This article will discuss the best proprietary trading firms in Canada which offer traders funded accounts, flexible evaluation programs, and profitable opportunities.
This article aims to help traders, whether beginners or experienced, find the best prop firms in Canada in terms of platforms, available assets, and profit-sharing.
Key Points & Best Prop Firms In Canada
| Firm Name | Key Features |
|---|---|
| ThinkCapital | Broker-backed, offers up to $1M funding, multiple evaluation paths, strong for futures traders |
| Goat Funded Trader | Instant funding, up to 100% profit split, low evaluation fees, monthly salary for top traders |
| FundedNext | Up to 100% profit split, 15% profit share during evaluation, fast payouts, supports various asset classes |
| Apex Trader Funding | Best for futures traders, offers up to 100% profit split, no max daily drawdown |
| My Funded Futures | Fast payouts, supports futures trading, offers up to 90% profit split |
| Trade The Pool | Offers up to 90% profit split, supports various asset classes, fast payouts |
| The5ers | Offers up to 80% profit split, supports various asset classes, fast payouts |
| FundingPips | Offers up to 90% profit split, supports various asset classes, fast payouts |
| FundingFutures | Offers up to 90% profit split, supports futures trading, fast payouts |
| Blue Guardian | Offers up to 90% profit split, supports various asset classes, fast payouts |
10 Best Prop Firms In Canada
1. ThinkCapital
ThinkCapital has unique evaluation processes that accommodate different risk appetites traders may hold. There are three challenge types: One-Phase, Dual-Step, and Nexus. Trade on MT4, MT5, and ThinkTrader platforms with leverage of up to 2000:1.
Funding up to 1 million dollars with profit retention of up to 90% is remarkable. ThinkCapital is known for its seamless path to funded trading accounts, offering powerful broker-backed infrastructure.’
| Feature | Details |
|---|---|
| Evaluation Model | One-Step, Two-Step, and Nexus challenges |
| Profit Split | Up to 90% |
| Asset Classes | Forex, CFDs, Futures |
| Leverage | Up to 2,000:1 |
| Trading Platforms | ThinkTrader, MT4, MT5 |
| Payout Frequency | Bi-weekly |
| Special Features | Broker-backed infrastructure, advanced trading tools, transparent rules |
2. Goat Funded Trader
Goat Funded Trader gives you a super simple evaluation process, so you won’t have to waste time on long challenges like with other firms. You can get leverage up to 1:100 and have an 80% profit split (which you can boost to 100% with a few add-ons).
You can do news trading and hold positions over the weekend. Payouts are bi-weekly and on demand as well! If you are looking for an easy answer to a funded account with no long evaluation period, this is the right choice for you.
| Feature | Details |
|---|---|
| Evaluation Model | Instant funding with no challenge required |
| Profit Split | 80% standard, up to 100% with add-ons |
| Asset Classes | Forex, Stocks, ETFs, Crypto |
| Leverage | Up to 1:100 |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Payout Frequency | Bi-weekly |
| Special Features | No minimum profit targets, no time limits, weekend holding allowed |
3. FundedNext
FundedNext uses a challenge-based system in which traders pay for an evaluation account. The fees associated with these evaluations depend on the type of challenge and the trading asset class.
The company offers profit-splits of up to 95% and guarantees fast payout processors. The traders can access a plethora of asset classes and this offers a varied trading environment. This includes forex, indices, and commodities.
| Feature | Details |
|---|---|
| Evaluation Model | Instant funding with no challenge required |
| Profit Split | 80% standard, up to 100% with add-ons |
| Asset Classes | Forex, Stocks, ETFs, Crypto |
| Leverage | Up to 1:100 |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Payout Frequency | Bi-weekly |
| Special Features | No minimum profit targets, no time limits, weekend holding allowed |
4. Apex Trader Funding
Futures trading is one of the specializations of Apex Trader Funding, which only takes one step for evaluation. Attaining the predetermined profit target takes at least seven trading days while complying with the outlined risk management guidelines.
The organization supports easy payment systems with trading platforms NinjaTrader and Tradovate. This way, only the traders with the right discipline and expertise are the ones granted with access to funded accounts.
| Feature | Details |
|---|---|
| Evaluation Model | One-Step and Two-Step challenges |
| Profit Split | Up to 95% |
| Asset Classes | Forex, Indices, Commodities, Crypto |
| Leverage | Varies by asset class |
| Trading Platforms | MT4, MT5, cTrader |
| Payout Frequency | Varies by program |
| Special Features | Low evaluation fees, fast payouts, supports various asset classes |
5. My Funded Futures
My Funded Futures has an easy evaluation process, with only one step in the challenge. Traders can complete this in as little as two days! The firm has different funding options, all with a 50% consistency rule.
