Best Prop Firm Challenges to Pass
Prop trading firms offer a fantastic opportunity for traders to access significant capital without risking their own funds. However, most firms require potential traders to complete a challenge to prove their trading skills and discipline. These challenges usually consist of meeting specific profit goals, adhering to risk management rules, and passing certain tests over a set period of time.
In 2025, there are several prop firms offering challenges that are known for their balanced approach, favorable conditions, and the quality of their evaluation process. Here are some of the best prop firm challenges to pass this year:
1. FTMO Challenge
Overview: FTMO is one of the most popular and respected prop firms in the trading community. They offer a two-step evaluation process that requires passing both a demo challenge and a verification stage before traders can manage real funds.
Challenge Details:
- Phase 1 (Challenge): Traders must achieve a 10% profit target within 30 days while adhering to the risk rules (no more than a 5% daily loss and a 10% overall loss).
- Phase 2 (Verification): A 5% profit target is required within 60 days, with the same risk limits as the first phase.
Pros:
- High profit target with reasonable risk limits.
- Strong reputation in the industry.
- Provides access to a large community of successful traders.
Cons:
- Tight deadlines and stricter risk management can be challenging for some traders.
Best for: Traders looking for a structured and well-known challenge with a clear pathway to success.
2. The 5%ers Challenge
Overview: The 5%ers are a popular choice for traders who prefer a longer evaluation period and a lower risk threshold. They focus on consistency over rapid growth, which makes it an attractive option for more conservative traders.
Challenge Details:
- Phase 1: Traders need to achieve a 6% profit target within 10 trading days, with a max daily drawdown of 4% and a maximum drawdown of 10%.
- Phase 2 (Verification): After passing Phase 1, traders must achieve another 4% profit target with a 10% maximum drawdown, but this phase gives you 30 days to complete it.
Pros:
- Lower profit targets and longer evaluation periods make it less stressful.
- The 10% drawdown gives more room for risk management.
- Flexible trading styles allowed.
Cons:
- A slightly higher initial fee than some other prop firms.
- The focus on lower targets may not appeal to traders who like higher risk/reward setups.
Best for: Traders who prefer a slower, more methodical approach to growing capital and who don’t mind working with lower risk targets.
3. E8 Funding
Overview: E8 Funding is another prop firm gaining traction for its flexible challenge criteria and relatively high payout percentages. It is known for having one of the best support systems for traders.
Challenge Details:
- Phase 1: A 10% profit target needs to be achieved in 30 days, with a max daily loss of 5% and a maximum overall loss of 10%.
- Phase 2 (Verification): A 5% profit target must be achieved within 30 days, with the same drawdown limits.
Pros:
- High payout percentage (up to 80%).
- Fast verification process.
- Offers great flexibility in trading styles.
Cons:
- The 10% target in the first phase can be challenging for traders who prefer a more conservative approach.
Best for: Traders looking for a high payout and a more flexible trading style with a solid reputation for supporting their traders.
4. Topstep Challenge
Overview: Topstep is a well-established name in the prop trading world and offers a straightforward, no-nonsense challenge. Their evaluation process is transparent and offers several different options depending on the trader’s preferences.
Challenge Details:
- Phase 1: A 10% profit target within 20 trading days, with a maximum drawdown of 5% and a max daily loss of 2%.
- Phase 2 (Verification): Achieve a 5% profit target in 10 days, with the same drawdown limits.
Pros:
- Transparent rules and a straightforward process.
- Multiple trading instruments allowed.
- Strong support and educational resources.
Cons:
- The 2% daily loss limit in the challenge can be restrictive.
- The 10% profit target may not be suited for traders who prefer lower risk.
Best for: Traders who are familiar with strict risk management and prefer a straightforward challenge with quick turnaround.
5. Leverage Trading (LeverageFX)
Overview: Leverage Trading is an emerging firm that has gained popularity for its low-cost challenges and good profit-sharing ratios. The firm’s evaluation process is designed to attract traders who want to test their skills without breaking the bank.
Challenge Details:
- Phase 1: Traders must achieve a 7% profit target within 30 days with a maximum drawdown of 5% and a maximum daily loss of 2%.
- Phase 2 (Verification): A 5% profit target with the same drawdown and daily loss limits must be met within 30 days.
Pros:
- Lower costs to enter compared to other prop firms.
- Reasonable profit targets and risk rules.
- Solid profit-sharing percentages once passed.
Cons:
- Smaller payouts than some other firms.
- Less well-established compared to FTMO or Topstep.
Best for: Traders on a budget who still want access to reasonable capital and a simple challenge structure.
6. My Forex Funds
Overview: My Forex Funds offers one of the most affordable challenges with a straightforward evaluation process. The firm has gained popularity for its fast payouts and flexible conditions for traders who make it to the funded stage.
Challenge Details:
- Phase 1: A 10% profit target in 30 days, with a max daily loss of 5% and a maximum overall drawdown of 12%.
- Phase 2 (Verification): Achieve a 5% profit target within 60 days with the same risk rules.
Pros:
- Affordable pricing for challenges.
- Fast payouts for successful traders.
- Flexible trading instruments.
Cons:
- Slightly higher drawdown limits than some other prop firms.
- Phase 2 allows for a longer verification time, which might reduce urgency.
Best for: Traders looking for an affordable entry with relatively higher risk tolerance and who want a straightforward challenge.
Conclusion
Choosing the best prop firm challenge depends on your trading style, risk tolerance, and goals. FTMO and Topstep are great choices for traders who can handle stricter risk management, while The 5%ers and E8 Funding are ideal for traders who want more flexibility and lower targets. My Forex Funds and Leverage Trading are excellent choices for those who are starting out or prefer a lower entry cost.
Regardless of which challenge you choose, the key to success is consistency, discipline, and solid risk management. Best of luck with your trading journey .