Forex & CFD prop firms with no activation fee
44 forex & CFD firms, compared on price, rules and payouts. Firms that do not charge a separate activation or performance-account fee after you pass.
Reviewed by the PropFirmVS team (IT infrastructure & prop-firm trading experience)Rules auto-checked
Quick take: At 100K, OFP Funding is the cheapest to get funded: $200 ($200 evaluation, no activation fee, list prices). At 100K, OFP Funding has the lowest total profit target across all phases ($5,000).
How to read this table: rows are sorted by the cost to get funded at the selected size, i.e. the evaluation fee (2 months for monthly subscriptions) plus any activation fee, at list prices; promo codes never change the order. “/mo” marks a monthly subscription. Tap “Details & all sizes” on a row to see every size and the rules. Badges only appear when the underlying figure is verified.
Rules auto-checked 2026-11-06 · every value comes from the firm’s own pages · how we verify and get paid
| Firm | Price (100K) | Activation fee | Total target | Max DD | Drawdown | Consistency | Daily loss | Contracts | Target : DD | Price / $1k DD | Profit split | Payouts | HQ · founded | Steps | Time limit | Deal | Compare |
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![]() OFP Funding forex · cfd Cheapest 100K #1Lowest target 100K News trading OKNo activation fee Target $5,000 · Max DD $5,000 | $200 To get funded: $200 (eval + activation, list price) | None | $5,000 | $5,000 | Static balance | None | $3,000 | Unverified | 1.0 : 1 | $40.0 / $1k drawdown | 80% | Monthly payout day | United Kingdom · 2022 | Instant funding (no evaluation) | Unverified | ||
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Funded Trader Markets forex · cfd · crypto Cheapest 100K #2 Swing-friendlyNews trading OKNo activation fee Target $10,000 · Max DD $6,000 | $249 To get funded: $249 (eval + activation, list price) | None | $10,000 | $6,000 | Trailing intraday | 50% rule | $4,000 | Unverified | 1.7 : 1 | $41.5 / $1k drawdown | 90% on the first $10,000, then 80% | On demand once eligible | United Arab Emirates | 1-step | No time limit | ||
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![]() Lux Trading Firm · 1-Step Evaluation forex · cfd · crypto Cheapest 100K #3 No activation fee Target $10,000 · Max DD $6,000 | ≈$265.37 £199 at the firm To get funded: ≈$265.37 (eval + activation, list price) | None | $10,000 | $6,000 | Static balance | None | Unverified | Unverified | 1.7 : 1 | $44.2 / $1k drawdown | 80% on funded stages | Not confirmed on current pages | United Kingdom · 2020 | 1-step | No time limit | ||
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![]() AquaFunded · 2-Step Pro forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $15,000 · Max DD $10,000 | $279 To get funded: $279 (eval + activation, list price) | None | $15,000 $10,000 + $5,000 | $10,000 | Trailing intraday | None | $5,000 | Unverified | 1.5 : 1 | $27.9 / $1k drawdown | 90% default on all programs | Bi-weekly | United Arab Emirates · 2023 | 2-step | No time limit | ||
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Forexive · 2-Step forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $12,000 · Max DD $12,000 | $299 To get funded: $299 (eval + activation, list price) | None | $12,000 $8,000 + $4,000 | $12,000 | Static balance | Unverified | $5,000 | Unverified | 1.0 : 1 | $24.9 / $1k drawdown | Reward split shown as 100% | First reward within 30 days, then every 14 days | United Kingdom | 2-step | No time limit | ||
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![]() Maven Trading · Standard 3-Step forex · cfd Swing-friendlyNo activation fee Target $3,000 (phase 1) · Max DD $3,000 | $299 with code ETERNAL: $269.10 To get funded: $299 (eval + activation, list price) | None | Total unverified Phase 1: $3,000 | $3,000 | Static balance | None | $2,000 | Unverified | Unverified | $99.7 / $1k drawdown | 80/20 | Every 10 business days | United Arab Emirates · 2022 | 3-step | No time limit | Code checked Oct 18, 2026 · No end date publishedGet deal | |
