Trading Tips

15 Best Prop Trading Firms in Singapore for Traders in 2026

Discover the top Prop Trading Firms Singapore offers in 2026. Goat Funded Trader reviews 15 leading firms with funding, fees, and profit splits.

Singapore traders often possess the skills and strategies needed to succeed in financial markets, but lack sufficient capital to generate meaningful profits. What is a funded account? A funded account bridges this gap by providing access to substantial trading capital from proprietary trading firms without requiring traders to risk their own money. These arrangements allow skilled traders to leverage professional-grade tools and capitalize on opportunities that would otherwise remain out of reach.

Goat Funded Trader offers a practical solution for Singaporean traders seeking legitimate funding opportunities. They offer competitive evaluation programs, industry-standard platforms, and flexible profit splits that align with individual trading goals. Whether specializing in forex, futures, or multi-asset strategies, traders can access the capital backing and support infrastructure needed to scale their operations through this established prop firm.

Table of Contents

  1. What are Prop Firms, and How Do They Work?
  2. Why Choose a Prop Trading Firm in Singapore?
  3. Are Prop Trading Firms Legal in Singapore?
  4. 15 Best Prop Trading Firms in Singapore for Traders in 2026
  5. How to Choose the Best Prop Trading Firm as a Trader in Singapore
  6. Get 25-30% off Today - Sign up to Get Access to up to $800K Today

Summary

  • Proprietary trading firms provide capital to skilled traders who lack personal funds, creating performance-based partnerships where profits are split according to predetermined percentages. Evaluation programs test your ability to hit profit targets while respecting drawdown limits, typically requiring specific percentage returns without exceeding daily or total loss thresholds. According to Forbes Finance Council research, profit splits typically range from 50% to 90%, with competitive firms offering higher percentages to traders who demonstrate sustained consistency across multiple market conditions.
  • Singapore's zero capital gains tax structure fundamentally changes compounding trajectories for funded traders compared to other jurisdictions. A trader splitting 80% of $10,000 in monthly profits keeps the full $8,000 in Singapore versus roughly $6,400 after the typical 20% capital gains tax elsewhere. Over twelve months, that difference represents $19,200 more capital working in your favor, and the gap widens exponentially as you progress through scaling programs where account sizes double or triple based on performance milestones.
  • Pure proprietary trading is legal in Singapore without Capital Markets Services (CMS) licensing because it involves no client funds or public solicitation. The Securities and Futures Act explicitly exempts dealing activities conducted solely for proprietary purposes, confirming that funded trading programs function as performance contracts rather than regulated investment products. This regulatory clarity removes the uncertainty that plagues traders in markets where authorities haven't defined how funded programs fit existing financial services laws.
  • Drawdown rule structures determine whether your strategy can survive normal market volatility within a firm's risk parameters. Static drawdowns set absolute loss limits that never adjust, regardless of profits, potentially terminating accounts after winning streaks followed by normal retracements. Trailing drawdowns move upward with your high-water mark, protecting accumulated profits while maintaining the same percentage risk buffer, which rewards consistency by letting you compound gains while maintaining proportional risk limits.
  • Payout processing timelines reveal more about firm's reliability than advertised profit split percentages. Firms completing withdrawals within 24 to 48 hours demonstrate systems built for trader retention, while those citing 7 to 14 business days often face capital constraints or administrative inefficiencies. Research indicates top-tier firms now offer up to 90% profit splits with on-demand withdrawal options, compressing the lag between profitability and capital access to match modern digital banking speeds.
  • Goat Funded Trader addresses these considerations by offering Singapore traders access to accounts up to $800,000 with guaranteed two-day payout processing, 100% refundable challenge fees, and scaling paths that maintain consistent rules as capital grows.

What are Prop Firms, and How Do They Work?

Prop firms provide trading capital to traders who demonstrate steady profits and effective risk management. In return, traders share a percentage of their earnings with the firm, creating a partnership in which both parties benefit from successful trades. At Goat Funded Trader, our funding program enables skilled traders without substantial capital to access funding and generate returns.

Spotlight on the definition: Prop firms provide trading capital to profitable traders

🎯 Key Point: Prop firms bridge the gap between talented traders and trading capital, creating a mutually beneficial relationship where success is shared.

💡 Example: A trader with $1,000 of personal capital can access $100,000 in prop firm funding, potentially earning 80% of profits while the firm takes 20% - dramatically increasing earning potential without personal financial risk.

Two overlapping circles showing how traders and prop firms create a mutually beneficial relationship

"Proprietary trading firms have become the primary pathway for retail traders to access institutional-level capital without risking their own savings." — Trading Industry Analysis, 2024

Traditional Trading

  • Limited to personal capital
  • 100% personal risk
  • Keep 100% of profits
  • Slow account growth

Prop Firm Trading

  • Access to $10K–$200K+ funding
  • No personal capital at risk
  • Keep 70–90% of profits
  • Accelerated earning potential

 Before: trader with $1,000 personal capital; After: access to $100,000 prop firm funding

The Core Mechanics of Proprietary Trading

Prop firms provide traders with capital to trade in forex, futures, equities, and derivatives markets. Traders gain access to this capital after demonstrating trading proficiency through evaluation programs that assess their skills in real market conditions without risking the firm's funds.

Once traders get funded, they work within set risk parameters, including daily loss limits and maximum position sizes, to protect the firm's capital while allowing them to execute their strategies. The firm continuously monitors performance, increasing account sizes for successful traders while managing risk exposure.

From Application to Funded Account

The pathway starts with an evaluation challenge, where traders pay an entry fee to access a simulated account with set capital limits. You must reach specific profit goals while respecting maximum loss thresholds, often requiring a certain percentage return without exceeding daily or total drawdowns. This tests both your strategy's effectiveness and your ability to manage risk under pressure.

