Forex prop firms with 2-step challenges
A two-step challenge splits the evaluation into two phases. You reach a profit target in the first phase, then a usually smaller target in the second, staying within the loss limits throughout. It is a common format among forex and CFD firms, and every program listed here uses it.
129 accounts from 9 firms. Checked on or before 25 October 2026.
| Program | Target | Daily loss | Max loss | Details | |||||
|---|---|---|---|---|---|---|---|---|---|
| The5ers | High Stakes (New)2-step | $2.5K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | $19 | Details |
| Maven | Standard 2-Step2-step | $2K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $19 | Details |
| Maven | Omo 2-Step2-step | $2K | 6% / 8% | 4% | 8% | 1.75 | 80% to 90% | $19 | Details |
| AquaFunded | 2 Step Pro2-step | $5K | 10% / 5% | 5% | 10% | 1.50 | 90% to 100% | $20 | Details |
| The5ers | High Stakes (Classic)2-step | $2.5K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $22 | Details |
| Maven | Standard 2-Step2-step | $5K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $22 | Details |
| Alpha Capital | Alpha Pro 6%2-step | $5K | 6% / 6% | 3% | 6% | 2.00 | 80% to 90% | $27 | Details |
| AquaFunded | 2 Step Elite2-step | $5K | 8% / 5% | 4% | 12% | 1.08 | 90% to 100% | $28 | Details |
| FundingPips | 2 Step Pro2-step | $5K | 6% / 6% | 3% | 6% | 2.00 | 80% to 100% | $29 | Details |
| AquaFunded | 2 Step Standard2-step | $5K | 8% / 5% | 5% | 8% | 1.63 | 90% to 100% | $30.15 | Details |
| Blue Guardian | 2 Step Standard2-step | $5K | 8% / 4% | 4% | 8% | 1.50 | 85% to 90% | $32 | Details |
| Maven | Omo 2-Step2-step | $5K | 6% / 8% | 4% | 8% | 1.75 | 80% to 90% | $32 | Details |
| FundedNext | Stellar Lite2-step | $5K | 8% / 4% | 4% | 8% | 1.50 | 80% to 95% | $32.99 | Details |
| Alpha Capital | Alpha Pro 10%2-step | $5K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | $33 | Details |
| The5ers | High Stakes (New)2-step | $5K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | $35 | Details |
| FundingPips | 2 Step Flex2-step | $5K | 10% / 8% | 4% | 12% | 1.50 | 80% to 100% | $35 | Details |
| Alpha Capital | Alpha Pro 8%2-step | $5K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $37 | Details |
| The5ers | High Stakes (Classic)2-step | $5K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $39 | Details |
| FundingPips | 2 Step Standard2-step | $5K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $39 | Details |
| AquaFunded | 2 Step Pro2-step | $10K | 10% / 5% | 5% | 10% | 1.50 | 90% to 100% | $39.20 | Details |
| Maven | Standard 2-Step2-step | $10K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $44 | Details |
| Alpha Capital | Alpha Pro 6%2-step | $10K | 6% / 6% | 3% | 6% | 2.00 | 80% to 90% | $47 | Details |
| BrightFunded | 2-Step Bright2-step | €5K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | €47 | Details |
| BrightFunded | 2-Step Classic2-step | €5K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | €49 | Details |
| AquaFunded | 2 Step Elite2-step | $10K | 8% / 5% | 4% | 12% | 1.08 | 90% to 100% | $53.85 | Details |
| FundingPips | 2 Step Pro2-step | $10K | 6% / 6% | 3% | 6% | 2.00 | 80% to 100% | $55 | Details |
| Alpha Capital | Alpha Pro 8%2-step | $10K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $57 | Details |
| FundedNext | Stellar 2-Step2-step | $6K | 8% / 5% | 5% | 10% | 1.30 | 80% to 95% | $59.99 | Details |
| FundedNext | Stellar Lite2-step | $10K | 8% / 4% | 4% | 8% | 1.50 | 80% to 95% | $59.99 | Details |
| Maven | Omo 2-Step2-step | $10K | 6% / 8% | 4% | 8% | 1.75 | 80% to 90% | $62 | Details |
| FundingPips | 2 Step Flex2-step | $10K | 10% / 8% | 4% | 12% | 1.50 | 80% to 100% | $64 | Details |
| Blue Guardian | 2 Step Nano2-step | $25K | 8% / 5% | 3% | 10% | 1.30 | 80% to 100% | $66.66 | Details |
| The5ers | High Stakes (New)2-step | $10K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | $69 | Details |
| Alpha Capital | Alpha Swing2-step | $5K | 10% / 5% | 5% | 10% | 1.50 | 80% | $70 | Details |
