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Prop Firm Discount Codes (October 2026)

Prop firm discount codes checked on each firm's own site in October 2026: Velotrade, FTMO, FundedNext, E8, Alpha Capital, Apex and more, with real prices.

Vittorio De Angelis••16 min read
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Prop Firm Discount Codes (October 2026)

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The prop firm discount codes that are live in October 2026, taken only from each firm's own website: Velotrade AITRADE20 (20% off every challenge), FundedNext STRTN, E8 Markets E8ARC, Goat Funded Trader GFT45, Alpha Capital MYALPHA and ALPHA20, and Apex SAVENOW. FTMO, The5ers, FundingPips and Topstep showed no public code.

Most "prop firm coupon" pages you find in search are affiliate lists that copy codes from each other, so many of the codes are expired, region-locked, or tied to someone's referral link. This page works the other way round. We opened each firm's homepage, pricing page or official promotions page on October 20, 2026, recorded the code exactly as the firm published it, and noted the conditions it printed next to it. Where a firm published no code, we say so. Codes change often, so treat every line below as checked October 2026 and confirm the price at checkout before you pay.

Highlights of this article

  • Six of the ten firms we checked publish a discount code on their own site in October 2026; four (FTMO, The5ers, FundingPips, Topstep) publish none and rely on sales or fixed deals instead
  • The biggest headline numbers are the shortest lived: Apex's 90% off and E8's "up to 50% off" both run on a countdown, while Velotrade's AITRADE20 has no end date
  • Velotrade's AITRADE20 takes the PRO 1-Step $5K from $40 to $32, the lowest entry in this list after Apex's time-limited $16.70
  • A big percentage on an inflated list price can cost more than a small one on a fair price, so compare the final price, not the discount
  • Check whether the code covers resets, whether the fee is refunded on your first payout, and whether passing triggers a second fee the code does not touch

Prop firm discount codes at a glance

Firm Code (as published) Discount Cheapest entry after code Source checked
Velotrade AITRADE20 20% off every challenge, no end date $32 (PRO 1-Step $5K) Velotrade site and checkout
FTMO No public code Special Deal on the $100K 2-Step (€439, was €540) Not applicable ftmo.com pricing table
FundedNext STRTN "Save up to 33%" $39.99 ($6K Stellar 2-Step, was $59.99) fundednext.com/cfds
The5ers No public code Summer Plan: $100K for $149 Not applicable the5ers.com/summer-plan
FundingPips No public code None shown Not applicable (plans from $29) fundingpips.com
E8 Markets E8ARC Up to 50% off every Challenge, October 5 to 25 Not computable ("up to") e8markets.com/winter-arc
Goat Funded Trader GFT45, and a first-account code 45% off all accounts; 50% off your first account Not computable from the homepage goatfundedtrader.com
Alpha Capital MYALPHA, ALPHA20, 10KFOR40, FUNDED40 30%, 20%, $10K for $40, 40% on Direct $40 ($10K evaluation) Alpha Capital discount codes page
Topstep No public code Responsible Trading Discount, no code needed Not applicable (50K from $49/month) Topstep help center
Apex Trader Funding SAVENOW 90% off all evaluations $16.70 (25K Intraday Trail) apextraderfunding.com

All prices are as shown to us on October 20, 2026. Some firms show prices in your local currency or region, so your numbers may differ.

Velotrade first, then the field

We put Velotrade first because it is our own firm and the code is ours to confirm. It is not the deepest discount in the list. Read the trade-offs before you pick.

Hands working out costs on a calculator over a pile of receipts
Compare the final price at checkout, not the headline percentage.

The codes, firm by firm

1) Velotrade, best for a low, permanent entry price

Velotrade homepage showing the Get Funded hero and 1-Step Pro plans.
Velotrade homepage, with the AITRADE20 offer running on every challenge. Screenshot taken October 2026.

HQ: Hong Kong
Platform: DXtrade (plus REST and WebSocket API)
Code: AITRADE20
Discount: 20% off every challenge, no end date set
Cheapest account after code: $32 (PRO 1-Step $5K, from $40)
Refund on payout: No, challenge fees are non-refundable

AITRADE20 applies to every plan and size. The $5K prices after the code are $32 for the PRO 1-Step (from $40), $43 for the CLASSIC 2-Step (from $54) and $54 for the CLASSIC 1-Step (from $67). You enter the code at checkout, or it is filled in for you when you arrive from the banner. The checkout takes one code per order, so codes do not stack.

