Introduction to Prop Firm Challenges
Proprietary trading firms provide traders with access to firm-funded capital, allowing them to trade larger accounts without risking their own money. However, before receiving funding, traders must pass an evaluation process that tests their ability to manage risk and generate profits.
Two common types of evaluations exist: the One Step Challenge Prop Firm model and the 2 Step Evaluation model. While both structures have their advantages, some prop firms are easier to pass based on their specific rules, profit targets, and risk requirements. Traders looking for a straightforward path to funding often prefer firms with more lenient and trader-friendly challenges.
Understanding the Two Types of Prop Firm Evaluations
1. The One-Step Challenge Model
A One Step Challenge Prop Firm requires traders to reach a specific profit target within a single phase while following predefined risk management rules. Once the trader completes this phase, they receive a funded account immediately.
Advantages of One-Step Challenges:
- Faster funding process with only one evaluation phase
- Less psychological pressure since traders do not have to repeat their performance in a second phase
- More flexibility in trading strategies, allowing traders to focus solely on achieving the target
2. The 2 Step Evaluation Model
The 2 Step Evaluation is a more traditional approach, requiring traders to complete two consecutive challenge phases before being funded. Typically, traders must:
- Meet a profit target in Phase 1 while following risk rules
- Complete Phase 2 with a smaller profit target, proving consistency before accessing a funded account
Challenges with the 2 Step Evaluation:
- Takes longer to get funded, as traders must pass two phases
- More room for error, since traders may pass Phase 1 but fail in Phase 2
- Added stress and psychological pressure from needing to maintain consistency
Factors That Make a Prop Firm Easy to Pass
Not all prop firms have the same evaluation difficulty. Some firms offer trader-friendly rules that make passing easier. The easiest firms to pass typically have:
- Low profit targets (e.g., 5-8% instead of 10%)
- Higher drawdown limits, allowing for more flexibility in risk management
- No minimum trading days, enabling traders to complete the challenge quickly
- No strict consistency rules, meaning traders do not have to maintain even daily profits
The Easiest Prop Firms to Pass Based on Challenge Structure
1. One Step Challenge Prop Firms – The Fastest Route to Funding
Prop firms that use a One Step Challenge structure tend to be easier to pass since traders only need to meet a single profit target without repeating the process.
Why They Are Easier:
- Only one phase to pass, reducing the chances of failure
- More freedom in trading style, allowing for scalping, swing trading, and news trading
- Quick funding process, making it ideal for experienced traders who want fast access to capital
One such firm embracing this model is Funding Pips, which offers simple evaluation rules with a single profit target and reasonable drawdown limits.
2. 2 Step Evaluations with Lenient Rules
While 2 Step Evaluations are generally harder, some firms have relaxed requirements that make them easier to pass than others. The easiest 2 Step Evaluation firms typically offer:
- Lower Phase 1 and Phase 2 profit targets, reducing the effort required
- Higher daily and overall drawdown limits, giving traders more room for market fluctuations
- Flexible trading conditions, allowing for aggressive or passive strategies
Some 2 Step Evaluation firms also provide extensions or resets, which give traders more opportunities to complete the challenge without losing their entry fee.
Which Prop Firm Challenge is Best for Beginners?
For beginner traders, One Step Challenge Prop Firms are usually the best choice because they provide:
- A shorter path to funding
- Less stress and fewer restrictions
- More room for mistakes without needing to pass two phases
However, traders comfortable with longer evaluation periods and structured challenges may still opt for a 2 Step Evaluation if it comes with trader-friendly rules.
Final Thoughts
The easiest prop firms to pass are those that provide realistic profit targets, flexible risk management rules, and minimal restrictions. One Step Challenge Prop Firm tend to be easier because they only require one evaluation phase, while some 2 Step Evaluation firms offer relaxed conditions that make them more achievable.
For traders looking for a quick and simple funding process, firms like Funding Pips provide a One Step Challenge with reasonable profit targets and fair drawdown rules, making it an excellent option for those who want to get funded faster.
