TWO-STEP CHALLENGES

Prop firms with two evaluation phases: Phase 1 to prove profitability, Phase 2 to prove consistency. The most common evaluation structure.

FirmLowest FeeDrawdownDaily LossProfit SplitPlatforms
FTMO2-step$155Static5%80%-90%MT4, MT5, cTrader
TopStep1-step$49Trailing EOD2%90%-90%NinjaTrader, Tradovate, TradingView
Apex Trader Funding1-step$147Trailing IntradayNone100%-90%NinjaTrader, Tradovate, Rithmic, TradingView
The5%ers2-step$95Static4%50%-100%MT5
FundedNext2-step$59Static5%80%-95%MT4, MT5, cTrader
My Funded Futures1-step$150Trailing EOD2.5%80%-90%NinjaTrader, Tradovate, Rithmic, TradingView
Bulenox1-step$125Trailing EOD2.2%80%-90%NinjaTrader, Rithmic
Tradeify1-step$150Trailing EOD2.5%80%-90%NinjaTrader, Tradovate, TradingView
Earn2Trade1-step$150Trailing EOD2.2%80%-90%NinjaTrader, Finamark
Leeloo Trading1-step$125Trailing EOD2.2%80%-90%NinjaTrader, Tradovate, Rithmic
Blue Guardian2-step$99Static4%85%-85%MT4, MT5
Phidias PropFirm1-step$89Static3%80%-90%MT5, cTrader
Take Profit Trader1-step$150Trailing EOD2.2%80%-90%NinjaTrader, Tradovate, TradingView
DNA Funded2-step$88Static5%80%-90%MT5
BrightFunded2-step$79Static5%80%-90%MT5
For Traders2-step$49Static5%75%-90%MT4, MT5
Maven Trading2-step$179Static5%80%-80%MT5
Goat Funded Trader1-step / 2-step$68Static5%75%-95%MT4, MT5
FunderPro1-step$159Static5%80%-90%MT5, cTrader
Fidelcrest2-step$99Static5%80%-90%MT4, MT5
E8 Funding1-step$228Static5%80%-80%MT5
TradeDay1-step$99Trailing EODNone80%-90%Tradovate, NinjaTrader, TradingView
Smart Prop Trader2-step$199Static4%85%-90%MT4, MT5
City Traders Imperium2-step$109Static5%70%-100%MT5
Lux Trading Firm2-step$299StaticNone75%-75%MT4
Funded Trading Plus1-step$119Static4%80%-90%MT4, MT5

Frequently Asked Questions

What is the typical 2-step challenge structure?

Phase 1: 8-10% profit target, 5% daily loss, 10% max drawdown, 30 days. Phase 2: 5% profit target, same risk rules, 60 days. These are typical FTMO-style parameters.

How long does a 2-step challenge take?

With consistent trading, 2-4 weeks per phase is realistic. Many traders complete both phases in 4-8 weeks total. There is no required minimum time -- just hit the targets without breaking rules.

Is 2-step better than 1-step?

Two-step challenges typically have lower profit targets per phase, making each step more achievable. The downside is two cycles of risk and two fees if you restart. For most traders, 2-step is the most accessible path to funding.