Cost to get funded calculator

Divide the fee by your chance of success and you get the real price of getting funded. Pick a challenge to use our benchmark odds, or put in your own from the test centre.

How the real cost is worked out

If a challenge passes 1 time in 4, the average trader buys it 4 times before getting funded. So the expected cost of getting funded is the fee ÷ the chance of passing, and the expected cost of a first payout is the fee ÷ the chance of passing and getting paid.

When the firm refunds the fee with the first payout, the last fee comes back, so the net cost is one fee less. The chance of passing at least once in a number of attempts is 1 − (chance of failing) to the power of the number of attempts.

The answer is only as good as the pass chance you put in. Our benchmark figures come from the same made-up trader replayed against every account, which ranks the rules fairly but isn't you. Test your own trades to get your own figure.

Read the guide: Are prop firm challenges worth it?

Fill it in from a challenge

Every challenge page has its rules in dollars and a pass plan. A few to start with:

Questions

Are prop firm challenges worth it?

Only if your strategy has a real chance of passing and reaching a payout. At a 20% chance, a $500 challenge costs about $2,500 per funded account on average. At 50% it costs about $1,000. Test your strategy first so you know which side you are on.

Should I use a cheaper challenge with harder rules?

Compare the cost per funded account, not the fee. A cheap challenge that rarely passes can cost more in the end than a dearer one with rules that suit your trading.

Does a fee refund change the maths?

Yes, it takes one fee off the total, but only once you reach a payout. Failed attempts are never refunded.

Other calculators

Calculations only, not financial advice. Check your firm's own rules and your platform's contract sizes before trading.