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    MindedTrader

    Prop Firms for Beginners: Lowest Starting Fees

    For a first challenge, a lower entry fee limits what you can lose while you learn the rules. This list puts the cheapest listed starting fee first.

    How we built this list: Ordered by the lowest challenge fee recorded on each listing (cheapest first). Firms without a recorded fee are listed last. Trust score is shown so you can weigh price against reliability.

    1. #1

      Goat Funded Trader

      Lowest listed fee
      $22 (5K Standard)
      MindedTrader trust score
      65/100
      Profit target
      Not recorded
      Max drawdown
      6% (GOAT Model); 10% (Standard/Pro)
      Read reviewVisit Goat Funded Trader
    2. #2

      Funded Trader Markets

      Lowest listed fee
      $24
      MindedTrader trust score
      65/100
      Profit target
      8% - 10% (varies by plan)
      Max drawdown
      6% - 10%
      Read reviewVisit Funded Trader Markets
    3. #3

      Funded Squad

      Lowest listed fee
      $30
      MindedTrader trust score
      65/100
      Profit target
      6%-8%
      Max drawdown
      12%
      Read reviewVisit Funded Squad
    4. #4

      The 5ers

      Lowest listed fee
      $39 (5K High Stakes)
      MindedTrader trust score
      30/100
      Profit target
      Not recorded
      Max drawdown
      6% (Hyper Growth); 10% (High Stakes)
      Read reviewVisit The 5ers
    5. #5

      Pipstone Capital

      Lowest listed fee
      $49
      MindedTrader trust score
      35/100
      Profit target
      8% (1-Step) / 8%+5% (2-Step)
      Max drawdown
      10%
      Read reviewVisit Pipstone Capital
    6. #6

      Funded Friday

      Lowest listed fee
      $59 (5K Account)
      MindedTrader trust score
      55/100
      Profit target
      8% - 10%
      Max drawdown
      6% (1-Step); 10% (2-Step)
      Read reviewVisit Funded Friday
    7. #7

      My Funded Futures

      Lowest listed fee
      $67/mo
      MindedTrader trust score
      35/100
      Profit target
      $3,000 (50K)
      Max drawdown
      $2,000 (50K EOD)
      Read reviewVisit My Funded Futures
    8. #8

      Funder Pro

      Lowest listed fee
      $69
      MindedTrader trust score
      65/100
      Profit target
      Not recorded
      Max drawdown
      10%
      Read reviewVisit Funder Pro
    9. #9

      Lucid trading

      Lowest listed fee
      $90
      MindedTrader trust score
      70/100
      Profit target
      $1,250 - $9,000
      Max drawdown
      $1,000 - $4,500
      Read reviewVisit Lucid trading
    10. #10

      Tradeify

      Lowest listed fee
      $111
      MindedTrader trust score
      60/100
      Profit target
      $2,500 - $9,000
      Max drawdown
      $2,000 - $4,500
      Read reviewVisit Tradeify
    11. #11

      Apex Trader Funding

      Lowest listed fee
      $118
      MindedTrader trust score
      50/100
      Profit target
      $1,500 - $9,000
      Max drawdown
      $1,000 - $5,250
      Read reviewVisit Apex Trader Funding
    12. #12

      Funded Next

      Lowest listed fee
      Not recorded
      MindedTrader trust score
      70/100
      Profit target
      10% / 5%
      Max drawdown
      10%
      Read reviewVisit Funded Next
    13. #13

      Funded Futures Network

      Lowest listed fee
      Not recorded
      MindedTrader trust score
      30/100
      Profit target
      Not recorded
      Max drawdown
      Not recorded
      Read reviewVisit Funded Futures Network
    14. #14

      FundedNext Futures

      Lowest listed fee
      Not recorded
      MindedTrader trust score
      30/100
      Profit target
      Not recorded
      Max drawdown
      Not recorded
      Read reviewVisit FundedNext Futures

    Most traders fail evaluations. Only pay a fee you can afford to lose, and read the drawdown rules first. Some links are affiliate links; they never change the order.

    Questions

    Why are beginner prop firms ordered by fee?

    A cheaper first challenge limits the cost of learning a firm's rules. Fees are the lowest amount recorded on each listing and can differ by account size and promotions.

    Is the cheapest prop firm the best for beginners?

    Not always. Compare the trust score, drawdown type and profit target too. A cheap challenge with a tight trailing drawdown can be harder to pass.

    Sources

    Figures come from each firm's MindedTrader listing, recorded from the firm's published terms. Dates show when each listing was last updated.