Prop Firms In Germany - February 2024 (2024)

Prop trading firms are a perfect opportunity to capitalize on success trading a prop firm’s capital.

Prop traders primarily work remotely from across the world, which provides a much higher degree of flexibility than a regular 9-5 job does. However, only some prop firms are available in any country in the world due to local regulations and restrictions.

That’s why I have completed this list of the best prop trading firms in Germany for your convenience.

Best Prop Firm in Germany

Let’s start with the best proprietary trading firm in Germany.

TopStep

  • Rating: 4.9/5
  • Prop Firm Type: Futures prop firm
  • Tradable Instruments: Futures contracts
  • Funded Account Sizes: $50,000 - $2,000,000
  • Profit Split / Profi Share: Trader keeps up to 100% of profits
  • Platforms: TopstepX, NinjaTrader, Quantower, 13 others

All Prop Trading Firms in Germany

Besides the best prop trading firm in the Germany, various other firms accept traders in your country. I’ve added details like ratings, prop firm type, trading challenge types, profit split, and costs.

#Prop FirmRatingTypeProfit SplitPlatformsAccount SizesChallenge TypesDealVisit
1TopStep
Prop Firms In Germany - February 2024 (2)
★★★★★ Futures90%-100%TopstepX, NinjaTrader, Quantower, TradingView, 10+ more$50K - $150K1-Step70% OffVisit Site
2Earn2Trade
Prop Firms In Germany - February 2024 (3)
★★★★★ Futures80%NinjaTrader, Finamark, R|Trader, 10+ more$25K - $200K1-Step, 2-StepNoVisit Site
3FTMO
Prop Firms In Germany - February 2024 (4)
★★★★★ Forex80%MetaTrader 4, MetaTrader 5, cTrader, DXtrade$10K - $200K2 StepNoVisit Site
4SurgeTrader
Prop Firms In Germany - February 2024 (5)
★★★★★ Forex75%-90%MetaTrader 4, MetaTrader 5$25K - $500K1-Step, 2-StepNoVisit Site
5FundedNext
Prop Firms In Germany - February 2024 (6)
★★★★★ Forex60%-90%MetaTrader 4, MetaTrader 5$6K - $200K1-Step, 2-StepNoVisit Site
6The5ers
Prop Firms In Germany - February 2024 (7)
★★★★★ Forex50%-100%MetaTrader 5$5K - $100K1-Step, 2-Step, InstantNoVisit Site
7Trade The Pool
Prop Firms In Germany - February 2024 (8)
★★★★★ Stocks50%-80%Trader Evaluation$20K - $260K1-StepNoVisit Site
8Apex Trader Funding
Prop Firms In Germany - February 2024 (9)
★★★★★ Futures90%-100%NinjaTrader25K - 300K1-StepNoVisit Site
9The Funded Trader
Prop Firms In Germany - February 2024 (10)
★★★★★ Forex80%-90%MetaTrader 4, MetaTrader 5$5K - $400K1-Step, 2-StepNoVisit Site
10TradeDay
Prop Firms In Germany - February 2024 (11)
★★★★★ Futures90%-100%NinjaTrader, TradingView$10K - $250K1-StepNoVisit Site
11Elite Trader Funding
Prop Firms In Germany - February 2024 (12)
★★★★★ Futures90%-100%NinjaTrader, TradingView$10K - 300K1-StepNoVisit Site
12FXIFY
Prop Firms In Germany - February 2024 (13)
★★★★★ Forex75%-90%MetaTrader 4, MetaTrader 5$15K - $400K1-Step, 2-StepNoVisit Site
13UProfit
Prop Firms In Germany - February 2024 (14)
★★★★★ FuturesNot disclosedNinjaTrader, R|Trader$9K - $200K1-StepNoVisit Site
14Finotive Funding
Prop Firms In Germany - February 2024 (15)
★★★★★ Forex75%-95%MetaTrader 5$2.5K - $200K1-Step, 2-Step, InstantNoVisit Site
15True Forex Funds
Prop Firms In Germany - February 2024 (16)
★★★★★ Forex80%MetaTrader 4, MetaTrader 5$10K - $200K1-Step, 2-StepNoVisit Site
16Skilled Funded Traders
Prop Firms In Germany - February 2024 (17)
★★★★★ Forex80%-90%MetaTrader 4, MetaTrader 5$5K - $200K2-StepNoVisit Site
17FunderPro
Prop Firms In Germany - February 2024 (18)
★★★★★ Forex80%TradeLocker$25K - $200K2-StepNoVisit Site
18FundingPips
Prop Firms In Germany - February 2024 (19)
★★★★★ Forex80%-90%MetaTrader 5$5K - $100K2-StepNoVisit Site
