Best Prop Trading Firms in Canada 2024 (2024)

Top Prop Trading Firms in Canada 2024

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Take Profit Trader

4.7 stars

Service Type Prop Trading Firm

Best For Futures traders

Benefits

Overview

Company

  • Specialized in futures trading.
  • One-time fee for pro accounts.
  • Realistic profit targets.
  • High-quality customer support
  • Regular trading competitions.
  • Promo: Coupon Code MODESTMONEY for 50% off

Take Profit Trader is a prominent prop trading firm that specializes in funding futures traders. The firm is known for its straightforward and user-friendly approach, which is devoid of hidden complexities, making the trading journey smooth and efficient.

While the firm is not based in Canada, Canadian traders and people located in Canada are welcome on the platform.

The firm emphasizes empowering traders with quality education and practical trading experience. Take Profit Trader's approach to trading is centered around simple rules, which aids in the development of effective trading strategies. Their model of providing funding and allowing traders to use their trading skills to generate consistent profits has gained popularity among futures traders.

Take Profit Trader was founded to simplify the path to becoming a funded trader. The company focuses on providing an environment where traders can hone their skills and achieve consistent profitability.

Its unique blend of practical trading opportunities and comprehensive educational resources sets it apart in the prop trading industry.

Click here for a comprehensive review of Take Profit Trader.

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Maven Trading

4.6 stars

Service Type Prop Trading Firm

Best For Instant funding

Benefits

Overview

Company

  • Instant funding options.
  • Multiple asset classes.
  • Flexible trading strategies.
  • Competitive profit splits.
  • Strong educational support.

Maven Trading, a Canadian-based proprietary trading firm, offers a unique proposition with instant funding options, making it an attractive choice for traders who want to bypass lengthy evaluation processes. The firm's diverse range of tradable assets, including forex, stocks, and commodities, caters to various trading preferences.

Traders at Maven benefit from the firm's flexible approach to trading strategies, enabling them to employ their preferred methods without stringent restrictions. Furthermore, the competitive profit splits offered by Maven incentivize traders to maximize their trading potential.

Established in Canada, Maven Trading has quickly made a name for itself in the prop trading space. The firm's commitment to providing traders with immediate access to capital and a supportive educational environment underscores its dedication to fostering trading talent.

With a focus on nurturing both novice and experienced traders, Maven has become a go-to destination for many looking to amplify their trading careers.

For a full review of Maven Trading, click here.

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TopStep Trader

4.6 stars

Service Type Simulated live trading

Best For Futures and forex

Benefits

Overview

Company

  • Structured evaluation program.
  • Focus on forex and futures.
  • No risk of personal capital.
  • Educational resources available.
  • Access to a professional trading community.
  • Promo: Save 20% via our link today

TopStep Trader offers a unique platform for traders specializing in forex and futures. It's known for its structured evaluation program, the "Trading Combine," which tests traders' skills in a simulated environment. The program focuses on risk management and consistent profitability, preparing traders for real-market conditions.

TopStep is another firm that welcomes Canada-based traders even though they are headquartered elsewhere.

The firm does not require traders to risk their personal capital. Instead, TopStep provides the capital once traders successfully pass the evaluation. This approach not only lowers the entry barrier for new traders but also instills a disciplined trading mindset.

Founded in the United States, TopStep Trader has grown into a globally recognized prop trading firm. Its commitment to nurturing successful trading careers is evident in its comprehensive educational resources and supportive trading community. TopStep Trader’s mission is to find talented traders and give them the tools to succeed in the financial markets.

If you’re looking for a deeper dive into TopStep, check out our detailed review of the platform.

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Elite Trader Funding

4.5 stars

Service Type Prop Trading Firm

Best For Variety of assets

Benefits

Overview

Company

  • Relaxed trading rules
  • Wide range of tradable assets.
  • Competitive profit splits.
  • No minimum trading days.
  • One-time fee structure.
  • Promo: Coupon Code ETF4EVER for 65% off

Elite Trader Funding stands out for its relaxed trading rules and a wide array of tradable assets, including forex, indices, and commodities. The firm caters to traders who value flexibility in their trading strategies and seek a variety of markets to trade in.

Elite Trader Funding is another friendly firm for Canadian and Canada-based prop traders, although they are based out of another country.

With no minimum trading days requirement, traders have the freedom to trade on their own schedule, which is particularly appealing to part-time traders. The competitive profit splits offered by Elite Trader Funding incentivize traders to maximize their returns.

Elite Trader Funding is known for its trader-centric approach. The firm’s flexible policies and supportive infrastructure aim to create an environment where traders can thrive without the pressure of stringent rules or excessive fees. Elite Trader Funding focuses on enabling traders to leverage their skills to achieve financial success in the trading world.

Go here to read our full review of Elite Trader Funding.

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Best Prop Trading Firms in Canada 2024 (2024)
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