How to Get a Discount on Your First Prop Trading Challenge

Getting started with prop trading can be exciting, but it’s not cheap. Most proprietary trading firms require you to pass an evaluation or “challenge” before they fund your account. That challenge usually comes with a price tag.

If you’re a first-time trader or exploring the world of funded accounts, paying full price isn’t your only option. In this article, we’ll break down how to score real discounts on your first prop trading challenge and how to avoid wasting money on fake codes or expired offers.

What Is a Prop Trading Challenge?

A prop trading challenge is the gateway to trading with a firm’s capital. You pay an upfront fee, trade under certain rules for a set period, and if you pass, congrats, you’re given a funded account.

Firms like FTMO, MyFundedFX, and others offer these programs. Challenges can range from $99 to over $500, depending on account size and firm rules. That upfront cost can be a barrier, especially if you’re testing strategies or learning the ropes.

Why Discounts Matter for New Traders

Passing a challenge doesn’t guarantee profit. Many traders need more than one try. This is why discounts are so important: they reduce the cost of entry and give you more flexibility for retries or scaling up.

Saving even 15–30% on your first evaluation might give you room for a second attempt, or allow you to try a larger account size. For traders working with tight budgets or building experience, that’s a big deal.

Common Types of Discounts You’ll See

Prop trading discounts come in different shapes. Here are the most common ones:

Percentage-Based Discounts

These are the most popular and often offer 10%, 15%, or even 30% off. A 20% code on a $200 evaluation saves you $40 right away.

Flat-Rate Coupons

You might see something like “$25 off any challenge.” These work best on smaller plans and may be more effective than a percentage code if you’re starting low.

Affiliate or Referral Codes

Shared by influencers or platform partners, these usually give you 10% off. Some may include perks like access to private Discords or scaling benefits.

Seasonal & Event Promos

Major sales usually happen around Black Friday, New Year, or during firm anniversaries. These deals are often sitewide and stackable with referral links.

Discord-Only Drops

Some exclusive codes are shared in private communities and may only work for a short time. These are often more aggressive discounts, perfect for the quick-action trader.

Where to Find Real, Working Discount Codes

Finding a coupon is easy – finding a real one is the hard part. These five sites are known in the trading community for offering verified and updated codes:

Vetted Prop Firms

Vetted Prop Firms is one of the most trusted resources in the prop trading space. It focuses solely on proprietary trading firms, offering verified and regularly updated discount codes. Each listing includes a “last checked” timestamp, code description, and firm details.

Traders prefer this platform because it avoids expired listings and highlights exclusive partner deals not available elsewhere. If you want accuracy and legit savings without the clutter, Vetted Prop Firms is a top choice.

ProxyCoupons

ProxyCoupons curates discount codes for niche digital products, with a strong emphasis on prop firms, crypto tools, and trading platforms. Its codes are user-tested, timestamped, and often shared early through their Discord or Telegram channels. Many traders who are also exploring investing in cryptocurrency use ProxyCoupons to find verified deals across both markets.

Many traders use ProxyCoupons for quick access to exclusive or early-release codes. The platform’s real-time updates and clean design help users avoid expired links and maximize savings without much effort.

SaveMyCent

SaveMyCent is a well-known deal site covering fintech, trading platforms, and financial tools. It consistently posts Sway Funded and other prop firm codes, often ranging from 10% to 30% off. Offers are neatly categorized and marked with current status.

During high-traffic sales like Black Friday or New Year promos, SaveMyCent is one of the fastest to update active codes. It’s great for traders who want verified deals without sorting through unreliable aggregators.

Bountii

Bountii is a growing platform that lists lesser-known but valuable coupons, especially for fintech and trading services. It highlights expiration dates, usage status, and sometimes offers unique promo codes not seen on larger sites.

Though not as mainstream, Bountii appeals to traders looking to explore smaller or newer prop firms. Its clean interface and up-to-date listings make it a quiet but powerful resource for budget-conscious users.

EarthWeb

EarthWeb offers more than just coupon codes, it combines savings with short reviews of the firms they feature. This dual function helps traders evaluate both the deal and the firm before committing to a challenge.

With a focus on transparency, EarthWeb includes verified promo codes, referral links, and seasonal deals. It’s especially useful for newer traders who want both educational insights and savings in one place.

How to Spot a Legit Coupon (and Avoid Fakes)

Before you copy and paste any promo code, check for a few important signs:

• Last Verified Dates: Real sites show when a code was last tested.
• Community Feedback: Check Reddit, Discord, or YouTube comments to confirm which codes are still working. Being part of active trading communities gives you firsthand insights and updates from others who’ve tried the same codes.
• Direct Links to the Prop Firm: Fake sites sometimes redirect to sketchy pages. Real ones go straight to the official domain.
• No Personal Info Required: A real coupon should never ask for your email, login, or credit card just to reveal the code.

Avoid Telegram bots that promise extreme discounts or codes that sound too good to be true. These often lead to phishing or expired links.

When to Use a Discount Code for Maximum Value

Getting a discount is one thing, using it wisely is another. Here’s when it matters most:

Your First Ever Challenge

If you’re brand new, there’s no guarantee you’ll pass on your first go. A discount cushions your risk and makes retrying financially possible.

During Retry Attempts

Many traders fail one or more times. Instead of paying full price again, a second-time discount gives you confidence to try without breaking the bank. Even seasoned traders understand the importance of cutting costs when taking multiple challenges.

When Scaling to Larger Accounts

Upgrading from a $25K to $100K account could double or triple your evaluation fee. Even a 10% code at that level is worth it.

During Stackable Promo Periods

Some firms allow affiliate + seasonal + referral stacking. Always check if your discount code can be combined with other promos, it can multiply your savings.

Final Thoughts

Discount codes aren’t just a perk, they’re a smart way to cut costs and lower your upfront risk. Whether you’re testing the waters or scaling up, saving even $30 to $100 can make a real difference in your trading journey.

Before you pay full price for a challenge, take a few moments to find a verified code. It’s a simple step that could give you more flexibility, more attempts, and a better start toward getting funded.