Top Prop Firms That Accept Clients From Argentina
This guide is for traders in Argentina who want to avoid prop firms that restrict their country during registration, KYC, or payouts. By focusing only on firms that accept clients from Argentina, you can shortlist providers where traders from Argentina are more likely to open accounts, verify successfully, and withdraw profits without eligibility issues.
Czech Republic
MT4
MT5
cTrader
DXtrade
United Kingdom
MT5
cTrader
DXtrade
ISRAEL
MT5
cTrader
Match-Trader
United Arab Emirates
MT4
MT5
cTrader
Match-Trader
United Arab Emirates
MT5
cTrader
Match-Trader
Hong Kong
MT4
MT5
cTrader
Match-Trader
DXtrade
United States
MT5
cTrader
Match-Trader
Saint Lucia
MT5
cTrader
Match-Trader
DXtrade
Platform5
Malta
Match-Trader
Malaysia
MT4
MT5
DXtrade
ISRAEL
Traderevolution
United States
MT5
cTrader
Match-Trader
Slovakia
Rf-Trader
United States
Rithmic
NinjaTrader
Seychelles
MT4
MT5
South Africa
MT5
cTrader
United States
Match-Trader
DXtrade
Singapore
cTrader
United Arab Emirates
DXtrade
Ireland
MT4
MT5
Quadcode
Cyprus
MT5
cTrader
United Kingdom
MT5
St. Vincent and the Grenadines
MT4
DXtrade
United Arab Emirates
MT5
cTrader
DXtrade
Switzerland
MT5
Match-Trader
Bybit
United Arab Emirates
MT4
MT5
cTrader
United Kingdom
MT5
Saint Lucia
MT5
cTrader
Match-Trader
DXtrade
Malta
MT5
cTrader
Saint Lucia
MT5
cTrader
Match-Trader
Volumetrica
United Kingdom
MT4
MT5
cTrader
DXtrade
United Arab Emirates
MT5
cTrader
Match-Trader
United Kingdom
cTrader
South Africa
MT5
Match-Trader Trading prop-firm challenges as a resident of Argentina
Argentina is one of Latin America’s most active markets for online trading, and proprietary trading evaluations have a visible following among Argentine retail traders, particularly younger ones comfortable with crypto and US-dollar pricing. The firms in the comparison above all indicate that they accept clients resident in Argentina, which generally means a person with an Argentine address can register, pay the evaluation fee, attempt the challenge on a simulated account, and — on passing — receive a funded account and profit split under the firm’s own contract terms.
It is important to be clear about what that acceptance is and is not. A prop firm here is selling you an evaluation service, not a regulated brokerage account. There is no Argentine prop-firm regulator. The Comisión Nacional de Valores (CNV) supervises securities markets, public offerings and locally registered brokers — it does not authorise or oversee foreign prop-firm challenges, and you should not expect any local investor-compensation scheme, client-money segregation, or CNV protection on a funded-account relationship. The firm’s published rules, its payout history and its track record are your main safeguards, so weigh those at least as heavily as the headline funding size or profit split.
Paying the fee and getting paid in a peso economy
The biggest practical reality for an Argentine trader is that almost every prop firm prices its challenges in US dollars, while you most likely earn and spend in Argentine pesos (ARS). That single fact shapes most of the decisions below, because Argentina has lived with high inflation and a steadily depreciating peso for years, and the gap between the official exchange rate and parallel rates has historically been wide.
- A USD-denominated fee can feel materially more expensive once converted from pesos, and the effective cost can move noticeably between the day you decide to buy and the day you actually pay.
- Paying with an Argentine peso card for a foreign-currency, USD-priced service has at various points attracted additional surcharges and perception taxes on dollar purchases — the specifics have changed repeatedly over the years, so check the current rules and your card issuer’s fees before assuming the sticker price is what you’ll be billed.
