The cheapest prop firms (2026)
We compare each firm's cheapest $100,000 challenge, without vouchers and with at least an 80% split. Pay-after-pass models have their own list.
The list (15 firms)
| # | Firm | Score | 100K challenge from | Profit split | |
|---|---|---|---|---|---|
| 1 | 6.2/10 | $259 One-Phase Micro | 80% | Visit firm* | |
| 2 | 7.3/10 | $279.20 Two Step Pro | 90% | Visit firm* | |
| 3 | 7.2/10 | $299 Lite 2 Step | 80% | Visit firm* | |
| 4 | 7.2/10 | $299 3-Step Challenge | 80% | Visit firm* | |
| 5 | 5.0/10 | $349 Value | 80% | Visit firm* | |
| 6 | 7.2/10 | $370 3-Step Evaluation | 80% | Visit firm* | |
| 7 | 5.8/10 | $379 2-Step Plus | 80% | Visit firm* | |
| 8 | 7.3/10 | $399 Lightning | 90% | Visit firm* | |
| 9 | 6.7/10 | $405 High Stakes New | 80% | Visit firm* | |
| 10 | 6.3/10 | $409 Orion Select | 80% | Visit firm* | |
| 11 | 6.5/10 | $449 1-Step Challenge | 80% | Visit firm* | |
| 12 | 4.8/10 | $449 2-Step Core | 80% | Visit firm* | |
| 13 | 6.6/10 | $459 2-Step Pro6 | 80% | Visit firm* | |
| 14 | 6.1/10 | $466 2 Step Pro | 80% | Visit firm* | |
| 15 | 5.5/10 | $475 QT Power | 80% | Visit firm* |
List prices without discount codes, checked on 14 November 2026. Firms change prices often, so confirm on their website before you buy.
Our top 3
- Instant Funding – Lots of programs and sizes
- AquaFunded – 90% split (100% with an add-on)
- FundedElite – News, hedging, martingale and grid allowed
How we picked
We take the cheapest evaluation challenge for a $100,000 account (1-, 2- or 3-Step) with at least an 80% split.
Instant accounts and pay-after-pass don't count, because their total cost works differently. Sorted by price.
Frequently asked questions
Which prop firm is cheapest?
15 firms meet the criteria. The highest scoring are Instant Funding, AquaFunded, FundedElite.
Does cheap mean bad?
Not necessarily, but cheaper challenges often come with tighter loss limits or a trailing drawdown. Compare the target and max loss, not just the price.