Data updated September 29, 202690 firms · 2,228 challenges trackedAffiliate disclosure
Updated September 29, 2026 · 50 firms · 1,105 accounts

Best Prop Firms for Beginners (2026)

The best prop firm for beginners is The5ers (4.4/5): its $100K 2-step account (High Stakes Challenge): 8% / 5% target, 4% daily loss limit, 8% static max loss, 80% split, $455, and the cheapest account starts at $22. FundedNext, FTMO and Traders Launch are the next picks. All 50 firms here cost $100 or less to start and have static or end-of-day drawdown.

For a first challenge the rules matter more than the size: a static or end-of-day drawdown, no or a light consistency rule, and an entry price you can afford to lose.

This page keeps only firms without warnings that sell an account for $100 or less and offer a static or end-of-day trailing drawdown.

How this page is built: Firms without warnings, with an account at $100 or less and a static or end-of-day drawdown. Ranked by our score. Firms with open warnings are left out of the picks. Prices are official list prices without promo codes; fees due after passing are included.

Key facts: Prop Firms for Beginners

Firms
50
Accounts
1,105
Typical profit target (total)
10%
Typical maximum loss
6%
Typical daily loss limit
3% (none on 19% of accounts)
Drawdown models
static 49%, end-of-day trailing 19%, trailing (balance) 18%
Typical profit split
80%
Typical payout cycle
14 days
Billing
monthly on 5% of accounts, otherwise one-time
Fee due after passing
7% of accounts (median $180)
Consistency rule
none during the challenge on 15% of accounts; a best-day cap is listed on 36% (often on payouts)
Typical minimum trading days
3
Median 50K price
$321
Median 100K price
$545
Most supported platforms
MetaTrader 5 (27 firms), TradingView (15 firms), Match-Trader (15 firms), cTrader (14 firms)

Medians across the 1,105 accounts on this page, list prices, September 29, 2026.

Top picks at a glance

Forex/CFD · 100K account or closest size

#FirmAccountProfit targetLoss limitsSplitPayoutsList priceBest for
1The5ers logoThe5ers4.4$100K High Stakes Challenge 2-Step8% / 5%4% daily · 8% max (static)80%Bi-weekly$455Static drawdown
2FundedNext logoFundedNext4.3$100K Stellar Lite Challenge 2-Step8% / 4%4% daily · 8% max (static)80%21 days$400Most reviewed
3FTMO logoFTMO4.3€100K Standard Challenge 1-Step10%3% daily · 10% max (end-of-day trailing)90%Bi-weekly€499Most drawdown room
4FundingPips logoFundingPips4.2$100K Zero - Instant Instantnone3% daily · 5% max (trailing (equity))95%Bi-weekly$44490%+ profit split
5Fintokei logoFintokei4.2$100K SwiftTrader 1-Step6%2% daily · 3% max (static)90%Bi-weekly$499Wide choice of accounts
6Hola Prime logoHola Prime4.1$100K Prime X 2-Step10% / 5%5% daily · 10% max (static)80%Bi-weekly$569Balanced rules
7Funded Trading Plus logoFunded Trading Plus4.1$100K Express 1-Step10%4% daily · 6% max (trailing)80%Daily$549Daily payouts
8For Traders logoFor Traders4.0$100K Fast 1-Step9%3% daily · 6% max (trailing (balance))80%Bi-weekly$469Balanced rules

Futures · 50K account or closest size

#FirmAccountProfit targetLoss limitsSplitPayoutsList priceBest for
1Traders Launch logoTraders Launch4.3$100K Futures Evaluation - NYC - 80% Profit Split 1-Step2%no daily limit · 1% max (end-of-day trailing)80%Daily$99No daily loss limit
2DayTraders logoDayTraders4.3$50K S2F - Instant Funding Instantnone2.5% daily · 5% max (end-of-day trailing)100%10 days$34290%+ profit split
3TradeDay logoTradeDay4.2$50K QuickPay Intraday 1-Step6%no daily limit · 4% max (intraday trailing)80%Daily$131/moDaily payouts
4The Trading Pit Futures logoThe Trading Pit Futures4.2$50K Futures Prime - Evaluation 1-Step6%2% daily · 4% max (end-of-day trailing)80%5 days$99Weekly payouts

