Cheapest Prop Firms in 2026, Ranked by Price

Every row shows the current price listed on the firm's own account plans page for a $5K account, checked against its live FundedTrading review. Sorted low to high. Apply the FundedTrading code for each firm at checkout for further savings.

Blueberry Funded's Prime 2-Step lists at $55 on its own site, discounted to $39 by a built-in "30% off" promotion on that specific plan. FundedTrading's own FT40 code (40% off any plan) is separate and may apply for further savings via the FundedTrading link. Instant Funding's row is its Two-Phase evaluation, not its no-evaluation flagship product, which runs $239 for $5K. See that firm's section for why.

The real cost of getting funded is the challenge fee multiplied by the number of attempts you need, not the sticker price alone. Most traders need 2–3 tries before they pass or quit. See the section below for why. A trader who needs three attempts at a $200 challenge has spent $600 and is no better off than one who paid $80 once and passed.

What the numbers actually say

At 3 attempts, close to the industry median for traders who eventually pass, here is what the listed price on the cheapest firms costs in practice, before any code is applied:

Apply your discount code, then run the calculator above with the actual number you would pay at checkout. The refund mechanism matters almost as much as the entry fee. FundingPips' 2 Step Pro has the lowest listed price of this group, but it is one of the two current models that does not refund the registration fee at all.

A 2026 dataset of over 300,000 prop trading accounts, analyzed by FPFX Tech, found that only 7% of funded accounts ever received a payout. Evaluation pass rates sit between 5% and 10% per attempt across the industry. The three most common failure reasons are:

• Maximum drawdown breach (responsible for roughly 70% of failures): traders size positions as if they have the full account balance as risk capital, ignoring that a $5K account with 8% max drawdown has only $400 of actual loss buffer.
• Consistency rule violations: many firms require that no single trading day account for more than 20–50% of total profit. Sure Leverage Funding's standard Instant account caps it at 25%. Maven's Instant and Mini accounts cap it at 20%.
• Rule misreads in the funded stage: traders who pass the challenge encounter different conditions once funded, including different drawdown mechanics, consistency scores, or discretionary risk limits written into the contract but easy to miss on the pricing page.

At these odds, cheap challenges are not a consolation prize. Running 5 separate $17 Maven evaluations costs $85 total. One $540 challenge at a premium firm costs more than 31 attempts at that price.

A low headline fee does not always stay low. Several cost structures can push a nominally cheap firm past the price of a more expensive one:

Trailing drawdown (the biggest one)

A trailing drawdown follows your equity upward as you profit. Start a $5K account with 5% trailing drawdown, make $500 profit, and your drawdown floor rises from $4,750 to $5,225. You now have $275 of buffer instead of $250, not $750. Static drawdown does not move this way. Maven's 2-Step and 3-Step, Sure Leverage Funding's standard Instant account, Goat's challenge-based models, FundedNext's Stellar lineup, Blueberry Funded's Prime, 1-Step, and 2-Step models, and every FundYourFX account, instant included, all use static drawdown. Check this on the specific model you are buying, not just the firm name. FXIFY's Three Phase and The5ers' High Stakes both use trailing drawdown.

Payout caps and concentration rules

Maven Trading's own terms cap withdrawals at $10,000 per 30-day rolling cycle across all accounts combined, with profit above that voided, not carried forward. Sure Leverage Funding caps every account type at 5% of starting balance per payout cycle. For traders scaling into larger accounts, these caps create a practical ceiling that firms like FundedNext, scaling to $4M with no comparable cap, do not impose in the same way.

Read the price you are shown, not the price you assume

Blueberry Funded's own site shows this clearly: Prime 2-Step lists at $55, with a line through it, next to a current price of $39 tied to a plan-specific "30% off" promotion. FundedTrading's own exclusive code, FT40, is a separate 40%-off offer that applies through the FundedTrading link. Two different discounts can sit on the same page without being the same discount. Confirm the final total at checkout with your intended code applied.

