Prop Firm Statistics: 26 Data-Stats That Will Blow Your Mind

In this article, we present the latest and most authentic statistics on prop firms available on the internet.

You will find thoroughly researched statistics about the following:

• Most Popular Prop Firms according to their website traffic
• Updated pass-fail rate of some popular prop firms
• The success rate of prop firm traders in general.
• How much some of the most popular prop firms make annually
• Changes in the evaluation process for most prop firms
• Most traded pairs among prop traders in top prop firms.

So without further ado, let’s see the stats!

Top 3 Most Popular Prop Firms

• With the recently released statistics on the most popular prop firm, which were posted by one of the top leading prop firms, FundedNext shockingly took the top spot and emerged as the most popular prop firm. In December 2023 alone, FundedNext had an estimated website traffic of a whopping 4.9 million visits (SimilarWeb).
• Emerging in second place was none other than the well-known FTMO, gathering an estimated website traffic of 4.4 million visitors in December 2023 (SimilarWeb).
• Following closely at third place, we have TheFundedTrader with an estimated website traffic of 4.4 million visitors (SimilarWeb).

Pass-Fail Rate Of Some Popular Prop Firms

In this section, we will highlight the most recently released reports on the pass-fail rate of some popular prop firms that also have a lot of website traffic.

MyFundedFx

According to the latest official report released on the pass-fail statistics of MyFundedFx in their Discord channel.

This report shows that out of 5,941 accounts, 4,489 traders failed their challenge accounts, and 1,452 traders passed their challenge accounts.

To provide context, a significant 75.56% of traders did not succeed in their challenge accounts, with only approximately 24.44% passing the challenge phase.

TheFundedTrader

From the latest official report released by the third most popular prop firm mentioned earlier in this article on the pass-fail rate on their giveaway statistics in their Discord channel, we have;

Out of the total 6,935 accounts that were redeemed, 3,703 did not pass the Phase 1 challenge, and only 1,008 progressed to Phase 2.

Out of the 1,008 traders who got to the phase 2 level, only 395 were successful in reaching the funded stage.

This means only 5% of traders were able to get to the funded stage.

Out of the 395 traders who reached the funded stage, only 82 were successful in receiving a payout!

In total, only a minute percentage of 2.2% of traders were able to get a payout!

FundedNext

According to the latest report released by FundedNext on their X-account on the pass-fail rate statistics of their evaluation model, we have:

From the statistics released, we can see that on average, approximately 24.8% of traders advance from Phase 1 to Phase 2. Of this percentage, about 43.2% successfully pass Phase 2 to obtain funding.

The Success Rate Of Prop Firm Traders

From the thorough statistics that have been shared by three of the most popular prop firms out there, we can safely conclude that the success rate of prop traders is extremely low.

Therefore, the assertion that about 95% of traders fail is not far from being true!

We can then conclude that there is only about a 5% success rate among prop firm traders.

How Much Popular Prop Firms Make Annually

Due to the high demand in traders wanting to know how much prop firms make generally, we have done our research thoroughly and have come up with the following;

TheFundedTrader

Above is the annual report of TheFundedTrader on how much they have paid out in total in the year 2023, and this amounted to a whopping $98,430,708.

Now, let’s calculate the amount the prop firm would have made in the year from the revenue generated from the traders’ payout.

According to the profit split ratio in this prop firm, which is about 80% on average, we can, therefore, calculate how much they earned in the prop firm in 2023.

Overall, the company would have made $24,607,677 in 2024 alone.

This is separate from the revenue generated from failed challenges.

FTMO

In the recently released official video recap on Instagram of achievements in the prop firm for the year 2023, it was recorded that $74,402,657 was paid out in total.

Now, let’s calculate the amount FTMO would have made in the year from the revenue generated from the trader’s payout.

Also, according to the profit split ratio in this prop firm, which is about 80% on average, we can, therefore, calculate how much they earned in the prop firm in 2023.

Overall, FTMO realized a profit of about $18,600,665.

Funded Engineer

Let us have a look at the released report by Funded Engineer on their blog.

From the above monthly payout report, we can see that since the launch of the prop firm in May 2023, to December 2023, a total of $9,063,487.23 was paid out. Hence we can calculate the revenue generated from traders’ payout.

Overall, for the seven months, the Funded engineer was able to generate a revenue of $2,265,871.81.

With the statistics provided above, traders can have an idea of how much these prop firms generate from traders’ profit annually.

NOTE: The statistics above do not include the revenue generated from failed challenges.

Modification In The Evaluation Process for most Prop Firms

Modifications on the time limit, minimum number of trading days, number of challenge phases, and profit split are the major modifications that were introduced into the industry in the year 2023.

The majority of the prop firms adopted the no-time limit challenges.

This provides traders with ample time to complete their challenge phases.

As opposed to the former 30 days’ minimum number of trading days that was part of the requirement before, prop firms no longer impose it on traders to complete a specific number of trading days before moving on to the next phase of the challenge.

Also, 3-step and 1-step challenges were introduced as alternatives for traders who want to pass with a lower profit target and those who want to pass the challenge phase at once.

There was an increase in profit split across most prop firms: some increased to as much as 90%, and others to about an 80% profit split.

Most Traded Instruments

In this section, we will share with you the most traded instruments in top prop firms.

As of now, the most traded instruments in the year 2023 are the forex pairs.

This includes the majors, which are EUR/USD, GBP/USD, and USD/JPY.

Frequently Asked Questions (FAQs)

What is the success rate of prop traders?

From the above statistics gathered from reputable and trusted sources, we can conclude that the success rate of prop traders is under 5%.

How much does the average prop trader make?

According to the statistics revealed by FTMO, their average payout for 2023 was about $3,386. However, in the U.S., an average skilled trader makes about $46,251.

Are Prop Firms Match Makers?

With prop firms, you can only trade using their capital rather than clients’.

While some prop firms may act as market makers, facilitating trading by providing liquidity, not all prop firms function in this capacity.

The designation of a prop firm as a market maker depends on its specific business model and trading strategies.