Cheapest Prop Firms in 2025: Low Costs, High Potential
Most traders waste money on overpriced prop firms. Don’t be like most traders! Forget $500 evaluations and find the cheapest prop firms that meet all your trading needs! Want to see your options? Let’s get started.
- Last Update:June 15, 2025
Cheapest Prop Firms in the World: Summary
1. Maven Prop Firm
| Founded | 2022 |
| Headquarters | London - Portland |
| Evaluation Model | 3 Evaluation Challenges + Two Instant Models |
| Maximum Allocation | $200,000 |
| Profit Split | Starts from 80% |
| Instruments | CFDs (Forex, cryptocurrencies, commodities, indices, and metals) |
TFH Verdict
Maven Prop Firm is one of the most affordable yet reliable options for prop traders. Maven offers impressively low-cost challenges—starting at just $13 for its unique three-step model—without compromising on quality or trader support. You can also skip evaluations altogether with Maven’s instant funding option. The Trustpilot rating is a solid 4.7 and you can trade on platforms like MT5, cTrader, and Match-Trader.
2. Phidias Prop FIrm
| Founded | 2023 |
| Headquarters | Gibraltar |
| Evaluation Model | Static, Fundamental, Swing, and 10K Drawdown Challenge |
| Maximum Allocation | 15 Accounts per Trader |
| Profit Split | Starts from 80% |
| Instruments | Futures |
TFH Verdict
If you’re into futures trading and looking for a cheap way to get funded, Phidias is definitely worth checking out. Launched in 2023 and based in Gibraltar’s Eurotowers, Phidias is one of the cheapest prop firms out there. Their $10K Drawdown Challenge costs a crazy low $26 at the time of writing. The rules are straightforward: no minimum trading days, up to 25 mini contracts allowed, overnight and overweek holding permitted, and a trailing EOD drawdown of $10,000. Plus, it runs on professional platforms like NinjaTrader, Sierra Chart, and Quantower.
3. FundingPips
| Founded | 2022 |
| Headquarters | Dubai, UAE |
| Evaluation Model | 1-step, 2-step, and instant funding |
| Maximum Allocation | $400,000 |
| Profit Split | Starts from 60% |
| Instruments | CFDs (Forex, Indices, Crypto) |
TFH Verdict
If you want cheap prop firm challenges with flexible options, Funding Pips is a solid pick. It’s one of the most popular firms right now, launched in 2022 and based in Dubai. You can choose from four models—Instant, One-Step, Two-Step, and Pro—with account sizes from $5K to $100K. One of the cheapest ways to start is the Pro model, where a $5K challenge costs as low as $26. The Two-Step challenge is also pretty simple, with just a 3% profit target in both phases, no time limits, and generous 6% drawdown rules. You can trade Forex, Crypto, Indices, Metals, and Energies on platforms like MT5, cTrader, MatchTrader, and TradeLocker.
4. FundedNext
| Founded | 2022 |
| Headquarters | Dubai, UAE |
| Evaluation Model | 2-step & Instant Funding |
| Maximum Allocation | $300,000 |
| Profit Split | Up to 95% |
| Instruments | CFDs(Forex, Indices, Commodities, and Crypto) and Futures (New) |
TFH Verdict
FundedNext is another solid choice if you’re looking for a cheap prop firm to get funded.It offers multiple funding models—Stellar One-Step, Stellar Two-Step, and Stellar Lite. The most affordable of the bunch is Stellar Lite, which starts at just $32 for a $5K account. This model follows a two-phase challenge with an 8% profit target in Phase 1 and 4% in Phase 2. The rules are simple: a 4% daily loss limit, 8% overall loss, and only 5 minimum trading days. You can trade CFDs and futures on platforms like MT4, MT5, cTrader, and Match-Trader, with profit splits up to 95%.
5. OFP Funding
| Founded | 2022 |
| Headquarters | Dubai, UAE |
| Evaluation Model | Instant Funding |
| Maximum Allocation | $300,000 |
| Profit Split | Up to 95% |
| Instruments | CFDs(Forex, Indices, Commodities, and Crypto) and Futures (New) |
TFH Verdict
If you’re after cheap instant funding with real trading flexibility, OFP Funding is one of the top names to know. OFP offers some of the lowest prices for instant funding challenges, starting at just $35 for a $5K account. You can trade right away with no evaluation phase, and the rules are pretty straightforward. Choose your account size (from $5K to $300K), pick your risk level (3%, 4%, or 5% daily drawdown), and start trading with up to 1:100 leverage. OFP also has a unique “Inconsistency Score” to keep traders accountable and encourage steady risk management.
