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$40K prop firm challenges compared

Every $40K 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 14 challenges from 8 firms

Challenges
14 from 8 firms
Cheapest all-in (one-time, US$)
– no one-time dollar price with a stated activation fee
Median cost per $1K (one-time, US$)
– not enough data
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: 14. Every price has a source: see the Source link in each row.
Firm and programmeList priceAll-in to fundedCost per $1KTarget ÷ max lossProfit splitRulesTI scoreSourceVisit
Rebels FundingRF Bronze 3-Phase3-step · ForexList price$179one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$4.47list price onlyTarget ÷ max loss0.50Target 5% + 5% + 5% · max loss 10%Profit split80%RulesDaily loss 5% · max loss 10%Min days not stated · No time limitTI score63Source: Rebels Funding RF Bronze 3-Phase price (opens in a new tab)Checked 14 Oct 2026Visit Rebels Funding
Rebels FundingRF Silver 2-Phase2-step · ForexList price$230one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$5.75list price onlyTarget ÷ max loss0.80Target 8% + 5% · max loss 10%Profit split75%RulesDaily loss 5% · max loss 10%Min days not stated · No time limitTI score63Source: Rebels Funding RF Silver 2-Phase price (opens in a new tab)Checked 14 Oct 2026Visit Rebels Funding
Rebels FundingRF Gold 1-Phase1-step · ForexList price$319one-time · not refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$7.97list price onlyTarget ÷ max loss1.67Target 10% · max loss 6%Profit split75%RulesDaily loss not stated · max loss 6%Min days not stated · No time limitTI score63Source: Rebels Funding RF Gold 1-Phase price (opens in a new tab)Checked 14 Oct 2026Visit Rebels Funding
Paid To Trade2-Step Static2-step · ForexList price$399one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$9.97list price onlyTarget ÷ max loss1.25Target 10% + 5% · max loss 8%Profit split80%Payouts: weeklyRulesDaily loss 4% · max loss 8% (static)Min days not stated · No time limitTI score66Source: Paid To Trade 2-Step Static price (opens in a new tab)Checked 14 Oct 2026Visit Paid To Trade
SFX FundedInstant PlansInstant funding · ForexList price$413one-time · refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$10.32list price onlyTarget ÷ max loss–No profit targetProfit split85%Payouts: On demandRulesDaily loss 3% · max loss 6%Min days not stated · No time limitTI score59Source: SFX Funded Instant Plans price (opens in a new tab)Checked 14 Oct 2026Visit SFX Funded
Paid To Trade1-Step Static1-step · ForexList price$480one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$12.00list price onlyTarget ÷ max loss1.67Target 10% · max loss 6%Profit split70%Payouts: weeklyRulesDaily loss 3% · max loss 6% (static)Min days not stated · No time limitTI score66Source: Paid To Trade 1-Step Static price (opens in a new tab)Checked 14 Oct 2026Visit Paid To Trade
Telos Capital1 Step Evaluation1-step · ForexList price$800one-time · not refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$20.00list price onlyTarget ÷ max loss1.67Target 10% · max loss 6%Profit splitNot statedRulesDaily loss not stated · max loss 6% (static)Min days not stated · No time limitTI score50Source: Telos Capital 1 Step Evaluation price (opens in a new tab)Checked 14 Oct 2026Visit Telos Capital
City Traders ImperiumInstant FundingInstant funding · ForexList price$849one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$21.23list price onlyTarget ÷ max loss–No profit targetProfit split50%RulesDaily loss not stated · max loss 6% (static)Min days not stated · No time limitTI score72Source: City Traders Imperium Instant Funding price (opens in a new tab)Checked 14 Oct 2026Visit City Traders Imperium Ad
Trade The PoolSwing1-step · StocksList price$1,240one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$31.00list price onlyTarget ÷ max loss2.14Target 15% · max loss 7%Profit split70%RulesDaily loss 3% · max loss 7%Min days not stated · No time limitTI score63Source: Trade The Pool Swing price (opens in a new tab)Checked 14 Oct 2026Visit Trade The Pool
Instant FundingInstant Funding LiteInstant funding · ForexList price$1,479one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$36.98list price onlyTarget ÷ max loss–No profit targetProfit split80%Payouts: weekly (after first), first after 14 daysRulesDaily loss 4% · max loss 10%Min days not stated · Time limit not statedTI score67Source: Instant Funding Instant Funding Lite price (opens in a new tab)Checked 14 Oct 2026Visit Instant Funding
MubiteInstant FundingInstant funding · CryptoList price$1,735one-time · not refundedAll-in to fundedNot shownActivation fee not statedCost per $1K$43.38list price onlyTarget ÷ max loss–No profit targetProfit split70%first after 14 daysRulesDaily loss not stated · max loss 10%Min days not stated · Time limit not statedTI score52Source: Mubite Instant Funding price (opens in a new tab)Checked 14 Oct 2026Visit Mubite
Instant FundingInstant Funding PROInstant funding · ForexList price$1,849one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$46.23list price onlyTarget ÷ max loss–No profit targetProfit split80%Payouts: weekly (after first), first after 14 daysRulesDaily loss not stated · max loss 10%Min days not stated · Time limit not statedTI score67Source: Instant Funding Instant Funding PRO price (opens in a new tab)Checked 14 Oct 2026Visit Instant Funding
Paid To TradeInstant FundingInstant funding · ForexList price$1,849one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$46.23list price onlyTarget ÷ max loss–No profit targetProfit split80%Payouts: weeklyRulesDaily loss 4% · max loss 8% (static)Min days not stated · Time limit not statedTI score66Source: Paid To Trade Instant Funding price (opens in a new tab)Checked 14 Oct 2026Visit Paid To Trade
City Traders ImperiumDirect FundingInstant funding · ForexList price$1,999one-timeAll-in to fundedNot shownActivation fee not statedCost per $1K$49.98list price onlyTarget ÷ max loss–No profit targetProfit split70%Payouts: on demand, first after 5 daysRulesDaily loss not stated · max loss 6% (static)Min days not stated · No time limitTI score72Source: City Traders Imperium Direct Funding price (opens in a new tab)Checked 14 Oct 2026Visit City Traders Imperium Ad

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