Crypto · 100K account or closest size

#FirmAccountProfit targetLoss limitsSplitPayoutsList priceBest for
1Breakout logoBreakout4.1$100K Crypto - Turbo 1-Step9%3% daily · 3% max (static)80%Daily$330Static drawdown
2BEM Funding logoBEM Funding4.0$100K One Only 1-Step6%3% daily · 6% max (end-of-day trailing)80%Daily$460Most drawdown room
3Crypto Fund Trader logoCrypto Fund Trader3.8$100K 1-Step10%4% daily · 6% max (trailing (balance))80%15 days$619Balanced rules

Futures targets and loss limits are shown as % of the account; firms quote them in dollars.

Firms on this page
50
of 90 firms tracked
Median target
10%
All other accounts: 10%
Median max loss
6%
All other accounts: 6%
Median cost per $10K
$75
All other accounts: $79.98

Best picks for every need

Cheapest $100K account
The5ers logoThe5ers
$100K Summer Plan 10/5 · $149
Lowest cost per $10K
The5ers logoThe5ers
$200K Summer Plan 10/5 · $12.45 per $10K incl. fees
Most drawdown for the target
Atmos Funded logoAtmos Funded
$200K Nova · 5% target, 8% max loss
Highest profit split
QT Funded logoQT Funded
$5K QT INSTANT · 100% split
No daily loss limit
The5ers logoThe5ers
$100K Bootcamp Program · 5% static max loss only
Daily payouts
Traders Launch logoTraders Launch
$100K Futures Evaluation - NYC - 55% Profit Split · payouts daily, 55% split
Futures traders
DayTraders logoDayTraders
$50K Static · $50 + $5 on pass for 50K
Crypto traders
Breakout logoBreakout
$5K Crypto - Turbo · $20
Longest track record
FTMO logoFTMO
€200K Standard Challenge · 11 years in operation

Picked automatically from 1,105 accounts. Firms with warnings and our Editor's Choice are excluded.

Compare all 1,105 accounts

Every account of the firms on this page, at list price. Default view: $100K forex/CFD accounts, cheapest first.

