9 Best Prop Firms for Traders Who Failed Challenges

9 Best Prop Firms for Traders Who Failed Challenges

This article focuses on Best Prop Firms For Traders Who Failed Challenges Before. For many traders, failing prop firm challenges is common.

The ideal firms, however, provide spacious frameworks, ample profit splits, and an encouraging atmosphere.

These companies mainly look at consistency and sound risk management, allowing traders to learn from their errors and making it possible to attain lasting success in their trading journey.

Key Poinst & Best Prop Firms For Traders Who Failed Challenges Before

Prop FirmKey Supportive Features for Traders Who Failed Challenges
FundedNextOffers free retry options, low minimum profit targets, and instant funding plans.
DNA FundedBacked by brokers; provides low-cost challenges and scaling plans.
BrightFundedFeatures trader rewards programs and community support for motivation.
Blueberry FundedSupports stock and crypto trading with flexible drawdown rules.
Funded PrimeAllows trading meme coins and offers unique challenge structures.
ThinkCapitalOffers low fees, high profit splits, and simple evaluation steps.
MyFundedFXProvides instant funding and no daily drawdown limits.
True Forex FundsKnown for fast payouts and lenient challenge resets.
E8 FundingOffers one-phase evaluations and free retries for failed attempts.

9 Best Prop Firms For Traders Who Failed Challenges Before

1. FundedNext

FundedNext can be a good fit for traders who are just starting out with prop firm challenges. It has various evaluation models so traders can select their pace with either the express or evaluation phases.

FundedNext has low trading restrictions, high frequency of payouts, and splits of up to 90%, further helping the confidence of traders.

It really suits experienced and resetting traders since they allow news trading, weekend holding, and the use of expert advisors (EA).

FundedNext

Consistency can be further achieved using the additional analytics and educational materials provided.

With the supportive structure and the promotions offered, FundedNext offers a lot for traders looking for a second (or third) chance.

FundedNext – Key Features

Flexible Models – Evaluation, Express, and Stellar Models allow you to pick what best suits your trading style and speed.

High Profit Split – Keep up to 90% of the profit once you are funded.

Trader Friendly Rules – Having the option to trade news, hold positions over the weekend, and use EAs gives you more control of your trading.

Fast Payouts and Scaling – The first payout is in 14 days with a scaling plan that allows you to increase your account size with consistent profits.

2. DNA Funded

DNA Funded is a newer prop firm that is beginning to be liked by traders who have previously failed multiple challenges.

It is primarily aimed at helping the traders improve as it provides more flexible risk parameters and encourages a more structured approach.

DNA Funded

Traders can count on the firm as there is daily drawdown protection, and fairly offered scaling. The incentive structure of 80-90% profit payouts also helps. The offered free retries and reasonably priced reset challenges help with the psychological load.

The community support offered by the firm helps assist with disciple and learning from more trading mistakes. With all that DNA Funded provides, they have the best interest in mind for their traders.

DNA Funded – Key Features

Flexible Risk Parameters – daily and overall drawdown limits allow you to set your own risk amount.

Fair Evaluation – Two-phase with consistent profit targets to ensure you can hit in a realistic and profitable manner.

Free Retakes – If you almost passed the challenge you will receive free retakes or discounted resets.

Trader Support – A strong sense of community is created with the educational material and personalized coaching.

3. BrightFunded

BrightFunded focuses on supporting traders that need a second opportunity after unsuccessful attempts with other prop firms.

The firm offers reasonable profit targets, flexible profit challenges, and a transparent and trader-friendly environment.

BrightFunded systemized two-stage assessments to reward traders for consistency thereby, promoting consistency over short-term wins for traders to form better habits.

Offering jury low drawdown ceilings, and instant payouts with profit shares of almost 90%, provides a strong incentive to trade profitably while minimizing risk.

