The Best Prop Firm in Australia for 2026
Australian traders use FundedFast to turn the Asian and London sessions into a funded career. Start from a $49 challenge, trade on MatchTrader with no time limits, and keep up to 90% of your profits. No local broker required.
At a glance
- Payment methods
- Bank Transfer (SWIFT)PayPalCrypto (USDT/USDC)
- Payout currencies
- USDEUR
- Popular challenge sizes
- $10K$50K$100K
- Timezone
- AEST / AEDT (UTC+10 / UTC+11)
- Best trading hours
- 16:00–00:00 AEST (London session start)
- Legal status
- Allowed
What to know in Australia
Prop trading evaluations are permitted for Australian residents. FundedFast is a Malta-based prop firm providing educational simulated challenges on demo accounts. We do not hold an Australian Financial Services Licence (AFSL). AFSL requirements apply to financial service providers dealing with retail clients — our educational simulated challenges fall outside that scope.
FundedFast is a prop firm based in Malta. We provide educational simulated trading challenges on demo accounts. We are not a broker and are not regulated by any financial authority.
Taxes on funded trader payouts in Australia
Funded trader payouts are typically assessable income for ATO purposes. Classification (business vs investment) affects deductions and CGT treatment. Report via your individual tax return or business schedule. Consult a registered tax agent familiar with trading income before filing.
General guidance only. Confirm with a local tax advisor before filing.
Top prop firms in Australia for 2026. And how FundedFast compares
The best prop firm in Australia depends on what you actually need. Lower entry, higher profit split, longer evaluation windows, or faster payouts. Below is FundedFast lined up against four firms Australia traders most often evaluate: FTMO, FundingPips, FundedNext and E8 Funding. Every figure comes from each firm's current public terms. Not an affiliate network.
- $49 2-phase entry. Refunded on your first payout
- Up to 90% profit split. 80/20 default, 90% available at checkout
- No time limit. Evaluations run on your schedule, no 30-day pressure
- Accounts from $5K up to $400K on MatchTrader
- Malta-based prop firm. Simulated evaluations, not a broker
| Firm | Min entry | Profit split | Time limit | Phases | |
|---|---|---|---|---|---|
FundedFastOur firm | $49 | Up to 90% | None | 1-Phase or 2-Phase | Start from $49 |
| FTMO | $155 | 80% | 30 / 60 days | 2-Phase only | FundedFast vs FTMO |
| FundingPips | $32 | 80-100% | Varies | 1-Phase and 2-Phase | FundedFast vs FP |
| FundedNext | $32 | 80-95% | Varies by program | 4 program types | FundedFast vs FN |
| E8 Funding | $48 | 80% | Yes | Multiple programs | FundedFast vs E8 |
Competitor terms sourced from each firm's public pricing page. Last reviewed April 18, 2026. Rechecked quarterly.
Why most Australia traders pick FundedFast
Crypto payouts in USDT/USDC clear faster than SWIFT to AU banks. Our $49 2-phase entry is fair on price. And one of the few that refunds the entry fee on your first payout. There's no 30-day countdown telling you when to trade. Evaluations run on your schedule. Evaluations fit the Sydney and Tokyo sessions without the 30-day pressure of 2-phase-only firms. If you're comparing the best prop firms in Australia and want to test our rules without committing serious capital, the $5K 2-Phase challenge is $49 and comes back on your first withdrawal.
Reviewed by the FundedFast Trader Success team · Malta-based prop firm operating since 2023 · Last reviewed April 18, 2026
Frequently asked questions for traders in Australia
Can Australian residents use FundedFast?
Yes. Australian traders can purchase any challenge, trade the evaluation on MatchTrader, and receive payouts once funded. Standard video KYC applies within 7 days of your first payout. Passport or driver's licence works.
How are Australian payouts delivered?
Payouts are issued in USD or EUR via SWIFT bank transfer, PayPal, or cryptocurrency. AUD is not a payout currency. Most Australian traders convert via Wise, their bank, or hold USD in a linked multi-currency account.
How is prop trading income taxed in Australia?
ATO typically treats funded trader payouts as assessable income. Classification as business income vs investment activity affects deductions and CGT. Report on your individual tax return. Consult a registered tax agent for personalised advice.
Does FundedFast hold an AFSL?
No. AFSL licensing applies to entities providing financial services to retail clients. FundedFast provides educational simulated challenges on demo accounts. No real client funds are held or managed, so no AFSL is required for this activity.
Can I trade ASX stocks or the ASX 200?
Partial. The ASX 200 (AUS200) is available as an index CFD via MatchTrader. Individual ASX-listed equities are not offered. You have access to 60+ forex pairs and the major global indices including US500, NAS100, DAX, UK100, and AUS200.
Start your Australia challenge today.
From $49. No time limits. Up to 90% profit share. Fee refunded on your first payout.