Prop Number One’s Two-step Challenge provides traders the opportunity to manage account sizes ranging from $7,000 up to $300,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Two-step Challenge allows you to trade with up to 1:50 leverage.
Prop Number One’s Two-step Challenge: Is it the One for you?
Let’s see:
- Evaluation phase one requires a trader to reach a profit target of 5%. You can also not surpass their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.
- Evaluation phase two requires a trader to reach a profit target of 8% while not surpassing their 4% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to have a minimum of 3 profitable trading days in order to proceed to funded status.
Here are the Two-step Challenge Trading Rules & Objectives:
- Profit Target –The profit target for Phase 1 is set at 5%, whereas Phase 2 requires reaching a profit target of 8%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – All account sizes have a maximum daily loss of 5% in phase one and 4% in phase two and once funded.
- Maximum Loss – All account sizes have a maximum loss of 10% in phase one and 8% in phase two and once funded.
- Minimum Profitable Trading Days – Evaluation phase 2 has a minimum of three profitable trading day requirements.
By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 4% maximum daily loss and 8% maximum loss rules.
Also, use our Discount Code for a 10% Discount or read the Review.
