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Account size · $200,000

Cheapest $200,000 Prop Firm Challenge — 12 firms

Reviewed by TradingEdge

Compare 12 prop firms' $200,000 Challenge fee — all prices include the TradingEdge discount. Sorted cheapest to most expensive. 10-15% off every challenge. 11 out of 15 firms refund 100% on first payout, turning the fee into a loan instead of a sunk cost.

Cheapest: Trade The Pool $357 (10% = $40 saved)
#
Prop Firm
List
Net
Disc
Refund
Action
1
Trade The Pool
$160k · US-equity prop — stocks, not forex. Niche but useful.
$397
$357
save $40
10%
Partial
2
Goat Funded Trader
$200k · HBGFT public code: BOGO + 50% off · FIRSTGFT: 50% off new customers · verified May 2026.
$869
$435
save $434
50%
100% at first payout
3
Funded Trader Markets
$200k · MAY public code (verified May 2026): up to 60% off 1-Step/2-Step, 40% off Instant. Expires May 31. $100k = $622 → $249.
$1199
$480
save $719
60%
100% at first payout
4
Wemastertrade
$200k · Standard $100k Challenge $320 verified May 2026 — apply WHALE for partner discount.
$559
$492
save $67
12%
100% at first payout
5
E8 Markets
$250k · E8 Markets (Dallas) — Match-Trader + DXTrade · 80/20 split scaling to 100% · runs frequent stacked promos beyond the 5% WHALE floor.
$545
$518
save $27
5%
100% at first payout
6
FunderPro
$200k · Public 25% OFF promo runs until Dec 31, 2026. $100k One-Phase = $539 → ~$404. cTrader + DXTrade · stable payout since 2022.
$879
$659
save $220
25%
100% at first payout
7
Alpha Capital Group
$200k · UK-based — value tier with sub-$50 entry.
$759
$668
save $91
12%
100% at first payout
8
FXIFY
$200k · Public codes verified May 2026: FXIFY3 33% (everything) or NEW40 40% (One-Phase, new users). $100k = $548 → ~$367 (FXIFY3) / $329 (NEW40).
$998
$669
save $329
33%
100% at first payout
9
Maven Trading
$200k · OMO public code = 40% off, verified May 2026. $100k ~$440 net after code.
$1199
$719
save $480
40%
100% at first payout
10
FundingPips
$200k · Cheapest entry in the market — $28 for a $5k Challenge.
$879
$791
save $88
10%
100% at first payout
11
FTMO
$200k · Industry benchmark — $300M+ paid out, 11-year track record.
$889
$800
save $89
10%
100% at first payoutauto
12
Atmos Funded
$200k
$899
$809
save $90
10%
100% at first payoutauto

If you purchased a $200,000 Challenge from every firm above, the total savings vs list price = $2674.

Other account sizes

FAQ

Why is Trade The Pool cheaper than other $200,000 firms?

Challenge fees depend on each firm's business model. Volume-focused firms (FundingPips, Alpha) price lower than premium-priced firms (FTMO). A lower price doesn't mean lower quality — FundingPips has paid out $30M+ with verifiable payout proof. Always rank firms by payout track record, rule clarity, and community trust first; price second.

What is the cheapest $200,000 Challenge available?

Trade The Pool at $357 after the 10% TradingEdge discount. The most expensive in this bracket is Atmos Funded at $809 — a spread of $452.

If I fail the Challenge, do I lose the money?

Yes — prop firms do not refund failed Challenges. This is why account size should match your real skill, not the biggest one hoping to pass. Try FTMO's Free Trial or start at $5k-$10k to prove the strategy before scaling.

Is picking the cheapest prop firm always the best move?

No — price is only one factor. More important: payout reliability (paid on time), rule clarity (unambiguous), drawdown type (trailing vs static), refund policy, scaling plan, community trust. See /best-prop-firm-2026 for the technical ranking.

Calculate your exact savings

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