No Evaluation Prop Trading Firms: Save Time and Money
Time is a valuable asset for traders. That’s where no evaluation prop trading firms come in, offering a fast track to trading without the lengthy evaluation processes. These firms provide immediate funding, allowing traders to bypass traditional barriers such as capital constraints and performance evaluations.
Why Choose a No Evaluation Prop Trading Firm?
Are you aspiring to make significant impacts as a trader but lack the capital? Or perhaps you’ve faced repeated failures in prop trading evaluations, leading to doubts about your trading capabilities? These common challenges often discourage even experienced traders from pursuing opportunities in the markets.
No evaluation prop trading firms eliminate the need for repeated and costly evaluations, giving traders a quicker route to real money accounts and trading opportunities.
Top No Evaluation Prop Trading Firms
Here’s a detailed look at some of the best no evaluation prop trading firms, focusing on their affordability, ease of joining, and overall trading conditions:
1. FundYourFX
Our #1 prop firm is still FundYourFX. They offer a straightforward trading experience without traditional trading challenges. Traders can access accounts that could grow to as much as $2 million and enjoy high-profit shares of up to 90%.
Choosing the Right Plan at FundYourFX
Origin Funded Plans
Ideal for those who like high-risk and high-reward scenarios, these plans offer growth potential from modest beginnings:
- Starter Plan:
- Cost: $175 (originally $250)
- Features: Begins with $7,000 and can scale up to $500,000. Includes up to 90% profit sharing, permission for news trading, up to 1:100 leverage, weekly payouts, and a refundable fee if successful.
- Standard Plan:
- Cost: $262 (originally $375)
- Features: Starts with $15,000 and scales up to $1 million, with the same benefits as the Starter plan.
- Professional Plan:
- Cost: $488 (originally $697)
- Features: Starts with $30,000 and scales up to $1.5 million, incorporating all the perks of the lower-tier plans but allowing for larger scale operations.
Evolution Funded Plans
These plans are designed for traders who prefer consistent and frequent wins:
- Starter Plan:
- Cost: $175 (30% off the original price)
- Features: Mirrors the Origin Starter but caters to different strategic approaches.
- Standard Plan:
- Cost: $262 (30% off the original price)
- Features: Similar to the Origin Standard, aimed at consistent profitability.
- Professional Plan:
- Cost: $1,104 (originally $1,577)
- Features: Begins with $80,000 and potential scaling to $2 million, offering all the high-end features for serious traders.
Why Traders Choose FundYourFX
- Weekly Payouts: Traders appreciate the flexibility of withdrawing profits on a weekly basis.
- Regulated Broker Partnership: Trading is more secure with Purple Trading SC, regulated by the Seychelles Financial Services Authority.
- Advanced Trading Technology: The cTrader platform enhances trading with faster executions and more reliable risk management tools.
Recognition and Reliability
Recognized for excellent customer support, winning the Best Customer Support 2023 & Best Instant Funding Prop Firm 2023 award, FundYourFX has established itself as a reliable partner. With three years of solid performance, it is considered a trusted choice for both new and experienced traders.
2. The 5%ers
The 5%ers are redefining the prop trading industry with their Hyper Growth Program, acclaimed for having the highest success rate. This program allows traders to operate without time pressure, offering a pathway to grow accounts up to an impressive $4,000,000.
Hyper Growth Program Details
Traders can choose their starting level based on their comfort and goals:
- $10,000 Level:
- Evaluation Funding Capital: $5,000
- One Time Fee: $260
- Bonuses: From $15
- $20,000 Level:
- Evaluation Funding Capital: $10,000
- One Time Fee: $450
- Bonuses: From $25
- $40,000 Level:
- Evaluation Funding Capital: $20,000
- One Time Fee: $850
- Bonuses: From $50
Key Features Across All Levels
- Profit Split: Up to 100%
- Leverage: 1:30
- Stop Out Level: 6%
- Daily Pause: 3% (protects against significant losses by disabling the account for the current day if reached)
- Evaluation Target: 10%
- Time Limit: Unlimited
- Trading Conditions: News trading is allowed, and holding trades over the weekend is permitted.
- Assets Available: FX, Metals, Indices, Crypto
- Platform: MT5 available on desktop, web, and mobile
Unique Benefits of the Hyper Growth Program
- Double Your Funded Account: Each target completion potentially doubles the funded account, maintaining the same profit target, maximum loss, and daily pause for all funded stages.
- Bonuses: Successful completion of each level rewards traders with bonuses on top of their profit splits, credited to their HUB for future uses.
- Flexibility: No minimum trades or days are required to complete level 1, offering significant flexibility to traders.