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Equity Edge · Instant forex · cfd · crypto No activation fee Target No target · Max DD $5,000 | $305 To get funded: $305 (eval + activation, list price) | None | No target | $5,000 | Trailing intraday | 15% rule | $3,000 | Unverified | No target | $61.0 / $1k drawdown | 90% | Every 14 days after the first trade | Saint Lucia | Instant funding (no evaluation) | No time limit | ||
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Forexive · 1-Step forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $10,000 · Max DD $6,000 | $319 To get funded: $319 (eval + activation, list price) | None | $10,000 | $6,000 | Static balance | Unverified | $3,000 | Unverified | 1.7 : 1 | $53.2 / $1k drawdown | Reward split shown as 100% | First reward within 30 days, then every 14 days | United Kingdom | 1-step | No time limit | ||
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![]() Blue Guardian · Standard futures · cfd · forex News trading OKNo activation fee Target $6,000 · Max DD $3,500 | $330 with code NOV30: $231 To get funded: $330 (eval + activation, list price) | None | $6,000 | $3,500 | Trailing end-of-day | None | $2,000 | 8 | 1.7 : 1 | $94.3 / $1k drawdown | 90% | First payout 3 days after first trade | Saint Lucia · 2021 | 1-step | No time limit | Code checked Nov 4, 2026 · No end date publishedGet deal | |
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![]() OneFunded · Value forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $8,000 (phase 1) · Max DD $8,000 | $349 To get funded: $349 (eval + activation, list price) | None | Total unverified Phase 1: $8,000 | $8,000 | Static balance | 40% rule | $4,000 | Unverified | Unverified | $43.6 / $1k drawdown | 80/20 -> 90/10 with the 90/10 add-on | Every 14 days | United Kingdom · 2024 | 2-step | No time limit | ||
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![]() AquaFunded · 2-Step Elite forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $13,000 · Max DD $10,000 | $365 To get funded: $365 (eval + activation, list price) | None | $13,000 $8,000 + $5,000 | $10,000 | Static balance | None | $4,000 | Unverified | 1.3 : 1 | $36.5 / $1k drawdown | 90% default on all programs | Bi-weekly | United Arab Emirates · 2023 | 2-step | No time limit | ||
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![]() Lark Funding · 3-Step forex · cfd · crypto News trading OKNo daily loss limitNo activation fee Target $5,000 (phase 1) · Max DD $5,000 | $370 To get funded: $370 (eval + activation, list price) | None | Total unverified Phase 1: $5,000 | $5,000 | Static balance | None | None | Unverified | Unverified | $74.0 / $1k drawdown | 80/20 performance split on gains above the monthly base | Bi-weekly | Canada · 2022 | 3-step | Unverified | ||
![]() AquaFunded · 2-Step Standard forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $13,000 · Max DD $8,000 | $375 To get funded: $375 (eval + activation, list price) | None | $13,000 $8,000 + $5,000 | $8,000 | Static balance | None | $5,000 | Unverified | 1.6 : 1 | $46.9 / $1k drawdown | 90% default on all programs | Bi-weekly | United Arab Emirates · 2023 | 2-step | No time limit | ||
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![]() Maven Trading · Instant forex · cfd Swing-friendlyNews trading OKNo activation fee Target No target · Max DD $3,000 | $380 with code ETERNAL: $342 To get funded: $380 (eval + activation, list price) | None | No target | $3,000 | Trailing intraday | 20% rule | $2,000 | Unverified | No target | $127 / $1k drawdown | 80/20 | Every 10 business days | United Arab Emirates · 2022 | Instant funding (no evaluation) | No time limit | Code checked Oct 18, 2026 · No end date publishedGet deal | |
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![]() Maven Trading · Standard 1-Step forex · cfd Swing-friendlyNo activation fee Target $8,000 · Max DD $5,000 | $380 with code ETERNAL: $342 To get funded: $380 (eval + activation, list price) | None | $8,000 | $5,000 | Trailing intraday | None | $3,000 | Unverified | 1.6 : 1 | $76.0 / $1k drawdown | 80/20 | Every 10 business days | United Arab Emirates · 2022 | 1-step | No time limit | Code checked Oct 18, 2026 · No end date publishedGet deal | |
