Frankfurt is Germany’s main financial centre and home to the Frankfurt Stock Exchange. The DAX, Germany’s best-known stock index, tracks 40 major companies listed on the Frankfurt Stock Exchange. If you are interested in prop trading, this strong connection to the financial markets gives you plenty of opportunities to explore.
A good prop firm can give you access to a larger simulated account and let you earn a share of eligible trading rewards. You also need to check the drawdown limits, profit targets, payout rules, and trading conditions attached to each programme.
Keep reading to compare five prop firms available to German traders.
Top 5 Prop Firms in Germany: Quick Overview
Here is a quick comparison of the five firms and the main features you may want to consider:
| Prop Firm | Best For | Main Options | Maximum Allocation | Payout Highlights |
| PineX Capital | Direct and challenge-based funding | 1-Step, 2-Step, Instant Funding, Pay Later | Up to $2M through scaling | Standard cycles of 21 exchange days, with faster add-ons |
| FTMO | Established evaluation model | 1-Step and 2-Step | Up to $2M through scaling | Rewards available from day 14 under the relevant conditions |
| The5ers | Long-term scaling | High Stakes, Hyper Growth, Bootcamp | Up to $4M | Regular payouts across its programmes |
| FundedNext | Choice of account models | Stellar 1-Step, 2-Step, Lite and Instant | Up to $4M through scaling | Programme-dependent, including frequent payout options |
| Goat Funded Trader | Wide range of funding models | 1-Step, 2-Step, 3-Step, Pay Later and Instant Funding | Up to $2M through scaling | Bi-weekly payouts, with on-demand options on selected models |
1) PineX Capital
PineX Capital was founded in 2024 and now has more than 10,000 traders. It also has a 4.5/5 Trustpilot rating. If you want to try the Pay Later model, PineX offers a free Pay Later Challenge, and purchases can also come with bonuses.
PineX has a scaling plan that can take your simulated account allocation up to $2 million. You can move through its Premium Tiers as you build your trading record. At the Advanced tier, payouts can be made every seven trading days, with the reward split reaching 100%.
The Prime tier can take your maximum allocation to $1.2 million, while Elite can take it to $2 million and includes a monthly trader payment of up to €3,200.
| Model | Account Sizes | Profit Target | Max Daily Loss | Max Loss | Reward Split |
| 1-Step Challenge | 200K | 9% | 3% static | 6% static | 80%, up to 100% |
| 2-Step Challenge | 200K | 8% + 5% | 4% | 10% static | 80%, up to 100% |
| Instant Funding | 300K | None | 3% trailing | 8% trailing | 80%, up to 100% |
| Pay Later | 300K | 4% | None in evaluation | 8% trailing in evaluation | 80%, up to 100% |
2) FTMO
Founded in Prague in 2015, FTMO has over 4.5 million customers worldwide and a 4.8/5 Trustpilot rating. Its 2-Step model offers an 80% reward split, rising to 90% through the Scaling Plan. Eligible traders can increase allocations by 25% every four months, up to $2 million. Rewards can be requested after 14 days, with approved payments typically processed within 1–2 business days.
| Model | Account Sizes | Profit Target | Max Daily Loss | Max Loss | Reward Split |
| 1-Step Challenge | 200K | 10% | 3% | 10% EOD trailing | 90% |
| 2-Step Challenge | 200K | 10% + 5% | 5% | 10% static | 80%, up to 90% |
3) The5ers
Founded in 2016, The5ers has over 262,000 traders and team members across 24 countries. Its High Stakes programme scales accounts up to $500,000, with profit splits rising from 80% to 100%. Hyper Growth offers scaling up to $4 million and profit shares of up to 100%. Both programmes offer payouts every 14 days, subject to eligibility requirements.
| Model | Account Sizes | Profit Target | Max Daily Loss | Max Loss | Reward Split |
| High Stakes | Up to $500K | 10% + 5% | 5% | 10% | 80%-100% |
| Hyper Growth | Scaling up to $4M | Programme-dependent | Programme-dependent | Programme-dependent | Up to 100% |
| Bootcamp | Up to $250K | Multi-stage | Programme-dependent | Programme-dependent | Up to 100% |
4) FundedNext
Launched in 2022, FundedNext operates in 170+ countries and has paid traders over $300 million in rewards. Its Stellar 1-Step, 2-Step and Lite programmes offer a 25% account increase through FundedNext Pro, potentially reaching $4 million.
Challenge models offer reward shares up to 95%, while Stellar Instant starts at 70%, rising to 80%. Payout schedules vary by programme.
| Model | Account Sizes | Profit Target | Max Daily Loss | Max Loss | Reward Split |
| Stellar 1-Step | 200K | 10% | 3% | 6% static | Up to 95% |
| Stellar 2-Step | 200K | 8% + 5% | 5% | 10% static | Up to 95% |
| Stellar Lite | 200K | 8% + 4% | 4% | 8% static | Up to 95% |
| Stellar Instant | Programme-dependent | None | None | 6% trailing | Up to 80% |
5) Goat Funded Trader
Goat Funded Trader offers 1-Step and 2-Step evaluations, plus instant funding. Both evaluation models have no fixed time limit. The 1-Step requires a 10% profit target, while the 2-Step Standard requires 10% in Phase 1 and 5% in Phase 2. Drawdown limits vary, with three minimum trading days required per phase.
Standard evaluation accounts offer an 80% profit split. Funded traders can request payouts every 14 days, with on-demand options available on selected models. Payout requests are generally processed within two business days.
| Model | Account Sizes | Profit Target | Max Daily Loss | Max Loss | Reward Split |
| 1-Step | $5K-$400K | 10% | 3% | 6% static | 80% |
| 2-Step Standard | $5K-$200K | 10% / 5% | 5% | 10% static | 80% |
| 2-Step GOAT | $5K-$200K | 8% / 6% | 4% | 10% static | 80% |
| Pay Later | $5K-$100K | 3% | None | 8% trailing | 80% |
| Instant Standard | $5K-$200K | None | 3% | 6% trailing | 80% |
| Goat $1 | $1K | None | 3% static | 6% trailing | 80% |
| GOAT Blitz | Varies | 3% | 3% static | 5% trailing | 80% |
Choose From The Best Prop Firms in Germany
If you’re based in Germany, there are several prop firms worth comparing, including PineX Capital, FTMO, The5ers, E8 Markets and FundedNext. Each offers different funding options and features, so take a closer look at profit targets, drawdown limits, payout schedules and trading rules before deciding which one suits you best.