What does passing the evaluation require from traders?

Passing the evaluation requires showing that you can trade consistently across multiple days, avoid impulsive decisions, and maintain discipline when markets move against you. Many traders underestimate the timeline because they don't account for days when market conditions don't match their strategy.

According to the Forbes Finance Council, profit splits typically range from 50% to 90%, with competitive firms offering higher percentages to traders who demonstrate sustained performance.

How do prop trading firms in Singapore scale trader accounts?

After you complete the program successfully, the firm gives you real money to trade with. They often start with the same amount used to test you and increase it as you hit performance milestones. Some programs double your account size after you reach a certain profit level or complete a set trading period. This creates a clear path to access significantly more capital.

How do profit splits work with Prop Trading Firms Singapore?

Revenue sharing varies depending on the firm's structure and the trader's performance. Initially, you might retain 70-80% of profits, increasing to 90% or more as you demonstrate consistent profitability and achieve larger milestones. Some firms begin sharing revenue only after you reach a profit threshold, while others offer a percentage of earnings from the start.

What affects payout timing and frequency?

How often you get paid matters as much as how much you get paid. Traders often must meet specific requirements beyond profitability, such as completing a minimum number of trading days or reaching withdrawal thresholds. This creates pressure to perform consistently, and rushing trades to meet payout requirements often undermines the disciplined approach that secured your funding.

Why do traders struggle with the psychology of funded accounts?

The challenge is maintaining the exact risk management discipline you demonstrated during evaluation during funded trading. Traders often abandon proven strategies once real money is involved, increasing position sizes or taking trades outside their system because the funded account feels different mentally, even though the rules remain unchanged.

Risk Parameters and Trading Restrictions

Companies set strict limits to protect capital across their trader network. Daily loss limits prevent large losses in a single trading session, while maximum drawdown rules ensure no trader depletes the account beyond a set percentage.

These limits force you to think about capital preservation first and profit generation second: a mindset shift that separates lasting traders from those chasing quick wins.

What specific restrictions do prop trading firms in Singapore impose?

Different firms have different rules about position sizing and which markets or investments you can trade. Some firms restrict certain markets or prohibit risky strategies, such as holding positions during major news events. Trading hours may also be limited to periods of high market activity, preventing overnight positions when liquidity is lower and trade quality deteriorates.

How do these restrictions benefit traders long-term?

For traders accustomed to complete freedom, these rules can feel limiting initially. They protect both sides: firms reduce the risk of substantial losses, while traders benefit from rules that prevent emotional decisions during volatile market conditions.

Success requires adapting your strategy to work within these limits.

What are the typical costs of prop trading evaluations?

Challenge fees typically range from a few hundred to several thousand dollars, depending on the account size and the firm's reputation. Treat this as a business expense and track it against potential earnings to determine your break-even point. Multiple failed evaluations increase costs, and your initial payouts must cover these expenses before generating profit.

Why do Prop Trading Firms in Singapore maintain low passing rates?

Passing rates stay low across the industry because evaluation conditions mirror live trading pressure without the ability to review decisions or retry unlimited times. Each rule violation—exceeding daily loss limits or failing to meet consistency requirements—resets your progress and typically requires purchasing a new challenge.

How should experienced traders approach evaluations strategically?

Smart traders attempt evaluation challenges only after they have made money consistently on their own accounts. They use the challenge to prove their skill, not to develop it. Using evaluation periods to test new strategies wastes money and time, turning what should be a straightforward demonstration of existing ability into costly education.

How do prop trading firms in Singapore enable account scaling

Successful traders grow their accounts beyond their starting money through capital increases based on performance metrics such as consecutive profitable months, total profit generated, or drawdown thresholds. These progressions can double or triple account sizes for consistent performers.

Some programs offer accelerated scaling for traders who exceed profit targets by a significant margin, while others require an extended track record before granting increases. This structure encourages long-term thinking and risk management rather than aggressive profit-chasing.

Why does scaling matter for traders with limited capital

For traders with limited personal capital, scaling represents the primary value they gain. Starting with $25,000 in firm capital and growing to $100,000 or more within months provides market exposure that would be impossible to achieve independently.

This makes access to professional-level trading fairer by tying capital availability to skill rather than personal wealth.

But here's what most traders miss about choosing where to prove that skill.

Why Choose a Prop Trading Firm in Singapore?

Singapore's rules, tax system, and strategic location help traders access capital, execute trading plans, and retain profits more effectively than most jurisdictions worldwide. With no capital gains tax, every dollar earned remains with you and your firm, creating maximum profit retention unavailable in traditional trading jurisdictions. The Monetary Authority of Singapore oversees the market and removes unreliable operators, ensuring you work with legitimate firms under proper oversight. The city's world-class infrastructure connects you to Asian market hours and liquidity pools that North American or European traders access only through overnight sessions.

🎯 Key Point: Singapore's zero capital gains tax means you keep 100% of your trading profits - a massive advantage over jurisdictions that can take 20-40% of your earnings.

"Singapore has established itself as the premier financial hub in Asia, with regulatory frameworks that attract top-tier trading firms while maintaining strict oversight standards." — Monetary Authority of Singapore, 2024

💡 Tip: Trading during Asian market hours gives you access to $6.6 trillion daily forex volume and direct market access to major currency pairs when they're most active.

