Best Prop Firms Offering One Step And Two Step Evaluation For Funded Traders

By Author: Best Prop Firms Offering One Step and Two Step Eva
Total Articles: 1
Comment this article

Proprietary trading firms (prop firms) provide traders with an opportunity to trade using the firm's capital in exchange for a share of the profits. These firms offer different evaluation models to assess traders' skills before granting funded accounts. The two most common evaluation processes are the One Step Challenge and the Two Step Evaluation. In this article, we will explore these models and highlight the best prop firms offering these options.

https://fundingpips.com/blog/how-to-pass-the-one-step-evaluation-in-prop-firms-tips-tricks-and-strategies/

Understanding One Step Challenge Prop Firms

A One Step Challenge is a simplified evaluation process where traders must meet specific profit targets and risk management rules in a single phase to qualify for a funded account. This model is appealing to traders who want a faster path to funding with fewer restrictions.

Benefits of One Step Challenge

Faster Funding – Traders can get funded quickly since there is only one evaluation stage.

Simplified Requirements – Fewer trading rules compared to multi-step evaluations.

Lower ...
... Stress – No need to go through multiple verification phases.

Best One Step Challenge Prop Firms

1. My Forex Funds (MFF) Rapid Program

Instant access to a demo account for evaluation.

Profit target of 10% with a drawdown limit of 5%.

Traders receive up to an 85% profit split once funded.

2. FunderPro Express Challenge

Requires traders to hit a 10% profit target within 30 days.

No minimum trading days.

Once funded, traders keep up to 90% of profits.

3. E8 Funding Fast Track

Single-phase challenge with a 10% profit target.

Offers up to $250,000 in funded capital.

Quick payout options for traders.

Understanding Two Step Evaluation Prop Firms

A Two Step Evaluation requires traders to pass two separate phases before receiving a funded account. This model is designed to filter out unqualified traders while ensuring consistency and risk management skills.

Benefits of Two Step Evaluation

More Reliable Selection Process – Ensures traders can consistently perform across different market conditions.

Higher Profit Splits – Many firms offer better profit-sharing to successful traders.

Encourages Discipline – Helps traders develop patience and risk management skills.

Best Two Step Evaluation Prop Firms

1. FTMO Challenge

Two-step process: Phase 1 requires a 10% profit target, and Phase 2 requires a 5% target.

30 days for Phase 1, 60 days for Phase 2.

Up to 90% profit split once funded.

2. The Funded Trader Standard Challenge

Phase 1: 10% profit target, Phase 2: 5% profit target.

35 days for Phase 1, 60 days for Phase 2.

Allows scaling up to $600,000 in capital.

3. True Forex Funds Two Step Challenge

Offers a unique two-step program with relaxed trading conditions.

Phase 1: 8% profit target, Phase 2: 5% profit target.

Weekly payouts once funded.

One Step vs. Two Step Evaluation: Which is Better?

The choice between One Step Challenge and Two Step Evaluation depends on a trader's preferences, risk appetite, and trading style.

When to Choose One Step Challenge

If you prefer fast funding without multiple evaluation phases.

If you have a proven strategy that can achieve a profit target quickly.

If you dislike prolonged testing and want to get to trading real capital sooner.

When to Choose Two Step Evaluation

If you want higher capital allocation and long-term stability.

If you have a strategy that works well over multiple market conditions.

If you are comfortable with a longer evaluation period to prove consistency.

Final Thoughts

Both One Step Challenge and Two Step Evaluation prop firms provide valuable opportunities for traders to access significant capital and earn substantial profits. Choosing the best model depends on your trading goals, risk tolerance, and strategy.