BrightFunded

The educational resources and customer service teams are designed to help traders diagnosed and pivot around the mistakes they made in the past. In contrast to other firms that are also focused on the bottom line

BrightFunded helps bolster their traders’ confidence over sustainable long-term profitability and growth with discipline in their trading.

BrightFunded – Key Features

Realistic Targets – Achieving profit goals becomes easier with moderate limits on drawdown.

Instant Payouts – Funded traders can make requests for same day withdrawals.

Generous Profit Split – Successful traders can profit up to 90% while the company retains the rest.

Mentorship Focus: Provides guidance and feedback to assist traders in avoiding similar errors.

4. Blueberry Funded

Blueberry Funded is an ideal option for traders trying to bounce back from other prop firm challenges. The stress levels of their challenges are easily manageable with realistic profit targets.

Furthermore, the drawdown limits are very liberal which helps the firm increase their risk appetite.

By combining scaleable plans, bi-weekly payouts, and an 85-90% profit split, the firm values consistency and rational risk taking while rebuilding their credibility.

Blueberry Funded

The company encourages automated trading, trading during news releases, and a mix of other trading styles that is designed to increase the ethical adaptability of their trading policies.

Supportive policies and dependable funding make Blueberry Funded the ideal option for traders trying to make a comeback.

Blueberry Funded – Key Features

Low-Stress Evaluation: Reasonable profit targets and high drawdown tolerance to make passage easier.

Multiple Account Options: Different account sizes and risk levels lead to more personalization.

Bi-Weekly Payouts: Payouts every two weeks to provide more motivation.

EA & News Trading Allowed: Automated and manual strategies can be employed freely without restrictions.

5. Funded Prime

Funded Prime is aimed at traders who are looking for another opportunity after previously attempting challenges at prop firms without success.

Funded Prime boasts clear and uncomplicated rules, multiple account sizes, and competitive profit splits of up to 90%.

Funded Prime is a lot more flexible and allows traders to hold their positions overnight, over the weekend, and for long periods during the week, which most swing and position traders appreciate.

Funded Prime

This firm attempts to mitigate the negative experience of failing a prop firm challenge and shifting the focus of the evaluation to consistent and steady performance avoiding aggressive trading to earn back evaluation capital.

Funded Prime has a great balanced outlook for its traders which allows them to regain confidence and is geared toward avoiding the pitfalls of a negative challenge experience. Funded Prime is the only firm to provide feedback, swift payouts, and a sense of community.

Funded Prime – Key Features

Straightforward Rules: Simple, trading condition transparency for every experience level.

Multiple Account Sizes: Flexible funding options to suit excess and low trading amounts.

90% Profit Split: Great profit share for high persistency traders.

Weekend & Overnight Holding: Limits on swing and position trading are removed.

6. ThinkCapital

ThinkCapital is different as a firm as it has a clear support structure for traders that have lost challenges.

ThinkCapital focuses on the psychological aspects of trading and supports the building of discipline by having more reasonable drawdown rules and profit targets which fosters the desired outcomes of consistent sustainable trading.

ThinkCapital

With profit splits of 90%, clear evaluation stages and frequent payout cycles, traders are kept in a good position.

There are no restrictions on the use of EAs, overnight positions, and multiple flexible trading strategies are also encouraged.

The firm has performance analytics which identify key focus areas for traders and give them the ability to refine their strategies.

The unique and important focus on long-term growth and psychological factors supports the choice of ThinkCapital for traders looking to redeem themselves.

This is complemented by the care in building a sustainable, steady progression that a trader can appreciate and support.

ThinkCapital – Key Features

Fair Evaluation Process: Balanced profit and drawdown objectives that facilitate consistent performance.

Analytics Tools: Integrated performance tracking dashboard assists in trade performance analysis and improvement.

Flexible Strategies: EA usage, news trading, and overnight positions are fully integrated.

Scaling Opportunities: Grow your account on consistent profitable results over time.

