Which Futures Prop Firms Let You Trade the DAX & Eurex?

Ask any serious index trader where they want to be when Frankfurt opens, and you’ll hear the same answer: the DAX. It’s fast, it’s clean, it front-runs the US open, and it gives you a whole second session to work. So the question lands in our Discord on repeat — which futures prop firms actually let me trade the DAX and the rest of the Eurex lineup?

Here’s the short version: almost none of them. The vast majority of futures prop firms are wired to CME products only — ES, NQ, CL, GC and the usual American suspects. European index futures never get switched on. But a handful of firms do support Eurex, and one of them stands out as the cleanest option by a mile.

Let’s break down exactly who lets you trade the DAX, Mini-DAX, Micro-DAX and the broader Eurex complex — what platform you’ll need, what it costs, and why a certain household-name firm has been promising this for years and still hasn’t delivered.

The short answer: 3 firms that allow DAX & Eurex futures

Three firms on our radar give you real Eurex access right now:

• Tradeify — the best all-round pick. Full DAX ladder, trader-friendly funded rules.
• Phidias Prop Firm — the European-session specialist with the widest Eurex lineup.
• Apex Trader Funding — a big name that supports Eurex, but with real trade-offs (read the fine print below).

And the firm everyone keeps asking about — Topstep — still doesn’t offer it. More on that in a minute.

If you want the simplest path to trading German index futures with funded money, Tradeify is where we point people first. You get the full DAX ladder — the standard DAX (FDAX), the Mini-DAX (FDXM), and the Micro-DAX (FDXS) — plus Euro Stoxx 50, Euro-Bund and Euro-Bobl, all on the Tradovate platform. That means you can size into the DAX at €25 a point or dial it all the way down to €1 a point on the micro while you learn the contract’s rhythm.

Two things make Tradeify the standout, and neither has anything to do with the instruments: daily payouts and no consistency rule on funded accounts. That combination is rare. The DAX is volatile — you can have a monster day and a quiet day back to back — and a firm that doesn’t punish you for an uneven profit curve, then pays you out fast, is exactly what a European-session trader wants.

One nice detail straight from Tradeify’s help center: Eurex contracts are quoted in euros but settled in USD, so your P&L lands in dollars without you touching an FX conversion.

Phidias — the European-session specialist

Phidias Prop Firm has leaned harder into European markets than anyone else in the space. Its authorized product list is the deepest Eurex lineup we’ve seen at a prop firm: DAX (FDAX), Mini-DAX (FDXM), Micro-DAX (FDXS), Euro Stoxx 50 (FESX), Micro Euro Stoxx (FSXE), STOXX Europe 50 (FSTX), plus the German bund complex — Euro-Bund, Euro-Bobl and Euro-Schatz. If you trade the European index and the rates products around it, this is the most complete menu available.

The catch — and it’s not really a catch — is how you access it. Phidias delivers Eurex through DeepCharts, the browser-based order-flow platform from Volumetrica, running on a dxFeed data backbone. So this is the one firm here where the answer isn’t Tradovate. DeepCharts is a serious footprint/order-flow tool, which suits the way a lot of DAX traders read the tape. If a deep European product set is the whole reason you’re funding an account, Phidias is built for you.

Apex Trader Funding — supported, with trade-offs

Apex Trader Funding is the most recognizable name on this list, and yes, it supports Eurex — but read the details before you assume it’s the move. Apex’s Eurex set runs through Tradovate only, and you have to add the Eurex Level 2 data subscription (around $23/month, set by the exchange and billed through Tradovate, not Apex) to get depth-of-market. That’s a recurring cost on top of your eval and reset fees.

