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Forex prop firms

Cheapest $100K forex prop firm challenge

Updated 2026-10-26

Short answer

Leveraged ONE is the cheapest full-price $100K forex challenge we found, at $188 with no activation fee. The ranking below uses full prices only: entry-fee headlines, broker-model $0 rows, and prices from files flagged as provisional are all left out, so the order reflects what you actually pay.

How we picked

We ranked full $100,000 plan prices in US dollars, lowest first. Entry-fee-only prices are excluded, because the activation fee after passing is the real cost. Broker-model $0 rows are excluded, because they are not challenge fees. Prices from files flagged as provisional are excluded, and peer or secondary prices are not used for this ranking.

Leveraged logo

1. Leveraged

Best for Cheapest full $100K price

1,282 reviews

Leveraged ONE costs $188 for $100,000, with no activation fee and no payout cap. It is a 1-Step plan with a 6% profit target, a 3% daily loss limit, and a 6% trailing maximum loss, and it sets no minimum trading days. The 6% target is the lowest on this page, and the 80% profit split pays every 14 days.

Cheapest plan
$29
Top split
80%
Plans tracked
10
Code
None right now
Full Leveraged review →
E8 Markets logo

2. E8 Markets

Best for On-demand Signature payouts

4.1 · 3,302 reviews

E8 Signature costs $280 for $100,000, with payouts on demand and an 80% profit split. The first payout needs 3 profitable days rather than a fixed day count, which suits a trader who passes and wants the first withdrawal without a calendar wait. The plan's daily rule is a 2% funded-stage pause, not a breach.

Cheapest plan
$28
Top split
80%
Plans tracked
28
Code
E8 · 30%
Full E8 Markets review →
The5ers logo

3. The5ers

Best for Two-payment Bootcamp plan

4.7 · 40,413 reviews

The5ers Bootcamp costs $300 in total for $100,000, paid as $95 upfront and $205 only on reaching the funded stage. It uses 6% targets in each of three phases, a 5% static maximum loss, and no minimum trading days. The split is 50%, the lowest on this page, so the low fee trades against the payout share.

Cheapest plan
$22
Top split
80%
Plans tracked
18
Code
None right now
Full The5ers review →
ThinkCapital logo

4. ThinkCapital

Best for Three-phase Nexus plan

605 reviews

ThinkCapital Nexus costs $349 for $100,000, with 7%, 6%, then 5% targets across three phases. It carries a 4% daily loss limit, an 8% static maximum loss, and an 80% profit split, with payouts every 14 days and a $100 minimum payout. Leverage reaches 1:100 across forex, indices, metals, energy, and crypto.

Cheapest plan
$39
Top split
80%
Plans tracked
24
Code
None right now
Full ThinkCapital review →
FXIFY logo

5. FXIFY

Best for Instant Lite value

4.3 · 6,500 reviews

FXIFY Instant Funding Lite costs $399 for $100,000, with an 80% profit split and payouts every 10 days, starting on day 10. There is no evaluation to pass and no fee refund, and a 20% consistency rule applies. It is the only instant plan on this page, for traders who want funding without a challenge.

Cheapest plan
$19
Top split
80%
Plans tracked
49
Code
FUNDED40 · 40%
Full FXIFY review →
City Traders Imperium logo

6. City Traders Imperium

Best for Refundable 1-Step plan

4.3 · 1,635 reviews

City Traders Imperium 1-Step Challenge costs $449 for $100,000, with an 8% target, a 5% static maximum loss, and no minimum trading days. Its fee is refundable, and the first payout arrives from day 7, then monthly, with weekly and anytime payouts through VIP progression. The 80% profit split is standard.

Cheapest plan
$29
Top split
80%
Plans tracked
23
Code
None right now
Full City Traders Imperium review →

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Frequently asked questions

Why is a $7 headline price not the cheapest plan?

Because $7 buys the evaluation only. Top One NOVA charges $7 upfront plus a $499 activation fee after passing, for a $506 total at $100,000. Atmos Nova charges $5 upfront with an activation fee whose $100,000 amount was not published. Always add the activation fee before comparing prices.

Why is Axi Select $0 not ranked first?

Because Axi Select is a broker allocation program, not a challenge with a fee. Its $0 rows reflect a different model, where traders progress through stages rather than buying an evaluation. Ranking it against challenge fees would compare two different products, so it is left out of this list.

Does the cheapest plan mean the best value?

Not on its own. A $188 plan with a 6% trailing maximum loss and a 3% daily limit demands tighter risk control than a $449 plan with a 5% static floor and a refundable fee. Compare the target, the daily limit, the drawdown type, and the split next to the price. Prop trading can cost you every fee you pay.

Prices are list prices from each firm's own site at our last update. Rankings are never paid. Prop trading can cost you every fee you pay.