Top 2-Step Prop Firm Challenges
Traditional 2-phase prop trading challenges with proven evaluation structures. Compare leading firms and earn cashback.
113 challenges from 10 vetted firms · entry from $19 · accounts $2K–$400K · average first-phase target 8.3% · best profit split 100%
Key Considerations
- Each phase target is listed per challenge below — phase 2 is almost always the easier of the two
- Total evaluation time is longer but less pressured with two separate milestones
- Some firms offer static drawdown on 2-step (more forgiving than trailing)
- Look for firms with unlimited time on both phases for maximum flexibility
Two-step challenges remain the gold standard in proprietary trading evaluation. These programs require traders to successfully complete two phases - typically Phase 1 and Phase 2 - before receiving a funded account. While the process takes longer than 1-step alternatives, many traders prefer the structured approach and often lower profit targets per phase.
The two-phase structure allows prop firms to better assess consistent trading performance over extended periods. Phase 1 usually focuses on profit targets and basic risk management, while Phase 2 emphasizes consistency and drawdown management.
Our comparison includes all major 2-step prop firms, their specific phase requirements, trading rules, and profit split structures. Don't forget - when you sign up through our links, you'll earn valuable cashback on your challenge fee, making your path to funding more affordable.
All firms in this category listed on PropFirmScan include a guaranteed 2% cashback — your built-in discount even when no promo code is available. If a firm does offer a discount code, your cashback stacks on top for double savings. Learn how cashback works →
113 2-step challenges across 10 firms
Every fee below is the live challenge price. The cashback column shows what you actually pay after your 2% rebate.

12 matching challenges · $5K–$200K accounts · from $32.99 · up to 80% split
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5 matching challenges · $10K–$200K accounts · from $170 · up to 80% split
| Challenge | Size | Fee | After 2% cashback | Targets | Daily DD | Max DD | Split |
|---|---|---|---|---|---|---|---|
| 2-Step $10K Challenge Cheapest | $10K | $170 | $166.6 | 10% → 5% | 5% | 10% | 80% |
| 2-Step $25K Challenge | $25K | $275 | $269.5 | 10% → 5% | 5% | 10% | 80% |
| 2-Step $50K Challenge | $50K | $379 | $371.42 | 10% → 5% | 5% | 10% | 80% |
| 2-Step $100K Challenge | $100K | $594 | $582.12 | 10% → 5% | 5% | 10% | 80% |
| 2-Step $200K Challenge | $200K | $1,188 | $1,164.24 | 10% → 5% | 5% | 10% | 80% |
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10 matching challenges · $2.5K–$250K accounts · from $22 · up to 80% split
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14 matching challenges · $5K–$400K accounts · from $59 · up to 100% split
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10 matching challenges · $5K–$100K accounts · from $29 · up to 80% split
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6 matching challenges · $2K–$100K accounts · from $19 · up to 80% split
| Challenge | Size | Fee | After 2% cashback | Targets | Daily DD | Max DD | Split |
|---|---|---|---|---|---|---|---|
| 2-Step $2K Cheapest | $2K | $19 | $18.62 | 8% → 5% | 4% | 8% | 80% |
| 2-Step $5K | $5K | $22 | $21.56 | 8% → 5% | 4% | 8% | 80% |
| 2-Step $10K | $10K | $44 | $43.12 | 8% → 5% | 4% | 8% | 80% |
| 2-Step $20K | $20K | $88 | $86.24 | 8% → 5% | 4% | 8% | 80% |
| 2-Step $50K | $50K | $220 | $215.6 | 8% → 5% | 4% | 8% | 80% |
| 2-Step $100K | $100K | $440 | $431.2 | 8% → 5% | 4% | 8% | 80% |
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Alpha Capital Group
6.8/1024 matching challenges · $5K–$200K accounts · from $40 · up to 80% split
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Audacity Capital
6.8/107 matching challenges · $5K–$240K accounts · from $49 · up to 75% split
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Blue Guardian
6.2/1020 matching challenges · $5K–$200K accounts · from $36 · up to 85% split
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5 matching challenges · $5K–$100K accounts · from $50 · up to 80% split
| Challenge | Size | Fee | After 0% cashback | Targets | Daily DD | Max DD | Split |
|---|---|---|---|---|---|---|---|
| 2-Step $5K Challenge Cheapest | $5K | $50 | $50 | 8% → 5% | 5% | 8% | 80% |
| 2-Step $10K Challenge | $10K | $100 | $100 | 8% → 5% | 5% | 8% | 80% |
| 2-Step $25K Challenge | $25K | $200 | $200 | 8% → 5% | 5% | 8% | 80% |
| 2-Step $50K Challenge | $50K | $300 | $300 | 8% → 5% | 5% | 8% | 80% |
| 2-Step $100K Challenge | $100K | $500 | $500 | 8% → 5% | 5% | 8% | 80% |
Swipe the table sideways to see drawdown and split columns.