Proprietary trading, often called prop trading, involves firms trading financial instruments, such as stocks, bonds, currencies, and commodities, using the company’s own funds rather than clients’ money. Prop trading firms have gained significant traction in the European Union (EU) due to their innovative strategies, sophisticated technology, and pro traders.
This article will discuss the 5 best prop trading firms in the EU for 2024.
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FTMO is one of the premier prop trading firms in the EU, renowned for its cutting-edge technology and robust risk management practices. With a diverse team of quantitative analysts, developers, and traders, FMTO excels in algorithmic trading across various asset classes, including equities, derivatives, and foreign exchange.
FTMO’s evaluation process is designed to help traders prove their skills and risk management abilities, ensuring that only skilled traders can access the funded capital. The firm also provides a wealth of educational resources to improve traders’ skills, reflecting its commitment to empowering traders.
FunderPro is a leading proprietary trading firm known for its user-centric approach and unique offerings. Its traders leverage a blend of fundamental analysis, technical indicators, and machine learning algorithms to execute high-frequency trades with precision and efficiency.
FunderPro is the only prop firm that offers options funding without requiring certification or upfront trading capital, making it a distinctive choice for traders. The firm provides live coaching and education for traders, catering to beginner and experienced traders. Traders get up to 90% profit split.
The Trading Pit distinguishes itself with its collaborative trading environment. In this environment, experienced traders mentor and collaborate with novices to foster skill development and trading proficiency. This firm emphasises a hands-on approach to trading education, providing traders with real-time market insights and personalised coaching.
The firm provides trading opportunities across multiple asset classes, catering to the preferences of a wide range of traders. The Trading Pit has a flexible platform design and trading conditions that appeal to EU traders.
True Forex Funds has gained prominence in the EU prop trading landscape by offering a unique blend of discretionary and systematic forex trading strategies. With a seasoned team and global presence, True Forex Funds delivers consistent returns, prioritizing risk management and capital preservation.
The firm provides funding for traders, allowing them to leverage their expertise and trading tools to trade profitably. It also offers global market reach and diversified trading strategies. Traders can get up to $400,000 in funding if they pass the 2-Phase Evaluation Process.
Forex Capital Funds is one of the leading prop trading firms in the EU. It specialises in currency trading across major and exotic pairs. Forex Capital Funds uses macroeconomic analysis, technical research, and quantitative modelling to identify trading opportunities in the forex market.
Forex Capital Funds funds traders to trade forex profitably and earn commissions or profit splits. The company offers up to 90% profit sharing.
Various prop firms populate the EU’s proprietary trading market, each offering unique advantages to traders seeking to capitalise on financial markets. These five firms empower traders to succeed in the dynamic world of trading.
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