There are several steps to pass a 1-step 50K funded account challenge with top prop firms. Typically, prop firms with one-step challenges require passing evaluation criteria on a single stage. With a reduced evaluation step, these 1-step challenges speed up the evaluation process to get funded with a 50K prop firm account. To pass a 50K funded challenge, prove your skills against the prop firm’s predetermined performance criteria – including profit targets, risk tolerance, and drawdown limits. As a forex trader yourself, maintain consistent profitability during 1-step prop firm challenge to get a 50K funded trading account.
>> Select Funding Trader’s 1-step 50K trading account to alleviate the stress of passing multiple evaluations before getting funded. With these 1-step challenges, you can take advantage of:
- No-commission model
- Support for weekend/overnight holding
- Copy/News Trading
- Unlimited Trading Days
Follow these steps to pass a one-step 50K funded account prop firm challenge.
Choose A Prop Trading Firm With $50K+ Accounts
First, choose a legitimate, industry-leading prop firm offering $50K+ funded account challenges. You can find plenty of online prop firms that offer $50K trading accounts. Weigh in multiple factors to select a forex trading prop firm best suited for your goals, style, and requirements. For instance, analyze the price models for $50K and other funded trading accounts. Typically, prop firms offer funded accounts ranging between $5K to $500K – with prices starting from $50.
As one of the biggest prop trading firms, FT offers multiple funded account challenges – available at a refundable initial fee:
- $5,000 (Beginner) – $50
- $10,000 (Mini) – $100
- $25,000 (Starter) – $200
- $50,000 (Basic) – $300
- $100,000 (Advanced) – $550
- $200,000 (Superior) – $1,100
>> With competitive scaling opportunities, you can also increase your initial $50K capital all the way up to 200K+ funded accounts.
To select a prop firm for 50K funded challenges, you should also evaluate available asset classes, leverage, and profit ratios. Indeed, select a trusted prop trading firm with $50K+ challenge accounts.
Establish A Comprehensive Trading Strategy
Next, establish a comprehensive trading strategy for the 1-step $50K prop firm funded account challenge. A well-strategized trading plan is necessary to successfully complete a funding evaluation – especially for 1-step challenge accounts. Ideally, your trading plan should include a detailed strategy, risk tolerance parameters, and stop-loss orders. In addition, practice chart analysis to recognize potential trading signals during the challenge phase.
Follow these guidelines to develop a strong trading strategy for Funding Traders’ one-step 50K prop firm challenge account:
- Set manual stop-loss orders to protect trading capital – even during the most volatile market conditions
- To maintain consistent position sizing, do not risk over 2% on each trade.
- Take advantage of risk-focused Expert Advisors to automate your trading decisions
To pass the 1-step $50K funded account challenge, you should develop a comprehensive trading strategy.
Analyze Max/Daily Drawdowns For 1-Phase Evaluations
Now, analyze max/daily drawdown on 1-phase 50K funded account prop firm evaluations. For a single trading day, your daily drawdown should not exceed 4% of the initial 50K challenge account balance. Typically, these daily drawdown limits automatically reset every day. To avoid breaching drawdown limits, you should avoid executing trades during this resetting window.
>> With Funding Traders, you can take advantage of a trailing 5% maximum drawdown limit that continues to increase as you earn bigger profits.
Similarly you should also maintain a maximum drawdown of 5% on your $50,000 challenge account. This maximum drawdown limit requires all traders to keep the overall account balance above 95% of the initial capital. Before passing 1-step 50K funded account challenges, clearly understand the prop firm’s maximum/daily drawdown limits.
Start The Challenge Trading Phase
Now, start the 1-step $50K funded account challenge trading phase with the top prop firm. Once you start the challenge, your discipline to stay within the prop firm rules will determine your success rate. Even the most seasoned traders may experience stress, nervousness, and emotional-biasness when meeting profit targets on a 1-step challenge.
Join Funding Traders’ online communities to connect with experienced traders and employ a stress-coping mechanism.
- Join Funding Traders On Discord
- Join Funding Traders On Telegram
- Join Funding Traders On Reddit
- Join Funding Traders Online
To stay consistently disciplined, you should take regular breaks to alleviate the evaluation pressure. Plus, stick to your proven trading strategy throughout the challenge phase. Of course, you may also adjust this initial trading plan – based on current performance. Indeed, start the challenge phase and stick to prop firm evaluation guidelines to secure a $50K funded trading account.
Claim Your First On-Demand Payout In 7-Days
Finally, claim your first on-demand payout in seven days after successfully passing the 1-step 50K funded account prop firm challenge. If you comply with the prop firm’s trading rules, you can request a payout for an 80% profit split after 14 days. At Funding Traders, subsequent payouts are frequently processed biweekly. As a result, you can withdraw your payouts 14 days after the first profitable trade on your $50K funded trading account.
>> In addition, traders can also sign up for exclusive add-ons to receive faster weekly payouts – with unique opportunities to earn up to 100% profit splits.
Definitely, pass the 1-step $50K funded account challenge to claim your first fast prop firm payout in seven days.
Follow these steps to pass a 1-step 50K funded account prop firm challenge with the best prop firms. First, select a reputable prop firm that accepts US clients and offers $50K funded accounts with one-phase evaluations. Next, develop a comprehensive trading strategy that includes stop loss parameters, risk management guidelines, and profit targets. Now, start the challenge phase and carefully maintain drawdown limits to avoid breaching 50K evaluation rules. Once you pass the funded account challenge, receive faster weekly payouts. Ready to start trading with one of the most legitimate prop firms? Click here to sign up for a 1-step $50,000 prop firm challenge.
