Top 6 Free No Deposit Funded Prop Firm Competition Accounts for Traders

Introduction:

As a trader, gaining access to a free prop firm funded trading account can be a game-changer, allowing you to trade with real money and potentially earn profits without risking your own capital. In this article, we will explore the Top 6 Free No Deposit Funded Prop Firm Competition Accounts for Traders free no deposit bonus funded forex trading accounts available for traders, offering an opportunity to a free prop firm accounts in the form of free funded competition, enhance your trading journey and unlock exciting possibilities.

1. The Funded Trader:

The Funded Trader is a popular platform that provides free funded accounts to traders. They offer different account sizes and funding levels, allowing traders to choose the option that suits their trading style and goals. Traders can access a free no deposit prop firm trading accounts, real-time trading platforms, receive competitive profit splits, and benefit from personalized coaching and support. The funded trader hosts monthly free funded trading competitions and here is the awards or prizes:


First Place

$300k Royal Challenge + $5,000 Cash

Second Place

$300k Royal Challenge + $3,000 Cash

Third Place

$200k Royal Challenge +$2,000 Cash

4th Place 

$200k Royal Challenge

5th Place to 25th Place

$100k Royal Challenge

26th Place to 75th Place

$50k Knight Challenge

76th Place to 100th Place

$25k Knight Challenge

Additionally, if your profit reaches $30,000

10k Knight Challenge


Rules:


Follow all the same rules for the challenges:

5% Max Daily Drawdown


10% Max Total Drawdown


5 Minimum Trading Days


EA's are not allowed


No taking advantage of unrealistic fills in the demo environment


Daily Drawdown will now be calculated based on Balance or Equity whichever is higher at the end of the day


There following lot size rules apply:

5 Lot Max for Forex Pairs

3 Lot Max for Indices

3 lot for Crypto, Commodities

5 positions max open at any given time


Only 1 account per person is permitted


The competition starts on the first of the month and ends on the last day of the month.


If you end up being one of the winners, someone from our Trader Success Team will reach out with the appropriate prize.

a computer screen showing trading chart

2. Funded Next:

Funded Next is another renowned provider of free funded accounts. Traders can participate in their evaluation process, showcasing their skills and trading strategies. Once successfully approved, traders receive a free no deposit prop firm trading accounts funded account and can start trading with real capital.

Funded Next offers different account sizes, risk limits, and profit splits, giving traders flexibility and the opportunity to progress.

Funded Next hosts monthly free funded trading competitions and here is the awards or prizes:


1st place

  • $7,000 in cash

  • Stellar 2-Step 300K

2nd place

  • $3,000 in cash

  • Stellar 2-Step 200K

3rd place

  • $2,000 in cash

  • Stellar 2-Step 100K


4th and 5th place

Stellar 1-Step 50K

$1,000

6th to 10th place

Stellar 1-Step 25K

$300

11th to 20th

Stellar 1-Step 25K

$200

21st to 70th

Stellar 1-Step 15K

71st to 100th

Express Consistency 15K

Additionally

Between rankings 101 and 600, traders will be eligible to receive a lottery coupon. Once the competition concludes, 50 lucky winners will be chosen, and they will be awarded 6k accounts (Stellar 1-Step Challenge). The lottery results can be viewed within the dashboard.


Rules:


The Drawdown will be calculated based on balance.

The maximum daily loss limit is 5%.

The maximum overall loss limit is 10%.

Participants must meet a minimum trading requirement of 5 trading days.

News trading is allowed.

Commission is $3 per lot for Forex and Commodities, no commission on Indices.

Overnight and over-weekend holding is permitted.

Accounts will be swap-free.

EA’s are not allowed.

Maximum lot size of 5/per Forex pairs.

Maximum lot size 3/per indices, commodities and metals.

Participants can hold a maximum of 5 trading positions at a time.

Only one account and one IP per person is permitted.

Trading will be enabled on the start date of competition.

3. TopTier:

TopTier is a platform that offers free funded trading accounts to experienced traders. They evaluate traders' performance through their evaluation program and provide funded accounts to successful participants. Traders can access a free no deposit bonus prop firm trading accounts, choose from different account levels, enjoy competitive profit splits, and benefit from risk management tools and support.

TopTier hosts monthly free funded trading competitions and here is the awards or prizes:


1st Place - 100k Challenge


2nd Place - 50k Challenge


3rd Place - 50k Challenge


4th&5th Place - 25k Challenge


6th, 7th & 8th Place - 10k Challenge


Rules:


Competition rules:

  • Highest profit % wins

  • 5% Max Daily Drawdown

  • 10% Max Total Drawdown

  • 4 Minimum Trading Days

The winners will be contacted by their customer support team.

