Here are the key differences between a Challenge Account and a Prop Number One Funded Account:

Prop Number One Founded Accounts: Traders can profit share up to 100% as they progress through the Prop Number One Phase.

For example, in a Challenge 2-Step Account, a trader starts with a 0% profit share.

Upon reaching the Founded Phase, the profit share increases to 100%.

Challenge Accounts: These have a profit target during the Challenge Phase.

For example, in the 2-step Model, traders must reach a profit target of 5% in Phase 1 and 8% in Phase 2.

Funded Accounts: There is no profit target.

For example, in the Prop Number One Funded Phase, traders are not required to meet any profit target.