Best Prop Firms With 1-Step Challenges
In this article, we will dive into a detailed overview of the Best propfirms offering 1 step challenges.
Prop firms offering 1-step challenges have revolutionized the way traders can showcase their skills and gain access to funded accounts. These streamlined challenges are designed with simplicity in mind, removing the multiple phases often associated with traditional funding processes. For traders, this means a faster path to proving their strategies without additional hurdles or delays.
Below is a table highlighting which proprietary firms offer 1-step challenge accounts.
Prop Firm | 1-Step Challenge |
---|---|
Blueberry Funded | Yes |
Think Capital | Yes |
Fxify | Yes |
MyfundedFx | Yes |
E8 Markets | Yes |
Funded Trading Plus | Yes |
Fundednext | Yes |
Blue Guardian | Yes |
Blueberry Funded
Blueberry Funded offers two distinct one-step challenges. This includes the One-Step challenge and the Rapid Challenge.
Blueberry Funded‘s One-Step Challenge offers account sizes of up to $200,000 with a leverage of 1:30, a 10% profit target during the evaluation phase while adhering to risk parameters, including a 4% daily loss limit and a maximum overall loss of 6%. Upon completing the evaluation, traders gain access to a funded account where they retain 80% of the profits they generate and bi-weekly profit withdrawals.
The Rapid Challengeprovides account sizes of up to $100,000 with the same 1:30 leverage. The evaluation phase requires traders to achieve a 5% profit target while maintaining discipline under a 3% daily loss limit and a maximum overall loss of 4%. Successful participants are granted funded accounts, where they also get 80% of their profits and can withdraw earnings every two weeks.
Think Capital
Think Capital Lightning Challenge includes accounts up to $300,000 with a leverage of 1:30. Once funded, traders can start trading immediately and are eligible to withdraw their profits bi-weekly. The evaluation phase requires traders to achieve a unique profit target of 10% during evaluation only, with a daily loss limit of 3% and a maximum overall loss of 6%. Upon passing, traders move to the funded account, where they keep 80% of profits they generate.
Blue Guardian
Blue Guardian Rapid Guardian Program includes accounts up to $200,000 with a leverage ratio of 1:100 during evaluation and 1:50 at funded. Once funded, traders can start trading immediately and are eligible to withdraw their profits biweekly. The evaluation phase requires traders to achieve a profit target of 10% during with a daily loss limit of 4% and a maximum overall loss of 6%, keeping 90% of profits they generate.
FXIFY
The FXIFY‘s One-Step Assessment Program has funding accounts reaching up to $400,000 and trading leverage of 1:30. The evaluation phase requires traders to achieve a 10% profit target without exceeding a 3% maximum daily loss or a 6% maximum loss. Upon successful completion of the evaluation phase, traders gain access to a funded account, with no maximum trading days. The first withdrawal from the funded account is available on-demand, without a minimum amount, and subsequent withdrawals are either monthly or bi-weekly (using add-ons) with profits splits of 75% or 90% (using add-ons).
Myfundedfx
The Myfundedfx 1-Step Program has funding accounts reaching up to $100,000 and a minimal trading leverage of 1:30. Once funded, you can withdraw your profits bi-weekly. The evaluation phase requires traders to achieve a 10% profit target without exceeding a 4% maximum daily loss or a 6% maximum loss. There are no maximum number of trading days in this phase and traders retain 80% of the profits they generate.
E8 Markets
E8 Markets offers two distinct one-step challenges. This includes the E8 One and the E8 Pro Challenges.
The E8 Markets E8 One Program has funding accounts reaching up to $400,000 and a trading leverage of 1:30. With this program, Once you’re funded, you can immediately start trading and withdraw profits at any time. The evaluation phase requires traders to achieve a 10% profit target without exceeding a 4% maximum daily loss or a 6% maximum trailing loss. The withdrawal frequency from this program is biweekly, with up to 80% profit splits.
E8 Markets E8 Pro Program includes accounts up to $200,000 with a leverage ratio of 1:50. Once funded, traders can start trading immediately and are eligible to withdraw their first profits after just 7 days and the same subsequently.The evaluation phase requires traders to achieve an 8% profit target with a daily profit cap of 2%, a daily loss limit of 2%, and a maximum overall loss of 8%, keeping 80% of profits.
Funded Trading Plus
Funded Trading Plus Experienced Trader program includes accounts up to $200,000 with a leverage of 1:30. The evaluation phase requires traders to achieve a unique profit target of 10%, with a daily loss limit of 4% and a maximum overall loss of 6%. Once funded, traders can start trading immediately and are eligible to withdraw their first profits anytime days and subsequently weekly, keeping 80% of profits they generate.
Funded Next
FundedNext One-Step Stellar Challenge program has funding accounts reaching up to $200,000 and a trading leverage of 1:100. With this program, once you’re funded, you can immediately start trading and withdraw your first profits after 5 days. During the the evaluation, traders are restrained with a maximum drawdown and a daily drawdown limit of 6% and 3%, respectively, with an objective of 10% profit target.
You can check comprehensive reviews that provide in-depth insights into each firm’s trading conditions, account types, and unique featuresinn our prop reviews section.