This helps traders keep their strategies disciplined. My Funded Futures specializes in futures trading, is compatible with NinjaTrader, and has excellent profit split arrangements.
| Feature | Details |
|---|---|
| Evaluation Model | One-Step and Two-Step challenges |
| Profit Split | Up to 95% |
| Asset Classes | Forex, Indices, Commodities, Crypto |
| Leverage | Varies by asset class |
| Trading Platforms | MT4, MT5, cTrader |
| Payout Frequency | Varies by program |
| Special Features | Low evaluation fees, fast payouts, supports various asset classes |
6. Trade The Pool
Trade The Pool has a flexible evaluation system with a target profit goal of 6% and 70% payout divides. The company allows trading in multiple asset classes including equities, ETFs, and indexes, and provides bi-weekly payouts.
Specific evaluation procedures and performance standards must be attained and fulfilled in order for traders to gain the company’s funded user status.
| Feature | Details |
|---|---|
| Evaluation Model | Bootcamp, Hyper Growth, High Stakes programs |
| Profit Split | Up to 100% |
| Asset Classes | Forex, Crypto, Indices |
| Leverage | Varies by program |
| Trading Platforms | MT4, MT5 |
| Payout Frequency | Monthly |
| Special Features | Account scaling up to $4 million, no restrictions on trading style |
7. The5ers
The5ers provides several funding choices like Bootcamp, Hyper Growth, and High Stakes, specifically designed for different trading approaches and risk levels.
The company offers a profit split of 100% with scaling potential as high as $4 million. Traders are able to take on a range of asset classes, including forex, crypto and indices, with an emphasis on risk-averse trading.
| Feature | Details |
|---|---|
| Evaluation Model | Bootcamp, Hyper Growth, High Stakes programs |
| Profit Split | Up to 100% |
| Asset Classes | Forex, Crypto, Indices |
| Leverage | Varies by program |
| Trading Platforms | MT4, MT5 |
| Payout Frequency | Monthly |
| Special Features | Account scaling up to $4 million, no restrictions on trading style |
8. FundingPips
FundingPips provides a two-step evaluation program focused on determining a trader’s consistency and ability to manage risk. The company grants profit splits of up to 90% and allows trading other asset classes besides forex and indices.
To qualify for funded accounts, traders must attain a required level of profitability and work within set drawdown limits.
| Feature | Details |
|---|---|
| Evaluation Model | One-Step, Two-Step, and Three-Step challenges |
| Profit Split | Up to 100% |
| Asset Classes | Forex, Commodities, Indices, Crypto |
| Leverage | Up to 1:100 |
| Trading Platforms | cTrader, Match Trader, TradLocker |
| Payout Frequency | On-demand after achieving consistency score |
| Special Features | Flexible evaluation options, no minimum trading day requirements |
9. FundingFutures
FundingFutures focuses on futures trading and offers a transparent evaluation with easily understandable profit goals and risk management. The company offers competitive profit splits and is integrated with NinjaTrader and Tradovate.
They also offer a variety of futures contracts such as indices, commodities, and forex. This allows for a great diversity for traders.
| Feature | Details |
|---|---|
| Evaluation Model | One-Step challenge |
| Profit Split | Up to 90% |
| Asset Classes | Futures |
| Leverage | Varies by contract |
| Trading Platforms | NinjaTrader, Tradovate |
| Payout Frequency | Bi-weekly |
| Special Features | Fast payouts, supports various futures contracts |
10. Blue Guardian
At Blue Guardian, the team tailors their unique evaluation procedures to help them understand the skills and consistency. The firm does profit-splitting, and this can go as far as 90 percent.
The firm also backs assorted asset classes, inclusive of forex, indices, and commodities. To become a funded user, traders must adhere to the company’s evaluation processes and demonstrate consistent performance.
| Feature | Details |
|---|---|
| Evaluation Model | One-Step challenge |
| Profit Split | Up to 90% |
| Asset Classes | Forex, Indices, Commodities |
| Leverage | Varies by asset class |
| Trading Platforms | Varies by asset class |
| Payout Frequency | Bi-weekly |
| Special Features | Transparent evaluation process, low fees |
Conclusion
In conclusion, Canada’s leading proprietary trading firms provide considerable possibilities for traders, which include adaptable assessment criteria, attractive profit shares, and various asset classes.
Companies such as ThinkCapital, Goat Funded Trader, and The5ers provide quick payouts and strong platforms for both novice and proficient traders. The best firm is based on an individual’s trading strategy, level of risk they are willing to take, and the amount of funding they prefer.
FAQ
What is a prop firm?
A proprietary trading firm provides traders with capital to trade while sharing profits, reducing personal financial risk.
How do I get funded?
Most firms require passing an evaluation or challenge to prove trading skills and risk management.
Which assets can I trade?
Prop firms support Forex, Futures, Indices, Stocks, ETFs, and sometimes Crypto.
What is profit split?
It’s the percentage of profits you keep; Canadian prop firms typically offer 70%-100%.
Is leverage offered?
Yes, leverage varies by firm and asset, often ranging from 1:50 to 1:2000.