Top Tips to Choose the Cheapest Prop Firm
If you’re looking for the cheapest prop firm across any market, we hope this guide has helped you so far. We’ve listed options for every market, from the cheapest instant funding prop firms to others with various challenge models. The cheapest prop firms often mean:
- Low entry cost
- Faster ROI potential
- A good opportunity for strategy testing
However, it’s important to remember that pricing isn’t everything. Even the cheapest prop firms require careful consideration. Before joining any of these firms, keep the following tips in mind:
- Check payout reliability
- Read the rules carefully
- Evaluate the trading conditions
- Check customer reviews
- Look for hidden fees
Detailed Review of the Cheapest Prop Firms in 2025
Based on the criteria we introduced above, we should now get into a more detailed top 10 list of the best prop firms in UK.
1. Maven Prop Firm
Maven is one of the most affordable prop firms available today. Founded in 2022 and legally registered in Saint Lucia, its main operational headquarters is based in London.
If you’re searching for the cheapest prop firm that still offers solid features, Maven can be a top choice. With entry costs starting at just $13, Maven provides both instant funding and challenge models, including a unique three-step challenge.
You can select account sizes from $2,000 to $100,000, and trade without any time limits on platforms such as the MetaTrader 5, cTrader, and Match-Trader.
Maven 1 Step Challenge
This challenge requires you to pass just one phase before you can start trading live.
- Profit target: 8%
- Trailing drawdown: 5%
- Daily drawdown: 3%
- Minimum profit split: 80%
- Price for $2K account size: $15
Maven 2-Step Challenge
In this model, you need to pass two phases consecutively, following the rules below:
- Profit targets: 8% (Phase 1) and 5% (Phase 2)
- Overall drawdown: 8% (static)
- Daily drawdown: 4%
- Minimum profit split: 80%
- Price for $2K account size: $19
Maven 3-Step Challenge
This is the most budget-friendly challenge, making Maven one of the cheapest prop firms currently available.
- Profit targets: 3%, 3%, 3%
- Overall drawdown: 3% (static)
- Daily drawdown: 2%
- Minimum profit split: 80%
- Price for $2K account size: $13
Maven also offers instant funding challenges, where you can start earning from day one, no challenge required. This is to say that this model allows you to trade with real capital immediately, which is great for experienced traders who want to skip the evaluation process.
For more details, pricing options, and up-to-date rules, visit the Maven Prop Firm website. You can also check customer reviews on platforms such as Trustpilot or Reddit. The Maven prop firm has a rating of 4.7 on Trustpilot.
2. Phidias
If you’re interested in futures trading and want to get funded without overspending, Phidias is a strong option to consider. Founded in 2023, the company is based in Eurotowers, Gibraltar.
Phidias is another contender for the cheapest prop firm in 2025. It provides two main models for futures trading. One model includes Static, Fundamental, and Swing account types. The other is the $10K Drawdown Challenge, which has the lowest entry cost.
At the time of writing this post, the price for the $10K Drawdown Challenge is only $26. The trader who earns the highest profit by the end of the month, without exceeding the drawdown, wins a $10,000 live funded account. Here are the key trading conditions for the $10K Drawdown Challenge:
- Maximum Drawdown: $10,000 EOD (End of Day trailing)
- Max Contracts: 25 minis (or 250 micros)
- Overnight & Overweek Holding: Allowed up to 25 mini contracts
- Minimum Trading Days: None
- Supported Platforms: NinjaTrader, Sierra Chart, Quantower, Bookmap, ATAS
Please note that the $26 mentioned above is a sale price at the time we are writing this guide. Prices may change, so we highly recommend checking the latest rates and other account options directly on the official Phidias Prop Firm website. You can find c
3. FundingPips
By now, you’ve seen some of the cheapest prop firms currently available. If you’re still looking for flexible trading options with competitive pricing, Funding Pips is worth checking out. Founded in 2022 and based in Dubai, UAE, Funding Pips aims to make trading more accessible and transparent for everyone.