- First Payout: Occurs 14 days after receiving a funded account, with subsequent payouts every two weeks.
Trading with The 5%ers: A Strategy for Growth
The 5%ers’ Hyper Growth Program stands out by allowing traders the flexibility to trade under generous conditions while providing the potential for significant account growth and high profit shares. The program’s structure encourages continuous trading activity, with safeguards like the daily pause to protect against abrupt downturns.
Why Choose The 5%ers?
Choosing The 5%ers means opting for a prop firm that supports trader growth not just through capital increase but also through continuous rewards and incentives. The no-pressure environment, coupled with high potential profit splits, makes this program especially appealing to traders who are confident in their trading strategies and seek substantial growth opportunities.
3. FTUK
FTUK introduces a streamlined pathway to forex trading with its Instant Funding Program. Designed for traders seeking to bypass the traditional evaluation process, this program provides instant access to virtual capital in a live trading account. It’s an ideal solution for traders aiming to accelerate their profit generation from the very first level.
How It Works: Simple Steps to Forex Success
FTUK makes beginning your trading journey straightforward:
- Choose Your Program: Select the right funding level that matches your trading goals.
- Sign Up: Complete the registration to join the FTUK community.
- Receive Credentials: FTUK will provide the necessary trading credentials.
- Start Trading: Log in and trade using FTUK’s capital.
- Reach Milestones: Hit your target and claim your profits as frequently as desired.
FTUK Forex Program Options
FTUK offers a variety of instant funding levels to cater to different trader needs and ambitions:
- $14,000 Level:
- Investment: $200
- Profit Target: 10%
- Drawdown: 6%
- Leverage: Up to 1:100
- Profit Split: 80%
- Scaling Potential: Up to $896,000
- $40,000 Level:
- Investment: $550
- Profit Target: 10%
- Drawdown: 8%
- Leverage: Up to 1:100
- Profit Split: 80%
- Scaling Potential: Up to $2,560,000
- $60,000 Level:
- Investment: $750
- Profit Target: 10%
- Drawdown: 8%
- Leverage: Up to 1:100
- Profit Split: 80%
- Scaling Potential: Up to $3,840,000
- $90,000 Level:
- Investment: $1,200
- Profit Target: 10%
- Drawdown: 8%
- Leverage: Up to 1:100
- Profit Split: 80%
- Scaling Potential: Up to $5,760,000
Flexibility and Support in Your Trading Journey
FTUK’s program is tailored to support traders in maximizing their trading strategies:
- Weekend Trading: Traders have the freedom to hold positions over the weekend, providing flexibility in trading strategy and timing.
- High Leverage Options: With leverage up to 1:100, traders can amplify their trading positions, increasing the potential for higher returns.
- Frequent Profit Distribution: Achieve your profit targets and enjoy the flexibility of withdrawing your earnings as often as you wish.
Why Choose FTUK?
FTUK’s Instant Funding Program is perfect for traders who are ready to advance quickly without the constraints of evaluations. The program’s structure encourages rapid progression with generous profit splits and scaling opportunities. With a range of capital options and supportive trading conditions, FTUK empowers traders to reach ambitious financial targets.
4. Forex Prop Firm
Forex Prop Firm offers Instant Funded Accounts which allow traders to bypass traditional evaluations and access trading capital immediately. This setup is designed to enable traders to start trading and potentially earning without preliminary assessments or delays.
Features of Forex Prop Firm’s Instant Funded Accounts
- Initial Funding: Traders are provided with up to $400K in initial funding.
- Profit Share: The profit share model offers up to 95% to the traders, dependent on the account type and conditions met.
- Trading Conditions: There are no daily drawdown limits or time restrictions, providing traders with a flexible trading environment. The firm offers raw spreads and low commission rates.
Benefits of Choosing FPF Instant Funded Accounts
Immediate Profit Opportunities
Traders can start earning profits from their first day without waiting for account activation or passing evaluation stages.
Generous Profit Splits
Forex Prop Firm offers up to 80% profit splits depending on the chosen account type, with the entry-level accounts starting from a 20% profit split.
Relaxed Trading Regulations
The absence of stringent challenge requirements and relaxed trading rules aim to reduce barriers for traders focusing on their trading strategies.
Access to Various Markets
Traders have access to a wide range of markets including forex, digital assets, indices, and commodities.
Scalability of Capital
The program allows traders the opportunity to scale their trading capital to as high as $10 million.
Streamlined Withdrawals
Upon achieving a 5% profit target within 30 days, traders can withdraw their earnings, facilitated by simple and straightforward withdrawal processes.