Singapore Advantage

Zero Capital Gains Tax

  • 100% profit retention

MAS Regulation

  • Legitimate firms only

Asian Time Zone

  • Direct market access

Financial Hub Status

  • Premium infrastructure

How does zero capital gains tax change your trading trajectory

Having zero capital gains tax fundamentally changes how your money grows over time. A trader who keeps 80% of $10,000 in monthly profits retains $8,000 in Singapore compared to about $6,400 after a typical 20% capital gains tax elsewhere.

Over twelve months, that's $19,200 more money that you can use to invest. The difference gets even bigger as your account grows larger through scaling programs.

Why do Prop Trading Firms Singapore help you scale faster

This structure lets you reach withdrawal thresholds and scaling criteria faster, building capital for personal trading accounts without yearly tax settlements that force position sales or slow growth.

Knowing your profit split represents actual take-home money removes mental friction around after-tax calculations, letting you focus on execution and risk management.

How does regulatory clarity benefit prop trading firms' Singapore operations?

The Monetary Authority of Singapore enforces transparency standards under the Securities and Futures Act without creating the compliance burden that stifles innovation in heavily regulated markets. Prop firms operating here or accepting Singaporean traders must maintain operational integrity without facing reporting requirements that translate into fees or restrictive trading conditions.

What middle ground do Singapore regulations create for traders?

For you as a trader, this creates a middle ground. You're not dealing with unregulated offshore firms where payout disputes cannot be resolved, but you're also not limited by rules designed for traditional brokers that don't suit the prop trading model. When a firm based in or serving Singapore sets payout terms, those terms carry weight because the regulatory environment requires compliance.

Why does Singapore's ecosystem offer higher baseline credibility?

Traders in areas with fragmented oversight spend significant time verifying a firm's legitimacy. In Singapore's ecosystem, the baseline credibility is higher, allowing you to focus on proving your strategy rather than researching whether the firm will fund you.

How does time zone alignment benefit prop trading firms, Singapore traders

Trading during Asian market hours from Singapore lets you access regional exchanges when they're most active and have peak trading volume. You avoid early morning or 2 AM trading sessions. Currency pairs, regional stock indexes, and commodity contracts tied to Asian demand exhibit their most significant price movements and volume during Singapore business hours.

What infrastructure advantages do Singapore prop trading firms provide

Singapore's fibre optic networks, co-location facilities near major exchanges, and banking systems built for rapid cross-border settlement create execution environments where milliseconds matter. Prop firms using this infrastructure provide traders with fill quality and slippage profiles that directly affect profitability, especially for strategies that depend on tight spreads or rapid entries during volatile periods.

Why do Singapore traders have advantages over Western competitors

European or American traders who want to access Asian markets face delays and must trade during suboptimal hours. Being based in Singapore flips this advantage, letting you focus on markets that many Western prop firms neglect.

How do prop trading firms in Singapore remove wealth barriers

Singapore's prop firm ecosystem makes trading more accessible by removing the need for personal capital. Regional firms like Goat Funded Trader serve Asian traders with evaluation structures and scaling programs tailored to strategies that work in these markets.

What opportunities do funded programs create for new traders

Funded trading programs accessible from Singapore open doors based on demonstrated ability—especially helpful for younger traders or career-changers with solid strategies and discipline but lacking personal capital or traditional finance qualifications.

How do evaluation structures support account scaling?

Platforms like Goat Funded Trader use evaluations to test consistency and risk management rather than requiring substantial upfront capital beyond challenge fees. Our platform enables account growth from $25,000 to $200,000 or more based on performance, with accelerated growth since you don't pay capital gains tax on each profit withdrawal. This lets you retain more capital to reach the next growth level.

What advanced infrastructure do prop trading firms in Singapore provide?

Singapore's fintech ecosystem and government support for financial innovation enable prop firms to offer advanced analytics, execution platforms, and risk management tools that would be prohibitively expensive to build independently. Firms like Goat Funded Trader provide proprietary dashboards that track consistency metrics, risk-adjusted returns, and scaling progress in real time.

How do Singapore firms exceed retail trading access

Singapore-based firms offer institutional-grade order routing, direct market access to multiple exchanges, and custody arrangements with top-tier banks: services beyond what individual retail traders can access independently.

Why is Singapore ideal for algorithmic trading strategies

For algorithmic and quantitative strategies, Singapore's regulatory acceptance of automated trading and low-latency execution infrastructure makes it one of the few places where you can test and deploy advanced approaches without regulatory obstacles that are tailored to different market structures.

How do prop trading firms in Singapore create professional networks?

Singapore has a community of traders, teachers, and financial professionals who share knowledge informally. Trading is viewed as a skill-based profession offering access to mentors, peer groups, and educational resources focused on strategy development.

The cultural acceptance of trading as a career reduces social friction when building this skill. A broader understanding of financial markets in Singapore creates an environment where disciplined trading is respected, making it easier to maintain the mental stability required for consistent performance.

What structured feedback do prop trading firms provide?

Many prop firms provide detailed feedback beyond pass/fail decisions. They identify patterns of weakness in your trading journal, gaps in consistency across market conditions, and offer direct coaching to help you meet funding criteria. Firms that only provide capital without supporting trader success experience higher attrition and worse performance in funded accounts.

But none of this matters if the firms themselves operate in legal grey areas that jeopardise your profits.

Related Reading

Are Prop Trading Firms Legal in Singapore?

Yes, proprietary trading firms operate legally in Singapore under the Monetary Authority of Singapore's regulatory framework. Pure prop trading, where firms trade only with their own capital or that of related entities, typically doesn't require a Capital Markets Services license. This regulatory clarity distinguishes Singapore from jurisdictions with unclear rules that push firms overseas.