120 accounts match · list prices, no promo codes applied

Firm · accountSizeStepsProfit targetDaily lossMax lossDD : targetSplitPayoutsList price
The5ers4.4 ★★★★★ 4.7Summer Plan 10/5 - 2-Step 100K$100K2-Step10%|5%3%10% Static1:0.6780%Bi-weekly$149$14.90 / $10KVisit
The5ers4.4 ★★★★★ 4.7Summer Plan 8/5 - 2-Step 100K$100K2-Step8%|5%3%10% Static1:0.7780%Bi-weekly$179$17.90 / $10KVisit
Leveraged4.0Leveraged ONE - 1-step - 100K$100K1-Step6%3%6% Trailing bal.1:180%Bi-weekly$188$18.80 / $10KVisit
The5ers4.4 ★★★★★ 4.7Summer Plan - 1-Step 100K$100K1-Step10%3%6% Static1:0.675%Bi-weekly$249$24.90 / $10KVisit
Trade The Pool3.7 ★★★★★ 4.4Edge - 1-Step - 100K$100K1-Step6%1.8%4% EOD trailing1:0.6780%Bi-weekly$266$26.60 / $10KVisit
Atmos Funded3.9 ★★★★★ 3.6Plus - 1-Step 100K$100K1-Step6%none3% Trailing eq.1:0.580%Bi-weekly$149+ $125 on pass$14.90 / $10KVisit
Hantec Trader3.9 ★★★★★ 4.3Endurance Program - 3- Step 100K$100K3-Step6%|6%|6%4%8% Static1:0.4480%Bi-weekly$299$29.90 / $10KVisit
Hantec Trader3.9 ★★★★★ 4.3Instant24 - Instant 100K$100KInstantnone2%3% Trailing bal.—80%Daily$299$29.90 / $10KVisit
The5ers4.4 ★★★★★ 4.7Bootcamp Program - 3-Steps *100K$100K3-Step6%|6%|6%none5% Static1:0.2850%Bi-weekly$95+ $205 on pass$9.50 / $10KVisit
Moneta Funded3.8 ★★★★★ 4.5Sprint - 1-Hour Instant 100K$100KInstant0.6%none0.3% Static1:0.5100%Daily$300$30 / $10KVisit
Equity Edge4.0 ★★★★★ 4.2Instant - 100K$100KInstantnone3%5% Trailing eq.—90%Bi-weekly$305$30.50 / $10KVisit
ThinkCapital3.7Nexus Challenge - 3 - Step - 100K$100K3-Step7%|6%|5%4%8% Static1:0.4480%Bi-weekly$349$34.90 / $10KVisit
Nordic Funder3.8 ★★★★★ 3.23-Phase Evaluation - 3-Steps 100K$100K3-Step5%|5%|5%5%5% Static1:0.3380%30 days$368$36.75 / $10KVisit
Atmos Funded3.9 ★★★★★ 3.6Plus - 2-Steps 100K$100K2-Step6%|6%3%6% Static1:0.580%Daily$379$37.90 / $10KVisit
Atmos Funded3.9 ★★★★★ 3.6Standard - 1-Step 100K$100K1-Step10%3%6% Trailing eq.1:0.680%Bi-weekly$383$38.30 / $10KVisit
FXIFY3.9 ★★★★★ 4.3Lightning Challenge - 1-Step 100K$100K1-Step5%3%4% Trailing bal.1:0.880%Bi-weekly$399$39.90 / $10KVisit
FXIFY3.9 ★★★★★ 4.33-Phase - 3-Steps 100K$100K3-Step5%|5%|5%5%5% Static1:0.3380%—$399$39.90 / $10KVisit
FundedNext4.3 ★★★★★ 4.5Stellar Lite Challenge - 2-Steps …$100K2-Step8%|4%4%8% Static1:0.6780%21 days$400$40 / $10KVisit
Equity Edge4.0 ★★★★★ 4.2Swift 1-Step - 100K$100K1-Step8%3%5% Trailing eq.1:0.6380%Bi-weekly$407$40.70 / $10KVisit
Orion Funded3.9 ★★★★★ 4.5Orion Select - 3-Steps 100K$100K3-Step5%|5%|5%5%5% Static1:0.3380%Bi-weekly$409$40.90 / $10KVisit
Fintokei4.2 ★★★★★ 4.4Start Trader - 3Phase Evaluation …$100K3-Step2%|3%|6%3%6% Static1:0.5550%Bi-weekly$419$41.90 / $10KVisit
Trade The Pool3.7 ★★★★★ 4.4Day Trade Max - 1-Step - 100K$100K1-Step6%1%3% Static1:0.570%Bi-weekly$435$43.50 / $10KVisit
Leveraged4.0Sprint - 1-step - 100K$100K1-Step2%1%1% Static1:0.580%Bi-weekly$439$43.90 / $10KVisit
FundingPips4.2 ★★★★★ 4.5Zero - Instant 100K$100KInstantnone3%5% Trailing eq.—95%Bi-weekly$444$44.40 / $10KVisit
