Cheapest Prop Firms in 2026 — Get Funded for Under $50

One of the biggest barriers to prop trading is the challenge fee. Many firms charge $100-500+ just for an evaluation, and if you fail, that money is gone. But in 2026, competition has driven prices way down.

Here are the most affordable prop firms where you can start a funded challenge for under $50.

Why Price Matters

Let's be real — most traders don't pass their first challenge. Industry data suggests the pass rate is somewhere between 5-15%. That means you might need 2-5 attempts before getting funded.

If each attempt costs $200, that's $400-1,000 before you even start earning. But at $17-49 per attempt? The math changes completely.

Lower fees = more attempts = higher lifetime chance of getting funded.

1. Apex Trader Funding — From $17

Category: Futures | Profit Split: 100% first $25K, then 90% | Drawdown: Trailing

Apex regularly runs sales that bring their evaluation price down to an incredible $17. Even at full price, their plans start well under $100. With a 100% profit split on your first $25,000 in payouts and up to 20 Performance Accounts, the value is unmatched.

Best for: Futures traders who want the absolute cheapest entry with the highest potential return.

2. Goat Funded Trader — From $45

Category: Forex | Profit Split: Up to 100% | Drawdown: 4%

At just $45, Goat Funded Trader is one of the cheapest forex prop firms. But price isn't even their best feature — the fee is 100% refundable when you get funded. That means if you pass, your challenge was essentially free.

Other highlights: no time limits, no daily drawdown (on select plans), news trading allowed, and scaling up to $2M.

Best for: Forex traders who want a safety net — if you pass, you get your fee back.

3. Breakout — From $49

Category: Crypto | Profit Split: Up to 100% | Drawdown: Balance-Based

If you trade crypto, Breakout is the only serious option in this price range. For $49, you get access to their evaluation with CEX liquidity, daily payouts, and zero payout denials. They use their own Breakout Terminal built specifically for crypto trading.

Best for: Crypto traders who want daily payouts and real exchange liquidity at a budget price.

4. Funding Pips — From $49

Category: Forex | Profit Split: Up to 100% | Drawdown: 10%

Funding Pips matches the $49 entry with zero reward denials — meaning when you hit your targets, you get paid without arbitrary rule disqualifications. They support MT5, cTrader, and Match-Trader, allow news trading, and have no consistency rules.

Best for: Forex traders who want guaranteed payouts with no hidden gotchas.

5. Topstep — From $49

Category: Futures | Profit Split: 90% | Drawdown: 4%

Topstep has been around since 2012 and is an NFA Member — making them one of the most regulated prop firms. At $49, you get access to a 1-step evaluation with their TopstepX platform. Their Express Funded option gets you trading with real capital faster.

Best for: Futures traders who want a regulated, established firm with a clean reputation.

6. MyFundedFX — From $50

Category: Forex | Profit Split: Up to 92.75% | Drawdown: 8%

Just barely over the $50 mark, MyFundedFX (now Seacrest Markets) offers unique flexibility with 1-Step, 2-Step, and 3-Step challenge formats. They support MT5 and Match-Trader, allow news trading, and have a scaling program up to $400K.

Best for: Traders who want to choose their challenge difficulty level.

Cost Comparison

Money-Saving Tips

Our Recommendation

If budget is your main concern, Apex Trader Funding at $17 is impossible to beat. For forex traders, Goat Funded Trader at $45 with refundable fees is the smartest choice — pass the challenge and it's like you never paid.

Browse all firms on our homepage or use the Prop Firm Matcher to find the best fit for your budget and trading style.