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Home / Prop Firms / List of Stock Prop Firms in 2026: Specialists, CFD Multi-Asset Shops, and Legacy Desks

List of Stock Prop Firms in 2026: Specialists, CFD Multi-Asset Shops, and Legacy Desks

stock prop firms

List of Stock Prop Firms in 2026: Specialists, CFD Multi-Asset Shops, and Legacy Desks

"Stock prop firm" means three completely different things depending on who you're talking to. Below is a comprehensive list broken into the three categories that actually exist — equity-only specialists, CFD multi-asset firms that offer stocks as a feature, and the traditional desk-based prop firms that have been around since before the internet.

Most "best prop firms for stocks" lists you'll find online are sponsored top-10s where Atlas Funded ranks itself first and Trade The Pool somehow ends up at #6. This isn't one of those. The list is broken into categories because lumping a desk-based firm like SMB Capital in with a CFD shop like FXIFY is genuinely misleading — they're different industries that happen to share a label. For more context on how funded accounts work in general, see our coverage on prop firms.

Category 1: Equity-Only Specialists (Real Stocks, No CFDs)

These are the firms built specifically for equity trading. Real shares route through a real broker (usually Interactive Brokers), you get genuine Level 2 data, and the platforms are equity-focused rather than retrofitted from a forex product. The universe of firms in this category is small — basically Trade The Pool and a couple of close cousins.

Trade The Pool (TTP)

Founded 2022 · Israel · Backed by The 5%ers · IBKR-routed

Real equities12,000+ symbols1:1 leverage70% split

The category leader, and effectively the only retail stock prop firm that's purely built for equity traders. Single-phase evaluation, four account types (Day Flex/Max, Swing Flex/Max), buying power $5K–$200K with scaling to $450K. Trades real shares of 12,000+ U.S. stocks and ETFs through TraderEvolution connected to Interactive Brokers, per ThePropFirmGuide.

The Trading Pit

Founded 2022 · Liechtenstein · Multi-asset with strong equity focus

CFDs + futuresStocks + ETFsUp to 80% split

European-based prop firm that offers a dedicated stock challenge alongside forex, indices, and commodities. It's CFD-based for stocks but with stronger equity tooling than the typical multi-asset shop. Account sizes go up to several hundred thousand with structured scaling. Often listed alongside TTP as a serious stock option, per Best Prop Firms reviews.

Uprofit

Multi-asset prop firm with stock-friendly rules

Stocks & forex$200K accounts90% split

Offers funded stock accounts up to $200K with 90% profit splits and no trailing drawdowns — which is rare enough in this industry to be worth mentioning. Less of a pure stock specialist than TTP but more equity-friendly than the typical CFD-first firm, per Flexy Markets.

Category 2: Multi-Asset CFD Firms That Include Stocks

This is where most of the "stock prop firm" conversation actually lives. These firms are primarily forex shops that added stock CFDs to their product menu. You're not buying actual shares — you're trading a derivative that tracks the price. For some strategies that's fine, for others (especially anything involving real Level 2 or borrow availability) it isn't. Leverage tends to be lower on stocks here (typically 1:2 to 1:5) than on forex.

FirmStock TypeLeverageProfit SplitNotable
FTMOStock CFDs1:380–90%Most established multi-asset firm; 2-step evaluation
FXIFYStock CFDs (300+ instruments)1:280–90%Up to $400K starting, instant funding option
DNA FundedStock CFDs (800+ instruments)1:280–90%Australian, broker-backed by DNA Markets
Blueberry Funded1,000+ stock CFDs1:2 to 1:580%Dedicated stock challenge; ASIC-regulated broker
FundedNextStock CFDs1:560–95%$300K starting, scaling to $4M (CFD notional)
Goat Funded TraderStock CFDs1:580–100%Up to $200K starting, scaling to $800K
The5%ersStock CFDs1:5Up to 100%Scaling to $4M; parent of Trade The Pool
City Traders ImperiumStock CFDs (major equities)1:280% (up to 100% VIP)VIP system raises split with milestones
Atlas FundedStock CFDs1:2100%100% split from day one (heavy marketing)
BrightFundedStock CFDs1:580–90%Trade2Earn loyalty system; unlimited scaling
Eightcap ChallengesStock CFDs1:580%Runs on Eightcap broker infrastructure
Lark FundingStock CFDs1:580%Range of evaluation processes
FundingPipsStock CFDs1:560–100%Scaling $200K to $2M
MyFundedFXStock CFDs1:5Up to 92.75%$300K starting, scales to $600K
Funded Trading PlusStock CFDs1:580–100%Scales up to $2.5M
CFD reality check
CFDs are banned for U.S. retail traders by the CFTC and NFA. Most of these firms get around it by running fully simulated accounts and paying you based on performance in their simulation, not from an actual CFD broker account. That's legal, but it means you're trading a synthetic environment — execution quality varies wildly by firm.

Category 3: Traditional Desk-Based Prop Firms (Real Capital, Real Series 57)

These are the original "stock prop firms" — the meaning of the term before challenge-based funded accounts existed. You apply, sometimes interview in person, get sponsored for a Series 57 license, and trade real firm capital (often with a $5K–$25K capital contribution from you to absorb early losses). No evaluation fees. No simulated accounts. You're a real prop trader at a registered U.S. broker-dealer. The downside: higher barrier to entry, and most operate from physical offices in New York or Chicago, per ModestMoney's prop firm overview.

