# Deel for prop firms

> Global contractor and employee payroll platform, historically used by many prop firms for trader payouts. Published pricing (checked 12 Oct 2026): Hire contractors, $49 per contractor per month; Contractor of Record, $325 per contractor of record per month; EOR, $599 per EOR employee per month. In the PipValley Index (529 prop firm sites crawled on 12 Oct 2026), 3 show Deel.

- Source: https://pipvalley.com/tech/deel
- Publisher: PipValley - web design studio for prop trading firms
- Updated: 2026-10-12
- Disclosure: PropSuite is PipValley’s technology partner; it is labelled wherever it appears. Facts are from vendor pages and named press, checked 12 Oct 2026.

## Company

- **Website**: www.deel.com 

## Markets, platforms, model

- Markets: not published
- Platforms: not published
- Delivery model: SaaS

## Pricing (as published, checked 12 Oct 2026)

- **Hire contractors**: $49 per contractor per month - "$49 per contractor per month" [1]
- **Contractor of Record**: $325 per contractor of record per month - "$325 per contractor of record per month" [1]
- **EOR**: $599 per EOR employee per month - "$599 per EOR employee per month" [1]

## Launch and operations

- **Launch time**: Not published 
- **Payments**: Not published 
- **KYC**: Not published 
- **Payouts**: They say contractor payments in 120+ currencies. [1]
- **Risk and capital**: Deel told Finance Magnates it would immediately freeze a prop firm's activity if the CFTC says it is problematic. [2]

## They say

- They say 40,000+ customers and $20B+ processed global payroll. [1]

## Who uses it (PipValley Index)

Deel: 3 of 529 (of 529 prop firm sites crawled 12 Oct 2026; firms whose pages show the vendor, not customers).

## Timeline

- 2023-09: After CFTC action against My Forex Funds, Deel suspended payouts to several prop firms; CFTC said Deel handled over $72M of MFF payouts. [2]

## Who it suits

- Founders who want a price before the first call: Deel publishes 3 price lines: Hire contractors, $49 per contractor per month.

## Who it does not suit

## Websites

No marketing-site product found; sells payments/compliance infrastructure only. [1] PipValley designs and builds prop firm websites wired to Deel: [plan your launch](https://pipvalley.com/contact?src=tech-deel).

## Questions

### What is Deel?

Global contractor and employee payroll platform, historically used by many prop firms for trader payouts.

### How much does Deel cost?

As published (www.deel.com, checked 12 Oct 2026): Hire contractors: $49 per contractor per month; Contractor of Record: $325 per contractor of record per month; EOR: $599 per EOR employee per month. Confirm current terms with Deel.

### What does Deel say about prop trading or restricted businesses?

Deel told Finance Magnates it would immediately freeze a prop firm's activity if the CFTC says it is problematic.

### What does Deel claim?

They say 40,000+ customers and $20B+ processed global payroll. These are its own statements.

### How do payouts work on Deel?

They say contractor payments in 120+ currencies.

### Which prop firms use Deel?

In the PipValley Index (529 prop firm sites crawled on 12 Oct 2026), 3 show Deel. The Index counts firms whose public pages show the vendor; it is a lower bound on visibility, not Deel’s customer list, and we don’t name individual firms here.

### Does Deel build prop firm websites?

No. No marketing-site product found; sells payments/compliance infrastructure only. PipValley designs and builds prop firm websites that connect to it.

### What are the alternatives to Deel?

The closest vendors in our dataset are Rise. Each has its own page with sourced facts.

## Sources

1. [Deel: Pricing](https://www.deel.com/pricing/) - vendor, checked 2026-10-12
2. [Finance Magnates: HR startup stops payouts to prop trading firms (13 Sep 2023)](https://www.financemagnates.com/forex/my-forex-funds-fallout-hr-startup-stops-payouts-to-prop-trading-firms/) - press, checked 2026-10-12
3. PipValley Index crawl, 12 Oct 2026 (https://pipvalley.com/tech#methodology) - index, checked 2026-10-12