City Traders Imperium3.7 ★★★★★ 4.21-Step Evaluation - 1-Step 100K$100K1-Step8%none5% Trailing bal.1:0.6380%—$449$44.90 / $10KVisit
Moneta Funded3.8 ★★★★★ 4.5Instant Funding (60% profit split…$100KInstantnone3%5% Trailing eq.—60%Bi-weekly$454$45.40 / $10KVisit
The5ers4.4 ★★★★★ 4.7High Stakes Challenge - 2-Steps 1…$100K2-Step8%|5%4%8% Static1:0.6280%Bi-weekly$455$45.50 / $10KVisit
FundingPips4.2 ★★★★★ 4.5Pro - Challenges - 2-Steps 100K$100K2-Step6%|6%3%6% Static1:0.580%Weekly$466$46.60 / $10KVisit
For Traders4.0Fast - 1-Step 100K$100K1-Step9%3%6% Trailing bal.1:0.6780%Bi-weekly$469$46.90 / $10KVisit
Equity Edge4.0 ★★★★★ 4.2Swift 2-Step - 100K$100K2-Step8%|5%4%8% Static1:0.6280%Bi-weekly$472$47.20 / $10KVisit
QT Funded3.9 ★★★★★ 3.6QT POWER - 100K$100K2-Step6%|6%4%8% Static1:0.6780%Bi-weekly$475$47.50 / $10KVisit
Instant Funding3.6IF Starter - Instant Funding 100K$100KInstantnone2%4% Static—90%Daily$484$48.40 / $10KVisit
Funded Trading Plus4.1Activation - 1-step 100K$100K1-Step2%4%6% Static1:380%Bi-weekly$4+ $489 on pass$0.40 / $10KVisit
For Traders4.0Pay After Pass - 1-Step 100K$100K1-Step2%3%6% Trailing bal.1:380%Daily$9+ $486 on pass$0.90 / $10KVisit
Fintokei4.2 ★★★★★ 4.4SwiftTrader - 1-Step - 100K$100K1-Step6%2%3% Static1:0.590%Bi-weekly$499$49.90 / $10KVisit
WSFunded3.8 ★★★★★ 4.3Instant Funded Pro - 100K$100KInstantnone3%5% Intraday trail—80%Bi-weekly$499$49.90 / $10KVisit
ThinkCapital3.7Dual Step Intraday Challenge - 2-…$100K2-Step9%|5%4%7% Static1:0.580%Bi-weekly$499$49.90 / $10KVisit
ThinkCapital3.7Lightning Challenge - 1-Step 100K$100K1-Step10%3%6% Trailing bal.1:0.680%Bi-weekly$499$49.90 / $10KVisit
Instant Funding3.6One Phase Lite - 1-Phase 100K$100K1-Step9%4%6% Trailing bal.1:0.6780%Weekly$500$50 / $10KVisit
Nordic Funder3.8 ★★★★★ 3.22-Phase Evaluation - 2-Steps 100K$100K2-Step10%|5%4%8% Static1:0.5380%30 days$525$52.50 / $10KVisit
Equity Edge4.0 ★★★★★ 4.2Legacy 1-Step - 100K$100K1-Step10%4%6% Trailing eq.1:0.680%Bi-weekly$526$52.60 / $10KVisit
Hantec Trader3.9 ★★★★★ 4.3Express Program - 1- Step 100K$100K1-Step10%5%6% Trailing bal.1:0.680%Bi-weekly$529$52.90 / $10KVisit
WSFunded3.8 ★★★★★ 4.3Ultra Two Phase - 100K$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$529$52.90 / $10KVisit
WSFunded3.8 ★★★★★ 4.3Rapid One Phase - 100K$100K1-Step10%4%6% Static1:0.680%Bi-weekly$529$52.90 / $10KVisit
Trade The Pool3.7 ★★★★★ 4.4Day Trade Flex - 1-Step - 100K$100K1-Step6%2%4% Static1:0.6770%Bi-weekly$545$54.50 / $10KVisit
Fintokei4.2 ★★★★★ 4.4Pro Trader - 2Phase Evaluation - …$100K2-Step8%|6%5%10% Static1:0.7180%Bi-weekly$549$54.90 / $10KVisit
Funded Trading Plus4.1Express - 1 Step 100K$100K1-Step10%4%6% Trailing1:0.680%Daily$549$54.90 / $10KVisit
Funded Trading Plus4.1Classic - 2-Steps 100K$100K2-Step7%|7%4%8% Static1:0.5780%Bi-weekly$549$54.90 / $10KVisit
Leveraged4.0Turbo Trade - 1-step - 100K$100K1-Step6%3%6% Trailing bal.1:180%Bi-weekly$8.88+ $540 on pass$0.89 / $10KVisit
Leveraged4.0Senior - 2-step - 100K$100K2-Step5%|8%5%10% Static1:0.7780%Bi-weekly$549$54.90 / $10KVisit

