Best Prop Firms In Australia

Prop trading in Australia is growing rapidly, supported by the country’s strong financial ecosystem and professional trading community.
Explore this page to compare the best Prop Trading Firms in Australia in 2026, based on Myfxbook user satisfaction with funding options, platform, and trading conditions.

Name
Assets
Account Currencies
Country
Promo
PTB
77
Full Review
None
50% OFF
MYFB50
EA Allowed
Broker
-
Years in Business
2
Support Hours
Sunday–Thursday 09:00–21:00 via WhatsApp and email, with 24/7 support available on Discord.
Payout Methods
Bank Transfer, Crypto, Riseworks
Payment Methods
Rise, Credit/Debit Card, Bank Transfer, Apple Pay, Google Pay, Crypto
Funding Traders
68
Full Review
Yes
30% OFF
MYFB30
EA Allowed
Broker
-
Years in Business
4
Support Hours
24/7 Human Support
Payout Methods
Riseworks, Bank Transfer, Crypto
Payment Methods
Credit/Debit Card, Crypto
Bullwaves Prime
32
Full Review
None
15% OFF
MYFB15
EA Allowed
Broker
Bullwaves
Years in Business
2
Support Hours
Bullwaves Prime support is available Monday to Friday from 08:00 to 21:00 (GMT+2/GMT+3 during Daylight Saving Time) via email, phone, or live chat.
Payout Methods
Bank Wire Transfer, USDT
Payment Methods
Crypto, Credit/Debit Card, Bank Transfer
FundedNext
107
Full Review
None
10% OFF
MYFB10
EA Allowed
Broker
-
Years in Business
4
Support Hours
24/7
Payout Methods
Crypto, Riseworks, Perfect Money
Payment Methods
Perfect Money, Astropay, PayPal, Google Pay, Apple Pay, Crypto, Credit/Debit Card
OneFunded
17
Full Review
Yes
15% OFF
MYFB15
EA Allowed
Broker
-
Years in Business
2
Support Hours
24/7
Payout Methods
Crypto, Bank Transfer, RISE
Payment Methods
Credit/Debit Card, Coinbase, UPI Payment, Crypto, PayPal
The5ers
33
Full Review
Yes
10% OFF
MYFB10
EA Allowed
Broker
-
Years in Business
10
Support Hours
24 hours
Payout Methods
Bank Transfer, Crypto, RISE
Payment Methods
PayPal, Credit/Debit Card
RebelsFunding
7
Full Review
Yes
12% OFF
MYFB12
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/7
Payout Methods
Crypto, Bank Transfer, RISE
Payment Methods
Credit/Debit Card, Bank Transfer, Crypto, PayPal
Vanta Trading
5
Full Review
None
15% OFF
MYFB15
EA Allowed
Broker
-
Years in Business
0
Support Hours
24/7
Payout Methods
Crypto, Bank Transfer, PayPal, Credit/Debit Card
Payment Methods
Coinbase, Crypto, Rise, Bank Transfer, Credit/Debit Card
Moneta Funded
8
Full Review
None
40% OFF
MFB
EA Allowed
Broker
Moneta Markets
Years in Business
3
Support Hours
24/5
Payout Methods
Crypto, Bank Transfer, RISE
Payment Methods
Credit/Debit Card, Crypto
Trade The Pool
5
Full Review
None
10% OFF
MYFB10
EA Allowed
Broker
-
Years in Business
4
Support Hours
24/7
Payout Methods
Bank Wire Transfer, Crypto, Riseworks
Payment Methods
Crypto, Credit/Debit Card, PayPal, Google Pay, Apple Pay
Atmos Funded
18
Full Review
Yes
15% OFF
MYFB
EA Allowed
Broker
Taurex
Years in Business
2
Support Hours
24/7
Payout Methods
Bank Wire Transfer, Crypto
Payment Methods
Crypto, Gcash, Google Pay, Revolut, FCMB, Mobile Money, Credit/Debit Card, Blik, DANA, Ideal, Khipu, P24, Airtel, Boleto, M-Pesa, OVO, OXXO, Multibanco, Apple Pay, Pix, Picpay, QR Payment
FundingPips
31
Full Review
Yes
5% OFF
MFB
EA Allowed
Broker
-
Years in Business
4
Support Hours
24/7
Payout Methods
Crypto, Riseworks, Bank Transfer
Payment Methods
Paysafe Card, Astropay, Skrill, Neteller, Crypto, Google Pay, Bank Transfer, PayPal, Apple Pay, Bank Wire Transfer
FXIFY
0
Full Review
None
10% OFF
MFB
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/5
Payout Methods
RISE, Bank Transfer, Crypto
Payment Methods
Bank Transfer, Crypto, PayPal, Credit/Debit Card
For Traders
0
Full Review
None
15% OFF
MFB
EA Allowed
Broker
-
Years in Business
3
Support Hours
24/7
Payout Methods
Crypto, Bank Wire Transfer, RISE
Payment Methods
Rise, Crypto, Bank Transfer
Eightcap Challanges
0
Full Review
None
20% OFF
MFB
EA Allowed
Broker
Eightcap
Years in Business
17
Support Hours
24/5
Payout Methods
Riseworks, Bank Transfer, Crypto
Payment Methods
Bank Transfer, Crypto, Neteller, Wire Transfer, PayPal, Credit/Debit Card, Skrill

