10 Prop Firms Accepting US Traders Legally

This article will focus on legal prop firms that accept US traders and offer funding opportunities without legal issues. These firms have safe and structured ways to access funding and offer evaluations, fees, drawdown rules, and profit splits that are clear and competitive.

US traders have limited options to safely scale accounts and withdraw profits, and this guide will explain the features, pros and cons, and safe options available to US traders. Of the firms in the guide, the ones that offer the most compliant funding opportunities will be prioritized the most.

What is Prop Firms?

A prop firm (or proprietary trading firm) finances traders to trade in markets like forex, futures, stocks, and crypto. Traders do not trade using their own finances as they must pass an evaluation or challenge to get a funded account.

The profit they bring from trading is split based on each firm’s designated profit split. To enclose their capital, prop firms give skilled traders the chance to manage larger accounts by limiting drawdown and loss limits. These rules are some of the risk management systems implemented by prop firms.

Why Choose Prop Firms Accepting US Traders Legally

Access to Regulated Trading: Legal prop firms accept US traders into well-structured programs with documented business practices and trading rules.

Safer Fund Management: These firms create a safer trading environment with clear account agreements, payout policies, and risk management systems.

Consistent Payouts: Legitimate prop firms ensure consistent profit sharing with documented payouts and clear withdrawal guidelines.

Traders are Better Protected: Generally, prop firms that accept US traders offer better terms, clearer dispute resolution, and professional trader support.

Larger Capital: Traders are offered larger funded accounts without the burden of personally funding them.

Clarity of Trading Rules: Legal prop firms are clear about their requirements for evaluations, fees, profit targets, and drawdown limits.

Protected Trading Environment: Legal prop firms provide traders with the tools and structures of professional market trading.

Better Trust and Reputation: Choosing legally operating prop firms reduces the risk of scams and unreliability in payouts.

Adaptive Funding Choices: Flexible scaling plans, varying account sizes, and challenge types tailored to trading goals are common in these firms.

Consistent Growth: Quality prop firms focus on helping skilled traders gain funding and professional market trading experience.

Key Features Of Prop Firms Accepting US Traders Legally

Key Feature	Description
Legal US Trader Access	Allows traders from the United States to participate through compliant and transparent funded trading programs.
Verified Business Operations	Maintains clear company information, terms, and operational practices to build trader confidence.
Transparent Evaluation Process	Provides clear challenge rules, profit targets, trading requirements, and account conditions.
Secure Payout System	Offers reliable withdrawal processes with documented payout policies and payment tracking.
Competitive Profit Split	Enables traders to keep a percentage of their profits based on predefined profit-sharing agreements.
Multiple Funding Options	Provides different account sizes and funding levels to support beginner and experienced traders.
Risk Management Rules	Includes daily loss limits, maximum drawdown rules, and trading guidelines to protect firm capital.
Professional Trading Platforms	Supports popular trading platforms with tools for analysis, execution, and account management.
Flexible Trading Conditions	Offers different trading styles, strategies, markets, and account models depending on the program.
Trader Support Services	Provides customer assistance, educational resources, and account guidance for funded traders.

Key Point & Prop Firms Accepting US Traders Legally

• TradeDay – Offers structured trader development with compliance‑focused funding.
• Apex Trader Funding – Known for flexible scaling and US‑friendly legal frameworks.
• Take Profit Trader – Provides transparent evaluation and fair payout policies.
• Funding Pips – Specializes in forex funding with clear compliance standards.
• Goat Funded Trader – Focuses on trader growth with competitive profit splits.
• Funded Trading Plus – Offers multi‑asset funding with strong legal safeguards.
• TradersYard – Community‑driven prop firm with collaborative trading support.
• Alpha Capital Group – UK‑based firm legally open to US traders with robust compliance.
• MyFundedFX – Provides fast evaluations and payout flexibility for US traders.
• Lucid Trading – Emphasizes clarity in rules and legal acceptance for US clients.

10 Prop Firms Accepting US Traders Legally

1. TradeDay

TradeDay only works with CME Futures, having been founded in 2020. Based in Chicago, fees from TradeDay for a $50,000 account start at $87 per month, and are $262 per month for a $150,000 account. They provide a maximum of $150,000 in funding, and profit splits between 80% – 95% depending on performance.

