Data updated September 29, 202690 firms · 2,228 challenges trackedAffiliate disclosure
Updated September 29, 2026 · 50 firms · 557 accounts

Best 2-Step Prop Firms (2026)

The best 2-step prop firm in 2026 is The5ers (4.4/5): its $100K 2-step account (High Stakes Challenge): 8% / 5% target, 4% daily loss limit, 8% static max loss, 80% split, $455. FundedNext, FTMO and FundingPips follow. 50 firms sell 557 two-step accounts; the typical setup is 8% + 5% (26% of accounts) with a 10% max loss.

By , lead prop firm analyst · Prices and rules checked September 29, 2026 · How we review

A two-step challenge splits the evaluation into two phases: a higher profit target in phase 1 and a lower one in phase 2, with the same loss limits in both.

Two-step accounts are usually the cheapest route to large account sizes and most of them use a static max drawdown, which is easier to manage than a trailing one.

How this page is built: Firms are ranked by our score, not by price. Each firm is shown with its 100K two-step account or the closest size. Firms with open warnings are left out of the picks. Prices are official list prices without promo codes; fees due after passing are included.

Key facts: 2-Step Prop Firms

Firms
50
Accounts
557
Typical profit target (total)
13.5%
Typical maximum loss
10%
Typical daily loss limit
4.5% (none on 1% of accounts)
Drawdown models
static 95%, trailing (equity) 3%, trailing (balance) 1%
Typical profit split
80%
Typical payout cycle
14 days
Billing
one-time fee
Fee due after passing
none
Consistency rule
none during the challenge on 31% of accounts; a best-day cap is listed on 13% (often on payouts)
Typical minimum trading days
3
Median 50K price
$329
Median 100K price
$559
Most supported platforms
MetaTrader 5 (43 firms), Match-Trader (23 firms), cTrader (22 firms), TradeLocker (13 firms)

Medians across the 557 accounts on this page, list prices, September 29, 2026.

Top picks at a glance

Forex/CFD · 100K account or closest size

#FirmAccountProfit targetLoss limitsSplitPayoutsList priceBest for
1The5ers logoThe5ers4.4$100K High Stakes Challenge 2-Step8% / 5%4% daily · 8% max (static)80%Bi-weekly$455Static drawdown
2FundedNext logoFundedNext4.3$100K Stellar Lite Challenge 2-Step8% / 4%4% daily · 8% max (static)80%21 days$400Most reviewed
3FTMO logoFTMO4.3€100K Standard Challenge 2-Step10% / 5%5% daily · 10% max (static)80%Bi-weekly€540Longest track record
4FundingPips logoFundingPips4.2$100K Pro - Challenges 2-Step6% / 6%3% daily · 6% max (static)80%Weekly$466Weekly payouts
5Fintokei logoFintokei4.2$100K Pro Trader - Evaluation 2-Step8% / 6%5% daily · 10% max (static)80%Bi-weekly$549Wide choice of accounts
6Hola Prime logoHola Prime4.1$100K Prime X 2-Step10% / 5%5% daily · 10% max (static)80%Bi-weekly$569Balanced rules
7Funded Trading Plus logoFunded Trading Plus4.1$100K Classic 2-Step7% / 7%4% daily · 8% max (static)80%10 days$549Largest accounts
8For Traders logoFor Traders4.0$100K Classic 2-Step8% / 5%5% daily · 8% max (static)80%—$579Balanced rules

Crypto · 100K account or closest size

#FirmAccountProfit targetLoss limitsSplitPayoutsList priceBest for
1BEM Funding logoBEM Funding4.0$100K Classic Normal 2-Step9% / 4.5%4.5% daily · 8% max (static)80%Bi-weekly$519Static drawdown
2Crypto Fund Trader logoCrypto Fund Trader3.8$100K 2-Step8% / 5%5% daily · 10% max (static)80%15 days$660Balanced rules
3Tradeify 247 logoTradeify 2473.8$100K Challenge 2-Step10% / 5%3% daily · 6% max (static)80%Daily$580Daily payouts
Firms on this page
50
of 90 firms tracked
Median target
13.5%
1-Step: 6%
Median max loss
10%
1-Step: 6%
Median cost per $10K
$71
1-Step: $65

