Best prop firms in Nigeria (2026): 70 firms ranked by AI visibility

Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you buy an evaluation. Rankings on this page are computed from the Pipswire AI Visibility Index (an independent, published dataset) and the firm data in our catalogue; they are never changed for advertisers.

When traders in Nigeria ask ChatGPT, Perplexity, Gemini, Claude or Google which prop firm to use, these are the firms the engines name most often (Q3 2026 index, Nigeria-specific questions). The score is per market, so a firm can rank differently here than in the global table. Each profile lists the rules, fees and payout terms that apply wherever you are.

The rules for prop firms in Nigeria

No Nigerian rule licenses prop firms, and none bans them. The SEC published draft rules for online forex and CFD brokers on 1 September 2026. Those rules do not cover firms that sell trading tests. One thing to know. Since the 2025 securities law, running a forex platform for Nigerians without SEC registration is a crime. A prop firm that also runs a broker for Nigerian clients may fall inside that rule.

So there is no fund to pay you back and no ombudsman if a firm refuses a payout. The test fee is a purchase under the firm's own terms, in the law of the country where the firm sits.

Money in and out. Naira cards work abroad again since July 2025, with limits set by each bank. Many traders pay fees by card or USDT. Rewards come by bank transfer or crypto. The Nigeria Tax Act 2025 took effect on 1 January 2026. It taxes a person's gains at rates up to 25%, and that can include money paid in dollars or crypto. Ask a tax adviser if your rewards are large.

The list below is not a safety rating. It shows which firms AI tools and Google name most for traders here, from the Pipswire AI Visibility Index for the third quarter of 2026. Firms change the countries they accept. Check each firm's own list before you pay for a test.

Sources: SEC Nigeria draft rules on online forex and CFDs, 1 Sep 2026 · Nairametrics on the SEC draft, 2 Sep 2026 · EY on the Nigeria Tax Act 2025, 2025 · Forbes Africa on naira cards abroad, 8 Jul 2025

Top 10

1

FundedNext

Dubai, United Arab Emirates · founded 2022

45.7AI visibility
Evaluation models
Instant funding, One-step, Two-step
Maximum allocation
$200,000 (merge up to $300,000; scaling to $4M)
Profit split
80% (up to 95%)
Challenge fee from
$59.99 (Stellar 2-Step $6k)
Payout frequency
bi-weekly (24-hour processing guarantee)
Platforms
cTrader, Match-Trader, MT4, MT5

FundedNext is a proprietary trading firm based in Dubai, United Arab Emirates, founded in 2022. It offers one-step, two-step, instant-funding evaluations on forex, indices, commodities, crypto, futures. Funded accounts go up to $200,000 (merge up to…

2

FTMO

Prague, Czech Republic · founded 2015

44.7AI visibility
Evaluation models
One-step, Two-step
Maximum allocation
$200,000 (scaling to $2M)
Profit split
80% (up to 90%; 90% on 1-Step)
Challenge fee from
€79 (1-Step $10k); €89 (2-Step $10k)
Payout frequency
bi-weekly (on demand after 14 days)
Platforms
cTrader, DXtrade, MT4, MT5, TradingView

FTMO is a proprietary trading firm based in Prague, Czech Republic, founded in 2015. It offers one-step, two-step evaluations on forex, indices, commodities, crypto, stocks, futures. Funded accounts go up to $200,000 (scaling to $2M). The…

3

The5ers

London, United Kingdom · founded 2016

36.3AI visibility
Evaluation models
Instant funding, One-step, Three-step, Two-step
Maximum allocation
$100,000 (scaling to $4,000,000)
Profit split
80% (up to 100%)
Challenge fee from
$19 (High Stakes $2.5k)
Payout frequency
monthly (on request; scaling at each 10% target)
Platforms
MT5

The5ers is a proprietary trading firm based in London, United Kingdom, founded in 2016. It offers one-step, two-step, three-step, instant-funding evaluations on forex, indices, commodities, crypto, futures. Funded accounts go up to $100,000 (scaling to $4,000,000).…

