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5 CHALLENGE FORMATS

Prop Firms by Challenge Type

Browse 139+ verified prop trading firms by how their evaluation is structured - one phase, two phases, three phases, or a monthly subscription. The format decides how fast, and how hard, it is to get funded.

The number of evaluation phases shapes your whole path to funding: a 1-step challenge is the fastest single-target route, a 2-step is the classic lower-fee format, a 3-step tests sustained consistency, and a subscription swaps the upfront fee for a monthly cost. Instant-funding firms skip the challenge entirely - we track those on a dedicated page, linked below. Every count comes from the firms verified challenge data. Tap any format to see the ranked firms, the cheapest challenge, and active promo codes.

Need a different cut of the data?

Browse by account size, profit split, product category (futures, forex, crypto), or run the Find Your Firm quiz.