer the most competitive trading conditions? I have conducted an in-depth review, which you can use to learn how to use cTrader in prop trading, and to evaluate the pros and cons of cTrader prop firms.
- FundedNext, 15% profit share of the profits during the evaluation period.
- FTMO, the best prop trading firm with a genuine path for salaried prop traders.
- E8 Funding, The retail prop firm with the most customization options for funded accounts.
- Funded Traders, A great asset selection for retail prop traders with 300+ assets.
FundedNext
In Summary 15% profit share of the profits during the evaluation periodFundedNext has a 4.6 out of 5.0 rating on Trustpilot (29,671 reviews). The one-step evaluation fees range between $65 and $1,099, while the two-step alternatives cost between $59 and $999. FundedNext offers six accounts ($6,000, $15,000, $25,000, $50,000, $100,000, and $200,000) and is the only prop firm that pays 15% of profits during the evaluation. This places FundedNext among the best cTrader prop firms.
The daily drawdown is 3% or 6%, with a maximum total drawdown of 6% or 10% and a maximum profit split of 95%. FundedNext has paid $125M+ to 35K+ prop traders and offers a free trial.
Pros & Cons
- Six account options, a refundable evaluation fee, and a 10% reset discount
- MT4 and MT5 trading platforms with copy and algorithmic trading enabled
- 15% profit share during the evaluation process
- 60% to 90% profit share with ultra-fast withdrawal of five hours
- Limited asset selection
FTMO
In Summary the best prop trading firm with a genuine path for salaried prop tradersFTMO has a 4.8 out of 5.0 rating on Trustpilot (20,493 reviews). The Premium Program offers qualifying prop traders the opportunity to become professional traders in Quantlane, a proprietary firm managing real capital with a contract and fixed salary. Therefore, I rank FTMO as the best cTrader prop firm. FTMO has five funded account options ($10,000, $25,000, $50,000, $100,000, and $200,000) and two-step evaluations with a profit share between 80% and 90%.
FTMO has won the Deloitte Technology Fast 50 Winner award for four consecutive years starting in 2019, confirming its leadership position in transparency, profit-share, and trading conditions.
Pros & Cons
- Reasonable profit targets and generous maximum loss levels
- 80% to 90% profit share with a fast withdrawal process
- Customizable two-step evaluation period with free retrials where applicable
- MT4, MT5, and cTrader accounts with generous leverage
- No information about which broker or brokers FTMO uses
E8 Funding
In Summary The retail prop firm with the most customization options for funded accountsE8 has a 4.3 out of 5.0 rating on Trustpilot (2,640 reviews). Traders get eight accounts ($5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $400,000, and $500,000) with one-step, two-step, and three-step evaluations. The maximum daily drawdown is 4%, with a trailing drawdown of 6% and a customizable maximum drawdown between 6% and 14% via add-ons. E8 also features an unprecedented 100% profit share, placing it among the best cTrader prop firms.
The profit target is 10% for the one-step challenge, 8% - 4% for the two-step challenge, and 8% - 4% - 4% for the three-step alternative. E8 claims the highest average payout industry-wide at $3,737.
Pros & Cons
- Competitive leverage and commission-based spreads from 0.3 pips
- Four funded accounts in three base currencies
- 80% profit share payable after eight days, followed by bi-weekly payouts
- No details about the management team
- No information about which broker or brokers E8 Funding uses
Funded Traders
In Summary A great asset selection for retail prop traders with 300+ assetsThe Funded Trader has a 3.2 out of 5.0 rating on Trustpilot (21,045 reviews). Traders can purchase an add-on to increase the profit share to 95% on six accounts ($5,000, $10,000, $25,000, $50,000, $100,000, and $200,000). The Funded Trader offers one-step, two-step, and three-step evaluations. The daily drawdown is 3% or 5%, with a maximum total drawdown of 6% or 10%.
The profit target is 10% for the one-step evaluation and 8% for the two-step and three-step alternatives. The minimum evaluation fee is between $64 and $1,173. For this reason, The Funded Trader is among the best available cTrader prop firms.
Pros & Cons
- Six funded account options with discounts on the evaluation fee
- 75% profit-share
- One-step evaluation period
- No published information about profit withdrawals
- Strict drawdown rules of only 5%
Brokers Comparison
| | | | |
Year Established | 2022 | 2014 | 2021 | 2018 |
Average Trading Cost EUR/USD | N/A | 0.6 pips ($6.00) | N/A | N/A |
Average Trading Cost GBP/USD | N/A | 0.8 pips ($8.00) | N/A | N/A |
Average Trading Cost Gold | N/A | $0.19 | N/A | N/A |
Trading Platform(s) | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 |
| Visit Website | Visit Website | Visit Website | Visit Website |
What cTrader Is and How to Use it with Prop Firms
cTrader is a cutting-edge trading platform ideal for algorithmic trading, chart customization, in-depth technical analysis, comprehensive backtesting, and extensive trading data. It is also becoming a top choice among retail prop firms.
Tips on using cTrader with prop firms:
- Automated trading - Algorithms handle 80%+ of daily Forex volumes, and prop traders must code their strategies into cTrader bots to maintain a competitive edge
- Backtesting - This is ideal for manual and algorithmic traders
- Charting tools - cTrader has an extensive library of charting tools and custom templates
- Technical analysis - Traders benefit from a broad choice of technical indicators
How to Choose a Prop Firm with cTrader
My comprehensive analysis of cTrader prop firms focused on the criteria below.
Prop traders should look for the following features from their cTrader prop firms:
- Trustworthiness: Since most prop firms emerged during the post-COVID-19 era, they lack verifiable operational history. Therefore, prop traders can consider third-party review sites like Trustpilot and check the regulatory environment of the partner broker.
- Trading Fees: Major currency pairs should not exceed $8.00 per 1.0 standard lot or 0.8 pips.
- Asset Selection: 200+ trading instruments ensure diversification and cross-asset trading opportunities.
- Withdrawals: I advise e-wallets and cryptocurrency withdrawals.
cTrader Prop Firms - Pros and Cons
Prop traders must consider the pros and cons of cTrader prop firms.
The Pros of Ctrader Prop Firms
- Algorithmic trading solutions coded in C#
- Modern user-interface
- Detailed trade data and trading statistics
- Multi-account management via cTrader ID
- Multi-screen trading
- API trading for advanced algorithmic traders
- VPS hosting for low-latency 24/5 Forex trading
- Connectivity to third-party trading tools, including Capitalise AI, Trading Central, and Autochartist
- One-click trading
- Unlimited demo accounts to test and tweak strategies
The Cons of Ctrader Prop Firms
- Quality upgrades are not free
Bottom Line
cTrader prop firms offer cutting-edge trading technology for algorithmic trading, an extensive technical analysis suite, and an excellent charting package for manual traders.