The 7 best picks, reviewed

1The5ers logo

The5ers

4.4 our score · ★★★★★ 4.7 Trustpilot
Visit
Account
$100K High Stakes Challenge · 2-Step
Target
8% / 5%
Loss limits
4% daily · 8% max (static)
Split · payouts
80% · bi-weekly
List price
$455
Accounts on this page
21
Pros
  • Static max drawdown: the floor never moves up
  • 4.7★ on Trustpilot from 38.7K reviews
  • 10 years in operation
Cons
  • Payouts every 14 days
  • At least 3 trading days

Full review

2FundedNext logo

FundedNext

4.3 our score · ★★★★★ 4.5 Trustpilot
Visit
Account
$100K Stellar Lite Challenge · 2-Step
Target
8% / 4%
Loss limits
4% daily · 8% max (static)
Split · payouts
80% · 21 days
List price
$400
Accounts on this page
22
Pros
  • Static max drawdown: the floor never moves up
  • 4.5★ on Trustpilot from 80.4K reviews
  • 4 years in operation
Cons
  • Payouts every 21 days
  • At least 5 trading days

Full review

3FTMO logo

FTMO

4.3 our score · ★★★★★ 4.8 Trustpilot
Visit
Account
€100K Standard Challenge · 1-Step
Target
10%
Loss limits
3% daily · 10% max (end-of-day trailing)
Split · payouts
90% · bi-weekly
List price
€499
Accounts on this page
14
Pros
  • Max loss as large as the target (1:1)
  • 90% profit split
  • 4.8★ on Trustpilot from 53.3K reviews
  • 11 years in operation
Cons
  • End-of-day trailing drawdown: the floor follows your balance up
  • Payouts every 14 days

Full review

4FundingPips logo

FundingPips

4.2 our score · ★★★★★ 4.5 Trustpilot
Visit
Account
$100K Zero - Instant · Instant
Target
none
Loss limits
3% daily · 5% max (trailing (equity))
Split · payouts
95% · bi-weekly
List price
$444
Accounts on this page
27
Pros
  • 95% profit split
  • 4.5★ on Trustpilot from 69.3K reviews
Cons
  • Trailing (equity) drawdown: the floor follows your open equity up
  • Payouts every 14 days
  • At least 7 trading days

Full review

5Traders Launch logo

Traders Launch

4.3 our score · ★★★★★ 4.7 Trustpilot
Visit
Account
$100K Futures Evaluation - NYC - 80% Profit Split · 1-Step
Target
2%
Loss limits
no daily limit · 1% max (end-of-day trailing)
Split · payouts
80% · daily
List price
$99
Accounts on this page
12
Pros
  • No daily loss limit on this account
  • Daily payouts
Cons
  • End-of-day trailing drawdown: the floor follows your balance up
  • 40% consistency rule
  • At least 3 trading days
6DayTraders logo

DayTraders

4.3 our score · ★★★★★ 4.6 Trustpilot
Visit
Account
$50K S2F - Instant Funding · Instant
Target
none
Loss limits
2.5% daily · 5% max (end-of-day trailing)
Split · payouts
100% · 10 days
List price
$342
Accounts on this page
18
Pros
  • 100% profit split
Cons
  • End-of-day trailing drawdown: the floor follows your balance up
  • 20% consistency rule
7Breakout logo

