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Updated March 2026 • 6 min read

Cheapest Prop Firm Challenges in 2026

Challenge fees can range from under $50 to over $1,000 depending on the firm and account size. We\'ve ranked all 51 firms by their lowest available challenge cost so you can find the best value for your budget.

Key Insight

The cheapest challenge isn\'t always the best value. A $48 challenge with an 8% max drawdown gives you less room for error than a $155 challenge with 10% max drawdown. Always calculate the cost relative to the rules and your skill level. Use our drawdown calculator to see how much buffer you actually get.

Budget-Friendly (Under $100)

1

For Traders

From $9Max DD: 10%Split: 70/30
2

OneFunded

From $16Max DD: 10%Split: 80/20
3

FundingPips

From $36Max DD: 10%Split: 80/20
4

City Traders Imperium

From $39Max DD: 10%Split: 80/20
5

Tycoon Funded

From $39Max DD: 10%Split: 80/20
6

Aqua Funded

From $45Max DD: 8%Split: 90/10
7

Elite Trader Funding

From $45Max DD: 4.5%Split: 80/20
8

Goat Funded Trader

From $47Max DD: 6%Split: 80/20
9

E8 Markets

From $48Max DD: 8%Split: 80/20
10

TopStep

From $49Max DD: 4%Split: 90/10
11

MyFundedFX

From $49Max DD: 8%Split: 80/20
12

Moneta Funded

From $49Max DD: 8%Split: 75/25
13

DNA Funded

From $49Max DD: 10%Split: 80/20
14

Clarity Traders

From $49Max DD: 10%Split: 80/20
15

Hola Prime

From $55Max DD: 10%Split: 80/20
16

The Forex Funder

From $55Max DD: 12%Split: 80/20
17

FundedNext

From $59Max DD: 10%Split: 80/20
18

FXIFY

From $59Max DD: 10%Split: 80/20
19

Crypto Fund Trader

From $59Max DD: 10%Split: 80/20
20

FundYourFX

From $59Max DD: 10%Split: 80/20
21

The Funded Trader

From $65Max DD: 10%Split: 80/20
22

FunderPro

From $65Max DD: 10%Split: 80/20
23

Phidias Propfirm

From $69Max DD: 8%Split: 80/20
24

My Funded Futures

From $77Max DD: 4%Split: 80/20
25

Alpha Capital Group

From $77Max DD: 10%Split: 80/20
26

BrightFunded

From $79Max DD: 10%Split: 80/20
27

Maven Trading

From $79Max DD: 10%Split: 80/20
28

Top One Futures

From $79Max DD: 8%Split: 80/20
29

XLTrade

From $79Max DD: 10%Split: 80/20
30

Funding Frontier

From $79Max DD: 10%Split: 80/20
31

Propel Capital

From $79Max DD: 10%Split: 80/20
32

Blue Guardian

From $87Max DD: 6%Split: 85/15
33

ThinkCapital

From $89Max DD: 10%Split: 80/20
34

Blueberry Funded

From $89Max DD: 10%Split: 80/20
35

Bespoke Funding

From $89Max DD: 10%Split: 80/20
36

The5ers

From $95Max DD: 6%Split: 50/50
37

Trade The Pool

From $97Max DD: 5.5%Split: 80/20
38

Alpha Futures

From $99Max DD: 8%Split: 80/20
39

TradeDay

From $99Max DD: 8%Split: 80/20
40

Fintokei

From $99Max DD: 10%Split: 80/20
41

The Trading Pit

From $99Max DD: 10%Split: 60/40

Smart Budgeting Tips for Prop Challenges

Never invest more than you can afford to lose in challenge fees. Treat it as a business expense.

Start with the smallest account size to minimize cost while you learn the firm's rules.

Factor in the retry cost. Some firms offer free retakes if you hit the profit target but breach other rules.

Consider the cost-per-dollar-of-buying-power ratio: a $155 fee for $100K (0.15%) is better value than $48 for $5K (0.96%).

Many firms run seasonal promotions (Black Friday, New Year). Wait for discounts if you're not in a rush.

Found a firm in your budget?

Run your numbers through our calculator to see exactly how much risk buffer you get.