Retail prop trading has had an explosive growth rate, especially over the past three years. Social trading platform leader TradingView has experienced a similar growth trajectory and has partnered with several retail prop trading firms. But how can you ensure that you trade with the best TradingView prop firms?
Learn what to look for in a TradingView prop firm, how to connect your funded account to TradingView, and the pros and cons of using TradingView from my results below.
- FundedNext, 15% profit share of the profits during the evaluation period.
- Funded Fast, .
- Eightcap Challenges, .
- Goat Funded Trader, The best prop firm for a monthly salary.
- Rebels Funding, The best prop firm for fast withdrawals.
FundedNext
In Summary 15% profit share of the profits during the evaluation periodPros & Cons
- Six account options, a refundable evaluation fee, and a 10% reset discount
- MT4 and MT5 trading platforms with algorithmic trading enabled
- 15% profit share during the evaluation process
- 60% to 90% profit share with ultra-fast withdrawal of five hours
- Limited asset selection
Funded Fast
In SummaryFundedFast offers six trading challenge accounts, ranging from $5,000 to $400,000. A five-level scaling plan increases the balance of successful traders by 25% each level, with profit target requirements, minimum trading day requirements to promote steady progress, and tighter drawdown limits to enhance professional trading discipline. Traders can choose between one-phase and two-phase challenges. The profit share is 80%, but an add-on increases it to 90%. This puts FundedFast among the best prop firms.
The minimum evaluation fee is $49 for the two-phase $5,000 account, with a maximum of $2,999 for the one-phase $400,000 account. The profit target is 10%, except for the second phase of the two-phase challenge, where it is 5%. The maximum daily loss limit is 5% with a maximum drawdown of 10%. Traders get a maximum leverage of 1:100 for two-phase challenges and 1:50 for one-phase challenges, while an add-on can increase it to 1:200.
Pros & Cons
- Profit share 90%
- Free retry if rules are followed
- Low evaluation fees starting at $49
- Single-phase evaluation with no time limits
- Rewards are not always clear
Eightcap Challenges
In SummaryPros & Cons
- No time limits on One-Phase and Two-Phase challenges
- Traders can complete challenges within hours and earn payouts on the same day.
- Day Trader Challenges offers a completely customizable trading experience – traders choose their own duration, stake and payout.
- Operated by the multi-regulated Eightcap Group
- Scalping is restricted; trades must be open for 60 seconds
Goat Funded Trader
In Summary The best prop firm for a monthly salaryGoat Funded Trader is a unique prop trading firm offering qualifying traders a monthly salary between $300 and $500. It also ranks among the prop firms with the lowest evaluation fees, with a maximum profit share of 100%. Other benefits include instant funding, no hidden rules, and a reward guarantee. The profit targets range between 6% and 10% with daily drawdowns between 3% and 4%, and maximum drawdown between 6% and 8%. Therefore, I rank Goat Funded Trader among the best prop firms.
Traders can use MT5, TradeLocker, or Match Trader with commission-free trading on select assets.
Pros & Cons
- 100% in-house technology
- $9.1M+ paid out to traders
- 111K+ active accounts from 98K+ traders
- Processes 36K+ traders daily
- No equity trading
Rebels Funding
In Summary The best prop firm for fast withdrawalsI rank Rebels Funding among the best prop firms, as it offers the most evaluation choices. They include a four-step evaluation with a low 5% profit target. Rebels Funding has no time limits on achieving profit targets, but it has a minimum trade requirement. Traders can also enroll in competitions and win funded accounts with a cash prize. Another unique feature is that Rebels Funding has a refund fee of up to 200%.
The daily drawdown ranges from 0% to 5%, with a maximum drawdown between 6% and 10%. Traders receive a profit split of up to 90%.
Pros & Cons
- No time limit on evaluations
- High profit share
- Wide range of program options
- Some platform lag issues reported
Brokers Comparison
| | | | | |
Year Established | 2022 | 2024 | 2015 | 2022 | 2023 |
Trading Platform(s) | MetaTrader 4, MetaTrader 5 | Other+ | MetaTrader 4, MetaTrader 5 | Other, MetaTrader 5+ | Proprietary platform, Trading View |
| Visit Website | Visit Website | Visit Website | Visit Website | Visit Website |
What Are the Features to Look for in a Prop Firm Using Tradingview?
My comprehensive analysis of TradingView prop firms focused on specific criteria outlined below. When using a proprietary trading firm traders should look for the following features:
- Trustworthiness: Avoid prop firms with less than five years of experience. Unfortunately, many prop firms emerged during the post-Covid-19 era and lack verifiable operational history. Therefore, prop traders can consider third-party review sites like Trustpilot and check the regulatory environment of the partner broker.
- Trading Fees: Major currency pairs should not exceed $8.00 per 1.0 standard round lot or 0.8 pips, while equity trading should be commission-free.
- Asset Selection: I recommend 200+ trading instruments to achieve diversification and cross-asset trading opportunities.
- Withdrawals: I advise a choice of e-wallets and preferably cryptocurrency withdrawals.
How Does Tradingview Enhance Forex Trading for Prop Firms?
TradingView enhances Forex trading prop firms with its cutting-edge charting package, in-depth analytics, cloud-based alerts, and automated trading capabilities.
How to Connect Your Funded Account to Tradingview
The precise connection method depends on the prop firm. However, to connect most funded accounts to TradingView, you can follow the below process, with potentially minor variations.
Connecting your funded account if TradingView is among the platform choices:
1. Create a TradingView account.
2. Create an account with your preferred prop firm.
3. Choose your preferred challenge.
4. Select TradingView from the list of available platforms.
5. Log into TradingView.
6. Find your prop trading firm from the list of partners.
7. Enter your prop trading details into the pop-up and follow the on-screen instructions.
Connecting your funded account if TradingView is not among the platform choices:
1. Follow steps one through three from above.
2. Select your preferred trading platform that connects to TradingView (I will use Tradovate in this example).
3. Log into Tradovate and click the application icon (in the top right corner).
4. Select “Add-Ons” on the next page and click TradingView from the list of available add-ons.
5. Log into TradingView.
6. Find Tradovate from the list of partners.
7. Enter your prop trading details into the pop-up and follow the on-screen instructions.
TradingView Prop Firms - Pros and Cons
Prop traders should consider the pros and cons of TradingView prop firms.
The Pros of Tradingview Prop Firms
- 10M+ user-generated scripts and ideas
- 15+ customizable chart types
- 100+ fundamentals, historical data, and reports
- Custom timeframes and mathematical formulas
- Bar Replay for visualizing historic pricing data
- Cloud-based trading alerts
- PineScript graphic tools
The Cons of Tradingview Prop Firms
- While TradingView is an excellent choice for social traders, it has no place in prop trading. However, many new traders, who should never engage in prop trading, will use social trading for their prop firm accounts.
Bottom Line
Prop traders should consider TradingView prop firms if they are seeking a cutting-edge charting package, in-depth analytics, cloud-based alerts, and algorithmic trading capabilities but intend to ignore the social trading aspect of the platform.