4

Topstep

Chicago, United States · founded 2012

25.8AI visibility
Evaluation models
One-step
Maximum allocation
$150,000
Profit split
90% (100% of first $10,000)
Challenge fee from
$49/month ($50K Combine)
Payout frequency
on demand (instant payouts after 5 winning days or 3-day consistency path)
Platforms
NinjaTrader, TopstepX, TradingView

Topstep is a proprietary trading firm based in Chicago, United States, founded in 2012. It offers one-step evaluations on futures. Funded accounts go up to $150,000. The profit split is 90% (100% of first $10,000). Broker…

5

FundingPips

Dubai, United Arab Emirates · founded 2022

25.6AI visibility
Evaluation models
Instant funding, One-step, Two-step
Maximum allocation
$100,000 (up to $200,000 on selected models)
Profit split
80% (60% weekly, 90% on demand, 100% monthly)
Challenge fee from
$29 ($5k 2-Step Pro)
Payout frequency
weekly (Tuesday), bi-weekly, on demand or monthly (split varies)
Platforms
cTrader, MT5

FundingPips is a proprietary trading firm based in Dubai, United Arab Emirates, founded in 2022. It offers one-step, two-step, instant-funding evaluations on forex, indices, commodities, crypto. Funded accounts go up to $100,000 (up to $200,000 on…

6

Instant Funding

London, United Kingdom · founded 2022

17.3AI visibility
Evaluation models
Instant funding, One-step, Two-step
Maximum allocation
$400,000 challenge / $80,000 instant (scaling to $3,840,000)
Profit split
80% (up to 90%)
Payout frequency
14 days after first trade then weekly (Instant); on demand (One-Phase)
Platforms
cTrader, Match-Trader, MT5

Instant Funding is a proprietary trading firm based in London, United Kingdom, founded in 2022. It offers one-step, two-step, instant-funding evaluations on forex, indices, commodities, crypto. Funded accounts go up to $400,000 challenge / $80,000 instant…

7

Goat Funded Trader

Hong Kong, Hong Kong · founded 2023

16.1AI visibility
Evaluation models
Instant funding, One-step, Three-step, Two-step
Maximum allocation
$400,000 (scaling to $2M)
Profit split
up to 100%
Payout frequency
on demand (first reward on demand; 2-business-day guarantee)
Platforms
cTrader, Match-Trader, MT5, TradeLocker, Volumetrica

Goat Funded Trader is a proprietary trading firm based in Hong Kong, Hong Kong, founded in 2023. It offers one-step, two-step, three-step, instant-funding evaluations on forex, indices, commodities, crypto, stocks, futures. Funded accounts go up to…

8

FXIFY

London, United Kingdom · founded 2023

14.8AI visibility
Evaluation models
Instant funding, One-step, Three-step, Two-step
Maximum allocation
$400,000
Profit split
75% (up to 90%; 100% on FXIFY Futures)
Challenge fee from
$39 (Lightning from $59; $5k One Phase $250)
Payout frequency
first payout on demand, then monthly (bi-weekly add-on)
Platforms
DXtrade, MT4, MT5, TradingView

FXIFY is a proprietary trading firm based in London, United Kingdom, founded in 2023. It offers one-step, two-step, three-step, instant-funding evaluations on forex, indices, commodities, crypto, stocks, futures. Funded accounts go up to $400,000. The profit…

9

Rebels Funding

Czech Republic · founded 2023

14.8AI visibility
Evaluation models
Instant funding, One-step, Three-step, Two-step
Maximum allocation
$320,000 (account growth up to 200% of initial)
Profit split
75% (up to 90%)
Challenge fee from
€14 ($10,000 Gold 1-Phase promo)
Platforms
Proprietary

Rebels Funding is a proprietary trading firm based in Czech Republic, founded in 2023. It offers one-step, two-step, three-step, instant-funding evaluations on forex, indices, commodities, crypto. Funded accounts go up to $320,000 (account growth up to…