| AquaFunded | 2 Step Pro2-step | $25K | 10% / 5% | 5% | 10% | 1.50 | 90% to 100% | $71.20 | Details |
| FundingPips | 2 Step Standard2-step | $10K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $72 | Details |
| Blue Guardian | 2 Step Standard2-step | $10K | 8% / 4% | 4% | 8% | 1.50 | 85% to 90% | $75 | Details |
| AquaFunded | 2 Step Standard2-step | $10K | 8% / 5% | 5% | 8% | 1.63 | 90% to 100% | $76.46 | Details |
| Alpha Capital | Alpha Pro 10%2-step | $10K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | $77 | Details |
| The5ers | High Stakes (Classic)2-step | $10K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $78 | Details |
| Maven | Standard 2-Step2-step | $20K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $88 | Details |
| BrightFunded | 2-Step Bright2-step | €10K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | €87 | Details |
| FTMO | 2-Step2-step | $10K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €89 | Details |
| FTMO | 2-Step Swing2-step | $10K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €89 | Details |
| BrightFunded | 2-Step Classic2-step | €10K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | €97 | Details |
| AquaFunded | 2 Step Elite2-step | $25K | 8% / 5% | 4% | 12% | 1.08 | 90% to 100% | $110.93 | Details |
| Alpha Capital | Alpha Pro 6%2-step | $25K | 6% / 6% | 3% | 6% | 2.00 | 80% to 90% | $117 | Details |
| FundedNext | Stellar 2-Step2-step | $15K | 8% / 5% | 5% | 10% | 1.30 | 80% to 95% | $119.99 | Details |
| Maven | Omo 2-Step2-step | $20K | 6% / 8% | 4% | 8% | 1.75 | 80% to 90% | $122 | Details |
| Blue Guardian | 2 Step Nano2-step | $50K | 8% / 5% | 3% | 10% | 1.30 | 80% to 100% | $127 | Details |
| FundedNext | Stellar Lite2-step | $25K | 8% / 4% | 4% | 8% | 1.50 | 80% to 95% | $139.99 | Details |
| AquaFunded | 2 Step Standard2-step | $25K | 8% / 5% | 5% | 8% | 1.63 | 90% to 100% | $142.15 | Details |
| AquaFunded | 2 Step Pro2-step | $50K | 10% / 5% | 5% | 10% | 1.50 | 90% to 100% | $143.20 | Details |
| FundingPips | 2 Step Pro2-step | $25K | 6% / 6% | 3% | 6% | 2.00 | 80% to 100% | $145 | Details |
| Alpha Capital | Alpha Swing2-step | $10K | 10% / 5% | 5% | 10% | 1.50 | 80% | $147 | Details |
| The5ers | Summer Plan 2-Step (10/5)2-step | $100K | 10% / 5% | 3% | 10% | 1.50 | 80% | $149 | Details |
| Blue Guardian | 2 Step Standard2-step | $25K | 8% / 4% | 4% | 8% | 1.50 | 85% to 90% | $154 | Details |
| FundingPips | 2 Step Flex2-step | $25K | 10% / 8% | 4% | 12% | 1.50 | 80% to 100% | $175 | Details |
| The5ers | High Stakes (New)2-step | $25K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | $176 | Details |
| Alpha Capital | Alpha Pro 8%2-step | $25K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $177 | Details |
| Alpha Capital | Alpha Pro 10%2-step | $25K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | $177 | Details |
| The5ers | Summer Plan 2-Step (8/5)2-step | $100K | 8% / 5% | 3% | 10% | 1.30 | 80% | $179 | Details |
| The5ers | High Stakes (Classic)2-step | $25K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $195 | Details |
| FundingPips | 2 Step Standard2-step | $25K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $195 | Details |
| FundedNext | Stellar 2-Step2-step | $25K | 8% / 5% | 5% | 10% | 1.30 | 80% to 95% | $199.99 | Details |
| BrightFunded | 2-Step Bright2-step | €25K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | €187 | Details |
| BrightFunded | 2-Step Classic2-step | €25K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | €197 | Details |
| Alpha Capital | Alpha Pro 6%2-step | $50K | 6% / 6% | 3% | 6% | 2.00 | 80% to 90% | $217 | Details |
| Maven | Standard 2-Step2-step | $50K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $220 | Details |
| FundedNext | Stellar Lite2-step | $50K | 8% / 4% | 4% | 8% | 1.50 | 80% to 95% | $229.99 | Details |
| Blue Guardian | 2 Step Standard2-step | $50K | 8% / 4% | 4% | 8% | 1.50 | 85% to 90% | $232 | Details |
