10 Best Prop Firms in New Zealand in 2026

For traders looking to maximize profits while reducing personal risk, selecting the Best Prop Firms in New Zealand is an essential first step.

Traders have access to funded accounts, variable payout cycles, and cutting-edge platforms thanks to companies like FTMO, The5ers, FundedNext, Apex Trader Funding, and others that offer a variety of models.

It is crucial to match your trading style with the appropriate opportunity because every organization offers different benefits, such as rapid withdrawals and long-term scaling.

Factors to Consider When Choosing a Prop Firm in New Zealand

Regulation & Trustworthiness

Check the reputation and transparency of a prop firm. They should comply with regulations to protect your interests and bolster your confidence.

Account Size & Scaling

Assess the offered account sizes and the available scaling options to make sure you can scale up by improving your trading performance in firm’s system.

Profit Split

Determine the division of the profits among the participants. Look for a fair share of profits which is a good nad sustainable business practice.

Payout Frequency

Find out the cycle of payouts and employ that with your trading strategies. Weekly, bi-weekly, and monthly are common in the prop trading industry.

Evaluation Rules

Make sure that the participation rules, including the drawdown and the balance rules are in sync with your trading approach and your risk tolerance.

Trading Platforms

Check out the available trading platforms the firm supports, including alternative trading venues. Your manual and automated trading strategies should drive your choice.

Costs & Fees

Account profits and sizes offered by the firm should be juxtaposed with the fees for evaluation, subscriptions, and other expenses to check for value.—

Withdrawal Methods

Scan available withdrawal methods: bank transfer, PayPal, Wise, or crypto. Prioritize convenience, speed, and low fees for accessing profits.

Customer Support

Evaluate the support team for responsiveness, availability, and helpfulness while traders face problems, to ensure support for technical problems, payouts, or account problems.

Educational Resources

Seek mentorship, webinars, or trading guides, and ensure firms offer resources to improve trader competencies for sustained success.

Key Point

Rank	Prop Firm Name
FTMO	Well-established global prop firm with high payouts, serious trader community, scalable capital & strong reputation.
The5ers	Growth-oriented, low-stress evaluation, scaling programs up to multi-million accounts.
FundedNext	Very large maximum capital allocation, flexible funding models, high profit split.
Apex Trader Funding	Top choice especially for futures traders, simple 1-step evaluation, flexible rules.
Topstep	Great for futures traders with structured combine, solid reputation & support.
Take Profit Trader	Fast payouts, minimal rules, good fit for active traders.
Earn2Trade	Educational focus and trader development with a clear career-path model.
MyFundedFutures	Straightforward evaluation model + high profit split.
Alpha Capital Group	UK-based firm with global access and competitive offerings.
FundingPips	NZ-friendly payment methods, instant-style programs, EA compatibility & simple rules.

1. FTMO

One of the most known firms in the world is FTMO. They provide evaluation accounts starting from €89 for $10K challenges. Payment methods are via bank transfer, credit/debit cards, Skrill, and crypto.

Withdrawal methods are also bank transfer and crypto, and can take up to 1-2 business days. Initially, traders get an 80% profit split, which can go up to 90% with the scaling plan. Payouts are eligible 14 days after the initial trade.

FTMO has a free trial challenge for practice. MetaTrader 4, MetaTrader 5, cTrader, and DXTrade are supported, including brokers like Eightcap. FTMO is among the best prop firms in New Zealand for patient traders.

FTMO

• Evaluation accounts from €89 ($10K challenge)
• Profit split: 80–90%
• Payouts: After 14 days from first trade, then on-demand
• Platforms: MT4, MT5, cTrader, DXTrade
• Free trial: Yes (practice challenge)
• Withdrawals: Bank transfer, crypto
• Key feature: Industry leader, scaling plan up to $400K per account

FTMO

Pros:

• Highly respected worldwide with a track record trustworthy for thousands.
• Provides a scaling plan for increasing account size with ongoing positive performance.
• Clear and transparent with their risk management policies and rules.