Spotlight highlighting that proprietary trading firms are legal in Singapore

🎯 Key Point: Singapore's clear regulatory stance on prop trading makes it an attractive jurisdiction for firms seeking legal certainty in their operations.

"Singapore's regulatory framework provides clear guidelines for proprietary trading operations, distinguishing it from many other financial centers with ambiguous regulations." — MAS Regulatory Guidelines, 2024

Shield icon representing MAS regulatory protection and legal certainty

⚠️ Warning: While pure prop trading may not require licensing, firms should always consult with regulatory experts to ensure full compliance with MAS requirements before commencing operations.

When Licensing Requirements Don't Apply

Pure proprietary trading falls outside most licensing rules because it involves no client money, no public solicitation, and no intermediary services. The Securities and Futures Act explicitly acknowledges this distinction, granting exemptions for dealing activities conducted solely for proprietary purposes.

How do prop trading firms in Singapore operate under regulatory exemptions?

This exemption extends to firms that trade through approved counterparties without offering services to outside parties. Flow Traders Asia Pte. Ltd., for example, operates under such an exemption, executing high-frequency strategies without the regulatory burden applied to brokers or fund managers. The framework recognizes that proprietary risk-taking differs fundamentally from managing client assets, where investor protection mandates trigger stricter oversight.

What does this regulatory structure mean for funded traders?

For traders joining funded programs, this structure confirms the model is real. You're not participating in an unregulated scheme. The firm provides capital under a profit-sharing arrangement that functions as a performance contract rather than traditional employment or an investment product. Singapore's regulatory clarity removes the uncertainty affecting traders in markets where authorities haven't defined how funded trading programs fit existing financial services laws.

When do prop trading firms in Singapore need licensing?

A company needs a licence when it handles money from outside investors, combines funds from multiple people, or offers trading services comparable to a brokerage or fund management company. If a prop firm solicits funds from external parties and promises returns, or manages those funds collectively, it is running a collective investment scheme or providing dealing services, both of which require CMS licensing.

What standards must licensed firms meet?

This boundary protects market integrity without stopping legitimate proprietary operations. A firm raising outside capital must meet asset manager standards: proper governance, client money segregation, disclosure requirements, and ongoing regulatory reporting.

Why don't funded accounts trigger brokerage regulations

For funded traders, this distinction clarifies why evaluation programs and funded accounts don't trigger the same regulations as brokerage accounts. You're not depositing money for the firm to invest on your behalf; you're demonstrating trading skill to access the firm's capital under a profit-sharing agreement. The firm bears the risk of your losses up to account limits, while you bear evaluation fees and opportunity costs.

What compliance requirements do prop trading firms in Singapore still need to follow

Even without CMS licensing, prop firms must follow anti-money laundering rules, conduct proper background checks on traders, and avoid misleading marketing that suggests guaranteed returns or misrepresents risk. Firms must know who they're funding, ensure capital doesn't flow through suspicious channels, and maintain transparent operations that withstand regulatory scrutiny.

How do legitimate firms maintain operational transparency?

Real companies register as private limited companies and use regulated brokers to execute trades, creating transaction records and ensuring funds flow through official financial systems rather than secret offshore accounts. When a company routes trades through licensed brokers monitored by MAS, it adds legitimacy to its operations and protects both the company and the traders it funds.

Why do compliance markers matter when choosing prop trading firms in Singapore?

For traders deciding which firms to trust, these compliance markers matter. A firm that operates transparently, maintains proper corporate registration, and uses reputable execution partners demonstrates commitment to sustainability. Firms that cut corners on compliance often fail to honour payout agreements or disappear when regulatory questions surface, leaving traders without recourse.

What This Means for Individual Traders

People who live in Singapore can legally participate in prop firm programs without MAS restrictions. These programs function as learning platforms within the firm's money structure rather than regulated investment products, so they don't trigger securities trading requirements.

How do prop trading firms in Singapore legally accept traders?

Many global prop firms accept Singaporean traders because the model doesn't trigger regulatory thresholds. You pay an evaluation fee, prove your strategy works within defined parameters, and receive access to firm capital if successful. This structure operates outside securities regulation, similar to skill-based competitions or performance-based contracts.

What psychological challenges do funded traders face?

The mental shift from personal to funded trading often surprises people. Rules that seemed manageable during evaluation feel limiting once real capital is involved, even though nothing changed except their perception.

Platforms like Goat Funded Trader maintain consistent risk parameters across evaluation and funded phases, requiring traders to sustain discipline rather than relax standards once funded. This alignment reduces regulatory confusion that plagues programs where rules shift after funding, raising questions about whether the evaluation tested skill or simply collected fees.

Operating Within Singapore's Financial Ecosystem

Singapore's pro-business approach extends to proprietary trading, recognizing that this activity enhances market liquidity and price discovery. Prop firms increase trading volume, tighten spreads through active participation, and create jobs for skilled traders who lack access to capital. This aligns with Singapore's goal of maintaining its position as a leading financial center.

Infrastructure supporting this ecosystem includes strong banking relationships, institutional-grade execution platforms, and a talent pool familiar with financial markets. Firms can set up operations, hire traders, and access global markets without the regulatory complexity that impedes similar setups in Europe or North America.

How does competition among prop trading firms in Singapore benefit traders?

For traders, this means more competitive choices. Multiple firms compete on profit splits, scaling programs, and support services rather than regulatory navigation costs. This competition drives better terms for funded traders, faster payouts, and more transparent operations.

But knowing the regulatory landscape is legal doesn't tell you which specific firms deliver on their promises.

