Rating breakdown
Things we didn't like:
Expert Advisors (EAs) are not permittedCopy trading is not permitted
No balance scaling options
Relatively new firm with limited historical data
Why would you want an alternative to PROP365?
While Prop365 presents a well-rounded offering with dual evaluation models and access to major financial markets, it may fall short in key areas that matter to more experienced or specialized traders. For instance, the firm operates exclusively through the TradeLocker platform, which, despite being modern and user-friendly, might not suit traders who rely on MetaTrader 4/5 for their custom indicators or automated systems. Additionally, the firm lacks transparency around scaling plans — there's no clear path to grow beyond the initial $100,000 funding cap or to earn higher profit splits based on performance. For traders seeking long-term capital scaling or incentives like bonuses for consistency, this could be a limiting factor. And while the 80% profit split is generous, it's also static, which may not satisfy traders used to firms that offer up to 90% or 95% after proving their profitability. Lastly, the firm is relatively new, meaning it doesn’t yet have a long track record of payouts, trader success, or platform stability compared to more established names in the industry.
What other users do not like about PROP365
PROP365 TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, PROP365 has currently 50 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.00/5.00.
Main Complains according to the Users' Reviews
- Challenge may take multiple attempts to pass
- Max loss policy may be strict for new traders
What to look for in a PROP365 Alternative?
When considering alternatives to Prop365, it’s important to look for firms that provide greater growth potential — especially those offering larger funding tiers (like $200K or more) and defined scaling paths that reward consistent performance. Traders should also consider platforms that support MetaTrader in addition to TradeLocker, offering broader compatibility for EA-based or indicator-driven strategies. If you're looking to maximize earnings, choose a firm with a profit split that starts at 85% or higher, or one that offers a performance-based increase over time. It's also worth prioritizing firms with established reputations, ideally those with public payout records and community feedback, which can provide peace of mind when managing higher account balances. Finally, if evaluation fee refunds matter to you, seek out firms that offer not just refunds upon passing but also no activation or hidden post-funding charges — something that’s often overlooked until it impacts your bottom line.
Best PROP365 alternatives – Proprietary Trading Firms like (or better than) PROP365
Rating breakdown
Things we liked:
Exclusive Discount Code (20% Off Exclusive Offer)Unlimited time for completion
Real Funding and Daily Payouts
Things we didn't like:
High challenge difficultyFunderPro Overview
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
Rating breakdown
Things we liked:
Unlimited evaluation free retries (Exclusive Refund Code 120%)No restrictions on trading style
Overnight and weekend holding allowed
A large variety of trading instruments
Things we didn't like:
Consistency rule for express accountsNo free trials available
Minimum 5 trading days
FundedNext Overview
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
Rating breakdown
Things we liked:
Exclusive Discount Code (10% Off Exclusive Offer)No Trading Restrictions
MetaTrader4, MetaTrader5
Things we didn't like:
Minimum Trading DaysTrailing Drawdown
FXIFY Overview
FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.