6 Best Dubai Prop Firms in 2024

Introduction

Are you searching for the best Dubai prop firms to boost your trading career in 2024? This guide has you covered. We’ve pinpointed the top Dubai prop firms with advanced trading platforms, flexible account sizes, and excellent profit-sharing structures. These firms are well-equipped to help you succeed in today’s dynamic and competitive trading landscape.

Best Dubai Prop Firms

1. AquaFunded – Best for No Commission Trading
2. Accelerated Prop Group (APG) – Best for Flexible Funding Options and Cutting-Edge Technology
3. FundingTraders – Best for Educational and Support Systems
4. FundedNext – Best for Frequent Payouts and High Profit Shares
5. Blue Guardian – Best for Flexible Trading Conditions
6. City Traders Imperium – Best for Structured Growth and Scaling Opportunities

1. AquaFunded

Overview:

Led by CEO Jason Blax, AquaFunded was established in December 2023 in the United Arab Emirates. This new prop trading firm partners with brokers like FinesseFX and Purple Trading Seychelles and offers trading on platforms such as DXtrade and cTrader. It provides trading opportunities in Forex, Indices, Commodities, and Crypto with varying leverage, highlighted by a Forex leverage of 1:100. AquaFunded promotes a high profit share of up to 90% and supports commission-free trading across all trading pairs.

Location:

United Arab Emirates

What Can You Trade:

• Forex
• Indices
• Commodities
• Crypto

Profit Share:

Up to 90%

Highlights:

• No commission on any trades, offering ECN spreads.
• Offers a high leverage of up to 1:100 for Forex and more conservative leverages for other markets.
• Utilizes modern trading platforms like DXtrade and cTrader.
• Features a structured challenge system with clear profit targets and risk parameters, facilitating progressive trader growth.

Summary:

AquaFunded is characterized by its modern approach to prop trading, focusing on technological integration and trader support. It caters to various trading styles with its diverse account offerings and flexible trading conditions. The firm’s commitment to no commission fees and high-leverage options makes it attractive for traders looking for growth and substantial profit-sharing.

Pros:

• Access to multiple trading platforms.
• High profit share of up to 90%.
• Flexibility in trading various instruments with competitive leverage options.
• Commission-free trading enhances profitability.

Cons:

• As a newly established firm, it might lack the historical trust and track record of more established competitors.

2. Accelerated Prop Group

Overview:

Accelerated Prop Group (APG) is dedicated to empowering traders to achieve financial independence. APG provides a comprehensive platform combining cutting-edge technology, flexible funding options, and unrivalled support. Their mission is to help traders thrive in the dynamic world of finance by offering a platform that integrates seamlessly with trading strategies.

Location:

United Arab Emirates

What Can You Trade:

• Forex
• Stocks
• Indices
• Commodities
• Cryptocurrencies

Profit Share:

Up to 90%

Highlights:

• Flexible funding options tailored to traders’ skills and goals.
• Access to advanced trading platforms like MetaTrader 5.
• A structured scaling plan for progressive growth.
• Dedicated support from trading experts available via email, phone, or live chat.
• Profit-sharing up to 90% with potential for scaling based on performance.
• Unique Evaluation and Accelerated challenges tailored to discover trading talents.

Summary:

APG is known for its commitment to redefining the funding process by offering innovative, flexible, and transparent solutions. Focusing on empowering traders through technology and support, APG stands out as a firm dedicated to helping traders succeed. Its unique challenges and profit-sharing model make it an attractive choice for traders seeking substantial growth.

Pros:

• Access to a wide range of trading instruments.
• High profit share of up to 90%.
• Comprehensive support and educational resources.
• Advanced trading technology that suits both novice and experienced traders.

Cons:

As a newly established firm, it may lack the historical track record of more established competitors.

3. FundingTraders

Overview:

FundingTraders, led by CEO Stan, was established in April 2023 in the United Arab Emirates. This prop trading firm provides access to trading platforms such as TradeLocker and MetaTrader 5, allowing traders to engage with instruments like FX, Crypto, Stocks, Indices, and Metals. The firm emphasizes a robust support system that includes mentorship and educational resources to foster trader success in the competitive FX market. With a Trust Pilot rating of 4.5, FundingTraders is committed to empowering traders to reach their full potential by equipping them with the necessary resources and capital.

Location:

United Arab Emirates

What Can You Trade:

• FX (Forex)
• Crypto (Cryptocurrencies)
• Stocks
• Indices
• Metals

Profit Share:

90%

Highlights:

• Offers a diverse range of trading instruments and competitive leverage options.
• Focuses on trader development through comprehensive educational and mentorship programs.
• Utilizes advanced trading platforms to accommodate various trading strategies.

