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Cheapest Prop Firm Challenges in 2026: $5K, $10K, $25K and $50K Prices After Code PFC

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Cheapest Prop Firm Challenges in 2026: $5K, $10K, $25K and $50K Prices After Code PFC

Disclosure: Prop Firms Compared may earn a commission if you buy through links on this page or use our discount codes. This doesn't affect our editorial coverage.

If you just want the cheapest way into a prop firm challenge at each account size, this blog post is the price list. We checked list prices on each firm's own site on 23 October 2026, then worked out what you pay with code PFC.

We're not ranking firms on quality here. Our best $5K and $5K challenge comparison pages do that. This is about the number at checkout, and what that number actually buys you.

How we worked out the prices

Every price below is the firm's standard list price, taken from its own pricing page. Firms run their own site sales from time to time. We've ignored those, because they come and go.

The price after code PFC is simple maths: list price × (1 − the discount shown on our firm page). So a $100 challenge with a 30% code works out at $100 × 0.70 = $70. We round to the nearest cent.

Two things can change the final total at checkout:

Add-ons. Extra drawdown, higher profit splits or faster payouts all cost more.
Platform or rule options. Some firms price the same size differently depending on the daily loss option you pick.

Always check the total on the checkout page before you pay.

The firms in this price list

We've included the firms where we have a published code PFC discount and could verify per-size prices on the official site:

Blue Guardian – code PFC, 30% off on our firm page
FundingPips – code PFC, 20% off on our firm page
Goat Funded Trader – code PFC, 30% off on our firm page
Hydra Funding – instant accounts only, shown at list price

All four run simulated accounts. Blue Guardian, FundingPips and Goat Funded Trader describe their challenges and funded accounts as simulated or demo trading, and Hydra Funding says all of its accounts operate in a simulated environment.

Cheapest $5K prop firm challenges

Blue Guardian 1 Step Nano – List price: $26.66; Code PFC: 30%; Price after code: $18.66
Blue Guardian 2 Step Standard – List price: $32; Code PFC: 30%; Price after code: $22.40
FundingPips 2 Step Pro – List price: $29; Code PFC: 20%; Price after code: $23.20
Goat Funded Trader 2-Step (GOAT) – List price: $36; Code PFC: 30%; Price after code: $25.20
Blue Guardian 1 Step Standard – List price: $40; Code PFC: 30%; Price after code: $28.00
FundingPips 2 Step Flex – List price: $35; Code PFC: 20%; Price after code: $28.00
Hydra Funding Instant Lite – List price: $29; Code PFC: –; Price after code: $29 (list)
FundingPips 2 Step Standard – List price: $39; Code PFC: 20%; Price after code: $31.20

At $5K the cheapest ticket is Blue Guardian's 1 Step Nano at $18.66 after code PFC. On the $100K version of that account, the rules are a 10% target, a 4% daily loss and a 6% trailing drawdown. It has a 50% consistency rule in both the challenge and funded stages, plus 5 minimum days on the funded side.

If you'd rather have a static drawdown, Blue Guardian's 2 Step Standard is $22.40, and the static max loss doesn't follow your balance up. FundingPips 2 Step Pro is next at $23.20. It has 6% targets in both phases, a 3% daily loss, a 6% max loss and no minimum days.

Hydra Funding's $5K Instant Lite is $29, but it isn't a challenge at all. You start on a funded account straight away, so it's a different product. We cover that below.

Cheapest $10K prop firm challenges

Blue Guardian 1 Step Nano – List price: $38.66; Code PFC: 30%; Price after code: $27.06
FundingPips 2 Step Pro – List price: $55; Code PFC: 20%; Price after code: $44.00
Goat Funded Trader 2-Step (GOAT) – List price: $65; Code PFC: 30%; Price after code: $45.50
Blue Guardian 1 Step Standard – List price: $66; Code PFC: 30%; Price after code: $46.20
FundingPips 2 Step Flex – List price: $64; Code PFC: 20%; Price after code: $51.20
Blue Guardian 2 Step Standard – List price: $75; Code PFC: 30%; Price after code: $52.50
FundingPips 2 Step Standard – List price: $72; Code PFC: 20%; Price after code: $57.60
Hydra Funding Instant Lite – List price: $59; Code PFC: –; Price after code: $59 (list)

Blue Guardian's 1 Step Nano is again well clear at $27.06. After that, it's tight. FundingPips 2 Step Pro ($44.00), Goat Funded Trader's GOAT 2-Step ($45.50) and Blue Guardian 1 Step Standard ($46.20) are all within $2.20 of each other.

