For a first evaluation, the rules matter more than the price: a drawdown that does not punish open profit, a clear payout process and an established firm. These six fit that brief.
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Best prop firms for beginners
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FTMO
Static max loss on the 2-Step, no time limit and the fee back with your first reward.
50K for €345, target €5,000, max loss €5,000, static drawdown - Read review
Tradeify
One payment, no activation fee and end-of-day drawdown on every plan.
50K for $145, target $3,000, max loss $2,000, end-of-day trailing drawdown - Read review
Topstep
Cheap to start at $49 a month, end-of-day drawdown and a daily limit that pauses you instead of failing you.
50K for $49/mo, target $3,000, max loss $2,000, end-of-day trailing drawdown - Read review
The5ers
Static drawdown and unlimited time to pass.
50K for $249, target $5,000, max loss $4,000, static drawdown - Read review
Lucid Trading
Low one-time price and end-of-day drawdown.
50K for $136, target $3,000, max loss $2,000, end-of-day trailing drawdown - Read review
FundedNext
Static max loss on the Stellar 2-Step and the fee back with your first reward.
50K for $299.99, target $4,000, max loss $5,000, static drawdown
Side by side
| Firm | 50K price | Profit target | Max loss | Drawdown | Consistency rule | Profit split | Payouts |
|---|---|---|---|---|---|---|---|
| FTMO | €345 | €5,000 | €5,000 | Static | None | 80% (90% scaling) | From day 14 |
| Tradeify | $145 | $3,000 | $2,000 | End-of-day trailing | Funded only | 90% | After 5 days of $150+ |
| Topstep | $49/mo | $3,000 | $2,000 | End-of-day trailing | Eval only | 90% | Every 5 winning days |
| The5ers | $249 | $5,000 | $4,000 | Static | — | 80% to 100% | Every 2 weeks |
| Lucid Trading | $136 | $3,000 | $2,000 | End-of-day trailing | Eval only | 90% | After 5 days of $150+ |
| FundedNext | $299.99 | $4,000 | $5,000 | Static | None | 80% | After 21 days, then every 14 |