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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
$20 From
4.4 Avg TrustPilot
# Firm Profit Split Starting Price Payout Drawdown TrustPilot PFM Score
1 Phoenix Trader Funding Deal 80% $39 14d cheapest price trend: +$0.00 over 14 points On-demand (within 48h) None on Classic/Spark evaluati... 4.6 (243) 7.4 14d PFM score trend: +4.1 over 14 points View
2 BluSky Deal Up to 90% to the trader $59 14d cheapest price trend: +$0.00 over 14 points Daily Trailing (EOD) on Launch, Prop... 4.8 (832) 7.9 14d PFM score trend: +4.7 over 14 points View
3 YRM Prop 90% $99 14d cheapest price trend: +$0.00 over 14 points On-demand (after 6 trading days, $150 min/day, 35% consistency) None (Trailing Max Drawdown on... 4.6 (176) 6.8 14d PFM score trend: +0.00 over 14 points View
4 FuturesElite Up to 100% (90/10 split after per-payout caps) $49 14d cheapest price trend: +$0.00 over 14 points Bi-weekly None (no daily loss limit on e... 4.5 (290) 7.3 14d PFM score trend: +0.80 over 14 points View
5 Velotrade 80-90% (90% with +10% add-on) $35 14d cheapest price trend: +$0.00 over 14 points On-demand 3-5% daily; max drawdown 3% (S... 4 (8) 5.6 14d PFM score trend: +0.00 over 14 points View
6 ATFunded Pro: 50% (payouts 1-2) -> 80% (3+); Legacy: 75% (payouts 1-2) -> 80% (3+) $25 14d cheapest price trend: +$0.00 over 14 points Bi-weekly Pro: None (trailing max loss).... 4.5 (81) 6.2 14d PFM score trend: +0.50 over 14 points View
7 E8 Markets Deal Up to 100% $48 14d cheapest price trend: +$0.00 over 14 points On Demand EOD (Signature) / Dynamic (E8... 4.4 (3,237) 7.7 14d PFM score trend: +4.9 over 14 points View
8 MyFundedFutures Deal 80% (Builder/Pro/Flex), 90% (Rapid) $109 14d cheapest price trend: +$61.0 over 14 points Daily (Rapid), Every 48h (Builder), Bi-weekly (Pro), Weekly (Flex) No daily loss limit on Rapid/P... 4.9 (17,493) 8.4 14d PFM score trend: +5.2 over 14 points View
9 Alpha Futures Deal 90% $79 14d cheapest price trend: +$15.8 over 14 points Every 14 days (Standard) / Weekly (Advanced/Zero) None (Premium/Advanced); Daily... 4.9 (3,613) 7.6 14d PFM score trend: +4.9 over 14 points View
10 Traders Launch 55% or 80% profit split $20 14d cheapest price trend: +$0.00 over 14 points Same-day payouts EOD drawdown for futures (no i... 4.7 (67) 6.5 14d PFM score trend: +4.1 over 14 points View
11 Tradeify 90% (100% on first $15K for Growth/Lightning) $65 14d cheapest price trend: $-34.0 over 14 points Daily (Select Daily) or every 5 winning days (Select Flex), 7-day cycle others EOD trailing drawdown. Growth... 4.6 (2,728) 8.0 14d PFM score trend: +4.2 over 14 points View
12 BEM Funding 80% $39 Weekly 4.5% (Classic Normal $5K plan) 4.2 (212) 5.9 14d PFM score trend: +0.00 over 14 points View
13 TradeDay Deal 95% $87 14d cheapest price trend: +$0.00 over 14 points Daily Trailing Max Drawdown 4.6 (1,350) 8.1 14d PFM score trend: +5.3 over 14 points View
14 Aqua Funded Deal Up to 100% $29 14d cheapest price trend: +$0.00 over 14 points On Demand 1-Step: 3% daily/6% trailing |... 3.1 (1,373) 6.6 14d PFM score trend: +3.8 over 14 points View
15 Alpha Capital Group Deal Up to 80% $50 14d cheapest price trend: +$0.00 over 14 points Bi-weekly or on-demand 4-5% daily, 6-10% total (varie... 4.7 (18,792) 8.6 14d PFM score trend: +1.7 over 14 points View
16 Funding Pips Deal 60-100% $29 14d cheapest price trend: +$0.00 over 14 points Weekly (Tuesday) Varies: 3-5% daily, 5-10% max 4.5 (52,621) 8.0 14d PFM score trend: +5.1 over 14 points View
17 Blueberry Funded Deal 80% (up to 90% scaled) $30 14d cheapest price trend: +$5.0 over 14 points 14 Days (7 Day & On Demand Available) 1-Step: 4% daily/6% max | Prim... 3.2 (1,487) 6.5 14d PFM score trend: +3.6 over 14 points View
18 Quant Tekel (Ascendx) Deal 80% (up to 90%) $26 14d cheapest price trend: +$0.00 over 14 points Bi-weekly (Prime) / On-demand (Instant, Power) 3-4% daily, 6-10% max (varies... 4.3 (12,362) 7.7 14d PFM score trend: +4.9 over 14 points View
19 City Traders Imperium Deal 80-100% $27 14d cheapest price trend: +$0.00 over 14 points On-demand (first after 14 days, then anytime) None (1-Step), 5% (2-Step), va... 6.1 14d PFM score trend: +2.9 over 14 points View
20 Lark Funding Deal 80% (up to 90%) $50 14d cheapest price trend: +$0.00 over 14 points Bi-weekly (14 days) Static, varies by program, 5-8... 4.4 (611) 7.4 14d PFM score trend: +4.9 over 14 points View

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.

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