Instant Funding Models Available
Forex Prop Firm has developed three distinct funding models to cater to different trader needs and investment capabilities:
- Premium Traders – 80% Profit Split:
- Suitable for traders looking for the highest available profit split.
- Account Sizes Range: $10,000 to $400,000
- Commissions: $4.5/lot for FX, Crypto, Commodities | $0.45/lot for Indices
- Advance Traders – 50% Profit Split:
- Offers a balance between high returns and accessibility.
- Account Sizes Range: $10,000 to $400,000
- Pro Traders – 20% Profit Split:
- Provides an entry point for new or less experienced traders with a lower profit split and reduced initial costs.
- Account Sizes Range: $10,000 to $400,000
Payout System and Scaling Plan Details
The payout system at Forex Prop Firm starts with a 90:10 split for traders passing challenges, and an 80:20 split for those in the instant funding category. For traders who meet specific conditions of the scaling plan, the account balance can increase significantly, potentially impacting the payout ratio positively.
5. Alpine Funded
Alpine Funded offers traders the opportunity to begin their trading journey with up to $2M in capital and earn up to 90% profit share. With a range of funding options, including instant funding and a 2-step evaluation process, Alpine Funded is designed for traders looking to scale their trading potential.
Features of Alpine Funded’s Funding Programs
- Base Camp Instant Funding:
- Initial Funding: Up to $200K.
- Profit Share: Up to 80%.
- Trading Conditions: No evaluation needed. Traders are funded instantly with 1:100 leverage and no stop loss requirements.
- Payouts: Guaranteed within 24 hours.
- Upgrade Path: Traders who reach 13% profit are upgraded to a Peak Funded Account.
- Peak Funded (2-Step Evaluation):
- Account Size: Up to $2M.
- Profit Share: Up to 90%.
- Evaluation Process: Two-phase challenge with an 8% profit target in Phase 1 and a 5% profit target in Phase 2.
- Trading Conditions: 1:100 leverage, weekend trading allowed, no stop loss requirements.
- Payouts: Fast and reliable payouts with a refundable fee under specific conditions.
Benefits of Choosing Alpine Funded
- Immediate Profit Opportunities: Start earning profits from the first day with Base Camp Instant Funding, without needing to pass an evaluation.
- Generous Profit Splits: Enjoy up to 90% profit share with Peak Funded accounts, maximizing your earnings.
- Flexible Trading Conditions: No stop loss requirements, weekend trading allowed, and Expert Advisors (EAs) permitted.
- Scalable Capital: Begin with instant funding or take the Peak Challenge to scale your account up to $2M.
- Swift Payouts: Guaranteed payouts within 24 hours for Base Camp accounts, and prompt payouts for Peak Funded accounts.
Instant Funding Models Available
Base Camp Instant Funding – 80% Profit Split
- Account Sizes: Up to $200K.
- Leverage: 1:100.
- Daily Drawdown: 4%.
- Overall Drawdown: 8%.
- Expert Advisors: Allowed.
- News Trading: Yes.
Payout System and Scaling Plan Details
Alpine Funded ensures quick and reliable payouts within 24 hours for Base Camp accounts. For Peak Funded accounts, traders benefit from a 90:10 profit split, with the possibility of scaling up their account size to $2M based on performance.
6. Funded Trading Plus
Funded Trading Plus offers a variety of funded trading programs designed to cater to traders of different experience levels. With options ranging from instant funding to two-step evaluation challenges, traders can access up to $2.5M in trading capital and earn up to 80% profit splits. The firm emphasizes transparency, fairness, and providing an environment where traders can thrive.
Features of Funded Trading Plus Programs
- Two-Phase Premium Account (50K, 100K, 200K):
- Initial Funding: $50K, $100K, $200K.
- Profit Share: 80%.
- Evaluation Process: Two phases with an 8% profit target in Phase 1 and a 5% profit target in Phase 2.
- Trading Conditions: 4-5% max daily loss, 8-10% max total drawdown, 1:30 leverage.
- Commissions: $7/round lot (Forex).
- Refundable Fee: Yes, refunded when 10% profit is reached in the funded stage.
- Payouts: Weekly, with a 7-day frequency.
- One-Phase Experienced Account (25K, 50K, 100K, 200K):
- Initial Funding: $25K, $50K, $100K, $200K.
- Profit Share: 80%.
- Evaluation Process: Single-phase with a 10% profit target.
- Trading Conditions: 4% max daily loss, 6% max total drawdown, 1:30 leverage.
- Commissions: $7/round lot (Forex).
- Refundable Fee: Yes, refunded when 10% profit is reached in the funded stage.
- Payouts: Weekly, with a 7-day frequency.
