Canada is home to several renowned prop firms, each offering unique benefits, platforms, and trading styles. Here’s a list of the top 10 prop firms in Canada that cater to aspiring and experienced traders alike.
Recommended Prop Firms In Canada
$650,000
*Choose your account type and start trading
$300,000
*Choose your account type and start trading
Top 10 Prop Firms in Canada
1. Fidelcrest
Headquarters: Toronto, ON
Overview:
Fidelcrest is a global prop trading firm with a strong Canadian presence. They specialize in Forex and CFDs and offer funded accounts to traders who pass their evaluation process. With competitive profit splits of up to 80%, Fidelcrest is a favorite among disciplined traders.
Key Features:
- Funded accounts starting at $25,000 to $1,000,000
- No monthly fees during the evaluation phase
- Emphasis on risk management strategies
2. Topstep
Headquarters: Remote but widely used in Canada
Overview:
Topstep focuses on futures trading and provides traders with a structured path to secure funding. Their innovative “earn your way” evaluation ensures that traders develop sustainable strategies before scaling up.
Key Features:
- Futures and Forex trading opportunities
- Educational resources and community support
- Multiple payout options
3. My Forex Funds (MFF)
Headquarters: Mississauga, ON
Overview:
My Forex Funds is a fast-growing prop firm that provides traders with affordable evaluations and generous profit splits. Their programs cater to different experience levels, including accelerated funding for seasoned traders.
Key Features:
- Evaluation, rapid, and accelerated funding models
- Profit splits up to 85%
- Minimal trading restrictions
4. FTMO
Headquarters: International (popular in Canada)
Overview:
FTMO is a leader in the prop trading space, known for its rigorous evaluation process and high-quality support. Canadian traders value FTMO’s reliability and transparency.
Key Features:
- Accounts up to $200,000
- Extensive analytics tools
- Consistent trader payouts
5. Lux Trading Firm
Headquarters: Calgary, AB
Overview:
Lux Trading Firm caters to Forex and stock traders looking to access significant capital. With their multi-tier funding structure, traders can gradually increase their account size upon meeting performance metrics.
Key Features:
- Multi-asset trading
- Leverage on Forex and stock trading
- Flexible scaling plans
6. The 5%ers
Headquarters: International (active in Canada)
Overview:
The 5%ers is ideal for low-risk traders who prefer swing trading or day trading. They offer instant funding programs, allowing traders to bypass lengthy evaluations.
Key Features:
- No time limits for evaluations
- Real capital from day one
- Great for conservative trading styles
7. SurgeTrader
Headquarters: Remote (popular in Canada)
Overview:
SurgeTrader’s one-phase evaluation program stands out among prop firms. Their simple rules and fast funding make them a favorite for those who want to get started quickly.
Key Features:
- Forex, stocks, and cryptocurrency trading
- Profit splits of up to 90%
- Intuitive trading platforms
8. Earn2Trade
Headquarters: Remote (widely used in Canada)
Overview:
Earn2Trade offers programs like the Gauntlet Mini, which allows traders to demonstrate their skills and secure a funded account. Their focus on futures trading appeals to many in the Canadian market.
Key Features:
- Detailed educational content
- Risk management training
- Futures-focused evaluations
9. T3 Trading Group
Headquarters: Montreal, QC
Overview:
T3 Trading is a hybrid model offering both prop and retail trading solutions. Their prop accounts allow traders to leverage institutional-grade technology and mentorship.
Key Features:
- Proprietary trading tools
- Access to advanced analytics
- Focus on equities and options trading
10. Kershner Trading Group
Headquarters: Vancouver, BC
Overview:
Kershner is a boutique prop firm offering tailored trading programs to experienced traders. Their emphasis on technology and collaborative environments sets them apart.
Key Features:
- Algorithmic trading support
- Focus on performance-driven scaling
- Mentorship opportunities
Choosing the Right Prop Firm in Canada
Selecting the right prop firm depends on your trading goals, experience, and preferred assets. Some traders prioritize high profit splits, while others value educational support or flexible evaluation processes.
To make the most of a prop firm:
- Understand their rules and profit-sharing models
- Ensure your trading style aligns with their offerings
- Consider the costs and scaling opportunities
For Canadian traders, these firms represent some of the best opportunities to access professional capital and elevate trading careers.