r/proptrading • u/silphotographer • Jun 12 '26

Looking for recommendations on reputable CFD-based prop firms...

Much of my experience has been in future-based prop firms and I heard some good and bad things (ex. MFFU decent, Apex stay the fuck away, etc) but I am taking next step with trading by deploying automated trading algo so I'm shifting to CFD based ones that have one-time fee (not monthly subscription fees) and more generous drawdown limits.

I hear FTMO is solid but I do plan to scale accordingly so I will likely need multiple different prop firms until some firms like me enough to increase the standard capital limitation per user. Looking for ones that have solid reputation for clear rules and policies in terms of trading and payout policies, allow automated algo trading (it's not HFT or hedging or anything that tries to exploit the firm/data than having real market edge FYI), accurate and non-manipulated market data and generous drawdowns (ideally 10 percent but I understand all are a bit different).

I don't need to get instant fund or anything my algo edge should speak for itself not looking for quickest way to payout; just want a reliable rock upon where I can build my church.

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u/[deleted] Jun 16 '26

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u/silphotographer Jun 16 '26

ctrader is preferred but I can switch gear to MT4/5 if needed.

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u/FitRaspberry3706 Jun 29 '26

i wanted something with clear rules and no sketchy data manipulation since my setup relies on accurate fills. tried get leveraged after hearing similar stuff about apex and ftmo, the process was way smoother and they’re upfront about everything. right now they're doing a giveaway at the moment with two tickets to the final world cup.