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![]() Alpha Capital Group · Alpha Pro 6% forex · cfd Swing-friendlyNews trading OKNo activation fee Target $12,000 · Max DD $6,000 | $397 with code PROPFIRMVS50: $317.60 To get funded: $397 (eval + activation, list price) | None | $12,000 $6,000 + $6,000 | $6,000 | Static balance | None | $3,000 | Unverified | 2.0 : 1 | $66.2 / $1k drawdown | Up to 80% standard | Bi-weekly | United Kingdom · 2021 | 2-step | No time limit | PropFirmVS code from the firm · No end date publishedGet deal | |
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![]() Lux Trading Firm · Insta forex · cfd · crypto No activation fee Target $12,000 · Max DD $6,000 | ≈$398.72 £299 at the firm To get funded: ≈$398.72 (eval + activation, list price) | None | $12,000 | $6,000 | Static balance | None | Unverified | Unverified | 2.0 : 1 | $66.5 / $1k drawdown | 80% on funded stages | Not confirmed on current pages | United Kingdom · 2020 | Instant funding (no evaluation) | No time limit | ||
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FXIFY · Three Phase forex · cfd Swing-friendlyNews trading OKNo activation fee Target $5,000 (phase 1) · Max DD $5,000 | $399 with code PROPFIRMVS: $359.10 To get funded: $399 (eval + activation, list price) | None | Total unverified Phase 1: $5,000 | $5,000 | Static balance | None | $5,000 | Unverified | Unverified | $79.8 / $1k drawdown | up to 90% | First payout on demand | United Kingdom · 2023 | 3-step | Unverified | PropFirmVS code from the firm · No end date publishedGet deal | |
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![]() FundedNext · Stellar Lite forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $12,000 · Max DD $8,000 | $399.99 with code PROPFIRMVS: $319.99 To get funded: $399.99 (eval + activation, list price) | None | $12,000 $8,000 + $4,000 | $8,000 | Static balance | None | $4,000 | Unverified | 1.5 : 1 | $50.0 / $1k drawdown | 80% | First after 21 days, then every 14 days | United Arab Emirates · 2022 | 2-step | No time limit | PropFirmVS code from the firm · No end date publishedGet deal | |
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![]() The5ers · High Stakes forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $15,000 · Max DD $8,000 | $405 To get funded: $405 (eval + activation, list price) | None | $15,000 $10,000 + $5,000 | $8,000 | Static balance | None | $4,000 | Unverified | 1.9 : 1 | $50.6 / $1k drawdown | High Stakes starting 80% | Bi-weekly | Israel · 2016 | 2-step | No time limit | ||
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Equity Edge · Swift 1-Step forex · cfd · crypto No activation fee Target $8,000 · Max DD $5,000 | $407 To get funded: $407 (eval + activation, list price) | None | $8,000 | $5,000 | Trailing intraday | Unverified | $3,000 | Unverified | 1.6 : 1 | $81.4 / $1k drawdown | 80%, up to 90% via the scaling plan | Every 14 days after the first trade | Saint Lucia | 1-step | No time limit | ||
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![]() AquaFunded · 1-Step Standard forex · cfd · crypto Swing-friendlyNews trading OKNo activation fee Target $9,000 · Max DD $6,000 | $421 To get funded: $421 (eval + activation, list price) | None | $9,000 | $6,000 | Trailing intraday | None | $3,000 | Unverified | 1.5 : 1 | $70.2 / $1k drawdown | 90% default on all programs | Bi-weekly | United Arab Emirates · 2023 | 1-step | No time limit | ||
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![]() Maven Trading · Mini forex · cfd Swing-friendlyNo activation fee Target No target · Max DD $3,000 | $440 with code ETERNAL: $396 To get funded: $440 (eval + activation, list price) | None | No target | $3,000 | Trailing intraday | 15% rule | $2,000 | Unverified | No target | $147 / $1k drawdown | 70/30 | 24 hours | United Arab Emirates · 2022 | Instant funding (no evaluation) | 1 days | Code checked Oct 18, 2026 · No end date publishedGet deal | |