TradeDay’s Drawdown options include Intraday trailing, end-of-day trailing, and static models. TradeDay has a single phase, unlimited time evaluation for a 6% profit target. They offer payouts within 24 hours and allow withdrawals from day one. Of prop firms for US traders, TradeDay prides itself as one of the firms in the CME and CFTC compliance.

TradeDay Details

• Chicago Futures Firm (2020)
• $87 monthly + fees
• $150K max funding
• 80–95% profit split
• End of Day (EOD) & Static drawdown

Advantages	Disadvantages
Low monthly fees starting at $87	Limited to futures only
Fast payouts within 24 hours	Max funding capped at $150K
Multiple drawdown models offered	No multi‑asset trading
Transparent evaluation rules	Smaller scaling potential
Strong CME/CFTC compliance	Narrow profit split range

2. Apex Trader Funding

Apex Trader Funding started its operations in 2021 in Austin Texas and is focused on futures alone. Fees are in the range of $79 – $137 depending on the account size. The maximum funding is $300,000 and traders can open up to 20 accounts.

Profit split is 100% for the first $25,000 and 90/10 thereafter. Drawdown is end-of-day trailing. Evaluations have a 6% profit target and a minimum of 7 days of trading is required.

Apex Trader Funding has paid out over $700 million to traders since it started operations and has 8-day payout cycles. Apex Trader Funding is one of the legally operating US prop firms and has strict rules on overnight trading. 

Apex Trader Funding Details

• Texas Futures Firm (2021)
• $79 – $137 monthly
• $300K max funding (multiple accounts)
• 100% profit split (first $25K) then 90%
• EOD Trailing drawdown

Advantages	Disadvantages
Large funding up to $300K	Futures only, no forex/CFDs
100% profit split on first $25K	Strict overnight rules
Affordable entry fees	End‑of‑day trailing only
Multiple accounts allowed	Evaluation requires minimum trading days
Strong US legal compliance	Payouts limited to cycles

3. Take Profit Trader

Founded in 2021 in Florida, Take Profit Trader provides futures-only accounts. Account sizes reach $150K, with a monthly membership at $150–$360. Profit splits are 80/20 on PRO accounts, with splits increasing to 90/10 on PRO+ accounts after $5K in profits. A trailing drawdown, also at 6%, is set at the end of the trading day.

Profit target evaluations are also set at 6% with a minimum of 5 trading days. Take Profit Trader has a unique advantage on prop firms among US traders in that payouts can be withdrawn daily from day one and are paid via ACH, PayPal, or Wise.

While trading futures accounts with prop firms are relatively new, the Better Business Bureau has noted a pattern of complaints against Take Profit Trader.

Take Profit Trader Details

• Florida Futures Firm (2021)
• $150 – $360 monthly
• $150K max funding
• 80–90% profit split
• EOD Trailing drawdown

Advantages	Disadvantages
Transparent evaluation	Higher monthly fees ($150–$360)
Daily payouts available	Max funding capped at $150K
Strong compliance focus	Limited to futures
Flexible profit splits up to 90%	BBB complaint patterns noted
Clear rules and targets	Smaller scaling potential

4. Funding Pips

Funding Pips is a Dubai based firm, launching in 2022, offering forex and CFD trading for crypto and indices. Entry fees range from $29 – $499. Access to accounts up to $2M is available through their scaling plan. Profit splits in the Hot Seat program are 80% bi-weekly or 100% monthly.

Drawdown is static 6–10% for standard accounts, with looser limits for Pro models, and a trailing drawdown for instant-funded Zero accounts. Evaluation steps consist of 1-step, 2-step, and instant options. Funding Pips also appears in the list of prop firms accepting US traders legally. Post-funding, however, their policies are more restrictive.

Funding Pips Details

• Dubai Forex/CFDs (2022)
• $29 – $499 one-time fee
• $2M max funding (scaling)
• 80–100% profit split
• Static & Trailing drawdown

Advantages	Disadvantages
Multi‑asset trading (forex, crypto, indices)	Stricter rules post‑funding
Low entry fees ($29)	Complex drawdown models
Large scaling up to $2M	Newer firm, less track record
Profit splits up to 100%	Higher risk for US traders in CFDs
Multiple evaluation options	Less transparent regulation

5. Goat Funded Trader

Goat Funded Trader was established in 2023 and has offices in Hong Kong and Spain. Refundable fees are program dependent. Funding starts from $2.5K. The maximum funding available is $2M. Profit splits start at 80%. Add-ons allow for upgrades to a 95-100% profit split.