What you get for that price: a simulated evaluation with a static max drawdown that never trails, no consistency rule, no time limit, news and weekend trading allowed, and crypto, forex, US stocks, index ETFs and commodities on one DXtrade account. See the challenge plans and the full trading rules before you buy.

Strengths:

Trade-offs:

  • fees are not refunded on your first payout
  • payouts are in USDC or USDT, not bank transfer
  • the PRO plan's 3% max loss is tight; the 1-Step PRO vs 1-Step CLASSIC guide explains which suits you
  • no CME futures

For a full breakdown, see the Velotrade review.

2) FTMO, best for a refundable fee

FTMO homepage showing its challenge options and evaluation structure.
FTMO homepage, with a Special Deal on the $100K challenge and no public code. Screenshot taken October 2026.

HQ: Prague, Czech Republic
Platform: MT4, MT5, cTrader and TradingView
Code: None published
Discount: Special Deal, $100K 2-Step for €439 instead of €540
Refund on payout: Yes, the 2-Step fee is refundable

FTMO published no discount code on its site in October 2026. Its pricing table instead showed a Special Deal: the $100,000 FTMO Challenge for €439 instead of €540, which works out to about 19% off. The tooltip limits it to FTMO Standard accounts, and only if you do not already have one active. The cheapest 2-Step was the $10,000 account at €89.

Strengths:

  • the 2-Step fee is refunded, so a pass gets your fee back
  • the longest track record in this list (since 2015)

Trade-offs:

  • no general code; the deal covers one account size
  • prices shown in EUR by default

For a full breakdown, see FTMO review and FTMO vs Velotrade.

3) FundedNext, best for small accounts with a code

FundedNext homepage showing its CFD challenge types and account options.
FundedNext CFD challenges, with the STRTN code shown on the plan card. Screenshot taken October 2026.

HQ: Dubai
Platform: MT4, MT5, cTrader and Match-Trader
Code: STRTN
Discount: "Save up to 33% with code"
Cheapest account after code: $39.99 ($6K Stellar 2-Step, from $59.99)
Refund on payout: Yes, with the first reward

FundedNext prints the code on its CFD challenge page. On the $6K Stellar 2-Step it showed $39.99 next to a struck-through $59.99. The same card offered 10% off a second account and 15% off a third in the same order. The plan itself uses a static 10% max loss and a 5% daily loss.

Strengths:

  • the code is on the official plan card, not a third-party page
  • fee refunded with your first reward

Trade-offs:

  • "up to 33%" means larger sizes may get less
  • funded traders keep 40% of profit from news trades

For a full breakdown, see FundedNext review and FundedNext vs Velotrade.

4) The5ers, best for a one-off sale on a large account

The5ers homepage showing its prop trading programs and a limited time offer banner.
The5ers homepage, promoting its Summer Plan rather than a code. Screenshot taken October 2026.

HQ: Israel
Platform: MT5
Code: None published
Discount: Summer Plan, $100K 2-Step from $149

The5ers showed no code. Its homepage banner pointed to a limited-time Summer Plan: a $100K 2-Step at $149 (10% then 5% targets) or $179 (8% then 5%), and a $100K 1-Step at $249. The Summer Plan rules are stricter than the regular programs: a 6% max loss, a 3% daily loss, and a 50% consistency requirement.

Strengths:

  • a large account for a low fee
  • hub credits as you pass each step

Trade-offs:

  • tighter rules than its standard programs
  • limited-time, with no end date printed

For a full breakdown, see The5ers review and The5ers vs Velotrade.

5) FundingPips, best for low list prices without a code

FundingPips homepage showing its evaluation options and simulated trading environment.
FundingPips homepage, with plans starting at $29 and no code shown. Screenshot taken October 2026.

