Best Forex Prop Firms in France (March 2024) (2024)

Looking for the best forex prop firms in France? This detailed will help. We have researched over 150 proprietary trading firms to help you identify the most reliable option.

Let’s begin:

1. The 5ers

Best Forex Prop Firms in France (March 2024) (1)

Pros

  • 4.8 out of 5 on Trustpilot
  • Three distinct financing initiatives
  • Dashboard for a professional trader
  • Maximum leverage of 1:100 combined with large stakes
  • There is no time limit on trading
  • A scaling strategy is offered
  • Weekly payments every two weeks
  • 80–100% profit share
  • Weekend and overnight holding is permitted
  • Trading news is permitted, excluding large stakes
  • An inexpensive boot camp experience

Cons

  • Hypergrowth and boot camps: minimal leverage
  • Bootcamp: Risk and stop-loss requirements for each position
  • Hypergrowth: Initial payment following a 10% profit
  • High stakes: Requirement for a minimum profitable day
  • High-risk situation: Not trading news

About

The5ers or Five Percent Online Ltd, was founded on April 9, 2020, with headquarters in Raanana, Israel, and London, UK. CEO Gil Ben Hur leads the organization and has been engaged in forex trading since 2007, focusing on order flow & price-action approaches. The5ers has three account options and utilizes a three-step screening procedure to enable immediate funding, collaborating with a liquidity provider for direct access to the market. As the CEO of The5ers, Ben Hur oversees the company’s fundraising and growth program, which is built on a unique proprietary trading platform. Before founding The5ers in 2016, Ben Hur was employed as a trading coach and portfolio manager.

Features

The5ers is a prop firm that provides three separate account kinds, each with its characteristics. These include limitless trading periods, no minimum trading days (save for High Stakes), low evaluation fees (Bootcamp), no evaluation phases (Hyper Growth), initial withdrawal after 14 days (High Stakes & Bootcamp), bi-weekly withdrawals, and profit shares of up to 100%.

The three account types are as follows: Bootcamp, which is a three-step evaluation process with a 6% profit target and a 5% maximum loss; Instant Funding, which allows funded traders to enjoy a 3% daily pause and a 4% maximum loss; and Two-Step Evaluation, which is similar to Bootcamp but has a more flexible scaling plan that allows for larger account management.

The5ers distinguishes itself from its competitors in the market by offering more versatility, cost-effectiveness, and profit-sharing. It’s a good choice for traders who want to enhance their expertise.

Visit The5ers

2. Surge Trader

Best Forex Prop Firms in France (March 2024) (2)

Pros

  • 75% of profits are divided (90% with add-on).
  • Variable fees & account options
  • One-time payment for the audition
  • open procedures and regulations
  • A reasonable 10% profit goal
  • Adaptability in trading tactics
  • 30 days of free BKForex membership
  • Quick withdrawals with no restrictions

Cons

  • A short overview since May 2021
  • Every trade requires a stop loss, with a 5% daily maximum loss.
  • Few resources available for schooling
  • Maximum open lots limited to 1/10000 of total account size
  • Leverage: 2:1 for the cryptocurrency market; 5:1 for stocks; 10:1 for Forex, metals, indices, and oils

About

SurgeTrader is a trading firm established in September 2021 under Surge Capital Ventures, LLC. Jana Seaman, a venture entrepreneur, established the firm to offer investment opportunities to skilled traders with outstanding trading tactics but limited resources.

SurgeTrader, supported by Seaman’s company Valo Holdings, sets itself apart from conventional proprietary trading organizations by its clear and uncomplicated trading regulations. SurgeTrader, headquartered in Florida, has seen rapid worldwide expansion and provides traders with increased funding opportunities to maximize their achievements.

Features

SurgeTrader ensures traders are presented with uniform trading terms at all account tiers, encompassing a daily loss limit of 5%, a maximum drawdown of 8%, and a profit target of 10%. The platform provides educational resources and more than a hundred instruments, enabling the practice of a wide variety of trading strategies.

Costs and Plans:

  • Free: Paper trading for platform exploration for 30 days at no cost.
  • Paid: Paid funding ranging from $25,000 to $1,000,000 is available.
  • Audition costs differ.
  • Although it is possible to scale accounts, traders will be required to repeat the audition process if profit margins are not achieved.

