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PickMyFirm

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Prop firms with no activation fee

Pass and get funded without a second fee to switch the account on.
Firms on this list
78
Cheapest plan
$9

How a firm makes this list: Publishes prices and none of its plans charges an activation fee. Only firms whose rules and prices we've checked are included. Use code SCOUT at checkout.

  1. FundingPipsVerified

    Large Dubai-based firm: 1-Step Flex, three 2-Step models and Zero instant accounts.

    No activation fee

    Rating
    4.6/5
    From
    $29
    Split
    100%
  2. BreakoutVerified

    Kraken-owned firm with one-step crypto evaluations on its own terminal and USDC payouts.

    No activation fee

    Rating
    4.5/5
    From
    $20
    Split
    90%
  3. FTMO FuturesVerified

    FTMO's futures arm: one-step monthly evaluation with Growth and Pro sim-funded tracks.

    No activation fee

    Rating
    4.5/5
    From
    $119
    Split
    90%
  4. The5ersVerified

    Long-running firm (since 2016) with 1, 2 and 3-step programs and scaling to $4M.

    No activation fee

    Rating
    4.5/5
    From
    $19
    Split
    100%
  5. Lux Trading FirmVerified

    UK firm with a refundable 1-step evaluation, a one-off-payout instant option and a prediction-markets track.

    No activation fee

    Rating
    4.4/5
    From
    £45
    Split
    80%
  6. MyFundedPerpsVerified

    Simulated crypto-perps challenges on its own platform, from the MyFundedFutures team.

    No activation fee

    Rating
    4.4/5
    From
    $40
    Split
    80%
  7. City Traders ImperiumVerified

    Operating since 2018; 1-step, 2-step, instant and direct funding on MT5 and Match-Trader.

    No activation fee

    Rating
    4.2/5
    From
    $29
    Split
    100%
  8. Moneta FundedVerified

    Broker-backed firm (Moneta Markets) with 1-step, 2-step, instant and Phoenix programs on MT5 and Match-Trader.

    No activation fee

    Rating
    4.2/5
    From
    $33
    Split
    88%
  9. Traders LaunchVerified

    Philadelphia futures firm with one-time fees, EOD drawdown that locks, and daily payouts.

    No activation fee

    Rating
    4.2/5
    From
    $119
    Split
    90%
  10. Atlas FuturesVerified

    Futures side of Atlas Funded: four CME programs on Volumetrica, $25K to $150K.

    No activation fee

    Rating
    4.1/5
    From
    $85
    Split
    90%
  11. HypernovaVerified

    On-chain perps prop firm on Hyperliquid data; instant USDC payouts, public reserve.

    No activation fee

    Rating
    4.1/5
    From
    $25
    Split
    80%
  12. HyroTraderVerified

    Crypto firm on Bybit/BloFin demo accounts or its own terminal, refundable deposits.

    No activation fee

    Rating
    4.1/5
    From
    $59
    Split
    90%
  13. Lucid TradingVerified

    One-time-fee futures firm with Pro, Flex, Daily and Direct plans and 90% split.

    No activation fee

    Rating
    4.1/5
    From
    $65
    Split
    90%
  14. SizePropVerified

    Cayman-run perps simulator with one-phase Degen and Speedrun tests, USDT payouts.

    No activation fee

    Rating
    4.0/5
    From
    $32
    Split
    95%
  15. TradeDayVerified

    Chicago futures firm since 2020: monthly Quick Pay and Fast Pass evaluations.

    No activation fee

    Rating
    4.0/5
    From
    $100
    Split
    90%
  16. UProfitVerified

    Futures firm since 2019 with monthly DAY 2.0 evaluations (Soft and Flex) on TradingView.

    No activation fee

    Rating
    4.0/5
    From
    $49
    Split
    90%
  17. BitFundedVerified

    Crypto-only firm on its own platform: 1-step, 2-step, express and instant accounts.

    No activation fee

    Rating
    3.9/5
    From
    $39
    Split
    80%
  18. FundedNextVerified

    UAE-based firm with Stellar 2-Step, 1-Step, Lite and Instant CFD programs plus futures.

    No activation fee

    Rating
    3.9/5
    From
    $33
    Split
    95%
  19. FundingRockVerified

    Instant, 1-Step, 2-Step and pay-after-pass plans on TradeLocker and cTrader.

