Updated: November 2026

Best Prop Firms in South Africa 2026

Prices in dollars, profits in rand. We compared 31 prop firms that accept South African traders on fees, profit split, trading rules, payouts and customer ratings.

View the rankings

Highest rated: Blue GuardianRated 7.5, first overall

Next-lowest 100K price: Instant Funding100K challenge from $259

Most trusted: FTMO4.8 out of 5 on Trustpilot

The 10 best prop firms for traders in South Africa (2026)

Ordered by overall rating. Prices reflect the standard list price of a $100,000 account, excluding discount codes.

RankFirmScoreProfit split100K challengeTrustpilot

Blue GuardianMT5, Match-Trader, TradeLocker

7.5/10

85%max

$2392-Step, 2 Step Nano

4.0/ 5

85%Profit split

$239100K

4.0Trustpilot

Visit firm*Read review

FXIFYMT5, DXtrade, TradingView

7.3/10

90%max

$3991-Step, Lightning

4.3/ 5

90%Profit split

$399100K

4.3Trustpilot

Visit firm*Read review

AquaFundedMatch-Trader, TradeLocker, MT5

7.3/10

90%max

$279.202-Step, Two Step Pro

3.1/ 5

90%Profit split

$279.20100K

3.1Trustpilot

Visit firm*Read review

FundedEliteMT5, Match-Trader

7.2/10

80%max

$2992-Step, Lite 2 Step

4.3/ 5

80%Profit split

$299100K

4.3Trustpilot

Visit firm*Read review

Lark FundingcTrader, DXtrade, Match-Trader

7.2/10

80%max

$3703-Step, 3-Step Evaluation

4.3/ 5

80%Profit split

$370100K

4.3Trustpilot

Visit firm*Read review

Maven TradingMT5, Match-Trader, cTrader

7.2/10

80%max

$2993-Step, 3-Step Challenge

4.3/ 5

80%Profit split

$299100K

4.3Trustpilot

Visit firm*Read review

FTMOMT4, MT5, cTrader

7.0/10

90%max

€4991-Step, 1-Step Standard

4.8/ 5

90%Profit split

€499100K

4.8Trustpilot

Visit firm*Read review

The5ersMT5, cTrader, TradingView

6.7/10

80%max

$4052-Step, High Stakes New

4.7/ 5

80%Profit split

$405100K

4.7Trustpilot

Visit firm*Read review

Funding TradersMT5, TradeLocker

6.6/10

80%max

$4592-Step, 2-Step Pro6

4.5/ 5

80%Profit split

$459100K

4.5Trustpilot

Visit firm*Read review

City Traders ImperiumMT5, Match-Trader

6.5/10

80%max

$4491-Step, 1-Step Challenge

4.2/ 5

80%Profit split

$449100K

4.2Trustpilot

Visit firm*Read review

Remaining firms (31 assessed in total)

#	Firm	Score	100K challenge from	Profit split
11	SpiceProp	6.4/10	€499 Sweet Pepper	80%	Visit firm*
12	Orion Funded	6.3/10	$409 Orion Select	80%	Visit firm*
13	Funded Trading Plus	6.2/10	$549 2-Step Classic	80%	Visit firm*
14	Instant Funding	6.2/10	$259 One-Phase Micro	80%	Visit firm*
15	FundingPips	6.1/10	$466 2 Step Pro	80%	Visit firm*
16	Fintokei	6.1/10	$499 SwiftTrader	80%	Visit firm*
17	RebelsFunding	5.8/10	–	75%	Visit firm*
18	For Traders	5.8/10	$469 Fast	80%	Visit firm*
19	Atmos Funded	5.8/10	$379 2-Step Plus	80%	Visit firm*
20	Top One Trader	5.6/10	$541 Two-Step PRO	80%	Visit firm*
21	MENT Funding	5.5/10	$750 Forex 1-Step Challenge	75%	Visit firm*
22	QT Funded	5.5/10	$475 QT Power	80%	Visit firm*
23	Goat Funded Trader	5.2/10	$478 2-Step GOAT Challenge	80%	Visit firm*
24	SabioTrade	5.0/10	$479 Advanced	80%	Visit firm*
25	DNA Funded	5.0/10	$549 Rapid	80%	Visit firm*
26	FunderPro	5.0/10	$539 Classic	80%	Visit firm*
27	OneFunded	5.0/10	$349 Value	80%	Visit firm*
28	The Trading Pit	4.8/10	€569 CFDs Prime 2-Step	80%	Visit firm*
29	Audacity Capital	4.8/10	$549 Ability Challenge	75%	Visit firm*
30	AIFO	4.8/10	$449 2-Step Core	80%	Visit firm*
31	Blueberry Funded	4.6/10	$605 1-Step Evaluation	80%	Visit firm*

