Free Tool

Prop Firm Cost Calculator

Compare the true cost and expected value of different prop firms. Factor in evaluation fees, pass rates, profit splits, and expected monthly returns.

Best Value

Results Comparison

FTMO

+$42,600

Cost to Get Funded

$5,400

~10.0 attempts

Monthly Net Income

$4,000

80% of $5,000

Break-Even

2 months

after getting funded

12-Month ROI

789%

EV: +7.9x per $ spent

Topstep

+$50,875

Cost to Get Funded

$3,125

~8.3 attempts

Monthly Net Income

$4,500

90% of $5,000

Break-Even

1 months

after getting funded

12-Month ROI

1628%

EV: +16.3x per $ spent

Apex

+$52,887

Cost to Get Funded

$1,113

~6.7 attempts

Monthly Net Income

$4,500

90% of $5,000

Break-Even

1 months

after getting funded

12-Month ROI

4750%

EV: +47.5x per $ spent

Key Insight

The cheapest evaluation fee doesn't always mean the best value. A firm with a higher fee but better pass rate or profit split can have significantly higher expected value. The "Cost to Get Funded" metric accounts for multiple attempts based on the pass rate, giving a more realistic picture of total cost.

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How to Use This Prop Firm Cost Calculator

Enter the evaluation fee, account size, profit split, estimated pass rate, and expected monthly profit for each prop firm you're considering. The calculator compares the true cost of getting funded (factoring in multiple attempts) with the expected income over your chosen time horizon.

Understanding Expected Value in Prop Trading

Expected value (EV) accounts for probability. If a $500 evaluation has a 10% pass rate, you'll spend an average of $5,000 before getting funded. If the funded account generates $4,000/month net income, your break-even is about 1.25 months. Over 12 months, your net profit would be approximately $43,000 — an ROI of 860% on the $5,000 invested.

Compare this with a cheaper evaluation ($200) that has a 5% pass rate: the expected cost to get funded is $4,000, similar to the more expensive firm. The key differentiator becomes the profit split and account conditions after getting funded.