Forex / CFD prop trading · Evaluation accounts · Source review:

MT5 traders who want a cheap 1-step entry from $49, raw spreads, no time limits, and permission to trade news. You need MT4, cTrader, or TradingView, want to copy trade between accounts, or want a firm with more than a handful of Trustpilot reviews behind its payouts.

Affiliate links may pay us a commission. Check current eligibility, agreement and checkout before paying.

Visit 2Funded

Enter at checkout.

Best for

  • MT5 traders who want a cheap 1-step entry from $49, raw spreads, no time limits, and permission to trade news.

Avoid if

  • You need MT4, cTrader, or TradingView, want to copy trade between accounts, or want a firm with more than a handful of Trustpilot reviews behind its payouts.
Account Sizes
$5K to $200K
Phase 1 Target
8% (2-step)
Phase 2 Target
5%
Max Drawdown
6% / 10%
Daily Loss Limit
4%
Profit Split
80%
Min. Trading Days
5 (1-step)
Platform
MT5

Rating breakdown

Six areas behind our 6.0 / 10 verdict.

Challenge Rules6.8
Payouts5.4
Cost6.5
Platform5.9
Support6.3
Transparency5.0

Editorial category assessment weighted 20% rules, 20% payouts, 20% cost, 15% platform, 10% support, 15% transparency; arithmetic rounded to one decimal. How we review firms

Plans & pricing

Evaluation fee, not an account deposit. Listed prices are before promotions unless stated. Check the current contract and checkout.

1-Step

$49 listed fee

From $5K account
$49

Copy trading banned; news permissions conflict with restricted-window terms.

2-Step

$47 listed fee

From $5K account
$47

80% trader split.

Instant

$77 listed fee

From $5K account
$77

70% split; 6–100 lot limit by size.

Account rules

Profit target
9%
Daily loss
4% equity; reset 21:59 UTC
Maximum drawdown
6% initial balance
Consistency & days
5 minimum days

Copy trading banned; news permissions conflict with restricted-window terms.

Trading conditions, eligibility & operator
1-Step Challenge Rules · Evaluation type
One-step
1-Step Challenge Rules · Profit target
9%
1-Step Challenge Rules · Time limit
None
1-Step Challenge Rules · Min. trading days
5 days
1-Step Challenge Rules · Max drawdown
6% from initial balance
1-Step Challenge Rules · Daily loss limit
4% (equity-based, resets daily at 21:59 UTC)
1-Step Challenge Rules · News trading
Allowed
1-Step Challenge Rules · Overnight / weekend
Allowed
1-Step Challenge Rules · Copy trading
Banned
1-Step Challenge Rules · Funded profit split
80%
2-Step Challenge Rules · Evaluation type
Two-step (Phase 1 + Phase 2)
2-Step Challenge Rules · Phase 1 profit target
8%
2-Step Challenge Rules · Phase 2 profit target
5%
2-Step Challenge Rules · Time limit
None
2-Step Challenge Rules · Min. trading days
3 days per phase
2-Step Challenge Rules · Max drawdown
10% static from initial balance
2-Step Challenge Rules · Daily loss limit
4% (balance-based, resets daily at 21:59 UTC)
2-Step Challenge Rules · News trading
Allowed
2-Step Challenge Rules · Overnight / weekend
Allowed
2-Step Challenge Rules · Copy trading
Banned
2-Step Challenge Rules · Funded profit split
80%
Instant Challenge Rules · Evaluation type
Instant funding (no profit target)
Instant Challenge Rules · Profit target
None
Instant Challenge Rules · Time limit
None
Instant Challenge Rules · Min. trading days
4 days before withdrawal eligibility
Instant Challenge Rules · Max drawdown
6% equity-based trailing (moves up, never down)
Instant Challenge Rules · Daily loss limit
3% (equity-based trailing, resets daily at 21:59 UTC)
Instant Challenge Rules · News trading
Allowed
Instant Challenge Rules · Overnight / weekend
Allowed
Instant Challenge Rules · Copy trading
Banned
Instant Challenge Rules · Funded profit split
70%
Instant Challenge Rules · Max lot size
6–100 lots depending on account size
Trading Conditions · Platform
MetaTrader 5 (MT5) only
Trading Conditions · Instruments
Forex / CFD
Trading Conditions · Leverage
Up to 1:50
Trading Conditions · Spreads
Raw spreads, no markup added
Trading Conditions · News trading
Allowed, but the T&Cs ban trading in restricted news windows
Trading Conditions · High-frequency bots
Banned
Trading Conditions · Overnight / weekend holding
Allowed on all challenge types
Trading Conditions · Copy / mirror trading
Banned
Trading Conditions · Hedging across accounts
Banned
Trading Conditions · Inactivity rule
Account closed after 30 days without a trade
Trading Conditions · Max total funding
$300,000 per trader

Payout policy & conditions

First payout
On request once qualifying conditions met
Default cycle
No fixed window; on-demand withdrawal requests
Profit split (1-step / 2-step)
80% to trader
Profit split (Instant)
70% to trader
KYC required
Yes, identity verification before first withdrawal
Payout guarantee claim
Stated, but Trustpilot reviews report refusals citing risk patterns

Evidence & company

News rule conflict

Marketing allows news trading; terms ban restricted-window news trades. Obtain current window before trading.

Payout discretion

Trustpilot reviews report payout refusals citing risk patterns. On-demand requests still require qualifying conditions and KYC; payment is not guaranteed.

Sources

Compare alternatives

Frequently asked questions

News rule conflict?

Marketing allows news trading; terms ban restricted-window news trades. Obtain current window before trading.

Payout discretion?

Trustpilot reviews report payout refusals citing risk patterns. On-demand requests still require qualifying conditions and KYC; payment is not guaranteed.

Which discount code is listed?

FT15: enter at checkout.

Before you choose 2Funded

Match the loss limits, payout conditions and eligibility to how you trade. Read the firm’s current agreement before paying.

Enter at checkout.

Visit 2Funded

Independent editorial review. Affiliate links may pay us a commission, not a better score. Prop trading involves risk; evaluation fees can be lost. Not financial advice.