Top Funded Trading Accounts to Explore in 2024
The world of trading continues to evolve, and in 2024, funded trading accounts are making waves as a top resource for traders. These platforms offer the unique opportunity to access significant capital without the need to risk your own savings. Whether you’re an experienced trader or just beginning your trading career, funded accounts provide a pathway to scale your strategies. Here’s a statistical look at some of the top-funded trading accounts to watch in 2024.
The Rise of Funded Trading Accounts
With trading gaining unprecedented popularity, experts estimate that the global volume of daily trading activity now exceeds $6.6 trillion¹. This explosive growth has led traders to seek platforms that offer funded accounts, allowing them to focus on refining strategies instead of stressing over high personal investment risks. Funded trading platforms provide professional-grade access to capital while typically offering profit-sharing models and stringent evaluation procedures. For 2024, a few standout platforms have captured the spotlight.
Top Funded Trading Accounts for 2024
1. FTMO
Being a veteran in the space, FTMO maintains its stronghold with a trader-centric model. With more than 10,000 active traders², FTMO is celebrated for its transparent evaluations and risk management guidelines. Their average profit-split ratio is an enticing 80/20, and traders can control accounts going up to $400,000.
2. Topstep
Topstep has long been a favorite among futures traders. It has funded traders with over $2 million in 2023, and its intuitive Trading Combine™ test helps identify promising talents³. What’s special? Traders can adjust their risk comfort levels while engaging in secure demo environments before moving on to live capital.
3. MyForexFunds (MFF)
MFF quickly climbed the ladder, attracting a global user base with its beginner-friendly interface and flexible funding rules. Their traders collectively earned a jaw-dropping $26 million in payouts in 2023⁴. With various account sizes, from $10,000 to $300,000, it caters to all types of traders, including forex scalpers and swing traders.
4. The5ers
This Israel-based platform is famous for offering low-risk capital opportunities. The5ers focuses heavily on the psychological aspects of trading performance and claims an 80% success rate by providing a structured path for new talents. They expect a significant system overhaul in 2024, with an aim to triple their funded trader base.
Why These Rankings Matter
These platforms redefine how traders gain access to markets, emphasizing performance rather than financial risk. Trends indicate that funded trading accounts are becoming crucial entry points for diversifying portfolios. With the industry forecasted to grow by 23% annually through 2026, these platforms are set to play a major role.