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![]() Maven Trading · Standard 2-Step forex · cfd Swing-friendlyNo activation fee Target $13,000 · Max DD $8,000 | $440 with code ETERNAL: $396 To get funded: $440 (eval + activation, list price) | None | $13,000 $8,000 + $5,000 | $8,000 | Static balance | None | $4,000 | Unverified | 1.6 : 1 | $55.0 / $1k drawdown | 80/20 | Every 10 business days | United Arab Emirates · 2022 | 2-step | No time limit | Code checked Oct 18, 2026 · No end date publishedGet deal | |
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Atlas Funded · 2-Step forex · cfd Swing-friendlyEA-friendlyNews trading OK Target $13,000 · Max DD $10,000 | $443 with code PROPFIRMVS: $243.65 To get funded: $443 (eval + activation, list price) | None | $13,000 $8,000 + $5,000 | $10,000 | Static balance | None | $5,000 | Unverified | 1.3 : 1 | $44.3 / $1k drawdown | 90% standard | First payout 14 days after funding, then every 14 days | United Arab Emirates | 2-step | No time limit | PropFirmVS code from the firm · No end date publishedGet deal | |
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This page shows the 25 products with the lowest cost to get funded at 100K (of 158 that match). Filters and sorting here apply to these 25. Compare all of them in the full table: Futures (1 firm) · Forex & CFD (41 firms) · Crypto (2 firms)
How we selected these firms
- The firm charges no activation or funded-account fee on its main program (verified).
- Individual products can still differ: the per-size table shows the activation fee for each product.
- Monthly data fees and reset fees are separate costs and are not part of this filter.
What an activation fee is
An activation fee is a one-time charge (at a few firms a monthly one) to turn a passed evaluation into a funded account. It is due after you pass, so the advertised evaluation price is not the full price of getting funded.
44 of 78 firms (56%) charge no activation fee on their main program. Among futures firms that do charge one at the 100K size, the fees we verified run from $120 to $259.
Worked example: 100K futures, evaluation plus activation
Blue Guardian 100K Standard costs $330 with no activation fee, so the cost to get funded is $330.
Funded Futures Network 100K MAX Standard lists $348 plus a $120 activation fee: $468 in total.
A low evaluation price with a high activation fee can cost more than a pricier evaluation with none. The cost-to-get-funded column in our tables adds both for you.
Cheapest 100K futures products with no activation fee
Sorted by cost to get funded at list price (evaluation, counted twice when billed monthly, plus activation).
| Firm | Product | Evaluation | Billing | Cost to get funded |
|---|---|---|---|---|
| Blue Guardian | Blue Guardian 100K Standard | $330 | One-time | $330 |
No activation fee is not the whole story
Some firms without an activation fee charge in other ways: a monthly evaluation, a monthly data fee, a reset fee, or a lower profit split on the first payouts. Others offer a “no activation fee” version of a plan at a higher evaluation price. Compare the total, not one line.
FAQ
What is a prop firm activation fee?
A one-time (sometimes monthly) charge to activate the funded account after you pass the evaluation. It is paid on top of the evaluation price.
Is a firm with no activation fee always cheaper?
No. A higher evaluation price, a monthly subscription or a data fee can outweigh the saving. Compare the cost to get funded, which adds the evaluation and any activation fee.
Can a firm have no activation fee on some plans and a fee on others?
Yes. Several firms sell plan versions with and without an activation fee. This list uses the firm’s main program; open a row in the table to see each product.
Is the activation fee refunded?
Rarely. Some firms refund the evaluation fee with the first payout, but activation fees are usually not refundable. Check the refund rule on the firm page.
Related
One-time evaluation feeActivation and data feesCheapest prop firmsChallenge cost calculatorNo daily loss limitNews tradingWeekend holdingOvernight holding