Breakout

4.1 our score · ★★★★★ 4.7 Trustpilot
Visit
Account
$100K Crypto - Turbo · 1-Step
Target
9%
Loss limits
3% daily · 3% max (static)
Split · payouts
80% · daily
List price
$330
Accounts on this page
17
Pros
  • Static max drawdown: the floor never moves up
  • Daily payouts
Cons
  • Tight max loss for the target (1:0.33)

This list vs everything else

MedianOn this listAll other accounts
Accounts11051117
Profit target (total)10%10%
Max loss6%6%
Drawdown per 1% of target1:0.621:0.67
No daily loss limit19%17%
Static max drawdown49%47%
No consistency rule15%31%
Funded profit split80%80%
Payout cycle (days)145
Cost per $10K (one-time fee)$75$79.98

Medians for accounts at the firms on this page against all other accounts we track.

What the data shows

Profit targets

<5% 44 accts5–6% 225 accts6.5–8% 27 accts8.5–10% 193 accts>10% 352 accts
Accounts on this page by total profit target (1105 accounts).

Drawdown models

1105accountsStatic · 49%End-of-day trailing · 19%Trailing (balance) · 18%Trailing (equity) · 8%Intraday trailing · 4%Trailing · 2%
Static drawdown is the most forgiving; intraday trailing the strictest.

Median list price by account size (Forex)

$5K $57$10K $99$25K $200$50K $330$100K $555$200K $1,099
Median upfront list price of accounts on this page, USD-normalised; pay-after-pass accounts excluded.

Beginner score (0-100)

QT Funded 84The5ers 82Breakout 80Finotive Funding 79Equity Edge 76Fintokei 75FTMO 74Trade The Pool 74The Trading Pit 74FundedNext 73WSFunded 73Orion Funded 72
Top 12 firms without warnings by beginner score (0-100).

