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$400K prop firm challenges compared

Every $400K challenge we hold: list price, all-in cost to a funded account, cost per $1K and the main rules. Every price has a source.

Latest check 14 Oct 2026 41 challenges from 22 firms

Challenges
41 from 22 firms
Cheapest all-in (one-time, US$)
$1,598 E8 Markets, E8 One
Median cost per $1K (one-time, US$)
$4.18 across 8 challenges
Listed separately in the stats
1 1 monthly plan
How the numbers work

List price is the normal price on the firm's own pricing page. Discount-code and countdown prices are left out.

All-in to funded is the list price plus any activation fee the firm charges when you pass: what reaching your first funded account costs if you pass first time. Resets, retakes and add-ons are not included. Where the firm does not state whether there is an activation fee, we show no all-in cost rather than assume there is none.

Monthly plans are marked "per month": their all-in is one month plus the activation fee, and every extra month you take adds the monthly fee again.

Cost per $1K is the all-in cost divided by the account size in thousands of dollars, so different sizes can be compared. Where the firm does not state an activation fee, it uses the list price and says "list price only"; where a firm says a further fee applies but not how much, the row is not ranked on cost.

Target ÷ max loss is the first-step profit target divided by the maximum loss allowed. Lower means less profit to make for each unit of room you have to lose.

Other currencies. Prices the firm states in euros, pounds or another currency are listed separately at that price. We do not convert them, so they are not sorted against dollar prices.

Each row links to its source and shows the date we checked it. Latest check 14 October 2026. Where a firm does not state a value, we say so rather than guess.

How we rank: by the sort you choose (default: cost per $1K of funding, lowest first); monthly plans after one-time prices, missing values last, only US dollar prices ranked. Links marked Ad are affiliate links; they never change the order.