Best picks for every need

Cheapest $100K account
The5ers logoThe5ers
$100K Summer Plan 10/5 · $149
Lowest cost per $10K
The5ers logoThe5ers
$200K Summer Plan 10/5 · $12.45 per $10K incl. fees
Most drawdown for the target
Pipstone Capital logoPipstone Capital
$25K · 8% / 5% target, 12% max loss
Highest profit split
Moneta Funded logoMoneta Funded
$100K Challenge · 88% split
No daily loss limit
WSFunded logoWSFunded
$25K Elite Two Phase · 6% static max loss only
Daily payouts
Atmos Funded logoAtmos Funded
$5K Plus · payouts daily, 80% split
Crypto traders
BEM Funding logoBEM Funding
$5K Classic Normal · $39
Longest track record
FTMO logoFTMO
€50K Swing Challenge · 11 years in operation

Picked automatically from 557 accounts. Firms with warnings and our Editor's Choice are excluded.

Compare all 557 accounts

Every account that matches this page, at list price. Default view: $100K forex/CFD 2-Step accounts, cheapest first.

82 accounts match · list prices, no promo codes applied

Firm · accountSizeStepsProfit targetDaily lossMax lossDD : targetSplitPayoutsList price
FundedHive ⚠4.0Pay From Profits 2-Step - 100K$100K2-Step8%|6%5%10% Static1:0.7180%Daily$99$9.90 / $10KVisit
The5ers4.4 ★★★★★ 4.7Summer Plan 10/5 - 2-Step 100K$100K2-Step10%|5%3%10% Static1:0.6780%Bi-weekly$149$14.90 / $10KVisit
The5ers4.4 ★★★★★ 4.7Summer Plan 8/5 - 2-Step 100K$100K2-Step8%|5%3%10% Static1:0.7780%Bi-weekly$179$17.90 / $10KVisit
Blue Guardian ⚠4.1 ★★★★★ 3.32 Step Nano - 100K$100K2-Step8%|5%3%10% Static1:0.7780%Bi-weekly$239$23.90 / $10KVisit
AquaFunded ⚠3.8 ★★★★★ 2.2Shark Challenge - 2-Step Pro Chal…$100K2-Step10%|5%5%10% Trailing eq.1:0.6790%Bi-weekly$279$27.90 / $10KVisit
FundedElite ⚠4.0 ★★★★★ 4.2Lite challenge - 2-step 100K$100K2-Step10%|5%4%8% Static1:0.5380%Bi-weekly$299$29.90 / $10KVisit
Shark Funded ⚠3.6 ★★★★★ 1.9Lite 2 Step - 100K$100K2-Step6%|6%3%6% Static1:0.5—Weekly$356$35.60 / $10KVisit
AquaFunded ⚠3.8 ★★★★★ 2.2Elite - 2-Steps - 100K$100K2-Step8%|5%4%10% Static1:0.7790%Bi-weekly$365$36.50 / $10KVisit
AquaFunded ⚠3.8 ★★★★★ 2.2Shark Challenge - 2-Step Challeng…$100K2-Step8%|5%5%8% Static1:0.6290%Bi-weekly$375$37.50 / $10KVisit
Atmos Funded3.9 ★★★★★ 3.6Plus - 2-Steps 100K$100K2-Step6%|6%3%6% Static1:0.580%Daily$379$37.90 / $10KVisit
Alpha Capital ⚠4.3 ★★★★★ 4.6Alpha Pro 6% - 2-Step 100K$100K2-Step6%|6%3%6% Static1:0.580%Bi-weekly$397$39.70 / $10KVisit