- Instant Funding Account (5K, 10K, 25K, 50K, 100K):
- Initial Funding: $5K, $10K, $25K, $50K, $100K.
- Profit Share: 80%.
- Evaluation Process: No evaluation required.
- Trading Conditions: 6% max daily loss, 6% max total drawdown, 1:30 leverage.
- Commissions: $7/round lot (Forex).
- Refundable Fee: Yes, refunded when 10% profit is reached in the funded stage.
- Payouts: Weekly, with a 7-day frequency.
Benefits of Choosing Funded Trading Plus
- Diverse Program Options: Choose from instant funding or evaluation-based accounts to suit your trading style.
- Generous Profit Splits: Enjoy up to 80% profit share across all account types.
- Fair Trading Rules: Transparent and trader-friendly rules with no stop loss requirements or restrictions on trading strategies.
- Scalable Capital: Access up to $2.5M in trading capital through the scaling plan.
- Fast Payouts: Weekly payouts, ensuring traders can quickly access their earnings.
- Loyalty Points: Earn loyalty points with each program, redeemable for discounts or benefits within the Funded Trading Plus ecosystem.
Instant Funding Models Available
Instant Funding – No Evaluation Required
- Account Sizes: $5K, $10K, $25K, $50K, $100K.
- Profit Split: 80%.
- Max Daily Loss: 6%.
- Max Total Drawdown: 6%.
- Leverage: 1:30.
- Payout Frequency: 7 days.
- Commissions: $7/round lot (Forex).
Payout System and Scaling Plan Details
Funded Trading Plus provides a flexible payout system with weekly payouts and a clear path to scaling up trading capital. Traders can start with as little as $5K and scale up to $2.5M, depending on their performance and chosen program.
Trust Pilot Rating
Funded Trading Plus is highly rated with a 4.7-star Trustpilot rating, reflecting their commitment to customer satisfaction and transparent business practices.
Funded Trading Plus offers a comprehensive range of trading programs tailored to meet the needs of different traders. Whether you prefer instant funding or are ready to take on the challenge of a two-phase evaluation, Funded Trading Plus provides the tools and support to help you succeed in the trading world.
7. Overview Funding Program
Overview Funding Program (OFP) is a leading instant funding prop firm that allows traders to get funded without the need to pass any challenges. Launched in 2022, OFP offers traders instant access to capital with a simple set of rules, designed to let traders focus on their strategies without the usual constraints seen in traditional prop firms.
Features of OFP’s Instant Funding
Account Funding
- Initial Funding: Available account sizes range from $5,000 to $200,000.
- Profit Share: 80%.
- Trading Conditions: No profit targets, balance-trailing drawdown, 3 types of account currencies.
- Commissions: Variable based on account and trade type.
- Payouts: Payouts are processed within 7 hours, with the first profit split available after 4 days.
Simple and Transparent Rules
- Maximum Daily Loss: Selected at checkout, ranging from 3% to 5% depending on the account size.
- No Profit Targets: Traders can focus on maintaining consistency without needing to hit specific profit percentages.
- Drawdown Method: Balance-trailing drawdown, allowing for more flexibility and security in trading.
Benefits of Choosing OFP
- Immediate Trading Opportunities: Get funded instantly without passing any challenges or evaluations.
- Flexible Account Options: OFP offers accounts in 3 different currencies with sizes ranging from $5K to $200K.
- Fast Payouts: Experience rapid payouts within 7 hours, one of the fastest in the industry.
- Supportive Community: OFP provides extensive support through monitored Discord chats, multiple support channels, and regular content updates.
- Professional Management: The team consists of experienced traders who actively engage with the community to provide guidance and support.
Comparison with Competitors
- Account Profit Share: OFP offers an 80% profit share, comparable to competitors but with no profit target requirement.
- Drawdown: OFP uses a balance-trailing drawdown method, offering more flexibility compared to balance-based or equity-based drawdowns seen with competitors.
- Profit Splits: OFP allows the first profit split after just 4 days, significantly faster than the typical 14-30 days required by other firms.
Key Benefits
- No Challenges: Start trading immediately with no need to pass any evaluations or challenges.
- Low-Cost Entry: The lowest package starts at $18 for a $5K account, making it accessible for small traders.
- Transparent Rules: Simple rules with a focus on maintaining trading discipline and consistency.
Payout System and Scaling Plan Details
OFP provides an exceptionally fast payout system, processing payments within 7 hours. The firm also offers scaling opportunities, with the potential to grow accounts up to £5 million, depending on performance.
