Asia Forex Mentor · Prop Firm Reviews

AFM's Trusted
Prop Trading Firms.

Every prop firm on this page has been independently reviewed by the AFM team — tested for payout reliability, challenge rule fairness, profit split structure, and scaling plan clarity.  If a firm doesn’t have a verified payout record, it doesn’t appear here.

How we review prop firms →

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4.2 / 5

1,200+ verified reviews

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Preferred by Traders

Trusted by 30,000+ traders across Asia

TOP 3 AFM-RECOMMENDED PROP FIRMS

Risk Warning: Your capital is at risk. Prop Firms and CFDs carries the potential for gains, but statistically, only 11-25% of traders actually profit, while 74-89% end up losing their investment. Be aware of these risks before investing.

Top 3 AFM-Recommended Prop Firms

The Prop Firms We Actually Recommend

Profit splits, drawdown rules and evaluation fees checked against each firm's own current programme terms, September 2026.

Risk Warning: Prop firm evaluations are paid challenges with strict rules, and most participants do not pass. Evaluation fees are generally non-refundable unless the firm's own refund terms say otherwise. Trade only with money you can afford to lose.

#1 Recommended
9.2AFM Score

FTMO

Two-step evaluation · Est. 2015 · Prague

  • Profit Split80% base · up to 90% scaled
  • Max AllocationUp to $2,000,000 scaled
  • Evaluation FeeFrom €79 ($10k account)
  • Max Drawdown10% overall · 5% daily

"The most established name in prop trading and the one with the longest verifiable payout record — strict rules, but you always know exactly what they are."

Full Review
#2 Recommended
8.7AFM Score

The 5%ers

Challenge evaluation · Est. 2016 · Israel

  • Profit SplitUp to 100% on higher tiers
  • Max AllocationUp to $4,000,000 scaled
  • ModelChallenge only — 1, 2 or 3-step
  • Daily Drawdown3%–5% by programme

"The most generous scaling ladder of the major firms, and the only one where a disciplined trader can reach a 100% split — read the per-programme drawdown rules before you pick one."

Full Review
#3 Recommended
8.4AFM Score

IC Funded

Backed by IC Markets · Est. 2022

  • Profit Split75% rising to 80%
  • Max AllocationUp to $500,000
  • Evaluation FeeFrom $125 ($10k account)
  • EnvironmentSimulated MT5 / cTrader

"Pricing and platform quality inherited from IC Markets, which shows in the fill quality — note the split starts at 75% and only reaches 80% after your third payout."

Full Review
  • Payout Verified: All three firms above have independently verified payout track records reviewed by the AFM team. We do not recommend any prop firm until we have confirmed they have paid real traders real money. If a firm is new or has unverified payouts, it does not appear on this page.
  • Payout track record independently verified
  • Challenge rules reviewed for fairness
How AFM Reviews Prop Firms

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Payout Reliability
Verified withdrawal history from real funded traders. How long does payout take? Any disputes or delays?

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Rule Fairness
Are the challenge rules clearly stated? Are there hidden rules that disqualify traders? Can the firm change rules mid-challenge?

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Profit Split & Scaling
What is the actual profit split at each stage? Is the scaling plan achievable for realistic traders? What is the maximum allocation?

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Firm Stability
How long has the firm been operating? Are there signs of financial stability? What happens to funded traders if the firm closes?
Prop Firm Red Flags AFM Watches For
  • No verifiable payout history or only self-reported testimonials
  • Rules that allow the firm to change drawdown limits after you pass the challenge
  • Profit split that sounds high (90%+) but only applies to the first small allocation
  • No clear process for disputes — no email, no support, no resolution timeline
  • Firm founded within the last 12 months with no funded trader track record
  • Challenge fees that seem suspiciously low — often a sign of financial instability
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