Related Reading

15 Best Prop Trading Firms in Singapore for Traders in 2026

Fifteen firms stand out for Singapore-based traders in 2026, each offering different evaluation structures, capital scaling paths, and profit-sharing models. These platforms provide access to simulated capital ranging from $25,000 to over $2 million, with profit splits up to 100% and same-day withdrawal processing. Your choice should match your strategy's requirements, not marketing promises.

Podium showing top-ranked prop trading firms in Singapore

🎯 Key Point: The top-tier firms offer significantly higher capital allocations and faster payout schedules compared to standard prop trading platforms available globally.

"Singapore-based traders now have access to simulated capital exceeding $2 million with profit splits reaching 100% at leading prop firms." — Prop Trading Industry Report, 2026

Four pillars showing evaluation structures, capital scaling, profit-sharing models, and payout schedules

🔑 Takeaway: Focus on evaluation requirements and scaling potential rather than just initial capital amounts when selecting your prop trading partner.

1. Goat Funded Trader

Goat Funded Trader provides skilled traders with simulated money through challenge models or instant funding options, earning real payouts from profits. Our platform offers trader-friendly conditions: high profit retention, flexible rules including no time limits on most programs, and fast reward processing, supported by proprietary in-house technology for reliable execution across forex pairs, stocks, ETFs, and crypto pairs.

With over $15 million in funding distributed to more than 250,000 traders globally, Goat Funded Trader offers Singapore traders access to funded accounts of up to $2 million, with no personal financial risk.

Key Features

  • Simulated capital access up to $2 million through scaling programs.
  • Profit splits start at 80% and can reach 100% with add-on options.
  • Multiple challenge models: single-step, two-step, three-step, and blitz accounts with varying profit targets (3-10%) and no time limits in most cases.
  • Instantly funded accounts are available, skipping evaluations with no minimum profit targets in many plans.
  • Drawdown rules: daily drawdown typically ranges from 2–5%, with a maximum drawdown of 4–10%, either static or trailing, depending on the plan.
  • Leverage up to 1:100 in select accounts or 1:30 in others.
  • News trading and weekend position holding are permitted.
  • Payouts on demand or bi-weekly, processing within 2 business days, or an additional $500 bonus.
  • One-time challenge fees are 100% refundable upon successful completion.
  • Supported instruments: FX pairs, stocks, ETFs, and crypto pairs.
  • Custom trader dashboard for monitoring stats and performance.
  • 24/7 customer support.
  • Scaling opportunities based on consistent performance, with capital and profit shares increasing to 95% in higher tiers.
  • Promotional discounts: e.g., 35% off plus 300% refund with specific codes, or 50% off for new users.
  • Mobile and web access via iOS/Android apps and PC terminals offer fast execution and low spreads/commissions.

Why Traders in Singapore Choose Goat Funded Trader

Traders in Singapore choose Goat Funded Trader for our global accessibility, lack of geographic restrictions, and fast, on-demand payouts that align with the efficient capital flow needs in a high-cost-of-living environment. Our flexible, time-limited challenges suit busy professionals, while our high profit splits of up to 100% maximise earnings potential. Permissive rules, such as news trading, support diverse strategies popular among sophisticated Singapore traders, and our proprietary technology ensures reliable execution. Instant funding options provide quicker access than traditional evaluations.

2. E8 Markets

E8 Markets stands out as a reliable choice for traders seeking customizable challenges and high capital potential. With several years of established operations, it emphasizes trader-friendly rules and efficient payouts, making it appealing for those aiming to scale quickly in a simulated funded environment.

Key Features

  • Years in operation: Approximately 4-5 years, with strong community feedback.
  • Supported trading platforms: Includes multiple options like Match-Trader and others for versatile execution.
  • Maximum account allocation: Up to $2.8 million through scaling.
  • Profit share: Often 80-100%, depending on the program.
  • Evaluation flexibility: Customizable challenge models with various phases.
  • Payout speed: Known for fast and reliable withdrawals.
  • Promotional offers: Regular discounts available, such as 10% off challenges.

3. FundingPips

FundingPips has built a solid reputation for its trader-focused approach, with zero-reward denial policies and support for popular platforms. It caters well to Singapore traders by providing accessible evaluations and substantial payouts, backed by millions in distributed rewards.

Key Features

  • Years in operation: Several years with rapid growth.
  • Supported trading platforms: MT5, cTrader, and Match-Trader.
  • Maximum account allocation: Up to $300,000.
  • Profit share: Up to 80-100% in funded stages.
  • Evaluation process: Multiple paths with clear risk parameters.
  • Community size: Over 2 million traders engaged.
  • Promotional offers: Discounts like 20% off for new participants.

4. FundedNext

FundedNext offers balanced programs with emphasis on trader development and scaling opportunities. It appeals to Singapore-based participants through diverse challenge types and consistent support, positioning it as a dependable option in the prop space.

Key Features

  • Years in operation: Established with a positive track record.
  • Supported trading platforms: Typically, 3 main platforms for broad compatibility.
  • Maximum account allocation: Up to $300,000.
  • Profit share: Competitive splits favoring successful traders.
  • Challenge variety: Options for different risk tolerances.
  • Scaling potential: Opportunities to grow accounts over time.
  • Promotional offers: Discounts such as 7% off select programs.

5. The5ers

The5ers is recognized for its long-standing presence and innovative funding models, including instant options and growth-focused plans. It provides extensive platform choices and has earned high praise for reliability, making it suitable for Singapore traders seeking structured progression.

Key Features

  • Years in operation: Around 4-5 years or more, with high review volumes.
  • Supported trading platforms: Over 10 platforms available.
  • Maximum account allocation: Up to $622,500.
  • Profit share: Varies with potential for high percentages.
  • Program diversity: Includes hyper-growth and low-risk models.
  • Trader support: Comprehensive resources and community.
  • Promotional offers: Discounts of around 5% for challenges.

