There are several steps to pass one step funded challenge for live prop firm accounts. Notably, one-step prop firm evaluations offer a straightforward process to become a funded trader fast and earn bigger. Passing these single-step evaluations requires consistent profitability, discipline, and the ability to follow risk management criteria. Typically, prop firms offer 1-step funding evaluations for more qualified, experienced, and skilled traders looking to fast-track their journey to a funded account. As an aspiring trader yourself, get familiar with the key strategies to pass a one-step evaluation and secure direct funding prop firm accounts.
>> Funding Traders offers the most user-friendly rules, educational support, and advanced platforms to successfully complete one-step evaluation for a live trading account. Choose one-step evaluations and take advantage of:
- No-Time Limit Challenge Accounts
- Rapid Capital Scaling For Consistent Traders
- Fast Bi-Weekly/Weekly Payouts
- Up To 100% Profit Split
Read on for a complete guide to passing a 1-step challenge with prop firms to get funded as a forex trader.
Choose Account Size For 1-Step Funding
To complete a one-step funded evaluation, choose an initial prop firm account size. With 1-step evaluations, prop firms offer multiple account sizes to support all traders. Choose an account size that suits your experience, trading goals, and risk tolerance. Of course, you can always take advantage of exclusive promotional offers on one-step accounts to buy prop firm challenges for cheap. Once you select an account size, you’ll need to pay a one-time joining fee – starting from $50.
With FT, you have the liberty to choose between a variety of account sizes to pass one-step evaluation with the desired capital. Join us and purchase the cheapest prop firm account sizes, including:
- $5K Beginner | $50
- $10K Mini | $100
- $25K Starter | $200
- $50K Basic | $300
- $100,000 Advanced | $550
- $200,000 Superior | $1,100
Definitely, select an account size to begin your journey of passing a 1-step challenge with prop firms.
Develop A Risk Management Strategy
Develop a risk-focused strategy to successfully pass the 1-step funded challenge for live prop firm accounts. Many traders fail one-step evaluations due to poor risk management. Typically, you should prioritize position sizing, risk-to-reward ratio, and key prop firm rules to develop strict prop trading risk management strategies. Without consistent position sizing, you may hit multiple consecutive losses – eventually failing the 1-step evaluation.
>> At FT, you can take advantage of advanced prop firm trading courses to acquire strong risk management for single-step evaluations.
Instead, backtest your strategies to minimize risk exposure and avoid hitting drawdown limits due to random trades. Of course, fix a consistent risk per trade to achieve profit targets for one-step evaluation faster. Definitely, passing one-step funded evaluations for prop trading accounts requires strict risk management strategies.
Understand & Follow One-Step Evaluation Rules
Now, get familiar with one-step funded evaluation rules to secure a prop firm account. Typically, prop firms impose strict risk management requirements, position sizing, and minimum trading days on one-step funding challenges. Carefully understand these prop firm rules to achieve consistent success, pass the evaluation, and manage a live funded account.
With transparent rules, Funding Traders offers a straightforward process to pass a 1-step evaluation and get funded
- Overnight/Weekend Holding Allowed
- Consistent 2% Risk On Each Trade
- HFT, Arbitrage, and Martingale Strategies Are Not Allowed
- No Time Limit On Challenge Accounts
- Commission-Free One-Step Evaluations
- EAs, Bots, and Automated Trading Allowed
Avoid prohibited practices, strategies, and trading software to avoid the risks of permanent disqualification from the one-step challenge. Definitely, follow key one-step prop firm challenge rules to get funded with trading accounts.
Achieve Profit Targets On A Challenge Account
At this point, you’ll need to achieve consistent profit targets to successfully pass the one-step funded challenge. To qualify for a live forex funded account, prop firms require traders to meet pre-defined profit targets on a challenge accounts. These profit milestones test your trading skills, risk management, and discipline to manage prop firm capital.
Of course, employ your preferred trading style, strategies, and tools to achieve consistent profit targets and pass prop firm evaluation. For instance, swing trading prop firms allow traders to hold trades overnight and during the weekends to capitalize on longer price movements.
>> Whether you choose one-step or two-step funded challenges, FT provides the liberty to use your own strategies to meet required profit targets.
- Profit Target: 10%
- Maximum Drawdown: 5%
- Daily Drawdown: 4%
Definitely, meet consistent profit targets on one-step challenge accounts to get funded with prop firms.
Get Funded With Live Accounts & Competitive Payouts
Once you pass the 1-step funding challenge, you’ll receive a live trading account with competitive payouts. Even on funded accounts, you are required to follow same prop firm rules to avoid account suspensions. As you achieve profits, you can request seamless payouts through the integrated dashboard. Reputable prop firms like Funding Traders process the fastest payouts with a competitive profit split of 80-20 in your favor. By default, you’ll receive payouts after 14 days of the first profitable trade.
>> In addition, you can also buy add-ons to get paid every week with up to 100% of the earned profits.
Indeed, take advantage of competitive weekly prop firm payouts after passing one-step challenges with prop firms.
Follow the key steps to pass the one-step funded challenge for prop firm accounts. Begin your journey by choosing an initial account size for single-step funded evaluations. With MetaTrader prop firms, you can use integrated resources to develop a risk-focused strategy for the 1-step evaluation.
Of course, you’ll need to achieve consistent profit targets, avoid prohibited strategies, and follow prop trading rules to get funded. Once funded, continue managing live capital and get paid faster with the biggest prop trading firms. Follow the steps above to complete a one-step funding challenge with prop firms.
