Here are the key differences between 1 step, 2 step and Instant Funded Accounts
Overview | 1 Step Account | 2 Step Account | Instant funding |
Profit Target | Phase 1: 10% | P1: 8% , P2: 5% | ❌ |
Daily Drawdown | 4% | 5% | ❌ |
Daily Drawdown Type | Balance or Equity at 5pm EST (Based on the Highest value) | Balance or Equity at 5pm EST (Based on the Highest value) |
❌ |
Max Drawdown | 7% | 10% | 6% |
Max Drawdown Type | Trailing (Locks at starting balance after payout) |
Static | Trailing (Locks at starting balance after payout) |
Leverage | up to 1:10 | up to 1:30 | up to 1:10 |
Minimum Trading days | 3 (0.5% profits/day) | ❌ | ❌ |
Consistency | ❌ | P1 and P2: 50% | Funded: 30% | 20% ($5k - $100k accounts) | |
Profit Split | 75/25 standard, up to 90/10 | 80/20 standard, up to 90/10 | Initial at 60%, increasing by 10% per payout, up to 90%. |
Payout Frequency | Every 30 days | 14 days (with bi-weekly add-on after first payout) | Every 14 days | | Every 30-days | |
Weekend Holding | Allowed | Allowed | Allowed (with weekend holding add-on) |
Overnight Holding | Allowed | Allowed | Allowed |
News Trading (Challenge) | Allowed | Allowed | - |
News Trading (Funded) | ❌ | ❌ | ❌ |
EA's Allowed | Only During Challenge | Only During Challenge | ❌ |
Available Platforms Based on Your Account Size