Introduction to the Best DXTrade Prop Firms
Are you looking to trade with greater capital and cutting-edge technology? The right DXTrade prop firm can give you instant funding, powerful trading tools, and the flexibility to execute your strategies effectively. DXTrade is known for its intuitive platform and advanced functionalities, making it a preferred choice for traders who demand precision and efficiency.
The top DXTrade prop firms stand out by offering fast funding, high profit splits, and scalable account options. Whether you’re a beginner or an experienced trader, these firms provide access to state-of-the-art trading tools, competitive pricing, and strategic growth opportunities.
In this guide, we’ll break down the best DXTrade prop firms of 2024, highlighting their key features, funding models, and trading advantages. Whether you’re looking for instant funding, flexible evaluation processes, or top-tier technology, this list will help you choose a firm that aligns with your trading style and goals.
What Are The Best DXTrade Prop Firms in 2024?
- Best for Comprehensive Support: Funded Trading Plus
- Best for Advanced Trading Platforms: Blue Guardian
- Best for Structured Scaling Plans: True Forex Funds
- Best for High Leverage Options: For Traders
- Best for Flexible Evaluation Processes: Instant Funding
1. Funded Trading Plus
Overview:
Based in the United Kingdom, Funded Trading Plus, under the leadership of CEO Simon Massey since November 2021, offers traders the flexibility of choosing between Instant, 1-step, and 2-step evaluations on platforms such as MT4 and MT5. With trading options ranging from $5,000 to $200,000 and scaling up to $2,500,000, the firm caters to a wide range of trading strategies and levels of experience.
Location:
United Kingdom
What Can You Trade:
- Forex
- Commodities
- Indices
- Crypto
Profit Share:
Up to 85%
Highlights:
- Instant Funding: Traders can start immediately with instant funding options, avoiding the typical evaluation delays found in other firms.
- Flexible Evaluations: Offers various evaluation paths including a simple 1-step with a 10% profit target, or a 2-step model aimed at consistent growth with 8% in Phase 1 and 5% in Phase 2.
- Scaling Potential: As traders demonstrate their skill and profitability, they have the opportunity to scale their trading capital significantly.
- Comprehensive Support: The firm provides robust support with dedicated account managers and a variety of trading platforms, accommodating various trading preferences and strategies.
Summary:
Funded Trading Plus is distinguished by its adaptive and trader-focused approach, allowing a broad spectrum of traders to find paths that suit their trading styles and goals. With high profit shares and flexible trading conditions, it establishes itself as a prime choice for traders aiming to maximize their potential in the prop trading arena.
Pros:
- Access to multiple trading platforms including MT4 and MT5.
- A high degree of flexibility in trading evaluations and capital scaling.
- Attractive profit share ratio, allowing traders to keep up to 85% of their earnings.
Cons:
- Limited by the use of traditional trading platforms, which may not satisfy traders seeking more innovative or varied platforms.
- The range of options and complexity of terms might be overwhelming for beginners.
2. Blue Guardian
Overview:
Based in the United Arab Emirates, Blue Guardian, led by CEO Sean Bainton, has been operational since June 2021. The firm supports traders with industry-standard tools on both MT4 and MT5 platforms and has partnerships with reputable brokers such as EightCap and Purple Trading Seychelles. Blue Guardian offers a versatile range of account sizes from $10,000 to $200,000, accommodating both emerging and experienced traders. They provide one-step and two-step evaluation processes with scalable leverage options, catering to diverse trading strategies.
Location:
United Arab Emirates
What Can You Trade:
- Forex
- Exotics
- Indices
- Gold & Commodities
- Cryptos
Profit Share:
Up to 85%
Highlights:
- Robust Platform Selection: Provides access to multiple trading platforms including DXTrade, cTrader, and MatchTrader, ensuring a comprehensive trading experience tailored to both conventional and cutting-edge trading strategies.
- Flexible Account Options: From modest beginnings to substantial capital management, the account sizes and leverage options (up to 1:100 on forex for the Unlimited package) are designed to suit various levels of trader expertise and risk tolerance.
- Strategic Partnerships: The collaboration with top-tier brokers ensures reliable liquidity and execution, enhancing the overall trading effectiveness.
- Dynamic Evaluation Paths: Offering one-step and two-step evaluation processes allows traders to select the progression system that best aligns with their trading style and goals.
Summary:
Blue Guardian is noted for its commitment to providing a solid foundation for traders through flexible trading conditions and robust support systems. Its strategic location in the UAE and partnerships with leading brokers reflect its global reach and dedication to excellence in the competitive field of proprietary trading.
Pros:
- Access to advanced trading platforms and tools.
- Various evaluation and scaling options to facilitate trader growth.
- Partnerships with top-tier brokers ensure high-quality trade execution.
Cons:
- The range of instruments might be overwhelming for new traders.
- High leverage options may not be suitable for all traders due to the increased risk.
