Mid-Tier Prop Firms: $101–$200 Evaluations
This page covers the $101-$200 evaluation bracket — the mid-tier sweet spot between ultra-budget sub-$100 plans and premium $250+ offerings. Firms appear here when their lowest-cost plan falls in the $101-$200 range. What this tier buys you that sub-$100 plans often don't: larger accounts sizes ($50K-$100K), more forgiving drawdown options, stronger profit splits, and firms with more established payout track records.
Distinguishing this page from our others: under $100 is the strict sub-$100 ceiling for testing with minimal downside; cheapest overall scores total-cost-to-funded including resets and activation. This page is the deliberate mid-tier — for traders who want more than the budget floor but aren't paying $300+ for premium scaling plans.
Each row shows account size, activation fees, and drawdown type. A $179 evaluation for a $100K account with EOD drawdown is fundamentally different value from a $129 evaluation for a $25K account with trailing — price alone doesn't tell the story.
Best Prop Firms Under $200
Quality evaluations at an accessible price point.
Bulenox
From $13 · 100% / 90% split · Flexible Drawdown (Intraday + EOD options)
Alpha Futures
From $40 · 90% split · Hybrid Drawdown
AquaFutures
From $51 · 80% / 70% split · End-of-Day Trailing Drawdown
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Blue Guardian
From $55 · 85% split · Trailing (real-time)
Prop Firms With Evaluations Under $200
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| Firm | Lowest Price | Account | Drawdown | Profit Split | Activation | Payout | Deal |
|---|---|---|---|---|---|---|---|
| Bulenox | $13/mo$115/mo | $10K | Flexible Drawdown (Intraday + EOD options) | 100% / 90% | $98 (10K) / $143 (25K) / $148 (50K) / $248 (100K) / $498 (150K) / $898 (250K) | Weekly (Wednesdays) | 89% OFFFUTURESFURY |
| Alpha Futures | $40/mo$79/mo | $50K | Hybrid Drawdown | 90% | None | Up to 4x/month | 50% OFFFUNDED |
| AquaFutures | $51/mo$85/mo | $50K | End-of-Day Trailing Drawdown | 80% / 70% | None | Weekly | 40% OFFSUNSET |
| Blue Guardian | $55/mo$85/mo | $50K | Trailing (real-time) | 85% | None | Weekly | 35% OFFBGF35 |
| BluSky Trading 5 | $59/mo | $50K | Flexible Drawdown (Intraday + EOD options) | 90% | $99 (50K) / $149 (100K) | Daily (M-F, $250 min, above buffer) | — |
| Elite Trader Funding | $59/mo$197/mo | $50K | Trailing (real-time) | 100% | $87/mo or $177-$247 one-time | Twice weekly (Mon & Wed) | 70% OFFJUNE70 |
| YRM Prop | $69$99 | $25K | End-of-Day Trailing Drawdown | 90% | $99 (funded) | Per cycle (6 qualifying days) | 30% OFFAUG30 |
| Top One Futures | $74$147 | $10K | End-of-Day Trailing Drawdown | 90% / 80% | $149 | Bi-weekly | 50% OFFFURY |
| TradeDay | $79/mo$175/mo | $50K | Flexible Drawdown (Intraday + EOD options) | 80% (90% after $50K, 95% after $100K withdrawn) | $0 | Day 1 (next business day processing) | 55% OFFFuturesFury |
| E8 Markets | $113$150 | $50K | EOD (End of Day) | 80% | $0 | Bi-weekly | 25% OFFE8 |
For the complete ranking, see cheapest futures prop firms. For sub-$100 options, see best prop firms under $100.
Top Picks Under $200
How to Choose the Right Firm Under $200
At the $200 level, you have access to almost every major futures prop firm. The key differentiators are not price — they are rules. Focus on: drawdown type (trailing vs EOD vs static), activation fees (some firms charge $0, others up to $250 after you pass), and payout speed (daily to bi-weekly). Use our Drawdown Visualizer to model how different drawdown types affect your trading.
Consider your total path to funding. A $150 evaluation with $0 activation and competitive reset fees can cost less overall than a $75 evaluation with a $150 activation fee and $50 resets. Our no activation fee firms page highlights the lowest total-cost options.
For beginners, starting with a smaller account ($25K-$50K) at a lower price point lets you learn the rules before scaling. See our beginner's guide for strategy tips.
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Under $100
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