At that point, price shouldn't decide it. Look at the rules instead:

Goat Funded Trader GOAT 2-Step: 8% then 6% targets, a 4% daily loss, a 10% max loss and up to 1:100 leverage.
FundingPips 2 Step Pro: tighter, at 6% and 6% targets with a 3% daily loss and a 6% max loss.

A bigger loss limit for a similar fee is worth more than a dollar or two.

Cheapest $25K prop firm challenges

Blue Guardian 2 Step Nano – List price: $66.66; Code PFC: 30%; Price after code: $46.66
Blue Guardian 1 Step Nano – List price: $78.66; Code PFC: 30%; Price after code: $55.06
Blue Guardian 1 Step Standard – List price: $134; Code PFC: 30%; Price after code: $93.80
Hydra Funding Instant Lite – List price: $99; Code PFC: –; Price after code: $99 (list)
Blue Guardian 2 Step Standard – List price: $154; Code PFC: 30%; Price after code: $107.80
Goat Funded Trader 2-Step (GOAT) – List price: $158; Code PFC: 30%; Price after code: $110.60
FundingPips 2 Step Pro – List price: $145; Code PFC: 20%; Price after code: $116.00
FundingPips 2 Step Flex – List price: $175; Code PFC: 20%; Price after code: $140.00

The $25K size is where Blue Guardian's Nano accounts really stand out. The 2 Step Nano starts at $25K (there's no $5K or $10K version) and works out at $46.66 with code PFC. That's less than many firms charge for $10K.

The trade-off is on the funded side. Based on the $100K version of the account:

There's a 50% consistency rule.
Payouts are bi-weekly, with a $2,000 payout cap.
The split goes up to 100%.

If you want fewer strings on payouts, Blue Guardian's 2 Step Standard at $107.80 has no consistency rule and up to weekly payouts.

Cheapest $50K prop firm challenges

Blue Guardian 2 Step Nano – List price: $127; Code PFC: 30%; Price after code: $88.90
Blue Guardian 1 Step Nano – List price: $160; Code PFC: 30%; Price after code: $112.00
Blue Guardian 1 Step Standard – List price: $200; Code PFC: 30%; Price after code: $140.00
Blue Guardian 2 Step Standard – List price: $232; Code PFC: 30%; Price after code: $162.40
Hydra Funding Instant Lite – List price: $199; Code PFC: –; Price after code: $199 (list)
FundingPips 2 Step Pro – List price: $249; Code PFC: 20%; Price after code: $199.20
Goat Funded Trader 2-Step (GOAT) – List price: $308; Code PFC: 30%; Price after code: $215.60
Goat Funded Trader 1-Step (GOAT) – List price: $314; Code PFC: 30%; Price after code: $219.80

At $50K, Blue Guardian's 2 Step Nano is $88.90 after code, which is the cheapest $50K challenge in this list by a distance. Outside Blue Guardian, Hydra Funding's Instant Lite is $199 at list price, just below FundingPips 2 Step Pro at $199.20 after code.

1-step options at each size

If you specifically want a one-phase challenge, here are the 1-step prices side by side. You can compare more 1-step firms on our 1-step challenges page.