FundedNext4.3 ★★★★★ 4.5Stellar Lite Challenge - 2-Steps …$100K2-Step8%|4%4%8% Static1:0.6780%21 days$400$40 / $10KVisit
Maven ⚠4.1 ★★★★★ 3.92-Step Challenge - Standard - 2-S…$100K2-Step8%|5%4%8% Static1:0.6280%—$440$44 / $10KVisit
Alpha Capital ⚠4.3 ★★★★★ 4.6Alpha Pro 10% - 2-Step 100K$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$447$44.70 / $10KVisit
Blueberry Funded ⚠3.5 ★★★★★ 3.4Synthetic Evaluation - 2-Step - 1…$100K2-Step10%|5%4%10% Static1:0.6780%Bi-weekly$450$45 / $10KVisit
The5ers4.4 ★★★★★ 4.7High Stakes Challenge - 2-Steps 1…$100K2-Step8%|5%4%8% Static1:0.6280%Bi-weekly$455$45.50 / $10KVisit
Funding Traders ⚠3.72-Step PRO6 - 100K$100K2-Step6%|6%3%6% Static1:0.580%21 days$459$45.90 / $10KVisit
Blue Guardian ⚠4.1 ★★★★★ 3.32 Step Standard - 2-Steps 100K$100K2-Step8%|4%4%8% Static1:0.6785%Bi-weekly$463$46.30 / $10KVisit
FundingPips4.2 ★★★★★ 4.5Pro - Challenges - 2-Steps 100K$100K2-Step6%|6%3%6% Static1:0.580%Weekly$466$46.60 / $10KVisit
Maven ⚠4.1 ★★★★★ 3.9OMO Challenge - 2-Steps 100K$100K2-Step6%|8%4%8% Static1:0.5780%Bi-weekly$472$47.20 / $10KVisit
Equity Edge4.0 ★★★★★ 4.2Swift 2-Step - 100K$100K2-Step8%|5%4%8% Static1:0.6280%Bi-weekly$472$47.20 / $10KVisit
QT Funded3.9 ★★★★★ 3.6QT POWER - 100K$100K2-Step6%|6%4%8% Static1:0.6780%Bi-weekly$475$47.50 / $10KVisit
Goat Funded Trader ⚠3.6 ★★★★★ 2.12 Step GOAT - 100K$100K2-Step8%|6%4%10% Static1:0.7180%Bi-weekly$478$47.80 / $10KVisit
NYS Markets ⚠3.3 ★★★★★ 3.0CFD 2 Step - 100K$100K2-Step8%|5%5%10% Static1:0.7780%Daily$498$49.80 / $10KVisit
FundedHive ⚠4.02-Step Classic NewBee - 100K$100K2-Step8%|6%5%10% Static1:0.7170%Daily$499$49.90 / $10KVisit
Funded Friday ⚠3.8Two Step - 100K$100K2-Step10%|8%5%8% Static1:0.4490%Weekly$499$49.90 / $10KVisit
ThinkCapital3.7Dual Step Intraday Challenge - 2-…$100K2-Step9%|5%4%7% Static1:0.580%Bi-weekly$499$49.90 / $10KVisit
FundedElite ⚠4.0 ★★★★★ 4.2Standard Free Retry - 2-step 100K$100K2-Step8%|5%5%8% Static1:0.6280%Bi-weekly$519$51.90 / $10KVisit
Nordic Funder3.8 ★★★★★ 3.22-Phase Evaluation - 2-Steps 100K$100K2-Step10%|5%4%8% Static1:0.5380%30 days$525$52.50 / $10KVisit
Alpha Capital ⚠4.3 ★★★★★ 4.6Alpha Pro 8% - 2-Step 100K$100K2-Step8%|5%4%8% Static1:0.6280%Bi-weekly$527$52.70 / $10KVisit
