Which Prop Firms Allow Options Trading | TradersYard

Regulation is finally catching up with options-focused prop firms. In 2026, only a handful of reputable names let traders access funded accounts for listed options, and the fine print is brutal if you don’t know where to look. Most prop firms still focus on forex and futures — and the ones that do offer options trading have strict evaluation rules, high platform fees, and sometimes a minefield of hidden costs.

If you want real capital for trading real options, not simulated “options” on CFDs or synthetic assets, you need to know which firms actually deliver. Here’s a clear-eyed look at the legitimate prop firms that allow options trading in 2026, what you’ll pay, what you’ll get, and which rules will catch you out if you’re not prepared.

The Shortlist: Real Options Prop Firms in 2026

Most “prop firm” lists online are padded with companies that either don’t offer options at all or only offer options trading as a marketing gimmick. As of 2026, the real list is short — and getting shorter as regulatory pressure increases. Here are the top firms traders still trust for funded options trading accounts:

Most other firms either restrict options to “paper trading” environments, only allow options on index futures, or simply don’t support them at all. If you see a firm not listed here advertising “options” funding, check the fine print — it’s almost always a CFD or synthetic product, not real listed options.

Black Eagle Financial Group: Best for Active Listed Options Traders

Black Eagle Financial Group is the real deal for listed options. They offer both evaluation-based and instant funding programs, with accounts up to $250,000. Profit splits start at 70% and scale to 90% as you prove consistency — but there’s no free lunch.

You’ll pay $150/month for Sterling Trader Pro or RealTick, plus $50–$150/month in exchange data fees, depending on which exchanges you want access to. If you’re not trading at least a few contracts a day, these costs can eat your profits.

The key reason advanced traders choose Black Eagle: you get full access to real US-listed options markets, with no restrictions on spreads, multi-leg strategies, or holding through earnings. Weekly payouts and a transparent fee structure make it a favorite for pro options traders.

Expert tip: Black Eagle’s instant funding is tempting, but the risk rules are tight — total account drawdown is typically capped at 10%, and you’ll be auto-closed if you violate max risk, regardless of open trades. Most traders fail not on trade ideas, but on risk management violations.

Topstep: Fastest Evaluation for Options on Futures

Topstep is best known for futures funding, but in 2026, their platform now allows you to trade options on CME and ICE futures through TopstepX, NinjaTrader, or Tradovate. These are true options contracts, not synthetics.

Evaluation is fast — you can theoretically pass the Trading Combine in as few as two trading days if you hit profit targets and follow all rules. Account sizes are $50K, $100K, and $150K. The profit split is 90/10 in the trader’s favor, and if you joined before January 12, 2026, you keep 100% of your first $10,000 in profits.

Monthly pricing is $49 (50K), $99 (100K), and $149 (150K), with a $149 activation fee per funded account. Topstep’s rules are strict: daily loss limits, maximum position sizes, and you must trade a minimum number of days. Violations mean starting over.

Expert insight: Topstep does NOT allow equity or ETF options — only options on futures like ES (S&P 500), NQ (Nasdaq), CL (Crude Oil), etc. If you want to trade single-stock options, look elsewhere.

Maverick Trading: Real Equity and Options, But With a Catch

Maverick Trading is one of the longest-running equity and options prop firms. They offer scalable accounts from $10,000 up to $300,000 (and higher for top performers), using real brokerages like Thinkorswim and Interactive Brokers.

You’ll pay a hefty $199–$999 to join, plus $199/month ongoing. The profit split starts at 70% and can reach 80% as you scale. The catch: Maverick’s evaluation is not a quick “pass in a week” challenge. You go through a proprietary training program and must demonstrate consistency over months, not days.

Risk rules are strict — maximum loss limits, mandatory position sizing, and a requirement to adhere to their playbook of approved strategies. Maverick is best for traders who want a career in options trading, not just a funded account.

Expert tip: Your capital at risk is real — Maverick requires a refundable “risk deposit” (typically $2,000–$5,000) that you get back if you leave in good standing. This is not a fee, but it’s money you must tie up while trading with them.

