Prop firms have become increasingly popular in recent years as a way for traders to access larger amounts of trading capital without putting up their own money. 

By passing a trading evaluation, traders can get access to accounts ranging anywhere from $5,000 to over $1 million in buying power. However, prop firm fees and monthly costs can add up quickly, making choosing an affordable prop firm key for many aspiring traders.

This article will provide an overview of the top 7 most affordable prop firms available in 2025 based on one-time and recurring fees. 

We'll also outline the account sizes offered, the number of evaluation phases, and the key pros and cons of each firm. With prop firms continuing to drop prices to attract new traders, understanding the cheapest options is essential.

The Real Deal

Key Selection Factors for Cheapest Prop Firms

When choosing a cheap forex prop firm, prioritize their industry reputation and track record of reliable payouts. Evaluate the fee structure carefully – while entry costs may be low ($39-$150), watch for hidden charges or monthly subscriptions. Consider the profit-sharing model, as even affordable firms can offer up to 90-95% profit splits.

Cheapest Forex Prop Firms

Cheapest Prop Firms Worth Considering

Cheapest Prop FirmsPricingAccount SizeProfit SplitTrustpilot Rating
The5ers$39$500050% upto 100%4.8
FundedNext$49$600060% upto 90%4.7
Finotive Funding$75$500055% upto 75%4.3
My Funded FX$50$5000Upto 80%4.6
Traders With Edge$50$5000Upto 80% Profit Split4.1
Ryze$5$500Upto95% 4.9
Funding Pips$139$25KUpto 90%4.6

1. The5ers

The5ers

Founded in 2016, The5ers has rapidly emerged as one of the leading prop firms in the forex trading industry. With over 80,000 traders funded across 150 countries in just 5 years, The5ers provides traders access to company capital ranging from $5,000 up to $4 million in buying power.

With some of the industry's lowest account fees starting at just $39, generous profit splits up to 100%, and multiple account tiers tailored to traders of all skill levels, The5ers aims to provide funded accounts to as many aspiring traders globally as possible. With some of the lowest participation fees in the prop trading industry paired with generous payouts, The5ers provides an affordable entry point for new traders looking to access funding and gain experience.

The 5ers Funding Programs

The lowest account size is $5000 for $39!

The 5ers offers three program options: Bootcamp, HyperGrowth, and High Stakes.

1. Bootcamp

The Bootcamp program is a 3-stage demo account challenge where traders start with a $5,000 account and must hit a 6% profit target in each stage to get funded with a $100,000 account.

Account SizePrice
$100,000$95 
$250,000$225 
2. Hyper Growth

The Hyper Growth program has accounts ranging from $5000 to $20,000.

Account SizePrice
$5,000$260
$10,000$450
$20,000$850
3. High Stakes

The Hyper Growth program has accounts ranging from $5000 to $20,000.

Account SizePrice
$5,000$39
$20,000$165
$60,000$300
$100,000$495

Pros and Cons of The 5ers

Pros

  • Generous profit splits up to 100%
  • Leading industry growth and traders funded
  • Multiple programs for all skill levels

Cons

  • Some trading restrictions
  • Focus mostly on forex trading

2. FundedNext

FundedNext

FundedNext was founded by Abdul Jayyed, this prop firm is based in Dubai. FundedNext has emerged as a multi-million prop firm! Their cheapest challenge is $59 for a 6,000 Account size! The profit split starts at 60%, then it goes up to 75%, and subsequently reaches 90%.

On the Evaluation and Stellar 2-Step FundedNext account, goes to 80% profit share initially. With scale-up, traders are eligible for a 90% profit share.

At FundedNext, they believe everyone has a right to achieve their dreams! 

The FundedNext Programs

FundedNext provides its traders with five unique funding program options: Two-step Stellar Challenge, One-step Stellar Challenge, Evaluation Model, Consistency Express Model, and Non-Consistency Express Model.