Challenges priced in US dollars: 41. Every price has a source: see the Source link in each row. Tap a blue word to see its source.
Firm and programmeList priceAll-in to fundedCost per $1KTarget ÷ max lossProfit splitRulesTI scoreSourceVisit
Next Level FundedInstant FlexInstant funding · ForexList price$734one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$1.83list price onlyTarget ÷ max loss–No profit targetProfit split100%Payouts: on demandRulesDaily loss 3% · max loss 4%Min days not stated · No time limitTI score50Source: Next Level Funded Instant Flex price (opens in a new tab)Checked 14 Oct 2026Visit Next Level Funded
Forge of TradersTriple-Tempered (THREE Phase Program)3-step · ForexList price$1,295one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$3.24list price onlyTarget ÷ max loss–Max loss not statedProfit split80%Payouts: Bi-Weekly On-DemandRulesDaily loss not stated · max loss not statedMin 3 trading days · Time limit not statedTI score51Source: Forge of Traders Triple-Tempered (THREE Phase Program) price (opens in a new tab)Checked 14 Oct 2026Visit Forge of Traders
E8 MarketsE8 One1-step · ForexList price$1,598one-timeAll-in to funded$1,598No activation feeCost per $1K$4.00Target ÷ max loss1.50Target 9% · max loss 6%Profit split80%first after 3 daysRulesDaily loss 4% · max loss 6% (dynamic (the firm's term))Min days not stated · Time limit not statedTI score58Source: E8 Markets E8 One price (opens in a new tab)Checked 14 Oct 2026Visit E8 Markets
E8 MarketsE8 One (Perpetuals)1-step · CryptoList price$1,598one-timeAll-in to funded$1,598No activation feeCost per $1K$4.00Target ÷ max loss1.50Target 9% · max loss 6%Profit split80%first after 3 daysRulesDaily loss 4% · max loss 6% (dynamic (the firm's term))Min days not stated · Time limit not statedTI score58Source: E8 Markets E8 One (Perpetuals) price (opens in a new tab)Checked 14 Oct 2026Visit E8 Markets
FXIFYThree Phase3-step · ForexList price$1,599one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$4.00list price onlyTarget ÷ max loss1.00Target 5% + 5% + 5% · max loss 5%Profit splitNot statedRulesDaily loss 5% · max loss 5% (static)Min 5 trading days · No time limitTI score52Source: FXIFY Three Phase price (opens in a new tab)Checked 14 Oct 2026Visit FXIFY
Hydra FundingInstant Lite (Crypto)Instant funding · CryptoList price$1,599one-timeAll-in to funded$1,599No activation feeCost per $1K$4.00Target ÷ max loss–No profit targetProfit split75%RulesDaily loss 3% · max loss 4%Min days not stated · Time limit not statedTI score59Source: Hydra Funding Instant Lite (Crypto) price (opens in a new tab)Checked 14 Oct 2026Visit Hydra Funding
Hydra FundingInstant Lite (Forex)Instant funding · ForexList price$1,599one-timeAll-in to funded$1,599No activation feeCost per $1K$4.00Target ÷ max loss–No profit targetProfit split75%RulesDaily loss 3% · max loss 4%Min days not stated · Time limit not statedTI score59Source: Hydra Funding Instant Lite (Forex) price (opens in a new tab)Checked 14 Oct 2026Visit Hydra Funding
Forge of TradersTwo-Phase Alloy (TWO Phase Program)2-step · ForexList price$1,650one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$4.12list price onlyTarget ÷ max loss0.89Target 8% + 5% · max loss 9%Profit split80%Payouts: Bi-Weekly On-DemandRulesDaily loss 5% · max loss 9% (static)Min 3 trading days · No time limitTI score51Source: Forge of Traders Two-Phase Alloy (TWO Phase Program) price (opens in a new tab)Checked 14 Oct 2026Visit Forge of Traders
Forge of TradersSingle-Phase Forge (ONE Phase Program)1-step · ForexList price$1,695one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$4.24list price onlyTarget ÷ max loss1.00Target 10% · max loss 10%Profit split80%Payouts: Bi-Weekly On-DemandRulesDaily loss 5% · max loss 10% (static)Min 3 trading days · No time limitTI score51Source: Forge of Traders Single-Phase Forge (ONE Phase Program) price (opens in a new tab)Checked 14 Oct 2026Visit Forge of Traders
Atlas FundedAccess1-step · ForexList price$5one-time · partly refundedAll-in to funded$1,744Price + $1,739 activationCost per $1K$4.36Target ÷ max loss0.30Target 3% · max loss 10%Profit splitNot statedRulesDaily loss 5% · max loss 10% (trailing)Min days not stated · No time limitTI score51Source: Atlas Funded Access price (opens in a new tab)Checked 14 Oct 2026Visit Atlas Funded
FundedFast2-Phase2-step · ForexList price$1,799one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$4.50list price onlyTarget ÷ max loss0.80Target 8% + 5% · max loss 10%Profit split80%Payouts: every 7 daysRulesDaily loss 5% · max loss 10%Min 3 trading days · No time limitTI score68Source: FundedFast 2-Phase price (opens in a new tab)Checked 14 Oct 2026Visit FundedFast
Atlas FundedInstant FundedInstant funding · ForexList price$1,826one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$4.57list price onlyTarget ÷ max loss–No profit targetProfit splitNot statedRulesDaily loss 3% · max loss 5% (end-of-day trailing)Min days not stated · Time limit not statedTI score51Source: Atlas Funded Instant Funded price (opens in a new tab)Checked 14 Oct 2026Visit Atlas Funded
