$10,000 Classic 2-Step. Same two-phase structure and trailing drawdown as every 2-Step size.
Key Facts
- Phase 1 target: $500 (5%). Phase 2 target: $1,000 total (10% from the original balance)
- Daily loss limit: 5% of your start-of-day balance, recalculated every day at 00:00 UTC
- Max drawdown: 8%, trailing your high-water mark, starts at a $9,200 equity limit
- No consistency rule, no minimum trading days, no time limit on either phase
- Two steps. Pass both and you’re funded at the same $10,000 size
Classic 2-Step $10,000
2-Step Evaluation, On-Demand Payouts
Step 1: Phase 1
Trailing Drawdown | Min none days
📊 Step Consistency
none
📋 Additional Rules
Drawdown trails your high-water mark upward, never downward, and stops trailing once it reaches the starting balance. Daily loss limit recalculates daily at 00:00 UTC. Passing Phase 1 auto-advances to Phase 2, balance carries over.
Step 2: Phase 2
Trailing Drawdown | Min none days
📊 Step Consistency
none
📋 Additional Rules
Same trailing drawdown and daily loss rules as Phase 1. Reaching 10% total growth from the original starting balance passes the evaluation.
Step 3: Funded
Trailing Drawdown | Min none days
📊 Step Consistency
none
📋 Additional Rules
No profit target. Same 5% daily loss and 8% trailing drawdown rules carry over. A payout sweeps profit above starting balance and resets balance and HWM to the starting balance.
Things to Remember
- The trailing drawdown rises with your highest-ever equity (including floating P&L on open positions) but never falls back down, and it stops trailing once the limit reaches your starting balance.
- Passing Phase 1 auto-advances you to Phase 2, your balance carries over, there’s no separate purchase.
- Both limits are equity-based. Even a momentary touch triggers a breach, there’s no grace period.
- Opposite hedging across your own Propr accounts, or hedging against external CEX/DEX accounts, counts as prohibited anti-farming conduct.
- KYC is required before your funded account activates, not before you start the evaluation.
- On the Funded Account there’s no profit target, you keep 80% of profits, on-demand payouts in USDC, $20 minimum, within 24 hours. A payout sweeps all profit above starting balance and resets your balance, high-water mark, and drawdown limit.
FAQ
- How is 2-Step different from the 1-Step models?
- Two phases instead of one, a trailing drawdown instead of static, and a looser 5% daily loss limit instead of 3%. The total growth required to reach funding, 10%, matches Classic 1-Step’s target, just split across two phases.
- Do I need to pass Phase 1 and Phase 2 in separate purchases?
- No, one evaluation fee covers both phases. Passing Phase 1 advances you automatically.
- What happens to my drawdown limit after a payout?
- A payout sweeps profit above your starting balance and resets your balance and high-water mark to that starting balance, so your drawdown limit resets too.
Want the full picture on Propr? See the Propr Overview for every model and size, and how this one compares.
