Best Prop Firm for Beginners: Tested 8 Firms
Last updated: July 2026 | 6 min read
If you're new to prop firm challenges, you need a firm that doesn't rush you, has easy targets, and forgives mistakes. I tested 8 firms with these criteria.
The Winner: FundedNext
- Unlimited time — no 30-day pressure
- Lower profit target — 8% vs FTMO's 10%
- Cheaper — for vs FTMO's
- Fee refund — get entry fee back after first payout
- Active community — traders sharing tips daily
Runner-Up: Apex Trader Funding
- No time limit at all
- Can pass in 1 day if you hit target
- for account (better value per dollar)
- No daily loss rule on PA accounts
Firms to Avoid for Beginners
- FTMO — too expensive, 30-day timer adds pressure, entry
- TopStepTrader — confusing rules for new traders
- Earn2Trade — tight drawdown limits
Your First Challenge Checklist
- Pick FundedNext or Apex
- Start with smallest account ( or )
- Budget for 2-3 attempts
- Practice on demo for 2 weeks first
- Journal every trade