Compare Every Challenge

A prop firm challenge (also called an evaluation) is a trading test you must pass to receive a funded account. You trade on a simulated account with specific rules — such as profit targets, maximum drawdown limits, and consistency requirements — to prove you can trade profitably before the firm gives you real capital.

Prop firm challenge fees range from around $15 for small accounts to $700+ for larger ones ($150K–$300K). Most firms offer discounts of 20–90% through promo codes. Check our Discounts page for the latest verified coupon codes.

The easiest challenges typically have lower profit targets (6–8%), higher drawdown limits, no consistency rules, and no time limits. Firms like Apex Trader Funding and Tradeify are popular for their trader-friendly rules. Use our comparison table above to filter by the rules that matter to you.

After passing, you receive a funded account with real capital. You keep a percentage of your profits (typically 80–100%) and can request payouts on a regular schedule. Some firms offer instant funding with no challenge required.

Some prop firms allow automated trading (bots/EAs) while others prohibit it. Check the specific rules for each firm in our comparison table. You can also browse firms that allow bots on our Best Prop Firms by Feature page.

The consistency rule limits how much of your total profit can come from a single trading day (typically 30–40%). This ensures traders show repeatable results rather than one lucky trade. Not all firms have this rule — use our Consistency Calculator to check if you meet the requirement.