Traders can choose from four unique evaluation models: Instant Mode (FundingPips Zero), One-Step, Two-Step, and the FundingPips Pro model, with account sizes ranging from $5K to $100 K.
You can trade Forex, Crypto, Indices, Metals, and Energies using platforms like MetaTrader 5 (MT5), MatchTrader, cTrader, and TradeLocker.
One of the most affordable ways to start is with the FundingPips Pro model using a $5K account, currently priced as low as $26. This model highlights Funding Pips as another top choice for the cheapest prop firm.
The Student Phase (Phase I)
Funding Pips ‘ two-step model requires you to pass the challenge in two phases. The phase one needs to trade based on these rules:
- Minimum Trading Days: 1
- Profit Target: 3%
- Time Limit: None
- Max Daily Loss: 6%
- Max Overall Loss: 6%
- Leverage: 1:100
Practitioner Evaluation Stage (Phase II)
After passing the first phase, you’ll need to pass the second phase with the rules such as:
- Minimum Trading Days: 1
- Profit Target: 3%
Time Limit: None
- Profit Target: 3%
- Max Daily Loss: 6%
- Max Overall Loss: 6%
- Leverage: 1:100
As mentioned above, Funding Pips offers several challenge types with pricing that starts from $26. To explore all models and conditions in detail, check out our full Funding Pips review, where we’ve covered everything from A to Z.
Want to know what others think? Check out reviews on Trustpilot or Reddit, it’s rated 4.7 stars on Trustpilot!
4. FundedNext
FundedNext is another option for the cheapest prop firm platforms we’d like to introduce in this post. Founded in 2022, it is headquartered in the United Arab Emirates.
Funded accounts at Funded Next are offered under the names Stellar One-Step, Stellar (Two-Step), and Stellar Lite. Among these, Stellar Lite is the most budget-friendly option, starting at $32 for a $5,000 account. This account offers a two-phase challenge on a demo account. To become a FundedNext trader, you must meet the following criteria:
- Profit Target: 8% in Phase 1, 4% in Phase 2
- Maximum Daily Loss: 4%
- Maximum Overall Loss: 8%
- Minimum Trading Days: 5
- Profit Split: Up to 95%
- Price: $32
- Assets: CFDs and Futures
- Trading Platforms: MT4, MT5, cTrader, and Match-Trader
For more details on the other rules and options at this firm, take a look at our full FundedNext Review. It is also worth checking t
5. OFP Funding
Based on our latest research, OFP Funding is another great option if you’re searching for the cheapest prop firm, especially if you’re looking for instant funding. Founded in 2022 and headquartered in London, OFP stands out as one of the cheapest instant funding prop firms available today.
At OFP, traders can start live trading immediately, with low pricing and diverse trading platform support. You can check out the key trading rules at a glance as follows:
- Account Sizes: From $5K up to $300K
- Leverage: 1:100 on all accounts
- Max Daily Drawdown: From 3%, 4%, or 5%, depending on your preferred risk level
- Max Overall Drawdown: Based on daily drawdown (e.g., a 3% daily limit means a 6% overall cap)
- Max Inconsistency Score: OFP’s consistency rule for tracking your risk and trading consistency
- Profit Split: From 26% to 95%
- Starting Price: Just $35 for a $5K account with the lowest drawdown option
You can read more about OFP Funding, including payout structures, trading restricted rules, and how to use OFP coupon codes to get even better deals, in our full OFP Funding Review.
Conclusion
All things considered, choosing the cheapest prop firm that aligns with your trading style and goals is a smart move. If the firm offers both low costs and reliable services, you’ll save money while maximizing your profit potential in a safer environment.
Above all, don’t forget to read the full prop firm reviews on Traders Fund Hub before getting started.
FAQs
What is the cheapest forex prop firm?
Funding Pips is a great option for starting forex trading with the lowest cost, and it is one of the cheapest prop firms in 2025.
What is the cheapest futures prop firm?
FundedNext’s Futures program is among the cheapest prop firm options in 2025.
What is the best and cheapest prop trading firm?
Maven is among the cheapest prop firm platforms in 2025. It offers you to start with 13$ with a three-step evaluation model.
