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
- ✓Eval fee < $100
- ✓Real payout track record
- ✓Account size ≥ $5K
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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