Drawdown is fixed at 4% for a daily drawdown and between 6%-10% for an overall drawdown. Some programs include a trailing drawdown. Drawdown models are also available. The following evaluation models are available: 1-step, 2-step, 3-step evaluations, Blitz evaluations, and instant funding models.

Payouts are processed bi-weekly and early payouts are restricted. Goat Funded Trader is a flexible and easy-to-use prop firm. The firm is also unregulated and capped on USD balances. US traders are legally accepted.

Goat Funded Trader Details

• 2023 Hong Kong/Spain
• Refundable entry fees
• $2M max funding
• 80–95% profit split
• Static & Trailing drawdown

Advantages	Disadvantages
Refundable entry fees	Daily profit caps
Max funding up to $2M	Unregulated structure
Profit splits up to 95%	Complex evaluation models
Multiple program options	Limited transparency
Flexible payout cycles	Newer firm, less proven

6. Funded Trading Plus

Funded Trading Plus is a UK-based prop firm founded in 2021 that funds traders through CFDs in various financial markets. Initial fees are between $50 and $1,500 and are relative to the funding program chosen. The maximum funding option is $2.5 Million USD.

Profit sharing starts at 80% and can reach 100%. Trailing and static drawdown are available to participants. Evaluations can be one or two-step and instant funding is available as well.

Participants can receive funding within the week or two, with a guaranteed payout in 1-3 days. Funded Trading Plus is a prop firm that legally accepts US nationals and offers transparent funding practices with a HQ based in the UK.

Funded Trading Plus Details

• UK multi-asset (2021)
• $50 – $1,500 entry fee
• $2.5M max funding
• 80–100% profit split
• Static & Trailing drawdown

Advantages	Disadvantages
UK‑based compliance	Higher fees for larger accounts
Multi‑asset trading	Drawdown rules can be strict
Max funding $2.5M	Evaluation complexity
Profit splits up to 100%	Limited US visibility
Weekly/bi‑weekly payouts	Scaling requires consistency

7. TradersYard

Founded in 2024 in Austria, TradersYard offers trading options for forex, crypto, indices, metals, and stocks. If you have a $10K account, your fee would be $79 and a $100K account would be $499. $500K is the max account funding with an 80% to 95% profit split.

Evaluations are 2-steps with a 10% target in step 1 and 5% in step 2. Drawdown limits are 5% for the day and 10% overall. Withdrawals are done bi-weekly, but you can opt for a 7-day withdrawal cycle. TradersYard is one of the newer prop firms that legally cater to US traders, but there are some issues with the firm’s transparency.

TradersYard Details

• Austria multi-asset (2024)
• $79 – $499 fees
• $500K max funding
• 80–95% profit split
• 5% daily drawdown and 10% overall

Advantages	Disadvantages
Multi‑asset coverage	New firm (2024), less track record
Affordable fees ($79–$499)	Max funding capped at $500K
Profit splits up to 95%	Strict daily drawdown (5%)
Transparent 2‑step evaluation	Limited payout cycles
Community‑driven support	Smaller scaling potential

8. Alpha Capital Group

Established in 2021, Alpha Capital Group provides trading in forex, metals, indices, and oil in London. Account sizes reach up to $200K with a total firm equity of $400K. The profit split is 80% and the drawdown is a static 6% to 10% on an overall basis with 4% to 5% on a daily basis.

The types of evaluation models include 1, 2, and 3-step. A unique feature of the firm is that the payouts are processed either bi-weekly or on-demand with a payout processing time of 2 days. Though reviews caution about withdrawal issues, this firm accepts US traders legally.