HQ: Dubai
Platform: Three platforms; check the official site
Code: None published
Discount: None shown

FundingPips had no code on its own site in October 2026. Its homepage listed plans "starting at $29". Search results full of FundingPips codes all came from affiliate sites, which is exactly the kind of source this page ignores.

Strengths:

  • a low list price, so you do not need a code to start small

Trade-offs:

  • no official code to compare
  • funded news trading is restricted

For a full breakdown, see FundingPips review and FundingPips vs Velotrade.

6) E8 Markets, best for a short October sale

E8 Markets homepage showing its classic markets, futures and perpetuals challenge options.
E8 Markets homepage, with the Winter ARC code in the top banner. Screenshot taken October 2026.

HQ: Dallas, Texas
Platform: MT5, cTrader, TradeLocker, Match-Trader and E8 Terminal
Code: E8ARC
Discount: Up to 50% off every Challenge, October 5 to 25, 2026 (14:00 UTC)

E8's Winter ARC page offers "up to 50% off every Challenge" with E8ARC. It adds a second incentive: buy between October 5 and 25, pass, earn your first payout, and your After Reward Challenge is free. E8 notes that incentives are discretionary and not guaranteed.

Strengths:

  • applies to every challenge type
  • a free follow-on challenge after your first payout

Trade-offs:

  • "up to" means the exact saving depends on the product
  • ends on October 25, 2026

For a full breakdown, see E8 Markets review and E8 Markets vs Velotrade.

7) Goat Funded Trader, best for a first-account discount

Goat Funded Trader homepage showing its account picker and promotional banner.
Goat Funded Trader homepage, with two codes in the top banner. Screenshot taken October 2026.

Platform: MT5, cTrader, TradeLocker and Match-Trader
Code: GFT45 (all accounts), plus a first-account code
Discount: 45% off all accounts, or 50% off your first account
Refund on payout: Advertises a one-time 100% refundable fee

Goat Funded Trader's top banner shows two offers: "45% off on all accounts" with GFT45, and "50% off for new customers" with a first-account code. The banner prints that code as FIRST, while the offer block lower on the same homepage prints FIRSTGFT. Try both at checkout and check the price changes before paying.

Strengths:

  • two separate codes, one for new customers
  • the fee is advertised as refundable

Trade-offs:

  • inconsistent code text on the homepage
  • a 40% consistency rule applies at the funded stage

For a full breakdown, see Goat Funded Trader review and Goat Funded Trader vs Velotrade.

8) Alpha Capital, best official codes page

Alpha Capital homepage showing its evaluation programs and promo bar.
Alpha Capital homepage, which links to an official discount codes page. Screenshot taken October 2026.

HQ: England
Platform: MT5, cTrader, TradeLocker and DXtrade
Code: MYALPHA, ALPHA20, 10KFOR40, FUNDED40
Discount: 30% off all accounts (MYALPHA), 20% off all accounts (ALPHA20)
Cheapest account after code: $40 for a qualifying $10K evaluation (10KFOR40)

Alpha Capital is the only firm here with a dedicated official codes page, updated October 19, 2026. It lists four active codes: MYALPHA, 30% off all accounts from October 19 to 26; ALPHA20, 20% off all accounts through October 31; 10KFOR40, a $10K evaluation for $40 on qualifying plans through October 31; and FUNDED40, 40% off Alpha Direct accounts only, not evaluations. The page states that promo pricing applies to evaluation fees only.

Strengths:

  • every code has a published start and end date
  • a clear note on what each code does not cover

Trade-offs:

  • several overlapping codes to compare
  • MYALPHA ends on October 26, 2026

9) Topstep, best for discounts without a code

Topstep homepage showing its funded futures trading program.
Topstep homepage, with no public code in October 2026. Screenshot taken October 2026.

HQ: Chicago
Platform: TopstepX
Code: None published
Discount: Responsible Trading Discount, applied automatically
Refund on payout: No, most fees are non-refundable

Topstep showed no public code. Its help center lists the Trading Combine from $49 a month for a 50K account on the Standard Path (plus a $149 activation fee per funded account earned), or $95 a month on the No Activation Fee Path. Adding a daily loss limit at purchase on that path takes $10 off the 50K each month, with no code.

