10 Best Prop Firms in Canada In 2026

This article will examine the Best Prop Firms in Canada has to offer with a focus on traders looking to obtain funded accounts in 2026.

Proprietary trading firms offer access to large sums of money which enables traders to increase their earnings without the risk of losing their own money.

With so many options available, it is important to learn about each firm’s evaluation criteria, profit splits, fees, and trading restrictions in order to help you find the best fit.

Why Prop Trading is Popular in Canada?

Trading with prop firms in Canada is gaining popularity because traders can get capital, have flexible trading conditions with high profit splits, and won’t risk personal money.

Access to Capital

Prop firms in Canada give traders large funded accounts. They can take on big positions and have opportunities for higher profits without risking personal money.

High Profit Splits

Canadian prop firms have profit-sharing models that let traders keep 80-100% of their profits. This means traders keep most profits, and the firms take the risk.

Low Entry Costs

It is cheaper to get started with prop trading than get brokerage accounts, meaning Canadian traders can get started with even less money.

Flexible Trading Platforms

Canadian prop trading firms let traders use MT4, MT5, cTrader, or TradingView. They can use any platform they want for trading currencies, indices, commodities, and crypto.

Scalable Funding Programs

Canadian prop firms have scaling programs that let traders build accounts to millions. This is based on their performance, driving motivation for a long-term career.

Fast Withdrawals

Canadian prop trading firms offer quick withdrawal periods to traders. They are able to access their profits from trading within a week or two.

Educational Support

Canadian trading firms often provide free coaching to traders. This helps them in developing their trading strategies and improves their risk-free trading with funded accounts.

Risk-Free Trading

Because firms furnish the necessary capital, traders do not have to risk their personal funds. This makes prop trading appealing to Canadians who are looking for a less risky way to access the financial markets.

Key Point

Prop Firm	Key Point
FTMO	Highly reputable, structured challenges, high profit splits (80–90%), scalable funding.
The5ers	Focuses on long-term growth, unique scaling plans, flexible evaluation paths, great for forex traders.
Topstep	Specializes in futures trading, structured evaluation programs, strong trader community.
Goat Funded Trader	Offers challenge-based and instant funding options, fast account approvals, competitive profit splits.
BrightFunded	Customizable challenge structures, flexible scaling, beginner to advanced-friendly funding programs.
FundedNext	Fast-growing, accessible challenges, supports multiple markets (forex, indices), flexible rules.
ThinkCapital	Low fees, professional-style trading environment, supports Canadian traders efficiently.
Funded Trading Plus	Instant funding accounts available, quick access to capital, simple evaluation criteria.
City Traders Imperium (CTI)	Combines funding with mentorship and education, ideal for developing long-term trading skills.
OANDA Prop Trader	Regulated broker-backed prop program, reliable trading conditions, well-suited for forex traders.

1. FTMO

FTMO is one of the most reputed firms in Canada, with a well-structured two-step evaluation (Challenge + Verification) leading to funded accounts upwards of ~$400,000. It’s established a great reputation with a successful track record.

Pricing is dependent on challenge account size (€89 – €1,080) and discounts are common, with varying account size. New traders typically get profit splits of 80-90% with request payouts every 14 days and processing in 1-2 days.

Payment methods include bank transfer or crypto (region dependent). FTMO is compatible with MT4, MT5, cTrader, and DXtrade. They offer scaling plans with additional capital after successful cycles. Traders are often provided with free trials.

FTMO Features

• Account sizes: 10K to 200K
• Profit split: 80 to 90%
• Payout frequency: Bi-weekly or monthly
• Platforms: MT4, MT5, cTrader, DXTrade
• Free trial: Yes (demo challenge)
• Payment methods: Bank transfer, card, Skrill, crypto
• Withdrawals: Fast wire transfer processing

FTMO Pros & Cons

Pros

• High profit split (up to 90%)
• Free trial challenge available
• Multiple platforms (MT4, MT5, cTrader, DXTrade)
• Fast bi-weekly payouts
• Strong global reputation

Cons

• Challenge fees can be expensive
• Strict trading rules (daily loss limits)
• Limited asset classes compared to futures-focused firms

2. The5ers

The5ers has a good reputation in the international prop firm with a long track record and reputation since 2016, boasting accounts scaling to multimillions.

Starting prices are low, from $39 and higher for low account assessments, and larger evaluations are more expensive based on size and program type (Bootcamp, High Stakes, Hyper Growth).

Traders appreciate profit splits of 50 to 100%, depending on program and performance, and evaluations have no strict time limits. Evaluations can be completed at any time. Withdrawals are through RiseWorks, crypto, bank transfer, or in-platform credits, with a minimum payout of $150 and a typical payout windows funded every two weeks.

