6 Best Prop Firms for US Traders

RebelsFunding, FTMO, The5ers, AlphaCapital, FundedNext, and BrightFunded are some of the best proprietary companies for United States traders.

Let’s point out the important features of these prop firms, and discuss the primary things you should examine before making a choice:

Features						BrightFunded
Price range	$25 – $890	€155 – €1,080	$39 – $850	$97 – $997	$32 – $1099	€55 – $975
Max capital allocation	$640,000	$400,000	$4,000,000	$400,000	$300,000	$400,000
Payment methods	Credit/Debit card, Cryptocurrency, PayPal	Apple Pay, Credit/Debit Card Crypto, Google Pay, PayPal, Skrill	Bank Transfer, Apple Pay, CardCredit/Debit Card, Crypto, Google Pay, PayPal	Credit/Debit Card, Crypto, PayPal	Perfect Money, Apple Pay, Astropay, Credit/Debit Card, Crypto, Google Pay, PayPal, Skrill	Apple Pay, Credit/Debit card, Crypto, Google Pay, Paypal, Skrill
Withdrawal methods	Bank wire transfer, Crypto, RiseWorks, Wise	Skrill, Crypto, MasterCard, Bank transfer	Crypto, Bank transfer, Riseworks	Riseworks, Wise, Bank transfer	Riseworks, Crypto, TC Pay	Bank transfer, Crypto, Skrill
Minimum withdrawal	$50	$50 for crypto, $20 for bank wire.	$150	$100	$250	$0
Profit split	80% – 90%	80% – 90%	50% – 100%	80%	60% - 90%	80% - 90%
Payout frequency (days)	Bi-weekly	Bi-weekly	Every 14 days	Bi-weekly	Every 14 days	Bi-weekly
Purchase Fee Refund (after successful completion of evaluation phase	✅ up to 200% refund of your account’s purchase fee	Yes ✅	No ❌	No ❌	Yes ✅	Yes
Free trial	Yes ✅	Yes ✅	No ❌	Yes ✅	Yes ✅	No
No time limit	Yes ✅	Yes ✅	Yes ✅	Yes ✅	Yes ✅	Yes
Trading platform	RF-Trader (in-house trading platform)	MetaTrader 4, MetaTrader 5, DXtrade and cTrader (third party platforms)	MetaTrader 5	DxTrader (for US clients)	MetaTrader 4, MetaTrader 5, cTrader, Match-Trader	DxTrader, cTrader, MT5
Instruments	Forex, Metals, Energies, Crypto, Indices & Equities	Indices, Commodities, Stocks, Crypto, Forex	Securities, Forex, Metals, Indices	CFD, Forex, Metals	Commodities, Forex, Indices, Cryptocurrencies	Forex, Commodities, Indices, Metals, Crypto
News trading	Allowed ✅	Allowed✅	Allowed ✅	Allowed✅	Allowed ✅	Allowed ✅
Weekend holding	Allowed✅	Allowed✅	Allowed ✅	Allowed ✅	Allowed ✅	Allowed ✅
Overnight holding	Allowed ✅	Allowed ✅	Allowed ✅	Allowed ✅	Allowed ✅	Allowed ✅
Challenge types	One-step, two-step, three-step, four-step	2-step	1-step, 2-step, 3-step	Phase 1, 2 & 3	Zero, 1-step, 2-steps	Two-step
Consistency rule	None ❌	Yes ✅	Yes ✅	Yes ✅	Yes ✅	Yes ✅
Expert Advisors	Not allowed ❌	Allowed ✅	Allowed ✅	Allowed ✅	Allowed ✅	Allowed ✅
Customer service	Responsive 24/7	Responsive	Responsive	Responsive	Responsive	Responsive
TrustPilot Rating (At the time of publishing this article. Note that these scores are not fixed)	4.5/5	5/5	5/5	4.5/5	4.6/5	4.5/5

Factors to Consider When Choosing a US-Friendly Prop Firm

Proprietary Firm’s Regulation

For a prop company located outside the US, it is important you check whether it is regulated or legally registered in its home country. A firm that meets this criterion often operates under legal rules, and likely runs its business transparently.

Check properly which financial authority oversees the firm (if applicable) or the broker they work with. Make sure they accept US clients legally without violating the United States financial regulations. Also, check if they have clear policies on funding, withdrawals and risk management.

Firm’s Reputation

Being registered and approved by the government is just the starting point. It doesn’t automatically mean the company is trustworthy. Here, you want to look at what existing traders are saying about the company. You want to do a background check.

Search the brand on social media and reputable review platforms like TrustPilot to see existing customers’ feedback. Are they receiving payouts? Are they getting good support, or having a smooth trading experience?

You may want to also take into account how long the firm has been in business. Do they have a positive history?

A solid reputation combined with proper “regulation” or licensing is a green flag.

Profit-share Structure

Traders can get 50 to 90% share of trading rewards depending on the prop firm and the funding program they choose. You want to see the details of an account and be satisfied with its profit-split model before you sign up.

Trading Strategy

Your trading technique must align with the firm’s trading rules if you want to achieve success. Read the company’s policies (FAQs) or contact their support team to know what strategies are allowed and not allowed.

Choose a firm that allows traders to adopt different trading methods. Pick a firm with flexible trading rules.

Trading Platform

This is another important aspect to consider. As a US trader, go for a firm that offers a stable and user-friendly platform.

If the firm is based outside the United States, check whether it integrates with a widely trusted platform like TradingView. For example, the RF-Trader. A well-supported tool makes trading smooth and reduces technical issues.

In a case where the firm utilises a broker, make sure their broker is regulated by their government. This provides an extra layer of protection for you.

Community and Support for Traders

A strong community and support system can make a big difference especially when you are trading remotely.

Go for a proprietary company that quickly attends to problems. Choose a firm that is interested in the growth of its traders. Also, pick a firm with an engaged community where you can ask questions and learn from other traders.

An example of one of such firms is RebelsFunding. It is rated as one of the most responsive prop companies in the industry. You can chat with their live support team at any time of the day. No AI, only human representatives. They are fast, friendly and ready-to-help. In addition, the firm has a vibrant discord community of over 17k members.

Free Trial

For US traders, a free trial gives you the opportunity to evaluate a firm’s trading platform, rules, and customer service. It allows you to check if the company meets your expectations before you enrol.

Thus, it is smart to select a firm that gives you this access.

FAQs

Are proprietary firms regulated in the US?

Only firms located in the United States (and not offshore) are regulated by the US authorities like the SEC or CFTC.

Are prop companies legal in the US?

Yes, proprietary trading is legal in the US. But the business must comply with US financial regulations if they operate within the country or accept US clients.

What is the cheapest prop firm account in the US?

The most affordable challenge program for US traders is RebelsFunding’s Copper 4 Phase account. You can get funded with just $25.

Can US citizens use prop firms?

Yes, United States citizens can use the services of a prop firms. But it is important you choose a company that is legally registered, with good reviews.

Which prop firm accepts US clients?

RebelsFunding is one of the top proprietary trading companies that accepts US clients.

Do prop traders pay tax in the USA?

Yes, prop traders pay tax in the United States. Rewards from prop trading are treated as self-employment income and traders are regarded as independent contractors. You are taxed 15.3% of your net earnings for Social Security and Medicare. Consult a local tax expert for further instructions.

If you are a new to prop trading, you might want to know the best prop firms for beginners. And are you interested in crypto? Check our comparison blog post on the top prop firms for cryptocurrency trading.