SMB Capital

Midtown Manhattan · Equities, options, futures · Highly selective

Probably the most well-known U.S. stock prop firm thanks to its principals Mike Bellafiore ("One Good Trade," "The PlayBook") and Steve Spencer's heavy content output on YouTube. SMB trades discretionary and automated strategies across equities, options, and futures. Trainees go through a structured program and trade firm capital from a real desk. Very selective, per Benzinga.

T3 Trading Group

NYC · Equities & options · Series 57 required · ~$7,500 capital contribution

Sister firm to SMB historically (they shared a floor at One State Street Plaza), T3 is a registered broker-dealer that sponsors traders for Series 57 licensing. Capital contribution is in the $7,500 range, traders get firm capital and direct market access, and profit splits run roughly 50/50 to 80/20 depending on production. Both remote and on-floor options exist.

Bright Trading

Las Vegas-based · Equities · Remote-friendly · ~$25K capital contribution

One of the oldest names in retail-accessible stock prop trading, founded by Don and Bob Bright in 1992. Series 57 sponsorship, real intraday buying power (often 10:1 to 20:1), 100% of net profits to the trader after fees and a haircut. The capital contribution is steeper than T3, but the firm has a long track record and welcomes remote traders.

Maverick Trading

Salt Lake City · Equities, options, forex · Heavy emphasis on training

Combines a desk-based structure with online accessibility. Maverick puts new traders through a structured training and mentorship program before allocating firm capital, with a focus on options trading. Lower barrier to entry than SMB or T3 and considered a good option for traders who want a career path rather than just a funded challenge.

Great Point Capital

Chicago · Equities & options · Registered broker-dealer

Chicago-based BD offering professional trading solutions to experienced equity and options traders. Less prominent in retail marketing than SMB or T3, but a legitimate desk option for traders with track records.

Other Desk Firms Worth Knowing

Echo Trading (now part of Avatar Securities), Kershner Trading Group (Austin, quant-leaning), WTS Proprietary Trading (NYC), Trillium Trading (NYC), and DTTW (Day Traders The World) (offices in NYC, Florida, Manila). These all operate under the traditional broker-dealer model with real capital, real licensing, and varying degrees of capital contribution.

Category 4: Institutional Quant Prop Firms (Not for Retail Traders)

Worth a quick mention because the term "prop firm" technically also covers Jane Street, Citadel Securities, Hudson River Trading, Two Sigma Securities, Optiver, IMC, Akuna Capital, Jump Trading, DRW, SIG, Tower Research, and XTX Markets. These are the firms that hire MIT and Oxford PhDs to trade ETFs, bonds, options, and equities at scale. You don't apply to these with a funded account challenge — you apply through campus recruiting or quant research roles. They're listed here only so you don't confuse them with the retail funded-account industry when you see them on Google, per Quantt's industry breakdown.

Quick Comparison: Which Category Fits Which Trader?

Trader ProfileBest CategoryTop Firms to Consider
Wants real shares, real Level 2, small-cap focusEquity specialistsTrade The Pool, The Trading Pit
Multi-asset trader who also trades forex/indicesCFD multi-assetFTMO, FXIFY, DNA Funded, Blueberry Funded
Wants 100% split with low capital riskCFD multi-assetAtlas Funded, FundingPips, The5%ers
Serious career trader willing to license & relocateDesk-basedSMB Capital, T3 Trading, Bright Trading
Wants structured options trainingDesk-basedMaverick Trading, SMB Capital
Has a PhD in math and wants $300K base salaryInstitutionalJane Street, Citadel Securities, HRT

What to Verify Before Putting Money Down

The retail stock prop firm industry is genuinely under-regulated, and the marketing is often louder than the product. Before paying an evaluation fee or making a capital contribution, the boring due diligence matters more than the marketing copy:

Pre-purchase checklist
  • Real shares vs. CFDs: If the firm doesn't say "Interactive Brokers" or "DAS Trader" anywhere on their site, assume CFDs.
  • Payout history: Check Trustpilot, the r/propfirms subreddit, and Payout Junction for actual withdrawal evidence, not testimonials.
  • Drawdown type: Static (fixed dollar amount) is fairer than trailing (moves with profits). TTP uses static; most CFD firms use trailing.
  • Consistency rules: The percentage cap on your "best day" or "best trade" can quietly kill a payout. Read the program terms in full, not just the homepage.
  • Licensing (desk firms): A real desk firm should have a CRD number on FINRA BrokerCheck. If they don't, walk away.
  • Capital contribution lock-up: Desk firms are required to hold deposits for 12 months minimum. Be skeptical of any firm offering to return capital faster.
Red flags
  • No physical address or "head office" is a P.O. Box in St. Vincent.
  • Profit splits that change retroactively after you start trading.
  • Heavy marketing emphasis on the evaluation fee being "refundable" without specifying conditions.
  • Affiliate-heavy promotion (if every YouTuber is reviewing them with a code, the firm is probably paying influencers more than traders).
  • The firm charges for "mandatory training" before allocating capital — that's often a workaround for the 12-month deposit lock-up rule.

Bottom Line

If you want a serious stock prop firm experience trading real U.S. equities, the list is short: Trade The Pool is the dominant retail specialist, and the traditional desk firms (SMB, T3, Bright, Maverick) are the professional alternative for traders willing to license up and commit. Everything else is either a CFD product wearing a stock costume or an institutional firm you can't apply to without a PhD. With the PDT rule going away on June 4, 2026, the entire industry is about to face real competition from regular brokerage accounts — which means the firms that survive will be the ones offering something a Schwab or IBKR account genuinely can't. Most won't. For more on that shift, see our companion article on the stock prop firm landscape post-PDT and the broader day trading category.

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