The5ers is known for supporting MetaTrader platforms (especially MT5) and has a reputation for clear terms and supporting traders.

The5ers Features

• Funding up to 4M with scaling
• Profit split: 50 to 100% varying by program
• Payout frequency: Every 14 days
• Platforms: MT4, MT5
• Free trial: Not standard, but educational resources provided
• Payment methods: Card, Stripe, Confirmo, wire transfer
• Withdrawals: Bank transfer, Visa card, crypto

The5ers Pros & Cons

Pros

• Funding up to $4M with scaling
• Flexible profit split (50–100%)
• Bi-weekly payouts
• Strong educational resources and community support

Cons

• Lower initial profit split compared to competitors
• Free trial not standard
• Evaluation process can feel lengthy

3. Topstep

Topstep is a futures-focused prop trading company with a Trading Combine evaluation that funds traders. Pricing is $49–$149 per month based on account size, with monthly fees (typically $49–$149 based on account size).

Funded account balances can go as high as $150,000. Profit can be 100% of a trader’s gain up to $10,000, then a 90/10 split after that. Once the eligibility requirements (e.g., winning days) are satisfied, the profit withdraw is possible.

After achieving 30 winning days, full balance daily payouts are available. Standard withdrawal methods are used, and payouts are processed within 1–2 business days.

Topstep has its own custom-built system called TopstepX, in addition to other partner integrations, and is most focused on CME futures, as opposed to Forex or CFDs.

Topstep Features

• Account sizes: 50K to 150K
• Focus on futures trading (CME markets)
• Profit split: 100% of the first 10K, then 90%
• Payout frequency: Weekly, daily after 30 winning days
• Platforms: TopstepX, TradingView integration
• Free trial: No, but coaching programs available
• Payment methods: PayPal, card
• Withdrawals: ACH, Wise, wire transfer

Topstep Pros & Cons

Pros

• Specializes in futures trading (CME markets)
• 100% of first $10K profits, then 90% split
• Weekly payouts, daily after 30 winning days
• Coaching and trader development programs

Cons

• Monthly subscription fees ($165–$375)
• No free trial challenge
• Limited to futures, not forex or crypto

4. Goat Funded Trader

Goat Funded Trader appeals to Canadians due to quick access to funded accounts, with flexible challenge setups and even instant funding to reduce waiting time. Evaluation fees are typical and scale with account size, and once funded, traders can access an 80% profit split, with the option to boost to 100% through paid add-ons.

They support MT4 and MT5, as well as multiple trading verticals including Forex, stocks, ETFs, and crypto. Payouts are bi-weekly or on demand and payment methods are typically bank and crypto.

Trading through the weekend and news holding are typically allowed, which makes this firm attractive to those who want active trading and fast funding with wide access to markets.

Goat Funded Trader Features

• Multi-step challenges & instant funding
• Account sizes: Up to 200K
• Profit split: 80 to 100%
• Withdrawal Processing Time: 72 Hours
• Payment Methods: Card, Crypto, Bank Transfer
• Free Trial: No
• Platforms: Match-Trader, TradeLocker, MT5
• Payout Frequency: 10–14 Days

 Goat Funded Trader Pros & Cons

Pros

• Instant funding options available
• High profit split (up to 100%)- Payouts every 10-14 days.
• Multiple platforms (MT5, TradeLocker, Match-Trader)

Cons

• Free trial not offered
• New company, not very known
• Fees during evaluations may be high for larger accounts

5. BrightFunded

BrightFunded employs a multi-phase approach with a profit target (typically around 8%), coupled with a drawdown limit for accounts sized from $5,000 to $200,000. Standard profit allocations start around 80% and scale to 100% as traders advance.

The challenge fee is account dependent and customizable with optional add-ons (e.g., no minimum trading days, weekly payouts). Withdrawals are available weekly and processed within hours. Bank and crypto transfers are accepted.

Support for BrightFunded is the in-house web solution, cTrader, and a dedicated support staff. New traders can test the rules through trial programs and loyalty initiatives, which can be free. BrightFunded

BrightFunded Features

• Withdrawal Methods: Bank Transfer, Crypto
• Payment Methods: Wire Transfer, Crypto, Card
• Promotions Offered: No, but Free Trial unavailable
• Platforms: DXTrade, cTrader, MT5
• Payout Frequency: 24-hour payouts available, Weekly (7 days)
• Profit Split: 80–100%
• Account Sizes: $5K–$200K (scalable to $400K)

BrightFunded Pros & Cons

Pros

• Fast payouts (weekly, even 24-hour options)
• Up to 100% Profit split
• Several platforms available (MT5, cTrader, DXTrade)
• Scaling up to $400K

Cons

• No free trial
• Smaller starting account sizes compared to competitors
• Less recognition globally compared to FTMO, Topstep, etc.