7. MyFundedFX

MyFundedFX is one of the most trusted prop firms available. It is very suitable for traders that have previously failed challenges. There are flexible and not very complicated rules.

There are different accounts with different price points for various trading types. Profit splits are as high as 90% and payouts are made quickly. There are motivational trades.

MyFundedFX

Traders are also allowed to hold trades over the weekend and use EAs and trade over news events without any restrictions.

Furthermore, MyFundedFX offers free challenge resets for near-miss performances, which is great to facilitate learning. MyFundedFX is also proudly one of the most consistent and forgiving firms to trade with.

ThinkCapital – Key Features

Fair Evaluation Process: Balanced profit and drawdown objectives that facilitate consistent performance.

Analytics Tools: Integrated performance tracking dashboard assists in trade performance analysis and improvement.

Flexible Strategies: EA usage, news trading, and overnight positions are fully integrated.

Scaling Opportunities: Grow your account on consistent profitable results over time.

8. True Forex Funds

As one of the most reliable companies in the industry, True Forex Funds is able to redeem some of the most frustrated traders after failed challenges.

Because of its consistent formations, fair policies, and reliable payments, the firm is ideal for traders who need to regain their confidence.

True Forex Funds provides a two-phase evaluation with realistic endpoints and profit targets, as well as reasonable drawdown limits.

True Forex Funds

Traders of any type, ranging from EAs to swing traders, are accepted. True Forex Funds is perhaps the most forgiving firms with its 80–90% profit split and quick funding.

An ideal choice for traders after a challenging past, the firm supplies solid educational materials, helpful analytics, and a caring team.

True Forex Funds – Key Features

Transparent Rules: A straightforward and clear structure with no hidden fees and reasonable profit objectives.

Fast Funding & Payouts: Efficient evaluations and the availability of instant withdrawals.

Flexible Trading Style: Accepts swing trading, scalping, and the use of automated systems.

Educational Support: Materials and trade analytics provided to enhance profit consistency.

9. E8 Funding

E8 Funding is known for its flexible, positive, and trader-friendly environment, making it particularly suited for traders who failed with other firms.

With profit splits reaching 90%, minimal drawdown flexibility, and no time boundaries on challenges, the firm has designed a system that minimizes stress and encourages incremental improvements.

E8 Funding

E8’s unique system provides traders with real-time analytics, which facilitates strategies and proficiencies in trading. All predominant trading styles are accepted, such as scalping, swing trading, and utilizing EAs.

With fast withdrawals and a trader’s growth mindset, the firm has constructed an environment to alleviate previous, failed challenges, thus allowing a trader to turn previous mistakes into profitable opportunities.

E8 Funding – Key Features

No Time Limits: Trade at your own pace with an unlimited challenge duration.

High Profit Split: Profit sharing up to 90% with regular payouts.

Advanced Dashboard: The E8X platform features real-time analytics and performance tracking.

Flexible Trading: Allows EAs, scalping, and swing trading with low drawdown requirements.

Conclusion

To sum up, the most recommended prop firms for traders who didn’t pass their challenges, like FundedNext, DNA Funded, and E8 Funding, are the most flexible, have the most reasonable rules, and the most supportive coping systems to help restore one’s confidence.

They provide an environment in which profitability is one of the least priorities, are patient with traders, and help strengthen their profit division.

They provide loss limits and sustain a supportive environment from which traders can consistently gain and profit.

FAQ

What is a prop firm?

A prop firm funds traders with company capital, sharing profits while setting risk rules.

Why choose a firm after failing a challenge?

These firms offer flexible rules and support, helping traders learn from past mistakes.

Which firms are ideal for second-time traders?

FundedNext, DNA Funded, E8 Funding, BrightFunded, and Blueberry Funded are popular choices.

Can I use EAs and news trading?

Yes, most forgiving prop firms allow EAs and trading during news events.

How fast are payouts?

Most offer weekly, bi-weekly, or instant payouts once funded.