One Step Evaluation Prop Firms

If you are looking to get a funded account from a proprietary trading firm, chances are that you will need to pass a trading challenge. One of the quickest ways to get funding is to choose a one-step evaluation prop firm. Here we will take a look at some of the best prop firms with one step evaluation process based on our research of all the top prop trading firms.
One Step Evaluation Prop Firms

One Step Evaluation Prop Firms

What Is A One Step Evaluation Prop Firm?

There are a few different types of prop firms that you can choose from. One of the most popular options for traders of all experience levels is the one step challenge prop firm. They have a less prolonged process compared to prop firms with a two-step evaluation process whilst they don’t give you the pressure that can come with an instant funding prop firms with no challenge.

You will just need to pass a 1 step trading challenge which gives the prop firm a way to evaluate your performance. Most prop firms will have a variety of trading challenges that you can choose from depending on your initial investment size and trading strategy. The best one step evaluation prop firms should allow most trading strategies, have realistic profit targets, reasonable drawdowns and an acceptable number of trading days.

One Step Evaluation Prop Firms

What Is A One Step Trading Challenge?

You will need to show the prop trading firm that you can meet profit objectives that they set during an allocated period of time. Aspiring prop traders will need to stay withing the trading rules and try to pass the one step evaluation process whilst showing sensible money management and consistency.

A one step evaluation gives the prop firm a chance to see how well you trade before they commit to giving you access to a funded trading account. It also gives you an opportunity to make sure that the one step prop firm provides you with the trading conditions and support that you need to reach your full potential.

One Step Evaluation Prop Firms

Our Top One Step Evaluation Prop Firms

Editor choice 1 Funded Trading Plus Review

Funded Trading Plus Review

Funded Trading Plus are a leading prop firm that fund professional traders from $12,500 up to $2,500,000 with scaling and a profit share of 80-100%. They have no minimum or maximum time limits to reach achievable targets and you can receive payout in just 3 days.
9.5
2 SurgeTrader Review

SurgeTrader Review

SurgeTrader accelerates your path to becoming a professional trader by putting real capital into live accounts for you to trade. They have a good variety of funded trader programs where you can keep up to 90% of the profits if you successfully pass the audition phase and scale up to $500K.
9
3 Lux Trading Firm Review

Lux Trading Firm Review

Lux Trading Firm is a London based prop firm offering account funding up to $200,000 and an aggressive scaling program up to $10,000,000, with profit sharing up to 75%.
8.5
4 ForexPropFirm Review

ForexPropFirm.Com Review

With ForexPropFirm.Com you can get funded up to $10,000,000 and keep between 90% to 100% of the profits whilst they cover the losses.
8.5

One Step Evaluation Prop Firms

Comparison Table of One Step Challenge Prop Firms

One Step Evaluation Prop Firms

SurgeTrader

SurgeTrader, another prop company with a one-step challenge, provides six distinct account sizes. Accounts ranging in value from $25,000 to $1,000,000 are available for a one-time cost. You must meet the 10% profit objective specified in the challenge conditions without going over the 4% daily or 5% maximum trailing drawdown limits. There are no restrictions on instruments and 0 minimum trading days. There is no required 30-day holding period like you see with some other prop firms.

Starter – $25KIntermediate – $50KSeasoned – $100KAdvanced – $250KExpert – $500KMaster – $1M
Account TypeStandardStandardStandardLargeLargeLarge
Profit Share75%75%75%75%75%75%
Profit Target (10%)$2,500$5,000$10,000$25,000$50,000$100,000
Daily Loss Limit4%4%4%4%4%4%
Max Trailing Drawdown5%5%5%5%5%5%
Audition Fee$250$400$700$1,800$3,500$6,500
SurgeTrader Pricing Plans

Once you have passed the audition phase, SurgeTrader will get you into a funded account within 24-48 hours, unlike other prop trading companies that require two business days or more to check and validate your evaluation. You can receive a 75% profit share on your profits if you complete the task successfully, which can be scaled up to 90% with add-ons.

