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Skip The Evaluation Phases with Instant Accounts! Introducing Instant Accounts - Click To Learn More.

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Prop Firm Challenge Guides

How prop firm evaluations work, how to pass them, and which challenge type suits the way you trade.

What a prop firm challenge is

A prop firm challenge, or evaluation, is a trading test on a simulated account. You hit a profit target without breaking a daily or maximum loss limit, and in return you get a simulated funded account that pays a share of your gains.

Choosing the right challenge

Most firms offer three routes. A Two Step challenge has two profit targets and the most drawdown room. A One Step challenge has a single target and tighter limits. An Instant account skips the evaluation entirely. The guides below explain the trade-offs, and you can compare all three side by side.

Where to start

New to evaluations? Read Instant vs 1-Step vs 2-Step first, then how to pass a prop firm challenge.

Ready to trade a funded account?

Instant, One Step or Two Step. Simulated accounts from $5,000 to $200,000, no minimum trading days and a reward split of up to 100%.