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Forex vs Futures Prop Firms: Which is Better?

Compare forex and futures prop firms. Understand the key differences in rules, fees, and trading conditions to make the right choice.

PropFirm Scanner
November 25, 2024
9 min read
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Table of Contents

  • 01Key Differences Overview
  • 02Top Forex Prop Firms
  • 03Top Futures Prop Firms
  • 04Choose Forex If You:
  • 05Choose Futures If You:
  • 06Can You Trade Both?

Forex and futures prop firms have different rules, fee structures, and trading conditions. Here's how to choose the right type for you.

Key Differences Overview

Factor Forex Prop Firms Futures Prop Firms
Typical fee $100-$500 $50-$200/month
Fee structure One-time Monthly subscription
Markets Forex, Crypto, Indices ES, NQ, CL, etc.
Leverage Higher (1:30-1:100) Lower (contract-based)
Trading hours 24/5 Market hours

Top Forex Prop Firms

  • FTMO - Industry leader, best reputation
  • The5ers - Best scaling program
  • Funded Next - Great for beginners
  • E8 Funding - Good rules, reliable

Top Futures Prop Firms

  • Topstep - Longest track record
  • Earn2Trade - Best education
  • Apex Trader Funding - Popular choice
  • Leeloo Trading - Affordable

Choose Forex If You:

  • ✅ Want to trade 24 hours
  • ✅ Prefer higher leverage
  • ✅ Trade forex pairs, crypto, or indices
  • ✅ Prefer one-time fee
  • ✅ Want more firm options

Choose Futures If You:

  • ✅ Trade US index futures (ES, NQ)
  • ✅ Prefer regulated exchanges
  • ✅ Like clear market hours
  • ✅ Want lower entry cost (monthly fee)
  • ✅ Prefer transparent order flow

💡 Our Take

For most traders, forex prop firms offer more flexibility and options. Futures firms are great if you specifically trade US futures and prefer the monthly fee model.

Can You Trade Both?

Absolutely. Many traders run accounts at both types:

  • FTMO for forex trading
  • Topstep for futures trading
  • Diversification of income sources
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