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 |
|
80% | $39 | On-demand (within 48h) | None on Classic/Spark evaluati... | 4.6 (243) | 7.4 | View |
| 2 |
|
Up to 90% to the trader | $59 | Daily | Trailing (EOD) on Launch, Prop... | 4.8 (832) | 7.9 | View |
| 3 |
|
90% | $99 | On-demand (after 6 trading days, $150 min/day, 35% consistency) | None (Trailing Max Drawdown on... | 4.6 (176) | 6.8 | View |
| 4 |
|
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 |
| 5 | Velotrade | 80-90% (90% with +10% add-on) | $35 | On-demand | 3-5% daily; max drawdown 3% (S... | 4 (8) | 5.6 | View |
| 6 |
|
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 |
| 7 |
|
Up to 100% | $48 | On Demand | EOD (Signature) / Dynamic (E8... | 4.4 (3,237) | 7.7 | View |
| 8 |
|
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 |
| 9 |
|
90% | $79 | Every 14 days (Standard) / Weekly (Advanced/Zero) | None (Premium/Advanced); Daily... | 4.9 (3,613) | 7.6 | View |
| 10 |
|
55% or 80% profit split | $20 | Same-day payouts | EOD drawdown for futures (no i... | 4.7 (67) | 6.5 | View |
| 11 |
|
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 |
| 12 |
|
80% | $39 | Weekly | 4.5% (Classic Normal $5K plan) | 4.2 (212) | 5.9 | View |
| 13 |
|
95% | $87 | Daily | Trailing Max Drawdown | 4.6 (1,350) | 8.1 | View |
| 14 |
|
Up to 100% | $29 | On Demand | 1-Step: 3% daily/6% trailing |... | 3.1 (1,373) | 6.6 | View |
| 15 |
|
Up to 80% | $50 | Bi-weekly or on-demand | 4-5% daily, 6-10% total (varie... | 4.7 (18,792) | 8.6 | View |
| 16 |
|
60-100% | $29 | Weekly (Tuesday) | Varies: 3-5% daily, 5-10% max | 4.5 (52,621) | 8.0 | View |
| 17 |
|
80% (up to 90% scaled) | $30 | 14 Days (7 Day & On Demand Available) | 1-Step: 4% daily/6% max | Prim... | 3.2 (1,487) | 6.5 | View |
| 18 |
|
80% (up to 90%) | $26 | Bi-weekly (Prime) / On-demand (Instant, Power) | 3-4% daily, 6-10% max (varies... | 4.3 (12,362) | 7.7 | View |
| 19 |
|
80-100% | $27 | On-demand (first after 14 days, then anytime) | None (1-Step), 5% (2-Step), va... | — | 6.1 | View |
| 20 |
|
80% (up to 90%) | $50 | Bi-weekly (14 days) | Static, varies by program, 5-8... | 4.4 (611) | 7.4 | 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.