To ensure a successful trading journey in the 2-Step Challenge, it is essential to follow the guidelines and restrictions below.
Trading Objectives
Profit Target:
In phase 1, the target profit to pass the challenge is 8% of the starting balance.
In phase 2, the profit target is 8% of the starting balance.
Minimum Trading Days:
Traders are required to place trades on at least 5 different days during phase of the challenge.
These trading days do not need to be consecutive.
Account Violations (Hard Breach)
Maximum Daily Drawdown:
Traders may have a maximum daily drawdown of 4% of the initial account in phase 1 and 2.
To calculate your daily drawdown limit, use the following formula:
Every day at, we take a snapshot of your EOD equity.
During the next 24 hours, your equity cannot get below 4% of your equity at midnight.
When calculating the daily drawdown, please note that swap fees, commissions, and charges are included in the total.
If you exceed the daily drawdown limit, your account will be locked and marked with a "Daily Loss Limit," and you will no longer be able to trade.
Maximum Overall Drawdown:
Traders may have a maximum total drawdown of 8% of the initial account balance in phase 1 and 2.
Copy Trading:
Traders are allowed to engage in copy trading from their own accounts at Prop Number One, from other prop firms, or retail brokers.
However, copying trades from accounts not owned by the individual, including those of relatives or friends, is strictly prohibited.
IP Address:
To ensure a secure trading environment, it is recommended to use a single device with a unique IP address for trading activities.
VPN/VPS Services:
Clients may never use VPN services to access the platform.
On the other hand, VPS services are allowed. Paid VPS with dedicated IP addresses are recommended to ensure consistency and security.
EAs/Indicators:
Traders are allowed to use Expert Advisors (EAs) and indicators to support their trading strategies, provided the settings are aligned with their trading style and account type.
Prohibited Trading Strategies:
Any form of cheating or exploiting the platform is strictly forbidden and violates the Prop Number One Terms of Service (TOS).
Traders should carefully read and understand the TOS to avoid unwanted consequences.