19City Traders Imperium
Prop Firms In Germany - February 2024 (20)
★★★★★ Forex50%-100%MetaTrader 5$2.5K - $100K1-Step, 2-Step, InstantNoVisit Site
20Ment Funding
Prop Firms In Germany - February 2024 (21)
★★★★★ ForexNot disclosedNot disclosed$25K - $2M1-StepNoVisit Site
21Audacity Capital
Prop Firms In Germany - February 2024 (22)
★★★★★ Forex50%MetaTrader 4, MetaTrader 5$15KInstantNoVisit Site
22OFP Funding
Prop Firms In Germany - February 2024 (23)
★★★★★ Forex26%-80%MetaTrader 4, MetaTrader 5$5K - $100KInstant DemoNoVisit Site
23Funded Trading Plus
Prop Firms In Germany - February 2024 (24)
★★★★★ Forex80%MetaTrader 4, MetaTrader 5$5K - $200K1-Step, 2-Step, InstantNoVisit Site
24OneUp Trader
Prop Firms In Germany - February 2024 (25)
★★★★★ Futures90%-100%NinjaTrader$25K - $250K1-StepNoVisit Site
25Lux Trading Firm
Prop Firms In Germany - February 2024 (26)
★★★★★ Forex75%The Lux Trader, MetaTrader 5$25K - $1M2-StepNoVisit Site
26Fidelcrest
Prop Firms In Germany - February 2024 (27)
★★★★★ Forex80%-90%MetaTrader 4, MetaTrader 5$15K - $1M2-StepNoVisit Site
27Bulenox
Prop Firms In Germany - February 2024 (28)
★★★★★ Futures90%-100%NinjaTrader$10K - $250K1-StepNoVisit Site
28FTUK
Prop Firms In Germany - February 2024 (29)
★★★★★ Forex80%MetaTrader 4, MetaTrader 5$14K - $90K1-Step, InstantNoVisit Site
29InstantFunding.io
Prop Firms In Germany - February 2024 (30)
★★★★★ Forex70%-90%MetaTrader 4, MetaTrader 5$1.25K - $200K1-Step, 2-Step, InstantNoVisit Site
30Maven Trading
Prop Firms In Germany - February 2024 (31)
★★★★★ Forex80%MetaTrader 5$2K - $200K1-Step, 2-StepNoVisit Site
31Bespoke Funding Program
Prop Firms In Germany - February 2024 (32)
★★★★★ Forex80%MetaTrader 4, MetaTrader 5$10K - $400K2-StepNoVisit Site

How To Choose a Prop Trading Firm

When you are undecided about which prop trading firm to choose, extend your due diligence method by taking a closer look at the specific terms and conditions of the firm:

  1. Review the prop trading firm’s terms and especially the profit-sharing structure carefully. It’s vital to understand how much of your generated profits you can withdraw to your bank account versus what percentage the firm keeps. A profit slit of 80% or 80/20 means that the prop trader is entitled to withdraw 80% of the profits made.
  2. Consider funding account sizes and whether a paper trading account is offered. Look for prop firms that allow you to start with smaller accounts or provide access to paper trading to practice your strategies. Trading with paper money reduces the stress level and provides a risk-free time to practice trading and test strategies.
  3. Evaluate which financial markets and securities you can trade. Your favorite prop firm should give you flexibility in trading the instruments and markets you want to focus on, such as stocks, forex, futures, or options. Being unrestricted in your trading opportunities enables you to capitalize on different trends in different markets.
  4. Make sure the firm provides you with powerful trading platforms, real-time market data and helpful analytical tools. With the appropriate technology and data resources, it will be easier to conduct research and execute trades efficiently. A good prop shop invests in the tools its traders require.
  5. Check detailed reviews from various sources and talk to other prop traders about their experiences with a firm. Ask about things like funding requirements, customer service quality, speed of the trading platform and order execution, problems they faced and more. Getting honest feedback helps you avoid potential issues and quickly identify legitimate prop firms.