4. Lark Funding:

Lark Funding is a well-established provider of free funded accounts for traders. They offer a free no deposit prop firm trading accounts and comprehensive evaluation process where traders can showcase their skills. Upon successful completion, traders receive a funded account and can trade with real money.

Lark Funding offers different account sizes, risk limits, and profit splits, empowering traders to pursue their trading goals.

Lark Funding hosts monthly free funded trading competitions and here is the awards or prizes:


First Place

$200,000 3-Stage Evaluation

Second Place

$100,000 3-Stage Evaluation

Third Place

$100,000 3-Stage Evaluation

4th Place 

$100,000 3-Stage Evaluation

5th to 8th Place

$50,000 3-Stage Evaluation

9th to 13th Place

$25,000 3-Stage Evaluation

14th to 22nd Place

$10,000 3-Stage Evaluation

23th to 30th Place

$5,000 3-Stage Evaluation


Rules:


*MAX LOT SIZE FOR THIS COMPETITION IS 5 OPEN LOTS. APPLIES TO FX, STOCKS, COMMODITIES AND CRYPTO."


YOU CAN'T HAVE MORE THAN 5 LOTS OPEN AT ANY GIVEN TIME.


10% Max Static Drawdown

5% Daily Loss Limit

50:1 Leverage

Weekend holding is allowed

News trading is allowed

5 Minimum Trading Days


No taking advantage of unrealistic fills in the demo environment.


EAs are not permitted for this competition.


If we believe you're using a trade copier that is connected to a HFT EA, we will remove you from the competition.


Only 1 account per HOUSEHOLD is permitted. We will permanently ban you from future competitions if you create multiple accounts.


The competition starts on the first of the month and ends on the last day of the month.


If you end up being one of the winners, someone from the Lark Funding Team will contact you to provide the corresponding prize.


a computer screen showing trading chart

5. My Funded Fx:

My Funded Fx is a platform that grants traders access to free funded no deposit forex trading accounts. Traders can participate in their evaluation process, demonstrating their trading abilities. Once approved, traders are provided with a funded account, real-time data, and advanced trading tools.

My Funded Fx offers multiple account sizes, allowing traders to choose the one that aligns with their preferences.

My Funded Fx hosts monthly free funded trading competitions and here is the awards or prizes:


1st place

$1000 Cash + $300,000 Challenge Account


2nd place

$500 Cash + $200,000 Challenge Account


3rd place

$250 Cash + $100,000 Challenge Account


3rd to 5th place


$100 Cash + $50,000 Challenge Account


6th to 10th place


$25,000 Challenge Account


11th to 20th place


$10,000 Challenge Account


21st to 49th place


$5,000 Challenge Account


Rules:

Follow the below rules for the monthly free competition:

5% Daily Drawdown Balance Based

8% Max Drawdown Initial Balance Based

No expert advisors

5 Max Lot Limit across all assets at a time

News trading allowed

Swing trading allowed

1 account per household


6. Funding Pips:

Funding pips is a popular platform that provides free funded accounts to traders. They offer different account sizes and funding levels, allowing traders to choose the option that suits their trading style and goals. Traders can access a free no deposit prop firm trading accounts, real-time trading platforms, receive competitive profit splits, and benefit from personalized coaching and support. Funding pips hosts monthly free funded trading competitions and here is the awards or prizes:

Price pool for this competition:

1st place: 100K Evaluation (+$1500)

2nd place: 100K Evaluation (+$1200)

3rd place: 100K Evaluation (+$1000)

4th place: 100K Evaluation

5th place: 50K Evaluation

6th / 10th: 25K Evaluation

11th / 20th: 10K Evaluation

Compensation price: Thirteen random participants, ranked from 4th place to 1000th place, will receive a cash compensation prize of $100.

Rules:

Trading Rules

10% Max Overall Loss

5% Max Daily Loss

Max 5 positions open at any given time

EA execution is prohibited

Conclusion:

Accessing a free funded trading account can be a significant advantage for traders, allowing them to trade with real money and potentially earn profits without risking their own capital. Platforms such as The Funded Trader, Funded Next, TopTier, Lark Funding, Funding pips and My Funded Fx offer traders the opportunity to showcase their skills, participate in evaluation processes, and receive funded accounts. By leveraging these free funded accounts, traders can accelerate their trading journey, gain valuable experience, and take their trading to the next level. Remember to thoroughly research each platform, understand their terms and conditions, and choose the one that best aligns with your trading goals and preferences.


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