Visit SurgeTrader

3. Fidelcrest

Best Forex Prop Firms in France (March 2024) (3)

Pros

  • Rational trading objectives
  • Profit divided up to 90%
  • Excellent client service
  • Support for the platforms MT4 and MT5
  • No necessity for a minimum number of trading days
  • Trading is available on weekends.

Cons

  • Discourages an unorganized strategy
  • Absence of information regarding the management team

About

Founded in 2018, Fidelcrest is a global proprietary trading company with its main office located in Nicosia, Cyprus. The company’s goal is to enable knowledgeable traders by giving them access to real money up to $400,000. Despite the management team’s more than ten years of forex trading experience, the ownership of the company is still unknown, which is not typical in the industry.

Fidelcrest aims to enable consistent profits for individual customers by providing a range of account sizes to more than 6,000 active traders globally. Their trading challenge consists of financed trading over more than 1,000 instruments after an evaluation process. Traders must, however, closely follow the terms of their Trader Agreement to prevent account cancellation.

Features

Fidelcrest is a great platform for trading challenges, providing increased maximum balances, profit sharing, plus exclusive features. Traders can benefit from zero minimum trading requirements and weekend trading, enabling them to capitalize on market opportunities outside of standard trading hours. Fidelcrest is renowned for offering outstanding 24/7 customer support by seasoned professionals, aiding traders in overcoming obstacles and enhancing their likelihood of success.

The trading challenge provides traders with a valuable opportunity to evaluate, practice, and optimize their skills. It is supported with appealing features and profit-sharing arrangements, making it perfect for anyone looking to progress in their trading pursuits.

Visit Fidelcrest

4. Blue Guardian

Best Forex Prop Firms in France (March 2024) (4)

Pros

  • Relaxed trading regulations
  • Supported trading hours including weekends and copies.
  • Standard profit splits in the industry
  • Permitted by expert advisors
  • Demonstrations up to $1,800,000
  • Weekend and overnight holding is allowed.
  • Profit sharing of up to 85%
  • High Funding Levels

Cons

  • Maximum daily drawdown depending on equity
  • 8% is the initial maximum drawdown on Unlimited Guardian.
  • Rapid Guardian’s trailing drawdown and its restricted support channels
  • Restricted trading networks

About

In September 2021, Blue Guardian, officially known as Iconic Exchange FZCO was founded in Dubai, United Arab Emirates. Under the direction of CEO Sean Baiton, it provides two two-step evaluations in collaboration with ThinkMarkets as brokers and three different account kinds. Before changing its name in June 2021, Blue Guardian Capital was a Forex signal provider & educational organization.

The company intends to revamp its platform by 2023 and aim for the top spot in South Africa and other regions. Following a two-phase evaluation process, funding accounts are available to professional and seasoned traders. Blue Guardian Capital’s founder and CEO at the moment is Sean Bainton.

Features

The Guardian Protector from Blue Guardian is a risk management and trader equity protection solution. Trades will automatically close if a trader hits their daily loss threshold. This risk management feature, which establishes percentage restrictions on losses, is provided free of charge in evaluation accounts. It’s crucial to remember that market conditions could prevent quick execution. After enabling this function, traders are ultimately in charge of making sure their trading stays within the designated loss limitations.

Visit Blue Guardian

5. MyFlashFunding

Best Forex Prop Firms in France (March 2024) (5)

Pros

  • Unlimited period of trade
  • No limitations on trading
  • The best scaling strategy obtainable
  • Prompt payment within seven days
  • Fast financing procedure
  • High ratings on Trustpilot
  • Simple platform setup
  • Low-revenue objectives
  • No minimum amount is needed to trade

Cons

  • No retry option available
  • A bit costly
  • Insufficient support system
  • High Commission Costs: $7 for Each Round Lot

About

MyFlashFunding is a privately held company that was founded on April 27, 2023, and has been in business since August 2, 2023. Under the direction of CEO Blake Carter, it has its headquarters in the US. The company provides two different funding programs: an extensive two-step evaluation challenge and a simplified one-step evaluation.

Accounts up to $400,000 and potentially up to $2,000,000 can be combined by traders. MyFlashFunding uses ThinkMarkets as its brokerage platform and runs on either MetaTrader 4 or MetaTrader 5. Springfield, Missouri’s 331 Park Central East is the address of their office.

