Top 7 Cheapest Prop Firms In 2025

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Looking to trade with a reliable prop firm in 2025 without breaking the bank?

I’ve curated a list of the industry’s top 7 most affordable prop trading firms today.

These firms offer such competitive pricing that you might wonder if their models are too good to be true—but rest assured, they’re legitimate.

But that’s not all.

With guaranteed payouts and top-notch trading conditions, you can trade confidently without the fear of scams.

Are you ready to pursue your trading dreams?

Let’s dive into these listings.

What are the Cheapest Prop Firms in 2025?

Even regularly winning traders may require one or two further prop firm challenges to get funded if market circumstances are not favourable for their trading methods at the time of their challenge.

Working with a low-cost prop business can save you a lot of money and problems and will ideally allow you to take on several obstacles to get the cash you need!

Steps in Choosing the Best Cheapest Prop Firm

As forex traders, it is always important to note that just because a prop business has a funded trading account or is very inexpensive does not guarantee they are the correct prop firm for you!

While selecting the Top 7 cheapest prop firms, we considered these variables. These elements are as follows:

1. Firm Reputation

With new prop businesses appearing daily, engaging with a prop firm with a long-term, established reputation in the field is critical. 

The stronger the importance, the less probable the prop firm would go out of business suddenly, leaving you high and dry with no cash!

2. Cost-effectiveness

Affordability and price are important considerations. 

If you have $500 to invest in the markets, you must avoid dealing with a prop business that charges $500 for a challenge account. 

Working with a much more economical choice would be preferable since you’ll want a second chance if you fail the task.

3. Trader Assistance

Understanding the type of help traders receive from a prop firm is critical. 

Are they providing mentoring, training materials, relevant insights, quick customer service, or just allowing traders to fend for themselves with a low-cost, outsourced live chat feature?

4. Consistency with Your Trading Strategies

The prop firm’s trading techniques must be compatible with yours. 

Also, it must be ready and calm. Some prop firms, for example, do not allow traders to keep transactions over the weekend. 

You cannot trade your techniques efficiently with that organization if you are a swing or position trader.

There are prop businesses for every trading strategy, so select the one that best matches your trading style!

5. Capital Scaling Possibilities

It is critical to consider the long term. 

Does the prop firm you’re thinking about using enable traders to open several trading accounts?

Is it possible to compound your trading account? 

Is there a method for you to develop your capital (scaling strategy) without dealing with another prop firm?

The Top 7 Cheapest Prop Firms 2023

Before we discuss the cheapest prop firms in 2023, let me bring to your notice that Willis Capital is soon to be launched and is ready to provide the cheapest and most affordable prop firm challenge prices while still providing amazing and alluring features and qualities. Join the waitlist so that you can be part of the first set of people to enjoy this facility.

Using the metrics discussed in this article, below are the 7 cheapest prop firms in 2023:

1. The Funded Trader

thefundedtrader

The Funded Trader is a trustworthy prop trading service with a TU Overall Score of 7.76 out of 10. 

Traders Union expert Anton Kharitonov can recommend this company after reviewing trading chances supplied by the company and reviews made by The Funded Trader clients on our website. 

To minimize excessive risks for traders, the Funded Trader puts minimal constraints on its partners. 

It now has over 6,000 partners and 500+ experts globally who teach in trading academies and are educated by The Funded Trader.

Account currency:USD
Minimum deposit:$189
Leverage:Up to 1:200
Features:Forex, indices, commodities, and gold
Margin Call / Stop Out:Not available

2. Funded Next

fundednext

Funded Next is one of the cheapest yet standard prop firms that works with people worldwide.

The site provides two funding methods and ten programs, allowing a trader to keep up to 90% of his net earnings. 

The famous T4 platform is used for all trading. Other trading platforms are now unavailable. 

However, MT5 will be accessible shortly. 

Funded Next has developed a customised mobile app that allows a partner to control his trading activity from his smartphone. 

Overall, the company’s circumstances are excellent. It works with a reputable broker and is suggested for collaboration.

Accepted currency:USD
Minimum deposit:$99
Leverage:Up to 1:100
Spread: No
Instruments:Currencies, indices, and commodities
Margin Call / Stop Out: No

3. FTMO 

ftmo

FTMO is a private trading firm that offers funds to potential traders who pass their evaluation procedure.

FTMO functions by providing a financial challenge comprising two evaluation stages: the FTMO Challenge and the Verification stage. 

