About List of Prop Firms

🎯What this site is

List of Prop Firms is a directory of proprietary trading firms. The aim is simple: give traders and researchers a single place to scan the landscape of prop firms — institutional quant houses, retail evaluation programs, and futures-focused firms — without sifting through promotional material to figure out who is who.

The directory is content-only. It does not host trading accounts, route orders, or sell challenges. Listings are entries about publicly operating firms, not advertisements for them.

If you are choosing where to apply, evaluate, or trade, treat this site as a starting index. The authoritative source for any firm's current rules, fees, or status is always that firm's own site — the directory points to it; it does not replace it.

📚What it covers

Three overlapping segments of the proprietary trading industry are tracked:

• Quantitative / institutional firms — companies that hire traders, researchers, and engineers as full-time employees and trade their own capital. Examples in this category include market makers and systematic investment firms.
• Retail / funded prop firms — programs that let independent traders take an evaluation and, if they pass, trade a funded account in exchange for a profit share. Rules, evaluation structure, and payout cadence vary widely.
• Futures prop firms — firms specialising in exchange-traded futures (typically CME Group products) using fixed or trailing drawdown models and platforms such as NinjaTrader or Tradovate.

Adjacent material — comparisons, a glossary, and longer explainers on evaluation models and drawdown rules — supports the directory rather than replacing it. See compare firms, the glossary, and the guides hub for those.

🛠How content is produced

Each listing is built from publicly available sources: the firm's own website, third-party prop-firm aggregators including PropFirmMatch, Myfxbook, and Tradermath, and the firm's public profiles where available. Where two sources disagree, the firm's official site is treated as authoritative; if it is silent, the entry is left general rather than guessed.

Entries are written in-house, not generated from a single template. Fees, profit splits, and rule details are paraphrased rather than copied verbatim and are described at a level of generality that survives small changes — specific dollar figures and percentages reflect the time of writing and should be re-verified on the firm's site before any decision.

Entries are reviewed periodically. When a section has been re-checked, the visible "last reviewed" date on that page is updated. Reader-reported corrections are a major input — if something looks stale or wrong, please email it in.

🧭Editorial approach

💡Who runs this & how it is funded

List of Prop Firms is independently operated. It is not owned by, invested in, or affiliated with any prop firm, broker, or aggregator named on the site, and no listed firm has editorial input. There are no outside investors steering coverage.

The site is funded by display advertising — standard banner ads served through Google's ad network. That is the entire revenue model: there is no paid placement in the directory, no sponsored listings, and no affiliate or referral links inside firm entries. Advertising is served in clearly delineated ad slots and is kept structurally separate from listings and explainers, so what a firm pays anyone for advertising has no bearing on whether or how it appears here. The reason for that separation is practical as much as ethical: the moment listing order can be bought, the directory stops being useful.

Because the operation is small, coverage is necessarily selective and review cycles are periodic rather than continuous. We would rather leave an entry general than pad it with detail we cannot stand behind.

✏️Corrections & updates

The fastest way to get something fixed is to email it in with a link to the firm's own page showing the current detail. Reader corrections are treated as a primary input, not an afterthought — a single sourced email about a changed profit split or a firm that has gone quiet is more valuable than another review cycle.

When a firm is found to have ceased operating or to be withholding payouts at scale, its entry is removed rather than flagged — a directory of firms you should not use is not the goal. Each long-form page carries a visible "last reviewed" date so you can judge for yourself how fresh the information is.