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One-Step Challenge

Definition

An evaluation with a single phase — pass one profit target to get funded.

How It Works

One-step (or single-phase) challenges require traders to hit one profit target while respecting drawdown limits. Compared to two-step challenges, they're faster to complete but often have higher profit targets (e.g., 10% vs 8%) or stricter rules.

One-step programs are popular with experienced traders who want to get funded quickly. The trade-off is usually a slightly higher entry fee or lower profit split compared to the two-step equivalent at the same firm.

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