    No activation fee

    Rating
    3.9/5
    From
    $40
    Split
    95%
  20. Kraken PropVerified

    Kraken's in-app crypto prop program: three 1-step plans, launched May 2026.

    No activation fee

    Rating
    3.9/5
    From
    $20
    Split
    90%
  21. Lark FundingVerified

    Montreal-based firm with Instant, 1-Step, 1-Step Max and 3-Step plans; Rise payouts.

    No activation fee

    Rating
    3.9/5
    From
    $99
    Split
    90%
  22. NYS MarketsVerified

    Saint Lucia-registered firm selling CFD challenges on MT5, plus futures, stocks and crypto programs.

    No activation fee

    Rating
    3.9/5
    From
    $38
    Split
    100%
  23. Orion FundedVerified

    UAE-registered firm (since 2023) with 3-step, 2-step, instant and pay-after-pass programs on MT5 and Match-Trader.

    No activation fee

    Rating
    3.9/5
    From
    $49
    Split
    90%
  24. RZR FundedVerified

    Broker-backed CFD firm (ex-Hantec Trader) with 1 to 3 step and instant programs on MT5.

    No activation fee

    Rating
    3.9/5
    From
    $13
    Split
    95%
  25. The5ers FuturesVerified

    One-step futures evaluation with Day Trade and Swing options on the BlackArrow platform.

    No activation fee

    Rating
    3.9/5
    From
    $59
    Split
    80%
  26. Atlas FundedVerified

    Forex/CFD firm with Instant, 1-Step, 2-Step, Daily and $5-entry Access programs.

    No activation fee

    Rating
    3.8/5
    From
    $43
    Split
    90%
  27. FundedNext FuturesVerified

    Futures arm of FundedNext with Flex, Rapid and Direct programs and up to 95% reward share.

    No activation fee

    Rating
    3.8/5
    From
    $142
    Split
    95%
  28. Hola Prime FuturesVerified

    Hong Kong-based firm's futures arm: 1-Step Prime evaluation and a Direct account.

    No activation fee

    Rating
    3.8/5
    From
    $99
    Split
    90%
  29. MyFundedFuturesVerified

    One-time-fee futures firm with Rapid, Builder, Pro and low-cost static Studio plans.

    No activation fee

    Rating
    3.8/5
    From
    $75
    Split
    90%
  30. TradeifyVerified

    One-time-fee futures evaluations (Growth, Select) plus instant-funded Lightning accounts.

    No activation fee

    Rating
    3.8/5
    From
    $99
    Split
    90%
  31. Tradeify FXVerified

    CFD brand of Tradeify with 1-step, 2-step and instant plans on MT5 only.

    No activation fee

    Rating
    3.8/5
    From
    $55
    Split
    80%
  32. Blue Guardian FuturesVerified

    One-time-fee futures evaluations (Standard, Reserve, Express) and a Direct funded account.

    No activation fee

    Rating
    3.7/5
    From
    $72
    Split
    90%
  33. Maven TradingVerified

    Dubai-registered firm with 1/2/3-step, instant and pay-later programs from 2K accounts, on MT5 and Match-Trader.

    No activation fee

    Rating
    3.7/5
    From
    $13
    Split
    90%
  34. Trade The PoolVerified

    US stocks and ETFs prop firm with day and swing evaluations and 24/5 trading.

    No activation fee

    Rating
    3.7/5
    From
    $47
    Split
    70%
  35. TTT MarketsVerified

    Forex CFD prop firm since 2022 with 1-/2-step, Lite, instant and subscription plans.

    No activation fee

    Rating
    3.7/5
    From
    $11
    Split
    80%
  36. Blue GuardianVerified

    Dubai-run CFD firm with instant, 1-step, 2-step and Nano plans, plus futures programs.

    No activation fee

    Rating
    3.6/5
    From
    $27
    Split
    100%
  37. Hola PrimeVerified

    1-Step, 2-Step and Direct Account plans on MT5, cTrader, TradeLocker and Match-Trader.

    No activation fee

    Rating
    3.6/5
    From
    $39
    Split
    95%
  38. Nordic FunderVerified

    Scandinavian-branded programme with one-time fees from 25 USD across FX, crypto, equities and instant tracks.

