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Strategy

1-Step vs 2-Step Challenges: Which Is Cheaper Overall?

propfirm.coupons team6 min read

1-step is faster but usually has tighter drawdown. We break down the maths on pass rates and cost per funded account.

The trade-off

1-step evaluations typically have a 10% target and 6–8% drawdown. 2-step programs split the target (8% + 5%) but usually allow 10% total loss. The extra room is often worth the extra phase for discretionary traders.

Cost per funded account

If your pass rate on a 2-step is 30% at $500 and on a 1-step is 20% at $450, your expected cost per funded account is $1,667 vs $2,250. Run the numbers on your own stats before choosing.