Making the Smart Choice

💡 Now that you have picked out a few good prop firms, it’s time to choose the right challenge! Two-step challenges are your best path to sustainable profits. While one-step or instant funding accounts might seem attractive for faster payouts, two-step challenges offer better long-term benefits, especially with higher drawdown allowances on funded accounts. Two-step challenges may be more work and take longer before seeing any reward but they have the highest return on investment for traders over time.

Challenge Types Compared

📊 Focus on 2-step FOREX challenges:

• Recommended: 2-step challenges
• Not Covered: Futures challenges (different model)
• Avoid: Trailing drawdown challenges (dramatically decreases passing probability)

Instant Funding and 1 Step

The issue with attempting the instant funding or 1 step challenges, is the fact that majority of prop firms use trailing drawdown for these models. Although the faster money can be attractive, trailing drawdown will make it extremely difficult to be net profitable long term. Put in the extra work for the 2 step model and you will be better off long term.

1 step challenges with static drawdown are acceptable but it’s important to remember that when you are funded, generally these will have lower drawdown allowance than the 2 step models. This makes it more difficult to manage funded accounts long term.

Prop firms with Static Drawdown on their 1 steps are…

Blueberry Funded, Funding Pips, Funded next.

Challenge Costs

💰 Price ranges to consider:

Smart Shopping Tips

🎯 Maximizing your value:

1. Always look for promotions
2. Use PropFirmMatch for deals