What’s The Easiest Prop Firm To Pass? Try These Challenges - FundingTraders Blog (2024)

Looking for the easiest prop firm to pass? Try these unique challenges to get funded for forex trading. Prop firms have become increasingly popular – with retail traders looking for profitable opportunities in forex. Keep in mind, the easiest prop firms are not always reliable, primarily due to lower profit splits, strict trading rules, and poor payout cycles. While these prop firms may provide a funded account without evaluation, traders may not receive fair & competitive trading conditions.

Instead, join the best FX prop firms – who utilize challenges to fund skilled, profitable, and experienced traders. These prop firm evaluations are straightforward to complete for traders with competitive skills. Of course, traders with strong risk management tactics, unique strategies, and a disciplined approach will also excel in these challenges.

As an experienced forex trader yourself, consider these straightforward prop firm challenges to get funded for forex trading. Funding Traders offers a variety of challenges with transparent rules, easier conditions, and realistic goals. In addition, our one and two-step evaluations feature:

  • Zero Commission
  • Support for Weekend/Overnight Holding
  • No Minimum Trading Days
  • News/Copy Trading Supported
  • EA/Bot Support On Challenge Accounts

Read on to learn more about the easiest prop firm challenges to pass for a funded account.

Small Funded Account Challenges

Start off with a small funded account challenge from the easiest forex prop firm. In the beginning, you may be tempted to dive right into a larger evaluation – and maximize prop firm funding. Of course, it is highly advised to start off with a smaller, more manageable challenge – especially for beginner forex traders.

These easier prop firm evaluations give you time to get familiar with the drawdown limits, rules, and profit targets. With more familiarity with the requirements, you’ll improve your skills and become more confident in your forex trading abilities. Additionally, smaller challenges empower you to learn from potential mistakes – without risking significant capital in the process.

> At Funding Traders, you can start with a small $5,000 or $10,000 account challenge to get funded.

After passing a smaller account challenge, continue to leverage forex prop firm scaling plans to increase your capital – all the way up to $2M. Certainly, try small-funded account evaluations from the easiest prop firm.

No Time Limit Prop Firm Challenges

In addition, some of the easiest prop firms offer no time-limit funding challenges. In these evaluations, you’re still required to meet profit targets and sustain minimal losses. However, there are no rigid time restrictions – providing you with a flexible, indefinite trading period.

Trade without overwhelming time pressures to achieve your desired targets. Of course, some of these easier prop firm challenges still require minimum trading days – requiring you to prove your skills over a period of time.

> With Funding Traders, take advantage of the no-time limit rule across a wide range of challenge accounts.

This way, you can avoid rushing to impulsive decisions without a thorough analysis of each trade. Plus, the no-time limit prop firms eliminate psychological factors – including anxiety, frustration, and fear.

Surely, try a no-time-limit challenge with the easiest forex prop trading firms.

One-Step Prop Firm Challenges

Try one-step funding challenges from the easiest prop firms. These challenges are ideal for traders that can confidently meet consistent profit targets – while following stringent risk management guidelines.

The single-phase evaluation reduces the time to complete the challenge and get a funded account. Of course, you can still take as much time to meet the required profit targets. To successfully pass the one-step challenge easily, avoid any malicious practices restricted by your prop firm.

Meet Funding Traders’ one-step evaluation rules to effectively manage risks and pass the challenge:

  • Reach a 10% profit target in relation to your starting account balance
  • Maintain a 5% maximum loss on the initial account balance (trailing)
  • Keep the risk per trade below 2%

During the 1-step prop firm challenges, many traders may prefer EAs/bots. While Funding Traders supports EAs/bots, you should avoid off-the-shelf EAs marketed to complete prop firm evaluations. Instead, traders are encouraged to rely on EAs with strong risk management to streamline their trading strategies during a 1-step challenge. Definitely, consider challenges with the easiest prop firms to get funded.

Two-Step Prop Firm Challenges

Next, you can also select a two-step evaluation with the easiest prop firm for forex funding. These challenges include two evaluation stages to test a trader’s skills in realistic conditions. Typically, prop firms use two separate evaluations to fund disciplined, skilled, and profitable traders – looking to work in a risk-controlled environment.

During the first stage, you are required to maintain predefined profit targets, drawdown limits, and maximum loss on the initial account balance. In the second stage, you move on to the verification challenge – designed to evaluate your consistency during changing market conditions. Typically, the verification stage requires a comparatively smaller profit target to complete the challenge.

For easy onboarding, Funding Traders offers realistic evaluation milestones with the two-step challenge account.

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): 5%
  • Daily Drawdown: 5%
  • Maximum Drawdown: 4% (Static)

>Leverage the no-time limit rule to complete both evaluation stages without any time restrictions.

Definitely, sign up for the easiest two-step prop firm evaluation to get a funded account.

Elite Funded Account Challenges

Complete the exclusively available elite-funded account challenges from the easiest prop firms. These groundbreaking challenge accounts are available for serious traders – ready to prove their profitability on a bigger account. The $1 million Elite-funded accounts stand out as a unique opportunity to showcase advanced trading skills. To pass the challenge, traders must follow the minimum & maximum trading days limit. Plus, you must implement sound risk management strategies and stop loss parameters for consistent progress toward profit targets.

Funding Traders’ Elite account challenges start with a one-on-one consultation with our ex-Wall Street trader, CEO. During this initial incubation period, you can learn about the challenge account, trading objectives, and other institutional-level opportunities.

