We rank the top broker-backed prop firms using verified licenses, payout rules, fees, and trading conditions. FXIFY ranked #1 for its instant payouts, best rules, and FundedTrading Award recognition as Best Broker-Backed Prop Firm 2025. Hantec Trader also earned recognition as Best Prop Firm in Africa 2025, underscoring its strong presence in emerging markets.
Global FX turnover averaged $7.5 trillion per day in April 2022, underscoring the depth that broker infrastructure can tap for execution quality. Bank for International Settlements
FXIFY discount code: FT20 → 20% off all programs (Instant, Lightning, 1-, 2-, 3-Phase, Futures).
Hantec Trader discount code: FT10 → 10% off Express, Enhanced, and Instant Funding challenges.
How We Rank Broker-Backed Prop Firms
We score each firm on payouts, broker verification, costs, rules, platforms, and support. Scores are weighted and based on publicly verifiable sources.
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Payout speed and first-payout policy, 30%
We check first-payout eligibility, cadence, and any fast-payout add-ons. -
Broker verification and licenses, 25%
We verify the named broker and its regulator where possible, prioritising official pages or registries. -
Fees, pricing model, and transparency, 15%
We assess challenge fees, spread model (RAW vs all-in), and stated commissions. -
Rules and flexibility, 15%
We evaluate EAs, news/weekend trading, minimum days, and consistency rules. -
Platforms and markets, 10%
Platform choice, asset coverage, and futures availability. -
Support and education, 5%
Response patterns, help centres, and learning materials.
1. FXIFY (Best overall for instant payouts)
FXIFY ranks first for on-demand first payouts, flexible programs, and verified broker integration with FXPIG.
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First payout policy: FXIFY advertises on-demand payouts from the first funded trading day with no minimum days or targets.
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Broker-backed: Partnered with FXPIG, which states it holds a VFSC Principal’s License, company no. 014578.
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Programs: Instant Funding, Lightning, One-, Two-, and Three-Phase evaluations.
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Platforms: MT4, MT5, DXTrade; EAs, weekend and news trading allowed (per program page details).
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Why pick it: Fastest first payout mechanics among broker-backed peers, plus your FundedTrading Awards 2025 win.
Read our full FXIFY review with programs, payouts, and Trustpilot data.
Read our dedicated FXIFY Instant Funding review to see payout conditions, rules, and trader feedback.
2. Hantec Trader (Best low-cost entry with established broker)
Hantec Trader places second for accessible fees, simple rules, and a long-standing broker partner. It also earned our Best Prop Firm in Africa 2025 award.
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Broker-backed: Powered by Hantec Markets Ltd, licensed as an Investment Dealer by FSC Mauritius (C114013940).
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Payout cadence: Bi-weekly (14 days) by default, with a weekly (7 days) add-on now available.
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First payout on Instant Funding: As little as 7 days after your first trade (per program page).
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Programs & platforms: Express 1-step, Enhanced 2-step, Instant Funding on MT4/MT5 with clear drawdown rules.
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Coupon code: Use FT10 at checkout for 10% off any Hantec Trader challenge.
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Why pick it: Trusted broker lineage, flexible payout options, and straightforward evaluations without inflated costs.
Full Hantec Trader review → details on its Instant Funding, payout cycles, and Africa 2025 award.
3. FundedNext (Highest split with payout guarantee)

FundedNext ranks third for offering up to 95% profit splits and a 24-hour payout guarantee backed by FNMarkets.
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Broker-backed: Powered by FNMarkets, licensed by the Mwali International Services Authority (MISA), license no. BFX2024210.
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Payout cadence: Guaranteed within 24 hours; average processing ~5 hours across Stellar programs.
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Programs: Stellar One Step, Stellar Two Step, Stellar Lite, and Instant Funding. Options include add-ons for swap-free accounts, no minimum days, and bi-weekly payouts.
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Platforms: MT4, MT5, cTrader, Match-Trader.
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Why pick it: Best for traders chasing maximum profit splits and guaranteed payout timelines.
Detailed FundedNext review → see how FNMarkets powers its 95% profit splits.
For details on its brokerage partner, see our full FNMarkets review.
4. Fintokei (Fastest processing and large scaling)
Fintokei comes fourth for its fast average payout processing (~3h), education-first approach, and scaling to €4M.
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Broker-backed: Operates under the Purple Group, which includes Purple Trading (CySEC and FCA regulated entities). For prop services, they reference Purple Trading Seychelles as their brokerage partner.
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Scaling: Account sizes can scale up to €4,000,000 through tiered growth plans.
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Payout: Bi-weekly, with the site citing average processing of around 3 hours 4 minutes.
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Programs: SwiftTrader, ProTrader, StartTrader, each with different step structures and profit targets.
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Why pick it: Combines ultra-fast payout times with strong educational and community features, ideal for traders wanting long-term scaling.
Watch our full Fintokei video review for a complete breakdown of programs, payouts, and broker backing.
