Best Prop Firms for Beginners
20 firms ranked · Updated May 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
$5
From
4.5
Avg TrustPilot
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| # | Firm | Profit Split | Starting Price | Payout | Drawdown | TrustPilot | PFM Score | |
|---|---|---|---|---|---|---|---|---|
| 1 |
|
80% | $39 | On-demand (within 48h) | None on Classic/Spark evaluati... | 4.6 (243) | 7.4 | View |
| 2 |
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Up to 90% | $34 | Fast payouts (on-demand) | 1-Step: no daily, 4% trailing... | 4.8 (43) | 7.1 | View |
| 3 | DayTraders | 100% (Eval/Pro), 80/20 (Straight to Live) | $30 | Daily (S2L), 8 Qualifying Days (Eval/Pro), 10 Qualifying Days (S2F) | Varies by plan: NONE (Trail/St... | 4.6 (434) | 7.9 | View |
| 4 |
|
80% (up to 95% with add-on) | $29 | First on-demand, then bi-weekly | 3% (1-Step / Instant) or 5% (2... | 4.5 (183) | 6.8 | View |
| 5 |
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Up to 90% to the trader | $59 | Daily | Trailing (EOD) on Launch, Prop... | 4.8 (832) | 7.9 | View |
| 6 |
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90% | $99 | On-demand (after 6 trading days, $150 min/day, 35% consistency) | None (Trailing Max Drawdown on... | 4.6 (176) | 6.8 | View |
| 7 |
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Up to 100% (90/10 split after per-payout caps) | $49 | Bi-weekly | None (no daily loss limit on e... | 4.5 (290) | 7.3 | View |
| 8 | Velotrade | 80-90% (90% with +10% add-on) | $35 | On-demand | 3-5% daily; max drawdown 3% (S... | 4 (8) | 5.6 | View |
| 9 |
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Pro: 50% (payouts 1-2) -> 80% (3+); Legacy: 75% (payouts 1-2) -> 80% (3+) | $25 | Bi-weekly | Pro: None (trailing max loss).... | 4.5 (81) | 6.2 | View |
| 10 |
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90% | $59 | On-demand (no daily limit; processed within 24h) | Basic: None (Trailing Max DD o... | 4.6 (24) | 7.0 | View |
| 11 |
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Up to 100% | $48 | On Demand | EOD (Signature) / Dynamic (E8... | 4.4 (3,237) | 7.7 | View |
| 12 |
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80% (Builder/Pro/Flex), 90% (Rapid) | $109 | Daily (Rapid), Every 48h (Builder), Bi-weekly (Pro), Weekly (Flex) | No daily loss limit on Rapid/P... | 4.9 (17,493) | 8.4 | View |
| 13 |
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90% | $79 | Every 14 days (Standard) / Weekly (Advanced/Zero) | None (Premium/Advanced); Daily... | 4.9 (3,613) | 7.6 | View |
| 14 |
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55% or 80% profit split | $20 | Same-day payouts | EOD drawdown for futures (no i... | 4.7 (67) | 6.5 | View |
| 15 |
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90% (100% on first $15K for Growth/Lightning) | $65 | Daily (Select Daily) or every 5 winning days (Select Flex), 7-day cycle others | EOD trailing drawdown. Growth... | 4.6 (2,728) | 8.0 | View |
| 16 |
|
80% | $39 | Weekly | 4.5% (Classic Normal $5K plan) | 4.2 (212) | 5.9 | View |
| 17 |
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80% | $5 | Bi-weekly | 3-4% (varies by program); Stat... | 4.3 (67) | 6.1 | View |
| 18 |
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90% (100% on first $10,000) | $65 | Same-day (Bank Wire) / Weekly (Crypto, capped) | No Daily Loss Limit | 4.5 (2,514) | 7.3 | View |
| 19 |
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95% | $87 | Daily | Trailing Max Drawdown | 4.6 (1,350) | 8.1 | View |
| 20 |
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Up to 100% | $29 | On Demand | 1-Step: 3% daily/6% trailing |... | 3.1 (1,373) | 6.6 | View |
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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.