10

Apex Trader Funding

Austin, United States · founded 2021

12.4AI visibility
Evaluation models
One-step
Maximum allocation
$150,000 (up to 20 accounts)
Profit split
90% (100% of first $25,000)
Payout frequency
every 5 trading days
Platforms
NinjaTrader, Rithmic, Tradovate, WealthCharts

Apex Trader Funding is a proprietary trading firm based in Austin, United States, founded in 2021. It offers one-step evaluations on futures. Funded accounts go up to $150,000 (up to 20 accounts). The profit split is…

Full table (70)

#Prop firmNigeria scoreModelsMax allocationProfit splitPlatforms
1FundedNext45.7Instant funding, One-step, Two-step$200,000 (merge up to $300,000; scaling to $4M)80% (up to 95%)cTrader, Match-Trader, MT4, MT5
2FTMO44.7One-step, Two-step$200,000 (scaling to $2M)80% (up to 90%; 90% on 1-Step)cTrader, DXtrade, MT4, MT5, TradingView
3The5ers36.3Instant funding, One-step, Three-step, Two-step$100,000 (scaling to $4,000,000)80% (up to 100%)MT5
4Topstep25.8One-step$150,00090% (100% of first $10,000)NinjaTrader, TopstepX, TradingView
5FundingPips25.6Instant funding, One-step, Two-step$100,000 (up to $200,000 on selected models)80% (60% weekly, 90% on demand, 100% monthly)cTrader, MT5
6Instant Funding17.3Instant funding, One-step, Two-step$400,000 challenge / $80,000 instant (scaling to $3,840,000)80% (up to 90%)cTrader, Match-Trader, MT5
7Goat Funded Trader16.1Instant funding, One-step, Three-step, Two-step$400,000 (scaling to $2M)up to 100%cTrader, Match-Trader, MT5, TradeLocker, Volumetrica
8FXIFY14.8Instant funding, One-step, Three-step, Two-step$400,00075% (up to 90%; 100% on FXIFY Futures)DXtrade, MT4, MT5, TradingView
9Rebels Funding14.8Instant funding, One-step, Three-step, Two-step$320,000 (account growth up to 200% of initial)75% (up to 90%)Proprietary
10Apex Trader Funding12.4One-step$150,000 (up to 20 accounts)90% (100% of first $25,000)NinjaTrader, Rithmic, Tradovate, WealthCharts
11Maven Trading9.1Instant funding, One-step, Three-step, Two-step$100,00080%MT5
12MyFundedFutures7.6One-step$150,00080% (90% on Rapid)DeepCharts, Hyperprop, Quantower, Tradovate
13Blue Guardian7.5Instant funding, One-step, Two-step$400,000up to 90% (100% on select plans)DeepCharts, Match-Trader, MT5, NinjaTrader, TradeLocker, TradingView, Tradovate
14Tradeify7.3Instant funding, One-step$150,000 (up to $750K across accounts)90%NinjaTrader, Rithmic, Tradovate
15Crypto Fund Trader7.1Instant funding, One-step, Two-step$200,000 (scaling to $1,280,000)80% (up to 90% via scaling)Bybit, Match-Trader, MT5
16HyroTrader5.7One-step, Two-step$200,00080% (up to 90%)Bybit, Cleo, Tealstreet
17Take Profit Trader4.5One-step$150,000 (up to 5 funded accounts)80% (90% on PRO+ live)MotiveWave, NinjaTrader, Quantower, R Trader, TradingView, Tradovate
18Phidias Propfirm4.4One-step$150,000 (up to 15 accounts)80% (Premium 75% rising to 100% from 5th payout)DeepCharts, NinjaTrader, Rithmic, TradingView, Tradovate
19Funded Trading Plus4.4Instant funding, One-step, Two-step$200,000 (scaling to $5M with add-on)80% (up to 100%)Match-Trader, MT5
20E8 Markets4.3One-step$500,00080% (configurable)cTrader, E8 Terminal, Match-Trader, MT5, TradeLocker
21Lucid Trading3.6Instant funding, One-step$150,000 (up to 5 funded accounts)—MotiveWave, NinjaTrader, Quantower, Rithmic, Tradesea, Tradovate