Companies We Reviewed

Australia has become a leading region for proprietary trading firms, attracting both local and international traders in 2026. The country’s advanced financial infrastructure, fast internet connectivity, and access to global markets make it a natural hub for prop trading opportunities.

We researched and reviewed 15+ Prop Firms that accept Australian traders to identify the top options offering competitive profit splits, realistic trading rules, and reliable payout systems.

How We Review and Rank Prop Firms

At Myfxbook, we rank prop trading firms based on user satisfaction, evaluation fairness, payout reliability, and trading conditions. Our methodology focuses on factors that matter most to Australian traders, such as:

  • Accessibility for Australian residents
  • Transparent evaluation or instant funding models
  • Platforms offered (MatchTrader, MetaTrader 4 and 5, cTrader, and more.)
  • Profit split ratios and payout frequency
  • Rules regarding EAs, news trading, and copy trading
  • User satisfaction scores from Myfxbook Prop Firm Reviews

You can also explore our tools for better performance analysis, such as the Trading Journal, Economic Calendar, and Market Sentiment.

Our goal is to provide transparent and reliable information so you can confidently select a prop firm that aligns with your trading style and goals.

Are Prop Firms Legal in Australia?

Yes. Prop firms are legal to operate in Australia, provided they do not offer retail brokerage services or handle client deposits directly. They typically function as performance-based funding providers, allowing traders to trade with simulated or live accounts under specific terms.

Do Prop Firms in Australia Need to Be ASIC-Regulated?

Not necessarily. Most prop firms operate as global entities and are not classified as financial service providers under ASIC. However, Australian traders should always verify the firm’s reputation, payout history, and user reviews before joining. If the firm partners with a broker for live trading execution, that broker should ideally be ASIC-regulated for added security.

Are Prop Firms in Australia Safe?

Safety depends on the firm’s transparency and payout reliability rather than local regulation. Choose companies with verifiable track records, positive Myfxbook user reviews, and clear rulebooks. Avoid firms with unclear refund policies, unrealistic profit targets, or delayed payouts.

Can Australian Traders Join International Prop Firms?

Absolutely. Many global prop firms accept traders from Australia and provide payouts in AUD, USD, or crypto. Some even host evaluation servers in Sydney for better latency and execution speed.

Are Prop Firm Earnings Taxable in Australia?

Yes. Earnings from prop firms are considered taxable income under the Australian Taxation Office (ATO). Depending on your structure, it may fall under business income or contract earnings. Consult a certified accountant to ensure compliance with Australian tax obligations.