1. Two-Step Stellar Challenge

The lowest account size is $6000 for $59! The leverage is 1:100

Account SizePrice (Standard)Price (Swap-Free)
$6,000$59$65
$15,000$119$131
$25,000$199$219
$50,000$299$329
$100,000$519$571
$200,000$999$1,099
2. One-Step Stellar Challenge

The lowest account size is $6000 for $59! The leverage is 1:30

Account SizePrice (Standard)Price (Swap-Free)
$6,000$59$65
$15,000$119$131
$25,000$199$219
$50,000$299$329
$100,000$519$571
$200,000$999$1,099
3. Evaluation Model

The lowest account size is $6000 for $59! The leverage is 1:100

Account SizePrice (Standard)Price (Swap-Free)
$6,000$49$54
$15,000$99$109
$25,000$199$219
$50,000$299$329
$100,000$549$604
$200,000$999$1,099
4. Consistency Express Model

The lowest account size is $6000 for $59! The leverage is 1:100

Account SizePrice (Standard)Price (Swap-Free)
$6,000$49$54
$15,000$99$109
$25,000$199$219
$50,000$299$329
$100,000$549$604
$200,000$999$1,099
5. Non-Consistency Express Model

The lowest account size is $6000 for $59! The leverage is 1:100

Account SizePrice (Standard)Price (Swap-Free)
$6,000$59$65
$15,000$119$131
$25,000$229$252
$50,000$379$417
$100,000$699$769
$6,000$59$65

Pros and Cons of FundedNext

Pros

  • As a newer company, may offer better pricing to attract traders
  • Could have innovative offerings

Cons

  • Limited public information available

3. Finotive Funding

Finotive Funding

Finotive Funding is an innovative prop trading firm empowering retail traders to unlock their full potential. Founded in 2021 by trading expert Oliver Newland, Finotive is committed to providing traders access to professional-grade capital, advanced trading infrastructure, and unparalleled educational resources.

Once funded, Finotive traders keep 55-75% of their profits and can withdraw income weekly. They also provide a transparent path to scale accounts up to $3.2 million as traders progress. 

With some of the most trader-friendly policies in the industry, Finotive is committed to setting traders up for long-term success. 

As Oliver Newland says, “Our goal is to help traders overcome the obstacle of capital and fast-track the process of growing their income.”

Finotive Funding Programs

The cheapest you can get is a $5000 account for just $75!

Finotive Funding provides its traders with five funding program options: Pro Challenge, Classic Challenge, One-step Challenge, Standard Instant Funding, and Aggressive Instant Funding.

1. Pro Challenge

The lowest account is $50,000 for $550! Please don’t have a heart attack; it’ll keep on decreasing with each challenge!

Account SizePrice (Standard)Price (Swap-Free)
$50,000$550$750
$100,000$850$1,100
$200,000$1,600$1,900
2. Classic Challenge

The lowest account is $2,500 for $50! 

Account SizePrice (Standard)Price (Swap-Free)
$2,500$50$60
$5,000$75$100
$10,000$100$150
$25,000$150$200
$50,000$300$400
$100,000$500$625
$200,000$950$1,100
3. One Step Challenge

The lowest account is $2,500 for $50! 

Account SizePrice (Standard)Price (Swap-Free)
$2,500$50$60
$5,000$75$100
$10,000$100$150
$25,000$150$200
$50,000$300$400
$100,000$500$625
$200,000$950$1,100
4. Standard Instant Funding

The lowest account is $2,500 for $95! 

Account SizePrice (Standard)Price (Swap-Free)
$2,500$95$120
$5,000$190$240
$10,000$335$420
$25,000$525$625
$50,000$1,055$1,200
$100,000$2,100$2,300
5. Aggressive Instant Funding

The lowest account is $2,500 for $165! 

Account SizePrice (Standard)Price (Swap-Free)
$2,500$165$210
$5,000$330$420
$10,000$660$780
$25,000$1,340$1,500
$50,000$2,400$2,600
$100,000$5,280$5,555

Pros and Cons of Finotive Funding

Pros

  • Access to substantial trading capital without personal financial risk
  • Profit split up to 95% provides a strong incentive
  • Comprehensive educational resources and active community

Cons

  • Profit sharing means not retaining 100% of earnings
  • Currently focused exclusively on forex and crypto trading

4. My Funded FX

My Funded FX

My Funded FX is revolutionizing the world of prop trading by providing traders access to up to $600,000 in funding through an innovative simulated trading evaluation. It was founded in 2021 by CEO Matthew Leech, My Funded FX is committed to setting traders up for long-term success.

According to Matthew Leech, “We want to help traders get over the hurdle of insufficient capital so they can unlock their income potential.”

Once funded, My Funded FX traders keep up to 80% of their profits with withdrawals paid out bi-weekly. They also provide a transparent path to scale accounts up to $1.5 million as traders progress.

My Funded FX Programs

The cheapest you can get is a $5000 account for just $50!