Topstep's help center is also the clearest statement of how codes work at a futures firm: a code applies to a new Trading Combine or a Reset, not both; codes are case-sensitive and tied to your profile; only the first month is billed at the promo price unless stated otherwise; and Topstep does not refund a purchase where you forgot the code.

Strengths:

  • a published, permanent discount that needs no code
  • clear written rules for when codes do run

Trade-offs:

  • monthly billing, so a first-month code does not cut later months
  • futures only

For a full breakdown, see Topstep review and Topstep vs Velotrade.

10) Apex Trader Funding, best for the deepest short-term discount

Apex Trader Funding homepage showing its futures evaluation accounts and coupon banner.
Apex Trader Funding homepage, with the SAVENOW coupon and a countdown. Screenshot taken October 2026.

HQ: Austin, Texas
Platform: Tradovate, NinjaTrader
Code: SAVENOW
Discount: 90% off all evaluations (intraday, EOD, legacy, any size)
Cheapest account after code: $16.70 (25K Intraday Trail, from $167)

Apex's banner reads 90% off all evals with coupon SAVENOW, next to a countdown timer. Its price picker showed the 25K Intraday Trail at $167, or $16.70 with the code. Evaluations are a one-time fee, active for 30 days, with no resets, so a failed or expired attempt means buying a new one.

Strengths:

  • the lowest entry price in this list while the code runs
  • applies to every evaluation type and size

Trade-offs:

  • a countdown with no fixed end date printed
  • 30-day evaluations with no resets
  • futures only

For a full breakdown, see Apex Trader Funding review and Apex Trader Funding vs Velotrade.

How to check a discount is real

Bank card resting on a laptop next to a shopping bag and a small cart
A discount only matters if the final checkout price is lower than the alternatives.

A code is only worth something if it lowers the price you actually pay for the account you actually want. Run these four checks before you buy.

Price before and after

Note the list price, apply the code, and compare the final number with other firms at the same account size. A 90% discount on a 30-day evaluation you may need to buy several times can cost more than a 20% discount on a challenge with no time limit. Our cheapest prop firms guide compares list prices side by side.

Whether it covers resets and repeat attempts

Some codes apply to a new challenge or a reset, but not both (Topstep says so in writing). Some firms do not sell resets at all: Velotrade challenges cannot be reset, and Apex evaluations expire after 30 days with no resets. If you expect to need more than one attempt, price the second attempt too.

Refund rules

A refundable fee changes the maths. FTMO's 2-Step and FundedNext refund the fee with your first reward, and Goat Funded Trader advertises a refundable fee. Velotrade and most of Topstep's fees are not refunded. A firm with a refund and no code can end up cheaper than a firm with a code and no refund, but only if you pass.

Expiry and second fees

Check the end date printed next to the code, not the one on a coupon site. Also check what happens after you pass: some futures firms charge an activation fee on the funded account that a challenge code does not reduce. If a code fails at checkout, it has probably ended early.

Which code to use

If you want the lowest price this week and trade futures, Apex's SAVENOW is the deepest cut, as long as you accept 30-day evaluations with no resets. For CFD and forex traders who want an official, dated code, Alpha Capital's page is the most transparent, and E8's E8ARC runs until October 25. If you would rather not race a countdown, Velotrade's AITRADE20 takes 20% off every plan with no end date, and our challenge pass calculator shows your odds of passing at each plan's limits before you spend anything. For a wider comparison of rules, not just prices, see our list of the best prop firms.

Sources

All pages checked October 20, 2026.

Codes change often, sometimes daily. Every code and price on this page was checked on the firm's own site in October 2026. Confirm the final price at checkout before you pay.

Frequently Asked Questions

About the author

Vittorio De Angelis

Vittorio De Angelis

Executive Chairman

Former equity-derivatives trader at JP Morgan, Dresdner Kleinwort and Bank of America in London. Later Head of Brokerage at a global broker in Hong Kong.

Velotrade was founded in Hong Kong in 2016 by a team from JP Morgan, Dresdner Kleinwort and Bank of America, has paid out over $2.5 billion to its trade-finance clients, and has been featured in Bloomberg, the Financial Times, the Wall Street Journal and on Nasdaq. Its prop trading evaluations are simulated and educational.

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