OP likes high risk high reward, and he wants 20:1 leverage on stocks with $5000, so it is no more riskier trading futures with $5000. I suggest he open an offshore forex account, with leverage up to 1000:1, and he can trade US equity, europe equity, oil, gold, currency.
Keeping aside Extreme leverage issue, I think what OPs dilemma is US based equity Props don;t seems to take non US residents...( T3 for example) and those outside seems dodgy . Many say they are based in Canada but there is not enough clarity how those are regulated in Canada
https://propex.com.au/trainee-traders is a Singapore and Australia based Prop .. not based on Test fee model... and there are many others at the top end,, BUT TO GET IN YOU NEED to have either experience/ qualifications in finance + math= IT etc It is like getting a job with Ford, GE, Apple, Phillip etc they don't charge you a fee to take a entry test they hunt talent at their own cost https://www.stocktrading.com/ https://www.janestreet.com/ https://www.optiver.com/ap/en/ https://sig.com/ You also may need to be a resident of that country DO more search
by the way when you say "I can demo as long as they need" are you referring to the "Paid Test model" Because if you are then I hope you realize that unless you pass the test within very few attempts the "Test fees" can pile up and ultimately even if you pass the test the amount of funding you get may look like you could have funded yourselves , specially when the instruments they allow you to trade has built in leverage. I am not saying that these "Pay for test" business are illegal or anything but the hamster wheel possibility is something many people don;t think through !
No,I don't want to take any fee based demo or test. I am trying to get funded because my trading result is good. I can offer 50% monthly profit and split 50:50 on anything above that with funder. I can do this at 20% drawdown. I can do free demo as long as funder needs.
what? 50 % monthly returns.. or I am reading incorrectly . if that is what you claim why you need funding ?