Best value
2-Step Challenge - the classic route to funded
Our lowest entry price and the widest drawdown we offer, static from day one so your floor never moves against you.
How does the 2-Step Challenge work
Trade at your own pace and pass two phases.
01
Sign up
Choose your plan, from $7.5K up to $180K. Our lowest entry price of any program, and 100% refundable.
“The customer service is excellent and the prices are slightly lower compared to the market.”
Mike Ronaldson, Canada 02
Clear both phases
Hit an 8% target, then a 5% target. No time limit on either phase.
- Max overall loss8% static
- Evaluation2 phases
- Time limitNone
- Reward split85–100%
“I passed phase 1 in eight trading days and phase 2 in five. My funded account was given 10 hours after I passed phase 2. My first payout was approved within 8 hours.”
Bonnie Matson, United Kingdom 03
Get funded
Complete KYC, receive your simulated funded account, and keep up to 100% of your simulated profits.
8 hrs
Average reward time
“My payout was faster than expected. I had my approval email within 10 hours and the funds in my account shortly after. A huge thank you for the fast processing.”
Sarah Charles, United States
Why the 2-Step Challenge
The most forgiving way in, at the lowest price we offer.
| OthersOther firms | Best valueSFX2-Step Challenge | |
|---|---|---|
| Max overall loss | Trailing | 8% static |
| Phase 1 and 2 target | 10% / 10% | 8% / 5% |
| Reward share from phase 1 and 2 | None | 20% |
| Time limit | None | None |
| Hold overnight and weekends | Often restricted | Allowed |
| First reward | 14–30 days | On demand |
Build your 2-Step account
Pick your account size and platform.
Step 1 - Select account
Step 2 - Select platform
Parameters
- Max daily loss
- 4%
- Max loss
- 8%
- Profit target
- 8% → 5%
- Reward split
- 85–100%
- Evaluation
- 2 phases
- Time limit
- None
- Leverage
- 1:30
- Rewards
- On demand
Average reward$1,132
Features of the 2-Step Challenge
Everything the 2-Step Challenge gives you.
A static drawdown
The widest overall loss allowance we offer, measured from your initial balance so it never trails up behind you.
Our lowest entry price
The cheapest route to a simulated funded SFX account, and 100% refundable.
Rewards on demand
Request a reward after as few as 3 trading days at a 40% split, or hit the standard milestones and take 85%.
Hold overnight and weekends
Positions can stay open through the session close and across the weekend. No forced flat.
Scale to $3.2M
Grow your allocation as you stay consistent, up to $3.2M in simulated capital.
85-100% reward split
Keep 85% of your simulated profits as standard, rising to 100% as your account scales.
SFX Reward Security
Receive your reward within 48 hours, or we add an extra $1,000 to your withdrawal.
Real traders, real success
Hear from some of our successful traders.
Neil
Massachusetts, USA
Verified trader testimonial from Massachusetts, USA.
John
Florida, USA
Verified trader testimonial from Florida, USA.
Cameron
South Africa
Verified trader testimonial from South Africa.
Josh
Australia
Verified trader testimonial from Australia.
SFX trader
Nottingham, UK
Verified trader testimonial from Nottingham, UK.
Trusted by 32000+ users globally
Highest paid trader
$89,164.12
Total rewards paid
$3.5M+
- Average reward
- $1,132
- Average reward time
- 8 hrs
Rewards paid in 48 hours or we add $1,000
Countries Served
130+
2-Step Challenge
Frequently asked questions
What is a proprietary trading firm?
A proprietary trading firm is a financial company that provides traders with capital to trade in various financial markets. The goal is to generate profits that are shared between the trader and the firm. At SFX Funded, that means simulated accounts up to $500K and up to a 100% reward split on the profits you generate.
What are the pros and cons of trading a simulated funded account?
Advantages include access to capital, training, and the potential for higher profits. Drawbacks include the risk of losses, performance-related pressure, and the requirement to share profits with the firm. SFX Funded softens the hard parts: no time limits on your evaluation, rules published up front, and rewards requested on demand once you are eligible.
What happens if I lose money with a prop firm?
If a trader consistently incurs losses beyond the firm's risk limits, they may face consequences such as suspended trading, account termination, or being disqualified from the program. With SFX Funded there are no hidden penalties - every rule is published before you start, and your fee is a one-time payment with no recurring charges.
Do firms pay traders out?
Yes, any reputable prop firm compensates their traders based on the terms agreed upon and the trader's performance. SFX Funded pays on demand once you are eligible: average reward time is under 8 hours, backed by our 48-Hr Reward Security, with $3.5M+ in rewards paid to 32,000+ traders across 130+ countries.
Are there any additional costs for traders to join SFX Funded?
There are no additional charges or hidden fees when you join us. You can customise your product with some add-ons at checkout. Those incur a one-time fee but are not mandatory for a great experience. We have no ongoing or recurring charges at all.
Turn your trading skills into rewards
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