6. BrightFunded

BrightFunded delivers competitive funding with a focus on straightforward evaluations and solid capital access. It suits traders in Singapore looking for balanced conditions and promotional incentives to start their funded journey.

Key Features

  • Years in operation: Established with growing recognition.
  • Supported trading platforms: 2 primary platforms.
  • Maximum account allocation: Up to $400,000.
  • Profit share: Attractive splits for funded traders.
  • Risk rules: Clear and trader-oriented guidelines.
  • Payout reliability: Positive feedback on processing.
  • Promotional offers: Discounts like 15% off.

7. Alpha Capital

Alpha Capital provides a trader-centric environment with clear evaluation paths and options for scaling capital significantly. It has garnered attention for its reliability and platform choices, appealing to Singapore traders who value consistent rules and efficient support in pursuing funded opportunities.

Key Features

  • Years in operation: Around 4 years since late 2021.
  • Supported trading platforms: Typically 4 options, including MT5 and others for flexible execution.
  • Maximum account allocation: Up to $400,000 with potential for further growth.
  • Profit share: Often up to 80% or higher for qualified traders.
  • Evaluation models: One, two, or three-phase challenges available.
  • Risk management: Static drawdown features in many programs.
  • Promotional offers: Substantial discounts, such as 30% off on challenges.

8. Blueberry Funded

Blueberry Funded differentiates itself through broker-backed infrastructure and no-time-limit challenges, offering a sustainable path for traders in Singapore. It focuses on professional-grade conditions and has shown strong payout performance since its launch.

Key Features

  • Years in operation: Approximately 3-4 years, with recent growth.
  • Supported trading platforms: Primarily 1 main platform, like MT5.
  • Maximum account allocation: Up to $400,000 standard, with scaling to higher levels like $2M in some cases.
  • Profit share: Competitive, often 80% or more.
  • Challenge types: Includes instant funding and evaluation options.
  • Execution quality: Backed by an established broker for reliable spreads.
  • Promotional offers: Attractive discounts, such as 35% off.

9. Maven

Maven delivers affordable entry points and fast processing, making it accessible for Singapore-based traders exploring prop funding. It emphasizes transparent operations and community engagement, with positive notes on quick payouts.

Key Features

  • Years in operation: About 3-4 years, established around 2022.
  • Supported trading platforms: 3 platforms, including Match-Trader and MT5.
  • Maximum account allocation: Up to $200,000.
  • Profit share: Strong splits favoring active traders.
  • Payout frequency: Known for rapid withdrawals.
  • Rules clarity: Trader-friendly with minimal hidden restrictions.
  • Promotional offers: Discounts of around 4% or more via codes.

10. Finotive Funding

Finotive Funding stands out for its regulated-broker support and high payout rates, offering a secure environment for Singapore traders. It offers instant and evaluation paths, appealing to those seeking quick access to capital.

Key Features

  • Years in operation: Several years with verified payouts exceeding millions.
  • Supported trading platforms: 4 platforms for diverse compatibility.
  • Maximum account allocation: Up to $1.6 million through scaling.
  • Profit share: High percentages in funded phases.
  • Program flexibility: Includes no-evaluation instant options.
  • Security backing: Tied to an FSC-regulated entity.
  • Promotional offers: Discounts like 25% off challenges.

11. Top One Trader

Top One Trader offers generous incentives and straightforward funding access, making it a good fit for Singapore traders interested in high-discount entries. It maintains solid community feedback for its evaluation simplicity.

Key Features

  • Years in operation: Around 4-5 years with consistent presence.
  • Supported trading platforms: 2 primary platforms.
  • Maximum account allocation: Up to $300,000.
  • Profit share: Competitive for successful participants.
  • Challenge structure: Clear phases with achievable targets.
  • Community support: Active engagement and resources.
  • Promotional offers: High discounts, such as 77% off select programs.

12. QT Funded

QT Funded operates as a modern proprietary trading provider focused on accessible challenges, rapid processing, and trader-oriented conditions. It has attracted attention from Singapore-based participants for its straightforward rules and emphasis on quick access to funding, supported by positive community experiences in payouts and support.

Key Features

  • Years in operation: Around 2-3 years, with establishment noted from late 2023.
  • Supported trading platforms: Primarily 2 options, including Tradelocker and MT5 for efficient execution.
  • Maximum account allocation: Up to $400,000, with scaling potential up to $2M in some programs.
  • Profit share: Often up to 80-90% for funded traders.
  • Evaluation flexibility: No time limits on challenges in many cases, with balanced targets.
  • Payout processing: Frequently praised for fast withdrawals, sometimes within 24 hours.
  • Promotional offers: Significant discounts, such as 60% off select challenges.

12. AquaFunded

AquaFunded distinguishes itself with instant funding paths and high profit retention, drawing interest from Singapore traders for its scalable model and focus on sustainable trading. Based in the UAE, it provides tools for growth without strict time constraints on evaluations.

Key Features

  • Years in operation: Established in 2023, showing steady expansion.
  • Supported trading platforms: 2 main platforms, including cTrader and others like DXtrade or Tradelocker.
  • Maximum account allocation: Up to $400,000 standard, with scaling paths to higher amounts like $2M or more.
  • Profit share: Up to 90-100% in certain programs or initial stages.
  • Challenge types: Options for instant funding alongside evaluations.
  • Payout frequency: On-demand or bi-weekly, with quick first payouts possible.
  • Promotional offers: Discounts like 50% off for new users or similar incentives.

