From nothing. is free on your first $5,000 attempt. After that, London (1-Step) starts at $5 with Pay Later and New York (2-Step) at $10, with the discounted balance settled only after you pass. Instant funding starts at $39 on Frankfurt.
Full launch pricing
| Desk | Entry price | Account sizes |
|---|---|---|
| Dubai | Free, then $1 to $3 | $5K, $10K, $25K |
| Frankfurt | $39 | $2K, $5K, $10K, $25K, $50K |
| Zurich | $49 | $2K, $5K, $10K, $25K, $50K |
| London | $5 Pay Later | $5K, $10K, $25K, $50K, $100K |
| New York | $10 Pay Later | $5K, $10K, $25K, $50K, $100K |
| Tokyo | $149 | $5K, $10K, $25K |
How Pay Later changes the maths
On London and New York you pay a small deposit now and settle the discounted account fee only once you have passed and been funded. Fail, and you owe nothing beyond the deposit.
That is the difference between risking $399 up front on a $100,000 London and risking $5. Most traders do not fail for lack of skill; they fail because challenge fees stack up faster than payouts. Pay Later is our answer to that.
The cheapest route of all
Start free on . Pass the $5,000 evaluation and you receive a $5,000 account free, at an 85% reward share, without ever paying for an account.
Refunds
Full-fee accounts are refunded on your 4th payout. Instant funding on Zurich and Frankfurt, and Tokyo, carry no fee refund.
The founders' discount
Waitlist members receive an email-locked discount code that stacks on top of launch-week pricing, worth up to 40% off. It cannot be shared or leaked, and it will not return at that size. See the discount code page.
Everything here is indicative until we open on 1 October 2026 and may change before release.