22Alpha Capital Group3.3Instant funding, One-step, Three-step, Two-step$200,00080% (up to 90% with add-on)cTrader, DXtrade, MT5, TradeLocker
23Earn2Trade3.3One-step$200,000 (Trader Career Path scales to $400K)80%BlackArrow, Finamark, NinjaTrader, Rithmic, TradingView, Tradovate
24Hola Prime3Instant funding, One-step, Two-stepup to $2M via Prime Circle scaling80% bi-weekly / 95% monthly (up to 90% Direct)Match-Trader, MT5
25Breakout Prop2.6One-step, Two-step$100,000up to 90%Proprietary
26TradeDay2.5One-step$150,00080% Funded Sim, 90% Funded Live (50/50 below $4k net profit on some plans)Jigsaw, Quantower, Rithmic, Tradovate
27City Traders Imperium2.3Instant funding, One-step, Two-step$100,000 challenge / $80,000 instant (scaling to $4M)up to 100% (VIP tiers: Bronze 90%, Silver 100%)Match-Trader, MT5
28OneUp Trader2.2One-step$250,000 (up to 3 funded accounts)90% (100% of first $10,000)Bookmap, Jigsaw, MotiveWave, MultiCharts, NinjaTrader, R Trader, Sierra Chart
29Aqua Funded1.9Instant funding, One-step, Two-step$400,000 (scaling to $4M)90% (100% with add-on)cTrader, Match-Trader, MT5, TradeLocker
30BrightFunded1.4One-step, Two-step$200,000 (scaling to $400K)—cTrader, DXtrade, MT5
31DNA Funded (watch)1.4One-step, Two-step$600,00080% (90% with booster)TradeLocker
32FunderPro1.2Instant funding, One-step, Two-step$200,000 (scaling to $5M)80% (up to 90%)cTrader, MT5, TradeLocker
33Audacity Capital0.9Instant funding, One-step, Two-step$200,000 challenge (scaling to $2M; FTP instant up to $768K)up to 90%DXtrade, MT5
34Bulenox0.9Instant funding, One-step$150,000 (up to 5 Master-level accounts)90% (100% of first $10,000)ATAS, Bookmap, MotiveWave, MultiCharts, NinjaTrader, Quantower, R Trader Pro, Sierra Chart
35Elite Trader Funding0.8Instant funding, One-step$150,000up to 100%NinjaTrader, Rithmic, TradingView, Tradovate
36For Traders0.5Instant funding, One-step, Two-step$100,000 initial (up to $300,000 for Gold-tier Premium Program traders)up to 90%cTrader, MT5, TradeLocker
37Alpha Futures0.5Instant funding, One-step$150,000 per account (up to $750K in simulated funds)90%AlphaTrader, Quantower, TradingView, WealthCharts
38FTUK0.5Instant funding, One-step$200,000up to 80%DXtrade, Match-Trader, MT5, TradeLocker
39BluSky Trading0.5Instant funding, One-step—90% (Direct 2 Funded 50% rising to 80%)NinjaTrader, Rithmic
40Finotive Funding0.5Instant funding, One-step, Two-step$200,000——
41QT Funded0.4Instant funding, One-step, Two-step$200,000 (up to $300K simulated capital)70% (QT One); 80% (QT Two, QT Power); 100% (QT Instant)MT5, TradeLocker
42Blueberry Funded0Instant funding, One-step, Two-step$200,000 (scaling to $2,000,000)80% (85% on Flex 1 Step; up to 90% via scaling)—
43The Trading Pit0Instant funding, One-step, Two-step$200,000 (scaling to $5,000,000)80% (Prime and Instant); 50% to 80% (Classic scaling)ATAS, NinjaTrader, Quantower, Rithmic, Sierra Chart, Tradovate
44ThinkCapital0Instant funding, One-step, Three-step, Two-step$600,000 (manage up to $600K via scaling)up to 90%ThinkTrader, TradingView
45SabioTrade0One-step$200,000 ($1,000,000 Supreme plan; no scaling)80% (90% on $100K and above)Proprietary
46Fintokei0One-step, Three-step, Two-step$400,000 (ProTrader)80% (ProTrader); 90% (SwiftTrader); 50% to 100% (StartTrader); up to 95% via loyaltycTrader, MT5, TradingView
47FundedFirm0Instant funding, One-step, Two-step$100,000up to 100%MT5