WSFunded3.8 ★★★★★ 4.3Ultra Two Phase - 100K$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$529$52.90 / $10KVisit
Top One Trader ⚠3.8 ★★★★★ 4.42-Step Pro Challenge - 2-Steps 10…$100K2-Step8%|5%4%9% Static1:0.6985%Bi-weekly$531$53.10 / $10KVisit
Fintokei4.2 ★★★★★ 4.4Pro Trader - 2Phase Evaluation - …$100K2-Step8%|6%5%10% Static1:0.7180%Bi-weekly$549$54.90 / $10KVisit
Funded Trading Plus4.1Classic - 2-Steps 100K$100K2-Step7%|7%4%8% Static1:0.5780%Bi-weekly$549$54.90 / $10KVisit
Leveraged4.0Senior - 2-step - 100K$100K2-Step5%|8%5%10% Static1:0.7780%Bi-weekly$549$54.90 / $10KVisit
Equity Edge4.0 ★★★★★ 4.2Legacy 2-Step - 100K$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$549$54.90 / $10KVisit
Atmos Funded3.9 ★★★★★ 3.6Standard - 2-Steps 100K$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$549$54.90 / $10KVisit
FXIFY3.9 ★★★★★ 4.3Static - 2-Phase - 2-Steps 100K$100K2-Step5%|10%4%10% Static1:0.6780%Bi-weekly$549$54.90 / $10KVisit
FXIFY3.9 ★★★★★ 4.3Trailing - 2-Steps 100K$100K2-Step10%|5%4%10% Trailing bal.1:0.6780%—$549$54.90 / $10KVisit
City Traders Imperium3.7 ★★★★★ 4.22-Step Challenge Funding - 2-Step…$100K2-Step10%|5%5%10% Static1:0.6780%—$549$54.90 / $10KVisit
Audacity Capital ⚠3.7 ★★★★★ 2.9Ability Challenge - 2-Step 100K$100K2-Step10%|5%7.5%15% Static1:175%Bi-weekly$549$54.90 / $10KVisit
FundedNext4.3 ★★★★★ 4.5Stellar Challenge - 2-Steps 100K$100K2-Step8%|5%5%10% Static1:0.7780%21 days$550$55 / $10KVisit
QT Funded3.9 ★★★★★ 3.6QT TWO - 100K$100K2-Step8%|5%4%8% Static1:0.6280%Bi-weekly$550$55 / $10KVisit
FundingPips4.2 ★★★★★ 4.5Flex - Challenges - 2-Steps 100K$100K2-Step10%|8%4%12% Static1:0.6780%Bi-weekly$555$55.50 / $10KVisit
Finotive Funding3.82 Phase Challenge - 2-Step 100K$100K2-Step7.5%|5%4.5%9% Static1:0.7280%—$555$55.50 / $10KVisit
WSFunded3.8 ★★★★★ 4.3Classic Two Phase - 100K$100K2-Step8%|5%5%8% Static1:0.6280%Bi-weekly$563$56.30 / $10KVisit
Equity Edge4.0 ★★★★★ 4.2Flagship 2-Step - 100K$100K2-Step8%|5%4%10% Static1:0.7780%Bi-weekly$565$56.50 / $10KVisit
Hola Prime4.1 ★★★★★ 4.52 Step Prime X - 100K$100K2-Step10%|5%5%10% Static1:0.6780%Bi-weekly$569$56.90 / $10KVisit
Hola Prime4.1 ★★★★★ 4.52 Step Prime - 100K$100K2-Step8%|5%5%10% Static1:0.7780%Bi-weekly$569$56.90 / $10KVisit
The Trading Pit3.7CFD Prime - 2-Phase Evaluation - …$100K2-Step10%|5%4%8% EOD trailing1:0.5380%Bi-weekly$569$56.90 / $10KVisit