Choose between a 1-step or 2-step evaluation process and meet these milestones to complete the $1 million elite-funded account challenge.

2-Step

  • Profit Target (Phase 1): 10%
  • Profit Target (Phase 2): 5%
  • Max. Daily Loss: 5%
  • Max. Overall Loss: 10%
  • Min. Trades: 20 for swing traders / 50 for day traders / 100 for scalpers
  • Min. Trading Period: 2 months
  • Max. Trading Period: 6 months

1-Step

  • Profit Target: 10%
  • Max. Daily Loss: 4%
  • Max. Overall Loss: 5%
  • Min. Trades: 20 for swing traders / 50 for day traders / 100 for scalpers
  • Min. Trading Period: 2 months
  • Max. Trading Period: 6 months

>Upon meeting the consistent profit targets, you can also scale your Elite account to a $2 Million funded capital account.

Manage your position sizes effectively to manage a substantial $1 million challenge account. A structured position scaling plan may help progress gradually, meet profit targets, and limit risk per trade – making it easier to complete the challenge. Plus, you must monitor your performance and optimize trading strategies to increase your chances of completing the evaluation. Definitely, try the Elite $1M challenges from the easiest forex prop firms.

Find the easiest prop firm challenges to pass for forex trading. Start your trading journey with small challenge accounts for more manageable, realistic, and easier profit targets. The best prop firms offer no-time limit evaluation rules to help traders achieve challenge milestones in an indefinite time.

Based on your risk tolerance and trading goals, you can also select between 1-step and 2-step prop firm challenges – with varying profit targets. Or, apply for $1 million funded account challenge to get funded with a bigger funded account for forex trading.

Ready to start your trading journey? Click here to join the easiest prop firm challenge to pass for forex trading.

What’s The Easiest Prop Firm To Pass? Try These Challenges - FundingTraders Blog (2024)

FAQs

Which prop firm is the easiest to pass? ›

Apex Trader Funding is the best futures prop trading firm on this list for a variety of reasons, but most notably because it boasts the highest pass rate for its evaluation program out of all the futures prop firms on this list. It is also by far the most friendly option for beginner futures traders.

How to pass prop firm challenge fast? ›

Tips for Passing a Prop Firm Trading Challenge
  1. Understand the Rules of Engagement: ...
  2. Master Your Trading Strategy: ...
  3. Risk Management is Non-Negotiable: ...
  4. Leverage Your Analytical Skills: ...
  5. Stay Disciplined and Patient: ...
  6. Continuous Learning is the Key: ...
  7. Embrace Feedback and Adapt: ...
  8. Simulate Real Trading Conditions:
Feb 5, 2024

What percent of people pass prop firm challenges? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

How long does it take to pass the funded account challenge? ›

There is no time limit within which you need to pass the Profit Target, the Trading Period is indefinite. As soon as all the Trading Objectives of your FTMO Challenge are met and your results are reviewed, you can proceed to the Verification phase. The minimum time to complete an FTMO Challenge is 4 trading days.

Which prop firm offers instant funding? ›

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

What is the best funding prop firm? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • The 5%ers.
  • Funded Next.
  • Funded Trading Plus.

How to pass funding challenges? ›

Consistency and patience are the key to success in a funded account challenge. Rather than aiming for big wins, focus on making consistent profits over time. Be patient and disciplined in your trading, avoiding impulsive decisions that can lead to losses.

Is it difficult to pass the prop firm challenge? ›

Becoming a funded trader in prop firms is not an easy task. Prop trading firms only want the best traders who can bring about the best returns under a very short loss leash. In other words, not only do you have to achieve profit, you have to make a profit consistently.

What are the odds of passing the prop firm challenge? ›

With the Prop Firm challenges, it's not just about failing or winning. You must be profitable and fulfill certain trading objectives which makes it even harder. Less than 1% of traders who attempt the challenge pass and get funded.

How many people fail funded challenges? ›

According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.

How many people fail FTMo? ›

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place. A trader doesnt know when a winning streak might occur, or when they may take a string of drawdowns.

What is the success rate of funded traders? ›

Statistics on Funded Trading Payouts and the 1% Myth

While trading is no cakewalk, the actual success rate might be closer to 5%. So, it's not quite as exclusive as you might have thought. For instance, the average payout for funded trading with The Funded Trader (TFT) is around $7,000.

Why is FTMO banned in the US? ›

FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

What is the maximum daily loss at FTMO? ›

At FTMO, we understand that market conditions might vary and that's why we offer our traders a generous 10% Maximum Loss buffer and 5% Maximum Daily Loss. These conditions are in a ratio of 1:1 (loss to profit), which is the top industry standard.

How much is the FTMO 200k challenge? ›

In conclusion, the FTMO 200k account price is $485, which covers the one-time fee for the Challenge and Verification stages. Traders must also deposit a minimum of $5,000 to start trading the $200,000 account.

How hard is it to pass prop firm? ›

With the Prop Firm challenges, it's not just about failing or winning. You must be profitable and fulfill certain trading objectives which makes it even harder. Less than 1% of traders who attempt the challenge pass and get funded.

Which prop firm has the quickest payout? ›

Who offers the quickest payouts among prop trading firms? FunderPro stands out for its rapid payouts in the prop trading industry. With some competitors taking weeks to process payouts, FunderPro prioritizes swift transactions, ensuring traders receive their earnings promptly.

Which prop firm has the tightest spreads? ›

Audacity Capital is one of the oldest Forex prop firms with tight spreads which allows traders to speculate on diverse markets and provides low-cost funding accounts.

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