Funder Trading: Solid for Active Equity and Options Traders

Funder Trading offers funded accounts for active equity and options traders, with sizes from $25K to $100K. Their two-phase evaluation is straightforward but requires you to hit profit targets and stay within max drawdown — typically 10% total, with daily and position-specific limits.

Profit splits are 75%–85% depending on account size and performance. You’ll use professional platforms like Lightspeed and Interactive Brokers’ TWS, but expect to pay $99–$399 per month for the evaluation, plus a $150 activation fee if funded.

Funder Trading is best for traders running directional or spread-based options strategies on US equities and ETFs. They allow most multi-leg strategies, but you must be flat overnight on certain products, and weekly position reviews are mandatory.

Expert insight: Funder Trading’s risk team monitors your account in real-time. If you exceed risk, you’ll be locked out of the platform and required to complete a risk review before trading resumes. Most retail traders underestimate the psychological impact of this oversight.

City Traders Imperium: Options for the Risk-Obsessed

City Traders Imperium (CTI) is better known in the forex world, but as of 2026, they’ve added options funding via regulated brokers. Account sizes range from $10,000 to $100,000, and the evaluation process is the most education-heavy of any firm listed here.

You’ll pay a one-time fee ($129–$649) for the evaluation, and there are no recurring monthly costs. CTI places enormous emphasis on risk management, trade journaling, and trader psychology. If you want to “just trade,” look elsewhere — but if you want to build a long-term options trading career, their mentorship and feedback process is genuinely strong.

Profit splits aren’t listed publicly, but historically they’ve been competitive (70–80%) for successful traders. CTI’s rules are strict: maximum daily loss, mandatory stop-loss on every position, and periodic trading reviews.

Expert tip: CTI’s funded traders are expected to participate in regular webinars and submit trading journals for review. If you want true prop firm coaching — not just capital — CTI is a solid choice.

Why Most Prop Firms Still Don’t Offer Options Trading

Prop firms love forex and futures because regulation is lighter, and risk can be managed through position limits and trailing drawdown. Options are a different animal — margining is complex, risk is nonlinear, and a single bad trade can blow up a small account overnight.

Most so-called “prop firms” advertising options in 2026 are running simulated contests or offering “options” on synthetic products (CFDs), not real US-listed options. If you want to trade real options, always verify:

• The platform is a US-regulated broker (e.g., Sterling, Interactive Brokers, Thinkorswim)
• You have access to real option chains, not synthetic tickers
• You can execute spreads, multi-leg strategies, and manage Greeks in real-time
• The firm discloses all platform and data fees upfront

If you don’t see these, you’re almost certainly not trading real options.

Where Does TradersYard Stand in 2026?

TradersYard is not on this list for a reason: as of 2026, TradersYard focuses exclusively on forex, indices, commodities, and crypto — not listed options. Their MT5 platform is superb for spot and CFD trading, with ECN pricing and static drawdown rules (10% max, 5% daily), but they do not offer access to options chains or listed US options markets.

If you’re looking to build your trading capital and skill set with funded forex, indices, or commodities accounts, TradersYard is one of the best in the business — especially with no time limits on their evaluation, and an 80% profit split that can scale to 90%. But for options, stick with one of the firms above.

You can see TradersYard’s pricing and funded account details here or sign up directly here.

Options Prop Firm Comparison Table (2026)

*Estimate based on historical data; CTI does not disclose splits publicly.

Regulatory and Technology Watchouts in 2026

Regulation is making it harder, not easier, for prop firms to offer listed options. US regulators are cracking down on unregistered entities, and clearing requirements for options prop trading are more stringent than ever. If a firm isn’t using a regulated US broker, you’re likely not trading real options.

On the technology side, the best firms offer direct market access (DMA) platforms — Sterling Trader Pro, RealTick, or Interactive Brokers TWS. If a firm only offers MT4, MT5, or web-based simulators, you’re not trading real options.

Pro tip: Always ask for a sample trade confirmation or statement before sending money to a new prop firm. If they can’t show you a real options trade executed on a US-regulated exchange, walk away.