Learn all about the features, pricing, and the pros and cons of the best financial products and services on the market.
Explaining complex financial terms in a way that the average Joe and Jane can understand.
Advertiser Disclosure: Fortunly.com is an independent review site dedicated to providing accurate information about various financial and business-related offers. Fortunly.com remains financially sustainable by participating in a series of affiliate partnerships – it’s visitors’ clicks on links that cover the expenses of running this site.
How and where the offers appear on the site can vary according to the partnership terms. Affiliate partnerships may affect where a particular product is listed within a review, but they don’t affect the review’s content in any way.
Fortunly.com’s in-house writing team writes all the site’s content after in-depth research, and advertisers have no control over the personal opinions expressed by team members, whose job is to stay faithful to the truth and remain objective.
Our pages may include reviews of products or services for which we do not receive commission and are not tied to affiliate partnerships; information included in these reviews has been solely collected by Fortunly.com and has not been reviewed or provided by the issuer of this product or service. Product/service details may vary. Please see the issuer’s website for current information.
The Fortunly.com website does not include reviews of every single company offering loan products, nor does it cover all loan offers or types of financial products and services available.
The rapid rise of cryptocurrencies and their growing integration into the financial systems has ushered in some massive shifts in the proprietary trading landscape as well. These days, many established and new companies are allowing trading in cryptocurrency, which is why we decided to compare the market’s leading trading firms.
Fortunly’s Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
FundedNext is a well-known name in the proprietary trading world, and the firm has just recently launched its Crypto Trading feature. Crypto trading on FundedNext is open 5 days a week, and currently allows you to trade in a number of cryptocurrencies, including BTC and ETH. With a secure and easy-to-use trading platform, a Dedicated Account Manager feature, wealth of educational tools and a flexible evaluation model, it is a great choice whether you’re just starting or you’re already experienced as a trader.
Fortunly’s Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
HyroTrader is one of the very few proprietary trading firms focused solely on cryptocurrencies. Through the partnership with ByBit and CLEO, it allows traders to trade in over five hundred crypto futures pairs, while also providing the ability to get cashback amounting to up to 30% of maker/taker fees. The firm also regularly hosts tournaments with rewards of up to $100,000, and has a fantastic mentorship program, making it a solid choice for beginners and skilled traders alike.
Fortunly’s Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
The brainchild of Wall Street maven Stan G., Funding Traders emerged in 2023 with a clear mandate: to democratize trading access by equipping novices with necessary capital and foundational knowledge. Their trading umbrella encapsulates forex, indices, stocks, metals, and cryptocurrencies, with the crypto trading avenue being particularly facilitated through a partnership with Coinbase Commerce, albeit under certain conditions.
Fortunly’s Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
The Trading Pit, grounded in Real Futures and CFD trading, is progressively broadening its scope. Currently, their crypto engagement is limited to Forex (CFD's) Challenges, featuring pairs such as BTCUSD and ETHUSD. The firm plans to launch its Real Crypto trading Challenges by early 2024. Their trading parameters dictate a standard account margin of 50% and a more lenient 35% for professional accounts, with trading amounts ranging from 0.01 to a maximum of 10.
Fortunly’s Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
BrightFunded was founded in 2023 in Amsterdam, and is accepting of traders worldwide, including the US. The firm offers some 35 different cryptocurrency pairs to trade with, making it the premiere spot when it comes to the amount of options available. The industry-high leverage on crypto trades and an infinite scaling plan, along with a fantastic loyalty program and high profit splits cement BrightFunded as one of the leading trading firms on the market.
Fortunly’s Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
Founded in 2021, Funded Trading Plus (FT+) is one of the fastest-rising proprietary trading firms today. It welcomes traders from over 165 countries worldwide, and has a highly customizable, trader-centric offer. There is only a one-time fee required, which gets refunded on your first withdrawal, and you can get up to 100% in profit splits by proving your skills and meeting the profit requirements. The firm also allows you to get instant access to a funded account and skip the evaluation process, while also allowing you to make payouts every three days and trade with a 90% profit split from the start.
Fortunly’s Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.
Established in Prague in 2014, FTMO has firmly entrenched itself as a formidable entity in a highly competitive market. FTMO provides its traders with the option to trade with the current top 10 cryptocurrencies, which include coins like Bitcoin, Ethereum, and Litecoin. The firm's commitment to fostering trader growth is accentuated by its wealth of online resources and instructive webinars.
FundedNext – Best for ease of use
HyroTrader – Best for pure cryptocurrency-focused prop trading
The Trading Pit – Best educational and mentorship support
FTMO – Best customer support
Funding Traders – Best for crypto payouts
Think of crypto prop trading firms as the bridge between Wall Street’s trading floors and Silicon Valley’s crypto innovation labs.
Traders leverage the firm’s sizable capital to engage in trades, circumventing the need for personal investment. The trade-off is a slice of the profit pie that goes back to the firm.
Crypto prop trading firms provide a significant advantage to traders in the form of capital. A trader’s potential is often bottlenecked by the limits of their own financial means. However, with the backing of a prop trading firm, their horizons are expanded exponentially.
A small-time trader can wield capital that multiplies their trading capacity, thereby increasing the potential for larger profits.
These firms also bring forth a treasure trove of resources, be it in the form of sophisticated trading tools, research, or mentorship. Such infrastructure can prove pivotal in navigating the volatile crypto markets.
Here are the main things to conside before opting for a firm:
Regulatory waters around crypto activities can be murky, with changes being the only constant. Crypto proprietary trading is generally considered legal, but it’s paramount to also choose a firm that sails these waters with a clear legal compass, ensuring compliance at every turn.
Some of the main advantages of crypto prop firms include:
The disadvantages that can come with crypto prop trading are:
Joining a crypto prop trading firm requires a combination of diligent research, skill development, and adept communication.
Behind the Fortunly name stands a group of enthusiasts – connoisseurs of all things financial – united around a single mission: to make the complicated world of money accessible to everyone.
Advertiser Disclosure: Fortunly.com is an independent review site dedicated to providing accurate information about various financial and business-related offers. Fortunly.com remains financially sustainable by participating in a series of affiliate partnerships – it’s visitors’ click on links that cover the expenses of running this site.
How and where the offers appear on the site can vary according to the partnership terms. Affiliate partnerships may affect where a particular product is listed within a review, but they don’t affect the review’s content in any way.
Our pages may include reviews of products or services for which we do not receive commission and are not tied to affiliate partnerships; information included in these reviews has been solely collected by Fortunly.com and has not been reviewed or provided by the issuer of this product or service. Product/service details may vary. Please see the issuer’s website for current information.
Fortunly.com’s in-house writing team writes all the site’s content after in-depth research, and advertisers have no control over the personal opinions expressed by team members, whose job is to stay faithful to the truth and remain objective. The Fortunly.com website does not include reviews of every single company offering loan products, nor does it cover all loan offers or types of financial products and services available.