| AquaFunded | 2 Step Elite2-step | $50K | 8% / 5% | 4% | 12% | 1.08 | 90% to 100% | $238 | Details |
| Maven | Omo 2-Step2-step | $50K | 6% / 8% | 4% | 8% | 1.75 | 80% to 90% | $238 | Details |
| Blue Guardian | 2 Step Nano2-step | $100K | 8% / 5% | 3% | 10% | 1.30 | 80% to 100% | $239 | Details |
| Alpha Capital | Alpha Swing2-step | $25K | 10% / 5% | 5% | 10% | 1.50 | 80% | $247 | Details |
| The5ers | High Stakes (New)2-step | $50K | 10% / 5% | 4% | 8% | 1.88 | 80% to 100% | $249 | Details |
| The5ers | Summer Plan 2-Step (10/5)2-step | $200K | 10% / 5% | 3% | 10% | 1.50 | 80% | $249 | Details |
| FundingPips | 2 Step Pro2-step | $50K | 6% / 6% | 3% | 6% | 2.00 | 80% to 100% | $249 | Details |
| Alpha Capital | Alpha Pro 10%2-step | $50K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | $267 | Details |
| FTMO | 2-Step2-step | $25K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €250 | Details |
| FTMO | 2-Step Swing2-step | $25K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €250 | Details |
| The5ers | High Stakes (Classic)2-step | $50K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | $279 | Details |
| The5ers | Summer Plan 2-Step (8/5)2-step | $200K | 8% / 5% | 3% | 10% | 1.30 | 80% | $279 | Details |
| AquaFunded | 2 Step Pro2-step | $100K | 10% / 5% | 5% | 10% | 1.50 | 90% to 100% | $279.20 | Details |
| Alpha Capital | Alpha Pro 8%2-step | $50K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $297 | Details |
| FundingPips | 2 Step Flex2-step | $50K | 10% / 8% | 4% | 12% | 1.50 | 80% to 100% | $299 | Details |
| BrightFunded | 2-Step Bright2-step | €50K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | €277 | Details |
| FundedNext | Stellar 2-Step2-step | $50K | 8% / 5% | 5% | 10% | 1.30 | 80% to 95% | $299.99 | Details |
| AquaFunded | 2 Step Standard2-step | $50K | 8% / 5% | 5% | 8% | 1.63 | 90% to 100% | $300.68 | Details |
| BrightFunded | 2-Step Classic2-step | €50K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | €297 | Details |
| FundingPips | 2 Step Standard2-step | $50K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $349 | Details |
| Alpha Capital | Alpha Swing2-step | $50K | 10% / 5% | 5% | 10% | 1.50 | 80% | $357 | Details |
| FTMO | 2-Step2-step | $50K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €345 | Details |
| FTMO | 2-Step Swing2-step | $50K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €345 | Details |
| AquaFunded | 2 Step Elite2-step | $100K | 8% / 5% | 4% | 12% | 1.08 | 90% to 100% | $393.08 | Details |
| Alpha Capital | Alpha Pro 6%2-step | $100K | 6% / 6% | 3% | 6% | 2.00 | 80% to 90% | $397 | Details |
| FundedNext | Stellar Lite2-step | $100K | 8% / 4% | 4% | 8% | 1.50 | 80% to 95% | $399.99 | Details |
| The5ers | High Stakes (New)2-step | $100K | 10% / 5% | 4% | 8% | 1.88 | 80% to 100% | $405 | Details |
| Maven | Standard 2-Step2-step | $100K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $440 | Details |
| Alpha Capital | Alpha Pro 10%2-step | $100K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | $447 | Details |
| The5ers | High Stakes (Classic)2-step | $100K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | $455 | Details |
| Blue Guardian | 2 Step Nano2-step | $200K | 8% / 5% | 3% | 10% | 1.30 | 80% to 100% | $460 | Details |
| Blue Guardian | 2 Step Standard2-step | $100K | 8% / 4% | 4% | 8% | 1.50 | 85% to 90% | $463 | Details |
| FundingPips | 2 Step Pro2-step | $100K | 6% / 6% | 3% | 6% | 2.00 | 80% to 100% | $466 | Details |
| Maven | Omo 2-Step2-step | $100K | 6% / 8% | 4% | 8% | 1.75 | 80% to 90% | $472 | Details |
| AquaFunded | 2 Step Standard2-step | $100K | 8% / 5% | 5% | 8% | 1.63 | 90% to 100% | $472.98 | Details |
| BrightFunded | 2-Step Bright2-step | €100K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | €477 | Details |
| Alpha Capital | Alpha Pro 8%2-step | $100K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $527 | Details |
| BrightFunded | 2-Step Classic2-step | €100K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | €497 | Details |
