By:  August 12, 2025 Categories: 

What Is a Prop Firm Discount? A Beginner’s Explainer

If you’re new to the world of proprietary trading, you’ve probably seen headlines like “90% OFF Your First Evaluation” or “Free Prop Firm Challenge – Limited Time Only.” These are called prop firm discounts, and they’re one of the most powerful tools available to traders looking to get funded without breaking the bank.

But what exactly is a prop firm discount? How does it work? And most importantly, how can you use one the smart way — without falling for gimmicks or wasting money?

This guide breaks it all down in simple terms, giving you a clear, actionable overview of what prop firm discounts are, how they help traders, and how to spot the good ones from the bad.

Understanding Prop Firms and Evaluations

Before we define discounts, it’s important to understand what a prop firm is. A prop firm (short for proprietary firm) is a company that gives traders access to its capital. In return, the trader follows certain risk management rules and shares a percentage of the profits earned.

To access these funded accounts, most firms require you to pass an evaluation — often called a “challenge” or “assessment.” This involves hitting a profit target (e.g., 8% return) while staying within specific drawdown limits (e.g., 4% max daily loss).

These evaluations aren’t free. They typically cost anywhere from $50 to $500 depending on the account size, platform, and firm. That’s where prop firm discounts come in.

What Is a Prop Firm Discount?

A prop firm discount is a promotional offer that reduces the price of an evaluation account. Instead of paying full price, you can use a discount code or special link to cut the cost — often by 30%, 50%, or even 90%.

Here’s a simple example:

  • Normal Price: $200 for a 100K evaluation
  • Promo Code: “TRADER90” for 90% off
  • Discounted Price: Just $20

These deals are designed to attract new users, promote seasonal sales, or reward affiliate communities. Some are available for everyone, while others are exclusive to partners like Prop Firm Press.

Why Do Prop Firms Offer Discounts?

It might seem too good to be true — why would a company give away $200 evaluations for $20?

Here’s why it makes business sense:

  • High Volume = More Data: More traders mean more data to analyze and fund the best performers.
  • Low Risk to the Firm: Evaluation accounts are demo environments, so losses don’t affect firm capital.
  • Brand Awareness: Promotions create buzz, especially during major sales like Black Friday or New Year.
  • Affiliate Incentives: Firms partner with influencers and educators who promote discounts to their audience.

It’s a win-win: the firm gets more users and exposure, while the trader saves money upfront.

Where to Find Prop Firm Discounts

There are several reliable places where you can find working, updated discounts:

  • PropFirmPress.com – regularly updated list with active codes and verified links
  • Official firm websites – often run banner promos during holidays or new product launches
  • Email newsletters – firms send exclusive codes to subscribers
  • Social media – X (Twitter), Instagram, and Discord groups often post flash sales
  • Affiliate partners – educators and prop trading influencers share private deals

Here are a few current examples:

Different Types of Prop Firm Discounts

Not all discounts are structured the same. It’s helpful to know the types:

  • Percentage Off: Most common. Reduces the price by a fixed percent (e.g., 60% OFF).
  • Fixed Price Deals: “Get a $100K challenge for $50” regardless of regular price.
  • Free Resets Included: Some discounts come with a free second chance if you fail.
  • Lifetime Discounts: Discount applies every time you repurchase or scale the account.
  • Time-Limited Offers: Flash sales valid for only 24–72 hours.

Always check what the discount includes — sometimes you save more by picking a slightly smaller percentage that includes extra features.

What’s the Catch?

Prop firm discounts are real, but they do come with conditions. These are not always hidden, but many new traders skip reading the rulebook and get surprised later.

Here are a few things to look out for:

  • No Refunds: Most discounted accounts are non-refundable.
  • No Resets Allowed: You might only get one try.
  • Delayed Payouts: Some promos delay your first withdrawal.
  • Strict Evaluation Rules: Even discounted accounts follow full trading restrictions.
  • Promo-Specific Limitations: Some codes apply only to certain account types or sizes.

For example, Instant Funding offers 30% OFF via code AFFBLAZELIMA, but you must activate the code before checkout — it’s not automatically applied. Knowing these rules avoids confusion.

Benefits of Using a Discount as a New Trader

Prop firm discounts can make a big difference when you’re just getting started:

  • Lower Financial Pressure: You don’t need to risk hundreds to test your skills.
  • More Room to Experiment: You can try different firms and strategies without overspending.
  • Affordable Education: The evaluation itself teaches you a lot about trading discipline and consistency.
  • Confidence Builder: Knowing you got a deal helps remove emotional pressure to “make the money back.”

It’s like getting a funded opportunity at a discount — if you approach it with the right mindset.

How to Use a Prop Firm Discount Code

Here’s a step-by-step guide:

  1. Find a verified discount on Prop Firm Press
  2. Click the affiliate link or copy the code
  3. Choose your account size and evaluation model
  4. Paste the code at checkout (or ensure the link auto-applies it)
  5. Confirm the new price and place your order

Make sure to save the code and screenshot the confirmation in case you need support later.

How Often Do Prop Firm Discounts Change?

Some firms run ongoing discounts. Others rotate weekly or monthly. Many special deals are seasonal — around Black Friday, New Year, or summer. Some affiliate codes are evergreen but might lose access without notice.

That’s why many traders bookmark PropFirmPress.com and check back frequently — it’s the most reliable way to stay up to date.

Use Discounts Strategically — Not Emotionally

Just because a deal is live doesn’t mean you need to buy now. Prop firm trading is a serious business, and using a discount too early — before you’re ready — can lead to wasted money and frustration.

  • Don’t chase deals you can’t use this week.
  • Only trade when your strategy is journaled and tested.
  • Use tools like the Prop Firm Press Journal Sheets to log trades and track performance.

Be patient. The discounts will keep coming. Your capital is best spent when your edge is clear and your mindset is steady.

Final Words: Smart Traders Use Smart Discounts

So, what is a prop firm discount? It’s a legitimate, trader-friendly way to reduce costs and get evaluated without draining your wallet. But like any tool, it must be used with intention and awareness.

Start by learning the rules, verifying the offer, and timing your purchase with your readiness. Use trusted sources like PropFirmPress.com for deals from Funded Futures Network, Lucid Trading, and more.

Trading success doesn’t start with the discount — but it might be the nudge you need to get serious and get started.

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