Latest firm updates

Cheapest Prop Firm Challenges

18 firms · Updated July 2026

The table below ranks every prop firm we track by the real cost of its cheapest evaluation — the fee you actually pay after live discount codes are applied, not the sticker price. Entry cost matters more in prop trading than in most purchases because a challenge fee is rarely paid once: most traders fail their first evaluation, so the true cost of getting funded is usually two or three attempts plus the occasional reset. A firm that charges $50 to start is a very different bet from one charging $500, even when the account sizes look similar on paper.

Cheap is not automatically good, though. Rock-bottom fees are sometimes paired with tighter drawdown rules, stricter consistency requirements or slower payouts, which is why this ranking sits inside the full comparison table rather than a bare price list. Use it to shortlist two or three firms inside your budget, then open each review and check the terms that decide whether you keep the account: daily loss, maximum drawdown and payout conditions.

Every firm, compared

Firm
Country
Active
Assets
Platforms
Max Allocation
Quick Buy
Action
90% Off
PFT
Copy Icon

copy

🇺🇸US
United States
6 years
Futures
Rithmic Icon
Rithmic
Tradovate Icon
Tradovate
NinjaTrader Icon
NinjaTrader
WealthCharts Icon
WealthCharts
TradingView Icon
TradingView
$1M+
33% Off
PFT
Copy Icon

copy

🇬🇧GB
United Kingdom
4 years
FX
Metals
Indices
Crypto
Stocks
MT4 Icon
MT4
MT5 Icon
MT5
DXTrade Icon
DXTrade
TradingView Icon
TradingView
$845K
35% Off
PFT
Copy Icon

copy

🇦🇪AE
United Arab Emirates
5 years
FX
Metals
Crypto
Indices
Other Commodities
TradeLocker Icon
TradeLocker
Match Trader Icon
Match Trader
MT5 Icon
MT5
$1M+
5% Off
🇮🇱IL
Israel
11 years
Crypto
FX
Indices
Metals
Other Commodities
Energy
MT5 Icon
MT5
$400K
30% Off
PFT30
Copy Icon

copy

🇻🇨VC
Saint Vincent and the Grenadines
2 years
Crypto
Metals
FX
Indices
Other Commodities
TradeLocker Icon
TradeLocker
MT4 Icon
MT4
MT5 Icon
MT5
DXTrade Icon
DXTrade
$400K
20% Off
PFT
Copy Icon

copy

🇦🇪AE
United Arab Emirates
4 years
Crypto
Energy
FX
Indices
Metals
cTrader Icon
cTrader
MT5 Icon
MT5
Match Trader Icon
Match Trader
$300K
🇦🇪AE
United Arab Emirates
5 years
Crypto
Energy
FX
Indices
Metals
Other Commodities
cTrader Icon
cTrader
MT4 Icon
MT4
MT5 Icon
MT5
Match Trader Icon
Match Trader
$300K
25% Off
PFT3
Copy Icon

copy

🇬🇧GB
United Kingdom
5 years
FX
Metals
Indices
Other Commodities
cTrader Icon
cTrader
DXTrade Icon
DXTrade
MT5 Icon
MT5
TradeLocker Icon
TradeLocker
$400K
2% Off
PFT
Copy Icon

copy

🇻🇬VG
British Virgin Islands
3 years
Crypto
Breakout Terminal Icon
Breakout Terminal
$200K
20% Off
PFT
Copy Icon

copy

🇦🇪AE
United Arab Emirates
4 years
Crypto
FX
Indices
Metals
Other Commodities
cTrader Icon
cTrader
DXTrade Icon
DXTrade
MT5 Icon
MT5
400K
40% Off
PFT
Copy Icon

copy

🇦🇪AE
United Arab Emirates
2 years
Futures
ProjectX Icon
ProjectX
$400K
35% Off
PFT
Copy Icon

copy

🇦🇪AE
United Arab Emirates
4 years
Futures
NinjaTrader Icon
NinjaTrader
Tradovate Icon
Tradovate
$400K
10.03% Off
PFT
Copy Icon

copy

🇲🇹MT
Malta
4 years
FX
Indices
Metals
Other Commodities
Crypto
Stocks
TradeLocker Icon
TradeLocker
cTrader Icon
cTrader
MT5 Icon
MT5
$200K
35% Off
PFT
Copy Icon

copy

🇺🇸US
United States
5 years
Stocks
FX
Metals
Energy
Crypto
NinjaTrader Icon
NinjaTrader
Tradovate Icon
Tradovate
TradingView Icon
TradingView
WealthCharts Icon
WealthCharts
$750K
35% Off
PFT
Copy Icon

copy

🇺🇸US
United States
1 year
Futures
NinjaTrader Icon
NinjaTrader
Tradovate Icon
Tradovate
TradingView Icon
TradingView
Quantower Icon
Quantower
Rithmic Icon
Rithmic
$1M+
15% Off
PFT
Copy Icon

copy

🇬🇧GB
United Kingdom
2 years
Futures
AlphaTicks Icon
AlphaTicks
NinjaTrader Icon
NinjaTrader
TradingView Icon
TradingView
Quantower Icon
Quantower
Tradovate Icon
Tradovate
$450K
🇨🇿CZ
Czech Republic
12 years
FX
Metals
Crypto
Energy
Indices
Stocks
cTrader Icon
cTrader
MT4 Icon
MT4
MT5 Icon
MT5
400K
40% Off
PFT
Copy Icon

copy

🇺🇸US
United States
5 years
Futures
Quantower Icon
Quantower
NinjaTrader Icon
NinjaTrader
TradingView Icon
TradingView
Tradovate Icon
Tradovate
$750K

Want different filters? Build your own comparison from every firm we track.

How we rank

Firms are ordered by the lowest challenge fee we list for them after live discounts, cheapest first. The order is recomputed from the pricing and terms in our database whenever a firm's data changes — no firm can pay for its position on this page. Read more about where our data comes from in our research methodology.

Cheapest Prop Firm Challenges: FAQs

How do you rank the cheapest prop firms?

We take every visible challenge a firm lists with us, apply its current discount to the list price, and rank firms by the lowest resulting fee. Nothing in the order is paid placement — it is recomputed from listed pricing whenever a firm's data changes.

Do the prices include discount codes?

Yes. The fee used for ranking is the final price after the discount codes we track, not the sticker price. Codes change without notice, so always confirm the reduced price is showing in the firm's checkout before you pay.

Why shouldn't I just pick the cheapest firm?

Because the fee is only one side of the cost. A cheap challenge with tight drawdown or strict consistency rules can end up more expensive than a pricier one you actually pass. Check each firm's rules on its review page before you buy, not just its price.

Are free or near-free prop firm challenges real?

Very cheap entries are usually promotional trials, competitions or heavily restricted accounts rather than a standard funded path. Read what the fee actually buys — target, drawdown and payout eligibility — before treating a low price as a bargain.

Affiliate disclosure: Some links on this page are affiliate links and we may earn a commission if you buy a challenge. That never changes how this page is ordered — the ranking is computed from listed pricing and terms alone. Read our research methodology.

7 Figure Giveaway Banner