Product lineups change faster than review pages get updated

Goat Funded Trader added a 100%-refundable, one-time-fee model since this list last ran. FundedNext quietly added a $5K account after a period of $6K-minimum pricing. FundingPips retired its old "1 Step" product and rebuilt around five new models. FundYourFX's instant accounts use static drawdown across the board, not trailing. None of these changes are hidden, but they are the kind of thing a comparison page can get wrong simply by not re-checking often enough.

IP-region and KYC requirements

Maven's FAQ states that your IP address must stay within the same geographic region for the full challenge and funded stage. If it changes, Maven asks for proof, and the FAQ specifically mentions plane tickets or live location verification as acceptable.

Maven Trading has the lowest listed price of any firm on this page. A $5K challenge is $17 on the 3-Step model, and a $2K account is $13, the lowest single price point of any account size on this list. Maven's own site states this pricing already includes its current discount code, MVN, so what you see is what you would pay.

Maven has expanded past its original three-tier evaluation lineup. Two newer products are worth knowing even though they do not change this ranking: the OMO 2-Step, which flips the usual phase structure so Phase 2 has the harder target, and Buy Now Pay Later, which costs just $5 upfront and defers the rest of the fee until after you pass.

The 2-Step (8% static drawdown) and 3-Step (3% static drawdown) use static drawdown with no minimum trading days on the 3-Step and 1-Step. The 1-Step and Instant models use trailing drawdown instead. All figures are pulled directly from Maven's own Terms & Conditions and FAQ.

Best for: Beginners who want the lowest listed price and can operate within the $10K monthly payout cap.

Sure Leverage Funding's 3-Step $5K challenge lists at $25, and code FT35 gives 35% off at checkout. It earns its place on rules as much as price: the standard Instant Funding account uses a true 8% static drawdown, fixed to your starting balance and never trailing your profits.

SLF runs ten account types, including Instant Funding Zero, which removes the profit consistency rule entirely, and a Free Challenge with a $1–$5 activation fee. Payouts carry a 24-business-hour guarantee with a 10% split bonus if SLF misses the window.

Best for: Traders who want static-drawdown instant funding at a low listed price and are disciplined enough to follow a detailed rulebook.

FundingPips rebuilt its entire model lineup in 2026. The old "1 Step" product is gone, replaced by 1 Step Flex. A new 2 Step Flex model sits alongside the renamed 2 Step Standard and the existing 2 Step Pro and Zero. The cheapest current entry is 2 Step Pro, listed at $29 for a $5K account, cheaper than the roughly $36 this page previously estimated. Code FTR gives 20% off at checkout.

2 Step Pro does not refund its registration fee, unlike 1 Step Flex and 2 Step Standard, which refund on the fourth reward. FundingPips Zero remains instant-funded but carries the tightest rule stack in the lineup: a 5% trailing drawdown, a 15% consistency score, and a requirement of 7 profitable days in every 30.

FundedNext does have a $5K account, contrary to what this page used to say. Stellar Lite lists at $32.99 for a $5K account, refunded on the third payout, and code FT5 gives 5% off at checkout. The Stellar 2-Step and Stellar 1-Step models have a $6K minimum, but Stellar Lite fills the $5K gap.

FundedNext's own homepage currently states an average processing time of roughly 40 hours, not the 5-hour average this page previously quoted. The 24-hour guarantee with $1,000 compensation for missed deadlines is still active, so a slow payout still comes with compensation, but do not expect same-day processing as a baseline.

FundedNext holds 72,000+ Trustpilot reviews at 4.5/5, the largest verified review sample of any prop firm globally.

The5ers is the oldest firm on this list, operating since 2016, with a 4.8/5 Trustpilot score from over 26,000 reviews and no documented systemic payout failure. Its entry pricing is also cheaper than this page previously stated: High Stakes lists at $19 for a $2.5K account and $35 for $5K. Hyper Growth, the instant-funding option, runs $52 for $5K, not the $85 this page used to quote. Code FTR10 gives 5% off.

