Choosing Your Path to Success: A Guide to Prop Trading Evaluation Types

1 Phase Evaluation: The Express Path

Want to fast-track your way to funded trading? The single-phase evaluation is designed for confident, experienced traders who are ready to show their skill and want the fastest way to funded.

This path features:

• One comprehensive evaluation phase
• Higher profit targets and stricter rules
• Quick progression to funded status

Perfect For: Seasoned traders with proven strategies who can perform under pressure. If you have a track record of consistent profits and want to skip the preliminaries, this is your route.

2 Phase Evaluation: The Classic Challenge

Looking for the sweet spot between thorough evaluation and efficient progression? The two-phase approach offers the perfect balance.

Key characteristics:

• Two verification stages to prove consistency
• Moderate targets
• Lower entry costs with excellent scaling potential
• Structured progression to funded status

Perfect For: Intermediate traders who want to validate their strategies without excessive pressure. This path lets you demonstrate consistency while keeping initial costs manageable.

3 Phase Evaluation: The Strategic Build

Want to build your confidence and refine your strategy along the way? The three-phase evaluation provides the most structured path to success.

This option includes:

• Three distinct verification stages
• Gentle initial targets that progressively increase
• Focus on sustainable trading habits
• Strong emphasis on risk management

Perfect For: Developing traders who value a methodical approach. This path allows you to grow your skills and confidence while working toward larger accounts.

Making Your Choice: Key Considerations

Consider these factors when choosing your evaluation path:

Trading Experience

• 1 Phase: Suited for traders with proven track records
• 2 Phase: Ideal for those with established strategies seeking verification
• 3 Phase: Perfect for building and validating trading approaches

Risk Tolerance

• 1 Phase: Requires high confidence and stress management
• 2 Phase: Balanced risk with reasonable targets
• 3 Phase: Lower initial risk with gradual progression

Time Investment

• 1 Phase: Fastest route to funding
• 2 Phase: Moderate timeline with balanced requirements
• 3 Phase: Longest path but most supportive of development

Remember: The best path is the one that matches your current trading abilities, risk tolerance, and long-term goals. Don’t rush into a higher-pressure evaluation if you’d benefit more from a structured approach to building your skills.

Choose the path that not only matches your current abilities but also aligns with your trading psychology and career objectives. Your success in prop trading starts with selecting the right evaluation type for your journey.