What is the cheapest prop firm challenge after a discount code?
Short answer: of the five firms FundedTicker tracks, the cheapest entry we can verify is Trade The Pool's Flex Evaluation at 97 USD, which becomes 87.30 USD with the code BOF7BBUJ6W. The longer answer is that three of those five firms do not publish a price we could verify, so a neat five-row "cheapest challenge" ranking is not something we can honestly give you. Here is what the data supports, and why the cheapest entry is rarely the cheapest outcome.
Affiliate disclosure: FundedTicker may earn a commission if you buy a challenge through our codes or links. This does not change the price you pay. Prop firm challenges are simulated trading accounts; passing one is never guaranteed and you can lose the fee you paid.
Entry prices in our verified data
| Firm | Lowest verified entry | After the 10% code | Markets | Checked |
|---|---|---|---|---|
| Trade The Pool | 97 USD (Flex) | 87.30 USD | Stocks, ETFs | 16 Sep 2026 |
| The5ers | 249 USD (1 Step Growth) | 224.10 USD | Forex, futures | 16 Sep 2026 |
| TradersYard | Not published | Cannot be calculated | Forex, futures | 16 Sep 2026 |
| Instant Funding | Not published (appears after login) | Cannot be calculated | Forex, crypto, futures | 16 Sep 2026 |
| YRM Prop | Not published; sales paused | Cannot be calculated | Futures | 16 Sep 2026 |
All five codes were 10% with no stated expiry at that check. Across the fourteen programs those five firms run, exactly two carry a price we read at the source. We do not print prices we have not verified, which is why three rows say so instead of guessing.
Why a five-firm ranking is not possible
Most "cheapest prop firm" articles show a full ranked table. To produce one here we would have to invent three of the five numbers, or copy them from coupon aggregators that carry no verification date. We do neither.
Two of the blanks have specific causes. Instant Funding does not display prices publicly — you see them after creating an account — and YRM Prop was not selling new accounts at all when we checked, showing "Funding Currently Unavailable". A paused firm has no price to be cheapest with.
So treat any site that ranks all five by price with suspicion: ask where each figure came from, and when.
The two we can price — and what a retry does to the gap
At face value the gap looks modest: 87.30 USD against 224.10 USD, a difference of 136.80 USD. But a challenge fee is rarely paid once. Here is the same pair with retries, using our calculator's method — with one assumption stated up front: we hold no verified reset fee for either firm, so this assumes a retry costs the same as the first attempt.
| Attempts paid for | Trade The Pool Flex | The5ers Growth | Gap |
|---|---|---|---|
| 1 (pass first time) | 87.30 USD | 224.10 USD | 136.80 USD |
| 2 (one retry) | 174.60 USD | 448.20 USD | 273.60 USD |
| 3 (two retries) | 261.90 USD | 672.30 USD | 410.40 USD |
Notice what does not happen: the ranking never flips. The cheaper entry stays cheaper at every attempt count. What changes is the size of the gap — it doubles with one retry and triples with two. Retries do not reverse a price difference, they multiply it.
That matters for how you read "cheap". A 10% code saves you 9.70 USD on the Trade The Pool entry and 24.90 USD on The5ers. One extra attempt costs you 87.30 USD or 224.10 USD. The discount is the smallest number in this calculation by an order of magnitude.
If either firm charges less for a reset than for a fresh attempt, every retry figure drops. Ask support for the reset fee before you buy — it is the most valuable unverified number on this page.
"Cheapest" is doing a lot of work in that question
Three caveats before treating 87.30 USD as the answer to anything.
They are different markets. Trade The Pool is stocks and ETFs; The5ers is forex and futures. If you trade currency pairs, the 87.30 USD account is not cheaper — it is unavailable. Cheapest-within-your-market is the only ranking that means anything.
They are different account sizes. A low entry fee usually buys a smaller simulated account. We do not hold the account size attached to either entry price, so we will not present a cost-per-unit-of-capital figure that would look precise and be invented.
