
The top prop trading companies in India are RebelsFunding, FTMO, FundingPips, The5ers, and AlphaCapital.
Let’s examine their main features; difference, similarities, plus important areas you should properly evaluate before selecting a firm:
| Features |
|
|
|
|
|
|---|---|---|---|---|---|
| Price range | $25 – $890 | €155 – €1,080 | $39 – $850 | $97 – $997 | $32 – $1099 |
| Max capital allocation | $640,000 | $400,000 | $4,000,000 | $400,000 | $600,000 |
| Payment methods | PayPal, Credit/Debit card, Cryptocurrency | 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 | Apple Pay, Credit/Debit, Google Pay, Crypto, Neteller, 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, Bank transfer, Mastercard |
| Minimum withdrawal | $50 | $50 for crypto, $20 for bank wire. | $150 | $100 | 1% of the initial account balance |
| Profit split | 80% – 90% | 80% – 90% | 50% – 100% | 80% | 80% – 90% |
| Purchase Fee Refund (after successful completion of evaluation phase | ✅ up to 200% refund of your account’s purchase fee | Yes ✅ | No ❌ | No ❌ | Yes ✅ |
| Free trial | Yes ✅ | Yes ✅ | No ❌ | Yes ✅ | Yes ✅ |
| No time limit | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ | Yes and no (it depends on the program) |
| Trading platform | RF-Trader (in-house trading platform) | MetaTrader 4, MetaTrader 5, DXtrade and cTrader (third party platforms) | MetaTrader 5 | Match-Trader, cTrader | Match-Trader, cTrader, DXtrade, TradeLocker |
| Instruments | Forex, Metals, Energies, Crypto, Indices & Equities | Indices, Commodities, Stocks, Crypto, Forex | Securities, Forex, Metals, Indices | CFD, Forex, Metals | Crypto, Energies, Forex, Indices, Metals |
| News trading | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| Weekend holding | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| Overnight holding | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| 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 |
| Consistency rule | None ❌ | Yes ✅ | Yes ✅ | Yes ✅ | Yes ✅ |
| Expert Advisors | Not allowed ❌ | Allowed ✅ | Allowed ✅ | Allowed ✅ | Allowed ✅ |
| Customer service | Responsive 24/7 | Responsive | Responsive | Responsive | Responsive |
| Trustpilot Rating (Note that these scores are not fixed) |
4.5/5 |
5/5 |
5/5 |
4.5/5 |
4.6/5 |
The first thing to do is research and investigate. Check if the proprietary firm has a good reputation. Verify their trustworthiness before you proceed.
To get this information, search their brand name on social media and search engines. This way, you can view and judge existing users’ comments and reviews. But you don’t want to digest everything you read as truth. Watch out for exaggerations (or any statement that may sound “too emotional or extreme”).
Clarify things with their customer support, or join their community to confirm whatever it is, from other members (existing prop traders).
Make your final assessment with honest and constructive feedback only.
Additionally, you can search the name of the firm on the official website of a regulatory agency in the same country as that of the prop company. This can also give you more details about their legitimacy.
Invest in companies that have been attested to be reliable and transparent.
Is your trading style accepted in the company? Before moving forward with a company, it is important you read and understand their trading instructions.
Choose a firm that embraces your strategy.
This is where you get a picture of the evaluation process/stages. Is the program a one-step, two-step, three-step or four-step challenge? Is it a journey you can handle? Are the targets and limits achievable with your trading method?
Always pick an account with requirements you can cope with.
The cost of challenge accounts varies depending on the firm and the nature of the program.
If you’re interested in an affordable funding package, RebelsFunding’s Copper 4 account is one of the best options for you. With as little as $25, you can get funded. It is the cheapest on the table.
Your share of profit-split can range between 50% to 100%. It all depends on program. Thus, you must read the conditions of your chosen account to learn how much you’d take home.
Go for a program that offers a reward split model that appeals to you.
Who owns the trading software used by the firm? An external company (third-party) or the proprietary firm itself (in-house)?
It is necessary to identify the type of platform used because the long-term stability of the firm can rely on it.
Prop firms who have their own trading platform have proven to be more stable than firms who are dependent on external platforms like MT4, MT5, etc. One has full control of its technology, but the other doesn’t. What this means is that the latter can easily become a victim. The external company can one day decide to add strict changes to the app, and every proprietary company who depended on them would suffer the effect.
In early 2024, MetaQuotes of MetaTrader updated their policy, and many prop companies lost their license, became destabilised, and gradually crashed. But we saw firms with in-house trading platforms stand strong.
The message here is, if long-term stability is important to you, if the security of your investment matters to you, choose a proprietary firm with a modern in-house trading platform (such as the RF-Trader).
A supportive firm is known through customer service – how well they treat their traders.
Feedback from existing customers can give you a clue on how well or badly the treat people.
You want a place where you’re prioritised, valued and respected. Choose a firm that is ready and happy to serve you.
One of such prop firm is RebelsFunding. They listen to you, make you feel heard, explain things in the simplest ways to help you understand better, no robot or AI customer assistance (only humans), and very quick response.
A prop firm’s free trial account allows you to test and examine the service of a proprietary company without financial risk. It gives you the power to decide whether to invest or not.
Choose a firm that gives you this opportunity.
Yes, it can be a great opportunity to make some money in India. Note that it is not a get-rich-quick business. It requires discipline, risk management and continuous education.
Yes, prop fund trading is a legitimate venture in India.
You can trade a variety of instruments such as forex, crypto, indices, commodities, etc.