Cons:

• For some beginners, the evaluation stage may be perceived as needlessly rigorous, and the pressure it creates can be quite stressful.
• Along with some of the newer firms, they do have less competitive fees.
• There is a narrow perspective on futures trading (mostly just forex, indices, and commodities).

2. The5ers

In New Zealand, The5ers is the best for prop trading, founded in Israel The5ers offers funding programs with accounts scaling to $4M. Price ranges per challenge module go from $95-$200 (approx)

Depending on the account type, payouts occur either monthly or bi-weekly. Although The5ers features complimentary learning tools, they do not have a free trial challenge.

You can trade using MetaTrader platforms, and you have access to trade forex, indices, metals, and commodities. Due to The5ers flexible withdrawals and scaling model, they are regarded as one of the best prop firms in New Zealand.

The5ers

• funding up to $4M scaling model
• Profit split: 50–75% (scales higher)
• Payouts: Monthly/bi-weekly
• Platforms: MT4, MT5
• Free trial: No, educational support available
• Withdrawals: Bank transfer, crypto
• Key feature: Strong long-term growth model with lifetime accounts

The5ers

Pros:

• Lifetime accounts, with no time limits on the challenges.
• Plus, they have a proprietary scaling program that fully grows accounts to $4M.
• They have courteous and responsive educational and managerial structures.

Cons:

• Compared to their peers, their initial profit split is less rewarding.
• They pay out less than their competitor.
• They don’t have much of a choice of platforms (don’t go much beyond MT4/MT5).

3. FundedNext

Since its establishment, multiple, flexible accounts have been offered, along with access up to $300K and evaluation fees beginning at $100 to $200. Payments may be made with credit or debit cards, PayPal, and cryptocurrency.

Withdrawals can be made using USDT, USDC, or RiseWorks, and are made within 1 to 5 business days. Profit splits 75-95 % are determined by the type of account and performance. Payout requests can be made after 5-21 days. FundedNext offers a unique free trial challenge.

FundedNext offers trade on MT4, MT5, cTrader, and Match Trader, and grants leverage up to 1:100. FundedNext is among the best prop firms in New Zealand thanks to its flexible payout cycles and high split percentages.

FundedNext

• Accounts up to $300K
• Profit split: 75–95%
• Payouts: Bi-weekly, or on-demand
• Platforms: MT4, MT5, cTrader, MatchTrader
• Free trial: Yes
• Withdrawals: Crypto (USDT/USDC), RiseWorks
• Key feature: 15% profit share during evaluation

FundedNext

Pros:

• They are the only firm that pays out profit shares (15%) even during evaluation.
• Payout cycles are flexible (weekly, bi-weekly, on-demand).
• They support a large variety of platforms, even MatchTrader and cTrader.

Cons:

• Less experienced, so their credibility is still a work in progress.
• Their customer support is not as fast as one may prefer.
• Their evaluation rules are more rigid than some instant funding models.

4. Apex Trader Funding

Focusing solely on futures trading, Apex Trader Funding offers accounts ranging from $25K to $300K at a starting fee of $150. You can pay with a credit or debit card.

Withdrawals are done by ACH or wire transfer, and you keep 100% of the profits for the first $25K, then it is $80-$90 after that. You can request payouts once every 8 days, making Apex one of the best firms for speed.

Apex doesn’t allow free trials, but does allow discounted evaluations. They support NinjaTrader, Tradovate, Rithmic, TradingView, Sierra Chart, and Quantower. Offering up to $6M in funding, they’re one of the most attractive options for futures traders and one of the best prop firms in New Zealand.

Apex Trader Funding

• Futures accounts up to $300K (scaling to $6M)
• Profit split: 100% on first $25K, then 80–90%
• Payout frequency: 8 days
• Key feature: Secured fastest payouts in trading futures.
• Free trial: No.
• Withdrawals: ACH, wire transfer.
• Platforms: NinjaTrader, Tradovate, Rithmic, TradingView, Sierra Chart.

Apex Trader Funding

Pros:

• Industry’s fastest payouts (every 8 days).
• Futures-focused ($6M account scaling).
• Competitively priced subscriptions.