MyFundedFx offers traders three different programs: One-Step Evaluation Challenge Accounts, Normal Two-Step Evaluation Challenge Accounts, and Pro Two-Step Evaluation Challenge Accounts.

1. One-Step Evaluation Challenge Account

The One-Step Evaluation Challenge requires traders to reach a 10% profit target on a demo account, without exceeding 4% maximum daily losses or 6% maximum trailing losses. Traders have unlimited days to complete the challenge, with a minimum of one trading day required. All instruments are tradable, with full choice over trading style.

Bypassing the One-Step Challenge, traders receive a funded account without profit targets, just daily and trailing loss limits to respect.

2. Normal Two-Step Evaluation Challenge Accounts

The MyFundedFx Two-Step Evaluation Challenge uses a two-phase process to identify consistent, disciplined traders for funding. Traders must meet specific profit targets while adhering to maximum loss rules.

Phase One requires hitting an 8% profit target without exceeding 5% daily losses or 8% maximum trailing losses, all at 1:100 leverage.

Phase Two requires a 5% profit target, again staying within the 5% daily loss and 8% trailing loss limits.

Traders have unlimited days to complete each phase and reach the targets. Bypassing both evaluations, they receive a funded account with no profit targets – just the requirement to follow the defined loss rules.

3. Pro Two-Step Evaluation Challenge Accounts

The MyFundedFx Pro Two-Step Evaluation Challenge uses 1:50 leverage.

Phase One requires hitting an 8% profit target without exceeding 5% daily losses or 10% maximum trailing losses. Traders have unlimited days with a one-day minimum to reach the target.

Phase Two requires meeting a 5% profit target while adhering to the same 5% max daily loss and 10% max trailing loss limits. Unlimited days again.

Pros and Cons of My Funded FX

Pros

  • Flexible trading rules
  • Innovative simulator dashboard
  • Crypto trading allowed

Cons

  • Limited educational resources
  • Short track record (founded 2021)

5. Traders With Edge

Traders with Edge

Founded in 2022, Traders with Edge is a leading prop trading firm providing funding, training, and support to help traders maximize their potential and profitability. With a focus on identifying skilled traders through simulation challenges, Traders with Edge aims to reward successful traders via favorable profit-sharing agreements on funded live accounts.

Account Sizes range from $5,000 to $1 million after challenge, and a wide range of tradable assets including forex, commodities, indices, stocks. Profit Splits go up to 80% profit share for funded accounts.

Traders with Edge Funding Programs

The cheapest you can get is $5000 account for just $50!

Traders with Edge offers two Funding Programs: Turtle Challenge and Hare Challenge.

Traders With Edge offers one-phase “Turtle” challenges and two-phase “Hare” challenges for traders to prove their skills and get funded for live trading.

  1. Turtle challenge

The one-phase Turtle challenge requires hitting a 10% profit target on a demo account within unlimited days while managing risk to defined parameters. Traders passing the challenge receive a funded account with up to 80% profit splits and ability to scale up to $3 million in size.

  1. Hare Challenge

The two-phase Hare challenge involves two steps – first hitting a 10% profit target, then a reduced 5% target in the second phase. Each phase has a minimum of 5 trading days but no maximum. Risk is also controlled based on defined maximum daily and overall loss limits. Traders receive the same funding account benefits upon completing both phases successfully.

Pros and Cons of Traders with Edge

Pros

  • Flexible account types including instant funding options
  • Wide selection of tradable assets – forex, stocks, commodities etc.
  • Positive reviews and ratings 

Cons

  • As a newer company founded in 2022, does not have an extensive track record yet

6. Ryze

Ryze

Founded in 2021, Ryze is an innovative UK prop trading firm offering ultra-low cost challenge accounts starting from just $5. Catering to all trader levels from beginners to advanced, Ryze provides access to trading capital from $500 up to $250,000. 

Upon passing, accounts are eligible for up to 95% profit splits with withdrawals processed by Wise. Ryze focuses on providing the core necessities – capital, leverage up to 1:500, and MetaTrader platforms, rather than amenities. 

With strong TrustPilot reviews and ratings so far, Ryze aims to lower barriers to entry for traders to access resources aiding their success. 

Though a newer prop firm, Ryze's model of low-cost challenges combined with excellent rewards presents strong opportunities, especially for developing traders needing to conserve capital outlay.

Ryze Funding Programs

The cheapest you can get is $500 account for just $5!

Ryze offers: 1-Phase Challenge, 2-Phase Challenge, 3-Phase Challenge, and Instant Funding.

