Best Prop Firms for Beginners

Hypernova has the lowest evaluation price to a $100,000 funded account at $400. The median across the 5 firms on this page that publish a $100,000 price is $488, and the most expensive is Vanta Trading at $1,099. Instant-funding accounts are priced separately and cost considerably more per $1,000 of funding.

E8 Markets Perpetuals and Vanta Trading advertise the highest split on this page at 100%, against a median of 90%. The top split usually requires a scaling plan or a paid add-on rather than being the default on a first account.

MyFundedPerps and Hypernova use a static maximum drawdown, measured from your starting balance. 4 firms on this page use a trailing drawdown that follows your peak balance instead, which is materially harder to trade around.

Crypto Fund Trader Perpetuals and PROPR set the lowest first-phase profit target on this page at 5%. A lower target is not automatically easier - check it against the daily and maximum drawdown limits, which is where most evaluations are actually failed.

Across the 6 prop firms for Beginners on this page, the most widely supported platforms are Bybit (1), E8 Terminal (1), Hypernova Terminal (1), MyFundedPerps API (1), MyFundedPerps Trading Terminal (1), Propr Trading Terminal (1). The number in brackets is how many firms here offer that platform.

The payout methods listed most often on this page are Aeropay (US bank-to-bank) (1), Bank transfer (1), Bank transfer (EUR/USD) (1), Bitcoin (BTC) (1), Ethereum (ETH) (1), Rise (1). Payout method and payout frequency are set per firm and can change - each firm profile carries the date its record was last checked.

Rankings combine verification status, community review score, review volume, estimated website traffic and profile completeness. Featured placements are paid and are labelled as such; they never change the organic order. Prop Firm Pal earns affiliate commission from some listed firms, which does not affect ranking or the figures shown.