There are several steps to secure low-price funded accounts with prop firms. Cheapest prop firms offer multiple funding opportunities to secure live trading capital with minimal upfront capital. Particularly, beginners can use the lowest cost funded accounts to test strategies, refine skills, and gradually scale up to trade bigger accounts – without risking major personal capital.
Of course, cheap prop firms must not just offer affordable funded accounts. Instead, look for prop trading platforms providing competitive profit splits, flexible rules, and active community support. If you’re a beginner looking to get a funded trading account online at low prices, join legitimate prop firms for cheap challenge accounts.
>> With Funding Traders, choose between multiple beginner-friendly, affordable account sizes and pass a funded challenge to receive live capital right away.
Read more to learn how to get a low-price funded account with industry-leading prop firms.
Search For A Low-Cost Prop Firm
First, search for a reputable low cost prop firm offering cheap funded accounts. When choosing low-price trading accounts, determine your budget, risk tolerance, and trading style. Ultimately, an affordable prop firm must also align with your personal trading strategy, experience, and overall expectations. Additionally, look for prop firms providing competitive profit splits even on their cheapest funded accounts. With a high profit split ratio, you can keep your hard-earned profits and get paid bigger.
>> As one of the cheap prop firms, Funding Traders offers multiple account sizes at affordable prices to support beginners. Particularly, you can choose between:
- $5K Beginner | $50
- $10K Mini | $100
- $25K Starter | $200
- $50K Basic | $300
- $100,000 Advanced | $550
- $200,000 Superior | $1,100
Before you buy a prop firm challenge account, take your time to go through the prop firm’s trading rules. Search for firms with transparent trading conditions readily available to traders. Indeed, join a trusted prop firm with the lowest price funded accounts to start trading.
Test Various Trading Strategies
Once you buy a low-price funded account, test prop firm trading strategies to secure live accounts. Top-rated prop firms always recognize the value of diverse trading strategies – providing you the flexibility to pick a preferred trading style. Since the financial risks are lower, even beginners can test various strategies without unnecessary pressure. Once you are comfortable, you can apply preferred trading strategies to pass the evaluation successfully and get funded.
>> As a prop firm with no time limit, Funding Traders does not impose strict restrictive rules on trading strategies. You are allowed to implement various strategies, including:
- Swing Trading
- Scalping
- Automation & EA Trading
- News Trading
- Copy Trading (On Accounts Registered Under Same Name)
- Algorithmic Trading
Definitely, leverage low price prop firm accounts to test multiple strategies before securing a live account.
Pass The Funding Challenge
Now, you’re ready to pass the prop firm challenge for a low price funded account. After you buy a challenge with free funding prop firms, prove your skills, profitability, and trading prowess to get funded. If you choose 2-step evaluations, you may need to go through an additional challenge with easier rules, a lower profit target, and similar consistency requirements to prove your skills again.
>> Begin your trading journey with FT and meet these evaluation milestones to pass the funding challenge successfully and qualify for a live account.
- ย 10% Profit Target โ 1-Step Evaluation
- 5% Maximum Drawdown โ 1-Step Evaluation
- 4% Daily Drawdown โ 1-Step Evaluation
- 10% Profit Targetย ย โ 2-Step Evaluation (Phase 1)
- 5% Profit Target โ 2-Step Evaluation (Phase 2)
- 10% Maximum Drawdown โ 2-Step Evaluation
- 5% Daily Drawdown โ 2-Step Evaluation
After passing the funding evaluation, you’ll get real money prop firm funded account to start trading in live markets. Certainly, prop firms require passing an evaluation to secure low price funded trading accounts.
Receive 100% Refund On Challenge Fee
Once you pass the trading evaluation, you’ll receive up to a 100% refund on the initial challenge fee of your low-cost funded account. Many affordable prop firms refund the entire challenge fee if you successfully pass the initial evaluation. This refund program provides additional motivation for traders to maintain consistency, profitability, and draw-downs on challenge accounts. Of course, beginners looking to become a funded trader for free – refund plans eliminate expensive entry barriers.
>> As one of the best prop firms for beginners, FT offers a 100% refund of the challenge fee after you achieve profit targets on a challenge account. Take advantage of these exclusive prop firm promotional offers to get funded for free.
Definitely, buy low-price funded accounts for a 100% refund after passing the initial evaluation.
Get Paid Weekly With A Competitive Profit Split
Prop firms with the lowest price funded accounts also support traders with weekly payouts and competitive profit splits. Once you start trading on the live accounts, you’ll have the opportunity to earn up to 80% profit by default. If you can maintain consistent performance, risk management, and position sizing, you can also increase your split to 100% and keep all the earnings.
>> As one of the top prop firms with fast weekly payouts, FT processes both 14-day and 7-day payouts – even for the cheapest funded accounts. To get paid faster, you simply need to sign up for our exclusive add-ons.
Of course, you can request these fast weekly payouts through the built-in dashboard to receive the earned profits. Definitely, get paid weekly with up to 100% profit split after you secure a low price prop firm account.
Prop firms offer a straightforward process to secure low-cost funded trading accounts. First, search for a trusted, affordable prop firm providing low price accounts – while supporting your preferred strategies. Once purchased, take your time to test various strategies and prepare for the funding challenge.
To pass the evaluation, meet pre-defined profit targets, drawdowns, and risk management rules. Traders who successfully pass the challenge are eligible for a 100% refund, up to 100% profit split, and the opportunity to get paid faster every week. Follow the points above to secure the best low price prop firm trading accounts with prop firms.