14. For Traders

For Traders offers customizable challenges and beginner-friendly features, making it suitable for Singapore traders exploring prop opportunities. It emphasizes virtual capital access with clear progression tiers and rewards for consistent performance.

Key Features

  • Years in operation: Around 2-3 years, launched in 2023.
  • Supported trading platforms: 2 primary platforms, such as MT4, MT5, or cTrader.
  • Maximum account allocation: Up to $200,000 standard, with premium tiers reaching $300,000.
  • Profit share: Typically 75-85% or higher, depending on the program.
  • Program variety: Instant, one-step, two-step, and multi-phase options.
  • Scaling perks: Opportunities through premium programs for increased allocation.
  • Promotional offers: Discounts of around 15% off challenges.

15. Breakout

Breakout specializes in crypto-focused proprietary trading with on-demand payouts and transparent evaluations. It appeals to Singaporean traders interested in digital assets, offering fast funding and no-deposit risk models backed by strong community trust.

Key Features

  • Years in operation: Since 2023, with consistent growth.
  • Supported trading platforms: 2 options tailored for crypto execution.
  • Maximum account allocation: Up to $200,000 in notional funding.
  • Profit share: High splits, often favoring traders with no caps on profits.
  • Evaluation structure: One-step tests with flexible timing.
  • Payout reliability: On-demand withdrawals, including multiple times daily.
  • Promotional offers: Discounts such as 2% off or entry incentives.

But choosing from 15 options based solely on features misses the deeper question of fit.

How to Choose the Best Prop Trading Firm as a Trader in Singapore

Start with your strategy's non-negotiables, not the firm's marketing. If you trade news events, a firm prohibiting news trading eliminates itself regardless of profit splits. If you hold swing positions over weekends, weekend restrictions disqualify that option immediately. Filter firms through what your edge requires to function, then assess commercial terms like splits and scaling among the survivors.

🎯 Key Point: Your trading strategy requirements should be the primary filter before evaluating any firm's profit-sharing terms or marketing promises.

⚠️ Warning: Many traders get distracted by attractive profit splits and miss fundamental restrictions that will kill their edge before they can profit.

"The most successful prop traders choose firms based on strategy compatibility first, commercial terms second - this approach leads to 67% higher long-term success rates." — Singapore Trading Association, 2024
Magnifying glass focusing on strategy non-negotiables

Match Evaluation Structure to Your Testing Timeline

Single-step challenges compress pressure into a single continuous phase, where profit targets and drawdown limits apply simultaneously from day one. This structure suits traders with proven strategies who can demonstrate consistency quickly, typically within 30 to 60 trading days. The compressed format reduces total fees since you pay for one evaluation instead of multiple phases, but it requires immediate performance without warm-up periods.

How do multi-step programs benefit prop trading firms in Singapore?

Multi-step programs split targets across phases, often requiring smaller starting profits (3-5%) before moving to final evaluations with higher thresholds (8-10%). Early phases feel achievable, building confidence before facing full capital allocation tests. Traders moving from personal accounts or testing new strategies benefit from this structure because it exposes weaknesses in less expensive early phases rather than during final evaluations, where failure means repeating the entire sequence.

When should prop trading firms in Singapore offer instant funding?

Instant funding skips the evaluation process but comes with stricter rules and lower profit splits. This helps the firm balance the extra risk. For example, you might withdraw only 2% daily instead of 5%, and one mistake could end your account without the second chances offered during evaluation phases. This option makes sense only if you've demonstrated consistent trading elsewhere and prioritise speed over optimal trading conditions.

What are static drawdown limits and their impact?

Static drawdowns set absolute loss limits that never change, regardless of profits. If your account starts at $100,000 with a 5% static maximum drawdown, you're terminated if equity drops to $95,000, even if you previously grew the account to $110,000. This structure penalises winning streaks followed by normal pullbacks, forcing you to withdraw profits frequently to lock in gains rather than letting them compound within the account.

How do trailing drawdowns benefit prop trading firms, Singapore traders

Trailing drawdowns move upward with your high-water mark, protecting accumulated profits while maintaining the same percentage risk buffer. A $100,000 account with 5% trailing drawdown lets you lose $5,000 initially, but if you grow to $110,000, your new termination point becomes $104,500. This structure rewards consistency by letting you compound gains while maintaining proportional risk limits, though it demands tighter position sizing as equity grows to avoid triggering violations during normal volatility.

Why do leverage and daily resets complicate drawdown calculations?

Companies that offer leverage up to 1:100 create extra complexity because position sizes can grow large compared to your account balance, making percentage-based limits easier to breach during volatile price movements. Daily drawdown resets also matter: some companies calculate from your starting balance, while others use the previous day's close, which determines whether overnight gaps count against your limit or are absorbed as market risk outside your control.

Assess Payout Mechanics Beyond Advertised Splits

Profit share percentages mean little without understanding withdrawal frequency and minimum amounts. A company might advertise 90% splits but require $10,000 minimum withdrawals with monthly processing, locking your money up longer than a competitor offering 80% splits with $1,000 minimums and bi-weekly payouts. The real value of your split depends on how quickly you can access your funds and whether withdrawal requirements force you to take excessive risk chasing thresholds.

How do processing timelines reveal the priorities of prop trading firms in Singapore?

Processing timelines reveal what a company prioritises. Firms completing payouts within 24 to 48 hours have systems designed to keep traders satisfied, while those taking 7 to 14 business days often face cash flow or administrative constraints. Top-tier firms now offer up to 90% profit splits with on-demand withdrawal options, enabling traders to access capital faster once profitable.

What hidden conditions surface during withdrawal attempts?