Features

A prop company called MyFlashFunding provides two distinct account kinds with different assessment procedures. It distinguishes itself from other companies by offering traders biweekly rewards, no minimum trading days, & unrestricted trading with speedy withdrawals within 14 days. Completing two phases with a 6% profit target, 4% daily, & 8% maximum loss regulations makes up the Two-step Evaluation procedure.

It also provides a scalability plan for bigger customers. In contrast to its competitors, MyFlashFunding is renowned for its adaptability, quick withdrawals, and bi-weekly payouts, which makes it a great option for traders seeking funding options with few limitations.

Visit My Flash Funding

How to Find the Best Forex Prop Firms in France?

Finding the best Forex prop firm involves a thorough examination of various factors to ensure the firm aligns with your trading style, objectives, and risk tolerance. Begin by assessing the reputation and credibility of the firm through reviews and testimonials from both current and former traders on platforms like Trustpilot and Forex Peace Army. Regulatory compliance is also crucial to protect your interests.

Check the Trading Conditions

Consider the trading conditions and costs associated with the firm, including the profit split ratio, any participation fees for evaluation challenges, and account size options that suit your strategy and experience level. The evaluation process is another vital aspect; make sure to understand the firm’s rules, objectives, and the time frame provided for achieving these goals to ensure they match your trading approach.

Training and Resources

Support and resources offered by the firm, such as educational materials, training programs, and access to advanced trading software, can significantly benefit your trading journey. Growth opportunities and clear scaling plans that allow for managing increased capital over time should also be part of your consideration. Additionally, review the firm’s drawdown policies and trading style acceptance to ensure they complement your risk management strategy.

Customer Support and Accessibility

Finally, community engagement and customer support are essential factors. An active trading community and responsive customer service can enhance your trading experience. Before making a decision, you might want to try any available trial offers or demo accounts to get a feel for the firm’s platform and trading conditions. Starting with a smaller account or a less expensive evaluation process can also be a prudent way to test the firm’s compatibility with your trading style without committing significant resources upfront.

In summary, finding the best Forex prop firm requires careful research and consideration of various factors to ensure the firm meets your individual trading needs and goals. Take your time to evaluate each aspect thoroughly to partner with a

Which are the top FX proprietary trading businesses in France?
When looking for the top forex proprietary trading businesses in France, certain variables should be taken into account. Top companies in France include The5ers, SurgeTrader, Fidelcrest and Blue Guardian.

These companies are renowned for providing top-tier trading platforms and support services to traders. Choosing the ideal firm for you may vary based on your individual requirements and preferences. Therefore, it is crucial to conduct research and evaluate several businesses before finalizing your pick.

Who Regulates Forex Prop Firms in France?

In France, the financial market is regulated and supervised by two main authorities: the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Autorité des Marchés Financiers (AMF)

The AMF is responsible for ensuring the protection of investors, maintaining orderly financial markets, and overseeing the provision of investment services. It covers a wide array of activities, including:

  • Supervision of the equities and derivatives markets.
  • Regulation of investment service providers and products.
  • Monitoring corporate financial disclosures.
  • Ensuring compliance with rules regarding market conduct and integrity.
  • Investor protection, through the provision of information and handling complaints.

Autorité de Contrôle Prudentiel et de Résolution (ACPR)

The ACPR operates under the auspices of the Banque de France and is responsible for the prudential supervision of banks and insurance companies. Its main roles include:

  • Ensuring the stability of the financial system and protecting customers, policyholders, members, and beneficiaries of the entities it supervises.
  • Overseeing the banking and insurance sectors, assessing risks and financial conditions of institutions, and ensuring they comply with regulatory requirements.
  • Contributing to the definition and implementation of the European banking supervision system within the Single Supervisory Mechanism (SSM).

Both the AMF and ACPR play crucial roles in the French financial regulatory framework, ensuring that financial markets operate efficiently, transparently, and in a manner that protects investors and the financial system as a whole. Their activities are aligned with European Union regulations, as France is a member state, which ensures consistent financial supervision across the EU.

Best Forex Prop Firms in France: Conclusion

We hope you found our list of the best forex prop firms in France helpful. There are numerous proprietary trading companies available in the market. Each one has a ton of features that you might not find elsewhere.