Cons:

• No free trial for practice.
• Only trading futures (no forex/CFDs).
• Steep platform learning (NinjaTrader, Rithmic).

5. Topstep

Established in 2012, Topstep is a futures-only prop firm. They offer accounts of $50K to $150K, and the evaluations start around $165. You are able to pay via credit/debit card and PayPal, and they’ll process withdrawals via bank transfer or Wise.

You keep 90% of the profits, and they’ll offer payouts every 7 days. There is no free trial and you’ll have to do their Trading Combine evaluation, but trading is done on their TopstepX platform, that is built on TradingView.

They have some of the best prop firm coaching available and definitely deserve to be on this list for New Zealand’s finest futures firms.

Topstep

• Payout frequency: 7 days
• Free trial: No.
• Withdrawals: Bank transfer, Wise.
• Key feature: Excellent coaching and trader support.
• Futures accounts from $50K–$150K.
• Profit split: 90%.
• Platforms: TopstepX, TradingView integration.

 Topstep

Pros:

• Established reputation since 2012, very trustworthy.
• Good coaching and trader development.
• Reliable weekly payouts.

Cons:

• Monthly subscription costs are more expensive.
• Futures trading only.
• The process can be time-consuming for new traders to evaluate.

6. Take Profit Trader

With Take Profit Trader, you can get futures accounts of up to $750K; their account size subscription fees are $130–360.

Payment methods are credit/debit cards, PayPal, Wise, and crypto. Withdrawals via PayPal, Wise, or bank transfer are processed within 1 business day. Profit split is 80/20 for PRO accounts and 90/10 for PRO+ accounts.

Funded traders can request payouts from day one. Supported platforms include NinjaTrader, TradingView, Tradovate, Rithmic, CQG, and Quantower. Take Profit Trader is one of the best prop firms in New Zealand because of no free trial but its instant payout model.

 Take Profit Trader

• Payout frequency: Started from funded trading from day 1.
• Free trial: No.
• Withdrawals: PayPal, Wise, bank transfer.
• Key feature: Model of instant payouts.
• Futures accounts up to $750K.
• Profit split: 80-90%, depending on type of account.
• Platforms: NinjaTrader, TradingView, Tradovate, Rithmic, CQG, Quantower.

Take Profit Trader

Pros:

• From day one of funded trading, you can receive payouts immediately.
• Available account sizes are substantial (up to $750K).
• CQG and Quantower among other platforms.

Cons:

• No trial challenge.
• Subscription costs can be high over time.
• Traders who like to take risks may find rules limiting.

7. Earn2Trade

With fees starting around $150, Earn2Trade provides futures funding through programs like Gauntlet Mini and Trader Career Path. Payment methods include credit/debit cards, PayPal, and crypto.

Profit split is 80/20. Withdrawals via bank wire or crypto are processed after traders have a $100 profit and payout is weekly (Tuesdays).

Earn2Trade, with no free trial, has offered educational resources. Platforms include NinjaTrader, Rithmic, and TradingView with CME access. A transparent payout policy and trader education makes Earn2Trade one of the best prop firms in New Zealand.

Earn2Trade

• Payout frequency: Tuesdays.
• Profit split: 80/20.
• Free trial: No.
• Withdrawals: Bank wire, crypto.
• Key feature: Intensive education with CME futures access.
• Programs: Gauntlet Mini, Trader Career Path
• Profit split: 80/20.
• Payout frequency: Weekly (Tuesdays).

 Earn2Trade

Pros:

• Good educational resources with clear and structured paths.
• Payouts are weekly and scheduled, every Tuesday.
• Can trade CME futures.

Cons:

• Profit split is smaller than what new companies offer.
• There are no trial periods for free.
• Payout evaluation process can be advanced for less experienced traders.

8. MyFundedFutures

With fees starting around $100–$200 for futures accounts from $25K to $250K, MyFundedFutures offers accounts. Payment methods include credit cards and crypto. Withdrawals are processed via Rise.