The 7 best picks, reviewed

1The5ers logo

The5ers

4.4 our score · ★★★★★ 4.7 Trustpilot
Visit
Account
$100K High Stakes Challenge · 2-Step
Target
8% / 5%
Loss limits
4% daily · 8% max (static)
Split · payouts
80% · bi-weekly
List price
$455
Accounts on this page
10
Pros
  • Static max drawdown: the floor never moves up
  • 4.7★ on Trustpilot from 38.7K reviews
  • 10 years in operation
Cons
  • Payouts every 14 days
  • At least 3 trading days

Full review

2FundedNext logo

FundedNext

4.3 our score · ★★★★★ 4.5 Trustpilot
Visit
Account
$100K Stellar Lite Challenge · 2-Step
Target
8% / 4%
Loss limits
4% daily · 8% max (static)
Split · payouts
80% · 21 days
List price
$400
Accounts on this page
12
Pros
  • Static max drawdown: the floor never moves up
  • 4.5★ on Trustpilot from 80.4K reviews
  • 4 years in operation
Cons
  • Payouts every 21 days
  • At least 5 trading days

Full review

3FTMO logo

FTMO

4.3 our score · ★★★★★ 4.8 Trustpilot
Visit
Account
€100K Standard Challenge · 2-Step
Target
10% / 5%
Loss limits
5% daily · 10% max (static)
Split · payouts
80% · bi-weekly
List price
€540
Accounts on this page
9
Pros
  • Static max drawdown: the floor never moves up
  • 4.8★ on Trustpilot from 53.3K reviews
  • 11 years in operation
Cons
  • Payouts every 14 days
  • At least 4 trading days

Full review

4FundingPips logo

FundingPips

4.2 our score · ★★★★★ 4.5 Trustpilot
Visit
Account
$100K Pro - Challenges · 2-Step
Target
6% / 6%
Loss limits
3% daily · 6% max (static)
Split · payouts
80% · weekly
List price
$466
Accounts on this page
16
Pros
  • Static max drawdown: the floor never moves up
  • Weekly payouts
  • 4.5★ on Trustpilot from 69.3K reviews

Full review

5BEM Funding logo

BEM Funding

4.0 our score
Visit
Account
$100K Classic Normal · 2-Step
Target
9% / 4.5%
Loss limits
4.5% daily · 8% max (static)
Split · payouts
80% · bi-weekly
List price
$519
Accounts on this page
10
Pros
  • Static max drawdown: the floor never moves up
Cons
  • Payouts every 14 days
  • At least 3 trading days
6Fintokei logo

Fintokei

4.2 our score · ★★★★★ 4.4 Trustpilot
Visit
Account
$100K Pro Trader - Evaluation · 2-Step
Target
8% / 6%
Loss limits
5% daily · 10% max (static)
Split · payouts
80% · bi-weekly
List price
$549
Accounts on this page
13
Pros
  • Static max drawdown: the floor never moves up
Cons
  • Payouts every 14 days
  • At least 3 trading days

Full review

7Hola Prime logo

Hola Prime

4.1 our score · ★★★★★ 4.5 Trustpilot
Visit
Account
$100K Prime X · 2-Step
Target
10% / 5%
Loss limits
5% daily · 10% max (static)
Split · payouts
80% · bi-weekly
List price
$569
Accounts on this page
17
Pros
  • Static max drawdown: the floor never moves up
  • 4.5★ on Trustpilot from 3.8K reviews
Cons
  • Payouts every 14 days
  • 50% consistency rule
  • At least 5 trading days

Full review

2-Step vs 1-Step: what the numbers say

Median2-Step1-Step
Accounts557997
Profit target (total)13.5%6%
Max loss10%6%
Drawdown per 1% of target1:0.671:0.63
No daily loss limit1%28%
Static max drawdown95%33%
No consistency rule31%22%
Funded profit split80%80%
Payout cycle (days)145
Cost per $10K (one-time fee)$71$65
Same firm, 100K forex1-Step2-StepDifference
The5ers$249$149+$100
FundedNext$570$400+$170
FTMO€499€540−€41
FundingPips$666$466+$200
Fintokei$499$549−$50
Hola Prime$579$569+$10
Funded Trading Plus$549$549same
For Traders$469$579−$110

Medians across all accounts we track of each type.