3. MyFundedFX
Overview:
MyFundedFX is a prop trading firm that offers traders the opportunity to trade using simulated accounts, allowing them to prove their skills without risking personal capital. Based on a challenge-based evaluation process, traders can access up to $400,000 in simulated funds, with profit splits of up to 80% on net gains. The firm’s evaluation model includes multiple phases with flexible trading rules, no time limits, and various account sizes. MyFundedFX operates globally, serving traders in over 190 countries and paying out more than $10 million to its successful traders in 2024 alone.
Location:
United States
What Can You Trade:
MyFundedFX gives traders access to over 175 assets, including:
- Forex
- Indices
- Cryptocurrencies
- Commodities
This broad range of assets allows traders to diversify their strategies across multiple markets and trading styles, including scalping, hedging, and swing trading.
Profit Share:
Traders can earn up to an 80% profit split on their simulated net gains. With a growing scaling plan, profit splits can increase up to 95% for high-performing traders who demonstrate consistent profitability.
Highlights:
- Flexible Trading Rules: No style restrictions, allowing strategies like scalping, hedging, martingale, and more.
- No Time Limits: Traders can take as much time as needed to pass the challenge, with unlimited trading days.
- On-Demand Payouts: First payouts can be requested after just 5 days of trading with a minimum 6% profit target.
- Scaling Plan: Account balances increase by 25% every 3 months for traders who consistently meet profit targets.
Summary:
MyFundedFX provides a flexible and trader-friendly environment with simulated accounts of up to $400,000, no trading style restrictions, and profit splits up to 95%. The firm’s challenge-based approach, combined with a scaling plan and on-demand payouts, makes it an attractive option for both experienced traders and beginners aiming to prove their trading skills.
Pros:
- No time limits or minimum trading days for the challenge.
- Broad range of assets, including Forex, Indices, Crypto, and Commodities.
- Competitive profit splits of up to 95%.
- Supports various trading styles, including scalping and swing trading.
Cons:
- Simulated trading environment may not suit traders looking for live capital accounts.
- The 8% overall simulated loss limit requires disciplined risk management.
MyFundedFX positions itself as a leading prop firm with a focus on flexibility, profitability, and global accessibility. With generous profit-sharing and a diverse range of trading instruments, it is a great choice for traders looking to scale up their trading career without risking their own capital.
4. For Traders
Overview:
Previously known as Billions Club, For Traders, led by CEO Jakub Roz, operates from the UAE. Since its rebranding and inception over a year ago, the firm has been providing its clients with robust trading platforms like MetaTrader 4 and MetaTrader 5. The association with Purple Trading Seychelles enhances its offerings with competitive trading conditions. Offering account sizes ranging from $5,000 to $200,000, For Traders is equipped to serve a wide spectrum of traders, from novices to those handling substantial capital. Their two-step evaluation process demands an 8% profit target in Phase 1 and 5% in Phase 2, with a uniform maximum total drawdown of 9%.
Location:
United Arab Emirates
What Can You Trade:
- Forex
- Commodities
- Equities
- Indices
- Cryptocurrencies
Profit Share:
Up to 90%
Highlights:
- Advanced Leverage Options: During the Challenge Phase, forex traders enjoy a leverage of 1:125, which adjusts to 1:40 in the Funded Phase. Indices, stocks, and commodities offer a leverage of 1:20, providing substantial capital control.
- Comprehensive Trading Instruments: Traders can engage with a broad range of instruments including forex pairs, commodities, equities, indices, and cryptocurrencies, catering to a diverse trading preference.
- Structured Scaling Plan: Post successful Phase 2 completion, traders can escalate their account size by 25% every four months, potentially reaching up to $1.5 million, promoting significant growth opportunities without the imposition of minimum profit requirements.
Summary:
For Traders distinguishes itself with a clear focus on scalable trading solutions and diverse instrument offerings. Coupled with strategic broker partnerships and flexible leverage during different phases of trading, it stands out as a formidable entity in the prop trading landscape, offering tailored solutions to foster trader development and success.
Pros:
- Offers a wide variety of trading instruments and competitive leverage options.
- Flexible account sizes suitable for both new and experienced traders.
- The opportunity for significant account scaling based on performance.
Cons:
- The reduction in leverage from the Challenge to the Funded Phase may affect trading strategies.
- A maximum drawdown of 9% might be restrictive for some trading styles.
5. Instant Funding
Overview:
Instant Funding, a proprietary trading firm from the United Kingdom, has been operational for a year. It supports trading on both the MT4 and MT5 platforms and partners with ThinkMarkets as its broker. The firm caters to a wide range of traders by offering account sizes from $1,250 to $200,000. It has a diverse evaluation process, including Instant, 1 Step, and 2 Step evaluations, with varying profit targets depending on the evaluation phase. A maximum total drawdown of 10% is maintained across all challenges, and traders can engage in trading assets like FX, Commodities, Indices, and Cryptocurrencies.