    No activation fee

    Rating
    3.6/5
    From
    $25
    Split
    90%
  39. ProprVerified

    BVI perps prop firm on Hyperliquid with 80% rewards, USDC payouts and a public reserve.

    No activation fee

    Rating
    3.6/5
    From
    $25
    Split
    80%
  40. TenTradeVerified

    Seychelles-licensed broker with TenEdge and TenExpress funded accounts on MT5.

    No activation fee

    Rating
    3.6/5
    From
    $32
    Split
    70%
  41. Top One FuturesVerified

    Wyoming-registered simulated futures firm with monthly evaluations and instant accounts.

    No activation fee

    Rating
    3.6/5
    From
    $178
    Split
    90%
  42. BEM FundingVerified

    UAE firm with 1- and 2-step evaluations on MT5/cTrader across FX, indices and crypto.

    No activation fee

    Rating
    3.5/5
    From
    $39
    Split
    80%
  43. E8 MarketsVerified

    Configurable E8 One and static-drawdown E8 Pro on MT5, TradeLocker, cTrader, Match-Trader.

    No activation fee

    Rating
    3.5/5
    From
    $28
    Split
    100%
  44. Equity EdgeVerified

    Saint Lucia firm: Legacy, Swift, Flagship and Instant programs on MT5 and Match-Trader.

    No activation fee

    Rating
    3.5/5
    From
    $15
    Split
    90%
  45. FintokeiVerified

    Czech firm with 2-step, swing, 1-step and starter programs; payouts every 14 days.

    No activation fee

    Rating
    3.5/5
    From
    $34
    Split
    90%
  46. FTMOVerified

    Prague-based firm operating since 2015 with 2-step, 1-step and instant CFD programs.

    No activation fee

    Rating
    3.5/5
    From
    €79
    Split
    90%
  47. Funded Futures FamilyVerified

    California-incorporated futures firm with monthly evals, S2F plans and 90% split.

    No activation fee

    Rating
    3.5/5
    From
    $144
    Split
    90%
  48. FXIFYVerified

    London-registered, broker-backed firm with 1-/2-/3-phase, Lightning and Instant plans.

    No activation fee

    Rating
    3.5/5
    From
    $39
    Split
    100%
  49. RebelsFundingVerified

    Slovak firm with 1 to 4 phase programs and its own RF-Trader platform; EUR pricing.

    No activation fee

    Rating
    3.5/5
    From
    €38
    Split
    90%
  50. Finotive FuturesVerified

    Dubai-based futures firm with a 1-Step evaluation and an Instant account, 90% split.

    No activation fee

    Rating
    3.4/5
    From
    $129
    Split
    90%
  51. Funded Trading PlusVerified

    Owned by Instant Funding since 2026; 1-step, 2-step, instant and $4 pay-later accounts.

    No activation fee

    Rating
    3.4/5
    From
    $89
    Split
    90%
  52. QT FundedVerified

    CFD firm with 1-step, 2-step and instant programs on MT5 and TradeLocker.

    No activation fee

    Rating
    3.4/5
    From
    $35
    Split
    100%
  53. Blueberry FuturesVerified

    Broker-backed futures firm with monthly Ascent (EOD) and Accelerated (trailing) evals.

    No activation fee

    Rating
    3.3/5
    From
    $129
    Split
    90%
  54. BrightFunded FuturesVerified

    Futures arm of BrightFunded: BrightPlus (daily payouts) and BrightCore (5-day payouts), no daily loss limit.

    No activation fee

    Rating
    3.3/5
    From
    $120
    Split
    100%
  55. Carrot FundingVerified

    DeFi-native firm trading on Hyperliquid, with USDC payouts on Arbitrum and an 80% split.

    No activation fee

    Rating
    3.3/5
    From
    $65
    Split
    80%
  56. Forex Funds FlowVerified

    Saint Lucia firm: 1-step, 2-step, instant static and Boost programs on MT5, Match-Trader.

    No activation fee

    Rating
    3.3/5
    From
    $49
    Split
    90%
  57. FTUKVerified

    Low-entry Flex challenge (4% target, pay after you pass) plus instant accounts.

    No activation fee

    Rating
    3.3/5
    From
    $65
    Split
    90%
  58. Hash HedgeVerified

    Futures desk with 1- and 2-stage challenges, own terminal and 14-day USDT payouts.

