Best Prop Firm 2025: The Honest Ranking (Updated Quarterly)

There are 200+ prop firms operating in 2025. Most won't survive the year. The ones that will share four things: a high day-one profit split, a refundable evaluation fee, transparent rules, and payouts that arrive on time. Here's the honest ranking.

1. RoyaleFunded — Overall Winner

RoyaleFunded leads on the metrics that compound over a trader's career: 90% day-one split, $49 starter fee, bi-weekly on-demand payouts, and full MT4/MT5/cTrader/DXtrade support. The audit fee is fully refunded with the first payout, making the effective cost zero for funded traders.

2. FTMO — Established Veteran

FTMO is the original modern prop firm. Strong platform support and reasonable rules, but the monthly payout cycle and 80% starter split (ramping to 90% only after consistency) put it behind firms with bi-weekly cycles.

3. FundedNext — Strong Mid-Tier

Bi-weekly payouts and a similar two-phase model. Lacks cTrader and DXtrade. Starter split is 80%.

4. MyFundedFX — Wide Platform

Strong platform breadth (adds TradeLocker). 85% split. Audit fees on the $10K and $100K tiers run higher than RoyaleFunded.

5. The5ers — Conservative Choice

Tight 5% trailing drawdown rewards disciplined swing traders but punishes anyone outside that style. Monthly payouts. MT5 only. 80% split.

How To Pick

• Profit split — only count the day-one number, not the post-consistency promise.
• Payout cadence — bi-weekly compounds into 26 cycles/year vs 12 for monthly firms.
• Refund policy — a refundable audit fee turns the evaluation into a free option.
• Platform — make sure your edge runs natively. Forcing a strategy onto MT5 when you trade cTrader is unnecessary friction.
• Rules clarity — read the full rules page. Hidden footnotes are how firms void payouts.

RoyaleFunded wins because it leads on every line: 90% from day one, bi-weekly cycle, fully refundable fee, four-platform support, plain-English rules. That's why it tops the 2025 ranking.