True Prop Firm Challenge Cost Calculator

Expected cost = challenge fee ÷ your pass probability per attempt. At a 30% pass rate, a $619 FTMO challenge really costs about $2,060 in expectation; at 60% it costs about $1,030. This is why improving your pass rate beats hunting discounts — and why realistic self-assessment saves more than any coupon code.

At typical per-attempt pass rates of 10–30%, the expected number of attempts is 3–10. Well-prepared traders following strict sizing rules report substantially better. Budget at least 2–3 attempts before buying your first challenge.

A 20% discount on the fee is worth exactly 20% of expected cost — useful but small compared to pass-rate improvements. Moving your pass rate from 30% to 50% cuts expected cost by 40%. Beware firms running permanent 60–80% discounts: aggressive discounting was a leading indicator among the 80+ firms that collapsed in 2024–2026.

Yes, if you reach payout: FTMO-style refunds return the fee with your first profit split, making your successful attempt effectively free — but you still pay full price for every failed attempt. The calculator’s expected cost already reflects the failed attempts that precede a pass.