6. FundedNext

FundedNext’s popularity is growing due to its flexible challenge structures (one-step, two-step, and instant funding) and high splits, which can be 95% (and claims to be 100% under certain conditions).

Account sizes typically range from $5,000 to over $200,000, with fees dependent on the account size and challenge type. Supported platforms are MT4, MT5, cTrader, and TradingView; leverage is often 1:100. Traders can expect fast payouts (often within 5 trading days).

Payments are made via bank transfer, card, PayPal, Skrill, and crypto (Fuelled by RiseWorks). Traders can enjoy no time restrictions and can trade at their own pace.

FundedNext Features

• Withdrawals: Global Coverage
• Payment Methods: Wire Transfer, Card, Crypto
• Free Trial: Yes (demo challenge)
• Payout Frequency: Bi-weekly (after 5–21 days)
• Platforms: cTrader, Match-Trader, MT5, and MT4
• Profit Split: 60–95% + Challenge 15% Reward
• Account Sizes: Up to $300K

FundedNext Pros & Cons

Pros

• Large stick sizes ($300K)
• Profit share (95%) + $15 reward during challenge (15% profit share)
• Payouts every 2 weeks
• Free trial challenge offered

Cons

• Payouts are delayed during the first 5-21 days
• Rules are more stringent compared to other companies
• New company compared to FTMO

7. ThinkCapital

ThinkCapital provides funding options for Canadian traders thanks to their partnership with an investment broker, with evaluations that include One‑Phase, Dual Step, and the Nexus Challenge. Funded accounts can go up to ~$1M.

Profits are split up to 90%, and traders can expect a payout every week. Payments and withdrawals are direct to traders’ accounts via bank or e-wallet. ThinkCapital offers TradingView and ThinkTrader, where traders can customize their setups for quick execution and access to risk management tools.

With fewer limits on the types of drawdown and trading strategies, ThinkCapital can be a good option for retail traders looking to make the transition to a funded prop trading firm.

ThinkCapital Features

• Withdrawals: Fast Global Processing
• Payment Methods: Wire Transfer, Crypto, Card
• Free Trial: No
• Platforms: TradingView, ThinkTrader, MT5
• Payout Frequency: Bi-weekly
• Profit Split: Up to 90%
• Account Sizes: Up to $200K

ThinkCapital Pros & Cons

Pros

• Profit share (90%)
• Payouts every 2 weeks
• MT5, ThinkTrader, TradingView

Cons

• No free trial
• Smaller max account size ($200K)
• Less history compared to other firms

8. Funded Trading Plus

Thanks to their instant funding option, Funded Trading Plus lets traders bypass lengthy evaluation processes. With focused funding options, traders can access accounts with profit splits of 80% or more and withdraw and payout profits bi‑weekly or faster.

Funded Trading Plus sets funding options based on the trader’s location, with bank or crypto transfers available for withdrawn profits. Funded Trading Plus supports numerous assets with accounts and offers trading on MT4 and MT5.

Newer traders are supported through risk parameters and funding criteria thanks to strong trading communities and customer support.

Funded Trading Plus Features

• Payout Frequency: Instant accounts: From Day One
• Platforms: cTrader, Match-Trader, DXTrade, MT5, MT4
• Profit Split: 80–100%
• Account Sizes: $5K to $200K (instant funding available)
• Trial Period: There is no free trial, but there are challenges with no time limit.
• Accepted Payments: Credit card, cryptocurrency, wire transfers.
• Withdrawal Timeframe: Each request takes 1 to 3 business days.

Funded Trading Plus Pros & Cons

Pros

• Instant funding available
• 100% profit split
• Withdrawals from day one
• Multiple platforms (MT4, MT5, DXTrade, Match-Trader, cTrader)

Cons

• Free trial not offered
• Evaluation fees can be high for larger accounts
• Less established reputation compared to FTMO

9. City Traders Imperium (CTI)

Canadian traders can benefit from the blend of mentor-led trading education and capital funding offered by City Traders Imperium. They renowned for education and support about trading psychology.

Funded accounts are given after the acquisition of long-term skills through education. Funding caps are large (reportedly up to ~$4M) and profit splits are generous reaching 80-100%. Payout structures can also vary from weekly to bi-weekly.