Summary:

FundingTraders stands out for its dedicated approach to supporting traders through comprehensive education and mentorship, helping them navigate and succeed in the dynamic world of forex trading. Its commitment to providing essential resources and capital makes it a promising firm for traders aiming for substantial growth.

Pros:

• Access to multiple asset classes and advanced trading platforms.
• Strong educational and support system to enhance trader proficiency and success.
• Good leverage options catering to different trading preferences.

Cons:

• As a relatively new firm, it may not yet have the established track record of longer-running competitors.

4. FundedNext

Overview:

FundedNext, under the leadership of CEO Abdullah Jayed, was established in March 2022 in the United Arab Emirates. The firm operates on platforms such as MT4, MT5, and cTrader, partnering with various liquidity providers. With a Trust Pilot rating of 4.6, FundedNext offers diverse trading options including FX, Crypto, Stocks, Indices, and Metals. The firm is noted for its structured trading challenges, which cater to different levels of trader expertise and risk tolerance.

Location:

United Arab Emirates

What Can You Trade:

• FX (Forex)
• Crypto (Cryptocurrencies)
• Stocks
• Indices
• Metals

Profit Share:

• Profit split up to 80%, plus additional 15% from challenge phase profits

Highlights:

• Access to multiple trading platforms including MT4, MT5, and cTrader.
• Competitive leverage options across various instruments.
• Various account options and structured challenge phases to suit different trading strategies and goals.
• Commission of $3 per round lot for Forex trading.
• Frequent payouts, initially every 30 days followed by every 14 days.

Summary:

FundedNext is known for its commitment to providing traders with the necessary tools and support to excel. The firm offers a range of account sizes and challenge conditions to accommodate both new and experienced traders. With its high profit share rate and frequent payouts, FundedNext provides a compelling option for traders looking to maximize their earnings while benefiting from robust educational and technological support.

Pros:

• Offers a wide range of financial instruments.
• Structured challenges with clear profit targets and risk parameters.
• High profit share percentage, enhancing earning potential for traders.

Cons:

• The commission fee may be considered high for certain traders.

5. Blue Guardian

Overview:

Blue Guardian, led by CEO Sean Bainton, was established in June 2021 in the United Arab Emirates. The firm operates with brokers like ThinkMarkets and Purple Trading and offers trading platforms including DXTrade, cTrader, and MatchTrader. It has a Trust Pilot rating of 4.5 and provides trading capabilities in various markets with competitive leverage and a strong emphasis on flexible trading conditions. Blue Guardian aims to support skilled traders by providing them with the necessary resources to excel, offering up to an 85% profit split and no restrictions on trading styles or strategies.

Location:

United Arab Emirates

What Can You Trade:

• Forex
• Stocks
• Indices
• Commodities
• Cryptocurrencies

Profit Share:

• Up to 85%

Highlights:

• Supports various trading platforms such as DXTrade, cTrader, and MatchTrader, catering to a broad audience including U.S. clients.
• Offers high leverage options and a balance/equity-based daily drawdown reset which optimizes trading potential.
• Engages traders with a competitive profit split of 85%, standing out in the industry for higher than average payouts.

Summary:

Blue Guardian distinguishes itself with an 85% profit split, appealing to traders looking for high compensation. The firm’s innovative approach includes a guardian protector feature in their dashboard, which helps traders manage risk effectively. With no restrictions on trading strategies, including news trading and the use of EAs, Blue Guardian empowers traders to utilize their full range of trading skills and strategies.

Pros:

• High profit split which is competitive within the industry.
• Offers a scaling plan that can significantly increase trading capital based on performance.
• Provides robust trading platforms and technology, suitable for all types of traders.

Cons:

• The high leverage might also pose a risk for inexperienced traders who are not accustomed to managing significant exposure.

6. City Traders Imperium

Overview:

City Traders Imperium, co-founded by Daniel Martin and Martin Najat, began operations in June 2018 in the United Arab Emirates. The firm utilizes MT5 and is partnered with the broker Mabicon. With a Trust Pilot rating of 4.6, City Traders Imperium offers various trading programs, including direct funding and two-step challenges, catering to a wide range of traders. The firm is noted for its balance-based daily drawdown reset, promoting a disciplined trading approach.

