Prop firms

Which $5,000 crypto prop firm evaluation is cheapest after codes? One without a code

Codes showed up on 5 of the 16 plans compared, and the largest took 30% off the fee. The lowest price still belongs to a plan that lists no code.

The cheapest paid trading test for a $5,000 crypto prop firm account, after discount codes, costs $15 at Vest Markets' 2-Step, with no code needed. That fee is the one payment made on every attempt, so the price after codes is the number to compare before buying a first evaluation.

Across the 16 firms compared, prices with codes run as high as $69. Codes showed up on 5 of the plans, and the largest took 30% off the fee. None of those discounts brought a plan below the one that lists no code.

Cheapest $5,000 crypto prop firm evaluations after codes
PlanList priceCodeProfit targetMaximum loss
MyFundedPerpsElite, 3% daily loss limit$49SALUTE$3410%5% static
Vest Markets (Vest Capital)2-Step$15None listed$1510%, then 5%6% static
HyroTraderHyro Core$19On the firm's site$17.1010%5% static
Breakout1-Step Turbo$20None listed$209%3% static
Kraken PropAdvanced$20None listed$209%3% static
CoinPropBooster$24None listed$249%3% static
Vanta TradingClassic, 60% split, 3% daily loss limit$33FALL$2410%5% static
HypernovaTight risk$25None listed$259%3% static
ProprTurbo 1-Step$25None listed$259%3% static
E8 MarketsE8 Pro, 6% drawdown$28None listed$286%6% static
SizePropDegen$32IGLOO$28.808%3% static
For TradersFast$46NEW20$36.80 on the first purchase; later $39.10 with TRADE1510%5% static
Bitfunded1-Step Express$39None listed$399%3% static
Crypto Fund Trader1-Phase Evaluation$40None listed$4010%6% trailing to start
HyperPNL1-Step Flex$42None listed$4210%5% static
UpscaleBasic, Crypto$69None listed$695%, then 8%10% static
Each row shows the directory's lowest recorded dollar price for an eligible $5,000 evaluation at that firm on 11 November 2026. Where a discount is shown, its purchase and redemption terms apply. A plan with a second fee on passing is priced at both together. Green marks the three lowest prices, red the three highest. MyFundedPerps is built by the team behind My Funded Futures, which has a commercial relationship with OptimistFi.

That leaves a trader with a code in hand two questions: what the code covers, and what the cheaper plan asks in return.

Cheapest after codes
$15
Vest Markets (Vest Capital)
Firms compared
16
Directory firms with an eligible dollar price
Plans with a recorded code
5
Discounts on the plans shown

What does a discount code take off?

A code takes a stated share off the evaluation fee at checkout. Some cover only a first purchase, and some exclude certain plans.

For Traders shows the first-purchase case on its Fast plan. The $46 list price comes to $36.80 with NEW20 on a first purchase, and a later purchase is quoted at $39.10 with TRADE15.

That second quote is the useful part for anyone who expects to need another try. A code limited to a first purchase says nothing about the next price unless the firm quotes it.

HyroTrader's Hyro Core comes closest to the top spot. Its code is listed on the firm's own site and brings the $19 list price to $17.10.

One more payment can belong in the sum. Where a firm charges a second fee when a trader passes, the price to compare is both payments together.

Get new codes first

An email the day a crypto prop firm posts a new discount code or changes a rule.

Only when something changes. Unsubscribe in one click.

What does the 2-Step ask of a trader?

It asks for two phases on a simulated $5,000 account, traded on Vest Markets' own perps platform. The first phase targets 10% profit and the second 5%.

The loss rules are measured from the starting balance. The maximum loss is 6% static, a fixed floor that does not rise as the account gains, and the daily loss limit is 3%.

A trader who clears both phases gets an 80% split, the share of the funded account's simulated profit that the firm pays out.

Hyro Core takes the other route: one phase, a 10% target and a 5% static maximum loss. A trader comparing the two cheapest plans is weighing one phase against two, at fees close together.

Price and loss room do not always move together. Several plans priced from $20 to $25 pair a 9% target with a 3% static maximum loss.

A tighter limit can make a cheaper test cost more over the attempts it takes, since each failed try means paying the fee again.

What would change the answer?

The ranking covers one size only. Vest lists accounts from $500 to $50,000, and this answer holds only for the $5,000 account.

Within that size, the answer rests on codes. Most plans in the comparison list none today, so a new code on one of them, or a lower coded price at Hyro Core, could reorder the top of the table.

The figure that would change the picture is any price with a code that comes in below the 2-Step's list price.

Can US traders buy the Vest 2-Step?

Vest's prop terms allow it. Profit is paid to a Vest exchange account, and that exchange's terms bar the US, so a US trader checks the payout route before buying.

Can a trader get the evaluation fee back at Vest?

Only if the account is unused: within 3 days of purchase and before any trade. Refund terms differ by firm, and several in the comparison list no refund at all.

How often does Vest pay out?

On demand, around the clock. Vest lists no cap on how often or how much a funded trader can request.

How this was reported. This comparison uses OptimistFi’s stored program prices and offer checks, assembled 11 November 2026. The figures are not individual checkout quotes. Firms change prices and codes without notice, so the firm's checkout is the authority.

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.

Sai Mukkamala is the lead engineer of OptimistFi, building the data systems behind its perps coverage, and an active voice in the perps community. At OptimistFi, Sai covers the venues, the data and the industry news that move the perps market. Tips: hello@optimistfi.com

Get new codes first

An email the day a crypto prop firm posts a new discount code or changes a rule.

Only when something changes. Unsubscribe in one click.

Keep reading

All perps news

About OptimistFi Perps · Standards and corrections · Tips and contact

ScoutJUST THIS STORY

LET’S MAKE THIS USEFUL · 1 OF 5

How would you like me to explain this?

Tell me what you want from this read. Start with a quick note, then adjust the details. Your other stories stay as they are.

We’ll remember your view of this story. The published article stays unchanged.

THIS STORY’S READING VIEWStandard · The whole picture

Clear explanations with context. Both sides of the evidence.