AquaFundedInstant ProInstant funding · ForexList price$1,865one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$4.66list price onlyTarget ÷ max loss–No profit targetProfit split90%Payouts: bi-weeklyRulesDaily loss 3% · max loss 6%Min 5 trading days · Time limit not statedTI score58Source: AquaFunded Instant Pro price (opens in a new tab)Checked 14 Oct 2026Visit AquaFunded
TraderscalePro 2-Step2-step · ForexList price$1,897one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$4.74list price onlyTarget ÷ max loss0.80Target 8% + 5% · max loss 10%Profit split80%Payouts: every 14 days, first after 14 daysRulesDaily loss 5% · max loss 10% (static)Min 3 trading days · No time limitTI score75Source: Traderscale Pro 2-Step price (opens in a new tab)Checked 14 Oct 2026Visit Traderscale
E8 MarketsE8 Pro1-step · ForexList price$1,999one-timeAll-in to funded$1,999No activation feeCost per $1K$5.00Target ÷ max loss1.00Target 6% · max loss 6%Profit split80%Payouts: daily, first after 0 daysRulesDaily loss 2.5% · max loss 6% (static)Min days not stated · Time limit not statedTI score58Source: E8 Markets E8 Pro price (opens in a new tab)Checked 14 Oct 2026Visit E8 Markets
E8 MarketsE8 Pro (Perpetuals)1-step · CryptoList price$1,999one-timeAll-in to funded$1,999No activation feeCost per $1K$5.00Target ÷ max loss1.00Target 6% · max loss 6%Profit split80%Payouts: daily, first after 0 daysRulesDaily loss 2.5% · max loss 6% (static)Min days not stated · Time limit not statedTI score58Source: E8 Markets E8 Pro (Perpetuals) price (opens in a new tab)Checked 14 Oct 2026Visit E8 Markets
TraderscaleInstant FundingInstant funding · ForexList price$1,999one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$5.00list price onlyTarget ÷ max loss–No profit targetProfit split80%Payouts: every 7 days, first after 14 daysRulesDaily loss 3% · max loss 6%Min days not stated · Time limit not statedTI score75Source: Traderscale Instant Funding price (opens in a new tab)Checked 14 Oct 2026Visit Traderscale
FundedeliteFlash Activation1-step · ForexList price$5one-timeAll-in to funded$2,004Price + $1,999 activationCost per $1K$5.01Target ÷ max loss–Target not statedProfit splitNot statedRulesDaily loss 3% · max loss not statedMin 1 trading day · Time limit not statedTI score56Source: Fundedelite Flash Activation price (opens in a new tab)Checked 14 Oct 2026Visit Fundedelite
Blue GuardianInstantInstant funding · ForexList price$2,200one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$5.50list price onlyTarget ÷ max loss–No profit targetProfit split80%Payouts: on demandRulesDaily loss 3% · max loss 6%Min days not stated · Time limit not statedTI score64Source: Blue Guardian Instant price (opens in a new tab)Checked 14 Oct 2026Visit Blue Guardian
Bullwaves Prime1 Step Challenge1-step · ForexList price$2,199one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$5.50list price onlyTarget ÷ max loss1.25Target 10% · max loss 8%Profit split80%Payouts: every 15 days, first after 15 daysRulesDaily loss 4% · max loss 8%Min 10 trading days · Time limit not statedTI score51Source: Bullwaves Prime 1 Step Challenge price (opens in a new tab)Checked 14 Oct 2026Visit Bullwaves Prime
TraderscaleSpeedy 1-Step1-step · ForexList price$2,296one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$5.74list price onlyTarget ÷ max loss1.25Target 10% · max loss 8%Profit split80%Payouts: every 14 days, first after 30 daysRulesDaily loss 4% · max loss 8%Min 1 trading day · No time limitTI score75Source: Traderscale Speedy 1-Step price (opens in a new tab)Checked 14 Oct 2026Visit Traderscale
Goat Funded TraderInstant HEROInstant funding · ForexList price$2,330one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$5.83list price onlyTarget ÷ max loss–No profit targetProfit split90%Payouts: every 14 daysRulesDaily loss 3% · max loss 5% (trailing)Min days not stated · No time limitTI score50Source: Goat Funded Trader Instant HERO price (opens in a new tab)Checked 14 Oct 2026Visit Goat Funded Trader
FundingTradersInstant FundingInstant funding · ForexList price$2,349one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$5.87list price onlyTarget ÷ max loss–No profit targetProfit splitNot statedRulesDaily loss 3% · max loss 6%Min days not stated · Time limit not statedTI score64Source: FundingTraders Instant Funding price (opens in a new tab)Checked 14 Oct 2026Visit FundingTraders
TradeXPropX Evaluation X-2 Step2-step · ForexList price$2,465one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$6.16list price onlyTarget ÷ max loss1.00Target 8% + 5% · max loss 8%Profit split80%Payouts: bi-weeklyRulesDaily loss 5% · max loss 8% (static)Min days not stated · No time limitTI score49Source: TradeXProp X Evaluation X-2 Step price (opens in a new tab)Checked 14 Oct 2026Visit TradeXProp
BestProp4UForex CFD 2-Phase2-step · ForexList price$2,475one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$6.19list price onlyTarget ÷ max loss1.14Target 8% + 5% · max loss 7%Profit split80%Payouts: every 30 daysRulesDaily loss 5% · max loss 7% (static)Min days not stated · No time limitTI score44Source: BestProp4U Forex CFD 2-Phase price (opens in a new tab)Checked 14 Oct 2026Visit BestProp4U

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