All 31 reviews →

Our assessment method

Each firm is assessed on four criteria drawn from its published pricing and rules, together with its Trustpilot rating. The criteria are combined into a single rating out of 10.

Placement cannot be purchased. Certain links generate a commission for us; this has no influence on any rating.

Assessment method

Trustpilot rating40%

Feedback from verified customers, the most reliable indication that a firm honours its payouts.

Profit share20%

A 70% share receives no points; a 100% share receives the maximum.

Cost at 100K20%

The most affordable $100,000 challenge offering a share of at least 80%.

Permitted strategies20%

The range of approaches allowed: news trading, weekend holding, EAs, hedging, scalping, copy trading and martingale.

Rankings by category

Cheapest prop firmsEach firm's most affordable 100K challenge 1-Step challengesA single target to funding 2-Step challengesThe established two-phase format 3-Step challengesModest targets, modest cost Instant fundingFunded from the first day Pay after passA modest fee now, the balance upon passing News tradingTrading around major releases Expert advisors (EAs)Automated trading Weekend holdingPositions held over the weekend ScalpingShort-duration trading HedgingHedging within a single account Copy tradingCopying between your own accounts 90% split or moreRetain a greater share of profit High leverage1:100 or greater on forex No consistency ruleExceptional days will not delay payouts No time limitProceed at your own pace Best ratedThe highest Trustpilot ratings Large accountsUp to 400K or beyond For beginnersAffordable, reputable and accommodating

Pricing by account size

5K 10K 25K 50K 100K 200K

Prop firms in South Africa: what to know

Are they regulated?

Prop firms sell evaluations on demo accounts. They are not authorised financial services providers, so the FSCA does not supervise them and you can't use the FAIS Ombud if something goes wrong. Check the FSCA's warnings before you pay.

Paying

South African cards generally work for dollar payments, but your bank adds a conversion margin. Some traders pay in USDT to avoid card fees.

Getting paid

Payouts come through Rise, bank transfer or crypto. Your bank converts dollars to rand, so compare the rate you actually receive.

Questions and answers

What is a prop firm?

A firm that funds your trading after you pass a paid challenge. You keep most of the profit, usually 80–90%.

Are prop firms legal in South Africa?

Yes, you can use them. They are not FSCA-authorised because they don't handle your trades or deposits, so the main protection is the firm's own reputation.

Which prop firm is cheapest?

At 100K, the most affordable challenges offering a share of at least 80% are: Blue Guardian (2 Step Nano, $239), Instant Funding (One-Phase Micro, $259), AquaFunded (Two Step Pro, $279.20). Price should be weighed alongside loss limits and trading rules.

What does a 100K challenge cost in rand?

Most 100K challenges cost $300–600. Check today's exchange rate and add your bank's conversion margin.

Best Prop Firms in South Africa 2026

The 10 best prop firms for traders in South Africa (2026)

Remaining firms (31 assessed in total)

Our assessment method

Rankings by category

Pricing by account size

Frequently viewed comparisons

Essential guides

Prop firms in South Africa: what to know

Are they regulated?

Paying

Getting paid

Questions and answers