Best Prop Firms for Beginners
20 firms ranked · Updated April 2026
Starting with a prop firm can be overwhelming. The best firms for beginners offer low entry costs, generous drawdown rules, simple evaluation processes, and educational resources. We scored each firm on beginner-friendliness using challenge cost, drawdown flexibility, payout speed, and TrustPilot reputation.
20
Firms
91%
Avg Max Split
$13
From
N/A
Avg TrustPilot
| # | Firm | Profit Split | Starting Price | Payout | Drawdown | TrustPilot | PFM Score | |
|---|---|---|---|---|---|---|---|---|
| 1 |
MyFundedFutures
Deal
|
90% (Rapid), 80% (Pro/Flex) | $48 | Daily / Bi-Weekly / Weekly | No daily loss limit (EOD drawd... | — | 3.5 | View |
| 2 |
Traders Launch
|
55% - 80% | $49 | Same-day (daily), ~6 hour processing | EOD only — no intraday trailin... | — | 2.5 | View |
| 3 |
Alpha Capital Group
|
80% | $40 | On Demand or Bi-Weekly | 4% static | — | 7.2 | View |
| 4 |
TradeDay
Deal
|
80% - 95% (first $10K at 100%) | $87 | Daily (from Day 1), $50 minimum | Intraday trailing / EOD traili... | — | 3.3 | View |
| 5 |
Apex Trader Funding
Deal
|
100% until $25,000 withdrawn, then 90% | $27 | 2 Per month | None | — | 3.7 | View |
| 6 |
BluSky
Deal
|
90% | $109 | Daily (Mon-Fri, ACH same-day before 11AM EST) | Trailing EOD or Static ($1,200... | — | 3.1 | View |
| 7 |
Funding Pips
Deal
|
60-100% | $32 | Weekly / Bi-weekly / On Demand / Monthly | Balance/Equity based | — | 2.5 | View |
| 8 |
The Funding Kingdom
Deal
|
Up to 95% | $24 | 30 Days / Triple Pay Day / On demand | Balance/Equity based | — | 2.9 | View |
| 9 |
FXIFY
Deal
|
Up to 90% | $47 | 14 or 30 Days | 4% static | — | 2.6 | View |
| 10 | Phidias Prop Firm Deal | 80% | $21 | Every 10 days | EOD trailing, no daily loss li... | — | 2.0 | View |
| 11 | Hola Prime Deal | 65% - 95% (varies by payout frequency) | $48 | Weekly (65%) / Bi-weekly (80%) / Monthly (95%) / On-demand (80%) | 3% (Pro) / 5% (Prime) | — | 1.9 | View |
| 12 | WeMasterTrade | Up to 90% | $45 | Daily (48hr avg processing) | 5% | — | 2.2 | View |
| 13 | The Upside Funding | Up to 90% (upgradeable to 95%) | $34 | Within 24 hours | 4% trailing (1-Step) / 4% stat... | — | 1.7 | View |
| 14 | Goat Funded Trader Deal | 80% - 100% | $68 | Bi-Weekly | 3% daily, 6% max (static) | — | 2.6 | View |
| 15 |
Phoenix Trader Funding
Deal
|
100:0 until $10,000 withdrawn, then 90:10 | $62 | 2/months | None | — | 3.8 | View |
| 16 |
Topstep
|
Up to 80% | $49 | Weekly | 2% | — | 3.7 | View |
| 17 |
Alpha Futures
Deal
|
70% to 90% | $63 | Every 14 days (Standard) / Weekly (Advanced/Zero) | 4% trailing from EOD balance (... | — | 2.3 | View |
| 18 |
Fintokei
Deal
|
50% to 100% | $71 | Every 14 Days | Equity Based / SOD / None | — | 2.5 | View |
| 19 |
Blueberry Funded
Deal
|
80% | $30 | Every 14 Days | Balance/Equity Based/EOD | — | 2.7 | View |
| 20 |
Maven Trading
|
80% | $13 | Every 10 Business Days | 2-4% EOD (varies by challenge) | — | 2.5 | View |
Active Deals
Frequently Asked Questions
Can beginners use prop firms?
Yes. Many prop firms are designed for newer traders with simple 1-step evaluations, generous rules, and low entry costs. Just make sure you have a basic trading strategy first.
How much does it cost to start?
You can start a prop firm challenge for as little as $10-50 with active promo codes. The cheapest options are typically smaller account sizes ($5K-$25K).
What should beginners look for in a prop firm?
Low challenge cost, no daily drawdown limit, generous profit targets (8-10%), bi-weekly or faster payouts, and a TrustPilot score above 4.0.
Compare these firms side by side
Use our interactive tools to compare challenge pricing, drawdown rules, and find the perfect fit.