These stages are intended to assess a trader’s capacity to earn profits consistently while following particular regulations and risk management requirements. 

After completing both phases successfully, a trader becomes an FTMO-funded trader and receives a funded trading account of up to $400,000 ($2M with a scaling plan).

Accepted Currency:USD, EUR, GBP, CZK, CAD, AUD, CHF
Minimum deposit:From €155
Leverage:Up to 1:100
Spread:No data
Instruments:Currency pairs, stocks, stock indices, commodities, cryptocurrencies
Margin Call / Stop Out:No data

4. The SurgeTrader

surgetrader

SurgeTrader is a prop trading firm incorporated under Surge Funding, LLC. 

This firm offers clear regulations and a streamlined approach to sponsored trading.

SurgeTrader is relatively straightforward compared to other prop businesses (which frequently have a multi-step assessment procedure). 

SurgeTrader is outstanding on the surface, supporting practically any type/step of trading activity and establishing explicit trading criteria (such as maximum trailing drawdown and a defined profit objective).

Account currency:No data
Minimum deposit:USD 250 
Leverage:10:1 with an upgrade to 20:1 on forex and metals
Spread:From 1 point
Instruments:Currency pairs, cryptocurrencies, commodity market assets, stock assets
Margin Call / Stop Out:No data

5. InstaForex

instaforex

For traders of every degree of expertise, InstaForex is the finest solution. 

A big pool of non-standard technology alternatives for more accurate analysis is available to active professional traders. 

There are favourable beginning circumstances for inexperienced traders, such as a $1 minimum deposit under FSC supervision and a $200 minimum deposit with a broker registered by CySEC.

For investors, there are PAMM accounts and social trading.

Accepted CurrencyFSC – USD, EUR, RUB. CySEC – EUR, USD, PLN, CZK, GBP (GBP -only for accounts on МТ5).
Minimum deposit:FSC – $1. CySEC – €200/€1
Leverage:FSC – up to 1:1000. CySEC: leverage is up to 1:30 for retail traders and 1:500 for professionals.
Spread:FSC – from 0-0.3 pips subject to the account type. CySEC – from 0 pips subject to the asset type.
Instruments:FSC – currency pairs, stocks, indices, metals, oil and gas, commodity futures, cryptocurrencies, and InstaFutures. CySEC – currency pairs, commodities, cryptocurrencies, synthetic stocks and ETFs, and stocks at IPO.
Margin Call / Stop Out:FSA – 30%/10%. CySEC – 100%/50%

6. The Elite Trader Funding

elitetraderfunding

You may get the most value in future assessments with end-of-day drawdown through Elite Trader Funding’s EOD program. 

The daily drawdown limitations imposed by previous EOD drawdown systems can be replaced with one-step assessments with a single aggregate trailing drawdown at a lower cost.

Accepted CurrencyFSC, USD and EUR
Leverage10:1 with an upgrade to 20:1 on forex and metals
Minimum Deposit150 USD
Spread:From 1 point
Instruments:Currency pairs, cryptocurrencies, commodity market assets, stock assets

7. Audacity Capital

audacitycapital

Professional forex traders are financed by Audacity Capital, which also gives them access to additional trading resources. 

Traders apply for employment, provide information about their trading background and methods, and are then invited to London for a face-to-face interview. 

Every time a trader hits their 10% profit objective, their accounts are improved progressively. 

Instead of using individual brokers, the firm leverages institutional liquidity providers.

Accepted currency:

USD, FCS, EUR

Minimum deposit:$100
Leverage:Up to 1:100
Features Android, Desktops, and iOS apps
Spread: Yes
Instruments:Currencies, indices, and commodities
Margin Call / Stop Out: No

FAQs

Are Forex Prop Trading Firms Trustworthy?

Yes, most forex prop trading businesses are trustworthy; the forex prop trading market is a recent growth in the industry. 

A forex trading firm offers cash for traders after several demo trials (typically two phases) and then shares earnings with them at an agreed ratio/percentage.

How do Forex Prop Firms Make their Profits?

It is believed that most prop companies benefit by executing transactions on behalf of prop traders and receiving a percentage of the profits from financed traders.

Conclusion

Navigating the world of forex trading doesn’t have to be financially overwhelming, especially when exposed to information like this. 

The Top 7 Cheapest Prop Firms of 2023 offer diverse opportunities, from The Funded Trader’s affordability to FTMO’s unique evaluation process. 

Regardless of your trading style or experience level, these firms can help you pursue success without breaking the bank. 

Happy trading!

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