Coaches also support traders on major third-party platforms (like MT4, MT5, and possibly other proprietary tools). Payments can be made through bank transfers, crypto, RiseWorks, etc.

City Traders Imperium (CTI)

• Up to $4M in financing, plus scaling.
• Profit barrier: 100%
• Payout interval: Monthly, bi-weekly
• Compatible Platforms: MT4, MT5
• Trial Period: No, but includes access to CTI Academy
• Accepted Payment: Credit card, cryptocurrency, wire transfers.
• Withdrawal Timeframe: Processing takes 1 to 3 business days

City Traders Imperium (CTI) Pros & Cons

Pros

• Funding up to $4M with scaling
• Profit split up to 100%
• Access to CTI Academy for education
• Flexible payout cycles (monthly or bi-weekly)

Cons

• Free trial not available
• Evaluation process can be demanding
• Smaller brand recognition compared to FTMO

10. OANDA Prop Trader

He OANDA Prop Trader is an extension of the well-known broker who offers OANDA Prop Trader to Canadian traders of OANDA Fore. Canadian traders are also offered .. He proprietary trading firm offers Canadian traders pre-defined challenges with support for up to 80–90% profit split.

Traders cannot be funded by an unregulated entity, so this is an added advantage to OANDA Prop Trader. He offers support that is structured. Proprietary trading challenges are of static and trailing drawdown types and funded traders are allowed to make withdrawals on a bi-weekly basis.

Educational materials and clear pricing make this a good option for beginners in prop trading. They support platforms such as OANDA’s proprietary tools and MT5, and focus more on forex, metals, commodities, and indices rather than crypto.

OANDA Prop Trader Feratures

• Account sizes: $5,000 to $500,000
• Profit Split: 80% to 90%
• Frequency of payouts: Every 7 to 14 days
• Platforms: MT5 (broker-backed reliability)
• Free trial: Available occasionally
• Accepted Payments: Credit card, crypto, wire transfers.
• Withdrawal Method: Bank transfer.

OANDA Prop Trader Pros & Cons

Pros

• Backed by a major broker (OANDA)
• Large account sizes (up to $500K)
• Profit split up to 90%
• Reliable MT5 platform

Cons

• Free trial only occasionally offered
• Payouts limited to every 7–14 days
• Higher challenge fees for larger accounts

How to Choose the Right Prop Firm?

Evaluate Profit Split

Pick profit split (80–100\%) which allows you to keep the most with the firm shouldering the risk and the funding helping you to reduce your losses.

Check Payout Frequency

Payout options should be available weekly or bi-weekly. This will allow you to keep trade cash flow without waiting for a long time.

Review Trading Platforms

You should choose firms using MT4, MT5, cTrader, or TradingView. This will match your strategy and your preferred market, be it forex, indices, commodities, or crypto.

Assess Account Sizes

You should choose a firm that has flexible account options, starting from small to millions, so that good traders can grow their trading careers.

Understand Challenge Rules

Look for profit target achievements, time limit constraints and equity drawdown rules to make sure they fit your trading and risk style.

Verify Payment Methods

Ensure that the firm uses a card, crypto, and bank transfer so that your international deposits and withdrawals can be secured, and simplified.

Check Withdrawal Options

You have to check if the firm has a till and is able to give you your withdrawal through wire transfer, and crypto, for fast and reliable services.

Search for No-Cost Trials

Firms that provide free trial challenges that let you practice and test your strategies without the risk of losing your money and helps you gain confidence with their platform and rules.

Think About Educational Support

Opt for firms that offer coaching, webinars, and trading communities, which help you trade funded accounts with risk and guidance, and support your skill enhancement.

Check for Reputation

Look for reviews, transparency, and payout history to confirm the firm is reputable to trade with around the world and support traders successfully.

Conclusion

Proprietary trading in Canada is becoming an increasingly popular option for traders in need of new avenues for accessing capital, relaxed regulations, and the ability to earn high profits without having to put their own money at risk.

Companies like FTMO, The5ers, Topstep, Goat Funded Trader, BrightFunded, FundedNext, ThinkCapital, Funded Trading Plus, City Traders Imperium (CTI), and OANDA Prop Trader have been recognized for their high-quality funding options, quick payouts, and multiple trading platforms.

They are all very different from one another, and some of the more major differences are OANDA’s broker-backed versatility, Topstep’s futures-siloed focus, and FTMO’s well-established global pedigree.

There is great diversity in Canadian prop trading firms. Because of this, depending on one’s individual objectives (i.e. scaling, profit split optimization, immediate withdrawal access), one will ultimately determine which prop firm is best for them. It thus allows traders to establish viable professions in the financial markets.

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