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.

If you want more options, check out all the prop firms listed on TFH.

Cheapest Prop Firms

1. FundingPips

CFD prop firm overview & details
Headquarters UAE
Founded 2022
Max Allocation $300,000
Trustpilot 4.5/5
Take Challenge Read Full Review

Firm Overview

  • Max allocation: $300,000
  • Payout split: 80–90%
  • First payout: 14–30 days

TFH Score

4.5/5

Our editorial score factoring rules, pricing, user sentiment, and support.

We start the list with the cheapest prop firm and yet, one of the most reliable ones currently available: FundingPips. If you’re 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)

FundingPips‘ 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
  • Max Daily Loss: 6%
  • Max Overall Loss: 6%
  • Leverage: 1:100

As mentioned above, FundingPips offers several challenge types with pricing that starts from $26. To explore all models and conditions in detail, check out our full FundingPips review, where we’ve covered everything from A to Z. 

2. FundedNext

CFD prop firm overview & details
Headquarters UAE
Founded 2022
Max Allocation $300,000
Trustpilot 4.5/5
Take Challenge Read Full Review

Firm Overview

  • Launched in 2022 (Ajman, UAE)
  • Profit split up to 95% (program-dependent)
  • Fast payouts (24-hour reward guarantee)
  • CFDs & a separate Futures brand

TFH Score

4.8/5

Editorial score factoring rules, pricing, user sentiment, and support.

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.

3. OFP Funding

CFD prop firm overview & details
Headquarters UK
Founded 2022
Max Allocation $300,000
Trustpilot 3.2/5
Take Challenge Read Full Review

Firm Overview

  • Launched in 2022 in St. Lucia, headquarters in UK
  • Instant-style funding & customizable account options
  • Profit split up to 100% (program-dependent)
  • Account sizes up to $300,000

TFH Score

4.1/5

Editorial score factoring rules, pricing, user sentiment, and support.

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.

4. Maven Trading

CFD prop firm overview & details
Headquarters UK
Founded 2022
Max Allocation $200,000
Trustpilot 4.6/5
Take Challenge Read Full Review

Firm Overview

  • Founded in 2022 (registered in the UK)
  • Profit split: 80% (typical across programs)
  • Payouts every 10 business days
  • Scaling potential up to $1,000,000

TFH Score

4.4/5

Editorial score factoring rules, pricing, user sentiment, and support.

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.

5. Phidias Propfirm

Futures prop Firm Overview and Details
Headquarters UK
Founded 2023
Max Allocation 15 accounts
Trustpilot 4.0/5
Take Challenge Trustpilot

Firm Overview

  • Futures-focused funded programs (CME & major exchanges)
  • Profit split: 80% (typical across programs)
  • Payouts available on a recurring schedule after eligibility
  • Scaling potential up to 15 accounts per trader

TFH Score

4.1/5

Editorial score based on rules, pricing, user sentiment, and support.

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.

6. Goat Funded Trader

Goat Funded Trader: A Cheap Prop Firm

One of the most affordable prop firms you can try is GOAT Funded Trader. Founded in 2023 and headquartered in Hong Kong, this firm provides traders with funding to trade forex pairs, stocks, ETFs, and cryptocurrencies.

GOAT Funded allows traders to manage up to $2 million in capital and offers a 100% payout on demand. The firm has five types of evaluation plans:

  • One-Step
  • Two-Step
  • Three-Step
  • Instant
  • GOAT BLITZ (a special fast-track plan)

The lowest starting price is just $17, available under the Two-Step Plan. Here’s a breakdown of how that plan works: The Two-Step Plan comes in three models: GOAT (most popular), Standard, and Pro, all starting at $17.

If you choose the GOAT Model, you’ll need to pass two evaluation phases before receiving a funded account. Below are the main conditions:

  • Profit Targets: 8% (Phase 1) and 6% (Phase 2)
  • Daily Drawdown: 4% (applies to both phases and funded account)
  • Maximum Drawdown: 10% (applies to both phases and funded account)
  • Trading Period: No time limit
  • Reward Schedule: Bi-weekly or on demand
  • Leverage: Up to 1:100
  • Profit Split: Starts from 80%
  • Account Sizes: $5K, $8K, $15K, $25K, $50K, $100K, $150K
  • Pricing: $17, $39, $68, $103, $201, $306, $460

If you’d like to explore more details or try this firm, visit the GOAT Funded Trader official website.

7. AquaFunded

Is AquaFunded one of the cheapest prop firms?

AquaFunded is another great choice if you’re looking for an affordable and flexible prop firm. Founded in 2025 and headquartered in the UAE, it allows traders to trade Forex, Indices, Metals, and Crypto. The company has already grown to over 51,000 traders worldwide, with total rewards reaching $4.1 million and the highest individual payout of $119,175.

AquaFunded offers 1-step, 2-step, and 3-step challenges, as well as an Instant Funding option for those who prefer to skip the evaluation process and get funded immediately.

If you choose the Two-Step Plan (Pro Model), you can start with just $23, and after passing the evaluation, you’ll receive a $5K funded account.

