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Best Prop Trading Firms by Pricing
Costs can add up quickly in prop trading. This page shows you which firms offer the best value across evaluations, fees, and payouts.
Finding the right prop trading firm isn’t just about strategy support or platform features, it’s also about pricing. Whether you’re a beginner or a seasoned trader, understanding what you’re paying for (and what you’re getting) is key.
This page helps you compare prop firms based on how they price their programs. From upfront evaluation fees to hidden costs and refund policies, get a full picture of which firms offer the most value for your investment. Use the help of real Myfxbook traders’ feedback to choose a firm that aligns with your goals and your budget.
Why Should I Compare Prop Trading Firms by Price?
Pricing directly affects your bottom line as a trader. A lower evaluation fee or a better refund policy can mean more chances to qualify for funding and less financial pressure upfront.
Comparing pricing also helps you avoid hidden costs, unexpected resets, or subscription models that affect your profits. The right pricing structure sets the tone for a fair and supportive trading environment.
What Are the Most Common Costs When Joining a Prop Firm?
Most firms charge:
- Challenges or Evaluation Fees: A one-time payment to join the assessment phase.
- Reset Fees: Charged if you fail a challenge and want to try again.
- Monthly Subscriptions: Some firms offer recurring models instead of one-time fees.
- Add-On Services: Includes features like account scaling, priority support, or additional accounts.
Be sure to also check for withdrawal fees, data fees, or platform access costs that may not be listed upfront.
How Much Do Most Prop Trading Challenges Cost?
Pricing varies widely between firms and is usually based on the account size and evaluation model. For example, a $10,000 challenge may start around $50–$100, while a $200,000 challenge could cost $800 or more.
Firms offering one-phase evaluations may charge more upfront, while two-step models are often cheaper but more time-consuming. It’s important to compare what each fee includes, not just the cost amount.
Are Any Prop Firms Truly “No Fee” or Free to Join?
Some firms advertise “no upfront cost” or “free trials,” but most of these still come with conditions, such as performance milestones or verification steps, before funding is granted.
A few offer refundable fees if you pass the challenge, which can feel like a free option, but it’s still best to read the terms closely to understand what’s required.
Do All Prop Firms Offer Refunds?
Not all firms refund your challenge fee, and those that do often tie it to performance milestones, like passing the evaluation or earning your first profit payout.
Some firms refund the full amount, while others credit it back as part of your funded account earnings. Make sure to check refund timelines and conditions, especially if budget is a concern.
How Can I Know If a Prop Firm’s Pricing Is Fair?
Use this page and explore reviews from real Myfxbook traders and look for firms that offer:
- Transparent pricing breakdowns
- Refunds or incentives for successful traders
- No unexpected fees after signup
- A track record of treating traders fairly
Fair pricing isn’t just about being cheap; what matters most is value for money.