How We Evaluated and Rated the Prop Firms for Germany

First, we verified which prop trading firms accept traders from your country. Then, we ranked them based on factors like:

User Ratings: What ratings does a prop firm get on various rating websites like Trustpilot and other independent reviewers?

Costs: What are the costs and fees, and how do they relate to the potential outcome?

Profit Split: How much money can a prop trader withdraw to his bank account or keep to grow the account further (also known as profit share)?

Tradeable Financial Instruments: What type of assets and instruments are tradeable (e.g., stocks or forex pairs), and how many of a group of instruments can be traded (e.g., 100 different forex pairs, 30 futures contracts, etc.)?

Trading Platforms: What trading platforms are available to trade with?

Customer Support: How can prop traders contact the support team to get help when having questions?

Product Innovation: Does the prop trading firm have innovative ideas and tools that help their traders become more successful?

Which Financial Instruments Can You Trade With a Prop Firm

If you want to become a prop trader to trade from Germany, you can select between two main types of prop firms – prop firms for futures trading and prop firms for forex trading. While those two types dominate the proprietary trading firm market right now, some prop firs already focus on trading stocks or cryptocurrencies.

Instruments you typically trade with a prop firm that specializes in futures trading:

As a futures prop trader, you focus on trading futures contracts listed on U.S. futures exchanges, such as CBOT, COMEX, CME, and NYMEX. More specifically, here are the future contract types that can be traded:

  • Equity Futures
  • Forex Pair Futures
  • Interest Rate Futures
  • Energy Futures
  • Metals Futures
  • Agricultural Futures
  • Crypto Futures

Instruments you typically trade with a pro firm that specializes in forex prop firm:

As a forex prop trader, you focus on trading forex pairs, such as EUR/USD or USD/JPY. Something unique about forex-focused prop firms is that most of them let you also trade other assets based on contracts for difference (CFDs) besides forex pairs, like:

  • Indices
  • Stocks
  • Metals
  • Commodities
  • Cryptocurrencies

Funded Account Sizes for Prop Traders in Germany

Funded account sizes can be as low as $5,000. However, they can also go into the millions of trading capital and buying power. A regular trading challenge, on average, starts with a $25,000 account (due to the well-balanced ratio between costs and potential earnings), and larger account sizes can typically be reached through scaling.

Scaling is different from prop firm to prop firm. Some firms double your position size for every 10% in profits, others at a faster or slower pace. The more successful you are, the bigger the account size and buying power of the portfolio becomes.

As a prop trading beginner, it’s an excellent approach to start with smaller account sizes to find out if this type of trading is right for you. This way, you keep the costs low, and you learn without pressure.

Prop Firm Platforms to Trade With

When it comes to available trading platforms, you have to separate the market once again by the two leading prop firm industries: the prop firms focusing on futures trading and the ones focusing on forex trading.

Futures trading-focused prop firms use mainly leading platforms in the futures trading segment, which are NinjaTrader, Quantower and Tradovate.

In contrast, forex prop firms typically use MetaTrader as their top platform in the versions MetaTrader 4 and MetaTrader 5.

Advantages of Germany Prop Firms

  • Reasonable prop firm fees.
  • Wide range of tradeable financial assets available.
  • No personal capital is required to fund a trading account.
  • Scaling plans can scale account sizes into the millions.

Disadvantages of Germany Prop Firms

  • The terms and conditions vary between prop firms, and it is necessary to gain awareness of the exact regulations before starting.
  • It can be challenging for beginners to trade by the rules without breaking them.
  • Lower-priced funded accounts can be less advantageous when it comes to profit splits.
Prop Firms In Germany - February 2024 (2024)

FAQs

Is FTMO legal in Germany? ›

Forex trading through a proprietary trading firm (prop firm) like FTMO is generally legal for German citizens. However, there are some important considerations and regulatory aspects to be aware of: Regulation: Forex trading and participation in prop trading firms are regulated activities in Germany.