Location:

United Arab Emirates

What Can You Trade:

• Forex
• Stocks
• Indices
• Commodities
• Cryptocurrencies

Profit Share:

• Ranges from 50% to 80%, depending on the program

Highlights:

• Uses MT5, accommodating a broad spectrum of trading styles and strategies.
• Offers a competitive profit split within the industry, going up to 80% under certain conditions.
• Provides comprehensive risk management tools, including a balance-based drawdown reset.
• Supports scaling up for successful traders, reflecting its commitment to trader growth.

Summary:

City Traders Imperium stands out for its focus on providing traders with a robust platform for trading under disciplined conditions. The firm offers a variety of funding options and high profit splits, making it attractive for traders aiming for rapid growth. A single platform, MT5, ensures a consistent and streamlined trading experience.

Pros:

• Offers high flexibility in trading approaches, including using EAs and news trading.
• Competitive profit shares and a clear structure for progression and scaling.
• Commits to strong risk management features to aid traders in preserving capital.

Cons:

• Limited to one trading platform, which might not suit all traders if they prefer other platforms.
• The structure might be complex for beginners, especially with varying conditions on drawdown and profit targets.

How to Choose the Best Dubai Prop Firm for You

Selecting the right Dubai prop trading firm is crucial for your trading career. Here are the key considerations to help you find the best fit:

Trading Rules and Flexibility

Check the trading rules and restrictions of each prop firm in Dubai. Ensure they align with your trading style and risk management strategies. Look for flexible firms, allowing you to employ your preferred trading methods.

Capital and Profit Share

Evaluate the funding options and the profit-sharing arrangement offered by each firm. Consider how much capital you can access and the percentage of profits you get to keep. Balancing capital availability and profit share is essential for your financial growth.

Evaluation Process

Understand the evaluation processes that prop firms require for funding eligibility. Some may have a multi-phase evaluation, while others might offer a simpler or single-phase process. Choose a firm whose process aligns with your experience and goals.

Leverage and Risk Management

Look into the leverage options provided, especially if you trade leveraged markets like Forex or commodities. Also, review their risk management policies to ensure they can protect you from significant losses.

Educational Support

If you’re a beginner or looking to enhance your skills, check the educational resources and mentorship programs available. Access to expert guidance and trading education can be a significant advantage.

Trading Platform and Tools

Evaluate the trading platforms and tools offered by the prop firms. An efficient, reliable platform can greatly enhance your trading performance and experience.

Payouts and Withdrawal Policies

Review how and when you can withdraw your profits. Ensure the firm’s policies are transparent and fair, with no hidden fees or severe restrictions that might impede accessing your funds.

Reputation and Reviews

Research each firm’s reputation and read reviews from other traders. This feedback can provide real insights into their reliability and traders’ satisfaction levels.

Customer Service

Consider the quality of customer support offered. Effective support can be crucial, especially in urgent trading situations or technical issues.

Getting Started with the Best Dubai Prop Firms

Ready to elevate your trading with a Dubai prop firm? We’ve outlined the top choices that can help you navigate the challenges and succeed in the competitive trading landscape. Here’s a quick guide to help you decide:

• AquaFunded offers a high profit share and commission-free trading, ideal for maximising earnings.
• Accelerated Prop Group (APG) provides flexible funding options and cutting-edge technology, making it an excellent choice for traders seeking a modern and supportive trading environment.
• FundingTraders is great for educational support and comprehensive trader development.
• FundedNext suits those looking for varied trading challenges and frequent payouts.
• Blue Guardian offers high leverage and flexibility in trading styles, suitable for experienced traders.
• City Traders Imperium provides structured trading conditions and robust growth opportunities, ideal for serious traders aiming for long-term success.

Summary of Recommended Best Dubai Prop Firms

Now that you have a clear understanding of the top Dubai prop trading firms, here’s a summary of which prop firms to consider based on your needs:

• If you desire commission-free trading with high leverage options, choose AquaFunded.
• For flexible funding options and cutting-edge technology, Accelerated Prop Group (APG) is the perfect choice.
• For those seeking robust educational programs and a variety of trading instruments, FundingTraders is an excellent choice.
• If you prioritize frequent payouts and structured challenges, consider FundedNext.
• Traders looking for high profit splits and flexible trading conditions will find Blue Guardian appealing.
• For a prop firm that offers comprehensive trading programs and a balance-based daily drawdown, City Traders Imperium is ideal.

Ready to elevate your trading career? Explore each best Dubai prop firms in detail to find the one that resonates with your trading goals. Remember, choosing the right prop firm is crucial to your success, so make an informed decision and confidently begin your journey. Happy trading and may your success soar with the best Dubai prop firm tailored to your needs!