Pros
  • Simple, straightforward trading rules
  • No minimum trading days
  • No 30-day assessment period
  • Scale up from $25K all the way to $500K
  • One-Time fee with no ongoing costs
  • No restrictions on trading strategies
  • 1 step evaluation process
  • Good choice of trading instruments
  • Trade on both MT4/MT5 platforms
  • Handy trader dashboard
  • Realistic profit target set at 10% of the total account balance
  • After passing the audition you will start trading directly on a live account, with real profits and losses taken by the company, no demo accounts
  • You will have access to a free 30-day membership with BKForex, which includes daily trading signals, tools, indicators, webinars and more
  • Quick withdrawals and no minimum or maximum amount restrictions, which can be requested at any time once a month
  • Very generous profit share that goes all the way up to 90%
  • Free trial of the audition upon request
Cons
  • A stop-loss is required for each trade
  • All positions must be closed on Friday
  • Maximum open size of 1 lot per $10,000 of the account balance
  • 5% maximum trailing drawdown
  • Low leverage 10:1, 5:1 and 2:1 ​
9
SurgeTrader Review

SurgeTrader

SurgeTrader accelerates your path to becoming a professional trader by putting real capital into live accounts for you …

One Step Evaluation Prop Firms

Funded Trading Plus

The Funded Trading Plus 1-step may be completed either by trading manually or with the aid of an expert advisor (EA). You must stay inside the 2.5% daily and 5% overall drawdown restrictions while aiming for a 10% profit. They don’t charge monthly fees since they think that forcing consumers to trade by putting time constraints leads to unwise judgements. An experienced trader will be able to complete the phases quite rapidly.

Evaluation TypeSingle PhaseSingle PhaseSingle PhaseSingle PhaseSingle Phase
Profit Split80/20 (up to 90/10)80/20 (up to 90/10)80/20 (up to 90/10)80/20 (up to 90/10)80/20 (up to 90/10)
Profit Target10%10%10%10%10%
Min. Trading DaysNoneNoneNoneNoneNone
Maximum LeverageUp to 1:30Up to 1:30Up to 1:30Up to 1:30Up to 1:30
PlatformsMT4, MT5, or TradingViewMT4, MT5, or TradingViewMT4, MT5, or TradingViewMT4, MT5, or TradingViewMT4, MT5, or TradingView
Relative Drawdown6%6%6%6%6%
Daily Drawdown3%3%3%3%3%
Account Size (USD)$12,500$25,000$50,000$100,000$200,000
Refundable Fee$119$199$349$499$999
Experienced Trader Program

When you become a funded trader, you are given 80% profit splits, which can eventually rise to 90% with their scaling plan if you are trading consistently. This prop firm also have a two-step evaluation challenge and an instant funding account with the master trader program.

Pros
  • No minimum / maximum time limits
  • Get funded and receive a payout within 3 days
  • Live account funds are real, not demo
  • Have rules which are simple, fair and easy to follow
  • Have specialist programs designed by professional traders
  • Enable you to scale up to $2,500,000
  • Allow you to withdraw your profits weekly
  • Generous profit share up to 90%
  • No restrictions on your trading strategies
  • Automated trading, news trading, weekend trading and holding overnight allowed
  • Do not have consistency rules
  • Integrates with TradingView
  • MetaTrader 4/5 platforms
  • Use reputable Eightcap broker
  • A large choice of trading instruments (forex pairs, commodities, indices, cryptocurrencies)
Cons
  • No free trial
  • Max relative drawdown rule
  • Drawdown rules are complicated
  • Stop loss is mandatory on the advanced trader program
  • Leverage restricted to 1:30
9.5
Funded Trading Plus Review

Funded Trading Plus Editor choice

Funded Trading Plus are a leading prop firm that fund professional traders from $12,500 up to $2,500,000 with scaling …

One Step Evaluation Prop Firms

ForexPropFirm.com

For traders with market expertise, ForexPropFirm.com have devised a 1-step evaluation process. As it is a one-phase evaluation, only one challenge needs to be finished in order to qualify for funding. In order to increase the likelihood that traders will succeed, they have tailored the software to best support low risk trading. With a 10% profit objective, traders have the option to scale their account balance up to the next level, up to $10,000,000.

FPF 1 Step Challenge
FPF 1 Step Challenge

This prop firm don’t set time limitations or charge monthly fees for this programme since they believe that these restrictions are unfair because they frequently drive traders to complete challenges as quickly as possible which can lead to unnecessary mistakes. When you pass the 1-Phase or 2-Phase Evaluation, ForexPropFirm.com provides real capital to trade with on the Live Markets – your gains are their gains. The prop firms aim is to find and fund real traders.