Ryze offers one-phase, two-phase, and three-phase trading challenges for traders to showcase their skills and get funded for live trading. 

1. One-phase

The one-phase challenge requires hitting an 8% profit target with a 12% maximum drawdown. Traders passing receive a funded account with up to 95% profit splits.

2. Two-Phase

The two-phase challenge involves first hitting an 8% target, then 5% in the second phase. Each phase allows unlimited days with a 5% daily loss limit and 12% maximum drawdown. Successful traders proceed to funded accounts with up to 95% profit splits.

3. Three-Phase

The three-phase challenge provides a more cost-effective path to funding. Traders must hit profit targets of 8%, 5%, then 3% over the three phases. Phases also have unlimited days, 5% daily loss limits, and a 12% total drawdown allowance. This extended evaluation further confirms trader skills.

4. Instant Funding

Additionally, Ryze offers instant funding options ranging from $500 to $250,000 in capital. These accounts enable immediate live trading access without needing to pass a challenge, with 50% profit split payouts.

Pros and Cons of Ryze

Pros

  • Access to funding up to $250,000 in capital
  • Allows a variety of trading strategies and EAs
  • Has largely positive TrustPilot reviews so far

Cons

  • Withdrawals limited to only once every 2 weeks

7. Funding Pips

Funding Pips

Funding Pips is a prop trading firm founded in 2022 and based in Dubai that provides funding, platforms, and support to forex traders.

As a prop firm, Funding Pips seems to focus on providing the core necessities for traders like capital access, leverage, MetaTrader platforms rather than amenities.

Revenue comes from challenge fees and profit splits from successful funded traders. Appropriate due diligence is still advised before signing up with any prop firm.

Funding Pips offers a profit split of 80%, but traders can goupto 90% throught their funding programs!

Funding Pips Funding Program

The cheapest account you go get is $25K for $139

They offer a comprehensive funding program designed to identify and nurture trading talent: Two Phase Evaluation Course, and an Affiliate Program.

1. Two-Phase Evaluation Course

This is your pathway to getting funded. It's designed to assess and develop your trading skills through a structured process.

Phase 1 “Student”: Demonstrate your trading prowess by achieving an 8% profit target without breaking any rules. This phase is about proving your skill and discipline.

Phase 2 “Practitioner”: Show that you can trade consistently and with discipline by meeting specific trading objectives. Success in this phase indicates you're ready for the next level.

Phase 3 “Master”: Upon successfully completing the first two phases and proving your consistency and discipline, you'll be offered the opportunity to trade with our capital. This is where you get to apply your skills in a real-world setting and potentially earn from your trading activities.

Pros and Cons of Funding Pips

Pros

  • Competitive profit splits ranging from 80-90% for funded accounts
  • Access to large amounts of trading capital – up to $2 million per trader
  • Allows use of EAs and holding trades over weekends/news events

Cons

  • Strict rules against martingale and hedging strategies

Common Queries Related to Cheapest Forex Prop Firms

What is the Typical Cost Range for Cheap Forex Prop Firm Evaluations?

Evaluation fees typically range from $39 to $150 for basic accounts, with funding options starting from $5,000 to $25,000.

What Profit Splits do Cheap Prop Firms Usually Offer?

Most affordable prop firms offer profit splits between 80-95% for successful traders, with some increasing the percentage as traders maintain consistent performance.

Do Cheap Prop Firms have Recurring Fees?

Some firms charge monthly subscription fees, while others only require one-time evaluation fees. Costs typically range from $50-$200 monthly.

How Long does it take to Get Funded with Cheap Prop Firms?

Traders can typically get funded within 1-4 weeks after passing evaluations, depending on the firm's verification process.

Wrapping Up On the Most Affordable Prop Firms

Cheapest Prop Firms

So, you think you have what it takes to trade with the big prop firms? 

Well the top cheapest prop firms want to give aspiring traders a chance to strut their stuff without breaking the bank. Lower barriers to entry give more traders a fighting chance to access larger capital, test skills and gain experience. 

But don’t think cheap means low quality – traders must still kick the tires extensively because sketchy operations need not apply. 

Align with the right firm for your trading style and development stage – remember one size does not fit all in prop land. The cheapest prop ticket can launch a money-minting trading career…if you have the guts, grit and game to trade with the best.

So step up and into the arena if you dare! Fortune favors the bold and the best prop firms want to give you a chance to unlock your potential.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.