
RebelsFunding, AlphaCapital, FundedNext, FTMO, The5ers, and BrightFunded are some of the top proprietary trading companies for Norwegian traders.
Let’s compare their features, and examine the important aspects you should evaluate before making a choice:
| Features |
|
|
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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 | Match-Trader, cTrader, DXTrader | 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 |
Due to the business model of many modern prop companies (where traders utilise simulated accounts), they may not be considered as financial services providers or investment firms. This means they do not fall under the regulation of Finanstilsynet or European financial regulations like the ESMA rules.
What you want to check is if the firm is legally registered in its home country. And does it adhere to anti-money laundering & KYC laws respectively?
Here, you want to choose firms with positive feedback on traders’ treatment, payout reliability, and their transparency in applying rules.
To make this assessment, check social media channels, trusted review platforms like TrustPilot for comments/testimonials from real/existing customers.
Remember to filter these platforms for honest and constructive inputs, and be cautious of repeated negative complaints.
Profit-split percentages vary by trading programs and firms. You can take home between 50% to 90% of the total reward. It is important you check the details of an account before you enrol.
Review their evaluation or challenge criteria. See if the expectations are realistic and suit your trading style. Ask yourself, can I achieve these targets with my technique? If your answer is yes, you proceed.
Is the trading software owned by a third-party (for instance, MetaTrader by MetaQuotes) or by the prop company (e.g RF-Trader by RebelsFunding)? The answer to this question matters because it can affect your trading experience and platform stability.
In-house platforms are built and equipped for the firm’s trading model. It means independence, smoother integration with account management, custom tools, more accurate performance tracking, and more.
It can easily be improved by the prop company based on traders’ feedback. Issues are handled faster without hurdles.
A well-developed internally-owned platform signals the firm’s commitment to innovation, trader support, and long-term investment.
RF-Trader is a great example. It is an advanced trading tool owned by RebelsFunding. It has everything to help you succeed in prop trading: it is integrated with TradingView charting. It has a live dashboard, risk management calculator, ask/bid charts and more.
Choose a company that offers responsive/friendly customer support and an active community.
A reliable support system means you can get the help you need quickly.
In addition, find a company with an engaging discord community where you can ask questions, learn more about the company, gain trading ideas, get direct feedback from pro traders, etc.
This kind of open/transparent environment shows the firm is genuinely invested in the success traders. It shows a culture of support and collaboration.
RebelsFunding is one of the proprietary firms that stands out for its exceptional customer services and vibrant community. It is rated as one of the most responsive. You can talk with a human agent within seconds. No AI. The company also has over 17k members in the discord community.
A prop firm demo account gives you a solid testing ground before committing any money. It gives you the opportunity to explore and assess the firm in real-time without financial risk.
As a Norwegian trader, it is recommended you go for prop firms that offer a free trial. This way you can check if their setup matches your strategy and style.
Yes, proprietary trading is legal in Norway.
Yes. Some firms offer beginner-friendly training programs. RebelsFunding, for example, has Copper 4 package specifically designed for amateur traders. It is also one of the cheapest challenge account in the industry.
Yes, most modern prop companies allow remote access. So you can trade with a firm abroad from the comfort of your home.
You can get your payment in NOK. All you have to do is choose a withdrawal method that allows you to receive NOK.