One correction on drawdown type: High Stakes uses trailing drawdown from peak balance, not static. Hyper Growth is the one that uses static drawdown, at 6% from your opening balance. If static drawdown is the reason you are considering The5ers, Hyper Growth is the model to buy, not High Stakes.

Goat Funded Trader lists its 2-Step GOAT $5K account at $36. Goat's own review states plainly that code FIRSTGFT, for new customers, drops that $36 account to $17, putting it in the same range as Maven for a first purchase. Returning customers use GFT40 for 40% off instead. The fee on this model is a one-time payment that is 100% refundable, a stronger structure than firms that only refund after your third or fourth payout.

Goat's drawdown is not static across every model. The challenge-based models (1-Step GOAT, 2-Step GOAT, 3-Step GOAT) use static drawdown. Instant GOAT and Instant Pro use trailing drawdown, calculated from your all-time equity high. If you are choosing Goat specifically for static drawdown, pick a challenge model, not an instant one.

The payout guarantee also needs correcting from older claims: Goat processes payouts within 2 business days of a valid request, not 24 hours, and pays an extra $1,000 if it misses that window.

Best for: First-time GFT buyers who want a price matching Maven's, and anyone who wants a fully refundable one-time fee.

Blueberry Funded's Prime 2-Step $5K account lists at $55, shown with a line through it on Blueberry's own site next to a current price of $39, tied to a "30% off" promotion specific to that plan. FundedTrading's own exclusive code, FT40, gives 40% off any plan and is separate from that built-in promotion. Compare both at checkout, since only one discount applies per order.

This page previously described Blueberry Funded as "the cheapest ASIC-backed prop firm." That specific claim did not hold up against Blueberry Funded's own current FundedTrading review, which identifies the operating entity as Blueberry Markets (SVG) LLC, an SVG company, and describes the positioning as broker-backed without an ASIC reference. If ASIC regulation is the reason you are considering this firm, confirm the current regulatory status directly with Blueberry Funded before buying.

Setting that correction aside, Blueberry Funded still offers a broad set of routes: Prime 2-Step, 1-Step, 2-Step, and two instant options (Elite and Lite), plus a separate synthetic-indices product covering 12 instruments that trade 24/7. Blueberry Funded's Trustpilot page currently shows a rating-unavailable notice tied to a guideline breach review, while still displaying more than 1,500 underlying reviews.

FXIFY's own FAQ confirms Three Phase at $39 for a $5K account as its cheapest current entry point, tying it with Blueberry Funded. Code FT30 gives 30% off. FXIFY also lists a lower-priced Instant Funding Lite product starting from $19, but that figure applies to a $2.5K account on FXIFY's own programme table, not $5K, so it is not a like-for-like match with the rest of this page's $5K baseline.

FXIFY won two FundedTrading awards for 2026, Best Broker-Backed Prop Firm and Best 2-Step Challenge Prop Firm, and now runs seven programme types across CFD and dedicated crypto lineups. The standout feature on the main CFD evaluation accounts is an on-demand first payout after the first successful funded trade.

FundYourFX is an instant-funding option with no evaluation phase. The $5K Instant Funding Classic lists at $47, and FundedTrading's exclusive code FT60 brings that to roughly $19. There is no profit cap at any stage, and the fee is refunded after 3 successful payouts.

FundYourFX wins on a mechanic several rivals do not offer: static drawdown across every account type, including both instant models. This page previously listed FundYourFX's instant accounts as trailing drawdown. That was wrong. Instant Classic runs a 6% static floor and Instant Pro runs 8% static, both fixed to your starting balance for the life of the account. FundYourFX has also won FundedTrading's Best Instant Funding Prop Firm award three times, in 2023, 2024, and 2026, the only firm to win this category more than twice.