Here are the main conditions for this plan:

  • Trading Period: No time limit
  • Profit Targets: 10% (Step 1), 5% (Step 2)
  • Maximum Daily Loss: 5% (applies to all steps and funded accounts)
  • Maximum Loss: 10% (applies to all steps and funded accounts)
  • Leverage: Up to 1:50
  • Reward Schedule: Bi-weekly
  • Profit Split: 100%
  • Account Sizes: $5K, $10K, $25K, $50K, $100K, $200K
  • Pricing: $24, $45, $82, $148, $276, $555


AquaFunded also offers a Standard Model for the same two-step evaluation, starting at $34.

Here are the details:

  • Trading Period: No time limit
  • Profit Targets: 8% (Step 1), 5% (Step 2)
  • Maximum Daily Loss: 5% (applies to all steps and funded accounts)
  • Maximum Loss: 8% (applies to all steps and funded accounts)
  • Leverage: Up to 1:100
  • Reward Schedule: Bi-weekly
  • Profit Split: 100%
  • Account Sizes: $5K, $10K, $25K, $50K, $100K, $200K
  • Pricing: $34, $61, $130, $190, $310, $598

Overall, AquaFunded stands out as one of the most affordable prop firms of 2025, especially for traders who want flexible evaluation options and high profit splits.

To explore more plans and details, visit the AquaFunded Official Website.

8. The5ers

The5ers pricing plan review: Is this prop firm cheap?

The5ers is another solid choice if you’re looking for one of the cheapest prop firms that supports trading Forex, Crypto, Stocks, and Commodities. Founded in 2016 and headquartered in Israel, The5ers has built a strong reputation for flexibility and reliability in the prop trading industry.

The firm offers three types of funded accounts:

  • Hyper Growth: ideal for experienced prop traders aiming to scale fast.
  • High-Stakes: best suited for risk-takers looking for larger payouts.
  • Bootcamp: designed for steady growth and long-term consistency, though it takes a bit longer to complete.

With the High-Stakes Plan, you can start with just $39 and complete a two-step challenge to earn a funded account for trading Forex, Metals, Indices, Oil, and Crypto.

Here are the main requirements for this plan:

  • Maximum Trading Period: Unlimited
  • Minimum Profitable Days: 3 days (each step)
  • Maximum Daily Loss: 5% (each step)
  • Maximum Loss: 10%
  • Profit Target: 8% (Step 1), 5% (Step 2)
  • Account Sizes: 5K, 10K, 20K, 60K, 100K
  • Pricing: $39, $78, $165, $239, $545
  • Profit Share: 80%

You can learn more about this program and other available plans on The5ers.com.

9. ICFunded

ICFunded: Cheap Prop Firm Challenges?

If you’re interested in Forex trading and looking for a reliable yet one of the cheapest prop firms, ICFunded is an excellent choice, starting at just $29.

Backed by IC Markets, the firm was founded in 2024 and is headquartered in Hong Kong. ICFunded offers both one-step and two-step evaluation models, allowing traders to choose a plan that fits their goals and experience level.

The One-Step Evaluation Model, which starts at only $29, comes with the following rules:

  • Trading Period: No limit
  • Minimum Trading Days: 5
  • Profit Target: 10%
  • Maximum Daily Loss: 5% (for all account sizes)
  • Maximum Loss: 6% (for all account sizes)
  • Leverage: 1:20 on FX/Gold
  • Account Sizes: $5K, $10K, $25K, $50K, $100K, $250K
  • Pricing: $29, $59, $148, $190, $297, $595, $1,487

The details above cover just one of ICFunded’s evaluation options. You can explore additional plans and information on the ICFunded original website.

10. Blueberry Funded

Blueberry Funded: Cheap yet reliable prop trading firm

Blueberry Funded is another strong contender among the cheapest prop firms, backed by the well-known brokerage Blueberry Markets. Founded in 2024 and headquartered in Australia, the firm has already attracted nearly 2 million users worldwide. Its name comes directly from Blueberry Markets, a globally recognized brokerage brand.

Blueberry Funded allows traders to trade Forex and Futures with up to $2,000,000 in simulated funding. You can earn this funding by completing various challenges, or skip them altogether through their Instant Funding option.

You can start trading with as little as $25, available through their Synthetic Program for Forex traders.

Here are the main details of the Synthetic Program:

  • Trading Period: No limit
  • Minimum Trading Days: 3
  • Profit Target: 10%
  • Maximum Total Loss: 10%
  • Maximum Daily Loss: 6%
  • Profit Share: 80%
  • Payout Frequency: Every 14 days
  • Leverage: Index (1:10), Metals/Commodities (1:10), Crypto (1:2)
  • Account Sizes: $5K, $10K, $25K, $50K, $100K, $250K
  • Pricing: $25, $50, $115, $225, $450

In addition to the Synthetic plan, Blueberry Funded also offers one-step, two-step, and instant funding models for traders with different goals and experience levels.

To explore all available programs, visit the Blueberry Funded official website.

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

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.

About the Author
Edris Derakhshi
My name is Edris, and I am the founder of TradingRage, a content creation agency focused on trading and investing. I started my trading journey back in 2018 and have since worked as a funded forex and crypto trader, as well as an asset manager. I specialize in writing SEO-optimized content for the financial industry, including landing pages, long-form articles, and market analysis — featured on well-known platforms like Finestel, CryptoQuant, and CryptoPotato. Helping traders grow with quality content is both my profession and my passion.
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