- Because of this, many Argentine traders prefer to fund and withdraw in dollars or stablecoins where the firm allows it, sidestepping repeated peso conversions on both the fee and the payout.
Payment rails that actually work from Argentina
Most internationally focused prop firms support a mix of methods, and the realistic options for someone in Argentina are:
- Cards (Visa/Mastercard) — widely accepted for the challenge fee, but watch for foreign-currency surcharges and any applicable dollar-purchase taxes, plus your bank’s own FX spread.
- Crypto and stablecoins — Argentina has unusually high real-world adoption of USDT and other stablecoins precisely because they hold value against the peso. Paying a fee or receiving a payout in stablecoin avoids the peso entirely and is often the smoothest route, provided the firm offers it.
- Bank transfer / international transfer — possible but generally the slowest and most paperwork-heavy option, and historically constrained by FX controls (the so-called cepo cambiario), so it is rarely the first choice for cross-border prop payments.
- E-wallets and local rails — locally, tools like Mercado Pago dominate everyday payments, but international prop firms usually settle through global processors and crypto rather than domestic wallets, so don’t assume a purely local wallet will work for the fee.
When you receive a payout, the same logic runs in reverse: a stablecoin or USD payout keeps its value, while converting straight to pesos exposes you to inflation and the spread again. Many Argentine funded traders hold payouts in dollars or USDT and convert only what they need to spend.
How prop-firm payout income is generally taxed in Argentina
This is general information, not tax advice — Argentine tax rules are complex and change often, so confirm your own position with a local contador (accountant) or the tax authority. As a starting framework, a prop-firm profit split is a contractual payment for a service you perform, not the proceeds of selling an asset. That means it usually looks more like self-employment or other ordinary income than a capital gain.
- Income earned from a funded-account profit split would typically fall under income tax (Impuesto a las Ganancias) as personal or self-employed income rather than under a capital-gains-style treatment.
- If you receive recurring payouts, you may need to consider whether you should be registered (for example under the monotributo simplified regime or as a self-employed taxpayer) depending on the amounts involved — a local accountant can tell you which threshold applies to you.
- Payouts received in dollars or stablecoins still generally need to be declared; receiving in crypto does not remove a reporting obligation, and you should keep clear records of fees paid and payouts received for each evaluation.
Because the peso’s value shifts so much, keeping records in the currency you were actually paid (USD or stablecoin) alongside the peso equivalent at the time helps you and your accountant report consistently.
What to check before you commit from Argentina
Beyond the comparison table, the things that matter most for an Argentine trader are practical, not promotional:
- Confirm the firm explicitly accepts Argentine residents at sign-up and at the payout stage — acceptance for the challenge does not always equal frictionless withdrawals.
- Check which payout methods are available to your country specifically, and prioritise firms that support crypto/stablecoin or USD payouts if you want to avoid peso conversion losses.
- Read the drawdown, consistency and minimum-trading-day rules in full — these, not the marketing, decide whether you keep your funded account.
- Look for a visible, independently verifiable payout track record, since that is the real substitute for the regulatory protection that does not exist in this space.
Frequently asked questions
Are prop firms legal for residents of Argentina?
Buying a prop-firm evaluation is generally not prohibited for Argentine residents, and the firms in the list above accept clients here. However, there is no Argentine regulator that authorises or supervises prop-firm challenges, and no local compensation scheme covers a funded account — your protection comes from the firm’s contract, rules transparency and payout history, so choose accordingly.
How do I pay the challenge fee from Argentina without losing money on conversion?
Fees are almost always priced in US dollars. Paying by Argentine peso card can add FX spreads and dollar-purchase surcharges, so many local traders use crypto or stablecoins (such as USDT) where the firm supports it, which avoids repeated peso conversion on both the fee and any future payout.
Can I receive payouts in dollars or USDT instead of pesos?
Many internationally focused firms offer crypto or USD payouts, which is popular in Argentina precisely because it preserves value against the peso and sidesteps FX controls. Confirm the available payout methods for Argentina before you buy, since the options can differ by country even when the challenge itself is accepted.
