Choosing the right prop firm challenge can feel like finding the perfect trade entry. One path gets you funded faster, another gives you more time to build consistency, and both test your discipline and trading edge.
At FunderPro, we offer three evaluation paths designed for different trader profiles: the 1-Phase Challenge, the 2-Phase Classic, and the 2-Phase Pro.
Before diving in, you can review all requirements on our Challenge Page or explore the full Trading Rules. This guide explains each challenge clearly, defines key trading terms, and answers common questions to help you choose the best path for your strategy.
Quick Summary
- Fastest Funding: Choose the 1-Phase Challenge — one stage, a 10% profit target, and quick access to funding.
- Most Structured: Go for the 2-Phase Classic — steady 10% + 5% targets with no consistency rule.
- Fastest Rewards: Pick the 2-Phase Pro (daily rewards option) — 10% + 8% targets with on-demand rewards once funded.
Introduction
Prop firm challenges are designed to test a trader’s consistency, discipline, and ability to manage risk effectively. Some traders prefer a single, fast-paced evaluation, while others want a more structured, gradual path. At FunderPro, both routes are available, built with transparency, realistic drawdowns, and balance-based risk management that mirrors professional trading environments.
Understanding Our Challenge Options
FunderPro offers three challenge types to suit every trading style:
- 1-Phase Challenge: One stage, one goal — a 10% profit target with tighter risk limits.
- 2-Phase Classic: Two stages with 10% and 5% profit targets, allowing more time and flexibility.
- 2-Phase Pro: Two stages with 10% and 8% profit targets, plus on-demand rewards once funded.
Each model rewards consistency, not luck, and helps traders build long-term discipline.
Key Terms Explained
Drawdown
The maximum loss your balance can decline in a day or overall. All FunderPro challenges use balance-based drawdowns that reset daily at 00:00 GMT+3.
Consistency Rule
Prevents traders from passing due to one oversized day. It ensures profits come from consistent trading rather than one-off spikes.
Profit Target
The percentage of account growth needed to pass a phase (for example, 10% in Phase 1).
On-Demand Reward
The ability to withdraw profits once your funded account grows by at least 1%.
Leverage
Determines how much market exposure you can control. A ratio of 1:100 means $1 controls $100 in trades.
Video: How It Works
FunderPro Challenge Comparison Table
| Model | Phase Targets | Min Days | Consistency Rule | Daily DD (Balance) | Overall DD (Fixed/Equity) | Reward Cadence | Swing |
|---|---|---|---|---|---|---|---|
| 1-Phase | 10% | None | ≤ 40% of total profits | 3% | 6% | Bi-weekly | Swing Add-On |
| 2-Phase Classic | 10% + 5% | 4 per phase | None | 5% | 10% | Bi-weekly | Swing Add-On |
| 2-Phase Pro | 10% + 8% | None (min 3 for consistency) | ≤ 45% of total profits | 5% | 10% | On-demand or Weekly | Swing Add-On |
The 1-Phase Challenge
The fastest path to funding — one stage, one goal. You only need to hit a 10% profit target under tighter limits that encourage professional discipline.
Key Details
- Profit target: 10%
- Daily drawdown: 3% (balance-based)
- Overall drawdown: 6%
- Consistency rule: best day ≤ 40% of total profits
- Minimum trading days: none
- Rewards after funding: every 2 weeks
- Leverage (FX): up to 1:50
Ideal for confident traders who prefer a single, focused evaluation with rapid results.
The 2-Phase Classic Challenge
A structured, flexible option that balances patience and risk.
Key Details
- Phase 1 target: 10%
- Phase 2 target: 5%
- Daily drawdown: 5%
- Overall drawdown: 10%
- Minimum trading days: 4 per phase
- Consistency rule: none
- Rewards after funding: every 2 weeks
- Leverage (FX): up to 1:100
Best suited for swing and position traders who prefer structure over speed. Add the Swing Add-On to hold trades overnight or across weekends.
The 2-Phase Pro Challenge
Built for active traders who want freedom and instant reward access.
Key Details
- Phase 1 target: 10%
- Phase 2 target: 8%
- Daily drawdown: 5%
- Overall drawdown: 10%
- Consistency rule: best day ≤ 45% of total profits
- Funded rewards: on demand, once balance grows by 1% or more
- Leverage (FX): up to 1:100
Once funded, you can request rewards multiple times a week, providing constant motivation and control.
External Insight: Investopedia: Proprietary Trading Definition
Comparing the Three Challenges
Each model serves a specific type of trader. Here’s how to decide which one fits you best:
- 1-Phase Challenge: Fastest route to funding with simple objectives and stricter drawdowns. Designed for experienced, confident traders who prefer quick evaluations.
- 2-Phase Classic Challenge: A balanced, structured path. It provides room for recovery, a lower second-phase target, and no consistency rule — perfect for swing or long-term traders.
- 2-Phase Pro Challenge: The most flexible and motivating option, giving you on-demand rewards with 60% share or weekly rewards with 90% share, fast progression, and the freedom to earn as you trade.
All three share the same core principles: balance-based drawdowns, clear profit targets, and transparent reward systems that mirror real professional trading.
Key Details You Should Know
Consistency Rules
- 1-Phase: best day ≤ 40% of total profits
- 2-Phase Classic: no consistency rule
- 2-Phase Pro: best day ≤ 45% of total profits
Drawdown Calculation
All drawdowns are balance-based and reset daily at midnight GMT+3.
For example, on a $10,000 account, the daily loss limit at 3% is $300.
Add-Ons
- Swing Add-On: Trade overnight or through weekends.
- News Trading Add-On: Remove the 2-minute restriction before and after major announcements.
Inactivity Rule
Accounts inactive for 30 consecutive days are automatically closed.
Refund Policy
Your challenge fee is 100% refundable after your first reward.
Further Reading: Dynamic Risk Management for Prop Traders
Key Takeaways
- 1-Phase: Fast, focused, and great for experienced traders.
- 2-Phase Classic: Structured and steady, ideal for swing traders.
- 2-Phase Pro: Flexible with on-demand rewards.
- Balance-based drawdowns promote consistent risk management.
- 100% fee refund after your first reward.
- Every model supports professional, sustainable trading growth.
Start your FunderPro Challenge today and trade with confidence.
