Updated October 2026 · 5 firms
Prop Firms With a Refundable Challenge Fee
Pass the challenge and get your fee back. These prop firms refund the evaluation fee, usually with your first or later payout from the funded account.
Our top pick right now: FundingPips — 20% OFF with code PROPI.
| # | Prop Firm | Profit split | Max drawdown | Payout speed | Rating | Deal |
|---|---|---|---|---|---|---|
| 1 |
FundingPips 
|
60% up to 100% | 10% (static) | 1-3 days | ★ New | 20% OFF · PROPI Visit → |
| 2 |
FXIFY 
|
Up to 90% (100% crypto) | 10% (static) | On demand | ★ New | 30% OFF · PROP Visit → |
| 3 |
FundedSquad
|
Up to 100% | 8% (static) | 12 hours (guaranteed) | ★ New | 45% OFF · PROPI Visit → |
| 4 |
Exclusive Markets 
|
Up to 80% | 7% - 9% | Every 14 days | ★ New | 25% OFF · PROPI Visit → |
| 5 |
FundedNext
|
Up to 95% | 10% | Within 24 hours | ★ New | 55% OFF · PROPI Visit → |
Rules, prices and platforms change often — always confirm on the firm's own site before buying. Ranked by our methodology.
Frequently asked questions
Which prop firms refund the challenge fee?
The firms on this page refund the evaluation fee, normally added to your first (sometimes third or fourth) payout once you are funded.
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