The bigger limitation: on Apex’s published Eurex list, the DAX shows up as the Micro-DAX (FDXS) only — we don’t see the full DAX (FDAX) or Mini-DAX (FDXM) in their European index set, alongside Micro Euro Stoxx and the Euro-Bund / Bobl / Schatz / Buxl rates products. If you specifically want to trade the standard or mini DAX contract, that’s a real gap. Apex is fine if you already trade there and only need micro exposure to the European session — but for DAX-first traders, it’s not the cleanest fit. (Confirm the current set against Apex’s live instrument table before you commit, since they adjust products periodically.)

Why Topstep still doesn’t offer the DAX or Eurex

This is the one that frustrates the community most. Topstep is one of the most established names in futures prop trading — and it remains CME-products-only. No DAX. No Euro Stoxx. No Eurex at all.

What stings is that Topstep floated bringing European index futures to the platform years ago. Three-plus years later, traders are still asking, and it still hasn’t shipped. If your edge is in the European session, “maybe someday” doesn’t fund your account — so for now, Topstep simply isn’t in this conversation, no matter how strong it is on the CME side.

What are DAX & Eurex futures, exactly?

The DAX is Germany’s benchmark stock index — the 40 largest companies on the Frankfurt exchange — and it’s one of the most actively traded index futures in the world. Eurex is the exchange those futures live on (the European counterpart to the CME). When people say they want to “trade the DAX,” they almost always mean one of three Eurex contracts:

• DAX (FDAX) — the full-size contract, around €25 per index point. Big mover, big risk, pro-sized.
• Mini-DAX (FDXM) — roughly €5 per point. The middle ground most funded traders gravitate to.
• Micro-DAX (FDXS) — €1 per point. The learner/risk-managed version, perfect for getting a feel for the contract.

Around those sit the rest of the Eurex complex traders care about — Euro Stoxx 50 (FESX) for broad European equity exposure, and the German bund futures (Euro-Bund, Euro-Bobl, Euro-Schatz) for rates. The draw is simple: the European session gives you clean, liquid movement during hours when the US index futures are often dead, and the DAX frequently sets the tone for the US open. For an index specialist, that’s a second prime-time window every single day.

If your strategy already lives in index futures, it’s worth seeing how these stack up against the American contracts on our best prop firms for stock index futures roundup.

Why most futures prop firms can’t offer Eurex

It comes down to plumbing. Most prop firms route order flow and market data through CME-only connections — a Rithmic feed wired to the American exchanges, and nothing else. Adding Eurex means standing up a separate data and routing path to a foreign exchange, which most firms simply never bother to do. That’s why “which firms allow the DAX” has such a short answer.

The firms that do support it each solved the plumbing differently: Tradeify and Apex through Tradovate’s Eurex routing, and Phidias through DeepCharts on a dxFeed feed. That’s also why the platform you choose matters as much as the firm — if Eurex is the goal, you have to be on a connection that actually reaches Frankfurt.

How to actually get set up to trade the DAX

• Tradeify: pick a Tradeify account, run it on Tradovate, and the DAX ladder (FDAX / FDXM / FDXS) is right there. No extra data subscription called out.
• Phidias: select DeepCharts as your platform at checkout — the full Eurex lineup loads in the browser, no separate install.
• Apex: use the Tradovate platform and add the ~$23/month Eurex Level 2 data subscription through Tradovate to get depth-of-market on the Micro-DAX.

Whichever route you take, stack the DGT discount on top before you pay — current codes live on our futures prop firm discounts page, and you can sanity-check eval cost vs. profit target with the evaluation calculator.

Bottom line: who should you go with?

If you want the cleanest, most flexible way to trade the DAX with funded capital, Tradeify is the pick — full contract ladder, no consistency rule on funded, and daily payouts. If you want the widest European product set and you like order-flow tooling, Phidias is purpose-built for the European session. Apex is a fallback if you’re already there and only need micro DAX exposure, as long as you’re fine with the paid data add-on. And Topstep, for all its strengths, still isn’t an option for European index futures.

For everything else — every firm, every platform, every rule set — start at our full futures prop firms breakdown. And if you trade the European session and want to talk DAX setups with people who actually do it, that conversation lives in our community every day.