| FundedNext | Stellar 2-Step2-step | $100K | 8% / 5% | 5% | 10% | 1.30 | 80% to 95% | $549.99 | Details |
| FundingPips | 2 Step Flex2-step | $100K | 10% / 8% | 4% | 12% | 1.50 | 80% to 100% | $555 | Details |
| AquaFunded | 2 Step Pro2-step | $200K | 10% / 5% | 5% | 10% | 1.50 | 90% to 100% | $559.20 | Details |
| Alpha Capital | Alpha Swing2-step | $100K | 10% / 5% | 5% | 10% | 1.50 | 80% | $577 | Details |
| FTMO | 2-Step2-step | $100K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €540 | Details |
| FTMO | 2-Step Swing2-step | $100K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €540 | Details |
| FundingPips | 2 Step Standard2-step | $100K | 8% / 5% | 5% | 10% | 1.30 | 80% to 100% | $652 | Details |
| Alpha Capital | Alpha Pro 6%2-step | $200K | 6% / 6% | 3% | 6% | 2.00 | 80% to 90% | $797 | Details |
| FundedNext | Stellar Lite2-step | $200K | 8% / 4% | 4% | 8% | 1.50 | 80% to 95% | $798.99 | Details |
| AquaFunded | 2 Step Standard2-step | $200K | 8% / 5% | 5% | 8% | 1.63 | 90% to 100% | $860.68 | Details |
| Alpha Capital | Alpha Pro 10%2-step | $200K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | $897 | Details |
| FundingPips | 2 Step Pro2-step | $200K | 6% / 6% | 3% | 6% | 2.00 | 80% to 100% | $919 | Details |
| Blue Guardian | 2 Step Standard2-step | $200K | 8% / 4% | 4% | 8% | 1.50 | 85% to 90% | $930 | Details |
| Alpha Capital | Alpha Pro 8%2-step | $200K | 8% / 5% | 4% | 8% | 1.63 | 80% to 90% | $997 | Details |
| BrightFunded | 2-Step Bright2-step | €200K | 8% / 5% | 4% | 8% | 1.63 | 80% to 100% | €947 | Details |
| BrightFunded | 2-Step Classic2-step | €200K | 10% / 5% | 5% | 10% | 1.50 | 80% to 100% | €997 | Details |
| Alpha Capital | Alpha Swing2-step | $200K | 10% / 5% | 5% | 10% | 1.50 | 80% | $1,097 | Details |
| FundedNext | Stellar 2-Step2-step | $200K | 8% / 5% | 5% | 10% | 1.30 | 80% to 95% | $1,099.99 | Details |
| FTMO | 2-Step2-step | $200K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €1,080 | Details |
| FTMO | 2-Step Swing2-step | $200K | 10% / 5% | 5% | 10% | 1.50 | 80% to 90% | €1,080 | Details |
No challenges match these filters. Pick another size or clear a filter.
How a two-step challenge works
Phase one usually has the larger profit target and phase two a smaller one, with the daily and maximum loss limits often the same in both. Passing phase one gives you a new account for phase two, and passing that leads to the funded account. Each phase may have its own minimum trading days and, on some programs, its own time limit.
Spreading the evaluation over two phases lowers the target you need in any single stretch and, on many programs, comes with a static maximum loss and a wider loss buffer than a one-step. The cost is time and a second chance to breach: a strong first phase can still be undone by a poor run in the second.
Before buying, add the two targets together and compare the total with the maximum loss, check whether the limits reset between phases, and see whether minimum trading days apply to each phase. Look at whether the fee is refunded with a payout and how long the firm takes to issue the next account after you pass a phase.
Frequently asked questions
Do the loss limits reset in phase two?
On most programs phase two starts with a new account at the original balance, with the loss limits measured from that balance again. Check the program rules, since some firms use different limits or a different daily loss calculation in the second phase.
Is a two-step challenge cheaper than a one-step?
Fees vary by firm and account size, so the evaluation type alone does not decide the price. Compare the fee for the size you want against the targets, the loss limits and any refund on each program.
How long does a two-step challenge take?
It depends on the minimum trading days in each phase and on how quickly you reach the targets. Many programs have no deadline, while others set a time limit for each phase or for both phases combined.