- What Are Prop Firms with No Time Limit?
- Our Top Prop Firms with No Time Limit
- Comparison Table of No Time Limit Prop Firms
- SurgeTrader
- FTUK
- FundedNext
- The 5%ers
- How We Choose Our Best Prop Firms with No Time Limit
- Final Thoughts
Prop Firms with No Time Limit
What Are Prop Firms with No Time Limit?
Proprietary trading firms usually require you to take part in a trading challenge so that they can evaluate your performance before giving you access to trade on a funded account. They will set profit targets and other objectives such as maximal drawdowns, daily loss and trading days. You will need to follow these rules in order to pass the evaluation process.
If there are a maximum number of days that you have to pass a prop firm challenge, this can put pressure on your trading strategy and lead to unnecessary mistakes. That is when a prop firm with no time limits can be a great solution for those of you who would prefer to take your time and do not want to pay for another evaluation fee if you fail to meet the time restrictions.
It is important to note that the time limit does not mean you need to trade for the complete duration of the challenge. It just means that you need to complete the evaluation objectives within the allocated maximum number of trading days. Most prop firms have a 30-day time limit to pass whereas others will let you trade for as long as it takes, although that can incur monthly fees.
Prop Firms with No Time Limit
Our Top Prop Firms with No Time Limit
OnlyFunds Review
OnlyFunds provide funded trading accounts with a large 90% profit share, along with straightforward and fair trading conditions to ensure a level playing field for all traders.
9.7
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SurgeTrader Review
SurgeTrader accelerates your path to becoming a professional trader by putting real capital into live accounts for you to trade. They have a good variety of funded trader programs where you can keep up to 90% of the profits if you successfully pass the audition phase and scale up to $500K.
9
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The 5%ers Review
The 5%ers give instant funding to successful traders. You can choose from various trading programs to show them you have what it takes to trade their capital up to $4 million and keep 50% of profits.
Read full review
FundedNext Review
FundedNext is a prop firm that provides funding for aspiring forex traders up to $200,000 with a good choice of funding programs. You can get a 95% share of the profits and scale your funded account all the way to $4million.
8.7
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FTUK Review
FTUK provide a range of trading programs where you can put your skills to the test and get instant funding to trade on a funded account up to $5,760,000 with an 80% profit share.
8.7
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Prop Firms with No Time Limit
Comparison Table of No Time Limit Prop Firms
Prop Firms with No Time Limit
SurgeTrader
There are no time limits or minimum trading days required to pass the SurgeTrader Audition. The only requirement to become funded is hitting the profit target. Pass in two days or two months. Once you earn profit in a funded account, you can withdraw your money any time you like, once per calendar month. You can keep up to 90% of the profits if you successfully pass the trading challenge with no time limit and scale up to $500,000.
| Starter – $25K | Intermediate – $50K | Seasoned – $100K | Advanced – $250K | Expert – $500K | Master – $1M | |
|---|---|---|---|---|---|---|
| Account Type | Standard | Standard | Standard | Large | Large | Large |
| Profit Share | 75% | 75% | 75% | 75% | 75% | 75% |
| Profit Target (10%) | $2,500 | $5,000 | $10,000 | $25,000 | $50,000 | $100,000 |
| Daily Loss Limit | 4% | 4% | 4% | 4% | 4% | 4% |
| Max Trailing Drawdown | 5% | 5% | 5% | 5% | 5% | 5% |
| Audition Fee | $250 | $400 | $700 | $1,800 | $3,500 | $6,500 |
Pros
- Simple, straightforward trading rules
- No minimum trading days
- No 30-day assessment period
- Scale up from $25K all the way to $500K
- One-Time fee with no ongoing costs
- No restrictions on trading strategies
- 1 step evaluation process
- Good choice of trading instruments
- Trade on both MT4/MT5 platforms
- Handy trader dashboard
- Realistic profit target set at 10% of the total account balance
- After passing the audition you will start trading directly on a live account, with real profits and losses taken by the company, no demo accounts
- You will have access to a free 30-day membership with BKForex, which includes daily trading signals, tools, indicators, webinars and more
- Quick withdrawals and no minimum or maximum amount restrictions, which can be requested at any time once a month
- Very generous profit share that goes all the way up to 90%
- Free trial of the audition upon request
Cons
- A stop-loss is required for each trade
- All positions must be closed on Friday
- Maximum open size of 1 lot per $10,000 of the account balance
- 5% maximum trailing drawdown
- Low leverage 10:1, 5:1 and 2:1
9
SurgeTrader
SurgeTrader accelerates your path to becoming a professional trader by putting real capital into live accounts for you …
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Prop Firms with No Time Limit
FTUK
There is no minimum or maximum time limit for you to hit your milestone target with FTUK, so when you reach the next milestone target you will immediately move to the next level and manage more capital. Forex Traders UK (FTUK) allow nearly all trading strategies including automated trading with prop firm EAs. They have partnered with a regulated trading broker in Eightcap, so you can take your time to trade a good variety of asset classes on both MT4/MT5 platforms with leverage up to 1:100. Pass the FTUK no time limit trading challenge and you can qualify for a funded account with an 80% profit share.
