Fees and payouts · Rookie
Evaluation fee
Also searched as: challenge fee
What does Evaluation fee mean?
An evaluation fee buys access to a trading assessment and associated services. It is not generally a deposit into a brokerage account, and the charging model depends on the product.
Example
One challenge charges once; another bills each month until cancellation or progression.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Include recurring charges and possible repeat attempts when comparing costs.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.