Best for: Traders who want to skip evaluation entirely and specifically want static, not trailing, drawdown on their instant account.

Instant Funding needs a direct correction. This page previously listed a $48 fee for a $5K "Instant Funding" account and described it as skipping the evaluation entirely. That $48 price is real, but it belongs to the Two-Phase evaluation product, not the no-evaluation flagship account. The actual flagship Instant Funding account, the one with no profit target and no daily drawdown, costs $239 for a $5K account, well outside this list's price range.

If no-evaluation access at a low price is what you want from this firm, IF1 is the better match: a 24-hour sprint account at $38 for $5K with a 90% profit split, though it is a single-window account rather than an ongoing one. Code FT18 gives 18% off the $48 Two-Phase product.

All 10 firms on this list are forex and CFD prop firms. If you are specifically comparing futures evaluations, they usually price lower per dollar of funded capital because margin-based futures sizing needs less real-capital reserve on the firm's side than OTC forex products. See our best futures prop firms guide for that comparison.

What separates forex prop firms in the budget tier is drawdown type. Maven's 2-Step and 3-Step, Sure Leverage Funding's standard Instant account, Goat's challenge-based models, FundedNext's Stellar lineup, Blueberry Funded's Prime, 1-Step, and 2-Step models, and every FundYourFX account, instant included, all use static drawdown. FXIFY's Three Phase and The5ers' High Stakes use trailing drawdown instead. If you trade forex and cannot absorb the psychological pressure of a moving drawdown floor, pick from the static group and confirm the specific account model, not just the firm name.

Spreads and execution quality matter for forex traders in a way they do not for futures traders, who pay exchange fees instead of spread. Check live spreads on each firm's own platform or demo before buying, especially if you scalp or trade gold.

Several firms on this list support crypto CFD trading alongside forex. None are crypto-native prop firms; crypto is one instrument category among several.

For crypto traders, the critical variable is spread and execution quality on crypto instruments specifically, which varies by firm and liquidity provider. Verify live spread data directly on the platform before buying.

For the full side-by-side rules and pricing across every firm on this page, use the FundedTrading comparison tool.

A cheap prop firm is not simply the one with the lowest advertised price. In 2026, the cheapest prop firms share four core traits: a low listed evaluation fee, typically $13–$40 for a $2K–$5K challenge, refundable fees on passing, reasonable drawdown rules with static generally more forgiving than trailing, and realistic profit targets that do not require excessive risk-taking to reach.

Some firms look cheap but become expensive through tight trailing drawdowns, mandatory paid add-ons, slow payouts that make funded capital effectively illiquid, or discretionary risk-limit clauses written into the contract. Confirm the final total with your code applied before assuming any number, including the ones on this page.

Price benchmarks in 2026

For a $5K account, the cheapest CFD/forex evaluation challenges in 2026 are listed at $13–$39 before any code. For $10K accounts, expect $30–$75 at the budget tier. Below $15 for any account size over $5K warrants extra due diligence on firm legitimacy and payout consistency.

• Best Prop Firms in 2026 — Full Rankings
• What Is a Prop Firm Challenge? Complete Guide
• Static vs Trailing Drawdown — Full Comparison
• Best Broker-Backed Prop Firms Reviewed
• Best Instant Funding Prop Firms
• Cheapest $5K Prop Firm Challenges Ranked
• Best $50K Funded Accounts, Ranked by Price
• Cheapest $100K Prop Firm Accounts, Ranked
• Best Futures Prop Firms in 2026
• All Prop Firm Discount Codes — Updated August 2026

Methodology: Every firm was re-verified in August 2026 against its own live FundedTrading review page. Ranking uses each firm's own current listed price for a $5K account, sorted low to high, with FundedTrading's exclusive code noted separately for each firm. Pass rate data sourced from the FPFX Tech 2026 dataset (300,000+ accounts) and published industry surveys. Read our full review methodology.