What is the most popular prop firm? ›

The Forex Funder is among the most popular prop trading firms globally. The UK-based prop firm offers a 1-step and 2-step evaluation process, which allows traders to choose the most suitable one based on their experience and strategy.

Can you make a living as a prop trader? ›

As a result, anyone can be profitable as a prop trader because profitability is linked to their experience and skills, strategy, and ability to generate gains by trading in the market with the firm's capital.

Is prop trading worth it? ›

Prop trading is worth it, although it's not recommended to invest more than you can afford to lose. Prop trading is suitable for beginner traders who don't have enough capital to start their journey.

Why is FTMO banned in USA? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

What is the best prop firm for 2024? ›

#1 – Funder Trading

Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

What is the best prop trading firm in 2024? ›

Quick Look: Best Prop Trading Firms
  • Best for Beginner Futures Traders: Apex Trader Funding.
  • Best for Experienced Traders: FXIFY.
  • Best for Stock Traders: Trade the Pool.
  • Best for Experienced and Beginner Forex, Indices and Metal Traders: The 5ers.
  • Best for All Futures Traders: BluSky.

What prop firm has the fastest payout? ›

Funding Traders offers some of the fastest, most flexible payout terms in the industry. As a funded trader yourself, this industry-leading prop firm empowers you to maximize profits and get paid faster.

Can you live off prop firms? ›

Yes, as a funded trader with True Forex Funds, it is possible to make a living from prop trading firms. Proprietary trading firms, or prop firms, often provide traders with the opportunity to trade with the firm's capital, allowing them to access larger trading positions and potentially increase their profits.

Do prop firms actually payout? ›

Yes, reputable proprietary trading firms do indeed pay traders for their profits. While there are scams out there, it's essential to differentiate them from legitimate firms.

Can traders be millionaires? ›

In conclusion, while it is possible to become a millionaire through forex trading, it is not a guaranteed path to wealth. Achieving such financial success requires a combination of education, skills, strategies, dedication, and effective risk management.

What are the negatives of prop firms? ›

Foreign Exchange Specialist at FTMO.
  • Strict Risk Management Rules and Trading Guidelines: ...
  • Profit Sharing: ...
  • Profit Targets During the Evaluation Period: ...
  • Limited Control Over Capital and Payouts: ...
  • Lack of Regulatory Oversight: ...
  • High Leverage and Margin Requirements: ...
  • Financial Risk and Capital Exposure:
Feb 11, 2024

What is the success rate of prop traders? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

What is the success rate of prop firms? ›

The Success Rate Of Prop Firm Traders

Therefore, the assertion that about 95% of traders fail is not far from being true! We can then conclude that there is only about a 5% success rate among prop firm traders.

Is forex trading allowed in Germany? ›

It's important to note that while forex trading is legal and regulated in Germany, it also carries a certain level of risk. Therefore, traders should approach the market with care, use appropriate risk management strategies, and consider their risk tolerance when trading in the forex market.

Which forex broker is best for Germany? ›

Intro and winners
  • Saxo Bank is the best forex broker in Germany in 2024 - Massive number of currency pairs. ...
  • Fusion Markets - One of the lowest commissions on the market. ...
  • Global Prime - Low forex fees. ...
  • IC Markets - Low FX commission and tight spreads. ...
  • Pepperstone - Low FX commission and tight spreads.
Mar 28, 2024

Can I use forex card in Germany? ›

While staying in Germany, you will require a prepaid Forex card for managing expenses like paying utility bills, shopping, payment of tuition fees etc. A lot of banks offer Forex cards supporting the EUR currency. Check some of the best Forex Cards to use in Germany below.

What country is FTMO in? ›

The address is Prague 1, Purkynova str. 2121/3, 110 00, Czech Republic, you'll find us at the top of the Quadrio office building If you wish to visit us, let us know in advance so we can inform our reception and we will be happy to meet up with you and show you around.

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