Rating breakdown
Things we didn't like:
Evaluation fees are non-refundableLimited to Forex, Commodities, and Indices
Relatively new firm with limited historical data
Why would you want an alternative to PROPEL CAPITAL?
While Propel Capital Group offers a clean and professional prop trading environment, it’s not necessarily the best fit for every trader. The firm is exclusively built around the cTrader platform, which, while powerful, can alienate traders accustomed to MetaTrader 4 or 5 — especially those with custom indicators or Expert Advisors coded for MT4. Additionally, Propel does not currently offer instant funding or a one-step evaluation option, which could be a dealbreaker for traders seeking quicker access to capital or simplified onboarding.
For high-impact news traders, the restrictions around economic events — specifically the 15-minute blackout window before and after news releases — may stifle strategies that rely on volatility spikes. Lastly, the funding cap tops out at $100,000, which, while sufficient for some, might feel limiting to traders looking to manage larger capital allocations without enrolling in scaling plans.
What other users do not like about Propel Capital
Propel Capital TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, Propel Capital has currently 120 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.20/5.00.
Main Complains according to the Users' Reviews
- Confusion around challenge retry process
- Some unclear eligibility questions
What to look for in a PROPEL CAPITAL Alternative?
If Propel’s structure feels too narrow for your needs, you might want to consider alternatives that support multiple trading platforms — especially MetaTrader — so you can retain your existing workflow without converting strategies or tools. An ideal alternative should also offer a wider range of challenge formats, including one-step evaluations or instant funding programs, to cater to traders who want faster progression or less gatekeeping. For those aiming to trade with higher capital, firms that offer funding accounts of $200,000 or more from the start — or with aggressive scaling plans — may be more attractive.
Lastly, alternatives that allow unrestricted news trading or have more relaxed event-based restrictions can better serve traders who specialize in macroeconomic volatility or short-term momentum strategies. Look for firms that offer these advantages without sacrificing execution quality or transparency around drawdown rules and payouts.
Best PROPEL CAPITAL alternatives – Proprietary Trading Firms like (or better than) PROPEL CAPITAL
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.