Pros
- No minimum trading days
- Rapid scaling plan
- Instant funding account
- Allow most trading strategies
- EAs, news trading, overnight holding and weekend trading allowed
- Both MetaTrader 4/5 platforms
- Partner with a reputable broker in Eightcap
- Leverage goes up to 1:100
- Allow up to 3 accounts
- Withdraw profits anytime
- Refundable fee
Cons
- Maximum 80% profit share
- High 25% profit target
- 1.5% Max stop loss risk limit on low-risk account types
- Lot size consistency rule
- No free trial
8.7
FTUK
FTUK provide a range of trading programs where you can put your skills to the test and get instant funding to trade on …
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Prop Firms with No Time Limit
FundedNext
At FundedNext, they want to make things easier for prop traders. Therefore, you only need to take a minimum of 10 individual and separate trades each month, but you must enter a new trade on at least ten separate days in a month. However, you can relax as your trading days do not need to be consecutive, and to make things even easier, there is no maximum number of trades you need to take each month, as long as you do not exceed your risk. If you want, you can take as much time as you want to become a FundedNext Crown Trader. There is no time limit or pressure to reach any profit target within a restricted period. They encourage traders to trade freely with them.
| Funding Amount | $15,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|
| Maximum Daily Loss | $750 | $1,250 | $2,500 | $5,000 | $10,000 |
| Maximum Overall Loss | $1,500 | $2,500 | $5,000 | $10,000 | $20,000 |
| Maximum Trading Day | 5 | 5 | 5 | 5 | 5 |
| Trading Leverage | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 |
| One Time Fee (Refundable) | $99 | $199 | $299 | $549 | $999 |
Pros
- Profit split of 15% for evaluation stages
- Keep up to 90% of the profits
- Possibility to scale up to $4M account balance
- Allowed to merge accounts
- Expert advisors (EAs) and indicators allowed
- Overnight, weekend and news trading allowed
- Intuitive MetaTrader 4 platform
- Leverage goes up to 1:100
- Unlimited evaluation free retries
- A large variety of trading instruments (forex pairs, commodities, indices)
Cons
- Copy trading from other traders not allowed
- Consistency rule for express accounts
- Minimum 5 trading days
- No MetaTrader 5 platform
- No free trials available
8.7
FundedNext
FundedNext is a prop firm that provides funding for aspiring forex traders up to $200,000 with a good choice of funding …
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Prop Firms with No Time Limit
The 5%ers
Technically, there is a time limit with The 5%ers prop firm. However, it is very generous and should not be an issue for anyone who is serious about becoming a funded trader. There is a maximum time duration of 12 months for level 1 of the program. Within this duration, they expect the trader to complete all trading objectives and goals. If you pass the evaluation phase, you can get a funded account scaled up to $4,000,000 with a reasonable 50% profit share.
| Starting Balance | Maximum Loss (5%) | Profit Target (6%) | |
|---|---|---|---|
| Challenge 1 | $25K | $1,250 | $1,500 |
| Challenge 2 | $50K | $2,500 | $3,000 |
| Challenge 3 | $75K | $3,750 | $4,500 |
Pros
- Instant funding in real accounts
- Frequent payouts and growth simultaneously
- Exceptional trading conditions
- Traders community
- All trading strategies are welcome
- Very fast growth plan
- No time pressure on the funded trader program
- One time fee with no ongoing costs
- Trading resources and tools
- Excellent MetaTrader 5 platform
- Scale up to $4M
- News trading and EA allowed
- Overnight and Weekend holding allowed
- Multiple accounts allowed
Cons
- Limited leverage options – 1:6 for low-risk accounts and 1:30 for aggressive accounts
- 2% Max stop loss risk limit on low-risk and $100k Bootcamp account types
- No MetaTrader 4 platform
- Could add some more trading instruments such as cryptos
- Not the largest profit share of 50%
- No free trial
8.8
The 5%ers
The 5%ers give instant funding to successful traders. You can choose from various trading programs to show them you …
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Prop Firms with No Time Limit
How We Choose Our Best Prop Firms with No Time Limit
Obviously, the first thing to do was filter down our top prop firms to those who do not have any time limits. We then considered some of the other important factors including profit share, scaling plan, cost of trading challenges, trading conditions and customer support. You will also want to check if they have a one-step evaluation process or more. The more challenges you need to pass, the longer it can take to get a funded account.
Here are some of the key features to look for when choosing a suitable prop firm without a time limit:
- Number of evaluation phases
- Minimal trading days
- Profit targets
- Maximum drawdown & loss
- Trading platforms
- Trading instruments
- Partner brokerage firm
- Profit split on funded accounts
- Payout methods and frequency
- Prop firm support and reputation
Prop Firms with No Time Limit
Pros & Cons of Prop Firms Without Time Limits
Pros
- Take your time to practice your trading strategies
- Improve your knowledge of the markets whilst trading
- Less pressure compared to instant funding
- Check how good the prop firms trading conditions are
- Show the prop firm what you can do with a minimal upfront cost
- Can use long-term trading strategies
- More flexible money management
- Spend less time trading and making silly mistakes
Cons
- Can take longer to qualify for a funded account
- Most prop trading firms have a time limit so choice is limited
- Might need to pay a monthly evaluation fee
Prop Firms with No Time Limit
Final Thoughts
Prop trading firms with no time limit can give you plenty of time to practice your trading strategies and learn more about the markets without feeling the pressure of needing to pass a trading challenge within a set amount of days. You can show them that you are a consistent trader and use long-term trading strategies with sensible money management which tend to be more stable when compared to day trading or scalping. No time limit prop firm challenges are a great way to prepare before committing to a funded account.
On the other hand, it takes longer to get access to a funded account. Whilst that might not be a problem to beginners who need the practice, the more experienced traders might feel that they don’t need so much time. If you are reading this but have a successful trading strategy and are ready to trade on a funded account right away, then you might want to take a look at our instant funding prop firms instead.