Program attribution is not fully confirmed. Our data records 97 USD as the Flex Evaluation's from-price, the lowest fee visible on the site. Whether it covers Max as well was not confirmed in writing — see our Trade The Pool review.
What actually makes one challenge cheaper than another
Not the sticker price. The things that decide your total are the rules that govern whether you need a second attempt:
- Daily loss limit. The5ers 1 Step Growth carries a 3% daily loss limit alongside a 10% target and 6% maximum loss. Three percent is tight for larger positions in a single-stage evaluation, and a breach ends it.
- Drawdown method. Whether maximum loss is static or trails your equity high changes your real risk budget. We have not verified this for any firm in our data.
- Consistency rules. A cap on how much of your profit may come from your best day can delay a payout and extend how long you carry risk.
- Reset and activation fees. Unverified for all five firms, and they land exactly where it hurts — after a failure.
We could verify the rule set for just one program across all five firms: The5ers Growth. Our payout rules guide lists the questions to put to support for the rest — worth doing before paying any fee, cheap or not.
A tighter rule set on a cheaper challenge can cost more in total than a looser one on a dearer challenge. We cannot tell you which of these two is likelier to fail you: Trade The Pool's rules are unverified.
How to find the cheapest challenge for your situation
- Filter by market first. Stocks and ETFs → Trade The Pool. Forex or futures → The5ers or TradersYard. Crypto as well → Instant Funding.
- Get the real checkout figure. For the three unpriced firms this means reaching checkout, which at Instant Funding means registering first.
- Apply the code and confirm the drop. 10% should be visible in the total before you enter card details; our checkout guide covers what to do if it is not.
- Ask for the reset fee in writing. Then put it in the calculator instead of our same-price assumption.
- Run it with a realistic attempt count. The True Cost Calculator takes the fee, the discount, the resets, the reset fee and any activation fee, and returns what you would actually spend. Enter two attempts, not one; most participants do not pass first time.
Verdict
On verified data, the cheapest prop firm challenge after a discount code is Trade The Pool's Flex Evaluation at 87.30 USD with BOF7BBUJ6W; the cheapest forex or futures entry we can price is The5ers 1 Step Growth at 224.10 USD with 6QK5G. Both checked on 16 September 2026.
But the number worth optimising is neither of those. It is the total across the attempts you realistically need, and there a verified reset fee tells you more than any coupon. For a like-for-like look at the forex and futures side, see The5ers vs TradersYard.
FAQ: cheapest prop firm challenge
What is the cheapest prop firm challenge you have verified? Trade The Pool's Flex Evaluation at 97 USD, which becomes 87.30 USD with the 10% code BOF7BBUJ6W, checked on 16 September 2026. It is a stocks and ETFs account, so it only matters if you trade equities.
Why do you not list prices for all five firms? Because three of them did not publish a price we could read at the source. Instant Funding shows prices only after registration, YRM Prop had paused sales, and TradersYard's fees were not published clearly. We leave those blank rather than guess.
Is the cheapest challenge the best value? Rarely. A low entry fee with a tight daily loss limit can cost more in total than a dearer challenge you pass first time. The attempt count dominates the bill, and a 10% code is the smallest term in it.
How much does a retry change the total? On the two prices we can verify, one retry doubles the gap and two retries triples it, assuming a reset costs the same as a first attempt. Retries multiply a price difference rather than reversing it.
Do cheaper challenges have worse profit splits? Not necessarily, and we cannot compare them here: Trade The Pool's split was not verified at our check, while The5ers lists "up to 100%, varies by program". Confirm the split for your program before judging value.
Risk warning: Trading leveraged or volatile products such as forex, futures, stocks and ETFs carries a high level of risk. Prop firm challenges are simulated accounts with a non-refundable fee; most participants do not pass, and meeting a profit target does not guarantee a payout. Nothing on this page is financial advice.