Payouts are possible every 7 days. Integrated platforms are NinjaTrader, TradingView, Tradovate, Quantower, Sierra Chart, and R Trader. There are no free trials, but high profit splits and flexible rules contribute to MyFundedFutures being among the top rank prop firms in New Zealand.

MyFundedFutures

• Payout frequency: 7 days.
• Profit split: 80–100%.
• Futures accounts from $25K–$250K.
• Profit split: 80–100%
• Free trial: No
• Withdrawals: Rise
• Key feature: Unconventional rules and high profit splits

MyFundedFutures

Pros:

• Up to 100% profit splits.
• More flexible guidelines than other firms.
• Compatible with Sierra Chart, Quantower, and other trading platforms.

Cons

• No trial challenges.
• Less well-known than competitors.
• Eductational materials more limited than other firms.

9. Alpha Capital Group

In the UK, Alpha Capital Group provides accounts up to $2M. Evaluation fees begin at approximately $40. Payment options are as follows: crypto, PayPal, wire transfer, and bank transfer.

Withdrawals are through Wise, Rise, or bank transfer, and the profit split is 80%. Depending on the account type, payouts are possible bi-weekly or on-demand.

They offer service on the following platforms: MT5, cTrader, DXTrade and TradeLocker, with a maximum of 1:100 leverage. Alpha Capital Group does not provide a free trial, but close spreads are available. This firm has one of the largest account balance capabilities in New Zealand.

Alpha Capital Group

• Accounts up to $2M
• Profit split: 80%
• Payout frequency: Bi-weekly or on-demand
• Platforms: MT5, cTrader, DXTrade, TradeLocker
• Free trial: No
• Withdrawals: Wise, Rise, bank transfer
• Key feature: High fund limits with international coverage

Alpha Capital Group

Pros:

• High funding limits ($2M).
• Able to use MT5, DXTrade, and TradeLocker.
• Bi-weekly and on-demand payout options.

Cons

• No trial challenges.
• Profit splits of 80% are lower than competitors.
• Fees are higher on larger accounts.

10. FundingPips

FundingPips has a maximum account size of $300K and evaluation fees starting from $100. Payment options include credit/debit card, crypto, Neteller, Skrill, Google Pay, and Apple Pay. Withdrawals are done through A crypto coupled with Rise, and profit split is as high as 100%.

They offer flexible payout cycles: weekly, bi-weekly, monthly, or on-demand. They offer MT5, cTrader, MatchTrader, and TradeLocker. They offer competitive pricing with no reward denials and do not offer a free trial.

Their platform variety and flexible payout cycles make Funding Pips one of the best prop firms in New Zealand.

FundingPips

• Accounts up to $300K
• Profit split: Up to 100%
• Payout frequency: Weekly, bi-weekly, monthly, or on-demand
• Platforms: MT5, cTrader, MatchTrader, TradeLocker
• Free trial: No
• Withdrawals: Crypto, Rise, e-wallets
• Key feature: Payout frequency flexibility and platform choice

 FundingPips

Pros:

• Payout cycles (weekly, monthly, on-demand) are flexible.
• Profit splits can be 100%
• Compatible with MatchTrader, TradeLocker, and other platforms.

Cons

• No trial challenges.
• Newer company with less credibility.
• Aggressive traders may find limitations on evaluations.

Conclusion

The data makes it evident that prop businesses in New Zealand provide a variety of options catered to various trading objectives and approaches. While Apex Trader Funding, Topstep, and Earn2Trade rule the futures market with quick payouts and robust instructional support, companies like FTMO and FundedNext thrive in FX trading with high profit splits and flexible payout cycles.

While Take Profit Trader, MyFundedFutures, and FundingPips draw traders with rapid payments, flexible rules, and distinctive profit-sharing schemes, The5ers and Alpha Capital Group, which prioritize scaling and big funding capacity, benefit growth-focused traders.

In the end, the optimal option relies on striking a balance between long-term development prospects, platform compatibility, payout speed, and profit potential to meet specific trading tactics.

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