Understanding the Two Models
Most prop firms offer either a single-phase evaluation or a two-phase evaluation. At TFC Funder, we offer both — and the right choice depends on your trading style, risk tolerance, and budget.
1-Step Challenge Overview
The 1-Step model has one evaluation phase. Hit the profit target once and you move directly to funded review.
- Profit target: 10%
- Daily drawdown: 3%
- Maximum drawdown: 6%
- Minimum trading days: 3
- Starting price: $99 for $10,000 account
Who it is for
The 1-Step is designed for experienced traders who are confident they can hit a 10% target without needing a second attempt. The tighter drawdown limits (3% daily, 6% max) mean less room for error, but the single phase means a faster path to funding.
2-Step Challenge Overview
The 2-Step model has two phases. Phase 1 requires 8% profit, Phase 2 requires 5% profit.
- Phase 1 target: 8%
- Phase 2 target: 5%
- Daily drawdown: 5%
- Maximum drawdown: 10%
- Minimum trading days: 3 per phase
- Starting price: $69 for $10,000 account
Who it is for
The 2-Step is better for traders who want more breathing room. The wider drawdown limits (5% daily, 10% max) give you significantly more room to manage losing streaks. The lower price point also makes it more accessible.
The Real Difference: Drawdown Tolerance
On a $50,000 account:
- 1-Step: $1,500 daily drawdown, $3,000 max drawdown
- 2-Step: $2,500 daily drawdown, $5,000 max drawdown
That extra $1,000 of daily room and $2,000 of total room makes a significant difference when you are trading volatile instruments like gold or NAS100.
Our Recommendation
If you are new to prop firm challenges, start with the 2-Step. The wider drawdown limits and lower price reduce your risk on both sides. Once you have passed and are comfortable with the evaluation format, you can consider the 1-Step for a faster path on your next challenge.
View all pricing options on our pricing page or start your challenge now.