Location:
United Kingdom
What Can You Trade:
- FX (Forex)
- Commodities
- Indices
- Cryptocurrencies
Profit Share:
Varies by account type and challenge phase
Highlights:
- Flexible Evaluation Processes: Offers Instant, 1 Step, and 2 Step evaluations to accommodate different trading strategies and experience levels.
- High Leverage Options: Provides up to 100:1 leverage on Forex, enhancing potential returns.
- Comprehensive Asset Range: Traders have access to a broad range of assets, including major, minor, and exotic FX pairs, precious metals like Gold and Silver, and significant global indices.
Summary:
Instant Funding is tailored to meet the needs of diverse trading styles with its flexible evaluation processes and a wide range of trading instruments. Its partnerships and technological platform provide a reliable and dynamic trading environment. The firm’s structured scaling plan further incentivizes successful traders by allowing them to progressively increase their account sizes.
Pros:
- Offers a broad range of account sizes and trading instruments.
- High leverage options which can maximize trading opportunities.
- Structured scaling plan that rewards successful trading performance.
Cons:
- The maximum drawdown limit might be restrictive for some trading strategies.
- The complexity of multiple evaluation processes might be confusing for new traders.
Benefits of Trading with a DXTrade Prop Firms
If you’re serious about trading and want access to more capital, better technology, and a structured growth path, a DXTrade prop firm could be the perfect fit. These firms offer traders the opportunity to trade with company funds, keeping risk low while maximizing profit potential. Here’s why they’re worth considering:
1. Get Funded Quickly
Unlike traditional trading, where you need to build up your own capital, prop firms let you trade with their money. DXTrade prop firms are known for their fast approval processes, meaning you can start trading almost immediately instead of waiting weeks to get funded.
2. Use Advanced Trading Tools
DXTrade is a modern trading platform that offers fast execution, powerful charting tools, and a clean user interface. Many prop firms that use DXTrade provide extra tools, analytics, and custom features that can help you make better trading decisions.
3. Trade Without Risking Your Own Money
One of the biggest advantages of prop firms is that you’re not trading with your own savings. Instead of putting thousands of dollars on the line, you trade with the firm’s capital. If you’re profitable, you keep a percentage of your earnings—often up to 85-95%. If not, you don’t lose your own money.
4. Keep a Large Share of Your Profits
Many DXTrade prop firms offer high profit splits, meaning you keep the majority of what you make. Some firms offer up to 95% of profits, making it one of the most attractive ways to scale as a trader without needing huge personal investments.
5. Trade Your Way
Whether you prefer day trading, swing trading, scalping, or algo trading, most DXTrade prop firms let you trade however you want. Unlike some firms that restrict strategies, many DXTrade prop firms support:
- Scalping & high-frequency trading
- Swing trading with flexible time limits
- Automated & algorithmic strategies
6. Scale Up Over Time
Once you prove you can trade profitably, many firms increase your capital allocation. Some allow you to grow your account up to $1 million or more if you consistently meet profit targets. This means your income potential grows without needing additional personal investment.
7. Access to Global Markets
DXTrade prop firms typically offer access to a wide range of financial instruments, including:
- Forex (Major & minor currency pairs)
- Indices (NASDAQ, S&P 500, FTSE 100, etc.)
- Commodities (Gold, Oil, Silver)
- Cryptocurrencies (Bitcoin, Ethereum, etc.)
This lets you diversify your trading and take advantage of market opportunities worldwide.
8. Learn and Improve with a Trading Community
Many of the best DXTrade prop firms provide educational resources, coaching, and trader communities where you can learn from others. Whether through Discord groups, live webinars, or mentorship programs, you’ll have access to experienced traders who can help you refine your strategy.
In Conclusion
Our examination of the top DXTrade prop firms has highlighted that each firm provides unique advantages designed to cater to various trading needs. These firms excel due to their sophisticated trading platforms, such as DXTrade, offering robust leverage options, and a diverse range of instruments, all aimed at enhancing a trader’s success in the financial markets. Here’s a breakdown of how the top DXTrade prop firms excel based on their standout features:
- Top Overall for Rapid Funding and Strategic Flexibility: Funded Trading Plus
- Best for Advanced Trading Tools and Market Access: Blue Guardian
- Ideal for Adaptable Trading Conditions and Scaling Opportunities: True Forex Funds
- Premier Choice for Comprehensive Leverage and Trading Instruments: For Traders
- Outstanding for Personalized Support and Diverse Evaluation Options: Instant Funding
This summary is crafted to assist traders in selecting a DXTrade prop firm that aligns best with their specific trading preferences and goals. It’s crucial for traders to evaluate what’s important to them, such as the range of instruments available, preferred trading strategies, and their long-term career objectives, when choosing a suitable prop firm.
