Cheapest Prop Firms

When you are starting out or testing a new strategy, the challenge fee matters. We ranked every firm by their absolute lowest entry price.

#1
TopStep
1-stepUp to 90% splitTier 1

$49 for a $50,000 account. 1-step evaluation. Weekly payouts.

Drawdown

Trailing EOD

Cheapest Fee

$49

Payouts

Weekly

Markets

futures

Platforms

NinjaTrader, Tradovate, TradingView

News Trading

allowed

#2
For Traders
2-stepUp to 90% split

$49 for a $5,000 account. 2-step evaluation. Monthly payouts.

Drawdown

Static

Cheapest Fee

$49

Payouts

Monthly

Markets

forex, indices, commodities

Platforms

MT4, MT5

News Trading

allowed

#3
FundedNext
2-stepUp to 95% splitTier 1

$59 for a $6,000 account. 2-step evaluation. Within 24 hours payouts.

Drawdown

Static

Cheapest Fee

$59

Payouts

Within 24 hours

Markets

forex, indices, commodities, crypto

Platforms

MT4, MT5, cTrader

News Trading

allowed

#4
Goat Funded Trader
1-step / 2-stepUp to 95% split

$68 for a $8,000 account. 1-step / 2-step evaluation. Bi-weekly payouts.

Drawdown

Static

Cheapest Fee

$68

Payouts

Bi-weekly

Markets

forex, indices, commodities, crypto

Platforms

MT4, MT5

News Trading

allowed

#5
BrightFunded
2-stepUp to 90% split

$79 for a $10,000 account. 2-step evaluation. Bi-weekly payouts.

Drawdown

Static

Cheapest Fee

$79

Payouts

Bi-weekly

Markets

forex, indices, commodities, crypto

Platforms

MT5

News Trading

allowed

Rankings based on data verified against official firm websites. Last updated March 2026. Rules can change -- always verify with the firm before purchasing a challenge.

More "Best For" Rankings

ScalpingSwing TradingBeginnersNo Trailing DrawdownForexFuturesNews TradingHighest Profit SplitFastest Payouts