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Challenge Fee

Definition

The one-time payment required to enter a prop firm evaluation challenge, typically ranging from $50 to $1,100.

How It Works

Challenge fees are the primary revenue source for prop firms. The fee varies based on account size — a $10K account might cost $85, while a $200K account could cost $1,000+.

Most firms offer refundable fees (returned with your first payout after passing) and discount codes that can save 20-50%. When comparing firms, look at the total cost relative to account size.

Our Cost Calculator helps you compare challenge fees across all firms at your preferred account size.

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