Do I have to pay tax on prop-firm payouts in Argentina?
Generally yes. A profit split is a contractual payment for your trading service, so it is usually treated as ordinary or self-employment income under income tax rather than as a capital gain, and receiving it in crypto does not remove the reporting duty. Confirm your exact situation and whether you need to register with a local accountant or the tax authority.
FTMO vs Alpha Capital - Comparison of Top Firms in This Guide
FTMO vs Alpha Capital - Prop Firm Comparison (June 2026)
Head-to-head comparison of FTMO and Alpha Capital. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed June 2026.
Bottom Line: FTMO vs Alpha Capital
FTMO comes out ahead overall, leading in 6 of 8 compared categories.
Where FTMO leads
- Trustpilot Rating (4.8 vs 4.7)
- Profit Split Max (90% vs 80%)
- Payout Processing Time (1 vs 2)
- Trustpilot Reviews (44,128 vs 20,156)
- Assets (5 vs 4)
- Payment Methods (5 vs 4)
Where Alpha Capital leads
- Max Daily Loss (10% vs 5%)
- Payout Methods (5 vs 4)
Choose FTMO for Trustpilot Rating. Choose Alpha Capital for Max Daily Loss.
Frequently Asked Questions
Is FTMO or Alpha Capital better?
Which has a better Trustpilot Rating, FTMO or Alpha Capital?
Which has a better Profit Split Max, FTMO or Alpha Capital?
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FTMO
FTMO is a Prague-based prop trading evaluation company founded in 2015 that uses a two-step challenge (FTMO Challenge + Verification) with unlimited time, strict 5% max daily loss and 10% max loss limits, and Normal or Swing funded account types....
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Alpha Capital
Alpha Capital Group (Alpha Capital) is a UK-based CFD prop firm (founded 2021) that provides simulated-funded "Qualified Analyst" accounts via ACG Markets and lets traders choose between a 1-step (Alpha One), multiple 2-step options (Alpha Pro 6% / 8% /...
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| Overview | ||
| Trustpilot Rating | 4.8 | 4.7 |
| Trustpilot Reviews | 44,128 | 20,156 |
| Headquarters | Czech Republic | United Kingdom |
| Age (Years) | 11 | 5 |
| Max Funding | $400,000 | $400,000 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 90% | 80% |
| Platforms | MT4 MT5 cTrader DXtrade | MT5 cTrader DXtrade TradeLocker |
| Assets | FX Indices Commodities Stocks Crypto | FX Metals Indices Oil (Energy) |
| Leverage | ||
| FX Leverage | 100 | 100 |
| Metals Leverage | 30 | 30 |
| Crypto Leverage | 3.3 | 0 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | Maximum Daily LossFTMO applies a 5% Maximum Daily Loss. It is calculated from the account’s balance at midnight CE(S)T (platform time) each day and includes the running total of the day’s closed trades + floating P/L, including commissions and swaps. If the daily limit is exceeded at any time, the account fails. | Maximum Daily LossAlpha Capital Group enforces a plan-specific daily drawdown limit that is measured from defined daily reference points (based on balance or equity, depending on the plan). The daily loss limit is evaluated against the current equity value, and breaches are treated as a hard breach (trades are closed automatically).Alpha Pro 10%: 5% balance-based daily drawdown.Alpha Pro 8%: 4% balance-based daily drawdown.Alpha Pro 6%: 3% daily drawdown calculated over the higher of end-of-day balance or equity.Alpha Swing: 5% balance-based... |
| Max Total Loss | Maximum LossFTMO applies a 10% Maximum Loss (overall loss limit). This is a static cap measured against the account’s starting balance, and it is evaluated on equity (closed + floating results, including trading costs). Breaching it at any time results in account failure. | Maximum Overall LossMaximum total loss is defined by the plan’s maximum drawdown model and is set as a percentage of the initial starting balance. If balance or equity drops below the maximum drawdown threshold, the account is breached and trades are closed automatically.Alpha Pro: static max drawdown of 10% (Pro10) / 8% (Pro8) / 6% (Pro6).Alpha Swing: 10% static max drawdown.Alpha Three: 6% static max drawdown.Alpha One: 6% trailing max drawdown based on the high-water mark (maximum balance achieved). |