5. Blueberry Funded (Best for high scaling with broker-grade conditions)

Blueberry Funded ranks fifth for offering up to $2,000,000 in simulated capital, 80–90% profit shares, and Blueberry Markets’ award-winning broker conditions.
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Broker-backed: Partnered with Blueberry Markets, an ASIC-regulated broker operating under AFSL 403863 (via ACY Securities).
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Scaling: Accounts can grow to $2M with consistent performance and quarterly profit targets.
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Payout cadence: Bi-weekly payouts with typical processing times of 1–2 business days.
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Programs: 1-Step, 2-Step, and Rapid Challenges, plus a Stock Challenge for US equities. Fees start at just $35–$40, with refunds after first profit withdrawal.
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Markets & platforms: Over 1,100 instruments (forex, indices, commodities, crypto, stocks) tradable on MT4, MT5, DXTrade, and TradeLocker.
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Why pick it: Best suited for traders who want low-cost entry, multi-asset variety, and broker-grade infrastructure with higher scaling than most competitors.
Updated Blueberry Funded review → evaluation fees, spreads, and stock challenge conditions.
Broker-Backed Prop Firm Payouts Compared
Only FXIFY advertises on-demand payouts from day one. Others require waiting periods or phase completions before the first withdrawal.
Prop Firm | First Payout Eligibility | Processing Speed | Recurrence | Max Split |
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FXIFY | Same day, first funded trade | On-demand, often same day | On-demand / bi-weekly | 90% |
FundedNext | 5 days (Stellar 1-Step), 21 days (2-Step) | 24h guarantee, avg ~5h | Plan-based / bi-weekly add-ons | 95% |
Hantec Trader | After first funded trade | 1–2 business days | 14 days, weekly add-on | 90% |
Fintokei | After first +10% target | Avg ~3h | Bi-weekly | 95% |
Blueberry | Per program rules | 1–2 business days | Bi-weekly | 90% |
Verified Broker Licenses (2025)
We verified each broker partnership using regulator references or broker disclosures.
Prop Firm | Broker Partner | Regulatory Body | License ID / Reference |
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FXIFY | FXPIG | VFSC (Vanuatu) | Principal’s License, no. 014578 |
FundedNext | FNMarkets | Mwali/MISA | License BFX2024210 |
Hantec Trader | Hantec Markets Mauritius | FSC Mauritius | C114013940 |
Fintokei | Purple Trading Seychelles (Purple Group) | Seychelles FSA (group entity) | SD041 |
Blueberry | Blueberry Markets (ACY) | ASIC (Australia) | AFSL 403863 |
Why Broker Backing Matters for Traders
Broker-backed prop firms give traders access to regulated infrastructure, deeper liquidity, and faster execution compared to standalone firms.
1. Better execution and spreads
Broker-backed firms use live brokerage feeds instead of third-party markups. For example, FXIFY’s partner FXPIG offers raw spreads from 0.0 pips with STP execution, ensuring orders route directly to liquidity providers without b-booking.
2. Verified regulation
Partnerships with licensed brokers add a layer of security. Examples include:
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Blueberry Markets (ASIC, AFSL 403863)
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Hantec Markets Mauritius (FSC license C114013940)
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FNMarkets (Mwali/MISA license BFX2024210)
This verification helps protect traders in a largely unregulated prop trading space.
3. Liquidity depth for scalability
Broker connections improve fill quality. The CME Group reported a record 26.5 million contracts per day in 2024, underscoring futures market depth accessible through broker pipelines.
4. Trust through payouts
Broker oversight also supports payout reliability. Firms like FundedNext advertise a 24-hour payout guarantee, while FXIFY processed over 200,000 payouts worth $30M+ by 2025.
FAQs – Best Broker-Backed Prop Firms 2025
Is FXIFY legit?
Yes. FXIFY is legit and broker-backed by FXPIG, licensed under VFSC company no. 014578. It has paid out more than $30 million to traders by 2025.
Which broker-backed prop firm is best in 2025?
FXIFY ranks first thanks to on-demand first payouts, flexible evaluations, and its award as Best Broker-Backed Prop Firm 2025.
Is FundedNext a broker-backed prop firm?
Yes. FundedNext is powered by FNMarkets, licensed by Mwali/MISA (license BFX2024210). It offers up to 95% profit splits and a 24-hour payout guarantee.
Is Hantec Trader regulated?
Yes. Hantec Trader is backed by Hantec Markets Mauritius, regulated by the Financial Services Commission (FSC) Mauritius, license no. C114013940.
What’s the maximum funding available?
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Fintokei: up to €4,000,000 scaling.
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Blueberry Funded: up to $2,000,000 simulated.
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FXIFY: up to $450,000.
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FundedNext: up to $300,000 standard accounts.
Does FXIFY accept US clients?
Yes. FXIFY accepts US clients, unless restricted by local compliance rules. Always confirm via the country restrictions list before applying.
What is Performance Protect FXIFY?
Performance Protect in FXIFY is an add-on that lets you withdraw remaining earnings if you breach drawdown rules, protecting profits already made.