Not automatically. The median 2-Step account asks for a 13.5% total target with a 10% max loss; the median 1-Step account 6% with 6%. That is 1:0.67 vs 1:0.63 of drawdown per 1% of target. 95% of 2-Step accounts use a static drawdown, against 33% of 1-Step ones.

What the data shows

Profit targets

6.5–8% 9 accts8.5–10% 30 accts>10% 518 accts
Accounts on this page by total profit target (557 accounts).

Drawdown models

557accountsStatic · 96%Trailing (equity) · 3%Trailing (balance) · 1%End-of-day trailing · 0%
Static drawdown is the most forgiving; intraday trailing the strictest.

Median list price by account size (Forex)

$5K $49$10K $85.50$25K $199$50K $329$100K $549$200K $1,049
Median upfront list price of accounts on this page, USD-normalised; pay-after-pass accounts excluded.

Cheapest 2-step challenge

Equity Edge $18The5ers $22WSFunded $23Finotive Funding $25Nordic Funder $25Atmos Funded $28The Trading Pit $29FundedNext $32.99FundingPips $33QT Funded $35Hola Prime $39BEM Funding $39
Top 12 firms without warnings by cheapest 2-step challenge.

Full list: all 50 firms

#Firm2-Step fromSplitPayoutsScoreTrustpilot
1The5ers logoThe5ers$2280%Bi-weekly4.44.7Visit
2FundedNext logoFundedNext$32.9980%Weekly4.34.5Visit
3Alpha Capital logoAlpha Capital⚠ warning$2780%Daily4.34.6Visit
4FTMO logoFTMO€8990%Bi-weekly4.34.8Visit
5FundingPips logoFundingPips$3395%Weekly4.24.5Visit
6Fintokei logoFintokei$4990%Bi-weekly4.24.4Visit
7Hola Prime logoHola Prime$3980%Bi-weekly4.14.5Visit
8Maven logoMaven⚠ warning$1980%Daily4.13.9Visit
9Blue Guardian logoBlue Guardian⚠ warning$3285%Daily4.13.3Visit
10Funded Trading Plus logoFunded Trading Plus$8980%Daily4.1—Visit
11V Prop Trader logoV Prop Trader⚠ warning$14.9995%Bi-weekly4.14.7Visit
12FundedElite logoFundedElite⚠ warning$3980%Bi-weekly4.04.2Visit
13For Traders logoFor Traders$6780%Daily4.0—Visit
14Leveraged logoLeveraged$8580%Bi-weekly4.0—Visit
15BEM Funding logoBEM Funding$3980%Daily4.0—Visit
16Equity Edge logoEquity Edge$1890%Bi-weekly4.04.2Visit
17FundedHive logoFundedHive⚠ warning$990%Daily4.0—Visit
18Atmos Funded logoAtmos Funded$2880%Daily3.93.6Visit
19FXIFY logoFXIFY$5980%10 days3.94.3Visit
20Orion Funded logoOrion Funded$4980%Bi-weekly3.94.5Visit
21Hantec Trader logoHantec Trader$5980%Daily3.94.3Visit
22QT Funded logoQT Funded$35100%4 days3.93.6Visit
23AquaFunded logoAquaFunded⚠ warning$2090%Bi-weekly3.82.2Visit
24Moneta Funded logoMoneta Funded$45100%Daily3.84.5Visit
25Top One Trader logoTop One Trader⚠ warning$6990%Bi-weekly3.84.4Visit
26Crypto Fund Trader logoCrypto Fund Trader$5880%15 days3.8—Visit
27Finotive Funding logoFinotive Funding$2580%Bi-weekly3.8—Visit
28Nordic Funder logoNordic Funder$2580%Bi-weekly3.83.2Visit
29WSFunded logoWSFunded$2380%10 days3.84.3Visit
30Tradeify 247 logoTradeify 247$10080%Daily3.84.1Visit
31Funded Friday logoFunded Friday⚠ warning$6090%Weekly3.8—Visit
32BrightFunded logoBrightFunded⚠ warning€4780%30 days3.73.3Visit
33City Traders Imperium logoCity Traders Imperium$3980%—3.74.2Visit
34Audacity Capital logoAudacity Capital⚠ warning$4975%Bi-weekly3.72.9Visit
35The Trading Pit logoThe Trading Pit$2980%Bi-weekly3.7—Visit
36ThinkCapital logoThinkCapital$5980%Bi-weekly3.7—Visit
37WenCrypto logoWenCrypto$4480%10 days3.7—Visit
★Hash Hedge logoHash HedgeEditor's Choice$7980%Bi-weekly3.74.5Visit
38Funded Trader Markets logoFunded Trader Markets⚠ warning$10090%Daily3.73.4Visit
39Funding Traders logoFunding Traders⚠ warning$4990%Weekly3.7—Visit
40Goat Funded Trader logoGoat Funded Trader⚠ warning$3690%Bi-weekly3.62.1Visit
41FundedSquad logoFundedSquad⚠ warning$7980%Daily3.6—Visit
42HyroTrader logoHyroTrader$5980%Daily3.64.0Visit
43Shark Funded logoShark Funded⚠ warning$2480%Daily3.61.9Visit
44Upcomers logoUpcomers⚠ warning$24990%Daily3.6—Visit
45Blueberry Funded logoBlueberry Funded⚠ warning$2585%Bi-weekly3.53.4Visit
46The Funded Room logoThe Funded Room⚠ warning$3980%Weekly3.42.5Visit
47IC Funded logoIC Funded⚠ warning$7480%Bi-weekly3.33.3Visit
48NYS Markets logoNYS Markets⚠ warning$5885%Daily3.33.0Visit
49Pipstone Capital logoPipstone Capital$4980%Bi-weekly3.22.0Visit

