Cheapest prop firm challenges

If you want to test prop trading without sinking $500+ into an evaluation, these firms have the lowest legitimate entry costs.

What we looked at

Top picks

1

The5ers

Profit split: 80%Daily DD: 4%Max loss: 4–8%Price: $39 – $615

Bootcamp $39 — by far the cheapest legitimate entry. $5K live account on pass.

2

MyFundedFX

Profit split: 75–85%Daily DD: 5%Max loss: 10%Price: $49 – $849

$49 starting tier on micro accounts. One-step path keeps total cost low.

3

Topstep

Profit split: 90%Daily DD: $1K–$4.5KMax loss: $2K–$9KPrice: $49 – $149/mo

$49/mo subscription on $50K combine — month-to-month, cancel anytime.

FAQ

Are cheap prop firm challenges legitimate?

The firms above have multi-year payout records. Be cautious of brand-new firms with $20 evals — many have failed to pay.

Why is The5ers Bootcamp so cheap?

It's a $5K live account (small), positioned as a learning-first product. The scaling plan grows it from there.

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