7 Leading Prop Trading Firms in Ireland in 2026

Prop trading firms offer Irish traders a way to trade with institutional-sized capital after passing an evaluation or funding challenge. By late 2026 many international firms accept Irish clients, each with its own rules, fees and profit splits. For example, industry analyses list FTMO, FundedNext, MyFundedFX and Funded Trading Plus as “leading” prop firms for Irish traders . Another review notes that “FTMO, The5ers, FundedNext” (among others) are “remarkable proprietary firms in Ireland” . Importantly, Irish law does not restrict residents from using these platforms – trading is done on simulated accounts and treated as self-employment income . As a reminder, all trading carries risk: each prop firm enforces strict drawdown limits and rules. Fees for the evaluation, taxes (20–40% on profits ), and the chance of losses should be carefully considered before participating.

1. FTMO – Global Forex & Multi-Asset Funded Accounts

FTMO (based in Prague) is one of the largest and most well-known prop firms. It offers 1- or 2-step evaluation challenges on MT4/MT5 (and other platforms), with account sizes from $10K up to $200K (scaling to $2,000,000) . Upon passing, traders become “FTMO Traders” and can keep up to 90% of simulated profits . Key rules include a 10% profit target and 5% daily drawdown on the initial challenge (10% overall drawdown). FTMO is generally cited for its large scaling plan and timely payouts. As one source notes, you can earn “up to 90% of your simulated profits” with FTMO . However, the initial challenge fee can be relatively high (e.g. several hundred euros for bigger accounts), so traders should compare cost versus capital. FTMO also forbids trading around major news events. Its long track record and high Trustpilot rating (4.8/5) make it a benchmark choice, but the rules are strict and getting funded requires consistency.

2. FundedNext – Low-Cost Multi-Asset Funding

FundedNext (founded 2022, Ajman UAE) has rapidly gained popularity for its large maximum capital and competitive splits . It accepts forex, indices, commodities, and crypto CFDs, and offers funded accounts up to $4,000,000 . Profit splits are up to 90% (with scaling) and challenge fees are relatively low (for example, from $32 for a small account). FundedNext allows “news trading” by default and has no hard time limits on evaluation, which suits some traders’ styles. Like other firms, it enforces a maximum drawdown (e.g. 10%) and minimum trading days. Because Irish traders can deposit/withdraw in EUR, FundedNext also supports local-friendly payment methods. In short, FundedNext is often cited as a “transparent” and cost-effective prop program with large potential accounts – but traders must still meet its profit and risk targets to earn the payouts.

3. Apex Trader Funding – Futures-Only Specialist

Apex Trader Funding is a U.S.-based firm (Austin, Texas) that focuses exclusively on CME-listed futures. It’s notable for its straightforward pricing model: Apex charges a monthly subscription (from about $137) to trade, and then splits 90% of profits with the trader . Funded account sizes range from $25K up to $300K, with a very simple 1-step evaluation (no additional levels). Apex integrates with professional trading platforms (TradingView, NinjaTrader, Rithmic, etc.) and is used by many futures scalpers and algorithmic traders. Because Apex deals only in real futures (not CFDs), contracts are traded through a clearing broker (though losses during evaluation still come from a simulated account). In practice, Apex is often chosen by experienced futures traders who want direct market access and low fees. (Unlike FTMO or others, Apex does not offer Forex or stock CFDs, so it’s only relevant if you trade futures.) As one review notes, Apex provides instruments like equity, FX, energy and metals futures with a flat 90% split

4. The5ers – Low-Risk Portfolio Model

The5ers is an Israeli firm known for its low-risk funded accounts. Unlike many firms, The5ers pays up to 100% of profits on its small “low-risk” accounts, and 50–90% on larger ones . It uses a portfolio model with smaller position sizes and slower targets. Account sizes start as low as $5K and can scale up (e.g. two $80K accounts are common in interviews). Trading is done on MT5 with conservative risk, and The5ers places strict limits on drawdown (for example, 6% daily maximum loss and 12% total). Because of this, traders often use very tight stops. The5ers has been around over a decade and boasts a strong trader community. It does allow news trading and only a minimal consistency rule. In summary, The5ers is often cited as a stable choice for conservative traders – it’s geared toward preserving capital rather than aggressive gains. (Just note that the highest 100% payout only applies to small accounts, and larger accounts typically pay 90% or less .)