    No activation fee

    Rating
    3.3/5
    From
    $79
    Split
    90%
  59. HyperPNLVerified

    On-chain perps prop firm on Hyperliquid data; 1-step or 2-step Flex, daily USDC payouts.

    No activation fee

    Rating
    3.3/5
    From
    $42
    Split
    80%
  60. Klein FundingVerified

    Crypto-only evaluations on Bybit or its Cleo terminal, with on-demand rewards.

    No activation fee

    Rating
    3.3/5
    From
    $36
    Split
    90%
  61. Legion FundingVerified

    New Saint Lucia firm with 2-Step, 1-Step, Instant and Fast Track plans on MT5.

    No activation fee

    Rating
    3.3/5
    From
    $9
    Split
    80%
  62. PropFundedVerified

    Crypto-perp evaluations on a Cleo terminal with 7-day USDT payout windows.

    No activation fee

    Rating
    3.3/5
    From
    $79
    Split
    80%
  63. Atmos FundedVerified

    Taurex-backed MT5 firm with 2-Step, Instant and a $5-entry Nova program.

    No activation fee

    Rating
    3.2/5
    From
    $63
    Split
    90%
  64. CointractsVerified

    Crypto-only firm with 1- and 2-step challenges and USDT (TRC-20) payouts.

    No activation fee

    Rating
    3.2/5
    From
    $25
    Split
    80%
  65. E8 PerpetualsVerified

    E8 Markets' perpetual-futures accounts (E8 One, E8 Pro) on the E8 Terminal.

    No activation fee

    Rating
    3.2/5
    From
    $34
    Split
    100%
  66. FundedHiveVerified

    Web3 prop firm with cTrader, pay-from-profits, classic 2-step and instant-growth models.

    No activation fee

    Rating
    3.2/5
    From
    $15
    Split
    80%
  67. PipFarmVerified

    cTrader-only firm (since 2024) with one-, two-stage, instant and pay-with-profits programs up to 150K.

    No activation fee

    Rating
    3.2/5
    From
    $25
    Split
    99%
  68. WenCryptoVerified

    Crypto-only firm from the Maven Trading team: single, double and pay-later plans.

    No activation fee

    Rating
    3.2/5
    From
    $44
    Split
    80%
  69. E8 FuturesVerified

    One-phase futures evaluations (Signature, Zero) with EOD drawdown, on Tradovate only.

    No activation fee

    Rating
    3.1/5
    From
    $120
    Split
    100%
  70. Funded Trader MarketsVerified

    UAE-run simulated firm: Nitro 1-step, 2-Step Plus and three Instant models.

    No activation fee

    Rating
    3.1/5
    From
    $43
    Split
    90%
  71. HumbPropVerified

    Singapore firm backed by an exchange: instant funding and a pay-as-you-progress 2-step.

    No activation fee

    Rating
    3.1/5
    From
    $50
    Split
    70%
  72. Ment FundingVerified

    One-step forex evaluation up to 2M with no time limit; also sells futures and equities programs.

    No activation fee

    Rating
    3.1/5
    From
    $325
    Split
    90%
  73. Sure Leverage FundingVerified

    MT5 and TradeLocker firm with instant, 1-step, 2-step and pay-later programs.

    No activation fee

    Rating
    3.0/5
    From
    $46
    Split
    90%
  74. Solana FundedVerified

    Dubai-run memecoin prop firm for Solana traders with a Launchpad pay-later plan.

    No activation fee

    Rating
    2.9/5
    From
    $76
    Split
    90%
  75. WSFundedVerified

    Prop firm with 1- and 2-step, instant and pay-after-pass plans, 80% split, 3 platforms.

    No activation fee

    Rating
    2.9/5
    From
    $25
    Split
    80%
  76. BrightFundedVerified

    Dubai-based firm with one 1-step and two 2-step CFD evaluations on MT5, cTrader, DXtrade.

    No activation fee

    Rating
    2.8/5
    From
    €47
    Split
    100%
  77. UpscaleVerified

    Web3 prop platform with a TradingView-based terminal, USDT payouts and no KYC.

    No activation fee

    Rating
    2.7/5
    From
    $69
    Split
    90%
  78. PropWVerified

    Dubai-run crypto firm tied to CoinW: 1-step and 2-step packages, USDT rewards.

    No activation fee

    Rating
    2.6/5
    From
    $15
    Split
    80%

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