Overview Funding Program (OFP) sets itself apart from traditional prop firms by eliminating the need for challenges and offering instant funding with a straightforward, trader-friendly approach. With fast payouts, flexible account options, and strong community support, OFP is an excellent choice for traders looking to focus on their strategies without the typical constraints of the prop trading world.
8. City Traders Imperium
City Traders Imperium (CTI) is a prop trading firm that combines decades of trading experience with a mission to build a global empire of funded traders. Launched in 2018, CTI offers a variety of funding options, including both instant funding and multi-step evaluation challenges. Traders can access up to $4M in trading capital, with profit splits ranging from 60% to 100%, and even the possibility of earning a monthly salary.
Features of CTI’s Funding Programs
- 2-Step Challenge Funding (5K, 10K, 25K, 50K, 100K):
- Initial Funding: $5K, $10K, $25K, $50K, $100K.
- Profit Share: 80% up to 100% + Monthly Salary.
- Evaluation Process: Two phases with a 10% profit target in Phase 1 and a 5% profit target in Phase 2.
- Trading Conditions: 5% max daily loss, 10% max total drawdown, 1:30 leverage, balance-based drawdown.
- Commissions: $4.50/round lot (Forex).
- Refundable Fee: Yes, 100% refunded upon successful completion.
- Payout Frequency: After 10 active trading days and achieving a 2% net eligible profit or $100.
- 1-Step Evaluation (2.5K, 5K, 10K, 20K, 40K, 80K):
- Initial Funding: $2.5K, $5K, $10K, $20K, $40K, $80K.
- Profit Share: 70% up to 100% + Monthly Salary.
- Evaluation Process: Single-phase with a 10% profit target.
- Trading Conditions: 6% max daily loss, 10% max total drawdown, 1:30 leverage, balance-based drawdown.
- Commissions: $4.50/round lot (Forex).
- Refundable Fee: Yes, 100% refunded upon successful completion.
- Payout Frequency: After 10 active trading days and achieving a 2% net eligible profit or $100.
- Direct Funding (5K, 10K, 20K, 40K, 80K):
- Initial Funding: $5K, $10K, $20K, $40K, $80K.
- Profit Share: 60% up to 100%.
- Evaluation Process: No evaluation required.
- Trading Conditions: 6% max daily loss, balance-based drawdown.
- Commissions: $5.50/round lot (Forex).
- Payout Frequency: After 10 active trading days and achieving a 2% net eligible profit or $100.
Benefits of Choosing City Traders Imperium
- Comprehensive Funding Options: Choose from instant funding, 1-step, or 2-step evaluation programs to suit your trading style.
- High Profit Splits: Enjoy up to 100% profit share, with the potential for a monthly salary.
- No Time Limits: Trade at your own pace with no time restrictions, allowing you to focus on consistency and long-term success.
- Fast Payouts: First payouts are eligible after just 10 active trading days, with a low threshold of $100 or 2% net eligible profit.
- Professional Support and Community: CTI offers a robust support system, educational resources, and a collaborative community of traders.
Instant Funding Models Available
Direct Funding – Instant Access
- Account Sizes: $5K, $10K, $20K, $40K, $80K.
- Profit Split: 60% up to 100%.
- Max Daily Loss: 6%.
- Drawdown: Balance-based with a static method.
- Leverage: 1:30.
- Payout Frequency: After 10 active trading days and 2% net eligible profit or $100.
- Commissions: $5.50/round lot (Forex).
Payout System and Scaling Plan Details
CTI offers a flexible and trader-friendly payout system, with the first payout available after 10 active trading days. The firm’s scaling plan allows traders to grow their account balance by up to 200%, with access to up to $4M in trading capital.
Trust Pilot Rating
City Traders Imperium is highly rated with a 4.5-star Trustpilot rating, reflecting their commitment to transparency, excellence, and trader satisfaction.
City Traders Imperium provides a diverse range of trading programs that cater to traders at all levels. Whether you’re looking for instant funding or are ready to take on a challenging evaluation, CTI offers competitive profit splits, flexible trading conditions, and a supportive community that can help you achieve your trading goals.
Is There an Easier Way to Get Funding at Prop Firms?
It’s possible to acquire funding in a less complicated way. For those who are unfamiliar, getting instant funding does not require an evaluation for your prop trading firm. This will not only significantly improve your chances of getting funds but will also allow you to start trading as soon as possible.
In Summary
No evaluation prop trading firms provide a faster route to trading by eliminating the need for traditional challenges and evaluations. These firms offer a range of options to match different trading styles and preferences, allowing you to start trading immediately with real capital.
Each firm has its unique advantages, so consider what aligns best with your trading goals and choose the one that suits your needs. This approach saves you time and allows you to focus on what matters most: trading effectively and profitably.