$5K – Blue Guardian 1 Step Nano: $18.66; Blue Guardian 1 Step Standard: $28.00; FundingPips 1 Step Flex: $59.20; Goat Funded Trader 1-Step: $51.80
$10K – Blue Guardian 1 Step Nano: $27.06; Blue Guardian 1 Step Standard: $46.20; FundingPips 1 Step Flex: $88.80; Goat Funded Trader 1-Step: $79.80
$25K – Blue Guardian 1 Step Nano: $55.06; Blue Guardian 1 Step Standard: $93.80; FundingPips 1 Step Flex: $204.00; Goat Funded Trader 1-Step: $149.80
$50K – Blue Guardian 1 Step Nano: $112.00; Blue Guardian 1 Step Standard: $140.00; FundingPips 1 Step Flex: $282.40; Goat Funded Trader 1-Step: $219.80

All prices are after code PFC: Blue Guardian and Goat Funded Trader at 30% off list, FundingPips at 20% off list. Goat Funded Trader's GOAT 1-Step has a 10% target, a 3% daily loss and a 6% max loss. FundingPips 1 Step Flex has a 12% target and a 12% static max loss.

What a cheap challenge actually buys you

A low entry fee is only cheap if the account gives you a fair shot at passing and getting paid. Before you buy the lowest number on this page, check these four things.

Drawdown type

Static drawdown stays fixed at your starting balance. Trailing drawdown follows your highest balance up. Blue Guardian's 1-step accounts use trailing drawdown; its 2-step accounts use static. If you're not sure how they differ in practice, read our guide to prop firm drawdown types.

Consistency rules

Several of the cheapest accounts make up the price with a consistency rule, such as Blue Guardian's Nano accounts. The 1 Step Nano has a 50% consistency rule in both the challenge and funded stages, and the 2 Step Nano has a 50% rule on the funded side. A consistency rule limits how much of your profit can come from one day. Our consistency rules guide explains how they're worked out.

Payout caps and timing

A $2,000 payout cap doesn't matter much on a $25K account. It matters a lot more if you scale up. Check how often you can request a payout, too.

Reset cost

If you fail, what does it cost to try again? A cheap first attempt followed by an expensive reset isn't cheap. FundingPips, for example, gives a discount on a new account when you breach, and the size of that discount depends on which phase you were in.

For a full checklist on these points, our blog post on what beginners should check in cheap prop firms goes through it step by step.

Where Hydra Funding fits

Hydra Funding doesn't sell challenges. Every account is an instant funded account, so there's no evaluation to pass. That's why we've shown it separately at list price rather than ranking it against challenges.

Its cheapest tier, Instant Lite, costs $29 for $5K, $59 for $10K, $99 for $25K and $199 for $50K. Instead of a profit target, you need to build a 5% profit buffer before your first payout. You trade under a 3% daily loss and a 4% trailing drawdown. You can use code PFC at checkout. See our Hydra Funding page for the current offer.

Quick picks by budget

Lowest possible spend: Blue Guardian 1 Step Nano at $5K, $18.66 after code PFC.
Cheapest static drawdown under $25: Blue Guardian 2 Step Standard at $5K, $22.40.
Cheapest $25K and $50K: Blue Guardian 2 Step Nano, $46.66 and $88.90.
Cheapest with no minimum days: FundingPips 2 Step Pro, from $23.20 at $5K.
Bigger loss limit for the money at $10K: Goat Funded Trader GOAT 2-Step at $45.50, with a 10% max loss.

You can see every live code in one place on our prop firm discounts page.

FAQ

What is the cheapest prop firm challenge in 2026?

From the firms in this price list, Blue Guardian's $5K 1 Step Nano is the cheapest at $26.66 list, or $18.66 with code PFC. Prices were checked on 23 October 2026.

Does code PFC work on every account size?

Code PFC applies to the challenges listed on each firm's page on Prop Firms Compared. The discount shown there is what we used for the maths in this blog post. Check the final total at checkout, as add-ons are priced on top.

Is a cheaper challenge harder to pass?

Not always, but often there's a trade-off. Cheaper accounts may have a trailing drawdown, a consistency rule or a payout cap. Compare the rules, not just the price.

Is a $5K challenge worth it?

It's a low-cost way to learn a firm's rules and platform. The payouts are small, though, so many traders use a $5K or $10K account as a trial before buying a bigger size.

Are these accounts real money?

No. Blue Guardian, FundingPips, Goat Funded Trader and Hydra Funding all use simulated accounts. Payouts are based on your simulated performance.

This is not investment advice.

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