🔍 What Are Prop Trading Firms?
A prop firm gives traders access to capital after they pass a trading evaluation or challenge. You use the firm’s money to trade, and in return, you split the profits—typically 70% to 90% goes to the trader.
These firms are popular among traders who:
Don’t want to risk their own funds
Are confident in their trading strategy
Want access to large capital to scale up
🧮 How to Determine “Cheap” in a Prop Firm
When evaluating cost-effectiveness, consider:
| Factor | What It Means |
|---|---|
| Challenge Fee | One-time cost to take the evaluation |
| Monthly Fee | Recurring subscription for account access |
| Refund Policy | Do they refund fees after passing? |
| Scaling Plan | Do they increase your capital over time? |
| Profit Split | How much profit do you keep? |
🏆 Cheapest Prop Firms in 2025
Here are the most affordable prop firms that still offer competitive payouts, rules, and support.
1. MyFundedFX
Challenge Fee: From $49 (for a $5K account)
Refund: Yes, if you pass
Profit Split: Up to 85%
Scaling: Yes
Assets: Forex, indices, crypto, commodities
✅ Why it’s cheap: One of the lowest entry points in the industry
✅ Great for: Beginner forex traders wanting to start small
2. FundedNext
Challenge Fee: From $39 (for $6K model)
Refund: Yes, after first payout
Profit Split: Up to 90%
Scaling: Aggressive scaling plan available
✅ Why it’s cheap: Affordable monthly or one-time plans
✅ Great for: Traders looking for high payout potential
3. The5ers
Fee: Starts at $39/month (Bootcamp model)
Refund: Yes (after passing)
Profit Split: 50–75%
Scaling: Yes (scales to $1M+)
✅ Why it’s cheap: Unique low-fee subscription model
✅ Great for: Swing and position traders
4. Lux Trading Firm
Challenge Fee: From €139 (for €25K account)
Refund: Yes, full refund after live phase
Profit Split: Up to 75%
Scaling: Yes, up to €10M
✅ Why it’s cheap: Generous refund + no time limit for some programs
✅ Great for: Traders looking for a more institutional experience
5. True Forex Funds
Challenge Fee: From €89 (for €10K account)
Refund: Yes, if you pass
Profit Split: 80–90%
Scaling: Yes
✅ Why it’s cheap: High-quality platform with fair rules
✅ Great for: Experienced traders who want value
🧠 Tips for Choosing a Cheap Prop Firm (Without Sacrificing Quality)
Look for Refunds: Many “cheap” firms refund the challenge fee after you pass.
Avoid Red Flags: Extremely cheap firms might lack support, have unfair rules, or be scams.
Check Reviews: Use sites like Trustpilot and Reddit for real trader experiences.
Understand the Rules: Know the drawdown limits, trading days required, and payout cycles.
Use Demo Challenges First: Practice with demo challenges or cheap accounts before committing.
⚖️ Price Comparison Table (2025)
| Prop Firm | Starting Fee | Profit Split | Refundable? | Scaling Available |
|---|---|---|---|---|
| MyFundedFX | $49 | Up to 85% | ✅ | ✅ |
| FundedNext | $39 | Up to 90% | ✅ | ✅ |
| The5ers (Bootcamp) | $39/month | 50–75% | ✅ | ✅ |
| Lux Trading Firm | €139 | Up to 75% | ✅ | ✅ |
| True Forex Funds | €89 | Up to 90% | ✅ | ✅ |
✍️ Final Thoughts
Getting funded doesn’t have to break the bank. The cheapest prop firms of 2025 offer low-cost entry points, generous profit splits, and strong refund policies—ideal for beginners or budget-conscious traders.
💡 Pro tip: Don’t just chase the cheapest fee—choose a firm that aligns with your strategy, trading style, and goals.
🎯 Ready to Get Funded?
Start your journey with a small challenge or a bootcamp model. Build consistency, prove your edge, and trade with confidence—on someone else’s capital.
