10 firms · updated Oct 2026

Cheapest prop firm challenges

Price is easy to compare and easy to over-weight. This list sorts firms by the cheapest list price for a $100K CFD evaluation, before discounts, and shows each firm's grade next to it. A cheap challenge at a firm with payout complaints is not cheap.

How firms qualify: Firms selling a $100K CFD evaluation, cheapest list price first.

1
The5ers
Israel · 10 yrs · Trustpilot 4.7 (39K)
$95 for $100K · grade C
Raanana, Israel-based CFD and futures prop firm with 1-, 2- and 3-step programs since 2016
C
Pass rate
9% Estimate
Hidden risk
5.8 Very highHidden risk 5.8 out of 10, Very high
$100K / max alloc.
$95 · $4M
Allows
EANewsWeekendCopy
DEALVisit
Full The5ers review
2
AquaFunded
United Arab Emirates · 3 yrs · Trustpilot score hidden (1.2K)
$279.2 for $100K · grade D
Dubai prop firm selling instant, 1-step and 2-step CFD and futures accounts since 2023
D
Pass rate
8% Estimate
Hidden risk
7.0 Very highHidden risk 7.0 out of 10, Very high
$100K / max alloc.
$279.20 · $400K
Allows
EANewsWeekendCopy
25% OFF· AUTUMNVisit
Full AquaFunded review
3
For Traders
United Arab Emirates · 3 yrs · Trustpilot score hidden (1.8K)
$289 for $100K · grade D
Dubai-based multi-asset prop firm for forex, crypto and CME futures, founded in 2023
D
Pass rate
8% Estimate
Hidden risk
6.8 Very highHidden risk 6.8 out of 10, Very high
$100K / max alloc.
$289 · $300K
Allows
EANewsWeekendCopy
15% OFF· TRADE15Visit
Full For Traders review
4
Alpha Capital Group
United Kingdom · 5 yrs · Trustpilot score hidden (22K)
$397 for $100K · grade D
English CFD prop firm since 2021 with 1-step, 2-step and instant accounts on four platforms
D
Pass rate
20% Third-party
Hidden risk
7.3 Very highHidden risk 7.3 out of 10, Very high
$100K / max alloc.
$397 · $400K
Allows
EANewsWeekendCopy
DEAL· 10KFOR40Visit
Full Alpha Capital Group review
5
FundedNext
United Arab Emirates · 4 yrs · Trustpilot 4.5 (81K)
$399.99 for $100K · grade B
UAE prop firm for CFDs and futures, launched March 2022, with a 24-hour payout promise
B
Pass rate
10% Estimate
Hidden risk
5.3 HighHidden risk 5.3 out of 10, High
$100K / max alloc.
$399.99 · $300K
Allows
EANewsWeekendCopy
41% OFF· STOCTVisit
Full FundedNext review
6
FundingPips
United Arab Emirates · 4 yrs · Trustpilot 4.5 (70K)
$444 for $100K · grade C
Dubai-based CFD prop firm selling 1-step, 2-step and instant accounts since 2022
C
Pass rate
10% Estimate
Hidden risk
5.8 Very highHidden risk 5.8 out of 10, Very high
$100K / max alloc.
$444 · $400K
Allows
EANewsWeekendCopy
10% OFF· FPVisit
Full FundingPips review
7
Goat Funded Trader
Hong Kong · 3 yrs · Trustpilot score hidden (4.3K)
$478 for $100K · grade E
Hong Kong-registered prop firm selling instant, 1-step and 2-step accounts since 2023
E
Pass rate
8% Estimate
Hidden risk
8.0 Very highHidden risk 8.0 out of 10, Very high
$100K / max alloc.
$478 · $400K
Allows
EANewsWeekendCopy
50% OFF· FIRSTGFTVisit
Full Goat Funded Trader review
8
Top One Trader
United States · 3 yrs · Trustpilot score hidden (3.5K)
$541 for $100K · grade D
US-founded CFD prop firm (2023) selling $7 NOVA challenges, instant funding and futures
D
Pass rate
10% Estimate
Hidden risk
6.3 Very highHidden risk 6.3 out of 10, Very high
$100K / max alloc.
$541 · $600K
Allows
EANewsWeekendCopy
70% OFF· SEPTVisit
Full Top One Trader review
9
BrightFunded
United Arab Emirates · 3 yrs · Trustpilot score hidden (572)
$542 for $100K · grade C
Dubai-based CFD prop firm with 1-Step and 2-Step evaluations, launched in 2023
C
Pass rate
8% Estimate
Hidden risk
5.6 Very highHidden risk 5.6 out of 10, Very high
$100K / max alloc.
$542 · $400K
Allows
EANewsWeekendCopy
30% OFF· RALLY30Visit
Full BrightFunded review
10
FTMO
Czech Republic · 11 yrs · Trustpilot 4.8 (53K)
$567 for $100K · grade A
Prague-based prop firm since 2015, selling 1-Step, 2-Step and futures evaluations
A
Pass rate
10% Reported
Hidden risk
4.8 HighHidden risk 4.8 out of 10, High
$100K / max alloc.
$567 · $2M
Allows
EANewsWeekendCopy
20% OFFVisit
Full FTMO review

Questions about this list

FAQ

What is the cheapest prop firm?

By list price for a $100K evaluation, the firm at the top of this list. Most firms run frequent discounts, so check the offers page too, and compare the drawdown rules, since cheaper programs often have tighter limits.

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