48PipFarm0One-step$300,000 (scaling to $1.5M)70% (up to 95% via XP ranks)—
49Prop Number One (watch)0—$300,000 (scaling from $7,000)up to 100%cTrader, DXtrade, MT4, MT5
50IC Funded0Instant funding, One-step, Two-step$500,00080% (up to 90% with add-ons)—
51Funded Futures Network0One-step$250,00080% (90% on Live Funded Pro or after $5,000 cumulative withdrawals)Rithmic
52Funded Trader Markets0Instant funding, One-step, Two-step$300,000 (up to $1M max allocation)up to 90% on evaluations (90% on first $10,000 for 1-Step Nitro); up to 80% on InstantcTrader, Match-Trader, MT5, TradeLocker
53Funding Traders0Instant funding, One-step, Two-step$400,000 (Instant); $200,000 (evaluations)80% to 100% (evaluations); 90% to 100% (Instant, 1-Step)MT5, TradeLocker
54FundYourFX (watch)0Instant funding———
55Lark Funding0Instant funding, One-step, Three-step$200,00080% (90% on Instant)—
56Lux Trading Firm0Instant funding, One-step$1,000,000 (scaling to $10,000,000)80%Match-Trader, MT5, TraderEvolution, TradingView
57Trade The Pool0One-step$200,000 buying power (day trade); $40,000 (swing)—TraderEvolution
58UProfit0One-step$150,000—TradingView, Tradovate
59Ascendx Capital0Two-step$200,00090%—
60Hantec Trader0Instant funding, One-step, Two-step$100,000 (scaling to $200,000)75% (up to 90% with add-ons)—
61Leeloo Trading0One-step$300,000—ATAS, Bookmap, Jigsaw, MotiveWave, MultiCharts, NinjaTrader, Rithmic, Sierra Chart
62Ment Funding0One-step$2,000,000 direct (scaling to $5M)75% (90% with add-on); 80% on Equities—
63Monevis0Instant funding, One-step, Three-step, Two-step$100,000 (Instant capped at $50K allocation)50% (Instant); standard plans not capturedProprietary
64MyFlashFunding (watch)0Two-step$200,000up to 80% (90% add-on)Sway Charts
65NexGen Futures Trader0Instant funding, Two-step—90%Agena Trader, Bookmap, ProjectX, Quantower, Rithmic, Sierra Chart
66Nordic Funder0Instant funding, One-step, Three-step, Two-step$500,00080% (90% with add-on)cTrader, DXtrade, Match-Trader
67OFP Funding0Instant funding$300,00080% (100% option)Proprietary, TradingView
68Purdia Capital0Instant funding, One-step$100,00090%NinjaTrader, TradingView, Tradovate
69TopTier Trader (watch)0One-step, Two-step———
70Traders With Edge0Instant funding, One-step, Two-step$1,000,000 (scaling to $3M; institutional path up to $30M after 2 years)80%MT5

How this ranking works: the score is the Pipswire AI Visibility Index for Q3 2026 (method 1.1) — 2,344 answers from ChatGPT, Perplexity, Gemini, Claude, Google AI Mode, AI Overviews and the Google top ten across 16 markets, combining how often a firm is named (40%), whether and how high it is recommended (30%), the tone of the mention (15%) and whether the engine cites the firm's own site (15%). It measures visibility, not quality: a high score means AI assistants recommend the firm often, not that it is right for you. Closed firms are excluded. Full index and CSV (CC BY 4.0).

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Risk warning: prop firms are not regulated brokers or investment firms. Evaluations are paid, fees are usually non-refundable, most accounts are simulated, and a firm can change its rules or stop paying out. Most participants fail the evaluation. Nothing on this page is financial advice; read the firm's terms before you pay.