| Drawdown Type | Drawdown ModelFTMO uses static loss limits: a daily loss limit that resets at midnight (platform time) and an overall loss limit based on the starting balance. Both limits include floating P/L and trading costs (commissions/swaps), so equity protection matters as much as closed P/L. | Drawdown ModelAlpha Capital Group uses both static and trailing drawdown models depending on the plan:Static max drawdown: Used on Alpha Pro (6% / 8% / 10%), Alpha Swing (10%) and Alpha Three (6%). The maximum-loss line is fixed from the initial starting balance and does not move up as the account grows.Trailing max drawdown (high-water mark): Used on Alpha One (6%). As new balance highs are made, the trailing drawdown line moves up; once the account reaches a high-water mark... |
| Payouts | ||
| Payout Frequency | Payout FrequencyFTMO rewards are processed on request. Once you have access to the FTMO Account, you can request your reward after a minimum of 14 calendar days from your first day of trading on the FTMO Account (biweekly request cadence).Minimum profit thresholds apply to cover transaction costs (e.g., $20 minimum for bank transfer, $50 minimum for crypto withdrawals). | Payout FrequencyAlpha Capital offers two payout schedules for qualified accounts, depending on the payout type selected at checkout:Bi-Weekly: performance-fee requests are available every 14 days (starting 14 days after the initial trade on the qualified account). The first request requires a minimum of 5 trading days using the same trading strategy, and the minimum withdrawal is $100 gross profits.On-Demand: traders can request a payout at any time once they have at least 2% gross profit in the account and meet... |
| Days to First Payout | 14 | 14 |
| Payout Processing Time | Payout ProcessingReward requests go through a review step (typically 1–2 business days). After approval, payments are usually processed within an additional 1–2 business days, depending on the chosen payout method and banking/processor timelines. | Payout ProcessingPerformance-fee requests are submitted via the Alpha Capital dashboard and are processed and paid within about 2 business days once approved. Traders must close all trades before requesting, and the account remains locked while the balance is reset.Scaling requests (where applicable) are handled separately and are typically completed within 24–48 business hours. |
| Payout Methods | Bank Transfer Cryptocurrency Skrill Neteller | Bank Transfer (WIRE/ACH/SWIFT) Wise Rise (Riseworks) |
| Payments | ||
| Payment Methods | Credit/Debit Card Bank Transfer Cryptocurrency Skrill | Credit/Debit Card Crypto PayPal |
| Trading Permissions | ||
| News Trading | Evaluation (FTMO Challenge + Verification): news trading is allowed freely during all releases.FTMO Account (Normal): for specified high-impact announcements and targeted instruments, you must not open or close trades (including SL/TP triggers) in the 2 minutes before to 2 minutes after the release.FTMO Account Swing: news trading restrictions do not apply. | News trading is permitted, but Alpha Capital applies plan-specific rules around certain high-impact announcements on Qualified Analyst accounts.Alpha Pro 8%/10% Qualified: no executing trades (opening or closing, including pending orders, stop-loss or take-profit fills) on targeted instruments within 2 minutes before and 2 minutes after the specified news releases.Alpha Pro 6% / Alpha One / Alpha Three Qualified: the same restriction applies within 5 minutes before and 5 minutes after the specified releases.Alpha Swing: trading during major news is allowed;... |