Alpha Capital Group Details

• London forex/indices (2021)
• $50 – $577 fees
• $400K max funding (combined)
• 80% profit split (fixed)
• Static & daily drawdown

Advantages	Disadvantages
UK‑based legal compliance	Fixed 80% profit split
Multi‑asset trading	Max funding capped at $400K
Affordable fees ($50–$577)	Reports of withdrawal disputes
Multiple evaluation models	Limited scaling
Fast payouts	Drawdown rules strict

9. MyFundedFX

Founded as a legal US prop firm accepting US traders in 2023 in Dallas, Texas, MyFundedFX trades in forex, indices, metals, and crypto, with fees of $59 for small accounts, scaling up to $1,499. Maximum fund size is $300K, with scaling up to $1.5M.

Profit split ranges are 80% to 90% and are dependent on performance. Drawdown rules consist of a 4% daily and 6–10% overall. Evaluations consist of a 1-step, 2-step and Express Quickpass models. Payouts are done bi-weekly and processed in 1–7 business days. 

MyFundedFX Details

• Founded 2023, Dallas multi‑asset
• Fees $59–$1,499
• Max funding $1.5M scaling
• Profit split 80–90%
• Daily & trailing drawdown

Advantages	Disadvantages
US‑based firm	Higher fees for larger accounts
Max funding up to $1.5M	Drawdown rules strict
Profit splits up to 90%	Newer firm (2023)
Fast payouts (1–7 days)	Limited transparency on regulation
Multiple evaluation models	Scaling requires consistency

10. Lucid Trading

Lucid Trading is a US based firm founded in 2025. Futures trading only. Fee ranges are between $75 – $175 and account balances range from $25K – $150K.

Maximum account balances are $150K with scaling via LucidLive. Profit splits are 90/10 with account balances up to $10K are 100% profit. End of day trailing drawdowns are set at 4%. There is not a daily loss limit with the LucidFlex account.

Evaluations are single phase with a 6% target or instant funding with the LucidDirect account. Prop trading firms that are legal in the US have a reputation for very slow payouts but Lucid Trading is not typical. They pay very quickly with payouts via same day ACH.

Lucid Trading Details

• Founded 2025, US futures firm
• Fees $75–$175
• Max funding $150K
• Profit split 90%, 100% first $10K
• End‑of‑day trailing drawdown

Advantages	Disadvantages
Ultra‑fast payouts (15 minutes ACH)	Very new firm (2025)
Futures‑focused compliance	Max funding capped at $150K
Profit splits up to 100%	Limited to futures only
Flexible evaluation models	Narrow scaling potential
Transparent rules	Smaller account sizes

Comparison Table

Prop Firm	Fees	Max Funding	Profit Split	Drawdown Method
TradeDay	$87–$262/month	$150K	80–95%	Intraday, end‑of‑day, static
Apex Trader Funding	$79–$137/month	$300K	100% first $25K, then 90%	End‑of‑day trailing
Take Profit Trader	$150–$360/month	$150K	80–90%	End‑of‑day trailing
Funding Pips	$29–$499 one‑time	$2M	80–100%	Static & trailing
Goat Funded Trader	Refundable fees	$2M	80–95%	Static & trailing
Funded Trading Plus	$50–$1,500	$2.5M	80–100%	Static & trailing
TradersYard	$79–$499	$500K	80–95%	5% daily, 10% overall
Alpha Capital Group	$50–$577	$400K combined	80% fixed	Static & daily
MyFundedFX	$59–$1,499	$1.5M scaling	80–90%	Daily & trailing
Lucid Trading	$75–$175	$150K	90%, 100% first $10K	End‑of‑day trailing

Conclusion

Proprietary trading firms enable traders to obtain funding without the issues that come with outside investment, main of which are funding scams.

The firms discussed in this paper, including TradeDay, Apex Trader Funding, Take Profit Trader, Funding Pips, Goat Funded Trader, Funded Trading Plus, TradersYard, Alpha Capital Group, MyFundedFX, and Lucid Trading, create well documented funding evaluations with clear fees, drawdown limits, and profit splits.

The most significant benefit of these firms for US traders is that they are legal. Since all these firms are compliant and operating legally, traders can grow their accounts, withdraw their trading profits, and trade without any issues that come with regulatory concerns.

Whether they are futures driven firms like TradeDay and Apex or firms that allow trading of multiple different assets, like Funding Pips and Alpha Capital Group, they all offer a variety of options to choose from.

FAQ