Full list: all 50 firms

#FirmFromStatic DDPayoutsScoreTrustpilot
1The5ers logoThe5ers$22100% of acctsBi-weekly4.44.7Visit
2FundedNext logoFundedNext$32.9982% of acctsWeekly4.34.5Visit
3FTMO logoFTMO€7964% of acctsBi-weekly4.34.8Visit
4Traders Launch logoTraders Launch$490% of acctsDaily4.34.7Visit
5DayTraders logoDayTraders$4022% of acctsDaily4.34.6Visit
6FundingPips logoFundingPips$3378% of acctsWeekly4.24.5Visit
7Fintokei logoFintokei$44100% of acctsBi-weekly4.24.4Visit
8TradeDay logoTradeDay$1000% of acctsDaily4.24.6Visit
9The Trading Pit Futures logoThe Trading Pit Futures$990% of accts5 days4.2—Visit
10Bulenox logoBulenox$940% of acctsDaily4.24.7Visit
11Hola Prime logoHola Prime$3983% of acctsBi-weekly4.14.5Visit
12Funded Trading Plus logoFunded Trading Plus$441% of acctsDaily4.1—Visit
13Lucid Trading logoLucid Trading$65.300% of acctsDaily4.14.3Visit
14Tradeify logoTradeify$990% of acctsDaily4.14.4Visit
15Breakout logoBreakout$20100% of acctsDaily4.14.7Visit
16For Traders logoFor Traders$936% of acctsDaily4.0—Visit
17Leveraged logoLeveraged$8.8855% of acctsBi-weekly4.0—Visit
18BEM Funding logoBEM Funding$3945% of acctsDaily4.0—Visit
19Topstep logoTopstep$490% of accts3 days4.03.6Visit
20FuturesElite logoFuturesElite$770% of acctsDaily4.0—Visit
21Equity Edge logoEquity Edge$1541% of acctsBi-weekly4.04.2Visit
22Atmos Funded logoAtmos Funded$534% of acctsDaily3.93.6Visit
23FXIFY logoFXIFY$1939% of accts10 days3.94.3Visit
24Orion Funded logoOrion Funded$763% of acctsBi-weekly3.94.5Visit
25Hantec Trader logoHantec Trader$1341% of acctsDaily3.94.3Visit
26Blue Guardian Futures logoBlue Guardian Futures$6425% of acctsDaily3.93.8Visit
27Alpha Futures logoAlpha Futures$890% of acctsWeekly3.94.4Visit
28FTUK logoFTUK$90% of acctsDaily3.93.8Visit
29QT Funded logoQT Funded$2.5060% of accts4 days3.93.6Visit
30Moneta Funded logoMoneta Funded$3057% of acctsDaily3.84.5Visit
31Crypto Fund Trader logoCrypto Fund Trader$4060% of accts15 days3.8—Visit
32Finotive Funding logoFinotive Funding$25100% of acctsBi-weekly3.8—Visit
33Nordic Funder logoNordic Funder$2572% of acctsBi-weekly3.83.2Visit
34FundedNext Futures logoFundedNext Futures$79.990% of acctsDaily3.84.5Visit
35WSFunded logoWSFunded$9.9972% of accts10 days3.84.3Visit
36Funded Futures Family logoFunded Futures Family$790% of accts3 days3.84.6Visit
37Top One Futures logoTop One Futures$390% of acctsDaily3.84.8Visit
38The5ers Futures logoThe5ers Futures$590% of acctsBi-weekly3.84.4Visit
39E8 Perpetuals logoE8 Perpetuals$3250% of acctsDaily3.8—Visit
40Tradeify 247 logoTradeify 247$10067% of acctsDaily3.84.1Visit
41City Traders Imperium logoCity Traders Imperium$2974% of accts—3.74.2Visit
42Trade The Pool logoTrade The Pool$4790% of acctsBi-weekly3.74.4Visit
43The Trading Pit logoThe Trading Pit$2956% of acctsBi-weekly3.7—Visit
44ThinkCapital logoThinkCapital$3960% of acctsBi-weekly3.7—Visit
45Hola Prime Futures logoHola Prime Futures$990% of accts5 days3.74.5Visit
46For Traders Crypto logoFor Traders Crypto$490% of acctsDaily3.7—Visit
47WenCrypto logoWenCrypto$5100% of accts10 days3.7—Visit
★Hash Hedge logoHash HedgeEditor's Choice$79100% of acctsBi-weekly3.74.5Visit
48Instant Funding logoInstant Funding$2531% of acctsDaily3.6—Visit
49Pipstone Capital logoPipstone Capital$4962% of acctsBi-weekly3.22.0Visit

Order: our score. ⚠ marks firms with warnings; read the review before buying.

A first challenge, step by step

Start small. A 5K–25K account costs little and has the same rules as a 100K one. Pass it first, then size up.

Pick the easiest drawdown. Static is easiest, end-of-day trailing second. Avoid intraday or equity trailing on your first account.

Risk 0.5–1% per trade. With a 5% daily limit, three bad trades at 2% each fail the day. Our guide to passing a challenge has the maths.

More prop firm lists

Related lists

FAQ

Are prop firms good for beginners?

They can be a cheap way to trade a larger account, but most traders fail their first challenge. Treat the fee as the cost of learning and start with a small, cheap account with forgiving rules.

Which prop firm is the easiest to pass?

No challenge is easy, but rules make a difference. Among firms on this page, FundingPips has a $10K 1-step account (Flex): 12% target, 3% daily loss limit, 12% static max loss, 80% split, $111: a static drawdown as large as the target.

What is the best prop firm for beginners?

By our score, The5ers. Its $100K 2-step account (High Stakes Challenge): 8% / 5% target, 4% daily loss limit, 8% static max loss, 80% split, $455.

How much does a first challenge cost?

Among the firms on this page the median cheapest account costs $39.