| Weekend Trades | Evaluation (FTMO Challenge + Verification): holding trades over the weekend is allowed.FTMO Account (Normal): positions must be closed before the weekend market close (or if the market break/rollover is longer than 2 hours). Some cryptocurrencies may be tradable during specific weekend hours.FTMO Account Swing: no restrictions on holding positions over the weekend. | Weekend holding rules depend on the plan and stage.Alpha Pro: holding trades over the weekend is allowed during the Evaluation phase, but is not allowed on the Qualified Analyst account stage (treated as a soft breach with profits removed).Alpha Swing / Alpha One / Alpha Three: weekend holding is allowed during both the Evaluation phase and on the Qualified Analyst account stage.Swap/rollover charges still apply when positions are held over weekends. |
| Copy Trading | Trade copying tools can be used as long as your trading remains compliant with FTMO’s rules. FTMO’s services are for personal use only: you must not allow any third party to access or trade your accounts, and coordinated/manipulative trade patterns between connected accounts (e.g., opposite positions across accounts for manipulation) are forbidden. | Copy trading is allowed but tightly controlled. Alpha Capital permits copy trading only where the trader can provide proof of ownership of the master account (e.g., account number/investor password/server) when requested. Copy trading between two Alpha Capital accounts can also be permitted with both account numbers disclosed.Copy trading is currently supported on MT5 only; copying trades on or from cTrader, DXTrade or TradeLocker is not possible. Only one master account can be connected at a time, and copying other traders or group trading arrangements is prohibited. |
| EA Allowed | EAs are allowed as long as the strategy is legitimate, replicable in real markets, and does not fall into forbidden practices. Note that automated trading that overloads servers (e.g., excessive server requests) is prohibited, and widely used third-party EAs may risk breaching maximum capital allocation constraints if multiple users run the same strategy. | Expert Advisors (EAs) are permitted on MT5 accounts, provided they comply with Alpha Capital’s rules. Traders must enable the EA feature at checkout and contact support for approval; Alpha Capital may request the EA's EX5 file and MQ5 market link for review.EAs are not supported on TradeLocker, DXTrade or cTrader accounts. Automated strategies that attempt to exploit unrealistic fills or use high-frequency/latency-style execution are prohibited. |
| KYC & Restrictions | ||
| KYC Required | No | No |
| KYC Stage | FTMO requires identity verification before becoming an FTMO Trader and signing the FTMO Account Agreement. For individuals, this is KYC and typically requires a government-issued ID and proof of address. Businesses may require KYB documentation. Once the verification is complete, the FTMO Account Agreement is unlocked for signing in the Client Area. | Alpha Capital requires identity verification (KYC) after passing an assessment and before issuing Qualified Analyst account credentials. Traders complete KYC via a third-party provider (Veriff) and must also provide the necessary withdrawal/payment details; qualified credentials are typically issued within a maximum of 2 working days after completing KYC.Payment details may be cross-checked against the verified identity, and third-party payments are not accepted. |
| Restricted Countries | Afghanistan Albania Algeria American Samoa Barbados Belarus Burkina Faso Burundi Cambodia Central African Republic Cuba Democratic Republic of the Congo Eritrea Guam Guinea Guinea-Bissau Haiti Hong Kong Iran Iraq Kazakhstan Kosovo Libya Mali Morocco Myanmar Nicaragua North Korea Pakistan Palestine Panama Puerto Rico Russia Samoa Sierra Leone Somalia South Sudan Sudan Syria Tunisia Uganda Ukraine (Crimea Donetsk Luhansk) United Arab Emirates United States Minor Outlying Islands Venezuela Virgin Islands (US) Yemen Zimbabwe | Afghanistan Belarus Burundi Central African Republic Chad Cuba Democratic Republic of the Congo Eritrea Iran Iraq Libya Myanmar (Burma) North Korea Regions of Ukraine: Crimea Donetsk and Luhansk Republic of the Congo (Congo Brazzaville) Russia Somalia South Sudan Sudan Syria Venezuela Vietnam Yemen |
FTMO
Alpha Capital
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