Prop firms

How much does a crypto prop firm evaluation cost? Most start under $50

The entry fee buys one attempt on a test account, and the size of that account moves the price more than anything else. A $50,000 plan shows what a bigger fee buys in room for losses.

With $50 set aside, a trader can buy a crypto prop firm evaluation at 19 of the 22 firms that list a comparable price. The cheapest test costs $9, at HyroTrader.

The fee pays for one attempt at a trading test, and a funded account comes only after a pass. A lower price often means a smaller test account, so the sticker alone says little.

Evaluation prices at every perp prop firm
MyFundedPerps$40$10,0009–10%
HyroTrader$9$2,50010% or none
Vest Markets (Vest Capital)$15$5,0005–20% or none
Breakout$20$5,0009–12%
Kraken Prop$20$5,0006–12%
Kraken Funded$20$1,00012%
CoinProp$24$5,0009–10%
Propr$25$5,0005–12%
Hypernova$25$5,0009–10%
E8 Markets$28$5,0008–9% (at default)
SizeProp$32$5,0006.5–8%
FundedNext$32.99$5,0008–10% or none
Vanta Trading$33$5,00010% or none
Bitfunded$39$5,0008–10% or none
BEM Funding$39$5,0006–9%
Crypto Fund Trader$40$5,0008–10%
HyperPNL$42$5,00010%
WenCrypto$44$5,0004–10%
For Traders$46$5,00010%
Upscale$59$5,0005–10% or none
Hyperstack (Vanta Trading Challenge)$74$5,00010%
Leveraged$85$10,0006%
From OptimistFi's stored readings of each firm's pages, assembled 12 November 2026; check dates vary by firm. In each column: a range covers the firm's plans, "or none" marks a plan without the rule, and brackets carry the one condition that matters. Profit target: the first (or only) phase. Green marks the three best figures for a trader, red the three worst. Each firm's page has its full wording. MyFundedPerps is built by the team behind My Funded Futures, which has a commercial relationship with OptimistFi.

The most common entry price is $20, charged by three firms. What those small sums buy only shows once the rules are put in dollars.

Firms compared
22
Every crypto prop firm in our tables that answers this
The question
What does a crypto prop firm evaluation cost
Answered in each firm's own terms, in the table below
Longest unchanged
31 days
HyroTrader, the steadiest page we read

What the entry fee buys

An evaluation is a paid trading test on an account of a stated size, usually simulated. Hit the profit target without breaching a loss limit, and the firm offers a funded account. Breach a limit and that attempt is over.

Take Breakout's 1-Step Turbo plan, which runs on the firm's own simulated platform. Its $50,000 account costs $180, and the profit target is $4,500 (9%).

The daily loss limit and the overall loss limit are both $1,500 (3%), the overall one fixed from the starting balance. One bad day can end the test.

Pass, and the funded account pays the trader 80% of profits.

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Price follows account size

HyroTrader's cheapest test, Hyro Core, is on a $2,500 account. At most firms, the cheapest test buys a $5,000 account instead.

The dearest first step is $85 at Leveraged, for a $10,000 Turbo account. Its page splits that into $8.88 to start and a $76.12 activation fee.

Leveraged describes those evaluations as mostly paid for after passing, under a plan it calls Pay After You Pass. The sticker and the upfront cost are two different numbers there.

So the fair comparison is the fee per thousand dollars of account. A $40 evaluation on a $5,000 account costs $8 per thousand, twice the rate of $100 on a $25,000 one.

What a bigger fee buys at $50,000

At the $50,000 size, the plans that can be set side by side run from the Breakout plan above to Hyperstack's challenge, the dearest. A higher fee does not always buy the same thing.

Upscale's Basic plan, in its RWA version, costs $349 and runs in two steps. The first target is 5% of the account, and the second is $4,000 (8%).

Its overall loss limit is $5,000 (10%), the widest among these $50,000 plans. That is room a trader can lose without the test ending, spread across both steps.

Hyperstack's challenge costs $579 and sets daily and overall loss limits of 5% each, half of Upscale's overall limit. The overall one trails the end-of-day high. Its 90% split is paid to invited Scaled Trader Program participants.

The price to watch

The bottom of the price range rests on one plan, Hyro Core. HyroTrader's page has gone unchanged for 31 days to 12 November.

If Hyro Core's price changes, the cheapest way into a crypto prop firm test changes with it.

Is a cheaper crypto prop firm evaluation easier to pass?

Not by itself. A lower fee often buys a smaller account, and the profit target and loss limits decide how much the attempt asks of a trader.

Do you pay again after failing an evaluation?

Usually, yes. An attempt that breaches a limit is over, and the next one is generally bought again at full price.

Does the cheapest listed price include add-ons?

Often not. Several firms sell a higher profit split, such as 90% in place of 80%, as an extra bought at checkout on top of the listed price.

How this was reported. This table uses OptimistFi's stored readings of firm rules; the article date is not a fresh-check date for every cell. Automated page checks can be unavailable and stored terms can lag a firm's current page. Program, stage and calculation rules differ. Dollar examples are labeled arithmetic, not observed returns or promises of passing. Consult the cited program rules and account agreement before paying.

Sources and data receipts (2)
How perps work
  • A perp (perpetual future) is a contract that tracks a price with no expiry date, so a trader can hold a bet that it rises (long) or falls (short) for as long as they like.
  • Funding is a small payment between the two sides on a schedule (every hour on some venues, every eight hours on others): when the perp trades above the price it tracks, longs pay shorts, and when it trades below, shorts pay longs.
  • Open interest is the value of all positions still open. Every long has a short on the other side, so it is one net figure, not a count of buyers or sellers.
  • Leverage lets a trader control a position larger than their deposit, up to a cap the venue sets for each market, such as 20x.
  • Liquidation is the venue closing all or part of a position when the equity supporting it falls below the required maintenance margin. The trigger depends on the venue's rules, collateral, other positions sharing that collateral, fees and funding. A leverage setting alone does not determine the liquidation price.
  • What the price follows is the venue's choice: each venue decides which index or contract its perp tracks, so two venues' "oil" or "gold" perps can follow different things.

James Ha is a contributing writer at OptimistFi. At OptimistFi, James covers stock perps and the companies behind them. Tips: hello@optimistfi.com

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