Pros
  • Have simple and fair rules
  • Enable you to scale up to $10,000,000
  • Let you withdraw profits bi-monthly
  • Very good trading conditions
  • Great choice of financial instruments
  • Range of different programs to choose from
  • Not too restrictive on your trading strategies
  • Earn 5% profit from the beginning
  • High profit share from 90-100%
  • Partner with reputable Eightcap broker
  • Choice of top trading platforms
  • Expert advisors (EAs), news trading, scalping and weekend holding allowed
Cons
  • Quite tough overall drawdown limits
  • Maximum 1:10 leverage on a funded account
  • Maximum risk per asset applies
  • No free trials
  • Non-refundable fee
8.5
ForexPropFirm.Com Review

ForexPropFirm.Com

With ForexPropFirm.Com you can get funded up to $10,000,000 and keep between 90% to 100% of the profits whilst they …

One Step Evaluation Prop Firms

Lux Trading Firm

Lux Trading Firm is another prop firm with a one-step evaluation challenge. There are 3 simple steps to get a funded account with no time limits, just make sure that you stick to the trading rules. They also use a single stage for their review, with a 6% profit margin. They do not, however, have a daily drawdown cap regulation. Your sole attention should be on staying below their 4% relative drawdown cap. Upon successful completion, you are given an actual account with a 75% profit share that may grow beyond $10,000,000 by adhering to their guidelines.

Lux Trading Firm Accounts
Lux Trading Firm Accounts
Pros
  • Trade up to $10 million
  • Large increase in capital every time you advance
  • Quick scaling plan
  • No time limit on profit target
  • Flexible trading conditions
  • Overnight trading and weekend holding allowed
  • News trading allowed
  • Expert advisors accepted
  • Lots of tradable assets
  • Realistic profit targets
  • Excellent choice of trading platforms
  • Tight spreads, low fees and fast execution
  • 100% refundable fee
Cons
  • 5% maximum relative drawdown
  • 75% profit share low compared to competitors
  • No MetaTrader 5 platform
  • Maximum 1:10 leverage
8.5
Lux Trading Firm Review

Lux Trading Firm

Lux Trading Firm is a London based prop firm offering account funding up to $200,000 and an aggressive scaling program …

One Step Evaluation Prop Firms

How to Choose the Best One Step Evaluation Prop Firm?

There are a few things you want to look for when choosing a prop firm with a 1-step evaluation process. You will be taking a trading challenge, so it is logical to try and choose a challenge that has favourable trading conditions and rules. For instance, it would be easier to achieve a profit target of 5% compared to 10%. If you want to use expert advisors for automated trading, you will need to find a prop firm that allows EAs.

Here are some of the key features to look for when choosing a suitable one step challenge:

  • Profit target
  • Maximum loss and drawdown
  • Minimum and maximum trading days
  • Profit share once qualified
  • Price of the trading challenge
  • Any challenge retake fees
  • Trading platforms provided
  • Available trading instruments
  • Payout frequency and methods
  • Prop firm support and reputation

One Step Evaluation Prop Firms

Pros & Cons of One Step Challenge Prop Firms

Pros
  • Quick access to a funded account
  • Practice your trading strategies
  • Improve your knowledge of the markets whilst trading
  • Less pressure compared to instant funding
  • Check how good the prop firms trading conditions are
  • Show the prop firm what you can do with a minimal upfront cost
  • Refundable fees if you pass
  • Can retake evaluations if you fail
Cons
  • Sometimes trading objectives can be unrealistic
  • Complicated evaluation process can catch traders out
  • Upfront trading challenge fees
  • Takes time to get a funded account

One Step Evaluation Prop Firms

Final Thoughts

If you want to trade on a funded account but do not feel ready to start with an instant funded account right away, then a one-step evaluation prop firm can be a great compromise. This gives you the opportunity to master your trading skills and improve your market knowledge whilst showing the prop firm that you have what it takes to trade on an account using their capital.

The main disadvantage is that you will need to stick to some trading rules and there may be restrictions on the strategies that you can use. This might make it difficult to pass the evaluation phase in order to qualify for a funded account. That being said, most prop firms will let you retake challenges by paying a small reset fee, provided you have not deliberately been in breach of their terms. If you are looking for more inspiration, please feel free to browse our prop firm reviews and see a list of our top prop trading firms.

Prop Trading Firms

Prop Trading Firms

ProprietaryFirms.com is a website dedicated to reviewing prop trading firms. With an increasing demand of aspiring traders who are looking to get a funded account, there are more and more prop trading firms popping up nowadays. We can help traders to find the prop firms that meet their needs.

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