5. Earn2Trade – Education + Futures Funding

Earn2Trade markets itself as a trading education platform plus funding program. It offers futures funding (CME, ICE, etc.) via its “Gauntlet Mini” challenge. Typical funded accounts go up to $200K, and profit splits start around 80% for funded traders . A notable point is that Earn2Trade requires at least a few trading days of activity and enforces a 6% daily drawdown and 12% total drawdown on its challenges. It also strongly emphasizes trader education: successful candidates get coaching and webinars. Many Irish traders choose Earn2Trade as a stepping stone because it combines learning with a clear path to funding. According to PropFirmHero’s listing, Earn2Trade offers $25K–$200K futures accounts with an 80% split . However, traders should be aware that evaluations have a fixed time frame (usually 30 days) and must trade on the provided platforms (NinjaTrader, etc.). In short, Earn2Trade can be a good option if you value the extra support and can meet its rules on loss limits and minimum trades.

6. Funded Trading Plus – Forex & CFDs for Beginners

Funded Trading Plus (based in Singapore) caters mostly to forex and CFD traders. It offers account sizes from $5K up to $200K, with an 80% profit split . Traders use popular platforms (MT5, cTrader, etc.) and can trade FX, indices, metals and crypto. The firm runs one- and two-step challenges with 10% profit targets. Notably, Funded Trading Plus has no hard rule against news trading and allows weekend holds, which some traders prefer. Its fees are moderate (for example, one fund plans starts around $119). As one chart shows, Funded Trading Plus is considered one of the affordable options with straightforward rules . That said, as with any program you must adhere to its drawdown limits and minimum trading days. Overall, FTP is often recommended for newer traders who want a simple evaluation in FX markets, though higher-tier accounts and instruments (like stocks CFDs) are not available.

7. MyFundedFX – Crypto and Forex Funding

MyFundedFX (recently rebranded as SeacrestFunded) is an emerging prop firm popular in Europe. It allows trading of major forex pairs and some crypto CFDs. Account sizes range from a few thousand up to $200K (and can scale further), with profit splits up to 100% on the first target and 90% thereafter. MyFundedFX’s evaluation is relatively fast (often one phase) and it permits automated strategies and news trading by default. The firm has garnered attention in Ireland – for example, one analysis explicitly lists MyFundedFX among the firms “leading the Irish market” . In practice, MyFundedFX appeals to algorithmic traders and those who want quick funding turnaround. As always, traders must follow MyFundedFX’s rules (e.g. max drawdown and required trades) to keep the account funded.

Final Thoughts

Each of the firms above can provide Irish traders with sizable capital, but none are a “sure thing.” Success requires following each firm’s rules, managing risk, and understanding the cost vs. reward. Key points to remember:

Challenge Fees and Profit Splits: All prop programs charge a fee or subscription for the evaluation. Compare that cost to the funding level and split. For example, a €155 FTMO challenge or $137/mo Apex subscription should justify the potential payout.

Risk Rules: Every firm enforces drawdown limits (often around 5–10%). Traders must use sensible stops and position sizing. Breaking a rule can void funding.

Trading Style Fit: Check what instruments and strategies are allowed. Some firms ban news-event trading or require a minimum number of trading days. Make sure the firm’s rules suit your style.

Tax and Legality: As noted, prop trading is legal for Irish residents . Profits count as self-employment income, so expect to pay 20–40% tax . Keep good records.

Reputation: Look for verified trader reviews (e.g. Trustpilot) and at least 1–2 years of operation. The firms listed above generally have positive track records, but always do your own due diligence.

In summary, the “top 7” prop firms vary in focus. FTMO and FundedNext offer large multi-asset accounts; Apex and Earn2Trade specialize in futures; The5ers and MyFundedFX focus on low-risk forex/crypto; and Funded Trading Plus is an entry-level FX/CFD provider. Each has different strengths. The best choice depends on your trading style, markets and budget. Remember that funded programs are a tool — not a guarantee. Diligence and risk management remain essential to preserve capital and ultimately profit.