Proprietary trading firms in the UAE offer funded accounts ranging from $5,000 to millions in trading capital, catering to both novice and experienced traders. These companies typically require traders to pass challenges or evaluations to demonstrate their skills before receiving funding. Once approved, traders can access significant buying power and potentially earn substantial profits.
Top Proprietary Trading Firms in the United Arab Emirates
1. RebelsFunding – A Winning Prop Firm for traders in UAE
RebelsFunding.com has become very popular on the UAE prop trading scene. They offer a straightforward funding model with very competitive terms for all types of traders. A wide variety of programs to choose from, whether you are a beginner or an experienced trader.
In a nutshell:
· Profit Split: 90/10 in favour of the trader
· Proprietary Trading Platforms: RF-Trader
· Max Capital Allocation: Up to $620,000
· Price Range: Starting from $25 for initial challenges
Pros:
• Free Trial
• No Time Limit
• Absolutely no daily drawdown limits
• Traders competitions
• High profit split up to 90%
• Multiple account size options
Cons:
• No Metatrader Platforms
• EA’s are not allowed
• Limited track record
• Fewer educational resources compared to larger firms
Get more information at www.rebelsfunding.com/
2. FundedNext
FundedNext stands out with its innovative funding model and trader-friendly policies. They focus on rapid payouts and high profit shares.
Profit Split: Up to 90/10 for top performers
Trading Platforms: MetaTrader 4 and MetaTrader 5
Max Capital Allocation: Up to $200,000
Price Range: $99 to $599 for evaluation programmes
Pros: • High profit split potential • Frequent payout options • Flexible trading conditions
Cons: • Lower maximum capital allocation compared to some competitors • Higher entry costs for larger accounts
3. City Traders Imperium
City Traders Imperium has established itself as a reputable prop firm in the UAE. They offer a balance of funding options and educational support.
Profit Split: 70/30, increasing with performance Trading Platforms: MetaTrader 4 Max Capital Allocation: Up to $2,000,000 Price Range: £249 to £1,099 for evaluation programmes.
Pros: • Large capital allocation potential • Comprehensive educational resources • Scaling plan for successful traders
Cons: • Higher initial costs • Lower base profit split compared to some competitors
4. FTUK
FTUK, while based in the UK, has a strong presence in the UAE market. They offer a robust platform for traders seeking substantial funding.
Profit Split: Up to 80/20 for consistent performers Trading Platforms: MetaTrader 4 and MetaTrader 5 Max Capital Allocation: Up to $400,000 Price Range: $155 to $1,080 for challenges
Pros: • Well-established reputation • Clear progression path • Multiple account currencies available
Cons: • Strict trading rules • Higher costs for larger account challenges
5. Audacity Capital
Audacity Capital is a UAE-based prop firm known for its trader development programmes. They focus on nurturing talent and providing substantial capital.
Profit Split: 50/50, with potential increases Trading Platforms: MetaTrader 4 and proprietary platforms Max Capital Allocation: Up to $500,000 Price Range: Varies, with some free evaluation options
Pros: • Strong emphasis on trader education • Flexible trading conditions • Potential for significant capital allocation
Cons: • Lower initial profit split • Less transparent pricing structure
Funded Accounts and Profit Splits
Traders may get funded accounts with varying sizes and profit split arrangements. These accounts provide capital for traders to use without risking their own money.
Funded account sizes typically range from 3,000 USD to over 760,000 USD. Many firms start with accounts around 10,000 USD, balancing costs and earnings potential.
Profit splits differ based on account type. For instant funded accounts, traders usually receive about 50% of profits. This lower percentage reflects the immediate access to capital.
Challenge-based funded accounts offer more favourable splits. After passing a trading challenge, traders can earn 80-90% of profits. The prop firm keeps only 10-20% in these cases.
Some UAE prop firms provide flexible funding options. Traders may choose from various account sizes and challenge requirements to suit their skills and goals.
It's important to note that profit splits and account sizes can vary between firms. Traders should carefully compare offerings to find the best fit for their trading style and experience level.
Regional Considerations in the United Arab Emirates
The UAE has become a hub for prop trading firms in the Middle East. Its strategic location between East and West makes it attractive for financial services companies.
Dubai, in particular, hosts many proprietary trading companies. The city's modern infrastructure and business-friendly policies draw traders from around the world.
The GMT+4 time zone is advantageous for trading businesses. It allows them to operate during both Asian and European market hours.