
RebelsFunding, AlphaCapital, The5ers, and FTMO are some of the best proprietary firms in Australia. They are renowned for their strong funding capacity, fair pricing, solid reputation, and consistent reliability.
Let’s compare the top-rated prop trading companies for Australian traders; their programs, trading software, pricing, profit splits and other things you should prioritise before making a choice:
| Features |
|
|
|
|
|---|---|---|---|---|
| Price range | $20 – $890 | €155 – €1,080 | $39 – $850 | $97 – $997 |
| Max capital allocation | $640,000 | $400,000 | $4,000,000 | $400,000 |
| Payment/Withdrawal methods | Bank wire transfer, Credit/Debit card, Crypto, Wise, Rise | Skrill, Crypto, Card, BankWise, Card, Crypto, Bank | Wise, Card, Crypto, Bank | Crypto & Bank card |
| Profit split | 80% – 90% | 80% – 90% | 50% – 100% | 80% |
| Refund | ✅ up to 200% refund of your account’s purchase fee | Yes ✅ | No ❌ | No ❌ |
| Free trial | Yes ✅ | Yes ✅ | No ❌ | Yes ✅ |
| No time limit | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| Trading platform | RF-Trader (in-house trading platform) | MetaTrader 4, MetaTrader 5, DXtrade and cTrader (third party platforms) | MetaTrader 5 | Match-Trader, cTrader |
| Instruments | Forex, Metals, Energies, Crypto, Indices & Equities | Indices, Commodities, Stocks, Crypto, Forex | Securities, Forex, Metals, Indices | CFD, Forex, Metals |
| News trading | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| Weekend holding | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| Overnight holding | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| Instant funding | No ❌ | No ❌ | Yes ✅ | No ❌ |
| Expert Advisors | No ❌ | Yes ✅ | Yes ✅ | Yes ✅ |
| Customer service | Responsive 24/7 | Responsive | Responsive | Responsive |
| Rating |
4.5/5 |
5/5 |
5/5 |
4.5/5 |
1. Reputation and the potential to be sustainable
What is the reputation of the prop firm, and does it have the potential to stand the test of time?
This is the first and most important question to ask when choosing a prop firm.
You want to choose a firm that has a good reputation (on Trustpilot review), is reliable (and would not cease operations overnight because of a new regulatory policy from a third party platform they utilise).
Lately, we’ve seen several firms go down because they could not meet the new requirement of their third party trading software, MetaTrader.
This tragedy is averted with an in-house trading platform.
2. Fee & profit-split model
What is their fee and profit sharing structure? Affordability and profit is also essential to most of us.
In a difficult economic situation, you want a place where you can get funded with a small budget and gradually grow financially (or scale up).
3. Trading support tools
What tool(s) does the firm offer to traders to help/enhance trading experience and performance? Is their trading platform reliable, user-friendly & feature-rich?
Choose a firm with a helpful/friendly customer support & community, a firm that provides educational resources to help you become a better trader.
Also, you want to consider the trading platform. You want a modern and user-friendly trading platform with features that can help you succeed. One of such platforms is the RF-Trader.
It is integrated with TradingView chart, it has a risk management calculator, you can view the ask and bid charts (spread history) and make informed speculations.
4. Does the firm match my trading style and goal(s)?
This is another useful question. Yes, you also need a firm where you can function well.
Most of the firms on the table match all trading styles and goals (with a no time limit offer that gives you the freedom to make sound decisions). They offer a variety of training programs that cater to different levels of experience.
To get a funded trading account, you have to purchase a program (probably from one of the cheapest prop firms), pass a few evaluation stages or challenges, and get funded.
Why the evaluation period? The evaluation period allows the firm to assess your trading skills; risk management skills & profitability.
Yes, prop trading firms are legal in Australia. But most of them are not regulated by the Australian Securities and Investments Commission (ASIC). The reason is, these companies do not manage client funds. Their business model is B2B (business-to-business). It is important that you always verify a firm’s legitimacy, check their terms and structure before joining.
RebelsFunding, FTMO, and The5ers are some of the most beginner-friendly prop firms for Aussie traders. These companies offer programs, evaluation models, platforms that cater for new traders. Plus, a strong customer support.
A funded account is a live account provided by a prop firm. It allows qualified traders to trade with a prop company’s funds instead of their own.
Yes, RebelsFunding has an excellent reputation across customer ratings plaforms like TrustPilot.com for its transparent rules, regular payout, fast and friendly customer support. It is also known for affordable funding packages (like the Copper and Diamond programs).
To become a funded trader in Australia, you must be at least 18+ years old, purchase a challenge account, prove your trading skills by meeting the firm’s expectations and following their rules. Once you pass the evaluation phase, the firm gives you access to a funded account to trade with real capital and make profits.