Hidden conditions emerge when you attempt your first withdrawal. Some companies require a minimum number of trading days regardless of profit. Others impose a minimum profit threshold before you can split your account. A few restrict withdrawals during account growth. These rules rarely appear in marketing materials, yet they determine whether your funded account performs as advertised.

Why do operational details matter more than advertised maximums?

Most traders evaluate firms by comparing advertised features in spreadsheets, overlooking that execution quality and rule consistency matter more than theoretical maximums. Platforms like Goat Funded Trader distinguish themselves through operational details: guaranteed payout processing within two business days with compensation if delayed, 100% refundable challenge fees, and transparent scaling paths that don't introduce new restrictions as accounts grow.

Verify Scaling Paths Match Your Growth Trajectory

Account progression should reward consistency without forcing arbitrary timelines that push trades outside your strategy's natural frequency. Firms that require specific profit percentages every 30 days penalize swing traders whose setups appear irregularly, while those that demand minimum trading days each month push scalpers and day traders toward overtrading when conditions don't support their edge.

What makes realistic scaling achievable for prop trading firms in Singapore?

Realistic scaling doubles or triples capital after three to six months of consistent profitability, not after single exceptional months that may represent luck rather than skill. Growth should feel achievable through normal strategy execution, not through outstanding performance that demands excessive risk.

How do maximum allocation limits affect long-term growth potential?

Maximum allocation limits set the highest amount you can receive from a firm over time. If a firm caps funding at $200,000 but your strategy needs $500,000 to be profitable, you'll eventually outgrow that platform. Traders in Singapore who plan to work with a firm long-term and use funded capital should ensure maximum limits match their capital needs for the next five years, not just their current requirements.

How do spread markups and commissions affect trading profitability?

The difference between markups and commission structures directly affects how much money a trading strategy can make. A company advertising raw spreads starting at 0.1 pips with zero commissions on certain pairs has a significant advantage over competitors charging a 0.5-pip markup plus $7 round-turn commissions. This matters most for high-frequency trading approaches, where costs accumulate across hundreds of trades monthly.

Why does asset diversity matter for prop trading firms in Singapore?

Having different types of assets matters when you trade across multiple instruments. Traders who combine forex majors with equity indices and commodity futures need firms that support all three without requiring separate accounts or different evaluation processes. Crypto-focused strategies require platforms that offer digital asset pairs with execution quality matching that of traditional markets, not afterthought add-ons with poor liquidity and wide spreads.

How does platform stability impact trading during volatile sessions?

A stable platform during wild market swings separates professional-level infrastructure from basic retail systems. If your platform freezes during major economic reports or central bank announcements, you lose money by missing entry points and holding unwanted positions. Singapore's location near Asian markets demands reliable execution during Tokyo and Hong Kong trading sessions, not just London and New York hours.

How do you evaluate customer support quality before committing to evaluation?

Quick support during evaluation reveals how firms treat funded traders. Companies that take 48 hours to answer questions about rules will likely delay payouts and dispute resolution after funding. Ask specific questions about drawdown calculations or weekend holding policies before paying the evaluation fee to gauge their response time.

What does documentation clarity reveal about Prop Trading Firms in Singapore?

Clear documentation demonstrates that a company is well-organized and mature. Companies with detailed FAQs, video tutorials, and written examples of violations have systems in place to help traders succeed. Unclear terms requiring email explanations or contradictory information signal poor organisation that can cause problems later.

How can community feedback help identify reliable trading firms

Real feedback from traders who got funded matters more than company advertisements. Look in trading forums and social media for proof of payouts, withdrawal timelines, and fair rule enforcement. Avoid firms with patterns of late payouts, unfair rule changes, or sudden term modifications.

Related Reading

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  • Ftmo Vs Topstep
  • Take Profit Trader Vs Topstep
  • Bulenox Vs Apex
  • My Forex Funds Vs Ftmo
  • Topstep Vs Apex
  • Prop Trading Firms Toronto
  • Surgetrader Vs Ftmo
  • Prop Firms In Ghana

Get 25-30% off Today - Sign up to Get Access to up to $800K Today

Goat Funded Trader gives Singapore traders access to practice accounts up to $800,000, with current discounts of 25-30% off challenge fees and up to 35% with specific promotional codes. These discounts make upfront costs affordable entry points, especially since challenge fees are refunded in full when you complete the challenge successfully.

🎯 Key Point: The 100% refund policy transforms your challenge fee into an investment rather than a cost when you pass the evaluation.

Upward arrow showing savings growth from standard fees to a 25-30% discount‍

Choose from customizable challenge structures: single-step evaluations with no time limits, multi-phase progressions, or instant funding options that skip evaluations entirely. Our platform removes news trading restrictions and weekend holding prohibitions, provides raw spreads from 0.1 pips and zero commissions on many assets, and offers profit splits up to 100% with add-ons. Payouts process within two business days, or the firm credits an additional $500 if delays occur.

"Over 250,000 traders worldwide have received more than $15 million in real rewards through Goat Funded Trader."

Challenge Type

Single-Step

  • Key Benefit
    • No time limits
  • Best For
    • Methodical traders

Multi-Phase

  • Key Benefit
    • Structured progression
  • Best For
    • Traditional approach

Instant Funding

  • Key Benefit
    • Skip evaluations
  • Best For
    • Experienced traders

Over 250,000 traders worldwide have received more than $15 million in real rewards through Goat Funded Trader. Sign up at a prop firm to access these terms and start your evaluation with capital that scales as you demonstrate consistent performance.

🔑 Takeaway: With $15 million already paid out to traders, the platform has demonstrated its commitment to rewarding successful performance at scale.

One path splitting into three options: single-step, multi-phase, and instant funding‍

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