Order: our score. ⚠ marks firms with warnings; read the review before buying.

How to choose a two-step challenge

Add up both phase targets. An 8% + 5% account needs 13% of profit in total before you are funded; a 10% + 5% account needs 15%. Compare that sum with the max loss: the more drawdown per 1% of target, the more room for a losing streak.

Check minimum trading days per phase. Many firms require 3–5 trading days in each phase, which sets a floor on how fast you can get funded even if you hit the target in one session.

Look at what changes on the funded account. Some firms tighten the daily limit or add a consistency rule after you pass. The funded rules decide how often you get paid, so read them before buying.

Use the same-firm price table. At several firms the 2-step version of a 100K account is cheaper than the 1-step one; at others the difference is small.

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FAQ

Which is the best 2-step prop firm?

By our score it is The5ers (4.4/5). Its $100K 2-step account (High Stakes Challenge): 8% / 5% target, 4% daily loss limit, 8% static max loss, 80% split, $455. Next in our ranking: FundedNext, FTMO and FundingPips.

What are the usual profit targets in a two-step challenge?

The most common split is 8% + 5% (26% of accounts). Across 557 two-step accounts the median combined target is 13.5% and the median max loss 10%.

What is the cheapest 2-step prop firm?

Counting the full cost (list price plus any fee due after passing), the cheapest $100K account on this page is at The5ers: $149. The lowest price for any account here is $18 (Equity Edge, $3K account). Prices are list prices without promo codes.

Is a two-step challenge easier than a one-step challenge?

Not automatically. The median 2-Step account asks for a 13.5% total target with a 10% max loss; the median 1-Step account 6% with 6%. That is 1:0.67 vs 1:0.63 of drawdown per 1% of target. 95% of 2-Step accounts use a static drawdown, against 33% of 1-Step ones.

Do two-step challenges have a static drawdown?

Mostly yes: 95% of two-step accounts we track use a static max loss, against 33% of one-step accounts.