That’s why finding reliable prop firms in France is so dependent on good research.

If you have any questions or concerns, you can share them in the comments below.

Best Forex Prop Firms in France (March 2024) (2024)

FAQs

What is the best prop firm in 2024? ›

#1 – Funder Trading

Funder Trading stands first in our list of the top prop trading firms in 2024 due to multiple reasons but notably it is the only prop trading firm that offers options funding and includes coaching for every trader signed up.

Which prop firm has the fastest payout? ›

Weekly. The fastest prop firm payout cycles are administered on a weekly basis. With Funding Traders, you can get paid out every 7 days – empowering you to access your hard-earned profits faster. Our forex prop firm prioritizes safe and fast payout options for consistently profitable traders.

What is the best return for a forex trader? ›

For the majority of professional traders, the average Forex monthly return is between 1 to 10 per cent per month.

Which is the most trusted prop firm? ›

Best Prop Trading Firms 2024 - Reviewed by Experts
  • Topstep.
  • The 5%ers.
  • Earn2Trade.
  • SurgeTrader.
  • FTMO.
  • E8.
  • City Traders Imperium.
  • Fidelcrest.
Feb 2, 2024

What are the top 5 futures prop firms? ›

The top futures prop firms are TopStepTrader, Jane Street, FTMO, 3Red Partners and The Trading Pit. Jane Street and 3Red Partners are very secretive about their fees and profit splits but they do offer some of the best technology and high-frequency trading.

Which prop firm has the lowest fees? ›

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

Which prop firm gives weekly payout? ›

Proprietary Trading Firm Payout Cycles
Proprietary Trading FirmPayout Cycle
Axe TraderWeekly
Bespoke FundingBi-weekly
Blue GuardianBi-weekly
Cash Flow FundingElite Challenge: Weekly Standard Challenge: Bi-weekly
36 more rows
Apr 2, 2024

Is FTMO the best prop firm? ›

FTMO Investment Options

One of the main reasons why FTMO is a good prop firm is their investment options. They offer traders the opportunity to trade with their own capital, as well as access to additional capital from FTMO.

Why is FTMO banned in US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

What is the most reliable forex trading platform? ›

  • OANDA - Best US forex broker overall. ...
  • Forex.com - lowest spread forex broker. ...
  • IG - best forex broker for beginner traders. ...
  • Interactive Brokers - best broker commission rates. ...
  • TD Ameritrade - best U.S.-based customer support. ...
  • eToro - best social and copy trading platform. ...
  • Trading.com - good selection of currency pairs.
Dec 19, 2023

Are there any legit prop firms? ›

Yes, besides Ultimate Trader, there are several legitimate forex prop trading firms, and True Forex Funds is among them. Joining a reputable prop trading firm typically involves a straightforward process.

Is $500 enough to trade forex? ›

Yes, $500 or $1000 is enough to get involved in forex. Well, this depends on how much you're risking per trade. If you risk $1000, then you can make an average of $20,000 per year. If you risk $3000, then you can make an average of $60,000 per year.

Can a forex trader be a millionaire? ›

The answer is yes! Forex can make you a millionaire if you are a hedge fund trader with a large sum. But forex from rags to riches for the majority is usually a rocky and bumpy ride which often leaves some traders in their dreams.

Is $50 dollars enough for Forex trading? ›

Trading forex with $50 may seem like a daunting task, but it is certainly possible. With proper risk management and a sound trading strategy, you can make the most out of your limited funds.

Do prop firms really pay out? ›

Yes, prop firms do pay. While there are some scams out there popping up everyday, reputable prop trading firms like True Forex Funds, FTMO,5%ers,FundedNext are legitimate and pay traders according to their profit-sharing agreements. As for True Forex Funds, I can vouch for their credibility.

How do I choose a prop firm? ›

Vetting the Prop Firm's Track Record

The first step when deciding on any prop trading firm should be an in-depth look at its reputation and history in the industry. A firm's standing within the trading community will highlight its reliability and ability to support its traders with a secure trading environment.

How do I choose a prop trading firm? ›

Don't just pick the first prop trading firm you find. Choose one with a good reputation, support for traders, good tools, safety measures, fair costs, and a friendly community. This way, you can trade smarter and have a better chance at success.

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