Cheapest 2 Step Pro Challenge Prop Firms With the Highest Payouts

In the competitive world of proprietary trading, more traders are looking for the cheapest 2 Step Pro Challenge prop firms that also offer high payout percentages. These firms allow traders to access funded accounts after passing a two-phase evaluation process. While affordability is important, so is getting rewarded for your trading performance. One firm that strikes the perfect balance between low cost and high rewards is AtlasFunded.

We’ll explore what makes a great 2 Step Pro Challenge prop firm, and why AtlasFunded stands out as one of the best options in 2025.

What Is a 2 Step Pro Challenge?

A 2 Step Pro Challenge is a common funding model used by proprietary trading firms. It typically consists of:

Phase 1 – Evaluation: Traders must hit a profit target while staying within risk limits (daily and overall drawdown).

Phase 2 – Verification: A second phase with similar rules but often a lower profit target.

Once you pass both steps, you receive a funded trading account and start earning a percentage of your profits.

Key Criteria: What Makes a Prop Firm “Cheap” and “High Paying”?

Before diving into the top firm picks, here’s what you should look for:

Low or no upfront fees

Flexible trading conditions (e.g., holding overnight, news trading)

Reasonable profit targets

High profit splits (80% or more)

Fast and transparent payouts

Let’s now look at why AtlasFunded is a top contender.

AtlasFunded: Affordable, Transparent, and Trader-Friendly

AtlasFunded has quickly emerged as one of the cheapest and most rewarding 2 Step Pro Challenge prop firms in the industry. Here's what sets it apart:

No Upfront Cost Until You Pass

AtlasFunded offers a “pay-after-you-pass” model, meaning you don’t need to pay any challenge fee unless you successfully complete the evaluation. This significantly reduces the risk for new traders.

Realistic Challenge Parameters

Phase 1 target: 8%

Phase 2 target: 5%

Drawdown limits are trader-friendly and flexible.

You’re allowed to hold trades overnight and over weekends, giving you greater control over your strategy.

High Payout Structure

AtlasFunded offers up to 90% profit splits once you’re funded. Unlike many firms that cap your earnings or impose restrictions, Atlas supports traders with fast and transparent payouts.

Ongoing Support & Scaling Plans

Once funded, you’ll benefit from account scaling, access to a trading community, and priority support—ensuring long-term growth opportunities. 

Other Low-Cost 2 Step Prop Firms to Consider

While AtlasFunded leads in value, here are a few other cheap 2 Step challenge firms worth exploring:

FTMO – Offers a well-known 2 Step Challenge but requires upfront payment.

The Funded Trader – Competitive pricing with a flexible challenge model.

MyForexFunds (revamped) – Once popular, now restructuring with budget-friendly plans.

Conclusion

If you’re looking for a cheap 2 Step Pro Challenge with high payouts, AtlasFunded should be at the top of your list. With its zero upfront fees, fair evaluation, and up to 90% profit share, it offers unbeatable value for both new and experienced traders. Join AtlasFunded’s 2 Step Pro Challenge prop firm. Prove your skills, pass the evaluation, and get funded fast. Simple rules, low fees, and real opportunities for serious traders. Start trading today!

Start your trading journey with AtlasFunded today and unlock capital without breaking the bank.